Income Statement Ornapaper

Stocks

ORNA

MYL5065OO007

Paper Packaging

Market Closed - BURSA MALAYSIA Other stock markets 04:50:01 2026-07-24 EDT			5-day change	1st Jan Change
0.8650 ^MYR	-0.57%		+32.06%	+19.31%

05-29	Ornapaper Berhad Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
02-26	Ornapaper Berhad Proposes Single-Tier Final Dividend for the Financial Year Ended 31 December 2025, Payable on 07 May 2026	CI

2fd649323.KKhvPq9HDtGfHFxOGZ1r6db-a4m4d3P4JCYuMVIG-L0.EMkZT_YvaaX2Xxc4X68xnqS0KMHdRyLPT3ZhYB1xqOUexSJygiNsiNVMEQ

Published financial data: ORNAPAPER

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	316M	329M	278M	297M	299M
Total Revenues	316M	329M	278M	297M	299M
Cost of Goods Sold, Total	280M	295M	242M	260M	264M
Gross Profit	36.46M	33.58M	36.12M	37.35M	35.47M
Selling General & Admin Expenses, Total	27.62M	27.82M	21.22M	21.31M	23.32M
Provision for Bad Debts	-332K	908K	675K	150K	-37K
Other Operating Expenses	-1.53M	-1.2M	5.22M	6.81M	7.02M
Other Operating Expenses, Total	25.76M	27.52M	27.12M	28.27M	30.31M
Operating Income	10.7M	6.06M	9.01M	9.08M	5.16M
Interest Expense, Total	-1.93M	-2.27M	-2.58M	-2.8M	-2.42M
Interest And Investment Income	960K	834K	1.01M	1.52M	1.27M
Net Interest Expenses	-970K	-1.44M	-1.56M	-1.28M	-1.15M
Currency Exchange Gains (Loss)	234K	336K	143K	99K	71K
Other Non Operating Income (Expenses)	-465K	-438K	-375K	-435K	-420K
EBT, Excl. Unusual Items	9.5M	4.52M	7.22M	7.46M	3.67M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	174K	330K	134K	610K	248K
Asset Writedown	-2.24M	-760K	-	-337K	-353K
Insurance Settlements	50K	150K	228K	38K	6K
Other Unusual Items	27K	15K	1K	3K	-
EBT, Incl. Unusual Items	7.51M	4.26M	7.58M	7.78M	3.57M
Income Tax Expense	2.32M	1.65M	1.06M	2.07M	473K
Earnings From Continuing Operations	5.18M	2.61M	6.52M	5.71M	3.09M
Net Income to Company	5.18M	2.61M	6.52M	5.71M	3.09M
Minority Interest	-132K	-131K	50K	-72K	-89K
Net Income - (IS)	5.05M	2.48M	6.57M	5.64M	3M
Net Income to Common Incl Extra Items	5.05M	2.48M	6.57M	5.64M	3M
Net Income to Common Excl. Extra Items	5.05M	2.48M	6.57M	5.64M	3M
Per Share Items
Net EPS - Basic	0.07	0.03	0.09	0.08	0.04
Basic EPS - Continuing Operations	0.07	0.03	0.09	0.08	0.04
Basic Weighted Average Shares Outstanding	74.15M	74.15M	74.15M	74.15M	74.15M
Net EPS - Diluted	0.07	0.03	0.09	0.08	0.04
Diluted EPS - Continuing Operations	0.07	0.03	0.09	0.08	0.04
Diluted Weighted Average Shares Outstanding	74.15M	74.15M	74.15M	74.15M	74.15M
Normalized Basic EPS	0.08	0.04	0.06	0.06	0.03
Normalized Diluted EPS	0.08	0.04	0.06	0.06	0.03
Dividend Per Share	0.02	0.01	0.02	0.02	0.02
Payout Ratio	47.72	59.89	11.3	26.3	49.35
