Cash flow Industronics

Stocks

9393

MYL9393OO009

Electronic Equipment & Parts

Market Closed - BURSA MALAYSIA 02:22:48 28/08/2026 pm IST			5-day change	1st Jan Change
0.0350 ^MYR	0.00%		+16.67%	-

10/08	Industronics Served with $5 Million Lawsuit Over Loan Agreement	MT
07/08	Industronics Berhad Announces Appointment of Gan Soon Shyang as Member of Nomination Committee, Effective August 07, 2026	CI

753f4b88.B2GG2dlhcDsT0dgchhx1ZFlQkgTcPVqiDpRdrB3-u2s.WAzKn50nGXIqma5l5E5BKAkZ-0uscA36Ydxp9nqXgzFoDLOGlCgzf3ecrw

Published financial data: INDUSTRONICS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020 (MYR)	2021 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	1.74Cr	4.04Cr	3.69Cr	5.48Cr	2.7Cr
Total Revenues	1.74Cr	4.04Cr	3.69Cr	5.48Cr	2.7Cr
Cost of Goods Sold, Total	1.5Cr	3.62Cr	3.2Cr	5.29Cr	2.51Cr
Gross Profit	24.02L	42.11L	49.09L	18.56L	18.78L
Selling General & Admin Expenses, Total	74.64L	57.86L	86.58L	82.39L	37.65L
Provision for Bad Debts	-	-	-	-	7L
Other Operating Expenses	-46.5L	13.27L	19.05L	-44.54L	15.87L
Other Operating Expenses, Total	28.14L	71.13L	1.06Cr	37.85L	60.65L
Operating Income	-4L	-29.03L	-56.54L	-19.29L	-41.87L
Interest Expense, Total	-25.26T	-6L	-23.44L	-13.04L	-23.18L
Interest And Investment Income	-	-	-	-	23.34T
Net Interest Expenses	-25.26T	-6L	-23.44L	-13.04L	-22.95L
Income (Loss) On Equity Invest.	-	-7L	21.03L	-8L	-
Currency Exchange Gains (Loss)	-	2L	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-20.51L
EBT, Excl. Unusual Items	-4L	-40.13L	-58.95L	-39.99L	-85.33L
Gain (Loss) On Sale Of Investments	-	-	-	-47.6T	-31.73T
Gain (Loss) On Sale Of Assets	-	-8L	8L	-	13.39L
EBT, Incl. Unusual Items	-4L	-47.71L	-51.45L	-40.47L	-72.26L
Income Tax Expense	-	-	70	-9.48T	69.1T
Earnings From Continuing Operations	-4L	-47.71L	-51.45L	-40.38L	-72.95L
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-4L	-47.71L	-51.45L	-40.38L	-72.95L
Minority Interest	9.38T	15.7T	4L	-	-
Net Income - (IS)	-4L	-47.56L	-47.43L	-40.38L	-72.95L
Net Income to Common Incl Extra Items	-4L	-47.56L	-47.43L	-40.38L	-72.95L
Net Income to Common Excl. Extra Items	-4L	-47.56L	-47.43L	-40.38L	-72.95L
Per Share Items
Net EPS - Basic	-0	-0.02	-0.01	-0.01	-0.01
Basic EPS - Continuing Operations	-0	-0.02	-0.01	-0.01	-0.01
Basic Weighted Average Shares Outstanding	13Cr	27Cr	52Cr	71Cr	71Cr
Net EPS - Diluted	-0	-0.02	-0.01	-0.01	-0.01
Diluted EPS - Continuing Operations	-0	-0.02	-0.01	-0.01	-0.01
Diluted Weighted Average Shares Outstanding	13Cr	27Cr	52Cr	71Cr	71Cr
Normalized Basic EPS	-0	-0.01	-0.01	-0	-0.01
Normalized Diluted EPS	-0	-0.01	-0.01	-0	-0.01
Supplemental Items
EBITDA	-2L	-27.13L	-52.06L	-14.53L	-35.97L
EBITA	-4L	-29.03L	-56.54L	-19.29L	-41.87L
EBIT	-4L	-29.03L	-56.54L	-19.29L	-41.87L
EBITDAR	3L	-27.12L	-	-14.52L	-52.17L
Effective Tax Rate - (Ratio)	-	-	-0	0.23	-0.96
Current Domestic Taxes	-	-	70	300	8.4T
Total Current Taxes	-	-	70	300	8.4T
Total Deferred Taxes	-	-	-	-9.78T	-3L
Normalized Net Income	-3L	-24.92L	-32.83L	-25L	-53.33L
Interest on Long-Term Debt	18.41T	13.25T	1L	12.96L	59.19T
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	5L	-	-	-	-
General and Administrative Expenses	69.85L	57.86L	86.58L	82.39L	37.65L
Net Rental Expense, Total	6L	610	-	720	2L
Imputed Operating Lease Interest Expense	-	3.03T	-	182	-
Imputed Operating Lease Depreciation	-	-2.42T	-	538	-

Fiscal Period: December	2020 (MYR)	2021 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	6L	1.3Cr	4L	67.31T	64.93T
Short Term Investments	3L	3L	2L	3L	9L
Total Cash And Short Term Investments	10L	1.33Cr	6L	3L	9L
Accounts Receivable, Total	26.11L	35.19L	4.5Cr	3.91Cr	4.84Cr
Other Receivables	8L	1.42Cr	94.76L	17.92L	20.43L
Total Receivables	34.49L	1.77Cr	5.45Cr	4.09Cr	5.04Cr
Inventory	14.33L	1.3Cr	99.32L	2.13Cr	11.35L
Prepaid Expenses	6L	6L	72.01L	8L	13.29T
Other Current Assets, Total	-	-	27.75T	50.09L	2Cr
Total Current Assets	65.12L	4.47Cr	7.23Cr	6.84Cr	7.25Cr
Gross Property Plant And Equipment	91.14L	91.15L	99.1L	57.71L	40.86L
Accumulated Depreciation	-32.81L	-33L	-25.16L	-37.12L	-36.5L
Net Property Plant And Equipment	58.33L	58.15L	73.94L	20.6L	4L
Long-term Investments	5L	13.36L	48.18L	45.95L	-
Other Intangibles, Total	35.4L	31.35L	30.37L	29.34L	0
Other Long-Term Assets, Total	2L	2L	2L	2L	1L
Total Assets	1.65Cr	5.51Cr	8.77Cr	7.82Cr	7.31Cr
Liabilities
Accounts Payable, Total	15.11L	13.88L	48.71L	17.98L	7L
Accrued Expenses, Total	29.33L	28.12L	8L	17.78L	14.82L
Short-term Borrowings	2L	-	3.79Cr	4.17Cr	3.71Cr
Current Portion of Leases	1L	2L	7L	5L	3L
Current Income Taxes Payable	-	175	-	-	-
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	12.11L	3.11Cr	22.65L	17.21L	22.49L
Total Current Liabilities	59.42L	3.55Cr	4.66Cr	4.75Cr	4.18Cr
Long-Term Debt	-	10L	-	-	1.87Cr
Long-Term Leases	1L	2L	10L	5L	-
Deferred Tax Liability Non Current	5L	5L	5L	5L	-
Total Liabilities	66.09L	3.72Cr	4.81Cr	4.85Cr	6.05Cr
Common Stock, Total	72.41L	2.01Cr	4.35Cr	4.35Cr	4.35Cr
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-12.2L	-59.76L	-1.31Cr	-1.71Cr	-3.13Cr
Comprehensive Income and Other	38.35L	36.98L	92.14L	33.1L	3L
Total Common Equity	98.56L	1.79Cr	3.96Cr	2.97Cr	1.25Cr
Minority Interest	50.54T	34.84T	-	-	-
Total Equity	99.07L	1.79Cr	3.96Cr	2.97Cr	1.25Cr
Total Liabilities And Equity	1.65Cr	5.51Cr	8.77Cr	7.82Cr	7.31Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	13Cr	41Cr	71Cr	71Cr	71Cr
ECS Total Common Shares Outstanding	13Cr	39Cr	71Cr	71Cr	71Cr
Book Value / Share	0.07	0.05	0.06	0.04	0.02
Tangible Book Value	63.16L	1.47Cr	3.66Cr	2.67Cr	1.25Cr
Tangible Book Value Per Share	0.05	0.04	0.05	0.04	0.02
Total Debt	4L	14.32L	3.96Cr	4.27Cr	5.61Cr
Net Debt	-6L	-1.19Cr	3.9Cr	4.23Cr	5.52Cr
Debt Equivalent Oper. Leases	45.01L	4.88T	-	5.76T	-
Minority Interest, Total (Incl. Fin. Div)	50.54T	34.84T	-	-	-
Equity Method Investments, Total	-	12.92L	47.74L	40.69L	-
Account Code - Inventory Valuation	6	6	6	6	5
Inventories - Raw Materials, Total	5L	2L	-	-	-
Inventories - Work In Process, Total	4L	5L	38.7T	-	-
Inventories - Finished Goods, Total	5L	1.23Cr	1.01Cr	2.15Cr	11.35L
Land - (BS)	26.8L	26.8L	26.8L	-	-
Buildings, Total	24.65L	24.65L	24.65L	-	-
Machinery, Total	35.6L	32.48L	40.44L	50.5L	29.88L
Full Time Employees	-	-	-	17	3
Accumulated Allowance for Doubtful Accounts (Supple)	28.06L	46.92L	41.37L	36.74L	47.44L

