Chip Eng Seng
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Chip Eng Seng Corporation Ltd, an investment holding company, engages in the construction, property development and investment, and hospitality businesses primarily in Singapore, Australia, Malaysia, and Maldives. The last earnings update was 21 days ago. More info.
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C29 Share Price and Events
7 Day Returns
1 Year Returns
C29 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Chip Eng Seng (C29) | -1.9% | 3.2% | 14.4% | -19.7% | 12.8% | 3.9% |
| SG Real Estate | 0.5% | 2.7% | 6.5% | -7% | 6% | -4.9% |
| SG Market | 0.3% | 3.1% | 3.7% | -6.2% | 8.5% | -3% |
1 Year Return vs Industry and Market
- C29 underperformed the Real Estate industry which returned -7% over the past year.
- C29 underperformed the Market in Singapore which returned -6.2% over the past year.
C29 Value
Is Chip Eng Seng undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Chip Eng Seng. This is due to cash flow or dividend data being unavailable. The share price is SGD0.795.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Chip Eng Seng's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Chip Eng Seng's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in SGD | SGD0.10 |
| SGX:C29 Share Price ** | SGX (2019-04-22) in SGD | SGD0.8 |
| Singapore Real Estate Industry PE Ratio | Median Figure of 38 Publicly-Listed Real Estate Companies | 9.52x |
| Singapore Market PE Ratio | Median Figure of 328 Publicly-Listed Companies | 13.26x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Chip Eng Seng.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = SGX:C29 Share Price ÷ EPS (both in SGD) = 0.8 ÷ 0.10 |
7.85x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Chip Eng Seng is good value based on earnings compared to the SG Real Estate industry average.
- Chip Eng Seng is good value based on earnings compared to the Singapore market.
Price based on expected Growth
Does
Chip Eng Seng's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 7.85x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
-36.8%per year |
| Singapore Real Estate Industry PEG Ratio | Median Figure of 14 Publicly-Listed Real Estate Companies | -0.16x |
| Singapore Market PEG Ratio | Median Figure of 119 Publicly-Listed Companies | 1.63x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 7.85x ÷ -36.8% |
-0.21x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Chip Eng Seng earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Chip Eng Seng's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in SGD | SGD1.31 |
| SGX:C29 Share Price * | SGX (2019-04-22) in SGD | SGD0.8 |
| Singapore Real Estate Industry PB Ratio | Median Figure of 46 Publicly-Listed Real Estate Companies | 0.59x |
| Singapore Market PB Ratio | Median Figure of 432 Publicly-Listed Companies | 0.75x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = SGX:C29 Share Price ÷ Book Value per Share (both in SGD) = 0.8 ÷ 1.31 |
0.61x |
* Primary Listing of Chip Eng Seng.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Chip Eng Seng is overvalued based on assets compared to the SG Real Estate industry average.
Value checks
We assess Chip Eng Seng's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check) Chip Eng Seng has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
C29 Future Performance
How is Chip Eng Seng expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Chip Eng Seng's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
- Chip Eng Seng's earnings are expected to decrease over the next 1-3 years, this is below the Singapore market average.
- Chip Eng Seng's revenues are expected to decrease over the next 1-3 years, this is below the Singapore market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| SGX:C29 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | -36.8% |
| SGX:C29 Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | -14.1% |
| Singapore Real Estate Industry Earnings Growth Rate | Market Cap Weighted Average | -10.1% |
| Singapore Real Estate Industry Revenue Growth Rate | Market Cap Weighted Average | 3.1% |
| Singapore Market Earnings Growth Rate | Market Cap Weighted Average | 5.9% |
| Singapore Market Revenue Growth Rate | Market Cap Weighted Average | 4.8% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in SGD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 813 | 147 | 31 | 1 |
| 2019-12-31 | 952 | 75 | 37 | 1 |
| Date (Data in SGD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 1,080 | -98 | 63 |
| 2018-09-30 | 1,038 | -680 | 48 |
| 2018-06-30 | 932 | -938 | 47 |
| 2018-03-31 | 897 | -552 | 33 |
| 2017-12-31 | 851 | -491 | 33 |
| 2017-09-30 | 844 | 79 | 34 |
| 2017-06-30 | 782 | 213 | 27 |
| 2017-03-31 | 803 | -145 | 44 |
| 2016-12-31 | 748 | -257 | 36 |
| 2016-09-30 | 652 | -191 | 31 |
| 2016-06-30 | 658 | -24 | 38 |
| 2016-03-31 | 621 | 177 | 46 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Chip Eng Seng Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SGD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 0.05 | 0.05 | 0.05 | 1.00 |
| 2019-12-31 | 0.06 | 0.06 | 0.06 | 1.00 |
| Date (Data in SGD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.10 |
| 2018-09-30 | 0.08 |
| 2018-06-30 | 0.07 |
| 2018-03-31 | 0.05 |
| 2017-12-31 | 0.05 |
| 2017-09-30 | 0.05 |
| 2017-06-30 | 0.04 |
| 2017-03-31 | 0.07 |
| 2016-12-31 | 0.06 |
| 2016-09-30 | 0.05 |
| 2016-06-30 | 0.06 |
| 2016-03-31 | 0.07 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Chip Eng Seng's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Singapore market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Singapore market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Chip Eng Seng has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
C29 Past Performance
How has Chip Eng Seng performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Chip Eng Seng's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Chip Eng Seng's 1-year earnings growth exceeds its 5-year average (92.8% vs -32.8%)
- Chip Eng Seng's earnings growth has exceeded the SG Real Estate industry average in the past year (92.8% vs 5.7%).
