Reported Earnings • Aug 02
First half 2026 earnings released: EPS: US$0.062 (vs US$0.078 in 1H 2025) First half 2026 results: EPS: US$0.062 (down from US$0.078 in 1H 2025). Revenue: US$320.3m (up 12% from 1H 2025). Net income: US$33.3m (down 20% from 1H 2025). Profit margin: 10% (down from 15% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Declared Dividend • Jul 31
First half dividend of S$0.013 announced Shareholders will receive a dividend of S$0.013. Ex-date: 12th August 2026 Payment date: 21st August 2026 Dividend yield will be 8.4%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jul 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin). Board Change • May 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent & Non-Executive Director Karen Tay was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 30
Upcoming dividend of S$0.066 per share Eligible shareholders must have bought the stock before 07 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 7.6%. Within top quartile of Singaporean dividend payers (5.0%). Higher than average of industry peers (5.3%). Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: US$0.14 (vs US$0.13 in FY 2024) Full year 2025 results: EPS: US$0.14 (up from US$0.13 in FY 2024). Revenue: US$605.7m (up 14% from FY 2024). Net income: US$76.7m (up 8.3% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 11
Final dividend of S$0.066 announced Shareholders will receive a dividend of S$0.066. Ex-date: 7th May 2026 Payment date: 20th May 2026 Dividend yield will be 7.0%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 60% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Mar 03
New major risk - Revenue and earnings growth Earnings have declined by 5.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Feb 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to S$1.20, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 7x in the Shipping industry in Singapore. Total returns to shareholders of 133% over the past three years. Declared Dividend • Jul 31
First half dividend of S$0.015 announced Shareholders will receive a dividend of S$0.015. Ex-date: 12th August 2025 Payment date: 21st August 2025 Dividend yield will be 8.0%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 58% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
First half 2025 earnings released: EPS: US$0.078 (vs US$0.039 in 1H 2024) First half 2025 results: EPS: US$0.078 (up from US$0.039 in 1H 2024). Revenue: US$285.5m (up 28% from 1H 2024). Net income: US$41.8m (up 100% from 1H 2024). Profit margin: 15% (up from 9.4% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Jul 10
Samudera Shipping Line Ltd Announces Appointment of Mahmud Tarmizi Amir as Managing Director, Head of Operations, Effective July 14, 2025 Samudera Shipping Line Ltd. announced the appointment of Mahmud Tarmizi Amir as Managing Director, Head of Operations, effective July 14, 2025. Role And Responsibilities: Executive. Responsible for the Group's operational functions, including overseeing fleet operations, container management and operational performance across all business units. Working Experience: October 2022 - Present President Director - PT Perusahaan Pelayaran Nusantara Panurjwan July 2020 - Sept 2022 President Director - PT Prima Nur Panurjwan President Director - PT PBM Tangguh Samudera Jaya President Commissioner - PT Samudera Sarana Terminal Indonesia January 2022 - Sept 2022 President Director - PT Samudera Pelabuhan Indonesia Commissioner - PT Pelabuhan Samudera Palaran July 2013 - July 2020 President Director - PT Samudera Energi Tangguh March 2014 - July 2020 President Director - PT Samudera Amanah Tanker December 2016 - July 2020 President Director - PT Samudera Niaga Tangguh Nov. 2016 - July 2020 President Director - PT Cumawis Indonesia July 2008 - July 2020 Director - PT Samudera Shipping Services Aug. 2008 - March 2018 Managing Director - Foremost Maritime Pte Ltd. Other DirectorShips Past: PT Samudera Energi Tangguh - President Director PT Samudera Amanah Tanker - President Director PT Cumawis Indonesia - President Director PT Samudera Niaga Tangguh - President Director PT Prima Nur Panurjwan - President Director PT PBM Tangguh Samudera Jaya - President Director PT Samudera Pelabuhan Indonesia - President Director PT Samudera Shipping Services - Director PT Samudera Sarana Terminal Indonesia - President Commisioner PT Pelabuhan Samudera Palaran - Commisioner. Other DirectorShips Present: PT Perusahaan Pelayaran Nusantara Panurjwan - President Director. Professional Qualifications: Master of Finance - Universitas Indonesia Bachelor of Accounting - Universitas Trisakti. Upcoming Dividend • Apr 30
