Cash flow MNRB Holdings

Equities

6459

MYL6459OO001

Reinsurance

Market Closed - BURSA MALAYSIA Other stock markets 09:52:40 17/07/2025 BST			5-day change	1st Jan Change
1.890 ^MYR	-0.53%		-1.56%	-16.00%

06-30	MNRB Holdings Berhad Announces Resignation of Puan Zaida Khalida Binti Shaari as Independent and Non Executive Member of Risk Committee, Effective 01 July 2025	CI
06-30	MNRB Holdings Berhad Appoints Puan Junaidah Binti Mohd Said as Independent and Non Executive Chairman of the Risk Committee, Effective July 1, 2025	CI

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Published financial data: MNRB HOLDINGS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Premiums and Annuity Revenues	1.88B	2.16B	2.39B	2.84B	2.49B
Total Interest And Dividend Income	284M	265M	266M	316M	-31.63M
Gain (Loss) on Sale of Investments, Total (Rev)	75.04M	18.45M	-37.79M	29.12M	137M
Other Revenues, Total	59.64M	54.56M	70.82M	93.68M	-80.35M
Total Revenues	2.3B	2.5B	2.69B	3.28B	2.52B
Policy Benefits	1.4B	1.47B	1.66B	2.07B	1.29B
Policy Acquisition / Underwriting Costs, Total	453M	478M	574M	638M	340M
Selling General & Admin Expenses, Total	263M	289M	297M	353M	93.77M
Other Operating Expenses	-497K	9.38M	-6.82M	2.97M	380M
Total Operating Expenses	2.11B	2.25B	2.52B	3.07B	2.1B
Operating Income	193M	253M	169M	212M	415M
Interest Expense, Total	-16.98M	-16.8M	-16.84M	-21.6M	-27.27M
Income (Loss) on Equity Invest.	-9.84M	15.47M	2.77M	-16.72M	44.62M
Currency Exchange Gains (Loss)	7.29M	-2.9M	-3.2M	11.68M	73.37M
Other Non Operating Income (Expenses)	-6.31M	-15.49M	-11.1M	-16.48M	1K
EBT, Excl. Unusual Items	167M	233M	141M	169M	506M
Gain (Loss) on Sale of Assets	2.3M	-	-	414K	-
Asset Writedown	-585K	-34K	-548K	-2.12M	21K
EBT, Incl. Unusual Items	169M	233M	140M	167M	506M
Income Tax Expense	36.01M	43.32M	25.66M	47.64M	72.24M
Earnings From Continuing Operations	133M	189M	114M	119M	434M
Net Income to Company	133M	189M	114M	119M	434M
Net Income - (IS)	133M	189M	114M	119M	434M
Net Income to Common Incl Extra Items	133M	189M	114M	119M	434M
Net Income to Common Excl. Extra Items	133M	189M	114M	119M	434M
Per Share Items
Net EPS - Basic	0.17	0.24	0.15	0.15	0.55
Basic EPS - Continuing Operations	0.17	0.24	0.15	0.15	0.55
Basic Weighted Average Shares Outstanding	773M	783M	783M	783M	783M
Net EPS - Diluted	0.17	0.24	0.15	0.15	0.55
Diluted EPS - Continuing Operations	0.17	0.24	0.15	0.15	0.55
Diluted Weighted Average Shares Outstanding	773M	783M	783M	783M	783M
Normalized Basic EPS	0.14	0.19	0.11	0.13	0.4
Normalized Diluted EPS	0.14	0.19	0.11	0.13	0.4
Dividend Per Share	0.02	0.07	0.02	0.04	0.05
Payout Ratio	2.24	12.4	27.37	16.39	8.04
Supplemental Items
EBITDA	199M	259M	176M	220M	424M
EBITA	193M	253M	169M	212M	415M
EBIT	193M	253M	169M	212M	415M
EBITDAR	199M	260M	177M	221M	425M
Effective Tax Rate - (Ratio)	21.32	18.61	18.32	28.51	14.28
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	43.47M	48.1M	45.49M	51.76M	73.79M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-8.74M	-6.07M	-20.98M	-5.55M	-2.88M
Normalized Net Income	105M	146M	87.9M	106M	316M
Interest on Long-Term Debt	16.98M	16.8M	16.84M	21.6M	27.27M
Supplemental Operating Expense Items
Marketing Expenses	42.3M	57.16M	43.19M	59.35M	62.41M
Selling and Marketing Expenses	42.3M	57.16M	43.19M	59.35M	-
General and Administrative Expenses	220M	231M	253M	293M	93.77M
Net Rental Expense, Total	547K	851K	1.21M	1.28M	425K
Imputed Operating Lease Interest Expense	231K	354K	504K	520K	162K
Imputed Operating Lease Depreciation	316K	497K	707K	758K	263K

