USP GROUP LIMITED
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Quick analysis of USP GROUP LIMITED (30 sec.)

1. Valuation of USP GROUP LIMITED (5 min.)

Current price per share

S$0.10

Book Value per Share

S$0.34

2. Growth of USP GROUP LIMITED (5 min.)

Is USP GROUP LIMITED growing?

	Current year	Previous year	Grow	Grow %
How rich?	$22.5m	$17.2m	$4.1m	19.3%

How much money is USP GROUP LIMITED making?

	Current year	Previous year	Grow	Grow %
Making money	$1.1m	-$233k	$1.3m	120.6%
Net Profit Margin	2.5%	-4.3%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of USP GROUP LIMITED (5 min.)

4. Comparing to competitors in the Conglomerates industry (5 min.)

Industry Rankings (Conglomerates)

Richest
#224 / 260

Most Revenue
#227 / 260

Most Profit
#174 / 260

Most Efficient
#151 / 260

Fundamentals of USP GROUP LIMITED

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

1.1. Profitability of USP GROUP LIMITED.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit USP GROUP LIMITED earns for each $1 of revenue.

Above 10% is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
A Net Profit Margin of -4.2% means that $-0.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of USP GROUP LIMITED:

The MRQ is -4.2%. The company is making a loss. -1
The TTM is 2.5%. The company is making a profit. +1

Trends

Current period		Compared to		+/-
MRQ	-4.2%	TTM	2.5%	-6.7%
TTM	2.5%	YOY	-4.3%	+6.8%
TTM	2.5%	5Y	-15.7%	+18.1%
5Y	-15.7%	10Y	-15.3%	-0.4%

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	-4.2%	3.6%	-7.8%
TTM	2.5%	4.0%	-1.5%
YOY	-4.3%	3.6%	-7.9%
5Y	-15.7%	3.5%	-19.2%
10Y	-15.3%	3.8%	-19.1%

Measures how much net profit USP GROUP LIMITED earns for each $1 of revenue.

Revenue is the amount of profit USP GROUP LIMITED generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit USP GROUP LIMITED earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
Can be used to compare companies within the Conglomerates industry.

You typically want a high profit margin. This means that for each $1 in sales, USP GROUP LIMITED makes more profit. This shows the investor how efficiently USP GROUP LIMITED is operating in general and compared to other companies in the same industry. USP GROUP LIMITED operates in the Conglomerates industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of USP GROUP LIMITED. If profit margins remain low (compared to the Conglomerates industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of USP GROUP LIMITED is -0.04. This means that USP GROUP LIMITED earned $-0.04 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Conglomerates industry is 3.6%.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare USP GROUP LIMITED with other companies in the same industry (Conglomerates).
Net profit margin should rise over the years.
Can be influenced when USP GROUP LIMITED sells assets (profit will increase while costs remain the same).
It won’t show what part of USP GROUP LIMITED is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of USP GROUP LIMITED

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ USP GROUP LIMITED = -418
Total revenue MRQ USP GROUP LIMITED = 9,922
$-418 / $9,922 = -0.04 or -4.2%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient USP GROUP LIMITED is using its assets to generate profit.

Above 5% is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
-0.6% Return on Assets means that USP GROUP LIMITED generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of USP GROUP LIMITED:

The MRQ is -0.6%. Using its assets, the company is very inefficient in making profit. -2
The TTM is 2.2%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	-0.6%	TTM	2.2%	-2.7%
TTM	2.2%	YOY	-0.4%	+2.6%
TTM	2.2%	5Y	-1.0%	+3.2%
5Y	-1.0%	10Y	-1.1%	+0.0%

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	-0.6%	0.8%	-1.4%
TTM	2.2%	1.0%	+1.2%
YOY	-0.4%	0.8%	-1.2%
5Y	-1.0%	0.8%	-1.8%
10Y	-1.1%	0.8%	-1.9%

Shows how efficient USP GROUP LIMITED is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively USP GROUP LIMITED is using its resources to generate profit. If the return on assets (-0.6%) from USP GROUP LIMITED are higher than the Conglomerates mean (0.8%) that means USP GROUP LIMITED is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of USP GROUP LIMITED is -0.6%. This means the company generated $-0.01 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Conglomerates industry is 0.8%.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example USP GROUP LIMITED

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from USP GROUP LIMITED = -418
Total assets MRQ (balance sheet) from USP GROUP LIMITED = 75,086
-418 / 75,086 = -0.01 or -0.6%

ROA is an important ratio as it will tell you how effectively USP GROUP LIMITED is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient USP GROUP LIMITED is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
-1.4% Return on Equity means USP GROUP LIMITED generated $-0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of USP GROUP LIMITED:

The MRQ is -1.4%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is 6.1%. Using its investors money, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	-1.4%	TTM	6.1%	-7.5%
TTM	6.1%	YOY	-1.6%	+7.7%
TTM	6.1%	5Y	-3.2%	+9.3%
5Y	-3.2%	10Y	-3.0%	-0.2%

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	-1.4%	2.3%	-3.7%
TTM	6.1%	3.1%	+3.0%
YOY	-1.6%	2.8%	-4.4%
5Y	-3.2%	2.3%	-5.5%
10Y	-3.0%	2.4%	-5.4%

Shows how efficient USP GROUP LIMITED is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Conglomerates industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of USP GROUP LIMITED is -1.4%. This means USP GROUP LIMITED generated $-0.01 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Conglomerates industry is 2.3%.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if USP GROUP LIMITED existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of USP GROUP LIMITED

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) USP GROUP LIMITED = -418
Shareholders equity (balance sheet) MRQ USP GROUP LIMITED = 30,415
-418 / 30,415 = -0.01 or -1.4%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of USP GROUP LIMITED.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient USP GROUP LIMITED is operating .

Measures how much profit USP GROUP LIMITED makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of USP GROUP LIMITED:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	4.8%	-4.8%
TTM	4.8%	YOY	-1.3%	+6.1%
TTM	4.8%	5Y	-11.7%	+16.5%
5Y	-11.7%	10Y	-10.5%	-1.3%

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	-	7.3%	-7.3%
TTM	4.8%	4.9%	-0.1%
YOY	-1.3%	6.2%	-7.5%
5Y	-11.7%	5.6%	-17.3%
10Y	-10.5%	5.0%	-15.5%

Measures how efficient USP GROUP LIMITED is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit USP GROUP LIMITED is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of USP GROUP LIMITED is 0.0%. This means that USP GROUP LIMITED earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Conglomerates industry is 7.3%.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of USP GROUP LIMITED

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ USP GROUP LIMITED = -214
Total revenue MRQ USP GROUP LIMITED = 9,922
$-214 / $9,922 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient USP GROUP LIMITED is keeping operating costs low.

Below 1 is considered healthy (always compare to Conglomerates industry mean).
An Operation Ratio of 1.64 means that the operating costs are $1.64 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of USP GROUP LIMITED:

The MRQ is 1.641. The company is inefficient in keeping operating costs low. -1
The TTM is 1.162. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	1.641	TTM	1.162	+0.480
TTM	1.162	YOY	1.632	-0.470
TTM	1.162	5Y	1.476	-0.315
5Y	1.476	10Y	1.517	-0.041

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	1.641	1.558	+0.083
TTM	1.162	1.517	-0.355
YOY	1.632	1.537	+0.095
5Y	1.476	1.550	-0.074
10Y	1.517	1.305	+0.212

Measures how efficient USP GROUP LIMITED is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of USP GROUP LIMITED is 164.1%. This means that USP GROUP LIMITED earned $1.64 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Conglomerates industry is 1.56.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example USP GROUP LIMITED

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(6,147 +10,136) \ 9,922 = 1.64

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of USP GROUP LIMITED.

