Efficient E Solutions Bhd
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Quick analysis of Efficient E Solutions Bhd (30 sec.)

1. Valuation of Efficient E Solutions Bhd (5 min.)

Current price per share

RM0.20

Book Value per Share

RM0.17

2. Growth of Efficient E Solutions Bhd (5 min.)

Is Efficient E Solutions Bhd growing?

	Current year	Previous year	Grow	Grow %
How rich?	$26.3m	$26.5m	-$334.7k	-1.3%

How much money is Efficient E Solutions Bhd making?

	Current year	Previous year	Grow	Grow %
Making money	-$1.9k	-$174.4k	$172.4k	?
Net Profit Margin	-4.2%	-39.7%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Efficient E Solutions Bhd (5 min.)

4. Comparing to competitors in the Specialty Business Services industry (5 min.)

Industry Rankings (Specialty Business Services)

Fundamentals of Efficient E Solutions Bhd

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of Efficient E Solutions Bhd.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Efficient E Solutions Bhd earns for each RM1 of revenue.

Above 10% is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
A Net Profit Margin of 1.2% means that RM0.01 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Efficient E Solutions Bhd:

The MRQ is 1.2%. The company is making a profit. +1
The TTM is -4.2%. The company is making a loss. -1

Trends

Current period		Compared to		+/-
MRQ	1.2%	TTM	-4.2%	+5.3%
TTM	-4.2%	YOY	-39.7%	+35.6%
TTM	-4.2%	5Y	-93.5%	+89.3%
5Y	-93.5%	10Y	-93.5%	0.0%

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	1.2%	2.6%	-1.4%
TTM	-4.2%	3.1%	-7.3%
YOY	-39.7%	2.9%	-42.6%
5Y	-93.5%	2.1%	-95.6%
10Y	-93.5%	2.9%	-96.4%

Measures how much net profit Efficient E Solutions Bhd earns for each RM1 of revenue.

Revenue is the amount of profit Efficient E Solutions Bhd generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you RM3. The company does not earn RM3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is RM1.5.

The RM3 you pay for a cup of coffee is called revenue.
The RM1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Efficient E Solutions Bhd earns for each RM1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
Can be used to compare companies within the Specialty Business Services industry.

You typically want a high profit margin. This means that for each RM1 in sales, Efficient E Solutions Bhd makes more profit. This shows the investor how efficiently Efficient E Solutions Bhd is operating in general and compared to other companies in the same industry. Efficient E Solutions Bhd operates in the Specialty Business Services industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Efficient E Solutions Bhd. If profit margins remain low (compared to the Specialty Business Services industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Efficient E Solutions Bhd is 0.01. This means that Efficient E Solutions Bhd earned RM0.01 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Specialty Business Services industry is 2.6%.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Efficient E Solutions Bhd with other companies in the same industry (Specialty Business Services).
Net profit margin should rise over the years.
Can be influenced when Efficient E Solutions Bhd sells assets (profit will increase while costs remain the same).
It won’t show what part of Efficient E Solutions Bhd is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Efficient E Solutions Bhd

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Efficient E Solutions Bhd = 72
Total revenue MRQ Efficient E Solutions Bhd = 6,234
RM72 / RM6,234 = 0.01 or 1.2%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Efficient E Solutions Bhd is using its assets to generate profit.

Above 5% is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
0.1% Return on Assets means that Efficient E Solutions Bhd generated RM0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Efficient E Solutions Bhd:

The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.0%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	0.1%	TTM	0.0%	+0.1%
TTM	0.0%	YOY	-0.6%	+0.6%
TTM	0.0%	5Y	-0.8%	+0.8%
5Y	-0.8%	10Y	-0.8%	0.0%

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	0.1%	1.0%	-0.9%
TTM	0.0%	1.3%	-1.3%
YOY	-0.6%	1.2%	-1.8%
5Y	-0.8%	1.1%	-1.9%
10Y	-0.8%	1.3%	-2.1%

Shows how efficient Efficient E Solutions Bhd is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Efficient E Solutions Bhd is using its resources to generate profit. If the return on assets (0.1%) from Efficient E Solutions Bhd are higher than the Specialty Business Services mean (1.0%) that means Efficient E Solutions Bhd is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Efficient E Solutions Bhd is 0.1%. This means the company generated RM0.00 for each RM1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Specialty Business Services industry is 1.0%.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Efficient E Solutions Bhd

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Efficient E Solutions Bhd = 72
Total assets MRQ (balance sheet) from Efficient E Solutions Bhd = 132,174
72 / 132,174 = 0.00 or 0.1%

ROA is an important ratio as it will tell you how effectively Efficient E Solutions Bhd is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Efficient E Solutions Bhd is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
0.1% Return on Equity means Efficient E Solutions Bhd generated RM0.00 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Efficient E Solutions Bhd:

The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 0.0%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	0.1%	TTM	0.0%	+0.1%
TTM	0.0%	YOY	-0.7%	+0.6%
TTM	0.0%	5Y	-0.8%	+0.8%
5Y	-0.8%	10Y	-0.8%	0.0%

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	0.1%	3.0%	-2.9%
TTM	0.0%	2.9%	-2.9%
YOY	-0.7%	3.0%	-3.7%
5Y	-0.8%	2.5%	-3.3%
10Y	-0.8%	2.4%	-3.2%

Shows how efficient Efficient E Solutions Bhd is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Specialty Business Services industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Efficient E Solutions Bhd is 0.1%. This means Efficient E Solutions Bhd generated RM0.00 for each RM1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Specialty Business Services industry is 3.0%.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if Efficient E Solutions Bhd existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Efficient E Solutions Bhd

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Efficient E Solutions Bhd = 72
Shareholders equity (balance sheet) MRQ Efficient E Solutions Bhd = 120,578
72 / 120,578 = 0.00 or 0.1%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Efficient E Solutions Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Efficient E Solutions Bhd is operating .

