Beng Kuang Marine Ltd. (BEZ) AI Stock Analysis

• Market Cap: S$58.52M
• Dividend Yield: 2.14%
• Average Volume (3M): 1.82M
• Price to Earnings (P/E): 9.5
• Beta (1Y): 1.62
• Revenue Growth: -4.17%
• EPS Growth: -54.26%
• Country: SG
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): N/A
• Shares Outstanding: 208,987,980
• 10 Day Avg. Volume: 940,000
• 30 Day Avg. Volume: 1,821,280
• PEG Ratio: 0.02
• Price to Book (P/B): 2.14
• Price to Sales (P/S): 0.40
• P/FCF Ratio: 3.63
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: S$0.28 ▲(4.44% Upside)

Beng Kuang Marine Ltd.'s overall stock score is driven by its solid financial performance and attractive valuation. However, the technical analysis indicates bearish momentum, which weighs down the overall score. The lack of earnings call data and corporate events does not impact the score due to their exclusion.

Positive Factors

Operational Efficiency

Strong EBIT and EBITDA margins indicate effective cost control and operational efficiency, which can sustain profitability even in challenging market conditions.

Cash Flow Management

Positive free cash flow growth reflects strong cash generation, enabling the company to reinvest in its business and support long-term growth initiatives.

Balance Sheet Health

A lower debt-to-equity ratio indicates reduced leverage, enhancing financial stability and providing flexibility for future investments or downturns.

Negative Factors

Revenue Decline

Declining revenue growth suggests challenges in market demand or competitive pressures, which could impact long-term sales and market position.

Profitability Pressure

Reduced net profit margins indicate declining profitability, which may affect the company's ability to invest in growth and maintain competitive advantages.

Earnings Decline

A significant decline in EPS growth reflects decreased earnings power, potentially impacting investor confidence and the ability to fund future initiatives.

Beng Kuang Marine Ltd. Business Overview & Revenue Model

Company Description

Beng Kuang Marine Ltd. (BEZ) is a Singapore-based company specializing in the marine and offshore industry. The company operates primarily in sectors such as shipbuilding, ship repair, and marine engineering. BEZ offers a variety of services including but not limited to vessel fabrication, maintenance, and refurbishment, as well as providing marine equipment and spare parts to support the operational needs of maritime clients.

How the Company Makes Money

Beng Kuang Marine Ltd. generates revenue through multiple streams, primarily from its shipbuilding and repair services, which involve constructing new vessels and performing maintenance and upgrades on existing ones. The company also earns income from the sale of marine equipment and spare parts, catering to both local and international markets. Additionally, BEZ may engage in long-term contracts with shipping companies and offshore service providers, which provide a steady revenue flow. Strategic partnerships with key players in the marine and offshore sectors further enhance its business opportunities and operational efficiency, contributing positively to its financial performance.

Beng Kuang Marine Ltd. Financial Statement Overview

Summary

Beng Kuang Marine Ltd. demonstrates solid financial performance with strong operational efficiency and improved leverage. Despite declining revenue and net profit margins, the company maintains robust EBIT and EBITDA margins. The balance sheet reflects a healthy capital structure with reduced debt levels, and the cash flow statement indicates effective cash management.

Income Statement

Beng Kuang Marine Ltd. has shown a mixed performance in its income statement. The company has a healthy gross profit margin of 35.91% in TTM, indicating efficient cost management. However, the net profit margin has decreased to 5.75% in TTM from 10.31% in the previous year, reflecting reduced profitability. The revenue growth rate is negative at -4.26% in TTM, indicating a decline in sales. Despite this, the EBIT and EBITDA margins remain strong at 16.79% and 18.57% respectively, showcasing operational efficiency.

Balance Sheet

The balance sheet of Beng Kuang Marine Ltd. shows a stable financial position with a debt-to-equity ratio of 0.34 in TTM, which is a significant improvement from previous years, indicating reduced leverage. The return on equity is strong at 26.43% in TTM, reflecting effective use of equity to generate profits. The equity ratio stands at 30.18%, suggesting a balanced capital structure with adequate equity financing.

