Income Statement Ajinomoto (Malaysia)

Stocks

2658

MYL2658OO002

Food Processing

Delayed BURSA MALAYSIA Other stock markets 08:05:50 13/07/2026 BST			5-day change	1st Jan Change
18.78 ^MYR	-0.42%		+0.11%	+37.48%

06-22	Malaysian Shares Snap Winning Streak Bucking Regional Gains	MT
06-22	Japan's Ajinomoto Proposes to Take Malaysian Unit Private	MT

de8dd.hKkAUSUjUtLpHqXHqQIVRW9vh3nO4Y7KbPfoECV6p_o.5eYtM3R8F5-Af_2iwW12HFw-8xS4mbeJGc6YdUtC7rLPx3MZQhIn6rZ19A

Published financial data: AJINOMOTO (MALAYSIA)

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	443M	485M	604M	636M	685M
Total Revenues	443M	485M	604M	636M	685M
Cost of Goods Sold, Total	232M	283M	394M	381M	391M
Gross Profit	211M	202M	210M	255M	294M
Selling General & Admin Expenses, Total	60.36M	64.93M	75.77M	70.05M	78.86M
Depreciation & Amortization - (IS)	17.88M	19.69M	19.8M	23.73M	24.85M
Amortization of Goodwill and Intangible Assets - (IS)	824K	2.15M	2.93M	3.62M	4.97M
Other Operating Expenses	75.6M	92.97M	95.21M	99.93M	119M
Other Operating Expenses, Total	155M	180M	194M	197M	228M
Operating Income	56.74M	21.83M	15.95M	58.11M	65.58M
Interest Expense, Total	-	-1.04M	-3.74M	-3.79M	-194K
Interest And Investment Income	3.62M	2.35M	897K	1.49M	4M
Net Interest Expenses	3.62M	1.31M	-2.84M	-2.3M	3.81M
Currency Exchange Gains (Loss)	229K	-	1.33M	731K	-
Other Non Operating Income (Expenses)	459K	932K	1.06M	563K	402K
EBT, Excl. Unusual Items	61.05M	24.07M	15.5M	57.1M	69.79M
Gain (Loss) On Sale Of Investments	-	-	-	1.21M	4.83M
Gain (Loss) On Sale Of Assets	206K	214K	358K	394M	298K
Other Unusual Items	-	-	-	1.05K	11.13K
EBT, Incl. Unusual Items	61.26M	24.29M	15.86M	453M	74.93M
Income Tax Expense	14.75M	7.29M	-11.63M	51.17M	25.27M
Earnings From Continuing Operations	46.5M	17M	27.49M	401M	49.66M
Net Income to Company	46.5M	17M	27.49M	401M	49.66M
Net Income - (IS)	46.5M	17M	27.49M	401M	49.66M
Net Income to Common Incl Extra Items	46.5M	17M	27.49M	401M	49.66M
Net Income to Common Excl. Extra Items	46.5M	17M	27.49M	401M	49.66M
Per Share Items
Net EPS - Basic	0.76	0.28	0.45	6.6	0.82
Basic EPS - Continuing Operations	0.76	0.28	0.45	6.6	0.82
Basic Weighted Average Shares Outstanding	60.8M	60.8M	60.8M	60.8M	60.8M
Net EPS - Diluted	0.76	0.28	0.45	6.6	0.82
Diluted EPS - Continuing Operations	0.76	0.28	0.45	6.6	0.82
Diluted Weighted Average Shares Outstanding	60.8M	60.8M	60.8M	60.8M	60.8M
Normalized Basic EPS	0.63	0.25	0.16	0.59	0.72
Normalized Diluted EPS	0.63	0.25	0.16	0.59	0.72
Dividend Per Share	0.38	0.08	0.09	0.38	0.41
Payout Ratio	64.46	136.83	18.8	1.38	306.54
Supplemental Items
EBITDA	73.33M	40.19M	34.01M	80.09M	88.56M
EBITA	56.74M	21.83M	15.95M	58.11M	65.58M
EBIT	56.74M	21.83M	15.95M	58.11M	65.58M
EBITDAR	73.47M	40.41M	34.33M	80.25M	88.65M
Effective Tax Rate - (Ratio)	24.08	30.02	-73.34	11.31	33.72
Total Current Taxes	16.41M	3.63M	-3.55M	359K	6.44M
Total Deferred Taxes	-1.66M	3.66M	-8.09M	15.65M	18.83M
Normalized Net Income	38.16M	15.04M	9.69M	35.69M	43.62M
Interest Capitalized	641K	2.1M	-	-	-
Interest on Long-Term Debt	-	-	3.23M	2.67M	194K
Non-Cash Pension Expense	598K	662K	755K	822K	812K
Supplemental Operating Expense Items
Net Rental Expense, Total	136K	221K	314K	159K	88.97K
Imputed Operating Lease Interest Expense	13.7K	54.94K	95.1K	60.58K	4.2K
Imputed Operating Lease Depreciation	122K	166K	219K	97.98K	84.77K

