Yang Ming Marine Transport Corporation (2609) Stock Price, Fundamentals & Analysis

What 2609 does

Yang Ming Marine Transport Corporation (2609) is a shipping and logistics company listed on the Taiwan Stock Exchange. Together with its subsidiaries, it provides shipping, repair, and chartering services across Taiwan, the Americas, Europe, Asia, and internationally. The company also purchases and sells ships, containers, and chassis, and acts as a property, shipping, and forwarding agent. Its services extend to warehouse and terminal operations, container haulage, stevedoring, and logistics, as well as import and export and other warehousing-related business. Yang Ming Marine Transport Corporation was incorporated in 1972 and is headquartered in Keelung, Taiwan. It operates in the same space as peers such as Wan Hai Lines Ltd. (2615) and Evergreen Marine Corporation (Taiwan) Ltd. (2603).

Key numbers explained

• 59.7 TWD is the current share price, the last traded price on the Taiwan Stock Exchange.
• +1.02% is the price change today, showing the percentage move relative to the previous close.
• The trailing P/E ratio of 13.4 divides the current price by the last 12 months of earnings per share (4.44 TWD), a common way to compare how the market values a company relative to its recent earnings.
• The forward P/E ratio of 16 uses expected future earnings instead of past earnings, which can reflect growth expectations.
• 3.35% is the dividend yield, the annual dividend per share divided by the current price, showing the cash return shareholders receive relative to the share price.
• The ex-dividend date is Jul 14, 2026, the date after which a buyer is no longer entitled to the upcoming dividend.
• A beta of 0.44 suggests the stock has historically moved less than the broader market, often interpreted as lower volatility.
• 169% is the share of earnings paid out as dividends, meaning Yang Ming Marine Transport Corporation (2609) distributes more than its trailing earnings as dividends, which can be funded from reserves or other sources.
• 208.48B TWD is the market capitalization, the total value of all outstanding shares at the current price.
• 0.64 is the price-to-book ratio, comparing the share price to the company's book value per share; a value below 1 can indicate the market values the company below its accounting net assets.

What to watch

• Shipping demand and global trade volumes, which can affect vessel utilization and freight rates.
• Fuel costs and currency movements, which influence operating expenses and the value of international revenues.
• Fleet capacity and ordering cycles, as new vessel deliveries can change supply dynamics.
• Regulatory and environmental policies, which may impact shipping routes, vessel standards, and compliance costs.
• Earnings reports and the upcoming earnings date of Nov 12, 2026, which can drive price reactions.
• Dividend policy and the payout ratio of 169%, which affects sustainability of future distributions.
• Peer comparisons with companies like Wan Hai Lines Ltd. (2615) and Evergreen Marine Corporation (Taiwan) Ltd. (2603), which operate in the same industry.