INEO Chart
About

INNEOVA Holdings Limited, through its subsidiaries, distributes and sells automotive and industrial spare parts in Singapore, the Middle East, and internationally. It operates in two segments, On-Highway Business and Off-Highway Business. The On-Highway Business segment supplies genuine original equipment manufacturer (OEM) and aftermarket parts, engine and chassis parts, wear and tear parts, body parts, and spare parts and lubricants for use in passenger and commercial vehicles. This segment serves resellers, such as distributors and dealers of automotive parts, retailers, workshops, end-users, and fleet owners. The Off-Highway Business segment supplies a range of filters, batteries, lubricants, components, and industrial spare parts for internal combustion engines for various sectors, including marine, energy, mining, construction, agriculture, and oil and gas. This segment serves distributors and dealers of industrial parts that are resold to workshops, industrial manufacturing facilities, shipyards, and heavy-duty transport fleet owners. The company also manufactures and distributes automotive spare parts and lubricants under the REV-1, VETTO, NUTEQ, GENTEQ, ELITO, SUNBLADE, FILTEQ, and ENERGEO brands. In addition, it offers its products through retail outlets. The company was formerly known as SAG Holdings Limited and changed its name to INNEOVA Holdings Limited in April 2025. The company was founded in 1970 and is headquartered in Singapore. INNEOVA Holdings Limited is a subsidiary of Soon Aik Global Pte Ltd.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Parts Market Cap 8.12M
Enterprise Value 22.34M Income -1.43M Sales 61.20M
Book/sh 0.69 Cash/sh 0.52 Dividend Yield
Payout 0.00% Employees 139 IPO
P/E Forward P/E PEG
P/S 0.13 P/B 0.71 P/C
EV/EBITDA 48.25 EV/Sales 0.36 Quick Ratio 0.64
Current Ratio 1.13 Debt/Eq 204.21 LT Debt/Eq
EPS (ttm) -0.09 EPS next Y EPS Growth -91.90%
Revenue Growth 10.30% Earnings ROA 0.12%
ROE -20.18% ROIC Gross Margin 18.06%
Oper. Margin 3.58% Profit Margin -2.33% Shs Outstand 16.55M
Shs Float 2.29M Short Float 0.04% Short Ratio 0.02
Short Interest 52W High 2.10 52W Low 0.44
Beta Avg Volume 165.86K Volume 16.65K
Target Price Recom None Prev Close $0.49
Price $0.49 Change 1.03%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$0.49
Latest analyst target
3. DCF / Fair value
$-1.05
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.49
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems51.85K21.81K102.83K2.21K
TaxRateForCalcs0.170.140.180.01
NormalizedEBITDA1.64M3.26M2.16M1.78M
TotalUnusualItems305.00K151.00K586.00K381.00K
TotalUnusualItemsExcludingGoodwill305.00K151.00K586.00K381.00K
NetIncomeFromContinuingOperationNetMinorityInterest8.00K1.63M1.53M1.37M
ReconciledDepreciation573.00K471.00K256.00K238.00K
ReconciledCostOfRevenue47.41M48.61M42.16M35.27M
EBITDA1.94M3.41M2.74M2.16M
EBIT1.37M2.94M2.49M1.92M
NetInterestIncome-1.24M-1.03M-632.00K-539.00K
InterestExpense1.25M1.03M634.00K540.00K
InterestIncome10.00K2.00K2.00K1.00K
NormalizedIncome-245.15K1.50M1.04M993.21K
NetIncomeFromContinuingAndDiscontinuedOperation8.00K1.63M1.53M1.37M
TotalExpenses57.48M56.92M49.76M41.96M
TotalOperatingIncomeAsReported784.00K2.53M1.61M1.10M
DilutedAverageShares12.50M12.50M12.50M
BasicAverageShares9.88M9.88M12.50M
