Pacific Basin Shipping Ltd (2343)

Currency in HKD
3.110
+0.170(+5.78%)
Delayed Data·
2343 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
2.9303.130
52 wk Range
1.6503.660
Key Statistics
Bid/Ask
3.11 / 3.12
Prev. Close
2.94
Open
2.94
Day's Range
2.93-3.13
52 wk Range
1.65-3.66
Volume
3.56M
Average Volume (3m)
22.43M
1-Year Change
75%
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
2343 Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
3.264
Upside
+4.95%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield

Pacific Basin Shipping Ltd News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Sell
Moving Averages
Sell

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, the company is involved in the vessel owning and chartering, and convertible bonds issuing activities. It has a fleet of 250 owned and chartered vessels, including 1 Capesize, 106 Handysize and Supramax/Ultramax vessels. The company was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong.

Employees
4712
Market
Hong Kong

Pacific Basin Shipping Ltd Earnings Call Summary for Q1/2026

  • Pacific Basin posted Q1 2026 TCE earnings growth of 11% for Handysize ($12,130/day) and 14% for Supramax ($13,970/day) fleets year-over-year.
  • Spot rates surged 39% for Handysize ($11,100/day) and 51% for Supramax ($11,920/day) amid Arabian Gulf war disruptions affecting vessel supply.
  • Company converted Ultramax newbuilding orders to conventional fuel designs, reducing capital expenditure by $30.8 million while maintaining flexibility.
  • Q2 2026 forward coverage at 70% Handysize ($14,000/day) and 90% Supramax ($17,080/day), indicating strong revenue visibility above Q1 levels.
  • Management emphasized robust balance sheet and operational model effectiveness in navigating geopolitical volatility and market dislocations.
Last Updated: 2026-04-16, 06:46 a/m
Read Full Transcript

Compare 2343 to Peers and Sector

Metrics to compare
2343
Peers
Sector
Relationship
P/E Ratio
32.6x9.8x12.7x
PEG Ratio
−0.60−0.220.03
Price/Book
1.0x1.0x1.4x
Price / LTM Sales
0.9x1.2x1.3x
Upside (Analyst Target)
13.9%−4.0%19.1%
Fair Value Upside
Unlock1.7%5.2%Unlock

Analyst Ratings

4 Buy
2 Hold
2 Sell
Ratings:
8 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 3.264
(+4.95% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy3.70+18.59%4.10MaintainApr 01, 2026
JPMorgan
Buy4.10+31.41%2.70MaintainMar 03, 2026
JPMorgan
Buy2.70-13.46%3.20MaintainDec 22, 2025
HSBC
Hold2.40-23.08%1.90UpgradeOct 17, 2025
HSBC
Sell1.90-39.10%-MaintainSep 26, 2025

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.01%
Dividend Yield
2.60%
Industry Median 5.82%
Annualized payout
0.08
Paid unevenly
5-Years Growth
+25.93%
Growth Streak

Earnings

Latest Release
Mar 03, 2026
EPS / Forecast
0.01 / --
Revenue / Forecast
1.06B / --
EPS Revisions
Last 90 days

2343 Income Statement

People Also Watch

557.00
YAR
+1.09%
427.40
9961
-0.65%
118.4000
HLAG
-0.08%
43.88
2388
0.00%

FAQ

What Is the Pacific Basin Shipping (2343) Stock Price Today?

The Pacific Basin Shipping stock price today is 3.110 HKD.

What Stock Exchange Does Pacific Basin Shipping Trade On?

Pacific Basin Shipping is listed and trades on the Hong Kong Stock Exchange.

What Is the Stock Symbol for Pacific Basin Shipping?

The stock symbol for Pacific Basin Shipping is "2343."

Does Pacific Basin Shipping Pay Dividends? What’s The Current Dividend Yield?

The Pacific Basin Shipping dividend yield is 2.6%.

What Is the Pacific Basin Shipping Market Cap?

As of today, Pacific Basin Shipping market cap is 15.020B HKD.

What Is Pacific Basin Shipping's Earnings Per Share (TTM)?

The Pacific Basin Shipping EPS (TTM) is 0.011.

From a Technical Analysis Perspective, Is 2343 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.

How Many Times Has Pacific Basin Shipping Stock Split?

Pacific Basin Shipping has split 1 times.

How Many Employees Does Pacific Basin Shipping Have?

Pacific Basin Shipping has 4712 employees.

What is the current trading status of Pacific Basin Shipping (2343)?

As of Apr 17, 2026, Pacific Basin Shipping (2343) is trading at a price of 3.110 HKD, with a previous close of 2.940 HKD. The stock has fluctuated within a day range of 2.930 HKD to 3.130 HKD, while its 52-week range spans from 1.650 HKD to 3.660 HKD.

What Is Pacific Basin Shipping (2343) Price Target According to Analysts?

The average 12-month price target for Pacific Basin Shipping is 3.264 HKD, with a high estimate of 3.70439405 HKD and a low estimate of 2.69410477 HKD. 4 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Buy. The stock has an +4.95% Upside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.