YOLFTbeta
Wah Seong Corporation Bhd

Wah Seong Corporation Bhd

5142 · KLSE · Energy / Oil & Gas Equipment & Services

0.65MYR-0.01 (-1.52%)

Price History

Full chart

Market Stats

Previous Close0.66
Open0.66
Day Range0.65 – 0.66
52-Week Range0.6494 – 1.13
Volume714.80K
Market Cap542.02M
P/E (TTM)4.12
Forward P/E4.32
EPS0.17
Dividend Yield8.57%
Beta0.03
50-Day Avg0.7413
200-Day Avg0.8701

About

Wasco Berhad provides energy solutions worldwide It operates through Energy Services, Bioenergy Services, and Others segments. The company engages in pipe coating and manufacturing activities; building and operation offshore and onshore field development facilities; specialized equipment and services to the power generation, oleochemical, and petrochemical industries; and specialized equipment for biomass power plants, such as industrial fans, boilers, and turbines. It also provides management support; coating plant construction; pipeline anti-corrosion and concrete weight coating; line pipe thermal insulation; fuel, gas, and gas cylinders; property investment; cathodic protection services and equipment; corrosion protection, passive fire protection, special paint coating, and technical training services; spiral welded pipes; engineering, design, fabrication, and construction; operation and maintenance; spare parts and equipment for the palm oil and other agricultural industries; decanters; and accessories and equipment under the Saito brand for disc bowl centrifuges. In addition, the company engages in the manufacture, supply, and installation of sacrificial anodes; leasing of compressors, power generators, and equipment; designing, engineering, fabrication, and sale of gas processing and compression systems, and gas-based power generators; servicing and sale of parts for oil and gas processing and compression systems; contracting of industrial engineering projects; letting of properties; and undertaking steam boilers and energy system projects. Further, it is involved in the trading, distribution, and warehousing of building materials; and treasury management activities, including cash financing, debt management, investment, and financial risk management. The company was formerly known as Wah Seong Corporation Berhad and changed its name to Wasco Berhad in May 2023. Wasco Berhad was founded in 1994 and is headquartered in Kuala Lumpur, Malaysia.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Gian Carlo Maccagno
  • Employees5.49K
  • HeadquartersThe Gardens North Tower, Kuala Lumpur, Malaysia, 59200, Malaysia
  • Websitehttps://wascoenergy.com

Leadership

  • Mr. Gian Carlo MaccagnoMD, Group CEO & Executive Director · b. 1963
  • Mr. Ramanathan P.R. SingaramChief Financial Officer · b. 1968
  • Mr. Tze Phei TeeChief Information Officer · b. 1989
  • Ms. Hwee Hong OngVice President of Group Human Resources · b. 1979
  • Mr. Yee Chong LeeChief Executive Officer of Bioenergy Services · b. 1969
  • Madam Ariesza NoorChief Strategy Officer · b. 1978
  • Mr. Shamugam KarupiahChief Executive Officer of Wasco Energy Ltd · b. 1970
  • Mr. Giap Hwa OoiHead of Finance of Bioenergy Services · b. 1973
  • Mr. Sivaramayah SivalingamHead of Group Internal Audit · b. 1972
  • Mr. Yoke Seong WongChief Executive Officer of Bioenergy Services Division of Agro-Based Unit · b. 1983

Financials

Income Statement

Currency: MYR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.95B1.78B2.44B1.84B1.28B2.49B2.96B2.51B1.41B1.43B2.37B2.61B3.18B2.61B
Growth (%)--8.86%+37.10%-24.56%-30.62%+95.22%+18.82%-15.07%-43.97%+1.43%+65.54%+10.13%+22.21%-18.18%
Cost of Revenue1.69B1.51B1.95B1.58B1.12B2.18B2.63B2.21B1.23B1.26B1.98B2.16B2.63B2.18B
Gross Profit261.00M273.00M486.00M263.00M158.22M309.67M335.85M308.06M179.67M168.59M388.98M445.84M552.22M422.51M
Gross Margin13.37%15.35%19.93%14.29%12.39%12.43%11.34%12.25%12.75%11.80%16.44%17.11%17.34%16.22%
Operating Expense173.00M197.00M271.00M233.00M308.13M150.18M171.53M328.52M390.77M141.58M199.32M173.38M306.53M244.59M
Operating Income88.00M76.00M215.00M30.00M-149.91M159.49M164.32M-20.46M-211.10M27.01M189.65M272.45M245.69M177.92M
Operating Margin4.51%4.27%8.82%1.63%-11.74%6.40%5.55%-0.81%-14.98%1.89%8.02%10.46%7.72%6.83%
EBITDA-----310.96M335.79M231.34M-127.33M2.17M188.74M359.97M379.80M327.95M
EBITDA Margin-----12.48%11.34%9.20%-9.04%0.15%7.98%13.81%11.93%12.59%
Net Income53.00M32.00M126.00M9.00M-228.30M113.02M64.80M24.14M-295.15M-107.48M-6.30M108.40M153.04M160.54M
Net Income Margin2.72%1.80%5.17%0.49%-17.88%4.54%2.19%0.96%-20.95%-7.52%-0.27%4.16%4.81%6.16%
Interest Expense0000995.00K487.00K44.00K54.65M43.39M36.15M43.30M58.74M52.63M37.59M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.08%0.02%0.00%2.17%3.08%2.53%1.83%2.25%1.65%1.44%

