WTHORSE | WHITE HORSE BHD
0.590 (-1.67%)
T-O (am): 0.000 (08:59:00)
Last updated: 11:06
Fundamental
Technical
Total Score
WTHORSE Fundamental Trend
FCON: | Sharpe Ratio: | LTS:
WTHORSE Quarter Reports
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| Ann. Date | Qtr. Date | Q | FYE | Revenue [M] | PBT [M] | NP [M] | NPM | DPS | EPS | R. QoQ | R. YoY | E. QoQ | E. YoY | TTM EPS |
Adj. [M] |
NP [M] (adj) |
NPM (adj) |
EPS (adj) |
E. QoQ (adj) |
E. YoY (adj) |
TTM EPS (adj) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 Nov 25 | Q3 Sep 2025 | 3 | 31 Dec 2025 | 98.20 | -2.14 | -2.28 | -2.3% | 0.00 | -1.03 | 7.2% | 9.8% | 231.2% | 36.8% | ||||||||
| 21 Aug 25 | Q2 Jun 2025 | 2 | 31 Dec 2025 | 91.61 | -0.60 | -0.69 | -0.8% | 0.00 | -0.31 | 2.1% | 11.0% | 92.0% | 53.9% | ||||||||
| 28 May 25 | Q1 Mar 2025 | 1 | 31 Dec 2025 | 89.70 | -8.49 | -8.60 | -9.6% | 0.00 | -3.90 | 25.3% | 15.8% | 189.0% | 171.1% | ||||||||
| 26 Feb 25 | Q4 Dec 2024 | 4 | 31 Dec 2024 | 120.15 | -0.70 | -2.97 | -2.5% | 0.00 | -1.35 | 10.4% | 5.5% | 17.6% | 118.8% | ||||||||
| 27 Nov 24 | Q3 Sep 2024 | 3 | 31 Dec 2024 | 108.84 | -3.73 | -3.61 | -3.3% | 0.00 | -1.64 | 5.7% | 3.5% | 142.0% | 23.2% | ||||||||
| 15 Aug 24 | Q2 Jun 2024 | 2 | 31 Dec 2024 | 102.96 | -1.32 | -1.49 | -1.4% | 0.00 | -0.68 | 3.4% | 4.5% | 53.0% | 87.3% | ||||||||
| 28 May 24 | Q1 Mar 2024 | 1 | 31 Dec 2024 | 106.54 | -3.01 | -3.17 | -3.0% | 0.00 | -1.44 | 16.2% | 27.3% | 120.0% | 82.8% | ||||||||
| 28 Feb 24 | Q4 Dec 2023 | 4 | 31 Dec 2023 | 127.12 | 16.62 | 15.83 | 12.5% | 0.00 | 7.18 | 12.7% | 11.8% | 640.8% | 1049.8% | ||||||||
| 17 Nov 23 | Q3 Sep 2023 | 3 | 31 Dec 2023 | 112.83 | -2.37 | -2.93 | -2.6% | 0.00 | -1.33 | 14.5% | 24.0% | 75.1% | 39.6% | ||||||||
| 23 Aug 23 | Q2 Jun 2023 | 2 | 31 Dec 2023 | 98.53 | -11.61 | -11.78 | -11.9% | 0.00 | -5.34 | 17.7% | 5.2% | 36.0% | 491.9% | ||||||||
| 25 May 23 | Q1 Mar 2023 | 1 | 31 Dec 2023 | 83.71 | -18.32 | -18.41 | -22.0% | 0.00 | -8.35 | 26.4% | 20.1% | 1004.7% | 296.9% | ||||||||
| 28 Feb 23 | Q4 Dec 2022 | 4 | 31 Dec 2022 | 113.68 | 2.65 | -1.67 | -1.5% | 0.00 | -0.76 | 25.0% | 24.1% | 65.6% | 102.9% | ||||||||
| 21 Nov 22 | Q3 Sep 2022 | 3 | 31 Dec 2022 | 90.97 | -3.51 | -4.84 | -5.3% | 0.00 | -2.20 | 12.5% | 61.8% | 143.5% | 71.4% | ||||||||
| 23 Aug 22 | Q2 Jun 2022 | 2 | 31 Dec 2022 | 103.93 | -1.91 | -1.99 | -1.9% | 3.00 | -0.90 | 0.8% | 37.5% | 121.3% | 87.9% | ||||||||
| 24 May 22 | Q1 Mar 2022 | 1 | 31 Dec 2022 | 104.77 | 9.30 | 9.35 | 8.9% | 3.00 | 4.24 | 30.1% | 11.1% | 83.6% | 279.5% | ||||||||
