DailySpaceBursa Malaysia companies, read from their annual reports从年报读懂大马上市公司

ES Ceramics Technology Berhad

0100 · ACE Market创业板(ACE Market) · annual reports 2023 to 2025, 1278 entries read2023 至 2025 年报,共读出 1278 条

Revenue, 20252025 年营业额RM473.3m4.73亿令吉up 28.5% from比 2024 年增加 28.5%,当年为 RM368.4m3.68亿令吉 in 2024
Profit after taxation, 20252025 年税后盈利RM6.44m644万令吉up 987.2% from比 2024 年增加 987.2%,当年为 RM0.59m59万令吉 in 2024
Cash and cash equivalents, 20252025 年现金与现金等价物RM76.5m7.65千万令吉down 10.0% from比 2024 年减少 10.0%,当年为 RM85.0m8.50千万令吉 in 2024
Loans and borrowings, 20252025 年贷款与借款RM28.8m2.88千万令吉up 0.8% from比 2024 年增加 0.8%,当年为 RM28.6m2.86千万令吉 in 2024

The company这家公司

ES Ceramics manufactures ceramic hand formers. It expanded into construction materials through the acquisition of Evermix Concrete Sdn. Bhd. in 2022. The group also sells ready-mix concrete and other construction materials. The 2025 report records 37 batching plants across Peninsular Malaysia.ES Ceramics 制造陶瓷手模。集团于 2022 年收购 Evermix Concrete Sdn. Bhd.,进入建筑材料业务。集团也销售预拌混凝土及其他建筑材料。2025 年报记录集团在马来西亚半岛设有 37 座混凝土搅拌站。

Source: annual report 2023, pages 10, 102; annual report 2025, pages 5, 10.出处:2023 年年报第 10、102 页;2025 年年报第 5、10 页。

Building materials contributed RM440.6 million, or 93.10% of revenue, in 2025. Revenue from Malaysia was RM458.4 million. Customer I in the construction segment contributed RM51.8 million.2025 年,建筑材料业务贡献营业额 RM440.6 million,占 93.10%。来自马来西亚的营业额为 RM458.4 million。建筑部门的 Customer I 贡献 RM51.8 million。

Source: annual report 2025, pages 10, 106.出处:2025 年年报第 10、106 页。

The 2025 shareholding analysis lists Wong Fook Lin with 69,337,975 shares, or 9.806%, and Lim Ming Jee with 49,062,500 shares, or 6.938%. The report states that none of the directors has a family relationship with another director or a major shareholder.2025 年股权分析列明,Wong Fook Lin 持有 69,337,975 股,占 9.806%;Lim Ming Jee 持有 49,062,500 股,占 6.938%。年报表示,董事之间,以及董事与主要股东之间,均无亲属关系。

Source: annual report 2025, pages 7, 116.出处:2025 年年报第 7、116 页。

The 2025 list includes MAYBANK NOMINEES (TEMPATAN) SDN BHD pledged securities accounts for KOK YOON LIM with 14,809,700 shares (2.094%), PIONG TECK YEN with 6,227,700 shares (0.881%) and VUN BOON ONN with 2,690,000 shares (0.380%). PUBLIC NOMINEES (TEMPATAN) SDN BHD's pledged securities account for YAP CHENG CHON (E-KLG) holds 5,291,000 shares (0.748%).2025 年名单包括 MAYBANK NOMINEES (TEMPATAN) SDN BHD 名下为 KOK YOON LIM 开立的抵押证券账户,持有 14,809,700 股(2.094%);为 PIONG TECK YEN 开立的账户持有 6,227,700 股(0.881%);为 VUN BOON ONN 开立的账户持有 2,690,000 股(0.380%)。PUBLIC NOMINEES (TEMPATAN) SDN BHD 名下为 YAP CHENG CHON (E-KLG) 开立的抵押证券账户持有 5,291,000 股(0.748%)。

