[CYPARK RESOURCES BHD:预计到2020年其可再生能源总装机容量将增加四倍,达到120兆瓦以上,在Sepri Dam, Negeri Sembilan的270kw浮式太阳能系统的一英亩项目已经改变了未来太阳能项目的开发方式]
4Q18 vs 4Q17:
4Q2018的集团收入增加了1,550万令吉至7970万令吉,而2017年第4季度则录得6420万令吉。由于园林绿化和基础设施部门以及绿色科技和可再生能源部门的业绩改善,4Q2018的税前利润从4Q2017的2120万令吉增加了200万令吉或9.6%至2330万令吉。与税前利润增加一致,Cypark资源于二零一八年第四季的税后利润(「PAT」)亦增加了210万令吉或11.2%至2,020万令吉,而去年同期则为1,820万令吉。
环境工程:
4Q2018的收入增长了10.3%或460万令吉,达到4,950万令吉,而2017年第4季度则为4,490万令吉。
园林绿化与基础设施:
4Q2018的收入大幅增加1,100万令吉至1,600万令吉,而2017年第四季度则录得500万令吉。与收入增加一致,该部门的4Q2018税前利润大幅增加280万令吉至460万令吉,而2017年第四季度则为170万令吉。这主要是由于新项目获得的初步工程和场地准备工作的工作活动增加。
维护(操作和维护):
该部门本季度产生的收入和税前利润分别为160万令吉和50万令吉,与2017年第四季度的收入和税前利润相似。
绿色科技与可再生能源:
该部门的税前利润从2017年第四季度的410万令吉增加20.5%至490万令吉。这主要得益于运营中实现的成本效益和财务成本的持续节约。
YTD18 vs YTD17:
Cypark资源本财政年度的收入增加3,620万令吉或12.0%至3.379亿令吉,而上一财政年度则为3亿170万令吉。本财政年度的税前利润也从上一财政年度的6960万令吉增加了1590万令吉或22.8%至8,550万令吉。这些增长主要归因于本财政年度环境工程和园林绿化和基础设施部门执行的新项目的贡献。与税前利润增加一致,Cypark资源本财政年度的税后利润增加1,280万令吉或22.2%至7,040万令吉,而上一财政年度则为5,760万令吉。
环境工程:
本财政年度的收入增加2270万令吉或10.2%至2.45亿令吉,而上一财政年度则为2.223亿令吉。这主要是由于该部门获得的新的大型太阳能项目的工程的不断前进。税前利润增加了180万令吉或3.2%至5610万令吉,而上一财政年度则为5430万令吉,原因是某些项目的完工提供额外成本。
园林绿化与基础设施:
本财政年度景观美化及基建部门的收入大幅增加1,100万令吉至3,750万令吉,而上一财政年度则录得2,640万令吉。本财政年度的税前利润亦由上一财政年度的470万令吉大幅增加660万令吉至本财政年度的1130万令吉。这主要是由于新项目的初步工程和场地准备工作的工作活动增加所致。
维护(操作和维护):
该部门于本财政年度产生的收入大幅增加240万令吉或52.2%至660万令吉,而上一财政年度则为420万令吉。随着收入增加,税前利润也从上一财政年度的140万令吉大幅增加至230万令吉。较高的收入和利润主要来自对渗滤液处理厂进行的专业维护工作。
绿色科技与可再生能源:
本财政年度绿色科技和可再生能源部门的收入略微增加了10万令吉或0.1%至4,880万令吉,而上一财政年度则为4,870万令吉。该部门的税前利润增加了140万令吉或9.7%至1580万令吉,而上一财政年度则为1,440万令吉。这主要是由于本财政年度的运营成本效益和财务成本的持续节约所致。
4Q18 vs 3Q18:
Cypark资源本季度收入增加6.0%或450万令吉至7970万令吉,而上一季度录得7510万令吉。增加的主要原因是园林绿化和基础设施部门项目的工作活动增加。
前景:
环境工程,可再生能源和绿色科技的全国市场预计将在2019年得到改善。这主要归功于国家政策和激励措施,这些政策和激励措施为绿色科技和可再生能源企业提供了增强其业务活动和市场影响力的机会。该领域的良好前景符合全球议程,该议程预计将为绿色科技和可再生能源分配更多资源作出更强有力的承诺。
Cypark预计,未来几年,财务业绩将继续保持增长态势。在业务转型的下一阶段,Cypark将继续专注于管理成本和投资,优化人力和运营,提高生产力和效率;最终提升其市场份额和竞争优势。作为环境工程,绿色科技和可再生能源的解决方案提供商,Cypark将继续加强其研发资源,以实现持续创新。 Cypark将通过应用丰富的人类创造力为环境问题提供创新解决方案,继续发挥其在利用丰富自然资源方面的先锋作用。
未来的重点是培养其四大主要业务领域:可再生能源;绿色科技;环境工程与解决方案;和建筑与工程。公司希望将更多资源投入到Cypark的四个部门市场中,以增强其实现未来机遇的能力。
再生能源:
可再生能源的前景看好。根据目前获得的项目,Cypark预计到2020年其可再生能源总装机容量将增加四倍,达到120兆瓦以上。Cypark最近在LSS 2中的胜利也有望提高公信力,增强公司在该行业的市场地位,从而在未来的招标过程中培养其竞争力。
政府的政策和激励措施,例如,SEDA持续实施净能源计量计划,2017 - 2030年绿色技术总体规划和能源效率行动计划,预计将继续成为机遇的推动因素,并进一步推动行业发展。
