Axiata Group Bhd
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Let's analyse Axiata Group Bhd

Let's start. I'm going to help you getting a better view of Axiata 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 Axiata 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 Axiata Group Bhd is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Axiata Group Bhd. The closing price on 2022-10-03 was RM2.65 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.

Axiata Group Bhd Daily Candlestick Chart

Summary

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a profit.
Using its assets, the company is inefficient 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 operating less efficient.
The company is less efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is unable to pay all its short-term debts.
The company is just not 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 able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

1.1. Profitability of Axiata 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 Axiata Group Bhd earns for each RM1 of revenue.

Above 10% is considered healthy but always compare Axiata Group Bhd to the Wireless Telecommunication 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 Axiata Group Bhd:

The MRQ is -1.6%. The company is making a loss. -1
The TTM is 1.2%. The company is making a profit. +1

Trends

Current period		Compared to		+/-
MRQ	-1.6%	TTM	1.2%	-2.8%
TTM	1.2%	YOY	1.8%	-0.6%
TTM	1.2%	5Y	-2.0%	+3.2%
5Y	-2.0%	10Y	4.2%	-6.2%

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	-1.6%	2.6%	-4.2%
TTM	1.2%	3.2%	-2.0%
YOY	1.8%	2.6%	-0.8%
5Y	-2.0%	2.4%	-4.4%
10Y	4.2%	2.1%	+2.1%

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

Revenue is the amount of profit Axiata 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 Axiata 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 Axiata Group Bhd to the Wireless Telecommunication Services industry mean.
Can be used to compare companies within the Wireless Telecommunication Services industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Axiata Group Bhd. If profit margins remain low (compared to the Wireless Telecommunication 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 Axiata Group Bhd is 1.2%. This means that Axiata Group 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 Wireless Telecommunication Services industry is 2.6%.
What is the trend?
The trend is important because it shows you how Axiata Group Bhd is performing over time. The most recent quarter might be important if Axiata 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 Axiata 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 Axiata Group Bhd with other companies in the same industry (Wireless Telecommunication Services).
Net profit margin should rise over the years.
Can be influenced when Axiata Group Bhd sells assets (profit will increase while costs remain the same).
It won’t show what part of Axiata 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 Axiata 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 Axiata Group Bhd = -106,380
Total revenue MRQ Axiata Group Bhd = 6,704,257
RM-106,380 / RM6,704,257 = -0.02 or -1.6%

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 Axiata Group Bhd is using its assets to generate profit.

Above 5% is considered healthy but always compare Axiata Group Bhd to the Wireless Telecommunication Services industry mean.
0.1% Return on Assets means that Axiata Group Bhd generated RM0.00 profit for each $1 in assets.

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

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

Trends

Current period		Compared to		+/-
MRQ	-0.1%	TTM	0.1%	-0.3%
TTM	0.1%	YOY	0.2%	0.0%
TTM	0.1%	5Y	-0.2%	+0.3%
5Y	-0.2%	10Y	0.4%	-0.6%

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	-0.1%	0.4%	-0.5%
TTM	0.1%	0.3%	-0.2%
YOY	0.2%	0.3%	-0.1%
5Y	-0.2%	0.4%	-0.6%
10Y	0.4%	0.4%	+0.0%

Shows how efficient Axiata 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

0.1% return on assets means the company generated RM0.00 for each RM1 in assets.

Higher is better
Above 5% is considered healthy but always compare Axiata Group Bhd to the Wireless Telecommunication 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 Axiata Group Bhd is using its resources to generate profit. If the return on assets (0.1%) from Axiata Group Bhd are higher than the Wireless Telecommunication Services mean (0.4%) that means Axiata 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 Axiata Group 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 Wireless Telecommunication Services industry is 0.4%.
What is the trend?
The trend is important because it shows you how Axiata Group Bhd is performing over time. The most recent quarter might be important if Axiata 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 Axiata 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 Axiata Group Bhd

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

Income statement
Balance sheet

Net income MRQ (income statement) from Axiata Group Bhd = -106,380
Total assets MRQ (balance sheet) from Axiata Group Bhd = 78,745,183
-106,380 / 78,745,183 = 0.00 or -0.1%

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

Above 15%-20% is considered healthy but always compare Axiata Group Bhd to the Wireless Telecommunication Services industry mean.
-0.6% Return on Equity means the company generated RM-0.01 for each RM1 the owners (shareholders) invested.

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

The MRQ is -0.6%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is 0.4%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	-0.6%	TTM	0.4%	-1.1%
TTM	0.4%	YOY	0.7%	-0.3%
TTM	0.4%	5Y	-0.5%	+0.9%
5Y	-0.5%	10Y	0.9%	-1.4%

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	-0.6%	1.0%	-1.6%
TTM	0.4%	0.7%	-0.3%
YOY	0.7%	0.8%	-0.1%
5Y	-0.5%	0.9%	-1.4%
10Y	0.9%	0.9%	+0.0%

Shows how efficient Axiata 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

0.4% return on equity means Axiata Group Bhd generated RM0.00 for each RM1 the owners (shareholders) invested.

Higher is better
Above 15%-20% is considered healthy but always compare Axiata Group Bhd to the Wireless Telecommunication 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 Wireless Telecommunication 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 Axiata Group Bhd is 0.4%. This means that Axiata 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 Return on Equity of the Wireless Telecommunication Services industry is 1.0%.
What is the trend?
The trend is important because it shows you how Axiata Group Bhd is performing over time. The most recent quarter might be important if Axiata 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 Axiata 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 Axiata Group Bhd

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Axiata Group Bhd = -106,380
Shareholders equity (balance sheet) MRQ Axiata Group Bhd = 16,617,676
-106,380 / 16,617,676 = -0.01 or -0.6%

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 Axiata Group Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Axiata Group Bhd is operating .

Measures how much profit Axiata 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 Axiata Group Bhd to the Wireless Telecommunication Services industry mean.
An Operating Margin of 9.4% means the company generated RM0.09 for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Axiata Group Bhd:

The MRQ is 9.4%. The company is operating less efficient.
The TTM is 9.9%. The company is operating less efficient.

Trends

Current period		Compared to		+/-
MRQ	9.4%	TTM	9.9%	-0.6%
TTM	9.9%	YOY	8.0%	+1.9%
TTM	9.9%	5Y	6.7%	+3.2%
5Y	6.7%	10Y	12.5%	-5.8%

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	9.4%	9.4%	0.0%
TTM	9.9%	15.2%	-5.3%
YOY	8.0%	8.0%	+0.0%
5Y	6.7%	7.8%	-1.1%
10Y	12.5%	6.6%	+5.9%

Measures how efficient Axiata 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 Axiata Group Bhd to the Wireless Telecommunication 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 Axiata 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 Axiata Group Bhd is 9.9%. This means that Axiata Group Bhd earned RM0.10 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Wireless Telecommunication Services industry is 9.4%.
What is the trend?
The trend is important because it shows you how Axiata Group Bhd is performing over time. The most recent quarter might be important if Axiata 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 Axiata 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 Axiata Group Bhd

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Axiata Group Bhd = 1,119,727
Total revenue MRQ Axiata Group Bhd = 6,704,257
RM1,119,727 / RM6,704,257 = 0.09 or 9.4%

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 Axiata Group Bhd is keeping operating costs low.

Below 1 is considered healthy (always compare to Wireless Telecommunication Services industry mean).
An Operation Ratio of 0.83 means that the operating costs are RM0.83 for each RM1 in net sales.

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

The MRQ is 0.833. The company is less efficient in keeping operating costs low.
The TTM is 0.838. The company is less efficient in keeping operating costs low.

Trends

Current period		Compared to		+/-
MRQ	0.833	TTM	0.838	-0.005
TTM	0.838	YOY	0.896	-0.058
TTM	0.838	5Y	0.875	-0.037
5Y	0.875	10Y	0.827	+0.048

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	0.833	0.957	-0.124
TTM	0.838	1.027	-0.189
YOY	0.896	1.038	-0.142
5Y	0.875	1.105	-0.230
10Y	0.827	0.827	+0.000

Measures how efficient Axiata 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 Axiata Group Bhd to the Wireless Telecommunication 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 Axiata Group Bhd is 83.8%. This means that Axiata Group Bhd earned RM0.84 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Wireless Telecommunication Services industry is 0.96.
What is the trend?
The trend is important because it shows you how Axiata Group Bhd is performing over time. The most recent quarter might be important if Axiata 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 Axiata 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 Axiata 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
(538,513 +5,046,017) \ 6,704,257 = 0.83

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 Axiata Group Bhd.

1.3. Liquidity

1.3.1. Current Ratio

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

Above 1.5 is considered healthy (always compare to Wireless Telecommunication Services industry mean).
A Current Ratio of 0.52 means the company has RM0.52 in assets for each RM1 in short-term debts.

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

The MRQ is 0.524. The company is unable to pay all its short-term debts. -2
The TTM is 0.593. The company is unable to pay all its short-term debts. -2

Trends

Current period		Compared to		+/-
MRQ	0.524	TTM	0.593	-0.068
TTM	0.593	YOY	0.682	-0.089
TTM	0.593	5Y	0.605	-0.012
5Y	0.605	10Y	0.750	-0.145

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	0.524	0.973	-0.449
TTM	0.593	1.178	-0.585
YOY	0.682	1.426	-0.744
5Y	0.605	0.923	-0.318
10Y	0.750	0.957	-0.207

Measures if Axiata 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 Wireless Telecommunication 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 Axiata 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 Axiata Group Bhd is 59.3%. This means that Axiata Group Bhd earned RM0.59 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Current Ratio of the Wireless Telecommunication Services industry is 0.97.
What is the trend?
The trend is important because it shows you how Axiata Group Bhd is performing over time. The most recent quarter might be important if Axiata 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 Axiata 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 Axiata Group Bhd

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets / current liabilities
12,304,981 \ 23,477,752) = 0.59

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

Above 1 is considered healthy (always compare to Wireless Telecommunication Services industry mean)
A Quick Ratio of 0.51 means the company can pay off RM0.51 for each RM1 in debt (using most liquid assets).

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

The MRQ is 0.509. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.571. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.509	TTM	0.571	-0.062
TTM	0.571	YOY	0.665	-0.094
TTM	0.571	5Y	0.494	+0.077
5Y	0.494	10Y	0.561	-0.067

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	0.509	0.758	-0.249
TTM	0.571	0.939	-0.368
YOY	0.665	1.461	-0.796
5Y	0.494	1.000	-0.506
10Y	0.561	0.990	-0.429

Measures if Axiata 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 (always use industry average)
Can be very different between industries
Can be used to compare companies

Why do investors use quick ratio in their analysis

Shows how fast Axiata Group Bhd can pay off its short term debts. This shows if Axiata 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 Axiata Group Bhd is 0.51. This means that Axiata Group Bhd earned RM0.51 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Wireless Telecommunication Services industry is 0.76.
What is the trend?
The trend is important because it shows you how Axiata Group Bhd is performing over time. The most recent quarter might be important if Axiata 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 Axiata 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 Axiata Group Bhd

You need the following data to determine operating ratio:

Balance sheet

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities
(6,586,276 + 42 +5,368,602) / 23,477,752 = 0.51
($18,324,000 plus $519,000 plus $2,081,000) / $21,821,000 = 0.95

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 Axiata Group Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

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

Below 1 (100%) is considered healthy (always compare to Wireless Telecommunication Services industry mean).
A Debt to Asset Ratio of 0.69 means that Axiata Group Bhd assets are financed with 69.2% credit (debt) and the remaining percentage (100% - 69.2%) is financed by its owners/shareholders.

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

The MRQ is 0.692. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.663. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.692	TTM	0.663	+0.029
TTM	0.663	YOY	0.658	+0.005
TTM	0.663	5Y	0.641	+0.022
5Y	0.641	10Y	0.591	+0.050

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	0.692	0.580	+0.112
TTM	0.663	0.615	+0.048
YOY	0.658	0.620	+0.038
5Y	0.641	0.528	+0.113
10Y	0.591	0.511	+0.080

1.4.2. Debt to Equity Ratio

Measures if Axiata Group Bhd is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy (always compare to Wireless Telecommunication Services industry mean).
A Debt to Equity ratio of 327.7% means that company has RM3.28 debt for each RM1 in shareholders equity.

