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2605

Sincere Navigation TWSE:2605 Stock Report

Last Price

NT$19.10

Market Cap

NT$11.1b

7D

-5.4%

1Y

-38.6%

Updated

08 Dec, 2022

Data

Company Financials +
2605 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends2/6

2605 Stock Overview

Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan.

Sincere Navigation Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sincere Navigation
Historical stock prices
Current Share PriceNT$19.10
52 Week HighNT$33.30
52 Week LowNT$17.25
Beta1.09
1 Month Change2.14%
3 Month Change-5.21%
1 Year Change-38.59%
3 Year Change15.76%
5 Year Change-10.58%
Change since IPO-44.40%

Recent News & Updates

Recent updates

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-5.4%-7.3%-1.5%
1Y-38.6%-54.2%-18.2%

Return vs Industry: 2605 exceeded the TW Shipping industry which returned -54.2% over the past year.

Return vs Market: 2605 underperformed the TW Market which returned -18.2% over the past year.

Price Volatility

Is 2605's price volatile compared to industry and market?
2605 volatility
2605 Average Weekly Movement6.2%
Shipping Industry Average Movement6.9%
Market Average Movement4.9%
10% most volatile stocks in TW Market8.2%
10% least volatile stocks in TW Market2.3%

Stable Share Price: 2605 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 2605's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960n/aJack Hsuhttps://www.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. As of December 31, 2019, the company had a fleet of 17 vessels, including 3 very large crude carrier tankers and 14 dry bulk vessels of various tonnages.

Sincere Navigation Corporation Fundamentals Summary

How do Sincere Navigation's earnings and revenue compare to its market cap?
2605 fundamental statistics
Market CapNT$11.06b
Earnings (TTM)NT$224.36m
Revenue (TTM)NT$4.33b

49.8x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2605 income statement (TTM)
RevenueNT$4.33b
Cost of RevenueNT$3.40b
Gross ProfitNT$923.00m
Other ExpensesNT$698.64m
EarningsNT$224.36m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin21.33%
Net Profit Margin5.18%
Debt/Equity Ratio21.6%

How did 2605 perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

261%

Payout Ratio