Cash Flow

The cash flow statement reveals a positive trend with a free cash flow growth rate of 6.30% in TTM, indicating improved cash generation. The operating cash flow to net income ratio is 0.49, suggesting that the company is generating sufficient cash from operations relative to its net income. The free cash flow to net income ratio is 0.83, highlighting strong cash flow management and the ability to cover net income with free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	102.75M	111.88M	79.16M	59.13M	51.31M	42.67M
Gross Profit	36.89M	38.73M	24.91M	12.52M	11.90M	-1.58M
EBITDA	19.08M	29.25M	15.84M	2.80M	8.86M	-6.53M
Net Income	5.90M	11.54M	3.42M	-21.83M	-13.23M	-15.40M
Balance Sheet
Total Assets	78.46M	74.11M	63.00M	57.39M	79.43M	93.41M
Cash, Cash Equivalents and Short-Term Investments	25.63M	22.92M	12.19M	6.71M	7.04M	4.88M
Total Debt	8.03M	8.24M	14.14M	22.19M	25.25M	29.79M
Total Liabilities	45.38M	45.64M	51.15M	52.41M	60.59M	61.21M
Stockholders Equity	23.69M	20.99M	9.54M	6.14M	27.86M	36.75M
Cash Flow
Free Cash Flow	15.55M	12.35M	4.61M	6.91M	2.57M	4.23M
Operating Cash Flow	18.80M	13.47M	5.53M	7.39M	3.89M	6.20M
Investing Cash Flow	-4.80M	6.03M	12.13M	-179.04K	-1.10M	-837.18K
Financing Cash Flow	-7.23M	-8.27M	-11.81M	-7.40M	301.83K	-5.75M

Beng Kuang Marine Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BEZ, the sentiment is Negative. The current price of 0.27 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.31, and above the 200-day MA of 0.25, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.62 is Neutral, neither overbought nor oversold. The STOCH value of 21.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:BEZ.

Beng Kuang Marine Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5UL	76 Outperform	S$55.49M	1.17	5.32%	345.15%	-86.29%	20.88%
RXS	72 Outperform	S$138.25M	3.75	―	0.53%	―	―
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BEZ	63 Neutral	S$58.52M	9.49	28.37%	2.14%	-4.17%	-54.26%
A04	61 Neutral	S$252.11M	16.55	―	0.78%	―	―
1V3	48 Neutral	S$32.38M	12.58	11.84%	―	30.68%	―

Beng Kuang Marine Ltd. Corporate Events

Beng Kuang Marine Expands Share Capital Through Warrant Exercise

Beng Kuang Marine Ltd. announced the issuance of 300,000 new ordinary shares following the exercise of warrants at an exercise price of S$0.22 per share, increasing the total number of issued shares to 208,787,973. This move is part of the company’s ongoing financial strategies and is expected to enhance its market position by increasing its share capital, with the new shares set to be listed on the Singapore Exchange.

Beng Kuang Marine Secures S$15.9 Million in New Contracts

Beng Kuang Marine Limited has secured new projects worth S$15.9 million under its Infrastructure Engineering Division, boosting its total contract value to S$22.1 million. These contracts are expected to enhance the company’s financial performance and market positioning, providing revenue visibility and validating its strategic efforts to expand its deck equipment and shipbuilding activities.

Beng Kuang Marine Ltd. Completes Early Redemption of 2027 Bonds

Beng Kuang Marine Ltd. has announced the early redemption of its 2027 Bonds, which were fully redeemed on November 4, 2025. This strategic financial move indicates the company’s proactive approach in managing its financial obligations, potentially strengthening its market position and reassuring stakeholders of its financial health.

Beng Kuang Marine Expands Share Capital Through Warrant Exercise

Beng Kuang Marine Ltd. has issued 600,000 new ordinary shares following the exercise of warrants at S$0.22 per share, increasing its total issued shares to 208,487,973. This move reflects the company’s strategic financial maneuvering to potentially enhance its market position and liquidity, with the new shares expected to be listed on the Singapore Exchange soon.

Beng Kuang Marine Expands Share Capital Through Warrant Exercise

Beng Kuang Marine Ltd. has announced the issuance of 556,000 new ordinary shares following the exercise of warrants at an exercise price of S$0.22 per share, increasing the total number of issued shares to 207,887,973. This move is expected to enhance the company’s capital structure and could potentially impact its market positioning by providing additional financial resources for future growth and operations.

Beng Kuang Marine Ltd. Discontinues Cattle Line Business

Beng Kuang Marine Ltd. has announced the discontinuation of its Cattle Line business segment, following a court decision to discharge the liquidators and dissolve Cattle Line Two Pte. Ltd. This move marks a significant shift in the company’s operational focus, potentially impacting its market positioning and stakeholder interests as it moves away from this business line.