TENAGA NASIONAL BHD

KLSE (MYR): TENAGA (5347)

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Last Price

13.86

Today's Change

+0.06 (0.43%)

Day's Change

13.58 - 13.94

Trading Volume

12,084,200

Overview

Market Cap

80,792 Million

NOSH

5,829 Million

Avg Volume (4 weeks)

9,159,480

4 Weeks Range

13.58 - 14.98

4 Weeks Price Volatility (%)

20.00%

52 Weeks Range

12.66 - 15.24

52 Weeks Price Volatility (%)

46.51%

Previous Close

13.80

Open

13.60

Bid

13.82 x 19,900

Ask

13.86 x 1,141,900

Day's Range

13.58 - 13.94

Trading Volume

12,084,200

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2025 [#1] | 27-May-2025

Next QR | Est. Ann. Date

30-Jun-2025 | 29-Aug-2025

T4Q P/E | EY

16.03 | 6.24%

T4Q DY | Payout %

3.66% | 58.61%

T4Q NAPS | P/NAPS

10.26 | 1.35

T4Q NP Margin | ROE

8.61% | 8.43%

Market Buzz
Company Profile

Sector: UTILITIES

Sector: UTILITIES

Subsector: ELECTRICITY

Subsector: ELECTRICITY

Description:

Tenaga Nasional Bhd, or TNB, is the largest electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and sale of electricity. TNB segments its operations into a generation division, a transmission division, and a distribution division. The generation division encompasses the company?s portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers and the providing of consulting services. The company primarily generates revenue through the sale of electricity in West Malaysia. Its customers are mainly commercial operations, domestic consumers, and large industrial entities.

Discussions
22 people like this. Showing 50 of 13,974 comments

Eagle77

Operator selling and running ⬇️⬇️⬇️🩸🩸🩸

5 days ago

Eagle77

Tax 1.2 billion to be paid 🩸🩸🩸

5 days ago

speakup

RM1.8 Bil. not 1.2

5 days ago

speakup

That equivalent to almost 2 Quarters of profit. Madani govt finally got 1m8 Bil to spend, l

5 days ago

speakup

1.8 Billion is for 2018 only. Still another 5 BILLION sought by LHDN for the other years

5 days ago

Ravetidus

Aiya why u all confused.

YA2018 total amount to be paid is RM1.2bil as not withstanding court outcome, IRB has agreed to waive all penalties relating to the additional assessment.

In total TNB has already paid RM1.8bil for YA2016 and YA2017 total additional assessment and this amount is currently sitting in the books as tax recoverable.

Below is an extract from annual report:
Notwithstanding the outcome of the court proceedings, IRB had agreed to remit all penalties imposed for YAs 2013 to 2018, totalling RM2,438.9 million, in accordance with the signed consent orders in respect of the judicial review proceedings for YAs 2015 to 2017 and YA 2018. The potential tax liability was RM6,810.7 million after the remission of penalties. Nonetheless, the total net cash outflow exposure is estimated at RM5,053.5 million after taking into account the amount paid to IRB in December 2020 of RM1,757.2 million in relation to YAs 2016 and 2017.

5 days ago

Ravetidus

so in short, total potential amount to hit the profit or loss would be RM6.8bil while total potential cash outflow would be RM5.0bil

5 days ago

Ravetidus

however, if u read the federal court judgement carefully, the judge did not say that TNB cannot claim the tax allowances, just that TNB should claim under Schedule 7(b) instead of Schedule 7(a), so this means that there is allowances to be claim, just that under wrong category.

In TNB's announcement, TNB also mentioned that they will be claiming the allowances under Schedule 7(b).

I am not a tax expert, but there should be a difference between 7(a) and 7(b), thus although we are looking at RM6.8bil of tax losses, but actual tax losses might be much much smaller if taking into account the ITA in Schedule 7(b) as mentioned by the judge, thus the losses might be smaller or minimal (if no difference between 7(a) and 7(b))

IRB would have computed the additional assessment by disallowing the reinvestment allowance under 7(a) but didnt include that capital expenditure back to claim under 7(b)

5 days ago

ccpool

So many people chase the high. HAHAHA

5 days ago

speakup

Good Madani govt tax TNB instead of rakyat
Now Madani govt got 6Bil cash for national development

5 days ago

Ravetidus

dun worry, TNB got extra 6bil to collect due to hike in tariff...hahahahha

5 days ago

Eagle77

Post removed.Why?

