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    Marine Shipping
Himalaya Shipping Ltd.

Himalaya Shipping Ltd.

J1X.F
Himalaya Shipping Ltd.undefined flagFrankfurt Stock Exchange
12.92
EUR
-0.08
- -
609.11MMarket Cap
Himalaya Shipping Ltd.
J1X.F
(Frankfurt Stock Exchange)

Recent

price

12.92

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
FRC
- -
- -
0.95
2.82
2.87
3.08
Revenue per Share
- -
-0.06
0.04
0.48
0.38
0.62
Basic EPS, GAAP
- -
-2.48
-10.52
-5.86
1.12
1.31
Free Cash Flow per Basic Share
- -
- -
- -
0.47
0.58
0.81
Dividend per Share
- -
0.91
1.1
1.45
1.83
1.91
Book Value per Share
- -
2.81
3.99
3.52
3.52
3.34
Tangible Book Value per Share
- -
32
39
44
46
47
Basic Weighted Avg Shares
- -
- -
37
124
132
144
Sales/Revenue/Turnover
- -
- -
39.78
53.96
51.71
54.91
Operating Margin (%)
- -
- -
9
26
29
29
Depreciation Expense
- -
-2
2
21
18
29
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
4.09
17.07
13.42
20.28
Profit Margin (%)
10
-24
8
-9
3
-2
Working Capital
- -
60
420
690
666
660
LT Debt
92
90
154
155
162
156
Total Equity
- -
- -
3.89
9.12
7.93
9.22
Return on Invested Capital (%)
- -
- -
5.22
10.75
8.91
10.36
Return on Capital (%)
- -
-6.47
4.19
39.84
24
39.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
24
24
24
LT Borrowings
672
666
660
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
47
Market Capitalization
374
432
608

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
34
40
33
Cash, Cash Equivalents & STI
26
32
24
Accounts Receivable, Net
- -
1
1
Inventories
2
2
2
Total Current Liabilities
34
37
34
Payables & Accruals
7
8
8
ST Debt
24
24
24
Deferred Revenue
- -
- -
3

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
4.52%
Free Cash Flow
- -
- -
-120.1%
Net Income, GAAP
- -
- -
-16.11%
Sales/Revenue/Turnover
- -
- -
6.72%
Total Cash Common Dividend
- -
- -
30.58%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24
31
39
30
124
2025
22
30
38
42
132
2026
34
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.16
0.24
0.02
0.48
2025
-0.14
0.02
0.2
0.29
0.38
2026
0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.1
0.22
0.14
0.47
2025
0.02
0.07
0.22
0.27
0.58
2026
0.25
- -
- -
- -
- -
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Business
Himalaya Shipping Ltd. is a Bermuda-based independent dry bulk carrier company that owns and operates a fleet of 12 modern LNG dual-fueled Newcastlemax vessels, each with approximately 210,000 deadweight tons capacity; the vessels, named Mount Norefjell, Mount Ita, Mount Etna, Mount Blanc, Mount Matterhorn, Mount Neblina, Mount Bandeira, Mount Hua, Mount Elbrus, Mount Denali, Mount Aconcagua and Mount Emai, feature ECO hull designs, dual-fuel propulsion, nitrogen abatement systems and compatibility for future alternative fuels, enabling transport of major bulk commodities including iron ore, coal and bauxite for commodity traders, energy transition firms and multi-modal transport operators worldwide. Founded in 2021 and headquartered in Hamilton, Bermuda, the company provides time charter services globally through index-linked and fixed-rate charters, with vessels delivered from New Times Shipyard in China between March 2023 and June 2024. Recent developments include the acquisition of a 40% equity stake in 2020 Bulkers Management AS in August 2024 for operational and commercial support; a March 2025 private placement issuing 2,650,000 common shares raising net proceeds for general corporate purposes; the transfer of its Oslo listing from Euronext Expand to Euronext Oslo Bors main market under ticker HSHP on June 3, 2025; ongoing sale-and-leaseback financing arrangements with AVIC International Leasing, CCB Financial Leasing and Jiangsu Financial Leasing, entailing seven-year bareboat charters with purchase options; and a revolving credit facility with significant shareholder Drew Holdings Limited, drawn and repaid in 2025.