Tai Sin Electric Limited (500) AI Stock Analysis

• Market Cap: S$211.72M
• Dividend Yield: 6.52%
• Average Volume (3M): 94.28K
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.17
• Revenue Growth: 13.45%
• EPS Growth: 102.37%
• Country: SG
• Employees: 583
• Sector: Industrials
• Sector Strength: 89
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.05
• Shares Outstanding: 462,988,830
• 10 Day Avg. Volume: 110,840
• 30 Day Avg. Volume: 94,276
• PEG Ratio: -0.46
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.55
• 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

• Rating: 73 Outperform
• 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 Business Overview & Revenue Model

Company Description

Tai 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 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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	440.03M	400.68M	421.73M	379.05M	298.44M	276.41M
Gross Profit	75.46M	66.43M	62.74M	80.05M	41.37M	44.36M
EBITDA	37.55M	29.33M	29.72M	33.72M	28.31M	19.74M
Net Income	23.54M	14.60M	16.67M	22.01M	17.28M	9.70M
Balance Sheet
Total Assets	346.96M	315.66M	302.07M	315.71M	293.31M	243.38M
Cash, Cash Equivalents and Short-Term Investments	36.23M	27.42M	32.00M	29.20M	39.33M	33.50M
Total Debt	72.55M	59.77M	45.72M	43.04M	29.84M	31.30M
Total Liabilities	127.80M	107.01M	95.32M	112.14M	101.29M	61.31M
Stockholders Equity	217.42M	206.88M	204.81M	201.69M	190.24M	180.50M
Cash Flow
Free Cash Flow	6.05M	-4.86M	11.27M	-11.96M	19.67M	29.06M
Operating Cash Flow	13.62M	2.60M	16.28M	-7.44M	26.34M	33.10M
Investing Cash Flow	-7.11M	-6.82M	-5.57M	-3.87M	-6.20M	-4.15M
Financing Cash Flow	3.87M	-550.00K	-7.88M	1.19M	-14.27M	-12.26M

Tai Sin Electric Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.46
• 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 0.46 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MR7	75 Outperform	S$133.77M	7.88	14.17%	5.21%	-1.41%	9.50%
500	73 Outperform	S$211.72M	8.98	11.20%	6.52%	13.45%	102.37%
Sector *	67 Neutral	$2.50B	12.40	9.94%	4.60%	-2.21%	31.02%
F83	48 Neutral	S$546.38M	50.83	1.11%	―	-3.24%	200.00%