SGX:AAJ

Stock Analysis Report

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Executive Summary

Sunmoon Food Company Limited, an investment holding company, distributes and markets branded fresh fruits, vegetables, and consumer products worldwide. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Sunmoon Food's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-22.5%

AAJ

-0.4%

SG Consumer Retailing

-1.4%

SG Market


1 Year Return

-44.6%

AAJ

-25.0%

SG Consumer Retailing

-23.6%

SG Market

Return vs Industry: AAJ underperformed the SG Consumer Retailing industry which returned -25.6% over the past year.

Return vs Market: AAJ underperformed the SG Market which returned -20.3% over the past year.


Shareholder returns

AAJIndustryMarket
7 Day-22.5%-0.4%-1.4%
30 Day-27.9%-1.3%-0.1%
90 Day-38.0%-7.6%-2.7%
1 Year-44.6%-44.6%-21.2%-25.0%-19.4%-23.6%
3 Year-67.0%-67.0%-37.2%-43.8%-22.0%-31.4%
5 Year-40.4%-40.4%-16.9%-30.0%-7.6%-24.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Sunmoon Food undervalued compared to its fair value and its price relative to the market?

3.33x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AAJ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AAJ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AAJ is unprofitable, so we can't compare its PE Ratio to the XA Consumer Retailing industry average.

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


Price to Book Ratio

PB vs Industry: AAJ is overvalued based on its PB Ratio (3.3x) compared to the SG Consumer Retailing industry average (0.7x).


Next Steps

Future Growth

How is Sunmoon Food forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.0%

Forecasted Consumer Retailing 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 Sunmoon Food 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 Sunmoon Food performed over the past 5 years?

-2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AAJ is currently unprofitable.

Growing Profit Margin: AAJ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AAJ is unprofitable, and losses have increased over the past 5 years at a rate of 2.9% per year.

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

Earnings vs Industry: AAJ is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (11.6%).


Return on Equity

High ROE: AAJ has a negative Return on Equity (-62.02%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sunmoon Food's financial position?


Financial Position Analysis

Short Term Liabilities: AAJ's short term assets (SGD17.4M) exceed its short term liabilities (SGD10.1M).

Long Term Liabilities: AAJ's short term assets (SGD17.4M) exceed its long term liabilities (SGD6.0K).


Debt to Equity History and Analysis

Debt Level: AAJ's debt to equity ratio (8.2%) is considered satisfactory.

Reducing Debt: AAJ's debt to equity ratio has reduced from 26.1% to 8.2% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: AAJ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AAJ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.9% each year


Next Steps

Dividend

What is Sunmoon Food current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

1.8yrs

Average management tenure


CEO

Ye Zhang (49 yo)

1.83yrs

Tenure

S$12

Compensation

Mr. Ye Zhang has been an Independent Non-Executive Director of Shandong Fengxiang Co., Ltd. since August 8, 2019. Mr. Zhang has been a Non-Independent Executive Director and Chief Executive Officer of Sunm ...


CEO Compensation Analysis

Compensation vs Market: Ye's total compensation ($USD8.83) is below average for companies of similar size in the SG market ($USD375.34K).

Compensation vs Earnings: Insufficient data to compare Ye's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Ye Zhang
CEO & Director1.83yrsS$12.00no data
Jian Cen
President and Non-Independent & Executive Director0.17yrno datano data
Hui Zhen Wang
Group Financial Controller5.25yrsno datano data
Lay Beng Chia
Company Secretaryno datano datano data

1.8yrs

Average Tenure

Experienced Management: AAJ's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ye Zhang
CEO & Director1.83yrsS$12.00no data
Jian Cen
President and Non-Independent & Executive Director0.17yrno datano data
Bie Tjin Ng
Independent Director3.17yrsS$38.70k0.015%
SGD 3.7k
Hock Chuan Loh
Vice Chairman3.17yrsS$13.00k7.67%
SGD 1.9m
Yang Guang
Independent Non-Executive Director3yrsS$38.70kno data
James Prideaux
Chairman of the Board & Lead Independent Director3.17yrsS$49.50kno data
Liu YuanYuan
Non-Independent & Non-Executive Director2.42yrsno datano data
Guanglei Jin
Non-Independent & Non-Executive Director2.17yrsno datano data

2.7yrs

Average Tenure

50.5yo

Average Age

Experienced Board: AAJ's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: AAJ insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.1%.


Top Shareholders

Company Information

Sunmoon Food Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sunmoon Food Company Limited
  • Ticker: AAJ
  • Exchange: SGX
  • Founded: 1965
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: S$24.126m
  • Shares outstanding: 778.27m
  • Website: https://www.sunmoonfood.com

Location

  • Sunmoon Food Company Limited
  • No. 07-07, 30 Toh Guan Road
  • Singapore
  • 608840
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AAJSGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 1997

Biography

Sunmoon Food Company Limited, an investment holding company, distributes and markets branded fresh fruits, vegetables, and consumer products worldwide. It offers vegetables, meat, French fries, and seafood ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/17 12:36
End of Day Share Price2020/10/12 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.