Tai Sin Electric Limited (500) AI Stock Analysis

• Market Cap: S$296.87M
• Dividend Yield: 3.92%
• Average Volume (3M): 535.68K
• Price to Earnings (P/E): 11.4
• Beta (1Y): 0.23
• Revenue Growth: 19.98%
• EPS Growth: 77.92%
• Country: SG
• Employees: 583
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.02
• Shares Outstanding: 462,988,830
• 10 Day Avg. Volume: 883,270
• 30 Day Avg. Volume: 535,683
• PEG Ratio: 0.09
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.40
• P/FCF Ratio: -19.32
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: S$0.50 ▼(-16.67% Downside)

The overall stock score is driven by strong technical analysis indicators and a solid valuation, despite challenges in financial performance related to cash flow management and increased leverage. The stock's bullish momentum and attractive dividend yield enhance its investment appeal.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Strategic Investment in EV Sector

The investment in the EV sector positions the company for growth in sustainable industries, aligning with future market trends.

Improved Profitability

Improved profitability through better margins indicates effective cost management and operational efficiency, supporting sustainable growth.

Negative Factors

Cash Flow Management Challenges

Negative cash flows indicate potential liquidity issues, which could constrain operational flexibility and investment capacity.

Increased Leverage

Higher leverage can increase financial risk, potentially impacting the company's ability to invest in growth opportunities.

Operational Efficiency Improvements Needed

Low margins indicate potential inefficiencies, which could hinder profitability if not addressed through operational improvements.

Tai Sin Electric Limited Business Overview & Revenue Model

Company Description

Tai Sin Electric Limited is a prominent player in the electrical and electronic components sector, headquartered in Hong Kong. The company specializes in the manufacturing and distribution of a wide range of electrical products including cables, wires, and other electrical accessories. Tai Sin Electric serves various industries such as construction, telecommunications, and infrastructure, positioning itself as a key supplier in the Asian market. With a commitment to quality and innovation, the company also invests in research and development to enhance its product offerings and meet the evolving demands of its customers.

How the Company Makes Money

Tai Sin Electric Limited generates revenue primarily through the sale of its electrical products, which include a comprehensive range of cables and wires used in various applications. The company's revenue model is based on direct sales to businesses in sectors like construction and telecommunications, as well as partnerships with distributors and retailers. Key revenue streams include bulk orders from construction firms and ongoing contracts with government and private infrastructure projects. Additionally, the company benefits from strategic partnerships with international firms that expand its market reach and enhance its product offerings. Factors such as the growing demand for electrical infrastructure in Asia, investment in renewable energy projects, and the expansion of telecommunication networks contribute significantly to its earnings.

Tai Sin Electric Limited Financial Statement Overview

Summary

Tai Sin Electric Limited shows strong revenue growth and improved profitability, but faces challenges with cash flow management and increased leverage. The company needs to focus on enhancing operational efficiency and managing its debt levels to ensure sustainable growth.

Income Statement

Tai Sin Electric Limited has demonstrated a strong revenue growth rate of 9.25% in the latest year, indicating positive business momentum. The gross profit margin has remained stable around 16.7%, while the net profit margin improved to 5.4%, reflecting enhanced profitability. However, the EBIT and EBITDA margins, at 7.0% and 8.6% respectively, suggest room for operational efficiency improvements.

Balance Sheet

The company's debt-to-equity ratio increased to 0.43, indicating a higher leverage compared to previous years, which could pose a risk if not managed carefully. However, the return on equity improved to 11.7%, showcasing effective utilization of equity to generate profits. The equity ratio remains healthy, suggesting a solid financial foundation.

Cash Flow

The cash flow situation is concerning, with negative operating and free cash flows in the latest year. The free cash flow growth rate is significantly negative, and the operating cash flow to net income ratio is also negative, indicating cash flow management challenges. However, the free cash flow to net income ratio is positive, suggesting potential for improvement.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	440.03M	480.73M	400.68M	421.73M	379.05M	298.44M
Gross Profit	75.46M	80.20M	66.43M	62.74M	80.05M	41.37M
EBITDA	37.55M	41.32M	29.99M	29.72M	33.72M	28.31M
Net Income	23.54M	25.95M	14.60M	16.67M	22.01M	17.28M
Balance Sheet
Total Assets	346.96M	375.55M	315.66M	302.07M	315.71M	293.31M
Cash, Cash Equivalents and Short-Term Investments	36.23M	38.26M	27.42M	32.00M	29.20M	39.33M
Total Debt	72.55M	94.61M	59.77M	45.72M	43.04M	29.84M
Total Liabilities	127.80M	150.06M	107.01M	95.32M	112.14M	101.29M
Stockholders Equity	217.42M	222.16M	206.88M	204.81M	201.69M	190.24M
Cash Flow
Free Cash Flow	6.05M	-9.88M	-4.86M	11.27M	-11.96M	19.67M
Operating Cash Flow	13.62M	-5.13M	2.60M	16.28M	-7.44M	26.34M
Investing Cash Flow	-7.11M	-4.00M	-6.82M	-5.57M	-3.87M	-6.20M
Financing Cash Flow	3.87M	20.02M	-550.00K	-7.88M	1.19M	-14.27M

Tai Sin Electric Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.60
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:500, the sentiment is Neutral. The current price of 0.6 is below the 20-day moving average (MA) of 0.62, below the 50-day MA of 0.60, and above the 200-day MA of 0.47, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.23 is Neutral, neither overbought nor oversold. The STOCH value of 16.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SG:500.

Tai Sin Electric Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
500	75 Outperform	S$296.87M	11.44	12.09%	3.92%	19.98%	77.92%
J2T	70 Outperform	S$222.77M	11.04	7.27%	4.19%	-4.42%	-46.97%
MR7	70 Outperform	S$157.03M	9.38	13.44%	2.07%	13.35%	20.00%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
F83	53 Neutral	S$546.38M	46.92	1.18%	―	6.34%	160.00%

Tai Sin Electric Limited Corporate Events

Tai Sin Electric Expands into EV Sector with Strategic Investment

Tai Sin Electric Limited’s subsidiary, Lim Kim Hai Electric Co. (S) Pte. Ltd., has acquired a 25% stake in EV Mobility Pte. Ltd., an electric vehicle charge point operator in Singapore, for SGD1.5 million. This strategic investment aligns with Tai Sin Electric’s goal to expand into the growing electric vehicle ecosystem, enhancing its position in sustainable business ventures.