5131.KLSE Zhulian Corporation Bhd
- Market cap
- MYR 308M
- P/E
- -
- P/B
- 0.89x
- ROE
- -4.3%
- Dividend yield
- 8.96%
- Fundamental score
- 1.8/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Aug 2026.
Is 5131.KLSE undervalued?
Graham numberThe Graham number of Zhulian Corporation Bhd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhulian Corporation Bhd fundamental analysis
6 of 21 checks passedROE 0/2
Low return on equity (-4.3%), below 10%.
ROA 0/1
Return on assets (-3.4%) is below the industry median (1.4%).
Profit Consistency 2/2
Profitable for 10 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-39.7%) is not above the 5-year average (-21.3% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-39.7%) is below the industry median (36.9%).
Revenue Growth 0/2
Revenue shrank 3.2% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (0.9%), 40% or less.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Cash Runway 2/2
Loss-making but free cash flow is positive.
PE vs Market 0/1
PE is negative or not available.
PE vs Industry 0/1
PE is negative or not available.
PBV 0/1
Price to book (0.9x) is above the industry median (0.5x).
Graham Number 0/1
Graham number needs positive earnings and book value.
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (9.0%) is in the top 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 0/1
Payout ratio is 195.3%, above 90% of earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
About Zhulian Corporation Bhd
Zhulian Corporation Berhad, an investment holding company, manufactures, markets, and trades consumer products in Malaysia, Thailand, Cambodia, and internationally. The company provides costume/fine fashion jewelry and accessories comprising rings, bracelets, necklaces, brooches, pendants, earrings, and bangles, as well as instant beverages under the ZHULIAN brand; food products; functional beverages, including collagen and fibre mixes, antioxidant beverages, soya drinks, we…
Full company profileZhulian Corporation Bhd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Aug 31, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhulian Corporation Bhd annual financial statements (MYR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 191M | 206M | 183M | 171M | 171M | 150M | 136M | 132M | 126M | 124M | 110M |
| Gross Profit | 134M | 127M | 111M | 95.6M | 96.7M | 87.1M | 71.8M | 73.7M | 68.4M | 75.0M | - |
| Operating Income | 39.1M | 50.4M | 44.1M | 42.2M | 41.9M | 32.1M | 37.2M | 23.8M | 16.9M | 8.04M | 4.40M |
| EBITDA | - | 62.6M | 55.1M | 52.1M | 68.9M | 60.7M | 58.8M | 43.3M | 38.1M | 25.6M | 4.40M |
| Net Income | 41.6M | 52.8M | 52.4M | 49.5M | 46.8M | 41.6M | 38.3M | 29.2M | 23.4M | 14.1M | -14.7M |
| EPS | 0.09 | 0.11 | 0.11 | 0.11 | 0.10 | 0.09 | 0.08 | 0.06 | 0.05 | 0.03 | -0.03 |
| Balance Sheet | |||||||||||
| Total Assets | 588M | 621M | 624M | 657M | 633M | 582M | 550M | 503M | 463M | 446M | 436M |
| Total Liabilities | 34.1M | 40.7M | 29.2M | 42.7M | 46.6M | 40.4M | 45.1M | 41.3M | 37.0M | 30.3M | 90.4M |
| Shareholders' Equity | 554M | 581M | 595M | 615M | 586M | 542M | 505M | 462M | 426M | 416M | 345M |
| Cash & Short-term Investments | 103M | 125M | 149M | 191M | 192M | 235M | 201M | 155M | 160M | 134M | 158M |
| Total Debt | - | - | - | - | 232K | 105K | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 60.0M | 50.9M | 60.8M | 74.7M | 63.0M | 121M | 25.4M | 30.8M | 56.4M | 213K | 55.2M |
| Capital Expenditure | 18.5M | 1.39M | 1.32M | 1.36M | 2.18M | 1.75M | 576K | 1.52M | 935K | 4.05M | 15.2M |
| Free Cash Flow | - | 49.5M | 59.4M | 73.3M | 60.8M | 120M | 24.8M | 29.3M | 55.5M | -3.83M | 40.0M |
| Ratios | |||||||||||
| ROE | 7.5% | 9.1% | 8.8% | 8.1% | 8.0% | 7.7% | 7.6% | 6.3% | 5.5% | 3.4% | -4.3% |
| ROA | 7.1% | 8.5% | 8.4% | 7.5% | 7.4% | 7.2% | 7.0% | 5.8% | 5.1% | 3.2% | -3.4% |
| Net Profit Margin | 21.7% | 25.7% | 28.5% | 29.0% | 27.4% | 27.8% | 28.1% | 22.1% | 18.6% | 11.4% | -13.4% |
| Debt to Equity | - | - | - | - | 0.00x | 0.00x | - | - | - | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhulian Corporation Bhd dividends
- Dividend yield
- 8.96%
- Forward dividend
- 0.02 MYR
- Payout ratio
- 195.3%
- Ex-dividend date
- Aug 11, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | MYR 27.6M | 0.06 | 195.3% |
| 2024 | MYR 55.2M | 0.12 | 235.5% |
| 2023 | MYR 78.2M | 0.17 | 267.5% |
| 2022 | MYR 41.4M | 0.09 | 108.1% |
| 2021 | MYR 41.4M | 0.09 | 99.4% |
| 2020 | MYR 46.0M | 0.10 | 98.3% |
| 2019 | MYR 27.6M | 0.06 | 55.7% |
| 2018 | MYR 41.4M | 0.09 | 79.1% |
| 2017 | MYR 27.6M | 0.06 | 52.3% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 4:3 on Jul 19, 2010.
Who owns Zhulian Corporation Bhd
- Insiders 81.61%
- Institutions 0.00%
- Public & others 18.40%
- Shares outstanding 460M
- Free float 83.5M
Zhulian Corporation Bhd company profile
- Company name
- Zhulian Corporation Bhd
- Ticker
- 5131.KLSE
- ISIN
- MYL5131OO007
- Exchange
- Kuala Lumpur Exchange
- Sector
- Consumer Cyclical
- Industry
- Textiles, Apparel & Luxury Goods
- Employees
- 479
- Fiscal year end
- November
- Address
- Plot 42, Bayan Lepas Industrial Estate, Penang, Malaysia, 11900
- Phone
- 60 4 616 2020
- Website
- zhulian.com
About Zhulian Corporation Bhd
Zhulian Corporation Berhad, an investment holding company, manufactures, markets, and trades consumer products in Malaysia, Thailand, Cambodia, and internationally. The company provides costume/fine fashion jewelry and accessories comprising rings, bracelets, necklaces, brooches, pendants, earrings, and bangles, as well as instant beverages under the ZHULIAN brand; food products; functional beverages, including collagen and fibre mixes, antioxidant beverages, soya drinks, weight management products, and plant protein formula; home wellness products, such as water and air purifiers, and food deoxifying unit under BEYOND brand; homecare detergents under the XTRA WASH brand; traditional herbal supplements under the GREENLEX brand; and vitamin tablets under the NUTRiLEX brand. It also offers therapeutic beddings, such as mattress pads, pillows, bolsters, and mattress protectors, as well as home, personal, baby, and beauty care products; home care and laundry care products; and antibacterial body wash. In addition, the company is involved in the printing of brochures, leaflets, catalogues, name cards, and other related documents, as well as manufactures therapeutic belts; and provides management services. Zhulian Corporation Berhad was founded in 1989 and is headquartered in Penang, Malaysia.
Zhulian Corporation Bhd management
10- Mr. Meng-Keat TeohCEO & Executive Director · born 1967
- Mr. Meng Soon TeohGroup Executive Director · born 1970
- Mr. Meng Lee TeohGroup Executive Director · born 1970
- Ms. Lay Theng PhuahSenior Finance Manager · born 1969
- Ms. Yee Sing LohSenior Finance Manager · born 1975
- Mr. Teh Poh LimOperations Director · born 1967
- Mr. Guan Leong TanSenior Technical Manager · born 1968
- Mr. Ching Hee CheahMarketing Director · born 1971
- Ms. Lay Hoon Ch'ng MAICSACompany Secretary
- Mr. Keng Meng WongSenior Operation Manager · born 1964