View Future GrowthSLP Resources Berhad 過去の業績過去 基準チェック /16SLP Resources Berhadの収益は年間平均-15.3%の割合で減少していますが、 Packaging業界の収益は年間 減少しています。収益は年間8.6% 2.1%割合で 減少しています。 SLP Resources Berhadの自己資本利益率は4.5%であり、純利益率は5.4%です。主要情報-15.33%収益成長率-15.33%EPS成長率Packaging 業界の成長14.03%収益成長率-2.06%株主資本利益率4.53%ネット・マージン5.40%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Feb 24Full year 2025 earnings released: EPS: RM0.027 (vs RM0.044 in FY 2024)Full year 2025 results: EPS: RM0.027 (down from RM0.044 in FY 2024). Revenue: RM152.1m (down 5.9% from FY 2024). Net income: RM8.45m (down 40% from FY 2024). Profit margin: 5.6% (down from 8.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 18% 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.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: RM0.01 (vs RM0.005 in 3Q 2024)Third quarter 2025 results: EPS: RM0.01 (up from RM0.005 in 3Q 2024). Revenue: RM37.6m (down 2.2% from 3Q 2024). Net income: RM3.05m (up 96% from 3Q 2024). Profit margin: 8.1% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: RM0.006 (vs RM0.01 in 2Q 2024)Second quarter 2025 results: EPS: RM0.006 (down from RM0.01 in 2Q 2024). Revenue: RM39.8m (down 4.8% from 2Q 2024). Net income: RM1.73m (down 46% from 2Q 2024). Profit margin: 4.4% (down from 7.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • May 10First quarter 2025 earnings released: EPS: RM0.01 (vs RM0.016 in 1Q 2024)First quarter 2025 results: EPS: RM0.01 (down from RM0.016 in 1Q 2024). Revenue: RM41.1m (flat on 1Q 2024). Net income: RM3.27m (down 34% from 1Q 2024). Profit margin: 8.0% (down from 12% in 1Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 26Full year 2024 earnings released: EPS: RM0.089 (vs RM0.033 in FY 2023)Full year 2024 results: EPS: RM0.089 (up from RM0.033 in FY 2023). Revenue: RM323.3m (up 99% from FY 2023). Net income: RM28.1m (up 165% from FY 2023). Profit margin: 8.7% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 30% p.a. on average during the next 2 years, while revenues in the Packaging industry in Malaysia are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.008 in 3Q 2023)Third quarter 2024 results: EPS: RM0.005 (down from RM0.008 in 3Q 2023). Revenue: RM38.4m (down 7.9% from 3Q 2023). Net income: RM1.55m (down 42% from 3Q 2023). Profit margin: 4.0% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.すべての更新を表示Recent updatesUpcoming Dividend • Jun 09Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 16 June 2026. Payment date: 08 July 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.7%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (2.3%).分析記事 • May 12Just In: One Analyst Has Become A Lot More Bullish On SLP Resources Berhad's (KLSE:SLP) EarningsSLP Resources Berhad ( KLSE:SLP ) shareholders will have a reason to smile today, with the covering analyst making...New Risk • May 11New major risk - Revenue and earnings growthEarnings have declined by 15% 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. Payout ratio: 193% Cash payout ratio: 147% Earnings have declined by 15% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM263.1m market cap, or US$67.0m).Declared Dividend • May 11First quarter dividend of RM0.01 announcedDividend of RM0.01 is the same as last year. Ex-date: 16th June 2026 Payment date: 8th July 2026 Dividend yield will be 5.7%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (193% earnings payout ratio) nor is it covered by cash flows (147% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 114% to bring the payout ratio under control. However, EPS has declined by 16% over the last 5 years so the company would need to reverse this trend.お知らせ • Apr 29SLP Resources Berhad, Annual General Meeting, Jun 10, 2026SLP Resources Berhad, Annual General Meeting, Jun 10, 2026, at 11:00 Singapore Standard Time. Location: iconic 1 & 2, level 7, iconic hotel, no. 71, jalan icon city, icon city, 14000 bukit mertajam. penang, MalaysiaPrice Target Changed • Apr 23Price target increased by 11% to RM0.90Up from RM0.81, the current price target is provided by 1 analyst. New target price is 11% above last closing price of RM0.81. Stock is down 6.4% over the past year. The company posted earnings per share of RM0.027 last year.Upcoming Dividend • Mar 12Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 16 March 2026. Payment date: 08 April 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.1%. Within top quartile of Malaysian dividend payers (5.5%). Higher than average of industry peers (2.7%).Declared Dividend • Feb 25Fourth quarter dividend of RM0.013 announcedDividend of RM0.013 is the same as last year. Ex-date: 16th March 2026 Payment date: 8th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (178% earnings payout ratio) nor is it covered by cash flows (213% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 98% to bring the payout ratio under control. EPS is expected to grow by 75% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.New Risk • Feb 24New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 122% Cash payout ratio: 213% Dividend yield: 6.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Cash payout ratio: 213% Minor Risks Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (RM242.5m market cap, or US$62.2m).Reported Earnings • Feb 24Full year 2025 earnings released: EPS: RM0.027 (vs RM0.044 in FY 2024)Full year 2025 results: EPS: RM0.027 (down from RM0.044 in FY 2024). Revenue: RM152.1m (down 5.9% from FY 2024). Net income: RM8.45m (down 40% from FY 2024). Profit margin: 5.6% (down from 8.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 18% 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.Board Change • Dec 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent and Non Executive Director Kean Lee was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Nov 28Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 05 December 2025. Payment date: 06 January 2026. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 6.0%. Within top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (3.4%).Declared Dividend • Nov 10Third quarter dividend of RM0.013 announcedShareholders will receive a dividend of RM0.013. Ex-date: 5th December 2025 Payment date: 8th January 2026 Dividend yield will be 6.1%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio). However, it is covered by cash flows (78% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 18% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: RM0.01 (vs RM0.005 in 3Q 2024)Third quarter 2025 results: EPS: RM0.01 (up from RM0.005 in 3Q 2024). Revenue: RM37.6m (down 2.2% from 3Q 2024). Net income: RM3.05m (up 96% from 3Q 2024). Profit margin: 8.1% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.New Risk • Sep 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Dividend is not well covered by earnings (138% payout ratio). Market cap is less than US$100m (RM269.4m market cap, or US$64.3m).Upcoming Dividend • Sep 03Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 10 September 2025. Payment date: 09 October 2025. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 5.5%. Lower than top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (3.8%).分析記事 • Aug 12One SLP Resources Berhad (KLSE:SLP) Analyst Just Made A Major Cut To Next Year's EstimatesKLSE:SLP 1 Year Share Price vs Fair Value Explore SLP Resources Berhad's Fair Values from the Community and select...Price Target Changed • Aug 12Price target decreased by 11% to RM0.89Down from RM1.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of RM0.87. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of RM0.035 for next year compared to RM0.044 last year.分析記事 • Aug 11SLP Resources Berhad (KLSE:SLP) Has Affirmed Its Dividend Of MYR0.0125The board of SLP Resources Berhad ( KLSE:SLP ) has announced that it will pay a dividend on the 9th of October, with...Declared Dividend • Aug 11Second quarter dividend of RM0.013 announcedDividend of RM0.013 is the same as last year. Ex-date: 10th September 2025 Payment date: 9th October 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (138% earnings payout ratio). However, it is covered by cash flows (76% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. However, EPS has declined by 9.5% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: RM0.006 (vs RM0.01 in 2Q 2024)Second quarter 2025 results: EPS: RM0.006 (down from RM0.01 in 2Q 2024). Revenue: RM39.8m (down 4.8% from 2Q 2024). Net income: RM1.73m (down 46% from 2Q 2024). Profit margin: 4.4% (down from 7.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 05Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 09 July 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.6%. Within top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (4.1%).分析記事 • May 13SLP Resources Berhad (KLSE:SLP) Has Announced A Dividend Of MYR0.01SLP Resources Berhad ( KLSE:SLP ) will pay a dividend of MYR0.01 on the 9th of July. This makes the dividend yield...Declared Dividend • May 13First quarter dividend of RM0.01 announcedDividend of RM0.01 is the same as last year. Ex-date: 12th June 2025 Payment date: 9th July 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio) nor is it covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 16% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • May 10First quarter 2025 earnings released: EPS: RM0.01 (vs RM0.016 in 1Q 2024)First quarter 2025 results: EPS: RM0.01 (down from RM0.016 in 1Q 2024). Revenue: RM41.1m (flat on 1Q 2024). Net income: RM3.27m (down 34% from 1Q 2024). Profit margin: 8.0% (down from 12% in 1Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Apr 29SLP Resources Berhad, Annual General Meeting, Jun 11, 2025SLP Resources Berhad, Annual General Meeting, Jun 11, 2025, at 11:00 Singapore Standard Time. Location: iconic 1 & 2, level 7, iconic hotel, 71 jalan icon city, icon city, 14000 bukit mertajam, penang, MalaysiaUpcoming Dividend • Mar 13Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 17 March 2025. Payment date: 09 April 2025. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 5.3%. Lower than top quartile of Malaysian dividend payers (5.7%). Higher than average of industry peers (3.7%).Price Target Changed • Mar 01Price target increased by 9.5% to RM1.00Up from RM0.91, the current price target is provided by 1 analyst. New target price is 15% above last closing price of RM0.87. Stock is down 8.4% over the past year. The company is forecast to post earnings per share of RM0.05 for next year compared to RM0.089 last year.分析記事 • Feb 27SLP Resources Berhad's (KLSE:SLP) Dividend Will Be MYR0.0125SLP Resources Berhad ( KLSE:SLP ) will pay a dividend of MYR0.0125 on the 9th of April. This means the annual payment...Declared Dividend • Feb 27Fourth quarter dividend of RM0.013 announcedDividend of RM0.013 is the same as last year. Ex-date: 17th March 2025 Payment date: 9th April 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio). However, it is well covered by cash flows (38% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. However, EPS is expected to decline by 48% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Feb 26Full year 2024 earnings released: EPS: RM0.089 (vs RM0.033 in FY 2023)Full year 2024 results: EPS: RM0.089 (up from RM0.033 in FY 2023). Revenue: RM323.3m (up 99% from FY 2023). Net income: RM28.1m (up 165% from FY 2023). Profit margin: 8.7% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 30% p.a. on average during the next 2 years, while revenues in the Packaging industry in Malaysia are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Nov 29Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 06 December 2024. Payment date: 27 December 2024. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 5.4%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (3.6%).Major Estimate Revision • Nov 15Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from RM175.7m to RM169.7m. EPS estimate also fell from RM0.055 per share to RM0.049 per share. Net income forecast to grow 56% next year vs 40% growth forecast for Packaging industry in Malaysia. Consensus price target down from RM0.91 to RM0.86. Share price was steady at RM0.90 over the past week.Declared Dividend • Nov 11Third quarter dividend of RM0.013 announcedShareholders will receive a dividend of RM0.013. Ex-date: 6th December 2024 Payment date: 27th December 2024 Dividend yield will be 5.3%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio). However, it is covered by cash flows (85% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. EPS is expected to grow by 38% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.008 in 3Q 2023)Third quarter 2024 results: EPS: RM0.005 (down from RM0.008 in 3Q 2023). Revenue: RM38.4m (down 7.9% from 3Q 2023). Net income: RM1.55m (down 42% from 3Q 2023). Profit margin: 4.0% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 04Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 11 September 2024. Payment date: 10 October 2024. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 5.1%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.9%).Declared Dividend • Aug 11Second quarter dividend of RM0.013 announcedShareholders will receive a dividend of RM0.013. Ex-date: 11th September 2024 Payment date: 10th October 2024 Dividend yield will be 5.3%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 36% to bring the payout ratio under control. EPS is expected to grow by 71% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.011 in 2Q 2023)Second quarter 2024 results: EPS: RM0.01 (down from RM0.011 in 2Q 2023). Revenue: RM41.8m (up 11% from 2Q 2023). Net income: RM3.24m (down 7.2% from 2Q 2023). Profit margin: 7.7% (down from 9.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jul 29Now 22% overvaluedOver the last 90 days, the stock has fallen 7.8% to RM0.94. The fair value is estimated to be RM0.77, however this is not to be taken as a sell 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 14%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.Upcoming Dividend • Jun 03Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 10 June 2024. Payment date: 04 July 2024. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 4.8%. Within top quartile of Malaysian dividend payers (4.4%). Higher than average of industry peers (2.5%).Price Target Changed • May 07Price target increased by 7.5% to RM0.91Up from RM0.84, the current price target is an average from 3 analysts. New target price is 13% below last closing price of RM1.04. Stock is up 15% over the past year. The company is forecast to post earnings per share of RM0.057 for next year compared to RM0.033 last year.Declared Dividend • May 06First quarter dividend of RM0.01 announcedDividend of RM0.01 is the same as last year. Ex-date: 10th June 2024 Payment date: 4th July 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 66% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • May 04First quarter 2024 earnings released: EPS: RM0.016 (vs RM0.01 in 1Q 2023)First quarter 2024 results: EPS: RM0.016 (up from RM0.01 in 1Q 2023). Revenue: RM40.8m (up 1.3% from 1Q 2023). Net income: RM4.94m (up 63% from 1Q 2023). Profit margin: 12% (up from 7.5% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.分析記事 • May 03Capital Allocation Trends At SLP Resources Berhad (KLSE:SLP) Aren't IdealIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...お知らせ • May 01SLP Resources Berhad, Annual General Meeting, Jun 07, 2024SLP Resources Berhad, Annual General Meeting, Jun 07, 2024, at 11:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the year ended 31 December 2023 and Reports of the Directors and Auditors thereon; to re-elect the following Directors who retire pursuant to Article 88 of the Company's Constitution; to approve the Directors' Fees of up to RM200,000 for the financial year ending 31 December 2024; to approve the payment of benefits payable to the Non-Executive Directors up to an amount of RM25,000, from 08 June 2024 until the next AGM of the Company; to re-appoint Messrs KPMG PLT as Auditors of the Company for the financial year ending 31 December 2024 and to authorize the Board of Directors to determine their remuneration; and to discuss other matters.Buy Or Sell Opportunity • Apr 29Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 7.4% to RM1.02. The fair value is estimated to be RM0.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 9.8%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Reported Earnings • Apr 21Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: RM0.033 (down from RM0.065 in FY 2022). Revenue: RM162.3m (down 13% from FY 2022). Net income: RM10.6m (down 49% from FY 2022). Profit margin: 6.5% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Mar 19Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.6% to RM0.96. The fair value is estimated to be RM0.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 9.8%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Upcoming Dividend • Mar 08Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 05 April 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.0%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.9%).分析記事 • Mar 02SLP Resources Berhad (KLSE:SLP) Is Paying Out A Dividend Of MYR0.0125SLP Resources Berhad's ( KLSE:SLP ) investors are due to receive a payment of MYR0.0125 per share on 5th of April. The...分析記事 • Feb 28Earnings Miss: SLP Resources Berhad Missed EPS By 27% And Analysts Are Revising Their ForecastsSLP Resources Berhad ( KLSE:SLP ) last week reported its latest full-year results, which makes it a good time for...Declared Dividend • Feb 28Fourth quarter dividend of RM0.013 announcedShareholders will receive a dividend of RM0.013. Ex-date: 15th March 2024 Payment date: 5th April 2024 Dividend yield will be 5.0%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (138% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. EPS is expected to grow by 62% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Feb 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: RM0.034 (down from RM0.065 in FY 2022). Revenue: RM162.3m (down 13% from FY 2022). Net income: RM10.6m (down 49% from FY 2022). Profit margin: 6.5% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Upcoming Dividend • Nov 30Upcoming dividend of RM0.013 per share at 6.4% yieldEligible shareholders must have bought the stock before 07 December 2023. Payment date: 05 January 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.4%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.8%).New Risk • Nov 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 138% Cash payout ratio: 102% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (RM269.4m market cap, or US$57.7m).Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: RM0.008 (vs RM0.016 in 3Q 2022)Third quarter 2023 results: EPS: RM0.008 (down from RM0.016 in 3Q 2022). Revenue: RM41.7m (down 12% from 3Q 2022). Net income: RM2.67m (down 46% from 3Q 2022). Profit margin: 6.4% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Aug 31Upcoming dividend of RM0.013 per share at 6.6% yieldEligible shareholders must have bought the stock before 07 September 2023. Payment date: 05 October 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.6%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.9%).Major Estimate Revision • Aug 11Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM179.7m to RM168.7m. EPS estimate also fell from RM0.057 per share to RM0.049 per share. Net income forecast to grow 25% next year vs 24% growth forecast for Packaging industry in Malaysia. Consensus price target down from RM0.90 to RM0.81. Share price fell 2.3% to RM0.85 over the past week.分析記事 • Aug 07SLP Resources Berhad (KLSE:SLP) Is Reducing Its Dividend To MYR0.0125SLP Resources Berhad ( KLSE:SLP ) has announced it will be reducing its dividend payable on the 5th of October to...New Risk • Aug 07New minor risk - Earnings qualityThe 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 121% Cash payout ratio: 103% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.0% net profit margin). Market cap is less than US$100m (RM271.0m market cap, or US$59.4m).New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.0% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 127% Cash payout ratio: 103% Minor Risks Profit margins are more than 30% lower than last year (8.0% net profit margin). Market cap is less than US$100m (RM275.8m market cap, or US$60.5m).Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: RM0.011 (vs RM0.028 in 2Q 2022)Second quarter 2023 results: EPS: RM0.011 (down from RM0.028 in 2Q 2022). Revenue: RM37.6m (down 20% from 2Q 2022). Net income: RM3.49m (down 61% from 2Q 2022). Profit margin: 9.3% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Packaging industry in Malaysia. 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 7% per year, which means it is significantly lagging earnings.Price Target Changed • Jun 12Price target decreased by 9.2% to RM0.90Down from RM0.99, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of RM0.89. Stock is down 1.1% over the past year. The company is forecast to post earnings per share of RM0.057 for next year compared to RM0.065 last year.Upcoming Dividend • Jun 06Upcoming dividend of RM0.01 per share at 6.1% yieldEligible shareholders must have bought the stock before 12 June 2023. Payment date: 06 July 2023. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 6.1%. Within top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (3.4%).お知らせ • May 06SLP Resources Berhad Announces First Interim Dividend for the Financial Year Ending 31 December 2023, Payable on 06 July 2023SLP Resources Berhad announced first interim dividend of 1.0 sen per share for the financial year ending 31 December 2023, payable on 06 July 2023. Entitlement date is 13 June 2023. Ex-Date is 12 June 2023.Reported Earnings • Apr 21Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: RM0.065 (up from RM0.056 in FY 2021). Revenue: RM185.7m (up 9.9% from FY 2021). Net income: RM20.6m (up 16% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Upcoming Dividend • Mar 08Upcoming dividend of RM0.015 per share at 5.8% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 13 April 2023. Payout ratio is on the higher end at 85%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Within top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (3.1%).Reported Earnings • Feb 25Full year 2022 earnings released: EPS: RM0.065 (vs RM0.056 in FY 2021)Full year 2022 results: EPS: RM0.065 (up from RM0.056 in FY 2021). Revenue: RM185.7m (up 9.9% from FY 2021). Net income: RM20.6m (up 16% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.Board Change • Jan 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent and Non Executive Director Kean Lee was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 31+ 3 more updatesSLP Resources Berhad Announces Resignation of CHAN WAH CHONG as Non Independent and Non Executive DirectorSLP Resources Berhad announced the resignation of MR. CHAN WAH CHONG, age 58 as Non Independent and Non Executive Director, Date of change is December 30, 2022. Reason: Mr. Chan has served the Board for more than 12 years. Qualifications: Professional Qualification: Accounting in Malaysian Institute of Accountants. Working experience and occupation: More than 30 years in accountancy and presently running his own corporate advisory company.Upcoming Dividend • Nov 30Upcoming dividend of RM0.015 per shareEligible shareholders must have bought the stock before 07 December 2022. Payment date: 06 January 2023. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 5.4%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (3.1%).Price Target Changed • Nov 16Price target increased to RM0.99Up from RM0.90, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM0.96. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of RM0.058 for next year compared to RM0.056 last year.分析記事 • Nov 07SLP Resources Berhad (KLSE:SLP) Is Due To Pay A Dividend Of MYR0.015SLP Resources Berhad's ( KLSE:SLP ) investors are due to receive a payment of MYR0.015 per share on 6th of January...Price Target Changed • Nov 07Price target increased to RM0.99Up from RM0.90, the current price target is an average from 4 analysts. New target price is 7.0% below last closing price of RM1.07. Stock is up 14% over the past year. The company is forecast to post earnings per share of RM0.058 for next year compared to RM0.056 last year.お知らせ • Nov 05SLP Resources Berhad Announces Third Interim Dividend for the Financial Year Ending 31 December 2022, Payable on 06 January 2023SLP Resources Berhad announced Third Interim Dividend of 1.5 sen per ordinary share in respect of the financial year ending 31 December 2022. Scheduled dates are as follows: Ex-Date 07 December 2022, Entitlement date 08 December 2022 and Payment Date 06 January 2023.Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: RM0.016 (vs RM0.01 in 3Q 2021)Third quarter 2022 results: EPS: RM0.016 (up from RM0.01 in 3Q 2021). Revenue: RM47.2m (up 31% from 3Q 2021). Net income: RM4.94m (up 60% from 3Q 2021). Profit margin: 11% (up from 8.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.Upcoming Dividend • Sep 01Upcoming dividend of RM0.015 per shareEligible shareholders must have bought the stock before 08 September 2022. Payment date: 06 October 2022. Payout ratio is on the higher end at 85%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (2.9%).お知らせ • Aug 06SLP Resources Berhad Announces Second Interim Dividend of the Financial Year Ending 31 December 2022, Payment Date 06 Oct 2022SLP Resources Berhad announced second Interim Dividend of 1.5 sen per ordinary share in respect of the financial year ending 31 December 2022. Ex-Date 08 Sep 2022, Entitlement date 09 Sep 2022 and Payment Date 06 Oct 2022.Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: RM0.028 (vs RM0.015 in 2Q 2021)Second quarter 2022 results: EPS: RM0.028 (up from RM0.015 in 2Q 2021). Revenue: RM47.1m (up 13% from 2Q 2021). Net income: RM8.86m (up 89% from 2Q 2021). Profit margin: 19% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year.お知らせ • Jul 02+ 11 more updatesSLP Resources Berhad Appoints MR LEE KEAN CHEONG as Independent and Non Executive Chairman of Remuneration CommitteeSLP Resources Berhad announced the appointment of MR LEE KEAN CHEONG as Independent and Non Executive Chairman of Remuneration Committee, date of change is July 1, 2022. Composition of Remuneration Committee: Chairman: Lee Kean Cheong; Members: Law Cheng Lock; Oh Phaik Choo.収支内訳SLP Resources Berhad の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史KLSE:SLP 収益、費用、利益 ( )MYR Millions日付収益収益G+A経費研究開発費31 Mar 26145817031 Dec 25152817030 Sep 251591214030 Jun 251601114031 Mar 251621214031 Dec 241621414030 Sep 241641113030 Jun 241671213031 Mar 241631313031 Dec 231621113030 Sep 231651112030 Jun 231711412031 Mar 231801912031 Dec 221862112030 Sep 221852212030 Jun 221742012031 Mar 221681612031 Dec 211691812030 Sep 211651813030 Jun 211661913031 Mar 211591913031 Dec 201471613030 Sep 201441713030 Jun 201491813031 Mar 201582013031 Dec 191672113030 Sep 191762511030 Jun 191862511031 Mar 191872511031 Dec 181882511030 Sep 181862311030 Jun 181792111031 Mar 181781911031 Dec 171801911030 Sep 171762310030 Jun 171712411031 Mar 171702511031 Dec 161692511030 Sep 16174249030 Jun 16175289031 Mar 16176289031 Dec 15172279030 Sep 151672490質の高い収益: SLPは 高品質の収益 を持っています。利益率の向上: SLPの現在の純利益率 (5.4%)は、昨年(7.6%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SLPの収益は過去 5 年間で年間15.3%減少しました。成長の加速: SLPは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: SLPは過去 1 年間で収益成長率がマイナス ( -37% ) となったため、 Packaging業界平均 ( 3.2% ) と比較することが困難です。株主資本利益率高いROE: SLPの 自己資本利益率 ( 4.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/01 10:32終値2026/07/31 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SLP Resources Berhad 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Brian YeohAffin Hwang Investment BankTeng KhooKenanga ResearchChris TongKenanga Research
Reported Earnings • Feb 24Full year 2025 earnings released: EPS: RM0.027 (vs RM0.044 in FY 2024)Full year 2025 results: EPS: RM0.027 (down from RM0.044 in FY 2024). Revenue: RM152.1m (down 5.9% from FY 2024). Net income: RM8.45m (down 40% from FY 2024). Profit margin: 5.6% (down from 8.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 18% 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.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: RM0.01 (vs RM0.005 in 3Q 2024)Third quarter 2025 results: EPS: RM0.01 (up from RM0.005 in 3Q 2024). Revenue: RM37.6m (down 2.2% from 3Q 2024). Net income: RM3.05m (up 96% from 3Q 2024). Profit margin: 8.1% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: RM0.006 (vs RM0.01 in 2Q 2024)Second quarter 2025 results: EPS: RM0.006 (down from RM0.01 in 2Q 2024). Revenue: RM39.8m (down 4.8% from 2Q 2024). Net income: RM1.73m (down 46% from 2Q 2024). Profit margin: 4.4% (down from 7.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: RM0.01 (vs RM0.016 in 1Q 2024)First quarter 2025 results: EPS: RM0.01 (down from RM0.016 in 1Q 2024). Revenue: RM41.1m (flat on 1Q 2024). Net income: RM3.27m (down 34% from 1Q 2024). Profit margin: 8.0% (down from 12% in 1Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 26Full year 2024 earnings released: EPS: RM0.089 (vs RM0.033 in FY 2023)Full year 2024 results: EPS: RM0.089 (up from RM0.033 in FY 2023). Revenue: RM323.3m (up 99% from FY 2023). Net income: RM28.1m (up 165% from FY 2023). Profit margin: 8.7% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 30% p.a. on average during the next 2 years, while revenues in the Packaging industry in Malaysia are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.008 in 3Q 2023)Third quarter 2024 results: EPS: RM0.005 (down from RM0.008 in 3Q 2023). Revenue: RM38.4m (down 7.9% from 3Q 2023). Net income: RM1.55m (down 42% from 3Q 2023). Profit margin: 4.0% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 09Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 16 June 2026. Payment date: 08 July 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.7%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (2.3%).
分析記事 • May 12Just In: One Analyst Has Become A Lot More Bullish On SLP Resources Berhad's (KLSE:SLP) EarningsSLP Resources Berhad ( KLSE:SLP ) shareholders will have a reason to smile today, with the covering analyst making...
New Risk • May 11New major risk - Revenue and earnings growthEarnings have declined by 15% 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. Payout ratio: 193% Cash payout ratio: 147% Earnings have declined by 15% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM263.1m market cap, or US$67.0m).
Declared Dividend • May 11First quarter dividend of RM0.01 announcedDividend of RM0.01 is the same as last year. Ex-date: 16th June 2026 Payment date: 8th July 2026 Dividend yield will be 5.7%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (193% earnings payout ratio) nor is it covered by cash flows (147% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 114% to bring the payout ratio under control. However, EPS has declined by 16% over the last 5 years so the company would need to reverse this trend.
お知らせ • Apr 29SLP Resources Berhad, Annual General Meeting, Jun 10, 2026SLP Resources Berhad, Annual General Meeting, Jun 10, 2026, at 11:00 Singapore Standard Time. Location: iconic 1 & 2, level 7, iconic hotel, no. 71, jalan icon city, icon city, 14000 bukit mertajam. penang, Malaysia
Price Target Changed • Apr 23Price target increased by 11% to RM0.90Up from RM0.81, the current price target is provided by 1 analyst. New target price is 11% above last closing price of RM0.81. Stock is down 6.4% over the past year. The company posted earnings per share of RM0.027 last year.
Upcoming Dividend • Mar 12Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 16 March 2026. Payment date: 08 April 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.1%. Within top quartile of Malaysian dividend payers (5.5%). Higher than average of industry peers (2.7%).
Declared Dividend • Feb 25Fourth quarter dividend of RM0.013 announcedDividend of RM0.013 is the same as last year. Ex-date: 16th March 2026 Payment date: 8th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (178% earnings payout ratio) nor is it covered by cash flows (213% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 98% to bring the payout ratio under control. EPS is expected to grow by 75% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
New Risk • Feb 24New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 122% Cash payout ratio: 213% Dividend yield: 6.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Cash payout ratio: 213% Minor Risks Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (RM242.5m market cap, or US$62.2m).
Reported Earnings • Feb 24Full year 2025 earnings released: EPS: RM0.027 (vs RM0.044 in FY 2024)Full year 2025 results: EPS: RM0.027 (down from RM0.044 in FY 2024). Revenue: RM152.1m (down 5.9% from FY 2024). Net income: RM8.45m (down 40% from FY 2024). Profit margin: 5.6% (down from 8.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 18% 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.
Board Change • Dec 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent and Non Executive Director Kean Lee was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Nov 28Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 05 December 2025. Payment date: 06 January 2026. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 6.0%. Within top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (3.4%).
Declared Dividend • Nov 10Third quarter dividend of RM0.013 announcedShareholders will receive a dividend of RM0.013. Ex-date: 5th December 2025 Payment date: 8th January 2026 Dividend yield will be 6.1%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio). However, it is covered by cash flows (78% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 18% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: RM0.01 (vs RM0.005 in 3Q 2024)Third quarter 2025 results: EPS: RM0.01 (up from RM0.005 in 3Q 2024). Revenue: RM37.6m (down 2.2% from 3Q 2024). Net income: RM3.05m (up 96% from 3Q 2024). Profit margin: 8.1% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
New Risk • Sep 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Dividend is not well covered by earnings (138% payout ratio). Market cap is less than US$100m (RM269.4m market cap, or US$64.3m).
Upcoming Dividend • Sep 03Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 10 September 2025. Payment date: 09 October 2025. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 5.5%. Lower than top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (3.8%).
分析記事 • Aug 12One SLP Resources Berhad (KLSE:SLP) Analyst Just Made A Major Cut To Next Year's EstimatesKLSE:SLP 1 Year Share Price vs Fair Value Explore SLP Resources Berhad's Fair Values from the Community and select...
Price Target Changed • Aug 12Price target decreased by 11% to RM0.89Down from RM1.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of RM0.87. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of RM0.035 for next year compared to RM0.044 last year.
分析記事 • Aug 11SLP Resources Berhad (KLSE:SLP) Has Affirmed Its Dividend Of MYR0.0125The board of SLP Resources Berhad ( KLSE:SLP ) has announced that it will pay a dividend on the 9th of October, with...
Declared Dividend • Aug 11Second quarter dividend of RM0.013 announcedDividend of RM0.013 is the same as last year. Ex-date: 10th September 2025 Payment date: 9th October 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (138% earnings payout ratio). However, it is covered by cash flows (76% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. However, EPS has declined by 9.5% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: RM0.006 (vs RM0.01 in 2Q 2024)Second quarter 2025 results: EPS: RM0.006 (down from RM0.01 in 2Q 2024). Revenue: RM39.8m (down 4.8% from 2Q 2024). Net income: RM1.73m (down 46% from 2Q 2024). Profit margin: 4.4% (down from 7.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 05Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 09 July 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.6%. Within top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (4.1%).
分析記事 • May 13SLP Resources Berhad (KLSE:SLP) Has Announced A Dividend Of MYR0.01SLP Resources Berhad ( KLSE:SLP ) will pay a dividend of MYR0.01 on the 9th of July. This makes the dividend yield...
Declared Dividend • May 13First quarter dividend of RM0.01 announcedDividend of RM0.01 is the same as last year. Ex-date: 12th June 2025 Payment date: 9th July 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio) nor is it covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 16% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: RM0.01 (vs RM0.016 in 1Q 2024)First quarter 2025 results: EPS: RM0.01 (down from RM0.016 in 1Q 2024). Revenue: RM41.1m (flat on 1Q 2024). Net income: RM3.27m (down 34% from 1Q 2024). Profit margin: 8.0% (down from 12% in 1Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 29SLP Resources Berhad, Annual General Meeting, Jun 11, 2025SLP Resources Berhad, Annual General Meeting, Jun 11, 2025, at 11:00 Singapore Standard Time. Location: iconic 1 & 2, level 7, iconic hotel, 71 jalan icon city, icon city, 14000 bukit mertajam, penang, Malaysia
Upcoming Dividend • Mar 13Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 17 March 2025. Payment date: 09 April 2025. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 5.3%. Lower than top quartile of Malaysian dividend payers (5.7%). Higher than average of industry peers (3.7%).
Price Target Changed • Mar 01Price target increased by 9.5% to RM1.00Up from RM0.91, the current price target is provided by 1 analyst. New target price is 15% above last closing price of RM0.87. Stock is down 8.4% over the past year. The company is forecast to post earnings per share of RM0.05 for next year compared to RM0.089 last year.
分析記事 • Feb 27SLP Resources Berhad's (KLSE:SLP) Dividend Will Be MYR0.0125SLP Resources Berhad ( KLSE:SLP ) will pay a dividend of MYR0.0125 on the 9th of April. This means the annual payment...
Declared Dividend • Feb 27Fourth quarter dividend of RM0.013 announcedDividend of RM0.013 is the same as last year. Ex-date: 17th March 2025 Payment date: 9th April 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio). However, it is well covered by cash flows (38% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. However, EPS is expected to decline by 48% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Feb 26Full year 2024 earnings released: EPS: RM0.089 (vs RM0.033 in FY 2023)Full year 2024 results: EPS: RM0.089 (up from RM0.033 in FY 2023). Revenue: RM323.3m (up 99% from FY 2023). Net income: RM28.1m (up 165% from FY 2023). Profit margin: 8.7% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 30% p.a. on average during the next 2 years, while revenues in the Packaging industry in Malaysia are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Nov 29Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 06 December 2024. Payment date: 27 December 2024. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 5.4%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (3.6%).
Major Estimate Revision • Nov 15Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from RM175.7m to RM169.7m. EPS estimate also fell from RM0.055 per share to RM0.049 per share. Net income forecast to grow 56% next year vs 40% growth forecast for Packaging industry in Malaysia. Consensus price target down from RM0.91 to RM0.86. Share price was steady at RM0.90 over the past week.
Declared Dividend • Nov 11Third quarter dividend of RM0.013 announcedShareholders will receive a dividend of RM0.013. Ex-date: 6th December 2024 Payment date: 27th December 2024 Dividend yield will be 5.3%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio). However, it is covered by cash flows (85% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. EPS is expected to grow by 38% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.008 in 3Q 2023)Third quarter 2024 results: EPS: RM0.005 (down from RM0.008 in 3Q 2023). Revenue: RM38.4m (down 7.9% from 3Q 2023). Net income: RM1.55m (down 42% from 3Q 2023). Profit margin: 4.0% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 04Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 11 September 2024. Payment date: 10 October 2024. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 5.1%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.9%).
Declared Dividend • Aug 11Second quarter dividend of RM0.013 announcedShareholders will receive a dividend of RM0.013. Ex-date: 11th September 2024 Payment date: 10th October 2024 Dividend yield will be 5.3%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 36% to bring the payout ratio under control. EPS is expected to grow by 71% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.011 in 2Q 2023)Second quarter 2024 results: EPS: RM0.01 (down from RM0.011 in 2Q 2023). Revenue: RM41.8m (up 11% from 2Q 2023). Net income: RM3.24m (down 7.2% from 2Q 2023). Profit margin: 7.7% (down from 9.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jul 29Now 22% overvaluedOver the last 90 days, the stock has fallen 7.8% to RM0.94. The fair value is estimated to be RM0.77, however this is not to be taken as a sell 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 14%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.
Upcoming Dividend • Jun 03Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 10 June 2024. Payment date: 04 July 2024. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 4.8%. Within top quartile of Malaysian dividend payers (4.4%). Higher than average of industry peers (2.5%).
Price Target Changed • May 07Price target increased by 7.5% to RM0.91Up from RM0.84, the current price target is an average from 3 analysts. New target price is 13% below last closing price of RM1.04. Stock is up 15% over the past year. The company is forecast to post earnings per share of RM0.057 for next year compared to RM0.033 last year.
Declared Dividend • May 06First quarter dividend of RM0.01 announcedDividend of RM0.01 is the same as last year. Ex-date: 10th June 2024 Payment date: 4th July 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 66% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • May 04First quarter 2024 earnings released: EPS: RM0.016 (vs RM0.01 in 1Q 2023)First quarter 2024 results: EPS: RM0.016 (up from RM0.01 in 1Q 2023). Revenue: RM40.8m (up 1.3% from 1Q 2023). Net income: RM4.94m (up 63% from 1Q 2023). Profit margin: 12% (up from 7.5% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
分析記事 • May 03Capital Allocation Trends At SLP Resources Berhad (KLSE:SLP) Aren't IdealIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
お知らせ • May 01SLP Resources Berhad, Annual General Meeting, Jun 07, 2024SLP Resources Berhad, Annual General Meeting, Jun 07, 2024, at 11:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the year ended 31 December 2023 and Reports of the Directors and Auditors thereon; to re-elect the following Directors who retire pursuant to Article 88 of the Company's Constitution; to approve the Directors' Fees of up to RM200,000 for the financial year ending 31 December 2024; to approve the payment of benefits payable to the Non-Executive Directors up to an amount of RM25,000, from 08 June 2024 until the next AGM of the Company; to re-appoint Messrs KPMG PLT as Auditors of the Company for the financial year ending 31 December 2024 and to authorize the Board of Directors to determine their remuneration; and to discuss other matters.
Buy Or Sell Opportunity • Apr 29Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 7.4% to RM1.02. The fair value is estimated to be RM0.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 9.8%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Reported Earnings • Apr 21Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: RM0.033 (down from RM0.065 in FY 2022). Revenue: RM162.3m (down 13% from FY 2022). Net income: RM10.6m (down 49% from FY 2022). Profit margin: 6.5% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Mar 19Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.6% to RM0.96. The fair value is estimated to be RM0.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 9.8%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Upcoming Dividend • Mar 08Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 05 April 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.0%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.9%).
分析記事 • Mar 02SLP Resources Berhad (KLSE:SLP) Is Paying Out A Dividend Of MYR0.0125SLP Resources Berhad's ( KLSE:SLP ) investors are due to receive a payment of MYR0.0125 per share on 5th of April. The...
分析記事 • Feb 28Earnings Miss: SLP Resources Berhad Missed EPS By 27% And Analysts Are Revising Their ForecastsSLP Resources Berhad ( KLSE:SLP ) last week reported its latest full-year results, which makes it a good time for...
Declared Dividend • Feb 28Fourth quarter dividend of RM0.013 announcedShareholders will receive a dividend of RM0.013. Ex-date: 15th March 2024 Payment date: 5th April 2024 Dividend yield will be 5.0%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (138% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. EPS is expected to grow by 62% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Feb 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: RM0.034 (down from RM0.065 in FY 2022). Revenue: RM162.3m (down 13% from FY 2022). Net income: RM10.6m (down 49% from FY 2022). Profit margin: 6.5% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Upcoming Dividend • Nov 30Upcoming dividend of RM0.013 per share at 6.4% yieldEligible shareholders must have bought the stock before 07 December 2023. Payment date: 05 January 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.4%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.8%).
New Risk • Nov 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 138% Cash payout ratio: 102% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (RM269.4m market cap, or US$57.7m).
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: RM0.008 (vs RM0.016 in 3Q 2022)Third quarter 2023 results: EPS: RM0.008 (down from RM0.016 in 3Q 2022). Revenue: RM41.7m (down 12% from 3Q 2022). Net income: RM2.67m (down 46% from 3Q 2022). Profit margin: 6.4% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Aug 31Upcoming dividend of RM0.013 per share at 6.6% yieldEligible shareholders must have bought the stock before 07 September 2023. Payment date: 05 October 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.6%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.9%).
Major Estimate Revision • Aug 11Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM179.7m to RM168.7m. EPS estimate also fell from RM0.057 per share to RM0.049 per share. Net income forecast to grow 25% next year vs 24% growth forecast for Packaging industry in Malaysia. Consensus price target down from RM0.90 to RM0.81. Share price fell 2.3% to RM0.85 over the past week.
分析記事 • Aug 07SLP Resources Berhad (KLSE:SLP) Is Reducing Its Dividend To MYR0.0125SLP Resources Berhad ( KLSE:SLP ) has announced it will be reducing its dividend payable on the 5th of October to...
New Risk • Aug 07New minor risk - Earnings qualityThe 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 121% Cash payout ratio: 103% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.0% net profit margin). Market cap is less than US$100m (RM271.0m market cap, or US$59.4m).
New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.0% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 127% Cash payout ratio: 103% Minor Risks Profit margins are more than 30% lower than last year (8.0% net profit margin). Market cap is less than US$100m (RM275.8m market cap, or US$60.5m).
Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: RM0.011 (vs RM0.028 in 2Q 2022)Second quarter 2023 results: EPS: RM0.011 (down from RM0.028 in 2Q 2022). Revenue: RM37.6m (down 20% from 2Q 2022). Net income: RM3.49m (down 61% from 2Q 2022). Profit margin: 9.3% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Packaging industry in Malaysia. 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 7% per year, which means it is significantly lagging earnings.
Price Target Changed • Jun 12Price target decreased by 9.2% to RM0.90Down from RM0.99, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of RM0.89. Stock is down 1.1% over the past year. The company is forecast to post earnings per share of RM0.057 for next year compared to RM0.065 last year.
Upcoming Dividend • Jun 06Upcoming dividend of RM0.01 per share at 6.1% yieldEligible shareholders must have bought the stock before 12 June 2023. Payment date: 06 July 2023. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 6.1%. Within top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (3.4%).
お知らせ • May 06SLP Resources Berhad Announces First Interim Dividend for the Financial Year Ending 31 December 2023, Payable on 06 July 2023SLP Resources Berhad announced first interim dividend of 1.0 sen per share for the financial year ending 31 December 2023, payable on 06 July 2023. Entitlement date is 13 June 2023. Ex-Date is 12 June 2023.
Reported Earnings • Apr 21Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: RM0.065 (up from RM0.056 in FY 2021). Revenue: RM185.7m (up 9.9% from FY 2021). Net income: RM20.6m (up 16% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Upcoming Dividend • Mar 08Upcoming dividend of RM0.015 per share at 5.8% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 13 April 2023. Payout ratio is on the higher end at 85%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Within top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (3.1%).
Reported Earnings • Feb 25Full year 2022 earnings released: EPS: RM0.065 (vs RM0.056 in FY 2021)Full year 2022 results: EPS: RM0.065 (up from RM0.056 in FY 2021). Revenue: RM185.7m (up 9.9% from FY 2021). Net income: RM20.6m (up 16% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.
Board Change • Jan 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent and Non Executive Director Kean Lee was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 31+ 3 more updatesSLP Resources Berhad Announces Resignation of CHAN WAH CHONG as Non Independent and Non Executive DirectorSLP Resources Berhad announced the resignation of MR. CHAN WAH CHONG, age 58 as Non Independent and Non Executive Director, Date of change is December 30, 2022. Reason: Mr. Chan has served the Board for more than 12 years. Qualifications: Professional Qualification: Accounting in Malaysian Institute of Accountants. Working experience and occupation: More than 30 years in accountancy and presently running his own corporate advisory company.
Upcoming Dividend • Nov 30Upcoming dividend of RM0.015 per shareEligible shareholders must have bought the stock before 07 December 2022. Payment date: 06 January 2023. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 5.4%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (3.1%).
Price Target Changed • Nov 16Price target increased to RM0.99Up from RM0.90, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM0.96. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of RM0.058 for next year compared to RM0.056 last year.
分析記事 • Nov 07SLP Resources Berhad (KLSE:SLP) Is Due To Pay A Dividend Of MYR0.015SLP Resources Berhad's ( KLSE:SLP ) investors are due to receive a payment of MYR0.015 per share on 6th of January...
Price Target Changed • Nov 07Price target increased to RM0.99Up from RM0.90, the current price target is an average from 4 analysts. New target price is 7.0% below last closing price of RM1.07. Stock is up 14% over the past year. The company is forecast to post earnings per share of RM0.058 for next year compared to RM0.056 last year.
お知らせ • Nov 05SLP Resources Berhad Announces Third Interim Dividend for the Financial Year Ending 31 December 2022, Payable on 06 January 2023SLP Resources Berhad announced Third Interim Dividend of 1.5 sen per ordinary share in respect of the financial year ending 31 December 2022. Scheduled dates are as follows: Ex-Date 07 December 2022, Entitlement date 08 December 2022 and Payment Date 06 January 2023.
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: RM0.016 (vs RM0.01 in 3Q 2021)Third quarter 2022 results: EPS: RM0.016 (up from RM0.01 in 3Q 2021). Revenue: RM47.2m (up 31% from 3Q 2021). Net income: RM4.94m (up 60% from 3Q 2021). Profit margin: 11% (up from 8.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
Upcoming Dividend • Sep 01Upcoming dividend of RM0.015 per shareEligible shareholders must have bought the stock before 08 September 2022. Payment date: 06 October 2022. Payout ratio is on the higher end at 85%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (2.9%).
お知らせ • Aug 06SLP Resources Berhad Announces Second Interim Dividend of the Financial Year Ending 31 December 2022, Payment Date 06 Oct 2022SLP Resources Berhad announced second Interim Dividend of 1.5 sen per ordinary share in respect of the financial year ending 31 December 2022. Ex-Date 08 Sep 2022, Entitlement date 09 Sep 2022 and Payment Date 06 Oct 2022.
Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: RM0.028 (vs RM0.015 in 2Q 2021)Second quarter 2022 results: EPS: RM0.028 (up from RM0.015 in 2Q 2021). Revenue: RM47.1m (up 13% from 2Q 2021). Net income: RM8.86m (up 89% from 2Q 2021). Profit margin: 19% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year.
お知らせ • Jul 02+ 11 more updatesSLP Resources Berhad Appoints MR LEE KEAN CHEONG as Independent and Non Executive Chairman of Remuneration CommitteeSLP Resources Berhad announced the appointment of MR LEE KEAN CHEONG as Independent and Non Executive Chairman of Remuneration Committee, date of change is July 1, 2022. Composition of Remuneration Committee: Chairman: Lee Kean Cheong; Members: Law Cheng Lock; Oh Phaik Choo.