1.3. Liquidity

1.3.1. Current Ratio

Measures if USP GROUP LIMITED is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
A Current Ratio of 0.99 means the company has $0.99 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of USP GROUP LIMITED:

The MRQ is 0.986. The company is just not able to pay all its short-term debts. -1
The TTM is 0.992. The company is just not able to pay all its short-term debts. -1

Trends

Current period		Compared to		+/-
MRQ	0.986	TTM	0.992	-0.005
TTM	0.992	YOY	0.914	+0.077
TTM	0.992	5Y	1.007	-0.016
5Y	1.007	10Y	1.141	-0.133

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	0.986	1.491	-0.505
TTM	0.992	1.494	-0.502
YOY	0.914	1.515	-0.601
5Y	1.007	1.532	-0.525
10Y	1.141	1.433	-0.292

Measures if USP GROUP LIMITED is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for USP GROUP LIMITED if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of USP GROUP LIMITED is 0.99. This means USP GROUP LIMITED has $0.99 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Conglomerates industry is 1.49.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example USP GROUP LIMITED

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
23,566 \ 23,900) = 0.99

The current ratio measures if USP GROUP LIMITED is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if USP GROUP LIMITED is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then USP GROUP LIMITED does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate USP GROUP LIMITED is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if USP GROUP LIMITED is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
A Quick Ratio of 0.32 means the company can pay off $0.32 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of USP GROUP LIMITED:

The MRQ is 0.322. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.299. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.322	TTM	0.299	+0.024
TTM	0.299	YOY	0.246	+0.053
TTM	0.299	5Y	0.298	+0.001
5Y	0.298	10Y	0.326	-0.028

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	0.322	0.618	-0.296
TTM	0.299	0.706	-0.407
YOY	0.246	0.753	-0.507
5Y	0.298	0.788	-0.490
10Y	0.326	0.716	-0.390

Measures if USP GROUP LIMITED is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast USP GROUP LIMITED can pay off its short term debts. This shows if USP GROUP LIMITED can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of USP GROUP LIMITED is 0.32. This means that USP GROUP LIMITED can pay off $0.32 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Conglomerates industry is 0.62.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example USP GROUP LIMITED

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio USP GROUP LIMITED: ( + +7,704) / 23,900 = 0.32

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of USP GROUP LIMITED.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of USP GROUP LIMITED assets are financed with debt.

Below 1 (100%) is considered healthy but always compare USP GROUP LIMITED to Conglomerates industry mean.
A Debt to Asset Ratio of 0.60 means that USP GROUP LIMITED assets are financed with 59.6% credit (debt) and the remaining percentage (100% - 59.6%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of USP GROUP LIMITED:

The MRQ is 0.596. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.610. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.596	TTM	0.610	-0.014
TTM	0.610	YOY	0.673	-0.064
TTM	0.610	5Y	0.624	-0.014
5Y	0.624	10Y	0.600	+0.024

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	0.596	0.556	+0.040
TTM	0.610	0.563	+0.047
YOY	0.673	0.571	+0.102
5Y	0.624	0.570	+0.054
10Y	0.600	0.562	+0.038

Measures how much % of USP GROUP LIMITED assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake USP GROUP LIMITED than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare USP GROUP LIMITED to Conglomerates industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of USP GROUP LIMITED is 0.60. This means means that USP GROUP LIMITED is financed with 59.6% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Conglomerates industry is 149.1%.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why USP GROUP LIMITED has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example USP GROUP LIMITED

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
44,739 \ 75,086 = 59.6% or 0.60.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if USP GROUP LIMITED is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare USP GROUP LIMITED to the Conglomerates industry mean.
A Debt to Equity ratio of 147.1% means that company has $1.47 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of USP GROUP LIMITED:

The MRQ is 1.471. The company is able to pay all its debts with equity. +1
The TTM is 1.569. The company is just able to pay all its debts with equity.

Trends

Current period		Compared to		+/-
MRQ	1.471	TTM	1.569	-0.098
TTM	1.569	YOY	2.064	-0.496
TTM	1.569	5Y	1.728	-0.159
5Y	1.728	10Y	1.598	+0.130

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	1.471	1.362	+0.109
TTM	1.569	1.411	+0.158
YOY	2.064	1.476	+0.588
5Y	1.728	1.485	+0.243
10Y	1.598	1.496	+0.102

Measures if USP GROUP LIMITED is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of USP GROUP LIMITED is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of USP GROUP LIMITED is 1.47. This means that USP GROUP LIMITED can pay off $1.47 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Conglomerates industry is 1.36.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example USP GROUP LIMITED

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
44,739 \ 30,415 = 1.47 or 147.1%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of USP GROUP LIMITED

2. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings USP GROUP LIMITED generates.

Above 15 is considered overpriced but always compare USP GROUP LIMITED to the Conglomerates industry mean.
A PE ratio of -25.27 means the investor is paying $-25.27 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of USP GROUP LIMITED:

The EOD is -20.736. Company is losing money. -2
The MRQ is -25.272. Company is losing money. -2
The TTM is -0.877. Company is losing money. -2

Trends

Current period		Compared to		+/-
EOD	-20.736	MRQ	-25.272	+4.536
MRQ	-25.272	TTM	-0.877	-24.395
TTM	-0.877	YOY	8.192	-9.068
TTM	-0.877	5Y	4.241	-5.117
5Y	4.241	10Y	3.073	+1.167

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
EOD	-20.736	12.794	-33.530
MRQ	-25.272	12.994	-38.266
TTM	-0.877	12.073	-12.950
YOY	8.192	16.077	-7.885
5Y	4.241	14.298	-10.057
10Y	3.073	23.092	-20.019

Measures how much money you pay for each share for every $1 in earnings USP GROUP LIMITED generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare USP GROUP LIMITED to the Conglomerates industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of USP GROUP LIMITED is -25.27. This means the investor is paying $-25.27 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Conglomerates industry is 12.99.
What is the trend?
The trend is important because it shows you how USP GROUP LIMITED is performing over time. The most recent quarter might be important if USP GROUP LIMITED released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for USP GROUP LIMITED up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example USP GROUP LIMITED

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
\ 90,287 = EPS
PE ratio MRQ = -25.27

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of USP GROUP LIMITED.

Lower is better.
A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of USP GROUP LIMITED:

The MRQ is 56.348. Seems overpriced? -1
The TTM is 44.438. Seems overpriced? -1

Trends

Current period		Compared to		+/-
MRQ	56.348	TTM	44.438	+11.910
TTM	44.438	YOY	20.743	+23.695
TTM	44.438	5Y	26.018	+18.420
5Y	26.018	10Y	21.870	+4.148

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
MRQ	56.348	17.078	+39.270
TTM	44.438	26.880	+17.558
YOY	20.743	32.615	-11.872
5Y	26.018	126.020	-100.002
10Y	21.870	220.838	-198.968

PEG Ratio	Meaning
0.5	You can buy the stock cheap based on future growth
1	You pay a fair price based on future growth
2	The stock is overpriced based on future growth

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of USP GROUP LIMITED is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Conglomerates industry mean).
A PB ratio of 0.35 means the investor is paying $0.35 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of USP GROUP LIMITED:

The EOD is 0.286. Very good. +2
The MRQ is 0.348. Very good. +2
The TTM is 0.244. Very good. +2

Trends

Current period		Compared to		+/-
EOD	0.286	MRQ	0.348	-0.062
MRQ	0.348	TTM	0.244	+0.104
TTM	0.244	YOY	0.244	0.000
TTM	0.244	5Y	0.216	+0.029
5Y	0.216	10Y	0.206	+0.010

Compared to industry (Conglomerates)