| 23 Feb 22 | Q4 Dec 2021 | 4 | 31 Dec 2021 | 149.87 | 64.00 | 56.99 | 38.0% | 3.00 | 25.26 | 166.5% | 5.9% | 436.1% | 720.8% | ||||||||
| 26 Nov 21 | Q3 Sep 2021 | 3 | 31 Dec 2021 | 56.24 | -16.50 | -16.95 | -30.1% | 0.00 | -7.69 | 25.6% | 52.4% | 2.8% | 257.0% | ||||||||
| 24 Aug 21 | Q2 Jun 2021 | 2 | 31 Dec 2021 | 75.56 | -15.86 | -16.50 | -21.8% | 0.00 | -7.25 | 35.9% | 36.8% | 216.7% | 26.2% | ||||||||
| 25 May 21 | Q1 Mar 2021 | 1 | 31 Dec 2021 | 117.88 | -5.12 | -5.21 | -4.4% | 0.00 | -2.29 | 16.7% | 24.1% | 43.2% | 74.1% | ||||||||
| 25 Feb 21 | Q4 Dec 2020 | 4 | 31 Dec 2020 | 141.56 | -13.98 | -9.18 | -6.5% | 0.00 | -4.03 | 19.7% | 2.8% | 93.3% | 71.2% | ||||||||
| 20 Nov 20 | Q3 Sep 2020 | 3 | 31 Dec 2020 | 118.26 | -4.76 | -4.75 | -4.0% | 0.00 | -2.09 | 114.2% | 9.8% | 78.8% | 64.7% | ||||||||
| 25 Aug 20 | Q2 Jun 2020 | 2 | 31 Dec 2020 | 55.22 | -22.22 | -22.35 | -40.5% | 0.00 | -9.82 | 41.9% | 56.9% | 11.0% | 76.2% | ||||||||
| 24 Jun 20 | Q1 Mar 2020 | 1 | 31 Dec 2020 | 95.00 | -20.18 | -20.13 | -21.2% | 0.00 | -8.84 | 34.8% | 25.1% | 36.7% | 238.9% | ||||||||
| 27 Feb 20 | Q4 Dec 2019 | 4 | 31 Dec 2019 | 145.66 | -30.03 | -31.83 | -21.9% | 0.00 | -13.97 | 11.1% | 3.4% | 136.6% | 46.3% | ||||||||
| 20 Nov 19 | Q3 Sep 2019 | 3 | 31 Dec 2019 | 131.12 | -10.45 | -13.45 | -10.3% | 0.00 | -5.90 | 2.2% | 22.2% | 6.0% | 141.2% | ||||||||
| 23 Aug 19 | Q2 Jun 2019 | 2 | 31 Dec 2019 | 128.23 | -14.50 | -12.68 | -9.9% | 0.00 | -5.56 | 1.1% | 11.8% | 113.5% | 244.9% | ||||||||
| 28 May 19 | Q1 Mar 2019 | 1 | 31 Dec 2019 | 126.90 | -6.78 | -5.94 | -4.7% | 0.00 | -2.60 | 15.9% | 12.9% | 72.7% | 255.8% | ||||||||
| 28 Feb 19 | Q4 Dec 2018 | 4 | 31 Dec 2018 | 150.86 | -23.34 | -21.76 | -14.4% | 0.00 | -9.52 | 10.5% | 10.8% | 290.1% | 45.6% | ||||||||
| 22 Nov 18 | Q3 Sep 2018 | 3 | 31 Dec 2018 | 168.48 | -5.71 | -5.58 | -3.3% | 0.00 | -2.44 | 15.9% | 1.9% | 51.7% | 209.4% | ||||||||
| 23 Aug 18 | Q2 Jun 2018 | 2 | 31 Dec 2018 | 145.41 | -4.18 | -3.68 | -2.5% | 0.00 | -1.61 | 0.2% | 8.7% | 196.5% | 133.4% | ||||||||
| 23 May 18 | Q1 Mar 2018 | 1 | 31 Dec 2018 | 145.78 | 4.82 | 3.81 | 2.6% | 0.00 | 1.67 | 13.8% | 2.2% | 125.5% | 10.1% | ||||||||
| 28 Feb 18 | Q4 Dec 2017 | 4 | 31 Dec 2017 | 169.10 | -19.13 | -14.94 | -8.8% | 2.00 | -6.53 | 1.6% | 3.1% | 393.1% | 422.9% | ||||||||
| 23 Nov 17 | Q3 Sep 2017 | 3 | 31 Dec 2017 | 171.78 | 6.16 | 5.10 | 3.0% | 5.00 | 2.23 | 7.8% | 3.7% | 53.7% | 266.8% | ||||||||
| 24 Aug 17 | Q2 Jun 2017 | 2 | 31 Dec 2017 | 159.34 | 14.34 | 11.01 | 6.9% | 0.00 | 4.81 | 11.7% | 14.2% | 159.7% | 176.8% | ||||||||
| 26 May 17 | Q1 Mar 2017 | 1 | 31 Dec 2017 | 142.61 | 5.42 | 4.24 | 3.0% | 0.00 | 1.85 | 18.3% | 16.0% | 8.4% | 75.5% | ||||||||
