Tuas Limited

ASX:TUA Stock Report

Market Cap: AU$1.4b

Tuas Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Richard Tan

Chief executive officer

S$1.8m

Total compensation

CEO salary percentage46.53%
CEO tenureno data
CEO ownership0.2%
Management average tenureno data
Board average tenure3.9yrs

Recent management updates

Recent updates

Analysis Article • Jan 06

Tuas Limited's (ASX:TUA) Earnings Haven't Escaped The Attention Of Investors

When you see that almost half of the companies in the Telecom industry in Australia have price-to-sales ratios (or...
Analysis Article • Oct 02

Investors Shouldn't Be Too Comfortable With Tuas' (ASX:TUA) Earnings

Tuas Limited's ( ASX:TUA ) robust earnings report didn't manage to move the market for its stock. Our analysis suggests...
Analysis Article • Sep 28

Investors Interested In Tuas Limited's (ASX:TUA) Revenues

When close to half the companies in the Telecom industry in Australia have price-to-sales ratios (or "P/S") below 0.8x...
Analysis Article • Jan 29

Why Investors Shouldn't Be Surprised By Tuas Limited's (ASX:TUA) P/S

Tuas Limited's ( ASX:TUA ) price-to-sales (or "P/S") ratio of 21.4x may look like a poor investment opportunity when...
Analysis Article • Oct 01

Tuas Limited's (ASX:TUA) P/S Is Still On The Mark Following 25% Share Price Bounce

Tuas Limited ( ASX:TUA ) shareholders have had their patience rewarded with a 25% share price jump in the last month...
Analysis Article • Jan 29

Here's Why We're Not At All Concerned With Tuas' (ASX:TUA) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, Tuas ( ASX:TUA ) stock is...
Analysis Article • Dec 18

Tuas Limited's (ASX:TUA) P/S Is Still On The Mark Following 33% Share Price Bounce

Tuas Limited ( ASX:TUA ) shares have continued their recent momentum with a 33% gain in the last month alone. The last...
Analysis Article • Sep 19

We're Not Worried About Tuas' (ASX:TUA) Cash Burn

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article • Aug 11

Tuas Limited's (ASX:TUA) Share Price Matching Investor Opinion

When close to half the companies in the Telecom industry in Australia have price-to-sales ratios (or "P/S") below 1.2x...
Analysis Article • Jun 02

We're Interested To See How Tuas (ASX:TUA) Uses Its Cash Hoard To Grow

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Nov 29

Companies Like Tuas (ASX:TUA) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Feb 28

Here's Why We're Not At All Concerned With Tuas' (ASX:TUA) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. Indeed, Tuas ( ASX:TUA ) stock is up...
Analysis Article • Oct 17

We Think Tuas (ASX:TUA) Can Easily Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. Indeed, Tuas ( ASX:TUA ) stock is up...
Analysis Article • Feb 22

Companies Like Tuas (ASX:TUA) Could Be Quite Risky

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article • Jan 12

What Is The Ownership Structure Like For Tuas Limited (ASX:TUA)?

The big shareholder groups in Tuas Limited ( ASX:TUA ) have power over the company. Institutions often own shares in...
Analysis Article • Dec 08

Robert Millner Is The Non-Executive Director of Tuas Limited (ASX:TUA) And They Just Picked Up 24% More Shares

Potential Tuas Limited ( ASX:TUA ) shareholders may wish to note that the Non-Executive Director, Robert Millner...
Analysis Article • Nov 23

Companies Like Tuas (ASX:TUA) Could Be Quite Risky

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

CEO Compensation Analysis

How has Richard Tan's remuneration changed compared to Tuas's earnings?
DateTotal CompensationSalaryCompany Earnings
Jan 31 2026n/an/a

S$12m

Oct 31 2025n/an/a

S$10m

Jul 31 2025S$2mS$856k

S$7m

Apr 30 2025n/an/a

S$5m

Jan 31 2025n/an/a

S$2m

Oct 31 2024n/an/a

-S$1m

Jul 31 2024S$2mS$823k

-S$4m

Apr 30 2024n/an/a

-S$8m

Jan 31 2024n/an/a

-S$11m

Oct 31 2023n/an/a

-S$13m

Jul 31 2023S$2mS$777k

-S$15m

Apr 30 2023n/an/a

-S$18m

Jan 31 2023n/an/a

-S$21m

Oct 31 2022n/an/a

-S$24m

Jul 31 2022S$2mS$731k

-S$27m

Jul 31 2021S$1mS$766k

-S$21m

Compensation vs Market: Richard's total compensation ($USD1.43M) is about average for companies of similar size in the Australian market ($USD1.14M).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.

CEO

Richard Tan

no data
Tenure
S$1,839,568
Compensation

Mr. Chung Yaw Tan, also known as Richard, is Chief Executive Officer of SIMBA Telecom Pte. Ltd. He is Chief Executive Officer of Simba of Tuas Limited.Mr. Tan was Chief Executive Officer, TPG Singapore of...

Board Members

NamePositionTenureCompensationOwnership
Hai Teoh
Executive Chairman6.3yrsS$143.50k31.54%
A$ 456.7m
Craig Levy
Independent Non-Executive Director2.5yrsS$90.88k0.037%
A$ 542.3k
Joo Mien Ong
Independent Directorless than a yearno datano data
Sarah Kenny
Independent Non-Executive Director6.1yrsS$90.88k0.0027%
A$ 39.7k
Bob Teoh
Non-Executive Director3.9yrsS$71.75k0.012%
A$ 175.9k
3.9yrs
Average Tenure

Experienced Board: TUA's board of directors are considered experienced (3.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 22:36
End of Day Share Price 2026/06/12 00:00
Earnings2026/01/31
Annual Earnings2025/07/31

Data Sources

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

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

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

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

Analysis Model and Snowflake

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

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

Industry and Sector Metrics

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

Analyst Sources

Tuas Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Citi ResearchCitigroup Inc
William ParkCitigroup Inc
Siraj AhmedCitigroup Inc