Showing posts with label Guan Chong. Show all posts
Showing posts with label Guan Chong. Show all posts

Friday 16 November 2012

Guan Chong Q3 earnings up 5.6% to RM27.4m, dividend 2 sen


Published: Friday November 16, 2012 MYT 1:54:00 PM

KUALA LUMPUR: Cocoa processor Guan Chong Bhd's earnings rose 5.6% to RM27.41mil in the third quarter ended Sept 30, 2012 from RM25.94mil a year ago, supported by a 5.9% increase in sales volume and improved profit margin.
It said on Friday the higher profit was achieved in spite of a 4.7% decline in revenue to RM348.47mil from RM365.72mil a year ago due to lower average selling prices of cocoa ingredients and the drop in cocoa bean prices.
Earnings per share were 5.76 sen compared with 5.44 sen. Its dividend was 2.0 sen compared with 4.0 sen a year ago.
Its managing director and CEO Brandon Tay Hoe Lian said the better earnings were despite the challenging markets in the US and Europe, and volatile prices for raw materials.
"GCB was able to weather the storm as we continued to find new markets and maintained an efficient cost structure for our plants in Pasir Gudang and Batam," he said.
On the 2.0 sen dividend, the company said it had paid 9.0 sen per share so far in FY12, or RM31.8mil, which was in line with its dividend policy of paying 25% of net profit to shareholders.
Guan Chong's nine-months earnings increased by 3.9% to RM94.02mil from RM90.47mil in the previous corresponding period. Revenue rose 2.5% to RM1.015bil from RM990.36mil.

Friday 28 September 2012

Guan Chong

Guan Chong Period (Yrs) 6
Dec-05 Dec-11 Change CAGR
millions millions
Equity 80.27 262.11 226.54% 21.80%
LT Assets 63.63 249.83 292.63% 25.60%
Current Assets 131.11 644.42 391.51% 30.39%
LT Liabilities 8.7 22.28 156.09% 16.97%
Current Liabilities 104.74 603.48 476.17% 33.89%
Sales 412.7 1382.8 235.06% 22.33%
Earnings 16.8 123 632.14% 39.35%
Interest expense 3.95 6.6 67.09% 8.93%
D/E 0.96 1.67
ROA 8.63% 13.75%
ROE  20.93% 46.93%
Market cap 154.8 319.74 106.55% 12.85%
P/E 9.21 2.60
Earnings Yield 10.85% 38.47%
P/BV 1.93 1.22
DPO ratio (historical) 31.50%
Dividend Yield range High Low
7.20% 3.20%


Stock Performance Chart for Guan Chong Berhad

Thursday 30 August 2012

Guan Chong - Return on Retained Earnings

Guan Chong
Year DPS EPS Retained EPS
2002
2003
2004
2005 2.3 5.1 2.8
2006 2.8 5.2 2.4
2007 2.3 4.2 1.9
2008 0.7 2.1 1.4
2009 2 4.2 2.2
2010 5.4 28.7 23.3
2011 12.3 36.68 24.38
2012
Total 27.8 86.18 58.38
From 2005 to 2011
EPS increase (sen) 31.6
DPO 32%
Return on retained earnings  54%
(Figures are in sens)

Monday 2 April 2012

Guan Chong versus Dutch Lady (A Comparative Study)


8.3.2012 5.3.2012
Guan Chong Dutch Lady
Income Statement
31/12/2011 31/12/2011
RM (m) RM (m)
Revenue 1,382.80 810.65
Gross Profit 304.47
Operating Profit 156.667 139.372
Financing costs -6.598 -0.919
PBT 150.069 141.553
PAT 124.641 108.082
EPS (basic) sen 38.68 168.88
EPS (diluted) sen 37.27
Balance Sheet
NCA 250.665 74.048
CA 650.093 324.465
Total Assets 900.758 398.513
Total Equity 268.494 259.154
NCL 23.118 4.051
CL 609.146 135.308
Total Liabilities 632.264 139.359
Total Eq + Liab 900.758 398.513
Net assets per share 82.550 4.05
Cash & Eq 13.16 193.143
LT Borrowings 8.917 0
ST Borrowings 427.672 0
Net Cash -423.429 193.143
Inventories 466.392 93.448
Trade receivables 170.337 36.713
Trade payables 161.907 121.831
Quick Ratio 0.30 1.71
Current Ratio 1.07 2.40
Cash flow statement
PBT 150.069 141.553
OPBCWC 182.743
Cash from Operations -54.949 188.290
Net CFO -72.380 161.940
CFI -106.673 -7.135
CFF 180.136 -47.319
Capex -107.002 -10.882
FCF -179.382 151.058
Dividends paid -38.932 -46.400
DPS (sen) 14.00 72.5
No of ord shares (m)
basic 317.957 64
diluted 330.026
Financial Ratios
Gross Profit Margin    - 37.56%
Net Profit Margin 9.01% 13.33%
Asset Turnover 1.54 2.03
Financial Leverage 3.35 1.54
ROA 13.84% 27.12%
ROC 18.01% 163.73%
ROE 46.42% 41.71%
Valuation 8.3.2012 5.3.2012
Price  2.6 29.5
Market cap (m) 858.07 1888.00
P/E 6.88 17.47
P/BV 3.20 7.29
P/FCF -4.78 12.50
P/Div 22.04 40.69
DPO ratio 0.31 0.43
EY 14.53% 5.72%
FCF/P -20.91% 8.00%
DY 4.54% 2.46%

