Reported Earnings • May 31
Third quarter 2026 earnings released: EPS: RM0.002 (vs RM0.005 loss in 3Q 2025) Third quarter 2026 results: EPS: RM0.002 (up from RM0.005 loss in 3Q 2025). Revenue: RM16.5m (up 27% from 3Q 2025). Net income: RM421.0k (up RM1.48m from 3Q 2025). Profit margin: 2.5% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Mar 02
Second quarter 2026 earnings released: EPS: RM0.005 (vs RM0.004 in 2Q 2025) Second quarter 2026 results: EPS: RM0.005 (up from RM0.004 in 2Q 2025). Revenue: RM20.2m (up 19% from 2Q 2025). Net income: RM994.0k (up 21% from 2Q 2025). Profit margin: 4.9% (up from 4.8% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Declared Dividend • Nov 26
Dividend of RM0.05 announced Shareholders will receive a dividend of RM0.05. Ex-date: 10th December 2025 Payment date: 9th January 2026 Dividend yield will be 5.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Nov 23
First quarter 2026 earnings released: EPS: RM0.002 (vs RM0.007 in 1Q 2025) First quarter 2026 results: EPS: RM0.002 (down from RM0.007 in 1Q 2025). Revenue: RM18.0m (up 14% from 1Q 2025). Net income: RM349.0k (down 75% from 1Q 2025). Profit margin: 1.9% (down from 8.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Oct 19
Full year 2025 earnings released: EPS: RM0.002 (vs RM0.035 in FY 2024) Full year 2025 results: EPS: RM0.002 (down from RM0.035 in FY 2024). Revenue: RM59.5m (up 4.9% from FY 2024). Net income: RM465.4k (down 93% from FY 2024). Profit margin: 0.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 31
Full year 2025 earnings released: EPS: RM0.002 (vs RM0.035 in FY 2024) Full year 2025 results: EPS: RM0.002 (down from RM0.035 in FY 2024). Revenue: RM59.3m (up 4.4% from FY 2024). Net income: RM465.0k (down 93% from FY 2024). Profit margin: 0.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 24
Third quarter 2025 earnings released: RM0.006 loss per share (vs RM0.008 profit in 3Q 2024) Third quarter 2025 results: RM0.006 loss per share (down from RM0.008 profit in 3Q 2024). Revenue: RM13.0m (down 9.3% from 3Q 2024). Net loss: RM1.06m (down 163% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Feb 19
Second quarter 2025 earnings released: EPS: RM0.004 (vs RM0.008 in 2Q 2024) Second quarter 2025 results: EPS: RM0.004 (down from RM0.008 in 2Q 2024). Revenue: RM17.0m (up 24% from 2Q 2024). Net income: RM821.0k (down 50% from 2Q 2024). Profit margin: 4.8% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Nov 27
Hexza Corporation Berhad Announces Appointment of Foong Leon Chiew as Executive Director Hexza Corporation Berhad announced appointment of Mr. Foong Leon Chiew as Executive Director. Age is 45. Date of change is 25 November 2024. Qualifications: Business Administration, Dual Major in Finance and Strategic Management from THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA, Engineering from UNIVERSITY OF OXFORD, BALLIOL COLLEGE, Engineering from UNIVERSITY OF OXFORD, BALLIOL COLLEGE- Awarded Newman scholarship for outstanding academic performance - top 5% of class. Working experience and occupation: DEUTSCHE BANK GROUP, Hong Kong Managing Director, Co-Head TMT Asia (Mar 2018 - Jun 2024); GOLDMAN SACHS (Asia) L.L.C., Hong Kong Executive Director, TMT, Investment Banking Division (2011 - Feb. 2018) Associate, TMT, Investment Banking Division (2007 - 2010); McKINSEY & COMPANY, Singapore Senior Business Analyst (2001-2004). Upcoming Dividend • Nov 27
Upcoming dividend of RM0.075 per share Eligible shareholders must have bought the stock before 04 December 2024. Payment date: 19 December 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.5%. Lower than top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (2.3%). Reported Earnings • Oct 20
Full year 2024 earnings released: EPS: RM0.035 (vs RM0.031 in FY 2023) Full year 2024 results: EPS: RM0.035 (up from RM0.031 in FY 2023). Revenue: RM56.8m (down 8.5% from FY 2023). Net income: RM7.03m (up 15% from FY 2023). Profit margin: 12% (up from 9.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Declared Dividend • Oct 18
Dividend of RM0.075 announced Shareholders will receive a dividend of RM0.075. Ex-date: 4th December 2024 Payment date: 19th December 2024 Dividend yield will be 6.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (143% 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 remained flat since 10 years ago. However, payments have been volatile during that time. 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 2.1% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Aug 30
