Income Statement Sern Kou Resources

Stocks

7180

MYL7180OO002

Home Furnishings

Market Closed - BURSA MALAYSIA 04:50:02 2026-10-07 EDT			5-day change	1st Jan Change
0.7650 ^MYR	-1.92%		-1.29%	-8.38%

09-29	Sern Kou Resources Unit to Cease Plywood Manufacturing Operations	MT
08-24	Sern Kou Resources Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2026	CI

4091a0d4b4dd044bd989f293b.WP3K-6b_biwTkcZCQDAhnrtTUeU29_u21zRDOOy7VJ8.EJr_kNKxHmFk_oUrF1RE14gHDoFfo5fluFcUCbz6I9Ydr6WjzawFc0vaqQ

Published financial data: SERN KOU RESOURCES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	325M	338M	381M	494M	487M
Total Revenues	325M	338M	381M	494M	487M
Cost of Goods Sold, Total	284M	309M	362M	482M	469M
Gross Profit	40.64M	29.71M	19.09M	11.83M	17.86M
Selling General & Admin Expenses, Total	13.83M	12.87M	14.51M	22.16M	18.62M
Provision for Bad Debts	-361K	100K	311K	-104K	-
Other Operating Expenses	1.2M	65.51K	1.12M	18K	778K
Other Operating Expenses, Total	14.66M	13.03M	15.94M	22.08M	19.39M
Operating Income	25.98M	16.68M	3.15M	-10.25M	-1.53M
Interest Expense, Total	-3.22M	-2.8M	-3.67M	-5.64M	-6.94M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-3.22M	-2.8M	-3.67M	-5.64M	-6.94M
Other Non Operating Income (Expenses)	1.98M	2.09M	2.07M	2.16M	1.64M
EBT, Excl. Unusual Items	24.74M	15.96M	1.56M	-13.73M	-6.82M
Gain (Loss) On Sale Of Assets	-	-	-	15.7K	-
Insurance Settlements	-	-	8.26M	719K	1.85M
Other Unusual Items	-	-	-6.04M	3.43K	210K
EBT, Incl. Unusual Items	24.74M	15.96M	3.78M	-12.99M	-4.76M
Income Tax Expense	6.82M	6.14M	2.53M	2.24M	2.21M
Earnings From Continuing Operations	17.91M	9.83M	1.25M	-15.23M	-6.97M
Net Income to Company	17.91M	9.83M	1.25M	-15.23M	-6.97M
Minority Interest	-353K	-613K	49.71K	1.28M	1.09M
Net Income - (IS)	17.56M	9.21M	1.3M	-13.94M	-5.88M
Net Income to Common Incl Extra Items	17.56M	9.21M	1.3M	-13.94M	-5.88M
Net Income to Common Excl. Extra Items	17.56M	9.21M	1.3M	-13.94M	-5.88M
Per Share Items
Net EPS - Basic	0.02	0.01	0	-0.01	-0.01
Basic EPS - Continuing Operations	0.02	0.01	0	-0.01	-0.01
Basic Weighted Average Shares Outstanding	781M	825M	922M	1.08B	1.08B
Net EPS - Diluted	0.02	0.01	0	-0.01	-0.01
Diluted EPS - Continuing Operations	0.02	0.01	0	-0.01	-0.01
Diluted Weighted Average Shares Outstanding	1.01B	1.01B	922M	1.08B	1.08B
Normalized Basic EPS	0.02	0.01	0	-0.01	-0
Normalized Diluted EPS	0.01	0.01	0	-0.01	-0
Supplemental Items
EBITDA	29.04M	20.2M	6.5M	-7.06M	1.44M
EBITA	25.98M	16.68M	3.15M	-10.25M	-1.53M
EBIT	25.98M	16.68M	3.15M	-10.25M	-1.53M
EBITDAR	29.21M	20.36M	6.63M	-6.96M	1.59M
Effective Tax Rate - (Ratio)	27.58	38.45	66.86	-17.21	-46.4
Total Current Taxes	6.33M	5.79M	3M	2.15M	2.33M
Total Deferred Taxes	490K	-94.28K	-473K	82.07K	-119K
Normalized Net Income	15.11M	9.36M	1.02M	-7.3M	-3.18M
Interest on Long-Term Debt	226K	317K	309K	534K	791K
Supplemental Operating Expense Items
Selling and Marketing Expenses	3.79M	3.61M	3.21M	3.71M	6.65M
General and Administrative Expenses	9.86M	9.26M	11.3M	18.45M	11.97M
Net Rental Expense, Total	177K	163K	130K	107K	156K
Imputed Operating Lease Interest Expense	63.51K	51.02K	49.8K	50.79K	75.52K
Imputed Operating Lease Depreciation	113K	112K	80.05K	56.01K	80.08K

