Company DescriptionUOB-Kay Hian Holdings Limited, an investment holding company, provides stockbroking, futures broking, structured lending, investment trading, margin financing, and nominee and research services in Singapore, Hong Kong, Thailand, Malaysia, and internationally. It offers corporate finance services ranging from financial advisory and investment banking to underwriting and placement services in primary and secondary listings; and acts as financers and arrangers for principals acquiring strategic stakes in regional listed companies. The company also provides investor education and margin trading services; structured financing, such as privatization financing and credit restructuring services; and wealth management products and services, including asset allocation strategies, discretionary portfolio management, asset manager platforms, and external investment products. In addition, it offers various products and services, such as equities, bonds, contracts for difference, daily leverage certificates, exchange traded funds, futures and options, leveraged foreign exchange, advisory, and unit trust. The company serves institutions, large corporations, high-net-worth individuals, and retail investors. The company was formerly known as Kay Hian Holdings Ltd. and changed its name to UOB-Kay Hian Holdings Limited in October 2000. UOB-Kay Hian Holdings Limited was incorporated in 2000 and is headquartered in Singapore.

How the Company Makes Money

UOB-Kay Hian Holdings Limited Financial Statement Overview

Summary

UOB-Kay Hian Holdings Limited exhibits strong profitability metrics and a solid balance sheet, but declining revenue growth and cash flow challenges may pose risks. The company's operational efficiency is commendable, yet attention is needed to reverse the declining revenue trend and improve cash flow generation.

Income Statement

Positive

The company shows a strong gross profit margin and net profit margin, indicating effective cost control. However, the revenue growth rate is negative, suggesting a decline in sales compared to previous periods. The EBIT and EBITDA margins are solid, reflecting operational efficiency.

Balance Sheet

Positive

The debt-to-equity ratio is moderate, suggesting a balanced use of debt and equity financing. Return on equity is healthy, demonstrating effective use of shareholder funds. The equity ratio is strong, indicating a solid financial position with a substantial portion of assets financed by equity.

Cash Flow

Neutral

The free cash flow growth rate is negative, pointing to challenges in generating cash flows. Operating cash flow to net income ratio is concerning, highlighting potential issues in converting profits into cash. However, the company maintains a positive free cash flow to net income ratio, indicating some ability to generate cash relative to profits.

TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Breakdown
Income Statement		Total Revenue
581.07M	532.70M	539.01M	448.35M	619.97M	560.56M
	Gross Profit
540.62M	241.15M	302.90M	227.27M	309.06M	279.88M
	EBIT
376.72M	137.36M	359.15M	160.74M	211.05M	235.01M
	EBITDA
388.99M	304.95M	253.70M	178.18M	230.14M	254.31M
	Net Income Common Stockholders
214.95M	224.22M	170.36M	101.88M	151.88M	159.41M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.02B	1.22B	1.04B	1.53B	986.70M	631.57M
	Total Assets
4.30B	4.59B	3.99B	4.32B	4.52B	4.64B
	Total Debt
0.00	832.58M	846.28M	1.40B	1.46B	1.50B
	Net Debt
-1.02B	-85.69M	-190.18M	159.08M	915.30M	989.38M
	Total Liabilities
2.46B	2.46B	2.08B	2.52B	2.76B	2.99B
	Stockholders Equity
1.81B	2.12B	1.89B	1.78B	1.74B	1.64B
Cash Flow		Free Cash Flow
86.58M	-96.50M	379.94M	795.70M	63.73M	-248.37M
	Operating Cash Flow
91.17M	-91.75M	384.09M	798.36M	68.83M	-242.82M
	Investing Cash Flow
-4.02M	-4.25M	-3.25M	-1.89M	-2.68M	-5.88M
	Financing Cash Flow
-335.75M	-65.52M	-577.61M	-101.96M	-28.82M	311.34M

UOB-Kay Hian Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (64)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4LJ		€1.27B	7.58	11.09%	6.48%	―	―
Sector *	64 Neutral	$12.87B	9.81	7.76%	16985.65%	12.28%	-7.83%
DBSDF		$99.47B	12.05	17.99%	4.68%	―	―
JCYCF		$7.36B	7.48	11.58%	6.08%	―	―
OVCHF		$56.83B	10.11	13.78%	5.03%	―	―
SNGNF		$50.00B	16.05	16.56%	4.29%	―	―
UOVEF		$45.67B	10.56	13.43%	4.79%	―	―

* Financial Sector Average

Performance Comparison

DE:4LJ

UOB-Kay Hian Holdings Limited

1.28

0.45

54.22%

DBSDF

DBS Group Holdings

35.53

10.40

41.38%

JCYCF

Jardine Cycle & Carriage

17.90

-0.66

-3.56%

OVCHF

Oversea-Chinese Banking

12.65

2.82

28.69%

SNGNF

Singtel

2.92

1.15

64.97%

UOVEF

UOB

28.11

6.87

32.34%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.