Income Statement Stamford Tyres Corporation Limited

Stocks

S29

SG1O53913362

Tires & Rubber Products

Market Closed - Singapore S.E. 11:33:18 18/09/2026 +03			5-day change	1st Jan Change
0.1950 ^SGD	0.00%		0.00%	+1.04%

06-26	Stamford Tyres Reports Higher Attributable Profit in Fiscal H2	MT
06-25	Stamford Tyres Corporation Limited Reports Earnings Results for the Full Year Ended April 30, 2026	CI

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Published financial data: STAMFORD TYRES CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: April	2022 (SGD)	2023 (SGD)	2024 (SGD)	2025 (SGD)	2026 (SGD)
Revenues	190M	188M	185M	188M	181M
Other Revenues, Total	4.1M	5.01M	4.92M	4.91M	4.79M
Total Revenues	194M	193M	190M	193M	186M
Cost of Goods Sold, Total	144M	144M	142M	148M	143M
Gross Profit	50.55M	49.67M	47.74M	44.97M	42.59M
Selling General & Admin Expenses, Total	28.51M	29.76M	30.66M	29.53M	30.28M
Provision for Bad Debts	2.05M	-	-	-	-
Depreciation & Amortization - (IS)	6.27M	5.4M	4.88M	5.28M	5.44M
Other Operating Expenses	5.68M	5.95M	2.87M	5.51M	2.07M
Other Operating Expenses, Total	42.51M	41.11M	38.41M	40.31M	37.78M
Operating Income	8.04M	8.56M	9.33M	4.65M	4.81M
Interest Expense, Total	-3.45M	-4.57M	-4.83M	-4.9M	-3.94M
Interest And Investment Income	202K	332K	528K	533K	411K
Net Interest Expenses	-3.25M	-4.24M	-4.3M	-4.37M	-3.53M
Income (Loss) On Equity Invest.	2.04M	1.41M	831K	933K	1.03M
EBT, Excl. Unusual Items	6.84M	5.73M	5.87M	1.22M	2.31M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	1.94M	706K	-
Other Unusual Items	294K	167K	14K	14K	153K
EBT, Incl. Unusual Items	7.13M	5.9M	7.82M	1.94M	2.46M
Income Tax Expense	3.24M	1.75M	1.82M	1.02M	1.41M
Earnings From Continuing Operations	3.89M	4.15M	6.01M	921K	1.05M
Net Income to Company	3.89M	4.15M	6.01M	921K	1.05M
Net Income - (IS)	3.89M	4.15M	6.01M	921K	1.05M
Net Income to Common Incl Extra Items	3.89M	4.15M	6.01M	921K	1.05M
Net Income to Common Excl. Extra Items	3.89M	4.15M	6.01M	921K	1.05M
Per Share Items
Net EPS - Basic	0.02	0.02	0.03	0	0
Basic EPS - Continuing Operations	0.02	0.02	0.03	0	0
Basic Weighted Average Shares Outstanding	237M	237M	237M	237M	237M
Net EPS - Diluted	0.02	0.02	0.03	0	0
Diluted EPS - Continuing Operations	0.02	0.02	0.03	0	0
Diluted Weighted Average Shares Outstanding	237M	237M	237M	237M	237M
Normalized Basic EPS	0.02	0.02	0.02	0	0.01
Normalized Diluted EPS	0.02	0.02	0.02	0	0.01
Dividend Per Share	0.02	0.02	0.02	0.01	0.01
Payout Ratio	76.35	85.79	59.28	515.53	226.74
Supplemental Items
EBITDA	13.92M	13.78M	14.19M	9.66M	10.04M
EBITA	8.04M	8.56M	9.33M	4.65M	4.81M