Fiscal Period: June	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	36.28M	56.94M	80.24M	63.86M	55.33M
Short Term Investments	1.18M	1.1M	1.01M	996K	1.83M
Total Cash And Short Term Investments	37.46M	58.04M	81.25M	64.85M	57.15M
Accounts Receivable, Total	79.42M	94.89M	99.13M	147M	153M
Other Receivables	2.31M	2.73M	6.32M	2.63M	2.19M
Total Receivables	81.73M	97.62M	105M	150M	155M
Inventory	23.87M	30.62M	28.81M	21.12M	21.44M
Prepaid Expenses	1.29M	2.29M	2.47M	8.19M	6.52M
Other Current Assets, Total	9.55M	2.87M	5.85M	-	-
Total Current Assets	154M	191M	224M	244M	240M
Gross Property Plant And Equipment	151M	152M	137M	149M	157M
Accumulated Depreciation	-33.11M	-34.97M	-27.65M	-33.03M	-37.78M
Net Property Plant And Equipment	118M	117M	110M	115M	119M
Goodwill	-	-	-	-	-
Other Long-Term Assets, Total	20.53M	13.03M	13.03M	13.03M	13.03M
Total Assets	293M	321M	346M	373M	373M
Liabilities
Accounts Payable, Total	11.64M	16.62M	10.26M	15M	12.59M
Accrued Expenses, Total	816K	2.03M	1.89M	2.54M	2.65M
Short-term Borrowings	49.41M	52.01M	61.14M	86.24M	93.35M
Current Portion of Long-Term Debt	1.57M	3.5M	1.82M	1.78M	5.46M
Current Portion of Leases	1.46M	1.84M	1.73M	3.77M	3.81M
Current Income Taxes Payable	1.91M	842K	-	195K	-
Unearned Revenue Current, Total	-	-	-	857K	-
Other Current Liabilities	4.67M	5.97M	2.9M	5.98M	9.78M
Total Current Liabilities	71.48M	82.8M	79.73M	116M	128M
Long-Term Debt	13.28M	12.49M	10.71M	8.87M	7.37M
Long-Term Leases	3.18M	4.52M	3.39M	10.4M	7.61M
Deferred Tax Liability Non Current	16.78M	16.69M	15.76M	15.76M	15.64M
Total Liabilities	105M	117M	110M	151M	158M
Common Stock, Total	69.86M	76.71M	107M	107M	107M
Retained Earnings	70.7M	79.91M	81.21M	67.27M	61.39M
Comprehensive Income and Other	46.29M	46.29M	44.86M	44.6M	44.6M
Total Common Equity	187M	203M	233M	219M	213M
Minority Interest	1.17M	2.03M	3.94M	2.66M	1.57M
Total Equity	188M	205M	237M	221M	214M
Total Liabilities And Equity	293M	321M	346M	373M	373M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	830M	874M	1.08B	1.08B	1.08B
ECS Total Common Shares Outstanding	794M	847M	1.08B	1.08B	1.08B
Book Value / Share	0.24	0.24	0.22	0.2	0.2
Tangible Book Value	187M	203M	233M	219M	213M
Tangible Book Value Per Share	0.24	0.24	0.22	0.2	0.2
Total Debt	68.9M	74.35M	78.78M	111M	118M
Net Debt	31.44M	16.32M	-2.46M	46.21M	60.45M
Debt Equivalent Oper. Leases	1.41M	1.31M	1.04M	854K	1.24M
Minority Interest, Total (Incl. Fin. Div)	1.17M	2.03M	3.94M	2.66M	1.57M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	12.02M	13.83M	9.57M	8.87M	7.42M
Inventories - Work In Process, Total	8.15M	10.7M	5.89M	5.98M	7.25M
Inventories - Finished Goods, Total	3.71M	6.09M	13.35M	6.27M	6.77M
Land - (BS)	15.37M	15.37M	15.37M	15.37M	15.37M
Buildings, Total	64.41M	64.47M	55.61M	55.84M	62.98M
Machinery, Total	38.24M	36.92M	30.89M	27.23M	34.25M
Full Time Employees	-	682	671	770	777
Accumulated Allowance for Doubtful Accounts (Supple)	1.37M	1.47M	1.79M	1.37M	1.37M

