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Tai Sin Electric Limited (SG:500)
:500
Singapore Market

Tai Sin Electric Limited (500) AI Stock Analysis

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SG

Tai Sin Electric Limited

(SGX:500)

Rating:73Outperform
Price Target:
S$0.50
▲(8.70%Upside)
The overall stock score is bolstered by strong financial performance and attractive valuation metrics. The positive trend in revenue and profit margins, coupled with a low P/E ratio and high dividend yield, make it a promising investment. However, overbought technical indicators suggest caution in the short-term outlook.

Tai Sin Electric Limited (500) vs. iShares MSCI Singapore ETF (EWS)

Tai Sin Electric Limited Business Overview & Revenue Model

Company DescriptionTai Sin Electric Limited (500) is a leading provider of electrical products and solutions, primarily serving the construction, infrastructure, and industrial sectors. The company specializes in manufacturing and distributing a wide range of electrical cables, wires, and accessories. Headquartered in Singapore, Tai Sin Electric operates across Southeast Asia, emphasizing quality and innovation to meet the evolving demands of its diverse clientele.
How the Company Makes MoneyTai Sin Electric Limited generates revenue through the sale of its electrical products, including low voltage, medium voltage, and fire-resistant cables. The company caters to a broad spectrum of industries, ensuring a steady demand for its products. Additionally, Tai Sin Electric capitalizes on strategic partnerships and collaborations with construction firms and industrial entities to secure long-term contracts and projects. By maintaining a robust distribution network, the company effectively reaches various markets in Southeast Asia, further enhancing its revenue potential.

Tai Sin Electric Limited Financial Statement Overview

Summary
Tai Sin Electric Limited exhibits a robust financial position with consistent revenue growth and stable profit margins. The balance sheet is strong with manageable debt levels and solid equity backing. While cash flow metrics indicate improvement, there is potential for further enhancement in cash conversion efficiency. Overall, the company is on a positive trajectory, with strong fundamentals supporting its financial health.
Income Statement
80
Positive
The company demonstrates healthy revenue growth with a TTM (Trailing-Twelve-Months) increase of 9.84% over the previous annual period. Gross profit margin stands strong at 17.14% for the TTM period, reflecting effective cost management. Net profit margin improved to 5.35% in TTM, indicating enhanced profitability. Both EBIT and EBITDA margins show positive trends at 6.39% and 8.53% respectively, supporting stable operational efficiency.
Balance Sheet
75
Positive
The balance sheet reveals a stable equity ratio of 62.67%, highlighting a strong equity position. The debt-to-equity ratio is manageable at 0.33, indicating prudent leverage management. Return on equity (ROE) stands at 10.83% TTM, reflecting reasonable returns to shareholders. The company maintains a robust financial structure with a strong asset base.
Cash Flow
70
Positive
Cash flow analysis shows a rebound in free cash flow to $6.05M TTM, a significant improvement from negative figures in the prior period, indicating better cash management. The operating cash flow to net income ratio is 0.58, suggesting moderate conversion of income to cash. The free cash flow to net income ratio stands at 0.26, indicating some room for improving cash generation efficiency.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue440.03M400.68M421.73M379.05M298.44M276.41M
Gross Profit75.46M66.43M62.74M80.05M41.37M44.36M
EBITDA37.55M29.33M29.72M33.72M28.31M19.74M
Net Income23.54M14.60M16.67M22.01M17.28M9.70M
Balance Sheet
Total Assets346.96M315.66M302.07M315.71M293.31M243.38M
Cash, Cash Equivalents and Short-Term Investments36.23M27.42M32.00M29.20M39.33M33.50M
Total Debt72.55M59.77M45.72M43.04M29.84M31.30M
Total Liabilities127.80M107.01M95.32M112.14M101.29M61.31M
Stockholders Equity217.42M206.88M204.81M201.69M190.24M180.50M
Cash Flow
Free Cash Flow6.05M-4.86M11.27M-11.96M19.67M29.06M
Operating Cash Flow13.62M2.60M16.28M-7.44M26.34M33.10M
Investing Cash Flow-7.11M-6.82M-5.57M-3.87M-6.20M-4.15M
Financing Cash Flow3.87M-550.00K-7.88M1.19M-14.27M-12.26M

Tai Sin Electric Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.46
Price Trends
50DMA
0.41
Positive
100DMA
0.41
Positive
200DMA
0.39
Positive
Market Momentum
MACD
0.01
Negative
RSI
76.69
Negative
STOCH
86.11
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:500, the sentiment is Positive. The current price of 0.46 is above the 20-day moving average (MA) of 0.42, above the 50-day MA of 0.41, and above the 200-day MA of 0.39, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 76.69 is Negative, neither overbought nor oversold. The STOCH value of 86.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:500.

Tai Sin Electric Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (67)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
SGMR7
75
Outperform
S$133.77M7.8814.17%5.21%-1.41%9.50%
SG500
73
Outperform
S$211.72M8.9811.20%6.52%13.45%102.37%
67
Neutral
$2.50B12.409.94%4.60%-2.21%31.02%
SGF83
48
Neutral
S$546.38M50.831.11%-3.24%200.00%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:500
Tai Sin Electric Limited
0.46
0.09
24.32%
SG:F83
COSCO Shipping International Singapore Co Ltd
0.12
-0.03
-20.00%
SG:MR7
Nordic Group Limited
0.35
0.06
20.69%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 08, 2025