Jinhui Shipping & Transportation Ltd. · OSL:JIN
Jinhui Shipping & Transportation — Q2 2026 Earnings Presentation
21 slides from Jinhui Shipping & Transportation's earnings presentation, Aug 27, 2026
Slide 1: Q2 and First Half 2026 Financial Results
Jinhui Shipping and Transportation Limited Q2 and First Half 2026 Financial Results Quarterly Presentation | 27 August 2026
Slide 2: Disclaimer
Disclaimer This presentation may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including the Company’ management's examination of historical operating trends. Although the Company believes that the
Slide 3: Highlights
Highlights Current quarter performance | Q2 2026 2Q 2026 • Revenue for the quarter: US$36 million • EBITDA for the quarter: US$17 million • Net profit for the quarter: US$5 million 1H 2026 • Basic earnings per share: US$0.048 • Revenue for the period: US$69 million • EBITDA for the period: US$34 mil
Slide 4: Q2 2026 Highlights
Q2 2026 Highlights Key performance indicators for the quarter ended 30 June 2026 US$M US$M US$ 50 6 20,000 40 4 15,000 30 2 10,000 20 0 10 5,000 -2 0 -4 0 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 US$36.5M US$5.3M US$18,015 Revenue Net Profit Average Daily TCE EBITDA margin resilient at 19.5%
Slide 5: 1H 2026 Highlights
1H 2026 Highlights Key performance indicators for the six months ended 30 June 2026 US$M US$M US$ 100 20 20,000 80 15 15,000 60 10 10,000 40 20 5 5,000 0 0 0 1H 2026 1H 2025 1H 2026 1H 2025 1H 2026 1H 2025 US$69.3M US$9.6M US$17,150 Revenue Net Profit Average Daily TCE EBITDA margin resilient at 19.
Slide 6: Q2 and 1H 2026 Highlights
Q2 and 1H 2026 Highlights The Group reported consolidated net profit of US$5.3 million for the current quarter while chartering revenue declined by 9% to US$36.5 million comparing with Q2 2025. Revenue for the first half of 2026 decreased 13% to US$69.3 million while consolidated net profit decrease
Slide 7: Q2 and 1H 2026 Highlights
Q2 and 1H 2026 Highlights Daily running costs of owned vessels decreased from Q2 2025 of US$6,719 to Q2 2026 of US$5,407, representing a decrease of 20%. Finance cost decreased from US$2.1 million for the Q2 2025 to US$1.8 million for the Q2 2026, primarily attributable to the lower market interest
Slide 8: Financial Highlights
Financial Highlights For the quarter ended and six months ended 30 June 2026 US$’000 Q2 2026 Q2 2025 1H 2026 1H 2025 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) US$’000 US$’000 Revenue 36,460 40,242 69,252 79,546 157,489 Net loss on disposal of owned vessels - (2,436) - (2,436) (9
Slide 9: Key Financial Ratios
Key Financial Ratios As at 30 June 2026 Q2 2026 Q2 2025 2025 (Unaudited) (Unaudited) (Audited) Total assets (US$’000) 528,991 549,077 549,734 Total equity (US$’000) 383,612 382,854 380,269 Total borrowings (US$’000) 98,338 100,138 114,913 Current ratio 1 3.56:1 1.50:1 3.18:1 Net gearing 2 7% 15% 1%
Slide 10: Fleet Overview
Fleet Overview 20 Vessels 1.62M dwt 99% Total Fleet Size Total Capacity Fleet Utilization @26.08.2026 @26.08.2026 @30.06.2026 Fleet renewal strategy program • In March, two Ultramaxes were sold for US$23.5 million and US$24 million respectively. One was delivered in July 2026 and the other one will
Slide 11: Owned Vessels
