Rex International Holding Ltd. (SG:5WH)
SGX:5WH
Want to see SG:5WH full AI Analyst Report?
Top Page
Rex International Holding Ltd.
(SGX:5WH)
Select Model
Select Model
Rating:47Neutral
Price Target:
S$0.14
▲(2.86% Upside)
Action:Reiterated
Date:10/29/25
Rex International Holding Ltd. faces significant challenges with profitability and financial stability, reflected in a low financial performance score. Technical indicators suggest bearish momentum, while valuation metrics highlight ongoing financial losses. The absence of earnings call data and corporate events limits additional insights.
Positive Factors
Revenue Growth
Sustained double-digit revenue growth indicates the company is expanding commercial activity or realising value from assets and operations. Over a multi‑month horizon this underpins investment capacity for exploration and development and supports scaling initiatives independent of short-term oil price moves.
Negative Factors
Persistent Negative Profitability
Ongoing negative net margins signal the company has not converted revenue growth into sustainable profits. Over months this erodes retained earnings, limits reinvestment capacity, and makes the firm reliant on external capital; it weakens long‑term financial resilience in a cyclical industry.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained double-digit revenue growth indicates the company is expanding commercial activity or realising value from assets and operations. Over a multi‑month horizon this underpins investment capacity for exploration and development and supports scaling initiatives independent of short-term oil price moves.
Read all positive factors
Rex International Holding Ltd. (5WH) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$92.75M
Dividend YieldN/A
Average Volume (3M)10.91M
Price to Earnings (P/E)―
Beta (1Y)0.78
Revenue Growth4.48%
EPS Growth-216.47%
CountrySG
Employees59
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.08
Shares Outstanding1,357,440,900
10 Day Avg. Volume9,227,870
30 Day Avg. Volume10,906,893
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.85
Price to Sales (P/S)0.39
P/FCF Ratio-4.03
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)0.04
Revenue Forecast (FY)S$527.60M
Rex International Holding Ltd. Business Overview & Revenue Model
Company Description
Rex International Holding Limited, established in Singapore in 2013, operates as an investment holding company with a primary focus on upstream oil and gas exploration and production. Its operations are divided into two key segments. The Oil and G...
How the Company Makes Money
Rex International generates revenue primarily through the exploration and production of oil and gas. The company earns money by acquiring interests in oil fields, then extracting and selling the resources produced. Key revenue streams include the ...
Rex International Holding Ltd. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
40
Negative
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 298.88M | 222.39M | 170.26M | 158.47M | 0.00 |
| Gross Profit | 0.00 | 99.13M | 64.48M | 64.04M | 81.33M | 0.00 |
| EBITDA | -1.58K | 121.61M | 64.64M | 38.59M | 110.91M | -1.84K |
| Net Income | -2.71K | -41.05M | -63.91M | -1.00M | -1.81K | -2.07K |
Balance Sheet | ||||||
| Total Assets | 634.42M | 572.28M | 613.22M | 668.56M | 543.16M | 6.97K |
| Cash, Cash Equivalents and Short-Term Investments | 107.66M | 130.17M | 114.04M | 138.80M | 86.91M | 4.57K |
| Total Debt | 172.22M | 143.88M | 106.21M | 92.99M | 56.19M | 0.00 |
| Total Liabilities | 604.85M | 508.31M | 498.46M | 480.07M | 343.90M | 54.00 |
| Stockholders Equity | 34.23M | 62.40M | 105.51M | 176.55M | 186.36M | 6.92K |
Cash Flow | ||||||
| Free Cash Flow | -1.34K | -28.65M | -15.69M | 32.47M | 15.49M | -1.67K |
| Operating Cash Flow | -1.34K | 84.50M | 52.01M | 169.06M | 89.40M | -1.67K |
| Investing Cash Flow | -69.00 | -85.00M | -63.04M | -137.26M | -74.00M | -61.00 |
| Financing Cash Flow | 959.00 | 26.62M | -10.16M | 21.92M | 13.14M | 6.11K |
Rex International Holding Ltd. Technical Analysis
Negative
0.14
Price Trends
0.08
Negative
0.11
Negative
0.14
Negative
Market Momentum
>-0.01
Negative
26.93
Positive
46.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:5WH, the sentiment is Negative. The current price of 0.14 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.08, and above the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 26.93 is Positive, neither overbought nor oversold. The STOCH value of 46.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:5WH.
