2609 Stock Overview
Provides shipping, repair, and chartering services in Taiwan, the America, Europe, Asia, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Yang Ming Marine Transport Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$79.70 |
| 52 Week High | NT$86.00 |
| 52 Week Low | NT$43.55 |
| Beta | 1.76 |
| 1 Month Change | 0.50% |
| 3 Month Change | 25.31% |
| 1 Year Change | 38.61% |
| 3 Year Change | -34.94% |
| 5 Year Change | 1,006.94% |
| Change since IPO | 95.70% |
Recent News & Updates
Yang Ming Marine Transport (TWSE:2609) Could Easily Take On More Debt
Dec 06
At NT$65.90, Is Yang Ming Marine Transport Corporation (TWSE:2609) Worth Looking At Closely?
Oct 20Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic
Sep 29Recent updates
Yang Ming Marine Transport (TWSE:2609) Could Easily Take On More Debt
Dec 06At NT$65.90, Is Yang Ming Marine Transport Corporation (TWSE:2609) Worth Looking At Closely?
Oct 20Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic
Sep 29Yang Ming Marine Transport Corporation's (TWSE:2609) Shares Lagging The Market But So Is The Business
Sep 11Yang Ming Marine Transport (TWSE:2609) Is Reducing Its Dividend To NT$2.00
Jun 26Yang Ming Marine Transport (TWSE:2609) Will Pay A Smaller Dividend Than Last Year
Jun 11Yang Ming Marine Transport (TWSE:2609) Is Looking To Continue Growing Its Returns On Capital
Jun 10Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic
May 22Yang Ming Marine Transport Corporation (TWSE:2609) Stock Catapults 36% Though Its Price And Business Still Lag The Industry
May 10Is There Now An Opportunity In Yang Ming Marine Transport Corporation (TWSE:2609)?
May 03Is Yang Ming Marine Transport (TWSE:2609) Weighed On By Its Debt Load?
Apr 12Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders
Mar 21Shareholder Returns
| 2609 | TW Shipping | TW Market | |
|---|---|---|---|
| 7D | -0.9% | -0.9% | -2.1% |
| 1Y | 38.6% | 35.8% | 25.6% |
Return vs Industry: 2609 exceeded the TW Shipping industry which returned 35.8% over the past year.
Return vs Market: 2609 exceeded the TW Market which returned 25.6% over the past year.
Price Volatility
| 2609 volatility | |
|---|---|
| 2609 Average Weekly Movement | 6.3% |
| Shipping Industry Average Movement | 4.5% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in TW Market | 7.8% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 2609's share price has been volatile over the past 3 months compared to the TW market.
Volatility Over Time: 2609's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of TW stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1972 | n/a | Cliff Pai | www.yangming.com |
Yang Ming Marine Transport Corporation, together with its subsidiaries, provides shipping, repair, and chartering services in Taiwan, the America, Europe, Asia, and internationally. The company purchases and sells ships, containers, and chassis. It acts as a property, shipping, and forwarding and inland forwarding agent, as well as a shipping manager.
Yang Ming Marine Transport Corporation Fundamentals Summary
| 2609 fundamental statistics | |
|---|---|
| Market cap | NT$278.32b |
| Earnings (TTM) | NT$50.33b |
| Revenue (TTM) | NT$201.95b |
5.5x
P/E Ratio1.4x
P/S RatioIs 2609 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2609 income statement (TTM) | |
|---|---|
| Revenue | NT$201.95b |
| Cost of Revenue | NT$141.98b |
| Gross Profit | NT$59.98b |
| Other Expenses | NT$9.65b |
| Earnings | NT$50.33b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 14.41 |
| Gross Margin | 29.70% |
| Net Profit Margin | 24.92% |
| Debt/Equity Ratio | 3.1% |
How did 2609 perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield14%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 01:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Yang Ming Marine Transport Corporation is covered by 24 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Nathan Gee | BofA Global Research |
| Yayue Hsueh | Capital Securities Corporation |