SGX:AAJ

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless 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


Market Performance


7 Day Return

40.5%

AAJ

0.7%

SG Consumer Retailing

0.9%

SG Market


1 Year Return

25.5%

AAJ

-19.1%

SG Consumer Retailing

1.4%

SG Market

Return vs Industry: AAJ exceeded the SG Consumer Retailing industry which returned -19.1% over the past year.

Return vs Market: AAJ exceeded the SG Market which returned 1.4% over the past year.


Shareholder returns

AAJIndustryMarket
7 Day40.5%0.7%0.9%
30 Day34.1%-8.6%-2.3%
90 Day0%-13.8%-6.7%
1 Year25.5%25.5%-16.5%-19.1%5.4%1.4%
3 Year-54.3%-54.3%-4.8%-12.8%15.8%3.4%
5 Year-49.6%-49.6%-14.3%-26.3%11.3%-7.0%

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?

5.07x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

Significantly Undervalued: 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 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

Low 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 (5.1x) compared to the SG Consumer Retailing industry average (0.9x).


Next Steps

Future Growth

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

15.9%

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?

-25.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AAJ is unprofitable, and losses have increased over the past 5 years at a rate of -25.5% 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 (6.2%).


Return on Equity

High ROE: AAJ has a negative Return on Equity (-58.27%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: AAJ is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: AAJ is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Sunmoon Food's financial position?


Financial Position Analysis

Short Term Liabilities: AAJ's short term assets (SGD27.4M) exceeds its short term liabilities (SGD17.1M)

Long Term Liabilities: AAJ's short term assets (27.4M) exceeds its long term liabilities (2.1M)


Debt to Equity History and Analysis

Debt Level: AAJ is debt free.

Reducing Debt: AAJ has no debt compared to 5 years ago when its debt to equity ratio was 7.3%.


Balance Sheet

Inventory Level: AAJ has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AAJ's debt is 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.

Stable Cash Runway: AAJ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AAJ has sufficient cash runway for 1.923477 years if free cash flow continues to reduce at historical rates of -56.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Sunmoon Food's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Zhang Ye (48yo)

0.8yrs

Tenure

0

Mr. Zhang Ye has been the Chief Executive Officer and Director at Sunmoon Food Company Limited since December 31, 2018. Mr. Ye founded Enmore Holdings Co., Ltd., in 1999 and has been its Chairman since 199 ...


Management Age and Tenure

0.8yrs

Average Tenure

Experienced Management: AAJ's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

2.1yrs

Average Tenure

52yo

Average Age

Experienced Board: AAJ's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Lay Beng Chia

    Company Secretary

    • Tenure: 0yrs
  • Hui Zhen Wang

    Group Financial Controller

    • Tenure: 4.3yrs
  • Zhang Ye (48yo)

    CEO & Director

    • Tenure: 0.8yrs
  • Jian Cen

    President

    • Tenure: 0.2yrs

Board Members

  • Djuniarti Intan Ng (53yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: S$43.00k
  • Gary Loh (53yo)

    Vice Chairman

    • Tenure: 2.2yrs
    • Compensation: S$582.00k
  • Yang Guang

    Independent Non-Executive Director

    • Tenure: 2yrs
    • Compensation: S$43.00k
  • Zhang Ye (48yo)

    CEO & Director

    • Tenure: 0.8yrs
  • James Prideaux (56yo)

    Chairman of the Board & Lead Independent Director

    • Tenure: 2.2yrs
    • Compensation: S$55.00k
  • Liang Yu (38yo)

    Non-Independent & Executive Director

    • Tenure: 2.3yrs
  • Liu YuanYuan

    Non-Independent & Non-Executive Director

    • Tenure: 1.4yrs
  • Guanglei Jin (51yo)

    Non-Independent & Non-Executive Director

    • Tenure: 1.2yrs

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: 1977
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: S$40.662m
  • Shares outstanding: 713.36m
  • 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 freeze-dried fruit snacks, nuts, fruit cups ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 12:34
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.