Tiong Woon Corporation Holding Ltd (BQM) AI Stock Analysis

• Market Cap: S$135.86M
• Dividend Yield: 1.02%
• Average Volume (3M): 34.31K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.19
• Revenue Growth: 1.01%
• EPS Growth: 1.33%
• Country: SG
• Employees: 1,223
• Sector: Industrials
• Sector Strength: 83
• Industry: Rental & Leasing Services
• EPS (TTM): 0.08
• Shares Outstanding: 232,235,240
• 10 Day Avg. Volume: 16,390
• 30 Day Avg. Volume: 34,313
• PEG Ratio: 2.02
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.66
• 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

Tiong Woon Corporation Holding Ltd scores well due to its strong financial performance with consistent revenue and cash flow growth, efficient balance sheet management, and attractive valuation. The technical indicators suggest a neutral market sentiment, which moderates the overall score. While the company's fundamentals are robust, improvement in cost management could enhance its profitability further.

Tiong Woon Corporation Holding Ltd Business Overview & Revenue Model

Company Description

Tiong Woon Corporation Holding Ltd (BQM) is a leading integrated services provider within the oil and gas, petrochemical, infrastructure, and construction sectors. The company specializes in providing heavy lift and haulage services, offering a comprehensive range of equipment and solutions to support large-scale industrial projects. Tiong Woon operates across Southeast Asia, with a strong presence in countries like Singapore, Malaysia, and Indonesia, and is recognized for its expertise in handling complex logistics and engineering challenges.

How the Company Makes Money

Tiong Woon Corporation Holding Ltd generates revenue primarily through its heavy lift and haulage services, which include the rental and operation of cranes and other heavy machinery crucial for construction and industrial projects. The company earns money by leasing out these specialized equipment and providing skilled personnel to operate them, ensuring safe and efficient project execution. Additionally, Tiong Woon offers project management services, logistics, and engineering consultancy, further diversifying its revenue streams. Strategic partnerships and long-term contracts with major players in the oil and gas, infrastructure, and construction sectors significantly contribute to the company's earnings, enhancing its stability and growth potential in competitive markets.

Tiong Woon Corporation Holding Ltd Financial Statement Overview

Summary

Tiong Woon Corporation Holding Ltd presents a strong financial profile with consistent revenue growth and profitability. The company's robust balance sheet underpins its operational stability, while efficient cash flow management suggests sound financial health. Continuous revenue and cash flow growth, coupled with prudent debt management, position the company well for future growth, although attention to cost controls could enhance profit margins further.

Income Statement

Tiong Woon Corporation Holding Ltd has demonstrated strong revenue growth with a TTM (Trailing-Twelve-Months) revenue increase of 8.4% compared to the previous year. The company maintains solid profitability, with a TTM gross profit margin of 38.5% and a net profit margin of 13.3%. The EBIT margin of 37% and EBITDA margin of 35% reflect efficient operations. However, the slight decline in gross profit margin over the past year indicates room for improvement in cost management.

Balance Sheet

The balance sheet displays a healthy equity ratio of 59%, suggesting strong capital structure and financial stability. The debt-to-equity ratio of 0.34 indicates moderate leverage, which is manageable. Return on equity (ROE) stands at 6.1%, reflecting modest returns on shareholders' investments. The company's ability to maintain a strong equity position while controlling debt levels is a key strength.

Cash Flow

The company shows robust cash flow management with a notable free cash flow growth of 48.2% in the latest period. Operating cash flow to net income ratio of 2.4 reveals efficient conversion of income into cash. The free cash flow to net income ratio of 1.04 underscores the company's capacity to generate cash beyond its net income, though capital expenditures have increased, suggesting potential future growth investments.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
146.66M	143.13M	135.81M	122.59M	112.95M	124.69M
	Gross Profit
56.45M	58.98M	54.15M	49.34M	42.44M	43.00M
	EBIT
54.24M	23.22M	21.93M	20.85M	17.40M	18.71M
	EBITDA
51.29M	60.30M	56.30M	51.05M	48.85M	48.33M
	Net Income Common Stockholders
19.49M	18.21M	15.70M	11.39M	9.87M	7.58M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
72.55M	81.30M	75.69M	56.19M	45.81M	39.71M
	Total Assets
540.00M	519.06M	491.51M	476.26M	459.33M	461.43M
	Total Debt
108.08M	92.81M	99.25M	116.27M	117.03M	124.60M
	Net Debt
35.79M	11.73M	23.74M	60.30M	71.52M	85.22M
	Total Liabilities
221.59M	209.70M	198.22M	195.36M	188.39M	202.13M
	Stockholders Equity
318.39M	309.35M	293.36M	280.92M	270.92M	259.20M
Cash Flow		Free Cash Flow
20.35M	13.73M	39.93M	23.75M	21.09M	48.55M
	Operating Cash Flow
47.31M	39.52M	43.52M	36.96M	29.06M	54.48M
	Investing Cash Flow
-3.60M	-9.98M	5.33M	-9.78M	-5.09M	-4.80M
	Financing Cash Flow
-32.67M	-24.53M	-29.22M	-17.00M	-17.64M	-24.61M

Tiong Woon Corporation Holding Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.58
• 50DMA: Positive
• 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:BQM, the sentiment is Positive. The current price of 0.58 is above the 20-day moving average (MA) of 0.57, above the 50-day MA of 0.58, and above the 200-day MA of 0.55, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.23 is Neutral, neither overbought nor oversold. The STOCH value of 76.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:BQM.

Tiong Woon Corporation Holding Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BQM	75 Outperform	S$135.86M	6.96	6.28%	1.02%	1.01%	1.33%
558	73 Outperform	$784.53M	18.29	9.67%	50261.86%	-10.02%	-26.38%
5UL	67 Neutral	S$31.41M	0.44	33.94%	263.33%	-35.90%	196.98%
Sector *	64 Neutral	$4.30B	11.88	5.23%	249.82%	4.12%	-10.27%

Tiong Woon Corporation Holding Ltd Corporate Events

Tiong Woon Corporation Posts Revenue Growth Amid Market Challenges

Tiong Woon Corporation Holding Ltd reported a revenue of $78.8 million for the first half of fiscal year 2025, marking a 5% increase compared to the previous year. Despite a decrease in gross profit and margin, net profit attributable to equity holders rose by 12% to $12.1 million. The company plans to enhance operational efficiency and customer satisfaction amid challenging geopolitical conditions to strengthen its market position.