About CLITE

Founded: 2007
Employees: 156
CEO: Yuen Chong
WebsiteView website: www.chemlite.com.my

Chemlite Innovation Berhad, through its subsidiaries, provides surface finishing treatment services in Malaysia, the Philippines, and internationally. The company offers engineering support services, such as metal plating services on intermediate metal products; metal plating services on intermediate metal products, including gold, silver, palladium and/or nickel through electroplating and electroless plating techniques. It also provides non-metal plating services on intermediate metal products comprising anodizing and other non-metal plating services. The company serves semiconductor, telecommunication, medical devices, and automotive sectors. Chemlite Innovation Berhad was founded in 2007 and is headquartered in Simpang Ampat, Malaysia.

Recent CLITE News & Updates

New Risk • May 25

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. Dividend per share is over 12x cash flows per share. Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 12x cash flows per share). Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (RM138.0m market cap, or US$34.8m).

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About CLITE

Recent CLITE News & Updates

New minor risk - Dividend sustainability

First quarter 2026 earnings released: EPS: RM0.002 (vs RM0.001 in 1Q 2025)

Weak Statutory Earnings May Not Tell The Whole Story For Chemlite Innovation Berhad (KLSE:CLITE)

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