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Hong Kong Stock Exchange · Industrials

Invest in Ocean Line Port Development stock from India

Indian and foreign residents can buy Ocean Line Port Development (8502) shares directly through Paasa.

By Paasa · Updated

Ocean Line Port Development at a glance

Price
HK$0.32-HK$0.01 (3.08%)
Market cap
HK$252.00M
Day range
HK$0.31 – HK$0.33
P/E
3.56
Dividend yield
12.70%
Volume
40.00K
1 month
-8.70%
6 months
-1.56%
YTD
+1.61%
1 year
+10.53%
5 years
+8.62%

Live chart and statistics

Ocean Line Port Development statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCN¥158.8MCN¥177.0MCN¥173.6MCN¥187.4MCN¥165.8M
Gross profitCN¥105.9MCN¥117.3MCN¥111.1MCN¥115.1MCN¥97.7M
Operating incomeCN¥68.3MCN¥87.8MCN¥85.7MCN¥90.8MCN¥76.2M
Net incomeCN¥52.2MCN¥65.6MCN¥59.1MCN¥64.1MCN¥57.2M
Earnings per shareCN¥0.07CN¥0.08CN¥0.07CN¥0.08CN¥0.07
EBITDACN¥100.1MCN¥108.5MCN¥121.5MCN¥131.1MCN¥121.7M
Total assetsCN¥953.8MCN¥908.6MCN¥832.3MCN¥813.2MCN¥748.5M
Total debtCN¥557.2KCN¥1.1MCN¥1.6MCN¥497.0KCN¥880.0K
Cash and short-term investmentsCN¥405.5MCN¥393.0MCN¥306.2MCN¥290.0MCN¥231.2M
Shareholders' equityCN¥601.2MCN¥552.1MCN¥486.7MCN¥472.0MCN¥409.2M
Operating cash flowCN¥47.2MCN¥76.9MCN¥89.5MCN¥100.1MCN¥129.8M
Free cash flowCN¥34.5MCN¥71.1MCN¥84.5MCN¥85.7MCN¥109.2M
Capital expenditure−CN¥12.7M−CN¥5.7M−CN¥5.0M−CN¥14.4M−CN¥20.6M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CNY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
KFM Kingdom3816.HKHK$4.54HK$2.72B
Boer Power1685.HKHK$0.61HK$465.20M
G & M6038.HKHK$0.41HK$406.21M
SMIT2239.HKHK$1.14HK$370.42M
Kinergy3302.HKHK$0.38HK$345.15M
Hong Kong Johnson1955.HKHK$0.64HK$317.50M
Zhejiang Tengy Environmental Technology1527.HKHK$2.26HK$304.43M
Hanison Construction0896.HKHK$0.28HK$295.10M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Ocean Line Port Development from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.

  3. Step 3

    Search 8502 and buy

    Find Ocean Line Port Development by name or by its ticker, 8502, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

Why invest in Ocean Line Port Development from India

What Ocean Line Port Development does

Ocean Line Port Development Limited functions as an inland terminal operator, furnishing port logistics services across the People's Republic of China. The company's operations feature two strategically located port facilities, Jiangkou Terminal and Niutoushan Terminal, both situated in Chizhou City, Anhui. Ocean Line Port Development operates in the Industrial - Infrastructure Operations industry within the Industrials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Ocean Line Port Development stock from India?

Yes. Indian residents and NRIs can buy Ocean Line Port Development (8502) shares directly through Paasa. Ocean Line Port Development is listed on the Hong Kong Stock Exchange, in the Industrial - Infrastructure Operations industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Ocean Line Port Development share?

Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$0.32 a share, size the order by the lot, not by the share.

How are Ocean Line Port Development dividends taxed for Indian investors?

Ocean Line Port Development trades on the Hong Kong Stock Exchange but is domiciled in China, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Ocean Line Port Development shares?

Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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