First Ship Lease Trust

D8DU.SI : Singapore Exchange

0.041

0.00%

Share Price in SGD. As of 21 Jun 16:58:20 SGT

All

Chart

Key stats

  • 52-Week High
    SGD 0.074
  • 52-Week Low
    SGD 0.020
  • Market Cap
    SGD 72M
  • Avg Volume
    516K
  • P/E Ratio (TTM)
    Infinity
  • Forward Dividend Yield
    49.4%

Share Price Performance

D8DU.SI
Market
1 Day -2.38% -0.02%
5 Day -6.82% 0.26%
1 Month 10.81% -0.06%
6 Month -16.33% 6.22%
YTD -4.65% 2.36%
1 Year -41.43% 2.25%
5 Year -30.51% 6.42%

Beansprout Analysis

Market Analysis

Analyst Ratings

There is no analyst rating data currently available for First Ship Lease Trust.

Valuation

Price to earnings (P/E) ratio

Current P/E
Historical Average P/E
12.2

First Ship Lease Trust's current P/E ratio of ∞x is higher than its historical average P/E ratio of 12.2x.

Price to book (P/B) ratio

Current P/B
1.3
Historical Average P/B
0.5

First Ship Lease Trust's current P/B ratio of 1.3x is higher than its historical average P/B ratio of 0.5x.

Earnings

Earnings per share (EPS)

The latest earnings per share is $0.00, which is lower than the earnings per share of $0.01 in 2022.

Financials

Financial Statements

07 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

03 Aug 2023

Half Yearly Results

For period ending 30 Jun 2023

27 Jul 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

27 Mar 2024

Annual Report

For period ending 31 Dec 2023

News

Profile

Company Description

First Ship Lease Trust ("FSL Trust") is a business trust established on 19 March 2007 under the Business Trusts Act, Chapter 31A of Singapore. FSL Trust is managed by its trustee-manager, FSL Trust Management Pte Ltd which is responsible for safeguarding the interests of Unitholders and for investment and financing strategies, asset acquisition and disposal policies, and the overall management of the business of FSL Trust. The overall objective of FSL Trust is to provide long-term non-tax driven leasing services across major maritime segments. Specifically, FSL Trust engages in the business of providing leasing services on a bareboat charter basis to the international shipping industry, and owns and invests in a portfolio of lease assets across various sub-sectors of this industry. FSL Trust’s assets may be leased to international ship operators under operating leases in the form of bareboat charters, whereby each lessee has possession of the asset and pays rent to the lessor of the asset for the right to use the asset. FSL Trust may also lease its assets under finance leases. FSL Trust’s main objective is to derive a stable income stream from its portfolio of lease assets. The lease assets in FSL Trust’s portfolio will comprise long-term bareboat charters of commercial ocean-going transportation vessels to customers. Upon the listing of FSL Trust, the initial portfolio of vessels owned by FSL Trust will comprise four containerships, four product tankers, three chemical tankers and two dry bulk carriers with an average vessel age of approximately five years, and bareboat charters with an average remaining term of approximately nine years (excluding extensions and early buyout options). Moving forward, FSL Trust intends to seek additional accretive leasing transactions in order to grow its business.

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