Scicom (MSC) Bhd

Scicom (MSC) Bhd maintains a relatively strong liquidity position, with a current ratio of 4.37, indicating the company can cover its short-term liabilities more than four times over. However, the company's free cash flow of 2,103,000 MYR is significantly lower than its operating cash flow of 31,139,000 MYR, suggesting capital expenditures are consuming a large portion of operating cash. The debt-to-equity ratio of 0.22 indicates a conservative capital structure, with long-term debt accounting for only 22% of total equity.

In terms of profitability, Scicom (MSC) Bhd reports a return on equity (ROE) of 5.12% and a return on assets (ROA) of 3.78%. These figures suggest the company is generating modest returns relative to its equity and asset base. The operating margin, calculated as operating income of 7,302,000 MYR divided by revenue of 54,286,000 MYR, is approximately 13.45%. This margin is in line with industry norms for business support services, but the net margin of 11.06% (6,006,000 MYR / 54,286,000 MYR) indicates some pressure from operating expenses.

The company's revenue is concentrated in a single business segment, as disclosed in its financial statements. There is no geographic diversification provided in the available data, suggesting the company's operations are primarily localized. This lack of diversification could expose the company to regional economic fluctuations or regulatory changes.

Scicom (MSC) Bhd's growth trajectory is not explicitly outlined in the available data, but the company's capital expenditures of 1,998,000 MYR suggest ongoing investment in infrastructure or expansion. The company's operating income and net income have remained relatively stable, with no significant year-over-year changes reported in the latest financial snapshot. This stability may indicate a mature business with limited high-growth opportunities.

The risk assessment for Scicom (MSC) Bhd highlights a medium liquidity risk, primarily due to the company's negative net cash position after accounting for total debt. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. The company's conservative debt levels and strong current ratio mitigate some of the liquidity concerns, but the negative net cash position remains a red flag.

Recent events and filings for Scicom (MSC) Bhd are not detailed in the available data, but the company's financial statements and risk assessment suggest a stable yet cautious financial strategy. The absence of recent significant events or regulatory actions implies a relatively low-profile company with minimal public scrutiny.

Revenue MYR 224.0M, −8,7% YoY; Operating income −22,2% YoY.

• ▍Revenue MYR 224.0M, −8,7% YoY
• ▍Operating income −22,2% YoY
• ▍Net income −24,7% YoY
• ▍Free cash flow −20,0% YoY
• ▍Net margin 10.9%

Revenue MYR 245.3M, −7,4% YoY; Operating income −2,4% YoY.

• ▍Revenue MYR 245.3M, −7,4% YoY
• ▍Operating income −2,4% YoY
• ▍Net income +2,8% YoY
• ▍Free cash flow −16,9% YoY
• ▍Net margin 13.2%

Revenue MYR 265.1M, +22,6% YoY; Operating income +27,3% YoY.

• ▍Revenue MYR 265.1M, +22,6% YoY
• ▍Operating income +27,3% YoY
• ▍Net income +21,8% YoY
• ▍Free cash flow +218,3% YoY
• ▍Net margin 11.9%

Revenue MYR 216.2M; Operating income MYR 34.5M.

• ▍Revenue MYR 216.2M
• ▍Operating income MYR 34.5M
• ▍Net margin 11.9%