Menang Corporation (M) Berhad Past Earnings Performance

Past criteria checks 4/6

Menang (M) Berhad has been growing earnings at an average annual rate of 48.2%, while the Real Estate industry saw earnings growing at 6.5% annually. Revenues have been growing at an average rate of 11.1% per year. Menang (M) Berhad's return on equity is 6.1%, and it has net margins of 20.3%.

Key information

48.2%

Earnings growth rate

55.2%

EPS growth rate

Real Estate Industry Growth	4.6%
Revenue growth rate	11.1%
Return on equity	6.1%
Net Margin	20.3%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Statutory Profit Doesn't Reflect How Good Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings Are

Feb 12

Recent updates

Statutory Profit Doesn't Reflect How Good Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings Are

Feb 12

Here's Why Menang Corporation (M) Berhad (KLSE:MENANG) Has A Meaningful Debt Burden

Aug 22

Estimating The Intrinsic Value Of Menang Corporation (M) Berhad (KLSE:MENANG)

Jun 26

Should You Be Adding Menang Corporation (M) Berhad (KLSE:MENANG) To Your Watchlist Today?

Apr 19

These 4 Measures Indicate That Menang Corporation (M) Berhad (KLSE:MENANG) Is Using Debt Extensively

Mar 22

Do Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings Warrant Your Attention?

Sep 07

These 4 Measures Indicate That Menang Corporation (M) Berhad (KLSE:MENANG) Is Using Debt Extensively

Jun 15

Here's Why We Think Menang Corporation (M) Berhad (KLSE:MENANG) Is Well Worth Watching

Apr 18

Menang Corporation (M) Berhad's (KLSE:MENANG) Price Is Out Of Tune With Earnings

Feb 11

Menang Corporation (M) Berhad's (KLSE:MENANG) Solid Earnings Have Been Accounted For Conservatively

Dec 06

Is Menang Corporation (M) Berhad (KLSE:MENANG) A Risky Investment?

Jul 12

Does Menang Corporation (M) Berhad (KLSE:MENANG) Have A Healthy Balance Sheet?

Feb 05

Menang Corporation (M) Berhad (KLSE:MENANG) Shareholders Have Enjoyed A 78% Share Price Gain

Dec 14

Revenue & Expenses Breakdown
Beta

How Menang Corporation (M) Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KLSE:MENANG Revenue, expenses and earnings (MYR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	98	20	7
30 Sep 23	88	19	6
30 Jun 23	89	17	7
31 Mar 23	89	13	8
31 Dec 22	88	14	9
30 Sep 22	88	12	10
30 Jun 22	88	12	9
31 Mar 22	87	12	16
31 Dec 21	88	9	14
30 Sep 21	88	9	11
30 Jun 21	88	7	10
31 Mar 21	89	5	13
31 Dec 20	89	4	13
30 Sep 20	100	8	13
30 Jun 20	90	3	13
31 Mar 20	117	0	12
31 Dec 19	94	-2	12
30 Sep 19	61	-11	12
30 Jun 19	49	-10	12
31 Mar 19	11	3	11
31 Dec 18	21	7	11
30 Sep 18	32	12	11
30 Jun 18	43	15	11
31 Mar 18	-15	1	11
31 Dec 17	2	0	11
30 Sep 17	22	7	11
30 Jun 17	35	8	11
31 Mar 17	124	32	18
31 Dec 16	143	33	18
30 Sep 16	162	29	18
30 Jun 16	179	33	18
31 Mar 16	206	14	13
31 Dec 15	267	33	13
30 Sep 15	248	58	13
30 Jun 15	277	55	13
31 Mar 15	277	60	7
31 Dec 14	244	51	7
30 Sep 14	280	24	7
30 Jun 14	273	30	7
31 Mar 14	281	22	7
31 Dec 13	256	14	7
30 Sep 13	264	17	7
30 Jun 13	234	14	7

Quality Earnings: MENANG has high quality earnings.

Growing Profit Margin: MENANG's current net profit margins (20.3%) are higher than last year (16.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MENANG's earnings have grown significantly by 48.2% per year over the past 5 years.

Accelerating Growth: MENANG's earnings growth over the past year (40.2%) is below its 5-year average (48.2% per year).

Earnings vs Industry: MENANG earnings growth over the past year (40.2%) exceeded the Real Estate industry 27.1%.

Menang Corporation (M) Berhad Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Statutory Profit Doesn't Reflect How Good Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings Are

Second quarter 2024 earnings released: EPS: RM0.009 (vs RM0.007 in 2Q 2023)

First quarter 2024 earnings released: EPS: RM0.01 (vs RM0.007 in 1Q 2023)

Full year 2023 earnings released: EPS: RM0.034 (vs RM0.025 in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.006 (vs RM0.009 in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.007 (vs RM0.004 in 2Q 2022)

Recent updates

New minor risk - Shareholder dilution

Statutory Profit Doesn't Reflect How Good Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings Are

Second quarter 2024 earnings released: EPS: RM0.009 (vs RM0.007 in 2Q 2023)

First quarter 2024 earnings released: EPS: RM0.01 (vs RM0.007 in 1Q 2023)

Menang Corporation (M) Berhad, Annual General Meeting, Nov 27, 2023

Here's Why Menang Corporation (M) Berhad (KLSE:MENANG) Has A Meaningful Debt Burden

Full year 2023 earnings released: EPS: RM0.034 (vs RM0.025 in FY 2022)

Now 21% undervalued after recent price drop

Menang Corporation (M) Berhad Announces Re-Designation of Toh May Fook, Group Managing Director as Executive Chairman

Estimating The Intrinsic Value Of Menang Corporation (M) Berhad (KLSE:MENANG)

Now 20% undervalued

Third quarter 2023 earnings released: EPS: RM0.006 (vs RM0.009 in 3Q 2022)

Should You Be Adding Menang Corporation (M) Berhad (KLSE:MENANG) To Your Watchlist Today?

