First Steamship Co., Ltd. Logo

First Steamship Co., Ltd.

2601.TW

(1.0)
Stock Price

7,77 TWD

-4.81% ROA

-17.42% ROE

-4.45x PER

Market Cap.

7.249.781.040,00 TWD

105.83% DER

0% Yield

-31.74% NPM

First Steamship Co., Ltd. Stock Analysis

First Steamship Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

First Steamship Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.66x), the stock offers substantial upside potential at a bargain price.

2 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

3 Buffet Intrinsic Value

The company's stock seems undervalued (93) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

4 ROE

The stock's ROE indicates a negative return (-4.95%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-1.52%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 DER

The stock is burdened with a heavy load of debt (178%), making it financially unstable and potentially risky for investors.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

First Steamship Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

First Steamship Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

First Steamship Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

First Steamship Co., Ltd. Revenue
Year Revenue Growth
2006 4.727.848.000
2007 9.797.537.000 51.74%
2008 15.615.087.000 37.26%
2009 18.012.524.000 13.31%
2010 21.366.523.000 15.7%
2011 26.871.131.000 20.49%
2012 29.506.644.000 8.93%
2013 8.122.044.000 -263.29%
2014 8.768.625.000 7.37%
2015 8.496.807.000 -3.2%
2016 7.616.305.000 -11.56%
2017 7.297.447.000 -4.37%
2018 8.043.875.000 9.28%
2019 8.132.005.000 1.08%
2020 6.441.828.000 -26.24%
2021 6.925.974.000 6.99%
2022 6.326.043.000 -9.48%
2023 4.974.968.000 -27.16%
2023 5.501.923.000 9.58%
2024 4.785.592.000 -14.97%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

First Steamship Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

First Steamship Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 4.616.841.000 100%
2013 5.090.975.000 9.31%
2014 0 0%
2015 0 0%
2016 0 0%
2017 4.283.028.000 100%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 -1.367.284.000 100%
2024 -1.381.744.000 1.05%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

First Steamship Co., Ltd. EBITDA
Year EBITDA Growth
2006 831.423.000
2007 1.864.945.000 55.42%
2008 3.740.066.000 50.14%
2009 2.740.318.000 -36.48%
2010 2.951.040.000 7.14%
2011 2.782.823.000 -6.04%
2012 2.870.439.000 3.05%
2013 2.155.203.000 -33.19%
2014 2.302.760.000 6.41%
2015 531.124.000 -333.56%
2016 864.918.000 38.59%
2017 2.254.743.000 61.64%
2018 1.865.922.000 -20.84%
2019 5.024.188.000 62.86%
2020 2.447.903.000 -105.24%
2021 3.089.122.000 20.76%
2022 3.237.993.000 4.6%
2023 1.867.540.000 -73.38%
2023 1.806.879.000 -3.36%
2024 2.084.628.000 13.32%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

First Steamship Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 1.154.904.000
2007 2.291.825.000 49.61%
2008 4.636.266.000 50.57%
2009 3.987.235.000 -16.28%
2010 4.113.172.000 3.06%
2011 5.856.745.000 29.77%
2012 6.173.729.000 5.13%
2013 6.039.789.000 -2.22%
2014 6.652.111.000 9.2%
2015 6.258.106.000 -6.3%
2016 5.464.588.000 -14.52%
2017 5.267.260.000 -3.75%
2018 5.732.551.000 8.12%
2019 5.459.840.000 -4.99%
2020 3.619.694.000 -50.84%
2021 4.441.695.000 18.51%
2022 4.318.727.000 -2.85%
2023 3.212.812.000 -34.42%
2023 2.041.187.000 -57.4%
2024 1.572.124.000 -29.84%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

First Steamship Co., Ltd. Net Profit
Year Net Profit Growth
2006 325.650.000
2007 794.708.000 59.02%
2008 2.273.809.000 65.05%
2009 1.006.167.000 -125.99%
2010 1.050.482.000 4.22%
2011 545.501.000 -92.57%
2012 486.474.000 -12.13%
2013 -291.167.000 267.08%
2014 -19.539.000 -1390.18%
2015 -1.488.477.000 98.69%
2016 -1.086.240.000 -37.03%
2017 564.961.000 292.27%
2018 6.400.000 -8727.52%
2019 1.404.377.000 99.54%
2020 -321.142.000 537.31%
2021 53.095.000 704.84%
2022 -355.430.000 114.94%
2023 -878.684.000 59.55%
2023 -1.669.494.000 47.37%
2024 -26.196.000 -6273.09%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

First Steamship Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 1
2007 3 50%
2008 7 71.43%
2009 3 -133.33%
2010 3 0%
2011 2 -200%
2012 2 0%
2013 -1 0%
2014 0 0%
2015 -4 100%
2016 -3 -50%
2017 1 0%
2018 0 0%
2019 2 100%
2020 0 0%
2021 0 0%
2022 0 0%
2023 -1 100%
2023 -2 50%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