Measures how much profit Efficient E Solutions Bhd makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
An Operating Margin of 0.0% means the company generated RM0.00 for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Efficient E Solutions Bhd:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	-	0.0%
TTM	-	YOY	-	0.0%
TTM	-	5Y	-38.5%	+38.5%
5Y	-38.5%	10Y	-38.5%	0.0%

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	-	4.7%	-4.7%
TTM	-	5.0%	-5.0%
YOY	-	4.9%	-4.9%
5Y	-38.5%	4.2%	-42.7%
10Y	-38.5%	4.6%	-43.1%

Measures how efficient Efficient E Solutions Bhd is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Efficient E Solutions Bhd is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Efficient E Solutions Bhd is 0.0%. This means that Efficient E Solutions Bhd earned RM0.00 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Specialty Business Services industry is 4.7%.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Efficient E Solutions Bhd

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Efficient E Solutions Bhd = -280
Total revenue MRQ Efficient E Solutions Bhd = 6,234
RM-280 / RM6,234 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Efficient E Solutions Bhd is keeping operating costs low.

Below 1 is considered healthy (always compare to Specialty Business Services industry mean).
An Operation Ratio of 1.63 means that the operating costs are RM1.63 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Efficient E Solutions Bhd:

The MRQ is 1.630. The company is inefficient in keeping operating costs low. -1
The TTM is 1.788. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	1.630	TTM	1.788	-0.158
TTM	1.788	YOY	2.018	-0.230
TTM	1.788	5Y	2.690	-0.902
5Y	2.690	10Y	2.690	0.000

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	1.630	1.051	+0.579
TTM	1.788	1.089	+0.699
YOY	2.018	1.141	+0.877
5Y	2.690	1.103	+1.587
10Y	2.690	1.039	+1.651

Measures how efficient Efficient E Solutions Bhd is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Efficient E Solutions Bhd is 163.0%. This means that Efficient E Solutions Bhd earned RM1.63 for each RM1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Specialty Business Services industry is 1.05.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Efficient E Solutions Bhd

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(3,647 +6,515) \ 6,234 = 1.63

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Efficient E Solutions Bhd.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Efficient E Solutions Bhd is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Specialty Business Services industry mean).
A Current Ratio of 5.00 means the company has RM5.00 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Efficient E Solutions Bhd:

The MRQ is 5.002. The company is very able to pay all its short-term debts. +2
The TTM is 5.453. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	5.002	TTM	5.453	-0.451
TTM	5.453	YOY	15.693	-10.241
TTM	5.453	5Y	24.803	-19.350
5Y	24.803	10Y	24.803	0.000

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	5.002	1.355	+3.647
TTM	5.453	1.370	+4.083
YOY	15.693	1.352	+14.341
5Y	24.803	1.470	+23.333
10Y	24.803	1.493	+23.310

Measures if Efficient E Solutions Bhd is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Specialty Business Services industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Efficient E Solutions Bhd if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Efficient E Solutions Bhd is 5.00. This means Efficient E Solutions Bhd has RM5.00 in assets for each RM1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Specialty Business Services industry is 1.36.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Efficient E Solutions Bhd

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
49,342 \ 9,865) = 5.00

The current ratio measures if Efficient E Solutions Bhd is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Efficient E Solutions Bhd is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Efficient E Solutions Bhd does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Efficient E Solutions Bhd is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Efficient E Solutions Bhd is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
A Quick Ratio of 2.90 means the company can pay off RM2.90 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Efficient E Solutions Bhd:

The MRQ is 2.901. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 6.527. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	2.901	TTM	6.527	-3.626
TTM	6.527	YOY	27.445	-20.918
TTM	6.527	5Y	30.984	-24.457
5Y	30.984	10Y	30.984	0.000

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	2.901	0.844	+2.057
TTM	6.527	0.881	+5.646
YOY	27.445	0.928	+26.517
5Y	30.984	1.025	+29.959
10Y	30.984	1.005	+29.979

Measures if Efficient E Solutions Bhd is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Efficient E Solutions Bhd can pay off its short term debts. This shows if Efficient E Solutions Bhd can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Efficient E Solutions Bhd is 2.90. This means that Efficient E Solutions Bhd can pay off RM2.90 for each RM1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Specialty Business Services industry is 0.84.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Efficient E Solutions Bhd

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Efficient E Solutions Bhd: ( + 24,974 +3,649) / 9,865 = 2.90

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Efficient E Solutions Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Efficient E Solutions Bhd assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Efficient E Solutions Bhd to Specialty Business Services industry mean.
A Debt to Asset Ratio of 0.09 means that Efficient E Solutions Bhd assets are financed with 8.6% credit (debt) and the remaining percentage (100% - 8.6%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Efficient E Solutions Bhd:

The MRQ is 0.086. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.082. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.086	TTM	0.082	+0.005
TTM	0.082	YOY	0.032	+0.050
TTM	0.082	5Y	0.034	+0.047
5Y	0.034	10Y	0.034	0.000

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	0.086	0.586	-0.500
TTM	0.082	0.586	-0.504
YOY	0.032	0.595	-0.563
5Y	0.034	0.564	-0.530
10Y	0.034	0.564	-0.530

Measures how much % of Efficient E Solutions Bhd assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Efficient E Solutions Bhd than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Efficient E Solutions Bhd to Specialty Business Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Efficient E Solutions Bhd is 0.09. This means means that Efficient E Solutions Bhd is financed with 8.6% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Specialty Business Services industry is 135.5%.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Efficient E Solutions Bhd has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Efficient E Solutions Bhd

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
11,418 \ 132,174 = 8.6% or 0.09.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Efficient E Solutions Bhd is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
A Debt to Equity ratio of 9.5% means that company has RM0.09 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Efficient E Solutions Bhd:

The MRQ is 0.095. The company is very able to pay all its debts with equity. +2
The TTM is 0.089. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.095	TTM	0.089	+0.005
TTM	0.089	YOY	0.033	+0.056
TTM	0.089	5Y	0.037	+0.053
5Y	0.037	10Y	0.037	0.000

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	0.095	1.342	-1.247
TTM	0.089	1.342	-1.253
YOY	0.033	1.335	-1.302
5Y	0.037	1.289	-1.252
10Y	0.037	1.320	-1.283

Measures if Efficient E Solutions Bhd is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Efficient E Solutions Bhd is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Efficient E Solutions Bhd is 0.09. This means that Efficient E Solutions Bhd can pay off RM0.09 for each RM1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Specialty Business Services industry is 1.34.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Efficient E Solutions Bhd

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
11,418 \ 120,578 = 0.09 or 9.5%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Efficient E Solutions Bhd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings Efficient E Solutions Bhd generates.

