DailySpaceAIMFLEX Berhad
0209 · ACE Market创业板（ACE Market） · annual reports 2023 to 2025, 451 entries read2023 至 2025 年报，共读出 451 条
The company这家公司
AIMFLEX Berhad operates in manufacturing and distribution. The manufacturing segment designs and fabricates specialised automation machines, automation systems, precision parts and related modules, while the distribution segment distributes statistical analysis software.AIMFLEX Berhad 经营制造与分销业务。制造部门设计与制造自动化设备、自动化系统、精密零件及相关模块，分销部门则分销统计分析软件。
Source: annual report 2023, pages 19, 53, 54.出处：2023 年年报第 19、53、54 页。
In 2025, manufacturing contributed RM51,936,077 and distribution contributed RM12,557,991 of total revenue of RM64,494,028. By geographic market, Malaysia contributed 54.7% of total revenue (RM35,284,817), Singapore 28.9% (RM18,610,546), and the Philippines RM6,368,296.2025 年，在 RM64,494,028 的总营业额中，制造业务贡献 RM51,936,077，分销业务贡献 RM12,557,991。按地区划分，马来西亚占总营业额的 54.7%（RM35,284,817），新加坡占 28.9%（RM18,610,546），菲律宾贡献 RM6,368,296。
Source: annual report 2025, pages 19, 134, 144.出处：2025 年年报第 19、134、144 页。
Customer concentration decreased across the reports. Sales to Customer A fell from RM40,483,973 in 2023 to RM32,226,231 in 2024 and RM8,833,669 in 2025. Product sales to a key customer group fell from approximately 48% in 2023 to 41% in 2024 and approximately 14% in 2025, and the group has no long-term contracts with major customers.客户集中度在各年报期间有所下降。对 Customer A 的销售额由 2023 年的 RM40,483,973 降至 2024 年的 RM32,226,231 及 2025 年的 RM8,833,669。对主要客户群体的产品销售占比由 2023 年的约 48% 降至 2024 年的 41% 及 2025 年的约 14%，集团与主要客户并未订立长期合同。
Source: annual report 2023, pages 22, 134; annual report 2024, pages 22, 142; annual report 2025, pages 22, 144.出处：2023 年年报第 22、134 页；2024 年年报第 22、142 页；2025 年年报第 22、144 页。
The largest shareholder is Luster Industries Berhad with 181,576,707 shares (12.328%), held under a pledged securities account with AmBank (M) Berhad. Chuah Chong Ewe holds 162,206,707 shares (11.014%) and has a deemed interest in 35,318,000 shares (2.398%) held by Resolute Accomplishment Sdn. Bhd. through Gosave Sdn. Bhd.第一大股东为 Luster Industries Berhad，持有 181,576,707 股（12.328%），存放于 AmBank (M) Berhad 的质押证券账户中。Chuah Chong Ewe 持有 162,206,707 股（11.014%），并通过 Gosave Sdn. Bhd. 控股的 Resolute Accomplishment Sdn. Bhd. 拥有 35,318,000 股（2.398%）的视同权益。
Source: annual report 2025, pages 79, 80, 163, 164.出处：2025 年年报第 79、80、163、164 页。
Chuah Chong Ewe serves as Executive Chairman, while his brother Chuah Chong San is Group Managing Director. Chuah Chong Ewe is also Group Managing Director and a major shareholder of Luster Industries Berhad. Chuah Chern Yang, the son of Chuah Chong Ewe and nephew to Chuah Chong San, was appointed to the board on 2 April 2025.Chuah Chong Ewe 担任执行主席，其胞弟 Chuah Chong San 担任集团董事经理。Chuah Chong Ewe 同时是 Luster Industries Berhad 的集团董事经理兼主要股东。Chuah Chong Ewe 之子兼 Chuah Chong San 之侄 Chuah Chern Yang 于 2025 年 4 月 2 日获委任加入董事会。
Source: annual report 2023, pages 7, 8, 11; annual report 2024, page 76; annual report 2025, pages 7, 11, 15, 79.出处：2023 年年报第 7、8、11 页；2024 年年报第 76 页；2025 年年报第 7、11、15、79 页。
Revenue by destination, 20252025 年按地区划分营业额
Source: annual report 2025, page 144.出处：2025 年年报第 144 页。
Major events大事记
Source: annual report 2023, pages 16, 130.出处：2023 年年报第 16、130 页。
Source: annual report 2023, pages 7, 8.出处：2023 年年报第 7、8 页。
Source: annual report 2024, pages 16, 21.出处：2024 年年报第 16、21 页。
Source: annual report 2024, pages 87, 124.出处：2024 年年报第 87、124 页。
Source: annual report 2024, page 76; annual report 2025, page 79.出处：2024 年年报第 76 页；2025 年年报第 79 页。
Source: annual report 2025, page 54.出处：2025 年年报第 54 页。
Source: annual report 2025, pages 166, 171.出处：2025 年年报第 166、171 页。
Revenue, profit and cash营业额、盈利与现金
Assets, equity and liabilities资产、权益与负债
20232023 年
