Leform Bhd

Leform Bhd

MMYX:LEFORM
0.17
MYR
0.00
(0.00%)
75.17P/E
Leform Bhd
MYX:LEFORM
(Bursa Malaysia)

Recent

price

0.17

P/E

ratio

75.17

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
MYR
0.23
0.24
0.25
0.31
0.25
0.27
0.22
0.19
Revenue per Share
- -
- -
0.03
-0.01
- -
- -
- -
-0.01
Basic EPS, GAAP
-0.01
0.02
0.02
-0.08
0.01
0.02
0.03
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.01
- -
- -
- -
Dividend per Share
0.08
0.08
0.11
0.16
0.14
0.15
0.14
0.15
Book Value per Share
0.08
0.08
0.11
0.15
0.14
0.15
0.14
0.14
Tangible Book Value per Share
1,481
1,481
1,481
1,197
1,481
1,481
1,481
1,525
Basic Weighted Avg Shares
345
355
374
373
370
404
323
297
Sales/Revenue/Turnover
2.76
5.37
16.03
-1.28
-1.75
1.71
0.48
-0.54
Operating Margin (%)
9
8
9
8
8
7
8
- -
Depreciation Expense
-2
7
45
-7
-5
2
-5
-8
Net Income, GAAP
234.47
33.06
26.61
- -
- -
12.5
- -
56.46
Effective Tax Rate (%)
-0.45
1.92
11.92
-1.94
-1.34
0.6
-1.63
-2.81
Profit Margin (%)
6
14
71
130
74
60
47
67
Working Capital
22
19
31
29
6
9
11
8
LT Debt
121
126
170
234
216
221
215
238
Total Equity
- -
4.3
13.74
- -
- -
1.52
- -
- -
Return on Invested Capital (%)
- -
4.17
15.05
- -
- -
3.33
- -
- -
Return on Capital (%)
- -
5.61
30.66
-3.64
-2.22
1.12
-2.42
-3.65
Return on Common Equity (%)

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
138
140
160
LT Borrowings
5
- -
- -
LT Finance Leases
6
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,481
1,629
1,629
Market Capitalization
259
269
269

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
225
233
276
Cash, Cash Equivalents & STI
13
24
22
Accounts Receivable, Net
64
74
100
Inventories
123
129
151
Total Current Liabilities
178
166
209
Payables & Accruals
- -
- -
- -
ST Debt
138
140
160
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.99%
-2.55%
Free Cash Flow
- -
-86.49%
51.9%
Net Income, GAAP
- -
-11.69%
-316.98%
Sales/Revenue/Turnover
- -
-1.3%
-20.17%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
107
97
92
108
404
2025
83
82
85
73
323
2026
55
84
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Leform Berhad is a Malaysia-based integrated manufacturer and trader of steel products, specializing in electric resistance welding (ERW) steel pipes, steel hollow sections, guardrails, flat steel products including slitted steel coils and sheets, as well as various steel sections such as gate channels, trolley tracks, and U-channels. The company serves diverse end-user industries including furniture manufacturing, construction, industrial product manufacturing, and automotive parts sectors. Its operations span manufacturing, trading, and transport services, with processing facilities located in Malaysia and export markets that include New Zealand, Singapore, and Cambodia. Founded in 1995 and headquartered in Serendah, Selangor, Leform Berhad is a subsidiary of Tianwen Holdings Sdn Bhd. Leform Berhad has a comprehensive product portfolio comprising cylindrical-shaped steel pipes made from hot rolled and cold rolled steel, pre-coated for corrosion protection, and steel guardrails. The company offers integrated services including production, trading, and delivery logistics, supported by ISO 9001:2015 accreditation and conformance to Japanese Industrial Standards. In the past two years, Leform Berhad has demonstrated a strategic focus on growth and operational efficiency. It reported a financial turnaround with a net profit of RM2.42 million in 2024, recovering from losses in preceding years, driven by increased revenue from both manufacturing and trading segments. The company experienced higher volume demand despite some challenges due to lower average selling prices. Recent financial and operational updates highlight an expansion in product demand and improved profit margins, supported by dividends from subsidiaries and continued market diversification. There are ongoing efforts to enhance production capacity and market reach to secure a stronger competitive position in the regional steel industry. Leform Berhad maintains a diverse and stable customer base that includes building material suppliers, steel trading companies, manufacturers, and contractors. Its vertically integrated business model, with well-equipped processing facilities and robust supply chain management, enables consistent quality control and competitive pricing. The company also provides ancillary services such as scaffolding rentals and transportation to support its core steel product offerings. Overall, Leform Berhad operates within manufacturing, trading, and transportation segments of the steel industry, focusing on innovation, quality, and market expansion primarily in Malaysia and select international markets, continuing to leverage its established reputation as a reliable local steel product manufacturer and trader.