KLCI Stock - YTL / 4677 - 2013 Quarter 1

YTL CORPORATION BERHAD


Company Description

YTL CORPORATION BERHAD is an investment holding and management company. The principal activities of the Company and its subsidiaries are that of an integrated infrastructure development comprising construction contracting, power generation, property development, manufacturing of industrial products and supplies, hotel development and management, incubating and advisory services for Internet businesses, supply of water and the treatment and disposal of waste water. It has seven business segments: construction, information technology and e-commerce related business, hotel and restaurant operations, cement manufacturing and trading, management services and others, property investment and development, and utilities. In March 2008, it acquired Trend Acres Sdn Bhd. As of July 8, 2008, it held a 61.14% interest in CCK Consolidated Holdings Berhad. In December 2008, it acquired a 26% interest in Macquarie Prime Real Estate Investment Trust.

Company Info

Listing Date	1985-04-03
Market Capital (Capital Size)	18,766,144,608 (Very Large)
Par Value	RM 0.10
Board	Main
Sector	Construction
Major Industry	Utilities
Sub Industry	Diversified Business
Website	http://www.ytl.com.my

My Analysis

Forecast P/E now	(1.76-0.02)/0.1388 = 12.54 (Moderate)
Target Price	1.94+0.02 = 1.96 (PE 14.0, EPS 0.1388, DPS 0.02)
Decision	BUY if stock price sustain and uptrend above 1.74 or wait strong rebound at lower price
Comment	Revenue decreased 4.8% but higher than preceding year corresponding quarter 11.6%, eps increased 38% and also higher than preceding year corresponding quarter 44.4%, cash generated from operating not enough to cover financing expenses hence generated more cash from financing to cover all other expenses, gross margin decreasing below 20% compared earlier above 20% to 50%, liquidity ratio indicate just enough current assets to meet current obligation, gearing ratio indicate very high liabilities risk but is good if bring more income, all accounting of turnover period is good, Cement division benefit from higher selling price of cement
First Support Price	1.7
Second Support Price	1.6
Risk Rating	MODERATE

Research House

Jupiter Target Price	2 (2012-03-16)
ECM Target Price	2.44 (2012-08-17)
Kenanga Target Price	1.8 (2012-08-17)
Maybank Target Price	2.2 (2012-11-23)

Accounting Ratio

Return on Equity	9.78%
Dividend Yield	1.14%
Gross Profit Margin	16.65%
Operating Profit Margin	15.59%
Net Profit Margin	12.82%
Tax Rate	17.88%
Asset Turnover	0.4042
Net Asset Value Per Share	1.3
Net Tangible Asset per share	0.82
Price/Net Tangible Asset Per Share	2.12
Cash Per Share	1.46
Liquidity Current Ratio	1.3624
Liquidity Quick Ratio	1.2205
Liquidity Cash Ratio	0.9151
Gearing Debt to Equity Ratio	2.9044
Gearing Debt to Asset Ratio	0.7089
Working capital per thousand Ringgit sale	26.8%
Days to sell the inventory	47
Days to collect the receivables	80
Days to pay the payables	77

Technical Analysis

SMA 10	1.75 (Uptrend)
SMA 20	1.746 (Uptrend 5 days)
SMA 50	1.75 (Same)
SMA 100	1.803 (Downtrend)
SMA 200	1.709 (Uptrend)
MACD (26d/12d)	0.002996 ( 0.000232 )
Signal (9)	-0.00221 ( 0.001302 )
MACD Histogram	0.005206 (Bullish trend 5 days)
Bolinger Upper Band	1.797
Bolinger Lower Band	1.695

My notes based on 2013 quarter 1 report (number in '000):-
- Higher revenue mainly contributed by higher sales recorded in the multi utilities, water & sewerage and mobile broadband networks division, commencement operations of two new resorts and improvement in revenue from Niseko Village K. K, substantially contributed by the Capers project under the Sentul Raya development and higher selling price of cement and better performance of concrete sales

- Higher pbt mainly due to higher selling price of cement and better performance of concrete sales and unrealised foreign exchange gain and derivative gain recorded in an offshore subsidiary

- Estimate next 4Q eps after 2013 Q1 result announced = 1275786*1.1/10662582 = 0.1316, estimate PE on current price 1.76 = 12.54(DPS 0.02)
- Estimate next 4Q eps after 2012 Q4 result announced = 14117244*0.095/9665438 = 0.1388, estimate highest/lowest PE = 13.76/11.89 (DPS 0.02)
- Estimate next 4Q eps after 2012 Q3 result announced = 14202427*0.095/9262896 = 0.1457, estimate highest/lowest PE = 14.48/11.46 (DPS 0.04)
- Estimate next 4Q eps after 2012 Q2 result announced = (13853126+2355502)*0.08/10401630 = 0.1247, estimate highest/lowest PEhighest/lowest = 14.27/11.15 (DPS 0.04)
- Estimate next 4Q eps after 2012 Q1 result announced = 0.0279*4 = 0.1116, estimate highest/lowest PE = 13.44/11.83 (DPS 0.04)
- Estimate next 4Q eps after 2011 Q4 result announced = 0.1172*1.05 = 0.1231, estimate highest/lowest PE = 12.27/10.15 (DPS 0.04)
- Estimate next 4Q eps after 2011 Q3 result announced = 0.2632*2 = 0.5264, estimate highest/lowest PE = 15.29/11.11 (DPS 0.04)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.1304*4*1.05 = 0.5477(average eps 0.1304; 5% increase), estimate highest/lowest PE = 15.41/12.69 (DPS 0.1)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.1162*1.15*4 = 0.5345, estimate highest/lowest PE = 15.9/13.55 (DPS 0.1)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.1178*4 = 0.4712, estimate highest/lowest PE = 15.93/14.85 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.1178*4 = 0.4712, estimate highest/lowest PE = 16.16/14.44 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.1162*4 = 0.4648, estimate highest/lowest PE = 16.13/15.01 (DPS 0.075)

YTL latest news (English)

YTL 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	c_asset	liab	c_liab	mino	equi	cfo	cfi	cff	cash	fcf	net	final	share	c_share	m_cap	date	gros_m	oper_m	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
2012-11-22	2013	1	N/A	N/A	0.01	2.73%	2.73%	5072130	5072130	650403	650403	391930	391930	0.0403	0.0403	51868807	21143812	36771225	15519657	2437183	15097582	402620	334149	330348	13222695	68471	398819	13621514	9723290	9723290	16918524	2012-09-30	16.65%	15.59%	12.82%	17.88%	0.4042	-	1.3	0.82	2.12	1.46	1.3624	1.2205	0.9151	2.9044	0.7089	26.8%	47	80	77
2012-08-16	2012	4	1.93	1.67	-	2.25%	9.06%	5330581	20438587	523173	2357785	281650	1135689	0.0292	0.1175	51623313	20784179	37244057	15932809	2200582	14379256	3286015	2104792	224902	12309859	1181223	956321	13266180	9641231	9665438	18414751	2012-06-30	18.24%	11.82%	9.81%	7.13%	0.3959	16.2553	1.26	0.77	2.48	1.44	1.3045	1.1693	0.874	3.0581	0.7215	23.7%	48	82	87
2012-05-22	2012	3	2.15	1.71	0.02	2.91%	6.81%	5239763	15108006	694366	1834612	364824	854039	0.0385	0.0922	51165960	21228673	36963533	15842580	2806139	14202427	2602228	1721905	879903	12138316	880323	1760226	13898542	9475518	9262896	16582156	2012-03-31	20.88%	16.73%	13.25%	23.95%	0.3971	-	1.23	0.74	2.36	1.53	1.34	1.1984	0.9167	3.2435	0.7224	26.5%	51	76	90
2012-02-23	2012	2	1.82	1.43	-	1.89%	3.90%	5325194	9868243	610103	1140246	237382	489215	0.0263	0.0544	49446571	19842130	35593445	15266152	2858997	13853126	1539260	982644	290251	12128968	556616	846867	12975835	9017484	8992923	12804827	2011-12-31	19.82%	15.07%	11.46%	27.21%	0.3907	-	1.22	0.72	1.97	1.5	1.2997	1.1532	0.8875	3.2375	0.7198	23.7%	54	74	84
2011-11-17	2012	1	1.54	1.36	-	2.01%	2.01%	4543049	4543049	530143	530143	251833	251833	0.0279	0.0279	48912718	19638215	35508632	13655751	2649833	13404086	723252	325245	334340	12189844	398007	732347	12922191	9031007	9031007	12914340	2011-09-30	22.12%	16.08%	11.67%	26.46%	0.3781	-	1.19	0.69	2.07	1.5	1.4381	1.2669	0.9907	3.3018	0.726	32.4%	59	71	86
2011-08-25	2011	4	1.55	1.29	-	2.46%	9.09%	5208343	18354770	620653	2351949	279426	1034569	0.0309	0.1144	48266185	19195471	35729250	14598133	2171082	12536935	3567092	1810553	833875	11267180	1756539	922664	12189844	9040771	9040771	12024225	2011-06-30	18.84%	13.25%	11.92%	11.00%	0.3803	11.6224	1.15	0.64	2.08	1.42	1.3149	1.1559	0.8764	3.4468	0.7403	25.0%	59	78	97
2011-05-26	2011	3	1.65	1.21	-	2.74%	6.64%	4241748	13146427	626588	1731296	312055	755143	0.1725	0.4174	47608390	18269147	35370735	12422276	2019427	12237655	2750550	1803473	74275	11046029	947077	1021352	12067381	1809061	1809061	2930678	2011-03-31	27.64%	19.62%	14.77%	23.03%	0.3752	-	5.65	3.14	0.52	7.26	1.4707	1.3501	1.0567	3.4615	0.743	32.7%	40	71	94
2011-02-24	2011	2	8.05	1.55	0.02	1.44%	3.89%	4499630	8904679	480892	1104708	164182	443088	0.0907	0.2448	47383649	18415829	35716315	8562331	2017308	11667334	2239241	1235277	457962	11046029	1003964	1461926	12507955	1810238	1810238	12780280	2010-12-31	21.10%	14.93%	10.69%	30.39%	0.3704	-	5.33	2.84	2.49	7.48	2.1508	1.9812	1.5818	3.7012	0.7538	56.1%	39	70	93
