Cash flow GDEX

Stocks

0078

MYQ0078OO004

Air Freight & Logistics

Market Closed - BURSA MALAYSIA Other stock markets 04:50:03 2026-07-27 EDT			5-day change	1st Jan Change
0.1300 ^MYR	0.00%		-3.70%	+13.04%

05-22	GDEX Berhad Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
04-21	GDEX Berhad Announces First and Final Single-Tier Dividend for the Financial Year Ended 31 December 2025, Payable on 01 July 2026	CI

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Published financial data: GDEX

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	425M	383M	397M	419M	416M
Total Revenues	425M	383M	397M	419M	416M
Cost of Goods Sold, Total	317M	325M	348M	335M	330M
Gross Profit	107M	58.7M	49.5M	84.17M	86.06M
Selling General & Admin Expenses, Total	-	-	-	-	-
Depreciation & Amortization - (IS)	46.13M	52.94M	55.34M	52.98M	47.29M
Amortization of Goodwill and Intangible Assets - (IS)	-	261K	773K	740K	556K
Other Operating Expenses	23.13M	20.49M	27.92M	23.54M	32.65M
Other Operating Expenses, Total	69.26M	73.69M	84.04M	77.26M	80.49M
Operating Income	38.03M	-15M	-34.54M	6.91M	5.57M
Interest Expense, Total	-4.5M	-4.4M	-4.96M	-4.68M	-4.56M
Net Interest Expenses	-4.5M	-4.4M	-4.96M	-4.68M	-4.56M
Income (Loss) On Equity Invest.	5.25M	32.31K	144K	164K	85.66K
Other Non Operating Income (Expenses)	-	-16.31K	-42.89K	-136K	-114K
EBT, Excl. Unusual Items	38.79M	-19.38M	-39.39M	2.26M	976K
Impairment of Goodwill	-	-	-	-	-
EBT, Incl. Unusual Items	38.79M	-19.38M	-39.39M	2.26M	976K
Income Tax Expense	10.5M	-4.03M	-682K	4.22M	3.24M
Earnings From Continuing Operations	28.29M	-15.34M	-38.71M	-1.96M	-2.26M
Net Income to Company	28.29M	-15.34M	-38.71M	-1.96M	-2.26M
Minority Interest	-644K	-1.92M	3.91M	102K	678K
Net Income - (IS)	27.64M	-17.27M	-34.8M	-1.86M	-1.59M
Net Income to Common Incl Extra Items	27.64M	-17.27M	-34.8M	-1.86M	-1.59M
Net Income to Common Excl. Extra Items	27.64M	-17.27M	-34.8M	-1.86M	-1.59M
Per Share Items
Net EPS - Basic	0	-0	-0.01	-0	-0
Basic EPS - Continuing Operations	0	-0	-0.01	-0	-0
Basic Weighted Average Shares Outstanding	5.64B	5.58B	5.55B	5.64B	5.53B
Net EPS - Diluted	0	-0	-0.01	-0	-0
Diluted EPS - Continuing Operations	0	-0	-0.01	-0	-0
Diluted Weighted Average Shares Outstanding	5.64B	5.58B	5.55B	5.64B	5.53B
Normalized Basic EPS	0	-0	-0	0	0
Normalized Diluted EPS	0	-0	-0	0	0
Dividend Per Share	0	0	0	0	0
Payout Ratio	54.07	-	-23.89	-298.74	-698.98
Supplemental Items
EBITDA	63.57M	13.56M	-6.24M	33.36M	27.92M
EBITA	38.03M	-15M	-34.26M	7.16M	5.87M
EBIT	38.03M	-15M	-34.54M	6.91M	5.57M
EBITDAR	95.71M	14.5M	-5.42M	33.96M	28.73M
Effective Tax Rate - (Ratio)	27.07	20.81	1.73	186.56	331.88
Total Current Taxes	8.81M	2.51M	1.7M	4.19M	4.65M
Total Deferred Taxes	1.69M	-6.54M	-2.38M	26.53K	-1.41M
Normalized Net Income	23.6M	-14.03M	-20.71M	1.52M	1.29M
Interest on Long-Term Debt	6.57M	4.22M	4.68M	4.36M	4.44M
Non-Cash Pension Expense	135K	107K	115K	103K	69.51K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	261K	134K	237K	-
Net Rental Expense, Total	358K	946K	823K	600K	812K