First Steamship Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 -1.221.474.000
2007 -1.058.734.000 -15.37%
2008 2.095.198.000 150.53%
2009 470.109.000 -345.68%
2010 284.003.000 -65.53%
2011 -783.810.000 136.23%
2012 -785.242.000 0.18%
2013 245.214.000 420.23%
2014 -1.132.303.000 121.66%
2015 -3.578.430.000 68.36%
2016 -1.303.788.000 -174.46%
2017 -1.242.765.000 -4.91%
2018 -77.293.000 -1507.86%
2019 785.930.000 109.83%
2020 -1.164.440.000 167.49%
2021 1.611.610.000 172.25%
2022 307.926.000 -423.38%
2023 32.623.000 -843.89%
2023 1.366.914.000 97.61%
2024 249.357.000 -448.18%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

First Steamship Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 1.257.612.000
2007 1.688.228.000 25.51%
2008 3.325.103.000 49.23%
2009 2.966.664.000 -12.08%
2010 3.007.931.000 1.37%
2011 2.164.532.000 -38.96%
2012 3.057.508.000 29.21%
2013 1.404.476.000 -117.7%
2014 973.986.000 -44.2%
2015 -2.027.664.000 148.03%
2016 921.204.000 320.11%
2017 1.092.962.000 15.71%
2018 916.836.000 -19.21%
2019 2.084.751.000 56.02%
2020 200.141.000 -941.64%
2021 2.549.912.000 92.15%
2022 528.428.000 -382.55%
2023 55.555.000 -851.18%
2023 1.707.138.000 96.75%
2024 267.130.000 -539.07%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

First Steamship Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 2.479.086.000
2007 2.746.962.000 9.75%
2008 1.229.905.000 -123.35%
2009 2.496.555.000 50.74%
2010 2.723.928.000 8.35%
2011 2.948.342.000 7.61%
2012 3.842.750.000 23.28%
2013 1.159.262.000 -231.48%
2014 2.106.289.000 44.96%
2015 1.550.766.000 -35.82%
2016 2.224.992.000 30.3%
2017 2.335.727.000 4.74%
2018 994.129.000 -134.95%
2019 1.298.821.000 23.46%
2020 1.364.581.000 4.82%
2021 938.302.000 -45.43%
2022 220.502.000 -325.53%
2023 22.932.000 -861.55%
2023 340.224.000 93.26%
2024 17.773.000 -1814.27%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

First Steamship Co., Ltd. Equity
Year Equity Growth
2006 3.289.959.000
2007 4.616.103.000 28.73%
2008 7.178.061.000 35.69%
2009 8.123.553.000 11.64%
2010 8.854.107.000 8.25%
2011 11.300.851.000 21.65%
2012 13.376.374.000 15.52%
2013 13.736.949.000 2.62%
2014 14.670.813.000 6.37%
2015 12.867.689.000 -14.01%
2016 10.663.148.000 -20.67%
2017 12.926.642.000 17.51%
2018 13.079.712.000 1.17%
2019 13.258.758.000 1.35%
2020 12.111.345.000 -9.47%
2021 13.259.050.000 8.66%
2022 13.645.065.000 2.83%
2023 10.946.646.000 -24.65%
2023 13.349.835.000 18%
2024 11.410.746.000 -16.99%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

First Steamship Co., Ltd. Assets
Year Assets Growth
2006 8.041.551.000
2007 12.738.875.000 36.87%
2008 15.555.252.000 18.11%
2009 20.471.178.000 24.01%
2010 21.934.303.000 6.67%
2011 26.569.875.000 17.45%
2012 29.713.005.000 10.58%
2013 33.856.762.000 12.24%
2014 39.136.682.000 13.49%
2015 40.149.460.000 2.52%
2016 35.846.732.000 -12%
2017 35.018.731.000 -2.36%
2018 34.475.093.000 -1.58%
2019 38.269.765.000 9.92%
2020 36.403.562.000 -5.13%
2021 38.987.376.000 6.63%
2022 35.765.586.000 -9.01%
2023 35.368.953.000 -1.12%
2023 38.962.626.000 9.22%
2024 35.659.732.000 -9.26%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

First Steamship Co., Ltd. Liabilities
Year Liabilities Growth
2006 4.751.592.000
2007 8.122.772.000 41.5%
2008 8.377.191.000 3.04%
2009 12.347.625.000 32.16%
2010 13.080.196.000 5.6%
2011 15.269.024.000 14.34%
2012 16.336.631.000 6.54%
2013 20.119.813.000 18.8%
2014 24.465.869.000 17.76%
2015 27.281.771.000 10.32%
2016 25.183.584.000 -8.33%
2017 22.092.089.000 -13.99%
2018 21.395.381.000 -3.26%
2019 25.011.007.000 14.46%
2020 24.292.217.000 -2.96%
2021 25.728.326.000 5.58%
2022 22.120.521.000 -16.31%
2023 24.422.307.000 9.42%
2023 25.612.791.000 4.65%
2024 24.248.986.000 -5.62%

