2343.HK vs. 1308.HK

Last updated Apr 3, 2026

Compare and contrast key facts about Pacific Basin Shipping Ltd (2343.HK) and SITC International Holdings Co Ltd (1308.HK).

Performance

2343.HK vs. 1308.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Pacific Basin Shipping Ltd (2343.HK) and SITC International Holdings Co Ltd (1308.HK). The values are adjusted to include any dividend payments, if applicable.

2343.HK vs. 1308.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
2343.HK Pacific Basin Shipping Ltd	26.18%	45.63%	-32.76%	9.17%	24.18%	102.25%	-8.52%	12.58%	-10.75%	35.20%
1308.HK SITC International Holdings Co Ltd	27.07%	50.42%	67.42%	-10.78%	-27.33%	81.87%	92.90%	36.05%	1.67%	70.60%

Returns By Period

The year-to-date returns for both investments are quite close, with 2343.HK having a 26.18% return and 1308.HK slightly higher at 27.07%. Over the past 10 years, 2343.HK has underperformed 1308.HK with an annualized return of 20.40%, while 1308.HK has yielded a comparatively higher 36.93% annualized return.

2343.HK

• 1D: -1.67%
• 1M: -17.42%
• YTD: 26.18%
• 6M: 20.99%
• 1Y: 73.32%
• 3Y*: 5.42%
• 5Y*: 18.18%
• 10Y*: 20.40%

1308.HK

• 1D: -2.21%
• 1M: 2.13%
• YTD: 27.07%
• 6M: 22.32%
• 1Y: 85.32%
• 3Y*: 43.82%
• 5Y*: 18.62%
• 10Y*: 36.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

2343.HK vs. 1308.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

2343.HK

2343.HK Risk / Return Rank: 85
2343.HK Sharpe Ratio Rank: 85
2343.HK Sortino Ratio Rank: 81
2343.HK Omega Ratio Rank: 85
2343.HK Calmar Ratio Rank: 88
2343.HK Martin Ratio Rank: 86

1308.HK

1308.HK Risk / Return Rank: 89
1308.HK Sharpe Ratio Rank: 91
1308.HK Sortino Ratio Rank: 86
1308.HK Omega Ratio Rank: 88
1308.HK Calmar Ratio Rank: 89
1308.HK Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

2343.HK vs. 1308.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacific Basin Shipping Ltd (2343.HK) and SITC International Holdings Co Ltd (1308.HK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	2343.HK	1308.HK	Difference
Sharpe ratio Return per unit of total volatility	1.66	2.20	-0.54
Sortino ratio Return per unit of downside risk	2.26	2.60	-0.34
Omega ratio Gain probability vs. loss probability	1.35	1.37	-0.03
Calmar ratio Return relative to maximum drawdown	3.85	3.98	-0.13
Martin ratio Return relative to average drawdown	9.23	12.66	-3.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

2343.HK vs. 1308.HK - Sharpe Ratio Comparison

The current 2343.HK Sharpe Ratio is 1.66, which is comparable to the 1308.HK Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of 2343.HK and 1308.HK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	2343.HK	1308.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	2.20	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.41	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.92	-0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.56	-0.56

Correlation

The correlation between 2343.HK and 1308.HK is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

2343.HK vs. 1308.HK - Dividend Comparison

2343.HK's dividend yield for the trailing twelve months is around 2.28%, less than 1308.HK's 9.85% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
2343.HK Pacific Basin Shipping Ltd	2.28%	2.88%	5.90%	12.65%	42.42%	4.90%	1.43%	2.26%	1.68%	0.00%	0.00%	0.82%
1308.HK SITC International Holdings Co Ltd	9.85%	9.69%	7.83%	16.32%	21.89%	8.51%	4.72%	4.63%	6.10%	3.37%	5.51%	5.35%

Drawdowns

2343.HK vs. 1308.HK - Drawdown Comparison

The maximum 2343.HK drawdown since its inception was -99.99%, which is greater than 1308.HK's maximum drawdown of -71.52%. Use the drawdown chart below to compare losses from any high point for 2343.HK and 1308.HK.

Drawdown Indicators

	2343.HK	1308.HK	Difference
Max Drawdown Largest peak-to-trough decline	-99.99%	-71.52%	-28.47%
Max Drawdown (1Y) Largest decline over 1 year	-19.83%	-16.33%	-3.50%
Max Drawdown (5Y) Largest decline over 5 years	-52.32%	-57.13%	+4.81%
Max Drawdown (10Y) Largest decline over 10 years	-61.45%	-57.13%	-4.32%
Current Drawdown Current decline from peak	-99.94%	-2.21%	-97.73%
Average Drawdown Average peak-to-trough decline	-79.00%	-23.37%	-55.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.27%	7.46%	+0.81%

Volatility

2343.HK vs. 1308.HK - Volatility Comparison

Pacific Basin Shipping Ltd (2343.HK) and SITC International Holdings Co Ltd (1308.HK) have volatilities of 10.43% and 10.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2343.HK	1308.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.43%	10.09%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	27.82%	23.15%	+4.67%
Volatility (1Y) Calculated over the trailing 1-year period	45.61%	40.02%	+5.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.73%	46.96%	+0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.56%	41.42%	+6.14%

Financials