Higher revenue to be offset by temporary cost pressures. Revenue growth - +13% YoY, FYE2021: MYR157.0M ➡️ FYE2022: MYR176.7M. Margin compression: FYE2020-Q4: 41.6% ➡️ FYE2022-Q4: 36.0%.

Solid growth with margin compression and high capex expected for expansion. Revenue growth - +20.6% YoY, FYE2021-9M: MYR 886.3M ➡️ FYE2022-9M: MYR 1,068.8M. Quarterly gross margin decline to 14.03%.

Top-notch profitability and remarkably healthy asset quality. Recorded FYE22Q3: MYR 2,387.4m, +7.7% QoQ from FYE22Q2: MYR 2,217.6 from interest income and higher return +14.8% QoQ from non-interest income.

Strong revenue growth, steady margins and generous >50% dividend payout. Revenue growth - +55% YoY, FYE2022-6M: MYR 155.51M ➡️ FYE2023-6M: MYR 240.87M. CROIC >5%.

Above par earnings, but mediocre profitability and relatively high-risk loan portfolio. Improved profitability due to higher earnings (+17% YoY) and lower allowances (-25% YoY). MAYBANK is expected to end 2022 fiscal year strong.

Strong rebound despite supply chain issues and inflation. Revenue growth +365.8% YoY, FYE2021-Q1: MYR 81.4M ➡️ FYE2022-Q1: MYR 379.1M; MYR 1,319.1M in FYE2022, +28.1% YoY. ROIC of PADINI recovered from FYE2020: 7%, FYE2021: 5.7% ➡️ FYE2022: 12.5%.

You will learn why we need 3 financial statements. Once a company exceeds a certain level of complexity, we cannot use a simple income statement, but must also use Balance Sheet and Cash Flow Statement to capture everything.

Financial Statements show us where a company’s money (cash flow) came from, where it went, and where it is now. They provide very meaningful information for investors. And information is the investor’s best tool when it comes to investing wisely.

Wonder why must we adjust some cash/non-cash items in Cash Flow from Operations? Why do some cash inflows and outflows appear in the Cash Flow Statement, but not in the Income Statement? Here are the answers.

You will learn the key elements of financial statement analysis to ask the right questions to really get under the skin and identify the real risks facing companies and investors in these challenging times.

We will use a fictitious retail shop to illustrate the impact to the financial statements when the shop completely acquires a cafe, invests in other business and acquires majority shares of another business.

Commercial banks are very different from normal companies. You will learn a methodology to access banks' performance: Funding and Liquidity, Asset Quality, Capitalisation and Leverage, Earnings and Profitability.

You will learn some advanced accounting items, such as hedging, non-controlling interests, financial instruments, contract accounting, etc.

Your investment styles should fit your personality. You will learn about your own personality, then learn investment styles that fit each personality.

Test your knowledge of financial statements with given scenarios from beginner to advanced level.

Loans are very risky because people could default, pay back Loans late, “disappear”, etc. We must assess whether banks have sufficient equity capital to cover unexpected losses due to black swan events.

A bank must always maintain a certain amount of regulatory capital based on the bank’s equity for unexpected loss. You will learn the key concepts of Numerator and Denominator of the capital adequacy ratios.

Banks add value and earn money from their lending (Assets) and depositing (Liabilities) activities. So, banks must ensure adequate liquidity to match their liabilities. You will learn how banks raise cash.

Learn about how IFRS 9 Expected Credit Loss work and how to analyse ECL from retail investor perspective.

A set of international banking regulations designed to promote financial stability by establishing minimum capital requirements, risk management standards, and supervisory guidelines for banks.

Share-based payments are a way for companies to compensate their employees with company ownership. Learn the impact of Share-based payments to financial statements.