New Risk • May 20
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 German stocks, typically moving 9.1% 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 Interest payments are not well covered by earnings (0.8x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). Board Change • May 20
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. 1 highly experienced director. Independent Non-Executive Director Hiaw Ho Li was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Apr 09
Heeton Holdings Limited, Annual General Meeting, Apr 24, 2026 Heeton Holdings Limited, Annual General Meeting, Apr 24, 2026, at 10:00 Singapore Standard Time. Location: the emerald suite, orchid country club, 1 orchid club road, singapore 769162, Singapore Tillkännagivande • Feb 15
Heeton Holdings Limited Provides Earnings Guidance for the Financial Year Ended 31 December 2025 Heeton Holdings Limited provided earnings guidance for the financial year ended 31 December 2025. For the year, the company expects to report a net loss for FY2025. This is mainly attributable to impairment losses on financial assets and increase in operating expenses. Tillkännagivande • Feb 13
Heeton Holdings Limited to Report Fiscal Year 2025 Results on Mar 01, 2026 Heeton Holdings Limited announced that they will report fiscal year 2025 results at 5:00 PM, Singapore Standard Time on Mar 01, 2026 Tillkännagivande • Aug 01
Heeton Holdings Limited to Report First Half, 2025 Results on Aug 06, 2025 Heeton Holdings Limited announced that they will report first half, 2025 results on Aug 06, 2025 Tillkännagivande • Apr 07
Heeton Holdings Limited, Annual General Meeting, Apr 22, 2025 Heeton Holdings Limited, Annual General Meeting, Apr 22, 2025, at 10:00 Singapore Standard Time. Location: the emerald suite, orchid country club, 1 orchid club road, singapore 769162, Singapore Tillkännagivande • Aug 02
Heeton Holdings Limited to Report First Half, 2024 Results on Aug 15, 2024 Heeton Holdings Limited announced that they will report first half, 2024 results on Aug 15, 2024 Tillkännagivande • Jul 04
Heeton Holdings Limited Re-Designates Li Hiaw Ho to Chairman of the Remuneration The Board of Directors of Heeton Holdings Limited announced that Mr. Li Hiaw Ho has been re-designated to Chairman of the Remuneration Committee with effect from 1 July 2024. Following the aforesaid re-designation, the composition of the Remuneration Committee comprise the following: Li Hiaw Ho (Chairman); Tan Chuan Lye; Lee Bee Wah. The composition of the Board, Audit Committee and Nominating Committee of the Company remain unchanged. Declared Dividend • May 06
Dividend of S$0.0037 announced Shareholders will receive a dividend of S$0.0037. Ex-date: 13th May 2024 Payment date: 23rd May 2024 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Apr 15
Full year 2023 earnings released: S$0.007 loss per share (vs S$0.004 profit in FY 2022) Full year 2023 results: S$0.007 loss per share (down from S$0.004 profit in FY 2022). Revenue: S$67.9m (up 7.8% from FY 2022). Net loss: S$3.18m (down 249% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 10
Heeton Holdings Limited, Annual General Meeting, Apr 24, 2024 Heeton Holdings Limited, Annual General Meeting, Apr 24, 2024, at 10:00 Singapore Standard Time. Location: The Emerald Suite, Orchid Country Club, 1 Orchid Club Road, Singapore Singapore Agenda: To receive, consider and adopt the Audited Financial Statements for the financial year ended 31 December 2023 and the Directors' Statement and the Auditor's Report thereon; to declare a 1-tier tax exempt final dividend of 0.375 Singapore cents per share in respect of the financial year ended 31 December 2023; to approve Directors' fees of SGD 157,000 for the financial year ended 31 December 2023; to re-elect Tan Chuan Lye, a Director retiring by rotation pursuant to Article 95(2) of the Company's Constitution and who, being eligible, offer himself for re-election; to re-elect Hoh Chin Yiep, a Director retiring by rotation pursuant to Article 95(2) of the Company's Constitution and who, being eligible, offer himself for re-election; to re-appoint Messrs Ernst & Young LLP as Auditors and to authorise the Directors to fix their remuneration; and to consider other matters. Tillkännagivande • Apr 09
Heeton Holdings Limited Proposes 1-Tier Tax Exempt Final Dividend for the Financial Year Ended 31 December 2023 Heeton Holdings Limited at its Annual General Meeting will be held on 24 April 2024, proposed to declare a 1-tier tax exempt final dividend of 0.375 Singapore cents per share in respect of the financial year ended 31 December 2023. Reported Earnings • Feb 25
Full year 2023 earnings released Full year 2023 results: Revenue: S$67.9m (up 7.8% from FY 2022). Net loss: S$3.18m (down 249% from profit in FY 2022). New Risk • Feb 23
