SGX:BLH

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Hai Leck Holdings

Executive Summary

Hai Leck Holdings Limited, an investment holding company, provides engineering, procurement, and construction project services and maintenance services to the oil and gas, petrochemical, pharmaceutical, and utilities industries in Singapore. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Hai Leck 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 BLH's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine BLH's volatility change over the past year.


Market Performance


7 Day Return

2.1%

BLH

1.6%

SG Energy Services

1.4%

SG Market


1 Year Return

-6.7%

BLH

-26.2%

SG Energy Services

-10.9%

SG Market

Return vs Industry: BLH exceeded the SG Energy Services industry which returned -26.2% over the past year.

Return vs Market: BLH exceeded the SG Market which returned -10.9% over the past year.


Shareholder returns

BLHIndustryMarket
7 Day2.1%1.6%1.4%
30 Day2.1%6.8%5.1%
90 Dayn/a13.0%17.2%
1 Year-6.7%-6.7%-25.8%-26.2%-6.1%-10.9%
3 Year-8.9%-14.0%-51.4%-52.0%-9.4%-20.5%
5 Year88.4%44.1%-70.7%-71.5%27.3%3.9%

Long-Term Price Volatility Vs. Market

How volatile is Hai Leck Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hai Leck Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BLH (SGD0.49) is trading below our estimate of fair value (SGD6.67)

Significantly Below Fair Value: BLH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BLH is poor value based on its PE Ratio (11.5x) compared to the SG Energy Services industry average (5.7x).

PE vs Market: BLH is good value based on its PE Ratio (11.5x) compared to the SG market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLH is overvalued based on its PB Ratio (0.8x) compared to the SG Energy Services industry average (0.4x).


Next Steps

Future Growth

How is Hai Leck 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 Hai Leck 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 Hai Leck Holdings performed over the past 5 years?

-38.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLH has high quality earnings.

Growing Profit Margin: BLH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BLH's earnings have declined by 38.9% per year over the past 5 years.

Accelerating Growth: BLH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BLH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (2.9%).


Return on Equity

High ROE: BLH's Return on Equity (7.1%) is considered low.


Next Steps

Financial Health

How is Hai Leck Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BLH's short term assets (SGD120.9M) exceed its short term liabilities (SGD43.4M).

Long Term Liabilities: BLH's short term assets (SGD120.9M) exceed its long term liabilities (SGD9.3M).


Debt to Equity History and Analysis

Debt Level: BLH is debt free.

Reducing Debt: BLH has not had any debt for past 5 years.

Debt Coverage: BLH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BLH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hai Leck Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: BLH is not paying a notable dividend for the SG market.


Future Payout to Shareholders

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

2.7yrs

Average management tenure


CEO

Buck Poh Cheng (77 yo)

0.58

Tenure

Mr. Buck Poh Cheng @ Chng Bok Poh, BBM founded Hai Leck Holdings Limited and serves as its Executive Chairman. Mr. Cheng serves as Chief Executive Officer of Hai Leck Holdings Limited since June 16, 2020. ...


Leadership Team

NamePositionTenureCompensationOwnership
Buck Poh Cheng
Founder0.58yrno data46.91%
SGD 47.3m
Wan Lin Sin
Chief Financial Officer4.17yrsno datano data
Li Chen Cheng
Executive Director13.25yrsno datano data
Mui Goh
Head of Corporate Servicesno datano datano data
Kok Liang Chew
Joint Company Secretary11yrsno datano data
Wee Ling Cheng
Managing Director of Tele-centre Services Pte Ltd7yrsno datano data
Kuei Lian Siau
Joint Secretary1.17yrsno datano data

2.7yrs

Average Tenure

46yo

Average Age

Experienced Management: BLH's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Buck Poh Cheng
Founder0.58yrno data46.91%
SGD 47.3m
Li Chen Cheng
Executive Director13.25yrsno datano data
Teck Kwong Chee
Independent Director12.58yrsno data0.030%
SGD 30.6k
Sim Cheng Tan
Non-Executive Deputy Chairman & Lead Independent Director12yrsno data0.046%
SGD 45.9k
Keng Woon Chua
Non-Executive Independent Director1.25yrsno data0.46%
SGD 461.3k
Hui Kwan Lim
Independent Non-Executive Director0.25yrno datano data

12.0yrs

Average Tenure

66yo

Average Age

Experienced Board: BLH's board of directors are seasoned and experienced ( 12 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: BLH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hai Leck Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hai Leck Holdings Limited
  • Ticker: BLH
  • Exchange: SGX
  • Founded: 1975
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: S$100.780m
  • Shares outstanding: 205.67m
  • Website: https://www.haileck.com

Number of Employees


Location

  • Hai Leck Holdings Limited
  • 47 Tuas View Circuit
  • Singapore
  • 637357
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLHSGX (Singapore Exchange)YesOrdinary SharesSGSGDAug 2008

Biography

Hai Leck Holdings Limited, an investment holding company, provides engineering, procurement, and construction project services and maintenance services to the oil and gas, petrochemical, pharmaceutical, an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 11:13
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/06/30


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.