Centurion Corporation Limited

Centurion Corporation Limited

SSGX:OU8
1.26
SGD
-0.02
(-1.56%)
0.13EPS
2.79P/E
282.25MMarket Cap
Mar 03Next Earn
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
0.08
0.11
0.14
0.16
0.18
0.14
0.16
0.15
0.17
0.21
0.25
0.3
0.35
0.16
Basic EPS, GAAP
0.12
0.15
0.05
0.04
0.04
0.09
0.12
0.02
0.06
0.08
0.18
0.41
0.14
0.12
Free Cash Flow per Basic Share
0.03
0.07
0.06
0.09
0.07
0.07
0.08
0.07
0.08
0.12
0.14
0.17
0.19
- -
Dividend per Share
- -
0.01
0.02
0.02
0.02
0.02
0.02
0.01
- -
0.01
0.01
0.03
0.04
0.02
Book Value per Share
0.39
0.52
0.53
0.53
0.55
0.6
0.7
0.72
0.78
0.82
0.98
1.37
1.47
0.71
Tangible Book Value per Share
0.37
0.5
0.53
0.52
0.55
0.6
0.7
0.72
0.78
0.82
0.98
1.37
1.47
0.71
Basic Weighted Avg Shares
757
757
756
743
761
841
841
841
841
841
841
841
841
841
Sales/Revenue/Turnover
57
84
105
121
137
120
133
128
143
180
207
254
296
133
Operating Margin (%)
36.68
47.98
45.44
49.26
48.41
53.54
53.83
57.38
53.56
52.86
58.04
62.2
58.61
52.42
Depreciation Expense
8
7
7
8
5
3
3
3
4
4
4
4
4
- -
Net Income, GAAP
92
111
34
29
32
79
100
17
53
71
153
345
115
101
Effective Tax Rate (%)
3.68
5.52
19.57
16.84
23.78
12.87
6.5
27.32
17.82
19.93
9.98
9.18
12.15
6.45
Profit Margin (%)
161.53
131.69
32.65
23.82
23.14
66.07
74.95
13.38
36.83
39.58
73.88
135.96
38.78
75.99
Working Capital
18
11
-53
6
-50
1
-32
-20
-40
-74
-10
-63
154
14
LT Debt
169
404
478
566
545
695
743
768
752
652
656
740
820
768
Total Equity
293
392
403
399
476
525
614
629
677
708
872
1,235
2,172
619
Return on Invested Capital (%)
5.54
5.91
4.23
4.98
4.79
4.65
4.98
3.72
4.3
5.11
7.01
7.83
5.52
4.67
Return on Capital (%)
24.68
18.82
5.14
4
3.96
7.97
9.16
2.16
4.45
6
10.81
18.82
4.76
8.8
Return on Common Equity (%)
36.85
32.54
8.61
7.22
7.42
16.35
18.18
2.87
8.33
10.61
20.24
34.87
9.62
18.18

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
57
63
39
LT Borrowings
664
683
712
LT Finance Leases
61
60
57
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
841
841
841
Market Capitalization
318
349
282

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
86
78
102
Cash, Cash Equivalents & STI
63
58
74
Accounts Receivable, Net
12
5
9
Inventories
- -
- -
- -
Total Current Liabilities
112
110
88
Payables & Accruals
- -
- -
- -
ST Debt
57
63
39
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.09%
30.59%
75.88%
Free Cash Flow
14.16%
22.44%
9.5%
Net Income, GAAP
50.31%
83.05%
-66.72%
Sales/Revenue/Turnover
11.54%
18.3%
16.69%
Total Cash Common Dividend
- -
- -
33.33%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
207
2024
- -
- -
254
2025
- -
- -
296

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.18
2024
- -
- -
0.41
2025
- -
- -
0.14

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.03
2025
- -
- -
0.04

Company Description

CEO
Chee Min Kong
Full Time Employees
614
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
45 Ubi Road 1 Singapore CE Singapore 408696
IPO Date
Dec 12, 2017
Business
Centurion Corporation Limited engages in the development, ownership, and management of purpose-built accommodation across its operations footprint. It specializes in providing high-quality workforce housing and student accommodation through dedicated assets and platforms, with management of properties under established brand names such as Westlite for workers’ accommodation and dwell for student housing. The company operates a diversified portfolio spanning Singapore, Malaysia, Australia, the United Kingdom, and other international markets, reflecting its focus on long-term asset performance and occupancy optimization. Founded in 1984, Centurion Corporation is headquartered in Singapore and functions as an investment and operating company within the real estate sector, concentrating on hospitality-style accommodation assets that serve the housing needs of labor and student communities. The business structure comprises core segments including Workers’ Accommodation, Student Accommodation, and Others, through which it owns, develops, refurbishes, and optimizes a global portfolio of beds and related facilities. Main products and services: - Workers’ accommodation assets and management (PBWA, PBSA formats, and related facilities) under the Westlite brand, including asset development, refurbishment, and occupancy management - Student accommodation assets and management under the dwell brand, including purpose-built student housing development, leasing, and facilities services - Asset development and acquisition activities for alternative lodging formats (refurbishment-driven capacity expansion, bed conversions, and new build projects) - Property management, facilities services, and operational optimization for housing assets - Asset enhancement programs and portfolio optimization to improve occupancy rates, revenue per bed, and asset utilization - Geographic expansion initiatives and cross-border asset management across Singapore, Malaysia, Australia, United Kingdom, and other regions Latest major company changes: - Strategic expansion and asset growth in the UK and Australia through refurbishment and capacity additions, expanding bed counts and enhancing asset classes within the portfolio - Ongoing portfolio optimization and asset enhancements intended to increase occupancy and revenue, including new build and refurbishment programs to add thousands of beds by targeted timeframes - Continuous refinement of operating platforms and branding to strengthen position in workers’ and student accommodation markets across multiple geographies - Corporate reorganizations and potential brand-driven initiatives to consolidate asset management and growth strategies across regions Industry context: - Industry: Real estate operations and asset management focusing on specialized accommodation - Business segments: Workers’ Accommodation; Student Accommodation; Others - Target markets: Employers and institutions requiring compliant, stable housing for labor forces and students - Geographic footprint: Singapore, Malaysia, Australia, United Kingdom, and other international markets - Corporate structure: Publicly traded real estate operator with asset ownership and management platforms Subsidiaries and relationships: - Operates housing assets under established brand names (Westlite for workers’ accommodation; dwell for student housing) - Functions within a multi-region asset management framework, collaborating with partners and investors to expand capacity and improve asset efficiency - Parent/affiliate relationships exist within corporate structures typical of property investment and management companies Note: Centurion Corporation Limited maintains a focus on delivering high-quality accommodation solutions through a scalable, asset-light approach supported by development, refurbishment, and efficient operations across a diversified geographic portfolio.