Sin Heng Heavy Machinery Limited
SSGX:BKA0.55
SGD
+0.05
(+10.00%)
ISIN
SG1CB2000008
Return %
Stock
S&P 500
1Y
-20.29
14.20
3Y
14.58
81.12
5Y
42.86
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
SGD
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in mil. unless spec.Semi-annual Revenue
SGD
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in mil. unless spec.Semi-annual Earnings Per Share
SGD
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in mil. unless spec.Semi-annual Dividends Per Share
SGD
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in mil. unless spec.Company Description
- CEO
- Ah Lye Tan
- Full Time Employees
- 122
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- 26 Gul Road Singapore CE Singapore 629346
- IPO Date
- Feb 3, 2010
- Website
- sinheng.com.sg
- Similar Companies
- Business
- Sin Heng Heavy Machinery Limited operates primarily as a lifting service provider specializing in the rental and trading of cranes, aerial lifts, and other heavy lifting equipment. Its product portfolio includes a comprehensive range of cranes such as crawler cranes, all-terrain cranes, truck cranes, rough terrain cranes, mini crawler cranes, and self-erecting cranes, alongside boom lifts and scissor lifts. The company also sells and distributes spare parts for these lifting machines and offers turnkey project engineering services. Additionally, it provides facilities and custody services supporting sectors such as infrastructure, geotechnic, construction, civil engineering, offshore and marine, and oil and gas industries. Sin Heng operates mainly in Singapore, Malaysia, Indonesia, Myanmar, Taiwan, Japan, Brunei, Vietnam, and internationally. Founded in 1969 and headquartered in Singapore, the company is the authorized regional distributor for Japanese crane manufacturers Kobelco and Kato. In recent years, Sin Heng Heavy Machinery has expanded its equipment fleet significantly, increasing from 373 units of cranes and aerial lifts in 2022 to 465 units in 2023 to capture rising market demand through strategic fleet updates and rationalization. The company improved its 2023 financial performance driven by growth in both its trading and equipment rental segments, with notable increases in crane sales from its Malaysia operations following the streamlining of rental services there. In 2025, Sin Heng has been subject to a privatization offer aiming to delist the company from the Singapore Exchange, citing potential benefits in management flexibility and cost savings. Despite facing a challenging business environment with geopolitical tensions and inflationary pressures, the company has maintained a strong focus on operational excellence, technical expertise, and safety standards across its regional operations. Sin Heng Heavy Machinery Limited continues to leverage its extensive supplier network globally, maintaining strong ties with equipment manufacturers and rental companies. The Group's business model emphasizes complementary divisions—equipment rental and trading—with a strategic focus on mid-to-high lifting capacity machinery. This dual approach, combined with its geographic presence in key ASEAN markets and beyond, positions Sin Heng as a leading heavy lifting service provider specializing in equipment rental, sales, parts distribution, and project engineering services across Asia. The company remains committed to supporting major infrastructure projects with reliable heavy lifting solutions and expanding its regional footprint.