Boustead Heavy Industries Corporation Berhad Past Earnings Performance

Past criteria checks 0/6

Boustead Heavy Industries Berhad has been growing earnings at an average annual rate of 18.4%, while the Machinery industry saw earnings growing at 7.5% annually. Revenues have been declining at an average rate of 6.7% per year.

Key information

18.4%

Earnings growth rate

31.9%

EPS growth rate

Machinery Industry Growth	9.4%
Revenue growth rate	-6.7%
Return on equity	-168.8%
Net Margin	-207.2%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Using Debt Sensibly?

Sep 11

Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Using Too Much Debt?

Jun 12

Boustead Heavy Industries Corporation Berhad's (KLSE:BHIC) Revenues Are Not Doing Enough For Some Investors

Apr 18

Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Is Finding It Tricky To Allocate Its Capital

Feb 21

Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Seems To Be Using A Lot Of Debt

Sep 20

Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Has Some Way To Go To Become A Multi-Bagger

Aug 16

Does Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Have A Healthy Balance Sheet?

Jun 16

Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) A Risky Investment?

Apr 29

Should You Be Impressed By Boustead Heavy Industries Corporation Berhad's (KLSE:BHIC) Returns on Capital?

Mar 06

Calculating The Fair Value Of Boustead Heavy Industries Corporation Berhad (KLSE:BHIC)

Jan 30

We Think Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Is Taking Some Risk With Its Debt

Dec 26

Are Investors Concerned With What's Going On At Boustead Heavy Industries Corporation Berhad (KLSE:BHIC)?

Nov 21

Revenue & Expenses Breakdown
Beta

How Boustead Heavy Industries Corporation Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KLSE:BHIC Revenue, expenses and earnings (MYR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	127	-264	261
30 Sep 23	116	-34	124
30 Jun 23	114	-27	124
31 Mar 23	111	-33	124
31 Dec 22	142	-20	128
30 Sep 22	143	-1	103
30 Jun 22	150	10	102
31 Mar 22	168	23	102
31 Dec 21	149	15	102
30 Sep 21	137	-51	149
30 Jun 21	131	-59	143
31 Mar 21	120	-72	143
31 Dec 20	145	-51	124
30 Sep 20	160	-95	115
30 Jun 20	159	-95	120
31 Mar 20	177	-92	119
31 Dec 19	169	-117	138
30 Sep 19	145	-130	121
30 Jun 19	170	-121	122
31 Mar 19	166	-117	89
31 Dec 18	169	-108	123
30 Sep 18	243	0	93
30 Jun 18	246	-4	93
31 Mar 18	241	12	93
31 Dec 17	278	11	93
30 Sep 17	295	89	108
30 Jun 17	295	94	108
31 Mar 17	321	99	108
31 Dec 16	308	81	108
30 Sep 16	266	-12	102
30 Jun 16	260	-14	102
31 Mar 16	268	-35	102
31 Dec 15	266	-8	102
30 Sep 15	283	39	88
30 Jun 15	307	38	88
31 Mar 15	296	41	88
31 Dec 14	300	31	88
30 Sep 14	324	-6	80
30 Jun 14	323	0	80
31 Mar 14	319	-1	80
31 Dec 13	319	3	80
30 Sep 13	313	-49	70
30 Jun 13	270	-92	70

Quality Earnings: BHIC is currently unprofitable.

Growing Profit Margin: BHIC is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BHIC is unprofitable, but has reduced losses over the past 5 years at a rate of 18.4% per year.

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

Earnings vs Industry: BHIC is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-10.7%).

Return on Equity

High ROE: BHIC has a negative Return on Equity (-168.81%), as it is currently unprofitable.

Boustead Heavy Industries Corporation Berhad Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: RM0.47 loss per share (vs RM0.08 loss in FY 2022)

Third quarter 2023 earnings released: RM0.023 loss per share (vs RM0.002 profit in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM2.03 (vs RM0.002 loss in 2Q 2022)

First quarter 2023 earnings released: RM0.026 loss per share (vs RM0.026 profit in 1Q 2022)

Full year 2022 earnings released: RM0.087 loss per share (vs RM0.061 profit in FY 2021)

Third quarter 2022 earnings released: EPS: RM0.002 (vs RM0.047 in 3Q 2021)

Recent updates

Now 24% undervalued after recent price drop

Full year 2023 earnings released: RM0.47 loss per share (vs RM0.08 loss in FY 2022)

Boustead Heavy Industries Corporation Berhad Appoints Gen (R) Tan Sri Dato' Seri Zamrose Bin Mohd Zain as Non Independent and Non Executive Member of Risk Committee

Boustead Heavy Industries Corporation Berhad Announces the Resignation of Encik Raja Iskandar Bin Raja Abdullah as Non Independent and Non Executive Alternate Director

Boustead Heavy Industries Corporation Berhad Announces the Resignation of Dato' Ahmad Nazim Bin Abd Rahman as Non Independent and Non Executive Member of Nomination and Remuneration Committee

Boustead Heavy Industries Corporation Berhad Announces the Resignation of Dato' Ahmad Nazim Bin Abd Rahman as Non Independent and Non Executive Director

Boustead Heavy Industries Corporation Berhad announced that it expects to receive MYR 240 million in funding from Ocean Sunshine Berhad, Perstim Industries Sdn Bhd

High number of new directors

Boustead Heavy Industries Corporation Berhad Announces the Appointment of Zamrose Bin Mohd Zain as Non Independent and Non Executive Director

Third quarter 2023 earnings released: RM0.023 loss per share (vs RM0.002 profit in 3Q 2022)

Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Using Debt Sensibly?

Second quarter 2023 earnings released: EPS: RM2.03 (vs RM0.002 loss in 2Q 2022)

Boustead Heavy Industries Corporation Berhad Appoints TAN SRI AZIAH BINTI ALI as Independent and Non Executive Chairman of Nomination and Remuneration Committee

Boustead Heavy Industries Corporation Berhad Announces the Resignation of Puan Rozi Binti Baharudin as Independent and Non Executive Director

Boustead Heavy Industries Corporation Berhad Announces the Resignation of Puan Rozi Binti Baharudin as Independent and Non Executive Chairman of Nomination and Remuneration Committee, Effective from 01 August 2023

Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Using Too Much Debt?

First quarter 2023 earnings released: RM0.026 loss per share (vs RM0.026 profit in 1Q 2022)

Boustead Heavy Industries Corporation Berhad's (KLSE:BHIC) Revenues Are Not Doing Enough For Some Investors

Full year 2022 earnings released: RM0.087 loss per share (vs RM0.061 profit in FY 2021)

Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Is Finding It Tricky To Allocate Its Capital

Boustead Heavy Industries Corporation Berhad Announces Resignation of Datuk Norliza Binti Abdul Rahim as Director, Independent and Non Executive

Third quarter 2022 earnings released: EPS: RM0.002 (vs RM0.047 in 3Q 2021)

High number of new directors

Boustead Heavy Industries Corporation Berhad Announces Retirement of Dato' Maznah Binti Abdul Jalil as Non-Independent and Non-Executive Member of Risk Committee, Effective November 01, 2022

Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Seems To Be Using A Lot Of Debt

Second quarter 2022 earnings released: RM0.002 loss per share (vs RM0.05 profit in 2Q 2021)

Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Has Some Way To Go To Become A Multi-Bagger

Does Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Have A Healthy Balance Sheet?

Boustead Heavy Industries Corporation Berhad Appoints of Norliza Abdul Rahim as Member of Audit Committee

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Boustead Heavy Industries Corporation Berhad, Annual General Meeting, Jun 15, 2022

High number of new and inexperienced directors

Boustead Heavy Industries Corporation Berhad Announces Resignation of Suzana Binti Sanudin as Company Secretary

Full year 2021 earnings: EPS and revenues miss analyst expectations

Boustead Heavy Industries Corporation Berhad Announces Appointment of Datuk Haji Nasarruddin Bin Dato' M Zin as Independent and Non Executive Director

Third quarter 2021 earnings: EPS and revenues miss analyst expectations

Second quarter 2021 earnings released: EPS RM0.05 (vs RM0.002 loss in 2Q 2020)

Acting Chief Financial Officer Mohd Fakhrul Bin Adinan has left the company

Non-Independent Non-Executive Chairman Ramlan Mohamed Ali has left the company

Non-Independent & Non-Executive Director Fahmy Bin Ismail has left the company

First quarter 2021 earnings released: RM0.004 loss per share (vs RM0.082 profit in 1Q 2020)

Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) A Risky Investment?

Full year 2020 earnings released: RM0.20 loss per share (vs RM0.47 loss in FY 2019)

Should You Be Impressed By Boustead Heavy Industries Corporation Berhad's (KLSE:BHIC) Returns on Capital?

Boustead Heavy Industries Corporation Berhad Announces the Appointment of Mohammed Shazalli Bin Ramly as Non-Independent Director

New 90-day low: RM0.53

Calculating The Fair Value Of Boustead Heavy Industries Corporation Berhad (KLSE:BHIC)

Boustead Heavy Industries Corporation Berhad Appoints Rozana Binti Ismail as Company Secretary

New 90-day low: RM0.56

We Think Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Is Taking Some Risk With Its Debt

Are Investors Concerned With What's Going On At Boustead Heavy Industries Corporation Berhad (KLSE:BHIC)?

Third quarter 2020 earnings released: EPS RM0.017

New 90-day low: RM0.56

Boustead Heavy Industries Corporation Berhad Announces Resignation of Lilyrohayu Binti Ab. Hamid @ Kassim as Joint Secretary

New 90-day low - RM0.57

Earnings released

New 90-day low - RM0.60

Revenue & Expenses BreakdownBeta

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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