First Steamship Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.22
Net Income per Share
-1.98
Price to Earning Ratio
-4.45x
Price To Sales Ratio
1.41x
POCF Ratio
6.23
PFCF Ratio
7.22
Price to Book Ratio
0.79
EV to Sales
4.75
EV Over EBITDA
13.69
EV to Operating CashFlow
20.95
EV to FreeCashFlow
24.28
Earnings Yield
-0.22
FreeCashFlow Yield
0.14
Market Cap
7,25 Bil.
Enterprise Value
24,38 Bil.
Graham Number
22.24
Graham NetNet
-25.13

Income Statement Metrics

Net Income per Share
-1.98
Income Quality
-0.69
ROE
-0.17
Return On Assets
-0.05
Return On Capital Employed
-0.01
Net Income per EBT
0.78
EBT Per Ebit
6.18
Ebit per Revenue
-0.07
Effective Tax Rate
-0.03

Margins

Sales, General, & Administrative to Revenue
-0.12
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.5
Operating Profit Margin
-0.07
Pretax Profit Margin
-0.41
Net Profit Margin
-0.32

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
1.41
Free CashFlow per Share
1.22
Capex to Operating CashFlow
0.14
Capex to Revenue
0.03
Capex to Depreciation
0.08
Return on Invested Capital
-0.02
Return on Tangible Assets
-0.05
Days Sales Outstanding
23.27
Days Payables Outstanding
124.67
Days of Inventory on Hand
274.74
Receivables Turnover
15.69
Payables Turnover
2.93
Inventory Turnover
1.33
Capex per Share
0.19

Balance Sheet

Cash per Share
2,79
Book Value per Share
13,83
Tangible Book Value per Share
11.7
Shareholders Equity per Share
11.13
Interest Debt per Share
12.87
Debt to Equity
1.06
Debt to Assets
0.27
Net Debt to EBITDA
9.62
Current Ratio
0.5
Tangible Asset Value
9,65 Bil.
Net Current Asset Value
-19,42 Bil.
Invested Capital
21055058000
Working Capital
-4,79 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,38 Bil.
Average Payables
0,95 Bil.
Average Inventory
1953260500
Debt to Market Cap
1.34

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

First Steamship Co., Ltd. Dividends
Year Dividends Growth
2008 1
2009 1 0%
2010 1 0%
2011 1 0%
2012 0 0%
2013 0 0%
2015 0 0%
2019 0 0%
2020 0 0%

First Steamship Co., Ltd. Profile

About First Steamship Co., Ltd.

First Steamship Co., Ltd. operates as a shipping company in Taiwan, China, and internationally. It engages in dry bulk carrier shipping operations that include the transportation of various bulk commodities comprising iron ores, coal, and agricultural products. The company also offers vessel management; shipping agency; vessel leasing; crewing services, such as crewmember recruitment, selection, and training; and automobile financial leasing and business consultation services. It owns and operates 11 vessels, including 5 kamsarmax, 2 lightweight, and 4 supramax vessels. In addition, the company operates department stores that sell apparel, jewelry, cosmetics, footwear, sporting goods, household, furniture, etc. Further, it is involved in the leasing of commercial real estate, as well as setting up department store floor space for brand operators and end consumers; real estate development activities; and rental and leasing of buildings. The company was incorporated in 1963 and is headquartered in Taipei, Taiwan.

CEO
Mr. Jen-Hao Kuo
Employee
3.435
Address
No. 237, Fuhsing South Road
Taipei, 106

First Steamship Co., Ltd. Executives & BODs

First Steamship Co., Ltd. Executives & BODs
# Name Age
1 Mr. Hui-Chi Lin
Senior Manager of Investment Division
70
2 Ms. Yen-Ling Lin
Senior Manager & Board Secretariat
70
3 Mr. Jen-Hao Kuo
Chairman & GM
70
4 Mr. Chien-Wan Chuang
Representative Director & Chief Operating Officer of Shipping
70
5 Mr. Ko-Hua Chu
Senior Manager of Treasury Dept
70
6 Qian Wan Zhuang
General Manager of Sales
70
7 Mr. Xing Hua Wang
General Manager of Technical Department
70
8 Mr. Wai Tak Yau
Representative Director, Chief Financial Officer, Chief Accounting Officer & Corporate Governance officer
70
9 Mr. Ruei-Da Lin
Deputy General Manager of General Administration Division
70
10 Mr. Daniel Dai
Chief Information Officer
70

First Steamship Co., Ltd. Competitors