Upcoming dividend of S$0.068 per share Eligible shareholders must have bought the stock before 07 May 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 11% and the cash payout ratio is 86%. Trailing yield: 9.2%. Within top quartile of Singaporean dividend payers (6.0%). In line with average of industry peers (8.5%). Reported Earnings • Apr 15
Full year 2024 earnings released: EPS: US$0.13 (vs US$0.19 in FY 2023) Full year 2024 results: EPS: US$0.13 (down from US$0.19 in FY 2023). Revenue: US$532.0m (down 8.7% from FY 2023). Net income: US$70.8m (down 30% from FY 2023). Profit margin: 13% (down from 17% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 12
Final dividend of S$0.068 announced Shareholders will receive a dividend of S$0.068. Ex-date: 7th May 2025 Payment date: 20th May 2025 Dividend yield will be 9.9%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 78% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 10
Samudera Shipping Line Ltd, Annual General Meeting, Apr 29, 2025 Samudera Shipping Line Ltd, Annual General Meeting, Apr 29, 2025, at 10:00 Singapore Standard Time. Location: pan pacific singapore, 7 raffles boulevard, marina square singapore 039595, pacific 3 at level 1, Singapore Reported Earnings • Mar 05
Full year 2024 earnings released Full year 2024 results: Revenue: US$532.0m (down 8.7% from FY 2023). Net income: US$70.8m (down 30% from FY 2023). Profit margin: 13% (down from 17% in FY 2023). The decrease in margin was driven by lower revenue. New Risk • Feb 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin). Reported Earnings • Aug 02
First half 2024 earnings released: EPS: US$0.039 (vs US$0.12 in 1H 2023) First half 2024 results: EPS: US$0.039 (down from US$0.12 in 1H 2023). Revenue: US$223.0m (down 27% from 1H 2023). Net income: US$20.9m (down 69% from 1H 2023). Profit margin: 9.4% (down from 22% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Declared Dividend • Aug 02
First half dividend of S$0.01 announced Shareholders will receive a dividend of S$0.01. Ex-date: 12th August 2024 Payment date: 21st August 2024 Dividend yield will be 12%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is covered by both earnings (15% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 33% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 44% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 30
Samudera Shipping Line Ltd Announces Interim One-Tier Tax Exempt Dividend for the Financial Year Ending 31 December 2024, Payable on 21 August 2024 Samudera Shipping Line Ltd. announced the Share Transfer Books and Register of Members of the Company will be closed on 13 August 2024 at 5.00 p.m. (Record Date) for the purpose of determining shareholders' entitlements to the interim one-tier tax exempt dividend of 1.0 Singapore cents per ordinary share in respect of the financial year ending 31 December 2024. The Interim Dividend will be paid on 21 August 2024. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: US$0.19 (vs US$0.60 in FY 2022) Full year 2023 results: EPS: US$0.19 (down from US$0.60 in FY 2022). Revenue: US$582.9m (down 41% from FY 2022). Net income: US$101.2m (down 69% from FY 2022). Profit margin: 17% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year and the company’s share price has also increased by 41% per year. Declared Dividend • Apr 14
Final dividend of S$0.09 announced Shareholders will receive a dividend of S$0.09. Ex-date: 7th May 2024 Payment date: 15th May 2024 Dividend yield will be 13%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 33% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 65% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 12
