Pacific Basin Shipping Ltd (2343)

Currency in HKD
2.960
-0.090(-2.95%)
Delayed Data·
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Fair Value
Day's Range
2.8603.010
52 wk Range
1.4003.660
Key Statistics
Bid/Ask
2.95 / 2.96
Prev. Close
3.05
Open
3.01
Day's Range
2.86-3.01
52 wk Range
1.4-3.66
Volume
12.61M
Average Volume (3m)
23.42M
1-Year Change
75.2976%
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
3.125
Upside
+5.59%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory

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 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: 03/03/2026, 12:06
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Compare 2343 to Peers and Sector

Metrics to compare
2343
Peers
Sector
Relationship
P/E Ratio
34.0x9.3x12.5x
PEG Ratio
−0.63−0.070.03
Price/Book
1.1x0.9x1.4x
Price / LTM Sales
1.0x1.4x1.3x
Upside (Analyst Target)
−1.3%−9.7%20.0%
Fair Value Upside
Unlock3.7%7.3%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 3.125
(+5.59% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy4.10+40.89%2.70Maintain03/03/2026
JPMorgan
Buy2.70-7.22%3.20Maintain22/12/2025
HSBC
Hold2.40-17.53%1.90Upgrade17/10/2025
HSBC
Sell1.90-34.71%-Maintain26/09/2025
JPMorgan
Buy3.20+9.97%-New Coverage23/09/2025

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.01%
Dividend Yield
2.20%
Industry Median 8.94%
Annualised payout
0.07
Paid unevenly
5-Years Growth
-
Growth Streak

Earnings

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

FAQ

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

The Pacific Basin Shipping stock price today is 2.960 HKD.

What Stock Exchange Does Pacific Basin Shipping (2343) Trade On?

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

What Is the Ticker (Stock Symbol) for Pacific Basin Shipping?

The stock symbol (also called a 'ticker') for Pacific Basin Shipping is "2343."

Does Pacific Basin Shipping Pay Dividends? What’s The Current 2343 Dividend Yield?

Yes, 2343 Pays Dividends to its Shareholders. The current Pacific Basin Shipping dividend yield is 2.2%.

What Is the Current Pacific Basin Shipping Market Cap?

As of today, Pacific Basin Shipping market cap is 14.860B HKD.

What Is Pacific Basin Shipping's (2343) Earnings Per Share (TTM)?

The Pacific Basin Shipping EPS is currently 0.011 (Trailing Twelve Months).

Is 2343 a Buy or Sell From a Technical Analyst Perspective?

Based on today's Pacific Basin Shipping moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Pacific Basin Shipping Stock Split?

Pacific Basin Shipping has split 1 times. (See the 2343 stock split history page for full effective split date and price information.)

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 06/03/2026, Pacific Basin Shipping (2343) is trading at a price of 2.960 HKD, with a previous close of 3.050 HKD. The stock has fluctuated within a day range of 2.860 HKD to 3.010 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 3.125 HKD, with a high estimate of 4.10476935 HKD and a low estimate of 2.39249414 HKD. 4 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Buy. The stock has an +5.59% Upside potential.
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