DailySpaceWTEC Group Berhad
0352 · ACE Market创业板（ACE Market） · annual reports 2025 to 2025, 425 entries read2025 至 2025 年报，共读出 425 条
The company这家公司
WTEC manufactures and trades foam and non-foam products. It reports these activities as one business segment. Its PT 1558 Factory in Semenyih, Selangor, houses its head office, production and warehouse centre.WTEC 制造及买卖泡棉与非泡棉产品，并将这些业务列为一个业务分部。位于雪兰莪 Semenyih 的 PT 1558 Factory 用作总部、生产及仓储中心。
Source: annual report 2025, pages 140, 162.出处：2025 年年报第 140、162 页。
A chart shows foam products at 65.66%, non-foam products 18.22% and trading activities 16.12%. Customers in Malaysia contributed RM38.4 million and overseas customers RM11.0 million. Revenue by country follows the customer's location.一份图表显示泡棉产品 65.66%、非泡棉产品 18.22%、贸易业务 16.12%。马来西亚客户贡献 RM3,840 万，海外客户贡献 RM1,100 万。各国营业额按客户所在地划分。
Source: annual report 2025, pages 24, 140.出处：2025 年年报第 24、140 页。
The group had 222 active customers in 2025, including 177 recurring customers. The customer table lists Customer #1 at RM6.4 million and Customer #2 group of companies at RM5.9 million.集团在 2025 年有 222 名活跃客户，其中 177 名为回头客户。客户表列出 Customer #1 为 RM640 万，Customer #2 group of companies 为 RM590 万。
Source: annual report 2025, pages 24, 141.出处：2025 年年报第 24、141 页。
The shareholding analysis lists Tan Kok Kheng with 116,885,337 shares (24.35%), Wansern Marketing Sdn. Bhd. with 116,885,326 shares (24.35%) and Tiow See Yen with 115,544,037 shares (24.07%). Eu Tiong Nam is deemed interested in Wansern Marketing Sdn. Bhd.'s shares through his direct substantial shareholding in that company. The report states that none of the directors has a family relationship with any director or major shareholder.股权分析列出 Tan Kok Kheng 持有 116,885,337 股（24.35%）、Wansern Marketing Sdn. Bhd. 持有 116,885,326 股（24.35%），以及 Tiow See Yen 持有 115,544,037 股（24.07%）。Eu Tiong Nam 因直接持有 Wansern Marketing Sdn. Bhd. 的大量股份，被视为拥有该公司所持股份的权益。年报说明，董事与任何董事或主要股东均无亲属关系。
Source: annual report 2025, pages 17, 82, 165.出处：2025 年年报第 17、82、165 页。
The largest-holder list includes Public Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Low Chien Wan (E-BPT), with 1,060,000 shares (0.22%); HLIB Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Ong Chuan Sin (CCTS), with 1,173,600 shares (0.24%); Moomoo Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Seow Chooi Heong, with 1,000,100 shares (0.21%); Moomoo Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Teh King Chong, with 2,400,000 shares (0.50%); and Moomoo Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Mow Kwang Ming, with 1,200,000 shares (0.25%).最大股东名单包括以下抵押证券账户：Public Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Low Chien Wan (E-BPT)，持有 1,060,000 股（0.22%）；HLIB Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Ong Chuan Sin (CCTS)，持有 1,173,600 股（0.24%）；Moomoo Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Seow Chooi Heong，持有 1,000,100 股（0.21%）；Moomoo Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Teh King Chong，持有 2,400,000 股（0.50%）；以及 Moomoo Nominees (Tempatan) Sdn. Bhd. - Pledged Securities Account for Mow Kwang Ming，持有 1,200,000 股（0.25%）。
Source: annual report 2025, page 166.出处：2025 年年报第 166 页。
The company signed a conditional agreement with Tan Kok Kheng, Tiow See Yen and Wansern Marketing Sdn. Bhd. on 19 August 2024 to acquire all of WTEC Sdn. Bhd. for RM29.2 million. The acquisition was completed on 3 March 2025, when the company became WTEC's holding company. The consideration was settled by issuing 389,831,000 new shares at RM0.075 each.公司于 2024 年 8 月 19 日与 Tan Kok Kheng、Tiow See Yen 及 Wansern Marketing Sdn. Bhd. 签订有条件协议，以 RM2,920 万收购 WTEC Sdn. Bhd. 的全部股权。收购于 2025 年 3 月 3 日完成，公司成为 WTEC 的控股公司。收购代价以发行 389,831,000 股新股支付，每股发行价 RM0.075。
Source: annual report 2025, pages 80, 84.出处：2025 年年报第 80、84 页。
Revenue by activity, 20252025 年各业务营业额占比
Source: annual report 2025, page 24.出处：2025 年年报第 24 页。
Revenue by customer location, 20252025 年按客户所在地划分的营业额
Source: annual report 2025, page 140.出处：2025 年年报第 140 页。
Major events大事记
Source: annual report 2025, page 5.出处：2025 年年报第 5 页。
Source: annual report 2025, page 5.出处：2025 年年报第 5 页。
Source: annual report 2025, page 5.出处：2025 年年报第 5 页。
Source: annual report 2025, page 6.出处：2025 年年报第 6 页。
Source: annual report 2025, page 84.出处：2025 年年报第 84 页。
Source: annual report 2025, page 84.出处：2025 年年报第 84 页。
