U-Ming Marine Transport Corp. (2606) Stock Price & Analysis

2606 Stock Chart & Stats

NT$66.50-NT$2.90(-4.18%)

At close: Nov 06 12:30 AM EST

Day’s Range: TWD 64.50 - TWD 67.50
52-Week Range: TWD 53.20 - TWD 81.70
Previous Close: TWD 69.40
Volume: N/A
Average Volume (3M): 2.67M
Market Cap: TWD 56.20B
Enterprise Value: TWD 69.42B
Total Cash (Recent Filing): TWD 28.16B
Total Debt (Recent Filing): TWD 46.59B
Price to Earnings (P/E): 10.2
Beta: 0.66
Next Earnings: Nov 18, 2026 (Est.)
EPS Estimate: 2.14
Last Dividend Ex-Date: Jun 16, 2026
Dividend Yield: 4.21%

Bulls Say, Bears Say

Bulls Say

Strong Profitability

Healthy gross and net margins demonstrate that U-Ming can convert dry-bulk shipping revenue into meaningful profits even within a cyclical industry. This profitability provides internal funding capacity, supports resilience through weaker freight conditions, and establishes a solid base for shareholder returns.

Long-Term Earnings Improvement

The substantial improvement in results compared with 2020 indicates that U-Ming has strengthened its earnings power over the longer term. Although shipping results fluctuate by cycle, this progress suggests the company can benefit from market recoveries and preserve a stronger operating base over the next several quarters.

Solid Operating Cash Flow

Operating cash flow of approximately 7.1B shows that U-Ming's core shipping operations are generating substantial cash despite weaker free-cash-flow conversion. This recurring operating inflow can help fund vessel-related investment, meet financial obligations, and support business continuity through changing freight conditions.

Bears Say

Elevated Leverage

Debt exceeding equity leaves U-Ming less financially flexible than would be ideal for a cyclical shipping company. If freight markets weaken, leverage can increase pressure on cash allocation and reduce room to absorb lower earnings, fund fleet investment, or manage obligations without financial strain.

Weak And Volatile Free Cash Flow

Thin and historically volatile free cash flow weakens the quality of U-Ming's accounting profits and limits internally generated financial flexibility. The company may have less surplus cash for fleet investment, debt reduction, or shareholder distributions when capital spending or working-capital demands rise.

Softening Earnings And Cyclicality

Lower gross profit and net income alongside declining revenue indicate that recent earnings momentum has weakened from the prior year. Because U-Ming operates in cyclical marine shipping, continued rate or volume pressure could reduce profitability and make near-term earnings less dependable.

U-Ming Marine Transport Corp. News

U-Ming Board Approves Nine-Month 2026 Consolidated Statements

U-Ming Marine Transport Corp. ( ($TW:2606) ) has shared an announcement. U-Ming Marine Transport Corp.’s board approved consolidated financial statements for Jan. 1-Sept. 30, 2026, on Nov. 10, following audit

11m ago2606

2606 FAQ

What was U-Ming Marine Transport Corp.’s price range in the past 12 months?

U-Ming Marine Transport Corp. lowest stock price was TWD 53.20 and its highest was TWD 81.70 in the past 12 months.

What is U-Ming Marine Transport Corp.’s market cap?

U-Ming Marine Transport Corp.’s market cap is TWD 56.20B.

When is U-Ming Marine Transport Corp.’s upcoming earnings report date?

U-Ming Marine Transport Corp.’s next earnings report is estimated for Nov 18, 2026 (not yet confirmed), which is in 8 days.

How were U-Ming Marine Transport Corp.’s earnings last quarter?

U-Ming Marine Transport Corp. released its earnings results on Aug 11, 2026. The company reported TWD 2.34 earnings per share for the quarter, beating the consensus estimate of TWD 1.43 by TWD 0.91.

Is U-Ming Marine Transport Corp. overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does U-Ming Marine Transport Corp. pay dividends?

U-Ming Marine Transport Corp. pays a ― dividend of TWD 2.8 which represents an annual dividend yield of 4.21%. See more information on U-Ming Marine Transport Corp. dividends here

What is U-Ming Marine Transport Corp.’s EPS estimate?

U-Ming Marine Transport Corp.’s EPS estimate is 2.14.

How many shares outstanding does U-Ming Marine Transport Corp. have?

U-Ming Marine Transport Corp. has 845,055,700 shares outstanding.

What happened to U-Ming Marine Transport Corp.’s price movement after its last earnings report?

U-Ming Marine Transport Corp. reported an EPS of TWD 2.34 in its last earnings report, beating expectations of TWD 1.43. Following the earnings report the stock price went down -0.599%.

Which hedge fund is a major shareholder of U-Ming Marine Transport Corp.?

Currently, no hedge funds are holding shares in TW:2606

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

Company Description