Tan Chong Motor Holdings

Eight-Year Financials

* - Unaudited



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(RM'000, UNLESS OTHERWISE STATED)

FOR THE YEAR ENDED 31 DECEMBER

2017 2018 2019 2020 2021 2022 2023 2024
Revenue 4,341,228 4,858,206 4,172,447 2,959,619 2,537,307 3,052,235 2,532,726 2,082,655
Profit/(Loss) before tax (72,811) 178,586 114,327 (161,298) 19,134 (14,165) (121,143) (214,277)
Tax expense (23,578) (76,049) (67,635) (15,455) (39,350) (40,696) (12,708) (6,528)
(Loss)/Profit for the year (96,389) 102,537 46,692 (176,753) (20,216) (54,861) (133,851) (220,805)
(Loss)/Profit attributable to:                
Owners of the Company (88,597) 105,932 43,645 (165,580) (15,417) (51,110) (128,742) (214,166)
Non-controlling interests (7,792) (3,395) 3,047 (11,173) (4,799) (3,751) (5,109) (6,639)
Assets                
Property, plant and equipment 1,825,620 1,773,114 2,250,999 2,311,657 2,317,945 2,414,470 2,371,155 2,319,140
Investment properties 202,000 207,376 216,725 230,495 229,500 238,990 238,590 237,075
Prepaid lease payments 45,609 43,436 - - - - - -
Intangible assets 14,592 759 759 759 14,546 13,006 100,888 99,678
Equity-accounted investees 45,797 57,914 61,811 75,969 72,374 70,480 66,456 54,941
Other investments 1 1 - - - - - -
Deferred tax assets 67,098 96,075 95,741 120,384 107,809 93,005 90,966 87,899
Hire purchase receivables 745,066 655,383 551,779 489,860 406,161 359,406 343,799 333,584
Finance lease receivables 585 - - - - - - -
Total non-current assets 2,946,368 2,834,058 3,177,814 3,229,124 3,148,335 3,189,357 3,211,854 3,132,317
Current assets 2,449,274 2,640,647 2,655,401 2,091,368 1,847,592 1,849,003 1,902,461 1,960,295
Total Assets 5,395,642 5,474,705 5,833,215 5,320,492 4,995,927 5,038,360 5,114,315 5,092,612
Share capital 336,000 336,000 336,000 336,000 336,000 336,000 336,000 336,000
Reserves 2,485,161 2,525,874 2,708,944 2,531,552 2,481,423 2,562,229 2,430,434 2,201,596
Treasury shares (25,282) (25,283) (25,364) (25,866) (25,901) (25,953) (26,294) (26,443)
Total equity attributable to owners of the Company 2,795,879 2,836,591 3,019,580 2,841,686 2,791,522 2,872,276 2,740,140 2,511,153
Non-controlling interests (14,511) (17,733) (11,548) (16,995) (21,850) (22,598) 1,658 4,585
Total equity 2,781,368 2,818,858 3,008,032 2,824,691 2,769,672 2,849,678 2,741,798 2,515,738
Non-current liabilities 986,104 804,718 926,798 432,381 416,988 742,791 903,479 764,540
Current liabilities 1,628,170 1,851,129 1,898,385 2,063,420 1,809,267 1,445,891 1,469,038 1,812,334
Total Equity and Liabilities 5,395,642 5,474,705 5,833,215 5,320,492 4,995,927 5,038,360 5,114,315 5,092,612
Basic (loss)/earnings per share (sen) (13.57) 16.23 6.69 (25.38) (2.36) (7.84) (19.75) (32.86)
Gross dividend per share (sen) 2.00 3.00 4.00 1.50 1.50 3.00 1.00 1.00
Net assets per share (RM) 4.28 4.35 4.63 4.36 4.28 4.40 4.20 3.85
Return on invested capital (%) -0.44% 4.63% 2.15% -4.92% -2.61% -1.61% -2.30% -5.65%
Return on shareholders equity (%) -3.13% 3.76% 1.49% -5.65% -0.55% -1.80% -4.59% -8.16%
Net debt/Equity (%) 47.06% 30.82% 42.44% 29.81% 30.31% 28.03% 40.24% 49.59%