Imputed Operating Lease Interest Expense	-	324K	293K	218K	304K
Imputed Operating Lease Depreciation	-	621K	529K	382K	508K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	52.04M	106M	92.34M	89.94M	119M
Short Term Investments	128M	102M	102M	111M	29.06M
Trading Asset Securities, Total	93.93M	19.4M	100K	1.18M	72.65M
Total Cash And Short Term Investments	274M	227M	195M	202M	221M
Accounts Receivable, Total	64.25M	60.17M	59.42M	70.24M	74.7M
Other Receivables	20.24M	33.98M	25.61M	24.93M	15.13M
Notes Receivable	1.05M	4.23M	2.38M	-	-
Total Receivables	85.54M	98.38M	87.41M	95.17M	89.83M
Inventory	1.85M	2.83M	2.91M	3.07M	2.56M
Prepaid Expenses	8.51M	14.81M	8.6M	7.35M	7.01M
Other Current Assets, Total	11.68M	12.03M	11.06M	11.64M	11.93M
Total Current Assets	382M	355M	305M	319M	332M
Gross Property Plant And Equipment	404M	459M	483M	481M	486M
Accumulated Depreciation	-194M	-213M	-249M	-269M	-311M
Net Property Plant And Equipment	210M	246M	234M	212M	175M
Long-term Investments	41.9M	33.67M	35.96M	35.48M	35.65M
Goodwill	3.25M	29.17M	29.17M	30.96M	30.96M
Other Intangibles, Total	-	2.1M	1.46M	1.49M	1.71M
Loans Receivable Long-Term	1M	-	-	-	-
Deferred Tax Assets Long-Term	-	-	1.68M	1.2M	1.28M
Deferred Charges Long-Term	-	239K	237K	0	0
Other Long-Term Assets, Total	-	-	-	1.05M	1.05M
Total Assets	638M	666M	608M	602M	578M
Liabilities
Accounts Payable, Total	12.18M	12.71M	12.54M	12.81M	12.07M
Accrued Expenses, Total	22.19M	23.62M	29.86M	30.8M	35.27M
Short-term Borrowings	-	-	-	138K	4.26K
Current Portion of Long-Term Debt	684K	1.53M	1.47M	1.13M	191K
Current Portion of Leases	28.93M	19.9M	15.78M	29.08M	22.07M
Current Income Taxes Payable	355K	1.56M	1.18M	3.67M	2.68M
Unearned Revenue Current, Total	2.14M	2.35M	6.62M	9.99M	17.1M
Other Current Liabilities	9.86M	10.81M	11.49M	5.75M	3.68M
Total Current Liabilities	76.34M	72.49M	78.94M	93.37M	93.07M
Long-Term Debt	1.58M	2.51M	1.06M	2.46M	2.21M
Long-Term Leases	53.66M	96.33M	83.87M	71.08M	66.85M
Unearned Revenue Non Current	-	-	-	-	683K
Pension & Other Post Retirement Benefits	828K	932K	800K	901K	969K
Deferred Tax Liability Non Current	9.16M	3.15M	2.46M	2.38M	1.05M
Other Non Current Liabilities	-	635K	794K	1.53M	1.71M
Total Liabilities	142M	176M	168M	172M	167M
Common Stock, Total	338M	338M	338M	338M	338M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	164M	147M	104M	96.51M	83.8M
Treasury Stock	-20.95M	-22.93M	-27.63M	-27.84M	-30.42M
Comprehensive Income and Other	931K	1.29M	2.26M	269K	-1.6M
Total Common Equity	482M	463M	416M	407M	390M
Minority Interest	14.42M	27.19M	23.29M	23.24M	21.43M
Total Equity	496M	490M	440M	430M	411M
Total Liabilities And Equity	638M	666M	608M	602M	578M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.58B	5.54B	5.54B	5.54B	5.5B
ECS Total Common Shares Outstanding	5.58B	5.57B	5.54B	5.54B	5.52B
Book Value / Share	0.09	0.08	0.08	0.07	0.07
Tangible Book Value	479M	432M	386M	374M	357M
Tangible Book Value Per Share	0.09	0.08	0.07	0.07	0.06
Total Debt	84.86M	120M	102M	104M	91.33M
Net Debt	-189M	-106M	-92.48M	-98.17M	-129M
Debt Equivalent Oper. Leases	-	7.56M	6.58M	4.8M	6.5M
