GOOD PROFIT
GLOTEC 5220 Share Price
RM1.06 RM0.56
52 Weeks Range : 0.415 - 0.655
6.4/10 (Expert Score)
Product is rated as #6 in category Automotive Parts PROS:
- Extraordinary profit
- High Dividend Yield
- High Tangible-to-Price ratio
- Cash Rich Company
- Low Gearing Ratio
- High Trading Liquidity
klse: Globaltec Formation Bhd
Corporate Information
Board : Main
Shariah : Shariah Compliant
Sector : Automotive Parts Precision Machining and Engineering Mould Tool and Die
Address: Wisma AIC, Lot 3 Persiaran Kemajuan, Seksyen 16 , Shah Alam, 40200, Selangor
Contact: +603-55431413
Website: https://www.globaltec.com.my/
Corporate Background
Globaltec Formation Bhd provides investment services. The Company’s investments include manufacturing operations for auto parts, electrical, electronics, medical, and life-sciences in Malaysia, China, Indonesia, and Taiwan
Specification: GLOTEC 5220
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 22/02/23 | 56,270 | 4,680 | 3,037 |
| 30/11/22 | 52,388 | 3,728 | 3,029 |
| 25/08/22 | 48,890 | 8,072 | 4,809 |
| 25/05/22 | 47,555 | 5,310 | 5,248 |
| 23/02/22 | 53,141 | 7,525 | 5,155 |
| 29/11/21 | 34,689 | 1,545 | 1,358 |
| 10/09/21 | 37,834 | 8,132 | 5,009 |
| 25/05/21 | 43,304 | -4,200 | -1,367 |
| 26/02/21 | 43,630 | 9,480 | 6,012 |
| 27/11/20 | 36,348 | 22,187 | 10,746 |
| 27/08/20 | 19,977 | -1,915 | -1,355 |
| 21/05/20 | 42,427 | 1,505 | -42 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 205,103 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | 15,996 |
| Last 4 Quarter EPS (sen) | 6 |
| Last 4 Quarter PER | 9.42 |
| Last 4 Quarter Dividend (sen) | 1.80 |
| Last 4 Quarter Dividend Yield (%) | 3.21 |
| Net Tangible Assets (RM) | 1.00 |
| Goodwill (RM) | 48,660 |
| Cash (RM’000) | 62,890 |
| Debt (RM’000) | 7,740 |
| Total Debt (RM’000) | 89,610 |
| Net Assets (RM’000) | 268,260 |
| Current Ratio | 2.02 |
| Quick Ratio | 1.56 |
| Cash Ratio | 1.09 |
Technical
Technical Analysis
| MACD (26 vs 12) | -0.005 |
|---|---|
| Exponential Moving Average 5 | 0.572 |
| Exponential Moving Average 20 | 0.581 |
| Exponential Moving Average 90 | 0.548 |
| Relative Strength Index 14 | 0.32 |
| Stochastic %D 3 | 0.40 |
| Stochastic %K 14 | 0.27 |
7 reviews for GLOTEC 5220
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Over Optimistic
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BURSA MALAYSIA –
The Group’s net profit was relatively consistent at RM3.0 million quarter on quarter. The IMS segment however, registered a decrease of RM1.0 million in its net profit due to a decline in the net profit of RM1.2 million from the PMST division, which was attributable to foreign exchange losses, unfavourable product mix and higher labour costs. The Automotive division however, in tandem with its higher revenue, recorded an increase of RM0.2 million in its net profit. The net loss from the Resources segment narrowed from RM0.7 million to RM37,000, in line with the increase in its revenue and favourable fair vale changes on biological assets.
BURSA MALAYSIA –
Despite the increase in revenue, the Group’s net profit decreased from RM4.8 million to RM3.0 million quarter on quarter, due mainly to the Resources segment registering a net loss of RM0.7 million for the current quarter versus a net profit of RM0.9 million in the previous quarter.
BURSA MALAYSIA –
The Group’s revenue decreased marginally from RM43.6 million to RM43.3 million due to the Resources segment registering a decrease in its revenue from RM1.9 million to RM1.1 million on the back of lower FFB production but was offset partially by higher FFB prices. The IMS segment’s revenue however increased from RM41.7 million to RM42.2 million as a result of improving demand and the gradual easing of movement restrictions in Malaysia and globally. Despite a decrease in revenue, the Group recorded a marginal increase in its net profit from RM1.9 million to RM2.2 million quarter on quarter
REMUNERATION STUDY –
In Financial Year End 2020, the directors’ remuneration was 4.14 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 31.9 million and auditor’s remuneration of 355 thousands
BURSA MALAYSIA –
The Group’s revenue decreased from RM42.4 million to RM20.0 million due to decrease in the revenue from Integrated Manufacturing Services (IMS) segment. This decline was attributable to lower demand due to global COVID-19 pandemic and the longer MCO period in current quarter. However, Resources segment registered an increase in the revenue of RM0.1 million due to an increase in the FFB production.
BURSA MALAYSIA –
Comparing quarter on quarter, the Group’s revenue decreased from RM49.1 million to RM42.4 million due to lower demand as a result of the COVID-19 pandemic and decrease in the FFB production. The Group registered a decline in its net profit of RM1.7 million in the previous quarter to a net loss of RM0.4 million for the current quarter. Both the IMS and Resources segments recorded lower net results in line with its lower revenue.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 4.64 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 37.5 million and auditor’s remuneration of 346 thousands
Investing Malaysia –
Average investing volume for Globaltec Formation Bhd in the past three months in stock market was 1273.9k lots
Investing Malaysia –
GLOTEC gets a score of 26.26 in our equity and assets quality test based on current share price of RM0.365
Investing Malaysia –
Globaltec Formation Bhd gets a score of 19.81 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 5220 in Bursa Malaysia did not propose any dividend for the past few years
Investing Malaysia –
GLOTEC is estimated to have a profit consensus of 5.42 millions, with an adjusted market capitalization of 98.22 millions