Latest news with #99SpeedMartRetailHoldingsBerhad
BusinessToday
15-05-2025
- Business
- BusinessToday
99 Speed Mart's Q1 Revenue Hits RM2.61 Billion PAT Increases To RM143 Million
99 Speed Mart Retail Holdings Berhad announced its results for the first quarter of its financial year ending 31 December 2025, delivering a 7.7% year-on-year growth in revenue to RM2.61 billion. The profit before tax and profit after tax increased by 6.6% and 7.5%, Y-o-Y, to RM190.2 million and RM143.2 million respectively. Total sales transactions for the quarter rose 7.8% to 119.6 million with the average ticket size remaining stable at RM21.80. The Board of Directors has declared a first interim dividend of 2.25 sen per ordinary share, amounting to approximately RM189 million in respect of the financial year ending 31 December 2025. The entitlement date is fixed on 29 May 2025, and payment will be made on 9 June 2025. Related
Yahoo
02-05-2025
- Business
- Yahoo
99 Speed Mart Retail Holdings Berhad (KLSE:99SMART) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
99 Speed Mart Retail Holdings Berhad's (KLSE:99SMART) robust earnings report didn't manage to move the market for its stock. Our analysis suggests that shareholders have noticed something concerning in the numbers. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. To get the accrual ratio we first subtract FCF from profit for a period, and then divide that number by the average operating assets for the period. The ratio shows us how much a company's profit exceeds its FCF. Therefore, it's actually considered a good thing when a company has a negative accrual ratio, but a bad thing if its accrual ratio is positive. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. 99 Speed Mart Retail Holdings Berhad has an accrual ratio of 0.27 for the year to December 2024. We can therefore deduce that its free cash flow fell well short of covering its statutory profit. To wit, it produced free cash flow of RM318m during the period, falling well short of its reported profit of RM490.3m. 99 Speed Mart Retail Holdings Berhad shareholders will no doubt be hoping that its free cash flow bounces back next year, since it was down over the last twelve months. One positive for 99 Speed Mart Retail Holdings Berhad shareholders is that it's accrual ratio was significantly better last year, providing reason to believe that it may return to stronger cash conversion in the future. Shareholders should look for improved cashflow relative to profit in the current year, if that is indeed the case. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. 99 Speed Mart Retail Holdings Berhad didn't convert much of its profit to free cash flow in the last year, which some investors may consider rather suboptimal. Because of this, we think that it may be that 99 Speed Mart Retail Holdings Berhad's statutory profits are better than its underlying earnings power. But at least holders can take some solace from the 19% EPS growth in the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. In terms of investment risks, we've identified 1 warning sign with 99 Speed Mart Retail Holdings Berhad, and understanding it should be part of your investment process. Today we've zoomed in on a single data point to better understand the nature of 99 Speed Mart Retail Holdings Berhad's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
28-04-2025
- Business
- Yahoo
99 Speed Mart Retail Holdings Berhad Full Year 2024 Earnings: Misses Expectations
Revenue: RM9.98b (up 8.3% from FY 2023). Net income: RM490.3m (up 23% from FY 2023). Profit margin: 4.9% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. EPS: RM0.059 (up from RM0.05 in FY 2023). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 6.6%. In the last 12 months, the only revenue segment was Retail of Consumable Merchandise and Other Household Products contributing RM9.98b. Notably, cost of sales worth RM8.88b amounted to 89% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM1.25b (203% of total expenses). Explore how 99SMART's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Consumer Retailing industry in Malaysia. Performance of the Malaysian Consumer Retailing industry. The company's share price is broadly unchanged from a week ago. What about risks? Every company has them, and we've spotted 1 warning sign for 99 Speed Mart Retail Holdings Berhad you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
25-02-2025
- Business
- Yahoo
99 Speed Mart Retail Holdings Berhad Full Year 2024 Earnings: Misses Expectations
Revenue: RM9.98b (up 8.3% from FY 2023). Net income: RM490.3m (up 23% from FY 2023). Profit margin: 4.9% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. EPS: RM0.058 (up from RM0.048 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 6.6%. Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Consumer Retailing industry in Malaysia. Performance of the Malaysian Consumer Retailing industry. The company's share price is broadly unchanged from a week ago. You still need to take note of risks, for example - 99 Speed Mart Retail Holdings Berhad has 1 warning sign we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
