Shanghai International Port (Group) Co Ltd (600018) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached RMB 21.43 billion, up 9.5% year-over-year; net profit attributable to shareholders was RMB 8.52 billion, up 5.97% year-over-year.

• Container throughput at the main port reached 28.74 million TEUs, up 6.2% year-over-year, maintaining global leadership.

• The company continued to enhance its hub port functions, logistics services, and green, digital transformation initiatives.

Financial highlights

• Operating income: RMB 21.43 billion, up 9.5% year-over-year.

• Net profit attributable to shareholders: RMB 8.52 billion, up 5.97% year-over-year.

• Basic EPS: RMB 0.3663, up 5.90% year-over-year.

• Net cash flow from operating activities: RMB 6.95 billion, up 10.52% year-over-year.

• Total assets: RMB 238.73 billion, up 7.67% from year-end 2025.

• Adjusted net profit (excluding share-based payment): RMB 9.45 billion, up 7.78% year-over-year.

Outlook and guidance

• The company expects continued challenges from global economic uncertainty, geopolitical tensions, and industry overcapacity risks.

• Focus remains on strengthening core port operations, digital and green transformation, and expanding logistics and value-added services.

• The company aims to maintain its global leading position and further enhance international shipping center capabilities.