2010-11-25	2011	1	8.54	7.05	-	2.45%	2.45%	4405049	4405049	623816	623816	278906	278906	0.1542	0.1542	46985199	18331434	35396547	8431773	1983968	11588652	973061	97289	475883	11046029	875772	1351655	12397684	1808630	1808630	15409527	2010-09-30	22.45%	18.27%	14.16%	25.22%	0.3614	-	5.31	2.88	2.96	7.42	2.1741	2.0069	1.5915	3.6853	0.7534	58.3%	39	74	89
2010-08-19	2010	4	8.6	7.34	0.1	0.98%	8.24%	4718538	16505033	590678	2306580	102434	856764	0.0566	0.4735	46104761	17449063	34728477	8621853	1717033	11376284	3447922	2584386	1111274	9071219	863536	1974810	11046029	1809336	1809336	13570020	2010-06-30	20.89%	14.92%	12.52%	37.06%	0.358	15.8387	5.34	2.94	2.55	6.68	2.0238	1.8742	1.4016	3.5954	0.7533	53.5%	37	90	88
2010-05-27	2010	3	7.58	7.07	-	3.18%	7.25%	3929145	11786495	698033	1715902	330592	754330	0.1825	0.4165	45772386	16772109	34566675	7934013	1065280	11205711	1170961	1246180	2129311	9071219	75219	2054092	11125311	1811437	1811116	12897431	2010-03-31	27.88%	22.65%	17.77%	25.29%	0.3349	-	5.6	3.39	2.1	6.47	2.114	1.9452	1.4765	3.4088	0.7552	57.7%	43	86	85
2010-02-25	2010	2	7.69	6.88	-	2.08%	4.07%	3927270	7857350	514718	1017869	216224	423738	0.1194	0.2340	46910365	16238559	35846110	8035992	1323730	11064255	952728	728480	1739041	9071219	224248	1963289	11034508	1811319	1810846	13077723	2009-12-31	19.31%	17.08%	13.11%	27.28%	0.2853	-	5.38	3.02	2.39	6.42	2.0207	1.837	1.4469	3.6801	0.7641	61.3%	54	84	93
2009-11-19	2010	1	7.57	7.05	-	2.00%	2.00%	3930080	3930080	503151	503151	207514	207514	0.1162	0.1162	45316366	14577453	34624233	7740032	1153872	10692133	463288	673042	346268	9071219	209754	136514	9207733	1786164	1786164	13289060	2009-09-30	20.88%	18.13%	12.80%	24.53%	0.2446	-	5.34	3.05	2.44	5.49	1.8834	1.6787	1.2661	3.63	0.7641	61.7%	75	101	125
2009-08-20	2009	4	7.6	7.11	0.075	0.41%	7.17%	3543151	8892125	683758	2288197	47322	834472	0.0288	0.5366	45413832	14658134	35013448	7436984	953219	10400384	1486722	10482339	6393862	11672974	8995617	2601755	9071219	1642344	1555110	11693489	2009-06-30	33.54%	26.55%	19.30%	83.28%	0.1958	13.2687	6.07	3.49	2.04	5.65	1.971	1.7573	1.2485	3.7062	0.771	81.2%	102	151	181
2009-05-21	2009	3	7.48	6.45	-	4.16%	6.76%	1985145	5348974	750004	1604439	484361	787150	0.2968	0.4866	45187073	12488555	33130332	7194971	4071970	12056741	113710	4833065	919094	11672974	4719355	3800261	7872713	1631807	1617653	11504239	2009-03-31	34.84%	27.47%	37.78%	16.55%	0.1586	-	4.94	0.21	33.57	4.88	1.7357	1.5676	1.1062	4.1492	0.7332	73.9%	106	166	222
2009-02-19	2009	2	7.45	6.8	-	0.43%	2.60%	1624617	3363829	284688	854435	50422	302789	0.0316	0.1899	36956854	14237226	25469385	7327864	4086336	11487469	1105092	2164537	320305	11672974	1059445	1379750	10293224	1594568	1594466	11401161	2008-12-31	38.88%	30.69%	17.52%	32.20%	0.1844	-	4.64	3.92	1.82	6.51	1.9429	1.8608	1.4164	3.4413	0.6892	101.4%	58	171	155
2008-11-20	2009	1	7.25	6.25	-	2.17%	2.17%	1739212	1739212	569747	569747	252367	252367	0.1584	0.1584	40195540	15621044	28123156	8242163	4355760	12072384	596363	1037971	1386661	11672974	441608	945053	12618027	1593342	1593342	10117721	2008-09-30	38.67%	46.87%	32.76%	17.79%	0.1668	-	4.84	4.12	1.54	7.97	1.8953	1.8218	1.5413	3.6445	0.6997	110.0%	60	122	178
2008-08-19	2008	4	6.85	5.2	0.025	1.40%	7.05%	1818165	6549860	426384	1829842	153324	769786	0.0943	0.4742	38458561	14861266	26812724	8334913	3931417	11645837	1849920	2273877	3259144	8837787	423957	2835187	11672974	1625711	1623336	9916837	2008-06-30	55.80%	33.97%	23.45%	29.25%	0.1703	12.8638	4.75	4.06	1.5	7.39	1.783	1.717	1.4408	3.4757	0.6972	99.6%	57	125	189
2008-05-22	2008	3	7.55	6.1	0.075	1.86%	5.65%	1633666	4731695	484513	1403458	202527	616462	0.1238	0.3767	35531945	12935649	24382521	5535804	3858878	11149424	781771	74976	600832	8837787	706795	1307627	10145414	1636277	1636480	12190263	2008-03-31	44.09%	40.33%	29.66%	20.24%	0.1818	-	4.46	3.86	1.93	6.25	2.3367	2.2341	1.8462	3.3444	0.6862	114.5%	59	115	173
2008-02-22	2008	2	7.8	6.5	0.075	1.73%	3.79%	1515160	3098029	445881	918945	189327	413935	0.1162	0.2540	35654722	13022259	24356083	5479250	3801480	11298639	739988	60382	901711	8837787	679606	1581317	10419104	1629957	1629665	12550668	2007-12-31	42.06%	40.25%	29.43%	26.33%	0.1768	-	4.6	3.95	1.95	6.42	2.3766	2.277	1.9108	3.2487	0.6831	119.6%	57	110	166
2007-11-22	2008	1	8.7	7.05	0.075	2.06%	2.06%	1582869	1582869	473064	473064	224608	224608	0.1369	0.1369	35770760	13163883	24561140	4828646	3656186	11209620	515321	239790	1522427	8790597	275531	1797958	10588555	1640829	1640829	12060093	2007-09-30	42.94%	41.31%	29.89%	23.92%	0.1735	-	4.6	4.01	1.83	6.56	2.7262	2.6206	2.2301	3.2517	0.6866	134.3%	54	108	150
2007-08-23	2007	4	7.6	7.2	0.025	N/A	N/A	1729576	6015309	464334	1555744	359453	762444	0.2221	0.4825	33912520	11474084	22996016	5208563	3615151	10916504	2404675	544568	850102	6127578	1860107	2710209	8837787	1618288	1580195	11894416	2007-06-30	53.95%	40.37%	26.85%	-	0.1363	15.2332	4.62	4.02	1.83	5.58	2.2029	2.1084	1.7343	3.1496	0.6781	135.5%	71	150	195
2007-05-24	2007	3	N/A	N/A	0.075	N/A	N/A	1477645	4285733	366775	1091410	95883	402991	0.0582	0.2533	33024702	11271585	22572063	4140760	3607347	10452639	530281	231671	1775507	6029586	761952	2537459	8567045	1647683	1590963	11286628	2007-03-31	39.64%	36.60%	24.82%	29.08%	0.0876	-	4.3	3.78	1.81	5.23	2.7221	2.5948	2.0808	3.2975	0.6835	246.5%	111	248	308
2007-02-08	2007	2	N/A	N/A	0.075	N/A	N/A	1415267	2808088	360495	724635	152982	307108	0.0989	0.2026	32369325	10499105	21528241	3920244	3953438	10841084	994777	670289	1377328	6029586	324488	1701816	7731402	1546455	1515834	10129280	2006-12-31	40.02%	35.32%	25.47%	23.13%	0.0437	-	4.54	3.96	1.65	5.03	2.6782	2.5401	1.9849	3.1256	0.6651	464.8%	-	541	N/A

Financial Quarter Balance Sheet

year	qrt	Biological assets (A-0)	Derivative financial assets (A-0)	Development Expenditure (A-0)	Fixed deposits (A-0)	Intangible assets (A-0)	Investment in associated companies (A-0)	Investment properties (A-0)	Other investments (A-0)	Property, plant and equipment (A-0)	Receivables (A-0)	Amount due from associated companies (A-1)	Cash and cash equivalents (A-1)	Current tax assets (A-1)	Derivative financial assets (A-1)	Fixed deposits with licensed banks (A-1)	Inventories (A-1)	Other investments (A-1)	Property development costs (A-1)	Trade receivables (A-1)	Deferred tax liabilities (L-0)	Derivative financial liabilities (L-0)	Grant and contribution (L-0)	Loans & borrowings (L-0)	Long term payables (L-0)	Provisions (L-0)	Amount due to associated companies (L-1)	Current tax liabilities (L-1)	Derivative financial liabilities (L-1)	Loans & borrowings (L-1)	Provisions (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2013	1	1484	5449	960078	-	4710741	3170109	625081	158544	20584476	509033	25170	676963	49178	70122	12948274	959648	577082	1243057	4594318	2658034	117361	285611	17680513	380446	129603	2428	404788	93885	11522232	6198	3490126	2437183
2012	4	1316	3797	955625	-	4717126	3225964	627851	168010	20620111	519334	25303	783068	47480	75856	12569307	928654	572881	1224628	4557002	2696881	239719	280011	17584590	382149	127898	9806	402918	284648	11618783	9366	3607288	2200582
2012	3	1316	12385	1052760	-	4522151	2762629	342150	681127	20463838	98931	41377	895750	46627	157622	13059505	781409	568400	1461808	4216175	2784376	21128	250066	17828306	137830	99247	13953	422295	235146	11418937	5140	3747109	2806139
2012	2	1128	4275	1034759	-	4534372	2842539	101784	707094	20293787	84703	56619	580441	38128	104375	12404303	873890	563915	1363910	3856549	2800503	20852	252562	16986091	126032	141253	7516	407997	176166	11386856	5118	3282499	2858997
2012	1	1128	-	1005623	-	4561559	2822462	124911	663466	20012153	83201	28197	655904	43642	136966	12313817	841445	559319	1496789	3562136	2837586	-	267771	18493286	115031	139207	13685	385676	216193	9847683	25754	3166760	2649833
2011	4	1128	2611	960717	-	4569986	2854405	137484	696606	19774461	73316	21798	761362	50233	95904	11478146	835802	554925	1485700	3911601	2785365	19989	256834	17810620	125540	132769	3501	359329	248648	10440536	27269	3518850	2171082
2011	3	1057	-	831140	-	4537169	2001347	1389591	890754	19643820	44365	69400	568365	-	170601	11552679	1041715	1005187	456726	3404474	2816832	-	231267	19637130	101278	161952	4286	270554	114427	8581590	24101	3427318	2019427
2011	2	1012	-	786021	-	4503304	2025701	1376361	841582	19385602	48237	68194	690812	4380	60839	11852173	1004220	1000918	447658	3286635	2807855	-	231930	23823845	97291	193063	22545	246229	99788	4829006	27019	3337744	2017308
2011	1	1088	-	762355	-	4398769	1968075	1346308	777289	19347686	52195	74324	529781	25090	33728	11888701	978282	1000569	431323	3369636	2831828	-	228695	23616439	96859	190953	16587	199305	-	5012540	29714	3173627	1983968
2010	4	1024	-	769315	-	4347670	2310035	1333720	666670	19162783	64481	51924	584520	18284	1949	10506720	810748	993413	479482	4002023	2816360	-	218140	22791826	94432	185866	4496	184686	23749	5315912	32757	3060253	1717033
2010	3	-	-	843846	-	4000546	2504583	2983370	803789	17802104	62039	84057	594495	90306	-	10534853	910024	585053	428813	3544508	2700510	-	190837	23455169	88675	197471	9720	256509	-	4963482	43989	2660313	1065280
2010	2	-	-	865364	454	4276192	2665816	3011074	779724	18982140	91042	50152	551407	65632	-	10493759	973639	582162	502504	3019304	2894950	-	203443	24361033	98566	252126	18292	253166	-	5200879	48320	2515335	1323730
2010	1	-	-	827643	451	4083085	2834297	3011773	772831	19122717	86116	9840	505018	100438	15438	8715321	1019557	579184	564505	3068152	2789404	-	196731	23552746	97254	248066	17805	277952	65771	4750704	47204	2580596	1153872
2009	4	-	-	849190	449	4016726	2511533	2986901	673371	19659715	57813	29906	409448	105115	-	8667515	1056110	208239	533153	3648648	2916707	-	198257	24104776	103579	253145	6572	222555	-	4339794	49752	2818311	953219
2009	3	-	-	2272859	437	7640552	2639532	1866173	676884	17602081	-	83901	220211	63902	-	7691721	1024878	46922	185097	3171923	2156339	-	175044	23244890	-	359088	50839	224479	-	4375909	63271	2480473	4071970
2009	2	-	-	2262171	437	1146030	2228850	1867265	656720	14558155	-	80151	206043	67539	-	10126400	427490	46594	174198	3108811	1862644	-	100288	15849678	-	328911	51357	204396	-	5507967	14293	1549851	4086336
2009	1	-	-	2235054	437	1146050	1646944	1863648	726330	16956033	-	76601	170809	78282	-	12486437	452728	46227	152759	2157201	2201202	-	126572	17142800	-	410419	45546	183544	-	6257597	19501	1735975	4355760
2008	4	-	-	1124296	437	1130813	1560056	1612168	798162	17371363	-	29280	311272	64399	-	11416085	374817	281800	175553	2208060	2280857	-	133917	15638687	-	424350	4696	207983	-	6277679	34438	1810117	3931417
2008	3	-	-	1111815	424	974589	1531470	1439544	689443	16849011	-	76050	131815	104172	-	10042591	383031	45523	185034	1967433	2247088	-	132265	16040599	-	426765	8176	260852	-	3615695	3340	1647741	3858878
2008	2	-	-	1074756	424	1052450	1597941	1440011	608676	16858205	-	58581	128843	107236	-	10295722	378062	45182	167780	1840853	2314248	-	138959	15963592	-	460034	2410	267622	-	3630698	5512	1573008	3801480
2008	1	-	-	1063568	424	977313	1502827	1379280	626824	17056641	-	29760	98822	57514	-	10493128	365761	176391	144000	1798507	2380728	-	146085	16710572	-	495109	2144	165142	-	3245161	6892	1409307	3656186
2007	4	-	-	1041533	424	942283	1510530	1379366	611358	16952942	-	13627	103832	54342	-	8753951	354049	175283	138122	1880878	2343748	-	147363	14802865	-	493477	2934	120951	-	3687464	47337	1349877	3615151
2007	3	-	-	757492	-	830401	1485439	1475537	600854	16603394	-	26234	97758	160773	-	8474221	345858	44158	181477	1941106	2549574	-	146078	15272394	-	463257	5188	187963	-	2454390	30360	1462859	3607347
2007	2	-	-	750004	-	880269	1494933	1488330	633495	16623189	-	55280	74921	78281	-	7662647	328639	43813	212756	2042768	2547783	-	149321	14442720	-	468173	1646	155065	-	2390385	35034	1338114	3953438