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	119M	75.2M	57.24M	123M	73.63M
Short Term Investments	100M	49.73M	18.82M	330M	225M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	219M	125M	76.06M	454M	298M
Accounts Receivable, Total	46.43M	45.13M	62.61M	58.3M	57.13M
Other Receivables	792K	6.44M	15.09M	7.64M	6.31M
Notes Receivable	746K	1.03M	1.04M	832K	886K
Total Receivables	47.97M	52.6M	78.74M	66.78M	64.32M
Inventory	56.7M	83.7M	68.72M	86.54M	132M
Prepaid Expenses	7.54M	2.38M	1.88M	6.91M	5.34M
Other Current Assets, Total	100K	-	16.84M	-	199K
Total Current Assets	332M	264M	242M	614M	500M
Gross Property Plant And Equipment	581M	663M	517M	523M	538M
Accumulated Depreciation	-201M	-213M	-41.43M	-60.37M	-80.85M
Net Property Plant And Equipment	380M	451M	475M	462M	457M
Long-term Investments	-	-	-	-	-
Other Intangibles, Total	10.41M	14.24M	14.05M	14.88M	17.01M
Loans Receivable Long-Term	1.62M	1.83M	1.74M	1.86M	1.7M
Deferred Tax Assets Long-Term	4.21M	579K	8.46M	-	-
Total Assets	728M	731M	742M	1.09B	976M
Liabilities
Accounts Payable, Total	28.15M	56.34M	28.14M	45.12M	62.29M
Accrued Expenses, Total	44.07M	31.27M	21.39M	14.46M	14.29M
Current Portion of Long-Term Debt	255K	8.59M	33.58M	33.43M	-
Current Portion of Leases	617K	697K	1.49M	1.51M	1.44M
Current Income Taxes Payable	2.62M	-	-	-	-
Other Current Liabilities	25.83M	21.35M	52.15M	21.64M	24.13M
Total Current Liabilities	102M	118M	137M	116M	102M
Long-Term Debt	99.53M	91.33M	58.14M	25.05M	-
Long-Term Leases	269K	412K	3.17M	2.42M	1.82M
Pension & Other Post Retirement Benefits	13.87M	15.04M	14.96M	18.04M	25.03M
Deferred Tax Liability Non Current	-	-	-	6.96M	25.71M
Total Liabilities	215M	225M	213M	169M	155M
Common Stock, Total	65.1M	65.1M	65.1M	65.1M	65.1M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	449M	443M	465M	861M	758M
Comprehensive Income and Other	-1.66M	-1.72M	-1.07M	-1.79M	-2.05M
Total Common Equity	512M	506M	529M	924M	821M
Total Equity	512M	506M	529M	924M	821M
Total Liabilities And Equity	728M	731M	742M	1.09B	976M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	60.8M	60.8M	60.8M	60.8M	60.8M
ECS Total Common Shares Outstanding	60.8M	60.8M	60.8M	60.8M	60.8M
Book Value / Share	8.43	8.32	8.7	15.2	13.51
Tangible Book Value	502M	492M	515M	909M	804M
Tangible Book Value Per Share	8.26	8.09	8.47	14.96	13.23
Total Debt	101M	101M	96.38M	62.42M	3.26M
Net Debt	-119M	-23.9M	20.32M	-391M	-295M
Debt Equivalent of Unfunded Proj. Benefit Obligation	15.15M	16.39M	16.29M	18.81M	26.42M
Debt Equivalent Oper. Leases	1.09M	1.77M	2.51M	1.27M	712K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	24.81M	46.05M	30.29M	37.93M	61.77M
Inventories - Work In Process, Total	574K	3.05M	1.83M	2.43M	3.34M
Inventories - Finished Goods, Total	31.31M	34.6M	36.6M	46.17M	66.4M
Land - (BS)	85.83M	85.34M	85.34M	85.34M	85.34M
Buildings, Total	50.56M	227M	199M	200M	201M
Machinery, Total	179M	212M	227M	233M	248M
Full Time Employees	-	727	704	579	573
Accumulated Allowance for Doubtful Accounts (Supple)	31.03K	9.34K	21.44K	2.99K	19.2K

