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2343 Stock Chart & Stats
HK$3.30
HK$0.02(0.61%)
At close: 4:00 PM EDT
HK$3.30
HK$0.02(0.61%)
Day’s Range― - ―
52-Week RangeHK$2.14 - HK$4.30
Previous CloseN/A
Volume16.17M
Average Volume (3M)16.69M
Market Cap
HK$21.37B
Enterprise ValueHK$13.38K
Total Cash (Recent Filing)HK$206.50M
Total Debt (Recent Filing)HK$143.25M
Price to Earnings (P/E)20.1
Beta0.77
Next Earnings
Feb 25, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield3.69%
Share Statistics
EPS (TTM)0.03
Shares Outstanding5,157,246,600
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$4.03Price Target Upside22.22% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.05
Revenue Forecast (FY)HK$2.44B
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet And LiquidityNet cash, substantial committed liquidity and continued debt repayment provide resilience through dry-bulk cycles. This financial flexibility supports fleet renewal, protects operations during weaker freight markets and reduces dependence on external financing.
Commercial Execution And TCE OutperformanceConsistent outperformance against spot rates indicates value from Pacific Basin’s in-house commercial and operating platform. Better routing, cargo selection and contracting can support utilization and earnings quality across changing freight environments.
Fleet Scale And Renewal OptionalityA large operating platform combined with owned, chartered and optional tonnage gives Pacific Basin flexibility to match capacity with demand. Countercyclical renewal and vessel purchase options can improve fleet competitiveness and preserve strategic adaptability.
Bears Say
Cyclical Revenue And Margin PressureDry-bulk earnings remain exposed to freight-rate cycles, and the recent revenue and margin declines show reduced earnings power outside peak conditions. Lower profitability can constrain shareholder returns and internal funding for fleet investment.
Potential Fleet OversupplyIf vessel supply expands faster than cargo demand, competition for employment could weaken utilization and charter rates. This would pressure TCEs and margins, particularly in the smaller vessel segments central to Pacific Basin’s strategy.
Future Capital And Charter Cost PressureLarge future newbuilding payments create a meaningful capital commitment, while higher charter-in costs can compress margins when freight rates soften. These pressures may reduce financial flexibility despite the company’s current net cash position.
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$2.14 and its highest was HK$4.29 in the past 12 months.
What is Pacific Basin Shipping Limited’s market cap?
Pacific Basin Shipping Limited’s market cap is HK$21.37B.
When is Pacific Basin Shipping Limited’s upcoming earnings report date?
Pacific Basin Shipping Limited’s upcoming earnings report date is Feb 25, 2027 which is in 184 days.
How were Pacific Basin Shipping Limited’s earnings last quarter?
Pacific Basin Shipping Limited released its earnings results on Aug 06, 2026. The company reported HK$0.157 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
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 Semiannually dividend of HK$0.155 which represents an annual dividend yield of 3.69%. 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 5,157,246,600 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$0.157 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 0.784%.
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
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
HK$4.03 (22.22% Upside)
HK$4.03 (22.22% Upside)
Blogger Sentiment
Bearish
HK:2343 Sentiment 100%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.71%
12-Months-Change
Fundamentals
Return on Equity
3.69%
Trailing 12-Months
Asset Growth
-2.12%
Trailing 12-Months
Company Description
Pacific Basin Shipping Limited
Pacific Basin Shipping Limited (HKEX: 2343) is a Hong Kong-based dry bulk shipping company focused on the operation of a fleet of Handysize and Supramax vessels. The company provides seaborne transportation services for a range of dry bulk commodities through a combination of owned and chartered-in ships, and it also engages in complementary activities related to vessel chartering and fleet management within the dry bulk sector.
2343 Company Deck
2343 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strongly positive set of financial results and operational performance: revenue, TCEs and net profit expanded materially, the company maintained a robust liquidity position, returned in excess of 100% of net profit to shareholders, and preserved fleet optionality through newbuilding and purchase options. Lowlights are primarily risks and cost pressures—higher charter costs, ongoing geopolitical and weather-related market volatility, high asset prices and committed future CapEx—but these are framed as manageable given strong cash, low net debt, and strategic optionality.View all HK:2343 earnings summaries2343 Stock 12 Month Forecast
Average Price Target
HK$4.03
▲(22.22% Upside)
Technical Analysis
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