Minority Interest, Total (Incl. Fin. Div)	14.42M	27.19M	23.29M	23.24M	21.43M
Equity Method Investments, Total	41.4M	33.58M	33.73M	33.3M	33.39M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	1.85M	2.16M	2.27M	2.17M	1.99M
Inventories - Finished Goods, Total	-	674K	638K	892K	578K
Buildings, Total	28.15M	30.75M	30.75M	33.38M	22.28M
Machinery, Total	215M	233M	250M	253M	256M
Full Time Employees	238	219	205	4.59K	4.43K
Accumulated Allowance for Doubtful Accounts (Supple)	3.25M	2.79M	3.39M	4.77M	3.42M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	27.64M	-17.27M	-34.8M	-1.86M	-1.59M
Depreciation & Amortization - CF	46.13M	52.94M	55.34M	52.98M	47.29M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	271K	244K	297K
Depreciation & Amortization, Total	46.13M	52.94M	55.61M	53.23M	47.59M
Amortization of Deferred Charges, Total - (CF)	-	261K	502K	496K	259K
(Gain) Loss From Sale Of Asset	-302K	-53.1K	-125K	-320K	-327K
(Gain) Loss on Sale of Investments - (CF)	-	-1.02M	-64.8K	-97.26K	-
Asset Writedown & Restructuring Costs	132K	122K	1.9M	335K	19.06K
(Income) Loss On Equity Investments - (CF)	-5.25M	-32.31K	-144K	-164K	-85.66K
Provision and Write-off of Bad Debts	-424K	-328K	850K	1.47M	16.46K
Other Operating Activities, Total	4.56M	-13.55M	-373K	-2.65M	-334K
Change In Accounts Receivable	5.97M	10.94M	-96.65K	-8.95M	-4.48M
Change In Inventories	-416K	156K	-1.2M	164K	502K
Change In Accounts Payable	755K	-3.21M	-176K	-2.17M	-743K
Change in Other Net Operating Assets	62.28K	-6.44M	18.18M	928K	15.75M
Cash from Operations	78.86M	22.52M	40.07M	40.4M	56.58M
Capital Expenditure	-13.06M	-18.54M	-28.58M	-2.91M	-9.06M
Sale of Property, Plant, and Equipment	548K	431K	246K	666K	10.73M
Cash Acquisitions	-	-14.74M	-	-2.24M	-
Divestitures	-	-	-	591K	-
Sale (Purchase) of Intangible assets	-	-	-132K	-	-784K
Investment in Marketable and Equity Securities, Total	-8.01M	75.85M	17.28M	-50.8K	-71.08M
Other Investing Activities, Total	20.14M	26.9M	7.72M	1.15M	87.48M
Cash from Investing	-371K	69.9M	-3.47M	-2.79M	17.28M
Long-Term Debt Issued, Total	1.31M	2.42M	130K	-	-
Total Debt Issued	874K	2.42M	130K	-	-
Long-Term Debt Repaid, Total	-55.66M	-34.27M	-32.98M	-26.43M	-24.5M
Total Debt Repaid	-37.1M	-34.27M	-32.98M	-26.43M	-24.5M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-13.36M	-1.98M	-4.71M	-208K	-2.58M
Common Dividends Paid	-14.95M	-	-8.31M	-5.54M	-11.08M
Common & Preferred Stock Dividends Paid	-14.95M	-	-8.31M	-5.54M	-11.08M
Other Financing Activities, Total	-4.5M	-4.4M	-4.96M	-6.27M	-4.62M
Cash from Financing	-69.04M	-38.22M	-50.82M	-38.46M	-42.78M
Foreign Exchange Rate Adjustments	-55.74K	-456K	782K	-1.55M	-1.97M
Net Change in Cash	9.4M	53.74M	-13.44M	-2.4M	29.11M
Supplemental Items
Cash Interest Paid	4.5M	4.4M	4.96M	4.73M	4.56M
Cash Income Tax Paid (Refund)	4.95M	8.8M	-6.5M	2.66M	1.15M
Levered Free Cash Flow	-	6.4M	31.44M	46.3M	52.3M
Unlevered Free Cash Flow	-	9.15M	34.54M	49.22M	55.15M
Change In Net Working Capital	-	16.14M	-28.72M	5.91M	-13.67M
Net Debt Issued / Repaid	-36.23M	-31.85M	-32.85M	-26.43M	-24.5M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	-1.44	-3.39	0.71	0.59
Return on Total Capital	-	-1.57	-3.75	0.8	0.67
Return On Equity %	-	-3.11	-8.33	-0.45	-0.54
Return on Common Equity	-	-3.65	-7.91	-0.45	-0.4
Margin Analysis
Gross Profit Margin %	25.27	15.31	12.46	20.08	20.69
SG&A Margin	-	-	-	-	-
EBITDA Margin %	14.97	3.54	-1.57	7.96	6.71
EBITA Margin %	8.96	-3.91	-8.63	1.71	1.41
EBIT Margin %	8.96	-3.91	-8.7	1.65	1.34
Income From Continuing Operations Margin %	6.66	-4	-9.75	-0.47	-0.54
Net Income Margin %	6.51	-4.5	-8.76	-0.44	-0.38
Net Avail. For Common Margin %	6.51	-4.5	-8.76	-0.44	-0.38
Normalized Net Income Margin	5.56	-3.66	-5.21	0.36	0.31
Levered Free Cash Flow Margin	-	1.67	7.91	11.05	12.57
Unlevered Free Cash Flow Margin	-	2.39	8.7	11.74	13.26
Asset Turnover
Asset Turnover	-	0.59	0.62	0.69	0.71
Fixed Assets Turnover	-	1.68	1.65	1.88	2.15
Receivables Turnover (Average Receivables)	-	6.16	6.64	6.47	5.74
Inventory Turnover (Average Inventory)	-	138.81	121.17	112.2	117.22
Short Term Liquidity
Current Ratio	5	4.89	3.86	3.42	3.57
Quick Ratio	4.7	4.43	3.54	3.18	3.34
Operating Cash Flow to Current Liabilities	1.03	0.31	0.51	0.43	0.61
Days Sales Outstanding (Average Receivables)	-	59.21	54.95	56.6	63.58
Days Outstanding Inventory (Average Inventory)	-	2.63	3.01	3.26	3.11
Average Days Payable Outstanding	-	13.94	13.25	13.84	13.79
Cash Conversion Cycle (Average Days)	-	47.9	44.71	46.02	52.91
Long Term Solvency
Total Debt/Equity	17.1	24.53	23.24	24.15	22.22
Total Debt / Total Capital	14.6	19.7	18.86	19.46	18.18
LT Debt/Equity	11.13	20.16	19.32	17.1	16.8
Long-Term Debt / Total Capital	9.51	16.19	15.67	13.77	13.75
Total Liabilities / Total Assets	22.19	26.42	27.64	28.53	28.83
EBIT / Interest Expense	8.46	-3.41	-6.96	1.48	1.22
EBITDA / Interest Expense	18.71	8.63	4.25	12.85	11.65
(EBITDA - Capex) / Interest Expense	15.81	4.41	-1.51	12.23	9.66
Total Debt / EBITDA	1.01	3.17	4.85	1.73	1.72
Net Debt / EBITDA	-2.25	-2.8	-4.39	-1.63	-2.44
Total Debt / (EBITDA - Capex)	1.19	6.2	-13.62	1.82	2.07
Net Debt / (EBITDA - Capex)	-2.66	-5.48	12.33	-1.72	-2.94
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-9.69	3.58	5.54	-0.75
Gross Profit, 1 Yr. Growth %	-	-45.29	-15.67	70.04	2.24
EBITDA, 1 Yr. Growth %	-	-78.68	-146.04	-634.45	-16.3
EBITA, 1 Yr. Growth %	-	-139.43	128.5	-120.89	-18.06
EBIT, 1 Yr. Growth %	-	-139.43	130.3	-120.02	-19.46
Earnings From Cont. Operations, 1 Yr. Growth %	-	-154.24	152.29	-94.94	15.62
Net Income, 1 Yr. Growth %	-	-162.47	101.54	-94.67	-14.55
Normalized Net Income, 1 Yr. Growth %	-	-159.48	47.58	-107.32	-15.03
Diluted EPS Before Extra, 1 Yr. Growth %	-	-162.88	102.75	-94.79	-8.54
Accounts Receivable, 1 Yr. Growth %	-	-6.35	-1.25	18.22	6.35
Inventory, 1 Yr. Growth %	-	53.39	2.58	5.49	-16.37
Net Property, Plant and Equip., 1 Yr. Growth %	-	17.31	-4.81	-9.44	-17.64
Total Assets, 1 Yr. Growth %	-	4.44	-8.8	-0.96	-4.01
Tangible Book Value, 1 Yr. Growth %	-	-9.8	-10.65	-2.95	-4.64
Common Equity, 1 Yr. Growth %	-	-3.92	-10.07	-2.3	-4.22
