Income Statement Hextar Industries

Equities

0161

MYQ0161OO008

Agricultural Chemicals

Market Closed - BURSA MALAYSIA Other stock markets 04:50:01 2025-07-18 am EDT			5-day change	1st Jan Change
0.3600 ^MYR	0.00%		0.00%	-19.10%

May. 22	Hextar Industries Berhad Reports Earnings Results for the First Quarter Ended March 31, 2025	CI
May. 22	Hextar Industries Berhad Announces Resignation of Tan Lay Khoon as Company Secretary, Date of Change Is 22 May 2025	CI

50b5a82440bdf20d0651b144ad.OZn4GoESnJgbT021s-rh_oLfiUtVV9FYoZcXnWgkJr8.fPetb7gh1ct6LTT26pLYq_G9-yMmGZU-8sJm7gEQaulfq4hF00bu4U4-eQ

Published financial data: HEXTAR INDUSTRIES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	121M	123M	964M	937M	966M
Total Revenues	121M	123M	964M	937M	966M
Cost of Goods Sold, Total	105M	103M	798M	781M	829M
Gross Profit	15.81M	19.95M	166M	156M	137M
Selling General & Admin Expenses, Total	19.99M	19.04M	61.44M	73.45M	84.59M
Provision for Bad Debts	1.93M	103K	4.12M	-756K	2.89M
Other Operating Expenses	-10.97M	-2.06M	-86.25K	11.04M	-4.12M
Other Operating Expenses, Total	10.95M	17.09M	65.48M	83.73M	83.37M
Operating Income	4.86M	2.86M	100M	72.45M	53.44M
Interest Expense, Total	-3.38M	-2.6M	-14.54M	-16.18M	-15.72M
Interest And Investment Income	397K	277K	873K	911K	1.62M
Net Interest Expenses	-2.98M	-2.32M	-13.67M	-15.26M	-14.1M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	1.88M	537K	86.71M	57.18M	39.34M
Impairment of Goodwill	-9.54M	-	-	-	-
Gain (Loss) On Sale Of Assets	45.65K	-	-	-	-
Insurance Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	-7.62M	537K	86.71M	57.18M	39.34M
Income Tax Expense	271K	-1.38M	13.18M	15.1M	11.07M
Earnings From Continuing Operations	-7.89M	1.92M	73.53M	42.08M	28.27M
Net Income to Company	-7.89M	1.92M	73.53M	42.08M	28.27M
Minority Interest	-104K	-274K	33K	-172K	-755K
Net Income - (IS)	-8M	1.64M	73.56M	41.91M	27.52M
Net Income to Common Incl Extra Items	-8M	1.64M	73.56M	41.91M	27.52M
Net Income to Common Excl. Extra Items	-8M	1.64M	73.56M	41.91M	27.52M
Per Share Items
Net EPS - Basic	-0.04	0.01	0.03	0.02	0.01
Basic EPS - Continuing Operations	-0.04	0.01	0.03	0.02	0.01
Basic Weighted Average Shares Outstanding	185M	240M	2.45B	2.75B	2.75B
Net EPS - Diluted	-0.04	0.01	0.03	0.02	0.01
Diluted EPS - Continuing Operations	-0.04	0.01	0.03	0.02	0.01
Diluted Weighted Average Shares Outstanding	185M	240M	2.45B	2.75B	2.75B
Normalized Basic EPS	0.01	0	0.02	0.01	0.01
Normalized Diluted EPS	0.01	0	0.02	0.01	0.01
Dividend Per Share	-	-	0.01	0.02	-
Payout Ratio	-	-	-	131.12	99.84
Supplemental Items
EBITDA	9.82M	6.07M	107M	79.32M	61.44M
EBITA	4.86M	2.86M	100M	72.46M	53.49M
EBIT	4.86M	2.86M	100M	72.45M	53.44M
EBITDAR	11.25M	7.94M	150M	84.63M	69.59M
Effective Tax Rate - (Ratio)	-3.56	-256.67	15.2	26.41	28.13
Current Domestic Taxes	304K	-863K	10.62M	12.26M	11.03M
Total Current Taxes	304K	-863K	10.62M	12.26M	11.03M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-32.86K	-515K	2M	2.83M	15K
Normalized Net Income	1.07M	61.48K	54.23M	35.57M	23.83M
Interest on Long-Term Debt	66.66K	101K	3.79M	3.13M	2.53M
