Income Statement SWS Capital

Stocks

7186

MYL7186OO009

Home Furnishings

Market Closed - BURSA MALAYSIA 04:50:01 2026-08-10 EDT			5-day change	1st Jan Change
0.1150 ^MYR	0.00%		0.00%	-23.33%

07-23	Malaysian Shares Snap Losing Streak to End in Green	MT
07-23	SWS Capital Arms Sign Pact to Sell Three Industrial Properties for MYR15.5 Million	MT

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Published financial data: SWS CAPITAL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	160M	158M	124M	121M	62.66M
Total Revenues	160M	158M	124M	121M	62.66M
Cost of Goods Sold, Total	137M	131M	100M	104M	48.92M
Gross Profit	22.74M	27.86M	23.18M	17.41M	13.74M
Selling General & Admin Expenses, Total	20.55M	20.9M	21.18M	21.46M	14.36M
Provision for Bad Debts	-	-	-	646K	634K
Other Operating Expenses	-4.23M	345K	3.74M	-4.99M	-2.03M
Other Operating Expenses, Total	16.32M	21.25M	24.92M	17.11M	12.97M
Operating Income	6.42M	6.61M	-1.74M	295K	777K
Interest Expense, Total	-2.11M	-2.24M	-2.26M	-2.12M	-1.37M
Interest And Investment Income	247K	206K	274K	343K	274K
Net Interest Expenses	-1.86M	-2.04M	-1.99M	-1.77M	-1.1M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	4.55M	4.57M	-3.73M	-1.48M	-318K
Merger & Related Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-	-1.04M	-
Insurance Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	4.55M	4.57M	-3.73M	-2.52M	-318K
Income Tax Expense	1.6M	1.67M	2.64M	983K	646K
Earnings From Continuing Operations	2.95M	2.91M	-6.37M	-3.5M	-964K
Earnings Of Discontinued Operations	-	-	-	-	-12.34M
Net Income to Company	2.95M	2.91M	-6.37M	-3.5M	-13.3M
Minority Interest	-46.27K	-296K	-246K	-	-
Net Income - (IS)	2.91M	2.61M	-6.61M	-3.5M	-13.3M
Net Income to Common Incl Extra Items	2.91M	2.61M	-6.61M	-3.5M	-13.3M
Net Income to Common Excl. Extra Items	2.91M	2.61M	-6.61M	-3.5M	-964K
Per Share Items
Net EPS - Basic	0.01	0.01	-0.02	-0.01	-0.04
Basic EPS - Continuing Operations	0.01	0.01	-0.02	-0.01	-0
Basic Weighted Average Shares Outstanding	211M	261M	279M	302M	302M
Net EPS - Diluted	0.01	0.01	-0.02	-0.01	-0.04
Diluted EPS - Continuing Operations	0.01	0.01	-0.02	-0.01	-0
Diluted Weighted Average Shares Outstanding	212M	261M	279M	302M	302M
Normalized Basic EPS	0.01	0.01	-0.01	-0	-0
Normalized Diluted EPS	0.01	0.01	-0.01	-0	-0
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	11.01M	11.43M	2.87M	4.22M	4.05M
EBITA	6.42M	6.61M	-1.74M	295K	777K
EBIT	6.42M	6.61M	-1.74M	295K	777K
EBITDAR	11.29M	11.83M	3.21M	4.81M	4.3M
Effective Tax Rate - (Ratio)	35.19	36.42	-70.66	-39.05	-203.14
Total Current Taxes	1.37M	1.64M	2.49M	977K	677K
Total Deferred Taxes	-136K	29.08K	149K	6K	-31K
Normalized Net Income	2.8M	2.56M	-2.58M	-924K	-199K
Interest on Long-Term Debt	166K	295K	311K	66K	141K
Supplemental Operating Expense Items
Selling and Marketing Expenses	5.27M	6.71M	4.99M	6.36M	3.44M
General and Administrative Expenses	15.27M	14.19M	16.19M	15.1M	10.92M
Net Rental Expense, Total	279K	405K	344K	590K	252K
Imputed Operating Lease Interest Expense	81.94K	146K	148K	264K	95.68K
