Singapore Shipping Corporation Limited

Singapore Shipping Corporation Limited

S19.SI
Singapore Shipping Corporation LimitedSG flagStock Exchange of Singapore
0.30
SGD
- -
- -
118.17MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.08
0.08
0.1
0.1
0.11
0.11
0.11
0.11
0.12
0.12
0.11
0.12
0.13
0.11
Basic EPS, GAAP
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.02
0.03
0.02
0.03
0.04
0.02
Free Cash Flow per Basic Share
0.03
-0.23
0.06
0.05
0.05
0.06
0.06
0.05
0.05
0.05
0.04
0.05
0.06
0.06
Dividend per Share
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
- -
- -
0.01
0.01
0.01
0.01
Book Value per Share
0.14
0.16
0.17
0.18
0.2
0.22
0.24
0.25
0.27
0.3
0.31
0.33
0.36
0.22
Tangible Book Value per Share
0.14
0.15
0.16
0.18
0.2
0.21
0.21
0.24
0.27
0.29
0.3
0.33
0.36
0.21
Basic Weighted Avg Shares
436
436
436
437
437
433
416
399
397
397
402
401
401
426
Sales/Revenue/Turnover
34
35
45
43
46
48
47
42
46
47
45
49
51
47
Operating Margin (%)
24.35
23.94
28.49
26.03
28.96
24.63
23.53
25.49
23.77
22.12
17.69
20.19
25.28
23.85
Depreciation Expense
3
4
7
7
8
8
8
8
8
8
8
8
8
8
Net Income, GAAP
9
9
10
9
10
10
9
10
10
12
9
11
16
10
Effective Tax Rate (%)
- -
0.04
- -
0.62
0.06
0.17
- -
0.01
0.02
0.01
0.02
0.02
0.01
0.16
Profit Margin (%)
24.84
25.63
21.34
19.67
22.57
21.35
19.69
24.36
21.47
24.31
20.08
23.44
32.45
21.2
Working Capital
17
-5
-1
1
7
19
20
30
42
55
64
73
91
18
LT Debt
15
95
83
70
62
55
47
40
35
29
24
19
13
51
Total Equity
63
66
71
80
89
91
87
97
106
118
123
131
144
89
Return on Invested Capital (%)
10.3
6.49
- -
6.94
8.46
7.58
- -
7.53
7.53
7.02
5.27
6.36
8.02
7.33
Return on Capital (%)
11.32
7.44
- -
6.94
8.13
7.93
- -
7.93
7.65
8.48
6.65
7.91
10.63
7.71
Return on Common Equity (%)
14.21
13.58
13.41
11.03
12.44
11.35
9.49
10.3
9.48
10.18
7.52
8.85
11.77
10.72

Capital Structure

FRC

in mil. unless spec.
Mar'19
Jun'20
Sep'20
ST Debt
8
8
8
LT Borrowings
55
53
51
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
426
424
417
Market Capitalization
73
72
75

Working Capital

FRC

in mil. unless spec.
Mar'19
Jun'20
Sep'20
Total Current Assets
33
36
33
Cash, Cash Equivalents & STI
28
31
28
Accounts Receivable, Net
3
4
4
Inventories
- -
- -
- -
Total Current Liabilities
14
15
15
Payables & Accruals
- -
- -
- -
ST Debt
8
8
8
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.42%
8.36%
10.18%
Free Cash Flow
-0.25%
2.3%
13.57%
Net Income, GAAP
7.19%
12.19%
44.22%
Sales/Revenue/Turnover
1.35%
3.8%
4.2%
Total Cash Common Dividend
10.38%
21.91%
1.43%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
45
2025
- -
- -
- -
- -
49
2026
- -
- -
- -
- -
51

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
0.03
2026
- -
- -
- -
- -
0.04

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
0.01

Company Description

APIChat
CEO
Yew Heng Ow
Full Time Employees
110
Sector
Industrials
Industry
Marine Shipping
Address
No. 09-01 Southpoint Singapore Singapore 089763
IPO Date
May 3, 2000
Business
Singapore Shipping Corporation Limited Singapore Shipping Corporation Limited (S19.SI), an investment holding company founded in 1935 and headquartered in Singapore, owns and manages a fleet of five vessels primarily chartered out for operations in Singapore, Japan and internationally. The company operates through two main segments, Ship Owning and Agency and Logistics Services; in the Ship Owning segment, it charters various types of vessels including chemical tankers and other specialized carriers, while providing ship management services comprising technical management, procurement, crew procurement and management, ISO/ISM certification and audits, ship inspection, and new construction consultancy. Its Agency and Logistics Services segment offers shipping agency and terminal services such as vessel marketing, documentation support, husbandry, stevedoring, cargo management, supervision of loading/discharging by port captains, stowage pre-planning and vessel turnaround coordination; additionally, through subsidiary Island Line Pte Ltd, it provides logistics and warehousing including international sea/airfreight forwarding, door-to-door delivery, vessel/aircraft chartering, customs clearance, certificate of origin arrangement, carnet and cross-trade shipment, project management, spare parts packing/re-packing, container stuffing, distribution, storage and specialist handling for hazardous, classified, military and niche cargoes leveraging partners in major global cities. The company maintains key business relationships with international principals including Nippon Yusen Kabushiki Kaisha, Mitsui OSK Lines, EUKOR Car Carriers Inc., Hyundai Glovis and Wallenius Wilhelmsen, alongside local logistics clients, and focuses on efficient, profitable and responsible operations across its segments. In recent developments, Singapore Shipping Corporation held its 37th Annual General Meeting in July 2025 highlighting solid financial performance, renewed vessel charters and positive industry insights indicating future growth potential, while issuing its FY2024 sustainability report aligned with Global Reporting Initiative standards and Singapore Exchange requirements.