Period	Company	Industry (mean)	+/-
EOD	0.286	0.967	-0.681
MRQ	0.348	0.999	-0.651
TTM	0.244	1.035	-0.791
YOY	0.244	1.108	-0.864
5Y	0.216	1.180	-0.964
10Y	0.206	1.304	-1.098

2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of USP GROUP LIMITED compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.005	0.017	-131%	-0.007	+26%	-0.013	+136%	0.013	-140%
Book Value Growth	-	-	0.984	1.063	-7%	0.980	+0%	0.979	+0%	0.981	+0%
Book Value Per Share	-	-	0.336	0.319	+5%	0.248	+36%	0.354	-5%	0.401	-16%
Book Value Per Share Growth	-	-	0.984	1.063	-7%	0.987	0%	0.982	+0%	0.983	+0%
Current Ratio	-	-	0.986	0.992	-1%	0.914	+8%	1.007	-2%	1.141	-14%
Debt To Asset Ratio	-	-	0.596	0.610	-2%	0.673	-11%	0.624	-4%	0.600	-1%
Debt To Equity Ratio	-	-	1.471	1.569	-6%	2.064	-29%	1.728	-15%	1.598	-8%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	-0.005	0.017	-127%	-0.003	-35%	-0.008	+67%	-0.009	+91%
Eps Growth	-	-	-0.448	5.078	-109%	0.527	-185%	-0.740	+65%	-0.376	-16%
Free Cash Flow Per Share	-	-	0.006	0.004	+55%	-0.009	+249%	0.016	-63%	0.008	-23%
Free Cash Flow Per Share Growth	-	-	0.125	8.159	-98%	0.858	-85%	6.276	-98%	4.289	-97%
Free Cash Flow To Equity Per Share	-	-	0.006	-0.002	+126%	-0.010	+273%	-0.004	+172%	-0.005	+186%
Free Cash Flow To Equity Per Share Growth	-	-	0.245	0.768	-68%	1.976	-88%	-0.347	+242%	-39.854	+16385%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	1.272	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-3.102	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	0.052	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.040	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	0.214	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-0.356	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	0.445	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-0.927	-	-	-	-	-	-	-	-
Net Profit Margin	-	-	-0.042	0.025	-272%	-0.043	+3%	-0.157	+272%	-0.153	+262%
Operating Margin	-	-	-	0.048	-100%	-0.013	0%	-0.117	0%	-0.105	0%
Operating Ratio	-	-	1.641	1.162	+41%	1.632	+1%	1.476	+11%	1.517	+8%
Pb Ratio	0.286	-22%	0.348	0.244	+43%	0.244	+42%	0.216	+61%	0.206	+69%
Pe Ratio	-20.736	+18%	-25.272	-0.877	-97%	8.192	-409%	4.241	-696%	3.073	-922%
Peg Ratio	-	-	56.348	44.438	+27%	20.743	+172%	26.018	+117%	21.870	+158%
Price Per Share	0.096	-22%	0.117	0.080	+47%	0.061	+93%	0.072	+62%	0.078	+51%
Price To Total Gains Ratio	-17.945	+18%	-21.871	-3.845	-82%	-0.337	-98%	-1.458	-93%	-1.607	-93%
Profit Growth	-	-	-0.448	5.078	-109%	0.510	-188%	-2.972	+563%	-2.161	+382%
Quick Ratio	-	-	0.322	0.299	+8%	0.246	+31%	0.298	+8%	0.326	-1%
Return On Assets	-	-	-0.006	0.022	-125%	-0.004	-22%	-0.010	+87%	-0.011	+90%
Return On Equity	-	-	-0.014	0.061	-123%	-0.016	+14%	-0.032	+133%	-0.030	+120%
Revenue Growth	-	-	0.938	0.685	+37%	1.000	-6%	1.088	-14%	1.080	-13%
Total Gains Per Share	-	-	-0.005	0.017	-131%	-0.007	+26%	-0.013	+136%	0.013	-140%
Total Gains Per Share Growth	-	-	-0.491	-0.106	-78%	-9.012	+1734%	-2.761	+462%	-2.013	+310%
Usd Book Value	-	-	22526578.100	21374899.650	+5%	17254021.200	+31%	23956953.085	-6%	27125393.828	-17%
Usd Book Value Change Per Share	-	-	-0.004	0.013	-131%	-0.005	+26%	-0.009	+136%	0.010	-140%
Usd Book Value Per Share	-	-	0.249	0.237	+5%	0.184	+36%	0.263	-5%	0.298	-16%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	-0.003	0.013	-127%	-0.002	-35%	-0.006	+67%	-0.007	+91%
Usd Free Cash Flow	-	-	396388.200	255536.775	+55%	-654151.875	+265%	1057925.960	-63%	504348.312	-21%
Usd Free Cash Flow Per Share	-	-	0.004	0.003	+55%	-0.007	+249%	0.012	-63%	0.006	-23%
Usd Free Cash Flow To Equity Per Share	-	-	0.004	-0.001	+126%	-0.008	+273%	-0.003	+172%	-0.004	+186%
Usd Price Per Share	0.071	-22%	0.087	0.059	+47%	0.045	+93%	0.054	+62%	0.058	+51%
Usd Profit	-	-	-310281.400	1134048.825	-127%	-233082.200	-25%	-748572.435	+141%	-777009.948	+150%
Usd Revenue	-	-	7365100.600	5559455.850	+32%	7362688.125	+0%	8021071.110	-8%	7842607.344	-6%
Usd Total Gains Per Share	-	-	-0.004	0.013	-131%	-0.005	+26%	-0.009	+136%	0.010	-140%
	EOD	+3 -2	MRQ	TTM	+15 -24	YOY	+23 -15	5Y	+23 -15	10Y	+17 -21

3.2. Fundamental Score

Let's check the fundamental score of USP GROUP LIMITED based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-20.736
Price to Book Ratio (EOD)	Between	0-1	0.286
Net Profit Margin (MRQ)	Greater than	0	-0.042
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	0.322
Current Ratio (MRQ)	Greater than	1	0.986
Debt to Asset Ratio (MRQ)	Less than	1	0.596
Debt to Equity Ratio (MRQ)	Less than	1	1.471
Return on Equity (MRQ)	Greater than	0.15	-0.014
Return on Assets (MRQ)	Greater than	0.05	-0.006
Total			2/10 (20.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

3.3. Technical Score

Let's check the technical score of USP GROUP LIMITED based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	37.844
Ma 20	Greater than	Ma 50	0.125
Ma 50	Greater than	Ma 100	0.112
Ma 100	Greater than	Ma 200	0.101
Open	Greater than	Close	0.096
Total			3/5 (60.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in SGD. All numbers in thousands.

Summary

Total Assets	75,086
Total Liabilities	44,739
Total Stockholder Equity	30,415

	As reported
Total Liabilities	44,739
Total Stockholder Equity	+ 30,415
Total Assets	= 75,086

Assets

Total Assets	75,086
Total Current Assets	23,566
Long-term Assets	23,566

Total Current Assets

Total Current Assets (as reported)	23,566
Cash And Cash Equivalents	4,112
Net Receivables	7,704
Inventory	11,750
Total Current Assets (calculated)	23,566
+/-	0

Long-term Assets

Long-term Assets (as reported)	51,520
Long-term Assets (calculated)	0
+/-	51,520

Liabilities & Shareholders' Equity

Total Current Liabilities	23,900
Long-term Liabilities	20,839
Total Stockholder Equity	30,415

Total Current Liabilities

Total Current Liabilities (as reported)	23,900
Accounts payable	7,556
Total Current Liabilities (calculated)	7,556
+/-	16,344

Long-term Liabilities

Long-term Liabilities (as reported)	20,839
Long-term Liabilities (calculated)	0
+/-	20,839

Total Stockholder Equity

Total Stockholder Equity (as reported)	30,415
Total Stockholder Equity (calculated)	0
+/-	30,415

Other

Capital Stock	51,172
Common Stock Shares Outstanding	90,287
Net Invested Capital	30,415
Net Working Capital	-334

Balance Sheet

Currency in SGD. All numbers in thousands.

