Shanghai Turbo Enterprises Ltd. (AWM) AI Stock Analysis

Shanghai Turbo Enterprises Ltd.

(SGX:AWM)

Select Model

Rating:47Neutral

Price Target:SGD 0.03▲(0.00% Upside)

Action:reiterated

Date:08/21/26

The score is held back mainly by weak cash generation and a stressed balance sheet (negative equity and high leverage), despite improved recent profitability. Technical indicators are broadly neutral with price still below key short- and mid-term averages. A very low P/E provides some valuation support but does not offset the elevated financial risk.

Positive Factors

Revenue and profit recoveryThe return to profitability alongside double-digit TTM revenue growth indicates improved commercial performance and product economics. If maintained, this recovery can rebuild operating capacity, support reinvestment, and provide a stronger earnings base over the next several quarters.

Negative Factors

Negative equity and high leverageNegative equity and a heavy debt load materially weaken financial resilience and restrict the company’s ability to absorb setbacks. Elevated leverage can also constrain investment and capital allocation, while refinancing or creditor demands may remain significant over the coming quarters.

Shanghai Turbo Enterprises Ltd. (AWM) vs. iShares MSCI Singapore ETF (EWS)

Market Cap: SGD 1.07M
Dividend Yield: ―
Average Volume (3M): 268.80K
Price to Earnings (P/E): 1.0
Beta (1Y): 6.04
Revenue Growth: 38.97%
EPS Growth: ―
Country: Singapore
Employees: ―
Sector: Industrials
Sector Strength: 63
Industry: Industrial - Machinery

Shanghai Turbo Enterprises Ltd. Business Overview & Revenue Model

Company Description

Shanghai Turbo Enterprises Ltd operates as an investment holding company, primarily focused on the fabrication and distribution of specialized vane products. Its product portfolio encompasses a variety of critical components, such as root, turbine, a...

Shanghai Turbo Enterprises Ltd. Financial Statement Overview

Summary

Income statement trends improved (TTM revenue +12.3% and return to profitability with ~4.9% net margin), but operating profitability remains very thin (~1.1% EBIT margin). The bigger constraint is financial risk: negative shareholders’ equity and very high debt, alongside meaningfully negative TTM operating and free cash flow, which pressures earnings quality and increases liquidity/financing risk.

Income Statement

56Neutral

Balance Sheet

28Negative

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	112.49M	90.67M	84.13M	80.96M	64.57M	62.56M
Gross Profit	26.27M	18.17M	15.97M	20.17M	10.67M	14.78M
EBITDA	7.03M	1.44M	3.05M	3.87M	-49.00K	12.52M
Net Income	5.51M	1.83M	-4.92M	-3.07M	-9.22M	-244.00K
Balance Sheet
Total Assets	152.02M	153.77M	95.20M	18.57M	96.54M	87.95M
Cash, Cash Equivalents and Short-Term Investments	3.33M	9.03M	12.30M	1.70M	13.70M	5.73M
Total Debt	97.54M	89.93M	42.50M	8.27M	43.50M	17.49M
Total Liabilities	154.09M	143.80M	85.79M	14.15M	74.66M	58.25M
Stockholders Equity	-2.52M	9.97M	9.40M	4.42M	21.88M	29.70M
Cash Flow
Free Cash Flow	-48.95M	-49.15M	5.35M	650.00K	-16.78M	-6.63M
Operating Cash Flow	-20.69M	-19.97M	16.07M	650.00K	-16.52M	-3.84M
Investing Cash Flow	-28.26M	-29.18M	-10.72M	-451.05K	-241.00K	-6.62M
Financing Cash Flow	35.55M	46.82M	-4.00M	-1.29M	28.15M	8.01M

Shanghai Turbo Enterprises Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price0.03

Price Trends

50DMA0.04Negative

100DMA0.04Negative

200DMA0.04Negative

Market Momentum

MACD-0.00Negative

RSI2.52Positive

STOCH0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:AWM, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 2.52 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:AWM.

Shanghai Turbo Enterprises Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

SG:AWM against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SG:BKA	63Neutral	SGD 61.90M	15.03	4.00%	1.82%	-23.53%	-23.86%
SG:500	49Neutral	SGD 234.73M	20.90	4.99%	4.61%	24.24%	-56.91%
SG:AWM	47Neutral	SGD 915.60K	1.00	91.97%	―	38.97%	―

* Industrials Sector Average

Performance Comparison

SG:AWM and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SG:AWM	Shanghai Turbo Enterprises Ltd.	0.03	0.00	3.45%
SG:G0I	Nam Lee Pressed Metal Industries Limited	0.55	0.02	4.56%
SG:BKA	Sin Heng Heavy Machinery Limited	0.55	-0.12	-17.79%
SG:500	Tai Sin Electric Limited	0.51	-0.14	-21.78%
SG:B49	World Precision Machinery Ltd.	0.11	-0.07	-38.55%
SG:F13	Fu Yu Corporation Limited	0.06	-0.04	-39.62%

Shanghai Turbo Enterprises Ltd. Corporate Events

Shanghai Turbo Shareholders Back All AGM Resolutions Amid Going-Concern Questions

Aug 21, 2026

Shanghai Turbo Enterprises Ltd. has released the minutes of its 22 July 2026 annual general meeting in Singapore, where shareholders approved the adoption of the FY2024 audited financial statements and re-elected non-executive independent director Fo...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.

Date of analysis: Aug 21, 2026

Shanghai Turbo Enterprises Ltd. AI Stock Analysis