Hoe Leong Corporation Ltd.

SGX:H20 Stock Report

Market Cap: S$30.2m

Hoe Leong Balance Sheet Health

Financial Health criteria checks 5/6

Hoe Leong has a total shareholder equity of SGD26.0M and total debt of SGD11.2M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are SGD45.0M and SGD19.0M respectively. Hoe Leong's EBIT is SGD2.1M making its interest coverage ratio 3.6. It has cash and short-term investments of SGD2.1M.

Key information

43.2%

Debt to equity ratio

S$11.23m

Debt

Interest coverage ratio3.6x
CashS$2.11m
EquityS$26.01m
Total liabilitiesS$19.02m
Total assetsS$45.03m

Recent financial health updates

Is Hoe Leong (SGX:H20) A Risky Investment?

Jun 26
Is Hoe Leong (SGX:H20) A Risky Investment?

Does Hoe Leong (SGX:H20) Have A Healthy Balance Sheet?

Mar 14
Does Hoe Leong (SGX:H20) Have A Healthy Balance Sheet?

Recent updates

What Hoe Leong Corporation Ltd.'s (SGX:H20) 100% Share Price Gain Is Not Telling You

Dec 13
What Hoe Leong Corporation Ltd.'s (SGX:H20) 100% Share Price Gain Is Not Telling You

Lacklustre Performance Is Driving Hoe Leong Corporation Ltd.'s (SGX:H20) 50% Price Drop

Oct 29
Lacklustre Performance Is Driving Hoe Leong Corporation Ltd.'s (SGX:H20) 50% Price Drop

Hoe Leong Corporation Ltd. (SGX:H20) Not Doing Enough For Some Investors As Its Shares Slump 50%

Oct 29
Hoe Leong Corporation Ltd. (SGX:H20) Not Doing Enough For Some Investors As Its Shares Slump 50%

Revenues Not Telling The Story For Hoe Leong Corporation Ltd. (SGX:H20) After Shares Rise 100%

Jul 12
Revenues Not Telling The Story For Hoe Leong Corporation Ltd. (SGX:H20) After Shares Rise 100%

Is Hoe Leong (SGX:H20) A Risky Investment?

Jun 26
Is Hoe Leong (SGX:H20) A Risky Investment?

Hoe Leong (SGX:H20) Shareholders Will Want The ROCE Trajectory To Continue

May 23
Hoe Leong (SGX:H20) Shareholders Will Want The ROCE Trajectory To Continue

Hoe Leong Corporation Ltd. (SGX:H20) May Have Run Too Fast Too Soon With Recent 50% Price Plummet

May 23
Hoe Leong Corporation Ltd. (SGX:H20) May Have Run Too Fast Too Soon With Recent 50% Price Plummet

Some Hoe Leong Corporation Ltd. (SGX:H20) Shareholders Look For Exit As Shares Take 50% Pounding

Mar 22
Some Hoe Leong Corporation Ltd. (SGX:H20) Shareholders Look For Exit As Shares Take 50% Pounding

Does Hoe Leong (SGX:H20) Have A Healthy Balance Sheet?

Mar 14
Does Hoe Leong (SGX:H20) Have A Healthy Balance Sheet?

Some Confidence Is Lacking In Hoe Leong Corporation Ltd. (SGX:H20) As Shares Slide 50%

Feb 02
Some Confidence Is Lacking In Hoe Leong Corporation Ltd. (SGX:H20) As Shares Slide 50%

Hoe Leong Corporation Ltd. (SGX:H20) Shares May Have Slumped 67% But Getting In Cheap Is Still Unlikely

Dec 18
Hoe Leong Corporation Ltd. (SGX:H20) Shares May Have Slumped 67% But Getting In Cheap Is Still Unlikely

Calculating The Fair Value Of Hoe Leong Corporation Ltd. (SGX:H20)

Jul 26
Calculating The Fair Value Of Hoe Leong Corporation Ltd. (SGX:H20)

Estimating The Fair Value Of Hoe Leong Corporation Ltd. (SGX:H20)

Apr 11
Estimating The Fair Value Of Hoe Leong Corporation Ltd. (SGX:H20)

Returns Are Gaining Momentum At Hoe Leong (SGX:H20)

Jan 27
Returns Are Gaining Momentum At Hoe Leong (SGX:H20)

Hoe Leong Corporation Ltd.'s (SGX:H20) 33% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio

Nov 16
Hoe Leong Corporation Ltd.'s (SGX:H20) 33% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio

Financial Position Analysis

Short Term Liabilities: H20's short term assets (SGD37.1M) exceed its short term liabilities (SGD15.7M).

Long Term Liabilities: H20's short term assets (SGD37.1M) exceed its long term liabilities (SGD3.3M).

Debt to Equity History and Analysis

Debt Level: H20's net debt to equity ratio (35.1%) is considered satisfactory.

Reducing Debt: H20's debt to equity ratio has reduced from 147.5% to 43.2% over the past 5 years.

Debt Coverage: H20's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: H20's interest payments on its debt are well covered by EBIT (3.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 19:44
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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

Hoe Leong Corporation Ltd. 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
Benjamin LimOCBC Investment Research Pte Ltd.
Kian NgVoyage Research Pte Ltd