Trend

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

> Total Assets

106,964
105,458
105,890
110,296
112,638
111,194
108,162
106,828
108,448
90,879
90,937
88,095
82,063
80,164
80,231
80,342
74,222
71,945
71,600
72,032
69,003
0
74,958
75,301
75,086

75,086

75,301

74,958

69,003

72,032

71,600

71,945

74,222

80,342

80,231

80,164

82,063

88,095

90,937

90,879

108,448

106,828

108,162

111,194

112,638

110,296

105,890

105,458

106,964

> Total Current Assets

29,476
27,372
30,033
35,109
35,686
34,896
32,491
31,813
34,295
39,576
39,770
29,857
24,101
32,326
34,517
33,631
26,975
19,974
20,104
21,174
18,659
22,047
22,831
23,371
23,566

23,566

23,371

22,831

22,047

18,659

21,174

20,104

19,974

26,975

33,631

34,517

32,326

24,101

29,857

39,770

39,576

34,295

31,813

32,491

34,896

35,686

35,109

30,033

27,372

29,476

Cash And Cash Equivalents

5,230
3,125
2,963
2,972
2,883
3,103
3,090
783
3,346
3,258
3,609
3,545
3,992
3,847
4,266
4,524
5,261
2,120
4,865
5,002
4,192
0
5,648
3,951
4,112

4,112

3,951

5,648

4,192

5,002

4,865

2,120

5,261

4,524

4,266

3,847

3,992

3,545

3,609

3,258

3,346

783

3,090

3,103

2,883

2,972

2,963

3,125

5,230

Short-term Investments

1,403
0
1,623
1,049
1,243
1,179
1,178
724
919
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

919

724

1,178

1,179

1,243

1,049

1,623

1,403

Net Receivables

10,492
3,940
10,839
4,549
4,320
5,470
6,363
8,340
6,984
7,875
8,687
7,668
6,526
4,703
6,897
7,342
5,743
3,543
5,828
6,506
5,408
5,860
6,635
7,496
7,704

7,704

7,496

6,635

5,860

5,408

6,506

5,828

3,543

5,743

7,342

6,897

4,703

6,526

7,668

8,687

7,875

6,984

8,340

6,363

5,470

4,320

4,549

10,839

3,940

10,492

Inventory

12,351
12,999
13,937
18,385
19,162
18,345
16,362
14,103
15,804
18,392
17,478
17,260
12,429
11,336
12,178
10,471
8,888
9,777
9,411
9,666
9,059
10,061
10,548
11,924
11,750

11,750

11,924

10,548

10,061

9,059

9,666

9,411

9,777

8,888

10,471

12,178

11,336

12,429

17,260

17,478

18,392

15,804

14,103

16,362

18,345

19,162

18,385

13,937

12,999

12,351

> Long-term Assets

0
0
0
0
0
0
0
0
0
50,369
51,167
58,238
57,962
46,105
45,714
46,711
47,247
51,971
51,496
50,858
50,344
0
52,127
51,930
51,520

51,520

51,930

52,127

50,344

50,858

51,496

51,971

47,247

46,711

45,714

46,105

57,962

58,238

51,167

50,369

Property Plant Equipment

39,568
38,760
38,319
37,906
39,748
38,793
38,176
37,533
36,690
18,533
18,427
25,223
24,750
18,022
17,394
18,403
19,036
25,144
24,667
24,238
23,729
22,806
22,782
22,570
0

22,570

22,782

22,806

23,729

24,238

24,667

25,144

19,036

18,403

17,394

18,022

24,750

25,223

18,427

18,533

36,690

37,533

38,176

38,793

39,748

37,906

38,319

38,760

39,568

Goodwill

0
459
0
0
0
459
0
0
0
0
0
0
0
0
0
0
0
459
0
0
0
0
0
0
0

459

Long Term Investments

194
194
194
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

194

Intangible Assets

1,990
1,681
1,608
1,987
1,910
1,375
1,817
1,800
1,784
1,144
1,101
1,517
1,475
1
1
1
459
0
0
0
0
0
0
0
0

459

1,475

1,517

1,101

1,144

1,784

1,800

1,817

1,375

1,910

1,987

1,608

1,681

1,990

Long-term Assets Other

0
0
0
0
0
0
0
0
0
50,369
51,167
58,238
57,962
0
0
0
0
0
0
0
0
0
0
0
0

57,962

58,238

51,167

50,369

> Total Liabilities

51,731
51,851
52,450
57,849
59,285
57,334
54,191
54,055
58,966
59,432
59,834
57,754
51,698
55,198
54,557
53,604
47,621
49,848
48,798
48,113
44,845
0
45,111
44,471
44,739

44,739

44,471

45,111

44,845

48,113

48,798

49,848

47,621

53,604

54,557

55,198

51,698

57,754

59,834

59,432

58,966

54,055

54,191

57,334

59,285

57,849

52,450

51,851

51,731

> Total Current Liabilities

16,043
16,470
17,416
22,484
22,596
23,822
20,813
20,489
22,577
30,646
29,716
53,064
46,347
50,335
49,765
49,518
38,524
24,024
22,799
22,554
18,556
22,312
23,310
23,084
23,900

23,900

23,084

23,310

22,312

18,556

22,554

22,799

24,024

38,524

49,518

49,765

50,335

46,347

53,064

29,716

30,646

22,577

20,489

20,813

23,822

22,596

22,484

17,416

16,470

16,043

Short-term Debt

40,297
43,291
43,927
17,142
7,891
6,590
14,533
12,996
14,865
32,408
18,842
45,259
39,666
0
0
0
0
0
0
0
0
0
0
0
0

39,666

45,259

18,842

32,408

14,865

12,996

14,533

6,590

7,891

17,142

43,927

43,291

40,297

Short Long Term Debt

40,297
43,291
43,927
17,142
7,891
6,590
14,533
12,996
14,865
32,408
18,842
45,259
39,666
39,902
0
0
0
16,680
0
0
0
0
0
15,678
0

15,678

16,680

39,902

39,666

45,259

18,842

32,408

14,865

12,996

14,533

6,590

7,891

17,142

43,927

43,291

40,297

Accounts payable

3,996
2,334
2,219
2,418
3,798
3,463
2,009
2,765
3,413
4,451
7,525
6,884
5,759
1,907
3,290
5,028
2,679
1,100
6,212
6,649
4,416
5,741
5,540
7,300
7,556

7,556

7,300

5,540

5,741

4,416

6,649

6,212

1,100

2,679

5,028

3,290

1,907

5,759

6,884

7,525

4,451

3,413

2,765

2,009

3,463

3,798

2,418

2,219

2,334

3,996

Other Current Liabilities

3,924
2,131
2,852
2,772
3,132
3,752
4,151
4,608
4,199
992
3,266
837
837
7,767
6,521
5,548
789
4,067
95
107
107
257
579
106
0

106

579

257

107

4,067

789

5,548

6,521

7,767

837

3,266

992

4,199

4,608

4,151

3,752

3,132

2,772

2,852

2,131

3,924

> Long-term Liabilities

0
0
0
0
0
0
0
0
0
4,277
30,030
4,594
5,241
4,503
4,811
4,084
9,097
25,824
25,999
25,559
26,289
0
21,801
21,387
20,839

