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U-Ming Marine Transport TWSE:2606 Stock Report

Last Price

NT$56.10

Market Cap

NT$47.4b

7D

-3.1%

1Y

8.7%

Updated

17 Dec, 2024

Data

Company Financials +

U-Ming Marine Transport Corporation

TWSE:2606 Stock Report

Market Cap: NT$47.4b

My Notes

Capture your thoughts, links and company narrative

U-Ming Marine Transport Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for U-Ming Marine Transport
Historical stock prices
Current Share PriceNT$56.10
52 Week HighNT$65.50
52 Week LowNT$46.85
Beta0.88
1 Month Change-7.27%
3 Month Change8.51%
1 Year Change8.72%
3 Year Change-11.93%
5 Year Change68.98%
Change since IPO133.54%

Recent News & Updates

Investors Will Want U-Ming Marine Transport's (TWSE:2606) Growth In ROCE To Persist

Dec 16
Investors Will Want U-Ming Marine Transport's (TWSE:2606) Growth In ROCE To Persist

U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

Nov 20
U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

U-Ming Marine Transport Corporation's (TWSE:2606) Price Is Right But Growth Is Lacking

Sep 25
U-Ming Marine Transport Corporation's (TWSE:2606) Price Is Right But Growth Is Lacking

Recent updates

Investors Will Want U-Ming Marine Transport's (TWSE:2606) Growth In ROCE To Persist

Dec 16
Investors Will Want U-Ming Marine Transport's (TWSE:2606) Growth In ROCE To Persist

U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

Nov 20
U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

U-Ming Marine Transport Corporation's (TWSE:2606) Price Is Right But Growth Is Lacking

Sep 25
U-Ming Marine Transport Corporation's (TWSE:2606) Price Is Right But Growth Is Lacking

U-Ming Marine Transport (TWSE:2606) Has A Somewhat Strained Balance Sheet

Sep 05
U-Ming Marine Transport (TWSE:2606) Has A Somewhat Strained Balance Sheet

Is U-Ming Marine Transport Corporation (TWSE:2606) Potentially Undervalued?

Jul 12
Is U-Ming Marine Transport Corporation (TWSE:2606) Potentially Undervalued?

Calculating The Fair Value Of U-Ming Marine Transport Corporation (TWSE:2606)

Jun 05
Calculating The Fair Value Of U-Ming Marine Transport Corporation (TWSE:2606)

Why U-Ming Marine Transport's (TWSE:2606) Shaky Earnings Are Just The Beginning Of Its Problems

May 21
Why U-Ming Marine Transport's (TWSE:2606) Shaky Earnings Are Just The Beginning Of Its Problems

Is U-Ming Marine Transport (TWSE:2606) A Risky Investment?

May 07
Is U-Ming Marine Transport (TWSE:2606) A Risky Investment?

Investors Aren't Entirely Convinced By U-Ming Marine Transport Corporation's (TWSE:2606) Earnings

Apr 11
Investors Aren't Entirely Convinced By U-Ming Marine Transport Corporation's (TWSE:2606) Earnings

What Is U-Ming Marine Transport Corporation's (TWSE:2606) Share Price Doing?

Mar 26
What Is U-Ming Marine Transport Corporation's (TWSE:2606) Share Price Doing?

Investors Will Want U-Ming Marine Transport's (TPE:2606) Growth In ROCE To Persist

Apr 27
Investors Will Want U-Ming Marine Transport's (TPE:2606) Growth In ROCE To Persist

Looking For Steady Income For Your Dividend Portfolio? Is U-Ming Marine Transport Corporation (TPE:2606) A Good Fit?

Apr 12
Looking For Steady Income For Your Dividend Portfolio? Is U-Ming Marine Transport Corporation (TPE:2606) A Good Fit?

Could The U-Ming Marine Transport Corporation (TPE:2606) Ownership Structure Tell Us Something Useful?

Mar 13
Could The U-Ming Marine Transport Corporation (TPE:2606) Ownership Structure Tell Us Something Useful?

U-Ming Marine Transport (TPE:2606) Has A Somewhat Strained Balance Sheet

Feb 26
U-Ming Marine Transport (TPE:2606) Has A Somewhat Strained Balance Sheet

U-Ming Marine Transport (TPE:2606) Has Compensated Shareholders With A Respectable 57% Return On Their Investment

Feb 11
U-Ming Marine Transport (TPE:2606) Has Compensated Shareholders With A Respectable 57% Return On Their Investment

Does This Valuation Of U-Ming Marine Transport Corporation (TPE:2606) Imply Investors Are Overpaying?

Jan 29
Does This Valuation Of U-Ming Marine Transport Corporation (TPE:2606) Imply Investors Are Overpaying?

Here’s What’s Happening With Returns At U-Ming Marine Transport (TPE:2606)

Jan 17
Here’s What’s Happening With Returns At U-Ming Marine Transport (TPE:2606)

Tread With Caution Around U-Ming Marine Transport Corporation's (TPE:2606) 5.2% Dividend Yield

Jan 04
Tread With Caution Around U-Ming Marine Transport Corporation's (TPE:2606) 5.2% Dividend Yield

Did U-Ming Marine Transport Corporation (TPE:2606) Use Debt To Deliver Its ROE Of 4.8%?

Dec 22
Did U-Ming Marine Transport Corporation (TPE:2606) Use Debt To Deliver Its ROE Of 4.8%?

We Wouldn't Rely On U-Ming Marine Transport's (TPE:2606) Statutory Earnings As A Guide

Dec 09
We Wouldn't Rely On U-Ming Marine Transport's (TPE:2606) Statutory Earnings As A Guide

Does U-Ming Marine Transport (TPE:2606) Have A Healthy Balance Sheet?

Nov 26
Does U-Ming Marine Transport (TPE:2606) Have A Healthy Balance Sheet?

Shareholder Returns

2606TW ShippingTW Market
7D-3.1%-1.6%-0.6%
1Y8.7%48.1%28.5%

Return vs Industry: 2606 underperformed the TW Shipping industry which returned 48.3% over the past year.

Return vs Market: 2606 underperformed the TW Market which returned 27.8% over the past year.

Price Volatility

Is 2606's price volatile compared to industry and market?
2606 volatility
2606 Average Weekly Movement3.0%
Shipping Industry Average Movement4.4%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.9%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2606 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2606's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/aWang Shujiwww.uming.com.tw

U-Ming Marine Transport Corporation, together with its subsidiaries, engages in the marine transportation and investment businesses worldwide. The company owns and operates ships that carry various commodities, such as cement, crude oil, iron ore, coal, and grain shipments. It operates 73 vessels with a total deadweight of 8.8 million tons.

U-Ming Marine Transport Corporation Fundamentals Summary

How do U-Ming Marine Transport's earnings and revenue compare to its market cap?
2606 fundamental statistics
Market capNT$47.41b
Earnings (TTM)NT$4.64b
Revenue (TTM)NT$16.45b

10.2x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2606 income statement (TTM)
RevenueNT$16.45b
Cost of RevenueNT$11.17b
Gross ProfitNT$5.27b
Other ExpensesNT$632.93m
EarningsNT$4.64b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.49
Gross Margin32.06%
Net Profit Margin28.21%
Debt/Equity Ratio116.0%

How did 2606 perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

44%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 06:37
End of Day Share Price 2024/12/17 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 here.

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 .

Analyst Sources

U-Ming Marine Transport 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
Paul Robert DewberryBofA Global Research
Yayue HsuehCapital Securities Corporation
Timothy ChenCitigroup Inc