Income Statement AT Systematization

Stocks

0072

MYQ0072OO007

Industrial Machinery & Equipment

Market Closed - BURSA MALAYSIA Other stock markets 11:50:02 28/07/2026 +03			5-day change	1st Jan Change
0.0900 ^MYR	-5.26%		+5.88%	+5.88%

07-10	Erdasan Group Berhad Appoints SEAH YEE TENG as Independent and Non Executive Member of Audit Committee, Effective 10 July 2026	CI
07-10	Erdasan Group Berhad Announces Resignation of LEE LISA as Independent and Non Executive Director, Effective 10 July 2026	CI

570ba1fa1e0cfdfcf846440e2d1.GnmCPYc9UhYDkmE-H4gG7mGeQQ67kxrvPsZqT0nW3co.Kk7BZcR2YUdF6CBcWsJFhQmzdnrJo1e2UpMcJiiJk4tgDcFP83Zrc3XAIA

Published financial data: AT SYSTEMATIZATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021	2022	2023	2024	2025
Revenues	30.93M	78.13M	60.8M	32.58M	39.22M
Total Revenues	30.93M	78.13M	60.8M	32.58M	39.22M
Cost of Goods Sold, Total	26.16M	77.51M	68.4M	36.02M	31.73M
Gross Profit	4.77M	623K	-7.61M	-3.44M	7.48M
Selling General & Admin Expenses, Total	12.97M	36.9M	19.84M	13.48M	10.1M
Other Operating Expenses	11.61M	56.87M	50.47M	54.75M	-5.84M
Other Operating Expenses, Total	24.58M	93.77M	70.31M	68.22M	4.27M
Operating Income	-19.81M	-93.15M	-77.92M	-71.66M	3.21M
Interest Expense, Total	-504K	-2.04M	-3.67M	-1.42M	-441K
Interest And Investment Income	120K	855K	1.64M	692K	75.13K
Net Interest Expenses	-383K	-1.19M	-2.03M	-729K	-366K
Income (Loss) On Equity Invest.	-412K	-33.85M	-2.75M	-13.08M	-71.29K
Currency Exchange Gains (Loss)	-	-	-	-	-
EBT, Excl. Unusual Items	-20.61M	-128M	-82.7M	-85.47M	2.78M
EBT, Incl. Unusual Items	-20.61M	-128M	-82.7M	-85.47M	2.78M
Income Tax Expense	-76.92K	-252K	46.91K	342K	3.19K
Earnings From Continuing Operations	-20.53M	-128M	-82.75M	-85.81M	2.77M
Net Income to Company	-20.53M	-128M	-82.75M	-85.81M	2.77M
Minority Interest	-	-	-	-	-
Net Income - (IS)	-20.53M	-128M	-82.75M	-85.81M	2.77M
Net Income to Common Incl Extra Items	-20.53M	-128M	-82.75M	-85.81M	2.77M
Net Income to Common Excl. Extra Items	-20.53M	-128M	-82.75M	-85.81M	2.77M
Per Share Items
Net EPS - Basic	-0.24	-0.79	-0.41	-0.38	0.01
Basic EPS - Continuing Operations	-0.24	-0.79	-0.41	-0.38	0.01
Basic Weighted Average Shares Outstanding	87.19M	162M	200M	226M	229M
Net EPS - Diluted	-0.24	-0.79	-0.41	-0.38	0.01
Diluted EPS - Continuing Operations	-0.24	-0.79	-0.41	-0.38	0.01
Diluted Weighted Average Shares Outstanding	87.19M	162M	200M	226M	229M
Normalized Basic EPS	-0.15	-0.49	-0.26	-0.24	0.01
Normalized Diluted EPS	-0.15	-0.49	-0.26	-0.24	0.01
Supplemental Items
EBITDA	-16.3M	-86.29M	-67.72M	-62.45M	7.63M
EBITA	-19.81M	-93.15M	-77.92M	-71.66M	3.21M
EBIT	-19.81M	-93.15M	-77.92M	-71.66M	3.21M
EBITDAR	-16.19M	-83.36M	-67.24M	-61.54M	4.5M
Effective Tax Rate - (Ratio)	0.37	0.2	-0.06	-0.4	0.11
Current Domestic Taxes	3.96K	21.68K	46.91K	342K	-
Total Current Taxes	3.96K	21.68K	46.91K	342K	6.33K
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-80.88K	-274K	-	-	-5.14K
Normalized Net Income	-12.88M	-80.12M	-51.69M	-53.42M	1.74M
Interest on Long-Term Debt	496K	280K	347K	381K	354K
Supplemental Operating Expense Items
Selling and Marketing Expenses	103K	263K	133K	80.17K	72.37K
General and Administrative Expenses	12.87M	36.64M	19.71M	13.39M	10.03M
Net Rental Expense, Total	106K	2.93M	478K	916K	1.44M
Imputed Operating Lease Interest Expense	39.69K	1.11M	225K	363K	-
Imputed Operating Lease Depreciation	65.86K	1.82M	254K	552K	-
Stock-Based Comp., Other (Total)	13.43M	6.05M	301K	478K	12.48K
Total Stock-Based Compensation	13.43M	6.05M	301K	478K	12.48K