5 days ago

Ravetidus

investor waiting till last min to buy in

5 days ago

calvintaneng

Tnb is one stock with great visibility of earnings

1. 1st July 2025 confirmed increase of electricity is a long term fundamental positive

5 days ago

calvintaneng

2. Extra 10% to 15% electricity imposed on Data Centers will bring in lots more income stream

a data center lifespan is 25 years

so even if Govt impose one time extra tax Tenaga will recover all and more over a long term uptrend trajectory

5 days ago

calvintaneng

When Data Centers proliferated in India Tata Power of India grew by 703% gain in last 5 years

So Tnb Capex of Rm90 Billions from 2025 to 2030 is a game changer

Tnb will turn into a Big Dividend Cash Cow like United Plant

5 days ago

calvintaneng

So this temporal negative news is actually a blessing in disguise for long term value investors who want dividend

this opportunity is not to be missed

5 days ago

calvintaneng

Conclusion

The positive rise of extra income from electricity tariff over a long term will make up for any extra taxes

So we go for Tnb

👍 thumbs up

5 days ago

pang72

Don't too late to own TNB..
Golden opportunity to buy in cheap price now

5 days ago

pang72

1 QR affected by one time loses then claims back the losses in next 5 years lo

5 days ago

ccpool

this guy asking people to buy at the high. Lol. Dont get rekt yeah

5 days ago

pang72

Despite this, HLIB Research remains unconcerned about the potential one-off tax provision.

“We remain confident that TNB will reach a constructive resolution with all relevant stakeholders (particularly IRB) to minimise impact on its balance sheet and cash flow while asserting its entitlement to Investment Tax Allowance (ITA).

5 days ago

Ravetidus

sapu sajer la, when overnight rates cut comes in, then fly to moon edy

5 days ago

pang72

新电费贵15%

竟然欺骗大众只公布更便宜的计算法(只适合低用电用户)
果然除了骗还是骗

Above statement copy from Facebook...!!

5 days ago

pang72

TNB, IRB, Goverment are one entity.
TNB bankruptcy will cost $81B market cap wipe off.
Whole malaysia in black night, economy pause, then lead to country bankruptcy..

Will government want to tax TNB leads to country bankruptcy?

Let our government to decide

5 days ago

speakup

Tnb won't go bankrupt one lah. Tnb in too big to fail category

4 days ago

speakup

Just like Sapnrg

4 days ago

titan3322

Somebody ask you to Hara Kiri 🤣🤣

4 days ago

mf

fly

4 days ago

Grumpy1

haha, close eyes and buy

4 days ago

titan3322

Better sell now and come back next year, this stock has many institutional investors and previous IB recommendations when price is sky high diaorang have to tahankan ombark, not worth taking the risk, when market turns ugly this stock will dive !

4 days ago

Ravetidus

@titan3322, sell now can buy back cheaper next year?

4 days ago

titan3322

Definitely

4 days ago

INVEST_AA

Rm5.05 billion tax bill!
TNB warned that the ruling may impact its earnings and net assets in FY2025!

Better take profit and run first..

4 days ago

turbochart

Tnb vs Trump 😁

1 day ago

ccpool

3 days ago
this guy asking people to buy at the high. Lol. Dont get rekt yeah

------------------

Instantly 7% down once we take the highs. Sending my regards

1 day ago

titan3322

More downward pressure lor 😄 sudah kasi tau tapi stubborn thinking after big fall good time to buy 🤕🤕🤣🤣

1 day ago

Grumpy1

Tenaga=local + defensive

1 day ago

Awang123

RM5.05 bil ! Jadi ia akan dicatat dlm tax liability?

1 day ago

ChloeTai

Sudah jatuh, ditimpa tangga. Belum selesai dengan tunggakan cukai pendapatan sebanyak RM1.25 bilion, timbul pula satu lagi masalah.

1 day ago

calvintaneng

Tnb is ok

all 33 million Malaysians will see rise of electricity tariff from now till decades later

Data Centers will see EXTRA 10% TO 15% TARIFF

TNB HAS LOCKED IN LONG TERM "HUGE EARNINGS"

TATA POWER (INDIA) UP 703% IN 5 YEARS DUE TO MUSHROOMING DATA CENTERS

IN MALAYSIA TNB MIRRORS TATA POWER EARNINGS

WHAT WAS GOOD FOR TATA POWER IS GOOD FOR TNB

WE TAKE OPPORTUNITY TO ACCUMULATE ON WEAKNESS

1 day ago

titan3322

🪤🪤🤣🤣

23 hours ago

ChloeTai

Fortunate for Malaysia, the tariff which was officially announced by President Donald Trump is 25%, which do not include the additional 10% tariff as a partner country of BRICS. Aminvestment Bank initially expects the tariff for Malaysia is to be between 10% and 24%. In the “worst-case scenario” of Malaysia being slapped with 24% or higher tariffs, AmInvestment Bank warned of a “broad market sell-down”.

17 hours ago

mf

Trump imposes 25% tariffs on Japan, South Korea, Malaysia
Myanmar and Laos see 40% rate, among slew of levies to take effect Aug. 1

16 hours ago

titan3322

Malu apa bossbursa🤣🤣

10 hours ago

ccpool


4 days ago
this guy asking people to buy at the high. Lol. Dont get rekt yeah

------------------

Instantly 7% down once we take the highs. Sending my regards
------------------

Hows everyone underwater positions? 🤣 syok lah summer time can go swimming

10 hours ago

mf


YTL POWER
2025-07-08

Price Target

ESG - POWER - Getting Grid-dy
Source : AmInvest, Price Call : BUY, Price Target : 4.37
Last Price : 4.02, Upside/Downside : +0.35(8.71%)

8 hours ago

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