Owned Vessels Based on information up to 26 August 2026 Operating: 17 owned vessels (2 under sales & leaseback arrangements & 1 assets held for sale) Total capacity: deadweight 1,265,000 metric tonnes Average age: 14.82 years Vessel DWT(MT) Year built Shipyard Vessel DWT(MT) Year built Shipyard 1 JI
Slide 12: Ordered Vessels and Chartered-in Vessels
Ordered Vessels and Chartered-in Vessels Based on information up to 26 August 2026 Ordered Vessels Vessel Type Builder DWT(MT) Expected delivery 1 JIN HAN Ultramax Jiangsu Hantong 63,500 2026 2 JIN MING Ultramax Jiangsu Hantong 63,500 2027 3 JIN FENG Ultramax Jiangmen Nanyang 64,500 2028 4 JIN FU Ul
Slide 13: Jinhui's Fleet
Jinhui’s Fleet For the quarter ended 30 June 2026 Based on information up to 26 August 2026 38 38 Number of vessels owned 36 36 36 24 23 25 18 18 19 17 3 4 1st Order in Carrying Fleet Renewal Group Jinhui China amount current carrying Found Parent Jinhui Holdings Shipping 8 Supramaxes deadweight amo
Slide 14: Debt Maturity Profile
Debt Maturity Profile Based on information up to 30 June 2026 Q2 2026 | in percentage 80% • Total debt included bank loan and other borrowings 70% 68% 62% • Bank loans represented revolving loans and term 60% loans which were secured by the Group’s motor vessels, land & buildings, investment propert
Slide 15: Cargo Mix Analysis
Cargo Mix Analysis Q2 2026 Total Cargo Volume Q2 2026 Cargo Mix (%) 90% 80% 74% 70% 60% 50% 40% 2.86 30% 20% 10% 9% 5% 2% 2% 1% 7% Million tonnes 0% (Q2 2025 3.23 mt) Q2 2025 Q2 2026 * Including steaming coal and coking coal 14
Slide 16: Distribution of Cargo: Loading Ports
Distribution of Cargo Loading Ports Analysis Q2 2026 US$M 20 North China America 15 7% 42% Asia excluding 10 China 12% 5 Africa 0 16% Australia 23% Q2 2026 Q2 2025 Chartering revenue expressed by loading ports © Australian Bureau of Statistics, GeoNames, Microsoft, Navinfo, Open Places, OpenStreetM
Slide 17: Distribution of Cargo: Discharging Ports
Distribution of Cargo Discharging Ports Analysis Q2 2026 US$M 25 China 20 54% Asia excluding 15 China 24% 10 5 Africa 0 South 18% America Australia 3% 1% Q2 2026 Q2 2025 Chartering revenue expressed by discharging ports © Australian Bureau of Statistics, GeoNames, Microsoft, Navinfo, Open Places, Op
Slide 18: TCE of Jinhui Fleet
TCE of Jinhui Fleet Average Daily Time Charter Equivalent Rate (TCE) Q2 2026 Q2 2025 1H 2026 1H 2025 2025 Type US$ US$ US$ US$ US$ Capesize Fleet 31,595 19,300 31,010 21,203 21,025 Panamax Fleet 19,974 15,046 18,833 13,795 14,910 Ultramax / Supramax Fleet 15,364 13,158 14,531 12,674 13,246 In Averag
Slide 19: Daily Vessel Running Costs of Owned Vessels
Daily Vessel Running Costs of Owned Vessels Q2 2026 US$ 12,000 • Daily vessel running cost is calculated as US$8,901 US$9,839 US$9,089 the aggregate of crew expenses, insurance, 10,000 consumable stores, spare parts, repairs and maintenance and other vessels’ 3,120 miscellaneous expenses divided by
Slide 20: Outlook
Outlook • Lingering geopolitical uncertainties; • Structural change to global trade; • Firm freight environment absorbing new tonnages; and • Continue to look for opportunistic renewal. 19
Slide 21: Thank You
Thank You Questions & Answers Investor Relations ir@jinhuiship.com | +(852) 2545 0951 www.jinhuiship.com
Jinhui Shipping & Transportation — Q2 2026 Earnings Presentation on 6ix