01
Cost Input
Real import flow: CNY material → FX → MYR landed cost → processing & overhead.
∑
Total Cost per Sheet (after yield + sensitivity)
Solid—
Wood / Linen—
Special—
Premium
Per-Tier Final Cost · 4 PVC Variants
Each tier's Material Cost / Landed Cost / Final Cost — feeds directly into Section 03 Pricing & Margins
| Tier | PVC ¥/m | Material MYR/sheet |
Total Landed RM/sheet |
Final Cost (after yield) |
|---|---|---|---|---|
| Solid | — | — | — | — |
| Wood / Linen | — | — | — | — |
| Special Effect | — | — | — | — |
| Premium | — | — | — | — |
Yield Rate
% of sheets that are sellable. Lower yield → higher effective cost.
%
Show Calculation Breakdown — click to collapse · all formulas + step-by-step
02
Pricing & Margins
Adjust selling prices to find your profit sweet spot. GP updates live based on current cost.
Factory Overhead Absorption · MFRS 102 View
Your current GP is Contribution Margin (Material + Import only). For audit / IPO / tax reporting, factory overhead must be allocated to cost. All values below auto-derive from Section 04 — Rent & Utilities scale with current volume (Capacity-Driven Scaling). Update Section 04 to change any value.
⟳ Auto-synced
Values refresh automatically when Section 04 or volume changes.
Factory Rent
— from Section 04 Rental
RM 0
Utilities (Electricity + Water)
— from Section 04 Utility
RM 0
Production Labour (base salaries)
— production-dept staff from Section 04
RM 0
+ Statutory uplift (EPF + SOCSO + EIS, auto)
RM 0
Machine Cost (for depreciation)
— sum of loan principals from Section 04
RM 0
Useful Life (years) — edit if your accountant uses different schedule
yrs
= Monthly depreciation (cost ÷ (years × 12), auto)
RM 0
TOTAL FACTORY OH / MONTH
RM 0
Allocated per Sheet
RM 0.00
Full Cost / Sheet
RM 0.00
Full GP / Sheet
RM 0.00
Contribution vs Full GP
— pts
How to use: For pricing decisions and channel comparison, use the existing Contribution Margin view. For Sponsor pitch / audit / annual reporting / transfer pricing defense, use this Full GP view.
Channel Mix Controls · Industries Pricing Strategy
Set margin % and volume % per channel. The matrix below shows every tier × channel price. Sdn Bhd channel (channels[0]) flows into Norand Sdn Bhd's Norand Core cost & volume. Figment + Trading revenue stays in Industries P&L (multi-channel).
CHANNEL
MARGIN %
VOLUME %
PRICE / SHEET
VOLUME / MO
REVENUE / MO
GP / MO
Blended Industries Price
RM 0.00
Blended Industries Margin
0.00%
Total Industries Revenue / Month
RM 0
Total Industries GP / Month
RM 0
Live flow: Sdn Bhd channel volume → Norand Sdn Bhd's Norand Core (Section 01) · cost = Sdn Bhd-channel price per tier. Figment + Trading revenue stays in Industries P&L. Whole Industries P&L (multi-channel) → Holdings IPO dashboard.
Pricing Matrix: Each tier × channel cell shows the full pricing breakdown. Cost auto-syncs from Section 01 per-tier Material→Landed→Final. Margin % per channel (editable in panel above or inline here). Price = Cost / (1 − Margin). When Schedule C ON, +10% SST is added before total.
Tier
Cost / Sheet
Margin %
Cash Sell Price
+ 10% SST
Total to Sdn Bhd
GP / Sheet
Blended (volume-weighted)
—
—
—
—
—
—
Product Tier
Industry reality: "Cash term" = pay first week of next month (~30 days from order). "1-Month term" = pay first week of month after (~60 days from order). The 1-month premium covers extra financing + bad debt risk.
Channel
Term
Selling Price
GP / Sheet
GP %
Direct (Member / Factory)
Cash · pickup
RM
—
—
Direct (Member / Factory)
1-Month · 30 days
% surcharge
→
RM —
—
—
Direct (Member / Factory)
2-Month · 60 days
% surcharge
→
RM —
—
—
Wholesaler (Big B)
Cash · pickup
% off
→
RM —
—
—
Wholesaler (Big B)
1-Month · 30 days
% off
→
RM —
—
—
Wholesaler (Big B)
2-Month · 60 days
% off
→
RM —
—
—
True Cost / Sheet
After yield + sensitivity
—
—
—
—
vs 3 Big Competitors (E0/E1)
Commodity grade, melamine surface
List
RM
—
—
vs HVEA (Melamine F4 + JIS)
Premium melamine, German equipment
List
RM
—
—
03
Volume Projection
Forecast monthly sheets sold per channel.
