Sarawak Consolidated Industries Bhd

Sarawak Consolidated Industries Bhd operates with a current ratio of 1.98, indicating moderate liquidity, but its operating cash flow of -1.57 million MYR suggests cash flow challenges. The company's debt-to-equity ratio of 0.29 reflects a relatively conservative capital structure, with long-term debt of 39.28 million MYR against total equity of 136.23 million MYR. The company reported a net loss of 33.26 million MYR for the latest period, with an operating loss of 41.20 million MYR. Return on equity (ROE) is -24.42%, and return on assets (ROA) is -9.83%, both significantly below industry norms for construction materials firms. These metrics indicate poor profitability and asset utilization. The company's revenue is distributed across four segments: Manufacturing, Construction/EPCC/Project Management, Property Trading, and Others. The Manufacturing segment produces precast concrete pipes and other concrete products, while the Construction/EPCC/Project Management segment handles industrialized building systems and construction contracts. The Property Trading segment deals in property transactions, and the Others segment includes share trading. However, the input data does not provide specific revenue concentrations for each segment. The company's growth trajectory is uncertain, with no specific revenue growth or decline percentages provided in the input data. The negative operating cash flow and net loss suggest potential challenges in sustaining operations without external financing or cost reductions. The company faces medium liquidity risk due to its negative operating cash flow and a net cash position that is negative after subtracting total debt. Dilution risk is assessed as low, but the company's financial performance and cash flow issues could necessitate future equity issuance, which would be dilutive to shareholders. Recent events include the company's ESG controversies score of 100.0, indicating significant environmental, social, and governance (ESG) issues. The governance pillar score is 38.8, and the social pillar score is 21.6, both below average for the industry.