Board Change • Jun 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Senior VP of Operations - China & Board Chairman of Shanghai Ocean Aquarium Liang Wang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 30
Upcoming dividend of S$0.015 per share Eligible shareholders must have bought the stock before 07 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Singaporean dividend payers (5.0%). In line with average of industry peers (4.0%). Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: S$0.021 (vs S$0.032 in FY 2024) Full year 2025 results: EPS: S$0.021 (down from S$0.032 in FY 2024). Revenue: S$74.4m (down 8.7% from FY 2024). Net income: S$18.0m (down 34% from FY 2024). Profit margin: 24% (down from 33% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Annonce • Apr 10
Straco Corporation Limited, Annual General Meeting, Apr 27, 2026 Straco Corporation Limited, Annual General Meeting, Apr 27, 2026, at 10:00 Singapore Standard Time. Location: 30 raffles avenue, 02-03/04, singapore flyer, singapore 039803, Singapore Declared Dividend • Apr 04
Dividend of S$0.015 announced Shareholders will receive a dividend of S$0.015. Ex-date: 7th May 2026 Payment date: 21st May 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Mar 03
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 23% Last year net profit margin: 33% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (23% net profit margin). New Risk • Feb 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Annonce • Jul 30
Straco Corporation Limited to Report First Half, 2025 Results on Aug 11, 2025 Straco Corporation Limited announced that they will report first half, 2025 results on Aug 11, 2025 Annonce • May 21
Straco Corporation Limited to Report Q1, 2025 Results on May 20, 2025 Straco Corporation Limited announced that they will report Q1, 2025 results on May 20, 2025 Upcoming Dividend • Apr 29
Upcoming dividend of S$0.02 per share Eligible shareholders must have bought the stock before 05 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Singaporean dividend payers (6.0%). Higher than average of industry peers (4.0%). Annonce • Apr 17
Straco Corporation Limited Announces Cessation of Hee Theng Fong as Independent Non-Executive Director Straco Corporation Limited announced cessation of Mr. Hee Theng Fong as Independent Non-Executive Director Chairman of Nominating Committee, and Member of Audit & Risk Committee. Other DirectorShips Present: Yanlord Land Group Limited Haidilao International Holding Ltd. China Aviation Oil (Singapore) Corporation Limited H World Group Limited Greenlink Digital Bank Pte. Ltd. Hi-P International Pte. Ltd. F&H Media & Internet Fund II Pte. Ltd. Reason For Cessation: Retirement at the Annual General Meeting of the Company due to Board renewal. Declared Dividend • Apr 03
Dividend of S$0.02 announced Shareholders will receive a dividend of S$0.02. Ex-date: 5th May 2025 Payment date: 19th May 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.3% EPS decline seen over the last 5 years. Annonce • Apr 02
Straco Corporation Limited, Annual General Meeting, Apr 17, 2025 Straco Corporation Limited, Annual General Meeting, Apr 17, 2025, at 10:00 Singapore Standard Time. Location: 30 raffles avenue, 02-03/04, singapore flyer, singapore 039803, Singapore Reported Earnings • Feb 26
Full year 2024 earnings released Full year 2024 results: Revenue: S$90.4m (up 10.0% from FY 2023). Net income: S$27.2m (up 6.0% from FY 2023). Profit margin: 30% (down from 31% in FY 2023). The decrease in margin was driven by higher expenses. Annonce • Feb 12
Straco Corporation Limited to Report Fiscal Year 2024 Results on Feb 25, 2025 Straco Corporation Limited announced that they will report fiscal year 2024 results After-Market on Feb 25, 2025 Reported Earnings • Aug 15
First half 2024 earnings released: EPS: S$0.012 (vs S$0.007 in 1H 2023) First half 2024 results: EPS: S$0.012 (up from S$0.007 in 1H 2023). Revenue: S$35.9m (up 12% from 1H 2023). Net income: S$10.5m (up 65% from 1H 2023). Profit margin: 29% (up from 20% in 1H 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 02
Upcoming dividend of S$0.02 per share Eligible shareholders must have bought the stock before 09 May 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Singaporean dividend payers (6.2%). In line with average of industry peers (3.4%). Annonce • Apr 30
Straco Corporation Limited Announces Changes to the Composition of the Board and Board Committees Straco Corporation Limited announced the following changes to the composition of the Board:- Mr. Tay Siew Choon and Mr. Lim Song Joo having served as Independent Non- Executive Directors of the Company for more than nine years, have both stepped down as Directors of the Company, with effect from the conclusion of the Annual General Meeting held on 29 April 2024, in order to facilitate the process of Board renewal; Accordingly, Mr. Lim Song Joo has ceased as the Audit and Risk Committee Chairman and Mr. Tay Siew Choon has also ceased as the Chairman of the Nominating and Remuneration Committees with effect from the conclusion of the Annual General Meeting held on 29 April 2024; Ms. Tan Khiaw Ngoh will be appointed as an Independent Non-Executive Director of the Company, and Member of the Audit and Risk Committee, with effect from 2 May 2024; Mr. Tan Kang Uei, Anthony will be appointed as an Independent Non-Executive Director of the Company, and a member of the Nominating and Remuneration Committees, respectively, with effect from 2 May 2024; Mr. Hee Theng Fong has been appointed as the Lead Independent Director of the Company and Chairman of the Nominating Committee, with immediate effect; and Mr. Teo Ser Luck has been appointed as Chairman of the Audit and Risk Committee and Chairman of the Remuneration Committee, with immediate effect. Consequent upon the above appointments, the composition of the Board of Directors and the respective Board Committees are as follows: The Board of Directors: Mr. Wu Hsioh Kwang - Executive Chairman; Mr. Li Weiqiang - Non-Executive Director; Mdm. Chua Soh Har - Non-Executive Director; Mr. Hee Theng Fong - Lead Independent Director; Mr. Teo Ser Luck - Independent Non-Executive Director; Ms. Tan Khiaw Ngoh - Independent Non-Executive Director; Mr. Tan Kang Uei, Anthony - Independent Non-Executive Director. Audit & Risk Committee: Mr. Teo Ser Luck - Chairman; Mr. Hee Theng Fong - Member; and Ms. Tan Khiaw Ngoh - Member. Nominating Committee: Mr. Hee Theng Fong - Chairman; Mr. Wu Hsioh Kwang - Member; and Mr. Tan Kang Uei, Anthony - Member. Remuneration Committee: Mr. Teo Ser Luck - Chairman; Mdm. Chua Soh Har - Member; and Mr. Tan Kang Uei, Anthony - Member. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: S$0.03 (vs S$0.013 loss in FY 2022) Full year 2023 results: EPS: S$0.03 (up from S$0.013 loss in FY 2022). Revenue: S$82.1m (up 191% from FY 2022). Net income: S$25.7m (up S$36.5m from FY 2022). Profit margin: 31% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Apr 10
Dividend of S$0.02 announced Shareholders will receive a dividend of S$0.02. Ex-date: 9th May 2024 Payment date: 24th May 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 44% to shift the payout ratio to a potentially unsustainable range, which is more than the 9.2% EPS decline seen over the last 5 years. Annonce • Apr 08
Straco Corporation Limited, Annual General Meeting, Apr 29, 2024 Straco Corporation Limited, Annual General Meeting, Apr 29, 2024, at 10:00 Singapore Standard Time. Location: 30 Raffles Avenue, #03-01 Singapore Flyer Singapore City Singapore Agenda: To receive and consider the Audited Financial Statements of the Company for the financial year ended 31 December 2023 and the Directors' Statement and Auditors' Report thereon; to approve a first and final one-tier tax exempt dividend for the financial year ended 31 December 2023; to approve the Directors' fees for the financial year ended 31 December 2023; to re-appoint Messrs. PricewaterhouseCoopers LLP as auditors of the Company and to authorize the Directors to fix their remuneration; to authorize Directors to issue shares pursuant to Section 161 of the Companies Act 1967; and to approve the renewal of the Share Buy-Back Mandate. Reported Earnings • Mar 01
Full year 2023 earnings released Full year 2023 results: Revenue: S$88.4m (up 213% from FY 2022). Net income: S$25.7m (up S$36.5m from FY 2022). Profit margin: 29% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Annonce • Feb 09
Straco Corporation Limited to Report Fiscal Year 2023 Results on Feb 29, 2024 Straco Corporation Limited announced that they will report fiscal year 2023 results on Feb 29, 2024 New Risk • Nov 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • Aug 16
First half 2023 earnings released: EPS: S$0.007 (vs S$0.01 loss in 1H 2022) First half 2023 results: EPS: S$0.007 (up from S$0.01 loss in 1H 2022). Revenue: S$32.1m (up 264% from 1H 2022). Net income: S$6.38m (up S$14.8m from 1H 2022). Profit margin: 20% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annonce • Jul 29
Straco Corporation Limited to Report First Half, 2023 Results on Aug 14, 2023 Straco Corporation Limited announced that they will report first half, 2023 results on Aug 14, 2023 Upcoming Dividend • May 02
Upcoming dividend of S$0.01 per share at 2.1% yield Eligible shareholders must have bought the stock before 09 May 2023. Payment date: 24 May 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Singaporean dividend payers (6.4%). Lower than average of industry peers (3.1%). Reported Earnings • Apr 06
Full year 2022 earnings released Full year 2022 results: Net loss: S$10.8m (down 193% from profit in FY 2021). Reported Earnings • Mar 02
Full year 2022 earnings released Full year 2022 results: Revenue: S$33.5m (down 20% from FY 2021). Net loss: S$10.8m (down 193% from profit in FY 2021). Annonce • Feb 08
Straco Corporation Limited to Report Fiscal Year 2022 Results on Mar 01, 2023 Straco Corporation Limited announced that they will report fiscal year 2022 results at 5:00 PM, Singapore Standard Time on Mar 01, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Non-Executive Independent Director Ser-Luck Teo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 13
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down S$9.67m from profit in 1H 2021). Profit margin: (down from 44% in 1H 2021). Board Change • Aug 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Non-Executive Independent Director Ser-Luck Teo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • May 02
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 09 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Singaporean dividend payers (5.8%). Higher than average of industry peers (1.4%). Annonce • May 02
Straco Corporation Limited Approves First and Final One-Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2021 Straco Corporation Limited approved at its AGM held on 27 April 2022 the payment of a first and final one-tier tax exempt dividend of 1.0 cents per share, for the financial year ended 31 December 2021. Reported Earnings • Apr 07
Full year 2021 earnings released: EPS: S$0.014 (vs S$0.001 loss in FY 2020) Full year 2021 results: EPS: S$0.014 (up from S$0.001 loss in FY 2020). Revenue: S$41.9m (up 42% from FY 2020). Net income: S$11.6m (up S$12.5m from FY 2020). Profit margin: 28% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Annonce • Feb 27
Straco Corporation Limited Recommends First and Final One-Tier Tax Exempt Cash Dividend for the Year 2021 Straco Corporation Limited recommend first and final one-tier tax exempt cash dividend of 1.0 cent per ordinary share for the year 2021. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: S$60.3m (up 104% from FY 2020). Net income: S$11.6m (up S$12.5m from FY 2020). Profit margin: 19% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Annonce • Feb 16
Straco Corporation Limited to Report Second Half, 2021 Results on Feb 25, 2022 Straco Corporation Limited announced that they will report second half, 2021 results on Feb 25, 2022 Upcoming Dividend • Apr 30
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 07 May 2021. Payment date: 24 May 2021. Trailing yield: 1.9%. Lower than top quartile of Singaporean dividend payers (4.6%). Higher than average of industry peers (1.3%). Reported Earnings • Apr 17
Full year 2020 earnings released: S$0.001 loss per share (vs S$0.044 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$29.6m (down 73% from FY 2019). Net loss: S$975.5k (down 103% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Annonce • Mar 03
Straco Corporation Limited, Annual General Meeting, Apr 27, 2021 Straco Corporation Limited, Annual General Meeting, Apr 27, 2021. Agenda: To consider first and final divined. Reported Earnings • Feb 28
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$41.0m (down 62% from FY 2019). Net loss: S$976.0k (down 103% from profit in FY 2019). Annonce • Feb 11
Straco Corporation Limited to Report Fiscal Year 2020 Results on Feb 27, 2021 Straco Corporation Limited announced that they will report fiscal year 2020 results on Feb 27, 2021 Is New 90 Day High Low • Nov 27
New 90-day high: S$0.51 The company is up 4.0% from its price of S$0.49 on 28 August 2020. The Singaporean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 12% over the same period. Annonce • Jul 31
Straco Corporation Limited to Report First Half, 2020 Results on Aug 13, 2020 Straco Corporation Limited announced that they will report first half, 2020 results on Aug 13, 2020