YBS INTERNATIONAL BERHAD
KLSE (MYR): YBS (0025)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.77
Today's Change
+0.005 (0.65%)
Day's Change
0.765 - 0.77
Trading Volume
1,649,100
Overview
Market Cap
202 Million
NOSH
263 Million
Avg Volume (4 weeks)
5,890,200
4 Weeks Range
0.755 - 0.815
4 Weeks Price Volatility (%)
25.00%
52 Weeks Range
0.56 - 0.84
52 Weeks Price Volatility (%)
75.00%
Previous Close
0.765
Open
0.765
Bid
0.765 x 445,700
Ask
0.77 x 172,300
Day's Range
0.765 - 0.77
Trading Volume
1,649,100
Financial Highlight
Latest Quarter | Ann. Date
31-Mar-2024 [#4] | 23-May-2024
Next QR | Est. Ann. Date
30-Jun-2024 | 24-Aug-2024
T4Q P/E | EY
-32.31 | -3.09%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.28 | 2.79
T4Q NP Margin | ROE
-7.89% | -8.65%
Market Buzz
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT
Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT
Description:
YBS International Berhad (formerly known as LNG Resources Berhad) was incorporated in Malaysia as a public limited company in year 2002 under the Companies Act, 2016 as an investment holding company and was officially listed on the MESDAQ Market of the Bursa Malaysia Securities Berhad in year 2003. It operates in three segments: precision engineering, precision plastic injection moulding and precision machining and stamping. The precision engineering segment is engaged in designing and manufacturing precision molds, tools and dies, and jigs and fixtures. The precision plastic injection moulding segment is engaged in the precision engineering plastic injection molding and sub-assembly. The precision machining and stamping segment is engaged in manufacturing and selling of precision machining and stamping components for the telecommunication, industrial sensors, switches, electronic equipment and other industries.
Discussions
3 people like this. Showing 50 of 1,761 comments
'Flushing'.... Enovix earnings on 1st May and Questions and Answers with CEO Raj on 6th May....
2 months ago
Hi all, I’m invested and have been closely following both Enovix and YBS, and just wanted to share my understanding of the partnership and potential from YBS’ perspective.
Enovix increased forecasts to $150M revenue per line, at 50% gross margin (Q1 2024 ER last night).
This means YBS should see $75M revenue per line.
Based on the QnA portion of the YBS 2023 AGM, they expect 5% margins from this project, so that’s $3.75M or ~RM16M profit per line, and I believe Enovix mentioned they have space in the current site for up to 6 lines, so potentially RM2B revenue and RM100M profit for YBS when fully operational.
I was invested in Enovix before YBS, and always felt that there is a huge demand for their tech. It feels like most Malaysian investors are unaware of their differentiation and maybe just see them as another “boring” battery company. For me, the risks at Enovix were always manufacturability at scale, and economics/margins. Last night’s earnings call largely de-risked these factors, which also benefits YBS, so it’s now just a matter of waiting for the ramp.
2 months ago
Totally agreed.... If I am not wrong, YBS can accommodate 8 lines in their existing Science Park..... And looking at our Gov's initiative at attracting foreign investment and pumping up our economy ( they gave Enovix 15 years tax free ) there is a very high chance that they might even want YBS to manufacture all lines for Envix..... Analyst are talking about 20 lines .....
2 months ago
Thats probably why MD Yong of YBS mentioned about YBS being another Inari in the near future......
2 months ago
Enovix Begins Customer Sampling of EX-1M Batteries
May 13, 2024
Download PDF
FREMONT, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced that it has begun customer sampling of its breakthrough EX-1M battery.
Initial EX-1M samples were built and tested at the company’s facility in Fremont for IoT and smartphone customers. Enovix plans to build a larger number of EX-1M samples from its Agility Line at Fab2 in Malaysia later in the second quarter of 2024.
“We set out on an ambitious plan last year to build a battery that would meet the demanding requirements of leading smartphone customers,” said Dr. Raj Talluri, President and CEO of Enovix. “With EX-1M now sampling, we are ushering in a new era of lithium-ion battery technology by utilizing a 100% active silicon anode to boost energy density and allow customers to keep up with a growing array of energy needs with the onset of AI.”
Given strong customer interest and the readiness of Fab2, Enovix has begun taking decisive actions to consolidate manufacturing of all silicon batteries to Malaysia by July.
1 month ago
It shows the Penang factory is now ready for mass production. The US has just increased three times, the tariff on Lithium-Ion batteries for EVs from China in 2025. We can expect spectacular results from Enovix and YBS. As MD Yong predicted, another Inari in the making.
1 month ago
https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-05-15-story-h-161668780-YBS_International_Proxy_To_Enovix_rsquo_s_Growth_And_More
Once again, YBS is potential to become the next Genetec.
Lets wait n see.
1 month ago
This is the future of AI usage on phone in the future... Phones in future will need whatever extra processing and battery juice as possible to bring this a reality.
https://www.youtube.com/watch?v=DQacCB9tDaw
1 month ago
Chatgpt give a thumbs up...
