1. Singapore Stocks

  2. •

    Consumer Defensive

  3. •

    Grocery Stores
Sheng Siong Group Ltd

Sheng Siong Group Ltd

OV8.SI
Sheng Siong Group LtdSG flagStock Exchange of Singapore
3.28
SGD
+0.02
- -
4.93BMarket Cap
Sheng Siong Group Ltd
OV8.SI
(Stock Exchange of Singapore)

Recent

price

3.28

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.55
0.47
0.46
0.5
0.51
0.51
0.53
0.55
0.59
0.66
0.93
0.91
0.89
0.91
0.95
1.04
0.98
Revenue per Share
0.04
0.02
0.03
0.03
0.03
0.04
0.04
0.05
0.05
0.05
0.09
0.09
0.09
0.09
0.09
0.1
0.09
Basic EPS, GAAP
- -
- -
0.02
0.01
-0.01
0.03
-0.01
0.04
0.04
0.04
0.17
0.09
0.11
0.11
0.13
0.14
0.13
Free Cash Flow per Basic Share
0.04
- -
0.03
0.03
0.03
0.03
0.04
0.03
0.03
0.04
0.05
0.06
0.06
0.06
0.06
0.06
0.03
Dividend per Share
0.1
0.18
0.16
0.16
0.21
0.21
0.21
0.23
0.24
0.25
0.29
0.32
0.35
0.37
0.4
0.44
0.42
Book Value per Share
0.04
0.12
0.11
0.11
0.17
0.16
0.17
0.18
0.19
0.21
0.25
0.28
0.3
0.33
0.36
0.39
0.37
Tangible Book Value per Share
1,140
1,231
1,384
1,384
1,424
1,504
1,504
1,504
1,504
1,504
1,504
1,504
1,504
1,504
1,504
1,504
1,502
Basic Weighted Avg Shares
628
578
637
687
726
764
797
830
891
991
1,394
1,370
1,339
1,368
1,429
1,570
1,479
Sales/Revenue/Turnover
7.75
5.36
5.46
6.05
7.18
7.49
8.17
8.62
8.55
8.44
8.96
10.96
10.71
11.36
11.18
11.2
10.33
Operating Margin (%)
4
6
8
10
11
13
15
15
16
42
51
52
53
53
58
64
62
Depreciation Expense
43
27
42
39
48
57
63
70
71
76
139
133
133
134
138
149
140
Net Income, GAAP
12.51
20.33
17.29
18.19
17.57
16.12
17.72
15.3
16.71
17.57
15.73
17.31
18.05
17.85
18.12
16.92
17.91
Effective Tax Rate (%)
6.78
4.71
6.54
5.66
6.56
7.43
7.86
8.41
7.95
7.64
9.95
9.7
9.95
9.77
9.63
9.52
9.46
Profit Margin (%)
5
77
79
61
78
69
5
21
29
-8
77
86
130
181
168
214
193
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
30
38
49
63
67
88
128
73
LT Debt
44
148
152
150
236
244
255
273
292
315
375
416
455
497
538
591
562
Total Equity
- -
23.8
18.15
21.41
21.25
19.05
20.41
21.73
21.24
19.79
24.21
24.73
21.18
21.03
19.74
19.54
18.54
Return on Invested Capital (%)
- -
16.63
19.1
17.77
18.22
18.41
19.7
21.09
20.25
19.31
29.15
24.79
22.81
21.17
20.18
19.68
20.15
Return on Capital (%)
- -
16.59
19.1
17.77
18.22
18.41
19.81
21.18
20.3
20.46
33.72
28.8
26.59
24.67
23.59
23.72
23.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
38
39
41
LT Borrowings
- -
- -
- -
LT Finance Leases
88
77
73
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,504
1,504
1,504
Market Capitalization
2,464
2,464
2,809

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
472
487
475
Cash, Cash Equivalents & STI
353
367
367
Accounts Receivable, Net
11
33
22
Inventories
98
88
86
Total Current Liabilities
304
281
283
Payables & Accruals
- -
- -
- -
ST Debt
38
39
41
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.3%
9.52%
9.8%
Free Cash Flow
-43.48%
0.06%
7.45%
Net Income, GAAP
12.12%
1.6%
8.68%
Sales/Revenue/Turnover
8.02%
2.5%
9.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
376
338
363
351
1,429
2025
403
362
390
- -
1,570
2026
453
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
0.03
- -
0.09
2025
0.03
- -
- -
- -
0.1
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.03
- -
0.06
2025
- -
- -
- -
- -
0.06
2026
- -
- -
- -
- -
- -
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Business
Sheng Siong Group Ltd is a Singapore-based retailer primarily engaged in supermarket operations. The company operates a chain of grocery stores across Singapore, offering a broad range of products including live, fresh and chilled produce such as seafood, meat, fruits, and vegetables; dairy products; processed, packaged, frozen, and preserved food items; and general merchandise including toiletries and essential household products. Sheng Siong also markets over 1,500 products under approximately 23 house brands and provides online grocery shopping and delivery services via its allforyou.sg e-commerce platform. The group operates through wholly owned subsidiaries including Sheng Siong Supermarket Pte Ltd and C M M Marketing Management Pte Ltd. Founded in 1985 and headquartered in Singapore, Sheng Siong Group has grown to operate 85 stores as of 2025. The company remains focused on expansion within Singapore, opening 10 new stores in 2025 with plans for further openings, including a new store at Leisure Park Kallang in the fourth quarter of 2025. Recently, Sheng Siong accepted a lease from JTC to establish a new distribution centre and headquarters at Sungei Kadut, designed to support up to 120 supermarkets, marking a significant upgrade in logistics and operational capacity to fuel its expansion plans. In terms of strategic developments, Sheng Siong has continued to optimize its supply chain by diversifying suppliers to enhance resilience against external disruptions and improve efficiency through automation and technology. Despite ongoing challenges such as high manpower costs due to regulatory wage models and compliance costs related to sustainability and climate reporting, the company has demonstrated profitability improvements, with revenue rising 14.4% year-on-year to S$415.5 million and net profit increasing 12% to S$43.8 million in the third quarter of fiscal year 2025. The company’s strategic initiatives underscore a focus on maintaining a value-for-money proposition to appeal to cost-conscious consumers in a competitive Singapore supermarket sector. Sheng Siong operates exclusively in Singapore, targeting a broad domestic consumer base through its physical stores and online platform. Listed on the Singapore Exchange since 2011 under the ticker OV8.SI, Sheng Siong continues to strengthen its market position in the retail grocery sector through steady store rollouts, technology adoption, and enhanced supply chain capabilities to support sustainable growth.