Fiscal Period: December	2020 (MYR)	2021 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	-4L	-47.56L	-47.43L	-40.38L	-72.95L
Depreciation & Amortization - CF	3L	3L	7L	8L	9L
Depreciation & Amortization, Total	3L	3L	7L	8L	9L
Amortization of Deferred Charges, Total - (CF)	21.58L	21.42L	10.06L	49.78T	-
(Gain) Loss From Sale Of Asset	-63.42L	7L	-8L	-	-13.39L
(Gain) Loss on Sale of Investments - (CF)	-4L	-9L	-	47.6T	4L
Asset Writedown & Restructuring Costs	-56.08T	1.98T	50.81T	-	3L
(Income) Loss On Equity Investments - (CF)	-	7L	-21.03L	8L	-
Provision and Write-off of Bad Debts	31.38T	55.05T	-1L	13.83L	7L
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	3L	9L	28.36L	-1.86Cr	29.85L
Change In Accounts Receivable	1.29Cr	-1.43Cr	-2.52Cr	3.25Cr	-2.14Cr
Change In Inventories	3L	-1.19Cr	12.35L	-1.13Cr	1.33Cr
Change In Accounts Payable	-58.54L	-14.26L	62.68L	-16.42L	91.93L
Change in Unearned Revenues	-30T	-	-	-	-
Change in Other Net Operating Assets	-	-26.89T	3.1T	7L	-
Cash from Operations	28.13L	-2.84Cr	-2.08Cr	7L	-21.94L
Capital Expenditure	-4L	-6.6T	-14.92L	-5L	-3L
Sale of Property, Plant, and Equipment	-	26T	40.47T	-	50.15L
Divestitures	3L	-8L	4L	-	-
Sale (Purchase) of Intangible assets	-	-16.18L	-8L	-	-
Investment in Marketable and Equity Securities, Total	-	-8L	-	92.4T	-9L
Other Investing Activities, Total	1.7T	-15.15T	-9L	-	-
Cash from Investing	-52.35T	-31.17L	-26.57L	-4L	38.53L
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-6L
Long-Term Debt Repaid, Total	-1L	-1L	-6L	-7L	-12.11L
Total Debt Repaid	-1L	-1L	-4L	-7L	-11.93L
Issuance of Common Stock	-	32.53L	1.56Cr	-	-
Issuance of Preferred Stock	-	1.07Cr	-	-	-
Other Financing Activities, Total	-	3.04Cr	-7L	-	-
Cash from Financing	-1L	4.42Cr	1.46Cr	-7L	-11.93L
Foreign Exchange Rate Adjustments	-44.68L	-2L	6L	17.76T	-5L
Net Change in Cash	-18.37L	1.25Cr	-82.9L	-4L	-1.58T
Supplemental Items
Cash Interest Paid	5.03T	28.76T	82.13T	12.96L	23.18L
Cash Income Tax Paid (Refund)	2.7T	1.49T	2.3T	1T	4L
Levered Free Cash Flow	35.16L	24.72L	-	-15.37L	-
Unlevered Free Cash Flow	35.32L	28.34L	-	-7L	-
Change In Net Working Capital	-16.87L	-37.9L	-	-85.86T	-
Net Debt Issued / Repaid	-1L	-1L	-4L	-7L	-11.93L

