1. Singapore Stocks

  2. •

    Non-energy minerals

  3. •

    Construction materials
Pan-United Corporation Ltd.

Pan-United Corporation Ltd.

1.59
SGD
0.00
(0.00%)
213.93MMarket Cap
Feb 10Next Earn
Pan-United Corporation Ltd.
SGX:P52
(Singapore Exchange)

Recent

price

1.59

P/E

ratio

- -

div

yld

0.82%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SGD
0.65
0.85
1.19
1.2
1.26
1.33
1.09
0.9
1.23
1.1
0.58
0.84
1.01
1.11
1.16
1.28
- -
Revenue per Share
0.03
0.05
0.07
0.07
0.05
0.03
0.02
0.03
0.01
0.03
- -
0.03
0.03
0.05
0.06
0.07
- -
Basic EPS, GAAP
0.03
0.07
0.02
0.06
-0.01
-0.02
0.01
0.01
-0.01
0.05
0.07
0.07
0.01
0.07
0.1
0.04
- -
Free Cash Flow per Basic Share
0.03
0.03
0.03
0.04
0.04
0.04
0.04
0.03
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.03
0.01
Dividend per Share
0.52
0.5
0.53
0.45
0.47
0.46
0.45
0.47
0.27
0.29
0.28
0.29
0.3
0.33
0.38
0.42
0.29
Book Value per Share
0.52
0.49
0.53
0.45
0.43
0.42
0.41
0.46
0.27
0.28
0.27
0.28
0.29
0.32
0.37
0.41
0.28
Tangible Book Value per Share
600
603
601
605
605
606
560
701
701
701
702
700
699
696
698
699
700
Basic Weighted Avg Shares
391
513
715
727
763
804
612
629
864
768
405
586
703
774
812
898
- -
Sales/Revenue/Turnover
7.13
10.23
15.33
9.32
14.43
13.24
7.91
7.62
6.19
8.69
7.02
7.4
3.96
5.87
6.53
7.4
- -
Operating Margin (%)
19
21
21
19
25
28
28
25
18
24
24
23
23
23
24
33
- -
Depreciation Expense
20
30
43
45
32
20
14
20
7
21
1
19
23
34
41
51
- -
Net Income, GAAP
13.59
21.97
21.7
19.1
17.75
21.15
17.66
15.01
26.83
20.05
12.69
17.78
17.92
21.29
19.78
21.76
- -
Effective Tax Rate (%)
5.18
5.92
6.02
6.13
4.25
2.53
2.25
3.19
0.8
2.67
0.26
3.19
3.32
4.43
5.03
5.64
- -
Profit Margin (%)
138
130
141
85
87
47
80
265
85
86
85
86
103
110
133
127
88
Working Capital
94
73
70
82
242
232
246
81
64
65
54
38
36
40
35
32
56
LT Debt
319
341
360
293
313
316
311
368
198
211
203
213
218
238
271
296
213
Total Equity
5.85
9.74
11.01
2.74
17.84
13.99
6.55
7.38
9.56
15.87
7.61
12.11
7.66
11.49
12.42
14.63
- -
Return on Invested Capital (%)
7.72
6.24
9.13
9.75
7.93
4.58
1.95
3.41
2.27
7.23
1.02
6.85
9.14
12.53
13.81
15.69
- -
Return on Capital (%)
7.24
10.47
13.96
15.06
11.67
7.22
4.98
6.66
2.67
10.42
0.52
9.35
11.21
15.48
16.44
18.25
- -
Return on Common Equity (%)

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
77
64
57
LT Borrowings
49
49
43
LT Finance Leases
17
16
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
701
701
701
Market Capitalization
217
252
214

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
250
242
194
Cash, Cash Equivalents & STI
57
50
93
Accounts Receivable, Net
161
156
52
Inventories
18
22
36
Total Current Liabilities
170
156
107
Payables & Accruals
- -
- -
- -
ST Debt
77
64
57
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.28%
7.89%
9.19%
Free Cash Flow
-8.06%
155.14%
-56.94%
Net Income, GAAP
186.7%
363.75%
24.13%
Sales/Revenue/Turnover
4.82%
18.06%
10.6%
Total Cash Common Dividend
7.92%
24.81%
32.05%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
812
2025
- -
- -
898
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.06
2025
- -
- -
0.07
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.03
2026
- -
- -
- -
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Business
Pan-United Corporation Ltd, a Singapore-listed investment holding company, engages in the manufacture and supply of ready-mix concrete, cement, aggregates, granite, slag and basic building materials to the construction industry; trading of raw materials and refined petroleum products; bulk shipping and agency operations; and provision of sustainable technology solutions, marketing services, software consultancy, information technology and computer services. The company operates through three main segments, namely Concrete and Cement, Trading and Shipping, and Others, with activities spanning Singapore, China and other Asia-Pacific regions. Founded in 1958 and headquartered at 7 Temasek Boulevard #16-01 Suntec Tower One in Singapore, Pan-United focuses on concrete innovation, maintaining extensive in-house R&D capabilities that have produced over 300 specialised concrete solutions, more than half of which are low-carbon types including proprietary carbon mineralised concrete leveraging carbon capture and utilisation technology. The company leads Singapore's ready-mix concrete market with around 40% share and deploys AiR Digital, its proprietary AI-driven platform, to optimise supply chain and logistics operations across its vertically integrated value chain encompassing production, logistics and delivery. Pan-United pledges to offer only low-carbon concrete by 2030, carbon-neutral concrete by 2040 and achieve carbon neutrality by 2050, having pioneered low-carbon solutions since 2019 with integrations such as CarbonCure technology and on-demand Environmental Product Declarations since 2022. Recent developments include securing S$430m in ready-mix supply contracts for Changi Airport Terminal 5 spanning five years; planned S$60m capital expenditure in 2025 for capacity expansion at Jurong Port; deployment of Singapore's first electric-powered concrete mixer truck; leadership changes to support next-stage growth; collaboration with Keppel, FiCO and Coteccons to explore sustainable concrete in Vietnam; and partnership with Cleantech Solar for solar PV systems comprising 900 panels in Singapore and Malaysia.