After Topgove last quarter report come out. Glove become hot topic.
I don't own any glove stock.
I just take some data to compare each other. Maybe it useful for you ^^...
All data some base on date as below:
(mostly data copy from i3)
1.) Revenue
Harta best in increase they revenue. Supermx =.=...
2.) Net Profit
Comfort good turnover results but tax increase from 2017 to 2019. Supermx =.=... again
3.) Net Profit Margin
Comfort lower net profit margin but most increase profit margin =.=...
Harta best profit margin.
4.) ROE
Harta best ROE, but 10 years ago ROE too good (become worst results ROE increse (%).
Opposite condition for comfort.
5.) PE
Base on PE, rank given from investors. Harta, Topglove, Kossan, Supermx and Comfort.
6.) USD/RM
Harta, Kossan, Supermx 1-Oct-2019 to 31-Dec-2019 average USD/RM about same with
previous quarter 1-Jul-2019 to 30-Sep-2019. But in furture will effect it.
For Topglove and Comfort we can see average USD/RM lower compare last quarter
*Data taken until 17-Jan-2020
7.) Latex Cost
* Jan-2020 data until 17-Jan-2020
http://www3.lgm.gov.my/mre/YearlyAvg.aspx
Simple calculation average buld latex cost vs quarter report date as below:
8.) PBT
9.) Wuhan Coronavirus
Confirmed Cases 291
https://edition.cnn.com/2020/01/21/asia/china-china-coronavirus-sars-intl-hnk/index.html
Conclusion
Harta higher PE - Best ROE and profot margin (AMG Antimicrobial Glove)
Topglove second high PE - Big name president Lim Wee Chai and exploxe condom market
Kossan third high PE - ROE and profit margin better than Topglove but PE lower than Topglove
Supermx - Contact lens
Comfort - Cheap glove counter in Malaysia
Chart | Stock Name | Last | Change | Volume |
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Created by Wah Lau | Aug 31, 2020
Thanks for suggestions. Update USD/RM vs Quarter Report date. If have material cost link please share here and thanks.
2020-01-19 20:58
comfort have not been paying tax for quite a long time, they are still paying minimal tax now. expected to used up unabsorbed loss even without factoring new accounting law.
2020-01-19 23:02
BIG 4 Glovemakers in M'sia: Harta - TopGlove - Kossan - Riverstone
【独家】近郭鹤年财富50% 4手套天王身家204亿
https://www.enanyang.my/news/20190312/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E8%BF%91%E9%83%AD%E9%B9%A4%E5%B9%B4%E8%B4%A2%E5%AF%8C50-4%E6%89%8B%E5%A5%97%E5%A4%A9%E7%8E%8B%E8%BA%AB%E5%AE%B6204%E4%BA%BF/
【独家】菜农之子跻身亿万富豪 黄德顺隐形的手套天王
https://www.enanyang.my/news/20190319/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E8%8F%9C%E5%86%9C%E4%B9%8B%E5%AD%90%E8%B7%BB%E8%BA%AB%E4%BA%BF%E4%B8%87%E5%AF%8C%E8%B1%AA-%E9%BB%84%E5%BE%B7%E9%A1%BA%E9%9A%90%E5%BD%A2%E7%9A%84%E6%89%8B%E5%A5%97/
2020-03-31 20:58
50%操作禁令解除‧胶手套厂恢复生产
https://www.sinchew.com.my/content/content_2244357.html
2020-03-31 21:00
johnny cash
First we have to make sure are this gloves are going to make profits from this flu..next question is,,, is this flu is going to be a longterm or short term thing?? If short term thing,, you should know when to enter n when to exit,, if long term thing, then when to enter only.. Just my oppinion
2020-01-19 18:07