Full year 2024 earnings released: EPS: RM0.035 (vs RM0.031 in FY 2023) Full year 2024 results: EPS: RM0.035 (up from RM0.031 in FY 2023). Revenue: RM55.5m (down 11% from FY 2023). Net income: RM7.03m (up 15% from FY 2023). Profit margin: 13% (up from 9.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Aug 02
Chexza Corporation Berhad Announces the Resignation of Chong Kwai Yoong as Joint Secretary, Effective from 05 August 2024 Hexza Corporation Berhad announced the resignation of Chong Kwai Yoong as Joint Secretary of the company, effective from 05 August 2024. Announcement • Jul 02
Hexza Corporation Berhad Appoints Loke Peng Sin as Chief Financial Officer Hexza Corporation Berhad appointed LOKE PENG SIN, Aged 44 as Chief Financial Officer. Date of change is 01 July 2024. Upon graduation, he joined GEP Associates as an Audit Junior in the audit and assurance division from 2003 to 2005. He then worked in Deloitte KassimChan in 2005 for three (3) years and his last position held was Audit Senior. In 2008, he joined NTPM Holdings Berhad as an Internal Auditor and subsequently joined Latexx Partners Berhad as an Accounts Manager in 2009. Upon graduation, he joined GEP Associates as an Audit Junior in the audit and assurance division from 2003 to 2005. He then worked in Deloitte KassimChan in 2005 for three (3) years and his last position held was Audit Senior. In 2008, he joined NTPM Holdings Berhad as an Internal Auditor and subsequently joined Latexx Partners Berhad as an Accounts Manager in 2009. In 2011, he joined Berjaya Infrastructure Sdn. Bhd. as a Senior Finance Manager before re-joining Latexx Partners Berhad as Head of Accounting from 2013 to 2021.On 1st July 2021, he joined Onetexx Sdn. Bhd. as Financial Controller and was re-designated as Group Financial Controller of One Glove Group Berhad on 1st January 2022. He left One Glove Group Berhad in December 2023 and joined Hexza Corporation Berhad as a Group Accountant on 2nd January 2024. He has over 20 years of working experience and he is primarily responsible for the management of the Group's financial affairs. Reported Earnings • May 22
Third quarter 2024 earnings released: EPS: RM0.008 (vs RM0.011 in 3Q 2023) Third quarter 2024 results: EPS: RM0.008 (down from RM0.011 in 3Q 2023). Revenue: RM14.4m (down 13% from 3Q 2023). Net income: RM1.68m (down 26% from 3Q 2023). Profit margin: 12% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% 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. Reported Earnings • Feb 28
Second quarter 2024 earnings released: EPS: RM0.008 (vs RM0.007 in 2Q 2023) Second quarter 2024 results: EPS: RM0.008 (up from RM0.007 in 2Q 2023). Revenue: RM13.7m (up 2.0% from 2Q 2023). Net income: RM1.63m (up 14% from 2Q 2023). Profit margin: 12% (up from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Nov 27
Hexza Corporation Berhad Approves Final Single-Tier Dividend for Financial Year Ended 30 June 2023 Hexza Corporation Berhad at its AGM held on November 25, 2023, approved the payment of a final single-tier dividend of 5.0 sen per ordinary share in respect of the financial year ended 30 June 2023. Upcoming Dividend • Nov 27
Upcoming dividend of RM0.05 per share at 5.1% yield Eligible shareholders must have bought the stock before 04 December 2023. Payment date: 19 December 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.1%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (3.1%). New Risk • Nov 25
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 164% Cash payout ratio: 108% Earnings have declined by 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM200.4m market cap, or US$42.8m). Reported Earnings • Oct 28
Full year 2023 earnings released: EPS: RM0.031 (vs RM0.03 in FY 2022) Full year 2023 results: EPS: RM0.031 (up from RM0.03 in FY 2022). Revenue: RM62.0m (down 21% from FY 2022). Net income: RM6.12m (up 3.1% from FY 2022). Profit margin: 9.9% (up from 7.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 30
Full year 2023 earnings released: EPS: RM0.031 (vs RM0.03 in FY 2022) Full year 2023 results: EPS: RM0.031 (up from RM0.03 in FY 2022). Revenue: RM60.0m (down 24% from FY 2022). Net income: RM6.12m (up 3.1% from FY 2022). Profit margin: 10% (up from 7.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • May 19
