1. Malaysia Stocks

  2. •

    Energy minerals

  3. •

    Oil refining/Marketing
Hengyuan Refining Company Bhd

Hengyuan Refining Company Bhd

MMYX:HENGYUAN
4.13
MYR
+0.08
(+1.98%)
0.47P/E
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
41.55
40.33
25.67
23.65
32.75
31.78
35.73
20.29
33.95
59.78
43.54
44.21
34.46
31.74
Basic EPS, GAAP
-0.44
-3.36
0.99
0.95
2.63
0.09
0.1
0.71
0.23
-0.45
-1.38
-0.92
-0.68
2.23
Free Cash Flow per Basic Share
-1.18
0.17
1.94
-0.09
0.98
-0.44
2.1
0.64
0.12
-0.38
-0.76
0.09
0.78
0.85
Dividend per Share
0.1
- -
- -
- -
- -
0.02
- -
- -
0.03
0.08
- -
- -
- -
- -
Book Value per Share
4.28
0.92
1.91
2.86
5.06
5.72
5.69
6.13
5.8
3.88
3.97
3.25
1.91
3.72
Tangible Book Value per Share
4.28
0.92
1.91
2.71
4.95
5.65
5.65
6.1
5.77
3.86
3.95
3.24
1.91
3.72
Basic Weighted Avg Shares
354
354
354
354
354
354
354
354
354
354
354
389
382
546
Sales/Revenue/Turnover
14,696
14,263
9,080
8,365
11,583
11,241
12,637
7,176
12,006
21,142
15,399
17,212
13,165
17,333
Operating Margin (%)
-1.28
-4.87
4.49
4.28
8.81
-0.56
0.32
4.01
0.89
-1.79
-3.94
-1.13
-0.19
7.64
Depreciation Expense
147
151
168
195
206
186
144
119
116
113
144
152
171
167
Net Income, GAAP
-156
-1,189
352
335
930
31
35
251
83
-158
-489
-358
-260
1,220
Effective Tax Rate (%)
- -
- -
0.23
- -
4.49
- -
76.14
1.84
35.26
- -
- -
- -
- -
- -
Profit Margin (%)
-1.06
-8.33
3.87
4.01
8.03
0.27
0.28
3.5
0.69
-0.75
-3.17
-2.08
-1.98
7.04
Working Capital
1,039
-61
96
1,435
2,180
1,219
805
834
542
-268
-436
-692
-667
475
LT Debt
1,236
839
450
1,330
1,126
596
609
565
328
605
505
371
199
196
Total Equity
1,513
325
677
1,010
1,789
2,022
2,011
2,168
2,052
1,374
1,403
1,150
1,147
2,235
Return on Invested Capital (%)
- -
- -
19.17
15.6
35.91
- -
0.3
8.83
2.38
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
18.99
16.37
36.38
- -
1.22
8.5
3.13
- -
- -
- -
- -
78.17
Return on Common Equity (%)
-9.69
-129.35
70.23
39.74
66.43
1.62
1.73
12.01
3.92
-9.2
-35.19
-28.01
-22.66
81.26

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,074
1,073
1,025
LT Borrowings
193
194
194
LT Finance Leases
5
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
600
600
600
Market Capitalization
465
840
624

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,291
3,702
2,795
Cash, Cash Equivalents & STI
906
527
824
Accounts Receivable, Net
484
1,754
938
Inventories
834
1,096
951
Total Current Liabilities
2,958
4,111
2,320
Payables & Accruals
- -
- -
- -
ST Debt
1,074
1,073
1,025
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.19%
-10.93%
-0.31%
Free Cash Flow
-184.15%
43.08%
736.61%
Net Income, GAAP
50.5%
-40.37%
-27.22%
Sales/Revenue/Turnover
10.14%
20.9%
-23.51%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,987
4,623
4,121
3,480
17,212
2025
2,401
3,491
3,618
3,656
13,165
2026
4,625
5,435
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.56
-0.42
0.02
-0.92
2025
-0.44
-0.47
0.05
0.14
-0.68
2026
0.83
0.95
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Erkki Tapio Ranta
Full Time Employees
414
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
Level 9, Menara Allianz Sentral (NU Tower 1) Port Dickson NSN Malaysia 50470
IPO Date
Oct 29, 1962
Website
hrc.com.my
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Business
Hengyuan Refining Company Berhad is a Malaysia-based company primarily engaged in petroleum refining and the production of petroleum products. Its core products and services include refining crude oil into a variety of petroleum products such as liquefied petroleum gas (LPG), gasoline, diesel, jet fuel, fuel oil, bitumen, and other related petroleum-based products. The company operates in the energy sector, serving both industrial and commercial customers in Malaysia and the surrounding region. Founded in 1982 and headquartered in Johor Bahru, Malaysia, Hengyuan Refining Company Berhad operates significant refining facilities and is a key player in Malaysia’s downstream oil industry. The company’s business segments include refining and marketing of petroleum products, providing fuel supply to various industries including transportation and manufacturing. In recent developments within the last 1-2 years, Hengyuan Refining Company Berhad has undertaken strategic initiatives to expand its operational capabilities and strengthen its market position, including infrastructure upgrades at its refining complex and enhanced corporate partnerships to improve supply chain efficiencies. There have been no widely reported major acquisitions or name changes, but the company has focused on increasing production capacity and sustainability measures in response to evolving market demands. Hengyuan continues to focus on delivering high-quality petroleum products with a consistent supply to its domestic and regional customers, aligning with industry trends on energy efficiency and environmental compliance. The company maintains its strategic importance as a Malaysian energy supplier and continues to evaluate growth opportunities in Southeast Asia.