New Risk • Sep 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-S$850k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Market cap is less than US$100m (S$28.0m market cap, or US$21.7m). Reported Earnings • Jul 18
Full year 2025 earnings released: S$0.002 loss per share (vs S$0 in FY 2024) Full year 2025 results: S$0.002 loss per share (further deteriorated from S$0 in FY 2024). Revenue: S$33.8m (up 25% from FY 2024). Net loss: S$1.52m (down S$1.55m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Aankondiging • Jul 15
Sunmoon Food Company Limited, Annual General Meeting, Jul 29, 2025 Sunmoon Food Company Limited, Annual General Meeting, Jul 29, 2025, at 14:00 Singapore Standard Time. Location: dorsett changi city, meeting room pod 2, 3 changi business park central 1, singapore 486037, Singapore New Risk • May 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -S$849k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-S$849k free cash flow). Market cap is less than US$10m (S$12.6m market cap, or US$9.80m). Reported Earnings • May 28
Full year 2025 earnings released: S$0.002 loss per share (vs S$0 in FY 2024) Full year 2025 results: S$0.002 loss per share (further deteriorated from S$0 in FY 2024). Revenue: S$33.8m (up 25% from FY 2024). Net loss: S$1.52m (down S$1.55m from profit in FY 2024). Aankondiging • May 28
Sunmoon Food Company Limited to Report Fiscal Year 2025 Results on May 27, 2025 Sunmoon Food Company Limited announced that they will report fiscal year 2025 results on May 27, 2025 New Risk • Apr 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: S$12.6m (US$9.39m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (S$12.6m market cap, or US$9.39m). New Risk • Mar 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (S$16.3m market cap, or US$12.2m). New Risk • Sep 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 15% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (28% accrual ratio). Minor Risk Market cap is less than US$100m (S$18.1m market cap, or US$13.8m). Aankondiging • Jul 16
Sunmoon Food Company Limited, Annual General Meeting, Jul 30, 2024 Sunmoon Food Company Limited, Annual General Meeting, Jul 30, 2024, at 14:00 Singapore Standard Time. Location: capri changi city, meeting room pod 1, 3 changi business park central 1, singapore 486037, Singapore Reported Earnings • Jun 05
Full year 2024 earnings released: EPS: S$0 (vs S$0.003 loss in FY 2023) Full year 2024 results: EPS: S$0 (improved from S$0.003 loss in FY 2023). Revenue: S$27.1m (down 36% from FY 2023). Net income: S$28.0k (up S$2.02m from FY 2023). Profit margin: 0.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. New Risk • May 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Risk Less than 1 year of cash runway based on free cash flow trend (-S$2.5m free cash flow). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (S$16.3m market cap, or US$12.0m). New Risk • Nov 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -S$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-S$2.5m free cash flow). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (S$15.4m market cap, or US$11.3m). Reported Earnings • Nov 08
First half 2024 earnings released: S$0.001 loss per share (vs S$0 in 1H 2023) First half 2024 results: S$0.001 loss per share (further deteriorated from S$0 in 1H 2023). Revenue: S$13.6m (down 33% from 1H 2023). Net loss: S$600.0k (loss widened 226% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 18% per year. Board Change • Oct 09
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Advisor Gary Loh was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 16
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: S$499k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Significant insider selling over the past 3 months (S$499k sold). Market cap is less than US$100m (S$17.2m market cap, or US$12.6m). Aankondiging • Aug 03
