Hafnia Ltd

Hafnia Ltd

HAFNI · OL · Industrials / Marine Shipping

91.15NOK+0.70 (+0.77%)

Price History

Full chart

Market Stats

Previous Close90.45
Open91.30
Day Range90.35 – 92.30
52-Week Range46.01 – 106.00
Volume414.58K
Market Cap51.66B
P/E (TTM)7.60
Forward P/E7.66
EPS12.70
Dividend Yield11.30%
Beta-0.27
50-Day Avg91.17
200-Day Avg76.42

About

Hafnia Limited., an investment holding company, owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), and Handy Size segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. It also engages in ship owning, chartering, and provision of maritime services in the product and chemical tankers market. The company was formerly known as BW Tankers Limited and changed its name to Hafnia Limited. In January 2019. Hafnia Limited was founded in 2010 and is based in Singapore.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Soren Steenberg Jensen
  • Employees4.00K
  • Headquarters#18-01 Mapletree Business City, Singapore, Singapore, 117438, Norway
  • Websitehttps://hafnia.com

Leadership

  • Mr. Perry Wouter Van EchteltChief Financial Officer
  • Mr. Soren Steenberg JensenChief Executive Officer
  • Ms. Dorte Thuesen ChristensenVice President of Operations & Claims
  • Thomas AndersenExecutive VP of IR, Research & Performance Management
  • Mr. Soren Skibdal WintherVice President of Commercial

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue326.78M302.31M346.48M368.39M827.86M874.10M811.22M1.83B2.67B2.87B2.28B
Growth (%)--7.49%+14.61%+6.32%+124.72%+5.59%-7.19%+125.90%+45.79%+7.37%-20.45%
Cost of Revenue228.19M274.72M318.24M350.38M646.54M634.98M775.32M992.12M1.61B2.02B1.84B
Gross Profit98.58M27.59M28.24M18.01M181.31M239.12M35.89M840.42M1.06B849.63M438.21M
Gross Margin30.17%9.13%8.15%4.89%21.90%27.36%4.42%45.86%39.79%29.62%19.20%
Operating Expense12.10M891.00K-1.65M-1.14M35.71M45.55M43.06M17.21M205.22M43.90M68.62M
Operating Income86.48M26.70M29.89M19.15M145.60M193.57M-7.16M823.21M857.95M805.73M369.59M
Operating Margin26.47%8.83%8.63%5.20%17.59%22.14%-0.88%44.92%32.11%28.09%16.20%
EBITDA143.60M-108.05M83.43M68.61M271.26M354.82M139.58M1.06B1.09B992.32M594.07M
EBITDA Margin43.94%-35.74%24.08%18.62%32.77%40.59%17.21%57.77%40.72%34.59%26.03%
Net Income67.81M-186.61M2.96M-19.78M71.73M148.78M-55.49M751.59M793.27M774.03M339.68M
Net Income Margin20.75%-61.73%0.86%-5.37%8.67%17.02%-6.84%41.01%29.69%26.98%14.89%
Interest Expense17.02M18.97M26.26M31.50M67.01M46.95M39.00M93.56M77.39M52.38M49.77M
Interest Expense % of Total Revenue5.21%6.28%7.58%8.55%8.09%5.37%4.81%5.11%2.90%1.83%2.18%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.36B1.14B1.22B1.31B2.68B2.54B2.51B3.92B3.91B3.73B3.81B
Total Liabilities801.71M775.63M821.94M743.00M1.56B1.40B1.40B1.91B1.69B1.47B1.48B
Total Equity554.11M366.79M397.82M571.08M1.12B1.15B1.11B2.01B2.23B2.26B2.33B
Cash24.96M37.21M41.37M52.46M91.61M100.57M100.08M174.44M141.62M195.27M88.97M
Total Debt770.70M730.27M771.87M689.98M1.45B1.31B1.33B1.78B1.29B1.12B-
Net Debt745.74M693.07M730.50M637.52M1.36B1.21B1.23B1.60B1.15B926.98M944.52M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow133.99M99.90M81.36M59.67M242.83M398.47M106.44M770.89M1.06B1.03B602.89M
Investing Cash Flow-293.67M-51.65M-117.82M-16.99M-282.43M-50.56M-47.88M-179.13M-31.68M29.89M-363.72M
Financing Cash Flow154.13M-36.00M40.62M-31.59M45.22M-338.86M-59.15M-465.13M-1.09B-999.21M-330.17M
Capital Expenditure293.78M111.67M117.92M17.25M279.01M48.60M27.03M447.38M184.39M49.62M146.20M
Free Cash Flow-159.79M-11.77M-36.56M42.42M-36.19M349.88M79.41M323.51M876.41M980.74M456.69M
Dividends Paid-30.95M98.32M98.32M98.32M98.32M243.75M243.75M544.14M699.88M198.64M
FCF to OCF-119.26%-11.78%-44.94%71.09%-14.90%87.80%74.60%41.97%82.62%95.18%75.75%
Dividend Paid to FCF--262.93%-268.89%231.77%-271.71%28.10%306.96%75.34%62.09%71.36%43.50%

