AJINOMOTO (M) BHD

KLSE (MYR): AJI (2658)

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Last Price

15.32

Today's Change

-0.06 (0.39%)

Day's Change

15.20 - 15.50

Trading Volume

21,700

Financial
Market Cap

Market Cap

931 Million

NOSH

61 Million

Latest Quarter

Latest Quarter

30-Sep-2024 [#2]

Announcement Date

18-Nov-2024

Next Quarter

31-Dec-2024

Est. Ann. Date

28-Feb-2025

Est. Ann. Due Date

01-Mar-2025

QoQ | YoY

-3.36% | 76.66%

T4Q Result

Revenue | NP to SH

678,433.000 | 416,072.000

RPS | P/RPS

1,115.86 Cent | 1.37

EPS | P/E | EY

684.34 Cent | 2.24 | 44.67%

DPS | DY | Payout %

250.40 Cent | 16.34% | 36.59%

NAPS | P/NAPS

13.31 | 1.15

QoQ | YoY

1.94% | 767.38%

NP Margin | ROE

61.33% | 51.42%

F.Y. | Ann. Date

30-Sep-2024 | 18-Nov-2024

Latest Audited Result

Latest Audited Result

31-Mar-2024

Announcement Date

26-Jul-2024

Next Audited Result

31-Mar-2025

Est. Ann. Date

26-Jul-2025

Est. Ann. Due Date

27-Sep-2025

Annual (Unaudited)

Revenue | NP to SH

636,446.000 | 401,420.000

RPS | P/RPS

1,046.80 Cent | 1.46

EPS | P/E | EY

660.25 Cent | 2.32 | 43.10%

DPS | DY | Payout %

9.10 Cent | 0.59% | 1.38%

NAPS | P/NAPS

15.20 | 1.01

YoY

1360.13%

NP Margin | ROE

63.07% | 43.44%

F.Y. | Ann. Date

31-Mar-2024 | 29-May-2024

Annualized Result

Revenue | NP to SH

709,754.000 | 74,434.000

RPS | P/RPS

1,167.38 Cent | 1.31

EPS | P/E | EY

122.42 Cent | 12.51 | 7.99%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

-1.68% | 64.93%

NP Margin | ROE

10.49% | 9.20%

F.Y. | Ann. Date

30-Sep-2024 | 18-Nov-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 2 / 4 50.00% 2 / 8 25.00%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted EPS Growth 0 / 4 0.00% 0 / 8 0.00%
Total Dividend Years 1 / 4 25.00% 2 / 8 25.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 11.67% 6.96%
Average Net Profit Margin 67.00% 37.34%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 3 / 5 60.00% 3 / 10 30.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Profit Growth 2 / 5 40.00% 2 / 10 20.00%
Continuous Quarters Of Adjusted EPS Growth 2 / 5 40.00% 2 / 10 20.00%
Total Dividend Years 2 / 5 40.00% 6 / 10 60.00%
Continuous Quarters Of Dividend 2 / 5 40.00% 2 / 10 20.00%
Continuous Quarters Of Dividend Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Adjusted Dps Growth 2 / 5 40.00% 2 / 10 20.00%
Average ROE 14.63% 16.15%
Average Net Profit Margin 18.91% 18.37%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 678,433 709,754 636,446 467,419 525,935
NP to SH 416,072 74,434 401,420 92,297 110,429
Dividend 152,240 304,481 5,532 10,022 2,140
Adjusted EPS 684.34 122.42 660.25 151.81 181.63
Adjusted DPS 250.40 500.80 9.10 16.49 3.52

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.

Growth

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 7.00% 11.61% 13.42% 8.16% 13.29%
NP to Owner -3.36% 76.66% 64.93% -82.42% -68.47%
Dividend 0.00% 0.00% 2,651.65% 0.00% 0.00%
Adjusted EPS -3.37% 76.63% 64.94% -82.42% -68.47%
Adjusted DPS 0.00% 0.00% 2,651.65% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 6.60% 29.00% 45.14% 11.52% 34.95% 51.85% 5.42% 21.01% 36.16%
NP to Owner 3.65% 276.78% 350.80% -81.46% -32.60% -19.35% 1,360.13% 263.51% 334.92%
Dividend 2,651.65% 7,013.64% 1,418.96% 5,403.30% 14,127.28% 2,937.91% 7.06% 158.52% -44.80%
Adjusted EPS 3.65% 276.77% 350.79% -81.46% -32.60% -19.36% 1,360.08% 263.51% 334.92%
Adjusted DPS 2,651.65% 7,013.64% 1,418.96% 5,403.30% 14,127.27% 2,937.91% 7.06% 158.52% -44.80%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Discussions
9 people like this. Showing 50 of 1,675 comments

BudiLee

Yes, UP is a good one, very consistent growth since 12 years ago.

2024-05-08 12:47

BudiLee

I saw AJI price start going up today, any idea what will happen until the day before the ex-date and after the ex-date?

2024-05-09 14:14

donald770

Aji is around 17 ringgit ex dividend, which is attractive in value with projected growth due to its more efficient new plant, better cost control n its inelastic monopoly demand.

2024-05-09 20:25

EngineeringProfit

Nevermind about that......sold @ RM21 oredi

Recollect slowly below 15.00 later.....