Earnings and Revenue History
All data from Chip Eng Seng Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SGD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 1,080.23 | 63.12 | 108.33 | |
| 2018-09-30 | 1,038.41 | 47.69 | 104.33 | |
| 2018-06-30 | 931.63 | 46.57 | 97.59 | |
| 2018-03-31 | 896.92 | 32.92 | 88.81 | |
| 2017-12-31 | 850.81 | 32.74 | 74.45 | |
| 2017-09-30 | 843.59 | 34.14 | 71.45 | |
| 2017-06-30 | 782.06 | 26.68 | 65.99 | |
| 2017-03-31 | 803.21 | 43.52 | 70.24 | |
| 2016-12-31 | 748.00 | 35.69 | 67.27 | |
| 2016-09-30 | 651.82 | 30.56 | 72.01 | |
| 2016-06-30 | 658.44 | 38.42 | 88.24 | |
| 2016-03-31 | 621.20 | 45.56 | 86.22 | |
| 2015-12-31 | 676.45 | 62.99 | 81.37 | |
| 2015-09-30 | 891.19 | 220.82 | 83.74 | |
| 2015-06-30 | 1,148.48 | 280.16 | 71.61 | |
| 2015-03-31 | 1,075.06 | 277.38 | 63.50 | |
| 2014-12-31 | 1,105.74 | 280.73 | 62.53 | |
| 2014-09-30 | 910.29 | 147.78 | 61.82 | |
| 2014-06-30 | 584.45 | 102.11 | 58.73 | |
| 2014-03-31 | 569.89 | 90.31 | 58.93 | |
| 2013-12-31 | 502.47 | 73.37 | 63.85 | |
| 2013-09-30 | 551.89 | 77.95 | 64.54 | |
| 2013-06-30 | 724.73 | 80.97 | 68.23 | |
| 2013-03-31 | 698.27 | 81.58 | 66.16 | |
| 2012-12-31 | 617.13 | 81.27 | 58.53 | |
| 2012-09-30 | 452.04 | 70.89 | 39.85 | |
| 2012-06-30 | 261.66 | 65.48 | 34.98 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Chip Eng Seng has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Chip Eng Seng used its assets more efficiently than the SG Real Estate industry average last year based on Return on Assets.
- Chip Eng Seng's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Chip Eng Seng's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Chip Eng Seng has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
C29 Health
How is Chip Eng Seng's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Chip Eng Seng's finances.
The net worth of a company is the difference between its assets and liabilities.
- Chip Eng Seng is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Chip Eng Seng's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Chip Eng Seng Company Filings, last reported 3 months ago.
