King Wan Corporation Limited

SGX:554 Stock Report

Market Cap: S$23.0m

King Wan Balance Sheet Health

Financial Health criteria checks 3/6

King Wan has a total shareholder equity of SGD71.0M and total debt of SGD26.0M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are SGD118.6M and SGD47.7M respectively. King Wan's EBIT is SGD216.0K making its interest coverage ratio 0.3. It has cash and short-term investments of SGD8.5M.

Key information

36.6%

Debt to equity ratio

S$25.99m

Debt

Interest coverage ratio0.3x
CashS$8.50m
EquityS$70.95m
Total liabilitiesS$47.66m
Total assetsS$118.61m

Recent financial health updates

Does King Wan (SGX:554) Have A Healthy Balance Sheet?

Jun 14
Does King Wan (SGX:554) Have A Healthy Balance Sheet?

Is King Wan (SGX:554) Using Debt Sensibly?

Dec 11
Is King Wan (SGX:554) Using Debt Sensibly?

We Think King Wan (SGX:554) Has A Fair Chunk Of Debt

Jul 23
We Think King Wan (SGX:554) Has A Fair Chunk Of Debt

Does King Wan (SGX:554) Have A Healthy Balance Sheet?

Mar 29
Does King Wan (SGX:554) Have A Healthy Balance Sheet?

King Wan (SGX:554) Seems To Use Debt Quite Sensibly

Sep 29
King Wan (SGX:554) Seems To Use Debt Quite Sensibly

We Think King Wan (SGX:554) Can Stay On Top Of Its Debt

Jun 15
We Think King Wan (SGX:554) Can Stay On Top Of Its Debt

Recent updates

Market Cool On King Wan Corporation Limited's (SGX:554) Revenues

Aug 09
Market Cool On King Wan Corporation Limited's (SGX:554) Revenues

Does King Wan (SGX:554) Have A Healthy Balance Sheet?

Jun 14
Does King Wan (SGX:554) Have A Healthy Balance Sheet?

Some Confidence Is Lacking In King Wan Corporation Limited's (SGX:554) P/S

Apr 10
Some Confidence Is Lacking In King Wan Corporation Limited's (SGX:554) P/S

Is King Wan (SGX:554) Using Debt Sensibly?

Dec 11
Is King Wan (SGX:554) Using Debt Sensibly?

We Think King Wan (SGX:554) Has A Fair Chunk Of Debt

Jul 23
We Think King Wan (SGX:554) Has A Fair Chunk Of Debt

Does King Wan (SGX:554) Have A Healthy Balance Sheet?

Mar 29
Does King Wan (SGX:554) Have A Healthy Balance Sheet?

King Wan (SGX:554) Seems To Use Debt Quite Sensibly

Sep 29
King Wan (SGX:554) Seems To Use Debt Quite Sensibly

Returns At King Wan (SGX:554) Are On The Way Up

Aug 08
Returns At King Wan (SGX:554) Are On The Way Up

We Think King Wan (SGX:554) Can Stay On Top Of Its Debt

Jun 15
We Think King Wan (SGX:554) Can Stay On Top Of Its Debt

King Wan (SGX:554) Is Doing The Right Things To Multiply Its Share Price

Mar 22
King Wan (SGX:554) Is Doing The Right Things To Multiply Its Share Price

We Think King Wan (SGX:554) Can Stay On Top Of Its Debt

Nov 26
We Think King Wan (SGX:554) Can Stay On Top Of Its Debt

Does King Wan (SGX:554) Have A Healthy Balance Sheet?

Aug 17
Does King Wan (SGX:554) Have A Healthy Balance Sheet?

Estimating The Fair Value Of King Wan Corporation Limited (SGX:554)

May 04
Estimating The Fair Value Of King Wan Corporation Limited (SGX:554)

King Wan (SGX:554) Is Doing The Right Things To Multiply Its Share Price

Mar 29
King Wan (SGX:554) Is Doing The Right Things To Multiply Its Share Price

Is King Wan (SGX:554) Using Too Much Debt?

Feb 04
Is King Wan (SGX:554) Using Too Much Debt?

Will the Promising Trends At King Wan (SGX:554) Continue?

Dec 13
Will the Promising Trends At King Wan (SGX:554) Continue?

Financial Position Analysis

Short Term Liabilities: 554's short term assets (SGD33.6M) do not cover its short term liabilities (SGD47.2M).

Long Term Liabilities: 554's short term assets (SGD33.6M) exceed its long term liabilities (SGD434.0K).

Debt to Equity History and Analysis

Debt Level: 554's net debt to equity ratio (24.6%) is considered satisfactory.

Reducing Debt: 554's debt to equity ratio has reduced from 57.7% to 36.6% over the past 5 years.

Debt Coverage: 554's debt is not well covered by operating cash flow (7.3%).

Interest Coverage: 554's interest payments on its debt are not well covered by EBIT (0.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 20:35
End of Day Share Price 2025/01/07 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

King Wan Corporation Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yue LeeRHB Investment Bank
June TeyVoyage Research Pte Ltd