Kim Heng Ltd

Chart & Performance

D1W1MN

P/E

227.14

P/S

0.50

EPS

0.00

Div Yield, %

2.44%

Shrs. gr., 5y

-0.11%

Rev. gr., 5y

16.14%

Revenues

123m

+21.29%

Net income

270k

-82.75%

CFO

13m

+399.10%

Dividend

Jun 21, 20240.002126 SGD/sh

Earnings

Aug 11, 2025

Profile

Kim Heng Limited, an investment holding company, provides integrated offshore and marine value chain services in Southeast Asia, Australasia, the Middle East, and Europe. The company operates in two segments, Offshore Rig Services and Supply Chain Management; and Vessel Sales and Newbuild. It offers a range of products and services that caters to various stages of marine infrastructure projects, and offshore oil and gas projects from oil exploration to field development and oil production; and ventures into the offshore wind renewable market. The company also operates shipyards that enable the company to carry out various services, including offshore rig repair, maintenance and refurbishment, fabrication, vessel newbuilding, and afloat repairs, as well as support new businesses in the renewable and marine construction markets; and a fleet of anchor handling tugs, barges, and cranes for sale and rent; and provides other services, such as maintenance, trading, and sale of heavy equipment. In addition, it engages in chartering, freight, servicing, and repair of vessels; trades in drill pipes and related drilling materials; services and rental of marine equipment and cranes; provision of port operation, offshore engineering, and shipbuilding services; and labor supply activities. Further, the company offers repairing and/or docking of ships and various vessels, supply chain and crew management, and heavy-lift equipment; salvaging distressed vessels and cargos; freight forwarding, packing, and crating services; general agent services for electronic cargo tracking note; cranes and industrial equipment lease, sale, repair and maintenance, and after sale services; marine support services; and marine transportation and logistics related services. The company was formerly known as Kim Heng Offshore & Marine Holdings Limited and changed its name to Kim Heng Limited in May 2021. Kim Heng Limited was founded in 1968 and is headquartered in Singapore.

URL

https://www.kimheng.com.sg/

IPO date

Jan 22, 2014

Employees

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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	122,734 21.29%	101,194 26.74%	79,841 26.29%
Cost of revenue	114,494	88,402	69,608
Unusual Expense (Income)
NOPBT	8,240	12,792	10,233
NOPBT Margin	6.71%	12.64%	12.82%
Operating Taxes	2,473	3,716	2,298
Tax Rate	30.01%	29.05%	22.46%
NOPAT	5,767	9,076	7,935
Net income	270 -82.75%	1,565 -78.75%	7,365 -225.00%
Dividends	(1,499)	(2,000)
Dividend yield	2.47%	3.54%
Proceeds from repurchase of equity	(40)		(140)
BB yield	0.07%		0.24%
Debt
Debt current	49,203	28,351	19,373
Long-term debt	38,586	48,762	44,402
Deferred revenue
Other long-term liabilities
Net debt	84,429	66,139	51,259
Cash flow
Cash from operating activities	12,727	2,550	19,047
CAPEX	(11,581)	(11,448)	(12,442)
Cash from investing activities	(11,035)	(3,852)	(320)
Cash from financing activities	(11,161)	(628)	(14,134)
FCF	(9,093)	(9,671)	14,284
Balance
Cash	3,360	10,974	12,516
Long term investments
Excess cash		5,914	8,524
Stockholders' equity	96,257	97,186	97,048
Invested Capital	131,003	118,654	104,642
ROIC	4.62%	8.13%	7.41%
ROCE	5.98%	9.83%	8.79%
EV
Common stock shares outstanding	704,957	705,442	706,120
Price	0.09 7.50%	0.08 -4.76%	0.08 7.69%
Market cap	60,626 7.43%	56,435 -4.85%	59,314 7.48%
EV	152,640	129,859	117,694
EBITDA	17,036	21,524	18,651
EV/EBITDA	8.96	6.03	6.31
Interest	4,116	3,110	2,376
Interest/NOPBT	49.95%	24.31%	23.22%