Ratio Analysis

Key Financials

Statement of Comprehensive Income
  Proforma (Audited) Actual (Audited) Actual (Audited)
FYE   31 Dec 2011 31 Dec 2012 31 Dec 2013 31 Dec 2014 31 Dec 2015
No. Of Months   12 12 12 12 12
Revenue RM'000 88,325 138,602 152,041 185,892 315,902
Gross Profit RM'000 22,413 35,465 39,104 48,579 69,210
EBITDA RM'000 14,847 22,397 26,038 32,781 51,425
Profit Before Taxation (PBT) RM'000 12,330 19,043 21,159 23,757 37,332
Profit After Taxation (PAT) RM'000 9,200 13,954 15,291 17,056 27,151
Profit Attributable to Owners of the Company RM'000 8,523 13,148 13,582 15,587 24,754
  Proforma (Audited) Actual (Audited) Actual (Audited)
FYE   31 Dec 2011 31 Dec 2012 31 Dec 2013 31 Dec 2014 31 Dec 2015
No. Of Months   12 12 12 12 12
Current Assets RM'000 51,055 93,767 114,865 208,587 385,776
Current Liabilities RM'000 38,707 52,722 78,947 80,371 116,284
Total Equity RM'000 18,779 * 57,896 * 83,669 187,045 343,255
Total Borrowings RM'000 27,481 43,249 60,435 64,489 89,649

Ratio Analysis

Per Share Data
  Proforma (Audited) Actual (Audited) Actual (Audited)
FYE   31 Dec 2011 31 Dec 2012 31 Dec 2013 31 Dec 2014 31 Dec 2015
No. Of Months   12 12 12 12 12
Gross EPS ** sen 6.70 7.35 7.43 7.43  
Net EPS *** sen 5.00 5.39 5.37 5.37  
Basic Earnings Per Share ^ sen - - 5.00 3.27 4.66
Diluted Earnings Per Ordinary Share sen       3.27 4.56
Profitability Margins
  Proforma (Audited) Actual (Audited) Actual (Audited)
FYE   31 Dec 2011 31 Dec 2012 31 Dec 2013 31 Dec 2014 31 Dec 2015
No. Of Months   12 12 12 12 12
GP Margin % 25.38 25.59 25.72 26.13 21.91
PBT Margin % 13.96 13.74 13.92 12.78 11.82
PAT Margin % 10.42 10.07 10.06 9.18 8.59
Gearing
  Proforma (Audited) Actual (Audited) Actual (Audited)
FYE   31 Dec 2011 31 Dec 2012 31 Dec 2013 31 Dec 2014 31 Dec 2015
No. Of Months   12 12 12 12 12
Gearing Ratio times 1.46 0.77 0.74 0.16 0.06
Liquidity
  Proforma (Audited) Actual (Audited) Actual (Audited)
FYE   31 Dec 2011 31 Dec 2012 31 Dec 2013 31 Dec 2014 31 Dec 2015
No. Of Months   12 12 12 12 12
Current Ratio times 1.32 1.78 1.45 2.60 3.32
  Proforma (Audited) Actual (Audited) Actual (Audited)
FYE   31 Dec 2011 31 Dec 2012 31 Dec 2013 31 Dec 2014 31 Dec 2015
No. Of Months   12 12 12 12 12
Number of ordinary shares assumed to be in issue of RM0.10 each ('000) # shares 184,000 - - - -
Number of ordinary shares in issue ('000) shares - 259,000 284,900 528,161 792,241
Weighted average number of ordinary shares in issue ('000) shares - 259,000 271,950 334,355 535,395

Notes:

  • * Represents proforma equity attributable to the owners of OCK computed based on the assumption that our current Group structure has been in existence as at 1 January 2008.
  • ** The gross EPS is computed based on the consolidated PBT divided by the number of Shares in issue after the Acquisitions but before our Public Issue.
  • *** The net EPS is computed based on the consolidated PAT divided by the number of Shares in issue after the Acquisitions but before our Public Issue.
  • ^ Basic earnings per share is calculated based on the profit attributable to owners of the Company for the financial year/period divided by the weighted average number of ordinary shares in issued during the financial year/period.
  • # Based on the number of Shares in issue after the Acquisition but before our Public Issue.

Note

* Please read this section in conjunction with OCK Group Berhad's Prospectus dated 29 June 2012, Annual Report and latest Quarterly Report.s