Logo

JCSE

JE Cleantech Holdings Limited

JCSE

JE Cleantech Holdings Limited • NASDAQ
$1.12 ▲ 0.00% (+0.00)
Market Cap $5.89 M
52w High $2.07
52w Low $0.86
Dividend Yield 0.09%
P/E -5.33
Volume 181
Outstanding Shares 5.26M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $8.537M ▼ $2.957M ▲ $-566K ▼ -6.63% ▼ $-0.11 ▼ $-269K ▼
Q2-2024 $10.742M ▲ $2.267M ▲ $598K ▲ 5.567% ▲ $0.12 ▲ $1.008M ▼
Q4-2023 $9.218M ▲ $1.838M ▲ $240K ▼ 2.604% ▼ $0.048 ▼ $1.205M ▲
Q2-2023 $8.814M ▼ $1.562M ▼ $279K ▼ 3.165% ▼ $0.056 ▲ $507K ▼
Q4-2022 $11.434M $1.683M $1.045M 9.139% $0.051 $2.081M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $5.742M ▲ $35.114M ▲ $18.621M ▲ $16.493M ▼
Q2-2024 $4.854M ▼ $34.538M ▼ $17.256M ▼ $17.282M ▲
Q4-2023 $5.089M ▲ $35.493M ▲ $18.78M ▲ $16.713M ▲
Q2-2023 $4.885M ▼ $34.868M ▼ $18.36M ▼ $16.508M ▲
Q4-2022 $6.561M $35.465M $19.184M $16.281M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-566K ▼ $2.58M ▲ $-1.076M ▼ $-571K ▼ $-4.807M ▼ $1.443M ▲
Q2-2024 $598K ▲ $-530.209K ▼ $-421.552K ▼ $697.221K ▲ $4.807M ▲ $-646.91K ▼
Q4-2023 $240.656K ▼ $711.943K ▲ $33.09K ▲ $-523.429K ▲ $328.664K ▲ $745.033K ▲
Q2-2023 $282.62K ▼ $673.627K ▲ $-247.165K ▲ $-2.072M ▲ $-1.736M ▼ $426.461K ▲
Q4-2022 $1.05M $-42.196K $-696.223K $-2.875M $0 $-738.419K

Five-Year Company Overview

Income Statement

Income Statement JE Cleantech’s income statement shows a very small, fairly flat revenue base with thin margins. The company has been hovering around break-even, with profits not consistently standing out above expenses. This suggests the business is still in a delicate phase where even modest swings in sales or costs can shift results. On the positive side, the absence of big losses hints at some cost discipline, but earnings do not yet show strong, stable growth momentum.

Balance Sheet

Balance Sheet The balance sheet looks modest in scale, with a small pool of assets and equity and a manageable but noticeable amount of debt. Cash levels are limited, so the company does not appear to sit on a large financial cushion. Equity is positive, which means the business is not overburdened on paper, but the small size of the balance sheet highlights its status as a relatively small, potentially more fragile player. Overall, financial flexibility is likely adequate for a niche operation but not generous.

Cash Flow

Cash Flow Cash flow from operations has generally been close to break-even, with at least one recent year showing cash outflow. Free cash flow has followed a similar pattern, suggesting that the company is not consistently generating surplus cash after basic spending. Capital spending appears light, which helps conserve cash but may also reflect cautious growth investment. The cash profile points to a business that must carefully manage working capital and may have limited room for major, self-funded expansion.

Competitive Edge

Competitive Edge JE Cleantech operates in a narrow but specialized niche, combining precision cleaning systems for high-tech industries with a recurring centralized dishwashing service. Its strength lies in deep technical know-how, customized equipment, and long-standing relationships in sectors like semiconductors and industrial hardware, which can make it costly for customers to switch suppliers. In Singapore’s centralized dishwashing market, it holds a meaningful share and benefits from long-term contracts, providing a base of recurring service income. However, its small size and regional focus mean it competes against both local specialists and larger global equipment providers with deeper pockets.

Innovation and R&D

Innovation and R&D Innovation is a clear emphasis: the company develops advanced cleaning systems using technologies like ultrasonic cleaning, automation, and robotics, along with eco-friendly features to cut water and energy use. It is working on autonomous cleaning robots and IoT-enabled equipment, aiming to offer smarter, more efficient solutions and ongoing monitoring services. Collaborations with research institutions and expansion into new high-tech customer segments, such as sensor manufacturers, show an effort to keep its offerings differentiated. This focus on engineering, customization, and sustainability helps reinforce its niche positioning despite its small scale.

Summary

Overall, JE Cleantech is a small, specialized industrial company with a fragile but not overstretched financial profile and a strong emphasis on technology and customization. Revenue and earnings are modest and not yet clearly on a strong growth trajectory, which keeps financial risk elevated if conditions weaken. At the same time, its niche expertise, recurring dishwashing services, and pipeline of innovations in robotics and IoT-backed systems provide potential avenues for future growth. The company’s story hinges on its ability to translate its technical strengths and order book into more consistent profitability and stronger cash generation over time.

NEWS

November 19, 2025 · 9:00 AM UTC

JE Cleantech (JCSE) Announces Annual General Meeting Results

Read more

November 18, 2025 · 9:00 AM UTC

JE Cleantech Holdings Limited Announces The Sale of One of its Industrial Properties

Read more