Nam Cheong Ltd
SGX:N4E
Income Statement
Earnings Waterfall
Nam Cheong Ltd
Revenue
|
550.9m
MYR
|
Cost of Revenue
|
-372.2m
MYR
|
Gross Profit
|
178.7m
MYR
|
Operating Expenses
|
-72.1m
MYR
|
Operating Income
|
106.6m
MYR
|
Other Expenses
|
18.7m
MYR
|
Net Income
|
125.3m
MYR
|
Income Statement
Nam Cheong Ltd
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 230
N/A
|
1 257
+2%
|
1 430
+14%
|
1 533
+7%
|
1 811
+18%
|
1 929
+7%
|
1 848
-4%
|
1 662
-10%
|
1 232
-26%
|
950
-23%
|
531
-44%
|
455
-14%
|
292
-36%
|
170
-42%
|
281
+65%
|
315
+12%
|
369
+17%
|
320
-13%
|
310
-3%
|
286
-8%
|
302
+5%
|
330
+9%
|
351
+6%
|
299
-15%
|
296
-1%
|
285
-4%
|
317
+11%
|
370
+17%
|
357
-4%
|
372
+4%
|
371
0%
|
386
+4%
|
387
+0%
|
286
-26%
|
420
+47%
|
388
-8%
|
413
+6%
|
366
-11%
|
481
+32%
|
506
+5%
|
551
+9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(972)
|
(993)
|
(1 123)
|
(1 213)
|
(1 429)
|
(1 550)
|
(1 487)
|
(1 337)
|
(1 036)
|
(800)
|
(445)
|
(384)
|
(241)
|
(162)
|
(270)
|
(1 817)
|
(1 867)
|
(284)
|
(284)
|
1 258
|
1 264
|
(249)
|
(261)
|
(203)
|
(197)
|
(194)
|
(231)
|
(286)
|
(298)
|
(269)
|
(288)
|
(285)
|
(272)
|
(222)
|
(326)
|
(301)
|
(318)
|
(265)
|
(340)
|
(348)
|
(372)
|
|
Gross Profit |
259
N/A
|
264
+2%
|
307
+16%
|
320
+4%
|
382
+19%
|
378
-1%
|
361
-5%
|
324
-10%
|
197
-39%
|
150
-24%
|
86
-43%
|
71
-17%
|
51
-29%
|
8
-83%
|
12
+36%
|
(1 502)
N/A
|
(1 499)
+0%
|
35
N/A
|
26
-26%
|
1 544
+5 792%
|
1 565
+1%
|
81
-95%
|
90
+12%
|
96
+6%
|
99
+4%
|
91
-8%
|
85
-7%
|
84
-1%
|
59
-30%
|
103
+75%
|
83
-20%
|
101
+22%
|
115
+14%
|
64
-44%
|
94
+47%
|
87
-7%
|
95
+9%
|
101
+6%
|
141
+40%
|
158
+12%
|
179
+13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(67)
|
(61)
|
(75)
|
(71)
|
(62)
|
(88)
|
(99)
|
(116)
|
(117)
|
(83)
|
(112)
|
(97)
|
(92)
|
(69)
|
(45)
|
(159)
|
(156)
|
(2 535)
|
(2 599)
|
(2 482)
|
(2 466)
|
1
|
52
|
19
|
57
|
22
|
9
|
(8)
|
(77)
|
(465)
|
(137)
|
(142)
|
(133)
|
(62)
|
(73)
|
(46)
|
(31)
|
(55)
|
(54)
|
(54)
|
(72)
|
|
Selling, General & Administrative |
(68)
|
(63)
|
(78)
|
(74)
|
(66)
|
(90)
|
(97)
|
(114)
|
(115)
|
(88)
|
(117)
|
(102)
|
(97)
|
(38)
|
(9)
|
(118)
|
(110)
|
(111)
|
(161)
|
(44)
|
(46)
|
(27)
|
(25)
|
(22)
|
(22)
|
(8)
|
(15)
|
(35)
|
(38)
|
(58)
|
(54)
|
(48)
|
(49)
|
(34)
|
(49)
|
(43)
|
(44)
|
(37)
|
(47)
|
(47)
|
(48)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(5)
|
(10)
|
(15)
|
(0)
|
(14)
|
(12)
|
(7)
|
(4)
|
(9)
|
(13)
|
(21)
|
(30)
|
(25)
|
(18)
|
(11)
|
0
|
(1)
|
(2)
|
(2)
|
0
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
2
|
2
|
3
|
3
|
4
|
1
|
(2)
|
(2)
|
(2)
|
4
|
5
|
5
|
5
|
(30)
|
(30)
|
(30)
|
(30)
|
(2 423)
|
(2 424)
|
(2 426)
|
(2 413)
|
32
|
87
|
54
|
100
|
60
|
49
|
45
|
(28)
|
(406)
|
(81)
|
(93)
|
(82)
|
(28)
|
(22)
|
(2)
|
15
|
(18)
|
(5)
|
(6)
|
(23)
|
|
Operating Income |
192
N/A
|
204
+6%
|
232
+14%
|
250
+8%
|
320
+28%
|
290
-9%
|
262
-10%
|
208
-20%
|
80
-62%
|
67
-16%
|
(26)
N/A
|
(26)
+0%
|
(41)
-58%
|
(60)
-47%
|
(33)
+45%
|
(1 661)
-4 903%
|
(1 655)
+0%
|
(2 500)
-51%
|
(2 572)
-3%
|
(939)
+64%
|
(900)
+4%
|
81
N/A
|
143
+75%
|
115
-20%
|
157
+37%
|
113
-28%
|
95
-16%
|
76
-19%