20,839

21,387

21,801

26,289

25,559

25,999

25,824

9,097

4,084

4,811

4,503

5,241

4,594

30,030

4,277

Long term Debt Total

0
0
0
0
0
0
0
0
30,680
27,293
27,907
2,733
2,665
3,418
3,369
2,620
2,126
0
0
0
0
0
0
0
0

2,126

2,620

3,369

3,418

2,665

2,733

27,907

27,293

30,680

Capital Lease Obligations

0
0
0
0
0
0
0
0
0
216
111
107
170
1,436
0
0
0
5,103
0
0
0
0
0
0
0

5,103

1,436

170

107

111

216

> Total Stockholder Equity

52,368
50,731
51,082
49,587
50,326
50,766
50,887
49,749
49,482
31,447
31,103
30,341
30,365
24,966
25,674
26,738
26,517
22,109
22,824
23,928
24,183
0
29,899
30,881
30,415

30,415

30,881

29,899

24,183

23,928

22,824

22,109

26,517

26,738

25,674

24,966

30,365

30,341

31,103

31,447

49,482

49,749

50,887

50,766

50,326

49,587

51,082

50,731

52,368

Common Stock

50,498
50,713
52,029
50,913
50,913
50,913
50,913
50,913
50,913
50,913
50,913
51,172
51,172
51,172
51,172
51,172
51,172
51,172
51,172
51,172
51,172
51,172
51,172
51,172
0

51,172

50,913

52,029

50,713

50,498

Retained Earnings

-25,400

-24,982

-25,933

-26,406

-31,524

-31,780

-32,943

-33,665

-30,266

-30,329

-30,524

-32,415

-25,838

-20,831

-19,810

-19,466

-1,431

-2,891

-1,884

-2,033

-2,432

-3,238

-3,799

-2,080

-2,172

Capital Surplus

Treasury Stock

-99

Other Stockholders Equity

4,042
2,098
2,852
1,912
1,874
1,985
1,858
1,826
1,939
4,716
4,907
4,699
5,130
5,432
5,125
5,994
5,710
5,205
4,694
4,635
4,634
4,797
4,759
4,790
0

4,790

4,759

4,797

4,634

4,635

4,694

5,205

5,710

5,994

5,125

5,432

5,130

4,699

4,907

4,716

1,939

1,826

1,858

1,985

1,874

1,912

2,852

2,098

4,042

Balance Sheet

Currency in SGD. All numbers in thousands.

	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-11-30
Accounts Payable	5,741	1,100	1,907	3,474	3,463	2,334	4,070	367	293
Capital Lease Obligations	-	5,103	1,436	216	373	533	-	-	-
Capital Stock	-	51,172	51,172	50,913	-	-	-	-	-
Cash	-	2,120	3,847	3,258	3,103	3,125	6,322	16,235	19,076
Cash And Short Term Investments	-	-	4,754	3,258	4,281	4,715	10,799	24,986	-
Common Stock	51,172	51,172	51,172	50,913	50,913	50,713	48,859	46,328	35,569
Common Stock Shares Outstanding	-	97,687	97,687	90,287	90,287	89,896	-	-	-
Good Will	-	459	0	0	459	459	459	-	2,067
Intangible Assets	-	-	1	1,144	1,834	2,140	2,332	-	-
Inventory	10,061	9,777	11,336	18,285	18,205	12,999	14,671	12,023	13
Long Term Debt	-	19,146	3,418	27,152	30,818	30,940	33,214	2,464	3,924
Long Term Debt Total	-	-	3,418	27,293	31,064	31,286	33,741	2,464	-
Long Term Investments	-	-	-	-	-	194	194	-	-
Net Debt	-	33,706	40,799	45,763	46,367	-	-	-	-
Net Invested Capital	-	57,935	65,463	76,883	98,064	-	-	-	-
Net Receivables	5,860	3,543	4,703	7,815	5,470	3,940	5,502	699	655
Net Tangible Assets	29,004	21,650	23,585	29,294	48,792	48,591	53,689	47,487	28,924
Net Working Capital	-	-4,050	-18,009	-15,495	11,074	-	-	-	-
Non Current Assets Total	-	51,971	46,105	50,369	76,298	78,086	-	-	-
Non Current Liabilities Total	-	25,824	4,503	4,277	33,512	35,381	-	-	-
Non Currrent Assets Other	-	-	-	50,369	76,298	78,086	-	-	-
Other Assets	28,873	26,368	28,082	31,626	35,671	36,992	19	-	-
Other Current Assets	-	840	11,667	9,036	5,508	4,983	6,424	68	6,409
Other Current Liab	257	4,067	7,767	6,604	3,752	2,131	7,167	1,744	5,208
Other Liab	700	2,052	1,288	1,480	2,448	4,095	3,768	-	6
Other Stockholder Equity	4,797	5,205	5,432	5,970	1,985	2,098	3,786	2,414	2,348
Property Plant Equipment	22,806	25,144	18,022	17,599	38,793	38,760	41,217	17,590	11,635
Retained Earnings	-26,406	-33,665	-32,415	-25,842	-2,173	-2,080	7,162	2,179	-6,926
Short Long Term Debt	-	16,680	39,902	32,408	16,480	7,049	6,006	5,144	3,924
Short Term Debt	-	-	-	32,408	9,890	8,101	5,113	5,144	3,924
Short Term Investments	-	-	-	-	1,178	1,590	3,655	68	827
Total Assets	-	71,945	80,164	90,879	111,054	105,458	116,920	55,475	40,682
Total Current Assets	22,047	19,974	32,326	39,289	34,756	27,372	37,396	37,885	26,980
Total Current Liabilities	22,312	24,024	50,335	54,788	23,822	16,470	20,286	5,026	5,501
Total Liab	-	49,848	55,198	59,432	60,428	54,727	60,899	7,989	9,431
Total Stockholder Equity	-	22,109	24,966	31,447	50,626	50,731	56,021	47,486	30,991
Treasury Stock	-	-	-99	-99	-99	-	-	-1,021	-

