Metech International Limited (V3M) AI Stock Analysis

• Market Cap: S$6.63M
• Dividend Yield: N/A
• Average Volume (3M): 4.42K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.81
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: SG
• Employees: 7
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): >-0.01
• Shares Outstanding: 201,010,200
• 10 Day Avg. Volume: 450
• 30 Day Avg. Volume: 4,423
• PEG Ratio: 0.04
• Price to Book (P/B): -7.60
• Price to Sales (P/S): 1.77
• P/FCF Ratio: -20.55
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: S$0.03 ▼(-17.50% Downside)

The score is held down primarily by weak financial performance—persistent losses, negative equity, and recent cash burn. Technicals are moderately positive with the price above major moving averages and neutral momentum, but valuation remains challenged due to negative earnings and no dividend yield support.

Positive Factors

Modest leverage

Reportedly low absolute debt means interest burden and refinancing pressure are limited compared with the severity of equity losses. This gives management more optionality to restructure operations or raise capital without immediate solvency failure, aiding near-term financial flexibility.

Large recent revenue rebound

An extreme rebound in reported revenue demonstrates the company can win material business and scale topline quickly when opportunity arises. If management stabilizes execution, this shows addressable demand and potential for operating leverage once gross margins and cost structure improve.

Very lean operating structure

A very small headcount implies low fixed payroll costs and faster decision cycles, which can extend runway and allow rapid strategic pivots. Over months, a lean structure supports cost containment while management attempts to stabilize operations or pursue targeted growth opportunities.

Negative Factors

Negative shareholders' equity

Shareholders' equity turning negative is a structural solvency concern that reduces the balance sheet cushion against future losses. It limits financing options, can trigger creditor or covenant risks, and makes raising non-dilutive capital difficult over the coming months without substantive remediation.

Persistent operating losses and thin gross margin

Very low gross margins combined with ongoing operating losses indicate structural profitability issues in the core business model. Even with revenue growth, weak unit economics constrain the ability to translate sales into sustainable profits without clear, lasting changes to pricing or cost base.

Negative operating and free cash flow

Recent negative operating and free cash flow reflect ongoing cash burn, forcing reliance on external financing to fund operations. That dependency raises dilution or refinancing risk and constrains investment in product or sales initiatives needed to stabilize margins over the next several months.

Metech International Limited Business Overview & Revenue Model

Company Description

Metech International Limited, an investment holding company, engages in the health supplement, lab-grown diamond, and supply-chain management and services businesses in the People's Republic of China. It operates through Health Supplements Business, Lab-Grown Diamond, and Supply-Chain Management and Services segments. The Health Supplement Business segment provides wholesale of health supplements. The Lab-Grown Diamond segment manufactures and distributes lab-grown diamonds. The Supply-Chain Management and Services segment provides general wholesale trading of metal products, and management and advisory of recycling and supply chain services. It also offers engineering design and consultancy services in energy management and clean energy system, as well as one-stop training or solutions for production of lab-grown diamonds. The company was formerly known as Centillion Environment & Recycling Limited and changed its name to Metech International Limited in May 2012. Metech International Limited was incorporated in 1992 and is based in Singapore.

How the Company Makes Money

Metech International Limited Financial Statement Overview

Summary

Very weak fundamentals: volatile revenue, low gross margin (~5%), persistent operating losses, and a very large net loss in 2024. Balance sheet deterioration is significant with shareholders’ equity turning negative, and cash flow shows recent operating/FCF burn—raising solvency and funding risk despite modest absolute debt.

Income Statement

Revenue is highly volatile (down sharply in prior years, then an extreme rebound in 2024), but profitability remains weak. Gross margin is low in the latest annual period (~5%), and the company is consistently operating at significant losses (negative EBIT/EBITDA margins), culminating in a very large net loss relative to revenue in 2024. Overall, the income statement reflects an unstable top line with no clear path to sustainable profitability yet.

Balance Sheet

Leverage is not the primary issue (total debt is relatively small versus assets), but the balance sheet weakened materially: shareholders’ equity swung from positive (mid-2024) to negative by 2024 year-end, which is a key solvency red flag. Return on equity metrics are distorted by losses and, in the latest period, negative equity; nevertheless, the trend suggests deteriorating financial cushion despite modest debt levels.

