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 Analysis

Fair value 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

Stable Share Price: JIN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

22.8%

JIN

2.2%

NO Shipping

6.5%

NO Market


1 Year Return

-44.8%

JIN

-32.9%

NO Shipping

-24.1%

NO Market

Return vs Industry: JIN underperformed the Norwegian Shipping industry which returned -32.9% over the past year.

Return vs Market: JIN underperformed the Norwegian Market which returned -24.1% over the past year.


Shareholder returns

JINIndustryMarket
7 Day22.8%2.2%6.5%
30 Day15.7%-16.5%-9.9%
90 Day-20.9%-33.1%-23.5%
1 Year-43.3%-44.8%-30.6%-32.9%-20.2%-24.1%
3 Year-60.1%-62.1%-44.7%-48.9%3.5%-9.3%
5 Year-65.0%-66.8%-43.0%-50.1%16.3%-9.8%

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?

10.2x

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 good value based on its PE Ratio (10.2x) compared to the Shipping industry average (15x).

PE vs Market: JIN is good value based on its PE Ratio (10.2x) compared to the Norwegian market (10.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JIN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JIN is good value based on its PB Ratio (0.2x) compared to the NO Shipping industry average (0.6x).


Next Steps

Future Growth

How is Jinhui Shipping and Transportation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.3%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jinhui Shipping and Transportation has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

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

44.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JIN has a high level of non-cash earnings.

Growing Profit Margin: JIN's current net profit margins (7.1%) are lower than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: JIN has become profitable over the past 5 years, growing earnings by 44.4% per year.

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 (-48.4%) over the past year, making it difficult to compare to the Shipping industry average (-40.9%).


Return on Equity

High ROE: JIN's Return on Equity (1.8%) is considered low.


Next Steps

Financial Health

How is Jinhui Shipping and Transportation's financial position?


Financial Position Analysis

Short Term Liabilities: JIN's short term assets ($123.3M) exceed its short term liabilities ($88.9M).

Long Term Liabilities: JIN's short term assets ($123.3M) exceed its long term liabilities ($64.9M).


Debt to Equity History and Analysis

Debt Level: JIN's debt to equity ratio (53%) is considered high.

Reducing Debt: JIN's debt to equity ratio has increased from 50.8% to 53% over the past 5 years.

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

Interest Coverage: JIN earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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.


Stability and Growth of Payments

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

How experienced are the management team and are they aligned to shareholders interests?

28.3yrs

Average management tenure


CEO

Thomas Ng (56yo)

no data

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 ($USD3.41M) is above average for companies of similar size in the Norwegian market ($USD380.99K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Siu Fai Ng
Co-Founder & Executive Chairmanno dataUS$3.41m4.77% $23.1m
Kam Wah Ng
Co-Founderno dataUS$3.41m1.03% $5.0m
Suk Lin Ho
Company Secretary & Executive Director26.25yrsUS$254.00kno data
Ki Hung Ng
Executive Director26.25yrsUS$300.00kno data
Yee Hong Shum
Head of Management & Operation Department28.25yrsno datano data
Wei Man Ching
Vice President16.25yrsno datano data

28.3yrs

Average Tenure

59yo

Average Age

Experienced Management: JIN's management team is seasoned and experienced (28.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Siu Fai Ng
Co-Founder & Executive Chairmanno dataUS$3.41m4.77% $23.1m
Kam Wah Ng
Co-Founderno dataUS$3.41m1.03% $5.0m
Suk Lin Ho
Company Secretary & Executive Director26.25yrsUS$254.00kno data
Ki Hung Ng
Executive Director26.25yrsUS$300.00kno data
Che Yin Tsui
Non-Executive Director14.08yrsUS$28.00kno data
William Yau
Non-Executive Director14.08yrsUS$23.00kno data

20.2yrs

Average Tenure

58.5yo

Average Age

Experienced Board: JIN's board of directors are seasoned and experienced ( 20.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: JIN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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: kr482.925m
  • 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
0JODLSE (London Stock Exchange)YesOrdinary SharesGBNOKOct 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 involved in property investment activities. As of December 31, 2018, it owned a fleet of 19 vessels. The company operates in China, Singapore, Japan, Germany, Australia, South Korea, Norway, Denmark, and internationally. The company was founded in 1987 and is based in Hong Kong, Hong Kong. Jinhui Shipping and Transportation Limited is a subsidiary of Jinhui Holdings Company Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/06 21:08
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.