| Financial Year Ended 31 March | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| 12 months Audited |
12 months Audited |
12 months Audited |
12 months Audited |
12 months Audited |
|
| Key Financials | |||||
| Revenue (RM'000) | 224,287 | 253,434 | 112,201 | 45,069 | 39,009 |
| Earnings Before Interest Tax, Depreciation and Amortisation (EBITDA) (RM'000) | 26,581 | 19,473 | 14,703 | 11,100 | 8,605 |
| Profit Before Taxation (PBT) (RM'000) | 22,688 | 16,485 | 12,240 | 9,306 | 7,219 |
| Profit After Taxation (PAT) (RM'000) | 16,436 | 15,976 | 11,118 | 8,238 | 6,498 |
| PAT Attributable to Owners of the Company (RM'000) | 16,147 | 15,665 | 11,124 | 8,239 | 6,499 |
| Total Assets (RM'000) | 226,135 | 166,614 | 88,150 | 37,285 | 29,012 |
| Shareholders’ Fund (RM'000) | 131,367 | 80,850 | 31,680 | 20,555 | 12,334 |
| Key Ratios | |||||
| PBT Margin (1) (%) | 10.1 | 6.5 | 10.9 | 20.6 | 18.5 |
| PAT Margin (1) (%) | 7.3 | 6.3 | 9.9 | 18.3 | 16.7 |
| Basic Earnings Per Share (EPS) (sen) | 2.7 (3) | 4.2 (3) | 2.8 (1)(2) | 2.1 (1)(2) | 1.7 (1)(2) |
| Trade Receivables Turnover (4) (days) | 108 | 56 | 71 | 83 | 75 |
| Trade Payables Turnover (5) (days) | 88 | 54 | 54 | 31 | 22 |
| Inventories Turnover (6) (days) | 30 | 19 | 7 | 19 | 20 |
| Current Ratio (7) (times) | 2.7 | 2.0 | 1.6 | 2.6 | 2.0 |
| Gearing Ratio (8) (times) | 0.1 | 0.3 | 0.6 | 0.5 | 0.8 |
Notes:
| (1) | Based on continuing operations |
| (2) | Calculated based on PAT attributable to owners of the Company and share capital of 291,795,655 Shares in issue before IPO |
| (3) | Calculated based on PAT attributable to owners of the Company and Weighted average number of ordianry shares in issue |
| (4) | Computed based on average trade receivables (excluding retention sum) and adjusted to include contract assets as at year end over revenue for the year multiplied by 365 days for each financial year. Contract assets are included as part of trade receivables as we have recognised revenue associated with it |
| (5) | Computed based on average trade payables (excluding retention sum) as at year end over cost of sales for the year multiplied by 365 days for each financial year |
| (6) | Computed based on average inventory as at year end over cost of sales for the year multiplied by 365 days for each financial year |
| (7) | Computed based on current assets over current liabilities as at each year end |
| (8) | Computed based on total borrowings (inclusive of Redeemable Preference Shares) over total equity attributable to owners of the Company as at each year end |
# Please read this section in conjunction with Solarvest Holdings Berhad's Prospectus dated 30 September 2019.