Highlights
KLSE: EATECH (5259)       EA TECHNIQUE (M) BHD MAIN : Transportation&Logistics
Last Price Today's Change   Day's Range   Trading Volume
0.285   +0.005 (1.79%)  0.275 - 0.285  281,700
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

Financials


Market Cap: 151 Million

Market Cap 151 Million
NOSH 531 Million

Latest Audited Result:  31-Dec-2019

Latest Audited Result: 31-Dec-2019
Announcement Date 16-Jun-2020
Next Audited Result: 31-Dec-2020
Est. Ann. Date: 16-Jun-2021
Est. Ann. Due Date: 29-Jun-2021

Latest Quarter:  30-Jun-2020 [#2]

Latest Quarter: 30-Jun-2020 [#2]
Announcement Date 28-Aug-2020
Next Quarter: 30-Sep-2020
Est. Ann. Date: 21-Nov-2020
Est. Ann. Due Date: 29-Nov-2020
QoQ | YoY   85.83%  |    2.93%

Annual (Unaudited) ( EPS: 6.86, P/E: 4.15 )

Revenue | NP to SH 271,872  |  36,395
RPS | P/RPS 51.25 Cent  |  0.56
EPS | P/E | EY 6.86 Cent  |  4.15  |  24.07%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.49  |  0.58
YoY   -50.97%
NP Margin | ROE 13.39%  |  13.89%
F.Y. | Ann. Date 31-Dec-2019  |  27-Feb-2020

T4Q Result ( EPS: 6.05, P/E: 4.71 )

Revenue | NP to SH 320,608  |  32,108
RPS | P/RPS 60.44 Cent  |  0.47
EPS | P/E | EY 6.05 Cent  |  4.71  |  21.24%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.54  |  0.53
QoQ | YoY   0.76%  |    469.40%
NP Margin | ROE 10.01%  |  11.21%
F.Y. | Ann. Date 30-Jun-2020  |  28-Aug-2020

Annualized Result ( EPS: 4.96, P/E: 5.75 )

Revenue | NP to SH 363,016  |  26,302
RPS | P/RPS 68.43 Cent  |  0.42
EPS | P/E | EY 4.96 Cent  |  5.75  |  17.40%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   42.91%  |    -24.58%
NP Margin | ROE 7.25%  |  9.18%
F.Y. | Ann. Date 30-Jun-2020  |  28-Aug-2020




