Business
- Manufacturing, distributing and retailing of linen and bedding accessories
- YOCB sold their home grown brand through 20 fully owned boutique shops, more than 250 counters at the premier department stores, hypermarket, and intermediaries
Product Segment
- Distribution and trading (contributed most of the revenue and profit)
- Retailing
- Design and manufacturing
Geographic Segment
- Domestic operation accounted for 82.62% or RM157.92million of the group's consolidated revenue compared to RM153.62million in the preceeding year (Annual Report 2016)
- Malaysia (Revenue:82.62%)
- Singapore ( 15.70%)
- Other
Financial performance
- Revenue (QoQ: -8.92% ; YoY:-11.61% )
* Revenue lower was due to lower export sales, lower consignment and festival season
* Revenue achieved new high
- PBT (QoQ: 7.26% ; YoY: 15.75% )
* Higher PBT was due to foreign exchange gain, lower operating expenses
- Net profit (QoQ: 6.67% ; YoY: 23.32%)
- Gross profit margin (Quarterly: 20.72% ; Annually:)
- Net profit margin (Quarterly:15.10% ; Annually)
- Cash: Fell 19.94% from RM15,153 to RM12,633
- Debt: Short-term bank borrowing: RM6,940,Long term bank borrowing:RM2,396
- Trade Receivables: Increased 7% from RM46,279 to RM 49,551
- Trade Payables: Fell 32.67% from RM15,735 to RM11,860
- EPS achieved second new high
- Long term growth chart
* YOCB would be easy to exceed preceding year profit RM20,055,000
Factors that will affect YOCB/Risk
- Based on the statement made by YOCB, it states that higher PBT was due to lower operating expenses, even though they have lower sales.
- Based on the past performance, YOCB would have a bad result for this coming forth quarter
Share price
- Current Share price:RM1.24
- historical PE around 7-8
Comments
- not suitable to enter
留言列表