Balance Sheet

Currency: MYR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.17B2.50B2.90B3.00B2.61B3.17B2.77B2.67B2.27B2.23B2.71B2.95B2.91B2.52B
Total Liabilities1.08B1.34B1.63B1.77B1.83B2.28B1.81B1.69B1.56B1.59B2.03B2.13B1.97B1.35B
Total Equity----775.89M894.16M955.73M979.95M703.73M588.50M579.99M704.81M842.83M1.04B
Cash158.00M204.00M150.00M160.00M163.49M189.61M156.36M94.70M155.65M136.05M275.93M307.16M241.05M197.91M
Total Debt-----349.90M225.62M625.46M438.96M997.46M1.03B929.84M757.71M604.56M
Net Debt-----749.41M632.37M823.92M722.41M861.41M750.64M622.67M516.66M406.65M

Cash Flow

Currency: MYR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow97.00M272.00M41.00M173.00M131.42M337.52M196.89M207.00M105.98M220.12M166.25M239.67M256.47M235.81M
Investing Cash Flow-190.00M-268.00M-272.00M-107.00M-302.58M-435.68M155.58M-34.54M66.11M-60.16M-64.00M-86.32M-53.02M1.32M
Financing Cash Flow-174.00M53.00M91.00M-17.00M76.04M98.68M-362.07M-261.49M-81.57M-159.27M-16.12M-75.77M-274.70M-225.52M
Capital Expenditure38.00M216.00M133.00M112.00M166.98M478.02M98.22M62.28M52.83M96.17M36.65M127.53M119.70M111.11M
Free Cash Flow------140.50M98.67M144.72M53.15M123.95M129.60M112.14M136.77M124.70M
Dividends Paid----11.59M0-3.08M3.08M0---38.72M
FCF to OCF------41.63%50.12%69.91%50.15%56.31%77.96%46.79%53.33%52.88%
Dividend Paid to FCF-----0.00%-2.13%5.80%0.00%---31.05%

Earnings

Report DateSep 30, 2002Dec 31, 2002Jun 30, 2003Sep 30, 2003Dec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Aug 31, 2005Nov 30, 2005Mar 1, 2006May 30, 2006Aug 30, 2006Nov 29, 2006Feb 28, 2007May 29, 2007May 27, 2008Sep 3, 2008Dec 3, 2008Jun 2, 2009Sep 2, 2009Dec 2, 2009Mar 3, 2010Jun 1, 2010Sep 1, 2010Dec 1, 2010Mar 2, 2011May 31, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012May 29, 2012Aug 29, 2012Nov 28, 2012Feb 27, 2013May 28, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 27, 2014Sep 3, 2014Dec 3, 2014Mar 4, 2015Jun 2, 2015Sep 2, 2015Dec 2, 2015Mar 2, 2016May 31, 2016Aug 23, 2016Nov 21, 2016Feb 28, 2017May 30, 2017Aug 28, 2017Nov 29, 2017Feb 26, 2018May 16, 2018Aug 30, 2018Nov 30, 2018Feb 25, 2019May 13, 2019Sep 2, 2019Nov 29, 2019Mar 2, 2020May 20, 2020Aug 27, 2020Nov 24, 2020Feb 23, 2021May 19, 2021Aug 26, 2021Nov 22, 2021Feb 24, 2022May 23, 2022Aug 25, 2022Nov 23, 2022Feb 22, 2023May 23, 2023Aug 24, 2023Nov 28, 2023Feb 27, 2024May 30, 2024Aug 29, 2024Nov 28, 2024Feb 28, 2025May 29, 2025Aug 27, 2025Nov 26, 2025Feb 26, 2026May 27, 2026Aug 28, 2026
EPS Estimate-------------------------------------------------------------------------------------------
EPS Actual0.010.010.010.010.010.010.010.010.010.010.050.020.000.00-0.010.020.040.030.040.030.040.030.040.040.040.020.000.020.030.050.030.030.020.020.030.010.01-0.000.010.010.030.030.050.040.040.030.010.00-0.040.00-0.01-0.03-0.250.010.010.040.080.040.030.03-0.010.030.020.02-0.04-0.06-0.04-0.330.040.010.00-0.01-0.140.010.020.03-0.060.030.030.040.050.070.050.030.050.050.040.040.070.010.04
Surprise-------------------------------------------------------------------------------------------
Timing--------------------------------------------------------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap542.02M
Enterprise Value713.49M
Trailing P/E4.12
Forward P/E4.32
PEG Ratio0.45
Price / Sales0.25
Price / Book0.55
EPS0.17
Book Value1.35
Revenue (TTM)2.13B
Gross Profit (TTM)389.52M
EBITDA250.43M
Profit Margin6.27%
Operating Margin9.85%
Return on Equity12.44%
Return on Assets5.13%
Shares Outstanding774.31M
Shares Float393.02M
Beta0.03
Dividend Yield8.57%
Dividend Rate0.06
Payout Ratio23.16%

Dividends

20261×
0.01Mar 13, 2026
20252×
0.03Sep 19, 20250.02Mar 19, 2025
20201×
0.00Mar 11, 2020
20162×
0.00Sep 15, 20160.01Mar 11, 2016
20152×
0.02Sep 11, 20150.02Mar 12, 2015
20142×
0.02Sep 10, 20140.02Mar 11, 2014
20132×
0.02Sep 5, 20130.02Mar 11, 2013
20122×
0.02Sep 11, 20120.03Mar 7, 2012
20112×
0.03Sep 27, 20110.02Mar 3, 2011
20102×
0.02Sep 15, 20100.03Mar 23, 2010
20092×
0.02Oct 1, 20090.01Mar 27, 2009
20082×
0.02Sep 26, 20080.04Mar 19, 2008
20072×
0.02Sep 26, 20070.03Jun 27, 2007

Stock Splits

  • Mar 11, 2020201:200
  • Mar 12, 2015181:180
  • Mar 11, 2014151:150
  • Mar 11, 2013111:110
  • Mar 23, 2010121:120
  • Feb 25, 20085:4