Today this counter manage to stage a bull run and close well with a wide extension bar .
The volume is slight higher, but is not so impressive.
It is now trading almost on par with its NAV and may be viewed as a good time to lock in profit.
Trading at rolling PE of 21.42 times, seems to be fully value.
EPS of 0.557 , dividend of 19.9 cents, yield of 1,638% is rather not attractive.
I would rather look for OCBC bank which may provide a better yield of around 3%.
Looking through the financial nos , its Total Revenue seems to be performing well and is generally increasing for past 5 years.
Total Revenue - is the sum of cash inflows, increase in operating accounts such as receivables and occasionally, unrealized gains generated in the course of Company's Business activities.
Net income has been steadily increasing from 107.9m from 2013 to 125.50m in 2017.
Diluted EPS has been improved slightly from 29.9 cents to 39.8 cents.
Total Current Assets of 970.23m is more than a few times of the total liabilities of 186.66m.
I would say the company is on a Net Net Position.
Ops cash flow is generally quite healthy with a gradually increase from 94.61m from 2013 to 106.83m in 2017.
The debt-to-equity ratio (D/E) is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. Closely related to leveraging, the ratio is also known as risk, gearing or leverage.
Borrowing money for business all along to me is a double edge sword. If use well you grow fast and prosper. Some industries are highly capital intensive so borrowing lots of money is the only way to be in business or for expansion.
Debt to equity ratio = 0.973 (2013) vs 1.394 (2017)
Quick ratio = 9.31 (2013) vs 8.92 (2017) . It measures the company's ability to cover current debts with liquid current assets. It is calculated by dividing the sum of the cash, short term investments, and account receivable by total current liabilities.
The company is having a very impressive Net income margin of above 56%.
Fundamentally, seems a well run company with constantly increasing of its total revenue and net profit.
Not a call to buy or sell,
dyodd.
Haw Par Corporation Limited, together with its subsidiaries, manufactures, markets, and trades in pharmaceutical and healthcare products. The company’s Healthcare division principally manufactures and distributes topical analgesic products. This division offers ointments, soft, plasters, muscle rubs, liniments, oils, mosquito repellent sprays, mosquito repellent patches, mosquito repellent aerosols, arthritis rubs, joint rubs, neck and shoulder rubs, neck and shoulder rub boosts, back pain patches, ultra thin patches, lotions, and cooling patches under the Tiger Balm name; muscle gels, muscle rubs, and muscle sprays under the Tiger Balm ACTIVE name; and medicated oils and refreshers under the Kwan Loong name. Its Leisure division provides family and tourist oriented leisure alternatives through its owned and operated oceanarium, including Underwater World Pattaya located in Thailand. The company’s Property division owns and leases out various investment properties in the Asia region. This division’s investment property portfolio comprises 45,399 square meters of commercial and industrial space in Singapore and Malaysia. The company’s Investment division invests primarily in quoted and unquoted securities in Asia region. Haw Par Corporation Limited also provides management support services; and leisure-related goods and services, as well as invests in properties and securities. The company distributes its products in the Americas, Africa, the Middle East, Asia, Australasia, and Europe. Haw Par Corporation Limited was formerly known as Haw Par Brothers International Limited and changed its name to Haw Par Corporation Limited in 1997. The company was incorporated in 1969 and is based in Singapore.
Debt to equity ratio = 0.973 (2013) vs 1.394 (2017)
Current ratio = 9.454 (2013) vs 8.441 (2017) . It measures the company's ability to cover current debts with current assets.It it calculated by dividing total current assets by total current liabilities.
Quick ratio = 9.31 (2013) vs 8.92 (2017) . It measures the company's ability to cover current debts with liquid current assets. It is calculated by dividing the sum of the cash, short term investments, and account receivable by total current liabilities.
The company is having a very impressive Net income margin of above 56%.
Fundamentally, seems a well run company with constantly increasing of its total revenue and net profit.
Not a call to buy or sell,
dyodd.
Haw Par Corporation Limited, together with its subsidiaries, manufactures, markets, and trades in pharmaceutical and healthcare products. The company’s Healthcare division principally manufactures and distributes topical analgesic products. This division offers ointments, soft, plasters, muscle rubs, liniments, oils, mosquito repellent sprays, mosquito repellent patches, mosquito repellent aerosols, arthritis rubs, joint rubs, neck and shoulder rubs, neck and shoulder rub boosts, back pain patches, ultra thin patches, lotions, and cooling patches under the Tiger Balm name; muscle gels, muscle rubs, and muscle sprays under the Tiger Balm ACTIVE name; and medicated oils and refreshers under the Kwan Loong name. Its Leisure division provides family and tourist oriented leisure alternatives through its owned and operated oceanarium, including Underwater World Pattaya located in Thailand. The company’s Property division owns and leases out various investment properties in the Asia region. This division’s investment property portfolio comprises 45,399 square meters of commercial and industrial space in Singapore and Malaysia. The company’s Investment division invests primarily in quoted and unquoted securities in Asia region. Haw Par Corporation Limited also provides management support services; and leisure-related goods and services, as well as invests in properties and securities. The company distributes its products in the Americas, Africa, the Middle East, Asia, Australasia, and Europe. Haw Par Corporation Limited was formerly known as Haw Par Brothers International Limited and changed its name to Haw Par Corporation Limited in 1997. The company was incorporated in 1969 and is based in Singapore.
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