Oceanus Group Limited (579) AI Stock Analysis

• Market Cap: S$154.58M
• Dividend Yield: N/A
• Average Volume (3M): 30.20K
• Price to Earnings (P/E): 50.0
• Beta (1Y): -0.28
• Revenue Growth: -18.54%
• EPS Growth: N/A
• Country: SG
• Employees: 137
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Distribution
• EPS (TTM): 0.00
• Shares Outstanding: 25,762,746,000
• 10 Day Avg. Volume: 30,200
• 30 Day Avg. Volume: 30,200
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: ―

Oceanus Group's stock score reflects a combination of moderate improvements in operational efficiency countered by significant financial leverage and cash flow challenges. The high P/E ratio suggests potential overvaluation, adding to the financial risks. The lack of technical analysis and corporate events data leaves these areas unassessed, which could further impact the score.

Oceanus Group Limited Business Overview & Revenue Model

Company Description

Oceanus Group Limited, an investment holding company, sells processed marine products, alcoholic beverages, cosmetics, and coffee in Singapore and the People's Republic of China. It operates through Live Marine Products, Trading, and Consultancy segments. The company also cultivates and sells abalone and other products; provides consultancy services related to fish farming; and acquires technologies for aquaculture and fishery business. In addition, it is involved in the operation of fish hatcheries and fish farms, as well as provision of fishery research services; trading animal feeds and canned abalone; wholesale of various goods; production of aquaculture and abalone farming, and sale of products; media, marketing, and consultancy; and advertising and motion picture/video production businesses. The company markets its products under the Oceanus brand. Oceanus Group Limited was incorporated in 1998 and is based in Singapore.

How the Company Makes Money

Oceanus Group Limited generates revenue through several key channels. The primary revenue stream comes from its aquaculture operations, where it cultivates and sells seafood products, particularly abalone, both domestically and internationally. The company also earns income from its FMCG segment by marketing and distributing a range of consumer products, including food and beverage items. Furthermore, Oceanus Group has established strategic partnerships and joint ventures that enhance its distribution capabilities and market reach, contributing to its overall earnings. These collaborations, along with the company's focus on innovation and sustainability, play a crucial role in its financial performance.

Oceanus Group Limited Financial Statement Overview

Summary

Oceanus Group shows moderate operational efficiency improvements but faces financial leverage challenges. Profitability metrics have improved, but declining revenue and cash flow issues pose significant risks. The high debt levels and negative cash flow metrics suggest a need for strategic financial management.

Income Statement

Oceanus Group shows a fluctuating revenue trajectory with a recent decline in total revenue from 2023 to 2024. Gross profit margin improved slightly in 2024 at 7.0% compared to 2023's 7.4%, reflecting moderate cost control. Net profit margin turned positive in 2024 at 1.3% after a negative margin in 2023. The EBIT margin increased to 2.8% in 2024 from 1.1% in 2023, indicating better operational efficiency. However, revenue growth rate was negative in the recent period, highlighting a need for growth strategies.

Balance Sheet

The company exhibits a high debt-to-equity ratio of 1.42 in 2024, indicating significant leverage which could pose financial risks. The equity ratio is 33.7%, suggesting a moderate level of financial stability. While there is a small improvement in stockholders' equity, the high debt levels remain a concern. Return on equity improved to 6.4% in 2024, reflecting better profitability from equity investments.

Cash Flow

Oceanus Group's cash flow situation is challenging, with negative free cash flow and operating cash flow in 2024. The free cash flow to net income ratio is negative, highlighting cash flow strain. Despite a marginal improvement in free cash flow growth rate compared to previous years, the negative operating cash flow to net income ratio underscores inefficiencies in cash generation from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	340.42M	290.08M	344.28M	234.50M	140.37M	92.07M
Gross Profit	21.81M	20.32M	25.48M	18.37M	10.23M	9.33M
EBITDA	21.71M	12.42M	9.15M	-2.69M	13.83M	11.87M
Net Income	-2.81M	3.75M	-1.88M	-13.16M	7.05M	7.27M
Balance Sheet
Total Assets	184.64M	174.03M	184.64M	166.76M	144.06M	70.24M
Cash, Cash Equivalents and Short-Term Investments	19.21M	9.90M	19.21M	12.03M	38.92M	18.49M
Total Debt	93.28M	83.21M	93.28M	69.01M	25.96M	20.74M
Total Liabilities	123.27M	110.36M	123.27M	108.08M	110.78M	41.77M
Stockholders Equity	53.66M	58.59M	53.66M	50.66M	27.35M	25.23M
Cash Flow
Free Cash Flow	-15.60M	-1.43M	-15.60M	-36.34M	-36.31M	-20.58M
Operating Cash Flow	-14.38M	-1.43M	-14.38M	-32.64M	-34.20M	-20.51M
Investing Cash Flow	-875.00K	1.47M	-875.00K	-3.45M	2.21M	-6.06M
Financing Cash Flow	24.09M	-9.19M	24.09M	8.17M	57.51M	20.88M

Oceanus Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
579	49 Neutral	S$154.58M	50.00	10.03%	―	-18.54%	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Oceanus Group Limited Corporate Events

Oceanus Group Limited Enhances Member Engagement at AGM

Oceanus Group Limited held its Annual General Meeting (AGM) at the NTU Alumni Club in Singapore, attended by key directors and management. The meeting focused on enhancing member engagement by allocating more time for a Q&A session, allowing members to submit questions in advance and during the meeting, fostering greater participation and transparency.