---
title: "Pacific Basin Shipping Limited (02343.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/02343.HK.md"
symbol: "02343.HK"
name: "Pacific Basin Shipping Limited"
industry: "Marine Transportation"
---

# Pacific Basin Shipping Limited (02343.HK)

| Item | Detail |
|------|--------|
| Industry | Marine Transportation |
| Location | HK Market |
| Website | [www.pacificbasin.com](https://www.pacificbasin.com) |

## 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, concentr...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-18T04:30:11.000Z

**Overall: B (0.40)**

**Industry**: Marine Transportation

| Metric | Value |
|--------|-------|
| Industry Ranking | 4 / 15 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -4.92% |  |
| Net Profit YoY | 21.59% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 1.23 |  |
| Dividend Ratio | 1.98% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 17.36B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 18.07B |  |


**Multi Score**: B

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 5.53% | C |
| Profit Margin | 4.30% | C |
| Gross Margin | 2.86% | E |

#### Growth Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -4.92% | D |
| Net Profit YoY | 21.59% | B |
| Total Assets YoY | -2.79% | D |
| Net Assets YoY | 0.07% | C |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 2326.53% | A |
| OCF YoY | -4.92% | D |

#### Operating Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.98 | A |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 22.92% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Pacific Basin Shipping Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "5.53%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.30%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "2.86%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "D",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-4.92%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "21.59%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "-2.79%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "0.07%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "2326.53%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-4.92%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "A",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.98",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "22.92%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | SITC (HK.1308) | A | A | A | B | B | A |
| 02 | LC LOGISTICS (HK.2490) | B | A | A | B | B | A |
| 03 | OOIL (HK.316) | B | A | B | B | B | B |
| 04 | PACIFIC BASIN (HK.2343) | C | D | A | B | C | B |
| 05 | JINHUI HOLDINGS (HK.137) | C | A | D | B | A | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 22.19 | 12/16 | 17.11 | 14.89 | 8.92 |
| PB | 1.23 | 11/16 | 0.95 | 0.84 | 0.63 |
| PS (TTM) | 0.95 | 7/16 | 0.74 | 0.64 | 0.45 |
| Dividend Yield | 1.98% | 8/16 | 5.36% | 2.97% | 2.54% |

## Institutional View

### Analyst Rating Distribution

> As of 2026-02-12T16:00:00.000Z

Total Analysts: **8**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 4 | 50% |
| Overweight | 1 | 13% |
| Hold | 3 | 38% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 3.36 |
| Highest Target | 3.01 |
| Lowest Target | 2.39 |

## References

- [Company Overview](https://longbridge.com/en/quote/02343.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/02343.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/02343.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.