Cash flow Sheng Siong Group Ltd

Stocks

OV8

SG2D54973185

Food Retail & Distribution

Delayed Singapore S.E. Other stock markets 06:59:29 18/06/2026 am IST			5-day change	1st Jan Change
3.250 ^SGD	+0.62%		+2.85%	+23.57%

29/05	Sheng Siong Group Ltd Approves Final Dividend for the Financial Year 31 December 2025, Payable on 15 May 2026	CI
12/05	Sheng Siong Group updates on litigation against independent director	RE

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Published financial data: SHENG SIONG GROUP LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	136.98Cr	133.95Cr	136.77Cr	142.87Cr	157Cr
Total Revenues	136.98Cr	133.95Cr	136.77Cr	142.87Cr	157Cr
Cost of Goods Sold, Total	98Cr	95Cr	96Cr	99Cr	107.83Cr
Gross Profit	39Cr	39Cr	41Cr	44Cr	49Cr
Selling General & Admin Expenses, Total	24Cr	24Cr	27Cr	29Cr	33Cr
Other Operating Expenses	-19.46L	-85.59L	-1.05Cr	-97.75L	-1.24Cr
Other Operating Expenses, Total	24Cr	24Cr	26Cr	29Cr	32Cr
Operating Income	16Cr	16Cr	15Cr	15Cr	17Cr
Interest Expense, Total	-23.64L	-27.77L	-35.18L	-44.6L	-53.29L
Interest And Investment Income	11.15L	36.74L	1.12Cr	1.27Cr	91.71L
Net Interest Expenses	-12.49L	9L	77.06L	82.69L	38.42L
Currency Exchange Gains (Loss)	-	-	-	35.47L	4L
EBT, Excl. Unusual Items	16Cr	16Cr	16Cr	16Cr	18Cr
Other Unusual Items	48.06L	42L	53.75L	58.81L	33.07L
EBT, Incl. Unusual Items	16Cr	16Cr	16Cr	17Cr	18Cr
Income Tax Expense	2.79Cr	2.94Cr	2.91Cr	3.04Cr	3.04Cr
Earnings From Continuing Operations	13Cr	13Cr	13Cr	14Cr	15Cr
Net Income to Company	13Cr	13Cr	13Cr	14Cr	15Cr
Minority Interest	-3L	-3L	-3L	1T	2L
Net Income - (IS)	13Cr	13Cr	13Cr	14Cr	15Cr
Net Income to Common Incl Extra Items	13Cr	13Cr	13Cr	14Cr	15Cr
Net Income to Common Excl. Extra Items	13Cr	13Cr	13Cr	14Cr	15Cr
Per Share Items
Net EPS - Basic	0.09	0.09	0.09	0.09	0.1
Basic EPS - Continuing Operations	0.09	0.09	0.09	0.09	0.1
Basic Weighted Average Shares Outstanding	150.35Cr	150.35Cr	150.35Cr	150.35Cr	150.35Cr
Net EPS - Diluted	0.09	0.09	0.09	0.09	0.1
Diluted EPS - Continuing Operations	0.09	0.09	0.09	0.09	0.1
Diluted Weighted Average Shares Outstanding	150.35Cr	150.35Cr	150.35Cr	150.35Cr	150.35Cr
Normalized Basic EPS	0.06	0.07	0.07	0.07	0.07
Normalized Diluted EPS	0.06	0.07	0.07	0.07	0.07
Dividend Per Share	0.06	0.06	0.06	0.06	0.07
Payout Ratio	69.05	70.49	68.85	69.97	64.38
Supplemental Items
EBITDA	18Cr	18Cr	17Cr	17Cr	19Cr
EBITA	16Cr	16Cr	15Cr	15Cr	17Cr
EBIT	16Cr	16Cr	15Cr	15Cr	17Cr
EBITDAR	18Cr	18Cr	17Cr	17Cr	19Cr
Effective Tax Rate - (Ratio)	17.31	18.05	17.85	18.12	16.92
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	2.83Cr	3.11Cr	2.84Cr	3.16Cr	3.15Cr
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-4L	-16.89L	8L	-11.7L	-11.2L
Normalized Net Income	9.73Cr	9.9Cr	9.82Cr	10Cr	11Cr
Interest on Long-Term Debt	23.64L	27.77L	35.18L	44.6L	1.03Cr
Supplemental Operating Expense Items
Selling and Marketing Expenses	75.76L	78.55L	22Cr	24Cr	27Cr
General and Administrative Expenses	23Cr	24Cr	4.96Cr	5.85Cr	6.15Cr
Net Rental Expense, Total	31.68L	37.29L	24.98L	28.53L	30.6L
Imputed Operating Lease Interest Expense	8L	9L	7L	9L	9L
Imputed Operating Lease Depreciation	24.06L	27.95L	17.84L	19.56L	21.9L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	25Cr	28Cr	32Cr	35Cr	44Cr
Short Term Investments	18.59L	23.62L	32.09L	25.15L	24.22L
Total Cash And Short Term Investments	25Cr	28Cr	33Cr	36Cr	44Cr
Accounts Receivable, Total	74.68L	1Cr	1.29Cr	1.11Cr	1.14Cr
Other Receivables	6L	30.88L	62.94L	16.94L	22.28L
Total Receivables	80.85L	1.31Cr	1.92Cr	1.28Cr	1.36Cr
Inventory	9.84Cr	10Cr	9.18Cr	9.84Cr	10Cr
Prepaid Expenses	16.6L	40.77L	61.58L	51.46L	55.97L
Total Current Assets	36Cr	40Cr	44Cr	47Cr	56Cr
Gross Property Plant And Equipment	53Cr	56Cr	57Cr	63Cr	69Cr
Accumulated Depreciation	-15Cr	-17Cr	-18Cr	-19Cr	-20Cr
Net Property Plant And Equipment	38Cr	39Cr	39Cr	43Cr	48Cr
Deferred Tax Assets Long-Term	-	-	-	-	2L
Other Long-Term Assets, Total	-	-	-	3Cr	3Cr
Total Assets	74Cr	79Cr	83Cr	94Cr	107.17Cr
Liabilities
Accounts Payable, Total	12Cr	13Cr	12Cr	13Cr	14Cr
Accrued Expenses, Total	7.16Cr	5.62Cr	5.69Cr	7.14Cr	8.35Cr
Current Portion of Long-Term Debt	50L	-	-	-	-
Current Portion of Leases	2.77Cr	3.31Cr	3.44Cr	3.77Cr	4.64Cr
Current Income Taxes Payable	2.54Cr	3.53Cr	2.96Cr	3.27Cr	3.24Cr
Unearned Revenue Current, Total	-	49.73L	61.62L	76.3L	1.07Cr
Other Current Liabilities	1.68Cr	91.36L	1.21Cr	2.48Cr	2.93Cr
Total Current Liabilities	27Cr	27Cr	26Cr	30Cr	34Cr
Long-Term Debt	-	-	-	-	-
Long-Term Leases	4.89Cr	6.26Cr	6.69Cr	8.79Cr	13Cr
Deferred Tax Liability Non Current	32.29L	15.4L	23.06L	12.61L	3L
Other Non Current Liabilities	-	-	-	34.17L	90.14L
Total Liabilities	32Cr	33Cr	33Cr	40Cr	48Cr
Common Stock, Total	24Cr	24Cr	24Cr	24Cr	24Cr
Retained Earnings	25Cr	29Cr	33Cr	37Cr	42Cr
Comprehensive Income and Other	-6.83Cr	-6.88Cr	-6.89Cr	-6.86Cr	-6.87Cr
Total Common Equity	41Cr	45Cr	49Cr	53Cr	59Cr
