Income Statement Gromutual

Stocks

9962

MYL9962OO001

Real Estate Development & Operations

Market Closed - BURSA MALAYSIA 04:50:01 2026-10-05 EDT			5-day change	1st Jan Change
0.2500 ^MYR	0.00%		0.00%	-15.25%

08-17	Gromutual Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08-17	Gromutual Berhad Announces the Redesignation of Tan Chia Hon as Non Independent and Non Executive Chairman of Remuneration Committee, Effective September 1, 2026	CI

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Published financial data: GROMUTUAL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	53.63M	54.19M	78.87M	51.74M	98.07M
Total Revenues	53.63M	54.19M	78.87M	51.74M	98.07M
Cost of Goods Sold, Total	29.94M	28.2M	41.92M	25.21M	50.65M
Gross Profit	23.69M	25.99M	36.95M	26.53M	47.41M
Selling General & Admin Expenses, Total	11.59M	13.84M	13.61M	13.99M	15.09M
Other Operating Expenses, Total	11.59M	13.84M	13.61M	13.99M	15.09M
Operating Income	12.1M	12.16M	23.34M	12.54M	32.32M
Interest Expense, Total	-1.03M	-958K	-890K	-2.44M	-1.68M
Interest And Investment Income	71.67K	60.36K	81.03K	144K	477K
Net Interest Expenses	-963K	-898K	-809K	-2.29M	-1.2M
Other Non Operating Income (Expenses)	1.07M	1.72M	-1.07M	1.99M	2.36M
EBT, Excl. Unusual Items	12.21M	12.98M	21.46M	12.23M	33.48M
Gain (Loss) On Sale Of Assets	4.07M	-	58.66K	989K	6.12M
Asset Writedown	-	-	-	10.52M	2.63M
EBT, Incl. Unusual Items	16.29M	12.98M	21.52M	23.74M	42.23M
Income Tax Expense	3.79M	3.87M	5.83M	6.1M	3.63M
Earnings From Continuing Operations	12.49M	9.11M	15.69M	17.64M	38.6M
Net Income to Company	12.49M	9.11M	15.69M	17.64M	38.6M
Net Income - (IS)	12.49M	9.11M	15.69M	17.64M	38.6M
Net Income to Common Incl Extra Items	12.49M	9.11M	15.69M	17.64M	38.6M
Net Income to Common Excl. Extra Items	12.49M	9.11M	15.69M	17.64M	38.6M
Per Share Items
Net EPS - Basic	0.03	0.02	0.04	0.05	0.1
Basic EPS - Continuing Operations	0.03	0.02	0.04	0.05	0.1
Basic Weighted Average Shares Outstanding	376M	376M	376M	376M	376M
Net EPS - Diluted	0.03	0.02	0.04	0.05	0.1
Diluted EPS - Continuing Operations	0.03	0.02	0.04	0.05	0.1
Diluted Weighted Average Shares Outstanding	376M	376M	376M	376M	376M
Normalized Basic EPS	0.02	0.02	0.04	0.02	0.06
Normalized Diluted EPS	0.02	0.02	0.04	0.02	0.06
Dividend Per Share	0.01	0	0.01	0	0.01
Payout Ratio	30.07	20.61	23.94	10.64	9.73
Supplemental Items
EBITDA	12.57M	12.56M	23.73M	12.99M	32.8M
EBITA	12.1M	12.16M	23.34M	12.54M	32.32M
EBIT	12.1M	12.16M	23.34M	12.54M	32.32M
EBITDAR	12.69M	12.64M	23.84M	13M	32.81M
Effective Tax Rate - (Ratio)	23.3	29.82	27.08	25.69	8.59
Current Domestic Taxes	3.62M	4M	5.83M	5.59M	3.17M
Total Current Taxes	3.62M	4M	5.83M	5.59M	3.17M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-269K	-128K	-672	158K	-348K
Normalized Net Income	7.63M	8.11M	13.41M	7.64M	20.92M
Interest Capitalized	897K	992K	1.41M	277K	917K
Interest on Long-Term Debt	4.03K	9.22K	20.85K	13.8K	10.54K
Supplemental Operating Expense Items
General and Administrative Expenses	11.59M	13.84M	13.61M	13.99M	15.09M
Net Rental Expense, Total	113K	83.5K	111K	4.8K	4.8K
Imputed Operating Lease Interest Expense	28.85K	18.53K	27.25K	1.26K	1.19K
Imputed Operating Lease Depreciation	83.8K	64.97K	84.15K	3.54K	3.61K