Above 15 is considered overpriced but always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
A PE ratio of 1,969.12 means the investor is paying RM1,969.12 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Efficient E Solutions Bhd:

The EOD is 1,969.122. Seems overpriced? -1
The MRQ is 1,969.122. Seems overpriced? -1
The TTM is 416.520. Seems overpriced? -1

Trends

Current period		Compared to		+/-
EOD	1,969.122	MRQ	1,969.122	0.000
MRQ	1,969.122	TTM	416.520	+1,552.602
TTM	416.520	YOY	-1,761.762	+2,178.282
TTM	416.520	5Y	-150.555	+567.075
5Y	-150.555	10Y	-150.555	0.000

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
EOD	1,969.122	13.235	+1,955.887
MRQ	1,969.122	14.027	+1,955.095
TTM	416.520	14.284	+402.236
YOY	-1,761.762	15.928	-1,777.690
5Y	-150.555	20.044	-170.599
10Y	-150.555	21.277	-171.832

Measures how much money you pay for each share for every RM1 in earnings Efficient E Solutions Bhd generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Efficient E Solutions Bhd to the Specialty Business Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Efficient E Solutions Bhd is 1,969.12. This means the investor is paying RM1,969.12 for every RM1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Specialty Business Services industry is 14.03.
What is the trend?
The trend is important because it shows you how Efficient E Solutions Bhd is performing over time. The most recent quarter might be important if Efficient E Solutions Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Efficient E Solutions Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Efficient E Solutions Bhd

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
\ 709,130 = EPS
PE ratio MRQ = 1,969.12

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Efficient E Solutions Bhd.

Lower is better.
A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Efficient E Solutions Bhd:

The MRQ is 33,135.657. Seems overpriced? -1
The TTM is 8,214.385. Seems overpriced? -1

Trends

Current period		Compared to		+/-
MRQ	33,135.657	TTM	8,214.385	+24,921.272
TTM	8,214.385	YOY	-902.002	+9,116.387
TTM	8,214.385	5Y	1,982.452	+6,231.933
5Y	1,982.452	10Y	1,982.452	0.000

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
MRQ	33,135.657	13.341	+33,122.316
TTM	8,214.385	17.579	+8,196.806
YOY	-902.002	29.400	-931.402
5Y	1,982.452	54.499	+1,927.953
10Y	1,982.452	93.795	+1,888.657

PEG Ratio	Meaning
0.5	You can buy the stock cheap based on future growth
1	You pay a fair price based on future growth
2	The stock is overpriced based on future growth

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Efficient E Solutions Bhd is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Specialty Business Services industry mean).
A PB ratio of 1.17 means the investor is paying RM1.17 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Efficient E Solutions Bhd:

The EOD is 1.174. Good. +1
The MRQ is 1.174. Good. +1
The TTM is 1.100. Good. +1

Trends

Current period		Compared to		+/-
EOD	1.174	MRQ	1.174	0.000
MRQ	1.174	TTM	1.100	+0.075
TTM	1.100	YOY	1.152	-0.052
TTM	1.100	5Y	1.020	+0.080
5Y	1.020	10Y	1.020	0.000

Compared to industry (Specialty Business Services)

Period	Company	Industry (mean)	+/-
EOD	1.174	1.859	-0.685
MRQ	1.174	1.925	-0.751
TTM	1.100	1.941	-0.841
YOY	1.152	2.159	-1.007
5Y	1.020	2.110	-1.090
10Y	1.020	2.199	-1.179

