BRC Asia Limited

BRC Asia Limited

4.12
SGD
-0.09
(-2.14%)
466.40MMarket Cap
Nov 24Next Earn
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
2.42
2.17
2.06
1.86
1.66
2.62
3.91
2.62
4.87
6.22
5.93
5.4
5.66
- -
Basic EPS, GAAP
0.2
0.16
0.08
0.04
0.01
0.05
0.14
0.09
0.2
0.33
0.28
0.34
0.34
- -
Free Cash Flow per Basic Share
0.17
0.06
0.15
0.01
0.06
-0.17
0.33
0.51
-0.53
0.17
0.57
0.74
0.42
- -
Dividend per Share
0.08
0.09
0.07
0.02
0.02
- -
0.01
0.08
0.1
0.14
0.12
0.16
0.2
- -
Book Value per Share
0.82
0.89
0.89
0.92
0.9
1.02
1.13
1.13
1.24
1.45
1.56
1.73
1.88
1.42
Tangible Book Value per Share
0.82
0.89
0.89
0.92
0.9
1.02
1.13
1.13
1.24
1.45
1.56
1.73
1.88
1.42
Basic Weighted Avg Shares
175
183
187
187
186
216
233
233
240
273
274
274
274
274
Sales/Revenue/Turnover
425
397
385
347
310
567
913
612
1,169
1,699
1,627
1,481
1,553
- -
Operating Margin (%)
10.77
8.34
3.98
2.9
1.13
3.87
5.34
7.05
4.45
6.37
5.94
6.84
7.12
- -
Depreciation Expense
4
5
6
7
8
11
16
19
18
18
18
19
19
- -
Net Income, GAAP
36
28
15
8
2
12
32
20
47
90
76
94
94
- -
Effective Tax Rate (%)
18.36
14.44
16.68
17.77
38.1
23.05
17.88
24.59
19.44
16.03
16.96
15.86
16.4
- -
Profit Margin (%)
8.39
7.16
4.02
2.41
0.68
2.07
3.46
3.32
4.02
5.31
4.66
6.31
6.07
- -
Working Capital
84
110
103
98
76
181
174
203
219
295
321
364
396
291
LT Debt
4
16
14
12
11
105
61
99
78
48
21
18
13
42
Total Equity
146
167
168
172
168
237
263
265
301
399
427
475
529
390
Return on Invested Capital (%)
17.61
13.77
8.31
4
1.32
3.66
6.35
5.83
6.44
11.27
10
12.77
12.59
- -
Return on Capital (%)
17.65
14.79
8.28
4.22
1.19
3.67
6.62
4.48
7.94
12.08
10.38
13.48
13.73
- -
Return on Common Equity (%)
27.08
18.17
9.24
4.91
1.25
5.81
12.63
7.72
16.63
25.79
18.34
20.73
19.05
- -

Capital Structure

SGD

•

in mil. unless spec.
Jun'22
Sep'22
Mar'23
ST Debt
360
410
219
LT Borrowings
50
27
23
LT Finance Leases
- -
21
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
274
274
274
Market Capitalization
491
442
466

Working Capital

SGD

•

in mil. unless spec.
Jun'22
Sep'22
Mar'23
Total Current Assets
866
814
676
Cash, Cash Equivalents & STI
176
155
115
Accounts Receivable, Net
- -
188
166
Inventories
- -
446
346
Total Current Liabilities
580
519
385
Payables & Accruals
- -
- -
- -
ST Debt
360
410
219
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.87%
15.21%
11.38%
Free Cash Flow
-33.77%
-23.34%
-42.47%
Net Income, GAAP
69.84%
46.23%
0.81%
Sales/Revenue/Turnover
21.83%
25.58%
4.84%
Total Cash Common Dividend
- -
26.45%
25%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,481
2025
- -
- -
1,553
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.34
2025
- -
- -
0.34
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.16
2025
- -
- -
0.2
2026
- -
- -
- -

Company Description

CEO
Kiin Peng Seah
Full Time Employees
763
Sector
Non-energy minerals
Industry
Steel
Address
350 Jalan Boon Lay Singapore CE Singapore 619530
IPO Date
Jul 24, 2000
Website
brc.com.sg
Business
BRC Asia Limited, a subsidiary of Green Esteel Pte Ltd, engages in the prefabrication of steel reinforcement products for concrete used in construction projects across Singapore, Malaysia, China, Australia, Brunei, Hong Kong, Indonesia, Thailand, India and other international markets; core offerings include cut-and-bend reinforcement bars, welded wire mesh under the BRC brand, prefabricated cages, standard and customized wire mesh fences, steel reinforcing bars trading, hard-drawn wires, concrete wires and bespoke prefabrication services supported by state-of-the-art facilities such as fully automatic mesh welding lines from Europe, automated shear lines and double benders from the USA and Europe, and link benders from Europe and Japan. Incorporated in 1938 and headquartered at 350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, the company operates through fabrication, manufacturing and trading segments, serving builders and construction firms with solutions that enhance efficiency, safety and cost-effectiveness in projects ranging from landmark buildings like Marina Bay Sands and Pinnacle@Duxton to railway infrastructure in Shanghai and Beijing. Recent developments include the April 2025 announcement of a proposed acquisition of a 55% stake in Southern Steel Mesh Sdn Bhd for S$18.2 million to expand Malaysian market share to approximately 15% in downstream steel with four manufacturing plants in Central and Northern Malaysia, alongside completion of a 50% stake acquisition in Angkasa Daehan Steel Pte Ltd for S$44.9 million, robust 1H FY2025 net profit growth of 9% year-on-year to S$42 million surpassing 53% of full-year estimates, a record order book, sustained high dividend payouts yielding around 6.4%, and ongoing ESG-focused operational enhancements.