Income Statement TPC Plus

Stocks

7176

MYL7176OO000

Fishing & Farming

Market Closed - BURSA MALAYSIA 04:50:01 2026-08-24 EDT			5-day change	1st Jan Change
0.2600 ^MYR	0.00%		-1.89%	-14.75%

05-28	Tpc Plus Berhad Announces First Interim Single Tier Dividend for the Financial Year Ending 31 December 2026, Payable on 08 July 2026	CI
05-28	TPC Plus Berhad Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

1e2ec78f0ae54277a3ff.k0948FzOAp2TMe7HJA16h94coRDvkgaaNHDUnfaFXxE.pidAgjGXb9TYXp-DUUpL34dfjFWs21fgRQa-_JjcBVjXBROFb6h4-cIDhQ

Published financial data: TPC PLUS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	302M	438M	453M	455M	487M
Total Revenues	302M	438M	453M	455M	487M
Cost of Goods Sold, Total	327M	434M	443M	449M	496M
Gross Profit	-25.07M	3.85M	9.24M	6.49M	-8.75M
Selling General & Admin Expenses, Total	3.35M	4.68M	5.88M	4.66M	5.31M
Provision for Bad Debts	-	-	-	-875K	-
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	3.35M	4.68M	5.88M	3.78M	5.31M
Operating Income	-28.42M	-824K	3.35M	2.71M	-14.06M
Interest Expense, Total	-3.16M	-2.91M	-3.46M	-4.78M	-4.65M
Interest And Investment Income	34.23K	24.78K	103K	697	699
Net Interest Expenses	-3.13M	-2.89M	-3.36M	-4.78M	-4.65M
Other Non Operating Income (Expenses)	572K	11.1M	49.91M	27.95M	36.83M
EBT, Excl. Unusual Items	-30.98M	7.39M	49.9M	25.89M	18.13M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
EBT, Incl. Unusual Items	-30.98M	7.39M	49.9M	25.89M	18.13M
Income Tax Expense	-2.53M	68.21K	6.49M	7.61M	4.15M
Earnings From Continuing Operations	-28.45M	7.32M	43.41M	18.28M	13.98M
Net Income to Company	-28.45M	7.32M	43.41M	18.28M	13.98M
Net Income - (IS)	-28.45M	7.32M	43.41M	18.28M	13.98M
Net Income to Common Incl Extra Items	-28.45M	7.32M	43.41M	18.28M	13.98M
Net Income to Common Excl. Extra Items	-28.45M	7.32M	43.41M	18.28M	13.98M
Per Share Items
Net EPS - Basic	-0.1	0.02	0.14	0.06	0.05
Basic EPS - Continuing Operations	-0.1	0.02	0.14	0.06	0.05
Basic Weighted Average Shares Outstanding	295M	308M	308M	308M	308M
Net EPS - Diluted	-0.1	0.02	0.14	0.06	0.05
Diluted EPS - Continuing Operations	-0.1	0.02	0.14	0.06	0.05
Diluted Weighted Average Shares Outstanding	295M	308M	308M	308M	308M
Normalized Basic EPS	-0.07	0.01	0.1	0.05	0.04
Normalized Diluted EPS	-0.07	0.01	0.1	0.05	0.04
Dividend Per Share	-	-	-	0.02	0
Payout Ratio	-	-	-	33.73	11.02
Supplemental Items
EBITDA	-20.56M	8.92M	13.49M	14.44M	-1.62M
EBITA	-28.42M	-824K	3.35M	2.71M	-14.06M
EBIT	-28.42M	-824K	3.35M	2.71M	-14.06M
EBITDAR	-20.56M	8.92M	13.49M	14.44M	-1.62M
Effective Tax Rate - (Ratio)	8.16	0.92	13	29.4	22.88
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	48.18K	68.21K	167K	7.07M	3.3M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-2.58M	-	6.32M	539K	842K
Normalized Net Income	-19.36M	4.62M	31.19M	16.18M	11.33M
Interest on Long-Term Debt	653K	475K	432K	383K	617K
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.22M	1.48M	1.46M	1.67M	1.95M
General and Administrative Expenses	2.13M	3.2M	4.42M	2.98M	3.36M
Net Rental Expense, Total	820	820	820	820	820
Imputed Operating Lease Interest Expense	311	310	323	373	340
Imputed Operating Lease Depreciation	509	510	497	447	480