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	27.21M	47.45M	61.15M	58.97M	65.27M
Total Cash And Short Term Investments	27.21M	47.45M	61.15M	58.97M	65.27M
Accounts Receivable, Total	10.72M	6.6M	8.6M	10.44M	1.81M
Other Receivables	9.51M	3.08M	2.18M	2.25M	1.58M
Total Receivables	20.24M	9.68M	10.78M	12.69M	3.39M
Inventory	102M	104M	93.18M	132M	111M
Prepaid Expenses	153K	201K	148K	176K	168K
Other Current Assets, Total	5.74M	3.06M	8.1M	28.32M	2.69M
Total Current Assets	156M	164M	173M	232M	183M
Gross Property Plant And Equipment	11.05M	9.83M	10.08M	10.09M	10.17M
Accumulated Depreciation	-6.6M	-4.96M	-5.02M	-5.34M	-5.45M
Net Property Plant And Equipment	4.46M	4.87M	5.06M	4.75M	4.72M
Other Long-Term Assets, Total	291M	315M	316M	302M	355M
Total Assets	451M	484M	494M	539M	543M
Liabilities
Accounts Payable, Total	4.62M	6.02M	5.92M	10.52M	5.91M
Accrued Expenses, Total	1.09M	3.96M	7.58M	-	2.9M
Short-term Borrowings	51.65M	43.23M	36.76M	49.88M	30.32M
Current Portion of Long-Term Debt	2.6M	2.72M	3.03M	6.19M	4.26M
Current Portion of Leases	67.12K	94.48K	172K	219K	290K
Current Income Taxes Payable	648K	869K	982K	1.68M	637K
Unearned Revenue Current, Total	548K	1.61M	348K	195K	56.34K
Other Current Liabilities	1.96M	2.89M	2.95M	11.43M	4.85M
Total Current Liabilities	63.19M	61.38M	57.73M	80.12M	49.22M
Long-Term Debt	6.47M	33.33M	30.29M	38.09M	37.27M
Long-Term Leases	0	429K	678K	582K	640K
Deferred Tax Liability Non Current	7.15M	7.02M	7.02M	6.66M	6.83M
Other Non Current Liabilities	-	-	4.2M	3.68M	3.85M
Total Liabilities	76.81M	102M	99.93M	129M	97.81M
Common Stock, Total	188M	188M	188M	188M	188M
Retained Earnings	187M	194M	206M	222M	256M
Comprehensive Income and Other	-	-	516K	516K	516K
Total Common Equity	375M	382M	394M	410M	445M
Total Equity	375M	382M	394M	410M	445M
Total Liabilities And Equity	451M	484M	494M	539M	543M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	376M	376M	376M	376M	376M
ECS Total Common Shares Outstanding	376M	376M	376M	376M	376M
Book Value / Share	1	1.02	1.05	1.09	1.18
Tangible Book Value	375M	382M	394M	410M	445M
Tangible Book Value Per Share	1	1.02	1.05	1.09	1.18
Total Debt	60.79M	79.8M	70.93M	94.96M	72.78M
Net Debt	33.58M	32.34M	9.79M	35.98M	7.51M
Debt Equivalent Oper. Leases	901K	668K	891K	38.4K	38.4K
Account Code - Inventory Valuation	8	8	8	8	8
Inventories - Raw Materials, Total	55.11M	60.43M	37.53M	80.91M	56.05M
Inventories - Finished Goods, Total	47.16M	43.45M	55.65M	50.89M	55.12M
Buildings, Total	2.66M	2.66M	2.15M	2.15M	2.15M
Machinery, Total	6.08M	4.49M	4.53M	4.55M	4.19M
Full Time Employees	-	55	-	-	-

