TSH Resources Bhd.

TSH Resources Bhd.

1.14
MYR
0.00
(0.00%)
9.25P/E
Nov 25Next Earn
TSH Resources Bhd.
MYX:TSH
(Bursa Malaysia)

Recent

price

1.14

P/E

ratio

9.25

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
MYR
0.74
0.92
0.8
0.78
0.8
0.59
0.65
0.79
0.66
0.52
0.67
0.86
0.95
0.77
0.74
0.81
0.77
Revenue per Share
0.07
0.1
0.06
0.12
0.1
-0.08
0.04
0.07
0.03
0.03
0.06
0.12
0.33
0.07
0.1
0.14
0.13
Basic EPS, GAAP
0.04
0.05
-0.07
-0.04
-0.01
-0.05
0.05
0.07
0.01
0.06
0.13
0.25
0.09
0.12
0.13
0.18
0.12
Free Cash Flow per Basic Share
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.02
0.11
0.03
0.05
- -
- -
Dividend per Share
0.31
0.69
0.69
0.82
0.93
1.01
1.08
1.02
0.99
1.04
1.05
1.19
1.38
1.48
1.47
1.5
1.45
Book Value per Share
0.29
0.54
0.56
0.68
0.78
0.82
0.89
0.85
0.82
0.85
0.89
1.01
1.22
1.33
1.31
1.47
1.42
Tangible Book Value per Share
1,227
1,227
1,236
1,304
1,345
1,345
1,345
1,364
1,382
1,381
1,380
1,380
1,380
1,380
1,380
1,312
1,271
Basic Weighted Avg Shares
908
1,134
985
1,016
1,071
800
872
1,074
906
719
926
1,189
1,306
1,067
1,020
1,062
974
Sales/Revenue/Turnover
12.37
14.16
9.8
14.58
17.1
14.06
15.86
16.27
13.37
10.83
15.32
25.17
21.61
16.73
21.82
27.67
28.48
Operating Margin (%)
30
35
38
42
44
50
51
78
80
98
105
111
101
101
128
109
101
Depreciation Expense
84
118
77
151
139
-106
58
97
40
44
79
169
456
95
136
183
159
Net Income, GAAP
13.78
20
15.58
4.83
19.86
- -
40.96
29.9
36.42
33.39
30.65
20.49
5.8
36.4
28.01
26.43
29.83
Effective Tax Rate (%)
9.28
10.44
7.82
14.82
12.96
-13.2
6.63
9.07
4.46
6.16
8.58
14.25
34.95
8.92
13.3
17.22
16.35
Profit Margin (%)
-206
-149
-162
-55
-289
-607
-260
-301
-367
-259
18
-87
232
327
140
221
160
Working Capital
231
324
523
518
467
475
867
794
793
898
623
591
166
112
59
72
69
LT Debt
845
947
974
1,194
1,354
1,501
1,609
1,539
1,505
1,575
1,598
1,814
2,132
2,305
2,261
2,146
2,024
Total Equity
6.46
7.86
4.48
6.94
6.5
- -
2.71
4
2.6
1.74
3.33
8.12
9.41
4.27
6.24
8.67
8.1
Return on Invested Capital (%)
6.62
7.24
4.07
7.27
5.69
- -
1.66
2.78
1.92
1.93
2.94
5.29
14.52
2.86
4.76
6.1
5.37
Return on Capital (%)
11.39
14.8
8.94
15.26
11.83
-8.11
4.12
6.79
2.9
3.15
5.5
10.95
25.77
4.82
6.7
9.35
8.5
Return on Common Equity (%)

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
226
224
233
LT Borrowings
71
71
69
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,269
1,255
1,241
Market Capitalization
1,548
1,745
1,440

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
565
558
502
Cash, Cash Equivalents & STI
400
376
308
Accounts Receivable, Net
49
46
45
Inventories
104
123
132
Total Current Liabilities
345
338
342
Payables & Accruals
- -
- -
- -
ST Debt
226
224
233
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.89%
6.44%
-5.08%
Free Cash Flow
35.91%
20.4%
31.05%
Net Income, GAAP
22.47%
56.17%
34.85%
Sales/Revenue/Turnover
4.44%
3.93%
4.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
242
253
232
293
1,020
2025
275
269
264
254
1,062
2026
205
251
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.02
0.04
0.1
2025
0.04
0.04
0.04
0.02
0.14
2026
0.02
0.04
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.03
0.05
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
TSH Resources Berhad, an investment holding company incorporated in 1979 and headquartered in Kuala Lumpur, Malaysia, primarily engages in oil palm cultivation, processing and refining; forest plantation and downstream wood products manufacturing including engineered hardwood flooring; cocoa products manufacturing, selling and trading; and renewable energy generation from biomass and biogas plants. The group operates approximately 39,000 hectares of oil palm plantations, comprising 3,000 hectares in Sabah, Malaysia, and 36,000 hectares in Kalimantan and Sumatera, Indonesia, supported by five palm oil mills (one in Sabah and two each in those Indonesian regions), a joint venture palm oil refinery and palm kernel crushing facility in Sabah with Wilmar International Group, and biomass/biogas power plants in Sabah supplying green electricity to the grid under power purchase agreements with Sabah Electricity Sdn Bhd; it maintains sustainability certifications under Malaysian Sustainable Palm Oil and Indonesian Sustainable Palm Oil frameworks, a No Deforestation pledge and Zero Burning Policy, with full traceability of crude palm oil and palm kernel to mills and fresh fruit bunches to plantations. Geographically, operations span Malaysia, Indonesia, the United States, Southwest Pacific and other international markets, targeting palm oil buyers, wood product distributors, cocoa traders and energy utilities. Recent developments include the completion of an acquisition of oil palm plantation land from Sharikat Keratong Sendirian Berhad for MYR 76 million, expansion of planted oil palm area toward 47,000-50,000 hectares over the next 2-3 years using existing land bank post-divestments, ongoing share buy-back programs with multiple executions in 2025 including on November 28, strong financial performance with FY24 core net profit up 69% year-on-year driven by higher fresh fruit bunch yields and crude palm oil/palm kernel prices, and a secondary listing on the Singapore Exchange's Main Board.