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

The MRQ is 3.277. The company is unable to pay all its debts with equity. -1
The TTM is 2.794. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	3.277	TTM	2.794	+0.483
TTM	2.794	YOY	2.647	+0.148
TTM	2.794	5Y	2.461	+0.333
5Y	2.461	10Y	1.898	+0.563

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	3.277	1.384	+1.893
TTM	2.794	1.892	+0.902
YOY	2.647	1.743	+0.904
5Y	2.461	1.198	+1.263
10Y	1.898	1.198	+0.700

2. Market Valuation of Axiata Group Bhd

2. Earnings

2.1. Price to Earnings Ratio

Measures how many years it takes to double your invested money in Axiata Group Bhd.

Above 15 is considered overpriced but is hard to determine (always use industry average).
A PE ratio of 82.16 means the investor is paying RM82.16 for every RM1 in earnings.

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

The EOD is 76.938. Seems overpriced? -1
The MRQ is 82.163. Seems overpriced? -1
The TTM is 64.703. Seems overpriced? -1

Trends

Current period		Compared to		+/-
EOD	76.938	MRQ	82.163	-5.226
MRQ	82.163	TTM	64.703	+17.460
TTM	64.703	YOY	59.054	+5.649
TTM	64.703	5Y	31.893	+32.810
5Y	31.893	10Y	32.509	-0.616

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
EOD	76.938	4.638	+72.300
MRQ	82.163	6.165	+75.998
TTM	64.703	5.460	+59.243
YOY	59.054	10.940	+48.114
5Y	31.893	11.278	+20.615
10Y	32.509	19.589	+12.920

Compares the company's stock price to its earnings.

Indicates if the company’s shares are under or overvalued. A very high PE ratio means that the price of the stock is much higher than the reported earnings.

How to use PE ratio

A PE ratio of 15 means the investor is paying $15 for every $1 in earnings

Above 15 is considered overpriced but is hard to determine (always use industry average)
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.

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 (The market value per share is simply the current stock price. )

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
Outstanding shares can be found in the balance sheet

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 Axiata Group Bhd.

Lower is better
A PEG ratio of 1 means the investor is paying a fair price for the stock

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

The MRQ is -2.760. Very Bad. -2
The TTM is -0.551. Very Bad. -2

Trends

Current period		Compared to		+/-
MRQ	-2.760	TTM	-0.551	-2.209
TTM	-0.551	YOY	-0.969	+0.418
TTM	-0.551	5Y	-0.159	-0.392
5Y	-0.159	10Y	-17.157	+16.998

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
MRQ	-2.760	0.064	-2.824
TTM	-0.551	-0.050	-0.501
YOY	-0.969	-0.065	-0.904
5Y	-0.159	-0.050	-0.109
10Y	-17.157	-0.028	-17.129

PEG Ratio	Meaning
0.5	You can buy the stock cheap
1	You pay a fair price
2.5	The stock is overpriced

2. Books

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Wireless Telecommunication Services industry mean).
A PB ratio of 1.07 means the investor is paying RM1.07 for each RM1 in book value.

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

The EOD is 1.002. Good. +1
The MRQ is 1.070. Good. +1
The TTM is 1.376. Good. +1

Trends

Current period		Compared to		+/-
EOD	1.002	MRQ	1.070	-0.068
MRQ	1.070	TTM	1.376	-0.306
TTM	1.376	YOY	1.372	+0.004
TTM	1.376	5Y	1.516	-0.139
5Y	1.516	10Y	1.909	-0.393

Compared to industry (Wireless Telecommunication Services)

Period	Company	Industry (mean)	+/-
EOD	1.002	0.732	+0.270
MRQ	1.070	0.914	+0.156
TTM	1.376	1.236	+0.140
YOY	1.372	1.398	-0.026
5Y	1.516	1.516	0.000
10Y	1.909	1.612	+0.297

Measures if the stock price of Axiata 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 Axiata 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	-	-	2.644	2.666	-1%	2.560	+3%	2.688	-2%	2.733	-3%
Book Value Per Share Growth	-	-	0.040	-0.002	+104%	0.053	-24%	-0.044	+210%	0.003	+1187%
Current Ratio	-	-	0.524	0.593	-12%	0.682	-23%	0.605	-13%	0.750	-30%
Debt To Asset Ratio	-	-	0.692	0.663	+4%	0.658	+5%	0.641	+8%	0.591	+17%
Debt To Equity Ratio	-	-	3.277	2.794	+17%	2.647	+24%	2.461	+33%	1.898	+73%
Dividend Per Share	-	-	-	0.046	-100%	0.036	-100%	0.026	-100%	0.022	-100%
Eps	-	-	-0.012	0.009	-235%	0.012	-195%	-0.012	0%	0.023	-151%
Eps Growth	-	-	-29.774	3.317	-998%	-117.579	+295%	-197.254	+562%	-121.877	+309%
Gains Per Share	-	-	0.040	0.045	-10%	0.088	-55%	-0.018	+145%	0.025	+62%
Gross Profit Margin	-	-	6.021	3.735	+61%	-0.890	+115%	-0.866	+114%	-0.324	+105%
Net Profit Margin	-	-	-0.016	0.012	-233%	0.018	-187%	-0.020	+24%	0.042	-138%
Operating Margin	-	-	0.094	0.099	-6%	0.080	+17%	0.067	+40%	0.125	-25%
Operating Ratio	-	-	0.833	0.838	-1%	0.896	-7%	0.875	-5%	0.827	+1%
Pb Ratio	1.002	-7%	1.070	1.376	-22%	1.372	-22%	1.516	-29%	1.909	-44%
Pe Ratio	76.938	-7%	82.163	64.703	+27%	59.054	+39%	31.893	+158%	32.509	+153%
Peg Ratio	-	-	-2.760	-0.551	-80%	-0.969	-65%	-0.159	-94%	-17.157	+522%
Price Per Share	2.650	-7%	2.830	3.673	-23%	3.520	-20%	4.082	-31%	5.162	-45%
Quick Ratio	-	-	0.509	0.571	-11%	0.665	-23%	0.494	+3%	0.561	-9%
Return On Assets	-	-	-0.001	0.001	-216%	0.002	-184%	-0.002	+40%	0.004	-133%
Return On Equity	-	-	-0.006	0.004	-250%	0.007	-192%	-0.005	-21%	0.009	-169%
	EOD	+3 -0	MRQ	TTM	+6 -14	YOY	+8 -12	5Y	+12 -8	10Y	+6 -14

3.2. Fundamental Score

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

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	76.938
Price to Book Ratio (EOD)	Between	0-1	1.002
Net Profit Margin (MRQ)	Greater than	0	-0.016
Operating Margin (MRQ)	Greater than	0	0.094
Quick Ratio (MRQ)	Greater than	1	0.509
Current Ratio (MRQ)	Greater than	1	0.524
Debt to Asset Ratio (MRQ)	Less than	1	0.692
Debt to Equity Ratio (MRQ)	Less than	1	3.277
Return on Equity (MRQ)	Greater than	0.15	-0.006
Return on Assets (MRQ)	Greater than	0.05	-0.001
Total			2/10 (20.0%)

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 Axiata Group Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	35.312
Ma 20	Greater than	Ma 50	2.798
Ma 50	Greater than	Ma 100	2.878
Ma 100	Greater than	Ma 200	2.915
Open	Greater than	Close	2.630
Total			0/5 (0.0%)

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	78,745,183
Total Liabilities	54,460,592
Total Stockholder Equity	16,617,676

	As reported
Total Liabilities	54,460,592
Total Stockholder Equity	+ 16,617,676
Total Assets	= 78,745,183

Assets

Total Assets	78,745,183
Total Current Assets	12,304,981
Long-term Assets	12,304,981

Total Current Assets

Total Current Assets (as reported)	12,304,981
Cash And Cash Equivalents	6,586,276
Short-term Investments	42
Net Receivables	5,368,602
Inventory	208,572
Total Current Assets (calculated)	12,163,492
+/-	141,489

Long-term Assets

Long-term Assets (as reported)	66,440,202
Property Plant Equipment	40,694,142
Long-term Assets Other	1,679,213
Long-term Assets (calculated)	42,373,355
+/-	24,066,847

Liabilities & Shareholders' Equity

Total Current Liabilities	23,477,752
Long-term Liabilities	30,982,840
Total Stockholder Equity	16,617,676

Total Current Liabilities

Total Current Liabilities (as reported)	23,477,752
Short-term Debt	9,324,216
Short Long Term Debt	7,310,052
Accounts payable	13,213,952
Other Current Liabilities	939,584
Total Current Liabilities (calculated)	30,787,804
+/-	7,310,052

Long-term Liabilities

Long-term Liabilities (as reported)	30,982,840
Long term Debt	17,892,315
Capital Lease Obligations	10,650,343
Long-term Liabilities (calculated)	28,542,658
+/-	2,440,182

Total Stockholder Equity

Total Stockholder Equity (as reported)	16,617,676
Common Stock	13,912,676
Retained Earnings	6,026,023
Other Stockholders Equity	-3,321,023
Total Stockholder Equity (calculated)	16,617,676
+/-	0

Other

Capital Stock	13,912,676
Cash and Short Term Investments	6,586,318
Common Stock Shares Outstanding	9,184,737
Liabilities and Stockholders Equity	71,078,268
Net Debt	29,266,434
Net Invested Capital	41,820,043
Net Working Capital	-11,172,771
Short Long Term Debt Total	35,852,710

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

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2009-06-30

2008-06-30

> Total Assets

0
38,201,626
41,977,097
41,303,299
43,211,817
42,930,601
44,475,313
43,473,034
43,240,989
43,497,246
49,006,452
45,908,596
46,670,934
49,127,437
51,166,991
51,325,337
53,333,762
56,118,271
59,176,432
66,001,469
64,861,961
70,488,730
71,518,307
71,320,873
69,999,079
69,910,996
66,107,665
64,525,148
64,737,946
63,855,027
67,403,652
66,696,525
67,448,847
66,533,803
67,303,747
68,302,867
70,844,263
67,961,749
67,366,702
68,414,397
69,649,573
72,550,430
70,223,926
78,745,183

78,745,183

70,223,926

72,550,430

69,649,573

68,414,397

67,366,702

67,961,749

70,844,263

68,302,867

67,303,747

66,533,803

67,448,847

66,696,525

67,403,652

63,855,027

64,737,946

64,525,148

66,107,665

69,910,996

69,999,079

71,320,873

71,518,307

70,488,730

64,861,961

66,001,469

59,176,432

56,118,271

53,333,762

51,325,337

51,166,991

49,127,437

46,670,934

45,908,596

49,006,452

43,497,246

43,240,989

43,473,034

44,475,313

42,930,601

43,211,817

41,303,299

41,977,097

38,201,626

> Total Current Assets

0
5,044,496
10,390,819
9,449,775
11,592,821
10,715,583
11,305,295
9,925,001
10,176,437
9,239,861
9,061,100
7,724,122
7,906,726
8,316,369
9,407,514
9,144,181
8,281,907
9,856,806
14,999,680
12,683,931
10,471,337
10,488,600
11,970,133
12,544,695
11,670,390
11,801,734
10,465,094
12,307,378
11,657,731
12,302,012
11,738,189
10,453,646
10,148,356
9,525,651
11,837,162
10,738,881
14,966,023
11,964,628
11,422,759
11,659,297
12,027,246
12,410,621
11,174,172
12,304,981

12,304,981

11,174,172

12,410,621

12,027,246

11,659,297

11,422,759

11,964,628

14,966,023

10,738,881

11,837,162

9,525,651

10,148,356

10,453,646

11,738,189

12,302,012

11,657,731

12,307,378

10,465,094

11,801,734

11,670,390

12,544,695

11,970,133

10,488,600

10,471,337

12,683,931

14,999,680

9,856,806

8,281,907

9,144,181

9,407,514

8,316,369

7,906,726

7,724,122

9,061,100

9,239,861

10,176,437

9,925,001

11,305,295

10,715,583

11,592,821

9,449,775

10,390,819

5,044,496

Cash And Cash Equivalents

0
3,341,499
7,497,436
6,480,224
8,621,848
7,906,204
7,997,465
6,643,533
7,097,150
6,432,918
5,565,557
4,375,155
4,660,958
5,115,570
5,654,401
5,446,969
4,356,505
5,510,692
10,878,587
8,100,628
6,033,572
5,332,414
6,726,159
7,373,615
6,872,815
6,812,868
5,714,857
6,234,411
6,018,626
4,927,722
6,649,491
5,314,030
4,877,204
3,992,227
5,695,892
5,642,482
10,713,360
7,001,908
6,552,248
7,001,796
7,320,737
6,746,816
5,781,863
6,586,276

6,586,276

5,781,863

6,746,816

7,320,737

7,001,796

6,552,248

7,001,908

10,713,360

5,642,482

5,695,892

3,992,227

4,877,204

5,314,030

6,649,491

4,927,722

6,018,626

6,234,411

5,714,857

6,812,868

6,872,815

7,373,615

6,726,159

5,332,414

6,033,572

8,100,628

10,878,587

5,510,692

4,356,505

5,446,969

5,654,401

5,115,570

4,660,958

4,375,155

5,565,557

6,432,918

7,097,150

6,643,533

7,997,465

7,906,204

8,621,848

6,480,224

7,497,436

3,341,499

Short-term Investments

0
7
9
8
9
8
8
9
8
8
19
17
17
14
15
25
23
28
27
20
20
18
18
15
66
64
54
47
41
63,991
36
33
37
60,417
65,983
76,593
162,370
138,113
42
46
63
65
42
42

138,113

162,370

76,593

65,983

60,417

63,991

Net Receivables

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,455,000
3,714,000
2,167,000
3,763,000
0
0
0
0
0
0
0
0
0
0
0
4,573,377
4,640,227
4,783,869
4,721,973
5,509,172
4,393,911
3,811,239
4,362,395
4,514,139
4,296,281
4,295,562
5,060,933
5,046,041
5,368,602

5,368,602

5,046,041

5,060,933

4,295,562

4,296,281

4,514,139

4,362,395

3,811,239

4,393,911

5,509,172

4,721,973

4,783,869

4,640,227

4,573,377

3,763,000

2,167,000

3,714,000

3,455,000

Other Current Assets

0
1,659,560
2,498,163
2,455,184
2,512,748
2,427,872
2,851,647
2,879,707
2,753,638
2,744,130
3,385,422
3,238,133
3,164,477
3,121,252
3,661,317
3,572,010
3,848,324
4,190,961
3,903,535
4,434,771
4,297,167
4,981,421
5,056,210
5,017,874
4,685,013
4,814,523
4,551,464
5,919,285
5,457,965
7,091,169
4,880,636
4,992,690
5,117,383
5,318,679
5,933,796
4,879,454
3,939,172
4,682,944
4,648,210
4,430,362
4,522,731
5,440,993
5,196,639
5,510,091

5,510,091

5,196,639

5,440,993

4,522,731

4,430,362

4,648,210

4,682,944

3,939,172

4,879,454

5,933,796

5,318,679

5,117,383

4,992,690

4,880,636

7,091,169

5,457,965

5,919,285

4,551,464

4,814,523

4,685,013

5,017,874

5,056,210

4,981,421

4,297,167

4,434,771

3,903,535

4,190,961

3,848,324

3,572,010

3,661,317

3,121,252

3,164,477

3,238,133

3,385,422

2,744,130

2,753,638

2,879,707

2,851,647

2,427,872

2,512,748

2,455,184

2,498,163

1,659,560

> Long-term Assets

0
33,157,130
31,586,278
31,853,524
31,618,996
32,215,018
33,170,018
33,548,033
33,064,552
34,257,385
39,945,352
38,184,474
38,764,208
40,811,068
41,759,477
42,181,156
45,051,855
46,261,465
44,176,752
53,317,538
54,390,624
60,000,130
59,548,174
58,776,178
58,328,689
58,109,262
55,642,571
52,217,770
53,080,215
51,553,015
55,665,463
56,242,879
57,300,491
57,008,152
55,466,585
57,563,986
55,878,240
55,997,121
55,943,943
56,755,100
57,622,327
60,139,809
59,049,754
66,440,202

66,440,202

59,049,754

60,139,809

57,622,327

56,755,100

55,943,943

55,997,121

55,878,240

57,563,986

55,466,585

57,008,152

57,300,491

56,242,879

55,665,463

51,553,015

53,080,215

52,217,770

55,642,571

58,109,262

58,328,689

58,776,178

59,548,174

60,000,130

54,390,624

53,317,538

44,176,752

46,261,465

45,051,855

42,181,156

41,759,477

40,811,068

38,764,208

38,184,474

39,945,352

34,257,385

33,064,552

33,548,033

33,170,018

32,215,018

31,618,996

31,853,524

31,586,278

33,157,130

Property Plant Equipment

0
15,773,417
15,896,497
16,286,819
16,114,682
16,585,314
16,912,969
17,190,470
16,197,018
17,106,708
18,970,657
18,158,879
18,258,538
19,933,487
20,306,111
20,642,152
22,318,976
23,133,644
21,741,936
24,202,503
25,007,902
27,466,131
27,050,711
26,899,110
26,721,645
26,909,970
25,841,812
26,808,567
27,449,634
27,290,458
32,359,527
33,305,025
34,279,601
34,570,929
33,398,991
34,769,276
33,685,579
33,014,542
32,804,991
33,442,125
34,298,582
35,958,501
35,271,459
40,694,142

40,694,142

35,271,459

35,958,501

34,298,582

33,442,125

32,804,991

33,014,542

33,685,579

34,769,276

33,398,991

34,570,929

34,279,601

33,305,025

32,359,527

27,290,458

27,449,634

26,808,567

25,841,812

26,909,970

26,721,645

26,899,110

27,050,711

27,466,131

25,007,902

24,202,503

21,741,936

23,133,644

22,318,976

20,642,152

20,306,111

19,933,487

18,258,538

18,158,879

18,970,657

17,106,708

16,197,018

17,190,470

16,912,969

16,585,314

16,114,682

16,286,819

15,896,497

15,773,417

Goodwill

0
0
0
0
0
7,452,633
0
0
0
7,648,517
0
0
0
9,371,959
0
0
0
9,958,252
0
0
0
13,503,850
0
0
0
13,755,420
0
0
0
13,238,212
0
0
0
13,171,073
0
0
0
12,948,304
0
0
0
13,932,546
0
0

13,932,546

12,948,304

13,171,073

13,238,212

13,755,420

13,503,850

9,958,252

9,371,959

7,648,517

7,452,633

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,952,000
8,605,000
8,517,000
8,331,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

8,331,000

8,517,000

8,605,000

7,952,000

Intangible Assets

0
0
0
0
0
939,881
0
0
0
1,900,037
0
0
0
3,443,747
0
0
0
4,248,233
0
0
0
9,649,183
0
0
0
8,420,866
0
0
0
7,688,491
20,630,873
20,606,120
21,099,734
7,553,288
20,355,357
20,532,243
19,968,992
7,686,095
20,802,894
20,992,939
20,910,118
7,790,141
21,444,783
0

21,444,783

7,790,141

20,910,118

20,992,939

20,802,894

7,686,095

19,968,992

20,532,243

20,355,357

7,553,288

21,099,734

20,606,120

20,630,873

7,688,491

8,420,866

9,649,183

4,248,233

3,443,747

1,900,037

939,881

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
602,539
498,139
379,231
339,443
345,774
332,443
234,385
318,667
310,293
270,687
322,992
435,347
369,067
0

369,067

435,347

322,992

270,687

310,293

318,667

234,385

332,443

345,774

339,443

379,231

498,139

602,539

> Total Liabilities

0
20,705,277
20,081,453
19,863,422
21,854,832
20,923,379
21,646,416
22,272,566
22,458,186
22,118,175
26,945,904
24,964,182
25,240,664
26,569,650
27,597,082
28,267,757
28,140,835
30,393,927
33,998,802
39,672,383
37,520,867
41,868,526
40,263,984
39,597,450
38,872,148
39,406,413
37,190,860
38,645,603
39,973,287
40,640,321
44,739,699
43,628,544
44,807,788
44,313,780
45,651,499
45,918,127
48,955,241
44,082,319
43,524,203
44,082,780
45,013,298
47,484,601
46,310,332
54,460,592

54,460,592

46,310,332

47,484,601

45,013,298

44,082,780

43,524,203

44,082,319

48,955,241

45,918,127

45,651,499

44,313,780

44,807,788

43,628,544

44,739,699

40,640,321

39,973,287

38,645,603

37,190,860

39,406,413

38,872,148

39,597,450

40,263,984

41,868,526

37,520,867

39,672,383

33,998,802

30,393,927

28,140,835

28,267,757

27,597,082

26,569,650

25,240,664

24,964,182

26,945,904

22,118,175

22,458,186

22,272,566

21,646,416

20,923,379

21,854,832

19,863,422

20,081,453

20,705,277

> Total Current Liabilities

0
5,807,479
8,521,517
7,555,550
8,526,631
7,890,689
8,019,552
8,002,410
8,198,881
8,040,911
11,387,933
9,989,266
11,221,754
10,558,993
11,740,747
12,658,641
12,702,904
12,489,727
14,450,456
18,759,217
17,761,952
19,944,869
19,181,810
19,053,766
17,490,353
18,295,332
16,045,935
16,567,839
18,516,099
18,402,170
18,680,601
18,240,195
19,804,847
24,337,490
26,408,260
24,631,625
21,826,632
17,393,981
17,255,451
16,854,996
18,068,468
20,352,706
19,579,107
23,477,752

23,477,752

19,579,107

20,352,706

18,068,468

16,854,996

17,255,451

17,393,981

21,826,632

24,631,625

26,408,260

24,337,490

19,804,847

18,240,195

18,680,601

18,402,170

18,516,099

16,567,839

16,045,935

18,295,332

17,490,353

19,053,766

19,181,810

19,944,869

17,761,952

18,759,217

14,450,456

12,489,727

12,702,904

12,658,641

11,740,747

10,558,993

11,221,754

9,989,266

11,387,933

8,040,911

8,198,881

8,002,410

8,019,552

7,890,689

8,526,631

7,555,550

8,521,517

5,807,479

Short-term Debt

0
1,187,300
2,079,172
1,714,073
2,145,336
1,892,371
1,783,264
1,866,833
1,480,367
1,683,988
2,544,027
1,824,775
2,151,347
1,992,221
2,317,767
2,414,899
1,874,385
2,462,086
5,431,125
6,522,282
6,072,844
7,233,453
6,196,430
5,806,718
4,332,193
4,553,974
3,506,831
3,261,264
4,966,502
4,907,202
5,290,303
5,058,495
5,615,709
9,074,453
10,628,922
9,135,286
6,876,632
4,705,864
4,812,081
4,359,520
4,728,546
5,990,262
6,148,891
9,324,216

9,324,216

6,148,891

5,990,262

4,728,546

4,359,520

4,812,081

4,705,864

6,876,632

9,135,286

10,628,922

9,074,453

5,615,709

5,058,495

5,290,303

4,907,202

4,966,502

3,261,264

3,506,831

4,553,974

4,332,193

5,806,718

6,196,430

7,233,453

6,072,844

6,522,282

5,431,125

2,462,086

1,874,385

2,414,899

2,317,767

1,992,221

2,151,347

1,824,775

2,544,027

1,683,988

1,480,367

1,866,833

1,783,264

1,892,371

2,145,336

1,714,073

2,079,172

1,187,300

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,065,000
13,650,000
17,137,000
21,294,000
0
0
0
0
0
0
0
0
0
0
0
4,480,209
3,729,968
4,069,854
7,631,753
9,046,403
7,539,040
5,215,780
2,971,544
2,835,707
2,568,645
2,945,743
4,231,416
4,266,935
7,310,052

