Heatec Jietong Holdings
Market Cap
S$3.2m
Last Updated
2021/01/16 11:15 UTC
Data Sources
Company Financials
Executive Summary
Heatec Jietong Holdings Ltd. provides piping and heat exchanger services for the marine, petrochemical, and oil and gas industries. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Share Price & News
How has Heatec Jietong Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine 5OR's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine 5OR's volatility change over the past year.
Market Performance
7 Day Return
-7.1%
5OR
1.6%
SG Energy Services
1.4%
SG Market
1 Year Return
-25.7%
5OR
-26.2%
SG Energy Services
-10.9%
SG Market
Return vs Industry: 5OR matched the SG Energy Services industry which returned -26.2% over the past year.
Return vs Market: 5OR underperformed the SG Market which returned -10.9% over the past year.
Shareholder returns
| 5OR | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.1% | 1.6% | 1.4% |
| 30 Day | 52.9% | 6.8% | 5.1% |
| 90 Day | n/a | 13.0% | 17.2% |
| 1 Year | -25.7%-25.7% | -25.8%-26.2% | -6.1%-10.9% |
| 3 Year | -58.1%-58.1% | -51.4%-52.0% | -9.4%-20.5% |
| 5 Year | -51.2%-52.7% | -70.7%-71.5% | 27.3%3.9% |
Long-Term Price Volatility Vs. Market
How volatile is Heatec Jietong Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Heatec Jietong Holdings undervalued compared to its fair value and its price relative to the market?
29.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 5OR (SGD0.03) is trading below our estimate of fair value (SGD0.04)
Significantly Below Fair Value: 5OR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 5OR is unprofitable, so we can't compare its PE Ratio to the SG Energy Services industry average.
PE vs Market: 5OR 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 5OR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 5OR is good value based on its PB Ratio (0.2x) compared to the SG Energy Services industry average (0.4x).
Next Steps
Future Growth
How is Heatec Jietong Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.7%
Forecasted Energy 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 Heatec Jietong 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
- Examine whether Heatec Jietong Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Energy industry.
Past Performance
How has Heatec Jietong Holdings performed over the past 5 years?
-29.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5OR is currently unprofitable.
Growing Profit Margin: 5OR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 5OR is unprofitable, and losses have increased over the past 5 years at a rate of 29.2% per year.
Accelerating Growth: Unable to compare 5OR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 5OR is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (2.9%).
Return on Equity
High ROE: 5OR has a negative Return on Equity (-7.01%), as it is currently unprofitable.
Next Steps
Financial Health
How is Heatec Jietong Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 5OR's short term assets (SGD17.2M) exceed its short term liabilities (SGD10.6M).
Long Term Liabilities: 5OR's short term assets (SGD17.2M) exceed its long term liabilities (SGD2.1M).
Debt to Equity History and Analysis
Debt Level: 5OR's debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: 5OR's debt to equity ratio has increased from 20% to 36.4% 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: Whilst unprofitable 5OR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5OR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.6% per year.
Next Steps
Dividend
What is Heatec Jietong Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 5OR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 5OR'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 5OR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 5OR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 5OR is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5OR'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?
3.2yrs
Average management tenure
CEO
Soon Jeffrey (39 yo)
5yrs
Tenure
Mr. Soon Jeffrey has been the Chief Executive Officer of Heatec Jietong Holdings Ltd. since January 1, 2016. Mr. Jeffrey served as Group Sales & Business Development Director of Heatec Jietong Holdings Ltd...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5yrs | no data | 1.14% SGD 36.4k | |
| Co-Founder and Advisor | no data | no data | no data | |
| Co-Founder & Advisor | no data | no data | 26.05% SGD 832.8k | |
| Co-Founder & Advisor | no data | no data | 22.03% SGD 704.3k | |
| Financial Controller | 1.33yrs | no data | no data | |
| Group General Manager of Operation | 5yrs | no data | 0.81% SGD 26.0k | |
| Company Secretary | 0.67yr | no data | no data |
3.2yrs
Average Tenure
64yo
Average Age
Experienced Management: 5OR's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5yrs | no data | 1.14% SGD 36.4k | |
| Non-Executive Non-Independent Chairman | 2.67yrs | no data | no data | |
| Independent Director | 3.75yrs | no data | no data | |
| Lead Independent Director | 1.75yrs | no data | no data | |
| Independent Non-Executive Director | 2.5yrs | no data | no data | |
| Alternate Director | 2.5yrs | no data | no data |
2.6yrs
Average Tenure
46yo
Average Age
Experienced Board: 5OR's board of directors are not considered experienced ( 2.6 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Heatec Jietong Holdings Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Heatec Jietong Holdings Ltd.
- Ticker: 5OR
- Exchange: Catalist
- Founded: 1990
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: S$3.197m
- Shares outstanding: 122.96m
- Website: https://www.heatecholdings.com
Number of Employees
Location
- Heatec Jietong Holdings Ltd.
- 10 Tuas South Street 15
- Singapore
- 637076
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5OR | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Jul 2009 |
Biography
Heatec Jietong Holdings Ltd. provides piping and heat exchanger services for the marine, petrochemical, and oil and gas industries. The company operates through three segments: Piping, Heat Exchanger, and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:15 |
| End of Day Share Price | 2021/01/13 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.