Market analysts suggest that with the implementation of these strategic projects, YBS International could experience significant growth in its market capitalization, potentially increasing fivefold within the next few years if the projects succeed and attract large-scale orders (Bursa Malaysia (KLSE) Market Summary). Additionally, YBS International's stock has shown a strong performance over the past year, with a 43.48% increase in its price, indicating positive investor sentiment (FT Markets).
1 month ago
Latest Qtr Report today:
Comment on material change in profit before tax
Current Preceding
quarter quarter
RM'000 RM'000 RM'000 %
Revenue 27,865 24,199 3,666 15.1%
Loss before tax 5,496 1,195 4,301 359.9%
B3. Future prospects
B4. Statement by the Board of Directors on revenue or profit estimate, forecast, projection or internal targets
B5.
Not applicable.
B6. Income tax expense
Current
quarter Year to date
RM'000 RM'000
Income tax 83 454
Deferred tax (532) (498)
(449) (44)
B7. Status of corporate proposals
Reversal of tax expense incurred for the current quarter and year to date was mainly due to loss position of the Group.
Variance
Premised on the above, the Group remains cautious on the overall outlook and anticipates potential challenges in next
financial year. The Group remains steadfast in its commitment to improving cost efficiency and progress towards a stronger
position in the market.
The Group did not announce any revenue or profit estimate, forecast, projection or internal targets for the financial year ended
31 March 2024.
Variance of actual profit from profit forecast or shortfall in the profit guarantee (only applicable to the final quarter for
corporations which have previously announced or disclosed a profit forecast or profit guarantee in a public
The Group generated gross profit for the current quarter ended 31 March 2024 amounted to RM0.858 million as compared to
preceding year corresponding quarter of RM3.115 million. For current financial year ended 31 March 2024, the Group reported
gross profit was RM9.754 million as compared to preceding year corresponding period of RM15.133 million. The decrease in
gross profit for the current quarter and current financial year was mainly due to the impact of lower margin products, share
options expenses amounting to RM3.018 million and softening market demand in precision engineering and plastic injection
segment.
In particular, any significant movement in the exchange rate between Ringgit Malaysia and United States Dollar may result in
foreign exchange gains or losses, which may also affect the Group’s performance.
The Group is of the view that the business environment will remains volatile and challenging.
The Group recorded a revenue of RM27.865 million as compared to preceding quarter of RM24.199 million. The increase of
RM3.666 million in revenue was mainly due to higher demand from existing customers. The Group recorded a loss before tax
of RM5.496 million for the current quarter as compared to RM1.195 million in preceding quarter, an increase in loss before tax
of RM4.301 million mainly due to share options expenses amounting RM4.892 million incurred in current quarter.
1 month ago
Also, provision for depreciation of RM5.774M + RM1.088M = RM6.862M.
Moving forward, the biggest corporate new is Enovix & YBS collaboration in the new factory producing EX-1M battery & others, coming in the 2nd half of 2024 will bring in the expected turnover and financial performance.
1 month ago
Please search in google all the news "Enovix News" for all the updates of this collaboration which will turn YBS's corporate direction in the EX-1M battery business which is in great demand worldwide.
1 month ago
Enovix Reaches Development Agreement with a Leading Smartphone OEM
May 01, 2024
Download PDF
FREMONT, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has reached a development agreement with one of the top five smartphone OEMs in the world by unit volume.
“We are thrilled to announce we have advanced our engagement further with one of our top customers by reaching a formal development agreement, underscoring the value and competitive advantage our silicon batteries can provide to the next generation of smartphones, beginning with EX-1M,” said Dr. Raj Talluri, President and CEO, Enovix. “Smartphone battery requirements are incredibly rigorous and set the standard for consumer electronics more broadly. Our goal is to provide our customers with a leading-edge battery that will enable demanding AI applications without compromising battery life.”
Enovix has begun manufacturing its EX-1M battery cells based on smartphone customer specifications and is on track to deliver first samples in the second quarter of 2024. High volume production will take place at the company’s Fab2 facility in Penang, Malaysia.
1 month ago
REMONT, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has been granted 15-year Pioneer Status from the Malaysian Investment Development Authority (MIDA) for manufacturing its batteries in Malaysia. Enovix’s high-volume manufacturing facility, Fab2, is located in the Penang Science Park in Penang, Malaysia. Enovix previously announced the establishment of Enovix Malaysia Sdn. Bhd. (“Enovix Malaysia”) in March 2023.
Enovix’s Pioneer Status application was approved by the Government of Malaysia for the manufacture of lithium-ion batteries within the country for 15 years. The primary benefit of receiving Pioneer Status is an exemption from the payment of income tax, subject to meeting certain conditions such as incurring minimum capital and operational expenses, employing local workers, implementing a local vendor development program, providing training programs for students, and collaborating with higher education institutions.
“Being awarded Pioneer Status is a monumental milestone for Enovix as we become further established in Malaysia and begin to ramp up manufacturing in our Fab2 facility,” said Ajay Marathe, Chief Operating Officer of Enovix Corporation. “This status will improve our net profitability in the long-term as we scale the business and we are thrilled that MIDA has granted us Pioneer Status to support our efforts. We hope our presence will benefit Malaysia, particularly as we continue to grow and offer employment opportunities across R&D and manufacturing.”