| 28 Feb 17 | Q4 Dec 2016 | 4 | 31 Dec 2016 | 174.59 | 5.98 | 4.63 | 2.6% | 5.00 | 2.02 | 5.4% | 4.6% | 232.9% | 81.4% | ||||||||
| 24 Nov 16 | Q3 Sep 2016 | 3 | 31 Dec 2016 | 165.59 | 2.24 | 1.39 | 0.8% | 5.00 | 0.61 | 10.9% | 7.2% | 65.1% | 106.7% | ||||||||
| 16 Aug 16 | Q2 Jun 2016 | 2 | 31 Dec 2016 | 185.77 | 5.25 | 3.98 | 2.1% | 0.00 | 1.73 | 9.4% | 0.5% | 77.0% | 75.3% | ||||||||
| 27 May 16 | Q1 Mar 2016 | 1 | 31 Dec 2016 | 169.73 | 22.39 | 17.27 | 10.2% | 0.00 | 7.53 | 7.3% | 16.4% | 30.6% | 1.2% | ||||||||
| 29 Feb 16 | Q4 Dec 2015 | 4 | 31 Dec 2015 | 183.01 | 23.95 | 24.91 | 13.6% | 5.00 | 10.86 | 2.6% | 9.7% | 219.1% | 78.4% | ||||||||
| 24 Nov 15 | Q3 Sep 2015 | 3 | 31 Dec 2015 | 178.35 | -17.65 | -20.91 | -11.7% | 5.00 | -9.11 | 3.5% | 6.5% | 229.9% | 231.5% | ||||||||
| 26 Aug 15 | Q2 Jun 2015 | 2 | 31 Dec 2015 | 184.87 | 21.23 | 16.09 | 8.7% | 0.00 | 7.02 | 9.0% | 1.9% | 5.7% | 14.8% | ||||||||
| 26 May 15 | Q1 Mar 2015 | 1 | 31 Dec 2015 | 203.14 | 22.54 | 17.07 | 8.4% | 0.00 | 7.44 | 0.2% | 20.1% | 22.3% | 12.6% | ||||||||
| 27 Feb 15 | 31/12/14 | 4 | 31/12/14 | 202.77 | 16.37 | 13.96 | 6.9% | 5.00 | 6.08 | 6.3% | 21.9% | 12.2% | 7.9% |
WTHORSE Historical Dividends
WTHORSE Financial Ratios
| EPS | -6.06 sen |
| Trailing PE (Sector Median: 12.9) | 0.0 |
| PEG | 0.0 |
| Altman Z | 1.7 |
| Beaver | 0.103 |
| Current Ratio | 3.42 |
| Debt-Equity (DE) Ratio | 0.26 |
| FCF Yield | 9.45 % |
| Revenue QoQ | 7.19 % |
| Revenue YoY | -9.77% |
| Profit QoQ | -231.25 % |
| Profit YoY | 36.83 % |
| Profit Margin (Sector Median: 3.1) | -3.64 % |
| ROE (ROIC: -2.57) | -2.62 % |
| Dividend Per Share (DPS) | 0.0 sen |
| Dividend Yield (DY) | 0.0 % |
WTHORSE Adjusted Financial Ratios
Ratios below have been recalculated after adjusting for One Off Gain/Loss detected from Quarterly reports
| EPS | |
| Trailing PE (Sector Median: 12.9) | |
| Profit QoQ | |
| Profit YoY | |
| Profit Margin (Sector Median: 3.1) | |
| ROE (ROIC: -2.73) | |
| Altman Z |
WTHORSE Fair Value
Weighted Average Fair Value:
| Discounted Cash Flow (DCF) 5% Growth | |
| Discounted Cash Flow (DCF) 10% Growth | |
| Relative Valuation |
| Graham Formula | |
| Graham Number | |
| Net Tangible Asset (NTA) | 2.51 | Consistent QR FV |
The Fair Value numbers are not, and must not be construed to be, any recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. The figures shown here should be taken as educational purposes only
Advanced Calculators
Calculate the fair value of the stock based on expected growth / risk, contract / award value, forecasted profit or forecasted revenue.
