GSH（BDX）株式概要投資持株会社であるGSHコーポレーション・リミテッドは、マレーシアと中国で不動産の開発と販売を行っている。 詳細BDX ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析利払いは収益で十分にカバーされない 過去1年間で株主の希薄化が進んだ すべてのリスクチェックを見るBDX Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW492,148 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA492,148 investors already sharing narrativesYour Fair ValueS$Current PriceS$0.16268.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-21m196m2016201920222025202620282031Revenue S$195.9mEarnings S$35.8mAdvancedSet Fair ValueView all narrativesGSH Corporation Limited 競合他社Hiap HoeSymbol: SGX:5JKMarket cap: S$301.2mTuan Sing HoldingsSymbol: SGX:T24Market cap: S$381.1mYoma Strategic HoldingsSymbol: SGX:Z59Market cap: S$189.8mBukit Sembawang EstatesSymbol: SGX:B61Market cap: S$1.3b価格と性能株価の高値、安値、推移の概要GSH過去の株価現在の株価S$0.1652週高値S$0.2352週安値S$0.13ベータ0.221ヶ月の変化-3.57%3ヶ月変化-18.59%1年変化-4.14%3年間の変化-6.36%5年間の変化-2.99%IPOからの変化-82.35%最新ニュースRecent Insider Transactions • Jul 01Executive Chairman recently bought S$351k worth of stockOn the 26th of June, Seng Hui Goi bought around 2m shares on-market at roughly S$0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Seng Hui's only on-market trade for the last 12 months.お知らせ • Jun 11GSH Corporation Limited Announces Board Committee Changes, Effective July 1, 2026GSH Corporation Limited announced changes in the composition of the Board Committees with effect from July 1, 2026. The Nominating Committee comprised Ms Joycelyn Ong Yueh Ling as Chairman, Dr Goi Seng Hui as Member (Alternate Director: Goi Kok Ming (Wei Guoming)), and Mr. Ng Hin Lee as Member. The Remuneration Committee comprised Ms Tan Min-Li as Chairman, Mr. Ng Hin Lee as Member, and Ms Joycelyn Ong Yueh Ling as Member.Board Change • Apr 28Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Joycelyn Ong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.9% 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 Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).Reported Earnings • Apr 12Full year 2025 earnings released: S$0.009 loss per share (vs S$0.005 loss in FY 2024)Full year 2025 results: S$0.009 loss per share (further deteriorated from S$0.005 loss in FY 2024). Revenue: S$130.3m (up 4.1% from FY 2024). Net loss: S$17.7m (loss widened 73% from FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 07GSH Corporation Limited, Annual General Meeting, Apr 24, 2026GSH Corporation Limited, Annual General Meeting, Apr 24, 2026, at 10:30 Singapore Standard Time. Location: 20 cecil street, 28-01 plus, singapore 049705, Singapore最新情報をもっと見るRecent updatesRecent Insider Transactions • Jul 01Executive Chairman recently bought S$351k worth of stockOn the 26th of June, Seng Hui Goi bought around 2m shares on-market at roughly S$0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Seng Hui's only on-market trade for the last 12 months.お知らせ • Jun 11GSH Corporation Limited Announces Board Committee Changes, Effective July 1, 2026GSH Corporation Limited announced changes in the composition of the Board Committees with effect from July 1, 2026. The Nominating Committee comprised Ms Joycelyn Ong Yueh Ling as Chairman, Dr Goi Seng Hui as Member (Alternate Director: Goi Kok Ming (Wei Guoming)), and Mr. Ng Hin Lee as Member. The Remuneration Committee comprised Ms Tan Min-Li as Chairman, Mr. Ng Hin Lee as Member, and Ms Joycelyn Ong Yueh Ling as Member.Board Change • Apr 28Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Joycelyn Ong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.9% 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 Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).Reported Earnings • Apr 12Full year 2025 earnings released: S$0.009 loss per share (vs S$0.005 loss in FY 2024)Full year 2025 results: S$0.009 loss per share (further deteriorated from S$0.005 loss in FY 2024). Revenue: S$130.3m (up 4.1% from FY 2024). Net loss: S$17.7m (loss widened 73% from FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 07GSH Corporation Limited, Annual General Meeting, Apr 24, 2026GSH Corporation Limited, Annual General Meeting, Apr 24, 2026, at 10:30 Singapore Standard Time. Location: 20 cecil street, 28-01 plus, singapore 049705, SingaporeBoard Change • Feb 26Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Min-Li Tan was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 26Full year 2025 earnings releasedFull year 2025 results: Revenue: S$130.3m (up 4.1% from FY 2024). Net