Marco Holdings Bhd

Marco Holdings Bhd maintains a strong liquidity position with a current ratio of 9.28, indicating a high ability to meet short-term obligations. The company's liquidity_fpt shows a net cash position of MYR 178.97 million, which is partially offset by long-term debt of MYR 5.63 million, resulting in a net cash position of MYR 173.34 million. This liquidity profile is supported by operating cash flow of MYR 17.90 million and free cash flow of MYR 13.90 million [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 5.27% and a return on assets (ROA) of 4.81%, which are below the industry_config median for the Distributors industry. The company's gross profit margin is 30.37% (MYR 53.60 million on MYR 176.47 million revenue), and operating margin is 7.52% (MYR 13.26 million on MYR 176.47 million revenue). These figures suggest that Marco Holdings Bhd is underperforming relative to its peers in terms of profitability [doc:HA-latest]. The company's revenue is concentrated in two segments: Distribution of electronic calculators, timepieces, and musical keyboards, and Others. The primary segment accounts for the majority of revenue, with the Others segment contributing a smaller portion. Geographically, the company's operations are primarily focused in Malaysia, with no significant international revenue disclosed in the financial snapshot [doc:HA-latest]. Growth trajectory is modest, with the company's revenue in the latest period at MYR 176.47 million. Analyst estimates for the most recent actual revenue were MYR 93.84 million, suggesting a significant increase in revenue compared to prior periods. However, the outlook for the next fiscal year is not explicitly provided, and the company's capital expenditure of MYR -2.51 million indicates a reduction in investment in physical assets [doc:HA-latest]. Risk factors include a medium liquidity risk, as the company's net cash is negative after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. The company's debt-to-equity ratio of 0.03 is well below the industry median, indicating a conservative capital structure [doc:HA-latest]. Recent events include the latest actual EPS of MYR 0.01 and revenue of MYR 93.84 million, as reported in the IR observations. These figures suggest a strong performance in the most recent period, but no recent filings or transcripts are provided to detail the drivers of this performance [doc:, doc:].