| Date (Data in SGD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 874.06 | 1,938.92 | 209.17 |
| 2018-09-30 | 836.76 | 1,878.22 | 382.79 |
| 2018-06-30 | 825.65 | 1,938.73 | 320.74 |
| 2018-03-31 | 834.04 | 1,563.86 | 256.24 |
| 2017-12-31 | 824.72 | 1,729.00 | 154.31 |
| 2017-09-30 | 785.98 | 1,376.22 | 508.31 |
| 2017-06-30 | 765.96 | 1,340.77 | 597.92 |
| 2017-03-31 | 786.42 | 1,327.62 | 514.72 |
| 2016-12-31 | 776.61 | 1,259.55 | 407.60 |
| 2016-09-30 | 753.03 | 1,171.46 | 461.98 |
| 2016-06-30 | 734.96 | 1,199.26 | 470.25 |
| 2016-03-31 | 745.93 | 823.27 | 371.37 |
| 2015-12-31 | 742.97 | 936.49 | 292.37 |
| 2015-09-30 | 728.99 | 963.58 | 470.21 |
| 2015-06-30 | 726.00 | 993.04 | 310.67 |
| 2015-03-31 | 749.88 | 877.48 | 292.62 |
| 2014-12-31 | 736.41 | 940.82 | 220.91 |
| 2014-09-30 | 572.63 | 583.26 | 183.91 |
| 2014-06-30 | 512.40 | 598.40 | 192.67 |
| 2014-03-31 | 522.56 | 742.98 | 191.75 |
| 2013-12-31 | 498.81 | 768.52 | 118.75 |
| 2013-09-30 | 466.93 | 792.52 | 226.05 |
| 2013-06-30 | 439.10 | 680.23 | 219.24 |
| 2013-03-31 | 468.20 | 484.75 | 260.89 |
| 2012-12-31 | 460.49 | 461.75 | 179.36 |
| 2012-09-30 | 429.17 | 502.05 | 191.09 |
| 2012-06-30 | 401.73 | 644.76 | 124.37 |
- Chip Eng Seng's level of debt (221.8%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (153.9% vs 221.8% today).
- Operating cash flow is negative therefore debt is not well covered.
- Interest payments on debt are not well covered by earnings (EBIT is 3x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Chip Eng Seng's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Chip Eng Seng has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
C29 Dividends
What is Chip Eng Seng's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
SGD2,000 of
Chip Eng Seng
shares you are expected to receive
SGD101
in your first year as a dividend.
Dividend Amount
- Chip Eng Seng's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.5%).
- Chip Eng Seng's dividend is below the markets top 25% of dividend payers in Singapore (5.46%).
Upcoming dividend payment
Purchase Chip Eng Seng before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Singapore Real Estate Industry Average Dividend Yield | Market Cap Weighted Average of 34 Stocks | 3% |
| Singapore Market Average Dividend Yield | Market Cap Weighted Average of 278 Stocks | 3.9% |
| Singapore Minimum Threshold Dividend Yield | 10th Percentile | 1.6% |
| Singapore Bottom 25% Dividend Yield | 25th Percentile | 2.5% |
| Singapore Top 25% Dividend Yield | 75th Percentile | 5.5% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in SGD) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 0.04 | 1.00 |
| 2019-12-31 | 0.04 | 1.00 |
| Date (Data in SGD) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-01 | 0.040 | 4.985 |
| 2019-02-22 | 0.040 | 5.242 |
| 2018-04-09 | 0.040 | 5.050 |
| 2018-02-13 | 0.040 | 4.191 |
| 2017-04-10 | 0.040 | 4.936 |
| 2017-02-16 | 0.040 | 5.437 |
| 2016-02-05 | 0.040 | 6.155 |
| 2015-04-06 | 0.040 | 5.549 |
| 2014-02-20 | 0.040 | 4.768 |
| 2013-03-15 | 0.040 | 5.566 |
| 2012-02-22 | 0.040 | 8.159 |
| 2011-02-22 | 0.040 | 9.651 |
| 2010-04-13 | 0.030 | 7.816 |
| 2010-02-10 | 0.030 | 7.693 |
| 2009-04-23 | 0.008 | 2.058 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Chip Eng Seng's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (2.5x coverage).
- Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
Income/ dividend checks
We assess Chip Eng Seng's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Chip Eng Seng afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Chip Eng Seng has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
C29 Management
CEO
| AGE | 53 |
| TENURE AS CEO | 3.2 years |
CEO Bio
Mr. Chia Lee Meng, also known as Raymond, PBM, served as Executive Chairman of Chip Eng Seng Corporation Ltd from May 5, 2016 to October 11, 2018 and has been its Chief Executive Officer and Executive Director since February 1, 2016. Mr. Meng served as Head of Corporate Affairs of Human Resources & Legal Affairs at Chip Eng Seng Corporation Ltd and Director of Group Financial & Investment Matters since September 2, 1999. He joined the firm in 1994 and served as a Project Manager. He served as Administrative Executive of T.C. Sin & Associates and a Senior Officer of Tat Lee Bank Ltd. He serves as the Chairman of Seacare Properties Pte Ltd. Mr. Meng served as a Director of Educare Co-operative Ltd. He served as Executive Deputy Chairman and Executive Director of Chip Eng Seng Corporation Ltd since January 1, 2013 and September 2, 1999 respectively and also serves as Director of some of its subsidiary companies. Mr. Meng received a Master degree in Finance from RMIT University and a Bachelor degree in Economics and Finance from Curtin University.