Source: annual report 2025, page 117.出处:2025 年年报第 117 页。

Other pledged securities accounts in the 2025 list are CGS INTERNATIONAL NOMINEES MALAYSIA (TEMPATAN) SDN. BHD. for GOALKEY SYSTEM SDN BHD (MY14 61), with 4,726,300 shares (0.668%), and OU CHIN HUA (MF00785), with 2,600,000 shares (0.368%); HLB NOMINEES (TEMPATAN) SDN BHD for AGROBULK HOLDINGS SDN. BHD., with 3,000,000 shares (0.424%), and TANG & CO SDN BHD, with 2,044,000 shares (0.289%); and TA NOMINEES (TEMPATAN) SDN BHD for CHIA HUE ENG, with 2,700,000 shares (0.382%).2025 年名单中的其他抵押证券账户包括:CGS INTERNATIONAL NOMINEES MALAYSIA (TEMPATAN) SDN. BHD. 名下为 GOALKEY SYSTEM SDN BHD (MY14 61) 开立的账户,持有 4,726,300 股(0.668%),以及为 OU CHIN HUA (MF00785) 开立的账户,持有 2,600,000 股(0.368%);HLB NOMINEES (TEMPATAN) SDN BHD 名下为 AGROBULK HOLDINGS SDN. BHD. 开立的账户,持有 3,000,000 股(0.424%),以及为 TANG & CO SDN BHD 开立的账户,持有 2,044,000 股(0.289%);TA NOMINEES (TEMPATAN) SDN BHD 名下为 CHIA HUE ENG 开立的账户,持有 2,700,000 股(0.382%)。

Source: annual report 2025, page 117.出处:2025 年年报第 117 页。

Datuk Paul Wong became Chairman on 30 May 2023. Tan Boon Sing joined the Board on 25 July 2023. Wong Fook Lin retired from the Board on 25 October 2024 and was reappointed on 9 May 2025.Datuk Paul Wong 于 2023 年 5 月 30 日出任主席。Tan Boon Sing 于 2023 年 7 月 25 日加入董事会。Wong Fook Lin 于 2024 年 10 月 25 日从董事会退休,并于 2025 年 5 月 9 日再次获委任。

Source: annual report 2025, pages 6, 41.出处:2025 年年报第 6、41 页。

Major events大事记

2022On 30 August, the company and Euroceramic Technologies Co., Ltd. acquired 70% and 30% respectively of Evermix Concrete Sdn. Bhd.8 月 30 日,公司与 Euroceramic Technologies Co., Ltd. 分别收购 Evermix Concrete Sdn. Bhd. 的 70% 与 30% 股权。

Source: annual report 2023, page 85.出处:2023 年年报第 85 页。

2023Datuk Paul Wong joined the Board on 2 May and became Chairman on 30 May.Datuk Paul Wong 于 5 月 2 日加入董事会,并于 5 月 30 日出任主席。

Source: annual report 2023, page 6.出处:2023 年年报第 6 页。

2023Tan Boon Sing joined the Board on 25 July.Tan Boon Sing 于 7 月 25 日加入董事会。

Source: annual report 2025, page 6.出处:2025 年年报第 6 页。

2023The remaining 32,339,802 unexercised Warrants-B expired on 19 October.剩余未行使的 32,339,802 份 Warrants-B 于 10 月 19 日到期。

Source: annual report 2024, page 63.出处:2024 年年报第 63 页。

2024The company declared a dividend of 0.50 sen per share on 13 May and paid it on 13 June.公司于 5 月 13 日宣布每股 0.50 仙股息,并于 6 月 13 日支付。

Source: annual report 2024, page 62.出处:2024 年年报第 62 页。

2024Wong Fook Lin retired from the Board on 25 October.Wong Fook Lin 于 10 月 25 日从董事会退休。

Source: annual report 2025, page 41.出处:2025 年年报第 41 页。

2025On 14 January, the group determined that it had lost control of Focus Maxwell Sdn. Bhd. following its placement under Members' Voluntary Liquidation.1 月 14 日,集团确定已失去对 Focus Maxwell Sdn. Bhd. 的控制权;该子公司此前进入股东自愿清盘程序。

Source: annual report 2025, page 99.出处:2025 年年报第 99 页。

2025Wong Fook Lin was reappointed to the Board on 9 May.Wong Fook Lin 于 5 月 9 日再次获委任加入董事会。