Cypark已经完成了全国第一个也是最大的并网浮动太阳能系统的安装工作。在Sepri Dam, Negeri Sembilan的270kw浮式太阳能系统的一英亩项目已经改变了未来太阳能项目的开发方式。最近Cypark成功获得从能源委员会在森甘兰的Empangan Terip的LSS 30.00兆瓦的浮动太阳能项目的奖励,预示着Cypark的创新方法。一旦完成,浮动太阳能项目将成为世界上最大的太阳能项目之一。该项目有望为公司的可持续发展做出贡献。
由于Cypark已从短期/中期收入转为特许经营收入,预计Ladang Tanah Merah的完成将对公司稳定和可持续收入作出重大贡献,因为预计每年将产生8,000万令吉的收入,25年的特许期。 2019年还将看到Cypark的沼气能源项目在Ladang Tanah Merah的Fully Anaerobic Bioreactor System(FABIOS)投产后的收入贡献。
绿色科技:
Cypark将继续加强研发方面的努力和资源,以开发能源储存,可出口生物质固体燃料(BSF)和能效(EE)项目的商机。这些项目预计将有助于Cypark在绿色技术领域的收入增长。公司将把空果串(EFB)生物质绿色颗粒的出口扩大到具有巨大潜在市场规模的特定区域市场。
Cypark还确定了马来西亚SEDA,能源效率项目和储能技术提供的开发净能量计量(NEM)项目的未来机会,以管理电力供应,从而为柴油替代项目创造更灵活,更强大的能源基础设施和能源。
环境工程与解决方案:
该部门预计将通过长期政府在若干渗滤液处理厂的运营和管理(O&M)合同以及收集卫生填埋场运营的倾倒费用,为Cypark的可持续收入和财务业绩做出重大贡献。
作为当地提供环境工程解决方案的先驱公司,Cypark在经验和专业知识方面的优势有望促进公司获得更多未来废水处理,卫生填埋场,废物管理设施和垃圾场关闭项目的机会。迄今为止,Cypark经验丰富的团队已成功完成了超过600英亩的污染土地修复工作,涵盖全国20多个垃圾填埋场项目。
建设工程:
2019年,建筑工程部门预计将继续充满商业活动,因为该部门是Cypark新的和正在进行的可再生能源和环境工程项目的主要承包商。公司还将加大力度和资源,以确保更多项目建设基础设施,园林绿化以及住宅和商业建筑,其中包括全面的工程和施工服务周期 - 从可行性研究到概念和详细设计;采购和后勤,以指导施工和项目管理进行测试和调试。
------------------------------------------------
James Ng Stock Pick Performance:
Since Recommended Return:
a) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.12 in 8 days, total return is 16.1%
b) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.15 (dividend RM0.0375) in 2 months 14 days, total return is 15.7%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.875 in 5 months 30 days, total return is 10.1%
我希望将我的策略分享给读者,希望他们在阅读后能够表现出色。我正在使用基本面分析(Fundamental Analysis):
预计公司每年的增长率必须> 14%
我想说服读者学习基本面分析FA以便能从股市赚钱。
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[CYPARK RESOURCES BHD: expects its total renewable energy plant capacity to jump four fold to more than 120 MW by 2020, one acre project of 270kw floating solar system at Sepri Dam, Negeri Sembilan has transformed how solar project will be developed in the future]
4Q18 vs 4Q17:
The Group revenue for 4Q2018 increased by RM15.5 million to RM79.7 million as compared to RM64.2 million recorded in 4Q2017. The profit before tax for 4Q2018 increased by RM2.0 million or 9.6% to RM23.3 million from RM21.2 million as recorded in 4Q2017 due mainly to the improved performance in the Landscaping and Infrastructure division and Green Tech & Renewable Energy division. In line with the increase in profit before tax, the Group’s profit after tax (“PAT”) for 4Q2018 also increased by RM2.1 million or 11.2% to RM20.2 million as compared to RM18.2 million recorded in preceding year quarter.
