Bina Darulaman Bhd

Bina Darulaman Bhd's capital structure shows a debt-to-equity ratio of 0.26, indicating a relatively conservative leverage position. However, the company's liquidity is constrained, with a current ratio of 0.96, suggesting that its current liabilities exceed its current assets. The company's cash and equivalents amount to MYR 71.4 million, but this is offset by long-term debt of MYR 121.6 million, resulting in a net cash position that is negative. Profitability metrics for Bina Darulaman Bhd are weak, with a return on equity of -3.58% and a return on assets of -2.09%. These figures are below the industry median for Construction & Engineering firms, which typically report positive returns. The company's operating income is negative at MYR -8.98 million, and net income is also negative at MYR -16.8 million, indicating a lack of operational profitability. The company's revenue is distributed across four segments: property development, engineering and construction, leisure, and investment holding. The property development segment is the primary revenue driver, but the company's financials do not provide a breakdown of segmental revenue contributions. Geographically, the company is concentrated in Malaysia, with no disclosed international operations. This concentration increases exposure to local economic and regulatory risks. Bina Darulaman Bhd's growth trajectory is uncertain, with no disclosed revenue growth in the most recent fiscal year. The company's capital expenditure of MYR -8.63 million suggests a reduction in investment in new projects or infrastructure. Analysts have reported a last actual revenue of MYR 260.6 million, which is lower than the company's reported revenue of MYR 330.7 million, indicating potential discrepancies or seasonal variations. The company faces several risk factors, including liquidity constraints and a negative net cash position. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's ESG controversies score is 100.0, which is the highest possible score and indicates significant controversies. The governance and social pillars of the ESG score are also below average, at 51.7 and 41.5, respectively. Recent events include the company's reported financial performance, which shows a decline in profitability and a negative net income. The company has not disclosed any recent filings or transcripts that would provide additional insight into its strategic direction or operational challenges.