Resintech Berhad
Market Cap
RM59.0m
Last Updated
2021/03/05 11:02 UTC
Data Sources
Company Financials
Executive Summary
Resintech Berhad, an investment holding company, designs, manufactures, trades, and markets plastic pipes, water tanks, and fittings in Malaysia, Indonesia, Cambodia, Singapore, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has Resintech Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RESINTC is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: RESINTC's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of MY stocks.
Market Performance
7 Day Return
0%
RESINTC
-6.3%
MY Machinery
-0.6%
MY Market
1 Year Return
75.0%
RESINTC
83.8%
MY Machinery
10.5%
MY Market
Return vs Industry: RESINTC underperformed the MY Machinery industry which returned 83.8% over the past year.
Return vs Market: RESINTC exceeded the MY Market which returned 10.5% over the past year.
Shareholder returns
| RESINTC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -6.3% | -0.6% |
| 30 Day | 13.8% | -1.5% | 1.8% |
| 90 Day | 44.4% | 17.7% | -0.6% |
| 1 Year | 88.6%75.0% | 87.0%83.8% | 14.1%10.5% |
| 3 Year | 68.2%44.4% | 67.3%55.5% | -1.2%-10.2% |
| 5 Year | 23.6%3.4% | 45.4%26.9% | 12.2%-6.3% |
Long-Term Price Volatility Vs. Market
How volatile is Resintech Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Does Resintech Berhad's (KLSE:RESINTC) Statutory Profit Adequately Reflect Its Underlying Profit?1 month ago | Simply Wall St
What Did Resintech Berhad's (KLSE:RESINTC) CEO Take Home Last Year?2 months ago | Simply Wall St
These 4 Measures Indicate That Resintech Berhad (KLSE:RESINTC) Is Using Debt Reasonably WellValuation
Is Resintech Berhad undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RESINTC (MYR0.46) is trading below our estimate of fair value (MYR1.64)
Significantly Below Fair Value: RESINTC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RESINTC is good value based on its PE Ratio (12.3x) compared to the MY Machinery industry average (21.4x).
PE vs Market: RESINTC is good value based on its PE Ratio (12.3x) compared to the MY market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RESINTC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RESINTC is good value based on its PB Ratio (0.4x) compared to the MY Machinery industry average (1.1x).
Next Steps
Future Growth
How is Resintech Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
26.9%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Resintech Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Resintech Berhad is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Resintech Berhad performed over the past 5 years?
-11.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RESINTC has high quality earnings.
Growing Profit Margin: RESINTC's current net profit margins (6.9%) are lower than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: RESINTC's earnings have declined by 11.4% per year over the past 5 years.
Accelerating Growth: RESINTC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RESINTC had negative earnings growth (-9.7%) over the past year, making it difficult to compare to the Machinery industry average (-19.8%).
Return on Equity
High ROE: RESINTC's Return on Equity (3.1%) is considered low.
Next Steps
Financial Health
How is Resintech Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: RESINTC's short term assets (MYR81.3M) exceed its short term liabilities (MYR31.4M).
Long Term Liabilities: RESINTC's short term assets (MYR81.3M) exceed its long term liabilities (MYR24.2M).
Debt to Equity History and Analysis
Debt Level: RESINTC's debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: RESINTC's debt to equity ratio has reduced from 21.7% to 16.4% over the past 5 years.
Debt Coverage: RESINTC's debt is well covered by operating cash flow (49.9%).
Interest Coverage: RESINTC's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Resintech Berhad current dividend yield, its reliability and sustainability?
3.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RESINTC's dividend (3.3%) is higher than the bottom 25% of dividend payers in the MY market (1.47%).
High Dividend: RESINTC's dividend (3.3%) is low compared to the top 25% of dividend payers in the MY market (4.23%).
Stability and Growth of Payments
Stable Dividend: RESINTC's dividend payments have been volatile in the past 10 years.
Growing Dividend: RESINTC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as RESINTC has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
14.7yrs
Average board tenure
CEO
Kim Teh (69 yo)
no data
Tenure
RM781,793
Compensation
Dr. Kim Poo Teh, DSSA, PJK, JP, DipM., MBA, MCIM Founded Resintech Bhd and serves as its Managing Director. He possesses in-depth knowledge and vast experience in the plastics industry and has fully built ...
CEO Compensation Analysis
Compensation vs Market: Kim's total compensation ($USD192.83K) is above average for companies of similar size in the MY market ($USD143.87K).
Compensation vs Earnings: Kim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | RM781.79k | 43.21% MYR 25.5m | |
| Co-Founder & Executive Director | 25.92yrs | RM342.79k | 7.19% MYR 4.2m | |
| Financial Controller & Executive Director | 14.67yrs | RM404.12k | 1.16% MYR 686.1k | |
| Executive Director | 14.67yrs | RM614.12k | 5.43% MYR 3.2m | |
| Independent Non-Executive Director | 13.08yrs | RM60.00k | no data | |
| Chairman & Senior Independent Non-Executive Director | 3.58yrs | RM66.00k | no data | |
| Independent Non-Executive Director | 2.67yrs | RM55.50k | no data |
14.7yrs
Average Tenure
64yo
Average Age
Experienced Board: RESINTC's board of directors are seasoned and experienced ( 14.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Resintech Berhad's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Resintech Berhad
- Ticker: RESINTC
- Exchange: KLSE
- Founded: 1978
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: RM58.998m
- Shares outstanding: 137.20m
- Website: https://www.resintechmalaysia.my
Location
- Resintech Berhad
- Lot 3 & 5
- Jalan Waja 14
- Telok Panglima Garang
- Selangor
- 42500
- Malaysia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RESINTC | KLSE (Bursa Malaysia) | Yes | Ordinary Shares | MY | MYR | Dec 2006 |
Biography
Resintech Berhad, an investment holding company, designs, manufactures, trades, and markets plastic pipes, water tanks, and fittings in Malaysia, Indonesia, Cambodia, Singapore, and internationally. The co...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 11:02 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.