King Wan 554
Financials
ANNUAL REPORT 2026 King Wan Corporation Limited
Auditor’s opinion: true and fair view. Read auditor’s report (PDF p. 52)
Explore the statements
51 tablesGroup and Company financial position / FY2026 original annual source
40 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and bank balancesSingapore dollars thousands | 9,643 | 10,467 | 3,570 | 269 | PDF p. 59 |
| Trade receivablesSingapore dollars thousands | 6,102 | 9,198 | – | – | PDF p. 59 |
| Other receivables and prepaymentsSingapore dollars thousands | 2,354 | 2,933 | 6 | 12 | PDF p. 59 |
| Amount due from subsidiariesSingapore dollars thousands | – | – | 1,500 | 4,887 | PDF p. 59 |
| Investments in equity securities carried at fair value through profit or loss (“FVTPL”)Singapore dollars thousands | 104 | 80 | – | – | PDF p. 59 |
| InventoriesSingapore dollars thousands | 426 | 588 | – | – | PDF p. 59 |
| Contract assetsSingapore dollars thousands | 10,679 | 14,201 | – | – | PDF p. 59 |
| Total current assetsSingapore dollars thousands | 29,308 | 37,467 | 5,076 | 5,168 | PDF p. 59 |
| Non-current assets | |||||
| Other receivablesSingapore dollars thousands | 28,643 | 35,636 | – | – | PDF p. 59 |
| Property, plant and equipmentSingapore dollars thousands | 10,824 | 1,967 | – | – | PDF p. 59 |
| Right-of-use assetsSingapore dollars thousands | 2,699 | 918 | – | – | PDF p. 59 |
| Investment in subsidiariesSingapore dollars thousands | – | – | 35,706 | 35,706 | PDF p. 59 |
| Investment in associates and joint ventureSingapore dollars thousands | 32,440 | 28,113 | 1,732 | 1,732 | PDF p. 59 |
| InvestmentsSingapore dollars thousands | 8,847 | 10,776 | 6,671 | 8,168 | PDF p. 59 |
| Deferred tax assetsSingapore dollars thousands | 2,517 | 1,377 | – | – | PDF p. 59 |
| Total non-current assetsSingapore dollars thousands | 85,970 | 78,787 | 44,109 | 45,606 | PDF p. 59 |
| Total assetsSingapore dollars thousands | 115,278 | 116,254 | 49,185 | 50,774 | PDF p. 59 |
| Current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 9,200 | 6,917 | – | – | PDF p. 60 |
| Trade payablesSingapore dollars thousands | 11,910 | 15,786 | – | – | PDF p. 60 |
| Bills payablesSingapore dollars thousands | 14,073 | 19,031 | – | – | PDF p. 60 |
| Other payablesSingapore dollars thousands | 1,412 | 1,672 | 126 | 364 | PDF p. 60 |
| Contract liabilitiesSingapore dollars thousands | 3,343 | 2,234 | – | – | PDF p. 60 |
| Lease liabilitiesSingapore dollars thousands | 228 | 148 | – | – | PDF p. 60 |
| Amount due to subsidiariesSingapore dollars thousands | – | – | 18,012 | 20,793 | PDF p. 60 |
| Provision for liabilitiesSingapore dollars thousands | 726 | 873 | – | – | PDF p. 60 |
| Income tax payableSingapore dollars thousands | 2 | 101 | 2 | * | PDF p. 60 |
| Total current liabilitiesSingapore dollars thousands | 40,894 | 46,762 | 18,140 | 21,157 | PDF p. 60 |
| Non-current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 7,125 | – | – | – | PDF p. 60 |
| Lease liabilitiesSingapore dollars thousands | 2,107 | 216 | – | – | PDF p. 60 |
| Deferred tax liabilitiesSingapore dollars thousands | 110 | 98 | – | – | PDF p. 60 |
| Total non-current liabilitiesSingapore dollars thousands | 9,342 | 314 | – | – | PDF p. 60 |
| Total liabilitiesSingapore dollars thousands | 50,236 | 47,076 | 18,140 | 21,157 | PDF p. 60 |
| Capital and reserves | |||||
| Share capitalSingapore dollars thousands | 57,297 | 53,797 | 57,297 | 53,797 | PDF p. 60 |
| Retained earningsSingapore dollars thousands | 43,078 | 48,906 | 1,111 | 1,686 | PDF p. 60 |
| Foreign currency translation reserveSingapore dollars thousands | (2) | (142) | – | – | PDF p. 60 |
| Investment revaluation reserveSingapore dollars thousands | (35,226) | (33,298) | (27,363) | (25,866) | PDF p. 60 |
| Equity attributable to owners of the CompanySingapore dollars thousands | 65,147 | 69,263 | 31,045 | 29,617 | PDF p. 60 |
| Non-controlling interestsSingapore dollars thousands | (105) | (85) | – | – | PDF p. 60 |
| Total equitySingapore dollars thousands | 65,042 | 69,178 | 31,045 | 29,617 | PDF p. 60 |
| Total liabilities and equitySingapore dollars thousands | 115,278 | 116,254 | 49,185 | 50,774 | PDF p. 60 |
Definitions & sources
Original report: PDF p. 59 ↗ PDF p. 60 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group consolidated income and comprehensive income / FY2026 original annual source
21 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| income | |||
| RevenueSingapore dollars thousands | 44,245 | 86,756 | PDF p. 61 |
| Cost of salesSingapore dollars thousands | (46,553) | (79,722) | PDF p. 61 |
| Gross (loss)/profitSingapore dollars thousands | (2,308) | 7,034 | PDF p. 61 |
| Other operating incomeSingapore dollars thousands | 1,906 | 1,624 | PDF p. 61 |
| Administrative expensesSingapore dollars thousands | (6,880) | (5,723) | PDF p. 61 |
| Loss allowance on trade receivables, other receivables and contract assetsSingapore dollars thousands | (2,946) | (2,193) | PDF p. 61 |
| Share of profit of associates and joint venture, net of taxSingapore dollars thousands | 4,340 | 4,262 | PDF p. 61 |
| Finance costsSingapore dollars thousands | (1,084) | (1,321) | PDF p. 61 |
| (Loss)/Profit before income taxSingapore dollars thousands | (6,972) | 3,683 | PDF p. 61 |
| Income tax credit/(expense)Singapore dollars thousands | 1,124 | (267) | PDF p. 61 |
| (Loss)/Profit for the financial yearSingapore dollars thousands | (5,848) | 3,416 | PDF p. 61 |
| Item that will not be reclassified subsequently to profit or loss | |||
| Net fair value loss in equity securities carried at fair value through other comprehensive income (“FVTOCI”)Singapore dollars thousands | (1,928) | (4,293) | PDF p. 61 |
| Item that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translation of foreign operationsSingapore dollars thousands | 140 | 14 | PDF p. 61 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | (1,788) | (4,279) | PDF p. 61 |
| Total comprehensive loss for the financial yearSingapore dollars thousands | (7,636) | (863) | PDF p. 61 |
| (Loss)/Profit of the financial year attributable to: | |||
| Owners of the CompanySingapore dollars thousands | (5,828) | 3,436 | PDF p. 61 |
| Non-controlling interestsSingapore dollars thousands | (20) | (20) | PDF p. 61 |
| SubtotalSingapore dollars thousands | (5,848) | 3,416 | PDF p. 61 |
| Total comprehensive loss attributable to: | |||
| Owners of the CompanySingapore dollars thousands | (7,616) | (843) | PDF p. 61 |
| Non-controlling interestsSingapore dollars thousands | (20) | (20) | PDF p. 61 |
| SubtotalSingapore dollars thousands | (7,636) | (863) | PDF p. 61 |
Definitions & sources
Original report: PDF p. 61 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group consolidated cash flows / FY2026 original annual source
48 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Operating activities | |||
| (Loss)/Profit before income taxSingapore dollars thousands | (6,972) | 3,683 | PDF p. 64 |
| Adjustments for: | |||
| Allowance for inventory obsolescenceSingapore dollars thousands | 27 | 114 | PDF p. 64 |
| Bad debt written offSingapore dollars thousands | – | 3 | PDF p. 64 |
| Change in fair value of investments in equity securities carried at FVTPLSingapore dollars thousands | (24) | 1 | PDF p. 64 |
| Change in fair value of insurance contractSingapore dollars thousands | 1 | (7) | PDF p. 64 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | 738 | 639 | PDF p. 64 |
| Depreciation of right-of-use assetsSingapore dollars thousands | 354 | 550 | PDF p. 64 |
| Dividend income from investment in equity securities carried at FVTOCISingapore dollars thousands | – | (225) | PDF p. 64 |
| Gain on disposal of investment in an associateSingapore dollars thousands | (260) | – | PDF p. 64 |
| (Gain)/Loss on disposal of property, plant and equipmentSingapore dollars thousands | (31) | 14 | PDF p. 64 |
| Gain on disposal of right-of-use assetsSingapore dollars thousands | (12) | – | PDF p. 64 |
| Interest incomeSingapore dollars thousands | (570) | (652) | PDF p. 64 |
| Interest expenseSingapore dollars thousands | 1,084 | 1,321 | PDF p. 64 |
| Loss allowance for trade receivables, other receivables and contract assetsSingapore dollars thousands | 2,946 | 2,193 | PDF p. 64 |
| Share of profit of associates and joint venture, net of taxSingapore dollars thousands | (4,340) | (4,262) | PDF p. 64 |
| (Reversal)/Addition of provision for liabilities (Note 24)Singapore dollars thousands | (58) | 3 | PDF p. 64 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | (7,117) | 3,375 | PDF p. 64 |
| Trade receivablesSingapore dollars thousands | 2,524 | 640 | PDF p. 64 |
| Other receivables and prepaymentsSingapore dollars thousands | (129) | 244 | PDF p. 64 |
| Contract assetsSingapore dollars thousands | 3,527 | 1,437 | PDF p. 64 |
| Contract liabilitiesSingapore dollars thousands | 1,109 | 991 | PDF p. 64 |
| InventoriesSingapore dollars thousands | 135 | 200 | PDF p. 64 |
| Trade payablesSingapore dollars thousands | (3,876) | (6,170) | PDF p. 64 |
| Other payablesSingapore dollars thousands | (260) | (22) | PDF p. 64 |
| Provision for liabilitiesSingapore dollars thousands | (89) | (112) | PDF p. 64 |
| Cash (used in)/generated from operationsSingapore dollars thousands | (4,176) | 583 | PDF p. 64 |
| Income taxes (paid)/refundedSingapore dollars thousands | (103) | 47 | PDF p. 64 |
| Interest paidSingapore dollars thousands | (1,084) | (1,321) | PDF p. 64 |
| Net cash used in operating activitiesSingapore dollars thousands | (5,363) | (691) | PDF p. 64 |
| Investing activities | |||
| Advances to an associateSingapore dollars thousands | * | – | PDF p. 65 |
| Interest receivedSingapore dollars thousands | 336 | 38 | PDF p. 65 |
| Repayments from associates and joint ventureSingapore dollars thousands | 1,685 | 2,183 | PDF p. 65 |
| Dividends received from investment in equity securities carried at FVTOCISingapore dollars thousands | – | 515 | PDF p. 65 |
| Purchase of property, plant and equipment (Note A)Singapore dollars thousands | (1,999) | (927) | PDF p. 65 |
| Deposit for intended acquisition of propertySingapore dollars thousands | – | (475) | PDF p. 65 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 35 | 29 | PDF p. 65 |
| Proceeds from disposal of right-of-use assetsSingapore dollars thousands | 16 | – | PDF p. 65 |
| Proceeds from disposal of investment in an associate (Note 15)Singapore dollars thousands | 3,560 | – | PDF p. 65 |
| Net cash from investing activitiesSingapore dollars thousands | 3,633 | 1,363 | PDF p. 65 |
| Financing activities | |||
| Proceeds from issuance of sharesSingapore dollars thousands | 3,500 | – | PDF p. 65 |
| Repayments of lease liabilities (Note B)Singapore dollars thousands | (168) | (457) | PDF p. 65 |
| (Repayments of)/Net financing by bills payablesSingapore dollars thousands | (4,958) | 2,477 | PDF p. 65 |
| Net financing by/(Repayments of) bank borrowingsSingapore dollars thousands | 2,283 | (1,282) | PDF p. 65 |
| Net cash from financing activitiesSingapore dollars thousands | 657 | 738 | PDF p. 65 |
| Net (decrease)/increase cash and cash equivalentsSingapore dollars thousands | (1,073) | 1,410 | PDF p. 65 |
| Cash and cash equivalents at beginning of the financial yearSingapore dollars thousands | 10,467 | 9,058 | PDF p. 65 |
| Effect of foreign exchange rate changes on balances held in foreign currenciesSingapore dollars thousands | 249 | (1) | PDF p. 65 |
| Cash and cash equivalents at end of the financial year (Note 5)Singapore dollars thousands | 9,643 | 10,467 | PDF p. 65 |
Definitions & sources
Original report: PDF p. 64 ↗ PDF p. 65 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group basic and diluted earnings or loss per share / FY2026 original annual source
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| (Loss)/Earnings per share (cents) | |||
| Basic and dilutedSingapore cents per share | (0.82) | 0.49 | PDF p. 61 |
Definitions & sources
Original report: PDF p. 61 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group changes in equity / FY2026 components / FY2026 original annual source
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / Share capital | 2026Group / Retained earnings | 2026Group / Foreign currency translation reserve | 2026Group / Investment revaluation reserve | 2026Group / Equity attributable to owners | 2026Group / Non-controlling interests | 2026Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| Balance as at 1 April 2025Singapore dollars thousands | 53,797 | 48,906 | (142) | (33,298) | 69,263 | (85) | 69,178 | PDF p. 62 |