Fiscal Period: December	2020 (MYR)	2021 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	-1.22	-5.06	-	-1.45	-
Return on Total Capital	-2.04	-12.23	-	-1.59	-
Return On Equity %	-3.53	-34.32	-	-11.66	-
Return on Common Equity	-3.47	-34.31	-	-11.66	-
Margin Analysis
Gross Profit Margin %	13.78	10.43	13.31	3.39	6.95
SG&A Margin	42.82	14.33	23.48	15.04	13.94
EBITDA Margin %	-1.26	-6.72	-14.12	-2.65	-13.32
EBITA Margin %	-2.36	-7.19	-15.33	-3.52	-15.5
EBIT Margin %	-2.36	-7.19	-15.33	-3.52	-15.5
Income From Continuing Operations Margin %	-2.51	-11.82	-13.95	-7.37	-27
Net Income Margin %	-2.46	-11.78	-12.86	-7.37	-27
Net Avail. For Common Margin %	-2.46	-11.78	-12.86	-7.37	-27
Normalized Net Income Margin	-1.51	-6.17	-8.9	-4.56	-19.74
Levered Free Cash Flow Margin	20.17	6.12	-	-2.81	-
Unlevered Free Cash Flow Margin	20.26	7.02	-	-1.32	-
Asset Turnover
Asset Turnover	0.83	1.13	-	0.66	-
Fixed Assets Turnover	3.09	6.93	-	11.59	-
Receivables Turnover (Average Receivables)	3.33	13.17	-	1.3	-
Inventory Turnover (Average Inventory)	8.95	5.03	-	3.39	-
Short Term Liquidity
Current Ratio	1.1	1.26	1.55	1.44	1.73
Quick Ratio	0.75	0.88	1.18	0.87	1.23
Operating Cash Flow to Current Liabilities	0.47	-0.8	-0.45	0.02	-0.05
Days Sales Outstanding (Average Receivables)	109.9	27.71	-	281.1	-
Days Outstanding Inventory (Average Inventory)	40.87	72.62	-	108	-
Average Days Payable Outstanding	63.68	11.1	-	18.98	-
Cash Conversion Cycle (Average Days)	87.09	89.23	-	370.13	-
Long Term Solvency
Total Debt/Equity	4.34	8	100.01	143.98	447.31
Total Debt / Total Capital	4.16	7.41	50	59.01	81.73
LT Debt/Equity	1.44	6.89	2.5	1.65	148.89
Long-Term Debt / Total Capital	1.38	6.38	1.25	0.68	27.2
Total Liabilities / Total Assets	40.02	67.52	54.85	62.06	82.83
EBIT / Interest Expense	-16.31	-5.02	-2.41	-1.48	-1.81
EBITDA / Interest Expense	-3.32	-4.43	-2.1	-0.84	-1.41
(EBITDA - Capex) / Interest Expense	-18.5	-4.44	-2.74	-1.21	-1.52
Total Debt / EBITDA	-5.13	-0.56	-8.03	-39.08	-17.22
Net Debt / EBITDA	6.72	4.64	-7.9	-38.76	-16.93
Total Debt / (EBITDA - Capex)	-0.92	-0.56	-6.17	-27	-15.94
Net Debt / (EBITDA - Capex)	1.21	4.63	-6.07	-26.78	-15.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.1	131.58	-	48.58	-
Gross Profit, 1 Yr. Growth %	-73.71	75.29	-	-62.18	-
EBITDA, 1 Yr. Growth %	-89.16	-58.66	-	-64.16	-
EBITA, 1 Yr. Growth %	-80.93	-57.03	-	-57.16	-
EBIT, 1 Yr. Growth %	-80.93	-57.03	-	-57.16	-
Earnings From Cont. Operations, 1 Yr. Growth %	-80.29	990.9	-	-21.52	-
Net Income, 1 Yr. Growth %	-80.8	1.01T	-	-14.87	-
Normalized Net Income, 1 Yr. Growth %	-81.1	-41.05	-	-2.48	-
Diluted EPS Before Extra, 1 Yr. Growth %	-82.88	449.16	-	-37.98	-
Accounts Receivable, 1 Yr. Growth %	-66.77	34.78	-	-13.02	-
Inventory, 1 Yr. Growth %	-25.53	804.11	-	114.55	-
Net Property, Plant and Equip., 1 Yr. Growth %	7.09	-0.31	-	-72.15	-
Total Assets, 1 Yr. Growth %	-35.34	233.72	-	-10.87	-
Tangible Book Value, 1 Yr. Growth %	-30.93	133.19	-	-26.91	-
Common Equity, 1 Yr. Growth %	-33.59	81.25	-	-25.11	-
Cash From Operations, 1 Yr. Growth %	-214.07	-1.1T	-	-103.44	-
Capital Expenditures, 1 Yr. Growth %	495.43	-98.28	-	-67.23	-