| Forward PE FV Calculator | |
| Latest Profit (adjusted) [M] | -2.31 |
| Expected Profit (Next QR) [M] | |
| Expected Profit (After QR above) [M] | |
| Expected Profit (After QR above) [M] | |
| Estimated Fair Value |
| Growth/Risk Fair Value Calculator | |
| Expected growth (%) | |
| Estimated downside / risk (%) | |
| Estimated New DCF Fair Value |
| Contract/Award Contribution Calculator | |
| Contract/Award Value (in Million) | |
| Estimated Contribution to Stock Price | |
| Estimated New DCF Fair Value |
| Profit-Based Calculator | |
| Expected Profit (M) | |
| for Year | |
| Estimated New DCF Fair Value |
| Revenue-Based Calculator | |
| Expected Revenue (M) | |
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| Market Pricing | |
| Expected Profit (M) | 0.0 |
| Expected Revenue (M) | 0.0 |
| Expected Growth (%) | 0.0 |
The Fair Value calculated using this calculators are not, and must not be construed to be, any recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. The purpose of this tool is to help investor to quickly calculate their own expected Fair Value based on their own research
WTHORSE Directors Share Purchases (Beta)
MR LIAO SHEN YAO added 120000.0 units announced on 14 Mar 2023 at ~RM0.59
MR LIAO SHEN YAO added 120000.0 units announced on 09 Mar 2023 at ~RM0.61
MR CHENG SOON MONG added 442324.0 units announced on 07 Mar 2023 at ~RM0.61
MR LIAO SHEN HUA added 300000.0 units announced on 07 Mar 2023 at ~RM0.61
MR LIAO, HUNG-CHANG added 732896.0 units announced on 07 Mar 2023 at ~RM0.61
MR LIAO SHEN YAO added 100000.0 units announced on 12 Jan 2023 at ~RM0.63
MR LIAO SHEN YAO added 140000.0 units announced on 04 Jan 2023 at ~RM0.6
MR LIAO SHEN HUA added 471027.0 units announced on 08 Apr 2022 at ~RM0.68
MR CHENG SOON MONG added 224500.0 units announced on 26 Oct 2021 at ~RM0.72
WTHORSE Summary
Market Cap: 141 M.
Market Cap Class: Micro caps
Number of Shares: 240 M.
Adjusted Float: 79.3%.
Stock highly correlated with
GESHEN (86%)
RSAWIT (85%)
TDM (83%)
DELEUM (82%)
White Horse Berhad, is an investment holding and provision of management services. Through its subsidiaries, is engaged in the manufacture and distribution of ceramic and homogeneous tiles principally in the Asia-Pacific region. It offers ceramic wall, ceramic floor, porcelain granite, and multieffect granite tiles, as well as porcelain stone. The company also distributes building materials. White Horse was founded in 1992 and is headquartered in Pasir Gudang, Malaysia.
Sectors: Building Materials, Industrial Products & Services
Code: 5009
Website: http://www.whitehorse.com.my/
Related Links: Bursa | Annual Report | Announcement
Warrant Info:
No warrants listed
WTHORSE Top Shareholdings
Updated on 31-Mar-2023
| Shareholder | % | Value (M) |
|---|---|---|
| Teo Kim Tay | 5.63% | 7.97 |
| Teo Swee Teng | 5.02% | 7.11 |
| Teo Boon Hoo | 5.01% | 7.09 |
| Teo Kim Lap | 5.01% | 7.09 |
| Lim Pei Tiam @ Liam Ahat Kiat | 4.53% | 6.41 |
| Liao Hung-Chang | 3.81% | 5.39 |
| Liao Chia Feng | 3.71% | 5.25 |
| Chen Yu-Ching | 2.5% | 3.54 |
| Liao Chung Yi | 2.47% | 3.5 |
| Liao Chia Ning | 2.47% | 3.5 |
| Cheng Soon Mong | 2.21% | 3.13 |
| Liao Shen-Chun | 2.17% | 3.07 |
| Chen Tsui-Ling | 2.07% | 2.93 |
| Chen Yu-Ju | 2.07% | 2.93 |
| UOB Kay Hian Pte Ltd | 1.99% | 2.82 |
| Liao Chih-Hao | 1.89% | 2.68 |
| Liao Chun-Hao | 1.89% | 2.68 |
| Bao Shun Investment Co Limited | 1.89% | 2.68 |
| Yung Sheng Investment Co Limited | 1.81% | 2.56 |
| Liao Shen Hua | 1.7% | 2.4 |
| Zhi Ding Investment Co Limited | 1.58% | 2.24 |
| Liao Shen Yao | 1.5% | 2.12 |
| Chen Hen-Jui | 1.49% | 2.11 |
| Liao Chieh-Ting | 1.42% | 2.01 |
| Liao Yen-Jen | 1.42% | 2.01 |
| Liao Kuan Yung | 1.36% | 1.93 |
| Liao Wan Yu | 1.36% | 1.93 |
| Shih Chi-Fong | 1.31% | 1.85 |
| Ming Chen Investment Co Limited | 1.31% | 1.85 |
| Shih Chih-Che | 1.28% | 1.81 |
Frequently Asked Questions
White Horse Berhad, is an investment holding and provision of management services. Through its subsidiaries, is engaged in the manufacture and distribution of ceramic and homogeneous tiles principally in the Asia-Pacific region. It offers ceramic wall, ceramic floor, porcelain granite, and multieffect granite tiles, as well as porcelain stone. The company also distributes building materials. White Horse was founded in 1992 and is headquartered in Pasir Gudang, Malaysia. The company is listed on Bursa Malaysia and operates in the Building Materials and Industrial Products & Services sectors.
Yes, WHITE HORSE BHD is listed as Shariah-compliant.
The latest share price of WHITE HORSE BHD is RM 0.590 updated on 23 January 2026 11:06.
As of now, WHITE HORSE BHD has a market capitalization of 141M based on the latest financial data.
iSaham's technical analysis indicates that WHITE HORSE BHD's support level is at RM 0.58 and its resistance level is at RM 0.68, based on moving averages and price patterns.
The 52-week high for WHITE HORSE BHD is RM 0.685
WHITE HORSE BHD's share price has decreased by -21.85% year-to-date, influenced by market trends and company performance.
Dividend information for WHITE HORSE BHD has not been reported yet. Track WHITE HORSE BHD's upcoming dividend announcements, yield changes, and payout history easily with the iSaham Stock Screener.
The main shareholders of WHITE HORSE BHD include Teo Kim Tay, Teo Swee Teng and Teo Boon Hoo. View more on WHITE HORSE BHD Top Shareholders page.
You can buy WHITE HORSE BHD shares through any licensed online broker or trading platform registered with Bursa Malaysia. If you're new to investing, iSaham can help you open an account with M+ Online, one of Malaysia's leading brokers.
When you open your M+ account through the iSaham team, you can get iSaham Pro for free as a bonus offer.
This calculator uses Malacca Securities (M+) cash upfront rate (min RM 8 or 0.08%) for all brokerage fee calculation.
This calculator uses Malacca Securities (M+) cash upfront rate (min RM 8 or 0.08%) for all brokerage fee calculation.