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

• Market Cap: €66.69B
• Dividend Yield: 11.34%
• Average Volume (3M): 5.07M
• Price to Earnings (P/E): 8.1
• Beta (1Y): 0.43
• Revenue Growth: 25.44%
• EPS Growth: 92.86%
• Country: HK
• Employees: 2,219
• Sector: Industrials
• Sector Strength: 87
• Industry: Marine Shipping
• EPS (TTM): 1.94
• Shares Outstanding: 2,699,988,000
• 10 Day Avg. Volume: 3,956,287
• 30 Day Avg. Volume: 5,068,528
• PEG Ratio: 0.05
• Price to Book (P/B): 2.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.90
• Enterprise Value/Market Cap: 0.08
• Enterprise Value/Revenue: 0.49
• Enterprise Value/Gross Profit: 4.75
• Enterprise Value/Ebitda: 1.60
• 1Y Price Target: €25.02
• Price Target Upside: 1.31% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 80 Outperform
• Price Target: HK$29.00 ▲(17.41%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. generates revenue through its comprehensive logistics and transportation services. The company's primary revenue streams include fees from container shipping services, where they transport goods across regional trade routes in Asia. Additionally, SITC earns income from freight forwarding services, helping clients manage and streamline their supply chains. The company also offers value-added logistics services, such as warehousing and distribution, which contribute to its earnings. Strategic partnerships with shipping lines, ports, and logistics companies enhance SITC's service offerings and operational efficiency, further supporting its revenue generation.

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: 24.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 24.7 is below the 20-day moving average (MA) of 25.29, above the 50-day MA of 23.04, and above the 200-day MA of 19.60, indicating a neutral trend. The MACD of 0.51 indicates Positive momentum. The RSI at 50.53 is Neutral, neither overbought nor oversold. The STOCH value of 26.96 is Neutral, 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	€66.69B	8.14	46.88%	11.34%	25.44%	92.86%
Sector *	59 Neutral	AU$1.62B	9.53	11.29%	3.73%	6.45%	5.22%
CICOF		$31.55B	3.58	24.28%	16.87%	―	―
CMHHF		$7.71B	8.06	7.67%	8.40%	―	―
CSPKF		$2.58B	5.87	5.64%	6.94%	―	―
OROVF		$11.22B	4.37	21.08%	7.74%	―	―
6198	83 Outperform	HK$58.63B	7.47	12.46%	3.75%	5.80%	5.59%

SITC International Holdings Co., Ltd. Corporate Events

SITC International Approves Key Resolutions at AGM

SITC International Holdings Co., Ltd. announced the successful passage of all proposed resolutions during its Annual General Meeting held on April 29, 2025. Key resolutions included the approval of the audited financial statements for 2024, the declaration of a final dividend, and the re-election of several directors. The meeting also authorized the board to fix directors’ remuneration and re-appointed Ernst & Young as auditors. These decisions are expected to strengthen the company’s governance and financial strategies, potentially enhancing shareholder value.

SITC International Grants 14 Million Share Awards to Boost Employee Engagement

SITC International Holdings Co., Ltd. announced the grant of 14 million share awards to 687 eligible participants under its Share Scheme, with the aim of incentivizing and aligning the interests of its employees with the company’s long-term growth objectives. The share awards, which will vest on April 29, 2028, are designed to motivate and retain key contributors to the company’s success, enhancing productivity and performance without imposing additional performance targets.

SITC International Reports Strong Q1 2025 Revenue Growth

SITC International Holdings Co., Ltd. reported a significant increase in revenue for the first quarter of 2025, with a 38.6% rise to approximately US$760.5 million, driven by higher average freight rates. The company’s container shipping volume also grew by 6.8% compared to the previous year, reflecting strong operational performance and positioning in the shipping industry.

SITC International Expands Fleet with New Vessel Construction

SITC International Holdings Co., Ltd. has announced the exercise of options for the construction of two additional container vessels, with a total investment of approximately US$57.96 million. This transaction is classified as discloseable under Hong Kong’s Listing Rules due to its size and is expected to enhance the company’s operational capacity by expanding its fleet, potentially strengthening its market position and benefiting stakeholders.

SITC International Holdings Announces 2025 Annual General Meeting

SITC International Holdings Co., Ltd. has announced its upcoming Annual General Meeting scheduled for April 29, 2025, in Hong Kong, where key resolutions will be discussed. These include the approval of financial statements, declaration of a final dividend, re-election of directors, and authorization for share buybacks, which reflect the company’s strategic focus on shareholder value and governance.