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Advanced Systems Automation Limited (WJ9) AI Stock Analysis
Advanced Systems Automation Limited
(SGX:WJ9)
The score is primarily driven by weak financial performance, including severe margin compression, very large losses, negative equity, and a return to negative operating/free cash flow in 2025. Technical analysis is neutral due to missing indicators, and valuation is constrained by a negative P/E (loss-making) with no dividend yield data to offset risk.
Advanced Systems Automation Limited (WJ9) vs. iShares MSCI Singapore ETF (EWS)
Not enough price history over this period.
- Market Cap
- SGD 3.43M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -0.2
- Beta (1Y)
- 1.44
- Revenue Growth
- -5.83%
- EPS Growth
- 12.96%
- Country
- Singapore
- Employees
- 100
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Semiconductors
Advanced Systems Automation Limited Business Overview & Revenue Model
Company Description
Established in Singapore in 1978, Advanced Systems Automation Limited focuses on precision engineering and component fabrication for both semiconductor and non-semiconductor industries. Its operations span Asia, the United States, and other internati...
Advanced Systems Automation Limited Financial Statement Overview
Summary
Financials appear high-risk: 2025 revenue declined (~7.6% YoY) and gross margin compressed to ~17% (from ~31% in 2023/2022), while operating and net margins were around -94%, indicating deeply entrenched losses. The balance sheet shows substantial negative equity (~-13.2M) with rising debt (~5.3M) and declining assets versus 2024, reducing flexibility. Cash flow weakened back into burn in 2025 (operating cash flow ~-0.33M; free cash flow ~-1.52M), implying potential external funding needs if persistent.
Income Statement
18Very NegativeBalance Sheet
20Very NegativeCash Flow
28Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.93M | 16.29M | 17.62M | 12.93M | 15.04M | 18.99M |
| Gross Profit | 3.96M | 2.77M | 4.88M | 3.96M | 4.79M | 5.70M |
| EBITDA | -2.02M | -1.66M | -3.95M | -2.02M | 1.94M | 950.00K |
| Net Income | -4.25M | -15.39M | -6.09M | -4.25M | 23.00K | -244.00K |
Balance Sheet | ||||||
| Total Assets | 16.61M | 14.54M | 30.11M | 16.61M | 17.68M | 19.51M |
| Cash, Cash Equivalents and Short-Term Investments | 4.25M | 2.19M | 4.73M | 4.25M | 4.43M | 3.15M |
| Total Debt | 9.04M | 5.32M | 2.78M | 9.04M | 5.22M | 4.35M |
| Total Liabilities | 24.09M | 29.22M | 30.12M | 24.09M | 20.41M | 21.74M |
| Stockholders Equity | -7.48M | -13.22M | 771.00K | -7.48M | -2.73M | -2.23M |
Cash Flow | ||||||
| Free Cash Flow | -149.00K | -1.52M | -2.91M | -149.00K | 1.47M | -968.00K |
| Operating Cash Flow | 582.00K | -331.00K | -2.13M | 582.00K | 1.99M | 445.00K |
| Investing Cash Flow | -693.00K | -1.55M | -783.00K | -693.00K | -302.00K | -1.28M |
| Financing Cash Flow | -264.00K | -709.00K | 3.58M | -264.00K | -578.00K | 863.00K |
Advanced Systems Automation Limited Peers Comparison
Overall Rating
SG:55872Outperform
SG:AWX67Neutral
SG:E2855Neutral- SG:WJ944Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SG:558 | 72Outperform | SGD 1.89B | 30.78 | 12.58% | 2.39% | 9.88% | 33.33% |
| SG:AWX | 67Neutral | SGD 2.38B | 52.46 | 8.82% | 0.50% | 14.91% | 226.44% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| SG:E28 | 55Neutral | SGD 951.86M | 22.38 | 7.99% | 1.37% | 1.00% | -1.32% |
| SG:WJ9 | 44Neutral | SGD 3.43M | -0.21 | 247.16% | ― | -5.83% | 12.96% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SG:WJ9 | Advanced Systems Automation Limited | ― | ― | ― | |
| SG:558 | Ums Integration Limited | 2.01 | 0.80 | 66.12% | |
| SG:575 | ASTI Holdings Limited | 0.07 | 0.06 | 428.57% | |
| SG:AWX | AEM Holdings Ltd. | 7.45 | 5.57 | 295.86% | |
| SG:E28 | Frencken Group Limited | 2.01 | 0.35 | 20.87% | |
| SG:M11 | Manufacturing Integration Technology Ltd. | 0.02 | -0.01 | -35.14% |
Advanced Systems Automation Limited Corporate Events
Advanced Systems Automation Updates Zico Capital Legal Dispute, Stresses Going-Concern Status
Advanced Systems Automation Limited has provided a further update on its legal dispute with Zico Capital, following earlier announcements on a statutory demand for allegedly unpaid fees under engagement agreements. The company has filed an originatin...