Show?  YoY % Horiz. %

Last 10 FY Result
AQR T4Q 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Revenue 363,016 320,608 271,872 419,000 366,970 591,663 536,530 155,657 121,118 14.42%
  YoY % 13.23% 17.93% -35.11% 14.18% -37.98% 10.28% 244.69% 28.52% -
  Horiz. % 299.72% 264.71% 224.47% 345.94% 302.99% 488.50% 442.98% 128.52% 100.00%
PBT 26,302 28,362 32,679 90,361 -131,902 21,541 15,818 19,686 59,368 -9.47%
  YoY % -7.26% -13.21% -63.84% 168.51% -712.33% 36.18% -19.65% -66.84% -
  Horiz. % 44.30% 47.77% 55.04% 152.20% -222.18% 36.28% 26.64% 33.16% 100.00%
Tax 0 3,746 3,716 -16,129 10,754 -12,762 -4,281 -5,452 -2,465 -
  YoY % 0.00% 0.81% 123.04% -249.98% 184.27% -198.11% 21.48% -121.18% -
  Horiz. % -0.00% -151.97% -150.75% 654.32% -436.27% 517.73% 173.67% 221.18% 100.00%
NP 26,302 32,108 36,395 74,232 -121,148 8,779 11,537 14,234 56,903 -7.17%
  YoY % -18.08% -11.78% -50.97% 161.27% -1,479.97% -23.91% -18.95% -74.99% -
  Horiz. % 46.22% 56.43% 63.96% 130.45% -212.90% 15.43% 20.27% 25.01% 100.00%
NP to SH 26,302 32,108 36,395 74,232 -121,148 8,779 11,537 14,234 56,903 -7.17%
  YoY % -18.08% -11.78% -50.97% 161.27% -1,479.97% -23.91% -18.95% -74.99% -
  Horiz. % 46.22% 56.43% 63.96% 130.45% -212.90% 15.43% 20.27% 25.01% 100.00%
Tax Rate - % -13.21 % -11.37 % 17.85 % - % 59.25 % 27.06 % 27.69 % 4.15 % -
  YoY % 0.00% -16.18% -163.70% 0.00% 0.00% 118.96% -2.28% 567.23% -
  Horiz. % 0.00% -318.31% -273.98% 430.12% 0.00% 1,427.71% 652.05% 667.23% 100.00%
Total Cost 336,714 288,500 235,477 344,768 488,118 582,884 524,993 141,423 64,215 24.17%
  YoY % 16.71% 22.52% -31.70% -29.37% -16.26% 11.03% 271.22% 120.23% -
  Horiz. % 524.35% 449.27% 366.70% 536.90% 760.13% 907.71% 817.56% 220.23% 100.00%
Net Worth 286,470 286,470 262,079 226,799 151,200 272,160 272,160 224,651 47,319 33.00%
  YoY % 0.00% 9.31% 15.56% 50.00% -44.44% 0.00% 21.15% 374.76% -
  Horiz. % 605.40% 605.40% 553.86% 479.30% 319.53% 575.16% 575.16% 474.76% 100.00%
Dividend
AQR T4Q 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Div - 0 - - - - - - - -
  YoY % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -
  Horiz. % - - - - - - - - -
Div Payout % - % - % - % - % - % - % - % - % - % -
  YoY % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -
  Horiz. % - - - - - - - - -
Equity
AQR T4Q 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Net Worth 286,470 286,470 262,079 226,799 151,200 272,160 272,160 224,651 47,319 33.00%
  YoY % 0.00% 9.31% 15.56% 50.00% -44.44% 0.00% 21.15% 374.76% -
  Horiz. % 605.40% 605.40% 553.86% 479.30% 319.53% 575.16% 575.16% 474.76% 100.00%
NOSH 530,500 530,500 504,000 504,000 504,000 504,000 504,000 416,022 100,679 30.78%
  YoY % 0.00% 5.26% 0.00% 0.00% 0.00% 0.00% 21.15% 313.22% -
  Horiz. % 526.92% 526.92% 500.60% 500.60% 500.60% 500.60% 500.60% 413.22% 100.00%
Ratio Analysis
AQR T4Q 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
NP Margin 7.25 % 10.01 % 13.39 % 17.72 % -33.01 % 1.48 % 2.15 % 9.14 % 46.98 % -18.87%
  YoY % -27.57% -25.24% -24.44% 153.68% -2,330.41% -31.16% -76.48% -80.54% -
  Horiz. % 15.43% 21.31% 28.50% 37.72% -70.26% 3.15% 4.58% 19.46% 100.00%
ROE 9.18 % 11.21 % 13.89 % 32.73 % -80.12 % 3.23 % 4.24 % 6.34 % 120.25 % -30.20%
  YoY % -18.11% -19.29% -57.56% 140.85% -2,580.50% -23.82% -33.12% -94.73% -
  Horiz. % 7.63% 9.32% 11.55% 27.22% -66.63% 2.69% 3.53% 5.27% 100.00%
Per Share
AQR T4Q 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
RPS 68.43 60.44 53.94 83.13 72.81 117.39 106.45 37.42 120.30 -12.51%
  YoY % 13.22% 12.05% -35.11% 14.17% -37.98% 10.28% 184.47% -68.89% -
  Horiz. % 56.88% 50.24% 44.84% 69.10% 60.52% 97.58% 88.49% 31.11% 100.00%
EPS 4.96 6.05 7.22 14.73 -24.04 1.74 2.29 3.59 19.79 -15.46%
  YoY % -18.02% -16.20% -50.98% 161.27% -1,481.61% -24.02% -36.21% -81.86% -