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	9.33M	12.26M	43.88M	49.21M	52.82M
Short Term Investments	1.07M	4.09M	9.62M	20.59M	20.73M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	10.4M	16.35M	53.5M	69.79M	73.55M
Accounts Receivable, Total	60.32M	57.58M	97.35M	106M	118M
Other Receivables	35.5K	37.3K	373K	293K	36.02K
Total Receivables	60.36M	57.62M	97.72M	106M	119M
Inventory	9.63M	15.51M	13.21M	12.84M	14.52M
Prepaid Expenses	986K	1.19M	1.48M	1.53M	1.6M
Other Current Assets, Total	29.29M	32.36M	24.31M	20.15M	11.77M
Total Current Assets	111M	123M	190M	211M	220M
Gross Property Plant And Equipment	184M	187M	211M	216M	269M
Accumulated Depreciation	-73.02M	-82.64M	-92.77M	-104M	-116M
Net Property Plant And Equipment	111M	105M	118M	112M	153M
Other Long-Term Assets, Total	-	-	-	330K	290K
Total Assets	221M	228M	309M	324M	373M
Liabilities
Accounts Payable, Total	85.02M	89.93M	94.99M	91.72M	103M
Accrued Expenses, Total	984K	2.11M	2.64M	2.77M	2.68M
Short-term Borrowings	46.04M	41.83M	51.44M	55.05M	49.35M
Current Portion of Long-Term Debt	3.79M	3.86M	5.41M	4.94M	4.95M
Current Portion of Leases	3.34M	4.13M	3.56M	3.15M	4.06M
Current Income Taxes Payable	12.48K	6.46K	57.4K	4.57M	1.52M
Other Current Liabilities	524K	1.76M	1.16M	1.17M	19.14M
Total Current Liabilities	140M	144M	159M	163M	185M
Long-Term Debt	7.53M	7.62M	23.13M	18.09M	28.65M
Long-Term Leases	4.87M	-	-	3.25M	7.57M
Deferred Tax Liability Non Current	6.3M	6.3M	12.62M	13.16M	14M
Total Liabilities	158M	158M	195M	198M	235M
Common Stock, Total	86.08M	86.08M	86.08M	86.08M	86.08M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-35M	-27.68M	15.73M	27.84M	47.11M
Comprehensive Income and Other	11.79M	11.79M	11.79M	11.79M	4.97M
Total Common Equity	62.87M	70.19M	114M	126M	138M
Total Equity	62.87M	70.19M	114M	126M	138M
Total Liabilities And Equity	221M	228M	309M	324M	373M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	308M	308M	308M	308M	308M
ECS Total Common Shares Outstanding	308M	308M	308M	308M	308M
Book Value / Share	0.2	0.23	0.37	0.41	0.45
Tangible Book Value	62.87M	70.19M	114M	126M	138M
Tangible Book Value Per Share	0.2	0.23	0.37	0.41	0.45
Total Debt	65.58M	57.44M	83.53M	84.48M	94.59M
Net Debt	55.18M	41.09M	30.03M	14.69M	21.04M
Debt Equivalent Oper. Leases	6.56K	6.56K	6.56K	6.56K	6.56K
Account Code - Inventory Valuation	6	-	6	6	6
Inventories - Raw Materials, Total	9.38M	14.14M	12.74M	12.37M	13.78M
Inventories - Finished Goods, Total	157K	332K	191K	219K	482K
Inventories - Others	87.89K	1.03M	285K	250K	259K
Land - (BS)	35.08M	35.08M	40.28M	40.62M	47.35M
Buildings, Total	33.63M	38.68M	39.7M	40.19M	52.29M
Machinery, Total	93.18M	113M	131M	135M	169M
Full Time Employees	-	-	429	409	416
Accumulated Allowance for Doubtful Accounts (Supple)	3.86M	1.18M	1.18M	302K	302K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-28.45M	7.32M	43.41M	18.28M	13.98M
Depreciation & Amortization - CF	10.31M	9.74M	10.14M	11.73M	12.44M
Depreciation & Amortization, Total	10.31M	9.74M	10.14M	11.73M	12.44M
(Gain) Loss From Sale Of Asset	-	-	-1K	-1.4K	-1K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-305K	-1.02M
Asset Writedown & Restructuring Costs	42.57K	-	-	-	-
Provision and Write-off of Bad Debts	-	395K	-	-875K	-
Other Operating Activities, Total	528K	2.88M	9.63M	9.76M	780K
Change In Accounts Receivable	-8.19M	2.14M	-432K	656K	-1.96M
Change In Inventories	272K	-5.88M	2.3M	371K	-1.67M
Change In Accounts Payable	23.92M	7.61M	4.63M	-3.28M	10.25M
Change in Other Net Operating Assets	-1.24M	-673K	-34.09M	-5.49M	-1.51M
Cash from Operations	-2.82M	23.52M	35.59M	30.85M	31.29M
Capital Expenditure	-12.6K	-283K	-23.27M	-647K	-24.39M
Sale of Property, Plant, and Equipment	-	-	1K	1.4K	1K
Investment in Marketable and Equity Securities, Total	-16.67K	-18.94K	-3.53M	2.93M	1.92M
Other Investing Activities, Total	6.25K	-2.37M	2.31M	267K	1.95M
Cash from Investing	-23.02K	-2.67M	-24.49M	2.55M	-20.52M
Short Term Debt Issued, Total	5.83M	5K	10.11M	3.65M	123K
Long-Term Debt Issued, Total	-	-	27.65M	-	15.81M
Total Debt Issued	5.83M	5K	37.76M	3.65M	15.93M
Short Term Debt Repaid, Total	-82.11K	-3.32M	-56.04K	-	-5.71M
Long-Term Debt Repaid, Total	-8.32M	-7.47M	-11.71M	-7.77M	-10.19M
Total Debt Repaid	-8.4M	-10.79M	-11.77M	-7.77M	-15.89M
Issuance of Common Stock	12.66M	-	-	-	-
Common Dividends Paid	-	-	-	-6.16M	-1.54M
Common & Preferred Stock Dividends Paid	-	-	-	-6.16M	-1.54M
Other Financing Activities, Total	-3.16M	-2.91M	-3.46M	-4.78M	-4.65M
Cash from Financing	6.94M	-13.7M	22.53M	-15.07M	-6.15M
Net Change in Cash	4.09M	7.16M	33.62M	18.33M	4.62M
Supplemental Items
Cash Interest Paid	3.16M	2.91M	3.46M	4.78M	4.65M
Cash Income Tax Paid (Refund)	73.69K	76.02K	86.3K	2.56M	6.35M
Levered Free Cash Flow	4.73M	7.97M	-38.69M	6.86M	-2.78M
Unlevered Free Cash Flow	6.71M	9.79M	-36.52M	9.85M	127K
Change In Net Working Capital	-14.17M	-851K	25.48M	2.92M	-20.86M
Net Debt Issued / Repaid	-2.56M	-10.79M	25.99M	-4.12M	34.75K