Imputed Operating Lease Depreciation	197K	259K	195K	326K	156K
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	7.6M	16.38M	18.53M	16.37M	25.52M
Short Term Investments	2.81M	2.03M	3.16M	3.3M	6.62M
Total Cash And Short Term Investments	10.42M	18.41M	21.69M	19.67M	32.14M
Accounts Receivable, Total	24.44M	21.65M	24.26M	25.74M	16.09M
Other Receivables	2.16M	2.8M	2.76M	3.33M	1.7M
Total Receivables	26.6M	24.45M	27.02M	29.07M	17.8M
Inventory	56.44M	48.37M	44.33M	33.53M	19.51M
Prepaid Expenses	1.33M	1.64M	1.44M	2.18M	963K
Other Current Assets, Total	4.35M	2.47M	3.49M	9.15M	5.33M
Total Current Assets	99.13M	95.33M	97.98M	93.61M	75.74M
Gross Property Plant And Equipment	153M	169M	178M	160M	145M
Accumulated Depreciation	-60.99M	-63.23M	-67.17M	-64.75M	-57.95M
Net Property Plant And Equipment	92.24M	106M	111M	95.62M	86.82M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	2.26M	2.26M	2.3M	15.73M	22.33M
Total Assets	194M	204M	211M	205M	185M
Liabilities
Accounts Payable, Total	16.92M	10.97M	12.86M	8.99M	7.95M
Accrued Expenses, Total	3.26M	2.94M	2.95M	2.41M	1.69M
Short-term Borrowings	45.38M	30.11M	26.5M	21.58M	13.64M
Current Portion of Long-Term Debt	2.72M	2.35M	1.3M	1.07M	1.11M
Current Portion of Leases	1.29M	2.04M	1.67M	1.57M	936K
Current Income Taxes Payable	31.46K	58.51K	-	-	-
Other Current Liabilities	3.44M	1.67M	2.94M	3.66M	2.25M
Total Current Liabilities	73.05M	50.15M	48.22M	39.27M	27.58M
Long-Term Debt	5.29M	4.19M	8.45M	7.97M	7.01M
Long-Term Leases	2.35M	3.9M	3.26M	2.2M	612K
Deferred Tax Liability Non Current	3.63M	4.05M	4.49M	4.9M	5.14M
Total Liabilities	84.32M	62.29M	64.42M	54.33M	40.34M
Common Stock, Total	110M	125M	133M	133M	133M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-9.35M	-6.3M	-11.65M	-14.44M	-25.18M
Comprehensive Income and Other	8.64M	21.87M	25.37M	31.88M	36.55M
Total Common Equity	109M	141M	147M	151M	145M
Minority Interest	53.07K	350K	-	-	-
Total Equity	109M	141M	147M	151M	145M
Total Liabilities And Equity	194M	204M	211M	205M	185M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	212M	275M	302M	302M	302M
ECS Total Common Shares Outstanding	212M	275M	302M	302M	302M
Book Value / Share	0.52	0.51	0.49	0.5	0.48
Tangible Book Value	109M	141M	147M	151M	145M
Tangible Book Value Per Share	0.52	0.51	0.49	0.5	0.48
Total Debt	57.04M	42.6M	41.18M	34.38M	23.3M
Net Debt	46.62M	24.2M	19.49M	14.71M	-8.84M
Debt Equivalent Oper. Leases	2.23M	3.24M	2.75M	4.72M	2.02M
Minority Interest, Total (Incl. Fin. Div)	53.07K	350K	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	27.24M	23.24M	18.83M	12.86M	3.24M
Inventories - Work In Process, Total	13.34M	6.59M	7.15M	5.99M	536K
Inventories - Finished Goods, Total	15.85M	18.54M	18.36M	14.68M	15.74M
Land - (BS)	6.27M	6.4M	8.36M	9.14M	5.09M
Buildings, Total	3.15M	3.22M	3.12M	3.11M	610K
Machinery, Total	66.71M	67.43M	66.89M	63.75M	54.22M
Full Time Employees	-	-	615	205	133
Accumulated Allowance for Doubtful Accounts (Supple)	960K	1.06M	1.49M	2.13M	2.41M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	2.91M	2.61M	-6.61M	-3.5M	-13.3M