Fiscal Period: June	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	17.56M	9.21M	1.3M	-13.94M	-5.88M
Depreciation & Amortization - CF	4.6M	5.51M	5.53M	6.6M	7.1M
Depreciation & Amortization, Total	4.6M	5.51M	5.53M	6.6M	7.1M
(Gain) Loss From Sale Of Asset	-66.07K	-44.3K	-643K	-311K	-21.1K
Asset Writedown & Restructuring Costs	1.55M	1.83K	3.62M	6.2M	917K
Provision and Write-off of Bad Debts	-361K	100K	498K	-104K	-
Other Operating Activities, Total	3.92M	2.03M	4.65M	3.89M	5.79M
Change In Accounts Receivable	26M	-9.67M	-10.43M	-44.09M	-4.76M
Change In Inventories	-5.61M	-7.15M	-1.7M	7.69M	-523K
Change In Accounts Payable	-5.55M	8.15M	-10.13M	8.92M	991K
Cash from Operations	42.05M	8.14M	-7.29M	-25.14M	3.61M
Capital Expenditure	-5.11M	-1.08M	-2.78M	-6.28M	-10.68M
Sale of Property, Plant, and Equipment	66.1K	47.4K	1.6M	398K	33.99K
Divestitures	490	245K	1.96M	-	-
Sale (Purchase) of Real Estate properties	-	7.5M	-	-	-
Other Investing Activities, Total	76.36K	-230K	-412K	-182K	123K
Cash from Investing	-4.97M	6.48M	376K	-6.06M	-10.53M
Short Term Debt Issued, Total	109M	10.57M	9.28M	21.7M	5.34M
Long-Term Debt Issued, Total	-	3.52M	-	-	4.98M
Total Debt Issued	109M	14.09M	9.28M	21.7M	10.32M
Short Term Debt Repaid, Total	-108M	-	-	-	-
Long-Term Debt Repaid, Total	-10.76M	-4.13M	-5.33M	-4.65M	-6.79M
Total Debt Repaid	-119M	-4.13M	-5.33M	-4.65M	-6.79M
Issuance of Common Stock	3.54M	6.85M	30.07M	-	-
Other Financing Activities, Total	-3.07M	-3.19M	-4.25M	-3.79M	-7.86M
Cash from Financing	-9.59M	13.62M	29.78M	13.26M	-4.33M
Foreign Exchange Rate Adjustments	31.22K	340	3.34K	19.36K	31.88K
Miscellaneous Cash Flow Adjustments	-	-	-	0	-
Net Change in Cash	27.53M	28.25M	22.87M	-17.93M	-11.22M
Supplemental Items
Cash Interest Paid	3M	2.8M	3.67M	5.64M	6.94M
Cash Income Tax Paid (Refund)	6.44M	7.85M	4.81M	2.2M	2.09M
Levered Free Cash Flow	27.85M	2.58M	-17.16M	-36.84M	-12.24M
Unlevered Free Cash Flow	29.87M	4.33M	-14.86M	-33.31M	-7.9M
Change In Net Working Capital	-14.14M	10.53M	19.59M	27.24M	3.37M
Net Debt Issued / Repaid	-10.06M	9.96M	3.95M	17.05M	3.53M

