INCH KENNETH KAJANG RUBBER PUBLIC LIMITED COMPANY

Income Statement Inch Kenneth Kajang Rubber Public Limited Company Singapore S.E.

Stocks

I4R

GB0004601091

Leisure & Recreation

Delayed Singapore S.E.			5-day change	1st Jan Change
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08/09	Inch Kenneth Kajang Rubber Public Ltd Co Announces Redesignation of Datuk Che Md Nawawi Bin Ismail from Independent and Non Executive Director to Independent and Non Executive Chairman, Effective September 8, 2026	CI
08/09	Inch Kenneth Kajang Rubber Public Ltd Co Announces Resignation of Datuk Che Md Nawawi Bin Ismail as Independent and Non Executive Chairman of Audit Committee, Effective September 8, 2026	CI

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Published financial data: INCH KENNETH KAJANG RUBBER PUBLIC LIMITED COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	3.27Cr	2.1Cr	1.73Cr	1.78Cr	1.46Cr
Total Revenues	3.27Cr	2.1Cr	1.73Cr	1.78Cr	1.46Cr
Cost of Goods Sold, Total	2.28Cr	1.58Cr	1.06Cr	88.55L	63.71L
Gross Profit	98.45L	51.85L	67.39L	89.16L	81.99L
Selling General & Admin Expenses, Total	2.03Cr	1.51Cr	1.4Cr	1.64Cr	1.72Cr
Other Operating Expenses	-6L	-5L	-3L	-6L	-4L
Other Operating Expenses, Total	1.97Cr	1.46Cr	1.37Cr	1.58Cr	1.68Cr
Operating Income	-98.48L	-93.84L	-69.45L	-68.51L	-86L
Interest Expense, Total	-	-	-	-	-3L
Interest And Investment Income	3L	61T	39T	8T	8T
Net Interest Expenses	3L	61T	39T	8T	-3L
Income (Loss) On Equity Invest.	-28.87L	-	-	-	-
Currency Exchange Gains (Loss)	-	64T	6L	2L	9T
Other Non Operating Income (Expenses)	79T	79T	79T	79T	88T
EBT, Excl. Unusual Items	-1.24Cr	-91.8L	-61.94L	-65.43L	-87.97L
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-1L	-13.54L	-	-	-
Gain (Loss) On Sale Of Assets	-	-	10T	-	-
Asset Writedown	2L	55T	-	2L	5L
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-1.23Cr	-1.05Cr	-61.84L	-63.76L	-82.97L
Income Tax Expense	39T	96T	-1L	7L	-4L
Earnings From Continuing Operations	-1.23Cr	-1.06Cr	-60.53L	-70.43L	-79.02L
Net Income to Company	-1.23Cr	-1.06Cr	-60.53L	-70.43L	-79.02L
Net Income - (IS)	-1.23Cr	-1.06Cr	-60.53L	-70.43L	-79.02L
Net Income to Common Incl Extra Items	-1.23Cr	-1.06Cr	-60.53L	-70.43L	-79.02L
Net Income to Common Excl. Extra Items	-1.23Cr	-1.06Cr	-60.53L	-70.43L	-79.02L
Per Share Items
Net EPS - Basic	-0.03	-0.03	-0.02	-0.02	-0.02
Basic EPS - Continuing Operations	-0.03	-0.03	-0.02	-0.02	-0.02
Basic Weighted Average Shares Outstanding	38Cr	38Cr	38Cr	38Cr	38Cr
