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Mi

Mira

CFO Co-pilot

Conversation

Cites Enterprise Brain
If MYR weakens 4% next month, what happens to Q2 margin?
Mi

Mira

Situation

A 4% MYR depreciation lifts Penang COGS by ~$680k unhedged. With current 40% hedge ratio, net Q2 GM impact is −90 bps.

Impact

  • 1.
    Hearing-aid family — −110 bps GM, most exposed (MYR labor + utilities)
  • 2.
    Medical sensors — −70 bps, partially offset by USD-denominated Sonova contract
  • 3.
    Industrial controllers — −30 bps, mostly THB cost base

Recommended actions

Lift MYR hedge ratio 40% → 70%

~$14k forward premium, removes ~$400k downside.

Stage a 1.5% list-price update for non-contract SKUs

Routes via Sales for approval.

SourcesTreasury: FX positionsNetSuite: GM by familyBloomberg MYR forward
Replies cite SAP, MES, Salesforce + web sources