TSH Corporation Limited

TSH Corporation Limited

SSGX:KUH
0.15
SGD
+0.01
(+4.11%)
7.90MMarket 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
4.36
2.08
2.06
- -
- -
- -
0.18
0.09
0.12
0.2
0.25
0.26
0.28
- -
Basic EPS, GAAP
0.22
0.09
-0.52
0.32
-0.05
-0.06
0.01
-0.04
-0.01
0.02
0.01
0.02
0.03
- -
Free Cash Flow per Basic Share
1.4
-0.47
1.17
-0.31
-0.05
-0.03
0.01
-0.01
-0.03
0.01
- -
0.06
0.07
- -
Dividend per Share
- -
- -
- -
3.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.71
3.82
3.32
0.52
0.47
0.4
0.2
0.15
0.15
0.17
0.17
0.19
0.24
0.24
Tangible Book Value per Share
3.56
3.66
3.16
0.52
0.47
0.4
0.2
0.15
0.15
0.17
0.17
0.19
0.24
0.24
Basic Weighted Avg Shares
12
12
12
12
12
12
43
44
44
44
44
44
44
44
Sales/Revenue/Turnover
52
25
25
- -
- -
- -
8
4
5
9
11
12
13
- -
Operating Margin (%)
10.38
0.84
-3.34
- -
- -
- -
5.81
-29.76
-8.15
11.82
7.6
10.46
11.9
- -
Depreciation Expense
1
1
1
- -
- -
- -
1
1
1
1
1
1
1
- -
Net Income, GAAP
3
1
-6
4
-1
-1
1
-2
- -
1
- -
1
1
- -
Effective Tax Rate (%)
19.08
- -
- -
17.76
- -
- -
- -
- -
- -
6.58
1.58
1.42
2.44
- -
Profit Margin (%)
4.99
4.17
-25.45
- -
- -
- -
7.63
-46.98
-6.12
9.56
3.58
7.26
9.99
- -
Working Capital
33
34
35
6
6
5
7
6
8
8
7
8
10
10
LT Debt
5
5
- -
- -
- -
- -
1
1
2
3
3
1
2
2
Total Equity
45
46
40
6
6
5
9
7
6
7
8
9
10
11
Return on Invested Capital (%)
8.09
- -
- -
-6.03
- -
- -
- -
- -
- -
7.42
3.98
6.97
9.68
- -
Return on Capital (%)
5.47
- -
- -
14.87
- -
- -
- -
- -
- -
8.97
5.04
8.64
11
- -
Return on Common Equity (%)
6.05
2.31
-14.68
16.72
-9.55
-14.79
8.74
-25.04
-4.75
12.31
5.19
10.46
13.22
- -

Capital Structure

SGD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
2
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44
44
44
Market Capitalization
3
6
8

Working Capital

SGD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
13
13
14
Cash, Cash Equivalents & STI
2
3
4
Accounts Receivable, Net
1
- -
1
Inventories
10
9
10
Total Current Liabilities
4
4
4
Payables & Accruals
- -
- -
- -
ST Debt
2
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.24%
9.37%
22.09%
Free Cash Flow
170.92%
473%
12.34%
Net Income, GAAP
-118.42%
-68.32%
47.7%
Sales/Revenue/Turnover
- -
26.9%
7.37%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
12
2025
- -
- -
13
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.03
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

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

Company Description

CEO
Khoon Hui Chua
Sector
Consumer durables
Industry
Electronics/Appliances
Address
Singapore Singapore
IPO Date
Dec 18, 2000
Business
TSH Corporation Limited is a Singapore-based investment holding company that operates primarily in the food and beverage and lifestyle hospitality sectors, specializing in the operation of premium whisky bars, bespoke cocktail lounges, and the import, retail, and wholesale distribution of fine spirits. Founded in 2000 and headquartered in Singapore, the company operates across key business segments comprising Food and Beverage Operations and Spirits Distribution. Through its hospitality and beverage subsidiaries, the company manages an extensive portfolio of proprietary and franchised concepts, including Quaich Bar, a specialized whisky bar concept offering curated selections of single malt whiskies and rare expressions; The Other Room, an award-winning speakeasy cocktail lounge; The Other Roof, an artisanal tea-infused spirits and cocktail bar; and Signature Reserve, a luxury spirits tasting establishment. In addition to on-premise hospitality operations, the company provides retail and corporate spirits sales; private cask investment and procurement services; exclusive single-cask bottling selections; and regional wholesale supply to licensed dining, hotel, and entertainment venues. In recent corporate developments, TSH Corporation Limited has executed an international geographic expansion strategy into the United Kingdom through the establishment and opening of its flagship international whisky lounge, Quaich Bar Collectibles, in London. The company has also strengthened its upstream supply chain through strategic sourcing alliances with independent Scottish distilleries for exclusive cask allocations, while reorganizing its domestic outlet footprint and scaling its direct-to-consumer e-commerce and private client distribution channels to address evolving consumer demand for premium and artisanal spirits.