Cash flow Jaya Tiasa Holdings

Equities

JTIASA

MYL4383OO005

Forest & Wood Products

End-of-day quote BURSA MALAYSIA Other stock markets 2024-09-06			5-day change	1st Jan Change
1.030 ^MYR	-0.96%		-7.21%	+13.19%

Aug. 30	Jaya Tiasa Holdings Berhad Reports Impairment Charges for the Fourth Quarter Ended June 30, 2024	CI
Aug. 30	Jaya Tiasa Holdings Berhad Reports Earnings Results for the Full Year Ended June 30, 2024	CI

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Published financial data: JAYA TIASA HOLDINGS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2019	2020	2021	2022	2023
Revenues	638M	702M	723M	811M	855M
Total Revenues	638M	702M	723M	811M	855M
Cost of Goods Sold, Total	712M	627M	529M	536M	605M
Gross Profit	-74.14M	75.08M	194M	275M	250M
Selling General & Admin Expenses, Total	63.18M	53.84M	49.73M	55.1M	61.3M
Other Operating Expenses, Total	63.18M	53.84M	49.73M	55.1M	61.3M
Operating Income	-137M	21.23M	144M	220M	188M
Interest Expense, Total	-53.74M	-51.39M	-31.85M	-29.35M	-24.5M
Interest And Investment Income	114K	62K	21K	1.63M	4.84M
Net Interest Expenses	-53.63M	-51.33M	-31.83M	-27.71M	-19.67M
Currency Exchange Gains (Loss)	-992K	429K	14K	155K	317K
Other Non Operating Income (Expenses)	-717K	-2.31M	-47.16M	-1.7M	-1.38M
EBT, Excl. Unusual Items	-193M	-31.98M	65.41M	190M	168M
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	1.65M	1.56M	3.34M	2.2M	1.58M
Asset Writedown	-	-99.14M	7.38M	7.93M	-2.39M
Other Unusual Items	-	-	-	-	41K
EBT, Incl. Unusual Items	-191M	-130M	76.13M	201M	167M
Income Tax Expense	74.25M	-57.62M	43.95M	66.14M	15M
Earnings From Continuing Operations	-265M	-71.95M	32.18M	134M	152M
Net Income to Company	-265M	-71.95M	32.18M	134M	152M
Minority Interest	-773K	-142K	65K	143K	-11K
Net Income - (IS)	-266M	-72.09M	32.25M	135M	152M
Net Income to Common Incl Extra Items	-266M	-72.09M	32.25M	135M	152M
Net Income to Common Excl. Extra Items	-266M	-72.09M	32.25M	135M	152M
Per Share Items
Net EPS - Basic	-0.27	-0.07	0.03	0.14	0.16
Basic EPS - Continuing Operations	-0.27	-0.07	0.03	0.14	0.16
Basic Weighted Average Shares Outstanding	968M	968M	968M	968M	968M
Net EPS - Diluted	-0.27	-0.07	0.03	0.14	0.16
Diluted EPS - Continuing Operations	-0.27	-0.07	0.03	0.14	0.16
Diluted Weighted Average Shares Outstanding	968M	968M	968M	968M	968M
Normalized Basic EPS	-0.13	-0.02	0.04	0.12	0.11
Normalized Diluted EPS	-0.13	-0.02	0.04	0.12	0.11
Dividend Per Share	-	-	-	0.03	0.03
Payout Ratio	-1.82	-	-	-	27.42
Supplemental Items
EBITDA	42.65M	192M	297M	367M	319M
EBITA	-137M	21.23M	144M	220M	188M
EBIT	-137M	21.23M	144M	220M	188M
EBITDAR	44.06M	194M	299M	369M	328M
Effective Tax Rate - (Ratio)	-38.87	44.47	57.73	32.98	8.99
Current Domestic Taxes	7.44M	8.19M	8.24M	11.36M	13.28M
Total Current Taxes	7.44M	8.19M	8.24M	11.36M	13.28M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	66.81M	-65.81M	35.71M	54.78M	1.71M
Normalized Net Income	-121M	-20.13M	40.95M	119M	105M
Interest Capitalized	3.52M	-	-	-	-
Interest on Long-Term Debt	960K	1.27M	768K	399K	356K
Supplemental Operating Expense Items
Selling and Marketing Expenses	25.29M	22.96M	19.63M	17.72M	22.46M
General and Administrative Expenses	37.89M	30.88M	30.1M	37.38M	38.83M
Net Rental Expense, Total	1.41M	1.8M	1.97M	1.84M	8.58M
Imputed Operating Lease Interest Expense	673K	842K	691K	703K	3.65M
Imputed Operating Lease Depreciation	739K	958K	1.28M	1.13M	4.93M