Advanced Systems Automation Shareholders Approve AGM Resolutions and Board Changes
Advanced Systems Automation Limited reported the results of its annual general meeting held on 11 September 2026 in Singapore, where shareholders voted by poll on key ordinary and special business resolutions. The company’s audited financial st...
Advanced Systems Automation Withdraws Director Re-Election Resolution Ahead of AGM
Advanced Systems Automation Limited has withdrawn Resolution No. 3 from its upcoming annual general meeting, originally scheduled to address the re-election of director Lim Chen Chong. The resolution was deemed no longer applicable after Lim notified...
Advanced Systems Automation Sets Interim Governance Measures Amid Committee Shortfall
Advanced Systems Automation Limited has announced that the retirement of Non-Independent and Non-Executive Director Lim Chen Chong at its 11 September 2026 AGM will leave its Audit and Remuneration Committees temporarily below the minimum composition...
Advanced Systems Automation Corrects Governance Details in 2025 Annual Report
Advanced Systems Automation Limited has issued a corrigendum to its Annual Report 2025 after identifying typographical and clerical errors in the versions released on SGXNet in late August 2026. The corrections primarily affect the listing of its boa...
Advanced Systems Automation Presses On With Restructuring After Injunction Bid Fails
Advanced Systems Automation has provided an update on its legal dispute with Zico Capital, after the Singapore High Court dismissed the company’s application for an interim injunction to prevent potential winding-up proceedings over an alleged...
Advanced Systems Automation Flags Significant Control Gaps in FY2025 Review
Advanced Systems Automation Limited has completed an FY2025 internal controls review led by Acclime Risk Advisory, revealing 25 deficiencies across governance, procurement, treasury, IT general controls, interested person transactions and sustainabil...
Advanced Systems Automation Completes First Settlement Instalment to ASTI
Advanced Systems Automation has completed the first instalment payment to ASTI Holdings as part of previously agreed settlement arrangements over outstanding payables. The payment covers the company’s obligations to ASTI for the financial year...
Advanced Systems Automation Faces Audit Disclaimer on FY2025 Accounts
Advanced Systems Automation has disclosed that its independent auditor, CLA Global TS Public Accounting Corporation, issued a disclaimer of opinion on the Group’s FY2025 audited financial statements. The disclaimer stems from insufficient suppo...
Advanced Systems Automation’s Auditor to Retire as Company Seeks Replacement
Advanced Systems Automation Limited has announced that its current external auditor, CLA Global TS Public Accounting Corporation, will not seek re‑appointment at the annual general meeting for the financial year ended 31 December 2025 and will...
Advanced Systems Automation Further Extends Deadline for Major Debt-to-Equity Swap
Advanced Systems Automation Limited has entered into a third supplemental letter with Advance Opportunities Fund I to amend the terms of its proposed debt-to-equity swap involving the issuance of 555,555,555 new ordinary shares at S$0.0036 each. Unde...
Advanced Systems Automation Updates Investors on Legal Dispute With Zico Capital
Advanced Systems Automation Limited, incorporated in Singapore in 1986 and listed on the local exchange, operates through a group of subsidiaries and is subject to sponsor oversight under Singapore’s regulatory framework.The company has updated...
Advanced Systems Automation Sues Adviser Zico Capital Over Disputed Fees
Advanced Systems Automation Limited has initiated legal proceedings in the Singapore High Court against its former financial adviser and continuing sponsor, Zico Capital Pte. Ltd., following a statutory demand for professional fees linked to the LSO...
Advanced Systems Automation Disputes Statutory Demand Threatening Winding-Up Action
Advanced Systems Automation has disclosed that it received a statutory demand from Zico Capital’s lawyers on 1 July 2026, seeking S$643,534.82 for alleged unpaid invoices tied to continuing sponsorship work, advisory services on the LSO Organiz...
Advanced Systems Automation flags delay to FY2025 AGM amid ongoing audit queries
Advanced Systems Automation Limited has warned that it is unlikely to meet its previously announced 15 July 2026 deadline to hold its annual general meeting for the financial year ended 31 December 2025. The delay stems from ongoing efforts by manage...
Advanced Systems Automation Revises Timeline for First ASTI Settlement Payment
Advanced Systems Automation has updated the market on its settlement arrangements with ASTI Holdings, confirming a revised schedule for the S$1.0 million first instalment of a S$6.0 million settlement. The company will now pay S$300,000 by 1 July 202...
Advanced Systems Automation Extends Deadline for Major Debt-to-Equity Swap
Advanced Systems Automation Limited has entered into a second supplemental agreement with Advance Opportunities Fund I to amend the terms of a previously announced debt-to-equity swap involving the issuance of 555,555,555 new ordinary shares at S$0.0...
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: Sep 24, 2026