New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company. Tillkännagivande • Jul 10
UOL Group Limited to Report First Half, 2026 Results on Aug 12, 2026 UOL Group Limited announced that they will report first half, 2026 results on Aug 12, 2026 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. 2 highly experienced directors. Independent Non-Executive Director Annabelle Yip 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. Tillkännagivande • Apr 28
UOL Group Limited Declares Special Tax Exempt (One-Tier) Dividend for the Year Ended 31 December 2025 UOL Group Limited at its Annual General Meeting held on April 27, 2026, declared a special tax exempt (one-tier) dividend of 7.0 cents per ordinary share for the year ended 31 December 2025. Tillkännagivande • Apr 04
UOL Group Limited to Report Fiscal Year 2025 Final Results on Apr 02, 2026 UOL Group Limited announced that they will report fiscal year 2025 final results at 5:00 PM, Singapore Standard Time on Apr 02, 2026 Tillkännagivande • Feb 27
UOL Group Limited announces Annual dividend, payable on May 18, 2026 UOL Group Limited announced Annual dividend of SGD 0.1800 per share payable on May 18, 2026, ex-date on May 05, 2026 and record date on May 06, 2026. Tillkännagivande • Feb 26
UOL Group Limited, Annual General Meeting, Apr 27, 2026 UOL Group Limited, Annual General Meeting, Apr 27, 2026. Tillkännagivande • Jan 23
UOL Group Limited to Report Fiscal Year 2025 Results on Feb 26, 2026 UOL Group Limited announced that they will report fiscal year 2025 results on Feb 26, 2026 Tillkännagivande • Jul 11
UOL Group Limited to Report First Half, 2025 Results on Aug 13, 2025 UOL Group Limited announced that they will report first half, 2025 results on Aug 13, 2025 Tillkännagivande • Feb 28
UOL Group Limited announces Annual dividend, payable on May 20, 2025 UOL Group Limited announced Annual dividend of SGD 0.1800 per share payable on May 20, 2025, ex-date on May 06, 2025 and record date on May 07, 2025. Tillkännagivande • Feb 27
UOL Group Limited, Annual General Meeting, Apr 28, 2025 UOL Group Limited, Annual General Meeting, Apr 28, 2025. Tillkännagivande • Jan 24
UOL Group Limited to Report Fiscal Year 2024 Results on Feb 27, 2025 UOL Group Limited announced that they will report fiscal year 2024 results on Feb 27, 2025 Reported Earnings • Aug 15
First half 2024 earnings released: EPS: S$0.15 (vs S$0.16 in 1H 2023) First half 2024 results: EPS: S$0.15 (down from S$0.16 in 1H 2023). Revenue: S$1.27b (down 6.9% from 1H 2023). Net income: S$130.4m (down 3.4% from 1H 2023). Profit margin: 10% (in line with 1H 2023). Revenue is forecast to stay flat during the next 3 years compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 12
UOL Group Limited to Report First Half, 2024 Results on Aug 13, 2024 UOL Group Limited announced that they will report first half, 2024 results on Aug 13, 2024 Tillkännagivande • May 15
UOL Group Limited Appoints Ng Tiang Poh as Chief Financial Officer, Effective 10 June 2024 The Board of Directors of UOL Group Limited announced the appointment of Mr. Ng Tiang Poh as Chief Financial Officer of the Company, with effect from 10 June 2024. Role and Responsibilities: Executive. Responsible for leading and optimising the Group's Finance, Treasury, Tax and Investor Relations functions and supporting the Group Chief Executive in the Group's strategy and long-term growth. Working Experience: October 2018 to June 2024 - Head of Finance/Chief Financial Officer, Keppel Infrastructure Fund Management Pte. Ltd.; May 2017 to October 2018 - Vice President, Finance, Keppel Infrastructure Fund Management Pte. Ltd.; May 2014 to May 2017 - Vice President, Finance, Hyflux Ltd. (delisted). Other Directorships Past: Basslink Pty Ltd; Basslink Telecoms Pty Ltd; Basslink Holdings Pty Ltd; CityDC Pte. Ltd.; CitySpring Capital Pte. Ltd. Other Directorships Present: (Up till May/June 2024) City Energy Pte. Ltd.; CityLink Investments Pte. Ltd.; Keppel Merlimau Cogen Pte Ltd; Keppel Seghers Newater Development Co Pte. Ltd.; Keppel Seghers Tuas Waste-To-Energy Plant Pte. Ltd.; Senoko Waste-To-Energy Pte. Ltd.; SingSpring Pte. Ltd. 8. Basslink Australia GP Pty Ltd; Coral Holdings Australia Pty Ltd; Nexus Australia Management Pty Ltd; Nexus Investments Australia Pty Ltd. Professional Qualifications: Bachelor of Accountancy (Honours), Nanyang Technological University Master of Business Administration, The University of Manchester Fellow Chartered Accountant of Singapore Chartered Financial Analyst. Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Annabelle Yip 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. Upcoming Dividend • Apr 25
