Cash flow PETRONAS Chemicals Group

Equities

5183

MYL5183OO008

Commodity Chemicals

Market Closed - BURSA MALAYSIA Other stock markets 03:59:30 2025-12-09 EST			5-day change	1st Jan Change
3.210 ^MYR	+2.56%		+1.26%	-37.91%

11-21	PETRONAS Chemicals Group Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI
11-03	Eni Inks Deal With Malaysia's Petronas on New Oil-And-Gas Venture	DJ

9574b450e.SCd89B7lghlDKE2AMw02QoYHG9fc2K2aLxKvcIEUB4k.AUNEuE-qyWg2fzfGYndXFMxNTI6r4MG3RSboKfEsUL0MT1G2fLLDQHp6Lg

Published financial data: PETRONAS CHEMICALS GROUP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	14.36B	23.02B	28.95B	28.67B	30.67B
Total Revenues	14.36B	23.02B	28.95B	28.67B	30.67B
Cost of Goods Sold, Total	10.84B	14.45B	20.28B	23.88B	25.96B
Gross Profit	3.52B	8.58B	8.68B	4.78B	4.71B
Selling General & Admin Expenses, Total	1.68B	1.93B	2.59B	3.3B	3.67B
Other Operating Expenses	-360M	-362M	-551M	-671M	-1.02B
Other Operating Expenses, Total	1.32B	1.57B	2.04B	2.63B	2.65B
Operating Income	2.2B	7.01B	6.63B	2.16B	2.06B
Interest Expense, Total	-17M	-17M	-24M	-44M	-164M
Net Interest Expenses	-17M	-17M	-24M	-44M	-164M
Income (Loss) On Equity Invest.	-316M	729M	165M	93M	-107M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-10M	-12M	-42M	-95M	-96M
EBT, Excl. Unusual Items	1.86B	7.71B	6.73B	2.11B	1.69B
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	1.86B	7.71B	6.73B	2.11B	1.69B
Income Tax Expense	271M	391M	406M	360M	401M
Earnings From Continuing Operations	1.59B	7.32B	6.33B	1.75B	1.29B
Net Income to Company	1.59B	7.32B	6.33B	1.75B	1.29B
Minority Interest	42M	26M	-5M	-54M	-114M
Net Income - (IS)	1.63B	7.34B	6.32B	1.7B	1.18B
Net Income to Common Incl Extra Items	1.63B	7.34B	6.32B	1.7B	1.18B
Net Income to Common Excl. Extra Items	1.63B	7.34B	6.32B	1.7B	1.18B
Per Share Items
Net EPS - Basic	0.2	0.92	0.79	0.21	0.15
Basic EPS - Continuing Operations	0.2	0.92	0.79	0.21	0.15
Basic Weighted Average Shares Outstanding	8B	8B	8B	8B	8B
Net EPS - Diluted	0.2	0.92	0.79	0.21	0.15
Diluted EPS - Continuing Operations	0.2	0.92	0.79	0.21	0.15
Diluted Weighted Average Shares Outstanding	8B	8B	8B	8B	8B
Normalized Basic EPS	0.15	0.61	0.53	0.16	0.12
Normalized Diluted EPS	0.15	0.61	0.53	0.16	0.12
Dividend Per Share	0.12	0.46	0.41	0.13	0.13
Payout Ratio	58.97	32.68	60.74	113.21	102.13
Supplemental Items
EBITDA	3.77B	8.54B	8.14B	3.97B	4.14B
EBITA	2.23B	7.04B	6.7B	2.33B	2.24B
EBIT	2.2B	7.01B	6.63B	2.16B	2.06B
EBITDAR	-	-	-	3.99B	4.16B
Effective Tax Rate - (Ratio)	14.59	5.07	6.03	17.06	23.73
Total Current Taxes	225M	355M	449M	353M	301M
Total Deferred Taxes	46M	36M	-43M	7M	100M