Cash Flow

Cash generation is inconsistent and recently weak. Operating cash flow and free cash flow are negative in the latest annual period (and were deeply negative in 2022 and mid-2024), with a sharp decline in free cash flow in 2024 versus the prior period provided. While there was a strong positive cash flow year in 2020, the more recent pattern points to ongoing cash burn and limited self-funding capacity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	5.95M	2.93M	67.00K	5.22M	15.76M	27.47M
Gross Profit	457.00K	154.00K	26.00K	51.00K	291.00K	521.00K
EBITDA	-1.44M	-1.96M	-2.06M	-2.54M	-1.14M	-1.53M
Net Income	-1.99M	-2.48M	-2.16M	-1.91M	-1.17M	-1.03M
Balance Sheet
Total Assets	2.53M	2.13M	1.35M	13.22M	2.35M	3.69M
Cash, Cash Equivalents and Short-Term Investments	847.00K	1.52M	200.00K	6.05M	2.14M	3.13M
Total Debt	168.00K	211.00K	314.00K	788.00K	152.00K	109.00K
Total Liabilities	4.11M	3.81M	993.00K	1.52M	437.00K	664.00K
Stockholders Equity	-576.00K	-684.00K	1.22M	9.94M	1.91M	2.98M
Cash Flow
Free Cash Flow	-1.42M	-253.00K	-2.18M	-6.50M	-890.00K	3.25M
Operating Cash Flow	-1.41M	-253.00K	-1.67M	-3.14M	-890.00K	3.25M
Investing Cash Flow	115.00K	0.00	-391.00K	-3.30M	55.00K	0.00
Financing Cash Flow	1.19M	1.67M	1.26M	10.26M	-56.00K	-3.46M

Metech International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BJD	48 Neutral	S$3.46M	-1.91	-58.09%	―	-28.47%	30.90%
V3M	47 Neutral	S$6.63M	-4.52	-713.20%	―	―	―
V2Y	37 Underperform	S$3.71M	-3.06	―	―	―	―

Metech International Limited Corporate Events

Metech Advances CFO Appointment and Scales Up Sustainability-Focused Operations

Metech International has identified a candidate for the Chief Financial Officer role, completed due diligence and internal evaluation, and submitted the necessary documents to its continuing sponsor, with a formal appointment decision pending. Operationally, the company will retain ownership of five chemical vapour deposition machines even after the proposed sale of its 80% stake in Asian Eco Technology Pte. Ltd., preserving its capability in the lab-grown diamond business. In its food waste business, biomass carbon reduction system machines for a pilot trial have arrived at the factory and passed testing and commissioning, and Metech is in active talks with various corporations to expand into different regional markets. The company is also working with MLF Ingredients Sdn. Bhd. to determine proposed pricing for potential products, including premium protein powder and black soldier fly biomass, targeting the South Korean and U.S. markets, signaling a push to commercialise and scale its sustainability-focused offerings.

The most recent analyst rating on (SG:V3M) stock is a Sell with a S$0.03 price target. To see the full list of analyst forecasts on Metech International Limited stock, see the SG:V3M Stock Forecast page.

Metech International Advances CFO Appointment and Expands Food Waste and Diamond Operations

Metech International has completed due diligence and internal evaluation for a candidate to fill the Chief Financial Officer role and has submitted the necessary documents to its continuing sponsor, with a formal appointment announcement to follow if the hire is finalised. Operationally, the company is proceeding with the proposed disposal of its 80% stake in Asian Eco Technology Pte. Ltd. while retaining ownership of five chemical vapour deposition machines in its lab-grown diamond business, and is advancing its food waste business with successful testing and commissioning of biomass carbon reduction system machines for a pilot trial and ongoing commercial discussions, including pricing talks with MLF Ingredients for premium protein powder and black soldier fly biomass products targeting the South Korean and U.S. markets.

Metech Director Completes Mandatory Training for First-Time Board Members

Metech International Limited has announced that independent director Ng Ooi Hooi has completed the mandatory training for first-time directors of listed issuers, specifically the LED 5 and 6 modules conducted by the Singapore Institute of Directors, thereby fulfilling the training requirements under the Catalist Rules. The company added that executive director and CEO Pang Wei Hao will enrol in the next available session of the same training, signalling the board’s effort to align with corporate governance standards for directors without prior experience on listed companies and to maintain regulatory compliance on the Catalist board.

Metech International Advances CFO Appointment and Business Operations

Metech International Limited is in the process of appointing a new Chief Financial Officer and is conducting due diligence for the role. The company is also progressing with the proposed disposal of its shareholdings in Asian Eco Technology while retaining key equipment for its diamond business. In its food waste business, Metech has completed testing of its biomass carbon reduction system and is in discussions to expand its market reach, including potential product pricing for South Korea and the United States.