EBIT	8.04M	8.56M	9.33M	4.65M	4.81M
EBITDAR	15.22M	15.21M	16.13M	11.72M	12M
Total Revenues (As Reported)	195M	194M	190M	193M	187M
Effective Tax Rate - (Ratio)	45.51	29.62	23.23	52.5	57.46
Total Current Taxes	2.46M	2.37M	1.82M	1.66M	1.28M
Total Deferred Taxes	790K	625K	-	-641K	129K
Normalized Net Income	4.27M	3.58M	3.67M	762K	1.44M
Interest on Long-Term Debt	359K	357K	330K	365K	326K
Supplemental Operating Expense Items
Selling and Marketing Expenses	5.22M	6.4M	6.52M	6.33M	5.89M
Net Rental Expense, Total	1.3M	1.43M	1.94M	2.06M	1.96M
Imputed Operating Lease Interest Expense	347K	544K	969K	1.08M	805K
Imputed Operating Lease Depreciation	950K	887K	973K	976K	1.16M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: April	2022 (SGD)	2023 (SGD)	2024 (SGD)	2025 (SGD)	2026 (SGD)
Assets
Cash And Equivalents	35.84M	30.29M	32.54M	27.74M	30.86M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	35.84M	30.29M	32.54M	27.74M	30.86M
Accounts Receivable, Total	36.2M	30.88M	30.4M	33.72M	32.45M
Other Receivables	2.65M	2.76M	2.76M	3.58M	3.66M
Notes Receivable	178K	165K	134K	112K	64K
Total Receivables	39.04M	33.81M	33.29M	37.41M	36.18M
Inventory	94.78M	85.28M	68.54M	81.16M	70.76M
Prepaid Expenses	2.24M	2.46M	3.55M	2.2M	2.16M
Other Current Assets, Total	2.29M	2.43M	3.68M	3.96M	4.17M
Total Current Assets	174M	154M	142M	152M	144M
Gross Property Plant And Equipment	187M	185M	175M	181M	185M
Accumulated Depreciation	-122M	-124M	-122M	-126M	-128M
Net Property Plant And Equipment	65.14M	60.71M	52.99M	55.38M	56.53M
Long-term Investments	16M	14.33M	13.28M	11.84M	10.06M
Deferred Tax Assets Long-Term	2.86M	3.3M	2.76M	2.45M	2.15M
Total Assets	258M	233M	211M	222M	213M
Liabilities
Accounts Payable, Total	11.4M	10.64M	10.81M	13.34M	13.4M
Accrued Expenses, Total	12.09M	10.44M	8.76M	6.83M	6.64M
Short-term Borrowings	62.35M	49.63M	39.8M	49.1M	46.7M
Current Portion of Long-Term Debt	18.5M	13.87M	11.33M	2.88M	3.77M
Current Portion of Leases	1.52M	1.67M	1.3M	1.98M	2.26M
Current Income Taxes Payable	2.1M	1.98M	1.51M	1.34M	1.25M
Unearned Revenue Current, Total	714K	1.33M	1.18M	1.34M	1.53M
Other Current Liabilities	6.77M	6.09M	5.73M	6.46M	5.53M
Total Current Liabilities	115M	95.66M	80.42M	83.27M	81.09M
Long-Term Debt	15.64M	13.29M	8.96M	19.2M	13.78M
Long-Term Leases	7.91M	8.16M	6.77M	7.63M	6.39M
Deferred Tax Liability Non Current	1.96M	1.8M	1.66M	609K	428K
Other Non Current Liabilities	865K	865K	853K	853K	853K
Total Liabilities	142M	120M	98.67M	112M	103M
Common Stock, Total	36.24M	36.24M	36.24M	36.24M	36.24M
Retained Earnings	98.87M	99.46M	102M	98.08M	96.76M
Comprehensive Income and Other	-18.77M	-22.87M	-26.19M	-23.76M	-22.68M
