Catalist:5OR

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Heatec Jietong Holdings

Executive Summary

Heatec Jietong Holdings Ltd. provides piping and heat exchanger services for the marine, petrochemical, and oil and gas industries. More Details


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

5ORIndustryMarket
7 Day-7.1%1.6%1.4%
30 Day52.9%6.8%5.1%
90 Dayn/a13.0%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

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

NamePositionTenureCompensationOwnership
Soon Jeffrey
CEO & Executive Director5yrsno data1.14%
SGD 36.4k
Li Vien Yong
Co-Founder and Advisorno datano datano data
Yeow Yong
Co-Founder & Advisorno datano data26.05%
SGD 832.8k
Yeow Soon
Co-Founder & Advisorno datano data22.03%
SGD 704.3k
Wei Jet Ng
Financial Controller1.33yrsno datano data
Jenson Soon
Group General Manager of Operation5yrsno data0.81%
SGD 26.0k
Le Jing Ong
Company Secretary0.67yrno datano data

3.2yrs

Average Tenure

64yo

Average Age

Experienced Management: 5OR's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Soon Jeffrey
CEO & Executive Director5yrsno data1.14%
SGD 36.4k
Soon Hock Lim
Non-Executive Non-Independent Chairman2.67yrsno datano data
Meng Huat Ang
Independent Director3.75yrsno datano data
Eng Wee Chong
Lead Independent Director1.75yrsno datano data
Liely Lee
Independent Non-Executive Director2.5yrsno datano data
Weng-Seng Loke
Alternate Director2.5yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5ORCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 11:15
End of Day Share Price2021/01/13 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.