| for the financial year: | ||||||||
| Loss for the financial yearSingapore dollars thousands | – | (5,828) | – | – | (5,828) | (20) | (5,848) | PDF p. 62 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | – | – | 140 | (1,928) | (1,788) | – | (1,788) | PDF p. 62 |
| TotalSingapore dollars thousands | – | (5,828) | 140 | (1,928) | (7,616) | (20) | (7,636) | PDF p. 62 |
| Increase in share capital (Note 25)Singapore dollars thousands | 3,500 | – | – | – | 3,500 | – | 3,500 | PDF p. 62 |
| Balance as at 31 March 2026Singapore dollars thousands | 57,297 | 43,078 | (2) | (35,226) | 65,147 | (105) | 65,042 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 62 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group changes in equity / FY2025 components / FY2026 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group / Share capital | 2025Group / Retained earnings | 2025Group / Foreign currency translation reserve | 2025Group / Investment revaluation reserve | 2025Group / Equity attributable to owners | 2025Group / Non-controlling interests | 2025Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| for the financial year: | ||||||||
| Balance as at 1 April 2024Singapore dollars thousands | 53,797 | 45,470 | (156) | (29,005) | 70,106 | (65) | 70,041 | PDF p. 62 |
| Profit for the financial yearSingapore dollars thousands | – | 3,436 | – | – | 3,436 | (20) | 3,416 | PDF p. 62 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | – | – | 14 | (4,293) | (4,279) | – | (4,279) | PDF p. 62 |
| TotalSingapore dollars thousands | – | 3,436 | 14 | (4,293) | (843) | (20) | (863) | PDF p. 62 |
| Balance as at 31 March 2025Singapore dollars thousands | 53,797 | 48,906 | (142) | (33,298) | 69,263 | (85) | 69,178 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 62 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Company changes in equity / FY2026 components / FY2026 original annual source
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company / Share capital | 2026Company / Retained earnings | 2026Company / Investment revaluation reserve | 2026Company / Total equity | Source |
|---|---|---|---|---|---|
| Company | |||||
| Balance as at 1 April 2025Singapore dollars thousands | 53,797 | 1,686 | (25,866) | 29,617 | PDF p. 63 |
| Total comprehensive loss for the financial year: | |||||
| Loss for the financial yearSingapore dollars thousands | – | (575) | – | (575) | PDF p. 63 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | – | – | (1,497) | (1,497) | PDF p. 63 |
| TotalSingapore dollars thousands | – | (575) | (1,497) | (2,072) | PDF p. 63 |
| Transactions with owners, recognised directly | |||||
| Increase in share capital (Note 25)Singapore dollars thousands | 3,500 | – | – | 3,500 | PDF p. 63 |
| Balance as at 31 March 2026Singapore dollars thousands | 57,297 | 1,111 | (27,363) | 31,045 | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Company changes in equity / FY2025 components / FY2026 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company / Share capital | 2025Company / Retained earnings | 2025Company / Investment revaluation reserve | 2025Company / Total equity | Source |
|---|---|---|---|---|---|
| Transactions with owners, recognised directly | |||||
| Balance as at 1 April 2024Singapore dollars thousands | 53,797 | 2,388 | (22,539) | 33,646 | PDF p. 63 |
| Total comprehensive loss for the financial year: | |||||
| Loss for the financial yearSingapore dollars thousands | – | (702) | – | (702) | PDF p. 63 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | – | – | (3,327) | (3,327) | PDF p. 63 |
| TotalSingapore dollars thousands | – | (702) | (3,327) | (4,029) | PDF p. 63 |
| Balance as at 31 March 2025Singapore dollars thousands | 53,797 | 1,686 | (25,866) | 29,617 | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group property additions and cash purchase reconciliation / FY2026 original annual source
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| property_additions_reconciliation | |||
| Additions of property, plant and equipment (Note 12)Singapore dollars thousands | 9,599 | 927 | PDF p. 65 |
| Less: Long-term bank borrowing to partly finance the acquisition of property (Note 18)Singapore dollars thousands | (7,125) | – | PDF p. 65 |
| Less: Deposit to offset against purchase consideration for property (Note 7)Singapore dollars thousands | (475) | – | PDF p. 65 |
| Cash outflow for purchase of property, plant and equipmentSingapore dollars thousands | 1,999 | 927 | PDF p. 65 |
Definitions & sources
Original report: PDF p. 65 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group lease financing liabilities reconciliation / FY2026 original annual source
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| lease_financing_reconciliation | |||
| Balance as at 1 AprilSingapore dollars thousands | 364 | 687 | PDF p. 66 |
| Interest expense on lease liabilities (Note 30)Singapore dollars thousands | 79 | 36 | PDF p. 66 |
| Repayments of lease liabilities (Note 22)Singapore dollars thousands | (168) | (457) | PDF p. 66 |
| Interest paidSingapore dollars thousands | (79) | (36) | PDF p. 66 |
| Additions of lease liabilitiesSingapore dollars thousands | 2,139 | 134 | PDF p. 66 |
| Balance as at 31 MarchSingapore dollars thousands | 2,335 | 364 | PDF p. 66 |
Definitions & sources
Original report: PDF p. 66 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group and Company financial position / FY2025 original annual source
40 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and bank balancesSingapore dollars thousands | 10,467 | 9,058 | 269 | 92 | PDF p. 62 |
| Trade receivablesSingapore dollars thousands | 9,198 | 9,983 | - | - | PDF p. 62 |
| Other receivables and prepaymentsSingapore dollars thousands | 2,933 | 990 | 12 | 334 | PDF p. 62 |
| Amount due from subsidiariesSingapore dollars thousands | - | - | 4,887 | 4,920 | PDF p. 62 |
| Held-for-trading investmentsSingapore dollars thousands | 80 | 81 | - | - | PDF p. 62 |
| InventoriesSingapore dollars thousands | 588 | 902 | - | - | PDF p. 62 |
| Contract assetsSingapore dollars thousands | 14,201 | 15,623 | - | - | PDF p. 62 |
| Total current assetsSingapore dollars thousands | 37,467 | 36,637 | 5,168 | 5,346 | PDF p. 62 |
| Non-current assets | |||||
| Other receivablesSingapore dollars thousands | 35,636 | 41,296 | - | - | PDF p. 62 |
| Property, plant and equipmentSingapore dollars thousands | 1,967 | 1,722 | - | - | PDF p. 62 |
| Right-of-use assetsSingapore dollars thousands | 918 | 1,334 | - | - | PDF p. 62 |
| Investment in subsidiariesSingapore dollars thousands | - | - | 35,706 | 35,706 | PDF p. 62 |
| Investment in associates and joint ventureSingapore dollars thousands | 28,113 | 23,813 | 1,732 | 1,732 | PDF p. 62 |
| InvestmentsSingapore dollars thousands | 10,776 | 15,062 | 8,168 | 11,495 | PDF p. 62 |
| Deferred tax assetsSingapore dollars thousands | 1,377 | 1,668 | - | - | PDF p. 62 |
| Total non-current assetsSingapore dollars thousands | 78,787 | 84,895 | 45,606 | 48,933 | PDF p. 62 |
| Total assetsSingapore dollars thousands | 116,254 | 121,532 | 50,774 | 54,279 | PDF p. 62 |
| Current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 6,917 | 7,983 | - | - | PDF p. 63 |
| Trade payablesSingapore dollars thousands | 15,786 | 21,956 | - | - | PDF p. 63 |
| Bills payablesSingapore dollars thousands | 19,031 | 16,554 | - | - | PDF p. 63 |
| Other payablesSingapore dollars thousands | 1,672 | 1,694 | 364 | 333 | PDF p. 63 |
| Contract liabilitiesSingapore dollars thousands | 2,234 | 1,243 | - | - | PDF p. 63 |
| Lease liabilitiesSingapore dollars thousands | 148 | 438 | - | - | PDF p. 63 |
| Amount due to subsidiariesSingapore dollars thousands | - | - | 20,793 | 20,266 | PDF p. 63 |
| Provision for liabilitiesSingapore dollars thousands | 873 | 982 | - | - | PDF p. 63 |
| Income tax payableSingapore dollars thousands | 101 | 34 | * | 34 | PDF p. 63 |
| Total current liabilitiesSingapore dollars thousands | 46,762 | 50,884 | 21,157 | 20,633 | PDF p. 63 |
| Non-current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | - | 216 | - | - | PDF p. 63 |
| Lease liabilitiesSingapore dollars thousands | 216 | 249 | - | - | PDF p. 63 |
| Deferred tax liabilitiesSingapore dollars thousands | 98 | 142 | - | - | PDF p. 63 |
| Total non-current liabilitiesSingapore dollars thousands | 314 | 607 | - | - | PDF p. 63 |
| Total liabilitiesSingapore dollars thousands | 47,076 | 51,491 | 21,157 | 20,633 | PDF p. 63 |
| Capital and reserves | |||||
| Share capitalSingapore dollars thousands | 53,797 | 53,797 | 53,797 | 53,797 | PDF p. 63 |
| Retained earningsSingapore dollars thousands | 48,906 | 45,470 | 1,686 | 2,388 | PDF p. 63 |
| Foreign currency translation reserveSingapore dollars thousands | (142) | (156) | - | - | PDF p. 63 |
| Investment revaluation reserveSingapore dollars thousands | (33,298) | (29,005) | (25,866) | (22,539) | PDF p. 63 |
| Equity attributable to owners of the CompanySingapore dollars thousands | 69,263 | 70,106 | 29,617 | 33,646 | PDF p. 63 |
| Non-controlling interestsSingapore dollars thousands | (85) | (65) | - | - | PDF p. 63 |
| Total equitySingapore dollars thousands | 69,178 | 70,041 | 29,617 | 33,646 | PDF p. 63 |
| Total liabilities and equitySingapore dollars thousands | 116,254 | 121,532 | 50,774 | 54,279 | PDF p. 63 |
Definitions & sources
Original report: PDF p. 62 ↗ PDF p. 63 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Group consolidated income and comprehensive income / FY2025 original annual source
21 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| income | |||
| RevenueSingapore dollars thousands | 86,756 | 95,518 | PDF p. 64 |
| Cost of salesSingapore dollars thousands | (79,722) | (94,208) | PDF p. 64 |
| Gross profitSingapore dollars thousands | 7,034 | 1,310 | PDF p. 64 |
| Other operating incomeSingapore dollars thousands | 1,624 | 2,802 | PDF p. 64 |
| Administrative expensesSingapore dollars thousands | (5,723) | (5,456) | PDF p. 64 |
| Loss allowance on trade receivables, other receivables and contract assetsSingapore dollars thousands | (2,193) | (4,434) | PDF p. 64 |
| Share of profit of associates and joint venture, net of taxSingapore dollars thousands | 4,262 | 19,607 | PDF p. 64 |
| Finance costsSingapore dollars thousands | (1,321) | (1,745) | PDF p. 64 |
| Profit before income taxSingapore dollars thousands | 3,683 | 12,084 | PDF p. 64 |
| Income tax (expense)/creditSingapore dollars thousands | (267) | 297 | PDF p. 64 |
| Profit for the financial yearSingapore dollars thousands | 3,416 | 12,381 | PDF p. 64 |
| Item that will not be reclassified subsequently to profit or loss | |||
| Net fair value loss in equity securities carried at fair value through other comprehensive income (“FVTOCI”)Singapore dollars thousands | (4,293) | (4,470) | PDF p. 64 |
| Item that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translation of foreign operationsSingapore dollars thousands | 14 | 26 | PDF p. 64 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | (4,279) | (4,444) | PDF p. 64 |
| Total comprehensive (loss)/income for the financial yearSingapore dollars thousands | (863) | 7,937 | PDF p. 64 |
| Profit/(loss) of the financial year attributable to: | |||
| Owners of the CompanySingapore dollars thousands | 3,436 | 12,402 | PDF p. 64 |
| Non-controlling interestsSingapore dollars thousands | (20) | (21) | PDF p. 64 |
| SubtotalSingapore dollars thousands | 3,416 | 12,381 | PDF p. 64 |
| Total comprehensive (loss)/ income attributable to: | |||
| Owners of the CompanySingapore dollars thousands | (843) | 7,958 | PDF p. 64 |
| Non-controlling interestsSingapore dollars thousands | (20) | (21) | PDF p. 64 |
| SubtotalSingapore dollars thousands | (863) | 7,937 | PDF p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Group consolidated cash flows / FY2025 original annual source
45 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Operating activities | |||
| Profit before income taxSingapore dollars thousands | 3,683 | 12,084 | PDF p. 67 |
| Adjustments for: | |||
| Allowance/(Reversal of) for inventory obsolescenceSingapore dollars thousands | 114 | (25) | PDF p. 67 |
| Bad debt written offSingapore dollars thousands | 3 | 1 | PDF p. 67 |
| Change in fair value of held-for-trading investmentsSingapore dollars thousands | 1 | 27 | PDF p. 67 |
