Pacific Basin Shipping Ltd (2343)

Currency in HKD
2.910
+0.210(+7.78%)
Delayed Data·
Unusual trading volume
Trading near 52-week High
2343 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
2.7102.960
52 wk Range
1.4002.960
Key Statistics
Bid/Ask
2.91 / 2.92
Prev. Close
2.7
Open
2.71
Day's Range
2.71-2.96
52 wk Range
1.4-2.96
Volume
37.77M
Average Volume (3m)
17.43M
1-Year Change
86.5385%
Fair Value
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Fair Value Upside
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2343 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
2.727
Downside
-6.28%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth

Pacific Basin Shipping Ltd News & Analysis

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Technical Analysis

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

Pacific Basin Shipping Ltd Company Profile

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 277 owned and chartered vessels, including 127 Handysize, 1 Capesize, and 149 Supramax/Ultramax vessels. The company was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong.

Employees
4706
Market
Hong Kong

Pacific Basin Shipping Ltd Earnings Call Summary for Q3/2025

  • Pacific Basin reports mixed Q3 2025: Handysize TCE -15% YoY, Supramax TCE +10% YoY. Stock up 1.17% to $2.56, near 52-week high.
  • Company expands Singapore operations, focuses on fleet renewal. New low-emission vessels scheduled for delivery from 2028.
  • Positive outlook on dry bulk market, anticipating minor bulk demand growth. CEO cites favorable supply fundamentals.
  • Analysts expect sales decline this year. Company maintains financial flexibility with 0.17 debt-to-equity ratio, 1.48 current ratio.
  • Risks include geopolitical disruptions, bulk commodity demand fluctuations, and potential US-China trade tariffs.
Last Updated: 2025-10-16, 07:22 a/m
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Compare 2343 to Peers and Sector

Metrics to compare
2343
Peers
Sector
Relationship
P/E Ratio
17.6x7.0x12.4x
PEG Ratio
0.740.060.03
Price/Book
1.0x0.8x1.4x
Price / LTM Sales
0.8x1.0x1.3x
Upside (Analyst Target)
1.2%1.7%15.2%
Fair Value Upside
Unlock13.8%6.0%Unlock

Analyst Ratings

5 Buy
3 Hold
0 Sell
Ratings:
8 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 2.727
(-6.28% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy2.70-7.22%3.20MaintainDec 22, 2025
HSBC
Hold2.40-17.53%1.90UpgradeOct 17, 2025
HSBC
Sell1.90-34.71%-MaintainSep 26, 2025
JPMorgan
Buy3.20+9.97%-New CoverageSep 23, 2025

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.02%
Dividend Yield
2.48%
Industry Median 7.05%
Annualized payout
0.07
Paid unevenly
5-Years Growth
+24.57%
Growth Streak

Earnings

Latest Release
Aug 22, 2025
EPS / Forecast
-- / --
Revenue / Forecast
1.02B / --
EPS Revisions
Last 90 days

2343 Income Statement

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FAQ

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

The Pacific Basin Shipping stock price today is 2.910

What Stock Exchange Does Pacific Basin Shipping Trade On?

Pacific Basin Shipping is listed and trades on the Hong Kong Stock Exchange 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 2.48%.

What Is the Pacific Basin Shipping Market Cap?

As of today, Pacific Basin Shipping market cap is 14.75B.

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

The Pacific Basin Shipping EPS (TTM) is 0.02.

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 Strong Buy.

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 4706 employees.

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

As of Jan 22, 2026, Pacific Basin Shipping (2343) is trading at a price of 2.910, with a previous close of 2.700. The stock has fluctuated within a day range of 2.710 to 2.960, while its 52-week range spans from 1.400 to 2.960.

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

The average 12-month price target for Pacific Basin Shipping is HKD2.727, with a high estimate of HKD3.01092044 and a low estimate of HKD2.38689548. 5 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an -6.28% Downside potential.
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