Hiap Seng Engineering Ltd
SGX:510
Income Statement
Earnings Waterfall
Hiap Seng Engineering Ltd
Revenue
|
18.6m
SGD
|
Cost of Revenue
|
-15.5m
SGD
|
Gross Profit
|
3.1m
SGD
|
Operating Expenses
|
-4.7m
SGD
|
Operating Income
|
-1.6m
SGD
|
Other Expenses
|
-950k
SGD
|
Net Income
|
-2.6m
SGD
|
Income Statement
Hiap Seng Engineering Ltd
Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
161
N/A
|
168
+4%
|
188
+12%
|
204
+8%
|
230
+13%
|
237
+3%
|
230
-3%
|
239
+4%
|
237
-1%
|
259
+9%
|
280
+8%
|
292
+4%
|
274
-6%
|
253
-7%
|
210
-17%
|
159
-25%
|
160
+1%
|
168
+5%
|
174
+4%
|
196
+13%
|
179
-9%
|
159
-12%
|
155
-2%
|
135
-13%
|
122
-9%
|
122
+0%
|
122
0%
|
118
-3%
|
150
+27%
|
141
-6%
|
139
-1%
|
148
+7%
|
128
-14%
|
136
+7%
|
118
-13%
|
94
-21%
|
29
-69%
|
42
+44%
|
27
-37%
|
23
-15%
|
19
-18%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(136)
|
(142)
|
(167)
|
(181)
|
(202)
|
(212)
|
(201)
|
(220)
|
(220)
|
(240)
|
(263)
|
(273)
|
(262)
|
(243)
|
(199)
|
(144)
|
(139)
|
(144)
|
(150)
|
(173)
|
(156)
|
(139)
|
(138)
|
(123)
|
(116)
|
(117)
|
(119)
|
(132)
|
(158)
|
(162)
|
(160)
|
(158)
|
(143)
|
(144)
|
(123)
|
(91)
|
(31)
|
(43)
|
(21)
|
(17)
|
(16)
|
|
Gross Profit |
24
N/A
|
25
+3%
|
22
-13%
|
23
+5%
|
28
+21%
|
25
-8%
|
29
+15%
|
19
-35%
|
17
-9%
|
19
+11%
|
17
-14%
|
19
+14%
|
12
-38%
|
10
-12%
|
11
+7%
|
15
+35%
|
21
+41%
|
23
+12%
|
24
+2%
|
24
-1%
|
23
-4%
|
19
-15%
|
17
-9%
|
12
-30%
|
6
-53%
|
5
-5%
|
3
-50%
|
(14)
N/A
|
(8)
+43%
|
(21)
-172%
|
(21)
+1%
|
(9)
+56%
|
(15)
-59%
|
(8)
+46%
|
(5)
+42%
|
3
N/A
|
(2)
N/A
|
(0)
+93%
|
6
N/A
|
5
-9%
|
3
-42%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(15)
|
(17)
|
(19)
|
(18)
|
(21)
|
(23)
|
(23)
|
(25)
|
(26)
|
(23)
|
(22)
|
(21)
|
(20)
|
(24)
|
(24)
|
(24)
|
(23)
|
(18)
|
(18)
|
(18)
|
(17)
|
(18)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(20)
|
(17)
|
(17)
|
(17)
|
(15)
|
(17)
|
(14)
|
(13)
|
(12)
|
(7)
|
(8)
|
(4)
|
(5)
|
(5)
|
|
Selling, General & Administrative |
(16)
|
(18)
|
(19)
|
(20)
|
(23)
|
(22)
|
(22)
|
(23)
|
(24)
|
(23)
|
(22)
|
(21)
|
(20)
|
(25)
|
(24)
|
(24)
|
(23)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(17)
|
(18)
|
(17)
|
(17)
|
(18)
|
(17)
|
(17)
|
(17)
|
(16)
|
(17)
|
(15)
|
(15)
|
(11)
|
(8)
|
(10)
|
(6)
|
(6)
|
(5)
|
|
Other Operating Expenses |
0
|
1
|
1
|
2
|
2
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
(0)
|
1
|
0
|
(0)
|
1
|
(1)
|
1
|
2
|
(1)
|
1
|
2
|
1
|
1
|
1
|
|
Operating Income |
9
N/A
|
8
-14%
|
3
-63%
|
4
+54%
|
7
+54%
|
2
-66%
|
6
+179%
|
(6)
N/A
|
(9)
-39%
|
(4)
+57%
|
(6)
-55%
|
(2)
+60%
|
(9)
-266%
|