7,310,052

4,266,935

4,231,416

2,945,743

2,568,645

2,835,707

2,971,544

5,215,780

7,539,040

9,046,403

7,631,753

4,069,854

3,729,968

4,480,209

21,294,000

17,137,000

13,650,000

14,065,000

Accounts payable

0
4,389,509
0
0
-680,444
717,884
5,909,388
5,713,100
5,636,411
1,138,488
8,542,945
7,815,797
7,882,932
1,438,957
9,074,472
8,701,645
9,783,284
1,934,145
8,549,502
10,242,633
10,159,873
2,315,013
12,316,341
12,057,749
11,783,210
2,720,556
11,524,581
11,838,221
10,812,664
3,226,013
11,696,522
11,697,698
12,382,116
2,644,463
12,400,392
12,642,009
11,983,599
2,890,808
11,384,961
11,870,698
12,641,238
4,119,037
12,629,671
13,213,952

13,213,952

12,629,671

4,119,037

12,641,238

11,870,698

11,384,961

2,890,808

11,983,599

12,642,009

12,400,392

2,644,463

12,382,116

11,697,698

11,696,522

3,226,013

10,812,664

11,838,221

11,524,581

2,720,556

11,783,210

12,057,749

12,316,341

2,315,013

10,159,873

10,242,633

8,549,502

1,934,145

9,783,284

8,701,645

9,074,472

1,438,957

7,882,932

7,815,797

8,542,945

1,138,488

5,636,411

5,713,100

5,909,388

717,884

-680,444

4,389,509

Other Current Liabilities

0
230,670
6,442,345
5,841,477
7,061,739
5,280,434
326,900
422,477
1,082,103
5,218,435
300,961
348,694
1,187,475
7,127,815
348,508
1,542,097
1,045,235
8,093,496
469,829
1,994,302
1,529,235
10,396,403
669,039
1,189,299
1,374,950
11,020,802
1,014,523
1,468,354
2,736,933
10,268,955
1,693,776
1,484,002
1,807,022
12,618,574
3,378,946
2,854,330
2,966,401
9,797,309
1,058,409
624,778
698,684
10,243,407
800,545
939,584

939,584

800,545

10,243,407

698,684

624,778

1,058,409

9,797,309

2,966,401

2,854,330

3,378,946

12,618,574

1,807,022

1,484,002

1,693,776

10,268,955

2,736,933

1,468,354

1,014,523

11,020,802

1,374,950

1,189,299

669,039

10,396,403

1,529,235

1,994,302

469,829

8,093,496

1,045,235

1,542,097

348,508

7,127,815

1,187,475

348,694

300,961

5,218,435

1,082,103

422,477

326,900

5,280,434

7,061,739

5,841,477

6,442,345

230,670

> Long-term Liabilities

0
14,897,798
11,559,936
12,307,872
13,328,201
13,032,690
13,626,864
14,270,156
14,259,305
14,077,264
15,557,971
14,974,916
14,018,910
16,010,657
15,856,335
15,609,116
15,437,931
17,904,200
19,548,346
20,913,166
19,758,915
21,923,657
21,082,174
20,543,684
21,381,795
21,111,081
21,144,925
22,077,764
21,457,188
22,238,151
26,059,098
25,388,349
25,002,941
19,976,290
19,243,239
21,286,502
27,128,609
26,688,338
26,268,752
27,227,784
26,944,830
27,131,895
26,731,225
30,982,840

30,982,840

26,731,225

27,131,895

26,944,830

27,227,784

26,268,752

26,688,338

27,128,609

21,286,502

19,243,239

19,976,290

25,002,941

25,388,349

26,059,098

22,238,151

21,457,188

22,077,764

21,144,925

21,111,081

21,381,795

20,543,684

21,082,174

21,923,657

19,758,915

20,913,166

19,548,346

17,904,200

15,437,931

15,609,116

15,856,335

16,010,657

14,018,910

14,974,916

15,557,971

14,077,264

14,259,305

14,270,156

13,626,864

13,032,690

13,328,201

12,307,872

11,559,936

14,897,798

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,142,028
20,551,156
20,082,976
16,592,107
15,817,494
0
23,709,965
22,668,171
22,160,131
22,962,629
22,978,313
23,231,228
22,693,522
0

22,693,522

23,231,228

22,978,313

22,962,629

22,160,131

22,668,171

23,709,965

15,817,494

16,592,107

20,082,976

20,551,156

21,142,028

> Total Stockholder Equity

0
16,966,211
20,199,876
19,622,904
19,532,140
20,100,508
20,829,760
19,249,034
18,959,614
19,621,585
20,335,320
19,424,780
19,730,711
20,744,532
21,744,973
21,207,516
23,096,491
23,525,269
23,051,403
22,547,479
23,395,543
23,580,652
25,618,877
25,593,578
25,067,406
24,731,136
23,379,864
20,157,092
19,121,326
17,476,799
16,862,268
17,218,301
16,652,232
16,180,793
15,596,791
16,146,985
15,780,304
17,641,142
17,399,470
17,741,983
17,888,393
18,005,324
16,859,456
16,617,676

16,617,676

16,859,456

18,005,324

17,888,393

17,741,983

17,399,470

17,641,142

15,780,304

16,146,985

15,596,791

16,180,793

16,652,232

17,218,301

16,862,268

17,476,799

19,121,326

20,157,092

23,379,864

24,731,136

25,067,406

25,593,578

25,618,877

23,580,652

23,395,543

22,547,479

23,051,403

23,525,269

23,096,491

21,207,516

21,744,973

20,744,532

19,730,711

19,424,780

20,335,320

19,621,585

18,959,614

19,249,034

20,829,760

20,100,508

19,532,140

19,622,904

20,199,876

16,966,211

Common Stock

0
8,445,154
8,477,604
8,498,477
8,505,551
8,508,209
8,517,760
8,529,721
8,537,208
8,540,663
8,547,598
8,565,794
8,575,791
8,582,017
8,592,462
8,607,578
8,706,062
8,816,858
8,822,475
8,823,444
8,926,205
8,971,415
13,060,657
13,063,008
13,176,972
13,407,253
13,413,476
13,417,939
13,497,290
13,502,368
13,508,666
13,720,642
13,720,810
13,857,268
13,859,615
13,880,792
13,882,919
13,883,028
13,896,766
13,897,238
13,897,238
13,905,207
13,912,676
13,912,676

13,912,676

13,905,207

13,897,238

13,896,766

13,883,028

13,882,919

13,880,792

13,859,615

13,857,268

13,720,810

13,720,642

13,508,666

13,502,368

13,497,290

13,417,939

13,413,476

13,407,253

13,176,972

13,063,008

13,060,657

8,971,415

8,926,205

8,823,444

8,822,475

8,816,858

8,706,062

8,607,578

8,592,462

8,582,017

8,575,791

8,565,794

8,547,598

8,540,663

8,537,208

8,529,721

8,517,760

8,508,209

8,505,551

8,498,477

8,477,604

8,445,154

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
8,521,057
11,722,272
11,124,427
11,026,589
11,592,299
12,312,000
10,719,313
10,422,406
11,080,922
11,787,722
10,858,986
11,154,920
12,162,515
13,152,511
12,599,938
14,390,429
14,708,411
14,228,928
13,724,035
14,469,338
14,609,237
12,558,220
12,530,570
11,890,434
11,323,883
9,966,388
6,739,153
5,624,036
-1,668,350
-2,569,856
-2,708,535
-2,929,117
-4,323,447
1,737,176
2,266,193
1,897,385
-2,824,707
-2,697,358
-2,746,653
3,991,155
-2,654,833
-3,260,476
-3,321,023

-3,321,023

-3,260,476

-2,654,833

3,991,155

-2,746,653

-2,697,358

-2,824,707

1,897,385

2,266,193

1,737,176

-4,323,447

-2,929,117

-2,708,535

-2,569,856

-1,668,350

5,624,036

6,739,153

9,966,388

11,323,883

11,890,434

12,530,570

12,558,220

14,609,237

14,469,338

13,724,035

14,228,928

14,708,411

14,390,429

12,599,938

13,152,511

12,162,515

11,154,920

10,858,986

11,787,722

11,080,922

10,422,406

10,719,313

12,312,000

11,592,299

11,026,589

11,124,427

11,722,272

8,521,057

Balance Sheet

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31
Accounts Payable	4,119,037	2,890,808	2,644,463	3,226,013	2,720,556	2,315,013	1,934,145	1,438,957	1,138,488	717,884	5,609,120	4,567,490	4,263,067	4,538,473	6,702,700	5,740,900	5,980,900
Capital Lease Obligations	10,170,995	9,628,596	8,840,317	424,005	166,304	109,044	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	13,905,207	13,883,028	13,857,268	13,502,368	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Surpluse	-	-	-	-	0	4,081,106	-	-	-	-	-	-	-	-	-	-	-
Cash	6,746,816	7,001,908	3,992,227	4,927,722	6,812,868	5,332,414	5,510,692	5,115,570	6,432,918	7,906,204	6,616,788	6,277,382	2,006,172	3,330,731	4,171,800	4,680,400	6,415,600
Cash And Short Term Investments	6,746,881	7,140,021	4,052,644	4,991,713	6,812,932	5,332,432	5,510,720	5,115,584	6,432,926	7,906,212	6,616,788	6,277,382	2,006,179	3,330,737	4,549,900	5,000,500	6,690,300
Common Stock	13,905,207	13,883,028	13,857,268	13,502,368	13,407,253	8,971,415	8,816,858	8,582,017	8,540,663	8,508,209	8,466,182	8,445,154	8,445,154	3,753,402	3,439,800	3,397,600	3,391,500
Common Stock Shares Outstanding	9,180,322	9,175,720	9,120,707	9,087,645	9,027,430	8,914,570	8,720,631	8,626,991	8,582,956	8,533,309	8,487,347	8,483,433	7,689,193	5,425,197	5,030,895	5,776,528	4,994,186
Good Will	13,932,546	12,948,304	13,171,073	13,238,212	13,755,420	13,503,850	9,958,252	9,371,959	7,648,517	7,452,633	-	-	-	-	-	-	-
Intangible Assets	7,790,141	7,686,095	7,553,288	7,688,491	8,420,866	9,649,183	4,248,233	3,443,747	1,900,037	939,881	8,327,153	7,605,498	8,563,450	8,326,345	7,460,900	7,059,100	6,971,700
Inventory	222,747	141,663	154,328	219,130	174,279	174,747	155,125	79,533	62,805	381,499	341,837	85,056	35,344	77,263	181,100	172,800	204,200
Liabilities And Stockholders Equity	65,489,925	61,723,461	60,494,573	58,117,120	64,137,549	65,449,178	53,919,196	47,314,182	41,739,760	41,023,887	38,718,876	36,547,627	36,447,992	36,871,607	43,371,900	41,007,000	40,530,300
Long Term Debt	14,819,079	14,773,895	9,194,490	14,646,553	14,796,319	15,135,472	14,045,000	11,966,000	11,862,000	10,956,000	-	-	-	-	-	-	-
Long Term Debt Total	23,231,228	22,668,171	16,592,107	17,316,820	16,051,205	16,257,131	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	-	-	-	-	-	-	8,517,000	7,678,000	7,194,000	6,850,000	-	-	-	-	-	-	-
Net Debt	22,474,674	20,372,127	21,674,333	17,296,300	12,537,425	17,036,511	10,996,050	8,821,345	7,003,457	4,751,858	4,842,575	4,406,192	10,316,666	16,692,233	7,752,600	7,405,500	5,800,200
Net Invested Capital	37,055,819	35,386,581	33,007,036	36,606,549	43,915,125	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	2,348,168	1,841,552	2,239,375	2,209,631	1,947,618	1,501,887	2,167,000	1,660,000	1,728,000	1,246,000	-	-	-	-	-	-	-
Net Working Capital	-7,942,085	-5,429,353	-14,811,839	-6,100,158	-6,493,598	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	60,139,809	55,997,121	57,008,152	51,553,015	58,109,262	60,000,130	46,261,465	40,811,068	34,257,385	32,215,018	31,144,267	29,680,870	33,446,620	32,275,484	35,091,700	33,182,100	30,753,800
Non Current Liabilities Other	307,754	422,817	559,351	309,989	461,991	0	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	27,131,895	26,688,338	19,976,290	22,238,151	21,111,081	21,923,657	17,904,200	16,010,657	14,077,264	13,032,690	11,343,485	11,758,806	11,630,137	11,444,021	12,147,600	12,609,300	13,235,400
Non Currrent Assets Other	1,590,267	1,642,152	915,220	859,298	678,998	516,020	330,462	228,562	304,698	132,379	6,339,972	6,827,669	491,013	330,752	2,430,400	1,046,200	1,041,200
Other Assets	435,347	318,667	339,443	586,961	413,823	689,951	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	5,440,993	4,682,944	5,318,679	7,091,169	4,814,523	4,981,421	4,190,961	3,121,252	2,744,130	2,427,872	2,448,339	2,057,658	1,656,212	1,668,913	4,398,600	3,488,100	3,536,000
Other Current Liab	10,243,407	9,797,309	12,618,574	10,268,955	11,020,802	10,396,403	8,093,496	7,127,815	5,218,435	5,280,434	249,820	796,431	221,329	195,478	2,542,300	942,600	912,500
Other Stockholder Equity	-2,654,833	-2,824,707	-4,323,447	-1,668,350	11,323,883	14,609,237	14,708,411	12,162,515	11,080,922	11,592,299	10,822,330	10,280,155	9,738,931	7,463,321	16,362,300	16,513,500	15,595,900
Property Plant And Equipment Net	35,958,501	33,014,542	34,570,929	27,290,458	26,909,970	27,466,131	23,133,644	19,933,487	17,106,708	16,585,314	16,161,531	15,130,246	15,815,333	14,959,670	23,983,300	24,026,500	22,320,900
Property Plant Equipment	35,958,501	33,014,542	34,570,929	27,290,458	26,909,970	27,481,605	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	6,754,950	6,582,821	6,646,972	5,642,781	10,673,329	8,365,683	10,223,000	9,848,000	9,323,000	9,700,000	-	-	-	-	-	-	-
Short Long Term Debt	4,231,416	2,971,544	7,631,753	4,483,197	4,387,670	7,124,409	17,137,000	14,501,000	13,546,000	12,849,000	-	-	-	-	-	-	-
Short Long Term Debt Total	29,221,490	27,374,035	25,666,560	22,224,022	19,350,293	22,368,925	16,506,742	13,936,915	13,436,375	12,658,062	11,459,363	10,683,574	12,322,838	20,022,964	11,924,400	12,085,900	12,215,800
Short Term Debt	5,990,262	4,705,864	9,074,453	4,907,202	4,553,974	7,233,453	2,462,086	1,992,221	1,683,988	1,892,371	2,227,939	699,591	2,149,374	9,476,912	2,177,200	1,803,100	1,414,100
Short Term Investments	65	138,113	60,417	63,991	64	18	28	14	8	8	-	-	7	6	378,100	320,100	274,700
Total Assets	72,550,430	67,961,749	66,533,803	63,855,027	69,910,996	70,488,730	56,118,271	49,127,437	43,497,246	42,930,601	40,551,231	38,100,966	37,144,355	37,352,397	44,221,300	41,843,500	41,184,300
Total Current Assets	12,410,621	11,964,628	9,525,651	12,302,012	11,801,734	10,488,600	9,856,806	8,316,369	9,239,861	10,715,583	9,406,964	8,420,096	3,697,735	5,076,913	9,129,600	8,661,400	10,430,500
Total Current Liabilities	20,352,706	17,393,981	24,337,490	18,402,170	18,295,332	19,944,869	12,489,727	10,558,993	8,040,911	7,890,689	8,086,879	6,063,512	6,633,770	14,210,863	11,422,200	8,486,600	8,307,500
Total Liab	47,484,601	44,082,319	44,313,780	40,640,321	39,406,413	41,868,526	30,393,927	26,569,650	22,118,175	20,923,379	19,430,364	17,822,318	18,263,907	25,654,884	23,569,800	21,095,900	21,542,900
Total Stockholder Equity	18,005,324	17,641,142	16,180,793	17,476,799	24,731,136	23,580,652	23,525,269	20,744,532	19,621,585	20,100,508	19,288,512	18,725,309	18,184,085	11,216,723	19,802,100	19,911,100	18,987,400

