Ornapaper Bhd

Ornapaper Bhd has a total equity of MYR 202.64 million and a total liabilities of MYR 150.83 million, resulting in a debt-to-equity ratio of 0.49, which is below the industry median. The company's liquidity is assessed as medium, with a current ratio of 1.99, indicating a moderate ability to meet short-term obligations. The company's free cash flow is negative at MYR -1.50 million, suggesting that it is not generating sufficient cash from operations to cover its capital expenditures. In terms of profitability, Ornapaper Bhd has a return on equity (ROE) of 1.47% and a return on assets (ROA) of 0.84%, which are below the industry median for the Paper Packaging sector. The company's net income is MYR 2.98 million, with an operating income of MYR 6.38 million, indicating that it is generating a modest profit margin. The company's gross profit is MYR 35.45 million, which is a significant portion of its revenue of MYR 299.08 million, suggesting that it has a relatively high gross margin. Ornapaper Bhd operates through four segments: Corrugated Board & Carton, Paper Stationery Product, Property Development, and Corporate & Others. The company's revenue is primarily concentrated in the Corrugated Board & Carton segment, which is its core business. The company's geographic exposure is primarily within Malaysia, with no significant international operations disclosed. The company's growth trajectory is modest, with a net income of MYR 2.98 million and an operating income of MYR 6.38 million. The company's revenue of MYR 299.08 million is a key indicator of its market position, but the lack of detailed outlook data makes it difficult to assess future growth potential. The company's capital expenditures of MYR -19.46 million indicate that it is investing in its operations, but the negative free cash flow suggests that these investments are not yet generating positive returns. The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of net cash being negative after subtracting total debt suggests that the company may face challenges in maintaining its liquidity position. The company's capital structure, with a debt-to-equity ratio of 0.49, is relatively conservative, but the negative free cash flow and the need for capital expenditures may increase its reliance on external financing. Recent events and filings do not provide specific details on the company's recent performance or strategic initiatives. The company's last actual EPS was 0.03 MYR, which is a modest earnings figure. The lack of detailed information on recent events or strategic changes makes it challenging to assess the company's current direction and potential for future growth.