Asian stock: Sheng Siong Group

Company: Sheng Siong Group Limited

Bloomberg ticker: SSG SP

Market cap: US$1,674m

Background: Sheng Siong Group Limited is the third-largest supermarket chain in Singapore. It provides low-cost essential products to mass-market consumers through its no-frills approach. SSG had 64 outlets in Singapore’s heartlands, and 4 in Kunming, China as of 2021. The company derives all of its revenue from supermarket operations.

World Class Benchmarking of Sheng Siong Group

• Profitable Growth rank of 1 was same compared to the prior period’s 1st rank
• This is World Class performance compared to 580 large Cons. Staples companies worldwide
• Profitability rank of 1 was better than its Growth rank of 7
• Profitability rank of 1 was the same compared to the prior period’s 1st rank
• This is World Class performance compared to peers
• Growth rank of 7 was down compared to the prior period’s 2nd rank
• This is below average performance compared to peers