	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	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2009-06-30	2008-06-30
Accounts Payable	13,213,952	12,629,671	4,119,037	12,641,238	11,870,698	11,384,961	2,890,808	11,983,599	12,642,009	12,400,392	2,644,463	12,382,116	11,697,698	11,696,522	3,226,013	10,812,664	11,838,221	11,524,581	2,720,556	11,783,210	12,057,749	12,316,341	2,315,013	10,159,873	10,242,633	8,549,502	1,934,145	9,783,284	8,701,645	9,074,472	1,438,957	7,882,932	7,815,797	8,542,945	1,138,488	5,636,411	5,713,100	5,909,388	717,884	-680,444	-	-	4,389,509	-
Capital Lease Obligations	10,650,343	10,179,703	10,170,995	9,923,653	9,349,974	9,318,271	9,628,596	9,176,134	9,071,337	8,532,406	8,840,317	8,461,838	7,859,792	7,230,882	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	13,912,676	13,912,676	13,905,207	13,897,238	13,897,238	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	6,586,276	5,781,863	6,746,816	7,320,737	7,001,796	6,552,248	7,001,908	10,713,360	5,642,482	5,695,892	3,992,227	4,877,204	5,314,030	6,649,491	4,927,722	6,018,626	6,234,411	5,714,857	6,812,868	6,872,815	7,373,615	6,726,159	5,332,414	6,033,572	8,100,628	10,878,587	5,510,692	4,356,505	5,446,969	5,654,401	5,115,570	4,660,958	4,375,155	5,565,557	6,432,918	7,097,150	6,643,533	7,997,465	7,906,204	8,621,848	6,480,224	7,497,436	3,341,499	-
Cash And Short Term Investments	6,586,318	5,781,905	6,746,881	7,320,800	7,001,842	6,552,290	7,140,021	10,875,730	5,719,075	5,761,875	4,052,644	4,877,241	5,314,063	6,649,527	4,991,713	6,018,667	6,234,458	5,714,911	6,812,932	6,872,881	7,373,630	6,726,177	5,332,432	6,033,592	8,100,648	10,878,614	5,510,720	4,356,528	5,446,994	5,654,416	5,115,584	4,660,975	4,375,172	5,565,576	6,432,926	7,097,158	6,643,542	7,997,473	7,906,212	8,621,857	6,480,232	7,497,445	3,341,506	-
Common Stock	13,912,676	13,912,676	13,905,207	13,897,238	13,897,238	13,896,766	13,883,028	13,882,919	13,880,792	13,859,615	13,857,268	13,720,810	13,720,642	13,508,666	13,502,368	13,497,290	13,417,939	13,413,476	13,407,253	13,176,972	13,063,008	13,060,657	8,971,415	8,926,205	8,823,444	8,822,475	8,816,858	8,706,062	8,607,578	8,592,462	8,582,017	8,575,791	8,565,794	8,547,598	8,540,663	8,537,208	8,529,721	8,517,760	8,508,209	8,505,551	8,498,477	8,477,604	8,445,154	-
Common Stock Shares Outstanding	9,184,737	9,183,430	9,178,966	9,178,966	9,178,958	9,177,289	9,169,313	9,176,186	9,174,692	9,173,267	9,128,656	9,143,389	9,112,331	9,098,012	9,065,579	9,095,444	9,080,510	9,081,997	9,063,527	9,025,945	9,005,004	9,002,129	8,971,836	8,951,016	8,857,055	8,857,266	8,690,794	8,746,799	8,647,689	8,642,748	8,546,390	8,623,077	8,621,514	8,600,244	8,533,426	8,605,172	8,586,660	8,561,564	8,503,327	8,568,117	8,509,016	8,469,829	8,232,494	5,425,206
Good Will	-	-	13,932,546	-	-	-	12,948,304	-	-	-	13,171,073	-	-	-	13,238,212	-	-	-	13,755,420	-	-	-	13,503,850	-	-	-	9,958,252	-	-	-	9,371,959	-	-	-	7,648,517	-	-	-	7,452,633	-	-	-	-	-
Intangible Assets	-	21,444,783	7,790,141	20,910,118	20,992,939	20,802,894	7,686,095	19,968,992	20,532,243	20,355,357	7,553,288	21,099,734	20,606,120	20,630,873	7,688,491	-	-	-	8,420,866	-	-	-	9,649,183	-	-	-	4,248,233	-	-	-	3,443,747	-	-	-	1,900,037	-	-	-	939,881	-	-	-	-	-
Inventory	208,572	195,628	222,747	183,715	227,093	222,259	141,663	151,121	140,352	141,491	154,328	153,732	146,893	208,026	219,130	181,099	153,635	198,719	174,279	112,496	153,191	187,746	174,747	140,578	148,512	217,531	155,125	77,055	125,177	91,781	79,533	81,274	110,817	110,102	62,805	325,641	401,752	456,175	381,499	458,216	514,359	395,211	43,430	-
Liabilities And Stockholders Equity	71,078,268	63,169,788	65,489,925	62,901,691	61,824,763	60,923,673	61,723,461	64,735,545	62,065,112	61,248,290	60,494,573	61,460,020	60,846,845	61,601,967	58,117,120	59,094,613	58,802,695	60,570,724	64,137,549	63,939,554	65,191,028	65,882,861	65,449,178	60,916,410	62,219,862	57,050,205	53,919,196	51,237,326	49,475,273	49,342,055	47,314,182	44,971,375	44,388,962	47,281,224	41,739,760	41,417,800	41,521,600	42,476,176	41,023,887	41,386,972	39,486,326	40,281,329	37,671,488	-
Long Term Debt	17,892,315	14,395,775	14,819,079	14,837,463	15,403,530	14,818,234	14,773,895	16,194,683	10,227,559	8,867,607	9,194,490	13,166,993	14,019,891	14,721,240	-	-	-	-	-	-	-	-	-	-	-	15,862,000	14,045,000	11,775,000	11,650,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt Total	-	22,693,522	23,231,228	22,978,313	22,962,629	22,160,131	22,668,171	23,709,965	-	15,817,494	16,592,107	20,082,976	20,551,156	21,142,028	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,331,000	8,517,000	8,605,000	7,952,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	29,266,434	23,060,550	22,474,674	20,386,122	20,320,353	20,419,964	20,372,127	19,873,237	21,195,454	20,750,524	21,674,333	20,821,481	20,295,621	19,782,840	17,296,300	13,451,251	12,437,961	12,439,960	12,537,425	12,466,146	12,725,336	13,953,016	17,036,511	13,820,827	13,397,719	10,413,370	10,996,050	9,292,747	8,618,331	8,535,127	8,821,345	9,129,883	9,885,915	9,536,903	7,003,457	6,319,207	7,142,859	5,003,420	4,751,858	4,792,159	5,325,892	3,844,149	11,572,076	-
Net Invested Capital	41,820,043	35,522,166	37,055,819	35,671,599	35,714,158	35,053,411	35,386,581	37,190,767	33,913,584	33,510,801	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	5,368,602	5,046,041	5,060,933	4,295,562	4,296,281	4,514,139	4,362,395	3,811,239	4,393,911	5,509,172	4,721,973	4,783,869	4,640,227	4,573,377	-	-	-	-	-	-	-	-	-	-	-	3,763,000	2,167,000	3,714,000	3,455,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Working Capital	-11,172,771	-8,404,935	-7,942,085	-6,041,222	-5,195,699	-5,832,692	-5,429,353	-6,860,609	-13,892,744	-14,571,098	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	66,440,202	59,049,754	60,139,809	57,622,327	56,755,100	55,943,943	55,997,121	55,878,240	57,563,986	55,466,585	57,008,152	57,300,491	56,242,879	55,665,463	51,553,015	53,080,215	52,217,770	55,642,571	58,109,262	58,328,689	58,776,178	59,548,174	60,000,130	54,390,624	53,317,538	44,176,752	46,261,465	45,051,855	42,181,156	41,759,477	40,811,068	38,764,208	38,184,474	39,945,352	34,257,385	33,064,552	33,548,033	33,170,018	32,215,018	31,618,996	31,853,524	31,586,278	33,157,130	-
Non Current Liabilities Other	-	276,779	307,754	338,730	362,135	392,476	422,817	440,527	507,085	474,453	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	30,982,840	26,731,225	27,131,895	26,944,830	27,227,784	26,268,752	26,688,338	27,128,609	21,286,502	19,243,239	19,976,290	25,002,941	25,388,349	26,059,098	22,238,151	21,457,188	22,077,764	21,144,925	21,111,081	21,381,795	20,543,684	21,082,174	21,923,657	19,758,915	20,913,166	19,548,346	17,904,200	15,437,931	15,609,116	15,856,335	16,010,657	14,018,910	14,974,916	15,557,971	14,077,264	14,259,305	14,270,156	13,626,864	13,032,690	13,328,201	12,307,872	11,559,936	14,897,798	-
Non Currrent Assets Other	1,679,213	22,934,963	1,590,267	22,517,719	22,542,258	1,534,972	1,642,152	1,615,461	1,495,732	936,181	915,220	722,411	771,416	756,749	859,298	438,000	442,401	419,797	678,998	250,897	230,253	389,047	516,020	254,976	223,102	208,205	330,462	358,067	198,417	213,788	228,562	200,880	226,558	215,790	304,698	275,822	150,157	115,489	132,379	122,352	141,987	127,304	472,658	-
Other Assets	-	369,067	435,347	322,992	270,687	310,293	318,667	234,385	332,443	345,774	339,443	379,231	498,139	602,539	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	5,510,091	5,196,639	5,440,993	4,522,731	4,430,362	4,648,210	4,682,944	3,939,172	4,879,454	5,933,796	5,318,679	5,117,383	4,992,690	4,880,636	7,091,169	5,457,965	5,919,285	4,551,464	4,814,523	4,685,013	5,017,874	5,056,210	4,981,421	4,297,167	4,434,771	3,903,535	4,190,961	3,848,324	3,572,010	3,661,317	3,121,252	3,164,477	3,238,133	3,385,422	2,744,130	2,753,638	2,879,707	2,851,647	2,427,872	2,512,748	2,455,184	2,498,163	1,659,560	-
Other Current Liab	939,584	800,545	10,243,407	698,684	624,778	1,058,409	9,797,309	2,966,401	2,854,330	3,378,946	12,618,574	1,807,022	1,484,002	1,693,776	10,268,955	2,736,933	1,468,354	1,014,523	11,020,802	1,374,950	1,189,299	669,039	10,396,403	1,529,235	1,994,302	469,829	8,093,496	1,045,235	1,542,097	348,508	7,127,815	1,187,475	348,694	300,961	5,218,435	1,082,103	422,477	326,900	5,280,434	7,061,739	5,841,477	6,442,345	230,670	-
Other Stockholder Equity	-3,321,023	-3,260,476	-2,654,833	3,991,155	-2,746,653	-2,697,358	-2,824,707	1,897,385	2,266,193	1,737,176	-4,323,447	-2,929,117	-2,708,535	-2,569,856	-1,668,350	5,624,036	6,739,153	9,966,388	11,323,883	11,890,434	12,530,570	12,558,220	14,609,237	14,469,338	13,724,035	14,228,928	14,708,411	14,390,429	12,599,938	13,152,511	12,162,515	11,154,920	10,858,986	11,787,722	11,080,922	10,422,406	10,719,313	12,312,000	11,592,299	11,026,589	11,124,427	11,722,272	8,521,057	-
Property Plant And Equipment Net	40,694,142	35,271,459	35,958,501	34,298,582	33,442,125	32,804,991	33,014,542	33,685,579	34,769,276	33,398,991	34,570,929	34,279,601	33,305,025	32,359,527	27,290,458	27,449,634	26,808,567	25,841,812	26,909,970	26,721,645	26,899,110	27,050,711	27,466,131	25,007,902	24,202,503	21,741,936	23,133,644	22,318,976	20,642,152	20,306,111	19,933,487	18,258,538	18,158,879	18,970,657	17,106,708	16,197,018	17,190,470	16,912,969	16,585,314	16,114,682	16,286,819	15,896,497	15,773,417	-
Property Plant Equipment	-	35,271,459	35,958,501	34,298,582	33,442,125	32,804,991	33,014,542	33,685,579	34,769,276	33,398,991	34,570,929	34,279,601	33,305,025	32,359,527	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	6,026,023	6,207,256	6,754,950	6,920,765	6,591,398	6,200,062	6,582,821	4,821,406	4,663,054	4,579,492	6,646,972	5,860,539	6,206,194	5,923,458	5,642,781	-	-	-	-	-	-	-	-	-	-	10,587,000	10,223,000	10,038,000	9,843,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	7,310,052	4,266,935	4,231,416	2,945,743	2,568,645	2,835,707	2,971,544	5,215,780	7,539,040	9,046,403	7,631,753	4,069,854	3,729,968	4,480,209	-	-	-	-	-	-	-	-	-	-	-	21,294,000	17,137,000	13,650,000	14,065,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	35,852,710	28,842,413	29,221,490	27,706,859	27,322,149	26,972,212	27,374,035	30,586,597	26,837,936	26,446,416	25,666,560	25,698,685	25,609,651	26,432,331	22,224,022	19,469,877	18,672,372	18,154,817	19,350,293	19,338,961	20,098,951	20,679,175	22,368,925	19,854,399	21,498,347	21,291,957	16,506,742	13,649,252	14,065,300	14,189,528	13,936,915	13,790,841	14,261,070	15,102,460	13,436,375	13,416,357	13,786,392	13,000,885	12,658,062	13,414,007	11,806,116	11,341,585	14,913,575	-
Short Term Debt	9,324,216	6,148,891	5,990,262	4,728,546	4,359,520	4,812,081	4,705,864	6,876,632	9,135,286	10,628,922	9,074,453	5,615,709	5,058,495	5,290,303	4,907,202	4,966,502	3,261,264	3,506,831	4,553,974	4,332,193	5,806,718	6,196,430	7,233,453	6,072,844	6,522,282	5,431,125	2,462,086	1,874,385	2,414,899	2,317,767	1,992,221	2,151,347	1,824,775	2,544,027	1,683,988	1,480,367	1,866,833	1,783,264	1,892,371	2,145,336	1,714,073	2,079,172	1,187,300	-
Short Term Investments	42	42	65	63	46	42	138,113	162,370	76,593	65,983	60,417	37	33	36	63,991	41	47	54	64	66	15	18	18	20	20	27	28	23	25	15	14	17	17	19	8	8	9	8	8	9	8	9	7	-
Total Assets	78,745,183	70,223,926	72,550,430	69,649,573	68,414,397	67,366,702	67,961,749	70,844,263	68,302,867	67,303,747	66,533,803	67,448,847	66,696,525	67,403,652	63,855,027	64,737,946	64,525,148	66,107,665	69,910,996	69,999,079	71,320,873	71,518,307	70,488,730	64,861,961	66,001,469	59,176,432	56,118,271	53,333,762	51,325,337	51,166,991	49,127,437	46,670,934	45,908,596	49,006,452	43,497,246	43,240,989	43,473,034	44,475,313	42,930,601	43,211,817	41,303,299	41,977,097	38,201,626	-
Total Current Assets	12,304,981	11,174,172	12,410,621	12,027,246	11,659,297	11,422,759	11,964,628	14,966,023	10,738,881	11,837,162	9,525,651	10,148,356	10,453,646	11,738,189	12,302,012	11,657,731	12,307,378	10,465,094	11,801,734	11,670,390	12,544,695	11,970,133	10,488,600	10,471,337	12,683,931	14,999,680	9,856,806	8,281,907	9,144,181	9,407,514	8,316,369	7,906,726	7,724,122	9,061,100	9,239,861	10,176,437	9,925,001	11,305,295	10,715,583	11,592,821	9,449,775	10,390,819	5,044,496	-
Total Current Liabilities	23,477,752	19,579,107	20,352,706	18,068,468	16,854,996	17,255,451	17,393,981	21,826,632	24,631,625	26,408,260	24,337,490	19,804,847	18,240,195	18,680,601	18,402,170	18,516,099	16,567,839	16,045,935	18,295,332	17,490,353	19,053,766	19,181,810	19,944,869	17,761,952	18,759,217	14,450,456	12,489,727	12,702,904	12,658,641	11,740,747	10,558,993	11,221,754	9,989,266	11,387,933	8,040,911	8,198,881	8,002,410	8,019,552	7,890,689	8,526,631	7,555,550	8,521,517	5,807,479	-
Total Liab	54,460,592	46,310,332	47,484,601	45,013,298	44,082,780	43,524,203	44,082,319	48,955,241	45,918,127	45,651,499	44,313,780	44,807,788	43,628,544	44,739,699	40,640,321	39,973,287	38,645,603	37,190,860	39,406,413	38,872,148	39,597,450	40,263,984	41,868,526	37,520,867	39,672,383	33,998,802	30,393,927	28,140,835	28,267,757	27,597,082	26,569,650	25,240,664	24,964,182	26,945,904	22,118,175	22,458,186	22,272,566	21,646,416	20,923,379	21,854,832	19,863,422	20,081,453	20,705,277	-
Total Stockholder Equity	16,617,676	16,859,456	18,005,324	17,888,393	17,741,983	17,399,470	17,641,142	15,780,304	16,146,985	15,596,791	16,180,793	16,652,232	17,218,301	16,862,268	17,476,799	19,121,326	20,157,092	23,379,864	24,731,136	25,067,406	25,593,578	25,618,877	23,580,652	23,395,543	22,547,479	23,051,403	23,525,269	23,096,491	21,207,516	21,744,973	20,744,532	19,730,711	19,424,780	20,335,320	19,621,585	18,959,614	19,249,034	20,829,760	20,100,508	19,532,140	19,622,904	20,199,876	16,966,211	-

