Hafnia Limited

Hafnia Limited

7.70
EUR
+0.03
(+0.39%)
1.22EPS
4.77P/E
2.76BMarket Cap
Nov 18Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.95
0.88
1
1.15
2.56
2.57
2.39
4.32
5.67
6.03
4.91
5.73
Basic EPS, GAAP
0.2
-0.54
0.01
-0.06
0.22
0.44
-0.16
1.69
1.68
1.63
0.73
1.42
Free Cash Flow per Basic Share
-0.46
-0.03
-0.11
0.13
-0.11
1.03
0.23
0.73
1.86
2.06
0.98
1.26
Dividend per Share
- -
- -
- -
- -
- -
0.29
- -
0.55
1.15
1.47
0.43
0.79
Book Value per Share
1.73
1.15
1.24
1.78
3.3
3.39
3.28
4.3
4.74
4.82
5.01
5.68
Tangible Book Value per Share
1.73
1.15
1.24
1.78
3.29
3.38
3.27
4.3
4.73
4.82
5.01
5.68
Basic Weighted Avg Shares
345
345
345
320
324
340
339
446
471
476
465
465
Sales/Revenue/Turnover
327
302
346
368
828
874
811
1,927
2,672
2,869
2,282
2,667
Operating Margin (%)
30.17
9.13
8.15
5.32
17.68
23.61
0.01
41.41
30.01
27.09
15.66
22.1
Depreciation Expense
47
60
54
57
132
156
152
209
211
215
202
197
Net Income, GAAP
68
-187
3
-20
72
149
-55
752
793
774
340
659
Effective Tax Rate (%)
0.04
- -
0.67
- -
1.4
1.75
- -
0.88
0.78
0.57
0.73
0.09
Profit Margin (%)
20.75
-61.73
0.86
-5.37
8.67
17.02
-6.84
39.01
29.69
26.98
14.89
24.7
Working Capital
22
-7
-90
14
15
29
27
394
272
246
272
432
LT Debt
703
661
614
613
1,235
1,128
1,083
1,455
1,025
786
910
654
Total Equity
554
367
398
571
1,119
1,148
1,112
2,009
2,228
2,263
2,330
2,650
Return on Invested Capital (%)
- -
- -
2.62
- -
7.51
7.57
- -
26.18
23.27
23.17
10.72
19.59
Return on Capital (%)
- -
- -
2.56
- -
7.2
7.76
- -
27.04
23.82
23.93
11.38
20.52
Return on Common Equity (%)
- -
-40.53
0.78
-4.08
8.49
13.13
-4.91
48.16
37.45
34.48
14.79
26.61

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
213
246
232
LT Borrowings
863
734
610
LT Finance Leases
47
45
44
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
465
466
466
Market Capitalization
2,358
3,528
3,148

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
844
1,135
1,092
Cash, Cash Equivalents & STI
104
146
271
Accounts Receivable, Net
323
670
607
Inventories
69
86
110
Total Current Liabilities
572
708
660
Payables & Accruals
356
425
414
ST Debt
213
246
232
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.96%
18.59%
2.96%
Free Cash Flow
-99.07%
71.9%
-53.43%
Net Income, GAAP
-324.43%
-328.94%
-56.12%
Sales/Revenue/Turnover
29.97%
31.18%
-20.45%
Total Cash Common Dividend
- -
- -
-71.62%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
785
831
720
533
2,869
2025
548
554
587
593
2,282
2026
671
816
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.46
0.55
0.45
0.17
1.63
2025
0.14
0.16
0.2
0.24
0.73
2026
0.39
0.6
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.37
0.44
0.41
1.47
2025
0.03
0.11
0.13
0.16
0.43
2026
0.19
0.31
- -
- -
- -

Company Description

CEO
Søren Steenberg Jensen
Full Time Employees
4,876
Sector
Transportation
Industry
Marine shipping
Address
#18-01 Mapletree Business City Singapore CE Singapore 117438
IPO Date
Nov 5, 2013
Business
Hafnia Limited Hafnia Limited (HAFNI.OL) operates as the world's largest owner and operator of product and chemical tankers, providing seaborne transportation services for clean and dirty refined oil products, vegetable oils, and easy chemicals to major national and international oil companies, chemical companies, trading firms, and utility companies; the company manages a fleet of over 200 vessels across Long Range 2 (LR2, above 115,000 DWT), Long Range 1 (LR1, 75,000-115,000 DWT), Medium Range (MR, 40,000-55,000 DWT), Handy (25,000-40,000 DWT), and Specialized (5,000-20,000 DWT) segments, complemented by a fully integrated shipping platform that includes technical management, commercial and chartering services, pool management for LR2, MR chemical, Handy chemical, and Panamax pools, and a large-scale bunker desk. Headquartered in Singapore with key offices in Copenhagen, Denmark; Houston, USA; Dubai; and India, Hafnia Limited employs nearly 5,000 people and maintains global operations serving international markets. Originally formed in 2010 through the founding of Tankers Inc. and Hafnia Management in Copenhagen, the company expanded via mergers including Hafnia Tankers with BW Tankers in 2019, listing on the Oslo Stock Exchange in 2020 and later dual-listing in the US, while establishing specialized pools and joint ventures such as with Vista Shipping and CSSC. Recent developments include entering a binding share purchase agreement in September 2025 to acquire 14.45% of TORM plc's shares from Oaktree Capital Management, enhancing its strategic positioning in the tanker sector; the company also continues fleet optimization through prior acquisitions like 32 IMO II product/chemical tankers from Chemical Tankers Inc. in 2022 and 12 LR1 vessels from Scorpio Tankers, alongside sale-and-leaseback financing deals to support expansion.

Company News

  • Hafnia Limited $HAFN Position Boosted by CWA Asset Management Group LLC

  • 13 Graham Value Dividend All-Stars (GVAS) Shine In October

  • Hafnia Limited (NYSE:HAFN) Stock Rated “Buy” by Sell-Side Analysts

  • HAFNIA LIMITED: Mandatory Notification of Trade by Primary Insider

  • Hafnia Ltd (HAFN) Stock Up 5.0% but GF Value Says Overvalued -- GF Score: 72/100

  • HAFNIA LIMITED: Share Capital Increase Registered

  • Hafnia (NYSE:HAFN) Stock Price Up 3.9% – Still a Buy?

  • HAFNIA LIMITED: Public Filing of Prospectus Supplement in Connection with the Offering

  • HAFNIA LIMITED: Completion and Pricing of Placement of Ordinary Shares

  • HAFNIA LIMITED: Acquisition of an Additional 1.7 Million TORM Shares

  • HAFNIA LIMITED: Results of Extraordinary General Meeting

  • Hafnia (NYSE:HAFN) Reaches New 12-Month High – What’s Next?

  • HAFNIA LIMITED: Acquisition of an Additional 4.5 Million TORM Shares

  • Graham Value All-Stars (GVAS) Emit 10 Brilliant September Buys

  • HAFNIA LIMITED: Ex dividend USD 0.5003 on the Oslo Stock Exchange today

  • HAFNIA LIMITED: Accelerated Vesting under Long-term Incentive Plan

  • Hafnia: Hormuz Keeps The Q4 Upside Alive

  • HAFNIA LIMITED: Completion of CEO Transition and Notice of Extraordinary General Meeting

  • Hafnia Limited (HAFN) Q2 2026 Earnings Call Transcript

  • Hafnia Q2 Earnings Call Highlights