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	46.5M	17M	27.49M	401M	49.66M
Depreciation & Amortization - CF	17.88M	19.69M	19.8M	23.73M	24.85M
Depreciation & Amortization, Total	17.88M	19.69M	19.8M	23.73M	24.85M
Amortization of Deferred Charges, Total - (CF)	824K	2.15M	2.93M	3.62M	4.97M
(Gain) Loss From Sale Of Asset	-206K	-214K	-358K	-394M	-298K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	732K	1.08M	35.58K	2.06M	72.01K
Provision and Write-off of Bad Debts	9.23K	-6.14K	12.76K	13.6K	27.5K
Other Operating Activities, Total	-5.21M	-1.89M	-13.23M	39.95M	20.7M
Change In Accounts Receivable	16.96M	-730K	-17.41M	714K	1.31M
Change In Inventories	-3.3M	-27.79M	14.24M	-19.08M	-48.45M
Change In Accounts Payable	-920K	-5.28M	-43.93M	8.2M	16.71M
Cash from Operations	73.26M	4.01M	-10.42M	66.39M	69.55M
Capital Expenditure	-155M	-68.67M	-51.84M	-11.66M	-15.21M
Sale of Property, Plant, and Equipment	822K	678K	699K	399M	986K
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-6.79M	-5.71M	-1.73M	-5.22M	-5.59M
Investment in Marketable and Equity Securities, Total	21.75M	50.82M	31.49M	-310M	110M
Other Investing Activities, Total	4.05M	-744K	-2.58M	-2.86M	3.52M
Cash from Investing	-135M	-23.63M	-23.97M	69.46M	94.06M
Short Term Debt Issued, Total	-	-	30M	-	-
Long-Term Debt Issued, Total	100M	-	-	-	-
Total Debt Issued	100M	-	30M	-	-
Short Term Debt Repaid, Total	-	-	-	-30M	-
Long-Term Debt Repaid, Total	-1.03M	-934K	-9.62M	-35.02M	-60.16M
Total Debt Repaid	-1.03M	-934K	-9.62M	-65.02M	-60.16M
Common Dividends Paid	-29.97M	-23.26M	-5.17M	-5.53M	-152M
Common & Preferred Stock Dividends Paid	-29.97M	-23.26M	-5.17M	-5.53M	-152M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-500K	-	-	-	-
Cash from Financing	68.5M	-24.19M	15.21M	-70.55M	-212M
Foreign Exchange Rate Adjustments	-337K	166K	1.22M	768K	-894K
Net Change in Cash	5.93M	-43.64M	-17.96M	66.07M	-49.68M
Supplemental Items
Cash Interest Paid	360K	2.99M	3.09M	4.21M	342K
Cash Income Tax Paid (Refund)	18.74M	10.56M	4.82M	14.09M	3.64M
Levered Free Cash Flow	-34.17M	-57.64M	-57.99M	29.92M	28.23M
Unlevered Free Cash Flow	-34.17M	-56.99M	-55.66M	32.29M	28.35M
Change In Net Working Capital	-73.78M	18.09M	34.78M	14.5M	21.65M
Net Debt Issued / Repaid	98.97M	-934K	20.38M	-65.02M	-60.16M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.42	1.87	1.35	3.96	3.96
Return on Total Capital	6.39	2.24	1.62	4.51	4.53
Return On Equity %	9.23	3.34	5.31	55.25	5.69
Return on Common Equity	9.23	3.34	5.31	55.25	5.69
Margin Analysis
Gross Profit Margin %	47.71	41.59	34.72	40.14	42.91
SG&A Margin	13.62	13.4	12.55	11.01	11.52
EBITDA Margin %	16.55	8.29	5.63	12.58	12.94
EBITA Margin %	12.81	4.5	2.64	9.13	9.58
EBIT Margin %	12.81	4.5	2.64	9.13	9.58
Income From Continuing Operations Margin %	10.49	3.51	4.55	63.07	7.26
Net Income Margin %	10.49	3.51	4.55	63.07	7.26
Net Avail. For Common Margin %	10.49	3.51	4.55	63.07	7.26
Normalized Net Income Margin	8.61	3.1	1.6	5.61	6.37
Levered Free Cash Flow Margin	-7.71	-11.89	-9.61	4.7	4.12
Unlevered Free Cash Flow Margin	-7.71	-11.76	-9.22	5.07	4.14
Asset Turnover
Asset Turnover	0.68	0.66	0.82	0.69	0.66
Fixed Assets Turnover	1.58	1.17	1.3	1.36	1.49
Receivables Turnover (Average Receivables)	9.07	10.59	11.21	10.53	11.86
Inventory Turnover (Average Inventory)	4.2	4.03	5.17	4.91	3.58
Short Term Liquidity
Current Ratio	3.26	2.23	1.77	5.28	4.89
Quick Ratio	2.62	1.49	1.12	4.47	3.54
Operating Cash Flow to Current Liabilities	0.72	0.03	-0.08	0.57	0.68
Days Sales Outstanding (Average Receivables)	40.24	34.48	32.57	34.77	30.78
Days Outstanding Inventory (Average Inventory)	86.97	90.5	70.58	74.57	101.82
Average Days Payable Outstanding	41.19	49.72	40.66	33.61	44.98
Cash Conversion Cycle (Average Days)	86.02	75.27	62.49	75.72	87.61
Long Term Solvency
Total Debt/Equity	19.65	19.97	18.22	6.75	0.4
Total Debt / Total Capital	16.42	16.64	15.41	6.33	0.4
LT Debt/Equity	19.48	18.13	11.59	2.97	0.22
Long-Term Debt / Total Capital	16.28	15.11	9.8	2.78	0.22
Total Liabilities / Total Assets	29.58	30.78	28.71	15.43	15.85
EBIT / Interest Expense	-	20.99	4.27	15.32	338.65
EBITDA / Interest Expense	-	39.92	9.56	21.58	466.96
(EBITDA - Capex) / Interest Expense	-	-26.1	-4.3	18.51	388.4
Total Debt / EBITDA	1.35	2.43	2.7	0.76	0.04
Net Debt / EBITDA	-1.59	-0.58	0.57	-4.78	-3.26
Total Debt / (EBITDA - Capex)	-1.25	-3.72	-5.99	0.89	0.04
Net Debt / (EBITDA - Capex)	1.47	0.88	-1.26	-5.57	-3.92
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.02	9.38	24.57	5.42	7.55
Gross Profit, 1 Yr. Growth %	-3.84	-4.65	4.01	21.84	14.97
EBITDA, 1 Yr. Growth %	-13.33	-45.2	-15.37	135.48	10.57
EBITA, 1 Yr. Growth %	-16.34	-61.53	-26.93	264.35	12.85
EBIT, 1 Yr. Growth %	-16.34	-61.53	-26.93	264.35	12.85
