Reported Earnings • May 28
First quarter 2026 earnings released: EPS: RM0.005 (vs RM0.003 loss in 1Q 2025) First quarter 2026 results: EPS: RM0.005 (up from RM0.003 loss in 1Q 2025). Revenue: RM100.8m (up 56% from 1Q 2025). Net income: RM3.09m (up RM5.03m from 1Q 2025). Profit margin: 3.1% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Apr 24
JHM Consolidation Berhad, Annual General Meeting, May 26, 2026 JHM Consolidation Berhad, Annual General Meeting, May 26, 2026, at 14:30 Singapore Standard Time. Location: marjorie 2, level 11, iconic marjorie hotel, no. 239a, jalan sultan azlan shah, 11900 bayan lepas, penang, Malaysia Reported Earnings • Feb 28
Full year 2025 earnings released: RM0.015 loss per share (vs RM0.037 loss in FY 2024) Full year 2025 results: RM0.015 loss per share (improved from RM0.037 loss in FY 2024). Revenue: RM327.0m (up 48% from FY 2024). Net loss: RM9.10m (loss narrowed 60% from FY 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: RM0.008 (vs RM0.026 loss in 3Q 2024) Third quarter 2025 results: EPS: RM0.008 (up from RM0.026 loss in 3Q 2024). Revenue: RM82.6m (up 95% from 3Q 2024). Net income: RM4.79m (up RM20.5m from 3Q 2024). Profit margin: 5.8% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. New Risk • Nov 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (RM251.5m market cap, or US$60.8m). Reported Earnings • Aug 31
Second quarter 2025 earnings released: RM0.02 loss per share (vs RM0.009 loss in 2Q 2024) Second quarter 2025 results: RM0.02 loss per share (further deteriorated from RM0.009 loss in 2Q 2024). Revenue: RM74.6m (up 50% from 2Q 2024). Net loss: RM12.3m (loss widened 132% from 2Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Price Target Changed • Jun 27
Price target decreased by 16% to RM0.41 Down from RM0.49, the current price target is an average from 2 analysts. New target price is 30% above last closing price of RM0.32. Stock is down 52% over the past year. The company is forecast to post earnings per share of RM0.01 next year compared to a net loss per share of RM0.037 last year. New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (RM178.8m market cap, or US$42.0m). Reported Earnings • May 30
First quarter 2025 earnings released: RM0.003 loss per share (vs RM0.008 loss in 1Q 2024) First quarter 2025 results: RM0.003 loss per share (improved from RM0.008 loss in 1Q 2024). Revenue: RM64.6m (up 33% from 1Q 2024). Net loss: RM1.94m (loss narrowed 59% from 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Apr 28
JHM Consolidation Berhad, Annual General Meeting, May 28, 2025 JHM Consolidation Berhad, Annual General Meeting, May 28, 2025, at 14:30 Singapore Standard Time. Location: marjorie 2, level 11, iconic marjorie hotel, no. 239a, jalan sultan azlan shah, 11900 bayan lepas, penang, Malaysia Reported Earnings • Feb 28
Full year 2024 earnings released: RM0.037 loss per share (vs RM0.024 profit in FY 2023) Full year 2024 results: RM0.037 loss per share (down from RM0.024 profit in FY 2023). Revenue: RM221.2m (down 29% from FY 2023). Net loss: RM22.7m (down 257% from profit in FY 2023). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (RM272.7m market cap, or US$61.6m). Reported Earnings • Nov 29
Third quarter 2024 earnings released: RM0.026 loss per share (vs RM0.009 profit in 3Q 2023) Third quarter 2024 results: RM0.026 loss per share (down from RM0.009 profit in 3Q 2023). Revenue: RM42.4m (down 47% from 3Q 2023). Net loss: RM15.7m (down 391% from profit in 3Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Oct 29
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to RM0.42. The fair value is estimated to be RM0.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Aug 29
Price target decreased by 16% to RM0.67 Down from RM0.80, the current price target is an average from 3 analysts. New target price is 34% above last closing price of RM0.50. Stock is down 38% over the past year. The company posted earnings per share of RM0.024 last year. Reported Earnings • Aug 29
Second quarter 2024 earnings released: RM0.009 loss per share (vs RM0.011 profit in 2Q 2023) Second quarter 2024 results: RM0.009 loss per share (down from RM0.011 profit in 2Q 2023). Revenue: RM49.9m (down 48% from 2Q 2023). Net loss: RM5.28m (down 179% from profit in 2Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Jun 03
