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2343 Stock Chart & Stats
HK$4.12
HK$0.02(0.61%)
At close: 4:00 PM EDT
HK$4.12
HK$0.02(0.61%)
Day’s Range― - ―
52-Week RangeHK$2.23 - HK$4.45
Previous CloseN/A
Volume16.17M
Average Volume (3M)14.59M
Market Cap
HK$19.65B
Enterprise ValueHK$13.38B
Total Cash (Recent Filing)HK$206.50M
Total Debt (Recent Filing)HK$143.25M
Price to Earnings (P/E)18.6
Beta0.73
Next Earnings
Feb 25, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield5.53%
Share Statistics
EPS (TTM)0.03
Shares Outstanding5,157,246,600
10 Day Avg. Volume9,512,819
30 Day Avg. Volume14,593,211
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$4.41Price Target Upside7.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.05
Revenue Forecast (FY)HK$2.41B
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet And LiquidityNet cash and substantial committed liquidity provide resilience through dry-bulk cycles and give Pacific Basin flexibility to fund vessels, manage volatility, and pursue opportunities without relying heavily on incremental borrowing. Lower debt also reduces financing pressure and supports durable capital allocation.
Commercial Outperformance And Earnings GrowthTCE performance above spot demonstrates the value of Pacific Basin’s in-house commercial and operating platform, including routing, cargo and contracting decisions. Sustained outperformance can support stronger margins and earnings than a purely market-exposed fleet during the next several quarters.
Fleet Scale And Renewal OptionalityA large Handysize and Supramax platform supports customer reach, cargo flexibility and operating scale, while newbuildings and purchase options preserve controlled access to fleet renewal. This optionality can improve efficiency and competitiveness without forcing immediate ownership commitments across the entire fleet.
Bears Say
Dry-bulk Revenue And Margin CyclicalityThe decline in revenue and margins shows that earnings remain highly sensitive to dry-bulk freight cycles and market rates. Even with recent improvement, weaker rates or utilization could reduce profitability, constrain internal funding and make results less predictable over the medium term.
Potential Fleet OversupplyFleet supply growing faster than demand could pressure freight rates, vessel utilization and chartering spreads if deliveries accelerate. This structural risk is particularly relevant to Pacific Basin’s core vessel segments and could weaken earnings even when the company maintains strong commercial execution.
Large Future Capital CommitmentsThe committed newbuilding payments create a substantial future cash requirement that must be balanced against dividends, buybacks, vessel maintenance and market volatility. Although current liquidity is strong, weaker freight conditions could reduce cash generation and narrow capital allocation flexibility when payments fall due.
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$2.23 and its highest was HK$4.45 in the past 12 months.
What is Pacific Basin Shipping Limited’s market cap?
Pacific Basin Shipping Limited’s market cap is HK$19.65B.
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 136 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.
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 5.53%. 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. 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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
HK$4.41 (7.12% Upside)
HK$4.41 (7.12% Upside)
Blogger Sentiment
Bearish
HK:2343 Sentiment 100%
Sector Average 64%
Sector Average 64%
Technicals
SMA
Positive
20 days / 200 days
Momentum
96.04%
12-Months-Change
Fundamentals
Return on Equity
7.42%
Trailing 12-Months
Asset Growth
-2.12%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Pacific Basin Shipping Limited
Pacific Basin Shipping Limited, an investment holding entity, specializes in providing dry bulk shipping solutions worldwide. The company extends its operations to include a range of maritime support services such as shipping consultancy, ocean transportation, crew management, administrative assistance, agency representation, and full ship management. Furthermore, it engages in the ownership and chartering of vessels, as well as the issuance of convertible bonds. As of February 28, 2022, its fleet comprised 130 Handysize and 124 Supramax vessels. Established in 1987, the firm is headquartered in Wong Chuk Hang, Hong Kong.
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$4.41
▲(7.12% Upside)
Technical Analysis
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