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Beng Kuang Marine Ltd. (SG:BEZ)
SGX:BEZ
Singapore Market

Beng Kuang Marine Ltd. (BEZ) AI Stock Analysis

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SG:BEZ

Beng Kuang Marine Ltd.

(SGX:BEZ)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
S$0.33
▲(8.33% Upside)
Action:ReiteratedDate:11/30/25
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
Strong profit margins
Sustained high gross, EBIT and EBITDA margins indicate durable operational efficiency and disciplined cost control in shipbuilding and repair. These margins provide a structural buffer versus cyclicality, support reinvestment in yards and equipment, and underpin medium-term profitability resilience.
Negative Factors
Declining revenue
A persistent top-line decline reduces scale and yard utilization in a fixed-cost industry. Sustained negative revenue growth erodes pricing leverage and can pressure margins and working capital, making it harder to absorb downturns, maintain investment plans, and sustain long-term contract competitiveness.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profit margins
Sustained high gross, EBIT and EBITDA margins indicate durable operational efficiency and disciplined cost control in shipbuilding and repair. These margins provide a structural buffer versus cyclicality, support reinvestment in yards and equipment, and underpin medium-term profitability resilience.
Read all positive factors

Beng Kuang Marine Ltd. (BEZ) vs. iShares MSCI Singapore ETF (EWS)

Beng Kuang Marine Ltd. Business Overview & Revenue Model

Company Description
Beng Kuang Marine Limited, an investment holding company, provides infrastructure engineering and corrosion prevention services in Singapore, Asia, Europe, the Middle East, and internationally. It operates through Infrastructure Engineering, Corro...
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 ...

Beng Kuang Marine Ltd. Financial Statement Overview

Summary
Beng Kuang Marine Ltd. demonstrates solid financial performance with strong operational efficiency and improved leverage. Despite concerns about 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
68
Positive
Balance Sheet
72
Positive
Cash Flow
75
Positive
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue102.75M111.88M79.16M59.13M51.31M42.67M
Gross Profit36.89M38.73M24.91M12.52M11.90M-1.58M
EBITDA19.08M29.25M15.84M2.80M8.86M-6.53M
Net Income5.90M11.54M3.42M-21.83M-13.23M-15.40M
Balance Sheet
Total Assets78.46M74.11M63.00M57.39M79.43M93.41M
Cash, Cash Equivalents and Short-Term Investments25.63M22.92M12.19M6.71M7.04M4.88M
Total Debt8.03M8.24M14.14M22.19M25.25M29.79M
Total Liabilities45.38M45.64M51.15M52.41M60.59M61.21M
Stockholders Equity23.69M20.99M9.54M6.14M27.86M36.75M
Cash Flow
Free Cash Flow15.55M12.35M4.61M6.91M2.57M4.23M
Operating Cash Flow18.80M13.47M5.53M7.39M3.89M6.20M
Investing Cash Flow-4.80M6.03M12.13M-179.04K-1.10M-837.18K
Financing Cash Flow-7.23M-8.27M-11.81M-7.40M301.83K-5.75M

Beng Kuang Marine Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.30
Price Trends
50DMA
0.35
Positive
100DMA
0.32
Positive
200DMA
0.31
Positive
Market Momentum
MACD
0.02
Negative
RSI
61.07
Neutral
STOCH
90.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BEZ, the sentiment is Positive. The current price of 0.3 is below the 20-day moving average (MA) of 0.40, below the 50-day MA of 0.35, and below the 200-day MA of 0.31, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 61.07 is Neutral, neither overbought nor oversold. The STOCH value of 90.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:BEZ.

Beng Kuang Marine Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
S$125.16M43.88%0.49%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
63
Neutral
S$100.94M6.3019.38%2.11%-4.17%-54.26%
63
Neutral
S$61.25M6.4323.71%348.53%-86.29%20.88%
53
Neutral
S$27.19M10.6311.84%30.68%
53
Neutral
S$324.15M12.68%0.78%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:BEZ
Beng Kuang Marine Ltd.
0.45
0.28
161.76%
DE:O1U1
Penguin International Limited
1.08
0.44
68.75%
SG:1V3
Mooreast Holdings Ltd.
0.11
-0.02
-15.38%
SG:5UL
Atlantic Navigation Holdings (Singapore) Ltd.
0.12
0.08
192.50%
SG:A04
ASL Marine Holdings Ltd.
0.32
0.26
472.73%
SG:RXS
Pacific Radiance Ltd.
0.09
0.06
186.67%

Beng Kuang Marine Ltd. Corporate Events

Beng Kuang Marine Expands Share Base Through Warrant Exercise
Dec 9, 2025
Beng Kuang Marine Ltd. has announced the issuance and allotment of 200,000 new ordinary shares following the exercise of warrants at S$0.22 per share. This increases the company’s total issued shares to 208,987,973. The new shares will be li...
Beng Kuang Marine Expands Share Capital Through Warrant Exercise
Nov 13, 2025
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...
Beng Kuang Marine Secures S$15.9 Million in New Contracts
Nov 6, 2025
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 perfo...
Beng Kuang Marine Ltd. Completes Early Redemption of 2027 Bonds
Nov 5, 2025
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, poten...
Beng Kuang Marine Expands Share Capital Through Warrant Exercise
Nov 5, 2025
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 pote...
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.Date of analysis: Nov 30, 2025