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Sin Heng Heavy Machinery

DB:SNVA
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SNVA
DB
SGD31M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Sin Heng Heavy Machinery Limited, together with its subsidiaries, operates as a lifting service provider in Singapore, Indonesia, Myanmar, Malaysia, Vietnam, Brunei, Thailand, and internationally. The last earnings update was 2 days ago. More info.


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SNVA Share Price and Events
7 Day Returns
6.9%
DB:SNVA
-0.3%
DE Trade Distributors
0%
DE Market
1 Year Returns
-21%
DB:SNVA
8.5%
DE Trade Distributors
9.9%
DE Market
SNVA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sin Heng Heavy Machinery (SNVA) 6.9% 3.4% -6.7% -21% -31.3% -70.1%
DE Trade Distributors -0.3% 10.2% 15.4% 8.5% -3.8% 2.3%
DE Market 0% 4.5% 13.6% 9.9% 14.6% 18.2%
1 Year Return vs Industry and Market
  • SNVA underperformed the Trade Distributors industry which returned 8.5% over the past year.
  • SNVA underperformed the Market in Germany which returned 9.9% over the past year.
Price Volatility
SNVA
Industry
5yr Volatility vs Market

SNVA Value

 Is Sin Heng Heavy Machinery undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sin Heng Heavy Machinery to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sin Heng Heavy Machinery.

DB:SNVA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:SNVA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.949 (1 + (1- 17%) (60.44%))
1.285
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.285 * 5.96%)
7.88%

Discounted Cash Flow Calculation for DB:SNVA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sin Heng Heavy Machinery is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:SNVA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 7.88%)
2020 22.34 Est @ -10.1% 20.71
2021 20.77 Est @ -7% 17.85
2022 19.77 Est @ -4.83% 15.74
2023 19.11 Est @ -3.31% 14.11
2024 18.68 Est @ -2.25% 12.78
2025 18.40 Est @ -1.51% 11.67
2026 18.22 Est @ -0.99% 10.71
2027 18.11 Est @ -0.62% 9.87
2028 18.04 Est @ -0.37% 9.11
2029 18.01 Est @ -0.19% 8.43
Present value of next 10 years cash flows SGD130.00
DB:SNVA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SGD18.01 × (1 + 0.23%) ÷ (7.88% – 0.23%)
SGD235.72
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD235.72 ÷ (1 + 7.88%)10
SGD110.36
DB:SNVA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD130.00 + SGD110.36
SGD240.36
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD240.36 / 114.01
SGD2.11
DB:SNVA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SNVA represents 0.57037x of SGX:BKA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.57037x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 2.11 x 0.57037
€1.20
Value per share (EUR) From above. €1.20
Current discount Discount to share price of €0.15
= -1 x (€0.15 - €1.20) / €1.20
87.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sin Heng Heavy Machinery is available for.
Intrinsic value
>50%
Share price is €0.15 vs Future cash flow value of €1.2
Current Discount Checks
For Sin Heng Heavy Machinery to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sin Heng Heavy Machinery's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sin Heng Heavy Machinery's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sin Heng Heavy Machinery's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sin Heng Heavy Machinery's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SNVA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in SGD SGD-0.07
SGX:BKA Share Price ** SGX (2019-11-15) in SGD SGD0.27
Germany Trade Distributors Industry PE Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 15.38x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 19.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sin Heng Heavy Machinery.

DB:SNVA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:BKA Share Price ÷ EPS (both in SGD)

= 0.27 ÷ -0.07

-3.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sin Heng Heavy Machinery is loss making, we can't compare its value to the DE Trade Distributors industry average.
  • Sin Heng Heavy Machinery is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Sin Heng Heavy Machinery's expected growth come at a high price?
Raw Data
DB:SNVA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Trade Distributors Industry PEG Ratio Median Figure of 32 Publicly-Listed Trade Distributors Companies 1.62x
Germany Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sin Heng Heavy Machinery, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sin Heng Heavy Machinery's assets?
Raw Data
DB:SNVA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in SGD SGD0.97
SGX:BKA Share Price * SGX (2019-11-15) in SGD SGD0.27
Germany Trade Distributors Industry PB Ratio Median Figure of 10 Publicly-Listed Trade Distributors Companies 1.19x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.84x
DB:SNVA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:BKA Share Price ÷ Book Value per Share (both in SGD)

