Singapore Technologies Engineering Ltd
Singapore Technologies Engineering Ltd operates as a technology, defence, and engineering company worldwide. The company provides cabin interiors and engineering solutions; turnkey solutions for composite panels; passenger-to-freighter conversion services; nacelles and aerostructures solutions; precision manufacturing services; unmanned aircraft system solutions; maintenance, repair, and overhaul… Read more
Singapore Technologies Engineering Ltd (SGGKF) - Net Assets
Latest net assets as of June 2025: $3.04 Billion USD
Based on the latest financial reports, Singapore Technologies Engineering Ltd (SGGKF) has net assets worth $3.04 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.91 Billion) and total liabilities ($12.87 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.04 Billion |
| % of Total Assets | 19.11% |
| Annual Growth Rate | 3.31% |
| 5-Year Change | 14.61% |
| 10-Year Change | 30.51% |
| Growth Volatility | 56.94 |
Singapore Technologies Engineering Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Singapore Technologies Engineering Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Singapore Technologies Engineering Ltd (2001–2024)
The table below shows the annual net assets of Singapore Technologies Engineering Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.95 Billion | +7.21% |
| 2023-12-31 | $2.75 Billion | +3.75% |
| 2022-12-31 | $2.65 Billion | -0.58% |
| 2021-12-31 | $2.67 Billion | +3.63% |
| 2020-12-31 | $2.57 Billion | +3.36% |
| 2019-12-31 | $2.49 Billion | -1.72% |
| 2018-12-31 | $2.53 Billion | +0.52% |
| 2017-12-31 | $2.52 Billion | +3.16% |
| 2016-12-31 | $2.44 Billion | +8.11% |
| 2015-12-31 | $2.26 Billion | -0.16% |
| 2014-12-31 | $2.26 Billion | +0.21% |
| 2013-12-31 | $2.26 Billion | +12.29% |
| 2012-12-31 | $2.01 Billion | +7.27% |
| 2011-12-31 | $1.88 Billion | +8.64% |
| 2010-12-31 | $1.73 Billion | +3.02% |
| 2009-12-31 | $1.68 Billion | +267.56% |
| 2008-12-31 | $456.04 Million | -74.37% |
| 2007-12-31 | $1.78 Billion | +4.15% |
| 2006-12-31 | $1.71 Billion | +10.80% |
| 2005-12-31 | $1.54 Billion | +10.42% |
| 2004-12-31 | $1.40 Billion | +2.36% |
| 2003-12-31 | $1.36 Billion | -8.32% |
| 2002-12-31 | $1.49 Billion | +6.56% |
| 2001-12-31 | $1.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Singapore Technologies Engineering Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 177937100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.78 Billion | 66.63% |
| Common Stock | $895.93 Million | 33.55% |
| Total Equity | $2.67 Billion | 100.00% |
Singapore Technologies Engineering Ltd Competitors by Market Cap
The table below lists competitors of Singapore Technologies Engineering Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zions Bancorporation
NASDAQ:ZION
|
$7.75 Billion |
|
AB SKF
PINK:SKFRY
|
$7.76 Billion |
|
Valmont Industries Inc
NYSE:VMI
|
$7.77 Billion |
|
Blueprint Medicines Corp
NASDAQ:BPMC
|
$7.77 Billion |
|
Smartsheet Inc
NYSE:SMAR
|
$7.74 Billion |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
$7.73 Billion |
|
JSC Halyk bank
F:H4L1
|
$7.73 Billion |
|
Shenzhen Envicool Technology Co Ltd
SHE:002837
|
$7.73 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Singapore Technologies Engineering Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,459,340,000 to 2,670,373,000, a change of 211,033,000 (8.6%).
- Net income of 702,256,000 contributed positively to equity growth.
- Dividend payments of 498,883,000 reduced retained earnings.
- Share repurchases of 33,325,000 reduced equity.
- Other comprehensive income increased equity by 88,284,999.
