CH Offshore Ltd.

SGX:C13 Stock Report

Market Cap: S$27.5m

CH Offshore Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Benety Chang

Chief executive officer

US$228.8k

Total compensation

CEO salary percentage93.20%
CEO tenure7.8yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure5.2yrs

Recent management updates

Recent updates

Analysis Article Nov 17

CH Offshore Ltd.'s (SGX:C13) Business Is Trailing The Industry But Its Shares Aren't

There wouldn't be many who think CH Offshore Ltd.'s ( SGX:C13 ) price-to-sales (or "P/S") ratio of 1x is worth a...
Analysis Article Oct 07

Returns At CH Offshore (SGX:C13) Are On The Way Up

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article Jul 18

CH Offshore Ltd. (SGX:C13) Soars 29% But It's A Story Of Risk Vs Reward

Those holding CH Offshore Ltd. ( SGX:C13 ) shares would be relieved that the share price has rebounded 29% in the last...
Analysis Article May 26

Investors Give CH Offshore Ltd. (SGX:C13) Shares A 43% Hiding

Unfortunately for some shareholders, the CH Offshore Ltd. ( SGX:C13 ) share price has dived 43% in the last thirty...
Analysis Article Mar 18

CH Offshore Ltd. (SGX:C13) Stock's 35% Dive Might Signal An Opportunity But It Requires Some Scrutiny

The CH Offshore Ltd. ( SGX:C13 ) share price has fared very poorly over the last month, falling by a substantial 35...
Analysis Article Feb 25

CH Offshore (SGX:C13) Might Have The Makings Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Nov 11

CH Offshore Ltd.'s (SGX:C13) Subdued P/S Might Signal An Opportunity

It's not a stretch to say that CH Offshore Ltd.'s ( SGX:C13 ) price-to-sales (or "P/S") ratio of 0.9x right now seems...
Analysis Article Sep 28

CH Offshore (SGX:C13) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 31

CH Offshore Ltd.'s (SGX:C13) Shares Leap 32% Yet They're Still Not Telling The Full Story

CH Offshore Ltd. ( SGX:C13 ) shares have had a really impressive month, gaining 32% after a shaky period beforehand...
Analysis Article Jun 27

Does CH Offshore (SGX:C13) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 29

Subdued Growth No Barrier To CH Offshore Ltd. (SGX:C13) With Shares Advancing 48%

CH Offshore Ltd. ( SGX:C13 ) shareholders are no doubt pleased to see that the share price has bounced 48% in the last...
Analysis Article Mar 28

CH Offshore (SGX:C13) Is Making Moderate Use Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 08

Is CH Offshore (SGX:C13) Using Debt In A Risky Way?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 03

Does CH Offshore (SGX:C13) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 08

Some Shareholders Feeling Restless Over CH Offshore Ltd.'s (SGX:C13) P/S Ratio

When close to half the companies in the Energy Services industry in Singapore have price-to-sales ratios (or "P/S...
Analysis Article Mar 01

Is CH Offshore (SGX:C13) Weighed On By Its Debt Load?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 28

Does CH Offshore (SGX:C13) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 30

We Think CH Offshore (SGX:C13) Has A Fair Chunk Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 17

Is CH Offshore (SGX:C13) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Dec 02

CH Offshore (SGX:C13) Is Carrying A Fair Bit Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 19

Is CH Offshore (SGX:C13) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Mar 24

We Think CH Offshore (SGX:C13) Has A Fair Chunk Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Dec 09

Is CH Offshore (SGX:C13) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

CEO Compensation Analysis

How has Benety Chang's remuneration changed compared to CH Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$229kUS$213k

-US$2m

Sep 30 2025n/an/a

-US$541k

Jun 30 2025n/an/a

US$820k

Mar 31 2025n/an/a

US$979k

Dec 31 2024US$215kUS$201k

US$1m

Compensation vs Market: Benety's total compensation ($USD228.76K) is below average for companies of similar size in the SG market ($USD382.80K).

Compensation vs Earnings: Benety's compensation has increased whilst the company is unprofitable.


CEO

Benety Chang (79 yo)

7.8yrs
Tenure
US$228,758
Compensation

Dr. Benety Chang serves as Chief Executive Officer and Executive Director of CH Offshore Ltd since September 1, 2018 and served as its Non-Executive Director since August 27, 2018. Dr. Chang serves as the...


Board Members

NamePositionTenureCompensationOwnership
Benety Chang
CEO & Executive Director7.9yrsUS$228.76kno data
Peng Heok Thia
Non-Executive Non-Independent Director2.3yrsUS$34.23kno data
Kiang Kherng Tan
Non-Executive Non-Independent Director7.9yrsUS$37.34kno data
Gee Aik Lee
Independent Chairman2.4yrsUS$52.12kno data
Jeanette Chang
Non-Executive Non-Independent Director7.9yrsUS$37.34kno data
Chee Soon Tham
Independent Non-Executive Director3yrsUS$51.35kno data
Ahmad Nizam Bin Abbas
Independent Non-Executive Director5.2yrsUS$42.79kno data
5.2yrs
Average Tenure
61yo
Average Age

Experienced Board: C13's board of directors are considered experienced (5.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 22:00
End of Day Share Price 2026/07/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CH Offshore Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kay LimDNB Carnegie