Cash From Operations, 1 Yr. Growth %	-	-71.45	77.96	0.83	40.04
Capital Expenditures, 1 Yr. Growth %	-	41.99	54.18	-89.82	211.23
Levered Free Cash Flow, 1 Yr. Growth %	-	-	391.08	47.43	13.04
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	277.44	42.53	12.04
Dividend Per Share, 1 Yr. Growth %	-	12.53	-33.33	100	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-3.29	4.55	2.34
Gross Profit, 2 Yr. CAGR %	-	-	-32.08	19.75	31.86
EBITDA, 2 Yr. CAGR %	-	-	-68.66	56.87	111.51
EBITA, 2 Yr. CAGR %	-	-	-5.08	-30.91	-58.63
EBIT, 2 Yr. CAGR %	-	-	-4.71	-32.1	-59.84
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	16.98	-64.28	-75.82
Net Income, 2 Yr. CAGR %	-	-	12.21	-67.22	-78.66
Normalized Net Income, 2 Yr. CAGR %	-	-	-6.31	-67.14	-75.07
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	12.91	-67.45	-78.18
Accounts Receivable, 2 Yr. CAGR %	-	-	-3.83	8.04	12.13
Inventory, 2 Yr. CAGR %	-	-	25.44	4.03	-6.07
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	5.67	-7.15	-13.64
Total Assets, 2 Yr. CAGR %	-	-	-2.4	-4.96	-2.5
Tangible Book Value, 2 Yr. CAGR %	-	-	-10.23	-6.88	-3.8
Common Equity, 2 Yr. CAGR %	-	-	-7.04	-6.26	-3.26
Cash From Operations, 2 Yr. CAGR %	-	-	-28.72	33.95	18.83
Capital Expenditures, 2 Yr. CAGR %	-	-	47.96	-60.37	-43.7
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	168.94	29.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	131.94	26.37
Dividend Per Share, 2 Yr. CAGR %	-	-	-13.39	15.47	41.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-0.43	2.75
Gross Profit, 3 Yr. CAGR %	-	-	-	-7.77	13.6
EBITDA, 3 Yr. CAGR %	-	-	-	-19.34	27.24
EBITA, 3 Yr. CAGR %	-	-	-	-42.69	-26.87
EBIT, 3 Yr. CAGR %	-	-	-	-43.35	-28.12
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-58.94	-47.17
Net Income, 3 Yr. CAGR %	-	-	-	-59.36	-54.89
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-59.95	-54.9
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-59.46	-54.06
Accounts Receivable, 3 Yr. CAGR %	-	-	-	3.02	7.48
Inventory, 3 Yr. CAGR %	-	-	-	18.4	-3.27
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	0.37	-10.79
Total Assets, 3 Yr. CAGR %	-	-	-	-1.92	-4.65
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-7.86	-6.14
Common Equity, 3 Yr. CAGR %	-	-	-	-5.49	-5.59
Cash From Operations, 3 Yr. CAGR %	-	-	-	-19.98	35.95
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-39.36	-21.23
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	101.41
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	81.99
Dividend Per Share, 3 Yr. CAGR %	-	-	-	14.48	10.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	-
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-
EBITDA, 5 Yr. CAGR %	-	-	-	-	-
EBITA, 5 Yr. CAGR %	-	-	-	-	-
EBIT, 5 Yr. CAGR %	-	-	-	-	-
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-
Net Income, 5 Yr. CAGR %	-	-	-	-	-
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-
Total Assets, 5 Yr. CAGR %	-	-	-	-	-
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	-
Common Equity, 5 Yr. CAGR %	-	-	-	-	-
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-