Sbc Corporation Bhd

Sbc Corporation Bhd maintains a relatively strong liquidity position, with a current ratio of 2.39, indicating the company can cover its short-term liabilities more than twice over with its current assets. However, the company reported negative operating cash flow of MYR -20,272,000, which raises concerns about its ability to fund operations from core business activities. Free cash flow is positive at MYR 1,832,000, but this is significantly lower than the capital expenditure of MYR 846,000, suggesting limited capacity for reinvestment or debt servicing.

Profitability metrics for Sbc Corporation Bhd are weak compared to industry norms. The company's return on equity (ROE) is 0.39%, and return on assets (ROA) is 0.28%, both of which are below the typical thresholds for healthy performance in the real estate development and operations sector. The operating margin is 24.75% (calculated as operating income of MYR 5,976,000 divided by revenue of MYR 24,146,000), which is relatively high but not sufficient to offset the low ROE and ROA.

The company's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess exposure to specific markets or product lines. However, the company's total assets of MYR 581,565,000 and total liabilities of MYR 167,534,000 suggest a moderate level of leverage, with a debt-to-equity ratio of 0.28.

Looking ahead, the company's growth trajectory is uncertain. While revenue for the most recent period is reported at MYR 24,146,000, there is no historical data provided to assess year-over-year growth. The outlook for the current and next fiscal years is not quantified in the available data, but the company's low profitability and negative operating cash flow may constrain its ability to grow organically or through acquisitions.

Risk factors for Sbc Corporation Bhd include liquidity concerns, as the company has negative net cash after subtracting total debt. The risk assessment indicates a medium level of liquidity risk, and the dilution risk is classified as low. However, the company's reliance on external financing to fund operations and capital expenditures could increase if cash flow remains negative.

Recent events and filings are not detailed in the available data, but the company's financial performance and risk profile suggest that investors should monitor its cash flow generation and debt management strategies closely. The absence of a clear growth plan or significant capital deployment may limit investor confidence in the company's long-term prospects.

Net income surged 5,707% year-over-year to MYR 17.2 million, indicating a dramatic and recent improvement in profitability.

Debt-to-equity ratio of 0.28 is well below the 0.52 cohort median, suggesting a conservative and resilient capital structure.

Free cash flow jumped 1,330% to MYR 17.3 million, providing strong liquidity for potential dividends or debt reduction.

The company exhibits low dilution risk, protecting existing shareholders from the erosion of equity value through new issuance.

Cash conversion of -12.41% places the firm in the bottom quartile, indicating severe difficulties in turning earnings into cash.

High credit risk flags suggest significant potential for loan losses or default, threatening the stability of future earnings.

Medium liquidity risk indicates potential challenges in meeting short-term obligations, which could constrain operational flexibility during downturns.

Revenue MYR 52.7M, −27,1% YoY; Operating income −36,7% YoY.

• ▍Revenue MYR 52.7M, −27,1% YoY
• ▍Operating income −36,7% YoY
• ▍Net income −96,8% YoY
• ▍Free cash flow −86,0% YoY
• ▍Net margin 0.6%

Revenue MYR 72.3M, −37,7% YoY; Operating income −36,1% YoY.

• ▍Revenue MYR 72.3M, −37,7% YoY
• ▍Operating income −36,1% YoY
• ▍Net income −32,6% YoY
• ▍Free cash flow −38,8% YoY
• ▍Net margin 13.0%

Revenue MYR 116.1M, +76,9% YoY; Operating income +151,9% YoY.

• ▍Revenue MYR 116.1M, +76,9% YoY
• ▍Operating income +151,9% YoY
• ▍Net income +333,4% YoY
• ▍Free cash flow +2 550,7% YoY
• ▍Net margin 12.0%

Revenue MYR 65.6M; Operating income MYR 10.7M.

• ▍Revenue MYR 65.6M
• ▍Operating income MYR 10.7M
• ▍Net margin 4.9%