Rimbaco Group Global Limited (1953) AI Stock Analysis

• Market Cap: HK$108.36M
• Dividend Yield: 24.64%
• Average Volume (3M): 138.17K
• Price to Earnings (P/E): 10.8
• Beta (1Y): 0.15
• Revenue Growth: -44.18%
• EPS Growth: -106.96%
• Country: HK
• Employees: 122
• Sector: Industrials
• Sector Strength: 88
• Industry: Engineering & Construction
• EPS (TTM): >-0.01
• Shares Outstanding: 1,260,000,000
• 10 Day Avg. Volume: 132,000
• 30 Day Avg. Volume: 138,166
• PEG Ratio: -27.16
• Price to Book (P/B): 3.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.00
• 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

• Rating: 47 Neutral
• Price Target: ―

Rimbaco Group Global Limited's overall score reflects its significant challenges in profitability and weak technical indicators. The company's strong balance sheet and improved cash flow provide some stability, but the stock's bearish trend and unattractive valuation metrics weigh heavily on its 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 makes money through its comprehensive range of construction services. The company's revenue model is primarily based on project contracts, where it earns income by completing construction projects for clients. These projects can vary in size and scope, from smaller residential buildings to large-scale commercial and industrial developments. Key revenue streams include contract fees, project management fees, and additional service charges related to design and engineering support. Significant partnerships with developers, government bodies, and corporate clients contribute to its earnings, allowing the company to secure a steady pipeline of projects and maintain its competitive edge in the industry.

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
	EBIT
-4.30M	24.68M	-1.04M	19.09M	11.81M
	EBITDA
1.95M	30.50M	3.06M	22.33M	15.74M
	Net Income Common Stockholders
-1.55M	20.01M	233.00K	12.76M	6.20M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
62.79M	57.45M	97.84M	42.63M	44.13M
	Total Assets
292.48M	348.17M	283.72M	314.68M	236.52M
	Total Debt
662.00K	786.00K	10.00K	816.00K	4.21M
	Net Debt
-62.13M	-56.66M	-97.83M	-41.82M	-39.92M
	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: Neutral
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• 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 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.09, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 75.64 is Negative, neither overbought nor oversold. The STOCH value of 88.38 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
Sector *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%
1953	47 Neutral	HK$108.36M	10.79	-0.94%	24.64%	-44.18%	-106.96%
CCOHF		$8.14B	6.30	14.62%	5.64%	―	―
CUV		€1.14B	―	-26.60%	―	―	―
3316	71 Outperform	HK$6.95B	11.73	36.29%	10.02%	25.93%	8.97%
1846	61 Neutral	HK$959.32M	12.03	7.39%	2.84%	0.20%	-36.95%
1628	20 Underperform	HK$379.06M	―		―	-55.88%	-10.72%

Rimbaco Group Global Limited Corporate Events

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.

Rimbaco Group Global Limited AGM Resolutions Unanimously Approved

Rimbaco Group Global Limited announced that all proposed resolutions at its annual general meeting on March 27, 2025, were passed by shareholders. These resolutions included the re-election of directors, the re-appointment of the company’s auditor, and the granting of general mandates to the directors for issuing and repurchasing shares. The unanimous approval of these resolutions reflects strong shareholder confidence in the company’s leadership and strategic direction.