Earnings From Cont. Operations, 1 Yr. Growth %	-22.31	-63.45	61.75	1.36K	-87.63
Net Income, 1 Yr. Growth %	-22.31	-63.45	61.75	1.36K	-87.63
Normalized Net Income, 1 Yr. Growth %	-21.25	-60.57	-35.6	278.38	22.22
Diluted EPS Before Extra, 1 Yr. Growth %	-22.3	-63.45	61.75	1.36K	-87.63
Accounts Receivable, 1 Yr. Growth %	-9.42	-2.8	38.72	-6.88	-2.01
Inventory, 1 Yr. Growth %	5.53	47.63	-17.9	25.94	51.96
Net Property, Plant and Equip., 1 Yr. Growth %	110.24	18.69	5.49	-2.8	-1.02
Total Assets, 1 Yr. Growth %	25.34	0.48	1.5	47.28	-10.69
Tangible Book Value, 1 Yr. Growth %	2.14	-2.02	4.71	76.58	-11.54
Common Equity, 1 Yr. Growth %	3.36	-1.23	4.54	74.7	-11.13
Cash From Operations, 1 Yr. Growth %	8.23	-94.52	-359.9	-737.07	4.76
Capital Expenditures, 1 Yr. Growth %	35.08	-55.79	-24.51	-77.5	30.42
Levered Free Cash Flow, 1 Yr. Growth %	-64.93	68.68	0.62	-151.59	-5.64
Unlevered Free Cash Flow, 1 Yr. Growth %	-64.93	66.78	-2.33	-158.01	-12.19
Dividend Per Share, 1 Yr. Growth %	-22.41	-77.78	7.06	321.98	6.38
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.52	2.46	16.73	14.59	6.48
Gross Profit, 2 Yr. CAGR %	3.58	-4.25	-0.41	12.57	18.36
EBITDA, 2 Yr. CAGR %	-2.35	-31.08	-31.9	41.17	61.36
EBITA, 2 Yr. CAGR %	-3.39	-43.27	-46.98	63.17	102.78
EBIT, 2 Yr. CAGR %	-3.39	-43.27	-46.98	63.17	102.78
Earnings From Cont. Operations, 2 Yr. CAGR %	-9.34	-46.71	-23.11	385.99	34.41
Net Income, 2 Yr. CAGR %	-9.34	-46.71	-23.11	385.99	34.41
Normalized Net Income, 2 Yr. CAGR %	-8.11	-44.28	-49.61	54.01	115.05
Diluted EPS Before Extra, 2 Yr. CAGR %	-9.34	-46.71	-23.11	385.99	34.41
Accounts Receivable, 2 Yr. CAGR %	-2.64	-6.17	16.12	13.66	-4.48
Inventory, 2 Yr. CAGR %	12.71	24.81	10.09	1.68	38.34
Net Property, Plant and Equip., 2 Yr. CAGR %	124.09	57.97	11.89	1.26	-1.91
Total Assets, 2 Yr. CAGR %	16.8	12.22	0.99	22.26	14.69
Tangible Book Value, 2 Yr. CAGR %	3.88	0.04	1.29	35.98	24.98
Common Equity, 2 Yr. CAGR %	4.93	1.03	1.61	35.14	24.6
Cash From Operations, 2 Yr. CAGR %	5.78	-75.66	-62.25	306.91	158.34
Capital Expenditures, 2 Yr. CAGR %	350.2	-22.72	-42.23	-58.78	-45.83
Levered Free Cash Flow, 2 Yr. CAGR %	-23.98	-23.09	30.28	-27.95	-30.23
Unlevered Free Cash Flow, 2 Yr. CAGR %	-23.98	-23.52	27.63	-24.73	-28.63
Dividend Per Share, 2 Yr. CAGR %	-9.79	-58.48	-51.22	112.55	111.87
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.52	2.68	9.35	12.83	12.2
Gross Profit, 3 Yr. CAGR %	4.54	0.76	-1.57	6.51	13.37
