SGX:BTJ

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Executive Summary

A-Sonic Aerospace Limited, an investment holding company, operates in the aviation and logistics businesses in Asia, North America, Sub-Continent India, and Europe. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has A-Sonic Aerospace's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BTJ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.0%

BTJ

1.9%

SG Logistics

-0.09%

SG Market


1 Year Return

65.9%

BTJ

-27.9%

SG Logistics

-21.9%

SG Market

Return vs Industry: BTJ exceeded the SG Logistics industry which returned -27.9% over the past year.

Return vs Market: BTJ exceeded the SG Market which returned -21.9% over the past year.


Shareholder returns

BTJIndustryMarket
7 Day3.0%1.9%-0.09%
30 Day11.5%6.5%1.8%
90 Day36.0%-7.5%-1.8%
1 Year75.9%65.9%-26.5%-27.9%-17.6%-21.9%
3 Year88.8%78.0%-42.0%-45.8%-20.1%-29.8%
5 Year-48.9%-51.8%-7.6%-16.3%-5.0%-22.3%

Price Volatility Vs. Market

How volatile is A-Sonic Aerospace's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is A-Sonic Aerospace undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BTJ (SGD0.34) is trading below our estimate of fair value (SGD4.69)

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


Price To Earnings Ratio

PE vs Industry: BTJ is good value based on its PE Ratio (2.2x) compared to the XA Logistics industry average (19.9x).

PE vs Market: BTJ is good value based on its PE Ratio (2.2x) compared to the SG market (13.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BTJ is good value based on its PB Ratio (0.4x) compared to the SG Logistics industry average (0.8x).


Next Steps

Future Growth

How is A-Sonic Aerospace forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.0%

Forecasted Transportation 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 A-Sonic Aerospace 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 A-Sonic Aerospace performed over the past 5 years?

69.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BTJ has a large one-off gain of $2.8M impacting its June 30 2020 financial results.

Growing Profit Margin: BTJ's current net profit margins (2.9%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: BTJ has become profitable over the past 5 years, growing earnings by 69.4% per year.

Accelerating Growth: BTJ's earnings growth over the past year (309.1%) exceeds its 5-year average (69.4% per year).

Earnings vs Industry: BTJ earnings growth over the past year (309.1%) exceeded the Logistics industry 1.1%.


Return on Equity

High ROE: BTJ's Return on Equity (24.4%) is considered high.


Next Steps

Financial Health

How is A-Sonic Aerospace's financial position?


Financial Position Analysis

Short Term Liabilities: BTJ's short term assets ($59.8M) exceed its short term liabilities ($34.7M).

Long Term Liabilities: BTJ's short term assets ($59.8M) exceed its long term liabilities ($511.0K).


Debt to Equity History and Analysis

Debt Level: BTJ's debt to equity ratio (5.3%) is considered satisfactory.

Reducing Debt: BTJ's debt to equity ratio has reduced from 22% to 5.3% over the past 5 years.

Debt Coverage: BTJ's debt is well covered by operating cash flow (443.6%).

Interest Coverage: BTJ earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is A-Sonic Aerospace current dividend yield, its reliability and sustainability?

2.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BTJ's dividend (2.9%) is higher than the bottom 25% of dividend payers in the SG market (2.54%).

High Dividend: BTJ's dividend (2.9%) is low compared to the top 25% of dividend payers in the SG market (5.36%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.6%), BTJ'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

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

16.8yrs

Average board tenure


CEO

Janet Tan (59 yo)

no data

Tenure

Ms. L. C. Tan, also known as Janet, founded A-Sonic Aerospace Limited in February 1996 and serves as its Chairman and Chief Executive Officer and has been its Director since March 3, 2003. Ms. Tan is also ...


Board Members

NamePositionTenureCompensationOwnership
L. C. Tan
Co-Founderno datano data54.28%
$ 10.8m
Lay Yong Tan
Co-Founder17.58yrsno data0.62%
$ 122.4k
Gek Lim Tay
Executive Director16.42yrsno data0.83%
$ 164.2k
Gurbachan Singh
Independent Non-Executive Director4.5yrsno datano data
Thian Chee Choh
Lead Independent Non-Executive Directorno datano data0.013%
$ 2.6k
Mow Lam Yam
Independent Non-Executive Director17.25yrsno data0.041%
$ 8.1k

16.8yrs

Average Tenure

59yo

Average Age

Experienced Board: BTJ's board of directors are seasoned and experienced ( 16.8 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

A-Sonic Aerospace Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: A-Sonic Aerospace Limited
  • Ticker: BTJ
  • Exchange: SGX
  • Founded: 2003
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: S$19.883m
  • Shares outstanding: 58.48m
  • Website: https://www.asonic-aerospace.com

Number of Employees


Location

  • A-Sonic Aerospace Limited
  • No. 24-07 International Plaza
  • 10 Anson Road
  • Singapore
  • 79903
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BTJSGX (Singapore Exchange)YesOrdinary SharesSGSGDSep 2003
ASNC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 2003

Biography

A-Sonic Aerospace Limited, an investment holding company, operates in the aviation and logistics businesses in Asia, North America, Sub-Continent India, and Europe. It operates in two segments, Aviation an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 12:56
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.