Pacific Basin Shipping Limited (HK:2343)
:2343
2343 Stock Chart & Stats
HK$2.94
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$2.94
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$1.40 - HK$3.66
Previous CloseN/A
Volume12.81M
Average Volume (3M)16.69M
Market Cap
HK$14.88B
Enterprise ValueHK$1.90B
Total Cash (Recent Filing)HK$270.52M
Total Debt (Recent Filing)HK$230.39M
Price to Earnings (P/E)26.2
Beta0.68
Next Earnings
Aug 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.88%
Share Statistics
EPS (TTM)0.05
Shares Outstanding5,166,725,600
10 Day Avg. Volume13,984,147
30 Day Avg. Volume16,692,496
Financial Highlights & Ratios
PEG Ratio-0.48
Price to Book (P/B)0.84
Price to Sales (P/S)0.73
P/FCF Ratio10.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$3.45Price Target Upside17.28% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)0.02
Revenue Forecast (FY)HK$2.31B
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet And LiquidityA very low debt-to-equity ratio and substantial equity base provide durable financial resilience in a cyclical shipping market. This supports the company's ability to absorb freight downturns, maintain operations, access committed facilities and fund selective fleet renewal without urgent refinancing risk.
Consistent Cash Generation And FCFSustained positive operating cash flow and material free cash flow across the cycle underpin long-term financial flexibility. Reliable cash generation funds dividends, buybacks and disciplined CapEx, enabling fleet renewal and optionality without over-reliance on external capital in weaker freight environments.
Disciplined Capital Allocation & Shareholder FocusA clear, shareholder‑friendly capital framework and active buyback program signal disciplined allocation and prioritisation of returns when balance sheet permits. This policy aligns management incentives with cash generation and provides a durable mechanism to return excess capital in stronger cycles.
Bears Say
Cyclical Revenue And Margin WeaknessMaterial revenue decline and compressed margins highlight the company's sensitivity to freight cycles. Prolonged weaker rates would erode earnings power, reduce ROE and constrain cash available for dividends or fleet investment, making profitability and returns vulnerable until freight conditions structurally improve.
Industry Supply Growth May Outpace DemandStructural fleet additions exceeding demand growth create an oversupply risk that can depress spot rates and TCEs for months. Given the company's exposure to Handysize and Supramax segments, persistent supply pressure would limit utilization and rate recovery, constraining sustainable earnings improvement.
Execution & Geopolitical Risks From Structural ChangesOngoing re‑flagging, compliance and structural initiatives carry execution cost and timing risk. These can generate one-off charges, distract management and create residual cash outflows. Combined with geopolitical volatility (e.g., Red Sea/Strait of Hormuz risks), operational disruptions could reduce revenues and increase voyage costs.
Pacific Basin Shipping News
2343 FAQ
What was Pacific Basin Shipping Limited’s price range in the past 12 months?
Pacific Basin Shipping Limited lowest stock price was HK$1.40 and its highest was HK$3.66 in the past 12 months.
What is Pacific Basin Shipping Limited’s market cap?
Pacific Basin Shipping Limited’s market cap is HK$14.88B.
When is Pacific Basin Shipping Limited’s upcoming earnings report date?
Pacific Basin Shipping Limited’s upcoming earnings report date is Aug 05, 2026 which is in 118 days.
How were Pacific Basin Shipping Limited’s earnings last quarter?
Pacific Basin Shipping Limited released its earnings results on Mar 03, 2026. The company reported HK$0.05 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.05.
Is Pacific Basin Shipping Limited overvalued?
According to Wall Street analysts Pacific Basin Shipping Limited’s price is currently Undervalued.
Does Pacific Basin Shipping Limited pay dividends?
Pacific Basin Shipping Limited pays a Quarterly dividend of HK$0.016 which represents an annual dividend yield of 2.88%. See more information on Pacific Basin Shipping Limited dividends here
What is Pacific Basin Shipping Limited’s EPS estimate?
Pacific Basin Shipping Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Pacific Basin Shipping Limited have?
Pacific Basin Shipping Limited has 5,166,725,600 shares outstanding.
What happened to Pacific Basin Shipping Limited’s price movement after its last earnings report?
Pacific Basin Shipping Limited reported an EPS of HK$0.05 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.85%.
Which hedge fund is a major shareholder of Pacific Basin Shipping Limited?
Currently, no hedge funds are holding shares in HK:2343
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Pacific Basin Shipping Stock Smart Score
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.71%
12-Months-Change
Fundamentals
Return on Equity
2.51%
Trailing 12-Months
Asset Growth
-5.62%
Trailing 12-Months
Company Description
Pacific Basin Shipping Limited
Pacific Basin Shipping Limited, an investment holding company, provides dry bulk shipping services worldwide. It also offers shipping consulting, ocean shipping, crewing, secretarial, and agency and ship management services; and engages in the vessel owning and chartering, and convertible bonds issuing activities. As of February 28, 2022, the company had a fleet of 130 Handysize vessels, and 124 Supramax vessels. Pacific Basin Shipping Limited was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong.
2343 Company Deck
2343 Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a resilient financial and operational performance in 2025 supported by a strong balance sheet, healthy liquidity, active fleet renewal and shareholder-friendly capital returns (dividends and buybacks). However, notable headwinds remain: softer freight markets in 2025 led to declines in TCEs and a 28% drop in operating performance before overheads, while geopolitical risks and industry supply growth pose near-term uncertainty. On balance the company emphasized its financial flexibility, disciplined capital allocation and positive near-term FFA signals, outweighing the challenges described.View all HK:2343 earnings summaries2343 Stock 12 Month Forecast
Average Price Target
HK$3.45
▲(17.28% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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