BST:QSH

Stock Analysis Report

Executive Summary

SHS Holdings Ltd., an investment holding company, engages in grit blasting and painting activities in Singapore, Malaysia, Vietnam, Thailand, Indonesia, the People’s Republic of China, Mongolia, Korea, Bangladesh, and internationally.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • SHS Holdings is not covered by any analysts.

Share Price & News

How has SHS Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.3%

BST:QSH

-3.3%

DE Construction

-1.6%

DE Market


1 Year Return

-28.2%

BST:QSH

-30.7%

DE Construction

-10.5%

DE Market

QSH outperformed the Construction industry which returned -33.3% over the past year.

QSH underperformed the Market in Germany which returned -12% over the past year.


Share holder returns

QSHIndustryMarket
7 Day1.3%-3.3%-1.6%
30 Day-5.5%-12.4%-5.4%
90 Day3.4%-16.9%-6.0%
1 Year-28.2%-28.2%-27.8%-30.7%-7.7%-10.5%
3 Year-11.7%-13.7%-14.8%-21.1%9.4%-0.02%
5 Year-25.7%-42.3%78.3%58.4%25.5%8.1%

Price Volatility Vs. Market

How volatile is SHS Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is SHS Holdings undervalued based on future cash flows and its price relative to the stock market?

0.64x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for SHS Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for SHS Holdings to establish if it is available at substantial discount.


Price Based on Earnings

SHS Holdings is loss making, we can't compare its value to the Europe Construction industry average.

SHS Holdings is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for SHS Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

SHS Holdings is good value based on assets compared to the Europe Construction industry average.


Next Steps

Future Growth

How is SHS Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.2%

Forecasted Construction industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SHS Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has SHS Holdings performed over the past 5 years?

-59.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SHS Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare SHS Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare SHS Holdings's 1-year growth to the Europe Construction industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if SHS Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if SHS Holdings has efficiently used its assets last year compared to the Europe Construction industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if SHS Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is SHS Holdings's financial position?


Financial Position Analysis

SHS Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

SHS Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

SHS Holdings's level of debt (10.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (43.6% vs 10.2% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on SHS Holdings's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 4.8x debt.


Next Steps

Dividend

What is SHS Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate SHS Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate SHS Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as SHS Holdings has not reported any payouts.

Unable to verify if SHS Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as SHS Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of SHS Holdings's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average management tenure


CEO

Henry Ng

5.5yrs

Tenure

Mr. Han Kok Ng, also known as Henry, has been the Chief Executive Officer of SHS Holdings Ltd. since February 28, 2014 and its Executive Director since January 03, 2014. Mr. Ng’s role is to drive the integ ...


Management Age and Tenure

3.9yrs

Average Tenure

The tenure for the SHS Holdings management team is about average.


Board Age and Tenure

4.6yrs

Average Tenure

58.5yo

Average Age

The tenure for the SHS Holdings board of directors is about average.


Insider Trading

More shares have been bought than sold by SHS Holdings individual insiders in the past 3 months.


Recent Insider Transactions

Buy€32,42730 Jul 19
Han Kok Ng
EntityIndividual
Role
Group CEO & Executive Director
Member of the Board of Directors
Shares280,000
Max Price€0.12
Buy€17,49609 Jul 19
Han Kok Ng
EntityIndividual
Role
Group CEO & Executive Director
Member of the Board of Directors
Shares150,000
Max Price€0.12
Buy€95,30928 Jun 19
Han Kok Ng
EntityIndividual
Role
Group CEO & Executive Director
Member of the Board of Directors
Shares838,600
Max Price€0.11

Ownership Breakdown


Management Team

  • Steve Tan (47yo)

    Regional Director of Industrial & Wholesale and Business Development for Tat Petroleum Pte Ltd

    • Tenure: 4.2yrs
  • Vasuder Nair

    Chief Financial Officer of Modular Construction - Engineering & Construction

  • Victor Lai

    Company Secretary

    • Tenure: 2.3yrs
  • Choon Kiat Teng

    Executive Chairman

  • Henry Ng

    Group CEO & Executive Director

    • Tenure: 5.5yrs
  • Thomas Lim (71yo)

    Executive Director & CEO of Corrosion Prevention Services

    • Tenure: 3.7yrs
  • Philip Lee

    Chief Operating Officer of Solar Energy Segment

  • Tat Yang Wong

    Chief Financial Officer

  • Alistair William Sawer

    Managing Director of Modular Construction - Engineering & Construction Segment

  • Joseph Chua

    Chief Executive Officer of EPC - Solar Energy Segment


Board Members

  • Thomas Lim (71yo)

    Executive Director & CEO of Corrosion Prevention Services

    • Tenure: 3.7yrs
  • David Lee (57yo)

    Independent Director

    • Tenure: 5.8yrs
  • Gee Aik Lee (60yo)

    Lead Independent Director

    • Tenure: 1.4yrs
  • Henry Ng

    Group CEO & Executive Director

    • Tenure: 5.6yrs
  • Kenneth Oh (45yo)

    Independent Director

    • Tenure: 5.6yrs
  • Choon Kiat Teng

    Executive Chairman

    • Tenure: 1.4yrs

Company Information

SHS Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SHS Holdings Ltd.
  • Ticker: QSH
  • Exchange: BST
  • Founded: 1971
  • Industry: construction and engineering
  • Sector: capital goods
  • Market Cap: S$118.527m
  • Listing Market Cap: S$77.090m
  • Shares outstanding: 685.13m
  • Website: Click here

Number of Employees


Location

  • SHS Holdings Ltd.
  • 19 Tuas Avenue 20
  • Singapore
  • 638830
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
566SGX (Singapore Exchange)YesOrdinary SharesSGSGDNov 1998
QSHBST (Boerse-Stuttgart)YesOrdinary SharesDEEURNov 1998

Biography

SHS Holdings Ltd., an investment holding company, engages in grit blasting and painting activities in Singapore, Malaysia, Vietnam, Thailand, Indonesia, the People’s Republic of China, Mongolia, Korea, Ban ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 21:35
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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 here.