Total Common Equity	116M	113M	112M	111M	110M
Total Equity	116M	113M	112M	111M	110M
Total Liabilities And Equity	258M	233M	211M	222M	213M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	237M	237M	237M	237M	237M
ECS Total Common Shares Outstanding	237M	237M	237M	237M	237M
Book Value / Share	0.49	0.48	0.47	0.47	0.46
Tangible Book Value	116M	113M	112M	111M	110M
Tangible Book Value Per Share	0.49	0.48	0.47	0.47	0.46
Total Debt	106M	86.63M	68.16M	80.79M	72.91M
Net Debt	70.09M	56.33M	35.62M	53.05M	42.05M
Debt Equivalent Oper. Leases	10.38M	11.45M	15.54M	16.48M	15.7M
Equity Method Investments, Total	16M	14.33M	13.28M	11.84M	10.06M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	9.72M	10.45M	5.67M	8.6M	5.05M
Inventories - Work In Process, Total	2.96M	1.82M	2.3M	1.89M	3.37M
Inventories - Finished Goods, Total	95.69M	89.56M	75.22M	83.9M	62.33M
Land - (BS)	68.18M	69.15M	65.34M	67.85M	68.93M
Buildings, Total	-	-	-	-	-
Machinery, Total	96.57M	95.46M	91.89M	95.18M	96.99M
Accumulated Allowance for Doubtful Accounts (Supple)	12.1M	6.55M	4.35M	4.76M	4.93M

Fiscal Period: April	2022 (SGD)	2023 (SGD)	2024 (SGD)	2025 (SGD)	2026 (SGD)
Net Income	3.89M	4.15M	6.01M	921K	1.05M
Depreciation & Amortization - CF	8.31M	7.37M	6.67M	7.04M	7.31M
Depreciation & Amortization, Total	8.31M	7.37M	6.67M	7.04M	7.31M
(Gain) Loss From Sale Of Asset	-67K	-120K	-1.94M	-706K	-209K
Asset Writedown & Restructuring Costs	42K	4K	2K	311K	20K
(Income) Loss On Equity Investments - (CF)	-2.04M	-1.41M	-831K	-933K	-1.03M
Stock-Based Compensation (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	-24K	-11K	1K	-111K	-111K
Other Operating Activities, Total	-1.1M	-3.46M	-2.69M	723K	817K
Change In Accounts Receivable	5.04M	5.08M	-2.01M	-2.89M	1.11M
Change In Inventories	-13.44M	9.5M	16.74M	-12.62M	10.41M
Change In Accounts Payable	-2.12M	-2.6M	-2.08M	1.73M	-1M
Cash from Operations	-1.5M	18.51M	19.87M	-6.54M	18.36M
Capital Expenditure	-7.27M	-1.63M	-2.02M	-5.22M	-6.7M
Sale of Property, Plant, and Equipment	73K	144K	4.02M	782K	275K
Other Investing Activities, Total	1.91M	2.44M	1.89M	1.87M	2.46M
Cash from Investing	-5.29M	962K	3.9M	-2.56M	-3.97M
Short Term Debt Issued, Total	12.62M	1.1M	-	9.35M	-
Long-Term Debt Issued, Total	840K	-	-	6M	4.8M
Total Debt Issued	13.46M	1.1M	-	15.35M	4.8M
Short Term Debt Repaid, Total	-	-11.98M	-8.05M	-	-2.25M
Long-Term Debt Repaid, Total	-9M	-8.76M	-9M	-6.82M	-12M
Total Debt Repaid	-9M	-20.75M	-17.06M	-6.82M	-14.25M
Common Dividends Paid	-2.97M	-3.56M	-3.56M	-4.75M	-2.37M
Common & Preferred Stock Dividends Paid	-2.97M	-3.56M	-3.56M	-4.75M	-2.37M
