Concrete Engineering Products Bhd

Concrete Engineering Products Bhd has a debt-to-equity ratio of 0.26, indicating a relatively conservative capital structure. However, the company's liquidity position is rated as medium, with a current ratio of 0.71, suggesting potential short-term liquidity constraints. The company's negative operating cash flow of -5.7 million MYR and free cash flow of -3.8 million MYR further highlight its cash flow challenges.

Profitability metrics are concerning, with a return on equity of -6.74% and a return on assets of -3.08%, both significantly below industry norms. The company reported a net loss of 3.9 million MYR and an operating loss of 4.0 million MYR, indicating operational inefficiencies or declining demand.

The company's revenue is concentrated in Malaysia, with no disclosed international operations. This geographic concentration increases exposure to local economic and regulatory risks. The company's revenue of 165.9 million MYR is derived from a single business segment, which may limit diversification benefits.

Looking ahead, the company's growth trajectory is uncertain. The most recent actual revenue of 240.2 million MYR suggests a potential decline from the 165.9 million MYR reported in the latest financial snapshot. The negative operating and net income figures indicate a need for operational restructuring or cost optimization.

The company's risk profile includes medium liquidity risk and low dilution risk. The negative net cash position after subtracting total debt is a key flag. The company has not disclosed any recent dilutive events, and the low dilution risk suggests that equity dilution is not an immediate concern.

Recent events include the disclosure of a net loss and negative cash flows in the latest financial report. No recent filings or transcripts have been provided that indicate significant strategic changes or new initiatives. The company's performance in the current fiscal year is a cause for concern, and the outlook for the next fiscal year remains uncertain.

Free cash flow surged 905.4% year-over-year to MYR 21.1 million in fiscal 2009, demonstrating strong cash generation capability.

Operating income jumped 592.5% to MYR 20.2 million in fiscal 2009, indicating a significant turnaround in core operational profitability.

Cash conversion ratio of 1.47 ranks above the median of 1.2 for the Construction Materials cohort, highlighting efficient cash management.

Long-term debt decreased significantly from MYR 12.9 million in 2008 to MYR 6.8 million in 2009, reducing financial leverage.

Debt-to-equity ratio of 0.26 is slightly below the cohort median of 0.25, suggesting a relatively conservative capital structure.

The company faces medium liquidity risk, which could constrain its ability to meet short-term financial obligations effectively.

Revenue MYR 27.7M, +60,4% YoY; Operating income +5 979,5% YoY.

• ▍Revenue MYR 27.7M, +60,4% YoY
• ▍Operating income +5 979,5% YoY
• ▍Net income +2 233,3% YoY
• ▍Free cash flow +347,7% YoY
• ▍Net margin 87.4%

Revenue MYR 9.2M, −44,6% YoY; Operating income +256,2% YoY.

• ▍Revenue MYR 9.2M, −44,6% YoY
• ▍Operating income +256,2% YoY
• ▍Net income +198,1% YoY
• ▍Free cash flow +211,8% YoY
• ▍Net margin 41.5%

Revenue MYR 10.5M; Operating income -MYR 2.8M.

• ▍Revenue MYR 10.5M
• ▍Operating income -MYR 2.8M
• ▍Net margin -24.5%

Revenue MYR 12.0M; Operating income -MYR 2.7M.

• ▍Revenue MYR 12.0M
• ▍Operating income -MYR 2.7M
• ▍Net margin -49.9%

Revenue MYR 17.3M; Operating income -MYR 329.5k.

• ▍Revenue MYR 17.3M
• ▍Operating income -MYR 329.5k
• ▍Net margin 6.0%

Revenue MYR 16.6M; Operating income -MYR 4.0M.

• ▍Revenue MYR 16.6M
• ▍Operating income -MYR 4.0M
• ▍Net margin -23.4%

Revenue MYR 59.4M, −42,9% YoY; Operating income +592,5% YoY.

• ▍Revenue MYR 59.4M, −42,9% YoY
• ▍Operating income +592,5% YoY
• ▍Net income +522,1% YoY
• ▍Free cash flow +905,4% YoY
• ▍Net margin 32.8%

Revenue MYR 104.0M, −21,6% YoY; Operating income −296,0% YoY.

• ▍Revenue MYR 104.0M, −21,6% YoY
• ▍Operating income −296,0% YoY
• ▍Net income −528,2% YoY
• ▍Free cash flow −198,5% YoY
• ▍Net margin -4.4%

Revenue MYR 132.7M, −10,5% YoY; Operating income +26,2% YoY.

• ▍Revenue MYR 132.7M, −10,5% YoY
• ▍Operating income +26,2% YoY
• ▍Net income +404,9% YoY
• ▍Free cash flow +290,9% YoY
• ▍Net margin 0.8%

Revenue MYR 148.3M, +75,5% YoY; Operating income +111,0% YoY.

• ▍Revenue MYR 148.3M, +75,5% YoY
• ▍Operating income +111,0% YoY
• ▍Net income +101,3% YoY
• ▍Free cash flow +90,1% YoY
• ▍Net margin 0.1%

Revenue MYR 84.5M; Operating income -MYR 15.1M.

• ▍Revenue MYR 84.5M
• ▍Operating income -MYR 15.1M
• ▍Net margin -19.9%