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Memiontec Holdings Ltd. (SG:TWL)
SGX:TWL
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Memiontec Holdings Ltd. (TWL) AI Stock Analysis

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SG:TWL

Memiontec Holdings Ltd.

(SGX:TWL)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
S$0.01
▲(0.00% Upside)
Action:Reiterated
Date:04/25/26
The score is held down primarily by weak financial performance, driven by recent losses, falling revenue, higher leverage versus prior years, and sustained negative operating/free cash flow. Technicals are mixed-to-neutral (no strong uptrend confirmation), and valuation support is limited due to a negative P/E and no dividend yield data.
Positive Factors
Historical profitability
The company generated positive earnings in 2022–2023, demonstrating the core IT services model can be profitable. This history indicates operational capability and margin potential that management can target to restore, lowering structural execution risk if revenue recovers.
Negative Factors
Sharp revenue contraction
A ~33% revenue decline materially weakens the business’s scale and ability to cover fixed costs, pressuring gross margins and profitability. If demand or contract execution remains impaired, the structural revenue base and customer relationships could be permanently reduced without clear recovery plans.
Read all positive and negative factors
Positive Factors
Negative Factors
Historical profitability
The company generated positive earnings in 2022–2023, demonstrating the core IT services model can be profitable. This history indicates operational capability and margin potential that management can target to restore, lowering structural execution risk if revenue recovers.
Read all positive factors

Memiontec Holdings Ltd. (TWL) vs. iShares MSCI Singapore ETF (EWS)

Memiontec Holdings Ltd. Business Overview & Revenue Model

Company Description
Memiontec Holdings Ltd., established in Singapore in 1992, specializes in water management, providing comprehensive water and wastewater treatment solutions across Singapore, Indonesia, and the People's Republic of China. The company's business ac...
How the Company Makes Money
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Memiontec Holdings Ltd. Financial Statement Overview

Summary
Financials are stressed: profitability swung from gains (2022–2023) to sizable losses (2024–2025) alongside a sharp revenue contraction (~33% in 2025 vs. 2024). Leverage increased materially (debt-to-equity ~1.84 in 2025 vs. ~0.52 in 2023) and operating/free cash flow have been negative in 2023–2025, indicating ongoing cash burn despite modest debt reduction in 2025.
Income Statement
24
Negative
Balance Sheet
40
Negative
Cash Flow
18
Very Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue25.95M52.91M66.85M42.79M45.65M
Gross Profit-1.68M-1.36M9.29M8.63M6.33M
EBITDA-7.25M-6.31M4.40M3.98M2.54M
Net Income-9.47M-7.39M3.23M2.55M1.53M
Balance Sheet
Total Assets36.71M49.42M55.20M38.23M35.48M
Cash, Cash Equivalents and Short-Term Investments6.30M9.05M13.97M13.33M15.45M
Total Debt12.48M18.33M11.24M4.26M5.23M
Total Liabilities29.54M35.43M33.54M18.87M17.25M
Stockholders Equity6.79M13.82M21.60M19.31M18.17M
Cash Flow
Free Cash Flow-1.77M-10.01M-4.38M95.00K2.59M
Operating Cash Flow-1.76M-9.96M-4.28M234.00K2.96M
Investing Cash Flow88.00K253.00K-936.00K-139.00K-920.00K
Financing Cash Flow-1.64M5.39M5.09M-1.61M-1.90M

Memiontec Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.01
Negative
200DMA
0.01
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
26.99
Positive
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:TWL, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 26.99 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:TWL.

Memiontec Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
S$75.69M386.671.67%1.71%215.99%-511.54%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
55
Neutral
S$25.13M0.13-137.77%-17.43%
44
Neutral
S$9.17M-0.95-96.39%-50.96%-3.70%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:TWL
Memiontec Holdings Ltd.
0.01
>-0.01
-9.09%
SG:YSV
Charisma Energy Services
0.09
0.02
35.29%
SG:566
SHS Holdings Ltd.
0.12
>-0.01
-3.31%
SG:5CR
Asiatic Group (Holdings) Ltd.
SG:AJ2
Ouhua Energy Holdings Ltd.
0.06
0.01
27.27%

Memiontec Holdings Ltd. Corporate Events

Memiontec Delays Listing of New Shares on Catalist by One Day
May 25, 2026
Memiontec Holdings announced a correction to an earlier statement regarding the listing date of its new shares on the Catalist board of the Singapore Exchange. Due to an administrative delay of one market day in crediting and listing the new share...
Memiontec shareholders back board, auditors and share-issue mandate at 2026 AGM
May 8, 2026
Memiontec Holdings Ltd. held its annual general meeting on 30 April 2026 in Singapore, with Board members, key management, auditors and corporate advisers in attendance, and confirmed that a quorum was present for the proceedings. The meeting was ...
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.Date of analysis: Apr 25, 2026