loss: S$17.7m (loss widened 73% from FY 2024).Board Change • Feb 10Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Min-Li Tan was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Jan 10CEO & Executive Director recently sold S$5.0m worth of stockOn the 7th of January, Guan Hui Ee sold around 28m shares on-market at roughly S$0.18 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Guan Hui has been a net seller over the last 12 months, reducing personal holdings by S$6.2m.Recent Insider Transactions • Jan 03CEO & Executive Director recently sold S$1.2m worth of stockOn the 30th of December, Guan Hui Ee sold around 6m shares on-market at roughly S$0.19 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Guan Hui's only on-market trade for the last 12 months.New Risk • Dec 03New minor risk - Share price stabilityThe 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 Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Significant insider selling over the past 3 months (S$5.0m sold).New Risk • Nov 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Significant insider selling over the past 3 months (S$5.0m sold).お知らせ • Nov 26GSH Corporation Limited has completed a Follow-on Equity Offering in the amount of SGD 111.86722 million.GSH Corporation Limited has completed a Follow-on Equity Offering in the amount of SGD 111.86722 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 447,468,880 Price\Range: SGD 0.25 Transaction Features: Subsequent Direct Listing分析記事 • Oct 27GSH (SGX:BDX) Has No Shortage Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Apr 12Full year 2024 earnings released: S$0.005 loss per share (vs S$0.006 loss in FY 2023)Full year 2024 results: S$0.005 loss per share (improved from S$0.006 loss in FY 2023). Revenue: S$125.2m (down 20% from FY 2023). Net loss: S$10.2m (loss narrowed 8.6% from FY 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Apr 08GSH Corporation Limited, Annual General Meeting, Apr 25, 2025GSH Corporation Limited, Annual General Meeting, Apr 25, 2025, at 10:30 Singapore Standard Time. Location: 20 cecil street, 28-01 plus, singapore 049705, SingaporeNew Risk • Apr 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 7.4% 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 Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 14% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).Reported Earnings • Feb 26Full year 2024 earnings releasedFull year 2024 results: Revenue: S$125.2m (down 20% from FY 2023). Net loss: S$10.2m (loss narrowed 8.6% from FY 2023).New Risk • Feb 21New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).分析記事 • Jan 21GSH Corporation Limited (SGX:BDX) Soars 27% But It's A Story Of Risk Vs RewardGSH Corporation Limited ( SGX:BDX ) shares have had a really impressive month, gaining 27% after a shaky period...お知らせ • Dec 02GSH Corporation Limited Announces Appointment of Ng Hin Lee as Lead Independent DirectorGSH Corporation Limited announced that Mr. Ng Hin Lee has been appointed as the Lead Independent Director ("LID") of the Company with immediate effect. The appointment of Mr. Ng Hin Lee as the LID reflects the Company's continuous effort to ensure that good corporate practices are being adopted. Mr. Ng Hin Lee was appointed as an Independent Director of the Company on 16 May 2022. He is the Chairman of the Audit and Risk Committee and a member of the Nominating Committee of the Company.New Risk • Nov 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.3% 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 Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).Reported Earnings • Aug 06First half 2024 earnings released: S$0.004 loss per share (vs S$0.006 loss in 1H 2023)First half 2024 results: S$0.004 loss per share (improved from S$0.006 loss in 1H 2023). Revenue: S$65.6m (up 42% from 1H 2023). Net loss: S$6.95m (loss narrowed 42% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Apr 18Executive Chairman recently bought S$176k worth of stockOn the 12th of April, Seng Hui Goi bought around 1m shares on-market at roughly S$0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$394k worth in shares.Reported Earnings • Apr 14Full year 2023 earnings released: S$0.006 loss per share (vs S$0.01 loss in FY 2022)Full year 2023 results: S$0.006 loss per share (improved from S$0.01 loss in FY 2022). Revenue: S$156.6m (up 82% from FY 2022). Net loss: S$11.2m (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Apr 