= 0.27 ÷ 0.97

0.28x

* Primary Listing of Sin Heng Heavy Machinery.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sin Heng Heavy Machinery is good value based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Sin Heng Heavy Machinery's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Sin Heng Heavy Machinery has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SNVA Future Performance

 How is Sin Heng Heavy Machinery expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sin Heng Heavy Machinery has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.6%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sin Heng Heavy Machinery expected to grow at an attractive rate?
  • Unable to compare Sin Heng Heavy Machinery's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sin Heng Heavy Machinery's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Sin Heng Heavy Machinery's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:SNVA Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 14.6%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SNVA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SNVA Future Estimates Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:SNVA Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2019-09-30 79 28 -5
2019-06-30 78 25 -8
2019-03-31 81 29 -8
2018-12-31 87 31 -6
2018-09-30 108 24 -1
2018-06-30 104 33 2
2018-03-31 96 39 2
2017-12-31 102 40 2
2017-06-30 100 34 1
2017-03-31 106 14 1
2016-12-31 100 7 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sin Heng Heavy Machinery is high growth as no earnings estimate data is available.
  • Unable to determine if Sin Heng Heavy Machinery is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SNVA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sin Heng Heavy Machinery Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SNVA Future Estimates Data
Date (Data in SGD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:SNVA Past Financials Data
Date (Data in SGD Millions) EPS *
2019-09-30
2019-06-30 -0.07
2019-03-31 -0.07
2018-12-31 -0.06
2018-09-30 -0.01
2018-06-30 0.02
2018-03-31 0.01
2017-12-31 0.02
2017-06-30 0.01
2017-03-31 0.01
2016-12-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sin Heng Heavy Machinery will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Sin Heng Heavy Machinery is trading at Sin Heng Heavy Machinery'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Sin Heng Heavy Machinery's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Sin Heng Heavy Machinery's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sin Heng Heavy Machinery's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sin Heng Heavy Machinery has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SNVA Past Performance

  How has Sin Heng Heavy Machinery performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sin Heng Heavy Machinery's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sin Heng Heavy Machinery does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sin Heng Heavy Machinery's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sin Heng Heavy Machinery's 1-year growth to the DE Trade Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Sin Heng Heavy Machinery's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sin Heng Heavy Machinery Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SNVA Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 79.34 -4.81 12.30
2019-06-30 77.72 -8.35 12.64
2019-03-31 80.63 -7.63 13.18
2018-12-31 86.68 -6.48 13.69
2018-09-30 107.94 -0.83 13.92
2018-06-30 104.14 2.14 14.54
2018-03-31 96.03 1.70 14.68
2017-12-31 102.21 2.01 14.80
2017-06-30 99.70 1.19 14.60
2017-03-31 105.80 0.87 14.93
2016-12-31 100.00 -1.28 15.15
2016-09-30 101.32 -2.60 15.40
2016-06-30 92.11 -4.06 16.10
2016-03-31 113.33 -0.93 17.64
2015-12-31 133.63 3.71 18.87
2015-09-30 168.62 10.52 19.05
2015-06-30 177.82 11.44 18.87
2015-03-31 193.09 12.51 17.79
2014-12-31 207.68 15.79 16.54
2014-09-30 203.44 11.29 16.29
2014-06-30 213.10 13.81 15.67
2014-03-31 215.98 14.74 16.74
2013-12-31 202.57 11.54 16.16
2013-09-30 190.86 14.28 15.31
2013-06-30 186.50 13.76 14.91
2013-03-31 163.37 13.17 12.56
2012-12-31 149.74 11.57 11.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Sin Heng Heavy Machinery has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Sin Heng Heavy Machinery has efficiently used its assets last year compared to the DE Trade Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Sin Heng Heavy Machinery improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sin Heng Heavy Machinery's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sin Heng Heavy Machinery has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SNVA Health

 How is Sin Heng Heavy Machinery's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sin Heng Heavy Machinery's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sin Heng Heavy Machinery is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sin Heng Heavy Machinery's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sin Heng Heavy Machinery's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 9.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sin Heng Heavy Machinery Company Filings, last reported 1 month ago.

