DailySpaceSamaiden Group Berhad
0223 · Main Market主板（Main Market） · annual reports 2023 to 2025, 598 entries read2023 至 2025 年报，共读出 598 条
The company这家公司
Samaiden Group Berhad provides engineering, procurement, construction and commissioning services for solar photovoltaic systems and power plants, as well as renewable energy asset investment.Samaiden Group Berhad 主要提供太阳能光伏系统与电厂的工程、采购、建造及调试（EPCC）服务，并投资可再生能源资产。
Source: annual report 2023, pages 131, 137; annual report 2024, page 19.出处：2023 年年报第 131、137 页；2024 年年报第 19 页。
In 2025, EPCC services generated RM348.2 million of revenue, solar photovoltaic investment RM705,145, and other services RM4.6 million.2025 年，EPCC 服务贡献营业额 RM348.2 million，太阳能光伏投资贡献 RM705,145，其他服务贡献 RM4.6 million。
Source: annual report 2025, page 88.出处：2025 年年报第 88 页。
By geography in 2025, Malaysia accounted for RM349.7 million of revenue, Cambodia RM2.9 million, and Singapore RM910,441.按地区划分，2025 年马来西亚贡献营业额 RM349.7 million，柬埔寨 RM2.9 million，新加坡 RM910,441。
Source: annual report 2025, page 88.出处：2025 年年报第 88 页。
Three customers are named as major customers in 2025: Customer E with revenue of RM93.1 million, Customer D with RM67.2 million, and Customer C with RM53.7 million.2025 年列出三家主要客户：客户 E 贡献营业额 RM93.1 million，客户 D 贡献 RM67.2 million，客户 C 贡献 RM53.7 million。
Source: annual report 2025, page 91.出处：2025 年年报第 91 页。
Datuk Ir. Chow Pui Hee and Fong Yeng Foon are in a spousal relationship; in 2025, Datuk Ir. Chow Pui Hee held 147,652,500 shares (31.79%) directly, Fong Yeng Foon held 86,770,500 shares (18.68%) directly, and Chudenko Corporation held 83,333,333 shares (17.94%).Datuk Ir. Chow Pui Hee 与 Fong Yeng Foon 为夫妻关系；2025 年，Datuk Ir. Chow Pui Hee 直接持有 147,652,500 股（31.79%），Fong Yeng Foon 直接持有 86,770,500 股（18.68%），Chudenko Corporation 持有 83,333,333 股（17.94%）。
Source: annual report 2025, pages 53, 99.出处：2025 年年报第 53、99 页。
Shares held in pledged securities accounts included 23,000,000 shares (4.95%) for Chow Pui Hee and 7,700,100 shares (1.66%) for Fong Yeng Foon.在质押证券账户中的股份包括 Chow Pui Hee 的 23,000,000 股（4.95%）以及 Fong Yeng Foon 的 7,700,100 股（1.66%）。
Source: annual report 2025, page 99.出处：2025 年年报第 99 页。
Revenue by segment, 20252025 年各业务部门营业额
Source: annual report 2025, page 88.出处：2025 年年报第 88 页。
Major events大事记
Source: annual report 2023, page 79; annual report 2024, page 108; annual report 2025, page 64.出处：2023 年年报第 79 页；2024 年年报第 108 页；2025 年年报第 64 页。
Source: annual report 2023, page 121.出处：2023 年年报第 121 页。
Source: annual report 2023, page 147.出处：2023 年年报第 147 页。
Source: annual report 2024, pages 11, 25.出处：2024 年年报第 11、25 页。
Source: annual report 2025, pages 17, 25.出处：2025 年年报第 17、25 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, borrowings and equity资产、借款与权益
20232023 年
In 2023, net cash from operating activities was RM33.4 million. Acquisition of property, plant and equipment was RM1.8 million, while term loan drawdowns brought RM1,150,000. Net repayments of bankers' acceptance were RM6.5 million. Proceeds from share issues via warrant conversions were RM1.7 million. On 30 August 2023, after the year end, a first interim single-tier dividend of RM0.005 per share amounting to approximately RM2.0 million was declared.2023 年，营运活动现金净额为 RM33.4 million。购置物业、厂房及设备支出 RM1.8 million，提取定期贷款带来 RM1,150,000。银行承兑汇票净偿还 RM6.5 million。行使凭单发股所得款项为 RM1.7 million。2023 年 8 月 30 日，即年结之后，公司宣布派发每股 RM0.005 的首期单层中期股息，总额约 RM2.0 million。
Source: annual report 2023, pages 82, 99, 100.出处：2023 年年报第 82、99、100 页。
20242024 年
In 2024, net cash from operating activities was RM2.4 million. Acquisition of property, plant and equipment used RM2.1 million. Financing cash inflows included warrant conversion proceeds of RM22.4 million. Net drawdown of bankers' acceptance was RM3.1 million, while revolving credit repayments were RM1,000,000. Dividends paid to owners were RM2.0 million.2024 年，营运活动现金净额为 RM2.4 million。购置物业、厂房及设备支出 RM2.1 million。融资现金流入包括凭单转换所得款项 RM22.4 million。银行承兑汇票净提取 RM3.1 million，循环贷款偿还 RM1,000,000。已付所有者股息为 RM2.0 million。
