Income Statement SBC Corporation

Stocks

5207

MYL5207OO005

Real Estate Development & Operations

Market Closed - BURSA MALAYSIA 04:50:02 2026-09-21 EDT			5-day change	1st Jan Change
0.2400 ^MYR	+2.13%		-2.04%	-14.29%

08-27	SBC Corporation Berhad Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
08-27	Tranche Update on SBC Corporation Berhad's Equity Buyback Plan announced on July 1, 2025.	CI

bd32e6fce5cca2423.sBsRFjjS1i0WIkxo9P5_RMd4CewQELj_4vJDgJRv9ag.-yMnJVCWm24maHoRsK0VEbIyerl0fsCctZoqz-xcj8_BamJnXJ-XaztFGQ

Published financial data: SBC CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)	2026 (MYR)
Revenues	116M	62.33M	52.74M	65.89M	15.06M
Total Revenues	116M	62.33M	52.74M	65.89M	15.06M
Cost of Goods Sold, Total	74.21M	42.81M	31.56M	23M	11.19M
Gross Profit	41.87M	19.52M	21.19M	42.89M	3.87M
Selling General & Admin Expenses, Total	17.24M	16.4M	19.21M	14.32M	15.8M
Other Operating Expenses, Total	17.24M	16.4M	19.21M	14.32M	15.8M
Operating Income	24.63M	3.11M	1.98M	28.56M	-11.92M
Interest Expense, Total	-6.57M	-8.18M	-7.19M	-8.17M	-6.9M
Interest And Investment Income	187K	241K	-	-	-
Net Interest Expenses	-6.38M	-7.94M	-7.19M	-8.17M	-6.9M
Income (Loss) On Equity Invest.	1.55M	1.97M	652K	47K	1.73M
Other Non Operating Income (Expenses)	2.13M	3.84M	8.55M	1.35M	14.01M
EBT, Excl. Unusual Items	21.93M	983K	3.98M	21.79M	-3.09M
EBT, Incl. Unusual Items	21.93M	983K	3.98M	21.79M	-3.09M
Income Tax Expense	7.91M	2.5M	2.67M	4.84M	-629K
Earnings From Continuing Operations	14.02M	-1.52M	1.31M	16.96M	-2.46M
Net Income to Company	14.02M	-1.52M	1.31M	16.96M	-2.46M
Minority Interest	-88K	1.17M	-1.02M	292K	-23K
Net Income - (IS)	13.93M	-348K	297K	17.25M	-2.48M
Net Income to Common Incl Extra Items	13.93M	-348K	297K	17.25M	-2.48M
Net Income to Common Excl. Extra Items	13.93M	-348K	297K	17.25M	-2.48M
Per Share Items
Net EPS - Basic	0.05	-0	0	0.07	-0.01
Basic EPS - Continuing Operations	0.05	-0	0	0.07	-0.01
Basic Weighted Average Shares Outstanding	258M	258M	258M	258M	257M
Net EPS - Diluted	0.05	-0	0	0.07	-0.01
Diluted EPS - Continuing Operations	0.05	-0	0	0.07	-0.01
Diluted Weighted Average Shares Outstanding	258M	258M	258M	258M	257M
Normalized Basic EPS	0.05	0.01	0.01	0.05	-0.01
Normalized Diluted EPS	0.05	0.01	0.01	0.05	-0.01
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	25.98M	4.98M	3.52M	30.81M	-9.68M
EBITA	24.63M	3.11M	1.98M	28.56M	-11.92M
EBIT	24.63M	3.11M	1.98M	28.56M	-11.92M
EBITDAR	26.11M	5.33M	-	30.86M	-9.61M
Effective Tax Rate - (Ratio)	36.07	254.12	67.07	22.2	20.38
Total Current Taxes	8.07M	1.66M	4.08M	2.76M	3.37M
Total Deferred Taxes	-164K	835K	-1.4M	2.08M	-4M
Normalized Net Income	13.62M	1.78M	1.48M	13.91M	-1.95M
Interest Capitalized	1.06M	-	-	-	-
Interest on Long-Term Debt	1.06M	33K	180K	147K	136K
Supplemental Operating Expense Items
General and Administrative Expenses	17.24M	16.4M	19.21M	14.32M	15.8M
Net Rental Expense, Total	132K	358K	-	48K	75K
Imputed Operating Lease Interest Expense	73.99K	247K	-	27.95K	39.32K
Imputed Operating Lease Depreciation	58.01K	111K	-	20.05K	35.68K

