Loading...

Jinhui Shipping and Transportation

OB:JIN
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JIN
OB
NOK872M
Market Cap
  1. Home
  2. NO
  3. Transportation
Company description

Jinhui Shipping and Transportation Limited, an investment holding company, engages in ship owning and ship chartering activities. The last earnings update was 15 days ago. More info.


Add to Portfolio Compare Print
JIN Share Price and Events
7 Day Returns
-0.8%
OB:JIN
0.2%
NO Shipping
0.2%
NO Market
1 Year Returns
-4.8%
OB:JIN
-25.2%
NO Shipping
1%
NO Market
JIN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jinhui Shipping and Transportation (JIN) -0.8% 1.2% -4.9% -4.8% 5.6% -63.6%
NO Shipping 0.2% 0.1% 2% -25.2% -15.1% -37.8%
NO Market 0.2% 1.2% 4.5% 1% 33.7% 27.7%
1 Year Return vs Industry and Market
  • JIN outperformed the Shipping industry which returned -25.2% over the past year.
  • JIN underperformed the Market in Norway which returned 1% over the past year.
Price Volatility
JIN
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Jinhui Shipping and Transportation's competitors could be found in our database.

Value

 Is Jinhui Shipping and Transportation undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Jinhui Shipping and Transportation to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Jinhui Shipping and Transportation.

OB:JIN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year NO Government Bond Rate 1.8%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OB:JIN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NO Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 6%
Shipping Unlevered Beta Simply Wall St/ S&P Global 0.7
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.699 (1 + (1- 21%) (88.62%))
1.127
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.76% + (1.127 * 5.96%)
8.47%

Discounted Cash Flow Calculation for OB:JIN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jinhui Shipping and Transportation is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OB:JIN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.47%)
2019 52.00 Analyst x1 47.94
2020 60.00 Analyst x1 50.99
2021 66.30 Est @ 10.51% 51.95
2022 71.53 Est @ 7.88% 51.66
2023 75.86 Est @ 6.05% 50.51
2024 79.47 Est @ 4.76% 48.78
2025 82.53 Est @ 3.86% 46.70
2026 85.20 Est @ 3.23% 44.45
2027 87.58 Est @ 2.79% 42.12
2028 89.75 Est @ 2.48% 39.79
Present value of next 10 years cash flows $474.88
OB:JIN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $89.75 × (1 + 1.76%) ÷ (8.47% – 1.76%)
$1,360.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,360.23 ÷ (1 + 8.47%)10
$603.04
OB:JIN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $474.88 + $603.04
$1,077.92
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,077.92 / 109.26
$9.87
OB:JIN Discount to Share Price
Calculation Result
Exchange Rate USD/NOK
(Reporting currency to currency of OB:JIN)
8.559
Value per Share
(NOK)
= Value per Share in USD x Exchange Rate (USD/NOK)
= $9.87 x 8.559
NOK84.44
Value per share (NOK) From above. NOK84.44
Current discount Discount to share price of NOK7.90
= -1 x (NOK7.90 - NOK84.44) / NOK84.44
90.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Jinhui Shipping and Transportation is available for.
Intrinsic value
>50%
Share price is NOK7.9 vs Future cash flow value of NOK84.44
Current Discount Checks
For Jinhui Shipping and Transportation to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Jinhui Shipping and Transportation's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Jinhui Shipping and Transportation's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Jinhui Shipping and Transportation's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jinhui Shipping and Transportation's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:JIN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.08
OB:JIN Share Price ** OB (2019-04-23) in NOK NOK7.9
OB:JIN Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.117 $0.92
Norway Shipping Industry PE Ratio Median Figure of 9 Publicly-Listed Shipping Companies 9.27x
Norway Market PE Ratio Median Figure of 130 Publicly-Listed Companies 13.58x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Jinhui Shipping and Transportation.

