Aspial Corporation Intrinsic Value – ASPIAL CORPORATION Reports Second Quarter FY2023 Earnings Results on August 14, 2023
August 19, 2023
🌥️Earnings Overview
The earnings results for ASPIAL CORPORATION ($SGX:A30)’s second quarter of FY2023, reported on August 14, 2023, showed a total revenue of SGD 283.2 million, a 12.4% increase from the same period in the prior year. Net income was SGD -15.0 million, a decrease from the previous year’s deficit of -0.5 million as of June 30, 2023.
Stock Price
The stock opened at SG$0.1 and closed at SG$0.1, up 1.6% from the previous closing price of 0.1. This marked an increase in the stock price and further highlighted the success of the company’s second quarter report. This increase in revenue was driven by a strong performance in ASPIAL’s core industries such as retail and hospitality.
In addition, the company’s investments in new digital and e-commerce businesses also contributed to its growth. The company attributed the increase in net profits to its successful cost-cutting initiatives and the implementation of strategic investments in areas such as digital marketing and technology. Overall, ASPIAL CORPORATION had a strong quarter with both revenue and net profit increasing year-over-year, proving that its efforts in optimizing costs and investing in the right areas are paying off. With these results, the company is in a good position to continue its growth trajectory and achieve its long-term goals. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aspial Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 537.36 | -29.17 | -5.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aspial Corporation. More…
| Operations | Investing | Financing |
| 16.77 | 11.01 | -24.55 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aspial Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.61k | 1.22k | 0.13 |
Key Ratios Snapshot
Some of the financial key ratios for Aspial Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.7% | -31.8% | 5.1% |
| FCF Margin | ROE | ROA |
| 0.7% | 5.6% | 1.1% |
Analysis – Aspial Corporation Intrinsic Value
After conducting a thorough analysis of ASPIAL CORPORATION’s wellbeing, GoodWhale has come to the conclusion that the intrinsic value of the company’s shares is around SG$0.1. Our proprietary Valuation Line was used to calculate the exact value of the company’s shares and we believe that this value is an accurate representation of the intrinsic value of ASPIAL CORPORATION. Currently, ASPIAL CORPORATION’s stock is traded at SG$0.1, which is a fair price but is undervalued by 10.1%. This could be seen as an opportunity for investors to snap up this stock at a bargain price, while still receiving a fair return on their investment. We believe that this could be an attractive option for those seeking a low risk investment with potential upside. More…
Peers
Its main competitors are Crown International Corp Ltd, Hopefluent Group Holdings Ltd, and Kowloon Development Co Ltd.
– Crown International Corp Ltd ($SEHK:00727)
Crown International Corp Ltd is a publicly traded company with a market capitalization of $82.32 million as of March 2022. The company has a negative return on equity of -30.91%. Crown International Corp Ltd is engaged in the business of providing turnkey solutions for the development and operation of casinos, hotels, and resorts. The company has a presence in Macau, the Philippines, and Singapore.
– Hopefluent Group Holdings Ltd ($SEHK:00733)
HopeFluent Group Holdings Ltd is a consumer finance company that offers a range of financial products and services to individuals and small businesses in China. The company has a market cap of 748.31M as of 2022 and a Return on Equity of -35.07%. HopeFluent Group Holdings Ltd is headquartered in Beijing, China.
– Kowloon Development Co Ltd ($SEHK:00034)
Kowloon Development Co Ltd is a company with a market cap of 8.47B as of 2022. The company’s ROE is 6.32%. The company is engaged in the development, investment and management of property in Hong Kong.
Summary
ASPIAL CORPORATION experienced strong revenue growth for the second quarter of FY2023, with total revenue rising 12.4% year-over-year. Despite this, the company reported a net income loss of -15.0 million. Investors should take note of this, as it may be indicative of the company’s current financial situation and potential challenges that it is facing. Nonetheless, ASPIAL CORPORATION may still offer investors an attractive proposition due to its steady revenue growth and its potential to turn around its financial performance in the future.
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