SIA Engineering

OverviewSuggest Edit

SIA Engineering provides extensive maintenance, repair and overhaul (MRO) of aircraft to more than 80 international airlines worldwide.
With certifications from more than 20 airworthiness authorities, SIAEC's six hangars and 22 in-house workshops in Singapore provide complete MRO services in airframe, component, engine, aircraft conversions and modifications to major airlines from four continents. Our component, engine and modifications joint ventures forged with the world's leading engine and component manufacturers, further deepen our MRO service offerings.
At Singapore Changi Airport, SIAEC provides line maintenance services to more than 50 airlines passing through Singapore. We ensure a high level of punctuality for all our customers' flight departures. Beyond Singapore, our growing network of line maintenance support is extended to airports in Australia, United States, Hong Kong, Indonesia, Philippines and Vietnam.
With our comprehensive and integrated MRO solutions, we are dedicated to providing on-time deliveries and meeting every need of our customers.

TypePublic
Founded1972
HQSingapore, SG
Websitesiaec.com.sg
Employee Ratings2.7

Locations

SIA Engineering is headquartered in
Singapore, Singapore

Location Map

Latest Updates

Employees (est.) (Jun 2022)6,253
Revenue (FY, 2022)S$566.1 M(+28%)
Share Price (Aug 2022)S$2.4(-1%)
Cybersecurity ratingAMore
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Key People/Management at SIA Engineering

Tang Kin Fei

Tang Kin Fei

Chairman
Goh Choon Phong

Goh Choon Phong

Director
Chew Teck Soon

Chew Teck Soon

Director
Christina Ong

Christina Ong

Director
Ng Chin Hwee

Ng Chin Hwee

Director and Chief Executive Officer
Manohar Khiatani

Manohar Khiatani

Director
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SIA Engineering Office Locations

SIA Engineering has an office in Singapore
Singapore, SG (HQ)
31 Airline Rd
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SIA Engineering Financials and Metrics

SIA Engineering Revenue

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View revenue for all periods
SIA Engineering's revenue was reported to be S$566.09 m in FY, 2022
SGD

Revenue (FY, 2022)

566.1m

Gross profit (FY, 2022)

485.3m

Gross profit margin (FY, 2022), %

85.7%

Net income (FY, 2022)

67.8m

EBITDA (FY, 2022)

120.6m

EBIT (FY, 2022)

59.8m

Market capitalization (2-Aug-2022)

2.7b

Closing stock price (2-Aug-2022)

2.4

Cash (31-Mar-2022)

41.5m

EV

2.8b
SIA Engineering's current market capitalization is S$2.7 b.
Annual
SGDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Revenue

1.1b1.0b994.1m443.0m566.1m

Cost of goods sold

(186.5m)(145.2m)(128.5m)(60.5m)(80.8m)

Gross profit

908.4m875.7m865.6m382.5m485.3m

Gross profit Margin, %

83%86%87%86%86%
Half Year
SGDH1, 2021H1, 2022

Revenue

223.0m263.5m

Cost of goods sold

(30.1m)(38.7m)

Gross profit

192.9m224.9m

Gross profit Margin, %

87%85%
Quarterly
SGDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

257.7m251.3m255.9m258.1m254.6m252.1m

Cost of goods sold

(41.4m)(33.4m)(63.9m)(32.9m)(36.3m)(59.2m)

Gross profit

216.3m217.9m192.3m225.2m218.3m192.9m

Gross profit Margin, %

84%87%75%87%86%77%
Annual
SGDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Cash

66.1m55.8m39.3m94.5m41.5m

Accounts Receivable

70.9m81.2m60.3m34.8m35.4m

Prepaid Expenses

9.6m11.1m10.4m5.5m9.4m

Inventories

34.2m35.6m39.4m35.1m33.0m
Half Year
SGDH1, 2021H1, 2022

Cash

52.5m69.1m

Accounts Receivable

76.5m32.3m

Prepaid Expenses

16.6m35.9m

Inventories

39.6m33.3m
Quarterly
SGDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

57.7m48.4m43.9m56.2m50.7m50.8m

Accounts Receivable

81.2m87.7m76.7m82.4m60.6m59.4m

Prepaid Expenses

29.1m21.8m21.6m21.4m23.6m30.8m

Inventories

34.8m35.6m34.8m36.3m38.6m39.4m
Annual
SGDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Net Income

209.6m179.1m204.5m(35.6m)49.2m

Depreciation and Amortization

53.9m53.5m76.2m71.2m63.3m

Inventories

3.1m(1.5m)(3.9m)3.4m2.1m

Accounts Payable

(21.6m)13.8m(9.9m)(17.7m)(28.1m)
Half Year
SGDH1, 2021H1, 2022

Net Income

(38.1m)19.7m

Depreciation and Amortization

38.0m31.9m

Inventories

(200.0k)1.8m

Accounts Payable

(2.3m)4.0m
Quarterly
SGDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

44.1m87.3m169.6m45.7m96.8m199.5m

Depreciation and Amortization

13.7m27.0m54.1m18.5m37.5m76.1m

Inventories

(600.0k)(1.4m)(1.4m)(700.0k)(3.0m)(4.5m)

Accounts Payable

39.3m5.0m42.9m15.4m22.3m
SGDFY, 2018

Revenue/Employee

47.2k

Financial Leverage

1.2 x
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SIA Engineering Revenue Breakdown

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SIA Engineering revenue breakdown by business segment: 106.9% from AIRFRAME AND LINE MAINTENANCE, 865.6% from ENGINE AND COMPONENT and -872.6% from Other

SIA Engineering revenue breakdown by geographic segment: 79.3% from EAST ASIA, 10.0% from EUROPE, 6.2% from AMERICAS and 4.5% from Other

SIA Engineering Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

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SIA Engineering Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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SIA Engineering Online and Social Media Presence

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SIA Engineering Frequently Asked Questions

  • When was SIA Engineering founded?

    SIA Engineering was founded in 1972.

  • Who are SIA Engineering key executives?

    SIA Engineering's key executives are Tang Kin Fei, Goh Choon Phong and Chew Teck Soon.

  • How many employees does SIA Engineering have?

    SIA Engineering has 6,253 employees.

  • What is SIA Engineering revenue?

    Latest SIA Engineering annual revenue is S$566.1 m.

  • What is SIA Engineering revenue per employee?

    Latest SIA Engineering revenue per employee is S$90.5 k.

  • Who are SIA Engineering competitors?

    Competitors of SIA Engineering include Lufthansa Technik, Aviation Technical Services and HAECO.

  • Where is SIA Engineering headquarters?

    SIA Engineering headquarters is located at 31 Airline Rd, Singapore.

  • Where are SIA Engineering offices?

    SIA Engineering has an office in Singapore.

  • How many offices does SIA Engineering have?

    SIA Engineering has 1 office.