DU4: Mermaid Maritime Public Company Limited - Summary | Jitta

Mermaid Maritime Public Company Limited

SGX:DU4

Price
S$0.11
Loss Chance
49.2%
4.02JITTA SCORE
339.85%Over Jitta Line
Jitta Ranking
12 / 23
346 / 499
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (46)
Recent Business Performance (68)
Financial Strength (73)
Return to Shareholders (6)
Competitive Advantage (41)
Jitta Signs
Cash Conversion CycleLess than 30 days
Revenue and EarningEarning loss detected in 2021
Operating MarginDeclined
Debt LevelHigh Long Term Debt
Recent Business PerformanceEarning decline 65.06% in the last year
CapExVery High
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
4.02
339.85%
2.80
632.60%
Oil and Gas Equipment and Services
2.02
> 1,000%
2.58
133.56%
3.77
5.80%
COMPANY DESCRIPTION
Mermaid Maritime Public Company Limited, together with its subsidiaries, operates as a subsea and offshore services company in Thailand, Qatar, Nigeria, India, the United Arab Emirates, the United Kingdom, Angola, Malaysia, Singapore, Mauritius, Vietnam, and Saudi Arabia. It operates through two segments, Subsea Group and Holding. The company offers various subsea services, including inspection, repair and maintenance, infrastructure installation support, remotely operated vehicle support, and cable and flexible pipe laying services. It is also involved in the operation of 8 subsea vessels; diving/remotely operated vehicle; provision of submarine products installation services, such as installation engineering, cable transportation, surveys, cable installation with accessories, shore and platform cable pull ins, as well as inspection, repair, and maintenance of subsea cables; and offshore construction support, offshore survey, surface and subsea positioning, equipment and software, and personnel services. The company was incorporated in 1983 and is headquartered in Bangkok, Thailand. Mermaid Maritime Public Company Limited operates as a subsidiary of Thoresen Thai Agencies Public Company Limited.