Income Statement Sand Nisko Capital

Stocks

7943

MYL7943OO003

Construction & Engineering

Market Closed - BURSA MALAYSIA 04:56:44 2026-09-25 EDT			5-day change	1st Jan Change
0.2000 ^MYR	+5.26%		+5.26%	+37.93%

08-28	Greentronics Technology Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
06-17	Greentronics Technology, Others Form JV for Metal Recovery Business	MT

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Published financial data: SAND NISKO CAPITAL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	57.48M	27.9M	19.47M	34.47M	30.2M
Total Revenues	57.48M	27.9M	19.47M	34.47M	30.2M
Cost of Goods Sold, Total	50.51M	30.72M	17.89M	29.17M	22.77M
Gross Profit	6.97M	-2.82M	1.58M	5.3M	7.43M
Selling General & Admin Expenses, Total	6.24M	15.79M	7.61M	5.86M	7.41M
Provision for Bad Debts	-	-	-	106K	449K
Other Operating Expenses	-	-	-	5.94M	751K
Other Operating Expenses, Total	6.24M	15.79M	7.61M	11.9M	8.61M
Operating Income	725K	-18.61M	-6.03M	-6.6M	-1.18M
Interest Expense, Total	-106K	-154K	-114K	-158K	-52.42K
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-106K	-154K	-114K	-158K	-52.42K
Other Non Operating Income (Expenses)	918K	139K	32.28K	168K	446K
EBT, Excl. Unusual Items	1.54M	-18.62M	-6.11M	-6.59M	-789K
Asset Writedown	-139K	-	-	-437K	-146K
EBT, Incl. Unusual Items	1.4M	-18.62M	-6.11M	-7.03M	-935K
Income Tax Expense	-29.14K	-184K	-1.46M	5.93K	695K
Earnings From Continuing Operations	1.43M	-18.44M	-4.65M	-7.04M	-1.63M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	1.43M	-18.44M	-4.65M	-7.04M	-1.63M
Net Income - (IS)	1.43M	-18.44M	-4.65M	-7.04M	-1.63M
Net Income to Common Incl Extra Items	1.43M	-18.44M	-4.65M	-7.04M	-1.63M
Net Income to Common Excl. Extra Items	1.43M	-18.44M	-4.65M	-7.04M	-1.63M
Per Share Items
Net EPS - Basic	0.02	-0.16	-0.04	-0.05	-0
Basic EPS - Continuing Operations	0.02	-0.16	-0.04	-0.05	-0
Basic Weighted Average Shares Outstanding	60.03M	116M	126M	150M	585M
Net EPS - Diluted	0.02	-0.16	-0.04	-0.05	-0
Diluted EPS - Continuing Operations	0.02	-0.16	-0.04	-0.05	-0
Diluted Weighted Average Shares Outstanding	60.03M	116M	126M	150M	585M
Normalized Basic EPS	0.02	-0.1	-0.03	-0.03	-0
Normalized Diluted EPS	0.02	-0.1	-0.03	-0.03	-0
Supplemental Items
EBITDA	1.36M	-17.59M	-4.98M	-5.64M	-452K
EBITA	725K	-18.61M	-6.03M	-6.6M	-1.18M
EBIT	725K	-18.61M	-6.03M	-6.6M	-1.18M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-2.08	0.99	23.83	-0.08	-74.41
Current Domestic Taxes	-	-	1.58K	88.73K	435K
Total Current Taxes	45.86K	-2.75K	1.58K	88.73K	435K
Deferred Domestic Taxes	-	-	-1.46M	-82.8K	261K
Total Deferred Taxes	-75K	-181K	-1.46M	-82.8K	261K
Normalized Net Income	960K	-11.64M	-3.82M	-4.12M	-493K
Interest on Long-Term Debt	106K	154K	114K	61.99K	18.22K
Supplemental Operating Expense Items
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	812K	-	-	-	-
Total Stock-Based Compensation	812K	-	-	-	-

