GOOD PROFIT
MAGNI 7087 Share Price
RM1.75
klse: Magni-Tech Industries Berhad
Stock Information
Board : Main
Shariah : Shariah Compliant
Sector : Garment Manufacturing Packaging Material
Address: Level 18 Penas Tower, Midlands Park Centre, Jalan Burmah, 10350 Penang
Contact: +604-2288826
Website: https://www.magni-tech.com.my/
Stock Background
Magni-Tech Industries Berhad is an investment holding company which provides management services. Through its subsidiaries, the Company manufactures, garment and distributes flexible plastic packaging materials, inner packaging boxes, fiberboards, cartons, and boxes for industrial and commercial uses.
Profit Analysis: MAGNI 7087
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 23/06/26 | 301,813 | 29,127 | 22,950 |
| 10/03/26 | 376,349 | 40,054 | 30,740 |
| 03/12/25 | 347,043 | 42,820 | 32,251 |
| 03/09/25 | 377,605 | 47,212 | 35,586 |
| 23/06/25 | 326,377 | 36,672 | 28,290 |
| 05/03/25 | 370,712 | 52,185 | 39,973 |
| 03/12/24 | 350,826 | 35,337 | 25,867 |
| 03/09/24 | 437,596 | 58,470 | 44,641 |
| 25/06/24 | 336,925 | 45,934 | 34,524 |
| 18/03/24 | 392,190 | 51,046 | 39,375 |
| 05/12/23 | 287,605 | 28,680 | 21,785 |
| 11/09/23 | 324,376 | 42,963 | 32,726 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 15 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | -6,006 |
| Last 4 Quarter EPS (sen) | -0.82 |
| Last 4 Quarter PER | 0 |
| Last 4 Quarter Dividend (sen) | – |
| Last 4 Quarter Dividend Yield (%) | 0.00 |
| Net Tangible Assets (RM) | 2642.00 |
| Goodwill (RM) | 0 |
| Cash (RM’000) | 2,120 |
| Debt (RM’000) | 20,670 |
| Total Debt (RM’000) | 94,770 |
| Net Assets (RM’000) | 172,200 |
| Current Ratio | 1.06 |
| Quick Ratio | 0.83 |
| Cash Ratio | 0.73 |
Technical
Technical Analysis
| MACD (26 vs 12) | -0.001 |
|---|---|
| Exponential Moving Average 5 | 0.11 |
| Exponential Moving Average 20 | 0.112 |
| Exponential Moving Average 90 | 0.114 |
| Relative Strength Index 14 | 0.50 |
| Stochastic %D 3 | 0.33 |
| Stochastic %K 14 | 1.00 |
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Stock Profit Analysis
-
BNASTRA 7195 ★★★★★RM2.14 - PETRONM 3042 ★★★★★RM3.44
- CMSB 2852 ★★★★★RM1.00
- SUNREIT 5176 ★★★★★RM2.23
Salary Proof
BURSA MALAYSIA –
The growth in revenue was driven by a 25.4% surge in garment revenue mainly due to recovery in sales orders received which was made possible by our various strategies to drive sales and production during FYR 2023 as compared to the disruptions in FYR 2022, particularly the 2.5 months strict Covid-19 lockdown in Vietnam then. Profit before tax of the Group the FYR increased by 25.4% to RM125.504 million as compared to RM100.121 million. Nevertheless, to ensure sustainability in operations and business performance, the Group will continue to build resilient against the upcoming risks and challenges, exercising caution in the conduct of the business activities and ensuring adherence to the requisite health and safety requirements. We remain steadfast in pursuing sustainable results for FYR 2024.
BURSA MALAYSIA –
PBT of the group for Q2-FYR 2023 Increased by 3.4% to RM33.074 million as compared to RM31.987 million in Q1-FYR 2023. Garment PBT for Q2-FYR 2023 increased by 2.2% to RM31.279 million mainly due lower operating cost and higher gain on forex by RM1.117 million. Packaging PBT for Q2-FYR 2023 increased significantly by 59.0% mainly due to higher revenue in Q2-FYR 2023, and insurance claim received on damage from flood of RM2.186 million.
