Loading...
1L2 logo

Hiap Seng Industries LimitedSGX:1L2 Stock Report

Market Cap S$67.9m
Share Price
S$0.013
S$0.007
85.3% overvalued intrinsic discount
1Y85.7%
7D-7.1%
1D
Portfolio Value
View

Hiap Seng Industries Limited

SGX:1L2 Stock Report

Market Cap: S$67.9m

Hiap Seng Industries (1L2) Stock Overview

An investment holding company, provides engineering, procurement, construction, and plant maintenance services for oil and gas, and energy sectors in Singapore. More details

1L2 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

1L2 Community Fair Values

Create Narrative

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

Hiap Seng Industries Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hiap Seng Industries
Historical stock prices
Current Share PriceS$0.013
52 Week HighS$0.046
52 Week LowS$0.006
Beta-0.68
1 Month Change-23.53%
3 Month Change-7.14%
1 Year Change85.71%
3 Year Changen/a
5 Year Changen/a
Change since IPO-96.67%

Recent News & Updates

Analysis Article Jun 07

Weak Statutory Earnings May Not Tell The Whole Story For Hiap Seng Industries (SGX:1L2)

A lackluster earnings announcement from Hiap Seng Industries Limited ( SGX:1L2 ) last week didn't sink the stock price...
Analysis Article Feb 02

More Unpleasant Surprises Could Be In Store For Hiap Seng Industries Limited's (SGX:1L2) Shares After Tumbling 32%

Unfortunately for some shareholders, the Hiap Seng Industries Limited ( SGX:1L2 ) share price has dived 32% in the last...
Analysis Article Jan 27

Hiap Seng Industries (SGX:1L2) Has Some Way To Go To Become A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Nov 24

Risks To Shareholder Returns Are Elevated At These Prices For Hiap Seng Industries Limited (SGX:1L2)

When close to half the companies in the Construction industry in Singapore have price-to-sales ratios (or "P/S") below...

Recent updates

Analysis Article Jun 07

Weak Statutory Earnings May Not Tell The Whole Story For Hiap Seng Industries (SGX:1L2)

A lackluster earnings announcement from Hiap Seng Industries Limited ( SGX:1L2 ) last week didn't sink the stock price...
Analysis Article Feb 02

More Unpleasant Surprises Could Be In Store For Hiap Seng Industries Limited's (SGX:1L2) Shares After Tumbling 32%

Unfortunately for some shareholders, the Hiap Seng Industries Limited ( SGX:1L2 ) share price has dived 32% in the last...
Analysis Article Jan 27

Hiap Seng Industries (SGX:1L2) Has Some Way To Go To Become A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Nov 24

Risks To Shareholder Returns Are Elevated At These Prices For Hiap Seng Industries Limited (SGX:1L2)

When close to half the companies in the Construction industry in Singapore have price-to-sales ratios (or "P/S") below...
Analysis Article Aug 29

There's Been No Shortage Of Growth Recently For Hiap Seng Industries' (SGX:1L2) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article Jul 24

Hiap Seng Industries Limited's (SGX:1L2) 329% Share Price Surge Not Quite Adding Up

Despite an already strong run, Hiap Seng Industries Limited ( SGX:1L2 ) shares have been powering on, with a gain of...
Analysis Article May 28

Returns on Capital Paint A Bright Future For Hiap Seng Industries (SGX:1L2)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Apr 21

Hiap Seng Industries Limited's (SGX:1L2) 33% Share Price Plunge Could Signal Some Risk

The Hiap Seng Industries Limited ( SGX:1L2 ) share price has softened a substantial 33% over the previous 30 days...
Analysis Article Apr 10

Calculating The Intrinsic Value Of Hiap Seng Industries Limited (SGX:1L2)

Key Insights Hiap Seng Industries' estimated fair value is S$0.0073 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Mar 05

There's Reason For Concern Over Hiap Seng Industries Limited's (SGX:1L2) Massive 40% Price Jump

Hiap Seng Industries Limited ( SGX:1L2 ) shares have continued their recent momentum with a 40% gain in the last month...
Analysis Article Feb 17

Returns At Hiap Seng Industries (SGX:1L2) Appear To Be Weighed Down

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article Jan 10

What Hiap Seng Industries Limited's (SGX:1L2) 50% Share Price Gain Is Not Telling You

The Hiap Seng Industries Limited ( SGX:1L2 ) share price has done very well over the last month, posting an excellent...
Analysis Article Nov 25

Hiap Seng Industries Limited's (SGX:1L2) Price Is Out Of Tune With Revenues

It's not a stretch to say that Hiap Seng Industries Limited's ( SGX:1L2 ) price-to-sales (or "P/S") ratio of 0.7x right...
Analysis Article Aug 25

Hiap Seng Industries Limited (SGX:1L2) May Have Run Too Fast Too Soon With Recent 33% Price Plummet

Hiap Seng Industries Limited ( SGX:1L2 ) shares have retraced a considerable 33% in the last month, reversing a fair...
Analysis Article Aug 15

Hiap Seng Industries' (SGX:1L2) Returns On Capital Are Heading Higher

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Jun 13

Optimistic Investors Push Hiap Seng Industries Limited (SGX:1L2) Shares Up 67% But Growth Is Lacking

Hiap Seng Industries Limited ( SGX:1L2 ) shares have had a really impressive month, gaining 67% after a shaky period...
Analysis Article Apr 27

Lacklustre Performance Is Driving Hiap Seng Industries Limited's (SGX:1L2) 50% Price Drop

Hiap Seng Industries Limited ( SGX:1L2 ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article Feb 29

Hiap Seng Industries Limited's (SGX:1L2) Business Is Trailing The Industry But Its Shares Aren't

It's not a stretch to say that Hiap Seng Industries Limited's ( SGX:1L2 ) price-to-sales (or "P/S") ratio of 0.7x right...

Shareholder Returns

1L2SG ConstructionSG Market
7D-7.1%-3.5%1.6%
1Y85.7%75.3%30.6%

Return vs Industry: 1L2 exceeded the SG Construction industry which returned 75.3% over the past year.

Return vs Market: 1L2 exceeded the SG Market which returned 30.6% over the past year.

Price Volatility

Is 1L2's price volatile compared to industry and market?
1L2 volatility
1L2 Average Weekly Movement11.3%
Construction Industry Average Movement6.4%
Market Average Movement5.8%
10% most volatile stocks in SG Market14.1%
10% least volatile stocks in SG Market2.5%

Stable Share Price: 1L2's share price has been volatile over the past 3 months compared to the SG market.

Volatility Over Time: 1L2's weekly volatility has decreased from 18% to 11% over the past year, but is still higher than 75% of SG stocks.

About the Company

FoundedEmployeesCEOWebsite
1950n/aMax Tanwww.hiapseng.com

Hiap Seng Industries Limited, an investment holding company, provides engineering, procurement, construction, and plant maintenance services for oil and gas, and energy sectors in Singapore. The company offers building and plant construction, process piping, pressure vessels, process equipment installation, modular compression, and tanks and terminals services for oil and gas, petrochemical and chemical, power and utilities, and pharmaceutical industries. It also offers routine daily maintenance, total integrated plant maintenance, and turnaround maintenance services in the refineries, petrochemical/chemical complexes, pharmaceutical, and power/utilities plants.

Hiap Seng Industries Limited Fundamentals Summary

How do Hiap Seng Industries's earnings and revenue compare to its market cap?
1L2 fundamental statistics
Market capS$67.87m
Earnings (TTM)S$2.84m
Revenue (TTM)S$24.42m
22.2x
P/E Ratio
2.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1L2 income statement (TTM)
RevenueS$24.42m
Cost of RevenueS$17.94m
Gross ProfitS$6.48m
Other ExpensesS$3.64m
EarningsS$2.84m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.00059
Gross Margin26.54%
Net Profit Margin11.62%
Debt/Equity Ratio0%

How did 1L2 perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
50%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 21:55
End of Day Share Price 2026/06/23 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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

Hiap Seng Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.