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Pacific Basin Shipping SEHK:2343 Stock Report

Last Price

HK$2.60

Market Cap

HK$13.5b

7D

3.2%

1Y

10.2%

Updated

22 Jun, 2024

Data

Company Financials +

Pacific Basin Shipping Limited

SEHK:2343 Stock Report

Market Cap: HK$13.5b

2343 Stock Overview

An investment holding company, engages in the provision of dry bulk shipping services worldwide.

2343 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Pacific Basin Shipping Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pacific Basin Shipping
Historical stock prices
Current Share PriceHK$2.60
52 Week HighHK$3.01
52 Week LowHK$1.98
Beta1.46
11 Month Change-5.80%
3 Month Change8.33%
1 Year Change10.17%
33 Year Change-17.20%
5 Year Change81.82%
Change since IPO4.00%

Recent News & Updates

Recent updates

Pacific Basin Shipping's (HKG:2343) Returns On Capital Are Heading Higher

Jun 12
Pacific Basin Shipping's (HKG:2343) Returns On Capital Are Heading Higher

Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

May 28
Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Pacific Basin Shipping Limited's (HKG:2343) P/S Is Still On The Mark Following 30% Share Price Bounce

May 09
Pacific Basin Shipping Limited's (HKG:2343) P/S Is Still On The Mark Following 30% Share Price Bounce

Shareholders May Not Be So Generous With Pacific Basin Shipping Limited's (HKG:2343) CEO Compensation And Here's Why

Apr 12
Shareholders May Not Be So Generous With Pacific Basin Shipping Limited's (HKG:2343) CEO Compensation And Here's Why

Earnings Miss: Pacific Basin Shipping Limited Missed EPS By 22% And Analysts Are Revising Their Forecasts

Mar 04
Earnings Miss: Pacific Basin Shipping Limited Missed EPS By 22% And Analysts Are Revising Their Forecasts

Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Feb 13
Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger

Jan 26
Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger

Pacific Basin Shipping (HKG:2343) Has A Pretty Healthy Balance Sheet

Dec 11
Pacific Basin Shipping (HKG:2343) Has A Pretty Healthy Balance Sheet

Are Investors Undervaluing Pacific Basin Shipping Limited (HKG:2343) By 41%?

Nov 28
Are Investors Undervaluing Pacific Basin Shipping Limited (HKG:2343) By 41%?

Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger

Oct 20
Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger

These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well

Aug 27
These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well

Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Aug 11
Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Pacific Basin Shipping (HKG:2343) Is Achieving High Returns On Its Capital

May 16
Pacific Basin Shipping (HKG:2343) Is Achieving High Returns On Its Capital

We Think Pacific Basin Shipping (HKG:2343) Can Stay On Top Of Its Debt

Apr 28
We Think Pacific Basin Shipping (HKG:2343) Can Stay On Top Of Its Debt

Should You Investigate Pacific Basin Shipping Limited (HKG:2343) At HK$3.25?

Apr 13
Should You Investigate Pacific Basin Shipping Limited (HKG:2343) At HK$3.25?

Under The Bonnet, Pacific Basin Shipping's (HKG:2343) Returns Look Impressive

Feb 04
Under The Bonnet, Pacific Basin Shipping's (HKG:2343) Returns Look Impressive

Is Pacific Basin Shipping Limited (HKG:2343) Potentially Undervalued?

Dec 29
Is Pacific Basin Shipping Limited (HKG:2343) Potentially Undervalued?

Is Pacific Basin Shipping (HKG:2343) Using Too Much Debt?

Dec 13
Is Pacific Basin Shipping (HKG:2343) Using Too Much Debt?

Pacific Basin Shipping (HKG:2343) Is Very Good At Capital Allocation

Oct 23
Pacific Basin Shipping (HKG:2343) Is Very Good At Capital Allocation

Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?

Sep 16
Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?

Pacific Basin Shipping (HKG:2343) Seems To Use Debt Rather Sparingly

Sep 01
Pacific Basin Shipping (HKG:2343) Seems To Use Debt Rather Sparingly

Why We Like The Returns At Pacific Basin Shipping (HKG:2343)

Jun 22
Why We Like The Returns At Pacific Basin Shipping (HKG:2343)

Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?

Jun 05
Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?

These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Safely

Apr 05
These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Safely

Pacific Basin Shipping's (HKG:2343) Promising Earnings May Rest On Soft Foundations

Mar 18
Pacific Basin Shipping's (HKG:2343) Promising Earnings May Rest On Soft Foundations

Returns on Capital Paint A Bright Future For Pacific Basin Shipping (HKG:2343)

Feb 28
Returns on Capital Paint A Bright Future For Pacific Basin Shipping (HKG:2343)

Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Dec 23
Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

We Like These Underlying Return On Capital Trends At Pacific Basin Shipping (HKG:2343)

Nov 18
We Like These Underlying Return On Capital Trends At Pacific Basin Shipping (HKG:2343)

Here's Why Pacific Basin Shipping (HKG:2343) Can Manage Its Debt Responsibly

Sep 24
Here's Why Pacific Basin Shipping (HKG:2343) Can Manage Its Debt Responsibly

What Is Pacific Basin Shipping Limited's (HKG:2343) Share Price Doing?

Sep 07
What Is Pacific Basin Shipping Limited's (HKG:2343) Share Price Doing?

There's Been No Shortage Of Growth Recently For Pacific Basin Shipping's (HKG:2343) Returns On Capital

Jul 26
There's Been No Shortage Of Growth Recently For Pacific Basin Shipping's (HKG:2343) Returns On Capital

Shareholder Returns

2343HK ShippingHK Market
7D3.2%4.5%0.6%
1Y10.2%72.2%2.4%

Return vs Industry: 2343 underperformed the Hong Kong Shipping industry which returned 75% over the past year.

Return vs Market: 2343 exceeded the Hong Kong Market which returned 2.1% over the past year.

Price Volatility

Is 2343's price volatile compared to industry and market?
2343 volatility
2343 Average Weekly Movement6.1%
Shipping Industry Average Movement6.6%
Market Average Movement7.2%
10% most volatile stocks in HK Market15.3%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 2343 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2343's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19875,489Martin Fruergaardwww.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

How do Pacific Basin Shipping's earnings and revenue compare to its market cap?
2343 fundamental statistics
Market capHK$13.53b
Earnings (TTM)HK$853.75m
Revenue (TTM)HK$17.93b

15.8x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2343 income statement (TTM)
RevenueUS$2.30b
Cost of RevenueUS$2.17b
Gross ProfitUS$130.95m
Other ExpensesUS$21.57m
EarningsUS$109.38m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 08, 2024

Earnings per share (EPS)0.021
Gross Margin5.70%
Net Profit Margin4.76%
Debt/Equity Ratio16.7%

How did 2343 perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

48%

Payout Ratio
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