Cash from Financing	1.48M	-23.21M	-20.62M	3.78M	-11.82M
Foreign Exchange Rate Adjustments	-686K	-1.8M	-899K	511K	559K
Net Change in Cash	-6M	-5.54M	2.25M	-4.8M	3.12M
Supplemental Items
Cash Interest Paid	3.45M	4.57M	4.83M	4.9M	3.94M
Cash Income Tax Paid (Refund)	2.56M	2.48M	1.89M	1.93M	1.38M
Levered Free Cash Flow	-6.63M	20.01M	19.9M	-12.68M	11.64M
Unlevered Free Cash Flow	-4.47M	22.86M	22.92M	-9.61M	14.11M
Change In Net Working Capital	10.54M	-11.77M	-12.43M	14.35M	-10.5M
Net Debt Issued / Repaid	4.45M	-19.65M	-17.06M	8.53M	-9.45M

Fiscal Period: April	2022 (SGD)	2023 (SGD)	2024 (SGD)	2025 (SGD)	2026 (SGD)
Profitability
Return on Assets	1.96	2.18	2.63	1.34	1.38
Return on Total Capital	2.29	2.54	3.07	1.57	1.61
Return On Equity %	3.33	3.62	5.34	0.83	0.95
Return on Common Equity	3.33	3.62	5.34	0.83	0.95
Margin Analysis
Gross Profit Margin %	26	25.69	25.16	23.34	22.91
SG&A Margin	14.67	15.39	16.16	15.33	16.28
EBITDA Margin %	7.16	7.12	7.48	5.01	5.4
EBITA Margin %	4.14	4.43	4.92	2.41	2.59
EBIT Margin %	4.14	4.43	4.92	2.41	2.59
Income From Continuing Operations Margin %	2	2.15	3.17	0.48	0.56
Net Income Margin %	2	2.15	3.17	0.48	0.56
Net Avail. For Common Margin %	2	2.15	3.17	0.48	0.56
Normalized Net Income Margin	2.2	1.85	1.93	0.4	0.78
Levered Free Cash Flow Margin	-3.41	10.35	10.49	-6.58	6.26
Unlevered Free Cash Flow Margin	-2.3	11.82	12.08	-4.99	7.59
Asset Turnover
Asset Turnover	0.76	0.79	0.86	0.89	0.85
Fixed Assets Turnover	2.99	3.07	3.34	3.56	3.32
Receivables Turnover (Average Receivables)	4.82	5.61	6.03	5.86	5.48
Inventory Turnover (Average Inventory)	1.63	1.6	1.85	1.97	1.89
Short Term Liquidity
Current Ratio	1.51	1.61	1.76	1.83	1.78
Quick Ratio	0.65	0.67	0.82	0.78	0.83
Operating Cash Flow to Current Liabilities	-0.01	0.19	0.25	-0.08	0.23
Days Sales Outstanding (Average Receivables)	75.65	65	60.68	62.33	66.66
Days Outstanding Inventory (Average Inventory)	223.4	228.69	198.25	185.02	193.42
Average Days Payable Outstanding	30.34	29.98	31.34	27.5	36.71
Cash Conversion Cycle (Average Days)	268.71	263.71	227.6	219.84	223.36
Long Term Solvency
Total Debt/Equity	91.04	76.77	60.88	73.06	66.09
Total Debt / Total Capital	47.66	43.43	37.84	42.22	39.79
LT Debt/Equity	20.24	19.01	14.05	24.27	18.29
Long-Term Debt / Total Capital	10.6	10.75	8.73	14.02	11.01
Total Liabilities / Total Assets	54.94	51.49	46.84	50.22	48.17
EBIT / Interest Expense	2.33	1.87	1.93	0.95	1.22
EBITDA / Interest Expense	4.74	3.48	3.32	2.39	3.07
(EBITDA - Capex) / Interest Expense	2.63	3.13	2.9	1.32	1.37
Total Debt / EBITDA	6.48	5.44	4.26	6.91	6.02
Net Debt / EBITDA	4.29	3.54	2.23	4.54	3.47
