Wan Hai Lines Ltd. engages in the marine transportation business in Asia, the Middle East, India, the United States, South America, and Red Sea. More Details
Excellent balance sheet with solid track record.
Share Price & News
How has Wan Hai Lines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2615 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: 2615's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of TW stocks.
7 Day Return
1 Year Return
Return vs Industry: 2615 exceeded the TW Shipping industry which returned 1009.1% over the past year.
Return vs Market: 2615 exceeded the TW Market which returned 42.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Wan Hai Lines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StDid You Participate In Any Of Wan Hai Lines' (TPE:2615) Incredible 488% Return?
3 months ago | Simply Wall StWith EPS Growth And More, Wan Hai Lines (TPE:2615) Is Interesting
4 months ago | Simply Wall StThe Returns At Wan Hai Lines (TPE:2615) Provide Us With Signs Of What's To Come
Is Wan Hai Lines undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2615 (NT$240) is trading below our estimate of fair value (NT$1889.36)
Significantly Below Fair Value: 2615 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2615 is good value based on its PE Ratio (20.5x) compared to the TW Shipping industry average (35.2x).
PE vs Market: 2615 is poor value based on its PE Ratio (20.5x) compared to the TW market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: 2615's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 2615 is overvalued based on its PB Ratio (9x) compared to the TW Shipping industry average (2.4x).
How is Wan Hai Lines forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2615's earnings are forecast to decline over the next 3 years (-24.5% per year).
Earnings vs Market: 2615's earnings are forecast to decline over the next 3 years (-24.5% per year).
High Growth Earnings: 2615's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 2615's revenue is expected to decline over the next 3 years (-2.4% per year).
High Growth Revenue: 2615's revenue is forecast to decline over the next 3 years (-2.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 2615's Return on Equity is forecast to be high in 3 years time
How has Wan Hai Lines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2615 has a high level of non-cash earnings.
Growing Profit Margin: 2615's current net profit margins (25.3%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: 2615's earnings have grown significantly by 56.1% per year over the past 5 years.
Accelerating Growth: 2615's earnings growth over the past year (891.4%) exceeds its 5-year average (56.1% per year).
Earnings vs Industry: 2615 earnings growth over the past year (891.4%) exceeded the Shipping industry 10.2%.
Return on Equity
High ROE: 2615's Return on Equity (43.6%) is considered outstanding.
How is Wan Hai Lines's financial position?
Financial Position Analysis
Short Term Liabilities: 2615's short term assets (NT$49.0B) exceed its short term liabilities (NT$34.6B).
Long Term Liabilities: 2615's short term assets (NT$49.0B) exceed its long term liabilities (NT$46.1B).
Debt to Equity History and Analysis
Debt Level: 2615's debt to equity ratio (68.4%) is considered high.
Reducing Debt: 2615's debt to equity ratio has reduced from 85.4% to 68.4% over the past 5 years.
Debt Coverage: 2615's debt is well covered by operating cash flow (83.3%).
Interest Coverage: 2615's interest payments on its debt are well covered by EBIT (211.2x coverage).
What is Wan Hai Lines's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2615's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.81%).
High Dividend: 2615's dividend (0.42%) is low compared to the top 25% of dividend payers in the TW market (4.92%).
Stability and Growth of Payments
Stable Dividend: 2615 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.
Growing Dividend: 2615 is not paying a notable dividend for the TW market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 2615 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2615's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Fur-Lung Hsieh, also known as Tommy, has been the President of Wan Hai Lines Ltd. since June 22, 2015 and also serves as its General Manager. Mr. Hsieh served as Executive Vice President at Wan Hai Lin...
Experienced Management: 2615's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: 2615's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wan Hai Lines Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Wan Hai Lines Ltd.
- Ticker: 2615
- Exchange: TWSE
- Founded: 1965
- Industry: Marine
- Sector: Transportation
- Market Cap: NT$532.391b
- Shares outstanding: 2.22b
- Website: https://www.wanhai.com
Number of Employees
- Wan Hai Lines Ltd.
- No. 136 Songjiang Road
- 10th Floor
Wan Hai Lines Ltd. engages in the marine transportation business in Asia, the Middle East, India, the United States, South America, and Red Sea. It provides full-containerized shipping service and shipping...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/25 09:16|
|End of Day Share Price||2021/07/23 00:00|
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.