Financial Quarter Income Statement

year	qrt	Revenue	Income tax expense	Cost of sales	Finance/interest costs	Other income	Administrative/Operating expenses	Minority interest	Share of profit/ (loss) of associates
2013	1	5072130	116272	4227771	240257	250571	304137	142201	99867
2012	4	5330581	37297	4358182	250275	225162	567715	204226	143602
2012	3	5239763	166329	4145614	240418	44153	261651	163213	58133
2012	2	5325194	165997	4269484	249904	28188	281293	206724	57402
2012	1	4543049	140298	3538039	270960	81287	355744	138012	70550
2011	4	5208343	68275	4227326	283001	66706	357384	272952	213315
2011	3	4241748	144295	3069364	275570	59485	399436	170238	69725
2011	2	4499630	146147	3550157	253416	74049	351634	170563	62420
2011	1	4405049	157312	3416211	239526	141469	325551	187598	58586
2010	4	4718538	218895	3732777	241163	134552	416445	269349	127973
2010	3	3929145	176561	2833536	256597	83756	289495	190880	64760
2010	2	3927270	140409	3168977	225581	64096	151560	158085	69470
2010	1	3930080	123447	3109552	278120	75633	183681	172190	68791
2009	4	3543151	569426	2354621	245269	57292	304994	67010	11801
2009	3	1985145	124095	1293609	257887	18876	165101	141548	462580
2009	2	1624617	91681	992966	257474	57693	190689	142585	43507
2009	1	1739212	101380	1066628	278178	305595	163078	216000	32824
2008	4	1818165	124726	803628	239920	48020	444985	148334	48732
2008	3	1633666	98053	913329	231901	133192	194649	183933	57534
2008	2	1515160	117409	877942	223150	93497	120795	139145	59111
2008	1	1582869	113167	903135	230677	89127	115034	135289	49914
2007	4	1729576	186753	796530	251752	176624	411419	291634	17835
2007	3	1477645	106660	891902	224363	84563	129522	164232	50354
2007	2	1415267	83367	848896	188745	36264	102712	124146	49317