Total Debt / (EBITDA - Capex)	11.67	6.06	4.87	12.47	13.47
Net Debt / (EBITDA - Capex)	7.72	3.94	2.55	8.19	7.77
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.28	-0.55	-1.88	1.53	-3.45
Gross Profit, 1 Yr. Growth %	8.65	-1.74	-3.88	-5.82	-5.2
EBITDA, 1 Yr. Growth %	17.81	-1.06	3.9	-31.94	-2.8
EBITA, 1 Yr. Growth %	50.29	6.45	10.58	-50.16	-9.57
EBIT, 1 Yr. Growth %	50.29	6.45	10.58	-50.16	-9.57
Earnings From Cont. Operations, 1 Yr. Growth %	56.44	6.82	44.71	-84.67	13.68
Net Income, 1 Yr. Growth %	56.44	6.82	44.71	-84.67	13.68
Normalized Net Income, 1 Yr. Growth %	135.27	-16.18	4.54	-79.22	22.31
Diluted EPS Before Extra, 1 Yr. Growth %	56.24	6.82	44.71	-84.67	13.69
Accounts Receivable, 1 Yr. Growth %	-15.2	-14.69	-1.58	10.92	-3.74
Inventory, 1 Yr. Growth %	16.52	-10.03	-19.63	18.42	-12.82
Net Property, Plant and Equip., 1 Yr. Growth %	0.28	-6.8	-12.72	4.51	2.08
Total Assets, 1 Yr. Growth %	1.2	-9.9	-9.45	5.46	-4.18
Tangible Book Value, 1 Yr. Growth %	-0.5	-3.02	-0.77	-1.25	-0.23
Common Equity, 1 Yr. Growth %	-0.5	-3.02	-0.77	-1.25	-0.23
Cash From Operations, 1 Yr. Growth %	-105.28	-1.33K	7.35	-132.89	-380.87
Capital Expenditures, 1 Yr. Growth %	91.22	-77.64	23.99	158.88	28.45
Levered Free Cash Flow, 1 Yr. Growth %	-126.38	-401.83	-0.16	-163.7	-194.99
Unlevered Free Cash Flow, 1 Yr. Growth %	-116.26	-611.18	0.57	-141.95	-253.41
Dividend Per Share, 1 Yr. Growth %	20	0	0	-33.33	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.31	-0.13	-1.22	-0.19	-1
Gross Profit, 2 Yr. CAGR %	8.94	3.33	-2.82	-4.85	-5.55
EBITDA, 2 Yr. CAGR %	36.1	7.96	0.94	-15.91	-15.9
EBITA, 2 Yr. CAGR %	235.84	26.49	7.73	-25.76	-28.21
EBIT, 2 Yr. CAGR %	235.84	26.49	7.73	-25.76	-28.21
Earnings From Cont. Operations, 2 Yr. CAGR %	-1.6	29.27	24.33	-52.9	-58.25
Net Income, 2 Yr. CAGR %	-1.6	29.27	24.33	-52.9	-58.25
Normalized Net Income, 2 Yr. CAGR %	47.8	40.43	-7.37	-53.39	-37.27
Diluted EPS Before Extra, 2 Yr. CAGR %	-1.78	29.19	24.33	-52.9	-58.25
Accounts Receivable, 2 Yr. CAGR %	-13.42	-14.95	-8.37	4.48	3.33
Inventory, 2 Yr. CAGR %	2.58	2.39	-14.96	-2.44	1.6
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.43	-3.32	-9.8	-4.49	3.29
Total Assets, 2 Yr. CAGR %	-0.06	-4.51	-9.68	-2.28	0.53
Tangible Book Value, 2 Yr. CAGR %	-0.28	-1.77	-1.9	-1.01	-0.74
Common Equity, 2 Yr. CAGR %	-0.28	-1.77	-1.9	-1.01	-0.74
Cash From Operations, 2 Yr. CAGR %	-54.82	-19.38	263.48	-40.58	-3.89
Capital Expenditures, 2 Yr. CAGR %	102.98	-34.61	-47.35	79.16	82.36
Levered Free Cash Flow, 2 Yr. CAGR %	-13.25	-10.77	73.27	-20.25	-23.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	-37.8	-8.84	126.36	-35.05	-21.54