| Change in fair value of insurance contractSingapore dollars thousands | (7) | (12) | PDF p. 67 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | 639 | 635 | PDF p. 67 |
| Depreciation of right-of-use assetsSingapore dollars thousands | 550 | 525 | PDF p. 67 |
| Dividend income from investment in equity securities carried at FVTOCISingapore dollars thousands | (225) | (416) | PDF p. 67 |
| Loss on disposal of property, plant and equipmentSingapore dollars thousands | 14 | 27 | PDF p. 67 |
| Loss on disposal of right-of-use assetsSingapore dollars thousands | - | 5 | PDF p. 67 |
| Inventories written offSingapore dollars thousands | - | 7 | PDF p. 67 |
| Interest incomeSingapore dollars thousands | (652) | (1,979) | PDF p. 67 |
| Interest expenseSingapore dollars thousands | 1,321 | 1,745 | PDF p. 67 |
| Loss allowance for trade receivables, other receivables and contract assetsSingapore dollars thousands | 2,193 | 4,434 | PDF p. 67 |
| Share of profit of associates and joint venture, net of taxSingapore dollars thousands | (4,262) | (19,607) | PDF p. 67 |
| Addition of provision for liabilitiesSingapore dollars thousands | 3 | 243 | PDF p. 67 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | 3,375 | (2,306) | PDF p. 67 |
| Trade receivablesSingapore dollars thousands | 640 | 1,598 | PDF p. 67 |
| Other receivables and prepaymentsSingapore dollars thousands | 244 | (179) | PDF p. 67 |
| Contract assetsSingapore dollars thousands | 1,437 | 10,306 | PDF p. 67 |
| Contract liabilitiesSingapore dollars thousands | 991 | (1,029) | PDF p. 67 |
| InventoriesSingapore dollars thousands | 200 | 168 | PDF p. 67 |
| Trade payablesSingapore dollars thousands | (6,170) | (2,903) | PDF p. 67 |
| Other payablesSingapore dollars thousands | (22) | (456) | PDF p. 67 |
| Provision for liabilitiesSingapore dollars thousands | (112) | (126) | PDF p. 67 |
| Cash generated from operationsSingapore dollars thousands | 583 | 5,073 | PDF p. 67 |
| Income taxes refunded/(paid)Singapore dollars thousands | 47 | (58) | PDF p. 67 |
| Interest paidSingapore dollars thousands | (1,321) | (1,745) | PDF p. 67 |
| Net cash (used in)/from operating activitiesSingapore dollars thousands | (691) | 3,270 | PDF p. 67 |
| Investing activities | |||
| Interest receivedSingapore dollars thousands | 38 | 14 | PDF p. 68 |
| Repayments from associates and joint ventureSingapore dollars thousands | 2,183 | 4,308 | PDF p. 68 |
| Dividends received from investment in equity securities carried at FVTOCISingapore dollars thousands | 515 | 93 | PDF p. 68 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (927) | (515) | PDF p. 68 |
| Deposit for intended acquisition of propertySingapore dollars thousands | (475) | - | PDF p. 68 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 29 | 77 | PDF p. 68 |
| Proceeds from disposal of right-of-use assetsSingapore dollars thousands | - | 43 | PDF p. 68 |
| Net cash from investing activitiesSingapore dollars thousands | 1,363 | 4,020 | PDF p. 68 |
| Financing activities | |||
| Repayments of lease liabilitiesSingapore dollars thousands | (457) | (436) | PDF p. 68 |
| Net financing by/(Repayments of) bills payablesSingapore dollars thousands | 2,477 | (7,053) | PDF p. 68 |
| Repayments of bank borrowingsSingapore dollars thousands | (1,282) | (1,759) | PDF p. 68 |
| Net cash from/(used in) financing activitiesSingapore dollars thousands | 738 | (9,248) | PDF p. 68 |
| Net increase/(decrease) cash and cash equivalentsSingapore dollars thousands | 1,410 | (1,958) | PDF p. 68 |
| Cash and cash equivalents at beginning of the financial yearSingapore dollars thousands | 9,058 | 11,001 | PDF p. 68 |
| Effect of foreign exchange rate changes on balances held in foreign currenciesSingapore dollars thousands | (1) | 15 | PDF p. 68 |
| Cash and cash equivalents at end of the financial year (Note 5)Singapore dollars thousands | 10,467 | 9,058 | PDF p. 68 |
Definitions & sources
Original report: PDF p. 67 ↗ PDF p. 68 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Group basic and diluted earnings or loss per share / FY2025 original annual source
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Earnings per share (cents) | |||
| Basic and dilutedSingapore cents per share | 0.49 | 1.78 | PDF p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Group changes in equity / FY2025 components / FY2025 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group / Share capital | 2025Group / Retained earnings | 2025Group / Foreign currency translation reserve | 2025Group / Investment revaluation reserve | 2025Group / Equity attributable to owners | 2025Group / Non-controlling interests | 2025Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| Balance as at 1 April 2024Singapore dollars thousands | 53,797 | 45,470 | (156) | (29,005) | 70,106 | (65) | 70,041 | PDF p. 65 |
| the financial year: | ||||||||
| Profit for the financial yearSingapore dollars thousands | - | 3,436 | - | - | 3,436 | (20) | 3,416 | PDF p. 65 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | 14 | (4,293) | (4,279) | - | (4,279) | PDF p. 65 |
| TotalSingapore dollars thousands | - | 3,436 | 14 | (4,293) | (843) | (20) | (863) | PDF p. 65 |
| Balance as at 31 March 2025Singapore dollars thousands | 53,797 | 48,906 | (142) | (33,298) | 69,263 | (85) | 69,178 | PDF p. 65 |
Definitions & sources
Original report: PDF p. 65 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Group changes in equity / FY2024 components / FY2025 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / Share capital | 2024Group / Retained earnings | 2024Group / Foreign currency translation reserve | 2024Group / Investment revaluation reserve | 2024Group / Equity attributable to owners | 2024Group / Non-controlling interests | 2024Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| the financial year: | ||||||||
| Balance as at 1 April 2023Singapore dollars thousands | 53,797 | 33,068 | (182) | (24,535) | 62,148 | (44) | 62,104 | PDF p. 65 |
| for the financial year: | ||||||||
| Profit for the financial yearSingapore dollars thousands | - | 12,402 | - | - | 12,402 | (21) | 12,381 | PDF p. 65 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | 26 | (4,470) | (4,444) | - | (4,444) | PDF p. 65 |
| TotalSingapore dollars thousands | - | 12,402 | 26 | (4,470) | 7,958 | (21) | 7,937 | PDF p. 65 |
| Balance as at 31 March 2024Singapore dollars thousands | 53,797 | 45,470 | (156) | (29,005) | 70,106 | (65) | 70,041 | PDF p. 65 |
Definitions & sources
Original report: PDF p. 65 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Company changes in equity / FY2025 components / FY2025 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company / Share capital | 2025Company / Retained earnings | 2025Company / Investment revaluation reserve | 2025Company / Total equity | Source |
|---|---|---|---|---|---|
| Company | |||||
| Balance as at 1 April 2024Singapore dollars thousands | 53,797 | 2,388 | (22,539) | 33,646 | PDF p. 66 |
| Total comprehensive loss for the financial year: | |||||
| Loss for the financial yearSingapore dollars thousands | - | (702) | - | (702) | PDF p. 66 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | (3,327) | (3,327) | PDF p. 66 |
| TotalSingapore dollars thousands | - | (702) | (3,327) | (4,029) | PDF p. 66 |
| Balance as at 31 March 2025Singapore dollars thousands | 53,797 | 1,686 | (25,866) | 29,617 | PDF p. 66 |
Definitions & sources
Original report: PDF p. 66 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Company changes in equity / FY2024 components / FY2025 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Company / Share capital | 2024Company / Retained earnings | 2024Company / Investment revaluation reserve | 2024Company / Total equity | Source |
|---|---|---|---|---|---|
| Total comprehensive loss for the financial year: | |||||
| Balance as at 1 April 2023Singapore dollars thousands | 53,797 | 8,770 | (19,059) | 43,508 | PDF p. 66 |
| Loss for the financial yearSingapore dollars thousands | - | (6,382) | - | (6,382) | PDF p. 66 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | (3,480) | (3,480) | PDF p. 66 |
| TotalSingapore dollars thousands | - | (6,382) | (3,480) | (9,862) | PDF p. 66 |
| Balance as at 31 March 2024Singapore dollars thousands | 53,797 | 2,388 | (22,539) | 33,646 | PDF p. 66 |
Definitions & sources
Original report: PDF p. 66 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Group and Company financial position / FY2024 original annual source
40 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | 2024Company | 2023Company | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and bank balancesSingapore dollars thousands | 9,058 | 11,001 | 92 | 73 | PDF p. 61 |
| Trade receivablesSingapore dollars thousands | 9,983 | 11,824 | - | - | PDF p. 61 |
| Other receivables and prepaymentsSingapore dollars thousands | 990 | 6,494 | 334 | 11 | PDF p. 61 |
| Amount due from subsidiariesSingapore dollars thousands | - | - | 4,920 | 10,445 | PDF p. 61 |
| Held-for-trading investmentsSingapore dollars thousands | 81 | 108 | - | - | PDF p. 61 |
| InventoriesSingapore dollars thousands | 902 | 1,052 | - | - | PDF p. 61 |
| Contract assetsSingapore dollars thousands | 15,623 | 25,911 | - | - | PDF p. 61 |
| Total current assetsSingapore dollars thousands | 36,637 | 56,390 | 5,346 | 10,529 | PDF p. 61 |
| Non-current assets | |||||
| Other receivablesSingapore dollars thousands | 41,296 | 41,635 | - | - | PDF p. 61 |
| Property, plant and equipmentSingapore dollars thousands | 1,722 | 2,106 | - | - | PDF p. 61 |
| Right-of-use assetsSingapore dollars thousands | 1,334 | 1,907 | - | - | PDF p. 61 |
| Investment in subsidiariesSingapore dollars thousands | - | - | 35,706 | 35,706 | PDF p. 61 |
| Investment in associates and joint ventureSingapore dollars thousands | 23,813 | 4,230 | 1,732 | 1,732 | PDF p. 61 |
| InvestmentsSingapore dollars thousands | 15,062 | 19,520 | 11,495 | 14,976 | PDF p. 61 |
| Deferred tax assetsSingapore dollars thousands | 1,668 | 1,254 | - | - | PDF p. 61 |
| Total non-current assetsSingapore dollars thousands | 84,895 | 70,652 | 48,933 | 52,414 | PDF p. 61 |
| Total assetsSingapore dollars thousands | 121,532 | 127,042 | 54,279 | 62,943 | PDF p. 61 |
| Current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 7,983 | 8,458 | - | - | PDF p. 62 |
| Trade payablesSingapore dollars thousands | 21,956 | 24,859 | - | - | PDF p. 62 |
| Bills payablesSingapore dollars thousands | 16,554 | 23,607 | - | - | PDF p. 62 |
| Other payablesSingapore dollars thousands | 1,694 | 2,150 | 333 | 701 | PDF p. 62 |
| Contract liabilitiesSingapore dollars thousands | 1,243 | 2,272 | - | - | PDF p. 62 |
| Lease liabilitiesSingapore dollars thousands | 438 | 429 | - | - | PDF p. 62 |
| Amount due to a subsidiarySingapore dollars thousands | - | - | 20,266 | 18,734 | PDF p. 62 |
| Provision for liabilitiesSingapore dollars thousands | 982 | 865 | - | - | PDF p. 62 |
| Income tax payableSingapore dollars thousands | 34 | 104 | 34 | - | PDF p. 62 |
| Total current liabilitiesSingapore dollars thousands | 50,884 | 62,744 | 20,633 | 19,435 | PDF p. 62 |
| Non-current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 216 | 1,500 | - | - | PDF p. 62 |
| Lease liabilitiesSingapore dollars thousands | 249 | 694 | - | - | PDF p. 62 |
| Deferred tax liabilitiesSingapore dollars thousands | 142 | - | - | - | PDF p. 62 |
| Total non-current liabilitiesSingapore dollars thousands | 607 | 2,194 | - | - | PDF p. 62 |
| Total liabilitiesSingapore dollars thousands | 51,491 | 64,938 | 20,633 | 19,435 | PDF p. 62 |
| Capital and reserves | |||||
| Share capitalSingapore dollars thousands | 53,797 | 53,797 | 53,797 | 53,797 | PDF p. 62 |
| Retained earningsSingapore dollars thousands | 45,470 | 33,068 | 2,388 | 8,770 | PDF p. 62 |
| Foreign currency translation reserveSingapore dollars thousands | (156) | (182) | - | - | PDF p. 62 |
| Investment revaluation reserveSingapore dollars thousands | (29,005) | (24,535) | (22,539) | (19,059) | PDF p. 62 |
| Equity attributable to owners of the CompanySingapore dollars thousands | 70,106 | 62,148 | 33,646 | 43,508 | PDF p. 62 |
| Non-controlling interestsSingapore dollars thousands | (65) | (44) | - | - | PDF p. 62 |
| Total equitySingapore dollars thousands | 70,041 | 62,104 | 33,646 | 43,508 | PDF p. 62 |
