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Sincere Navigation Corporation (2605.TW)
TWD31.65
+1.50 (+4.98%)
TW TAI Industrials Marine Shipping
Address
No. 368, Fuxing South Road 10656
Taipei, TW
Taipei, TW
CEO
Chi-Kao Hsu
Website
snc.com.tw
IPO
2000-01-04
ISIN TW0002605003
Description
Sincere Navigation Corporation is a Taiwanese maritime transport firm that specializes in owning and operating bulk cargo vessels. Its extensive fleet encompasses dry bulk carriers, oil tankers, and specialized woodchip vessels. By December 31, 2019, the company managed a total of 17 ships, specifically comprising three Very Large Crude Carrier (VLCC) tankers and fourteen dry bulk vessels of various capacities. Sincere Navigation caters to a range of heavy industries, including coal and iron ore mining, steel production, energy, and paper manufacturing. Established in 1960, its corporate headquarters are located in Taipei City, Taiwan.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
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
TWD31.65
+1.50 (+4.98%)
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Volume Profile
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Liquidity & share structure
Average Volume
7M
Beta
0.20
Float Shares
577.73M
Free Float %
98.7%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.90% | -8.77% | -15.43% | +1.86% | +28.85% | +15.74% | +22.06% | +34.60% | +40.56% | +58.43% | +631.80% |
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
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
31.65
DCF (Unlevered)
204.57
+546.4%
DCF (Levered)
267.15
+744.1%
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)
67% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 0 | -1 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
3.09
Safe zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Marine Shipping: +2.8%-0.1% Q1'26: +44.4% (vs Q1'25)
-
EPS growth Marine Shipping: -1.4%-43.4% Q1'26: +3,200.0% (vs Q1'25)
-
FCF margin FCF growth · Marine Shipping: +26.4%+48.0% ★ Q1'26: +52.9% (vs Q1'25)
-
EBIT margin Marine Shipping: +23.2%+18.1% Q1'26: +35.3% (vs Q1'25)
-
ROIC Marine Shipping: +6.9%+5.3% Q1'26: +11.1% (vs Q1'25)
-
Share dilution Marine Shipping: +0.0%-0.4% ★ Q1'26: -11.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Marine Shipping: 1.05×1.74× ★ Q1'26: 1.19× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
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.
Consensus Estimates
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 3 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4.39B
est: 5.05B (-13.1%)
|
3.49B
est: 4.29B (-18.7%)
|
3.33B
est: 3.32B (+0.4%)
|
3.77B
est: 3.73B (+1.0%)
|
4.12B
est: 4.51B (-8.8%)
|
3.93B
est: 4.16B (-5.6%)
|
4.30B
est: 4.34B (-1.0%)
|
3.97B
est: 4.15B (-4.3%)
|
4.23B
est: 4.59B (-7.8%)
|
4.41B
est: 4.47B (-1.2%)
|
4.41B
est: 4.32B (+2.1%)
|
5.06B
4.84B – 5.18B
+17.2% YoY
|
5.33B
5.21B – 5.39B
+5.3% YoY
|
| EBITDA |
2.71B
est: 2.53B (+7.2%)
|
2.18B
est: 2.15B (+1.8%)
|
2.18B
est: 1.66B (+31.2%)
|
1.68B
est: 1.87B (-10.3%)
|
1.81B
est: 2.26B (-19.9%)
|
2.12B
est: 2.08B (+2.0%)
|
2.09B
est: 2.17B (-3.6%)
|
1.59B
est: 2.08B (-23.2%)
|
1.86B
est: 3.03B (-38.6%)
|
2.79B
est: 2.95B (-5.6%)
|
2.33B
est: 2.85B (-18.3%)
|
3.34B
3.20B – 3.42B
+17.2% YoY
|
3.52B
3.44B – 3.56B
+5.3% YoY
|
| EBIT |
1.37B
est: 903.46M (+51.6%)
|
841.79M
est: 767.07M (+9.7%)
|
904.87M
est: 593.31M (+52.5%)
|
342.04M
est: 667.69M (-48.8%)
|
441.79M
est: 807.26M (-45.3%)
|
906.04M
est: 744.40M (+21.7%)
|
888.76M
est: 776.41M (+14.5%)
|
315.65M
est: 741.99M (-57.5%)
|
425.70M
est: 1.15B (-62.8%)
|
1.22B
est: 1.11B (+9.4%)
|
796.16M
est: 1.08B (-26.1%)
|
1.26B
1.21B – 1.29B
+17.2% YoY
|
1.33B
1.30B – 1.35B
+5.3% YoY
|
| Net Income |