Normalized Net Income	1.2B	4.84B	4.2B	1.26B	942M
Interest Capitalized	109M	133M	176M	255M	161M
Interest on Long-Term Debt	126M	150M	200M	292M	236M
Non-Cash Pension Expense	-	-	12M	-45M	-35M
Supplemental Operating Expense Items
Selling and Marketing Expenses	967M	1.09B	1.44B	1.91B	2.14B
General and Administrative Expenses	718M	839M	1.16B	1.39B	1.53B
Net Rental Expense, Total	-	-	-	20M	17M
Imputed Operating Lease Interest Expense	-	-	-	9.9M	8.46M
Imputed Operating Lease Depreciation	-	-	-	10.1M	8.54M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	12.71B	16.39B	8.89B	9.27B	9.93B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	12.71B	16.39B	8.89B	9.27B	9.93B
Accounts Receivable, Total	1.63B	2.5B	3.07B	2.64B	3.29B
Other Receivables	350M	315M	588M	1.25B	1.45B
Total Receivables	1.98B	2.82B	3.66B	3.89B	4.74B
Inventory	1.81B	2.21B	3.46B	3.77B	4.09B
Other Current Assets, Total	3M	4M	7M	12M	4M
Total Current Assets	16.5B	21.43B	16.02B	16.94B	18.76B
Gross Property Plant And Equipment	41.5B	43.31B	49.07B	53.14B	54.02B
Accumulated Depreciation	-20.6B	-21.22B	-22.05B	-23.88B	-24.87B
Net Property Plant And Equipment	20.9B	22.09B	27.03B	29.26B	29.16B
Long-term Investments	722M	1.48B	1.66B	1.71B	1.34B
Goodwill	242M	231M	3.01B	3.53B	3.11B
Other Intangibles, Total	590M	561M	6.54B	6.9B	5.97B
Accounts Receivable Long-Term	-	-	-	-	16M
Deferred Tax Assets Long-Term	879M	823M	798M	746M	632M
Other Long-Term Assets, Total	-	-	372M	1.12B	1.04B
Total Assets	39.83B	46.61B	55.43B	60.21B	60.02B
Liabilities
Accounts Payable, Total	812M	1.73B	2.52B	1.97B	6.23B
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	50M	93M	101M	342M	5M
Current Portion of Long-Term Debt	148M	139M	128M	158M	790M
Current Portion of Leases	80M	73M	125M	229M	224M
Current Income Taxes Payable	73M	270M	234M	178M	118M
Unearned Revenue Current, Total	140M	88M	88M	87M	87M
Other Current Liabilities	1.94B	2.56B	3.3B	5.99B	3.74B
Total Current Liabilities	3.24B	4.95B	6.5B	8.95B	11.19B
Long-Term Debt	1.99B	2.16B	2.49B	2.47B	2.42B
Long-Term Leases	908M	1.39B	1.69B	1.93B	1.87B
Unearned Revenue Non Current	1.34B	1.26B	1.17B	1.08B	995M
Pension & Other Post Retirement Benefits	-	-	242M	279M	255M
Deferred Tax Liability Non Current	993M	974M	2.36B	2.37B	2.2B
Other Non Current Liabilities	336M	339M	1.24B	1.05B	1.11B
Total Liabilities	8.82B	11.07B	15.7B	18.13B	20.04B
Common Stock, Total	8.87B	8.87B	8.87B	8.87B	8.87B
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	21.13B	25.27B	27.67B	27.04B	27.07B
Comprehensive Income and Other	447M	862M	2.53B	4.51B	2.62B
Total Common Equity	30.45B	35B	39.08B	40.42B	38.56B
Minority Interest	563M	535M	655M	1.66B	1.42B
Total Equity	31.01B	35.54B	39.73B	42.07B	39.98B
Total Liabilities And Equity	39.83B	46.61B	55.43B	60.21B	60.02B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8B	8B	8B	8B	8B
ECS Total Common Shares Outstanding	8B	8B	8B	8B	8B
Book Value / Share	3.81	4.38	4.88	5.05	4.82
Tangible Book Value	29.61B	34.21B	29.53B	29.98B	29.48B
Tangible Book Value Per Share	3.7	4.28	3.69	3.75	3.68
Total Debt	3.18B	3.85B	4.53B	5.13B	5.31B
Net Debt	-9.53B	-12.54B	-4.36B	-4.14B	-4.62B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	154M	184M	152M
Debt Equivalent Oper. Leases	-	-	-	160M	136M
Minority Interest, Total (Incl. Fin. Div)	563M	535M	655M	1.66B	1.42B
Equity Method Investments, Total	722M	1.48B	1.66B	1.71B	1.34B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	18M	24M	37M	49M	61M
Inventories - Finished Goods, Total	549M	719M	2.18B	2.04B	2.24B
Inventories - Others	1.24B	1.47B	1.25B	1.68B	1.78B
Land - (BS)	-	-	167M	197M	199M
Buildings, Total	1.93B	1.96B	2.4B	2.87B	2.75B
Machinery, Total	29.22B	29.59B	32.78B	33.76B	42.57B
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	1.63B	7.34B	6.32B	1.7B	1.18B
Depreciation & Amortization - CF	1.64B	1.62B	1.52B	1.81B	2.11B
Amortization of Goodwill and Intangible Assets - (CF)	33M	27M	71M	172M	179M
Depreciation & Amortization, Total	1.67B	1.65B	1.59B	1.98B	2.29B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	316M	-729M	-165M	-93M	107M
Other Operating Activities, Total	-49M	107M	-607M	203M	63M
Change In Accounts Receivable	58M	-799M	-225M	165M	-786M
Change In Inventories	-143M	-529M	96M	-332M	-370M
Change In Accounts Payable	-465M	1.14B	1.04B	1.5B	2.15B
Cash from Operations	3.02B	8.18B	8.05B	5.12B	4.63B
Capital Expenditure	-1.48B	-1.54B	-1.88B	-2.35B	-2.45B
Sale of Property, Plant, and Equipment	2M	1M	-	3M	-
Cash Acquisitions	-2M	-50M	-11.16B	-231M	-183M
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-18M	-169M	-47M	-	128M
Other Investing Activities, Total	50M	200M	133M	-13M	12M
Cash from Investing	-1.44B	-1.56B	-12.95B	-2.59B	-2.5B
Short Term Debt Issued, Total	113M	83M	150M	226M	-
Long-Term Debt Issued, Total	298M	321M	352M	-	4.46B
Total Debt Issued	411M	404M	502M	226M	4.46B
Short Term Debt Repaid, Total	-	-33M	-141M	-1M	-
Long-Term Debt Repaid, Total	-124M	-274M	-213M	-265M	-4.27B
Total Debt Repaid	-124M	-307M	-354M	-266M	-4.27B
Common Dividends Paid	-960M	-2.4B	-3.84B	-1.92B	-1.2B
Common & Preferred Stock Dividends Paid	-960M	-2.4B	-3.84B	-1.92B	-1.2B
Special Dividend Paid	-	-800M	-	-	-
