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53

SkyWorld Development Berhad

5315 · KLSE · Real Estate / Real Estate - Development

0.36MYR-0.02 (-5.26%)

Price History

Full chart

Market Stats

Previous Close0.38
Open0.38
Day Range0.36 – 0.38
52-Week Range0.3616 – 0.5819
Volume451.00K
Market Cap389.11M
P/E (TTM)12.67
Forward P/E6.37
EPS0.03
Dividend Yield1.58%
Beta0.25
50-Day Avg0.3971
200-Day Avg0.4278

About

SkyWorld Development Berhad, an investment holding company, engages in the property development business in Malaysia. The company operates through Property Development; Property Management, Management Services, and Investment Holding; Property Investment; and Prefabricated Prefinished Volumetric Construction segments. It develops residential and commercial houses; and leases build-to-rent developments. The company also provides management, property investment, treasury management, e-commerce, construction of buildings, and management consulting services; research, designing, and advisory services of prefabricated prefinished volumetric construction; manufacture and supply prefabricated prefinished volumetric construction; and consultancy services related to real estates. In addition, it operates SkyWorld Connects App and SkyFamily; and Solution+, a proprietary e-commerce platform that offers interior design, renovation services, furniture, home appliances, telecommunications subscriptions, home moving assistance, and other complementary lifestyle services. The company was formerly known as SkyWorld Development Sdn. Bhd. and changed its name to SkyWorld Development Berhad in September 2022. The company was incorporated in 2006 and is headquartered in Kuala Lumpur, Malaysia.

Company Details

  • SectorReal Estate
  • IndustryReal Estate - Development
  • CEOMr. Chee Seng Lee
  • Employees283
  • HeadquartersBlock B, Kuala Lumpur, Malaysia, 55100, Malaysia
  • Websitehttps://skyworldgroup.com.my

Leadership

  • Mr. Chee Seng LeeCEO & Non-Independent Executive Director · b. 1973
  • Mr. Soo Keong LamNon-Independent Executive Director · b. 1967
  • Mr. Weng Cheong LowChief Financial Officer · b. 1979
  • Mr. Lea Chin TanHead of Sales · b. 1971
  • Mr. Hong Haw NgHead of Business Venture · b. 1983
  • Ms. Pei Koon FooCompany Secretary
  • Hock Wee TeCompany Secretary
  • Yin Bin LeeCompany Secretary

Financials

Income Statement

Currency: MYR2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue523.86M488.80M790.44M841.41M688.04M445.49M430.48M
Growth (%)--6.69%+61.71%+6.45%-18.23%-35.25%-3.37%
Cost of Revenue345.14M337.13M540.83M543.06M434.62M280.13M282.27M
Gross Profit178.72M151.66M249.61M298.35M253.42M165.36M148.21M
Gross Margin34.12%31.03%31.58%35.46%36.83%37.12%34.43%
Operating Expense63.64M60.35M83.80M83.31M87.97M79.72M88.43M
Operating Income115.08M91.32M165.80M215.03M165.45M85.64M59.78M
Operating Margin21.97%18.68%20.98%25.56%24.05%19.22%13.89%
EBITDA119.45M94.78M169.25M221.67M181.04M105.94M79.73M
EBITDA Margin22.80%19.39%21.41%26.34%26.31%23.78%18.52%
Net Income67.60M59.54M106.03M144.00M106.78M56.15M30.00M
Net Income Margin12.90%12.18%13.41%17.11%15.52%12.61%6.97%
Interest Expense15.65M18.51M17.74M14.77M16.16M14.67M19.07M
Interest Expense % of Total Revenue2.99%3.79%2.24%1.75%2.35%3.29%4.43%

Balance Sheet

Currency: MYR2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.03B1.19B1.36B1.32B1.56B1.53B2.08B
Total Liabilities729.75M831.87M899.54M702.01M715.81M651.03M1.17B
Total Equity300.47M360.01M465.88M609.79M846.10M880.02M897.79M
Cash140.33M155.92M280.47M223.41M350.74M197.96M345.00M
Net Debt271.68M236.59M167.55M259.71M138.82M251.27M225.81M

Cash Flow

Currency: MYR2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-69.83M46.11M84.15M-87.80M153.04M-91.67M-38.10M
Capital Expenditure625.39K797.50K12.57M17.51M10.84M7.51M95.34M
Free Cash Flow-70.45M45.32M71.59M-105.31M142.20M-99.18M-133.44M
Dividends Paid----42.50M15.00M8.20M
FCF to OCF100.90%98.27%85.07%119.95%92.91%108.20%350.20%
Dividend Paid to FCF----29.89%-15.12%-6.15%

Earnings

Report DateNov 22, 2023Feb 26, 2024May 21, 2024Aug 23, 2024Nov 22, 2024Feb 21, 2025May 23, 2025Aug 22, 2025Nov 21, 2025Feb 27, 2026May 26, 2026Aug 24, 2026
EPS Estimate------------
EPS Actual0.020.030.020.010.010.010.010.000.010.010.000.00
Surprise------------
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-----

Key Statistics & Ratios

Market Cap389.11M
Enterprise Value933.23M
Trailing P/E12.67
Forward P/E6.37
Price / Sales0.84
Price / Book0.53
EPS0.03
Book Value0.76
Revenue (TTM)464.55M
Gross Profit (TTM)152.82M
EBITDA72.41M
Profit Margin6.97%
Operating Margin13.73%
Return on Equity3.57%
Return on Assets2.22%
Shares Outstanding1.02B
Shares Float299.99M
Beta0.25
Dividend Yield1.58%
Dividend Rate0.01
Payout Ratio21.98%

Dividends

20262×
0.00Jul 2, 20260.00Jan 2, 2026
20251×
0.01Jul 1, 2025
20243×
0.01Dec 13, 20240.01Jul 1, 20240.01Jan 2, 2024
20231×
0.03Sep 11, 2023