BH Global Corporation Limited (BQN) AI Stock Analysis

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BH Global Corporation Limited

(SGX:BQN)

Select Model

Rating:64Neutral

Price Target:SGD 0.09▲(7.06% Upside)

Action:reiterated

Date:10/08/26

The score is driven primarily by mixed financial performance: a strong TTM revenue rebound and improved cash generation are tempered by thin margins, weak EBIT, and historically volatile cash flows. Valuation is a key positive with a moderate P/E and high dividend yield. Technically, the stock is above shorter moving averages but below the 200-day and has mixed momentum signals, keeping the overall score in the mid-range.

Positive Factors

Revenue reboundThe sharp TTM revenue rebound indicates renewed business activity and stronger recent demand after a weaker period. If sustained, this expanded revenue base can improve operating leverage, support reinvestment, and provide a stronger platform for earnings growth over the next several quarters.

Negative Factors

Thin profitabilityVery thin net margins and weak EBIT mean relatively little revenue reaches the bottom line, leaving earnings vulnerable to cost pressure or modest operating setbacks. Negative EBIT in 2025 also indicates that the recent improvement has not yet established a consistently durable profit engine.

BH Global Corporation Limited (BQN) vs. iShares MSCI Singapore ETF (EWS)

Market Cap: SGD 25.50M
Dividend Yield: 5.88%
Average Volume (3M): 9,408
Price to Earnings (P/E): 10.1
Beta (1Y): -0.26
Revenue Growth: -7.36%
EPS Growth: 44.83%
Country: Singapore
Employees: 176
Sector: Industrials
Sector Strength: 63
Industry: Industrial - Distribution

BH Global Corporation Limited Business Overview & Revenue Model

Company Description

BH Global Corporation Limited, an investment holding firm based in Singapore, delivers a broad spectrum of technical and electrical solutions to clients both domestically and internationally. Established in 1963, this subsidiary of Beng Hui Holding (...

BH Global Corporation Limited Financial Statement Overview

Summary

Underlying financial quality is mixed. Revenue rebounded sharply TTM (+289%) and cash generation improved (OCF ~S$4.8m; FCF ~S$4.4m), but profitability remains thin (TTM net margin ~2.2%) and operating profitability has been weak (EBIT ~S$0.6m; negative in 2025). Balance sheet is relatively stable with moderate leverage (debt-to-equity ~0.34), yet returns are still modest (TTM ROE ~4.8%).

Income Statement

54Neutral

Balance Sheet

72Positive

Cash Flow

60Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	51.19M	48.31M	60.38M	59.15M	55.19M	46.84M
Gross Profit	20.85M	19.45M	24.55M	24.40M	23.14M	19.44M
EBITDA	4.18M	3.08M	5.50M	6.45M	5.40M	7.17M
Net Income	2.53M	1.08M	2.69M	3.46M	2.87M	4.97M
Balance Sheet
Total Assets	83.35M	82.36M	88.84M	88.36M	88.11M	84.63M
Cash, Cash Equivalents and Short-Term Investments	3.84M	4.34M	5.30M	5.30M	5.74M	9.60M
Total Debt	17.68M	17.84M	20.17M	15.98M	16.50M	16.30M
Total Liabilities	29.61M	29.94M	33.32M	32.96M	34.08M	31.14M
Stockholders Equity	53.47M	51.99M	57.12M	56.30M	54.14M	53.17M
Cash Flow
Free Cash Flow	4.36M	3.36M	-1.35M	2.19M	-2.00M	4.64M
Operating Cash Flow	4.79M	4.91M	761.00K	5.34M	-583.00K	6.54M
Investing Cash Flow	-400.00K	-592.00K	-1.67M	-2.77M	-1.02M	-727.00K
Financing Cash Flow	-3.62M	-5.17M	1.04M	-2.99M	-2.27M	-8.28M

BH Global Corporation Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price0.09

Price Trends

50DMA0.08Positive

100DMA0.08Negative

200DMA0.09Negative

Market Momentum

MACD0.00Positive

RSI65.38Neutral

STOCH53.03Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BQN, the sentiment is Neutral. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 65.38 is Neutral, neither overbought nor oversold. The STOCH value of 53.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SG:BQN.

BH Global Corporation Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

SG:BQN against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SG:1MZ	69Neutral	SGD 318.49M	2.90	41.27%	―	10.82%	60.12%
SG:S56	68Neutral	SGD 465.40M	5.35	10.90%	9.13%	4.39%	-28.01%
SG:5LY	67Neutral	SGD 426.18M	6.75	23.60%	1.38%	25.71%	175.44%
SG:A04	67Neutral	SGD 252.11M	7.57	23.66%	0.53%	3.03%	118.92%
SG:BQN	64Neutral	SGD 25.50M	10.12	4.80%	5.88%	-7.36%	44.83%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

* Industrials Sector Average

Performance Comparison

SG:BQN and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SG:BQN	BH Global Corporation Limited	0.09	-0.02	-21.30%
SG:5LY	Marco Polo Marine Ltd.	0.11	0.01	6.86%
SG:1J4	JEP Holdings Ltd.	0.49	0.23	90.38%
SG:A04	ASL Marine Holdings Ltd.	0.24	-0.01	-4.67%
SG:1MZ	Nam Cheong Limited	0.81	0.09	12.59%
SG:S56	Samudera Shipping Line Ltd	0.86	-0.04	-4.63%

BH Global Corporation Limited Corporate Events

BH Global completes liquidation of Omnisense Taiwan branch with no material impact

Jul 24, 2026

BH Global Corporation Limited has completed the liquidation of the Taiwan branch of its indirect subsidiary, Omnisense Systems Private Limited, as of 17 July 2026. The move reflects ongoing rationalisation of the group’s overseas footprint whil...

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: Oct 08, 2026

BH Global Corporation Limited AI Stock Analysis

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