Samudera Shipping Line Ltd, Annual General Meeting, Apr 29, 2024 Samudera Shipping Line Ltd, Annual General Meeting, Apr 29, 2024, at 10:00 Singapore Standard Time. Location: Marina Bay Sands, Level 4 Roselle Junior Ballroom 4611, 10 Bayfront Avenue Singapore Singapore Agenda: To receive and adopt the Directors' Statement and the Audited Financial Statements of the Company for the financial year ended 31 December 2023 together with the Auditors' Report thereon; to declare a special one-tier tax exempt dividend of 8.0 Singapore cents per ordinary share for the financial year ended 31 December 2023; to declare a final one-tier tax exempt dividend of 1.0 Singapore cents per ordinary share for the financial year ended 31 December 2023; to approve the payment of Directors' fees of S$492,800 for the financial year ending 31 December 2024 to be paid quarterly in arrears; to re-appoint Messrs Ernst & Young LLP as the Auditors of the Company and to authorise the Directors of the Company to fix their remuneration; and to transact any other ordinary business which may properly be transacted at an Annual General Meeting. Reported Earnings • Feb 28
Full year 2023 earnings released Full year 2023 results: Revenue: US$582.9m (down 41% from FY 2022). Net income: US$101.2m (down 69% from FY 2022). Profit margin: 17% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue. New Risk • Feb 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Board Change • Dec 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Chee Wah Low was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 21
Samudera Shipping Line Ltd Appoints Kadek Didik Wijaya as Managing Director, Head of People and Technology Samudera Shipping Line Ltd. appointed Kadek Didik Wijaya as Managing Director, Head of People and Technology. Role And Responsibilities: Responsible for the Group's human capital and information technology. Working Experience: Samudera Shipping Line Ltd. 2001 - 2020 Held various positions from management trainee, system development to finance. Last position held in 2020 was Assistant General Manager for Finance. 2020 - 2022 Head of Internal Audit July 2022 - November 2022 General Manager of IT and Business Process December 2022 - Current Executive Vice President - People and Technology PT Samudera Indonesia Tbk August 2020 - June 2022 Head of Internal Audit Division January 2023 - Current Head of Corporate IT Division PT Samudera Indonesia Tangguh August 2020 - June 2022 Head of Internal Audit Division January 2023 - Current Head of Corporate IT Division PT Praweda Sarana Informatika January 2023 - Current President Director. Other DirectorShips Past: Samudera Property Limited Ocean Shipping Pte Ltd. Other DirectorShips Present: Ocean Technologies Pte Ltd. PT Praweda Sarana Informatika. Professional Qualifications: Master of Business Administration - Murdoch University Bachelor of Economics - Universitas Indonesia. Announcement • Oct 31
Samudera Shipping Line Ltd Provides Financial Guidance for the Third Quarter of 2023 Samudera Shipping Line Ltd. provided financial guidance for the third quarter of 2023. For the period, the Group recorded a contraction in revenue and earnings for Third Quarter of 2023 as compared to Third Quarter of 2022. Upcoming Dividend • Aug 03
Upcoming dividend of S$0.02 per share at 34% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 34%. Within top quartile of Singaporean dividend payers (6.2%). Higher than average of industry peers (21%). Announcement • Aug 01
Samudera Shipping Line Ltd Appoints Low Chee Wah as Independent and Non-Executive Director with Effect from 1 August 2023 The Board of Directors of Samudera Shipping Line Ltd. announced the appointment of Mr. Low Chee Wah as an Independent and Non-Executive Director of the Company with effect from 1 August 2023. Working Experience: October 2019 to present: Chief Executive Officer, Frasers Property Retail 2017 to October 2019: Head of Retail and Commercial, Frasers Property Singapore 2013 to 2016: Chief Executive Officer, Frasers Commercial Asset Management Ltd, manager of Frasers Commercial Trust. Director Experience Details: Mr. Low is a non-executive and non-independent director of Frasers Centrepoint Asset Management Ltd, the manager of Frasers Centrepoint Trust. Mr. Low was previously the CEO and Executive Director of Frasers Commercial Asset Management Ltd, the manager of Frasers Commercial Trust. Professional Qualifications: Bachelor of Economics -- Monash University Bachelor of Laws -- Monash University Fellow of CPA Australia Fellow of Institute of