Dividend Per Share, 2 Yr. CAGR %	73.21	9.54	0	-18.35	-18.35
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.97	-1.06	-0.72	-0.31	-1.3
Gross Profit, 3 Yr. CAGR %	1.38	5.26	0.87	-3.83	-4.99
EBITDA, 3 Yr. CAGR %	1.14	22.38	6.28	-11.49	-9.76
EBITA, 3 Yr. CAGR %	9.16	128.99	20.38	-16.68	-17.09
EBIT, 3 Yr. CAGR %	9.16	128.99	20.38	-16.68	-17.09
Earnings From Cont. Operations, 3 Yr. CAGR %	101.64	1.13	34.23	-38.12	-36.82
Net Income, 3 Yr. CAGR %	101.64	1.13	34.23	-38.12	-36.82
Normalized Net Income, 3 Yr. CAGR %	38.49	22.34	26.38	-43.72	-25.63
Diluted EPS Before Extra, 3 Yr. CAGR %	101.19	1.01	34.17	-38.12	-36.82
Accounts Receivable, 3 Yr. CAGR %	-12.86	-13.84	-10.71	-2.35	1.67
Inventory, 3 Yr. CAGR %	1.05	-1.8	-5.55	-5.04	-6.03
Net Property, Plant and Equip., 3 Yr. CAGR %	0.88	-3.25	-6.56	-5.27	-2.35
Total Assets, 3 Yr. CAGR %	1.2	-3.45	-6.19	-4.89	-2.91
Tangible Book Value, 3 Yr. CAGR %	-2	-1.2	-1.44	-1.68	-0.75
Common Equity, 3 Yr. CAGR %	-2	-1.2	-1.44	-1.68	-0.75
Cash From Operations, 3 Yr. CAGR %	-9.41	35.94	-11.31	63.18	-0.28
Capital Expenditures, 3 Yr. CAGR %	40.82	-2.7	-19.07	-10.47	60.35
Levered Free Cash Flow, 3 Yr. CAGR %	32.31	31.46	-7.48	24.13	-16.4
Unlevered Free Cash Flow, 3 Yr. CAGR %	157.73	25.52	-5.91	29.06	-14.77
Dividend Per Share, 3 Yr. CAGR %	14.47	44.22	6.27	-12.64	-12.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.05	-4.82	-4.1	-0.71	-0.83
Gross Profit, 5 Yr. CAGR %	-3.08	-3.45	-0.32	1.09	-1.75
EBITDA, 5 Yr. CAGR %	-7.59	-5.27	1.06	5.14	-3.22
EBITA, 5 Yr. CAGR %	-9.48	-3.74	8.59	45.52	-2.11
EBIT, 5 Yr. CAGR %	-9.48	-3.74	8.59	45.52	-2.11
Earnings From Cont. Operations, 5 Yr. CAGR %	-13.69	-4.38	66.18	-25.5	-15.87
Net Income, 5 Yr. CAGR %	-13.69	-4.38	66.18	-25.5	-15.87
Normalized Net Income, 5 Yr. CAGR %	-8.8	-6.78	17.91	-17.19	-4.5
Diluted EPS Before Extra, 5 Yr. CAGR %	-13.82	-4.53	65.96	-25.56	-15.89
Accounts Receivable, 5 Yr. CAGR %	-11.71	-12.49	-11.09	-6.94	-5.34
Inventory, 5 Yr. CAGR %	4.01	-0.61	-5.69	-2.06	-2.75
Net Property, Plant and Equip., 5 Yr. CAGR %	-1.62	-2.57	-3.54	-3.75	-2.74
Total Assets, 5 Yr. CAGR %	-0.63	-2.69	-3.3	-2.98	-3.56
Tangible Book Value, 5 Yr. CAGR %	-1.25	-2.16	-1.96	-1.13	-1.16
Common Equity, 5 Yr. CAGR %	-1.25	-2.16	-1.96	-1.13	-1.16
Cash From Operations, 5 Yr. CAGR %	-43.12	2.61	57.92	-2.37	-8.41
Capital Expenditures, 5 Yr. CAGR %	0.07	-19.89	-4.99	24.21	12.01
Levered Free Cash Flow, 5 Yr. CAGR %	-18.15	14.68	47.38	7.56	-14.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	-26.48	12.63	144.69	-3.62	-12.5
Dividend Per Share, 5 Yr. CAGR %	0	8.45	8.45	14.87	-4.36