SGX:BKA

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Sin Heng Heavy Machinery

Executive Summary

Sin Heng Heavy Machinery Limited, together with its subsidiaries, operates as a lifting service provider in Singapore, Indonesia, Myanmar, Malaysia, Vietnam, Brunei, Thailand, and internationally.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Sin Heng Heavy Machinery's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BKA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-10.0%

BKA

-0.5%

SG Trade Distributors

0.5%

SG Market


1 Year Return

-6.9%

BKA

-11.9%

SG Trade Distributors

-19.5%

SG Market

Return vs Industry: BKA exceeded the SG Trade Distributors industry which returned -11.9% over the past year.

Return vs Market: BKA exceeded the SG Market which returned -19.5% over the past year.


Shareholder returns

BKAIndustryMarket
7 Day-10.0%-0.5%0.5%
30 Day-3.6%-7.5%-3.0%
90 Day-21.7%1.2%-0.2%
1 Year-6.9%-6.9%-9.4%-11.9%-15.3%-19.5%
3 Year-21.9%-25.0%-23.5%-43.2%-14.8%-24.9%
5 Year-59.8%-62.8%-47.4%-63.7%-3.3%-20.6%

Price Volatility Vs. Market

How volatile is Sin Heng Heavy Machinery's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sin Heng Heavy Machinery 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: BKA (SGD0.27) is trading below our estimate of fair value (SGD0.78)

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


Price To Earnings Ratio

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

PE vs Market: BKA 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 BKA's PEG Ratio to determine if it is good value.


Price to Book Ratio

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


Next Steps

Future Growth

How is Sin Heng Heavy Machinery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.1%

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 Sin Heng Heavy Machinery 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 Sin Heng Heavy Machinery performed over the past 5 years?

-64.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BKA is currently unprofitable.

Growing Profit Margin: BKA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BKA is unprofitable, and losses have increased over the past 5 years at a rate of 64.7% per year.

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

Earnings vs Industry: BKA is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-5.9%).


Return on Equity

High ROE: BKA has a negative Return on Equity (-1.15%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sin Heng Heavy Machinery's financial position?


Financial Position Analysis

Short Term Liabilities: BKA's short term assets (SGD53.8M) exceed its short term liabilities (SGD10.0M).

Long Term Liabilities: BKA's short term assets (SGD53.8M) exceed its long term liabilities (SGD13.2M).


Debt to Equity History and Analysis

Debt Level: BKA is debt free.

Reducing Debt: BKA has no debt compared to 5 years ago when its debt to equity ratio was 29.4%.

Debt Coverage: BKA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BKA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Sin Heng Heavy Machinery current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BKA'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 BKA's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BKA'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?

2.4yrs

Average management tenure


CEO

Ah Lye Tan (80 yo)

4.08yrs

Tenure

Mr. Ah Lye Tan founded Sin Heng Heavy Machinery Limited in 1969 and has been its Chief Executive Officer since July 1, 2016. Mr. Tan has been an Executive Director at Sin Heng Heavy Machinery Limited since ...


Leadership Team

NamePositionTenureCompensationOwnership
Ah Lye Tan
CEO & Executive Director4.08yrsno data0.27%
SGD 82.1k
Yung Kang Yang
Chief Financial Officer0.25yrno datano data
Cheng Soon Tan
Director of Operations4.08yrsno datano data
Cheng Kwong Tan
Deputy CEO24.08yrsno datano data
Cheng Guan Tan
Head of Crane Trading Business & Executive Director24.08yrsno datano data
Kuei Lian Siau
Company Secretary0.67yrno datano data
Pei Pei Lim
Company Secretary0.67yrno datano data
Fook Cheong Chen
Executive Officerno datano datano data
Roh Tang Tan
Executive Officerno datano datano data

2.4yrs

Average Tenure

49yo

Average Age

Experienced Management: BKA's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ah Lye Tan
CEO & Executive Director4.08yrsno data0.27%
SGD 82.1k
Cheng Kwong Tan
Deputy CEO24.08yrsno datano data
Cheng Guan Tan
Head of Crane Trading Business & Executive Director24.08yrsno datano data
Wing Kong Leong
Non-Executive Independent Director0.083yrno datano data
Yi-Dar Teo
Non-Executive Non-Independent Chairman0.083yrno data27.15%
SGD 8.4m
Sai Kiang Soh
Independent Director8yrsno datano data

7.9yrs

Average Tenure

49yo

Average Age

Experienced Board: BKA's board of directors are considered experienced (7.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BKA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sin Heng Heavy Machinery Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sin Heng Heavy Machinery Limited
  • Ticker: BKA
  • Exchange: SGX
  • Founded: 1969
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: S$30.784m
  • Shares outstanding: 114.01m
  • Website: https://www.sinheng.com.sg

Location

  • Sin Heng Heavy Machinery Limited
  • 26 Gul Road
  • Singapore
  • 629346
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKASGX (Singapore Exchange)YesOrdinary SharesSGSGDFeb 2010
SNVADB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2010

Biography

Sin Heng Heavy Machinery Limited, together with its subsidiaries, operates as a lifting service provider in Singapore, Indonesia, Myanmar, Malaysia, Vietnam, Brunei, Thailand, and internationally. It opera ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 12:55
End of Day Share Price2020/08/07 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.