MyTech Group Berhad, an investment holding company, engages in the manufacture of precision springs in Malaysia and Laos. It operates through Manufacturing, Hotel, Financing, and Others segments. The company's precision springs are used in various industries, such as electrical, electronics, automotive, general household, and consumer products applications. It also provides financial related services, insurance agency, and management services; hotel operations; and property rentals. The company was formerly known as Widetech (Malaysia) Berhad and changed its name to MyTech Group Berhad in November 2021. MyTech Group Berhad was incorporated in 1984 and is based in Kuala Lumpur, Malaysia.
Research context
Widetech Malaysia 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
- Tools & Accessories
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Widetech Malaysia Bhd is currently in a long term uptrend where the price is trading 220.3% above its 200 day moving average.
From a valuation standpoint, the stock is 12.8% cheaper than other stocks from the Other sector with a price to sales ratio of 5.6.
Widetech Malaysia Bhd's total revenue rose by 39.2% to $3M since the same quarter in the previous year.
Its net income has increased by 46.1% to $333K since the same quarter in the previous year.
Finally, its free cash flow fell by 98.5% to $15K since the same quarter in the previous year.
Based on the above factors, Widetech Malaysia Bhd gets an overall score of 4/5.