Solarvest Holdings Bhd

Solarvest Holdings Bhd

MMYX:SLVEST
3.95
MYR
-0.02
(-0.50%)
32.52P/E
Dec 02Next Earn
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
0.06
0.07
0.08
0.19
0.45
0.37
0.27
0.55
0.74
0.76
0.89
0.86
Basic EPS, GAAP
0.01
0.01
0.01
0.02
0.03
0.03
0.01
0.03
0.05
0.07
0.09
0.09
Free Cash Flow per Basic Share
-0.01
0.01
- -
0.01
0.02
- -
-0.11
-0.12
-0.03
-0.22
0.04
-0.19
Dividend per Share
- -
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
Book Value per Share
0.01
0.02
0.04
0.11
0.14
0.21
0.26
0.29
0.34
0.48
0.86
0.9
Tangible Book Value per Share
0.01
0.02
0.04
0.11
0.14
0.21
0.26
0.29
0.34
0.48
0.86
0.9
Basic Weighted Avg Shares
586
586
586
586
561
603
656
668
668
707
852
902
Sales/Revenue/Turnover
35
39
45
112
253
224
176
366
497
537
759
775
Operating Margin (%)
16.2
20.34
22.2
10.44
8.1
9.33
6.28
8.9
10.52
14.64
15.08
14.56
Depreciation Expense
1
1
1
2
2
3
4
4
7
13
15
16
Net Income, GAAP
4
6
8
11
16
16
7
20
33
52
80
83
Effective Tax Rate (%)
20.26
9.95
11.47
9.17
3.09
27.56
32.52
27.16
27.81
28.08
30.02
29.99
Profit Margin (%)
11.76
16.66
18.28
9.91
6.18
7.2
3.93
5.38
6.56
9.68
10.52
10.7
Working Capital
3
8
13
59
71
123
163
135
192
210
664
639
LT Debt
9
8
8
7
6
10
12
105
180
196
365
372
Total Equity
6
12
21
66
81
132
176
197
235
363
832
868
Return on Invested Capital (%)
- -
35.57
32.86
18.99
22.7
12.6
4.39
9.25
10.07
9.89
8.01
7.61
Return on Capital (%)
- -
35
32.52
21.48
18.9
14.15
4.58
8.57
9.85
10.48
9.16
9.29
Return on Common Equity (%)
- -
70.59
50.1
25.63
21.3
15.22
4.54
10.74
15.39
17.66
13.52
13.26

Capital Structure

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
70
68
68
LT Borrowings
339
345
352
LT Finance Leases
20
20
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
832
952
959
Market Capitalization
2,744
2,114
2,869

Working Capital

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
971
1,060
943
Cash, Cash Equivalents & STI
521
436
411
Accounts Receivable, Net
232
10
198
Inventories
25
30
20
Total Current Liabilities
289
396
304
Payables & Accruals
- -
- -
- -
ST Debt
70
68
68
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
72.54%
49.57%
129.36%
Free Cash Flow
1,716.17%
-455.88%
-119.36%
Net Income, GAAP
46.85%
61.25%
53.65%
Sales/Revenue/Turnover
46.1%
34.33%
41.37%
Total Cash Common Dividend
- -
- -
-45.12%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
73
104
135
225
537
2026
138
169
181
269
759
2027
156
- -
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.01
0.01
0.02
0.03
0.07
2026
0.02
0.02
0.02
0.03
0.09
2027
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Chun Shiong Chong
Full Time Employees
529
Sector
Industrial services
Industry
Engineering & construction
Address
L1-01, Pacific 63 @ PJ Centre Petaling Jaya SE Malaysia 46200
IPO Date
Nov 26, 2019
Business
Solarvest Holdings Bhd engages in engineering, procurement, construction, and commissioning services for solar photovoltaic systems across residential, commercial, industrial, and utility-scale applications; it provides operations and maintenance for clean energy assets; and offers complementary solutions including solar financing, renewable energy certificates, battery energy storage systems, energy efficiency measures, electric vehicle charging infrastructure, green hydrogen, green data centers, and other renewable initiatives such as floating solar, biogas, hydropower, wind power, and ground-mounted solar. The company operates a 1MWp solar PV plant in Pokok Sena, Kedah, and develops large-scale solar farms under Malaysia's LSS programs, with a portfolio exceeding 2,000MW in ongoing and completed projects. Founded in 2012 and headquartered in Petaling Jaya, Selangor, Malaysia, Solarvest maintains a multinational presence in eight Asia-Pacific countries including the Philippines, Taiwan, Vietnam, Singapore, Indonesia, Thailand, and Brunei, targeting businesses, government agencies, and industrial clients seeking sustainable energy transitions. Listed on the Main Market of Bursa Malaysia since 2019 after transitioning from the ACE Market, the company recently secured a RM320 million EPCC contract for a 99.99MWac floating solar project in Kampar, Perak; won its second LSS5 award for a 60MW solar project in Kuala Langat, Selangor, bringing its LSS contracts to 12 and solar capacity over 1GW; entered a strategic joint venture with Brookfield CTF Asia Holdings Pte Ltd in September 2025 to develop at least 1.5GW of utility-scale solar and battery storage under Malaysia's Corporate Renewable Energy Supply Scheme, with Solarvest holding 51% equity in project-specific vehicles; expanded regionally with contracts in Taiwan, the Philippines, and Bangladesh while entering Thailand and Vietnam; and proposed a private placement to raise capital for growth, aiming to boost its EPCC orderbook to RM3 billion by year-end from RM1.2 billion.