Sunmoon Food Company Limited to Report First Half, 2024 Results on Nov 14, 2023 Sunmoon Food Company Limited announced that they will report first half, 2024 results on Nov 14, 2023 Reported Earnings • Jul 14
Full year 2023 earnings released: S$0.003 loss per share (vs S$0.001 loss in FY 2022) Full year 2023 results: S$0.003 loss per share (further deteriorated from S$0.001 loss in FY 2022). Revenue: S$42.4m (up 8.8% from FY 2022). Net loss: S$2.00m (loss widened 109% from FY 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Aankondiging • Jul 13
Sunmoon Food Company Limited, Annual General Meeting, Jul 31, 2023 Sunmoon Food Company Limited, Annual General Meeting, Jul 31, 2023, at 14:00 Singapore Standard Time. Location: Park Avenue Convention Centre 4 Changi Business Park Avenue 1 Singapore Singapore Agenda: To receive and adopt the Directors' Statement and the Audited Financial Statements for the financial year ended 31 March 2023 together with the Auditors' Report; to approve the payment of Directors' Fees of SGD 147,187.00 for the financial year ended 31 March 2023; to consider the re-election of directors; to re-appoint CLA Global TS Public Accounting Corporation as independent auditor of the Company and to authorise the Directors to fix its remuneration; to consider Authority to issue and allot shares; to consider Proposed Share Buyback Mandate; and to consider the Proposed Renewal of the Interested Person Transaction Mandate. Aankondiging • Jul 01
Sunmoon Food Company Limited Announces Executive Changes and Changes in the Composition of the Board of Directors and Committees The Board of Directors of Sunmoon Food Company Limited announced that Mr. Gary Loh Hock Chuan (Mr. Loh) has resigned as Deputy Chairman, Non-Independent and Non-Executive Director of the company with effect from 1 July 2023. Consequent to the changes, the composition of the Board of Directors and Committees shall be reconstituted as follows: Board of Directors: Mr. James Prideaux - Non-Executive Chairman and Lead Independent Director, Mr. Zhang Ye - Executive Director and Chief Executive Officer, Mr. Cen Jian - Executive Director, Ms. Liu YuanYuan - Executive Director and Strategy Director, Ms. Ng Bie Tjin @Djuniarti Intan - Independent Non-Executive Director, Mr. Yuen Pei Lur, Perry - Independent Non-Executive Director, Mr. Wang Bo - Non-Independent Non-Executive Director and Mr. Song XiaoJun - Non-Independent Non-Executive Director. Audit and Risk Committee: Ms. Ng Bie Tjin @Djuniarti Intan - Chairperson, Mr. James Prideaux - Member, Mr. Yuen Pei Lur, Perry - Member, Mr. Wang Bo - Member. Nominating Committee: Ms. Ng Bie Tjin @Djuniarti Intan - Chairperson, Mr. James Prideaux - Member, Mr. Yuen Pei Lur, Perry - Member, Mr. Zhang Ye - Member and Ms. Liu YuanYuan - Member. Remuneration Committee: Mr. Yuen Pei Lur, Perry - Chairman, Mr. James Prideaux - Member, Ms. Ng Bie Tjin @Djuniarti Intan - Member and Mr. Song XiaoJun - Member. The Company has, under a consulting agreement, appointed Mr. Loh as an Advisor to the Board to provide strategic guidance and advice to the Board in relation to the Company's business. Mr. Loh is the founder and CEO of DiMuto, a global agrifintech solution digitalizing food supply chains for data visibility and trade financing. To date, DiMuto has successfully tracked and traced over millions of pieces in produce and millions in dollars of trade value on their platform. Mr. Loh was appointed to the Board as a Non-Independent Director on 15 April 2007, as Deputy Chairman of the Board on 22 May 2007 and as Executive Director and Chairman of the Executive Committee on 1 July 2007 which was dissolved on 5 November 2013. He was appointed as Executive Chairman of the Board on 7 October 2013. He stepped down as Chairman and was appointed as Deputy Chairman of the Board on 31 August 2017. He was re- designated as Non-Executive Director on 1 April 2019. Mr. Loh is the Executive Chairman of First Alverstone Capital Ltd. He was the Director of Sales in UOB Kay Hian Pte Ltd. Mr. Loh graduated from the National University of Singapore (NUS) with a Bachelor of Arts (Political Science & Economics) and NUS Business School with a Master in Applied Finance. He also completed Harvard Business School Owner/President Management (OPM) Program. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Director Xiaojun Song was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 19
