H22 logo

Hong Leong Asia Ltd.SGX:H22 Stock Report

Market Cap S$1.8b
Share Price
S$2.57
My Fair Value
S$2.68
4.0% undervalued intrinsic discount
1Y217.3%
7D25.4%
Portfolio Value
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View

Hong Leong Asia Ltd.

SGX:H22 Stock Report

Market Cap: S$1.8b

Hong Leong Asia (H22) Stock Overview

An investment holding company, manufactures and distributes powertrain solutions and related products, building materials, and rigid packaging products in the People’s Republic of China, Singapore, Malaysia, and internationally. More details

H22 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends3/6

Rewards

Trading at 37.8% below our estimate of its fair value

Earnings are forecast to grow 15.09% per year

Earnings grew by 12.5% over the past year

Risk Analysis

No risks detected for H22 from our risk checks.

H22 Community Fair Values

Create Narrative

See what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.

View Stock Community

Hong Leong Asia Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hong Leong Asia
Historical stock prices
Current Share PriceS$2.57
52 Week HighS$2.51
52 Week LowS$0.76
Beta0.86
1 Month Change47.70%
3 Month Change117.80%
1 Year Change217.28%
3 Year Change240.40%
5 Year Change424.49%
Change since IPO66.88%

Recent News & Updates

Market Participants Recognise Hong Leong Asia Ltd.'s (SGX:H22) Earnings Pushing Shares 32% Higher

Aug 20
Market Participants Recognise Hong Leong Asia Ltd.'s (SGX:H22) Earnings Pushing Shares 32% Higher

We Like Hong Leong Asia's (SGX:H22) Earnings For More Than Just Statutory Profit

Aug 19
We Like Hong Leong Asia's (SGX:H22) Earnings For More Than Just Statutory Profit

Recent updates

Market Participants Recognise Hong Leong Asia Ltd.'s (SGX:H22) Earnings Pushing Shares 32% Higher

Aug 20
Market Participants Recognise Hong Leong Asia Ltd.'s (SGX:H22) Earnings Pushing Shares 32% Higher

We Like Hong Leong Asia's (SGX:H22) Earnings For More Than Just Statutory Profit

Aug 19
We Like Hong Leong Asia's (SGX:H22) Earnings For More Than Just Statutory Profit

Even With A 29% Surge, Cautious Investors Are Not Rewarding Hong Leong Asia Ltd.'s (SGX:H22) Performance Completely

Jun 26
Even With A 29% Surge, Cautious Investors Are Not Rewarding Hong Leong Asia Ltd.'s (SGX:H22) Performance Completely

Market Still Lacking Some Conviction On Hong Leong Asia Ltd. (SGX:H22)

Jul 18
Market Still Lacking Some Conviction On Hong Leong Asia Ltd. (SGX:H22)

Increases to Hong Leong Asia Ltd.'s (SGX:H22) CEO Compensation Might Cool off for now

Apr 18
Increases to Hong Leong Asia Ltd.'s (SGX:H22) CEO Compensation Might Cool off for now

When Should You Buy Hong Leong Asia Ltd. (SGX:H22)?

Jan 28
When Should You Buy Hong Leong Asia Ltd. (SGX:H22)?

Hong Leong Asia's (SGX:H22) Upcoming Dividend Will Be Larger Than Last Year's

Mar 02
Hong Leong Asia's (SGX:H22) Upcoming Dividend Will Be Larger Than Last Year's

Is There Now An Opportunity In Hong Leong Asia Ltd. (SGX:H22)?

Aug 16
Is There Now An Opportunity In Hong Leong Asia Ltd. (SGX:H22)?

Does Hong Leong Asia (SGX:H22) Have A Healthy Balance Sheet?

May 31
Does Hong Leong Asia (SGX:H22) Have A Healthy Balance Sheet?

Return Trends At Hong Leong Asia (SGX:H22) Aren't Appealing

May 10
Return Trends At Hong Leong Asia (SGX:H22) Aren't Appealing

Why Hong Leong Asia Ltd. (SGX:H22) Could Be Worth Watching

Apr 19
Why Hong Leong Asia Ltd. (SGX:H22) Could Be Worth Watching

These 4 Measures Indicate That Hong Leong Asia (SGX:H22) Is Using Debt Reasonably Well

Mar 01
These 4 Measures Indicate That Hong Leong Asia (SGX:H22) Is Using Debt Reasonably Well

Is Hong Leong Asia (SGX:H22) Struggling?

Jan 19
Is Hong Leong Asia (SGX:H22) Struggling?

Hong Leong Asia (SGX:H22) Share Prices Have Dropped 36% In The Last Three Years

Dec 15
Hong Leong Asia (SGX:H22) Share Prices Have Dropped 36% In The Last Three Years

Shareholder Returns

H22SG MachinerySG Market
7D25.4%3.3%1.8%
1Y217.3%37.7%23.9%

Return vs Industry: H22 exceeded the SG Machinery industry which returned 37.7% over the past year.

Return vs Market: H22 exceeded the SG Market which returned 23.9% over the past year.

Price Volatility

Is H22's price volatile compared to industry and market?
H22 volatility
H22 Average Weekly Movement6.2%
Machinery Industry Average Movement6.2%
Market Average Movement5.5%
10% most volatile stocks in SG Market15.0%
10% least volatile stocks in SG Market2.5%

Stable Share Price: H22 has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: H22's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194110,306Stephen Howww.hlasia.com.sg

Hong Leong Asia Ltd., an investment holding company, manufactures and distributes powertrain solutions and related products, building materials, and rigid packaging products in the People’s Republic of China, Singapore, Malaysia, and internationally. It operates through Powertrain Solutions and Building Materials segments. The Powertrain Solutions segment offers engines for on-road, off-road, genset, and marine applications.

Hong Leong Asia Ltd. Fundamentals Summary

How do Hong Leong Asia's earnings and revenue compare to its market cap?
H22 fundamental statistics
Market capS$1.85b
Earnings (TTM)S$94.04m
Revenue (TTM)S$4.83b
20.4x
P/E Ratio
0.4x
P/S Ratio

Is H22 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
H22 income statement (TTM)
RevenueS$4.83b
Cost of RevenueS$4.02b
Gross ProfitS$804.79m
Other ExpensesS$710.75m
EarningsS$94.04m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin16.67%
Net Profit Margin1.95%
Debt/Equity Ratio32.6%

How did H22 perform over the long term?

See historical performance and comparison

Dividends

2.3%
Current Dividend Yield
40%
Payout Ratio

Does H22 pay a reliable dividends?

See H22 dividend history and benchmarks
When do you need to buy H22 by to receive an upcoming dividend?
Hong Leong Asia dividend dates
Ex Dividend DateAug 27 2025
Dividend Pay DateSep 09 2025
Days until Ex dividend0 days
Days until Dividend pay date13 days

Does H22 pay a reliable dividends?

See H22 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/26 10:29
End of Day Share Price 2025/08/26 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hong Leong Asia Ltd. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pavel MolchanovCGS International
Natalie OngCGS International
Mat CollingsCGS International