Charisma Energy Services (YSV) AI Stock Analysis

• Market Cap: S$28.68M
• Dividend Yield: N/A
• Average Volume (3M): 2.50M
• Price to Earnings (P/E): 0.1
• Beta (1Y): 0.91
• Revenue Growth: -30.89%
• EPS Growth: N/A
• Country: SG
• Employees: 258
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): <0.01
• Shares Outstanding: 273,189,300
• 10 Day Avg. Volume: 2,422,570
• 30 Day Avg. Volume: 2,496,966
• PEG Ratio: <0.01
• Price to Book (P/B): -0.02
• Price to Sales (P/S): 0.11
• P/FCF Ratio: 0.09
• 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: 55 Neutral
• Price Target: S$0.12 ▲(105.00% Upside)
• Action: Reiterated Date: 01/13/26
• Date: Action: Reiterated 01/13/26

The score is held back mainly by weak financial stability (negative equity/high leverage) and ongoing net losses despite strong revenue growth and improving free cash flow. Technicals are supportive with price above key moving averages and a positive MACD, though RSI is elevated. Valuation looks inexpensive given the very low P/E, but lacks dividend support.

Positive Factors

Strong Revenue Growth

An 89.8% year-over-year revenue increase signals durable demand expansion and potential market share gains. Sustained top-line growth supports scale economies, better capacity utilization and reinvestment in the business, improving medium-term prospects for margin recovery and financing flexibility.

High EBIT/EBITDA Margins

Robust EBIT (51.94%) and EBITDA (60.89%) margins indicate strong underlying unit economics and operational efficiency. Durable margin structure provides a buffer against cost or price volatility, enabling sustained cash generation and capacity to invest in growth or service obligations over the medium term.

Improving Free Cash Flow

A 167.5% rise in free cash flow and FCF to net income near 99% show markedly improved cash conversion. Strong, persistent FCF enhances financial flexibility, supports capex and deleveraging, and reduces reliance on external equity or volatile financing sources over the coming quarters.

Negative Factors

Negative Equity / High Leverage

Negative shareholders' equity and a negative debt-to-equity ratio reflect a structurally weak capital base and high leverage. This raises refinancing and covenant risk, constrains borrowing capacity, and limits strategic flexibility, creating sustained financial vulnerability if not remedied.

Persistent Net Losses

A negative net margin of -18.38% shows persistent losses despite strong top-line and operating margins. Continued net losses erode capital reserves, hinder retained earnings recovery, and mean long-term profitability depends on sustained margin improvement or lower financing costs to be structurally viable.

Operating Cash Flow Shortfall

Operating cash flow does not fully cover net losses, indicating core operations currently undergenerate cash relative to reported losses. This reliance on non-operating inflows or financing weakens liquidity resilience and may force refinancing, asset sales, or dilution to sustain operations.

Charisma Energy Services Business Overview & Revenue Model

Company Description

Charisma Energy Services Limited, an investment holding company, engages in the generation and sale of energy and power generation services in Singapore and Sri Lanka. The company is involved in the ownership and leasing of hydropower generation equipment and accommodation modules. It also offers ship owning and chartering; shipping agency; and management services, as well as generates and supplies hydroelectric power. The company was formerly known as YHM Group Limited and changed its name to Charisma Energy Services Limited in November 2013. Charisma Energy Services Limited was incorporated in 1997 and is headquartered in Singapore.

How the Company Makes Money

Charisma Energy Services generates revenue through multiple streams, primarily from the sale and installation of renewable energy systems such as solar panels and wind turbines. The company also earns income by providing energy efficiency consulting services, which include conducting energy audits and offering tailored solutions to optimize energy consumption for clients. Additionally, Charisma has established strategic partnerships with equipment manufacturers and local governments, allowing it to access grants and incentives that enhance profitability. Ongoing maintenance contracts for installed systems further contribute to the company's revenue, ensuring a steady income flow over the lifespan of the energy solutions provided.

Charisma Energy Services Financial Statement Overview

Summary

Strong revenue growth (89.81%) and healthy EBIT/EBITDA margins (51.94%/60.89%) are positives, but persistent losses (net margin -18.38%) and a weak balance sheet with negative equity materially increase financial risk despite improved free cash flow growth (167.50%).

Income Statement

Charisma Energy Services shows a significant revenue growth rate of 89.81% in the latest year, indicating strong top-line expansion. However, the company struggles with profitability, as evidenced by a negative net profit margin of -18.38%. The EBIT and EBITDA margins are relatively healthy at 51.94% and 60.89%, respectively, suggesting operational efficiency, but the net losses remain a concern.

