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BH Global Corporation Limited
(SGX:BQN)
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Rating:55Neutral
Price Target:
S$0.09
▼(-18.18% Downside)
Action:Reiterated
Date:07/01/26
The score is held back primarily by weakening financial performance (revenue decline, negative EBIT, thin net margin) and a bearish technical trend (price below all major moving averages). These are partially offset by a relatively conservative balance sheet, improved 2025 cash generation, and a high dividend yield, though the elevated P/E tempers the valuation support.
Positive Factors
Conservative balance sheet
Moderate leverage (debt-to-equity ~0.34) and sizeable equity provide durable financial flexibility. This buffer lowers refinancing and solvency risk, supports operations through cycles, and enables strategic investments or dividend continuity without excessive external funding.
Negative Factors
Revenue decline and weaker operating profit
A 12.6% revenue drop to 48.3M alongside negative EBIT and a compressed net margin (~2.2%) signals persistent demand or competitive pressures. Eroding top-line and operating losses undermine operating leverage, reduce reinvestment capacity, and make sustained dividend or growth strategies harder to execute.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Moderate leverage (debt-to-equity ~0.34) and sizeable equity provide durable financial flexibility. This buffer lowers refinancing and solvency risk, supports operations through cycles, and enables strategic investments or dividend continuity without excessive external funding.
Read all positive factors
BH Global Corporation Limited (BQN) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$26.40M
Dividend Yield5.68%
Average Volume (3M)6.65K
Price to Earnings (P/E)24.4
Beta (1Y)-0.09
Revenue Growth-20.00%
EPS Growth-60.00%
CountrySG
Employees176
SectorIndustrials
Sector Strength72
IndustryIndustrial - Distribution
Share Statistics
EPS (TTM)<0.01
Shares Outstanding300,000,000
10 Day Avg. Volume6,840
30 Day Avg. Volume6,646
Financial Highlights & Ratios
PEG Ratio-0.50
Price to Book (P/B)0.62
Price to Sales (P/S)0.67
P/FCF Ratio9.65
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
BH Global Corporation Limited Business Overview & Revenue Model
Company Description
BH Global Corporation Limited, an investment holding firm based in Singapore, delivers a broad spectrum of technical and electrical solutions to clients both domestically and internationally. Established in 1963, this subsidiary of Beng Hui Holdin...
How the Company Makes Money
null...
BH Global Corporation Limited Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
67
Positive
Cash Flow
62
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 48.31M | 60.38M | 59.15M | 55.19M | 46.84M |
| Gross Profit | 19.45M | 24.55M | 24.40M | 23.14M | 19.44M |
| EBITDA | 3.08M | 5.50M | 6.45M | 5.40M | 7.17M |
| Net Income | 1.08M | 2.69M | 3.46M | 2.87M | 4.97M |
Balance Sheet | |||||
| Total Assets | 82.36M | 88.84M | 88.36M | 88.11M | 84.63M |
| Cash, Cash Equivalents and Short-Term Investments | 4.34M | 5.30M | 5.30M | 5.74M | 9.60M |
| Total Debt | 17.84M | 20.17M | 15.98M | 16.50M | 16.30M |
| Total Liabilities | 29.94M | 33.32M | 32.96M | 34.08M | 31.14M |
| Stockholders Equity | 51.99M | 57.12M | 56.30M | 54.14M | 53.17M |
Cash Flow | |||||
| Free Cash Flow | 3.36M | -1.35M | 2.19M | -2.00M | 4.64M |
| Operating Cash Flow | 4.91M | 761.00K | 5.34M | -583.00K | 6.54M |
| Investing Cash Flow | -592.00K | -1.67M | -2.77M | -1.02M | -727.00K |
| Financing Cash Flow | -5.17M | 1.04M | -2.99M | -2.27M | -8.28M |
BH Global Corporation Limited Technical Analysis
Neutral
0.11
Price Trends
0.09
Positive
0.10
Negative
0.10
Negative
Market Momentum
>-0.01
Negative
67.73
Neutral
60.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BQN, the sentiment is Neutral. The current price of 0.11 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.09, and above the 200-day MA of 0.10, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 67.73 is Neutral, neither overbought nor oversold. The STOCH value of 60.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SG:BQN.
BH Global Corporation Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | S$431.25M | 4.41 | 41.48% | ― | -6.04% | 33.67% | |
72 Outperform | S$496.56M | 11.71 | 4.77% | 0.60% | 25.71% | 175.44% | |
69 Neutral | S$513.83M | 5.17 | 11.14% | 7.98% | 11.38% | 6.33% | |
65 Neutral | S$344.73M | 11.24 | 12.68% | 0.78% | ― | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | S$26.40M | 24.44 | 3.21% | 4.67% | -20.00% | -60.00% |
* Industrials Sector Average
SG:BQN
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BH Global Corporation Limited Corporate Events
BH Global Extends Deadline on Subsidiary Spin-Off and Debt Settlement Plan
Jun 29, 2026
BH Global Corporation Limited has updated investors on its planned spin-off listing of a subsidiary within the SFT Group, linked to an earlier debt assignment and settlement arrangement. The group has been working to realise value from this invest...
BH Global shareholders back all AGM resolutions, refresh board and renew mandates
May 21, 2026
Shareholders of BH Global Corporation Limited convened for the company’s annual general meeting on 27 April 2026 in Singapore, where the board presented an overview of group performance and financial highlights before proceeding to formal bu...
BH Global reshapes board and committees after lead independent director retires
Apr 27, 2026
BH Global Corporation Limited has reshaped its boardroom line-up following the retirement of lead independent director Henry Tan at the conclusion of its 27 April 2026 annual general meeting. The company has named existing independent director Jul...
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.