Hafnia Ltd. | Mid-cap | Industrials
$5.24
-3.85%
| Hafnia Stock Comparison:
Hafnia vs KirbyHafnia vs MatsonHafnia vs Zim IntegratedHafnia vs Star Bulk CarriersHafnia vs BW LPGHafnia vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.9B
Gross Profit 849.6M 29.62%
Operating Income 777.2M 27.09%
Net Income 774.0M 26.98%
EPS (Diluted) $1.50

Balance Sheet Metrics

Total Assets 3.7B
Total Liabilities 1.4B
Shareholders Equity 2.3B
Debt to Equity 0.64

Cash Flow Metrics

Operating Cash Flow 1.1B
Free Cash Flow 980.7M

Revenue & Profitability Trend

Hafnia Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 2.9B 2.7B 1.9B 811.2M 874.1M
Cost of Goods Sold 2.0B 1.8B 1.1B 775.3M 635.0M
Gross Profit 849.6M 852.1M 840.4M 35.9M 239.1M
Operating Expenses 72.4M 50.3M 42.7M 35.8M 32.7M
Operating Income 777.2M 801.9M 797.7M 78.0K 206.4M
Pre-tax Income 778.5M 799.5M 758.3M -51.1M 151.4M
Income Tax 4.4M 6.3M 6.7M 4.4M 2.7M
Net Income 774.0M 793.3M 751.6M -55.5M 148.8M
EPS (Diluted) $1.50 $1.56 $1.54 -$0.15 $0.41

Income Statement Trend

Hafnia Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 900.1M 932.8M 874.8M 372.5M 280.8M
Non-Current Assets 2.8B 3.0B 3.1B 2.2B 2.3B
Total Assets 3.7B 3.9B 3.9B 2.5B 2.5B
Liabilities
Current Liabilities 653.8M 661.2M 481.2M 345.3M 251.7M
Non-Current Liabilities 786.0M 1.0B 1.5B 1.1B 1.1B
Total Liabilities 1.4B 1.7B 1.9B 1.4B 1.4B
Equity
Total Shareholders Equity 2.3B 2.2B 2.0B 1.1B 1.1B

Balance Sheet Composition

Hafnia Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 774.0M 793.3M 751.6M -55.5M 148.8M
Operating Cash Flow 1.1B 933.9M 782.6M 104.8M 428.7M
Investing Activities
Capital Expenditures 7.5M -41.6M -191.3M 2.5M -35.7M
Investing Cash Flow 17.5M -45.8M -184.9M -48.4M -50.4M
Financing Activities
Dividends Paid -699.9M -544.1M -243.7M 0 -98.3M
Financing Cash Flow -958.5M -1.0B -375.2M -25.9M -301.8M
Free Cash Flow 980.7M 876.4M 323.5M 79.4M 349.9M

Cash Flow Trend

Hafnia Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 4.37
Forward P/E 6.10
Price to Book 1.15
Price to Sales 1.02
PEG Ratio -1.37

Profitability Ratios

Profit Margin 23.47%
Operating Margin 13.77%
Return on Equity 26.66%
Return on Assets 10.20%

Financial Health

Current Ratio 1.23
Debt to Equity 46.81
Beta -0.11

Per Share Data

EPS (TTM) $1.20
Book Value per Share $4.57
Revenue per Share $5.18

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
hafn 2.7B 4.37 1.15 26.66% 23.47% 46.81
Kirby 6.4B 22.50 1.94 8.96% 9.02% 0.38
Matson 3.6B 7.36 1.37 20.48% 14.72% 26.81
Zim Integrated 2.1B 0.90 0.53 72.44% 26.52% 148.29
Star Bulk Carriers 2.0B 8.90 0.81 11.09% 18.62% 57.83
BW LPG 1.8B 6.47 1.03 17.41% 7.63% 58.91

Financial data is updated regularly. All figures are in the company's reporting currency.