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12 things to know about Sheng Siong before you invest (updated 2019)
By The Fifth Person  •  July 8, 2019

Listed in 2011, Sheng Siong Group Limited is the owner and operator of one of the largest supermarket chains in Singapore. As of 7 July 2019, Sheng Siong is worth S$1.65 billion in market capitalisation. In this article, I’ll give a review of its latest results, long-term financial performance, and valuation ratios.

Here are 12 things to know about Sheng Siong before you invest.

1. Group revenue has grown at a compound annual growth rate (CAGR) of 6.4% over the last eight years, from S$578.4 million in 2011 to S$890.9 million in 2018.

Source: Sheng Siong Group annual reports

Sales growth has come mainly from the opening of new stores, while same-store sales growth has remained positive every year since 2012, except for 2013. As at 31 December 2018, Sheng Siong has 54 stores in Singapore — an addition of ten brand-new stores from a store count of 44

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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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