TipRanks
Go Ultimate55% OFF

Jasper Investments (FQ7) AI Stock Analysis

Top Page

SG:FQ7

Jasper Investments

(SGX:FQ7)

Select Model
Rating:45Neutral
Price Target:SGD 0.01â–²(0.00% Upside)
Action:reiterated
Date:10/01/26

The score is primarily constrained by weak financial performance: despite a sharp 2026 revenue rebound and improved gross margin, the company remains far from break-even with large losses and continued negative operating and free cash flow. Valuation is also pressured because the negative P/E reflects ongoing losses and dividend support is not indicated. Technical analysis contributes minimally due to missing indicator data, while low leverage and improved equity provide only partial offset.

Positive Factors
Revenue rebound and margin improvementThe sharp 2026 revenue rebound shows renewed top-line traction after several weak years, while higher gross margin indicates better economics on sales. If maintained, this combination could support operating leverage and improve the company’s path toward a more viable business scale.
Negative Factors
Severe ongoing lossesLarge net losses and deeply negative operating profit show that the revenue rebound has not yet translated into a sustainable earnings model. Continued losses can erode the restored equity base, constrain reinvestment, and make future profitability dependent on a substantial improvement in operating economics.

Jasper Investments (FQ7) vs. iShares MSCI Singapore ETF (EWS)

Not enough price history over this period.

Market Cap
SGD 52.09M
Dividend Yield
―
Average Volume (3M)
―
Price to Earnings (P/E)
-3.3
Beta (1Y)
0.33
Revenue Growth
―
EPS Growth
―
Country
Singapore
Employees
181
Sector
Industrials
Sector Strength
63
Industry
Marine Shipping

Jasper Investments Business Overview & Revenue Model

Company Description

Salt Investments Limited operates as an investment holding company with a core focus on the maritime sector. The firm delivers specialized engineering and maintenance solutions for diverse seagoing vessels, including tankers and other oceangoing craf...

Jasper Investments Financial Statement Overview

Summary

Revenue rebounded strongly in 2026 and gross margin improved, but profitability remains very weak with a large net loss and deeply negative EBIT/EBITDA. Cash flow is persistently negative with ongoing operating cash burn and negative free cash flow. The balance sheet is a relative bright spot with very low leverage and restored positive equity, but returns remain strongly negative due to losses.

Income Statement

18Very Negative

Balance Sheet

62Positive

Cash Flow

24Negative
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue14.69M14.69M2.13M000
Gross Profit1.98M1.98M143.00K0-2,748-24.27K
EBITDA-13.12M-12.96M-5.98M-752.30K-1.02M-673.64K
Net Income-13.38M-13.38M-6.03M-839.00K-1.05M―
Balance Sheet
Total Assets21.70M21.70M23.33M345.00K9,000412.57K
Cash, Cash Equivalents and Short-Term Investments4.79M4.79M5.59M344.00K1,000136.62K
Total Debt146.00K146.00K62.00K229.00K1.53M1.44M
Total Liabilities6.83M6.83M3.01M1.67M2.49M1.85M
Stockholders Equity14.25M14.25M19.46M-1.32M-2.48M-1.44M
Cash Flow
Free Cash Flow-3.09M-3.00M-6.93M-501.00K-331.37K-848.14K
Operating Cash Flow-2.95M-2.95M-3.43M-501.00K-328.71K-841.37K
Investing Cash Flow-3.35M-3.35M-9.63M0-2,661-6,763
Financing Cash Flow5.49M5.49M18.31M844.00K206.12K976.64K

Jasper Investments Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

SG:FQ7 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
SG:BQNSG:BQN64NeutralSGD 25.50M10.124.80%5.88%-7.36%44.83%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
SG:566SG:56646NeutralSGD 64.16M-4.66-10.54%2.08%291.80%-721.05%
SG:FQ7SG:FQ745NeutralSGD 52.09M-3.33-69.64%―――

* Industrials Sector Average

Performance Comparison

0%50%100%150%200%SG:566SG:1J4SG:BIPSG:BQNSG:CHJDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
SG:FQ7 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
SG:FQ7Jasper Investments ―――
SG:566SHS Holdings Ltd.0.11-0.02-14.06%
SG:1J4JEP Holdings Ltd.0.490.2390.38%
SG:BIPVibrant Group Ltd0.13-0.03-21.38%
SG:BQNBH Global Corporation Limited0.09-0.02-21.30%
SG:CHJUni-Asia Group Ltd.0.940.078.09%

Jasper Investments Corporate Events

Salt Investments Builds Maritime Platform as Singapore Oil Hub Booms

Sep 29, 2026

Salt Investments used its FY2026 AGM to highlight continued momentum in its maritime-focused businesses, including oil distribution, lubricants and waste-to-value operations. Recent milestones include securing EUROTEC lubricants distributorship, laun...

Salt Investments Cuts FY2026 Loss After Audit Triggers Major Accounting Adjustments

Sep 15, 2026

Salt Investments Limited has disclosed material variances between its previously released unaudited results and the audited financial statements for the year ended 31 March 2026. The revisions follow an independent audit, with shareholders urged to r...

Salt Investments Deepens ESG Integration with FY2026 Sustainability Report

Aug 30, 2026

Salt Investments Limited has released its FY2026 sustainability report, detailing how environmental, social and governance considerations are now embedded in its strategic planning and operational oversight. The board highlights strengthened governan...

Salt Investments Secures ACRA AGM Extension After SGX Rejects Listing Rule Delay

Aug 13, 2026

Salt Investments Limited has disclosed that Singapore Exchange Regulation has rejected its request for a two-month extension to comply with listing rules on holding its annual general meeting for the year ended 31 March 2026, and the company is now s...

Salt Investments Seeks Extension to Hold FY2026 AGM Amid Audit Delay

Jul 27, 2026

Salt Investments Limited has informed shareholders that its annual general meeting for the financial year ended 31 March 2026 will not be held within the usual four-month window due to extended audit requirements. The company’s auditor, RT LLP,...

Salt Investments forms strategic advisory committee, names Tan Chin Hwee as chair

Jul 27, 2026

Salt Investments Limited has formed a Committee of Strategic Advisors to support its board and management in identifying long-term strategic opportunities, industry partnerships and innovation initiatives across maritime, marine engineering, energy a...

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 01, 2026