	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31
Accounts Payable	7,556	7,300	5,540	5,741	4,416	6,649	6,212	1,100	2,679	5,028	3,290	1,907	5,759	6,884	7,525	4,451	3,413	2,765	2,009	3,463	3,798	2,418	2,219	2,334	3,996
Capital Lease Obligations	-	-	-	-	-	-	-	5,103	-	-	-	1,436	170	107	111	216	-	-	-	-	-	-	-	-	-
Capital Stock	51,172	51,172	51,172	-	51,172	51,172	51,172	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	4,112	3,951	5,648	-	4,192	5,002	4,865	2,120	5,261	4,524	4,266	3,847	3,992	3,545	3,609	3,258	3,346	783	3,090	3,103	2,883	2,972	2,963	3,125	5,230
Cash And Short Term Investments	-	-	-	-	-	-	-	-	5,261	4,524	4,266	4,754	3,992	3,545	3,609	3,258	4,265	-	-	-	-	-	-	-	-
Common Stock	-	51,172	51,172	51,172	51,172	51,172	51,172	51,172	51,172	51,172	51,172	51,172	51,172	51,172	50,913	50,913	50,913	50,913	50,913	50,913	50,913	50,913	52,029	50,713	50,498
Common Stock Shares Outstanding	90,287	90,287	90,287	-	90,287	97,687	90,287	97,687	90,287	90,287	90,287	97,687	90,287	91,667	89,859	83,669	90,476	89,911	87,647	90,682	90,562	90,909	91,389	89,938	82,349
Good Will	-	-	-	-	-	-	-	459	-	-	-	0	-	-	-	0	-	-	-	459	-	-	-	459	-
Intangible Assets	-	-	-	-	-	-	-	-	459	1	1	1	1,475	1,517	1,101	1,144	1,784	1,800	1,817	1,375	1,910	1,987	1,608	1,681	1,990
Inventory	11,750	11,924	10,548	10,061	9,059	9,666	9,411	9,777	8,888	10,471	12,178	11,336	12,429	17,260	17,478	18,392	15,804	14,103	16,362	18,345	19,162	18,385	13,937	12,999	12,351
Long Term Debt	-	20,891	-	-	-	-	-	19,146	2,126	2,620	3,369	3,418	2,580	2,710	27,879	27,152	30,492	30,948	30,671	30,818	32,087	30,724	31,193	30,940	31,852
Long Term Debt Total	-	-	-	-	-	-	-	-	2,126	2,620	3,369	3,418	2,665	2,733	27,907	27,293	30,680	-	-	-	-	-	-	-	-
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194	194	194
Net Debt	-	32,618	-	-	-	-	-	33,706	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Invested Capital	30,415	67,450	29,899	-	24,183	23,928	22,824	57,935	26,517	26,738	25,674	65,463	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	7,704	7,496	6,635	5,860	5,408	6,506	5,828	3,543	5,743	7,342	6,897	4,703	6,526	7,668	8,687	7,875	6,984	8,340	6,363	5,470	4,320	4,549	10,839	3,940	10,492
Net Tangible Assets	-	30,397	29,427	29,004	23,724	23,468	22,364	21,650	26,058	26,737	25,673	23,585	28,890	28,824	30,002	29,369	47,698	47,949	49,070	48,932	48,416	47,600	49,474	48,591	50,378
Net Working Capital	-334	287	-479	-	103	-1,380	-2,695	-4,050	-11,549	-15,887	-15,248	-18,009	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	51,520	51,930	52,127	-	50,344	50,858	51,496	51,971	47,247	46,711	45,714	46,105	57,962	58,238	51,167	50,369	-	-	-	-	-	-	-	-	-
Non Current Liabilities Other	-	-	-	-	-	-5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	20,839	21,387	21,801	-	26,289	25,559	25,999	25,824	9,097	4,084	4,811	4,503	5,241	4,594	30,030	4,277	-	-	-	-	-	-	-	-	-
Non Currrent Assets Other	-	-	-	-	-	-	-	-	-	-	-	-	57,962	58,238	51,167	50,369	-	-	-	-	-	-	-	-	-
Other Assets	-	28,876	28,873	28,873	26,156	26,160	26,369	26,368	27,752	28,307	28,319	28,082	31,737	559	39	23	550	35,682	35,678	35,671	35,294	35,294	35,736	36,992	35,736
Other Current Assets	-	2,750	2,758	-	-	-	-	840	7,083	11,294	11,176	11,667	1,154	1,384	9,996	10,051	7,242	7,863	5,498	5,508	8,078	8,154	-	4,983	-
Other Current Liab	-	106	579	257	107	107	95	4,067	789	5,548	6,521	7,767	837	837	3,266	992	4,199	4,608	4,151	3,752	3,132	2,772	2,852	2,131	3,924
Other Liab	-	496	562	700	2,386	2,324	2,323	2,052	6,971	1,464	1,442	1,288	2,576	1,861	2,123	1,409	2,742	2,425	2,474	2,448	4,310	4,284	3,452	4,095	3,514
Other Stockholder Equity	-	4,790	4,759	4,797	4,634	4,635	4,694	5,205	5,710	5,994	5,125	5,432	5,130	4,699	4,907	4,716	1,939	1,826	1,858	1,985	1,874	1,912	2,852	2,098	4,042
Property Plant Equipment	-	22,570	22,782	22,806	23,729	24,238	24,667	25,144	19,036	18,403	17,394	18,022	24,750	25,223	18,427	18,533	36,690	37,533	38,176	38,793	39,748	37,906	38,319	38,760	39,568
Retained Earnings	-25,400	-24,982	-25,933	-26,406	-31,524	-31,780	-32,943	-33,665	-30,266	-30,329	-30,524	-32,415	-25,838	-20,831	-19,810	-19,466	-1,431	-2,891	-1,884	-2,033	-2,432	-3,238	-3,799	-2,080	-2,172
Short Long Term Debt	-	15,678	-	-	-	-	-	16,680	-	-	-	39,902	39,666	45,259	18,842	32,408	14,865	12,996	14,533	6,590	7,891	17,142	43,927	43,291	40,297
Short Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	39,666	45,259	18,842	32,408	14,865	12,996	14,533	6,590	7,891	17,142	43,927	43,291	40,297
Short Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	919	724	1,178	1,179	1,243	1,049	1,623	-	1,403
Total Assets	75,086	75,301	74,958	-	69,003	72,032	71,600	71,945	74,222	80,342	80,231	80,164	82,063	88,095	90,937	90,879	108,448	106,828	108,162	111,194	112,638	110,296	105,890	105,458	106,964
Total Current Assets	23,566	23,371	22,831	22,047	18,659	21,174	20,104	19,974	26,975	33,631	34,517	32,326	24,101	29,857	39,770	39,576	34,295	31,813	32,491	34,896	35,686	35,109	30,033	27,372	29,476
Total Current Liabilities	23,900	23,084	23,310	22,312	18,556	22,554	22,799	24,024	38,524	49,518	49,765	50,335	46,347	53,064	29,716	30,646	22,577	20,489	20,813	23,822	22,596	22,484	17,416	16,470	16,043
Total Liab	44,739	44,471	45,111	-	44,845	48,113	48,798	49,848	47,621	53,604	54,557	55,198	51,698	57,754	59,834	59,432	58,966	54,055	54,191	57,334	59,285	57,849	52,450	51,851	51,731
Total Stockholder Equity	30,415	30,881	29,899	-	24,183	23,928	22,824	22,109	26,517	26,738	25,674	24,966	30,365	30,341	31,103	31,447	49,482	49,749	50,887	50,766	50,326	49,587	51,082	50,731	52,368
Treasury Stock	-	-	-	-	-	-	-	-	-99	-99	-99	-99	-	-	-	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in SGD. All numbers in thousands.

	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-11-30
Begin Period Cash Flow	1,345	114	-1,008	-268	1,015	4,212	-	-	-
Capital Expenditures	141	268	371	894	3,220	962	5,242	5,777	6,018
Change In Cash	2,031	1,198	1,155	-740	-1,283	-3,197	-12,023	-25,013	-8,535
Change In Working Capital	-	1,714	6,482	-1,264	-4,699	-	-	-	-
Change To Account Receivables	214	164	1,753	-1,573	-1,515	2,024	-634	-3,182	499
Change To Inventory	-303	1,307	6,827	-1,153	-5,208	1,271	-402	-5,630	1,453
Change To Liabilities	-2,430	229	-2,098	1,527	3,134	-6,300	-1,914	526	-42
Change To Netincome	-3,000	2,634	6,590	23,413	856	3,657	-6,701	-4,100	1,381
Change To Operating Activities	55	14	14	14	-970	-970	-1,318	-1,318	-1,737
Depreciation	2,392	2,307	2,549	2,652	2,801	2,395	1,224	334	114
End Period Cash Flow	-	1,345	114	-1,008	-268	1,015	4,212	-	-
Free Cash Flow	-	5,137	8,677	1,043	-5,476	-	-	-	-
Investments	-	1,037	1,037	1,037	1,691	829	-1,934	-2,106	-676
Net Borrowings	-1,857	-6,813	-5,014	38	4,193	501	31,071	1,838	2,858
Net Income	7,259	-1,250	-6,573	-23,056	-93	-5,456	3,636	3,947	-3,955
Other Cashflows From Financing Activities	-984	-1,368	-2,858	-2,393	-4,440	-469	862	862	862
Other Cashflows From Investing Activities	40	55	65	88	820	-1,067	-29,152	-10,621	-1,356
Other Non Cash Items	-	1,660	2,656	2,096	1,548	-	-	-	-
Sale Purchase Of Stock	-	-	-	0	-99	0	-3,495	2,594	2,775
Stock Based Compensation	-	-	-	0	-	-	-	-	-
Total Cash From Financing Activities	-2,841	-8,181	-7,872	-2,355	-346	32	28,438	5,044	5,633
Total Cash From Operating Activities	4,187	5,405	9,048	1,810	-995	-2,409	-6,067	-13,659	-2,287
Total Cashflows From Investing Activities	685	3,974	-21	-195	58	-820	-34,394	-16,398	-12,030

