$Soup Holdings(5KI.SI)$ Source: Tiger AI

What do you think of Soup holdings?

Based on the latest data for Soup Holdings (5KI.SI), the company is facing earnings deterioration and management transition, signaling a challenging outlook.

Conclusion: Weak fundamentals and negative momentum

Soup Holdings is currently unprofitable (negative P/E of -12.96x), with earnings per share declining over the last two fiscal years. The stock is trading at a relatively high Price-to-Book ratio of 2.34x despite negative ROE (-16.39%), and daily trading volume is extremely thin (only 500 shares). Recent management departures and elevated geopolitical cost risks add further uncertainty.

Key Information

Profitability Deterioration: The company has reported negative earnings per share for FY2025 and a negative Return on Equity (ROE) of -16.39%. Net income was -1.23M SGD in the latest fiscal year.

Valuation Disconnect: With a negative P/E and a Price-to-Book ratio of 2.34x, the stock is valued at a premium to its tangible book value while the business is destroying shareholder equity. At a share price of SGD 0.057, the stock is trading at 0.42x sales.

Management Risk: The managing director, Wong Chi Keong, resigned effective April 28, 2026 2. Co-founder Wong Wei Teck has been re-designated as CEO, centralizing leadership amid geopolitical uncertainty 34.

Geopolitical & Cost Exposure: The company stated its exposure to Iran war-related disruption, including a potential blockade of the Straits of Hormuz, is manageable but requires tighter cost control and selective price reviews 1.

Risk Factors

Low Liquidity: Trading volume of only 500 shares and a volume ratio of 0.03 indicates severe illiquidity, making it difficult to enter or exit positions without affecting the price. (<-----James Ang got stuck🤭🤭🤭)

Negative Earnings Trend: Earnings per share have declined consistently over the past three fiscal years (from 0.04 to negative 0.00), and the company is currently unprofitable (ROE -16.39%).

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  • Jamesbonding
    ·05-20 14:16
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    Ang Yu Seng lost $75,000 in 2 months after investing $1.5 million in soup restaurant. I will buy more shares at lower than 6 cents, cheaper than Ang Yu Seng price
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  • Jamesbonding
    ·05-20 13:59
    I will buy 25 million shares like Ang Yu Seng at 4 cents, $0.5 million cheaper than Ang Yu Seng. About 9% stake.
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  • Jamesbonding
    ·05-20 14:14
    I have 650g of gold, will wait for $100/g then I buy another 2 kg.
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  • Jamesbonding
    ·05-20 15:41
    I have $70,000 cash to buy another 1.5 million shares
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  • Jamesbonding
    ·05-20 14:14
    I already have 3 million shares. Will wait and buy another 22 million shares at 4.x cents
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