DailySpaceJaycorp Berhad
7152 · Main Market主板 · annual reports 2023 to 2025, 1653 entries read2023 至 2025 年报，共读出 1653 条
The company这家公司
Jaycorp Berhad operates across five core business segments: manufacture and sale of furniture, conversion of corrugated boards into carton boxes (packaging), pressure treatment and kiln-drying of wood (wood processing), renewable energy and biomass, and construction.Jaycorp Berhad 经营五大核心业务部门：家具制造与销售、瓦楞纸板加工为纸箱（包装）、木材加压防腐与干燥处理（木材加工）、可再生能源与生物质，以及建筑工程。
Source: annual report 2023, page 121.出处：2023 年年报第 121 页。
The furniture segment is the group's largest revenue contributor, providing 59.7% of total revenue in 2023, 53.4% in 2024, and 54.1% in 2025. Packaging contributed RM38.6 million in 2023, RM43.9 million in 2024, and RM36.7 million in 2025, while renewable energy contributed RM12.1 million, RM10.9 million, and RM15.5 million respectively.家具部门是集团最大的营业额来源，在 2023 年占总营业额 59.7%，2024 年占 53.4%，2025 年占 54.1%。包装部门在 2023 年贡献 RM38.6 million，2024 年贡献 RM43.9 million，2025 年贡献 RM36.7 million；可再生能源部门则分别贡献 RM12.1 million、RM10.9 million 及 RM15.5 million。
Source: annual report 2023, pages 18, 20; annual report 2024, pages 3, 19; annual report 2025, pages 17, 19.出处：2023 年年报第 18、20 页；2024 年年报第 3、19 页；2025 年年报第 17、19 页。
Geographically, Asia and North America represent the group's primary markets, accounting for 81.1% and 12.0% of total revenue in 2023, and 78.3% and 16.2% of consolidated revenue in 2025. A single furniture customer accounted for RM42,831,000 of external revenue in 2023, RM42,508,000 in 2024, and RM34,338,000 in 2025.从地域分布来看，亚洲和北美是集团的主要市场，在 2023 年分别占总营业额的 81.1% 和 12.0%，在 2025 年分别占合并营业额的 78.3% 和 16.2%。单一家具客户在 2023 年带来 RM42,831,000 的外部营业额，2024 年带来 RM42,508,000，2025 年带来 RM34,338,000。
Source: annual report 2023, pages 18, 126; annual report 2024, page 124; annual report 2025, pages 17, 129.出处：2023 年年报第 18、126 页；2024 年年报第 124 页；2025 年年报第 17、129 页。
The company's two largest shareholdings are held by CIMSEC Nominees (Tempatan) Sdn Bhd for Jawala Corporation Sdn Bhd with 62,000,000 shares (23.137% in 2025) and Central Glamour Sdn Bhd with 60,550,000 shares (22.596% in 2025). Tan Sri Datuk (Dr.) Abdul Majid Khan is Chairman of Jawala Corporation Sdn Bhd, and a director is deemed interested through his shareholding in Jawala Corporation Sdn Bhd.公司的前两大持股分别为 CIMSEC Nominees (Tempatan) Sdn Bhd 托管的 Jawala Corporation Sdn Bhd 账户，持有 62,000,000 股（2025 年占 23.137%），以及 Central Glamour Sdn Bhd，持有 60,550,000 股（2025 年占 22.596%）。Tan Sri Datuk (Dr.) Abdul Majid Khan 担任 Jawala Corporation Sdn Bhd 主席；另有一名董事通过其在 Jawala Corporation Sdn Bhd 的持股视同持有股份。
Source: annual report 2024, page 9; annual report 2025, pages 152, 153.出处：2024 年年报第 9 页；2025 年年报第 152、153 页。
Executive Chairman Tan Sri Datuk (Dr.) Abdul Majid Khan is the grandfather of Executive Director Muaz bin Jema Anton Khan and Non-Independent Non-Executive Director Nadja binti Jema Khan, who are siblings and the children of major shareholder Datuk Jema Anton Khan. Managing Director Yeo Ayk Ke and Executive Director Yeo Aik Tan each have a brother on the Board.执行主席 Tan Sri Datuk (Dr.) Abdul Majid Khan 是执行董事 Muaz bin Jema Anton Khan 及非独立非执行董事 Nadja binti Jema Khan 的祖父；两人为兄妹，其父 Datuk Jema Anton Khan 为主要股东。董事总经理 Yeo Ayk Ke 与执行董事 Yeo Aik Tan 各有一名兄弟在董事会。
Source: annual report 2025, pages 9, 10, 11.出处：2025 年年报第 9、10、11 页。
Revenue by market destination, 20252025 年按市场地区划分的营业额占比
