LPI CAPITAL BERHAD
Company Description
Company Info
My Analysis
Research House
Accounting Ratio
Technical Analysis
My notes based on 2011 quarter 4 report (number in '000):-
- Higher revenue mainly contributed by higher gross earned premium
- Higher pbt than FY10Q4 due to growth in the gross earned premium and lower net commission expense
- Lower pbt than FY11Q3 mainly due to higher investment income received in the preceding quarter. The current quarter‟s results was also negatively impacted by the huge losses incurred by the Malaysian Motor Insurance Pool (MMIP), which was formed to cater for unplaced motor risks. All licensed general insurers have an equal share of participation in the pool. Our share of loss through the MMIP was RM11.1 million. This resulted in an increase in our motor loss ratio to 81.1% and dampened underwriting profits
- Estimate next 4Q eps after 2010 Q4 result announced = 0.1785*4*1.05 = 0.7497, estimate PE on current price 13.38 = 16.85(DPS 0.75)
- Estimate next 4Q eps after 2010 Q3 result announced = (0.2048+0.1426)*2 = 0.6948, estimate highest/lowest PE = 18.94/15.98 (DPS 0.7)
- Estimate next 4Q eps after 2010 Q2 result announced = (0.1754+0.1426)*2*1.05 = 0.6678, estimate highest/lowest PE = 20.22/16.05 (DPS 0.7)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.1754*4*1.1 = 0.7718, estimate highest/lowest PE = 17.19/16.65 (DPS 0.55)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.6383*1.1 = 0.7021, estimate highest/lowest PE = 19.27/17.73 (DPS 0.55)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.1685*4*1.05 = 0.7077, estimate highest/lowest PE = 19.57/15.42 (DPS 0.37)
- Estimate next 4Q eps after 2010 Q2 result announced = 1.0303(10% grow from 0.9366), estimate highest/lowest PE = 17.46/15.5 (DPS 0.5125)
- Estimate next 4Q eps after 2010 Q1 result announced = 1.0303(10% grow from 0.9366), estimate highest/lowest PE = 15.15/12.76 (DPS 0.675)
- Estimate next 4Q eps after 2009 Q4 result announced = 1.0533(15% grow from 0.9159), estimate highest/lowest PE = 12.94/11.53 (DPS 0.675)
- Estimate next 4Q eps after 2009 Q3 result announced = 1.0253, estimate highest/lowest PE = 13.23/11.16 (DPS 0.74)
- Estimate next 4Q eps after 2009 Q2 result announced = 1.0204, estimate highest/lowest PE = 11.43/10.25 (DPS 0.74)
- Estimate next 4Q eps after 2009 Q1 result announced = 0.979, estimate highest/lowest PE = 10.88/8.63 (DPS 0.85)
LPI latest news (English)
LPI latest news (Chinese)
Financial Quarter Summary
Financial Quarter Balance Sheet
Financial Quarter Income Statement
Financial Quarter Segments Revenue
Financial Quarter Segments Profit
Short form reference
a_date = announcement date, yr = financial year end, qrt = quarter
h_price = stock highest price during the quarter, l_price = stock lowest price during the quarter
div = dividend recommend or declare in the quarter, roe = return on equity
c_roe = cumulative of return on equity during the financial year
rev = revenue in the current quarter, c_rev = cumulative of revenue during the financial year
pbt = profit before tax in the current quarter, c_pbt = cumulative of profit before tax during the financial year
eps = earnings per share in the current quarter, c_eps = cumulative of earnings per share during the financial year
asset = total asset, liab = total liability, mino = minority interest, equi = total equity
cfo = net cash flow from operating activities, cfi = net cash flow from investing activities
cff = net cash flow from financing activities, cash = cash and cash equivalents as at beginning of financial year
final = cash and cash equivalents as at current financial period ended
share = diluted/basic weighted average number of ordinary shares
c_share = cumulative of diluted/basic weighted average number of ordinary shares during the financial year
m_cap = market capital at announcement date of quarterly report, date = current financial period ended date
prof_m = profit margin, vat = income tax rate, pe = price earning per share ratio of recent four quarter
navps = net asset value per share, ntaps = net tangible asset per share, cps = cash per share
l_cur = liquidity current ratio, l_qui = liquidity quick ratio, l_cash = liquidity cash ratio
g_de = gearing debt to equity ratio, g_da = gearing debt to assets ratio
avg_w = working capital per thousand Ringgit sale
inv_d = days to sell the inventory, rec_d = days to collect the receivables
pay_d = days to pay the payables
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Company Description
LPI CAPITAL BERHAD is a Malaysia-based investment holding company. It operates through three business segments: general insurance, engaged in underwriting of all classes of general insurance business; investment holding, engaged in investment holding operations, and financing of leases, which is engaged in providing financing for leases. The Company's general insurance business operates in two principal geographical areas: Malaysia and Singapore, while its investment holding and financing of leases business segments operates only in Malaysia. LPI’s wholly owned subsidiaries include Lonpac Insurance Bhd, which is engaged in underwriting of general insurance, London & Pacific Holdings Sdn Bhd, which is engaged in investment holding, and Public United Leasing & Factoring Sdn Bhd, which is engaged in financing of leases.
Company Info
| Listing Date | 1993-01-08 |
| Market Capital (Capital Size) | 2,961,314,852 (Large) |
| Par Value | RM 1.00 |
| Board | Main |
| Sector | Finance |
| Major Industry | Underwriting of General Insurance |
| Sub Industry | Investment Holding |
| Website | http://www.lonpac.com |
My Analysis
| Forecast P/E now | (13.38-0.75)/0.7497 = 16.85 (Moderate) |
| Target Price | 13.49+0.75 = 14.24 (PE 18.0, EPS 0.7497, DPS 0.75) |
| Decision | BUY if MACD and signal start moving back to uptrend and got stronger buying volume than selling |
| Comment | Revenue increased 1.2% and was fourth consecutive quarter increasing (higher than preceding year corresponding quarter 25.5%), eps decreased 12.8% but higher than preceding year corresponding quarter 6.8%, not enough cash for operating expenses hence increased borrowing and spent 30.9% of Group cash to cover all expenses, stronger liquidity ratio at very strong level now, lower gearing ratio but still at high level now, general insurance revenue and profit increasing |
| First Support Price | 13.3 |
| Second Support Price | 12.5 |
| Risk Rating | MODERATE |
Research House
| OSK Target Price | 13.6 (2011-10-07) |
| RHB Target Price | 11.6 (2012-01-10) |
Accounting Ratio
| Return on Equity | 13.08% |
| Dividend Yield | 5.61% |
| Profit Margin | 21.73% |
| Tax Rate | 24.36% |
| Asset Turnover | 0.3754 |
| Net Asset Value Per Share | 5.36 |
| Net Tangible Asset per share | 5.36 |
| Price/Net Tangible Asset Per Share | 2.58 |
| Cash Per Share | 1.89 |
| Liquidity Current Ratio | 5.9659 |
| Liquidity Quick Ratio | 4.0625 |
| Liquidity Cash Ratio | 1.9323 |
| Gearing Debt to Equity Ratio | 1.0356 |
| Gearing Debt to Asset Ratio | 0.5087 |
| Working capital per thousand Ringgit sale | 118.2% |
| Days to sell the inventory | 299 |
| Days to collect the receivables | 185 |
| Days to pay the payables | 121 |
Technical Analysis
| SMA 20 | 13.442 (Downtrend 6 days) |
| SMA 50 | 13.164 (Uptrend) |
| SMA 100 | 12.603 (Uptrend) |
| SMA 200 | 12.725 (Uptrend) |
| MACD (26d/12d) | 0.064559 ( 0.010365 ) |
| Signal (9) | 0.093426 ( 0.007217 ) |
| MACD Histogram | 0.028867 (Bearish trend 19 days) |
My notes based on 2011 quarter 4 report (number in '000):-
- Higher revenue mainly contributed by higher gross earned premium
- Higher pbt than FY10Q4 due to growth in the gross earned premium and lower net commission expense
- Lower pbt than FY11Q3 mainly due to higher investment income received in the preceding quarter. The current quarter‟s results was also negatively impacted by the huge losses incurred by the Malaysian Motor Insurance Pool (MMIP), which was formed to cater for unplaced motor risks. All licensed general insurers have an equal share of participation in the pool. Our share of loss through the MMIP was RM11.1 million. This resulted in an increase in our motor loss ratio to 81.1% and dampened underwriting profits
- Estimate next 4Q eps after 2010 Q4 result announced = 0.1785*4*1.05 = 0.7497, estimate PE on current price 13.38 = 16.85(DPS 0.75)
- Estimate next 4Q eps after 2010 Q3 result announced = (0.2048+0.1426)*2 = 0.6948, estimate highest/lowest PE = 18.94/15.98 (DPS 0.7)
- Estimate next 4Q eps after 2010 Q2 result announced = (0.1754+0.1426)*2*1.05 = 0.6678, estimate highest/lowest PE = 20.22/16.05 (DPS 0.7)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.1754*4*1.1 = 0.7718, estimate highest/lowest PE = 17.19/16.65 (DPS 0.55)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.6383*1.1 = 0.7021, estimate highest/lowest PE = 19.27/17.73 (DPS 0.55)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.1685*4*1.05 = 0.7077, estimate highest/lowest PE = 19.57/15.42 (DPS 0.37)
- Estimate next 4Q eps after 2010 Q2 result announced = 1.0303(10% grow from 0.9366), estimate highest/lowest PE = 17.46/15.5 (DPS 0.5125)
- Estimate next 4Q eps after 2010 Q1 result announced = 1.0303(10% grow from 0.9366), estimate highest/lowest PE = 15.15/12.76 (DPS 0.675)
- Estimate next 4Q eps after 2009 Q4 result announced = 1.0533(15% grow from 0.9159), estimate highest/lowest PE = 12.94/11.53 (DPS 0.675)
- Estimate next 4Q eps after 2009 Q3 result announced = 1.0253, estimate highest/lowest PE = 13.23/11.16 (DPS 0.74)
- Estimate next 4Q eps after 2009 Q2 result announced = 1.0204, estimate highest/lowest PE = 11.43/10.25 (DPS 0.74)
- Estimate next 4Q eps after 2009 Q1 result announced = 0.979, estimate highest/lowest PE = 10.88/8.63 (DPS 0.85)
LPI latest news (English)
LPI latest news (Chinese)
Financial Quarter Summary
| a_date | year | qrt | h_price | l_price | div | roe | c_roe | rev | c_rev | pbt | c_pbt | prof | c_prof | eps | c_eps | asset | liab | mino | equi | cfo | cfi | cff | cash | fcf | net | final | share | c_share | m_cap | date | prof_m | vat | asset_t | pe | navps | ntaps | p/ntaps | cps | l_cur | l_qui | l_cash | g_de | g_da | avg_w | inv_d | rec_d | pay_d |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012-01-09 | 2011 | 4 | N/A | N/A | 0.5 | 3.33% | 13.08% | 239323 | 902729 | 51999 | 200053 | 39334 | 154494 | 0.1785 | 0.7013 | 2405215 | 1223631 | - | 1181584 | 12173 | 6248 | 167017 | 600862 | 18421 | 185438 | 415424 | 220309 | 220289 | 3049076 | 2011-12-31 | 21.73% | 24.36% | 0.3754 | 19.7341 | 5.36 | 5.36 | 2.58 | 1.89 | 5.9659 | 4.0625 | 1.9323 | 1.0356 | 0.5087 | 118.2% | 299 | 185 | 121 |
| 2011-10-06 | 2011 | 3 | 13.86 | 11.8 | - | 4.20% | 10.71% | 236385 | 663686 | 55948 | 148054 | 45116 | 115160 | 0.2048 | 0.5228 | 2375372 | 1300376 | - | 1074996 | 120649 | 2394 | 167017 | 600861 | 118255 | 48762 | 552099 | 220306 | 220282 | 2595204 | 2011-09-30 | 23.67% | 19.36% | 0.3597 | - | 4.88 | 4.88 | 2.41 | 2.51 | 5.5131 | 3.6531 | 2.2488 | 1.2097 | 0.5474 | 129.7% | 329 | 136 | 77 |
| 2011-07-07 | 2011 | 2 | 14.2 | 11.42 | 0.25 | 2.74% | 6.10% | 213889 | 427301 | 41971 | 92106 | 31418 | 70044 | 0.1426 | 0.3180 | 2405466 | 1257778 | - | 1147688 | 105445 | 1485 | 99001 | 601051 | 103960 | 4959 | 606010 | 220269 | 220269 | 3039712 | 2011-06-30 | 19.62% | 25.14% | 0.3378 | - | 5.21 | 5.21 | 2.65 | 2.75 | 5.1175 | 3.545 | 2.279 | 1.0959 | 0.5229 | 134.7% | 307 | 140 | 84 |
| 2011-04-07 | 2011 | 1 | 13.82 | 13.4 | - | 3.50% | 3.50% | 213412 | 213412 | 50135 | 50135 | 38626 | 38626 | 0.1754 | 0.1754 | 2263985 | 1159386 | - | 1104599 | 52184 | 1407 | 115001 | 599876 | 50777 | 64224 | 535652 | 220269 | 220269 | 3030901 | 2011-03-31 | 23.49% | 22.96% | 0.3412 | - | 5.01 | 5.01 | 2.75 | 2.43 | 5.2944 | 3.7249 | 2.2789 | 1.0496 | 0.5121 | 130.7% | 291 | 149 | 82 |
| 2011-01-11 | 2010 | 4 | 14.08 | 13.0 | 0.45 | 3.17% | 11.86% | 190635 | 751726 | 49025 | 180960 | 36827 | 137561 | 0.1672 | 0.6367 | 2246462 | 1086220 | - | 1160242 | 380996 | 5507 | 4230 | 220355 | 375489 | 379719 | 600074 | 220269 | 216060 | 3061739 | 2010-12-30 | 25.72% | 24.88% | 0.3347 | 21.832 | 5.37 | 5.37 | 2.59 | 2.72 | 5.7618 | 4.1339 | 2.7701 | 0.9362 | 0.4835 | 137.2% | 311 | 131 | 60 |
| 2010-10-07 | 2010 | 3 | 14.22 | 11.28 | - | 3.30% | 9.21% | 194591 | 561327 | 47445 | 132172 | 36205 | 100971 | 0.1685 | 0.4705 | 2089798 | 993254 | - | 1096544 | 358530 | 4136 | 15415 | 218969 | 354394 | 369809 | 588778 | 214900 | 214601 | 2527224 | 2010-09-30 | 24.38% | 23.69% | 0.3542 | - | 5.11 | 5.11 | 2.3 | 0.04 | 6.9981 | 4.8557 | 0.0597 | 0.9058 | 0.4753 | 128.5% | 314 | 375 | 87 |
| 2010-07-08 | 2010 | 2 | 18.3 | 11.52 | 0.1 | 2.81% | 6.89% | 173869 | 366736 | 35896 | 84727 | 26444 | 64766 | 0.1921 | 0.4704 | 1889560 | 949088 | - | 940472 | 340120 | 2880 | 66788 | 218773 | 337240 | 270452 | 489225 | 137669 | 137669 | 2241251 | 2010-06-30 | 20.65% | 26.33% | 0.3981 | - | 6.83 | 6.83 | 2.38 | 0.08 | 5.8364 | 3.9843 | 0.0696 | 1.0092 | 0.5023 | 106.2% | 398 | 314 | 126 |
| 2010-04-08 | 2010 | 1 | 16.28 | 13.82 | - | 4.26% | 4.26% | 192867 | 192867 | 48831 | 48831 | 38322 | 38322 | 0.2784 | 0.2784 | 1821902 | 921576 | - | 900326 | 85927 | 1067 | 56788 | 219763 | 84860 | 28072 | 247835 | 137668 | 137668 | 1899818 | 2010-03-31 | 25.32% | 21.52% | 0.4088 | - | 6.54 | 6.54 | 2.11 | 0.07 | 5.6392 | 3.8856 | 0.0627 | 1.0236 | 0.5058 | 101.3% | 572 | 305 | 171 |
| 2010-01-07 | 2009 | 4 | 14.3 | 12.82 | 0.4125 | 3.88% | 14.00% | 178883 | 698462 | 46520 | 161335 | 34971 | 126088 | 0.2540 | 0.9159 | 1894506 | 993833 | - | 900673 | 253205 | 320 | 20064 | 494362 | 252885 | 272949 | 221413 | 137668 | 137668 | 1946625 | 2009-12-31 | 26.01% | 24.83% | 0.4026 | 15.4386 | 6.54 | 6.54 | 2.16 | 1.61 | 4.5956 | 3.3096 | 0.9749 | 1.1034 | 0.5246 | 107.1% | 2691 | 243 | 467 |
| 2009-10-08 | 2009 | 3 | 14.3 | 12.18 | - | 4.09% | 11.33% | 206625 | 583878 | 42584 | 114815 | 32897 | 91117 | 0.2390 | 0.6619 | 1467880 | 663940 | - | 803940 | 5300 | 301 | 10052 | 14037 | 5601 | 4451 | 9586 | 137669 | 137669 | 1682315 | 2009-09-30 | 20.61% | 22.75% | 0.4776 | - | 5.84 | 5.84 | 2.09 | 0.07 | 0.7012 | 0.7012 | 0.05 | 0.8259 | 0.4523 | -8.2% | - | 65 | N/A |
| 2009-07-06 | 2009 | 2 | 12.4 | 11.2 | 0.2625 | 3.07% | 7.86% | 166346 | 377253 | 29994 | 72231 | 22742 | 58220 | 0.1652 | 0.4229 | 1402730 | 661565 | - | 741165 | 30240 | 1059 | 26086 | 13652 | 29181 | 3095 | 10557 | 137669 | 137669 | 1583193 | 2009-06-30 | 18.03% | 24.18% | 0.4891 | - | 5.38 | 5.38 | 2.14 | 0.08 | 0.6515 | 0.6515 | 0.053 | 0.8926 | 0.4716 | -10.1% | - | 63 | N/A |
| 2009-04-08 | 2009 | 1 | 11.5 | 9.3 | - | 5.48% | 5.48% | 210907 | 210907 | 42237 | 42237 | 35478 | 35478 | 0.2577 | 0.2577 | 1195212 | 548083 | - | 647129 | 57288 | 257 | 56794 | 13267 | 57031 | 237 | 13504 | 137669 | 137669 | 1252787 | 2009-03-31 | 20.03% | 16.00% | 0.5556 | - | 4.7 | 4.7 | 1.94 | 0.1 | 1.4817 | 1.4817 | 0.1511 | 0.8469 | 0.4586 | 6.5% | - | 65 | N/A |
| 2009-01-08 | 2008 | 4 | 10.3 | 8.3 | 0.55 | 8.99% | 28.66% | 117130 | 638728 | 44517 | 141564 | 32690 | 104247 | 0.2375 | 0.7572 | 856201 | 492460 | - | 363741 | 121889 | 3799 | 112086 | 7073 | 118090 | 6004 | 13077 | 137670 | 137670 | 1349166 | 2008-12-31 | 38.01% | 26.57% | 0.746 | 12.942 | 2.64 | 2.64 | 3.71 | 0.09 | 1.648 | 1.648 | 0.2125 | 1.3539 | 0.5752 | 6.2% | - | 50 | N/A |
| 2008-10-09 | 2008 | 3 | 9.9 | 7.95 | - | 7.93% | 21.62% | 191728 | 521598 | 35379 | 97047 | 26236 | 71557 | 0.1906 | 0.5198 | 860515 | 529516 | - | 330999 | 126770 | 2592 | 112076 | 7208 | 124178 | 12102 | 19310 | 137671 | 137671 | 1390477 | 2008-09-30 | 18.45% | 25.84% | 0.7272 | - | 2.4 | 2.4 | 4.21 | 0.14 | 1.5446 | 1.5446 | 0.2456 | 1.5998 | 0.6153 | 6.8% | - | 60 | N/A |
| 2008-07-09 | 2008 | 2 | 11.5 | 9.9 | 0.3 | 5.34% | 13.52% | 144308 | 329870 | 24308 | 61668 | 17906 | 45321 | 0.1301 | 0.3292 | 852649 | 517532 | - | 335117 | 85604 | 1258 | 81513 | 7519 | 84346 | 2833 | 10352 | 137671 | 137671 | 1528148 | 2008-06-30 | 16.84% | 26.34% | 0.6921 | - | 2.43 | 2.43 | 4.57 | 0.08 | 1.2825 | 1.2825 | 0.1167 | 1.5443 | 0.607 | 4.2% | - | 64 | N/A |
| 2008-04-09 | 2008 | 1 | 12.3 | 10.8 | - | 8.69% | 8.69% | 185562 | 185562 | 37360 | 37360 | 27415 | 27415 | 0.1991 | 0.1991 | 780279 | 464804 | - | 315475 | 88024 | 479 | 81502 | 5973 | 87545 | 6043 | 12016 | 137672 | 137672 | 1541926 | 2008-03-31 | 20.13% | 26.62% | 0.7479 | - | 2.29 | 2.29 | 4.89 | 0.09 | 2.435 | 2.435 | 0.2361 | 1.4733 | 0.5957 | 12.5% | - | 70 | N/A |
| 2008-01-14 | 2007 | 4 | 12.9 | 10.5 | 0.55 | 6.81% | 23.72% | 104147 | 551624 | 34877 | 121766 | 25210 | 87770 | 0.1831 | 0.6375 | 792389 | 422388 | - | 370001 | 124840 | 11892 | 113598 | 6605 | 112948 | 650 | 5955 | 137672 | 137672 | 1720900 | 2007-12-31 | 33.49% | 27.72% | 0.6962 | 19.6069 | 2.69 | 2.69 | 4.65 | 0.04 | 1.9717 | 1.9717 | 0.1263 | 1.1416 | 0.5331 | 8.3% | - | 58 | N/A |
| 2007-10-09 | 2007 | 3 | 12.5 | 10.9 | - | 6.23% | 18.12% | 156083 | 447477 | 29830 | 86889 | 21521 | 62560 | 0.1563 | 0.4544 | 782606 | 437370 | - | 345236 | 132087 | 11486 | 113598 | 6605 | 120601 | 7003 | 13608 | 137672 | 137672 | 1555693 | 2007-09-30 | 19.11% | 27.85% | 0.7 | - | 2.51 | 2.51 | 4.5 | 0.1 | 2.0052 | 2.0052 | 0.2412 | 1.2669 | 0.5589 | 10.4% | - | 66 | N/A |
| 2007-07-04 | 2007 | 2 | N/A | N/A | 0.3 | 4.29% | 11.58% | 137785 | 291394 | 21711 | 57059 | 15211 | 41039 | 0.1104 | 0.2979 | 782161 | 427833 | - | 354328 | 86250 | 576 | 82243 | 5877 | 85674 | 3431 | 9308 | 137780 | 137780 | 1556914 | 2007-06-30 | 15.76% | 29.94% | 0.5009 | - | 2.57 | 2.57 | 4.4 | 0.07 | 1.6707 | 1.6707 | 0.1313 | 1.2074 | 0.547 | 12.1% | - | 102 | N/A |
| 2007-04-05 | 2007 | 1 | N/A | N/A | - | 7.57% | 7.57% | 153609 | 153609 | 35348 | 35348 | 25828 | 25828 | 0.1872 | 0.1872 | 730992 | 389592 | - | 341400 | 83855 | 350 | 80554 | 6470 | 83505 | 2951 | 9421 | 137935 | 137935 | 1358659 | 2007-03-31 | 23.01% | 26.93% | 0.3474 | - | 2.48 | 2.48 | 3.97 | 0.07 | 2.3928 | 2.3928 | 0.1916 | 1.1412 | 0.533 | 27.0% | - | 156 | N/A |
| 2007-01-03 | 2006 | 4 | N/A | N/A | 0.55 | 6.42% | 19.72% | 100355 | 473490 | 35291 | 110482 | 25423 | 78128 | 0.1843 | 0.5664 | 754690 | 358456 | - | 396234 | 82964 | 5411 | 75844 | 4884 | 77553 | 1709 | 6593 | 137935 | 137935 | 1289692 | 2006-12-31 | 35.17% | 27.96% | 0.133 | 16.5074 | 2.87 | 2.87 | 3.26 | 0.05 | 1.7455 | 1.7455 | 0.1514 | 0.9047 | 0.475 | 32.3% | - | 252 | N/A |
Financial Quarter Balance Sheet
| year | qrt | Available-for-sale financial assets (A-0) | Deferred acquisition cost (A-0) | Held-to-maturity financial assets (A-0) | Investment in associated companies (A-0) | Investment properties (A-0) | Property, plant and equipment (A-0) | Cash and cash equivalents (A-1) | Current tax assets (A-1) | Deferred acquisition cost (A-1) | Insurance receivables (A-1) | Loan receivables (A-1) | Reinsurance assets (A-1) | Deferred tax liabilities (L-0) | Insurance contract liabilities (L-0) | Current tax liabilities (L-1) | Financial liabilities (L-1) | Insurance payables (L-1) | Loans & borrowings (L-1) | Other payables (L-1) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011 | 4 | 779435 | 28318 | 276131 | 12765 | 13448 | 12506 | 415424 | 46 | - | 105087 | 352849 | 409206 | 890 | 1007750 | 9975 | - | 61333 | 39500 | 104183 |
| 2011 | 3 | 711961 | - | 276119 | 12706 | 11640 | 9469 | 552099 | - | 27327 | 111510 | 205915 | 456626 | 726 | 1054147 | 10806 | 88592 | 85511 | 39500 | 21094 |
| 2011 | 2 | 775839 | - | 235785 | 11997 | 11689 | 9364 | 606010 | - | 25816 | 124674 | 186166 | 418126 | 1042 | 990824 | 9580 | 89138 | 95478 | 53000 | 18716 |
| 2011 | 1 | 765154 | - | 221145 | 11847 | 11399 | 9986 | 535652 | - | 25086 | 137236 | 177571 | 368909 | 950 | 923383 | 6071 | 88465 | 91701 | 37000 | 11816 |
| 2010 | 4 | 759702 | - | 205885 | 11975 | 11447 | 9310 | 600074 | - | 25244 | 79906 | 190285 | 352634 | 1008 | 868588 | 5834 | 89448 | 56068 | 52880 | 12394 |
| 2010 | 3 | 754433 | - | 195840 | 11903 | 9016 | 8664 | 9473 | - | - | 95931 | 664740 | 339798 | 980 | 833667 | 2002 | - | 68574 | 62880 | 25151 |
| 2010 | 2 | 716245 | - | 180479 | 11967 | 8977 | 7875 | 11500 | - | - | 93624 | 552968 | 305925 | 834 | 783082 | 5797 | - | 75068 | 62880 | 21427 |
| 2010 | 1 | 701271 | - | 175657 | 12005 | 9173 | 6726 | 10203 | - | - | 116736 | 504960 | 285171 | 813 | 758139 | 4495 | - | 70179 | 72880 | 15070 |
| 2009 | 4 | 650274 | - | 172515 | 12230 | 9487 | 6290 | 221413 | - | 22544 | 69904 | 437793 | 292056 | 557 | 766166 | 10100 | 93441 | 37505 | 72880 | 13184 |
| 2009 | 3 | 1306086 | - | - | 12373 | 8625 | 6417 | 9586 | - | - | 101417 | 23376 | - | - | 472291 | 19502 | - | - | 82880 | 89267 |
| 2009 | 2 | 1245883 | - | - | 12269 | 8554 | 6361 | 10557 | - | - | 95960 | 23146 | - | - | 462528 | 29427 | - | - | 82880 | 86730 |
| 2009 | 1 | 1033678 | - | - | 12226 | 10982 | 5898 | 13504 | - | - | 97158 | 21766 | - | - | 458710 | 12446 | - | - | - | 76927 |
| 2008 | 4 | 725903 | - | - | 11482 | 10947 | 6435 | 13077 | - | - | 60735 | 27622 | - | - | 430912 | 14138 | - | 34422 | - | 12988 |
| 2008 | 3 | 711656 | - | - | 10973 | 10382 | 6068 | 19310 | - | - | 82173 | 19953 | - | - | 450896 | 6963 | - | - | - | 71657 |
| 2008 | 2 | 712802 | - | - | 10219 | 10311 | 5510 | 10352 | - | - | 83587 | 19868 | - | - | 428797 | 12573 | - | - | - | 76162 |
| 2008 | 1 | 630940 | - | - | 9946 | 9990 | 5451 | 12016 | - | - | 92216 | 19720 | - | - | 413900 | 6740 | - | - | - | 44164 |
| 2007 | 4 | 673271 | - | - | 10424 | 9990 | 5755 | 5955 | - | - | 68029 | 18965 | - | - | 375246 | 14561 | - | - | - | 32581 |
| 2007 | 3 | 643747 | - | - | 10833 | 8547 | 6361 | 13608 | - | - | 82702 | 16808 | - | 364 | 380595 | 4134 | - | - | - | 52277 |
| 2007 | 2 | 648346 | - | - | - | 8368 | 6990 | 9308 | - | - | 92025 | 17124 | - | 378 | 356551 | 8205 | - | - | - | 62699 |
| 2007 | 1 | 597339 | - | - | - | 8516 | 7463 | 9421 | - | - | 91054 | 17199 | - | 378 | 340035 | 5841 | - | - | - | 43338 |
| 2006 | 4 | 662145 | - | - | - | 8546 | 7997 | 6593 | - | - | 50482 | 18927 | - | 392 | 314522 | 7656 | - | - | - | 35886 |
Financial Quarter Income Statement
| year | qrt | Revenue | Income tax expense | Finance/interest costs | Other income | Administrative/Operating expenses | Share of profit/ (loss) of associates | Investment gain/loss | Unearned premium reserves | Underwriting surplus before management expenses | Management expenses for underwritten | Management expenses for investment | Investment income from underwriting surplus | Gross written premiums | Change in unearned premiums provision ceded to reinsurers | Gross written premiums ceded to reinsurers | Realised gains and losses | Fair value gains and losses | Gross claims paid | Claims ceded to reinsurers | Gross change in contract liabilities | Change in contract liabilities ceded to reinsurers | Commission income | Commission expense |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011 | 4 | 239323 | 12665 | 411 | 2880 | 23486 | 84 | 8341 | 33896 | - | - | - | - | 197086 | 23254 | 63598 | 4 | 1808 | 112791 | 51759 | 12501 | 24166 | 19113 | 27767 |
| 2011 | 3 | 236385 | 10832 | - | 782 | 25659 | 271 | 19342 | 14889 | - | - | - | - | 231828 | 1995 | 83665 | 0 | - | 75029 | 22622 | 48921 | 36734 | 17772 | 27235 |
| 2011 | 2 | 213889 | 10553 | - | 696 | 26111 | 54 | 7304 | 18803 | - | - | - | - | 225296 | 8923 | 86735 | 131 | - | 73364 | 19896 | 45723 | 38921 | 17333 | 25847 |
| 2011 | 1 | 213412 | 11509 | - | 712 | 25717 | 355 | 25541 | 65915 | - | - | - | - | 253702 | 30429 | 99615 | 150 | - | 98019 | 41158 | 10636 | 13927 | 14213 | 23568 |
| 2010 | 4 | 190635 | 12198 | - | 3058 | 21317 | 9 | 7073 | 13980 | - | - | - | - | 169582 | 5499 | 51875 | 4 | 2157 | 73482 | 20722 | 4889 | 9277 | 12250 | 23121 |
| 2010 | 3 | 194591 | 11240 | - | 816 | 24191 | 366 | 20355 | 22361 | - | - | - | - | 196524 | 9587 | 67760 | 239 | - | 71199 | 21249 | 30296 | 24810 | 12299 | 22993 |
| 2010 | 2 | 173869 | 9452 | - | 2790 | 22272 | 198 | 5196 | 14570 | - | - | - | - | 183167 | 6674 | 61349 | 0 | - | 79149 | 23127 | 13908 | 15647 | 12403 | 22058 |
| 2010 | 1 | 192867 | 10509 | - | 481 | 24261 | 188 | 28325 | 42204 | - | - | - | - | 206658 | 17940 | 75984 | 87 | - | 86005 | 30558 | 242 | 1725 | 12835 | 21270 |
| 2009 | 4 | 178883 | 11549 | - | 1754 | 18986 | 12 | 4845 | 24462 | - | - | - | - | 149498 | 13180 | 45093 | 52 | 862 | 621560 | 566249 | 7667 | 1210 | 11336 | 22480 |
| 2009 | 3 | 206625 | 9687 | - | 721 | - | 301 | 16847 | - | 40891 | 19863 | 1530 | 5217 | - | - | - | - | - | - | - | - | - | - | - |
| 2009 | 2 | 166346 | 7252 | - | 1556 | - | 297 | 166 | - | 45466 | 20404 | 1063 | 3976 | - | - | - | - | - | - | - | - | - | - | - |
| 2009 | 1 | 210907 | 6759 | - | 697 | - | 342 | 22268 | - | 28973 | 18564 | 887 | 9408 | - | - | - | - | - | - | - | - | - | - | - |
| 2008 | 4 | 117130 | 11827 | - | 1413 | - | 311 | 584 | - | 54709 | 15683 | 1289 | 5640 | - | - | - | - | - | - | - | - | - | - | - |
| 2008 | 3 | 191728 | 9143 | - | 631 | - | 234 | 13393 | - | 31773 | 18592 | 359 | 8299 | - | - | - | - | - | - | - | - | - | - | - |
| 2008 | 2 | 144308 | 6402 | - | 1303 | - | 72 | 295 | - | 35065 | 16670 | 125 | 4368 | - | - | - | - | - | - | - | - | - | - | - |
| 2008 | 1 | 185562 | 9945 | - | 962 | - | 20 | 21622 | - | 20795 | 16395 | 420 | 10816 | - | - | - | - | - | - | - | - | - | - | - |
| 2007 | 4 | 104147 | 9667 | - | 3231 | - | 8 | 364 | - | 42327 | 14646 | 106 | 3699 | - | - | - | - | - | - | - | - | - | - | - |
| 2007 | 3 | 156083 | 8309 | - | 765 | - | - | 9660 | - | 26817 | 16249 | 100 | 8937 | - | - | - | - | - | - | - | - | - | - | - |
| 2007 | 2 | 137785 | 6500 | - | 2159 | - | - | 2030 | - | 28089 | 14978 | 78 | 4489 | - | - | - | - | - | - | - | - | - | - | - |
| 2007 | 1 | 153609 | 9520 | - | 455 | - | - | 16164 | - | 23320 | 15449 | 395 | 11253 | - | - | - | - | - | - | - | - | - | - | - |
| 2006 | 4 | 100355 | 9868 | - | 1743 | - | - | 8266 | - | 31391 | 13427 | 128 | 7446 | - | - | - | - | - | - | - | - | - | - | - |
Financial Quarter Segments Revenue
| year | qrt | Investment holding | General insurance |
|---|---|---|---|
