Tan Chong Motor Holdings

8 Years Financial Highlights

* - Unaudited



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  • 2016
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  • 2023
(RM'000, UNLESS OTHERWISE STATED)

FOR THE YEAR ENDED 31 DECEMBER

2016 2017 2018 2019 2020 2021 2022 2023
Revenue 5,460,757 4,341,228 4,858,206 4,172,447 2,959,619 2,537,307 3,052,235 2,532,726
Profit/(Loss) before tax (43,080) (72,811) 178,586 114,327 (161,298) 19,134 (14,165) (121,143)
Tax expense (15,954) (23,578) (76,049) (67,635) (15,455) (39,350) (40,696) (12,708)
(Loss)/Profit for the year (59,034) (96,389) 102,537 46,692 (176,753) (20,216) (54,861) (133,851)
(Loss)/Profit attributable to:                
Owners of the Company (54,943) (88,597) 105,932 43,645 (165,580) (15,417) (51,110) (128,742)
Non-controlling interests (4,091) (7,792) (3,395) 3,047 (11,173) (4,799) (3,751) (5,109)
Assets                
Property, plant and equipment 1,863,022 1,825,620 1,773,114 2,250,999 2,311,657 2,317,945 2,414,470 2,371,155
Investment properties 198,766 202,000 207,376 216,725 230,495 229,500 238,990 238,590
Prepaid lease payments 51,343 45,609 43,436 - - - - -
Intangible assets 14,592 14,592 759 759 759 14,546 13,006 100,888
Equity-accounted investees 42,891 45,797 57,914 61,811 75,969 72,374 70,480 66,456
Other investments 1 1 1 - - - - -
Deferred tax assets 62,761 67,098 96,075 95,741 120,384 107,809 93,005 90,966
Hire purchase receivables 460,399 745,066 655,383 551,779 489,860 406,161 359,406 343,799
Finance lease receivables 162 585 - - - - - -
Total non-current assets 2,693,937 2,946,368 2,834,058 3,177,814 3,229,124 3,148,335 3,189,357 3,211,854
Current assets 2,882,708 2,449,274 2,640,647 2,655,401 2,091,368 1,847,592 1,849,003 1,902,461
Total Assets 5,576,645 5,395,642 5,474,705 5,833,215 5,320,492 4,995,927 5,038,360 5,114,315
Share capital 336,000 336,000 336,000 336,000 336,000 336,000 336,000 336,000
Reserves 2,562,520 2,485,161 2,525,874 2,708,944 2,531,552 2,481,423 2,562,229 2,430,434
Treasury shares (25,278) (25,282) (25,283) (25,364) (25,866) (25,901) (25,953) (26,294)
Total equity attributable to owners of the Company 2,873,242 2,795,879 2,836,591 3,019,580 2,841,686 2,791,522 2,872,276 2,740,140
Non-controlling interests (8,952) (14,511) (17,733) (11,548) (16,995) (21,850) (22,598) 1,658
Total equity 2,864,290 2,781,368 2,818,858 3,008,032 2,824,691 2,769,672 2,849,678 2,741,798
Non-current liabilities 975,021 986,104 804,718 926,798 432,381 416,988 742,791 903,479
Current liabilities 1,737,334 1,628,170 1,851,129 1,898,385 2,063,420 1,809,267 1,445,891 1,469,038
Total Equity and Liabilities 5,576,645 5,395,642 5,474,705 5,833,215 5,320,492 4,995,927 5,038,360 5,114,315
Basic (loss)/earnings per share (sen) (8.42) (13.57) 16.23 6.69 (25.38) (2.36) (7.84) (19.75)
Gross dividend per share (sen) 4.00 2.00 3.00 4.00 1.50 1.50 3.00 1.00
Net assets per share (RM) 4.40 4.28 4.35 4.63 4.36 4.28 4.40 4.20
Return on invested capital (%) 0.36% -0.44% 4.63% 2.15% -4.92% -2.61% -1.61% -2.30%
Return on shareholders equity (%) -1.94% -3.13% 3.76% 1.49% -5.65% -0.55% -1.80% -4.59%
Net debt/Equity (%) 54.88% 47.06% 30.82% 42.44% 29.81% 30.31% 28.03% 40.24%