Southern Acids Berhad

 

Fiscal year is April-March. All values MYR Millions.

2022 2021 2020 2019 2018 5-year trend 

INCOME STATEMENT

Sales/Revenue 1,176 741 660 599 763

 Sales Growth 58.72% 12.24% 10.30% -21.55% - 

Cost of Goods Sold (COGS) incl. D&A 979 625 541 476 636 

COGS Growth 56.50% 15.54% 13.69% -25.08% -

 Gross Income 197 116 119 123 128 

Gross Profit Margin 16.79% 

SG&A Expense 76 74 84 101 79 

EBIT 135 - 45 31 - 

Interest Expense 1 0 0 0 0 

Pretax Income 150 60 49 39 51

 Pretax Margin 12.74% 

Net Income 94 37 32 21 33

 Net Income Growth 152.75% 16.75% 48.94% -34.02% - 

CASH FLOW STATEMENT

 All values MYR Thousands. 

Net Income before Extraordinaries 149,855.0 60,345.0 48,740.0 38,574.0 51,019.0 

Funds from Operations 153,255.0 77,043.0 64,831.0 47,043.0 61,646.0 

Net Operating Cash Flow 89,981.0 62,125.0 37,191.0 72,833.0 63,704.0 

Capital Expenditures (20,421.0) (22,960.0) (15,840.0) (38,963.0) (34,453.0) 

Free Cash Flow 69,560.0 39,165.0 21,351.0 33,870.0 29,251.0 

Free Cash Flow Yield 11.90% 

 Cash Dividends Paid - Total (6,847.0) (6,847.0) (6,847.0) (6,847.0) (6,847.0)

BALANCE SHEET

 All values MYR Thousands. 

Cash & Short Term Investments 322,288.0 242,163.0 208,938.0 199,911.0 174,381.0

 ST Debt & Current Portion LT Debt 21,502.0 2,870.0 2,531.0 187.0 217.0 

Long-Term Debt 3,852.0 6,615.0 8,662.0 212.0 123.0

 Total Accounts Receivable 134,847.0 97,975.0 73,619.0 68,848.0 86,844.0 

Accounts Payable 32,832.0 33,070.0 21,142.0 21,875.0 36,688.0 

 Total Current Assets 593,116.0 433,061.0 362,435.0 341,173.0 339,648.0 

Total Current Liabilities 115,399.0 73,897.0 51,574.0 60,563.0 67,373.0 

Current Ratio 5.14 5.86 7.03 5.63 5.04

 Quick Ratio 4.13 4.72 5.68 4.54 3.98

 Cash Ratio 2.79 3.28 4.05 3.30 2.59 

 Total Assets 974,221.0 812,407.0 727,388.0 731,557.0 717,050.0 

Total Equity 823,350.0 709,349.0 650,222.0 656,015.0 637,069.0 

Return On Average Assets 10.59%

 Average Growth Rates 

Southern Acids (Malaysia) Bhd 

Past Five Years Ending 03/31/2022 (Fiscal Year) 

Revenue +10.83%

 Net Income +37.33%

 Earnings Per Share +37.33% 

Capital Spending -8.15%

 Gross Margin +20.04%

 Cash Flow +27.56% 

 KEY STOCK DATA 

P/E Ratio (TTM) 6.26(12/12/22) 

EPS (TTM) RM0.58 

Market Cap RM499.81 M 

Shares Outstanding N/A 

Public Float 36.73 M 

Yield 1.37%(12/12/22) 

Latest Dividend RM0.0500000007(11/28/22) 

Ex-Dividend Date 11/08/22

United Plantation

 

Fiscal year is January-December. All values MYR Millions.

 2021 2020 2019 2018 2017 5-year trend 

INCOME STATEMENT

 Sales/Revenue 2,033 1,340 1,173 1,306 1,474 

Gross Income 890 596 492 556 580 

Gross Profit Margin 43.76% 

EBIT 676 462 350 469 -

 Interest Expense 0 0 0 0 0 

Pretax Income 683 495 355 491 504 

Pretax Margin 33.59% 

CASH FLOW STATEMENT

All values MYR Thousands. 