CEO Compensation
- Insufficient data for Raymond to compare compensation growth.
- Insufficient data for Raymond to establish whether their remuneration is reasonable compared to companies of similar size in Singapore.
Management Team Tenure
Average tenure and age of the Chip Eng Seng management team in years:
- The average tenure for the Chip Eng Seng management team is less than 2 years, this suggests a new team.
Management Team
Raymond Chia
Group CEO & Executive Director
53
3.2 yrs
Cheong Yan Law
Chief Financial Officer
47
5.7 yrs
Gin Goh
Senior Legal Counsel & Joint Company Secretary
Joanne Goh
General Manager of Marketing
Kang Ang
Chief Human Resource Officer
Siang Thong Yeo
Managing Director of Construction Division
55
1.7 yrs
Tee Tan
Executive Director
59
1.2 yrs
Shaw Leong Yoong
Managing Director of Precast Division
1 yrs
Thiam Koh
Senior Vice President
Lui Kathryn
Senior Vice President
Board of Directors Tenure
Average tenure and age of the Chip Eng Seng board of directors in years:
- The average tenure for the Chip Eng Seng board of directors is less than 3 years, this suggests a new board.
Board of Directors
Serena Tang
Non-Executive Chairman
0.5 yrs
Raymond Chia
Group CEO & Executive Director
53
3.2 yrs
Tee Tan
Executive Director
59
1.2 yrs
Abdul Jabbar Bin Karam Din
Independent Director
1.2 yrs
Mong Ang
Lead Independent Director
69
3.4 yrs
Gim Ung
Independent Director
78
4 yrs
Tuck Lui
Independent Director
2.8 yrs
Wai Han Lock
Independent & Non-Executive Director
50
0.5 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (SGD) | Value (SGD) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 04. Apr 19 | Sell | Wai Han Lock | Individual | 04. Apr 19 | 04. Apr 19 | -90,000 | SGD0.80 | SGD-72,450 | ||
| 08. Oct 18 | Buy | Celine Tang | Individual | 08. Oct 18 | 08. Oct 18 | 168,907,000 | SGD1.08 | SGD182,419,524 | ||
| 08. Oct 18 | Buy | Senz Holdings Limited | Company | 08. Oct 18 | 08. Oct 18 | 17,198,000 | SGD1.08 | SGD18,573,836 | ||
| 08. Oct 18 | Sell | Sock Lim | Individual | 08. Oct 18 | 08. Oct 18 | -10,000,000 | SGD1.08 | SGD-10,799,998 | ||
| 08. Oct 18 | Sell | Tiang Lim | Individual | 08. Oct 18 | 08. Oct 18 | -44,177,000 | SGD1.08 | SGD-47,711,151 | ||
| 08. Oct 18 | Sell | Tiam Lim | Individual | 08. Oct 18 | 08. Oct 18 | -77,697,000 | SGD1.08 | SGD-83,912,744 | ||
| 08. Oct 18 | Sell | Lim Kiang | Individual | 08. Oct 18 | 08. Oct 18 | -13,000,000 | SGD1.08 | SGD-14,039,997 | ||
Management checks
We assess Chip Eng Seng's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Chip Eng Seng has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
C29 News
Simply Wall St News
What Type Of Shareholder Owns Chip Eng Seng Corporation Ltd's (SGX:C29)?
If you want to know who really controls Chip Eng Seng Corporation Ltd (SGX:C29), then you'll have to look at the makeup of its share registry. … With a market capitalization of S$501m, Chip Eng Seng is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Chip Eng Seng
Simply Wall St - – Full articleThe Chip Eng Seng (SGX:C29) Share Price Is Down 20% So Some Shareholders Are Getting Worried
Chip Eng Seng Corporation Ltd (SGX:C29) shareholders should be happy to see the share price up 11% in the last quarter. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Even though the Chip Eng Seng share price is down over the year, its EPS actually improved.