Source: annual report 2025, page 41.出处:2025 年年报第 41 页。

2025The company issued 34,375,000 shares to settle contingent consideration.公司发行 34,375,000 股,以结清或有对价。

Source: annual report 2025, page 87.出处:2025 年年报第 87 页。

Revenue and profit营业额与盈利

Revenue营业额
2022
RM115.9m1.16亿令吉
2023
RM271.3m2.71亿令吉
2024
RM368.4m3.68亿令吉
2025
RM473.3m4.73亿令吉
Profit before taxation税前盈利
2022
RM54.4m5.44千万令吉
2023
RM24.7m2.47千万令吉
2024
RM1.62m162万令吉
2025
RM11.0m1.10千万令吉
Profit after taxation税后盈利
2022
RM48.6m4.86千万令吉
2023
RM22.8m2.28千万令吉
2024
RM0.59m59万令吉
2025
RM6.44m644万令吉

Cash, borrowings and equity现金、借款与权益

Cash and cash equivalents现金与现金等价物
2022
RM60.9m6.09千万令吉
2023
RM50.9m5.09千万令吉
2024
RM85.0m8.50千万令吉
2025
RM76.5m7.65千万令吉
Loans and borrowings贷款与借款
2022
RM0.34m34万令吉
2023
RM26.1m2.61千万令吉
2024
RM28.6m2.86千万令吉
2025
RM28.8m2.88千万令吉
Total equity总权益
2022
RM132.1m1.32亿令吉
2023
RM161.1m1.61亿令吉
2024
RM185.2m1.85亿令吉
2025
RM197.0m1.97亿令吉

Cash spent on equipment and dividends设备与股息的现金支出

Purchase of property, plant and equipment购买产业、厂房与设备
2022
–RM16.5m–1.65千万令吉
2023
–RM10.3m–1.03千万令吉
2024
–RM4.14m–414万令吉
2025
–RM4.99m–499万令吉
Dividend paid已付股息
2022
–
2023
–
2024
RM00 令吉
2025
–RM3.36m–336万令吉

20232023 年

Operations generated RM41.6 million. The group paid RM50.4 million for the acquisition of Evermix, net of cash acquired, and RM10.3 million for property, plant and equipment. It drew RM12.7 million of term loans and repaid RM1.4 million of term loans, RM1.0 million of hire purchase obligations and RM1.6 million of lease liabilities. Warrant exercises brought in RM358,000. No dividend was declared or paid during the financial year.营运活动产生 RM41.6 million。集团收购 Evermix 的现金支出扣除所收购现金后为 RM50.4 million,购买产业、厂房与设备支出为 RM10.3 million。集团提取定期贷款 RM12.7 million,偿还定期贷款 RM1.4 million、租购款项 RM1.0 million 及租赁负债 RM1.6 million。认股权证获行使带来 RM358,000。财政年度内没有宣布或支付股息。

Source: annual report 2023, pages 12, 67; annual report 2024, page 11.出处:2023 年年报第 12、67 页;2024 年年报第 11 页。

20242024 年

Operations generated RM3.8 million. Warrant exercises brought in RM28.4 million. Disposals brought in RM7.2 million from right-of-use assets, RM1.3 million from investment properties and RM791,452 from plant and equipment. Cash purchases of property, plant and equipment were RM4.1 million, and investment property purchases were RM1.1 million. The group drew RM962,852 of term loans and repaid RM2.0 million of term loans, RM1.3 million of hire purchase obligations and RM1.6 million of lease liabilities. A dividend of 0.50 sen per share was declared in May and paid after year end, on 13 June 2024.营运活动产生 RM3.8 million。认股权证获行使带来 RM28.4 million。出售使用权资产收回 RM7.2 million,出售投资产业收回 RM1.3 million,出售厂房与设备收回 RM791,452。现金购买产业、厂房与设备支出为 RM4.1 million,购买投资产业支出为 RM1.1 million。集团提取定期贷款 RM962,852,偿还定期贷款 RM2.0 million、租购款项 RM1.3 million 及租赁负债 RM1.6 million。每股 0.50 仙股息于 5 月宣布,并于年结后的 2024 年 6 月 13 日支付。