Supplemental Operating Expense Items
Selling and Marketing Expenses	8.68M	7.27M	28.72M	34.98M	37.61M
General and Administrative Expenses	11.31M	11.77M	32.72M	38.47M	46.98M
Net Rental Expense, Total	1.43M	1.87M	7.91M	5.31M	8.15M
Imputed Operating Lease Interest Expense	658K	648K	-	2.22M	3.72M
Imputed Operating Lease Depreciation	772K	1.22M	-	3.09M	4.43M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	7.47M	9.85M	76.09M	108M	132M
Short Term Investments	9.8M	6.91M	3.23M	15.26M	5.1M
Total Cash And Short Term Investments	17.27M	16.75M	79.32M	123M	137M
Accounts Receivable, Total	48.58M	40.93M	254M	210M	227M
Other Receivables	12M	3.18M	11.53M	12.06M	25.54M
Total Receivables	60.59M	44.11M	266M	222M	252M
Inventory	19.67M	29.64M	280M	187M	193M
Prepaid Expenses	693K	3.78M	7.34M	2.48M	2.86M
Other Current Assets, Total	689K	20K	669K	462K	808K
Total Current Assets	98.92M	94.31M	633M	535M	586M
Gross Property Plant And Equipment	93.38M	95.51M	339M	332M	332M
Accumulated Depreciation	-33.36M	-38.1M	-107M	-126M	-118M
Net Property Plant And Equipment	60.01M	57.41M	232M	206M	215M
Goodwill	19.21M	19.28M	14.43M	7.94M	7.94M
Other Intangibles, Total	-	-	-	430K	2.62M
Accounts Receivable Long-Term	11.25K	-	925K	393K	532K
Other Long-Term Assets, Total	275K	50K	-	-	-
Total Assets	178M	171M	881M	750M	811M
Liabilities
Accounts Payable, Total	27.17M	14.04M	105M	64.59M	105M
Accrued Expenses, Total	2.36M	2.75M	22.29M	20.49M	20.56M
Short-term Borrowings	3.62M	13.15M	216M	168M	182M
Current Portion of Long-Term Debt	36.86M	4.69M	7.32M	7.86M	7.91M
Current Portion of Leases	472K	399K	7.12M	5.47M	7.42M
Current Income Taxes Payable	29.16K	1.94K	10.3M	10.94M	7.81M
Unearned Revenue Current, Total	788K	259K	397K	1.4M	2.39M
Other Current Liabilities	867K	1.94M	20.18M	17.03M	20.11M
Total Current Liabilities	72.16M	37.24M	388M	295M	353M
Long-Term Debt	15.95M	41.95M	47.79M	40.88M	33.13M
Long-Term Leases	1.54M	1.42M	71.25M	48.22M	50.36M
Deferred Tax Liability Non Current	7.06M	6.54M	22.67M	25.71M	27.83M
Other Non Current Liabilities	-	-	-	-	49K
Total Liabilities	96.71M	87.15M	530M	410M	464M
Common Stock, Total	75.92M	76.16M	671M	671M	671M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	25.93M	27.57M	202M	190M	191M
Comprehensive Income and Other	-23.87M	-23.86M	-523M	-524M	-518M
Total Common Equity	77.98M	79.87M	351M	338M	344M
Minority Interest	3.75M	4.02M	-	2.03M	2.78M
Total Equity	81.73M	83.89M	351M	340M	347M
Total Liabilities And Equity	178M	171M	881M	750M	811M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	185M	1.15B	2.75B	2.75B	2.75B
ECS Total Common Shares Outstanding	185M	186M	2.75B	2.75B	2.75B
Book Value / Share	0.42	0.43	0.13	0.12	0.13
Tangible Book Value	58.77M	60.59M	336M	329M	334M
Tangible Book Value Per Share	0.32	0.33	0.12	0.12	0.12
Total Debt	58.44M	61.61M	349M	270M	281M
Net Debt	41.16M	44.86M	270M	147M	144M
Debt Equivalent Oper. Leases	11.44M	14.95M	-	42.5M	65.19M
Minority Interest, Total (Incl. Fin. Div)	3.75M	4.02M	-	2.03M	2.78M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	3.54M	14.42M	174M	113M	110M
