Wan Hai Lines Ltd. (2615.TW) stock analysis

In our weekly check, Wan Hai Lines Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 6, red flags: 5.

About Wan Hai Lines Ltd.

Wan Hai Lines Ltd. is an Industrials company (Marine Shipping) based in Taiwan, listed on TAI as 2615.TW.

What our checks show for 2615.TW

Red flags

• The net margin fell by 17.1 points over 5 years, to 28.2%: the company keeps less of each sale as profit.
• The gross margin fell by 31.9 points, to 27.2%: costs are rising faster than prices.
• Analysts expect the net margin to shrink by 8.9 points from today's 28.2%.
• Revenue fell 17.6% a year over the last 3 years.
• The stock has fallen as much as 84% from a peak. Would you have held through that?

Warning signs

• Analysts expect earnings per share to shrink about 9.2% a year.
• Earnings per share fell 24% a year over the last 3 years.
• Net profit fell 24% a year over the last 3 years.
• The price swings a lot: 38.6% annual volatility. Expect large ups and downs.
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 8.2%.

Strengths

• Debt is low: 0.22x equity.
• Operating profit covers interest 18.6 times over.
• Operating cash flow is 1.22x net profit: the profit arrives as real cash.
• The company keeps 28.2% of its revenue as net profit.
• The price is 8.2 times earnings (P/E), reasonable for its growth.
• A large company: market value $10.31 billion.

Next earnings report: 2026-11-06

Similar companies

MAERSK-B.CO · 1919.HK · 2609.TW · 2603.TW · 601872.SS · 1308.HK

Questions

What grade does Wan Hai Lines Ltd. (2615.TW) have?

In our weekly check, Wan Hai Lines Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 6, red flags: 5. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2615.TW stock?

This week's biggest flags for Wan Hai Lines Ltd.: Margins falling, Gross margin falling, Margins expected to shrink. In total 11 of 25 checks show a warning or a red flag.

What does Wan Hai Lines Ltd. do?

Wan Hai Lines Ltd. is an Industrials company (Marine Shipping) based in Taiwan, listed on TAI as 2615.TW.

When does Wan Hai Lines Ltd. report earnings next?

The next earnings report is expected on 2026-11-06. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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