Uob-kay Hian Intrinsic Value – UOB-KAY HIAN Reports Strong Second Quarter Financial Results for FY2023
August 14, 2023
☀️Earnings Overview
UOB-KAY HIAN ($SGX:U10) announced its financial results for the second quarter of FY2023, which concluded on June 30 2023. Total revenue for the quarter totaled SGD 217.6 million, representing a 5.2% decrease compared to the same period from the previous year. Nevertheless, net income for the quarter increased significantly by 33.9% to SGD 69.3 million year over year.
Stock Price
The stock opened at SG$1.4 and closed at the same price, up by 1.5% from its previous closing price of SG$1.4. The stock had a positive day as investors reacted favorably to the strong financial results. These encouraging results signaled that the company is continuing to grow and making positive strides. The stock was also buoyed by strong investor sentiment and continued market optimism. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Uob-kay Hian. More…
| Total Revenues | Net Income | Net Margin |
| 437.69 | 119.44 | 27.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Uob-kay Hian. More…
| Operations | Investing | Financing |
| 114.72 | -2.29 | -137.12 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Uob-kay Hian. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.3k | 2.46k | 2.01 |
Key Ratios Snapshot
Some of the financial key ratios for Uob-kay Hian are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.6% | -17.2% | 45.8% |
| FCF Margin | ROE | ROA |
| 25.4% | 7.0% | 2.9% |
Analysis – Uob-kay Hian Intrinsic Value
At GoodWhale, we have conducted a thorough examination of the financials of UOB-KAY HIAN to provide an analysis of the company’s stock. Our proprietary Valuation Line has calculated a fair value of UOB-KAY HIAN share of around SG$1.1. Despite this fair value, the current trading price of the stock is SG$1.4, reflecting an overvaluation by 22.6%. More…
Peers
UOB-Kay Hian Holdings Ltd is one of the largest investment banks in Singapore. It has a strong presence in the region and is a major player in the securities industry. The company is a leading provider of research, sales, and trading services. It has a strong focus on providing value-added services to its clients. The company has a strong client base and a good reputation in the industry. The company is a major player in the Singapore stock market and is a leading provider of research and investment banking services.
– Magic Empire Global Ltd ($NASDAQ:MEGL)
As of 2022, Yu Financial Holdings Ltd has a market capitalization of 199.38 million and a return on equity of 4.21%. The company is involved in providing financial services in Mainland China and Hong Kong. These services include investment banking, securities brokerage, and fund management.
– Da Yu Financial Holdings Ltd ($SEHK:01073)
Haitong International Securities Group Ltd is a Hong Kong-based investment holding company principally engaged in securities businesses. The Company operates its businesses through four segments. The Securities Broking segment is engaged in the provision of securities brokerage services. The Corporate Finance segment is engaged in the provision of corporate finance advisory services. The Asset Management segment is engaged in the provision of asset management products and services. The Treasury segment is engaged in the provision of treasury products and services. The Company operates its businesses in Hong Kong, Mainland China, Macau and Portugal.
Summary
UOB-KAY HIAN has reported its financial results for the second quarter of FY2023. Although total revenue decreased by 5.2% from the previous year, net income rose 33.9%. This indicates that the company has been able to contain costs and improve efficiency, resulting in higher profit margins.
Investors are likely to take a positive view of UOB-KAY HIAN’s performance, as the company continues to demonstrate its ability to make strategic decisions that have a positive impact on its bottom line. With its focus on cost control and operational efficiency, UOB-KAY HIAN is likely to remain attractive to investors in the long run.
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