Ramssol Group Bhd
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I guess you are interested in Ramssol Group Bhd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's analyse Ramssol Group Bhd

Let's start. I'm going to help you getting a better view of Ramssol Group Bhd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Company's Financial Health
A deep dive into the books. How are the numbers doing? Is Ramssol Group Bhd even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
Market Valuation
Finally, you now have an insight of how Ramssol Group Bhd is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Ramssol Group Bhd. The closing price on 2022-10-04 was RM0.425 per share. Is the company over- or underpriced?
Key Performance Indicators
A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.

Ramssol Group Bhd Daily Candlestick Chart

Summary

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is 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 Ramssol Group Bhd.

1.1. Profitability

An important factor of a company's health is the profitability.

1.1.1. Net Profit Margin

Measures how much net profit Ramssol Group Bhd earns for each RM1 of revenue.

Above 10% is considered healthy but always compare Ramssol Group Bhd to the Professional Services industry mean.
A Net Profit Margin of 19.2% means that RM[indicator name=netProfitMargin&period=MRQ&percentage=1 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ramssol Group Bhd:

The MRQ is 19.2%. The company is making a huge profit. +2
The TTM is 11.8%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	19.2%	TTM	11.8%	+7.4%
TTM	11.8%	YOY	23.9%	-12.1%
TTM	11.8%	5Y	15.9%	-4.0%
5Y	15.9%	10Y	15.9%	0.0%

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	19.2%	7.1%	+12.1%
TTM	11.8%	-0.4%	+12.2%
YOY	23.9%	7.9%	+16.0%
5Y	15.9%	1.7%	+14.2%
10Y	15.9%	1.7%	+14.2%

Measures how much net profit Ramssol Group Bhd earns for each RM1 of revenue.

Revenue is the amount of profit Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd to the Professional Services industry mean.
Can be used to compare companies within the Professional Services industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Ramssol Group Bhd. If profit margins remain low (compared to the Professional 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 Ramssol Group Bhd is 0.19. This means that Ramssol Group Bhd earned RM0.19 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 Professional Services industry is 7.1%.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd with other companies in the same industry (Professional Services).
Net profit margin should rise over the years.
Can be influenced when Ramssol Group Bhd sells assets (profit will increase while costs remain the same).
It won’t show what part of Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd = 1,244
Total revenue MRQ Ramssol Group Bhd = 6,474
RM1,244 / RM6,474 = 0.19 or 19.2%

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 Ramssol Group Bhd is using its assets to generate profit.

Above 5% is considered healthy but always compare Ramssol Group Bhd to the Professional Services industry mean.
2.5% Return on Assets means that Ramssol Group Bhd generated RM0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ramssol Group Bhd:

The MRQ is 2.5%. Using its assets, the company is less efficient in making profit.
The TTM is 3.0%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	2.5%	TTM	3.0%	-0.5%
TTM	3.0%	YOY	8.0%	-5.0%
TTM	3.0%	5Y	4.7%	-1.7%
5Y	4.7%	10Y	4.7%	0.0%

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	2.5%	0.9%	+1.6%
TTM	3.0%	1.7%	+1.3%
YOY	8.0%	0.3%	+7.7%
5Y	4.7%	1.3%	+3.4%
10Y	4.7%	1.3%	+3.4%

Shows how efficient Ramssol Group 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 Ramssol Group Bhd to the Professional 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 Ramssol Group Bhd is using its resources to generate profit. If the return on assets (2.5%) from Ramssol Group Bhd are higher than the Professional Services mean (0.9%) that means Ramssol Group 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 Ramssol Group Bhd is 2.5%. This means the company generated RM0.02 for each RM1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Professional Services industry is 0.9%.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd

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

Income statement
Balance sheet

Net income MRQ (income statement) from Ramssol Group Bhd = 1,244
Total assets MRQ (balance sheet) from Ramssol Group Bhd = 49,838
1,244 / 49,838 = 0.02 or 2.5%

ROA is an important ratio as it will tell you how effectively Ramssol Group 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 Ramssol Group Bhd is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Ramssol Group Bhd to the Professional Services industry mean.
2.7% Return on Equity means Ramssol Group Bhd generated RM0.03 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ramssol Group Bhd:

