Latest news with #ChinHinGroupBerhad
BusinessToday
5 days ago
- Business
- BusinessToday
Signature Alliance Debuts 8% Higher
From left: Saw Gee Kai, Group Chief Financial Officer of SAG; Dato' Boey Chin Gan, Independent Director of SAG; Tan Poh Cheok, Independent Director of SAG; Lim Sook Yee, Independent Director of SAG; Melvin Ng, Promoter and CEO for Central Region, SAG; Mario Foo, Executive Director/CEO – Northern Region of SAG; Darren Chang, Executive Director/Group CEO of SAG; Chiau Haw Choon, Promoter of SAG; Datuk Wan Ahmad Satria Wan Hussein, Chairman of SAG; Datuk Bill Tan, Managing Director of M & A Equity Holdings Berhad; Datuk Seri Chiau Beng Teik, Promoter of SAG; Michael Lim, Group Chief Financial Officer of Chin Hin Group Berhad; Lau Kock Sang, Director of SAG; and Gary Ting, Head of Corporate Finance at M & A Securities Sdn Bhd. Signature Alliance Group Bhd (SAG) made a firm debut on the ACE Market of Bursa Malaysia this morning, opening at 68 sen and recording an 8.87% gain to 67.5 sen as of 9.03am. The construction and interior fit-out firm saw 256.9 million shares changing hands, making it one of the most actively traded counters at the opening bell. It hit a high of 69.5 sen and a low of 67 sen in early trade, with buy and sell volumes remaining strong. SAG's listing comes on the back of a fully subscribed IPO, with its public portion oversubscribed by 1.12 times. The offering raised RM161.2 million through the issuance of 260 million new shares at 62 sen apiece, giving the company a market capitalisation of RM620 million at listing. Darren Chang, Executive Director/Group Chief Executive Officer of SAG, said the company is confident of securing between 15% and 20% of its RM1.1 billion tender book by the end of 2025. 'The tenders primarily comprise commercial and industrial property projects valued at RM1.1 billion as at April 16, 2025. Based on our historical average tender success rate of around 15% to 20%, we are optimistic about meeting our target,' he added. Speaking to reporters after SAG's Listing Ceremony, Mr Chang noted that the Company's earnings visibility for the financial year ended 31 December 2025 ('FY25') and FY26 will be supported by an unbilled order book of RM388.6 million as at 16 April 2025, in addition to anticipated contract wins. As at April 16, 2025, SAG has 69 ongoing projects with a total contract value of RM902.4 million. 'Our current ongoing projects of RM902.4 million, of which RM388.6 million unbilled, clearly reflects market demand for our interior fitting-out services and provides earnings visibility for the next one to two financial years,' Mr Chang further added. For the first quarter ended 31 March 2025 ('1QFY25'), SAG reported a net profit of RM15.8 million on the back of revenue of RM147.2 million. The strong performance was driven by interior-fitting out works for two major projects – a commercial office property in Bandar Baru Sri Petaling and a commercial hotel property in Tun Razak Exchange, accounting for 38.9% and 11.9% of the revenue respectively. The company posted a gross profit ('GP') of RM29.1 million during the quarter, with GP margin of 19.8%. No comparative figures were available as it was the first interim financial report released by the Company in relation to its financial results, in compliance with the listing requirements. For FY24, SAG's net profit surged 290.4% to RM40.6 million, from RM10.4 million in FY23. This was attributed to higher GP and net gain on impairment of financial assets and contract assets. Revenue for FY24 rose 122.6% to RM386.0 million, from RM173.4 million in FY23. Under the listing exercise, SAG raised RM161.2 million from its Public Issue of 260 million new shares at RM0.62 per share. No existing shares were offered for sale. Of the total proceeds, RM88.0 million (54.6%) will be used to establish a new corporate office as its new headquarters and a production facility to centralise its production activities in Selangor. A further RM30.1 million (18.7%) of the proceeds will be used for working capital purposes to meet the working capital requirements for its interior fitting-out projects. The remainder of the proceeds will be used to repay bank borrowings amounting to RM20.0 million (12.4%); RM12.0 million (7.4%) to expand and establish branch offices in Pulau Pinang and Johor to strengthen the Company's presence regionally in Peninsular Malaysia; RM4.0 million (2.5%) to acquire additional machinery and equipment for the new production facility in Selangor to increase automation and further strengthening its project delivery capabilities while the remaining RM7.1 million (4.4%) to defray the estimated listing expenses. Following its listing, SAG is expected to have a market capitalisation of RM620 million, based on an enlarged share capital of 1.0 billion shares. Related
Yahoo
07-05-2025
- Business
- Yahoo
Earnings Troubles May Signal Larger Issues for Chin Hin Group Berhad (KLSE:CHINHIN) Shareholders
A lackluster earnings announcement from Chin Hin Group Berhad (KLSE:CHINHIN) last week didn't sink the stock price. We think that investors are worried about some weaknesses underlying the earnings. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. KLSE:CHINHIN Earnings and Revenue History May 7th 2025 The Impact Of Unusual Items On Profit For anyone who wants to understand Chin Hin Group Berhad's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from RM65m worth of unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. We can see that Chin Hin Group Berhad's positive unusual items were quite significant relative to its profit in the year to December 2024. All else being equal, this would likely have the effect of making the statutory profit a poor guide to underlying earnings power. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Chin Hin Group Berhad. Our Take On Chin Hin Group Berhad's Profit Performance As previously mentioned, Chin Hin Group Berhad's large boost from unusual items won't be there indefinitely, so its statutory earnings are probably a poor guide to its underlying profitability. As a result, we think it may well be the case that Chin Hin Group Berhad's underlying earnings power is lower than its statutory profit. But on the bright side, its earnings per share have grown at an extremely impressive rate over the last three years. 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 while earnings quality is important, it's equally important to consider the risks facing Chin Hin Group Berhad at this point in time. Every company has risks, and we've spotted 3 warning signs for Chin Hin Group Berhad (of which 1 is significant!) you should know about. Today we've zoomed in on a single data point to better understand the nature of Chin Hin Group Berhad's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. 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) This 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.