Thursday 8 March 2012

Guan Chong (At a Glance)


 8.3.2012
Guan Chong
Income Statement
31/12/2011 31/12/2010 Absolute Chg Change
RM (m) RM (m)
Revenue 1,382.80 1,160.06 222.74 19.20%
Gross Profit 0.00 #DIV/0!
Operating Profit 156.667 116.494 40.17 34.49%
Financing costs -6.598 -5.045 -1.55 30.78%
PBT 150.069 111.449 38.62 34.65%
PAT 124.641 101.383 23.26 22.94%
EPS (basic) sen 38.68 31.63 7.05 22.29%
EPS (diluted) sen 37.27           N/A
Balance Sheet
NCA 250.665 154.497 96.17 62.25%
CA 650.093 329.878 320.22 97.07%
Total Assets 900.758 484.375 416.38 85.96%
Total Equity 268.494 187.145 81.35 43.47%
NCL 23.118 26.804 -3.69 -13.75%
CL 609.146 270.426 338.72 125.25%
Total Liabilities 632.264 297.23 335.03 112.72%
Total Eq + Liab 900.758 484.375 416.38 85.96%
Net assets per share 82.550 74.820 7.73 10.33%
Cash & Eq 13.16 11.414 1.75 15.30%
LT Borrowings 8.917 13.213 -4.30 -32.51%
ST Borrowings 427.672 192.767 234.91 121.86%
Net Cash -423.429 -194.566 -228.86 117.63%
Inventories 466.392 155.988 310.40 198.99%
Trade receivables 170.337 160.357 9.98 6.22%
Trade payables 161.907 71.817 90.09 125.44%
Quick Ratio 0.30 0.64 -0.34 -53.10%
Current Ratio 1.07 1.22 -0.15 -12.51%
Cash flow statement
PBT 150.069 111.449 38.62 34.65%
OPBCWC 182.743 120.958 61.79 51.08%
Cash from Operations -54.949 97.135 -152.08 -156.57%
Net CFO -72.380 85.099 -157.48 -185.05%
CFI -106.673 -44.423 -62.25 140.13%
CFF 180.136 -38.568 218.70 -567.06%
Capex -107.002 -40.362 -66.64 165.11%
FCF -179.382 44.737 -224.12 -500.97%
Dividends paid -38.932 -18.300 -20.63 112.74%
DPS (sen) 14.00 9.88 4.12 41.70%
No of ord shares (m)
basic 317.957 319.74 -1.78 -0.56%
diluted 330.026 319.74 10.29 3.22%
Financial Ratios
Gross Profit Margin ---% ---% 0.00% #DIV/0!
Net Profit Margin 9.01% 8.74% 0.27% 3.14%
Asset Turnover 1.54 2.39 -0.86 -35.90%
Financial Leverage 3.35 2.59 0.77 29.62%
ROA 13.84% 20.93% -7.09% -33.89%
ROC 18.01% 26.56% -8.55% -32.18%
ROE 46.42% 54.17% -7.75% -14.31%
Valuation 8.3.2012 8.3.2011
Price  2.6 2.12 0.48 22.64%
Market cap (m) 858.07 677.85 180.22 26.59%
P/E 6.88 6.69 0.20 2.97%
P/BV 3.20 3.62 -0.43 -11.77%
P/FCF -4.78 15.15 -19.94 -131.57%
P/Div 22.04 37.04 -15.00 -40.50%
DPO ratio 0.31 0.18 0.13 73.05%
EY 14.53% 14.96% -0.43% -2.88%
FCF/P -20.91% 6.60% -27.51% -416.75%
DY 4.54% 2.70% 1.84% 68.06%