Supplemental Items
EBITDA	24.06M	20.59M	23.25M	23.13M	20.18M
EBITA	10.7M	6.06M	9.01M	9.08M	5.16M
EBIT	10.7M	6.06M	9.01M	9.08M	5.16M
EBITDAR	24.58M	21.2M	23.96M	23.88M	20.95M
Effective Tax Rate - (Ratio)	30.96	38.73	14	26.58	13.26
Current Domestic Taxes	627K	1.45M	1.45M	-	-
Total Current Taxes	627K	1.45M	1.45M	1.63M	1.16M
Deferred Domestic Taxes	1.7M	197K	-389K	-	-
Total Deferred Taxes	1.7M	197K	-389K	434K	-683K
Normalized Net Income	5.8M	2.69M	4.56M	4.59M	2.2M
Interest on Long-Term Debt	521K	371K	276K	220K	136K
Supplemental Operating Expense Items
Selling and Marketing Expenses	4.64M	4.36M	3.82M	3.96M	4.54M
General and Administrative Expenses	22.98M	23.46M	17.4M	17.35M	18.78M
Net Rental Expense, Total	527K	609K	707K	756K	772K
Imputed Operating Lease Interest Expense	107K	142K	197K	200K	148K
Imputed Operating Lease Depreciation	420K	467K	510K	556K	624K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	54.1M	46.9M	60.75M	62.72M	67.46M
Short Term Investments	1.19M	1.21M	1.23M	1.26M	1.45M
Total Cash And Short Term Investments	55.29M	48.1M	61.98M	63.98M	68.92M
Accounts Receivable, Total	78.43M	66.76M	58.74M	65.11M	69.67M
Other Receivables	1.7M	2.84M	2.96M	2.59M	580K
Total Receivables	80.13M	69.6M	61.69M	67.7M	70.25M
Inventory	67.78M	60.35M	50.98M	60.63M	55.74M
Prepaid Expenses	1.65M	1.44M	2.21M	1.16M	1.58M
Other Current Assets, Total	9.78M	7.38M	10.63M	6.72M	5.42M
Total Current Assets	215M	187M	187M	200M	202M
Gross Property Plant And Equipment	249M	281M	290M	302M	317M
Accumulated Depreciation	-145M	-158M	-171M	-180M	-193M
Net Property Plant And Equipment	105M	123M	119M	121M	124M
Goodwill	1.63M	1.63M	1.63M	1.63M	1.63M
Other Intangibles, Total	-	-	-	-	-
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	-	-	-	25.28M	25.93M
Total Assets	321M	312M	308M	348M	353M
Liabilities
Accounts Payable, Total	28.96M	15.18M	18.19M	18.54M	24.19M
Accrued Expenses, Total	8.43M	6.98M	7.42M	8.29M	8.89M
Short-term Borrowings	65.6M	61.3M	49.58M	56.08M	58.16M
Current Portion of Long-Term Debt	1.12M	1.4M	727K	1.77M	2.99M
Current Portion of Leases	3.39M	2.26M	2.15M	2M	1.7M
Current Income Taxes Payable	29K	-	-	-	207K
Other Current Liabilities	5.29M	5.9M	5.78M	6.22M	5.4M
Total Current Liabilities	113M	93.02M	83.85M	92.9M	102M
Long-Term Debt	820K	11.43M	12.06M	39.96M	36.87M
Long-Term Leases	5.02M	3.7M	2.96M	1.97M	250K
Deferred Tax Liability Non Current	10.45M	10.64M	10.26M	10.69M	10.01M
Total Liabilities	129M	119M	109M	146M	149M
Common Stock, Total	86.41M	86.41M	86.41M	86.41M	86.41M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	104M	105M	111M	115M	117M