Source: annual report 2024, pages 112, 129, 130.出处：2024 年年报第 112、129、130 页。
20252025 年
In 2025, operating cash flow was negative RM17.1 million. Acquisition of property, plant and equipment took RM11.3 million, and placement of pledged deposits with licensed banks took RM24.4 million. Financing cash inflows included RM103.0 million from the drawdown of Islamic medium term notes and Islamic commercial papers, and RM21.5 million from share issuances. Dividends paid were RM9.2 million, while net repayments of bankers' acceptances were RM6.5 million.2025 年，营运现金流为负 RM17.1 million。购置物业、厂房及设备支出 RM11.3 million，存放持牌银行质押定存支出 RM24.4 million。融资现金流入包括提取伊斯兰中期票据与伊斯兰商业票据的 RM103.0 million，以及发售股份所得 RM21.5 million。已付股息为 RM9.2 million，银行承兑汇票净偿还 RM6.5 million。
Source: annual report 2025, page 75.出处：2025 年年报第 75 页。
Across the three years三年合看
Across the three years, borrowings rose from RM6.5 million in 2023 to RM8.5 million in 2024 and RM106.7 million in 2025. At 30 June 2025 they included RM103.0 million of Islamic medium term notes. Total assets rose from RM194.5 million in 2023 to RM571.0 million in 2025. The unbilled order book fell from RM372.8 million in 2023 to RM313.52 million in 2024, then rose to RM699.2 million in 2025.三年合看，借款从 2023 年的 RM6.5 million 增至 2024 年的 RM8.5 million 和 2025 年的 RM106.7 million。截至 2025 年 6 月 30 日，借款包括 RM103.0 million 的伊斯兰中期票据。总资产从 2023 年的 RM194.5 million 增至 2025 年的 RM571.0 million。未开账单订单从 2023 年的 RM372.8 million 降至 2024 年的 RM313.52 million，随后在 2025 年升至 RM699.2 million。
Source: annual report 2023, page 19; annual report 2024, page 16; annual report 2025, pages 10, 87.出处：2023 年年报第 19 页；2024 年年报第 16 页；2025 年年报第 10、87 页。
Still to be spent尚未支出的承诺
Gross proceeds of RM29.35 million raised from the initial public offering were fully utilised by 30 June 2025. Of RM25.3 million of other proceeds earmarked to part finance investment in renewable energy assets and placement expenses, RM4.9 million was still unused at 30 June 2025. Capital commitments contracted for property, plant and equipment stood at RM44.1 million at 30 June 2025, compared to RM1.7 million in 2024 and RM1.8 million in 2023.首次公开募股筹集的 RM29.35 million 募集资金总额截至 2025 年 6 月 30 日已全数动用。另有 RM25.3 million 募集资金拨作部分资助可再生能源资产投资及配售开支，截至 2025 年 6 月 30 日仍有 RM4.9 million 未动用。截至 2025 年 6 月 30 日，已签约的物业、厂房及设备资本承诺为 RM44.1 million，而 2024 年为 RM1.7 million，2023 年为 RM1.8 million。
Source: annual report 2023, page 138; annual report 2024, page 161; annual report 2025, pages 64, 91.出处：2023 年年报第 138 页；2024 年年报第 161 页；2025 年年报第 64、91 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 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 150,722,506 | 170,796,998 | 227,191,924 | 353,470,219 |
| Profit before tax税前盈利 | 16,398,970 | 13,394,732 | 21,950,209 | 26,568,135 |
| Profit for the financial year年度盈利 | 11,928,136 | 10,051,291 | 16,110,009 | 20,076,143 |
| Net cash from/(used in) operating activities营运活动所得现金净额 | 6,342,242 | 33,404,687 | 2,406,956 | (17,093,320) |
| Net cash (used in)/from investing activities投资活动（所用）/所得现金净额 | (4,228,358) | (404,266) | 2,239,965 | (31,913,615) |
| Net cash from/(used in) financing activities融资活动所得/（所用）现金净额 | 34,063,023 | (5,574,563) | 20,017,283 | 104,159,474 |
| Borrowings借款 | 11,854,551 | 6,451,585 | 8,451,552 | 106,719,693 |
| Cash and bank balances现金及银行结余 | 21,832,682 | 41,054,757 | 31,489,753 | 35,693,486 |
| Total assets总资产 | 169,104,456 | 194,505,824 | 207,246,929 | 570,973,036 |
| Total equity总权益 | 86,164,460 | 97,932,746 | 134,425,206 | 167,600,503 |
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 |
|---|---|---|