Funds from Operations 537,382.0 402,078.0 311,725.0 557,308.0 590,081.0

 Net Operating Cash Flow 537,382.0 402,078.0 311,725.0 557,308.0 590,081.0 

Capital Expenditures (114,409.0) (111,313.0) (112,556.0) (181,234.0) (147,415.0) 

Free Cash Flow 422,973.0 290,765.0 199,169.0 381,975.0 443,836.0 

Free Cash Flow Yield 0.50% 

 Cash Dividends Paid - Total (394,045.0) (300,719.0) (290,789.0) (311,687.0) (238,960.0) 

BALANCE SHEET

All values MYR Millions.

 Cash & Short Term Investments 478 465 459 916 852 

ST Debt & Current Portion LT Debt 0 0 0 0 0 

Other Liabilities 23 0 8 - 1 

 Total Current Assets 1,143 972 874 1,356 1,305 

Total Current Liabilities 294 177 127 170 164

 Current Ratio 3.88 5.49 6.90 7.98 7.96

 Quick Ratio 3.25 4.51 5.66 6.92 6.82

 Cash Ratio 1.62 2.62 3.63 5.39 5.20 

 Total Equity 2,685 2,631 2,554 2,589 2,531

 Liabilities & Shareholders' Equity 3,153 2,975 2,858 2,918 2,850 

 Average Growth Rates 

United Plantations Bhd 

Past Five Years Ending 12/31/2021 (Fiscal Year) 

Revenue +7.59%

 Net Income +6.55%

 Earnings Per Share +6.60% 

Capital Spending -4.48%

 Gross Margin +48.87%

 Cash Flow -0.94% 

 KEY STOCK DATA 

P/E Ratio (TTM) 10.80(12/16/22) 

EPS (TTM) RM1.43 

Market Cap RM6.23 B 

Shares Outstanding 416.27 M 

Public Float 157.49 M 

Yield 6.78%(12/16/22) 

Latest Dividend RM0.400000006(12/05/22) 

Ex-Dividend Date 11/21/22

Topglove

Fiscal year is February-January. All values MYR Millions.

2022 2021 2020 2019 2018

5-year trend 

INCOME STATEMENT 

Sales/Revenue 5,572 16,361 7,237 4,801 4,221 

Gross Income 953 11,102 2,850 884 842 

SG&A Expense 612 1,153 604 402 308 

EBIT 341 9,949 2,248 482 - 

Interest Expense 4 4 34 80 37 

 Pretax Income 362 10,031 2,167 424 523 

CASH FLOW STATEMENT

 Net Income before Extraordinaries 358 10,034 2,166 424 523 

Net Operating Cash Flow 153 7,837 3,454 537 353 

 Capital Expenditures (954) (1,335) (816) (624) (459) 

 Free Cash Flow (800) 6,502 2,638 (31) (106) 

 Cash Dividends Paid - Total (529) (5,474) (372) (217) (196) 

Net Financing Cash Flow (690) (6,851) (17) (35) 1,281 

BALANCE SHEET

 Cash & Short Term Investments 951 2,508 2,883 253 359 

ST Debt & Current Portion LT Debt 309 318 316 1,041 883 

Long-Term Debt 1,284 1,459 1,531 1,379 1,330 

 Total Current Assets 2,111 4,346 4,288 1,539 1,607 

Total Current Liabilities 996 2,198 2,133 1,592 1,452 

 Total Equity 5,618 5,925 4,896 2,554 2,398

 Liabilities & Shareholders' Equity 8,117 9,782 8,706 5,688 5,297

Average Growth Rates 

Top Glove Corp. Bhd 

Past Five Years Ending 01/01/0001 (Fiscal Year) 

Revenue +6.44%

 Net Income -9.61%

 Earnings Per Share -10.04% 

Capital Spending +21.53%

 Gross Margin +36.35%

 Cash Flow +133.03% 

 KEY STOCK DATA 

P/E Ratio (TTM) N/A 

EPS (TTM) RM-0.01 

Market Cap RM5.89 B 

Shares Outstanding 8.21 B 

Public Float 4.57 B 

Yield 1.66%(12/16/22) 

Latest Dividend RM0.252000004(04/06/21) 

Ex-Dividend Date 03/23/21

GENTING MALAYSIA 5 YEARS FINANCIAL DATA

LAST 5 YEARS ANNUAL RESULTS

Fiscal year is January-December. All values MYR Millions. 

