Tai Sin Electric Limited (500) AI Stock Analysis

• Market Cap: S$264.65M
• Dividend Yield: 4.09%
• Average Volume (3M): 329.27K
• Price to Earnings (P/E): 10.2
• Beta (1Y): 0.17
• 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: 483,020
• 30 Day Avg. Volume: 329,273
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: S$0.50
• Price Target Upside: -13.79% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: S$0.50 ▼(-13.79% Downside)

Tai Sin Electric Limited's overall stock score is driven by strong financial performance and attractive valuation. However, technical indicators suggest caution due to overbought conditions, and liquidity concerns from negative cash flows pose a risk. The absence of earnings call data and corporate events limits additional insights.

Tai Sin Electric Limited Business Overview & Revenue Model

Company Description

Tai Sin Electric Limited, together with its subsidiaries, designs, develops, manufactures, and trades in cable and wire products. The company operates through Cable & Wire, Electrical Material Distribution, Switchboard, and Test & Inspection segments. The Cable & Wire segment provides power, control, instrumentation, fire resistant and flame retardant cables, and busbar trucking systems for use in various areas of electrical and instrumentation installation for commercial, residential, industrial, and infrastructure projects. The Electrical Material Distribution segment provides industrial control systems and components, sensing products, measurement and monitoring systems, and power quality systems; and safety, cabling, and electrical accessories, as well as lighting and energy monitoring solutions to a range of industries, which includes industrial automation, maintenance, repair, and operations. The Switchboard segment offers switchgears comprising low voltage main and sub switchboards, distribution boards, control panels, and others for use in large buildings and industrial installations. The Test & Inspection segment offers consultancy, testing, inspection, and certification services for materials comprising concrete, soil, and asphalt premixes. It also engages in general construction and technical engineering, oil and gas, and non-construction activities, as well as distributing electrical products. The company serves end-users, contractors, manufacturers, system integrators, engineers, and consultants in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally. Tai Sin Electric Limited was incorporated in 1980 and is headquartered in Singapore.

How the Company Makes Money

Tai 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

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

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

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.

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	29.33M	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: Positive
• Last Price: 0.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: 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 0.58 is above the 20-day moving average (MA) of 0.53, above the 50-day MA of 0.53, and above the 200-day MA of 0.43, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 78.47 is Negative, neither overbought nor oversold. The STOCH value of 93.33 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
J2T	75 Outperform	235.57M	11.68	11.26%	3.91%	-4.42%	-46.97%
MR7	72 Outperform	158.97M	9.49	13.49%	2.02%	13.35%	20.00%
500	67 Neutral	S$264.65M	10.20	12.09%	4.09%	19.98%	77.92%
F83	51 Neutral	550.85M	47.31	1.10%	―	6.34%	160.00%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

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.