ASIA BRANDS BERHAD
KLSE (MYR): ASIABRN (7722)
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Last Price
0.52
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Financial
Market Cap
Market Cap
121 Million
NOSH
233 Million
Latest Quarter
Latest Quarter
30-Sep-2024 [#2]
Announcement Date
12-Nov-2024
Next Quarter
31-Dec-2024
Est. Ann. Date
27-Feb-2025
Est. Ann. Due Date
01-Mar-2025
QoQ | YoY
-79.19% | -91.69%
T4Q Result
Revenue | NP to SH
184,735.000 | 3,885.000
RPS | P/RPS
79.41 Cent | 0.65
EPS | P/E | EY
1.67 Cent | 31.14 | 3.21%
DPS | DY | Payout %
1.50 Cent | 2.88% | 89.83%
NAPS | P/NAPS
1.02 | 0.51
QoQ | YoY
-31.77% | -57.02%
NP Margin | ROE
2.12% | 1.64%
F.Y. | Ann. Date
30-Sep-2024 | 12-Nov-2024
Latest Audited Result
Latest Audited Result
31-Mar-2024
Announcement Date
22-Jul-2024
Next Audited Result
31-Mar-2025
Est. Ann. Date
22-Jul-2025
Est. Ann. Due Date
27-Sep-2025
Annual (Unaudited)
Revenue | NP to SH
194,960.000 | 8,547.000
RPS | P/RPS
83.80 Cent | 0.62
EPS | P/E | EY
3.69 Cent | 14.15 | 7.06%
DPS | DY | Payout %
2.00 Cent | 3.85% | 54.44%
NAPS | P/NAPS
1.03 | 0.50
YoY
-29.36%
NP Margin | ROE
4.40% | 3.57%
F.Y. | Ann. Date
31-Mar-2024 | 30-May-2024
Annualized Result
Revenue | NP to SH
170,932.000 | 1,904.000
RPS | P/RPS
73.47 Cent | 0.71
EPS | P/E | EY
0.82 Cent | 63.54 | 1.57%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
-39.59% | -83.04%
NP Margin | ROE
1.13% | 0.80%
F.Y. | Ann. Date
30-Sep-2024 | 12-Nov-2024
Business Process
| Trailing 4 Quarters | Trailing 8 Quarters | |||
|---|---|---|---|---|
| Available Quarters | 4 Quarters | 8 Quarters | ||
| Continuous Quarters Of Revenue Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| 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 | 0.41% | 0.68% | ||
| Average Net Profit Margin | 2.03% | 3.37% | ||
| Last 5 Financial Years | Last 10 Financial Years | |||
|---|---|---|---|---|
| Available Years | 5 Years | 10 Years | ||
| Continuous Quarters Of Revenue Growth | 2 / 5 | 40.00% | 2 / 10 | 20.00% |
| Total Positive Profit Years | 5 / 5 | 100.00% | 7 / 10 | 70.00% |
| Continuous Quarters Of Positive Profit | 5 / 5 | 100.00% | 6 / 10 | 60.00% |
| 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 | 2 / 5 | 40.00% | 2 / 10 | 20.00% |
| Continuous Quarters Of Dividend | 1 / 5 | 20.00% | 1 / 10 | 10.00% |
| Continuous Quarters Of Dividend Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Continuous Quarters Of Adjusted Dps Growth | 1 / 5 | 20.00% | 1 / 10 | 10.00% |
| Average ROE | 5.39% | -4.55% | ||
| Average Net Profit Margin | 6.72% | -2.93% | ||
Key Result
| T4Q | Annualized | Annual (Unaudited) | Last 10 FY Average | Last 5 FY Average | |
|---|---|---|---|---|---|
| Revenue | 184,735 | 170,932 | 194,960 | 195,773 | 181,494 |
| NP to SH | 3,885 | 1,904 | 8,547 | -5,605 | 11,982 |
| Dividend | 3,489 | 2,326 | 4,652 | 697 | 1,395 |
| Adjusted EPS | 1.67 | 0.82 | 3.69 | -2.41 | 5.16 |
| Adjusted DPS | 1.50 | 1.00 | 2.00 | 0.30 | 0.60 |
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 | -9.65% | -9.54% | -10.69% | -12.16% | -13.17% |
| NP to Owner | -79.19% | -91.69% | -83.04% | -83.11% | -89.85% |
| Dividend | 0.00% | 0.00% | -50.00% | 0.00% | 0.00% |
| Adjusted EPS | -79.41% | -91.76% | -83.06% | -83.33% | -89.96% |
| Adjusted DPS | 0.00% | 0.00% | -50.00% | 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 | -5.24% | 1.79% | -5.64% | -12.32% | -5.82% | -12.69% | 5.64% | 7.42% | -0.42% |
| NP to Owner | -54.55% | -67.58% | 169.31% | -77.72% | -84.11% | 133.97% | -29.36% | -28.67% | 252.48% |
| Dividend | -25.00% | 150.00% | 400.00% | -50.00% | 66.67% | 233.33% | 0.00% | 233.33% | 566.67% |