Source: annual report 2025, page 17.出处：2025 年年报第 17 页。
Major events大事记
Source: annual report 2023, page 17.出处：2023 年年报第 17 页。
Source: annual report 2023, pages 102, 116.出处：2023 年年报第 102、116 页。
Source: annual report 2024, page 138; annual report 2025, page 102.出处：2024 年年报第 138 页；2025 年年报第 102 页。
Source: annual report 2025, page 16.出处：2025 年年报第 16 页。
Revenue, profit and cash generation营业额、盈利与现金流
Assets, equity and cash资产、权益与现金
20232023 年
Operating activities brought net cash of RM29.2 million. The group completed the disposal of its 60% equity interests in Digital Furniture Sdn Bhd and Digital Dorm Sdn Bhd for RM22,500,000 cash, generating net cash inflow of RM16.9 million after deducting cash balances in those subsidiaries. Cash spent on acquiring property, plant and equipment was RM3.0 million, while dividends paid to shareholders totalled RM16.1 million.营运活动带来净现金 RM29.2 million。集团完成了脱售 Digital Furniture Sdn Bhd 与 Digital Dorm Sdn Bhd 60% 股权的交易，获得现金代价 RM22,500,000，扣除该等子公司的现金后带来净现金流入 RM16.9 million。购置物业、厂房及设备支出现金 RM3.0 million，向股东派发股息合计 RM16.1 million。
Source: annual report 2023, pages 68, 102, 116.出处：2023 年年报第 68、102、116 页。
20242024 年
Operating activities generated net cash of RM26.8 million. Cash spent on purchasing property, plant and equipment rose to RM7.9 million, alongside RM722,000 acquired through hire purchase arrangements. Term loans drawn were RM1.9 million against repayments of RM2.8 million. Dividends paid to company shareholders were RM16.1 million, and cash and cash equivalents stood at RM73.7 million at year end.营运活动产生净现金 RM26.8 million。购置物业、厂房及设备支出的现金增加至 RM7.9 million，另有 RM722,000 通过租购安排购置。提取定期贷款 RM1.9 million，偿还定期贷款 RM2.8 million。向公司股东支付股息 RM16.1 million，期末现金及现金等价物为 RM73.7 million。
Source: annual report 2024, pages 20, 81, 116.出处：2024 年年报第 20、81、116 页。
20252025 年
Net cash from operating activities fell to RM5.3 million. Capital spending on property, plant and equipment was RM7.8 million in cash out of total purchases of RM12,072,000, with RM4,293,000 remaining in unpaid payables at year end. Cash placed into deposits with tenure over 3 months took RM14.5 million, advances to joint ventures took RM6.7 million, and term loan repayments used RM2.8 million. Dividends paid dropped to RM9.4 million.营运活动所得现金净额降至 RM5.3 million。在总购置额 RM12,072,000 中，购置物业、厂房及设备支付现金 RM7.8 million，期末尚有 RM4,293,000 列在应付款项中未付。存入期限超过 3 个月的定期存款使用 RM14.5 million，向合营企业垫款耗用 RM6.7 million，偿还定期贷款使用 RM2.8 million。支付的股息降至 RM9.4 million。
Source: annual report 2025, pages 88, 89, 122.出处：2025 年年报第 88、89、122 页。
Across the three years三年合看
Operating cash flow was positive in each year, at RM29.2 million in 2023, RM26.8 million in 2024, and RM5.3 million in 2025. Dividends paid to shareholders of the Company were RM16.1 million in 2023, RM16.1 million in 2024, and RM9.4 million in 2025. The group's gearing ratio was 7.39% in 2023, 7.06% in 2024, and 7.42% in 2025. Group borrowings stood at RM13.54 million in 2025 compared to RM13.46 million in 2024.营运现金流每年均为正值，2023 年为 RM29.2 million，2024 年为 RM26.8 million，2025 年为 RM5.3 million。向本公司股东派发的股息在 2023 年为 RM16.1 million，2024 年为 RM16.1 million，2025 年为 RM9.4 million。集团资产负债率在 2023 年为 7.39%，2024 年为 7.06%，2025 年为 7.42%。集团借款在 2025 年为 RM13.54 million，而 2024 年为 RM13.46 million。
Source: annual report 2023, page 21; annual report 2025, page 20.出处：2023 年年报第 21 页；2025 年年报第 20 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 | 305,691 | 222,735 | 194,416 | 163,658 |