These 4 Measures Indicate That Menang Corporation (M) Berhad (KLSE:MENANG) Is Using Debt Extensively

Second quarter 2023 earnings released: EPS: RM0.007 (vs RM0.004 in 2Q 2022)

Menang Corporation (M) Berhad Resigns Florence Toh Sue Mei as Company Secretary

First quarter 2023 earnings released: EPS: RM0.007 (vs RM0.007 in 1Q 2022)

High number of new and inexperienced directors

Full year 2022 earnings released: EPS: RM0.025 (vs RM0.015 in FY 2021)

Menang Corporation (M) Berhad Announces Update on Lawsuit

Do Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings Warrant Your Attention?

Full year 2022 earnings released: EPS: RM0.025 (vs RM0.015 in FY 2021)

Menang Corporation (M) Berhad Announces Resignation of Simon Wee Howe Yew as Chief Financial Officer

These 4 Measures Indicate That Menang Corporation (M) Berhad (KLSE:MENANG) Is Using Debt Extensively

Third quarter 2022 earnings released: EPS: RM0.009 (vs RM0.003 in 3Q 2021)

High number of new and inexperienced directors

Here's Why We Think Menang Corporation (M) Berhad (KLSE:MENANG) Is Well Worth Watching

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Menang Corporation (M) Berhad's (KLSE:MENANG) Price Is Out Of Tune With Earnings

Menang Corporation (M) Berhad's (KLSE:MENANG) Solid Earnings Have Been Accounted For Conservatively

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: EPS RM0.014 (vs RM0.024 loss in FY 2020)

Is Menang Corporation (M) Berhad (KLSE:MENANG) A Risky Investment?

Independent Non-Executive Director has left the company

Third quarter 2021 earnings released: EPS RM0.003 (vs RM0.004 loss in 3Q 2020)

Company Secretary has left the company

Company Secretary has left the company

Group Chief Executive Officer Choo Teoh has left the company

Menang Corporation (M) Berhad Serves with A Writ of Summons No. WA-22NCC-155-04/2021 by Dato’ Shun Leong Kwong

Non-Independent & Non-Executive Director has left the company

Non-Independent Non-Executive Director has left the company

New 90-day low: RM0.47

Menang Corporation (M) Berhad Announces Update on Material Litigation

Material Litigation Kuala Lumpur High Court Originating Summons No. Wa-24Ncc-95-03/2021 - Dato' Shun Leong Kwong and Marianna Binti Aly Shun Vs Menang Corporation (M) Berhad, Lee Min Huat, Toh May Fook, Liew Sook Pin, Chee Wai Hong, Yee Chun Lin and Chiam Tau Meng

Independent Non Executive Director has left the company

Independent Non Executive Director has left the company

Non-Independent Non-Executive Director has left the company

Does Menang Corporation (M) Berhad (KLSE:MENANG) Have A Healthy Balance Sheet?

New 90-day low: RM0.48

Executive Chairman Y.A.M. Raja Shahruddin Ibni Almarhum Sultan Idris Iskandar Shah has left the company

Independent Non Executive Director has left the company

Independent Non Executive Director has left the company

Menang Corporation (M) Berhad Appoints MR TOH MAY FOOK as Non Independent and Non Executive Director

Menang Corporation (M) Berhad Announces Proposal to Removal of Directors

Menang Corporation (M) Berhad Appoints N. Sivagurunathan V Narayanasamy as Member of Audit Committee and Independent and Non Executive

New 90-day low: RM0.53

Menang Corporation (M) Berhad Announces Resignation of Wong Youn Kim as Company Secretary

Menang Corporation (M) Berhad Announces Appointment of Mr. N.Sivagurunathan V Narayanasamy as Independent Director

Menang Corporation (M) Berhad Announces Retirement of Marianna Binti Aly Shun as Executive Director

Menang Corporation (M) Berhad Announces Resignation of Leou Thiam Lai as Independent and Non Executive Member of Risk Committee, Date of Change December 17, 2020

Menang Corporation (M) Berhad (KLSE:MENANG) Shareholders Have Enjoyed A 78% Share Price Gain

Menang Corporation (M) Berhad Appoints Cheng Chia Ping as Company Secretary

New 90-day high: RM0.57

Widad Group Berhad (KLSE:WIDAD) entered into a heads of agreement to acquire Innovatif Mewah Sdn Bhd from Menang Development (M) Sdn Bhd, Menang Corporation (M) Berhad (KLSE:MENANG), Aidit Bin Ghazali and Shahrir Bin Abdul Jalil for approximately MYR 120 million.

New 90-day high: RM0.56

Full year earnings released - RM0.024 loss per share

New 90-day high - RM0.49

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Revenue & Expenses Breakdown
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