Econframe Bhd
Econframe Bhd has a liquidity position that is characterized by a current ratio of 2.61, indicating a relatively strong ability to meet short-term obligations with its current assets. However, the company's free cash flow is negative at -6050040.0 MYR, and capital expenditure is -7928690.0 MYR, suggesting that the company is investing in its operations but is not generating positive cash from operations to support these investments [doc:HA-latest]. In terms of profitability, Econframe Bhd has a return on equity of 2.38% and a return on assets of 1.41%, which are below the industry median for the Construction Supplies & Fixtures industry. The company's operating income is 9651940.0 MYR, and its net income is 2775300.0 MYR, indicating that the company is profitable but not at a level that would be considered strong within its industry [doc:HA-latest]. The company's revenue is distributed across three segments: Manufacturing, Trading, and Investment holding. The company's revenue concentration is not disclosed, but the presence of three distinct segments suggests a diversified revenue base. The company's operations are primarily focused in Malaysia, and there is no information provided on the geographic distribution of its revenue [doc:HA-latest]. Econframe Bhd's growth trajectory is not clearly defined in the provided data. The company's revenue for the latest period is 110896970.0 MYR, but there is no historical data provided to assess the company's growth over time. The company's capital expenditure is negative, indicating that it is investing in its operations, but the impact of these investments on future revenue growth is not quantified [doc:HA-latest]. The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of net cash being negative after subtracting total debt suggests that the company's cash and equivalents are not sufficient to cover its long-term debt. The company's dilution risk is low, indicating that there is a low probability of share dilution in the near term [doc:HA-latest]. There are no recent events or filings provided in the data to assess the company's recent performance or strategic direction. The company's ESG controversies score is 100.0, indicating a high level of ESG controversies, while its governance pillar score is 77.1 and its social pillar score is 26.4 [doc:HA-latest].
Business. Econframe Bhd is a Malaysia-based investment holding company that provides total door system solutions, including manufacturing and sales of doors, door and window frames, and ironmongery, as well as trading and installation services for solar energy products and systems [doc:HA-latest].
Classification. Econframe Bhd is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Construction Supplies & Fixtures industry, with a classification confidence of 0.92 [doc:verified market data].
- Econframe Bhd has a current ratio of 2.61, indicating a strong ability to meet short-term obligations.
- The company's return on equity and return on assets are below the industry median, suggesting that it is not as profitable as its peers.
- The company's free cash flow is negative, and its capital expenditure is also negative, indicating that it is investing in its operations but not generating positive cash from operations.
- The company's liquidity risk is medium, and its dilution risk is low.
- The company's ESG controversies score is high, indicating a high level of ESG controversies.
- # RATIONALES
- margin_outlook_rationale: The company's margin outlook is uncertain due to the lack of historical data to assess trends in gross profit and operating income.
- rd_outlook_rationale: There is no information provided on the company's research and development activities or their impact on future growth.
- Net cash is negative after subtracting total debt.