Hiap Teck Venture Bhd.

Hiap Teck Venture Bhd.

MMYX:HIAPTEK
0.24
MYR
+0.01
(+2.13%)
3.93P/E
Dec 10Next 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
1.56
1.57
1.76
0.89
0.83
0.85
0.89
0.7
0.76
0.91
0.91
0.97
0.83
0.87
Basic EPS, GAAP
0.03
0.06
-0.11
-0.03
-0.08
0.02
0.02
- -
0.12
0.09
0.02
0.06
0.06
0.08
Free Cash Flow per Basic Share
0.01
0.16
0.09
0.07
0.02
-0.09
0.03
0.08
0.01
-0.12
0.03
-0.01
0.05
-0.04
Dividend per Share
0.01
0.01
0.01
- -
- -
- -
0.01
- -
- -
0.01
0.01
- -
- -
- -
Book Value per Share
1.27
1.34
1.22
0.71
0.62
0.63
0.64
0.64
0.65
0.73
0.74
0.79
0.85
0.91
Tangible Book Value per Share
1.27
1.34
1.22
0.71
0.62
0.63
0.64
0.64
0.65
0.73
0.74
0.79
0.85
0.91
Basic Weighted Avg Shares
708
709
713
1,283
1,288
1,321
1,338
1,341
1,415
1,734
1,742
1,742
1,742
1,742
Sales/Revenue/Turnover
1,107
1,110
1,258
1,138
1,074
1,128
1,187
933
1,082
1,583
1,585
1,683
1,438
1,524
Operating Margin (%)
5.67
6.82
2.01
9.34
15.9
10.61
6.62
2.84
12.13
9.35
0.34
3.85
-0.89
1.09
Depreciation Expense
22
24
24
22
15
13
10
14
14
13
15
20
29
32
Net Income, GAAP
24
46
-77
-42
-103
28
25
4
163
156
31
106
109
137
Effective Tax Rate (%)
29.03
8.6
- -
- -
- -
43.78
36.61
47.05
15.97
17.66
- -
8.55
- -
2.21
Profit Margin (%)
2.19
4.1
-6.13
-3.65
-9.59
2.48
2.13
0.46
15.11
9.85
1.95
6.32
7.59
9.01
Working Capital
225
191
403
500
496
181
217
194
376
440
363
320
245
251
LT Debt
124
128
131
166
25
21
19
- -
- -
4
3
2
29
26
Total Equity
909
953
873
913
807
836
862
861
1,126
1,272
1,286
1,385
1,485
1,594
Return on Invested Capital (%)
3.03
4.57
- -
- -
- -
4.94
3.38
0.98
7.6
7.11
- -
3.14
- -
0.8
Return on Capital (%)
2.81
4.53
- -
- -
- -
3.04
2.86
1.05
12.01
9.74
- -
6.76
- -
7.68
Return on Common Equity (%)
2.71
4.9
-8.45
-4.66
-11.97
3.4
2.98
0.5
16.44
13
2.42
7.97
7.61
8.98

Capital Structure

MYR

•

in mil. unless spec.
Oct'26
Jan'26
Apr'26
ST Debt
452
492
518
LT Borrowings
26
25
25
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,742
1,742
1,742
Market Capitalization
497
470
540

Working Capital

MYR

•

in mil. unless spec.
Oct'26
Jan'26
Apr'26
Total Current Assets
757
796
819
Cash, Cash Equivalents & STI
74
102
92
Accounts Receivable, Net
331
357
374
Inventories
342
336
351
Total Current Liabilities
503
547
568
Payables & Accruals
- -
- -
- -
ST Debt
452
492
518
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.93%
11.95%
7.23%
Free Cash Flow
-342.92%
-552.62%
-873.19%
Net Income, GAAP
375.61%
774.81%
2.6%
Sales/Revenue/Turnover
2.77%
10.81%
-14.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
408
459
400
417
1,683
2025
402
348
345
343
1,438
2026
384
397
400
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.01
0.03
0.03
0.06
2025
0.02
0.01
0.02
0.01
0.06
2026
0.02
0.04
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

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

Company Description

CEO
Tien Seng
Full Time Employees
678
Sector
Distribution services
Industry
Wholesale distributors
Address
Lot 6096, Jalan Haji Abdul Manan Klang SE Malaysia 41050
IPO Date
Aug 12, 2003
Business
Hiap Teck Venture Berhad is a Malaysian steel company primarily engaged in the manufacturing, renting, distribution, and sales of steel pipes, hollow sections, scaffolding equipment and accessories, as well as other steel products. The company operates through several segments including Trading, Manufacturing, Property and Investment, Transportation, and Mining and Exploration. Its product portfolio comprises steel pipes, hollow steel sections, scaffolding systems under the Huatraco brand, and steel slabs and billets. The company also provides transportation services via trucks and trailers, scaffolding works, and property investments. It serves diverse industries such as infrastructure, oil and gas, construction, furniture, water reticulation, power plants, and shipbuilding. Hiap Teck Venture operates domestically in Malaysia with subsidiaries including Alpine Pipe Manufacturing Sdn Bhd and Eastern Steel Sdn Bhd, the latter being a joint venture with Beijing Jianlong Group of China. Founded in 1993, the company is headquartered in Klang, Malaysia. Recent major developments at Hiap Teck Venture Berhad include a strong financial performance in the fiscal year ended July 2024, where net profit more than tripled to RM106.3 million from RM30.91 million a year earlier, supported by stable steel prices, improved profit margins, and increased sales volumes. The company declared a first and final single-tier dividend of 0.5 sen per share for the fiscal year 2024. Strategic expansions are reflected in its ongoing ventures such as the joint venture for an integrated iron and steel mill with Beijing Jianlong Group, enhancing steel production capacity. The group sustained operational growth with diversified business segments including mining and exploration activities, and continued investment in infrastructure and logistics capabilities near Port Klang. These expansions and financial improvements position Hiap Teck Venture as a leading player in the Malaysian steel industry with growing regional significance.