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Hotung Investment Holdings Limited
(SGX:BLS)
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Rating:67Neutral
Price Target:
S$2.00
â–²(42.86% Upside)
Action:Reiterated
Date:07/01/26
The score is primarily supported by strong reported profitability and an exceptionally low-debt balance sheet, but is held back by volatile and recently negative cash flow (weak cash conversion) and uneven revenue consistency. Technically, the stock shows a mildly positive trend versus key moving averages, while valuation is mixed due to a high dividend yield but an uninformative negative P/E.
Positive Factors
High profitability and margins
Sustained high operating and net margins indicate the company extracts strong returns from its core activities. Durable margins provide buffer in downturns, support reinvestment or distributions, and reflect structural advantages in cost or pricing that can persist absent major business-model shifts.
Negative Factors
Volatile and recently negative cash flow
Negative and volatile operating/free cash flow undermines earnings quality and raises funding predictability concerns. Over the medium term this can constrain capital allocation, force asset sales or external financing, and weaken the link between reported profit and real cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability and margins
Sustained high operating and net margins indicate the company extracts strong returns from its core activities. Durable margins provide buffer in downturns, support reinvestment or distributions, and reflect structural advantages in cost or pricing that can persist absent major business-model shifts.
Read all positive factors
Hotung Investment Holdings Limited (BLS) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$153.79M
Dividend Yield7.76%
Average Volume (3M)12.02K
Price to Earnings (P/E)9.5
Beta (1Y)0.39
Revenue Growth6.11%
EPS Growth33.04%
CountrySG
Employees30
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)4.23
Shares Outstanding104,660,670
10 Day Avg. Volume10,450
30 Day Avg. Volume12,020
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)0.55
Price to Sales (P/S)7.23
P/FCF Ratio-29.95
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)N/A
Revenue Forecast (FY)N/A
Hotung Investment Holdings Limited Business Overview & Revenue Model
Company Description
Hotung Investment Holdings Limited functions as an investment holding firm, primarily focusing on venture capital endeavors. Its global operations span across Taiwan, China, Israel, the United States, and the United Kingdom. The company is structu...
Hotung Investment Holdings Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
48
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 454.70M | 431.83M | 325.64M | 230.89M | 1.03B |
| Gross Profit | 445.95M | 337.78M | 244.17M | 142.55M | 914.49M |
| EBITDA | 311.96M | 290.14M | 206.70M | 112.61M | 856.69M |
| Net Income | 204.63M | 158.19M | 96.80M | 49.40M | 624.22M |
Balance Sheet | |||||
| Total Assets | 6.44B | 6.62B | 6.46B | 6.55B | 6.79B |
| Cash, Cash Equivalents and Short-Term Investments | 2.22B | 1.90B | 1.89B | 1.64B | 2.34B |
| Total Debt | 18.52M | 18.55M | 34.01M | 7.84M | 16.08M |
| Total Liabilities | 360.38M | 389.54M | 330.59M | 265.37M | 333.15M |
| Stockholders Equity | 5.98B | 6.13B | 6.04B | 6.19B | 6.32B |
Cash Flow | |||||
| Free Cash Flow | -109.69M | 293.45M | 530.87M | -246.04M | 1.75B |
| Operating Cash Flow | -109.33M | 294.13M | 530.87M | -246.04M | 1.75B |
| Investing Cash Flow | -367.19K | -676.00K | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -284.06M | -268.17M | -278.14M | -551.87M | -483.15M |
Hotung Investment Holdings Limited Peers Comparison
UnderperformOutperform
Sector (68)
SG:BLS
Hotung Investment Holdings Limited
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26.08%
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Plato Capital Limited
3.05
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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.