  Horiz. % 25.06% 30.57% 36.48% 74.43% -121.48% 8.79% 11.57% 18.14% 100.00%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
  YoY % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -
  Horiz. % - - - - - - - - -
NAPS 0.5400 0.5400 0.5200 0.4500 0.3000 0.5400 0.5400 0.5400 0.4700 1.70%
  YoY % 0.00% 3.85% 15.56% 50.00% -44.44% 0.00% 0.00% 14.89% -
  Horiz. % 114.89% 114.89% 110.64% 95.74% 63.83% 114.89% 114.89% 114.89% 100.00%
Adjusted Per Share Value based on latest NOSH - 530,500
AQR T4Q 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
RPS 68.43 60.44 51.25 78.98 69.17 111.53 101.14 29.34 22.83 14.42%
  YoY % 13.22% 17.93% -35.11% 14.18% -37.98% 10.27% 244.72% 28.52% -
  Horiz. % 299.74% 264.74% 224.49% 345.95% 302.98% 488.52% 443.01% 128.52% 100.00%
EPS 4.96 6.05 6.86 13.99 -22.84 1.65 2.17 2.68 10.73 -7.18%
  YoY % -18.02% -11.81% -50.96% 161.25% -1,484.24% -23.96% -19.03% -75.02% -
  Horiz. % 46.23% 56.38% 63.93% 130.38% -212.86% 15.38% 20.22% 24.98% 100.00%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
  YoY % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -
  Horiz. % - - - - - - - - -
NAPS 0.5400 0.5400 0.4940 0.4275 0.2850 0.5130 0.5130 0.4235 0.0892 33.00%
  YoY % 0.00% 9.31% 15.56% 50.00% -44.44% 0.00% 21.13% 374.78% -
  Horiz. % 605.38% 605.38% 553.81% 479.26% 319.51% 575.11% 575.11% 474.78% 100.00%
Price Multiplier on Financial Quarter End Date
AQR T4Q 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Date AQR T4Q 31/12/19 31/12/18 29/12/17 30/12/16 31/12/15 31/12/14 - -
Price 0.3500 0.3500 0.3550 0.3900 0.3750 0.6200 1.1100 0.4650 0.0000 -
P/RPS 0.51 0.58 0.66 0.47 0.52 0.53 1.04 1.24 0.00 -
  YoY % -12.07% -12.12% 40.43% -9.62% -1.89% -49.04% -16.13% 0.00% -
  Horiz. % 41.13% 46.77% 53.23% 37.90% 41.94% 42.74% 83.87% 100.00% -
P/EPS 7.06 5.78 4.92 2.65 -1.56 35.59 48.49 13.59 0.00 -
  YoY % 22.15% 17.48% 85.66% 269.87% -104.38% -26.60% 256.81% 0.00% -
  Horiz. % 51.95% 42.53% 36.20% 19.50% -11.48% 261.88% 356.81% 100.00% -
EY 14.17 17.29 20.34 37.77 -64.10 2.81 2.06 7.36 0.00 -
  YoY % -18.05% -15.00% -46.15% 158.92% -2,381.14% 36.41% -72.01% 0.00% -
  Horiz. % 192.53% 234.92% 276.36% 513.18% -870.92% 38.18% 27.99% 100.00% -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
  YoY % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -
  Horiz. % - - - - - - - - -
P/NAPS 0.65 0.65 0.68 0.87 1.25 1.15 2.06 0.86 0.00 -
  YoY % 0.00% -4.41% -21.84% -30.40% 8.70% -44.17% 139.53% 0.00% -
  Horiz. % 75.58% 75.58% 79.07% 101.16% 145.35% 133.72% 239.53% 100.00% -
Price Multiplier on Announcement Date
AQR T4Q 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 31/12/13 CAGR
Date AQR T4Q 27/02/20 28/02/19 28/02/18 28/02/17 29/02/16 27/02/15 - -
Price 0.3650 0.3650 0.3600 0.4250 0.3500 0.6400 1.0400 0.5750 0.0000 -
P/RPS 0.53 0.60 0.67 0.51 0.48 0.55 0.98 1.54 0.00 -
  YoY % -11.67% -10.45% 31.37% 6.25% -12.73% -43.88% -36.36% 0.00% -
  Horiz. % 34.42% 38.96% 43.51% 33.12% 31.17% 35.71% 63.64% 100.00% -
P/EPS 7.36 6.03 4.99 2.89 -1.46 36.74 45.43 16.81 0.00 -
  YoY % 22.06% 20.84% 72.66% 297.95% -103.97% -19.13% 170.26% 0.00% -
  Horiz. % 43.78% 35.87% 29.68% 17.19% -8.69% 218.56% 270.26% 100.00% -
EY 13.58 16.58 20.06 34.66 -68.68 2.72 2.20 5.95 0.00 -
  YoY % -18.09% -17.35% -42.12% 150.47% -2,625.00% 23.64% -63.03% 0.00% -
  Horiz. % 228.24% 278.66% 337.14% 582.52% -1,154.29% 45.71% 36.97% 100.00% -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
  YoY % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -
  Horiz. % - - - - - - - - -
P/NAPS 0.68 0.68 0.69 0.94 1.17 1.19 1.93 1.06 0.00 -
  YoY % 0.00% -1.45% -26.60% -19.66% -1.68% -38.34% 82.08% 0.00% -
  Horiz. % 64.15% 64.15% 65.09% 88.68% 110.38% 112.26% 182.08% 100.00% -