Net EPS - Diluted	-0.03	-0.03	-0.02	-0.02	-0.02
Diluted EPS - Continuing Operations	-0.03	-0.03	-0.02	-0.02	-0.02
Diluted Weighted Average Shares Outstanding	38Cr	38Cr	38Cr	38Cr	38Cr
Normalized Basic EPS	-0.02	-0.02	-0.01	-0.01	-0.01
Normalized Diluted EPS	-0.02	-0.02	-0.01	-0.01	-0.01
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-78.83L	-76.89L	-54.99L	-54.88L	-72.13L
EBITA	-98.48L	-93.84L	-69.45L	-68.51L	-86L
EBIT	-98.48L	-93.84L	-69.45L	-68.51L	-86L
EBITDAR	-72.55L	-70.61L	-48.65L	-48.99L	-66.24L
Effective Tax Rate - (Ratio)	-0.32	-0.92	2.12	-10.46	4.76
Current Domestic Taxes	39T	96T	1L	5L	69T
Total Current Taxes	39T	96T	1L	5L	69T
Deferred Domestic Taxes	-	-	-	92T	-32T
Total Deferred Taxes	-	-	-	92T	-32T
Normalized Net Income	-77.49L	-57.38L	-38.71L	-40.89L	-54.98L
Interest on Long-Term Debt	1L	81T	36T	27T	91T
Supplemental Operating Expense Items
Selling and Marketing Expenses	46.92L	15.64L	3L	4L	-
General and Administrative Expenses	1.56Cr	1.35Cr	1.38Cr	1.6Cr	1.72Cr
Net Rental Expense, Total	6L	6L	6L	6L	6L
Imputed Operating Lease Interest Expense	-	-	-	-	10.13L
Imputed Operating Lease Depreciation	-	-	-	-	-4L

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	62.29L	41.03L	17.96L	10.76L	49.61L
Short Term Investments	5L	6L	4L	82T	27T
Total Cash And Short Term Investments	67.69L	46.72L	21.66L	11.58L	49.88L
Accounts Receivable, Total	27.28L	11.98L	4L	2L	54T
Other Receivables	76.15L	47.51L	55.06L	80.31L	1.56Cr
Total Receivables	1.03Cr	59.49L	59.08L	81.97L	1.56Cr
Inventory	31.87L	18.07L	24.78L	11.02L	10L
Other Current Assets, Total	7.1Cr	7.1Cr	7.1Cr	8.56Cr	8.56Cr
Total Current Assets	9.13Cr	8.34Cr	8.16Cr	9.61Cr	11Cr
Gross Property Plant And Equipment	7.4Cr	7.36Cr	7.52Cr	7.46Cr	7.52Cr
Accumulated Depreciation	-3.35Cr	-3.49Cr	-3.65Cr	-3.67Cr	-3.98Cr
Net Property Plant And Equipment	4.05Cr	3.87Cr	3.86Cr	3.79Cr	3.53Cr
Long-term Investments	30.31L	17.27L	2L	49T	36T
Goodwill	0	-	-	-	-
Other Intangibles, Total	7T	0	-	-	-
Deferred Tax Assets Long-Term	-	-	2L	82T	1L
Other Long-Term Assets, Total	55Cr	55Cr	55Cr	56Cr	57Cr
Total Assets	69Cr	68Cr	67Cr	69Cr	71Cr
Liabilities
Accounts Payable, Total	1L	1L	5L	81T	63T
Current Portion of Leases	6L	5L	6L	6L	5L
Current Income Taxes Payable	-2L	1L	46T	1L	-
Other Current Liabilities	26.46L	32.95L	69.85L	1.2Cr	3.15Cr
Total Current Liabilities	31.93L	40.33L	81.36L	1.28Cr	3.21Cr
Long-Term Leases	13.35L	8L	17.06L	11.13L	6L
Unearned Revenue Non Current	11.77L	10.99L	10.2L	9L	9L
