Pacific Basin Shipping Limited (HKG:2343)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 15.68B |
| Revenue (ttm) | 16.20B |
| Net Income (ttm) | 452.78M |
| Shares Out | 5.11B |
| EPS (ttm) | 0.09 |
| PE Ratio | 34.96 |
| Forward PE | 16.47 |
| Dividend | 0.08 (2.57%) |
| Ex-Dividend Date | Apr 28, 2026 |
| Volume | 3,467,000 |
| Average Volume | 10,885,002 |
| Open | 3.070 |
| Previous Close | 3.070 |
| Day's Range | 3.060 - 3.140 |
| 52-Week Range | 1.710 - 3.660 |
| Beta | 1.53 |
| RSI | 52.39 |
| Earnings Date | Aug 6, 2026 |
About Pacific Basin Shipping
Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services in Hong Kong and internationally. The company offers shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap. It also offers shipping consulting, crewing, secretarial, ocean shipping, ship agency, and operation and management services. In addition, ... [Read more]
Financial Performance
In 2025, Pacific Basin Shipping's revenue was $2.08 billion, a decrease of -19.39% compared to the previous year's $2.58 billion. Earnings were $58.17 million, a decrease of -55.83%.
Financial numbers in USD Financial StatementsNews
Pacific Basin Shipping Earnings Call Transcript: Q1 2026
Strong year-on-year TCE growth and market outperformance were achieved despite geopolitical disruptions, with prudent fleet modernization and capital allocation reducing CapEx. Freight rates remain elevated, but ongoing volatility and global risks persist.
Pacific Basin Shipping Earnings Call Transcript: H2 2025
Solid 2025 results with $263.1M EBITDA and $58.2M net profit, strong liquidity, and 46% shareholder return. Despite softer freight markets and supply outpacing demand in 2026, segment resilience, disciplined fleet renewal, and robust capital allocation support a positive outlook.
Pacific Basin Shipping Earnings Call Transcript: Q3 2025
Q3 2025 saw mixed freight rate trends, with Handysize earnings down and Supramax up year-over-year. The company maintained strong fleet renewal discipline, advanced its share buyback, and navigated regulatory and market disruptions, supporting a positive outlook for minor bulk shipping.
Pacific Basin Shipping Earnings Call Transcript: H1 2025
EBITDA reached $122M and net profit $26M in H1 2025, with strong liquidity and a 153% payout ratio via dividends and buybacks. Despite lower freight rates, core TCE earnings outperformed the market, and management remains positive on supply-driven market support.
Higher freight costs are coming from tariffs: S&P Global
Rahul Kapoor, global head of shipping research at S&P Global Commodity Insights, says he expects to see a rise in freight rates, port congestion, and supply chain inefficiency as a result of US recipr...
Pacific Basin Shipping Earnings Call Transcript: Q1 2025
Q1 2025 saw lower spot rates but strong outperformance versus market indices, with high contract cover at above-market rates and improved operating margins. Fleet renewal and decarbonization investments continue, while trade and regulatory uncertainties drive market volatility.
Pacific Basin Shipping Earnings Call Transcript: H2 2024
EBITDA reached $333M and net profit $132M in 2024, with strong liquidity and a 7% ROE. Dividend and buyback distributions totaled 83% of net profit, while disciplined fleet renewal and new dual-fuel vessel orders support long-term growth amid market volatility.
Pacific Basin Shipping Earnings Call Transcript: Q3 2024
Handysize and Supramax rates surged year-over-year in Q3 2024, driven by strong demand and fleet inefficiencies. Share buybacks and dividends exceeded $100 million, with disciplined capital allocation amid high vessel prices. Ongoing geopolitical disruptions and regulatory changes shape a cautiously positive 2025 outlook.
Pacific Basin Shipping Earnings Call Transcript: H1 2024
H1 2024 saw $58M net profit, strong cash flow, and continued fleet renewal, with 50% of net profit paid as dividends and a $40M buyback underway. Market outlook remains positive, supported by fleet inefficiencies, regulatory trends, and robust demand.