Pan Ocean Co Ltd

Chart & Performance

D1W1MN

P/E

7.18

P/S

0.40

EPS

458.39

Div Yield, %

—

Shrs. gr., 5y

-0.01%

Rev. gr., 5y

10.32%

Revenues

4.36t

-32.08%

Net income

245.04b

-63.81%

CFO

750.79b

-46.78%

Dividend

Dec 27, 202385 KRW/sh

Earnings

May 12, 2025

Profile

Pan Ocean Co., Ltd., together with its subsidiaries, provides marine transportation and other related services worldwide. It operates through four segments: Bulk Carrier Service, Container Service, Tanker Service, and Other Shipping Services. The company offers break bulk liner services for steel, coal, wood, equipment, and machinery cargoes; tramper services for dry bulk cargo shipping, such as iron ore, coal, grain, sugar, logs, minerals, and scrap iron; large bulker services for transporting dry bulk cargo comprising grain, coal, and iron ore; and container services. It also provides tanker services for transporting palm oil, crude oil, naptha, gasoline, diesel, kerosene, jet fuel, and heavy oil; and petrochemicals, which comprise benzene, toluene, xylene, base oil, and caustic soda. In addition, the company provides liquefied natural gas carrier services; heavy lifter services for large equipment, machinery, devices, etc.; and tug boats, drill ships, barges, ocean platforms, etc. Further, it is involved in the trading and logistics of agriculture products, such as corn, soybean, wheat, and soybean meal. The company was formerly known as STX Pan Ocean Co., Ltd. and changed its name to Pan Ocean Co., Ltd. in January 2014. The company was founded in 1966 and is headquartered in Seoul, South Korea. Pan Ocean Co., Ltd. is a subsidiary of Harim Holdings Co., Ltd.

URL

https://www.panocean.com/

IPO date

Sep 21, 2007

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title KRW in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title KRW in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	4,360,982,000 -32.08%	6,420,312,000 39.08%
Cost of revenue	3,975,128,000	5,630,694,000
Unusual Expense (Income)
NOPBT	385,854,000	789,618,000
NOPBT Margin	8.85%	12.30%
Operating Taxes	3,448,000	10,886,000
Tax Rate	0.89%	1.38%
NOPAT	382,406,000	778,732,000
Net income	245,041,000 -63.81%	677,081,000 23.26%
Dividends	(80,179,000)	(53,454,000)
Dividend yield	4.02%	1.75%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	606,262,000	528,354,000
Long-term debt	3,900,601,000	3,815,004,000
Deferred revenue	16,008,000	21,685,000
Other long-term liabilities		21,685,000
Net debt	3,253,286,000	3,340,897,000
Cash flow
Cash from operating activities	750,792,000	1,410,763,000
CAPEX	(460,528,000)	(345,831,000)
Cash from investing activities	(84,447,000)	(577,439,000)
Cash from financing activities	(470,136,000)	(642,736,000)
FCF	54,218,000	381,390,000
Balance
Cash	1,035,417,000	1,032,895,000
Long term investments	218,160,000	(30,434,000)
Excess cash	1,035,527,900	681,445,400
Stockholders' equity	2,717,524,000	3,820,925,000
Invested Capital	6,130,651,100	6,186,739,600
ROIC	6.21%	13.40%
ROCE	5.38%	11.53%
EV
Common stock shares outstanding	534,570	534,570
Price	3,735.00 -34.82%	5,730.00 5.91%
Market cap	1,996,617,127 -34.82%	3,063,083,304 5.91%
EV	5,249,903,127	6,403,980,304
EBITDA	876,115,000	1,455,920,000
EV/EBITDA	5.99	4.40
Interest	122,546,000	76,058,000
Interest/NOPBT	31.76%	9.63%