	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31
Begin Period Cash Flow	875	5,648	10,061	1,441	1,928	1,401	1,345	2,957	2,290	353	166	339	-1,195	-	-	-	-	-	-	-	-	-	-	-	-
Capital Expenditures	0	161	442	32	32	129	17	268	268	114	12	12	263	232	40	160	160	53	75	114	2,519	114	100	477	150
Change In Cash	-871	2,190	-4,413	1,935	-487	527	56	-595	667	919	519	519	1,410	-124	367	-798	243	-80	-918	-1,041	-89	9	-162	-2,105	-59
Change In Working Capital	448	2,836	-5,298	-	-419	-489	-526	-3,612	4,865	2,885	-71	1,711	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Account Receivables	-	-516	-813	394	1,099	-679	-600	-3,217	2,451	-747	-66	-66	-	-	-386	-386	-279	-2,117	381	78	297	-1,491	-399	1,165	679
Change To Inventory	176	2,557	-4,422	-1,021	607	-255	366	-1,083	3,560	1,732	1,104	1,104	4,702	356	877	-3,746	-1,643	2,050	2,097	214	-581	-4,144	-837	1,991	-1,618
Change To Liabilities	-	795	-63	-458	-2,125	445	-292	674	-1,146	1,900	-1,109	0	-1,177	-950	-541	0	467	1,057	-1,000	402	1,776	301	655	-7,118	1,623
Change To Netincome	-	315	212	-3,801	-425	749	237	156	1,231	-164	-364	-364	1,473	291	259	259	371	871	458	582	-1,696	709	381	-440	2,586
Change To Operating Activities	-	-	-	55	55	55	55	14	14	14	14	-	-	-	-	-	-	-	-	-970	-970	-970	-970	1,417	-555
Depreciation	410	373	466	900	606	639	489	740	554	533	218	218	1,747	1,189	635	2,598	2,122	716	709	972	608	606	615	760	552
End Period Cash Flow	4	278	5,648	10,061	1,441	1,928	1,401	1,345	2,957	1,272	353	114	339	-	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow	534	4,283	-4,582	-	34	1,928	905	-6,392	8,346	3,318	50	818	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments	8	-165	-445	-	55	-112	0	1,037	-1,036	-1,036	1,036	1,036	71	245	-60	-243	-	-	-	-1	1,692	1,692	1,692	829	829
Net Borrowings	-	-1,861	373	363	-303	-1,177	-598	3,565	-8,137	-1,986	-225	-225	-4,779	-1,028	754	754	1,392	-1,304	-3,021	-387	-316	4,441	642	4,192	-385
Net Income	-418	932	492	5,105	272	1,158	722	-3,408	1,696	178	279	-6,026	-521	-406	-611	-20,725	-1,283	-1,007	149	399	806	-500	-658	-2,914	-2,734
Other Cashflows From Financing Activities	-	-240	-213	-344	-273	-241	-268	-1,129	516	-413	-342	-342	-791	-1,124	-576	-2,063	-1,519	-503	-501	-3,366	-3,366	-3,366	-381	-469	-469
Other Cashflows From Investing Activities	-	8	9	-12	18	17	17	-40	95	95	95	95	519	417	-20	322	208	210	210	820	820	820	820	-1,067	-1,067
Other Non Cash Items	243	232	204	-	210	227	249	590	345	395	330	952	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cash From Financing Activities	-	-2,101	160	19	-576	-1,418	-866	2,436	-7,621	-2,399	-567	-567	-6,968	-1,398	178	-2,023	-3,547	-1,807	-3,522	-3,823	-345	4,441	261	3,723	-385
Total Cash From Operating Activities	534	4,456	-4,128	1,174	34	2,057	922	-6,124	8,346	3,432	62	62	7,033	1,089	249	1,063	3,742	1,570	2,794	1,677	1,210	-4,519	-243	-5,139	533
Total Cashflows From Investing Activities	-	-165	-445	742	55	-112	-112	3,093	-58	-114	1,024	1,024	71	185	-60	162	48	157	-190	1,105	-954	87	-180	-689	-207

Income Statement

Currency in SGD. All numbers in thousands.

	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-11-30
Cost Of Revenue	-	22,237	25,078	27,415	26,107	20,781	4,106	373	75
Discontinued Operations	-	660	-14	-462	1,245	1,245	1,245	-1,078	-523
Ebit	3,269	-703	-1,657	-595	-1,098	-2,474	-3,839	-1,731	-1,760
Ebitda	-	2,681	-2,073	-17,876	4,519	-	-	-	-
Extraordinary Items	-	-	-473	-462	1,245	-	-	-1,437	-
Gross Profit	-	11,840	11,874	13,570	12,535	15,879	2,713	938	137
Income Before Tax	-	-1,419	-5,697	-22,436	-1,005	-6,122	3,636	3,947	-3,399
Income Tax Expense	-952	-150	-86	72	115	-532	141	0	0
Interest Expense	0	1,793	2,346	1,908	0	0	0	0	0
Interest Income	-	55	2,267	1,908	1,655	47	-	-	-
Minority Interest	-	7	7	84	3,094	2,876	3,104	498	260
Net Income	-	-1,250	-5,774	-22,844	-93	-5,456	3,678	2,523	-3,955
Net Income Applicable To Common Shares	7,259	-1,250	-6,573	-23,056	-93	-5,456	3,678	2,523	-3,955
Net Income From Continuing Ops	-	-1,269	-6,636	-22,508	265	-5,590	3,495	2,960	-3,399
Net Interest Income	-	-1,738	-2,284	-1,820	-1,723	-1,388	-	-	-
Operating Income	-	489	-3,430	-20,528	650	-6,122	3,636	3,947	-1,760
Other Operating Expenses	-	629	1,272	1,272	367	416	44	167	167
Reconciled Depreciation	-	2,307	2,549	2,652	2,801	-	-	-	-
Selling General Administrative	-	11,914	16,303	11,494	12,576	13,874	5,148	3,519	1,897
Tax Provision	-	-150	-319	72	115	-532	141	-	-
Total Operating Expenses	-	33,588	37,692	40,396	43,111	35,538	10,658	2,714	1,972
Total Other Income Expense Net	-	-	-	-22,023	467	-5,362	7,475	4,691	-1,639
Total Revenue	-	34,077	36,952	40,985	38,642	36,660	6,819	1,311	212

