Sakae Holdings Ltd. FY2025 Financial Statement Analysis
Sakae Holdings Ltd., a Singapore-listed company, has released its audited financial statements for the financial year ended 30 June 2025 (FY2025), following its earlier unaudited preliminary results. The announcement mainly details material differences between the unaudited and audited statements, with a focus on reclassifications in the balance sheet and cash flow statement. This article summarizes the key findings and implications for investors.
Key Financial Metrics & Material Differences
The differences between the preliminary and audited statements are primarily due to reclassifications in the Statements of Financial Position and Consolidated Statement of Cash Flows. Notably, there were no changes to net asset value or cash and cash equivalents at the end of the financial year after these reclassifications.
| Metric |
Audited FY2025 |
Preliminary FY2025 |
Variance |
Notes |
| Net Cash from Operating Activities |
S\$188,000 |
S\$955,000 |
(S\$767,000) |
Interest on lease liabilities & tax paid reclassified |
| Net Cash from Investing Activities |
(S\$282,000) |
(S\$216,000) |
(S\$66,000) |
Renovation works reclassified |
| Net Cash from Financing Activities |
(S\$2,177,000) |
(S\$2,789,000) |
S\$612,000 |
Interest on lease liabilities reclassified |
| Effect of Exchange Rate Changes |
(S\$38,000) |
(S\$259,000) |
S\$221,000 |
Reclassification effects |
Other notable reclassifications in the balance sheet include:
- Lease liabilities reclassified between current and non-current (S\$23,000).
- Trade payables and other payables reclassified (S\$195,000).
- Intercompany balances reclassified from trade receivables to amounts due from subsidiaries (S\$2,042,000).
- GST payables reclassified from trade payables to other payables (S\$119,000).
Errors, Inconsistencies, and Exceptional Items
The Board clarifies that the differences between the unaudited and audited results are due to reclassifications and not actual changes to the Group’s financial results, net asset value, or cash balances. No exceptional earnings or expenses, asset revaluations, or delayed recognition were reported. There were no changes to dividends, share buybacks, or other corporate actions disclosed in the announcement.
Historical Performance Trends
The report does not provide historical performance data beyond the current financial year, nor does it include year-over-year or quarter-over-quarter figures for revenue, earnings, or EPS. Investors should refer to the full annual report for more comprehensive historical trends.
Chairman’s Statement
No Chairman’s Statement is included in the announcement.
Events Affecting Business & Outlook
No mention is made of significant events such as legal disputes, macroeconomic shifts, asset sales, fundraising, or other corporate actions. The Board affirms that other reclassifications made in the audited statements do not materially impact the Group’s financial results.
Conclusion & Investment Recommendations
Overall Assessment:
The FY2025 financial statement for Sakae Holdings Ltd. reveals no material changes to the company’s net asset value or cash position following reclassifications between line items. The lack of changes to cash and assets, and the absence of exceptional items or significant events, suggest a neutral outlook. The announcement is administrative in nature, aimed at clarifying reporting classifications rather than operational performance.
- If you currently hold Sakae Holdings Ltd. stock:
Given the neutral outlook and absence of significant changes, investors may consider holding the stock, pending further performance data or company updates in the full annual report.
- If you are not currently holding Sakae Holdings Ltd. stock:
There is no compelling new information in this announcement to prompt an immediate buy or sell decision. Prospective investors should await more detailed operational and financial performance data before considering entry.
Disclaimer: This analysis is based solely on the content of the company’s FY2025 financial announcement and does not constitute investment advice. Investors should conduct additional research and consult professional advisers before making investment decisions.
View Sakae Historical chart here
