---
title: "Hong Leong Asia Ltd. (H22.SG)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/H22.SG.md"
symbol: "H22.SG"
name: "Hong Leong Asia Ltd."
industry: "Construction Machinery and Heavy Transportation Equipment"
datetime: "2026-05-20T09:03:31.297Z"
locales:
  - [en](https://longbridge.com/en/quote/H22.SG.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/H22.SG.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/H22.SG.md)
---

# Hong Leong Asia Ltd. (H22.SG)

## Company Overview

Hong Leong Asia Ltd., an investment holding company, manufactures and distributes powertrain solutions and related products, building materials, and rigid packaging products in the People’s Republic of China, Singapore, Malaysia, and internationally. It operates through Powertrain Solutions and Building Materials segments. The Powertrain Solutions segment offers engines for on-road, off-road, genset, and marine applications. The Building Materials segment manufactures and supplies cement, pre-cast concrete products, ready-mix concrete, and quarry products.

| Item | Detail |
|------|--------|
| Industry | Construction Machinery and Heavy Transportation Equipment |
| Exchange | SG Market |
| Website | [www.hlasia.com.sg](https://www.hlasia.com.sg) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:13.000Z

**Overall: B (0.34)**

**Industry**: Construction Machinery and Heavy Transportation Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 2 / 13 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 21.95% |  |
| Net Profit YoY | 28.53% |  |
| P/B Ratio | 2.42 |  |
| Dividend Ratio | 2.42% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 2650010223.89 |  |
| Revenue | 5198302615.20 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 10.73% | B |
| Profit Margin | 2.18% | C |
| Gross Margin | 18.70% | D |
| Revenue YoY | 21.95% | B |
| Net Profit YoY | 28.53% | B |
| Total Assets YoY | 15.20% | B |
| Net Assets YoY | 5.40% | C |
| Cash Flow Margin | 526.62% | A |
| OCF YoY | 21.95% | B |
| Turnover | 0.83 | B |
| Gearing Ratio | 61.40% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hong Leong Asia Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "21.95%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "28.53%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.42",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.42%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "2650010223.89",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "5198302615.20",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "10.73%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "2.18%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "18.70%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "21.95%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "28.53%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "15.20%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.40%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "526.62%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "21.95%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.83",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "61.40%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 23.42 | 9/13 | 20.96 | 19.03 | 14.57 |
| PB | 2.42 | 10/13 | 2.06 | 1.80 | 1.28 |
| PS (TTM) | 0.51 | 4/13 | 0.43 | 0.38 | 0.30 |
| Dividend Yield | 2.42% | 5/13 | 2.45% | 2.11% | 1.72% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | YZJ Shipbldg RMB (SO7.SG) | A | B | C | C | C | B |
| 02 | Hong Leong Asia (H22.SG) | C | B | B | D | A | B |
| 03 | Penguin (BTM.SG) | B | B | B | B | C | B |
| 04 | Grand Banks (G50.SG) | B | B | A | C | B | B |
| 05 | Wong Fong Ind (1A1.SG) | B | B | A | B | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-14T16:00:00.000Z

Total Analysts: **3**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 2 | 67% |
| Overweight | 1 | 33% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 3.29 |
| Highest Target | 4.90 |
| Lowest Target | 3.90 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/H22.SG/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/H22.SG/norm.md)
- [Related News](https://longbridge.com/en/quote/H22.SG/news.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**