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	2.6M	554K	2.1M	6.22M	20.59M
Short Term Investments	3.85M	182K	233K	357K	506K
Total Cash And Short Term Investments	6.45M	736K	2.34M	6.57M	21.09M
Accounts Receivable, Total	21.62M	5.79M	6.8M	2.58M	33.97M
Other Receivables	930K	176K	548K	487K	286K
Total Receivables	22.55M	5.96M	7.35M	3.06M	34.25M
Inventory	3.77M	5.1M	66.73M	59.74M	41.92M
Prepaid Expenses	-	473	60.83K	337K	717K
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	32.77M	11.8M	76.48M	69.72M	97.99M
Gross Property Plant And Equipment	33.72M	34.22M	35.07M	16.69M	19.79M
Accumulated Depreciation	-12.22M	-14.22M	-16.44M	-4.34M	-5.26M
Net Property Plant And Equipment	21.51M	20M	18.63M	12.35M	14.52M
Goodwill	-	-	-	751K	-
Accounts Receivable Long-Term	-	-	-	2.03M	20.4M
Deferred Tax Assets Long-Term	-	-	-	305K	42.49K
Other Long-Term Assets, Total	-	-	1.08M	5.74M	5.74M
Total Assets	54.27M	31.8M	96.19M	90.9M	139M
Liabilities
Accounts Payable, Total	11.68M	4.91M	56.31M	53.41M	35.62M
Accrued Expenses, Total	191K	3.08M	356K	1.88M	503K
Short-term Borrowings	-	-	-	2.6M	2.56M
Current Portion of Leases	671K	1.16M	997K	171K	232K
Current Income Taxes Payable	-	-	-	11K	226K
Unearned Revenue Current, Total	-	-	-	1M	-
Other Current Liabilities	1.34M	589K	9.3M	7.82M	4.21M
Total Current Liabilities	13.88M	9.73M	66.96M	66.89M	43.35M
Long-Term Leases	1.84M	2.1M	1.32M	225K	46.14K
Deferred Tax Liability Non Current	1.74M	1.56M	101K	151K	149K
Other Non Current Liabilities	-	-	-	1.73M	-
Total Liabilities	17.46M	13.39M	68.39M	69M	43.54M
Common Stock, Total	20.02M	20.06M	34.1M	35.24M	89.87M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	11.05M	-7.02M	-11.49M	-18.35M	-19.79M
Comprehensive Income and Other	5.74M	5.38M	5.19M	5.01M	25.07M
Total Common Equity	36.82M	18.41M	27.8M	21.9M	95.15M
Total Equity	36.82M	18.41M	27.8M	21.9M	95.15M
Total Liabilities And Equity	54.27M	31.8M	96.19M	90.9M	139M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	116M	116M	150M	150M	898M
ECS Total Common Shares Outstanding	116M	116M	145M	150M	898M
Book Value / Share	0.32	0.16	0.19	0.15	0.11
Tangible Book Value	36.82M	18.41M	27.8M	21.15M	95.15M
Tangible Book Value Per Share	0.32	0.16	0.19	0.14	0.11
Total Debt	2.51M	3.26M	2.32M	3M	2.84M
Net Debt	-3.94M	2.52M	-15.42K	-3.57M	-18.25M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	1.92M	605K	-	-	-
Inventories - Work In Process, Total	1.55M	4.49M	2.1M	-	-
Inventories - Finished Goods, Total	292K	-	64.63M	59.74M	41.92M
Land - (BS)	5.04M	5.04M	5.22M	5.22M	5.22M
Buildings, Total	5.96M	5.96M	5.78M	5.78M	5.78M
Machinery, Total	17.23M	17.25M	17.25M	3.54M	4.37M
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	106K	554K

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	1.43M	-18.44M	-4.65M	-7.04M	-1.63M
Depreciation & Amortization - CF	1.17M	2.07M	2.2M	1.68M	954K
Depreciation & Amortization, Total	1.17M	2.07M	2.2M	1.68M	954K
(Gain) Loss From Sale Of Asset	-	62.78K	-	-954	-21.94K
Asset Writedown & Restructuring Costs	214K	1.23M	165K	4.72M	774K
Provision and Write-off of Bad Debts	-	-	-	106K	475K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-330K	2.74M	1.42M	1.76M	487K
Change In Accounts Receivable	-7.66M	17.07M	-923K	3.01M	-50.57M
Change In Inventories	-2.84M	-10.9M	576K	1.05M	17.82M
Change In Accounts Payable	6.15M	-1.23M	-9.93M	-814K	-25.51M
Cash from Operations	-1.88M	-7.4M	-11.14M	4.48M	-57.22M
Capital Expenditure	-8.04M	-28.91K	-595K	-1.31M	-3.04M
Sale of Property, Plant, and Equipment	-	-	-	481K	21.94K
Cash Acquisitions	-	-	-	688K	-
Divestitures	-	1.1M	-1.53M	-	-
Other Investing Activities, Total	-23.52K	217K	-	-	-
Cash from Investing	-8.07M	1.29M	-2.13M	-143K	-3.02M
Short Term Debt Issued, Total	-	5.33M	1.93M	703K	-
Total Debt Issued	-	5.33M	1.93M	703K	-
Short Term Debt Repaid, Total	-	-	-	-1.12M	-43.07K
Long-Term Debt Repaid, Total	-629K	-1.3M	-1.15M	-942K	-220K
Total Debt Repaid	-629K	-1.3M	-1.15M	-2.06M	-263K
Issuance of Common Stock	8.74M	31.11K	14.04M	1.14M	74.87M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	8.11M	4.06M	14.82M	-220K	74.61M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	-1.84M	-2.05M	1.55M	4.11M	14.37M
Supplemental Items
Cash Interest Paid	106K	154K	114K	158K	52.42K
Cash Income Tax Paid (Refund)	110K	89.5K	392	93.71K	209K
Levered Free Cash Flow	-7.07M	933K	-7.92M	2.13M	-40.16M
Unlevered Free Cash Flow	-7M	1.03M	-7.85M	2.23M	-40.13M
Change In Net Working Capital	1.39M	-10.62M	5.69M	-5.99M	37.31M
Net Debt Issued / Repaid	-629K	4.03M	779K	-1.36M	-263K

