…
Hafnia Limited., an investment holding company, owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), and Handy Size segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. It also engages in ship owning, chartering, and provision of maritime services in the product and chemical tankers market. The company was formerly known as BW Tankers Limited and changed its name to Hafnia Limited. In January 2019. Hafnia Limited was founded in 2010 and is based in Singapore.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Hafnia Limited operates a global fleet of product tankers transporting refined oil products and related cargoes under commercial and technical management. Long-term drivers include steady refined-product trade, fleet renewal toward more efficient vessels, and charter and pool coverage that could support revenue stability. Investors may find exposure to seaborne product transport and the company's scale attractive for capturing freight-market upswings.
Key risks are volatile freight rates, regulatory and fuel-cost pressures from decarbonization, and counterparty or refinancing exposure that could hurt cash flow.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 352.23M | 778.45M | 799.53M | 758.27M | -51.10M |
| Net income | 349.66M | 774.03M | 793.27M | 751.59M | -55.49M |
| Selling general administrative | 50.45M | 50.60M | 42.82M | 37.77M | 16.01M |
| Selling and marketing expenses | - | - | 46.51M | 34.76M | 25.84M |
| Gross profit | 423.20M | 849.63M | 852.14M | 840.42M | 187.57M |
| Reconciled depreciation | 202.13M | 215.11M | 211.03M | 209.22M | 151.68M |
| Ebit | 335.83M | 830.83M | 876.91M | 849.36M | -12.10M |
| Ebitda | 543.90M | 1045.94M | 1087.94M | 1058.58M | 139.58M |
| Depreciation and amortization | 208.07M | 215.11M | 211.03M | 209.22M | 151.68M |
| Operating income | 335.83M | 805.73M | 857.95M | 823.21M | -4.86M |
| Other operating expenses | 2013.10M | 2062.92M | 1813.76M | 1103.34M | 816.07M |
| Interest expense | 59.80M | 60.55M | 77.39M | 94.23M | 45.61M |
| Tax provision | 2.50M | 4.42M | 6.25M | 6.68M | 4.39M |
| Interest income | 13.50M | 16.32M | 17.63M | 6.98M | 2.35M |
| Net interest income | -41.88M | -45.72M | -77.50M | -89.10M | -44.48M |
| Income tax expense | 2.57M | 4.42M | 6.25M | 6.68M | 4.39M |
| Total revenue | 2348.93M | 2868.65M | 2671.71M | 1926.55M | 811.22M |
| Total operating expenses | 87.37M | 43.90M | -5.81M | 17.21M | 192.43M |
| Cost of revenue | 1925.73M | 2019.02M | 1819.57M | 1086.13M | 623.64M |
| Total other income expense net | 16.40M | -27.27M | -58.42M | -64.95M | -46.25M |
| Net income from continuing ops | 339.68M | 774.03M | 793.27M | 751.59M | -55.49M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 3811.55M | 3692.67M | 3902.34M | 3962.34M | 2507.79M |
| Intangible assets | - | 0.51M | 1.29M | 2.60M | 3.57M |
| Other current assets | 60.39M | 34.59M | 34.07M | 23.13M | 9.53M |
| Total liab | 1482.17M | 1436.04M | 1681.22M | 1944.68M | 1397.18M |
| Total stockholder equity | 2329.38M | 2256.63M | 2221.12M | 2017.66M | 1110.61M |
| Other current liab | 5.18M | 123.78M | 165.30M | 115.30M | 35.87M |
| Common stock | 1092.96M | 1090.22M | 5.05M | 5.06M | 3.70M |
| Capital stock | 1093.06M | 1093.06M | 5.07M | 5.04M | 3.70M |
| Retained earnings | 846.14M | 703.35M | 629.15M | 383.53M | -125.80M |
| Good will | 0.08M | - | - | - | - |
| Other assets | - | - | -11.60M | 0.00M | - |
| Cash | 192.56M | 282.83M | 221.86M | 281.53M | 99.95M |
| Total current liabilities | 551.61M | 652.13M | 659.23M | 483.24M | 315.41M |
| Current deferred revenue | - | - | 1.96M | 4.76M | 2.02M |
| Net debt | 946.20M | 836.50M | 1066.66M | 1501.40M | 1229.58M |
| Short term debt | 192.31M | 335.42M | 266.54M | 321.50M | 248.06M |
| Short long term debt | 184.77M | 252.56M | 174.00M | 104.48M | 197.35M |
| Short long term debt total | 1138.75M | 1119.33M | 1288.52M | 1782.94M | 1329.53M |
| Other stockholder equity | -78.44M | -53.30M | 1559.37M | 1555.11M | 1227.57M |
| Total current assets | 843.87M | 897.74M | 930.07M | 878.56M | 342.54M |
| Long term investments | 395.40M | 104.44M | 84.12M | 43.18M | 18.72M |
| Net receivables | 521.91M | 486.41M | 566.75M | 483.58M | 226.42M |
| Long term debt | 863.35M | 322.82M | 398.51M | 627.33M | 938.70M |
| Inventory | 69.02M | 93.91M | 107.38M | 90.32M | 6.65M |
| Accounts payable | 354.12M | 192.93M | 219.31M | 41.69M | 29.46M |
| Accumulated other comprehensive income | 468.72M | 516.37M | 27.54M | 73.97M | 5.14M |
| Non currrent assets other | 10.00M | 89.70M | 118.03M | 0.01M | -0.00M |
| Non current assets total | 2967.68M | 2794.93M | 2972.27M | 3083.78M | 2165.25M |
| Capital lease obligations | 74.85M | 546.87M | 719.84M | 1043.48M | 195.15M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -311.43M | 29.89M | -31.67M | -179.13M | -47.88M |
| Total cashflows from investing activities | -386.76M | 29.89M | -31.68M | -179.13M | -47.88M |
| Net borrowings | -47.04M | -200.33M | -457.62M | -226.04M | -20.81M |
| Total cash from financing activities | -268.90M | -999.21M | -1086.93M | -465.13M | -59.15M |
| Net income | 349.66M | 774.03M | 793.27M | 751.59M | -55.49M |
| Change in cash | -90.27M | 61.05M | -57.80M | 126.62M | -0.60M |
| Begin period cash flow | 282.83M | 222.52M | 280.32M | 153.70M | 100.67M |
| End period cash flow | 192.56M | 283.57M | 222.52M | 280.32M | 100.08M |
| Total cash from operating activities | 562.00M | 1030.36M | 1060.81M | 770.89M | 106.44M |
| Issuance of capital stock | - | 0.00M | 9.29M | 99.24M | 0.00M |
| Depreciation | 208.07M | 215.11M | 211.03M | 209.22M | 151.68M |
| Other cashflows from investing activities | - | 78.87M | 165.36M | 270.13M | -7.50M |
| Dividends paid | 204.47M | 699.88M | 544.14M | 243.75M | 0.00M |
| Change to inventory | 25.87M | 13.55M | -17.77M | -16.09M | -1.43M |
| Change to account receivables | -15.80M | 86.14M | -139.17M | -259.62M | -37.46M |
| Sale purchase of stock | -28.47M | -49.16M | 0.00M | 0.00M | - |
| Other cashflows from financing activities | -527.21M | -49.84M | -85.18M | -93.13M | -38.34M |
| Capital expenditures | 150.49M | 49.62M | 184.39M | 447.38M | 27.03M |
| Change in working capital | 41.55M | 44.60M | 48.72M | -232.84M | -44.02M |
| Stock based compensation | 3.21M | 2.96M | 2.82M | 1.76M | 3.15M |
| Other non cash items | -37.28M | -10.76M | -1.29M | 34.48M | 46.74M |
| Free cash flow | 411.50M | 980.74M | 876.41M | 323.51M | 79.41M |
Sector: Industrials Industry: Marine Shipping
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| HAFN Hafnia Limited |
-0.47 4.79% |
9.34 | 7.18 | 12.22 | 1.78 | 1.76 | 1.98 | 5.86 |
| AMKAF AP Moeller - Maersk A/S A |
0.00 -% |
3260.59 | 13.59 | 2500.00 | 0.66 | 0.63 | 0.79 | 3.81 |
| AMKBY AP Moeller-Maersk AS |
-1.06 6.40% |
15.50 | 13.25 | 2500.00 | 0.65 | 0.63 | 0.80 | 3.88 |
| AMKBF A.P. Møller - Mærsk A/S |
-246.52 7.40% |
3086.00 | 12.94 | 2500.00 | 0.63 | 0.60 | 0.79 | 3.81 |
| ICTEF International Container Terminal Services Inc |
- -% |
12.80 | 28.04 | 22.42 | 8.70 | 17.16 | 9.66 | 15.21 |
Hafnia Limited., an investment holding company, owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), and Handy Size segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. It also engages in ship owning, chartering, and provision of maritime services in the product and chemical tankers market. The company was formerly known as BW Tankers Limited and changed its name to Hafnia Limited. In January 2019. Hafnia Limited was founded in 2010 and is based in Singapore.
| Name | Title | Year Born |
|---|---|---|
| Mr. Mikael Opstun Skov | Chief Executive Officer | 1963 |
| Mr. Perry Wouter Van Echtelt | Chief Financial Officer | NA |
| Ms. Dorte Thuesen Christensen | Vice President of Operations & Claims | NA |
| Thomas Andersen | Executive VP of IR, Research & Performance Management | NA |
| Mr. Jens Christophersen | EVP & Head of Commercial | NA |
| Mr. Soren Skibdal Winther | Vice President of Commercial | NA |
| Mr. Soren Steenberg Jensen | Chief Executive Officer | NA |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.