1. Singapore Stocks

  2. •

    Consumer services

  3. •

    Hotels/Resorts/Cruise lines
IPC Corporation Ltd

IPC Corporation Ltd

SSGX:AZA
0.11
SGD
+0.00
(-2.75%)
17.91MMarket 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
0.55
0.39
0.27
0.05
0.05
0.11
0.04
0.06
0.05
0.02
0.04
0.03
0.02
- -
Basic EPS, GAAP
0.21
0.34
0.26
-0.14
-0.06
0.29
-0.2
-0.33
-0.1
-0.09
-0.01
0.07
-0.04
- -
Free Cash Flow per Basic Share
- -
0.18
0.04
-0.28
-0.02
0.04
-0.03
0.02
-0.01
-0.03
0.01
-0.02
-0.07
- -
Dividend per Share
0.02
0.03
0.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.16
2.44
2.71
1.05
0.97
1.25
1.03
0.75
0.67
0.52
0.5
0.57
0.53
0.79
Tangible Book Value per Share
2.16
2.44
2.71
1.05
0.97
1.02
0.81
0.52
0.67
0.52
0.5
0.57
0.53
0.79
Basic Weighted Avg Shares
85
85
85
85
85
85
85
85
85
85
85
85
85
85
Sales/Revenue/Turnover
47
33
23
4
4
9
4
5
4
1
3
2
2
- -
Operating Margin (%)
7.41
2.68
20.04
-128.01
-95.14
-53.91
-134.61
-92.17
-107.79
-331.81
-87.52
-97.9
-195.58
- -
Depreciation Expense
- -
- -
1
2
2
2
2
2
2
2
1
- -
3
- -
Net Income, GAAP
18
29
22
-12
-5
25
-17
-28
-9
-8
-1
6
-3
- -
Effective Tax Rate (%)
17.96
16.72
35.71
- -
- -
0.28
- -
- -
- -
- -
- -
0.08
245.7
- -
Profit Margin (%)
38.84
85.82
95.64
-294.39
-117.15
276.84
-468.64
-525.3
-212.18
-505.84
-19.93
271.36
-170.19
- -
Working Capital
99
104
209
25
26
26
26
15
12
8
37
40
16
23
LT Debt
63
39
4
3
5
4
8
4
4
4
- -
5
6
8
Total Equity
187
213
236
89
83
107
88
64
57
45
42
49
45
68
Return on Invested Capital (%)
1.09
0.23
1.05
- -
- -
-6.12
- -
- -
- -
- -
- -
-2.69
19.77
- -
Return on Capital (%)
6.58
9.26
7.42
- -
- -
24.82
- -
- -
- -
- -
- -
12.63
-6.96
- -
Return on Common Equity (%)
10.13
14.6
9.97
-7.2
-5.54
26.4
-17.19
-37.53
-14.63
-14.8
-1.45
13.36
-7.01
- -

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
1
1
1
LT Borrowings
8
7
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
85
85
85
Market Capitalization
26
25
18

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
31
29
27
Cash, Cash Equivalents & STI
8
7
6
Accounts Receivable, Net
1
- -
1
Inventories
21
21
20
Total Current Liabilities
3
3
3
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-11.59%
-6.01%
-7.66%
Free Cash Flow
-179.36%
-52.37%
180.21%
Net Income, GAAP
-232.22%
-278.09%
-153.93%
Sales/Revenue/Turnover
1.57%
-3.63%
-14%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2
2025
- -
- -
2
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.07
2025
- -
- -
-0.04
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Mia Je Ngiam
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
Singapore Singapore
IPO Date
Apr 12, 1993
Website
ipc.com.sg
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Business
IPC Corporation Ltd is an investment holding company primarily engaged in property investment, real estate development, hospitality management, and technology-driven healthcare solutions across the Asia-Pacific region. Founded in 1985 and headquartered in Singapore, the company operates across core business segments comprising Property Development and Investment, Hospitality, and Technology and Healthcare Services. The company offers a comprehensive portfolio of products and services, including the acquisition, development, leasing, and sale of residential, commercial, and mixed-use real estate properties; hospitality asset operations and hotel management services, covering property management, operational advisory, accommodation services, and facility optimization; digital health and medical technology solutions, encompassing telehealth software platforms, optical healthcare products, digital health monitoring devices, and technology distribution; and investment management services, comprising strategic equity investments, treasury management, and project incubation. IPC Corporation Ltd serves property developers, corporate tenants, hospitality guests, medical practitioners, and retail consumers across Singapore, mainland China, Japan, and Southeast Asia. In recent operational developments and corporate changes over the past one to two years, IPC Corporation Ltd has focused on rationalizing its balance sheet and optimizing asset allocation through the phased divestment of non-core real estate assets and legacy hospitality interests. Additionally, following its placement on the Singapore Exchange Watch-List under financial criteria, the company has undertaken an extensive strategic evaluation of its operations, exploring new business development opportunities, capital restructuring, and strategic alliances in the digital health and technology sectors aimed at broadening revenue streams and meeting regulatory exit criteria.