ISDN Holdings Limited logo

ISDN Holdings Limited

1656.HK

HKSEIndustrialsEngineering & Construction

Latest quote

HK$3.98

+HK$0.03 · +0.76%

Aug 20, 10:50 AM HKT

1656.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

ISDN Holdings Limited, a Singapore-headquartered company founded in 1986, delivers advanced motion control, industrial computing, and bespoke engineering solutions to clients globally. The company offers end-to-end services for motion control systems, covering every stage from initial conceptualization, design, development, and prototyping, through to production, testing, installation, and ongoing after-sales technical support. Their expertise also extends to providing design, engineering, production, and integration services for critical sectors such as manufacturing, modern agriculture, renewable energy, and civil transportation. Beyond service provision, ISDN actively manufactures key components including linear motors, positioning stages, precision gearboxes, and transmission elements. They also produce specialized hinges and locks under their Dirak brand, targeting the data center, telecommunications, transportation, and 3C (Computer, Communication, Consumer Electronics) markets. In the sphere of industrial technology, ISDN provides connectivity, intelligence, and analytical tools designed to optimize operational processes. They develop sophisticated industrial software platforms that power automation, intelligence, analytics, and control systems. Their engineering and technology solutions are applied across a broad spectrum, including solar energy, energy storage, advanced agriculture, industrial disinfectants, building energy management, and smart energy grids. ISDN's diverse operations further include property holding and management, offering corporate training and motivational courses, professional development programs for organizations, and human resource consultancy. They also specialize in technical, software, artificial intelligence application software, network, and information development services. Additionally, the company supplies machinery, mechanical components, and industrial software tailored for robotics, machine vision, motion control, and related industrial automation and control technologies. Rounding out its activities, ISDN engages in the sale of bioscience products and electronic goods. They are also pioneers in hydroponic growing, leveraging their proprietary motion control solutions, and are involved in the construction of mini hydropower plants. The company maintains a strategic alliance with Whizpace Pte Ltd.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
SG
CEO
Cher Koon Teo
Listed since
Jan 13, 2017
Employees
1,366

Market position

Day range

Current HK$3.98

52-week range

Current HK$3.98

Open
HK$3.95
Previous close
HK$3.95
Volume
10.4K
4.89× average
Average volume
2.13K
Average daily volume
Market cap
1.8B HKD
Beta
1.22
Market reference 1
50-day average
HK$4.0939
-2.78% below average
200-day average
HK$2.9849
+33.34% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
183.33M SGD
P/E (TTM)
19.43×
P/B (TTM)
1.38×
P/S (TTM)
0.64×
EV / EBITDA
5.2×
Earnings yield
4.03%
Free cash flow yield
8.85%
Dividend yield
0.78%

Profitability & efficiency

Gross margin
23.27%
Operating margin
7.31%
Net margin
3.30%
Return on equity
3.22%
Return on assets
1.47%
Return on invested capital
5.35%

Financial health

Debt / equity
0.4×
Current ratio
1.57×
Altman Z-score
2.57
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends31%20%10%-1%Gross margin, FY2021: 27.35%Gross margin, FY2022: 28.56%Gross margin, FY2023: 26.43%Gross margin, FY2024: 25.48%Gross margin, FY2025: 22.79%Operating margin, FY2021: 10.22%Operating margin, FY2022: 9.96%Operating margin, FY2023: 6.40%Operating margin, FY2024: 6.56%Operating margin, FY2025: 6.37%Net margin, FY2021: 5.79%Net margin, FY2022: 3.94%Net margin, FY2023: 1.45%Net margin, FY2024: 2.29%Net margin, FY2025: 1.53%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.35%. Gross margin FY2022 28.56%. Gross margin FY2023 26.43%. Gross margin FY2024 25.48%. Gross margin FY2025 22.79%. Operating margin FY2021 10.22%. Operating margin FY2022 9.96%. Operating margin FY2023 6.40%. Operating margin FY2024 6.56%. Operating margin FY2025 6.37%. Net margin FY2021 5.79%. Net margin FY2022 3.94%. Net margin FY2023 1.45%. Net margin FY2024 2.29%. Net margin FY2025 1.53%.