Other Financing Activities, Total	-119M	-81M	-114M	-215M	-263M
Cash from Financing	-792M	-3.18B	-3.81B	-2.18B	-1.27B
Foreign Exchange Rate Adjustments	-117M	238M	1.21B	29M	-207M
Net Change in Cash	662M	3.68B	-7.5B	380M	658M
Supplemental Items
Cash Interest Paid	119M	79M	110M	215M	229M
Cash Income Tax Paid (Refund)	204M	197M	462M	423M	303M
Levered Free Cash Flow	1.32B	4.92B	3.25B	2.48B	1.81B
Unlevered Free Cash Flow	1.33B	4.93B	3.26B	2.51B	1.92B
Change In Net Working Capital	241M	-436M	594M	-1.53B	-794M
Net Debt Issued / Repaid	287M	97M	148M	-40M	197M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.49	10.14	8.14	2.33	2.14
Return on Total Capital	4.09	11.91	9.93	2.95	2.78
Return On Equity %	5.15	22	16.85	4.28	3.14
Return on Common Equity	5.39	22.44	17.1	4.27	2.98
Margin Analysis
Gross Profit Margin %	24.54	37.26	29.97	16.69	15.34
SG&A Margin	11.73	8.38	8.96	11.51	11.97
EBITDA Margin %	26.25	37.1	28.1	13.83	13.51
EBITA Margin %	15.55	30.56	23.16	8.12	7.29
EBIT Margin %	15.32	30.45	22.91	7.52	6.71
Income From Continuing Operations Margin %	11.04	31.79	21.85	6.1	4.2
Net Income Margin %	11.34	31.9	21.84	5.92	3.83
Net Avail. For Common Margin %	11.34	31.9	21.84	5.92	3.83
Normalized Net Income Margin	8.37	21.04	14.52	4.41	3.07
Levered Free Cash Flow Margin	9.17	21.36	11.21	8.64	5.91
Unlevered Free Cash Flow Margin	9.25	21.41	11.26	8.74	6.25
Asset Turnover
Asset Turnover	0.37	0.53	0.57	0.5	0.51
Fixed Assets Turnover	0.7	1.07	1.18	1.02	1.05
Receivables Turnover (Average Receivables)	8.44	11.14	10.39	10.04	10.35
Inventory Turnover (Average Inventory)	6.26	7.19	7.14	6.6	6.61
Short Term Liquidity
Current Ratio	5.09	4.33	2.46	1.89	1.68
Quick Ratio	4.53	3.88	1.93	1.47	1.31
Operating Cash Flow to Current Liabilities	0.93	1.65	1.24	0.57	0.41
Days Sales Outstanding (Average Receivables)	43.36	32.77	35.13	36.34	35.35
Days Outstanding Inventory (Average Inventory)	58.49	50.78	51.11	55.27	55.35
Average Days Payable Outstanding	30.1	32.27	36.03	33.87	74.53
Cash Conversion Cycle (Average Days)	71.75	51.27	50.21	57.74	16.17
Long Term Solvency
Total Debt/Equity	10.26	10.83	11.4	12.2	13.29
Total Debt / Total Capital	9.3	9.77	10.24	10.87	11.73
LT Debt/Equity	9.36	9.97	10.51	10.46	10.74
Long-Term Debt / Total Capital	8.49	9	9.44	9.33	9.48
Total Liabilities / Total Assets	22.14	23.75	28.32	30.12	33.39
EBIT / Interest Expense	129.41	412.35	276.42	49	12.54
EBITDA / Interest Expense	227.65	509.41	342.62	93.95	26.49
(EBITDA - Capex) / Interest Expense	140.82	418.94	264.25	40.5	11.54
Total Debt / EBITDA	0.82	0.44	0.55	1.24	1.22
Net Debt / EBITDA	-2.46	-1.45	-0.53	-1	-1.06