Fiscal Period: March	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)	2026 (MYR)
Assets
Cash And Equivalents	3.12M	4.71M	8.9M	33.05M	21.6M
Short Term Investments	315K	315K	315K	315K	315K
Total Cash And Short Term Investments	3.44M	5.03M	9.21M	33.37M	21.92M
Accounts Receivable, Total	20.71M	6.98M	7.05M	1.2M	481K
Other Receivables	16.36M	16.27M	85.75M	13.48M	13.59M
Notes Receivable	-	-	-	4.11M	4.11M
Total Receivables	37.07M	23.25M	92.8M	18.79M	18.18M
Inventory	216M	224M	146M	162M	162M
Other Current Assets, Total	1.76M	1.79M	2.89M	46.86M	59.49M
Total Current Assets	259M	254M	251M	262M	262M
Gross Property Plant And Equipment	23.61M	25.07M	27.14M	25.9M	27.37M
Accumulated Depreciation	-18.76M	-19.54M	-19.72M	-18.73M	-19.2M
Net Property Plant And Equipment	4.84M	5.53M	7.42M	7.17M	8.17M
Long-term Investments	112M	113M	112M	110M	111M
Goodwill	9.5M	9.5M	9.5M	9.5M	9.5M
Other Intangibles, Total	-	-	-	-	-
Deferred Tax Assets Long-Term	2.56M	1.72M	3.3M	903K	4.9M
Other Long-Term Assets, Total	210M	209M	199M	196M	189M
Total Assets	597M	592M	582M	586M	584M
Liabilities
Accounts Payable, Total	14.68M	7.4M	22.14M	11.81M	-
Short-term Borrowings	42.54M	40.32M	37.88M	38.92M	31.02M
Current Portion of Long-Term Debt	10.81M	6.66M	10.97M	14.56M	17.55M
Current Portion of Leases	20K	352K	244K	318K	322K
Current Income Taxes Payable	8.02M	5.64M	6.8M	4.14M	2.37M
Unearned Revenue Current, Total	19.08M	27.83M	-	1.93M	18.9M
Other Current Liabilities	41.8M	42.79M	26.95M	32.08M	36.5M
Total Current Liabilities	137M	131M	105M	104M	107M
Long-Term Debt	43.24M	45.39M	64.32M	53.08M	50.85M
Long-Term Leases	11K	524K	2.02M	2.08M	1.76M
Deferred Tax Liability Non Current	1.5M	1.5M	1.5M	1.18M	1.18M
Other Non Current Liabilities	-	-	-	-	472K
Total Liabilities	182M	178M	173M	160M	161M
Common Stock, Total	252M	252M	252M	252M	252M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	169M	168M	162M	180M	177M
Treasury Stock	-51K	-51K	-51K	-51K	-652K
Total Common Equity	420M	420M	414M	431M	428M
Minority Interest	-5.07M	-6.3M	-5.29M	-5.58M	-5.56M
Total Equity	415M	414M	409M	426M	423M
Total Liabilities And Equity	597M	592M	582M	586M	584M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	258M	258M	258M	258M	256M
ECS Total Common Shares Outstanding	258M	258M	258M	258M	256M
Book Value / Share	1.63	1.63	1.6	1.67	1.67
Tangible Book Value	411M	411M	405M	422M	419M
Tangible Book Value Per Share	1.59	1.59	1.57	1.63	1.63
Total Debt	96.62M	93.24M	115M	109M	102M
Net Debt	93.18M	88.21M	106M	75.59M	79.59M
Debt Equivalent Oper. Leases	1.06M	2.86M	-	384K	600K
Minority Interest, Total (Incl. Fin. Div)	-5.07M	-6.3M	-5.29M	-5.58M	-5.56M
Equity Method Investments, Total	112M	113M	112M	110M	111M
Account Code - Inventory Valuation	3	3	3	8	8
Inventories - Work In Process, Total	156M	123M	127M	52.35M	59.38M
Inventories - Finished Goods, Total	60.82M	101M	18.71M	110M	103M
Land - (BS)	2.22M	2.22M	2.22M	2.22M	2.22M
Buildings, Total	1.52M	1.52M	1.52M	1.52M	1.52M
Machinery, Total	10.38M	10.5M	10.5M	10.3M	11.85M
Full Time Employees	-	-	59	70	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	566K	566K