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-8.36	-0.23	0.78	0.54	-2.52
Return on Total Capital	-13.49	-0.4	1.29	0.83	-3.97
Return On Equity %	-43.86	11	47.24	15.27	10.6
Return on Common Equity	-43.86	11	47.24	15.27	10.6
Margin Analysis
Gross Profit Margin %	-8.3	0.88	2.04	1.43	-1.8
SG&A Margin	1.11	1.07	1.3	1.02	1.09
EBITDA Margin %	-6.8	2.04	2.98	3.17	-0.33
EBITA Margin %	-9.41	-0.19	0.74	0.6	-2.88
EBIT Margin %	-9.41	-0.19	0.74	0.6	-2.88
Income From Continuing Operations Margin %	-9.41	1.67	9.59	4.01	2.87
Net Income Margin %	-9.41	1.67	9.59	4.01	2.87
Net Avail. For Common Margin %	-9.41	1.67	9.59	4.01	2.87
Normalized Net Income Margin	-6.41	1.05	6.89	3.55	2.32
Levered Free Cash Flow Margin	1.56	1.82	-8.55	1.51	-0.57
Unlevered Free Cash Flow Margin	2.22	2.24	-8.07	2.16	0.03
Asset Turnover
Asset Turnover	1.42	1.95	1.69	1.44	1.4
Fixed Assets Turnover	2.8	4.07	4.06	3.95	3.67
Receivables Turnover (Average Receivables)	5.38	7.43	5.84	4.47	4.34
Inventory Turnover (Average Inventory)	33.53	34.55	30.87	34.46	36.27
Short Term Liquidity
Current Ratio	0.79	0.86	1.19	1.29	1.19
Quick Ratio	0.51	0.51	0.95	1.08	1.04
Operating Cash Flow to Current Liabilities	-0.02	0.16	0.22	0.19	0.17
Days Sales Outstanding (Average Receivables)	67.86	49.12	62.47	81.79	84.13
Days Outstanding Inventory (Average Inventory)	10.89	10.56	11.82	10.62	10.06
Average Days Payable Outstanding	81.39	72.55	76.65	76.17	71.43
Cash Conversion Cycle (Average Days)	-2.65	-12.86	-2.36	16.24	22.76
Long Term Solvency
Total Debt/Equity	104.3	81.84	73.53	67.2	68.46
Total Debt / Total Capital	51.05	45.01	42.37	40.19	40.64
LT Debt/Equity	19.72	10.86	20.36	16.98	26.22
Long-Term Debt / Total Capital	9.65	5.97	11.73	10.15	15.57
Total Liabilities / Total Assets	71.59	69.18	63.19	61.15	62.98
EBIT / Interest Expense	-8.99	-0.28	0.97	0.57	-3.03
EBITDA / Interest Expense	-5.73	3.06	3.9	3.02	-0.35
(EBITDA - Capex) / Interest Expense	-5.73	2.97	-2.83	2.88	-5.6
Total Debt / EBITDA	-3.62	6.44	6.19	5.85	-58.5
Net Debt / EBITDA	-3.05	4.61	2.23	1.02	-13.01
Total Debt / (EBITDA - Capex)	-3.62	6.65	-8.54	6.12	-3.64
Net Debt / (EBITDA - Capex)	-3.04	4.76	-3.07	1.06	-0.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	24.99	44.95	3.33	0.62	7.02
Gross Profit, 1 Yr. Growth %	10.44	-115.37	139.72	-29.69	-234.76
EBITDA, 1 Yr. Growth %	13.25	-149.22	51.29	7.06	-111.2
EBITA, 1 Yr. Growth %	6.94	-97.1	-506.58	-19.04	-617.97
EBIT, 1 Yr. Growth %	6.94	-97.1	-506.58	-19.04	-617.97
Earnings From Cont. Operations, 1 Yr. Growth %	25.05	-125.72	493.24	-57.9	-23.5
Net Income, 1 Yr. Growth %	25.05	-125.72	493.24	-57.9	-23.5
Normalized Net Income, 1 Yr. Growth %	6.38	-123.84	575.59	-48.13	-29.97
Diluted EPS Before Extra, 1 Yr. Growth %	-0.47	-124.59	493.24	-57.9	-23.5
Accounts Receivable, 1 Yr. Growth %	15.89	-4.55	69.06	9.09	11.57
Inventory, 1 Yr. Growth %	-2.75	61.12	-14.8	-2.81	13.03
Net Property, Plant and Equip., 1 Yr. Growth %	5.36	-5.35	13.06	-5.02	36.05
Total Assets, 1 Yr. Growth %	8.76	2.92	35.51	4.85	15.34
Tangible Book Value, 1 Yr. Growth %	-5.98	11.64	61.85	10.66	9.89
Common Equity, 1 Yr. Growth %	-5.98	11.64	61.85	10.66	9.89
Cash From Operations, 1 Yr. Growth %	-53.6	-933.29	51.3	-13.33	3.71
Capital Expenditures, 1 Yr. Growth %	-91.6	2.14K	8.13K	-97.22	3.67K
Levered Free Cash Flow, 1 Yr. Growth %	1.03K	68.66	-556.89	-117.74	-140.45
Unlevered Free Cash Flow, 1 Yr. Growth %	165.29	46.06	-455.06	-126.98	-98.71
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-75
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.96	34.6	22.38	1.96	3.77
