Reported Earnings • Apr 17
First quarter 2026 earnings released: EPS: RM0.001 (vs RM0.012 in 1Q 2025) First quarter 2026 results: EPS: RM0.001 (down from RM0.012 in 1Q 2025). Revenue: RM27.5m (down 6.8% from 1Q 2025). Net income: RM384.0k (down 93% from 1Q 2025). Profit margin: 1.4% (down from 19% in 1Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Announcement • Mar 26
Zhulian Corporation Berhad, Annual General Meeting, May 20, 2026 Zhulian Corporation Berhad, Annual General Meeting, May 20, 2026, at 14:30 Singapore Standard Time. Location: plenitude ballroom 1, level 3, ascott gurney penang, no. 18, gurney drive, penang, 10250 george town, Malaysia New Risk • Mar 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM391.0m (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (RM391.0m market cap, or US$98.8m). New Risk • Jan 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM393.3m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (RM393.3m market cap, or US$99.2m). Declared Dividend • Jan 23
Fourth quarter dividend of RM0.005 announced Shareholders will receive a dividend of RM0.005. Ex-date: 10th February 2026 Payment date: 4th March 2026 Dividend yield will be 3.6%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 27% to bring the payout ratio under control. However, EPS has declined by 21% over the last 5 years so the company would need to reverse this trend. New Risk • Jan 22
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 114% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.0% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (11% net profit margin). Reported Earnings • Jan 22
Full year 2025 earnings released: EPS: RM0.031 (vs RM0.051 in FY 2024) Full year 2025 results: EPS: RM0.031 (down from RM0.051 in FY 2024). Revenue: RM123.6m (down 2.1% from FY 2024). Net income: RM14.1m (down 40% from FY 2024). Profit margin: 11% (down from 19% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 19% per year. Announcement • Jan 21
Zhulian Corporation Berhad Announces Fourth Interim Dividend in Respect of the Financial Year Ended 30 November 2025, Payable March 4 , 2026 Zhulian Corporation Berhad announced fourth Interim Dividend of MYR 0.0050 per ordinary share in respect of the financial year ended 30 November 2025. Ex-Date: 10 February 2026,Entitlement date: 11 February 2026 . Financial Year End 30 November 2025 Period Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement Payment Date 04 March 2026. MYR 0.0050. Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Non Independent & Non Executive Chairman Abdul Bin Md. Yusoff was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 11
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 18 November 2025. Payment date: 10 December 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.6%. Lower than top quartile of Malaysian dividend payers (5.4%). Lower than average of industry peers (4.9%). Declared Dividend • Oct 24
Third quarter dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 18th November 2025 Payment date: 10th December 2025 Dividend yield will be 4.5%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (58% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: RM0.009 (vs RM0.008 in 3Q 2024) Third quarter 2025 results: EPS: RM0.009 (up from RM0.008 in 3Q 2024). Revenue: RM31.8m (flat on 3Q 2024). Net income: RM3.95m (up 4.1% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 17% per year. Upcoming Dividend • Aug 05
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 12 August 2025. Payment date: 10 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.6%. Lower than top quartile of Malaysian dividend payers (5.6%). Lower than average of industry peers (4.4%). Declared Dividend • Jul 18
Second quarter dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 12th August 2025 Payment date: 10th September 2025 Dividend yield will be 5.5%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio). However, it is covered by cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Jul 17
Second quarter 2025 earnings released: EPS: RM0.013 (vs RM0.014 in 2Q 2024) Second quarter 2025 results: EPS: RM0.013 (down from RM0.014 in 2Q 2024). Revenue: RM37.9m (up 14% from 2Q 2024). Net income: RM5.99m (down 8.7% from 2Q 2024). Profit margin: 16% (down from 20% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Upcoming Dividend • May 06
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 13 May 2025. Payment date: 04 June 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Malaysian dividend payers (5.6%). In line with average of industry peers (3.9%). Declared Dividend • Apr 18