| Total liabilities and equitySingapore dollars thousands | 121,532 | 127,042 | 54,279 | 62,943 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 61 ↗ PDF p. 62 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Group consolidated income and comprehensive income / FY2024 original annual source
21 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| income | |||
| RevenueSingapore dollars thousands | 95,518 | 92,433 | PDF p. 63 |
| Cost of salesSingapore dollars thousands | (94,208) | (91,978) | PDF p. 63 |
| Gross profitSingapore dollars thousands | 1,310 | 455 | PDF p. 63 |
| Other operating incomeSingapore dollars thousands | 2,802 | 1,337 | PDF p. 63 |
| Administrative expensesSingapore dollars thousands | (5,456) | (8,482) | PDF p. 63 |
| Share of profit of associates and joint venture, net of taxSingapore dollars thousands | 19,607 | 12 | PDF p. 63 |
| (Loss allowance)/Write-back of loss allowance on trade receivables, other receivables and contract assetsSingapore dollars thousands | (4,434) | 2,352 | PDF p. 63 |
| Finance costsSingapore dollars thousands | (1,745) | (1,275) | PDF p. 63 |
| Profit/(Loss) before income taxSingapore dollars thousands | 12,084 | (5,601) | PDF p. 63 |
| Income tax creditSingapore dollars thousands | 297 | 782 | PDF p. 63 |
| Profit/(Loss) for the financial yearSingapore dollars thousands | 12,381 | (4,819) | PDF p. 63 |
| Item that will not be reclassified subsequently to profit or loss | |||
| Net fair value loss in equity securities carried at fair value through other comprehensive income (“FVTOCI”)Singapore dollars thousands | (4,470) | (2,093) | PDF p. 63 |
| Item that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translation of foreign operationsSingapore dollars thousands | 26 | (92) | PDF p. 63 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | (4,444) | (2,185) | PDF p. 63 |
| Total comprehensive income /(loss) for the financial yearSingapore dollars thousands | 7,937 | (7,004) | PDF p. 63 |
| Profit/(Loss) of the financial year attributable to: | |||
| Owners of the CompanySingapore dollars thousands | 12,402 | (4,794) | PDF p. 63 |
| Non-controlling interestsSingapore dollars thousands | (21) | (25) | PDF p. 63 |
| SubtotalSingapore dollars thousands | 12,381 | (4,819) | PDF p. 63 |
| Total comprehensive income /(loss) attributable to: | |||
| Owners of the CompanySingapore dollars thousands | 7,958 | (6,979) | PDF p. 63 |
| Non-controlling interestsSingapore dollars thousands | (21) | (25) | PDF p. 63 |
| SubtotalSingapore dollars thousands | 7,937 | (7,004) | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Group consolidated cash flows / FY2024 original annual source
49 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Operating activities | |||
| Profit/(Loss) before income taxSingapore dollars thousands | 12,084 | (5,601) | PDF p. 66 |
| Adjustments for: | |||
| Reversal of written down for inventory obsolescenceSingapore dollars thousands | (25) | (146) | PDF p. 66 |
| Bad debt written offSingapore dollars thousands | 1 | - | PDF p. 66 |
| Contract assets written offSingapore dollars thousands | - | 1,047 | PDF p. 66 |
| Change in fair value of held-for-trading investmentsSingapore dollars thousands | 27 | 54 | PDF p. 66 |
| Change in fair value of insurance contractSingapore dollars thousands | (12) | (2) | PDF p. 66 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | 635 | 607 | PDF p. 66 |
| Depreciation of right-of-use assetsSingapore dollars thousands | 525 | 536 | PDF p. 66 |
| Dividend income from held-for-trading investmentsSingapore dollars thousands | - | (*) | PDF p. 66 |
| Dividend income from investment in equity securities carried at FVTOCISingapore dollars thousands | (416) | - | PDF p. 66 |
| Loss/(Gain) on disposal of property, plant and equipmentSingapore dollars thousands | 27 | (70) | PDF p. 66 |
| Loss/(Gain) on disposal of right-of-use assetsSingapore dollars thousands | 5 | (5) | PDF p. 66 |
| Inventories written offSingapore dollars thousands | 7 | 158 | PDF p. 66 |
| Held-for-trading investments written offSingapore dollars thousands | * | - | PDF p. 66 |
| Interest incomeSingapore dollars thousands | (1,979) | (881) | PDF p. 66 |
| Interest expenseSingapore dollars thousands | 1,745 | 1,275 | PDF p. 66 |
| Loss allowance/(Write-back of loss allowance) for trade receivables, other receivables and contract assetsSingapore dollars thousands | 4,434 | (2,352) | PDF p. 66 |
| Share of profit of associates and joint venture, net of taxSingapore dollars thousands | (19,607) | (12) | PDF p. 66 |
| Addition/(Reversal) of provision for liabilitiesSingapore dollars thousands | 243 | (184) | PDF p. 66 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | (2,306) | (5,576) | PDF p. 66 |
| Trade receivablesSingapore dollars thousands | 1,598 | (4,460) | PDF p. 66 |
| Other receivables and prepaymentsSingapore dollars thousands | (179) | (36) | PDF p. 66 |
| Contract assetsSingapore dollars thousands | 10,306 | (3,770) | PDF p. 66 |
| Contract liabilitiesSingapore dollars thousands | (1,029) | 213 | PDF p. 66 |
| InventoriesSingapore dollars thousands | 168 | 328 | PDF p. 66 |
| Trade payablesSingapore dollars thousands | (2,903) | 9,366 | PDF p. 66 |
| Other payablesSingapore dollars thousands | (456) | 460 | PDF p. 66 |
| Provision for liabilitiesSingapore dollars thousands | (126) | (1,179) | PDF p. 66 |
| Cash generated from/(used in) operationsSingapore dollars thousands | 5,073 | (4,654) | PDF p. 66 |
| Income taxes paidSingapore dollars thousands | (58) | (452) | PDF p. 66 |
| Interest paidSingapore dollars thousands | (1,745) | (1,275) | PDF p. 66 |
| Net cash from/(used in) operating activitiesSingapore dollars thousands | 3,270 | (6,381) | PDF p. 66 |
| Investing activities | |||
| Interest receivedSingapore dollars thousands | 14 | 28 | PDF p. 67 |
| Increase in investment in an associateSingapore dollars thousands | - | (125) | PDF p. 67 |
| Repayments from associates and joint ventureSingapore dollars thousands | 4,308 | 67 | PDF p. 67 |
| Dividends received from held-for-trading investmentsSingapore dollars thousands | - | * | PDF p. 67 |
| Dividends received from investment in equity securities carried at FVTOCISingapore dollars thousands | 93 | - | PDF p. 67 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (515) | (754) | PDF p. 67 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 77 | 98 | PDF p. 67 |
| Proceeds from disposal of right-of-use assetsSingapore dollars thousands | 43 | 45 | PDF p. 67 |
| Net cash from/(used in) investing activitiesSingapore dollars thousands | 4,020 | (641) | PDF p. 67 |
| Financing activities | |||
| Repayments of lease liabilitiesSingapore dollars thousands | (436) | (511) | PDF p. 67 |
| (Repayments of)/Proceeds from bills payables, netSingapore dollars thousands | (7,053) | 2,135 | PDF p. 67 |
| Repayments of bank borrowingsSingapore dollars thousands | (1,759) | (1,233) | PDF p. 67 |
| Net cash (used in)/from financing activitiesSingapore dollars thousands | (9,248) | 391 | PDF p. 67 |
| Net decrease cash and cash equivalentsSingapore dollars thousands | (1,958) | (6,631) | PDF p. 67 |
| Cash and cash equivalents at beginning of the financial yearSingapore dollars thousands | 11,001 | 17,649 | PDF p. 67 |
| Effect of foreign exchange rate changes on balances held in foreign currenciesSingapore dollars thousands | 15 | (17) | PDF p. 67 |
| Cash and cash equivalents at end of the financial year (Note 5)Singapore dollars thousands | 9,058 | 11,001 | PDF p. 67 |
Definitions & sources
Original report: PDF p. 66 ↗ PDF p. 67 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
FY2023 original prints financial guarantee fee income adjustment (79), operating cash before working capital (5,655), and other payables movement 539. FY2024 comparative prints no separate guarantee adjustment, operating cash (5,576), and other payables movement 460. Both presentations retain net operating cash (6,381); the source does not explain the presentation change.
FY2023 comparative splits bills payables financing from trade payables operating cash. FY2022 original combines trade and bills payables in operating cash. Preserve each original presentation; equal ending cash does not establish identical classification.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Group basic and diluted earnings or loss per share / FY2024 original annual source
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Earnings/(Losses) per share (cents) | |||
| Basic and dilutedSingapore cents per share | 1.78 | (0.69) | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Group changes in equity / FY2024 components / FY2024 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / Share capital | 2024Group / Retained earnings | 2024Group / Foreign currency translation reserve | 2024Group / Investment revaluation reserve | 2024Group / Equity attributable to owners | 2024Group / Non-controlling interests | 2024Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| Balance as at 1 April 2023Singapore dollars thousands | 53,797 | 33,068 | (182) | (24,535) | 62,148 | (44) | 62,104 | PDF p. 64 |
| the financial year: | ||||||||
| Profit for the financial yearSingapore dollars thousands | - | 12,402 | - | - | 12,402 | (21) | 12,381 | PDF p. 64 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | 26 | (4,470) | (4,444) | - | (4,444) | PDF p. 64 |
| TotalSingapore dollars thousands | - | 12,402 | 26 | (4,470) | 7,958 | (21) | 7,937 | PDF p. 64 |
| Balance as at 31 March 2024Singapore dollars thousands | 53,797 | 45,470 | (156) | (29,005) | 70,106 | (65) | 70,041 | PDF p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Group changes in equity / FY2023 components / FY2024 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / Share capital | 2023Group / Retained earnings | 2023Group / Foreign currency translation reserve | 2023Group / Investment revaluation reserve | 2023Group / Equity attributable to owners | 2023Group / Non-controlling interests | 2023Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| the financial year: | ||||||||
| Balance as at 1 April 2022Singapore dollars thousands | 53,797 | 37,862 | (90) | (22,442) | 69,127 | (19) | 69,108 | PDF p. 64 |
| financial year: | ||||||||
| Loss for the financial yearSingapore dollars thousands | - | (4,794) | - | - | (4,794) | (25) | (4,819) | PDF p. 64 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | (92) | (2,093) | (2,185) | - | (2,185) | PDF p. 64 |
| TotalSingapore dollars thousands | - | (4,794) | (92) | (2,093) | (6,979) | (25) | (7,004) | PDF p. 64 |
| Balance as at 31 March 2023Singapore dollars thousands | 53,797 | 33,068 | (182) | (24,535) | 62,148 | (44) | 62,104 | PDF p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Company changes in equity / FY2024 components / FY2024 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Company / Share capital | 2024Company / Retained earnings | 2024Company / Investment revaluation reserve | 2024Company / Total equity | Source |
|---|---|---|---|---|---|
| Company | |||||
| Balance as at 1 April 2023Singapore dollars thousands | 53,797 | 8,770 | (19,059) | 43,508 | PDF p. 65 |
| Total comprehensive loss for the financial year: | |||||
| Loss for the financial yearSingapore dollars thousands | - | (6,382) | - | (6,382) | PDF p. 65 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | (3,480) | (3,480) | PDF p. 65 |
| TotalSingapore dollars thousands | - | (6,382) | (3,480) | (9,862) | PDF p. 65 |
| Balance as at 31 March 2024Singapore dollars thousands | 53,797 | 2,388 | (22,539) | 33,646 | PDF p. 65 |
Definitions & sources
Original report: PDF p. 65 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Company changes in equity / FY2023 components / FY2024 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Company / Share capital | 2023Company / Retained earnings | 2023Company / Investment revaluation reserve | 2023Company / Total equity | Source |
|---|---|---|---|---|---|
| Total comprehensive loss for the financial year: | |||||
| Balance as at 1 April 2022Singapore dollars thousands | 53,797 | 4,968 | (17,432) | 41,333 | PDF p. 65 |
| Total comprehensive income for the financial year: | |||||
| Profit for the financial yearSingapore dollars thousands | - | 3,802 | - | 3,802 | PDF p. 65 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | (1,627) | (1,627) | PDF p. 65 |
| TotalSingapore dollars thousands | - | 3,802 | (1,627) | 2,175 | PDF p. 65 |
