Singamas Container Holdings (HKSE:00716) Beneish M-Score: -1.61 (As of Aug. 17, 2026)

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HKSE:00716 Singamas Container Holdings Ltd HKSE:00716
36 GF Score
Price HK$0.45
GF Value HK$0.52
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Singamas Container Holdings Beneish M-Score?

Singamas Container Holdings HKSE:00716 36 Beneish M-Score is -1.61 as of Aug. 17, 2026. GuruFocus rates HKSE:00716 with a GF Score™ of 36/100 and a GF Value™ of HK$0.52 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 382 Packaging & Containers companies, Singamas Container Holdings ranks worse than 86.39% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Warning Sign:

Beneish M-Score -1.61 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Singamas Container Holdings's Beneish M-Score or its related term are showing as below:

HKSE:00716' s Beneish M-Score Range Over the Past 10 Years
Min: -2.98   Med: -2.09   Max: 0.71
Current: -1.61

During the past 13 years, the highest Beneish M-Score of Singamas Container Holdings was 0.71. The lowest was -2.98. And the median was -2.09.


Singamas Container Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Singamas Container Holdings's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Singamas Container Holdings Beneish M-Score Chart

Singamas Container Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.98 -2.37 -2.61 -2.14 -1.61

Singamas Container Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.61 0.00 -2.14 0.00 -1.61

HKSE:00716 vs SW, PKG, IP: Beneish M-Score Comparison

For the Packaging & Containers subindustry, Singamas Container Holdings's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Singamas Container Holdings Beneish M-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Singamas Container Holdings's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Singamas Container Holdings's Beneish M-Score falls into.


HKSE:00716
36GF Score
Singamas Container Holdings Ltd HKSE:00716
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singamas Container Holdings Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Singamas Container Holdings for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.5897+0.528 * 1.0822+0.404 * 1.0631+0.892 * 0.827+0.115 * 1.234
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0026+4.679 * 0.078671-0.327 * 0.9521
=-1.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was HK$259 Mil.
Revenue was HK$3,747 Mil.
Gross Profit was HK$551 Mil.
Total Current Assets was HK$3,261 Mil.
Total Assets was HK$6,421 Mil.
Property, Plant and Equipment(Net PPE) was HK$2,045 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$129 Mil.
Selling, General, & Admin. Expense(SGA) was HK$392 Mil.
Total Current Liabilities was HK$1,459 Mil.
Long-Term Debt & Capital Lease Obligation was HK$13 Mil.
Net Income was HK$135 Mil.
Gross Profit was HK$0 Mil.
Cash Flow from Operations was HK$-370 Mil.
Total Receivables was HK$197 Mil.
Revenue was HK$4,530 Mil.
Gross Profit was HK$721 Mil.
Total Current Assets was HK$4,125 Mil.
Total Assets was HK$6,531 Mil.
Property, Plant and Equipment(Net PPE) was HK$1,340 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$106 Mil.
Selling, General, & Admin. Expense(SGA) was HK$472 Mil.
Total Current Liabilities was HK$1,567 Mil.
Long-Term Debt & Capital Lease Obligation was HK$5 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(258.968 / 3746.798) / (196.97 / 4530.369)
=0.069117 / 0.043478
=1.5897

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(721.263 / 4530.369) / (551.215 / 3746.798)
=0.159206 / 0.147116
=1.0822

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (3261.299 + 2045.082) / 6420.895) / (1 - (4125.258 + 1339.73) / 6531.382)
=0.173576 / 0.163272
=1.0631

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=3746.798 / 4530.369
=0.827

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(105.687 / (105.687 + 1339.73)) / (128.811 / (128.811 + 2045.082))
=0.073119 / 0.059254
=1.234

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(391.553 / 3746.798) / (472.195 / 4530.369)
=0.104503 / 0.104229
=1.0026

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((12.753 + 1458.519) / 6420.895) / ((5.216 + 1566.62) / 6531.382)
=0.229138 / 0.240659
=0.9521

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(135.472 - 0 - -369.666) / 6420.895
=0.078671

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Singamas Container Holdings has a M-score of -1.61 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -1.61 mean?
Singamas Container Holdings (HKSE:00716) has a Beneish M-Score of -1.61 as of Aug. 17, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Singamas Container Holdings and its competitors. According to the industry distribution chart, Singamas Container Holdings ranks #330 out of 382 companies in the Packaging & Containers industry, placing it in the top 86.4%.
Is Singamas Container Holdings' Beneish M-Score too high?
Singamas Container Holdings' current Beneish M-Score is -1.61. Based on the distribution chart, Singamas Container Holdings ranks #330 out of 382 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Singamas Container Holdings has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Singamas Container Holdings' Beneish M-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Singamas Container Holdings ranks #330 out of 382 companies for Beneish M-Score. This places Singamas Container Holdings in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Packaging & Containers company?
A good Beneish M-Score depends on the Packaging & Containers industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Singamas Container Holdings and its competitors. Singamas Container Holdings's current Beneish M-Score is -1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singamas Container Holdings stock overvalued right now?
Based on GuruFocus' analysis, Singamas Container Holdings (HKSE:00716) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.52, compared to a current price of HK$0.45 — trading 14.4% below its estimated fair value. The current Beneish M-Score is -1.61. Singamas Container Holdings' overall GF Score™ is 36/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Singamas Container Holdings (HKSE:00716), the current Beneish M-Score is -1.61 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Singamas Container Holdings (HKSE:00716) Overvalued in 2026?

Based on GuruFocus' analysis, Singamas Container Holdings stock appears to be undervalued. The current stock price of HK$0.45 is trading 14.4% below its estimated GF Value™ of HK$0.52. GuruFocus considers Singamas Container Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:00716:

  • Beneish M-Score: -1.61
  • GF Value™: HK$0.52 vs. price of HK$0.45 (14.4% below fair value)
  • GF Score™: 36/100 with 8 warning signs

No single metric tells the full story. See the HKSE:00716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Singamas Container Holdings Business Description

Other Exchanges SNGSF:USA
Address No. 138 Gloucester Road, 15th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Singamas Container Holdings Ltd is a Hong Kong-based investment holding company. Its operations represent two business segments. The Manufacturing and Leasing segment, which is the key revenue driver for the company. It involves the manufacturing of dry freight containers, tank containers, other specialised containers (including but not limited to collapsible flatrack containers, energy storage system containers, and offshore containers) and container parts and leasing of dry freight containers. The Logistics services segment is engaged in the provision of container storage, repair, and trucking services, serving as a freight station, container/cargo handling, and other container-related services. Geographically, the company generates key revenue from the PRC and Singapore.
36GF Score

Get the complete analysis for HKSE:00716

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.45
Price
HK$0.52
GF Value