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Investment In Debt Securities	2.17B	2B	1.89B	1.72B	538M
Investment In Equity and Preferred Securities, Total	218M	219M	221M	209M	263M
Trading Asset Securities, Total	2.97B	3.1B	3.19B	3.45B	4.96B
Real Estate Owned	-	-	-	-	-
Total Other Investments	2.35B	3B	3.62B	4.62B	5.51B
Total investments	7.71B	8.32B	8.91B	9.99B	11.27B
Cash And Equivalents	118M	116M	214M	205M	116M
Reinsurance Recoverable - (IS)	499M	457M	952M	851M	519M
Other Receivables - (Insurance Template)	628M	712M	858M	907M	261M
Gross Property Plant And Equipment	254M	249M	262M	279M	293M
Accumulated Depreciation	-45.33M	-42.34M	-45.49M	-50.14M	-54.9M
Net Property Plant And Equipment	209M	206M	217M	229M	238M
Other Intangibles, Total	36.58M	71.8M	75.14M	125M	117M
Other Current Assets, Total	-	3.03M	5.5M	6.75M	2.31M
Deferred Tax Assets Long-Term (Collected)	15.4M	21.5M	38.33M	42.62M	47.39M
Total Assets	9.21B	9.91B	11.27B	12.36B	12.57B
Liabilities
Accrued Expenses, Total	5.72M	5.64M	4.28M	4.47M	115M
Insurance And Annuity Liabilities	3.68B	4B	4.27B	4.55B	4.57B
Unpaid Claims	2.19B	2.39B	3.29B	3.65B	3.92B
Unearned Premiums	472M	535M	621M	698M	-
Reinsurance Payable - (BS)	699K	932K	503K	689K	31.94M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	2.7M	1.56M	2.34M	-	2.42M
Long-Term Debt	320M	320M	320M	520M	620M
Long-Term Leases	1.52M	1.19M	3.14M	3.43M	599K
Current Income Taxes Payable	10.89M	7.74M	7.07M	9.95M	30.16M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	245M	225M	274M	331M	118M
Deferred Tax Liability Non-Current	11.95M	9.83M	3.18M	4.72M	37.21M
Total Liabilities	6.94B	7.49B	8.8B	9.78B	9.45B
Common Stock, Total	739M	739M	739M	739M	739M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	1.36B	1.53B	1.61B	1.71B	2.28B
Comprehensive Income and Other	171M	151M	122M	133M	108M
Total Common Equity	2.27B	2.42B	2.47B	2.58B	3.12B
Total Equity	2.27B	2.42B	2.47B	2.58B	3.12B
Total Liabilities And Equity	9.21B	9.91B	11.27B	12.36B	12.57B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	783M	783M	783M	783M	783M
ECS Total Common Shares Outstanding	783M	783M	783M	783M	783M
Book Value / Share	2.9	3.09	3.16	3.3	3.99
Tangible Book Value	2.24B	2.35B	2.4B	2.46B	3.01B
Tangible Book Value Per Share	2.85	3	3.06	3.14	3.84
Total Debt	324M	323M	325M	523M	623M
Net Debt	206M	207M	111M	318M	507M
Debt Equivalent Oper. Leases	4.38M	6.81M	9.69M	10.22M	3.4M
Equity Method Investments, Total	133M	135M	134M	122M	175M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	36.8M	36.8M	36.8M	36.8M	36.8M
Buildings, Total	163M	162M	162M	163M	174M
Machinery, Total	46.11M	47.33M	51.66M	58.93M	64.97M
Full Time Employees	935	932	981	1.04K	1.12K