Total Sheets / Month
Tier
% of Total
Sheets / mo
Revenue / mo
Margin / mo
Margin %
Total
—
—
—
—
—
Channel
Sheets / Month
Norand Receives
Margin / Sheet
Margin %
Direct · Cash (pickup)
Pay on pickup, list price
—
—
—
Direct · 1-Month
30-day terms + surcharge
—
—
—
Direct · 2-Month
60-day terms + surcharge
—
—
—
Wholesaler · Cash
Big B cash pickup, biggest discount
—
—
—
Wholesaler · 1-Month
Big B 30-day, smaller discount
—
—
—
Wholesaler · 2-Month
Big B 60-day, smallest discount
—
—
—
Total
—
—
—
—
—
01
Product Lines
5 product lines. Norand Core auto-syncs cost & volume from Industries transfer price.
02
Gross Profit Details
Revenue, COGS, GP per product line — top-of-funnel view, before any operating cost.
Monthly
Revenue
—
Monthly
COGS
—
Monthly
Gross Profit
—
| Product Line | Revenue / mo | COGS / mo | Gross Profit | GP % | % of Rev |
|---|---|---|---|---|---|
03
Team & Compensation Rates
Founder, BA, statutory rates · benefits · OtherStaff (for roles unrelated to capacity-managed Lorry/Warehouse/Admin/BD).
Adjusted Profit Calculation
Founder & Production reward base · transparent breakdown to alert any dispute
RM —
Founder Reward = % × this number · Production Reward = % × this number.
BD/Director commission & override are NOT deducted here — kept opaque to BD team.
Founder Configuration
Founder name, salary, reward tier schedule (volume-blended) & total income projection
Reward % of Adjusted Profit · Volume-Blended Tiers
Each bracket only applies to the volume IN that bracket — same logic as SME tax. No cliff.
| Tier | Revenue / mo (RM range) | Rate % |
|---|
—
FOUNDER INCOME (excl. equity) — —
Salary
—
+ Founder Reward
—
= TOTAL / mo
—
Production Reward Rate
% of Adjusted Profit · split equally among PROD-tagged shareholders · volume-blended tiers
Production Reward % of Adjusted Profit · Volume-Blended Tiers
Total reward = blended % × Adj.Profit, split equally among PROD-tagged shareholders
| Tier | Revenue / mo (RM range) | Rate % |
|---|
—
Production Reward = blended % × Adj.Profit, divided equally. Paid EXTRA on top of equity share. Recipients tagged in Section 07.
Marketing Reward Rate
Performance-tied · split equally among MKTG-tagged shareholders · volume-blended tiers
Marketing Reward % of Base · Volume-Blended Tiers
Total reward = blended % × selected base (Revenue or Adj.Profit)
| Tier | Revenue / mo (RM range) | Rate % |
|---|
—
MKTG Reward = blended % × selected base. Performance-tied (default Revenue). Paid EXTRA on top of equity share.
Branding & Content Mgmt Reward EXPENSE
External agency or staff · volume-blended tiers · deducts from P&L (no shareholder distribution)
BCM Reward % of Base · Volume-Blended Tiers
Total reward = blended % × selected base (Revenue or Adj.Profit)
| Tier | Revenue / mo (RM range) | Rate % |
|---|
—
BCM Reward = blended % × selected base. Counts as expense — deducts from P&L (reduces pre-tax net). NOT distributed to shareholders. Use for external agency or non-shareholder staff.
Business Assistant
Founder's right-hand · Mgmt-tagged · base salary + commission % of Revenue
BUSINESS ASSISTANT INCOME PROJECTION (per BA)
Salary
—
+ Commission
—
= TOTAL / mo
—
BA salary contributes to Mgmt Team Cost (reduces Adj.Profit, like Founder salary). BA Commission is a separate deduction in Pre-tax cascade — does NOT dilute Founder/Prod reward base.