Deferred Tax Liability Non Current	8.58Cr	8.58Cr	8.58Cr	9.36Cr	9.38Cr
Other Non Current Liabilities	3L	3L	3L	2L	4L
Total Liabilities	9.18Cr	9.2Cr	9.7Cr	11Cr	13Cr
Common Stock, Total	29Cr	29Cr	29Cr	29Cr	29Cr
Additional Paid In Capital	8T	8T	8T	8T	8T
Retained Earnings	3.75Cr	2.69Cr	2.09Cr	1.38Cr	59.08L
Treasury Stock	-3.19Cr	-3.19Cr	-3.19Cr	-3.19Cr	-3.19Cr
Comprehensive Income and Other	30Cr	30Cr	30Cr	32Cr	32Cr
Total Common Equity	59Cr	58Cr	58Cr	58Cr	58Cr
Total Equity	59Cr	58Cr	58Cr	58Cr	58Cr
Total Liabilities And Equity	69Cr	68Cr	67Cr	69Cr	71Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	38Cr	38Cr	38Cr	38Cr	38Cr
ECS Total Common Shares Outstanding	38Cr	38Cr	38Cr	38Cr	38Cr
Book Value / Share	1.57	1.54	1.52	1.54	1.53
Tangible Book Value	59Cr	58Cr	58Cr	58Cr	58Cr
Tangible Book Value Per Share	1.57	1.54	1.52	1.54	1.53
Total Debt	19.43L	13.29L	22.72L	17.06L	11.04L
Net Debt	-48.26L	-33.43L	1L	5L	-38.84L
Debt Equivalent Oper. Leases	50.24L	50.24L	50.72L	47.12L	47.12L
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	30.74L	16.25L	22.97L	9L	8L
Inventories - Others	1L	2L	2L	2L	2L
Land - (BS)	2.24Cr	2.24Cr	2.24Cr	2.3Cr	2.29Cr
Buildings, Total	3.56Cr	3.58Cr	3.6Cr	3.64Cr	3.64Cr
Full Time Employees	136	192	177	182	161

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	-1.23Cr	-1.06Cr	-60.53L	-70.43L	-79.02L
Depreciation & Amortization - CF	25.93L	23.23L	20.61L	21.37L	19.76L
Depreciation & Amortization, Total	25.93L	23.23L	20.61L	21.37L	19.76L
Amortization of Deferred Charges, Total - (CF)	17T	7T	-	-	-
Other Operating Activities, Total	23.95L	11.64L	-82T	26.05L	-13.11L
Change In Accounts Receivable	-59.54L	43.94L	3L	-20L	-1.24Cr
Change In Inventories	-12.18L	13.79L	-7L	-13.76L	1L
Change In Accounts Payable	10.22L	6L	34.12L	38.57L	2.47Cr
Cash from Operations	-1.34Cr	-7L	-10.32L	-18.2L	51.68L
Capital Expenditure	-5L	-5L	-4L	-2L	-5L
Sale of Property, Plant, and Equipment	-	-	10T	-	-
Sale (Purchase) of Real Estate properties	-	-4L	-2L	-2L	-64T
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	1.49Cr	48T	-	-	-
Other Investing Activities, Total	3L	61T	-	22.03L	-
Cash from Investing	1.46Cr	-7L	-6L	17.41L	-6L
Long-Term Debt Repaid, Total	-7L	-7L	-7L	-6L	-7L
Total Debt Repaid	-7L	-7L	-7L	-6L	-7L
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Cash from Financing	-7L	-7L	-7L	-6L	-7L
Miscellaneous Cash Flow Adjustments	-	-	3T	-	-
Net Change in Cash	4L	-21.26L	-23.07L	-7L	38.85L
Supplemental Items
