King Wan Corporation Limited

King Wan Corporation Limited

SSGX:554
0.04
SGD
+0.00
(+2.70%)
36.31MMarket 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
0.2
0.18
0.21
0.2
0.17
0.17
0.15
0.08
0.12
0.13
0.14
0.12
0.06
- -
Basic EPS, GAAP
0.01
0.04
-0.04
- -
-0.01
0.01
- -
- -
- -
-0.01
0.02
- -
-0.01
- -
Free Cash Flow per Basic Share
- -
0.03
0.02
-0.03
- -
- -
0.01
- -
- -
-0.01
- -
- -
-0.01
- -
Dividend per Share
0.01
0.02
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.18
0.21
0.16
0.16
0.15
0.15
0.12
0.13
0.1
0.09
0.1
0.1
0.08
0.1
Tangible Book Value per Share
0.18
0.21
0.16
0.16
0.15
0.15
0.12
0.13
0.1
0.09
0.1
0.1
0.08
0.1
Basic Weighted Avg Shares
469
469
469
469
469
469
469
551
625
698
698
698
713
527
Sales/Revenue/Turnover
95
85
101
92
82
79
72
46
77
92
96
87
44
- -
Operating Margin (%)
6.09
-9.8
-1.83
0.28
-5.45
2.96
1.47
-3.93
0.23
-5.76
-8.56
-0.7
-26.39
- -
Depreciation Expense
1
1
1
1
1
1
1
1
1
1
1
1
1
- -
Net Income, GAAP
7
17
-18
1
-5
2
- -
-1
1
-5
12
3
-6
- -
Effective Tax Rate (%)
18.54
7.21
- -
57.61
- -
28.65
65.94
- -
- -
- -
- -
7.25
- -
- -
Profit Margin (%)
7.06
20.04
-17.76
1.09
-5.92
2.99
0.58
-3.24
0.78
-5.19
12.98
3.96
-13.17
- -
Working Capital
12
-26
6
2
-2
-6
-8
-2
4
-6
-14
-9
-12
5
LT Debt
1
1
4
1
3
1
2
5
4
2
- -
- -
9
4
Total Equity
86
98
76
76
69
70
56
59
69
62
70
69
65
72
Return on Invested Capital (%)
7.34
-4.15
- -
-0.01
- -
1.9
0.47
- -
- -
- -
- -
-0.75
- -
- -
Return on Capital (%)
7.44
16.28
- -
1.53
- -
3.62
1.18
- -
- -
- -
- -
6.03
- -
- -
Return on Common Equity (%)
7.86
18.51
-20.5
1.32
-6.69
3.41
0.67
-2.59
0.94
-7.3
18.75
4.93
-8.67
- -

Capital Structure

SGD

•

in mil. unless spec.
Dec'21
Mar'21
Sep'22
ST Debt
12
11
9
LT Borrowings
4
4
3
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
469
469
698
Market Capitalization
15
15
36

Working Capital

SGD

•

in mil. unless spec.
Dec'21
Mar'21
Sep'22
Total Current Assets
41
52
55
Cash, Cash Equivalents & STI
6
11
15
Accounts Receivable, Net
6
10
10
Inventories
1
1
1
Total Current Liabilities
47
54
50
Payables & Accruals
- -
- -
- -
ST Debt
12
11
9
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.05%
2.47%
-5.98%
Free Cash Flow
-327.51%
-415.98%
251.74%
Net Income, GAAP
-310.82%
-346.73%
-269.62%
Sales/Revenue/Turnover
-3.51%
6.61%
-49%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
96
2025
- -
- -
87
2026
- -
- -
44

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
- -
2026
- -
- -
-0.01

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Eng Eng Chua
Sector
Industrial services
Industry
Engineering & construction
Address
Singapore Singapore
IPO Date
Dec 6, 2000
Business
King Wan Corporation Limited is a Singapore-based integrated building services provider primarily engaged in the provision of mechanical and electrical (M&E) engineering services for the built environment and infrastructure sectors. Founded in 1977 and headquartered in Singapore, the company operates across core business segments encompassing Plumbing & Sanitary, Electrical Engineering, Air-Conditioning & Mechanical Ventilation (ACMV), and Investment Holding. Through its operating subsidiaries, including King Wan Industries Pte Ltd and King Wan Construction Pte Ltd, the group provides comprehensive multi-disciplinary engineering solutions comprising the design, supply, installation, testing, and commissioning of plumbing, sanitary, drainage, and gas piping systems; high-voltage, medium-voltage, and low-voltage electrical distribution networks, switchboards, cabling, lighting, and power systems; central ACMV systems, mechanical ventilation, and air filtration plants; fire protection and suppression networks, including fire alarms, automatic sprinklers, hydrants, and smoke management systems; extra-low voltage (ELV), security, telecommunications, and building management systems; routine maintenance, repairs, and facilities management services; and the rental and servicing of portable chemical lavatories and mobile sanitation equipment. The company serves public residential projects, private residential developments, commercial offices, industrial plants, educational institutions, and public infrastructure works primarily in Singapore, while maintaining historical investment interests in Malaysia, Thailand, and the People's Republic of China. In recent years, King Wan Corporation Limited has undergone significant corporate and operational restructuring, including implementing a court-sanctioned Scheme of Arrangement to restructure its debt obligations and strengthen its balance sheet. To navigate macroeconomic headwinds and elevated material and labor costs, the group has strategically refocused its resources on its core, higher-margin M&E engineering operations in Singapore, heightened its participation in public-sector tenders from government agencies such as the Housing & Development Board, enhanced project risk management protocols, and rationalized non-core real estate and overseas associate holdings to optimize liquidity and operational resilience.