DilutedEPS0.130.120.11
BasicEPS0.160.150.11
DilutedNIAvailtoComStockholders8.00K1.63M1.53M1.37M
NetIncomeCommonStockholders8.00K1.63M1.53M1.37M
NetIncome8.00K1.63M1.53M1.37M
MinorityInterests-79.00K-77.00K
NetIncomeIncludingNoncontrollingInterests8.00K1.63M1.53M1.37M
NetIncomeContinuousOperations8.00K1.63M1.53M1.37M
TaxProvision109.00K275.00K325.00K8.00K
PretaxIncome117.00K1.90M1.85M1.38M
OtherIncomeExpense507.00K333.00K795.00K660.00K
OtherNonOperatingIncomeExpenses202.00K182.00K209.00K279.00K
SpecialIncomeCharges-2.00K0.000.00
GainOnSaleOfPPE-2.00K0.000.00
GainOnSaleOfSecurity307.00K151.00K586.00K381.00K
NetNonOperatingInterestIncomeExpense-1.24M-1.03M-632.00K-539.00K
InterestExpenseNonOperating1.25M1.03M634.00K540.00K
InterestIncomeNonOperating10.00K2.00K2.00K1.00K
OperatingIncome852.00K2.60M1.69M1.26M
OperatingExpense10.07M8.31M7.59M6.70M
OtherOperatingExpenses-68.00K-74.00K-79.00K-154.00K
DepreciationAmortizationDepletionIncomeStatement573.00K470.00K256.00K239.00K
DepreciationAndAmortizationInIncomeStatement573.00K470.00K256.00K239.00K
DepreciationIncomeStatement573.00K470.00K256.00K239.00K
SellingGeneralAndAdministration9.57M7.91M7.67M6.61M
SellingAndMarketingExpense1.63M1.42M1.69M1.91M
GeneralAndAdministrativeExpense7.94M6.49M5.98M4.70M
OtherGandA3.12M1.90M5.98M1.09M
SalariesAndWages4.82M4.58M3.98M3.61M
GrossProfit10.93M10.91M9.28M7.95M
CostOfRevenue47.41M48.61M42.16M35.27M
TotalRevenue58.33M59.52M51.45M43.22M
OperatingRevenue58.33M59.52M51.45M43.22M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber9.88M9.88M9.88M9.88M
ShareIssued9.88M9.88M9.88M9.88M
NetDebt18.11M16.09M16.75M14.19M
TotalDebt20.40M17.72M18.11M15.66M
TangibleBookValue8.88M3.05M1.27M1.29M
InvestedCapital28.73M19.83M18.94M16.57M
WorkingCapital8.17M3.15M2.73M3.97M
NetTangibleAssets8.88M3.05M1.27M1.29M
CapitalLeaseObligations545.00K947.00K446.00K378.00K
CommonStockEquity8.88M3.05M1.27M1.29M
TotalCapitalization10.76M4.04M3.08M4.10M
TotalEquityGrossMinorityInterest8.88M3.05M1.35M1.29M
MinorityInterest0.000.0077.00K
StockholdersEquity8.88M3.05M1.27M1.29M
GainsLossesNotAffectingRetainedEarnings-127.00K-1.00K-72.00K-90.00K
OtherEquityAdjustments-127.00K-1.00K-72.00K-90.00K
RetainedEarnings1.81M1.81M100.00K130.00K
AdditionalPaidInCapital7.18M1.24M1.24M1.24M
CapitalStock5.00K5.00K5.00K9.00K
CommonStock5.00K5.00K5.00K9.00K
TotalLiabilitiesNetMinorityInterest30.72M36.01M38.98M33.12M
TotalNonCurrentLiabilitiesNetMinorityInterest2.10M1.55M2.09M3.12M
NonCurrentDeferredLiabilities38.00K39.00K38.00K38.00K
NonCurrentDeferredTaxesLiabilities38.00K39.00K38.00K38.00K
LongTermDebtAndCapitalLeaseObligation2.07M1.52M2.05M3.08M
LongTermCapitalLeaseObligation180.00K525.00K242.00K260.00K
LongTermDebt1.89M991.00K1.81M2.82M
CurrentLiabilities28.61M34.45M36.90M30.01M
OtherCurrentLiabilities-1.00K
CurrentDeferredLiabilities5.45M3.97M4.04M2.81M
CurrentDeferredRevenue5.45M3.97M4.04M2.81M
CurrentDebtAndCapitalLeaseObligation18.33M16.21M16.07M12.59M
CurrentCapitalLeaseObligation365.00K422.00K204.00K118.00K
CurrentDebt17.97M15.79M15.86M12.47M
OtherCurrentBorrowings17.97M15.79M15.86M12.47M
PayablesAndAccruedExpenses4.83M14.27M16.79M14.61M
Payables4.83M14.27M16.79M14.61M
DuetoRelatedPartiesCurrent57.00K9.31M11.46M12.05M
DividendsPayable8.08M10.43M
TotalTaxPayable145.00K314.00K337.00K61.00K
IncomeTaxPayable145.00K314.00K337.00K61.00K