| Adjusted EPS | -54.74% | -67.61% | 169.40% | -77.78% | -84.10% | 134.08% | -29.17% | -28.43% | 253.34% |
| Adjusted DPS | -25.00% | 150.00% | 400.00% | -50.00% | 66.67% | 233.33% | 0.00% | 233.33% | 566.67% |
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
1 person likes this. Showing 50 of 101 comments
They are trying to close some of the branches...my friend lend a shop to them now they are trying to move out...
2016-10-10 23:03
Hi OMR,
The company’s financial performance reflects the challenging market environment faced by the retail apparel industry especially with the fast-growing threat from the online businesses (for Malaysia it has to be Lazada who is backed by Alibaba). Asia Brand has been making big losses for the past 3 financial years (from FY16 to FY18). 1H19 showed some improvement (profit of RM2.4mil) but is still far from the company’s glory days when it managed to record a profit of RM28mil in FY14. Assuming the company managed to reach a profit of RM5mil in FY19, at the current share price it is still being valued at roughly 17.6x PE.
Bigger issue consists of its balance sheet where as of Sept 18 it has a total debt of more than RM100mil (of which most of it needs to be settled in 12 months) and only RM6.7mil cash. The right issue had only managed to increase the cash balance to RM47mil which means that the company still need to raised some more capital in order to pay its debt. Another way is for the company to refinance the debt but given the increasing interest rate trends, it would mean that the company will have to pay higher interest rate in the future.
A big portion of the company’s assets are actually in the form of intangibles (brands) and goodwill. Total net tangible asset (after right issue) should be around RM30mil only or RM0.13 per share. This would mean that the company is currently trading at a high of almost 3x PB.
If you are looking to diversify your portfolio outside of Asia Brands (due to weak earnings growth and weak balance sheet) I would recommend you to look at MBMR.
MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.
For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the new Alza in 2H19.
Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.
Good luck.
2019-01-14 10:01
No right Nor wrong Only to Win
Hahaha
commonsense, what a good way in promoting other counter in other threads.
As long as its a quality infos & fact.
I can accepts that.
Thanks bro
2019-08-26 12:12
Tough business right now, work hard to survive, don’t think about grow
2021-02-09 13:11
Hehe check me ya? I queue for days dy, u check la I also duno which day
2021-07-29 21:56
ok bro. No worries. Cz i also entered this and I support you and Asiabrands!
Let's huat together. hahahahaha!
2021-07-29 22:00
Tan Thian Poh, the head of Asia Brands Bhd., a clothing manufacturer, said the regulations mean he hasn’t been able to produce apparel for two months, delaying deliveries to foreign buyers. His factories’ only lifeline has been producing personal protective equipment, which is deemed an essential sector by the government, although even then he is restricted to 60% of his usual workforce. He said that clothing buyers may eventually switch to suppliers from outside Malaysia. “This uncertainty has impacted us very, very badly,” he said.
WSJ | Economics
2021-08-03 07:27
One day buy 1 lot, sure got one day spike to sky high. This gonna be real game
2021-09-14 19:17
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nice1
sales is going down but debts still high
2015-09-05 17:41