Tiong Woon Corporation Holding Ltd

Tiong Woon Corporation Holding Ltd

SSGX:BQM
0.88
SGD
+0.00
(-0.56%)
0.04EPS
12.41P/E
121.92MMarket Cap
Feb 17Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.71
0.63
0.6
0.49
0.42
0.5
0.54
0.49
0.53
0.59
0.62
0.71
0.81
0.59
Basic EPS, GAAP
0.1
0.05
-0.04
-0.04
0.01
0.01
0.03
0.04
0.05
0.07
0.08
0.08
0.1
0.04
Free Cash Flow per Basic Share
0.07
-0.02
0.01
0.08
0.08
0.04
0.21
0.09
0.1
0.17
0.06
0.03
0.19
0.14
Dividend per Share
0.01
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
0.01
0.02
0.02
- -
Book Value per Share
1.12
1.17
1.11
1.06
1.07
1.09
1.12
1.17
1.21
1.27
1.33
1.39
1.47
1.13
Tangible Book Value per Share
1.12
1.17
1.11
1.06
1.07
1.09
1.12
1.17
1.21
1.26
1.33
1.39
1.47
1.13
Basic Weighted Avg Shares
232
232
232
232
232
232
232
232
232
232
232
232
232
232
Sales/Revenue/Turnover
165
146
139
115
98
117
125
113
123
136
143
164
188
136
Operating Margin (%)
32.96
7.39
-4.08
-6.1
2.3
8.61
14.76
17.35
17.13
14.92
16.11
13.91
18.03
14.43
Depreciation Expense
29
30
31
31
30
30
33
32
32
32
33
35
37
31
Net Income, GAAP
22
12
-10
-10
1
3
8
10
11
16
18
19
24
10
Effective Tax Rate (%)
17.91
- -
- -
- -
30.37
49.97
38.41
29.04
30.89
22.82
21.09
21.09
18.99
35.88
Profit Margin (%)
13.36
8.21
-6.93
-8.4
1.22
2.51
6.08
8.74
9.29
11.56
12.72
11.75
12.74
7.2
Working Capital
14
-5
-13
-16
3
3
23
39
45
64
32
42
50
21
LT Debt
59
100
105
95
85
80
106
98
95
78
73
90
93
96
Total Equity
259
269
255
248
250
252
259
271
281
293
309
322
342
261
Return on Invested Capital (%)
4.91
- -
- -
- -
0.96
1.35
2.74
3.72
3.63
4.7
4.74
4.21
5.93
3.25
Return on Capital (%)
6.62
- -
- -
- -
1.01
1.28
2.65
3.12
3.4
4.76
5.33
5.38
6.03
3.32
Return on Common Equity (%)
8.86
4.5
-3.66
-3.83
0.48
1.17
2.96
3.72
4.13
5.47
6.04
6.08
7.2
3.83

Capital Structure

SGD

•

in mil. unless spec.
Jun'19
Sep'20
Dec'20
ST Debt
23
16
16
LT Borrowings
60
59
58
LT Finance Leases
20
37
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
232
232
232
Market Capitalization
85
77
122

Working Capital

SGD

•

in mil. unless spec.
Jun'19
Sep'20
Dec'20
Total Current Assets
73
81
91
Cash, Cash Equivalents & STI
15
22
32
Accounts Receivable, Net
41
55
55
Inventories
3
1
2
Total Current Liabilities
69
69
70
Payables & Accruals
- -
- -
- -
ST Debt
23
16
16
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3%
4.75%
6%
Free Cash Flow
177.31%
111.39%
595.92%
Net Income, GAAP
32.05%
19.82%
24.38%
Sales/Revenue/Turnover
3.81%
10.75%
14.77%
Total Cash Common Dividend
- -
44.95%
16.65%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
143
2025
- -
- -
164
2026
- -
- -
188

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.08
2025
- -
- -
0.08
2026
- -
- -
0.1

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.02
2026
- -
- -
0.02

Company Description

CEO
Guan Hwa Ang
Full Time Employees
1,340
Sector
Finance
Industry
Finance/Rental/Leasing
Address
No. 15 Pandan Crescent Singapore SE Singapore 128470
IPO Date
Sep 17, 1999
Business
Tiong Woon Corporation Holding Ltd functions as an investment holding entity, delivering comprehensive specialized services to critical sectors such like oil and gas, petrochemical, infrastructure, and construction. The company's operations are divided across three primary segments: Heavy Lift and Haulage, Marine Transportation, and Trading. Within its Heavy Lift and Haulage division, the group provides an extensive array of offerings including heavy lifting, complex haulage, and inland transportation solutions. This encompasses the utilization of diverse crane types such as mobile, crawler, rough terrain, and tower cranes, alongside heavy haulage equipment like prime movers, low beds, self-propelled modular trailers, and various specialized trailers for transporting large process equipment and structures. Their service scope further extends to equipment installation and sophisticated project engineering for complex lifting and hauling requirements. The Marine Transportation segment is dedicated to providing essential tug and barge services for a wide spectrum of sea transportation projects. Meanwhile, the Trading segment focuses on the distribution and commerce of both new and used heavy equipment, including a range of cranes, coupled with robust after-sales support and parts supply. Complementing these core activities, Tiong Woon also offers mechanical and infrastructure engineering, structural work, freight forwarding, and comprehensive logistics services. As a leading integrated heavy lift specialist provider with over 45 years of experience, the company is recognized as the 15th largest crane operator globally as per the IC100 2025 survey. Its strategic emphasis includes continuous fleet renewal and expansion, notably acquiring advanced mobile and crawler cranes to boost capacity and efficiency, and forging partnerships to strengthen market presence. For the fiscal year ended June 30, 2025, the company reported a revenue increase of 14% to $163.5 million, with net profit attributable to equity holders rising by 6% to $19.2 million. The Heavy Lift and Haulage segment remains the primary revenue driver, particularly through project engagements in Singapore, the Middle East, India, and Malaysia. Headquartered in Singapore, the group maintains a significant operational footprint across thirteen countries, including Brunei, the Middle East, India, Malaysia, Thailand, Indonesia, China, Bangladesh, Myanmar, the Philippines, Sri Lanka, and Vietnam. Tiong Woon Corporation Holding Ltd was established in 1978.