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	0.99	-27.02	-5.89	-4.41	-0.64
Return on Total Capital	1.34	-38.14	-14.55	-14.47	-1.2
Return On Equity %	4.5	-66.77	-20.14	-28.31	-2.79
Return on Common Equity	4.5	-66.77	-20.14	-28.31	-2.79
Margin Analysis
Gross Profit Margin %	12.12	-10.11	8.11	15.38	24.6
SG&A Margin	10.86	56.58	39.08	16.99	24.54
EBITDA Margin %	2.37	-63.03	-25.6	-16.37	-1.5
EBITA Margin %	1.26	-66.69	-30.97	-19.16	-3.92
EBIT Margin %	1.26	-66.69	-30.97	-19.16	-3.92
Income From Continuing Operations Margin %	2.48	-66.08	-23.91	-20.41	-5.4
Net Income Margin %	2.48	-66.08	-23.91	-20.41	-5.4
Net Avail. For Common Margin %	2.48	-66.08	-23.91	-20.41	-5.4
Normalized Net Income Margin	1.67	-41.71	-19.62	-11.96	-1.63
Levered Free Cash Flow Margin	-12.3	3.34	-40.68	6.18	-132.99
Unlevered Free Cash Flow Margin	-12.19	3.69	-40.32	6.47	-132.88
Asset Turnover
Asset Turnover	1.26	0.65	0.3	0.37	0.26
Fixed Assets Turnover	3.29	1.34	1.01	2.23	2.25
Receivables Turnover (Average Receivables)	2.97	2.04	3.09	8.47	1.65
Inventory Turnover (Average Inventory)	20.98	6.93	0.5	0.48	0.45
Short Term Liquidity
Current Ratio	2.36	1.21	1.14	1.04	2.26
Quick Ratio	2.09	0.69	0.14	0.14	1.28
Operating Cash Flow to Current Liabilities	-0.14	-0.76	-0.17	0.07	-1.32
Days Sales Outstanding (Average Receivables)	122.75	179.27	117.97	43.21	220.84
Days Outstanding Inventory (Average Inventory)	17.4	52.66	732.87	761.72	814.75
Average Days Payable Outstanding	57	94.42	140.49	729.42	3.28K
Cash Conversion Cycle (Average Days)	83.15	137.5	710.35	75.51	-2.25K
Long Term Solvency
Total Debt/Equity	6.81	17.69	8.35	13.7	2.98
Total Debt / Total Capital	6.38	15.03	7.71	12.05	2.9
LT Debt/Equity	4.99	11.39	4.76	1.03	0.05
Long-Term Debt / Total Capital	4.67	9.68	4.4	0.91	0.05
Total Liabilities / Total Assets	32.16	42.11	71.1	75.9	31.4
EBIT / Interest Expense	6.84	-121.19	-52.71	-41.92	-22.56
EBITDA / Interest Expense	17.85	-107.74	-33.46	-31.24	-4.36
(EBITDA - Capex) / Interest Expense	-58.13	-107.93	-38.66	-39.57	-62.36
Total Debt / EBITDA	1.33	-0.2	-0.61	-0.61	-12.42
Net Debt / EBITDA	-2.09	-0.15	0	0.73	79.85
Total Debt / (EBITDA - Capex)	-0.41	-0.2	-0.52	-0.48	-0.87
Net Debt / (EBITDA - Capex)	0.64	-0.15	0	0.57	5.58
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	71.76	-51.45	-30.23	77.07	-12.38
Gross Profit, 1 Yr. Growth %	362.2	-140.48	-155.96	235.86	40.14
EBITDA, 1 Yr. Growth %	-195.09	-1.39K	-71.67	13.23	-91.98
EBITA, 1 Yr. Growth %	-137.8	-2.67K	-67.6	9.54	-82.09
EBIT, 1 Yr. Growth %	-137.8	-2.67K	-67.6	9.54	-82.09
Earnings From Cont. Operations, 1 Yr. Growth %	-281.2	-1.39K	-74.76	51.17	-76.83
Net Income, 1 Yr. Growth %	-443	-1.39K	-74.76	51.17	-76.83
Normalized Net Income, 1 Yr. Growth %	-1.3K	-1.31K	-67.19	7.9	-88.04
Diluted EPS Before Extra, 1 Yr. Growth %	-318.86	-769.54	-76.73	27.19	-94.06
Accounts Receivable, 1 Yr. Growth %	26.92	-73.25	17.51	-53.65	1.22K
Inventory, 1 Yr. Growth %	258.99	35.43	1.21K	-3.12	-29.83
Net Property, Plant and Equip., 1 Yr. Growth %	60.6	-6.99	-6.86	-33.71	17.6
Total Assets, 1 Yr. Growth %	45.77	-41.41	202.48	-5.5	52.57
Tangible Book Value, 1 Yr. Growth %	38.15	-50	51.01	-23.92	349.82
Common Equity, 1 Yr. Growth %	38.15	-50	51.01	-21.21	334.4
Cash From Operations, 1 Yr. Growth %	-79.43	293.99	50.54	-140.16	-1.38K
Capital Expenditures, 1 Yr. Growth %	885.6	-99.64	1.96K	120.59	131.62
Levered Free Cash Flow, 1 Yr. Growth %	335.8	-113.2	-948.54	-144.72	-1.99K
Unlevered Free Cash Flow, 1 Yr. Growth %	342.57	-114.69	-862.49	-147.5	-1.9K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	60.51	-8.68	-41.8	11.15	24.55