Cash Flow

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31
Begin Period Cash Flow	6,722,162	3,015,105	3,787,748	6,471,658	4,649,422	4,560,665	4,867,239	6,010,793	7,894,464	6,046,406	6,258,146	1,980,229	3,236,757	1,889,543	4,666,400	6,401,000	8,791,100
Capital Expenditures	7,064,523	5,138,184	7,200,364	7,211,135	5,013,423	6,567,323	5,093,759	4,002,708	4,994,587	5,462,079	4,658,190	2,964,295	3,289,755	5,364,090	6,205,700	5,891,200	4,168,600
Change In Cash	-409,832	3,707,057	-772,643	-2,683,910	1,822,236	88,757	-306,574	-1,143,554	-1,883,671	1,848,058	-211,740	4,277,917	-1,256,528	1,347,214	-573,500	-1,734,600	-2,390,100
Change In Working Capital	-30,190	46,528	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation	-	8,103,743	6,950,582	7,189,769	5,988,077	5,595,223	4,170,049	3,656,294	3,363,072	3,184,747	3,147,063	3,941,912	2,860,346	2,338,465	4,143,500	4,039,000	3,444,500
Dividends Paid	-825,539	-852,732	-613,669	-691,114	-379,252	-790,477	-722,152	-1,884,995	-2,985,725	-1,954,275	-1,184,230	-	-200	-	-1,438,400	-1,001,900	-1,016,300
End Period Cash Flow	6,312,330	6,722,162	3,015,105	3,787,748	6,471,658	4,649,422	4,560,665	4,867,239	6,010,793	7,894,464	6,046,406	6,258,146	1,980,229	3,236,757	4,092,900	4,666,400	6,401,000
Free Cash Flow	1,772,491	1,998,517	1,338,250	-1,241,289	719,528	207,778	1,196,961	1,581,206	653,656	1,374,902	1,127,058	2,958,957	1,346,560	-2,976,295	-258,700	-551,400	1,335,700
Investments	-8,116,898	-3,638,591	-5,099,659	-7,973,059	-5,166,539	-10,835,217	-	-	-	-	-	-	-	-	-	-	-
Issuance Of Capital Stock	0	184,092	-	10,963	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	818,900	365,155	1,457,550	-5,034,573	909,480	504,254	2,554,000	2,365,000	2,550,000	2,513,000	-	-	-	-	-	-	-
Other Cashflows From Financing Activities	3,498,817	938,409	-3,552,126	7,169,431	7,690,300	9,907,582	5,399,583	3,984,211	2,919,714	7,919,574	2,689,084	6,891,660	2,122,081	13,907,292	2,636,600	2,311,300	763,900
Other Cashflows From Investing Activities	-1,052,375	1,564,470	2,170,526	-761,924	-153,116	-4,267,894	-1,246,074	-	-	-	-	-	-	-	-	-	-
Other Non Cash Items	-818,900	-8,468,898	-8,408,132	-2,155,196	-6,897,557	-5,595,223	-4,170,049	-3,656,294	-3,363,072	-3,184,747	-3,147,063	-3,941,912	-2,860,346	-2,338,465	-4,143,500	-4,039,000	-3,444,500
Sale Purchase Of Stock	-309	-40,469	16,389	10,963	7,650	678,091	42,778	-	-	-	-	-	-	-	-	-	-
Total Cash From Financing Activities	-1,216,542	229,300	-4,165,795	-547,606	1,247,666	4,290,912	-475,934	-396,518	-2,133,663	-237,561	-640,590	-855,217	-2,768,296	10,550,820	-586,300	-501,800	-1,329,200
Total Cash From Operating Activities	8,806,824	7,183,229	8,538,614	5,969,846	5,732,951	6,775,101	6,291,000	5,584,000	5,648,000	6,837,000	-	-	-	-	-	-	-
Total Cashflows From Investing Activities	-8,116,898	-3,638,591	-5,099,659	-7,973,059	-5,166,539	-10,835,217	-6,340,000	-6,347,000	-5,367,000	-5,143,000	-	-	-	-	-	-	-