Singapore Chartered Accountants. Following the above appointment, the composition of the Board of the Company will be as, follows:, Masli Mulia Chairman, Non-Independent and Non-Executive, Director, Bani Maulana Mulia Executive Director and Group Chief Executive Officer, Ridwan Hamid Executive Director, Group Business Support, Tan Meng Toon Executive Director, Group Business Operation, Quah Ban Huat Lead Independent and Non-Executive Director, Nicholas Peter Ballas Independent and Non-Executive Director, Ng Chee Keong Independent and Non-Executive Director, Lee Lay Eng Juliana Independent and Non-Executive Director, and Low Chee Wah Independent and Non-Executive Director. Reported Earnings • Jul 29
First half 2023 earnings released: EPS: US$0.12 (vs US$0.32 in 1H 2022) First half 2023 results: EPS: US$0.12 (down from US$0.32 in 1H 2022). Revenue: US$305.9m (down 36% from 1H 2022). Net income: US$66.7m (down 61% from 1H 2022). Profit margin: 22% (down from 36% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 80% per year and the company’s share price has also increased by 80% per year. Announcement • Jul 29
Samudera Shipping Line Ltd to Report First Half, 2023 Results on Jul 27, 2023 Samudera Shipping Line Ltd announced that they will report first half, 2023 results on Jul 27, 2023 Announcement • Jul 28
Samudera Shipping Line Ltd Announces Interim One-Tier Tax Exempt Dividend for the Financial Year Ending 31 December 2023, Payable on 18 August 2023 Samudera Shipping Line Ltd. announced that the Share Transfer Books and Register of Members of the Company will be closed on, 11 August 2023 at 5.00 p.m. ("Record Date") for the purpose of determining shareholders' entitlements to the interim one-tier tax exempt dividend of 2.0 Singapore cents per ordinary share in respect of the financial year ending 31 December 2023 ("Interim Dividend"). The Interim Dividend will be paid on, 18 August 2023. Upcoming Dividend • May 02
Upcoming dividend of S$0.25 per share at 24% yield Eligible shareholders must have bought the stock before 09 May 2023. Payment date: 18 May 2023. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 24%. Within top quartile of Singaporean dividend payers (6.4%). In line with average of industry peers (23%). Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: US$0.60 (vs US$0.24 in FY 2021) Full year 2022 results: EPS: US$0.60 (up from US$0.24 in FY 2021). Revenue: US$990.6m (up 88% from FY 2021). Net income: US$322.0m (up 151% from FY 2021). Profit margin: 33% (up from 24% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 28
Full year 2022 earnings released Full year 2022 results: Revenue: US$990.6m (up 88% from FY 2021). Net income: US$322.0m (up 151% from FY 2021). Profit margin: 33% (up from 24% in FY 2021). The increase in margin was driven by higher revenue. Recent Insider Transactions • Sep 21
CEO & Executive Director recently bought S$50k worth of stock On the 19th of September, Bani Mulia bought around 53k shares on-market at roughly S$0.94 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Bani has been a buyer over the last 12 months, purchasing a net total of S$204k worth in shares. Upcoming Dividend • Aug 03
Upcoming dividend of S$0.07 per share Eligible shareholders must have bought the stock before 10 August 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 21%. Within top quartile of Singaporean dividend payers (6.0%). Higher than average of industry peers (12%). Announcement • Jul 28
Samudera Shipping Line Ltd Announces an Interim Dividend for the Financial Year Ending 31 December 2022, Payable on August 18, 2022 Samudera Shipping Line Ltd. announced that the share transfer books and register of members of the company will be closed on 11 August 2022 at 5.00 p.m. (Record Date) for the purpose of determining shareholders' entitlements to the interim one-tier tax exempt dividend of 7.0 Singapore cents per ordinary share in respect of the financial year ending 31 December 2022 (Interim Dividend). The Interim Dividend will be paid on 18 August 2022. Reported Earnings • Jul 28
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$36.7m from profit in 1H 2021). Profit margin: (down from 18% in 1H 2021). The decrease in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 28% share price gain to S$1.08, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 7x in the Shipping industry in Asia. Total returns to shareholders of 760% over the past three years. Upcoming Dividend • May 03
Upcoming dividend of S$0.14 per share Eligible shareholders must have bought the stock before 10 May 2022. Payment date: 20 May 2022. Payout ratio is a comfortable 3.9% and this is well supported by cash flows. Trailing yield: 14%. Within top quartile of Singaporean dividend payers (5.8%). Higher than average of industry peers (11%). Announcement • Apr 07
Samudera Shipping Line Ltd (SGX:S56) agreed to acquire a 50% stake in PT GAC Samudera Logistics from Gulf Agency Company (Holdings) B.V. for $9.5 million. Samudera Shipping Line Ltd (SGX:S56) agreed to acquire a 50% stake in PT GAC Samudera Logistics from Gulf Agency Company (Holdings) B.V. for $9.5 million on March 28, 2022. The consideration will be funded from internal sources. For the year ended December 31, 2022, PT GAC reported net profits of approximately $0.14 million. Reported Earnings • Apr 07
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: US$0.24 (up from US$0.013 in FY 2020). Revenue: US$527.0m (up 52% from FY 2020). Net income: US$128.6m (up US$121.3m from FY 2020). Profit margin: 24% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 174%. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 82% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 20% share price gain to S$1.04, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 9x in the Shipping industry in Asia. Total returns to shareholders of 587% over the past three years. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: US$527.0m (up 52% from FY 2020). Net income: US$128.6m (up US$121.3m from FY 2020). Profit margin: 24% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.6%. Upcoming Dividend • May 03
Upcoming dividend of S$0.011 per share Eligible shareholders must have bought the stock before 10 May 2021. Payment date: 20 May 2021. Trailing yield: 2.4%. Lower than top quartile of Singaporean dividend payers (4.6%). Lower than average of industry peers (3.4%). Reported Earnings • Apr 18
Full year 2020 earnings released: EPS US$0.013 (vs US$0.007 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$347.9m (down 6.9% from FY 2019). Net income: US$7.23m (up 85% from FY 2019). Profit margin: 2.1% (up from 1.0% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Feb 26
Samudera Shipping Line Ltd to Report Fiscal Year 2020 Results on Feb 24, 2021 Samudera Shipping Line Ltd announced that they will report fiscal year 2020 results on Feb 24, 2021 Reported Earnings • Feb 26
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$347.9m (down 6.9% from FY 2019). Net income: US$7.23m (up 85% from FY 2019). Profit margin: 2.1% (up from 1.0% in FY 2019). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Feb 17
New 90-day high: S$0.28 The company is up 30% from its price of S$0.21 on 19 November 2020. The Singaporean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 28% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: S$0.27 The company is up 60% from its price of S$0.17 on 15 October 2020. The Singaporean market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 31% over the same period. Is New 90 Day High Low • Dec 14
New 90-day high: S$0.24 The company is up 52% from its price of S$0.16 on 07 September 2020. The Singaporean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 26% over the same period. Announcement • Dec 02
Samudera Shipping Line Ltd Announces Executive Changes Samudera Shipping Line Ltd. announced the resignation of Ms. Tan Lay Hong as Secretary of the Company and in her place, the appointment of Mr. Leong Chang Hong as Secretary of the Company with immediate effect. Is New 90 Day High Low • Nov 19
New 90-day high: S$0.21 The company is up 50% from its price of S$0.14 on 21 August 2020. The Singaporean market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 3.0% over the same period. Announcement • Oct 31
Samudera Shipping Line Ltd Announces Resignation of Hermawan Fridiana Herman as Executive Director, Finance of the Company with Effect from October 31, 2020 Samudera Shipping Line Ltd. announced resignation of Hermawan Fridiana Herman as Executive Director, Finance of the Company with effect from October 31, 2020.