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Kim Hin Joo Bhd’s IPO: 10 Things to Know About It
By SmallCapAsia  •  June 28, 2019

KHJ has a 4-Year Return on Equity (ROE) of 18.10% per annum. This means, KHJ made, on average, RM 18.10 in annual earnings from every RM 100.00 it has in shareholders’ equity from 2015 to 2018.

Figures in RM ‘000 unless stated otherwise

Year 2015 2016 2017 2018 Revenues 77,031 84,858 93,310 97,687 Profits After Tax (PAT) 8,204 12,234 11,561 11,112 Earnings per Share (Sen) 2.16 3.22 3.04 2.92 Return on Equity (%) 17.71% 20.89% 18.61% 15.17%

Source: KHJ’s IPO Document Page 153

#4: Balance Sheet Strength

In 2018, KHJ repaid all of its borrowings and thus, have zero in gearing ratio. In addition, KHJ reported RM 48.9 million in current assets and RM 14.4 million in current liabilities. Thus, it has a current ratio of 3.40.

Year

2015

2016

2017

2018

Current Ratio

2.86

2.94

3.30

...
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