1. Singapore Stocks

  2. •

    Consumer durables

  3. •

    Home furnishings
Koda Ltd.

Koda Ltd.

SSGX:BJZ
0.28
SGD
0.00
(0.00%)
0.09EPS
6.40P/E
48.43MMarket Cap
Feb 11Next Earn
Koda Ltd.
SGX:BJZ
(Singapore Exchange)

Recent

price

0.28

P/E

ratio

6.40

div

yld

1.78%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
USD
0.5
0.58
0.62
0.64
0.58
0.62
0.89
0.78
0.7
0.73
1
0.96
0.53
0.55
0.63
0.77
0.75
Revenue per Share
-0.04
-0.03
0.01
-0.02
- -
0.03
0.07
0.08
0.06
0.05
0.11
0.07
-0.03
-0.05
0.01
0.03
0.07
Basic EPS, GAAP
-0.04
-0.03
- -
0.01
0.06
0.03
0.07
0.05
0.05
0.04
- -
-0.09
0.08
-0.03
0.01
-0.07
0.03
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.01
0.02
0.01
0.02
0.01
0.02
0.01
- -
- -
- -
- -
Dividend per Share
0.29
0.28
0.28
0.28
0.27
0.28
0.36
0.42
0.46
0.49
0.6
0.64
0.59
0.53
0.55
0.58
0.5
Book Value per Share
0.28
0.25
0.26
0.26
0.26
0.28
0.35
0.41
0.46
0.49
0.59
0.64
0.59
0.53
0.55
0.58
0.5
Tangible Book Value per Share
80
82
82
82
82
60
55
68
82
83
83
83
83
83
83
83
82
Basic Weighted Avg Shares
40
47
50
52
47
37
49
52
58
60
83
79
44
46
53
64
62
Sales/Revenue/Turnover
-8.31
-7.4
0.19
-1.57
0.21
3.04
8.87
10.8
8.64
6.66
12.44
9.79
-6.23
-8.06
2.12
3.56
8.76
Operating Margin (%)
1
1
1
1
1
1
1
1
2
3
3
5
4
3
3
2
2
Depreciation Expense
-3
-3
1
-1
- -
2
4
5
5
4
9
6
-3
-5
1
2
6
Net Income, GAAP
- -
- -
31.74
- -
- -
32.75
18.38
9.69
7.33
10.81
17.94
20.3
- -
- -
35.86
12.16
8.7
Effective Tax Rate (%)
-7.35
-5.59
1.13
-2.36
0.86
4.42
8.18
10.33
9.17
7.18
11.01
7.15
-6.47
-9.92
1.04
3.48
9.08
Profit Margin (%)
8
6
7
8
10
12
14
18
22
22
25
27
24
19
21
24
22
Working Capital
- -
- -
- -
1
- -
1
1
- -
- -
5
4
15
13
12
11
10
2
LT Debt
24
24
24
23
22
23
29
34
38
41
49
53
49
44
46
48
41
Total Equity
- -
- -
2.12
- -
- -
6.43
14.66
14.71
12.23
8.14
16.02
7.52
- -
- -
1.2
2.99
11.83
Return on Invested Capital (%)
- -
- -
2.77
- -
- -
7.01
14.94
16.72
14.49
10.88
17.99
9.53
- -
- -
1.52
4.18
14.17
Return on Capital (%)
-11.67
-11.44
2.49
-5.39
1.82
7.32
15.54
17.05
14.64
11
20.24
11.1
-5.56
-9.67
1.21
4.69
14.44
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Jun'19
Sep'20
Dec'20
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
83
83
83
Market Capitalization
37
37
36

Working Capital

USD

•

in mil. unless spec.
Jun'19
Sep'20
Dec'20
Total Current Assets
30
33
31
Cash, Cash Equivalents & STI
13
15
12
Accounts Receivable, Net
3
4
4
Inventories
11
11
11
Total Current Liabilities
8
10
9
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.3%
-0.17%
5.14%
Free Cash Flow
-693.44%
-1,385.47%
-889.14%
Net Income, GAAP
33.57%
13.14%
305.85%
Sales/Revenue/Turnover
8.3%
-1.59%
21.1%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
46
2025
- -
- -
53
2026
- -
- -
64

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.05
2025
- -
- -
0.01
2026
- -
- -
0.03

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Koda Ltd is a Singapore-based Original Design Manufacturer (ODM) and investment holding company specializing in the design, manufacture, sale, and export of wood furniture and fixtures. Founded in 1972 and headquartered in Singapore, Koda operates manufacturing bases in Vietnam and Malaysia, serving more than 150 established customers across about 50 countries including Asia-Pacific, North America, and Europe. The company's core products include wood furniture for dining rooms, living rooms, and bedrooms, as well as upholstery; furniture made from metal, glass, fabric, stone, leather, and steel; mirrors; chairs; headboards; and sofas. Koda integrates diverse materials such as various wood species (oak, walnut, beech, birch, poplar, acacia, rubber wood); metals (brass, stainless steel, aluminum); glass (fluted, tempered, crystal clear); fabrics including PET fabrics; marble, ceramic, quartz, terrazzo, and travertine; as well as types of genuine and synthetic leather, emphasizing craftsmanship and quality. It also provides furniture design services and partners with clients on co-development projects. Recent strategic changes include a board reshuffle effective December 6, 2024, reflecting governance-focused realignment, and efforts to embrace new marketing and branding programs aiming to expand its digitally savvy retail brand presence with a focus on environmentally responsible materials and premium furniture offerings. The company continues to invest in improving cost competitiveness in its manufacturing operations and enforces sustainable practices, including sourcing legally certified timber and materials, and membership in the Rainforest Alliance. Koda reported a significant financial turnaround in fiscal year 2025 driven by product re-engineering and operational streamlining to meet evolving customer price expectations and market conditions. The management team combines close to a century of experience in the furniture manufacturing industry, reinforcing Koda's position as a leading furniture OEM/ODM producer in Southeast Asia.