Tan Chong Motor Holdings Berhad

KLSE:TCHONG Stock Report

Market Cap: RM 270.4m

Tan Chong Motor Holdings Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Tan Chong Motor Holdings Berhad has a total shareholder equity of MYR2.6B and total debt of MYR1.7B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are MYR5.1B and MYR2.5B respectively.

Key information

66.1%

Debt to equity ratio

RM 1.70b

Debt

Interest coverage ration/a
CashRM 556.12m
EquityRM 2.57b
Total liabilitiesRM 2.54b
Total assetsRM 5.11b

Recent financial health updates

Recent updates

Health Check: How Prudently Does Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Use Debt?

Nov 21
Health Check: How Prudently Does Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Use Debt?

Shareholders May Be More Conservative With Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) CEO Compensation For Now

May 22
Shareholders May Be More Conservative With Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) CEO Compensation For Now

Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Is Due To Pay A Dividend Of MYR0.01

May 26
Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Is Due To Pay A Dividend Of MYR0.01

Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Earnings Are Weaker Than They Seem

Nov 29
Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Earnings Are Weaker Than They Seem

Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Dividend Will Be RM0.015

May 26
Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Dividend Will Be RM0.015

Consider This Before Buying Tan Chong Motor Holdings Berhad (KLSE:TCHONG) For The 2.6% Dividend

Apr 01
Consider This Before Buying Tan Chong Motor Holdings Berhad (KLSE:TCHONG) For The 2.6% Dividend

If You Had Bought Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Shares Five Years Ago You Would Be Down 51%

Mar 02
If You Had Bought Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Shares Five Years Ago You Would Be Down 51%

Is Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Shareholder Ownership Skewed Towards Insiders?

Feb 03
Is Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Shareholder Ownership Skewed Towards Insiders?

Is Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Using Too Much Debt?

Jan 05
Is Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Using Too Much Debt?

Just Three Days Till Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Will Be Trading Ex-Dividend

Dec 06
Just Three Days Till Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Will Be Trading Ex-Dividend

Financial Position Analysis

Short Term Liabilities: TCHONG's short term assets (MYR2.0B) exceed its short term liabilities (MYR1.8B).

Long Term Liabilities: TCHONG's short term assets (MYR2.0B) exceed its long term liabilities (MYR756.5M).


Debt to Equity History and Analysis

Debt Level: TCHONG's net debt to equity ratio (44.4%) is considered high.

Reducing Debt: TCHONG's debt to equity ratio has increased from 55.2% to 66.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TCHONG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: TCHONG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.9% each year


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 07:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tan Chong Motor Holdings Berhad is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jake Hui YapAmInvestment Bank Berhad
Mei Chi LawBIMB Securities Sdn. Bhd
Mohammed Shanaz Noor AzamCGS International