The MRQ is 2.7%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 3.2%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.7%	TTM	3.2%	-0.6%
TTM	3.2%	YOY	11.5%	-8.3%
TTM	3.2%	5Y	6.0%	-2.8%
5Y	6.0%	10Y	6.0%	0.0%

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	2.7%	2.5%	+0.2%
TTM	3.2%	2.3%	+0.9%
YOY	11.5%	0.5%	+11.0%
5Y	6.0%	-1.3%	+7.3%
10Y	6.0%	-1.3%	+7.3%

Shows how efficient Ramssol Group 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 Ramssol Group Bhd to the Professional 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 Professional 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 Ramssol Group Bhd is 2.7%. This means Ramssol Group Bhd generated RM0.03 for each RM1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Professional Services industry is 2.5%.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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.
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 Ramssol Group Bhd

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Ramssol Group Bhd = 1,244
Shareholders equity (balance sheet) MRQ Ramssol Group Bhd = 46,345
1,244 / 46,345 = 0.03 or 2.7%

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 Ramssol Group Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Ramssol Group Bhd is operating .

Measures how much profit Ramssol Group 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 Ramssol Group Bhd to the Professional 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 Ramssol Group 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	-	0.0%
5Y	-	10Y	-	0.0%

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	-	9.9%	-9.9%
TTM	-	11.3%	-11.3%
YOY	-	3.1%	-3.1%
5Y	-	8.4%	-8.4%
10Y	-	9.3%	-9.3%

Measures how efficient Ramssol Group 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 Ramssol Group Bhd to the Professional 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 Ramssol Group 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 Ramssol Group Bhd is 0.0%. This means that Ramssol Group 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 Professional Services industry is 9.9%.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Ramssol Group Bhd = 1,067
Total revenue MRQ Ramssol Group Bhd = 6,474
RM1,067 / RM6,474 = 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 Ramssol Group Bhd is keeping operating costs low.

Below 1 is considered healthy (always compare to Professional Services industry mean).
An Operation Ratio of 1.29 means that the operating costs are RM1.29 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Ramssol Group Bhd:

The MRQ is 1.287. The company is inefficient in keeping operating costs low. -1
The TTM is 1.415. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	1.287	TTM	1.415	-0.128
TTM	1.415	YOY	1.080	+0.335
TTM	1.415	5Y	1.304	+0.112
5Y	1.304	10Y	1.304	0.000

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	1.287	1.032	+0.255
TTM	1.415	0.988	+0.427
YOY	1.080	0.843	+0.237
5Y	1.304	0.847	+0.457
10Y	1.304	0.899	+0.405

Measures how efficient Ramssol Group 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 Ramssol Group Bhd to the Professional 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 Ramssol Group Bhd is 128.7%. This means that Ramssol Group Bhd earned RM1.29 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 Professional Services industry is 1.03.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group 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
(2,925 +5,407) \ 6,474 = 1.29

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 Ramssol Group Bhd.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Ramssol Group Bhd is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Professional Services industry mean).
A Current Ratio of 7.24 means the company has RM7.24 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Ramssol Group Bhd:

The MRQ is 7.243. The company is very able to pay all its short-term debts. +2
The TTM is 7.503. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	7.243	TTM	7.503	-0.261
TTM	7.503	YOY	3.774	+3.729
TTM	7.503	5Y	6.260	+1.243
5Y	6.260	10Y	6.260	0.000

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	7.243	1.433	+5.810
TTM	7.503	1.682	+5.821
YOY	3.774	1.608	+2.166
5Y	6.260	1.524	+4.736
10Y	6.260	1.521	+4.739

Measures if Ramssol Group 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 Professional 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 Ramssol Group 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 Ramssol Group Bhd is 7.24. This means Ramssol Group Bhd has RM7.24 in assets for each RM1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Professional Services industry is 1.43.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
39,495 \ 5,453) = 7.24

The current ratio measures if Ramssol Group 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 Ramssol Group 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 Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Ramssol Group Bhd to the Professional Services industry mean.
A Quick Ratio of 4.60 means the company can pay off RM4.60 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ramssol Group Bhd:

The MRQ is 4.598. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 6.733. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	4.598	TTM	6.733	-2.135
TTM	6.733	YOY	3.334	+3.400
TTM	6.733	5Y	5.600	+1.133
5Y	5.600	10Y	5.600	0.000

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	4.598	0.938	+3.660
TTM	6.733	1.193	+5.540
YOY	3.334	1.093	+2.241
5Y	5.600	1.349	+4.251
10Y	5.600	1.349	+4.251

Measures if Ramssol Group 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 Ramssol Group Bhd to the Professional 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 Ramssol Group Bhd can pay off its short term debts. This shows if Ramssol Group 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 Ramssol Group Bhd is 4.60. This means that Ramssol Group Bhd can pay off RM4.60 for each RM1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Professional Services industry is 0.94.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd: ( + +25,074) / 5,453 = 4.60

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 Ramssol Group Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Ramssol Group Bhd assets are financed with debt.

Below 1 (100%) is considered healthy (always compare to Professional Services industry mean).
A Debt to Asset Ratio of 0.14 means that Ramssol Group Bhd assets are financed with 14.2% credit (debt) and the remaining percentage (100% - 14.2%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Ramssol Group Bhd:

The MRQ is 0.142. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.103. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.142	TTM	0.103	+0.039
TTM	0.103	YOY	0.320	-0.217
TTM	0.103	5Y	0.176	-0.072
5Y	0.176	10Y	0.176	0.000

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	0.142	0.470	-0.328
TTM	0.103	0.487	-0.384
YOY	0.320	0.702	-0.382
5Y	0.176	0.499	-0.323
10Y	0.176	0.499	-0.323

Measures how much % of Ramssol Group Bhd assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Ramssol Group Bhd than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) 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 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 Ramssol Group Bhd is 0.14. This means means that Ramssol Group Bhd is financed with 14.2% 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 Professional Services industry is 143.3%.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Ramssol Group Bhd

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

Balance sheet
Debt to asset ratio = total debt \ total assets
7,085 \ 49,838 = 14.2% or 0.14.

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 Ramssol Group Bhd is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Ramssol Group Bhd to the Professional Services industry mean.
A Debt to Equity ratio of 15.3% means that company has RM0.15 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ramssol Group Bhd:

The MRQ is 0.153. The company is very able to pay all its debts with equity. +2
The TTM is 0.113. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.153	TTM	0.113	+0.040
TTM	0.113	YOY	0.537	-0.424
TTM	0.113	5Y	0.254	-0.141
5Y	0.254	10Y	0.254	0.000

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
MRQ	0.153	0.364	-0.211
TTM	0.113	0.282	-0.169
YOY	0.537	0.537	0.000
5Y	0.254	0.957	-0.703
10Y	0.254	0.957	-0.703

Measures if Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd is 0.15. This means that Ramssol Group Bhd can pay off RM0.15 for each RM1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Professional Services industry is 0.36.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group Bhd

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
7,085 \ 46,345 = 0.15 or 15.3%

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 Ramssol Group Bhd

2. Earnings

2.1. Price to Earnings Ratio

Measures how much money you pays for each share for every $1 in earnings Ramssol Group Bhd generates.

Above 15 is considered overpriced but always compare Ramssol Group Bhd to the Professional Services industry mean.
A PE ratio of 13.08 means the investor is paying RM13.08 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ramssol Group Bhd:

The EOD is 15.446. Neutral. Compare to industry.
The MRQ is 13.083. Good. +1
The TTM is 13.574. Good. +1

Trends

Current period		Compared to		+/-
EOD	15.446	MRQ	13.083	+2.362
MRQ	13.083	TTM	13.574	-0.491
TTM	13.574	YOY	-	+13.574
TTM	13.574	5Y	9.050	+4.525
5Y	9.050	10Y	9.050	0.000

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
EOD	15.446	14.124	+1.322
MRQ	13.083	9.141	+3.942
TTM	13.574	3.566	+10.008
YOY	-	2.274	-2.274
5Y	9.050	4.248	+4.802
10Y	9.050	4.248	+4.802

Measures how much money the investor pays for each share for every $1 in earnings Ramssol Group 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 Ramssol Group Bhd to the Professional 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.

