Tai Sin Electric Ltd

Chart & Performance

D1W1MN

P/E

12.30

P/S

0.45

EPS

0.03

Div Yield, %

6.03%

Shrs. gr., 5y

0.75%

Rev. gr., 5y

3.60%

Revenues

401m

-4.99%

Net income

15m

-12.46%

CFO

-84.01%

Dividend

Nov 05, 20240.016 SGD/sh

Earnings

Feb 05, 2025

Profile

Tai Sin Electric Limited, together with its subsidiaries, designs, develops, manufactures, and trades in cable and wire products. The company operates through Cable & Wire, Electrical Material Distribution, Switchboard, and Test & Inspection segments. The Cable & Wire segment provides power, control, instrumentation, fire resistant and flame retardant cables, and busbar trucking systems for use in various areas of electrical and instrumentation installation for commercial, residential, industrial, and infrastructure projects. The Electrical Material Distribution segment provides industrial control systems and components, sensing products, measurement and monitoring systems, and power quality systems; and safety, cabling, and electrical accessories, as well as lighting and energy monitoring solutions to a range of industries, which includes industrial automation, maintenance, repair, and operations. The Switchboard segment offers switchgears comprising low voltage main and sub switchboards, distribution boards, control panels, and others for use in large buildings and industrial installations. The Test & Inspection segment offers consultancy, testing, inspection, and certification services for materials comprising concrete, soil, and asphalt premixes. It also engages in general construction and technical engineering, oil and gas, and non-construction activities, as well as distributing electrical products. The company serves end-users, contractors, manufacturers, system integrators, engineers, and consultants in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally. Tai Sin Electric Limited was incorporated in 1980 and is headquartered in Singapore.

URL

https://www.taisin.com.sg/

IPO date

Apr 08, 1998

Employees

595

Domiciled in

Incorporated in

Valuation

Order:

Title SGD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SGD in thousands, except ratios and share amounts	2024‑06	2023‑06	2022‑06	2021‑06	2020‑06	2019‑06	2018‑06	2017‑06	2016‑06	2015‑06
Income
Revenues	400,680 -4.99%	421,726 11.26%	379,052 27.01%
Cost of revenue	379,727	404,802	341,235
Unusual Expense (Income)
NOPBT	20,953	16,924	37,817
NOPBT Margin	5.23%	4.01%	9.98%
Operating Taxes	5,679	4,503	5,089
Tax Rate	27.10%	26.61%	13.46%
NOPAT	15,274	12,421	32,728
Net income	14,597 -12.46%	16,674 -24.23%	22,006 27.33%
Dividends	(10,816)	(10,816)	(10,356)
Dividend yield	6.18%	5.80%	5.77%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	48,667	34,729	32,195
Long-term debt	23,564	21,982	22,515
Deferred revenue
Other long-term liabilities	201	195	191
Net debt	32,390	9,683	9,273
Cash flow
Cash from operating activities	2,604	16,283	(7,440)
CAPEX	(7,464)	(5,017)	(4,521)
Cash from investing activities	(6,818)	(5,566)	(3,866)
Cash from financing activities	(550)	(7,884)	1,187
FCF	(219)	(1,451)	(8,016)
Balance
Cash	27,417	32,003	29,196
Long term investments	12,424	15,025	16,241
Excess cash	19,807	25,942	26,484
Stockholders' equity	209,600	207,705	204,517
Invested Capital	248,813	232,947	217,564
ROIC	6.34%	5.51%	16.89%
ROCE	7.76%	6.52%	15.44%
EV
Common stock shares outstanding	460,262	460,262	460,262
Price	0.38 -6.17%	0.41 3.85%	0.39 5.41%
Market cap	174,899 -6.17%	186,406 3.85%	179,502 5.41%
EV	209,055	198,038	190,653
EBITDA	28,252	23,677	44,355
EV/EBITDA	7.40	8.36	4.30
Interest	2,262	2,154	1,047
Interest/NOPBT	10.80%	12.73%	2.77%