New Risk • Jul 01
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 11% 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: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (RM17m revenue, or US$4.1m). Market cap is less than US$100m (RM76.6m market cap, or US$18.7m). Reported Earnings • Jun 19
Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.004 in 2Q 2025) Second quarter 2026 results: EPS: RM0.003 (down from RM0.004 in 2Q 2025). Revenue: RM6.46m (down 18% from 2Q 2025). Net income: RM631.0k (down 34% from 2Q 2025). Profit margin: 9.8% (down from 12% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 04
Full year 2025 earnings released: RM0.008 loss per share (vs RM0.029 loss in FY 2024) Full year 2025 results: RM0.008 loss per share (improved from RM0.029 loss in FY 2024). Revenue: RM20.5m (up 153% from FY 2024). Net loss: RM2.13m (loss narrowed 72% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Annuncio • Feb 26
Visdynamics Holdings Berhad, Annual General Meeting, Apr 09, 2026 Visdynamics Holdings Berhad, Annual General Meeting, Apr 09, 2026, at 10:30 Singapore Standard Time. Location: lot 3844, jalan tu 52, kawasan perindustrian tasik utama, ayer keroh, 75450 melaka Malaysia Declared Dividend • Feb 16
Dividend of RM0.005 announced Shareholders will receive a dividend of RM0.005. Ex-date: 14th May 2026 Payment date: 28th May 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.6% per year over the past 9 years. However, payments have been volatile during that time. Annuncio • Feb 14
Visdynamics Holdings Berhad announces Annual dividend, payable on May 28, 2026 Visdynamics Holdings Berhad announced Annual dividend of MYR 0.0050 per share payable on May 28, 2026, ex-date on May 14, 2026 and record date on May 15, 2026. Reported Earnings • Dec 20
Full year 2025 earnings released: RM0.008 loss per share (vs RM0.029 loss in FY 2024) Full year 2025 results: RM0.008 loss per share (improved from RM0.029 loss in FY 2024). Revenue: RM20.5m (up 153% from FY 2024). Net loss: RM2.13m (loss narrowed 72% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. New Risk • Nov 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 43% per year over the past 5 years. Minor Risks Revenue is less than US$5m (RM16m revenue, or US$3.8m). Market cap is less than US$100m (RM56.9m market cap, or US$13.7m). Reported Earnings • Sep 27
Third quarter 2025 earnings released: RM0.011 loss per share (vs RM0.007 loss in 3Q 2024) Third quarter 2025 results: RM0.011 loss per share (further deteriorated from RM0.007 loss in 3Q 2024). Revenue: RM1.17m (down 50% from 3Q 2024). Net loss: RM2.81m (loss widened 57% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • Aug 15
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 7.0% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (RM17m revenue, or US$4.0m). Market cap is less than US$100m (RM54.3m market cap, or US$12.9m). Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Head of Vision Software & Executive Director Heng Chan was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 25
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 8.9% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Revenue is less than US$5m (RM17m revenue, or US$4.0m). Market cap is less than US$100m (RM54.3m market cap, or US$12.8m). Reported Earnings • Jun 20
Second quarter 2025 earnings released: EPS: RM0.004 (vs RM0.005 loss in 2Q 2024) Second quarter 2025 results: EPS: RM0.004 (up from RM0.005 loss in 2Q 2024). Revenue: RM7.85m (up 315% from 2Q 2024). Net income: RM954.0k (up RM2.36m from 2Q 2024). Profit margin: 12% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. New Risk • Apr 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 8.1% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Revenue is less than US$5m (RM11m revenue, or US$2.4m). Market cap is less than US$100m (RM48.0m market cap, or US$10.7m). New Risk • Apr 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM44.1m (US$9.82m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (RM44.1m market cap, or US$9.82m). Minor Risk Revenue is less than US$5m (RM11m revenue, or US$2.4m). Annuncio • Apr 08
Visdynamics Holdings Berhad Approves Final Single-Tier Dividend for Financial Year Ended October 31, 2024 Visdynamics Holdings Berhad at its General Meeting held on April 8, 2025, approved of 0.5 sen per ordinary share in respect of the financial year ended 31 October 2024. Reported Earnings • Mar 19
First quarter 2025 earnings released: RM0.004 loss per share (vs RM0.006 loss in 1Q 2024) First quarter 2025 results: RM0.004 loss per share (improved from RM0.006 loss in 1Q 2024). Revenue: RM3.33m (up RM2.78m from 1Q 2024). Net loss: RM949.0k (loss narrowed 39% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Annuncio • Mar 11
Visdynamics Holdings Berhad Announces Resignation of Cheng Weng Soon as Joint Secretary Visdynamics Holdings Berhad announced resignation of Cheng Weng Soon as Joint Secretary. Date of change is March 11, 2025. Annuncio • Feb 28
Visdynamics Holdings Berhad, Annual General Meeting, Apr 08, 2025 Visdynamics Holdings Berhad, Annual General Meeting, Apr 08, 2025, at 10:30 Singapore Standard Time. Location: conference room, lot 3844, jalan tu 52, kawasan perindustrian tasik utama , ayer keroh, 75450 melaka, Malaysia Declared Dividend • Feb 20