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	12.49M	9.11M	15.69M	17.64M	38.6M
Depreciation & Amortization - CF	583K	539K	559K	715K	756K
Depreciation & Amortization, Total	583K	539K	559K	715K	756K
Other Operating Activities, Total	-8.61M	4.41M	11.04M	-31.26M	17.64M
Cash from Operations	4.47M	14.06M	27.29M	-12.9M	57M
Capital Expenditure	-132K	-500K	-820K	-267K	-457K
Sale of Property, Plant, and Equipment	-	733K	85.5K	125K	11.11M
Sale (Purchase) of Real Estate properties	1.2M	6.3M	-	-11.06M	-35.56M
Other Investing Activities, Total	71.67K	60.36K	81.03K	144K	477K
Cash from Investing	1.14M	6.59M	-654K	-11.06M	-24.43M
Short Term Debt Issued, Total	3.58M	2M	1M	4.93M	20M
Long-Term Debt Issued, Total	-	12.5M	-	14.16M	4.4M
Total Debt Issued	3.58M	14.5M	1M	19.09M	24.4M
Short Term Debt Repaid, Total	-	-6.15M	-3.73M	-	-18.56M
Long-Term Debt Repaid, Total	-5.6M	-2.64M	-2.74M	-3.64M	-27.39M
Total Debt Repaid	-5.6M	-8.78M	-6.47M	-3.64M	-45.95M
Common Dividends Paid	-3.76M	-1.88M	-3.76M	-1.88M	-3.76M
Common & Preferred Stock Dividends Paid	-3.76M	-1.88M	-3.76M	-1.88M	-3.76M
Cash from Financing	-5.77M	3.84M	-9.23M	13.57M	-25.3M
Net Change in Cash	-160K	24.5M	17.41M	-10.4M	7.27M
Supplemental Items
Cash Interest Paid	1.89M	1.87M	2.3M	2.46M	2.94M
Cash Income Tax Paid (Refund)	5.91M	4.75M	5.68M	5.26M	4.39M
Levered Free Cash Flow	8.26M	25.09M	20.81M	-47.94M	65.52M
Unlevered Free Cash Flow	8.9M	25.69M	21.37M	-46.42M	66.57M
Change In Net Working Capital	-890K	-18.05M	-7.04M	54.7M	-46.07M
Net Debt Issued / Repaid	-2.01M	5.72M	-5.47M	15.45M	-21.55M