Minority Interest	29.16L	29.27L	32.03L	34.14L	30.78L
Total Equity	42Cr	46Cr	50Cr	54Cr	59Cr
Total Liabilities And Equity	74Cr	79Cr	83Cr	94Cr	107.17Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	150.35Cr	150.35Cr	150.35Cr	150.35Cr	150.35Cr
ECS Total Common Shares Outstanding	150.35Cr	150.35Cr	150.35Cr	150.35Cr	150.35Cr
Book Value / Share	0.27	0.3	0.33	0.36	0.39
Tangible Book Value	41Cr	45Cr	49Cr	53Cr	59Cr
Tangible Book Value Per Share	0.27	0.3	0.33	0.36	0.39
Total Debt	8.17Cr	9.56Cr	10Cr	13Cr	17Cr
Net Debt	-17Cr	-18Cr	-23Cr	-23Cr	-26Cr
Debt Equivalent Oper. Leases	2.53Cr	2.98Cr	2Cr	2.28Cr	2.45Cr
Minority Interest, Total (Incl. Fin. Div)	29.16L	29.27L	32.03L	34.14L	30.78L
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	9.84Cr	10Cr	9.18Cr	9.84Cr	10Cr
Land - (BS)	29Cr	29Cr	29Cr	31Cr	-
Machinery, Total	12Cr	13Cr	13Cr	14Cr	15Cr
Full Time Employees	-	-	-	-	-
Part Time Employees	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	13Cr	13Cr	13Cr	14Cr	15Cr
Depreciation & Amortization - CF	5.16Cr	5.26Cr	5.3Cr	5.85Cr	6.4Cr
Depreciation & Amortization, Total	5.16Cr	5.26Cr	5.3Cr	5.85Cr	6.4Cr
(Gain) Loss From Sale Of Asset	-2L	-32T	-11T	-49T	-27T
Other Operating Activities, Total	-37L	66.52L	-1.25Cr	-81.82L	-73.9L
Change In Accounts Receivable	83.45L	-79.36L	-89.95L	80.47L	-11.47L
Change In Inventories	-2.05Cr	-27.99L	93.8L	-66.24L	-20.99L
Change In Accounts Payable	43.02L	-1.49Cr	24.88L	2.98Cr	3.13Cr
Change in Other Net Operating Assets	-	-	-	-	25.16L
Cash from Operations	17Cr	17Cr	18Cr	22Cr	24Cr
Capital Expenditure	-3.17Cr	-87.95L	-1.02Cr	-1.82Cr	-2.09Cr
Sale of Property, Plant, and Equipment	3L	1L	1L	2L	1L
Cash Acquisitions	-	-	-	-4.9Cr	-8L
Other Investing Activities, Total	11.15L	36.74L	1.12Cr	1.27Cr	91.71L
Cash from Investing	-3.03Cr	-49.72L	11.71L	-5.43Cr	-1.23Cr
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-5.6Cr	-3.69Cr	-3.42Cr	-3.65Cr	-4.09Cr
Total Debt Repaid	-5.6Cr	-3.69Cr	-3.42Cr	-3.65Cr	-4.09Cr
Common Dividends Paid	-9.17Cr	-9.4Cr	-9.2Cr	-9.62Cr	-9.62Cr
Common & Preferred Stock Dividends Paid	-9.17Cr	-9.4Cr	-9.2Cr	-9.62Cr	-9.62Cr
Other Financing Activities, Total	-21.58L	-25.69L	-32.76L	-42.08L	-49.48L
Cash from Financing	-15Cr	-13Cr	-13Cr	-14Cr	-14Cr
Foreign Exchange Rate Adjustments	2L	5L	1L	12.19L	-52T
Net Change in Cash	-72.59L	2.89Cr	4.89Cr	2.9Cr	8.21Cr
Supplemental Items
Cash Interest Paid	21.58L	25.69L	32.76L	42.08L	49.48L