Environmental Engineering:
The revenue for 4Q2018 increased by 10.3% or RM4.6 million to RM49.5 million as compared to RM44.9 million recorded in 4Q2017.
Landscaping & Infrastructure:
The revenue for 4Q2018 increased substantially by RM11.0 million to RM16.0 million as compared to RM5.0 million recorded in 4Q2017. In line with the increase in revenue, the profit before tax for 4Q2018 for this division increased substantially by RM2.8 million to RM4.6 million as compared to RM1.7 million recorded in 4Q2017. This was mainly attributable to the increase in work activities for the preliminary works and site preparation works from the new projects secured.
Maintenance (Operation & Maintenance):
The revenue and profit before tax generated by this division for current quarter was at RM1.6 million and RM0.5 million respectively, which were similar to the revenue and profit before tax recorded in 4Q2017.
Green Tech & Renewable Energy:
The profit before tax of this division increased by 20.5% to RM4.9 million from RM4.1 million recorded in 4Q2017. This was mainly contributed by the cost efficiency achieved in operation and continuous saving achieved in finance costs.
YTD18 vs YTD17:
The Group's revenue for the current financial year increased by RM36.2 million or 12.0% to RM337.9 million as compared to RM301.7 million recorded in preceding financial year. The profit before tax for the current financial year also increased by RM15.9 million or 22.8% to RM85.5 million from RM69.6 million as recorded in preceding financial year. These increases were mainly attributed to the contribution of the new projects executed in the Environmental Engineering and Landscaping and Infrastructure divisions in current financial year. In line with the increase in profit before tax, the Group’s profit after tax for the current financial year increased by RM12.8 million or 22.2% to RM70.4 million as compared to RM57.6 million recorded in preceding financial year.
Environmental Engineering:
The revenue for the current financial year increased by RM22.7 million or 10.2% to RM245.0 million as compared to RM222.3 million recorded in the preceding financial year. This was mainly due to the continuous progress of works for the new large scale solar projects secured in this division. The profit before tax, however increased by RM1.8 million or 3.2% to RM56.1 million as compared to RM54.3 million in the preceding financial year due to additional provision of final costs of certain projects near its completion.
Landscaping & Infrastructure:
The revenue for the landscaping and infrastructure division for the current financial year increased significantly by RM11.0 million to RM37.5 million as compared to RM26.4 million recorded in the preceding financial year. The profit before tax for the current financial year also increased substantially by RM6.6 million to RM11.3 million in the current financial year from RM4.7 million in preceding financial year. This was mainly attributable to the increase in work activities for the preliminary works and site preparation works for the new projects secured.
Maintenance (Operation & Maintenance):
The revenue generated by this division for current financial year increased substantially by RM2.4 million or 52.2% to RM6.6 million as compared to RM4.2 million in preceding financial year. In line with the increase in revenue, the profit before tax also increased significantly to RM2.3 million from RM1.4 million recorded in preceding financial year. The higher revenue and profit were mainly contributed by the specialist maintenance works performed on leachate treatment plants.
Green Tech & Renewable Energy:
The revenue for green tech & renewable energy division for current financial year increased marginally by RM0.1 million or 0.1% to RM48.8 million as compared to RM48.7 million recorded in preceding financial year. The profit before tax of this division increased by RM1.4 million or 9.7% to RM15.8 million as compared to RM14.4 million recorded in preceding financial year. This was mainly contributed by the cost efficiency achieved in operation and continuous saving achieved in finance costs in the current financial year.
4Q18 vs 3Q18:
The revenue of the Group for the current quarter increased by 6.0% or RM4.5 million to RM79.7 million as compared to RM75.1 million recorded in the immediate preceding quarter. The increase was mainly due to the increase in the work activities of the projects in Landscaping and Infrastructure division.
Prospects:
The national market in environmental engineering, renewable energy, and green technology is expected to improve in 2019. This is mainly due to national policies and incentives which provide opportunities for green technology and renewable energy players to enhance their business activities and market presence. The favourable outlook in this area is in line with the global agenda which foresees stronger commitment towards the allocation of more resources for green technology and renewable energy.