Business Development Team
BDs & BD Director · base salary + performance commission · sales divide equally among all BD heads
Regular BDs
BD Directors (CSO Lead — hired, not shareholder)
Total BD Heads
—
Per-Head Revenue / mo
—
Target / BD
—
Achievement
—
REGULAR BD INCOME PROJECTION (per BD)
Salary
—
+ Commission
—
= TOTAL / mo
—
BD DIRECTOR INCOME PROJECTION (per Director)
Salary
—
+ Commission
—
+ Override
—
= TOTAL / mo
—
BD-Attributed Revenue (basis for commission):
—
Sales Division Logic: All product line revenue divides equally among BD heads (BDs + Directors). Core uses Direct channel only (Trading goes to wholesalers, not BD's customers). Non-Core lines (Accessories, Motion, Luma, Surface, Slide) count 100% since they don't have channel-mix split. Each head's attributed revenue ÷ Target = achievement %, picks tier rate (V51 ladder).
Other Staff
Tag each staff to a department · Mgmt and Support staff cost both reduce Adjusted Profit
| Role / Name | Department | Salary (RM) | Statutory | Total Cost |
|---|
Malaysia Statutory Contribution (Employer)
EPF / SOCSO / EIS / HRDF · applied to all staff salaries
HRDF / HRD Corp applies
Mandatory if 10+ Malaysian employees in covered sectors
Mandatory if 10+ Malaysian employees in covered sectors
Total employer rate: — % on top of base salary
04
Capacity & Manpower Auto-Scaling
Per 5,000 own-wholesale sheets: +1 admin, +1 driver, +1 assistant, +1 warehouse, +1 truck · Per 5,000 trading sheets: +1 warehouse · BD scales with total revenue · feeds Operating Costs.
Master Toggle
When ON: capacity-derived headcount + costs feed into OpEx · BD count, BD salary, Director count + salary in Section 03 are auto-managed (and Lorry Driver / Lorry Assistant / Warehouse Worker / Account Admin entries in OtherStaff are skipped to avoid double-count)
Volume Split (auto from Section 01 Channel Mix)
Trading vs Own-Wholesale derived from Sales Channel Mix · edit in Section 01 → Norand Core → Channel Mix · all values here are read-only mirrors
To change the split: Go to Section 01 Norand Core → "Sales Channel Mix · Direct vs Trading" and adjust the channel sheets. Direct channels (Direct·Cash + Direct·1-Month) sum = Own-WS · Trading channels sum = Trading. BD scaling uses Direct channels revenue (after applying any discount).
Operations Crew
Admin scales separately from Lorry team · all Sdn Bhd sales are Factory direct (Trading handled by Industries)
▸ A1. Admin (paperwork)
▸ A2. Lorry Team (Driver + Assistant + Truck — move together)
▸ Auto-Scaled Headcount
| Role | Volume Driver | Required | Override | Effective | Salary / HC | Total / mo |
|---|
Warehouse Worker
Auto-scales with Factory direct volume
▸ Trigger Rules
▸ Salary (RM/mo)
▸ Auto-Scaled Headcount
| Role | Volume Driver | Required | Override | Effective | Salary / HC | Total / mo |
|---|
Salesforce (BDs & Director)
Director = 1 fixed · BDs auto-scale with own-wholesale revenue · cushion ensures bonus achievability
▸ Trigger Rules
BD trigger logic: With 5% cushion, +1 BD adds only when own-ws revenue exceeds target × 1.05. Each BD comfortably hits 100% target → unlocks quarterly + yearly bonuses. Set 0% for strict trigger.
▸ Salaries (RM/mo)
▸ Auto-Scaled Headcount
| Role | Volume Driver | Required | Override | Effective | Salary / HC | Total / mo |
|---|
Truck Financing & Running
Auto-scales with own-ws block count · loan installment + petrol + maintenance · NOT subject to statutory
▸ Per Truck Cost Inputs
▸ Truck Cost Summary
Auto-skip note: When this section is ON, any loan named "Truck" in Section 06 Bank Loans is auto-skipped (avoids double-count).
Cost Impact Summary → flows into OpEx
All capacity-derived costs that affect P&L
05
BD Commission
Tiered commission structure for BD team · live reward calculation preview.
BD Commission Tier 3-TIER LADDER
Booked sales achievement → locks rate at sale month · % of each BD's own attributed Revenue
tier 1 fixed @ 0%
tier 2/3 editable below
3-Tier Rates · achievement of THIS MONTH's booked sales determines rate
Tier 1 · Below
—%
≥ 0% · %
Tier 2 · Approach
—%
% → %
Tier 3 · Hit Target
—%
% → %
How it works: Each BD's own attributed monthly revenue ÷ Target = achievement %. Achievement matches the highest tier threshold met → that tier's rate applies to the full attributed revenue.
Currently effective: —% · achievement —% · per-BD revenue —
Note: Calculator uses booked-sales (Section 03 revenue) — rate is locked at the sale month. In real ops, claims paid on collection but rate doesn't change retroactively.
Currently effective: —% · achievement —% · per-BD revenue —
Note: Calculator uses booked-sales (Section 03 revenue) — rate is locked at the sale month. In real ops, claims paid on collection but rate doesn't change retroactively.
Live Reward Calculation
Based on current Adjusted Profit / Revenue / GP
Founder Reward
—
Prod Reward (Total)
—
BD Commission (Sum)
—
Director Override
—
MKTG Reward (Total)
—
BCM Reward (Total)
—
Adjusted Profit
—
06
Operating Costs
Rent · loans · OpEx · professional services · benefits · all reduce Adjusted Profit base.
Rent
Warehouse + office monthly rent
Bank Loans
Each loan: name, monthly installment, tenure, interest rate · principal & total interest auto-derived
| Loan Name | Installment / mo | Tenure (mo) | Rate % | Principal | Total Interest | |
|---|---|---|---|---|---|---|
Other Operating Costs
Insurance, marketing, IT, professional fees, etc.
| Cost Item | Monthly Amount (RM) |
|---|
Retainer Professional Service
Branding, marketing, consulting professional services — flat retainer + override % × revenue
| On | Service Name | Retainer / mo | Override % | Total Cost / mo |
|---|
Staff Benefits
Petrol allowance & year-end bonus · tick which roles are entitled
⛽ Petrol Allowance
Per-staff monthly RM × entitled headcount
Per-staff monthly RM × entitled headcount
Entitled roles:
🎁 Year-End Bonus
X months × entitled-staff salaries · accrued monthly
X months × entitled-staff salaries · accrued monthly
Entitled roles:
Apply Malaysia SME Tax (15% first RM 150K · 17% RM 150K-600K · 24% above)
07
P&L Summary & Annual Projection
Full cascade · GP → Adj.Profit → Pre-tax → Tax → Net · monthly & annual.
Monthly
Adjusted Profit
—
Monthly
Pre-tax Net
—
Monthly
Net Profit
—
Annual
Annual Net Profit
—
P&L Cascade
Step-by-step breakdown · each line shows its impact on Net Profit
Annual Projection (paired with monthly equivalents — for shareholder distribution tally)
Annualized · Malaysia SME tax bracket applied (15% first RM 150K · 17% RM 150K-600K · 24% above)
| Item | Annual | Monthly Equivalent (÷ 12) | % of Revenue |
|---|
SME · effective —%
04
Operation Cost
Manpower, fixed costs, loans & statutory — Industries' OpEx layer below COGS. Drives Net Profit calculation.
Team & Manpower
Factory & operations team · statutory auto-calculated from rates below
Role
Department
Count
Salary (RM)
Statutory
Total Cost
Monthly Manpower Total: RM —
Bank Loans
Each loan: name, monthly installment, tenure, interest rate (principal & total interest auto-derived)
Loan Name
Installment / mo
Tenure (mo)
Rate %
Principal
Total Interest
Total Monthly Repayment
RM —
Total Outstanding Principal
RM —
Total Interest (over life)
RM —
Rental
Factory + Warehouse + Office (combined)
Factory + Warehouse + Office
RM
Total Rental: RM —
Utility
Electricity, water, internet, phone
Electricity
RM
Water
RM
Internet
RM
Phone
RM
Total Utility: RM —
Capacity-Driven Scaling V53
Warehouse rent + Electricity + Water multiply by block count when production scales. Factory rent, Office, Internet, Phone stay fixed.
Enable Scaling
Sheets per block
sheets
— calculating —
Statutory Contribution Rates (Employer)
Per Malaysia Labour Act — applied to staff salaries
EPF
%
SOCSO
%
EIS
%
Other Operating Costs
Insurance, marketing, IT, professional fees, etc.
Cost Item
Monthly Amount (RM)
Total Other Costs: RM —
Corporate Tax Provision
Auto-calculated using Malaysia tax brackets
Auto-calculate tax (recommended)
SME status (paid-up capital ≤ RM2.5M, gross income ≤ RM50M)
SME Tax Brackets (Annual Chargeable Income)
From (RM)
Up to (RM)
Rate %
Malaysia SME tax (2024/2025): 15% on first RM150K, 17% on RM150K–600K, 24% above RM600K. Non-SME: 24% flat. Brackets apply to annual chargeable income — calculator annualizes monthly profit and computes proportional tax.
Total Monthly OpEx
RM —
Net Profit / Month (after OpEx, before tax)
RM —
05
P&L Summary & Annual Projection
Full cascade · Revenue → COGS → GP → OpEx → Tax → Net · monthly & annual.
Scenario: After Loans Fully Settled
Monthly
Revenue
—
Monthly
Gross Profit
—
Monthly
Net Before Tax
—
Monthly
Net After Tax
—
P&L Cascade
Revenue → COGS → GP → OpEx items → Tax → Net Profit
Annual Projection (paired with monthly equivalents — for shareholder distribution tally)
Annualized · Malaysia tax bracket applied
| Item | Annual | Monthly Equivalent | % of Revenue |
|---|
Corporate Tax · effective —%
01
Group Overview
Nicsmand Holdings — Norand Industries Sdn Bhd + Norand Sdn Bhd · select reporting view below
Group Revenue
—
Group Net Profit
—
Group Net Margin
—
Annualized Net
—
02
Consolidated P&L
Group P&L cascade · Toggle Monthly / Annual in header
Total Revenue—
Total COGS—
Gross Profit—
Total Operating Costs + Reward Outflows—
Net Before Tax—
Tax (SME · both entities)—
Net After Tax—
Naive view: Industries' transfer-price revenue to Sdn Bhd is counted in both entities (intercompany double-count). Switch to the MFRS 10 Consolidated view above for the prospectus-ready presentation.
03
Per-Entity Performance
Side-by-side comparison · Each entity's contribution to group
| Entity | Revenue | GP | GP % | Net Profit | Net % | % of Group Rev |
|---|---|---|---|---|---|---|
04
IPO Readiness Indicators
Sponsor / underwriter benchmarks (not formal Bursa listing rules) · Concentration & governance flags
Note: Bursa Malaysia ACE Market has no minimum GP% or net margin rule. The figures below are typical sponsor/underwriter benchmarks for industrial-trading SMEs — adjust to your sponsor's actual underwriting view. Customer concentration and governance disclosures matter more to most sponsors than margin levels.
Overall IPO Readiness
—/ 100
—
▸ Next Action
Set your target market & submission year above to begin tracking.
Margin
GP Margin
—
Sponsor benchmark: %
—
Margin
Net Margin
—
Sponsor benchmark: %
—
Track Record
Annualized Net Profit
—
ACE: 2+ years continuous operation (no profit minimum). MAIN: aggregate after-tax ≥RM 20M over 3-5 yr.
—
Disclosure
Related-Party Transactions
⚠ Material
Industries → Sdn Bhd intercompany sale (transfer pricing scrutiny under LHDN)
Arm's-length pricing benchmark required in prospectus · independent valuation needed before listing
Risk
External Customer Concentration
—
Top external customer share: % (sponsor concern ≥30%)
—
Cash
Monthly Cash Generation
—
Net profit · cash flow proxy (D&A addback not yet modeled)
—
▸ Group Structure
Norand Holdings Berhad Incorporated
—
Register the listing vehicle (public company limited by shares).
Group Restructuring Exercise
—
Industries + Sdn Bhd 100% share-swap into Berhad. Eliminates RPT at consolidation.
▸ Board & Committees
Independent Directors
—
onboarded · target ≥ 1/3 of board (min 2)
Bursa ACE requires ≥ 1/3 independent NEDs. Build network 6–12 months ahead.
Audit Committee
—
3 members · all non-exec · majority independent · 1 must be accounting-qualified.
Nomination & Remuneration Committee
—
Reviews board composition + senior management compensation. Mandatory for listing.
Risk Management Committee
—
Enterprise risk identification + mitigation framework. Strongly recommended.
Internal Audit Function
—
In-house IA team or outsourced to advisory firm (BDO IA, etc.).
▸ Audit & Disclosure
Audit Firm Engaged
—
Tier-2 minimum (BDO / Crowe / Grant Thornton / Baker Tilly / Mazars).
Audited Consolidated FY Complete
—
years
ACE needs 2 · MAIN needs 3–5 consolidated audited financial years.
Transfer Pricing Valuation
—
Arm's-length report for Industries → Sdn Bhd pricing. LHDN scrutiny + auditor sign-off.
▸ Operations & Equity
ESOS Structured
—
Formalize team reward as options. Separates shareholder dividend from employee compensation.
Top Customer List Captured
—
Top 5 / Top 10 concentration data. Prospectus disclosure requirement.
Sponsor Engaged
—
CIMB / Maybank / RHB / Affin / TA / Kenanga. Lead advisor for submission.
Sdn Bhd Channel Diversity
—
—
channels active (auto-derived) · target ≥ 2
Currently only Factory direct. Add Designer / Project / Export to reduce single-channel risk.