Upcoming dividend of S$0.20 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.5%). Tillkännagivande • Apr 03
UOL Group Limited, Annual General Meeting, Apr 24, 2024 UOL Group Limited, Annual General Meeting, Apr 24, 2024, at 15:00 Singapore Standard Time. Location: PARKROYAL on Beach Road, Grand Ballroom 7500 Beach Road, Singapore 199591 Singapore Singapore Agenda: To consider the adoption of Directors' Statement, Audited Financial Statements and Auditor's Report; to consider declaration of a First and Final Dividend and a Special Dividend; to consider approval of Directors' Fees; to consider authority for Directors to Issue Shares (General Share Issue Mandate); to consider renewal of Share Buyback Mandate; and to consider other matters. Reported Earnings • Apr 03
Full year 2023 earnings released: EPS: S$0.84 (vs S$0.58 in FY 2022) Full year 2023 results: EPS: S$0.84 (up from S$0.58 in FY 2022). Revenue: S$2.68b (down 16% from FY 2022). Net income: S$707.7m (up 44% from FY 2022). Profit margin: 26% (up from 15% in FY 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 29
Dividend of S$0.20 announced Shareholders will receive a dividend of S$0.20. Ex-date: 2nd May 2024 Payment date: 15th May 2024 Dividend yield will be 4.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (18% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 62% over the next 3 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range. Tillkännagivande • Feb 29
UOL Group Limited Proposes Special Tax Exempt (One-Tier) Dividend for the Year Ended 31 December 2023, Payable on 15 May 2024 The Share Transfer Books and Register of Members of UOL Group Limited will be closed at 5.00 p.m. on 3 May 2024 for the preparation of dividend warrants and the purpose of determining shareholders' entitlements to the proposed Special tax exempt (one-tier) Dividend of 5.0 cents per ordinary share for the financial year ended 31 December 2023 (the "FY2023 First & Final Dividend and Special Dividend"), subject to shareholders' approval at the Annual General Meeting ("AGM"). Duly completed transfers received by the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., at 1 Harbourfront Avenue, Keppel Bay Tower, #14-03/07, Singapore 098632, up to 5.00 p.m. on 3 May 2024 will be registered to determine shareholders' entitlements to the FY2023 First & Final Dividend and Special Dividend. In respect of ordinary shares in securities accounts with The Central Depository (Pte) Ltd. ("CDP"), the FY2023 First & Final Dividend and Special Dividend will be paid by the Company to CDP which will, in turn, distribute the dividend entitlements to shareholders in accordance with its practice. The FY2023 First & Final Dividend and Special Dividend, if approved at the AGM, will be paid on 15 May 2024. New Risk • Feb 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 102% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 28
Full year 2023 earnings released Full year 2023 results: Revenue: S$2.68b (down 16% from FY 2022). Net income: S$707.7m (up 44% from FY 2022). Profit margin: 26% (up from 15% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. New Risk • Feb 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (8.4% net profit margin). Tillkännagivande • Jan 27
UOL Group Limited to Report Fiscal Year 2023 Results on Feb 27, 2024 UOL Group Limited announced that they will report fiscal year 2023 results on Feb 27, 2024 New Risk • Aug 11
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: 8.4% Last year net profit margin: 20% 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 Risk Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (8.4% net profit margin). Reported Earnings • Aug 11
First half 2023 earnings released: EPS: S$0.16 (vs S$0.44 in 1H 2022) First half 2023 results: EPS: S$0.16 (down from S$0.44 in 1H 2022). Revenue: S$1.37b (down 11% from 1H 2022). Net income: S$135.0m (down 64% from 1H 2022). Profit margin: 9.9% (down from 24% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 12
UOL Group Limited to Report First Half, 2023 Results on Aug 10, 2023 UOL Group Limited announced that they will report first half, 2023 results on Aug 10, 2023 Upcoming Dividend • May 01
Upcoming dividend of S$0.18 per share at 2.2% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.6%). Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: S$0.58 (vs S$0.36 in FY 2021) Full year 2022 results: EPS: S$0.58 (up from S$0.36 in FY 2021). Revenue: S$3.20b (up 28% from FY 2021). Net income: S$491.9m (up 60% from FY 2021). Profit margin: 15% (up from 12% in FY 2021). Revenue is expected to fall by 9.0% p.a. on average during the next 3 years compared to a 32% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: S$0.58 (vs S$0.36 in FY 2021) Full year 2022 results: EPS: S$0.58 (up from S$0.36 in FY 2021). Revenue: S$3.20b (up 23% from FY 2021). Net income: S$491.9m (up 60% from FY 2021). Profit margin: 15% (up from 12% in FY 2021). Revenue is expected to fall by 6.1% p.a. on average during the next 3 years compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 28
UOL Group Limited to Report Fiscal Year 2022 Results on Feb 27, 2023 UOL Group Limited announced that they will report fiscal year 2022 results on Feb 27, 2023 Reported Earnings • Aug 16
First half 2022 earnings released: EPS: S$0.44 (vs S$0.11 in 1H 2021) First half 2022 results: EPS: S$0.44 (up from S$0.11 in 1H 2021). Revenue: S$1.53b (up 36% from 1H 2021). Net income: S$371.0m (up 306% from 1H 2021). Profit margin: 24% (up from 8.1% in 1H 2021). Over the next year, revenue is expected to shrink by 9.3% compared to a 47% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Tillkännagivande • Jul 13
UOL Group Limited to Report First Half, 2022 Results on Aug 12, 2022 UOL Group Limited announced that they will report first half, 2022 results on Aug 12, 2022 Tillkännagivande • May 28
UOL Group Limited Announces Board and Committee Changes The Board of Directors of UOL Group Limited announced that Mr. Tan Tiong Cheng, Non-Executive and Independent Director shall be retiring as a Director of the Company with effect from 27 May 2022. The board also announced the appointment of Ms. Yip Wai Ping Annabelle as a Non-Executive and Independent Director of the Company with effect from 27 May 2022. Finally, the Board wishes to announce the following changes to the composition of the Board Committees of the Company, with effect from 27 May 2022: (a) stepping down of Mr. Tan Tiong Cheng as Chairman of the Remuneration Committee and a member of the Audit & Risk Committee; and (b) appointment of Mr. Lau Cheng Soon as Chairman of the Remuneration Committee. Upcoming Dividend • Apr 29
Upcoming dividend of S$0.15 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 20 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (3.8%). Reported Earnings • Apr 07
Full year 2021 earnings released: EPS: S$0.36 (vs S$0.016 in FY 2020) Full year 2021 results: EPS: S$0.36 (up from S$0.016 in FY 2020). Revenue: S$2.61b (up 32% from FY 2020). Net income: S$307.4m (up S$294.3m from FY 2020). Profit margin: 12% (up from 0.7% in FY 2020). Over the next year, revenue is forecast to stay flat compared to a 34% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Apr 07
