Board Change • Mar 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Boo Chye Kee is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Feb 16
First half dividend of S$0.002 announced Shareholders will receive a dividend of S$0.002. Ex-date: 24th February 2026 Payment date: 6th March 2026 Dividend yield will be 2.6%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Feb 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 81% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (81% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (S$32.4m market cap, or US$25.7m). Announcement • Oct 24
Sheffield Green Ltd. Approves Final One-Tier Tax Exempt Dividend for the Year Ended June 30, 2025 Sheffield Green Ltd., incorporated in the Republic of Singapore with company registration number 202134454W, has declared a final one-tier tax-exempt dividend of 0.25 Singapore cents per ordinary share for the financial year ended 30 June 2025. This resolution was passed with 100% votes in favor at the Annual General Meeting held on 24 October 2025. Reported Earnings • Oct 12
Full year 2025 earnings released: EPS: US$0.005 (vs US$0.001 in FY 2024) Full year 2025 results: EPS: US$0.005 (up from US$0.001 in FY 2024). Revenue: US$19.3m (up 12% from FY 2024). Net income: US$972.5k (up 496% from FY 2024). Profit margin: 5.0% (up from 0.9% in FY 2024). The increase in margin was driven by higher revenue. Announcement • Oct 10
Sheffield Green Ltd., Annual General Meeting, Oct 24, 2025 Sheffield Green Ltd., Annual General Meeting, Oct 24, 2025, at 10:00 Singapore Standard Time. Location: aloft singapore novena, 16 ah hood road, singapore 329982, zhongshan 2 function room, Singapore Board Change • Oct 03
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Boo Chye Kee is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 29
Full year 2025 earnings released: EPS: US$0.005 (vs US$0.001 in FY 2024) Full year 2025 results: EPS: US$0.005 (up from US$0.001 in FY 2024). Revenue: US$19.3m (up 12% from FY 2024). Net income: US$972.5k (up 496% from FY 2024). Profit margin: 5.0% (up from 0.9% in FY 2024). The increase in margin was driven by higher revenue. Board Change • Apr 17
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Boo Chye Kee is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
First half 2025 earnings released: EPS: US$0.001 (vs US$0.003 in 1H 2024) First half 2025 results: EPS: US$0.001 (down from US$0.003 in 1H 2024). Revenue: US$8.97m (down 2.3% from 1H 2024). Net income: US$101.3k (down 82% from 1H 2024). Profit margin: 1.1% (down from 6.1% in 1H 2024). The decrease in margin was primarily driven by higher expenses. Announcement • Feb 14
Sheffield Green Ltd. Announces Interim (One-Tier Tax Exempt) Dividend for the Financial Year Ending 30 June 2025, Payable on or About 3 March 2025 Sheffield Green Ltd. announced that the Share Transfer Books and the Register of Members of the Company will be closed at 5.00 p.m. on 24 February 2025 for the purpose of determining the members' entitlements to the interim (one-tier tax exempt) dividend of 0.2 Singapore cents per ordinary share for the financial year ending 30 June 2025 (the Interim Dividend). Duly completed registrable transfers received by the Company's Share Transfer Agent, Boardroom Corporate & Advisory Services Pte. Ltd. at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632, up to 5.00 p.m. on 24 February 2025 will be registered to determine the members' entitlements to the Interim Dividend. The members (being depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with shares as at 5.00 p.m. on 24 February 2025 will be entitled to the Interim Dividend. The Interim Dividend will be paid on or about 3 March 2025. Board Change • Jan 24
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Boo Chye Kee is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 12
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Boo Chye Kee is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 17
Full year 2024 earnings released: EPS: US$0.001 (vs US$0.022 in FY 2023) Full year 2024 results: EPS: US$0.001 (down from US$0.022 in FY 2023). Revenue: US$17.3m (down 32% from FY 2023). Net income: US$163.1k (down 95% from FY 2023). Profit margin: 0.9% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Announcement • Oct 17
Sheffield Green Ltd. Proposes Final One-Tier Tax Exempt Dividend for the Financial Year Ended 30 June 2024 Sheffield Green Ltd. announced that at the AGM to be held on 30 October 2024, proposed final one-tier tax exempt dividend of 0.2 Singapore cents per ordinary share for the financial year ended 30 June 2024. Announcement • Oct 16
Sheffield Green Ltd., Annual General Meeting, Oct 30, 2024 Sheffield Green Ltd., Annual General Meeting, Oct 30, 2024, at 10:00 Singapore Standard Time. Location: aloft singapore novena, 16 ah hood road, singapore 329982, zhongshan 2 function room, Singapore New Risk • Sep 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 45% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (S$40.0m market cap, or US$30.8m). Reported Earnings • Aug 31
Full year 2024 earnings released: EPS: US$0.001 (vs US$0.021 in FY 2023) Full year 2024 results: EPS: US$0.001 (down from US$0.021 in FY 2023). Revenue: US$17.3m (down 38% from FY 2023). Net income: US$163.1k (down 95% from FY 2023). Profit margin: 0.9% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue. Board Change • May 07
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chairman & CEO Boo Chye Kee is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buy Or Sell Opportunity • Apr 15