Gross Profit, 2 Yr. CAGR %	32.38	-58.8	-39.3	29.83	-2.66
EBITDA, 2 Yr. CAGR %	4.99	-29.92	-13.71	27.27	-65.38
EBITA, 2 Yr. CAGR %	67.15	-82.39	-65.66	81.43	104.79
EBIT, 2 Yr. CAGR %	67.15	-82.39	-65.66	81.43	104.79
Earnings From Cont. Operations, 2 Yr. CAGR %	269.46	-43.29	23.52	58.03	-43.25
Net Income, 2 Yr. CAGR %	269.46	-43.29	23.52	58.03	-43.25
Normalized Net Income, 2 Yr. CAGR %	110.05	-49.64	26.91	87.21	-39.73
Diluted EPS Before Extra, 2 Yr. CAGR %	254.13	-50.53	20.77	58.03	-43.25
Accounts Receivable, 2 Yr. CAGR %	22.8	5.18	27.03	35.81	10.32
Inventory, 2 Yr. CAGR %	14.67	25.18	17.16	-9	4.81
Net Property, Plant and Equip., 2 Yr. CAGR %	1.88	-0.14	3.45	3.63	13.67
Total Assets, 2 Yr. CAGR %	5.71	5.8	18.09	19.2	9.97
Tangible Book Value, 2 Yr. CAGR %	-15.18	2.45	34.42	33.83	10.28
Common Equity, 2 Yr. CAGR %	-15.18	2.45	34.42	33.83	10.28
Cash From Operations, 2 Yr. CAGR %	-6.34	96.63	255.07	14.51	-6.24
Capital Expenditures, 2 Yr. CAGR %	-68.44	37.27	4.2K	51.3	2.38
Levered Free Cash Flow, 2 Yr. CAGR %	179.2	336.65	186.04	-9.97	-73.21
Unlevered Free Cash Flow, 2 Yr. CAGR %	111.41	96.84	133.38	-2.13	-94.1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.36	21.3	23.25	14.65	3.62
Gross Profit, 3 Yr. CAGR %	30.56	-35.42	-25.9	-36.25	31.45
EBITDA, 3 Yr. CAGR %	6.94	-21.81	-9.43	-7.28	-43.4
EBITA, 3 Yr. CAGR %	54.38	-56.73	-49.85	-54.29	157.38
EBIT, 3 Yr. CAGR %	54.38	-56.73	-49.85	-54.29	157.38
Earnings From Cont. Operations, 3 Yr. CAGR %	105.28	51.99	24.03	-13.72	24.08
Net Income, 3 Yr. CAGR %	105.28	51.99	24.03	-13.72	24.08
Normalized Net Income, 3 Yr. CAGR %	101.84	1.7	19.66	-5.81	34.89
Diluted EPS Before Extra, 3 Yr. CAGR %	99.29	45.55	13.23	-15	24.08
Accounts Receivable, 3 Yr. CAGR %	39.56	12.91	23.21	20.75	27.19
Inventory, 3 Yr. CAGR %	15.52	28.44	10.11	10.09	-2.18
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.59	-0.59	4.08	0.55	13.47
Total Assets, 3 Yr. CAGR %	5.49	4.77	14.9	13.5	17.9
Tangible Book Value, 3 Yr. CAGR %	-9.67	-7.05	19.32	25.98	25.32
Common Equity, 3 Yr. CAGR %	-9.67	-7.05	19.32	25.98	25.32
Cash From Operations, 3 Yr. CAGR %	-39.22	94.07	80.19	121.91	9.97
Capital Expenditures, 3 Yr. CAGR %	-88.25	30.75	437.34	271.73	341.91
Levered Free Cash Flow, 3 Yr. CAGR %	44.74	136.02	352.24	13.23	-31.04
Unlevered Free Cash Flow, 3 Yr. CAGR %	18.61	86.89	143.57	13.69	-76.88
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	26.19	30.8	16.27	13.16	15.05
Gross Profit, 5 Yr. CAGR %	18.98	8.94	-3.89	-14.61	-17.36
EBITDA, 5 Yr. CAGR %	7.01	20.38	-4.31	-4.99	-38.35
EBITA, 5 Yr. CAGR %	30.14	-31.42	-15.38	-23.22	-11.96
EBIT, 5 Yr. CAGR %	30.14	-31.42	-15.38	-23.22	-11.96
Earnings From Cont. Operations, 5 Yr. CAGR %	48.9	6.55	67.54	54.37	-9.28
Net Income, 5 Yr. CAGR %	48.9	6.55	67.54	54.37	-9.28
Normalized Net Income, 5 Yr. CAGR %	41.69	-1.5	67.65	29.81	-9.05
Diluted EPS Before Extra, 5 Yr. CAGR %	42.91	0.81	63.11	50.42	-14.11
Accounts Receivable, 5 Yr. CAGR %	64.45	23.35	34.41	21.57	17.88
Inventory, 5 Yr. CAGR %	55.21	34.8	16.17	11.9	7.96
Net Property, Plant and Equip., 5 Yr. CAGR %	6.43	-1.25	1.01	1.08	7.82
Total Assets, 5 Yr. CAGR %	12.87	5.4	10.36	10.32	12.9
Tangible Book Value, 5 Yr. CAGR %	-2.98	-3.06	5.9	7.54	15.62
Common Equity, 5 Yr. CAGR %	-2.98	-3.06	5.9	7.54	15.62
Cash From Operations, 5 Yr. CAGR %	-22.97	34.02	23.14	57.15	38.75
Capital Expenditures, 5 Yr. CAGR %	-69.29	-60.59	24.53	38.61	176.84
Levered Free Cash Flow, 5 Yr. CAGR %	-7.32	-27.49	90.08	62.46	46.02
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.99	-23.8	55.49	45.7	-45.01