	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31
Cost Of Revenue	6,147	6,432	5,654	-	6,387	6,665	6,090	6,098	6,923	6,727	2,489	25,078	9,601	4,820	6,301	5,399	7,298	8,540	6,131	6,708	6,181	7,788	5,981	5,361	4,934
Discontinued Operations	-	-	-	-	-	-	-	10	24	217	-251	-251	-251	-251	-23	-23	-23	-23	-	-	-	-	-	-	-
Ebit	-	1,273	679	538	878	834	1,019	-2,830	1,746	255	511	-5,191	1,126	1,373	613	-20,285	-102	193	614	675	-842	648	-430	-1,577	-85
Ebitda	355	1,628	1,104	-	1,229	2,088	1,485	-2,066	2,593	797	1,095	-5,191	-	-	-	-	-	-	-	-	-	-	-	-	-
Extraordinary Items	-	-	-	-	-	-	-	-	24	217	-251	-473	-	-	-	-19,833	-	-	-	-	-	-	-	-	-
Gross Profit	3,775	4,142	3,808	-	4,015	3,968	3,650	2,802	3,735	2,782	2,521	11,874	3,455	4,496	3,397	1,226	3,738	4,444	4,210	4,588	3,404	4,099	3,224	3,372	3,674
Income Before Tax	-388	982	425	-	389	1,205	730	-3,664	1,706	3	536	-5,697	-115	228	-634	-70	-354	-1,067	139	145	973	-460	-712	-3,925	-2,897
Income Tax Expense	-	49	-48	-1,135	133	32	18	-226	31	27	18	-	-	-	-	-	83	0	0	-321	0	0	0	-654	22
Interest Expense	333	273	213	-	234	244	266	858	333	261	111	95	78	164	16	391	320	503	501	570	414	409	381	153	367
Interest Income	-	8	9	-	-	-	17	40	65	261	341	2,267	640	549	575	-	-	-	-	-	-	-	-	-	-
Minority Interest	17	-1	19	-	16	-15	10	7	84	2	-19	7	110	96	88	84	2,967	3,024	3,084	3,094	3,027	2,860	2,358	2,876	2,865
Net Income	-418	932	492	-	272	1,158	722	-3,408	1,696	178	284	-5,774	-129	220	-638	-20,022	-380	-1,007	149	399	806	-500	-658	-2,914	-2,734
Net Income Applicable To Common Shares	-	932	492	5,105	272	1,158	722	-3,408	1,696	178	279	279	-129	220	-638	-20,022	-380	-1,007	149	399	806	-500	-658	-2,914	-2,734
Net Income From Continuing Ops	-435	933	473	-	256	1,173	712	-3,438	1,675	-24	518	-6,115	-115	228	-611	-21,143	-437	-1,067	139	466	973	-460	-712	-3,271	-2,919
Net Interest Income	-333	-265	-204	-	-234	-261	-249	-898	-268	-261	-329	-580	-609	-534	-533	-301	-	-	-	-	-	-	-	-	-
Operating Income	-214	1,301	735	-	878	809	1,044	-2,167	1,705	264	877	-3,430	525	777	-59	-70	-354	193	614	675	-842	648	-430	-1,577	-85
Other Operating Expenses	-	-	-	-	-	-	-	-	-	9	9	9	9	60	60	60	-	43	110	367	367	345	184	416	416
Reconciled Depreciation	410	373	466	-	606	639	489	740	554	533	218	674	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General Administrative	3,989	2,869	3,129	-	3,137	3,134	2,631	5,532	2,030	2,527	2,010	16,303	3,056	3,667	3,563	1,270	3,840	4,292	3,706	3,547	4,242	3,795	3,827	4,524	3,759
Tax Provision	47	49	-48	-	133	32	18	-226	31	27	18	-319	0	0	0	-11	83	-	-	-	-	-	-	-	-
Total Operating Expenses	10,136	9,273	8,727	-	9,524	9,824	8,696	11,067	8,953	9,254	4,499	6,684	12,657	8,487	9,223	6,589	11,138	12,791	9,727	10,621	10,427	11,239	9,635	10,310	8,693
Total Other Income Expense Net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-513	-	-252	-1,260	-475	-530	1,815	-1,108	-282	-2,348	-2,812
Total Revenue	9,922	10,574	9,462	-	10,402	10,633	9,740	8,900	10,658	9,509	5,010	36,952	13,056	9,316	9,698	6,625	11,036	12,984	10,341	11,296	9,585	11,887	9,205	8,733	8,608

Latest Income Statement (annual, 2022-03-31)

Gross Profit (+$)
totalRevenue	-
Cost of Revenue	--
Gross Profit	-	0

Operating Income (+$)
Gross Profit	-
Operating Expense	--
Operating Income	-	0

Operating Expense (+$)
Research Development	-
Selling General Administrative	-
Selling And Marketing Expenses	-
Operating Expense	-	0

Net Interest Income (+$)
Interest Income	-
Interest Expense	-0
Other Finance Cost	-0
Net Interest Income	-

Pretax Income (+$)
Operating Income	-
Net Interest Income	-
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	-	0 EBIT - interestExpense = 3,269 -952 0
Interest Expense	0
Earnings Before Interest and Taxes (EBIT)	3,269	0
Earnings Before Interest and Taxes (EBITDA)	-

After tax Income (+$)
Income Before Tax	-
Tax Provision	--
Net Income From Continuing Ops	-	0
Net Income	-
Net Income Applicable To Common Shares	7,259

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	-
Total Other Income/Expenses Net	-	0

Technicals of USP GROUP LIMITED

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

USP GROUP LIMITED Daily Moving Averages Chart

1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of USP GROUP LIMITED:

The Moving Average Convergence/Divergence (MACD) is -0.003. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
The MACD is lower than the signal line. This is a bearish indication. -1

USP GROUP LIMITED Daily Moving Average Convergence/Divergence (MACD) Chart

1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of USP GROUP LIMITED:

The ADX is 23.515. Absent or Weak Trend. -1
The ADX is declining, there is no upcoming trend indication. -1
The +DI crossed the -DI to the upside. The trend is reversing to an up trend. +1

USP GROUP LIMITED Daily Directional Movement Index (DMI) Chart

1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

The Parabolic SAR is higher than the price. The current trend is down. -2

USP GROUP LIMITED Daily Parabolic SAR Chart

2. Momentum Indicators

2.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

The RSI is below 50. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

USP GROUP LIMITED Daily Relative Strength Index (RSI) Chart

2.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

The Stochastic is below 50. -1

USP GROUP LIMITED Daily Stochastic Oscillator Chart

2.3 Commodity Channel Index (CCI)

USP GROUP LIMITED Daily Commodity Channel Index (CCI) Chart

2.4 Chande Momentum Oscillator (CMO)

USP GROUP LIMITED Daily Chande Momentum Oscillator (CMO) Chart

2.5 Williams %R

USP GROUP LIMITED Daily Williams %R Chart

3. Volatility Indicators

3.1 Bollinger Bands

USP GROUP LIMITED Daily Bollinger Bands Chart

3.2 Average True Range (ATR)

USP GROUP LIMITED Daily Average True Range (ATR) Chart

4. Volume Indicators

4.1 On-Balance Volume (OBV)

USP GROUP LIMITED Daily On-Balance Volume (OBV) Chart

4.2 Money Flow Index (MFI)

USP GROUP LIMITED Daily Money Flow Index (MFI) Chart

5. Summary

5.1. Notifications

Type	Notification	Date
Currently no notifications for USP GROUP LIMITED.

5.2. Trading Signals

Date	Indicator	Entry signal	Exit signal
2023-05-22	MACD	SHORT ENTRY	LONG CLOSE
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-05-24	MFI	80 crossover to upside
2023-05-26	DMI	LONG ENTRY	SHORT CLOSE
	SAR	LONG ENTRY	SHORT CLOSE	price crossed sar to upside
	STOCH	LONG ENTRY	SHORT CLOSE	20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE
2023-05-29	DMI	SHORT ENTRY	LONG CLOSE
	CMO	SHORT ENTRY	LONG CLOSE	-50 crossover to downside
2023-05-30	DMI	LONG ENTRY	SHORT CLOSE
	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE
2023-05-31	DMI	SHORT ENTRY	LONG CLOSE
	CMO	SHORT ENTRY	LONG CLOSE	-50 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE