These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well
May 13
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Hong Kong (HSI) Marine and Shipping Industry Analysis
UpdatedMay 30, 2025
DataAggregated Company Financials
Companies15
- 7D-0.6%
- 3M31.3%
- 1Y10.4%
- YTD19.8%
Over the last 7 days, the Marine and Shipping industry has remained flat. As for the the longer term, the industry is up 5.8% over the past 12 months. As for the next few years, earnings are forecast to decline by 32% per annum.
Industry Valuation and Performance
Has the Hong Kong Marine and Shipping Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 30 May 2025 | HK$461.2b | HK$413.9b | HK$92.2b | 5.9x | 5x | 1.1x |
| Sun, 27 Apr 2025 | HK$382.7b | HK$396.1b | HK$85.2b | 6.2x | 4.5x | 1x |
| Tue, 25 Mar 2025 | HK$396.4b | HK$394.4b | HK$82.8b | 7.2x | 4.8x | 1x |
| Thu, 20 Feb 2025 | HK$384.9b | HK$349.5b | HK$56.6b | 7.2x | 6.8x | 1.1x |
| Sat, 18 Jan 2025 | HK$378.4b | HK$348.4b | HK$56.4b | 7.5x | 6.7x | 1.1x |
| Mon, 16 Dec 2024 | HK$385.7b | HK$349.7b | HK$56.6b | 8.3x | 6.8x | 1.1x |
| Wed, 13 Nov 2024 | HK$394.4b | HK$351.1b | HK$56.9b | 8.5x | 6.9x | 1.1x |
| Fri, 11 Oct 2024 | HK$397.5b | HK$315.4b | HK$40.3b | 7.8x | 9.9x | 1.3x |
| Sun, 08 Sep 2024 | HK$336.5b | HK$316.0b | HK$40.4b | 8.2x | 8.3x | 1.1x |
| Tue, 06 Aug 2024 | HK$353.3b | HK$302.1b | HK$41.4b | 12.5x | 8.5x | 1.2x |
| Thu, 04 Jul 2024 | HK$426.4b | HK$299.4b | HK$41.1b | 14.5x | 10.4x | 1.4x |
| Sat, 01 Jun 2024 | HK$417.4b | HK$300.5b | HK$41.1b | 14x | 10.2x | 1.4x |
| Mon, 29 Apr 2024 | HK$327.7b | HK$299.7b | HK$41.5b | 12.9x | 7.9x | 1.1x |
| Wed, 27 Mar 2024 | HK$283.9b | HK$338.7b | HK$53.2b | 8.3x | 5.3x | 0.8x |
| Fri, 23 Feb 2024 | HK$313.0b | HK$387.0b | HK$91.0b | 6.5x | 3.4x | 0.8x |
| Sun, 21 Jan 2024 | HK$286.1b | HK$389.4b | HK$91.4b | 6.4x | 3.1x | 0.7x |
| Tue, 19 Dec 2023 | HK$303.0b | HK$387.6b | HK$91.0b | 6.6x | 3.3x | 0.8x |
| Thu, 16 Nov 2023 | HK$275.0b | HK$382.0b | HK$90.4b | 5.8x | 3x | 0.7x |
| Sat, 14 Oct 2023 | HK$273.0b | HK$448.3b | HK$119.2b | 6.1x | 2.3x | 0.6x |
| Mon, 11 Sep 2023 | HK$280.9b | HK$447.7b | HK$119.1b | 6.1x | 2.4x | 0.6x |
| Wed, 09 Aug 2023 | HK$310.6b | HK$577.3b | HK$192.5b | 6.2x | 1.6x | 0.5x |
| Fri, 07 Jul 2023 | HK$295.0b | HK$580.9b | HK$195.2b | 6.2x | 1.5x | 0.5x |
| Sun, 04 Jun 2023 | HK$289.6b | HK$590.7b | HK$198.1b | 4.1x | 1.5x | 0.5x |
| Tue, 02 May 2023 | HK$355.0b | HK$601.1b | HK$200.9b | 4x | 1.8x | 0.6x |
| Thu, 30 Mar 2023 | HK$358.8b | HK$700.5b | HK$235.3b | 4x | 1.5x | 0.5x |
| Sat, 25 Feb 2023 | HK$336.5b | HK$700.2b | HK$233.6b | 3.1x | 1.4x | 0.5x |
| Mon, 23 Jan 2023 | HK$331.1b | HK$711.6b | HK$239.6b | 2.5x | 1.4x | 0.5x |
| Wed, 21 Dec 2022 | HK$342.1b | HK$695.0b | HK$234.7b | 2.8x | 1.5x | 0.5x |
| Fri, 18 Nov 2022 | HK$343.1b | HK$690.8b | HK$233.8b | 2.1x | 1.5x | 0.5x |
| Sun, 16 Oct 2022 | HK$334.3b | HK$671.4b | HK$230.5b | 2.1x | 1.5x | 0.5x |
| Tue, 13 Sep 2022 | HK$386.0b | HK$688.3b | HK$235.4b | 2.4x | 1.6x | 0.6x |
| Thu, 11 Aug 2022 | HK$499.9b | HK$624.1b | HK$193.2b | 4.5x | 2.6x | 0.8x |
| Sat, 09 Jul 2022 | HK$489.3b | HK$622.8b | HK$191.7b | 3.7x | 2.6x | 0.8x |
| Mon, 06 Jun 2022 | HK$556.3b | HK$625.2b | HK$192.3b | 4.7x | 2.9x | 0.9x |
Price to Earnings Ratio
2.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Shipping industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 5.0x which is higher than its 3-year average PE of 4.3x.
- The 3-year average PS ratio of 0.82x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Shipping industry have declined 22% per year over the last three years,
- Revenues have also declined 13% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Industrials industry?
| HK Market | 0.70% | |
| Industrials | 1.37% | |
| Marine and Shipping | -0.62% | |
| Marine | -0.62% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2343 Pacific Basin Shipping | HK$1.90 | 1.1% +HK$100.8m | -31.9% | PE9.3x | |
| 137 Jinhui Holdings | HK$0.66 | 6.5% +HK$21.2m | -12.0% | PE5.9x | |
| 351 Asia Energy Logistics Group | HK$0.086 | 2.4% +HK$4.0m | -65.0% | PS3.6x | |
| 1145 Courage Investment Group | HK$0.19 | 1.1% +HK$2.2m | 153.3% | PE15.6x | |
| 2682 Yun Lee Marine Group Holdings | HK$0.10 | 1.0% +HK$1.0m | -47.4% | PE5x |
