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[转贴] 冷眼推荐股(七):HEVEA - 阿Boon

Tan KW
Publish date: Tue, 15 Nov 2016, 11:25 AM
Tan KW
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Tuesday, November 15, 2016 

 
 


业务
- 木屑胶合板(Chipboard)
- 木制家具

HEVEA(亿维雅,5095,主板工业产品股),成立于1993年,并于2005年1月12日上市大马交易所主板。

大本营设在森美兰州的HEVEA,其业务主要涉及生产与经销木屑板 (Particleboard),除了供应给本地市场外,大部分都出口至其他国家。当中,中国和日本这两国就几乎占了其一半的营业额,其他的国家还包括美 国、欧洲国家、印度、阿联酋、东南亚国家、台湾、澳洲等。

此外,该公司也生产一些现成组装(Ready-to-Assemble)木制家具。

其实有常来我部落格的朋友,应该还会记得我曾经介绍过它,那是去年1月的时候,该篇文章为《浅谈HEVEA》。 

当时我说这家公司吸引到我的原因是其股价被低估,以及该公司的还债能力非常强。

今天,HEVEA已经完全把银行借贷偿还,并且拥有9800万令吉的净现金。而且在现今充裕的情况下,公司也开始派发更多的股息,相信这是所有股东最希望看到的。

HEVEA的业绩在2015年达到的高峰,营业额5亿260万令吉,净利也达到7383万令吉。

而今年首半年,营业额为2亿6768万令吉,而净利则是3543万令吉。营业额已经已经是去年的一半,然而净利仍然需要再加把劲。

我个人觉得,在公司无需承担贷款利息的压力,以及美元持续升值的这两大因素,HEVEA今年全年业绩应该可以超越去年。
 

http://bblifediary.blogspot.my/2016/11/hevea.html

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1 person likes this. Showing 4 of 4 comments

PitBulL

Thanks for sharing!

2016-11-15 15:21

Abdul Rashid Ismail Rashid

PLEASE TRANSLATE IN BAHASA PLEASE PLEASE PLEASE

2016-11-15 19:08

cheahsk

Abd Rashid, I am in the same predicament and I use google translate. Not a perfect translation but you get the gist of it. Works for me.

2016-11-16 15:14

cutemother

业务Core Business:
- 木屑胶合板(Chipboard)
- 木制家具 (wood based furniture)

HEVEA(亿维雅,5095,主板工业产品股(main board)),成立于1993年,并于2005年1月12日上市大马交易所主板。(HEVEA was formed @ yr1993, listed on main board since 12th Jan 2005)

大本营设在森美兰州的HEVEA,其业务主要涉及生产与经销木屑板 (Particleboard),除了供应给本地市场外,大部分都出口至其他国家。当中,中国和日本这两国就几乎占了其一半的营业额,其他的国家还包括美 国、欧洲国家、印度、阿联酋、东南亚国家、台湾、澳洲等。
HEVEA HQ is based at N.Sembilan, with business nature of manufacturing & promotion for particleboard, supplying them to local & international market.
Their main client, China & Japan contributed above 50% of revenue to HEVEA's total sales. The other countries HEVEA exported to are: U.S., Europe, India, UAE, South East Asia, Taiwan, Australia & so on.

此外,该公司也生产一些现成组装(Ready-to-Assemble)木制家具。
Besides, HEVEA also produced "ready-made"/ready-to-assemble wooden based furniture (like IKEA).
其实有常来我部落格的朋友,应该还会记得我曾经介绍过它,那是去年1月的时候,该篇文章为《浅谈HEVEA》。 当时我说这家公司吸引到我的原因是其股价被低估,以及该公司的还债能力非常强。
Author did introduced HEVEA last January, and also mentioned that it's share price are under market value, also, they are excellent paymaster (especially in business loan payback)

今天,HEVEA已经完全把银行借贷偿还,并且拥有9800万令吉的净现金。而且在现今充裕的情况下,公司也开始派发更多的股息,相信这是所有股东最希望看到的。

As at today, all borrowings are returned to banks, and HEVEA are holding a nett cash with a value of RM98,000,000. With such strong position (cash-in-hand), The Company expects to distribute more dividends from now on, and it's what the most shareholders looking forward.

HEVEA的业绩在2015年达到的高峰,营业额5亿260万令吉,净利也达到7383万令吉。
HEVEA hit it's peak performance @ year 2015, with revenue of RM526,000,000, net profit of RM73,830,000

而今年首半年,营业额为2亿6768万令吉,而净利则是3543万令吉。营业额已经已经是去年的一半,然而净利仍然需要再加把劲。
at the first half of 2016, the achieved sales revenue is RM267,860,000. and Net profit is RM35,430,000. the company are supposed to increase it's net profit margin to overpass previous financial performance

我个人觉得,在公司无需承担贷款利息的压力,以及美元持续升值的这两大因素,HEVEA今年全年业绩应该可以超越去年。
on my personal point of view, since Company are free from serving loan's interests, and with increasing USD currency value. The overall yoy performance should be able to surpass last year's.

2016-11-16 17:55

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