Third quarter 2023 earnings released: EPS: RM0.011 (vs RM0.004 in 3Q 2022) Third quarter 2023 results: EPS: RM0.011 (up from RM0.004 in 3Q 2022). Revenue: RM16.5m (down 6.8% from 3Q 2022). Net income: RM2.29m (up 194% from 3Q 2022). Profit margin: 14% (up from 4.4% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 25
Second quarter 2023 earnings released: EPS: RM0.007 (vs RM0.008 in 2Q 2022) Second quarter 2023 results: EPS: RM0.007 (down from RM0.008 in 2Q 2022). Revenue: RM13.4m (down 34% from 2Q 2022). Net income: RM1.43m (down 10% from 2Q 2022). Profit margin: 11% (up from 7.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Nov 27
First quarter 2023 earnings released: EPS: RM0.003 (vs RM0.007 in 1Q 2022) First quarter 2023 results: EPS: RM0.003 (down from RM0.007 in 1Q 2022). Revenue: RM17.9m (down 12% from 1Q 2022). Net income: RM677.0k (down 52% from 1Q 2022). Profit margin: 3.8% (down from 7.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 25
Upcoming dividend of RM0.04 per share Eligible shareholders must have bought the stock before 02 December 2022. Payment date: 19 December 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.7%. Lower than top quartile of Malaysian dividend payers (5.1%). Lower than average of industry peers (5.4%). Reported Earnings • Oct 27
Full year 2022 earnings released: EPS: RM0.03 (vs RM0.051 in FY 2021) Full year 2022 results: EPS: RM0.03 (down from RM0.051 in FY 2021). Revenue: RM78.6m (up 1.9% from FY 2021). Net income: RM5.93m (down 42% from FY 2021). Profit margin: 7.5% (down from 13% in FY 2021). The decrease in margin was 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 increased by 1% per year, which means it is well ahead of earnings. Announcement • Sep 02
Hexza Corporation Berhad Announces the Appointment of Chong Kwai Yoong as Joint Secretary Hexza Corporation Berhad announced the appointment of Chong Kwai Yoong as Joint Secretary, effective September 1, 2022. She has been involved in corporate secretarial work for more than 10 years. Reported Earnings • Aug 27
Full year 2022 earnings released: EPS: RM0.03 (vs RM0.051 in FY 2021) Full year 2022 results: EPS: RM0.03 (down from RM0.051 in FY 2021). Revenue: RM77.2m (flat on FY 2021). Net income: RM5.93m (down 42% from FY 2021). Profit margin: 7.7% (down from 13% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jun 09
Hexza Corporation Berhad Appoints Beh Seng Kee as Chief Executive Officer Hexza Corporation Berhad announced that Dr. Beh Seng Kee appointed as Chief Executive Officer. Date of change: 08 Jun 2022. In 1999, he joined Chemical Industries (Malaya) Sdn. Bhd. as General Manager and Director of the company, where he was involved in the management of the company until 2005. From 2005 to 2007, he was transferred to Norsechem Resins Sdn. Berhad as the Director/General Manager as he has extensive experience in resins and timber industries, he was involved in overseeing the operations of the company. After leaving the Group, he joined QL Palm Pellet Sdn. Bhd. in July 2008 as Executive Director and was responsible for overseeing the operations as well as formulating and executing the business strategies and policies of the company. Subsequently, he was engaged as the project director of Scomi Platinum Sdn. Bhd. prior to re-joining Chemical Industries (Malaya) Sdn. Bhd. as Director/General Manager. Then, after completing his contract with the Group and he joined Carlbeck Bottlers in 2020 as Consultant. Announcement • Jun 02
Hexza Corporation Berhad Announces Appointment of Foong Leon KAH as Non-Independent Director Hexza Corporation Berhad announced appointment of MR FOONG LEON KAH as Non-Independent Director change from June 1, 2022. His experience MONEYSMART (JANUARY 2021 - PRESENT) - Key Accounts & Partnerships Manager SMART CITY KITCHENS (FEBRUARY 2020 - SEPTEMBER 2020) - Senior Account Executive THE LOCO GROUP (FEBRUARY 2017 - JANUARY 2020) - Group Business Development Manager JUBO LONDON (MARCH 2012 - JULY 2016) - Director cum Co-founder of JUBO SAATCHI & SAATCHI, PUBLICIS GROUPE (JULY 2007 - SEPTEMBER 2009) - Senior Account Manager IRIS SINGAPORE, IRIS WORLDWIDE (JANUARY 2007 - JUNE 2007) - Account Manager LOWE & PARTNERS MALAYSIA (2004 - 2006) - Senior Account Executive GREY WORLDWIDE MALAYSIA (2003 - 2004) - Account Executive. He has done Bachelor of Arts Economic & Social Studies from University of Manchester and Masters in Business Administration from Grenoble Ecole De Management. Reported Earnings • May 30
