THONG GUAN INDUSTRIES BHD

KLSE (MYR): TGUAN (7034)

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Last Price

1.41

Today's Change

+0.02 (1.44%)

Day's Change

1.39 - 1.42

Trading Volume

982,900

Financial
Market Cap

Market Cap

570 Million

NOSH

404 Million

Latest Quarter

Latest Quarter

30-Sep-2024 [#3]

Announcement Date

20-Nov-2024

Next Quarter

31-Dec-2024

Est. Ann. Date

28-Feb-2025

Est. Ann. Due Date

01-Mar-2025

QoQ | YoY

-28.30% | -31.57%

T4Q Result

Revenue | NP to SH

1,295,673.000 | 67,760.000

RPS | P/RPS

320.36 Cent | 0.44

EPS | P/E | EY

16.75 Cent | 8.42 | 11.88%

DPS | DY | Payout %

5.38 Cent | 3.82% | 32.14%

NAPS | P/NAPS

2.35 | 0.60

QoQ | YoY

-9.26% | -17.7%

NP Margin | ROE

5.38% | 7.12%

F.Y. | Ann. Date

30-Sep-2024 | 20-Nov-2024

Latest Audited Result

Latest Audited Result

31-Dec-2023

Announcement Date

29-Apr-2024

Next Audited Result

31-Dec-2024

Est. Ann. Date

29-Apr-2025

Est. Ann. Due Date

29-Jun-2025

Annual (Unaudited)

Revenue | NP to SH

1,240,118.000 | 70,995.000

RPS | P/RPS

306.62 Cent | 0.46

EPS | P/E | EY

17.55 Cent | 8.03 | 12.45%

DPS | DY | Payout %

4.13 Cent | 2.93% | 23.50%

NAPS | P/NAPS

2.27 | 0.62

YoY

-29.34%

NP Margin | ROE

5.80% | 7.73%

F.Y. | Ann. Date

31-Dec-2023 | 28-Feb-2024

Annualized Result

Revenue | NP to SH

1,302,968.000 | 79,733.333

RPS | P/RPS

322.16 Cent | 0.44

EPS | P/E | EY

19.71 Cent | 7.15 | 13.98%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

-11.04% | -5.13%

NP Margin | ROE

6.22% | 8.37%

F.Y. | Ann. Date

30-Sep-2024 | 20-Nov-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 1 / 4 25.00% 1 / 8 12.50%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted EPS Growth 0 / 4 0.00% 0 / 8 0.00%
Total Dividend Years 2 / 4 50.00% 4 / 8 50.00%
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 1.79% 2.12%
Average Net Profit Margin 5.37% 6.03%

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 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Profit Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Quarters Of Adjusted EPS Growth 0 / 5 0.00% 0 / 10 0.00%
Total Dividend Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Dividend 5 / 5 100.00% 10 / 10 100.00%
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 11.41% 10.56%
Average Net Profit Margin 7.29% 6.29%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 1,295,673 1,302,968 1,240,118 962,603 1,147,415
NP to SH 67,760 79,733 70,995 60,352 80,371
Dividend 21,775 13,337 16,686 15,060 19,958
Adjusted EPS 16.75 19.71 17.55 14.92 19.87
Adjusted DPS 5.38 3.30 4.13 3.72 4.93

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 8.61% 3.77% 6.03% 1.67% 3.94%
NP to Owner -28.30% -31.57% -5.13% -11.53% -20.12%
Dividend 0.00% 0.00% 103.87% 0.00% 0.00%
Adjusted EPS -28.30% -31.57% -5.13% -11.53% -20.12%
Adjusted DPS 0.00% 0.00% 103.87% 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 4.48% 12.92% 34.60% 5.07% 13.56% 35.36% -10.55% 8.08% 28.83%
NP to Owner -4.56% -15.69% 12.27% 12.31% -0.79% 32.11% -29.34% -11.67% 17.63%
Dividend 30.50% 9.11% 44.59% -20.07% -33.17% -11.44% -28.04% -16.39% 10.80%
Adjusted EPS -4.56% -15.69% 12.27% 12.31% -0.79% 32.11% -29.34% -11.67% 17.63%
Adjusted DPS 30.50% 9.11% 44.59% -20.07% -33.17% -11.44% -28.04% -16.39% 10.80%

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
14 people like this. Showing 50 of 6,781 comments

SincereStock

f&b is just short form btw, not actually f&b, it is actually f&b containers

4 weeks ago

sakurako

i could be wrong, but im in tguan due to its plastic business. Eco-packaging especially japanese market? hope the USD up recently will improve the profit

4 weeks ago

sakurako

sorry i do not study very details, but if tguan valued at 600m, above offer 60m is 10% of tguan, but this business is generating 5% to the group, overall i would say is fair value... but hope can be more

4 weeks ago

Titan

I think Tguan is trying to streamline its business to get a better valuation. I guess most of F&B doesn't get a higher valuation and F&B is just a small portion of it. Looking at recent development, they are trying to copy what scientex it doing. Only Scientex get a higher valuation as property sector which is about 20x. BPplas & Tguan are in the lower 10x.

3 weeks ago

Titan

Also, with trump taking office, there will be a huge shift in ESG. He care less about environmental issues. He will pump more oil and therefore the raw material will go down. Plastic consumption will go up and with the tariff impose on Mexico, brazil and china, there will be a shift of purchasing to countries and hope this will benefit Malaysia.

