Top Glove Corporation Bhd.

Top Glove Corporation Bhd.

TGLVY
Top Glove Corporation Bhd.US flagOther OTC
0.57
USD
- -
- -
1.13BMarket Cap
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
1.24
1.22
1.35
1.54
1.81
2.22
2.41
3.61
8.14
2.78
1.13
1.26
- -
1.49
Basic EPS, GAAP
0.11
0.1
0.15
0.19
0.18
0.23
0.18
0.89
3.86
0.14
-0.44
-0.01
- -
0.07
Free Cash Flow per Basic Share
-0.02
0.06
0.07
0.11
-0.05
-0.06
-0.05
1.32
3.23
-0.39
-0.12
-0.06
- -
0.19
Dividend per Share
0.05
0.05
0.06
0.09
0.1
0.1
0.11
0.19
2.72
0.26
- -
- -
- -
- -
Book Value per Share
0.62
0.64
0.73
0.96
1.07
1.25
1.27
2.4
3.57
3.44
2.99
2.96
- -
3.09
Tangible Book Value per Share
0.69
0.72
0.83
0.94
1.07
0.66
0.68
2.59
3.09
2.89
2.53
2.48
- -
1.98
Basic Weighted Avg Shares
1,858
1,861
1,867
1,877
1,880
1,904
1,993
2,002
2,010
2,002
2,002
2,002
- -
2,004
Sales/Revenue/Turnover
2,313
2,275
2,511
2,889
3,409
4,221
4,801
7,237
16,361
5,572
2,257
2,514
3,493
2,984
Operating Margin (%)
8.49
7.67
13.42
13.3
9.57
12.08
9.76
29.73
60.51
5.25
-23.6
-7.67
0.63
7.41
Depreciation Expense
80
92
99
108
107
147
195
245
309
348
343
287
306
309
Net Income, GAAP
196
181
280
361
331
429
365
1,778
7,762
276
-879
-18
128
150
Effective Tax Rate (%)
16.26
15.14
22.65
18.04
14.16
17.14
13.23
17.4
22.02
21.44
- -
- -
17.11
18.31
Profit Margin (%)
8.49
7.93
11.14
12.49
9.7
10.16
7.6
24.57
47.44
4.95
-38.92
-0.73
3.68
5.04
Working Capital
370
354
552
646
456
396
187
2,155
2,147
1,115
764
882
916
1,189
LT Debt
3
3
106
82
62
1,330
1,379
236
164
108
40
22
- -
822
Total Equity
1,358
1,398
1,614
1,826
2,073
2,398
2,554
6,191
7,220
6,793
5,926
5,835
4,778
4,833
Return on Invested Capital (%)
12.13
9.87
13.52
13.99
11.99
11.96
8.48
30.02
102.8
2.99
- -
- -
0.33
3.15
Return on Capital (%)
16.42
13.85
16.63
17.24
14.61
12.98
8.98
34.66
117.57
3.63
- -
- -
2.87
2.43
Return on Common Equity (%)
17.77
15.39
21.86
22.77
17.36
19.51
14.81
48.4
129.46
3.92
-13.66
-0.31
2.53
2.46

Capital Structure

FRC

in mil. unless spec.
Nov'26
Feb'26
May'26
ST Debt
53
36
41
LT Borrowings
798
799
799
LT Finance Leases
24
24
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,018
8,018
8,018
Market Capitalization
4,576
4,135
6,840

Working Capital

FRC

in mil. unless spec.
Nov'26
Feb'26
May'26
Total Current Assets
1,554
1,613
1,976
Cash, Cash Equivalents & STI
713
684
771
Accounts Receivable, Net
417
540
634
Inventories
348
319
490
Total Current Liabilities
590
600
786
Payables & Accruals
- -
- -
- -
ST Debt
53
36
41
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.95%
-4.34%
-18.13%
Free Cash Flow
-321.41%
-63.37%
-232.32%
Net Income, GAAP
-65.68%
-215.94%
-803.18%
Sales/Revenue/Turnover
17.24%
10.19%
38.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
493
550
637
834
2,514
2025
886
884
830
- -
3,493
2026
884
1,005
1,095
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.02
0.03
- -
-0.01
2025
0.01
0.02
0.02
- -
- -
2026
0.02
0.02
0.04
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChatGPT
CEO
Wee Chai Lim
Full Time Employees
10,200
Sector
Healthcare
Industry
Medical - Instruments & Supplies
Address
Top Glove Tower Shah Alam SE Malaysia 40170
IPO Date
Sep 6, 2012
Business
Top Glove Corporation Bhd. manufactures, trades and sells a comprehensive range of rubber and synthetic gloves, positioning it as the world's largest glove producer with approximately 26% global market share; its core products encompass medical examination gloves in latex, nitrile and vinyl; surgical gloves; cleanroom gloves; food handling gloves; household and industrial gloves; as well as cast polyethylene (CPE) gloves and thermoplastic elastomer (TPE) gloves. The company operates approximately 50 factories with over 800 production lines, achieving a capacity exceeding 100 billion gloves annually, across primary manufacturing facilities in Malaysia, Thailand, Vietnam and China; it maintains marketing offices in the United States, Germany, Brazil and other key markets to serve over 2,000 customers in 195 countries spanning healthcare, industrial, food service and consumer sectors. Founded in 1991 and headquartered in Shah Alam, Selangor, Malaysia, Top Glove focuses on quality innovation, sustainability and cost efficiency through automated production and stringent compliance with international standards such as ASTM, EN and ISO. In recent developments, the company entered a joint venture agreement in November 2024 through its wholly-owned subsidiary Top Quality Glove Sdn. Bhd. with Tronex (Asia) Limited and Polywel International Trade Company Limited to produce and distribute high-density polyethylene (HDPE) gloves; it targets US sales to reach 40% of group volume within two years amid 2025-2026 tariffs on Chinese medical gloves, alongside resuming production at newer factories and projecting expansions to 46 glove factories and 1,486 lines by end-2025 for 201 billion pieces capacity; financial recovery marked FY2025 with RM109 million net profit, revenue growth to RM3.49 billion and dividend resumption.

Company News

APIChatGPT
  • Top Glove Co. Bhd. (OTCMKTS:TGLVY) Trading Up 15.3% – Time to Buy?

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  • Top Glove shelves HK listing as Ukraine war roils markets

  • Shares of the world's largest medical glove maker have erased most Covid gains

  • Top Glove warns of weak demand as profit slumps

  • Top Glove shareholders approve $473-million Hong Kong listing plan