SGX:BJW

Stock Analysis Report

Executive Summary

Shinvest Holding Ltd., an investment holding company, manufactures and sells precision components and electromechanical assemblies for the semiconductor equipment manufacturers, aerospace, medical, and automotive industries in Singapore, Indonesia, Malaysia, China, the United States, and internationally.

Snowflake

Fundamentals

Flawless balance sheet not a dividend payer.

Risks

  • Shinvest Holding has significant price volatility in the past 3 months.
  • Shinvest Holding is not covered by any analysts.

Share Price & News

How has Shinvest Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

SGX:BJW

-2.0%

SG Machinery

0.08%

SG Market


1 Year Return

200.0%

SGX:BJW

-13.9%

SG Machinery

-2.6%

SG Market

BJW outperformed the Machinery industry which returned -12.3% over the past year.

BJW outperformed the Market in Singapore which returned -2.7% over the past year.


Share holder returns

BJWIndustryMarket
7 Day2.3%-2.0%0.08%
30 Day16.1%-23.6%-6.3%
90 Day100.0%-19.6%-1.4%
1 Year244.3%200.0%-12.0%-13.9%1.2%-2.6%
3 Year175.4%140.0%6.2%-0.6%15.8%3.5%
5 Year61.4%40.6%-43.2%-49.3%8.2%-9.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.18x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Shinvest Holding's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Shinvest Holding's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Shinvest Holding is loss making, we can't compare its value to the SG Machinery industry average.

Shinvest Holding is loss making, we can't compare the value of its earnings to the Singapore market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Shinvest Holding is overvalued based on assets compared to the SG Machinery industry average.


Next Steps

Future Growth

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

36.8%

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 Shinvest Holding 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 Shinvest Holding performed over the past 5 years?

1.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Shinvest Holding does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

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

Unable to compare Shinvest Holding's 1-year growth to the SG Machinery industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Shinvest Holding 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 Shinvest Holding has efficiently used its assets last year compared to the SG Machinery industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Shinvest Holding 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 Shinvest Holding's financial position?


Financial Position Analysis

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

Shinvest Holding's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Shinvest Holding's level of debt (18%) 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 (54.3% vs 18% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 5.1x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Shinvest Holding has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Shinvest Holding has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.9% per year.


Next Steps

Dividend

What is Shinvest Holding's current dividend yield, its reliability and sustainability?

3.33%

Current Dividend Yield


Dividend Yield and Payments Analysis

Shinvest Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.64%).

Shinvest Holding's dividend is below the markets top 25% of dividend payers in Singapore (5.74%).

Shinvest Holding has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Shinvest Holding only paid a dividend in the past 8 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


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 Shinvest Holding's salary, the management and board of directors tenure and is there insider trading?

8.2yrs

Average management tenure


CEO

Teck Leong Teo (64yo)

8.2yrs

Tenure

S$284,857

Compensation

Mr. Teck Leong Teo has been the Managing Director of Eastgate Technology Ltd. since June 28, 2011. Mr. Teo serves as the Chief Executive Officer of Sin Hong. He is the Director of Espressif Systems (Shangh ...


Management Age and Tenure

8.2yrs

Average Tenure

58.5yo

Average Age

The average tenure for the Shinvest Holding management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.0yrs

Average Tenure

64yo

Average Age

The tenure for the Shinvest Holding board of directors is about average.