Fiscal Period: September	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	97.52M	92.52M	39.33M	4.85M	3.89M
Short Term Investments	59.74M	38.49M	24.23M	19.11M	16.52M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	157M	131M	63.55M	23.95M	20.41M
Accounts Receivable, Total	5.75M	7.59M	7.25M	4.26M	13.04M
Other Receivables	312K	685K	601K	945K	221K
Total Receivables	6.06M	8.28M	7.85M	5.2M	13.26M
Inventory	12.4M	40.52M	9.3M	6.28M	5.7M
Prepaid Expenses	6.52M	4.51M	1.26M	649K	724K
Other Current Assets, Total	-	-	18.64M	18.64M	-
Total Current Assets	182M	184M	101M	54.72M	40.1M
Gross Property Plant And Equipment	186M	207M	192M	162M	103M
Accumulated Depreciation	-21.96M	-30.79M	-42.68M	-52.88M	-44.24M
Net Property Plant And Equipment	164M	177M	150M	109M	58.95M
Long-term Investments	46.89M	105M	100M	46.41M	20.65M
Other Long-Term Assets, Total	-	-	4.33M	4.33M	67.4M
Total Assets	393M	466M	355M	214M	187M
Liabilities
Accounts Payable, Total	4.12M	7.38M	5.8M	2.9M	9.14M
Accrued Expenses, Total	1.65M	1.64M	4.05M	1.55M	1.22M
Short-term Borrowings	-	65.48M	30.4M	-	-
Current Portion of Long-Term Debt	340K	1.66M	1.69M	1.54M	989K
Current Portion of Leases	1.57M	1.95M	2.69M	2.21M	1.47M
Current Income Taxes Payable	143	754	-	-	-
Unearned Revenue Current, Total	-	1.95M	485K	485K	-
Other Current Liabilities	11M	41.45M	42.18M	35.21M	18.07M
Total Current Liabilities	18.68M	122M	87.3M	43.91M	30.89M
Long-Term Debt	867K	7.96M	6.31M	4.18M	2.5M
Long-Term Leases	3.41M	2.91M	4.03M	4.21M	1.46M
Deferred Tax Liability Non Current	274K	-	-	-	4.42M
Total Liabilities	23.23M	132M	97.64M	52.3M	39.26M
Common Stock, Total	393M	478M	480M	488M	128M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-32.43M	-160M	-239M	-325M	7.01M
Comprehensive Income and Other	9.26M	15.33M	16.12M	-953K	12.4M
Total Common Equity	370M	333M	257M	162M	148M
Minority Interest	-	-	-	-	-
Total Equity	370M	333M	257M	162M	148M
Total Liabilities And Equity	393M	466M	355M	214M	187M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	150M	200M	226M	226M	229M
ECS Total Common Shares Outstanding	141M	197M	200M	226M	229M
Book Value / Share	2.62	1.69	1.29	0.72	0.65
Tangible Book Value	370M	333M	257M	162M	148M
Tangible Book Value Per Share	2.62	1.69	1.29	0.72	0.65
Total Debt	6.19M	79.96M	45.12M	12.15M	6.41M
Net Debt	-158M	-56.1M	-29.99M	-30.88M	-34.65M
Debt Equivalent Oper. Leases	844K	23.41M	3.83M	7.32M	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	40.27M	99.76M	88.68M	27.34M	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	4.2M	15.91M	2.45M	2.19M	2.23M
Inventories - Work In Process, Total	1.95M	5.12M	3.61M	3.2M	1.98M
Inventories - Finished Goods, Total	6.44M	19.9M	3.65M	1.3M	1.92M
Land - (BS)	-	-	-	-	-
Buildings, Total	21.11M	51.1M	55.88M	55.88M	22.75M
Machinery, Total	58.9M	111M	102M	72.58M	57.15M
Full Time Employees	-	-	213	122	-
Accumulated Allowance for Doubtful Accounts (Supple)	98.86K	105K	237K	308K	130K
Order Backlog	23M	24.13M	20.61M	-	17.43M

