JE Cleantech Holdings Limited (JCSE) AI Stock Analysis

• Market Cap: $6.36M
• Dividend Yield: 7.56%
• Average Volume (3M): 116.95K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.73
• Revenue Growth: -23.37%
• EPS Growth: -264.09%
• Country: US
• Employees: 103
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.12
• Shares Outstanding: 5,260,260
• 10 Day Avg. Volume: 20,139
• 30 Day Avg. Volume: 116,953
• PEG Ratio: -3.18
• Price to Book (P/B): 0.58
• Price to Sales (P/S): 0.49
• P/FCF Ratio: 11.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: $1.00 ▼(-12.28% Downside)

The overall stock score of 46 reflects significant financial challenges, including declining revenue and profitability margins, as well as weak cash flow performance. Technical indicators suggest a bearish trend, with the stock trading below key moving averages and nearing oversold conditions. The high dividend yield is a positive aspect but is overshadowed by the negative P/E ratio, indicating underlying financial instability.

JE Cleantech Holdings Limited Business Overview & Revenue Model

Company Description

JE Cleantech Holdings Limited, an investment holding company, designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications in Singapore, Malaysia, and internationally. It provides various cleaning systems and other equipment, including aqueous washing systems, plating and cleaning systems, train cleaning systems, and filtration units. The company also offers centralized dishwashing services for food and beverage establishments, such as food courts, hawker centers, cookhouses, eldercare homes, and hospitals, as well as general cleaning services for food courts. In addition, it leases dishware washing equipment. The company was founded in 1999 and is headquartered in Singapore. JE Cleantech Holdings Limited is a subsidiary of JE Cleantech Global Limited.

How the Company Makes Money

JCSE generates revenue through multiple streams, primarily from the development and operation of waste-to-energy facilities that convert municipal and industrial waste into renewable energy. The company earns income by charging fees for waste processing services, selling electricity generated from its facilities, and entering into long-term power purchase agreements with utilities and large consumers. Additionally, JCSE may generate revenue through partnerships with government agencies and private sector companies focused on sustainability projects, thereby enabling it to leverage grants and incentives for renewable energy initiatives. The company's strategic alliances and investments in innovative technologies further enhance its revenue potential by expanding its portfolio and market reach.

JE Cleantech Holdings Limited Financial Statement Overview

Summary

JE Cleantech Holdings Limited faces challenges with declining revenue and profitability margins. While the balance sheet shows a manageable debt level, the low return on equity and poor cash flow performance highlight potential risks. The company needs to improve operational efficiency and cash generation to enhance financial stability.

Income Statement

The income statement shows a declining trend in revenue with a negative growth rate of -3.41% in the latest year. Gross profit margin is moderate at 26.94%, but net profit margin is very low at 0.17%, indicating challenges in converting revenue into profit. EBIT margin is negative, reflecting operational inefficiencies, while EBITDA margin is slightly better at 9.22%.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.61, suggesting manageable leverage. However, return on equity is very low at 0.19%, indicating limited profitability for shareholders. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets.

Cash Flow

Cash flow analysis indicates a significant decline in free cash flow growth at -223.67%, raising concerns about cash generation capabilities. The operating cash flow to net income ratio is low at 0.20, suggesting potential issues in converting earnings into cash. Free cash flow to net income ratio is moderate at 0.39, but overall cash flow performance is weak.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	19.28M	18.03M	18.63M	14.76M	21.40M
Gross Profit	5.19M	4.37M	5.13M	2.35M	5.90M
EBITDA	1.78M	1.84M	2.44M	833.00K	3.43M
Net Income	32.00K	519.00K	1.19M	62.00K	1.73M
Balance Sheet
Total Assets	35.11M	35.49M	35.47M	18.44M	21.76M
Cash, Cash Equivalents and Short-Term Investments	5.74M	5.14M	6.56M	1.11M	550.00K
Total Debt	10.07M	9.56M	11.86M	12.95M	11.78M
Total Liabilities	18.62M	18.78M	19.18M	15.42M	15.82M
Stockholders Equity	16.49M	16.71M	16.28M	3.02M	5.95M
Cash Flow
Free Cash Flow	800.00K	1.16M	-6.06M	2.58M	834.00K
Operating Cash Flow	2.05M	1.38M	-5.24M	3.37M	1.11M
Investing Cash Flow	-1.50M	-211.00K	-797.00K	-717.00K	-280.00K
Financing Cash Flow	122.00K	-2.57M	11.49M	-2.08M	-1.18M

JE Cleantech Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.14
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JCSE, the sentiment is Negative. The current price of 1.14 is below the 20-day moving average (MA) of 1.29, below the 50-day MA of 1.25, and below the 200-day MA of 1.17, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 38.27 is Neutral, neither overbought nor oversold. The STOCH value of 0.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JCSE.

JE Cleantech Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GTEC	60 Neutral	$19.05M	1.82	12.26%	―	-9.69%	―
CVV	49 Neutral	$25.19M	―	-1.47%	―	34.35%	93.12%
JCSE	46 Neutral	$6.36M	-5.94	―	7.56%	-23.37%	-264.09%
BWEN	46 Neutral	$47.47M	―	-3.73%	―	-18.38%	-128.11%
CETY	37 Underperform	$6.95M	―	-58.13%	―	-80.89%	50.95%
BURU	35 Underperform	$38.34M	-0.13	―	―	-98.68%	91.24%

JE Cleantech Holdings Limited Corporate Events

JE Cleantech Holdings Reports Revenue Decline and Net Loss for Mid-2025

JE Cleantech Holdings Limited reported a decline in revenue and a net loss for the six-month period ending June 30, 2025, compared to the same period in 2024. The company’s revenue decreased from SGD10.7 million in 2024 to SGD6.5 million in 2025, and it experienced a net loss of SGD0.8 million in 2025, down from a net income of SGD0.6 million in 2024. The company faces challenges due to its dependence on a few major customer groups, which accounted for a significant portion of its revenue. This reliance, coupled with the non-recurring nature of its sales, poses risks to its financial stability and growth prospects.