Pacific Basin Shipping Ltd (2343)

Currency in HKD
2.290
-0.010(-0.43%)
Closed·
2343 Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
2343 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
2.1202.330
52 wk Range
1.4002.680
Key Statistics
Bid/Ask
2.28 / 2.29
Prev. Close
2.3
Open
2.2
Day's Range
2.12-2.33
52 wk Range
1.4-2.68
Volume
47.68M
Average Volume (3m)
38.21M
1-Year Change
6.02%
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
2343 Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
2.240
Downside
-2.16%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales decline in the current year

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 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
5003
Market
Hong Kong

Compare 2343 to Peers and Sector

Metrics to compare
2343
Peers
Sector
Relationship
P/E Ratio
15.2x5.3x12.7x
PEG Ratio
0.610.060.03
Price/Book
0.8x0.8x1.4x
Price / LTM Sales
0.7x0.9x1.2x
Upside (Analyst Target)
−6.1%0.4%15.8%
Fair Value Upside
Unlock11.7%6.5%Unlock

Analyst Ratings

4 Buy
2 Hold
1 Sell
Ratings:
7 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 2.240
(-2.16% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.02%
Dividend Yield
4.02%
Industry Median 7.87%
Annualised payout
0.09
Paid unevenly
5-Years Growth
+18.47%
Growth Streak

Earnings

Latest Release
Mar 14, 2025
EPS / Forecast
0.01 / 0.05
Revenue / Forecast
1.30B / 2.486B
EPS Revisions
Last 90 days

2343 Income Statement

People Also Watch

14.70
1919
+0.34%
4.72
2357
-0.84%
8.50
0636
-0.12%
18.41
0175
0.00%
50.10
0168
-0.30%

FAQ

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."

What Is the Pacific Basin Shipping Market Cap?

As of today, Pacific Basin Shipping market cap is 11.86B.

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 5003 employees.

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

As of 09 Aug 2025, Pacific Basin Shipping (2343) is trading at a price of 2.29, with a previous close of 2.30. The stock has fluctuated within a day range of 2.12 to 2.33, while its 52-week range spans from 1.40 to 2.68.

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

The average 12-month price target for Pacific Basin Shipping is HKD2.24042386, with a high estimate of HKD2.65306122 and a low estimate of HKD1.89952904. 4 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an -2.16% Downside 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
© 2007-2025 - Fusion Media Limited. All Rights Reserved.