Financial Analysis Report: Leader Environmental Technologies Limited
Net Profit Growth/Decline: Not explicitly stated in the report.
Company Overview
Leader Environmental Technologies Limited, incorporated in Singapore on August 15, 2006, operates in the environmental technology sector. The company’s core business operations, business segments, and geographic footprint are not explicitly stated in the report. However, it is mentioned that the company, through its subsidiary NTi Memtech Pte Ltd, and Innovamem Holdings Pte Ltd, incorporated NTi Technology Pte Ltd, a joint venture.
Industry Position and Competitors
The report does not provide information on the company’s position within the industry, its competitors, and its market share.
Revenue Streams, Customer Base, Supply Chain, and Competitive Advantage
The report does not provide information on the company’s revenue streams, customer base, supply chain, and competitive advantage.
Financial Statement Analysis
Income Statement
Not provided in the report.
Balance Sheet
The report mentions that there were certain reclassifications made by the Company in respect of the Consolidated Statement of Financial Position and Consolidated Statement of Cash Flows in the FY2024 Audited Financial Statements as compared with the Unaudited Financial Statements for FY2024.
Cash Flow Statement
The report provides a comparison of the Audited and Unaudited Financial Statements for FY2024:
Cash Flows from Investing Activities: The company received government grants totaling RMB9,324,000 to finance its sludge treatment demonstration plant, which was capitalized under property, plant, and equipment.
Cash Flows from Financing Activities: The company had capital contributions from non-controlling shareholders of subsidiaries, proceeds from bank borrowings, repayments of bank borrowings, and repayments of lease liabilities.
Key Facts and Investor Action
The company received government grants totaling RMB9,324,000 to finance its sludge treatment demonstration plant.
The investment in NTi Tech is reclassified as an investment in associate instead of joint venture.
The reclassifications made to the Consolidated Statement of Financial Position and Consolidated Statement of Cash Flows have no net impact on the total non-current assets and total cash and cash equivalent reported at the end of the financial year.
Dividend and Earnings
Not mentioned in the report.
Special Activity or Action
The company is taking steps to improve its profitability by incorporating NTi Technology Pte Ltd, a joint venture, and receiving government grants to finance its sludge treatment demonstration plant.
Report Details
Date of the report: April 14, 2025
Financial year: 2024
Recommendation
For current investors: Hold the stock, as the company is taking steps to improve its profitability and has received government grants to finance its projects.
For potential investors: Consider buying the stock, as the company has a potential for growth with its environmental technology sector and government grants.
Disclaimer: The recommendation is based solely on the information provided in the report and should not be considered as investment advice. Investors should conduct their own research and consult with financial experts before making any investment decisions.
Financial Analysis Report: Leader Environmental Technologies Limited
Net Profit Growth/Decline: Not explicitly stated in the report.
Company Overview
Leader Environmental Technologies Limited, incorporated in Singapore on August 15, 2006, operates in the environmental technology sector. The company’s core business operations, business segments, and geographic footprint are not explicitly stated in the report. However, it is mentioned that the company, through its subsidiary NTi Memtech Pte Ltd, and Innovamem Holdings Pte Ltd, incorporated NTi Technology Pte Ltd, a joint venture.
Industry Position and Competitors
The report does not provide information on the company’s position within the industry, its competitors, and its market share.
Revenue Streams, Customer Base, Supply Chain, and Competitive Advantage
The report does not provide information on the company’s revenue streams, customer base, supply chain, and competitive advantage.
Financial Statement Analysis
Income Statement
Not provided in the report.
Balance Sheet
The report mentions that there were certain reclassifications made by the Company in respect of the Consolidated Statement of Financial Position and Consolidated Statement of Cash Flows in the FY2024 Audited Financial Statements as compared with the Unaudited Financial Statements for FY2024.
Cash Flow Statement
The report provides a comparison of the Audited and Unaudited Financial Statements for FY2024:
- Cash Flows from Investing Activities: The company received government grants totaling RMB9,324,000 to finance its sludge treatment demonstration plant, which was capitalized under property, plant, and equipment.
- Cash Flows from Financing Activities: The company had capital contributions from non-controlling shareholders of subsidiaries, proceeds from bank borrowings, repayments of bank borrowings, and repayments of lease liabilities.
Key Facts and Investor Action
- The company received government grants totaling RMB9,324,000 to finance its sludge treatment demonstration plant.
- The investment in NTi Tech is reclassified as an investment in associate instead of joint venture.
- The reclassifications made to the Consolidated Statement of Financial Position and Consolidated Statement of Cash Flows have no net impact on the total non-current assets and total cash and cash equivalent reported at the end of the financial year.
Dividend and Earnings
Not mentioned in the report.
Special Activity or Action
The company is taking steps to improve its profitability by incorporating NTi Technology Pte Ltd, a joint venture, and receiving government grants to finance its sludge treatment demonstration plant.
Report Details
- Date of the report: April 14, 2025
- Financial year: 2024
Recommendation
For current investors:
Hold the stock, as the company is taking steps to improve its profitability and has received government grants to finance its projects.
For potential investors:
Consider buying the stock, as the company has a potential for growth with its environmental technology sector and government grants.
Disclaimer:
The recommendation is based solely on the information provided in the report and should not be considered as investment advice. Investors should conduct their own research and consult with financial experts before making any investment decisions.
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