Balance Sheet

The balance sheet reveals a challenging financial position with negative stockholders' equity, resulting in a negative debt-to-equity ratio. This indicates high leverage and potential financial instability. The return on equity is positive, but the negative equity ratio highlights the company's reliance on debt financing, posing a risk to financial health.

Cash Flow

Cash flow analysis shows a robust free cash flow growth rate of 167.50%, reflecting improved cash generation capabilities. The operating cash flow to net income ratio is low, indicating that cash flow from operations is not fully covering net losses. However, the free cash flow to net income ratio is strong at 98.55%, suggesting effective cash management despite profitability challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Sep 2023	Mar 2022
Income Statement
Total Revenue	6.87M	6.89M	5.84M	4.80M	13.39M
Gross Profit	5.01M	4.90M	4.27M	2.73M	9.23M
EBITDA	45.22M	4.20M	4.98M	-4.11M	3.40M
Net Income	41.11M	-1.27M	-5.86M	-8.43M	-3.23M
Balance Sheet
Total Assets	18.91M	21.36M	32.40M	42.51M	66.20M
Cash, Cash Equivalents and Short-Term Investments	10.74M	230.00K	25.00K	122.00K	59.00K
Total Debt	274.00K	44.33M	44.37M	64.62M	68.28M
Total Liabilities	6.40M	72.27M	82.18M	85.41M	92.95M
Stockholders Equity	12.51M	-50.91M	-49.61M	-44.50M	-27.75M
Cash Flow
Free Cash Flow	2.22M	8.42M	6.53M	1.90M	8.00M
Operating Cash Flow	2.36M	8.54M	6.58M	1.96M	8.03M
Investing Cash Flow	645.00K	463.00K	1.85M	2.89M	3.69M
Financing Cash Flow	7.68M	-8.80M	-8.53M	-4.79M	-11.77M

Charisma Energy Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
566	62 Neutral	S$84.17M	33.95	1.67%	1.71%	30.64%	―
5GD	60 Neutral	S$405.11M	15.92	6.52%	―	-5.31%	-47.29%
YSV	55 Neutral	S$28.68M	0.15	―	―	-30.89%	―

Charisma Energy Services Corporate Events

Charisma Energy Hits Early Financial Closure Milestone on 5MW Sri Lanka Solar Project

Charisma Energy Services Limited has announced that its wholly owned special purpose vehicle, Jericho Solar (Pvt) Ltd, has achieved financial closure ahead of schedule for its 5.0MW Solar Standardised Power Purchase Agreement with the Ceylon Electricity Board in Sri Lanka. Meeting this key milestone strengthens the company’s execution track record in renewable energy, marks tangible progress in its Sri Lankan solar project, and supports its positioning as a growing regional clean energy player, with further updates to come as the project advances.

The most recent analyst rating on (SG:YSV) stock is a Hold with a S$0.16 price target. To see the full list of analyst forecasts on Charisma Energy Services stock, see the SG:YSV Stock Forecast page.

Charisma Energy Services Reports Minimal Impact from Sri Lanka Cyclone

Charisma Energy Services Limited reported that Cyclone Ditwah caused floods and landslides in Sri Lanka, impacting their 13 mini-hydro power plants. While 12 plants remain operational, recovery efforts are ongoing at one site. The company anticipates no significant financial impact from these disruptions for the fiscal year ending December 2025, and insurance assessments are underway.

The most recent analyst rating on (SG:YSV) stock is a Hold with a S$0.10 price target. To see the full list of analyst forecasts on Charisma Energy Services stock, see the SG:YSV Stock Forecast page.

Charisma Energy Services Appoints New Independent Director

Charisma Energy Services Limited has appointed Air Chief Marshal (Ret) Gagan Pulasthi Bulathsinghala as an Independent Non-Executive Director, effective November 11, 2025. This appointment brings a new perspective to the board, potentially impacting the company’s strategic direction and governance, while the composition of the board committees remains unchanged.

Charisma Energy Expands Solar Portfolio with New Sri Lanka Agreement

Charisma Energy Services Limited has announced that its subsidiary, Jericho Solar (Pvt) Ltd, has entered into a 20-year Standardised Power Purchase Agreement with the Ceylon Electricity Board in Sri Lanka for a 5.0 megawatt solar power plant. This agreement is part of the company’s strategy to expand its renewable energy portfolio, increasing its total capacity to 48.0 megawatts. The project is expected to be operational by the fourth quarter of 2026 and is not anticipated to significantly impact the company’s financials for the year ending December 2025.