Pacific Basin Shipping Limited (HKG:2343)
| Market Cap | 16.09B +83.4% |
| Revenue (ttm) | 16.20B -19.4% |
| Net Income | 452.78M -55.8% |
| EPS | 0.09 -54.4% |
| Shares Out | 5.11B |
| PE Ratio | 35.87 |
| Forward PE | 16.38 |
| Dividend | 0.08 (2.49%) |
| Ex-Dividend Date | Apr 28, 2026 |
| Volume | 8,008,695 |
| Open | 3.130 |
| Previous Close | 3.150 |
| Day's Range | 3.130 - 3.240 |
| 52-Week Range | 1.880 - 3.660 |
| Beta | 1.46 |
| Analysts | Buy |
| Price Target | 3.42 (+7.21%) |
| 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 release: Q1 2026
Pacific Basin Shipping released its Q1 2026 earnings on April 16, 2026, summarizing the period's financial results.
Pacific Basin Shipping Slides: Q1 2026
Pacific Basin Shipping has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 16, 2026.
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 Annual report: H2 2025
Pacific Basin Shipping has published its H2 2025 annual report on March 3, 2026.
Pacific Basin Shipping Earnings release: H2 2025
Pacific Basin Shipping released its H2 2025 earnings on March 3, 2026, summarizing the period's financial results.
Pacific Basin Shipping Slides: H2 2025
Pacific Basin Shipping has posted slides in relation to its H2 2025 quarterly earnings report, which was published on March 3, 2026.
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 release: Q3 2025
Pacific Basin Shipping released its Q3 2025 earnings on October 16, 2025, summarizing the period's financial results.
Pacific Basin Shipping Slides: Q3 2025
Pacific Basin Shipping has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 16, 2025.
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.
Pacific Basin Shipping Quarterly report: H1 2025
Pacific Basin Shipping has published its H1 2025 quarterly earnings report on August 7, 2025.
Pacific Basin Shipping Earnings release: H1 2025
Pacific Basin Shipping released its H1 2025 earnings on August 7, 2025, summarizing the period's financial results.
Pacific Basin Shipping Slides: H1 2025
Pacific Basin Shipping has posted slides in relation to its H1 2025 quarterly earnings report, which was published on August 7, 2025.
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 downgraded to Hold from Buy at HSBC
HSBC analyst Parash Jain downgraded Pacific Basin Shipping to Hold from Buy with a price target of HK$2.70, down from HK$3.60. The analyst says a "muted orderbook did not support…