DRB-Hicom Bhd.

DRB-Hicom Bhd.

MMYX:DRBHCOM
0.82
MYR
+0.00
(-0.61%)
4.61P/E
Nov 19Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.79
7.35
7.08
6.3
6.24
6.34
6.01
6.8
6.4
8.02
8.2
8.37
8.95
10
Basic EPS, GAAP
0.3
0.24
0.16
-0.47
-0.2
0.26
0.1
0.3
-0.14
0.1
0.14
0.03
0.23
0.23
Free Cash Flow per Basic Share
-0.21
-1.3
-0.01
-0.63
-0.3
0.22
-0.96
0.32
-0.14
-0.34
1.37
0.34
0.77
0.61
Dividend per Share
0.03
0.05
0.06
0.06
0.02
0.01
0.03
0.04
0.03
0.02
0.02
0.2
0.04
0.01
Book Value per Share
3.66
3.78
4.34
3.93
3.65
3.96
4.02
4.07
3.73
3.99
4.4
4.3
4.51
4.81
Tangible Book Value per Share
3.1
3.05
3.47
2.91
2.53
2.99
3.18
3.34
2.95
3.19
3.39
3.57
3.87
4.17
Basic Weighted Avg Shares
1,933
1,933
1,933
1,933
1,933
1,933
1,933
1,933
1,933
1,933
1,933
1,933
1,933
1,933
Sales/Revenue/Turnover
13,135
14,201
13,688
12,173
12,058
12,251
11,621
13,156
12,378
15,512
15,851
16,191
17,310
19,324
Operating Margin (%)
2.54
1.88
0.27
-9.34
-6.75
2.98
1.93
5.36
0.1
2.83
2.79
1.73
3.86
7.78
Depreciation Expense
771
743
677
737
917
912
888
950
953
948
1,022
1,191
1,240
1,236
Net Income, GAAP
575
462
315
-916
-336
510
202
586
-273
196
267
60
435
436
Effective Tax Rate (%)
32.62
18.89
23.27
- -
- -
32.27
115
- -
- -
28.99
11.75
57.24
9.96
13.61
Profit Margin (%)
4.38
3.25
2.3
-7.52
-2.79
4.16
1.74
4.46
-2.2
1.26
1.69
0.37
2.51
2.26
Working Capital
-10,872
-11,292
-12,658
-14,686
-13,069
-11,445
-12,386
-12,653
-14,298
-16,136
-20,737
-25,687
-28,058
-27,989
LT Debt
3,668
5,360
4,832
4,303
4,105
3,465
3,548
4,872
5,714
6,324
5,958
6,430
6,923
6,707
Total Equity
8,322
8,512
9,352
8,502
10,170
10,098
10,016
9,857
9,098
9,688
10,617
10,287
10,824
11,721
Return on Invested Capital (%)
1.58
1.4
0.18
- -
- -
1.52
-0.21
- -
- -
1.76
2.16
0.66
3.22
6.73
Return on Capital (%)
4.76
3.67
3.36
- -
- -
6.59
1.85
- -
- -
2.61
3.35
1.31
3.97
3.39
Return on Common Equity (%)
8.45
6.43
4.01
-11.46
-5.14
6.93
2.62
7.5
-3.62
2.63
3.29
0.71
5.11
4.93

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,739
1,673
1,975
LT Borrowings
6,638
6,715
6,449
LT Finance Leases
285
272
258
Preferred Equity and Hybrid Capital
669
669
669
Shares Outstanding
1,933
1,933
1,933
Market Capitalization
2,011
2,107
2,011

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,875
15,976
17,839
Cash, Cash Equivalents & STI
7,490
6,748
7,935
Accounts Receivable, Net
2,349
2,802
3,139
Inventories
2,420
2,543
2,779
Total Current Liabilities
44,933
43,928
45,828
Payables & Accruals
- -
- -
- -
ST Debt
1,739
1,673
1,975
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.79%
2.1%
5.22%
Free Cash Flow
569.73%
-93.47%
126.95%
Net Income, GAAP
-30.83%
53.64%
627.82%
Sales/Revenue/Turnover
2.83%
6.13%
6.91%
Total Cash Common Dividend
- -
- -
-81.28%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,333
3,758
4,134
3,966
16,191
2025
4,114
4,136
4,489
4,570
17,310
2026
4,761
5,503
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
- -
-0.02
0.03
2025
0.01
0.03
- -
0.18
0.23
2026
0.03
0.02
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
0.01
- -
0.04
2026
- -
- -
- -
- -
- -

Company Description

CEO
Faisal Albar bin Ali Rethza Albar
Full Time Employees
39,610
Sector
Consumer durables
Industry
Motor vehicles
Address
Wisma DRB-HICOM Shah Alam SE Malaysia 40150
IPO Date
Sep 4, 1992
Business
DRB-HICOM Berhad is a Malaysian conglomerate primarily engaged in the automotive manufacturing, assembly, and distribution industry, with additional operations in aerospace and defense, banking, postal services, and property development. The company manufactures and distributes passenger cars, motorcycles, four-wheel drives, trucks, and buses under various brands including Proton, Honda, Hyundai, Mitsubishi, Isuzu, and Citroen. It also produces military vehicles, car parts, and accessories, and provides services such as general insurance underwriting, electrical and engineering product distribution, solid waste management, and vehicle inspection. DRB-HICOM operates mainly in Malaysia with expanding activities in the ASEAN region and China. Founded in 1990 and headquartered in Shah Alam, Selangor, DRB-HICOM is a majority shareholder in Proton, sharing ownership with Zhejiang Geely Holding Group since 2017. In recent years, DRB-HICOM has pursued a rationalization strategy focusing on disposing of non-core assets and enhancing operational efficiency while injecting new business lines to drive growth and profitability. Key recent moves include expanding research and development capabilities through a new R&D center in China to facilitate cross-border collaboration and build regional competencies. The company emphasizes advancing digital transformation across core sectors such as banking and postal services to improve operational efficiency. DRB-HICOM recently acquired Spirit AeroSystems Malaysia Sdn Bhd to strengthen its aerospace composites expertise and global supply chain positioning. Despite market challenges, the company targets increased sales volumes, with Honda Malaysia aiming to sell 95,000 units in 2025, up from 80,027 units in 2023. The group maintains its focus on cost management in aerospace, defense, services, and properties while continuing to develop residential and commercial property projects. DRB-HICOM’s automotive segment remains the main profit contributor, supplemented by banking growth through entities like Bank Muamalat and ongoing strategic partnerships in the automotive and aerospace sectors. The company trades on Bursa Malaysia (ticker 1619.KL) and continues to adapt to economic conditions with initiatives to reduce import dependence by strengthening relationships with local suppliers and investing in automation to improve manufacturing capacity and efficiency.