2024-05-10 13:50

JIBAOK

Ajinomoto Malaysia Sells Land to TS Law for RM408 Mil Cash, Plans Special Dividend of RM2.12 Sen Per Share
Today is last date for ex-devidend.

2024-05-14 10:34

RInvest

Looks like opening at 16.88

2024-05-15 08:07

BudiLee

Not bad AJI, hope the price will bounce back soon

2024-05-15 14:03

Nepo

It seems share price adjustment nearly complete
Top up some at RM 16.xx to get ready for good QR announcement

Wish me good luck

2024-05-16 07:58

EngineeringProfit

Can wait.....................

2024-05-16 08:09

Nepo

Nibble some RM 16.44 today

2024-05-16 11:13

yeinemesis

4.00pm Still falling.... how high can it bounce back?

2024-05-16 16:23

EngineeringProfit

Can start collecting from around 15.50

2024-05-17 10:43

Amazonboy

Got some @15.72...let d games begin...Lol

2024-05-17 11:24

EngineeringProfit

Yummy huh?

2024-05-17 11:25

donald770

My guess the coming qr is good. There will be substantial relating as it is pressed down a lot

2024-05-18 09:09

donald770

Rerating

2024-05-18 14:11

Nepo

nibble some at RM 15.86 today..

2024-05-20 15:14

yeinemesis

Still selling mood. May be need to wait 13.00-14.00 to enter.

2024-05-20 15:58

EngineeringProfit

Ok

2024-05-20 16:14

theong

Sold mostly at 21. today start buying again 15.8 .

2024-05-20 21:25

Nepo

yeah!
No bad collected at low price

2024-05-23 10:09

Nepo

current price 16.70+dividend price 2.12 = cum dividend price approx. RM19..still ok near recent high RM 21 not far away

2024-05-23 10:11

Nepo

Top up some RM 16.38

2024-05-24 12:39

DickyMe

RM 8.50 coming soon!

2024-06-12 19:51

zodiac

Hi experts, I'm curious Why is this keep falling? I read their report it wasn't that bad, or I missed something that make people lost confident?

2024-06-25 14:45

hoplanner

evryting is fine. Its quarterly sales down and up thus affecting the NP. One time gain fr sale of land resulted in huge jump in NP in the last qtr. The impt point is aji is a solid co ddespite the land sale.

2024-06-28 16:27

DickyMe

38.4 sen dividend, if you buy now, say 2000 shares, return is only ~ 2.4% on the investment cost. You must pray that the price doesn't slide down otherwise you will be hugging the bear.

2024-07-01 22:43

Nepo

At this price RM 15.1x, anyone dares to buy in..

Whether it is at the bottom or not definately need to see what the operator thinks this price is sufficient to force out the unstable buyers or not..

2024-07-12 09:21

marzuq

wait until dividen. Then start collect again

2024-07-12 17:30

Dehcomic01

Ajinomoto bottom line over the past 12 years was boosted by 2 land gains that resulted in about the same contribution to the past 12 years' earnings as the operating profits. The land gains are one-off items and moving forward we have to rely just on the operations.

Ajinomoto is a mature company with revenue growing at 6.1 % CAGR over the past 12 years. So you may think that there is not much hope for better results.

But the company relocated to a new plant in 2022 and its operating results since then provide a good picture of its future. It is also financially sound. On such a basis I found that there is more than a 30% margin of safety making it an investment opportunity.
https://www.youtube.com/watch?v=-Kpt8_fuGj8

2024-07-17 14:00

Amazonboy

2.4% divvy...u might as well keep in FD...Lol

2024-08-01 21:06

emmcee

coming quarter results expected to be better than last quarter.

2024-08-17 11:13

emmcee

steady eps 31.13sen, more to come

2024-08-26 20:40

donald770

One of the few high eps for the last 10 years.Yes. More to come.

2024-08-26 20:48

abcb

TP 20

2024-08-27 09:06

donald770

Now good time to acquire. It's the usual price adjustment after ex div.

2024-09-02 05:51

Nepo

top up some @ RM 14.94 today

2024-09-12 13:37

Nepo

top up some at RM 15.12
that day i attended agm. company said they don't manufacture MSG . They import MSG raw material and do packaging and halal certification. With strong RM, i believe Aji will be benefited

2 months ago

donald770

Nepo,u are decisively clear how Forex help aji.Thanks.

2 months ago

donald770

There is report that Aji's rival is selling its products cheaply. Any impact on Aji. Your take

1 month ago

donald770

Q result is out. Encouraging !!!

1 month ago

Nepo

Finally it becomes NET CASH COMPANY
You can expect generous dividend in foreseeable future

1 month ago

donald770

😀😀😀

4 weeks ago

Nepo

“两岸猿声啼不住,轻舟已过万重山。”,

2 weeks ago

Up_down

Getting more thirsty after drinking ajinomoto soup.

2 weeks ago

snailly

Hi sifu2, any chance that Aji will go up to its former price again?

1 week ago

emmcee

Target market cap 1.2 billion with assumption AJI need to deliver 80m net profit with PE 15 next financial year.

1 week ago

Up_down

Target EPS 120 cents and 90% dividend payout or dividend yield 7% on the back of high net cash in its piggy bank.

1 week ago

alan26334

middle east countries is new growth engine, will see the company hit history high soon..

5 days ago

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