YX Precious Metals Bhd
MMYX:YXPM0.20
MYR
0.00
(0.00%)
ISIN
MYQ0250OO009
Return %
Stock
S&P 500
1Y
-13.04
14.20
3Y
-31.03
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Sheau Yuen Ng
- Sector
- Consumer durables
- Industry
- Other consumer specialties
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Jun 23, 2022
- Website
- yxgroup.com.my
- Similar Companies
- Business
- YX Precious Metals Bhd is an investment holding company that specializes in the wholesale, design, and manufacturing of gold jewellery and other precious metal products. Founded in 1992 and headquartered in Kuala Lumpur, Malaysia, the company operates as a subsidiary of Tomei Consolidated Berhad, serving as a supply partner for jewellery retailers, wholesalers, and trade intermediaries. The company operates through two primary business segments: Wholesale and Design and Manufacturing. Its core product portfolio specializes in 916-purity gold jewellery, comprising necklaces; bangles; bracelets; rings; earrings; pendants; charms; basic chains; anklets; and hollow gold jewellery. In addition to finished jewellery pieces, the company sells pure gold bars and scrap gold; manufactures silver chains; and provides precious metal refining and gold assaying services. Operating primarily within Malaysia, YX Precious Metals Bhd also exports its products to international markets, including Singapore, Hong Kong, Germany, Indonesia, and Myanmar. The company conducts its principal operating activities through wholly owned subsidiaries, including Yi Xing Goldsmith Sdn Bhd for wholesale operations and Gemas Precious Metals Industries Sdn Bhd for jewellery design and fabrication. In recent developments, the company has undertaken strategic initiatives to expand its market presence and corporate standing, including initiating the proposed transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia to enhance market liquidity and institutional visibility. Concurrently, the group has expanded its investments in manufacturing automation, advanced machinery, and specialized tooling to optimize production efficiencies, reduce labor dependency, and scale its lightweight and hollow gold jewellery product offerings tailored to evolving market demand.