Ever Glory United Holdings Ltd
Ever Glory United Holdings has a liquidity position that is moderate, with a current ratio of 1.56, indicating that it has sufficient current assets to cover its current liabilities, but not with a large buffer. The company's liquidity_fpt metric suggests that it is not in a position of high liquidity, and the risk assessment indicates a medium liquidity risk. The company's cash and equivalents amount to SGD 23,180,000, which is less than its long-term debt of SGD 42,001,000, resulting in a net cash position that is negative after subtracting total debt. In terms of profitability, Ever Glory United Holdings has a return on equity (ROE) of 34.56%, which is a strong return relative to its equity base. The return on assets (ROA) is 11.78%, indicating that the company is effectively using its assets to generate profit. The debt-to-equity ratio of 0.72 suggests that the company is not overly leveraged, and the operating income of SGD 19,357,000 indicates a healthy level of operational profitability. The company's revenue is derived from two segments: M&E engineering services and Property development. The M&E engineering services segment is a construction segment relating to M&E engineering, while the Property development segment relates to the development of properties. The company's projects span both the private and public sectors, including residential, commercial, and industrial buildings in Singapore. The growth trajectory of Ever Glory United Holdings is not explicitly detailed in the provided data, but the company's revenue of SGD 116,432,000 and net income of SGD 20,122,000 suggest a stable financial position. The outlook for the company's revenue and profitability is not provided, but the risk assessment indicates a low dilution risk, suggesting that the company is not expected to issue additional shares in the near term. The risk assessment for Ever Glory United Holdings indicates a medium liquidity risk and a low dilution risk. The company's capital structure is not expected to be significantly altered by dilution in the near term, and the risk assessment does not indicate any major adjustments to the company's valuation. Recent events related to Ever Glory United Holdings include analyst estimates that suggest a mean price target of SGD 0.90, with a mean recommendation of 2.00, indicating a neutral stance from analysts. The company has one buy recommendation and no strong buy or hold recommendations.
Business. Ever Glory United Holdings Limited provides mechanical and electrical (M&E) engineering services and engages in property development in Singapore, generating revenue through the supply and installation of building systems and property development projects.
Classification. Ever Glory United Holdings is classified under the Industrials sector, specifically in the Industrial & Commercial Services business sector, with a confidence level of 0.92.
- Ever Glory United Holdings has a strong return on equity (34.56%) and a healthy return on assets (11.78%), indicating effective use of equity and assets to generate profit.
- The company's liquidity position is moderate, with a current ratio of 1.56, suggesting it can cover its current liabilities but with limited buffer.
- The company's debt-to-equity ratio of 0.72 indicates a conservative capital structure with manageable leverage.
- Analysts have a neutral stance on the company, with a mean recommendation of 2.00 and a mean price target of SGD 0.90.
- The company's revenue is derived from two segments, M&E engineering services and Property development, with projects in both private and public sectors in Singapore.
- The risk assessment indicates a low dilution risk, suggesting the company is not expected to issue additional shares in the near term.
- --
- ## RATIONALES
- Net cash is negative after subtracting total debt.