WCE HOLDINGS BERHAD

KLSE (MYR): WCEHB (3565)

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Last Price

0.875

Today's Change

+0.005 (0.57%)

Day's Change

0.865 - 0.875

Trading Volume

931,800

Financial
Market Cap

Market Cap

2,614 Million

NOSH

2,988 Million

Latest Quarter

Latest Quarter

31-Dec-2023 [#3]

Announcement Date

26-Feb-2024

Next Quarter

31-Mar-2024

Est. Ann. Date

25-May-2024

Est. Ann. Due Date

30-May-2024

QoQ | YoY

7.36% | -231.03%

T4Q Result

Revenue | NP to SH

655,285.000 | 86,475.000

RPS | P/RPS

21.93 Cent | 3.99

EPS | P/E | EY

2.89 Cent | 30.23 | 3.31%

DPS | DY | Payout %

0.00 Cent | 0.00% | 0.00%

NAPS | P/NAPS

0.35 | 2.52

QoQ | YoY

-15.31% | 218.25%

NP Margin | ROE

9.71% | 8.35%

F.Y. | Ann. Date

31-Dec-2023 | 26-Feb-2024

Latest Audited Result

Latest Audited Result

31-Mar-2023

Announcement Date

03-Aug-2023

Next Audited Result

31-Mar-2024

Est. Ann. Date

03-Aug-2024

Est. Ann. Due Date

27-Sep-2024

Annual (Unaudited)

Revenue | NP to SH

506,770.000 | 97,270.000

RPS | P/RPS

16.96 Cent | 5.16

EPS | P/E | EY

3.26 Cent | 26.88 | 3.72%

DPS | DY | Payout %

0.00 Cent | 0.00% | 0.00%

NAPS | P/NAPS

0.37 | 2.36

YoY

184.23%

NP Margin | ROE

14.32% | 8.77%

F.Y. | Ann. Date

31-Mar-2023 | 25-May-2023

Annualized Result

Revenue | NP to SH

698,961.333 | -97,302.666

RPS | P/RPS

23.39 Cent | 3.74

EPS | P/E | EY

-3.26 Cent | -26.87 | -3.72%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

3.82% | -17.36%

NP Margin | ROE

-17.49% | -9.39%

F.Y. | Ann. Date

31-Dec-2023 | 26-Feb-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 0 / 4 0.00% 0 / 8 0.00%
Total Positive Profit Years 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Positive Profit 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Profit Growth 2 / 4 50.00% 2 / 8 25.00%
Continuous Quarters Of Adjusted EPS Growth 2 / 4 50.00% 2 / 8 25.00%
Total Dividend Years 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 1.88% -0.03%
Average Net Profit Margin 15.28% -1.80%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 0 / 5 0.00% 0 / 10 0.00%
Total Positive Profit Years 2 / 5 40.00% 6 / 10 60.00%
Continuous Quarters Of Positive Profit 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Profit Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Adjusted EPS Growth 1 / 5 20.00% 1 / 10 10.00%
Total Dividend Years 0 / 5 0.00% 0 / 10 0.00%
Continuous Quarters Of Dividend 0 / 5 0.00% 0 / 10 0.00%
Continuous Quarters Of Dividend Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 5 0.00% 0 / 10 0.00%
Average ROE -2.63% -2.27%
Average Net Profit Margin -9.56% -11.24%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 655,285 698,961 506,770 535,498 606,544
NP to SH 86,475 -97,302 97,270 -4,404 -24,995
Dividend 0 0 0 0 0
Adjusted EPS 2.89 -3.26 3.26 -0.15 -0.84
Adjusted DPS 0.00 0.00 0.00 0.00 0.00

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.

Growth

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue -22.92% 18.58% 39.53% 8.45% 13.72%
NP to Owner 7.36% -231.03% -17.36% -203.59% -1,442.16%
Dividend 0.00% 0.00% 0.00% 0.00% 0.00%
Adjusted EPS 7.36% -231.03% -17.36% -203.59% -1,442.16%
Adjusted DPS 0.00% 0.00% 0.00% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 29.31% 8.04% 22.37% 37.92% 15.24% 30.53% -16.50% -16.45% -5.36%
NP to Owner -11.10% 445.96% 2,063.47% -200.03% -289.28% -2,109.32% 184.23% 489.15% 2,308.57%
Dividend 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Adjusted EPS -11.10% 445.96% 2,063.47% -200.03% -289.28% -2,109.32% 184.23% 489.15% 2,308.57%
Adjusted DPS 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Discussions
9 people like this. Showing 50 of 5,625 comments

Nepo

ya
the main concern is already heavily dropped over 5 days couple with huge vol, but why no signal of rebound..

3 weeks ago

speakup

Already say smart money bought 50sen, now they sell still big profits

3 weeks ago

DestinyL

Or it could be a big big wash
There's not really any bad news per se, only sentiment

3 weeks ago

Nepo

Guess tomolo will gap down or not..?

