14
Annual Report 2015
Chairman’s Statement
(Cont’d)
REVIEW OF PERFORMANCE
Datasonic’s net profit after tax (“PAT”) for FPE2015 has decreased by approximately RM10 million as
compared to the results of FYE2013 mainly due to relatively lower quantities of consumables delivered
in the current period and increase in operating expenses. Although the Group has reported revenues of
RM285.172 million in FPE2015 which surpasses the RM260.741 million reported in FYE2013, its current net
PAT of RM71.822 million compares less favorably with the net PAT of RM81.899 million reported in FYE2013.
Congruently, the Group’s basic
earnings per share (EPS) has decreased
to 5.33 sen in FPE2015 as compared
to 6.07 sen in FYE2013 (ex 1:1 bonus
issue), representing a decline of
approximately 12%. Datasonic has
a Price-Earnings (“P/E”) Ratio which
increased by 5 times upon its listing in
2012 to 33 times when Datasonic share
price surged to RM4.87 (ex 1:2 bonus
issue and 5:1 share split).
Year-on-year, the Group’s total
shareholders’ equity rose from
RM177.937 million as at 31 December
2013 to RM222.849 million as at 31
March 2015. On the other hand, total
borrowings reduced from RM151.595
million as at 31 December 2013 to
RM134.359 million as at 31 March 2015,
which resulted in the Group’s debt to
total assets ratio to reduce by 5.6% (i.e.
from FYE2013: 42.3% to FPE2015: 36.7%).
The net assets per share has increased
to 16.51 sen from 13.18 sen in FYE2013,
after adjusting for the enlarged share
capital base as a result of the Group’s
bonus issue exercise to reward the
shareholders for their continued
support to the Group and to improve
trading liquidity, making the shares
more accessible to the investors.
0
50
100
150
200
250
300
RM’mil
REVENUE
OPEX
Current Year (FPE2015)
285.172
201.505
75.537
71.822
260.741
163.095
93.744
81.899
PBT
PAT
Previous Year (FYE2013)
RM’mil
FYE2012
FYE2013
FPE2015
Total Equity
110.660
177.937
222.849
100.434
151.595
134.359
29.730
29.044
8.727
Total Borrowings
Other Liabilities
0
50
100
150
200
250
300
350
400
FYE2012
FYE2013
FPE2015
21
17
19
2.08
EPS (sen)
P/E Ratio (times)
6.07
5.33
0
5
10
15
20
25
