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    Industrial services

  3. •

    Engineering & construction
Gabungan AQRS Bhd.

Gabungan AQRS Bhd.

MMYX:GBGAQRS
0.15
MYR
+0.00
(-3.33%)
16.57P/E
Dec 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.1
1.43
0.69
0.83
1.11
1.22
0.84
0.41
0.61
0.62
0.57
0.45
- -
0.27
Basic EPS, GAAP
0.12
0.14
-0.02
0.06
0.16
0.13
0.07
-0.11
0.03
0.04
0.03
-0.03
- -
0.01
Free Cash Flow per Basic Share
-0.24
-0.06
-0.18
0.07
0.35
-0.06
-0.09
-0.04
- -
-0.06
0.02
-0.15
- -
-0.11
Dividend per Share
0.01
0.02
- -
- -
0.02
0.05
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.69
0.83
0.81
0.63
0.86
0.97
1.03
0.88
0.88
0.92
0.95
0.93
0.94
0.94
Tangible Book Value per Share
0.69
0.83
0.81
0.63
0.79
0.91
0.97
0.83
0.83
0.87
0.9
0.88
0.89
0.89
Basic Weighted Avg Shares
370
375
397
398
417
478
490
493
530
543
543
543
- -
547
Sales/Revenue/Turnover
406
534
273
330
462
585
414
202
325
338
309
246
146
146
Operating Margin (%)
13.61
20.41
-1.29
15.19
18.7
12.28
9.58
-29.5
7.33
7.43
7.2
2.85
18.12
17.3
Depreciation Expense
3
6
12
15
15
13
11
6
7
7
6
6
5
5
Net Income, GAAP
43
53
-10
23
67
61
36
-54
16
20
14
-16
5
5
Effective Tax Rate (%)
29.17
31.01
- -
35.2
31.4
25.13
27.36
- -
37.51
11.87
33.59
874.38
35.62
35.62
Profit Margin (%)
10.54
9.91
-3.55
6.86
14.5
10.46
8.77
-26.83
4.85
5.99
4.44
-6.41
3.61
3.61
Working Capital
228
204
214
242
329
406
436
361
391
413
435
535
644
644
LT Debt
34
13
82
73
29
29
23
19
3
2
5
115
217
217
Total Equity
262
341
322
256
402
477
515
442
482
502
515
504
509
509
Return on Invested Capital (%)
11.27
15.97
- -
5.59
10.43
8.36
3.95
- -
2.07
2.86
1.87
-1.14
1.83
1.75
Return on Capital (%)
11.01
8.07
- -
4.7
12.84
9.64
5.3
- -
2.61
3.58
2.69
-19.4
2.26
2.26
Return on Common Equity (%)
18.36
18.12
-2.95
7.9
20.78
14.14
7.4
-11.49
3.45
4.13
2.71
-3.1
1.04
1.04

Capital Structure

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
298
315
238
LT Borrowings
122
119
214
LT Finance Leases
3
2
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
543
543
543
Market Capitalization
98
79
87

Working Capital

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
1,303
1,308
1,318
Cash, Cash Equivalents & STI
168
141
144
Accounts Receivable, Net
526
542
554
Inventories
392
390
401
Total Current Liabilities
757
764
675
Payables & Accruals
- -
- -
- -
ST Debt
298
315
238
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.37%
2.95%
1.05%
Free Cash Flow
156.66%
282.81%
-30.69%
Net Income, GAAP
-91.79%
-96.22%
-133.48%
Sales/Revenue/Turnover
0.25%
-0.98%
-40.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
39
71
41
95
246
2026
48
38
28
32
146

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.01
- -
-0.01
- -
-0.03
2026
- -
- -
- -
0.01
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Azizan bin Jaafar
Full Time Employees
256
Sector
Industrial services
Industry
Engineering & construction
Address
G-58, Blok G Petaling Jaya Malaysia 47810
IPO Date
Jul 31, 2012
Website
gbg.com.my
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Business
Gabungan AQRS Berhad is a Malaysia-based investment holding company principally engaged in construction, property development, property investment and management services. Incorporated in 2010 and headquartered in Petaling Jaya, Selangor, the company operates through three main segments: construction, which involves securing and executing contracts for civil infrastructure including urban highways, urban railways, national railways, expressways such as Sungai Besi-Ulu Kelang Elevated Expressway (SUKE), rail projects like East Coast Rail Link (ECRL), Klang Valley Mass Rapid Transit (KVMRT), Line Rapid Transit 3 (KVLRT3), Pusat Pentadbiran Sultan Ahmad Shah (PPSAS), as well as high-rise buildings, apartments like Solitaire Suites and Teringin Sentral; property development, focused on residential and commercial properties including ongoing projects such as E’Island Lake Haven in Puchong, The Peak in Johor Bahru City Centre with RM1.1 billion gross development value (GDV), upcoming Serena Gambang township with RM382 million GDV, and completed unsold inventories like Contours in Melawati Heights and Kinrara Uptown; and other activities encompassing mechanical and electrical engineering, project management, precast concrete manufacturing through subsidiary SEDCO Precast Sdn Bhd in Sabah, and strategic investments. Key subsidiaries include Gabungan Strategik Sdn Bhd, Motibina Sdn Bhd, GBG Properties (Sabah) Sdn Bhd, AQRS The Building Company Sdn Bhd, Gabungan AQRS Properties Sdn Bhd and Gabungan AQRS Management Sdn Bhd. Recent developments include a July 2024 RM125 million seven-year term loan from Maybank to accelerate The Peak construction targeting full completion in 2025, a December 2025 joint venture agreement with Rising Charm unit for commercial development on a 7.92-acre site in Bangi, Selangor, an agreement with a Bangi landowner for joint commercial undertaking, upcoming handovers of LRT3 and E’Island Lake Haven projects generating RM17.7 million and RM74.6 million respectively, and a healthy construction orderbook of RM362 million sustaining earnings to FYE 2026.