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  4 people like this.
 
maltrader WTI negative already, does it effect this stock?
27/04/2020 1:21 AM
liang408 No. They already got contract.
27/04/2020 1:22 AM
davidkkw79 Wow... this oil.n gas stock price has back to its initial price of before market crash
17/05/2020 3:03 PM
daretocutandchange ea technique oil and gas sector.is he previous cp boss dato lim chai beng?now he is a new substantial holder of ea technique with 26,777,100(5.047&).
17/05/2020 3:56 PM
tan9090 Up up up pls
09/06/2020 11:01 AM
n00b123 Slowly recovering. Will it ever hit back to 50 cents?
09/06/2020 9:16 PM
tan9090 high possibility , possible hit 60 cents un the near future
10/06/2020 11:37 AM
n00b123 Wave is coming
11/06/2020 9:23 AM
tan9090 Today might hit 0.45
19/06/2020 8:53 AM
n00b123 Slowly it went back to 0.35 instead
30/06/2020 9:28 AM
BullWC16 What happened to this counter?
30/06/2020 10:03 AM
n00b123 Dead counter
24/07/2020 10:01 AM
BullWC16 cut loss edi n00b123?
24/07/2020 11:50 AM
n00b123 Not yet.. Still holding
24/07/2020 4:39 PM
BullWC16 keep dropping man. really dont know what happen
27/07/2020 11:10 AM
n00b123 No investors trading for this counter
29/07/2020 9:33 AM
BullWC16 do u think still got hope? lets wait for next QR.
30/07/2020 11:44 PM
n00b123 When is the next QR will be released?
04/08/2020 3:36 PM
BullWC16 not sure bro
05/08/2020 4:49 PM
Gn021 GG
09/08/2020 12:15 AM
Davidl Time to accumulate!
11/08/2020 11:14 AM
n00b123 Free ride because oil n gas counter rally
11/08/2020 3:01 PM
n00b123 Low volume rally
26/08/2020 9:06 AM
Davidl Better than expected QR to b released soon?
26/08/2020 2:25 PM
n00b123 Never saw any publications
27/08/2020 9:08 AM
BullWC16 Expects revenue from oil tanker boom
27/08/2020 11:14 AM
Narialse Quarter results just released, looks ok, not great. Giving out free warrants which investors always love. No entitlement date yet, though.
28/08/2020 5:41 PM
n00b123 QR shows it is doing better than last year. But the current price is lower than last year. Means undervalued?
29/08/2020 10:26 AM
29/08/2020 10:35 AM
DreamGladiator down 3.95%!
29/08/2020 10:36 AM
DreamGladiator apa sudah jadi ni
29/08/2020 10:36 AM
DreamGladiator susah sikit la ini macam
29/08/2020 10:36 AM
DreamGladiator boleh bikin itu investor lari oh
29/08/2020 10:37 AM
DreamGladiator misti mau kasi improve sikit la
29/08/2020 10:37 AM
n00b123 No investors interested with this counter
01/09/2020 11:23 AM
cendolpulut when the company want to give free warrant..?? take so.long time
18/10/2020 11:45 AM
Davidl Time to accumulate!
26/10/2020 10:46 AM
kong73 Q 20000units@0.31 today
11/11/2020 1:09 PM
kong73 secured 20000 units @0.31..check out my portfolio
11/11/2020 5:25 PM
kong73 E.A. Technique’s (EAT) 2QFY20 top line grew by 41.4% YoY, mainly attributed to higher recognition from the Group’s Temporary Storage Tanker (TST) contract which commenced operation in February this year. Nonetheless, core net profit slipped 16.1% YoY to RM8.8m due to enforcement of Movement Control Order (MCO), resulting in a significant disruption to its operations. For 1HFY20, the Group reported core net profit of RM22.7m ( 34.6% YTD), in tandem with higher revenue of RM181.5m ( 36.7% YTD) on the back of stronger 1QFY20 numbers. While core earnings were at 66.8% of our full year projections, we deem the numbers as in line however. We err on the side of caution over its earnings in the remaining quarters, considering the operating environment after the Covid-19 and the level of oil prices currently with earnings likely be affected as a result of fewer spot charters and adjustment on charter prices. We maintain our Outperform call on EAT nonetheless in view of its stable earnings outlook despite recent hiccups. Our TP of RM0.47 based on 8x FY21 EPS.

