Rimbaco Group Global Limited (1953) AI Stock Analysis

• Market Cap: HK$216.72M
• Dividend Yield: N/A
• Average Volume (3M): 1.02M
• Price to Earnings (P/E): 25.0
• Beta (1Y): 0.28
• Revenue Growth: -29.24%
• EPS Growth: -40.35%
• Country: HK
• Employees: 122
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): <0.01
• Shares Outstanding: 1,260,000,000
• 10 Day Avg. Volume: 1,121,000
• 30 Day Avg. Volume: 1,023,333
• PEG Ratio: 0.67
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.39
• P/FCF Ratio: 87.50
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: HK$0.21 ▲(28.12% Upside)

The overall stock score reflects significant financial performance challenges, including declining revenue and profitability. Technical analysis shows mixed signals with no strong momentum, and valuation metrics suggest the stock is relatively expensive. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Strong Equity Position

A strong equity position with low debt enhances financial stability, providing a solid foundation for future growth and resilience against economic fluctuations.

Improved Cash Flow

Positive free cash flow indicates better cash management, enhancing the company's ability to invest in growth opportunities and manage liabilities effectively.

Operational Efficiency

Strategic alliances improve operational efficiency, reducing costs and improving profitability, which is crucial for sustaining long-term competitive advantage.

Negative Factors

Declining Revenue

A significant revenue decline indicates challenges in market demand or competitive positioning, which could impact long-term growth and profitability.

Negative Profit Margins

Negative profit margins reflect operational inefficiencies and cost management issues, posing risks to sustainable profitability and shareholder value.

Profitability Challenges

Reduced profitability margins highlight challenges in cost control and pricing power, affecting the company's ability to generate sustainable profits.

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 through multiple streams including the sale of manufactured building materials, contracts for construction projects, and income from real estate developments and property management services. The company engages in large-scale construction projects, often partnering with government agencies and private sector clients, which provides a stable source of income through project contracts. Additionally, the company has established strategic alliances with suppliers and subcontractors, enhancing its operational efficiency and profitability. The focus on sustainable practices and innovative solutions also attracts clients who are increasingly prioritizing environmental responsibility, further contributing to the company's earnings.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	284.83M	289.18M	510.44M	475.56M	282.07M	180.26M
Gross Profit	12.52M	4.05M	33.70M	4.94M	25.28M	22.74M
EBITDA	10.67M	1.95M	30.50M	2.75M	22.33M	11.56M
Net Income	4.92M	-1.55M	20.01M	233.00K	12.76M	6.20M
Balance Sheet
Total Assets	248.50M	292.48M	348.17M	283.72M	314.68M	236.52M
Cash, Cash Equivalents and Short-Term Investments	43.24M	62.79M	57.45M	97.84M	42.63M	44.13M
Total Debt	662.00K	662.00K	786.00K	10.00K	816.00K	4.21M
Total Liabilities	93.93M	141.06M	194.91M	127.50M	147.57M	81.73M
Stockholders Equity	154.57M	151.42M	153.26M	156.22M	167.11M	154.79M
Cash Flow
Free Cash Flow	-1.40M	1.27M	-18.78M	62.02M	5.56M	-22.14M
Operating Cash Flow	17.64M	11.09M	-12.74M	63.11M	8.78M	-18.43M
Investing Cash Flow	-19.98M	-5.13M	-4.58M	4.03M	-6.06M	-2.50M
Financing Cash Flow	-467.00K	-332.00K	-23.04M	-12.78M	-3.78M	52.91M

Rimbaco Group Global Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1953, the sentiment is Neutral. The current price of 0.16 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.18, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.31 is Neutral, neither overbought nor oversold. The STOCH value of 80.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
1987	66 Neutral	HK$198.00M	33.17	2.60%	―	12.70%	-33.33%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1870	59 Neutral	HK$493.33M	-14.37	-18.78%	―	-8.26%	-240.93%
1953	55 Neutral	HK$216.72M	25.00	3.28%	―	-29.24%	-40.35%
1742	52 Neutral	HK$196.80M	1.60	22.81%	―	-3.44%	1060.87%
1707	46 Neutral	HK$105.84M	-5.65	-9.58%	―	3.97%	14.02%
1559	40 Underperform	HK$158.88M	-1.95	-46.27%	―	-63.83%	36.12%

Rimbaco Group Global Limited Corporate Events

Rimbaco Group Clarifies Purchaser Name in Land Disposal Announcement

Rimbaco Group Global Limited has issued a clarification regarding a clerical error in a previous announcement about the disposal of lands. The error involved the incorrect naming of the purchaser, which should be ‘Critical Project Management Sdn. Bhd.’ instead of ‘Critical M&E Engineering Sdn. Bhd.’ The company has corrected this mistake and confirmed that all other information in the original announcement remains unchanged.

The most recent analyst rating on (HK:1953) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Rimbaco Group Global Limited stock, see the HK:1953 Stock Forecast page.

Rimbaco Group Announces Land Disposal in Pulau Pinang

Rimbaco Group Global Limited has entered into an agreement to sell two pieces of vacant and undeveloped lands located in Bandar Jelutong, Pulau Pinang, for RM11,450,000. This transaction, classified as a discloseable transaction under the Listing Rules, was negotiated at arm’s length and reflects the current market conditions, potentially impacting the company’s investment property portfolio.

The most recent analyst rating on (HK:1953) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Rimbaco Group Global Limited stock, see the HK:1953 Stock Forecast page.