10GSH Corporation Limited, Annual General Meeting, Apr 26, 2024GSH Corporation Limited, Annual General Meeting, Apr 26, 2024, at 10:30 Singapore Standard Time. Location: 20 Cecil Street, #28-01 PLUS Singapore Agenda: To consider directors' Statement and Audited Financial Statements for the year ended 31 December 2023; to consider re-election of Dr. Sam Goi Seng Hui as a Director; to consider re-election of Ms. Tan Min-Li as a Director; to consider approval of Directors' fees amounting to S$232,000 for the financial year ending 31 December 2024, to be paid quarterly in arrears; to consider re-appointment of Baker Tilly TFW LLP as Auditor; to consider authority to issue shares; and to consider renewal of the Share Buy-Back Mandate.お知らせ • Apr 09GSH Corporation Limited Announces Retirement of Michael Grenville Gray AsdirectorThe Board of Directors of GSH Corporation Limited announced that Mr. Michael Grenville Gray ("Mr Gray") will be retiring as Director, at the conclusion of the forthcoming Annual General Meeting, to be held on 26 April 2024. Mr. Gray will be stepping down voluntarily, to facilitate Board renewal. Consequently, Mr. Gray will cease to be Lead Independent Director and a member of the Audit & Risk Committee, Remuneration Committee and Nominating Committee.The Board is in the process of reviewing the composition of the Board and Board Committees, and changes will be announced in due course.Recent Insider Transactions • Mar 01Executive Chairman recently bought S$83k worth of stockOn the 28th of February, Seng Hui Goi bought around 499k shares on-market at roughly S$0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$219k worth in shares.Reported Earnings • Feb 28Full year 2023 earnings released: S$0.006 loss per share (vs S$0.01 loss in FY 2022)Full year 2023 results: S$0.006 loss per share (improved from S$0.01 loss in FY 2022). Revenue: S$156.6m (up 82% from FY 2022). Net loss: S$11.2m (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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: Major Risks Debt is not well covered by operating cash flow (0.01% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 60% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).Reported Earnings • Aug 13First half 2023 earnings released: S$0.006 loss per share (vs S$0.002 loss in 1H 2022)First half 2023 results: S$0.006 loss per share (further deteriorated from S$0.002 loss in 1H 2022). Revenue: S$46.3m (up 11% from 1H 2022). Net loss: S$11.9m (loss widened 225% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Jul 08+ 1 more updateGSH Corporation Limited Appoints Tan Min-Li as Non-Executive Independent Director, Effective July 10, 2023GSH Corporation Limited announced appointment of Tan Min-Li as Non-Executive Independent Director. Appointment Date is July 10, 2023. Other DirectorShips Past: First Mogul Power Holdings Pte. Ltd.; Sky Premium International Pte. Ltd.; Mogul Coal Holdings Pte. Ltd.; Big Mogul Holdings Pte. Ltd.; Mogul Energy Holdings Pte. Ltd.; Hulaan Holdings Pte. Ltd.; Patricane Geoservices Holdings Pte. Ltd.; Tevshiin Gobi Holdings Pte. Ltd.; Firebird Shg Investments Pte. Ltd.; and Whitelight Ventures Inc. Other DirectorShips Present: Anchun International Holdings Ltd; Ocean Sky International Limited; Union Steel Holdings Limited; Plan B Projects Pte. Ltd. and Belle Curve Holdings Pte. Ltd. Professional Qualifications: LLB (Hons), National University of Singapore, 1991 LLM, Univerity of London, 1993. Advocate and Solicitor of the Supreme Court of Singapore, admitted 1992. Tan Min-Li's principal areas of expertise are in corporate and financial services with particular emphasis on corporate finance, securities and capital markets, mergers and acquisitions and infrastructure projects in Singapore and the region. Min-Li has considerable experience in the areas of initial public offerings, regional investments, corporate restructuring, cross border joint ventures and mergers and acquisitions in the region. She regularly advises on Singapore Exchange compliance and corporate governance issues. Major clients of Min-Li's include listed foreign and local companies and financial institutions. Min-Li is recognised in The Best Lawyers Singapore for Corporate Law and M&A and has been ranked since the 2014/2015 edition. She is also recognised as Singapore's Top 100 private practice lawyers in 2019 by Asia Business Law Journal. She