Income trends

Revenue

439.98M SGD+18.13%

Operating income

28.03M SGD+14.63%

Net income

6.75M SGD-20.76%
Income trends across reported periods483.65M SGD309.58M SGD135.51M SGD−38.57M SGDRevenue, FY2021: 440.14M SGDRevenue, FY2022: 370.78M SGDRevenue, FY2023: 341.77M SGDRevenue, FY2024: 372.44M SGDRevenue, FY2025: 439.98M SGDOperating income, FY2021: 44.97M SGDOperating income, FY2022: 36.94M SGDOperating income, FY2023: 21.88M SGDOperating income, FY2024: 24.45M SGDOperating income, FY2025: 28.03M SGDNet income, FY2021: 25.49M SGDNet income, FY2022: 14.62M SGDNet income, FY2023: 4.95M SGDNet income, FY2024: 8.52M SGDNet income, FY2025: 6.75M SGDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 440.14M SGD. Revenue FY2022 370.78M SGD. Revenue FY2023 341.77M SGD. Revenue FY2024 372.44M SGD. Revenue FY2025 439.98M SGD. Operating income FY2021 44.97M SGD. Operating income FY2022 36.94M SGD. Operating income FY2023 21.88M SGD. Operating income FY2024 24.45M SGD. Operating income FY2025 28.03M SGD. Net income FY2021 25.49M SGD. Net income FY2022 14.62M SGD. Net income FY2023 4.95M SGD. Net income FY2024 8.52M SGD. Net income FY2025 6.75M SGD.
Metric (SGD)FY2025FY2024FY2023FY2022FY2021
Revenue439.98M SGD372.44M SGD341.77M SGD370.78M SGD440.14M SGD
Cost of goods sold339.7M SGD277.53M SGD251.45M SGD264.89M SGD319.75M SGD
Gross profit100.28M SGD94.92M SGD90.32M SGD105.89M SGD120.38M SGD
Selling, general, and administrative69.82M SGD71.54M SGD66.71M SGD67.84M SGD72.37M SGD
Operating expenses72.25M SGD70.47M SGD68.44M SGD72.75M SGD71.39M SGD
Interest income226.9K SGD330K SGD338K SGD404K SGD368K SGD
Interest expense5.25M SGD5.47M SGD4.39M SGD3.49M SGD1.48M SGD
Depreciation and amortization7.23M SGD6.59M SGD5.61M SGD4.9M SGD4.81M SGD
Operating income28.03M SGD24.45M SGD21.88M SGD36.94M SGD44.97M SGD
Net income6.75M SGD8.52M SGD4.95M SGD14.62M SGD25.49M SGD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 2 misses, 0 met estimates
Average EPS surprise
-39.63%
2 comparable reports
Latest EPS result
0.14
Estimate 0.18 · Miss by 20.96%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.220.150.070Q1 '24No estimateQ2 '24No estimateQ3 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ1 '26MissQ3 '26Miss
Q1 2024, reported Feb 28, 2024: actual 0.005, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 30, 2024: actual 0.024, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 14, 2024: actual 0.049, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 28, 2025: actual 0.06, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 0.008, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 11, 2025: actual 0.018, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 26, 2026: actual 0.073, estimate 0.176, surprise -58.31%, Miss. Q3 2026, reported Aug 14, 2026: actual 0.139, estimate 0.176, surprise -20.96%, Miss.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.62B1.22B825.85M429.26MQ1 '24No estimateQ2 '24No estimateQ3 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25BeatQ1 '26BeatQ3 '26Beat
Q1 2024, reported Feb 28, 2024: actual 1.02B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 30, 2024: actual 505.01M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 14, 2024: actual 1.01B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 28, 2025: actual 1.13B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 614.25M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 11, 2025: actual 1.31B HKD, estimate 1.19B HKD, surprise +10.83%, Beat. Q1 2026, reported Feb 26, 2026: actual 1.38B HKD, estimate 1.29B HKD, surprise +6.76%, Beat. Q3 2026, reported Aug 14, 2026: actual 1.54B HKD, estimate 1.29B HKD, surprise +19.28%, Beat.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.0289

2025 complete year-40.7% since 2021

2026 partial: HK$0.0327

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 6, 2026

HK$0.0327

Annual

Record Jul 7, 2026 · Payment Aug 25, 2026

Dividend

Ex-dividend Jul 4, 2025

HK$0.0289

Annual

Record Jul 7, 2025 · Payment Aug 25, 2025

Dividend

Ex-dividend Jul 4, 2024

HK$0.0163

Annual

Record Jul 8, 2024 · Payment Aug 26, 2024

Dividend

Ex-dividend Jul 6, 2023

HK$0.0487

Annual

Record Jul 7, 2023 · Payment Aug 25, 2023

Dividend

Ex-dividend Jul 6, 2022

HK$0.0883

Annual

Record Jul 7, 2022 · Payment Aug 26, 2022

Dividend

Ex-dividend Jul 6, 2021

HK$0.0487

Annual

Record Jul 7, 2021 · Payment Aug 27, 2021

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