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ASL Marine Holdings Ltd. (SG:A04)
SGX:A04
Singapore Market

ASL Marine Holdings Ltd. (A04) AI Stock Analysis

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ASL Marine Holdings Ltd.

(SGX:A04)

62Neutral
ASL Marine Holdings Ltd. earns a stock score of 62, reflecting a solid financial foundation with improving revenue and profitability, although high leverage remains a concern. Technical analysis shows a stable price with no clear momentum, while valuation suggests a fair price point relative to earnings. The lack of recent earnings call data or significant corporate events tempers the score, highlighting the need for investors to watch for future updates.

ASL Marine Holdings Ltd. (A04) vs. S&P 500 (SPY)

ASL Marine Holdings Ltd. Business Overview & Revenue Model

Company DescriptionASL Marine Holdings Ltd. (A04) is a Singapore-based integrated marine company that operates in the marine and offshore services sector. The company specializes in providing a comprehensive range of services including shipbuilding, ship repair and conversion, marine engineering, and other related services. It caters to a diverse clientele including shipping companies, offshore oil and gas companies, and other marine-related industries.
How the Company Makes MoneyASL Marine Holdings Ltd. generates revenue through multiple key streams. Firstly, the company earns income from its shipbuilding operations by constructing and selling various types of vessels, including offshore support vessels and tugs. Secondly, it generates revenue from ship repair and conversion services, where it undertakes the maintenance, upgrading, and modification of vessels to meet clients' needs. Additionally, the company provides marine engineering services, which include the fabrication and installation of marine equipment and structures. ASL Marine also engages in chartering services, offering its fleet of vessels for hire to various industries. Significant partnerships with shipping and offshore companies, as well as its strategic location in Singapore, contribute to its earnings by attracting a steady flow of business from regional and international clients.

ASL Marine Holdings Ltd. Financial Statement Overview

Summary
ASL Marine Holdings Ltd. demonstrates improving financial health with positive revenue growth and enhanced profitability margins. While leverage remains a concern, improved cash flow metrics provide a solid foundation for future growth. Continued focus on managing debt levels and enhancing operational efficiency will be crucial for sustaining this positive trajectory.
Income Statement
65
Positive
ASL Marine Holdings Ltd. shows a positive trend in revenue growth, with a notable increase from 2022 to 2023 and a continued rise into the TTM period. Gross and net profit margins have improved, reflecting better operational efficiency. However, the EBIT and EBITDA margins indicate room for further improvement in core profitability, suggesting some operational challenges remain.
Balance Sheet
60
Neutral
The company's debt-to-equity ratio is high, indicating significant leverage, which poses a risk if not managed properly. However, the return on equity has improved, suggesting better utilization of shareholder funds. The equity ratio is relatively low, highlighting a dependency on debt financing.
Cash Flow
70
Positive
ASL Marine Holdings Ltd. has a strong operating cash flow, which exceeds net income, indicating effective cash management. The free cash flow has grown, contributing positively to financial flexibility. However, fluctuations in investing and financing cash flows suggest some volatility in capital allocation strategies.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
342.77M349.33M335.81M235.56M192.96M243.64M
Gross Profit
47.08M45.66M29.45M-125.00K-1.21M12.67M
EBIT
16.86M27.52M14.06M-13.45M-19.07M2.14M
EBITDA
76.18M88.67M84.07M39.65M44.66M65.68M
Net Income Common Stockholders
3.88M3.92M3.54M-32.27M-35.02M-23.63M
Balance SheetCash, Cash Equivalents and Short-Term Investments
19.56M17.22M12.89M7.44M26.53M35.16M
Total Assets
518.42M543.46M559.78M583.96M608.48M681.09M
Total Debt
210.21M239.23M272.55M314.21M336.08M367.59M
Net Debt
190.65M222.01M259.65M306.77M309.55M332.43M
Total Liabilities
418.99M450.61M486.91M516.21M511.11M547.71M
Stockholders Equity
99.59M93.66M73.55M68.58M98.17M132.43M
Cash FlowFree Cash Flow
19.96M16.42M67.27M37.17M26.93M30.69M
Operating Cash Flow
42.83M40.39M83.37M55.40M45.83M41.04M
Investing Cash Flow
10.90M15.86M-2.56M-12.13M-1.44M-3.01M
Financing Cash Flow
-45.03M-51.74M-75.11M-50.32M-47.82M-27.57M

ASL Marine Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.06
Price Trends
50DMA
0.06
Positive
100DMA
0.06
Positive
200DMA
0.06
Positive
Market Momentum
MACD
<0.01
Positive
RSI
51.85
Neutral
STOCH
133.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:A04, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.85 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:A04.

ASL Marine Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
SGBS6
77
Outperform
$8.69B7.0628.14%2.87%7.88%58.71%
SGU96
70
Outperform
$11.75B11.5520.60%3.45%-8.88%8.31%
64
Neutral
$4.44B11.995.16%249.23%4.01%-11.87%
SGA04
62
Neutral
S$58.29M10.934.42%-9.28%-86.86%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:A04
ASL Marine Holdings Ltd.
0.06
0.00
0.00%
SG:U96
Sembcorp Industries
6.60
1.56
31.00%
SG:BS6
Yangzijiang Shipbuilding (Holdings)
2.16
0.51
31.15%

ASL Marine Holdings Ltd. Corporate Events

ASL Marine Holdings Ltd. Announces Final Redemption of Fixed Rate Notes
Mar 28, 2025

ASL Marine Holdings Ltd. announced the final redemption of its Series 006 Fixed Rate Notes, amounting to S$86.5 million, under its S$500 million Multicurrency Debt Issuance Programme. The redemption, set for March 2025, includes a total interest of 4.50% per annum, reflecting the company’s commitment to managing its debt obligations effectively, which could positively impact its financial stability and investor confidence.

ASL Marine Holdings Redeems and Cancels S$100 Million Series 006 Notes
Mar 28, 2025

ASL Marine Holdings Ltd. has announced the redemption and cancellation of its Series 006 Notes, valued at S$100,000,000, which were due in 2025. This action reflects the company’s commitment to managing its debt obligations and could positively impact its financial stability and stakeholder confidence.

ASL Marine Announces Additional Interest Payment on Series 006 Notes
Mar 14, 2025

ASL Marine Holdings Ltd. announced the payment of additional interest on its Series 006 Notes, part of its S$500 million multicurrency debt issuance program. The additional interest rate of 1.5% per annum is based on the company’s Adjusted Core EBITDA for FY2024, which exceeded the threshold by S$10 million. This financial maneuver reflects the company’s robust financial performance and its commitment to fulfilling obligations to noteholders, potentially enhancing its reputation in the financial markets.

ASL Marine Holdings to Redeem S$86.5 Million Notes by 2025
Feb 28, 2025

ASL Marine Holdings Ltd. announced the redemption of its Series 006 Notes, valued at S$86,500,000, which will mature on 28 March 2025. This financial move is part of the company’s multicurrency debt issuance programme, indicating a strategic step in managing its financial obligations and potentially impacting its liquidity and financial stability.

ASL Marine Holdings to Redeem Series 007 Notes in Strategic Financial Move
Feb 28, 2025

ASL Marine Holdings Ltd. has announced its intention to redeem all outstanding Series 007 Notes, valued at S$43,250,000, at 100% of their principal amount on April 1, 2025. This strategic financial move is part of the company’s ongoing debt management efforts, potentially impacting its financial stability and stakeholder confidence.

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.