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to S$0.19. The fair value is estimated to be S$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last year. Meanwhile, the company has become profitable. Board Change • Apr 08
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chairman & CEO Boo Chye Kee is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Mar 26
Sheffield Green Ltd. Appoints Savio Engelbert Dsilva as Operation Director Sheffield Green Ltd. announced appointment of Savio Engelbert Dsilva as Operation Director. Appointment is executive. Mr. Dsilva will be joining as Operation Director as part of the management team. He will be located in the Group's Gdansk office to assist the Group in handling its business activities in Poland and to ensure the smooth mobilisation of the skilled workers to fulfil the contracts. Working Experience: Offshore Engineering Resources Pte. Ltd., Singapore - General Manager Sheffield Offshore Ltd. /Sheffield Technical Services Co. Ltd. - Operations Manager Hurtigruten Expeditions (Hurtigruten Group). London, UK - HRX Crewing. Professional Qualifications: Bachelor of Arts (Honours) in Business Management from Coventry University (Auston Institute of Management, Singapore). Diploma in Business Management from University of Bradford, UK (Management Development Institute of Singapore, MDIS, Singapore). General Security Awareness training Airside (UK National Aviation Security training programme) Professional Training in Software Management (PTSM) from NIIT, India. Attended Emotional Excellence (EE) in the workplace conducted by Professor Dr. Leonard Yong (LPI). Basic offshore Safety courses (OPITO approved). Appointment Date is March 21, 2024. Announcement • Mar 13
Sheffield Green Ltd. Announces Resignation of Kow Yuen Teng Jocelyn as Deputy Regional Director Sheffield Green Ltd. announced the resignation of Ms. Kow Yuen Teng Jocelyn from the position of Deputy Regional Director. Ms. Kow Yuen Teng Jocelyn currently serves as the Deputy Regional Director and oversees business development activities for the Group in the whole of Asia Pacific Region. Ms. Kow is leaving the Company to pursue other opportunities. New Risk • Feb 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (S$33.5m market cap, or US$24.9m). Buy Or Sell Opportunity • Feb 22
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.9% to S$0.18. The fair value is estimated to be S$0.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last year. Meanwhile, the company has become profitable. Reported Earnings • Feb 19
First half 2024 earnings released First half 2024 results: EPS: US$0.003. Net income: US$557.6k (up US$557.6k from 1H 2023). Announcement • Feb 15
Sheffield Green Ltd. Announces Interim (One-Tier Tax Exempt) Dividend for the Financial Year Ending 30 June 2024, Payable on or About 1 March 2024 Sheffield Green Ltd. announced that notice is hereby given that the Share Transfer Books and the Register of Members of Sheffield Green Ltd. (the Company) will be closed at 5.00 p.m. on 23 February 2024 for the purpose of determining the members' entitlements to the interim (one-tier tax exempt) dividend of 0.5 Singapore cent per ordinary share for the financial year ending 30 June 2024 (the Interim Dividend). The members (being depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with shares as at 5.00 p.m. on 23 February 2024 will be entitled to the Interim Dividend. The Interim Dividend will be paid on or about 1 March 2024. Announcement • Jan 23
Sheffield Green Ltd. Approves Final One-Tier Tax Exempt Dividend for the Financial Year Ended 30 June 2023 Sheffield Green Ltd. at its Annual General Meeting dated 8 January 2024 approved to declare a final one-tier tax exempt dividend of 1.0 Singapore cents per ordinary share for the financial year ended 30 June 2023. Announcement • Jan 10
Sheffield Green Ltd., Annual General Meeting, Jan 23, 2024 Sheffield Green Ltd., Annual General Meeting, Jan 23, 2024, at 10:00 Singapore Standard Time. Location: Grand Mercure Singapore Roxy Hotel, 50 East Coast Road Roxy Square, Level 3, Meyer & Frankel Rooms Singapore Singapore Agenda: To receive and adopt the audited financial statements for the financial year ended 30 June 2023 together with the Directors' Statement and Auditor's Report thereon; to declare a final one-tier tax exempt dividend of 1.0 Singapore cents per ordinary share for the financial year ended 30 June 2023; to pre-approve the payment of up to S$160,000.00 as Directors' fees for the financial year ended 30 June 2024 to be paid in arrears; to re-elect Mr. Liang Shian On who is retiring pursuant to Regulation 108 of the Company's Constitution; to re-elect Dr. Ong Seh Hong who is retiring pursuant to Regulation 108 of the Company's Constitution; to re-elect Mr. Tan Kheng Soon who is retiring pursuant to Regulation 108 of the Company's Constitution; to re-elect Ms. Tan Yuni who is retiring pursuant to Regulation 108 of the Company's Constitution; to re-appoint Messrs Deloitte & Touche LLP as Auditors of the Company and to authorise the Directors to fix their remuneration. Announcement • Dec 14
Sheffield Green Ltd. Recommends Final Dividend for the Financial Year Ended 30 June 2023, Payable on 2 February 2024 Sheffield Green Ltd. recommends a final dividend of SGD 0.01 for the financial year ended 30 June 2023, subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Companyfor FY2023. The date the dividend is payable 2 February 2024. Board Change • Oct 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chairman & CEO Boo Chye Kee is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
