Solid Automotive Berhad

KLSE:SOLID Stock Report

Market Cap: RM 96.1m

Solid Automotive Berhad Past Earnings Performance

Past criteria checks 5/6

Solid Automotive Berhad has been growing earnings at an average annual rate of 50.4%, while the Retail Distributors industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 9.2% per year. Solid Automotive Berhad's return on equity is 16.5%, and it has net margins of 10.1%.

Key information

50.4%

Earnings growth rate

48.8%

EPS growth rate

Retail Distributors Industry Growth13.7%
Revenue growth rate9.2%
Return on equity16.5%
Net Margin10.1%
Last Earnings Update31 Oct 2024

Recent past performance updates

There May Be Underlying Issues With The Quality Of Solid Automotive Berhad's (KLSE:SOLID) Earnings

Dec 26
There May Be Underlying Issues With The Quality Of Solid Automotive Berhad's (KLSE:SOLID) Earnings

Solid Automotive Berhad's (KLSE:SOLID) Conservative Accounting Might Explain Soft Earnings

Apr 05
Solid Automotive Berhad's (KLSE:SOLID) Conservative Accounting Might Explain Soft Earnings

Recent updates

There May Be Underlying Issues With The Quality Of Solid Automotive Berhad's (KLSE:SOLID) Earnings

Dec 26
There May Be Underlying Issues With The Quality Of Solid Automotive Berhad's (KLSE:SOLID) Earnings

Does Solid Automotive Berhad (KLSE:SOLID) Have A Healthy Balance Sheet?

Aug 02
Does Solid Automotive Berhad (KLSE:SOLID) Have A Healthy Balance Sheet?

Investors Still Aren't Entirely Convinced By Solid Automotive Berhad's (KLSE:SOLID) Earnings Despite 30% Price Jump

Jul 05
Investors Still Aren't Entirely Convinced By Solid Automotive Berhad's (KLSE:SOLID) Earnings Despite 30% Price Jump

Returns On Capital Are Showing Encouraging Signs At Solid Automotive Berhad (KLSE:SOLID)

Jun 10
Returns On Capital Are Showing Encouraging Signs At Solid Automotive Berhad (KLSE:SOLID)

Solid Automotive Berhad's (KLSE:SOLID) Conservative Accounting Might Explain Soft Earnings

Apr 05
Solid Automotive Berhad's (KLSE:SOLID) Conservative Accounting Might Explain Soft Earnings

Here's Why Solid Automotive Berhad (KLSE:SOLID) Can Manage Its Debt Responsibly

Dec 13
Here's Why Solid Automotive Berhad (KLSE:SOLID) Can Manage Its Debt Responsibly

Solid Automotive Berhad (KLSE:SOLID) Has A Rock Solid Balance Sheet

Jun 28
Solid Automotive Berhad (KLSE:SOLID) Has A Rock Solid Balance Sheet

Solid Automotive Berhad (KLSE:SOLID) Could Easily Take On More Debt

Dec 14
Solid Automotive Berhad (KLSE:SOLID) Could Easily Take On More Debt

Solid Automotive Berhad's (KLSE:SOLID) Solid Profits Have Weak Fundamentals

Aug 05
Solid Automotive Berhad's (KLSE:SOLID) Solid Profits Have Weak Fundamentals

These 4 Measures Indicate That Solid Automotive Berhad (KLSE:SOLID) Is Using Debt Reasonably Well

Jun 24
These 4 Measures Indicate That Solid Automotive Berhad (KLSE:SOLID) Is Using Debt Reasonably Well

Be Wary Of Solid Automotive Berhad (KLSE:SOLID) And Its Returns On Capital

May 12
Be Wary Of Solid Automotive Berhad (KLSE:SOLID) And Its Returns On Capital

Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden

Mar 23
Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden

We're Watching These Trends At Solid Automotive Berhad (KLSE:SOLID)

Jan 28
We're Watching These Trends At Solid Automotive Berhad (KLSE:SOLID)

Here's What We Think About Solid Automotive Berhad's (KLSE:SOLID) CEO Pay

Dec 23
Here's What We Think About Solid Automotive Berhad's (KLSE:SOLID) CEO Pay

Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden

Nov 19
Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden

Revenue & Expenses Breakdown

How Solid Automotive Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

KLSE:SOLID Revenue, expenses and earnings (MYR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 2438138440
31 Jul 2437838440
30 Apr 2436838430
31 Jan 243386420
31 Oct 233366400
31 Jul 233417400
30 Apr 2335110400
31 Jan 233518390
31 Oct 2235110390
31 Jul 2233810370
30 Apr 223047360
31 Jan 2229310350
31 Oct 2128913350
31 Jul 2128914320
30 Apr 2130415320
31 Jan 212702300
31 Oct 20254-3310
31 Jul 20250-5320
30 Apr 20241-7320
31 Jan 202602330
31 Oct 192392280
31 Jul 192022260
30 Apr 191671230
31 Jan 19138170
31 Oct 181322100
31 Jul 181262140
30 Apr 181293170
31 Jan 181315320
31 Oct 171264310
31 Jul 171285300
30 Apr 171255290
31 Jan 171223290
31 Oct 161224280
31 Jul 161225280
30 Apr 161216270
31 Jan 161237270
31 Oct 151278280
31 Jul 151309260
30 Apr 1513310250
31 Jan 1513010250
31 Oct 1412810230
31 Jul 141229230
30 Apr 141187230

Quality Earnings: SOLID has high quality earnings.

Growing Profit Margin: SOLID's current net profit margins (10.1%) are higher than last year (1.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOLID's earnings have grown significantly by 50.4% per year over the past 5 years.

Accelerating Growth: SOLID's earnings growth over the past year (537.3%) exceeds its 5-year average (50.4% per year).

Earnings vs Industry: SOLID earnings growth over the past year (537.3%) exceeded the Retail Distributors industry -14.7%.


Return on Equity

High ROE: SOLID's Return on Equity (16.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 06:17
End of Day Share Price 2025/01/28 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Solid Automotive Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yoon LaiInter-Pacific Research Sdn Bhd
James RatnamTA Securities Holdings Berhad