Announcement
Date
Financial
Yr. End
QtrPeriod EndRevenue
RM '000
Profit/Lost
RM'000
EPSAmended
24-Feb-1231-Dec-11431-Dec-11392,43832,89410.24-
09-Nov-1131-Dec-11330-Sep-11365,72126,2388.16-
11-Aug-1131-Dec-11230-Jun-11334,64135,37710.84-
16-May-1131-Dec-11131-Mar-11290,00030,1329.44-


Stock Performance Chart for Guan Chong Berhad

Monday 28 November 2011

Guan Chong Berhad



Submitting Merchant Bank
:
N/A  
Company Name
:
GUAN CHONG BERHAD  
Stock Name
:
GUANCHG  
Date Announced
:
09/11/2011  
Financial Year End
:
31/12/2011
Quarter
:
3
Quarterly report for the financial period ended
:
30/09/2011
The figures
:
have not been audited

Converted attachment :



Please attach the full Quarterly Report here:
GCB-3rdQ2011 Interim Financial Statements.pdf



Currency
:
Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2011


       
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
       
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
       
30/09/2011
30/09/2010
30/09/2011
30/09/2010
       
$$'000
$$'000
$$'000
$$'000
1Revenue
365,721
296,563
990,362
836,296
2Profit/(loss) before tax
33,823
27,002
107,850
79,359
3Profit/(loss) for the period
26,238
17,788
91,747
57,126
4Profit/(loss) attributable to ordinary equity holders of the parent
25,939
17,867
90,473
57,108
5Basic earnings/(loss) per share (Subunit)
8.16
5.59
28.44
17.86
6Proposed/Declared dividend per share (Subunit)
4.00
1.50
10.00
4.63








AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7840
0.7482



9 Months ending 30.9.2011

Income Statement

Revenue 990.362m
Profit from operations 111.799m
PBT 107.850m
PAT 91.747m

EPS
Basic 28.44 sen
Diluted 27.31 sen

Finance costs (3.949m)
Tax expense  (16.103m)


Balance Sheet

ASSETS
NCA 222.966m
CA  627.365m
TOTAL ASSETS  850.331m

 EQUITY AND LIABILITIES
Total equity  256.807m
NCL 18.579m
CL  574.945m
Total liabilities 593.524m
TOTAL EQUITY AND LIABILITIES   850.331M

Net assets per share  78.40 sen.


Inventories   472.518m
Trade and other receivables  133.584m
Trade and other payables 176.405m


Deposits, bank and cash balances  21.263m
LT Loans and Borrowings  8.899m
ST Loans and Borrowings  375.205m


Dividends
30.9.2011  (26.232m)
30.9.2010  (11.100m)


Cash flows statement

PBT  107.850m
Operating profit before working capital changes  146.839m

Net cash (used in) from operating activities  (52.732m)
Net cash (used in) investing activities  (77.041m)
Net cash from (used in) financing activities  129.999m



Weighted average number of ordinary shares   318.111m
Adjusted weighted average number of ordinary shares in issue and issuables  331.341m


Commentary of prospects 

The Board of Directors is optimistic about the performance of GCB in the current financial year given that the new cocoa processing plant located in Batam, Indonesia has commenced its production in 1st quarter 2011. We believe GCB is well-positioned for growth as many initiatives to improve our competitiveness and profitability have been systematically carried out by the management team. 


Barring any unforeseen circumstances, the Board of  Directors of GCB expects that the Group’s financial performance for the financial year 2011 to be satisfactory



Market Watch






Announcement
Date
Financial
Yr. End
QtrPeriod EndRevenue
RM '000
Profit/Lost
RM'000
EPSAmended
09-Nov-1131-Dec-11330-Sep-11365,72126,2388.16-
11-Aug-1131-Dec-11230-Jun-11334,64135,37710.84-
16-May-1131-Dec-11131-Mar-11290,00030,1329.44-
31-Jan-1131-Dec-10431-Dec-10332,30942,98713.37#-

#adjusted for capital changes.

ttm-EPS  41.81 sen
Price  RM 2.49
Trailing PE 5.96x



Share Price Performance
   High
Low
Prices 1 Month
2.580
  (11-Nov-11)
2.370
  (02-Nov-11)
Prices 3 Months2.680  (05-Sep-11)2.000  (26-Sep-11)
Prices 12 Months3.730  (07-Feb-11)1.690  (02-Mar-11)
Volume 12 Months22,045  (28-Dec-10)60  (21-Oct-11)

Stock Performance Chart for Guan Chong Berhad


23.11.2011

Price RM 2.510
PE  6.47x
DY  3.05%
Market cap  802.6m
ROE  53%