Skygate Solutions Bhd

Skygate Solutions Bhd

MMYX:SKYGATE
0.78
MYR
-0.01
(-1.89%)
12.20P/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
0.26
0.21
0.39
0.3
0.34
0.62
0.77
0.64
0.32
0.16
0.13
0.22
0.28
0.33
Basic EPS, GAAP
0.01
0.02
0.05
0.05
0.02
0.12
0.12
0.03
0.02
- -
- -
0.02
0.01
0.07
Free Cash Flow per Basic Share
-0.07
-0.11
-0.51
-0.08
0.11
-0.11
0.23
0.14
0.1
0.04
-0.05
0.08
-0.16
-0.04
Dividend per Share
0.01
0.01
- -
- -
0.01
- -
- -
0.03
0.04
0.01
- -
- -
- -
- -
Book Value per Share
0.61
0.49
0.55
0.58
0.59
0.73
0.84
0.85
0.83
0.83
0.84
0.87
0.85
0.89
Tangible Book Value per Share
0.61
0.49
0.55
0.58
0.59
0.73
0.84
0.85
0.83
0.83
0.84
0.8
0.79
0.81
Basic Weighted Avg Shares
201
208
224
235
289
320
309
301
302
302
302
307
325
329
Sales/Revenue/Turnover
52
45
88
70
98
198
239
194
98
47
38
67
90
108
Operating Margin (%)
6.43
8.85
22.01
21.6
23.21
35.86
22.47
11.16
11.06
3.9
3.91
15.53
11.21
28.48
Depreciation Expense
2
2
2
2
2
2
2
2
2
1
1
2
5
- -
Net Income, GAAP
2
3
11
12
5
39
38
10
7
-1
1
6
3
22
Effective Tax Rate (%)
42.78
19.2
14.37
22.49
52.66
28.09
21.56
39.19
18.72
128.29
54.85
46.29
102.07
28.19
Profit Margin (%)
3.17
7.08
12.98
16.41
5.19
19.75
15.86
5.02
6.76
-1.16
2.91
8.46
3.75
19.92
Working Capital
40
67
174
181
177
187
221
172
166
165
153
107
105
23
LT Debt
41
39
98
92
47
49
59
21
16
13
43
110
164
158
Total Equity
83
111
130
143
197
237
267
256
252
249
250
274
300
338
Return on Invested Capital (%)
1.48
2.22
7.66
4.17
3.62
15.06
11.29
4
3.18
-0.19
0.24
1.62
-0.05
4.72
Return on Capital (%)
1.63
2.76
3.5
3.08
3.01
11.6
10.79
3.38
2.81
-0.27
0.56
2.29
1.56
6.94
Return on Common Equity (%)
2.02
3.28
9.7
8.83
3.13
18.58
15.54
3.81
2.61
-0.22
0.45
2.15
1.21
7.19

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8
9
8
LT Borrowings
159
162
153
LT Finance Leases
5
4
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
335
335
368
Market Capitalization
218
201
295

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
189
164
163
Cash, Cash Equivalents & STI
39
47
57
Accounts Receivable, Net
34
36
35
Inventories
68
69
70
Total Current Liabilities
84
87
140
Payables & Accruals
- -
- -
- -
ST Debt
8
9
8
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.35%
3.4%
9.68%
Free Cash Flow
-181.17%
-180.14%
-318.56%
Net Income, GAAP
45.12%
-16.29%
-40.12%
Sales/Revenue/Turnover
11.18%
-2.28%
35.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15
13
17
21
67
2025
14
27
22
27
90
2026
26
33
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

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

Company Description

CEO
Kiang Teng Goh
Full Time Employees
247
Sector
Finance
Industry
Real estate development
Address
Menara IJM Land Gelugor PNG Malaysia 11700
IPO Date
Mar 28, 2008
Business
Skygate Solutions Berhad (formerly Ewein Berhad) operates as a Malaysia-based investment holding company engaged in manufacturing, property development, property management and investment, and related activities. The company manufactures precision sheet metal fabricated parts for audio, video and acoustic equipment, satellite antennas, electrical and electronics equipment, KVM switches, computer monitors and peripherals; designs and fabricates precision molds, tools and dies; produces precision plastic injection molding products; and provides product finishing services. It develops residential properties, trades in construction and furnishing materials, manages office and factory buildings, heritage and cultural properties, and car parks; and holds investment properties including Menara IJM Land and factory premises. Skygate Solutions Berhad, formerly known as Ewein Berhad, changed its name in July 2024 and is headquartered at No. 1, Lebuh Tunku Kudin 3, Menara IJM Land, Gelugor, Penang, Malaysia, with manufacturing facilities in Perai Industrial Estate, Penang. The company was incorporated in 2006 and conducts operations primarily in Malaysia, extending to the People's Republic of China, Indonesia, the United States, Japan, Europe, and other international markets through its subsidiaries, including SkyGate Precision (M) Sdn. Bhd., Jintec Innovation Sdn. Bhd., VS Solution Services Sdn. Bhd., and SkyGate Polymer Sdn. Bhd. Recent developments include the completion of the RM32 million acquisition of VS Solution Services Sdn. Bhd. in July 2024 to expand rack manufacturing capabilities with a profit guarantee of RM9.3 million over FY2024-2026; the RM25.84 million acquisition of land in Penang in March 2024 for development into a 16-storey workers' dormitory marking entry into workforce management services; and the sale of a Penang factory to Ambu AS for RM39.8 million.