DB:SNVA Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 111.53 5.57 21.30
2019-06-30 110.84 10.88 19.67
2019-03-31 112.15 4.49 20.10
2018-12-31 112.92 6.11 21.25
2018-09-30 118.77 18.84 27.25
2018-06-30 122.82 21.99 29.04
2018-03-31 122.75 19.42 29.15
2017-12-31 121.57 19.41 27.43
2017-06-30 122.86 24.74 26.12
2017-03-31 123.02 30.47 29.81
2016-12-31 123.26 29.68 25.47
2016-09-30 124.28 35.16 24.16
2016-06-30 122.82 53.17 33.51
2016-03-31 124.46 30.65 26.76
2015-12-31 124.88 35.11 39.46
2015-09-30 129.63 57.77 44.05
2015-06-30 132.31 57.79 45.65
2015-03-31 133.70 52.51 32.77
2014-12-31 130.86 38.39 41.06
2014-09-30 129.61 55.53 46.02
2014-06-30 127.77 71.76 56.22
2014-03-31 126.36 58.97 38.98
2013-12-31 120.38 43.28 46.99
2013-09-30 122.71 39.52 35.98
2013-06-30 101.19 56.27 26.87
2013-03-31 98.55 56.28 17.82
2012-12-31 95.51 48.65 16.43
  • Sin Heng Heavy Machinery's level of debt (5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (42.7% vs 5% today).
  • Debt is well covered by operating cash flow (510.7%, greater than 20% of total debt).
  • Sin Heng Heavy Machinery is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Sin Heng Heavy Machinery's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sin Heng Heavy Machinery has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SNVA Dividends

 What is Sin Heng Heavy Machinery's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Sin Heng Heavy Machinery dividends.
If you bought €2,000 of Sin Heng Heavy Machinery shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sin Heng Heavy Machinery's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sin Heng Heavy Machinery's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SNVA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SNVA Future Dividends Estimate Data
Date (Data in SGD) Dividend per Share (annual) Avg. No. Analysts
DB:SNVA Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2019-05-31 0.000 0.000
2019-04-08 0.000 0.000
2019-02-28 0.000 0.000
2018-08-08 0.000 0.000
2018-04-10 0.015 3.569
2018-02-28 0.015 3.518
2017-08-11 0.015 3.490
2017-05-11 0.000 0.000
2017-02-09 0.000 0.000
2016-10-25 0.000 0.000
2016-10-13 0.000 0.000
2016-08-26 0.000 0.000
2016-05-16 0.000 0.000
2016-02-03 0.000 0.000
2015-10-12 0.050 7.541
2015-04-02 0.055 7.198
2014-10-14 0.050 5.694
2014-04-02 0.040 3.988
2013-10-16 0.040 3.934
2013-04-02 0.045 3.958
2012-10-17 0.050 4.388
2012-08-28 0.050 4.797
2011-10-07 0.050 5.655
2011-08-29 0.050 7.544
2010-10-08 0.210 25.404
2010-08-24 0.210 21.467

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sin Heng Heavy Machinery has not reported any payouts.
  • Unable to verify if Sin Heng Heavy Machinery's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sin Heng Heavy Machinery's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sin Heng Heavy Machinery has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sin Heng Heavy Machinery's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sin Heng Heavy Machinery afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sin Heng Heavy Machinery has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SNVA Management

 What is the CEO of Sin Heng Heavy Machinery's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ah Tan
AGE 79
TENURE AS CEO 3.3 years
CEO Bio

Mr. Ah Lye Tan founded Sin Heng Heavy Machinery Limited in 1969 and has been its Chief Executive Officer since July 1, 2016. Mr. Tan has been an Executive Director at Sin Heng Heavy Machinery Limited since July 1, 2016. Mr. Tan served as Executive Chairman of the Board of Sin Heng Heavy Machinery Limited from July 1, 2016 to November 14, 2017 and previously served as its Non-Executive Chairman and a Non Executive Director from October 31, 2012 to July 1, 2016. He started his crane service business as a Sole Proprietor in 1969 and has more than 40 years of experience in cranes and construction-related machinery. He was responsible for all strategic planning, development and expansion plan for Sin Heng Heavy until 2008. He is very familiar with the business aspect of Sin Heng Heavy and is also very well-versed with functionality of the business and the technicality of the equipment. Mr. Tan also has a valuable experience and vast network across many industries.