Cash Income Tax Paid (Refund)	3.26Cr	2.12Cr	3.4Cr	2.92Cr	3.14Cr
Levered Free Cash Flow	10Cr	13Cr	13Cr	17Cr	17Cr
Unlevered Free Cash Flow	10Cr	13Cr	13Cr	17Cr	18Cr
Change In Net Working Capital	1.37Cr	1.53Cr	19.39L	-3.76Cr	-2.7Cr
Net Debt Issued / Repaid	-5.6Cr	-3.69Cr	-3.42Cr	-3.65Cr	-4.09Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	13.75	12.96	11.61	10.64	10.72
Return on Total Capital	20.74	18.83	16.32	14.88	15.05
Return On Equity %	33.64	30.67	28.15	26.57	26.42
Return on Common Equity	33.81	30.8	28.26	26.74	26.62
Margin Analysis
Gross Profit Margin %	28.71	29.38	30.02	30.48	31.31
SG&A Margin	17.36	18.22	19.82	20.65	21.14
EBITDA Margin %	12.98	13.25	12.28	11.74	12.06
EBITA Margin %	11.49	11.79	10.97	10.52	10.96
EBIT Margin %	11.49	11.79	10.97	10.52	10.96
Income From Continuing Operations Margin %	9.72	9.98	9.8	9.63	9.5
Net Income Margin %	9.7	9.95	9.77	9.63	9.52
Net Avail. For Common Margin %	9.7	9.95	9.77	9.63	9.52
Normalized Net Income Margin	7.11	7.39	7.18	7.09	7.03
Levered Free Cash Flow Margin	7.53	9.37	9.69	11.83	11.11
Unlevered Free Cash Flow Margin	7.63	9.5	9.85	12.03	11.32
Asset Turnover
Asset Turnover	1.91	1.76	1.69	1.62	1.56
Fixed Assets Turnover	3.79	3.47	3.53	3.49	3.43
Receivables Turnover (Average Receivables)	153.17	153.25	119.52	118.96	139.26
Inventory Turnover (Average Inventory)	11.08	9.48	9.92	10.44	10.84
Short Term Liquidity
Current Ratio	1.32	1.49	1.68	1.55	1.62
Quick Ratio	0.95	1.09	1.31	1.21	1.32
Operating Cash Flow to Current Liabilities	0.64	0.63	0.67	0.72	0.69
Days Sales Outstanding (Average Receivables)	2.38	2.38	3.05	3.08	2.62
Days Outstanding Inventory (Average Inventory)	32.95	38.5	36.79	35.05	33.67
Average Days Payable Outstanding	43.67	48.31	48.51	45.4	45.78
Cash Conversion Cycle (Average Days)	-8.34	-7.43	-8.66	-7.27	-9.49
Long Term Solvency
Total Debt/Equity	19.62	21.01	20.39	23.33	29.51
Total Debt / Total Capital	16.4	17.36	16.94	18.92	22.79
LT Debt/Equity	11.76	13.75	13.47	16.32	21.67
Long-Term Debt / Total Capital	9.83	11.36	11.18	13.23	16.73
Total Liabilities / Total Assets	43.67	42.02	40.14	42.43	44.84
EBIT / Interest Expense	66.59	56.89	42.65	33.69	32.29
EBITDA / Interest Expense	88.43	75.81	57.72	46.8	44.3
(EBITDA - Capex) / Interest Expense	75.02	72.65	54.83	42.72	40.39
Total Debt / EBITDA	0.39	0.45	0.5	0.6	0.74
Net Debt / EBITDA	-0.8	-0.87	-1.11	-1.1	-1.12
Total Debt / (EBITDA - Capex)	0.46	0.47	0.53	0.66	0.81