Financial Quarter Segments Revenue

year	qrt	Property investment & development	Construction	Information technology & e-commerce related business	Cement Manufacturing & trading	Management services & others	Hotels	Utilities
2013	1	123564	35894	1725	561549	119953	75008	4154437
2012	4	280962	139432	1473	630842	102111	42791	4132970
2012	3	426700	82454	1480	596974	71809	101166	3959180
2012	2	321385	68416	528	643720	138816	86459	4065870
2012	1	112082	77136	2064	550631	142080	47716	3611340
2011	4	74579	51290	1667	646211	173572	47536	4213488
2011	3	240841	19079	3879	513406	67293	81212	3316038
2011	2	196841	39725	2477	567035	79183	68658	3545711
2011	1	246708	61708	3910	468457	106161	59772	3458333
2010	4	199361	105139	3805	397869	142280	47393	3726075
2010	3	217759	51609	5470	374150	29081	33657	3320637
2010	2	87872	72151	1846	576173	39378	40288	3109562
2010	1	51245	89524	5308	463375	106242	36602	3177784
2009	4	113763	29757	1310	508860	9341	63904	2816216
2009	3	44301	25980	8444	495485	57850	31008	1322077
2009	2	35152	107305	7550	551932	72759	38029	811890
2009	1	30458	79324	7886	505290	111578	41062	963614
2008	4	2487	119714	3939	468813	120379	56870	1050937
2008	3	85973	808	9727	420510	99225	38275	980764
2008	2	62308	59564	5150	359660	62270	36576	929633
2008	1	76487	44898	6297	337561	100435	41381	975809
2007	4	113201	37154	5642	338750	215643	27718	1065776
2007	3	89609	76880	6245	291396	70984	33249	909282
2007	2	35737	67967	4900	278183	70021	33857	924602

Financial Quarter Segments Profit

year	qrt	Property investment & development	Construction	Information technology & e-commerce related business	Cement Manufacturing & trading	Management services & others	Hotels	Utilities
2013	1	19464	13630	1867	153263	122244	1605	478720
2012	4	50257	19820	834	123447	144767	9921	195637
2012	3	88416	38768	580	177542	32545	14482	524318
2012	2	58326	14568	1361	132611	28659	2622	564458
2012	1	23978	25496	909	112470	67509	1165	501356
2011	4	20689	23695	929	121405	36059	5035	470301
2011	3	50004	29242	1147	133947	42610	10516	567261
2011	2	54511	2532	982	129850	32738	1800	514951
2011	1	63606	7890	951	114029	77671	1195	539414
2010	4	8484	3549	1887	105792	178163	4321	796767
2010	3	77334	436	179	115627	131758	431	565335
2010	2	19556	19764	1179	112869	30637	6107	483075
2010	1	25717	5250	603	116503	79438	2588	482381
2009	4	11555	12704	540	122933	135289	1919	635888
2009	3	17330	136	1534	94408	7165	2083	441151
2009	2	21267	1224	834	98545	13654	3912	386527
2009	1	20373	997	3353	126178	12035	2717	395088
2008	4	9717	7868	1758	99416	81935	521	580227
2008	3	22143	5471	2347	90448	78723	359	459389
2008	2	28993	2464	1863	77768	58452	2793	437587
2008	1	23806	10335	1487	94064	84057	6181	433897
2007	4	26876	10358	1300	94451	114753	405	450918
2007	3	25195	9745	1350	75297	6580	1307	421310
2007	2	24486	8593	1807	64045	6	2856	398130

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

CURRENT

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HISTORICAL

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