1. Malaysia Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
WaveFront Bhd

WaveFront Bhd

MMYX:WAVEFRNT
0.13
MYR
0.00
(0.00%)
21.45P/E
Nov 26Next 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
0.71
0.77
0.89
1.76
2.2
2.53
2.78
3.51
2.16
0.76
0.34
0.23
0.28
0.27
Basic EPS, GAAP
-0.03
0.03
0.03
0.08
0.09
0.1
0.06
0.12
-0.01
-0.21
-0.09
- -
- -
- -
Free Cash Flow per Basic Share
0.02
-0.03
0.06
0.05
0.04
-0.09
0.06
-0.01
0.19
0.12
- -
-0.03
0.03
0.01
Dividend per Share
- -
- -
- -
0.04
0.04
- -
0.03
0.02
0.03
- -
- -
- -
- -
- -
Book Value per Share
0.35
0.51
0.54
1.99
0.37
0.52
0.55
0.66
0.61
0.4
0.31
0.31
0.31
0.3
Tangible Book Value per Share
0.35
0.51
0.54
1.99
0.3
0.46
0.49
0.59
0.55
0.4
0.31
0.31
0.31
0.3
Basic Weighted Avg Shares
104
104
104
1,032
1,049
1,149
1,204
1,203
1,203
1,203
1,203
1,203
1,203
1,203
Sales/Revenue/Turnover
74
80
93
1,815
2,307
2,909
3,352
4,222
2,602
916
410
273
337
330
Operating Margin (%)
-4.92
1.43
1.81
4.56
5.68
5.56
3.43
4.8
-0.07
-27.05
-24.42
-2.05
-1.34
-1.29
Depreciation Expense
6
5
5
10
14
25
37
43
50
45
16
15
8
8
Net Income, GAAP
-3
3
3
79
94
113
76
150
-12
-255
-105
-4
-4
-4
Effective Tax Rate (%)
- -
- -
- -
18.01
26.4
25.94
28.58
21.73
- -
- -
- -
- -
- -
7.78
Profit Margin (%)
-4.17
3.55
3.22
4.36
4.08
3.88
2.28
3.56
-0.47
-27.79
-25.62
-1.61
-1.26
-1.09
Working Capital
1
3
9
134
178
373
376
481
448
370
371
271
286
281
LT Debt
4
3
6
27
35
102
116
123
137
94
62
39
28
27
Total Equity
36
53
56
208
422
630
667
791
739
484
379
374
370
364
Return on Invested Capital (%)
- -
- -
- -
34.04
21.24
15.2
7.7
12.73
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
41.72
21.78
15.53
8.37
13.19
- -
- -
- -
- -
- -
6.32
Return on Common Equity (%)
-8.2
6.35
5.45
59.79
29.84
21.48
11.76
20.62
-1.58
-41.65
-24.33
-1.16
-1.14
-0.98

Capital Structure

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
37
46
44
LT Borrowings
30
28
27
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,203
1,203
1,203
Market Capitalization
235
126
144

Working Capital

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
408
411
428
Cash, Cash Equivalents & STI
256
250
257
Accounts Receivable, Net
89
92
109
Inventories
46
52
61
Total Current Liabilities
125
125
147
Payables & Accruals
- -
- -
- -
ST Debt
37
46
44
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.11%
-13.03%
-1.15%
Free Cash Flow
121.82%
243.99%
-202.21%
Net Income, GAAP
438.98%
347.23%
-3.1%
Sales/Revenue/Turnover
178.28%
-33.64%
23.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
57
51
80
85
273
2026
96
83
80
78
337
2027
89
- -
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.01
-0.02
- -
0.02
- -
2026
-0.01
0.01
- -
- -
- -
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Chiu Wan Fong
Full Time Employees
1,418
Sector
Process industries
Industry
Chemicals: specialty
Address
No.6, Jalan Dewani 1 Johor Bahru Malaysia 81100
IPO Date
Feb 28, 1991
Website
wavefront.com.my
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Business
ATA IMS Berhad, now renamed WaveFront Berhad as of June 2025, is a Malaysia-based electronics manufacturing services (EMS) provider with a history dating back to 1972. The company specializes in precision plastic injection molded parts; secondary processes; sub-assembly and full assembly of finished electronic products; tooling design and fabrication; and supply chain management. Its product portfolio includes vacuum cleaners (cordless and canister types), air purifiers and fans equipped with in-house HEPA filter technology and Wi-Fi connectivity, LED lighting solutions, automotive component parts, and medical devices. The firm serves multiple industries such as home care, environmental care, lighting, Internet of Things (IoT), automotive, and healthcare, operating primarily in Malaysia with a reach to international brands. WaveFront Berhad maintains vertically integrated manufacturing capabilities that encompass product design and engineering, mold design and fabrication, plastic injection molding, printed circuit board assembly (PCBA), painting, filter manufacturing, box build assembly, and logistics. This comprehensive manufacturing ecosystem facilitates efficient turnarounds and high-quality outputs tailored for multinational corporations requiring streamlined production processes. In recent developments, the company entered into a strategic joint venture in August 2024 through its wholly owned subsidiary Integrated Manufacturing Solutions Sdn Bhd with Shanghai-listed Jinhua Chunguang Technology Co., Ltd, forming Suntone (Malaysia) Technology Sdn Bhd to capitalize on geopolitical shifts prompting relocation of manufacturing bases to Southeast Asia. This move aims to leverage trade diversion opportunities and expand WaveFront's footprint in household and electrical appliances manufacturing. The rebranding from ATA IMS Berhad to WaveFront Berhad in mid-2025 signals a strategic repositioning aligned with its growth plans and broader electronic manufacturing services offerings. The company is headquartered in Iskandar Puteri, Malaysia, and continues to operate as a key player in the EMS sector, focusing on innovation, production efficiency, and servicing global electronics brands. Its extensive experience and integrated business model provide competitive advantages in precision manufacturing and contract manufacturing services across diverse product categories. WaveFront Berhad also manages several subsidiaries contributing to its manufacturing and engineering capacities. This detailed overview incorporates WaveFront Berhad's core product and service offerings, geographic and industry focus, recent strategic joint venture, and corporate renaming reflecting its evolving market positioning and growth trajectory.