	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	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31
Begin Period Cash Flow	5,251,077	6,312,330	6,674,225	5,958,471	5,622,566	6,722,163	10,011,730	5,008,708	5,005,144	3,015,105	3,610,161	3,944,559	5,539,595	3,787,748	5,851,355	5,890,875	5,378,955	6,471,658	6,558,926	7,176,965	6,517,061	4,649,422	5,492,339	7,188,630	10,649,622	4,560,665	4,061,652	5,150,477	5,567,439	4,867,239	4,510,145	4,052,096	5,411,826	6,010,792	7,023,334	6,574,467	7,919,758	7,894,464	8,147,495	5,990,134	7,020,477	6,046,406
Capital Expenditures	3,616,806	1,789,789	1,789,047	1,819,998	2,074,037	1,381,441	1,398,330	1,208,733	1,489,429	1,041,692	2,322,400	1,760,334	1,428,702	1,688,928	1,596,667	1,950,626	1,957,133	1,706,709	1,413,608	566,113	1,624,077	1,409,625	2,882,970	1,588,704	1,056,388	1,039,261	1,436,711	854,143	1,852,099	950,806	1,260,311	962,499	948,737	831,161	1,395,339	1,173,894	1,195,416	1,229,938	1,473,063	2,428,758	613,853	946,405
Change In Cash	796,277	-1,061,253	-361,895	715,754	335,905	-1,099,597	-3,289,568	5,003,022	3,564	1,990,039	-595,056	-334,398	-1,595,036	1,751,847	-2,063,607	-39,520	511,920	-1,092,703	-87,268	-618,039	659,904	1,867,639	-842,917	-1,696,291	-3,460,992	6,088,957	499,013	-1,088,825	-416,962	700,200	357,094	458,049	-1,359,730	-598,966	-1,012,541	448,867	-1,345,291	25,294	-253,031	2,157,361	-1,030,343	974,071
Change In Working Capital	-	12,947	-30,190	-21,953	-16,126	28,173	46,528	-13,348	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation	-	-	-	-	-	-	2,650,904	1,762,142	-	1,848,469	-	-	-	-	2,796,074	-	-	-	-	1,498,493	-	1,517,982	-	-	1,390,518	1,165,000	1,150,000	1,032,224	1,010,000	-	-	-	-	-	803,774	-	-	851,699	-	-	-	-
Dividends Paid	0	-504,724	-825,539	-366,908	-458,631	-	-440,129	-412,603	-412,603	-	-395,362	0	-218,307	-	-453,487	-	-	-	-223,244	-	-	-	-228,578	-	-	-	-92,558	-629,594	-	-	-686,177	-	-	-	-682,976	-	-	-	-645,647	43,610	-	-
End Period Cash Flow	6,047,354	5,251,077	6,312,330	6,674,225	5,958,471	5,622,566	6,722,162	10,011,730	5,008,708	5,005,144	3,015,105	3,610,161	3,944,559	5,539,595	3,787,748	5,851,355	5,890,875	5,378,955	6,471,658	6,558,926	7,176,965	6,517,061	4,649,422	5,492,339	7,188,630	10,649,622	4,560,665	4,061,652	5,150,477	5,567,439	4,867,239	4,510,145	4,052,096	5,411,826	6,010,793	7,023,334	6,574,467	7,919,758	7,894,464	8,147,495	5,990,134	7,020,477
Free Cash Flow	-1,001,145	318,658	-221,621	1,098,435	858,474	37,203	-13,738	787,233	747,028	477,994	-315,250	872,673	699,480	81,347	-330,003	-334,353	415,021	-991,954	-194,847	518,031	-322,982	719,326	-825,717	705,364	468,280	-140,149	-383,480	952,024	26,275	602,142	-12,066	514,439	834,241	244,592	-65,316	474,315	291,141	-46,484	591,817	221,694	-209,732	771,123
Investments	-6,359,805	-1,798,861	-2,998,273	-1,420,115	-2,040,123	-1,658,387	-1,142,225	-1,108,632	-1,044,312	-343,422	-2,032,001	-1,566,247	-1,489,710	-11,701	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-106,380	-42,974	116,025	349,561	277,756	75,560	-255,960	352,991	80,018	188,106	424,701	119,702	204,094	709,053	-1,661,923	132,065	-3,357,307	-147,408	24,725	238,534	407,205	239,016	-309,496	256,558	188,934	368,256	467,236	891,387	610,758	584,839	594,932	631,034	447,820	674,878	575,632	715,047	644,777	614,565	571,100	709,918	666,638	565,629
Other Cashflows From Financing Activities	5,387,974	-60,340	1,754,197	452,564	983,406	-150,290	-3,120,998	8,035,212	1,228,515	1,512,492	-7,693	985,667	309,528	618,365	1,858,955	1,247,774	1,593,672	2,231,403	-101,706	1,226,282	2,210,518	4,199,198	1,820,508	-525,613	1,618,276	6,432,512	3,847,322	1,035,820	440,476	75,965	1,600,188	531,035	-1,098,530	1,752,700	783,255	618,892	-1,371,099	585,917	90,958	6,294,712	-228,886	512,188
Other Cashflows From Investing Activities	-	-9,072	-1,052,375	156,851	-243,032	-276,946	1,564,470	1,243,488	1,143,387	698,270	2,170,526	1,810,306	1,616,219	1,677,227	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non Cash Items	-	42,974	-116,025	-349,561	-277,756	-75,560	-2,394,944	-2,115,133	-80,018	-2,036,575	-424,701	-119,702	-204,094	-709,053	-1,134,151	-132,065	3,357,307	147,408	-24,725	-1,737,027	-407,205	-1,756,998	309,496	-256,558	-1,579,452	-368,256	-467,236	-1,923,611	-610,758	-584,839	-594,932	-631,034	-447,820	-674,878	-1,379,406	-715,047	-644,777	-1,466,264	-571,100	-709,918	-666,638	-565,629
Sale Purchase Of Stock	0	31,117	-309	-319	-319	-319	143,623	-1	-40,468	-	16,389	16,389	16,389	4,158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cash From Financing Activities	4,601,663	-1,185,767	1,110,202	-908,561	-532,200	-885,983	-3,561,127	4,167,876	-1,235,877	858,428	-403,055	-1,397,400	-2,251,427	-113,913	-666,724	74,826	502,072	-457,780	1,407,485	-683,342	692,818	-169,295	152,600	-2,675,842	1,046,074	5,768,080	2,373,261	-2,438,080	-299,945	-111,170	370,599	-191,298	-2,180,928	1,605,109	-820,133	838	-1,693,647	379,279	-1,416,055	1,909,580	-901,864	170,778
Total Cash From Operating Activities	-	2,121,394	8,806,824	7,247,635	4,335,029	1,446,817	7,183,229	5,738,761	3,756,143	1,519,686	8,538,614	6,531,464	3,898,457	1,770,275	-	-	-	-	-	-	-	-	-	-	-	899,000	1,053,000	1,806,000	1,878,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cashflows From Investing Activities	-	-1,798,861	-8,116,898	-5,118,625	-3,698,510	-1,658,387	-3,638,591	-2,496,366	-1,387,734	-343,422	-5,099,659	-3,067,658	-1,501,411	-11,701	-	-	-	-	-	-	-	-	-	-	-	-515,000	-2,894,000	-780,000	-1,862,000	-	-	-	-	-	-	-	-	-	-	-	-	-

Income Statement

Currency in MYR. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31
Cost Of Revenue	4,350,734	3,677,900	5,363,152	6,318,047	5,872,119	4,870,555	5,149,896	4,751,843	4,430,724	3,847,499	1,675,450	-	-	-	-	-	-
Depreciation And Amortization	7,576,006	8,103,743	6,950,582	7,189,769	5,988,077	5,595,223	4,170,049	3,656,294	3,363,072	3,184,747	3,147,063	3,941,912	2,860,346	2,338,465	4,143,500	4,039,000	3,444,500
Ebit	2,837,104	2,072,528	3,744,187	-2,911,866	2,896,054	2,191,461	4,092,149	3,864,126	4,050,161	4,097,661	4,214,701	3,767,867	3,425,252	2,020,254	3,963,500	3,755,100	2,183,800
Ebitda	10,413,110	10,176,271	10,694,769	4,277,903	8,884,131	7,786,684	8,262,198	7,520,420	7,413,233	7,282,408	7,361,764	7,709,779	6,285,598	4,358,719	8,107,000	7,794,100	5,628,300
Gross Profit	21,549,927	20,525,271	19,220,160	17,567,734	18,530,282	16,694,837	14,733,564	13,959,934	13,940,117	13,804,118	13,551,301	-	-	-	-	-	-
Income Before Tax	2,173,618	1,171,117	2,872,201	-4,345,688	1,936,231	1,139,580	3,331,142	3,114,456	3,533,039	3,761,794	3,576,599	3,205,738	2,666,221	905,815	3,142,600	3,133,200	1,520,400
Income Tax Expense	896,737	547,072	1,057,105	901,552	773,749	482,422	695,074	770,043	794,462	882,217	864,349	1,089,158	910,313	434,723	511,000	830,900	664,900
Interest Expense	1,121,467	1,160,301	1,229,532	1,221,155	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	-1,644,459	-1,323,767	-1,452,386	-1,688,013	-1,063,816	-1,587,626	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-457,981	-258,890	-357,546	212,667	-253,002	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	818,900	365,155	1,457,550	-5,034,573	909,480	504,254	2,554,220	2,348,665	2,550,021	2,513,285	2,712,250	2,116,580	1,755,908	471,092	2,631,600	2,302,300	855,500
Net Income Applicable To Common Shares	818,900	365,155	1,457,550	-4,762,025	909,480	504,254	2,554,220	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	1,276,881	624,045	1,815,096	-5,247,240	1,162,482	657,158	-	-	-	-	-	-	-	-	-	-	-
Net Interest Income	-1,357,962	-1,455,160	-1,455,396	-999,696	-971,018	-1,021,391	-	-	-	-	-	-	-	-	-	-	-
Operating Income	3,818,582	2,686,674	4,024,005	1,391,000	3,389,533	2,515,254	3,192,664	3,420,151	4,020,776	4,328,316	4,000,007	3,450,577	3,213,996	1,980,368	3,483,300	3,490,600	1,768,800
Other Operating Expenses	22,082,079	21,516,497	20,559,307	22,494,781	21,012,868	19,050,138	16,690,796	15,291,626	14,350,065	13,323,301	11,226,744	12,170,097	9,891,058	9,367,343	14,359,600	12,908,600	12,173,600
Reconciled Depreciation	7,576,006	8,103,743	7,063,827	7,270,909	5,988,077	-	-	-	-	-	-	-	-	-	-	-	-
Selling And Marketing Expenses	2,192,658	1,892,272	2,144,706	2,272,963	2,214,079	1,917,022	1,528,427	1,522,963	1,556,815	1,512,112	1,526,634	1,471,981	-	-	-	-	-
Selling General Administrative	221,646	206,754	348,773	254,253	235,067	323,670	237,024	276,932	218,054	238,169	-	-	-	-	-	-	-
Tax Provision	896,737	547,072	964,644	901,552	773,749	482,422	695,074	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	17,731,345	17,838,597	15,196,155	16,176,734	15,140,749	14,179,583	11,540,900	10,539,783	9,919,341	9,475,802	9,551,294	12,170,097	9,891,058	9,367,343	14,359,600	12,908,600	12,173,600
Total Other Income Expense Net	-1,644,964	-1,515,557	-1,151,804	-5,736,688	-1,453,302	1,375,674	-138,478	305,695	487,737	566,522	423,408	244,839	547,775	1,074,553	340,700	357,400	248,400
Total Revenue	25,900,661	24,203,171	24,583,312	23,885,781	24,402,401	21,565,392	19,883,460	18,711,777	18,370,841	17,651,617	15,226,751	15,620,674	13,105,054	11,347,711	17,842,900	16,399,200	13,942,400