| Balance as at 31 March 2023Singapore dollars thousands | 53,797 | 8,770 | (19,059) | 43,508 | PDF p. 65 |
Definitions & sources
Original report: PDF p. 65 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Group and Company financial position / FY2023 original annual source
39 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | 2023Company | 2022Company | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and bank balancesSingapore dollars thousands | 11,001 | 17,649 | 73 | 4,516 | PDF p. 60 |
| Trade receivablesSingapore dollars thousands | 11,824 | 7,795 | - | - | PDF p. 60 |
| Other receivables and prepaymentsSingapore dollars thousands | 6,494 | 6,458 | 11 | 12 | PDF p. 60 |
| Amount due from subsidiariesSingapore dollars thousands | - | - | 10,445 | 5,428 | PDF p. 60 |
| Held-for-trading investmentsSingapore dollars thousands | 108 | 162 | - | - | PDF p. 60 |
| InventoriesSingapore dollars thousands | 1,052 | 1,392 | - | - | PDF p. 60 |
| Contract assetsSingapore dollars thousands | 25,911 | 23,226 | - | - | PDF p. 60 |
| Total current assetsSingapore dollars thousands | 56,390 | 56,682 | 10,529 | 9,956 | PDF p. 60 |
| Non-current assets | |||||
| Other receivablesSingapore dollars thousands | 41,635 | 38,085 | - | - | PDF p. 60 |
| Property, plant and equipmentSingapore dollars thousands | 2,106 | 1,987 | - | - | PDF p. 60 |
| Right-of-use assetsSingapore dollars thousands | 1,907 | 2,324 | - | - | PDF p. 60 |
| Investment in subsidiariesSingapore dollars thousands | - | - | 35,706 | 31,706 | PDF p. 60 |
| Investment in associates and joint ventureSingapore dollars thousands | 4,230 | 4,115 | 1,732 | 942 | PDF p. 60 |
| InvestmentsSingapore dollars thousands | 19,520 | 21,611 | 14,976 | 16,602 | PDF p. 60 |
| Deferred tax assetsSingapore dollars thousands | 1,254 | 359 | - | - | PDF p. 60 |
| Total non-current assetsSingapore dollars thousands | 70,652 | 68,481 | 52,414 | 49,250 | PDF p. 60 |
| Total assetsSingapore dollars thousands | 127,042 | 125,163 | 62,943 | 59,206 | PDF p. 60 |
| Current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 8,458 | 8,433 | - | - | PDF p. 61 |
| Trade payablesSingapore dollars thousands | 24,859 | 15,493 | - | - | PDF p. 61 |
| Bills payablesSingapore dollars thousands | 23,607 | 21,472 | - | - | PDF p. 61 |
| Other payablesSingapore dollars thousands | 2,150 | 1,691 | 701 | 543 | PDF p. 61 |
| Contract liabilitiesSingapore dollars thousands | 2,272 | 2,059 | - | - | PDF p. 61 |
| Lease liabilitiesSingapore dollars thousands | 429 | 457 | - | - | PDF p. 61 |
| Amount due to a subsidiarySingapore dollars thousands | - | - | 18,734 | 17,330 | PDF p. 61 |
| Provision for liabilitiesSingapore dollars thousands | 865 | 2,228 | - | - | PDF p. 61 |
| Income tax payableSingapore dollars thousands | 104 | 446 | - | - | PDF p. 61 |
| Total current liabilitiesSingapore dollars thousands | 62,744 | 52,279 | 19,435 | 17,873 | PDF p. 61 |
| Non-current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 1,500 | 2,758 | - | - | PDF p. 61 |
| Lease liabilitiesSingapore dollars thousands | 694 | 1,018 | - | - | PDF p. 61 |
| Total non-current liabilitiesSingapore dollars thousands | 2,194 | 3,776 | - | - | PDF p. 61 |
| Total liabilitiesSingapore dollars thousands | 64,938 | 56,055 | 19,435 | 17,873 | PDF p. 61 |
| Capital and reserves | |||||
| Share capitalSingapore dollars thousands | 53,797 | 53,797 | 53,797 | 53,797 | PDF p. 61 |
| Retained earningsSingapore dollars thousands | 33,068 | 37,862 | 8,770 | 4,968 | PDF p. 61 |
| Foreign currency translation reserveSingapore dollars thousands | (182) | (90) | - | - | PDF p. 61 |
| Investment revaluation reserveSingapore dollars thousands | (24,535) | (22,442) | (19,059) | (17,432) | PDF p. 61 |
| Equity attributable to owners of the CompanySingapore dollars thousands | 62,148 | 69,127 | 43,508 | 41,333 | PDF p. 61 Label p. 61 |
| Company | |||||
| Non-controlling interestsSingapore dollars thousands | (44) | (19) | - | - | PDF p. 61 |
| Total equitySingapore dollars thousands | 62,104 | 69,108 | 43,508 | 41,333 | PDF p. 61 |
| Total liabilities and equitySingapore dollars thousands | 127,042 | 125,163 | 62,943 | 59,206 | PDF p. 61 |
Definitions & sources
Original report: PDF p. 60 ↗ PDF p. 61 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Group consolidated income and comprehensive income / FY2023 original annual source
21 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| income | |||
| RevenueSingapore dollars thousands | 92,433 | 77,192 | PDF p. 62 |
| Cost of salesSingapore dollars thousands | (91,978) | (69,468) | PDF p. 62 |
| Gross profitSingapore dollars thousands | 455 | 7,724 | PDF p. 62 |
| Other operating incomeSingapore dollars thousands | 1,337 | 1,313 | PDF p. 62 |
| Administrative expensesSingapore dollars thousands | (8,482) | (5,496) | PDF p. 62 |
| Share of profit of associates and joint venture, net of taxSingapore dollars thousands | 12 | 179 | PDF p. 62 |
| Write-back of loss allowance/(Loss allowance) on trade receivables, other receivables and contract assetsSingapore dollars thousands | 2,352 | (2,507) | PDF p. 62 |
| Finance costsSingapore dollars thousands | (1,275) | (665) | PDF p. 62 |
| (Loss)/Profit before income taxSingapore dollars thousands | (5,601) | 548 | PDF p. 62 |
| Income tax creditSingapore dollars thousands | 782 | 35 | PDF p. 62 |
| (Loss)/Profit for the financial yearSingapore dollars thousands | (4,819) | 583 | PDF p. 62 |
| Item that will not be reclassified subsequently to profit or loss | |||
| Net fair value (loss)/gain in equity securities carried at fair value through other comprehensive income (“FVTOCI”)Singapore dollars thousands | (2,093) | 2,436 | PDF p. 62 |
| Item that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translation of foreign operationsSingapore dollars thousands | (92) | - | PDF p. 62 |
| Other comprehensive (loss)/income for the financial yearSingapore dollars thousands | (2,185) | 2,436 | PDF p. 62 |
| Total comprehensive (loss)/income for the financial yearSingapore dollars thousands | (7,004) | 3,019 | PDF p. 62 |
| (Loss)/Profit of the financial year attributable to: | |||
| Owners of the CompanySingapore dollars thousands | (4,794) | 605 | PDF p. 62 |
| Non-controlling interestsSingapore dollars thousands | (25) | (22) | PDF p. 62 |
| SubtotalSingapore dollars thousands | (4,819) | 583 | PDF p. 62 |
| Total comprehensive (loss)/income attributable to: | |||
| Owners of the CompanySingapore dollars thousands | (6,979) | 3,041 | PDF p. 62 |
| Non-controlling interestsSingapore dollars thousands | (25) | (22) | PDF p. 62 |
| SubtotalSingapore dollars thousands | (7,004) | 3,019 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 62 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Group consolidated cash flows / FY2023 original annual source
52 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| Operating activities | |||
| (Loss)/Profit before income taxSingapore dollars thousands | (5,601) | 548 | PDF p. 65 |
| Adjustments for: | |||
| Reversal of written down for inventory obsolescenceSingapore dollars thousands | (146) | (56) | PDF p. 65 |
| Bad debt written offSingapore dollars thousands | - | 13 | PDF p. 65 |
| Contract assets written offSingapore dollars thousands | 1,047 | - | PDF p. 65 |
| Change in fair value of held-for-trading investmentsSingapore dollars thousands | 54 | (5) | PDF p. 65 |
| Change in fair value of insurance contractSingapore dollars thousands | (2) | (8) | PDF p. 65 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | 607 | 592 | PDF p. 65 |
| Depreciation of right-of-use assetsSingapore dollars thousands | 536 | 496 | PDF p. 65 |
| Dividend income from held-for-trading investmentsSingapore dollars thousands | (*) | (*) | PDF p. 65 |
| Dividend income from investment in equity securities carried at FVTOCISingapore dollars thousands | - | (472) | PDF p. 65 |
| Fee income from financial guarantee to associates and joint ventureSingapore dollars thousands | (79) | (97) | PDF p. 65 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (70) | (80) | PDF p. 65 |
| Gain on disposal of right-of-use assetsSingapore dollars thousands | (5) | - | PDF p. 65 |
| Inventories written offSingapore dollars thousands | 158 | - | PDF p. 65 |
| Interest incomeSingapore dollars thousands | (881) | (729) | PDF p. 65 |
| Interest expenseSingapore dollars thousands | 1,275 | 665 | PDF p. 65 |
| (Write-back of loss allowance)/Loss allowance for trade receivables, other receivables and contract assetsSingapore dollars thousands | (2,352) | 2,507 | PDF p. 65 |
| Share of profit of associates and joint venture, net of taxSingapore dollars thousands | (12) | (179) | PDF p. 65 |
| (Reversal of)/Provision for liabilitiesSingapore dollars thousands | (184) | 13 | PDF p. 65 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | (5,655) | 3,208 | PDF p. 65 |
| Trade receivablesSingapore dollars thousands | (4,460) | 1,249 | PDF p. 65 |
| Other receivables and prepaymentsSingapore dollars thousands | (36) | 197 | PDF p. 65 |
| Contract assetsSingapore dollars thousands | (3,770) | (841) | PDF p. 65 |
| Contract liabilitiesSingapore dollars thousands | 213 | 331 | PDF p. 65 |
| InventoriesSingapore dollars thousands | 328 | (133) | PDF p. 65 |
| Trade payablesSingapore dollars thousands | 9,366 | (1,957) | PDF p. 65 |
| Other payablesSingapore dollars thousands | 539 | 93 | PDF p. 65 |
| Provision for liabilitiesSingapore dollars thousands | (1,179) | (106) | PDF p. 65 |
| Cash (used in)/generated from operationsSingapore dollars thousands | (4,654) | 2,041 | PDF p. 65 |
| Income taxes paidSingapore dollars thousands | (452) | (312) | PDF p. 65 |
| Interest paidSingapore dollars thousands | (1,275) | (665) | PDF p. 65 |
| Net cash (used in)/from operating activitiesSingapore dollars thousands | (6,381) | 1,064 | PDF p. 65 |
| Investing activities | |||
| Interest receivedSingapore dollars thousands | 28 | 8 | PDF p. 66 |
| Increase in investment in an associateSingapore dollars thousands | (125) | - | PDF p. 66 |
| Repayments from/(Advances to) associates and joint ventureSingapore dollars thousands | 67 | (163) | PDF p. 66 |
| Dividends received from held-for-trading investmentsSingapore dollars thousands | * | * | PDF p. 66 |
| Dividends received from investment in equity securities carried at FVTOCISingapore dollars thousands | - | 472 | PDF p. 66 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (754) | (601) | PDF p. 66 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 98 | 119 | PDF p. 66 |
| Proceeds from disposal of right-of-use assetsSingapore dollars thousands | 45 | - | PDF p. 66 |
| Additions to right-of-use assets (Note A)Singapore dollars thousands | - | (65) | PDF p. 66 |
| Net cash used in investing activitiesSingapore dollars thousands | (641) | (230) | PDF p. 66 |
| Financing activities | |||
| Repayments of lease liabilitiesSingapore dollars thousands | (511) | (552) | PDF p. 66 |
| Proceeds from issuance of sharesSingapore dollars thousands | - | 6,983 | PDF p. 66 |
| Proceeds from issuance of shares in a subsidiary to non-controlling interestsSingapore dollars thousands | - | 3 | PDF p. 66 |
| Proceeds from bills payablesSingapore dollars thousands | 2,135 | 2,886 | PDF p. 66 |
| Repayments of bank borrowingsSingapore dollars thousands | (1,233) | (3,634) | PDF p. 66 |
| Net cash from financing activitiesSingapore dollars thousands | 391 | 5,686 | PDF p. 66 |
| Net (decrease)/increase in cash and cash equivalentsSingapore dollars thousands | (6,631) | 6,520 | PDF p. 66 |
| Cash and cash equivalents at the beginning of the financial yearSingapore dollars thousands | 17,649 | 11,130 | PDF p. 66 |
| Effect of foreign exchange rate changes on balances held in foreign currenciesSingapore dollars thousands | (17) | (1) | PDF p. 66 |
| Cash and cash equivalents at end of the financial year (Note 5)Singapore dollars thousands | 11,001 | 17,649 | PDF p. 66 |
Definitions & sources
Original report: PDF p. 65 ↗ PDF p. 66 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
FY2023 original prints financial guarantee fee income adjustment (79), operating cash before working capital (5,655), and other payables movement 539. FY2024 comparative prints no separate guarantee adjustment, operating cash (5,576), and other payables movement 460. Both presentations retain net operating cash (6,381); the source does not explain the presentation change.
