Halcyon Agri Corp. Ltd. (5VJ) AI Stock Analysis

• Market Cap: S$653.95M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: 23.21%
• EPS Growth: -3.27%
• Country: SG
• Employees: 15,000
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): -0.04
• Shares Outstanding: 1,595,012,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: S$0.50 ▲(21.95% Upside)

Halcyon Agri Corp. Ltd. faces significant financial challenges, including declining revenues and high leverage, which heavily impact its overall score. The technical analysis indicates a lack of momentum and an overbought condition, while the negative P/E ratio highlights valuation concerns. These factors collectively result in a low overall stock score.

Halcyon Agri Corp. Ltd. Business Overview & Revenue Model

Company Description

Halcyon Agri Corp. Ltd. (5VJ) is a leading global player in the agribusiness sector, primarily focused on the production and trading of natural rubber and other agricultural products. The company operates through various segments, including rubber plantations, processing, and trading, catering to both industrial and consumer markets. Halcyon Agri is committed to sustainable agricultural practices and aims to enhance the efficiency of its supply chain while maintaining high-quality standards in its product offerings.

How the Company Makes Money

Halcyon Agri Corp. generates revenue primarily through the cultivation, processing, and sale of natural rubber. The company operates its own rubber plantations, allowing it to control production costs and maintain quality. Revenue streams include the sale of processed rubber to manufacturers in various industries such as automotive, consumer goods, and construction. Additionally, Halcyon Agri engages in trading activities, where it sources rubber from third-party suppliers and sells it to global markets. Significant partnerships with manufacturers and suppliers are crucial to its business model, as they help ensure a steady demand for its products. Furthermore, the company's commitment to sustainability and compliance with environmental regulations enhances its brand value and may open up additional revenue opportunities through eco-friendly product lines.

Halcyon Agri Corp. Ltd. Financial Statement Overview

Summary

Halcyon Agri Corp. Ltd. shows strong revenue growth but faces significant challenges in profitability and cash flow. High leverage and negative profitability, along with cash flow constraints, highlight the need for strategic improvements in cost management, debt reduction, and cash flow generation.

Income Statement

Halcyon Agri Corp. Ltd. shows a strong revenue growth of 30.9% from 2023 to 2024, indicating positive sales momentum. The gross profit margin stands at 5.0% for 2024, a slight improvement from previous years, but the company remains unprofitable at the net level with a net profit margin of -0.8%. The EBIT margin improved significantly to 1.3% from negative in 2023, showing operational improvements. However, the negative net income and low profitability margins indicate challenges in cost management and achieving sustainable profitability.

Balance Sheet

The debt-to-equity ratio is high at 2.56 for 2024, indicating significant leverage which could pose financial risk if not managed carefully. The equity ratio is 23.4%, reflecting moderate reliance on equity financing. Return on Equity (ROE) remains negative due to net losses, indicating inefficiencies in generating returns from shareholders' equity. The balance sheet reflects financial stability challenges with a need for improved equity financing or debt reduction.

Cash Flow

Operating cash flow turned negative in 2024 at -86.8 million, indicating issues in cash generation from core operations. Free cash flow also deteriorated significantly to -110.2 million, raising concerns over liquidity and the ability to fund operations without external financing. The negative free cash flow to net income ratio further highlights inefficiencies in converting income to cash. The cash flow statement suggests a need for strategic improvement in cash management and operational efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.80B	2.90B	2.69B	2.46B	1.71B
Gross Profit	190.93M	146.17M	170.81M	162.87M	101.57M
EBITDA	82.61M	13.47M	61.10M	67.00M	7.58M
Net Income	-29.14M	-87.02M	-17.97M	11.55M	-53.78M
Balance Sheet
Total Assets	2.09B	1.97B	2.02B	2.06B	1.96B
Cash, Cash Equivalents and Short-Term Investments	83.65M	48.29M	121.07M	33.40M	43.89M
Total Debt	1.26B	1.11B	1.14B	1.10B	1.02B
Total Liabilities	1.58B	1.40B	1.36B	1.34B	1.21B
Stockholders Equity	490.93M	540.87M	629.83M	694.45M	727.71M
Cash Flow
Free Cash Flow	-110.22M	5.36M	43.31M	-61.66M	-66.19M
Operating Cash Flow	-86.81M	28.16M	69.63M	-33.56M	-21.76M
Investing Cash Flow	18.22M	16.35M	5.35M	-18.71M	-48.67M
Financing Cash Flow	104.53M	-115.14M	12.16M	41.80M	56.72M

Halcyon Agri Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QES	―	S$679.35M	7.62	11.64%	0.69%	-3.11%	28.89%
P52	―	S$783.73M	18.24	17.05%	2.82%	3.76%	9.64%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
C8R	―	S$55.68M	-2.37	-20.85%	―	-2.43%	52.80%
5VJ	―	S$653.95M	―	―	―	23.21%	-3.27%

Halcyon Agri Corp. Ltd. Corporate Events

Halcyon Agri Holds EGM to Vote on Key Resolutions

Halcyon Agri Corporation Limited held an Extraordinary General Meeting (EGM) where key resolutions were proposed and voted on by shareholders. The meeting was chaired by an independent director, and all valid proxy forms were verified. Notably, a substantial shareholder, China Rubber Technology Group Company Limited, abstained from voting on the resolutions, which could impact the company’s decision-making process.

Halcyon Agri to Redeem $200M Perpetual Securities

Halcyon Agri Corporation Limited announced its intention to redeem all of its U.S.$200,000,000 3.80% guaranteed subordinated perpetual securities on November 18, 2025. This move will lead to the cancellation of these securities, impacting the company’s financial structure and potentially influencing stakeholder perceptions of its fiscal strategies.