Fiscal Period: March	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)	2026 (MYR)
Net Income	13.93M	-348K	297K	17.25M	-2.48M
Depreciation & Amortization - CF	1.37M	2.07M	1.84M	2.54M	2.53M
Depreciation & Amortization, Total	1.37M	2.07M	1.84M	2.54M	2.53M
(Gain) Loss From Sale Of Asset	-	-	-984K	-1.61M	-10.63M
(Gain) Loss on Sale of Investments - (CF)	4K	-	-	-	1.28M
Asset Writedown & Restructuring Costs	1.28M	-	10K	220K	-
(Income) Loss On Equity Investments - (CF)	-1.55M	-1.97M	-652K	-47K	-1.73M
Provision and Write-off of Bad Debts	-	-	-	566K	-
Other Operating Activities, Total	2.86M	-2.86M	668K	3.79M	-3.7M
Change In Accounts Receivable	-5.71M	13.97M	-17.17M	-2.99M	-7.94M
Change In Inventories	65.41M	-7.5M	9.03M	9.04M	-2.82M
Change In Accounts Payable	-40.47M	-4.41M	-7.97M	-13.74M	-2.7M
Change in Unearned Revenues	-16.13M	8.74M	-5.34M	1.93M	18.58M
Change in Other Net Operating Assets	-	-	-	-	715K
Cash from Operations	20.99M	7.7M	-20.27M	16.93M	-8.89M
Capital Expenditure	-77K	-402K	-846K	-506K	-1.79M
Sale of Property, Plant, and Equipment	-	-	-	70K	-
Divestitures	-	-	-	9M	9.09M
Sale (Purchase) of Real Estate properties	-792K	-	2.62M	4.47M	-527K
Investment in Marketable and Equity Securities, Total	44K	-4K	-3K	-	-
Other Investing Activities, Total	1.88M	930K	1.98M	1.07M	272K
Cash from Investing	1.06M	524K	3.75M	14.1M	7.05M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	41.8M	12M	31M	4M	10.42M
Total Debt Issued	41.8M	12M	31M	4M	10.42M
Short Term Debt Repaid, Total	-5.65M	-4M	-1M	-	-2M
Long-Term Debt Repaid, Total	-67.15M	-8.91M	-8.19M	-14.58M	-15.51M
Total Debt Repaid	-72.8M	-12.91M	-9.19M	-14.58M	-17.51M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-601K
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-31M	-913K	21.81M	-10.58M	-7.69M
Net Change in Cash	-8.95M	7.31M	5.29M	20.45M	-9.53M
Supplemental Items
Cash Interest Paid	7.47M	7.94M	7.06M	8.02M	6.8M
Cash Income Tax Paid (Refund)	4.04M	4.19M	2.85M	3.35M	3.29M
Levered Free Cash Flow	19.41M	5.14M	-20.52M	22.2M	-15M
Unlevered Free Cash Flow	23.51M	10.26M	-16.02M	27.3M	-10.69M
Change In Net Working Capital	-6.83M	-6.64M	18.25M	-7.42M	3.98M
Net Debt Issued / Repaid	-31M	-913K	21.81M	-10.58M	-7.09M