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 Ramssol Group Bhd is 13.08. This means the investor is paying RM13.08 for every RM1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Professional Services industry is 9.14.
What is the trend?
The trend is important because it shows you how Ramssol Group Bhd is performing over time. The most recent quarter might be important if Ramssol Group 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 Ramssol Group 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 Ramssol Group 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
\ 223,052 = 13.08

* 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. Books

2.3. Price to Book Ratio

Measures if the stock price of Ramssol Group Bhd is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Professional Services industry mean).
A PB ratio of 1.88 means the investor is paying RM1.88 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Ramssol Group Bhd:

The EOD is 2.217. Good. +1
The MRQ is 1.878. Good. +1
The TTM is 3.151. Neutral. Compare to industry.

Trends

Current period		Compared to		+/-
EOD	2.217	MRQ	1.878	+0.339
MRQ	1.878	TTM	3.151	-1.273
TTM	3.151	YOY	-	+3.151
TTM	3.151	5Y	2.101	+1.050
5Y	2.101	10Y	2.101	0.000

Compared to industry (Professional Services)

Period	Company	Industry (mean)	+/-
EOD	2.217	1.212	+1.005
MRQ	1.878	1.293	+0.585
TTM	3.151	1.938	+1.213
YOY	-	7.322	-7.322
5Y	2.101	3.910	-1.809
10Y	2.101	3.519	-1.418

Measures if the stock price of Ramssol Group Bhd is to cheap or to expensive compared to its [abbr name=book value&text=What the company is worth when you subtract total liabilities from total assets).

The book value of a company is what remains when you subtract total liabilities from total assets. This can also become negative which means the company has more debts than assets.

The price to book ratio shows the investor if the stock is under or overvalued. A high price to book ratio means that the investor is paying more for a share than the company has in total assets.

How to use PB ratio

A PB ratio of 3 means the investor is paying $3 for each $1 in book value.

Lower is better
At or below 1 is considered healthy
Can be very different between industries
Can be used to compare companies

Why do investors use PB ratio in their analysis

Helps investors to determine if the current stock price is under or overvalued. A low PB ratio means the company’s stock is trading for less than the leftover of total assets - total liabilities. PB ratios can also turn negative which means the company might be in serious financial trouble. In other words, the company has more liabilities than assets.

Things to be aware of

Only compare with other companies in the same industry
Negative PB ratio means that the company might be in serious financial trouble
A higher PB ratio than 1 also means that you are last in line (shareholders get paid last when a company defaults) when the company goes bankrupt for whatever reason.

How to calculate price to book ratio

Calculate the book value: total assets - total liabilities
Calculate book value per share: book value / total outstanding shares
Price to book ratio = share price / book value per share

Real life example

You need the following data to determine Price to book ratio:

Balance sheet
Current stock price
Key performance indicators

1. Calculate the book value: total assets - total liabilities:

Book value = $68,513,000 - $30,855,000 = $37,658,000

2. Calculate book value per share:

Book value per share = $37,658,000 / total outstanding shares (can be found in the latest balance sheet):

Book value per share = $37,658,000 / 3,465,000 = $10.868

3. Price to book ratio = share price / $10.868:

MRQ (most recent quarter) PB ratio = $673.420 / $10.868 = $61,96

The price to book ratio is another way to determine if a stock is under or overvalued. The PB ratio is used to compare the current stock price to its book value. In other words, the PB ratio is used to compare all the assets minus liabilities in relation to the stock price.

If the PB ratio is greater than 1 that means the stock is trading for a higher price than the intrinsic value of the company. Meaning, you pay more than what the company is worth. Although future growth is hard to measure. A higher PB ratio than 1 also means that you are last in line (shareholders get paid last when a company defaults) when the company goes bankrupt for whatever reason.

Book value is limited for companies that offer services because there are not many tangible assets on the balance sheet compared to large manufacturing companies. It also does not take brand names, patents and other things in consideration.

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ramssol Group 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 Per Share	-	-	0.192	0.198	-3%	0.060	+221%	0.152	+26%	0.152	+26%
Book Value Per Share Growth	-	-	-0.011	0.029	-136%	0.038	-128%	0.032	-133%	0.032	-133%
Current Ratio	-	-	7.243	7.503	-3%	3.774	+92%	6.260	+16%	6.260	+16%
Debt To Asset Ratio	-	-	0.142	0.103	+38%	0.320	-56%	0.176	-19%	0.176	-19%
Debt To Equity Ratio	-	-	0.153	0.113	+35%	0.537	-72%	0.254	-40%	0.254	-40%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	0.007	0.007	-3%	0.007	-6%	0.007	-4%	0.007	-4%
Gains Per Share	-	-	-0.011	0.029	-136%	0.038	-128%	0.032	-133%	0.032	-133%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Net Profit Margin	-	-	0.192	0.118	+62%	0.239	-20%	0.159	+21%	0.159	+21%
Operating Margin	-	-	-	-	0%	-	0%	-	0%	-	0%
Operating Ratio	-	-	1.287	1.415	-9%	1.080	+19%	1.304	-1%	1.304	-1%
Pb Ratio	2.217	+15%	1.878	3.151	-40%	-	+100%	2.101	-11%	2.101	-11%
Pe Ratio	15.446	+15%	13.083	13.574	-4%	-	+100%	9.050	+45%	9.050	+45%
Price Per Share	0.425	+15%	0.360	0.626	-43%	-	+100%	0.418	-14%	0.418	-14%
Quick Ratio	-	-	4.598	6.733	-32%	3.334	+38%	5.600	-18%	5.600	-18%
Return On Assets	-	-	0.025	0.030	-17%	0.080	-69%	0.047	-47%	0.047	-47%
Return On Equity	-	-	0.027	0.032	-17%	0.115	-77%	0.060	-55%	0.060	-55%
	EOD	+0 -3	MRQ	TTM	+5 -10	YOY	+5 -10	5Y	+8 -7	10Y	+8 -7

3.2. Fundamental Score

Let's check the fundamental score of Ramssol Group Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	15.446
Price to Book Ratio (EOD)	Between	0-1	2.217
Net Profit Margin (MRQ)	Greater than	0	0.192
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	4.598
Current Ratio (MRQ)	Greater than	1	7.243
Debt to Asset Ratio (MRQ)	Less than	1	0.142
Debt to Equity Ratio (MRQ)	Less than	1	0.153
Return on Equity (MRQ)	Greater than	0.15	0.027
Return on Assets (MRQ)	Greater than	0.05	0.025
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 Ramssol Group Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	43.838
Ma 20	Greater than	Ma 50	0.455
Ma 50	Greater than	Ma 100	0.441
Ma 100	Greater than	Ma 200	0.408
Open	Greater than	Close	0.430
Total			3/5 (60.0%)

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

Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in MYR. All numbers in thousands.

Summary

Total Assets	49,838
Total Liabilities	7,085
Total Stockholder Equity	46,345

	As reported
Total Liabilities	7,085
Total Stockholder Equity	+ 46,345
Total Assets	= 49,838

Assets

Total Assets	49,838
Total Current Assets	39,495
Long-term Assets	39,495

Total Current Assets

Total Current Assets (as reported)	39,495
Cash And Cash Equivalents	13,355
Net Receivables	25,074
Inventory	116
Total Current Assets (calculated)	38,545
+/-	950

Long-term Assets

Long-term Assets (as reported)	10,343
Intangible Assets	5,825
Long-term Assets (calculated)	5,825
+/-	4,518

Liabilities & Shareholders' Equity

Total Current Liabilities	5,453
Long-term Liabilities	1,632
Total Stockholder Equity	46,345

Total Current Liabilities

Total Current Liabilities (as reported)	5,453
Short Long Term Debt	1,207
Accounts payable	10
Total Current Liabilities (calculated)	1,217
+/-	4,236

Long-term Liabilities

Long-term Liabilities (as reported)	1,632
Long term Debt	1,260
Capital Lease Obligations Min Short Term Debt	699
Long-term Liabilities (calculated)	1,959
+/-	327

Total Stockholder Equity

Total Stockholder Equity (as reported)	46,345
Retained Earnings	17,384
Total Stockholder Equity (calculated)	17,384
+/-	28,961

Other

Capital Stock	29,899
Common Stock Shares Outstanding	223,052
Net Invested Capital	48,812
Net Working Capital	34,042

Balance Sheet

Currency in MYR. All numbers in thousands.