Lower QoQ earnings due to MCO. EAT reported lower core net profit of RM8.8m (-37.1% QoQ) in 2QFY20 despite of higher revenue by 7% QoQ to RM93.8m. This was mainly due to enforcement of the MCO starting mid March, resulting in a significant disruption to its operations particularly on the movement of crew as well as additional costs incurred due to Covid-19. With that, the Group’s profit margins compressed by 11ppt and 6.6ppt at gross and net profit levels respectively. Higher top line in the quarter was not a surprise given the first full contribution from the Group’s TST contract.
Earnings forecast unchanged. Despite the commendable 1HFY20 performance, we err on the side of caution on EAT’s 2HFY20 earnings given the impact of low crude oil prices due to the Covid-19 pandemic. The Group’s earnings are likely to be affected as a result of fewer spot charters, lower charter rates and possible termination of contracts. Recall, global oil majors including Petronas have announced capex cuts ranging from 20% - 30% this year. As such, we foresee there are charter rate adjustment risks on EAT’s FSO Muar and Tembikai. We also foresee there is risk for TST contract to be ended earlier than the original due date (January 2021) given the role of the TST itself as a temporary storage for Early Well Test (EWT) for the Sepat C exploration field.

Having said that, EAT’s earnings outlook is expected to remain stable with growth seen in FY21 onwards after commencement of the three new tanker contracts. Outstanding orderbook remains healthy at RM910.9m, translating to 3.3x FY19 revenue.
Source: PublicInvest Research - 1 Sept 2020
12/11/2020 5:39 PM
kong73 Oil price is creeping up slowly but surely
12/11/2020 5:40 PM
kong73 No chance for TST contract to be terminated
12/11/2020 5:41 PM
cutie An arbitral tribune has ordered EA Technique (M) Bhd (EATech) to pay Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) a sum of US$29.52 million (RM121.93 million), after hearing a dispute between the two companies over a contract.
13/11/2020 1:11 AM
flyingtomoon2020 Eatech gogogo
13/11/2020 3:12 AM
flyingtomoon2020 Post removed. Why?
13/11/2020 3:12 AM
n00b123 Koyak
13/11/2020 9:22 AM
HowAh Wow... totally got cheated
13/11/2020 10:32 AM
vcinvestor public bank is not fully taking into account the impact of the arbitration award so their RM0.41 price target is laughable.

the only way EA can meet the claim sum is via issuance of new shares which will dilute the existing shareholders like hell.
13/11/2020 10:59 AM
DODO Wow TP by PB is so high...
13/11/2020 4:41 PM
kong73 blardy eell
13/11/2020 4:59 PM