Fiscal Period: June	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	6.3	3.39	0.59	-1.78	-0.26
Return on Total Capital	7.18	3.89	0.66	-1.98	-0.29
Return On Equity %	11.62	5	0.57	-6.65	-3.2
Return on Common Equity	11.47	4.73	0.6	-6.18	-2.73
Margin Analysis
Gross Profit Margin %	12.52	8.78	5.02	2.4	3.67
SG&A Margin	4.26	3.8	3.81	4.49	3.82
EBITDA Margin %	8.94	5.97	1.71	-1.43	0.3
EBITA Margin %	8	4.93	0.83	-2.08	-0.31
EBIT Margin %	8	4.93	0.83	-2.08	-0.31
Income From Continuing Operations Margin %	5.52	2.9	0.33	-3.08	-1.43
Net Income Margin %	5.41	2.72	0.34	-2.82	-1.21
Net Avail. For Common Margin %	5.41	2.72	0.34	-2.82	-1.21
Normalized Net Income Margin	4.65	2.77	0.27	-1.48	-0.65
Levered Free Cash Flow Margin	8.58	0.76	-4.51	-7.46	-2.51
Unlevered Free Cash Flow Margin	9.2	1.28	-3.9	-6.75	-1.62
Asset Turnover
Asset Turnover	1.26	1.1	1.14	1.37	1.31
Fixed Assets Turnover	3.68	2.88	3.36	4.39	4.15
Receivables Turnover (Average Receivables)	3.5	3.88	3.92	4.01	3.24
Inventory Turnover (Average Inventory)	13.48	11.32	12.17	19.31	22.03
Short Term Liquidity
Current Ratio	2.15	2.31	2.81	2.1	1.88
Quick Ratio	1.67	1.88	2.34	1.85	1.66
Operating Cash Flow to Current Liabilities	0.59	0.1	-0.09	-0.22	0.03
Days Sales Outstanding (Average Receivables)	104.17	94.04	93.03	91.37	112.65
Days Outstanding Inventory (Average Inventory)	27.07	32.23	30	18.96	16.56
Average Days Payable Outstanding	16.33	16.36	13.64	9.74	10.73
Cash Conversion Cycle (Average Days)	114.91	109.92	109.39	100.58	118.48
Long Term Solvency
Total Debt/Equity	36.64	36.28	33.27	50.18	54.86
Total Debt / Total Capital	26.82	26.62	24.96	33.41	35.43
LT Debt/Equity	8.75	8.3	5.95	8.71	6.99
Long-Term Debt / Total Capital	6.41	6.09	4.47	5.8	4.51
Total Liabilities / Total Assets	35.77	36.24	31.64	40.62	42.48
EBIT / Interest Expense	8.06	5.96	0.86	-1.82	-0.22
EBITDA / Interest Expense	9.48	7.93	2.37	-0.65	0.8
(EBITDA - Capex) / Interest Expense	7.9	7.54	1.61	-1.76	-0.74
Total Debt / EBITDA	2.25	3.35	9.07	-30.46	21.1
Net Debt / EBITDA	1.03	0.74	-0.28	-12.67	10.85
Total Debt / (EBITDA - Capex)	2.71	3.52	13.33	-11.19	-23.01
Net Debt / (EBITDA - Capex)	1.23	0.77	-0.42	-4.66	-11.83
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.2	4.18	12.52	29.72	-1.43
Gross Profit, 1 Yr. Growth %	3.56	-26.9	-35.74	-38.04	51.02
EBITDA, 1 Yr. Growth %	7.89	-30.43	-67.84	-208.72	-120.35