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	1.67	1.62	2.98	1.52	3.73
Return on Total Capital	1.76	1.69	3.15	1.62	3.95
Return On Equity %	3.38	2.41	4.04	4.39	9.03
Return on Common Equity	3.38	2.41	4.04	4.39	9.03
Margin Analysis
Gross Profit Margin %	44.18	47.96	46.85	51.28	48.35
SG&A Margin	21.61	25.53	17.25	27.04	15.39
EBITDA Margin %	23.44	23.18	30.09	25.11	33.45
EBITA Margin %	22.57	22.43	29.6	24.24	32.96
EBIT Margin %	22.57	22.43	29.6	24.24	32.96
Income From Continuing Operations Margin %	23.29	16.81	19.89	34.1	39.36
Net Income Margin %	23.29	16.81	19.89	34.1	39.36
Net Avail. For Common Margin %	23.29	16.81	19.89	34.1	39.36
Normalized Net Income Margin	14.23	14.97	17.01	14.78	21.33
Levered Free Cash Flow Margin	15.4	46.3	26.39	-92.67	66.81
Unlevered Free Cash Flow Margin	16.6	47.4	27.09	-89.72	67.89
Asset Turnover
Asset Turnover	0.12	0.12	0.16	0.1	0.18
Fixed Assets Turnover	11.45	11.62	15.88	10.55	20.72
Receivables Turnover (Average Receivables)	2.92	6.26	10.38	5.43	16.01
Inventory Turnover (Average Inventory)	0.29	0.27	0.43	0.22	0.42
Short Term Liquidity
Current Ratio	2.46	2.68	3	2.9	3.71
Quick Ratio	0.75	0.93	1.25	0.89	1.4
Operating Cash Flow to Current Liabilities	0.07	0.23	0.47	-0.16	1.16
Days Sales Outstanding (Average Receivables)	124.88	58.35	35.18	67.36	22.79
Days Outstanding Inventory (Average Inventory)	1.27K	1.33K	857.92	1.63K	875.37
Average Days Payable Outstanding	101.52	65.14	69.77	47.13	99.88
Cash Conversion Cycle (Average Days)	1.29K	1.33K	823.33	1.65K	798.28
Long Term Solvency
Total Debt/Equity	16.23	20.9	17.99	23.16	16.36
Total Debt / Total Capital	13.96	17.29	15.25	18.81	14.06
LT Debt/Equity	1.73	8.84	7.86	9.43	8.52
Long-Term Debt / Total Capital	1.49	7.31	6.66	7.66	7.32
Total Liabilities / Total Assets	17.02	21.11	20.22	23.95	18.02
EBIT / Interest Expense	11.7	12.69	26.23	5.14	19.22
EBITDA / Interest Expense	12.26	13.25	26.85	5.43	19.67
(EBITDA - Capex) / Interest Expense	12.13	12.73	25.93	5.32	19.4
Total Debt / EBITDA	4.79	6.29	2.97	7.16	2.2
Net Debt / EBITDA	2.65	2.55	0.41	2.71	0.23
Total Debt / (EBITDA - Capex)	4.84	6.54	3.07	7.31	2.23
Net Debt / (EBITDA - Capex)	2.68	2.65	0.42	2.77	0.23
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-20.96	1.05	45.54	-34.4	89.55
Gross Profit, 1 Yr. Growth %	-18.78	9.7	42.16	-28.2	78.71
EBITDA, 1 Yr. Growth %	-25.28	-0.1	88.95	-45.26	152.49
EBITA, 1 Yr. Growth %	-25.89	0.44	92.04	-46.28	157.77
EBIT, 1 Yr. Growth %	-25.89	0.44	92.04	-46.28	157.77
Earnings From Cont. Operations, 1 Yr. Growth %	27.39	-27.08	72.23	12.45	118.78
Net Income, 1 Yr. Growth %	27.39	-27.08	72.23	12.45	118.78
Normalized Net Income, 1 Yr. Growth %	-23.7	6.29	73.82	-43	173.69
Diluted EPS Before Extra, 1 Yr. Growth %	27.39	-27.08	72.23	12.45	118.79
Accounts Receivable, 1 Yr. Growth %	-58.71	-38.45	30.33	21.39	-82.7
Inventory, 1 Yr. Growth %	-3.45	1.57	-10.3	41.45	-15.66
Net Property, Plant and Equip., 1 Yr. Growth %	-9.21	9.35	3.85	-6.12	-0.75
Total Assets, 1 Yr. Growth %	-0.26	7.22	2.11	9.1	0.65
Tangible Book Value, 1 Yr. Growth %	2.39	1.93	3.26	4	8.5
Common Equity, 1 Yr. Growth %	2.39	1.93	3.26	4	8.5
Cash From Operations, 1 Yr. Growth %	1.27K	214.58	94.03	-147.28	-541.74
Capital Expenditures, 1 Yr. Growth %	43.75	278.23	63.87	-67.42	71.1
Levered Free Cash Flow, 1 Yr. Growth %	-222.83	203.81	-17.05	-330.36	-236.67
Unlevered Free Cash Flow, 1 Yr. Growth %	-252.33	188.48	-16.81	-317.23	-243.42
Dividend Per Share, 1 Yr. Growth %	100	-50	100	-50	100
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.57	-10.63	21.27	-2.29	11.51
Gross Profit, 2 Yr. CAGR %	-13.03	-5.61	24.88	1.03	13.28
