Industronics Bhd
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Let's analyse Industronics Bhd together

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

I'm going to help you getting a better view of Industronics 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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Quick analysis of Industronics Bhd (30 sec.)

What can you expect buying and holding a share of Industronics Bhd? (30 sec.)

How much money do you get?

RM0.00

When do you have the money?

1 year

How often do you get paid?

0.0%

What is your share worth?

Current worth

RM0.06

Expected worth in 1 year

RM0.09

How sure are you?

60.0%

+ What do you gain per year?

Total Gains per Share

RM0.03

Return On Investment

71.4%

For what price can you sell your share?

Current Price per Share

RM0.05

Expected price per share

RM0.04 - RM0.045

How sure are you?

50%

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1. Valuation of Industronics Bhd (5 min.)

Live pricePrice per Share (EOD)

RM0.05

Book Value per Share

RM0.06

2. Growth of Industronics Bhd (5 min.)

Is Industronics Bhd growing?

	Current year	Previous year	Grow	Grow %
How rich?	$8.8m	$3.9m	$2m	34.3%

How much money is Industronics Bhd making?

	Current year	Previous year	Grow	Grow %
Making money	-$194.9k	-$411.8k	$216.8k	111.2%
Net Profit Margin	-15.8%	-22.4%	-	-

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

Quarterly Yearly

3. Financial Health of Industronics Bhd (5 min.)

4. Comparing to competitors in the Electronic Components industry (5 min.)

Industry Rankings (Electronic Components)

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What can you expect buying and holding a share of Industronics Bhd? (5 min.)

Welcome investor! Industronics Bhd's management wants to use your money to grow the business. In return you get a share of Industronics Bhd.

What can you expect buying and holding a share of Industronics Bhd?

First you should know what it really means to hold a share of Industronics Bhd. And how you can make/lose money.

Speculation

The Price per Share of Industronics Bhd is RM0.045. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Industronics Bhd.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Industronics Bhd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is RM0.06. Based on the TTM, the Book Value Change Per Share is RM0.01 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.00 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is RM0.00 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Industronics Bhd.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	RM	% of Price per Share	RM	% of Price per Share	RM	% of Price per Share	RM	% of Price per Share	RM	% of Price per Share
Usd Eps	0.00	2.1%	0.00	-0.6%	0.00	-1.3%	0.00	-0.5%	0.00	-0.9%
Usd Book Value Change Per Share	0.00	4.5%	0.00	3.8%	0.00	0.4%	0.00	0.4%	0.00	1.4%
Usd Dividend Per Share	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%
Usd Total Gains Per Share	0.00	4.5%	0.00	3.8%	0.00	0.4%	0.00	0.4%	0.00	1.4%
Usd Price Per Share	0.01	-	0.01	-	0.03	-	0.03	-	0.03	-
Price to Earnings Ratio	2.28	-	-3.53	-	-12.72	-	-28.11	-	-23.51	-
Price-to-Total Gains Ratio	4.19	-	12.09	-	1,369.66	-	394.74	-	329.62	-
Price to Book Ratio	0.68	-	2.02	-	4.85	-	6.54	-	5.56	-
Price-to-Total Gains Ratio	4.19	-	12.09	-	1,369.66	-	394.74	-	329.62	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	0.0095625
Number of shares	104575

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.00	0.00
Usd Book Value Change Per Share	0.00	0.00
Usd Total Gains Per Share	0.00	0.00
Gains per Quarter (104575 shares)	178.42	17.00
Gains per Year (104575 shares)	713.67	68.02

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	0	714	704	0	68	58
2	0	1427	1418	0	136	126
3	0	2141	2132	0	204	194
4	0	2855	2846	0	272	262
5	0	3568	3560	0	340	330
6	0	4282	4274	0	408	398
7	0	4996	4988	0	476	466
8	0	5709	5702	0	544	534
9	0	6423	6416	0	612	602
10	0	7137	7130	0	680	670

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	1.0	3.0	0.0	25.0%	3.0	9.0	0.0	25.0%	3.0	13.0	0.0	18.8%	3.0	17.0	0.0	15.0%	3.0	17.0	0.0	15.0%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	10.0	2.0	0.0	83.3%	11.0	5.0	0.0	68.8%	12.0	8.0	0.0	60.0%	12.0	8.0	0.0	60.0%
Dividend per Share	0.0	0.0	4.0	0.0%	0.0	0.0	12.0	0.0%	0.0	0.0	16.0	0.0%	0.0	0.0	20.0	0.0%	0.0	0.0	20.0	0.0%
Total Gains per Share	3.0	1.0	0.0	75.0%	10.0	2.0	0.0	83.3%	11.0	5.0	0.0	68.8%	12.0	8.0	0.0	60.0%	12.0	8.0	0.0	60.0%

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Fundamentals of Industronics Bhd

About Industronics Bhd

Industronics Berhad, together with its subsidiaries, designs, manufactures, and installs electronic products in Malaysia and Hong Kong. The company operates through three segments: Electronics and System Integration; Security Systems, Mechanical and Electrical Engineering (M&E); and Other Operations. The Electronics and System Integration segment is involved in the design, manufacture, and installation of electronic and microprocessor-controlled products; trading, maintenance, and supply of industrial electronic equipment; intelligent transportation systems and systems integration projects involving information communication technology; and supply and service of telecommunication equipment and audio visual multimedia systems. The M&E segment engages in the supply and installation of security systems; design and installation of fire protection systems, as well as the provision of mechanical engineering services; industrial maintenance and service works; trading of transport equipment and provision of related services; and manufacture, import, and marketing of filters. The Other Operations segment trades in precision instruments; and provides cloud and general trading services. The company also manufactures and deals in electrical and electronic appliances; and installs, maintains, repairs, deals, and supplies, including testing and commissioning of fire security and alarm devices and apparatus. In addition, it researches, designs, and develops products in power electronics. The company was incorporated in 1975 and is headquartered in Kuala Lumpur, Malaysia.

Fundamental data was last updated by Penke on 2023-09-17 03:05:04.

Financial Health

Profitability Details

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

Operating Efficiency Details

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

Liquidity Details

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

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

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1.1. Profitability of Industronics Bhd.

1.1. Profitability

1.1.1. Net Profit Margin

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

Above 10% is considered healthy but always compare Industronics Bhd to the Electronic Components industry mean.
A Net Profit Margin of 20.3% means that RM0.20 for each RM1 in revenue is generated as profit.

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

The MRQ is 20.3%. The company is making a huge profit. +2
The TTM is -15.8%. The company is making a huge loss. -2

Trends

Current period		Compared to		+/-
MRQ	20.3%	TTM	-15.8%	+36.2%
TTM	-15.8%	YOY	-22.4%	+6.6%
TTM	-15.8%	5Y	-19.0%	+3.2%
5Y	-19.0%	10Y	-31.3%	+12.3%

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	20.3%	4.9%	+15.4%
TTM	-15.8%	4.3%	-20.1%
YOY	-22.4%	5.6%	-28.0%
5Y	-19.0%	4.4%	-23.4%
10Y	-31.3%	4.6%	-35.9%

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

Revenue is the amount of profit Industronics 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 Industronics 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 Industronics Bhd to the Electronic Components industry mean.
Can be used to compare companies within the Electronic Components industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Industronics Bhd. If profit margins remain low (compared to the Electronic Components 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 Industronics Bhd is 0.20. This means that Industronics Bhd earned RM0.20 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 Electronic Components industry is 4.9%.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics 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 Industronics Bhd with other companies in the same industry (Electronic Components).
Net profit margin should rise over the years.
Can be influenced when Industronics Bhd sells assets (profit will increase while costs remain the same).
It won’t show what part of Industronics 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 Industronics 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 Industronics Bhd = 3,108
Total revenue MRQ Industronics Bhd = 15,291
RM3,108 / RM15,291 = 0.20 or 20.3%

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 Industronics Bhd is using its assets to generate profit.

Above 5% is considered healthy but always compare Industronics Bhd to the Electronic Components industry mean.
3.6% Return on Assets means that Industronics Bhd generated RM0.04 profit for each $1 in assets.

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

The MRQ is 3.6%. Using its assets, the company is less efficient in making profit.
The TTM is -1.5%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	3.6%	TTM	-1.5%	+5.1%
TTM	-1.5%	YOY	-3.5%	+2.0%
TTM	-1.5%	5Y	-1.2%	-0.3%
5Y	-1.2%	10Y	-2.2%	+1.0%

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	3.6%	1.0%	+2.6%
TTM	-1.5%	1.0%	-2.5%
YOY	-3.5%	1.3%	-4.8%
5Y	-1.2%	1.1%	-2.3%
10Y	-2.2%	1.1%	-3.3%

Shows how efficient Industronics Bhd is using its assets to generate profit.

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

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Industronics Bhd to the Electronic Components 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 Industronics Bhd is using its resources to generate profit. If the return on assets (3.6%) from Industronics Bhd are higher than the Electronic Components mean (1.0%) that means Industronics 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 Industronics Bhd is 3.6%. This means the company generated RM0.04 for each RM1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Electronic Components industry is 1.0%.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics 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 Industronics Bhd

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

Income statement
Balance sheet

Net income MRQ (income statement) from Industronics Bhd = 3,108
Total assets MRQ (balance sheet) from Industronics Bhd = 85,983
3,108 / 85,983 = 0.04 or 3.6%

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

Above 15%-20% is considered healthy but always compare Industronics Bhd to the Electronic Components industry mean.
7.5% Return on Equity means Industronics Bhd generated RM0.07 for each RM1 the owners (shareholders) invested.

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

The MRQ is 7.5%. Using its investors money, the company is less efficient in making profit.
The TTM is -6.5%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	7.5%	TTM	-6.5%	+14.0%
TTM	-6.5%	YOY	-10.6%	+4.1%
TTM	-6.5%	5Y	-4.6%	-1.9%
5Y	-4.6%	10Y	-3.7%	-0.9%

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	7.5%	1.9%	+5.6%
TTM	-6.5%	1.8%	-8.3%
YOY	-10.6%	2.4%	-13.0%
5Y	-4.6%	2.1%	-6.7%
10Y	-3.7%	2.1%	-5.8%

Shows how efficient Industronics Bhd is using its investors money to generate profit.

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

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Industronics Bhd to the Electronic Components 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 Electronic Components 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 Industronics Bhd is 7.5%. This means Industronics Bhd generated RM0.07 for each RM1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Electronic Components industry is 1.9%.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics Bhd up to 10 years back (depending if Industronics Bhd existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate return on equity

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

Real example of Industronics Bhd

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Industronics Bhd = 3,108
Shareholders equity (balance sheet) MRQ Industronics Bhd = 41,663
3,108 / 41,663 = 0.07 or 7.5%

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.

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1.2. Operating Efficiency of Industronics Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Industronics Bhd is operating .

Measures how much profit Industronics 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 Industronics Bhd to the Electronic Components industry mean.
An Operating Margin of 0.0% means the company generated RM0.00 for each RM1 in revenue (before taxes).

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

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

Trends

Current period		Compared to		+/-
MRQ	-	TTM	-	0.0%
TTM	-	YOY	-	0.0%
TTM	-	5Y	-11.1%	+11.1%
5Y	-11.1%	10Y	-26.7%	+15.6%

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	-	4.4%	-4.4%
TTM	-	2.1%	-2.1%
YOY	-	5.5%	-5.5%
5Y	-11.1%	5.1%	-16.2%
10Y	-26.7%	4.1%	-30.8%

Measures how efficient Industronics 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 Industronics Bhd to the Electronic Components 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 Industronics 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 Industronics Bhd is 0.0%. This means that Industronics Bhd earned RM0.00 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Electronic Components industry is 4.4%.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics 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 Industronics Bhd

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Industronics Bhd = 3,310
Total revenue MRQ Industronics Bhd = 15,291
RM3,310 / RM15,291 = 0.00 or 0.0%

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

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

Operation earnings can be calculated in multiple ways:

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

1.2.2. Operating Ratio

Measures how efficient Industronics Bhd is keeping operating costs low.

Below 1 is considered healthy (always compare to Electronic Components industry mean).
An Operation Ratio of 0.92 means that the operating costs are RM0.92 for each RM1 in net sales.

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

The MRQ is 0.919. The company is less efficient in keeping operating costs low.
The TTM is 1.539. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	0.919	TTM	1.539	-0.619
TTM	1.539	YOY	2.069	-0.530
TTM	1.539	5Y	1.892	-0.354
5Y	1.892	10Y	2.066	-0.174

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	0.919	1.738	-0.819
TTM	1.539	1.721	-0.182
YOY	2.069	1.698	+0.371
5Y	1.892	1.686	+0.206
10Y	2.066	1.448	+0.618

Measures how efficient Industronics 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 Industronics Bhd to the Electronic Components 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 Industronics Bhd is 91.9%. This means that Industronics Bhd earned RM0.92 for each RM1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Electronic Components industry is 1.74.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics 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 Industronics 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
(14,057 +) \ 15,291 = 0.92

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.

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1.3. Liquidity of Industronics Bhd.

1.3. Liquidity

1.3.1. Current Ratio

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

Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
A Current Ratio of 1.65 means the company has RM1.65 in assets for each RM1 in short-term debts.

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

The MRQ is 1.649. The company is able to pay all its short-term debts. +1
The TTM is 1.381. The company is just able to pay all its short-term debts.

Trends

Current period		Compared to		+/-
MRQ	1.649	TTM	1.381	+0.267
TTM	1.381	YOY	1.254	+0.127
TTM	1.381	5Y	1.310	+0.071
5Y	1.310	10Y	1.570	-0.260

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	1.649	1.807	-0.158
TTM	1.381	1.885	-0.504
YOY	1.254	1.815	-0.561
5Y	1.310	1.890	-0.580
10Y	1.570	1.683	-0.113

Measures if Industronics 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 Electronic Components 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 Industronics 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 Industronics Bhd is 1.65. This means Industronics Bhd has RM1.65 in assets for each RM1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Electronic Components industry is 1.81.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics 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 Industronics Bhd

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
70,578 \ 42,806) = 1.65

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

Above 1 is considered healthy but always compare Industronics Bhd to the Electronic Components industry mean.
A Quick Ratio of 1.42 means the company can pay off RM1.42 for each RM1 in debt (using most liquid assets).

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

The MRQ is 1.416. The company is able to pay all its short-term debts with the most liquid assets. +1
The TTM is 1.055. The company is just able to pay all its short-term debts with the most liquid assets.

Trends

Current period		Compared to		+/-
MRQ	1.416	TTM	1.055	+0.361
TTM	1.055	YOY	0.816	+0.238
TTM	1.055	5Y	0.985	+0.070
5Y	0.985	10Y	1.035	-0.050

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	1.416	0.706	+0.710
TTM	1.055	0.735	+0.320
YOY	0.816	0.833	-0.017
5Y	0.985	0.858	+0.127
10Y	1.035	0.882	+0.153

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

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Industronics Bhd to the Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Industronics Bhd can pay off its short term debts. This shows if Industronics 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 Industronics Bhd is 1.42. This means that Industronics Bhd can pay off RM1.42 for each RM1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Electronic Components industry is 0.71.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics 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 Industronics Bhd

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Industronics Bhd: (429 + +60,187) / 42,806 = 1.42

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.

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1.4. Solvency of Industronics Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

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

Below 1 (100%) is considered healthy but always compare Industronics Bhd to Electronic Components industry mean.
A Debt to Asset Ratio of 0.52 means that Industronics Bhd assets are financed with 51.5% credit (debt) and the remaining percentage (100% - 51.5%) is financed by its owners/shareholders.

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

The MRQ is 0.515. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.634. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.515	TTM	0.634	-0.119
TTM	0.634	YOY	0.673	-0.038
TTM	0.634	5Y	0.562	+0.072
5Y	0.562	10Y	0.503	+0.059

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	0.515	0.436	+0.079
TTM	0.634	0.427	+0.207
YOY	0.673	0.452	+0.221
5Y	0.562	0.438	+0.124
10Y	0.503	0.429	+0.074

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

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Industronics Bhd to Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

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

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

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Industronics Bhd is 0.52. This means means that Industronics Bhd is financed with 51.5% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Electronic Components industry is 180.7%.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Industronics Bhd

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

Balance sheet
Debt to asset ratio = total debt \ total assets
44,320 \ 85,983 = 51.5% or 0.52.

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

1.4.2. Debt to Equity Ratio

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

Below 2 is considered healthy but always compare Industronics Bhd to the Electronic Components industry mean.
A Debt to Equity ratio of 106.4% means that company has RM1.06 debt for each RM1 in shareholders equity.

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

The MRQ is 1.064. The company is able to pay all its debts with equity. +1
The TTM is 2.010. The company is just not able to pay all its debts with equity.

Trends

Current period		Compared to		+/-
MRQ	1.064	TTM	2.010	-0.946
TTM	2.010	YOY	2.096	-0.086
TTM	2.010	5Y	1.480	+0.530
5Y	1.480	10Y	1.184	+0.296

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	1.064	0.788	+0.276
TTM	2.010	0.781	+1.229
YOY	2.096	0.846	+1.250
5Y	1.480	0.824	+0.656
10Y	1.184	0.812	+0.372

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

How to use debt to equity ratio

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

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

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

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Industronics Bhd is 1.06. This means that Industronics Bhd can pay off RM1.06 for each RM1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Electronic Components industry is 0.79.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Industronics Bhd

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
44,320 \ 41,663 = 1.06 or 106.4%

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

Common shares.
Preferred shares.
Retained earnings.

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

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

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2. Market Valuation of Industronics Bhd

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

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

Above 15 is considered overpriced but always compare Industronics Bhd to the Electronic Components industry mean.
A PE ratio of 2.28 means the investor is paying RM2.28 for every RM1 in earnings.

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

The EOD is 2.562. Based on the earnings, the company is cheap. +2
The MRQ is 2.277. Based on the earnings, the company is cheap. +2
The TTM is -3.525. Based on the earnings, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	2.562	MRQ	2.277	+0.285
MRQ	2.277	TTM	-3.525	+5.802
TTM	-3.525	YOY	-12.724	+9.199
TTM	-3.525	5Y	-28.111	+24.586
5Y	-28.111	10Y	-23.514	-4.598

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
EOD	2.562	15.381	-12.819
MRQ	2.277	16.076	-13.799
TTM	-3.525	14.022	-17.547
YOY	-12.724	15.368	-28.092
5Y	-28.111	19.262	-47.373
10Y	-23.514	23.823	-47.337

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

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

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Industronics Bhd to the Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

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

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

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

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Industronics Bhd is 2.28. This means the investor is paying RM2.28 for every RM1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Electronic Components industry is 16.08.
What is the trend?
The trend is important because it shows you how Industronics Bhd is performing over time. The most recent quarter might be important if Industronics 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 Industronics Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Industronics Bhd

You need the following data to determine the PE ratio:

Balance sheet
Income statement

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

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
3,108 \ 707,589 = EPS
PE ratio MRQ = 2.28

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

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

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

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Industronics Bhd:

The MRQ is 0.000. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	-0.644	+0.644
TTM	-0.644	YOY	-3.759	+3.115
TTM	-0.644	5Y	-1.564	+0.920
5Y	-1.564	10Y	-1.251	-0.313

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	-	5.797	-5.797
TTM	-0.644	1.538	-2.182
YOY	-3.759	0.370	-4.129
5Y	-1.564	1.658	-3.222
10Y	-1.251	2.071	-3.322

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2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Electronic Components industry mean).
A PB ratio of 0.68 means the investor is paying RM0.68 for each RM1 in book value.

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

The EOD is 0.764. Based on the equity, the company is cheap. +2
The MRQ is 0.679. Based on the equity, the company is cheap. +2
The TTM is 2.021. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	0.764	MRQ	0.679	+0.085
MRQ	0.679	TTM	2.021	-1.342
TTM	2.021	YOY	4.854	-2.833
TTM	2.021	5Y	6.542	-4.521
5Y	6.542	10Y	5.563	+0.979

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
EOD	0.764	1.855	-1.091
MRQ	0.679	1.953	-1.274
TTM	2.021	1.847	+0.174
YOY	4.854	2.219	+2.635
5Y	6.542	2.151	+4.391
10Y	5.563	2.297	+3.266

2. Total Gains per Share

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3. Summary

3.1. Key Performance Indicators

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

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	0.010	0.008	+19%	0.001	+1065%	0.001	+1147%	0.003	+224%
Book Value Per Share	-	-	0.059	0.040	+49%	0.026	+127%	0.025	+134%	0.031	+89%
Current Ratio	-	-	1.649	1.381	+19%	1.254	+31%	1.310	+26%	1.570	+5%
Debt To Asset Ratio	-	-	0.515	0.634	-19%	0.673	-23%	0.562	-8%	0.503	+3%
Debt To Equity Ratio	-	-	1.064	2.010	-47%	2.096	-49%	1.480	-28%	1.184	-10%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	0.004	-0.001	+130%	-0.003	+162%	-0.001	+125%	-0.002	+141%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Market Cap	31841504.640	+11%	28303570.400	44224318.365	-36%	88448624.000	-68%	88448625.591	-68%	84203091.321	-66%
Net Profit Margin	-	-	0.203	-0.158	+178%	-0.224	+210%	-0.190	+194%	-0.313	+254%
Operating Margin	-	-	-	-	0%	-	0%	-0.111	0%	-0.267	0%
Operating Ratio	-	-	0.919	1.539	-40%	2.069	-56%	1.892	-51%	2.066	-56%
Pb Ratio	0.764	+11%	0.679	2.021	-66%	4.854	-86%	6.542	-90%	5.563	-88%
Pe Ratio	2.562	+11%	2.277	-3.525	+255%	-12.724	+659%	-28.111	+1335%	-23.514	+1133%
Price Per Share	0.045	+11%	0.040	0.063	-36%	0.125	-68%	0.125	-68%	0.119	-66%
Price To Free Cash Flow Ratio	-	-	-	-0.644	0%	-3.759	0%	-1.564	0%	-1.251	0%
Price To Total Gains Ratio	4.717	+11%	4.193	12.089	-65%	1369.662	-100%	394.744	-99%	329.615	-99%
Quick Ratio	-	-	1.416	1.055	+34%	0.816	+73%	0.985	+44%	1.035	+37%
Return On Assets	-	-	0.036	-0.015	+142%	-0.035	+197%	-0.012	+134%	-0.022	+162%
Return On Equity	-	-	0.075	-0.065	+188%	-0.106	+242%	-0.046	+162%	-0.037	+149%
Total Gains Per Share	-	-	0.010	0.008	+19%	0.001	+1065%	0.001	+1147%	0.003	+224%
Usd Book Value	-	-	8853359.875	5945412.125	+49%	3903439.594	+127%	3777413.799	+134%	4679431.039	+89%
Usd Book Value Change Per Share	-	-	0.002	0.002	+19%	0.000	+1065%	0.000	+1147%	0.001	+224%
Usd Book Value Per Share	-	-	0.013	0.008	+49%	0.006	+127%	0.005	+134%	0.007	+89%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	0.001	0.000	+130%	-0.001	+162%	0.000	+125%	0.000	+141%
Usd Free Cash Flow	-	-	-	-291905.566	0%	-2007892.419	0%	-559339.711	0%	-447471.769	0%
Usd Market Cap	6766319.736	+11%	6014508.710	9397667.653	-36%	18795332.600	-68%	18795332.938	-68%	17893156.906	-66%
Usd Price Per Share	0.010	+11%	0.009	0.013	-36%	0.027	-68%	0.027	-68%	0.025	-66%
Usd Profit	-	-	660365.000	-194950.688	+130%	-411824.469	+162%	-166618.992	+125%	-271420.194	+141%
Usd Revenue	-	-	3249314.125	2197157.563	+48%	1850175.875	+76%	1638613.491	+98%	1544640.793	+110%
Usd Total Gains Per Share	-	-	0.002	0.002	+19%	0.000	+1065%	0.000	+1147%	0.001	+224%
	EOD	+4 -3	MRQ	TTM	+21 -5	YOY	+21 -5	5Y	+21 -5	10Y	+20 -6

3.2. Fundamental Score

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

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	2.562
Price to Book Ratio (EOD)	Between	0-1	0.764
Net Profit Margin (MRQ)	Greater than	0	0.203
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	1.416
Current Ratio (MRQ)	Greater than	1	1.649
Debt to Asset Ratio (MRQ)	Less than	1	0.515
Debt to Equity Ratio (MRQ)	Less than	1	1.064
Return on Equity (MRQ)	Greater than	0.15	0.075
Return on Assets (MRQ)	Greater than	0.05	0.036
Total			6/10 (60.0%)

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3.3. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.040
Total			0/1 (0.0%)

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Reversals in quarterly reports

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

	2022-06-30		2022-09-30		2022-12-31		2023-03-31		2023-06-30
Income before Tax	-1,923	-488	-2,411	-61	-2,472	22	-2,450	5,516	3,065
Net Income	-1,920	-494	-2,414	-64	-2,478	593	-1,885	4,993	3,108
Operating Income	-1,239	-416	-1,656	-114	-1,770	-123	-1,893	5,203	3,310
Interest Expense	42	394	436	-303	133	-121	12	-3,261	-3,249
Net Income Applicable to Common Shares	-1,920	-494	-2,414	-64	-2,478	593	-1,885	4,993	3,108

Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in MYR. All numbers in thousands.

Summary

Total Assets	85,983
Total Liabilities	44,320
Total Stockholder Equity	41,663

	As reported
Total Liabilities	44,320
Total Stockholder Equity	+ 41,663
Total Assets	= 85,983

Assets

Total Assets	85,983
Total Current Assets	70,578
Long-term Assets	70,578

Total Current Assets

Total Current Assets (as reported)	70,578
Cash And Cash Equivalents	429
Net Receivables	60,187
Inventory	9,932
Total Current Assets (calculated)	70,548
+/-	30

Long-term Assets

Long-term Assets (as reported)	0
Property Plant Equipment	7,394
Intangible Assets	2,948
Long-term Assets (calculated)	10,342
+/-	10,342

Liabilities & Shareholders' Equity

Total Current Liabilities	42,806
Long-term Liabilities	-
Total Stockholder Equity	41,663

Total Current Liabilities

Total Current Liabilities (as reported)	42,806
Total Current Liabilities (calculated)	0
+/-	42,806

Long-term Liabilities

Long-term Liabilities (as reported)	0
Long term Debt Total	990
Long-term Liabilities (calculated)	990
+/-	990

Total Stockholder Equity

Total Stockholder Equity (as reported)	41,663
Common Stock	44,593
Retained Earnings	-2,930
Total Stockholder Equity (calculated)	41,663
+/-	0

Other

Cash and Short Term Investments	429
Common Stock Shares Outstanding	707,589
Liabilities and Stockholders Equity	85,983

Balance Sheet

Currency in MYR. All numbers in thousands.

Trend

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

> Total Assets

59,000
60,000
49,000
45,000
22,912
25,542
25,012
23,401
19,564
16,516
20,886
34,027
45,451
55,117
63,446
64,060
66,624
68,090
77,060
85,983

85,983

77,060

68,090

66,624

64,060

63,446

55,117

45,451

34,027

20,886

16,516

19,564

23,401

25,012

25,542

22,912

45,000

49,000

60,000

59,000

> Total Current Assets

37,000
35,000
31,000
29,000
10,972
14,249
13,714
12,382
9,308
6,512
11,449
25,531
33,941
44,667
52,078
53,595
53,895
56,092
63,369
70,578

70,578

63,369

56,092

53,895

53,595

52,078

44,667

33,941

25,531

11,449

6,512

9,308

12,382

13,714

14,249

10,972

29,000

31,000

35,000

37,000

Cash And Cash Equivalents

11,000
8,000
5,000
5,000
3,322
2,334
1,882
1,806
1,142
648
1,133
10,536
14,858
13,000
11,462
7,233
5,226
1,471
1,100
429

429

1,100

1,471

5,226

7,233

11,462

13,000

14,858

10,536

1,133

648

1,142

1,806

1,882

2,334

3,322

5,000

8,000

11,000

Short-term Investments

0
0
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,000

Net Receivables

19,000
19,000
11,000
14,000
6,167
8,745
10,558
8,397
6,124
3,783
8,761
12,118
3,955
18,031
23,287
29,892
34,198
39,432
44,025
60,187

60,187

44,025

39,432

34,198

29,892

23,287

18,031

3,955

12,118

8,761

3,783

6,124

8,397

10,558

8,745

6,167

14,000

11,000

19,000

Inventory

7,000
9,000
7,000
10,000
1,482
1,924
1,275
2,179
2,043
1,433
1,542
2,865
13,668
12,954
17,290
16,028
14,171
15,148
18,202
9,932

9,932

18,202

15,148

14,171

16,028

17,290

12,954

13,668

2,865

1,542

1,433

2,043

2,179

1,275

1,924

1,482

10,000

7,000

9,000

7,000

> Long-term Assets

0
0
0
0
11,940
11,292
11,298
11,019
10,255
10,004
9,437
8,496
11,511
10,450
11,368
10,465
12,729
0
13,691
0

13,691

12,729

10,465

11,368

10,450

11,511

8,496

9,437

10,004

10,255

11,019

11,298

11,292

11,940

Property Plant Equipment

0
0
0
0
0
5,447
5,698
5,997
5,850
5,833
5,752
5,670
5,590
5,815
5,651
5,599
7,395
6,992
8,525
7,394

7,394

8,525

6,992

7,395

5,599

5,651

5,815

5,590

5,670

5,752

5,833

5,850

5,997

5,698

5,447

Intangible Assets

0
0
0
0
0
5,697
5,453
4,875
4,203
3,540
3,055
2,584
3,693
3,046
2,525
2,079
2,918
2,794
2,777
2,948

2,948

2,777

2,794

2,918

2,079

2,525

3,046

3,693

2,584

3,055

3,540

4,203

4,875

5,453

5,697

> Total Liabilities

15,000
18,000
12,000
12,000
9,075
10,700
11,807
12,152
10,470
6,659
10,561
17,407
27,603
37,252
44,621
45,122
46,630
52,746
42,148
44,320

44,320

42,148

52,746

46,630

45,122

44,621

37,252

27,603

17,407

10,561

6,659

10,470

12,152

11,807

10,700

9,075

12,000

18,000

15,000

> Total Current Liabilities

14,000
17,000
10,000
11,000
8,559
10,123
11,234
11,301
9,614
5,942
8,516
12,697
26,003
35,459
42,867
43,375
44,909
51,132
40,122
42,806

42,806

40,122

51,132

44,909

43,375

42,867

35,459

26,003

12,697

8,516

5,942

9,614

11,301

11,234

10,123

8,559

11,000

10,000

17,000

14,000

Short-term Debt

2,000
2,000
2,000
3,000
0
0
0
0
0
151
101
0
12,920
0
0
0
0
0
0
0

12,920

101

151

3,000

2,000

Short Long Term Debt

2,000
2,000
2,000
3,000
192
0
397
398
242
151
101
0
12,920
0
0
0
0
0
0
0

12,920

101

151

242

398

397

192

3,000

2,000

Accounts payable

12,000
15,000
2,000
8,000
8,327
3,548
8,607
10,221
9,297
1,511
8,187
12,383
12,696
1,388
42,671
43,285
44,585
0
39,176
0

39,176

44,585

43,285

42,671

1,388

12,696

12,383

8,187

1,511

9,297

10,221

8,607

3,548

8,327

8,000

2,000

15,000

12,000

Other Current Liabilities

0
0
2,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

2,000

> Long-term Liabilities

0
0
0
0
516
516
516
795
803
667
1,998
4,667
1,560
1,758
1,720
1,715
1,687
0
2,551
0

2,551

1,687

1,715

1,720

1,758

1,560

4,667

1,998

667

803

795

516

Long term Debt Total

0
0
0
0
0
0
0
0
279
142
1,473
4,142
1,036
1,234
1,196
1,191
1,163
1,050
2,026
990

990

2,026

1,050

1,163

1,191

1,196

1,234

1,036

4,142

1,473

142

279

> Total Stockholder Equity

0
0
0
0
13,775
14,842
13,205
11,249
9,094
9,856
10,325
16,620
17,848
17,865
18,826
18,938
19,995
15,344
34,912
41,663

41,663

34,912

15,344

19,995

18,938

18,826

17,865

17,848

16,620

10,325

9,856

9,094

11,249

13,205

14,842

13,775

Retained Earnings

-20,000
-23,000
-27,000
-29,000
0
7,601
5,964
4,008
1,853
2,615
1,750
2,714
942
-2,278
-3,163
-3,050
-2,994
-7,645
-9,681
-2,930

-2,930

-9,681

-7,645

-2,994

-3,050

-3,163

-2,278

942

2,714

1,750

2,615

1,853

4,008

5,964

7,601

-29,000

-27,000

-23,000

-20,000

Accumulated Other Comprehensive Income

Capital Surplus

Treasury Stock

Balance Sheet

Currency in MYR. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31
Accounts Payable	-	1,388	1,511	3,548	864	1,039	2,238	2,000	1,000	3,000	8,000
Capital Lease Obligations	-	432	279	0	2	11	130	-	-	-	-
Capital Stock	-	20,142	7,241	7,241	52,634	-	-	-	-	-	-
Cash	429	13,000	648	2,334	2,400	2,526	7,621	5,000	6,000	28,000	30,000
Cash And Short Term Investments	429	13,000	648	2,334	2,400	2,526	7,621	-	-	-	-
Common Stock	44,593	20,142	7,241	7,241	52,634	52,634	51,381	53,000	53,000	51,000	48,000
Common Stock Shares Outstanding	707,589	394,781	133,403	133,403	102,763	102,763	102,763	-	-	-	-
Intangible Assets	2,948	3,046	3,540	5,697	7,839	9,788	5,149	-	-	-	-
Inventory	9,932	12,954	1,433	1,924	1,449	2,175	5,200	7,000	6,000	3,000	7,000
Liabilities And Stockholders Equity	85,983	55,117	16,516	25,542	22,715	28,592	39,879	-	-	-	-
Long Term Debt	0	1,000	0	0	0	2	11	-	-	-	-
Long Term Debt Total	990	1,234	142	0	0	2	11	-	-	-	-
Long Term Investments	-	-	-	-	-	-	-	-	1,000	7,000	-
Net Invested Capital	-	17,865	10,007	14,842	14,616	16,890	-	-	-	-	-
Net Receivables	60,187	18,031	3,783	8,745	5,256	7,142	9,015	11,000	17,000	19,000	26,000
Net Working Capital	-	9,208	570	4,126	1,318	1,802	-	-	-	-	-
Non Current Assets Total	-	10,450	10,004	11,292	13,499	15,922	16,968	-	-	-	-
Non Current Liabilities Total	-	1,758	667	516	516	519	1,031	-	-	-	-
Other Current Assets	-	642	637	1,238	79	468	228	6,000	6,000	-	-
Other Current Liab	-	-	-	-	-	-	4,245	2,000	2,000	3,000	3,000
Property Plant Equipment	7,394	5,815	5,833	5,447	5,506	5,653	11,295	-	-	-	-
Retained Earnings	-2,930	-2,278	2,615	7,601	-38,384	-36,326	-26,961	-27,000	-15,000	-4,000	-
Short Long Term Debt	-	0	151	0	365	582	491	2,000	2,000	3,000	4,000
Short Long Term Debt Total	-	-	142	-	-	2	11	-	-	-	-
Short Term Debt	-	0	151	0	365	422	491	2,000	2,000	3,000	4,000
Short Term Investments	-	-	-	-	-	-	-	1,000	8,000	-	-
Total Assets	85,983	55,117	16,516	25,542	22,715	28,592	39,879	49,000	59,000	86,000	80,000
Total Current Assets	70,578	44,667	6,512	14,249	9,216	12,670	22,912	31,000	44,000	51,000	64,000
Total Current Liabilities	42,806	35,459	5,942	10,123	7,898	10,868	11,391	10,000	9,000	16,000	24,000
Total Liab	44,320	37,252	6,659	10,700	8,465	12,284	15,459	12,000	11,000	18,000	26,000
Total Stockholder Equity	41,663	17,865	9,856	14,842	14,250	16,308	24,420	-	-	-	-

	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30
Accounts Payable	-	39,176	-	44,585	43,285	42,671	1,388	12,696	12,383	8,187	1,511	9,297	10,221	8,607	3,548	8,327	8,000	2,000	15,000	12,000
Capital Lease Obligations	-	2,767	-	1,487	281	321	432	176	211	245	279	311	344	-	0	-	-	-	-	-
Capital Stock	-	44,593	-	22,988	21,988	21,988	20,142	16,906	13,906	-	-	-	-	-	-	-	-	-	-	-
Cash	429	1,100	1,471	5,226	7,233	11,462	13,000	14,858	10,536	1,133	648	1,142	1,806	1,882	2,334	3,322	5,000	5,000	8,000	11,000
Cash And Short Term Investments	429	1,100	1,471	5,226	7,233	11,462	13,000	14,858	10,536	1,133	648	1,142	1,806	1,882	2,334	-	-	-	-	-
Common Stock	44,593	44,593	22,988	22,988	21,988	21,988	20,142	16,906	13,906	8,575	7,241	7,241	7,241	7,241	7,241	-	53,000	53,000	53,000	53,000
Common Stock Shares Outstanding	707,589	707,589	504,841	504,841	412,530	412,530	394,781	375,028	300,028	166,753	133,403	133,403	133,403	133,403	133,403	120,482	103,448	119,761	103,806	109,091
Intangible Assets	2,948	2,777	2,794	2,918	2,079	2,525	3,046	3,693	2,584	3,055	3,540	4,203	4,875	5,453	5,697	-	-	-	-	-
Inventory	9,932	18,202	15,148	14,171	16,028	17,290	12,954	13,668	2,865	1,542	1,433	2,043	2,179	1,275	1,924	1,482	10,000	7,000	9,000	7,000
Liabilities And Stockholders Equity	85,983	77,060	68,090	66,624	64,060	63,446	55,117	45,451	34,027	20,886	-	-	-	-	-	-	-	-	-	-
Long Term Debt	0	0	0	0	1,000	1,000	1,000	1,000	4,000	1,331	-	-	-	-	-	0	-	-	-	-
Long Term Debt Total	990	2,026	1,050	1,163	1,191	1,196	1,234	1,036	4,142	1,473	142	279	-	-	-	-	-	-	-	-
Net Invested Capital	-	34,912	-	19,995	18,938	18,826	17,865	17,848	16,620	10,426	10,007	9,336	11,647	13,603	-	-	-	-	-	-
Net Receivables	60,187	44,025	39,432	34,198	29,892	23,287	18,031	3,955	12,118	8,761	3,783	6,124	8,397	10,558	8,745	6,167	14,000	11,000	19,000	19,000
Net Working Capital	-	23,247	-	8,986	10,220	9,212	9,208	7,938	12,834	2,933	570	-306	1,081	2,481	-	-	-	-	-	-
Non Current Assets Total	-	13,691	-	12,729	10,465	11,368	10,450	11,511	8,496	9,437	10,004	10,255	11,019	11,298	11,292	11,940	-	-	-	-
Non Current Liabilities Other	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Non Current Liabilities Total	-	2,551	-	1,687	1,715	1,720	1,758	1,560	4,667	1,998	667	803	795	516	516	516	-	-	-	-
Non Currrent Assets Other	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	0	-	-	-	-
Other Assets	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	-	-	-	-	-	-	642	-	-	-	637	-	-	-	1,238	-	-	6,000	-	-
Other Current Liab	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	-	-
Property Plant Equipment	7,394	8,525	6,992	7,395	5,599	5,651	5,815	5,590	5,670	5,752	5,833	5,850	5,997	5,698	5,447	-	-	-	-	-
Retained Earnings	-2,930	-9,681	-7,645	-2,994	-3,050	-3,163	-2,278	942	2,714	1,750	2,615	1,853	4,008	5,964	7,601	-	-29,000	-27,000	-23,000	-20,000
Short Long Term Debt	-	-	-	0	0	0	0	12,920	-	101	151	242	398	397	0	192	3,000	2,000	2,000	2,000
Short Long Term Debt Total	-	-	-	-	-	-	-	1,036	4,142	1,473	142	279	279	-	-	-	-	-	-	-
Short Term Debt	-	0	0	0	0	0	0	12,920	0	101	151	-	-	-	-	-	3,000	2,000	2,000	2,000
Short Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-	-
Total Assets	85,983	77,060	68,090	66,624	64,060	63,446	55,117	45,451	34,027	20,886	16,516	19,564	23,401	25,012	25,542	22,912	45,000	49,000	60,000	59,000
Total Current Assets	70,578	63,369	56,092	53,895	53,595	52,078	44,667	33,941	25,531	11,449	6,512	9,308	12,382	13,714	14,249	10,972	29,000	31,000	35,000	37,000
Total Current Liabilities	42,806	40,122	51,132	44,909	43,375	42,867	35,459	26,003	12,697	8,516	5,942	9,614	11,301	11,234	10,123	8,559	11,000	10,000	17,000	14,000
Total Liab	44,320	42,148	52,746	46,630	45,122	44,621	37,252	27,603	17,407	10,561	6,659	10,470	12,152	11,807	10,700	9,075	12,000	12,000	18,000	15,000
Total Stockholder Equity	41,663	34,912	15,344	19,995	18,938	18,826	17,865	17,848	16,620	10,325	9,856	9,094	11,249	13,205	14,842	13,775	-	-	-	-

Cash Flow

Currency in MYR. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31
Begin Period Cash Flow	12,837	497	2,334	2,035	2,104	7,130	-	-	-	-	-
Capital Expenditures	4,266	1,640	383	64	54	3,800	979	1,000	1,000	1,000	1,000
Change In Cash	-12,571	12,503	-2,000	299	-69	-5,026	3,114	-1,000	-21,000	-2,000	-2,000
Change In Working Capital	-33,931	-27,580	7,256	-2,971	325	6,900	9,032	-	-	-	-
Change To Account Receivables	-	-	-	-	-	-	-	11,000	-3,000	8,000	-5,000
Change To Inventory	-	-11,866	281	-551	535	3,029	1,228	-1,000	-3,000	2,000	2,000
Depreciation	-	336	324	124	188	426	787	1,000	1,000	1,000	1,000
End Period Cash Flow	-	12,837	497	2,334	2,035	2,104	7,130	-	-	-	-
Free Cash Flow	-	-30,005	2,430	-2,531	-261	-3,666	-	-	-	-	-
Investments	-	-3,117	-52	-63	374	-3,685	3,063	-	-	-	-
Issuance Of Capital Stock	-	13,918	-	2,806	-	-	-	-	-	-	-
Net Income	-7,245	-4,771	-437	-2,219	-2,707	-6,533	-12,974	-12,000	-18,000	-4,000	-2,000
Other Cashflows From Financing Activities	-	30,435	-183	-13	-1	-301	-132	-3,000	2,000	-1,000	1,000
Other Cashflows From Investing Activities	671	-1,477	331	1	428	114	4,042	-	-	-	-
Other Non Cash Items	-	577	3	31	11	335	-	-	-	-	-
Sale Purchase Of Stock	23,451	13,918	-	2,806	-	-	-	-	-	-	-
Total Cash From Financing Activities	24,958	44,209	-314	2,791	-169	-261	-353	-	-	2,000	2,000
Total Cash From Operating Activities	-39,404	-28,365	2,834	-2,467	-207	133	-1,741	-	-26,000	-9,000	-4,000
Total Cashflows From Investing Activities	-3,595	-3,117	-52	-63	374	-3,685	3,063	-4,000	4,000	5,000	1,000

	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30
Begin Period Cash Flow	-	-	5,226	7,233	11,462	13,000	14,858	10,536	1,032	497	900	1,408	1,484	2,334	3,130	-	-	-	-	-
Capital Expenditures	4,266	3,678	2,926	3,052	40	0	1,640	1,633	0	1	383	416	369	297	64	18	0	4,000	3,000	8,000
Change In Cash	-12,571	-11,900	-11,529	-7,774	-5,767	-1,538	12,503	14,361	10,039	535	-1,837	-1,434	-925	-849	299	3,100	-2,000	-2,000	-4,000	8,000
Change In Working Capital	-33,931	-29,586	-9,819	-9,208	-7,932	-2,046	-27,580	-5,900	-2,182	-1,799	7,256	2,954	2,040	786	3	-	-	-	-	-
Change To Account Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	11,000	11,000
Change To Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,000	-1,000	-1,000
Change To Operating Activities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,000	-6,000	11,000
Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	1,000
End Period Cash Flow	-	-	-	5,226	7,233	11,462	12,837	14,858	10,536	1,032	497	900	1,408	1,484	2,334	3,130	-	-	-	-
Free Cash Flow	-	-	-	-5,495	-6,559	-2,487	-21,413	-7,338	865	-2,120	2,311	1,141	-317	-705	-	-	-	-	-	-
Investments	-	-	-	-3,011	484	-1,000	-780	-2,891	554	-1	266	-49	28	-297	-6	-18	-	-	-	-
Issuance Of Capital Stock	-	-	-	0	1,846	0	3,253	0	8,000	-	-	-	-	-	-	-	-	-	-	-
Net Income	-7,245	-10,311	-7,860	-5,388	-2,977	-1,054	-4,771	-1,791	16	-858	-437	-4,014	-3,882	-1,792	-2,219	-133	-3,000	-4,000	-3,000	-3,000
Other Cashflows From Financing Activities	-	-	1,846	1,846	1,846	1,846	30,435	-	-	-	-	-	-	-	-13	-	-	-4,000	-4,000	1,000
Other Cashflows From Investing Activities	671	-574	-473	-476	-476	-1,000	-1,477	-705	553	-	331	98	100	-	1	-	-	-	-	-
Other Non Cash Items	-	-	-	1,204	1,290	614	-154	-180	373	538	-1,592	406	591	598	-	-	-	-	-	-
Sale Purchase Of Stock	23,451	23,451	0	0	0	0	13,918	10,665	10,665	2,665	-	-	-	-	2,806	-	-	-	-	-
Total Cash From Financing Activities	24,958	24,876	2,810	2,967	1,763	1,803	44,209	23,585	10,665	2,665	-130	-	-	-	2,791	-	-	-	-	-
Total Cash From Operating Activities	-39,404	-34,662	-13,228	-11,488	-9,005	-2,487	-28,365	-6,960	-1,255	-2,119	2,813	535	-653	-408	-2,467	1,869	-4,000	5,000	-6,000	7,000
Total Cashflows From Investing Activities	-3,595	-4,252	-3,398	-3,528	-516	-1,000	-3,117	-2,337	553	-1	-52	-318	-269	-297	-63	-	2,000	-8,000	3,000	3,000

Income Statement

Currency in MYR. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31
Cost Of Revenue	49,867	36,157	15,029	6,276	28,603	68,190	26,594	19,000	14,000	35,000	33,000
Ebit	-	-	-	86	-386	-5,027	-12,043	-14,000	-19,000	-15,000	-2,000
Ebitda	-	-1,711	2,074	86	-386	-5,027	-	-	-	-	-
Extraordinary Items	-	-	-	-	-	-	-608	-	-	-	-
Gross Profit	6,938	4,211	2,402	9,136	9,685	7,136	2,924	4,000	2,000	8,000	17,000
Income Before Tax	-7,245	-4,771	-437	-2,219	-2,707	-6,533	-12,974	-	-	-	-
Income Tax Expense	-	-	-	-	-	-	-	0	1,000	-1,000	-1,000
Interest Expense	-3,306	734	25	59	28	0	0	0	0	0	0
Interest Income	-3,523	-566	-25	59	28	336	132	-	-	-	-
Minority Interest	-	16	9	-9	-4	342	-	-	-	-	-
Net Income	-6,643	-4,756	-428	-2,229	-2,711	-6,203	-12,822	-12,000	-18,000	-4,000	-2,000
Net Income Applicable To Common Shares	-6,643	-4,756	-428	-2,229	-2,711	-6,203	-12,822	-	-	-	-
Net Income From Continuing Ops	-	-4,771	-437	-2,219	-2,707	-6,545	-12,974	-	-	-	-
Net Interest Income	-	-578	-25	-59	-28	-336	-132	-	-	-	-
Operating Income	-3,723	-4,193	-412	-2,161	-2,679	-6,196	-12,842	-14,000	-19,000	-15,000	-2,000
Reconciled Depreciation	-	2,482	2,486	2,246	2,293	1,170	-	-	-	-	-
Selling General Administrative	-	5,786	7,464	10,647	12,305	13,940	13,194	-	-	-	-
Tax Provision	0	0	0	0	0	12	0	-	-	-	-
Total Operating Expenses	-	43,827	17,843	17,573	41,219	83,466	42,360	38,000	35,000	58,000	53,000
Total Revenue	56,805	40,368	17,431	15,412	38,288	75,326	29,518	24,000	16,000	43,000	51,000

	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30
Cost Of Revenue	14,057	4,952	11,148	7,194	6,191	6,326	9,461	9,603	13,491	3,602	8,071	2,616	1,636	2,706	2,365	1,070	1,000	5,000	3,000	9,000
Ebit	-	-	-	-	-	-	-	-	-	-	-	-127	-2,086	-1,781	-582	-107	-3,000	-4,000	-4,000	-4,000
Ebitda	-	-1,893	-	-1,656	-1,239	-474	-2,429	-1,805	894	-853	3,582	-127	-2,086	-1,781	-	-	-	-	-	-
Gross Profit	1,234	613	1,263	897	1,239	1,691	-577	893	2,902	993	911	312	279	901	2,624	2,714	1,000	1,000	1,000	1,000
Income Before Tax	3,065	-2,450	-2,472	-2,411	-1,923	-1,054	-2,980	-1,807	874	-858	3,577	-132	-2,091	-1,792	-588	-123	-	-	-	-
Income Tax Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Interest Expense	-3,249	12	133	436	42	596	551	2	20	5	5	5	5	11	6	15	-	-	-	-
Interest Income	-244	-557	-702	755	684	580	551	2	20	5	5	5	5	11	6	-	-	-	-	-
Minority Interest	-	565	-	-3	3	1	5	3	5	3	2	3	-	-	-	-	-	-	-	-
Net Income	3,108	-1,885	-2,478	-2,414	-1,920	-1,053	-2,975	-1,804	879	-855	3,579	-129	-2,089	-1,789	-586	-133	-3,000	-4,000	-3,000	-3,000
Net Income Applicable To Common Shares	3,108	-1,885	-2,478	-2,414	-1,920	-1,053	-2,975	-1,804	879	-855	3,579	-129	-2,089	-1,789	-586	-	-	-	-	-
Net Income From Continuing Ops	-	-2,450	-	-2,411	-1,923	-1,054	-2,980	-1,807	874	-858	3,577	-132	-2,091	-1,792	-588	-123	-	-	-	-
Net Interest Income	-	-557	-	-755	-684	-580	-551	-2	-20	-5	-5	-5	-5	-11	-6	-15	-	-	-	-
Operating Income	3,310	-1,893	-1,770	-1,656	-1,239	-474	-2,466	-1,034	894	-853	3,582	-127	-2,086	-1,781	-582	-113	-3,000	-4,000	-4,000	-4,000
Tax Provision	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	-	-	-	-
Total Operating Expenses	-	7,435	-	9,892	8,821	9,127	10,994	11,663	15,718	5,453	3,072	5,197	4,172	5,402	5,564	3,898	6,000	10,000	8,000	14,000
Total Revenue	15,291	5,565	12,411	8,091	7,430	8,018	8,884	10,496	16,392	4,596	8,982	2,927	1,915	3,607	4,989	3,784	2,000	6,000	4,000	10,000

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

Gross Profit (+$)
totalRevenue	56,805
Cost of Revenue	-49,867
Gross Profit	6,938	6,938

Operating Income (+$)
Gross Profit	6,938
Operating Expense	--
Operating Income	-3,723	6,938

Operating Expense (+$)
Research Development	-
Selling General Administrative	-
Selling And Marketing Expenses	-
Operating Expense	-	0

Net Interest Income (+$)
Interest Income	-3,523
Interest Expense	--3,306
Other Finance Cost	-216
Net Interest Income	-

Pretax Income (+$)
Operating Income	-3,723
Net Interest Income	-
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	-7,245	-3,723 EBIT - interestExpense = 3,306 -6,643 -9,949
Interest Expense	-3,306
Earnings Before Interest and Taxes (EBIT)	-	-10,552
Earnings Before Interest and Taxes (EBITDA)	-

After tax Income (+$)
Income Before Tax	-7,245
Tax Provision	-0
Net Income From Continuing Ops	-	-7,245
Net Income	-6,643
Net Income Applicable To Common Shares	-6,643

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	-
Total Other Income/Expenses Net	-	0

Technical Analysis of Industronics Bhd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Industronics Bhd. The general trend of Industronics Bhd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Industronics Bhd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator State	Bullish trend		Bearish trend
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Industronics Bhd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.045 < 0.045 < 0.045.

The bearish price targets are: 0.04 > 0.04 > 0.04.

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Industronics Bhd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Industronics Bhd. The current mas is .

Directionalities and relatives.

Moving Average	Amount of candles	Trend	Price +/-	vs. MA 50	vs. MA 100	vs. MA 200

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

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

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

Simple moving average

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

Source: Tradingview.com

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

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

Exponential moving average

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

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

Where:

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

Smoothed moving average

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

Linear weighted moving average

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

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

Where:

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

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

Source: Tradingview.com

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

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

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

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

Industronics Bhd Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Industronics Bhd.

Industronics Bhd Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

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

Score

Let's take a look at the Directional Movement Index (DMI) of Industronics Bhd. The current adx is .

Industronics Bhd Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Industronics Bhd.

Industronics Bhd Daily Parabolic SAR Chart

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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Industronics Bhd.

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

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

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

Original usage

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

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

How you can use RSI (Divergence)

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

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

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

Source: Tradingview.com

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

Use tradingview to add indicators

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

Tradingview

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

View tool on Tradingview.com

RSI divergence

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

There are four types of divergences:

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

Regular bullish divergence

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

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

Source: Tradingview.com

Regular bearish divergence

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

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

Source: Tradingview.com

Hidden bullish divergence

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

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

Source: Tradingview.com

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

Hidden bearish divergence

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

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

Source: Tradingview.com

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

Industronics Bhd Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Industronics Bhd.

Industronics Bhd Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Industronics Bhd.

Industronics Bhd Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Industronics Bhd.

Industronics Bhd Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Industronics Bhd.

Industronics Bhd Daily Williams %R Chart

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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Industronics Bhd.

Industronics Bhd Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Industronics Bhd.

Industronics Bhd Daily Average True Range (ATR) Chart

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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Industronics Bhd.

Industronics Bhd Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Industronics Bhd.

Industronics Bhd Daily Money Flow Index (MFI) Chart

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6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Industronics Bhd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-05-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-05-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-05-12	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-05-15	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-05-18	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-05-22	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-05-25	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-05-26	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-05-29	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2023-05-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-06-01	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-06-02	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-06-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-06-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-06-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-06-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-06-13	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-06-14	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-06-19	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-06-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-06-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-06-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2023-06-26	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-06-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-06-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-07-04	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2023-07-05	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-07-07	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-07-10	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-07-11	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-07-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-07-14	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2023-07-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-07-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-07-21	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-07-24	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2023-07-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-07-26	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2023-07-27	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-07-28	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-08-02	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-08-07	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-08-09	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-08-11	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-08-14	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2023-08-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2023-08-16	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-08-17	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-08-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-08-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-08-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-08-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-08-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-08-29	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2023-08-30	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-09-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-09-05	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-09-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-09-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-09-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-09-13	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2023-09-14	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-09-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-09-19	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-09-20	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-09-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-09-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-09-27	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Industronics Bhd Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.040
Total			0/1 (0.0%)

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Quick analysis of Industronics Bhd (30 sec.)

What can you expect buying and holding a share of Industronics Bhd? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Industronics Bhd (5 min.)

RM0.05

RM0.06

2. Growth of Industronics Bhd (5 min.)

Is Industronics Bhd growing?

How much money is Industronics Bhd making?

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

3. Financial Health of Industronics Bhd (5 min.)

4. Comparing to competitors in the Electronic Components industry (5 min.)

Industry Rankings (Electronic Components)

What can you expect buying and holding a share of Industronics Bhd? (5 min.)

What can you expect buying and holding a share of Industronics Bhd?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Industronics Bhd

About Industronics Bhd

Financial Health

Valuation

1.1. Profitability of Industronics Bhd.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Electronic Components)

1.1.2. Return on Assets

Trends

Compared to industry (Electronic Components)

1.1.3. Return on Equity

Trends

Compared to industry (Electronic Components)

1.2. Operating Efficiency of Industronics Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Electronic Components)

1.2.2. Operating Ratio

Trends

Compared to industry (Electronic Components)

1.3. Liquidity of Industronics Bhd.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Electronic Components)

1.3.2. Quick Ratio

Trends

Compared to industry (Electronic Components)

1.4. Solvency of Industronics Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Electronic Components)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Electronic Components)

2. Market Valuation of Industronics Bhd

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Electronic Components)

Industronics Bhd
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