2609 Stock Overview
Provides shipping, repair, and chartering services in Taiwan, the America, Europe, Asia, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Yang Ming Marine Transport Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$75.40 |
| 52 Week High | NT$86.00 |
| 52 Week Low | NT$41.10 |
| Beta | 1.66 |
| 11 Month Change | -5.16% |
| 3 Month Change | 69.82% |
| 1 Year Change | 25.46% |
| 33 Year Change | -61.53% |
| 5 Year Change | 782.90% |
| Change since IPO | 85.15% |
Recent News & Updates
Yang Ming Marine Transport (TWSE:2609) Is Reducing Its Dividend To NT$2.00
Jun 26
Yang Ming Marine Transport (TWSE:2609) Will Pay A Smaller Dividend Than Last Year
Jun 11Recent updates
Yang 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 | -1.7% | -0.0003% | -0.8% |
| 1Y | 25.5% | 31.1% | 33.8% |
Return vs Industry: 2609 underperformed the TW Shipping industry which returned 31.1% over the past year.
Return vs Market: 2609 underperformed the TW Market which returned 33.8% over the past year.
Price Volatility
| 2609 volatility | |
|---|---|
| 2609 Average Weekly Movement | 8.4% |
| Shipping Industry Average Movement | 5.8% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in TW Market | 8.4% |
| 10% least volatile stocks in TW Market | 2.2% |
Stable Share Price: 2609's share price has been volatile over the past 3 months.
Volatility Over Time: 2609's weekly volatility (8%) 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 | Patrick Tu | 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$261.91b |
| Earnings (TTM) | NT$10.75b |
| Revenue (TTM) | NT$147.47b |
24.5x
P/E Ratio1.8x
P/S RatioIs 2609 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2609 income statement (TTM) | |
|---|---|
| Revenue | NT$147.47b |
| Cost of Revenue | NT$134.56b |
| Gross Profit | NT$12.91b |
| Other Expenses | NT$2.16b |
| Earnings | NT$10.75b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.08 |
| Gross Margin | 8.75% |
| Net Profit Margin | 7.29% |
| Debt/Equity Ratio | 4.0% |
How did 2609 perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield65%
Payout RatioDoes 2609 pay a reliable dividends?
See 2609 dividend history and benchmarks| Yang Ming Marine Transport dividend dates | |
|---|---|
| Ex Dividend Date | Jul 09 2024 |
| Dividend Pay Date | Jul 31 2024 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 33 days |
Does 2609 pay a reliable dividends?
See 2609 dividend history and benchmarks