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U-Ming Marine Transport TWSE:2606 Stock Report

Last Price

NT$59.50

Market Cap

NT$51.3b

7D

2.1%

1Y

22.9%

Updated

29 May, 2024

Data

Company Financials +

U-Ming Marine Transport Corporation

TWSE:2606 Stock Report

Market Cap: NT$51.3b

2606 Stock Overview

Engages in the marine transportation business worldwide.

2606 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends3/6

U-Ming Marine Transport Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for U-Ming Marine Transport
Historical stock prices
Current Share PriceNT$59.50
52 Week HighNT$65.50
52 Week LowNT$40.60
Beta0.87
1 Month Change6.63%
3 Month Change7.01%
1 Year Change22.93%
3 Year Change-3.41%
5 Year Change90.71%
Change since IPO147.69%

Recent News & Updates

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

Recent updates

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
7D2.1%10.9%2.9%
1Y22.9%38.4%30.0%

Return vs Industry: 2606 underperformed the TW Shipping industry which returned 38.4% over the past year.

Return vs Market: 2606 underperformed the TW Market which returned 30% over the past year.

Price Volatility

Is 2606's price volatile compared to industry and market?
2606 volatility
2606 Average Weekly Movement4.9%
Shipping Industry Average Movement4.9%
Market Average Movement4.7%
10% most volatile stocks in TW Market8.6%
10% least volatile stocks in TW Market2.2%

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

Volatility Over Time: 2606's weekly volatility (5%) 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 business worldwide. It owns and manages ships that transport commodities, such as cement, crude oil, iron ore, coal, and grain shipments. It operates 66 vessels with a total deadweight of 8.25 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$51.29b
Earnings (TTM)NT$3.23b
Revenue (TTM)NT$15.36b

15.6x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2606 income statement (TTM)
RevenueNT$15.36b
Cost of RevenueNT$11.40b
Gross ProfitNT$3.97b
Other ExpensesNT$733.59m
EarningsNT$3.23b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.83
Gross Margin25.82%
Net Profit Margin21.04%
Debt/Equity Ratio118.3%

How did 2606 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

63%

Payout Ratio
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