FY2023 comparative splits bills payables financing from trade payables operating cash. FY2022 original combines trade and bills payables in operating cash. Preserve each original presentation; equal ending cash does not establish identical classification.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Group basic and diluted earnings or loss per share / FY2023 original annual source
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| (Losses)/Earnings per share (cents) | |||
| Basic and dilutedSingapore cents per share | (0.69) | 0.10 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 62 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Group changes in equity / FY2023 components / FY2023 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / Share capital | 2023Group / Retained earnings | 2023Group / Foreign currency translation reserve | 2023Group / Investment revaluation reserve | 2023Group / Equity attributable to owners | 2023Group / Non-controlling interests | 2023Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| Balance as at 1 April 2022Singapore dollars thousands | 53,797 | 37,862 | (90) | (22,442) | 69,127 | (19) | 69,108 | PDF p. 63 |
| for the financial year: | ||||||||
| Loss for the financial yearSingapore dollars thousands | - | (4,794) | - | - | (4,794) | (25) | (4,819) | PDF p. 63 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | (92) | (2,093) | (2,185) | - | (2,185) | PDF p. 63 |
| TotalSingapore dollars thousands | - | (4,794) | (92) | (2,093) | (6,979) | (25) | (7,004) | PDF p. 63 |
| Balance as at 31 March 2023Singapore dollars thousands | 53,797 | 33,068 | (182) | (24,535) | 62,148 | (44) | 62,104 | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Group changes in equity / FY2022 components / FY2023 original annual source
8 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / Share capital | 2022Group / Retained earnings | 2022Group / Foreign currency translation reserve | 2022Group / Investment revaluation reserve | 2022Group / Equity attributable to owners | 2022Group / Non-controlling interests | 2022Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| for the financial year: | ||||||||
| Balance as at 1 April 2021Singapore dollars thousands | 46,814 | 37,257 | (90) | (24,878) | 59,103 | - | 59,103 | PDF p. 63 |
| Profit for the financial yearSingapore dollars thousands | - | 605 | - | - | 605 | (22) | 583 | PDF p. 63 |
| Other comprehensive income for the financial yearSingapore dollars thousands | - | - | - | 2,436 | 2,436 | - | 2,436 | PDF p. 63 |
| TotalSingapore dollars thousands | - | 605 | - | 2,436 | 3,041 | (22) | 3,019 | PDF p. 63 |
| directly in equity: | ||||||||
| Increase in share capitalSingapore dollars thousands | 6,983 | - | - | - | 6,983 | - | 6,983 | PDF p. 63 |
| Transaction with non- controlling interests arising from incorporation of a subsidiarySingapore dollars thousands | - | - | - | - | - | 3 | 3 | PDF p. 63 |
| TotalSingapore dollars thousands | 6,983 | - | - | - | 6,983 | 3 | 6,986 | PDF p. 63 |
| Balance as at 31 March 2022Singapore dollars thousands | 53,797 | 37,862 | (90) | (22,442) | 69,127 | (19) | 69,108 | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Company changes in equity / FY2023 components / FY2023 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Company / Share capital | 2023Company / Retained earnings | 2023Company / Investment revaluation reserve | 2023Company / Total equity | Source |
|---|---|---|---|---|---|
| Company | |||||
| Balance as at 1 April 2022Singapore dollars thousands | 53,797 | 4,968 | (17,432) | 41,333 | PDF p. 64 |
| for the financial year: | |||||
| Profit for the financial yearSingapore dollars thousands | - | 3,802 | - | 3,802 | PDF p. 64 |
| Other comprehensive loss for the financial yearSingapore dollars thousands | - | - | (1,627) | (1,627) | PDF p. 64 |
| TotalSingapore dollars thousands | - | 3,802 | (1,627) | 2,175 | PDF p. 64 |
| Balance as at 31 March 2023Singapore dollars thousands | 53,797 | 8,770 | (19,059) | 43,508 | PDF p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Company changes in equity / FY2022 components / FY2023 original annual source
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Company / Share capital | 2022Company / Retained earnings | 2022Company / Investment revaluation reserve | 2022Company / Total equity | Source |
|---|---|---|---|---|---|
| for the financial year: | |||||
| Balance as at 1 April 2021Singapore dollars thousands | 46,814 | 5,936 | (19,324) | 33,426 | PDF p. 64 |
| Loss for the financial yearSingapore dollars thousands | - | (968) | - | (968) | PDF p. 64 |
| Other comprehensive income for the financial yearSingapore dollars thousands | - | - | 1,892 | 1,892 | PDF p. 64 |
| TotalSingapore dollars thousands | - | (968) | 1,892 | 924 | PDF p. 64 |
| directly in equity: | |||||
| Increase in share capitalSingapore dollars thousands | 6,983 | - | - | 6,983 | PDF p. 64 |
| Balance as at 31 March 2022Singapore dollars thousands | 53,797 | 4,968 | (17,432) | 41,333 | PDF p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Group and Company financial position / FY2022 original annual source
38 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | 2022Company | 2021Company | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and bank balancesSingapore dollars thousands | 17,649 | 11,130 | 4,516 | 120 | PDF p. 56 |
| Trade receivablesSingapore dollars thousands | 7,795 | 10,359 | - | - | PDF p. 56 |
| Other receivables and prepaymentsSingapore dollars thousands | 6,458 | 6,661 | 12 | 15 | PDF p. 56 |
| Amount due from subsidiariesSingapore dollars thousands | - | - | 5,428 | 5,244 | PDF p. 56 |
| Held-for-trading investmentsSingapore dollars thousands | 162 | 157 | - | - | PDF p. 56 |
| InventoriesSingapore dollars thousands | 1,392 | 1,203 | - | - | PDF p. 56 |
| Contract assetsSingapore dollars thousands | 23,226 | 22,746 | - | - | PDF p. 56 |
| Total current assetsSingapore dollars thousands | 56,682 | 52,256 | 9,956 | 5,379 | PDF p. 56 |
| Non-current assets | |||||
| Other receivablesSingapore dollars thousands | 38,085 | 38,021 | - | - | PDF p. 56 |
| Property, plant and equipmentSingapore dollars thousands | 1,987 | 2,017 | - | - | PDF p. 56 |
| Right-of-use assetsSingapore dollars thousands | 2,324 | 2,334 | - | - | PDF p. 56 |
| Investment in subsidiariesSingapore dollars thousands | - | - | 31,706 | 31,699 | PDF p. 56 |
| Investment in associates and joint ventureSingapore dollars thousands | 4,115 | 3,953 | 942 | 942 | PDF p. 56 |
| InvestmentsSingapore dollars thousands | 21,611 | 19,167 | 16,602 | 14,710 | PDF p. 56 |
| Deferred tax assetsSingapore dollars thousands | 359 | 500 | - | - | PDF p. 56 |
| Total non-current assetsSingapore dollars thousands | 68,481 | 65,992 | 49,250 | 47,351 | PDF p. 56 |
| Total assetsSingapore dollars thousands | 125,163 | 118,248 | 59,206 | 52,730 | PDF p. 56 |
| Current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 8,433 | 10,867 | - | - | PDF p. 57 |
| Trade payables and bills payablesSingapore dollars thousands | 36,965 | 36,036 | - | - | PDF p. 57 |
| Other payablesSingapore dollars thousands | 1,691 | 1,695 | 543 | 667 | PDF p. 57 |
| Contract liabilitiesSingapore dollars thousands | 2,059 | 1,728 | - | - | PDF p. 57 |
| Lease liabilitiesSingapore dollars thousands | 457 | 522 | - | - | PDF p. 57 |
| Amount due to a subsidiarySingapore dollars thousands | - | - | 17,330 | 18,635 | PDF p. 57 |
| Provision for liabilitiesSingapore dollars thousands | 2,228 | 2,321 | - | - | PDF p. 57 |
| Income tax payableSingapore dollars thousands | 446 | 934 | - | 2 | PDF p. 57 |
| Total current liabilitiesSingapore dollars thousands | 52,279 | 54,103 | 17,873 | 19,304 | PDF p. 57 |
| Non-current liabilities | |||||
| Bank borrowingsSingapore dollars thousands | 2,758 | 3,958 | - | - | PDF p. 57 |
| Lease liabilitiesSingapore dollars thousands | 1,018 | 1,084 | - | - | PDF p. 57 |
| Total non-current liabilitiesSingapore dollars thousands | 3,776 | 5,042 | - | - | PDF p. 57 |
| Total liabilitiesSingapore dollars thousands | 56,055 | 59,145 | 17,873 | 19,304 | PDF p. 57 |
| Capital and reserves | |||||
| Share capitalSingapore dollars thousands | 53,797 | 46,814 | 53,797 | 46,814 | PDF p. 57 |
| Retained earningsSingapore dollars thousands | 37,862 | 37,257 | 4,968 | 5,936 | PDF p. 57 |
| Foreign currency translation reserveSingapore dollars thousands | (90) | (90) | - | - | PDF p. 57 |
| Investment revaluation reserveSingapore dollars thousands | (22,442) | (24,878) | (17,432) | (19,324) | PDF p. 57 |
| Equity attributable to owners of the parentSingapore dollars thousands | 69,127 | 59,103 | 41,333 | 33,426 | PDF p. 57 |
| Non-controlling interestsSingapore dollars thousands | (19) | - | - | - | PDF p. 57 |
| Total equitySingapore dollars thousands | 69,108 | 59,103 | 41,333 | 33,426 | PDF p. 57 |
| Total liabilities and equitySingapore dollars thousands | 125,163 | 118,248 | 59,206 | 52,730 | PDF p. 57 |
Definitions & sources
Original report: PDF p. 56 ↗ PDF p. 57 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Group consolidated income and comprehensive income / FY2022 original annual source
22 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| income | |||
| RevenueSingapore dollars thousands | 77,192 | 45,906 | PDF p. 58 |
| Cost of salesSingapore dollars thousands | (69,468) | (42,891) | PDF p. 58 |
| Gross profitSingapore dollars thousands | 7,724 | 3,015 | PDF p. 58 |
| Other operating incomeSingapore dollars thousands | 1,313 | 1,872 | PDF p. 58 |
| Administrative expensesSingapore dollars thousands | (5,496) | (4,630) | PDF p. 58 |
| Other operating expensesSingapore dollars thousands | - | (119) | PDF p. 58 |
| Share of profit of associates and joint ventureSingapore dollars thousands | 179 | 161 | PDF p. 58 |
| Loss allowance on trade receivables, other receivables and contract assetsSingapore dollars thousands | (2,507) | (761) | PDF p. 58 |
| Finance costsSingapore dollars thousands | (665) | (942) | PDF p. 58 |
| Profit/(Loss) before income taxSingapore dollars thousands | 548 | (1,404) | PDF p. 58 |
| Income tax credit/(expense)Singapore dollars thousands | 35 | (85) | PDF p. 58 |
| Profit/(Loss) for the financial yearSingapore dollars thousands | 583 | (1,489) | PDF p. 58 |
| Item that will not be reclassified subsequently to profit or loss | |||
| Net fair value gain in equity securities carried at fair value through other comprehensive income (“FVTOCI”)Singapore dollars thousands | 2,436 | 5,023 | PDF p. 58 |
| Item that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translation of foreign operationsSingapore dollars thousands | - | (176) | PDF p. 58 |
| Other comprehensive income for the financial yearSingapore dollars thousands | 2,436 | 4,847 | PDF p. 58 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 3,019 | 3,358 | PDF p. 58 |
| Profit/(Loss) of the financial year attributable to: | |||
| Owners of the parentSingapore dollars thousands | 605 | (1,489) | PDF p. 58 |
| Non-controlling interestSingapore dollars thousands | (22) | - | PDF p. 58 |
| SubtotalSingapore dollars thousands | 583 | (1,489) | PDF p. 58 |
| Total comprehensive income attributable to: | |||
| Owners of the parentSingapore dollars thousands | 3,041 | 3,358 | PDF p. 58 |
| Non-controlling interestSingapore dollars thousands | (22) | - | PDF p. 58 |
| SubtotalSingapore dollars thousands | 3,019 | 3,358 | PDF p. 58 |
Definitions & sources
Original report: PDF p. 58 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Group consolidated cash flows / FY2022 original annual source
49 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Operating activities | |||
| Profit/(Loss) before income taxSingapore dollars thousands | 548 | (1,404) | PDF p. 61 |
| Adjustments for: | |||
| (Reversal)/Allowance for inventory obsolescenceSingapore dollars thousands | (56) | 33 | PDF p. 61 |
| Bad trade debt written off on trade receivablesSingapore dollars thousands | 13 | 6 | PDF p. 61 |
| Change in fair value of held-for-trading investmentsSingapore dollars thousands | (5) | 46 | PDF p. 61 |
| Change in fair value of insurance contractSingapore dollars thousands | (8) | 5 | PDF p. 61 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | 592 | 551 | PDF p. 61 |
| Depreciation of right-of-use assetsSingapore dollars thousands | 496 | 476 | PDF p. 61 |
| Dividend income from held-for-trading investmentsSingapore dollars thousands | (*) | (*) | PDF p. 61 |
| Dividend income from investment in equity securities carried at FVTOCISingapore dollars thousands | (472) | - | PDF p. 61 |
| Fee income from financial guarantee to associates and joint ventureSingapore dollars thousands | (97) | (116) | PDF p. 61 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (80) | (155) | PDF p. 61 |
| Inventories written offSingapore dollars thousands | - | 8 | PDF p. 61 |
| Interest incomeSingapore dollars thousands | (729) | (920) | PDF p. 61 |
| Interest expenseSingapore dollars thousands | 665 | 942 | PDF p. 61 |
| Loss allowance for trade receivables, other receivables and contract assetsSingapore dollars thousands | 2,507 | 761 | PDF p. 61 |
| Share of profit of associates and joint ventureSingapore dollars thousands | (179) | (161) | PDF p. 61 |
| Provision for liabilitiesSingapore dollars thousands | 13 | 1,044 | PDF p. 61 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | 3,208 | 1,116 | PDF p. 61 |
| Trade receivablesSingapore dollars thousands | 1,249 | (5,337) | PDF p. 61 |
| Other receivables and prepaymentsSingapore dollars thousands | 197 | 184 | PDF p. 61 |
| Contract assetsSingapore dollars thousands | (841) | 2,641 | PDF p. 61 |
| Contract liabilitiesSingapore dollars thousands | 331 | 1,570 | PDF p. 61 |
| InventoriesSingapore dollars thousands | (133) | (293) | PDF p. 61 |
| Trade payables and bills payablesSingapore dollars thousands | 929 | 715 | PDF p. 61 |
| Other payablesSingapore dollars thousands | 93 | (59) | PDF p. 61 |
| Provision for liabilitiesSingapore dollars thousands | (106) | (276) | PDF p. 61 |
| Cash generated from operationsSingapore dollars thousands | 4,927 | 261 | PDF p. 61 |
| Income taxes paidSingapore dollars thousands | (312) | (421) | PDF p. 61 |
| Interest paidSingapore dollars thousands | (665) | (942) | PDF p. 61 |
| Net cash from/(used in) operating activitiesSingapore dollars thousands | 3,950 | (1,102) | PDF p. 61 |
| Investing activities | |||
| Interest receivedSingapore dollars thousands | 8 | 9 | PDF p. 62 |
| Advances to associates and joint ventureSingapore dollars thousands | (163) | (1,305) | PDF p. 62 |
| Repayments from joint ventureSingapore dollars thousands | - | 6,050 | PDF p. 62 |
| Dividends received from held-for-trading investmentsSingapore dollars thousands | * | * | PDF p. 62 |
| Dividends received from investment in equity securities carried at FVTOCISingapore dollars thousands | 472 | - | PDF p. 62 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (601) | (532) | PDF p. 62 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 119 | 211 | PDF p. 62 |
| Additions to right-of-use assets (Note A)Singapore dollars thousands | (65) | - | PDF p. 62 |
| Net cash (used in)/from investing activitiesSingapore dollars thousands | (230) | 4,433 | PDF p. 62 |
| Financing activities | |||
| Repayments of lease liabilitiesSingapore dollars thousands | (552) | (511) | PDF p. 62 |
| Proceeds from bank borrowingsSingapore dollars thousands | - | 5,000 | PDF p. 62 |
| Proceeds from issuance of sharesSingapore dollars thousands | 6,983 | - | PDF p. 62 |
| Proceeds from issuance of shares in a subsidiary to non-controlling interestSingapore dollars thousands | 3 | - | PDF p. 62 |
| Repayments of bank borrowingsSingapore dollars thousands | (3,634) | (3,625) | PDF p. 62 |
| Net cash from financing activitiesSingapore dollars thousands | 2,800 | 864 | PDF p. 62 |
| Net increase in cash and cash equivalentsSingapore dollars thousands | 6,520 | 4,195 | PDF p. 62 |
| Cash and cash equivalents at the beginning of the financial yearSingapore dollars thousands | 11,130 | 6,934 | PDF p. 62 |
| Effect of foreign exchange rate changes on balances held in foreign currenciesSingapore dollars thousands | (1) | 1 | PDF p. 62 |
| Cash and cash equivalents at end of the financial year (Note 5)Singapore dollars thousands | 17,649 | 11,130 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 61 ↗ PDF p. 62 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Group basic and diluted earnings or loss per share / FY2022 original annual source
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Earnings/(Losses) per share (cents) | |||
| Basic and dilutedSingapore cents per share | 0.10 | (0.27) | PDF p. 58 |
Definitions & sources
Original report: PDF p. 58 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Group changes in equity / FY2022 components / FY2022 original annual source
8 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / Share capital | 2022Group / Retained earnings | 2022Group / Foreign currency translation reserve | 2022Group / Investment revaluation reserve | 2022Group / Equity attributable to owners | 2022Group / Non-controlling interests | 2022Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| Balance as at 1 April 2021Singapore dollars thousands | 46,814 | 37,257 | (90) | (24,878) | 59,103 | - | 59,103 | PDF p. 59 |
| for the financial year: | ||||||||
| Profit for the financial yearSingapore dollars thousands | - | 605 | - | - | 605 | (22) | 583 | PDF p. 59 |
| Other comprehensive income for the financial yearSingapore dollars thousands | - | - | - | 2,436 | 2,436 | - | 2,436 | PDF p. 59 |
| TotalSingapore dollars thousands | - | 605 | - | 2,436 | 3,041 | (22) | 3,019 | PDF p. 59 |
| directly in equity: | ||||||||
| Increase in share capitalSingapore dollars thousands | 6,983 | - | - | - | 6,983 | - | 6,983 | PDF p. 59 |
| Transaction with non-controlling interests arising from incorporation of a subsidiarySingapore dollars thousands | - | - | - | - | - | 3 | 3 | PDF p. 59 |
| TotalSingapore dollars thousands | 6,983 | - | - | - | 6,983 | 3 | 6,986 | PDF p. 59 |
| Balance as at 31 March 2022Singapore dollars thousands | 53,797 | 37,862 | (90) | (22,442) | 69,127 | (19) | 69,108 | PDF p. 59 |
Definitions & sources
Original report: PDF p. 59 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Group changes in equity / FY2021 components / FY2022 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2021Group / Share capital | 2021Group / Retained earnings | 2021Group / Foreign currency translation reserve | 2021Group / Investment revaluation reserve | 2021Group / Equity attributable to owners | 2021Group / Non-controlling interests | 2021Group / Total equity | Source |
|---|---|---|---|---|---|---|---|---|
| directly in equity: | ||||||||
| Balance as at 1 April 2020Singapore dollars thousands | 46,814 | 38,746 | 86 | (29,901) | 55,745 | - | 55,745 | PDF p. 59 |
| for the financial year: | ||||||||
| Loss for the financial yearSingapore dollars thousands | - | (1,489) | - | - | (1,489) | - | (1,489) | PDF p. 59 |
| Other comprehensive income for the financial yearSingapore dollars thousands | - | - | (176) | 5,023 | 4,847 | - | 4,847 | PDF p. 59 |
| TotalSingapore dollars thousands | - | (1,489) | (176) | 5,023 | 3,358 | - | 3,358 | PDF p. 59 |
| Balance as at 31 March 2021Singapore dollars thousands | 46,814 | 37,257 | (90) | (24,878) | 59,103 | - | 59,103 | PDF p. 59 |
Definitions & sources
Original report: PDF p. 59 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Company changes in equity / FY2022 components / FY2022 original annual source
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Company / Share capital | 2022Company / Retained earnings | 2022Company / Investment revaluation reserve | 2022Company / Total equity | Source |
|---|---|---|---|---|---|
| Company | |||||
| Balance as at 1 April 2021Singapore dollars thousands | 46,814 | 5,936 | (19,324) | 33,426 | PDF p. 60 |
| year: | |||||
| Loss for the financial yearSingapore dollars thousands | - | (968) | - | (968) | PDF p. 60 |
| Other comprehensive income for the financial yearSingapore dollars thousands | - | - | 1,892 | 1,892 | PDF p. 60 |
| TotalSingapore dollars thousands | - | (968) | 1,892 | 924 | PDF p. 60 |
| equity: | |||||
| Increase in share capitalSingapore dollars thousands | 6,983 | - | - | 6,983 | PDF p. 60 |
| Balance as at 31 March 2022Singapore dollars thousands | 53,797 | 4,968 | (17,432) | 41,333 | PDF p. 60 |
Definitions & sources
Original report: PDF p. 60 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Company changes in equity / FY2021 components / FY2022 original annual source
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2021Company / Share capital | 2021Company / Retained earnings | 2021Company / Investment revaluation reserve | 2021Company / Total equity | Source |
|---|---|---|---|---|---|
| equity: | |||||
| Balance as at 1 April 2020Singapore dollars thousands | 46,814 | 7,421 | (23,227) | 31,008 | PDF p. 60 |
| year: | |||||
| Loss for the financial yearSingapore dollars thousands | - | (1,485) | - | (1,485) | PDF p. 60 |
| Other comprehensive income for the financial yearSingapore dollars thousands | - | - | 3,903 | 3,903 | PDF p. 60 |
| TotalSingapore dollars thousands | - | (1,485) | 3,903 | 2,418 | PDF p. 60 |
| Balance as at 31 March 2021Singapore dollars thousands | 46,814 | 5,936 | (19,324) | 33,426 | PDF p. 60 |
Definitions & sources
Original report: PDF p. 60 ↗
Amounts are Singapore dollars thousands; EPS is separately in Singapore cents per share. Financial years end 31 March. Group and Company scopes are distinct.
Printed dashes and asterisks are retained. An asterisk denotes an amount less than S$1,000; (*) retains a negative amount. Neither marker asserts exact zero.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Group EPS numerator and denominator / FY2026 original annual source
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| EPS numerator | |||
| Net (loss)/profit attributable to Owners of the Company ($’000)Singapore dollars thousands | (5,828) | 3,436 | PDF p. 122 |
| EPS denominator | |||
| Weighted average number of ordinary shares in issueshares | 713,120,863 | 698,353,740 | PDF p. 122 |
| Basic and diluted EPS | |||
| Basic and diluted (loss)/earnings per share (cents)Singapore cents per share | (0.82) | 0.49 | PDF p. 122 |
Definitions & sources
Original report: PDF p. 122 ↗
Basic and diluted EPS use the same denominator; the original source says there are no dilutive potential ordinary shares.
The FY2026 EPS note prints weighted average shares 713,120,863; the same annual report five-year highlights print 713,121,123. Both original source values are retained; no corrected denominator is inferred.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Five-year financial results
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2023Group | 2024Group | 2025Group | 2026Group | Source |
|---|---|---|---|---|---|---|
| Five-year financial results | ||||||
| RevenueSingapore dollars millions | 77.2 | 92.4 | 95.5 | 86.8 | 44.2 | PDF p. 10 |
| Profit/(Loss) Attributable to Owners of the CompanySingapore dollars millions | 0.6 | (4.8) | 12.4 | 3.4 | (5.8) | PDF p. 10 |
Definitions & sources
Original report: PDF p. 10 ↗
Source summary monetary amounts are in S$ millions, with ascending FY2022–FY2026 columns. Numbers of shares are full counts; per-share values are Singapore cents and ratios percent. Dividend dashes remain original dashes.
FY2026 weighted average shares differ from the EPS note (713,121,123 versus 713,120,863). Preserve both dated source values.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Five-year financial position
10 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2023Group | 2024Group | 2025Group | 2026Group | Source |
|---|---|---|---|---|---|---|
| Five-year financial position | ||||||
| Cash and Cash EquivalentsSingapore dollars millions | 17.6 | 11.0 | 9.1 | 10.5 | 9.6 | PDF p. 10 |
| Property, Plant and EquipmentSingapore dollars millions | 2.0 | 2.1 | 1.7 | 2.0 | 10.8 | PDF p. 10 |
| Right-of-Use AssetsSingapore dollars millions | 2.3 | 1.9 | 1.3 | 0.9 | 2.7 | PDF p. 10 |
| Current and Other AssetsSingapore dollars millions | 103.3 | 112.0 | 109.4 | 102.9 | 92.2 | PDF p. 10 |
| Total AssetsSingapore dollars millions | 125.2 | 127.0 | 121.5 | 116.3 | 115.3 | PDF p. 10 |
| BorrowingsSingapore dollars millions | 33.2 | 34.0 | 25.1 | 26.2 | 30.5 | PDF p. 10 |
| Other LiabilitiesSingapore dollars millions | 22.9 | 30.9 | 26.4 | 20.9 | 19.8 | PDF p. 10 |
| Total LiabilitiesSingapore dollars millions | 56.1 | 64.9 | 51.5 | 47.1 | 50.3 | PDF p. 10 |
| Total EquitySingapore dollars millions | 69.1 | 62.1 | 70.0 | 69.2 | 65.0 | PDF p. 10 |
| Total Liabilities and EquitySingapore dollars millions | 125.2 | 127.0 | 121.5 | 116.3 | 115.3 | PDF p. 10 |
Definitions & sources
Original report: PDF p. 10 ↗
Source summary monetary amounts are in S$ millions, with ascending FY2022–FY2026 columns. Numbers of shares are full counts; per-share values are Singapore cents and ratios percent. Dividend dashes remain original dashes.
FY2026 weighted average shares differ from the EPS note (713,121,123 versus 713,120,863). Preserve both dated source values.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Five-year shares and per-share data
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2023Group | 2024Group | 2025Group | 2026Group | Source |
|---|---|---|---|---|---|---|
| Five-year per-share data | ||||||
| Number of Sharesshares | 698,353,740 | 698,353,740 | 698,353,740 | 698,353,740 | 768,353,740 | PDF p. 10 |
| Net AssetsSingapore cents per share | 9.90 | 8.89 | 10.03 | 9.91 | 8.47 | PDF p. 10 |
| Weighted Average Number of Sharesshares | 624,842,820 | 698,353,740 | 698,353,740 | 698,353,740 | 713,121,123 | PDF p. 10 |
| Earnings/(Loss) Per Share(1)Singapore cents per share | 0.10 | (0.69) | 1.78 | 0.49 | (0.82) | PDF p. 10 |
| Dividend Paid/PayableSingapore cents per share | - | - | - | - | - | PDF p. 10 |
Definitions & sources
Original report: PDF p. 10 ↗
Source summary monetary amounts are in S$ millions, with ascending FY2022–FY2026 columns. Numbers of shares are full counts; per-share values are Singapore cents and ratios percent. Dividend dashes remain original dashes.
FY2026 weighted average shares differ from the EPS note (713,121,123 versus 713,120,863). Preserve both dated source values.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Five-year financial ratios
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2023Group | 2024Group | 2025Group | 2026Group | Source |
|---|---|---|---|---|---|---|
| Five-year financial ratios | ||||||
| Return on Equity% | 0.8 | -7.7 | 17.7 | 5.0 | -9.0 | PDF p. 10 |
| Return on Total Assets Employed% | 0.5 | -3.8 | 10.2 | 3.0 | -5.1 | PDF p. 10 |
| Gross Debt to Total Equity Ratio% | 48.0 | 54.8 | 35.8 | 37.9 | 47.0 | PDF p. 10 |
| Net Debt to Total Equity Ratio% | 22.6 | 37.1 | 22.9 | 22.7 | 32.1 | PDF p. 10 |
| Dividend Payout% | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PDF p. 10 |
Definitions & sources
Original report: PDF p. 10 ↗
Source summary monetary amounts are in S$ millions, with ascending FY2022–FY2026 columns. Numbers of shares are full counts; per-share values are Singapore cents and ratios percent. Dividend dashes remain original dashes.
FY2026 weighted average shares differ from the EPS note (713,121,123 versus 713,120,863). Preserve both dated source values.
Source: https://links.sgx.com/1.0.0/corporate-announcements/XLP5CQDQ8RGUS82I/896426_King%20Wan_Annual%20Report%202026.pdf
Group EPS numerator and denominator / FY2025 original annual source
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| EPS numerator | |||
| Net profit attributable to Owners of the Company ($’000)Singapore dollars thousands | 3,436 | 12,402 | PDF p. 125 |
| EPS denominator | |||
| Weighted average number of ordinary shares in issueshares | 698,353,740 | 698,353,740 | PDF p. 125 |
| Basic and diluted EPS | |||
| Basic and diluted earnings per share (cents)Singapore cents per share | 0.49 | 1.78 | PDF p. 125 |
Definitions & sources
Original report: PDF p. 125 ↗
Basic and diluted EPS use the same denominator; the original source says there are no dilutive potential ordinary shares.
Source: https://links.sgx.com/1.0.0/corporate-announcements/M7EMFWGELQYCZGPJ/852009_King%20Wan_Annual%20Report%20%202025.pdf
Group EPS numerator and denominator / FY2024 original annual source
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| EPS numerator | |||
| Net profit/(loss) attributable to Owners of the Company ($’000)Singapore dollars thousands | 12,402 | (4,794) | PDF p. 123 |
| EPS denominator | |||
| Weighted average number of ordinary shares in issueshares | 698,353,740 | 698,353,740 | PDF p. 123 |
| Basic and diluted EPS | |||
| Basic and diluted earnings/(losses) per share (in cents)Singapore cents per share | 1.78 | (0.69) | PDF p. 123 |
Definitions & sources
Original report: PDF p. 123 ↗
Basic and diluted EPS use the same denominator; the original source says there are no dilutive potential ordinary shares.
Source: https://links.sgx.com/1.0.0/corporate-announcements/8QE57H0AUX17W7E8/809776_King%20Wan_Annual%20Report%202024.pdf
Group EPS numerator and denominator / FY2023 original annual source
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group | 2022Group | Source |
|---|---|---|---|
| EPS numerator | |||
| Net (loss)/profit attributable to Owners of the Company ($’000)Singapore dollars thousands | (4,794) | 605 | PDF p. 126 |
| EPS denominator | |||
| Weighted average number of ordinary shares in issueshares | 698,353,740 | 624,842,820 | PDF p. 126 |
| Basic and diluted EPS | |||
| Basic and diluted (losses)/earnings per share (in cents)Singapore cents per share | (0.69) | 0.10 | PDF p. 126 |
Definitions & sources
Original report: PDF p. 126 ↗
Basic and diluted EPS use the same denominator; the original source says there are no dilutive potential ordinary shares.