First quarter dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 13th May 2025 Payment date: 4th June 2025 Dividend yield will be 6.5%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (142% earnings payout ratio). However, it is well covered by cash flows (41% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 58% to bring the payout ratio under control. However, EPS has declined by 14% over the last 5 years so the company would need to reverse this trend. Announcement • Apr 16
Zhulian Corporation Berhad Announces First Interim Dividend for the Year Ending 30 November 2025, Payable on 4 June 2025 Zhulian Corporation Berhad announced first interim dividend of 1 sen per ordinary share in respect of the financial year ending 30 November 2025. Ex-date is 13 May 2025. Payment date is 4 June 2025. Entitlement date is14 May 2025. Reported Earnings • Apr 02
Full year 2024 earnings released: EPS: RM0.051 (vs RM0.064 in FY 2023) Full year 2024 results: EPS: RM0.051 (down from RM0.064 in FY 2023). Revenue: RM126.2m (down 4.7% from FY 2023). Net income: RM23.4m (down 20% from FY 2023). Profit margin: 19% (down from 22% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Mar 27
Zhulian Corporation Berhad, Annual General Meeting, May 21, 2025 Zhulian Corporation Berhad, Annual General Meeting, May 21, 2025, at 14:30 Singapore Standard Time. Location: ballroom 1, level 2, g hotel, 168a persiaran gurney, 10250 george town, penang, Malaysia Upcoming Dividend • Feb 11
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 18 February 2025. Payment date: 12 March 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.9%. Within top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (4.7%). Declared Dividend • Jan 24
Fourth quarter dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 18th February 2025 Payment date: 12th March 2025 Dividend yield will be 8.2%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (177% earnings payout ratio). However, it is covered by cash flows (66% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 97% to bring the payout ratio under control. However, EPS has declined by 14% over the last 5 years so the company would need to reverse this trend. Announcement • Jan 23
Zhulian Corporation Berhad Announces Fourth Interim Dividend of the Financial Year End 30 November 2024, Payable on 12 March 2025 Zhulian Corporation Berhad announced fourth interim dividend of 2 sen per ordinary share of the Financial Year End 30 November 2024. Ex-Date: 18 February 2025. Payment Date: 12 March 2025. Entitlement time: 19 February 2025. Reported Earnings • Jan 23
Full year 2024 earnings released: EPS: RM0.051 (vs RM0.064 in FY 2023) Full year 2024 results: EPS: RM0.051 (down from RM0.064 in FY 2023). Revenue: RM126.2m (down 4.7% from FY 2023). Net income: RM23.4m (down 20% from FY 2023). Profit margin: 19% (down from 22% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jan 16
Now 21% overvalued Over the last 90 days, the stock has fallen 8.3% to RM1.10. The fair value is estimated to be RM0.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 29%. Buy Or Sell Opportunity • Dec 18
Now 25% overvalued Over the last 90 days, the stock has fallen 5.0% to RM1.13. The fair value is estimated to be RM0.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 29%. Upcoming Dividend • Nov 12
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 19 November 2024. Payment date: 11 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.2%. Within top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (5.0%). Buy Or Sell Opportunity • Nov 07
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to RM1.10. The fair value is estimated to be RM0.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 29%. Declared Dividend • Oct 25
Third quarter dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 19th November 2024 Payment date: 11th December 2024 Dividend yield will be 9.2%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not covered by cash flows (225% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 35% to shift the payout ratio to a potentially unsustainable range, which is more than the 16% EPS decline seen over the last 5 years. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: RM0.008 (vs RM0.013 in 3Q 2023) Third quarter 2024 results: EPS: RM0.008 (down from RM0.013 in 3Q 2023). Revenue: RM32.1m (down 6.3% from 3Q 2023). Net income: RM3.79m (down 39% from 3Q 2023). Profit margin: 12% (down from 18% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Oct 23
Zhulian Corporation Berhad Announces Third Interim Dividend for the Financial Year Ending 30 November 2024, Payable on 11 December 2024 Zhulian Corporation Berhad announced the third Interim Dividend of 2 sen per ordinary share in respect of the financial year ending 30 November 2024. Ex-Date is on 19 November 2024 with Entitlement date is on 20 November 2024. Payment Date is on 11 December 2024. Upcoming Dividend • Aug 13