is recognised as a Highly Regarded Lawyer for Capital Markets in IFLR1000 32nd Edition, has been named an Asialaw Profiles Leading Lawyer in the area of Capital Markets for ten consecutive years, and a recommended lawyer for Capital Markets in Legal 500 Asia Pacific 2023 and was ranked in Chambers and Partners Global 2019. She is also a regular presenter at seminars in Singapore and the region on initial public offerings, mergers & acquisitions and corporate governance issues.Reported Earnings • Apr 13Full year 2022 earnings released: S$0.01 loss per share (vs S$0.011 loss in FY 2021)Full year 2022 results: S$0.01 loss per share (improved from S$0.011 loss in FY 2021). Revenue: S$86.1m (down 10% from FY 2021). Net loss: S$18.6m (loss narrowed 11% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 01Full year 2022 earnings releasedFull year 2022 results: Revenue: S$86.1m (down 10% from FY 2021). Net loss: S$7.78m (loss narrowed 63% from FY 2021).Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Non-Executive Independent Director Hin Lee Ng was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Nov 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.0%. The fair value is estimated to be S$0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Nov 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.8%. The fair value is estimated to be S$0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.Recent Insider Transactions • Oct 18Executive Chairman recently bought S$173k worth of stockOn the 13th of October, Seng Hui Goi bought around 1m shares on-market at roughly S$0.16 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$277k worth in shares.Reported Earnings • Aug 14First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up S$10.1m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses.Reported Earnings • Apr 15Full year 2021 earnings released: S$0.011 loss per share (vs S$0.007 loss in FY 2020)Full year 2021 results: S$0.011 loss per share (down from S$0.007 loss in FY 2020). Revenue: S$95.8m (down 20% from FY 2020). Net loss: S$21.0m (loss widened 49% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 27Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: S$95.8m (down 20% from FY 2020). Net loss: S$21.0m (loss widened 48% from FY 2020). Revenue was in line with analyst estimates.Recent Insider Transactions • Sep 28Executive Chairman recently bought S$74k worth of stockOn the 23rd of September, Seng Hui Goi bought around 433k shares on-market at roughly S$0.17 per share. In the last 3 months, they made an even bigger purchase worth S$673k. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$1.0m worth in shares.Recent Insider Transactions • Sep 15Executive Chairman recently bought S$52k worth of stockOn the 10th of September, Seng Hui Goi bought around 305k shares on-market at roughly S$0.17 per share. In the last 3 months, they made an even bigger purchase worth S$673k. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$965k worth in shares.Recent Insider Transactions • Aug 18Executive Chairman recently bought S$673k worth of stockOn the 13th of August, Seng Hui Goi bought around 4m shares on-market at roughly S$0.17 per share. This was the largest purchase by an insider in the last 3 months. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$723k worth in shares.分析記事 • Apr 03Does GSH (SGX:BDX) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Feb 27GSH's (SGX:BDX) Stock Price Has Reduced 60% In The Past Three YearsInvesting in stocks inevitably means buying into some companies that perform poorly. But long term GSH Corporation...Reported Earnings • Feb 24Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$120.2m (down 22% from FY 2019). Net loss: S$14.1m (down 286% from profit in FY 2019).分析記事 • Jan 23Should You Use GSH's (SGX:BDX) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. However...分析記事 • Dec 28Does GSH (SGX:BDX) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Is New 90 Day High Low • Dec 07New 90-day high: S$0.21The company is up 16% from its price of S$0.18 on 07 September 2020. The Singaporean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 8.0% over the same period.分析記事 • Nov 30GSH Corporation Limited's (SGX:BDX) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?Most readers would already be aware that GSH's (SGX:BDX) stock increased significantly by 6.7% over the past month...Is New 90 Day High Low • Nov 25New 90-day high: S$0.21The company is up 12% from its price of S$0.19 on 27 August 2020. The Singaporean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 8.0% over the same period.