SingHaiyi Group
Market Cap
€185.5m
Last Updated
2020/06/01 22:24 UTC
Data Sources
Company Financials
Executive Summary
SingHaiyi Group Ltd., an investment holding company, develops, owns, and manages real estate properties in Singapore, Malaysia, Australia, and the United States.
Risk Analysis
+ 3 more risks
Snowflake Analysis
Imperfect balance sheet and overvalued.
Share Price & News
How has SingHaiyi Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SXTN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.0%
SXTN
2.8%
DE Real Estate
3.1%
DE Market
1 Year Return
-37.5%
SXTN
-5.9%
DE Real Estate
0.1%
DE Market
Return vs Industry: SXTN underperformed the German Real Estate industry which returned -5.9% over the past year.
Return vs Market: SXTN underperformed the German Market which returned 0.1% over the past year.
Shareholder returns
| SXTN | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | 2.8% | 3.1% |
| 30 Day | -8.5% | 8.2% | 5.6% |
| 90 Day | -28.6% | -3.6% | -1.8% |
| 1 Year | -36.3%-37.5% | -4.5%-5.9% | 1.8%0.1% |
| 3 Year | n/a | 29.4%21.6% | -7.2%-14.3% |
| 5 Year | n/a | 98.5%72.6% | 4.3%-9.1% |
Price Volatility Vs. Market
How volatile is SingHaiyi Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is SingHaiyi Group undervalued compared to its fair value and its price relative to the market?
300x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SXTN (€0.03) is trading above our estimate of fair value (€0.01)
Significantly Below Fair Value: SXTN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SXTN is poor value based on its PE Ratio (300x) compared to the Real Estate industry average (10.3x).
PE vs Market: SXTN is poor value based on its PE Ratio (300x) compared to the German market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SXTN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SXTN is good value based on its PB Ratio (0.4x) compared to the DE Real Estate industry average (1.4x).
Next Steps
Future Growth
How is SingHaiyi Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-3.0%
Forecasted Real Estate 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 SingHaiyi Group 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
- Take a look at our analysis of SXTN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- SingHaiyi Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has SingHaiyi Group performed over the past 5 years?
-8.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SXTN has a high level of non-cash earnings.
Growing Profit Margin: SXTN's current net profit margins (2.5%) are lower than last year (13.6%).
Past Earnings Growth Analysis
Earnings Trend: SXTN's earnings have declined by -8.3% per year over the past 5 years.
Accelerating Growth: SXTN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SXTN had negative earnings growth (-94.1%) over the past year, making it difficult to compare to the Real Estate industry average (10%).
Return on Equity
High ROE: SXTN's Return on Equity (-2.3%) is considered low.
Next Steps
Financial Health
How is SingHaiyi Group's financial position?
Financial Position Analysis
Short Term Liabilities: SXTN's short term assets (SGD1.9B) exceed its short term liabilities (SGD186.2M).
Long Term Liabilities: SXTN's short term assets (SGD1.9B) exceed its long term liabilities (SGD1.4B).
Debt to Equity History and Analysis
Debt Level: SXTN's debt to equity ratio (231.1%) is considered high.
Reducing Debt: SXTN's debt to equity ratio has increased from 125.5% to 231.1% over the past 5 years.
Debt Coverage: SXTN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SXTN's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is SingHaiyi Group's current dividend yield, its reliability and sustainability?
2.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SXTN's dividend (2.17%) is higher than the bottom 25% of dividend payers in the German market (1.28%).
High Dividend: SXTN's dividend (2.17%) is low compared to the top 25% of dividend payers in the German market (3.94%).
Stability and Growth of Payments
Stable Dividend: SXTN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SXTN has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (652.2%), SXTN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.5yrs
Average management tenure
CEO
Serena Tang
6.5yrs
Tenure
Mrs. Celine Tang @ Chen Huaidan, also known as Serena, has been the Non-Executive Chairman of the Board at Chip Eng Seng Corp. Ltd since October 11, 2018. Mrs. Tang has been Non-Executive Chairman at OKH G ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group MD & Executive Director | 6.5yrs | no data | no data | |
| Chief Financial Officer | 1.17yrs | no data | no data | |
| Managing Director of USA Operations & Executive Director | 7.17yrs | no data | 0.097% SGD179.5k | |
| Deputy Chief Executive Officer | no data | no data | no data | |
| Company Secretary | 6.5yrs | no data | no data | |
| General Manager of Project Development | no data | no data | no data |
6.5yrs
Average Tenure
Experienced Management: SXTN's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group MD & Executive Director | 6.5yrs | no data | no data | |
| Managing Director of USA Operations & Executive Director | 7.17yrs | no data | 0.097% SGD179.5k | |
| Lead Independent Non-Executive Director | 6yrs | no data | 0.018% SGD33.0k | |
| Independent Non-Executive Director | 6.92yrs | no data | 0.036% SGD66.0k | |
| Independent Non-Executive Director | 4.67yrs | no data | no data | |
| Non-Executive Chairman of the Board | 7.17yrs | no data | no data | |
| Independent Non-Executive Director | 3.67yrs | no data | no data |
6.9yrs
Average Tenure
64yo
Average Age
Experienced Board: SXTN's board of directors are considered experienced (6.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SingHaiyi Group Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: SingHaiyi Group Ltd.
- Ticker: SXTN
- Exchange: DB
- Founded: 1988
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: S$290.630m
- Listing Market Cap: S$185.463m
- Shares outstanding: 4.21b
- Website: https://www.singhaiyi.com
Number of Employees
Location
- SingHaiyi Group Ltd.
- 6 Shenton Way
- No. 45-01 OUE Downtown 1
- Singapore
- 68809
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5H0 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jul 2002 |
| SXTN | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2002 |
Biography
SingHaiyi Group Ltd., an investment holding company, develops, owns, and manages real estate properties in Singapore, Malaysia, Australia, and the United States. It operates through Property Development; and Property and Property Related Investment segments. The company develops and sells residential properties; owns and manages residential, commercial, retail, and other properties; and leases Tri-County Mall. It also provides property development advisory services. The company was formerly known as SingXpress Land Ltd. and changed its name to SingHaiyi Group Ltd. in March 2013. SingHaiyi Group Ltd. was incorporated in 1988 and is headquartered in Singapore. SingHaiyi Group Ltd. is a subsidiary of Haiyi Holdings Pte Ltd.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/01 22:24 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.