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Pacific Basin Shipping Limited (HK:2343)
:2343
2343 Stock Chart & Stats
HK$2.64
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$2.64
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$1.40 - HK$3.60
Previous CloseN/A
Volume12.81M
Average Volume (3M)16.69M
Market Cap
HK$17.01B
Enterprise ValueHK$2.25B
Total Cash (Recent Filing)HK$295.50M
Total Debt (Recent Filing)HK$310.24M
Price to Earnings (P/E)22.3
Beta0.63
Next Earnings
Mar 03, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.88%
Share Statistics
EPS (TTM)0.04
Shares Outstanding5,166,725,600
10 Day Avg. Volume13,984,147
30 Day Avg. Volume16,692,496
Financial Highlights & Ratios
PEG Ratio0.40
Price to Book (P/B)0.62
Price to Sales (P/S)0.44
P/FCF Ratio6.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strong Liquidity And Committed Credit FacilityA large committed liquidity pool and net cash position materially enhance Pacific Basin’s ability to withstand dry bulk market cycles, fund green vessel investments and capex, and maintain shareholder returns without forced asset sales. This reduces refinancing and operational stress over the medium term.
Low Leverage And Strong Equity RatioVery low leverage and a high equity ratio provide structural financial flexibility for a capital‑intensive shipping fleet. It supports disciplined fleet renewal, drydocking and green transition spending, and allows the company to exploit market dislocations or fund charters without over-reliance on debt.
Robust Free Cash Flow Generation And ConversionStrong FCF growth and high cash conversion signal durable cash generation from operations. This underpins sustainable dividends, buybacks and reinvestment into the fleet or decarbonisation capex, while cushioning earnings volatility inherent in dry bulk cycles over the next several quarters.
Bears Say
Significant Decline In Freight Rates And ProfitsFreight-rate cyclicality is a core structural risk for asset owners; sustained lower rates materially reduce voyage earnings, fleet utilization and profitability. A large profit decline weakens earnings visibility and limits the firm's ability to fund growth from operating results if weakness persists.
Weaker Chinese Import DemandChina is a major driver of dry bulk flows; a structural slump in commodity imports reduces cargo volumes, puts downward pressure on rates, and can depress utilization for Handysize/Supramax vessels. Prolonged lower demand risks longer recovery timelines for earnings and asset values.
Uncertainty From Potential USTR 301 RegulationsTrade policy or regulatory measures targeting routes or cargo origins create structural business risk by altering trade flows, increasing compliance costs, or reducing access to certain cargos. For a shipowner reliant on global trades, such uncertainty can meaningfully change long‑term revenue mix and contracts.
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$3.60 in the past 12 months.
What is Pacific Basin Shipping Limited’s market cap?
Pacific Basin Shipping Limited’s market cap is HK$17.01B.
When is Pacific Basin Shipping Limited’s upcoming earnings report date?
Pacific Basin Shipping Limited’s upcoming earnings report date is Mar 03, 2026 which is in 7 days.
How were Pacific Basin Shipping Limited’s earnings last quarter?
Pacific Basin Shipping Limited released its earnings results on Feb 28, 2019. The company reported HK$0.07 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.07.
Is Pacific Basin Shipping Limited overvalued?
According to Wall Street analysts Pacific Basin Shipping Limited’s price is currently Overvalued.
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$0.07 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.44%.
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
Neutral
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Technicals
SMA
Positive
20 days / 200 days
Momentum
6.71%
12-Months-Change
Fundamentals
Return on Equity
5.53%
Trailing 12-Months
Asset Growth
-3.29%
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.
Technical Analysis
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Options Prices
Currently, No data available
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