3 weeks ago

vespa

As long as cashflow supports the remaining construction and absent of raising further equity ( CEO has cleared it) there is only one way, that is up as demand will grow. Sell at your peril

3 weeks ago

serbatipu

Up

3 weeks ago

albertyek

aiseh share price bounces back today

3 weeks ago

diuleiloumei

Next month qr, kemon

3 weeks ago

diuleiloumei

Sudah cukup kutip

3 weeks ago

Brownies

raya traffic beats target + more toll open to connect Selangor & Perak connection and finally boom?

3 weeks ago

TonsilBasher

Raya time is the best to use WCE

3 weeks ago

serbatipu

Next week fly

3 weeks ago

shah800710

WCE market cap now just RM2.5 billion. It should be value more than RM8 billion or equal to RM3.00 per share

3 weeks ago

lcng123

WCE CEO said during Raya, the highest revenue was on 13 Apr which is hit RM600,000 daily. Yearly revenue will be (RM600,000 x 365) RM219mil but the finance cost for a year was around RM154mil. How does WCE turn loss to profit ?

3 weeks ago

Newtoshareworld

Meanwhile, Felix noted that WCE’s financials have been improving in line with the opening of more sections of the West Coast Expressway.

In the first nine months of the financial year ending March 31, 2024 (9M24), the highway’s toll collection hit a new high at RM39.9mil, or 23% higher year-on-year (y-o-y).

The higher toll collection, coupled with the increased construction work activities under the toll concession segment, lifted the group’s total revenue by nearly 40% y-o-y to RM524.2mil in 9M24.

2 weeks ago

DestinyL

With each adjacent section completion, it doesn't just bring additional revenue for that section alone
It will also increase traffic for all connected sections as well

2 weeks ago

MarketNavigator

We will find out whether the result is green or not next month

2 weeks ago

boonwei98

Result won't be green for the first few years. Already highlighted in the quarter report.

2 weeks ago

DestinyL

More importantly is whether EBITDA positive

2 weeks ago

Nepo

People said this type of situation is called warm water cooks frogs..

2 weeks ago

albertyek

shareholders keeping WCEHB warm enough for me to dump all my CPF monies coming in June 2024 from Singapore..YES AHH

2 weeks ago

vespa

Hi Nepo maybe in the short term it does not look good...it is a longer term investment

2 weeks ago

Yu_and_Mee

long term!

2 weeks ago

diuleiloumei

Bila nak terbang ni

2 weeks ago

Xiao Zheng She

YTL flies so much, still waiting for this to fly

2 weeks ago

speakup

Sudah terbang bro. Skarang landing bro.
Smart money bought 50sen last time

2 weeks ago

VincentTang

I just check, highway very less car and toll charge very cheap and high borrowing. So better sell WCEHB.

2 weeks ago

albertyek

good good just sell all your WCEHB shares so that I can dump in my CPF money coming in June at very cheap price...thanks for selling

2 weeks ago

keng88

The bottom test is over, and it's time to start bouncing back to 1.00.

2 weeks ago

albertyek

oh nooo please slow down..I want to earn BIG money aiseh

2 weeks ago

MarketNavigator

chance to collect it at the price less than 90 cents 😊

1 week ago

ValueInvesting10

The news of WCE raya traffic beats target has been overlooked. Any increase in revenue will go directly to profit as most costs are fixed, therefore greatly increasing the DCF valuation

1 week ago

albertyek

overlooked is good for me kih kih kih

1 week ago

speakup

Smart money bought 50sen

1 week ago

VincentTang

If you ever use the highway then you will know very less car in the highway. So I recommend you avoid WCEHB.

1 week ago

Newtoshareworld

If u stay at Kapar, u will know how many car travel daily from Kapar to Shah Alam / KL....pls go to Kapar at 6pm to 7pm, see whether jam or not.

1 week ago

Newtoshareworld



PETALING JAYA: The West Coast Expressway’s traffic volume during the Hari Raya travel period was more than double of its initial estimate, as travellers chose the highway as an alternative route heading to and from the north.

WCE Holdings Bhd chief executive officer Lyndon Alfred Felix said the average daily traffic (ADT) was recorded at over 300,000 vehicles from April 11 to 14.

“The highest ADT was on April 13 when it crossed 350,000 vehicles. Meanwhile, the highest revenue per day achieved was more than RM600,000,” he told StarBiz.

1 week ago

danny123

Can wait 0.50 then only i BUY

1 week ago

Nepo

Rm 0.70 seem to be logical price to buy

1 week ago

FrankKY

This stretch not importance or land acquisition still.....?
https://www.youtube.com/watch?v=WR-lstGfmMQ

1 week ago

Xiao Zheng She

At least 2 years for completion

1 week ago

WilburR2

free toll at changkat jering end soon.

6 days ago

albertyek

11 May 2024 no more free passage for Section 11..money come come Bosskurrrr

6 days ago

DestinyL

April progress updated

5 days ago

MarketNavigator

Just double check, IJM is the largest substantial shareholder of WCE ?

3 days ago

DestinyL

Have always been the case

3 days ago

Bullcoming

This highway is one of biggest cash cow ever for WCE to reap, next 5 year revenue from this highway may reach 10 billion & beyond. You can imagine how far WCE can go?

1 day ago

MarketNavigator

We will see green for the upcoming qr then 😁

14 hours ago

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