Asian Stock: Sheng Siong Group Ltd

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.

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Company: Sheng Siong Group Limited

Bloomberg ticker: SSG SP

Market cap: US$1,643m

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 68 outlets in Singapore’s heartlands, and 5 in Kunming, China as of 2023. The company derives all of its revenue from supermarket operations.
 

World Class Benchmarking of Sheng Siong Group

(Click on image to enlarge)

  • Profitable Growth rank of 1 was same compared to the prior period’s 1st rank
  • This is World Class performance compared to 570 large Cons. Staples companies worldwide
  • Profitability rank of 1 was better than its Growth rank of 6
  • 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 6 was the same compared to the prior period’s 6th rank
  • This is below average performance compared to peers

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