	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	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2009-06-30	2008-06-30
Cost Of Revenue	538,513	525,369	2,831,605	573,079	528,876	417,174	2,382,782	460,999	417,555	416,564	3,883,133	447,204	502,143	530,672	4,504,304	600,128	611,211	602,404	704,224	686,153	668,921	641,425	570,318	515,495	513,478	496,832	3,533,125	536,071	444,915	635,784	2,903,978	656,832	623,908	567,124	2,463,068	633,649	651,141	682,866	-	-	-	-	-	-
Depreciation And Amortization	1,879,377	1,860,543	1,713,667	1,983,974	1,903,392	1,974,973	2,650,904	1,762,142	1,842,228	1,848,469	1,754,735	1,846,046	1,706,761	1,646,273	2,796,074	1,511,446	1,489,038	1,393,211	1,526,092	1,498,493	1,443,646	1,517,982	1,808,302	1,302,627	1,390,518	1,165,058	1,154,005	1,032,224	1,000,068	983,750	981,085	944,215	892,938	838,057	803,774	853,216	854,383	851,699	816,536	786,866	811,808	769,537	820,373	537,904
Ebit	628,675	622,797	456,526	923,815	844,318	612,447	-513,881	1,039,243	756,431	827,927	573,571	840,931	1,018,632	1,311,053	-1,071,935	651,802	-2,782,879	291,146	640,343	770,923	837,253	688,079	32,342	719,873	660,975	774,668	1,059,370	1,176,913	938,607	917,261	1,000,732	951,693	762,326	1,149,373	896,836	1,041,056	1,093,471	1,018,798	938,747	1,096,865	1,074,647	987,402	833,547	550,540
Ebitda	2,508,052	2,483,340	2,170,193	2,907,789	2,747,710	2,587,420	2,137,023	2,801,385	2,598,659	2,676,396	2,328,306	2,686,977	2,725,393	2,957,326	1,724,139	2,163,248	-1,293,841	1,684,357	2,166,435	2,269,416	2,280,899	2,206,061	1,840,644	2,022,500	2,051,493	1,939,726	2,213,375	2,209,137	1,938,675	1,901,011	1,981,817	1,895,908	1,655,264	1,987,430	1,700,610	1,894,272	1,947,854	1,870,497	1,755,283	1,883,731	1,886,455	1,756,939	1,653,920	1,088,444
Gross Profit	6,165,744	5,944,582	4,072,010	5,969,884	5,861,188	5,646,845	3,879,734	5,650,658	5,374,859	5,620,020	2,383,874	5,766,050	5,651,471	5,418,765	1,762,691	5,403,344	5,255,854	5,145,845	5,556,871	5,515,615	5,389,645	5,239,547	5,219,104	4,941,537	4,796,619	4,512,009	1,827,311	4,529,037	4,262,281	4,114,936	1,909,444	3,996,068	4,106,525	3,947,898	2,049,193	4,113,669	3,978,244	3,799,011	2,139,008	4,548,015	4,424,512	4,255,825	3,163,524	2,929,612
Income Before Tax	286,749	253,220	548,772	658,284	604,595	361,968	-533,860	724,473	405,810	611,886	724,421	533,517	637,471	976,792	-1,710,794	381,629	-3,058,198	41,675	410,578	562,053	571,271	392,329	-273,642	451,548	409,576	552,096	829,689	1,027,312	784,181	689,961	840,449	747,186	511,851	1,014,969	726,566	918,059	972,711	915,703	872,664	972,212	1,011,784	905,134	878,621	575,382
Income Tax Expense	300,100	262,511	337,270	195,162	189,727	174,578	-135,452	256,804	249,326	213,586	228,135	285,920	349,972	193,078	309,939	196,104	259,477	136,032	308,277	242,981	92,194	130,297	-1,580	155,798	177,308	150,896	314,449	72,229	154,557	153,840	226,730	139,812	118,498	285,003	140,239	148,278	265,448	240,497	215,058	163,798	243,173	260,188	306,710	183,902
Interest Expense	434,955	403,260	3,231	379,092	376,835	362,309	-122,469	429,448	427,087	426,235	-79,265	435,309	464,566	408,922	280,049	323,633	314,951	302,522	307,341	289,408	337,854	318,766	343,418	307,517	294,733	255,516	277,685	213,297	173,292	178,582	179,070	180,847	196,008	189,492	180,965	177,731	183,246	163,736	152,589	223,149	164,836	161,585	-	-
Interest Income	43,721	36,735	-398,338	-389,287	-343,952	-512,880	-158,188	-281,060	-884,518	-543,444	-329,035	65,886	55,022	56,381	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-93,029	-33,683	-95,477	-113,561	-137,112	-111,830	142,448	-114,678	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-106,380	-42,974	116,025	349,561	277,756	75,560	-255,960	352,991	80,018	188,106	424,701	119,702	204,094	709,053	-1,661,923	132,065	-3,357,307	-147,408	24,725	238,534	407,205	239,016	-309,496	256,558	188,934	368,256	467,236	891,387	610,758	584,839	594,932	631,034	447,820	674,878	575,632	715,047	644,777	614,565	571,100	709,918	666,638	565,629	526,837	366,638
Net Income Applicable To Common Shares	-	-42,974	116,024	349,561	277,756	75,560	-255,959	352,991	268,124	188,106	424,701	119,702	204,094	725,165	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	-13,351	-9,291	211,502	463,122	414,868	187,390	-398,408	467,669	156,484	398,300	496,286	247,597	287,499	783,714	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Interest Income	-391,234	-366,525	-350,351	-339,939	-339,832	-327,840	-309,544	-382,531	-378,987	-384,098	-323,888	-369,423	-409,544	-352,541	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	1,119,727	1,063,728	1,244,485	889,381	939,596	745,201	-238,982	1,121,167	752,511	1,089,170	664,411	1,011,095	1,109,201	1,236,065	2,646,997	762,739	-2,719,709	700,973	692,024	956,938	899,336	700,977	463,746	823,837	858,478	734,646	341,470	1,238,084	814,161	798,953	697,973	897,519	855,436	969,220	995,145	1,064,991	1,026,541	934,099	1,059,156	1,076,549	1,137,805	1,054,806	543,363	741,258
Other Operating Expenses	5,584,530	5,406,223	5,659,130	5,653,582	5,450,468	5,318,818	6,501,498	4,990,490	5,039,903	4,947,414	5,602,596	5,202,159	5,044,413	4,713,372	3,619,998	5,240,733	8,586,774	5,047,276	5,569,071	5,244,830	5,159,230	5,179,995	5,325,676	4,633,195	4,451,619	4,274,195	5,018,966	3,827,024	3,893,035	3,951,767	4,115,449	3,755,381	3,874,997	3,545,802	3,517,116	3,682,327	3,602,844	3,547,778	3,364,109	3,471,466	3,286,707	3,201,019	2,620,161	2,188,354
Reconciled Depreciation	1,879,377	1,860,543	1,713,667	1,983,974	1,903,392	1,974,973	2,650,904	1,762,142	1,842,228	1,848,469	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling And Marketing Expenses	534,164	537,348	576,305	566,023	567,573	482,756	542,478	440,084	412,348	497,362	663,508	475,962	516,257	488,979	649,452	506,784	565,847	550,880	553,444	529,314	537,972	488,025	531,356	472,696	403,584	409,963	487,104	375,180	343,519	322,624	454,602	344,250	373,269	350,842	423,652	397,937	380,409	354,817	390,210	373,698	363,041	385,163	-	-
Selling General Administrative	534,164	537,348	571,794	579,992	599,693	511,075	632,888	440,084	909,710	573,354	520,272	475,962	516,257	488,979	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-575,952	278,275	271,761	264,085	-	-
Tax Provision	300,100	262,511	337,270	195,162	189,727	174,578	-135,452	256,804	425,720	194,396	228,135	285,920	349,972	193,078	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	5,046,017	4,880,854	2,827,525	5,080,503	4,921,592	4,901,644	4,118,716	4,529,491	4,622,348	4,530,850	1,719,463	4,754,955	4,542,270	4,182,700	-884,306	4,640,605	7,975,563	4,444,872	4,864,847	4,558,677	4,490,309	4,538,570	4,755,358	4,117,700	3,938,141	3,777,363	1,485,841	3,290,953	3,448,120	3,315,983	1,211,471	3,098,549	3,251,089	2,978,678	1,054,048	3,048,678	2,951,703	2,864,912	-483,390	3,471,466	3,286,707	3,201,019	2,620,161	2,188,354
Total Other Income Expense Net	-832,978	-810,508	-695,713	-231,097	-335,001	-383,233	-294,878	396,694	346,701	477,284	-60,010	477,578	471,730	259,273	4,357,791	381,110	338,489	659,298	281,446	394,885	328,065	308,648	737,388	372,289	448,902	182,550	-488,219	210,772	29,980	108,992	-142,476	150,333	343,585	-45,749	268,579	146,932	53,830	18,396	186,492	104,337	126,021	149,672	-335,258	165,876
Total Revenue	6,704,257	6,469,951	6,903,615	6,542,963	6,390,064	6,064,019	6,262,516	6,111,657	5,792,414	6,036,584	6,267,007	6,213,254	6,153,614	5,949,437	6,266,995	6,003,472	5,867,065	5,748,249	6,261,095	6,201,768	6,058,566	5,880,972	5,789,422	5,457,032	5,310,097	5,008,841	5,360,436	5,065,108	4,707,196	4,750,720	4,813,422	4,652,900	4,730,433	4,515,022	4,512,261	4,747,318	4,629,385	4,481,877	4,423,265	4,548,015	4,424,512	4,255,825	3,163,524	2,929,612

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

Gross Profit (+$)
totalRevenue	25,900,661
Cost of Revenue	-4,350,734
Gross Profit	21,549,927	21,549,927

Operating Income (+$)
Gross Profit	21,549,927
Operating Expense	-17,731,345
Operating Income	3,818,582	3,818,582

Operating Expense (+$)
Research Development	-
Selling General Administrative	221,646
Selling And Marketing Expenses	2,192,658
Operating Expense	17,731,345	2,414,304

Net Interest Income (+$)
Interest Income	-1,644,459
Interest Expense	-1,121,467
Net Interest Income	-1,357,962	-2,765,926

Pretax Income (+$)
Operating Income	3,818,582
Net Interest Income	-1,357,962
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	2,173,618	5,463,546 EBIT - interestExpense = 1,715,637 1,715,637 1,940,367
Interest Expense	1,121,467
Earnings Before Interest and Taxes (ebit)	2,837,104	3,295,085
Earnings Before Interest and Taxes (ebitda)	10,413,110

After tax Income (+$)
Income Before Tax	2,173,618
Tax Provision	-896,737
Net Income From Continuing Ops	1,276,881	1,276,881
Net Income	818,900
Net Income Applicable To Common Shares	818,900

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	22,082,079
Total Other Income/Expenses Net	-1,644,964	1,357,962