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: 0.20
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 0.10
• P/FCF Ratio: -3.45
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• 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.

Positive Factors

Sustainability Commitment

The company's focus on sustainability can enhance brand value and open new revenue opportunities through eco-friendly product lines.

Operational Efficiency

Improved operational efficiency suggests better cost management, which can lead to enhanced profitability over time.

Debt Reduction

Redeeming perpetual securities will reduce leverage, potentially improving financial stability and investor confidence.

Negative Factors

High Leverage

High leverage can strain financial flexibility and increase risk, impacting long-term financial health.

Declining Revenue

Decreasing revenue suggests challenges in market demand or competition, potentially affecting future growth prospects.

Cash Flow Challenges

Weak cash flow performance limits the company's ability to support operations and reduce debt, affecting long-term sustainability.

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. is facing financial challenges, with declining revenues, negative profitability, and high leverage. Despite some operational improvements, the company needs to enhance cash flow generation and reduce debt to improve financial health.

Income Statement

Halcyon Agri Corp. Ltd. has experienced declining revenue growth, with a notable decrease of 13.33% in the latest year. The company struggles with profitability, as indicated by a negative net profit margin of -0.77%. However, there is a slight improvement in EBIT and EBITDA margins compared to the previous year, suggesting some operational efficiency gains.

Balance Sheet

The company's balance sheet shows high leverage, with a debt-to-equity ratio of 2.56, indicating significant reliance on debt financing. The return on equity is negative at -5.94%, reflecting challenges in generating returns for shareholders. The equity ratio stands at 23.45%, suggesting a moderate level of equity financing relative to total assets.

Cash Flow

Halcyon Agri Corp. Ltd. faces cash flow challenges, with negative operating and free cash flows. The free cash flow to net income ratio is positive at 1.27, indicating some ability to convert earnings into cash, but overall cash flow performance remains weak. The company needs to improve its cash generation capabilities to support operations and reduce debt.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.03B	3.80B	2.90B	2.69B	2.46B	1.71B
Gross Profit	162.43M	190.93M	146.17M	170.81M	162.87M	101.57M
EBITDA	58.42M	82.61M	13.47M	76.82M	75.70M	7.58M
Net Income	-49.44M	-29.14M	-87.02M	-17.97M	11.55M	-53.78M
Balance Sheet
Total Assets	2.04B	2.09B	1.97B	2.02B	2.06B	1.96B
Cash, Cash Equivalents and Short-Term Investments	129.37M	83.65M	48.29M	121.07M	33.40M	43.89M
Total Debt	1.25B	1.26B	1.11B	1.14B	1.10B	1.02B
Total Liabilities	1.53B	1.58B	1.40B	1.36B	1.34B	1.21B
Stockholders Equity	486.62M	490.93M	540.87M	629.83M	694.45M	727.71M
Cash Flow
Free Cash Flow	54.86M	-110.22M	5.36M	43.31M	-61.66M	-66.19M
Operating Cash Flow	73.02M	-86.81M	28.16M	69.63M	-33.56M	-21.76M
Investing Cash Flow	-18.81M	18.22M	16.35M	5.35M	-18.71M	-48.67M
Financing Cash Flow	10.02M	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	79 Outperform	S$747.28M	8.38	11.64%	4.55%	-3.11%	28.89%
P52	62 Neutral	S$755.74M	17.59	17.05%	3.00%	3.76%	9.64%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
C8R	45 Neutral	S$51.70M	-2.12	-20.85%	―	-2.43%	52.80%
5VJ	38 Underperform	S$653.95M	-8.65	―	―	23.21%	-3.27%

Halcyon Agri Corp. Ltd. Corporate Events

Halcyon Agri Plans $200 Million Sustainable Securities Issuance

Halcyon Agri Corporation Limited has announced its intention to issue US$200 million in guaranteed subordinated perpetual sustainable securities. The issuance, which will be guaranteed by China Hainan Rubber Industry Group Co. Ltd., aims to raise funds for the company and will be coordinated by CMB International Capital Limited, Haitong International Securities Group Limited, and ABCI Capital Limited. The securities are intended for listing on the Stock Exchange of Hong Kong, though they will not be offered to retail investors. The company cautions that there is no assurance of the issuance proceeding or being completed successfully.

Halcyon Agri Completes $200 Million Securities Redemption

Halcyon Agri Corporation Limited has completed the redemption of its U.S.$200 million 3.80% guaranteed subordinated perpetual securities, which were guaranteed by Sinochem International Corporation. The redemption, effective as of November 18, 2025, results in the cancellation and delisting of these securities from the Singapore Exchange, potentially impacting the company’s financial structure and market operations.

Halcyon Agri Ends $1 Billion Debt Programme

Halcyon Agri Corporation Limited has announced the termination of its US$1,000,000,000 Multicurrency Debt Issuance Programme, effective from 12 November 2025. This decision concludes the company’s financial arrangements under the programme, with no outstanding notes, and ceases all related appointments, potentially impacting its financial strategy and stakeholder engagements.

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.