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Trades about 42% below its sector, cheaper than its peers on earnings.
Xiamen Port Development Co., Ltd., including its various subsidiaries, delivers a broad spectrum of port and logistics services across China. Its primary operations encompass the loading and unloading of bulk cargo at terminals, alongside comprehensive integrated logistics management. The company also offers specialized services such as shipping agency, material handling for bulk goods, L/E consolidation, tally notarization, storage facilities, diverse transportation options (including sea-rail links), and inland port operations. Beyond services, it is actively involved in the trade of a wide array of commodities, including but not limited to building materials, chemical raw materials and products, mineral products, machinery and equipment, hardware and electronics, textiles, clothing, daily necessities, agricultural and livestock products, stationery, sporting goods and equipment, and arts and crafts. Additionally, the company engages in tugboat operations, the production and distribution of concrete and additives, and general commodity trading. Founded in 1999 and based in Xiamen, China, the company was formerly named Xiamen Road and Bridge Corporation before being rebranded as Xiamen Port Development Co., Ltd. in November 2004. It operates as a subsidiary of Xiamen International Port Co., Ltd.
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