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Malaysia
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

AEON Credit Service (M) Berhad

Main Activities: Banking and Credit Intermediation

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Company Information

Full name
AEON Credit Service (M) Berhad

Headquarters
Level 29, Menara Olympia, 8 Jalan Raja Chulan; Kuala Lumpur; Wilayah Persekutuan; 50200
Legal Address
Lot 6.05 Level 6, KPMG Tower, 8 First Avenue, Bandar Utama; Petaling Jaya; Selangor; 47800
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
ISIN CODE : MYL5139OO000
Financial Auditors: KPMG (2011)
Incorporation Date: December 6, 1996
Total Employees: 1,203

Tel: (60 3) 27729000

Company Description

AEONCR is principally engaged in the provision of easy payment schemes, personal financing schemes and issuance of credit cards under international brand names of Visa and MasterCard. The personal financing schemes and certain easy payment schemes are based on Islamic principles. Aeon Credit Services (M) Bhd (AEONCR) is a consumer financing company providing personal finance, credit cards and hire purchase facilities. It is the local consumer financing arm of Japanese retail and consumer finance
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Company Analysis

According to the Consolidated - Non-Audited financial statement for the first three cumulated quarters of 2013, total net operating revenues increased with 34.52%, from MYR 268,088 thousands to MYR 360,627 thousands. Operating result increased from MYR 122,045 thousands to MYR 172,279 thousands which means 41.16% change. The results of the period increased 40.10% reaching MYR 95,118 thousands at the end of the period against MYR 67,891 thousands last year. Return on equity (Net income/Total equity) went from 22.35% to 24.19%, the Return On Asset (Net income / Total Asset) went from 4.66% to 4.40% and the Net Profit Margin (Net Income/Net Sales) went from 25.32% to 26.38% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 450.27% compared to 379.34% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.58 to 1.57 when compared to the previous year.

Key Executives

Abdullah Bin Mohd Yusof Chairman
Yasuhiro Kasai Managing Director
Clarence Chai Executive Director
Krishnappan A/L S.P.S Singaram Executive Director
Abdullah Bin Mohd Yusof Independent Non Executive Director (Company)
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Balance Sheet

Total Assets

2,163,613

1,955,097

Current Assets

1,120,668

1,093,882

Total Liabilities

1,770,423

1,576,601

Shareholders Equity

393,190

378,496

Current Liabilities

713,257

516,763

* All the accounts are in MYR.
Income Statement

Total Operating Revenue

360,627

231,480

Operational Profit (Loss)

172,279

108,882

Net Profit (Loss)

95,118

60,177

* All the accounts are in MYR.
Ratios
Profitability Ratios

Return on Assets (ROA)

4.4%

3.08%

Annualised Return on Assets (ROA)

5.87%

6.16%

Return on Equity (ROE)

24.19%

15.9%

Annualised Return on Equity (ROE)

32.25%

31.8%

Return on Sales (ROS)

28.36%

28.11%

Return on Capital

6.56%

4.18%

Gross Profit Margin

100%

100%

Operating Profit Margin

46.66%

45.65%

Efficiency Ratios

Accounts Receivable Turnover

0.31x

0.20x

Current asset turnover

0.30x

0.20x

Fixed-asset turnover

0.32x

0.25x

Asset Turnover

0.15x

0.11x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

172,064

108,882

EBITDA

181,713

115,118

Enterprise value

3,110,951

2,819,349

Enterprise Value / EBITDA

17.12

24.49

Bookvalue (BV)

581,314

510,817

Net Cash

-705,909

-509,432

Liquidity Ratios

Current Ratio

157.12%

211.68%

Quick ratio

157.12%

211.68%

Doom's day ratio

1.03%

1.42%

Leverage Ratios

Leverage ratio

550.27%

516.54%

Interest Coverage Ratio

397.62%

406.63%

Debt to equity

450.27%

416.54%

Debt to total assets

81.83%

80.64%

Long Term Debt to Capital

93.62%

94.64%

Debt / Enterprise Value

50.86%

51.23%

Market ratios

Market Capitalization/EBITDA

8.45

12.01

Price/Book Ratio

2.64

2.70

Market Cap / Net cash

-2.18

-2.71

Trend Ratios

Revenue Trend

134.18%

133.66%

Net Income Trend

140.1%

141.14%

Operating Income Trend

140.98%

141.36%