EBITDA, 3 Yr. CAGR %	0.42	-19.45	-26.2	2.98	30.13
EBITA, 3 Yr. CAGR %	-1.48	-28.93	-38.28	0.8	44.3
EBIT, 3 Yr. CAGR %	-1.48	-28.93	-38.28	0.8	44.3
Earnings From Cont. Operations, 3 Yr. CAGR %	-6.15	-33.03	-22.84	105.14	42.96
Net Income, 3 Yr. CAGR %	-6.15	-33.03	-22.84	105.14	42.96
Normalized Net Income, 3 Yr. CAGR %	-3.06	-30.69	-41.52	-2.2	42.59
Diluted EPS Before Extra, 3 Yr. CAGR %	-6.15	-33.03	-22.84	105.14	42.96
Accounts Receivable, 3 Yr. CAGR %	1.62	-2.69	6.9	7.88	8.17
Inventory, 3 Yr. CAGR %	7.42	23.32	8.55	15.14	16.25
Net Property, Plant and Equip., 3 Yr. CAGR %	65.11	81.31	38.07	6.77	0.5
Total Assets, 3 Yr. CAGR %	14.35	11.09	8.53	14.52	10.11
Tangible Book Value, 3 Yr. CAGR %	4.73	1.87	1.57	21.91	17.82
Common Equity, 3 Yr. CAGR %	5.43	2.83	2.19	21.73	17.52
Cash From Operations, 3 Yr. CAGR %	6.44	-60.58	-46.4	-3.17	158.86
Capital Expenditures, 3 Yr. CAGR %	165.08	107.7	-23.32	-57.81	-39.49
Levered Free Cash Flow, 3 Yr. CAGR %	-11.59	-0.84	-15.88	-4.33	-21.17
Unlevered Free Cash Flow, 3 Yr. CAGR %	-11.59	-1.22	-17.03	-1.87	-20.76
Dividend Per Share, 3 Yr. CAGR %	-6.3	-43.45	-43.06	0.13	68.76
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.06	2.91	6.71	7.29	8.19
Gross Profit, 5 Yr. CAGR %	3.54	1.55	2.53	5.33	5.96
EBITDA, 5 Yr. CAGR %	3.35	-11.11	-14.03	0.81	0.92
EBITA, 5 Yr. CAGR %	2.3	-18.48	-23.11	-0.9	-0.67
EBIT, 5 Yr. CAGR %	2.3	-18.48	-23.11	-0.9	-0.67
Earnings From Cont. Operations, 5 Yr. CAGR %	2.66	-38.13	-13.34	47.97	-3.66
Net Income, 5 Yr. CAGR %	2.66	-38.13	-13.34	47.97	-3.66
Normalized Net Income, 5 Yr. CAGR %	2.51	-22.96	-25.38	-4.61	-2.08
Diluted EPS Before Extra, 5 Yr. CAGR %	2.65	-38.13	-13.34	47.98	-3.66
Accounts Receivable, 5 Yr. CAGR %	3.34	-0.67	7.19	3.54	2.19
Inventory, 5 Yr. CAGR %	1.24	6.36	8.48	14.16	19.6
Net Property, Plant and Equip., 5 Yr. CAGR %	29.31	38.16	41.31	43.62	20.42
Total Assets, 5 Yr. CAGR %	14.66	6.54	8.8	15.43	10.95
Tangible Book Value, 5 Yr. CAGR %	10.29	0.72	3.34	14.35	10.36
Common Equity, 5 Yr. CAGR %	10.73	1.29	3.89	14.71	10.63
Cash From Operations, 5 Yr. CAGR %	4.52	-40.69	-29.71	0.28	0.55
Capital Expenditures, 5 Yr. CAGR %	64.95	31.04	44.12	8.76	-33.27
Levered Free Cash Flow, 5 Yr. CAGR %	-3.3	28.53	3.24	-12.74	-21.95
Unlevered Free Cash Flow, 5 Yr. CAGR %	-3.3	28.24	2.4	-11.4	-21.88
Dividend Per Share, 5 Yr. CAGR %	2.53	-27.35	-27.84	-3.96	-3.69