Reported Earnings • Apr 19
Full year 2025 earnings released: EPS: US$0.029 (vs US$0.027 in FY 2024) Full year 2025 results: EPS: US$0.029 (up from US$0.027 in FY 2024). Revenue: US$229.0m (down 17% from FY 2024). Net income: US$3.04m (up 5.3% from FY 2024). Profit margin: 1.3% (up from 1.0% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Declared Dividend • Apr 17
Dividend of S$0.005 announced Shareholders will receive a dividend of S$0.005. Ex-date: 14th May 2026 Payment date: 28th May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 32%. Announcement • Apr 16
A-Sonic Aerospace Limited, Annual General Meeting, Apr 30, 2026 A-Sonic Aerospace Limited, Annual General Meeting, Apr 30, 2026, at 13:00 Singapore Standard Time. Location: tower club, 9 raffles place, 62nd floor, republic plaza 1, singapore 048619, Singapore New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (S$52.4m market cap, or US$41.4m). Announcement • Feb 02
A-Sonic Aerospace Limited to Report Fiscal Year 2025 Results on Feb 27, 2026 A-Sonic Aerospace Limited announced that they will report fiscal year 2025 results After-Market on Feb 27, 2026 Reported Earnings • Aug 18
First half 2025 earnings released: EPS: US$0.004 (vs US$0.006 in 1H 2024) First half 2025 results: EPS: US$0.004 (down from US$0.006 in 1H 2024). Revenue: US$112.0m (down 7.4% from 1H 2024). Net income: US$435.0k (down 33% from 1H 2024). Profit margin: 0.4% (down from 0.5% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (S$33.3m market cap, or US$26.0m). Announcement • May 23
A-Sonic Aerospace Limited Approves Final One-Tier Tax Exempt Dividend for the Year Ended 31 December 2024 A-Sonic Aerospace Limited at its AGM held on 25 April 2025 final one-tier tax exempt dividend of SGD 0.005 per share for the year ended 31 December 2024 be approved. Declared Dividend • Apr 14
Dividend increased to S$0.005 Dividend of S$0.005 is 100% higher than last year. Ex-date: 15th May 2025 Payment date: 30th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.1%. Reported Earnings • Apr 12
Full year 2024 earnings released: EPS: US$0.027 (vs US$0.009 in FY 2023) Full year 2024 results: EPS: US$0.027 (up from US$0.009 in FY 2023). Revenue: US$275.9m (up 28% from FY 2023). Net income: US$2.93m (up 199% from FY 2023). Profit margin: 1.1% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: US$0.028 (vs US$0.009 in FY 2023) Full year 2024 results: EPS: US$0.028 (up from US$0.009 in FY 2023). Revenue: US$278.4m (up 29% from FY 2023). Net income: US$2.93m (up 199% from FY 2023). Profit margin: 1.1% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (S$31.8m market cap, or US$23.5m). Announcement • Mar 01
A-Sonic Aerospace Limited, Annual General Meeting, Apr 25, 2025 A-Sonic Aerospace Limited, Annual General Meeting, Apr 25, 2025. New Risk • Jan 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (S$33.6m market cap, or US$24.6m). New Risk • Aug 28
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (S$30.9m market cap, or US$23.7m). Announcement • Apr 27
A-Sonic Aerospace Limited Approves to Declare A Final One-Tier Tax Exempt Dividend A-Sonic Aerospace Limited at the Annual General Meeting held on 26 April 2024, approved to declare a final one-tier tax exempt dividend of 0.25 Singapore cent per share. Declared Dividend • Apr 13
Dividend of S$0.0025 announced Shareholders will receive a dividend of S$0.0025. Ex-date: 9th May 2024 Payment date: 30th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 3.1%. Announcement • Apr 12
A-Sonic Aerospace Limited, Annual General Meeting, Apr 26, 2024 A-Sonic Aerospace Limited, Annual General Meeting, Apr 26, 2024, at 15:00 Singapore Standard Time. Location: t MND Auditorium, 9 Maxwell Road, Annexe A, MND Complex Singapore Singapore Agenda: To consider the financial statements of the Company for the year ended 31 December 2023 together with the directors’ statement and auditors’ report thereon; to consider declare a final one-tier tax exempt dividend of 0.25 Singapore cent per share for the financial year ended 31 December 2023; to consider approve directors’ fees; to consider and re-elect the directors; and to consider other business matters. Announcement • Feb 29
A-Sonic Aerospace Limited Announces Change of Company Secretary A-Sonic Aerospace Limited announced that Ms. Grace CP Chan ceases to be a joint Company Secretary on 29 February 2024, and Ms. Nor Hafiza Alwi will be appointed a joint Company Secretary of the Company with effect from 1 March 2024. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: US$0.009 (vs US$0.046 in FY 2022) Full year 2023 results: EPS: US$0.009 (down from US$0.046 in FY 2022). Revenue: US$218.5m (down 42% from FY 2022). Net income: US$983.0k (down 80% from FY 2022). Profit margin: 0.4% (down from 1.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Dec 28
