China Aviation Oil (Singapore) (G92) AI Stock Analysis

• Market Cap: $963.41M
• Dividend Yield: 3.32%
• Average Volume (3M): 1.71M
• Price to Earnings (P/E): 9.2
• Beta (1Y): 0.78
• Revenue Growth: 6.92%
• EPS Growth: 32.39%
• Country: SG
• Employees: 150
• Sector: Energy
• Sector Strength: 57
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): 0.05
• Shares Outstanding: 866,183,650
• 10 Day Avg. Volume: 2,794,830
• 30 Day Avg. Volume: 1,710,110
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.12
• Enterprise Value/Revenue: <0.01
• Enterprise Value/Gross Profit: 1.34
• Enterprise Value/Ebitda: 3.77
• 1Y Price Target: $0.90
• Price Target Upside: -19.35% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: S$1.50 ▲(33.93%Upside)

China Aviation Oil (Singapore) benefits from strong financial performance, characterized by low leverage and robust cash flow generation, which is the primary driver of its stock score. While the technical analysis suggests a possible overbought condition, the stock's reasonable valuation with a solid dividend yield also contributes positively. The absence of earnings call data and major corporate events limits additional insights.

China Aviation Oil (Singapore) Business Overview & Revenue Model

Company Description

China Aviation Oil (Singapore) Corporation Ltd engages in trading jet fuel and other petroleum products to civil aviation industry worldwide. It operates through three segments: Middle Distillates, Other Oil Products, and Investments in Oil-Related Assets. The company engages in trading and supply of aviation fuel and gas, jet fuel, gas oil, fuel oil/gasoline, and crude oil. It also invests in oil-related assets. The company was incorporated in 1993 and is headquartered in Singapore. China Aviation Oil (Singapore) Corporation Ltd is a subsidiary of China National Aviation Fuel Group Limited.

How the Company Makes Money

China Aviation Oil (Singapore) makes money primarily through the trading and supply of jet fuel to airlines and airports. The company sources jet fuel from refineries and sells it to customers at a margin. In addition to jet fuel, CAO trades other oil products, including gasoil and fuel oil, diversifying its revenue streams. The company benefits from economies of scale and strategic partnerships with refineries and other stakeholders in the aviation and oil sectors, enabling it to secure competitive pricing and supply terms. CAO's location in Singapore, a global trading hub, provides it with strategic advantages in logistics and market access, further enhancing its profitability.

China Aviation Oil (Singapore) Financial Statement Overview

Summary

China Aviation Oil (Singapore) presents a healthy financial profile with strong profitability, low leverage, and robust cash flow generation. The company's ability to grow revenues and maintain profitability, coupled with its efficient capital structure and strong cash flow metrics, positions it well in the Oil & Gas Refining & Marketing industry. Potential risks are minimal, given the low debt levels and stable equity base.

Income Statement

The company demonstrates strong profitability with a gross profit margin of 0.27% and a net profit margin of 0.50% in 2024. Revenue growth from 2023 to 2024 is healthy at 7.56%, indicating positive business momentum. EBIT and EBITDA margins are solid at 0.26% and 0.61%, respectively. Overall, the income statement reflects a stable and improving financial performance.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.0034, indicating minimal leverage. The equity ratio is strong at 49.53%, highlighting a solid capital structure. Return on equity is impressive at 7.94%, reflecting efficient use of shareholders' funds. The company's balance sheet is characterized by financial stability and low risk.

Cash Flow

Free cash flow showed significant growth of 180.17% from 2023 to 2024, indicating strong cash generation. The operating cash flow to net income ratio is favorable at 1.55, suggesting efficient cash flow management. The free cash flow to net income ratio is also positive at 1.54, reinforcing the company's capability to generate cash in excess of its net earnings.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.52B	14.43B	16.46B	17.64B	10.52B
Gross Profit	41.87M	50.60M	35.39M	30.70M	45.87M
EBITDA	95.48M	74.79M	47.78M	54.15M	72.65M
Net Income	78.36M	58.86M	33.53M	40.35M	56.19M
Balance Sheet
Total Assets	1.99B	1.79B	1.50B	1.54B	1.89B
Cash, Cash Equivalents and Short-Term Investments	500.33M	373.04M	308.19M	400.84M	269.11M
Total Debt	3.32M	6.29M	12.56M	14.35M	4.74M
Total Liabilities	1.00B	835.17M	592.21M	634.29M	1.01B
Stockholders Equity	986.27M	948.40M	902.98M	901.37M	876.88M
Cash Flow
Free Cash Flow	120.44M	43.00M	-89.09M	112.70M	-166.48M
Operating Cash Flow	121.36M	54.56M	-88.77M	113.00M	-166.19M
Investing Cash Flow	44.64M	26.25M	24.45M	44.19M	96.71M
Financing Cash Flow	-38.34M	-16.57M	-26.67M	-25.38M	-40.31M

China Aviation Oil (Singapore) Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:G92, the sentiment is Positive. The current price of 1.12 is above the 20-day moving average (MA) of 1.04, above the 50-day MA of 0.93, and above the 200-day MA of 0.87, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 71.39 is Negative, neither overbought nor oversold. The STOCH value of 66.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:G92.

China Aviation Oil (Singapore) Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
G92	70 Outperform	$963.41M	9.20	8.10%	3.32%	6.92%	32.39%
Sector *	67 Neutral	$15.01B	9.77	5.87%	5.63%	4.51%	-61.80%
QPE	―	$109.11M	15.90	5.73%	4.07%	―	―
5WH	―	S$253.95M	―	-48.69%	―	―	―
C9Q	―	S$135.36M	3.58	9.59%	3.38%	―	―
RE4	66 Neutral	S$469.26M	8.09	8.01%	1.97%	2.39%	-23.02%
T13	―	S$158.82M	8.33	26.87%	―	―	―

China Aviation Oil (Singapore) Corporate Events

China Aviation Oil Wins Final Appeal in Legal Dispute with BCP

China Aviation Oil (Singapore) Corporation Ltd announced that the Court of Appeal of the Republic of Singapore has upheld a previous High Court decision, dismissing an appeal by Banque De Commerce Et De Placements SA (BCP) against the company. The appeal concerned allegations of deceit related to the company’s letter of indemnity, but the court ruled in favor of China Aviation Oil, awarding them costs of S$100,000. This judgment is final and not subject to further appeal, reinforcing the company’s legal standing and potentially strengthening its market position.

The most recent analyst rating on (SG:G92) stock is a Buy with a S$0.90 price target. To see the full list of analyst forecasts on China Aviation Oil (Singapore) stock, see the SG:G92 Stock Forecast page.