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A-Sonic Aerospace
(SGX:BTJ)
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Rating:61Neutral
Price Target:
S$0.53
▲(21.14% Upside)
Action:Downgraded
Date:07/01/26
The score is driven primarily by solid solvency and balance-sheet strength, offset by volatile revenue and thin margins. Technicals are a headwind with the stock trading below key short- and medium-term moving averages, while valuation is broadly reasonable but not compelling given the modest dividend yield.
Positive Factors
Conservative balance sheet / low leverage
Very low leverage and stable-to-rising equity give A-Sonic durable financial flexibility in a cyclical logistics sector. Low debt reduces default and refinancing risk, supports counter-cyclical investment or capacity adjustments, and preserves options through downturns.
Negative Factors
Revenue volatility and demand risk
A large, rapid revenue swing undermines predictability of cash flows and capacity utilization. Persistent demand volatility complicates network planning, pushes up per-unit costs when volumes drop, and weakens long-term growth visibility for capital allocation decisions.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
Very low leverage and stable-to-rising equity give A-Sonic durable financial flexibility in a cyclical logistics sector. Low debt reduces default and refinancing risk, supports counter-cyclical investment or capacity adjustments, and preserves options through downturns.
Read all positive factors
A-Sonic Aerospace (BTJ) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$50.58M
Dividend Yield1.09%
Average Volume (3M)51.29K
Price to Earnings (P/E)12.9
Beta (1Y)-0.03
Revenue Growth-18.82%
EPS Growth1.91%
CountrySG
Employees566
SectorIndustrials
Sector Strength72
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)0.02
Shares Outstanding100,156,020
10 Day Avg. Volume38,710
30 Day Avg. Volume51,290
Financial Highlights & Ratios
PEG Ratio2.09
Price to Book (P/B)0.79
Price to Sales (P/S)0.17
P/FCF Ratio12.01
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
A-Sonic Aerospace Business Overview & Revenue Model
Company Description
Established in Singapore in 2003, A-Sonic Aerospace Limited operates as an investment holding company with core activities spanning the aviation and logistics sectors. The firm maintains a broad international presence, conducting business across A...
How the Company Makes Money
null...
A-Sonic Aerospace Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
78
Positive
Cash Flow
62
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 232.50M | 275.94M | 216.03M | 378.78M | 459.65M |
| Gross Profit | 11.08M | 6.04M | 4.74M | 10.51M | 16.57M |
| EBITDA | 5.74M | 5.76M | 3.07M | 8.34M | 12.35M |
| Net Income | 3.09M | 2.88M | 983.00K | 4.88M | 6.62M |
Balance Sheet | |||||
| Total Assets | 88.58M | 88.00M | 87.43M | 96.22M | 107.00M |
| Cash, Cash Equivalents and Short-Term Investments | 45.84M | 45.43M | 47.57M | 49.82M | 39.44M |
| Total Debt | 2.15M | 1.93M | 1.71M | 2.20M | 1.48M |
| Total Liabilities | 36.60M | 39.65M | 41.66M | 50.23M | 63.76M |
| Stockholders Equity | 50.56M | 47.26M | 45.03M | 44.61M | 42.28M |
Cash Flow | |||||
| Free Cash Flow | 3.31M | -1.11M | 344.00K | 11.65M | 11.81M |
| Operating Cash Flow | 5.77M | -559.00K | 1.02M | 12.11M | 12.65M |
| Investing Cash Flow | -2.18M | 981.00K | 731.00K | 27.00K | -601.00K |
| Financing Cash Flow | -3.66M | -1.36M | -4.02M | -3.51M | -3.58M |
A-Sonic Aerospace Technical Analysis
Negative
0.44
Price Trends
0.54
Negative
0.53
Negative
0.47
Positive
Market Momentum
-0.01
Negative
30.83
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BTJ, the sentiment is Negative. The current price of 0.44 is below the 20-day moving average (MA) of 0.51, below the 50-day MA of 0.54, and below the 200-day MA of 0.47, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 30.83 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:BTJ.
A-Sonic Aerospace Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | S$151.45M | 19.27 | 19.38% | 2.11% | -12.27% | -54.40% | |
65 Neutral | S$313.86M | 10.23 | 12.68% | 0.78% | ― | ― | |
65 Neutral | S$102.16M | 4.93 | 43.88% | 0.49% | ― | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | S$57.59M | 6.98 | 23.71% | 348.53% | -66.03% | -88.61% | |
61 Neutral | S$50.58M | 12.95 | 5.72% | 1.09% | -18.82% | 1.91% |
* Industrials Sector Average
SG:BTJ
A-Sonic Aerospace
0.51
0.17
52.11%
SG:5UL
Atlantic Navigation Holdings (Singapore) Ltd.
0.11
0.07
182.05%
SG:5VS
Hafary Holdings Limited
0.49
0.08
19.22%
SG:A04
ASL Marine Holdings Ltd.
0.31
0.25
408.33%
SG:BEZ
Beng Kuang Marine Ltd.
0.51
0.28
122.47%
SG:RXS
Pacific Radiance Ltd.
0.07
0.03
79.49%
A-Sonic Aerospace Corporate Events
A-Sonic Aerospace Shareholders Back Dividend, Board Slate at 23rd AGM
May 25, 2026
Shareholders of A-Sonic Aerospace approved all routine matters at the company’s 23rd annual general meeting held in Singapore on 30 April 2026. The meeting adopted the directors’ statement and audited financial statements for the year ...
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.