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
UpdatedJun 04, 2025
DataAggregated Company Financials
Companies15
- 7D-4.8%
- 3M21.8%
- 1Y-1.3%
- YTD12.9%
Over the last 7 days, the Marine and Shipping industry has dropped 4.8%, driven by a pullback from COSCO SHIPPING Holdings of 6.7%. Over the last year, the industry has been flat overall. In the next few years, earnings are forecast to decline by 30% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 04 Jun 2025 | HK$451.3b | HK$414.1b | HK$92.2b | 5.9x | 4.9x | 1.1x |
| Fri, 02 May 2025 | HK$386.9b | HK$406.9b | HK$90.6b | 6.4x | 4.3x | 1x |
| Sun, 30 Mar 2025 | HK$394.0b | HK$394.3b | HK$83.0b | 6.9x | 4.7x | 1x |
| Tue, 25 Feb 2025 | HK$367.4b | HK$350.4b | HK$56.7b | 7.3x | 6.5x | 1x |
| Thu, 23 Jan 2025 | HK$373.6b | HK$350.5b | HK$56.8b | 7.5x | 6.6x | 1.1x |
| Sat, 21 Dec 2024 | HK$379.7b | HK$348.7b | HK$56.4b | 7x | 6.7x | 1.1x |
| Mon, 18 Nov 2024 | HK$394.1b | HK$351.5b | HK$57.0b | 8.4x | 6.9x | 1.1x |
| Wed, 16 Oct 2024 | HK$388.3b | HK$314.1b | HK$40.2b | 7.8x | 9.7x | 1.2x |
| Fri, 13 Sep 2024 | HK$330.6b | HK$315.3b | HK$40.3b | 7.5x | 8.2x | 1x |
| Sun, 11 Aug 2024 | HK$340.0b | HK$302.8b | HK$41.2b | 12.7x | 8.3x | 1.1x |
| Tue, 09 Jul 2024 | HK$398.0b | HK$299.5b | HK$41.1b | 13.7x | 9.7x | 1.3x |
| Thu, 06 Jun 2024 | HK$444.6b | HK$300.0b | HK$41.0b | 14.3x | 10.8x | 1.5x |
| Sat, 04 May 2024 | HK$346.4b | HK$300.4b | HK$41.1b | 13.6x | 8.4x | 1.2x |
| Mon, 01 Apr 2024 | HK$288.8b | HK$300.3b | HK$41.6b | 10.6x | 6.9x | 1x |
| Wed, 28 Feb 2024 | HK$307.2b | HK$386.9b | HK$91.0b | 6.3x | 3.4x | 0.8x |
| Fri, 26 Jan 2024 | HK$300.0b | HK$387.5b | HK$91.0b | 6.2x | 3.3x | 0.8x |
| Sun, 24 Dec 2023 | HK$302.5b | HK$388.4b | HK$91.2b | 6.4x | 3.3x | 0.8x |
| Tue, 21 Nov 2023 | HK$273.0b | HK$383.5b | HK$90.6b | 5.8x | 3x | 0.7x |
| Thu, 19 Oct 2023 | HK$273.9b | HK$448.1b | HK$119.2b | 5.8x | 2.3x | 0.6x |
| Sat, 16 Sep 2023 | HK$286.1b | HK$449.6b | HK$119.5b | 6.2x | 2.4x | 0.6x |
| Mon, 14 Aug 2023 | HK$307.4b | HK$576.9b | HK$192.4b | 6.6x | 1.6x | 0.5x |
| Wed, 12 Jul 2023 | HK$295.7b | HK$583.9b | HK$196.1b | 6.2x | 1.5x | 0.5x |
| Fri, 09 Jun 2023 | HK$300.0b | HK$588.3b | HK$197.5b | 4.1x | 1.5x | 0.5x |
| Sun, 07 May 2023 | HK$347.8b | HK$600.9b | HK$200.9b | 3.7x | 1.7x | 0.6x |
| Tue, 04 Apr 2023 | HK$349.3b | HK$700.3b | HK$235.2b | 4x | 1.5x | 0.5x |
| Thu, 02 Mar 2023 | HK$337.5b | HK$705.9b | HK$235.2b | 3.1x | 1.4x | 0.5x |
| Sat, 28 Jan 2023 | HK$328.7b | HK$711.8b | HK$239.7b | 2.6x | 1.4x | 0.5x |
| Mon, 26 Dec 2022 | HK$340.4b | HK$695.5b | HK$235.0b | 2.6x | 1.4x | 0.5x |
| Wed, 23 Nov 2022 | HK$343.3b | HK$683.7b | HK$231.7b | 2x | 1.5x | 0.5x |
| Fri, 21 Oct 2022 | HK$321.7b | HK$669.2b | HK$229.8b | 2x | 1.4x | 0.5x |
| Sun, 18 Sep 2022 | HK$371.6b | HK$684.1b | HK$234.1b | 2.4x | 1.6x | 0.5x |
| Tue, 16 Aug 2022 | HK$471.0b | HK$623.9b | HK$193.1b | 4.3x | 2.4x | 0.8x |
| Thu, 14 Jul 2022 | HK$476.8b | HK$621.4b | HK$191.3b | 3.7x | 2.5x | 0.8x |
| Sat, 11 Jun 2022 | HK$513.4b | HK$623.2b | HK$191.8b | 4.6x | 2.7x | 0.8x |
Price to Earnings Ratio
2.7x
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 4.9x 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 | 0.86% | |
| Industrials | 0.42% | |
| Marine and Shipping | -4.81% | |
| Marine | -4.81% | |
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 | |
|---|---|---|---|---|---|
| 1308 SITC International Holdings | HK$25.35 | 4.5% +HK$3.0b | 20.1% | PE8.5x | |
| 2343 Pacific Basin Shipping | HK$1.96 | 2.6% +HK$252.1m | -27.7% | PE9.6x | |
| 2409 Seacon Shipping Group Holdings | HK$4.35 | 0.5% +HK$10.0m | 16.0% | PE3.9x | |
| 1732 Xiangxing International Holding | HK$0.10 | 2.0% +HK$2.6m | -31.6% | PS0.5x |
