Reported Earnings • 9h
Second quarter 2026 earnings released: EPS: RM0.016 (vs RM0.03 in 2Q 2025) Second quarter 2026 results: EPS: RM0.016 (down from RM0.03 in 2Q 2025). Revenue: RM5.50b (up 33% from 2Q 2025). Net income: RM41.3m (down 29% from 2Q 2025). Profit margin: 0.8% (down from 1.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Major Estimate Revision • May 28
Consensus revenue estimates increase by 10% The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from RM17.6b to RM19.4b. EPS estimate increased from RM0.08 to RM0.109 per share. Net income forecast to shrink 47% next year vs 27% growth forecast for Auto industry in Malaysia . Consensus price target up from RM0.97 to RM1.07. Share price was steady at RM1.14 over the past week. Reported Earnings • May 23
First quarter 2026 earnings released: EPS: RM0.023 (vs RM0.009 in 1Q 2025) First quarter 2026 results: EPS: RM0.023 (up from RM0.009 in 1Q 2025). Revenue: RM4.76b (up 16% from 1Q 2025). Net income: RM54.2m (up 206% from 1Q 2025). Profit margin: 1.1% (up from 0.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Price Target Changed • May 22
Price target increased by 18% to RM1.15 Up from RM0.97, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of RM1.11. Stock is up 39% over the past year. The company is forecast to post earnings per share of RM0.089 for next year compared to RM0.21 last year. Annuncio • Apr 24
DRB-HICOM Berhad, Annual General Meeting, May 26, 2026 DRB-HICOM Berhad, Annual General Meeting, May 26, 2026, at 10:00 Singapore Standard Time. Location: glenmarie ballroom, hilton shah alam glenmarie, (formerly known as glenmarie hotel & golf resort), no. 1, jalan usahawan u1/8, seksyen u1, 40250 shah alam, selangor darul ehsan, Malaysia Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to RM1.21, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Auto industry in Asia. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM2.00 per share. Declared Dividend • Mar 28
Dividend of RM0.025 announced Shareholders will receive a dividend of RM0.025. Ex-date: 8th April 2026 Payment date: 17th April 2026 Dividend yield will be 2.4%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (345% earnings payout ratio). However, it is well covered by cash flows (3% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 284% to bring the payout ratio under control. However, EPS is expected to decline by 47% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Annuncio • Mar 27
DRB-HICOM Berhad announces Annual dividend, payable on April 17, 2026 DRB-HICOM Berhad announced Annual dividend of MYR 0.0250 per share payable on April 17, 2026, ex-date on April 08, 2026 and record date on April 09, 2026. New Risk • Mar 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 105% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (345% payout ratio). Large one-off items impacting financial results. Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: RM0.21 (vs RM0.012 in FY 2024) Full year 2025 results: EPS: RM0.21 (up from RM0.012 in FY 2024). Revenue: RM17.3b (up 6.9% from FY 2024). Net income: RM435.1m (up RM412.5m from FY 2024). Profit margin: 2.5% (up from 0.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. New Risk • Feb 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 23% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (345% payout ratio). Buy Or Sell Opportunity • Nov 26
Now 24% undervalued Over the last 90 days, the stock has risen 29% to RM1.19. The fair value is estimated to be RM1.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 71%. Revenue is forecast to grow by 8.3% in 2 years. Earnings are forecast to grow by 571% in the next 2 years. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: RM0.03 (vs RM0.009 loss in 2Q 2024) Second quarter 2025 results: EPS: RM0.03 (up from RM0.009 loss in 2Q 2024). Revenue: RM4.14b (up 10.0% from 2Q 2024). Net income: RM58.1m (up RM75.2m from 2Q 2024). Profit margin: 1.4% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. New Risk • Aug 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.1% average weekly change). Annuncio • Aug 18
DRB-HICOM Berhad Appoints Puan Uji Sherina Binti Abdullah as Member of Audit Committee, Effective from August 18, 2025 DRB-HICOM Berhad appointed Puan Uji Sherina Binti Abdullah, age 63, as Member of Audit Committee and Independent and Non Executive, effective from August 18, 2025. Composition of Audit Committee (Name and Directorate of members after change): Dato' Ibrahim bin Taib - Chairman, Senior Independent Non-Executive Director; Madam Tang Saw Hua - Member, Independent Non-Executive Director; and Puan Uji Sherina binti Abdullah - Member, Independent Non-Executive Director. New Risk • Jul 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.2% average weekly change). Reported Earnings • May 04
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: RM0.012 (down from RM0.12 in FY 2023). Revenue: RM16.2b (up 2.1% from FY 2023). Net income: RM22.6m (down 91% from FY 2023). Profit margin: 0.1% (down from 1.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 90%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Annuncio • Apr 28
