Jinhui Shipping & Transportation Ltd.

Jinhui Shipping & Transportation Ltd.

6.82
NOK
+0.14
(+2.10%)
0.63EPS
9.37P/E
647.50MMarket Cap
2013 Y
2014 Y
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
2.57
1.56
1.02
0.71
0.78
0.7
0.58
0.06
1.2
1.4
0.75
1.45
1.44
1.35
Basic EPS, GAAP
0.3
-1.03
-4.48
-2.24
-0.04
0.08
0.04
-0.02
1.78
-0.07
-0.5
0.22
0.11
0.06
Free Cash Flow per Basic Share
0.24
0.27
0.36
0.35
0.37
-0.02
-0.49
0.02
0.09
-0.48
-0.08
-0.2
0.06
-0.15
Dividend per Share
- -
- -
- -
- -
- -
0.02
0.02
- -
0.03
0.1
0.04
- -
0.03
- -
Book Value per Share
10.39
9.37
4.89
2.65
2.24
2.3
-5.8
-0.71
3.95
3.76
3.2
3.4
3.48
3.51
Tangible Book Value per Share
10.39
9.37
4.89
2.65
2.24
2.3
-5.81
-0.71
3.95
3.76
3.2
3.4
3.48
3.51
Basic Weighted Avg Shares
85
85
85
84
95
109
109
109
109
109
109
109
109
109
Sales/Revenue/Turnover
218
132
86
60
74
76
63
6
131
152
82
159
157
147
Operating Margin (%)
12.47
-32.44
-88.73
-63.34
7.75
10.05
0.64
-33.33
44.97
24.54
-33.74
11.75
15.19
9.62
Depreciation Expense
59
57
54
35
20
18
15
2
19
40
37
44
58
- -
Net Income, GAAP
25
-87
-379
-189
-4
9
4
-2
194
-7
-55
24
13
7
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
0.1
- -
- -
- -
- -
- -
Profit Margin (%)
11.68
-65.59
-438.85
-315.39
-5.48
11.45
7.12
-32.37
148.16
-4.67
-67.25
15.11
7.97
4.75
Working Capital
213
154
40
48
42
69
34
4
38
34
41
13
99
110
LT Debt
402
339
234
185
77
66
65
7
40
74
80
103
124
102
Total Equity
879
792
413
224
245
251
253
31
432
411
350
372
380
384
Return on Invested Capital (%)
2.32
- -
- -
- -
- -
3.28
2.42
- -
68.81
- -
- -
6.21
4.17
2.87
Return on Capital (%)
2.32
- -
- -
- -
- -
3.28
-1.85
- -
68.82
- -
- -
6.21
4.17
2.87
Return on Common Equity (%)
2.93
-10.38
-62.83
-59.3
-1.72
3.51
- -
- -
- -
-1.69
-14.47
6.65
3.34
1.82

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
27
27
26
LT Borrowings
104
95
89
LT Finance Leases
20
17
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
109
109
109
Market Capitalization
62
68
65

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
145
162
153
Cash, Cash Equivalents & STI
114
101
88
Accounts Receivable, Net
2
12
16
Inventories
3
4
3
Total Current Liabilities
45
44
43
Payables & Accruals
- -
- -
- -
ST Debt
27
27
26
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
116.82%
257.88%
2.33%
Free Cash Flow
154.92%
-68.64%
-132.02%
Net Income, GAAP
-1,024.82%
-1,918.38%
-47.74%
Sales/Revenue/Turnover
200.8%
423.95%
-0.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28
41
46
44
159
2025
39
40
40
38
157
2026
33
36
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.08
0.07
0.05
0.22
2025
0.16
-0.02
- -
-0.02
0.11
2026
0.04
0.05
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -

Company Description

CEO
Kam Wah Ng
Full Time Employees
68
Sector
Transportation
Industry
Marine shipping
Address
Yardley Commercial Building Hong Kong Hong Kong
IPO Date
Oct 24, 1994
Business
Jinhui Shipping and Transportation Limited is a Bermuda-registered, Hong Kong-based investment holding company primarily engaged in the ownership, chartering, and management of dry bulk vessels. Founded in 1987 and listed on the Oslo Stock Exchange since 1994, the company operates a modern fleet comprising approximately 25 owned vessels and 8 chartered-in vessels, including handysize, supramax, and panamax dry bulk carriers with a total carrying capacity exceeding 2 million metric tons. Its core products and services encompass ship owning, ship chartering, ship management, shipping agency services, money lending, and property investment activities, serving global markets with operations across China, Singapore, Japan, Norway, the United Arab Emirates, South Korea, and Switzerland. In recent years, Jinhui Shipping has pursued an active fleet renewal strategy focused on acquiring newer, efficient vessels while disposing of older ones to maintain competitiveness and lower average fleet age. Notably, in 2024, the company contracted the acquisition of multiple vessels, including a 2012-built Capesize and a 2019-built Panamax, alongside two newbuild Ultramax vessels scheduled for delivery in 2026 and 2027. This fleet expansion and renewal coincided with a significant rebound in dry bulk market freight rates, resulting in a doubling of revenue to approximately $115 million for the first nine months of 2024 and a return to profitability with consolidated net profit of $18.8 million over the same period. The company has also reported improved earnings performance in 2025, achieving a nine-month net profit of $15 million despite a slight contraction in chartering revenue attributed to a reduced fleet size. Jinhui Shipping's strategy emphasizes reliability, integrity, and teamwork, supported by a highly experienced ship management team and reliable crew. It focuses primarily on the dry bulk shipping sector, providing transportation services for commodities while expanding fleet capacity through acquisitions and charter-in arrangements. The company operates under the majority ownership of Jinhui Holdings Limited and maintains its headquarters in Hong Kong. Its recent operational developments highlight a robust commitment to fleet modernization and optimization, aligning with global market demand trends for dry bulk marine transportation services.