FPE 31 December
2023		 FYE 31 March
2023		 FYE 31 March
2022		 FYE 31 March
2021		 FYE 31 March
2020
  9 months
(Unaudited)		 12 months
(Audited)		 12 months
(Audited)		 12 months
(Audited)		 12 months
(Audited)
KEY FINANCIALS
Statement of Comprehensive Income (RM'000)
Revenue 1,135,326 1,394,677 1,290,202 1,025,044 1,077,629
Gross Profit (GP) 63,225 77,160 113,028 88,736 80,906
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA)(1) 51,654 47,729 78,260 57,573 50,229
Profit Before Taxation (PBT) 26,395 20,694 58,383 40,071 29,047
Profit and Total Comprehensive Income For The Period/Year 23,081 15,397 43,266 29,166 20,343
Total Comprehensive Income Attributable to Owners of The Group 23,001 15,397 43,207 28,782 19,087
 
Statement of Financial Position (RM'000)
Total Assets 1,092,547 918,832 879,359 812,260 715,199
Shareholders’ Equity 348,084 329,771 230,352 218,364 197,536
Total Equity 348,780 329,771 230,352 223,227 202,015
Total Borrowings 639,187 485,326 528,803 489,713 456,564
 
RATIO ANALYSIS
Per Share Data (sen)
Basic Earnings Per Share (EPS) 1.51.0 180(11) 523(12) 381
 
Profitability (%)
GP Margin (2) 5.6 5.5 8.8 8.7 7.5
PBT Margin (3) 2.3 1.5 4.5 3.9 2.7
PAT Margin (4) 2.0 1.1 3.4 2.8 1.9
 
Efficiency (days)
Trade Receivables Turnover (5) 104 98 104 121 105
Trade Payables Turnover (6) 22 24 27 26 20
Inventories Turnover (7) 61 50 42 48 48
 
Liquidity (times)
Current Ratio (8) 1.41.5 1.3 1.3 1.4
 
Gearing (times)
Gearing Ratio (9) 1.81.5 2.3 2.2 2.3
Net Gearing Ratio (10) 1.81.2 1.9 1.8 2.1

Notes:

(1) EBITDA is calculated as profit for the relevant financial period/year plus (i) taxation; (ii) finance costs; and (iii) depreciation and amortisation, less (iv) finance income.
(2) Calculated based on GP divided by revenue.
(3) Calculated based on PBT divided by revenue.
(4) Calculated based on total comprehensive income for the period/year divided by revenue.
(5) Computed based on average opening and closing trade receivables over revenue for the year multiplied by 365 days for each financial year.
(6) Computed based on average opening and closing trade payables over cost of sales for the year multiplied by 365 days for each financial year.
(7) Computed based on average opening and closing inventory over cost of sales for the year multiplied by 365 days for each financial year.
(8) Computed based on current assets over current liabilities as at each financial period/year end.
(9) Computed based on total borrowings over total equity as at each financial period/year end.
(10) Computed based on net borrowings (total borrowings less cash and cash equivalents) over total equity as at each financial period/year end.
(11) Based on the weighted average number of 23,973,000 ordinary shares as at 31 March 2022 after the completion of the restructuring exercise but before the public issue and issuance of 312,500,000 ordinary shares.
(12) Based on the weighted average number of 5,500,000 ordinary shares as at 31 March 2021 taking into account the invested equity of Syarikat Logam Unitrade Sdn Bhd, Ricwil (Malaysia) Sdn Bhd and its subsidiary, Unitrade United Sdn Bhd and Unitrade Sdn Bhd at the end of FY2021.

* Please read this section in conjunction with Unitrade Industries Berhad’s Prospectus dated 28 April 2022.