CEO Compensation
  • Insufficient data for Ah to compare compensation growth.
  • Insufficient data for Ah to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Sin Heng Heavy Machinery management team in years:

3.3
Average Tenure
51
Average Age
  • The tenure for the Sin Heng Heavy Machinery management team is about average.
Management Team

Ah Tan

TITLE
CEO & Executive Director
AGE
79
TENURE
3.3 yrs

Choon Keng Lim

TITLE
Chief Financial Officer
TENURE
1.6 yrs

Don Tan

TITLE
Director of Operations
AGE
51
TENURE
3.3 yrs

Cheng Tan

TITLE
Head of the Aerial Lift Business & Executive Director
AGE
45
TENURE
20.8 yrs

Cheng Tan

TITLE
Head of Crane Trading Business & Executive Director
AGE
48

Hideyuki Morita

TITLE
Executive Director
AGE
61

Hai Seah

TITLE
Company Secretary
TENURE
0.8 yrs

Fook Cheong Chen

TITLE
Executive Officer

Roh Tang Tan

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Sin Heng Heavy Machinery board of directors in years:

7.1
Average Tenure
51
Average Age
  • The tenure for the Sin Heng Heavy Machinery board of directors is about average.
Board of Directors

Renny Yeo

TITLE
Independent Non-Executive Chairman
AGE
68
TENURE
2 yrs

Ah Tan

TITLE
CEO & Executive Director
AGE
79
TENURE
7.1 yrs

Cheng Tan

TITLE
Head of the Aerial Lift Business & Executive Director
AGE
45
TENURE
23.3 yrs

Cheng Tan

TITLE
Head of Crane Trading Business & Executive Director
AGE
48
TENURE
23.3 yrs

Hideyuki Morita

TITLE
Executive Director
AGE
61
TENURE
4.3 yrs

Bernard Yeo

TITLE
Independent Director
AGE
68
TENURE
9.9 yrs

Philip Soh

TITLE
Lead Independent Director
AGE
51
TENURE
6.1 yrs

Hideki Okada

TITLE
Non-Executive Director
AGE
46
TENURE
7.5 yrs

Naoki Ando

TITLE
Non-Executive Director
AGE
49
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Sin Heng Heavy Machinery's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sin Heng Heavy Machinery has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SNVA News

Simply Wall St News

SNVA Company Info

Description

Sin Heng Heavy Machinery Limited, together with its subsidiaries, operates as a lifting service provider in Singapore, Indonesia, Myanmar, Malaysia, Vietnam, Brunei, Thailand, and internationally. It operates through Equipment Rental and Trading segments. The company rents crawler, all terrain, truck, rough terrain, and self-erecting cranes; and aerial lifts, including boom and scissor lifts, as well as provides turnkey project engineering services. It also trades in new and used cranes and aerial lifts; and sells and distributes spare parts for cranes and aerial lifts. In addition, the company provides facilities and custody services. It serves infrastructure and geotechnic, construction, civil engineering works, offshore and marine, and oil and gas industries. The company was founded in 1969 and is headquartered in Singapore.

Details
Name: Sin Heng Heavy Machinery Limited
SNVA
Exchange: DB
Founded: 1969
SGD20,484,473
114,013,000
Website: http://www.sinheng.com.sg
Address: Sin Heng Heavy Machinery Limited
26 Gul Road,
Singapore,
629346,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX BKA Ordinary Shares Singapore Exchange SG SGD 03. Feb 2010
DB SNVA Ordinary Shares Deutsche Boerse AG DE EUR 03. Feb 2010
Number of employees
Current staff
Staff numbers
0
Sin Heng Heavy Machinery employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/16 21:03
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/02/28
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.