Haw Par (H02) AI Stock Analysis

• Market Cap: $2.80B
• Dividend Yield: 6.19%
• Average Volume (3M): 159.66K
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.68
• Revenue Growth: 5.50%
• EPS Growth: 5.41%
• Country: SG
• Employees: 595
• Sector: Healthcare
• Sector Strength: 40
• Industry: Drug Manufacturers - General
• EPS (TTM): 1.03
• Shares Outstanding: 221,368,180
• 10 Day Avg. Volume: 176,510
• 30 Day Avg. Volume: 159,661
• PEG Ratio: 1.42
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 49.25
• 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

• Rating: 74 Outperform
• Price Target: S$14.00 ▲(10.58%Upside)

Haw Par's stock demonstrates a strong overall position, driven by robust financial performance and an attractive valuation. The company's solid profitability and minimal leverage are significant strengths. However, caution is advised due to technical indicators suggesting the stock may be overbought. The absence of earnings call data and notable corporate events did not influence the score.

Haw Par Business Overview & Revenue Model

Company Description

Haw Par Corporation Limited (H02) is a Singapore-based company with a diverse portfolio spanning several sectors, including healthcare, leisure, and property. The company is renowned for its flagship brand, Tiger Balm, a leading analgesic product used for pain relief and wellness. Besides healthcare, Haw Par's operations extend to owning and managing leisure properties and investing in strategic real estate assets.

How the Company Makes Money

Haw Par generates revenue primarily through its healthcare segment, with Tiger Balm products contributing significantly to its earnings. The brand's global presence and wide range of products, such as ointments, plasters, and muscle rubs, ensure a steady revenue stream. Additionally, the company profits from its leisure business, which includes the management and operation of tourist attractions and aquariums. Haw Par also earns income through its property investments, which provide rental income and the potential for capital appreciation. Strategic partnerships and licensing agreements further enhance the company's financial performance by expanding its market reach and product offerings.

Haw Par Financial Statement Overview

Summary

Haw Par exhibits robust financial health with strong profitability and minimal leverage. The company maintains a high net profit margin of 93.22% and a substantial EBIT margin of 26.07%. While the balance sheet is notably strong with a low debt-to-equity ratio of 0.01, slight challenges are noted in cash flow generation, as operating cash flow has declined slightly compared to the previous year.

Income Statement

Haw Par demonstrates a strong income statement with consistent revenue growth, evidenced by a 5.51% increase in the latest year. The company maintains robust profitability metrics with a high net profit margin of 93.22% and a substantial EBIT margin of 26.07%. These indicators showcase Haw Par's effective cost management and revenue generation capabilities within the industry.

Balance Sheet

Haw Par's balance sheet is notably strong, featuring an exceptionally low debt-to-equity ratio of 0.01, highlighting minimal leverage and financial stability. The company's equity ratio of 97.00% reflects a solid capital structure, which is supported by high stockholders' equity. These factors contribute to the company's ability to sustain operations and invest in growth opportunities.

Cash Flow

Haw Par's cash flow statement is positive, with a stable free cash flow and a reasonable free cash flow to net income ratio of 0.22. However, a slight decline in operating cash flow compared to the previous year indicates potential challenges in cash generation from core operations. The company's overall cash reserves remain strong, providing a buffer to support ongoing activities.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	244.82M	232.06M	182.09M	141.18M	111.03M
Gross Profit	134.09M	134.89M	98.57M	73.64M	48.83M
EBITDA	250.11M	233.49M	49.06M	31.16M	20.47M
Net Income	228.27M	216.57M	148.32M	110.10M	119.77M
Balance Sheet
Total Assets	4.28B	3.59B	3.65B	3.28B	2.95B
Cash, Cash Equivalents and Short-Term Investments	3.93B	3.21B	334.27M	596.23M	554.41M
Total Debt	36.30M	28.48M	29.20M	762.00K	892.00K
Total Liabilities	128.47M	117.17M	101.41M	72.08M	64.00M
Stockholders Equity	4.15B	3.48B	3.55B	3.21B	2.89B
Cash Flow
Free Cash Flow	50.33M	54.92M	21.21M	14.46M	17.49M
Operating Cash Flow	53.79M	62.68M	40.94M	18.84M	25.03M
Investing Cash Flow	199.82M	258.00M	-261.58M	87.52M	138.09M
Financing Cash Flow	-82.79M	-79.30M	-38.07M	-65.11M	-73.80M

Haw Par Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.66
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:H02, the sentiment is Positive. The current price of 12.66 is above the 20-day moving average (MA) of 12.30, above the 50-day MA of 11.96, and above the 200-day MA of 10.97, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 63.78 is Neutral, neither overbought nor oversold. The STOCH value of 87.41 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:H02.

Haw Par Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
H02	74 Outperform	$2.80B	12.28	6.02%	6.19%	5.50%	5.41%
BSL	66 Neutral	$1.92B	30.45	6.02%	2.45%	6.30%	-30.93%
Sector *	63 Neutral	S$1.60B	3.73	2.87%	4.32%	17.84%	20.03%

Haw Par Corporate Events

Haw Par Corporation Convenes 56th Annual General Meeting

Haw Par Corporation Limited held its 56th Annual General Meeting at Parkroyal on Beach Road in Singapore, with key members of the Board of Directors and shareholders in attendance. The meeting commenced with a quorum and was chaired by Mr. Wee Ee Chao, focusing on the formal proceedings as per the circulated notice.