Third quarter 2022 earnings released: EPS: RM0.004 (vs RM0.01 in 3Q 2021) Third quarter 2022 results: EPS: RM0.004 (down from RM0.01 in 3Q 2021). Revenue: RM17.7m (down 1.1% from 3Q 2021). Net income: RM778.0k (down 61% from 3Q 2021). Profit margin: 4.4% (down from 11% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • May 28
Hexza Corporation Berhad Appoints Tsen Keng Yam as Independent and Non Executive Member of Audit Committee Hexza Corporation Berhad appoints TSEN KENG YAM as Independent and Non Executive Member of Audit Committee. Reported Earnings • Feb 27
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: RM0.008 (down from RM0.015 in 2Q 2021). Revenue: RM20.4m (up 7.6% from 2Q 2021). Net income: RM1.60m (down 48% from 2Q 2021). Profit margin: 7.8% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to RM1.01, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 15x in the Chemicals industry in Malaysia. Total returns to shareholders of 74% over the past three years. Executive Departure • Dec 01
Non-Independent Non-Executive Deputy Chairman Keng Yuen Leong has left the company On the 27th of November, Keng Yuen Leong's tenure as Non-Independent Non-Executive Deputy Chairman ended after 3.4 years in the role. As of September 2021, Keng Yuen still personally held 755.00k shares (RM808k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Nov 28
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: RM0.007 (down from RM0.018 in 1Q 2021). Revenue: RM20.4m (up 3.6% from 1Q 2021). Net income: RM1.42m (down 61% from 1Q 2021). Profit margin: 7.0% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Upcoming Dividend • Nov 25
Upcoming dividend of RM0.075 per share Eligible shareholders must have bought the stock before 02 December 2021. Payment date: 17 December 2021. Trailing yield: 6.2%. Within top quartile of Malaysian dividend payers (4.3%). Higher than average of industry peers (3.2%). Reported Earnings • Aug 29
Full year 2021 earnings released: EPS RM0.051 (vs RM0.077 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: RM75.4m (down 18% from FY 2020). Net income: RM10.2m (down 34% from FY 2020). Profit margin: 14% (down from 17% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Executive Departure • Aug 05
Chief Executive Officer Leong Foong has left the company During their tenure, earnings grew by 35% annually compared to the industry average of 17%. On the 30th of July, Leong Foong left the company after 1.7 in the role. We don't have any record of a personal shareholding under Leong's name. A total of 2 executives have left over the last 12 months. Under Leong's leadership, the company delivered a total shareholder return of 43%. Reported Earnings • Jun 02
Third quarter 2021 earnings released: EPS RM0.01 (vs RM0.038 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RM17.9m (down 29% from 3Q 2020). Net income: RM2.00m (down 74% from 3Q 2020). Profit margin: 11% (down from 31% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Second quarter 2021 earnings released: EPS RM0.016 (vs RM0.007 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: RM18.9m (down 2.9% from 2Q 2020). Net income: RM3.09m (up 125% from 2Q 2020). Profit margin: 16% (up from 7.0% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 23
New 90-day low: RM1.13 The company is down 15% from its price of RM1.33 on 25 November 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day low: RM1.15 The company is down 13% from its price of RM1.32 on 06 November 2020. The Malaysian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day low: RM1.16 The company is down 1.0% from its price of RM1.17 on 06 October 2020. The Malaysian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 26% over the same period. Announcement • Nov 28
Hexza Corporation Berhad Appoints Aureole Foong Leong Wei as Alternate Director Hexza Corporation Berhad announced the appointment of Aureole Foong Leong Wei as Alternate Director of the company, effective 27 Nov. 2020. Reported Earnings • Nov 28
First quarter 2021 earnings released: EPS RM0.018 The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: RM19.7m (down 19% from 1Q 2020). Net income: RM3.62m (up 51% from 1Q 2020). Profit margin: 18% (up from 9.9% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 19% share price gain to RM1.40, the stock is trading at a trailing P/E ratio of 18.2x, up from the previous P/E ratio of 15.3x. This compares to an average P/E of 19x in the Chemicals industry in Malaysia. Total returns to shareholders over the past three years are 76%.