Soon Hock just released its steller 1H2026 earnings results on 7 Aug after market close. Here are the key financial metrics based on the closing price of 58 cents:
1. EPS (in Singapore cents):
1H2025: -0.58
2H2025: 12.67
1H2026: 6.22
2. Profitability & Margin Metrics (1H2026)
Gross Profit Margin: 31.30%
Net Profit Margin: 13.55%
TTM P/E: 3.07x (super low)
3. Liquidity Metrics (as of 30 June 2026)
Current Ratio: 3.14 (very healthy)
4. Management & Valuation Ratios
ROE (TTM): 36.25% (very efficient in turning capital into profit)
Price-to-Book (P/B): 1.08x
5. Dividend estimation Scenario
Capital Preservation Clause: In the interim report, the board decided not to issue an explicit mid-year interim dividend to deliberately conserve cash for ongoing building infrastructure outlays which I think is a very prudent move.
Dividend Estimation: Assuming 2H2026 matches the 1H2026 profit of S$19.32 million, the 2026 year-end dividend per share is estimated to be at least S$0.0311 (A dividend yield of 5.362% based on the closing price of S$0.58) based on the company's stated minimum dividend payout policy of 25% of Net Profit After Tax (NPAT) and the 310,702,000 ordinary shares in issue as of June 30, 2026.
Historical Benchmark: This projected range aligns closely with the FY2025 actual payout of S$0.0305 per share. The estimated forward dividend yield of FY2026 represents a healthy step up from the historical 4.80% dividend yield paid out for the full year of 2025 (which was calculated against a higher closing share price of S$0.635).
Prescientsuper
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