Trend

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

> Total Assets

18,182
20,535
48,514
49,337
49,483
49,838

49,838

49,483

49,337

48,514

20,535

18,182

> Total Current Assets

14,453
16,916
42,238
41,966
40,398
39,495

39,495

40,398

41,966

42,238

16,916

14,453

Cash And Cash Equivalents

0
0
20,189
8,204
8,508
13,355

13,355

8,508

8,204

20,189

Net Receivables

10,533
13,165
21,359
33,195
30,743
25,074

25,074

30,743

33,195

21,359

13,165

10,533

Inventory

237
232
0
0
114
116

116

114

232

237

> Long-term Assets

0
0
6,276
7,371
9,085
10,343

10,343

9,085

7,371

6,276

Property Plant Equipment

2,023
1,916
2,018
2,677
3,454
0

3,454

2,677

2,018

1,916

2,023

Intangible Assets

942
943
3,502
3,943
4,884
5,825

5,825

4,884

3,943

3,502

943

942

> Total Liabilities

8,382
3,679
3,665
5,280
4,376
7,085

7,085

4,376

5,280

3,665

3,679

8,382

> Total Current Liabilities

3,942
4,358
4,364
6,668
5,942
5,453

5,453

5,942

6,668

4,364

4,358

3,942

Short-term Debt

709
572
564
1,156
1,151
0

1,151

1,156

564

572

709

Short Long Term Debt

0
0
909
1,467
1,465
1,207

1,207

1,465

1,467

909

Accounts payable

0
0
23
22
146
10

146

> Long-term Liabilities

0
0
1,657
1,763
1,793
1,632

1,632

1,793

1,763

1,657

Long term Debt Total

6,567
1,635
1,581
1,655
1,684
0

1,684

1,655

1,581

1,635

6,567

Capital Lease Obligations Min Short Term Debt

-709
-572
-268
-481
-318
699

699

-318

-481

-268

-572

-709

> Total Stockholder Equity

9,800
16,856
44,849
44,057
45,107
46,345

46,345

45,107

44,057

44,849

16,856

9,800

Common Stock

510
6,220
29,899
29,899
29,899
0

29,899

6,220

510

Retained Earnings

9,290
10,636
14,950
14,158
15,208
17,384

17,384

15,208

14,158

14,950

10,636

9,290

Capital Surplus

Treasury Stock

Other Stockholders Equity

Balance Sheet

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31
Accounts Payable	22	593	101	192	-
Capital Lease Obligations	675	492	804	460	-
Capital Stock	29,899	31,312	510	1,216	-
Cash	8,204	27,936	3,691	679	-
Cash And Short Term Investments	8,204	2,844	3,691	679	504
Common Stock	29,899	510	510	1,216	1,455
Common Stock Shares Outstanding	223,052	223,052	223,052	223,052	223,052
Good Will	0	0	0	0	0
Intangible Assets	3,943	725	0	0	0
Inventory	0	240	0	0	0
Liabilities And Stockholders Equity	49,337	19,755	9,961	5,188	6,626
Long Term Debt	1,432	6,495	162	275	376
Long Term Debt Total	1,655	6,646	582	589	657
Net Debt	-	-	-	1,460	-
Net Invested Capital	46,956	41,979	2,823	4,573	-
Net Receivables	33,195	11,579	2,250	1,428	1,342
Net Working Capital	35,298	35,175	-2,488	-408	-
Non Current Assets Total	7,371	3,412	2,929	2,177	-
Non Current Liabilities Total	1,763	1,991	636	674	-
Property Plant Equipment	2,677	1,919	2,929	2,177	2,034
Retained Earnings	14,158	8,312	804	1,218	1,533
Short Long Term Debt	1,467	1,570	1,347	1,864	-
Short Term Debt	1,156	1,203	1,018	1,422	1,322
Total Assets	49,337	19,755	9,961	5,188	6,626
Total Current Assets	41,966	16,343	7,032	3,011	4,592
Total Current Liabilities	6,668	6,260	9,520	3,419	2,885
Total Liab	5,280	10,933	8,647	2,754	3,638
Total Stockholder Equity	44,057	8,822	1,314	2,434	2,988

