OB:JIN

Stock Analysis Report

Jinhui Shipping and Transportation

Executive Summary

Jinhui Shipping and Transportation Limited, an investment holding company, engages in ship owning and ship chartering activities.

Snowflake

Fundamentals

Moderate growth potential with mediocre balance sheet.

Share Price & News

How has Jinhui Shipping and Transportation's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.3%

JIN

0.4%

NO Shipping

1.6%

NO Market


1 Year Return

-26.5%

JIN

-14.6%

NO Shipping

-4.1%

NO Market

Return vs Industry: JIN underperformed the Norwegian Shipping industry which returned -14.6% over the past year.

Return vs Market: JIN underperformed the Norwegian Market which returned -4.1% over the past year.


Shareholder returns

JINIndustryMarket
7 Day5.3%0.4%1.6%
30 Day7.0%-0.4%-1.8%
90 Day-7.1%-3.4%1.8%
1 Year-24.6%-26.5%-12.4%-14.6%0.9%-4.1%
3 Year74.9%66.3%7.8%0.2%40.1%21.8%
5 Year-48.2%-50.7%-13.7%-24.7%59.6%22.9%

Price Volatility Vs. Market

How volatile is Jinhui Shipping and Transportation's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jinhui Shipping and Transportation undervalued compared to its fair value and its price relative to the market?

22.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate JIN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate JIN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: JIN is poor value based on its PE Ratio (22.9x) compared to the Shipping industry average (10.3x).

PE vs Market: JIN is poor value based on its PE Ratio (22.9x) compared to the Norwegian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: JIN is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: JIN is good value based on its PB Ratio (0.4x) compared to the NO Shipping industry average (0.7x).


Next Steps

Future Growth

How is Jinhui Shipping and Transportation forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

54.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JIN's forecast earnings growth (54.7% per year) is above the savings rate (1.8%).

Earnings vs Market: JIN's earnings (54.7% per year) are forecast to grow faster than the Norwegian market (15.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if JIN's revenue is forecast to grow faster than the Norwegian market.

High Growth Revenue: Insufficient data to determine if JIN's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if JIN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Jinhui Shipping and Transportation performed over the past 5 years?

23.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JIN's earnings have grown significantly by 23.2% per year over the past 5 years.

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

Earnings vs Industry: JIN had negative earnings growth (-58%) over the past year, making it difficult to compare to the Shipping industry average (-28.7%).


Return on Equity

High ROE: JIN's Return on Equity (1.7%) is considered low.


Return on Assets

ROA vs Industry: JIN's Return on Assets is below or equal to the Shipping industry average last year.


Return on Capital Employed

ROCE Improving: JIN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Jinhui Shipping and Transportation's financial position?


Financial Position Analysis

Short Term Liabilities: JIN's short term assets ($130.6M) exceeds its short term liabilities ($76.4M)

Long Term Liabilities: JIN's short term assets (130.6M) exceeds its long term liabilities (61.5M)


Debt to Equity History and Analysis

Debt Level: JIN's debt to equity ratio (47.4%) is considered high

Reducing Debt: JIN's debt to equity ratio has reduced from 49.4% to 47.4% over the past 5 years.

Debt Coverage: JIN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if JIN's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: JIN has a high level of physical assets or inventory.

Debt Coverage by Assets: JIN's debt is covered by short term assets (assets are 1.104370x debt).


Next Steps

Dividend

What is Jinhui Shipping and Transportation's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.6%markettop25%6.3%industryaverage3.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate JIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate JIN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if JIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JIN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: JIN is not paying a notable dividend for the Norwegian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JIN's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

What is the CEO of Jinhui Shipping and Transportation's salary, the management and board of directors tenure and is there insider trading?

19.7yrs

Average board tenure


CEO

Thomas Ng (56yo)

0yrs

Tenure

US$3,414,000

Compensation

Mr. Kam Wah Ng, also known as Thomas, co-founded Jinhui Shipping & Transportation Ltd. in 1987 and has been its an Executive Director since 1994. Mr. Ng has been an Executive Director of Jinhui Holdings Co ...