Embarking into its prospective years, Cypark foresees that the boosting financial performance will continue its momentum. In the next phase of the business transformation, Cypark will continue to focus on managing cost and investment, optimising manpower and operation, and increasing productivity and efficacy; eventually boosting its market share and competitive advantage. Cypark will continue to enhance its resources in research and development for continuous innovations and creativity as a solution provider in environmental engineering, green technology, and renewable energy. Cypark will continue its spearheading role in harnessing the abundance of the natural resources by applying the wealth of human creativity towards providing innovative solutions to environmental problems.
The emphasis for the future is to foster its four main business segments: renewable energy; green technology; environmental engineering and solutions; and construction & engineering. The Company expects to put more resources into the four segments through which Cypark anticipates to enhance its capacity to realise future opportunities.
Renewable Energy:
The prospect for renewable energy looks promising. Based on the projects currently secured, Cypark expects its total renewable energy plant capacity to jump four fold to more than 120 MW by 2020. Cypark’s recent win in LSS 2 is also expected to enhance credibility and strengthen the Company’s market position in the industry, thus foster its competitiveness in the future bidding processes.
Government policies and incentives, for examples, the continuous implementation of Net Energy Metering Programme by SEDA, Green Technology Master Plan 2017 – 2030 and Energy Efficiency Action Plan, are expected to continue to be the drivers for the opportunities and further boost the industry.
Cypark has completed the installation of the nation’s first and largest grid connected floating solar system which is constructed on water source. The one acre project of 270kw floating solar system at Sepri Dam, Negeri Sembilan has transformed how solar project will be developed in the future. The recent successful award of 30.00 MW a.c. LSS floating solar project at Empangan Terip, Negeri Sembilan by the Energy Commission to Cypark bodes well with Cypark’s innovative approach. Once completed, the floating solar project will become one of the largest of its kind in the world. The project is expected to contribute to the Company’s sustainability.
As Cypark has been shifting from short/medium-term based revenue to concession-generated income, the expected completion of Ladang Tanah Merah is foreseen to contribute substantially to the Company’s stable and sustainable revenue as it is anticipated that RM80 million will be generated annually over the 25-year concession period. 2019 will also see revenue contribution from Cypark’s biogas-to-energy project upon the commissioning of its Fully Anaerobic Bioreactor System (FABIOS) in Ladang Tanah Merah.
Green Technology:
Cypark will continue to enhance efforts and resources in research and development to develop business opportunities from energy storage, exportable Biomass Solid Fuels (BSF) and Energy Efficiency (EE) projects. The projects are expected to contribute to Cypark’s revenue growth in the green technology segment. The Company will expand export of Biomass Green Pellet made from Empty Fruit Bunches (EFB) to selected regional markets with large potential market size.
Cypark has also identified future opportunities to develop Net Energy Metering (NEM) Project as offered by Malaysia’s SEDA, Energy Effienciency Project and Energy Storage Technology to manage supply of electricity in creating a more flexible and strong energy infrastructure and energy from diesel replacement projects.
Environmental Engineering & Solutions:
The segment is expected to contribute significantly to Cypark’s sustainable income and financial performance through long-term government’s contracts in operation and management (O&M) of several leachate treatment plants and collection of tipping fees from sanitary landfill operations.
Cypark’s strengths in experience and expertise as the local pioneering company in providing environmental engineering solutions are expected to foster the Company’s chance to secure more future projects in waste water treatment, sanitary landfills, waste management facilities, and closure of dump sites. To date, Cypark’s experienced team has successfully completed more than 600 acres of remediation and restoration work of contaminated ground spanning over 20 landfill projects across the country.
Construction Engineering:
In 2019, construction engineering segment is expected to continue to be full of business activities as the segment is the main contractor for Cypark’s new and on-going renewable energy and environmental engineering projects. The Company will also increase its efforts and resources to secure more projects in construction of infrastructure, landscaping, as well as residential and commercial buildings, which includes a comprehensive engineering and construction service cycle – from feasibility study to conceptual and detailed design; procurement and logistic to direct construction and project management to testing and commissioning.
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James Ng Stock Pick Performance:
Since Recommended Return:
a) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.12 in 8 days, total return is 16.1%
b) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.15 (dividend RM0.0375) in 2 months 14 days, total return is 15.7%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.875 in 5 months 30 days, total return is 10.1%
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:
the forecasted growth of a company must > 14% per year
I wish to convince readers to learn FA in order to make money from stock market.
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Created by James Ng | Sep 18, 2024