	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31
Accounts Payable	10	146	22	23	-	-
Capital Lease Obligations	699	833	675	296	-	-
Capital Stock	29,899	29,899	29,899	29,899	-	-
Cash	13,355	8,508	8,204	20,189	-	-
Cash And Short Term Investments	-	8,508	8,204	20,189	2,045	1,992
Common Stock	-	29,899	29,899	29,899	6,220	510
Common Stock Shares Outstanding	223,052	223,052	223,052	223,052	223,052	223,052
Good Will	-	-	0	-	-	-
Intangible Assets	5,825	4,884	3,943	3,502	943	942
Inventory	116	114	0	0	232	237
Liabilities And Stockholders Equity	-	49,483	49,337	48,514	20,535	18,182
Long Term Debt	1,260	1,346	1,432	1,495	1,579	6,511
Long Term Debt Total	-	1,684	1,655	1,581	1,635	6,567
Net Invested Capital	48,812	47,918	46,956	47,253	-	-
Net Receivables	25,074	30,743	33,195	21,359	13,165	10,533
Net Working Capital	34,042	34,456	35,298	37,874	-	-
Non Current Assets Total	10,343	9,085	7,371	6,276	-	-
Non Current Liabilities Total	1,632	1,793	1,763	1,657	-	-
Property Plant Equipment	-	3,454	2,677	2,018	1,916	2,023
Retained Earnings	17,384	15,208	14,158	14,950	10,636	9,290
Short Long Term Debt	1,207	1,465	1,467	909	-	-
Short Term Debt	-	1,151	1,156	564	572	709
Total Assets	49,838	49,483	49,337	48,514	20,535	18,182
Total Current Assets	39,495	40,398	41,966	42,238	16,916	14,453
Total Current Liabilities	5,453	5,942	6,668	4,364	4,358	3,942
Total Liab	7,085	4,376	5,280	3,665	3,679	8,382
Total Stockholder Equity	46,345	45,107	44,057	44,849	16,856	9,800

Cash Flow

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31
Begin Period Cash Flow	2,236	3,275	-116	-166	-
Capital Expenditures	3,780	1,023	682	269	94
Change In Cash	5,369	-1,039	3,391	50	-678
Change In Working Capital	-20,320	-8,202	2,763	-1,066	-1,086
Change To Inventory	0	-240	0	0	-
Depreciation	549	446	443	345	358
Dividends Paid	-	-	-2,869	-	-
End Period Cash Flow	7,605	2,236	3,275	-116	-
Free Cash Flow	-14,654	688	6,458	824	-
Investments	-3,780	-903	-1,771	-385	-
Issuance Of Capital Stock	25,092	0	10	0	-
Net Income	5,725	7,415	3,828	226	112
Other Cashflows From Financing Activities	-3,979	-3,203	-1,610	-126	-148
Other Cashflows From Investing Activities	-	120	-1,089	-116	325
Other Non Cash Items	2,163	1,805	132	179	-
Sale Purchase Of Stock	25,092	0	10	0	150
Total Cash From Financing Activities	20,248	-1,788	-2,015	-651	-519
Total Cash From Operating Activities	-10,874	1,711	7,140	1,093	-369
Total Cashflows From Investing Activities	-3,780	-903	-1,771	-385	231

	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31
Begin Period Cash Flow	7,907	7,605	20,189	2,045	1,864	2,236
Capital Expenditures	1,435	1,898	3,780	3,295	462	447
Change In Cash	4,945	302	5,369	17,953	-191	-372
Change In Working Capital	5,562	1,214	-20,320	-9,438	-1,891	-119
Change To Inventory	-2	-114	-	-	0	0
Depreciation	178	121	549	380	248	127
End Period Cash Flow	13,007	7,907	7,605	20,189	2,045	1,864
Free Cash Flow	5,210	380	-11,904	-4,759	999	1,010
Investments	-1,435	-1,898	-485	-2,833	-15	-447
Issuance Of Capital Stock	-	-	0	-	-	-
Net Income	1,244	835	5,725	7,230	2,852	845
Other Cashflows From Financing Activities	-	-149	-3,979	-3,758	-1,705	-1,131
Other Cashflows From Investing Activities	-	0	-	-	-	-
Other Non Cash Items	37	45	201	780	622	560
Sale Purchase Of Stock	-	-	25,092	25,092	-	-
Total Cash From Financing Activities	-	-79	20,248	20,822	-2,127	-1,342
Total Cash From Operating Activities	6,645	2,278	-10,874	545	2,471	1,457
Total Cashflows From Investing Activities	-	-1,898	-3,780	-3,295	-462	-447

Income Statement

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31
Cost Of Revenue	25,078	9,991	7,759	8,021	3,565
Ebitda	6,750	8,321	4,408	750	-
Gross Profit	27,446	15,340	7,680	4,502	3,243
Income Before Tax	5,725	7,415	3,828	226	112
Interest Expense	361	443	137	179	0
Interest Income	-361	-443	-137	-179	-190
Minority Interest	1,102	533	694	0	-
Net Income	6,774	7,533	4,494	177	88
Net Income Applicable To Common Shares	6,774	7,533	4,494	177	88
Net Income From Continuing Ops	5,672	7,000	3,800	177	-
Net Interest Income	-361	-437	-132	-179	-
Operating Income	6,317	7,858	3,965	405	302
Reconciled Depreciation	664	463	443	345	-
Selling General Administrative	18,152	5,740	3,394	2,349	2,650
Tax Provision	53	415	28	49	24
Total Operating Expenses	46,489	15,931	11,596	10,715	-
Total Revenue	52,524	25,331	15,439	12,523	6,808

	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31
Cost Of Revenue	2,925	4,573	8,270	12,900	2,216	1,692
Ebitda	1,245	1,073	-1,225	4,597	2,222	1,156
Gross Profit	3,549	3,806	9,555	9,010	5,492	3,389
Income Before Tax	1,024	835	-1,505	4,378	2,007	845
Interest Expense	43	54	48	43	90	180
Interest Income	-	-54	-48	-43	-90	-180
Minority Interest	232	209	795	-31	186	152
Net Income	1,244	1,041	-744	4,346	2,180	992
Net Income Applicable To Common Shares	-	1,041	-744	4,346	2,180	992
Net Income From Continuing Ops	1,012	832	-1,539	4,377	1,994	840
Net Interest Income	-43	-54	-48	-43	-90	-180
Operating Income	1,067	889	-1,226	4,421	2,097	1,025
Reconciled Depreciation	178	184	232	176	125	131
Selling General Administrative	2,506	2,769	10,185	3,389	2,731	1,847
Tax Provision	12	3	34	1	13	5
Total Operating Expenses	5,407	7,531	19,190	17,549	5,642	4,108
Total Revenue	6,474	8,379	17,825	21,910	7,708	5,081

Latest Income Statement (annual, 2021-12-31)

Gross Profit (+$)
totalRevenue	52,524
Cost of Revenue	-25,078
Gross Profit	27,446	27,446

Operating Income (+$)
Gross Profit	27,446
Operating Expense	-46,489
Operating Income	6,317	-19,043

Operating Expense (+$)
Research Development	-
Selling General Administrative	18,152
Selling And Marketing Expenses	-
Operating Expense	46,489	18,152

Net Interest Income (+$)
Interest Income	-361
Interest Expense	-361
Net Interest Income	-361	-722

Pretax Income (+$)
Operating Income	6,317
Net Interest Income	-361
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	5,725	6,317 EBIT - interestExpense = -361 6,774 7,135
Interest Expense	361
Earnings Before Interest and Taxes (ebit)	-	6,086
Earnings Before Interest and Taxes (ebitda)	6,750

After tax Income (+$)
Income Before Tax	5,725
Tax Provision	-53
Net Income From Continuing Ops	5,672	5,672
Net Income	6,774
Net Income Applicable To Common Shares	6,774

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	-
Total Other Income/Expenses Net	-	361