株主還元BDXSG Real EstateSG 市場7D-0.6%0.5%1.1%1Y-4.1%11.6%25.4%株主還元を見る業界別リターン: BDX過去 1 年間で11.6 % の収益を上げたSG Real Estate業界を下回りました。リターン対市場: BDXは、過去 1 年間で25.4 % のリターンを上げたSG市場を下回りました。価格変動Is BDX's price volatile compared to industry and market?BDX volatilityBDX Average Weekly Movement6.7%Real Estate Industry Average Movement3.7%Market Average Movement5.3%10% most volatile stocks in SG Market11.9%10% least volatile stocks in SG Market2.3%安定した株価: BDX 、 SG市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: BDXの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2001n/aGilbert Eewww.gshcorporation.com投資持株会社であるGSHコーポレーション・リミテッドは、マレーシアと中国で不動産の開発・販売を行っている。同社は3つのセグメントで事業を展開している：ホスピタリティ、不動産、その他。不動産の賃貸・販売、リゾート、ホテル、ゴルフ・マリーナクラブの運営を行っている。また、衣料品、土産物、コンビニエンス・アイテムの小売、高級列車や施設管理サービスの提供も行っている。さらに、冷凍食品貿易事業、燃料販売および関連バンカリングサービスも行っている。前身はJEL Corporation (Holdings) Ltd.で、2012年5月にGSH Corporation Limitedに社名変更した。GSHコーポレーション・リミテッドは2001年に設立され、シンガポールを拠点としている。もっと見るGSH Corporation Limited 基礎のまとめGSH の収益と売上を時価総額と比較するとどうか。BDX 基礎統計学時価総額S$392.14m収益（TTM）-S$17.67m売上高(TTM)S$130.35m3.0xP/Sレシオ-22.2xPER（株価収益率BDX は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BDX 損益計算書（TTM）収益S$130.35m売上原価S$72.57m売上総利益S$57.78mその他の費用S$75.45m収益-S$17.67m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.0073グロス・マージン44.33%純利益率-13.56%有利子負債／自己資本比率67.2%BDX の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.4%現在の配当利回り-8%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/29 21:45終値2026/07/29 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋GSH Corporation Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Recent Insider Transactions • Jul 01Executive Chairman recently bought S$351k worth of stockOn the 26th of June, Seng Hui Goi bought around 2m shares on-market at roughly S$0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Seng Hui's only on-market trade for the last 12 months.
お知らせ • Jun 11GSH Corporation Limited Announces Board Committee Changes, Effective July 1, 2026GSH Corporation Limited announced changes in the composition of the Board Committees with effect from July 1, 2026. The Nominating Committee comprised Ms Joycelyn Ong Yueh Ling as Chairman, Dr Goi Seng Hui as Member (Alternate Director: Goi Kok Ming (Wei Guoming)), and Mr. Ng Hin Lee as Member. The Remuneration Committee comprised Ms Tan Min-Li as Chairman, Mr. Ng Hin Lee as Member, and Ms Joycelyn Ong Yueh Ling as Member.
Board Change • Apr 28Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Joycelyn Ong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.9% 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 Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).
Reported Earnings • Apr 12Full year 2025 earnings released: S$0.009 loss per share (vs S$0.005 loss in FY 2024)Full year 2025 results: S$0.009 loss per share (further deteriorated from S$0.005 loss in FY 2024). Revenue: S$130.3m (up 4.1% from FY 2024). Net loss: S$17.7m (loss widened 73% from FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 07GSH Corporation Limited, Annual General Meeting, Apr 24, 2026GSH Corporation Limited, Annual General Meeting, Apr 24, 2026, at 10:30 Singapore Standard Time. Location: 20 cecil street, 28-01 plus, singapore 049705, Singapore
Recent Insider Transactions • Jul 01Executive Chairman recently bought S$351k worth of stockOn the 26th of June, Seng Hui Goi bought around 2m shares on-market at roughly S$0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Seng Hui's only on-market trade for the last 12 months.
お知らせ • Jun 11GSH Corporation Limited Announces Board Committee Changes, Effective July 1, 2026GSH Corporation Limited announced changes in the composition of the Board Committees with effect from July 1, 2026. The Nominating Committee comprised Ms Joycelyn Ong Yueh Ling as Chairman, Dr Goi Seng Hui as Member (Alternate Director: Goi Kok Ming (Wei Guoming)), and Mr. Ng Hin Lee as Member. The Remuneration Committee comprised Ms Tan Min-Li as Chairman, Mr. Ng Hin Lee as Member, and Ms Joycelyn Ong Yueh Ling as Member.
Board Change • Apr 28Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Joycelyn Ong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.9% 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 Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).
Reported Earnings • Apr 12Full year 2025 earnings released: S$0.009 loss per share (vs S$0.005 loss in FY 2024)Full year 2025 results: S$0.009 loss per share (further deteriorated from S$0.005 loss in FY 2024). Revenue: S$130.3m (up 4.1% from FY 2024). Net loss: S$17.7m (loss widened 73% from FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 07GSH Corporation Limited, Annual General Meeting, Apr 24, 2026GSH Corporation Limited, Annual General Meeting, Apr 24, 2026, at 10:30 Singapore Standard Time. Location: 20 cecil street, 28-01 plus, singapore 049705, Singapore
Board Change • Feb 26Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Min-Li Tan was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 26Full year 2025 earnings releasedFull year 2025 results: Revenue: S$130.3m (up 4.1% from FY 2024). Net loss: S$17.7m (loss widened 73% from FY 2024).
Board Change • Feb 10Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Min-Li Tan was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Jan 10CEO & Executive Director recently sold S$5.0m worth of stockOn the 7th of January, Guan Hui Ee sold around 28m shares on-market at roughly S$0.18 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Guan Hui has been a net seller over the last 12 months, reducing personal holdings by S$6.2m.
Recent Insider Transactions • Jan 03CEO & Executive Director recently sold S$1.2m worth of stockOn the 30th of December, Guan Hui Ee sold around 6m shares on-market at roughly S$0.19 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Guan Hui's only on-market trade for the last 12 months.
New Risk • Dec 03New minor risk - Share price stabilityThe 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 Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Significant insider selling over the past 3 months (S$5.0m sold).
New Risk • Nov 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Significant insider selling over the past 3 months (S$5.0m sold).
お知らせ • Nov 26GSH Corporation Limited has completed a Follow-on Equity Offering in the amount of SGD 111.86722 million.GSH Corporation Limited has completed a Follow-on Equity Offering in the amount of SGD 111.86722 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 447,468,880 Price\Range: SGD 0.25 Transaction Features: Subsequent Direct Listing
分析記事 • Oct 27GSH (SGX:BDX) Has No Shortage Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Apr 12Full year 2024 earnings released: S$0.005 loss per share (vs S$0.006 loss in FY 2023)Full year 2024 results: S$0.005 loss per share (improved from S$0.006 loss in FY 2023). Revenue: S$125.2m (down 20% from FY 2023). Net loss: S$10.2m (loss narrowed 8.6% from FY 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Apr 08GSH Corporation Limited, Annual General Meeting, Apr 25, 2025GSH Corporation Limited, Annual General Meeting, Apr 25, 2025, at 10:30 Singapore Standard Time. Location: 20 cecil street, 28-01 plus, singapore 049705, Singapore
New Risk • Apr 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 7.4% 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 Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 14% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).
Reported Earnings • Feb 26Full year 2024 earnings releasedFull year 2024 results: Revenue: S$125.2m (down 20% from FY 2023). Net loss: S$10.2m (loss narrowed 8.6% from FY 2023).
New Risk • Feb 21New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).
分析記事 • Jan 21GSH Corporation Limited (SGX:BDX) Soars 27% But It's A Story Of Risk Vs RewardGSH Corporation Limited ( SGX:BDX ) shares have had a really impressive month, gaining 27% after a shaky period...
お知らせ • Dec 02GSH Corporation Limited Announces Appointment of Ng Hin Lee as Lead Independent DirectorGSH Corporation Limited announced that Mr. Ng Hin Lee has been appointed as the Lead Independent Director ("LID") of the Company with immediate effect. The appointment of Mr. Ng Hin Lee as the LID reflects the Company's continuous effort to ensure that good corporate practices are being adopted. Mr. Ng Hin Lee was appointed as an Independent Director of the Company on 16 May 2022. He is the Chairman of the Audit and Risk Committee and a member of the Nominating Committee of the Company.
New Risk • Nov 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.3% 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 Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).
Reported Earnings • Aug 06First half 2024 earnings released: S$0.004 loss per share (vs S$0.006 loss in 1H 2023)First half 2024 results: S$0.004 loss per share (improved from S$0.006 loss in 1H 2023). Revenue: S$65.6m (up 42% from 1H 2023). Net loss: S$6.95m (loss narrowed 42% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Apr 18Executive Chairman recently bought S$176k worth of stockOn the 12th of April, Seng Hui Goi bought around 1m shares on-market at roughly S$0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$394k worth in shares.
Reported Earnings • Apr 14Full year 2023 earnings released: S$0.006 loss per share (vs S$0.01 loss in FY 2022)Full year 2023 results: S$0.006 loss per share (improved from S$0.01 loss in FY 2022). Revenue: S$156.6m (up 82% from FY 2022). Net loss: S$11.2m (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Apr 10GSH Corporation Limited, Annual General Meeting, Apr 26, 2024GSH Corporation Limited, Annual General Meeting, Apr 26, 2024, at 10:30 Singapore Standard Time. Location: 20 Cecil Street, #28-01 PLUS Singapore Agenda: To consider directors' Statement and Audited Financial Statements for the year ended 31 December 2023; to consider re-election of Dr. Sam Goi Seng Hui as a Director; to consider re-election of Ms. Tan Min-Li as a Director; to consider approval of Directors' fees amounting to S$232,000 for the financial year ending 31 December 2024, to be paid quarterly in arrears; to consider re-appointment of Baker Tilly TFW LLP as Auditor; to consider authority to issue shares; and to consider renewal of the Share Buy-Back Mandate.
お知らせ • Apr 09GSH Corporation Limited Announces Retirement of Michael Grenville Gray AsdirectorThe Board of Directors of GSH Corporation Limited announced that Mr. Michael Grenville Gray ("Mr Gray") will be retiring as Director, at the conclusion of the forthcoming Annual General Meeting, to be held on 26 April 2024. Mr. Gray will be stepping down voluntarily, to facilitate Board renewal. Consequently, Mr. Gray will cease to be Lead Independent Director and a member of the Audit & Risk Committee, Remuneration Committee and Nominating Committee.The Board is in the process of reviewing the composition of the Board and Board Committees, and changes will be announced in due course.
Recent Insider Transactions • Mar 01Executive Chairman recently bought S$83k worth of stockOn the 28th of February, Seng Hui Goi bought around 499k shares on-market at roughly S$0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$219k worth in shares.
Reported Earnings • Feb 28Full year 2023 earnings released: S$0.006 loss per share (vs S$0.01 loss in FY 2022)Full year 2023 results: S$0.006 loss per share (improved from S$0.01 loss in FY 2022). Revenue: S$156.6m (up 82% from FY 2022). Net loss: S$11.2m (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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: Major Risks Debt is not well covered by operating cash flow (0.01% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 60% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
Reported Earnings • Aug 13First half 2023 earnings released: S$0.006 loss per share (vs S$0.002 loss in 1H 2022)First half 2023 results: S$0.006 loss per share (further deteriorated from S$0.002 loss in 1H 2022). Revenue: S$46.3m (up 11% from 1H 2022). Net loss: S$11.9m (loss widened 225% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 08+ 1 more updateGSH Corporation Limited Appoints Tan Min-Li as Non-Executive Independent Director, Effective July 10, 2023GSH Corporation Limited announced appointment of Tan Min-Li as Non-Executive Independent Director. Appointment Date is July 10, 2023. Other DirectorShips Past: First Mogul Power Holdings Pte. Ltd.; Sky Premium International Pte. Ltd.; Mogul Coal Holdings Pte. Ltd.; Big Mogul Holdings Pte. Ltd.; Mogul Energy Holdings Pte. Ltd.; Hulaan Holdings Pte. Ltd.; Patricane Geoservices Holdings Pte. Ltd.; Tevshiin Gobi Holdings Pte. Ltd.; Firebird Shg Investments Pte. Ltd.; and Whitelight Ventures Inc. Other DirectorShips Present: Anchun International Holdings Ltd; Ocean Sky International Limited; Union Steel Holdings Limited; Plan B Projects Pte. Ltd. and Belle Curve Holdings Pte. Ltd. Professional Qualifications: LLB (Hons), National University of Singapore, 1991 LLM, Univerity of London, 1993. Advocate and Solicitor of the Supreme Court of Singapore, admitted 1992. Tan Min-Li's principal areas of expertise are in corporate and financial services with particular emphasis on corporate finance, securities and capital markets, mergers and acquisitions and infrastructure projects in Singapore and the region. Min-Li has considerable experience in the areas of initial public offerings, regional investments, corporate restructuring, cross border joint ventures and mergers and acquisitions in the region. She regularly advises on Singapore Exchange compliance and corporate governance issues. Major clients of Min-Li's include listed foreign and local companies and financial institutions. Min-Li is recognised in The Best Lawyers Singapore for Corporate Law and M&A and has been ranked since the 2014/2015 edition. She is also recognised as Singapore's Top 100 private practice lawyers in 2019 by Asia Business Law Journal. She is recognised as a Highly Regarded Lawyer for Capital Markets in IFLR1000 32nd Edition, has been named an Asialaw Profiles Leading Lawyer in the area of Capital Markets for ten consecutive years, and a recommended lawyer for Capital Markets in Legal 500 Asia Pacific 2023 and was ranked in Chambers and Partners Global 2019. She is also a regular presenter at seminars in Singapore and the region on initial public offerings, mergers & acquisitions and corporate governance issues.