3 weeks ago

yfchong

Apa Macam ini boleh jadi sky is the limit in 2025?. Let's see yeah

3 weeks ago

katara

buy

3 weeks ago

PuaQW91

Thong Guan plans to pay 7 sen special dividend after RM60m F&B sale 😯

3 weeks ago

ITreeinvestor

Dispose earning business is not a good idea, this will cause earning less RM6,392,000 , around 10% of profit in future.

2 weeks ago

ITreeinvestor

(ii) Loss of potential future income from STGT Group

With the Proposed Disposal, TGIB will be disposing STGT Group and STGT Group will
cease to be subsidiaries of TGIB upon completion of the Proposed Disposal. TGIB
Group will no longer be able to recognise the share of results of STGT Group and
receive any future dividend income which may be declared and paid on the Sale Shares
by STGT.

2 weeks ago

yfchong

I have join the crowd

2 weeks ago

yfchong

Ang san let tguan be great yeah

2 weeks ago

PuaQW91

What is Ang san? 🤔

2 weeks ago

yfchong

Mr. Ang

2 weeks ago

yfchong

Let's make this is the bottom w formation.
Drive
2 bil sales order by 2027.
2 premiums forming line in luck start.(let's report 1 of the line in fine adjustment.) Start rolling out cash yeah.
How about sciencetex PE must check check yeah

2 weeks ago

ChekHupCoffee

Any bad news? Why keep dropping?

2 weeks ago

ITreeinvestor

selling golden goose which contribute to profit 6mil a year.

2 weeks ago

ITreeinvestor

and the worst part is they use the cash to pay dividend rather than expansion for their own business.

2 weeks ago

PuaQW91

They did expand into property business

2 weeks ago

jeffrey1166

cheap now

1 week ago

yfchong

relax take five,
2 bil yeah

1 week ago

gladiator

BP Plastics pay better dividend, strong support.

1 week ago

yfchong

sudah reach double bottom ?

1 week ago

Pinky

BPPLAS better, I gave up on TGUAN

1 week ago

gladiator

Tguan what happen?? Everyday drop?

1 week ago

ChekHupCoffee

Trump tariff?

1 week ago

yfchong

Double bottom fails to be created, next pitch liao

1 week ago

lloydlim

Downtrend towards 1.00? Possible?

1 week ago

Lee Ying Yee

why drop ? 1.esos not stop 2. oversea fund sell . 3.director sleeps ??

1 week ago

Titan

Like this the 7c dividend given also no use le.....give u 7c........share loose 70c.
What is Tguan management doing? Penny wise pound foolish? Maybe they are not the same company as they used to be.

1 week ago

LossAversion

@Titan, the 7c declared is "not really intended" for you....it is to satisfy those "big bugs" sitting on the board!

1 week ago

Titan

huh?...not distribute to all Tguan shareholder?

1 week ago

Lee Ying Yee

invest now??

1 week ago

xcu843

Why share price keep dropping? Share price will cause market cap to be reduced. Now already less than 600 mils. They want to separate out F&B ,about 10% of market cap, 60 mils. If share price go lower and lower by next year, F&B will cause below far away from 60 mils. Then this Ang family will buy cheaper price, less than 60mils. Maybe 50 mils only. This all control by them.

1 week ago

ITreeinvestor

This is the best strategy of how to make fortune from listing company.

Start a new business, if the business fail (like 2018 restaurant) , keep inside the company, all the share holders bite the bullet.

If the new business is growing, Ang family bought over and the money pay from them cash back from dividend.

1 week ago

PuaQW91

New low today ... Chip in a bit 🙂

1 week ago

Pinky

I've been screaming "value trap" since dunno when...

1 week ago

alan26334

it is good to split out F&B business as no room for future growth due to competitive of this business, many competitors are around now for coffee and tea.....

1 week ago

yfchong

let's see Mr. Ang can bring us to next level yeah. (Rising level lar )

1 week ago

jeffrey1166

coming can fly

1 week ago

jeffrey1166

coming can fly

1 week ago

yfchong

let's see having scout that ESOS transaction price set at RM1.68........ ini apa sebab yeah ?

1 week ago

PuaQW91

sebab they wanted to push the price up 😁

5 days ago

xcu843

Ha…ha…ha, super lousy company drop to 1.39. This is profitable company but share price hit super low. What wrong with this company?

1 day ago

ITreeinvestor

future earning will drop due to dispose earning business

1 day ago

xcu843

Ya. F&B is about 10% revenue overall but share price already drop since 2 nearly 30%. Look like over react.

1 day ago

Maxpowar

The share price never recovered since 5th August when the drop wasn’t even related to the company..

1 day ago

xcu843

I remember that time got one fund(Prudential PLC) keep on sell its shares until 15 oct. After that then follow by disposal of f&b news to press down share price again. I think this was what Ang family wanted to achieve.

1 day ago

Maxpowar

In all honesty the management can’t do much in terms of their share price direction. If they did that would manipulation and liable for legal consequences. They technically can share buy back, but that might not be the best decision at this moment. There’s only so much minor shareholders can do, either hold or sell.

1 day ago

ITreeinvestor

Beside disposing earning business, higher minimum wages and proposed EPF contribution for foreign workers also will impact coming quarters earning as Tguan is heavily rely on foreign workers

11 hours ago

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