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Trek 2000 International Ltd
(SGX:5AB)
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Rating:62Neutral
Price Target:
S$0.30
▲(197.00% Upside)
Action:Reiterated
Date:07/01/26
The score is supported primarily by a strong, low-debt balance sheet and constructive technical trend (price above major moving averages). Offsetting these positives are inconsistent core operating results and cash-flow volatility, plus a very high P/E that weakens the valuation profile.
Positive Factors
Low leverage / strong balance sheet
Very low debt and a sizable equity base provide durable financial flexibility. This allows the company to fund operations, absorb shocks, and pursue selective investments without heavy interest burden, preserving solvency and optionality through economic cycles.
Negative Factors
Inconsistent operating profitability
Recurring negative EBIT/EBITDA and a reliance on non-operating items to report net profits indicate the core business lacks consistent operating profitability. This undermines margin sustainability and raises questions about the durability of reported earnings over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low debt and a sizable equity base provide durable financial flexibility. This allows the company to fund operations, absorb shocks, and pursue selective investments without heavy interest burden, preserving solvency and optionality through economic cycles.
Read all positive factors
Trek 2000 International Ltd (5AB) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$78.80M
Dividend YieldN/A
Average Volume (3M)63.02K
Price to Earnings (P/E)13.0
Beta (1Y)-0.29
Revenue Growth-3.37%
EPS Growth926.32%
CountrySG
Employees46
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)0.02
Shares Outstanding326,216,920
10 Day Avg. Volume20,780
30 Day Avg. Volume63,016
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.76
Price to Sales (P/S)1.26
P/FCF Ratio3.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Trek 2000 International Ltd Business Overview & Revenue Model
Company Description
Trek 2000 International Ltd, an investment holding company established in Singapore in 1999, delivers a comprehensive suite of interactive consumer, wireless, encryption, and enterprise solutions. The company operates through distinct segments: In...
How the Company Makes Money
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Trek 2000 International Ltd Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
78
Positive
Cash Flow
57
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.64M | 27.11M | 16.76M | 16.62M | 37.34M |
| Gross Profit | 2.38M | 1.04M | 1.52M | -2.39M | 1.89M |
| EBITDA | -3.58M | 438.80K | 3.03M | -12.98M | -753.32K |
| Net Income | 4.61M | 334.61K | 2.69M | -13.30M | -1.21M |
Balance Sheet | |||||
| Total Assets | 41.94M | 32.94M | 34.91M | 30.98M | 45.38M |
| Cash, Cash Equivalents and Short-Term Investments | 33.74M | 22.37M | 28.80M | 19.75M | 34.65M |
| Total Debt | 135.80K | 183.00K | 259.06K | 203.80K | 223.66K |
| Total Liabilities | 8.60M | 3.30M | 5.62M | 4.02M | 6.66M |
| Stockholders Equity | 32.53M | 39.33M | 28.44M | 26.11M | 37.80M |
Cash Flow | |||||
| Free Cash Flow | 7.16M | -9.77M | 2.87M | -8.52M | 377.18K |
| Operating Cash Flow | 7.64M | -7.03M | 3.11M | -8.50M | 552.86K |
| Investing Cash Flow | 4.45M | 12.84M | 4.84M | 4.89M | -1.66M |
| Financing Cash Flow | -714.36K | 68.63K | 138.72K | -210.02K | -425.73K |
Trek 2000 International Ltd Technical Analysis
Positive
0.10
Price Trends
0.21
Positive
0.15
Positive
0.13
Positive
Market Momentum
0.01
Positive
56.77
Neutral
34.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:5AB, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.21, and below the 200-day MA of 0.13, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 56.77 is Neutral, neither overbought nor oversold. The STOCH value of 34.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:5AB.
Trek 2000 International Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | S$659.88M | 15.64 | 12.85% | 17.05% | -30.42% | -43.04% | |
62 Neutral | S$78.80M | 12.99 | 0.90% | ― | -3.37% | 926.32% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
45 Neutral | S$55.26M | -7.63 | -25.25% | ― | -8.17% | 56.94% |
* Technology Sector Average
SG:5AB
Trek 2000 International Ltd
0.26
0.15
133.94%
SG:C76
Creative Technology
0.79
-0.04
-5.42%
SG:8AZ
Aztech Global Ltd.
0.87
0.36
70.95%
SG:BCY
Powermatic Data Systems Ltd.
3.50
1.03
41.70%
SG:BDR
Willas-Array Electronics (Holdings) Limited
1.08
0.72
200.00%
SG:S69
Serial System Ltd
0.07
0.03
68.18%
Trek 2000 International Ltd Corporate Events
Trek 2000 Wins US$350,000 AI-Powered Solar Project in Cambodia
Jun 23, 2026
Trek 2000 International’s subsidiary Trek Technology (Singapore) has secured a US$350,000 contract with long-time customer Our HS Convenience to deploy its AI Renewable Energy Solutions (AIRES) Eco-System at a solar farm in Cambodia. The pro...
Trek 2000 Says OSIM-Linked Legal Claims Will Not Proceed
May 28, 2026
Trek 2000 International Ltd has disclosed that a legal dispute initiated by lawyers for Mr. Ron Sim Chye Hock and OSIM International Pte Ltd against the company, its Executive Chairman Wayne Tan, and former Executive Chairman Henn Tan will not be ...
Trek 2000 Says Key Legal Claims Dropped, Urges Investor Caution
May 28, 2026
Trek 2000 International Ltd has announced that a legal dispute involving its Executive Chairman Wayne Tan, former Executive Chairman Henn Tan and claims brought by Ron Sim Chye Hock and OSIM International Pte Ltd has effectively been dropped. A le...
Trek 2000 gains Azure Capital as strategic shareholder, resolves legacy dispute
May 28, 2026
Trek 2000 International Ltd has secured Azure Capital as a new substantial shareholder after the Singapore fund manager acquired a 7.3% stake, joining existing strategic investors such as Kioxia, Creative Technology and CTI II. The investment is a...
Trek 2000’s AGM Confirms Financials and Strengthens Board Independence
May 26, 2026
Trek 2000 International Ltd held its 27th Annual General Meeting in Singapore on 27 April 2026, where shareholders received and adopted the audited financial statements for the year ended 31 December 2025. The meeting also covered procedural matte...
Trek 2000 Revamps Board and Committees After AGM, Names New Independent Director
Apr 27, 2026
Trek 2000 International has reshaped its board following its 27 April 2026 AGM, appointing finance and audit veteran Chin Sin Beng as an independent director to replace retiring independent director Kwek Swee Heng. Chin’s appointment was app...
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.