Income Statement PropNex Limited

Equities

OYY

SGXE65086469

Real Estate Services

Market Closed - Singapore S.E. Other stock markets 10:10:09 05/06/2026 BST			5-day change	1st Jan Change
1.790 ^SGD	0.00%		0.00%	-4.79%

05-15	Propnex Limited Approves Final One-Tier Tax Exempt Dividend for Financial Year Ended December 31, 2025, Payable on May 8, 2026	CI
04-02	PropNex Proposes Renewal of Buyback Mandate	MT

6a8b175af272f3a88cf41702eb3e08.Xe9tSXD20MQGQsuk_CDHsqOU181YkcthSS8HcWrE9Jc.E5kEJEiXuLFBCafzhGOl987d4Pox8484eFdTHxqSsNYkmAQ-KY6bkFUAjg

Published financial data: PROPNEX LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	957M	1.03B	838M	783M	1.12B
Total Revenues	957M	1.03B	838M	783M	1.12B
Cost of Goods Sold, Total	856M	925M	757M	712M	1B
Gross Profit	102M	105M	80.98M	70.98M	115M
Selling General & Admin Expenses, Total	17.96M	20.84M	20.18M	21.77M	24.07M
Provision for Bad Debts	202K	8.64M	-6.53M	-159K	1.51M
Depreciation & Amortization - (IS)	3.25M	3.31M	3.19M	2.65M	2.56M
Amortization of Goodwill and Intangible Assets - (IS)	297K	297K	298K	297K	-
Other Operating Expenses	9.26M	10.08M	10.83M	11.91M	12.96M
Other Operating Expenses, Total	30.96M	43.17M	27.97M	36.47M	41.1M
Operating Income	70.83M	61.51M	53.01M	34.5M	73.93M
Interest Expense, Total	-42.44K	-31.72K	-36K	-26K	-83K
Interest And Investment Income	366K	1.18M	4.49M	5.63M	4.2M
Net Interest Expenses	323K	1.15M	4.45M	5.61M	4.12M
Income (Loss) On Equity Invest.	-47.3K	-	-	-	-
Currency Exchange Gains (Loss)	-11.8K	-20.64K	-26K	-25K	-24K
Other Non Operating Income (Expenses)	6.97M	16.11M	7.88M	9.72M	11.3M
EBT, Excl. Unusual Items	78.06M	78.75M	65.32M	49.81M	89.33M
Gain (Loss) On Sale Of Investments	-29.41K	334K	62K	-	365K
Gain (Loss) On Sale Of Assets	114	2.51K	-4K	-5K	-
Asset Writedown	-17	-100	-	-	-
Other Unusual Items	-	-	-5.89M	-	-
EBT, Incl. Unusual Items	78.03M	79.08M	59.48M	49.8M	89.69M
Income Tax Expense	13.54M	13.71M	9.87M	8.16M	14.95M
Earnings From Continuing Operations	64.49M	65.37M	49.61M	41.65M	74.74M
Earnings Of Discontinued Operations	656K	-	-	-	-
Net Income to Company	65.14M	65.37M	49.61M	41.65M	74.74M
Minority Interest	-5.12M	-3.01M	-1.8M	-724K	-4.36M
Net Income - (IS)	60.03M	62.36M	47.81M	40.92M	70.38M
Net Income to Common Incl Extra Items	60.03M	62.36M	47.81M	40.92M	70.38M
Net Income to Common Excl. Extra Items	59.37M	62.36M	47.81M	40.92M	70.38M
Per Share Items
Net EPS - Basic	0.08	0.08	0.06	0.06	0.1
Basic EPS - Continuing Operations	0.08	0.08	0.06	0.06	0.1
Basic Weighted Average Shares Outstanding	740M	740M	740M	740M	740M
Net EPS - Diluted	0.08	0.08	0.06	0.06	0.1
Diluted EPS - Continuing Operations	0.08	0.08	0.06	0.06	0.1
Diluted Weighted Average Shares Outstanding	740M	740M	740M	740M	740M
Normalized Basic EPS	0.06	0.06	0.05	0.04	0.07
Normalized Diluted EPS	0.06	0.06	0.05	0.04	0.07
Dividend Per Share	0.06	0.07	0.06	0.05	0.1
Payout Ratio	58.56	74.17	100.61	103.98	110.4
Supplemental Items
EBITDA	72.16M	62.82M	54.2M	35.3M	74.39M
EBITA	71.12M	61.81M	53.31M	34.8M	73.93M
EBIT	70.83M	61.51M	53.01M	34.5M	73.93M
