Advancecon Holdings Berhad Past Earnings Performance

Past criteria checks 0/6

Advancecon Holdings Berhad's earnings have been declining at an average annual rate of -80.5%, while the Construction industry saw earnings declining at 1.2% annually. Revenues have been growing at an average rate of 12.2% per year.

Key information

-80.5%

Earnings growth rate

-78.4%

EPS growth rate

Construction Industry Growth	2.5%
Revenue growth rate	12.2%
Return on equity	-34.1%
Net Margin	-11.3%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Is Advancecon Holdings Berhad (KLSE:ADVCON) A Risky Investment?

Sep 18

Here's Why Advancecon Holdings Berhad (KLSE:ADVCON) Can Afford Some Debt

Jun 17

At RM0.29, Is It Time To Put Advancecon Holdings Berhad (KLSE:ADVCON) On Your Watch List?

Mar 09

Is It Too Late To Consider Buying Advancecon Holdings Berhad (KLSE:ADVCON)?

Nov 05

One Advancecon Holdings Berhad (KLSE:ADVCON) Analyst Just Made A Major Cut To Next Year's Estimates

Jun 16

Returns On Capital At Advancecon Holdings Berhad (KLSE:ADVCON) Paint A Concerning Picture

Jun 13

Does Advancecon Holdings Berhad (KLSE:ADVCON) Have A Healthy Balance Sheet?

Feb 26

The Trends At Advancecon Holdings Berhad (KLSE:ADVCON) That You Should Know About

Jan 18

Advancecon Holdings Berhad (KLSE:ADVCON) Has A Pretty Healthy Balance Sheet

Nov 27

Revenue & Expenses Breakdown

How Advancecon Holdings Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KLSE:ADVCON Revenue, expenses and earnings (MYR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	432	-49	26
31 Dec 23	450	-34	26
30 Sep 23	449	-22	17
30 Jun 23	449	-21	17
31 Mar 23	429	-21	17
31 Dec 22	422	-23	17
30 Sep 22	403	1	23
30 Jun 22	350	2	21
31 Mar 22	311	-1	18
31 Dec 21	271	2	16
30 Sep 21	268	4	16
30 Jun 21	271	5	16
31 Mar 21	249	1	15
31 Dec 20	250	2	16
30 Sep 20	256	1	17
30 Jun 20	254	1	19
31 Mar 20	296	11	20
31 Dec 19	302	11	22
30 Sep 19	295	11	22
30 Jun 19	290	10	21
31 Mar 19	283	10	24
31 Dec 18	273	11	24
30 Sep 18	265	9	24
30 Jun 18	260	10	24
31 Mar 18	269	14	23
31 Dec 17	266	18	21
31 Dec 16	235	26	22
31 Dec 15	264	30	16
31 Dec 14	200	21	11

Quality Earnings: ADVCON is currently unprofitable.

Growing Profit Margin: ADVCON is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ADVCON is unprofitable, and losses have increased over the past 5 years at a rate of 80.5% per year.

Accelerating Growth: Unable to compare ADVCON's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ADVCON is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (22.1%).

Return on Equity

High ROE: ADVCON has a negative Return on Equity (-34.1%), as it is currently unprofitable.

Advancecon Holdings Berhad Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First quarter 2024 earnings released: RM0.025 loss per share (vs RM0 in 1Q 2023)

Full year 2023 earnings released: RM0.061 loss per share (vs RM0.048 loss in FY 2022)

Third quarter 2023 earnings released: RM0.001 loss per share (vs RM0.001 profit in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.001 in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0 (vs RM0.004 loss in 1Q 2022)

Full year 2022 earnings released: RM0.045 loss per share (vs RM0.005 profit in FY 2021)

Recent updates

First quarter 2024 earnings released: RM0.025 loss per share (vs RM0 in 1Q 2023)

New major risk - Revenue and earnings growth

Advancecon Holdings Berhad Appoints Tan Chee Keong as Group Chief Financial Officer

Advancecon Holdings Berhad, Annual General Meeting, Jun 13, 2024

Price target decreased by 8.7% to RM0.21

Full year 2023 earnings released: RM0.061 loss per share (vs RM0.048 loss in FY 2022)

Less than half of directors are independent

Advancecon Holdings Berhad Announces Appointment of Roger Chin Chew Choy as Executive Member of Risk Committee

Third quarter 2023 earnings released: RM0.001 loss per share (vs RM0.001 profit in 3Q 2022)

Advancecon Holdings Berhad Appoints Jananee Priya A/P Gopal as Independent and Non Executive Member of Audit Committee, Effective October 1, 2023

Is Advancecon Holdings Berhad (KLSE:ADVCON) A Risky Investment?

Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.001 in 2Q 2022)

Insufficient new directors

Advancecon Holdings Berhad Announces Cessation of Office of Miss Lee Elaine as Independent and Non Executive Chairman of Risk Committee

New minor risk - Share price stability

Here's Why Advancecon Holdings Berhad (KLSE:ADVCON) Can Afford Some Debt

Advancecon Holdings Berhad Announces Resignation of Yeo an Thai as Executive Member of Risk Committee

First quarter 2023 earnings released: EPS: RM0 (vs RM0.004 loss in 1Q 2022)

Full year 2022 earnings released: RM0.045 loss per share (vs RM0.005 profit in FY 2021)

Advancecon Holdings Berhad Appoints Lee Elaine as Chairman of Risk Committee

Advancecon Holdings Berhad Appoints Lee Elaine as Member of Nomination Committee and Independent and Non Executive

Third quarter 2022 earnings released: EPS: RM0.001 (vs RM0.005 in 3Q 2021)

Price target decreased to RM0.28

Less than half of directors are independent

Advancecon Holdings Berhad Announces Demise of Encik Fathi Ridzuan Bin Ahmad Fauzi, Independent and Non-Executive Chairman of Risk Committee

Second quarter 2022 earnings released: EPS: RM0.001 (vs RM0.006 loss in 2Q 2021)

Advancecon Holdings Berhad Announces Removal of Lim Swee Chai as Non Independent and Non Executive Non-Independent Director

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Advancecon Holdings Announces Redesignation of Lim Swee Chai, Executive Director to Non-Independent Director

Advancecon Holdings Berhad, Annual General Meeting, Jun 16, 2022

Price target decreased to RM0.40

Less than half of directors are independent

At RM0.29, Is It Time To Put Advancecon Holdings Berhad (KLSE:ADVCON) On Your Watch List?

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to RM0.40

Advancecon Holdings Berhad (KLSE:ADVCON) completed the acquisition of 51% stake in Spring Energy Resources Berhad from Fook Hua Holdings Sdn. Bhd.

Third quarter 2021 earnings released: EPS RM0.005 (vs RM0.008 in 3Q 2020)

Is It Too Late To Consider Buying Advancecon Holdings Berhad (KLSE:ADVCON)?

Second quarter 2021 earnings released: RM0.006 loss per share (vs RM0.017 loss in 2Q 2020)

Advancecon Holdings Berhad (KLSE:ADVCON) entered into a conditional share sale agreement to acquire 51% stake in Spring Energy Resources Berhad from Fook Hua Holdings Sdn. Bhd. for MYR 27.9 million.

Consensus revenue estimates fall to RM264.0m

One Advancecon Holdings Berhad (KLSE:ADVCON) Analyst Just Made A Major Cut To Next Year's Estimates

Returns On Capital At Advancecon Holdings Berhad (KLSE:ADVCON) Paint A Concerning Picture

First quarter 2021 earnings released: EPS RM0.003 (vs RM0.005 in 1Q 2020)

New 90-day high: RM0.40

Does Advancecon Holdings Berhad (KLSE:ADVCON) Have A Healthy Balance Sheet?

Full year 2020 earnings released: EPS RM0.005 (vs RM0.027 in FY 2019)

Revenue and earnings beat expectations

The Trends At Advancecon Holdings Berhad (KLSE:ADVCON) That You Should Know About

New 90-day low: RM0.34

Upcoming Dividend of RM0.01 Per Share

Advancecon Holdings Berhad (KLSE:ADVCON) Has A Pretty Healthy Balance Sheet

Third quarter 2020 earnings released: EPS RM0.008

New 90-day low: RM0.35

First half earnings released

New 90-day low - RM0.35

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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