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 20 August 2024. Payment date: 11 September 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 11%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (5.5%). Declared Dividend • Jul 19
Second quarter dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 20th August 2024 Payment date: 11th September 2024 Dividend yield will be 8.8%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio) nor is it covered by cash flows (180% cash payout ratio). The dividend has increased 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 19% 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. Reported Earnings • Jul 18
Second quarter 2024 earnings released: EPS: RM0.014 (vs RM0.021 in 2Q 2023) Second quarter 2024 results: EPS: RM0.014 (down from RM0.021 in 2Q 2023). Revenue: RM33.3m (flat on 2Q 2023). Net income: RM6.57m (down 31% from 2Q 2023). Profit margin: 20% (down from 28% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Upcoming Dividend • May 07
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 14 May 2024. Payment date: 05 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.2%. Within top quartile of Malaysian dividend payers (4.5%). Higher than average of industry peers (4.9%). Declared Dividend • Apr 20
First quarter dividend of RM0.03 announced Dividend of RM0.03 is the same as last year. Ex-date: 14th May 2024 Payment date: 5th June 2024 Dividend yield will be 9.1%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (192% earnings payout ratio) nor is it covered by cash flows (177% cash payout ratio). The dividend has increased 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 113% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Apr 18
First quarter 2024 earnings released: EPS: RM0.014 (vs RM0.015 in 1Q 2023) First quarter 2024 results: EPS: RM0.014 (down from RM0.015 in 1Q 2023). Revenue: RM28.9m (down 11% from 1Q 2023). Net income: RM6.35m (down 7.2% from 1Q 2023). Profit margin: 22% (up from 21% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% 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. Announcement • Apr 17
Zhulian Corporation Berhad Announces First Interim Dividend for the Financial Year Ending 30 November 2024, Payable on 5 June 2024 Zhulian Corporation Berhad announced first interim dividend of 3 sen per ordinary share in respect of the financial year ending 30 November 2024. Ex-date is 14 May 2024. Payment date is 5 June 2024. Announcement • Mar 28
Zhulian Corporation Berhad, Annual General Meeting, May 15, 2024 Zhulian Corporation Berhad, Annual General Meeting, May 15, 2024, at 14:30 Singapore Standard Time. Location: Ballroom 1, Level 2, G Hotel, 168A Persiaran Gurney, 10250 George Town Penang Malaysia Agenda: To receive the Audited Financial Statements for the year ended 30 November 2023; to consider re-election Haji Wan Mansor Bin Wan Omar, the Director who retire in accordance with Article 88 of the Company's Constitution and being eligible have offered himself for re-election; to re-appoint Messrs KMPG PLT, the retiring Auditors, as Auditors of the Company, and to authorise the Directors to fix their remuneration; and to consider other matters. Upcoming Dividend • Feb 13
Upcoming dividend of RM0.04 per share at 8.4% yield Eligible shareholders must have bought the stock before 20 February 2024. Payment date: 13 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.4%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (5.3%). Declared Dividend • Jan 26
Fourth quarter dividend of RM0.04 announced Shareholders will receive a dividend of RM0.04. Ex-date: 20th February 2024 Payment date: 13th March 2024 Dividend yield will be 7.8%, which is higher than the industry average of 6.0%. Sustainability & Growth Dividend is not covered by earnings (189% earnings payout ratio) nor is it covered by cash flows (211% cash payout ratio). The dividend has increased 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 110% to bring the payout ratio under control. However, EPS has declined by 11% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Jan 25
Full year 2023 earnings released: EPS: RM0.064 (vs RM0.083 in FY 2022) Full year 2023 results: EPS: RM0.064 (down from RM0.083 in FY 2022). Revenue: RM132.4m (down 2.8% from FY 2022). Net income: RM29.2m (down 24% from FY 2022). Profit margin: 22% (down from 28% in FY 2022). The decrease in margin was primarily driven by higher expenses. 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 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Oct 31
Upcoming dividend of RM0.03 per share at 9.0% yield Eligible shareholders must have bought the stock before 07 November 2023. Payment date: 06 December 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.0%. Within top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (6.0%). Announcement • Oct 12