Reported Earnings • Apr 13Full year 2022 earnings released: S$0.01 loss per share (vs S$0.011 loss in FY 2021)Full year 2022 results: S$0.01 loss per share (improved from S$0.011 loss in FY 2021). Revenue: S$86.1m (down 10% from FY 2021). Net loss: S$18.6m (loss narrowed 11% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 01Full year 2022 earnings releasedFull year 2022 results: Revenue: S$86.1m (down 10% from FY 2021). Net loss: S$7.78m (loss narrowed 63% from FY 2021).
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Non-Executive Independent Director Hin Lee Ng was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Nov 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.0%. The fair value is estimated to be S$0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Nov 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.8%. The fair value is estimated to be S$0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.
Recent Insider Transactions • Oct 18Executive Chairman recently bought S$173k worth of stockOn the 13th of October, Seng Hui Goi bought around 1m shares on-market at roughly S$0.16 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$277k worth in shares.
Reported Earnings • Aug 14First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up S$10.1m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses.
Reported Earnings • Apr 15Full year 2021 earnings released: S$0.011 loss per share (vs S$0.007 loss in FY 2020)Full year 2021 results: S$0.011 loss per share (down from S$0.007 loss in FY 2020). Revenue: S$95.8m (down 20% from FY 2020). Net loss: S$21.0m (loss widened 49% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: S$95.8m (down 20% from FY 2020). Net loss: S$21.0m (loss widened 48% from FY 2020). Revenue was in line with analyst estimates.
Recent Insider Transactions • Sep 28Executive Chairman recently bought S$74k worth of stockOn the 23rd of September, Seng Hui Goi bought around 433k shares on-market at roughly S$0.17 per share. In the last 3 months, they made an even bigger purchase worth S$673k. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$1.0m worth in shares.
Recent Insider Transactions • Sep 15Executive Chairman recently bought S$52k worth of stockOn the 10th of September, Seng Hui Goi bought around 305k shares on-market at roughly S$0.17 per share. In the last 3 months, they made an even bigger purchase worth S$673k. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$965k worth in shares.
Recent Insider Transactions • Aug 18Executive Chairman recently bought S$673k worth of stockOn the 13th of August, Seng Hui Goi bought around 4m shares on-market at roughly S$0.17 per share. This was the largest purchase by an insider in the last 3 months. Seng Hui has been a buyer over the last 12 months, purchasing a net total of S$723k worth in shares.
分析記事 • Apr 03Does GSH (SGX:BDX) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Feb 27GSH's (SGX:BDX) Stock Price Has Reduced 60% In The Past Three YearsInvesting in stocks inevitably means buying into some companies that perform poorly. But long term GSH Corporation...
Reported Earnings • Feb 24Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$120.2m (down 22% from FY 2019). Net loss: S$14.1m (down 286% from profit in FY 2019).
分析記事 • Jan 23Should You Use GSH's (SGX:BDX) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. However...
分析記事 • Dec 28Does GSH (SGX:BDX) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Is New 90 Day High Low • Dec 07New 90-day high: S$0.21The company is up 16% from its price of S$0.18 on 07 September 2020. The Singaporean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 8.0% over the same period.
分析記事 • Nov 30GSH Corporation Limited's (SGX:BDX) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?Most readers would already be aware that GSH's (SGX:BDX) stock increased significantly by 6.7% over the past month...
Is New 90 Day High Low • Nov 25New 90-day high: S$0.21The company is up 12% from its price of S$0.19 on 27 August 2020. The Singaporean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 8.0% over the same period.