Fiscal Period: March	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)	2026 (MYR)
Profitability
Return on Assets	2.45	0.33	0.21	3.06	-1.27
Return on Total Capital	2.98	0.38	0.24	3.37	-1.41
Return On Equity %	3.43	-0.37	0.32	4.06	-0.58
Return on Common Equity	3.37	-0.08	0.07	4.08	-0.58
Margin Analysis
Gross Profit Margin %	36.07	31.31	40.17	65.09	25.72
SG&A Margin	14.85	26.32	36.42	21.74	104.91
EBITDA Margin %	22.38	7.98	6.68	46.76	-64.31
EBITA Margin %	21.22	5	3.75	43.35	-79.18
EBIT Margin %	21.22	5	3.75	43.35	-79.18
Income From Continuing Operations Margin %	12.08	-2.43	2.49	25.73	-16.32
Net Income Margin %	12	-0.56	0.56	26.18	-16.47
Net Avail. For Common Margin %	12	-0.56	0.56	26.18	-16.47
Normalized Net Income Margin	11.73	2.86	2.8	21.12	-12.96
Levered Free Cash Flow Margin	16.72	8.25	-38.9	33.69	-99.62
Unlevered Free Cash Flow Margin	20.26	16.46	-30.38	41.44	-71
Asset Turnover
Asset Turnover	0.18	0.1	0.09	0.11	0.03
Fixed Assets Turnover	21	12.02	8.14	9.03	1.96
Receivables Turnover (Average Receivables)	6.26	4.5	7.52	15.97	17.96
Inventory Turnover (Average Inventory)	0.3	0.19	0.21	0.15	0.07
Short Term Liquidity
Current Ratio	1.89	1.94	2.39	2.52	2.45
Quick Ratio	0.3	0.22	0.97	0.46	0.34
Operating Cash Flow to Current Liabilities	0.15	0.06	-0.19	0.16	-0.08
Days Sales Outstanding (Average Receivables)	58.28	81.05	48.68	22.85	20.32
Days Outstanding Inventory (Average Inventory)	1.23K	1.88K	1.76K	2.45K	5.3K
Average Days Payable Outstanding	849.43	80.52	332.57	156.07	-
Cash Conversion Cycle (Average Days)	435.4	1.88K	1.48K	2.31K	-
Long Term Solvency
Total Debt/Equity	23.26	22.54	28.24	25.6	24.02
Total Debt / Total Capital	18.87	18.39	22.02	20.38	19.37
LT Debt/Equity	10.41	11.1	16.23	12.96	12.45
Long-Term Debt / Total Capital	8.45	9.06	12.66	10.32	10.04
Total Liabilities / Total Assets	30.44	30.13	29.72	27.33	27.58
EBIT / Interest Expense	3.75	0.38	0.27	3.5	-1.73
EBITDA / Interest Expense	3.96	0.63	0.53	3.81	-1.36
(EBITDA - Capex) / Interest Expense	3.95	0.58	0.41	3.75	-1.62
Total Debt / EBITDA	3.72	17.99	30.25	3.5	-10.81
Net Debt / EBITDA	3.58	17.02	27.84	2.43	-8.47
Total Debt / (EBITDA - Capex)	3.73	19.51	38.87	3.56	-9.08
Net Debt / (EBITDA - Capex)	3.59	18.45	35.77	2.47	-7.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	76.93	-46.3	-27.07	24.93	-77.14
Gross Profit, 1 Yr. Growth %	81.66	-53.38	-28.32	102.43	-90.97
