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    Marine shipping
Wisdom Marine Lines Co., Limited.

Wisdom Marine Lines Co., Limited.

TTWSE:2637
100.50
TWD
0.00
(0.00%)
9.02EPS
8.05P/E
54.19BMarket Cap
Nov 06Next Earn
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
18
18.81
21.82
19.08
17.84
20.92
20.14
15.49
25.45
34.35
22.46
27.95
22.71
26.28
Basic EPS, GAAP
3.11
3.67
4.45
2.5
0.68
2.9
3.2
0.14
10.95
14.57
4.32
8.28
5.29
9.02
Free Cash Flow per Basic Share
7.3
10.11
10.14
9.17
6.1
8.8
8.23
5.16
18.61
19.63
7.55
11.53
8.61
12.51
Dividend per Share
1.47
1.9
2.98
2.28
0.9
0.99
1.37
1.32
1.49
5.68
6.5
2.78
5.36
2.59
Book Value per Share
41.7
52.11
54.37
48.27
41.39
43.41
41.5
35.24
46.91
63.01
60.33
70.41
64.27
66.42
Tangible Book Value per Share
41.7
52.11
54.37
48.27
41.39
43.41
41.5
35.24
46.91
63.01
60.33
70.39
64.08
66.42
Basic Weighted Avg Shares
466
504
538
563
603
634
665
729
746
746
746
746
746
747
Sales/Revenue/Turnover
8,395
9,475
11,733
10,747
10,767
13,256
13,403
11,301
18,999
25,641
16,763
20,863
16,949
19,627
Operating Margin (%)
18.48
19.1
22.15
14.99
17
26.72
24.64
12.55
43.08
46.04
20.45
33.31
23.9
33.05
Depreciation Expense
2,816
3,194
3,874
3,989
3,861
4,264
4,394
4,205
4,247
4,726
4,701
5,008
4,700
4,566
Net Income, GAAP
1,451
1,848
2,392
1,409
408
1,835
2,130
105
8,171
10,878
3,225
6,177
3,948
6,733
Effective Tax Rate (%)
0.01
0.03
0.02
0.28
0.15
1.11
0.79
12.45
0.2
0.19
0.74
0.37
0.47
0.29
Profit Margin (%)
17.28
19.51
20.38
13.11
3.79
13.84
15.89
0.93
43.01
42.42
19.24
29.61
23.3
34.3
Working Capital
-2,199
-5,915
-3,985
-8,541
-6,451
-8,698
-10,240
-5,630
-2,361
-1,239
-4,509
-1,424
-182
-637
LT Debt
36,921
38,605
47,507
44,884
47,830
47,950
41,604
45,280
37,016
31,222
26,974
24,674
21,040
23,214
Total Equity
21,060
26,768
30,496
29,060
26,131
27,986
29,274
26,301
35,018
47,031
45,030
52,555
47,973
49,574
Return on Invested Capital (%)
2.67
2.68
3.32
1.91
2.2
4.16
3.84
1.52
10.23
14.02
4.04
8.35
5.05
10.36
Return on Capital (%)
3.57
3.94
4.36
3.08
2.05
4.23
4.54
1.4
11.36
14.54
6.31
9.88
6.6
10.74
Return on Common Equity (%)
8.67
7.78
8.4
4.75
1.48
6.78
7.44
0.38
26.65
26.52
7.01
12.66
7.86
14.72

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6,135
6,177
5,051
LT Borrowings
18,638
19,687
20,921
LT Finance Leases
2,402
2,379
2,293
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
746
746
746
Market Capitalization
50,681
50,009
54,189

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,749
8,931
7,463
Cash, Cash Equivalents & STI
5,059
7,186
5,679
Accounts Receivable, Net
203
163
165
Inventories
146
117
69
Total Current Liabilities
7,931
8,128
8,100
Payables & Accruals
- -
- -
- -
ST Debt
6,135
6,177
5,051
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.79%
14.24%
-8.72%
Free Cash Flow
22.47%
48.1%
-25.36%
Net Income, GAAP
782.63%
1,533.43%
-36.08%
Sales/Revenue/Turnover
7.45%
14.83%
-18.76%
Total Cash Common Dividend
33.48%
69.25%
92.95%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,784
5,571
5,370
5,363
20,863
2025
3,510
3,806
4,527
5,420
16,949
2026
4,338
5,342
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.03
2.31
2.04
1.98
8.28
2025
-0.24
0.62
2.02
2.9
5.29
2026
1.6
2.49
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.11
2.78
2025
- -
- -
2.46
0.13
5.36
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chun-Sheng Lan
Full Time Employees
165
Sector
Transportation
Industry
Marine shipping
Address
No. 237 Fu-Hsing S. Road Taipei TPE Taiwan 10667
IPO Date
Dec 1, 2010
Website
wisdomlines.com.tw
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Business
Wisdom Marine Lines Co., Limited (2637.TW) operates as a holding company for the Wisdom Marine Group, which engages in international marine cargo transportation, primarily focused on dry bulk vessels in the handysize, supramax, and ultramax sectors; vessel management and maintenance; vessel chartering including wet lease contracts with complete crew, maintenance, and insurance; vessel leasing; and shipping agency services. The Group owns and operates a diverse fleet of 134 vessels as of December 31, 2024, encompassing bulk carriers, log carriers, tween-deckers, multi-purpose vessels, RORO ships, LPG carriers, and container ships of various sizes ranging from small handysize to capesize, serving commodities such as grains, coal, steel products, mineral sands, fertilizer, cement, wood chips, and pulp for major global trading houses and industrial clients. Founded in 1999 through Wisdom Marine Lines S.A. in Panama and incorporated as a Cayman Islands holding company in 2008, the Group maintains headquarters in Grand Cayman with key operational centers in Taipei, Taiwan; Panama City; Singapore; and subsidiaries including Wisdom Marine Lines S.A. (100% owned), Wisdom Marine International Inc. (100% owned), Well Shipmanagement and Maritime Consultant Co., Ltd. (100% owned), Wisdom Synergy Shipmanagement Pte. Ltd. (joint venture), and over 100 special-purpose subsidiaries for individual vessels; it conducts business internationally with significant presence in Asia, Europe (Netherlands, Germany, Denmark), Singapore, Japan, Hong Kong, Panama, Switzerland, and other regions. In recent developments, the Group formed Wisdom Synergy Shipmanagement Pte. Ltd. (WSSM) in December 2023 as a joint venture with Synergy Marine Group, headquartered in Singapore with operations in Taiwan and India, to provide technical management for its dry bulk fleet following prior management services entrusted to Synergy in 2022; took delivery of four newbuild eco-ships in 2024 including one kamsarmax, two supramax, and one handysize vessels while selling four older vessels (one capesize, one supramax, two handysize) for a net fleet increase of one; anticipates two additional handysize eco-ships from Japanese builder Namura in Q4 2025 compliant with Tier III NOx standards; and maintains a conservative strategy emphasizing energy-efficient fleet renewal, index-linked charters, debt reduction to 42.6%, and diversification into Swiss franc loans amid yen depreciation and high US rates.