Fiscal Period: September	2021	2022	2023	2024	2025
Net Income	-20.53M	-128M	-82.75M	-85.81M	-6.44M
Depreciation & Amortization - CF	5.22M	8.88M	12.13M	11.86M	6.15M
Depreciation & Amortization, Total	5.22M	8.88M	12.13M	11.86M	6.15M
(Gain) Loss From Sale Of Asset	-108K	-1.3K	-	-	-8.33M
(Gain) Loss on Sale of Investments - (CF)	16.74M	42.21M	16.53M	25.03M	10.32M
Asset Writedown & Restructuring Costs	961K	30.29M	15.18M	35.14M	-5.84M
(Income) Loss On Equity Investments - (CF)	412K	33.85M	2.75M	13.08M	3.66M
Stock-Based Compensation (CF)	13.43M	6.05M	301K	478K	8.32K
Provision and Write-off of Bad Debts	-1.79M	-3.87M	206K	71.13K	2.26M
Other Operating Activities, Total	-16.32M	4.85M	22.19M	67.91K	1.71M
Change In Accounts Receivable	-4.94M	-6.27M	18.49M	3.39M	-7.46M
Change In Inventories	-9.1M	-48.72M	11.92M	3.02M	375K
Change In Accounts Payable	8.71M	35.67M	74.24K	-15.03M	7.57M
Cash from Operations	-7.3M	-24.99M	17.02M	-8.71M	3.99M
Capital Expenditure	-95.84M	-50.34M	-5.86M	-330K	-130K
Sale of Property, Plant, and Equipment	223K	2.88K	-	378K	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-12
Investment in Marketable and Equity Securities, Total	-48.65M	-112M	-10.05M	-1.34M	-514K
Other Investing Activities, Total	-18.64M	-4.9M	-7.65M	320K	25.82K
Cash from Investing	-163M	-167M	-23.56M	-977K	-618K
Long-Term Debt Issued, Total	-	75.09M	-	-	-
Total Debt Issued	-	75.09M	-	-	-
Long-Term Debt Repaid, Total	-12.35M	-3.18M	-38.82M	-35.51M	-4.53M
Total Debt Repaid	-12.35M	-3.18M	-38.82M	-35.51M	-3.02M
Issuance of Common Stock	334M	79.44M	1.72M	7.13M	312K
Other Financing Activities, Total	-2.52M	-70.56M	31.49M	30.13M	-470K
Cash from Financing	319M	80.8M	-5.62M	1.75M	-3.18M
Foreign Exchange Rate Adjustments	892K	24.42K	-990K	683K	-1.01M
Net Change in Cash	150M	-111M	-13.14M	-7.25M	-814K
Supplemental Items
Cash Interest Paid	504K	2.04M	3.54M	1.42M	470K
Cash Income Tax Paid (Refund)	56.18K	80.69K	102K	209K	9.67K
Levered Free Cash Flow	-96.65M	-87.56M	-28.1M	-39.75M	-
Unlevered Free Cash Flow	-96.33M	-86.29M	-25.81M	-38.86M	-
Change In Net Working Capital	6.76M	-7.35M	-16.33M	6.08M	-
Net Debt Issued / Repaid	-12.35M	71.91M	-38.82M	-35.51M	-3.02M

Fiscal Period: September	2021	2022	2023	2024	2025
Profitability
Return on Assets	-5.32	-13.56	-11.81	-15.74	-
Return on Total Capital	-5.63	-14.75	-13.54	-18.8	-
Return On Equity %	-9.81	-36.39	-27.84	-40.95	-
Return on Common Equity	-9.81	-36.39	-27.84	-40.95	-
Margin Analysis
Gross Profit Margin %	15.42	0.8	-12.51	-10.55	19.08
SG&A Margin	41.94	47.23	32.63	41.35	25.77
EBITDA Margin %	-52.7	-110.44	-111.38	-191.67	19.45
EBITA Margin %	-64.06	-119.22	-128.16	-219.93	8.2
EBIT Margin %	-64.06	-119.22	-128.16	-219.93	8.2
Income From Continuing Operations Margin %	-66.38	-163.74	-136.1	-263.36	7.07
Net Income Margin %	-66.38	-163.74	-136.1	-263.36	7.07
Net Avail. For Common Margin %	-66.38	-163.74	-136.1	-263.36	7.07
Normalized Net Income Margin	-41.64	-102.54	-85.01	-163.94	4.43
Levered Free Cash Flow Margin	-312.49	-112.07	-46.22	-121.99	-
Unlevered Free Cash Flow Margin	-311.47	-110.43	-42.44	-119.26	-
Asset Turnover
Asset Turnover	0.13	0.18	0.15	0.11	-
Fixed Assets Turnover	0.28	0.46	0.37	0.25	-
Receivables Turnover (Average Receivables)	5.81	11.71	8.19	5.66	-
Inventory Turnover (Average Inventory)	3.34	2.93	2.75	4.62	-
Short Term Liquidity
Current Ratio	9.76	1.52	1.15	1.25	1.3
Quick Ratio	8.74	1.15	0.82	0.66	1.09
Operating Cash Flow to Current Liabilities	-0.39	-0.21	0.2	-0.2	0.13
Days Sales Outstanding (Average Receivables)	62.87	31.17	44.56	64.66	-
Days Outstanding Inventory (Average Inventory)	109.19	124.6	132.93	79.15	-
Average Days Payable Outstanding	48.02	19.87	64.71	48.27	-
Cash Conversion Cycle (Average Days)	124.04	135.9	112.78	95.53	-
Long Term Solvency
Total Debt/Equity	1.67	23.99	17.54	7.5	4.34
Total Debt / Total Capital	1.65	19.35	14.92	6.98	4.16
LT Debt/Equity	1.16	3.26	4.02	5.18	2.68
Long-Term Debt / Total Capital	1.14	2.63	3.42	4.82	2.57
Total Liabilities / Total Assets	5.91	28.43	27.51	24.42	20.99
EBIT / Interest Expense	-39.35	-45.58	-21.23	-50.43	7.29
EBITDA / Interest Expense	-28.97	-41.24	-17.92	-42.09	21.26
(EBITDA - Capex) / Interest Expense	-219.32	-65.87	-19.52	-42.32	20.96
Total Debt / EBITDA	-0.42	-0.95	-0.69	-0.2	0.68
Net Debt / EBITDA	10.81	0.67	0.46	0.52	-3.7
Total Debt / (EBITDA - Capex)	-0.06	-0.59	-0.63	-0.2	0.69
Net Debt / (EBITDA - Capex)	1.43	0.42	0.42	0.51	-3.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	56.44	152.63	-22.19	-46.41	-
Gross Profit, 1 Yr. Growth %	247.8	-86.93	-1.32K	-54.78	-
EBITDA, 1 Yr. Growth %	58.8	429.48	-20.46	-7.77	-
EBITA, 1 Yr. Growth %	35.57	370.18	-15.31	-8.02	-
EBIT, 1 Yr. Growth %	35.57	370.18	-15.31	-8.02	-
Earnings From Cont. Operations, 1 Yr. Growth %	33.46	523.17	-33.3	3.71	-
Net Income, 1 Yr. Growth %	33.76	523.17	-33.3	3.71	-
Normalized Net Income, 1 Yr. Growth %	34.43	522.07	-33.47	3.36	-
Diluted EPS Before Extra, 1 Yr. Growth %	-75.93	235.09	-45.88	-8.24	-
Accounts Receivable, 1 Yr. Growth %	17.34	32	-4.47	-41.27	-
Inventory, 1 Yr. Growth %	281.47	226.76	-77.04	-32.52	-
Net Property, Plant and Equip., 1 Yr. Growth %	183.59	7.77	-15.22	-27.38	-
Total Assets, 1 Yr. Growth %	442.47	18.51	-24.42	-39.65	-
Tangible Book Value, 1 Yr. Growth %	659.87	-9.85	-23.71	-37.08	-
Common Equity, 1 Yr. Growth %	659.87	-9.85	-23.71	-37.08	-
Cash From Operations, 1 Yr. Growth %	-399.14	242.39	-168.12	-151.14	-
Capital Expenditures, 1 Yr. Growth %	1.9K	-47.47	-88.35	-94.38	-
Levered Free Cash Flow, 1 Yr. Growth %	5.2K	-9.4	-67.64	41.46	-
Unlevered Free Cash Flow, 1 Yr. Growth %	7.18K	-10.43	-69.84	50.59	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	22.49	98.8	40.21	-35.42	-
Gross Profit, 2 Yr. CAGR %	122.5	-32.57	26.28	134.88	-
EBITDA, 2 Yr. CAGR %	72.21	189.97	103.84	-14.35	-
EBITA, 2 Yr. CAGR %	41.93	152.48	98.32	-11.74	-
EBIT, 2 Yr. CAGR %	41.93	152.48	98.32	-11.74	-
Earnings From Cont. Operations, 2 Yr. CAGR %	50.24	188.38	100.76	-16.83	-
Net Income, 2 Yr. CAGR %	53.21	188.71	100.76	-16.83	-
Normalized Net Income, 2 Yr. CAGR %	43.84	189.18	100.33	-17.08	-
Diluted EPS Before Extra, 2 Yr. CAGR %	-36.22	-10.2	32.6	-29.53	-
Accounts Receivable, 2 Yr. CAGR %	9.78	24.45	12.29	-25.1	-
Inventory, 2 Yr. CAGR %	140.1	253.06	-13.39	-60.64	-
Net Property, Plant and Equip., 2 Yr. CAGR %	68.77	74.83	-4.41	-21.54	-
Total Assets, 2 Yr. CAGR %	119.47	153.55	-4.97	-32.47	-
Tangible Book Value, 2 Yr. CAGR %	145.09	161.73	-16.59	-30.71	-
Common Equity, 2 Yr. CAGR %	145.09	161.73	-16.59	-30.71	-
Cash From Operations, 2 Yr. CAGR %	17.52	220.04	52.72	-40.98	-
Capital Expenditures, 2 Yr. CAGR %	246.35	223.97	-75.26	-91.91	-
Levered Free Cash Flow, 2 Yr. CAGR %	198.78	593.14	-46.08	-32.35	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	204.75	707.43	-48.24	-32.61	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.24	55.92	45.42	1.76	-
Gross Profit, 3 Yr. CAGR %	16.33	-13.5	77.01	-10.32	-
EBITDA, 3 Yr. CAGR %	102.17	150.41	87.56	56.49	-
EBITA, 3 Yr. CAGR %	50.93	111.58	74.7	53.51	-
EBIT, 3 Yr. CAGR %	50.93	111.58	74.7	53.51	-
Earnings From Cont. Operations, 3 Yr. CAGR %	50.81	141.39	75.21	61.09	-
Net Income, 3 Yr. CAGR %	53.94	144.56	75.35	61.09	-
Normalized Net Income, 3 Yr. CAGR %	56.42	134.35	75.39	60.67	-
Diluted EPS Before Extra, 3 Yr. CAGR %	-1.54	10.88	-24.93	17.29	-
Accounts Receivable, 3 Yr. CAGR %	-0.14	16.73	13.95	-9.53	-
Inventory, 3 Yr. CAGR %	75.24	166.07	41.97	-20.3	-
Net Property, Plant and Equip., 3 Yr. CAGR %	37.38	45.34	37.35	-12.78	-
Total Assets, 3 Yr. CAGR %	63.96	78.71	69.84	-18.32	-
Tangible Book Value, 3 Yr. CAGR %	71.07	75.6	74.21	-24.07	-
Common Equity, 3 Yr. CAGR %	71.07	75.6	74.21	-24.07	-
Cash From Operations, 3 Yr. CAGR %	122.12	67.85	91.09	6.05	-
Capital Expenditures, 3 Yr. CAGR %	106.2	84.7	6.93	-84.91	-
Levered Free Cash Flow, 3 Yr. CAGR %	109	100.73	148.89	-25.63	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	111.45	102.62	169.15	-26.11	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	35.93	21.37	9.59	-
Gross Profit, 5 Yr. CAGR %	-	1.22	20.21	28.98	-
EBITDA, 5 Yr. CAGR %	-	73.32	102.84	62.6	-
EBITA, 5 Yr. CAGR %	-	60.31	68.35	48.77	-
EBIT, 5 Yr. CAGR %	-	60.31	68.35	48.77	-
Earnings From Cont. Operations, 5 Yr. CAGR %	-	68.12	69.1	56.66	-
Net Income, 5 Yr. CAGR %	-	68.83	71.19	57.89	-
Normalized Net Income, 5 Yr. CAGR %	-	69.42	72.69	53.71	-
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-10.67	10.91	-8.08	-
Accounts Receivable, 5 Yr. CAGR %	-	10.71	4.66	-2.25	-
Inventory, 5 Yr. CAGR %	-	75.21	32.2	23.89	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-	26.01	18.83	13.58	-
Total Assets, 5 Yr. CAGR %	-	40.85	31.82	21.29	-
Tangible Book Value, 5 Yr. CAGR %	-	40.2	28.35	21.34	-
Common Equity, 5 Yr. CAGR %	-	40.2	28.35	21.34	-
Cash From Operations, 5 Yr. CAGR %	-	31.31	91.21	10.5	-
Capital Expenditures, 5 Yr. CAGR %	-	39.86	-11.71	-47.14	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	21.56	29.71	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	20.42	30.23	-