Insider Trading

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


Recent Insider Transactions

BuyS$9,60015 Aug 19
Sik Ting Chau
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,400
Max PriceS$1.78
BuyS$19,22107 Aug 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares10,900
Max PriceS$1.76
BuyS$5,60006 Aug 19
Sik Ting Chau
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,200
Max PriceS$1.75
BuyS$230,37705 Aug 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares138,000
Max PriceS$1.67
BuyS$25,56402 Aug 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares15,400
Max PriceS$1.66
BuyS$17,60026 Jul 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares10,000
Max PriceS$1.76
BuyS$65,85925 Jul 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares39,900
Max PriceS$1.65
SellS$17,00025 Jul 19
Sik Ting Chau
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceS$1.70
BuyS$13,39124 Jul 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares8,200
Max PriceS$1.63
BuyS$86,40022 Jul 19
Eng Thian Teo
EntityIndividual
Role
Member of the Board of Directors
COO & Executive Director
Shares60,000
Max PriceS$1.44
BuyS$98,67019 Jul 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares69,000
Max PriceS$1.43
BuyS$5,38218 Jul 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares3,900
Max PriceS$1.38
BuyS$12,95710 Jul 19
Sik Ting Chau
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,800
Max PriceS$1.20
BuyS$5,70428 May 19
Sik Ting Chau
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares6,200
Max PriceS$0.92
BuyS$9,49916 Apr 19
Sik Ting Chau
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceS$0.95
BuyS$141,19008 Feb 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares201,700
Max PriceS$0.70
BuyS$32,06023 Jan 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares42,800
Max PriceS$0.75
BuyS$52,17222 Jan 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares71,400
Max PriceS$0.73
BuyS$10,56103 Jan 19
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares12,400
Max PriceS$0.85
BuyS$37530 Nov 18
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares500
Max PriceS$0.75
BuyS$52529 Nov 18
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares700
Max PriceS$0.75
BuyS$9,51326 Nov 18
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares12,400
Max PriceS$0.77
BuyS$2,53326 Nov 18
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares3,600
Max PriceS$0.70
BuyS$14,00021 Nov 18
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares18,400
Max PriceS$0.76
BuyS$3,00420 Nov 18
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares4,000
Max PriceS$0.75
BuyS$49,17008 Nov 18
Teck Leong Teo
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares69,800
Max PriceS$0.70

Ownership Breakdown


Management Team

  • Hoo Teng Ng (68yo)

    Managing Director of GD Tech Group

    • Tenure: 0.0yrs
    • Compensation: S$226.46k
  • Teck Leong Teo (64yo)

    MD & Director

    • Tenure: 8.2yrs
    • Compensation: S$284.86k
  • Eng Thian Teo (50yo)

    COO & Executive Director

    • Tenure: 6.8yrs
    • Compensation: S$226.80k
  • Cher Cheong Teo (64yo)

    Executive Director of Sin Hong

    • Tenure: 11.3yrs
    • Compensation: S$283.71k
  • Eng Hwee Teo (53yo)

    Executive Director of Sin Hong

    • Tenure: 7.1yrs
    • Compensation: S$19.60k
  • Eng Shing Teo (48yo)

    Executive Director of Sin Hong

    • Tenure: 13.4yrs
    • Compensation: S$225.00k
  • Kim Seng Voo (64yo)

    CFO, Group Financial Controller & Company Secretary

    • Tenure: 3.0yrs
    • Compensation: S$103.52k
  • Ming Wu Ye (44yo)

    Non-Executive Director of GD Tech

    • Tenure: 0.0yrs

Board Members

  • Sik Ting Chau (79yo)

    Independent Director

    • Tenure: 9.9yrs
    • Compensation: S$30.00k
  • Teck Leong Teo (64yo)

    MD & Director

    • Tenure: 8.2yrs
    • Compensation: S$284.86k
  • Steven Loh (64yo)

    Non-Executive Independent Chairman

    • Tenure: 1.7yrs
  • Eng Thian Teo (50yo)

    COO & Executive Director

    • Tenure: 6.8yrs
    • Compensation: S$226.80k

Company Information

Shinvest Holding Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shinvest Holding Ltd.
  • Ticker: BJW
  • Exchange: SGX
  • Founded: 1989
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: S$53.829m
  • Shares outstanding: 29.91m
  • Website: https://www.shinvest.com.sg

Location

  • Shinvest Holding Ltd.
  • 3 Kian Teck Crescent
  • Singapore
  • 628881
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BJWSGX (Singapore Exchange)YesOrdinary SharesSGSGDOct 1999

Biography

Shinvest Holding Ltd., an investment holding company, manufactures and sells precision components and electromechanical assemblies for the semiconductor equipment manufacturers, aerospace, medical, and aut ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 12:35
End of Day Share Price2019/08/20 00:00
Earnings2019/02/28
Annual Earnings2018/08/31


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.