Treasury Stock	-541K	-541K	-541K	-541K	-541K
Total Common Equity	190M	191M	197M	201M	203M
Minority Interest	1.74M	1.8M	1.69M	1.76M	2.08M
Total Equity	192M	193M	199M	203M	205M
Total Liabilities And Equity	321M	312M	308M	348M	353M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	74.15M	74.15M	74.15M	74.15M	74.15M
ECS Total Common Shares Outstanding	74.15M	74.15M	74.15M	74.15M	74.15M
Book Value / Share	2.56	2.58	2.66	2.71	2.73
Tangible Book Value	189M	190M	195M	200M	201M
Tangible Book Value Per Share	2.54	2.56	2.63	2.69	2.71
Total Debt	75.94M	80.09M	67.48M	102M	99.96M
Net Debt	20.65M	31.99M	5.5M	37.8M	31.05M
Debt Equivalent Oper. Leases	4.22M	4.87M	5.66M	6.05M	6.18M
Minority Interest, Total (Incl. Fin. Div)	1.74M	1.8M	1.69M	1.76M	2.08M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	53.19M	49.44M	41.27M	38.45M	35.93M
Inventories - Work In Process, Total	2.4M	1.85M	1.94M	14.27M	14.44M
Inventories - Finished Goods, Total	12.18M	9.06M	8.73M	8.69M	6M
Land - (BS)	-	2.71M	2.71M	-	-
Buildings, Total	50.48M	58.8M	60.74M	58.83M	59.35M
Machinery, Total	154M	170M	186M	201M	207M
Full Time Employees	936	922	951	966	925
Accumulated Allowance for Doubtful Accounts (Supple)	817K	1.66M	2.32M	1.99M	1.89M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	5.05M	2.48M	6.57M	5.64M	3M
Depreciation & Amortization - CF	16.48M	16.4M	15.57M	15.51M	16.41M
Depreciation & Amortization, Total	16.48M	16.4M	15.57M	15.51M	16.41M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-157K	-330K	-134K	-610K	-248K
Asset Writedown & Restructuring Costs	2.25M	769K	-	337K	353K
Provision and Write-off of Bad Debts	-332K	926K	675K	150K	-37K
Other Operating Activities, Total	-1.66M	439K	1.17M	2.05M	2.61M
Change In Accounts Receivable	1.95M	10.98M	6.6M	-5.56M	-4.93M
Change In Inventories	-15.05M	7.43M	9.36M	3.6M	5.27M
Change In Accounts Payable	2.3M	-15.53M	4.12M	1.21M	7.06M
Change in Other Net Operating Assets	-156K	-32K	-164K	-11.05M	17K
Cash from Operations	10.67M	23.53M	43.77M	11.28M	29.51M
Capital Expenditure	-13.78M	-27.71M	-12.63M	-39.01M	-19.63M
Sale of Property, Plant, and Equipment	523K	500K	151K	1.06M	255K
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	3.35M	-2.79M	248K	1.41M	1.2M
Cash from Investing	-9.91M	-30M	-12.24M	-36.53M	-18.17M
Short Term Debt Issued, Total	3.44M	-	222K	7.13M	2.47M
Long-Term Debt Issued, Total	-	12.24M	1.1M	30.5M	-
Total Debt Issued	3.44M	12.24M	1.33M	37.63M	2.47M
Short Term Debt Repaid, Total	-6K	-4.76M	-12.03M	-157K	-12K
Long-Term Debt Repaid, Total	-4.97M	-4.84M	-3.6M	-4.69M	-4.08M
Total Debt Repaid	-4.97M	-9.6M	-15.63M	-4.84M	-4.09M
Common Dividends Paid	-2.41M	-1.48M	-742K	-1.48M	-1.48M