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	133M	189M	114M	119M	434M
Depreciation, Depletion & Amortization	9.61M	9M	8.88M	9.3M	10.63M
Total Depreciation, Depletion & Amortization	9.61M	9M	8.88M	9.3M	10.63M
Amortization of Deferred Charges, Total	6.63M	10.59M	12.34M	20.72M	22.47M
(Gain) Loss On Sale of Asset - (CF)	829K	-70K	-	-414K	67K
(Gain) Loss on Sale of Investments - (CF)	-69.59M	-10.97M	40.46M	-24.25M	-18.6M
Total Asset Writedown	585K	34K	548K	2.12M	-21K
(Income) Loss On Equity Investments - (CF)	9.84M	-15.47M	-2.77M	16.72M	-44.62M
Provision and Write-off of Bad Debts	-1.68M	8.9M	-8.11M	-1.66M	-
Change in Accounts Receivable	-42.68M	-126M	-108M	-90.05M	609M
Reinsurance Recoverable - (CF)	42.52M	40.09M	-495M	102M	38.86M
Change In Income Taxes	-	-	-	-	28.1M
Change in insurance Reserves / Liabilities	194M	451M	1.15B	610M	-
Change in Other Net Operating Assets (Collected)	-311M	-553M	-641M	-866M	-1.51B
Other Operating Activities	83.06M	84.94M	102M	26.88M	338M
Cash from Operations	54.44M	88.33M	174M	-75.24M	-95.06M
Capital Expenditure	-3.23M	-2.2M	-9.81M	-18.62M	-16.27M
Sale of Property, Plant, and Equipment	45.06M	70K	12K	16K	52K
Purchase / Sale of Intangible Assets	-6.01M	-45.82M	-16.56M	-72.18M	-15M
Sale (Purchase) of Real Estate Properties (Collected)	-	-	-	-	-
Cash from Investing	35.83M	-47.95M	-26.36M	-90.79M	-31.22M
Long-Term Debt Issued, Total	-	-	-	200M	420M
Total Debt Issued	-	-	-	200M	420M
Long-Term Debt Repaid, Total	-3.86M	-2.88M	-1.89M	-1.5M	-322M
Total Debt Repaid	-3.86M	-2.88M	-1.89M	-1.5M	-322M
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-2.98M	-23.49M	-31.32M	-19.58M	-34.85M
Common & Preferred Stock Dividends Paid	-2.98M	-23.49M	-31.32M	-19.58M	-34.85M
Other Financing Activities, Total	-16.68M	-16.64M	-16.66M	-21.48M	-27.16M
Cash from Financing	-23.52M	-43.01M	-49.88M	157M	36.42M
Net Change in Cash	66.74M	-2.63M	98.26M	-8.59M	-89.86M
Supplemental Items
Cash Interest Paid	16.68M	16.64M	16.66M	21.48M	27.16M
Cash Income Tax Paid (Refund)	57.4M	52.6M	29.34M	42.04M	60.52M
Net Debt Issued / Repaid	-3.86M	-2.88M	-1.89M	198M	98.42M
Levered Free Cash Flow	215M	203M	495M	348M	-945M
Unlevered Free Cash Flow	225M	214M	506M	361M	-928M
Change In Net Working Capital	-97.66M	-84.13M	-405M	-289M	1.19B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.35	1.65	1	1.12	2.16
Return on Total Capital	4.79	5.92	3.81	4.49	7.4
Return On Equity %	6.05	8.08	4.68	4.73	14.8
Return on Common Equity	6.05	8.08	4.68	4.73	14.8
Margin Analysis
Gross Profit Margin %	19.77	22.05	17.07	17.34	35.27
SG&A Margin	11.41	11.57	11.05	10.78	3.72
EBITDA Margin %	8.64	10.35	6.55	6.71	16.84
EBITA Margin %	8.38	10.11	6.28	6.47	16.48
EBIT Margin %	8.38	10.11	6.28	6.47	16.48
Income From Continuing Operations Margin %	5.77	7.59	4.25	3.65	17.21
Net Income Margin %	5.77	7.59	4.25	3.65	17.21
Net Avail. For Common Margin %	5.77	7.59	4.25	3.65	17.21
Normalized Net Income Margin	4.54	5.83	3.27	3.22	12.55
