Income Statement Asdion

Stocks

0068

MYQ0068OO005

Air Freight & Logistics

Market Closed - BURSA MALAYSIA 02:29:44 13/07/2026 pm IST			5-day change	1st Jan Change
0.005000 ^MYR	-50.00%		-.--%	-75.00%

11/09	Asdion Berhad Changes Its Financial Year End from September 30, 2026 to March 31, 2027	CI
27/08	Asdion Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2026	CI

36005fa7c19f9b9d7.0POLPQaxD10_6LRIZ0TaSnJ6nVxnhxzfqjO7o0ERnnc.sbDjDXfiWSoLid0iDAaFLUIPsBpWtniemFKL9nJcwSXoouxsXsA2NAuF7Q

Published financial data: ASDION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020 (MYR)	2021 (MYR)	2022 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	37.86L	43.3L	38.38L	45.94L	2.36Cr
Total Revenues	37.86L	43.3L	38.38L	45.94L	2.36Cr
Cost of Goods Sold, Total	37.83L	42L	35.11L	44.46L	1.98Cr
Gross Profit	3.66T	1L	3L	1L	38.24L
Selling General & Admin Expenses, Total	66.67L	15.93L	29.19L	25.57L	37.38L
Provision for Bad Debts	-	-	-	15.7L	-
Depreciation & Amortization - (IS)	12.6L	2L	90.64T	76.52T	2L
Other Operating Expenses	2L	6L	15.91L	11.46L	-19.59L
Other Operating Expenses, Total	80.97L	23.1L	46L	53.49L	19.88L
Operating Income	-80.94L	-21.81L	-42.74L	-52.01L	18.36L
Interest Expense, Total	-2L	-1L	-2L	-57.25T	-5L
Interest And Investment Income	1L	2.2T	2.73T	7.07T	5.48T
Net Interest Expenses	-1L	-1L	-2L	-50.18T	-5L
Income (Loss) On Equity Invest.	-2L	-	-	-	-
Currency Exchange Gains (Loss)	929	22	749	800	1.39T
Other Non Operating Income (Expenses)	-	-	33.83T	-311	-69.13L
EBT, Excl. Unusual Items	-83.94L	-22.89L	-43.96L	-52.51L	-55.7L
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	3L	-	-
Gain (Loss) On Sale Of Assets	-	-	-	1L	48.62L
Asset Writedown	1L	-	-	-	-
Legal Settlements	42.5L	-	-	-66.49T	-21.16T
Other Unusual Items	-	-	-	13T	-
EBT, Incl. Unusual Items	-40.44L	-22.89L	-40.49L	-51.95L	-7L
Income Tax Expense	-27.75T	-82.19T	-	-	14.67T
Earnings From Continuing Operations	-40.16L	-22.07L	-40.49L	-51.95L	-7L
Net Income to Company	-40.16L	-22.07L	-40.49L	-51.95L	-7L
Minority Interest	-9L	-23.15T	-	33	-50.78L
Net Income - (IS)	-49.21L	-22.3L	-40.49L	-51.95L	-58.22L
Net Income to Common Incl Extra Items	-49.21L	-22.3L	-40.49L	-51.95L	-58.22L
Net Income to Common Excl. Extra Items	-49.21L	-22.3L	-40.49L	-51.95L	-58.22L
Per Share Items
Net EPS - Basic	-0.04	-0.02	-0.02	-0.01	-0.02
Basic EPS - Continuing Operations	-0.04	-0.02	-0.02	-0.01	-0.02
Basic Weighted Average Shares Outstanding	13Cr	13Cr	22Cr	41Cr	36Cr
Net EPS - Diluted	-0.04	-0.02	-0.02	-0.01	-0.02
Diluted EPS - Continuing Operations	-0.04	-0.02	-0.02	-0.01	-0.02
Diluted Weighted Average Shares Outstanding	13Cr	13Cr	22Cr	41Cr	36Cr
Normalized Basic EPS	-0.05	-0.01	-0.01	-0.01	-0.02
Normalized Diluted EPS	-0.05	-0.01	-0.01	-0.01	-0.02
Supplemental Items
EBITDA	-75.08L	-21.09L	-42.57L	-51.93L	19.62L
EBITA	-80.94L	-21.81L	-42.74L	-52.01L	18.36L
EBIT	-80.94L	-21.81L	-42.74L	-52.01L	18.36L
EBITDAR	-74.51L	-20.56L	-42.51L	-77.82L	25.36L
Effective Tax Rate - (Ratio)	0.69	3.59	-	-	-2.01
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-47.75T	-82.19T	-	-	-
Total Deferred Taxes	20T	-	-	-	-
Normalized Net Income	-61.51L	-14.54L	-27.47L	-32.82L	-85.59L
Interest on Long-Term Debt	1L	88.79T	1L	85.88T	19.21T
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	56.22L	8L	26.95L	21.67L	22.42L
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	57.72T	52.32T	6.06T	7.57T	2L
Imputed Operating Lease Interest Expense	85.63T	38.64T	8.44T	-	-
Imputed Operating Lease Depreciation	-27.9T	13.68T	-2.39T	-	-

