SERNKOU logo

Sern Kou Resources Berhad Stock Price

KLSE:SERNKOU Community·RM 916.4m Market Cap
  • 2 Narratives written by author
  • 0 Comments on narratives written by author
  • 4 Fair Values set on narratives written by author

SERNKOU Share Price Performance

RM 0.85
0.04 (4.94%)
RM 1.00
Fair Value
RM 0.85
0.04 (4.94%)
15.0% undervalued intrinsic discount
RM 1.00
Fair Value
Price RM 0.85
Ester RM 1.00
Germaine RM 0.49

SERNKOU Community Narratives

Fair Value
·
Fair Value RM 1 15.0% undervalued intrinsic discount

Sern Kou 处于转型调整期,营收基础稳健为复苏铺路

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Fair Value
·
Fair Value RM 0.49 73.5% overvalued intrinsic discount

Sern Kou Resource Stands to Benefit from Supply Chain Tightness and Pricing Power

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2users have followed this narrative
RM 1
15.0% undervalued intrinsic discount
Fair Value
Profit Margin
6.51%
Future PE
15.61x
Price in 2031
RM 1.64

Trending Discussion

Updated Narratives

SERNKOU logo

Sern Kou 处于转型调整期,营收基础稳健为复苏铺路

Fair Value: RM 1 15.0% undervalued intrinsic discount
2 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
SERNKOU logo

Sern Kou Resource Stands to Benefit from Supply Chain Tightness and Pricing Power

Fair Value: RM 0.49 73.5% overvalued intrinsic discount
2 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Low risk with imperfect balance sheet.

3 Risks
0 Rewards

Sern Kou Resources Berhad Key Details

RM 481.3m

Revenue

RM 473.1m

Cost of Revenue

RM 8.3m

Gross Profit

RM 22.3m

Other Expenses

-RM 14.1m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
-0.013
1.71%
-2.92%
53.9%
View Full Analysis

About SERNKOU

Founded
1993
Employees
777
CEO
Peng Low
WebsiteView website
www.sernkou.com/sernkougroup

Sern Kou Resources Berhad, an investment holding company, manufactures and trades in wooden furniture in Malaysia, the United States, Europe, and the Asia-Pacific. It operates through Manufacturing and Trading of Furniture; and Processing and Trading of Wood segments. The company offers dining, living room, bedroom, and occasional furniture; casual furniture, such as desks and chairs; plywood and related products; and management services. It is also involved in the manufacture, processing, trading, and transportation of various kinds of timber, wood, and related products; and logging, processing, and trading of rubber wood and timber logs. In addition, the company engages in planting, replanting, transplanting, thinning, and conserving of forests and timber tracts; and research and development on biotechnology, laboratory, and related products and services. Sern Kou Resources Berhad was founded in 1993 and is based in Muar, Malaysia.

Recent SERNKOU News & Updates

New Narrative May 22

Sern Kou 处于转型调整期,营收基础稳健为复苏铺路

Sern Kou Resources Berhad 最新季度业绩显示,公司正处于一个较具挑战性的调整阶段。面对需求放缓、令吉兑美元走强、物流成本波动、供应链不稳定以及客户下单情绪趋谨慎等外部压力,公司短期盈利表现受到影响,但整体营收基础仍保持相对稳健。 截至2026年3月31日第三季,Sern Kou 录得营业额 9,588万令吉,按年小幅下滑 4%;而首九个月累计营业额为 3.328亿令吉,仅较去年同期的3.381亿令吉下跌 2%。 在当前充满挑战的市场环境下,集团收入并未出现大幅萎缩,反映其核心业务仍具一定韧性。 盈利方面,集团第三季录得税前亏损 461万令吉,首九个月税前亏损则为 577万令吉。 不过,这并不单纯是业务需求消失所导致,而更多是受到利润率压缩、令吉升值、生产及营运成本上升、物流成本高企,以及公司无法完全把成本转嫁予客户等因素影响。 值得留意的是,集团的核心 木材加工及贸易业务 仍然保持盈利。该业务在本季贡献营业额约 8,645万令吉,并录得约 9.1万令吉 税前盈利;首九个月则贡献约 2.989亿令吉 营业额及 312万令吉 税前盈利。 虽然盈利较去年同期有所回落,但在需求偏软及成本压力仍存的背景下,该业务仍能保持盈利,显示其仍是集团的重要支撑。 至于 家具制造及贸易业务,目前仍处于较明显的调整期。该业务第三季表现受到海运费上升、地缘政治因素、供应链干扰、客户延迟发货安排,以及令吉升值等因素拖累。不过,从首九个月来看,该业务累计营业额仍由去年同期约 3,238万令吉 增至约 3,389万令吉,主要受上一季度圣诞季节性需求带动。这说明该业务并非完全失去动能,而是短期受外部环境及订单节奏影响。 从积极角度来看,Sern Kou 管理层并没有盲目追求销售规模,而是更注重成本纪律及营运效率。集团本季行政开销按年下降 42%,首九个月也下降 26%,融资成本亦略低于去年同期。这反映公司已开始采取成本控制措施,只是由于外部压力仍大,相关成效尚未完全反映在盈利层面。 此外,集团旗下全资子公司 Souncern Timber Sdn. Bhd.

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