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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)25.05M
Market Cap
HK$20.99B
Enterprise ValueHK$13.38K
Total Cash (Recent Filing)HK$206.50M
Total Debt (Recent Filing)HK$143.25M
Price to Earnings (P/E)20.6
Beta0.76
Next Earnings
Feb 25, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.98%
Share Statistics
EPS (TTM)0.03
Shares Outstanding5,157,246,600
10 Day Avg. Volume17,856,559
30 Day Avg. Volume25,053,112
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$2.44B
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet And LiquidityNet cash and substantial committed liquidity provide resilience through dry-bulk downturns and support continued investment without excessive leverage. This financial flexibility can help Pacific Basin renew its fleet, manage volatility, and sustain shareholder distributions across market cycles.
Commercial OutperformanceTCE outperformance versus spot indicates that Pacific Basin’s commercial and operational platform is adding value through routing, cargo selection, contracting, and fleet utilization. Repeating this execution advantage can support earnings resilience when freight markets weaken.
Fleet Renewal And OptionalityA large operating platform combined with newbuilding and purchase options gives Pacific Basin flexibility to control fleet quality and capacity over time. Disciplined renewal can improve efficiency, preserve market access, and support competitiveness as older tonnage exits the fleet.
Bears Say
Cyclical Revenue And Margin PressureDry-bulk earnings remain exposed to freight-rate cycles, and the latest reported decline in revenue and margins shows reduced earnings power from the prior year. Persistent rate pressure could weaken profitability, cash generation, and the funds available for fleet investment.
Expected Fleet Supply GrowthNew vessel supply growing faster than demand could intensify competition for cargoes and depress utilization or charter rates. This structural capacity risk may limit Pacific Basin’s pricing power and make its earnings more dependent on superior commercial execution.
Large Future Capital CommitmentsThe sizeable future payment schedule creates a meaningful capital-allocation obligation even though current liquidity is strong. High vessel prices and busy shipyards could also reduce investment returns, increase replacement costs, and constrain flexibility if freight markets deteriorate.
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$20.99B.
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 156 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 4.98%. 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 61%
Sector Average 61%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
96.83%
12-Months-Change
Fundamentals
Return on Equity
4.98%
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
All Analysts
Top Analysts
Average Price Target
HK$4.41
▲(7.12% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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