Full year 2023 earnings released: S$0.001 loss per share (vs S$0.001 loss in FY 2022) Full year 2023 results: S$0.001 loss per share (in line with FY 2022). Revenue: S$42.4m (up 8.8% from FY 2022). Net loss: S$608.0k (loss narrowed 36% from FY 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Aankondiging • May 19
Sunmoon Food Company Limited to Report Fiscal Year 2023 Results on May 17, 2023 Sunmoon Food Company Limited announced that they will report fiscal year 2023 results at 5:00 PM, Singapore Standard Time on May 17, 2023 Aankondiging • May 17
Sunmoon Food Company Limited Appoints Song Xiaojun as Non-Independent Non-Executive Director Sunmoon Food Company Limited announced that With the recommendation from the Nominating Committee, the Board has appointed Mr. Song XiaoJun as a Non-Independent Non-Executive Director or the Company. Information relating to the appointment of Mr. Song XiaoJun as required under Rule 704(7) of the Listing Manual of the Singapore Exchange Securities Trading Limited (SGX-ST) is contained in a separate announcement released today. In addition, Mr. Song has been appointed as a Member of Remuneration Committee. composition of the board of directors and committees Consequent to the abovementioned changes, the composition of the Board of Directors and Committees shall be reconstituted as follows with from 15 May 2023: Board of Directors Mr. James Prideaux - Non-Executive Chairman and Lead Independent Director Mr. Gary Loh Hock Chuan - Deputy Chairman and Non-Executive Director Mr. Zhang Ye - Executive Director and Chief Executive Officer Mr. Cen Jian - Executive Director Ms Liu YuanYuan - Executive Director and Strategy Director Ms Ng Bie Tjin Djuniarti Intan - Independent Non-Executive Director Mr. Yuen Pei Lur, Perry - Independent Non-Executive Director Mr. Wang Bo - Non-Independent Non-Executive Director Mr. Song XiaoJun - Non-Independent Non-Executive Director Audit and Risk Committee Ms Ng Bie Tjin Djuniarti Intan - Chairperson Mr. James Prideaux - Member Mr. Yuen Pei Lur, Perry - Member Mr. Wang Bo - Member Nominating Committee Ms Ng Bie Tjin Djuniarti Intan - Chairperson Mr. James Prideaux - Member Mr. Yuen Pei Lur, Perry - Member Mr. Zhang Ye - Member Ms Liu YuanYuan - Member Remuneration Committee Mr. Yuen Pei Lur, Perry - Chairman Mr. James Prideaux - Member Ms Ng Bie Tjin Djuniarti Intan - Member Mr. Song XiaoJun - Member. Reported Earnings • Feb 10
Third quarter 2023 earnings released: S$0.001 loss per share (vs S$0 in 3Q 2022) Third quarter 2023 results: S$0.001 loss per share (further deteriorated from S$0 in 3Q 2022). Revenue: S$9.82m (down 24% from 3Q 2022). Net loss: S$478.0k (loss widened 265% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Aankondiging • Nov 28