Depreciation & Amortization - CF	6.83M	7.16M	7.45M	6.83M	6.08M
Depreciation & Amortization, Total	6.83M	7.16M	7.45M	6.83M	6.08M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-3.58M	-8.22K	-151K	-1.98M	-358K
(Gain) Loss on Sale of Investments - (CF)	-	-	-39.04K	-57K	-67K
Asset Writedown & Restructuring Costs	-	2.38K	3.63M	-467K	66K
Stock-Based Compensation (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	508K	97.88K	428K	646K	599K
Net Cash From Discontinued Operations	-	-	-	-	-11.79M
Other Operating Activities, Total	1.43M	3.01M	3.56M	2.36M	16.32M
Change In Accounts Receivable	3.85M	4.07M	-3.61M	-2.25M	10.16M
Change In Inventories	-11.78M	6.92M	3.71M	8.71M	13.29M
Change In Accounts Payable	-11.29M	-8.02M	3.07M	-3.51M	-3.16M
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	-11.12M	15.85M	11.44M	6.78M	17.84M
Capital Expenditure	-9.14M	-2.32M	-2.29M	-1.5M	-1.26M
Sale of Property, Plant, and Equipment	7.49M	133K	434K	3.12M	9.01M
Cash Acquisitions	-	-	-788K	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-2K	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-2M	-	-
Other Investing Activities, Total	-836K	1.67M	-8.1M	-245K	618K
Cash from Investing	-2.49M	-515K	-12.74M	1.37M	8.37M
Short Term Debt Issued, Total	2.15M	-	-	-	-
Long-Term Debt Issued, Total	-	-	5.46M	-	-
Total Debt Issued	2.15M	-	5.46M	-	-
Short Term Debt Repaid, Total	-	-11.02M	-5.34M	-4.52M	-5.23M
Long-Term Debt Repaid, Total	-5.31M	-3.37M	-4.23M	-3.25M	-4.24M
Total Debt Repaid	-5.31M	-14.39M	-9.57M	-7.77M	-9.47M
Issuance of Common Stock	3.36M	15.35M	7.21M	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-2.11M	-2.24M	-2.26M	-2.12M	-1.58M
Cash from Financing	-1.91M	-1.28M	829K	-9.89M	-11.05M
Foreign Exchange Rate Adjustments	-1.94K	-78.99K	-29.38K	6K	-
Net Change in Cash	-15.52M	13.98M	-509K	-1.72M	15.16M
Supplemental Items
Cash Interest Paid	2.11M	2.24M	2.26M	2.12M	1.58M
Cash Income Tax Paid (Refund)	2.17M	2.18M	1.75M	2.39M	-831K
Levered Free Cash Flow	-14.19M	11.36M	6.4M	2.85M	31.63M
Unlevered Free Cash Flow	-12.87M	12.76M	7.81M	4.17M	32.48M
Change In Net Working Capital	14.57M	-3.78M	-3.74M	1.34M	-27.18M
Net Debt Issued / Repaid	-3.16M	-14.39M	-4.12M	-7.77M	-9.47M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.04	2.08	-0.53	0.09	0.25
Return on Total Capital	2.45	2.36	-0.59	0.1	0.28
Return On Equity %	2.78	2.32	-4.42	-2.35	-0.65
Return on Common Equity	2.74	2.09	-4.6	-2.35	-0.65
Margin Analysis
Gross Profit Margin %	14.23	17.59	18.75	14.36	21.93
SG&A Margin	12.86	13.2	17.14	17.71	22.92
EBITDA Margin %	6.89	7.22	2.32	3.48	6.46
EBITA Margin %	4.02	4.17	-1.41	0.24	1.24
EBIT Margin %	4.02	4.17	-1.41	0.24	1.24
Income From Continuing Operations Margin %	1.85	1.84	-5.15	-2.89	-1.54
Net Income Margin %	1.82	1.65	-5.35	-2.89	-21.23
Net Avail. For Common Margin %	1.82	1.65	-5.35	-2.89	-1.54
Normalized Net Income Margin	1.75	1.62	-2.09	-0.76	-0.32
Levered Free Cash Flow Margin	-8.88	7.17	5.18	2.35	50.47