Common & Preferred Stock Dividends Paid	-2.41M	-1.48M	-742K	-1.48M	-1.48M
Other Financing Activities, Total	-2M	-2.34M	-2.74M	-3.59M	-2.95M
Cash from Financing	-5.94M	-1.19M	-17.78M	27.71M	-6.05M
Foreign Exchange Rate Adjustments	-5K	-14K	6K	-13K	-7K
Net Change in Cash	-5.18M	-7.67M	13.76M	2.44M	5.28M
Supplemental Items
Cash Interest Paid	1.93M	2.27M	2.58M	3.59M	3.18M
Cash Income Tax Paid (Refund)	4.78M	2.69M	1.5M	1.21M	-1.04M
Levered Free Cash Flow	-14.98M	-3.03M	23.57M	-28.63M	7.36M
Unlevered Free Cash Flow	-13.78M	-1.61M	25.18M	-26.88M	8.87M
Change In Net Working Capital	23.17M	-5.91M	-16.61M	9.06M	-8.86M
Net Debt Issued / Repaid	-1.53M	2.64M	-14.31M	32.79M	-1.62M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.09	1.2	1.82	1.73	0.92
Return on Total Capital	2.51	1.4	2.09	1.99	1.06
Return On Equity %	2.72	1.35	3.33	2.84	1.52
Return on Common Equity	2.67	1.3	3.38	2.83	1.49
Margin Analysis
Gross Profit Margin %	11.52	10.21	12.97	12.57	11.86
SG&A Margin	8.73	8.46	7.62	7.18	7.8
EBITDA Margin %	7.6	6.26	8.35	7.79	6.75
EBITA Margin %	3.38	1.84	3.24	3.06	1.73
EBIT Margin %	3.38	1.84	3.24	3.06	1.73
Income From Continuing Operations Margin %	1.64	0.79	2.34	1.92	1.03
Net Income Margin %	1.6	0.75	2.36	1.9	1
Net Avail. For Common Margin %	1.6	0.75	2.36	1.9	1
Normalized Net Income Margin	1.83	0.82	1.64	1.55	0.74
Levered Free Cash Flow Margin	-4.74	-0.92	8.47	-9.64	2.46
Unlevered Free Cash Flow Margin	-4.36	-0.49	9.04	-9.05	2.97
Asset Turnover
Asset Turnover	0.99	1.04	0.9	0.91	0.85
Fixed Assets Turnover	2.87	2.89	2.3	2.48	2.44
Receivables Turnover (Average Receivables)	4	4.53	4.44	4.8	4.44
Inventory Turnover (Average Inventory)	4.65	4.61	4.35	4.65	4.53
Short Term Liquidity
Current Ratio	1.9	2.01	2.24	2.15	1.99
Quick Ratio	1.2	1.27	1.47	1.42	1.37
Operating Cash Flow to Current Liabilities	0.09	0.25	0.52	0.12	0.29
Days Sales Outstanding (Average Receivables)	91.27	80.56	82.26	76.3	82.25
Days Outstanding Inventory (Average Inventory)	78.42	79.17	83.85	78.65	80.57
Average Days Payable Outstanding	33.51	27.98	25.85	24.95	30.14
Cash Conversion Cycle (Average Days)	136.18	131.75	140.26	130	132.68
Long Term Solvency
Total Debt/Equity	39.57	41.5	33.96	50.16	48.82
Total Debt / Total Capital	28.35	29.33	25.35	33.41	32.81
LT Debt/Equity	3.04	7.84	7.56	20.67	18.13
Long-Term Debt / Total Capital	2.18	5.54	5.64	13.76	12.18
Total Liabilities / Total Assets	40.22	38.1	35.45	41.77	42.07
EBIT / Interest Expense	5.54	2.67	3.5	3.24	2.13
EBITDA / Interest Expense	14.09	9.89	9.54	8.77	8.91
(EBITDA - Capex) / Interest Expense	6.95	-2.31	4.64	-5.14	0.8
Total Debt / EBITDA	2.79	3.57	2.75	4.14	4.63