2021

 2020

 2019

 2018

 2017

 5-year trend 

INCOME STATEMENT

 Sales/Revenue

 4,157

 4,529

 0,407

 9,928

 9,330 

 Gross Income

 155

 (101)

 2,495

 2,662

 2,195 

 SG&A Expense

711

706

972

852

962 

 EBIT

(556)

(805)

1,522

1,811

 -

 Interest Expense

382

332

332

156

115 

 Pretax Income

(964)

 (1,852)

1,521

(4)

1,320

CASH FLOW STATEMENT

Net Income before Extraordinaries

(1,148)

(2,138)

 1,489

(4)

1,320 

 Funds from Operations

68

 (337)

2,161

 2,465

 1,997 

  Net Operating Cash Flow

35

(850)

2,208

2,488

2,062 

 Capital Expenditures

(876)

(1,079)

(2,521)

(1,854)

(2,659) 

 Free Cash Flow

(830)

(1,920)

(310)

634

(597)

 Free Cash Flow Yield -8.05% 

Cash Dividends Paid - Total 

(480) 

(1,130) 

(1,074) 

(1,075)

 (991)

 Net Financing Cash Flow

2,747

(1,778)

(988)

1,502

1,679

BALANCE SHEET

Cash & Short Term Investments

4,641

2,845

7,306

8,508

6,196 

ST Debt & Current Portion LT Debt

490

463

1,615

478

384 

Long-Term Debt

13,297

9,775

9,263

9,283

6,591 

 Total Current Assets

5,526

 3,965

 8,063

 9,339

7,059

 Total Current Liabilities

3,046

2,978

4,727

3,383

3,253

 Current Ratio

1.81

1.33

1.71

2.76

2.17

 Quick Ratio

1.77

1.29

1.68

2.73

2.14

 Cash Ratio

1.52

0.96

1.55

2.51

1.90

LAST 5 QTRS RESULTS

Fiscal year is January-December. All values MYR Millions.

30-Sep-2022

30-Jun-2022

31-Mar-2022

31-Dec-2021

30-Sep-2021

5-qtr trend 

INCOME STATEMENT

Sales/Revenue

2,271

2,176

1,721

1,889

 826 

ttm-Revenue 8,057

Gross Income

 535

 543

328

453

(66) 

SG&A Expense

303

318

287

242

243 

 Interest Expense

142

135

170

104

95 

 Pretax Income

102

93

(67)

219

(348) 

ttm-PBT  347

CASH FLOW STATEMENT

Fiscal year is January-December. All values MYR Thousands.

 Net Income before Extraordinaries

95,672.0

50,620.0

(116,072.0)

162,226.0

 (379,215.0) 

 Funds from Operations

394,910.0

472,556.0

192,591.0

580,900.0

(165,520.0) 

 Net Operating Cash Flow

636,401.0

 526,595.0

101,251.0

813,439.0

(93,035.0) 

 Capital Expenditures

(184,111.0)

(116,436.0)

 (137,682.0)

(207,040.0)

 (247,623.0) 

 Free Cash Flow

452,290.0

410,159.0

(36,431.0)

617,699.0

 (340,658.0) 

 Cash Dividends Paid - Total

 (339,913.0)

-

(508,787.0)

55.0

 -

 Net Investing Cash Flow

(201,307.0)

(177,975.0)

 (126,141.0)

 (669,399.0)

(272,969.0) 