2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Efficient E Solutions Bhd compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	0.000	0.000	+534%	-0.001	+418%	0.010	-96%	0.010	-96%
Book Value Growth	-	-	1.002	1.000	+0%	0.993	+1%	0.993	+1%	0.993	+1%
Book Value Per Share	-	-	0.170	0.169	+1%	0.171	-1%	0.177	-4%	0.177	-4%
Book Value Per Share Growth	-	-	1.002	1.000	+0%	0.993	+1%	0.993	+1%	0.993	+1%
Current Ratio	-	-	5.002	5.453	-8%	15.693	-68%	24.803	-80%	24.803	-80%
Debt To Asset Ratio	-	-	0.086	0.082	+6%	0.032	+173%	0.034	+151%	0.034	+151%
Debt To Equity Ratio	-	-	0.095	0.089	+6%	0.033	+189%	0.037	+159%	0.037	+159%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	0.000	0.000	+112%	-0.001	+1208%	-0.001	+1496%	-0.001	+1496%
Eps Growth	-	-	0.059	1.834	-97%	-10.982	+18580%	-4.479	+7637%	-4.479	+7637%
Free Cash Flow Per Share	-	-	0.003	-0.001	+119%	-0.001	+143%	-0.002	+169%	-0.002	+169%
Free Cash Flow Per Share Growth	-	-	4.243	2.096	+102%	0.494	+758%	0.795	+434%	0.795	+434%
Free Cash Flow To Equity Per Share	-	-	0.003	-0.001	+121%	-0.001	+145%	-0.002	+170%	-0.002	+170%
Free Cash Flow To Equity Per Share Growth	-	-	4.979	2.271	+119%	0.458	+988%	0.840	+492%	0.840	+492%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	-0.197	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-0.203	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-0.005	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.008	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-0.026	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-0.035	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-0.061	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-0.074	-	-	-	-	-	-	-	-
Net Profit Margin	-	-	0.012	-0.042	+461%	-0.397	+3538%	-0.935	+8189%	-0.935	+8189%
Operating Margin	-	-	-	-	0%	-	0%	-0.385	0%	-0.385	0%
Operating Ratio	-	-	1.630	1.788	-9%	2.018	-19%	2.690	-39%	2.690	-39%
Pb Ratio	1.174	0%	1.174	1.100	+7%	1.152	+2%	1.020	+15%	1.020	+15%
Pe Ratio	1969.122	0%	1969.122	416.520	+373%	-1761.762	+189%	-150.555	+108%	-150.555	+108%
Peg Ratio	-	-	33135.657	8214.385	+303%	-902.002	+103%	1982.452	+1571%	1982.452	+1571%
Price Per Share	0.200	0%	0.200	0.186	+7%	0.198	+1%	0.180	+11%	0.180	+11%
Price To Total Gains Ratio	564.461	0%	564.461	61.910	+812%	-1762.494	+412%	-234.708	+142%	-234.708	+142%
Profit Growth	-	-	0.059	1.834	-97%	-10.982	+18580%	-4.478	+7636%	-4.478	+7636%
Quick Ratio	-	-	2.901	6.527	-56%	27.445	-89%	30.984	-91%	30.984	-91%
Return On Assets	-	-	0.001	0.000	+107%	-0.006	+1272%	-0.008	+1514%	-0.008	+1514%
Return On Equity	-	-	0.001	0.000	+116%	-0.007	+1199%	-0.008	+1417%	-0.008	+1417%
Revenue Growth	-	-	1.214	1.343	-10%	1.333	-9%	1.268	-4%	1.268	-4%
Total Gains Per Share	-	-	0.000	0.000	+534%	-0.001	+418%	0.010	-96%	0.010	-96%
Total Gains Per Share Growth	-	-	0.209	1.910	-89%	-10.988	+5359%	-4.597	+2300%	-4.597	+2300%
Usd Book Value	-	-	26397324.775	26249019.595	+1%	26583809.922	-1%	27423770.501	-4%	27423770.501	-4%
Usd Book Value Change Per Share	-	-	0.000	0.000	+534%	0.000	+418%	0.002	-96%	0.002	-96%
Usd Book Value Per Share	-	-	0.037	0.037	+1%	0.037	-1%	0.039	-4%	0.039	-4%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	0.000	0.000	+112%	0.000	+1208%	0.000	+1496%	0.000	+1496%
Usd Free Cash Flow	-	-	484442.739	-92184.768	+119%	-209892.124	+143%	-335721.752	+169%	-335721.752	+169%
Usd Free Cash Flow Per Share	-	-	0.001	0.000	+119%	0.000	+143%	0.000	+169%	0.000	+169%
Usd Free Cash Flow To Equity Per Share	-	-	0.001	0.000	+121%	0.000	+145%	0.000	+170%	0.000	+170%
Usd Price Per Share	0.044	0%	0.044	0.041	+7%	0.043	+1%	0.039	+11%	0.039	+11%
Usd Profit	-	-	15744.665	-1954.011	+112%	-174444.986	+1208%	-219970.159	+1497%	-219970.159	+1497%
Usd Revenue	-	-	1362850.770	1137273.058	+20%	667463.403	+104%	549591.415	+148%	549591.415	+148%
Usd Total Gains Per Share	-	-	0.000	0.000	+534%	0.000	+418%	0.002	-96%	0.002	-96%
	EOD	+0 -0	MRQ	TTM	+26 -12	YOY	+26 -12	5Y	+22 -16	10Y	+22 -16

3.2. Fundamental Score

Let's check the fundamental score of Efficient E Solutions Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	1,969.122
Price to Book Ratio (EOD)	Between	0-1	1.174
Net Profit Margin (MRQ)	Greater than	0	0.012
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	2.901
Current Ratio (MRQ)	Greater than	1	5.002
Debt to Asset Ratio (MRQ)	Less than	1	0.086
Debt to Equity Ratio (MRQ)	Less than	1	0.095
Return on Equity (MRQ)	Greater than	0.15	0.001
Return on Assets (MRQ)	Greater than	0.05	0.001
Total			5/10 (50.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

3.3. Technical Score

Let's check the technical score of Efficient E Solutions Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	66.722
Ma 20	Greater than	Ma 50	0.182
Ma 50	Greater than	Ma 100	0.192
Ma 100	Greater than	Ma 200	0.193
Open	Greater than	Close	0.200
Total			2/5 (40.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2022-03-31		2022-06-30		2022-09-30		2022-12-31		2023-03-31
Income before Tax		-1,134	289	-845	415	-429	-259	-689	837	149

Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in MYR. All numbers in thousands.

Summary

Total Assets	132,174
Total Liabilities	11,418
Total Stockholder Equity	120,578

	As reported
Total Liabilities	11,418
Total Stockholder Equity	+ 120,578
Total Assets	= 132,174

Assets

Total Assets	132,174
Total Current Assets	49,342
Long-term Assets	49,342

Total Current Assets

Total Current Assets (as reported)	49,342
Cash And Cash Equivalents	17,534
Short-term Investments	24,974
Net Receivables	3,649
Inventory	173
Total Current Assets (calculated)	46,330
+/-	3,012

Long-term Assets

Long-term Assets (as reported)	82,832
Goodwill	5,733
Intangible Assets	659
Long-term Assets (calculated)	6,391
+/-	76,441

Liabilities & Shareholders' Equity

Total Current Liabilities	9,865
Long-term Liabilities	1,553
Total Stockholder Equity	120,578

Total Current Liabilities

Total Current Liabilities (as reported)	9,865
Accounts payable	655
Total Current Liabilities (calculated)	655
+/-	9,210

Long-term Liabilities

Long-term Liabilities (as reported)	1,553
Capital Lease Obligations Min Short Term Debt	281
Long-term Liabilities Other	1,403
Long-term Liabilities (calculated)	1,684
+/-	131

Total Stockholder Equity

Total Stockholder Equity (as reported)	120,578
Retained Earnings	45,015
Total Stockholder Equity (calculated)	45,015
+/-	75,563

Other

Capital Stock	75,547
Common Stock Shares Outstanding	709,130
Net Invested Capital	120,578
Net Working Capital	39,477

Balance Sheet

Currency in MYR. All numbers in thousands.