| Profit before taxation税前盈利 | 32,166 | 25,587 | 19,327 | 3,874 |
| Profit after taxation税后盈利／（亏损） | 21,387 | 20,729 | 13,566 | (70) |
| Net cash from operating activities营运活动所得现金净额 | 29,411 | 29,215 | 26,811 | 5,289 |
| Acquisition of property, plant and equipment购置物业、厂房及设备 | (9,259) | (3,000) | (7,877) | (7,779) |
| Dividends paid to shareholders of the Company已付本公司股东股息 | (12,765) | (16,124) | (16,124) | (9,406) |
| Total assets总资产 | 279,388 | 251,072 | 251,924 | 237,747 |
| Total equity总权益 | 206,505 | 200,238 | 198,170 | 188,802 |
| Short-term investments短期投资 | 9,706 | 14,100 | 14,588 | 17,103 |
| Cash and cash equivalents现金及现金等价物 | 45,977 | 72,291 | 73,729 | 54,298 |
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 |
|---|---|---|
| Final single tier dividend of 4.0 sen per share recommended for FY232023 财年建议派发每股 4.0 仙终期单层股息 | Paid on 29 December 2023, totalling RM10,749,336.于 2023 年 12 月 29 日派发，合计 RM10,749,336。 Source: annual report 2023, page 5; annual report 2024, page 72.出处：2023 年年报第 5 页；2024 年年报第 72 页。 | Carried out已执行 |
| Final single tier dividend of 2 sen per share recommended for FY242024 财年建议派发每股 2 仙终期单层股息 | Paid on 30 December 2024, totalling RM5,374,668.于 2024 年 12 月 30 日派发，合计 RM5,374,668。 Source: annual report 2024, page 5; annual report 2025, page 78.出处：2024 年年报第 5 页；2025 年年报第 78 页。 | Carried out已执行 |
| To enhance boiler efficiency and preventive maintenance in renewable energy following FY24 closure在 2024 财年停工后提升可再生能源部门的锅炉效率与预防性维护 | Renewable energy revenue increased from RM10.9 million in FY24 to RM15.5 million in FY25, and segment result rose from RM0.9 million to RM2.5 million.可再生能源部门营业额由 2024 财年的 RM10.9 million 增至 2025 财年的 RM15.5 million，分部业绩由 RM0.9 million 增至 RM2.5 million。 Source: annual report 2024, page 22; annual report 2025, pages 19, 23.出处：2024 年年报第 22 页；2025 年年报第 19、23 页。 | Carried out已执行 |
| Indonesian joint venture expected to improve shipment volumes after initial learning phase印尼合营企业在度过初期磨合阶段后预计将提升出货量 | The Indonesian joint venture turned a profit in FY25 with higher shipment volumes and a broader product range.印尼合营企业在 2025 财年实现盈利，出货量提升且产品种类增加。 Source: annual report 2024, page 16; annual report 2025, page 16.出处：2024 年年报第 16 页；2025 年年报第 16 页。 | Carried out已执行 |
What the reports leave open年报留下待看的事
- Execution of the 70 tonnes per hour biomass boiler EPCC project scheduled for completion in FY27.预计于 2027 财年完工的每小时 70 吨生物质锅炉 EPCC 项目的执行进展。
Source: annual report 2025, pages 16, 143.出处：2025 年年报第 16、143 页。
- Recovery in the Malaysian joint venture company, whose losses rose in FY25 after U.S. tariff measures led customers to delay orders; the group's share of losses from joint venture companies was RM2.0 million in FY25.马来西亚合营企业的复苏情况：美国关税措施令客户推迟订单，该企业 2025 财年亏损扩大；集团在 2025 财年分担的合营企业亏损合计 RM2.0 million。
Source: annual report 2025, pages 16, 19.出处：2025 年年报第 16、19 页。
- Order book replenishment in the construction segment after the absence of new awards in FY25 saw revenue drop to RM9.8 million and segment loss widen to RM3.8 million.在 2025 财年未获新项目导致营业额降至 RM9.8 million 且分部亏损扩大至 RM3.8 million 后，建筑工程部门的新订单补充进展。
Source: annual report 2025, pages 16, 19.出处：2025 年年报第 16、19 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-11-06.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 2026-11-06。