Rex International Holding Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | S$200.42M | 12.62 | 5.70% | ― | -19.38% | 24.53% | |
55 Neutral | S$99.84M | 6.27 | 6.68% | ― | -18.98% | -75.38% | |
49 Neutral | S$783.27M | 29.02 | 3.39% | 2.00% | 1.02% | ― | |
47 Neutral | S$92.75M | -0.92 | >-0.01% | ― | 4.48% | -216.47% |
* Energy Sector Average
SG:5WH
Rex International Holding Ltd.
0.07
-0.15
-67.91%
SG:5GI
Interra Resources Ltd.
0.04
0.00
0.00%
SG:C9Q
Sinostar PEC Holdings Limited
0.10
-0.05
-30.67%
SG:DU4
Mermaid Maritime Public Co., Ltd.
0.11
>-0.01
-7.83%
SG:RE4
Geo Energy Resources Ltd.
0.44
0.09
26.80%
SG:T13
RH Petrogas Limited
0.15
-0.05
-26.87%
Rex International Holding Ltd. Corporate Events
Rex Subsidiary Completes Key Production Well at Benin’s Sèmè Field
Feb 3, 2026
Rex International Holding’s indirect subsidiary Akrake Petroleum Benin S.A. has successfully completed drilling the AK-2H production well in the Sèmè Field offshore Benin, achieving 1,405 metres of horizontal drilling through the A...
Rex’s Lime Petroleum Hits New Knockando Fensfjord Discovery in Norway’s Brage Field
Feb 2, 2026
Rex International Holding has announced a new hydrocarbon discovery in the Knockando Fensfjord prospect within Norway’s Brage Field, where its indirect subsidiary Lime Petroleum holds a 33.8434% interest. Preliminary estimates from the Norwe...
Rex Subsidiary Masirah Oil Secures Jack-Up Rig for New Yumna Field Drilling Campaign in Oman
Jan 29, 2026
Rex International Holding’s indirect subsidiary Masirah Oil Limited has secured the Energy Emerger jack-up drilling rig, operated by Northern Offshore Drilling Operations, for a multi-well development programme in the offshore Yumna Field in...
Rex International Completes Reverse Takeover Listing of Xer Sweden on Spotlight Market
Jan 28, 2026
Rex International Holding Limited has completed the proposed transaction and transfer under a conditional share purchase agreement involving its technology subsidiary Xer Sweden and Swedish-listed RVN. Following completion, Xer Sweden is now wholl...
Rex Subsidiary Wins Approval to Defer Bond Interest and Ease Liquidity Covenants
Jan 26, 2026
Rex International Holding said its subsidiary Lime Petroleum Holding has secured bondholders’ approval to defer interest payments due in January 2026 on its outstanding bonds and to temporarily waive and suspend the bonds’ minimum liqu...
Rex International Nears First Oil from New AK-2H Well in Benin’s Sèmè Field
Jan 26, 2026
Rex International’s indirect subsidiary Akrake Petroleum Benin is nearing completion of drilling operations on the AK-2H production well in the Sèmè Field in Block 1 offshore Benin, with the well expected to be ready for production...
Rex’s Lime Petroleum Expands North Sea Portfolio With New Licence and Brage Output
Jan 19, 2026
Rex International’s Norwegian subsidiary Lime Petroleum AS has strengthened its North Sea position after being awarded a 25 per cent stake in production licence PL1279, which contains the Vette discovery and is planned to be developed in con...
Rex International Affirms Fairness of Xer Sweden Spin-Off Terms in RVN–Monarch Share Deal
Jan 13, 2026
Rex International Holding Limited has provided an update on the proposed acquisition of shares in Renewable Ventures Nordic AB (RVN) by Monarch Marine Holding Ltd, linked to the planned spin-off involving Xer Sweden. Under the arrangement, RVN wil...