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 Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 45% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€87.0m market cap, or US$94.2m). Tillkännagivande • Feb 20
Heeton Holdings Limited Provides Unaudited Earnings Guidance for the Full Year Ended 31 December 2023 Heeton Holdings Limited provided unaudited earnings guidance for the full year ended 31 December 2023. For the year, company expects to report a net loss for FY2023. This is mainly attributable to higher finance and operating expenses. Reported Earnings • Aug 09
First half 2023 earnings released: S$0.009 loss per share (vs S$0.001 profit in 1H 2022) First half 2023 results: S$0.009 loss per share (down from S$0.001 profit in 1H 2022). Revenue: S$30.7m (up 7.8% from 1H 2022). Net loss: S$4.38m (down S$5.06m from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 29
Heeton Holdings Limited to Report First Half, 2023 Results on Aug 14, 2023 Heeton Holdings Limited announced that they will report first half, 2023 results on Aug 14, 2023 Tillkännagivande • May 06
Heeton Holdings Limited Approves Final Dividend for the Year Ended 31 December 2022, Payable on 25 May 2023 Heeton Holdings Limited announced that the final dividend of 0.375 Singapore cents per share for the financial year ended 31 December 2022 has been approved at the Annual General Meeting held on 26 April 2023, the Transfer Book and Register of Members of the Company will be closed on 17 May 2023 for the purpose of determining entitlements of ordinary shareholders to the final tax exempt (one tier) dividend. Payment of the final dividend, will be made on 25 May 2023. Reported Earnings • Apr 06
Full year 2022 earnings released: EPS: S$0.004 (vs S$0.038 in FY 2021) Full year 2022 results: EPS: S$0.004 (down from S$0.038 in FY 2021). Revenue: S$62.9m (up 25% from FY 2021). Net income: S$2.14m (down 89% from FY 2021). Profit margin: 3.4% (down from 37% in FY 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 21
Full year 2022 earnings released Full year 2022 results: Revenue: S$62.9m (up 25% from FY 2021). Net income: S$2.14m (down 89% from FY 2021). Profit margin: 3.4% (down from 37% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 07
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down S$1.72m from profit in 1H 2021). Profit margin: (down from 9.8% in 1H 2021). Tillkännagivande • Jun 10
Heeton Holdings Limited Announces Board Appointments Heeton Holdings Limited announced the appointment of Mr. Li Hiaw Ho @Li Hsi Ping as an Independent Non-Executive Director of the Company with effect from June 9, 2022. Announced the appointment of Mr. Tan Chuan Lye as an Independent Director of the Company, as the Chairman of the Remuneration Committee with effect from 9 June 2022. Mr. Li as a member of the Audit Committee and a member of the Remuneration Committee of the Company with effect from 9 June 2022. Following the foregoing changes, the compositions of the Board and the Board Committees are as follows: Tan Chuan Lye as Chairman, Lee Bee Wah, Li Hiaw Ho @Li Hsi Ping as members of Audit Committee, Tan Chuan Lye as Chairman, Lee Bee Wah, Li Hiaw Ho @Li Hsi Ping as members of Remuneration Committee. The composition of the Nominating Committee of the Company remain unchanged. Tillkännagivande • May 18
Heeton Holdings Limited Announces 1-Tier Tax Exempt Final Dividend in Respect of the Financial Year Ended 31 December 2021 Heeton Holdings Limited announced that the payment of a 1-tier tax exempt final dividend of 0.375 Singapore cents per share in respect of the financial year ended 31 December 2021. Tillkännagivande • Apr 28
Heeton Holdings Limited Announces Board and Committee Changes Heeton Holdings Limited announced appointment of Dr. Lee Bee Wah as an Independent Non-Executive Director of the Company. Director Experience Details is Lead Independent Director, Chairperson of the Audit and Risk Committee - Koh Brothers Group Limited Non-Executive Chairman - Amcorp Global Limited. The Board announced that Mr. Tan Tiong Cheng and Mr. Chia Kwok Ping who were due to retire pursuant to Article 95(2) of the Constitution of the Company and did not seek for re-election at the AGM held April 27, 2022 has ceased as Directors of the Company at the conclusion of the AGM. Following the cessation of Mr. Tan and Mr. Chia as a Director of the Company, Mr. Tan has ceased as the Chairman of RC and a member of AC and NC, and Mr. Chia has ceased as the Chairman of NC and a member of AC and RC on the same day. The Board has also appointed Dr. Lee as the Chairman of NC, a member of the AC and a member of the RC on the same day. Reported Earnings • Apr 05
Full year 2021 earnings released: EPS: S$0.038 (vs S$0.013 loss in FY 2020) Full year 2021 results: EPS: S$0.038 (up from S$0.013 loss in FY 2020). Revenue: S$50.4m (up 93% from FY 2020). Net income: S$18.8m (up S$25.2m from FY 2020). Profit margin: 37% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Tillkännagivande • Apr 04
Heeton Holdings Limited, Annual General Meeting, Apr 27, 2022 Heeton Holdings Limited, Annual General Meeting, Apr 27, 2022, at 10:00 Singapore Standard Time. Location: at 60 Paya Lebar Road #08-36, Paya Lebar Square Singapore Singapore Agenda: To receive, consider and adopt the Audited Financial Statements for the financial year ended 31 December 2021 and the Directors Statement and the Auditors' Report thereon; to declare a 1-tier tax exempt final dividend of 0.375 Singapore cents per share in respect of the financial year ended 31 December 2021; to approve Directors' fees of SGD 226,000 for the financial year ended 31 December 2021; to re-elect Mr. Tan Chuan Lye, a Director retiring by rotation pursuant to Article 95(2) of the Company's Constitution; to re-appoint Messrs. Ernst & Young LLP as Auditors and to authorize the Directors to fix their remuneration; and to consider other matters. Tillkännagivande • Apr 03
Heeton Holdings Limited Proposes 1-Tier Tax Exempt Final Dividend in Respect of the Financial Year Ended 31 December 2021 Heeton Holdings Limited will propose 1-tier tax exempt final dividend of 0.375 Singapore cents per share in respect of the financial year ended 31 December 2021 at its Annual General Meeting to be held on 27 April 2022. Tillkännagivande • Feb 25
Heeton Holdings Limited Announces Resignation of Yao Enci, Eunice as Joint Company Secretary The board of directors of Heeton Holdings Limited announced the resignation of Ms. Yao Enci, Eunice as joint company secretary with effect from 24 February 2022. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: S$50.4m (up 93% from FY 2020). Net income: S$18.8m (up S$25.2m from FY 2020). Profit margin: 37% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Recent Insider Transactions • Dec 16
Executive Deputy Chairman recently bought €185k worth of stock On the 13th of December, Giap Eng Toh bought around 916k shares on-market at roughly €0.20 per share. This was the largest purchase by an insider in the last 3 months. Giap Eng has been a buyer over the last 12 months, purchasing a net total of €277k worth in shares. Reported Earnings • Aug 09
First half 2021 earnings released: EPS S$0.004 (vs S$0.017 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: S$17.5m (up 38% from 1H 2020). Net income: S$1.72m (up S$9.78m from 1H 2020). Profit margin: 9.8% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 21
Full year 2020 earnings released: S$0.013 loss per share (vs S$0.027 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$26.2m (down 60% from FY 2019). Net loss: S$6.45m (down 149% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 26
Full year 2020 earnings released The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: S$26.2m (down 60% from FY 2019). Net income: S$5.51m (down 58% from FY 2019). Profit margin: 21% (in line with FY 2019). Tillkännagivande • Feb 25
Heeton Holdings Limited Does Not Recommend Dividend for the Year 31, 2020 Heeton Holdings Limited did not recommend dividend for the year 31, 2020 in view of the current challenging environment. Tillkännagivande • Feb 18
Heeton Holdings Limited to Report Fiscal Year 2020 Results on Feb 24, 2021 Heeton Holdings Limited announced that they will report fiscal year 2020 results on Feb 24, 2021 Tillkännagivande • Jan 02
Heeton Holdings Limited Announces Appointment of Mr. Hoh Chin Yiep as Chief Executive Officer Heeton Holdings Limited announced that the Nominating Committee, after considering the experience, qualifications, experience and performance of Mr. Hoh Chin Yiep, recommended to the Board of Directors the appointment of Mr. Hoh Chin Yiep as Chief Executive Officer of the Company with effect from 1 January 2021. The Board of Directors has approved the appointment. Role and responsibilities: The appointment is executive. Mr. Hoh will be responsible for the execution of the Board's strategies and plans. He will also oversee the day to day operations and management of the Group while building the capabilities of the management and staff. Working experience: October 2019 to current - Chief Operating Officer of Heeton Holdings Limited April 2018 to September 2019 - Managing Partner of PropNex Realty Pte Ltd. May 2017 to March 2018 - Managing Director of PropNex Investment Pte Ltd. January 2007 to April 2017 - Managing Director of PropNex International Pte Ltd. Tillkännagivande • Jul 31
Heeton Holdings Limited to Report First Half, 2020 Results on Aug 14, 2020 Heeton Holdings Limited announced that they will report first half, 2020 results on Aug 14, 2020 
