GKE Corporation Limited

GKE Corporation Limited

SSGX:595
0.07
SGD
+0.00
(+3.17%)
0.00EPS
28.66P/E
48.89MMarket Cap
Jan 08Next Earn
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
0.07
0.07
0.06
0.09
0.1
0.13
0.14
0.15
0.14
0.14
0.14
0.16
- -
0.14
Basic EPS, GAAP
-0.01
-0.01
0.01
- -
-0.01
- -
0.01
0.01
0.01
0.01
0.01
0.01
- -
- -
Free Cash Flow per Basic Share
-0.04
0.01
-0.01
-0.03
-0.02
0.01
0.03
0.03
0.03
0.02
0.03
0.02
- -
- -
Dividend per Share
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.15
0.12
0.13
0.12
0.1
0.1
0.1
0.11
0.11
0.12
0.12
0.13
- -
0.1
Tangible Book Value per Share
0.14
0.11
0.12
0.1
0.09
0.09
0.09
0.11
0.11
0.11
0.12
0.12
- -
0.08
Basic Weighted Avg Shares
470
489
639
658
686
689
774
776
775
775
775
771
828
725
Sales/Revenue/Turnover
31
36
37
56
71
88
107
119
105
109
111
127
- -
104
Operating Margin (%)
-19.28
-8.49
-13.05
-0.58
0.6
-0.25
9.57
14.01
10.14
8.76
8.07
10.02
- -
3.4
Depreciation Expense
7
8
7
7
8
10
16
16
14
16
16
15
- -
12
Net Income, GAAP
-6
-4
6
-2
-9
-2
5
12
5
4
4
9
- -
2
Effective Tax Rate (%)
- -
- -
18.88
- -
- -
1,183.15
42.74
30.8
44.84
43.2
36.35
28.74
- -
64
Profit Margin (%)
-18.85
-10.56
15.48
-3.3
-13.05
-2.42
4.38
9.69
4.49
3.59
3.89
6.99
- -
1.51
Working Capital
1
13
25
7
-1
14
17
39
29
25
26
30
- -
20
LT Debt
66
62
45
52
55
62
69
78
73
59
44
37
- -
78
Total Equity
72
82
90
86
77
74
82
88
91
92
94
100
- -
80
Return on Invested Capital (%)
- -
- -
5.62
- -
- -
-16.39
3.82
7.55
3.21
3.05
3.44
6.27
- -
0.78
Return on Capital (%)
- -
- -
4.9
- -
- -
-19.97
4.11
7.49
3.45
3.13
3.71
6.77
- -
1.46
Return on Common Equity (%)
-8.35
-5.26
7.01
-2.23
-12.24
-3.04
6.45
13.96
5.24
4.26
4.61
9.1
- -
2.17

Capital Structure

SGD

•

in mil. unless spec.
May'19
Aug'20
Nov'20
ST Debt
11
18
17
LT Borrowings
60
59
62
LT Finance Leases
2
18
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
689
789
789
Market Capitalization
47
44
49

Working Capital

SGD

•

in mil. unless spec.
May'19
Aug'20
Nov'20
Total Current Assets
45
52
58
Cash, Cash Equivalents & STI
12
17
17
Accounts Receivable, Net
25
32
38
Inventories
- -
- -
- -
Total Current Liabilities
30
37
38
Payables & Accruals
- -
- -
- -
ST Debt
11
18
17
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
111
2025
- -
- -
127
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

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

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

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

Company Description

CEO
Cheow Hui Neo
Sector
Transportation
Industry
Air freight/Couriers
Address
Singapore Singapore
IPO Date
Jan 15, 2003
Website
gke.com.sg
Business
GKE Corporation Limited is an investment holding company and an integrated provider of warehousing, logistics, and supply chain solutions. Founded in 1995 and headquartered in Singapore, the company was formerly known as Van Der Horst Energy Limited before rebranding to GKE Corporation Limited in 2012, and is listed on the Singapore Exchange Catalist board. The group operates primarily through two business segments: Warehousing & Logistics and Strategic Investments. The Warehousing & Logistics segment delivers end-to-end supply chain management services, including general cargo warehousing; bonded and customs-licensed storage; specialized storage and handling for dangerous goods across Classes 2, 3, 4, 5.1, 6.1, 8, and 9; specialty chemical warehousing and value-added drum filling; London Metal Exchange (LME) approved non-ferrous metal warehousing; international multi-modal sea and air freight forwarding; container haulage and conventional trucking; heavy haulage and out-of-gauge project cargo transportation; marine logistics and lighterage services; and marine port operations, cargo handling, and stevedoring. The Strategic Investments segment encompasses the manufacture and supply of ready-mixed concrete and infrastructural materials for building and civil engineering works; recycling of construction material waste; and controlled-environment indoor agriculture through automated vertical hydroponic farming. GKE Corporation delivers its solutions through specialized operating subsidiaries, including GKE Warehousing & Logistics Pte Ltd, Mac-Nels Warehousing Pte Ltd, Marquis Services Pte Ltd, TNS Ocean Lines (S) Pte Ltd, GKE Freight Pte Ltd, GKE Express Logistics Pte Ltd, GKE Logistics Services LLC, Wuzhou Xing Jian Readymix Co., Ltd., and GKE Agritech Pte Ltd. The group serves a broad corporate clientele spanning the chemical, petrochemical, pharmaceutical, electronics, manufacturing, construction, retail, and food industries across Singapore, the People's Republic of China, and the United Arab Emirates. In recent corporate developments, GKE Corporation has executed a strategic international expansion into the Middle East by establishing operations in Dubai, entering long-term lease and development agreements for a multi-purpose warehouse facility in the Jebel Ali Free Zone (JAFZA) to support multinational clients in chemical and industrial manufacturing. To fund ongoing regional growth initiatives, the group completed an equity placement of 88.12 million new ordinary shares, raising gross proceeds of S$8.53 million. Structurally, the group initiated a comprehensive strategic review of its investment portfolio, receiving approval-in-principle for the proposed spin-off of its China-based infrastructural materials and ready-mixed concrete business, while also divesting its limestone mining rights in Cangwu County, China. Domestically, the company bolstered its Singapore logistics asset base by securing lease renewals for key industrial properties with JTC Corporation.