EBITDA, 2 Yr. CAGR %	-10.56	-13.6	37.39	1.7	17.57
EBITA, 2 Yr. CAGR %	-10.63	-13.73	38.88	1.57	17.67
EBIT, 2 Yr. CAGR %	-10.63	-13.73	38.88	1.57	17.67
Earnings From Cont. Operations, 2 Yr. CAGR %	4.46	-3.62	12.07	39.16	56.85
Net Income, 2 Yr. CAGR %	4.46	-3.62	12.07	39.16	56.85
Normalized Net Income, 2 Yr. CAGR %	-9.89	-9.94	32.55	-0.47	24.9
Diluted EPS Before Extra, 2 Yr. CAGR %	4.46	-3.62	12.07	39.17	56.85
Accounts Receivable, 2 Yr. CAGR %	32.81	-49.59	-10.43	25.78	-54.18
Inventory, 2 Yr. CAGR %	-3.01	-0.97	-4.55	12.64	9.23
Net Property, Plant and Equip., 2 Yr. CAGR %	-10.01	-0.36	6.57	-1.26	-3.47
Total Assets, 2 Yr. CAGR %	0.18	3.41	4.63	5.55	4.79
Tangible Book Value, 2 Yr. CAGR %	2.3	2.16	2.59	3.63	6.23
Common Equity, 2 Yr. CAGR %	2.3	2.16	2.59	3.63	6.23
Cash From Operations, 2 Yr. CAGR %	-12.64	556.55	147.06	-4.22	44.52
Capital Expenditures, 2 Yr. CAGR %	0.96	133.18	148.96	-26.93	-25.34
Levered Free Cash Flow, 2 Yr. CAGR %	141.56	93.18	58.75	38.24	77.43
Unlevered Free Cash Flow, 2 Yr. CAGR %	275.79	109.63	54.91	34.43	76.51
Dividend Per Share, 2 Yr. CAGR %	41.42	0	0	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.84	-2.73	5.14	-1.19	21.86
Gross Profit, 3 Yr. CAGR %	-2.33	-6.03	8.2	3.84	22.19
EBITDA, 3 Yr. CAGR %	8.05	-7.2	12.15	1.1	37.71
EBITA, 3 Yr. CAGR %	10.2	-7.08	12.65	1.19	38.54
EBIT, 3 Yr. CAGR %	10.2	-7.08	12.65	1.19	38.54
Earnings From Cont. Operations, 3 Yr. CAGR %	31.04	-7.33	16.96	12.2	61.82
Net Income, 3 Yr. CAGR %	31.04	-7.33	16.96	12.2	61.82
Normalized Net Income, 3 Yr. CAGR %	8.9	-4.79	10.26	0.05	39.44
Diluted EPS Before Extra, 3 Yr. CAGR %	31.04	-7.33	16.96	12.2	61.82
Accounts Receivable, 3 Yr. CAGR %	31.48	2.78	-30.81	-0.88	-35.08
Inventory, 3 Yr. CAGR %	1.02	-1.51	-4.18	8.82	2.28
Net Property, Plant and Equip., 3 Yr. CAGR %	-9.69	-3.97	1.03	2.16	-1.09
Total Assets, 3 Yr. CAGR %	0.74	2.47	2.98	6.1	3.89
Tangible Book Value, 3 Yr. CAGR %	2.45	2.18	2.53	3.06	5.23
Common Equity, 3 Yr. CAGR %	2.45	2.18	2.53	3.06	5.23
Cash From Operations, 3 Yr. CAGR %	-14.82	33.91	337.33	42.38	59.44
Capital Expenditures, 3 Yr. CAGR %	-59.03	56.8	107.31	26.4	-2.97
Levered Free Cash Flow, 3 Yr. CAGR %	115.42	160.75	45.74	79.73	37.71
Unlevered Free Cash Flow, 3 Yr. CAGR %	547.21	244.08	54.05	73.39	37.36
Dividend Per Share, 3 Yr. CAGR %	25.99	0	25.99	-20.63	25.99
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-10.14	-3.82	9.21	-2.55	7.64
Gross Profit, 5 Yr. CAGR %	-12.3	-4.86	7.76	-3.27	10.2
EBITDA, 5 Yr. CAGR %	-17.03	-7.79	18.95	-3.73	14.29
EBITA, 5 Yr. CAGR %	-17.26	-7.65	20.89	-3.71	14.63
EBIT, 5 Yr. CAGR %	-17.26	-7.65	20.89	-3.71	14.63
Earnings From Cont. Operations, 5 Yr. CAGR %	-11.66	-14.64	23.1	9.04	31.53
Net Income, 5 Yr. CAGR %	-11.66	-14.64	23.1	9.04	31.53
Normalized Net Income, 5 Yr. CAGR %	-17.56	-7.69	17.81	-4.05	15.9
Diluted EPS Before Extra, 5 Yr. CAGR %	-11.66	-14.64	23.1	9.04	31.53
Accounts Receivable, 5 Yr. CAGR %	15.46	-7.6	12.76	11.42	-41.33
Inventory, 5 Yr. CAGR %	0.86	2.45	-1.24	3.92	0.97
Net Property, Plant and Equip., 5 Yr. CAGR %	16.46	-1.87	-3.51	-2.9	-0.8
Total Assets, 5 Yr. CAGR %	1.37	2.06	2.28	3.69	3.7
Tangible Book Value, 5 Yr. CAGR %	2.37	1.99	2.51	2.76	3.99
Common Equity, 5 Yr. CAGR %	2.37	1.99	2.51	2.76	3.99
Cash From Operations, 5 Yr. CAGR %	-14.95	0.25	30.42	17.11	180.84
Capital Expenditures, 5 Yr. CAGR %	-12.24	-10.07	-15.69	15.53	37.79
Levered Free Cash Flow, 5 Yr. CAGR %	50.92	21.91	90.66	102.29	57.68
Unlevered Free Cash Flow, 5 Yr. CAGR %	40.65	21	265.31	136.26	62.67
Dividend Per Share, 5 Yr. CAGR %	-12.94	-12.94	14.87	0	14.87