OTCMSITIY
Market cap6.69bUSD
Dec 20, Last price
25.50USD
1D
-9.28%
1Q
3.32%
IPO
172.73%
Name
SITC International Holdings Co Ltd
Chart & Performance
Profile
SITC International Holdings Company Limited, a shipping logistics company, provides integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates through two segments, Container Shipping and Logistics; and Dry Bulk and Others. The Container Shipping and Logistics segment offers container transportation, freight forwarding, shipping agency, and depot and warehousing services. The Dry Bulk and Others segment provides dry bulk vessel and land leasing, as well as air freight forwarding services. As of December 31, 2021, the company operated a fleet of 96 vessels with a total capacity of 143,115 TEU, including 68 self-owned vessels with a capacity of 103,663 TEU and 28 chartered vessels with a capacity of 39,452 TEU; and 5 dry bulk vessels with a total tonnage of 362,000 tons. It also offers container and vessel holding, and chartering; technology support; container maintenance; customs declaration; and multimodal transportation services. The company was founded in 1991 and is headquartered in Wan Chai, Hong Kong. SITC International Holdings Company Limited is a subsidiary of Resourceful Link Management Limited.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,428,959 -40.94% | 4,112,955 36.53% | 3,012,447 78.76% | |||||||
Cost of revenue | 1,941,972 | 2,299,524 | 1,847,838 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 486,987 | 1,813,431 | 1,164,609 | |||||||
NOPBT Margin | 20.05% | 44.09% | 38.66% | |||||||
Operating Taxes | 17,240 | 23,235 | 17,487 | |||||||
Tax Rate | 3.54% | 1.28% | 1.50% | |||||||
NOPAT | 469,747 | 1,790,196 | 1,147,122 | |||||||
Net income | 531,393 -72.67% | 1,944,425 67.23% | 1,162,714 230.67% | |||||||
Dividends | (751,971) | (1,574,077) | (551,911) | |||||||
Dividend yield | 2.08% | 3.38% | 0.73% | |||||||
Proceeds from repurchase of equity | (23,685) | (21,947) | (47,576) | |||||||
BB yield | 0.07% | 0.05% | 0.06% | |||||||
Debt | ||||||||||
Debt current | 155,156 | 89,670 | 131,397 | |||||||
Long-term debt | 417,218 | 670,966 | 629,064 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 2,857 | 3,114 | 2,996 | |||||||
Net debt | 66,118 | (288,302) | (219,443) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 672,213 | 2,002,565 | 1,335,209 | |||||||
CAPEX | (309,156) | (488,172) | (189,099) | |||||||
Cash from investing activities | (149,185) | (429,195) | 53,819 | |||||||
Cash from financing activities | (944,612) | (1,718,249) | (754,210) | |||||||
FCF | 363,724 | 1,484,949 | 990,144 | |||||||
Balance | ||||||||||
Cash | 431,103 | 997,111 | 951,586 | |||||||
Long term investments | 75,153 | 51,827 | 28,318 | |||||||
Excess cash | 384,808 | 843,290 | 829,282 | |||||||
Stockholders' equity | 1,594,064 | 1,804,048 | 1,158,527 | |||||||
Invested Capital | 1,919,811 | 1,831,364 | 1,225,569 | |||||||
ROIC | 25.05% | 117.12% | 90.97% | |||||||
ROCE | 21.13% | 67.80% | 56.68% | |||||||
EV | ||||||||||
Common stock shares outstanding | 2,683,110 | 2,683,157 | 2,683,105 | |||||||
Price | 13.48 -22.35% | 17.36 -38.44% | 28.20 68.06% | |||||||
Market cap | 36,168,321 -22.35% | 46,579,603 -38.44% | 75,663,553 68.11% | |||||||
EV | 36,250,961 | 46,353,552 | 75,509,202 | |||||||
EBITDA | 645,748 | 1,959,075 | 1,295,983 | |||||||
EV/EBITDA | 56.14 | 23.66 | 58.26 | |||||||
Interest | 18,753 | 17,492 | 15,663 | |||||||
Interest/NOPBT | 3.85% | 0.96% | 1.34% |