DailySpaceCnergenz Berhad
0246 · Main Market主板（Main Market） · annual reports 2023 to 2025, 1185 entries read2023 至 2025 年报，共读出 1185 条
The company这家公司
Cnergenz provides integrated solutions for SMT manufacturing lines. It also sells standalone SMT machines, automated and semi-automated equipment, spare parts and consumables, and provides other services. The group reports one operating segment.Cnergenz 为 SMT 生产线提供综合方案，也销售独立 SMT 机器、自动及半自动设备、零件与耗材，并提供其他服务。集团按一个营运分部报告业务。
Source: annual report 2025, pages 114, 125.出处：2025 年年报第 114、125 页。
In 2025, integrated SMT line solutions brought RM1.2 million of revenue, compared with RM33.9 million in 2024. Standalone machines and equipment brought RM88.2 million, spare parts and consumables RM18.0 million, and other services RM6.2 million.2025 年，SMT 生产线综合方案带来 RM1.2 million 营业额，2024 年为 RM33.9 million。独立机器与设备带来 RM88.2 million，零件与耗材带来 RM18.0 million，其他服务带来 RM6.2 million。
Source: annual report 2025, page 125.出处：2025 年年报第 125 页。
Revenue from customer contracts in 2025 included RM49.9 million from customers in Malaysia, RM40.6 million from Thailand and RM18.0 million from Vietnam. Named customer categories included Customer A in Thailand at RM19.1 million, Customer B in Malaysia at RM14.0 million and Customer C in Vietnam at RM13.2 million. Orders are generally secured through individual purchase orders for each project rather than long-term customer agreements.2025 年，客户合同营业额包括马来西亚客户的 RM49.9 million、泰国客户的 RM40.6 million，以及越南客户的 RM18.0 million。列出的客户类别包括泰国 Customer A 的 RM19.1 million、马来西亚 Customer B 的 RM14.0 million，以及越南 Customer C 的 RM13.2 million。订单通常通过各项目的个别采购订单取得，而非与客户签订长期协议。
Source: annual report 2025, pages 11, 126.出处：2025 年年报第 11、126 页。
The 2025 shareholding analysis lists Lye Yhin Choy with 221,710,000 shares, or 44.52%, and Kong Chia Liang with 116,340,000 shares, or 23.36%. These holdings are the same in the three reports. Directors Lye Yhin Choy and Lye Thim Loong are siblings.2025 年股权分析列出 Lye Yhin Choy 持有 221,710,000 股，占 44.52%；Kong Chia Liang 持有 116,340,000 股，占 23.36%。三份年报列出的这些持股相同。董事 Lye Yhin Choy 与 Lye Thim Loong 是兄弟。
Source: annual report 2023, page 131; annual report 2024, page 142; annual report 2025, pages 20, 167.出处：2023 年年报第 131 页；2024 年年报第 142 页；2025 年年报第 20、167 页。
The 2025 largest-holder list includes Affin Hwang Nominees (Tempatan) Sdn. Bhd., Pledged Securities Account For How Kim Lian (HOW0113M), with 2,000,000 shares (0.40%); UOB Kay Hian Nominees (Tempatan) Sdn Bhd, Pledged Securities Account For Teo Siew Lai, with 1,769,900 shares (0.36%); and Maybank Nominees (Tempatan) Sdn Bhd, Pledged Securities Account For Tan Chuan Dyi, with 1,270,000 shares (0.26%).2025 年大股东名单包括 Affin Hwang Nominees (Tempatan) Sdn. Bhd. 名下的 Pledged Securities Account For How Kim Lian (HOW0113M)，持有 2,000,000 股（0.40%）；UOB Kay Hian Nominees (Tempatan) Sdn Bhd 名下的 Pledged Securities Account For Teo Siew Lai，持有 1,769,900 股（0.36%）；以及 Maybank Nominees (Tempatan) Sdn Bhd 名下的 Pledged Securities Account For Tan Chuan Dyi，持有 1,270,000 股（0.26%）。
Source: annual report 2025, page 168.出处：2025 年年报第 168 页。