Net Debt / (EBITDA - Capex)	-0.94	-0.9	-1.17	-1.21	-1.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.74	-2.21	2.11	4.46	9.89
Gross Profit, 1 Yr. Growth %	2.99	0.05	4.33	6.08	12.9
EBITDA, 1 Yr. Growth %	17	-0.19	-5.41	0.91	12.88
EBITA, 1 Yr. Growth %	19.86	0.36	-5.03	1.31	14.53
EBIT, 1 Yr. Growth %	19.86	0.36	-5.03	1.31	14.53
Earnings From Cont. Operations, 1 Yr. Growth %	-4.33	0.4	0.26	2.63	8.5
Net Income, 1 Yr. Growth %	-4.2	0.35	0.26	2.9	8.68
Normalized Net Income, 1 Yr. Growth %	20.23	1.67	-0.73	3.1	9.02
Diluted EPS Before Extra, 1 Yr. Growth %	-4.19	0.35	0.26	2.9	8.68
Accounts Receivable, 1 Yr. Growth %	-28.31	34.08	28.57	-13.42	2.29
Inventory, 1 Yr. Growth %	26.28	2.84	-9.27	7.22	2.13
Net Property, Plant and Equip., 1 Yr. Growth %	12.37	1.7	-0.88	12.3	11.77
Total Assets, 1 Yr. Growth %	6.79	6.24	5.74	12.64	14.6
Tangible Book Value, 1 Yr. Growth %	11.01	9.4	9.18	8.33	9.93
Common Equity, 1 Yr. Growth %	11.01	9.4	9.18	8.33	9.93
Cash From Operations, 1 Yr. Growth %	-37	-3.42	6.15	23.68	8.05
Capital Expenditures, 1 Yr. Growth %	85	-72.25	15.5	79.08	14.7
Levered Free Cash Flow, 1 Yr. Growth %	-46.41	21.75	5.56	28.62	3.18
Unlevered Free Cash Flow, 1 Yr. Growth %	-46	21.69	5.85	28.59	3.45
Dividend Per Share, 1 Yr. Growth %	-4.62	0.32	0.48	2.4	9.38
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	17.55	-1.98	-0.07	3.28	7.14
Gross Profit, 2 Yr. CAGR %	21.4	1.51	2.17	5.2	9.43
EBITDA, 2 Yr. CAGR %	26.79	8.07	-2.84	-2.8	6.73
EBITA, 2 Yr. CAGR %	30.4	9.68	-2.37	-2.48	7.72
EBIT, 2 Yr. CAGR %	30.4	9.68	-2.37	-2.48	7.72
Earnings From Cont. Operations, 2 Yr. CAGR %	32.56	-1.99	0.33	1.44	5.52
Net Income, 2 Yr. CAGR %	32.44	-1.95	0.31	1.57	5.75
Normalized Net Income, 2 Yr. CAGR %	30.2	10.56	0.47	1.17	6.02
Diluted EPS Before Extra, 2 Yr. CAGR %	32.44	-1.95	0.31	1.57	5.75
Accounts Receivable, 2 Yr. CAGR %	13.43	-1.96	31.3	5.51	-5.89
Inventory, 2 Yr. CAGR %	9.42	13.96	-3.4	-1.37	4.64
Net Property, Plant and Equip., 2 Yr. CAGR %	3.61	6.9	0.4	5.5	12.03
Total Assets, 2 Yr. CAGR %	17.78	6.51	5.99	9.14	13.62
Tangible Book Value, 2 Yr. CAGR %	14.88	10.2	9.29	8.76	9.13
Common Equity, 2 Yr. CAGR %	14.88	10.2	9.29	8.76	9.13
Cash From Operations, 2 Yr. CAGR %	21.33	-22	1.26	14.58	15.6
Capital Expenditures, 2 Yr. CAGR %	-23.11	-28.35	-43.39	43.82	43.32
Levered Free Cash Flow, 2 Yr. CAGR %	45.88	-19.23	13.37	16.05	15.2
Unlevered Free Cash Flow, 2 Yr. CAGR %	45.05	-18.93	13.5	16.2	15.33
Dividend Per Share, 2 Yr. CAGR %	32.15	-2.18	0.4	1.44	5.83
