Financials Forise International Limited

Equities

8A1

SGXE87077033

Business Support Services

End-of-day quote Singapore S.E. 23:00:00 06/05/2024 BST 5-day change 1st Jan Change
0.078 SGD -17.89% Intraday chart for Forise International Limited -17.89% -26.42%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6.39 6.39 5.325 3.238 7.242 4.516
Enterprise Value (EV) 2 -15.8 0.956 0.916 0.9716 5.818 3.425
P/E ratio 4.55 x -0.23 x -1.55 x -180 x -4.46 x -20.8 x
Yield - - - - - -
Capitalization / Revenue 0.65 x 1.8 x 0.49 x 1.92 x 22.9 x 8.12 x
EV / Revenue -1.61 x 0.27 x 0.08 x 0.58 x 18.4 x 6.16 x
EV / EBITDA -15.2 x -0.2 x -1.64 x 8.3 x - 32.6 x
EV / FCF 1.16 x 0.19 x 7.64 x 0.72 x 123 x -10.1 x
FCF Yield 86% 540% 13.1% 138% 0.81% -9.9%
Price to Book 0.14 x 0.35 x 0.36 x 1.1 x 5.2 x 3.74 x
Nbr of stocks (in thousands) 42,600 42,600 42,600 42,600 42,600 42,600
Reference price 3 0.1500 0.1500 0.1250 0.0760 0.1700 0.1060
Announcement Date 12/04/19 15/04/20 12/04/21 12/04/22 12/04/23 11/04/24
1SGD in Million2CNY in Million3SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 9.822 3.553 10.81 1.686 0.316 0.556
EBITDA 1 1.041 -4.733 -0.558 0.117 - 0.105
EBIT 1 1.018 -4.746 -0.563 0.116 -2.225 0.104
Operating Margin 10.36% -133.58% -5.21% 6.88% -704.11% 18.71%
Earnings before Tax (EBT) 1 3.416 -27.28 -1.401 0.194 -2.381 0.08
Net income 1 1.405 -27.6 -3.429 -0.018 -1.625 -0.217
Net margin 14.3% -776.67% -31.73% -1.07% -514.24% -39.03%
EPS 2 0.0330 -0.6478 -0.0805 -0.000422 -0.0381 -0.005094
Free Cash Flow 1 -13.6 5.165 0.1199 1.344 0.0474 -0.339
FCF margin -138.42% 145.38% 1.11% 79.69% 14.99% -60.97%
FCF Conversion (EBITDA) - - - 1,148.29% - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 12/04/19 15/04/20 12/04/21 12/04/22 12/04/23 11/04/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 22.2 5.43 4.41 2.27 1.42 1.09
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -13.6 5.17 0.12 1.34 0.05 -0.34
ROE (net income / shareholders' equity) 3.66% -84.9% -10.4% 3.64% -104% 1.87%
ROA (Net income/ Total Assets) 1.3% -8.57% -1.79% 1.91% -51.2% 4.28%
Assets 1 107.9 321.9 191.4 -0.9422 3.173 -5.073
Book Value Per Share 2 1.080 0.4300 0.3500 0.0700 0.0300 0.0300
Cash Flow per Share 2 0.5200 0.1500 0.1000 0.0500 0.0300 0.0200
Capex - - - - 0 0
Capex / Sales - - - - 0.63% 0.36%
Announcement Date 12/04/19 15/04/20 12/04/21 12/04/22 12/04/23 11/04/24
1CNY in Million2CNY
Estimates
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