EBITDA, 1 Yr. Growth %	163	-80.86	-76.54	609.51	-131.44
EBITA, 1 Yr. Growth %	200.33	-87.36	-84.98	921.93	-141.75
EBIT, 1 Yr. Growth %	200.33	-87.36	-84.98	921.93	-141.75
Earnings From Cont. Operations, 1 Yr. Growth %	431.9	-110.81	-84.05	1.19K	-114.5
Net Income, 1 Yr. Growth %	333.37	-102.5	-96.84	5.71K	-114.39
Normalized Net Income, 1 Yr. Growth %	185.5	-86.92	-81.69	843.27	-112.19
Diluted EPS Before Extra, 1 Yr. Growth %	333.37	-102.5	-96.84	5.71K	-114.52
Accounts Receivable, 1 Yr. Growth %	26.55	-66.32	1.13	-83.05	-59.78
Inventory, 1 Yr. Growth %	-23.35	3.33	-7.45	11.45	-0.13
Net Property, Plant and Equip., 1 Yr. Growth %	-22.01	14.12	34.28	-3.37	13.9
Total Assets, 1 Yr. Growth %	-9.67	-0.82	2.06	0.73	-0.38
Tangible Book Value, 1 Yr. Growth %	3.51	-0.08	0.07	4.26	-0.73
Common Equity, 1 Yr. Growth %	3.43	-0.08	0.07	4.17	-0.71
Cash From Operations, 1 Yr. Growth %	-148.91	-63.32	-363.34	-183.51	-152.49
Capital Expenditures, 1 Yr. Growth %	-97.22	422.08	110.45	-40.19	253.95
Levered Free Cash Flow, 1 Yr. Growth %	-49.73	-73.5	-326.59	-210.97	-167.58
Unlevered Free Cash Flow, 1 Yr. Growth %	-43.7	-56.38	-213.09	-276.04	-139.16
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-17.42	-2.53	-32.59	-4.55	-46.56
Gross Profit, 2 Yr. CAGR %	4.36	-7.97	-28.87	20.46	-57.24
EBITDA, 2 Yr. CAGR %	18.87	-29.02	-63.19	43.24	49.35
EBITA, 2 Yr. CAGR %	20.91	-38.38	-71.68	47.37	106.56
EBIT, 2 Yr. CAGR %	20.91	-38.38	-71.68	47.37	106.56
Earnings From Cont. Operations, 2 Yr. CAGR %	27.15	-24.19	-69.41	43.56	36.87
Net Income, 2 Yr. CAGR %	19.64	-67.1	-85.4	35.5	189.02
Normalized Net Income, 2 Yr. CAGR %	7.73	-38.89	-67.09	31.42	15.05
Diluted EPS Before Extra, 2 Yr. CAGR %	19.66	-67.1	-85.41	35.47	190.43
Accounts Receivable, 2 Yr. CAGR %	-32.58	-34.71	-41.63	-58.59	-73.89
Inventory, 2 Yr. CAGR %	-8.16	-11.01	-17.92	1.56	5.5
Net Property, Plant and Equip., 2 Yr. CAGR %	9.51	-5.66	23.79	13.91	4.91
Total Assets, 2 Yr. CAGR %	-5.75	-5.35	-1.3	1.39	0.17
Tangible Book Value, 2 Yr. CAGR %	0.62	1.7	-0.78	2.15	1.74
Common Equity, 2 Yr. CAGR %	0.61	1.66	-0.76	2.1	1.7
Cash From Operations, 2 Yr. CAGR %	-13.75	-57.65	-1.72	48.3	-33.79
Capital Expenditures, 2 Yr. CAGR %	33.82	-61.93	231.47	12.19	45.5
Levered Free Cash Flow, 2 Yr. CAGR %	-21.38	-63.5	2.82	56.58	-13.4
Unlevered Free Cash Flow, 2 Yr. CAGR %	-15.32	-50.44	-17.45	38.82	-16.97
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-7.32	-28.46	-7.02	-17.2	-40.73