Full year 2021 earnings released: EPS: S$0.36 (vs S$0.016 in FY 2020) Full year 2021 results: EPS: S$0.36 (up from S$0.016 in FY 2020). Revenue: S$2.61b (up 32% from FY 2020). Net income: S$307.4m (up S$294.3m from FY 2020). Profit margin: 12% (up from 0.7% in FY 2020). Over the next year, revenue is forecast to stay flat compared to a 34% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: S$2.61b (up 32% from FY 2020). Net income: S$307.4m (up S$294.3m from FY 2020). Profit margin: 12% (up from 0.7% in FY 2020). Revenue exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 1.4% compared to a 27% decline forecast for the industry in Germany. Tillkännagivande • Mar 01
UOL Group Limited Proposes First and Final Dividend UOL Group Limited proposed a first and final dividend of 15.0 cents per share. Subject to shareholders' approval for payment of the First & Final Dividends and payment date to be announced later. Tillkännagivande • Feb 19
UOL Group Limited Appoints Liang Kaiting, Kalyn as Assistant Company Secretary UOL Group Limited appointed Liang Kaiting, Kalyn as Assistant Company Secretary with effect from 18 February 2022. Tillkännagivande • Feb 17
UOL Group Limited Announces Executive Changes UOL Group Limited announced the appointment of Mr. Lau Cheng Soon as a member of the Executive Committee and appointment of Mr. Sim Hwee Cher as a member of the Remuneration Committee with effect from February 16, 2022. Tillkännagivande • Jan 30
UOL Group Limited to Report Fiscal Year 2021 Results on Feb 28, 2022 UOL Group Limited announced that they will report fiscal year 2021 results on Feb 28, 2022 Recent Insider Transactions • Dec 26
Board Member recently bought €947k worth of stock On the 22nd of December, Ee-Chao Wee bought around 209k shares on-market at roughly €4.53 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 18
First half 2021 earnings released: EPS S$0.11 (vs S$0.097 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$1.19b (up 31% from 1H 2020). Net income: S$91.3m (up S$173.5m from 1H 2020). Profit margin: 7.7% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 24
Upcoming dividend of S$0.15 per share Eligible shareholders must have bought the stock before 30 April 2021. Payment date: 14 May 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.1%). Reported Earnings • Apr 04
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: S$1.98b (down 13% from FY 2019). Net income: S$13.1m (down 97% from FY 2019). Profit margin: 0.7% (down from 21% in FY 2019). Analyst Estimate Surprise Post Earnings • Feb 28
Revenue beats expectations Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 13% compared to a 32% decline forecast for the Real Estate industry in Germany. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS S$0.016 (vs S$0.57 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: S$1.98b (down 13% from FY 2019). Net income: S$13.1m (down 97% from FY 2019). Profit margin: 0.7% (down from 21% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jan 27
UOL Group Limited to Report Fiscal Year 2020 Results on Feb 26, 2021 UOL Group Limited announced that they will report fiscal year 2020 results on Feb 26, 2021 Is New 90 Day High Low • Jan 14
New 90-day high: €4.96 The company is up 13% from its price of €4.38 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.01 per share. Is New 90 Day High Low • Nov 16
New 90-day high: €4.40 The company is up 13% from its price of €3.90 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.60 per share. Is New 90 Day High Low • Oct 31
New 90-day low: €3.80 The company is down 4.0% from its price of €3.94 on 31 July 2020. The German market is also down 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €61.55 per share. Tillkännagivande • Oct 29
UOL Group Limited Appoints Lee Chin Yong Francis as an Additional Member of the Executive Committee The Board of Directors of UOL Group Limited announced the appointment of Mr. Lee Chin Yong Francis as an additional member of the Executive Committee of the Company with effect from 28 October 2020. Is New 90 Day High Low • Oct 14
New 90-day high: €4.38 The company is up 4.0% from its price of €4.22 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.10 per share. Tillkännagivande • Jul 10
UOL Group Limited to Report First Half, 2020 Results on Aug 13, 2020 UOL Group Limited announced that they will report first half, 2020 results on Aug 13, 2020 
