Pacific Basin Shipping Ltd (2343)

Currency in HKD
3.210
-0.350(-9.83%)
Delayed Data·
Unusual trading volume
2343 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
3.0703.460
52 wk Range
1.4003.660
Key Statistics
Bid/Ask
3.21 / 3.22
Prev. Close
3.56
Open
3.46
Day's Range
3.07-3.46
52 wk Range
1.4-3.66
Volume
55.1M
Average Volume (3m)
22.52M
1-Year Change
94.5455%
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
3.007
Downside
-6.33%
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 Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

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 Q4/2025

  • Pacific Basin reported $58.2M net profit for 2025 with 46% total shareholder return; declared 6 HK cents final dividend per share.
  • Operating activity margin per day surged 30% YoY; fleet market value exceeded book value by $360M, reaching $1.96B total.
  • Revenue forecast at $2.28B for FY2025 and $2.36B for FY2026, though analysts expect 12% sales decline in current year.
  • Company plans fleet expansion with new vessel deliveries by 2028; maintains sector-leading cost efficiency amid modernization push.
  • Key risks include Middle East geopolitical tensions, freight rate volatility, and regulatory compliance costs impacting future profitability.
Last Updated: 2026-03-03, 07:06 a/m
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Compare 2343 to Peers and Sector

Metrics to compare
2343
Peers
Sector
Relationship
P/E Ratio
23.2x9.4x12.7x
PEG Ratio
0.97−0.070.03
Price/Book
1.3x0.9x1.4x
Price / LTM Sales
1.0x1.4x1.3x
Upside (Analyst Target)
−21.2%−8.3%18.4%
Fair Value Upside
Unlock4.9%6.9%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 3.007
(-6.33% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy4.10+28.12%2.70MaintainMar 03, 2026
JPMorgan
Buy2.70-15.63%3.20MaintainDec 22, 2025
HSBC
Hold2.40-25.00%1.90UpgradeOct 17, 2025
HSBC
Sell1.90-40.63%-MaintainSep 26, 2025
JPMorgan
Buy3.20--New CoverageSep 23, 2025

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.02%
Dividend Yield
1.88%
Industry Median 8.96%
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 3.210 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 1.88%.

What Is the Pacific Basin Shipping Market Cap?

As of today, Pacific Basin Shipping market cap is 16.170B HKD.

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

The Pacific Basin Shipping EPS (TTM) is 0.019.

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 Neutral.

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 Mar 04, 2026, Pacific Basin Shipping (2343) is trading at a price of 3.210 HKD, with a previous close of 3.560 HKD. The stock has fluctuated within a day range of 3.070 HKD to 3.460 HKD, while its 52-week range spans from 1.400 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 3.007 HKD, with a high estimate of 4.1015625 HKD and a low estimate of 2.390625 HKD. 4 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Buy. The stock has an -6.33% Downside potential.
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