Gross Profit, 3 Yr. CAGR %	-0.59	-20.22	-2.77	0.8	-49.2
EBITDA, 3 Yr. CAGR %	-0.21	-35.31	-29.08	5.82	-13.6
EBITA, 3 Yr. CAGR %	0.18	-43.04	-37.78	5.06	-3.21
EBIT, 3 Yr. CAGR %	0.18	-43.04	-37.78	5.06	-3.21
Earnings From Cont. Operations, 3 Yr. CAGR %	1.84	-44.1	-20.75	6.54	-33.15
Net Income, 3 Yr. CAGR %	3.81	-67.06	-54.79	7.37	-35.84
Normalized Net Income, 3 Yr. CAGR %	0.91	-46.65	-32.38	0.72	-37.65
Diluted EPS Before Extra, 3 Yr. CAGR %	1.71	-67.06	-54.8	7.36	-35.65
Accounts Receivable, 3 Yr. CAGR %	-34.26	-46.5	-24.46	-61.35	-58.99
Inventory, 3 Yr. CAGR %	-5.27	-4.48	-19.77	-9.11	0.99
Net Property, Plant and Equip., 3 Yr. CAGR %	2.82	11.03	6.12	13.98	13.91
Total Assets, 3 Yr. CAGR %	-3.98	-4.13	-4.17	-0.63	0.8
Tangible Book Value, 3 Yr. CAGR %	1.01	0.38	0.63	0.88	1.18
Common Equity, 3 Yr. CAGR %	0.99	0.38	0.62	0.86	1.15
Cash From Operations, 3 Yr. CAGR %	31.71	-35.14	-22.12	-6.91	4.9
Capital Expenditures, 3 Yr. CAGR %	-17.87	110.66	-32.69	87.31	64.55
Levered Free Cash Flow, 3 Yr. CAGR %	14.66	-45.28	-19	4.58	18.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	15.24	-32.12	-27.34	5.11	-8.96
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.43	3.69	-18.4	-17.29	-25.5
Gross Profit, 5 Yr. CAGR %	21.04	-1.38	-13.05	2.21	-30
EBITDA, 5 Yr. CAGR %	54.5	-5.85	-33.02	10.88	-0.39
EBITA, 5 Yr. CAGR %	82.19	-9.28	-39.56	11.13	7.77
EBIT, 5 Yr. CAGR %	82.19	-9.28	-39.56	11.13	7.77
Earnings From Cont. Operations, 5 Yr. CAGR %	30.57	5.29	-37.05	14.35	-1.39
Net Income, 5 Yr. CAGR %	35.57	-30.28	-52.63	12.12	-5.05
Normalized Net Income, 5 Yr. CAGR %	80.91	-17.1	-35.54	3.46	-16.36
Diluted EPS Before Extra, 5 Yr. CAGR %	32.94	-31.59	-53.21	12.12	-4.88
Accounts Receivable, 5 Yr. CAGR %	-12.47	-28.92	-37.32	-51.71	-50.61
Inventory, 5 Yr. CAGR %	-3.49	-3.34	-10.54	-8.73	-10.48
Net Property, Plant and Equip., 5 Yr. CAGR %	-2.2	3.02	10.75	12.17	5.64
Total Assets, 5 Yr. CAGR %	-1.2	-1.57	-2.92	-2.71	-2.46
Tangible Book Value, 5 Yr. CAGR %	1.92	1.78	0.29	0.77	1.07
Common Equity, 5 Yr. CAGR %	1.86	1.74	0.29	0.76	1.05
Cash From Operations, 5 Yr. CAGR %	0.43	20.1	17.15	-9.71	-27.02
Capital Expenditures, 5 Yr. CAGR %	-7.22	-19.83	43.51	63.73	-8.38
Levered Free Cash Flow, 5 Yr. CAGR %	-14.23	8.45	9.77	-6.7	-17.22
Unlevered Free Cash Flow, 5 Yr. CAGR %	-9.56	12.18	0.84	-3.59	-23.85
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-