Yahoo
30-04-2025
- Business
- Yahoo
Chin Hin Group Berhad's (KLSE:CHINHIN) top owners are private companies with 40% stake, while 29% is held by insiders
The considerable ownership by private companies in Chin Hin Group Berhad indicates that they collectively have a greater say in management and business strategy 60% of the business is held by the top 2 shareholders Insiders own 29% of Chin Hin Group Berhad This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Every investor in Chin Hin Group Berhad (KLSE:CHINHIN) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are private companies with 40% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Meanwhile, individual insiders make up 29% of the company's shareholders. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Let's delve deeper into each type of owner of Chin Hin Group Berhad, beginning with the chart below. Check out our latest analysis for Chin Hin Group Berhad Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. Since institutions own only a small portion of Chin Hin Group Berhad, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees. Chin Hin Group Berhad is not owned by hedge funds. Divine Inventions Sdn. Bhd. is currently the company's largest shareholder with 37% of shares outstanding. With 23% and 5.8% of the shares outstanding respectively, Beng Teik Chiau and Haw Chiau are the second and third largest shareholders. Interestingly, the bottom two of the top three shareholders also hold the title of Top Key Executive and Member of the Board of Directors, respectively, suggesting that these insiders have a personal stake in the company. A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 60% stake. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. It seems insiders own a significant proportion of Chin Hin Group Berhad. Insiders own RM2.1b worth of shares in the RM7.3b company. That's quite meaningful. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling. The general public-- including retail investors -- own 29% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. We can see that Private Companies own 40%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we've discovered 3 warning signs for Chin Hin Group Berhad (1 can't be ignored!) that you should be aware of before investing here. If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. 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
03-04-2025
- Business
- Yahoo
Chin Hin Group Berhad (KLSE:CHINHIN) Is Experiencing Growth In Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. With that in mind, we've noticed some promising trends at Chin Hin Group Berhad (KLSE:CHINHIN) so let's look a bit deeper. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Chin Hin Group Berhad is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = RM278m ÷ (RM4.5b - RM2.2b) (Based on the trailing twelve months to December 2024). Therefore, Chin Hin Group Berhad has an ROCE of 12%. That's a relatively normal return on capital, and it's around the 11% generated by the Trade Distributors industry. View our latest analysis for Chin Hin Group Berhad While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you'd like to look at how Chin Hin Group Berhad has performed in the past in other metrics, you can view this free graph of Chin Hin Group Berhad's past earnings, revenue and cash flow. We like the trends that we're seeing from Chin Hin Group Berhad. The data shows that returns on capital have increased substantially over the last five years to 12%. The amount of capital employed has increased too, by 341%. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed. On a separate but related note, it's important to know that Chin Hin Group Berhad has a current liabilities to total assets ratio of 49%, which we'd consider pretty high. This effectively means that suppliers (or short-term creditors) are funding a large portion of the business, so just be aware that this can introduce some elements of risk. Ideally we'd like to see this reduce as that would mean fewer obligations bearing risks. A company that is growing its returns on capital and can consistently reinvest in itself is a highly sought after trait, and that's what Chin Hin Group Berhad has. And with the stock having performed exceptionally well over the last five years, these patterns are being accounted for by investors. Therefore, we think it would be worth your time to check if these trends are going to continue. Chin Hin Group Berhad does come with some risks though, we found 3 warning signs in our investment analysis, and 1 of those is significant... While Chin Hin Group Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. 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
28-02-2025
- Business
- Yahoo
Chin Hin Group Berhad Full Year 2024 Earnings: EPS: RM0.032 (vs RM0.041 in FY 2023)
Revenue: RM3.24b (up 58% from FY 2023). Net income: RM113.4m (down 22% from FY 2023). Profit margin: 3.5% (down from 7.1% in FY 2023). EPS: RM0.032 (down from RM0.041 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Chin Hin Group Berhad shares are down 2.8% from a week ago. Be aware that Chin Hin Group Berhad is showing 3 warning signs in our investment analysis and 1 of those is a bit unpleasant... 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
