Catalist:42E

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Choo Chiang Holdings

Executive Summary

Choo Chiang Holdings Ltd., an investment holding company, engages in the retail and distribution of electrical products and accessories in Singapore. More Details


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.

Share Price & News

How has Choo Chiang 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 42E's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine 42E's volatility change over the past year.


Market Performance


7 Day Return

0%

42E

4.9%

SG Specialty Retail

1.4%

SG Market


1 Year Return

-12.0%

42E

12.9%

SG Specialty Retail

-3.9%

SG Market

Return vs Industry: 42E underperformed the SG Specialty Retail industry which returned 12.9% over the past year.

Return vs Market: 42E underperformed the SG Market which returned -3.9% over the past year.


Shareholder returns

42EIndustryMarket
7 Day0%4.9%1.4%
30 Day-8.3%5.8%-0.8%
90 Day-2.2%11.9%4.2%
1 Year-7.9%-12.0%18.5%12.9%1.2%-3.9%
3 Year-22.4%-31.3%17.2%3.9%-8.2%-19.5%
5 Year-29.0%-39.7%-6.4%-18.7%14.9%-6.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Choo Chiang Holdings undervalued compared to its fair value and its price relative to the market?

15.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 42E (SGD0.22) is trading above our estimate of fair value (SGD0.07)

Significantly Below Fair Value: 42E is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 42E is poor value based on its PE Ratio (15.5x) compared to the SG Specialty Retail industry average (10.3x).

PE vs Market: 42E is poor value based on its PE Ratio (15.5x) compared to the SG market (14.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 42E's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 42E's PB Ratio (1x) is in line with the SG Specialty Retail industry average.


Next Steps

Future Growth

How is Choo Chiang Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.6%

Forecasted Retail 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 Choo Chiang 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 Choo Chiang Holdings performed over the past 5 years?

-3.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 42E has high quality earnings.

Growing Profit Margin: 42E's current net profit margins (5.6%) are lower than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: 42E's earnings have declined by 3.2% per year over the past 5 years.

Accelerating Growth: 42E's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 42E had negative earnings growth (-41.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (-4.9%).


Return on Equity

High ROE: 42E's Return on Equity (6.2%) is considered low.


Next Steps

Financial Health

How is Choo Chiang Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 42E's short term assets (SGD38.0M) exceed its short term liabilities (SGD11.1M).

Long Term Liabilities: 42E's short term assets (SGD38.0M) exceed its long term liabilities (SGD3.0M).


Debt to Equity History and Analysis

Debt Level: 42E is debt free.

Reducing Debt: 42E has no debt compared to 5 years ago when its debt to equity ratio was 21.3%.

Debt Coverage: 42E has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 42E has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Choo Chiang Holdings's current dividend yield, its reliability and sustainability?

2.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 42E's dividend (2.73%) is higher than the bottom 25% of dividend payers in the SG market (1.99%).

High Dividend: 42E's dividend (2.73%) is low compared to the top 25% of dividend payers in the SG market (4.92%).


Stability and Growth of Payments

Stable Dividend: 42E has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 42E has only been paying a dividend for 5 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.7%), 42E's dividend payments are well 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

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Thomas Lim (64 yo)

6.42yrs

Tenure

Mr. Teck Chuan Lim, also known as Thomas, has been the Executive Chairman and Chief Executive Officer of Choo Chiang Holdings Ltd. since September 5, 2014. Mr. Lim is responsible for the overall management...


Leadership Team

NamePositionTenureCompensationOwnership
Teck Lim
CEO & Executive Chairman6.42yrsno datano data
Lin Fu
CFO & Company Secretary4yrsno data0.36%
SGD 166.5k
Josephine Tay
Administrative Manager29.83yrsno datano data
Ann Chye Tay
Head of Sales (Retail)1yrno datano data
Lim Seng
Executive Director6.42yrsno data7.13%
SGD 3.3m
Kar Yeoh
Company Secretaryno datano datano data

5.2yrs

Average Tenure

50yo

Average Age

Experienced Management: 42E's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Teck Lim
CEO & Executive Chairman6.42yrsno datano data
Lim Seng
Executive Director6.42yrsno data7.13%
SGD 3.3m
Kian Hin Sho
Independent Director2.25yrsno datano data
Soon Liang Tan
Independent Director2.5yrsno datano data
Teck Chai Lim
Lead Independent Director2.25yrsno data0.063%
SGD 28.6k

2.5yrs

Average Tenure

50yo

Average Age

Experienced Board: 42E's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

Choo Chiang Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Choo Chiang Holdings Ltd.
  • Ticker: 42E
  • Exchange: Catalist
  • Founded: 2014
  • Industry: Home Improvement Retail
  • Sector: Retail
  • Market Cap: S$45.732m
  • Shares outstanding: 207.87m
  • Website: https://www.ccm.sg

Number of Employees


Location

  • Choo Chiang Holdings Ltd.
  • 10 Woodlands Loop
  • Singapore
  • 738388
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
42ECatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJul 2015

Biography

Choo Chiang Holdings Ltd., an investment holding company, engages in the retail and distribution of electrical products and accessories in Singapore. It operates through two segments, Distribution Business...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 11:07
End of Day Share Price2021/02/02 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.