Public Packages Holdings Bhd

Public Packages Holdings Bhd maintains a strong liquidity position, with a current ratio of 8.58, indicating a significant buffer of current assets over current liabilities. The company's liquidity_fpt of 28.78 million MYR in cash and equivalents supports its operational flexibility and short-term obligations. The debt-to-equity ratio of 0.02 suggests a conservative capital structure, with minimal reliance on debt financing.

In terms of profitability, the company reported a net income of 10.69 million MYR and an operating income of 12.98 million MYR. The return on equity of 2.67% and return on assets of 2.46% indicate moderate returns relative to its equity and total assets, respectively. These metrics are in line with the industry's preferred focus on asset efficiency and profitability, though they suggest there is room for improvement in generating higher returns.

The company's revenue is concentrated in a single business segment, as disclosed in its financials, with no geographic diversification provided in the available data. This lack of segment and geographic detail limits the ability to assess exposure to regional or product-specific risks.

Looking ahead, the company's growth trajectory is not clearly defined in the available data. The analyst estimate for the last actual EPS was 0.01 MYR, which does not provide a strong indication of future earnings growth. The absence of detailed revenue history and forward-looking guidance makes it difficult to assess the company's potential for expansion or contraction in the near term.

The risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's low debt levels and strong cash reserves reduce the likelihood of liquidity stress. Additionally, the dilution risk is low, as there are no signs of imminent share issuance or dilutive events.

Recent events, including filings and transcripts, do not provide specific details on the company's strategic moves or operational changes. The lack of recent disclosures limits the ability to assess the company's response to market conditions or competitive pressures.

Debt-to-equity ratio of 0.02 is well below the 0.37 cohort median, reflecting a highly conservative capital structure.

Free cash flow grew 13.3% year-over-year to MYR 46.9 million, showing strong cash generation capabilities.

Net income CAGR of 15.2% over four years indicates consistent long-term earnings growth trajectory.

Operating income fell 4.8% year-over-year, suggesting pressure on core operational profitability despite margin strength.

Cash conversion ratio of 1.34 trails the 1.38 cohort median, indicating slightly weaker cash generation efficiency.

Revenue CAGR of just 0.4% over four years highlights a lack of significant long-term top-line expansion.

Revenue MYR 47.3M, −6,0% YoY; Operating income −20,1% YoY.

• ▍Revenue MYR 47.3M, −6,0% YoY
• ▍Operating income −20,1% YoY
• ▍Net income −25,3% YoY
• ▍Free cash flow −13,8% YoY
• ▍Net margin 16.9%

Revenue MYR 54.1M; Operating income MYR 11.2M.

• ▍Revenue MYR 54.1M
• ▍Operating income MYR 11.2M
• ▍Net margin 19.2%

Revenue MYR 54.0M; Operating income MYR 13.6M.

• ▍Revenue MYR 54.0M
• ▍Operating income MYR 13.6M
• ▍Net margin 19.9%

Revenue MYR 48.4M; Operating income MYR 11.2M.

• ▍Revenue MYR 48.4M
• ▍Operating income MYR 11.2M
• ▍Net margin 18.8%

Revenue MYR 50.3M; Operating income MYR 13.0M.

• ▍Revenue MYR 50.3M
• ▍Operating income MYR 13.0M
• ▍Net margin 21.3%

Revenue MYR 206.8M, −1,3% YoY; Operating income +1,3% YoY.

• ▍Revenue MYR 206.8M, −1,3% YoY
• ▍Operating income +1,3% YoY
• ▍Net income −15,5% YoY
• ▍Free cash flow −20,6% YoY
• ▍Net margin 19.8%

Revenue MYR 209.6M, −6,3% YoY; Operating income +3,9% YoY.

• ▍Revenue MYR 209.6M, −6,3% YoY
• ▍Operating income +3,9% YoY
• ▍Net income +26,0% YoY
• ▍Free cash flow +39,9% YoY
• ▍Net margin 23.1%

Revenue MYR 223.7M, +13,7% YoY; Operating income +53,0% YoY.

• ▍Revenue MYR 223.7M, +13,7% YoY
• ▍Operating income +53,0% YoY
• ▍Net income +62,6% YoY
• ▍Free cash flow +46,7% YoY
• ▍Net margin 17.2%

Revenue MYR 196.8M; Operating income MYR 30.3M.

• ▍Revenue MYR 196.8M
• ▍Operating income MYR 30.3M
• ▍Net margin 12.0%