| 50 MWac solar facility at Kulim Hi-Tech Park on track for completion in FY2025居林高科技园 50 MWac 太阳能设施有望于 2025 财年完工 | The group completed the 50 MWac project in Kulim during FY2025, reaching its Initial Operation Date.集团于 2025 财年完成了位于居林的 50 MWac 项目，达到初始营运日。 Source: annual report 2024, page 19; annual report 2025, page 13.出处：2024 年年报第 19 页；2025 年年报第 13 页。 | Completed已完工 |
| CGPP solar EPCC projects of 14 MWac in Sungai Petani and 10 MWac in Bahau expected to commence in FY2025 and completed in FY2026双溪大年 14 MWac 及马口 10 MWac 的 CGPP 太阳能 EPCC 项目预计于 2025 财年动工并在 2026 财年完工 | The 2025 report lists the letters of award for both plants again. It tells of a 14.00 MWac Legasi Green Power facility in Kedah targeted for completion in 2025 and a 9.99 MWac PAXS Renewable plant in Kedah expected in 2026, without saying whether these are the two projects named in 2024.2025 年报再次列出两座电厂的中标函。年报提到吉打 14.00 MWac 的 Legasi Green Power 设施目标于 2025 年完工，以及吉打 9.99 MWac 的 PAXS Renewable 电厂预计 2026 年完工，但未说明这些是否就是 2024 年所提的两个项目。 Source: annual report 2024, page 19; annual report 2025, pages 13, 64.出处：2024 年年报第 19 页；2025 年年报第 13、64 页。 | Not reported by the same names未以相同名称报告 |
| Target to start implementing supplier ESG assessment in FY2025目标在 2025 财年开始实施供应商 ESG 评估 | During FY2025, sustainability and ESG assessments were introduced into the supplier review process.2025 财年期间，供应商审查流程已引入可持续发展与 ESG 评估。 Source: annual report 2024, page 42; annual report 2025, page 27.出处：2024 年年报第 42 页；2025 年年报第 27 页。 | Carried out已执行 |
| Aiming to implement TCFD standards by year 2025力争在 2025 年前实施 TCFD 标准 | The 2025 report says the group has begun aligning with the IFRS Sustainability Disclosure Standards, with full alignment targeted by FY2026.2025 年报称集团已开始对接 IFRS 可持续披露准则，目标在 2026 财年实现全面对接。 Source: annual report 2024, page 31; annual report 2025, page 18.出处：2024 年年报第 31 页；2025 年年报第 18 页。 | A different standard, now targeted for FY2026改为另一套准则，目标为 2026 财年 |
| Target to achieve 10% of revenue from recurring income by 2027设定目标到 2027 年实现经常性收入占营业额 10% | The 2025 report expects recurring income to exceed 10% of total revenue with its expanded base of projects.2025 年报预期，随着项目基础扩大，经常性收入将超过总营业额的 10%。 Source: annual report 2023, page 24; annual report 2024, page 20; annual report 2025, page 24.出处：2023 年年报第 24 页；2024 年年报第 20 页；2025 年年报第 24 页。 | Still expected; target year not yet reached仍属预期；目标年份未到 |
What the reports leave open年报留下待看的事
- Islamic medium term notes of RM103.0 million under borrowings are repayable within 12 months, carrying interest rates between 4.23% and 4.40%.借款中 RM103.0 million 的伊斯兰中期票据须在 12 个月内偿还，利率介于 4.23% 至 4.40% 之间。
Source: annual report 2025, page 87.出处：2025 年年报第 87 页。
- Trade receivables stood at RM242.8 million at end FY2025 after an allowance for expected credit losses of RM7.2 million; the net loss on impairment of financial assets for the year was RM6.2 million.2025 财年底贸易应收款项扣除 RM7.2 million 的预期信用损失拨备后为 RM242.8 million；全年金融资产减值损失净额为 RM6.2 million。
Source: annual report 2025, pages 73, 83.出处：2025 年年报第 73、83 页。
- Total unbilled order book stood at RM699.2 million at end FY2025, including utility-scale solar projects of 132.59 MWac worth RM435.75 million.2025 财年底未开账单订单总额为 RM699.2 million，包括价值 RM435.75 million 的 132.59 MWac 大型地面太阳能项目。
Source: annual report 2025, pages 10, 12.出处：2025 年年报第 10、12 页。
- Ditrolic claims RM8.2 million and RM5.8 million from the subsidiary SSB for its step-in rights and third-party contractors. On 1 August 2025 Ditrolic paid RM1.8 million to SSB under an adjudication decision.Ditrolic 就其介入权及第三方承包商向子公司 SSB 索赔 RM8.2 million 及 RM5.8 million。2025 年 8 月 1 日，Ditrolic 根据裁决向 SSB 支付 RM1.8 million。
Source: annual report 2025, page 97.出处：2025 年年报第 97 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-24.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 2026-10-24。