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Interactive forecast

What will Jinhui’s Q3 and full-year 2026 results be?

Q3 2026 is over but not yet reported — and Q4 has only just begun. Adjust the freight rates for the three vessel types and the gain on the equity portfolio for each quarter yourself, and see what it means for revenue, EBITDA and net profit. All other lines (gains on ship sales, other operating income, costs, depreciation) use the same fixed figures as our own model — only the freight rates, the ships’ daily operating costs, the equity gain and any other items are your guess. Submit and see how you compare with other visitors.

Q3 2026 (completed, not yet reported)

Fleet in Q3: 3 Capesize, 2 Panamax, 15 Ultramax/Supramax (known, weighted average for the quarter) · 92 days
US$/day · 86% hedged at US$33,000 for the rest of 2026 — only 14% follows the market
US$/day · 100% hedged at US$20,000 — practically no uncertainty here
US$/day · 58% hedged at US$15,000 for the rest of 2026 — 42% follows the market
US$/ship/day for 18 owned ships (crew, insurance, spares, maintenance) · our assumption: US$5,509 (actual level in H1 2026)
Fair-value change on the company’s listed shares · our assumption: +US$2.0m (Hang Seng index performance in Q3)
Other one-off items, e.g. impairments, settlements or exceptional costs · our assumption: US$0 · feel free to explain your guess below
Freight revenue
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EBITDA
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Net profit
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Q4 2026 (in progress — ends 31 December)

Fleet in Q4: 3 Capesize, 2 Panamax, 13.43 Ultramax/Supramax (weighted for the JIN XING sale) · 92 days
US$/day · 86% hedged at US$33,000 for the rest of 2026 — only 14% follows the market
US$/day · 100% hedged at US$20,000 — practically no uncertainty here
US$/day · 58% hedged at US$15,000 for the rest of 2026 — 42% follows the market
US$/ship/day for 16.4 owned ships (crew, insurance, spares, maintenance) · our assumption: US$5,509 (actual level in H1 2026)
Fair-value change on the company’s listed shares · our assumption: US$0 (unchanged share prices)
Other one-off items, e.g. impairments, settlements or exceptional costs · our assumption: US$0 · feel free to explain your guess below
Freight revenue
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EBITDA
—
Net profit
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Full year 2026 (Q1+Q2 actual, Q3+Q4 your guess)
Revenue
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EBITDA
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Net profit
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