Financial Year Ended 31 March 2024 2023 2022 2021
No. of Months 12 months
Audited
12 months
Audited
12 months
Combined
statements
12 months
Combined
statements
Key Financials        
Revenue (RM'000) 465,866 346,993 99,263 43,330
Gross Profit (GP) (RM'000) 42,998 36,702 20,346 12,866
Profit/(Loss) Before Taxation (PBT/(LBT)) (RM'000) 16,134 21,506 10,859 8,343
Profit/(Loss) After Taxation (PAT/(LAT)) (RM'000) 9,654 13,006 8,887 5,791
PAT/(LAT) Attributable to Owners of The Company (RM'000) 9,656 13,006 8,887 5,791
Total Assets (RM'000) 379,228 285,029 158,233 92,262
Total Equity (RM'000) 140,378 103,507 54,730 11,188
 
Key Ratios        
GP Margin (1) (%) 9.23 10.58 20.50 29.69
PBT Margin (2) (%) 3.46 6.20 10.94 19.25
PAT Margin (3) (%) 2.07 3.75 8.95 13.36
Basic and Diluted EPS/(LPS) (4) (sen) 2.03 3.40 1.90 1.24
Trade Receivables Turnover (5) (days) 30 29 33 108^
Trade Payables Turnover (6) (days) 75 47 95 67^
Inventories Turnover (7) (days) 3 6 14 13^
Current Ratio (8) (times) 1.50 1.53 1.67 1.09
Gearing Ratio (9) (times) 0.95 0.87 0.97 4.19

Notes:

(1) GP margin is calculated based on GP divided by revenue.
(2) PBT margin is calculated based on PBT divided by revenue.
(3) PAT margin is calculated based on PAT divided by revenue.
(4) Basic Earnings Per Share EPS/(LPS) is calculated based on PAT/(LAT) attributable to owners of our Company divided by the assumed number of Shares in issue (2023 using weighted average & 2022 and 2021 using assumed number of shares in isssue after public issue). Diluted EPS/(LPS) are the same as basic EPS/(LPS) as there were no potential dilutive ordinary shares existing during the respective years (2023 using weighted average & 2022 and 2021 using assumed number of shares in isssue after public issue).
(5) Based on trade receivables of the respective financial years over total revenue of the respective financial years, and multiplied by 365 days.
(6) Based on trade payables of the respective financial years over total cost of sales of the respective financial years, and multiplied by 365 days.
(7) Based on inventories of the respective financial years over total cost of sales of the respective financial years, and multiplied by 365 days.
(8) Based on current assets over current liabilities.
(9) Based on total borrowings over total equity before NCI.
^ In computing the ratio for the FYE 2021, the financial results of Suntech Energy and Vafe System have been excluded.

* Please read this section in conjunction with Sunview Group Berhad’s Prospectus dated 23 September 2022 and latest Annual Report.