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Malaysian Resources Corp. Bhd.

Malaysian Resources Corp. Bhd.

1651.KL
Malaysian Resources Corp. Bhd.MY flagMalaysian Stock Exchange
0.33
MYR
- -
- -
1.47BMarket Cap
Malaysian Resources Corp. Bhd.
1651.KL
(Malaysian Stock Exchange)

Recent

price

0.33

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.72
0.77
0.78
0.55
0.77
0.83
1.24
1.03
0.43
0.3
0.27
0.33
0.72
0.57
0.37
0.27
0.29
Revenue per Share
0.05
0.06
0.04
-0.06
0.08
0.16
0.14
0.06
0.02
0.01
-0.04
- -
0.01
0.02
0.01
0.01
0.01
Basic EPS, GAAP
0.08
-0.22
-0.21
0.02
-0.08
0.02
0.01
-0.51
0.21
-0.06
0.04
-0.05
- -
0.11
-0.07
-0.12
- -
Free Cash Flow per Basic Share
0.01
0.01
0.01
0.02
0.01
0.02
0.02
0.02
0.02
0.02
0.01
- -
0.01
0.01
0.01
0.01
- -
Dividend per Share
0.75
0.75
0.78
0.81
0.82
0.91
1.3
1.87
1.1
1.08
1.03
1.02
1.02
1.03
1.03
1.03
1.03
Book Value per Share
0.23
0.04
0.89
0.85
0.28
0.38
0.82
1.84
1.06
1.04
0.98
0.97
0.97
0.99
1.01
1
1.01
Tangible Book Value per Share
1,485
1,587
1,589
1,695
1,958
2,046
1,938
2,556
4,392
4,406
4,412
4,447
4,468
4,468
4,468
4,468
4,468
Basic Weighted Avg Shares
1,068
1,227
1,244
941
1,515
1,697
2,408
2,641
1,871
1,319
1,199
1,448
3,205
2,537
1,645
1,198
1,299
Sales/Revenue/Turnover
10.87
9.8
15.7
-0.91
14.63
9.43
11.36
5.58
5.14
4.99
2.2
-3.74
5.96
2.05
3.07
4.52
14.02
Operating Margin (%)
14
11
12
21
31
34
28
31
31
61
60
55
61
69
48
43
- -
Depreciation Expense
74
94
60
-109
153
330
267
162
101
24
-177
16
65
101
64
47
42
Net Income, GAAP
24.37
12.43
28.26
- -
24.15
1.64
18.73
25.55
37.47
64.7
- -
89.04
65.31
24.7
15.32
35.71
45.83
Effective Tax Rate (%)
6.91
7.62
4.83
-11.6
10.08
19.47
11.1
6.13
5.41
1.8
-14.79
1.09
2.02
3.98
3.87
3.95
3.25
Profit Margin (%)
764
637
405
18
694
398
729
1,967
1,258
1,410
1,328
1,200
850
1,252
1,359
933
1,112
Working Capital
1,662
2,391
905
916
2,300
2,346
2,133
893
766
1,061
1,372
1,485
1,257
1,518
1,712
1,549
1,754
LT Debt
1,321
1,410
1,483
1,737
2,065
2,313
3,024
4,922
4,900
4,796
4,561
4,540
4,537
4,600
4,620
4,621
4,625
Total Equity
3.04
2.81
3.13
- -
3.06
2.75
3.81
1.53
0.82
0.35
- -
-0.09
1.01
0.6
0.64
0.5
1.38
Return on Invested Capital (%)
3.77
2.87
1.22
- -
3.59
7.35
5.27
2.39
1.62
0.66
- -
0.46
1.33
1.96
1.41
1.07
1.52
Return on Capital (%)
8.68
8.09
4.92
-8.32
10.24
19.01
12.19
4.43
2.1
0.49
-3.81
0.35
1.43
2.21
1.38
1.02
0.91
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
824
1,035
1,069
LT Borrowings
1,492
1,522
1,727
LT Finance Leases
30
28
27
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,468
4,468
4,468
Market Capitalization
2,345
1,698
1,184

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,495
3,580
3,714
Cash, Cash Equivalents & STI
649
448
664
Accounts Receivable, Net
1,296
737
1,359
Inventories
681
401
396
Total Current Liabilities
2,199
2,647
2,602
Payables & Accruals
- -
- -
- -
ST Debt
824
1,035
1,069
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.74%
0.27%
0.02%
Free Cash Flow
-860.58%
-606.14%
61.74%
Net Income, GAAP
-82.6%
38.75%
-25.68%
Sales/Revenue/Turnover
4.27%
11.77%
-27.2%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
476
372
426
371
1,645
2025
218
298
310
372
1,198
2026
319
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
- -
- -
0.01
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
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Business
Malaysian Resources Corporation Berhad (MRCB) is an investment holding company engaged in property development and investment, engineering, construction and environment, infrastructure and concessions, and facilities management primarily in Malaysia. The company develops and invests in transit-oriented developments (TODs), commercial properties, residential projects, and mixed-use developments including Kuala Lumpur Sentral, Penang Sentral, and Ipoh Sentral; provides engineering, construction, and environmental services encompassing complex structures, power transmission grids, river rehabilitation, flood mitigation, and civil works; operates the Eastern Dispersal Link Expressway in Johor Bahru for toll revenue collection; and offers facilities management, security, maintenance, and property services for transportation hubs, commercial buildings, residential properties, and car parks. It also undertakes transmission line and substation engineering, ceramic tile manufacturing and distribution, modular building systems, chilled water supply, real estate investment trust management, and ancillary services such as auxiliary police and Malaysia My Second Home program promotion. Founded in 1968 and headquartered in Kuala Lumpur, MRCB employs around 1,770 people and focuses on sustainable urban infrastructure and TOD projects serving government, commercial, and residential customers across Malaysia with selective international expansion into Australia and New Zealand. Recent developments include a July 2025 joint venture agreement through subsidiary Country Annexe Sdn Bhd with Ipoh Sentral Sdn Bhd for the RM6.25 billion gross development value Ipoh Sentral TOD project spanning 296,727 sq m; a May 2025 RM2.94 billion letter of acceptance for the Kompleks Sukan Shah Alam redevelopment including stadium construction, demolition, parking, open spaces, and Jubilee Park paid via up to RM200 million land swap and cash balance for completion by 2029; secured construction contracts totaling RM5.6 billion year-to-date with potential addition of RM1 billion from Kuala Lumpur Sentral redevelopment bringing the order book toward RM6.6 billion; and 2025 plans for RM3.5 billion in industrial project launches plus bids worth RM1.7 billion in transportation, flood prevention, water infrastructure, and solar energy.