SGX:554

Stock Analysis Report

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Executive Summary

King Wan Corporation Limited, an investment holding company, provides mechanical and electrical engineering services for the building and construction industry in Singapore, China, and Thailand. More Details


Snowflake Analysis

Fair value with worrying balance sheet.

Share Price & News

How has King Wan's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine 554's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine 554's volatility change over the past year.


Market Performance


7 Day Return

-2.3%

554

-0.6%

SG Construction

-2.0%

SG Market


1 Year Return

-54.3%

554

-15.4%

SG Construction

-14.3%

SG Market

Return vs Industry: 554 underperformed the SG Construction industry which returned -15.4% over the past year.

Return vs Market: 554 underperformed the SG Market which returned -14.3% over the past year.


Shareholder returns

554IndustryMarket
7 Day-2.3%-0.6%-2.0%
30 Day-14.0%5.3%13.8%
90 Dayn/a2.8%8.2%
1 Year-54.3%-54.3%-13.4%-15.4%-9.6%-14.3%
3 Year-73.1%-73.1%-37.6%-42.6%-12.0%-23.0%
5 Year-80.3%-80.9%-30.1%-39.8%9.6%-10.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is King Wan undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 554 (SGD0.04) is trading below our estimate of fair value (SGD0.13)

Significantly Below Fair Value: 554 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 554 is unprofitable, so we can't compare its PE Ratio to the SG Construction industry average.

PE vs Market: 554 is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 554's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 554 is good value based on its PB Ratio (0.3x) compared to the SG Construction industry average (0.5x).


Next Steps

Future Growth

How is King Wan forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

Forecasted Capital Goods 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 King Wan 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 King Wan performed over the past 5 years?

52.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 554 is currently unprofitable.

Growing Profit Margin: 554 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 554 is unprofitable, but has reduced losses over the past 5 years at a rate of 52.3% per year.

Accelerating Growth: Unable to compare 554's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 554 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-14.8%).


Return on Equity

High ROE: 554 has a negative Return on Equity (-2.82%), as it is currently unprofitable.


Next Steps

Financial Health

How is King Wan's financial position?


Financial Position Analysis

Short Term Liabilities: 554's short term assets (SGD39.2M) do not cover its short term liabilities (SGD46.0M).

Long Term Liabilities: 554's short term assets (SGD39.2M) exceed its long term liabilities (SGD5.9M).


Debt to Equity History and Analysis

Debt Level: 554's debt to equity ratio (66.5%) is considered high.

Reducing Debt: 554's debt to equity ratio has increased from 48.6% to 66.5% over the past 5 years.

Debt Coverage: 554's debt is not well covered by operating cash flow (18.8%).

Interest Coverage: 554 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is King Wan current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 554's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 554's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 554's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 554's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 554 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 554's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.8yrs

Average management tenure


CEO

Chua Eng Eng (50 yo)

18.33yrs

Tenure

Ms. Chua Eng Eng has been a Director of Kaset Thai International Sugar Corporation Public Company Limited since January 29, 2013. Ms. Chua has been Managing Director of King Wan Corporation Limited since A...


Leadership Team

NamePositionTenureCompensationOwnership
Kim Hua Chua
Executive Chairman 20.83yrsno data12.63%
SGD 2.0m
Chua Eng Eng
MD & Executive Director18.33yrsno data10.48%
SGD 1.6m
Ai Ling Ong
Financial Controller3.08yrsno datano data
Yean Cheng Chua
Human Resource & Admin Manager9.42yrsno datano data
Hai Kuey Chua
Executive Director20.83yrsno data6.37%
SGD 1.0m
Siok Ching Lim
Company Secretary4.58yrsno datano data
Mong Seng Ang
18.25yrsno datano data

13.8yrs

Average Tenure

59.5yo

Average Age

Experienced Management: 554's management team is seasoned and experienced (13.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kim Hua Chua
Executive Chairman 20.83yrsno data12.63%
SGD 2.0m
Chua Eng Eng
MD & Executive Director18.33yrsno data10.48%
SGD 1.6m
Hai Kuey Chua
Executive Director20.83yrsno data6.37%
SGD 1.0m
Chee Wee Goh
Lead Independent Director2.08yrsno datano data
Nget Yuen Siow
Director of King Wan Construction Pte Ltd20.08yrsno datano data
Soon Kiat Er
Director of King Wan Construction Pte Ltdno datano datano data
Kok Chuan Chua
Director of King Wan Construction Pte Ltdno datano datano data
Siraarpa Siriviriyakul
Independent Non-Executive Director3.17yrsno datano data
Siew Foo Tang
Independent Non-Executive Director2.08yrsno datano data

20.1yrs

Average Tenure

58yo

Average Age

Experienced Board: 554's board of directors are seasoned and experienced ( 20.1 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

King Wan Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: King Wan Corporation Limited
  • Ticker: 554
  • Exchange: SGX
  • Founded: 1977
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: S$15.713m
  • Shares outstanding: 349.18m
  • Website: https://www.kingwan.com

Location

  • King Wan Corporation Limited
  • No. 8 Sungei Kadut Loop
  • Singapore
  • 729455
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
554SGX (Singapore Exchange)YesOrdinary SharesSGSGDDec 2000

Biography

King Wan Corporation Limited, an investment holding company, provides mechanical and electrical engineering services for the building and construction industry in Singapore, China, and Thailand. Its Plumbi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 11:14
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.