Fiscal Period: September	2020 (MYR)	2021 (MYR)	2022 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	1L	2L	1L	53.41T	2L
Short Term Investments	5L	26.19T	25.58T	26.13T	-91.22T
Total Cash And Short Term Investments	6L	2L	1L	79.54T	67.19T
Accounts Receivable, Total	5L	5L	27.5L	2L	12.55L
Other Receivables	13.08L	3L	12.46L	6L	88.33L
Total Receivables	18.12L	9L	39.96L	8L	1.01Cr
Inventory	-	-	-	-	-
Prepaid Expenses	18.31L	2L	3L	15.71T	72.84T
Restricted Cash	1L	1L	1L	1L	86.95T
Other Current Assets, Total	1L	27.96L	10L	10L	10L
Total Current Assets	44.79L	42.38L	55.31L	20.08L	1.13Cr
Gross Property Plant And Equipment	1.02Cr	1.04Cr	1.04Cr	70.24L	1.24Cr
Accumulated Depreciation	-98.29L	-1.02Cr	-1.03Cr	-70.03L	-86.7L
Net Property Plant And Equipment	4L	2L	2L	21.59T	37.22L
Long-term Investments	29.07L	12.13L	15.6L	13.64L	1.1Cr
Goodwill	42.47L	42.47L	31.86L	23.89L	90.77L
Other Intangibles, Total	-	-	-	-	-
Deferred Charges Long-Term	-	82.36L	2.67Cr	2.67Cr	2.67Cr
Other Long-Term Assets, Total	25L	25L	25L	25L	25L
Total Assets	1.45Cr	2.07Cr	3.97Cr	3.5Cr	6.43Cr
Liabilities
Accounts Payable, Total	11.34L	45.88L	36.5L	8L	19.46L
Accrued Expenses, Total	6L	11.24L	7L	16.47L	-
Short-term Borrowings	-	-	-	-	12.05L
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	11.63L	9L	7L	13.58T	2L
Current Income Taxes Payable	2L	1L	1L	1L	14.67T
Other Current Liabilities	70.83L	56.15L	2.32Cr	50.22L	1.04Cr
Total Current Liabilities	1.01Cr	1.24Cr	2.83Cr	75.71L	1.37Cr
Long-Term Debt	-	-	-	-	-
Long-Term Leases	2L	1L	54.29T	5.91T	-
Deferred Tax Liability Non Current	20T	20T	20T	20T	20T
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	1.03Cr	1.25Cr	2.84Cr	75.97L	1.37Cr
Preferred Stock Convertible	27L	37.91L	-	-	1.66Cr
Total Preferred Equity	27L	37.91L	-	-	1.66Cr
Common Stock, Total	35L	91.03L	1.73Cr	4.13Cr	4.13Cr
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-22.37L	-47.37L	-60.86L	-1.39Cr	-89.09L
Comprehensive Income and Other	-	-	-	-	-6L
Total Common Equity	12.63L	43.66L	1.13Cr	2.74Cr	3.17Cr
Minority Interest	2L	-	-	30.48T	23.2L
Total Equity	41.7L	81.56L	1.13Cr	2.74Cr	5.06Cr
Total Liabilities And Equity	1.45Cr	2.07Cr	3.97Cr	3.5Cr	6.43Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	13Cr	23Cr	23Cr	51Cr	51Cr
ECS Total Common Shares Outstanding	13Cr	23Cr	23Cr	51Cr	51Cr
Book Value / Share	0.01	0.02	0.05	0.05	0.06
Tangible Book Value	-29.84L	1L	80.71L	2.5Cr	2.26Cr
Tangible Book Value Per Share	-0.02	0	0.04	0.05	0.04
Total Debt	13.5L	10.48L	8L	19.48T	13.69L
Net Debt	8L	8L	6L	-60.05T	13.02L
Debt Equivalent Oper. Leases	5L	4L	48.45T	-	-
Minority Interest, Total (Incl. Fin. Div)	2L	-	-	30.48T	23.2L
Equity Method Investments, Total	10L	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Finished Goods, Total	-	-	-	-	-
Land - (BS)	-	-	-	-	27.99L
Buildings, Total	-	-	-	-	6L
Machinery, Total	52.35L	54.47L	54.48L	41.05L	60.55L
Accumulated Allowance for Doubtful Accounts (Supple)	26.97L	25.35L	29.92L	53.47L	27.13L