AccountsPayable4.63M4.65M5.00M2.50M
TotalAssets39.59M39.06M40.33M34.41M
TotalNonCurrentAssets2.81M1.46M702.00K430.00K
NonCurrentAccountsReceivable1.12M
NetPPE1.69M1.46M702.00K430.00K
AccumulatedDepreciation-1.60M-1.13M-1.00M-883.00K
GrossPPE3.29M2.59M1.71M1.31M
Leases146.00K50.00K119.00K39.00K
ConstructionInProgress0.00455.00K0.00
OtherProperties60.00K45.00K44.00K10.00K
MachineryFurnitureEquipment2.05M983.00K1.21M1.10M
BuildingsAndImprovements1.03M1.05M333.00K164.00K
Properties0.000.000.000.00
CurrentAssets36.78M37.60M39.63M33.98M
RestrictedCash298.00K297.00K368.00K365.00K
PrepaidAssets3.39M2.31M
Inventory18.10M18.96M18.78M15.27M
FinishedGoods18.78M15.27M
RawMaterials18.10M18.96M18.78M15.27M
Receivables16.63M17.65M19.56M17.26M
OtherReceivables3.48M3.04M3.39M2.31M
DuefromRelatedPartiesCurrent0.0063.00K14.00K70.00K
AccountsReceivable13.15M14.55M16.16M14.88M
AllowanceForDoubtfulAccountsReceivable-1.67M-798.00K-530.00K-342.00K
GrossAccountsReceivable14.82M15.35M16.69M15.22M
CashCashEquivalentsAndShortTermInvestments1.75M690.00K919.00K1.09M
CashAndCashEquivalents1.75M690.00K919.00K1.09M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow1.89M1.16M-2.34M3.09M
RepaymentOfDebt-402.00K-272.00K-182.00K-4.37M
IssuanceOfDebt2.32M
IssuanceOfCapitalStock5.94M0.000.00
CapitalExpenditure-774.00K-455.00K-283.00K-32.00K
InterestPaidSupplementalData1.25M1.03M634.00K540.00K
IncomeTaxPaidSupplementalData337.00K375.00K57.00K30.00K
EndCashPosition2.04M987.00K1.29M1.46M
BeginningCashPosition987.00K1.29M1.46M2.72M
EffectOfExchangeRateChanges-268.00K88.00K30.00K-295.00K
ChangesInCash1.32M-388.00K-200.00K-968.00K
FinancingCashFlow-568.00K-1.55M2.14M-4.06M
CashFlowFromContinuingFinancingActivities-568.00K-1.55M2.14M-4.06M
NetOtherFinancingCharges-9.19M312.00K
CashDividendsPaid-2.35M0.00
NetCommonStockIssuance5.94M0.000.00
CommonStockIssuance5.94M0.000.00
NetIssuancePaymentsOfDebt2.68M-1.55M2.14M-4.37M
NetLongTermDebtIssuance2.68M-1.55M2.14M-4.37M
LongTermDebtPayments-402.00K-272.00K-182.00K-4.37M
LongTermDebtIssuance2.32M
InvestingCashFlow-774.00K-455.00K-283.00K-30.00K
CashFlowFromContinuingInvestingActivities-774.00K-455.00K-283.00K-30.00K
NetPPEPurchaseAndSale-774.00K-455.00K-283.00K-30.00K
SaleOfPPE0.002.00K
PurchaseOfPPE-774.00K-455.00K-283.00K-32.00K
OperatingCashFlow2.67M1.61M-2.06M3.12M
CashFlowFromContinuingOperatingActivities2.67M1.61M-2.06M3.12M
ChangeInWorkingCapital1.17M-968.00K-4.08M1.49M
ChangeInOtherWorkingCapital1.47M-2.61M1.22M43.00K
ChangeInOtherCurrentLiabilities0.00-35.00K
ChangeInPayablesAndAccruedExpense-18.00K-455.00K3.12M-169.00K
ChangeInPayable3.40M-133.00K
ChangeInAccountPayable3.12M-169.00K
ChangeInTaxPayable276.00K-22.00K
ChangeInIncomeTaxPayable276.00K-22.00K
ChangeInPrepaidAssets-441.00K428.00K-1.08M-201.00K
ChangeInInventory844.00K-5.00K-3.52M126.00K
ChangeInReceivables-691.00K1.67M-3.83M1.72M
ChangesInAccountReceivables-632.00K1.70M-4.10M1.72M
ProvisionandWriteOffofAssets918.00K482.00K244.00K23.00K
AssetImpairmentCharge0.001.00K
DepreciationAmortizationDepletion573.00K471.00K256.00K238.00K
DepreciationAndAmortization573.00K471.00K256.00K238.00K
Depreciation573.00K471.00K256.00K238.00K
OperatingGainsLosses4.00K
GainLossOnSaleOfPPE0.004.00K
NetIncomeFromContinuingOperations8.00K1.63M1.53M1.37M
SEC Filings

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