Hor Kew Corporation Limited

Hor Kew Corporation Limited

SSGX:BBP
1.28
SGD
+0.02
(+1.59%)
13.54MMarket 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
2.81
1.37
1.53
1.3
1.14
0.96
1.24
0.95
1.09
1.47
2.01
1.59
1.33
- -
Basic EPS, GAAP
0.05
-0.24
-0.04
0.03
-0.06
-0.59
0.02
0.01
0.08
0.03
0.14
0.26
0.25
- -
Free Cash Flow per Basic Share
0.07
0.46
-0.16
-0.03
0.09
-0.05
-0.06
0.01
0.12
0.04
0.25
0.37
0.35
- -
Dividend per Share
0.04
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.03
- -
Book Value per Share
2.07
1.85
1.78
1.81
1.76
1.14
1.15
1.16
1.23
1.25
1.38
1.66
1.89
1.21
Tangible Book Value per Share
2.07
1.85
1.78
1.81
1.76
1.14
1.15
1.16
1.23
1.25
1.38
1.66
1.89
1.21
Basic Weighted Avg Shares
52
52
52
52
52
52
52
52
52
52
52
52
52
52
Sales/Revenue/Turnover
146
72
80
68
59
50
64
50
57
76
105
83
69
- -
Operating Margin (%)
2.92
-24.47
-5.47
0.81
-5.68
-55.94
-3.91
8.14
9.15
6.34
10.57
26.75
11.18
- -
Depreciation Expense
6
5
4
5
4
6
7
6
6
7
6
4
8
- -
Net Income, GAAP
3
-13
-2
2
-3
-31
1
- -
4
2
7
14
13
- -
Effective Tax Rate (%)
51.18
- -
- -
3.84
- -
- -
- -
10.99
- -
38.84
2.23
14.23
25.55
- -
Profit Margin (%)
1.84
-17.47
-2.57
2.21
-5.54
-61.59
1.4
0.67
7.08
2.25
7.07
16.56
18.54
- -
Working Capital
45
27
35
39
12
8
2
-18
12
-9
18
17
17
-16
LT Debt
12
11
26
29
3
32
31
8
34
6
29
26
76
10
Total Equity
108
97
93
94
92
59
60
60
64
65
72
86
98
63
Return on Invested Capital (%)
1.35
- -
- -
0.35
- -
- -
- -
-1.21
- -
0.99
5.08
9.67
6.88
- -
Return on Capital (%)
2.01
- -
- -
1.74
- -
- -
- -
1.44
- -
2.19
8.02
12.48
9.38
- -
Return on Common Equity (%)
2.53
-12.23
-2.15
1.61
-3.54
-40.91
1.51
0.55
6.45
2.66
10.83
17.37
13.94
- -

Capital Structure

SGD

•

in mil. unless spec.
Sep'20
Dec'20
Jun'21
ST Debt
41
65
55
LT Borrowings
33
7
10
LT Finance Leases
- -
2
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
52
Market Capitalization
12
11
14

Working Capital

SGD

•

in mil. unless spec.
Sep'20
Dec'20
Jun'21
Total Current Assets
74
76
78
Cash, Cash Equivalents & STI
1
29
23
Accounts Receivable, Net
15
15
23
Inventories
29
28
27
Total Current Liabilities
74
94
93
Payables & Accruals
- -
- -
- -
ST Debt
41
65
55
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.77%
10.44%
14.09%
Free Cash Flow
51.21%
249.1%
-3.96%
Net Income, GAAP
164.36%
292.78%
-6.16%
Sales/Revenue/Turnover
1.18%
9.76%
-16.2%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
83
2025
- -
- -
69
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.26
2025
- -
- -
0.25
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
0.03
2026
- -
- -
- -

Company Description

CEO
Chi-Ken Aw
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Singapore Singapore
IPO Date
Apr 14, 2000
Business
Hor Kew Corporation Limited is a Singapore-based investment holding company primarily engaged in the design, manufacture, and distribution of precast concrete components, general building construction, and property development. Founded in 1979 and headquartered in Singapore, the company operates primarily through its Prefabrication and Property Development and Investment business segments. Through its prefabrication division, the company manufactures and supplies a comprehensive portfolio of architectural and structural precast products, including precast facade walls, columns, and beams; structural wall panels and load-bearing partition walls; precast staircases, landings, and parapets; household and storey bomb shelters; refuse chutes; lightweight concrete wall panels; prestressed hollow-core slabs; and prefabricated bathroom units (PBUs) for residential, commercial, industrial, and institutional construction projects. The Property Development and Investment segment oversees the acquisition, construction, sale, and leasing of residential and industrial real estate assets, as well as property management and investment holding activities. Hor Kew Corporation Limited primarily serves government statutory boards, main contractors, and private developers across Singapore and Malaysia, maintaining manufacturing and casting yards in both countries through key operating subsidiaries such as Prefab Technology Pte Ltd and Prefab Technology Sdn Bhd. In recent developments, the company has expanded its manufacturing focus toward high-specification prefabricated prefinished volumetric construction (PPVC) solutions and advanced prefabricated bathroom systems to capitalize on Singapore's Building and Construction Authority (BCA) productivity mandates and green building guidelines. The company has also secured multiple supply and fabrication contracts for public housing Build-To-Order (BTO) residential developments while executing operational rationalization initiatives across its Malaysian and Singaporean production facilities to enhance supply chain resilience, optimize labor and material costs, and improve manufacturing turnaround times.