Unlevered Free Cash Flow Margin	-8.05	8.06	6.32	3.44	51.84
Asset Turnover
Asset Turnover	0.81	0.8	0.6	0.58	0.32
Fixed Assets Turnover	1.78	1.6	1.14	1.17	0.69
Receivables Turnover (Average Receivables)	5.86	6.87	5.38	4.85	3
Inventory Turnover (Average Inventory)	2.71	2.49	2.17	2.67	1.84
Short Term Liquidity
Current Ratio	1.36	1.9	2.03	2.38	2.75
Quick Ratio	0.51	0.85	1.01	1.24	1.81
Operating Cash Flow to Current Liabilities	-0.15	0.32	0.24	0.17	0.65
Days Sales Outstanding (Average Receivables)	62.26	53.1	67.8	75.49	121.83
Days Outstanding Inventory (Average Inventory)	134.78	146.52	168.5	137.28	197.88
Average Days Payable Outstanding	53.05	41.56	45.12	42.99	88.6
Cash Conversion Cycle (Average Days)	143.99	158.06	191.18	169.78	231.11
Long Term Solvency
Total Debt/Equity	52.18	30.16	28.03	22.83	16.12
Total Debt / Total Capital	34.29	23.17	21.89	18.58	13.88
LT Debt/Equity	6.99	5.73	7.97	6.75	5.27
Long-Term Debt / Total Capital	4.59	4.4	6.23	5.49	4.54
Total Liabilities / Total Assets	43.54	30.6	30.48	26.51	21.82
EBIT / Interest Expense	3.04	2.95	-0.77	0.14	0.57
EBITDA / Interest Expense	6.28	6.14	2.52	3.37	5.01
(EBITDA - Capex) / Interest Expense	1.95	5.11	1.51	2.66	4.09
Total Debt / EBITDA	4.31	3.09	7.21	4.83	3.4
Net Debt / EBITDA	3.52	1.76	3.41	2.06	-1.29
Total Debt / (EBITDA - Capex)	13.88	3.72	12.04	6.11	4.16
Net Debt / (EBITDA - Capex)	11.35	2.11	5.7	2.62	-1.58
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.46	-0.84	-21.98	-1.93	-14.14
Gross Profit, 1 Yr. Growth %	-1.63	22.54	-16.81	-24.9	-10.38
EBITDA, 1 Yr. Growth %	58.63	3.82	-74.89	-35.48	-46.95
EBITA, 1 Yr. Growth %	209.03	3	-126.36	-84.66	-79.04
EBIT, 1 Yr. Growth %	209.03	3	-126.36	-84.66	-79.04
Earnings From Cont. Operations, 1 Yr. Growth %	-215.26	-1.47	-318.92	-45.03	-163.97
Net Income, 1 Yr. Growth %	-218.18	-10.11	-353.19	-47.07	280.14
Normalized Net Income, 1 Yr. Growth %	-1.07K	-8.5	-200.6	222.29	-112.75
Diluted EPS Before Extra, 1 Yr. Growth %	-202.52	-27.21	-340	-51.15	-164.19
Accounts Receivable, 1 Yr. Growth %	-18.72	-11.4	12.06	6.08	-37.47
Inventory, 1 Yr. Growth %	26.13	-14.29	-8.34	-24.37	-41.81
Net Property, Plant and Equip., 1 Yr. Growth %	5.7	14.87	4.8	-13.89	-9.2
Total Assets, 1 Yr. Growth %	-2.9	5.12	3.82	-3.01	-9.79
Tangible Book Value, 1 Yr. Growth %	6.08	28.96	4.26	2.53	-4.03
Common Equity, 1 Yr. Growth %	6.08	28.96	4.26	2.53	-4.03
Cash From Operations, 1 Yr. Growth %	-190.01	-242.63	-27.87	-40.66	162.87
Capital Expenditures, 1 Yr. Growth %	247.04	-74.64	-1.2	-34.47	-16.13
Levered Free Cash Flow, 1 Yr. Growth %	-341.58	-180.08	-43.67	-67.21	494.1
Unlevered Free Cash Flow, 1 Yr. Growth %	-268.45	-199.19	-38.78	-58.71	415.36
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.3	6.54	-12.04	-12.53	-28.79
Gross Profit, 2 Yr. CAGR %	10.13	9.79	0.96	-20.96	-22.99
EBITDA, 2 Yr. CAGR %	132.59	28.33	-48.94	-39.26	-21.31
EBITA, 2 Yr. CAGR %	16.19	78.41	-47.89	-78.88	-36.43
EBIT, 2 Yr. CAGR %	16.19	78.41	-47.89	-78.88	-36.43
Earnings From Cont. Operations, 2 Yr. CAGR %	-39.35	6.57	46.87	9.7	-61.09