EBITDAR	72.18M	62.84M	54.22M	35.32M	74.4M
Effective Tax Rate - (Ratio)	17.36	17.34	16.6	16.37	16.67
Total Current Taxes	13.54M	13.71M	9.9M	8.32M	14.77M
Total Deferred Taxes	-	0	-27K	-164K	187K
Normalized Net Income	43.67M	46.21M	39.02M	30.41M	51.47M
Interest on Long-Term Debt	42.44K	31.72K	36K	26K	83K
Supplemental Operating Expense Items
Marketing Expenses	1.14M	2.47M	2.45M	2.18M	1.92M
Selling and Marketing Expenses	1.14M	2.47M	2.45M	2.18M	1.92M
Research And Development Expense From Footnotes	267K	267K	268K	267K	267K
Net Rental Expense, Total	18.73K	19.02K	18K	18K	16K
Imputed Operating Lease Interest Expense	2.08K	1.22K	1.3K	1.29K	2.8K
Imputed Operating Lease Depreciation	16.65K	17.8K	16.7K	16.71K	13.2K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	146M	139M	133M	112M	149M
Short Term Investments	404K	412K	430K	396K	8.94M
Trading Asset Securities, Total	-	5.69M	5.44M	31.25M	6.35M
Total Cash And Short Term Investments	146M	145M	139M	143M	164M
Accounts Receivable, Total	141M	221M	181M	126M	160M
Other Receivables	680K	452K	2.09M	1.4M	1.04M
Total Receivables	142M	221M	183M	127M	161M
Prepaid Expenses	602K	1.6M	1.16M	2.09M	1.98M
Total Current Assets	288M	368M	323M	272M	327M
Gross Property Plant And Equipment	9.58M	11.99M	10.39M	10.36M	12.59M
Accumulated Depreciation	-4.66M	-5.6M	-6.22M	-6.54M	-6.92M
Net Property Plant And Equipment	4.92M	6.39M	4.17M	3.82M	5.67M
Long-term Investments	362K	362K	15.07M	9.36M	362K
Other Intangibles, Total	900K	603K	305K	8K	8K
Deferred Tax Assets Long-Term	24	24	29K	29K	-
Total Assets	295M	375M	343M	286M	333M
Liabilities
Accounts Payable, Total	133M	195M	168M	115M	152M
Accrued Expenses, Total	29.46M	30.42M	28.44M	27.71M	35.83M
Current Portion of Leases	1.6M	2.26M	2.04M	1.53M	2.04M
Current Income Taxes Payable	13.49M	13.81M	10.14M	8.67M	15.06M
Unearned Revenue Current, Total	1.12M	1.54M	2.88M	2.87M	3.04M
Other Current Liabilities	2.19M	3.23M	3.96M	4.02M	4.18M
Total Current Liabilities	181M	246M	216M	160M	212M
Long-Term Leases	1.31M	2.76M	924K	1.3M	2.71M
Deferred Tax Liability Non Current	177K	177K	179K	15K	173K
Total Liabilities	182M	249M	217M	161M	215M
Common Stock, Total	57.49M	57.49M	57.49M	57.49M	57.49M
Retained Earnings	69M	85.11M	84.71M	82.98M	75.66M
Comprehensive Income and Other	-17.06M	-17.05M	-17.05M	-17.06M	-17.06M
Total Common Equity	109M	126M	125M	123M	116M
Minority Interest	3.14M	944K	1.08M	1.34M	2.6M
Total Equity	113M	126M	126M	125M	119M
Total Liabilities And Equity	295M	375M	343M	286M	333M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	740M	740M	740M	740M	740M
ECS Total Common Shares Outstanding	740M	740M	740M	740M	740M
Book Value / Share	0.15	0.17	0.17	0.17	0.16
Tangible Book Value	109M	125M	125M	123M	116M
Tangible Book Value Per Share	0.15	0.17	0.17	0.17	0.16
Total Debt	2.91M	5.01M	2.97M	2.83M	4.75M
Net Debt	-143M	-140M	-136M	-141M	-160M
Debt Equivalent Oper. Leases	150K	152K	144K	144K	128K
Minority Interest, Total (Incl. Fin. Div)	3.14M	944K	1.08M	1.34M	2.6M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	3.35M	3.47M	3.85M	3.87M	4.04M
