Golden Agri-Resources Ltd

E5H.SI : Singapore Exchange

0.265

-1.85%

Share Price in SGD. As of 29 May 11:29:06 SGT

Chart

Key stats

  • 52-Week High
    SGD 0.280
  • 52-Week Low
    SGD 0.235
  • Market Cap
    SGD 3.4B
  • Avg Volume
    19M
  • P/E Ratio (TTM)
    13.25
  • Forward Dividend Yield
    6.05%

Share Price Performance

E5H.SI
Market
1 Day 0.00% 0.04%
5 Day 0.00% 0.18%
1 Month -3.64% 1.41%
6 Month -1.85% 7.90%
YTD 0.00% 3.05%
1 Year 6.00% -1.35%
5 Year -10.17% 0.84%
Include dividend return

All

Market Analysis

Consensus Share Price Target

Price Target: $0.276

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 29 May 2024

Analyst Ratings

  • RHB Invest

    11 Jan 2024

    Buy

    0.300

Analyst Reports

There are no analyst reports currently available for Golden Agri-Resources Ltd.

Beansprout Insights

Valuation

Price to earnings (P/E) ratio

Current P/E
6.6
Historical Average P/E
14.3

Golden Agri-Resources Ltd's current P/E ratio of 6.6x is lower than its historical average P/E ratio of 14.3x.

Price to book (P/B) ratio

Current P/B
0.7
Historical Average P/B
0.5

Golden Agri-Resources Ltd's current P/B ratio of 0.7x is higher than its historical average P/B ratio of 0.5x.

Earnings

Earnings Highlights

First Quarter 2024 Results Summary

  • Revenue: SGD 2.56B

    Increased 1% Year-on-Year

    Expanded sales volume offset the 8% year-on-year decline in CPO prices

  • Net Profit: SGD 37M

    Decreased 60% Year-on-Year

    Decline primarily caused by a foreign exchange loss compared to a gain recorded in the first quarter last year, higher interest expenses, and seasonality of general and administrative expenses that occurred in the first quarter of this year, as opposed to the second quarter in the previous year.

  • Return on Equity (ROE): 3%

  • Debt to Equity Ratio: 56%

    Decreased 5% Year-on-Year

    Reduced debts and higher total equity

Earnings per share (EPS)

The latest earnings per share is $0.02, which is lower than the earnings per share of $0.09 in 2022.

Financials

Financial Statements

15 May 2024

First Quarter Results

For period ending 31 Mar 2024

28 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

14 Nov 2023

Third Quarter Results

For period ending 30 Sep 2023

14 Aug 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

02 Apr 2024

Annual Report

For period ending 31 Dec 2023

31 May 2023

Sustainability Report

For period ending 31 Dec 2022

News

Profile

Company Description

GAR’s primary activities include cultivating and harvesting of oil palm trees; processing of fresh fruit bunches into crude palm oil (“CPO”) and palm kernel oil; and refining CPO into value-added products such as cooking oils, margarine and shortening. The Company operates a total planted area of 383,000 hectares, as well as 32 palm oil processing mills, three refineries and four kernel crushing plants in Indonesia. GAR also operates in China through an integrated deep-sea port, storage, oilseed crushing facilities and refinery facilities in Ningbo and Zhuhai. GAR and its subsidiaries generated revenue of US$1.9 billion in 2007. The Company has been listed on the Singapore Exchange since 1999.

FAQ

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