Rimbaco Group Global Limited (1953) AI Stock Analysis

• Market Cap: HK$146.16M
• Dividend Yield: 24.64%
• Average Volume (3M): 368.00K
• Price to Earnings (P/E): 17.1
• Beta (1Y): 0.21
• Revenue Growth: -29.24%
• EPS Growth: -40.35%
• Country: HK
• Employees: 122
• Sector: Industrials
• Sector Strength: 90
• Industry: Engineering & Construction
• EPS (TTM): <0.01
• Shares Outstanding: 1,260,000,000
• 10 Day Avg. Volume: 99,000
• 30 Day Avg. Volume: 368,000
• PEG Ratio: 0.90
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 63.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The primary concern is the company's financial performance, marked by declining revenue and negative profitability. Technical analysis shows short-term bullish momentum but also indicates potential overbought conditions. Valuation is weak due to unprofitability and lack of dividend yield, which affects the stock's overall attractiveness.

Rimbaco Group Global Limited Business Overview & Revenue Model

Company Description

Rimbaco Group Global Limited operates as a building construction contractor primarily in Malaysia. The company offers building construction services for factories, including low-rise processing facilities and manufacturing plants; and institutional, commercial, and/or residential buildings, such as private hospitals, hotels, shopping malls, high-rise residential buildings, and commercial/residential complexes. It also undertakes small-scale ancillary construction works comprising renovation, repair, and electrical works; and rents construction equipment. The company was founded in 1985 and is headquartered in Penang, Malaysia.

How the Company Makes Money

Rimbaco Group Global Limited generates revenue primarily through its construction services, which include the planning, design, and construction of various types of buildings. Key revenue streams are derived from contracts awarded for residential, commercial, and industrial construction projects. The company also benefits from strategic partnerships with real estate developers and government agencies, which help secure a steady pipeline of projects. Additionally, the company's focus on operational efficiency and cost management contributes to its profitability.

Rimbaco Group Global Limited Financial Statement Overview

Summary

Rimbaco Group Global Limited faces profitability challenges with declining revenue and margins. Despite a strong equity position and improved cash flow, negative net income and a significant revenue decline raise concerns. Continued focus on stabilizing revenues and improving operational efficiency is essential for future growth.

Income Statement

The company has experienced a significant decline in revenue from 2023 to 2024, with a revenue growth rate of -43.34%. Gross profit margin dropped to 1.40% in 2024, indicating reduced profitability. The net profit margin is negative at -0.54%, showing the company is not profitable currently. EBIT and EBITDA margins have also decreased, indicating operational challenges.

Balance Sheet

The balance sheet shows a healthy equity position with a low debt-to-equity ratio of 0.004 and an equity ratio of 51.79%. However, the return on equity has turned negative at -1.02%, reflecting unprofitable operations in the latest period. The company's strong cash position suggests liquidity stability.

Cash Flow

Free cash flow has turned positive in 2024 after being negative in 2023, indicating improved cash management. The operating cash flow to net income ratio is 7.15, suggesting strong cash flow generation relative to reported net income. However, past volatility in cash flows might present risks.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	289.18M	510.44M	475.56M	282.07M	180.26M
Gross Profit	4.05M	33.70M	4.94M	25.28M	22.74M
EBITDA	1.95M	30.50M	3.06M	22.33M	15.74M
Net Income	-1.55M	20.01M	233.00K	12.76M	6.20M
Balance Sheet
Total Assets	292.48M	348.17M	283.72M	314.68M	236.52M
Cash, Cash Equivalents and Short-Term Investments	62.79M	57.45M	97.84M	42.63M	44.13M
Total Debt	662.00K	786.00K	10.00K	816.00K	4.21M
Total Liabilities	141.06M	194.91M	127.50M	147.57M	81.73M
Stockholders Equity	151.42M	153.26M	156.22M	167.11M	154.79M
Cash Flow
Free Cash Flow	1.27M	-18.78M	62.02M	5.56M	-22.14M
Operating Cash Flow	11.09M	-12.74M	63.11M	8.78M	-18.43M
Investing Cash Flow	-5.13M	-4.58M	4.03M	-6.06M	-2.50M
Financing Cash Flow	-332.00K	-23.04M	-12.78M	-3.78M	52.91M

Rimbaco Group Global Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1953, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.10, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 65.43 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1953.

