Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
S69.SI
SELLREMOVESerial System Ltd · Technology · Singapore · $55M · Avg Vol: $91K/d
Serial System is an electronic components distributor with razor-thin operating margins and no pricing power. It operates as a middleman, failing the Buffett moat test and the Terry Smith high-ROIC requirement.
COMPANY DESCRIPTION
Serial System Ltd is a leading distributor of electronic components in the Asia-Pacific region, connecting global chipmakers with manufacturers of consumer electronics, industrial equipment, and automotive systems. The company boasts an extensive distribution network spanning over 80 cities, representing major semiconductor brands. Its competitive moat lies in its deep supply chain integration, value-added design-in services, and economies of scale in inventory management.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 701.1M | 586.8M | 609.8M | 665.3M | -1.7% |
| EPS | -0.00 | -0.01 | 0.00 | 0.00 | 316.7% |
| Shares | 905.8M | 905.8M | 905.8M | 905.8M | -0.0% |
| Debt | 157.9M | 150.2M | 133.0M | 158.5M | 0.1% |
| Equity | 107.5M | 96.4M | 98.4M | 102.8M | -1.5% |
| Op CF | -19.4M | 19.4M | 27.6M | -1.2M | 42.2% |
| Inv CF | 1.5M | 1.3M | -0.8M | 0.7M | — |
| Fin CF | 6.7M | -19.7M | -24.8M | -1.9M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of S69.SI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| S69.SI | Serial System Ltd(you) | $55M | 31 | SELL |
| Y3D.SI | mDR Limited | $77M | 25 | SELL |
| AMBR | Amber International Holding Limited | $139M | 17 | STRONG SELL |
| 2562.HK | Synagistics Limited | $98M | 7 | STRONG SELL |
| 2342.HK | Comba Telecom Systems Holdings Limited | $436M | 26 | SELL |
| S71.SI | Sunright Limited | $62M | 76 | BUY |
| 575.SI | ASTI Holdings Limited | $86M | 73 | BUY |
| CAN | Canaan Inc. | $257M | 5 | STRONG SELL |
| BGIN | Bgin Blockchain Limited | $327M | 3 | STRONG SELL |
| SUPX | SuperX AI Technology Limited | $351M | 1 | STRONG SELL |
Peer medians: ROE 7.2% · P/E 53.9x · Gross margin 33.0%