DTCKFOTCWholesale-Farm Product Raw MaterialsFiscal year ends December 31
DAVIS COMMODITIES Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on May 15, 2026
$0.25+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
1.6%
Operating margin
-2.8%
Net margin
-2.7%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +39.2% | -3.8% | – | – | |
| Gross profit | +23.4% | -39.4% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -108.5% | |
| Return on assets | – | – | -24.5% | |
| Current ratio | – | – | 1.18 | |
| Interest coverage | – | – | -12.0× | |
| Inventory turnover | – | – | 714.0× | |
| Capex to revenue | – | – | 0.0% | |
| Diluted shares | – | – | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
Davis Commodities generated $8.78M from operations and spent $3.33M on capital expenditure, dividends and share buybacks. 10% of that went back into the business.
Generated
$8.78M
Used
$3.33M
Capital expenditure$328.00K10%Dividends$3.00M90%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2.7%
×Asset turnover8.98×
×Equity multiplier4.42×
=Return on equity, FY2025-108.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -2.7% | 8.98× | 4.42× | -108.5% |
| FY2024 | -2.7% | 5.34× | 2.92× | -41.6% |
| FY2023 | 0.6% | 7.98× | 2.94× | 13.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$5.04M
- Cash generatingOperating cash flow above zero-$1.03M
- Return on assets improvedROA up on the prior year-11.8% → -25.6%
- Earnings backed by cashOperating cash flow above net income-$1.03M vs -$5.04M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.04 → 1.18
- No dilutionShare count did not rise25M → –
- Gross margin improvedGross margin up on the prior year1.76% → 1.56%
- More efficientAsset turnover rose4.43 → 9.36