A-Sonic Aerospace Limited Announces Cessation of Directors The Board of Directors of A-Sonic Aerospace Limited announce that Mr. Yam Mow Lam and Dr Wang Kai Yuen, each of whom has served on the Board for more than nine (9) years, will cease to be Independent Directors on 28 December 2023 in compliance with SGX Listing Rules. The Board acknowledges the invaluable contributions and achievements of Mr. Yam Mow Lam and Dr Wang Kai Yuen, during their tenure and association with the Company. In view of the above, the composition of the Board of Directors effective on 29 December 2023 will be as follows: Audit and Risk Management Committee: Mr. Leonard Ong Chee Hein: Chairman, Mr. Gurbachan Singh: Member, Mr. Lim Soon Hock: Member, Nominating Committee: Mr. Gurbachan Singh: Chairman, Ms Janet LC Tan: Member, Mr. Leonard Ong Chee Hein: Member. Remuneration Committee: Mr. Gurbachan Singh: Chairman, Mr. Leonard Ong Chee Hein: Member, Mr. Lim Soon Hock: Member. Mr. Gurbachan Singh will continue to remain as the Company's Lead Independent Director. Reported Earnings • Aug 13
First half 2023 earnings released: EPS: US$0.008 (vs US$0.038 in 1H 2022) First half 2023 results: EPS: US$0.008 (down from US$0.038 in 1H 2022). Revenue: US$110.8m (down 50% from 1H 2022). Net income: US$808.0k (down 80% from 1H 2022). Profit margin: 0.7% (down from 1.8% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: US$0.046 (vs US$0.07 in FY 2021) Full year 2022 results: EPS: US$0.046 (down from US$0.07 in FY 2021). Revenue: US$378.8m (down 18% from FY 2021). Net income: US$4.88m (down 26% from FY 2021). Profit margin: 1.3% (down from 1.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Apr 13
Co-Founder recently bought S$80k worth of stock On the 12th of April, L. C. Tan bought around 159k shares on-market at roughly S$0.51 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth S$124k. L. C. has been a buyer over the last 12 months, purchasing a net total of S$867k worth in shares. Recent Insider Transactions • Mar 03
Co-Founder recently bought S$124k worth of stock On the 1st of March, L. C. Tan bought around 208k shares on-market at roughly S$0.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. L. C. has been a buyer over the last 12 months, purchasing a net total of S$826k worth in shares. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: US$0.064 (vs US$0.091 in FY 2021) Full year 2022 results: EPS: US$0.064 (down from US$0.091 in FY 2021). Revenue: US$380.0m (down 17% from FY 2021). Net income: US$4.88m (down 26% from FY 2021). Profit margin: 1.3% (down from 1.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 07
Co-Founder recently bought S$67k worth of stock On the 5th of September, L. C. Tan bought around 98k shares on-market at roughly S$0.68 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth S$72k. L. C. has been a buyer over the last 12 months, purchasing a net total of S$517k worth in shares. Announcement • Aug 11
A-Sonic Aerospace Limited Omits Dividend for the First Six Months of 2022 A-Sonic Aerospace Limited announced that no dividend has been declared in the current financial period for the first six (6) months of 2022. (previous corresponding period: 0.5 Singapore cent per ordinary share). Reported Earnings • Aug 11
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$3.24m from profit in 1H 2021). Profit margin: (down from 1.7% in 1H 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jul 05
Co-Founder recently bought S$72k worth of stock On the 4th of July, L. C. Tan bought around 104k shares on-market at roughly S$0.69 per share. This was the largest purchase by an insider in the last 3 months. L. C. has been a buyer over the last 12 months, purchasing a net total of S$376k worth in shares. Upcoming Dividend • May 02
Upcoming dividend of S$0.053 per share Eligible shareholders must have bought the stock before 09 May 2022. Payment date: 25 May 2022. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Singaporean dividend payers (5.8%). Lower than average of industry peers (1.8%). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Gurbachan Singh was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 14
Full year 2021 earnings released: EPS: US$0.11 (vs US$0.11 in FY 2020) Full year 2021 results: EPS: US$0.11 (up from US$0.11 in FY 2020). Revenue: US$459.6m (up 75% from FY 2020). Net income: US$6.62m (up 4.6% from FY 2020). Profit margin: 1.4% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 47% per year. Recent Insider Transactions • Mar 06
Co-Founder recently bought S$75k worth of stock On the 4th of March, L. C. Tan bought around 130k shares on-market at roughly S$0.58 per share. This was the largest purchase by an insider in the last 3 months. L. C. has been a buyer over the last 12 months, purchasing a net total of S$507k worth in shares. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.11 (up from US$0.11 in FY 2020). Revenue: US$461.1m (up 75% from FY 2020). Net income: US$6.62m (up 4.6% from FY 2020). Profit margin: 1.4% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year. Announcement • Feb 27