Consensus revenue estimates fall by 18% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from RM392.6m to RM322.1m. EPS estimate fell from RM0.05 to RM0.01 per share. Net income forecast to grow 36% next year vs 32% growth forecast for Electronic industry in Malaysia. Consensus price target down from RM0.82 to RM0.80. Share price fell 6.8% to RM0.62 over the past week. Reported Earnings • May 28
First quarter 2024 earnings released: RM0.008 loss per share (vs RM0.003 profit in 1Q 2023) First quarter 2024 results: RM0.008 loss per share (down from RM0.003 profit in 1Q 2023). Revenue: RM48.5m (down 46% from 1Q 2023). Net loss: RM4.70m (down 368% from profit in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Announcement • Apr 28
JHM Consolidation Berhad, Annual General Meeting, May 27, 2024 JHM Consolidation Berhad, Annual General Meeting, May 27, 2024, at 14:30 Singapore Standard Time. Location: Angsana Room,Level 3, Eastin Hotel Penang, 1 Solok Bayan Indah Queensbay, 11900 Bayan Lepas, Penang, Malaysia Malaysia Agenda: To receive the Audited Financial Statements of the Company for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' fees and Directors' benefits of RM159,000.00 for the financial year ending 31 December 2024; to re-elect Ms. Low Soo Kim who retires in accordance with the Article 95 of the Company's Constitution; to re-elect Mr. Lai Fah Hin who retires in accordance with the Article 95 of the Company's Constitution; to re-appoint Messrs. Grant Thornton Malaysia PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorize the Directors to fix their remuneration. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: RM0.024 (vs RM0.039 in FY 2022) Full year 2023 results: EPS: RM0.024 (down from RM0.039 in FY 2022). Revenue: RM310.7m (down 13% from FY 2022). Net income: RM14.5m (down 33% from FY 2022). Profit margin: 4.7% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 25
Third quarter 2023 earnings released: EPS: RM0.009 (vs RM0.002 in 3Q 2022) Third quarter 2023 results: EPS: RM0.009 (up from RM0.002 in 3Q 2022). Revenue: RM80.1m (up 5.6% from 3Q 2022). Net income: RM5.38m (up 479% from 3Q 2022). Profit margin: 6.7% (up from 1.2% in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Board Change • Nov 02
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. 4 experienced directors. 2 highly experienced directors. Executive Director & Finance Director Soo Low was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 01
JHM Consolidation Berhad Announces Resignation of Lim Khai Teng as Executive Director JHM Consolidation Berhad announced resignation of Mr. Lim Khai Teng as Executive Director. Date of change 31 October 2023, Age 50. Reason: pursue personal interest. New Risk • Oct 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM469.7m (US$99.5m) 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: Minor Risks Profit margins are more than 30% lower than last year (3.1% net profit margin). Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Market cap is less than US$100m (RM469.7m market cap, or US$99.5m). Major Estimate Revision • Sep 04
Consensus EPS estimates fall by 24% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM373.3m to RM368.5m. EPS estimate also fell from RM0.05 per share to RM0.038 per share. Net income forecast to grow 185% next year vs 30% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM0.84 to RM0.87. Share price rose 5.2% to RM0.81 over the past week. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: RM0.011 (vs RM0.018 in 2Q 2022) Second quarter 2023 results: EPS: RM0.011 (down from RM0.018 in 2Q 2022). Revenue: RM95.4m (up 2.4% from 2Q 2022). Net income: RM6.72m (down 31% from 2Q 2022). Profit margin: 7.0% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jun 02
First quarter 2023 earnings released: EPS: RM0.003 (vs RM0.017 in 1Q 2022) First quarter 2023 results: EPS: RM0.003 (down from RM0.017 in 1Q 2022). Revenue: RM90.1m (down 9.9% from 1Q 2022). Net income: RM1.75m (down 82% from 1Q 2022). Profit margin: 1.9% (down from 9.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: RM0.04 (vs RM0.062 in FY 2021) Full year 2022 results: EPS: RM0.04 (down from RM0.062 in FY 2021). Revenue: RM355.8m (up 20% from FY 2021). Net income: RM22.6m (down 34% from FY 2021). Profit margin: 6.3% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 03