Net Debt / EBITDA	0.76	1.42	0.22	1.54	1.44
Total Debt / (EBITDA - Capex)	5.66	-15.28	5.65	-7.06	51.34
Net Debt / (EBITDA - Capex)	1.54	-6.1	0.46	-2.62	15.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.94	3.97	-15.35	6.69	0.69
Gross Profit, 1 Yr. Growth %	-25.86	-7.87	7.56	3.4	-5.04
EBITDA, 1 Yr. Growth %	-34.72	-19.92	12.91	-0.54	-12.75
EBITA, 1 Yr. Growth %	-53.11	-43.36	48.66	0.79	-43.12
EBIT, 1 Yr. Growth %	-53.11	-43.36	48.66	0.79	-43.12
Earnings From Cont. Operations, 1 Yr. Growth %	-64.45	-49.69	149.98	-12.37	-45.82
Net Income, 1 Yr. Growth %	-64.99	-50.97	165.23	-14.13	-46.71
Normalized Net Income, 1 Yr. Growth %	-54.91	-53.59	69.24	0.75	-52.06
Diluted EPS Before Extra, 1 Yr. Growth %	-65.04	-51.47	168.36	-14.18	-46.68
Accounts Receivable, 1 Yr. Growth %	-1.69	-14.88	-12.02	10.86	7
Inventory, 1 Yr. Growth %	29.12	-10.96	-15.53	18.94	-8.06
Net Property, Plant and Equip., 1 Yr. Growth %	-9.36	17.66	-3.7	2.22	2.16
Total Assets, 1 Yr. Growth %	0.49	-2.88	-1.27	13.2	1.43
Tangible Book Value, 1 Yr. Growth %	1.42	0.53	3.07	2.13	0.76
Common Equity, 1 Yr. Growth %	1.41	0.52	3.05	2.11	0.76
Cash From Operations, 1 Yr. Growth %	-72.65	120.5	86.01	-74.23	161.69
Capital Expenditures, 1 Yr. Growth %	2.98	101.1	-54.4	208.76	-49.69
Levered Free Cash Flow, 1 Yr. Growth %	-150.49	-79.8	-878.51	-221.48	-125.7
Unlevered Free Cash Flow, 1 Yr. Growth %	-143.75	-88.33	-1.67K	-206.75	-133
Dividend Per Share, 1 Yr. Growth %	-38.46	-50	100	0	-25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.32	2.45	-6.19	-4.97	3.64
Gross Profit, 2 Yr. CAGR %	-13.64	-17.36	-0.45	5.46	-0.91
EBITDA, 2 Yr. CAGR %	-16.27	-25.24	-4.91	5.97	-6.84
EBITA, 2 Yr. CAGR %	-29.16	-48.47	-8.24	22.41	-24.28
EBIT, 2 Yr. CAGR %	-29.16	-48.47	-8.24	22.41	-24.28
Earnings From Cont. Operations, 2 Yr. CAGR %	-37.99	-57.71	12.14	48.01	-31.1
Net Income, 2 Yr. CAGR %	-38.17	-58.57	14.03	50.91	-32.35
Normalized Net Income, 2 Yr. CAGR %	-28.24	-54.25	-11.38	30.58	-30.5
Diluted EPS Before Extra, 2 Yr. CAGR %	-38.19	-58.81	14.12	51.76	-32.35
Accounts Receivable, 2 Yr. CAGR %	0.65	-8.52	-13.46	-1.24	8.91
Inventory, 2 Yr. CAGR %	11.83	7.22	-13.28	0.23	4.57
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.27	3.27	6.44	-0.79	2.19
Total Assets, 2 Yr. CAGR %	4.22	-1.21	-2.08	5.72	7.15
Tangible Book Value, 2 Yr. CAGR %	4.18	0.97	1.79	2.6	1.44
Common Equity, 2 Yr. CAGR %	4.15	0.96	1.78	2.58	1.43
Cash From Operations, 2 Yr. CAGR %	-38.1	-22.34	102.53	-30.77	-17.88
Capital Expenditures, 2 Yr. CAGR %	-19.35	43.91	-4.24	18.66	24.64
Levered Free Cash Flow, 2 Yr. CAGR %	689.55	-68.06	25.41	207.52	-44.13