A-Sonic Aerospace Limited, Annual General Meeting, Apr 28, 2022 A-Sonic Aerospace Limited, Annual General Meeting, Apr 28, 2022. Agenda: To consider dividend payment. Recent Insider Transactions Derivative • Jan 25
Co-Founder exercised options to buy S$4.9m worth of stock. On the 21st of January, L. C. Tan exercised options to buy 8m shares at a strike price of around S$0.08, costing a total of S$676k. This transaction amounted to 25% of their direct individual holding at the time of the trade. Since March 2021, L. C.'s direct individual holding has decreased from 32.01m shares to . Company insiders have collectively bought S$1.3m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Aug 18
First half 2021 earnings released: EPS US$0.056 (vs US$0.083 in 1H 2020) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: US$192.6m (up 62% from 1H 2020). Net income: US$3.24m (down 33% from 1H 2020). Profit margin: 1.7% (down from 4.1% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
A-Sonic Aerospace Limited Declares the First and Final One-Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2020, Payable on 25 May 2021 A-Sonic Aerospace Limited announced that at its AGM held on April 27, 2021, the shareholders declared the first and final one-tier tax exempt dividend of 0.375 Singapore cents per share for the financial year ended 31 December 2020. The Board of Directors announced that the Final Dividend will be paid on 25 May 2021. Notice is hereby given that the transfer books and register of members of the Company will be closed on 3 May 2021 for the purpose of determining members' entitlements to the Final Dividend for every ordinary share held. Recent Insider Transactions • Apr 24
Co-Founder recently bought S$82k worth of stock On the 23rd of April, L. C. Tan bought around 134k shares on-market at roughly S$0.62 per share. In the last 3 months, they made an even bigger purchase worth S$86k. L. C. has been a buyer over the last 12 months, purchasing a net total of S$231k worth in shares. Recent Insider Transactions • Mar 17
Co-Founder recently bought S$86k worth of stock On the 16th of March, L. C. Tan bought around 179k shares on-market at roughly S$0.48 per share. This was the largest purchase by an insider in the last 3 months. L. C. has been a buyer over the last 12 months, purchasing a net total of S$127k worth in shares. Announcement • Mar 02
A-Sonic Aerospace Limited, Annual General Meeting, Apr 27, 2021 A-Sonic Aerospace Limited, Annual General Meeting, Apr 27, 2021. Agenda: To consider the first and final one-tier tax exempt dividends of 0.375 Singapore cents per share for the financial year ended 31 December 2020. Reported Earnings • Mar 02
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$269.8m (up 31% from FY 2019). Net income: US$6.33m (up 150% from FY 2019). Profit margin: 2.3% (up from 1.2% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Mar 02
New 90-day high: S$0.42 The company is up 29% from its price of S$0.33 on 01 December 2020. The Singaporean market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 2.0% over the same period. Is New 90 Day High Low • Feb 10
New 90-day high: S$0.35 The company is up 16% from its price of S$0.30 on 12 November 2020. The Singaporean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 12% over the same period. Is New 90 Day High Low • Jan 22
New 90-day high: S$0.34 The company is up 1.0% from its price of S$0.34 on 22 October 2020. The Singaporean market is up 27% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 18% over the same period. Announcement • Jul 31
An unknown buyer completed the acquisition of 40% stake in Silver Express International Limited from A-Sonic Aerospace Limited (SGX:BTJ). An undisclosed buyer entered into a Memorandum of Understanding to acquire 40% stake in Silver Express International Limited from A-Sonic Aerospace Limited (SGX:BTJ) for HKD 30 million on October 26, 2019. A-Sonic Aerospace Limited will sell 80,000 shares. After the Proposed Transaction, A-Sonic will not own any direct or indirect interest in Silver Express International Limited. Transaction is subject to approval from shareholders of A-Sonic Aerospace Limited and share purchase agreement. The single majority controlling shareholder of A-Sonic who has an aggregate direct and deemed equity interest of 53.75% as at the date of this Announcement, has given a written undertaking to vote in favour of the proposed transaction. It is the intention of the Directors of A-Sonic to deploy the proceeds from the sale shares to fund the A-Sonic Group’s working capital, and/or to reduce the A-Sonic Group’s bank borrowings, pending the deployment of the fund, during which time, the fund will be deposited in the bank.
An unknown buyer completed the acquisition of 40% stake in Silver Express International Limited from A-Sonic Aerospace Limited (SGX:BTJ) on March 5, 2020.