Singapore Technologies Engineering Ltd

Singapore Technologies Engineering Ltd

10.23
SGD
-0.08
(-0.78%)
10.29BMarket Cap
Feb 26Next 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
2.14
2.1
2.04
2.15
2.09
2.15
2.52
2.3
2.47
2.9
3.24
3.62
3.96
- -
Basic EPS, GAAP
0.19
0.17
0.17
0.16
0.16
0.16
0.19
0.17
0.18
0.17
0.19
0.23
0.15
- -
Free Cash Flow per Basic Share
0.19
0.12
0.05
0.14
0.13
0.06
0.06
0.4
0.22
-0.09
0.18
0.38
0.36
- -
Dividend per Share
0.17
0.16
0.16
0.15
0.15
0.15
0.15
0.15
0.15
0.22
0.16
0.16
0.17
0.15
Book Value per Share
0.68
0.68
0.69
0.7
0.71
0.72
0.71
0.74
0.77
0.77
0.79
0.86
0.83
0.71
Tangible Book Value per Share
0.48
0.47
0.45
0.37
0.36
0.35
0.08
0.11
0.13
-0.93
-0.8
-0.74
-0.42
0.06
Basic Weighted Avg Shares
3,101
3,118
3,103
3,106
3,115
3,119
3,119
3,117
3,117
3,115
3,115
3,117
3,118
3,118
Sales/Revenue/Turnover
6,633
6,539
6,335
6,684
6,521
6,698
7,868
7,158
7,693
9,035
10,101
11,276
12,346
- -
Operating Margin (%)
10.15
8.72
8.47
7.6
8.65
8.92
8.55
7.84
7.94
6.73
8.32
8.67
3.38
- -
Depreciation Expense
142
171
187
247
217
244
368
379
398
517
541
538
531
- -
Net Income, GAAP
581
532
529
485
503
494
578
522
571
535
586
702
463
- -
Effective Tax Rate (%)
18.93
17.47
15.65
16.55
14.01
16.81
14.75
1.64
11.08
9.06
14.17
15.47
29.27
- -
Profit Margin (%)
8.76
8.13
8.35
7.25
7.71
7.38
7.35
7.29
7.42
5.92
5.81
6.23
3.75
- -
Working Capital
1,668
1,610
1,071
909
689
246
-807
702
677
-1,878
-693
-915
607
641
LT Debt
939
944
1,019
993
894
270
469
1,551
1,555
2,907
3,544
2,876
3,196
1,516
Total Equity
2,260
2,265
2,261
2,428
2,496
2,535
2,491
2,575
2,668
2,653
2,752
2,951
2,921
2,499
Return on Invested Capital (%)
15.19
12.77
12.44
11.05
12.79
13.82
14.15
11.63
11.99
8.51
7.88
9.49
7.06
- -
Return on Capital (%)
18.28
16.14
16.62
14.69
14.49
15.34
15.3
12
13.06
9.33
8.54
9.81
6.9
- -
Return on Common Equity (%)
28.96
25.04
24.81
22.54
22.94
22.16
25.87
23.12
24.25
22.24
24.15
27.38
17.65
- -

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
1,959
1,869
286
LT Borrowings
- -
106
- -
LT Finance Leases
- -
363
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,118
3,116
3,119
Market Capitalization
11,974
12,276
10,293

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
4,908
4,639
4,490
Cash, Cash Equivalents & STI
761
454
344
Accounts Receivable, Net
1,113
1,246
947
Inventories
1,309
1,312
1,476
Total Current Liabilities
5,556
5,446
3,849
Payables & Accruals
- -
- -
- -
ST Debt
1,959
1,869
286
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.64%
2.6%
-1%
Free Cash Flow
26.2%
-75.02%
-3.86%
Net Income, GAAP
-0.08%
-0.33%
-34.1%
Sales/Revenue/Turnover
7.21%
11.57%
9.5%
Total Cash Common Dividend
1.97%
5.12%
6.32%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
11,276
2025
- -
- -
12,346
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.23
2025
- -
- -
0.15
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.16
2025
- -
- -
0.17
2026
- -
- -
- -

Company Description

CEO
Sy Feng Chong
Full Time Employees
27,000
Sector
Electronic technology
Industry
Aerospace & defense
Address
No. 07-01, ST Engineering Hub Singapore CE Singapore 567710
IPO Date
Dec 8, 1997
Website
stengg.com
Business
Singapore Technologies Engineering Ltd (ST Engineering) is a global technology, defence and engineering group headquartered in Singapore and founded in 1967 that develops and provides advanced engineering solutions across its Commercial Aerospace, Defence & Public Security, and Urban Solutions & Satcom segments; its core products and services encompass commercial and military aircraft airframe, engine and component maintenance, repair and overhaul (MRO); aerostructures including nacelles and composite floor panels; freighter conversions; shipbuilding, repair and conversion; land systems such as protected vehicles and ammunition; digital systems including AI-powered 5G edge solutions, cybersecurity products like data diodes and managed security services; earth observation satellites; smart city technologies for rail electronics, intelligent transport systems, tolling and congestion pricing, integrated smart security management, healthcare ICT solutions and utilities management; as well as satellite communications ground infrastructure and connectivity services, serving customers in over 100 countries with operations spanning Asia, Europe, the Middle East and the United States through a network of subsidiaries and associated companies employing more than 27,000 people. The group operates a diverse portfolio addressing aerospace MRO with capacity for up to 45 widebody, 25 narrowbody and 25 general aviation aircraft simultaneously; smart mobility encompassing autonomous vehicles, mobility payments and IoT for energy and water; public security via command and control systems and cyber ranges; and connectivity through cloud-managed and data orchestration services. In recent developments, ST Engineering announced divestment of its 49% equity interest in Shanghai airframe MRO joint venture STARCO to China Eastern Airlines for approximately S$124.6 million in November 2025 to streamline operations and focus on growth in newer facilities in Guangzhou, Xiamen and Ezhou in China alongside expansions in Singapore and the US; opened a new multimillion-dollar engine MRO facility in Singapore in 2025 to double CFM56 and LEAP engine capacity to over 300 shop visits annually by 2027, creating over 300 jobs; secured strong contract wins totalling S$14 billion for the nine months ended September 30, 2025 including S$4.9 billion in Q3 across all segments such as Airbus A380 heavy maintenance, 155mm ammunition sales to South America and Eastern Europe, hybrid electric vehicles to Asia, barge-mounted power plants, rail solutions for Singapore's Thomson-East Coast Line Extension, tolling systems in the US and satellite ground infrastructure in multiple regions; and pursued subsidiary incorporations, dissolutions, capital injections and strategic partnerships in the first half of 2025 to optimize its structure and drive innovation in high-growth areas.

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