ASTI Holdings
About ASTI Holdings
ASTI Holdings Limited is an SGX Mainboard-listed technology group with operating roots in semiconductor manufacturing services. Through its subsidiaries, the Group supports original equipment manufacturers, contract manufacturers and component distributors with tape and reel packaging, carrier tape making, integrated circuit programming and related backend semiconductor services.
The Group operates across key electronics manufacturing locations including the United Kingdom, China, the Philippines and Malaysia. Following the appointment of new management in 2024 and the resumption of trading on the SGX Mainboard in January 2026, ASTI is repositioning around semiconductor services and technology-led growth opportunities.
Recent Developments
- 11 May 2026 General Announcement::INCLUSION OF CPF SCHEME
- 06 May 2026 Request for Lifting of Trading Halt::LIFTING OF TRADING HALT
- 06 May 2026 General Announcement::CEO INCREASES STAKE PRESS RELEASE
- 06 May 2026 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::DISCLOSURE OF INTEREST OF DIRECTOR - NG YEW NAM
- 05 May 2026 Request for Trading Halt::REQUEST FOR TRADING HALT
Investment Merits
- Provides exposure to semiconductor backend services used by OEMs, contract manufacturers and component distributors, with capabilities spanning tape and reel packaging, tape making and IC programming.
- Regional operating network across Europe and Asia supports customers in major electronics manufacturing hubs and gives the Group a broader service footprint than a single-market operator.
- Corporate reset has progressed, with SGX Mainboard trading resumed in January 2026 and latest financial data showing a return to profitability, low gearing and positive free cash flow.
| Price | Market Cap (SGDm) | Enterprise Value (SGDm) |
|---|---|---|
| SGD 0.1730 | 135.41 | 115.06 |
Key Financial Highlights
| Key Highlights | TTM (SGD) |
|---|---|
| Revenue | 36.86M |
| Net Income Available to Common | 1.13M |
| Profit Margin | 3.06% |
| Return on Assets | 1.22% |
| Return on Equity | 3.37% |
| Price/Sales (ttm) | 3.67 |
| Price/Book (mrq) | 4.05 |
| Enterprise Value/Revenue | 3.12 |
| Enterprise Value/EBITDA | 17.44 |
| Total Cash (mrq) | 16.50M |
| Total Debt/Equity (mrq) | 7.00% |
| Free Cash Flow (ttm) | 2.98M |