Cash Income Tax Paid (Refund)	2L	2L	99T	1L	8L
Levered Free Cash Flow	-1Cr	27.19L	7L	-1.33Cr	79.33L
Unlevered Free Cash Flow	-1Cr	27.19L	7L	-1.33Cr	81.22L
Change In Net Working Capital	59.3L	-67.06L	-34.21L	1.09Cr	-1.21Cr
Net Debt Issued / Repaid	-7L	-7L	-7L	-6L	-7L

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	-0.89	-0.86	-0.64	-0.63	-0.77
Return on Total Capital	-1.02	-0.99	-0.75	-0.73	-0.92
Return On Equity %	-2.04	-1.8	-1.04	-1.21	-1.36
Return on Common Equity	-2.04	-1.8	-1.04	-1.21	-1.36
Margin Analysis
Gross Profit Margin %	30.14	24.67	38.89	50.17	56.27
SG&A Margin	62.27	71.7	80.83	92.2	118.16
EBITDA Margin %	-24.14	-36.58	-31.74	-30.88	-49.51
EBITA Margin %	-30.15	-44.65	-40.08	-38.55	-59.03
EBIT Margin %	-30.15	-44.65	-40.08	-38.55	-59.03
Income From Continuing Operations Margin %	-37.65	-50.31	-34.93	-39.63	-54.23
Net Income Margin %	-37.65	-50.31	-34.93	-39.63	-54.23
Net Avail. For Common Margin %	-37.65	-50.31	-34.93	-39.63	-54.23
Normalized Net Income Margin	-23.73	-27.3	-22.34	-23.01	-37.74
Levered Free Cash Flow Margin	-30.65	12.94	4.19	-74.63	54.45
Unlevered Free Cash Flow Margin	-30.65	12.94	4.19	-74.63	55.74
Asset Turnover
Asset Turnover	0.05	0.03	0.03	0.03	0.02
Fixed Assets Turnover	0.81	0.53	0.45	0.46	0.4
Receivables Turnover (Average Receivables)	17.86	10.71	21.66	62.68	132.45
Inventory Turnover (Average Inventory)	8.85	6.34	4.94	4.95	6.11
Short Term Liquidity
Current Ratio	28.59	20.69	10.02	7.5	3.34
Quick Ratio	5.36	2.63	0.99	0.73	0.64
Operating Cash Flow to Current Liabilities	-4.21	-0.17	-0.13	-0.14	0.16
Days Sales Outstanding (Average Receivables)	20.44	34.09	16.85	5.84	2.76
Days Outstanding Inventory (Average Inventory)	41.24	57.56	73.86	73.99	59.78
Average Days Payable Outstanding	1.18	3.09	10.41	15.17	4.2
Cash Conversion Cycle (Average Days)	60.5	88.56	80.3	64.65	58.34
Long Term Solvency
Total Debt/Equity	0.33	0.23	0.39	0.29	0.19
Total Debt / Total Capital	0.33	0.23	0.39	0.29	0.19
LT Debt/Equity	0.22	0.14	0.3	0.19	0.1
Long-Term Debt / Total Capital	0.22	0.14	0.3	0.19	0.1
Total Liabilities / Total Assets	13.37	13.62	14.42	15.66	18.02
EBIT / Interest Expense	-	-	-	-	-28.48
EBITDA / Interest Expense	-	-	-	-	-21.93
(EBITDA - Capex) / Interest Expense	-	-	-	-	-23.74
Total Debt / EBITDA	-0.27	-0.19	-0.47	-0.36	-0.17
Net Debt / EBITDA	0.67	0.47	-0.02	-0.12	0.59
Total Debt / (EBITDA - Capex)	-0.25	-0.18	-0.43	-0.34	-0.15
Net Debt / (EBITDA - Capex)	0.62	0.44	-0.02	-0.11	0.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	224.62	-35.65	-17.56	2.56	-18.01
Gross Profit, 1 Yr. Growth %	132.25	-47.33	29.97	32.3	-8.04
EBITDA, 1 Yr. Growth %	-26.5	-2.46	-28.58	-0.2	40.39
EBITA, 1 Yr. Growth %	-19	-4.71	-25.99	-1.35	32.29
EBIT, 1 Yr. Growth %	-19	-4.71	-25.99	-1.35	32.29
Earnings From Cont. Operations, 1 Yr. Growth %	-22.62	-14	-42.76	16.36	12.2
Net Income, 1 Yr. Growth %	-22.62	-14	-42.76	16.36	12.2
Normalized Net Income, 1 Yr. Growth %	-19.28	-25.96	-32.53	5.63	34.45
Diluted EPS Before Extra, 1 Yr. Growth %	-22.69	-13.77	-42.91	16.36	12.19
Accounts Receivable, 1 Yr. Growth %	193.33	-56.09	-66.44	-58.6	-67.47
Inventory, 1 Yr. Growth %	61.86	-43.3	37.13	-55.53	-10.62
Net Property, Plant and Equip., 1 Yr. Growth %	1.75	-4.47	-0.15	-1.84	-3.93
Total Assets, 1 Yr. Growth %	-2.02	-1.55	-0.46	2.88	2.25
Tangible Book Value, 1 Yr. Growth %	-2.36	-1.83	-1.38	1.34	-0.61
Common Equity, 1 Yr. Growth %	-2.36	-1.83	-1.38	1.34	-0.61
Cash From Operations, 1 Yr. Growth %	-11.77	-94.78	47.01	79.31	-383.96
Capital Expenditures, 1 Yr. Growth %	-83.36	-15.36	-7.96	-42.55	128.45
Levered Free Cash Flow, 1 Yr. Growth %	-27.98	-127.17	-73.32	-1.93T	-159.82
Unlevered Free Cash Flow, 1 Yr. Growth %	-27.98	-127.17	-73.32	-1.93T	-162.27
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	51.58	44.54	-27.16	-8.05	-8.3
Gross Profit, 2 Yr. CAGR %	3.89	10.6	-17.26	31.13	10.3
EBITDA, 2 Yr. CAGR %	-14.67	-15.33	-16.48	-15.57	14.53
EBITA, 2 Yr. CAGR %	-5.97	-12.15	-16.02	-14.56	11.28
EBIT, 2 Yr. CAGR %	-5.97	-12.15	-16.02	-14.56	11.28
Earnings From Cont. Operations, 2 Yr. CAGR %	33.4	-18.42	-29.84	-18.39	14.26
Net Income, 2 Yr. CAGR %	33.4	-18.42	-29.84	-18.39	14.26
Normalized Net Income, 2 Yr. CAGR %	3.99	-22.69	-29.32	-15.58	19.17
Diluted EPS Before Extra, 2 Yr. CAGR %	33.21	-18.35	-29.84	-18.5	14.26
Accounts Receivable, 2 Yr. CAGR %	106.14	13.5	-61.61	-62.78	-63.3
Inventory, 2 Yr. CAGR %	42.07	-4.2	-11.82	-21.91	-36.95
Net Property, Plant and Equip., 2 Yr. CAGR %	2.88	-1.41	-2.33	-1	-4.38
Total Assets, 2 Yr. CAGR %	-2.28	-1.79	-1.01	1.31	2.56
Tangible Book Value, 2 Yr. CAGR %	-2.7	-2.1	-1.61	0.1	0.36
Common Equity, 2 Yr. CAGR %	-2.7	-2.1	-1.61	0.1	0.36
Cash From Operations, 2 Yr. CAGR %	213.68	-78.53	-72.29	61.02	125.65
Capital Expenditures, 2 Yr. CAGR %	-81.78	-62.48	-11.74	-27.28	14.56
Levered Free Cash Flow, 2 Yr. CAGR %	-28.81	-55.77	-73.08	120.86	230.71
Unlevered Free Cash Flow, 2 Yr. CAGR %	-28.81	-55.77	-73.08	120.86	234.62
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	27.56	13.93	19.87	-18.36	-11.5
Gross Profit, 3 Yr. CAGR %	3.77	-17.16	16.71	-3.25	16.5
EBITDA, 3 Yr. CAGR %	-5.74	-10.78	-19.96	-11.37	-2.15
EBITA, 3 Yr. CAGR %	-3.2	-5.55	-17.03	-11.39	-2.87
EBIT, 3 Yr. CAGR %	-3.2	-5.55	-17.03	-11.39	-2.87
Earnings From Cont. Operations, 3 Yr. CAGR %	3.4	15.24	-27.51	-16.95	-9.26
Net Income, 3 Yr. CAGR %	3.4	15.24	-27.51	-16.95	-9.26
Normalized Net Income, 3 Yr. CAGR %	8.01	-7.14	-26.12	-19.19	-1.41
Diluted EPS Before Extra, 3 Yr. CAGR %	4.15	15.23	-27.53	-16.95	-9.34
Accounts Receivable, 3 Yr. CAGR %	123.61	23.11	-24.39	-60.67	-64.41
Inventory, 3 Yr. CAGR %	8.9	4.6	7.97	-29.81	-18.31
Net Property, Plant and Equip., 3 Yr. CAGR %	3.73	0.37	-0.99	-2.17	-2.99
Total Assets, 3 Yr. CAGR %	-1.82	-2.04	-1.35	0.35	1.62
Tangible Book Value, 3 Yr. CAGR %	-2.08	-2.41	-1.86	-0.55	-0.14
Common Equity, 3 Yr. CAGR %	-2.09	-2.41	-1.86	-0.55	-0.14
Cash From Operations, 3 Yr. CAGR %	14.02	-19.9	-59.23	-48.65	94.53
Capital Expenditures, 3 Yr. CAGR %	-71.92	-69.6	-49.39	-23.51	6.5
Levered Free Cash Flow, 3 Yr. CAGR %	-0.74	-48.36	-62.63	9.84	42.89
Unlevered Free Cash Flow, 3 Yr. CAGR %	-0.74	-48.36	-62.63	9.84	44.02
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	24.69	5.82	1.94	4.57	7.69
Gross Profit, 5 Yr. CAGR %	7.04	-10.85	-5.22	-0.45	14.1
EBITDA, 5 Yr. CAGR %	1.46	3.42	-10.19	-12.71	-7.63
EBITA, 5 Yr. CAGR %	2.28	3.8	-8.55	-9.26	-6.69
EBIT, 5 Yr. CAGR %	2.28	3.8	-8.55	-9.26	-6.69
Earnings From Cont. Operations, 5 Yr. CAGR %	26.87	-6.44	-11.46	0.38	-13.04
Net Income, 5 Yr. CAGR %	26.87	-6.44	-11.46	0.38	-13.04
Normalized Net Income, 5 Yr. CAGR %	29.64	12.83	-8.84	-10.61	-10.55
Diluted EPS Before Extra, 5 Yr. CAGR %	28.41	-5.22	-11.07	0.32	-13.06
Accounts Receivable, 5 Yr. CAGR %	48.96	13.72	10.5	-23.7	-43.4
Inventory, 5 Yr. CAGR %	25.2	-12.07	0.08	-6.94	-12.94
Net Property, Plant and Equip., 5 Yr. CAGR %	-38.84	-40.13	1.26	-0.18	-2.36
Total Assets, 5 Yr. CAGR %	-0.96	-1.42	-1.5	-0.71	0.24
Tangible Book Value, 5 Yr. CAGR %	-1.35	-1.74	-1.89	-1.41	-0.92
Common Equity, 5 Yr. CAGR %	-1.36	-1.74	-1.9	-1.41	-0.92
Cash From Operations, 5 Yr. CAGR %	41	-45.66	-35.25	5.91	-19.44
Capital Expenditures, 5 Yr. CAGR %	-47.94	-41.27	-55.61	-56.91	-29.83
Levered Free Cash Flow, 5 Yr. CAGR %	-34.89	-31.27	-41.1	-7.66	-10.61
Unlevered Free Cash Flow, 5 Yr. CAGR %	-34.89	-31.27	-41.1	-7.66	-10.18
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-