EBITA, 1 Yr. Growth %	5.36	-35.81	-81.08	-424.85	-85.07
EBIT, 1 Yr. Growth %	5.36	-35.81	-81.08	-424.85	-85.07
Earnings From Cont. Operations, 1 Yr. Growth %	6.19	-45.15	-87.25	-1.32K	-54.22
Net Income, 1 Yr. Growth %	2.43	-47.53	-85.86	-1.17K	-57.8
Normalized Net Income, 1 Yr. Growth %	5.06	-38.01	-89.06	-812.45	-56.44
Diluted EPS Before Extra, 1 Yr. Growth %	-7.94	-47.7	-84.62	-1.02K	-57.8
Accounts Receivable, 1 Yr. Growth %	-25.01	19.49	4.46	48.7	3.8
Inventory, 1 Yr. Growth %	30.69	28.26	-5.92	-26.7	1.53
Net Property, Plant and Equip., 1 Yr. Growth %	103.71	-1.12	-6.36	5.43	3.27
Total Assets, 1 Yr. Growth %	31.48	9.8	7.76	7.6	-0.02
Tangible Book Value, 1 Yr. Growth %	56.41	8.59	14.76	-6.1	-2.69
Common Equity, 1 Yr. Growth %	56.41	8.59	14.76	-6.1	-2.69
Cash From Operations, 1 Yr. Growth %	-2.53K	-80.63	-189.57	244.72	-114.35
Capital Expenditures, 1 Yr. Growth %	53.61	-78.9	157.65	126	70.26
Levered Free Cash Flow, 1 Yr. Growth %	-314.83	-90.74	-765.36	114.73	-66.78
Unlevered Free Cash Flow, 1 Yr. Growth %	-388.84	-85.51	-443.46	124.15	-76.27
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	17.01	6.17	8.27	20.82	13.08
Gross Profit, 2 Yr. CAGR %	13.14	-12.99	-31.46	-36.9	-3.27
EBITDA, 2 Yr. CAGR %	14.71	-13.36	-52.7	-40.87	-52.96
EBITA, 2 Yr. CAGR %	17.89	-17.76	-65.15	-21.61	-30.35
EBIT, 2 Yr. CAGR %	17.89	-17.76	-65.15	-21.61	-30.35
Earnings From Cont. Operations, 2 Yr. CAGR %	22.79	-23.68	-73.56	24.49	135.89
Net Income, 2 Yr. CAGR %	23.24	-26.69	-72.77	23.02	112.55
Normalized Net Income, 2 Yr. CAGR %	23.08	-19.3	-73.96	-11.73	76.16
Diluted EPS Before Extra, 2 Yr. CAGR %	11.08	-30.61	-71.63	19.21	96.59
Accounts Receivable, 2 Yr. CAGR %	7.33	-5.34	11.72	24.63	24.24
Inventory, 2 Yr. CAGR %	0.31	29.47	9.84	-16.96	-13.73
Net Property, Plant and Equip., 2 Yr. CAGR %	38.63	41.92	-3.78	-0.64	4.35
Total Assets, 2 Yr. CAGR %	24.34	20.15	8.78	7.68	3.72
Tangible Book Value, 2 Yr. CAGR %	46.39	30.33	11.63	3.81	-4.41
Common Equity, 2 Yr. CAGR %	46.39	30.33	11.63	3.81	-4.41
Cash From Operations, 2 Yr. CAGR %	115.96	116.79	-58.35	75.72	-29.66
Capital Expenditures, 2 Yr. CAGR %	28.78	-43.07	-26.27	141.31	96.16
Levered Free Cash Flow, 2 Yr. CAGR %	20.19	-55.4	-21.51	277.99	-15.54
Unlevered Free Cash Flow, 2 Yr. CAGR %	33.81	-35.31	-29.46	177.46	-27.07
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	23.35	12.57	8.25	15	12.89
