SITC International Holdings Co., Ltd. (1308) AI Stock Analysis

• Market Cap: €72.20B
• Dividend Yield: 9.42%
• Average Volume (3M): 3.44M
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.41
• Revenue Growth: 25.44%
• EPS Growth: 92.86%
• Country: HK
• Employees: 2,219
• Sector: Industrials
• Sector Strength: 83
• Industry: Marine Shipping
• EPS (TTM): 1.94
• Shares Outstanding: 2,699,988,000
• 10 Day Avg. Volume: 3,154,494
• 30 Day Avg. Volume: 3,439,371
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €25.81
• Price Target Upside: -3.47% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 80 Outperform
• Price Target: HK$29.00 ▲(8.45% Upside)

SITC International scores highly due to its strong financial performance, underpinned by significant revenue growth and profitability, robust technical indicators, and attractive valuation metrics. The stock's current technical overbought conditions and lack of earnings call data slightly temper the overall score.

SITC International Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

SITC International Holdings Company Limited, a shipping logistics company, provides integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates through two segments, Container Shipping and Logistics; and Dry Bulk and Others. The Container Shipping and Logistics segment offers container transportation, freight forwarding, shipping agency, and depot and warehousing services. The Dry Bulk and Others segment provides dry bulk vessel and land leasing, as well as air freight forwarding services. As of December 31, 2021, the company operated a fleet of 96 vessels with a total capacity of 143,115 TEU, including 68 self-owned vessels with a capacity of 103,663 TEU and 28 chartered vessels with a capacity of 39,452 TEU; and 5 dry bulk vessels with a total tonnage of 362,000 tons. It also offers container and vessel holding, and chartering; technology support; container maintenance; customs declaration; and multimodal transportation services. The company was founded in 1991 and is headquartered in Wan Chai, Hong Kong. SITC International Holdings Company Limited is a subsidiary of Resourceful Link Management Limited.

How the Company Makes Money

SITC International Holdings Co., Ltd. makes money primarily through its integrated logistics services, which include container shipping and freight forwarding. The company's revenue model is based on charging customers for the transportation of goods via its shipping network, which spans key trade routes in the Asia-Pacific region. Additionally, SITC earns income from its value-added services such as warehousing and distribution, which support the efficient movement and storage of goods. Partnerships with local and international logistics providers and a strong focus on operational efficiency and customer service also contribute significantly to its earnings.

SITC International Holdings Co., Ltd. Financial Statement Overview

Summary

SITC International demonstrates strong financial performance with significant revenue growth, high profitability margins, and robust cash flow generation. The balance sheet reflects low leverage and a solid equity base, despite minor fluctuations, indicating a well-positioned company in the transportation industry.

Income Statement

SITC International has shown significant revenue growth from $1.68 billion in 2020 to $3.06 billion in 2024, with a notable Gross Profit Margin of 37.37% in 2024. The Net Profit Margin is impressive at 33.64% for the same year, indicating strong profitability. EBIT and EBITDA margins are robust at 34.93% and 40.32%, respectively. The company has demonstrated consistent revenue growth and high profitability margins, although there was a dip in revenue in 2023 before recovering in 2024.

Balance Sheet

The company's financial health is solid, with a Debt-to-Equity Ratio of 0.16 in 2024, showing low leverage. The Return on Equity is strong at 42.77%, reflecting efficient use of equity to generate profits. The Equity Ratio stands at 75.21%, indicating a high proportion of assets financed by equity, which signifies stability. Overall, the balance sheet is strong, but there was a decline in total assets and stockholders' equity in 2023 before improvement in 2024.

Cash Flow

SITC International exhibits a strong cash flow position with a Free Cash Flow of $897 million in 2024, growing significantly from $314 million in 2020. The Operating Cash Flow to Net Income Ratio is 1.13, suggesting healthy cash generation relative to net income. Free Cash Flow to Net Income Ratio is 0.87 in 2024, indicating substantial free cash flow relative to profits. Cash flow generation is robust, with consistent growth and efficient cash utilization.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.06B	2.43B	4.11B	3.01B	1.69B
Gross Profit	1.14B	623.03M	1.98B	1.32B	445.03M
EBITDA	1.23B	730.93M	2.14B	1.33B	494.43M
Net Income	1.03B	531.39M	1.94B	1.16B	351.62M
Balance Sheet
Total Assets	3.20B	2.65B	3.08B	2.72B	2.04B
Cash, Cash Equivalents and Short-Term Investments	745.18M	431.10M	997.11M	951.59M	535.56M
Total Debt	388.82M	370.70M	516.04M	543.87M	578.87M
Total Liabilities	776.57M	721.40M	917.85M	1.20B	845.45M
Stockholders Equity	2.40B	1.91B	2.15B	1.50B	1.18B
Cash Flow
Free Cash Flow	897.31M	363.06M	1.51B	1.15B	314.28M
Operating Cash Flow	1.16B	672.21M	2.00B	1.34B	501.39M
Investing Cash Flow	-509.55M	-149.19M	-429.19M	53.82M	-323.71M
Financing Cash Flow	-633.54M	-944.61M	-1.72B	-754.21M	-193.44M

SITC International Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1308, the sentiment is Positive. The current price of 26.74 is above the 20-day moving average (MA) of 25.18, above the 50-day MA of 25.13, and above the 200-day MA of 20.63, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 68.89 is Neutral, neither overbought nor oversold. The STOCH value of 86.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1308.

SITC International Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1308	80 Outperform	€72.20B	8.82	46.88%	9.42%	25.44%	92.86%
Sector *	64 Neutral	$10.65B	16.19	5.48%	2.12%	2.75%	-22.21%
CICOF	―	$33.11B	3.69	24.28%	11.73%	―	―
CMHHF	―	$8.56B	7.61	7.67%	6.20%	―	―
CSPKF	―	$2.79B	8.02	5.64%	4.95%	―	―
OROVF	―	$12.07B	4.70	21.08%	7.09%	―	―
6198	83 Outperform	HK$60.19B	7.54	12.46%	5.15%	5.80%	5.59%

SITC International Holdings Co., Ltd. Corporate Events

SITC International to Review Interim Results and Dividend

SITC International Holdings Co., Ltd. has announced that its board of directors will convene on August 15, 2025, to review and approve the interim financial results for the first half of the year ending June 30, 2025. The meeting will also consider the declaration of an interim dividend, highlighting the company’s ongoing commitment to shareholder returns and financial transparency.

The most recent analyst rating on (HK:1308) stock is a Hold with a HK$25.00 price target. To see the full list of analyst forecasts on SITC International Holdings Co., Ltd. stock, see the HK:1308 Stock Forecast page.

SITC International Expands Fleet with New Shipbuilding Contracts

SITC International Holdings Co., Ltd. has entered into shipbuilding contracts for the construction of four new container vessels, with a total investment of up to US$152.72 million. This strategic move, involving a significant financial commitment, is expected to enhance the company’s operational capacity and strengthen its position in the shipping industry, with vessel deliveries scheduled between December 2027 and July 2028.

The most recent analyst rating on (HK:1308) stock is a Hold with a HK$25.00 price target. To see the full list of analyst forecasts on SITC International Holdings Co., Ltd. stock, see the HK:1308 Stock Forecast page.

SITC International Enhances Governance with New Nomination Committee

SITC International Holdings Co., Ltd. has established a nomination committee to oversee the appointment of directors, ensuring a majority of independent non-executive directors and gender diversity among its members. This move is aimed at enhancing corporate governance and transparency within the company, potentially strengthening its position in the industry by aligning with best practices and improving stakeholder confidence.

The most recent analyst rating on (HK:1308) stock is a Hold with a HK$25.00 price target. To see the full list of analyst forecasts on SITC International Holdings Co., Ltd. stock, see the HK:1308 Stock Forecast page.