Lum Chang Holdings Limited

Lum Chang Holdings Limited

SSGX:L19
0.55
SGD
+0.01
(+0.92%)
0.08EPS
5.20P/E
136.98MMarket Cap
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
0.74
0.82
1.12
0.97
0.69
0.63
0.85
0.86
1.11
1.04
1.33
1.24
1.72
0.89
Basic EPS, GAAP
0.07
0.08
0.08
0.05
0.06
0.06
-0.01
0.01
-0.03
-0.08
0.02
0.04
0.09
0.07
Free Cash Flow per Basic Share
0.14
-0.02
0.11
- -
- -
0.07
0.05
-0.11
0.16
0.06
-0.04
0.18
0.27
0.13
Dividend per Share
0.02
0.02
0.02
- -
- -
0.02
0.02
0.06
0.04
0.02
0.02
0.03
0.04
0.02
Book Value per Share
0.52
0.55
0.56
0.56
0.62
0.68
0.68
0.63
0.55
0.44
0.43
0.45
0.56
0.69
Tangible Book Value per Share
0.52
0.55
0.56
0.56
0.62
0.67
0.68
0.63
0.55
0.44
0.43
0.45
0.56
0.68
Basic Weighted Avg Shares
373
382
382
381
382
381
380
377
377
377
376
375
375
380
Sales/Revenue/Turnover
277
312
426
369
262
240
323
326
417
393
500
463
646
338
Operating Margin (%)
5.89
5.77
6.39
6.78
9.49
2.7
4.73
4.2
-1.58
-4.93
2.98
4.81
10.01
2.52
Depreciation Expense
7
6
6
- -
- -
3
4
5
6
6
6
6
7
3
Net Income, GAAP
25
30
30
19
25
23
-2
3
-11
-29
7
16
35
26
Effective Tax Rate (%)
7.68
13.1
18.43
18.57
16.94
4.01
- -
27.11
- -
- -
25.97
17.29
19.06
3.24
Profit Margin (%)
9.09
9.54
6.93
5.07
9.39
9.69
-0.65
0.91
-2.6
-7.29
1.47
3.37
5.49
7.8
Working Capital
48
15
99
68
127
199
197
144
62
20
30
44
98
137
LT Debt
109
59
158
105
148
203
164
175
43
36
32
31
30
157
Total Equity
207
212
213
232
257
277
270
258
210
171
166
174
238
281
Return on Invested Capital (%)
5.97
5.16
6.75
5.74
5
3.89
- -
2.1
- -
- -
4.62
8.25
20.44
4.19
Return on Capital (%)
8.11
10.16
10.09
6.16
6.78
5.69
- -
0.22
- -
- -
3.11
6.29
8.13
6.36
Return on Common Equity (%)
13.72
14.69
13.96
8.74
10.87
9.41
-0.82
1.2
-4.85
-15.31
4.48
9.47
18.86
10.61

Capital Structure

SGD

•

in mil. unless spec.
Jun'19
Sep'20
Dec'20
ST Debt
9
56
59
LT Borrowings
203
154
157
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
380
380
380
Market Capitalization
129
133
137

Working Capital

SGD

•

in mil. unless spec.
Jun'19
Sep'20
Dec'20
Total Current Assets
373
364
356
Cash, Cash Equivalents & STI
139
136
137
Accounts Receivable, Net
45
55
57
Inventories
119
122
125
Total Current Liabilities
174
217
219
Payables & Accruals
- -
- -
- -
ST Debt
9
56
59
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.17%
0.29%
37%
Free Cash Flow
- -
-199.64%
46.7%
Net Income, GAAP
-54.64%
-37.22%
127.46%
Sales/Revenue/Turnover
6.61%
16.33%
39.55%
Total Cash Common Dividend
- -
5.68%
33.33%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
500
2025
- -
- -
463
2026
- -
- -
646

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.04
2026
- -
- -
0.09

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.03
2026
- -
- -
0.04

Company Description

CEO
Kok Seng Lum
Sector
Consumer durables
Industry
Homebuilding
Address
Singapore Singapore
IPO Date
Dec 28, 1984
Business
Lum Chang Holdings Limited is a Singapore-based investment holding and management company primarily engaged in building construction, property development and investment, and specialized restoration and interior fit-out services. Founded in the 1940s, incorporated in 1982, and headquartered in Singapore, the group operates across key markets including Singapore, Malaysia, and the United Kingdom. The company conducts its operations across four principal business segments: Construction, Restoration & Interior Fit-Out, Property Development and Investment, and Investment Holding & Others. In its Construction division, operating principally through Lum Chang Building Contractors Pte Ltd, the company provides fully integrated building and civil engineering services, including the construction of commercial complexes, high-rise residential developments, institutional facilities, industrial estates, hospitals, and mass rapid transit stations and tunnels; major additions and alterations (A&A); and comprehensive structural refurbishment. In its Restoration & Interior Fit-Out division, operating through Lum Chang Creations Limited, Lum Chang Interior Pte Ltd, and Lum Chang Brandsbridge Pte Ltd, the company offers heritage restoration and conservation; urban revitalization and brownfield redevelopment; bespoke commercial, corporate, and retail interior fit-out; turnkey project design and installation; custom architectural joinery and carpentry; and dedicated post-handover retail aftercare and maintenance services. In its Property Development and Investment division, the group engages in the acquisition, development, and management of prime real estate assets, encompassing luxury residential properties, Good Class Bungalows, high-density residential condominiums, commercial office developments, integrated townships, and hospitality and leisure assets such as hotels, resorts, and golf and country clubs. In recent corporate developments, Lum Chang Holdings completed the spin-off and initial public offering of Lum Chang Creations Limited on the SGX-ST Catalist Board, retaining a majority controlling equity stake. Lum Chang Creations subsequently executed a placement agreement to raise gross proceeds of up to SGD 26.5 million ahead of a proposed transfer to the SGX Mainboard, allocating capital toward strategic acquisitions, joint ventures, and business expansion while realizing secondary proceeds for the parent group. Additionally, the group has expanded its construction and revitalization order book with major contract wins, including a SGD 32.9 million contract for architectural and sub-contract works on the North-South Corridor Teck Ghee Station project and SGD 63.4 million in building contracts for the redevelopment of the Registries of Civil and Muslim Marriages building and an institutional annex block.