OB:JIN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:JIN Share Price ÷ EPS (both in USD)

= 0.92 ÷ 0.08

11.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jinhui Shipping and Transportation is overvalued based on earnings compared to the NO Shipping industry average.
  • Jinhui Shipping and Transportation is good value based on earnings compared to the Norway market.
Price based on expected Growth
Does Jinhui Shipping and Transportation's expected growth come at a high price?
Raw Data
OB:JIN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
60.3%per year
Norway Shipping Industry PEG Ratio Median Figure of 7 Publicly-Listed Shipping Companies 0.49x
Norway Market PEG Ratio Median Figure of 100 Publicly-Listed Companies 0.94x

*Line of best fit is calculated by linear regression .

OB:JIN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.57x ÷ 60.3%

0.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jinhui Shipping and Transportation is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Jinhui Shipping and Transportation's assets?
Raw Data
OB:JIN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $2.30
OB:JIN Share Price * OB (2019-04-23) in NOK NOK7.9
OB:JIN Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.117 $0.92
Norway Shipping Industry PB Ratio Median Figure of 14 Publicly-Listed Shipping Companies 0.63x
Norway Market PB Ratio Median Figure of 214 Publicly-Listed Companies 1.21x
OB:JIN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:JIN Share Price ÷ Book Value per Share (both in USD)

= 0.92 ÷ 2.30

0.4x

* Primary Listing of Jinhui Shipping and Transportation.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jinhui Shipping and Transportation is good value based on assets compared to the NO Shipping industry average.
X
Value checks
We assess Jinhui Shipping and Transportation's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Shipping industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Shipping industry average (and greater than 0)? (1 check)
  5. Jinhui Shipping and Transportation has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
60.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jinhui Shipping and Transportation expected to grow at an attractive rate?
  • Jinhui Shipping and Transportation's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • Jinhui Shipping and Transportation's earnings growth is expected to exceed the Norway market average.
  • Jinhui Shipping and Transportation's revenue growth is expected to exceed the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:JIN Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:JIN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 60.3%
OB:JIN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 19.2%
Norway Shipping Industry Earnings Growth Rate Market Cap Weighted Average 42.7%
Norway Shipping Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
Norway Market Earnings Growth Rate Market Cap Weighted Average 13.4%
Norway Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OB:JIN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:JIN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 114 63 46 1
2019-12-31 106 55 38 1
OB:JIN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 76 3 9
2018-09-30 80 6 14
2018-06-30 79 40 10
2018-03-31 76 37 6
2017-12-31 74 40 -4
2017-09-30 68 40 -128
2017-06-30 69 17 -159
2017-03-31 65 22 -179
2016-12-31 60 35 -189
2016-09-30 64 45 -406
2016-06-30 69 53 -410
2016-03-31 74 44 -402

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jinhui Shipping and Transportation's earnings are expected to grow significantly at over 20% yearly.
  • Jinhui Shipping and Transportation's revenue is expected to grow by 19.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OB:JIN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Jinhui Shipping and Transportation Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:JIN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.40 0.40 0.40 1.00
2019-12-31 0.30 0.30 0.30 1.00
OB:JIN Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.08
2018-09-30 0.13
2018-06-30 0.09
2018-03-31 0.06
2017-12-31 -0.04
2017-09-30 -1.45
2017-06-30 -1.89
2017-03-31 -2.12
2016-12-31 -2.25
2016-09-30 -4.83
2016-06-30 -4.88
2016-03-31 -4.78

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Jinhui Shipping and Transportation is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Jinhui Shipping and Transportation's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Norway market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Norway market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Jinhui Shipping and Transportation has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Jinhui Shipping and Transportation's growth in the last year to its industry (Shipping).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Jinhui Shipping and Transportation's year on year earnings growth rate has been positive over the past 5 years.
  • Jinhui Shipping and Transportation has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Jinhui Shipping and Transportation has become profitable in the last year making it difficult to compare the NO Shipping industry average.
Earnings and Revenue History
Jinhui Shipping and Transportation's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Jinhui Shipping and Transportation Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:JIN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 76.11 8.71
2018-09-30 79.50 14.27
2018-06-30 79.35 10.04
2018-03-31 76.22 6.41
2017-12-31 73.55 -4.03
2017-09-30 68.37 -127.95
2017-06-30 69.23 -158.70
2017-03-31 65.30 -178.59
2016-12-31 59.96 -189.09
2016-09-30 63.75 -406.08
2016-06-30 68.92 -409.96
2016-03-31 74.05 -401.91
2015-12-31 86.30 -378.74
2015-09-30 96.73 -108.74
2015-06-30 99.60 -92.09
2015-03-31 117.77 -78.87
2014-12-31 132.25 -86.75
2014-09-30 158.47 -21.20
2014-06-30 184.08 18.90
2014-03-31 200.32 19.38
2013-12-31 217.50 25.40
2013-09-30 216.13 35.15
2013-06-30 223.25 22.59
2013-03-31 229.39 29.57
2012-12-31 234.04 35.58
2012-09-30 242.93 12.97
2012-06-30 254.48 23.52