Dividend reduced to RM0.005 Dividend of RM0.005 is 50% lower than last year. Ex-date: 14th May 2025 Payment date: 28th May 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Annuncio • Feb 19
Visdynamics Holdings Berhad announces Annual dividend, payable on May 28, 2025 Visdynamics Holdings Berhad announced Annual dividend of MYR 0.0050 per share payable on May 28, 2025, ex-date on May 14, 2025 and record date on May 15, 2025. Reported Earnings • Dec 21
Full year 2024 earnings released: RM0.029 loss per share (vs RM0.013 profit in FY 2023) Full year 2024 results: RM0.029 loss per share (down from RM0.013 profit in FY 2023). Revenue: RM8.10m (down 70% from FY 2023). Net loss: RM7.71m (down 372% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. New Risk • Sep 27
New major risk - Revenue and earnings growth Earnings have declined by 4.8% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 4.8% per year over the past 5 years. Minor Risks Revenue is less than US$5m (RM13m revenue, or US$3.1m). Market cap is less than US$100m (RM85.4m market cap, or US$20.7m). Reported Earnings • Sep 27
Third quarter 2024 earnings released: RM0.007 loss per share (vs RM0.007 profit in 3Q 2023) Third quarter 2024 results: RM0.007 loss per share (down from RM0.007 profit in 3Q 2023). Revenue: RM2.32m (down 72% from 3Q 2023). Net loss: RM1.79m (down 213% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 21
Second quarter 2024 earnings released: RM0.005 loss per share (vs RM0.01 profit in 2Q 2023) Second quarter 2024 results: RM0.005 loss per share (down from RM0.01 profit in 2Q 2023). Revenue: RM1.89m (down 75% from 2Q 2023). Net loss: RM1.41m (down 154% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% 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. Reported Earnings • Mar 31
First quarter 2024 earnings released: RM0.006 loss per share (vs RM0.013 loss in 1Q 2023) First quarter 2024 results: RM0.006 loss per share (improved from RM0.013 loss in 1Q 2023). Revenue: RM551.0k (down 81% from 1Q 2023). Net loss: RM1.56m (loss narrowed 54% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Annuncio • Feb 28
Visdynamics Holdings Berhad, Annual General Meeting, Mar 29, 2024 Visdynamics Holdings Berhad, Annual General Meeting, Mar 29, 2024, at 10:30 Singapore Standard Time. Agenda: To consider the Directors' Report, Audited Financial Statements and the Auditors' Report for the financial year ended 31 October 2023; to consider and approve the payment of Directors' fees to the Directors amounting to RM252,000 for the financial year ended 31 October 2023; to consider and approve the payment of Directors benefits payable to the Non-Executive Directors of the company; to re-elect the Directors; and to consider other business matters. Declared Dividend • Feb 18
Dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 9th May 2024 Payment date: 24th May 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 24% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 17% to shift the payout ratio to a potentially unsustainable range, which is less than the 20% EPS decline seen over the last 5 years. Reported Earnings • Dec 22
Full year 2023 earnings released: EPS: RM0.013 (vs RM0.049 in FY 2022) Full year 2023 results: EPS: RM0.013 (down from RM0.049 in FY 2022). Revenue: RM26.6m (down 48% from FY 2022). Net income: RM2.84m (down 78% from FY 2022). Profit margin: 11% (down from 25% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year and the company’s share price has also fallen by 1% per year. Annuncio • Dec 22
Visdynamics Holdings Berhad Proposes Final Single-Tier Dividend for the Financial Year Ended 31 October 2023 Visdynamics Holdings Berhad proposed for a final single-tier dividend of 1 sen per ordinary share in respect of the financial year ended 31 October 2023, for the shareholders’ approval at the forthcoming Nineteenth Annual General Meeting to be held in 2024. Reported Earnings • Sep 22
Third quarter 2023 earnings released: EPS: RM0.007 (vs RM0.005 in 3Q 2022) Third quarter 2023 results: EPS: RM0.007 (up from RM0.005 in 3Q 2022). Revenue: RM8.23m (down 3.6% from 3Q 2022). Net income: RM1.59m (up 18% from 3Q 2022). Profit margin: 19% (up from 16% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Jun 21
Second quarter 2023 earnings released: EPS: RM0.015 (vs RM0.012 in 2Q 2022) Second quarter 2023 results: EPS: RM0.015. Revenue: RM7.46m (down 30% from 2Q 2022). Net income: RM2.62m (down 17% from 2Q 2022). Profit margin: 35% (up from 30% in 2Q 2022). The increase in margin was driven by lower expenses. Upcoming Dividend • Apr 26
Upcoming dividend of RM0.015 per share at 2.3% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (1.9%). Reported Earnings • Mar 29
First quarter 2023 earnings released: RM0.019 loss per share (vs RM0.016 profit in 1Q 2022) First quarter 2023 results: RM0.019 loss per share (down from RM0.016 profit in 1Q 2022). Revenue: RM2.91m (down 80% from 1Q 2022). Net loss: RM3.37m (down 221% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 18
Visdynamics Holdings Berhad Announces Final Single-Tier Dividend for the Financial Year Ended 31 October 2022, Payment Date of 19 May 2023 Visdynamics Holdings Berhad announced Final Single-Tier Dividend of 1.5 sen per ordinary share for the financial year ended 31 October 2022. Ex-Date of 03 May 2023, Entitlement date of 05 May 2023, Payment Date of 19 May 2023. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to RM1.03, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 24x in the Semiconductor industry in Malaysia. Total returns to shareholders of 53% over the past three years. Reported Earnings • Dec 28
Full year 2022 earnings released: EPS: RM0.073 (vs RM0.055 in FY 2021) Full year 2022 results: EPS: RM0.073 (up from RM0.055 in FY 2021). Revenue: RM51.1m (up 6.7% from FY 2021). Net income: RM12.7m (up 32% from FY 2021). Profit margin: 25% (up from 20% in FY 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 25
Third quarter 2022 earnings released: EPS: RM0.008 (vs RM0.024 in 3Q 2021) Third quarter 2022 results: EPS: RM0.008 (down from RM0.024 in 3Q 2021). Revenue: RM8.54m (down 45% from 3Q 2021). Net income: RM1.34m (down 67% from 3Q 2021). Profit margin: 16% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Jul 31
High number of new directors Independent & Non Executive Director Peck Chin was the last director to join the board, commencing their role in 2022. Reported Earnings • Jun 25
Second quarter 2022 earnings released: EPS: RM0.018 (vs RM0.007 in 2Q 2021) Second quarter 2022 results: EPS: RM0.018 (up from RM0.007 in 2Q 2021). Revenue: RM10.6m (up 8.2% from 2Q 2021). Net income: RM3.14m (up 175% from 2Q 2021). Profit margin: 30% (up from 12% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Nam Ming Pang was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 15
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 22 April 2022. Payment date: 19 May 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Malaysian dividend payers (4.4%). Higher than average of industry peers (1.1%). Reported Earnings • Apr 01
First quarter 2022 earnings released: EPS: RM0.016 (vs RM0.015 in 1Q 2021) First quarter 2022 results: EPS: RM0.016 (up from RM0.015 in 1Q 2021). Revenue: RM14.5m (up 33% from 1Q 2021). Net income: RM2.78m (up 9.8% from 1Q 2021). Profit margin: 19% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 26% per year. Annuncio • Mar 05
Visdynamics Holdings Berhad Announces Final Single-Tier Dividend for the Financial Year Ending 31 October 2022, Payable on 19 May 2022 Visdynamics Holdings Berhad announced final single-tier dividend of 1.5 sen per ordinary share for the financial year ending 31 October 2022. Ex-Date is 22 April 2022. Entitlement date is 25 April 2022. Payment Date is 19 May 2022. Annuncio • Mar 03
Visdynamics Holdings Berhad, Annual General Meeting, Mar 30, 2022 Visdynamics Holdings Berhad, Annual General Meeting, Mar 30, 2022, at 10:30 Singapore Standard Time. Reported Earnings • Dec 23
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: RM0.056 (up from RM0.014 in FY 2020). Revenue: RM47.9m (up 82% from FY 2020). Net income: RM9.60m (up 293% from FY 2020). Profit margin: 20% (up from 9.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to RM1.11, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 43x in the Semiconductor industry in Malaysia. Total returns to shareholders of 149% over the past three years. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to RM1.27, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 56x in the Semiconductor industry in Malaysia. Total returns to shareholders of 150% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 37% share price gain to RM1.45, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 63x in the Semiconductor industry in Malaysia. Total returns to shareholders of 104% over the past three years. Reported Earnings • Sep 24
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RM15.5m (up 284% from 3Q 2020). Net income: RM4.03m (up RM4.88m from 3Q 2020). Profit margin: 26% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 18% share price gain to RM1.07, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 72x in the Semiconductor industry in Malaysia. Total returns to shareholders of 74% over the past three years. Reported Earnings • Jun 27
Second quarter 2021 earnings released: EPS RM0.007 (vs RM0.007 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: RM9.81m (up 76% from 2Q 2020). Net income: RM1.14m (up 1.2% from 2Q 2020). Profit margin: 12% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorated over the past week After last week's 25% share price decline to RM1.04, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 60x in the Semiconductor industry in Malaysia. Total returns to shareholders of 136% over the past three years. Upcoming Dividend • Apr 24
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 30 April 2021. Payment date: 28 May 2021. Trailing yield: 0.7%. Lower than top quartile of Malaysian dividend payers (4.0%). In line with average of industry peers (0.7%). Reported Earnings • Mar 31
First quarter 2021 earnings released: EPS RM0.015 (vs RM0.01 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM10.9m (up 331% from 1Q 2020). Net income: RM2.53m (up RM4.22m from 1Q 2020). Profit margin: 23% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings.