MAA Group Bhd
MAA Group Bhd has a liquidity position that is currently under pressure, as reflected in its negative free cash flow of MYR -22.4 million and operating cash flow of MYR -36.7 million. The company's cash and equivalents of MYR 25.8 million are insufficient to cover its long-term debt of MYR 125.2 million, resulting in a negative net cash position. This liquidity constraint is compounded by a debt-to-equity ratio of 0.32, which is relatively low but still indicates a moderate reliance on debt financing. Profitability metrics for MAA Group Bhd are negative, with a return on equity (ROE) of -6.04% and a return on assets (ROA) of -3.05%. These figures are below the industry median for property and casualty insurers, which typically maintain positive ROE and ROA due to the capital-intensive nature of the insurance business. The company's operating and net losses of MYR -16.1 million and MYR -23.4 million, respectively, further underscore its current unprofitability. The company's revenue concentration is not disclosed in the available data, but the absence of segment or geographic breakdowns suggests a lack of diversification in its operations. This could pose a risk if the company is
Business. MAA Group Bhd (MAAS.KL) is an insurance company headquartered in Malaysia and listed on Bursa Malaysia. The firm operates within the Financials sector, specifically focusing on insurance activities. As detailed segment and geographic data are unavailable, the company is described at the industry level. It generates revenue primarily through insurance premiums.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsFY 2026 earnings (expected)2026-08-09 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
MAA Group Bhd (MAAS.KL) is an insurance company headquartered in Malaysia and listed on Bursa Malaysia. The firm operates within the Financials sector, specifically focusing on insurance activities. As detailed segment and geographic data are unavailable, the company is described at the industry level. It generates revenue primarily through insurance premiums.
MAA Group Bhd has a liquidity position that is currently under pressure, as reflected in its negative free cash flow of MYR -22.4 million and operating cash flow of MYR -36.7 million. The company's cash and equivalents of MYR 25.8 million are insufficient to cover its long-term debt of MYR 125.2 million, resulting in a negative net cash position. This liquidity constraint is compounded by a debt-to-equity ratio of 0.32, which is relatively low but still indicates a moderate reliance on debt financing.
Profitability metrics for MAA Group Bhd are negative, with a return on equity (ROE) of -6.04% and a return on assets (ROA) of -3.05%. These figures are below the industry median for property and casualty insurers, which typically maintain positive ROE and ROA due to the capital-intensive nature of the insurance business. The company's operating and net losses of MYR -16.1 million and MYR -23.4 million, respectively, further underscore its current unprofitability.
The company's revenue concentration is not disclosed in the available data, but the absence of segment or geographic breakdowns suggests a lack of diversification in its operations. This could pose a risk if the company is overly reliant on a single market or product line. The insurance industry is also subject to regulatory and economic volatility, which could impact its performance.
Looking ahead, MAA Group Bhd is expected to face continued financial challenges. The company's operating income and net income are both negative, and there is no indication of a near-term turnaround in the outlook. The absence of positive growth signals in the financial data suggests that the company may struggle to achieve profitability in the current fiscal year or the next.
Risk factors for MAA Group Bhd include its liquidity constraints and the potential for further dilution if the company needs to raise additional capital. The risk assessment indicates a low probability of dilution in the near term, but the company's negative cash flow and debt position could necessitate equity issuance in the future. The risk of dilution is currently low, but the company's financial position remains fragile.
Recent events and filings do not provide any new insights into the company's financial strategy or operational changes. The absence of recent transcripts or filings suggests that the company has not disclosed any material developments that could impact its financial position. Investors should monitor the company's cash flow and debt management strategies for any signs of improvement or deterioration.
- MAA Group Bhd is currently unprofitable with negative operating and net income.
- The company's liquidity position is weak, with negative free cash flow and insufficient cash to cover long-term debt.
- Return on equity and return on assets are below industry norms, indicating poor capital efficiency.
- The company's financial outlook is uncertain, with no clear signs of improvement in the near term.
- The risk of dilution is low, but the company's financial position remains fragile.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Operating income +74,0% YoY; Net income +100,6% YoY.
- ▍Operating income +74,0% YoY
- ▍Net income +100,6% YoY
Operating income -MYR 76.6M.
- ▍Operating income -MYR 76.6M
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- MAA Group Bhd Market data — financials · 2026-05-28
Ownership & reference
Leadership
- Ya'acob Bin Tunku Tan Sri AbdullahExecutive Chairman of the Board
Insider activity
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Operating income (YoY) (2025-06-30 vs 2024-06-30): -52.2%Derived (calculated)
- Net margin (FY 2025-06-30): -25.1%Derived (calculated)
- Capex (YoY) (2025-06-30 vs 2024-06-30): 30.5%Derived (calculated)
- Operating cash flow (YoY) (2025-06-30 vs 2024-06-30): 25.6%Derived (calculated)
- Revenue (YoY) (2025-06-30 vs 2024-06-30): -33.1%Derived (calculated)
- EPS (basic) (YoY) (2025-06-30 vs 2024-06-30): -2,025.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-06-30 vs 2024-06-30): -1,974.7%Derived (calculated)
- Net income (YoY) (2025-06-30 vs 2024-06-30): 31.4%Derived (calculated)
- EPS (basic) (annual): USD-PER-SHARES -4SEC XBRL filing
- Net income (annual): USD -27.36MSEC XBRL filing
- Capex (annual): USD 774KSEC XBRL filing
- Revenue (annual): USD 109.05MSEC XBRL filing
- Operating income (annual): USD -96.51MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -4SEC XBRL filing
- Operating cash flow (annual): USD 9.98MSEC XBRL filing
- Net income (YoY) (2024-06-30 vs 2023-06-30): -563.2%Derived (calculated)
- Operating income (YoY) (2024-06-30 vs 2023-06-30): -681.9%Derived (calculated)
- Revenue (YoY) (2024-06-30 vs 2023-06-30): 933.5%Derived (calculated)
- Operating cash flow (YoY) (2024-06-30 vs 2023-06-30): 131.3%Derived (calculated)
- Capex (YoY) (2024-06-30 vs 2023-06-30): 390.1%Derived (calculated)
- Net margin (FY 2024-06-30): -24.4%Derived (calculated)
- EPS (basic) (YoY) (2024-06-30 vs 2023-06-30): -159.1%Derived (calculated)
- EPS (diluted) (YoY) (2024-06-30 vs 2023-06-30): -163.6%Derived (calculated)
- Operating cash flow (annual): USD 7.95MSEC XBRL filing