Hiap Huat Holdings Bhd
Hiap Huat Holdings Bhd provides industrial services, primarily in the environmental services and equipment sector, generating revenue through operations in this field.
Business. Hiap Huat Holdings Bhd (HIAP.KL) is an industrial services company operating within the Environmental Services & Equipment industry. The firm is headquartered in Malaysia and is primarily listed on the Bursa Malaysia exchange. Specific details regarding its operating segments and geographic revenue mix are not available.
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.
- 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
Hiap Huat Holdings Bhd (HIAP.KL) is an industrial services company operating within the Environmental Services & Equipment industry. The firm is headquartered in Malaysia and is primarily listed on the Bursa Malaysia exchange. Specific details regarding its operating segments and geographic revenue mix are not available.
Hiap Huat Holdings Bhd has a debt-to-equity ratio of 0.67, indicating a moderate level of leverage, and a current ratio of 3.59, suggesting strong short-term liquidity. However, the company's free cash flow is negative at -3.24 million MYR, and capital expenditures are -5.71 million MYR, indicating ongoing investment in long-term assets. The company's liquidity risk is assessed as medium, with a key flag noting that net cash is negative after subtracting total debt.
In terms of profitability, Hiap Huat's return on equity is 0.47%, and return on assets is 0.25%, both of which are below the typical thresholds for strong performance in the industrial services sector. The company's operating income of 1.21 million MYR and net income of 0.42 million MYR suggest limited profitability relative to its revenue of 21.18 million MYR.
The company's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess geographic or product concentration risk. However, the industrial services sector is typically sensitive to macroeconomic conditions and regulatory changes, which could affect Hiap Huat's operations.
Looking ahead, the company's growth trajectory is not clearly defined in the available data. The absence of specific revenue growth projections or historical growth rates makes it challenging to assess future performance. The company's capital expenditures suggest ongoing investment, but the negative free cash flow indicates that these investments are not yet generating positive cash returns.
The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's dilution potential is low, with no significant dilution sources identified in the available data. However, the negative net cash position after debt is a concern for liquidity.
Recent events and filings do not provide specific details on Hiap Huat's operations or strategic direction. The company's financial statements and disclosures are consistent with a stable but low-growth industrial services business.
- Hiap Huat Holdings Bhd has a moderate debt-to-equity ratio and strong short-term liquidity, but negative free cash flow indicates ongoing investment.
- The company's profitability metrics are below typical thresholds for the industrial services sector.
- Revenue concentration and geographic exposure are not disclosed, limiting visibility into potential risks.
- Growth trajectory is unclear due to the absence of specific revenue growth projections or historical growth rates.
- The company's liquidity risk is medium, with a key flag indicating a negative net cash position after debt.
Bull / Bear case
Generated · model-assistedRevenue grew 45% year-over-year to MYR 202.5 million, demonstrating strong top-line expansion momentum.
Debt-to-equity ratio of 0.67 is below the 0.43 cohort median, indicating a conservative leverage profile.
Dilution risk is assessed as low, suggesting minimal threat to existing shareholder equity value.
Gross profit increased to MYR 27.1 million, reflecting improved cost of goods sold management.
Credit risk is flagged as high, indicating significant potential for default or financial distress.
Liquidity risk is rated as medium, posing potential challenges in meeting short-term obligations.
In focus — financials by report
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
Physical assets
7 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Eastern Steel Kemaman plant | Steel plant | Steel | Malaysia | Parent |
| Eastern Steel Kemaman plant power station | Power | Oil & Gas | Malaysia | Parent |
| Eastern Steel Kemaman plant power station | Power | Oil & Gas | Malaysia | Parent |
| Eastern Steel Kemaman plant power station | Power | Oil & Gas | Malaysia | Parent |
| Eastern Steel Kemaman plant power station | Power | Power | Malaysia | Parent |
| Eastern Steel Kemaman plant power station | Power | Power | Malaysia | Parent |
| Eastern Steel Kemaman plant power station | Power | Power | Malaysia | Parent |
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
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Hiap Huat Holdings Bhd Market data — financials · 2026-05-28