Fiscal Period: September	2020 (MYR)	2021 (MYR)	2022 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	-49.21L	-22.3L	-40.49L	-51.95L	33.13L
Depreciation & Amortization - CF	12.6L	2L	90.64T	76.52T	1L
Depreciation & Amortization, Total	12.6L	2L	90.64T	76.52T	1L
Amortization of Deferred Charges, Total - (CF)	535	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-1L	-73.8L
(Gain) Loss on Sale of Investments - (CF)	4L	16.94L	-3L	6L	-
Asset Writedown & Restructuring Costs	-64.5T	-	10.62L	5L	-
(Income) Loss On Equity Investments - (CF)	2L	-	-	-	-
Provision and Write-off of Bad Debts	53.18T	-2L	6L	15.7L	-17.56L
Other Operating Activities, Total	26.02L	1L	82.1T	2L	16.26L
Change In Accounts Receivable	-14.54L	4L	-19.19L	27.34L	39.08L
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	30.79L	4L	1.74Cr	-1.34Cr	22.13L
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	11.43L	4L	1.28Cr	-1.31Cr	20.63L
Capital Expenditure	-44.99T	-10.34T	-580	-8.64T	-2L
Sale of Property, Plant, and Equipment	-	-	-	50T	63.88T
Cash Acquisitions	-	-5L	-	-	53.36T
Divestitures	-	-	-	-	667
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-8.16T	-	4	-4L	-
Other Investing Activities, Total	-10.54T	-82.36L	-2.1Cr	66.85T	43.68T
Cash from Investing	-63.7T	-87.47L	-2.1Cr	-3L	9.38T
Short Term Debt Issued, Total	-	32.81L	13.41L	-	6L
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	32.81L	13.41L	-	4L
Short Term Debt Repaid, Total	-9L	-	-	-29.63L	-18.15L
Long-Term Debt Repaid, Total	-2L	-4L	-3L	-7L	-32.25T
Total Debt Repaid	-10.95L	-4L	-3L	-24.6L	-12.31L
Issuance of Common Stock	-	28.02L	60.58L	1.23Cr	-
Issuance of Preferred Stock	-	28.02L	10.91L	36.09L	-
Other Financing Activities, Total	-1L	-7.78T	-1L	-1L	-3L
Cash from Financing	-12.21L	84.65L	80.62L	1.34Cr	-11.55L
Foreign Exchange Rate Adjustments	-	-	-	-	-8L
Net Change in Cash	-1L	82.17T	-99.26T	-35.08T	70T
Supplemental Items
Cash Interest Paid	1L	5.94T	1L	1L	3L
Cash Income Tax Paid (Refund)	15.08T	-	-	-	-
Levered Free Cash Flow	-18.95L	14.88L	1.46Cr	-	-
Unlevered Free Cash Flow	-17.52L	15.57L	1.47Cr	-	-
Change In Net Working Capital	-20.91L	-27.75L	-1.73Cr	-	-
Net Debt Issued / Repaid	-10.95L	28.7L	10.38L	-24.6L	-8L