Trend

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

> Total Assets

137,637
135,411
134,193
131,987
130,318
130,078
129,024
128,478
125,971
125,263
125,054
127,666
124,369
130,266
131,765
128,919
132,174

132,174

128,919

131,765

130,266

124,369

127,666

125,054

125,263

125,971

128,478

129,024

130,078

130,318

131,987

134,193

135,411

137,637

> Total Current Assets

61,050
59,199
57,788
57,616
56,167
56,337
55,577
55,557
52,952
52,348
52,410
54,618
51,946
58,024
56,474
52,273
49,342

49,342

52,273

56,474

58,024

51,946

54,618

52,410

52,348

52,952

55,557

55,577

56,337

56,167

57,616

57,788

59,199

61,050

Cash And Cash Equivalents

50,633
49,181
2,850
3,076
3,074
5,466
5,580
5,555
5,538
5,549
5,250
13,941
10,219
16,918
18,937
20,564
17,534

17,534

20,564

18,937

16,918

10,219

13,941

5,250

5,549

5,538

5,555

5,580

5,466

3,074

3,076

2,850

49,181

50,633

Short-term Investments

8,198
8,151
53,340
52,345
50,867
48,858
47,672
47,380
44,691
44,472
43,641
37,379
37,171
29,310
24,788
23,998
24,974

24,974

23,998

24,788

29,310

37,171

37,379

43,641

44,472

44,691

47,380

47,672

48,858

50,867

52,345

53,340

8,151

8,198

Net Receivables

533
487
399
1,239
754
828
1,314
1,573
719
590
1,652
1,573
1,966
4,421
8,529
4,331
3,649

3,649

4,331

8,529

4,421

1,966

1,573

1,652

590

719

1,573

1,314

828

754

1,239

399

487

533

> Long-term Assets

76,588
76,213
76,405
74,371
74,152
73,741
73,447
72,921
73,019
72,915
72,644
73,049
72,424
72,242
75,290
76,646
82,832

82,832

76,646

75,290

72,242

72,424

73,049

72,644

72,915

73,019

72,921

73,447

73,741

74,152

74,371

76,405

76,213

76,588

Property Plant Equipment

0
0
0
28,021
27,769
27,429
27,196
26,908
27,192
27,256
27,017
26,770
26,593
26,391
29,540
28,451
0

28,451

29,540

26,391

26,593

26,770

27,017

27,256

27,192

26,908

27,196

27,429

27,769

28,021

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,733

5,733

Intangible Assets

568
0
497
0
0
150
150
150
150
150
150
150
150
150
150
150
659

659

150

497

568

Long-term Assets Other

76,588
76,213
76,405
0
0
0
0
0
0
0
0
0
0
0
0
0
0

76,405

76,213

76,588

> Total Liabilities

1,435
937
1,327
2,583
1,854
1,582
1,903
3,364
2,181
2,915
3,297
5,932
3,772
10,518
12,462
8,414
11,418

11,418

8,414

12,462

10,518

3,772

5,932

3,297

2,915

2,181

3,364

1,903

1,582

1,854

2,583

1,327

937

1,435

> Total Current Liabilities

1,366
878
1,275
2,286
1,591
1,343
1,664
3,183
2,012
2,598
2,980
5,528
3,427
10,236
12,180
8,037
9,865

9,865

8,037

12,180

10,236

3,427

5,528

2,980

2,598

2,012

3,183

1,664

1,343

1,591

2,286

1,275

878

1,366

Accounts payable

460
52
98
233
32
78
164
459
163
247
202
747
556
3,379
5,564
679
655

655

679

5,564

3,379

556

747

202

247

163

459

164

233

460

> Long-term Liabilities

69
59
52
92
70
69
68
34
18
143
143
223
165
103
104
209
1,553

1,553

209

104

103

165

223

143

Long term Debt Total

0
0
0
0
0
0
27
27
12
138
138
138
91
9
91
186
0

186

138

> Total Stockholder Equity

135,955
134,257
132,657
129,404
128,464
128,497
127,122
125,113
123,790
122,348
121,757
121,734
120,598
119,748
119,302
120,505
120,578

120,578

120,505

119,302

119,748

120,598

121,734

121,757

122,348

123,790

125,113

127,122

128,497

128,464

129,404

132,657

134,257

135,955

Common Stock

0
0
0
75,547
75,547
75,547
75,547
75,547
75,547
75,547
75,547
75,547
75,547
75,547
75,547
75,547
0

75,547

Retained Earnings

60,409
58,710
57,110
53,858
52,918
52,950
51,575
49,567
48,243
46,802
46,210
46,188
45,051
44,200
43,731
44,943
45,015