Zhulian Corporation Berhad Announces Third Interim Dividend in Respect of the Financial Year Ending 30 November 2023, Payable on 06 December 2023 Zhulian Corporation Berhad announced the third Interim Dividend of 3 sen per ordinary share in respect of the financial year ending 30 November 2023. Ex-Date is on 07 November 2023 with Entitlement date is on 08 November 2023. Payment Date is on 06 December 2023. Reported Earnings • Oct 12
Third quarter 2023 earnings released: EPS: RM0.013 (vs RM0.017 in 3Q 2022) Third quarter 2023 results: EPS: RM0.013 (down from RM0.017 in 3Q 2022). Revenue: RM34.2m (up 3.8% from 3Q 2022). Net income: RM6.20m (down 19% from 3Q 2022). Profit margin: 18% (down from 23% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 01
Upcoming dividend of RM0.03 per share at 9.0% yield Eligible shareholders must have bought the stock before 08 August 2023. Payment date: 06 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.0%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (6.1%). Announcement • Jul 13
Zhulian Corporation Berhad Announces Second Interim Dividend for the Financial Year Ending 30 November 2023, Payable on 06 September 2023 Zhulian Corporation Berhad announced second interim dividend of 3 sen per share for the financial year ending 30 November 2023. Dividend payable on 06 September 2023, Ex-Date of 08 August 2023. Reported Earnings • Jul 13
Second quarter 2023 earnings released: EPS: RM0.021 (vs RM0.021 in 2Q 2022) Second quarter 2023 results: EPS: RM0.021 (in line with 2Q 2022). Revenue: RM33.4m (down 8.2% from 2Q 2022). Net income: RM9.45m (down 4.3% from 2Q 2022). Profit margin: 28% (up from 27% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Upcoming Dividend • May 02
Upcoming dividend of RM0.03 per share at 9.2% yield Eligible shareholders must have bought the stock before 09 May 2023. Payment date: 07 June 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.2%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (6.1%). Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: RM0.083 (vs RM0.091 in FY 2021) Full year 2022 results: EPS: RM0.083 (down from RM0.091 in FY 2021). Revenue: RM136.2m (down 9.0% from FY 2021). Net income: RM38.3m (down 8.0% from FY 2021). Profit margin: 28% (in line with FY 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Upcoming Dividend • Feb 07
Upcoming dividend of RM0.08 per share at 8.8% yield Eligible shareholders must have bought the stock before 14 February 2023. Payment date: 08 March 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.8%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (6.0%). Reported Earnings • Jan 19
Full year 2022 earnings released: EPS: RM0.083 (vs RM0.091 in FY 2021) Full year 2022 results: EPS: RM0.083 (down from RM0.091 in FY 2021). Revenue: RM136.2m (down 9.0% from FY 2021). Net income: RM38.3m (down 8.0% from FY 2021). Profit margin: 28% (in line with FY 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Hock Oon was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 01
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 08 November 2022. Payment date: 07 December 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.0%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (6.2%). Announcement • Oct 14
Zhulian Corporation Berhad to Report Q3, 2022 Results on Oct 12, 2022 Zhulian Corporation Berhad announced that they will report Q3, 2022 results on Oct 12, 2022 Announcement • Oct 13
Zhulian Corporation Announces Third Interim Dividend Payable on December 7, 2022 Zhulian Corporation Berhad announced a third interim dividend of 3 sen per ordinary share in respect of the financial year ending 30 November 2022. Ex-date is on November 8, 2022, and the payment date is on December 7, 2022. Entitlement date is 09 November 2022. Reported Earnings • Oct 13
Third quarter 2022 earnings released: EPS: RM0.017 (vs RM0.021 in 3Q 2021) Third quarter 2022 results: EPS: RM0.017 (down from RM0.021 in 3Q 2021). Revenue: RM33.0m (down 10% from 3Q 2021). Net income: RM7.65m (down 20% from 3Q 2021). Profit margin: 23% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 02
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 09 August 2022. Payment date: 07 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.6%. Within top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (5.6%). Announcement • Jul 14
Zhulian Corporation Berhad Announces Second Interim Dividend for the Financial Year Ending 30 November 2022, Payable on September 7, 2022 Zhulian Corporation Berhad announced a second interim dividend of 3 sen per ordinary share in respect of the financial year ending 30 November 2022. Ex-date is on August 9, 2022, and the payment date is on September 7, 2022. Reported Earnings • Jul 14
Second quarter 2022 earnings released: EPS: RM0.021 (vs RM0.022 in 2Q 2021) Second quarter 2022 results: EPS: RM0.021 (down from RM0.022 in 2Q 2021). Revenue: RM36.4m (down 4.1% from 2Q 2021). Net income: RM9.88m (down 4.1% from 2Q 2021). Profit margin: 27% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • May 03
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 10 May 2022. Payment date: 08 June 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.4%. Within top quartile of Malaysian dividend payers (4.5%). Higher than average of industry peers (5.0%). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Hock Oon was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 14
Zhulian Corporation Berhad Announces First Interim Dividend for the Financial Year Ending 30 November 2022, Payable on June 8, 2022 Zhulian Corporation Berhad announced a first interim dividend of 3 sen per ordinary share in respect of financial year ending 30 November 2022. The ex-date is 10 May 2022, entitlement date is 11 May 2022, and payment date is 08 June 2022. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: RM0.099 (vs RM0.10 in FY 2020) Full year 2021 results: EPS: RM0.099 (down from RM0.10 in FY 2020). Revenue: RM149.6m (down 12% from FY 2020). Net income: RM45.4m (down 3.0% from FY 2020). Profit margin: 30% (up from 27% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Mar 31
Zhulian Corporation Berhad, Annual General Meeting, May 18, 2022 Zhulian Corporation Berhad, Annual General Meeting, May 18, 2022, at 14:30 Singapore Standard Time. Location: Plot 41, Bayan Lepas Industrial Estate, Phase IV, 11900 Bayan Lepas, Penang Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 30 November 2021 and Reports of the Directors and Auditors thereon; to re-elect the Directors who retire in accordance with Article 88 of the Company's constitution; to approve the payment of Directors' fees and benefits payable up to an aggregate amount of RM216,000 for the financial year ending 30 November 2022; to re-appoint Messrs KPMG PLT, the retiring Auditors, as Auditors of the Company and to authorise the Directors to fix their remuneration; and to discuss other matters. Upcoming Dividend • Feb 08
Upcoming dividend of RM0.08 per share Eligible shareholders must have bought the stock before 15 February 2022. Payment date: 10 March 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.5%. Within top quartile of Malaysian dividend payers (4.4%). Higher than average of industry peers (5.2%). Upcoming Dividend • Feb 08
Upcoming dividend of RM0.08 per share Eligible shareholders must have bought the stock before 15 February 2022. Payment date: 10 March 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.5%. Within top quartile of Malaysian dividend payers (4.4%). Higher than average of industry peers (5.2%). Reported Earnings • Jan 21
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: RM0.099 (down from RM0.10 in FY 2020). Revenue: RM149.6m (down 12% from FY 2020). Net income: RM45.4m (down 3.0% from FY 2020). Profit margin: 30% (up from 27% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Jan 20
Zhulian Corporation Berhad Announces Special Dividend in Respect of the Financial Year Ended 30 November 2021, Payable 10 March 2022 Zhulian Corporation Berhad announced Special Dividend of 5 sen per ordinary share in respect of the financial year ended 30 November 2021. Ex-Date is 15 Feb. 2022, Entitlement date is 16 Feb. 2022 and Payment Date is 10 March 2022. Upcoming Dividend • Nov 02
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 09 November 2021. Payment date: 01 December 2021. Trailing yield: 8.8%. Within top quartile of Malaysian dividend payers (4.2%). Higher than average of industry peers (5.5%). Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Hock Oon was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 14
Third quarter 2021 earnings released: EPS RM0.021 (vs RM0.024 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: RM36.7m (down 14% from 3Q 2020). Net income: RM9.57m (down 13% from 3Q 2020). Profit margin: 26% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 02
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 09 August 2021. Payment date: 01 September 2021. Trailing yield: 9.0%. Within top quartile of Malaysian dividend payers (4.2%). Higher than average of industry peers (4.9%). Reported Earnings • Jul 16
Second quarter 2021 earnings released: EPS RM0.022 (vs RM0.025 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM37.9m (down 3.9% from 2Q 2020). Net income: RM10.3m (down 9.4% from 2Q 2020). Profit margin: 27% (down from 29% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • May 05
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 11 May 2021. Payment date: 02 June 2021. Trailing yield: 8.7%. Within top quartile of Malaysian dividend payers (4.0%). Higher than average of industry peers (3.3%). 
