Board Change • Jul 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Joanne Khoo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 01
JE Cleantech Holdings Limited announced delayed 20-F filing On 04/30/2026, JE Cleantech Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Jan 06
Je Cleantech Holdings Limited Announces Declaration of Cash Dividend, Payable on or Around January 28, 2026 JE Cleantech Holdings Limited announced that its Board of Directors approved a cash dividend of $0.44 per ordinary share following the recent completion of the sale of its leasehold industrial property located at 17 Woodlands Sector 1 Singapore 738354 which gave rise to a net gain of approximately $2.85 million over the net book value. The dividend is payable to shareholders of record at the close of business on January 21, 2026. The payment date is expected to be on or around January 28, 2026. Announcement • Nov 20
JE Cleantech Holdings Limited, Annual General Meeting, Nov 18, 2025 JE Cleantech Holdings Limited, Annual General Meeting, Nov 18, 2025, at 10:00 Singapore Standard Time. Location: 3 woodlands sector 1, singapore 738361, Singapore Announcement • May 01
JE Cleantech Holdings Limited announced delayed 20-F filing On 04/30/2025, JE Cleantech Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Nov 29
JE Cleantech Holdings Limited Announces Declaration of Cash Dividend, Payable on or Around December 20, 2024 JE Cleantech Holdings Limited announced that its Board of Directors approved a cash dividend of $0.09 per ordinary share. The dividend is payable to shareholders of record at the close of business on December 10, 2024 (New York Time). The payment date is expected to be on or around December 20, 2024. Announcement • Aug 30
JE Cleantech Holdings Regains Compliance with the Bid Price Requirement to Continue Listing on Nasdaq JE Cleantech Holdings Limited announced that on August 27, 2024, it received a letter (the ‘Compliance Letter’) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’). The Compliance Letter informed the Company that it had regained compliance with Nasdaq’s bid price requirement (the ‘Bid Price Requirement’) in Listing Rule 5550(a)(2), as required by the Hearing Panel’s (the ‘Panel’) decision dated July 15, 2024. Accordingly, the Company’s common stock will continue to be listed on The Nasdaq Capital Market and Nasdaq considers the matter closed. ‘We are pleased that the Company has regained compliance with the Bid Price Requirement because we recognize the value to our shareholders of the Nasdaq listing and intend to continue to meet the Bid Price Requirement,’ stated Ms. HONG Bee Yin, Chief Executive Officer and Founder of JE Cleantech. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to US$1.02, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 22x in the Machinery industry in the US. Total loss to shareholders of 34% over the past year. Buy Or Sell Opportunity • Jul 16
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at US$0.73. The fair value is estimated to be US$0.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 49%. Announcement • May 31
JE Cleantech Holdings Limited has withdrawn its Follow-on Equity Offering in the amount of $10.8 million. JE Cleantech Holdings Limited has withdrawn its Follow-on Equity Offering in the amount of $10.8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: $0.54
Security Name: Class A Warrants
Security Type: Equity Warrant
Securities Offered: 10,000,000
Price\Range: $0.54 New Risk • May 31
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 24% 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 Risks Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (US$6.51m market cap). Minor Risks Share price has been volatile over the past 3 months (24% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 74% After last week's 74% share price gain to US$1.22, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 22x in the Machinery industry in the US. Total loss to shareholders of 34% over the past year. Buy Or Sell Opportunity • May 28
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 2.6% to US$0.77. The fair value is estimated to be US$0.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 49%. Buy Or Sell Opportunity • May 09
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at US$0.72. The fair value is estimated to be US$0.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 49%. Reported Earnings • May 02
Full year 2023 earnings released: EPS: S$0.10 (vs S$0.25 in FY 2022) Full year 2023 results: EPS: S$0.10 (down from S$0.25 in FY 2022). Revenue: S$18.0m (down 3.2% from FY 2022). Net income: S$519.0k (down 56% from FY 2022). Profit margin: 2.9% (down from 6.4% in FY 2022). New Risk • May 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 6.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (US$3.66m market cap). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). New Risk • Apr 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Risks Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (US$3.54m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Announcement • Dec 06
JE Cleantech Holdings Limited Announces Directors Appointments JE Cleantech Holdings Limited announced that at its AGM held on December 5, 2023, approved the appointment of Gerald as members of the Board of Directors to serve for the upcoming year. Announcement • Nov 02
JE Cleantech Holdings Regains Compliance with Nasdaq Minimum Bid Price Requirement JE Cleantech Holdings Limited announced that it has received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum bid price requirement under the Nasdaq Listing Rule 5550 (a)(2) for continued listing on The Nasdaq Capital market. The Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum closing bid price of $1.00 per share for at least 10 consecutive business days. To regain compliance, the Company initiated a 1-for-3 Share Consolidation so that each outstanding ordinary share became 1 share ("Reverse Stock Split"), and the total number of authorized Ordinary Shares was reduced from 15,020,000 to 5,006,666 and the par value per share increased from $0.001 to S$0.003. Following the Reverse Stock Split, the daily closing bid price of the Company's ordinary shares remained above $1.00 per share for ten consecutive business days from October 16, 2023 to October 27, 2023. Consequently, the Company is now in compliance with all applicable Nasdaq listing standards and the prior bid price deficiency matter is now closed. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$1.26, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 20x in the Machinery industry in the US. Total loss to shareholders of 50% over the past year. Announcement • Oct 16
JE Cleantech Holdings Limited Announces Share Consolidation/Reverse Stock Split to Regain NASDAQ Compliance JE Cleantech Holdings Limited announced that it will effect a share consolidation (reverse stock split) of its ordinary shares at a ratio of 1-for-3, effective as of 11:59 pm on October 13, 2023 (the effective time), in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Marketplace Rule 5450(a)(1). The company's ordinary shares are expected to begin trading on a reverse stock split adjusted basis on Nasdaq as of the open of trading on October 16, 2023, under the existing ticker symbol JCSE. The company's members (stockholders) previously approved the reverse stock split and granted the company's board of directors the authority to determine the final reverse stock split ratio and when to proceed with the reverse stock split at a special meeting of stockholders held on August 29, 2023. The company will file an amendment to its memorandum and articles of association to effect the share consolidation/reverse stock split at the ratio of 1-for-3 as of the Effective Time. Reported Earnings • Oct 05
First half 2023 earnings released: EPS: S$0.019 (vs S$0.011 in 1H 2022) First half 2023 results: EPS: S$0.019 (up from S$0.011 in 1H 2022). Revenue: S$8.81m (up 23% from 1H 2022). Net income: S$279.0k (up 90% from 1H 2022). Profit margin: 3.2% (up from 2.0% in 1H 2022). The increase in margin was driven by higher revenue. Announcement • Sep 06
JE Cleantech Holdings May Effect the Reverse Stock Split to Regain Full Compliance with the Nasdaq's Share Price Listing Rule On September 5, 2023, JE Cleantech Holdings Limited announced the results of the company's extraordinary general meeting of members (the ‘Extraordinary Meeting’) held on August 29, 2023, at the extraordinary meeting, the members approved and authorized a consolidation of the company's ordinary shares (‘Reverse Stock Split’) of the company's issued ordinary shares in a range from 1 for 1.5 to 1 for 10 Ordinary Shares (the ‘Range’). The Board of Directors may elect to either: (i) effect the Reverse Stock Split; or (ii) not effect the Reverse Stock Split; within the Range at any time during the next 12 months. The company may effect the Reverse Stock Split within the Range in order to regain full compliance with the Nasdaq Stock Market LLC's (‘Nasdaq’) share price listing rule (‘Rule’). The Rule requires that the bid price for the Company's Ordinary Shares must close at $1.00 per share or more for a minimum of 10 consecutive business days during the compliance period ending October 28, 2023. A Reverse Stock Split would reduce the total number of JCSE's issued and outstanding Ordinary Shares, which is expected to result in an increase in the trading price per share. The objective of the Reverse Stock Split, if effected, will be to ensure that the Company regains full compliance with the Rule and maintains its listing on Nasdaq. Reported Earnings • May 01
Full year 2022 earnings released: EPS: S$0.085 (vs S$0 in FY 2021) Full year 2022 results: EPS: S$0.085 (up from S$0 in FY 2021). Revenue: S$18.6m (up 26% from FY 2021). Net income: S$1.19m (up S$1.19m from FY 2021). Profit margin: 6.4% (up from 0% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Bee Hong is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 06
First half 2022 earnings released: EPS: S$0.011 (vs S$0.051 in 1H 2021) First half 2022 results: EPS: S$0.011 (down from S$0.051 in 1H 2021). Revenue: S$7.20m (down 19% from 1H 2021). Net income: S$147.0k (down 76% from 1H 2021). Profit margin: 2.0% (down from 6.9% in 1H 2021). The decrease in margin was driven by lower revenue. Buying Opportunity • Jul 20
Now 73% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be US$11.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last year. Earnings per share has declined by 100%. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Bee Hong is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
JE Cleantech Holdings Limited has completed an IPO in the amount of $15 million. JE Cleantech Holdings Limited has completed an IPO in the amount of $15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,750,000
Price\Range: $4
Discount Per Security: $0.32