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Jinhui Shipping and Transportation has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jinhui Shipping and Transportation used its assets less efficiently than the NO Shipping industry average last year based on Return on Assets.
  • Jinhui Shipping and Transportation has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Jinhui Shipping and Transportation's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Shipping industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Jinhui Shipping and Transportation has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Jinhui Shipping and Transportation's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Jinhui Shipping and Transportation's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jinhui Shipping and Transportation is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jinhui Shipping and Transportation's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jinhui Shipping and Transportation's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Jinhui Shipping and Transportation Company Filings, last reported 3 months ago.

OB:JIN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 250.95 90.27 89.11
2018-09-30 254.11 85.28 82.97
2018-06-30 250.33 87.63 59.16
2018-03-31 247.48 88.32 56.07
2017-12-31 245.03 137.91 101.92
2017-09-30 242.54 140.29 100.24
2017-06-30 215.54 144.85 74.35
2017-03-31 216.32 206.45 71.86
2016-12-31 224.29 212.62 74.72
2016-09-30 345.74 264.19 70.71
2016-06-30 374.25 293.53 89.96
2016-03-31 394.93 302.72 97.84
2015-12-31 413.41 317.54 121.20
2015-09-30 751.84 348.86 146.75
2015-06-30 784.23 365.35 186.26
2015-03-31 796.84 387.38 199.37
2014-12-31 792.15 402.50 202.90
2014-09-30 860.58 417.62 215.50
2014-06-30 876.31 432.74 236.62
2014-03-31 875.70 447.85 253.70
2013-12-31 878.90 492.94 209.65
2013-09-30 881.78 509.22 194.29
2013-06-30 857.41 525.64 185.17
2013-03-31 856.33 542.69 191.70
2012-12-31 853.50 562.24 202.79
2012-09-30 846.63 602.88 213.32
2012-06-30 834.82 602.89 223.45
  • Jinhui Shipping and Transportation's level of debt (36%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (56% vs 36% today).
  • Debt is not well covered by operating cash flow (3.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).
X
Financial health checks
We assess Jinhui Shipping and Transportation's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Jinhui Shipping and Transportation has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.98%
Current annual income from Jinhui Shipping and Transportation dividends.
If you bought NOK2,000 of Jinhui Shipping and Transportation shares you are expected to receive NOK100 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Jinhui Shipping and Transportation's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.76%).
  • Jinhui Shipping and Transportation's dividend is below the markets top 25% of dividend payers in Norway (6.17%).
Upcoming dividend payment

Purchase Jinhui Shipping and Transportation before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OB:JIN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Norway Shipping Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.5%
Norway Market Average Dividend Yield Market Cap Weighted Average of 109 Stocks 4.2%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.8%
Norway Bottom 25% Dividend Yield 25th Percentile 2.8%
Norway Top 25% Dividend Yield 75th Percentile 6.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OB:JIN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
OB:JIN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-28 0.046 4.953
2018-11-28 0.046 4.690
2018-08-29 0.046 3.487
2010-05-26 0.000 0.000
2010-03-30 0.000 0.000
2010-02-26 0.000 0.000
2009-11-30 0.000 0.000
2009-08-31 0.000 0.000
2009-05-29 0.000 0.000
2009-04-24 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Jinhui Shipping and Transportation has stable dividend payments.
  • Jinhui Shipping and Transportation only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Jinhui Shipping and Transportation's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Jinhui Shipping and Transportation's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Jinhui Shipping and Transportation afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jinhui Shipping and Transportation has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Thomas Ng
COMPENSATION $1,947,000
AGE 55
CEO Bio