45,015

44,943

43,731

44,200

45,051

46,188

46,210

46,802

48,243

49,567

51,575

52,950

52,918

53,858

57,110

58,710

60,409

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
1
25
15
0

Balance Sheet

Currency in MYR. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31
Accounts Payable	679	747	459	233	35	13	936
Capital Lease Obligations	261	60	49	80	0	325	-
Capital Stock	75,547	75,547	75,547	75,547	75,547	-	-
Capital Surpluse	-	-	-	-	0	0	4,634
Cash	20,564	13,941	5,555	3,076	3,409	6,805	11,286
Cash And Short Term Investments	44,563	51,320	52,935	55,421	59,946	65,048	64,492
Common Stock	75,547	75,547	75,547	75,547	75,547	75,547	70,913
Common Stock Shares Outstanding	709,130	709,130	709,130	709,130	709,130	709,130	709,130
Good Will	0	0	0	0	320	320	-
Intangible Assets	150	150	150	0	603	431	-
Inventory	-	-	-	-	-	-	0
Liabilities And Stockholders Equity	128,919	127,666	128,478	131,987	139,480	147,938	149,819
Long Term Debt	-	-	-	-	-	-	305
Long Term Debt Total	186	138	27	49	0	138	305
Net Invested Capital	120,502	121,734	125,113	129,404	137,669	145,259	-
Net Receivables	4,331	1,573	1,573	1,239	649	758	1,041
Net Working Capital	44,244	49,089	52,374	55,330	60,274	66,019	-
Non Current Assets Total	76,646	73,049	72,921	74,371	77,742	79,828	79,844
Non Current Liabilities Total	209	223	34	92	79	254	332
Non Currrent Assets Other	-	-	-	-	77,742	79,828	79,844
Other Assets	1,907	-	-	-	-	-	-
Other Stockholder Equity	15	-	-	-	-	-	-
Property Plant Equipment	28,451	26,770	26,908	28,021	29,813	31,014	31,315
Retained Earnings	44,943	46,188	49,567	53,858	62,122	69,712	72,758
Short Long Term Debt	-	-	-	-	-	-	245
Short Long Term Debt Total	-	-	27	49	-	138	305
Short Term Debt	-	0	0	0	0	0	0
Short Term Investments	23,998	37,379	47,380	52,345	56,537	58,244	53,206
Total Assets	128,919	127,666	128,478	131,987	139,480	147,938	149,819
Total Current Assets	52,273	54,618	55,557	57,616	61,738	68,110	69,975
Total Current Liabilities	8,037	5,528	3,183	2,286	1,464	2,091	1,182
Total Liab	8,414	5,932	3,364	2,583	1,811	2,679	1,514
Total Stockholder Equity	120,505	121,734	125,113	129,404	137,669	145,259	148,305

	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31
Accounts Payable	655	679	5,564	3,379	556	747	202	247	163	459	164	78	32	233	98	52	460
Capital Lease Obligations	281	261	161	96	177	60	210	225	58	49	57	65	72	80	11	15	-
Capital Stock	75,547	75,547	75,547	75,547	75,547	75,547	75,547	75,547	-	-	-	-	-	-	-	-	-
Cash	17,534	20,564	18,937	16,918	10,219	13,941	5,250	5,549	5,538	5,555	5,580	5,466	3,074	3,076	2,850	49,181	50,633
Cash And Short Term Investments	-	44,563	43,725	46,228	47,390	51,320	48,890	50,021	50,229	52,935	53,252	54,324	53,941	55,421	-	-	-
Common Stock	-	75,547	75,547	75,547	75,547	75,547	75,547	75,547	75,547	75,547	75,547	75,547	75,547	75,547	-	-	-
Common Stock Shares Outstanding	709,130	709,130	709,130	709,130	709,130	709,130	709,130	709,130	709,130	709,130	709,130	709,130	709,130	709,130	695,418	707,723	713,989
Good Will	5,733	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-
Intangible Assets	659	150	150	150	150	150	150	150	150	150	150	150	-	-	497	-	568
Inventory	173	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities And Stockholders Equity	-	128,919	131,765	130,266	124,369	127,666	125,054	125,263	125,971	-	-	-	-	-	-	-	-
Long Term Debt Total	-	186	91	9	91	138	138	138	12	27	27	-	-	-	-	-	-
Net Invested Capital	120,578	120,502	119,302	119,748	120,598	121,734	121,757	122,348	123,790	125,113	127,122	128,497	128,464	-	-	-	-
Net Receivables	3,649	4,331	8,529	4,421	1,966	1,573	1,652	590	719	1,573	1,314	828	754	1,239	399	487	533
Net Working Capital	39,477	44,244	44,295	47,788	48,519	49,089	49,430	49,750	50,940	52,374	53,913	54,994	54,576	-	-	-	-
Non Current Assets Total	82,832	76,646	75,290	72,242	72,424	73,049	72,644	72,915	73,019	72,921	73,447	73,741	74,152	74,371	76,405	76,213	76,588
Non Current Liabilities Other	1,403	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	1,553	209	104	103	165	223	143	143	18	34	68	69	70	92	52	59	69
Non Currrent Assets Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76,405	76,213	76,588
Other Assets	-	1,907	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Stockholder Equity	-	15	25	1	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant Equipment	-	28,451	29,540	26,391	26,593	26,770	27,017	27,256	27,192	26,908	27,196	27,429	27,769	28,021	-	-	-
Retained Earnings	45,015	44,943	43,731	44,200	45,051	46,188	46,210	46,802	48,243	49,567	51,575	52,950	52,918	53,858	57,110	58,710	60,409
Short Long Term Debt Total	-	-	-	-	-	-	138	138	12	27	27	27	27	49	-	-	-
Short Term Debt	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-
Short Term Investments	24,974	23,998	24,788	29,310	37,171	37,379	43,641	44,472	44,691	47,380	47,672	48,858	50,867	52,345	53,340	8,151	8,198
Total Assets	132,174	128,919	131,765	130,266	124,369	127,666	125,054	125,263	125,971	128,478	129,024	130,078	130,318	131,987	134,193	135,411	137,637
Total Current Assets	49,342	52,273	56,474	58,024	51,946	54,618	52,410	52,348	52,952	55,557	55,577	56,337	56,167	57,616	57,788	59,199	61,050
Total Current Liabilities	9,865	8,037	12,180	10,236	3,427	5,528	2,980	2,598	2,012	3,183	1,664	1,343	1,591	2,286	1,275	878	1,366
Total Liab	11,418	8,414	12,462	10,518	3,772	5,932	3,297	2,915	2,181	3,364	1,903	1,582	1,854	2,583	1,327	937	1,435
Total Stockholder Equity	120,578	120,505	119,302	119,748	120,598	121,734	121,757	122,348	123,790	125,113	127,122	128,497	128,464	129,404	132,657	134,257	135,955