In July 2023, Enovix and YBS International Berhad (“YBS”) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company signed a Master Service Agreement to support Enovix’s Fab2 site. Since then, Enovix has made significant progress, establishing Fab2, hiring nearly 100 team members and building out approximately 250,000 square feet of factory space in 100 days including sections that meet the Class 10,000 Cleanroom standard. Enovix is on track to complete SAT and produce the first samples of its silicon batteries off its Agility Line in Q2 2024.
“I am delighted to collaborate with MIDA once again,” added Marathe. “We have worked together over the last three decades while I led the successful growth of several large factories for companies such as AMD and Lumileds in Malaysia. It is the ideal location for Enovix given its skilled workforce, business friendly environment, strategic location and thriving technology sector. With MIDA’s support, I am confident we will scale a sustainable high-volume manufacturing business.”
For more information on Enovix and its battery technology, please visit enovix.com.
1 month ago
basically evonix revenue will only kick in next qr, hope tomorrow wont gap down...
1 month ago
The Group recorded a loss before tax
of RM5.496 million for the current quarter as compared to RM1.195 million in preceding quarter, an increase in loss before tax
of RM4.301 million mainly due to share options expenses amounting RM4.892 million incurred in current quarter.
1 month ago
Pls dun frighten people.... we know what we bought in... we know the strengh of YBS and Enovix....
1 month ago
Dow Jones
Dow Jones Industrial Average
38,441.54
-411.32
1.05%
Nasdaq
NASDAQ Composite
16,920.58
-99.30
0.58%
1 month ago
Enovix Signs Agreement to Deliver High-Performance Batteries for Mixed Reality Headset
Jun 25, 2024
6 days ago
In June, Enovix began production of EX-1M battery samples from Fab2 in Malaysia.
6 days ago
Looks like the uncertainty finally resolved. The arrangement with Enovix is attractive but concerns is whether Enovix can sell its products, and hence concern over YBS can ramp-up the utilisation as the contract manufacturer. Enovix finally managed to win the buy in of the major mixed reality headset customer (AR/VR) in yesterday announcement. Should be either Meta, Google, Microsoft or Apple. Time to rocket
6 days ago
Looks like CYCHANG155 is right. wonder if mgmt and insiders are the one selling down. looks dodgy now the stock
6 days ago
Hahaha..... welcome to Malaysia, where anything can happen.... Enovix shot up 35% and YBS only move up 1.3%.....
6 days ago
Be patient everyone.
Let the bullet fly for a while first.
Just hold your ticket tight, Year 2025 will be the game changer year for YBS.
Marked down today market cap of RM205mil.
In 2025, you will see the market cap double or triple (minimum RM500mil).
6 days ago
YBS’ new plant, with a 340,000-sq-ft production floor, sits on a 10-acre site in the Penang Science Park in Seberang Prai.
Can you imaginze how big is it, and how much revenue to be generate if this plant really fully occupy?
This factory is to produce high end battery products, it is very small products, not big item like steel bar or furniture.
1 small carton box may only can easily fill up 100 battery and it could worth few thousand. One 40ft container shipment could easy worth few million US dollar.
Unlike other low end manufacturer, 1 40ft container may only worth RM100-200k worth of goods.
With such a big plant (340,000 sqft), I think within 2-3 years YBS will achieve annual revenue of Rm1bil, or minium RM250mil per quarter.
5 days ago
From their recent report, they can fit 8 lines into their science park facility.... 1st line to produce 9 to 10 million batteries per yr.... There rest of the lines Enovix is looking at 10 to 12 million per yr..... 8 lines will produce averagely 80 million batteries per yr.... Enovix is selling their batteries US12 to US15 with gross profit of 50%..... so YBS sholud be selling to Enovix abt US7 per battery.....
Yearly revenue will be around 7x80 million= US560million
Equivalent to 560x4.7= MYR2.632 Billion
Thats why YBS MD equates YBS to Inari or Vitrox
5 days ago
Post a Comment
Featured Posts
MQ Trading Signals
Time
Signal
Duration
Type
2024-07-02 11:00:00
EMA 5
10 Mins
BUY
2024-07-02 10:50:00
EMA 5
10 Mins
SELL
2024-07-02 09:30:00
EMA 5
30 Mins
BUY
Apps
Top Articles
1
Rocketlauncher
2
How to become a resilient trader
3
4
Grand Mustah Trading Journey
APPASIA (0119) The Dual Beneficiary from E-Invoicing Malaysia & Byte Dance (Tik Tok)
5
6
save malaysia!
8
save malaysia!
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Albukhary
ENOVIX share price has dropped from its peak USD21.00 (Jul'23) to USD6.20 (Apr'24).
As an outsider, this really make me feel worry whether this battery company is going to success or failed.
Anyone here that have more information about ENOVIX or YBS can share here?
2 months ago