Wang-Zheng Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Wang-Zheng Berhad has a total shareholder equity of MYR204.5M and total debt of MYR84.1M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are MYR305.4M and MYR100.8M respectively. Wang-Zheng Berhad's EBIT is MYR7.0M making its interest coverage ratio -7.9. It has cash and short-term investments of MYR122.9M.

Key information

41.1%

Debt to equity ratio

RM84.06m

Debt

Interest coverage ratio	-7.9x
Cash	RM122.93m
Equity	RM204.52m
Total liabilities	RM100.85m
Total assets	RM305.37m

Recent financial health updates

Is Wang-Zheng Berhad (KLSE:WANGZNG) Using Too Much Debt?

Mar 03

Wang-Zheng Berhad (KLSE:WANGZNG) Has A Pretty Healthy Balance Sheet

Nov 26

Recent updates

Wang-Zheng Berhad's (KLSE:WANGZNG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 25

Wang-Zheng Berhad's (KLSE:WANGZNG) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 27

Financial Position Analysis

Short Term Liabilities: WANGZNG's short term assets (MYR256.1M) exceed its short term liabilities (MYR98.9M).

Long Term Liabilities: WANGZNG's short term assets (MYR256.1M) exceed its long term liabilities (MYR1.9M).

Debt to Equity History and Analysis

Debt Level: WANGZNG has more cash than its total debt.

Reducing Debt: WANGZNG's debt to equity ratio has increased from 35% to 41.1% over the past 5 years.

Debt Coverage: WANGZNG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: WANGZNG earns more interest than it pays, so coverage of interest payments is not a concern.

Wang-Zheng Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Is Wang-Zheng Berhad (KLSE:WANGZNG) Using Too Much Debt?

Wang-Zheng Berhad (KLSE:WANGZNG) Has A Pretty Healthy Balance Sheet

Recent updates

Wang-Zheng Berhad, Annual General Meeting, May 31, 2024

Wang-Zheng Berhad's (KLSE:WANGZNG) Upcoming Dividend Will Be Larger Than Last Year's

Dividend of RM0.02 announced

Wang-Zheng Berhad Announces First and Final Single-Tier Dividend for the Financial Year Ended 31 December 2023, Payable on June 20, 2024

Full year 2023 earnings released: EPS: RM0.046 (vs RM0.041 in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.005 (vs RM0.005 in 3Q 2022)

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: RM0.008 (vs RM0.022 in 2Q 2022)

Wang-Zheng Berhad Announces Appointment of Maj Gen Dato' Pahlawan Dr Mohana Dass A/L Ramasamy (Rtd) as Non Independent and Non Executive Director

Wang-Zheng Berhad Appoints Tai Yit Chan as Company Secretary

First quarter 2023 earnings released: EPS: RM0.017 (vs RM0.01 in 1Q 2022)

Wang-Zheng Berhad Announces Retirement of Mr. Ch'ng Eng Hing as Independent and Non Executive Director

Upcoming dividend of RM0.015 per share at 2.0% yield

Wang-Zheng Berhad's (KLSE:WANGZNG) Shareholders Will Receive A Smaller Dividend Than Last Year

Full year 2022 earnings released: EPS: RM0.041 (vs RM0.049 in FY 2021)

Insufficient new directors

Third quarter 2022 earnings released: EPS: RM0.005 (vs RM0.006 in 3Q 2021)

Insufficient new directors

Insufficient new directors

Second quarter 2022 earnings released: EPS: RM0.022 (vs RM0.009 in 2Q 2021)

Wang-Zheng Berhad Announces Appointment of Hui Ching Chi as Chairman of Remuneration Committee

Wang-Zheng Berhad Appoints Mr. Hui Ching Chi as Executive Director

Insufficient new directors

First quarter 2022 earnings released: EPS: RM0.01 (vs RM0.023 in 1Q 2021)

Upcoming dividend of RM0.02 per share

Insufficient new directors

Wang-Zheng Berhad Proposes First and Final Single Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2021

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS RM0.006 (vs RM0.011 in 3Q 2020)

Second quarter 2021 earnings released: EPS RM0.009 (vs RM0.012 in 2Q 2020)

Non-Independent Non-Executive Director Kwan Fu has left the company

Upcoming dividend of RM0.03 per share

Wang-Zheng Berhad's (KLSE:WANGZNG) Soft Earnings Don't Show The Whole Picture

First quarter 2021 earnings released: EPS RM0.024 (vs RM0.016 in 1Q 2020)

Wang-Zheng Berhad Proposes the Payment of a First and Final Single Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2020

Wang-Zheng Berhad (KLSE:WANGZNG) Will Be Looking To Turn Around Its Returns

Wang-Zheng Berhad Reports Property, Plant and Equipment Written Off for the Fourth Quarter Ended December 31, 2020

Full year 2020 earnings released: EPS RM0.038 (vs RM0.071 in FY 2019)

Is Wang-Zheng Berhad (KLSE:WANGZNG) Using Too Much Debt?

Is Wang-Zheng Berhad (KLSE:WANGZNG) An Attractive Dividend Stock?

Be Wary Of Wang-Zheng Berhad (KLSE:WANGZNG) And Its Returns On Capital

New 90-day high: RM0.95

Third quarter 2020 earnings released: EPS RM0.011

Wang-Zheng Berhad (KLSE:WANGZNG) Has A Pretty Healthy Balance Sheet

New 90-day low: RM0.81

New 90-day low: RM0.85

Upcoming Dividend of RM0.045 Per Share

New 90-day high - RM0.98

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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