DRB-HICOM Berhad, Annual General Meeting, May 28, 2025 DRB-HICOM Berhad, Annual General Meeting, May 28, 2025, at 10:00 Singapore Standard Time. Location: glenmarie ballroom, glenmarie hotel & golf resort, no. 1, jalan usahawan u1/8, seksyen u1, selangor darul ehsan, 40250 shah alam, Malaysia New Risk • Apr 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (214% payout ratio). Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (0.1% net profit margin). Upcoming Dividend • Apr 07
Upcoming dividend of RM0.025 per share Eligible shareholders must have bought the stock before 14 April 2025. Payment date: 30 April 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (2.7%). Annuncio • Mar 30
DRB-HICOM Berhad announces Annual dividend, payable on April 30, 2025 DRB-HICOM Berhad announced Annual dividend of MYR 0.0250 per share payable on April 30, 2025, ex-date on April 14, 2025 and record date on April 15, 2025. Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: RM0.012 (vs RM0.12 in FY 2023) Full year 2024 results: EPS: RM0.012 (down from RM0.12 in FY 2023). Revenue: RM16.2b (up 2.1% from FY 2023). Net income: RM59.8m (down 75% from FY 2023). Profit margin: 0.4% (down from 1.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Price Target Changed • Feb 28
Price target decreased by 12% to RM1.06 Down from RM1.21, the current price target is an average from 4 analysts. New target price is 54% above last closing price of RM0.69. Stock is down 50% over the past year. The company is forecast to post earnings per share of RM0.11 for next year compared to RM0.12 last year. Price Target Changed • Jan 23
Price target decreased by 9.6% to RM1.21 Down from RM1.33, the current price target is an average from 4 analysts. New target price is 19% above last closing price of RM1.01. Stock is down 26% over the past year. The company is forecast to post earnings per share of RM0.11 for next year compared to RM0.12 last year. Reported Earnings • Nov 22
Third quarter 2024 earnings released: RM0.003 loss per share (vs RM0.037 profit in 3Q 2023) Third quarter 2024 results: RM0.003 loss per share (down from RM0.037 profit in 3Q 2023). Revenue: RM4.13b (up 3.4% from 3Q 2023). Net income: RM4.06m (down 94% from 3Q 2023). Profit margin: 0.1% (down from 1.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Major Estimate Revision • Sep 04
Consensus EPS estimates fall by 19% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from RM0.162 to RM0.131 per share. Revenue forecast steady at RM17.0b. Net income forecast to grow 87% next year vs 14% growth forecast for Auto industry in Malaysia. Consensus price target down from RM1.61 to RM1.48. Share price fell 8.1% to RM1.13 over the past week. Price Target Changed • Aug 29
Price target decreased by 13% to RM1.48 Down from RM1.70, the current price target is an average from 4 analysts. New target price is 25% above last closing price of RM1.19. Stock is down 17% over the past year. The company is forecast to post earnings per share of RM0.13 for next year compared to RM0.12 last year. Reported Earnings • Aug 29
Second quarter 2024 earnings released: RM0.009 loss per share (vs RM0.017 profit in 2Q 2023) Second quarter 2024 results: RM0.009 loss per share (down from RM0.017 profit in 2Q 2023). Revenue: RM3.76b (down 5.6% from 2Q 2023). Net loss: RM7.82m (down 123% from profit in 2Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year. Upcoming Dividend • May 23
Upcoming dividend of RM0.025 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Malaysian dividend payers (4.3%). Lower than average of industry peers (2.4%). Reported Earnings • May 05
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: RM0.12 (up from RM0.097 in FY 2022). Revenue: RM15.9b (up 2.2% from FY 2022). Net income: RM238.9m (up 27% from FY 2022). Profit margin: 1.5% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 29
Dividend increased to RM0.025 Dividend of RM0.025 is 25% higher than last year. Ex-date: 30th May 2024 Payment date: 27th June 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (1% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 05
DRB-HICOM Berhad Recommends Final Dividend for the Financial Year Ended 31 December 2023 The Board of Directors of DRB-HICOM Berhad announced that it has recommended a final dividend of 2.5 sen per share in respect of the financial year ended 31 December 2023, which will be tabled at the forthcoming 34th Annual General Meeting of the Company to be convened on a date to be announced later. Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: RM0.12 (vs RM0.097 in FY 2022) Full year 2023 results: EPS: RM0.12 (up from RM0.097 in FY 2022). Revenue: RM15.9b (up 2.2% from FY 2022). Net income: RM267.3m (up 42% from FY 2022). Profit margin: 1.7% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. New Risk • Nov 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: RM0.037 (vs RM0.074 in 3Q 2022) Third quarter 2023 results: EPS: RM0.037 (down from RM0.074 in 3Q 2022). Revenue: RM4.00b (down 12% from 3Q 2022). Net income: RM78.2m (down 46% from 3Q 2022). Profit margin: 2.0% (down from 3.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: RM0.017 (vs RM0.088 in 2Q 2022) Second quarter 2023 results: EPS: RM0.017 (down from RM0.088 in 2Q 2022). Revenue: RM3.98b (up 12% from 2Q 2022). Net income: RM39.6m (down 77% from 2Q 2022). Profit margin: 1.0% (down from 4.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Auto industry in Asia. Annuncio • May 30
DRB-HICOM Berhad Approves Final Dividend for the Financial Year December 31, 2022 DRB-HICOM Berhad approved the payment of a final dividend of 2.0 sen per share in respect of the financial year ended December 31, 2022, at its AGM held on May 29, 2023. Upcoming Dividend • May 23
Upcoming dividend of RM0.02 per share at 1.5% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Malaysian dividend payers (5.3%). Lower than average of industry peers (2.6%). Reported Earnings • May 04
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: RM0.15 (up from RM0.19 loss in FY 2021). Revenue: RM15.5b (up 25% from FY 2021). Net income: RM282.8m (up RM655.4m from FY 2021). Profit margin: 1.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RM1.42, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Auto industry in Asia. Total loss to shareholders of 31% over the past three years. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: RM0.097 (vs RM0.15 loss in FY 2021) Full year 2022 results: EPS: RM0.097 (up from RM0.15 loss in FY 2021). Revenue: RM15.5b (up 25% from FY 2021). Net income: RM582.2m (up RM878.7m from FY 2021). Profit margin: 3.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Price Target Changed • Dec 30
Price target increased to RM1.85 Up from RM1.67, the current price target is an average from 5 analysts. New target price is 16% above last closing price of RM1.60. Stock is up 12% over the past year. The company posted a net loss per share of RM0.15 last year. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 17% share price gain to RM1.59, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Auto industry in Asia. Total loss to shareholders of 28% over the past three years. Reported Earnings • Nov 25
Third quarter 2022 earnings released: EPS: RM0.075 (vs RM0.093 loss in 3Q 2021) Third quarter 2022 results: EPS: RM0.075 (up from RM0.093 loss in 3Q 2021). Revenue: RM4.54b (up 114% from 3Q 2021). Net income: RM146.3m (up RM325.7m from 3Q 2021). Profit margin: 3.2% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: RM0.088 (vs RM0.11 loss in 2Q 2021) Second quarter 2022 results: EPS: RM0.088 (up from RM0.11 loss in 2Q 2021). Revenue: RM3.55b (up 36% from 2Q 2021). Net income: RM169.6m (up RM387.1m from 2Q 2021). Profit margin: 4.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 8.6%, compared to a 28% growth forecast for the Auto industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Annuncio • Aug 12
DRB-HICOM Berhad Announces Redesignation from Group Director, Finance to Group Chief Financial Officer, Effective August 16, 2022 DRB-HICOM Berhad announced redesignation Puan Aminah Binti Othman of from Group Director, Finance to Group Chief Financial Officer. Age: 54. Puan Aminah Othman has more than 25 years of experience in the fields of finance and corporate treasury. She is currently the Group Director, Finance of DRB-HICOM, where she oversees the Group's accounting/reporting, corporate treasury and taxation matters. She sits on the Boards of Honda Malaysia Sdn. Bhd., HICOM-Teck See Manufacturing Malaysia Sdn. Bhd., PHN Industry Sdn. Bhd., HICOM University College Sdn. Bhd., DRB-HICOM EZ-Drive Sdn. Bhd., Media City Development Sdn. Bhd. and several private limited companies within the DRB-HICOM Group. Professional Qualification: Member of the Association of Chartered Certified Accountants (ACCA) United Kingdom. Professional Qualification: Member of the Malaysian Institute of Accountants (MIA); MIA, Malaysia. Date of change is 16 August 2022. Upcoming Dividend • Jun 22
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 18 July 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Malaysian dividend payers (4.9%). Lower than average of industry peers (2.3%). Reported Earnings • May 03
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: RM0.15 loss per share (down from RM0.29 profit in FY 2020). Revenue: RM12.4b (down 5.9% from FY 2020). Net loss: RM296.4m (down 154% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 262%. Over the next year, revenue is forecast to grow 19%, compared to a 45% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Annuncio • May 02
