SGX:BQC

Stock Analysis Report

Executive Summary

A-Smart Holdings Ltd., an investment holding company, provides a range of print management services in Singapore and internationally.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Risks

  • A-Smart Holdings is not covered by any analysts.

Share Price & News

How has A-Smart Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SGX:BQC

0.9%

SG Commercial Services

0.07%

SG Market


1 Year Return

-31.4%

SGX:BQC

-19.6%

SG Commercial Services

-3.5%

SG Market

BQC underperformed the Commercial Services industry which returned -19.4% over the past year.

BQC underperformed the Market in Singapore which returned -3.5% over the past year.


Share holder returns

BQCIndustryMarket
7 Day0%0.9%0.07%
30 Day-4.0%-4.3%-6.7%
90 Day7.5%-6.6%-1.5%
1 Year-31.4%-31.4%-17.8%-19.6%0.5%-3.5%
3 Year-52.3%-52.3%-21.0%-26.1%15.2%2.9%
5 Year-30.8%-30.8%-42.5%-48.1%7.4%-10.3%

Price Volatility Vs. Market

How volatile is A-Smart Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is A-Smart Holdings undervalued based on future cash flows and its price relative to the stock market?

3.79x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for A-Smart Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for A-Smart Holdings to establish if it is available at substantial discount.


Price Based on Earnings

A-Smart Holdings is loss making, we can't compare its value to the SG Commercial Services industry average.

A-Smart Holdings 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 A-Smart Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

A-Smart Holdings is overvalued based on assets compared to the SG Commercial Services industry average.


Next Steps

Future Growth

How is A-Smart Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

Forecasted Commercial Services 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 A-Smart Holdings 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 A-Smart Holdings performed over the past 5 years?

70.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

A-Smart Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

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

Unable to compare A-Smart Holdings's 1-year growth to the SG Commercial Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if A-Smart Holdings 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 A-Smart Holdings has efficiently used its assets last year compared to the SG Commercial Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if A-Smart Holdings 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 A-Smart Holdings's financial position?


Financial Position Analysis

A-Smart Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

A-Smart Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

A-Smart Holdings has no debt.

A-Smart Holdings has no debt compared to 5 years ago when it was 4.5%.


Balance Sheet

High level of physical assets or inventory.

A-Smart Holdings has no debt, it does not need to be covered by short term assets.


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.

A-Smart Holdings has sufficient cash runway for more than 3 years based on current free cash flow.

A-Smart Holdings has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -38.7% each year.


Next Steps

Dividend

What is A-Smart Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate A-Smart Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate A-Smart Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as A-Smart Holdings has not reported any payouts.

Unable to verify if A-Smart Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as A-Smart Holdings has not reported any payouts.


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 A-Smart Holdings's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Huan Lim (62yo)

3.8yrs

Tenure

0

Mr. Lim Huan Chiang, JP has been the Chief Executive Officer and Executive Director of A-Smart Holdings Ltd. (known as Xpress Holdings Ltd) since October 26, 2015. Mr. Lim is responsible for the management ...


Management Age and Tenure

4.8yrs

Average Tenure

The tenure for the A-Smart Holdings management team is about average.


Board Age and Tenure

4.1yrs

Average Tenure

47yo

Average Age

The tenure for the A-Smart Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Eleanor Fong

    Executive Director of Xpress Print Pte Ltd

    • Tenure: 0.0yrs
  • Sow Foong

    Operations Director of Xpress Print Pte Ltd

    • Tenure: 0.0yrs
  • Wei Wu

    Chief Executive Officer of China Operations

    • Tenure: 0.0yrs
  • Shin Ee Lim

    Head of Central Desk - New Media

    • Tenure: 6.6yrs
  • Ronnie Yo (48yo)

    Group Financial Controller

    • Tenure: 4.3yrs
  • Shirley Tan

    Company Secretary

    • Tenure: 5.2yrs
  • Huan Lim (62yo)

    CEO & Executive Director

    • Tenure: 3.8yrs

Board Members

  • Chong Keen Sam (64yo)

    Lead Independent Director

    • Tenure: 5.8yrs
  • Darlington Tseng (46yo)

    Non-Executive Director

    • Tenure: 5.1yrs
  • Wei Ma (44yo)

    Non-Executive Chairman

    • Tenure: 4.1yrs
  • Hongtao Chu (47yo)

    Independent Non-Executive Director

    • Tenure: 4.1yrs
  • Huan Lim (62yo)

    CEO & Executive Director

    • Tenure: 3.8yrs
  • Kenneth Loo

    Non-Executive Director

    • Tenure: 2.0yrs

Company Information

A-Smart Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: A-Smart Holdings Ltd.
  • Ticker: BQC
  • Exchange: SGX
  • Founded: 1986
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: S$46.341m
  • Shares outstanding: 128.73m
  • Website: https://www.a-smart.sg

Location

  • A-Smart Holdings Ltd.
  • No. 61 Tai Seng Avenue
  • No. 03-03, Print Media Hub @ Paya Lebar iPark
  • Singapore
  • 534167
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BQCSGX (Singapore Exchange)YesOrdinary SharesSGSGDJul 1999
IOTADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 1999

Biography

A-Smart Holdings Ltd., an investment holding company, provides a range of print management services in Singapore and internationally. The company operates through Print and Media, Property Development and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 12:42
End of Day Share Price2019/08/23 00:00
Earnings2019/04/30
Annual Earnings2018/07/31


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.