Advancecon Holdings Berhad, together with its subsidiaries, provides earthworks and civil engineering services in Malaysia. The company operates through five segments: Construction and Support Services; Property Investments; Green Energy; Quarry Operations; and Property Development. The Construction and Support Services segment is involved in earthworks and civil engineering. The Property Investments segment engages in sales of investment properties for capital gain and rental of investment properties. The Green Energy segment develops and operates power generation from renewable energy, solar, and other renewable energy projects. The Quarry Operations segment operates contracted quarry. The Property Development is involved in involved in the development of industrial park and provides workers' dormitory/accommodation services. It is also involved in the sale of construction materials; sale of quarry and premix products; provides port services; hires earth-moving machineries and transportation agent; supply of labour; and contracting in all types of construction works and other related businesses. In addition, the company offers civil engineering services, construction of main drains, road works, sewerage systems and hiring services of heavy machinery and equipment. Advancecon Holdings Berhad was incorporated in 1997 and is headquartered in Petaling Jaya, Malaysia.
Research context
Advancecon Holdings Bhd appears in PyInvesting’s Kuala Lumpur Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- MYR
- Sector
- Industrials
- Industry
- Engineering & Construction
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5 years, 6 months ago
Advancecon Holdings Bhd is currently in a long term downtrend where the price is trading 7.2% below its 200 day moving average.
From a valuation standpoint, the stock is 90.7% cheaper than other stocks from the Other sector with a price to sales ratio of 0.6.
Advancecon Holdings Bhd's total revenue rose by 2.4% to $73M since the same quarter in the previous year.
Its net income has increased by 14.5% to $3M since the same quarter in the previous year.
Finally, its free cash flow fell by 162.9% to $-10M since the same quarter in the previous year.
Based on the above factors, Advancecon Holdings Bhd gets an overall score of 3/5.