BURSA MALAYSIA –
PBT of the group for Q4-FYR 2022 decreased by 2.3% to RM34.059 million as compared to RM34.871 million in in Q3-FYR 2022m It was mainly due to lower sale orders received for Q4-FYR 2022
BURSA MALAYSIA –
PBT of the group for Q3-FYR 2022 increased by 72.5% as compared to PBT (after gain on disposal of property)
of RM20.216 million in Q2-FYR 2022. Garment PBT for Q3-FYR 2022 increased by 93.1% to RM37.122 million. There was a gain on disposal of property from Garment segment in Q2-FYR 2022 amounting to RM16.889 million. Packaging PBT for Q3-FYR 2022 dropped by 284.3% mainly due to loss on damage resulting from the flood.
BURSA MALAYSIA –
There was a decrease in PBT of the Group by 32.2% as compared to Q3-FYR 2021. Subtracting the gain on disposal of properties of RM6.94 million in Q3-FYR 2021, PBT for Q4-FYR 2021 decreased by 23.5%. Both garment and packaging revenue decreased by 20.4% to RM270.913 million and 2.5% to RM26.625 million respectively mainly due to lower sale orders received.
BURSA MALAYSIA –
Revenue of the Group for Q3-FYR 2021 increased by 36.7% versus Q2-FYR 2021. There was a substantial increased in PBT of the Group by 126.4% as compared to Q2-FYR 2021. Both garment and packaging revenue increased by 39.2% to RM 340.506 million and 11.6% to RM27.318 million respectively mainly due to higher sale orders received. There was a 37.5% hike in packaging PBT mainly due to higher revenue and lower raw material costs of flexible packaging.
BURSA MALAYSIA –
Revenue of the Group for Q1 2021 grew by 10.9% whilst PBT decreased by 4.2% as compared to Q4 2020. Both garment and packaging revenue increased by 10.3% and 17% respectively mainly due to higher sale orders received. Garment PBT dropped by 5.2% mainly due to lower foreign exchange gain by RM2.559 million and higher operating expenses. However, there was a 35.1% hike in packaging PBT mainly due to higher revenue and lower raw material costs incurred.
BURSA MALAYSIA –
Revenue of the Group for Q1-FYR 2021 grew by 10.9% whilst PBT decreased by 4.2% as compared to Q4-FYR 2020. Both garment and packaging revenue increased by 10.3% and 17% respectively mainly due to higher sale orders received.
REMUNERATION STUDY –
In Financial Year End 2020, the directors’ remuneration was 9.29 million. It was very high compared to average in listed companies, considering the employees’ remuneration of 59.8 million and auditor’s remuneration of 89 thousands
BURSA MALAYSIA –
Revenue for Q4-FYR 2020 decreased by 16.0% as compared to Q3-FYR 2020. Garment revenue for Q4-FYR 2020 for both garment and packaging segments decreased by 15.9% and 16.8% respectively mainly due to lower sale orders received partially resulting from the negative impact of Covid-19 and MCO.
INVESTING MALAYSIA –
9 MAR 20 – Garment manufacturer Magni-Tech Industries Bhd posted a 8.31% dip in its third quarter net profit to RM32.66 million, from RM35.62 million a year earlier, due to higher operating costs incurred relative to revenue, and negative forex impact.
BURSA MALAYSIA –
Garment Profit Before Tax increased by 7.4% mainly due to higher revenue in Q3-FYR 2020 and lower operating expenses incurred resulting from improvement in operating efficiency, which were partially offset by negative forex impact by RM3.247 million (ie. forex loss of RM0.616 million versus forex gain of RM2.631 million in Q2-FYR 2020)
Investing Malaysia –
Average investing volume for Magni-Tech Industries Bhd in the past three months in stock market was 562.9k lots
Investing Malaysia –
MAGNI gets a score of 22.11 in our equity and assets quality test based on current share price of RM2.45
Investing Malaysia –
Magni-Tech Industries Bhd gets a score of 28.37 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 7087 in Bursa Malaysia declared adjusted 4.25% dividend yield in past few years
Investing Malaysia –
MAGNI is estimated to have a profit consensus of 114.54 millions, with an adjusted market capitalization of 1050.04 millions
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 9.32 million. It was very high compared to average in listed companies, considering the employees’ remuneration of 60.7 million and auditor’s remuneration of 88 thousands