Inventories - Work In Process, Total	2.51K	2.4K	2K	-	-
Inventories - Finished Goods, Total	16.13M	15.21M	106M	73.55M	82.63M
Land - (BS)	38.91M	1.59M	1.82M	2.61M	790K
Machinery, Total	52.66M	51.82M	114M	127M	134M
Full Time Employees	188	168	319	413	597
Accumulated Allowance for Doubtful Accounts (Supple)	3.33M	1.87M	7.8M	5.12M	3.5M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-8M	1.64M	73.56M	41.91M	27.52M
Depreciation & Amortization - CF	4.96M	4.84M	15.52M	17.37M	17.12M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	9K	48K
Depreciation & Amortization, Total	4.96M	4.84M	15.52M	17.38M	17.17M
(Gain) Loss From Sale Of Asset	-45.65K	-1.43M	-1.91M	-642K	-543K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	356K	3.14M
Asset Writedown & Restructuring Costs	10.01M	-	4.83M	14.79M	13K
Provision and Write-off of Bad Debts	2.18M	107K	4.13M	-929K	-236K
Other Operating Activities, Total	3.73M	-395K	26M	10.41M	4.44M
Change In Accounts Receivable	-8.81M	9.19M	2.05M	62.09M	-16.99M
Change In Inventories	3.82M	-10.49M	-131M	92.9M	-6.38M
Change In Accounts Payable	7.14M	-14.71M	43.74M	-46.87M	39.3M
Change in Unearned Revenues	133K	-529K	104K	362K	991K
Change in Other Net Operating Assets	-8.2M	-2.44M	-14.99M	-5.44M	-11.78M
Cash from Operations	6.92M	-14.21M	21.87M	186M	56.65M
Capital Expenditure	-3.29M	-1.38M	-6.65M	-7.14M	-8.73M
Sale of Property, Plant, and Equipment	329K	2.39M	39.73M	1.34M	2.47M
Cash Acquisitions	-	-92.64K	-60.84M	-13.22M	-
Divestitures	-	-	-	-	69K
Sale (Purchase) of Intangible assets	-	-	-	-	-2.24M
Investment in Marketable and Equity Securities, Total	-	-	-	-12.49M	9.47M
Other Investing Activities, Total	-	10.22M	27.32M	23K	-
Cash from Investing	-2.96M	11.13M	-438K	-31.49M	1.04M
Short Term Debt Issued, Total	1.89M	10.28M	800K	14.2M	38.37M
Long-Term Debt Issued, Total	-	-	20M	-	-
Total Debt Issued	1.89M	10.28M	15.6M	14.2M	38.37M
Short Term Debt Repaid, Total	-	-740K	-31.53M	-62.83M	-22.5M
Long-Term Debt Repaid, Total	-5.29M	-7.31M	-68.09M	-13.51M	-13.63M
Total Debt Repaid	-5.29M	-8.05M	-74.71M	-76.34M	-36.13M
Issuance of Common Stock	-	241K	86.46M	-	-
Common Dividends Paid	-	-	-	-54.95M	-27.47M
Common & Preferred Stock Dividends Paid	-	-	-	-54.95M	-27.47M
Other Financing Activities, Total	3.49M	-	-6.65M	-3.85M	-7.2M
Cash from Financing	78.66K	2.46M	20.7M	-121M	-32.43M
Foreign Exchange Rate Adjustments	-2.7K	8.52K	-	-	-
Net Change in Cash	4.04M	-609K	42.13M	33.87M	25.26M
Supplemental Items
Cash Interest Paid	2.06M	2.24M	14.54M	16.18M	15.72M
Cash Income Tax Paid (Refund)	595K	-370K	6.01M	10.92M	13.98M
Levered Free Cash Flow	3.88M	-4.5M	-	144M	33.54M
Unlevered Free Cash Flow	5.99M	-2.88M	-	155M	43.37M
Change In Net Working Capital	-1.29M	8.13M	-	-99.08M	-3.77M
Net Debt Issued / Repaid	-3.41M	2.22M	-59.11M	-62.14M	2.24M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.7	1.02	-	5.55	4.28
Return on Total Capital	2.1	1.25	-	6.91	5.4
Return On Equity %	-9.21	2.31	-	12.19	8.23
Return on Common Equity	-9.75	2.08	-	12.18	8.07
Margin Analysis
