2343 Stock Overview
An investment holding company, engages in the provision of dry bulk shipping services worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Pacific Basin Shipping Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.64 |
| 52 Week High | HK$3.01 |
| 52 Week Low | HK$1.55 |
| Beta | 1.5 |
| 1 Month Change | -11.35% |
| 3 Month Change | -35.94% |
| 1 Year Change | -37.88% |
| 3 Year Change | -45.33% |
| 5 Year Change | 0.61% |
| Change since IPO | -6.82% |
Recent News & Updates
Recent updates
Shareholder Returns
| 2343 | HK Shipping | HK Market | |
|---|---|---|---|
| 7D | -4.7% | 6.0% | 1.1% |
| 1Y | -37.9% | 44.1% | 17.6% |
Return vs Industry: 2343 underperformed the Hong Kong Shipping industry which returned 44.1% over the past year.
Return vs Market: 2343 underperformed the Hong Kong Market which returned 17.6% over the past year.
Price Volatility
| 2343 volatility | |
|---|---|
| 2343 Average Weekly Movement | 6.1% |
| Shipping Industry Average Movement | 6.4% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in HK Market | 17.8% |
| 10% least volatile stocks in HK Market | 3.9% |
Stable Share Price: 2343 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2343's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 4,892 | Martin Fruergaard | www.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
| 2343 fundamental statistics | |
|---|---|
| Market cap | HK$8.35b |
| Earnings (TTM) | HK$634.28m |
| Revenue (TTM) | HK$18.87b |
13.2x
P/E Ratio0.4x
P/S RatioIs 2343 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2343 income statement (TTM) | |
|---|---|
| Revenue | US$2.43b |
| Cost of Revenue | US$2.32b |
| Gross Profit | US$110.47m |
| Other Expenses | US$28.79m |
| Earnings | US$81.67m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.016 |
| Gross Margin | 4.55% |
| Net Profit Margin | 3.36% |
| Debt/Equity Ratio | 16.2% |
How did 2343 perform over the long term?
See historical performance and comparisonDividends
5.9%
Current Dividend Yield45%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 00:19 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Chun Lam | BOCI Research Ltd. |
| Nathan Gee | BofA Global Research |