Levered Free Cash Flow, 1 Yr. Growth %	-315.29	-651.98	-	-	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-321.23	-755.73	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-32.53	61.84	-	-	-
Gross Profit, 2 Yr. CAGR %	-50.2	-32.11	-	-	-
EBITDA, 2 Yr. CAGR %	-70.22	15.55	-	-	-
EBITA, 2 Yr. CAGR %	-60.78	15.9	-	-	-
EBIT, 2 Yr. CAGR %	-60.78	15.9	-	-	-
Earnings From Cont. Operations, 2 Yr. CAGR %	-59.8	46.63	-	-	-
Net Income, 2 Yr. CAGR %	-60.27	46.08	-	-	-
Normalized Net Income, 2 Yr. CAGR %	-60.54	33.6	-	-	-
Diluted EPS Before Extra, 2 Yr. CAGR %	-65.14	-3.03	-	-	-
Accounts Receivable, 2 Yr. CAGR %	-22.85	-33.08	-	-	-
Inventory, 2 Yr. CAGR %	-0.58	159.49	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	2.92	3.32	-	-	-
Total Assets, 2 Yr. CAGR %	-14.73	46.9	-	-	-
Tangible Book Value, 2 Yr. CAGR %	-0.74	26.91	-	-	-
Common Equity, 2 Yr. CAGR %	-16.83	9.71	-	-	-
Cash From Operations, 2 Yr. CAGR %	268.64	239.12	-	-	-
Capital Expenditures, 2 Yr. CAGR %	165.55	-67.97	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	82.77	23.04	-	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	81.67	33.22	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-38.61	1.78	-	-	-9.09
Gross Profit, 3 Yr. CAGR %	-30.44	-24.24	-	-	-28.28
EBITDA, 3 Yr. CAGR %	-66.31	3	-	-	-1.37
EBITA, 3 Yr. CAGR %	-59.48	2.71	-	-	-9.82
EBIT, 3 Yr. CAGR %	-59.48	2.71	-	-	-9.82
Earnings From Cont. Operations, 3 Yr. CAGR %	-59.42	20.79	-	-	-2.46
Net Income, 3 Yr. CAGR %	-58.99	20.61	-	-	-2.48
Normalized Net Income, 3 Yr. CAGR %	-58.68	13.7	-	-	2.74
Diluted EPS Before Extra, 3 Yr. CAGR %	-62.41	-12.61	-	-	-18.02
Accounts Receivable, 3 Yr. CAGR %	20.37	-7.08	-	-	7.06
Inventory, 3 Yr. CAGR %	-12.98	107.52	-	-	-57.84
Net Property, Plant and Equip., 3 Yr. CAGR %	1.05	1.83	-	-	-60.35
Total Assets, 3 Yr. CAGR %	-16.72	34.38	-	-	2.38
Tangible Book Value, 3 Yr. CAGR %	-1.05	31.95	-	-	-0.01
Common Equity, 3 Yr. CAGR %	-15.45	7.83	-	-	-6.49
Cash From Operations, 3 Yr. CAGR %	176.24	415.52	-	-	-45.06
Capital Expenditures, 3 Yr. CAGR %	346.66	-50.48	-	-	-47.89
Levered Free Cash Flow, 3 Yr. CAGR %	18.68	32.93	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	23.1	38.35	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.86	6.46	-	-	9.16
Gross Profit, 5 Yr. CAGR %	-10.85	7.57	-	-	-4.8
EBITDA, 5 Yr. CAGR %	-53.42	-25.78	-	-	-11.33
EBITA, 5 Yr. CAGR %	-47.99	-25.73	-	-	-9.12
EBIT, 5 Yr. CAGR %	-47.99	-25.73	-	-	-9.12
Earnings From Cont. Operations, 5 Yr. CAGR %	-47.45	-18.13	-	-	75.56
Net Income, 5 Yr. CAGR %	-48.92	-17.99	-	-	76.33
Normalized Net Income, 5 Yr. CAGR %	-47.09	-19.45	-	-	4.75
Diluted EPS Before Extra, 5 Yr. CAGR %	-49.89	-31.74	-	-	26.3
Accounts Receivable, 5 Yr. CAGR %	-22.68	-12.27	-	-	79.3
Inventory, 5 Yr. CAGR %	-26.84	20.03	-	-	-4.55
Net Property, Plant and Equip., 5 Yr. CAGR %	-15.94	-12.43	-	-	-40.48
Total Assets, 5 Yr. CAGR %	-19.58	6.69	-	-	34.64
Tangible Book Value, 5 Yr. CAGR %	-26.56	-5.23	-	-	14.71
Common Equity, 5 Yr. CAGR %	-21.81	-6.06	-	-	4.94
Cash From Operations, 5 Yr. CAGR %	45	73.65	-	-	-4.99
Capital Expenditures, 5 Yr. CAGR %	-22.28	10.83	-	-	-7.34
Levered Free Cash Flow, 5 Yr. CAGR %	-9.19	-5.24	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-8.87	-3.11	-	-	-