944.39M
est: 973.92M (-3.0%)
|
600.15M
est: 727.59M (-17.5%)
|
511.40M
est: 484.11M (+5.6%)
|
61.78M
est: 56.95M (+8.5%)
|
88.32M
est: -70.40M (+225.5%)
|
141.30M
est: 363.71M (-61.2%)
|
704.19M
est: 693.69M (+1.5%)
|
197.16M
est: 176.67M (+11.6%)
|
444.30M
est: 876.79M (-49.3%)
|
1.50B
est: 1.49B (+0.5%)
|
847.32M
est: 647.82M (+30.8%)
|
2.52B
2.29B – 2.54B
+289.6% YoY
|
1.56B
1.52B – 1.59B
-38.3% YoY
|
| SGA |
176.69M
est: 296.38M (-40.4%)
|
170.25M
est: 251.64M (-32.3%)
|
176.33M
est: 194.63M (-9.4%)
|
159.10M
est: 219.04M (-27.4%)
|
219.39M
est: 264.82M (-17.2%)
|
185.92M
est: 244.20M (-23.9%)
|
219.51M
est: 254.70M (-13.8%)
|
212.67M
est: 243.41M (-12.6%)
|
267.03M
est: 301.02M (-11.3%)
|
345.08M
est: 292.92M (+17.8%)
|
361.26M
est: 283.22M (+27.6%)
|
332.02M
317.24M – 339.61M
+17.2% YoY
|
349.52M
341.63M – 353.57M
+5.3% YoY
|
| EPS |
1.61
est: 1.66 (-3.0%)
|
1.03
est: 1.24 (-17.0%)
|
0.87
est: 0.83 (+5.4%)
|
0.11
est: 0.10 (+13.3%)
|
0.15
est: -0.12 (+225.0%)
|
0.24
est: 0.62 (-61.3%)
|
1.20
est: 1.18 (+1.5%)
|
0.34
est: 0.30 (+12.1%)
|
0.76
est: 1.50 (-49.3%)
|
2.56
est: 2.57 (-0.4%)
|
1.45
est: 1.09 (+33.2%)
|
4.17
3.92 – 4.35
+283.0% YoY
|
2.69
2.61 – 2.73
-35.6% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-11 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-08 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-07 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-06 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-05 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-04 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-04-30 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-23 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-21 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-20 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-17 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 3/5 | 4/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
2.27B
OE per share TTM
3.96
Owner's Yield
11.80%
Maintenance CapEx ratio
218.12%
Maint CapEx / Avg PPE
355.0%
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 27 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | WisdomTree Emerging Markets High Dividend Fund DEM | 0.11% | 4.34M | 0.63% |
| 2 | WisdomTree Emerging Markets Equity Income UCITS ETF - Acc DEMR.L | 0.10% | 266.1K | 0.46% |
| 3 | WisdomTree Emerging Markets Equity Income UCITS ETF DEMD.L | 0.10% | 266.1K | 0.46% |
| 4 | Avantis Emerging Markets Value ETF AVES | 0.04% | 524.8K | 0.36% |
| 5 | WisdomTree Emerging Markets SmallCap Dividend Fund DGS | 0.02% | 414.3K | 0.58% |
| 6 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.02% | 19.0K | 0.42% |
| 7 | Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L | 0.01% | 25.8K | 0.35% |
| 8 | WisdomTree Emerging Markets SmallCap Dividend UCITS ETF DGSD.L | 0.01% | 4.5K | 0.54% |
| 9 | Dimensional - Emerging Markets Value ETF DFEV | 0.01% | 185.7K | 0.46% |
| 10 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.01% | 1.03M | 0.06% |
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
1.89M
Shares Outstanding
585.35M
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
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Chi-Kao Hsu | President & Chairman | 16M | male |
| Chih-Hung Hsu | Vice President | 8M | male |
| Fu Kwok Cheng | Member of Nomination Committee | 5M | male |
| Wen Pin Luan | Chief Information Security Officer | 4M | male |
| Sung-Hui Kuo | Manager of Operation Department | — | female |
| Xiaoting Fan | Accounting Supervisor | — | — |
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
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for 2605.TW
Short-term intention
Target Price Distribution
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.
