Declared Dividend • Mar 29
Fourth quarter dividend of RM0.0025 announced Shareholders will receive a dividend of RM0.0025. Ex-date: 4th May 2026 Payment date: 26th May 2026 Dividend yield will be 2.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has 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 21% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 65% EPS decline seen over the last 5 years. Reported Earnings • Mar 28
Full year 2026 earnings released: EPS: RM0.027 (vs RM0.019 in FY 2025) Full year 2026 results: EPS: RM0.027 (up from RM0.019 in FY 2025). Revenue: RM3.34b (up 228% from FY 2025). Net income: RM46.0m (up 52% from FY 2025). Profit margin: 1.4% (down from 3.0% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. New Risk • Mar 09
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). New Risk • Jan 07
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 7.8% 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: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). New Risk • Dec 11
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.6% net profit margin). Reported Earnings • Dec 11
Third quarter 2026 earnings released: EPS: RM0.006 (vs RM0.006 in 3Q 2025) Third quarter 2026 results: EPS: RM0.006 (in line with 3Q 2025). Revenue: RM384.9m (up 54% from 3Q 2025). Net income: RM10.1m (down 1.0% from 3Q 2025). Profit margin: 2.6% (down from 4.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Declared Dividend • Sep 28
Second quarter dividend of RM0.0025 announced Shareholders will receive a dividend of RM0.0025. Ex-date: 6th November 2025 Payment date: 26th November 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 21% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 87% to shift the payout ratio to a potentially unsustainable range, which is more than the 64% EPS decline seen over the last 5 years. Reported Earnings • Sep 27
Second quarter 2026 earnings released: EPS: RM0.012 (vs RM0.004 in 2Q 2025) Second quarter 2026 results: EPS: RM0.012 (up from RM0.004 in 2Q 2025). Revenue: RM1.75b (up 476% from 2Q 2025). Net income: RM20.6m (up 224% from 2Q 2025). Profit margin: 1.2% (down from 2.1% in 2Q 2025). Buy Or Sell Opportunity • Sep 23
Now 21% undervalued Over the last 90 days, the stock has risen 15% to RM0.65. The fair value is estimated to be RM0.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last year. Earnings per share has grown by 31%. Declared Dividend • Jun 27
First quarter dividend of RM0.0025 announced Shareholders will receive a dividend of RM0.0025. Ex-date: 29th July 2025 Payment date: 28th August 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 21% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is less than the 58% EPS decline seen over the last 5 years. Announcement • Jun 27
SNS Network Technology Berhad Approves First Interim Single-Tier Dividend for the Financial Year Ending 31 January 2026, Payable on 28 August 2025 On 25 June 2025, the Board of Directors of SNS Network Technology Berhad approved a first interim single-tier dividend of 0.25 sen per ordinary
share amounting to MYR 4,189,395 in respect of financial year ending 31 January 2026, which to be payable on 28 August 2025. New Risk • Jun 26
New major risk - Revenue and earnings growth Earnings have declined by 0.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Jun 03
Full year 2025 earnings released: EPS: RM0.019 (vs RM0.02 in FY 2024) Full year 2025 results: EPS: RM0.019 (down from RM0.02 in FY 2024). Revenue: RM1.02b (down 20% from FY 2024). Net income: RM30.3m (down 5.2% from FY 2024). Profit margin: 3.0% (up from 2.5% in FY 2024). The increase in margin was driven by lower expenses. Announcement • May 29
SNS Network Technology Berhad, Annual General Meeting, Jul 10, 2025 SNS Network Technology Berhad, Annual General Meeting, Jul 10, 2025, at 10:30 Singapore Standard Time. Location: kinta ballroom, hotel travelodge ipoh, jalan raja dihilir, 30350 ipoh, perak darul ridzuan, Malaysia New Risk • Apr 07
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Declared Dividend • Mar 28
Fourth quarter dividend of RM0.0013 announced Shareholders will receive a dividend of RM0.0013. Ex-date: 2nd May 2025 Payment date: 26th May 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has 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 22% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is similar to the EPS decline seen over the last 5 years. Reported Earnings • Dec 11
Third quarter 2025 earnings released: EPS: RM0.006 (vs RM0.001 in 3Q 2024) Third quarter 2025 results: EPS: RM0.006 (up from RM0.001 in 3Q 2024). Revenue: RM249.7m (down 5.2% from 3Q 2024). Net income: RM10.2m (up 405% from 3Q 2024). Profit margin: 4.1% (up from 0.8% in 3Q 2024). The increase in margin was driven by lower expenses. Announcement • Nov 29
SNS Network Technology Berhad Announces Single-Tier Third Interim Dividend for the Financial Year Ending 31 January 2025, Payable 30 December 2024 SNS Network Technology Berhad announced single-tier third interim dividend of 0.25 sen per ordinary share in respect of the financial year ending 31 January 2025. The dividend will be payable 30 December 2024 with Ex-Date of 13 December 2024 and Entitlement date of 16 December 2024. Declared Dividend • Sep 27
Dividend of RM0.0025 announced Dividend of RM0.0025 is the same as last year. Ex-date: 7th November 2024 Payment date: 26th November 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 22% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 47% to shift the payout ratio to a potentially unsustainable range, which is less than the 61% EPS decline seen over the last 5 years. Reported Earnings • Sep 26