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	15.42	10.55	-0.63	1.41	5.44
Gross Profit, 3 Yr. CAGR %	18.16	13.82	2.44	3.45	7.7
EBITDA, 3 Yr. CAGR %	21.06	17.07	3.37	-1.94	2.16
EBITA, 3 Yr. CAGR %	23.4	19.5	4.54	-1.54	2.89
EBIT, 3 Yr. CAGR %	23.4	19.5	4.54	-1.54	2.89
Earnings From Cont. Operations, 3 Yr. CAGR %	23.58	20.83	-1.25	1.09	3.74
Net Income, 3 Yr. CAGR %	23.34	20.74	-1.22	1.16	3.89
Normalized Net Income, 3 Yr. CAGR %	22.31	19.9	6.66	1.34	3.72
Diluted EPS Before Extra, 3 Yr. CAGR %	23.34	20.74	-1.22	1.16	3.89
Accounts Receivable, 3 Yr. CAGR %	9.8	19.93	7.31	14.28	4.42
Inventory, 3 Yr. CAGR %	12.07	7.19	5.62	0.01	-0.22
Net Property, Plant and Equip., 3 Yr. CAGR %	12.83	2.97	4.24	4.22	7.55
Total Assets, 3 Yr. CAGR %	19.2	13.8	6.25	8.16	10.93
Tangible Book Value, 3 Yr. CAGR %	12.52	13.02	9.86	8.97	9.15
Common Equity, 3 Yr. CAGR %	12.52	13.02	9.86	8.97	9.15
Cash From Operations, 3 Yr. CAGR %	23.26	12.45	-13.56	8.24	12.36
Capital Expenditures, 3 Yr. CAGR %	4.01	-45.26	-15.99	-16.89	33.37
Levered Free Cash Flow, 3 Yr. CAGR %	30.02	37.35	-11.69	17.92	11.59
Unlevered Free Cash Flow, 3 Yr. CAGR %	30.64	36.81	-11.39	18	11.78
Dividend Per Share, 3 Yr. CAGR %	22.17	20.56	-1.3	1.06	4.02
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.45	10.05	8.95	7.58	2.41
Gross Profit, 5 Yr. CAGR %	13.96	12.6	11.48	10.29	5.18
EBITDA, 5 Yr. CAGR %	14.46	12.93	10.87	8.67	4.49
EBITA, 5 Yr. CAGR %	15.79	14.05	12.36	10.17	5.55
EBIT, 5 Yr. CAGR %	15.79	14.05	12.36	10.17	5.55
Earnings From Cont. Operations, 5 Yr. CAGR %	16.25	13.96	13.7	12.67	1.41
Net Income, 5 Yr. CAGR %	16.22	13.82	13.55	12.67	1.51
Normalized Net Income, 5 Yr. CAGR %	15.39	13.93	13.06	12.02	6.41
Diluted EPS Before Extra, 5 Yr. CAGR %	16.22	13.82	13.55	12.67	1.51
Accounts Receivable, 5 Yr. CAGR %	3.27	4.01	17.94	13.94	1.82
Inventory, 5 Yr. CAGR %	9.71	10.74	5.6	3.68	5.23
Net Property, Plant and Equip., 5 Yr. CAGR %	8.69	8.83	7.68	3.98	7.29
Total Assets, 5 Yr. CAGR %	13.76	14.24	13.73	11.91	9.14
Tangible Book Value, 5 Yr. CAGR %	10.4	10.81	11.21	11.3	9.57
Common Equity, 5 Yr. CAGR %	10.4	10.81	11.21	11.3	9.57
Cash From Operations, 5 Yr. CAGR %	17.21	16.26	13.94	13.29	-2.9
Capital Expenditures, 5 Yr. CAGR %	-18.81	-13.07	-18.45	-19.44	4.02
Levered Free Cash Flow, 5 Yr. CAGR %	29.71	24.08	23.09	28.4	-1.94
Unlevered Free Cash Flow, 5 Yr. CAGR %	30.08	24.42	23.49	28.16	-1.7
Dividend Per Share, 5 Yr. CAGR %	10.58	13.52	12.95	12.51	1.49