2343 Stock Overview
An investment holding company, engages in the provision of dry bulk shipping services worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Pacific Basin Shipping Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$2.22 |
| 52 Week High | HK$3.01 |
| 52 Week Low | HK$1.92 |
| Beta | 1.47 |
| 11 Month Change | -4.72% |
| 3 Month Change | -5.53% |
| 1 Year Change | -1.77% |
| 33 Year Change | -32.93% |
| 5 Year Change | 27.59% |
| Change since IPO | -11.20% |
Recent News & Updates
When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?
Oct 07
Investors Interested In Pacific Basin Shipping Limited's (HKG:2343) Earnings
Sep 20There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings
Aug 30Recent updates
When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?
Oct 07Investors Interested In Pacific Basin Shipping Limited's (HKG:2343) Earnings
Sep 20There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings
Aug 30Pacific Basin Shipping's (HKG:2343) Returns On Capital Are Heading Higher
Jun 12Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
May 28Pacific Basin Shipping Limited's (HKG:2343) P/S Is Still On The Mark Following 30% Share Price Bounce
May 09Shareholders May Not Be So Generous With Pacific Basin Shipping Limited's (HKG:2343) CEO Compensation And Here's Why
Apr 12Earnings Miss: Pacific Basin Shipping Limited Missed EPS By 22% And Analysts Are Revising Their Forecasts
Mar 04Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Feb 13Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger
Jan 26Pacific Basin Shipping (HKG:2343) Has A Pretty Healthy Balance Sheet
Dec 11Are Investors Undervaluing Pacific Basin Shipping Limited (HKG:2343) By 41%?
Nov 28Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger
Oct 20These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well
Aug 27Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Aug 11Pacific Basin Shipping (HKG:2343) Is Achieving High Returns On Its Capital
May 16We Think Pacific Basin Shipping (HKG:2343) Can Stay On Top Of Its Debt
Apr 28Should You Investigate Pacific Basin Shipping Limited (HKG:2343) At HK$3.25?
Apr 13Under The Bonnet, Pacific Basin Shipping's (HKG:2343) Returns Look Impressive
Feb 04Is Pacific Basin Shipping Limited (HKG:2343) Potentially Undervalued?
Dec 29Is Pacific Basin Shipping (HKG:2343) Using Too Much Debt?
Dec 13Pacific Basin Shipping (HKG:2343) Is Very Good At Capital Allocation
Oct 23Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?
Sep 16Pacific Basin Shipping (HKG:2343) Seems To Use Debt Rather Sparingly
Sep 01Why We Like The Returns At Pacific Basin Shipping (HKG:2343)
Jun 22Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?
Jun 05These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Safely
Apr 05Pacific Basin Shipping's (HKG:2343) Promising Earnings May Rest On Soft Foundations
Mar 18Returns on Capital Paint A Bright Future For Pacific Basin Shipping (HKG:2343)
Feb 28Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Dec 23We Like These Underlying Return On Capital Trends At Pacific Basin Shipping (HKG:2343)
Nov 18Shareholder Returns
| 2343 | HK Shipping | HK Market | |
|---|---|---|---|
| 7D | -4.3% | -1.0% | -0.3% |
| 1Y | -1.8% | 42.6% | 18.4% |
Return vs Industry: 2343 underperformed the Hong Kong Shipping industry which returned 41.6% over the past year.
Return vs Market: 2343 underperformed the Hong Kong Market which returned 17.5% over the past year.
Price Volatility
| 2343 volatility | |
|---|---|
| 2343 Average Weekly Movement | 6.4% |
| Shipping Industry Average Movement | 6.7% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.9% |
| 10% least volatile stocks in HK Market | 4.3% |
Stable Share Price: 2343 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2343's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 4,892 | Martin Fruergaard | www.pacificbasin.com |
Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap. It also offers shipping consulting, crewing, secretarial, and ship agency and management services.
Pacific Basin Shipping Limited Fundamentals Summary
| 2343 fundamental statistics | |
|---|---|
| Market cap | HK$11.31b |
| Earnings (TTM) | HK$634.58m |
| Revenue (TTM) | HK$18.88b |
17.8x
P/E Ratio0.6x
P/S RatioIs 2343 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2343 income statement (TTM) | |
|---|---|
| Revenue | US$2.43b |
| Cost of Revenue | US$2.32b |
| Gross Profit | US$110.47m |
| Other Expenses | US$28.79m |
| Earnings | US$81.67m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.016 |
| Gross Margin | 4.55% |
| Net Profit Margin | 3.36% |
| Debt/Equity Ratio | 16.2% |
How did 2343 perform over the long term?
See historical performance and comparison