Full Time Employees	-	-	161	165	173
Accumulated Allowance for Doubtful Accounts (Supple)	1.62M	9.82M	2.22M	570K	270K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	60.03M	62.36M	47.81M	40.92M	70.38M
Depreciation & Amortization - CF	3.25M	3.31M	3.19M	2.65M	2.56M
Amortization of Goodwill and Intangible Assets - (CF)	297K	297K	298K	297K	-
Depreciation & Amortization, Total	3.54M	3.61M	3.49M	2.95M	2.56M
(Gain) Loss From Sale Of Asset	-114	-2.51K	4K	5K	-
(Gain) Loss on Sale of Investments - (CF)	29.41K	-334K	-62K	-215K	-365K
Asset Writedown & Restructuring Costs	17	100	-	-	-
(Income) Loss On Equity Investments - (CF)	47.3K	-	-	-	-
Provision and Write-off of Bad Debts	1.07M	8.64M	-6.53M	-159K	1.51M
Net Cash From Discontinued Operations	-632K	-	-	-	-
Other Operating Activities, Total	11.28M	-5.63M	-445K	-5.7M	7.06M
Change In Accounts Receivable	-63.42M	-89.49M	47.48M	54.64M	-35.67M
Change In Accounts Payable	70.48M	71.83M	-33.54M	-54.93M	44.91M
Change in Unearned Revenues	657K	422K	98K	525K	828K
Cash from Operations	83.08M	51.41M	58.29M	38.04M	91.21M
Capital Expenditure	-537K	-369K	-722K	-294K	-413K
Sale of Property, Plant, and Equipment	114	3.82K	-	-	-
Cash Acquisitions	-979K	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-5.18M	-	-25.5M	16.72M
Other Investing Activities, Total	951K	1.18M	-10.83M	11.53M	12.69M
Cash from Investing	-565K	-4.37M	-11.55M	-14.26M	28.99M
Long-Term Debt Repaid, Total	-2.23M	-2.31M	-2.3M	-2.15M	-2.08M
Total Debt Repaid	-2.23M	-2.31M	-2.3M	-2.15M	-2.08M
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-35.15M	-46.25M	-48.1M	-42.55M	-77.7M
Common & Preferred Stock Dividends Paid	-35.15M	-46.25M	-48.1M	-42.55M	-77.7M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-5.29M	-5.24M	-1.82M	-589K	-3.18M
Cash from Financing	-42.67M	-53.8M	-52.21M	-45.29M	-82.96M
Net Change in Cash	39.84M	-6.76M	-5.47M	-21.52M	37.24M
Supplemental Items
Cash Interest Paid	42.52K	31.72K	36K	26K	83K
Cash Income Tax Paid (Refund)	7.06M	13.39M	13.56M	9.79M	8.38M
Levered Free Cash Flow	62.24M	25.76M	44.71M	23.82M	65.99M
Unlevered Free Cash Flow	62.27M	25.78M	44.73M	23.84M	66.05M
Change In Net Working Capital	-14.99M	15.9M	-8.83M	382K	-17.69M
Net Debt Issued / Repaid	-2.23M	-2.31M	-2.3M	-2.15M	-2.08M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	18.17	11.48	9.22	6.86	14.93
Return on Total Capital	42.92	31.13	25.42	16.8	36.81
Return On Equity %	64.44	54.69	39.26	33.19	61.4
Return on Common Equity	61.21	53.08	38.14	32.93	58.77
Margin Analysis
Gross Profit Margin %	10.63	10.17	9.66	9.07	10.3
SG&A Margin	1.88	2.03	2.41	2.78	2.16
EBITDA Margin %	7.54	6.1	6.47	4.51	6.66
EBITA Margin %	7.43	6.01	6.36	4.44	6.62
EBIT Margin %	7.4	5.98	6.33	4.41	6.62
Income From Continuing Operations Margin %	6.74	6.35	5.92	5.32	6.69
Net Income Margin %	6.27	6.06	5.7	5.23	6.3
Net Avail. For Common Margin %	6.2	6.06	5.7	5.23	6.3
Normalized Net Income Margin	4.56	4.49	4.66	3.88	4.61
Levered Free Cash Flow Margin	6.5	2.5	5.33	3.04	5.91
