1. Malaysia Stocks

  2. •

    Non-energy minerals

  3. •

    Forest products
Jaya Tiasa Holdings Bhd.

Jaya Tiasa Holdings Bhd.

MMYX:JTIASA
0.90
MYR
+0.01
(+1.13%)
9.84P/E
Dec 01Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.07
1.07
1.06
1.01
0.87
0.66
0.73
0.75
0.84
0.88
1.05
1.21
- -
1.18
Basic EPS, GAAP
0.05
0.03
0.06
0.01
-0.07
-0.27
-0.07
0.03
0.14
0.16
0.13
0.18
- -
0.11
Free Cash Flow per Basic Share
- -
-0.08
0.04
0.06
0.09
0.03
0.18
0.15
0.32
0.27
0.32
0.35
- -
0.21
Dividend per Share
0.01
0.02
0.01
0.01
0.01
0.01
- -
- -
- -
0.04
0.04
0.07
- -
0.07
Book Value per Share
1.81
1.83
1.87
1.58
1.51
1.21
1.15
1.18
1.31
1.42
1.52
1.63
1.69
1.69
Tangible Book Value per Share
1.67
1.76
1.81
1.58
1.51
1.21
1.15
1.18
1.31
1.42
1.52
1.63
1.69
1.69
Basic Weighted Avg Shares
968
968
968
968
968
968
968
968
968
968
968
968
- -
957
Sales/Revenue/Turnover
1,033
1,032
1,023
981
842
638
702
723
811
855
1,016
1,167
1,131
1,131
Operating Margin (%)
9.42
7.13
11.88
9.81
0.01
-21.53
3.03
20.17
27.18
22.02
20.55
20.6
13.31
13.31
Depreciation Expense
87
98
96
108
174
180
176
157
152
135
138
155
146
146
Net Income, GAAP
53
32
54
12
-71
-266
-72
32
135
152
129
176
102
102
Effective Tax Rate (%)
30.43
34.47
30.69
70.9
- -
- -
- -
57.73
32.98
8.99
35.6
28.51
38.7
38.7
Profit Margin (%)
5.14
3.06
5.29
1.24
-8.44
-41.72
-10.27
4.46
16.6
17.75
12.69
15.07
9.03
9.03
Working Capital
-424
-524
-428
-336
-320
-698
-626
-346
219
208
250
304
399
399
LT Debt
317
383
565
589
580
284
231
279
515
292
137
3
4
4
Total Equity
1,755
1,775
1,823
1,540
1,459
1,169
1,109
1,139
1,270
1,378
1,515
1,625
1,631
1,631
Return on Invested Capital (%)
2.62
1.81
2.98
1.01
- -
- -
- -
3.33
8.12
9.6
7.82
10.28
5.65
5.65
Return on Capital (%)
2.59
1.96
3.15
0.93
- -
- -
- -
2.47
8.49
9.76
8.19
10.77
6.28
6.28
Return on Common Equity (%)
3.07
1.8
3.02
0.73
-4.76
-20.24
-6.32
2.87
11.16
11.46
9.04
11.51
6.44
6.44

Capital Structure

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
3
3
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
964
956
940
Market Capitalization
1,012
1,156
988

Working Capital

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
579
514
535
Cash, Cash Equivalents & STI
397
350
369
Accounts Receivable, Net
52
39
52
Inventories
120
113
90
Total Current Liabilities
123
88
136
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.55%
7.52%
0.4%
Free Cash Flow
60.22%
18.06%
-42.57%
Net Income, GAAP
-39.77%
61.91%
-41.93%
Sales/Revenue/Turnover
1.87%
9.63%
-3.08%
Total Cash Common Dividend
- -
- -
-0.56%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
248
333
210
225
1,016
2025
272
387
245
263
1,167
2026
283
329
232
286
1,131

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.05
0.01
- -
0.13
2025
0.07
0.08
0.04
-0.01
0.18
2026
0.06
0.07
- -
-0.01
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
0.03
- -
0.04
2025
0.04
- -
0.03
- -
0.07
2026
0.04
- -
0.03
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kee Mou Jin
Full Time Employees
199
Sector
Non-energy minerals
Industry
Forest products
Address
No. 1-9, Pusat Suria Permata Sibu SA Malaysia 96000
IPO Date
Jan 3, 1984
Website
jayatiasa.net
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Business
Jaya Tiasa Holdings Berhad is a Malaysian investment holding company primarily engaged in oil palm plantation operations and downstream wood-based product manufacturing. The company’s core products include crude palm oil (CPO), fresh fruit bunches (FFB), and palm kernel produced from its 10 MSPO-certified oil palm plantations and four palm oil mills with a combined processing capacity of 1.782 million metric tons of FFB annually. It also manufactures and trades wood-based products such as sawn timber, blockboard, plywood, veneer, and related items through its subsidiaries. Additionally, Jaya Tiasa provides air transportation, management services, fabrication, and workshop services. It has recently diversified into property development with a land acquisition in Sibu for mixed-use development, marking a strategic expansion beyond its traditional plantation and timber sectors. The company operates mostly within Sarawak, Malaysia, managing a significant land bank of approximately 83,483 hectares dedicated to oil palm and forestry plantations. Founded in 1981 and headquartered in Kuching, Sarawak, Jaya Tiasa focuses on sustainable palm oil production, being one of the certified producers under Malaysia Sustainable Palm Oil (MSPO). Despite challenges such as declining fresh fruit bunch production and regulatory impacts, the company maintains stable CPO production by outsourcing some FFB. Jaya Tiasa recently faced operational risks flagged in its timber subsidiary Subur Tiasa, reflecting ongoing financial uncertainties there. Nonetheless, the group reported record full-year 2025 profits alongside rising revenue, with continued focus on sustainable practices and business diversification including property development. Recent major changes include the June 2025 land purchase in Sibu for mixed development indicating a strategic pivot into property alongside its core plantation business. The company also encounters impacts from expanded Sales and Services Tax (SST) on FFB products effective July 2025 and increased market pressures from RSPO certification affecting domestic demand for palm oil products. Jaya Tiasa continues to pursue shareholder approvals for share repurchase programs and maintains steady dividend payouts, reinforcing its commitment to shareholder value while navigating operating sector dynamics. The firm’s strategic outlook balances capitalizing on sustainable palm oil production and wood-based manufacturing with growth through diversification into real estate development.