|
(18)
N/A
|
(361)
-1 893%
|
(54)
+85%
|
(41)
+23%
|
(18)
+57%
|
2
N/A
|
21
+1 000%
|
41
+94%
|
64
+58%
|
45
-29%
|
87
+92%
|
104
+19%
|
107
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(8)
|
3
|
7
|
3
|
10
|
9
|
11
|
11
|
(36)
|
(22)
|
(32)
|
(17)
|
24
|
(11)
|
(39)
|
(92)
|
(155)
|
(119)
|
(73)
|
(22)
|
9
|
(31)
|
(27)
|
(46)
|
(44)
|
(46)
|
(44)
|
(42)
|
(43)
|
(41)
|
(50)
|
(49)
|
(34)
|
(48)
|
(32)
|
(29)
|
(20)
|
(25)
|
(27)
|
(25)
|
|
Non-Reccuring Items |
3
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(6)
|
(377)
|
(379)
|
(364)
|
242
|
625
|
978
|
928
|
385
|
374
|
22
|
(1)
|
(94)
|
(273)
|
(301)
|
7
|
(206)
|
(32)
|
11
|
123
|
142
|
147
|
154
|
61
|
61
|
60
|
83
|
|
Total Other Income |
(2)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
188
N/A
|
199
+6%
|
235
+18%
|
257
+9%
|
323
+26%
|
303
-6%
|
271
-11%
|
219
-19%
|
90
-59%
|
31
-66%
|
(49)
N/A
|
(58)
-19%
|
(58)
0%
|
(43)
+27%
|
(50)
-17%
|
(2 077)
-4 062%
|
(2 126)
-2%
|
(3 019)
-42%
|
(2 450)
+19%
|
(388)
+84%
|
55
N/A
|
1 018
+1 747%
|
497
-51%
|
461
-7%
|
132
-71%
|
68
-48%
|
(45)
N/A
|
(240)
-430%
|
(361)
-50%
|
(397)
-10%
|
(300)
+24%
|
(123)
+59%
|
(56)
+55%
|
91
N/A
|
115
+26%
|
155
+35%
|
189
+22%
|
86
-55%
|
124
+44%
|
137
+11%
|
165
+21%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
7
|
7
|
7
|
7
|
(1)
|
(1)
|
(1)
|
2
|
(3)
|
(3)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(3)
|
(3)
|
(4)
|
(4)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(7)
|
(11)
|
(14)
|
(16)
|
(18)
|
(25)
|
(29)
|
(34)
|
|
Income from Continuing Operations |
185
|
206
|
242
|
264
|
330
|
302
|
270
|
218
|
92
|
28
|
(52)
|
(59)
|
(59)
|
(43)
|
(50)
|
(2 077)
|
(2 126)
|
(3 018)
|
(2 449)
|
(387)
|
56
|
1 018
|
497
|
461
|
129
|
65
|
(49)
|
(245)
|
(368)
|
(404)
|
(307)
|
(131)
|
(62)
|
84
|
104
|
141
|
173
|
68
|
99
|
108
|
131
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(0)
|
1
|
(0)
|
(0)
|
(0)
|
(1)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(2)
|
(1)
|
(5)
|
(2)
|
(4)
|
(4)
|
(1)
|
(4)
|
(1)
|
(1)
|
(2)
|
(0)
|
0
|
1
|
(0)
|
(0)
|
3
|
2
|
3
|
2
|
(2)
|
(4)
|
(4)
|
(5)
|
|
Net Income (Common) |
185
N/A
|
206
+11%
|
241
+17%
|
264
+9%
|
331
+26%
|
302
-9%
|
270
-11%
|
217
-19%
|
91
-58%
|
29
-69%
|
(51)
N/A
|
(59)
-15%
|
(58)
+1%
|
(42)
+27%
|
(49)
-18%
|
(2 076)
-4 103%
|
(2 126)
-2%
|
(3 020)
-42%
|
(2 450)
+19%
|
(391)
+84%
|
54
N/A
|
1 014
+1 792%
|
492
-51%
|
460
-6%
|
125
-73%
|
64
-48%
|
(50)
N/A
|
(247)
-390%
|
(368)
-49%
|
(404)
-10%
|
(307)
+24%
|
(131)
+57%
|
(62)
+52%
|
87
N/A
|
106
+22%
|
144
+35%
|
174
+21%
|
66
-62%
|
95
+44%
|
104
+10%
|
125
+21%
|
|
EPS (Diluted) |
0.08
N/A
|
0.09
+13%
|
0.1
+11%
|
0.11
+10%
|
0.14
+27%
|
0.12
-14%
|
0.12
N/A
|
0.09
-25%
|
0.04
-56%
|
0.01
-75%
|
-0.03
N/A
|
-0.03
N/A
|
-0.03
N/A
|
-0.02
+33%
|
-0.02
N/A
|
-0.86
-4 200%
|
-0.88
-2%
|
-1.25
-42%
|
-1.01
+19%
|
-0.16
+84%
|
0.04
N/A
|
0.3
+650%
|
0.06
-80%
|
0.06
N/A
|
0.02
-67%
|
0.01
-50%
|
-0.01
N/A
|
-0.03
-200%
|
-0.05
-67%
|
-0.06
-20%
|
-0.04
+33%
|
-0.02
+50%
|
-0.01
+50%
|
0.01
N/A
|
0.01
N/A
|
0.02
+100%
|
0.02
N/A
|
0.01
-50%
|
0.01
N/A
|
0.01
N/A
|
0.02
+100%
|