Gross Profit, 2 Yr. CAGR %	254.59	36.79	-52.4	37.1	116.95
EBITDA, 2 Yr. CAGR %	-24.26	250.54	91.33	-43.36	-69.87
EBITA, 2 Yr. CAGR %	-49.4	211.57	188.45	-40.43	-55.71
EBIT, 2 Yr. CAGR %	-49.4	211.57	188.45	-40.43	-55.71
Earnings From Cont. Operations, 2 Yr. CAGR %	0.81	383.89	80.6	-38.23	-40.82
Net Income, 2 Yr. CAGR %	52.16	565.75	80.6	-38.23	-40.82
Normalized Net Income, 2 Yr. CAGR %	3.02	1.1K	99.43	-40.5	-64.08
Diluted EPS Before Extra, 2 Yr. CAGR %	5.7	282.8	24.81	-45.6	-72.5
Accounts Receivable, 2 Yr. CAGR %	45.87	-41.73	-43.93	-33.25	147.14
Inventory, 2 Yr. CAGR %	31.48	120.49	320.98	242.27	-17.55
Net Property, Plant and Equip., 2 Yr. CAGR %	33.38	22.22	-6.92	-21.43	-11.71
Total Assets, 2 Yr. CAGR %	5.99	-7.58	33.13	69.07	20.08
Tangible Book Value, 2 Yr. CAGR %	24.12	-16.89	-13.1	7.19	85
Common Equity, 2 Yr. CAGR %	24.12	-16.89	-13.1	9.07	85
Cash From Operations, 2 Yr. CAGR %	9.57	-9.97	143.54	-22.25	126.59
Capital Expenditures, 2 Yr. CAGR %	2.8K	-81.18	-72.8	573.8	126.04
Levered Free Cash Flow, 2 Yr. CAGR %	-34.64	-24.16	5.83	51.09	190.35
Unlevered Free Cash Flow, 2 Yr. CAGR %	-34.95	-19.36	5.85	47.16	192.44
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	112.06	7.74	-16.52	-15.67	2.67
Gross Profit, 3 Yr. CAGR %	31.29	72.02	1.55	-8.71	38.1
EBITDA, 3 Yr. CAGR %	-1.72	94.98	51.56	60.64	-70.48
EBITA, 3 Yr. CAGR %	-11.13	87.34	46.51	108.89	-60.09
EBIT, 3 Yr. CAGR %	-11.13	87.34	46.51	108.89	-60.09
Earnings From Cont. Operations, 3 Yr. CAGR %	0.9	135.92	80.8	70.21	-55.45
Net Income, 3 Yr. CAGR %	-20.66	210.43	123.66	70.21	-55.45
Normalized Net Income, 3 Yr. CAGR %	4.34	134.32	262.35	62.5	-65.14
Diluted EPS Before Extra, 3 Yr. CAGR %	4.14	95.57	50.51	25.6	-73.99
Accounts Receivable, 3 Yr. CAGR %	132.71	-17.12	-26.38	-50.79	80.41
Inventory, 3 Yr. CAGR %	6.88	32.79	299.21	151.28	101.82
Net Property, Plant and Equip., 3 Yr. CAGR %	25.76	18.28	11.64	-16.88	-10.12
Total Assets, 3 Yr. CAGR %	12.31	-13.01	37.21	18.76	63.38
Tangible Book Value, 3 Yr. CAGR %	17.25	-8.33	1.42	-16.87	72.89
Common Equity, 3 Yr. CAGR %	17.25	-8.33	1.42	-15.9	72.89
Cash From Operations, 3 Yr. CAGR %	161.8	67.87	6.86	33.55	97.72
Capital Expenditures, 3 Yr. CAGR %	399.47	44.46	-10	-45.36	372.01
Levered Free Cash Flow, 3 Yr. CAGR %	30.22	-61.65	69.63	-32.96	250.43
Unlevered Free Cash Flow, 3 Yr. CAGR %	29.82	-60.38	70.52	-31.73	239.09
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.7	1.37	26.42	9.09	-2.03
Gross Profit, 5 Yr. CAGR %	11.64	20.56	-12.51	57.09	37.58
EBITDA, 5 Yr. CAGR %	4.2	39.39	28.29	18.92	-20.57
EBITA, 5 Yr. CAGR %	7.35	30.88	42.32	18.47	-9.21
EBIT, 5 Yr. CAGR %	7.35	30.88	42.32	18.47	-9.21
Earnings From Cont. Operations, 5 Yr. CAGR %	19.72	37.56	27.35	38.03	15.66
Net Income, 5 Yr. CAGR %	19.72	37.56	10.25	62.74	31.41
Normalized Net Income, 5 Yr. CAGR %	28.9	36.51	35.2	35.42	43.76
Diluted EPS Before Extra, 5 Yr. CAGR %	22.01	22.92	11.96	17.23	-23.75
Accounts Receivable, 5 Yr. CAGR %	35.55	20.67	31.7	-24	14.8
Inventory, 5 Yr. CAGR %	7.24	10.12	84.94	93.93	109.09
Net Property, Plant and Equip., 5 Yr. CAGR %	-8.96	-9.75	11.5	0.43	1.64
Total Assets, 5 Yr. CAGR %	3.99	-4.91	20.22	13.47	30.08
Tangible Book Value, 5 Yr. CAGR %	3.53	-7.51	4.01	-2.41	28.98
Common Equity, 5 Yr. CAGR %	3.53	-7.51	4.01	-1.73	28.98
Cash From Operations, 5 Yr. CAGR %	34.51	126.75	154.34	23.39	44.34
Capital Expenditures, 5 Yr. CAGR %	129.96	-44.2	55.92	167.46	30.08
Levered Free Cash Flow, 5 Yr. CAGR %	70.65	8.32	19.86	-33.64	89.99
Unlevered Free Cash Flow, 5 Yr. CAGR %	70.33	10.46	19.64	-33.03	90.9