PROFILE SUMMARY

Average Growth Rates 

Genting Malaysia Bhd 

Past Five Years Ending 12/31/2021 (Fiscal Year) 

Revenue -11.09%

 Net Income -36.33%

 Earnings Per Share -36.41% 

Capital Spending -13.41%

 Gross Margin +31.42%

 Cash Flow +7.81% 

 KEY STOCK DATA 

P/E Ratio (TTM) 317.86(12/16/22) 

EPS (TTM) RM0.01 

Market Cap RM15.09 B 

Shares Outstanding N/A 

Public Float 2.69 B 

Yield 4715 is not currently paying a regular dividend. 

Latest Dividend RM0.0599999987(09/29/20) 

Ex-Dividend Date 09/10/20 ? 

SHORT INTEREST () 

N/A ? 

STOCK MONEY FLOW 

N/A

12 Blue Chips you wish you'd bought in 1998

Total return for 1,000 shares bought on Sept 1, 1998 as at Nov 23,2007.

Company  Sept 1, 1998  Nov 23,2007  Total return %

Public Bank  RM0.363   RM 20.32   6,023%

Hap Seng Con 0.17  9.39  18,327%

IOI  0.10  4.52  27,082%

Nestle  5.089  91.98  1,707%

PBB  0.538  16.76  8,207%

KLK  1.191  24.26  2,955%

MBB  0.514  9.21  3,641%

Tenaga  0.933  14.84  2,385%

TM  0.384  6.00  5,484%

GEM  0.367  5.10  6,848%

BAT  3.76  38.06  912%

PetGas  1.853  16.54  793%

To know which blue chips to bet on for the decades to come, a key question to ask is if the company is future-proof and is likely to continue to have a stable and sustainable earnings stream for a long time to come.

https://assets.theedgemarkets.com/Infographic_TEM1190_67_theedgemarkets.png

Margin of Safety

The function of the margin of safety is, in essence, that of rendering unnecessary an accurate estimate of the future. 

If the margin is a large one, then it is enough to justify the assumption that future earnings will roughly approximate those of the past in order for an investor to feel sufficiently protected against the vicissitudes of time.

Fundamentals of Alphabet Inc. Cl C GOOG (U.S.: Nasdaq)

INCOME STATEMENT ANNUAL 

Fiscal year is January-December. All values USD Millions.

 2021

 2020

 2019

 2018

 2017 5-year trend 

 Sales/Revenue

 257,488

 182,350

 161,402 

136,958

 111,024 

 Gross Income

 146,549

 97,618

 89,506

 77,409

 65,441 

 Gross Profit Margin 56.91 

 Non-Operating Interest Income

 1,499

 1,865

 2,427

 1,878

 1,312 

 Pretax Income

 90,734

 48,082

 39,625

 34,913

 27,193 

 Pretax Margin 35.24% 

 Net Income

 76,033

 40,269

 34,343

 30,736

 12,662 

 Net Margin 29.53% 

 EPS (Basic)

 112.20

 58.61

 49.16

 43.70

 18.00 

 EBITDA

 91,006

 54,744

 47,254

 40,566

 35,966 

 CASH FLOW STATEMENT 

 Operating Activities 

 Fiscal year is January-December. All values USD Millions.

 2021

 2020

 2019

 2018

 2017 5-year trend 

 Net Income before Extraordinaries

 76,033

 40,269

 34,343

 30,736

 12,662

 Depreciation, Depletion & Amortization

 12,441

 13,697

 11,781

 9,035

 6,915 

 Funds from Operations

 93,175

 63,297

 53,701

 43,063

 27,845 

 Net Operating Cash Flow

 91,652

 65,124

 54,520

 47,971

 37,091 

 Capital Expenditures

 (24,640)

 (22,281)

 (23,548)

 (25,139)

 (13,184)

 Repurchase of Common & Preferred Stk.

