World Precision Machinery
Market Cap
S$80.0m
Last Updated
2019/11/16 12:46 UTC
Data Sources
Company Financials
Executive Summary
World Precision Machinery Limited, an investment holding company, manufactures and sells stamping machines and its related components in the People’s Republic of China.
Snowflake
Excellent balance sheet and fair value.
Share Price & News
How has World Precision Machinery's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: B49 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
B49
-0.2%
SG Machinery
-0.6%
SG Market
1 Year Return
42.9%
B49
-13.9%
SG Machinery
3.9%
SG Market
Return vs Industry: B49 exceeded the SG Machinery industry which returned -13.9% over the past year.
Return vs Market: B49 exceeded the SG Market which returned 3.9% over the past year.
Shareholder returns
| B49 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -0.2% | -0.6% |
| 30 Day | 2.6% | 7.2% | 3.1% |
| 90 Day | 28.2% | 6.0% | 3.0% |
| 1 Year | 42.9%42.9% | -12.0%-13.9% | 8.0%3.9% |
| 3 Year | -43.7%-43.7% | 15.1%7.5% | 19.9%7.1% |
| 5 Year | -19.0%-40.3% | -32.7%-40.6% | 11.6%-7.0% |
Price Volatility Vs. Market
How volatile is World Precision Machinery's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
The World Precision Machinery (SGX:B49) Share Price Is Up 43% And Shareholders Are Holding On1 month ago | Simply Wall St
We Think World Precision Machinery (SGX:B49) Has A Fair Chunk Of Debt3 months ago | Simply Wall St
Could World Precision Machinery Limited's (SGX:B49) Investor Composition Influence The Stock Price?Valuation
Is World Precision Machinery undervalued compared to its fair value and its price relative to the market?
0.38x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: B49 (SGD0.2) is trading above our estimate of fair value (SGD0.09)
Significantly Below Fair Value: B49 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: B49 is good value based on its PE Ratio (-486.7x) compared to the Machinery industry average (9.2x).
PE vs Market: B49 is good value based on its PE Ratio (-486.7x) compared to the SG market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate B49's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: B49 is good value based on its PB Ratio (0.4x) compared to the SG Machinery industry average (0.6x).
Next Steps
Future Growth
How is World Precision Machinery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
29.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: B49's forecast earnings growth (29.8% per year) is above the savings rate (2.3%).
Earnings vs Market: B49's earnings (29.8% per year) are forecast to grow faster than the SG market (5.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if B49's revenue is forecast to grow faster than the SG market.
High Growth Revenue: Insufficient data to determine if B49's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if B49's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has World Precision Machinery performed over the past 5 years?
-46.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B49 has large one-off items impacting its financial results.
Growing Profit Margin: B49's current net profit margins (0.4%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: B49's earnings have declined by -46.9% per year over the past 5 years.
Accelerating Growth: B49's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: B49 had negative earnings growth (-85.3%) over the past year, making it difficult to compare to the Machinery industry average (4.6%).
Return on Equity
High ROE: B49's Return on Equity (0.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is World Precision Machinery's financial position?
Financial Position Analysis
Short Term Liabilities: B49's short term assets (CN¥625.5M) exceeds its short term liabilities (CN¥508.5M)
Long Term Liabilities: B49's short term assets (625.5M) exceeds its long term liabilities (8.5M)
Debt to Equity History and Analysis
Debt Level: B49's debt to equity ratio (3.2%) is considered satisfactory
Reducing Debt: B49's debt to equity ratio has reduced from 23.1% to 3.2% over the past 5 years.
Debt Coverage: B49's debt is well covered by operating cash flow (398.9%).
Interest Coverage: Insufficient data to determine if B49's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: B49 has a high level of physical assets or inventory.
Debt Coverage by Assets: B49's debt is covered by short term assets (assets are 18.3x debt).
Next Steps
Dividend
What is World Precision Machinery's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate B49's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate B49's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if B49's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if B49's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: B49 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of B49's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
Next Steps
Management
What is the CEO of World Precision Machinery's salary, the management and board of directors tenure and is there insider trading?
3.9yrs
Average management tenure
CEO
Ming Lei Ge 0
3.3yrs
Tenure
Mr. Ming Lei Ge is the General Manager of World Precise Machinery (China) Co Ltd since August 2016 and served as its Chief Deputy General Manager since March 2016. Mr. Ge has been the Chief Executive Offic ...
Management Age and Tenure
3.9yrs
Average Tenure
46yo
Average Age
Experienced Management: B49's management team is considered experienced (3.9 years average tenure).
Board Age and Tenure
8.0yrs
Average Tenure
Experienced Board: B49's board of directors are considered experienced (8 years average tenure).
Insider Trading
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.
Management Team
Jianjun Shao (63yo)
Executive Chairman
- Tenure: 6.6yrs
Samuell Ng (42yo)
Chief Financial Officer
- Tenure: 11.4yrs
Baoping Ge
Deputy GM & Chief Procurement Officer of WPM (China)
- Tenure: 3.9yrs
Ming Lei Ge
CEO & GM of WPM (China)
- Tenure: 3.3yrs
Perry Yuen
Company Secretary
- Tenure: 0yrs
Guojun Bao (46yo)
Chief Technology Officer & Chief Engineer of WPM (China)
- Tenure: 3.9yrs
Board Members
Weiyao Wang
Non-Executive & Non-Independent Director
- Tenure: 15.3yrs
Jianjun Shao (63yo)
Executive Chairman
- Tenure: 6.6yrs
Lawrence Phang
Lead Independent Director
- Tenure: 6.6yrs
Yoke Hean Lim (65yo)
Independent Director
- Tenure: 9.3yrs
Company Information
World Precision Machinery Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: World Precision Machinery Limited
- Ticker: B49
- Exchange: SGX
- Founded: 2004
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: S$80.000m
- Shares outstanding: 400.00m
- Website: https://www.wpmlimited.com
Number of Employees
Location
- World Precision Machinery Limited
- Picheng Town
- Danyang
- Jiangsu Province
- 212311
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| B49 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Apr 2006 |
Biography
World Precision Machinery Limited, an investment holding company, manufactures and sells stamping machines and its related components in the People’s Republic of China. The company’s products include high ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/16 12:46 |
| End of Day Share Price | 2019/11/12 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.