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Seacon Shipping Group Holdings SEHK:2409 Stock Report

Last Price

HK$3.39

Market Cap

HK$1.7b

7D

0.3%

1Y

17.7%

Updated

25 Apr, 2024

Data

Company Financials +

Seacon Shipping Group Holdings Limited

SEHK:2409 Stock Report

Market Cap: HK$1.7b

Seacon Shipping Group Holdings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Seacon Shipping Group Holdings
Historical stock prices
Current Share PriceHK$3.39
52 Week HighHK$3.41
52 Week LowHK$2.52
Beta0
1 Month Change1.50%
3 Month Change1.80%
1 Year Change17.71%
3 Year Changen/a
5 Year Changen/a
Change since IPO31.40%

Recent News & Updates

Recent updates

We Believe That Seacon Shipping Group Holdings' (HKG:2409) Weak Earnings Are A Good Indicator Of Underlying Profitability

Oct 03
We Believe That Seacon Shipping Group Holdings' (HKG:2409) Weak Earnings Are A Good Indicator Of Underlying Profitability

Shareholder Returns

2409HK ShippingHK Market
7D0.3%8.6%3.6%
1Y17.7%-9.2%-10.1%

Return vs Industry: 2409 exceeded the Hong Kong Shipping industry which returned -9.2% over the past year.

Return vs Market: 2409 exceeded the Hong Kong Market which returned -10.1% over the past year.

Price Volatility

Is 2409's price volatile compared to industry and market?
2409 volatility
2409 Average Weekly Movement3.0%
Shipping Industry Average Movement6.4%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.6%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 2409 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2409's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012257Zekai Chenwww.seacon.com

Seacon Shipping Group Holdings Limited, an investment holding company, provides integrated shipping services in the People’s Republic of China. The company offers shipping services through dry bulk carriers, and oil and chemical tankers, as well as provides ship management services. As of December 31, 2022, it had a fleet of 21 vessels with a combined weight carrying capacity of approximately 1.03 million dwt.

Seacon Shipping Group Holdings Limited Fundamentals Summary

How do Seacon Shipping Group Holdings's earnings and revenue compare to its market cap?
2409 fundamental statistics
Market capHK$1.70b
Earnings (TTM)HK$166.06m
Revenue (TTM)HK$2.03b

10.2x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2409 income statement (TTM)
RevenueUS$259.03m
Cost of RevenueUS$218.93m
Gross ProfitUS$40.10m
Other ExpensesUS$18.89m
EarningsUS$21.21m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.042
Gross Margin15.48%
Net Profit Margin8.19%
Debt/Equity Ratio128.3%

How did 2409 perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

42%

Payout Ratio
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