- Other factors decreased equity by 47,299,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $702.26 Million | +26.3% |
| Dividends Paid | $498.88 Million | -18.68% |
| Share Repurchases | $33.33 Million | -1.25% |
| Other Comprehensive Income | $88.28 Million | +3.31% |
| Other Changes | $-47.30 Million | -1.77% |
| Total Change | $- | 8.58% |
Book Value vs Market Value Analysis
This analysis compares Singapore Technologies Engineering Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.00x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 10.76x to 6.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.47 | $5.10 | x |
| 2002-12-31 | $0.50 | $5.10 | x |
| 2003-12-31 | $0.46 | $5.10 | x |
| 2004-12-31 | $0.47 | $5.10 | x |
| 2005-12-31 | $0.51 | $5.10 | x |
| 2006-12-31 | $0.53 | $5.10 | x |
| 2007-12-31 | $0.55 | $5.10 | x |
| 2008-12-31 | $0.12 | $5.10 | x |
| 2009-12-31 | $0.52 | $5.10 | x |
| 2010-12-31 | $0.53 | $5.10 | x |
| 2011-12-31 | $0.58 | $5.10 | x |
| 2012-12-31 | $0.62 | $5.10 | x |
| 2013-12-31 | $0.68 | $5.10 | x |
| 2014-12-31 | $0.68 | $5.10 | x |
| 2015-12-31 | $0.69 | $5.10 | x |
| 2016-12-31 | $0.70 | $5.10 | x |
| 2017-12-31 | $0.72 | $5.10 | x |
| 2018-12-31 | $0.72 | $5.10 | x |
| 2019-12-31 | $0.71 | $5.10 | x |
| 2020-12-31 | $0.73 | $5.10 | x |
| 2021-12-31 | $0.77 | $5.10 | x |
| 2022-12-31 | $0.76 | $5.10 | x |
| 2023-12-31 | $0.78 | $5.10 | x |
| 2024-12-31 | $0.85 | $5.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Singapore Technologies Engineering Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.23%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 6.07x
- Recent ROE (26.30%) is below the historical average (29.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 24.96% | 13.86% | 0.54x | 3.34x | $205.15 Million |
| 2002 | 22.78% | 12.63% | 0.60x | 3.00x | $185.50 Million |
| 2003 | 24.58% | 11.55% | 0.68x | 3.11x | $193.13 Million |
| 2004 | 26.07% | 12.01% | 0.73x | 2.99x | $218.36 Million |
| 2005 | 26.55% | 11.87% | 0.73x | 3.06x | $247.03 Million |
| 2006 | 28.43% | 9.92% | 0.81x | 3.52x | $288.58 Million |
| 2007 | 30.84% | 9.97% | 0.84x | 3.70x | $340.25 Million |
| 2008 | 125.99% | 8.86% | 2.54x | 5.60x | $436.04 Million |
| 2009 | 28.31% | 8.00% | 0.81x | 4.39x | $287.12 Million |
| 2010 | 30.28% | 8.20% | 0.82x | 4.48x | $328.85 Million |
| 2011 | 29.87% | 8.81% | 0.81x | 4.19x | $350.92 Million |
| 2012 | 30.41% | 9.03% | 0.79x | 4.24x | $386.71 Million |
| 2013 | 27.45% | 8.76% | 0.76x | 4.11x | $369.21 Million |
| 2014 | 24.95% | 8.13% | 0.79x | 3.90x | $318.73 Million |
| 2015 | 24.81% | 8.35% | 0.78x | 3.83x | $315.83 Million |
| 2016 | 22.20% | 7.25% | 0.80x | 3.83x | $266.29 Million |
| 2017 | 22.44% | 7.59% | 0.78x | 3.78x | $278.63 Million |
| 2018 | 22.00% | 7.38% | 0.88x | 3.37x | $269.60 Million |
| 2019 | 26.01% | 7.35% | 0.83x | 4.28x | $355.72 Million |
| 2020 | 22.76% | 7.29% | 0.75x | 4.17x | $292.58 Million |
| 2021 | 23.65% | 7.42% | 0.73x | 4.36x | $329.26 Million |
| 2022 | 22.31% | 5.92% | 0.60x | 6.24x | $295.21 Million |
| 2023 | 23.85% | 5.81% | 0.66x | 6.25x | $340.53 Million |
| 2024 | 26.30% | 6.23% | 0.70x | 6.07x | $435.22 Million |
Industry Comparison
This section compares Singapore Technologies Engineering Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $121,635,637
- Average return on equity (ROE) among peers: -1.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Singapore Technologies Engineering Ltd (SGGKF) | $3.04 Billion | 24.96% | 4.23x | $7.74 Billion |
| Alabama Aircraft Industries Inc (AAIIQ) | $12.51 Million | 89.71% | 5.45x | $0.94 |
| AAC Clyde Space AB (ACCMF) | $43.41 Million | -62.42% | 0.38x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $493.30 Million | -64.32% | 0.16x | $3.35 Billion |
| American Defense Systems Inc (ADFS) | $10.04 Million | -16.29% | 1.51x | $4.85K |
| AAR Corp (AIR) | $585.25 Million | 12.84% | 1.33x | $4.04 Billion |
| Air Industries Group (AIRI) | $-774.42K | 0.00% | 0.00x | $12.27 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $-106.24 Million | 0.00% | 0.00x | $159.98 Million |
| Philly Shipyard ASA (AKRRF) | $138.18 Million | 9.85% | 0.94x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $-10.83 | 0.00% | 0.00x | $2.48 Million |
| Astronics Corporation (ATRO) | $40.67 Million | 15.98% | 0.75x | $2.29 Billion |