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First Steamship Co., Ltd. (2601.TW)

TWD7.14 -0.06 (-0.83%)
TW TAI Industrials Marine Shipping
Address No. 237, Fuhsing South Road 106
Taipei, TW
CEO Jen-Hao Kuo
IPO 2000-01-04
ISIN TW0002601002

Explore sections of this company profile

Description

First Steamship Co., Ltd., founded in 1963 and headquartered in Taipei, Taiwan, is a diversified company with a global presence. Its core business involves operating as a shipping company, primarily focusing on dry bulk cargo transportation. The company facilitates the movement of vital commodities like iron ore, coal, and various agricultural products across Taiwan, China, and international waters. Beyond its freight operations, First Steamship offers a comprehensive suite of maritime services, including vessel management, shipping agency functions, ship chartering, and extensive crewing services such as recruiting, selecting, and training personnel. Its fleet consists of 11 vessels, specifically comprising 5 Kamsarmax, 2 Lightweight, and 4 Supramax carriers. The company's operations extend into other sectors as well. It provides automobile financial leasing and business consultation services. Furthermore, First Steamship operates department stores that retail a broad selection of consumer goods, including apparel, jewelry, cosmetics, footwear, sporting equipment, household items, and furniture. Its portfolio also encompasses significant real estate activities. This includes the leasing of commercial properties, developing and renting out retail floor space within its department stores for brands and consumers, engaging in real estate development projects, and the general rental and leasing of buildings.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD7.14 -0.06 (-0.83%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
0.20
Float Shares
722.45M
Free Float %
87.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.56% +1.55% +4.59% -3.68% -5.07% -3.50% -15.62% -41.78% -58.25% -26.01% -58.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
7.14
DCF (Unlevered) 9.46 +32.5%
DCF (Levered) 0.67 -90.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.55
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Marine Shipping: +2.8%
    -69.3% Q1'26: -51.0% (vs Q1'25)
  • EPS growth Marine Shipping: -1.4%
    -382.9% Q1'26: +87.5% (vs Q1'25)
  • FCF margin FCF growth · Marine Shipping: +26.4%
    +108.8% Q1'26: +56.9% (vs Q1'25)
  • EBIT margin Marine Shipping: +23.2%
    +6.3% Q1'26: +22.2% (vs Q1'25)
  • ROIC Marine Shipping: +6.9%
    +0.9% Q1'26: +2.9% (vs Q1'25)
  • Share dilution Marine Shipping: +0.0%
    -4.3% Q1'26: -15.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Marine Shipping: 1.05×
    1.96× Q1'26: 3.37× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.13) × ERP
WACC = 52% × Ke + 49% × Kd (4.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 9.51 Current price: 7.14
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-28 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-27 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-26 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-25 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-15 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-14 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-13 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-12 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-11 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-08 C+ 2/5 3/5 1/5 1/5 2/5 1/5 5/5
2026-05-07 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-05-06 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-05-05 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-05-04 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-04-30 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-04-29 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-24 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-22 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-21 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-20 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-17 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-16 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-13.24B
OE per share TTM
-17.00
Owner's Yield
-367.10%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
378.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 23 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
27.1K
Shares Outstanding
824.78M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chen-Fang Liu Chief Accounting Officer male
Chien-Wan Chuang Representative Director & Chief Operating Officer of Shipping male
Daniel Dai Chief Information Officer male
Hui-Chi Lin Senior Manager of Investment Division male
Jen-Hao Kuo Chairman & GM male
Qian Wan Zhuang General Manager of Sales
Ruei-Da Lin Deputy General Manager of General Administration Division male
Wai Tak Yau Chief Financial Officer male
Xing Hua Wang General Manager of Technical Department male
Yen-Ling Lin Senior Manager & Board Secretariat female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits