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SGLY

Singularity Future Technology NasdaqCM:SGLY Stock Report

Last Price

US$2.62

Market Cap

US$57.6m

7D

-12.1%

1Y

14.4%

Updated

29 Sep, 2022

Data

Company Financials
SGLY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

SGLY Stock Overview

Singularity Future Technology Ltd. develops solutions for interconnected AI networks in the revolutionized AI and Blockchain suppl management area and establishes crypto mining pools.

Singularity Future Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Singularity Future Technology
Historical stock prices
Current Share PriceUS$2.62
52 Week HighUS$19.86
52 Week LowUS$2.09
Beta1.08
1 Month Change-16.56%
3 Month Change-15.48%
1 Year Change14.41%
3 Year Change-22.95%
5 Year Change-81.81%
Change since IPO-96.25%

Recent News & Updates

Mar 29

Singularity Looks Overvalued Based On Fundamentals And Its Partners Are In Trouble

The company is pivoting to Bitcoin mining machines through a JV with a Highsharp, and the JV recently got a $200 million order from SOS. However, Highsharp is being sued over patent infringement while SOS was targeted by short sellers in 2021 and recently received a subpoena from the SEC. There is no information about Thor’s margins and I have doubts the SOS order will be completed. Considering Singularity is valued at over $250 million as of the time of writing, I think this could be a good moment to open a small short position paired with call options.

Shareholder Returns

SGLYUS InfrastructureUS Market
7D-12.1%-2.4%-3.1%
1Y14.4%-10.5%-21.5%

Return vs Industry: SGLY exceeded the US Infrastructure industry which returned -9.1% over the past year.

Return vs Market: SGLY exceeded the US Market which returned -20.3% over the past year.

Price Volatility

Is SGLY's price volatile compared to industry and market?
SGLY volatility
SGLY Average Weekly Movement10.4%
Infrastructure Industry Average Movement6.0%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: SGLY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: SGLY's weekly volatility has decreased from 19% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200143Lei Caohttps://www.sino-global.com

Singularity Future Technology Ltd. develops solutions for interconnected AI networks in the revolutionized AI and Blockchain suppl management area and establishes crypto mining pools. The company also operates as logistics and ship management services company. It serves customers worldwide with its shipping logistics and agency needs.

Singularity Future Technology Fundamentals Summary

How do Singularity Future Technology's earnings and revenue compare to its market cap?
SGLY fundamental statistics
Market CapUS$57.59m
Earnings (TTM)-US$16.69m
Revenue (TTM)US$4.97m

11.6x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SGLY income statement (TTM)
RevenueUS$4.97m
Cost of RevenueUS$4.84m
Gross ProfitUS$125.47k
Other ExpensesUS$16.82m
Earnings-US$16.69m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.76
Gross Margin2.53%
Net Profit Margin-336.05%
Debt/Equity Ratio20.5%

How did SGLY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SGLY 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/Revenue3.3x
Enterprise Value/EBITDA-1.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SGLY's PS Ratio compare to its peers?

SGLY PS Ratio vs Peers
The above table shows the PS ratio for SGLY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.8x
BEST BEST
0.04xn/aUS$53.4m
MESA Mesa Air Group
0.1x12.2%US$61.7m
AIRT Air T
0.3xn/aUS$51.9m
YGMZ MingZhu Logistics Holdings
2.6xn/aUS$45.5m
SGLY Singularity Future Technology
11.6xn/aUS$57.6m

Price-To-Sales vs Peers: SGLY is expensive based on its Price-To-Sales Ratio (11.6x) compared to the peer average (0.8x).


Price to Earnings Ratio vs Industry

How does SGLY's PE Ratio compare vs other companies in the Global Infrastructure Industry?

Price-To-Sales vs Industry: SGLY is expensive based on its Price-To-Sales Ratio (11.6x) compared to the Global Infrastructure industry average (2.1x)


Price to Sales Ratio vs Fair Ratio

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

SGLY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio11.6x
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate SGLY's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SGLY's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Singularity Future Technology 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


32.6%

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 Singularity Future Technology 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

Past Performance

How has Singularity Future Technology performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-58.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SGLY is currently unprofitable.

Growing Profit Margin: SGLY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SGLY is unprofitable, and losses have increased over the past 5 years at a rate of 58.3% per year.

Accelerating Growth: Unable to compare SGLY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SGLY is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (6.5%).


Return on Equity

High ROE: SGLY has a negative Return on Equity (-34.36%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Singularity Future Technology's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SGLY's short term assets ($57.5M) exceed its short term liabilities ($5.4M).

Long Term Liabilities: SGLY's short term assets ($57.5M) exceed its long term liabilities ($11.0M).


Debt to Equity History and Analysis

Debt Level: SGLY has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SGLY's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SGLY has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SGLY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 36.5% each year


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Dividend

What is Singularity Future Technology current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Singularity Future Technology Dividend Yield vs Market
How does Singularity Future Technology dividend yield compare to the market?
SegmentDividend Yield
Company (Singularity Future Technology)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Infrastructure)4.0%
Analyst forecast in 3 Years (Singularity Future Technology)n/a

Notable Dividend: Unable to evaluate SGLY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SGLY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SGLY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SGLY's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SGLY has not reported any payouts.


Discover strong dividend paying companies

Management

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

5.3yrs

Average management tenure


CEO

Lei Cao (58 yo)

21.67yrs

Tenure

US$2,447,000

Compensation

Mr. Lei Cao Founded Singularity Future Technology Ltd. (formerly known as Sino-Global Shipping America, Ltd.) in 2001 and had been its Chief Executive Officer since 2001 until November 1, 2021, serves as i...


CEO Compensation Analysis

Lei Cao's Compensation vs Singularity Future Technology Earnings
How has Lei Cao's remuneration changed compared to Singularity Future Technology's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2021n/an/a

-US$17m

Sep 30 2021n/an/a

-US$9m

Jun 30 2021US$2mUS$425k

-US$7m

Mar 31 2021n/an/a

-US$16m

Dec 31 2020n/an/a

-US$16m

Sep 30 2020n/an/a

-US$16m

Jun 30 2020US$135kUS$135k

-US$16m

Mar 31 2020n/an/a

-US$8m

Dec 31 2019n/an/a

-US$6m

Sep 30 2019n/an/a

-US$7m

Jun 30 2019US$488kUS$180k

-US$7m

Mar 31 2019n/an/a

-US$5m

Dec 31 2018n/an/a

-US$3m

Sep 30 2018n/an/a

-US$1m

Jun 30 2018US$525kUS$180k

US$459k

Mar 31 2018n/an/a

US$2m

Dec 31 2017n/an/a

US$3m

Sep 30 2017n/an/a

US$4m

Jun 30 2017US$180kUS$180k

US$4m

Mar 31 2017n/an/a

US$3m

Dec 31 2016n/an/a

US$888k

Sep 30 2016n/an/a

-US$2m

Jun 30 2016US$339kUS$180k

-US$2m

Compensation vs Market: Lei's total compensation ($USD2.45M) is above average for companies of similar size in the US market ($USD770.27K).

Compensation vs Earnings: Lei's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SGLY's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: SGLY's board of directors are considered experienced (5.3 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

What is the ownership structure of SGLY?
Owner TypeNumber of SharesOwnership Percentage
Institutions260,0021.2%
Individual Insiders2,476,80811.3%
General Public19,243,52387.5%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.1%.


Top Shareholders

Top 25 shareholders own 12.45% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
4.48%
Lei Cao
985,008$2.6m0%no data
1.36%
Yang Jie
300,000$786.0k0%no data
1.27%
Lei Nie
279,000$731.0k0%no data
1.13%
Zhikang Huang
248,000$649.8k0%no data
1.09%
Tuo Pan
239,000$626.2k0%no data
0.66%
Jing Wang
146,000$382.5k0%no data
0.45%
Shi Qiu
100,000$262.0k0%no data
0.45%
Jing Shan
100,000$262.0k0%no data
0.32%
Renaissance Technologies LLC
69,524$182.2k0%no data
0.16%
Tieliang Liu
36,000$94.3k0%no data
0.16%
Virtu Financial LLC, Asset Management Arm
35,259$92.4k0%0.01%
0.13%
Two Sigma Investments, LP
28,247$74.0k0%no data
0.11%
Yafei Li
23,800$62.4k0%no data
0.11%
Penserra Capital Management LLC
23,356$61.2k12%no data
0.091%
Xiaohuan Huang
20,000$52.4k0%no data
0.089%
Goldman Sachs Group, Investment Banking and Securities Investments
19,638$51.5k0%no data
0.075%
Citadel Advisors LLC
16,449$43.1k0%no data
0.073%
HighTower Advisors, LLC
16,000$41.9k0%no data
0.064%
Susquehanna Fundamental Investments, LLC
14,136$37.0k0%no data
0.051%
Geode Capital Management, LLC
11,251$29.5k0%no data
0.045%
Millennium Management LLC
10,000$26.2k0%no data
0.023%
Cutler Group LP, Asset Management Arm
5,030$13.2k0%no data
0.019%
Morgan Stanley, Investment Banking and Brokerage Investments
4,072$10.7k431.59%no data
0.018%
Tower Research Capital LLC
3,927$10.3k1196.04%no data
0.013%
Simplex Trading, LLC, Asset Management Arm
2,928$7.7k0%no data

Company Information

Singularity Future Technology Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Singularity Future Technology Ltd.
  • Ticker: SGLY
  • Exchange: NasdaqCM
  • Founded: 2001
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Implied Market Cap: US$57.588m
  • Shares outstanding: 21.98m
  • Website: https://www.sino-global.com

Number of Employees


Location

  • Singularity Future Technology Ltd.
  • 98 Cutter Mill Road
  • Suite 322
  • Great Neck
  • New York
  • 11021
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SGLYNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMay 2008
4GSNDB (Deutsche Boerse AG)YesCommon StockDEEURMay 2008
SGLYETLX (Eurotlx)YesCommon StockITEURMay 2008

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 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.