CEO Compensation Analysis

Compensation vs. Market: Thomas's total compensation ($USD3.41M) is about average for companies of similar size in the Norwegian market ($USD332.13K).

Compensation vs Earnings: Thomas's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Age and Tenure

19.7yrs

Average Tenure

58.5yo

Average Age

Experienced Board: JIN's board of directors are seasoned and experienced ( 19.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$378,34230 Apr 19
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares45,975
Max PriceUS$8.23
BuyUS$262,80029 Apr 19
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares32,946
Max PriceUS$7.98
BuyUS$137,64117 Apr 19
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares17,472
Max PriceUS$7.88
BuyUS$159,98508 Apr 19
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares20,151
Max PriceUS$7.94
BuyUS$118,10704 Apr 19
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares15,000
Max PriceUS$7.87
BuyUS$171,27403 Apr 19
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares21,943
Max PriceUS$7.81
BuyUS$63,63309 Jan 19
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares6,947
Max PriceUS$9.16
BuyUS$91,96604 Jan 19
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares11,757
Max PriceUS$7.82
BuyUS$141,09007 Dec 18
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares16,000
Max PriceUS$8.82
BuyUS$101,85006 Dec 18
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares11,000
Max PriceUS$9.26
BuyUS$216,95305 Dec 18
Siu Fai Ng
EntityIndividual
Role
Chairman of the Board
Co-Founder & Executive Chairman
Shares22,995
Max PriceUS$9.43
BuyUS$65,24104 Dec 18
Fairline Consultants Limited
EntityCompany
Shares6,858
Max PriceUS$9.51

Ownership Breakdown


Management Team

  • Thomas Ng (56yo)

    Co-Founder

    • Tenure: 0yrs
    • Compensation: US$3.41m
  • Frankie Ng (65yo)

    Executive Director

    • Tenure: 25.8yrs
    • Compensation: US$300.00k
  • Siu Fai Ng (62yo)

    Co-Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: US$3.41m
  • Cathy Ho (55yo)

    Company Secretary & Executive Director

    • Tenure: 25.8yrs
    • Compensation: US$254.00k
  • Yee Hong Shum (66yo)

    Head of Management & Operation Department

    • Tenure: 27.8yrs

Board Members

  • Thomas Ng (56yo)

    Co-Founder

    • Tenure: 0yrs
    • Compensation: US$3.41m
  • Frankie Ng (65yo)

    Executive Director

    • Tenure: 25.8yrs
    • Compensation: US$300.00k
  • Frank Tsui (61yo)

    Non-Executive Director

    • Tenure: 13.6yrs
    • Compensation: US$28.00k
  • Siu Fai Ng (62yo)

    Co-Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: US$3.41m
  • Cathy Ho (55yo)

    Company Secretary & Executive Director

    • Tenure: 25.8yrs
    • Compensation: US$254.00k
  • William Yau (51yo)

    Non-Executive Director

    • Tenure: 13.6yrs
    • Compensation: US$23.00k

Company Information

Jinhui Shipping and Transportation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jinhui Shipping and Transportation Limited
  • Ticker: JIN
  • Exchange: OB
  • Founded: 1987
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: kr882.812m
  • Shares outstanding: 109.26m
  • Website: https://www.jinhuiship.com/jst

Number of Employees


Location

  • Jinhui Shipping and Transportation Limited
  • Yardley Commercial Building
  • 26th Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JNST.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 1994
J4ODB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1994
JINOB (Oslo Bors)YesOrdinary SharesNONOKOct 1994
JINOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKOct 1994

Biography

Jinhui Shipping and Transportation Limited, an investment holding company, engages in ship owning and ship chartering activities. It provides ship management and agent services. The company is also involve ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:39
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.