SITC International Holdings Company Limited (SITIY)
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 $51.55, up 0.00% on the session, giving a market capitalisation of $13.76B. 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 comprehensive maritime logistics provider, delivering integrated transportation and supply chain solutions across key markets such as Mainland China, Hong Kong, Taiwan, Japan, and Southeast Asia, as well as internationally. Its operations are organized into two principal segments: Container Shipping and Logistics, and Dry Bulk and Others. The Container Shipping and Logistics division encompasses container transportation, freight forwarding, shipping agency services, and depot and warehousing facilities. Meanwhile, the Dry Bulk and Other Services segment offers dry bulk vessel and land leasing, alongside air freight forwarding. As of December 31, 2021, the company commanded a significant fleet of 96 vessels, boasting a total capacity of 143,115 TEUs. This fleet included 68 owned vessels, contributing 103,663 TEUs, and an additional 28 chartered vessels with a capacity of 39,452 TEUs. Furthermore, its assets comprised 5 dry bulk vessels, totaling 362,000 tons. Beyond these core services, SITC also provides container and vessel chartering and holding, technology support, container maintenance, customs declaration, and multimodal transportation solutions. Founded in 1991, the company is headquartered in Wan Chai, Hong Kong, and operates as a subsidiary of Resourceful Link Management Limited.
SITC International Holdings Company Limited is most often compared with the following Industrials names: