Advance Synergy Bhd

Advance Synergy Bhd's capital structure is characterized by a debt-to-equity ratio of 0.25, indicating a relatively conservative leverage position. The company's liquidity is reflected in a current ratio of 2.93, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's free cash flow is negative at -24.45 million MYR, and its operating cash flow is 22.39 million MYR, indicating that while it generates positive cash from operations, it is not sufficient to cover capital expenditures [doc:HA-latest]. Profitability metrics show a return on equity of -4.67% and a return on assets of -2.97%, both of which are negative and below the typical performance of companies in the Leisure & Recreation industry. The company reported a net loss of 16.01 million MYR and an operating loss of 18.51 million MYR, which is a concern for investors looking for consistent earnings [doc:HA-latest]. The company's revenue is spread across multiple segments, with the property development and investment segment, information and communications technology segment, travel and tours segment, and financial services segment being the primary contributors. However, the company's revenue concentration is not disclosed, and the "others" segment includes businesses such as coach design and bus maintenance, which may not be as significant in terms of revenue contribution [doc:HA-latest]. The company's growth trajectory is uncertain, as it reported a revenue of 280.93 million MYR in the latest period. While the company has a presence in several high-growth potential sectors, the negative net income and operating income suggest that it is not currently capitalizing on these opportunities effectively. The company's future performance will depend on its ability to improve profitability and manage its capital expenditures [doc:HA-latest]. The company faces several risk factors, including a negative net cash position after subtracting total debt, which could impact its ability to fund operations and growth initiatives. The risk assessment indicates a medium liquidity risk and a low dilution risk, suggesting that while the company has sufficient liquidity to meet its short-term obligations, it may need to raise additional capital in the future. The company's ESG controversies score is 100.0, indicating a high level of controversy in its ESG practices [doc:HA-latest]. Recent events and disclosures include a negative earnings per share (EPS) of -0.01 MYR and a revenue of 210.99 million MYR, which is lower than the reported revenue of 280.93 million MYR. These figures suggest that the company's performance may be volatile and subject to fluctuations in its various business segments. The company's ESG governance and social pillar scores are 55.8 and 48.4, respectively, indicating room for improvement in its ESG practices [doc:HA-latest].