Rex’s Akrake Petroleum Targets Late-January 2026 First Oil at Benin’s Sèmè Field
Jan 12, 2026
Rex International Holding’s indirect subsidiary Akrake Petroleum Benin S.A. is on track to commence production at the offshore Sèmè Field in Block 1, Benin, by the end of January 2026, following completion of the AK-2H horizontal p...
Rex Subsidiary Seeks Interest Payment Deferral Amid Sèmè Field Challenges
Jan 12, 2026
Rex International’s subsidiary Lime Petroleum Holding AS has asked bondholders of its 2027 and 2028 bonds to approve a deferment of interest payments due in January 2026 to no later than 31 March 2026, and to temporarily waive minimum liquid...
Rex International Posts 7,959 boepd December Output as Norwegian Drilling Wraps Up
Jan 9, 2026
Rex International reported total production of 7,959 barrels of oil equivalent per day (boepd) in December 2025 from its operations in Norway, Oman and Germany, underscoring the continued contribution of its diversified asset base. Its Norwegian s...
Rex International Faces Further Technical Setbacks at Benin’s Sèmè Field, Delaying 2025 Production
Dec 24, 2025
Rex International Holding has reported further significant technical issues in its ongoing drilling campaign at the Sèmè Field in Benin, meaning that production from the field will not commence in 2025 as previously expected. Drilling op...
Rex International Cuts Portfolio of Quoted Investments, Trimming Balance Sheet Exposure
Dec 23, 2025
Rex International Holding Limited has reduced its holdings in quoted securities, disposing of certain quoted debt investments and lowering the aggregate cost of its quoted investment portfolio from US$10.32 million to US$6.83 million as at 23 Dece...
Rex International Reports November 2025 Production Update
Dec 10, 2025
Rex International Holding Ltd. announced that its total oil production for November 2025 from operations in Norway, Oman, and Germany reached 10,417 barrels of oil equivalent per day (boepd). The company’s subsidiary, Lime Petroleum AS, repo...
Rex International’s Jasmine Energy Secures $25 Million for Oman Drilling
Dec 8, 2025
Rex International Holding Ltd.’s subsidiary, Jasmine Energy Limited, has successfully raised US$25 million through a bond issue to fund a drilling campaign in the Yumna Field, Oman. This initiative aims to increase oil flow rates and extend ...
Rex International Announces CEO Medical Leave; Interim Leadership Appointed
Nov 21, 2025
Rex International Holding Ltd. announced that its CEO, Mr. Måns Lidgren, will take an extended medical leave starting November 21, 2025. During his absence, CFO Mr. Per Lind will serve as Interim CEO, supported by Executive Chairman Mr. John ...
Rex International Updates on Sèmè Field Drilling Campaign in Benin
Nov 19, 2025
Rex International Holding Ltd. has announced updates regarding its ongoing three-well drilling campaign in the Sèmè Field, Benin. The project has faced technical challenges causing delays, but efforts are underway to resolve these issues...
Rex International Reports October 2025 Production Update
Nov 12, 2025
Rex International Holding Ltd. reported a total production of 9,286 barrels of oil equivalent per day (boepd) from its operations in Norway, Oman, and Germany for October 2025. Lime Petroleum AS, a subsidiary of Rex, announced that its net product...
Rex International’s Subsidiary to Go Public via Reverse Takeover
Nov 12, 2025
Rex International Holding Ltd. has announced a strategic move involving its subsidiary, Xer Tech AB, through a reverse takeover by Renewable Ventures Nordic AB (RVN) with the aim of listing Xer Tech AB on the Sweden Spotlight Stock Market. This tr...
Rex International Reports Q3 2025 Expenditures in Global Exploration and Production
Nov 7, 2025
Rex International Holding Ltd. reported its use of funds for the third quarter of 2025, highlighting significant expenditures in exploration and production activities across Oman, Norway, Benin, and Germany. The company noted higher than projected...
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.