Second quarter 2025 earnings released: EPS: RM0.004 (vs RM0.006 in 2Q 2024) Second quarter 2025 results: EPS: RM0.004 (down from RM0.006 in 2Q 2024). Revenue: RM303.7m (down 8.8% from 2Q 2024). Net income: RM6.35m (down 30% from 2Q 2024). Profit margin: 2.1% (down from 2.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Announcement • Sep 25
SNS Network Technology Berhad Declares Second Interim Single-Tier Dividend for Financial Year Ending 31 January 2025, Payable on 26 November 2024 SNS Network Technology Berhad declared a second interim single-tier dividend of 0.25 sen per ordinary share in respect of financial year ending 31 January 2025, payable on 26 November 2024. Ex date: 7 November 2024. Entitlement date is November 8, 2024. Buy Or Sell Opportunity • Jul 18
Now 21% undervalued Over the last 90 days, the stock has risen 160% to RM0.91. The fair value is estimated to be RM1.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last year. Earnings per share has declined by 63%. Announcement • Jul 10
SNS Network Technology Berhad Announces Resignation of Chan Eoi Leng as Joint Secretary SNS Network Technology Berhad announced resignation of Chan Eoi Leng as Joint Secretary, date of change is July 10, 2024. Declared Dividend • Jul 01
Dividend of RM0.0025 announced Dividend of RM0.0025 is the same as last year. Ex-date: 7th August 2024 Payment date: 28th August 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 44%. Cash payout ratio: 20%. Reported Earnings • Jun 30
First quarter 2025 earnings released: EPS: RM0.002 (vs RM0.005 in 1Q 2024) First quarter 2025 results: EPS: RM0.002 (down from RM0.005 in 1Q 2024). Revenue: RM213.6m (down 26% from 1Q 2024). Net income: RM3.74m (down 53% from 1Q 2024). Profit margin: 1.8% (down from 2.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Buy Or Sell Opportunity • Jun 11
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 185% to RM0.76. The fair value is estimated to be RM0.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 139%. Announcement • May 31
SNS Network Technology Berhad, Annual General Meeting, Jul 12, 2024 SNS Network Technology Berhad, Annual General Meeting, Jul 12, 2024, at 10:00 Singapore Standard Time. Location: 12th floor, menara symphony, no. 5, jalan prof. khoo kay kim, seksyen 13, 46200 petaling jaya, selangor darul ehsan, Malaysia New Risk • Apr 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 7.8% 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 Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: RM0.02 (vs RM0.05 in FY 2023) Full year 2024 results: EPS: RM0.02 (down from RM0.05 in FY 2023). Revenue: RM1.28b (down 9.1% from FY 2023). Net income: RM32.0m (down 27% from FY 2023). Profit margin: 2.5% (down from 3.1% in FY 2023). The decrease in margin was driven by lower revenue. Reported Earnings • Dec 14
Third quarter 2024 earnings released: EPS: RM0.001 (vs RM0.01 in 3Q 2023) Third quarter 2024 results: EPS: RM0.001 (down from RM0.01 in 3Q 2023). Revenue: RM263.3m (down 48% from 3Q 2023). Net income: RM2.02m (down 88% from 3Q 2023). Profit margin: 0.8% (down from 3.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Reported Earnings • Sep 27
Second quarter 2024 earnings released Second quarter 2024 results: EPS: RM0.006. Net income: RM9.02m (up RM9.02m from 2Q 2023). Reported Earnings • Jun 28
First quarter 2024 earnings released First quarter 2024 results: EPS: RM0.005. Net income: RM7.89m (up RM7.89m from 1Q 2023). Announcement • May 30
SNS Network Technology Berhad, Annual General Meeting, Jul 27, 2023 SNS Network Technology Berhad, Annual General Meeting, Jul 27, 2023, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 January 2023, together with the Directors and Auditors Reports thereon; to approve the payment of Directors Fees of RM265,000 for the Directors in respect of the financial year ended 31 January 2023; to approve the payment of Directors Benefits payable to Non-Executive Directors up to an amount of RM40,000 from 2023 AGM until the next AGM of the Company; to re-elect director; To re-appoint Deloitte PLT as Auditors of the Company for the financial year ending 31 January 2024 and to authorize the Directors to fix their remuneration; and to transact other business. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: RM0.027 (vs RM5.89 in FY 2022) Full year 2023 results: EPS: RM0.027. Revenue: RM1.40b (up 26% from FY 2022). Net income: RM43.7m (up 22% from FY 2022). Profit margin: 3.1% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Dec 15
SNS Network Technology Berhad Announced the Single-Tier Interim Dividend for the Financial Year Ending 31 January 2023, Payable on 18 January 2023 SNS Network Technology Berhad announced the Single-Tier Interim Dividend of 0.25 sen per ordinary share in respect of the financial year ending 31 January 2023. Ex-Date is 30 December 2022. Payment Date is 18 January 2023. Entitlement date is 03 January 2023. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. MD & Director Yun Hung Ko is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Sep 28
SNS Network Technology Berhad Appoints Chong Kwai Yoong as Joint Secretary SNS Network Technology Berhad announced the appointment of Chong Kwai Yoong as Joint Secretary. Date Of Change is September 27, 2022. Working experience and occupation during past 5 years: She has been involved in corporate secretarial work for more than 10 years. Board Change • Sep 02
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. MD & Director Yun Hung Ko is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.