DailySpaceTopmix Berhad
0302 · ACE Market创业板（ACE Market） · annual reports 2024 to 2025, 851 entries read2024 至 2025 年报，共读出 851 条
The company这家公司
Topmix Berhad is involved in the wholesale and trading of high pressure laminated sheets and merchandise of all kinds, decorative surface products, and the assembly and manufacturing of melamine-faced chipboard products. The company was listed on the ACE Market of Bursa Malaysia Securities Berhad on 23 April 2024.Topmix Berhad 涉足各类高压层压板及商品的批发与贸易、装饰面产品，以及三聚氰胺饰面刨花板产品的组装与制造。公司于 2024 年 4 月 23 日在马来西亚证券交易所创业板上市。
Source: annual report 2024, pages 10, 154; annual report 2025, pages 10, 15.出处：2024 年年报第 10、154 页；2025 年年报第 10、15 页。
In FYE 2025, high pressure laminate products contributed RM94.9 million or 89.6% of total revenue, other decorative surface products RM5.7 million or 5.4%, melamine-faced chipboard products RM2.6 million or 2.5%, compact panels products RM1.8 million or 1.7%, and wall panels products RM0.9 million or 0.8%.2025 财政年度，高压层压板产品贡献营业额 RM94.9 million 或 89.6%，其他装饰面产品 RM5.7 million 或 5.4%，三聚氰胺饰面刨花板产品 RM2.6 million 或 2.5%，紧凑板产品 RM1.8 million 或 1.7%，墙板产品 RM0.9 million 或 0.8%。
Source: annual report 2025, pages 16, 17.出处：2025 年年报第 16、17 页。
Malaysia generated RM91,268,406 of revenue in 2024 and RM104,220,769 in 2025, with the remainder from Thailand, Singapore, Indonesia, and the Philippines. In 2024 and 2025, the group had no customer with revenue equal to or more than 10% of total group revenue.马来西亚在 2024 年贡献营业额 RM91,268,406，2025 年贡献 RM104,220,769，其余来自泰国、新加坡、印尼和菲律宾。在 2024 年和 2025 年，集团均无任何单一客户占集团总营业额 10% 或以上。
Source: annual report 2024, pages 143, 158; annual report 2025, pages 145, 158.出处：2024 年年报第 143、158 页；2025 年年报第 145、158 页。
J And T Resources Sdn Bhd holds 176,620,800 shares (44.844%), while RHB Nominees (Tempatan) Sdn Bhd and TA Nominees (Tempatan) Sdn Bhd each hold 20,000,000 shares (5.077%) in pledged securities accounts for J And T Resources Sdn Bhd. Teo Quek Siang holds 45,831,400 shares (11.636%) and Tan Lee Hong holds 29,001,800 shares (7.363%). Teo Quek Siang is the spouse of Tan Lee Hong, and both are major shareholders of J and T Resources Sdn Bhd.J And T Resources Sdn Bhd 持有 176,620,800 股（44.844%），而 RHB Nominees (Tempatan) Sdn Bhd 与 TA Nominees (Tempatan) Sdn Bhd 分别在 J And T Resources Sdn Bhd 的质押证券账户中各持有 20,000,000 股（5.077%）。Teo Quek Siang 持有 45,831,400 股（11.636%），Tan Lee Hong 持有 29,001,800 股（7.363%）。Teo Quek Siang 是 Tan Lee Hong 的配偶，两人皆为 J and T Resources Sdn Bhd 的主要股东。
Source: annual report 2025, pages 21, 22, 170, 171.出处：2025 年年报第 21、22、170、171 页。
Fong Wang Ying resigned from Topmix Group in April 2025. In 2025, the company incorporated two wholly owned subsidiaries, Topmix Components Sdn. Bhd. in January 2025 and Luma International Sdn. Bhd. in October 2025.Fong Wang Ying 于 2025 年 4 月从 Topmix Group 离职。2025 年，公司成立了两家全资子公司，分别为 2025 年 1 月成立的 Topmix Components Sdn. Bhd. 及 2025 年 10 月成立的 Luma International Sdn. Bhd.。
Source: annual report 2024, page 26; annual report 2025, page 131.出处：2024 年年报第 26 页；2025 年年报第 131 页。
Revenue by product, 20252025 年各产品营业额占比
Source: annual report 2025, page 16.出处：2025 年年报第 16 页。
Major events大事记
Source: annual report 2024, pages 10, 66.出处：2024 年年报第 10、66 页。
Source: annual report 2024, page 19.出处：2024 年年报第 19 页。
Source: annual report 2025, pages 18, 118.出处：2025 年年报第 18、118 页。
Source: annual report 2025, page 166.出处：2025 年年报第 166 页。
Source: annual report 2025, page 11.出处：2025 年年报第 11 页。
Source: annual report 2025, page 167.出处：2025 年年报第 167 页。
Source: annual report 2025, page 81.出处：2025 年年报第 81 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, equity and borrowings资产、权益与借款
20242024 年
In 2024, the company listed on the ACE Market, undertaking a public issue of 82,709,000 new ordinary shares at an issue price of RM0.31 per share and raising gross proceeds of RM25.6 million. Proceeds from the issuance of share capital through the initial public offering net of listing expenses were RM24,398,431. Net cash generated from operating activities was RM1,163,901, and purchase of property, plant and equipment took RM2,571,435. Dividend paid was RM1,284,640, and total borrowings ended the year at RM26,544,803.2024 年，公司在创业板上市，以每股 RM0.31 的发行价公开发行 82,709,000 股新普通股，募集总收益 RM25.6 million。扣除上市费用后，首次公开募股发行股本所得收益为 RM24,398,431。营运活动所得现金净额为 RM1,163,901，购买物业、厂房及设备支出 RM2,571,435。已付股息为 RM1,284,640，年末借款总额为 RM26,544,803。
Source: annual report 2024, pages 66, 90, 139.出处：2024 年年报第 66、90、139 页。
20252025 年
In 2025, net cash generated from operating activities rose to RM14,268,820. Proceeds from the disposal of a non-current asset held for sale were RM6,100,000, with RPGT paid of RM455,501, and purchase of property, plant and equipment took RM2,160,838. Net cash used in financing activities was RM12,066,526, including repayment of term loans of RM4,935,337, and dividend paid of RM3,544,704. Total borrowings fell to RM20,766,112.2025 年，营运活动所得现金净额增至 RM14,268,820。出售持作待售非流动资产所得款项为 RM6,100,000，支付产业盈利税 RM455,501，购买物业、厂房及设备支出 RM2,160,838。融资活动所用现金净额为 RM12,066,526，包括偿还定期贷款 RM4,935,337，以及支付股息 RM3,544,704。借款总额降至 RM20,766,112。
Source: annual report 2025, pages 101, 102, 142.出处：2025 年年报第 101、102、142 页。
Across the two years两年合看
Across the two years, revenue rose from RM92.9 million in FYE 2024 to RM105.9 million in FYE 2025, and net profit rose from RM11.6 million to RM17.7 million. In 2025, the group expanded its Subang Jaya warehouse space to approximately 13,478 square feet from 7,115 square feet and commenced in-house manufacturing of melamine-faced chipboard products in Johor. Total dividend declared was 0.75 sen per share for FYE 2024 and 1.0 sen per share for FYE 2025.两年间，营业额由 2024 财政年度的 RM92.9 million 增至 2025 财政年度的 RM105.9 million，净利润由 RM11.6 million 增至 RM17.7 million。2025 年，集团将梳邦再也仓库面积由 7,115 平方尺扩建至约 13,478 平方尺，并在柔佛开展三聚氰胺饰面刨花板产品的内部制造。2024 财政年度宣布的总股息为每股 0.75 仙，2025 财政年度为每股 1.0 仙。
Source: annual report 2024, pages 14, 18; annual report 2025, pages 10, 15, 16.出处：2024 年年报第 14、18 页；2025 年年报第 10、15、16 页。
Still to be spent尚未支出的承诺
Approved and contracted capital commitments for property, plant and equipment were RM8,769,849 at 31 December 2025 (2024: RM178,365). On 17 April 2026, the board approved varying the utilisation of IPO proceeds of RM3.73 million that had originally been allocated for MFC product assembly and business expansion, marketing and sales.截至 2025 年 12 月 31 日，已批准并签约的物业、厂房及设备资本承诺为 RM8,769,849（2024 年：RM178,365）。2026 年 4 月 17 日，董事会批准调整首次公开募股所得款项中原定用于三聚氰胺饰面刨花板产品组装及业务扩张、营销和销售的 RM3.73 million 的用途。
Source: annual report 2024, page 153; annual report 2025, pages 81, 153.出处：2024 年年报第 153 页；2025 年年报第 81、153 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 | 2023 | 2024 | 2025 |
|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 72,679,314 | 92,931,972 | 105,935,305 |
| Profit before taxation税前盈利 | 11,930,381 | 16,501,057 | 24,599,624 |
| Profit for the financial year财政年度盈利 | 8,391,110 | 11,567,317 | 17,730,354 |
| Net cash generated from operating activities营运活动所得现金净额 | 4,445,733 | 1,163,901 | 14,268,820 |
| Purchase of property, plant and equipment购买物业、厂房及设备 | (76,117) | (2,571,435) | (2,160,838) |
| Dividend paid已付股息 | (700,000) | (1,284,640) | (3,544,704) |
| Total assets总资产 | 70,457,281 | 108,732,946 | 121,705,514 |
| Loan and borrowings贷款与借款 | 25,413,932 | 26,544,803 | 20,766,112 |
| Cash and bank balances现金与银行结余 | 7,786,628 | 11,794,889 | 23,710,002 |
| Total equity总权益 | 37,787,049 | 73,218,157 | 87,403,807 |
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 |
|---|---|---|
| To expand central region warehouse capacity in the first quarter of 2025计划于 2025 年第一季度扩大中部地区仓库容量 | Subang Jaya warehouse was expanded to approximately 13,478 square feet from 7,115 square feet via a newly rented facility.梳邦再也仓库通过新租赁设施从 7,115 平方尺扩建至约 13,478 平方尺。 Source: annual report 2024, page 19; annual report 2025, pages 10, 15.出处：2024 年年报第 19 页；2025 年年报第 10、15 页。 | Carried out已执行 |
| To commence operations of melamine-faced chipboard products in the second quarter of FYE 2025计划于 2025 财政年度第二季度开展三聚氰胺饰面刨花板产品的营运 | Commenced in-house manufacturing in Johor, contributing RM2.6 million to revenue in FYE 2025.在柔佛开展内部制造，在 2025 财政年度贡献 RM2.6 million 营业额。 Source: annual report 2024, page 19; annual report 2025, pages 10, 15.出处：2024 年年报第 19 页；2025 年年报第 10、15 页。 | Carried out已执行 |
| To set up manufacturing activities for kitchen and wardrobe components in FYE 2025计划于 2025 财政年度建立厨房和衣柜组件的制造业务 | Incorporated Topmix Components Sdn. Bhd. in January 2025, and preparing for the rollout of Topmix Components modular cabinetry solution.于 2025 年 1 月成立 Topmix Components Sdn. Bhd.，并正在筹备推出 Topmix Components 模块化橱柜解决方案。 Source: annual report 2024, pages 19, 168; annual report 2025, pages 19, 131.出处：2024 年年报第 19、168 页；2025 年年报第 19、131 页。 | Still in progress进行中 |
| Expected gain on disposal of freehold land of approximately RM2.4 million预计出售永久地契土地的收益约为 RM2.4 million | Disposal of the land in Johor was completed in FYE 2025 with an actual gain of approximately RM2.4 million.柔佛土地的出售于 2025 财政年度完成，实际收益约为 RM2.4 million。 Source: annual report 2024, page 109; annual report 2025, pages 18, 118.出处：2024 年年报第 109 页；2025 年年报第 18、118 页。 | Completed已完成 |
| Planned utilisation of initial public offering proceeds for business expansion, marketing and sales within 24 months计划在 24 个月内将首次公开募股所得款项用于业务扩张、营销和销售 | On 17 April 2026, the board approved varying the utilisation of initial public offering proceeds of RM3.73 million, extending the timeframe to within 48 months.董事会于 2026 年 4 月 17 日批准变更首次公开募股所得款项中 RM3.73 million 的用途，并将期限延长至 48 个月内。 Source: annual report 2024, page 66; annual report 2025, page 81.出处：2024 年年报第 66 页；2025 年年报第 81 页。 | Timeframe extended and allocation varied期限延长且用途调整 |
What the reports leave open年报留下待看的事
- Approved and contracted capital commitments for property, plant and equipment rose to RM8,769,849 at 31 December 2025 from RM178,365 in 2024.截至 2025 年 12 月 31 日，已批准并签约的物业、厂房及设备资本承诺由 2024 年的 RM178,365 增至 RM8,769,849。
Source: annual report 2024, page 153; annual report 2025, page 153.出处：2024 年年报第 153 页；2025 年年报第 153 页。
- On 17 April 2026, the board approved varying the utilisation of initial public offering proceeds of RM3.73 million to general working capital and the establishment of a web application renovation platform.董事会于 2026 年 4 月 17 日批准将首次公开募股所得款项中的 RM3.73 million 调整至一般营运资金及建立装修网络平台。
Source: annual report 2025, page 81.出处：2025 年年报第 81 页。
- The group has a 35%-owned associate in Thailand; the amount due from the associate was RM517,852 at the end of 2025.集团持有一家泰国联营公司 35% 股权；截至 2025 年底，应收该联营公司款项为 RM517,852。
Source: annual report 2024, page 16; annual report 2025, pages 95, 131, 132.出处：2024 年年报第 16 页；2025 年年报第 95、131、132 页。
- In March 2026, the group entered into two conditional agreements to acquire two pieces of freehold vacant land, and in April 2026 entered into an agreement to dispose of a piece of land in Senai.2026 年 3 月，集团签署两份有条件协议收购两块永久地契空地，并于 2026 年 4 月签署协议出售士乃的一块土地。
Source: annual report 2025, page 167.出处：2025 年年报第 167 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-30.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 2026-10-30。