Yeo Hiap Seng Ltd

Yeo Hiap Seng Ltd

SSGX:Y03
0.55
SGD
+0.02
(+3.77%)
487.13MMarket Cap
Mar 04Next 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
0.9
0.76
0.77
0.71
0.59
0.6
0.62
0.55
0.58
0.6
0.55
0.53
0.47
- -
Basic EPS, GAAP
0.15
0.05
0.06
0.05
0.25
0.02
0.03
-0.02
- -
- -
0.01
0.01
0.03
- -
Free Cash Flow per Basic Share
0.1
-0.03
-0.01
-0.02
-0.03
-0.02
- -
-0.02
-0.02
-0.01
0.04
0.02
-0.01
- -
Dividend per Share
0.01
0.07
0.02
0.02
0.04
0.02
0.05
0.03
- -
- -
- -
0.01
0.02
0.05
Book Value per Share
1.28
1.09
1.04
1.13
1.09
1.09
1.06
1.01
0.99
0.95
0.9
0.96
0.91
1.02
Tangible Book Value per Share
1.28
1.09
1.04
1.13
1.09
1.09
1.05
1.01
0.98
0.94
0.89
0.96
0.9
1.01
Basic Weighted Avg Shares
574
575
575
577
579
580
580
580
585
595
610
622
626
580
Sales/Revenue/Turnover
515
438
444
410
341
349
359
322
338
358
333
329
292
- -
Operating Margin (%)
12.3
4.69
5.49
3.33
-2.41
-1.03
-1.42
-5.54
-3.81
-2.33
-3.47
-3.06
-8.48
- -
Depreciation Expense
9
11
12
13
13
13
16
17
17
18
17
18
15
- -
Net Income, GAAP
88
29
37
29
146
12
18
-10
-3
2
7
7
21
- -
Effective Tax Rate (%)
6.64
14.45
16.32
18.59
1.14
10.42
26.59
- -
- -
61.94
45.76
49.14
32.12
- -
Profit Margin (%)
17.01
6.62
8.3
7.06
42.76
3.45
4.93
-3.12
-0.86
0.67
2.02
2.09
7.23
- -
Working Capital
239
185
169
316
354
356
354
307
285
281
293
267
248
327
LT Debt
7
5
- -
- -
- -
- -
19
16
14
16
15
15
15
17
Total Equity
736
627
598
654
632
633
616
588
584
571
557
602
568
593
Return on Invested Capital (%)
7.99
2.39
3.25
1.82
-0.64
-0.11
0.99
- -
- -
-0.53
-1.18
-1.42
-2.58
- -
Return on Capital (%)
11.87
4.19
5.99
4.63
22.66
1.9
2.87
- -
- -
0.44
1.22
1.22
3.57
- -
Return on Common Equity (%)
12.54
4.25
6.01
4.63
22.66
1.9
2.83
-1.67
-0.5
0.41
1.19
1.19
3.61
- -

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
19
19
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
580
580
580
Market Capitalization
516
545
487

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
429
425
392
Cash, Cash Equivalents & STI
301
296
277
Accounts Receivable, Net
79
73
66
Inventories
46
55
48
Total Current Liabilities
69
71
65
Payables & Accruals
- -
- -
- -
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.4%
-0.58%
-5.65%
Free Cash Flow
-119.2%
-129.38%
-152.29%
Net Income, GAAP
31.82%
27.57%
207.37%
Sales/Revenue/Turnover
-3.79%
-1.68%
-11.02%
Total Cash Common Dividend
51.83%
71.38%
21.24%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
329
2025
- -
- -
292
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.03
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

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

Company Description

CEO
Mun Loong Ho
Full Time Employees
1,542
Sector
Consumer non-durables
Industry
Beverages: non-alcoholic
Address
Singapore Singapore
IPO Date
Dec 3, 1979
Business
Yeo Hiap Seng Limited is a Singapore-based investment holding company that manufactures, markets, packages, distributes, and exports food and beverage products, alongside engaging in property investment and development. Founded in 1900 and headquartered in Singapore, the company operates as a subsidiary of Far East Organization and is listed on the Singapore Exchange. Yeo Hiap Seng Limited operates primarily through two reportable segments: Consumer Food and Beverage, and Others. The company offers a comprehensive product and service portfolio that includes Asian ready-to-drink beverages, such as its flagship soy bean milk, chrysanthemum tea, grass jelly, winter melon tea, sugarcane juice, lychee drink, and bird's nest drink; functional and lifestyle beverages, such as H-Two-O isotonic sports drinks, Pink Dolphin vitamin-enhanced beverages, and Justea flavored teas; Asian culinary sauces and condiments, including light and dark soy sauces, chilli sauces, sambal, sesame oil, oyster sauce, and cooking pastes; ambient canned food products, including canned curry chicken, rendang, sambal ikan bilis, canned seafood, and processed vegetables; grain and dry food products, including instant noodles and vermicelli marketed under the Cintan brand; third-party agency distribution and contract manufacturing services for multinational food and beverage partners; and commercial property investment, leasing, and equity investment activities. The company distributes its products across retail, wholesale, and foodservice channels in more than 50 countries worldwide, with core geographical operations in Singapore, Malaysia, Greater China, Hong Kong, Vietnam, Cambodia, Europe, North America, and Oceania. In recent developments, Yeo Hiap Seng Limited executed a leadership transition by appointing Adrian Ho Mun Loong as Chief Executive Officer in September 2026, succeeding Ong Yuh Hwang. Operationally, the company streamlined its supply chain by consolidating its canning operations from Singapore into its Malaysian manufacturing facilities to optimize operational efficiency and reduce costs, while retaining its Singapore facility as its global headquarters, logistics hub, and specialized production center. Concurrently, the group finalized an exit agreement concluding its Singapore manufacturing and co-packing tie-up with Oatly, receiving thirty-two million Singapore dollars in exit compensation while maintaining ongoing commercial distribution rights for Oatly products across Singapore and Malaysia. In addition, Yeo Hiap Seng Limited has realigned its strategic growth priorities toward core product portfolio innovation, expanding dual-format product offerings ranging from affordable smaller pack sizes to higher-margin premium beverages, accelerating export penetration across Western markets, and securing a fifty-year land lease extension for its manufacturing assets in Guangzhou, China.