Nationgate Holdings Berhad

Nationgate Holdings Berhad

MMYX:NATGATE
2.05
MYR
-0.02
(-0.97%)
66.35P/E
Dec 02Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
32.56
56.56
76
0.46
0.31
2.45
3.35
2.49
Basic EPS, GAAP
0.53
3.06
5.73
0.04
0.03
0.07
0.05
0.01
Free Cash Flow per Basic Share
-4.88
0.61
0.27
-0.01
0.05
0.28
-0.51
-0.08
Dividend per Share
- -
- -
0.5
0.01
0.02
0.01
0.02
0.02
Book Value per Share
0.04
0.05
0.08
0.11
0.2
0.42
0.45
0.44
Tangible Book Value per Share
0.04
0.05
0.08
0.11
0.2
0.42
0.44
0.43
Basic Weighted Avg Shares
10
10
10
2,074
2,061
2,154
2,276
2,270
Sales/Revenue/Turnover
326
566
761
946
638
5,271
7,612
5,658
Operating Margin (%)
2.96
6.58
9.17
12.34
12.23
4.5
2.77
1.23
Depreciation Expense
16
20
26
35
42
50
55
64
Net Income, GAAP
5
31
57
85
61
160
125
30
Effective Tax Rate (%)
16.72
6.79
4.97
18.17
13.63
22.32
27.57
14.56
Profit Margin (%)
1.61
5.41
7.53
9.02
9.53
3.04
1.64
0.54
Working Capital
-13
8
36
52
190
667
682
622
LT Debt
45
78
87
76
28
38
119
155
Total Equity
85
112
158
229
422
972
1,059
1,028
Return on Invested Capital (%)
- -
14.97
20.19
20
12.09
14.33
7.91
3.13
Return on Capital (%)
- -
15
18.87
20.05
12.56
12.75
7.84
3.55
Return on Common Equity (%)
- -
31.01
42.8
44.3
18.89
23.52
12.77
3

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
639
861
768
LT Borrowings
106
109
137
LT Finance Leases
13
7
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,263
2,263
2,263
Market Capitalization
2,014
1,471
2,014

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,450
2,098
2,660
Cash, Cash Equivalents & STI
418
588
321
Accounts Receivable, Net
814
836
1,522
Inventories
1,141
591
684
Total Current Liabilities
1,768
1,452
2,037
Payables & Accruals
- -
- -
- -
ST Debt
639
861
768
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
61.81%
8.95%
Free Cash Flow
- -
-247.76%
-294.77%
Net Income, GAAP
- -
49.76%
-21.93%
Sales/Revenue/Turnover
- -
159.27%
44.42%
Total Cash Common Dividend
- -
- -
109.17%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
207
680
1,352
3,032
5,271
2025
2,838
2,605
965
1,204
7,612
2026
1,720
1,769
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.02
0.03
0.07
2025
0.02
0.02
0.01
- -
0.05
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.02
2026
- -
0.01
- -
- -
- -

Company Description

CEO
Eng Leong Ooi
Full Time Employees
3,501
Sector
Electronic technology
Industry
Electronic production equipment
Address
2005, Tingkat Perusahaan Satu Perai PNG Malaysia 13600
IPO Date
Jan 12, 2023
Business
NationGate Holdings Berhad is a Malaysia-based electronics manufacturing services (EMS) provider specializing in the assembly and testing of electronic components and products. Its core offerings include completed printed circuit boards (PCB), semi-finished sub-assemblies, fully assembled electronic products, and semiconductor devices. The company’s services encompass high-speed Surface Mount Technology (SMT), Chip On Board/Flex (COB/COF), final assembly (box build), precision plastic molding, semiconductor processing, final testing, and advanced laboratory services. NationGate’s value-added services include prototyping for manufacturability, supply chain management, testing and inspection, and packaging. It serves a diverse range of industries, including networking and telecommunications, data computing, industrial instrumentation, consumer electronics, automotive, semiconductor, medical devices, aerospace, AI equipment, Internet of Things (IoT), and household electronics. Founded in 1999 and headquartered in Malaysia, NationGate operates primarily in Malaysia with expanding regional presence. Recent major developments include the acquisition of Hesechan Industries Sdn Bhd in June 2024, which provided a significant manufacturing space expansion with a 272,900 square foot facility in Penang. The company completed a RM429.3 million private placement in mid-2024 to fund the acquisition of electronic components for its EMS activities and to support growth. NationGate is also actively exploring new growth avenues through collaborations and joint ventures, with notable partnerships in the consumer electronics segment with GoldTek Technology and expansion into semiconductor assembly and testing as well as AI computing infrastructure. It has been appointed as an original equipment manufacturer for AI computing, providing a strategic platform to tap into the growing AI market and trade diversion opportunities. NationGate’s product portfolio includes Graphics Processing Unit (GPU) servers and rack servers, underscoring its role in the computing power infrastructure sector. The company is undergoing a transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia to enhance its market profile and investor reach. Overall, NationGate is expanding its manufacturing capabilities and broadening its industry footprint while maintaining a focus on electronic manufacturing services across multiple high-growth technology sectors in Malaysia and neighboring regions.