Source: annual report 2024, pages 11, 62, 77.出处:2024 年年报第 11、62、77 页。

20252025 年

Operations used RM2.1 million. Cash purchases of property, plant and equipment were RM5.0 million. Disposals of plant and equipment brought in RM5.6 million, and disposals of right-of-use assets brought in RM1.8 million. The group drew no term loans and repaid RM1.7 million of term loans, RM1.8 million of hire purchase obligations, RM2.0 million of lease liabilities and RM400,000 of banker's acceptance. Share issues brought in RM148,500 of cash. It paid the previous financial year's RM3.4 million dividend. No dividend was declared for FY2025.营运活动使用 RM2.1 million。现金购买产业、厂房与设备支出为 RM5.0 million。出售厂房与设备收回 RM5.6 million,出售使用权资产收回 RM1.8 million。集团没有提取定期贷款,并偿还定期贷款 RM1.7 million、租购款项 RM1.8 million、租赁负债 RM2.0 million 及银行承兑汇票 RM400,000。发行股份带来现金 RM148,500。集团支付上一财政年度的股息 RM3.4 million。2025 财政年度没有宣布股息。

Source: annual report 2025, pages 11, 12, 59, 73, 100.出处:2025 年年报第 11、12、59、73、100 页。

Across the years历年合看

Cash and cash equivalents were RM50.9 million in 2023, RM85.0 million in 2024 and RM76.5 million in 2025. Loans and borrowings rose from RM26.1 million to RM28.6 million and then RM28.8 million. Lease liabilities were separate: RM2.8 million, RM3.5 million and RM5.9 million. In 2025 the company also issued 34,375,000 shares to settle contingent consideration for the Evermix acquisition; the share capital amount recorded was RM5.2 million.现金与现金等价物在 2023 年为 RM50.9 million,2024 年为 RM85.0 million,2025 年为 RM76.5 million。贷款与借款由 RM26.1 million 升至 RM28.6 million,再升至 RM28.8 million。另列的租赁负债分别为 RM2.8 million、RM3.5 million 及 RM5.9 million。2025 年,公司也发行 34,375,000 股,以结清收购 Evermix 的或有对价;计入股本的金额为 RM5.2 million。

Source: annual report 2023, pages 85, 114; annual report 2024, page 123; annual report 2025, pages 87, 110.出处:2023 年年报第 85、114 页;2024 年年报第 123 页;2025 年年报第 87、110 页。

Still to be spent尚未支出

The 2025 report lists RM1.2 million of capital commitments for construction of investment properties.2025 年报列有 RM1.2 million 的投资产业建设资本承诺。

Source: annual report 2025, page 106.出处:2025 年年报第 106 页。

Four years of figures四年数字

Group figures, in RM, as printed in the statements.集团数字,单位令吉,照财务报表所印。

Group集团2022202320242025
RM令吉RM令吉RM令吉RM令吉
Revenue营业额115,890,501271,263,127368,438,259473,280,958
Profit before taxation税前盈利54,350,89224,730,3671,615,67511,036,199
Profit after taxation税后盈利48,611,66522,814,185592,6026,442,476
Purchase of property, plant and equipment购买产业、厂房与设备(16,519,190)(10,302,898)(4,138,049)(4,985,317)
Dividend paid已付股息––0(3,356,947)
Total assets总资产–299,084,271321,885,521–
Loans and borrowings贷款与借款341,64426,099,64928,574,74728,816,692
Cash and cash equivalents现金与现金等价物60,936,62850,945,56785,011,23376,539,919
Total equity总权益132,144,600161,056,421185,215,283197,029,960
Short-term investments短期投资180,578177,446196,623167,143
Net cash from/(for) financing activities融资活动所得/所用现金净额(787,957)9,453,57225,611,377–

