NationGate Holdings Berhad

NationGate Holdings Berhad

0270.KL
NationGate Holdings BerhadMY flagMalaysian Stock Exchange
0.81
MYR
+0.01
- -
1.82BMarket Cap
NationGate Holdings Berhad
0270.KL
(Malaysian Stock Exchange)

Recent

price

0.81

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
32.56
56.56
76
0.46
0.31
2.45
3.35
2.86
Revenue per Share
0.53
3.06
5.73
0.04
0.03
0.07
0.05
0.03
Basic EPS, GAAP
-4.88
0.61
0.27
-0.01
0.05
0.28
-0.51
-0.11
Free Cash Flow per Basic Share
- -
- -
0.5
0.01
0.02
0.01
0.02
0.01
Dividend per Share
7.53
10.09
14.57
0.17
0.27
0.5
0.51
0.51
Book Value per Share
8.53
11.22
15.82
0.11
0.2
0.45
0.46
0.45
Tangible Book Value per Share
10
10
10
2,074
2,061
2,154
2,276
2,274
Basic Weighted Avg Shares
326
566
761
946
638
5,271
7,612
6,494
Sales/Revenue/Turnover
2.96
6.58
9.17
12.34
12.23
4.5
2.77
2.11
Operating Margin (%)
16
20
26
35
42
50
55
57
Depreciation Expense
5
31
57
85
61
160
125
72
Net Income, GAAP
16.72
6.79
4.97
18.17
13.63
22.32
27.57
28.67
Effective Tax Rate (%)
1.61
5.41
7.53
9.02
9.53
3.04
1.64
1.1
Profit Margin (%)
-13
8
36
52
190
667
682
646
Working Capital
45
78
87
76
28
38
119
116
LT Debt
85
112
158
229
422
972
1,059
1,045
Total Equity
- -
14.97
20.19
20
12.09
14.33
7.91
3.93
Return on Invested Capital (%)
- -
15.71
19.5
17.74
10.12
11.53
7.3
3.76
Return on Capital (%)
- -
34.69
46.44
33.55
13.36
19.67
11.18
6.35
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
478
639
861
LT Borrowings
71
106
109
LT Finance Leases
4
13
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,278
2,263
2,263
Market Capitalization
2,778
2,027
1,478

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,929
2,450
2,098
Cash, Cash Equivalents & STI
367
418
588
Accounts Receivable, Net
792
814
836
Inventories
708
1,141
591
Total Current Liabilities
1,201
1,768
1,452
Payables & Accruals
- -
- -
- -
ST Debt
478
639
861
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
61.81%
8.95%
Free Cash Flow
- -
-247.76%
-294.77%
Net Income, GAAP
- -
49.76%
-21.93%
Sales/Revenue/Turnover
- -
159.27%
44.42%
Total Cash Common Dividend
- -
- -
109.17%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
207
680
1,352
3,032
5,271
2025
2,838
2,605
965
1,204
7,612
2026
1,720
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.02
0.03
0.07
2025
0.02
0.02
0.01
- -
0.05
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -
Business
NationGate Holdings Berhad is a Malaysia-based electronics manufacturing services (EMS) provider specializing in the assembly and testing of electronic components and products. Its core offerings include completed printed circuit boards (PCB), semi-finished sub-assemblies, fully assembled electronic products, and semiconductor devices. The company’s services encompass high-speed Surface Mount Technology (SMT), Chip On Board/Flex (COB/COF), final assembly (box build), precision plastic molding, semiconductor processing, final testing, and advanced laboratory services. NationGate’s value-added services include prototyping for manufacturability, supply chain management, testing and inspection, and packaging. It serves a diverse range of industries, including networking and telecommunications, data computing, industrial instrumentation, consumer electronics, automotive, semiconductor, medical devices, aerospace, AI equipment, Internet of Things (IoT), and household electronics. Founded in 1999 and headquartered in Malaysia, NationGate operates primarily in Malaysia with expanding regional presence. Recent major developments include the acquisition of Hesechan Industries Sdn Bhd in June 2024, which provided a significant manufacturing space expansion with a 272,900 square foot facility in Penang. The company completed a RM429.3 million private placement in mid-2024 to fund the acquisition of electronic components for its EMS activities and to support growth. NationGate is also actively exploring new growth avenues through collaborations and joint ventures, with notable partnerships in the consumer electronics segment with GoldTek Technology and expansion into semiconductor assembly and testing as well as AI computing infrastructure. It has been appointed as an original equipment manufacturer for AI computing, providing a strategic platform to tap into the growing AI market and trade diversion opportunities. NationGate’s product portfolio includes Graphics Processing Unit (GPU) servers and rack servers, underscoring its role in the computing power infrastructure sector. The company is undergoing a transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia to enhance its market profile and investor reach. Overall, NationGate is expanding its manufacturing capabilities and broadening its industry footprint while maintaining a focus on electronic manufacturing services across multiple high-growth technology sectors in Malaysia and neighboring regions.