Gross Profit Margin %	13.04	16.21	17.2	16.67	14.17
SG&A Margin	16.48	15.48	6.37	7.84	8.76
EBITDA Margin %	8.1	4.93	11.08	8.47	6.36
EBITA Margin %	4.01	2.33	10.41	7.73	5.54
EBIT Margin %	4.01	2.33	10.41	7.73	5.54
Income From Continuing Operations Margin %	-6.51	1.56	7.63	4.49	2.93
Net Income Margin %	-6.59	1.33	7.63	4.47	2.85
Net Avail. For Common Margin %	-6.59	1.33	7.63	4.47	2.85
Normalized Net Income Margin	0.88	0.05	5.62	3.8	2.47
Levered Free Cash Flow Margin	3.2	-3.66	-	15.42	3.47
Unlevered Free Cash Flow Margin	4.94	-2.34	-	16.5	4.49
Asset Turnover
Asset Turnover	0.68	0.7	-	1.15	1.24
Fixed Assets Turnover	1.99	2.1	-	4.28	4.59
Receivables Turnover (Average Receivables)	2.7	2.75	-	4.04	4.42
Inventory Turnover (Average Inventory)	4.61	4.18	-	3.34	4.37
Short Term Liquidity
Current Ratio	1.37	2.53	1.63	1.81	1.66
Quick Ratio	1.08	1.63	0.89	1.17	1.1
Operating Cash Flow to Current Liabilities	0.1	-0.38	0.06	0.63	0.16
Days Sales Outstanding (Average Receivables)	135.61	132.77	-	90.4	82.77
Days Outstanding Inventory (Average Inventory)	79.43	87.29	-	109.18	83.84
Average Days Payable Outstanding	87.22	66.52	-	44.96	37.11
Cash Conversion Cycle (Average Days)	127.83	153.55	-	154.62	129.51
Long Term Solvency
Total Debt/Equity	71.5	73.44	99.66	79.5	80.88
Total Debt / Total Capital	41.69	42.34	49.92	44.29	44.72
LT Debt/Equity	21.4	51.7	33.95	26.23	24.05
Long-Term Debt / Total Capital	12.48	29.81	17	14.61	13.3
Total Liabilities / Total Assets	54.2	50.95	60.18	54.7	57.21
EBIT / Interest Expense	1.44	1.1	6.9	4.48	3.4
EBITDA / Interest Expense	2.91	2.96	7.97	5.55	4.49
(EBITDA - Capex) / Interest Expense	1.93	2.43	7.51	5.11	3.94
Total Debt / EBITDA	5.95	8	3.02	3.01	3.98
Net Debt / EBITDA	4.19	5.83	2.33	1.64	2.04
Total Debt / (EBITDA - Capex)	8.95	9.75	3.2	3.27	4.54
Net Debt / (EBITDA - Capex)	6.3	7.1	2.47	1.78	2.33
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.76	1.45	-	-2.83	3.04
Gross Profit, 1 Yr. Growth %	-22.35	8.65	-	-5.83	-12.4
EBITDA, 1 Yr. Growth %	22.9	-531.57	-	-25.78	-23.35
EBITA, 1 Yr. Growth %	50.23	-161.69	-	-27.82	-26.17
EBIT, 1 Yr. Growth %	50.23	-161.69	-	-27.83	-26.23
Earnings From Cont. Operations, 1 Yr. Growth %	-242.94	-124.28	-	-42.78	-32.81
Net Income, 1 Yr. Growth %	-238.83	-120.53	-	-43.03	-34.33
Normalized Net Income, 1 Yr. Growth %	-1.58K	-101.26	-	-34.41	-32.99
Diluted EPS Before Extra, 1 Yr. Growth %	-250.01	-120.36	-	-49.27	-34.33
Accounts Receivable, 1 Yr. Growth %	17.65	-15.75	-	-17.46	8.11
Inventory, 1 Yr. Growth %	-24.66	50.66	-	-33.38	3.27
Net Property, Plant and Equip., 1 Yr. Growth %	-2.61	-4.35	-	-10.98	3.94
Total Assets, 1 Yr. Growth %	-0.08	-4.14	-	-14.85	8.2
Tangible Book Value, 1 Yr. Growth %	2.7	3.11	-	-2.08	1.37
Common Equity, 1 Yr. Growth %	-9.3	2.42	-	-3.72	1.99
Cash From Operations, 1 Yr. Growth %	42.43	-305.37	-	751.85	-70.69
Capital Expenditures, 1 Yr. Growth %	15.83	-58.16	-	7.28	22.39
Levered Free Cash Flow, 1 Yr. Growth %	-19.08	119.23	-	-	-76.79
Unlevered Free Cash Flow, 1 Yr. Growth %	-18.18	-5.13K	-	-	-71.95
