Chinese Maritime Transport Ltd

Chart & Performance

D1W1MN

P/E

24.45

P/S

2.00

EPS

1.66

Div Yield, %

5.36%

Shrs. gr., 5y

-0.01%

Rev. gr., 5y

1.00%

Revenues

4.01b

-8.96%

Net income

328m

-57.14%

CFO

1.27b

-34.47%

Dividend

Jul 09, 20241 TWD/sh

Earnings

Mar 12, 2025

Profile

Chinese Maritime Transport Ltd., together with its subsidiaries, operates bulk carriers, and inland container transportation and terminals in Asia, the United States, Europe, and Oceania. The company owns and manages bulk vessels; and offers bulk chartering, terminal, manufacturing, ship owning, technology enterprises, and other investment services. It also provides container trucking services, such as long and short haul container drayage, shipside/dock and port container trans-loading, customers' container freight station (CFS)/container yard (CY) operation coordination, door to door delivery, real-time containers status information, and container and seal inspection services to depots and fully-owned CYs, as well as empty-container storage, cleaning, repair, other logistic support. In addition, the company offers CY, CFS, IB/OB, container maintenance and repair, reefer container, bonded and chilled warehouse facility, empty container depot, outside unbonded warehouse facility, and custom cargo closing services, as well as labor supplier services, such as labeling, sorting, picking, delivery, and bar code scan services. Further, it operates as a sales agent for Saudi Arabian Airlines in Taiwan; and provides cargo freighter charter, air cargo, passenger and ticket agency, and travel planning and reservation services, as well as travel packages. The company was formerly known as Associated Transport Inc. Chinese Maritime Transport Ltd. was founded in 1946 and is headquartered in Taipei, Taiwan.

URL

https://www.cmt.tw/

IPO date

Oct 20, 1994

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title TWD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title TWD 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	2014‑12
Income
Revenues	4,014,892 -8.96%	4,409,999 24.09%	3,553,782 13.50%
Cost of revenue	3,640,699	3,480,663	3,199,708
Unusual Expense (Income)
NOPBT	374,193	929,336	354,074
NOPBT Margin	9.32%	21.07%	9.96%
Operating Taxes	108,695	83,222	81,992
Tax Rate	29.05%	8.95%	23.16%
NOPAT	265,498	846,114	272,082
Net income	328,329 -57.14%	766,083 -26.38%	1,040,604 216.26%
Dividends	(430,516)	(529,259)	(315,975)
Dividend yield	4.29%	6.44%	2.74%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	3,815,973	2,852,628	2,785,766
Long-term debt	7,019,187	5,052,172	5,008,746
Deferred revenue			30,714
Other long-term liabilities	14,906	12,431	3,179
Net debt	4,268,688	2,580,248	2,672,387
Cash flow
Cash from operating activities	1,273,269	1,942,962	1,135,085
CAPEX	(3,226,043)	(1,394,482)	(1,070,040)
Cash from investing activities	(3,983,507)	(594,032)	(270,964)
Cash from financing activities	2,589,160	(669,178)	(1,584,976)
FCF	(2,096,353)	(694,299)	58,846
Balance
Cash	4,583,353	4,580,144	3,974,569
Long term investments	1,983,119	744,408	1,147,556
Excess cash	6,365,727	5,104,052	4,944,436
Stockholders' equity	9,183,402	11,598,239	10,428,097
Invested Capital	15,972,622	14,233,371	13,055,924
ROIC	1.76%	6.20%	2.09%
ROCE	1.63%	4.66%	1.90%
EV
Common stock shares outstanding	197,601	197,720	197,693
Price	50.80 22.26%	41.55 -28.85%	58.40 65.44%
Market cap	10,038,131 22.19%	8,215,266 -28.84%	11,545,271 65.50%
EV	14,371,731	10,804,887	14,235,143
EBITDA	1,548,867	1,911,986	1,243,318
EV/EBITDA	9.28	5.65	11.45
Interest	367,944	151,935	97,033
Interest/NOPBT	98.33%	16.35%	27.40%