Earnings

Report DateJun 16, 2014Sep 30, 2014Dec 1, 2014Mar 17, 2015May 13, 2015Aug 18, 2015Nov 18, 2015Mar 11, 2016May 20, 2016Aug 19, 2016Nov 11, 2016Mar 17, 2017May 18, 2017Aug 18, 2017Nov 16, 2017Mar 21, 2018May 9, 2018Aug 21, 2018Nov 22, 2018Mar 25, 2019May 20, 2019Aug 28, 2019Nov 26, 2019Feb 25, 2020May 25, 2020Aug 27, 2020Nov 19, 2020Mar 7, 2021May 25, 2021Aug 30, 2021Nov 17, 2021Mar 14, 2022May 23, 2022Aug 26, 2022Nov 21, 2022Feb 27, 2023May 19, 2023Aug 24, 2023Nov 17, 2023Mar 5, 2024May 15, 2024Aug 23, 2024Nov 27, 2024Feb 27, 2025May 15, 2025Aug 27, 2025Dec 1, 2025Feb 26, 2026May 27, 2026Aug 28, 2026Nov 18, 2026
EPS Estimate---0.160.220.210.400.330.230.14-0.09-0.21--0.02-0.08-0.22-0.10-0.12-0.28-0.030.10-0.04-0.111.341.892.780.25-0.34-0.46-0.17-0.51-0.010.013.225.545.444.883.682.883.464.845.123.981.881.521.492.011.932.904.740.30
EPS Actual0.03-0.11-0.040.150.260.260.390.240.220.11-0.04-0.050.11-0.07-0.16-0.120.01-0.24-0.31-0.040.000.03-0.271.122.102.320.02-0.36-0.31-0.24-0.53-0.040.053.825.375.594.724.083.173.664.695.344.351.461.321.511.802.252.714.41-
Surprise----6.25%18.18%23.81%-2.50%-27.27%-4.35%-21.43%55.56%76.19%--250.00%-100.00%45.45%110.00%-100.00%-10.71%-33.33%-99.20%175.00%-147.91%-16.42%11.11%-16.55%-92.00%-5.88%32.61%-41.18%-3.92%-273.83%400.00%18.63%-3.07%2.76%-3.28%10.87%10.07%5.78%-3.10%4.30%9.30%-22.34%-13.16%1.34%-10.45%16.58%-6.55%-6.96%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap51.66B
Enterprise Value57.59B
Trailing P/E7.60
Forward P/E7.66
Price / Sales19.37
Price / Book2.13
EPS12.70
Book Value49.66
Revenue (TTM)2.67B
Gross Profit (TTM)850.78M
EBITDA719.41M
Profit Margin24.70%
Operating Margin29.51%
Return on Equity26.61%
Return on Assets9.65%
Shares Outstanding535.33M
Shares Float242.00M
Beta-0.27
Dividend Yield11.30%
Dividend Rate10.70
Payout Ratio112.17%

Dividends

20263×
4.64Sep 7, 20262.68Jun 3, 20261.71Mar 5, 2026
20254×
1.49Dec 8, 20251.21Sep 3, 20251.04May 22, 20250.32Mar 6, 2025
20244×
4.19Dec 5, 20244.29Sep 2, 20243.68May 22, 20242.54Mar 11, 2024
20234×
2.21Nov 23, 20232.69Aug 31, 20233.36May 25, 20233.30Mar 3, 2023
20223×
2.77Nov 25, 20221.87Sep 1, 20220.20May 27, 2022
20203×
0.94Sep 2, 20201.04May 28, 20200.54Mar 2, 2020