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. Ltd. since 1991 and serves as Managing Director. He served as the Managing Director of Jinhui Shipping Inc., a subsidiary of Jinhui Holdings Co Ltd. since 1994 until April 14, 2016. He served as Director of Chartering at Jinhui Holdings Co. Ltd. He served as a Deputy Chairman at Jinhui Holdings Co. Ltd., until April 14, 2016. He holds a bachelor's degree in arts from the University of Guelph in Canada and a diploma in management studies, specializing in shipping, from the Plymouth Polytechnic in the United Kingdom.

CEO Compensation
  • Thomas's compensation has been consistent with company performance over the past year.
  • Thomas's remuneration is higher than average for companies of similar size in Norway.
Management Team

Siu Fai Ng

TITLE
Co-Founder & Executive Chairman
COMPENSATION
$2M
AGE
61
TENURE
32.3 yrs

Thomas Ng

TITLE
Co-Founder
COMPENSATION
$2M
AGE
55

Cathy Ho

TITLE
Company Secretary & Executive Director
COMPENSATION
$256K
AGE
54

Frankie Ng

TITLE
Executive Director
COMPENSATION
$300K
AGE
64

Yee Hong Shum

TITLE
Head of Management & Operation Department
AGE
65
TENURE
27.3 yrs
Board of Directors Tenure

Average tenure and age of the Jinhui Shipping and Transportation board of directors in years:

19.2
Average Tenure
57.5
Average Age
  • The average tenure for the Jinhui Shipping and Transportation board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Siu Fai Ng

TITLE
Co-Founder & Executive Chairman
COMPENSATION
$2M
AGE
61

Thomas Ng

TITLE
Co-Founder
COMPENSATION
$2M
AGE
55

Cathy Ho

TITLE
Company Secretary & Executive Director
COMPENSATION
$256K
AGE
54
TENURE
25.3 yrs

Frankie Ng

TITLE
Executive Director
COMPENSATION
$300K
AGE
64
TENURE
25.3 yrs

Frank Tsui

TITLE
Non-Executive Director
COMPENSATION
$28K
AGE
60
TENURE
13.1 yrs

William Yau

TITLE
Non-Executive Director
COMPENSATION
$23K
AGE
50
TENURE
13.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Jinhui Shipping and Transportation insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
17. Apr 19 Buy Siu Fai Ng Individual 16. Apr 19 16. Apr 19 17,472 NOK7.88 NOK137,641
08. Apr 19 Buy Siu Fai Ng Individual 05. Apr 19 05. Apr 19 20,151 NOK7.94 NOK159,985
04. Apr 19 Buy Siu Fai Ng Individual 03. Apr 19 03. Apr 19 15,000 NOK7.87 NOK118,107
03. Apr 19 Buy Siu Fai Ng Individual 02. Apr 19 02. Apr 19 21,943 NOK7.81 NOK171,274
09. Jan 19 Buy Siu Fai Ng Individual 08. Jan 19 08. Jan 19 6,947 NOK9.16 NOK63,633
04. Jan 19 Buy Siu Fai Ng Individual 03. Jan 19 03. Jan 19 11,757 NOK7.82 NOK91,966
06. Dec 18 Buy Siu Fai Ng Individual 05. Dec 18 05. Dec 18 11,000 NOK9.26 NOK101,850
07. Dec 18 Buy Siu Fai Ng Individual 06. Dec 18 06. Dec 18 16,000 NOK8.82 NOK141,090
04. Dec 18 Buy Fairline Consultants Limited Company 03. Dec 18 03. Dec 18 6,858 NOK9.51 NOK65,241
05. Dec 18 Buy Siu Fai Ng Individual 04. Dec 18 04. Dec 18 22,995 NOK9.43 NOK216,953
X
Management checks
We assess Jinhui Shipping and Transportation's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Jinhui Shipping and Transportation has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Did Jinhui Shipping and Transportation Limited's (OB:JIN) CEO Take Home Last Year?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Thomas Ng's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Jinhui Shipping and Transportation Limited has a market cap of øre873m, and is paying total annual CEO compensation of US$1.9m.

Simply Wall St -

What You Should Know About Jinhui Shipping and Transportation Limited's (OB:JIN) Financial Strength

While small-cap stocks, such as Jinhui Shipping and Transportation Limited (OB:JIN) with its market cap of øre871m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Investors Who Bought Jinhui Shipping and Transportation (OB:JIN) Shares Five Years Ago Are Now Down 69%

For example the Jinhui Shipping and Transportation Limited (OB:JIN) share price dropped 69% over five years. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … During five years of share price growth, Jinhui Shipping and Transportation moved from a loss to profitability.

Simply Wall St -

Jinhui Shipping and Transportation Limited’s (OB:JIN) Investment Returns Are Lagging Its Industry

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Can We See Significant Insider Ownership On The Jinhui Shipping and Transportation Limited (OB:JIN) Share Register?

If you want to know who really controls Jinhui Shipping and Transportation Limited (OB:JIN), then you'll have to look at the makeup of its share registry. … With a market capitalization of øre836m, Jinhui Shipping and Transportation is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Why Jinhui Shipping and Transportation Limited (OB:JIN) Could Have A Place In Your Portfolio

Today I've chosen to put the spotlight on Jinhui Shipping and Transportation Limited (OB:JIN) due to its excellent fundamentals in more than one area. … Below, I've touched on some key aspects you should know on a high level. … report on Jinhui Shipping and Transportation here

Simply Wall St -

What Investors Should Know About Jinhui Shipping and Transportation Limited's (OB:JIN) Financial Strength

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Does Jinhui Shipping and Transportation Limited (OB:JIN) Have A Place In Your Portfolio?

Historically, Jinhui Shipping and Transportation Limited (OB:JIN) has been paying a dividend to shareholders. … Let's take a look at Jinhui Shipping and Transportation in more detail. … Check out our latest analysis for Jinhui Shipping and Transportation

Simply Wall St -

Does Jinhui Shipping and Transportation Limited (OB:JIN) Have A Particularly Volatile Share Price?

If you're interested in Jinhui Shipping and Transportation Limited (OB:JIN), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Who Owns Most Of Jinhui Shipping and Transportation Limited (OB:JIN)?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Jinhui Shipping and Transportation is not a large company by global standards. … See our latest analysis for Jinhui Shipping and Transportation

Simply Wall St -

Company Info

Description

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 involved in property investment activities. As of December 31, 2017, it owned a fleet of 23 vessels. The company operates in China, Singapore, Japan, Australia, South Korea, Norway, Denmark, and internationally. The company was founded in 1987 and is based in Hamilton, Bermuda. Jinhui Shipping and Transportation Limited is a subsidiary of Jinhui Holdings Company Limited.

Details
Name: Jinhui Shipping and Transportation Limited
JIN
Exchange: OB
Founded: 1987
NOK871,886,365
109,258,943
Website: http://www.jinhuiship.com/jst
Address: Jinhui Shipping and Transportation Limited
Clarendon House,
2 Church Street,
Hamilton,
HM 11,
Bermuda
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB JIN Ordinary Shares Oslo Bors NO NOK 25. Oct 1994
OTCPK JNST.F Ordinary Shares Pink Sheets LLC US USD 25. Oct 1994
DB J4O Ordinary Shares Deutsche Boerse AG DE EUR 25. Oct 1994
LSE 0JOD Ordinary Shares London Stock Exchange GB NOK 25. Oct 1994
BATS-CHIXE JINO Ordinary Shares BATS 'Chi-X Europe' GB NOK 25. Oct 1994
Number of employees
Current staff
Staff numbers
488
Jinhui Shipping and Transportation employees.
Industry
Marine
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 20:43
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/03/25
Last earnings filing: 2019/04/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.