Soilbuild Construction Group (“SBCG”) has moved from a S$31.7m net loss in FY2022 to a S$63.6m net profit in FY2025 and S$70.9m on a trailing twelve-month (TTM) basis as of 30 June 2026, as loss-making pre-COVID contracts rolled off, gross margin widened to 15.8% and a S$647.5m PSA award in 2024 took the order book above S$1.0b.
Net cash of S$136.6m at 30 June 2026 is 40.9% of its S$334.2m market capitalisation.
The shares are 54.9% below their February 2026 high and close to their 52-week low, as the order book has declined to S$800.0m, about 1.3 years of TTM revenue.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
Soilbuild Construction Group (SGX: ZQM): Initiation Research (4 October 2026)