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Sincere Navigation TWSE:2605 Stock Report

Last Price

NT$24.35

Market Cap

NT$14.3b

7D

-1.0%

1Y

7.5%

Updated

07 Feb, 2025

Data

Company Financials +

Sincere Navigation Corporation

TWSE:2605 Stock Report

Market Cap: NT$14.3b

My Notes

Capture your thoughts, links and company narrative

Sincere Navigation Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sincere Navigation
Historical stock prices
Current Share PriceNT$24.35
52 Week HighNT$34.80
52 Week LowNT$22.55
Beta1.03
1 Month Change-3.75%
3 Month Change-9.31%
1 Year Change7.51%
3 Year Change-9.81%
5 Year Change76.45%
Change since IPO-29.12%

Recent News & Updates

These 4 Measures Indicate That Sincere Navigation (TWSE:2605) Is Using Debt Safely

Sep 29
These 4 Measures Indicate That Sincere Navigation (TWSE:2605) Is Using Debt Safely

Recent updates

These 4 Measures Indicate That Sincere Navigation (TWSE:2605) Is Using Debt Safely

Sep 29
These 4 Measures Indicate That Sincere Navigation (TWSE:2605) Is Using Debt Safely

Is Sincere Navigation Corporation (TWSE:2605) Potentially Undervalued?

Jul 12
Is Sincere Navigation Corporation (TWSE:2605) Potentially Undervalued?

Sincere Navigation's (TWSE:2605) Dividend Will Be Increased To NT$0.75

Jun 14
Sincere Navigation's (TWSE:2605) Dividend Will Be Increased To NT$0.75

Sincere Navigation Corporation's (TWSE:2605) 26% Jump Shows Its Popularity With Investors

May 31
Sincere Navigation Corporation's (TWSE:2605) 26% Jump Shows Its Popularity With Investors

Sincere Navigation (TWSE:2605) Has A Rock Solid Balance Sheet

May 30
Sincere Navigation (TWSE:2605) Has A Rock Solid Balance Sheet

Sincere Navigation's (TWSE:2605) Solid Profits Have Weak Fundamentals

Mar 21
Sincere Navigation's (TWSE:2605) Solid Profits Have Weak Fundamentals

We Think Sincere Navigation's (TPE:2605) Healthy Earnings Might Be Conservative

Mar 30
We Think Sincere Navigation's (TPE:2605) Healthy Earnings Might Be Conservative

Sincere Navigation (TPE:2605) Seems To Use Debt Rather Sparingly

Mar 13
Sincere Navigation (TPE:2605) Seems To Use Debt Rather Sparingly

Does Sincere Navigation's (TPE:2605) Returns On Capital Reflect Well On The Business?

Feb 15
Does Sincere Navigation's (TPE:2605) Returns On Capital Reflect Well On The Business?

Did Sincere Navigation's (TPE:2605) Share Price Deserve to Gain 22%?

Jan 19
Did Sincere Navigation's (TPE:2605) Share Price Deserve to Gain 22%?

Key Things To Consider Before Buying Sincere Navigation Corporation (TPE:2605) For Its Dividend

Dec 24
Key Things To Consider Before Buying Sincere Navigation Corporation (TPE:2605) For Its Dividend

These 4 Measures Indicate That Sincere Navigation (TPE:2605) Is Using Debt Safely

Nov 28
These 4 Measures Indicate That Sincere Navigation (TPE:2605) Is Using Debt Safely

Shareholder Returns

2605TW ShippingTW Market
7D-1.0%-0.6%-0.7%
1Y7.5%35.9%26.3%

Return vs Industry: 2605 underperformed the TW Shipping industry which returned 35.9% over the past year.

Return vs Market: 2605 underperformed the TW Market which returned 26.3% over the past year.

Price Volatility

Is 2605's price volatile compared to industry and market?
2605 volatility
2605 Average Weekly Movement3.6%
Shipping Industry Average Movement3.5%
Market Average Movement4.5%
10% most volatile stocks in TW Market8.0%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2605 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2605's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960n/aJack Hsuwww.snc.com.tw

Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. Sincere Navigation Corporation serves coal and iron ore miner, steel, energy, and paper industries.

Sincere Navigation Corporation Fundamentals Summary

How do Sincere Navigation's earnings and revenue compare to its market cap?
2605 fundamental statistics
Market capNT$14.28b
Earnings (TTM)NT$1.05b
Revenue (TTM)NT$4.67b

13.6x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2605 income statement (TTM)
RevenueNT$4.67b
Cost of RevenueNT$3.40b
Gross ProfitNT$1.27b
Other ExpensesNT$222.03m
EarningsNT$1.05b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.79
Gross Margin27.23%
Net Profit Margin22.48%
Debt/Equity Ratio21.0%

How did 2605 perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

42%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 08:41
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sincere Navigation Corporation is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yayue HsuehCapital Securities Corporation
Philip ChowCLSA
HungBIn TohCredit Suisse