Wan Hai stock reports 27.52 percent Q2 revenue growth

Published on 10/07/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wan Hai stock generated TWD 42.90050 billion in Q2 2026 revenue, up 27.52 percent from Q1. Six 11,000 TEU ships carry a USD 744 million maximum price.

Wan Hai, TW0002615002, Illustration mit AI erstellt.

Wan Hai Lines Ltd. (ISIN TW0002615002) was last at TWD 111.50 on the Taiwan Stock Exchange on October 7, 2026 at 1:30 p.m. CST, unchanged from the prior close. The latest quarterly figures show revenue of TWD 42.90050 billion in Q2 2026, up 27.52 percent from TWD 33.64086 billion in Q1, according to Investing.com.

Q2 earnings improve sequentially

Wan Hai's Q2 2026 net income was TWD 11.53462 billion, compared with TWD 7.67152 billion in Q1. That represents a 50.35 percent quarter-over-quarter increase, while diluted earnings per share reached TWD 4.11, the same Investing.com page reports.

The earnings profile is important because Wan Hai operates in a freight market where vessel utilization and rates can change quickly. The Q2 revenue increase therefore provides a stronger near-term operating comparison than the unchanged share price on October 7.

Fleet investment reaches USD 744 million

Wan Hai formally signed contracts on September 10 for six 11,000 TEU containerships at Shanghai Waigaoqiao Shipbuilding. As Xinde Maritime News reported on September 15, the vessels are priced at USD 118 million to USD 124 million each, creating a combined maximum value of USD 744 million, with deliveries scheduled from 2029.

The order expands Wan Hai's Shanghai Waigaoqiao program to eight vessels, including seven 11,000 TEU ships and one 9,200 TEU vessel. The dual-fuel-ready design supports future LNG and methanol options, but the delivery schedule also leaves the company exposed to changes in fleet supply and freight rates before the ships enter service.

Consensus target stays below market price

The analyst picture is more cautious than the quarterly income statement. Investing.com lists a Buy consensus from five analysts, with an average 12-month target of TWD 106.80, a high of TWD 141 and a low of TWD 80. The average target lies 4.22 percent below the TWD 111.50 market price.

A separate FactSet survey cited by Cnyes on September 8 covered six analysts and put the median target at TWD 105, with estimates ranging from TWD 80 to TWD 141. The spread shows that shipping-cycle assumptions remain central to valuation.

Wan Hai stock remains below its yearly high

Wan Hai's TWD 111.50 price on October 7, 2026 sits between its 52-week low of TWD 73.10 and high of TWD 134.50. Market capitalization was TWD 312.9 billion and volume was 5,730,631 shares on the same date.