The group acquired 51% of Xlent Innovator Sdn. Bhd. in June 2024. Xlent provides technology solutions and manufactures automated and semi-automated machinery and equipment. In June 2025, the group incorporated two Thai subsidiaries and Cnergenz Assembly Systems Sdn. Bhd. Although its shareholding in each Thai subsidiary is below 50%, the group has 82.8% of their voting rights.集团于 2024 年 6 月收购 Xlent Innovator Sdn. Bhd. 的 51% 股权。Xlent 提供科技方案，并制造自动及半自动机器与设备。2025 年 6 月，集团成立两家泰国子公司及 Cnergenz Assembly Systems Sdn. Bhd.。虽然集团在每家泰国子公司的持股低于 50%，但拥有其 82.8% 投票权。
Source: annual report 2024, pages 124, 125; annual report 2025, page 136.出处：2024 年年报第 124、125 页；2025 年年报第 136 页。
Revenue from customer contracts by customer location, 20252025 年按客户所在地划分的客户合同营业额
Source: annual report 2025, page 126.出处：2025 年年报第 126 页。
Major events大事记
Source: annual report 2025, page 73.出处：2025 年年报第 73 页。
Source: annual report 2023, page 13.出处：2023 年年报第 13 页。
Source: annual report 2023, pages 124, 125.出处：2023 年年报第 124、125 页。
Source: annual report 2024, page 139.出处：2024 年年报第 139 页。
Source: annual report 2024, page 125.出处：2024 年年报第 125 页。
Source: annual report 2024, page 17.出处：2024 年年报第 17 页。
Source: annual report 2024, page 68.出处：2024 年年报第 68 页。
Source: annual report 2025, page 136.出处：2025 年年报第 136 页。
Source: annual report 2025, pages 93, 141.出处：2025 年年报第 93、141 页。
Source: annual report 2025, page 155.出处：2025 年年报第 155 页。
Source: annual report 2025, page 155.出处：2025 年年报第 155 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, equity and cash资产、权益与现金
20232023 年
Operations brought in RM19.2 million of net cash. Cash spending included RM2.1 million on property, plant and equipment and RM3.2 million on right-of-use assets. Dividends paid were RM4.0 million. Hire-purchase principal repayments were RM448,000 and lease principal repayments were RM35,000. Cash and cash equivalents ended the year at RM120.3 million.营运带来 RM19.2 million 现金净流入。现金支出包括购置产业、厂房与设备的 RM2.1 million，以及购置使用权资产的 RM3.2 million。已付股息为 RM4.0 million。租购本金偿还额为 RM448,000，租赁本金偿还额为 RM35,000。年末现金与现金等价物为 RM120.3 million。
Source: annual report 2023, pages 77, 78.出处：2023 年年报第 77、78 页。
20242024 年
Operations used RM4.0 million of net cash. The group paid RM2.8 million to acquire Xlent and RM564,000 for property, plant and equipment. It received RM2.6 million from disposals of property, plant and equipment and RM5.4 million of interest income. Dividends paid were RM8.0 million. Hire-purchase principal repayments were RM830,000 and lease principal repayments were RM111,000. Cash and cash equivalents ended the year at RM111.3 million.营运使用 RM4.0 million 现金净额。集团支付 RM2.8 million 收购 Xlent，并支付 RM564,000 购置产业、厂房与设备。出售产业、厂房与设备取得 RM2.6 million，利息收入现金为 RM5.4 million。已付股息为 RM8.0 million。租购本金偿还额为 RM830,000，租赁本金偿还额为 RM111,000。年末现金与现金等价物为 RM111.3 million。
Source: annual report 2024, pages 84, 85; annual report 2025, page 93.出处：2024 年年报第 84、85 页；2025 年年报第 93 页。
20252025 年
Operations used RM1.8 million of net cash. The group spent RM1.2 million on property, plant and equipment, RM4.6 million on intangible assets and RM3.5 million on unquoted shares. Interest income received was RM4.3 million. Subsidiaries received RM251,000 from preference shares subscribed by non-controlling shareholders. Hire-purchase principal repayments were RM816,000 and lease principal repayments were RM194,000. No dividends were paid. Cash and cash equivalents ended the year at RM101.0 million.营运使用 RM1.8 million 现金净额。集团支出 RM1.2 million 购置产业、厂房与设备、RM4.6 million 购置无形资产，以及 RM3.5 million 购买非上市股份。收到的利息收入为 RM4.3 million。子公司从非控股股东认购优先股取得 RM251,000。租购本金偿还额为 RM816,000，租赁本金偿还额为 RM194,000。全年没有支付股息。年末现金与现金等价物为 RM101.0 million。
Source: annual report 2025, pages 92, 93.出处：2025 年年报第 92、93 页。
Across the years历年合看
Revenue fell in each report year, from RM216.9 million in 2022 to RM114.8 million in 2025. Profit after tax fell from RM14.2 million in 2023 to RM12.3 million in 2024 and RM2.3 million in 2025. Operations brought in cash in 2023 and used cash in the next two years. No employee share options were exercised in 2024 or 2025. The 2025 report says the company held no treasury shares and had made no share purchases in the preceding twelve months.营业额在每个报告年度下降，由 2022 年的 RM216.9 million 降至 2025 年的 RM114.8 million。税后盈利由 2023 年的 RM14.2 million 降至 2024 年的 RM12.3 million，再降至 2025 年的 RM2.3 million。营运在 2023 年带来现金流入，随后两年使用现金。2024 年和 2025 年没有员工购股权获行使。2025 年报表示，公司没有持有库存股，也没有在此前十二个月购买股份。
Source: annual report 2025, pages 151, 164.出处：2025 年年报第 151、164 页。
Still to be spent尚未支出的资金与承诺
At the end of 2025, contracted capital commitments for property, plant and equipment were RM1.0 million. Unused IPO proceeds were RM36.8 million: RM34.3 million for facility expansion and RM2.5 million for research and development. The latest utilisation periods were within 72 months of listing for the facility and within 48 months for research and development.2025 年末，已签约但尚未入账的产业、厂房与设备资本承诺为 RM1.0 million。尚未使用的上市募集资金为 RM36.8 million，其中 RM34.3 million 用于设施扩建，RM2.5 million 用于研发。最新使用期限为上市后 72 个月内用于设施扩建，以及 48 个月内用于研发。
Source: annual report 2023, page 13; annual report 2025, pages 73, 154.出处：2023 年年报第 13 页；2025 年年报第 73、154 页。
Four years of figures四年数字
Group figures, in RM thousand (×1,000), as printed in the statements.集团数字，单位千令吉（×1,000），照财务报表所印。
| Group集团 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | |
| Revenue营业额 | 216,891 | 161,693 | 128,813 | 114,796 |
| Profit before tax税前盈利 | 29,206 | 19,744 | 15,375 | 3,778 |
| Profit after tax税后盈利 | 21,717 | 14,225 | 12,286 | 2,338 |
| Net operating cash flow营运现金净流量 | 16,448 | 19,154 | (4,003) | (1,824) |
| Purchases of property, plant and equipment购置产业、厂房与设备 | (16,396) | (2,107) | (564) | (1,206) |
| Dividends paid已付股息 | (12,988) | (3,984) | (7,968) | 0 |
| Total assets总资产 | 202,163 | 199,668 | 198,626 | 205,850 |
| Hire-purchase liabilities租购负债 | 1,269 | 2,206 | 1,919 | 1,890 |
| Cash and cash equivalents现金与现金等价物 | 104,300 | 120,291 | 111,271 | 101,036 |
| Total equity总权益 | 148,439 | 161,041 | 164,310 | 158,928 |
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 expected the new integrated facility to be operational in the second half of 2025.2023 年报预计新综合设施于 2025 年下半年投入运作。 | The 2024 report moved the expected operating date to the second half of 2026. The 2025 report moved it to the second half of 2027 and said building plans and permissions were still being finalised.2024 年报把预计投入运作日期延至 2026 年下半年。2025 年报再延至 2027 年下半年，并表示仍在落实建筑图则及取得所需许可。 Source: annual report 2023, page 13; annual report 2024, page 17; annual report 2025, page 12.出处：2023 年年报第 13 页；2024 年年报第 17 页；2025 年年报第 12 页。 | Target moved to the second half of 2027目标延至 2027 年下半年 |
| The 2023 report planned to launch smart warehousing solutions “later this year”.2023 年报计划在“今年较后时候”推出智能仓储方案。 | The 2024 report said smart warehousing solutions were launched in 2024.2024 年报表示，智能仓储方案已于 2024 年推出。 Source: annual report 2023, page 13; annual report 2024, page 17.出处：2023 年年报第 13 页；2024 年年报第 17 页。 | Launch reported in 2024报告于 2024 年推出 |
| The 2023 report committed to developing a suite of proprietary smart factory solutions.2023 年报承诺开发一套自有智能工厂方案。 | The 2024 report announced the launch of Smart Factory Solutions. The 2025 report continued to describe research and development to design proprietary smart factory solutions.2024 年报宣布推出 Smart Factory Solutions。2025 年报继续说明正在投入研发，以设计自有智能工厂方案。 Source: annual report 2023, page 8; annual report 2024, page 11; annual report 2025, page 12.出处：2023 年年报第 8 页；2024 年年报第 11 页；2025 年年报第 12 页。 | Launch reported; development continues已报告推出；开发继续进行 |
| The 2024 report said RM16.72 million of secured orders were expected to be fulfilled in 2025.2024 年报表示，已取得的 RM16.72 million 订单预计于 2025 年履行。 | The 2025 report lists RM26.4 million of unsatisfied or partly unsatisfied performance obligations to be recognised as revenue in the next twelve months. It does not separately confirm fulfilment of the earlier order balance.2025 年报列出 RM26.4 million 尚未履行或部分未履行的履约义务，预计于随后十二个月确认为营业额。报告没有单独确认较早订单余额的履行情况。 Source: annual report 2024, page 12; annual report 2025, page 126.出处：2024 年年报第 12 页；2025 年年报第 126 页。 | Earlier orders not separately confirmed较早订单未获单独确认 |
| The 2024 report set IPO proceeds utilisation periods of 48 months for facility expansion and 36 months for research and development.2024 年报为上市募集资金设定的使用期限，是设施扩建 48 个月、研发 36 个月。 | The 2025 report lists periods of 72 months for facility expansion and 48 months for research and development. Unused balances were RM34.3 million and RM2.5 million respectively.2025 年报列出的期限改为设施扩建 72 个月、研发 48 个月。尚未使用的余额分别为 RM34.3 million 和 RM2.5 million。 Source: annual report 2024, page 17; annual report 2025, page 73.出处：2024 年年报第 17 页；2025 年年报第 73 页。 | Utilisation periods extended使用期限延长 |
What the reports leave open年报留下待看的事
- The new facility is expected to operate in the second half of 2027. The latest report still describes finalising building plans and obtaining permissions.新设施预计于 2027 年下半年投入运作。最新年报仍说明正在落实建筑图则及取得许可。
Source: annual report 2025, page 12.出处：2025 年年报第 12 页。
- RM26.4 million of unsatisfied or partly unsatisfied performance obligations is expected to be recognised as revenue in the next twelve months.RM26.4 million 尚未履行或部分未履行的履约义务，预计于随后十二个月确认为营业额。
Source: annual report 2025, page 126.出处：2025 年年报第 126 页。
- Xlent and Cnergenz Technology Sdn. Bhd. incurred losses before tax of RM1.4 million and RM507,000 respectively in 2025. Management assessed the investments and identified no impairment loss.Xlent 与 Cnergenz Technology Sdn. Bhd. 在 2025 年分别录得 RM1.4 million 及 RM507,000 税前亏损。管理层评估了相关投资，没有发现减值损失。
Source: annual report 2025, pages 137, 138.出处：2025 年年报第 137、138 页。
- The year-end unquoted investment comprised shares valued at RM2.0 million and a profit guarantee receivable of RM1.5 million.年末的非上市投资包括估值 RM2.0 million 的股份，以及 RM1.5 million 的盈利保证应收款。
Source: annual report 2025, page 123.出处：2025 年年报第 123 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。