Gallant Venture Ltd.

Chart & Performance

D1W1MN

P/E

—

P/S

2.00

EPS

—

Div Yield, %

0.00%

Shrs. gr., 5y

-0.45%

Rev. gr., 5y

-36.95%

Revenues

183m

+9.49%

Net income

-15m

L+8.96%

CFO

22m

+1.21%

Earnings

Apr 29, 2025

Profile

Gallant Venture Ltd., an investment holding company, operates as an independent utilities provider in Indonesia. The company operates through Industrial Parks; Utilities; Resort Operations; and Property Development segments. The Industrial Parks segment develops, constructs, operates, and maintains industrial properties in Batam and Bintan Islands with supporting infrastructure activities. The Utilities segment provides electricity, water supply, telecommunications, waste management, and sewage treatment services to the industrial parks and resorts in Batam and Bintan Islands. This segment operates 19 dual fuel fired generators with an installed capacity of approximately 130MW at Batamindo Industrial Park; 6 generators with an installed capacity of approximately 24MW at Bintan Industrial Estate; and 4 generators with an installed capacity of approximately 20MW at Bintan Resorts. The Resort Operations segment offers services to resort operators in Bintan Resort, including ferry services and ferry terminal operations, tour operations, property rental, workers accommodation, security, fire-fighting, medical support, and estate and township maintenance services, as well as facilities required by resort operators. The Property Development segment develops industrial and resort properties in Batam and Bintan Islands. It also offers business management consultancy services; and wholesales hotels, resorts, and golf courses. The company was incorporated in 2003 and is headquartered in Singapore.

URL

http://www.gallantventure.com/

IPO date

Jun 06, 2006

Employees

1,112

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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	182,666 9.49%	166,836 14.98%	145,105 5.00%
Cost of revenue	142,931	136,684	131,549
Unusual Expense (Income)
NOPBT	39,735	30,152	13,556
NOPBT Margin	21.75%	18.07%	9.34%
Operating Taxes	17,073	15,401	13,743
Tax Rate	42.97%	51.08%	101.38%
NOPAT	22,662	14,751	(187)
Net income	(14,826) 8.96%	(13,607) -75.52%	(55,575) -91.92%
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current	76,636	52,182	24,121
Long-term debt	326,759	352,432	369,265
Deferred revenue	73,524	56,153	21,442
Other long-term liabilities	43,057	41,417	43,965
Net debt	(74,703)	(172,937)	(225,164)
Cash flow
Cash from operating activities	22,218	21,952	5,009
CAPEX	(47,980)	(12,143)	(15,522)
Cash from investing activities	(50,940)	(14,513)	(18,426)
Cash from financing activities	7,250	(13,423)	40,662
FCF	(3,883)	6,000	6,924
Balance
Cash	109,137	127,786	134,080
Long term investments	368,961	449,765	484,470
Excess cash	468,965	569,209	611,295
Stockholders' equity	747,784	758,886	821,120
Invested Capital	788,223	669,916	656,104
ROIC	3.11%	2.22%
ROCE	3.16%	2.43%	1.07%
EV
Common stock shares outstanding	5,463,155	5,463,155	5,444,002
Price	0.13 0.78%	0.13 0.00%	0.13 -2.27%
Market cap	710,210 0.78%	704,747 0.35%	702,276 -1.93%
EV	642,471	538,862	484,318
EBITDA	70,650	60,073	46,345
EV/EBITDA	9.09	8.97	10.45
Interest	37,894	27,312	19,772
Interest/NOPBT	95.37%	90.58%	145.85%