Financial Year Ended 31 December 2020 2019 2018 2017
  12 months
Audited
12 months
Audited
12 months
Audited
12 months
Audited
 
Key Financials        
Revenue (RM'000) 344,479 422,786 217,764 190,857
Gross Profit (GP) (RM'000) 33,283 37,876 27,334 17,584
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) (RM'000) 34,452 36,764 24,093 13,455
Profit Before Taxation (PBT) (RM'000) 19,211 22,182 14,374 8,549
Profit After Taxation (PAT) (RM'000) 14,301 15,767 9,901 5,943
PAT Attributable to Owners of The Company (RM'000) 14,301 14,587 7,455 5,483
Total Assets (RM'000) 342,530 327,914 222,177 177,142
Total Equity (RM'000) 72,245 57,944 41,377 33,476
 
Key Ratios        
Basic Earnings Per Share(1) (sen) 2.96 3.02 1.54 1.14
Diluted Earnings Per Share(2) (sen) 2.22 2.27 1.16 0.85
GP Margin(3) (%) 9.7 9.0 12.6 9.2
PBT Margin(4) (%) 5.6 5.2 6.6 4.5
PAT Margin(5) (%) 4.2 3.7 4.5 3.1
Trade Receivables Turnover(6) (days) 68 47 100 223
Trade Payables Turnover(7) (days) 152 99 138 193
Current Ratio(8) (times) 1.0 1.0 0.9 0.9
Gearing Ratio(9) (times) 1.1 1.1 1.4 0.7

Notes:

(1) Calculated based on PAT attributable to owners of the Company and share capital of 482,866,600 Shares in issue before IPO.
(2) Calculated based on PAT attributable to owners of the Company and enlarged share capital of 643,822,000 Shares after IPO.
(3) Calculated based on GP over revenue.
(4) Calculated based on PBT over revenue.
(5) Calculated based on PAT over revenue.
(6) Computed based on average opening and closing trade receivables (excluding retention sum) over revenue for the year multiplied by 365 days for each financial year.
(7) Computed based on average opening and closing trade payables (excluding retention sum) over cost of sales for the year multiplied by 365 days for each financial year.
(8) Computed based on current assets over current liabilities as at each year end.
(9) Computed based on total borrowings and lease liabilities (excluding lease liabilities arising from the rental of land and buildings of RM0.60 million for FYE 2017, RM0.85 million for FYE 2018, RM0.58 million for FYE 2019 and RM0.65 million for FYE 2020) over total equity as at each year end.

Please read this section in conjunction with Nestcon Berhad's Prospectus dated 08 June 2021.