New Risk • May 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.5% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (RM174.3m market cap, or US$43.9m). Reported Earnings • May 24
First quarter 2026 earnings released: EPS: RM0.024 (vs RM0.003 in 1Q 2025) First quarter 2026 results: EPS: RM0.024 (up from RM0.003 in 1Q 2025). Revenue: RM63.1m (up 10% from 1Q 2025). Net income: RM24.6m (up RM22.0m from 1Q 2025). Profit margin: 39% (up from 4.6% in 1Q 2025). The increase in margin was primarily driven by lower expenses. 공시 • Apr 27
BWYS Group Berhad, Annual General Meeting, Jun 30, 2026 BWYS Group Berhad, Annual General Meeting, Jun 30, 2026, at 10:30 Singapore Standard Time. Location: lot 1571, jalan serunai, kawasan perindustrian valdor, mukim 12, 14200 sungai bakap, penang, Malaysia Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: RM0.015 (vs RM0.011 in FY 2024) Full year 2025 results: EPS: RM0.015 (up from RM0.011 in FY 2024). Revenue: RM276.6m (up 17% from FY 2024). Net income: RM15.1m (up 96% from FY 2024). Profit margin: 5.4% (up from 3.2% in FY 2024). The increase in margin was driven by higher revenue. 공시 • Nov 28
BWYS Group Berhad Announces Resignation of Sim Kay Wah as Chief Financial Officer, Effective November 30, 2025 BWYS GROUP BERHAD announced the resignation of Mr. Sim Kay Wah as Chief Financial Officer effective November 30, 2025. Mr. Sim Kay Wah is 49 years old and holds Malaysian nationality. The reason for his resignation is to pursue other interests. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: RM0.004 (vs RM0.002 in 3Q 2024) Third quarter 2025 results: EPS: RM0.004 (up from RM0.002 in 3Q 2024). Revenue: RM74.8m (up 36% from 3Q 2024). Net income: RM4.33m (up 110% from 3Q 2024). Profit margin: 5.8% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. Reported Earnings • Aug 19
Second quarter 2025 earnings released Second quarter 2025 results: EPS: RM0.004. Net income: RM3.96m (up RM3.96m from 2Q 2024). Reported Earnings • May 30
First quarter 2025 earnings released First quarter 2025 results: EPS: RM0.003. Net income: RM2.63m (up RM2.63m from 1Q 2024). New Risk • May 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (RM199.9m market cap, or US$47.3m). 공시 • Apr 26
BWYS Group Berhad, Annual General Meeting, May 29, 2025 BWYS Group Berhad, Annual General Meeting, May 29, 2025, at 10:00 Singapore Standard Time. Location: grand ballroom, level 2, penang marriott hotel, 55 persiaran gurney, 10250 george town, penang, Malaysia New Risk • Apr 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (RM174.3m market cap, or US$39.0m). Reported Earnings • Feb 25
Full year 2024 earnings released: EPS: RM0.008 (vs RM0.017 in FY 2023) Full year 2024 results: EPS: RM0.008 (down from RM0.017 in FY 2023). Revenue: RM236.8m (down 3.8% from FY 2023). Net income: RM7.58m (down 57% from FY 2023). Profit margin: 3.2% (down from 7.2% in FY 2023). New Risk • Jan 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (RM235.8m market cap, or US$52.4m). 공시 • Nov 27
BWYS Group Berhad Announces Written Off of Property, Plant and Equipment for the Quarter Ended September 30, 2024 BWYS Group Berhad announced Written off of property, plant and equipment for the quarter ended September 30, 2024. For the quarter, the company reported Written off of property, plant and equipment of MYR 709,000. 공시 • Aug 15
BWYS Group Berhad Announces Resignation of Wong Youn Kim as Company Secretary BWYS Group Berhad announced resignation of Wong Youn Kim as Company Secretary, date of change is August 15, 2024. Board Change • Jul 22
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. MD & Executive Director Beng Kang is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.