Third quarter 2022 earnings released: EPS: RM0.002 (vs RM0.006 in 3Q 2021) Third quarter 2022 results: EPS: RM0.002 (down from RM0.006 in 3Q 2021). Revenue: RM75.8m (up 28% from 3Q 2021). Net income: RM930.0k (down 71% from 3Q 2021). Profit margin: 1.2% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Major Estimate Revision • Dec 01
Consensus revenue estimates fall by 14% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from RM373.4m to RM320.0m. EPS estimate fell from RM0.06 to RM0.05 per share. Net income forecast to shrink 5.2% next year vs 9.8% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM1.06 to RM0.90. Share price fell 4.0% to RM0.72 over the past week. Price Target Changed • Nov 16
Price target decreased to RM1.06 Down from RM1.26, the current price target is an average from 2 analysts. New target price is 41% above last closing price of RM0.75. Stock is down 59% over the past year. The company is forecast to post earnings per share of RM0.062 for next year compared to RM0.062 last year. Announcement • Aug 31
JHM Consolidation Berhad Announces Resignation of Koh Yew Wah as Executive Director JHM Consolidation Berhad announced resignation of Koh Yew Wah as Executive Director. Date of change is 30 august 2022. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: RM0.018 (vs RM0.017 in 2Q 2021) Second quarter 2022 results: EPS: RM0.018 (up from RM0.017 in 2Q 2021). Revenue: RM93.1m (up 35% from 2Q 2021). Net income: RM9.77m (up 4.8% from 2Q 2021). Profit margin: 11% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 21%, compared to a 17% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year. Price Target Changed • Aug 27
Price target decreased to RM1.26 Down from RM1.36, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of RM1.26. Stock is down 40% over the past year. The company is forecast to post earnings per share of RM0.063 for next year compared to RM0.062 last year. Announcement • Jun 04
JHM Consolidation Berhad Announces Resignation of Khor Thean Lee as Executive Director JHM Consolidation Berhad announced resignation of Mr. Khor Thean Lee as Executive Director due to personal commitment. Date of change is 03 June 2022. Reported Earnings • May 31
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: RM0.017 (up from RM0.016 in 1Q 2021). Revenue: RM100.0m (up 37% from 1Q 2021). Net income: RM9.66m (up 7.2% from 1Q 2021). Profit margin: 9.7% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 49%. Over the next year, revenue is forecast to grow 21%, compared to a 16% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Price Target Changed • Apr 27
Price target decreased to RM1.95 Down from RM2.17, the current price target is an average from 3 analysts. New target price is 64% above last closing price of RM1.19. Stock is down 40% over the past year. The company is forecast to post earnings per share of RM0.069 for next year compared to RM0.062 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent & Non Executive Director Cheng Kwang Khor was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 21% share price gain to RM1.39, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Electronic industry in Malaysia. Total returns to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 19% share price decline to RM1.20, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Electronic industry in Malaysia. Total returns to shareholders of 8.3% over the past three years. Price Target Changed • Feb 27
Price target decreased to RM1.95 Down from RM2.17, the current price target is an average from 3 analysts. New target price is 31% above last closing price of RM1.49. Stock is down 36% over the past year. The company is forecast to post earnings per share of RM0.076 for next year compared to RM0.062 last year. Major Estimate Revision • Feb 26
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate increased from RM0.04 to RM0.05. Revenue forecast unchanged at RM280.1m. Net income forecast to grow 25% next year vs 14% growth forecast for Electronic industry in Malaysia. Consensus price target of RM2.03 unchanged from last update. Share price was steady at RM1.49 over the past week. Major Estimate Revision • Dec 03
Consensus EPS estimates fall to RM0.042 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from RM289.5m to RM280.1m. EPS estimate also fell from RM0.059 to RM0.042. Net income forecast to grow 34% next year vs 15% growth forecast for Electronic industry in Malaysia. Consensus price target down from RM2.17 to RM2.11. Share price rose 3.0% to RM1.72 over the past week. Reported Earnings • Nov 28
Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2021 results: EPS: RM0.006 (down from RM0.01 in 3Q 2020). Revenue: RM59.2m (down 24% from 3Q 2020). Net income: RM3.25m (down 39% from 3Q 2020). Profit margin: 5.5% (down from 6.8% in 3Q 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 27%, compared to a 17% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Sep 23
Second quarter 2021 earnings released: EPS RM0.017 (vs RM0.005 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM69.3m (up 44% from 2Q 2020). Net income: RM9.32m (up 240% from 2Q 2020). Profit margin: 14% (up from 5.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Jun 24
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM72.9m (up 50% from 1Q 2020). Net income: RM9.01m (up 70% from 1Q 2020). Profit margin: 12% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Price Target Changed • Jun 24
Price target decreased to RM2.27 Down from RM2.50, the current price target is an average from 3 analysts. New target price is 26% above last closing price of RM1.81. Stock is up 36% over the past year. Executive Departure • Apr 08
Company Secretary has left the company On the 31st of March, Li Foo's tenure in the role of Company Secretary ended. We don't have any record of a personal shareholding under Li's name. Li is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 19% share price decline to RM1.91, the stock is trading at a trailing P/E ratio of 49.8x, down from the previous P/E ratio of 61.3x. This compares to an average P/E of 36x in the Electronic industry in Malaysia. Total returns to shareholders over the past three years are 48%. Major Estimate Revision • Mar 06
Analysts update estimates The 2021 consensus revenue estimate increased from RM340.1m to RM390.9m. Earning per share (EPS) estimate was unchanged from the last update at RM0.087. The Electronic industry in Malaysia is expected to see an average net income growth of 54% next year. The consensus price target of RM2.50 was unchanged from the last update. Share price is down by 10% to RM2.08 over the past week. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS RM0.038 (vs RM0.055 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM251.0m (down 2.3% from FY 2019). Net income: RM21.4m (down 30% from FY 2019). Profit margin: 8.5% (down from 12% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Feb 26
JHM Consolidation Berhad Appoints Miss Low Soo Kim as Executive Director JHM Consolidation Berhad appointed Miss Low Soo Kim as Executive Director, 26 February 2021. Price Target Changed • Jan 21
Price target raised to RM2.31 Up from RM1.91, the current price target is an average from 3 analysts. The new target price is close to the current share price of RM2.26. As of last close, the stock is up 40% over the past year. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 18% share price gain to RM2.24, the stock is trading at a trailing P/E ratio of 59.2x, up from the previous P/E ratio of 50.3x. This compares to an average P/E of 33x in the Electronic industry in Malaysia. Total returns to shareholders over the past three years are 47%. Is New 90 Day High Low • Jan 20
New 90-day high: RM2.24 The company is up 22% from its price of RM1.83 on 22 October 2020. The Malaysian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RM0.35 per share. Major Estimate Revision • Dec 03
Analysts lower EPS estimates to RM0.049 The 2020 consensus revenue estimate was lowered from RM256.7m to RM242.3m. Earning per share (EPS) estimate was also lowered from RM0.054 to RM0.049 for the same period. Net income is expected to grow by 96% next year compared to 63% growth forecast for the Electronic industry in Malaysia. The consensus price target was lowered from RM1.93 to RM1.91. Share price is up 2.7% to RM1.93 over the past week. Reported Earnings • Nov 27
Third quarter 2020 earnings released: EPS RM0.01 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: RM78.1m (up 22% from 3Q 2019). Net income: RM5.32m (down 26% from 3Q 2019). Profit margin: 6.8% (down from 11% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 09
New 90-day high: RM1.94 The company is up 24% from its price of RM1.57 on 11 August 2020. The Malaysian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RM0.25 per share.