Financials ACE Innovate Asia

Equities

GOINNO

MYL03028O007

Apparel & Accessories

End-of-day quote BURSA MALAYSIA 06:00:00 2023-11-09 pm EST 5-day change 1st Jan Change
0.15 MYR -25.00% Intraday chart for ACE Innovate Asia -.--% -.--%

Valuation

Fiscal Period: December 2020 2021 2022
Capitalization 1 108 105 105
Enterprise Value (EV) 1 108.6 100.4 106
P/E ratio 26.6 x 700 x 774 x
Yield - 2.83% -
Capitalization / Revenue 0.08 x 0.07 x 0.08 x
EV / Revenue 0.08 x 0.06 x 0.09 x
EV / EBITDA 19 x 101 x 185 x
EV / FCF -12,203,023 x 12,485,206 x -17,356,211 x
FCF Yield -0% 0% -0%
Price to Book 3.96 x 4.3 x 4.28 x
Nbr of stocks (in thousands) 300,033 300,033 300,033
Reference price 2 0.3600 0.3500 0.3500
Announcement Date 5/11/21 4/28/22 4/28/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 565.5 1,089 968.4 1,329 1,587 1,244
EBITDA 1 8.266 8.339 3.054 5.72 0.9978 0.5724
EBIT 1 7.998 7.909 2.784 5.443 0.7256 0.2083
Operating Margin 1.41% 0.73% 0.29% 0.41% 0.05% 0.02%
Earnings before Tax (EBT) 1 6.052 6.192 2.84 5.396 0.8029 0.3663
Net income 1 4.301 4.754 1.797 4.053 0.1527 0.1357
Net margin 0.76% 0.44% 0.19% 0.31% 0.01% 0.01%
EPS 2 0.0143 0.0158 0.006859 0.0135 0.000500 0.000452
Free Cash Flow - 3.707 -0.3412 -8.903 8.038 -6.109
FCF margin - 0.34% -0.04% -0.67% 0.51% -0.49%
FCF Conversion (EBITDA) - 44.45% - - 805.57% -
FCF Conversion (Net income) - 77.97% - - 5,262.35% -
Dividend per Share - - - - 0.009900 -
Announcement Date 7/1/19 7/1/19 6/9/20 5/11/21 4/28/22 4/28/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - 0.63 - 1.01
Net Cash position 1 0.04 2.25 7.65 - 4.66 -
Leverage (Debt/EBITDA) - - - 0.1096 x - 1.767 x
Free Cash Flow - 3.71 -0.34 -8.9 8.04 -6.11
ROE (net income / shareholders' equity) - 43.7% 9.86% 16.1% 0.59% 0.49%
ROA (Net income/ Total Assets) - 14.5% 5.84% 10.3% 1.01% 0.23%
Assets 1 - 32.81 30.74 39.2 15.16 58.89
Book Value Per Share 2 0.0300 0.0500 0.0800 0.0900 0.0800 0.0800
Cash Flow per Share 2 0 0.0100 0.0400 0.0100 0.0600 0.0300
Capex 1 0.42 1.01 0.62 0.13 0.13 0.49
Capex / Sales 0.07% 0.09% 0.06% 0.01% 0.01% 0.04%
Announcement Date 7/1/19 7/1/19 6/9/20 5/11/21 4/28/22 4/28/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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