Forise International (SGX:8A1) - Stock Price, News & Analysis

8A1 Stock Overview

An investment holding company, offers strategic planning, corporate advisory, financial restructuring advisory, and management consulting services in the Peoples Republic of China, India, and Singapore.

About the company

8A1 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings have grown 41.5% per year over the past 5 years

Risk Analysis

Makes less than USD$1m in revenue (SGD584K)

Has less than 1 year of cash runway

Does not have a meaningful market cap (SGD5M)

Forise International Limited Competitors

OneApex

Catalist:5SY

S$11.7m

Plato Capital

Catalist:YYN

S$22.8m

British and Malayan Holdings

SGX:CJN

S$3.1m

TIH

SGX:T55

S$46.6m

Price History & Performance

Summary of all time highs, changes and price drops for Forise International
Historical stock prices
Current Share Price	S$0.11
52 Week High	S$0.14
52 Week Low	S$0.057
Beta	1.18
11 Month Change	-10.83%
3 Month Change	24.42%
1 Year Change	n/a
33 Year Change	25.88%
5 Year Change	-28.67%
Change since IPO	-99.48%

Recent updates

Shareholder Returns

	8A1	SG Capital Markets	SG Market
7D	2.9%	1.6%	0.7%
1Y	n/a	14.3%	9.3%

Return vs Industry: Insufficient data to determine how 8A1 performed against the SG Capital Markets industry.

Return vs Market: Insufficient data to determine how 8A1 performed against the SG Market.

Price Volatility

Is 8A1's price volatile compared to industry and market?
8A1 volatility
8A1 Average Weekly Movement	6.3%
Capital Markets Industry Average Movement	3.3%
Market Average Movement	4.9%
10% most volatile stocks in SG Market	14.7%
10% least volatile stocks in SG Market	2.5%

Stable Share Price: 8A1 has not had significant price volatility in the past 3 months.

Volatility Over Time: 8A1's weekly volatility has decreased from 17% to 6% over the past year.

About the Company

Founded	Employees	CEO	Website
2008	4	n/a	forise-international.com

Forise International Limited, an investment holding company, offers strategic planning, corporate advisory, financial restructuring advisory, and management consulting services in the Peoples Republic of China, India, and Singapore. It offers commercial factoring services. The company was formerly known as Great Group Holdings Limited and changed its name to Forise International Limited in December 2015.

Forise International Limited Fundamentals Summary

How do Forise International's earnings and revenue compare to its market cap?
8A1 fundamental statistics
Market cap	S$4.64m
Earnings (TTM)	-S$172.00k
Revenue (TTM)	S$584.00k

7.8x

P/S Ratio

-26.5x

P/E Ratio

Is 8A1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8A1 income statement (TTM)
Revenue	S$584.00k
Cost of Revenue	S$41.00k
Gross Profit	S$543.00k
Other Expenses	S$715.00k
Earnings	-S$172.00k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.004
Gross Margin	92.98%
Net Profit Margin	-29.45%
Debt/Equity Ratio	0%

How did 8A1 perform over the long term?

See historical performance and comparison

8A1 Stock Overview

Rewards

Risk Analysis

Forise International Limited Competitors

Catalist:5SY

S$11.7m

Catalist:YYN

S$22.8m

SGX:CJN

S$3.1m

SGX:T55

S$46.6m

Price History & Performance

Recent News & Updates

New major risk - Financial position

Forise International Limited to Report Q2, 2024 Results on Aug 14, 2024

Forise International Limited (SGX:8A1) signed non-binding term sheet to acquire 50.13% stake in Shinmax Products Sdn. Bhd. from Lum Chee Seng and Toh Wee Kiong for SGD 2.87 million.

High number of new and inexperienced directors

Forise International Limited, Annual General Meeting, Apr 26, 2024

Forise International Limited Announces Appointment of Phuah Ewe Chong as Chief Financial Officer

Recent updates

New major risk - Financial position

Forise International Limited to Report Q2, 2024 Results on Aug 14, 2024

Forise International Limited (SGX:8A1) signed non-binding term sheet to acquire 50.13% stake in Shinmax Products Sdn. Bhd. from Lum Chee Seng and Toh Wee Kiong for SGD 2.87 million.

High number of new and inexperienced directors

Forise International Limited, Annual General Meeting, Apr 26, 2024

Forise International Limited Announces Appointment of Phuah Ewe Chong as Chief Financial Officer

New minor risk - Financial data availability

New minor risk - Share price stability

Forise International Limited Announces Resignation of Yap Yoke Peng as Financial Controller

High number of new and inexperienced directors

High number of new and inexperienced directors

First half 2023 earnings released: S$0.012 loss per share (vs S$0.013 loss in 1H 2022)

New major risk - Financial position

High number of new and inexperienced directors

Forise International Limited Announces the Resignation of Peng Weile (Leo) as Executive Director

Forise International Limited Appoints Tang Kai Meng as Independent Non-Executive Director. Member of the Audit Committee, Remuneration Committee and Nominating Committee

Forise International Limited Announces Redesignation of Heng Chee Song Peter as Chairman of Remuneration Committee

High number of new and inexperienced directors

Forise International Limited Appoints Heng Chee Song Peter as Independent Non-Executive Director

Full year 2022 earnings released: S$0.038 loss per share (vs S$0 in FY 2021)

Full year 2022 earnings released: S$0.038 loss per share (vs S$0 in FY 2021)

Forise International Limited Announces Redesignation of Mr. Lee Ah Too from Independent Non-Executive Director of the Company and Member of the Audit Committee, Remuneration Committee and Nominating Committee to Chairman of the Remuneration Committee and Nominating Committee

Less than half of directors are independent

Forise International Limited Announces Resignation of Azman Hisham Bin Ja'afar as Independent Non-Executive Director

Executive Director recently bought S$54k worth of stock

Raffles Emi Pte. Ltd completed the acquisition of remaining 51% stake in Raffles Neobank Solutions Pte. Ltd. from Forise International Limited (SGX:8A1

Forise International Limited Announces Resignation of Peng Fei (George) as Non-Executive Director

Insider recently sold S$245k worth of stock

First half 2022 earnings released: S$0.012 loss per share (vs S$0.014 loss in 1H 2021)

Less than half of directors are independent

Less than half of directors are independent

Forise International Limited Appoints Wan Jinn Woei as Executive Director

Full year 2021 earnings released

Forise International Limited, Annual General Meeting, Apr 27, 2022

Less than half of directors are independent

Full year 2020 earnings released

Forise International Limited Announces Resignation of Cheong Wenjie as Chief Financial Officer

Forise International Limited (SGX:I5H) entered into an agreement to acquire an additional 4.31% stake in Prisma Technologies Pte. Ltd. from Lee Soek Shen for SGD 1.7 million.

First half earnings released

Liew Chok San completed the acquisition of 40% stake in TNT Global Capital Pte Ltd from Forise International Limited (SGX:I5H).

Shareholder Returns

Price Volatility

About the Company

Forise International Limited Fundamentals Summary

7.8x

-26.5x

Earnings & Revenue