Total Debt / (EBITDA - Capex)	1.33	0.54	0.71	2.88	2.81
Net Debt / (EBITDA - Capex)	-3.98	-1.76	-0.69	-2.32	-2.44
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-12.27	60.32	25.74	-0.99	6.99
Gross Profit, 1 Yr. Growth %	-20.89	143.35	1.13	-44.85	-1.65
EBITDA, 1 Yr. Growth %	-21.47	126.58	-5.07	-51.26	4.49
EBITA, 1 Yr. Growth %	-31.08	215.14	-4.74	-65.28	-3.95
EBIT, 1 Yr. Growth %	-32.1	218.64	-5.38	-67.5	-4.59
Earnings From Cont. Operations, 1 Yr. Growth %	-43.26	361.48	-13.57	-72.34	-26.34
Net Income, 1 Yr. Growth %	-42.08	351.17	-13.94	-73.17	-30.72
Normalized Net Income, 1 Yr. Growth %	-39.5	302.85	-13.26	-69.91	-25.5
Diluted EPS Before Extra, 1 Yr. Growth %	-42.08	351.17	-13.94	-73.17	-30.72
Accounts Receivable, 1 Yr. Growth %	-7.96	53.46	22.65	-14.07	24.6
Inventory, 1 Yr. Growth %	8.93	22.59	56.5	8.72	8.47
Net Property, Plant and Equip., 1 Yr. Growth %	2.46	5.68	23.23	8.24	-0.33
Total Assets, 1 Yr. Growth %	2.49	17.02	19.32	8.62	-0.31
Tangible Book Value, 1 Yr. Growth %	1.19	15.53	-13.3	1.53	-1.67
Common Equity, 1 Yr. Growth %	1.71	14.97	12.13	3.42	-4.6
Cash From Operations, 1 Yr. Growth %	-45.62	171.48	-1.67	-36.4	-9.63
Capital Expenditures, 1 Yr. Growth %	-37.22	4.2	22.22	25.04	4.25
Levered Free Cash Flow, 1 Yr. Growth %	-36.44	273.37	-34.02	-23.64	-26.83
Unlevered Free Cash Flow, 1 Yr. Growth %	-36.28	271.18	-33.85	-23.15	-23.54
Dividend Per Share, 1 Yr. Growth %	-33.33	283.33	-10.87	-68.29	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-14.35	18.6	41.98	11.58	2.92
Gross Profit, 2 Yr. CAGR %	-28.39	38.75	56.88	-25.32	-26.35
EBITDA, 2 Yr. CAGR %	-28.83	33.39	46.91	-31.98	-28.64
EBITA, 2 Yr. CAGR %	-38.09	47.37	73.28	-42.49	-42.25
EBIT, 2 Yr. CAGR %	-38.54	47.09	73.65	-44.55	-44.32
Earnings From Cont. Operations, 2 Yr. CAGR %	-42.96	61.82	99.73	-51.11	-54.86
Net Income, 2 Yr. CAGR %	-41.69	61.65	97.06	-51.95	-56.89
Normalized Net Income, 2 Yr. CAGR %	-42.29	56.11	86.95	-48.91	-52.65
Diluted EPS Before Extra, 2 Yr. CAGR %	-41.69	61.65	97.06	-51.95	-56.89
Accounts Receivable, 2 Yr. CAGR %	-11.83	18.85	37.2	2.66	3.47
Inventory, 2 Yr. CAGR %	3.13	15.56	38.51	30.44	8.59
Net Property, Plant and Equip., 2 Yr. CAGR %	4.89	4.06	13.72	15.49	3.87
Total Assets, 2 Yr. CAGR %	3.24	9.51	17.97	13.84	4.06
Tangible Book Value, 2 Yr. CAGR %	0.23	8.12	-0.15	-6.18	-0.08
Common Equity, 2 Yr. CAGR %	1.48	8.14	13.29	7.69	-0.67
Cash From Operations, 2 Yr. CAGR %	-32.75	21.51	63.39	-20.92	-24.19
Capital Expenditures, 2 Yr. CAGR %	-28.82	-19.12	12.89	23.62	14.17
Levered Free Cash Flow, 2 Yr. CAGR %	-15.97	54.05	56.95	-29.02	-25.25
Unlevered Free Cash Flow, 2 Yr. CAGR %	-15.63	53.79	56.68	-28.7	-23.35
Dividend Per Share, 2 Yr. CAGR %	-38.76	59.86	84.84	-46.84	-43.69
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.21	5.56	20.93	25.91	10.03
Gross Profit, 3 Yr. CAGR %	-17.97	7.66	24.87	10.72	-18.14
EBITDA, 3 Yr. CAGR %	-17.97	4.69	19.23	1.7	-21.52
EBITA, 3 Yr. CAGR %	-24.76	6.5	27.43	1.4	-31.77
EBIT, 3 Yr. CAGR %	-25.12	6.37	26.98	-0.67	-33.55
Earnings From Cont. Operations, 3 Yr. CAGR %	-28.91	14.51	31.3	3.33	-43.95
Net Income, 3 Yr. CAGR %	-26.95	15.33	31.02	1.37	-45.72
Normalized Net Income, 3 Yr. CAGR %	-26.55	10.29	28.35	1.69	-42.06
Diluted EPS Before Extra, 3 Yr. CAGR %	-26.95	15.33	31.02	1.37	-45.72
Accounts Receivable, 3 Yr. CAGR %	-4.94	6.06	20.1	17.38	9.51
Inventory, 3 Yr. CAGR %	1.58	9.25	27.85	27.77	22.66
Net Property, Plant and Equip., 3 Yr. CAGR %	0.32	5.16	9.83	11.86	9.96
Total Assets, 3 Yr. CAGR %	6.19	7.65	12.56	14.77	8.92
Tangible Book Value, 3 Yr. CAGR %	2.17	5.09	0.3	0.41	-4.7
Common Equity, 3 Yr. CAGR %	3	5.79	9.29	9.9	3.43
Cash From Operations, 3 Yr. CAGR %	-17.2	7.08	13.23	19.3	-17.32
Capital Expenditures, 3 Yr. CAGR %	-24.62	-19.18	-7.16	16.8	16.8
Levered Free Cash Flow, 3 Yr. CAGR %	-16.86	38.15	16.12	23.44	-28.3
Unlevered Free Cash Flow, 3 Yr. CAGR %	-16.39	38.25	16.09	23.57	-27.02
Dividend Per Share, 3 Yr. CAGR %	-23.69	12.86	31.57	2.7	-34.38
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.19	10.68	10.71	7.93	13.38
Gross Profit, 5 Yr. CAGR %	-4.96	10.01	6.32	-6.99	1.1
EBITDA, 5 Yr. CAGR %	-5.63	9.67	3.57	-11.83	-2.9
EBITA, 5 Yr. CAGR %	-9.89	11.69	5.05	-16.76	-7.15
EBIT, 5 Yr. CAGR %	-10.15	11.62	4.83	-18.03	-8.69
Earnings From Cont. Operations, 5 Yr. CAGR %	-12.49	17.83	7.47	-18.52	-14.34
Net Income, 5 Yr. CAGR %	-10.16	20.16	8.64	-18.74	-16.01
Normalized Net Income, 5 Yr. CAGR %	-10.44	16.28	6.73	-18.93	-13.87
Diluted EPS Before Extra, 5 Yr. CAGR %	-10.16	20.16	8.64	-18.74	-16.01
Accounts Receivable, 5 Yr. CAGR %	3.01	6.69	10.08	4.69	13.15
Inventory, 5 Yr. CAGR %	5.16	9.87	15	17.28	19.77
Net Property, Plant and Equip., 5 Yr. CAGR %	4.84	3.67	5.48	9.02	7.41
Total Assets, 5 Yr. CAGR %	5.25	7.85	10.75	10.01	9.08
Tangible Book Value, 5 Yr. CAGR %	3.71	4.9	1.24	0.34	0.15
Common Equity, 5 Yr. CAGR %	4.2	5.3	7	6.45	5.19
Cash From Operations, 5 Yr. CAGR %	-7	15.64	8.67	-5.15	-3.56
Capital Expenditures, 5 Yr. CAGR %	-12.38	-14.81	-11.4	-4.19	0.84
Levered Free Cash Flow, 5 Yr. CAGR %	2.72	36.87	7.2	5.84	-2.64
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.88	36.39	7.49	6.08	-1.67
Dividend Per Share, 5 Yr. CAGR %	-7.79	19.34	8.71	-16.49	-6.3