 (50,274)

 (31,149)

 (18,396)

 (9,075)

 (4,846) 

 Free Cash Flow

 67,012

 42,843

 30,972

 22,832

 23,907 

 Free Cash Flow Yield 3.41% 

 BALANCE SHEET 

 ANNUAL 

Assets Fiscal year is January-December. All values USD Millions.

 2021

 2020

 2019

 2018

 2017 5-year trend 

 Cash & Short Term Investments

 139,649

 136,694

 119,675

 109,140

 101,871 

 ST Debt & Current Portion LT Debt

 2,302

 2,794

 1,199

 -

 - 

 Long-Term Debt

 26,206

 25,078

 14,768

 4,012

 3,969 

 Total Current Assets

 188,143

 174,296

 152,578

 135,676

 124,308 

 Total Current Liabilities 

64,254

 56,834

 45,221

 34,620

 24,183 

 Current Ratio 2.93

 Quick Ratio 2.91

 Cash Ratio 2.17

 Total Assets

 359,268

 319,616

 275,909

 232,792

 197,295 

 Asset Turnover 0.76

 Return On Average Assets 22.40% 

 Total Liabilities

 107,633

 97,072

 74,467

 55,164

 44,793 

 Total Shareholders' Equity

 251,635

 222,544

 201,442

 177,628

 152,502

 Total Shareholders' Equity / Total Assets

 70.04%

 69.63%

 73.01%

 76.30%

 77.30% 

 KEY STOCK DATA 

P/E Ratio (TTM) 19.33(06/13/22) 

EPS (TTM) $110.56 

Market Cap $1.40 T (@ 06/13/22 $2,137.53USD / share) 

Shares Outstanding 313.38 M 

Public Float 273.83 M 

Yield GOOG is not currently paying a regular dividend. 

Latest Dividend N/A 

Ex-Dividend Date N/A 

 Average Growth Rates 

Alphabet Inc. Cl C Past Five Years Ending 12/31/2021 (Fiscal Year) 

Revenue +26.38%

 Income +100.10%

 Earnings Per Share - 

Capital Spending +17.38%

 Gross Margin +62.77%

 Cash Flow +36.06%

Share price

Alphabet Inc Class A

2,130.43 USD-769.63 (-26.54%)year to date

14 Jun, 9:41 am GMT-4 

Alphabet Inc Class A

2,131.91 USD-318.71 (-13.01%)past year

14 Jun, 9:41 am GMT-4 

Alphabet Inc Class A

2,131.91 USD+1,171.58 (122.22%)past 5 years

14 Jun, 9:41 am GMT-4 

Alphabet Inc Class A

2,131.91 USD+2,076.04 (3,833.16%)all time

14 Jun, 9:41 am GMT-4 

Peak price  US $2,997 (18.11.20210

Stock Price Target GOOG

High	$4,533.34
Median	$3,200.00
Low	$2,650.00
Average	$3,247.34
Current Price	$2,137.53

Ratios & Margins Alphabet Inc. Cl C

All values updated annually at fiscal year end

Valuation

P/E Ratio (TTM) 19.44

P/E Ratio (including extraordinary items) 20.99

Price to Sales Ratio 7.62

Price to Book Ratio 7.62

Price to Cash Flow Ratio 21.42

Enterprise Value to EBITDA 15.74

Enterprise Value to Sales 5.31

Total Debt to Enterprise Value -

Total Debt to EBITDA 0.16

EPS (recurring) 101.46

EPS (basic) 113.88

EPS (diluted) 112.20

Efficiency

Revenue/Employee -

Income Per Employee -

Receivables Turnover -

Total Asset Turnover 0.76

Liquidity

Current Ratio 2.93

Quick Ratio 2.91

Cash Ratio 2.17

Profitability

Gross Margin +56.91

Operating Margin +30.51

Pretax Margin +35.24

Net Margin +29.53

Return on Assets 22.40

Return on Equity 32.07

Return on Total Capital 29.62

Return on Invested Capital -

Capital Structure

Total Debt to Total Equity -

Total Debt to Total Capital -

Total Debt to Total Assets 7.94

Interest Coverage -

Long-Term Debt to Equity -

Long-Term Debt to Total Capital -

Long-Term Debt to Assets 0.07

Here’s how to invest like billionaire Warren Buffett during a volatile market

The wild swings in the stock market may have you stressed about your investments.