Unlevered Free Cash Flow Margin	6.5	2.5	5.34	3.04	5.92
Asset Turnover
Asset Turnover	3.93	3.07	2.33	2.49	3.61
Fixed Assets Turnover	179.49	181.98	158.78	196.01	235.16
Receivables Turnover (Average Receivables)	8.73	5.69	4.17	5.11	7.81
Short Term Liquidity
Current Ratio	1.6	1.5	1.5	1.71	1.55
Quick Ratio	1.59	1.49	1.49	1.69	1.54
Operating Cash Flow to Current Liabilities	0.46	0.21	0.27	0.24	0.43
Days Sales Outstanding (Average Receivables)	41.8	64.17	87.51	71.63	46.71
Average Days Payable Outstanding	43.7	64.61	87.48	72.77	48.58
Long Term Solvency
Total Debt/Equity	2.58	3.96	2.35	2.27	4
Total Debt / Total Capital	2.52	3.81	2.3	2.22	3.85
LT Debt/Equity	1.16	2.18	0.73	1.04	2.29
Long-Term Debt / Total Capital	1.13	2.1	0.72	1.02	2.2
Total Liabilities / Total Assets	61.78	66.3	63.21	56.33	64.4
EBIT / Interest Expense	1.67K	1.94K	1.47K	1.33K	890.7
EBITDA / Interest Expense	1.75K	2.05K	1.57K	1.44K	921.55
(EBITDA - Capex) / Interest Expense	1.74K	2.04K	1.55K	1.43K	916.58
Total Debt / EBITDA	0.04	0.08	0.05	0.08	0.06
Net Debt / EBITDA	-1.92	-2.15	-2.41	-3.76	-2.09
Total Debt / (EBITDA - Capex)	0.04	0.08	0.05	0.08	0.06
Net Debt / (EBITDA - Capex)	-1.94	-2.16	-2.44	-3.79	-2.1
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	86.48	7.49	-18.57	-6.58	42.59
Gross Profit, 1 Yr. Growth %	83.13	2.84	-22.64	-12.36	62.06
EBITDA, 1 Yr. Growth %	132.07	-12.94	-13.72	-26.98	110.71
EBITA, 1 Yr. Growth %	137.44	-13.1	-13.74	-26.67	112.43
EBIT, 1 Yr. Growth %	136.68	-13.15	-13.81	-26.84	114.26
Earnings From Cont. Operations, 1 Yr. Growth %	110.04	1.37	-24.11	-16.05	79.45
Net Income, 1 Yr. Growth %	106.36	3.88	-23.34	-14.4	71.98
Normalized Net Income, 1 Yr. Growth %	105.83	5.8	-15.55	-14.05	70.03
Diluted EPS Before Extra, 1 Yr. Growth %	107.83	5.06	-23.34	-14.4	71.97
Accounts Receivable, 1 Yr. Growth %	80.3	56.79	-18.1	-30.64	27.27
Net Property, Plant and Equip., 1 Yr. Growth %	-14.43	29.91	-34.81	-8.23	48.37
Total Assets, 1 Yr. Growth %	52.86	27.42	-8.6	-16.72	16.71
Tangible Book Value, 1 Yr. Growth %	28.55	15.12	-0.08	-1.15	-5.93
Common Equity, 1 Yr. Growth %	29.42	14.72	-0.32	-1.39	-5.93
Cash From Operations, 1 Yr. Growth %	98.03	-38.12	13.38	-34.75	139.8
Capital Expenditures, 1 Yr. Growth %	9.94	-31.35	96.2	-59.28	40.48
Levered Free Cash Flow, 1 Yr. Growth %	111.01	-58.61	73.55	-41.97	177.03
Unlevered Free Cash Flow, 1 Yr. Growth %	110.71	-58.6	73.5	-41.96	177.06
Dividend Per Share, 1 Yr. Growth %	127.27	8	-11.11	-12.5	80.95
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	51.02	41.58	-6.44	-12.78	15.42
Gross Profit, 2 Yr. CAGR %	51.57	37.24	-10.8	-17.66	19.18
EBITDA, 2 Yr. CAGR %	90.45	42.14	-13.33	-25.04	24.04
EBITA, 2 Yr. CAGR %	94.65	43.64	-13.42	-24.96	24.81
EBIT, 2 Yr. CAGR %	94.4	43.37	-13.48	-25.1	25.2
Earnings From Cont. Operations, 2 Yr. CAGR %	74.74	45.92	-12.29	-20.18	22.74
Net Income, 2 Yr. CAGR %	73.08	46.42	-10.76	-18.99	21.33
Normalized Net Income, 2 Yr. CAGR %	71.1	47.57	-5.48	-18.88	20.62
Diluted EPS Before Extra, 2 Yr. CAGR %	72.11	47.76	-10.26	-18.99	21.33