Source: https://links.sgx.com/1.0.0/corporate-announcements/VCPDTTG0E4IPXDCS/765360_King%20Wan_Annual%20Report%202023.pdf
Group EPS numerator and denominator / FY2022 original annual source
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| EPS numerator | |||
| Net profit/(loss) attributable to Owners of the Company ($’000)Singapore dollars thousands | 605 | (1,489) | PDF p. 124 |
| EPS denominator | |||
| Weighted average number of ordinary shares in issueshares | 624,842,820 | 551,331,900 | PDF p. 124 |
| Basic and diluted EPS | |||
| Basic and diluted earnings/(losses) per share (in cents)Singapore cents per share | 0.10 | (0.27) | PDF p. 124 |
Definitions & sources
Original report: PDF p. 124 ↗
Basic and diluted EPS use the same denominator; the original source says there are no dilutive potential ordinary shares.
Original FY2021 denominator 551,331,900* and EPS (0.27)* are restated for the effect of the rights issue, as the original footnote states. The marker is documented here; the numeric values are retained.
Source: https://links.sgx.com/1.0.0/corporate-announcements/S9TNTUUP9YOD07JY/723565_King%20Wan_FY2022%20Annual%20Report.pdf
Where the money comes from
Segment information
By business
Business segments – Revenue, results and other information (Group, FY ended 31 March) 9 lines
| Item / unit | 2026Plumbing and sanitary | 2025Plumbing and sanitary | 2026Electrical & ACMV | 2025Electrical & ACMV | 2026Toilet rental | 2025Toilet rental | 2026Investment holdings | 2025Investment holdings | 2026Others | 2025Others | 2026Eliminations | 2025Eliminations | 2026Consolidated | 2025Consolidated | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| External sales$'000 | 32,295 | 41,749 | 8,025 | 40,846 | 3,906 | 3,917 | – | 225 | 19 | 19 | – | – | 44,245 | 86,756 | PDF p. 124 |
| Intersegment sales$'000 | – | – | – | – | 5 | 13 | – | – | – | – | (5) | (13) | – | – | PDF p. 124 |
| Total revenue$'000 | 32,295 | 41,749 | 8,025 | 40,846 | 3,911 | 3,930 | – | 225 | 19 | 19 | (5) | (13) | 44,245 | 86,756 | PDF p. 124 |
| Results | |||||||||||||||
| Segment result$'000 | (5,963) | 130 | (3,120) | 1,197 | 529 | 490 | 1,961 | 2,422 | 12 | 11 | 81 | 96 | (6,500) | 4,346 | PDF p. 124 |
| Other information | |||||||||||||||
| Capital expenditure additions$'000 | 1 | 29 | 1 | 29 | 8 | 368 | – | – | 11,728 | 501 | – | – | 11,738 | 927 | PDF p. 124 |
| Depreciation$'000 | 21 | 21 | 21 | 21 | 247 | 256 | – | – | 803 | 891 | – | – | 1,092 | 1,189 | PDF p. 124 |
| Loss allowance for amounts due from associates and joint venture$'000 | – | – | – | – | – | – | 2,379 | 2,065 | – | – | – | – | 2,379 | 2,065 | PDF p. 124 |
| Loss allowance for other receivables$'000 | – | – | – | – | – | – | – | – | * | 1 | – | – | * | 1 | PDF p. 124 |
| Loss allowance for trade receivables and contract assets$'000 | 348 | 101 | 196 | 33 | 23 | (7) | – | – | – | – | – | – | 567 | 127 | PDF p. 124 |
Notes
* Amount less than $1,000.
Unallocated expenses, net other operating income, finance costs, profit before tax, tax and profit rows are printed only in the Consolidated columns (2026, 2025).
Business segments – Assets and liabilities (Group, as at 31 March) 1 lines
| Item / unit | 2026Plumbing and sanitary | 2025Plumbing and sanitary | 2026Electrical & ACMV | 2025Electrical & ACMV | 2026Toilet rental | 2025Toilet rental | 2026Investment holdings | 2025Investment holdings | 2026Others | 2025Others | 2026Eliminations | 2025Eliminations | 2026Consolidated | 2025Consolidated | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | |||||||||||||||
| Segment liabilities$'000 | 18,757 | 17,651 | 11,035 | 19,852 | 444 | 546 | – | – | – | – | – | – | 30,236 | 38,049 | PDF p. 125 |
Notes
(1) Include acquisition of property located at 15 Joo Koon Way, Singapore 628947 amounting to $9,594,000.
Unallocated and consolidated total rows are printed only in the Consolidated columns (2026, 2025).
By geography
Geographical segments – Revenue and non-current assets 3 lines
| Item / unit | 2026Revenue | 2025Revenue | 2026Non-current assets | 2025Non-current assets | Source |
|---|---|---|---|---|---|
| Geographical segments | |||||
| Singapore$'000 | 44,245 | 86,756 | 45,465 | 30,502 | PDF p. 126 |
| Others$'000 | – | – | 498 | 496 | PDF p. 126 |
| Total$'000 | 44,245 | 86,756 | 45,963 | 30,998 | PDF p. 126 |
Notes
The Group operates mainly in Singapore. Revenue is reported based on the location of customers regardless of where the goods are produced or services rendered. Non-current assets other than the financial assets at FVOTCI and at FVTPL, financial assets at amortised cost, deferred tax assets, other receivables are based on the geographical location of the assets.
Total row has no printed label.
Major customer: revenues of approximately $5,809,000 (2025: $20,012,000) from 1 (2025: 1) external customer, included in construction contract revenues of $40,320,000 (2025: $82,595,000).
Debt
Borrowings
Lease liabilities maturity analysis
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Maturity analysis | |||
| Year 1$'000 | 299 | 163 | PDF p. 116 |
| Year 2$'000 | 224 | 137 | PDF p. 116 |
| Year 3$'000 | 209 | 56 | PDF p. 116 |
| Year 4$'000 | 178 | 35 | PDF p. 116 |
| Year 5$'000 | 704 | – | PDF p. 116 |
| Year 6 onwards$'000 | 1,254 | – | PDF p. 116 |
| Less: Future interest$'000 | (533) | (27) | PDF p. 116 |
| Analysed as | |||
| Current$'000 | 228 | 148 | PDF p. 116 |
| Non-current$'000 | 2,107 | 216 | PDF p. 116 |
Notes
Undiscounted total 2,868 (2025: 391); present value total 2,335 (2025: 364).
Incremental borrowing rate/implicit rate ranged from 2.98% to 5.62% (2025: 4.28% to 5.62%).
Lease liabilities of $149,000 (2025: $249,000) for motor vehicles are secured against the vehicles, remaining lease term 1 to 3 years (2025: 2 to 4 years).
Note 36(b)(v) Liquidity and interest risk analysis - contractual maturity of non-derivative financial liabilities
| Item / unit | 2026On demand or within 1 year, $'000 | 20262 to 5 years, $'000 | 2026After 5 years, $'000 | 2026Adjustment, $'000 | 2026Total, $'000 | Source |
|---|---|---|---|---|---|---|
| Group 2026 | ||||||
| Variable interest rate instruments$'000 | 23,590 | 7,059 | 719 | (970) | 30,398 | PDF p. 133 |
| Lease liabilities (fixed rate)$'000 | 299 | 1,315 | 1,254 | (533) | 2,335 | PDF p. 133 |
Notes
Undiscounted cash flows including interest and principal. 2025 comparatives (same columns): Variable interest rate instruments 25,871, –, –, (140), 25,731; Fixed interest rate instruments 221, –, –, (4), 217; Lease liabilities (fixed rate) 163, 228, –, (27), 364.
Variable interest rate instruments include bank borrowings and bills payables.
Borrowing notes 1 tables
Bank borrowings
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Current: Bank loans | |||
| - Unsecured$'000 | 9,200 | 6,917 | PDF p. 114 |
| Non-current: Bank loan | |||
| - Secured$'000 | 7,125 | – | PDF p. 114 |
| Total | |||
| Total bank borrowings (unlabelled total)$'000 | 16,325 | 6,917 | PDF p. 114 |
Notes
Current bank borrowing rates range from 2.63% to 3.90% (2025: 4.08% to 5.20%) per annum and have maturity dates between 1 to 3 (2025: 1 to 6) months.
Non-current: 7-year term loan, fixed 2.98% per annum for first 2 years, thereafter floating; secured by mortgage charges on leasehold property; no principal repayment due within next 12 months. Outstanding balance $7,125,000.
Prior year long-term bank borrowings bore fixed interest rate of 2.00% per annum, term 5 years, repayable over 48 equal monthly instalments.
Undrawn uncommitted borrowing facilities: $19,308,000 (2025: $12,569,000).
Bills payables (Note 19, Group): $14,073,000 (2025: $19,031,000), interest 2.55% to 3.16% (2025: 3.74% to 4.73%), repayable 3 to 5 months. Company has no bank borrowings (Note 36(a)). Borrowings are in Singapore dollars ($).
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Board aims to declare and pay annual dividends to shareholders on a regular basis. | Group | PDF p. 44 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| For FY2026 ... no dividends have been declared | no dividends have been declared | FY2026, year ended 31 March 2026 | PDF p. 44 |
| Dividend Paid/Payable | - cents | Five-year highlights 2022-2026 (all years dash); per share data in cents | PDF p. 10 |
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Payout | 0.0% | 2022 to 2026, each year 0.0% | PDF p. 10 |
Extracted from ANNUAL REPORT 2026 King Wan Corporation Limited and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Auditor | BDO LLP | Group | PDF p. 58 |
| Engagement partner | Adrian Lee Yu-Min | Group | PDF p. 58 |
| Opinion | so as to give a true and fair view of the consolidated financial position of the Group | Group · As at 2026-03-31 | PDF p. 52 |
Going concern
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going concern | the Group’s and the Company’s current liabilities exceeded its current assets by $11,586,000 and $13,064,000 respectively | Group and Company · As at 2026-03-31 | PDF p. 67 |
| Going concern (continued) | the Directors are confident that the Group and the Company will be able to pay its debts as and when they fall due for the next 12 months | Group and Company | PDF p. 68 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| 1 Accounting for construction contracts | The Group recognises revenue from construction contracts over time, whereby revenue is recognised by reference to the proportion of contract costs incurred to date to the estimated total contract costs (“input method”). | Group | PDF p. 52 |
| 2 Assessment of the recoverability of debts owing by the associates and a joint venture to the Group | As at 31 March 2026, the amounts due from associates and joint venture, net of loss allowances, amounting to $30,415,000, represents 26% of the Group’s total assets. | Group · As at 2026-03-31 | PDF p. 54 |
| 3 Equity accounting for investment in associate – Nexus Point Investments Pte Ltd (“Nexus”) | We focused our audit on the equity accounting of the associate due to the significance of the share of profit to the Group’s results. | Group | PDF p. 55 |
Extracted from ANNUAL REPORT 2026 King Wan Corporation Limited and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow ANNUAL REPORT 2026 King Wan Corporation Limited, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
The five audited annual reports cover financial years ended 31 March 2022 to 2026. Each original retains its reporting dates, Group or Company scope and printed units. Later shareholder and board disclosures are dated separately.
Primary annual monetary amounts are Singapore dollars thousands. The FY2026 five-year highlights use S$ millions; EPS and NAV are Singapore cents per share, share numbers are full counts and ratios are percent. Units are not silently converted.
Financial position columns put Group before Company. Both Group and Company changes in equity are disclosed, with current and comparative periods kept separately. No separate Company income or cash flow statement is asserted.
Printed asterisks mean amounts less than S$1,000. The original (*) retains a negative amount; neither marker is replaced by zero or an empty value.
FY2022 original cash flows combine trade and bills payables in operating cash. FY2023 comparatives split bills payables into financing: operating cash is 3,950 versus 1,064 and financing cash 2,800 versus 5,686, in S$ thousands. Both source presentations retain the same closing cash.
FY2023 original cash flows include a financial guarantee fee adjustment (79), operating cash before working capital (5,655), and other payables movement 539. FY2024 comparatives omit the separate fee adjustment and print (5,576) and 460 respectively, retaining the same net operating cash. The source does not explain the presentation change.
The FY2026 EPS note prints weighted average shares 713,120,863; the same annual report five-year highlights print 713,121,123. Both original values are retained. The FY2021 comparative EPS and denominator in the FY2022 note are restated for the rights issue, as the original footnote states.
The FY2026 annual report states that no dividend was declared, and the later SIAS response says none was recommended. The five-year summary retains printed dividend dashes rather than inventing numerical DPS zeros.
The 29 May 2026 unaudited and unreviewed full-year and second-half results are archived separately. The audited annual report supplies the displayed full-year statements. Cash flow classifications and small amounts differ: audited operating/investing/financing cash are (5,363), 3,633 and 657 versus preliminary (4,887), 3,158 and 658, in S$ thousands; both retain closing cash 9,643. Preliminary second-half figures are not relabelled audited full-year figures.
The FY2026 Group and Company net current liabilities are S$11,586,000 and S$13,064,000. Directors cash forecasts to 30 June 2027 assume construction collections and continued bank support. The directors stated confidence is not an unconditional liquidity assurance. All five annual opinions are unmodified; key audit matters address construction estimates, associate and joint venture receivables, and, in recent years, Nexus equity accounting.
The 24 July SIAS response and 31 July AGM minutes provide management explanations of project timing, retained staff, property integration and capital allocation. The order book and expectations are dated issuer statements, not recognised revenue or guaranteed future results.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.