Sunmoon Food Company Limited Announces Board and Committee Changes Sunmoon Food Company Limited announced that, with the recommendation from the Nominating Committee, the Board has appointed Mr. Yuen Pei Lur, Perry as an Independent Non-executive Director or the Company. In addition, Mr. Perry Yuen has been appointed as a Chairman and Member of the following Board Committees: Chairman of Remuneration Committee; Member of Audit and Risk Committee; and Member of Nominating Committee. COMPOSITION OF THE BOARD OF DIRECTORS AND COMMITTEES: Consequent to the abovementioned changes, the composition of the Board of Directors and Committees shall be reconstituted as follows with from: Board of Directors: Mr. James Prideaux: Non-Executive Chairman and Lead Independent Director; Mr. Gary Loh Hock Chuan: Deputy Chairman and Non-Executive Director; Mr. Zhang Ye: Executive Director and Chief Executive Officer; Mr. Cen Jian: Executive Director; Ms. Ng Bie Tjin @Djuniarti Intan: Independent Non-Executive Director; Mr. Yuen Pei Lur, Perry: Independent Non-Executive Director; Mr. Jin Guanglei: Non-Independent Non-Executive Director; Mr. Xue Yuning: Non-Independent Non-Executive Director. Audit and Risk Committee: Ms. Ng Bie Tjin @Djuniarti Intan: Chairperson; Mr. James Prideaux: Member; Mr. Yuen Pei Lur, Perry: Member; Mr. Jin Guanglei: Member. Nominating Committee: Ms. Ng Bie Tjin @Djuniarti Intan: Chairperson; Mr. James Prideaux: Member; Mr. Yuen Pei Lur, Perry: Member; Mr. Jin Guanglei: Member; Mr. Zhang Ye: Member. Remuneration Committee: Mr. Yuen Pei Lur, Perry: Chairman; Mr. James Prideaux: Member; Ms. Ng Bie Tjin @Djuniarti Intan: Member; Mr. Jin Guanglei: Member. Reported Earnings • Nov 05
Second quarter 2023 earnings released: EPS: S$0 (vs S$0 in 2Q 2022) Second quarter 2023 results: EPS: S$0 (in line with 2Q 2022). Revenue: S$10.9m (up 60% from 2Q 2022). Net loss: S$98.0k (loss narrowed 77% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 01
First quarter 2023 earnings released: EPS: S$0 (vs S$0 in 1Q 2022) First quarter 2023 results: EPS: S$0 (in line with 1Q 2022). Revenue: S$9.45m (up 28% from 1Q 2022). Net loss: S$86.0k (loss narrowed 72% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Aankondiging • Sep 30
Sunmoon Food Company Limited Announces Retirement of Yang Guang as Independent and Non-Executive Director Sunmoon Food Company Limited announced retirement of Yang Guang as Independent and Non-Executive Director. An Independent Non-Executive Director, Chairman of Nominating Committee and Remuneration Committee and a member of the Audit and Risk Committee. Mr. Yang Guang retired as an Independent Non-Executive Director following the conclusion of Annual General Meeting of the Company held on 29 September 2022 and has not sought for re-appointment. Accordingly, Mr. Yang Guang ceased as Chairman of Nominating Committee and Remuneration Committee and a member of the Audit and Risk Committee. Aankondiging • Sep 15
Sunmoon Food Company Limited, Annual General Meeting, Sep 29, 2022 Sunmoon Food Company Limited, Annual General Meeting, Sep 29, 2022, at 14:00 Singapore Standard Time. Agenda: To receive and adopt the Directors's Statement and the Audited Financial Statements for the financial year ended 31 March 2022 together with the Auditors's Report; to approve the payment of Directors' Fees of S$154,000.00 for the financial year ended 31 March 2022; to record the retirement of Mr. Yang Guang, a Director who is retiring by rotation in accordance with Regulation 104 of the Company's Constitution; to re-elect Ms. Ng Bie Tjin @Djuniarti Intan, a Director who is retiring by rotation in accordance with Regulation 104 of the Company's Constitution and who, being eligible, offers herself for re-election as a Director of the Company; to re-appoint Nexia TS Public Accounting Corporation as independent auditor of and to authorise the Directors to fix its remuneration; to consider the authority to issue and allot shares; to consider the Proposed Renewal of the Share Buyback; and to consider the Proposed Renewal of the Expanded Interested Person Transaction. Reported Earnings • Jul 30
Full year 2022 earnings released: S$0.001 loss per share (vs S$0.001 profit in FY 2021) Full year 2022 results: S$0.001 loss per share (down from S$0.001 profit in FY 2021). Revenue: S$38.9m (up 18% from FY 2021). Net loss: S$955.0k (down 205% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.