Fiscal Period: June	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	9.19M	13.28M	23.42M	247M	233M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	9.19M	13.28M	23.42M	247M	233M
Accounts Receivable, Total	21.21M	26.16M	32.74M	47.29M	23.9M
Other Receivables	32.12M	17.6M	14.76M	14.73M	18.5M
Total Receivables	53.33M	43.76M	47.49M	62.02M	42.4M
Inventory	102M	63.08M	36.7M	48.25M	46.74M
Prepaid Expenses	2.88M	1.57M	1.07M	2.19M	4.6M
Other Current Assets, Total	8.96M	11.36M	10.72M	18.6M	17.69M
Total Current Assets	176M	133M	119M	378M	344M
Gross Property Plant And Equipment	3.9B	3.89B	3.8B	3.8B	3.82B
Accumulated Depreciation	-1.69B	-1.95B	-2B	-2.14B	-2.26B
Net Property Plant And Equipment	2.2B	1.94B	1.8B	1.66B	1.56B
Long-term Investments	26.6M	38.5M	15.64M	11.82M	9.73M
Goodwill	0	-	-	-	-
Other Intangibles, Total	967K	794K	640K	495K	396K
Deferred Tax Assets Long-Term	-	19.11M	10.16M	18.45M	44.21M
Total Assets	2.41B	2.13B	1.94B	2.07B	1.95B
Liabilities
Accounts Payable, Total	153M	157M	67.36M	73.77M	49.85M
Accrued Expenses, Total	25.14M	9.32M	11.87M	7.36M	6.16M
Short-term Borrowings	206M	166M	119M	9.23M	-
Current Portion of Long-Term Debt	455M	398M	250M	47.92M	55.44M
Current Portion of Leases	11.01M	7.33M	4.83M	293K	871K
Current Income Taxes Payable	637K	1K	723K	982K	49K
Other Current Liabilities	23.67M	21.8M	11.51M	19.69M	23.22M
Total Current Liabilities	874M	760M	465M	159M	136M
Long-Term Debt	274M	222M	275M	511M	288M
Long-Term Leases	10.55M	9.27M	4.44M	4.31M	4.44M
Deferred Tax Liability Non Current	78.47M	31.76M	58.53M	122M	149M
Total Liabilities	1.24B	1.02B	803M	796M	577M
Common Stock, Total	977M	977M	977M	977M	977M
Retained Earnings	250M	178M	196M	330M	440M
Treasury Stock	-13.69M	-13.69M	-13.69M	-13.69M	-13.69M
Comprehensive Income and Other	-43.4M	-31.5M	-19.11M	-22.93M	-25.02M
Total Common Equity	1.17B	1.11B	1.14B	1.27B	1.38B
Minority Interest	-1.17M	-1.03M	-1.09M	-1.24M	-1.23M
Total Equity	1.17B	1.11B	1.14B	1.27B	1.38B
Total Liabilities And Equity	2.41B	2.13B	1.94B	2.07B	1.95B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	968M	968M	968M	968M	968M
ECS Total Common Shares Outstanding	968M	968M	968M	968M	968M
Book Value / Share	1.21	1.15	1.18	1.31	1.42
Tangible Book Value	1.17B	1.11B	1.14B	1.27B	1.38B
Tangible Book Value Per Share	1.21	1.15	1.18	1.31	1.42
Total Debt	956M	802M	653M	573M	348M
Net Debt	947M	789M	630M	326M	116M
Debt Equivalent Oper. Leases	11.3M	14.4M	15.79M	14.69M	68.62M
Minority Interest, Total (Incl. Fin. Div)	-1.17M	-1.03M	-1.09M	-1.24M	-1.23M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	18K	37K	21K	17K	21K
Inventories - Work In Process, Total	4.25M	2.67M	136K	157K	137K
Inventories - Finished Goods, Total	67.08M	33.1M	15.74M	20.15M	22.57M
Inventories - Others	30.3M	27.28M	20.8M	27.92M	24.02M
Land - (BS)	101M	108M	107M	117M	119M
Machinery, Total	1.24B	1.24B	1.15B	1.15B	1.15B
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	205K	-

Fiscal Period: June	2019	2020	2021	2022	2023
Net Income	-266M	-72.09M	32.25M	135M	152M
Depreciation & Amortization - CF	180M	176M	157M	152M	135M
Amortization of Goodwill and Intangible Assets - (CF)	3K	-	-	-	-
Depreciation & Amortization, Total	180M	176M	157M	152M	135M
Amortization of Deferred Charges, Total - (CF)	167K	156K	154K	149K	124K
(Gain) Loss From Sale Of Asset	496K	-1.36M	-2.61M	-2.13M	-1.35M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	9.56M	112M	-4.17M	351K	15.33M
Provision and Write-off of Bad Debts	1.43M	443K	-78K	-368K	112K
Other Operating Activities, Total	69.98M	-60.41M	46.93M	58.53M	-5.3M
Change In Accounts Receivable	7.81M	3.17M	-4.09M	-17.08M	25.25M
Change In Inventories	4.76M	38.57M	17.04M	-12.42M	642K
Change In Accounts Payable	58.26M	-13.2M	-96.54M	10.08M	-21.58M
Change in Other Net Operating Assets	837K	1.31M	507K	-1.12M	-2.41M
Cash from Operations	67.24M	185M	146M	323M	297M
Capital Expenditure	-54.06M	-23.21M	-13.8M	-21.05M	-48.95M
Sale of Property, Plant, and Equipment	8.04M	3.29M	5.64M	2.72M	4.57M
Sale (Purchase) of Intangible assets	-	-	-	-4K	-25K
Investment in Marketable and Equity Securities, Total	-	-	20.96M	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-46.02M	-19.92M	12.81M	-18.34M	-44.41M
Short Term Debt Issued, Total	41.68M	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	320M	-
Total Debt Issued	41.68M	-	-	320M	-
Short Term Debt Repaid, Total	-	-12.37M	-8.71M	-25.57M	-8.71M
Long-Term Debt Repaid, Total	-106M	-131M	-102M	-290M	-217M
Total Debt Repaid	-106M	-143M	-111M	-316M	-226M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-4.84M	-	-	-	-41.62M
Common & Preferred Stock Dividends Paid	-4.84M	-	-	-	-41.62M
Other Financing Activities, Total	-1.5M	-	-	-18.35M	-19.96M
Cash from Financing	-71.09M	-143M	-111M	-14.41M	-287M
Foreign Exchange Rate Adjustments	68K	196K	-82K	137K	184K
Net Change in Cash	-49.81M	21.51M	48.4M	290M	-34.14M
Supplemental Items
Cash Interest Paid	57.26M	51.39M	31.85M	29.35M	24.5M
Cash Income Tax Paid (Refund)	1.37M	3.04M	6.37M	8.21M	20.94M
Levered Free Cash Flow	87.85M	167M	141M	225M	185M
Unlevered Free Cash Flow	121M	199M	161M	244M	201M
Change In Net Working Capital	-81.19M	-33.2M	72.95M	24.73M	2.9M
Net Debt Issued / Repaid	-64.75M	-143M	-111M	3.94M	-226M

Fiscal Period: June	2019	2020	2021	2022	2023
Profitability
Return on Assets	-3.42	0.58	4.43	6.85	5.85
Return on Total Capital	-3.77	0.66	4.87	7.55	6.6
Return On Equity %	-20.19	-6.32	2.86	11.16	11.47
Return on Common Equity	-20.24	-6.32	2.87	11.16	11.46
Margin Analysis
Gross Profit Margin %	-11.63	10.7	26.83	33.89	29.19
SG&A Margin	9.91	7.67	6.87	6.8	7.17
EBITDA Margin %	6.69	27.4	41.07	45.31	37.35
EBITA Margin %	-21.53	3.03	19.96	27.1	22.02
EBIT Margin %	-21.53	3.03	19.96	27.1	22.02
Income From Continuing Operations Margin %	-41.59	-10.25	4.45	16.58	17.76
Net Income Margin %	-41.72	-10.27	4.46	16.6	17.75
Net Avail. For Common Margin %	-41.72	-10.27	4.46	16.6	17.75
Normalized Net Income Margin	-19	-2.87	5.66	14.7	12.25
Levered Free Cash Flow Margin	13.78	23.79	19.45	27.79	21.66
Unlevered Free Cash Flow Margin	19.04	28.36	22.2	30.06	23.45
Asset Turnover
Asset Turnover	0.25	0.31	0.36	0.4	0.43
Fixed Assets Turnover	0.28	0.34	0.39	0.47	0.53
Receivables Turnover (Average Receivables)	22.83	29.63	24.56	20.26	24.02
Inventory Turnover (Average Inventory)	6.83	7.61	10.61	12.62	12.75
Short Term Liquidity
Current Ratio	0.2	0.18	0.26	2.38	2.54
Quick Ratio	0.07	0.08	0.15	1.94	2.03
Operating Cash Flow to Current Liabilities	0.08	0.24	0.31	2.03	2.19
Days Sales Outstanding (Average Receivables)	15.99	12.35	14.86	18.01	15.2
Days Outstanding Inventory (Average Inventory)	53.47	48.09	34.4	28.92	28.64
Average Days Payable Outstanding	67.28	96.35	81.45	47.04	37.36
Cash Conversion Cycle (Average Days)	2.17	-35.9	-32.19	-0.1	6.47
Long Term Solvency
Total Debt/Equity	81.8	72.34	57.35	45.12	25.28
Total Debt / Total Capital	44.99	41.98	36.45	31.09	20.18
LT Debt/Equity	24.31	20.82	24.53	40.59	21.2
Long-Term Debt / Total Capital	13.37	12.08	15.59	27.97	16.92
Total Liabilities / Total Assets	51.41	47.97	41.35	38.54	29.51
EBIT / Interest Expense	-2.56	0.41	4.53	7.49	7.68
EBITDA / Interest Expense