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C33

Chuan Hup Holdings SGX:C33 Stock Report

Last Price

S$0.22

Market Cap

S$203.6m

7D

2.3%

1Y

2.3%

Updated

01 Jul, 2022

Data

Company Financials
C33 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

C33 Stock Overview

Chuan Hup Holdings Limited, an investment holding company, engages in the electronics manufacturing business.

Chuan Hup Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chuan Hup Holdings
Historical stock prices
Current Share PriceS$0.22
52 Week HighS$0.26
52 Week LowS$0.21
Beta0.69
1 Month Change0%
3 Month Change-2.22%
1 Year Change2.33%
3 Year Change-18.52%
5 Year Change-16.98%
Change since IPO-15.38%

Recent News & Updates

Sep 04
Chuan Hup Holdings' (SGX:C33) Shareholders May Want To Dig Deeper Than Statutory Profit

Chuan Hup Holdings' (SGX:C33) Shareholders May Want To Dig Deeper Than Statutory Profit

Chuan Hup Holdings Limited's ( SGX:C33 ) healthy profit numbers didn't contain any surprises for investors. We think...

Shareholder Returns

C33SG ElectronicSG Market
7D2.3%-0.3%-0.5%
1Y2.3%-12.5%-4.1%

Return vs Industry: C33 exceeded the SG Electronic industry which returned -12.9% over the past year.

Return vs Market: C33 exceeded the SG Market which returned -3.7% over the past year.

Price Volatility

Is C33's price volatile compared to industry and market?
C33 volatility
C33 Average Weekly Movement4.0%
Electronic Industry Average Movement5.8%
Market Average Movement5.0%
10% most volatile stocks in SG Market11.3%
10% least volatile stocks in SG Market2.3%

Stable Share Price: C33 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: C33's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970n/aTerence Pehhttps://www.chuanhup.com.sg

Chuan Hup Holdings Limited, an investment holding company, engages in the electronics manufacturing business. It is also involved in the property development and investment activities. It operates in Singapore, Australia, the United States, and Europe, as well as ASEAN countries and internationally.

Chuan Hup Holdings Fundamentals Summary

How do Chuan Hup Holdings's earnings and revenue compare to its market cap?
C33 fundamental statistics
Market CapUS$146.32m
Earnings (TTM)US$3.88m
Revenue (TTM)US$23.01m

37.7x

P/E Ratio

6.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
C33 income statement (TTM)
RevenueUS$23.01m
Cost of RevenueUS$17.75m
Gross ProfitUS$5.25m
Other ExpensesUS$1.37m
EarningsUS$3.88m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0042
Gross Margin22.84%
Net Profit Margin16.87%
Debt/Equity Ratio0.0%

How did C33 perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

177%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is C33 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for C33?

Other financial metrics that can be useful for relative valuation.

C33 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.2x
Enterprise Value/EBITDA16.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does C33's PE Ratio compare to its peers?

C33 PE Ratio vs Peers
The above table shows the PE ratio for C33 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.3x
BN2 Valuetronics Holdings
11.2x7.2%S$224.8m
8AZ Aztech Global
8.4x15.7%S$633.0m
V03 Venture
14.6x7.7%S$4.8b
AWZ Multi-Chem
7xn/aS$173.9m
C33 Chuan Hup Holdings
37.7xn/aS$203.6m

Price-To-Earnings vs Peers: C33 is expensive based on its Price-To-Earnings Ratio (37.7x) compared to the peer average (10.3x).


Price to Earnings Ratio vs Industry

How does C33's PE Ratio compare vs other companies in the Asian Electronic Industry?

Price-To-Earnings vs Industry: C33 is expensive based on its Price-To-Earnings Ratio (37.7x) compared to the SG Electronic industry average (11.2x)


Price to Earnings Ratio vs Fair Ratio

What is C33's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

C33 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate C33's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of C33 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: C33 (SGD0.22) is trading below our estimate of fair value (SGD0.7)

Significantly Below Fair Value: C33 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate C33's PEG Ratio to determine if it is good value.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.0%

Forecasted Tech 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 Chuan Hup 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.


Discover growth companies

  • Examine Chuan Hup Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Chuan Hup Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Chuan Hup Holdings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: C33 has a large one-off gain of $1.5M impacting its December 31 2021 financial results.

Growing Profit Margin: C33 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: C33's earnings have declined by 27.5% per year over the past 5 years.

Accelerating Growth: C33 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: C33 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (9.9%).


Return on Equity

High ROE: C33's Return on Equity (1.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Chuan Hup Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: C33's short term assets ($104.8M) exceed its short term liabilities ($7.1M).

Long Term Liabilities: C33's short term assets ($104.8M) exceed its long term liabilities ($361.0K).


Debt to Equity History and Analysis

Debt Level: C33 is debt free.

Reducing Debt: C33 has no debt compared to 5 years ago when its debt to equity ratio was 5.1%.

Debt Coverage: C33 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: C33 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Chuan Hup Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.53%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: C33's dividend (4.53%) is higher than the bottom 25% of dividend payers in the SG market (2.25%).

High Dividend: C33's dividend (4.53%) is low compared to the top 25% of dividend payers in the SG market (6.14%).


Stability and Growth of Payments

Stable Dividend: C33's dividend payments have been volatile in the past 10 years.

Growing Dividend: C33's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (177.3%), C33's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (65.6%), C33's dividend payments are covered by cash flows.


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Management

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

11.5yrs

Average management tenure


CEO

Terence Peh (48 yo)

16.58yrs

Tenure

Mr. Siong Woon Peh, also known as Terence, B.com, M.com, serves as the Non-Executive Director of Finbar Group Ltd since April 2018. He has been the Chief Executive Officer and Executive Director of Chuan H...


Leadership Team

Experienced Management: C33's management team is seasoned and experienced (11.5 years average tenure).


Board Members

Experienced Board: C33's board of directors are seasoned and experienced ( 10.5 years average tenure).


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

Chuan Hup Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Chuan Hup Holdings Limited
  • Ticker: C33
  • Exchange: SGX
  • Founded: 1970
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Implied Market Cap: S$203.562m
  • Shares outstanding: 925.28m
  • Website: https://www.chuanhup.com.sg

Location

  • Chuan Hup Holdings Limited
  • 8 Eu Tong Sen Street
  • No. 24-90 The Central
  • Singapore
  • 59818
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/06/30 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.