Dividend Per Share, 1 Yr. Growth %	-	-	-	166.67	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	90.99	2.6	-	-	0.06
Gross Profit, 2 Yr. CAGR %	15.97	-1.01	-	-	-9.18
EBITDA, 2 Yr. CAGR %	15.95	-12.86	-	-	-24.17
EBITA, 2 Yr. CAGR %	-23.88	-5.94	-	-	-27
EBIT, 2 Yr. CAGR %	-23.88	-5.94	-	-	-27.03
Earnings From Cont. Operations, 2 Yr. CAGR %	-5.7	-41.09	-	-	-37.99
Net Income, 2 Yr. CAGR %	-5.09	-46.61	-	-	-38.84
Normalized Net Income, 2 Yr. CAGR %	-55.55	-7.78	-	-	-33.71
Diluted EPS Before Extra, 2 Yr. CAGR %	-17.41	-51.41	-	-	-42.28
Accounts Receivable, 2 Yr. CAGR %	30.82	-0.44	-	-	-5.54
Inventory, 2 Yr. CAGR %	-22.3	6.54	-	-	-17.05
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.99	-3.48	-	-	-3.81
Total Assets, 2 Yr. CAGR %	0.31	-2.14	-	-	-4.01
Tangible Book Value, 2 Yr. CAGR %	8.02	2.91	-	-	-0.37
Common Equity, 2 Yr. CAGR %	-0.72	-3.62	-	-	-0.91
Cash From Operations, 2 Yr. CAGR %	13.94	71.03	-	-	60.95
Capital Expenditures, 2 Yr. CAGR %	39.94	-30.38	-	-	14.59
Levered Free Cash Flow, 2 Yr. CAGR %	-49.73	-3.1	-	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.67	-37.32	-	-	-
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	40.02	54.68	-	-	-
Gross Profit, 3 Yr. CAGR %	5.17	19.28	-	-	-
EBITDA, 3 Yr. CAGR %	38.31	-6	-	-	-
EBITA, 3 Yr. CAGR %	17.3	-30.12	-	-	-
EBIT, 3 Yr. CAGR %	17.3	-30.12	-	-	-
Earnings From Cont. Operations, 3 Yr. CAGR %	63	-40.01	-	-	-
Net Income, 3 Yr. CAGR %	63.71	-43.02	-	-	-
Normalized Net Income, 3 Yr. CAGR %	-12.89	-77.52	-	-	-
Diluted EPS Before Extra, 3 Yr. CAGR %	65.1	-52.47	-	-	-
Accounts Receivable, 3 Yr. CAGR %	33.38	12.97	-	-	-
Inventory, 3 Yr. CAGR %	-4	-3.11	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	35.87	-4.11	-	-	-
Total Assets, 3 Yr. CAGR %	28.31	-1.2	-	-	-
Tangible Book Value, 3 Yr. CAGR %	-3.04	6.36	-	-	-
Common Equity, 3 Yr. CAGR %	6.55	0.31	-	-	-
Cash From Operations, 3 Yr. CAGR %	55.9	38.67	-	-	-
Capital Expenditures, 3 Yr. CAGR %	58.04	-6.42	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	3.96	-33.56	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	23.57	-42.25	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.25	27.15	-	-	-
Gross Profit, 5 Yr. CAGR %	-7.08	7.51	-	-	-
EBITDA, 5 Yr. CAGR %	-1.43	22.48	-	-	-
EBITA, 5 Yr. CAGR %	-11.93	19.51	-	-	-
EBIT, 5 Yr. CAGR %	-11.93	19.51	-	-	-
Earnings From Cont. Operations, 5 Yr. CAGR %	4.08	3.25	-	-	-
Net Income, 5 Yr. CAGR %	4.36	0.11	-	-	-
Normalized Net Income, 5 Yr. CAGR %	-28.54	-43.25	-	-	-
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.68	-10.57	-	-	-
Accounts Receivable, 5 Yr. CAGR %	22.03	25.51	-	-	-
Inventory, 5 Yr. CAGR %	-5.44	1.7	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	27.05	21.76	-	-	-
Total Assets, 5 Yr. CAGR %	17.78	17.61	-	-	-
Tangible Book Value, 5 Yr. CAGR %	-1.83	-0.64	-	-	-
Common Equity, 5 Yr. CAGR %	3.88	5	-	-	-
Cash From Operations, 5 Yr. CAGR %	-11.17	32.14	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-8.54	-22.92	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	0.54	42.53	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	7.08	38.5	-	-	-