Stamford Tyres Corporation Limited

Stamford Tyres Corporation Limited

SSGX:S29
0.20
SGD
0.00
(0.00%)
0.00EPS
53.14MMarket 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
1.24
1.25
1.03
1.02
1.05
0.99
0.84
0.82
0.82
0.81
0.79
0.81
0.79
0.93
Basic EPS, GAAP
0.04
0.01
0.01
0.03
0.02
- -
-0.02
0.01
0.02
0.02
0.03
- -
- -
- -
Free Cash Flow per Basic Share
0.05
-0.05
0.1
0.08
0.05
-0.02
0.02
0.1
-0.04
0.07
0.08
-0.05
0.05
0.01
Dividend per Share
0.02
0.02
0.01
0.01
0.02
0.01
0.01
- -
0.01
0.02
0.02
0.02
0.01
- -
Book Value per Share
0.52
0.51
0.5
0.52
0.53
0.52
0.49
0.49
0.49
0.48
0.47
0.47
0.46
0.52
Tangible Book Value per Share
0.52
0.51
0.5
0.52
0.53
0.52
0.49
0.49
0.49
0.48
0.47
0.47
0.46
0.52
Basic Weighted Avg Shares
236
236
236
236
236
236
236
237
237
237
237
237
237
236
Sales/Revenue/Turnover
293
293
242
239
248
234
200
194
194
193
189
193
187
220
Operating Margin (%)
5.32
2.84
3.58
5.57
4.22
2.66
1.61
5.71
4.29
4.28
4.35
3.06
2.88
2.27
Depreciation Expense
7
9
8
7
8
7
9
9
8
7
7
7
7
8
Net Income, GAAP
10
2
3
8
5
- -
-4
2
4
4
6
1
1
- -
Effective Tax Rate (%)
5.27
51.06
48.1
25.78
36.87
78.79
- -
44.62
45.51
29.62
23.23
52.5
57.46
134.64
Profit Margin (%)
3.42
0.58
1.07
3.39
2.1
0.2
-2.01
1.28
2
2.15
3.19
0.48
0.56
-0.18
Working Capital
80
74
80
63
72
72
62
70
59
59
61
69
63
67
LT Debt
40
37
48
28
33
28
29
34
24
21
16
27
20
32
Total Equity
122
121
118
123
126
124
117
117
116
113
112
111
110
122
Return on Invested Capital (%)
8.63
2.37
2.63
4.94
3.07
0.59
- -
1.8
1.63
2.9
4.18
1.72
1.23
-0.77
Return on Capital (%)
8.01
2.3
3.02
5.74
3.54
0.63
- -
2.08
2.62
3.49
5.12
1.75
1.45
-0.87
Return on Common Equity (%)
8.25
1.4
2.17
6.75
4.17
0.38
-3.34
2.12
3.33
3.62
5.34
0.83
0.95
-0.33

Capital Structure

SGD

•

in mil. unless spec.
Apr'19
Jul'20
Oct'20
ST Debt
59
64
76
LT Borrowings
28
30
24
LT Finance Leases
- -
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
236
236
236
Market Capitalization
63
61
53

Working Capital

SGD

•

in mil. unless spec.
Apr'19
Jul'20
Oct'20
Total Current Assets
166
176
175
Cash, Cash Equivalents & STI
14
20
20
Accounts Receivable, Net
55
55
54
Inventories
92
93
93
Total Current Liabilities
94
102
108
Payables & Accruals
- -
- -
- -
ST Debt
59
64
76
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.6%
-1.15%
-0.23%
Free Cash Flow
-86.86%
-157.43%
-199.12%
Net Income, GAAP
-98.48%
7.4%
13.68%
Sales/Revenue/Turnover
-2.45%
-0.75%
-3.45%
Total Cash Common Dividend
- -
- -
-50%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
189
2025
- -
- -
193
2026
- -
- -
187

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

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

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

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

Company Description

CEO
Conson Tiu Sia
Full Time Employees
250
Sector
Distribution services
Industry
Wholesale distributors
Address
19 Lok Yang Way Singapore SW Singapore 628635
IPO Date
Aug 8, 1991
Business
Stamford Tyres Corporation Limited is a Singapore-based investment holding company engaged primarily in the wholesale and retail distribution of international tyre brands, manufacturing, and automotive-related services. The company’s main products include tyres under brands such as Falken, Dunlop, Continental, and Maxam; aluminium alloy wheels manufacturing and sales; tyre retreading services; equipment trading; and motor vehicle servicing. Stamford Tyres operates retail outlets including Mega Mart and Tyre Mart, offering comprehensive automotive products like tyres, wheels, batteries, car audio, and accessories. The company also provides truck and off-the-road tyre management services across its geographic operations, which span South East Asia, North Asia, and Africa. Founded in 1968 and headquartered in Jurong, Singapore, Stamford Tyres segments its business into four regional units: South East Asia, North Asia, Africa, and Others. It conducts design and contract manufacturing of tyres for proprietary brands and operates regional retail operations alongside wholesale distribution. Recent major changes include strategic asset acquisitions in Indonesia to expand its manufacturing capacity, with property, plant, and equipment assets increased to S$48.1 million by October 2024, reflecting the company's growth initiatives in the region. Leadership changes occurred with the appointment of Dawn Wee Wai Ying as Executive Chairman effective November 2024. Additionally, Stamford Tyres completed the sale of a unit at North Link Building in 2024, part of operational streamlining efforts. Despite challenging market conditions, the company continues to focus on expanding its footprint and enhancing product offerings across its core markets. The company maintains a diversified portfolio targeting various customer segments from retail consumers to commercial fleet operators. It integrates advanced manufacturing and service capabilities to support its regional distribution network. Stamford Tyres continues to leverage partnerships with leading tyre brands and adapts to evolving market demands through innovation and strategic regional expansions. Its operational focus remains on tyre and wheel products, complemented by automotive accessories and vehicle servicing solutions, positioning Stamford Tyres as a comprehensive tyre and automotive service provider in Asia and beyond. The company is listed on the Singapore Exchange under the ticker S29.SI.