Simply Wall St - – Full articleHow Many Insiders Bought Chip Eng Seng Corporation Ltd (SGX:C29) Shares?
So shareholders might well want to know whether insiders have been buying or selling shares in Chip Eng Seng Corporation Ltd (SGX:C29). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … The Last 12 Months Of Insider Transactions At Chip Eng Seng.
Simply Wall St - – Full articleWhat Does Chip Eng Seng Corporation Ltd's (SGX:C29) Share Price Indicate?
received a lot of attention from a substantial price movement on the SGX over the last few months, increasing to SGD0.76 at one point, and dropping to the lows of SGD0.65. … A question to answer is whether Chip Eng Seng's current trading price of SGD0.69 reflective of the actual value of the? … Let’s take a look at Chip Eng Seng’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleDo Insiders Own Shares In Chip Eng Seng Corporation Ltd (SGX:C29)?
Generally speaking, as a company grows, institutions will increase their ownership. … Chip Eng Seng is not a large company by global standards. … See our latest analysis for Chip Eng Seng
Simply Wall St - – Full articleWhat Kind Of Share Price Volatility Should You Expect For Chip Eng Seng Corporation Ltd (SGX:C29)?
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.
Simply Wall St - – Full articleIs Chip Eng Seng Corporation Ltd's (SGX:C29) Stock Available For A Good Price After Accounting For Growth?
Looking at Chip Eng Seng Corporation Ltd’s (SGX:C29) fundamentals some investors are wondering if its last closing price of SGD0.69 represents a good value for money for this high growth stock. … View our latest analysis for Chip Eng Seng? … Chip Eng Seng is poised for extremely high earnings growth in the near future
Simply Wall St - – Full articleWho Owns Chip Eng Seng Corporation Ltd (SGX:C29)?
In this article, I will take a quick look at Chip Eng Seng Corporation Ltd’s (SGX:C29) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … Therefore, it is beneficial for us to examine C29's ownership structure in more detail.
Simply Wall St - – Full articleIs Chip Eng Seng Corporation Ltd's (SGX:C29) PE Ratio A Signal To Buy For Investors?
This analysis is intended to introduce important early concepts to people who are starting to invest. … While C29 might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … See our latest analysis for Chip Eng Seng
Simply Wall St - – Full articleHow Chip Eng Seng Corporation Ltd (SGX:C29) Can Impact Your Portfolio Volatility
Not all stocks are expose to the same level of market risk. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Any stock with a beta of greater than one is considered more volatile than the market, and those with a beta less than one is generally less volatile.
Simply Wall St - – Full articleC29 Company Info
Description
Chip Eng Seng Corporation Ltd, an investment holding company, engages in the construction, property development and investment, and hospitality businesses primarily in Singapore, Australia, Malaysia, and Maldives. The company operates through Construction, Property Developments, Property Investments, Hospitality, and Corporate and Others segments. The company constructs public housing projects, condominiums, and executive condominiums, as well as industrial and commercial projects; develops residential, commercial, and industrial properties, as well as manages development projects; and provides real estate management and consultancy services. It also leases investment properties, such as shophouses, and commercial and industrial properties; operates hotels and island resort; engages in treasury functions; and invests in marketable securities. In addition, the company acts as general building contractor; manufactures and trades in precast products; and provides general building engineering services. Further, the company operates Repton-brand pre-school center in Singapore. Chip Eng Seng Corporation Ltd was incorporated in 1998 and is headquartered in Singapore.
Details
| Name: | Chip Eng Seng Corporation Ltd |
| C29 | |
| Exchange: | SGX |
| Founded: | 1998 |
| SGD500,811,248 | |
| 626,014,061 | |
| Website: | http://www.chipengseng.com.sg |
| Address: |
Chip Eng Seng Corporation Ltd No. 12-01, CES Centre, 171 Chin Swee Road, Singapore, 169877, Singapore |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| SGX | C29 | Ordinary Shares | Singapore Exchange | SG | SGD | 24. Nov 1999 | |
| BST | QK5 | Ordinary Shares | Boerse-Stuttgart | DE | EUR | 24. Nov 1999 |
Number of employees
Current staff
Industry
| Real Estate Development | |
| Real Estate |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/22 12:33 |
| End of day share price update: | 2019/04/22 00:00 |
| Last estimates confirmation: | 2019/03/12 |
| Last earnings filing: | 2019/04/01 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
