PublicInvest Research

TECHNICAL BUY: CPETECH (5317)

PublicInvest
Publish date: Mon, 23 Dec 2024, 08:44 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Technical chart: CPETECH

Key Technical Analysis
Last closing price: RM0.925
Support Level Share Price Resistance Level Share Price
1st Support 0.900 1st Resistance 1.02
2nd Support 0.825 2nd Resistance 1.09
3rd Support 0.755 3rd Resistance 1.15

Description

CPETECH is a leading one-stop solution provider in quality precision machining and mechanical assemblies.

Fundamentals

Entering FY25, the Group expects growth in key sectors such as semiconductors, life sciences, and medical devices, with 1QFY25 momentum boosted by inventory replenishment.

Key Financial Data
Growth / Ratio FY22 FY23 FY24
Revenue growth (%) 48.59 4.63 -38.00
Normalised net income growth (%) 82.65 -10.74 -63.70
Return on equity (%) 42.24 25.11 4.92
Return on asset (%) 22.89 16.97 4.12
Price earnings ratio (x) - - 67.74
Price to book ratio (x) - - 2.69
Debt to equity ratio (%) 33.70 24.74 4.09

Source: PublicInvest Research - 23 Dec 2024

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