Net Income, 2 Yr. CAGR %	-37.2	3.07	50.86	15.76	41.84
Normalized Net Income, 2 Yr. CAGR %	-19.63	197.2	-4.06	-39.96	-16.73
Diluted EPS Before Extra, 2 Yr. CAGR %	-41.71	-13.61	32.17	7.7	-63.29
Accounts Receivable, 2 Yr. CAGR %	-3.17	-15.14	-0.36	9.03	-18.55
Inventory, 2 Yr. CAGR %	14.75	3.97	-11.37	-16.74	-33.66
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.48	10.19	9.72	-5	-11.57
Total Assets, 2 Yr. CAGR %	3.9	1.03	4.47	0.35	-6.46
Tangible Book Value, 2 Yr. CAGR %	10.08	16.96	15.95	3.39	-0.8
Common Equity, 2 Yr. CAGR %	10.08	16.96	15.95	3.39	-0.8
Cash From Operations, 2 Yr. CAGR %	254.49	13.3	1.43	-34.58	24.89
Capital Expenditures, 2 Yr. CAGR %	53.23	-6.19	-49.95	-19.54	-25.87
Levered Free Cash Flow, 2 Yr. CAGR %	-	39.09	-32.83	-49.92	90.79
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	29.26	-22.07	-42.83	79.31
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	5.81	-3.97	-8.79	-26.59
Gross Profit, 3 Yr. CAGR %	-	14.12	0.09	-8.52	-20.99
EBITDA, 3 Yr. CAGR %	-	77.75	-25.49	-27.37	-29.25
EBITA, 3 Yr. CAGR %	-	11.62	-5.68	-64.18	-51.02
EBIT, 3 Yr. CAGR %	-	11.62	-5.68	-64.18	-51.02
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-28.7	35.47	5.84	-30.79
Net Income, 3 Yr. CAGR %	-	-29.23	39.07	6.4	72.06
Normalized Net Income, 3 Yr. CAGR %	-	-16.08	107.12	-30.91	-57.35
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-37.23	21.44	-5.48	-31.6
Accounts Receivable, 3 Yr. CAGR %	-	-5.99	-6.9	1.74	-9.41
Inventory, 3 Yr. CAGR %	-	4.12	-0.31	-15.93	-26.11
Net Property, Plant and Equip., 3 Yr. CAGR %	-	3.69	8.36	1.21	-6.42
Total Assets, 3 Yr. CAGR %	-	4.31	1.95	1.91	-3.15
Tangible Book Value, 3 Yr. CAGR %	-	16.04	12.56	11.29	0.86
Common Equity, 3 Yr. CAGR %	-	16.04	12.56	11.29	0.86
Cash From Operations, 3 Yr. CAGR %	-	161.7	-2.53	-15.17	4
Capital Expenditures, 3 Yr. CAGR %	-	-15.87	-4.56	-45.25	-18.42
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	2.91	-41.44	40.67
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	0.76	-31.3	36.53
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-1.95	-14.8
Gross Profit, 5 Yr. CAGR %	-	-	-	-1.47	-9.88
EBITDA, 5 Yr. CAGR %	-	-	-	15.69	-10.22
EBITA, 5 Yr. CAGR %	-	-	-	-42.65	-17.85
EBIT, 5 Yr. CAGR %	-	-	-	-42.65	-17.85
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-15.29	-17.75
Net Income, 5 Yr. CAGR %	-	-	-	-13.83	40.17
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-26.6	-7.29
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-22.1	-24.9
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-0.25	-11.75
Inventory, 5 Yr. CAGR %	-	-	-	-4.79	-15.3
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	0.12	-0.1
Total Assets, 5 Yr. CAGR %	-	-	-	2.7	-1.5
Tangible Book Value, 5 Yr. CAGR %	-	-	-	10.81	7.01
Common Equity, 5 Yr. CAGR %	-	-	-	10.81	7.01
Cash From Operations, 5 Yr. CAGR %	-	-	-	50.3	7.63
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-17.36	-13.73
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	40.04
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	33.58