On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上,可看到它印在哪份年报的哪一页。

Said and done说过的与做到的

What the reports said年报说要做的What later reports show之后年报显示的Status状态
The 2023 report said the company was required to issue 34,375,000 shares to the Evermix vendors if cumulative profit after tax for FY2023 and FY2024 exceeded RM11.0 million.2023 年报表示,若 Evermix 在 2023 及 2024 财政年度的累计税后盈利超过 RM11.0 million,公司须向卖方发行 34,375,000 股。The 2025 report records 34,375,000 shares issued upon settlement of contingent consideration.2025 年报记录,公司在结清或有对价时发行了 34,375,000 股。

Source: annual report 2023, page 85; annual report 2025, page 87.出处:2023 年年报第 85 页;2025 年年报第 87 页。

Shares issued已发行股份
In 2024 the group expected sales to increase, citing anticipated economic growth and activity in Johor, Penang and Klang Valley.2024 年,集团预期销售增加,并提到所预期的经济增长,以及 Johor、Penang 和 Klang Valley 的经济活动。Building materials revenue rose from RM341.6 million in 2024 to RM440.6 million in 2025.建筑材料营业额由 2024 年的 RM341.6 million 升至 2025 年的 RM440.6 million。

Source: annual report 2024, pages 10, 13; annual report 2025, page 10.出处:2024 年年报第 10、13 页;2025 年年报第 10 页。

Sales increased销售增加
The 2024 report said the glove oversupply situation was widely expected to reach equilibrium by 2025.2024 年报表示,市场普遍预期手套供应过剩的情况会在 2025 年达到平衡。The 2025 report said global glove oversupply and excess capacity remained unresolved.2025 年报表示,全球手套供应过剩及产能过剩问题仍未解决。

Source: annual report 2024, page 13; annual report 2025, page 12.出处:2024 年年报第 13 页;2025 年年报第 12 页。

Unresolved in 20252025 年仍未解决
The 2024 report said Wong Fook Lin would retire from the Board at the close of the AGM and remain Group Chief Executive Officer.2024 年报表示,Wong Fook Lin 将于股东周年大会结束时从董事会退休,并继续担任集团首席执行员。The 2025 report records his retirement on 25 October 2024 and reappointment to the Board on 9 May 2025.2025 年报记录,他于 2024 年 10 月 25 日退休,并于 2025 年 5 月 9 日再次获委任加入董事会。

Source: annual report 2024, page 46; annual report 2025, page 41.出处:2024 年年报第 46 页;2025 年年报第 41 页。

Retired; later reappointed已退休,之后再次获委任
The 2023 report acknowledged a target of at least 30% women directors.2023 年报提到女性董事至少占 30% 的目标。The 2025 report states that women represented 20% of the Board, with one woman and four men.2025 年报表示,女性占董事会的 20%,董事会有一名女性及四名男性。

Source: annual report 2023, page 36; annual report 2025, page 44.出处:2023 年年报第 36 页;2025 年年报第 44 页。

Below the stated target低于所述目标

What the reports leave open年报留下待看的事

  • Collection of trade receivables remains open: the 2025 report records RM121.2 million net of impairment losses, with accumulated impairment losses of RM10.0 million.贸易应收款的收回情况仍待跟进:2025 年报记录,扣除减值亏损后的金额为 RM121.2 million,累计减值亏损为 RM10.0 million。

    Source: annual report 2025, pages 65, 86.出处:2025 年年报第 65、86 页。

  • The latest report leaves RM1.2 million of investment property construction commitments to be spent.最新年报列有尚未支出的 RM1.2 million 投资产业建设承诺。

    Source: annual report 2025, page 106.出处:2025 年年报第 106 页。

  • Glove oversupply and excess capacity remained unresolved in the latest report. The group said it would continue cost rationalisation and product development.最新年报表示,手套供应过剩及产能过剩问题仍未解决。集团表示会继续调整成本及开发产品。

    Source: annual report 2025, pages 12, 13.出处:2025 年年报第 12、13 页。

  • There were 5,950,000 vested and exercisable share options at 31 May 2025. They expire on 2 September 2028.截至 2025 年 5 月 31 日,已有 5,950,000 份归属且可行使的股票期权,将于 2028 年 9 月 2 日到期。

    Source: annual report 2025, page 90.出处:2025 年年报第 90 页。

Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-28.内容为公司年报所印的事实,并注明页码;不评级,不构成投资建议。生成日期 2026-10-28。