Unlevered Free Cash Flow, 2 Yr. CAGR %	143.78	-77.41	35.18	308.91	-40.65
Dividend Per Share, 2 Yr. CAGR %	-18.35	-44.53	0	41.42	-13.4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.3	-0.27	-3.87	-2.08	-3.12
Gross Profit, 3 Yr. CAGR %	-4.6	-11.76	-9.77	0.81	1.84
EBITDA, 3 Yr. CAGR %	-6.14	-15.65	-14.23	-3.48	-0.68
EBITA, 3 Yr. CAGR %	-11.76	-34.25	-26.64	-5.33	-5.19
EBIT, 3 Yr. CAGR %	-11.76	-34.25	-26.64	-5.33	-5.19
Earnings From Cont. Operations, 3 Yr. CAGR %	-19.27	-42.16	-23.53	3.29	5.87
Net Income, 3 Yr. CAGR %	-18.79	-42.77	-23.07	3.75	6.67
Normalized Net Income, 3 Yr. CAGR %	-8.71	-37.94	-29.25	-7.5	-6.5
Diluted EPS Before Extra, 3 Yr. CAGR %	-18.8	-42.98	-23.07	3.78	7.09
Accounts Receivable, 3 Yr. CAGR %	-2.37	-4.82	-9.7	-6.01	1.43
Inventory, 3 Yr. CAGR %	12.66	3.65	-0.97	-3.65	-2.61
Net Property, Plant and Equip., 3 Yr. CAGR %	2.65	3.26	0.89	5.02	0.19
Total Assets, 3 Yr. CAGR %	4.97	1.79	-1.23	2.77	4.27
Tangible Book Value, 3 Yr. CAGR %	6.56	2.95	1.67	1.9	1.98
Common Equity, 3 Yr. CAGR %	5.06	2.92	1.65	1.89	1.97
Cash From Operations, 3 Yr. CAGR %	-33.98	-5.47	3.91	1.86	7.84
Capital Expenditures, 3 Yr. CAGR %	17.54	9.37	-1.89	41.47	-10.86
Levered Free Cash Flow, 3 Yr. CAGR %	-10.07	132.67	-7.4	24.09	34.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	-15.32	-11.49	-7.18	24.95	76.71
Dividend Per Share, 3 Yr. CAGR %	-7.17	-30.66	-14.94	0	14.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.06	-0.11	-4.46	-2.18	-0.93
Gross Profit, 5 Yr. CAGR %	-5.33	-11.14	-2.96	-5.24	-6.32
EBITDA, 5 Yr. CAGR %	-0.45	-9.83	-4.39	-7.59	-11.35
EBITA, 5 Yr. CAGR %	-3.18	-22.56	-10.37	-15.7	-25.71
EBIT, 5 Yr. CAGR %	-3.18	-22.56	-10.37	-15.7	-25.71
Earnings From Cont. Operations, 5 Yr. CAGR %	-7.97	-30.29	-7.93	-15.78	-26.65
Net Income, 5 Yr. CAGR %	-8.26	-30.74	-6.98	-15.65	-26.93
Normalized Net Income, 5 Yr. CAGR %	-2.18	-25.68	-9.79	-16.43	-29.75
Diluted EPS Before Extra, 5 Yr. CAGR %	-8.28	-30.9	-6.96	-15.65	-26.93
Accounts Receivable, 5 Yr. CAGR %	3.3	-4.99	-6.97	-3.4	-2.67
Inventory, 5 Yr. CAGR %	12.71	2.48	1.47	2.27	1.21
Net Property, Plant and Equip., 5 Yr. CAGR %	1.52	4.11	4.15	1.62	1.41
Total Assets, 5 Yr. CAGR %	7.03	2.86	2.09	3.35	2.04
Tangible Book Value, 5 Yr. CAGR %	6.81	5.06	4.63	2.81	1.58
Common Equity, 5 Yr. CAGR %	5.91	4.1	3.74	2.79	1.56
Cash From Operations, 5 Yr. CAGR %	-0.18	53.1	3.37	-16.54	-5.43
Capital Expenditures, 5 Yr. CAGR %	-4.18	16.76	8.29	12.99	7.96
Levered Free Cash Flow, 5 Yr. CAGR %	1.62	-24.45	2.73	160.13	-24.34
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.17	-31.14	2.1	63.25	-22.38
Dividend Per Share, 5 Yr. CAGR %	-7.79	-27.52	-4.36	-7.79	-14.33