Cash Flow

Currency in MYR. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31
Begin Period Cash Flow	36,585	29,082	24,039	50,900	56,320	54,241	-
Capital Expenditures	3,466	1,024	35	695	1,592	1,655	3,052
Change In Cash	168	7,503	5,043	-4,418	-5,420	2,079	-30,216
Change In Working Capital	-1,608	1,434	13	344	763	2,219	-9,106
Change To Inventory	-	-	-	-	-	-	0
Depreciation	1,089	1,701	1,669	1,809	2,196	1,668	1,386
Dividends Paid	-	-	-	-	-	-	12,055
End Period Cash Flow	36,754	36,585	29,082	24,039	51,750	56,320	54,241
Free Cash Flow	-8,049	-2,650	-5,351	-6,960	-6,819	-3,471	-
Investments	5,153	9,186	10,392	-20,360	987	4,137	-4,089
Net Income	-3,097	-3,257	-4,298	-8,317	-7,642	-2,982	-9,827
Other Cashflows From Financing Activities	-8	-6	-3	-2	-855	-19	0
Other Cashflows From Investing Activities	8,280	10,210	10,427	2,562	2,579	5,793	-1,037
Other Non Cash Items	-689	-698	-1,160	-1,620	-1,776	-1,962	-
Total Cash From Financing Activities	-77	-56	-33	-21	-1,181	-243	-12,055
Total Cash From Operating Activities	-4,586	-1,627	-5,316	-6,264	-5,227	-1,815	-14,072
Total Cashflows From Investing Activities	4,814	9,186	10,392	1,867	987	4,137	-4,089

	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31
Begin Period Cash Flow	36,754	32,410	22,550	21,072	36,585	39,952	36,894	30,634	29,082	46,185	47,357	45,765	47,331	48,144	-	-	-
Capital Expenditures	478	3,127	3,575	139	86	1,024	1,024	646	504	35	31	16	16	695	502	52	35
Change In Cash	-2,133	168	-4,175	-14,312	-15,513	7,503	7,503	7,812	1,552	5,043	-1,146	26	-1,566	-4,418	-1,036	-1,452	-1,117
Change In Working Capital	2,674	-1,986	-2,545	-3,972	-3,197	1,434	1,434	-359	-1,298	13	-770	-783	-750	344	-	-	-
Depreciation	476	1,089	822	535	263	1,701	1,017	493	236	1,669	753	505	268	1,809	652	671	806
End Period Cash Flow	34,639	36,754	32,410	22,550	21,072	36,585	39,952	36,894	30,634	29,082	46,185	47,357	45,765	24,039	48,144	-	-
Free Cash Flow	2,216	522	-2,751	-1,674	-4,146	2,048	-1,345	-397	-2,956	-633	-1,416	-1,354	-1,948	-	-	-	-
Investments	-4,845	4,305	9,445	2,839	-11,435	-5,752	4,400	6,526	4,012	6,827	237	2,954	374	-21,494	-85	354	865
Net Income	72	-3,097	-2,408	-1,979	-1,134	-3,257	-3,257	-2,736	-1,318	-4,298	-2,300	-929	-942	-8,317	-1,599	-1,699	-1,714
Other Cashflows From Financing Activities	-	-8	-6	-4	-2	-6	-6	-2	-1	-3	-2	-1	-1	-2	-	-	-
Other Cashflows From Investing Activities	-	8,280	4,424	-8,457	-11,349	10,210	10,210	11,184	4,516	10,427	3,596	3,344	390	2,562	-	-	-
Other Non Cash Items	-194	-170	-167	-172	-179	-165	-169	-169	-195	-210	-252	-316	-381	-	-	-	-
Total Cash From Financing Activities	-	-77	-55	-36	-18	-56	-56	-20	-8	-33	-25	-17	-8	-21	-	-	-
Total Cash From Operating Activities	2,694	-4,922	-4,996	-5,680	-4,060	-1,627	-1,627	-2,707	-2,452	-5,316	-4,686	-3,286	-1,932	-6,264	-947	-1,797	-1,982
Total Cashflows From Investing Activities	-	5,153	849	-8,596	-11,435	9,186	9,186	10,538	4,012	10,392	3,565	3,328	374	1,867	-	-	-

Income Statement

Currency in MYR. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31
Cost Of Revenue	12,042	5,085	1,780	2,347	2,689	1,389	1,149
Ebit	-	-	-	-5,683	-4,493	-369	-7,561
Ebitda	-1,301	-1,550	-2,627	-5,683	-4,493	-369	-
Extraordinary Items	-	-	-	-	-	-	0
Gross Profit	6,850	4,561	2,230	1,610	1,056	1,910	1,715
Income Before Tax	-3,097	-3,257	-4,298	-8,317	-7,642	-2,982	-9,827
Interest Expense	8	6	3	2	5	0	0
Interest Income	1,164	1,171	1,685	2,189	798	762	699
Minority Interest	2	-33	57	64	66	14	-
Net Income	-1,245	-3,379	-4,291	-8,264	-7,590	-3,046	-9,947
Net Income Applicable To Common Shares	-1,245	-3,379	-4,291	-8,264	-7,590	-3,046	-9,947
Net Income From Continuing Ops	-1,247	-3,346	-4,348	-8,328	-7,656	-3,060	-9,947
Net Interest Income	689	698	1,160	-2	-5	-19	0
Operating Income	-4,261	-4,429	-5,983	-10,506	-8,440	-3,744	-10,526
Reconciled Depreciation	1,787	1,701	1,669	2,632	3,144	2,595	-
Selling General Administrative	12,969	10,758	11,261	14,015	13,174	10,027	16,257
Tax Provision	-1,850	89	50	11	14	78	120
Total Operating Expenses	23,153	14,075	9,993	11,738	12,185	7,043	13,390
Total Revenue	18,892	9,647	4,010	3,957	3,745	3,299	2,864