Gross Profit, 3 Yr. CAGR %	17.03	-2.19	-21.35	-33.73	-15.6
EBITDA, 3 Yr. CAGR %	19.6	-2.9	-37.73	-37.57	-58.56
EBITA, 3 Yr. CAGR %	22.73	-3.73	-49.61	-26.66	-54.89
EBIT, 3 Yr. CAGR %	22.73	-3.73	-49.61	-26.66	-54.89
Earnings From Cont. Operations, 3 Yr. CAGR %	25.24	-6.13	-57.97	-5.27	-10.81
Net Income, 3 Yr. CAGR %	24.57	-7.29	-57.65	-7.4	-13.88
Normalized Net Income, 3 Yr. CAGR %	27.12	-2.07	-58.55	-21.54	-30.25
Diluted EPS Before Extra, 3 Yr. CAGR %	14.15	-13.58	-58	-9.42	-15.67
Accounts Receivable, 3 Yr. CAGR %	29.22	11.24	-2.18	22.89	17.26
Inventory, 3 Yr. CAGR %	11.65	8.87	16.39	-4.01	-11.2
Net Property, Plant and Equip., 3 Yr. CAGR %	25.42	23.86	23.55	-0.8	0.65
Total Assets, 3 Yr. CAGR %	24.43	19.29	15.87	8.38	5.05
Tangible Book Value, 3 Yr. CAGR %	35.18	32.52	24.92	5.38	1.59
Common Equity, 3 Yr. CAGR %	35.18	32.52	24.92	5.38	1.59
Cash From Operations, 3 Yr. CAGR %	70.09	-3.33	61.47	-15.75	-23.76
Capital Expenditures, 3 Yr. CAGR %	3.21	-29.53	-5.83	7.1	114.82
Levered Free Cash Flow, 3 Yr. CAGR %	15.25	-48.86	9.79	9.77	68.06
Unlevered Free Cash Flow, 3 Yr. CAGR %	22.27	-36.22	12.86	3.71	22.24
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	25.29	21.01	17.08	15.8	10.15
Gross Profit, 5 Yr. CAGR %	24.64	19.92	-5.52	-17.92	-14.56
EBITDA, 5 Yr. CAGR %	38.14	32.4	-17.47	-20.37	-44.34
EBITA, 5 Yr. CAGR %	49.38	43.07	-25.83	-11.32	-42.64
EBIT, 5 Yr. CAGR %	49.38	43.07	-25.83	-11.32	-42.64
Earnings From Cont. Operations, 5 Yr. CAGR %	68.08	58.54	-32.77	5.09	-16.2
Net Income, 5 Yr. CAGR %	67.38	44.47	-32.19	3.82	-19.26
Normalized Net Income, 5 Yr. CAGR %	60.48	42.43	-32.58	-6.06	-26.06
Diluted EPS Before Extra, 5 Yr. CAGR %	56.45	35.39	-34.6	-1.71	-22
Accounts Receivable, 5 Yr. CAGR %	20.76	25.24	21.92	16.42	7.64
Inventory, 5 Yr. CAGR %	12.16	30.7	10.93	-2.3	3.25
Net Property, Plant and Equip., 5 Yr. CAGR %	31.95	14.72	12.81	13.41	15.48
Total Assets, 5 Yr. CAGR %	23.12	19.62	17.92	14.5	10.85
Tangible Book Value, 5 Yr. CAGR %	23.48	24.98	25.22	20.18	12.24
Common Equity, 5 Yr. CAGR %	23.48	24.98	25.22	20.18	12.24
Cash From Operations, 5 Yr. CAGR %	52.09	-13.13	-3.11	22.77	15.8
Capital Expenditures, 5 Yr. CAGR %	74.41	-39.59	-9.78	15.3	26.29
Levered Free Cash Flow, 5 Yr. CAGR %	46.53	-27.56	-1.17	13.83	-1.14
Unlevered Free Cash Flow, 5 Yr. CAGR %	41.51	-21.19	-1.88	14.84	-5.23