Subur Tiasa Holdings Bhd

Subur Tiasa Holdings Bhd has a debt-to-equity ratio of 1.0, indicating a balanced capital structure where total liabilities and equity are equal. However, the company's current ratio of 0.27 suggests a liquidity challenge, as current assets are significantly lower than current liabilities. The company reported negative net income of MYR -7,176,000 and a return on equity of -1.12%, indicating poor profitability and a decline in shareholder value.

The company's return on assets of -0.48% further highlights underperformance in asset utilization, falling well below the industry median for Fishing & Farming. The operating margin, calculated as operating income of MYR 610,000 divided by revenue of MYR 103,341,000, is approximately 0.59%, which is likely below the industry average.

Subur Tiasa Holdings Bhd's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic or regulatory risks.

The company's revenue growth trajectory is uncertain, with no clear indication of expansion in the current or next fiscal year. Capital expenditures of MYR -8,457,000 suggest a reduction in investment in long-term assets, which may impact future growth potential.

The risk assessment indicates a medium liquidity risk, primarily due to the company's negative net cash position after subtracting total debt. The dilution risk is low, with no significant changes in shares outstanding between basic and diluted shares.

Recent financial filings show a decline in profitability, with a net loss reported for the latest period. Analyst estimates indicate a revenue of MYR 679,853,000 for the most recent quarter, which is lower than the full-year revenue of MYR 103,341,000.

Subur Tiasa Holdings generated MYR 24.1 million in free cash flow during fiscal year 2010, demonstrating positive cash generation capabilities.

The company reduced its long-term debt to MYR 520.5 million in 2010, down from MYR 637.1 million in 2006, indicating deleveraging efforts.

Net income increased by 7.2% year-over-year to MYR 3.2 million in 2010, showing a slight improvement in profitability.

Gross profit rose to MYR 118.2 million in 2010, up from MYR 96.3 million in 2009, suggesting improved cost of goods management.

Dilution risk is assessed as low, providing some stability for existing shareholders regarding equity structure changes.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or servicing existing debt.

Net margin of -6.9% places Subur Tiasa in the bottom quartile of the Fishing & Farming cohort, indicating poor profitability.

Debt-to-equity ratio of 1.0 is significantly higher than the cohort median of 0.35, reflecting elevated financial leverage.

Revenue MYR 100.3M; Operating income MYR 9.0M.

• ▍Revenue MYR 100.3M
• ▍Operating income MYR 9.0M
• ▍Net margin 1.0%

Revenue MYR 103.3M; Operating income MYR 610.0k.

• ▍Revenue MYR 103.3M
• ▍Operating income MYR 610.0k
• ▍Net margin -6.9%

Revenue MYR 343.9M, −20,0% YoY; Operating income −9,5% YoY.

• ▍Revenue MYR 343.9M, −20,0% YoY
• ▍Operating income −9,5% YoY
• ▍Net income +7,2% YoY
• ▍Free cash flow −56,5% YoY
• ▍Net margin 0.9%

Revenue MYR 429.9M, −7,5% YoY; Operating income +101,5% YoY.

• ▍Revenue MYR 429.9M, −7,5% YoY
• ▍Operating income +101,5% YoY
• ▍Net income +119,3% YoY
• ▍Free cash flow +485,6% YoY
• ▍Net margin 0.7%

Revenue MYR 464.8M, −20,5% YoY; Operating income −75,2% YoY.

• ▍Revenue MYR 464.8M, −20,5% YoY
• ▍Operating income −75,2% YoY
• ▍Net income −133,9% YoY
• ▍Free cash flow −170,8% YoY
• ▍Net margin -3.4%

Revenue MYR 585.0M, −3,6% YoY; Operating income −34,0% YoY.

• ▍Revenue MYR 585.0M, −3,6% YoY
• ▍Operating income −34,0% YoY
• ▍Net income −36,2% YoY
• ▍Net margin 7.9%

Revenue MYR 606.6M; Operating income MYR 134.9M.

• ▍Revenue MYR 606.6M
• ▍Operating income MYR 134.9M
• ▍Net margin 12.0%