Fiscal Period: September	2020 (MYR)	2021 (MYR)	2022 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	-34.18	-7.76	-9.25	-	-
Return on Total Capital	-68.27	-18.52	-25.15	-	-
Return On Equity %	-65.01	-35.81	-41.71	-	-
Return on Common Equity	-132.16	-79.24	-51.83	-	-
Margin Analysis
Gross Profit Margin %	0.1	2.99	8.51	3.21	16.19
SG&A Margin	176.09	36.79	76.06	55.65	15.82
EBITDA Margin %	-198.31	-48.7	-110.93	-113.05	8.3
EBITA Margin %	-213.76	-50.37	-111.36	-113.23	7.77
EBIT Margin %	-213.76	-50.37	-111.36	-113.23	7.77
Income From Continuing Operations Margin %	-106.07	-50.98	-105.49	-113.09	-3.15
Net Income Margin %	-129.98	-51.51	-105.49	-113.09	-24.64
Net Avail. For Common Margin %	-129.98	-51.51	-105.49	-113.09	-24.64
Normalized Net Income Margin	-162.47	-33.58	-71.58	-71.44	-36.23
Levered Free Cash Flow Margin	-50.04	34.38	381.08	-	-
Unlevered Free Cash Flow Margin	-46.27	35.97	383.67	-	-
Asset Turnover
Asset Turnover	0.26	0.25	0.13	-	-
Fixed Assets Turnover	4.66	14.94	20.3	-	-
Receivables Turnover (Average Receivables)	5.75	8.22	2.33	-	-
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	0.44	0.34	0.2	0.27	0.83
Quick Ratio	0.24	0.09	0.15	0.11	0.74
Operating Cash Flow to Current Liabilities	0.11	0.03	0.45	-1.73	0.15
Days Sales Outstanding (Average Receivables)	63.65	44.4	156.88	-	-
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	153.36	248.65	296.91	-	-
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	32.37	12.85	6.92	0.07	2.71
Total Debt / Total Capital	24.45	11.38	6.48	0.07	2.63
LT Debt/Equity	4.49	1.36	0.48	0.02	-
Long-Term Debt / Total Capital	3.39	1.2	0.45	0.02	-
Total Liabilities / Total Assets	71.24	60.51	71.61	21.7	21.34
EBIT / Interest Expense	-35.43	-19.71	-26.84	-90.85	3.68
EBITDA / Interest Expense	-29.92	-18.29	-26.27	-89.52	3.96
(EBITDA - Capex) / Interest Expense	-30.11	-18.39	-26.27	-89.67	3.65
Total Debt / EBITDA	-0.2	-0.52	-0.19	-0	0.69
Net Debt / EBITDA	-0.11	-0.4	-0.15	0.01	0.66
Total Debt / (EBITDA - Capex)	-0.2	-0.51	-0.19	-0	0.75
Net Debt / (EBITDA - Capex)	-0.11	-0.4	-0.15	0.01	0.71
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-70.61	14.35	-11.36	-	-
Gross Profit, 1 Yr. Growth %	-99.92	3.44T	152.16	-	-
EBITDA, 1 Yr. Growth %	326.94	-71.92	101.89	-	-
EBITA, 1 Yr. Growth %	109.99	-73.06	95.97	-	-
EBIT, 1 Yr. Growth %	109.99	-73.06	95.97	-	-
Earnings From Cont. Operations, 1 Yr. Growth %	13.96	-45.04	83.44	-	-
Net Income, 1 Yr. Growth %	94.07	-54.68	81.53	-	-
Normalized Net Income, 1 Yr. Growth %	263.74	-76.36	88.95	-	-
Diluted EPS Before Extra, 1 Yr. Growth %	84.93	-55.49	6.9	-	-
Accounts Receivable, 1 Yr. Growth %	-38	8.97	400.63	-	-
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-71.23	-40.23	-25.71	-	-
Total Assets, 1 Yr. Growth %	-4.03	42.46	118.78	-	-
Tangible Book Value, 1 Yr. Growth %	-256.71	-103.96	6.73T	-	-
Common Equity, 1 Yr. Growth %	-79.57	245.59	157.85	-	-
Cash From Operations, 1 Yr. Growth %	-175.82	268.14	-494.55	-	-
Capital Expenditures, 1 Yr. Growth %	-93.19	-77.01	-94.39	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-	-182.62	-1.51T	-	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-193.91	-1.62T	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-42.03	0.68	-	115.64
Gross Profit, 2 Yr. CAGR %	-	-83.02	845.07	-	154.84
EBITDA, 2 Yr. CAGR %	-	9.5	-24.7	-	-28.87
EBITA, 2 Yr. CAGR %	-	-24.78	-27.33	-	-31.32
EBIT, 2 Yr. CAGR %	-	-24.78	-27.33	-	-31.32
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-20.86	0.41	-	-55.33
Net Income, 2 Yr. CAGR %	-	-6.22	-9.3	-	24.99
Normalized Net Income, 2 Yr. CAGR %	-	-7.28	-33.17	-	91.7
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-9.24	-30.49	-	39.87
Accounts Receivable, 2 Yr. CAGR %	-	-17.8	133.57	-	-23.27
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-58.53	-33.36	-	253.05
Total Assets, 2 Yr. CAGR %	-	16.93	65.4	-	28.9
Tangible Book Value, 2 Yr. CAGR %	-	-75.08	64.46	-	-0.61
Common Equity, 2 Yr. CAGR %	-	-15.98	198.51	-	11.96
Cash From Operations, 2 Yr. CAGR %	-	-50.85	1.04T	-	-65.44
Capital Expenditures, 2 Yr. CAGR %	-	-87.49	-88.65	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	184.94	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	197.96	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-33.22	-	83.27
Gross Profit, 3 Yr. CAGR %	-	-	-58.27	-	127.07
EBITDA, 3 Yr. CAGR %	-	-	34.27	-	-23
EBITA, 3 Yr. CAGR %	-	-	3.5	-	-24.79
EBIT, 3 Yr. CAGR %	-	-	3.5	-	-24.79
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	4.74	-	-43.16
Net Income, 3 Yr. CAGR %	-	-	16.88	-	12.87
Normalized Net Income, 3 Yr. CAGR %	-	-	17.55	-	46.49
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-3.67	-	-4.31
Accounts Receivable, 3 Yr. CAGR %	-	-	50.11	-	-23
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-49.64	-	184.8
Total Assets, 3 Yr. CAGR %	-	-	37.95	-	17.51
Tangible Book Value, 3 Yr. CAGR %	-	-	61.83	-	40.99
Common Equity, 3 Yr. CAGR %	-	-	22.1	-	41.21
Cash From Operations, 3 Yr. CAGR %	-	-	104.28	-	-45.65
Capital Expenditures, 3 Yr. CAGR %	-	-	-90.42	-	540.22
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-19.47	44.22
Gross Profit, 5 Yr. CAGR %	-	-	-	-50.45	301.68
EBITDA, 5 Yr. CAGR %	-	-	-	211.65	-23.54
EBITA, 5 Yr. CAGR %	-	-	-	20.24	-25.67
EBIT, 5 Yr. CAGR %	-	-	-	19.67	-25.67
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	20.24	-28.63
Net Income, 5 Yr. CAGR %	-	-	-	19.12	3.42
Normalized Net Income, 5 Yr. CAGR %	-	-	-	21.03	6.83
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-7.33	-15.8
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-43.84	20.02
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-65.6	59.3
Total Assets, 5 Yr. CAGR %	-	-	-	7.73	34.72
Tangible Book Value, 5 Yr. CAGR %	-	-	-	84.61	49.95
Common Equity, 5 Yr. CAGR %	-	-	-	39.56	90.5
Cash From Operations, 5 Yr. CAGR %	-	-	-	110.15	83.59
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-54.05	27.6
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-