DailySpaceBursa Malaysia companies, read from their annual reports从年报读懂大马上市公司

XOX Technology Berhad

0017 · ACE Market创业板(ACE Market) · annual reports 2023 to 2025, 326 entries read2023 至 2025 年报,共读出 326 条

Revenue, 20252025 年营业额RM150.6m1.51亿令吉down 31.1% from比 2024 年减少 31.1%,当年为 RM218.5m2.19亿令吉 in 2024
Total assets, 20252025 年总资产RM98.8m9.88千万令吉down 10.9% from比 2024 年减少 10.9%,当年为 RM110.8m1.11亿令吉 in 2024
Total equity, 20252025 年总权益RM54.6m5.46千万令吉up 18.4% from比 2024 年增加 18.4%,当年为 RM46.1m4.61千万令吉 in 2024
Cash and bank balances, 20252025 年现金与银行结余RM16.6m1.66千万令吉down 16.7% from比 2024 年减少 16.7%,当年为 RM19.9m1.99千万令吉 in 2024

The company这家公司

The company's subsidiaries are principally involved in the provision of mobile solutions, information technology services, investment holding, distribution and retailing of fast-moving electronic goods, and wholesale and retail of seafood.公司的子公司主要从事移动方案供应、信息科技服务、投资控股、快消电子产品分销与零售,以及海鲜批发与零售。

Source: annual report 2024, page 70.出处:2024 年年报第 70 页。

Mobile solutions has been the main business segment, providing RM79.6 million (90.9%) of revenue in 2023, RM211.3 million (96.7%) in 2024, and RM144 million (95%) of RM150.6 million total revenue in 2025.移动方案一直是主要业务部门,在 2023 年贡献 RM79.6 million(90.9%)营业额,2024 年贡献 RM211.3 million(96.7%),2025 年在 RM150.6 million 总营业额中贡献 RM144 million(95%)。

Source: annual report 2023, page 12; annual report 2024, page 13; annual report 2025, page 11.出处:2023 年年报第 12 页;2024 年年报第 13 页;2025 年年报第 11 页。

Pakistan is the largest geographic contributor, generating RM63.4 million (72.4%) of revenue in 2023, RM201.5 million (92.2%) in 2024, and RM147.1 million (98%) in 2025.巴基斯坦是最大的地域贡献来源,在 2023 年贡献 RM63.4 million(72.4%)营业额,2024 年贡献 RM201.5 million(92.2%),2025 年贡献 RM147.1 million(98%)。

Source: annual report 2023, page 12; annual report 2024, page 13; annual report 2025, page 11.出处:2023 年年报第 12 页;2024 年年报第 13 页;2025 年年报第 11 页。

On 11 November 2024, a ransomware attack affected approximately 70% of the group's IT infrastructure in Malaysia, leading the board on 22 April 2025 to permanently discontinue the Malaysian value-added services business with operations ceasing on 22 May 2025.2024 年 11 月 11 日,勒索软件攻击波及集团在马来西亚约 70% 的 IT 基础设施,导致董事会于 2025 年 4 月 22 日决定永久终止马来西亚增值服务业务,并于 2025 年 5 月 22 日停止运作。

Source: annual report 2025, page 93.出处:2025 年年报第 93 页。

XOX (Hong Kong) Limited holds 199,830,800 shares (22.36%), and XOX Bhd is deemed interested in them. In 2024 Kenanga Nominees held 8,325,200 shares (0.93%) in a pledged securities account for Chew Shin Yong, Mark. The 2025 report lists pledged securities accounts for XOX (Hong Kong) Limited and for Chew Shin Yong, Mark; the reading does not give their numbers of shares. The reports state no director has family relationships with other directors or major shareholders.XOX (Hong Kong) Limited 持有 199,830,800 股(22.36%),XOX Bhd 被视为拥有这些股份的权益。2024 年 Kenanga Nominees 在 Chew Shin Yong, Mark 的抵押证券账户中持有 8,325,200 股(0.93%)。2025 年年报列有 XOX (Hong Kong) Limited 及 Chew Shin Yong, Mark 的抵押证券账户;所读内容未给出其股数。年报说明董事之间或与主要股东之间均无亲属关系。

Source: annual report 2024, page 202; annual report 2025, pages 8, 216, 217, 218.出处:2024 年年报第 202 页;2025 年年报第 8、216、217、218 页。

Datuk Chai Woon Chet passed away on 16 December 2023. Datuk Halmi Bin Khalid was appointed on 18 October 2024 and resigned on 19 March 2025. Nicholas Wong Yew Khid resigned on 15 January 2025. Mohd Effendi bin Mat Aris was appointed Chief Executive Officer on 5 August 2025, and Chew Shin Yong, Mark resigned on 7 August 2025.Datuk Chai Woon Chet 于 2023 年 12 月 16 日逝世。Datuk Halmi Bin Khalid 于 2024 年 10 月 18 日获委任,2025 年 3 月 19 日辞任。Nicholas Wong Yew Khid 于 2025 年 1 月 15 日辞任。Mohd Effendi bin Mat Aris 于 2025 年 8 月 5 日获委任为行政总裁,Chew Shin Yong, Mark 于 2025 年 8 月 7 日辞任。

Source: annual report 2024, page 26; annual report 2025, pages 9, 67.出处:2024 年年报第 26 页;2025 年年报第 9、67 页。

Revenue by segment, 20242024 年各部门营业额占比

Mobile solutions: 96.7%Other segments: 3.3%
Mobile solutions 96.7%移动方案 96.7%Other segments 3.3%其他部门 3.3%

Source: annual report 2024, pages 13, 15.出处:2024 年年报第 13、15 页。

Major events大事记

2022On 30 November 2022, the company disposed 100% equity in M3 Asia and M3 Online for RM1 each.2022 年 11 月 30 日,公司各以 RM1 脱售 M3 Asia 与 M3 Online 的 100% 股权。

Source: annual report 2023, pages 120, 121.出处:2023 年年报第 120、121 页。

2023On 24 March 2023, the capital reduction of RM65,000,000 was completed.2023 年 3 月 24 日,RM65,000,000 的股本削减完成。

Source: annual report 2023, page 45.出处:2023 年年报第 45 页。

2023Datuk Chai Woon Chet passed away on 16 December 2023.Datuk Chai Woon Chet 于 2023 年 12 月 16 日逝世。

Source: annual report 2024, page 26.出处:2024 年年报第 26 页。

2024On 31 May 2024, agreements were signed to dispose four subsidiaries to Reliance Infrastructure Sdn. Bhd. for RM1 each.2024 年 5 月 31 日,公司签订协议各以 RM1 向 Reliance Infrastructure Sdn. Bhd. 脱售四家子公司。

Source: annual report 2024, page 75.出处:2024 年年报第 75 页。

2024On 1 July 2024, an agreement was signed to dispose Aquatic Harvest Sdn. Bhd. for RM200,000.2024 年 7 月 1 日,公司签订协议以 RM200,000 脱售 Aquatic Harvest Sdn. Bhd.。

Source: annual report 2024, page 76.出处:2024 年年报第 76 页。

2024On 11 November 2024, a ransomware attack affected approximately 70% of IT infrastructure in Malaysia.2024 年 11 月 11 日,勒索软件攻击波及马来西亚约 70% 的 IT 基础设施。

Source: annual report 2025, page 93.出处:2025 年年报第 93 页。

2025On 22 April 2025, the board resolved to permanently discontinue the Malaysian value-added services business, ceasing operations on 22 May 2025.2025 年 4 月 22 日,董事会决议永久终止马来西亚增值服务业务,并于 2025 年 5 月 22 日停止运作。

Source: annual report 2025, page 93.出处:2025 年年报第 93 页。

2025Mohd Effendi bin Mat Aris was appointed Chief Executive Officer on 5 August 2025.Mohd Effendi bin Mat Aris 于 2025 年 8 月 5 日获委任为行政总裁。

Source: annual report 2025, page 9.出处:2025 年年报第 9 页。

Assets, equity and liabilities资产、权益与负债

Total assets总资产
2022
RM57.7m5.77千万令吉
2023
RM51.5m5.15千万令吉
2024
RM110.8m1.11亿令吉
2025
RM98.8m9.88千万令吉
Total equity总权益
2022
RM30.9m3.09千万令吉
2023
RM23.5m2.35千万令吉
2024
RM46.1m4.61千万令吉
2025
RM54.6m5.46千万令吉
Total liabilities总负债
2022
RM26.8m2.68千万令吉
2023
RM28.0m2.80千万令吉
2024
RM64.7m6.47千万令吉
2025
RM44.1m4.41千万令吉

Revenue and cash balances营业额与现金结余

Revenue营业额
2022
RM68.7m6.87千万令吉
2023
RM87.6m8.76千万令吉
2024
RM218.5m2.19亿令吉
2025
RM150.6m1.51亿令吉
Cash and bank balances现金与银行结余
2022
RM20.4m2.04千万令吉
2023
RM7.01m701万令吉
2024
RM19.9m1.99千万令吉
2025
RM16.6m1.66千万令吉

20232023 年

Share capital was reduced by RM65,000,000 on 24 March 2023 through cancellation of paid-up capital to set off accumulated losses. Trade receivables rose by RM8.7 million to RM30.5 million. No dividend was declared, while dividend paid to non-controlling interests was RM792,441. The group held RM7,013,022 in cash and bank balances at year end.2023 年 3 月 24 日,公司通过注销实收股本削减股本 RM65,000,000 以抵销累计亏损。应收账款增加 RM8.7 million 至 RM30.5 million。公司未宣派股息,向非控股权益支付的股息为 RM792,441。期末集团持有现金与银行结余 RM7,013,022。

Source: annual report 2023, pages 11, 13, 45, 119.出处:2023 年年报第 11、13、45、119 页。

20242024 年

The financial period covered 15 months following the change of financial year end to 30 June. Trade receivables increased by RM32.0 million to RM62.5 million. Agreements were entered into to dispose four overseas subsidiaries for RM1 each, and a loss from discontinued operations of RM2,361,659 was recorded. No dividend was recommended, and cash and bank balances stood at RM19,926,897.由于财政年结日更改至 6 月 30 日,本财务期间涵盖 15 个月。应收账款增加 RM32.0 million 至 RM62.5 million。公司签订协议各以 RM1 脱售四家海外子公司,已终止业务录得亏损 RM2,361,659。董事未建议派发股息,现金与银行结余为 RM19,926,897。

Source: annual report 2024, pages 6, 14, 18, 34, 70, 75.出处:2024 年年报第 6、14、18、34、70、75 页。

20252025 年

The 2025 report again told of the agreement of 1 July 2024 to dispose of Aquatic Harvest Sdn. Bhd. for RM200,000 cash. The report says lease liabilities increased from a new office lease in Malaysia that began in the year. Motor vehicles carried at RM465,222 were pledged as security for the related lease liabilities. Trade receivables individually assessed as impaired were RM644,445. No dividend was recommended, and cash and bank balances were RM16,598,962.2025 年年报再次提到 2024 年 7 月 1 日以现金 RM200,000 脱售 Aquatic Harvest Sdn. Bhd. 的协议。年报称马来西亚一份于本年度开始的新办公室租约使租赁负债增加。账面值 RM465,222 的机动车辆已抵押作为相关租赁负债的担保。个别评估为减值的贸易应收账款为 RM644,445。董事未建议派发股息,现金与银行结余为 RM16,598,962。

Source: annual report 2025, pages 12, 17, 93, 154, 171.出处:2025 年年报第 12、17、93、154、171 页。

Across the three years三年合看

The company declared no dividends in any of the three reports. Each report says some overseas operations face capital controls that restrict repatriation of funds; the 2023 and 2024 statements say there are no significant restrictions on subsidiaries transferring funds to the group. The group reported other investments in unit trusts of RM1,894,583 in 2024 and RM2,208,259 in 2025, while cash and bank balances moved from RM7,013,022 in 2023 to RM19,926,897 in 2024 and RM16,598,962 in 2025.公司在三份年报中均未宣派股息。每份年报都说部分海外业务面临限制资金汇回的外汇管制;2023 与 2024 年的财务报表则说子公司以现金股息或偿还贷款方式向集团转移资金没有重大限制。集团于 2024 年列出单位信托其他投资 RM1,894,583,2025 年为 RM2,208,259;现金与银行结余由 2023 年的 RM7,013,022 变为 2024 年的 RM19,926,897 与 2025 年的 RM16,598,962。

Source: annual report 2023, pages 16, 17, 121; annual report 2024, pages 17, 18, 145; annual report 2025, pages 15, 17.出处:2023 年年报第 16、17、121 页;2024 年年报第 17、18、145 页;2025 年年报第 15、17 页。

Still to be spent尚未支出的承诺

Capital commitments for the purchase of computers and data centre (2023) and of computer servers (2024) were printed as RM1,161,009 in both reports. In Pakistan, an order dated 24 June 2025 raised a demand of Rs.1,172.878 million for Punjab Sales Tax with a penalty of Rs.58.644 million; it is under appeal, and the appeal stands reserved for order.2023 年用于购买电脑与数据中心、2024 年用于购买电脑服务器的资本承诺,在两份年报中均印为 RM1,161,009。在巴基斯坦,一项 2025 年 6 月 24 日的命令追索旁遮普销售税 Rs.1,172.878 million 及罚款 Rs.58.644 million;该命令已被上诉,上诉已审理,待作出裁决。

Source: annual report 2023, page 174; annual report 2024, page 197; annual report 2025, page 212.出处:2023 年年报第 174 页;2024 年年报第 197 页;2025 年年报第 212 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2022202320242025
RM令吉RM令吉RM令吉RM令吉
Revenue营业额68,664,60687,607,432218,522,586150,589,316
Profit/(Loss) before taxation税前盈利/(亏损)(262,290)6,419,966––
Total assets总资产57,674,29051,489,584110,817,48798,752,463
Total liabilities总负债26,765,25728,015,43664,686,40644,121,357
Total equity总权益30,909,03323,474,14846,131,08154,604,106
Cash and bank balances现金与银行结余20,365,9787,013,02219,926,89716,598,962
Other investments其他投资––1,894,5832,208,259

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
Targeting to begin roll-out of new services within the next 3 quarters (2023).目标在未来 3 个季度内开始推出新服务(2023 年)。The 2024 report repeated the same target. The 2025 report told of a few software development projects completed for customers, without naming new services rolled out.2024 年年报重复了同一目标。2025 年年报提到为客户完成了几项软件开发项目,但未指明推出了哪些新服务。

Source: annual report 2023, page 11; annual report 2024, page 12; annual report 2025, page 13.出处:2023 年年报第 11 页;2024 年年报第 12 页;2025 年年报第 13 页。

Target repeated in 2024; roll-out not reported2024 年重复该目标;未报告推出
Intends to overhaul personnel retention policies in the coming year to attract and retain quality personnel (2023).打算在来年改革人员留任政策,以吸引并留住优秀员工(2023 年)。The statement was repeated in 2024 and 2025, while attrition was 55% in 2024 and 218% in 2025.该表述在 2024 和 2025 年照字重复,而员工流失率在 2024 年为 55%,2025 年为 218%。

Source: annual report 2023, page 16; annual report 2024, pages 17, 59; annual report 2025, pages 16, 54.出处:2023 年年报第 16 页;2024 年年报第 17、59 页;2025 年年报第 16、54 页。

Same intention repeated; overhaul not reported重复同一意向;未报告改革
Disposal of four overseas subsidiaries expected to be completed by the subsequent financial year (2024).四家海外子公司的脱售预计在下一财政年度完成(2024 年)。As of 30 June 2025, approvals from relevant authorities across five jurisdictions were still pending.截至 2025 年 6 月 30 日,五个司法管辖区相关部门的审批仍在等待中。

Source: annual report 2024, page 160; annual report 2025, page 177.出处:2024 年年报第 160 页;2025 年年报第 177 页。

Not completed by 30 June 2025; approvals pending截至 2025 年 6 月 30 日未完成;审批待定
Focused on achieving a customer satisfaction score of 95% (2024).专注于实现 95% 的客户满意度评分(2024 年)。The 2025 report repeats the same target; no measured score appears in the reading.2025 年年报重复同一目标;所读内容中没有实际测得的评分。

Source: annual report 2024, page 46; annual report 2025, page 36.出处:2024 年年报第 46 页;2025 年年报第 36 页。

No score reported未公布评分

What the reports leave open年报留下待看的事

  • On 24 June 2025, Pakistani tax authorities demanded Rs.1,172.878 million for Punjab Sales Tax and Rs.58.644 million in penalty, which is under appeal with the order reserved.巴基斯坦税务机关在 2025 年 6 月 24 日催缴旁遮普销售税 Rs.1,172.878 million 及罚款 Rs.58.644 million,该事项已提出上诉且裁决待定。

    Source: annual report 2025, page 212.出处:2025 年年报第 212 页。

  • Implementation of a cybersecurity response framework and business continuity plan following the ransomware attack and cessation of the Malaysian value-added services business.在勒索软件攻击及马来西亚增值服务业务停止后,网络安全应对框架与业务持续计划的落实情况。

    Source: annual report 2025, pages 14, 78, 93.出处:2025 年年报第 14、78、93 页。

  • Pending regulatory approvals in Thailand, Indonesia, British Virgin Islands, Hong Kong and China for the disposal of four overseas subsidiaries.脱售四家海外子公司在泰国、印尼、英属维尔京群岛、香港和中国仍待监管部门审批。

    Source: annual report 2025, pages 176, 177.出处:2025 年年报第 176、177 页。

  • Proposed change of the company's name from XOX Technology Berhad to Nova Technology Services Berhad.拟将公司名称由 XOX Technology Berhad 变更为 Nova Technology Services Berhad。

    Source: annual report 2025, page 220.出处:2025 年年报第 220 页。

Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-24.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 2026-10-24。