Accounts Receivable, 2 Yr. CAGR %	51.17	68.06	13.32	-24.63	-5.97
Net Property, Plant and Equip., 2 Yr. CAGR %	-25.31	5.44	-7.98	-22.66	16.68
Total Assets, 2 Yr. CAGR %	38.1	39.56	7.92	-12.76	-1.41
Tangible Book Value, 2 Yr. CAGR %	25.25	21.65	7.25	-0.62	-3.57
Common Equity, 2 Yr. CAGR %	25.63	21.85	6.94	-0.85	-3.69
Cash From Operations, 2 Yr. CAGR %	68.31	10.7	-16.23	-13.99	25.09
Capital Expenditures, 2 Yr. CAGR %	-46.56	-13.12	15.94	-10.62	-24.37
Levered Free Cash Flow, 2 Yr. CAGR %	81.19	-6.55	-15.25	-3.84	26.79
Unlevered Free Cash Flow, 2 Yr. CAGR %	81	-6.6	-15.25	-3.84	26.81
Dividend Per Share, 2 Yr. CAGR %	112.81	56.67	-2.02	-11.81	25.83
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	30.43	34.84	17.74	-6.49	2.75
Gross Profit, 3 Yr. CAGR %	34.15	33.19	13.37	-11.32	3.19
EBITDA, 3 Yr. CAGR %	48.21	46.71	20.35	-21.2	5.79
EBITA, 3 Yr. CAGR %	49.19	48.77	21.19	-21.2	6.15
EBIT, 3 Yr. CAGR %	49.06	48.61	21	-21.32	6.32
Earnings From Cont. Operations, 3 Yr. CAGR %	43.25	45.74	17.34	-13.56	4.56
Net Income, 3 Yr. CAGR %	45.69	46	18.01	-11.99	4.11
Normalized Net Income, 3 Yr. CAGR %	43.83	45.76	22.52	-11.37	3.66
Diluted EPS Before Extra, 3 Yr. CAGR %	41.03	46	18.73	-11.66	4.11
Accounts Receivable, 3 Yr. CAGR %	32.1	52.97	32.25	-3.79	-10.2
Net Property, Plant and Equip., 3 Yr. CAGR %	20.76	-10.18	-10.18	-8.06	-3.9
Total Assets, 3 Yr. CAGR %	27.5	34.45	21.2	-1.01	-3.87
Tangible Book Value, 3 Yr. CAGR %	17.63	21.78	13.93	4.37	-2.42
Common Equity, 3 Yr. CAGR %	17.84	21.88	13.96	4.09	-2.58
Cash From Operations, 3 Yr. CAGR %	52.95	20.58	11.59	-22.93	21.06
Capital Expenditures, 3 Yr. CAGR %	-33.74	-41.91	13.91	-18.2	3.92
Levered Free Cash Flow, 3 Yr. CAGR %	72.17	10.76	14.87	-27.4	36.83
Unlevered Free Cash Flow, 3 Yr. CAGR %	72.19	10.69	14.82	-27.39	36.83
Dividend Per Share, 3 Yr. CAGR %	102.74	69.75	29.7	-5.65	12.07
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	31.34	25.4	14.2	13.27	16.81
Gross Profit, 5 Yr. CAGR %	37.31	25.4	13.95	9.88	15.66
EBITDA, 5 Yr. CAGR %	50.14	19.79	19.58	12.15	19.06
EBITA, 5 Yr. CAGR %	51.03	19.75	20.01	13.14	19.8
EBIT, 5 Yr. CAGR %	50.9	19.64	19.91	12.98	19.83
Earnings From Cont. Operations, 5 Yr. CAGR %	48.74	28.19	17.73	14.55	19.47
Net Income, 5 Yr. CAGR %	51.12	30.82	19.75	15.35	19.33
Normalized Net Income, 5 Yr. CAGR %	48.45	32.68	21.6	15.3	19.39
Diluted EPS Before Extra, 5 Yr. CAGR %	45.27	26.04	17.7	15.35	19.76
Accounts Receivable, 5 Yr. CAGR %	36.12	29.12	24.21	15.25	15.38
Net Property, Plant and Equip., 5 Yr. CAGR %	48.42	29.61	8.32	-15.4	-0.27
Total Assets, 5 Yr. CAGR %	42.1	32.37	19.27	13.09	11.59
Tangible Book Value, 5 Yr. CAGR %	56.63	47.18	13.36	12.27	6.58
Common Equity, 5 Yr. CAGR %	56.87	47.31	13.35	12.22	6.54
Cash From Operations, 5 Yr. CAGR %	52.57	16.77	20.21	5.34	16.8
Capital Expenditures, 5 Yr. CAGR %	13.01	-24.19	-17.12	-31.01	-3.3
Levered Free Cash Flow, 5 Yr. CAGR %	56.52	6.18	29.67	4.67	17.48
Unlevered Free Cash Flow, 5 Yr. CAGR %	56.54	6.2	29.68	4.63	17.45
Dividend Per Share, 5 Yr. CAGR %	-	-	51.57	30.63	28.14