DTCKFOTCWholesale-Farm Product Raw MaterialsUS GAAP · USD

Davis Commodities Ltd

Davis Commodities Ltd is an agricultural commodity trading company based in Singapore and incorporated in the Cayman Islands. It sources, markets, and distributes sugar, rice, and oil and fat products through third-party suppliers and logistics partners, serving customers across Asia, Africa, and the Middle East.

Liikevaihto184milj. USD
+39,2 %v/v
Liikevoitto (EBIT)−5,2milj. USD
−40,5 %v/v
EBIT-marginaali−2,8%
−0,0 %-yks.v/v
Nettotulos−5,0milj. USD
−42,7 %v/v
Vapaa kassavirta−1,0milj. USD
−32,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2023–2025

−50050100150200milj. USD2023: 191 milj. USD2023: EBIT 1,1 milj. USD20232024: 132 milj. USD2024: EBIT −3,7 milj. USD20242025: 184 milj. USD2025: EBIT −5,2 milj. USD2025184−5,2
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Sugar40 %

Trading and distribution of sugar products across international commodity markets.

Rice30 %

Sourcing and distribution of rice to customers in overseas markets.

Oil and fat products20 %

Trading of edible oil and fat products through third-party supply networks.

Ancillary logistics services10 %

Warehouse handling, storage, and logistics services tied to commodity delivery.

Tuotteet

Raportoitu · osuus liikevaihdosta
69,3%18,5%12,2%FY2025100 %
  • Sale of Sugar69,3 %
  • Sale of Rice18,5 %
  • Sale of Oils and Fats12,2 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Customers are buyers of bulk agricultural commodities, likely including wholesalers, distributors, processors, and other trading counterparties in food supply chains. The company serves international buyers in Asia, Africa, and the Middle East, where imported staple commodities and dependable delivery are important to availability and pricing.

Wholesale commodity buyers

Buy sugar, rice, and oil and fat products in bulk for resale or processing.

Regional importers and distributors

Purchase imported staples for onward distribution in local markets.

Food supply chain counterparties

Use the company as a sourcing and distribution partner for staple inputs.

Logistics and warehousing customers

Use ancillary handling, storage, and logistics services around commodity flows.

Strategia

The company’s strategy centers on sourcing staple agricultural commodities through a global supplier network and distributing them efficiently into international markets. Complementary warehousing and logistics services help support customer retention, reduce delivery friction, and deepen the trading relationship around the core commodity flows.

Broaden sourcing and customer reachKeskipitkä aikaväli

Commodity trading depends on access to supply and end buyers across multiple countries.

Strengthen logistics and storage supportKeskipitkä aikaväli

Ancillary services improve execution reliability and help protect trading relationships.

Improve counterparty risk managementLyhyt aikaväli

Trading and financing activities depend on customer and supplier credit quality.

Maantiede

2025

The company is based in Singapore and uses that location as a trading and operating hub. Its commercial footprint extends across Asia, Africa, and the Middle East, with customers in over 20 countries, which makes the business dependent on cross-border trade routes and regional demand for staple commodities.

Africa60 %
Kina20 %
Other countries (US filing)8,0 %
Singapore5,6 %
Thailand4,2 %
Philippines1,5 %
Vietnam0,6 %
Indonesia0,0 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business is exposed to commodity price volatility, freight and logistics disruption, and counterparty credit risk because it operates as an intermediary in physical trade. Its multinational footprint also creates exposure to trade restrictions, customs friction, and region-specific demand swings, while financing and working-capital needs can amplify operational stress.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commodity price volatility1Counterparty credit risk2Logistics and supply chain disruption3Cross-border regulatory risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commodity price volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    The company trades sugar, rice, and oil/fat products whose prices can move quickly.

    Kohdistuu: Trading margins and inventory valuation

  2. Counterparty credit riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Revenue depends on customers, suppliers, and financing counterparties honoring trade terms.

    KohdistuuReceivablesPrepaymentsTrade finance arrangements
  3. Logistics and supply chain disruptionVaikutus: KeskitasoTodennäköisyys: Korkea

    Physical commodity delivery relies on third-party storage, shipping, and handling providers.

    KohdistuuWarehousingFreightDelivery timing
  4. Cross-border regulatory riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Operations span multiple jurisdictions with different customs, sanctions, and trade rules.

    KohdistuuAsiaAfricaMiddle East trade lanes

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Commodity trades may settle when title passes, not when cash is received.

Vaikutus: Can shift revenue and gross profit between reporting periods

Inventory valuation

Held commodity inventories can be exposed to market price changes.

Vaikutus: Can affect cost of sales and period-end asset values

Expected credit losses

Trade receivables and counterparty balances may not be fully collectible.

Vaikutus: Can create provisions that reduce reported earnings

Financing and related-party disclosures

Commodity trading is working-capital intensive and may involve borrowings.

Vaikutus: Affects leverage, liquidity, and transparency of funding sources

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Davis Commodities Ltd (OTC) – Wholesale-Farm Product Raw Materials | Analyysi – Clarifo