	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31
Cost Of Revenue	3,647	2,594	5,385	1,176	2,887	2,380	1,133	549	1,023	497	402	370	510	810	464	462	612
Ebit	-	-	-	-	-	-	-	-	-	-	-957	416	-505	-2,748	-950	-1,060	-925
Ebitda	627	-229	28	-401	-698	425	-75	-989	-910	-1,581	-957	416	-505	-	-	-	-
Gross Profit	2,588	2,539	1,610	1,271	1,430	1,635	1,425	775	727	204	524	861	641	629	395	364	223
Income Before Tax	149	-689	-429	-845	-1,134	-11	-510	-1,418	-1,318	-1,998	-1,371	13	-942	-3,253	-1,602	-1,731	-1,731
Interest Expense	3	3	2	2	2	2	0	1	1	1	1	1	1	4	0	0	0
Interest Income	197	232	235	362	336	360	308	173	330	340	353	411	582	320	392	384	458
Minority Interest	0	0	1	1	1	-6	-2	-22	-4	23	0	-	-	-	-	-	-
Net Income	72	1,212	-470	-850	-1,137	-23	-591	-1,441	-1,324	-2,008	-1,375	32	-940	-3,253	-1,599	-1,699	-1,714
Net Income Applicable To Common Shares	-	1,212	-470	-850	-1,137	-23	-591	-1,441	-1,324	-2,008	-1,375	32	-940	-3,253	-	-	-
Net Income From Continuing Ops	72	1,212	-471	-851	-1,137	-17	-590	-1,420	-1,320	-2,031	-1,374	8	-951	-3,257	-1,609	-1,728	-1,735
Net Interest Income	194	170	167	172	179	165	169	169	195	210	252	316	381	-1,235	392	384	458
Operating Income	-280	-921	-664	-1,206	-1,469	-371	-817	-1,591	-1,648	-2,338	-1,723	-398	-1,524	-3,573	-2,330	-2,335	-2,268
Reconciled Depreciation	476	457	455	441	433	434	432	428	408	417	414	402	436	-	-	-	-
Selling General Administrative	3,334	3,741	3,049	2,873	3,307	2,587	2,638	2,766	2,768	3,105	2,588	2,893	2,674	3,580	3,193	3,171	2,964
Tax Provision	77	-1,901	41	6	4	6	80	1	1	33	4	5	9	4	6	-3	4
Total Operating Expenses	6,515	6,054	7,659	3,654	5,786	4,386	3,376	2,915	3,398	3,039	2,650	1,629	2,675	2,286	3,188	3,160	3,103
Total Revenue	6,234	5,134	6,995	2,447	4,317	4,014	2,559	1,324	1,750	701	926	1,231	1,151	1,439	858	825	835

Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue	18,892
Cost of Revenue	-12,042
Gross Profit	6,850	6,850

Operating Income (+$)
Gross Profit	6,850
Operating Expense	-23,153
Operating Income	-4,261	-16,303

Operating Expense (+$)
Research Development	-
Selling General Administrative	12,969
Selling And Marketing Expenses	-
Operating Expense	23,153	12,969

Net Interest Income (+$)
Interest Income	1,164
Interest Expense	-8
Other Finance Cost	-467
Net Interest Income	689

Pretax Income (+$)
Operating Income	-4,261
Net Interest Income	689
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	-3,097	-4,261 EBIT - interestExpense = -8 -1,245 -1,236
Interest Expense	8
Earnings Before Interest and Taxes (EBIT)	-	-3,088
Earnings Before Interest and Taxes (EBITDA)	-1,301

After tax Income (+$)
Income Before Tax	-3,097
Tax Provision	--1,850
Net Income From Continuing Ops	-1,247	-1,247
Net Income	-1,245
Net Income Applicable To Common Shares	-1,245

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	-
Total Other Income/Expenses Net	-	-689

Technicals of Efficient E Solutions Bhd

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Efficient E Solutions Bhd Daily Moving Averages Chart

1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Efficient E Solutions Bhd:

The Moving Average Convergence/Divergence (MACD) is -0.002. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
The MACD is higher than the signal line. This is a bullish indication. +1

Efficient E Solutions Bhd Daily Moving Average Convergence/Divergence (MACD) Chart

1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Efficient E Solutions Bhd:

The ADX is 23.520. Absent or Weak Trend. -1
The ADX is rising, a new trend could be forming. +1
The +DI crossed the -DI to the upside. The trend is reversing to an up trend. +1

Efficient E Solutions Bhd Daily Directional Movement Index (DMI) Chart

1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

The price has crossed the Parabolic SAR to the upside. The trend is reversing to an up trend. +1

Efficient E Solutions Bhd Daily Parabolic SAR Chart

2. Momentum Indicators

2.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

The RSI is above 50. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Efficient E Solutions Bhd Daily Relative Strength Index (RSI) Chart

2.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

The Stochastic is above 50. +1
The Stochastic is above 70 and overbought. +2

Efficient E Solutions Bhd Daily Stochastic Oscillator Chart

2.3 Commodity Channel Index (CCI)

Efficient E Solutions Bhd Daily Commodity Channel Index (CCI) Chart

2.4 Chande Momentum Oscillator (CMO)

Efficient E Solutions Bhd Daily Chande Momentum Oscillator (CMO) Chart

2.5 Williams %R

Efficient E Solutions Bhd Daily Williams %R Chart

3. Volatility Indicators

3.1 Bollinger Bands

Efficient E Solutions Bhd Daily Bollinger Bands Chart

3.2 Average True Range (ATR)

Efficient E Solutions Bhd Daily Average True Range (ATR) Chart

4. Volume Indicators

4.1 On-Balance Volume (OBV)

Efficient E Solutions Bhd Daily On-Balance Volume (OBV) Chart

4.2 Money Flow Index (MFI)

Efficient E Solutions Bhd Daily Money Flow Index (MFI) Chart

5. Summary

5.1. Notifications

Type	Notification	Date
Currently no notifications for Efficient E Solutions Bhd.

5.2. Trading Signals

Date	Indicator	Entry signal	Exit signal
2023-05-19	STOCH	LONG ENTRY	SHORT CLOSE	20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE
2023-05-26	MFI	20 crossover to upside
2023-05-29	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	MFI	20 crossover to downside
2023-05-30	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE
2023-05-31	MACD	LONG ENTRY	SHORT CLOSE
	DMI	SHORT ENTRY	LONG CLOSE
	SAR	SHORT ENTRY	LONG CLOSE	price crossed sar to downside
	STOCH	SHORT ENTRY	LONG CLOSE	80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE