SITC International Holdings Company Limited (SITIF)
SITC International Holdings Company Limited operates in the Marine Shipping industry of the Industrials sector, headquartered in Hong Kong, HK. The stock last traded at $5.01, up 0.00% on the session, giving a market capitalisation of $13.37B. On trailing twelve-month figures it carries a trailing P/E of 11.27, a net margin of 35.8%. Its beta of 1.07 implies it has historically moved more than the broad market.
SITC International Holdings Company Limited operates as a leading shipping and logistics enterprise, delivering comprehensive transportation and supply chain solutions. Its extensive reach covers Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and other global markets. The company's business activities are structured into two primary divisions: Container Shipping and Logistics, and Dry Bulk and Others. The Container Shipping and Logistics segment handles container transport, freight forwarding, provides shipping agency services, and manages depot and warehousing facilities. In contrast, the Dry Bulk and Others segment offers leasing for dry bulk vessels and land, alongside air freight forwarding services. As of December 31, 2021, SITC commanded a significant fleet, which included 96 container vessels with a total capacity of 143,115 TEU. This figure comprised 68 company-owned vessels (103,663 TEU) and 28 chartered vessels (39,452 TEU). Additionally, it operated 5 dry bulk vessels with a combined tonnage of 362,000 tons. Beyond these core offerings, the company's services also encompass container and vessel holding and chartering, technical assistance, container upkeep, customs clearance processes, and integrated multimodal transportation solutions. Established in 1991, SITC International Holdings Company Limited is headquartered in Wan Chai, Hong Kong, and functions as a subsidiary of Resourceful Link Management Limited.
SITC International Holdings Company Limited is most often compared with the following Industrials names: