Want to see HK:2343 full AI Analyst Report?
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$2.14 - HK$4.33
Previous CloseN/A
Volume16.17M
Average Volume (3M)16.69M
Market Cap
HK$21.12B
Enterprise ValueHK$13.38K
Total Cash (Recent Filing)HK$206.50M
Total Debt (Recent Filing)HK$143.25M
Price to Earnings (P/E)19.7
Beta0.77
Next Earnings
Feb 25, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield3.77%
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 Upside-2.10% Downside
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 Liquidity And Low LeverageNet cash, substantial undrawn facilities and historically declining debt-to-equity provide resilience through dry-bulk cycles. This financial flexibility supports fleet investment, debt management and shareholder returns without relying heavily on external funding.
TCE Outperformance And Operating ExecutionConsistent TCE premiums to spot indicate effective vessel deployment, cargo selection and commercial management. Sustained execution can protect margins across changing trade routes and freight conditions, strengthening the value of the in-house operating platform.
Fleet Renewal And Strategic OptionalityThe renewal program and vessel purchase options give Pacific Basin multiple ways to modernize its fleet and control capacity. This supports fuel efficiency and long-term competitiveness while preserving flexibility to match investment decisions with market conditions.
Bears Say
Cyclical Revenue And Margin PressureDry-bulk earnings remain highly exposed to freight-rate cycles, and recent revenue and margin declines show reduced earnings power outside peak conditions. This volatility can constrain cash available for investment and make returns less predictable over the medium term.
Fleet Supply May Outpace DemandFaster vessel supply growth can weaken utilization and freight rates if commodity demand does not expand sufficiently. The risk is particularly relevant for Pacific Basin's core segments, potentially reducing TCEs and limiting margin recovery.
Material Future Capital CommitmentsAlthough the balance sheet is strong, substantial future newbuilding payments will compete with dividends, buybacks and other investment uses. If freight markets weaken before delivery, these commitments could reduce financial flexibility and pressure returns.
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$4.33 in the past 12 months.
What is Pacific Basin Shipping Limited’s market cap?
Pacific Basin Shipping Limited’s market cap is HK$21.12B.
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 182 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 Overvalued.
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 3.77%. 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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
HK$4.03 (-2.10% Downside)
HK$4.03 (-2.10% Downside)
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
3.77%
Trailing 12-Months
Asset Growth
-2.12%
Trailing 12-Months
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$4.03
▼(-2.10% Downside)
Technical Analysis
COSCO SHIPPING International (Hong Kong) Co
―
COSCO SHIPPING Holdings Co
―
COSCO SHIPPING Development Co
―
Jinhui Holdings Co. Ltd.
―
SITC International Holdings Co., Ltd.
―