Levered Free Cash Flow Margin	9.32	8.13	18.4	10.61	-37.52
Unlevered Free Cash Flow Margin	9.78	8.55	18.79	11.02	-36.85
Asset Turnover
Asset Turnover	0.26	0.26	0.25	0.28	0.21
Fixed Assets Turnover	11.16	12.04	12.72	14.7	10.79
Receivables Turnover (Average Receivables)	5.78	5.28	4.7	4.74	41.32
Short Term Liquidity
Current Ratio	1.35	1.3	1.16	1.08	1.39
Quick Ratio	1.17	1.15	0.93	0.9	1.24
Operating Cash Flow to Current Liabilities	0.02	0.03	0.04	-0.02	-0.02
Days Sales Outstanding (Average Receivables)	63.28	69.1	77.74	76.94	8.86
Average Days Payable Outstanding	471.52	465.06	506.35	508.88	856.55
Long Term Solvency
Total Debt/Equity	14.27	13.35	13.17	20.27	19.95
Total Debt / Total Capital	12.49	11.77	11.64	16.85	16.63
LT Debt/Equity	14.15	13.28	13.07	20.27	19.87
Long-Term Debt / Total Capital	12.39	11.72	11.55	16.85	16.56
Total Liabilities / Total Assets	75.35	75.6	78.07	79.1	75.16
EBIT / Interest Expense	11.37	15.04	10.03	9.81	15.22
EBITDA / Interest Expense	11.93	15.57	10.56	10.24	15.61
(EBITDA - Capex) / Interest Expense	11.74	15.44	9.98	9.38	15.01
Total Debt / EBITDA	1.6	1.23	1.83	2.37	1.46
Net Debt / EBITDA	1.02	0.79	0.63	1.44	1.19
Total Debt / (EBITDA - Capex)	1.63	1.24	1.94	2.58	1.52
Net Debt / (EBITDA - Capex)	1.03	0.8	0.66	1.57	1.24
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.56	8.46	7.69	21.81	9.96
Gross Profit, 1 Yr. Growth %	7.65	20.99	-16.62	23.73	95.16
EBITDA, 1 Yr. Growth %	9.58	30.05	-31.93	24.85	205.6
EBITA, 1 Yr. Growth %	10.47	30.86	-33.09	25.41	217.07
EBIT, 1 Yr. Growth %	10.47	30.86	-33.09	25.41	217.07
Earnings From Cont. Operations, 1 Yr. Growth %	27.3	42.58	-39.62	4.41	266.54
Net Income, 1 Yr. Growth %	27.3	42.58	-39.62	4.41	266.54
Normalized Net Income, 1 Yr. Growth %	17.96	37.37	-39.61	20.05	249.74
Diluted EPS Before Extra, 1 Yr. Growth %	-15.31	40.71	-39.62	4.41	266.54
Net Property, Plant and Equip., 1 Yr. Growth %	2.23	-1.18	5.08	5.72	3.77
Accounts Receivable, 1 Yr. Growth %	20.34	24.2	22.52	13.36	-2.35
Total Assets, 1 Yr. Growth %	5.83	7.55	13.74	9.63	10.36
Common Equity, 1 Yr. Growth %	7.18	6.45	2.21	4.49	14.14
Tangible Book Value, 1 Yr. Growth %	7.34	4.98	2.13	2.56	15.11
Cash From Operations, 1 Yr. Growth %	-111.74	62.27	97.54	-143.12	26.34
Capital Expenditures, 1 Yr. Growth %	45.03	-31.86	346.11	89.82	-12.64
Levered Free Cash Flow, 1 Yr. Growth %	-107.24	-5.42	143.81	-29.77	-647.81
Unlevered Free Cash Flow, 1 Yr. Growth %	-107.62	-5.21	136.75	-28.57	-598.89
Dividend Per Share, 1 Yr. Growth %	-	180	-64.29	78	12.36
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.29	10	8.07	14.53	-3.24
Gross Profit, 2 Yr. CAGR %	0.92	14.13	0.44	1.57	39.07
EBITDA, 2 Yr. CAGR %	-8.27	19.37	-5.91	-7.81	55.2
EBITA, 2 Yr. CAGR %	-8.21	20.22	-6.43	-8.39	56.71
EBIT, 2 Yr. CAGR %	-8.21	20.22	-6.43	-8.39	56.71
Earnings From Cont. Operations, 2 Yr. CAGR %	-2.87	34.72	-7.21	-20.6	94.65
Net Income, 2 Yr. CAGR %	-2.87	34.72	-7.21	-20.6	94.65
Normalized Net Income, 2 Yr. CAGR %	-9.92	28.17	-8.91	-14.85	89.64
Diluted EPS Before Extra, 2 Yr. CAGR %	-37.53	9.16	-7.83	-20.6	94.65
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.88	0.51	1.91	5.4	4.74
Accounts Receivable, 2 Yr. CAGR %	-1.9	22.26	23.36	17.85	-69.27
Total Assets, 2 Yr. CAGR %	7.76	6.68	10.6	11.67	5.61
Common Equity, 2 Yr. CAGR %	21.54	6.81	4.31	3.34	12.42
Tangible Book Value, 2 Yr. CAGR %	21.83	6.15	3.55	2.34	12.01
Cash From Operations, 2 Yr. CAGR %	-8.74	-56.36	79.04	-7.71	-26.19
Capital Expenditures, 2 Yr. CAGR %	60.35	-0.59	74.36	191	28.77
Levered Free Cash Flow, 2 Yr. CAGR %	11.66	-73.83	51.85	30.85	38.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	11.23	-73.12	49.8	30.05	35.48
Dividend Per Share, 2 Yr. CAGR %	-	-	0	-20.27	41.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.11	3.62	9.22	12.47	0.27
Gross Profit, 3 Yr. CAGR %	6.48	7.21	2.79	7.67	17.27
EBITDA, 3 Yr. CAGR %	17.71	3.04	-1.01	3.39	17.92
EBITA, 3 Yr. CAGR %	19.22	3.3	-1.11	3.17	18
EBIT, 3 Yr. CAGR %	19.22	3.3	-1.11	3.17	18
Earnings From Cont. Operations, 3 Yr. CAGR %	23.14	10.39	3.1	-3.49	31.77
Net Income, 3 Yr. CAGR %	23.14	10.39	3.1	-3.49	31.77
Normalized Net Income, 3 Yr. CAGR %	13.51	4.16	-0.26	-0.13	29.51
Diluted EPS Before Extra, 3 Yr. CAGR %	-14.63	-18.12	-10.39	-3.91	31.77
Net Property, Plant and Equip., 3 Yr. CAGR %	-5.04	-5.02	2.01	3.16	4.85
Accounts Receivable, 3 Yr. CAGR %	6.36	6.12	22.35	19.93	-51.27
Total Assets, 3 Yr. CAGR %	6.84	7.69	8.99	10.28	8.25
Common Equity, 3 Yr. CAGR %	16.97	16.28	5.25	4.37	8.91
Tangible Book Value, 3 Yr. CAGR %	16.98	15.93	4.79	3.21	8.61
Cash From Operations, 3 Yr. CAGR %	5.92	10.56	-27.81	11.39	2.48
Capital Expenditures, 3 Yr. CAGR %	39.18	20.56	63.98	79.36	94.85
Levered Free Cash Flow, 3 Yr. CAGR %	11.48	5.64	-44.94	17.43	66.96
Unlevered Free Cash Flow, 3 Yr. CAGR %	10.65	5.45	-44.49	17.03	63.19
Dividend Per Share, 3 Yr. CAGR %	-	-	-	21.19	-10.61
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1	2.65	3.09	7.86	4.05
Gross Profit, 5 Yr. CAGR %	0.65	20.43	4.02	4.92	16
EBITDA, 5 Yr. CAGR %	-3.08	101.32	7.62	-1.44	18.5
EBITA, 5 Yr. CAGR %	-2.96	226.47	8.21	-1.55	18.89
EBIT, 5 Yr. CAGR %	-2.96	226.47	8.21	-1.55	18.89
Earnings From Cont. Operations, 5 Yr. CAGR %	-0.91	37.31	9.96	-3.24	32.94
Net Income, 5 Yr. CAGR %	-0.91	37.31	9.96	-3.24	32.94
Normalized Net Income, 5 Yr. CAGR %	-3.96	74.21	4.23	-3.91	28.97
Diluted EPS Before Extra, 5 Yr. CAGR %	-16.95	14.78	-11.97	-19.12	22.21
Net Property, Plant and Equip., 5 Yr. CAGR %	-2.55	-3.58	-2.32	-0.98	3.09
Accounts Receivable, 5 Yr. CAGR %	4.45	6.64	12.86	10.67	-29.6
Total Assets, 5 Yr. CAGR %	7.3	6.87	8.33	9.26	7.62
Common Equity, 5 Yr. CAGR %	10.98	12.7	11.73	10.92	8.06
Tangible Book Value, 5 Yr. CAGR %	10.86	12.27	11.41	10.29	7.62
Cash From Operations, 5 Yr. CAGR %	-12.01	-5.62	30.67	2.85	-27.17
Capital Expenditures, 5 Yr. CAGR %	5.99	0.34	52.31	71.5	48.87
Levered Free Cash Flow, 5 Yr. CAGR %	-13.07	0.98	26.14	15.08	-20.45
Unlevered Free Cash Flow, 5 Yr. CAGR %	-12.68	0.84	24.9	14.68	-20.68