DRB-HICOM Berhad, Annual General Meeting, Jun 22, 2022 DRB-HICOM Berhad, Annual General Meeting, Jun 22, 2022, at 10:00 China Standard Time. Location: Training Hall, Level 6, Wisma DRB-HICOM No. 2, Jalan Usahawan U1/8, Seksyen U1 Shah Alam Selangor Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2021, together with the Reports of the Directors and Auditors thereon; to approve the payment of a final dividend of 2.0 sen per share in respect of the financial year ended 31 December 2021; to re-elect the following Directors, who retire by rotation in accordance with Article 77 of the Company's Constitution and who being eligible, offered themselves for re-election; to approve the payment of Directors' fees to the Non-Executive Chairman and Non-Executive Directors; to approve the payment of benefits payable (excluding Directors' fees) to the Non-Executive Chairman and Non-Executive Directors ; to re-appoint Ernst & Young PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration; and to consider other matters. Price Target Changed • Apr 27
Price target decreased to RM1.92 Down from RM2.07, the current price target is an average from 6 analysts. New target price is 35% above last closing price of RM1.42. Stock is down 27% over the past year. The company is forecast to post earnings per share of RM0.14 next year compared to a net loss per share of RM0.15 last year. Price Target Changed • Apr 15
Price target decreased to RM1.92 Down from RM2.07, the current price target is an average from 6 analysts. New target price is 28% above last closing price of RM1.50. Stock is down 21% over the past year. The company is forecast to post earnings per share of RM0.14 next year compared to a net loss per share of RM0.15 last year. Annuncio • Apr 08
DRB-HICOM Berhad Recommends Final Dividend for the Financial Year Ended December 31, 2021 DRB-HICOM Berhad recommended final dividend of 2 sen per share in respect of the financial year ended December 31, 2021, which will be tabled at the forthcoming 32nd annual general meeting of the company to be convened on a date to be announced later. Reported Earnings • Feb 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: RM0.15 loss per share (down from RM0.29 profit in FY 2020). Revenue: RM12.4b (down 5.9% from FY 2020). Net loss: RM296.4m (down 154% from profit in FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 19%, compared to a 18% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 19
Third quarter 2021 earnings released: RM0.093 loss per share (vs RM0.51 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: RM2.12b (down 56% from 3Q 2020). Net loss: RM173.4m (down 118% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 19
Price target decreased to RM2.03 Down from RM2.20, the current price target is an average from 7 analysts. New target price is 25% above last closing price of RM1.62. Stock is down 20% over the past year. The company is forecast to post earnings per share of RM0.077 for next year compared to RM0.29 last year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: RM0.11 loss per share (vs RM0.14 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: RM2.62b (down 25% from 2Q 2020). Net loss: RM211.5m (down 178% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Executive Departure • Jul 13
Group Director of Financial Services & Member of Management Board Amalanathan Thomas has left the company On the 30th of June, Amalanathan Thomas' tenure as Group Director of Financial Services & Member of Management Board ended. As of March 2021, Amalanathan still personally held only 37.00k shares (RM71k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 7.38 years. Upcoming Dividend • Jun 22
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 23 July 2021. Trailing yield: 1.1%. Lower than top quartile of Malaysian dividend payers (3.9%). Lower than average of industry peers (2.1%). Major Estimate Revision • Jun 07
Consensus EPS estimates fall to RM0.095 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from RM14.0b to RM13.7b. EPS estimate also fell from RM0.13 to RM0.095. Net income forecast to shrink 71% next year vs 29% growth forecast for Auto industry in Malaysia . Consensus price target down from RM2.42 to RM2.23. Share price was steady at RM1.78 over the past week. Executive Departure • Jun 02
Chief Executive Officer of Pos Malaysia Berhad Md Bin Syed Md Noor has left the company On the 1st of June, Md Bin Syed Md Noor, was replaced as CEO by Syed Faisal Bin Syed Ali Rethza Albar after 2.7 years in the role. We don't have any record of a personal shareholding under Md's name. A total of 2 executives have left over the last 12 months. Under Md's leadership, the company delivered a total shareholder return of -7.7%. Reported Earnings • Jun 01
First quarter 2021 earnings released: RM0.009 loss per share (vs RM0.14 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings and control over costs, although revenues were flat. First quarter 2021 results: Revenue: RM3.51b (flat on 1Q 2020). Net loss: RM11.0m (down 104% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Price Target Changed • Jun 01
Price target decreased to RM2.23 Down from RM2.42, the current price target is an average from 5 analysts. New target price is 25% above last closing price of RM1.78. Stock is up 9.9% over the past year. Reported Earnings • May 05
Full year 2020 earnings released: EPS RM0.29 (vs RM0.15 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: RM13.2b (down 1.3% from FY 2019). Net income: RM554.1m (up RM843.7m from FY 2019). Profit margin: 4.2% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.