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
Rewards
Risk Analysis
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
| BLH | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 1.6% | 1.4% |
| 30 Day | 2.1% | 6.8% | 5.1% |
| 90 Day | n/a | 13.0% | 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 Year | 88.4%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
3 weeks ago | Simply Wall St
Did You Participate In Any Of Hai Leck Holdings' (SGX:BLH) Respectable 59% Return?2 months ago | Simply Wall St
Returns On Capital At Hai Leck Holdings (SGX:BLH) Paint An Interesting Picture3 months ago | Simply Wall St
Did Hai Leck Holdings Limited (SGX:BLH) Insiders Buy Up More Shares?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
- Examine whether Hai Leck 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.
- Hai Leck Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 0.58yr | no data | 46.91% SGD 47.3m | |
| Chief Financial Officer | 4.17yrs | no data | no data | |
| Executive Director | 13.25yrs | no data | no data | |
| Head of Corporate Services | no data | no data | no data | |
| Joint Company Secretary | 11yrs | no data | no data | |
| Managing Director of Tele-centre Services Pte Ltd | 7yrs | no data | no data | |
| Joint Secretary | 1.17yrs | no data | no data |
2.7yrs
Average Tenure
46yo
Average Age
Experienced Management: BLH's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 0.58yr | no data | 46.91% SGD 47.3m | |
| Executive Director | 13.25yrs | no data | no data | |
| Independent Director | 12.58yrs | no data | 0.030% SGD 30.6k | |
| Non-Executive Deputy Chairman & Lead Independent Director | 12yrs | no data | 0.046% SGD 45.9k | |
| Non-Executive Independent Director | 1.25yrs | no data | 0.46% SGD 461.3k | |
| Independent Non-Executive Director | 0.25yr | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BLH | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Aug 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:13 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/06/30 |
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.