| 2011 | 4 | 190 | 238853 |
| 2011 | 3 | 11401 | 224984 |
| 2011 | 2 | 595 | 213294 |
| 2011 | 1 | 19412 | 194000 |
| 2010 | 4 | 64214 | 110397 |
| 2010 | 3 | 39430 | 202522 |
| 2010 | 2 | 353 | 188086 |
| 2010 | 1 | 23539 | 169328 |
| 2009 | 4 | 37591 | 114190 |
| 2009 | 3 | 16823 | 189802 |
| 2009 | 2 | 80445 | 166204 |
| 2009 | 1 | 22239 | 188668 |
| 2008 | 4 | 624 | 117754 |
| 2008 | 3 | 13353 | 178375 |
| 2008 | 2 | 233 | 144074 |
| 2008 | 1 | 21517 | 164044 |
| 2007 | 4 | 203 | 103942 |
| 2007 | 3 | 9500 | 146581 |
| 2007 | 2 | 1871 | 135912 |
| 2007 | 1 | 16006 | 137601 |
| 2006 | 4 | 8105 | 92248 |
Financial Quarter Segments Profit
| year | qrt | Elimination/Adjustment | Investment holding | General insurance |
|---|---|---|---|---|
| 2011 | 4 | - | 1316 | 53315 |
| 2011 | 3 | - | 65894 | 46054 |
| 2011 | 2 | - | 867 | 42838 |
| 2011 | 1 | - | 17600 | 32578 |
| 2010 | 4 | 63000 | 62372 | 49765 |
| 2010 | 3 | 25000 | 37871 | 34574 |
| 2010 | 2 | - | 1182 | 37078 |
| 2010 | 1 | - | 21807 | 27024 |
| 2009 | 4 | 60000 | 58372 | 48148 |
| 2009 | 3 | - | 15293 | 27291 |
| 2009 | 2 | 113826 | 56579 | 87241 |
| 2009 | 1 | - | 21353 | 20885 |
| 2008 | 4 | - | 1913 | 46119 |
| 2008 | 3 | - | 12994 | 22151 |
| 2008 | 2 | - | 143 | 24127 |
| 2008 | 1 | - | 21098 | 16282 |
| 2007 | 4 | - | 101 | 34770 |
| 2007 | 3 | - | 9400 | 20428 |
| 2007 | 2 | - | 1798 | 19916 |
| 2007 | 1 | - | 15614 | 19735 |
| 2006 | 4 | - | 7980 | 27312 |
Short form reference
a_date = announcement date, yr = financial year end, qrt = quarter
h_price = stock highest price during the quarter, l_price = stock lowest price during the quarter
div = dividend recommend or declare in the quarter, roe = return on equity
c_roe = cumulative of return on equity during the financial year
rev = revenue in the current quarter, c_rev = cumulative of revenue during the financial year
pbt = profit before tax in the current quarter, c_pbt = cumulative of profit before tax during the financial year
eps = earnings per share in the current quarter, c_eps = cumulative of earnings per share during the financial year
asset = total asset, liab = total liability, mino = minority interest, equi = total equity
cfo = net cash flow from operating activities, cfi = net cash flow from investing activities
cff = net cash flow from financing activities, cash = cash and cash equivalents as at beginning of financial year
final = cash and cash equivalents as at current financial period ended
share = diluted/basic weighted average number of ordinary shares
c_share = cumulative of diluted/basic weighted average number of ordinary shares during the financial year
m_cap = market capital at announcement date of quarterly report, date = current financial period ended date
prof_m = profit margin, vat = income tax rate, pe = price earning per share ratio of recent four quarter
navps = net asset value per share, ntaps = net tangible asset per share, cps = cash per share
l_cur = liquidity current ratio, l_qui = liquidity quick ratio, l_cash = liquidity cash ratio
g_de = gearing debt to equity ratio, g_da = gearing debt to assets ratio
avg_w = working capital per thousand Ringgit sale
inv_d = days to sell the inventory, rec_d = days to collect the receivables
pay_d = days to pay the payables
6-Months Historical Chart from shareinvestor.com
1-Years Historical Chart from shareinvestor.com
5-Years Historical Chart from shareinvestor.com
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