How does 2510's PE Ratio compare to its peers?

2510 is expensive based on its Price-To-Earnings Ratio (39.1x) compared to the peer average (11.1x).

How does 2510's PE Ratio compare vs other companies in the Asian Shipping Industry?

2510 is expensive based on its Price-To-Earnings Ratio (39.1x) compared to the Asian Shipping industry average (10x).

What is 2510's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 2510's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 2510 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2510 (HK$3.82) is trading below our estimate of [[fair value]] (HK$365.82)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

T.S. Lines (SEHK:2510) - Stock Price, News & Analysis

2510 Stock Overview

An investment holding company, provides container shipping and related services in the Asia Pacific. More details

2510 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 99% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Revenue has declined by 64.2% over the past year

High level of non-cash earnings

Profit margins (2.4%) are lower than last year (44%)

T.S. Lines Limited Competitors

Pacific Basin Shipping

SEHK:2343

HK$10.2b

Seacon Shipping Group Holdings

SEHK:2409

HK$2.0b

Xin Yuan Enterprises Group

SEHK:1748

HK$1.6b

Chu Kong Shipping Enterprises (Group)

SEHK:560

HK$829.7m

Price History & Performance

Summary of all time highs, changes and price drops for T.S. Lines
Historical stock prices
Current Share Price	HK$3.82
52 Week High	HK$4.80
52 Week Low	HK$3.80
Beta	0
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-6.83%

Recent updates

Shareholder Returns

	2510	HK Shipping	HK Market
7D	-6.6%	-1.9%	-0.6%
1Y	n/a	44.5%	9.6%

Return vs Industry: Insufficient data to determine how 2510 performed against the Hong Kong Shipping industry.

Return vs Market: Insufficient data to determine how 2510 performed against the Hong Kong Market.

Price Volatility

Is 2510's price volatile compared to industry and market?
2510 volatility
2510 Average Weekly Movement	n/a
Shipping Industry Average Movement	6.4%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.0%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 2510's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 2510's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2001	n/a	Teh-Sheng Chen	www.tslines.com

T.S. Lines Limited, an investment holding company, provides container shipping and related services in the Asia Pacific. It offers vessel chartering and shipping agency services. The company operates a fleet of vessels comprising owned vessels and chartered-in vessels.

T.S. Lines Limited Fundamentals Summary

How do T.S. Lines's earnings and revenue compare to its market cap?
2510 fundamental statistics
Market cap	HK$6.31b
Earnings (TTM)	HK$161.20m
Revenue (TTM)	HK$6.81b

39.1x

P/E Ratio

0.9x

P/S Ratio

Is 2510 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2510 income statement (TTM)
Revenue	US$874.60m
Cost of Revenue	US$908.39m
Gross Profit	-US$33.79m
Other Expenses	-US$54.50m
Earnings	US$20.71m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.013
Gross Margin	-3.86%
Net Profit Margin	2.37%
Debt/Equity Ratio	0%

How did 2510 perform over the long term?

See historical performance and comparison

T.S. Lines SEHK:2510 Stock Report