(14)
-63%
|
(13)
+6%
|
(9)
+35%
|
(2)
+77%
|
6
N/A
|
6
+6%
|
6
-11%
|
6
+1%
|
2
-72%
|
1
-30%
|
(4)
N/A
|
(11)
-215%
|
(11)
-2%
|
(15)
-33%
|
(33)
-125%
|
(25)
+26%
|
(38)
-56%
|
(38)
+1%
|
(25)
+35%
|
(33)
-31%
|
(22)
+32%
|
(18)
+20%
|
(9)
+50%
|
(9)
+1%
|
(8)
+10%
|
1
N/A
|
0
-88%
|
(2)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(2)
|
(1)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
3
|
2
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
7
|
7
|
7
|
6
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
3
|
2
|
2
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(5)
|
(4)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
1
|
1
|
4
|
4
|
5
|
5
|
(0)
|
|
Total Other Income |
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
2
|
2
|
2
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
8
N/A
|
6
-32%
|
9
+57%
|
8
-9%
|
10
+26%
|
7
-32%
|
4
-42%
|
(9)
N/A
|
(10)
-14%
|
(3)
+68%
|
(5)
-55%
|
1
N/A
|
(7)
N/A
|
(12)
-72%
|
(11)
+5%
|
(7)
+40%
|
0
N/A
|
6
+2 000%
|
6
+4%
|
6
-11%
|
6
N/A
|
2
-73%
|
1
-34%
|
(3)
N/A
|
(11)
-231%
|
(17)
-53%
|
(20)
-18%
|
(39)
-96%
|
(30)
+24%
|
(39)
-32%
|
(39)
+0%
|
(26)
+34%
|
(34)
-31%
|
(25)
+28%
|
(18)
+28%
|
(9)
+49%
|
(6)
+35%
|
(5)
+9%
|
6
N/A
|
5
-20%
|
(3)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
1
|
1
|
(0)
|
(0)
|
0
|
|
Income from Continuing Operations |
7
|
4
|
8
|
7
|
10
|
7
|
4
|
(8)
|
(9)
|
(3)
|
(5)
|
1
|
(7)
|
(13)
|
(12)
|
(8)
|
(1)
|
6
|
6
|
5
|
5
|
2
|
1
|
(3)
|
(12)
|
(18)
|
(21)
|
(40)
|
(30)
|
(39)
|
(39)
|
(26)
|
(34)
|
(24)
|
(18)
|
(9)
|
(5)
|
(5)
|
6
|
5
|
(3)
|
|
Income to Minority Interest |
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
7
N/A
|
4
-41%
|
7
+74%
|
7
-2%
|
10
+35%
|
8
-23%
|
4
-40%
|
(7)
N/A
|
(9)
-24%
|
(3)
+63%
|
(5)
-48%
|
(0)
+92%
|
(8)
-1 903%
|
(13)
-73%
|
(12)
+7%
|
(7)
+41%
|
(0)
+98%
|
6
N/A
|
7
+9%
|
6
-4%
|
6
-2%
|
2
-60%
|
2
-34%
|
(3)
N/A
|
(11)
-277%
|
(16)
-50%
|
(19)
-19%
|
(38)
-97%
|
(28)
+26%
|
(37)
-34%
|
(38)
-1%
|
(24)
+37%
|
(32)
-35%
|
(24)
+26%
|
(17)
+30%
|
(9)
+45%
|
(5)
+45%
|
(4)
+13%
|
6
N/A
|
5
-21%
|
(3)
N/A
|
|
EPS (Diluted) |
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.02
-33%
|
-0.02
N/A
|
-0.03
-50%
|
-0.01
+67%
|
-0.03
-200%
|
-0.01
+67%
|
-0.03
-200%
|
-0.04
-33%
|
-0.03
+25%
|
-0.02
+33%
|
0
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0
N/A
|
-0.01
N/A
|
-0.03
-200%
|
-0.05
-67%
|
-0.05
N/A
|
-0.11
-120%
|
-0.08
+27%
|
-0.12
-50%
|
-0.12
N/A
|
-0.08
+33%
|
-0.11
-38%
|
-0.07
+36%
|
-0.05
+29%
|
-0.03
+40%
|
-0.02
+33%
|
-0.01
+50%
|
0.02
N/A
|
0.01
-50%
|
-0.01
N/A
|