Source: annual report 2025, page 75.出处：2025 年年报第 75 页。
Source: annual report 2025, page 76.出处：2025 年年报第 76 页。
Source: annual report 2025, page 79.出处：2025 年年报第 79 页。
Source: annual report 2025, page 79.出处：2025 年年报第 79 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets and equity资产与权益
20252025 年
Operations generated RM6.1 million of cash. The public issue raised RM22.5 million, and share issuance expenses paid were RM1.2 million. Cash spending included RM18.4 million on short-term investments, RM3.0 million placed in fixed deposits with tenure above three months and RM1.3 million on property, plant and equipment. The group repaid RM400,000 of banker's acceptance, RM676,238 of term loans, RM168,371 of hire purchase payables and RM721,013 of lease liabilities. No dividends were paid during the year.营运活动带来 RM610 万现金。公开发行新股筹得 RM2,250 万，已付股份发行费用为 RM120 万。现金支出包括购买短期投资 RM1,840 万、存入期限超过三个月的定期存款 RM300 万，以及购买物业、厂房与设备 RM130 万。集团偿还银行承兑汇票 RM400,000、定期贷款 RM676,238、租购应付款 RM168,371，以及租赁负债 RM721,013。年内没有支付股息。
Source: annual report 2025, page 100.出处：2025 年年报第 100 页。
At year end年末
Cash and bank balances were RM9.8 million, compared with RM6.3 million a year earlier. Short-term investments were RM18.4 million, compared with nil. Fixed deposits were RM3.7 million, including RM698,815 pledged to a bank. Loans and borrowings were RM946,140, compared with RM1.8 million a year earlier.现金与银行结余为 RM980 万，上年为 RM630 万。短期投资为 RM1,840 万，上年为零。定期存款为 RM370 万，其中 RM698,815 已抵押给银行。贷款与借款为 RM946,140，上年为 RM180 万。
Source: annual report 2025, pages 121, 124, 126, 137.出处：2025 年年报第 121、124、126、137 页。
Still to be spent尚待支出
At year end, RM9.3 million of IPO proceeds had been used, leaving RM13.2 million unused. The report says the remaining proceeds are allocated to ongoing and future initiatives, including acquiring and renovating a new factory, buying machinery, and sales and marketing. The proposed new factory acquisition and renovation remained part of the group's capacity expansion plans.年末已使用首次公开发行所得款项 RM930 万，尚未使用 RM1,320 万。年报说明，余款分配给进行中及未来的项目，包括收购及翻新新厂房、购买机器，以及销售与营销。拟议的新厂房收购及翻新仍是集团扩充产能计划的一部分。
Source: annual report 2025, pages 26, 27, 75.出处：2025 年年报第 26、27、75 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 | 2024 | 2025 |
|---|---|---|
| RM令吉 | RM令吉 | |
| Revenue营业额 | 52,025,227 | 49,443,988 |
| Profit before taxation税前盈利 | 11,325,273 | 6,813,633 |
| Profit after taxation税后盈利 | 8,199,888 | 4,585,070 |
| Net cash from operating activities营运活动所得现金净额 | 7,584,446 | 6,112,292 |
| Purchase of property, plant and equipment购买物业、厂房与设备 | (2,674,487) | (1,258,970) |
| Dividends paid已付股息 | (4,500,000) | 0 |
| Total assets总资产 | 44,628,266 | 68,000,730 |
| Loans and borrowings贷款与借款 | 1,770,749 | 946,140 |
| Cash and bank balances现金与银行结余 | 6,345,710 | 9,832,389 |
| Short-term investments短期投资 | 0 | 18,358,195 |
| Total equity总权益 | 32,999,506 | 58,931,576 |
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
Only one annual report has been read so far, so there is no later report to check its plans against.目前只读了一份年报，还没有之后的年报可以对照它的计划。
What the reports leave open年报留下待看的事
- The proposed new factory acquisition and renovation, machinery purchases and use of the RM13.2 million of remaining IPO proceeds remain to be followed in later reports.拟议的新厂房收购及翻新、机器采购，以及剩余 RM1,320 万首次公开发行所得款项的使用情况，仍待后续年报交代。
Source: annual report 2025, pages 26, 27.出处：2025 年年报第 26、27 页。
- Rooftop solar at headquarters and EV charging facilities are planned. The report describes these as future installations.集团计划在总部安装屋顶太阳能系统，并设置电动车充电设施。年报将这些列为未来安装项目。
Source: annual report 2025, pages 30, 38, 55.出处：2025 年年报第 30、38、55 页。
- The group-wide Sustainability Policy and Risk Management Framework are being developed and are expected to be finalised in FYE 2026. Revisions to the Board Charter to include sustainability responsibilities have also begun.集团正在制定全集团可持续发展政策及风险管理框架，预计在 2026 财年完成。将可持续发展职责纳入董事会章程的修订工作也已开始。
Source: annual report 2025, page 52.出处：2025 年年报第 52 页。
- At year end, amounts owing by 2 customers represented approximately 33% of trade receivables, including related parties and after loss allowances. The report identifies dependence on key customers and suppliers as a risk.年末，2 名客户的欠款约占贸易应收款的 33%，该比例包括关联方并已扣除亏损拨备。年报将对主要客户及供应商的依赖列为风险。
Source: annual report 2025, pages 71, 145.出处：2025 年年报第 71、145 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。