Executive Summary
Chemical Industries (Far East) Limited, an investment holding company, manufactures and sells chemicals primarily in Singapore and Myanmar.
Snowflake
Fundamentals
Flawless balance sheet and undervalued.
Share Price & News
How has Chemical Industries (Far East)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
C05
-0.3%
SG Chemicals
0.9%
SG Market
1 Year Return
-4.1%
C05
7.2%
SG Chemicals
1.4%
SG Market
Return vs Industry: C05 underperformed the SG Chemicals industry which returned 7.2% over the past year.
Return vs Market: C05 underperformed the SG Market which returned 1.4% over the past year.
Shareholder returns
| C05 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -0.3% | 0.9% |
| 30 Day | 1.4% | 0.5% | -2.3% |
| 90 Day | 1.4% | 7.5% | -6.7% |
| 1 Year | -2.0%-4.1% | 9.5%7.2% | 5.4%1.4% |
| 3 Year | 24.1%-1.4% | 87.6%76.2% | 15.8%3.4% |
| 5 Year | 103.2%42.0% | 30.5%22.0% | 11.3%-7.0% |
Price Volatility Vs. Market
How volatile is Chemical Industries (Far East)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Chemical Industries (Far East) Limited (SGX:C05) Has Attractive Fundamentals1 month ago | Simply Wall St
Would Chemical Industries (Far East) Limited (SGX:C05) Be Valuable To Income Investors?2 months ago | Simply Wall St
Could Chemical Industries (Far East) Limited's (SGX:C05) Investor Composition Influence The Stock Price?Valuation
Is Chemical Industries (Far East) undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: C05 (SGD0.71) is trading below our estimate of fair value (SGD2.42)
Significantly Undervalued: C05 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: C05 is good value based on its PE Ratio (5x) compared to the Chemicals industry average (13.5x).
PE vs Market: C05 is good value based on its PE Ratio (5x) compared to the SG market (13.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate C05's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: C05 is good value based on its PB Ratio (0.5x) compared to the SG Chemicals industry average (0.5x).
Next Steps
Future Growth
How is Chemical Industries (Far East) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
5.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: C05's forecast earnings growth (5.9% per year) is above the savings rate (2.3%).
Earnings vs Market: C05's earnings (5.9% per year) are forecast to grow faster than the SG market (5.7% per year).
High Growth Earnings: C05's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if C05's revenue is forecast to grow faster than the SG market.
High Growth Revenue: Insufficient data to determine if C05's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if C05's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Chemical Industries (Far East) performed over the past 5 years?
-2.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: C05's earnings have declined by -2.6% per year over the past 5 years.
Accelerating Growth: C05's earnings growth over the past year (15.7%) exceeds its 5-year average (-2.6% per year).
Earnings vs Industry: C05 earnings growth over the past year (15.7%) underperformed the Chemicals industry 15.7%.
Return on Equity
High ROE: C05's Return on Equity (9.1%) is considered low.
Return on Assets
ROA vs Industry: C05 has a higher Return on Assets than the Chemicals industry average last year.
Return on Capital Employed
ROCE Improving: C05's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Chemical Industries (Far East)'s financial position?
Financial Position Analysis
Short Term Liabilities: C05's short term assets (SGD48.3M) exceeds its short term liabilities (SGD9.4M)
Long Term Liabilities: C05's short term assets (48.3M) exceeds its long term liabilities (2.9M)
Debt to Equity History and Analysis
Debt Level: C05 is debt free.
Reducing Debt: C05 has no debt compared to 5 years ago when its debt to equity ratio was 43.4%.
Debt Coverage: C05 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: C05 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: C05 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if C05's debt is covered by short term assets.
Next Steps
Dividend
What is Chemical Industries (Far East)'s current dividend yield, its reliability and sustainability?
2.11%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: C05's dividend (2.11%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.5%).
High Dividend: C05's dividend (2.11%) is low compared to the top 25% of dividend payers in the SG market (5.59%).
Stable Dividend: C05's dividend payments have been volatile in the past 10 years.
Growing Dividend: C05's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.7%), C05's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Chemical Industries (Far East)'s salary, the management and board of directors tenure and is there insider trading?
5.9yrs
Average management tenure
CEO
Soo Peng Lim (90yo)
0yrs
Tenure
S$1,325,000
Compensation
Mr. Soo Peng Lim, JP, BBM(L), BBM, PBM, founded of Chemical Industries Far East Ltd. in 1962. Mr. Lim serves as Managing Director of Chemical Industries Far East Ltd. In the 1960s, he was an elected Member ...
CEO Compensation Analysis
Compensation vs. Market: Soo Peng's total compensation ($USD966.14K) is about average for companies of similar size in the SG market ($USD259.62K).
Compensation vs Earnings: Soo Peng's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.9yrs
Average Tenure
59yo
Average Age
Experienced Management: C05's management team is seasoned and experienced (5.9 years average tenure).
Board Age and Tenure
3.1yrs
Average Tenure
66yo
Average Age
Experienced Board: C05's board of directors are considered experienced (3.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Soo Peng Lim (90yo)
Founder
- Tenure: 0yrs
- Compensation: S$1.33m
Cecil Lim (66yo)
Executive Director
- Tenure: 3.1yrs
- Compensation: S$488.00k
Collin Lim (52yo)
Plant Manager & Executive Director
- Tenure: 4.1yrs
- Compensation: S$295.00k
Keng Liang Yeo
Sales & Marketing Manager
- Tenure: 10.6yrs
Soon Soo Foo
Company Secretary
- Tenure: 5.5yrs
Wilson Loh
Head of Commercial
- Tenure: 5.9yrs
Yi Shin Chiang (48yo)
Chief Financial Officer
- Tenure: 4.6yrs
Ivan Toh
Head of Commercial
- Tenure: 0yrs
Board Members
Soon Bee Wan (80yo)
Non-Executive Independent Director
- Tenure: 19.3yrs
- Compensation: S$55.00k
Soo Peng Lim (90yo)
Founder
- Tenure: 0yrs
- Compensation: S$1.33m
Cecil Lim (66yo)
Executive Director
- Tenure: 3.1yrs
- Compensation: S$488.00k
Collin Lim (52yo)
Plant Manager & Executive Director
- Tenure: 4.1yrs
- Compensation: S$295.00k
Elaine Lim Lee (63yo)
Non-Executive Independent Director
- Tenure: 3.1yrs
- Compensation: S$55.00k
Hock Chye Yeo
Non-Executive Independent Director
- Tenure: 0.3yrs
Company Information
Chemical Industries (Far East) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Chemical Industries (Far East) Limited
- Ticker: C05
- Exchange: SGX
- Founded: 1962
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: S$53.921m
- Shares outstanding: 75.95m
- Website: https://www.cil.sg
Location
- Chemical Industries (Far East) Limited
- 3, Jalan Samulun
- Singapore
- 629127
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| C05 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jan 1992 |
Biography
Chemical Industries (Far East) Limited, an investment holding company, manufactures and sells chemicals primarily in Singapore and Myanmar. The company operates in two segments, Industrial Chemicals and Pr ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:33 |
| End of Day Share Price | 2019/09/27 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.