Pacific Basin Shipping Limited

SEHK:2343 Stock Report

Market Cap: HK$7.9b

Pacific Basin Shipping Past Earnings Performance

Past criteria checks 2/6

Pacific Basin Shipping has been growing earnings at an average annual rate of 28.2%, while the Shipping industry saw earnings growing at 18.6% annually. Revenues have been growing at an average rate of 13.3% per year. Pacific Basin Shipping's return on equity is 4.5%, and it has net margins of 3.4%.

Key information

28.2%

Earnings growth rate

27.4%

EPS growth rate

Shipping Industry Growth44.0%
Revenue growth rate13.3%
Return on equity4.5%
Net Margin3.4%
Last Earnings Update30 Jun 2024

Recent past performance updates

There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings

Aug 30
There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings

Recent updates

When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?

Oct 07
When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?

Investors Interested In Pacific Basin Shipping Limited's (HKG:2343) Earnings

Sep 20
Investors Interested In Pacific Basin Shipping Limited's (HKG:2343) Earnings

There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings

Aug 30
There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings

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)

Revenue & Expenses Breakdown

How Pacific Basin Shipping makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2343 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 242,4308260
31 Mar 242,3639660
31 Dec 232,29710970
30 Sep 232,50221670
30 Jun 232,70732260
31 Mar 232,99451270
31 Dec 223,28270280
30 Sep 223,41792690
30 Jun 223,5531,150100
31 Mar 223,26399790
31 Dec 212,97384580
30 Sep 212,45251080
30 Jun 211,93217470
31 Mar 211,701-1770
31 Dec 201,471-20860
30 Sep 201,486-20760
30 Jun 201,500-20560
31 Mar 201,543-9060
31 Dec 191,5862560
30 Sep 191,5743760
30 Jun 191,5635060
31 Mar 191,5776160
31 Dec 181,5927260
30 Sep 181,5865960
30 Jun 181,5814650
31 Mar 181,5342550
31 Dec 171,488450
30 Sep 171,395-2360
30 Jun 171,302-4960
31 Mar 171,195-6860
31 Dec 161,087-8760
30 Sep 161,101-8060
30 Jun 161,114-7460
31 Mar 161,187-4660
31 Dec 151,260-1960
30 Sep 151,352-10480
30 Jun 151,443-18990
31 Mar 151,581-234100
31 Dec 141,718-280110
30 Sep 141,785-182120
30 Jun 141,852-85130
31 Mar 141,780-37150
31 Dec 131,70910180

Quality Earnings: 2343 has high quality earnings.

Growing Profit Margin: 2343's current net profit margins (3.4%) are lower than last year (11.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2343's earnings have grown significantly by 28.2% per year over the past 5 years.

Accelerating Growth: 2343's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2343 had negative earnings growth (-74.6%) over the past year, making it difficult to compare to the Shipping industry average (-47.4%).


Return on Equity

High ROE: 2343's Return on Equity (4.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 15:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pacific Basin Shipping Limited is covered by 29 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan WindhamBarclays
Chun LamBOCI Research Ltd.
Nathan GeeBofA Global Research