Yet if you took a page from self-made billionaire Warren Buffett, you shouldn’t be too concerned about daily market moves.

“You’ve got to be prepared when you buy a stock to have it go down 50% or more and be comfortable with it, as long as you’re comfortable with the holding,” the Berkshire Hathaway CEO said during the company’s 2020 annual shareholders meeting.

The 91-year-old, who is worth $109.2 billion according to Forbes, has been called the greatest investor in the world. 

In fact, of the top 10 billionaires, Buffett is the only one who gained wealth so far this year, according to the Bloomberg Billionaires Index.

When Buffett looks at the stock market he sees companies instead of stocks.

“We ignore 99.9% of what we see, although we run our eyes over them. And then every now and then we see something that looks like it’s attractively priced to us as a business,” Buffett said at Berkshire Hathaway’s 2008 meeting.

If you want to take a page from Warren Buffett, here are some of his key principles you can integrate into your investing practice.

Think long term

When Buffett buys stocks, he’s in it for the long haul.

“If there is one quality that you need in order to invest like Warren Buffett it is patience,” said Berkshire Hathaway shareholder Robert Johnson, professor of finance at Creighton University’s Heider College of Business in Omaha, Nebraska, Buffett’s hometown.

You’ve got to be prepared when you buy a stock to have it go down 50% or more and be comfortable with it, as long as you’re comfortable with the holding.

Warren Buffett

BERKSHIRE HATHAWAY CEO

Buffett has driven home this philosophy over the years.

“When we buy a stock, we would be happy with that stock if they told us the market was going to close for a couple of years. We look to the business,” he has said.

He compared it to buying a farm.

“You would not get a price on it every day and you wouldn’t ask whether the yield was a little above expectations this year or down a little bit. You’d look at what the farm was going to produce over time.”

Invest in what you know

Buffett has famously said to “never invest in a business you cannot understand.”

“You have to learn how to value businesses and know the ones that are within your circle of competence and the ones that are outside,” Buffett told CNBC’s Becky Quick during an interview on “Squawk Box” in 2019.

That doesn’t mean he thinks you have to be an expert on every company.

Investors need to have the “ability to correctly evaluate selected businesses,” he wrote in his 1996 annual shareholders’ letter.

Focus on good companies

Buffett likes to focus on companies that have a good business model that is sustainable over a very long period of time, Johnson said.

It has to be at the right price. Buffett is well known as a value investor, which is someone who chooses equities that seem to be trading for less than their intrinsic value.

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price,” he famously wrote in his annual letter to Berkshire Hathaway shareholders in 1989.

Keep learning

Buffett is a big believer in continuously learning throughout life.

By the time he was 10 years old, he read every book on investing in the Omaha public library and many of them he read twice.

And he hasn’t stopped.

“l was in his office several years ago. His desk is just piled with books and they are books on very many diverse topics,” Johnson said.

Buffett once said he reads about 500 pages a week.

“I remain very big on the idea of reading everything in sight,” Buffett said at the 2007 Berkshire Hathaway meeting.

PUBLISHED TUE, JAN 25 20223:43 PM 

Michelle Fox

https://www.cnbc.com/2022/01/25/heres-how-to-invest-like-billionaire-warren-buffett-during-a-volatile-market.html

Everything You Need To Know About Money, Inflation. How The System Works

 

Everything You Need To Know About Money, Inflation | How The System Works | Business Documentary While the world comes out of economic recession due to the pandemic, a lot of things are changing. High inflation, stimulus packages, interest rates. All these words are popping up on the news, but it’s hard to figure out how does the whole system work. In this video, we explain all of that and more. Chapters: Hyperinflation Fiat Currency System Explained What if the dollar was still pegged to gold Why we might have high inflation soon Zombie companies