Rimbaco Group Global Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	kr59.49B	12.36	1.88%	2.32%	0.55%	-4.48%
1987	61 Neutral	HK$154.00M	73.33	0.91%	―	14.56%	―
1742	57 Neutral	HK$128.00M	0.91	22.73%	―	-3.44%	1060.87%
1953	56 Neutral	HK$146.16M	17.06	3.28%	24.64%	-29.24%	-40.35%
1870	53 Neutral	HK$224.92M	31.97	4.17%	―	4.28%	-77.88%
1707	51 Neutral	HK$179.76M	―	-9.34%	―	-40.18%	3.09%
1559	40 Underperform	HK$171.96M	―	-54.25%	―	9.07%	-6.24%

Rimbaco Group Global Limited Corporate Events

Rimbaco Group Announces Changes to Nomination Committee

Rimbaco Group Global Limited has announced a change in the composition of its Nomination Committee, effective June 26, 2025. Ms. Yeo Chew Yen Mary, an independent non-executive director, has been appointed as a member of the Nomination Committee, replacing Mr. Wong Chi Wai, who will continue his roles as chairman of the Audit Committee and a member of the Remuneration Committee. The Nomination Committee now includes Mr. Low Seah Sun as Chairman, Mr. Ng Kok Seng, and Ms. Yeo Chew Yen Mary. The Board expressed gratitude to Mr. Wong for his contributions and welcomed Ms. Yeo to her new role.

Rimbaco Group Global Limited Announces Board Composition and Roles

Rimbaco Group Global Limited has announced the composition of its board of directors, highlighting the roles and functions of each member. The board includes executive directors, a non-executive director, and independent non-executive directors, with specific assignments to the audit, remuneration, and nomination committees. This announcement provides clarity on the governance structure of the company, which is crucial for stakeholders to understand the leadership dynamics and decision-making processes within the organization.

Rimbaco Group Global Limited Updates Nomination Committee Terms

Rimbaco Group Global Limited has revised the terms of reference for its Nomination Committee, emphasizing the importance of independent non-executive directors and diversity among its members. This move aims to strengthen governance and ensure a balanced representation within the committee, potentially enhancing the company’s decision-making processes and stakeholder confidence.

Rimbaco Group Global Limited Reports Positive Interim Results for 1H2025

Rimbaco Group Global Limited reported its unaudited interim results for the six months ending April 30, 2025. The company achieved a gross profit of RM 6.273 million, a significant improvement from a loss of RM 2.201 million in the same period the previous year. The net profit attributable to the owners of the company was RM 3.163 million, compared to a loss of RM 3.313 million in the prior year. This positive turnaround in financial performance is indicative of improved operational efficiency and cost management, which could enhance the company’s market position and stakeholder confidence.

Rimbaco Group Global Limited Schedules Board Meeting for Interim Results and Dividend Consideration

Rimbaco Group Global Limited has announced that its board of directors will meet on June 26, 2025, to approve the company’s unaudited interim results for the six months ending April 30, 2025. The meeting will also consider the declaration, recommendation, or payment of dividends. This announcement could impact the company’s financial outlook and shareholder returns, as the board’s decisions on interim results and dividends are crucial for stakeholders.

Rimbaco Group Announces Positive Profit Alert for April 2025

Rimbaco Group Global Limited has announced a positive profit alert, indicating a significant financial turnaround for the six months ending April 2025. The company expects to report a net profit of up to RM3.2 million, compared to a net loss of RM3.3 million in the same period the previous year. This improvement is attributed to the completion of a substantial factory project and better profit margins. However, the financial results are still being finalized and have not yet been audited, so stakeholders are advised to exercise caution.