1. Singapore Stocks

  2. •

    Energy

  3. •

    Oil & Gas Refining & Marketing
China Aviation Oil (Singapore) Corporation Ltd

China Aviation Oil (Singapore) Corporation Ltd

CAOLF
China Aviation Oil (Singapore) Corporation LtdUS flagOther OTC
1.74
USD
- -
- -
1.50BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
18.1
19.83
10.45
13.61
18.91
23.96
23.65
12.23
20.5
19.14
16.77
18.04
19.11
23.65
Basic EPS, GAAP
0.08
0.06
0.07
0.1
0.1
0.11
0.12
0.07
0.05
0.04
0.07
0.09
0.13
0.12
Free Cash Flow per Basic Share
-0.08
0.05
0.06
- -
-0.03
0.17
0.06
-0.19
0.13
-0.1
0.05
0.14
0.17
0.06
Dividend per Share
0.01
0.02
0.01
0.02
0.03
0.03
0.03
0.03
0.02
0.01
0.01
0.04
0.03
0.03
Book Value per Share
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
1.02
1.08
1.13
1.23
0.25
Tangible Book Value per Share
0.61
0.64
0.69
0.75
0.84
0.89
0.97
1.02
1.05
1.04
1.1
1.14
1.25
0.97
Basic Weighted Avg Shares
860
860
860
860
860
860
860
860
860
860
860
860
860
860
Sales/Revenue/Turnover
15,572
17,061
8,987
11,703
16,268
20,612
20,343
10,517
17,637
16,464
14,430
15,519
16,440
20,343
Operating Margin (%)
0.21
0.09
0.24
0.24
0.14
0.15
0.19
0.29
0.1
0.12
0.12
0.15
0.3
0.19
Depreciation Expense
2
1
2
1
1
1
12
12
10
10
9
9
4
12
Net Income, GAAP
70
49
61
89
85
94
100
56
40
34
59
78
111
100
Effective Tax Rate (%)
3.05
3.66
3.64
3.21
7.49
6.65
6.2
6.72
9.18
11.99
11.46
8.93
11.66
6.2
Profit Margin (%)
0.45
0.29
0.68
0.76
0.52
0.46
0.49
0.53
0.23
0.2
0.41
0.5
0.67
0.49
Working Capital
245
273
318
358
395
454
458
563
608
625
675
707
789
458
LT Debt
- -
- -
- -
- -
- -
- -
4
1
8
4
1
2
4
4
Total Equity
524
554
593
647
721
769
835
877
901
907
952
990
1,081
835
Return on Invested Capital (%)
6.31
2.59
3.69
4.05
2.64
3.61
4.56
3.32
1.84
1.94
1.67
2.19
4.23
4.56
Return on Capital (%)
31.27
22.03
28.54
33.59
26.54
35.12
45.38
25.08
18
6.06
6.52
8.26
10.82
45.38
Return on Common Equity (%)
32.57
22.8
28.43
41.24
39.4
43.54
46.31
26.07
18.72
6.14
6.53
8.26
10.89
46.31

Capital Structure

FRC

•

in mil. unless spec.
Jun'19
Sep'19
Dec'19
ST Debt
11
12
11
LT Borrowings
- -
- -
- -
LT Finance Leases
9
6
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
860
860
860
Market Capitalization
615
615
615

Working Capital

FRC

•

in mil. unless spec.
Jun'19
Sep'19
Dec'19
Total Current Assets
2,373
1,993
1,481
Cash, Cash Equivalents & STI
210
195
379
Accounts Receivable, Net
2,094
1,711
799
Inventories
69
87
59
Total Current Liabilities
1,936
1,543
1,022
Payables & Accruals
- -
- -
- -
ST Debt
11
12
11
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.25%
4.32%
9.24%
Free Cash Flow
138.17%
-58.05%
24.64%
Net Income, GAAP
11.84%
20.92%
41.05%
Sales/Revenue/Turnover
10.85%
12.44%
5.94%
Total Cash Common Dividend
20.08%
20.39%
-23.63%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
14,430
2024
- -
- -
- -
- -
15,519
2025
- -
- -
- -
- -
16,440

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.07
2024
- -
- -
- -
- -
0.09
2025
- -
- -
- -
- -
0.13

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.01
2024
- -
- -
- -
- -
0.04
2025
- -
- -
- -
- -
0.03

Company Description

APIChat
CEO
Yi Lin
Full Time Employees
150
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Address
No. 31-02 Suntec Tower Three Singapore Singapore 038988
IPO Date
Apr 30, 2010
Website
caosco.com
Similar Companies
Marathon Petroleum Corporation (0JYA.L)
Reliance Industries Limited (RLI.F)
Panama Petrochem Limited (PANAMAPET.NS)
TMD Energy Limited (TMDE)
Viva Energy Group Limited (VEA.AX)
Fuji Kosan Company, Ltd. (5009.T)
Business
China Aviation Oil (Singapore) Corporation Ltd is a Singapore-based investment holding company and the largest physical jet fuel trader in the Asia Pacific region that supplies jet fuel and trades other petroleum products to the civil aviation industry worldwide. Incorporated in 1993 and headquartered at 8 Temasek Boulevard #31-02 Suntec Tower Three in Singapore, the company operates through three main segments: Middle Distillates, which encompasses jet fuel and gas oil supply and trading; Other Oil Products, including fuel oil, crude oil, gasoline, naphtha, and petrochemicals; and Investments in Oil-Related Assets, featuring holdings in associates such as Shanghai Pudong International Airport Aviation Fuel Supply Company Ltd and China National Aviation Fuel TSN-PEK Pipeline Transportation Corporation Ltd. It holds a near-100% market share in the procurement of imported jet fuel for China's civil aviation sector, serving key airports including Beijing Capital, Shanghai Pudong and Hongqiao, and Guangzhou Baiyun International Airports, while also providing into-plane services to airlines at international hubs in China and abroad. The company maintains a strong presence in Asia Pacific, North America, Europe, and the Middle East through wholly owned subsidiaries like China Aviation Oil (Hong Kong) Company Limited, North American Fuel Corporation in Los Angeles, and China Aviation Fuel (Europe) Limited in London, and it is a subsidiary of China National Aviation Fuel Group Limited. Recent developments include positioning in sustainable aviation fuel for medium-term growth amid recovering international air traffic in China, particularly benefiting contributions from its one-third stake in Shanghai Pudong International Airport Aviation Fuel Supply; additionally, its parent company China National Aviation Fuel Group announced in October 2025 plans for a corporate restructuring involving a merger with another conglomerate, pending further approvals.