In 2023, the group acquired a 60% stake in Owin Industrial Sdn. Bhd. for cash of RM1,200,000, a 60% stake in Union Tech Automation Sdn. Bhd. for cash of RM900,000, and an 80% stake in Esontech Sdn. Bhd. for cash of RM1,730,000. Union Tech purchased a factory building in Penang for RM3.25 million, financed with a bank loan, taking total loans and borrowings to RM3,247,076. Purchase of property, plant and equipment was RM2,709,235, while option exercises brought RM666,373 of share proceeds. No dividend was declared or paid.2023 年，集团以 RM1,200,000 现金收购 Owin Industrial Sdn. Bhd. 60% 股权，以 RM900,000 现金收购 Union Tech Automation Sdn. Bhd. 60% 股权，并以 RM1,730,000 现金收购 Esontech Sdn. Bhd. 80% 股权。Union Tech 斥资 RM3.25 million 购置槟城厂房，并以银行贷款融资，使贷款与借款总额达到 RM3,247,076。购买物业、厂房及设备支出 RM2,709,235，行使期权带来 RM666,373 的股份所得款项。公司未派发或宣布任何股息。
Source: annual report 2023, pages 21, 67, 80, 120, 130.出处：2023 年年报第 21、67、80、120、130 页。
20242024 年
In 2024, investing cash outflow was RM33.43 million, mainly from placing RM33.07 million into fixed deposits with maturity over three months, alongside RM630,058 spent on property, plant and equipment. Financing cash outflow was RM1.19 million, including RM310,000 used to buy back 2,000,000 shares and RM1.02 million for loan and lease repayments. Share option exercises brought RM22,815. No dividend was declared or paid.2024 年，投资活动现金流出为 RM33.43 million，主要由于存入 RM33.07 million 期限超过三个月的定期存款，以及购买物业、厂房及设备支出 RM630,058。融资活动现金流出为 RM1.19 million，包括耗资 RM310,000 回购 2,000,000 股股份，以及偿还贷款与租赁负债 RM1.02 million。行使期权带来 RM22,815。公司未派发或宣布任何股息。
Source: annual report 2024, pages 21, 74, 87, 124.出处：2024 年年报第 21、74、87、124 页。
20252025 年
In 2025, investing activities generated a net cash inflow of RM30.69 million, mainly from withdrawing RM32.49 million of fixed deposits with maturity over three months, while capital expenditure was RM2,009,764. Financing activities used RM2.55 million, including RM2,210,830 to buy back 21,366,100 shares and RM0.62 million in net repayments of term loans and lease liabilities. Tax refunds added RM2,058,248. No dividend was declared or paid.2025 年，投资活动录得现金净流入 RM30.69 million，主要源于提取 RM32.49 million 期限超过三个月的定期存款，资本支出则为 RM2,009,764。融资活动使用了 RM2.55 million，包括耗资 RM2,210,830 回购 21,366,100 股股份，以及净偿还定期贷款和租赁负债 RM0.62 million。税务退款带来 RM2,058,248。公司未派发或宣布任何股息。
Source: annual report 2025, pages 21, 77, 89, 90, 127.出处：2025 年年报第 21、77、89、90、127 页。
Across the three years三年合看
Across the three years, revenue contracted from RM91.7 million in 2022 to RM85.1 million in 2023, RM78.6 million in 2024, and RM64.5 million in 2025, while profit for the year fell from RM13.2 million in 2022 to RM2.8 million in 2025. No dividend was declared or paid in any of the three years. The company bought back 2,000,000 shares in 2024 and 21,366,100 shares in 2025. Goodwill of RM4,354,250 was recorded from subsidiary acquisitions.三年合看，营业额从 2022 年的 RM91.7 million 缩减至 2023 年的 RM85.1 million、2024 年的 RM78.6 million 及 2025 年的 RM64.5 million，年度盈利则从 2022 年的 RM13.2 million 降至 2025 年的 RM2.8 million。三年内均未宣布或派发股息。公司在 2024 年回购了 2,000,000 股股份，并在 2025 年回购了 21,366,100 股股份。收购子公司累计录得商誉 RM4,354,250。
Source: annual report 2023, page 67; annual report 2024, pages 74, 124; annual report 2025, pages 77, 127, 156.出处：2023 年年报第 67 页；2024 年年报第 74、124 页；2025 年年报第 77、127、156 页。
Still to be spent尚未支出的承诺
At the end of 2025, unutilised IPO proceeds totalled RM8.1 million, comprising RM6.8 million earmarked for the construction of a new D&D centre and RM1.3 million for capital expenditures, with the timeframe extended to 84 months from listing. Unutilised subscription placement proceeds for business or investment opportunities stood at RM2.1 million, with the timeframe extended to 60 months.截至 2025 年底，未动用的首次公开募股（IPO）所得款项共计 RM8.1 million，包括用于建设新研发中心的 RM6.8 million 及资本支出的 RM1.3 million，动用期限已延长至上市起 84 个月。用于业务或投资机会的未动用认购配售所得款项为 RM2.1 million，期限延长至 60 个月。
Source: annual report 2025, page 57.出处：2025 年年报第 57 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 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 91,736,998 | 85,059,950 | 78,636,795 | 64,494,028 |
| Profit before taxation税前盈利 | 16,925,588 | 12,217,930 | 10,493,684 | 4,345,516 |
| Profit for the financial year本年度盈利 | 13,218,402 | 9,350,017 | 8,882,828 | 2,838,134 |
| Purchase of property, plant and equipment购买物业、厂房及设备 | (969,780) | (2,709,235) | (630,058) | (2,009,764) |
| Total assets总资产 | 138,108,525 | 164,085,295 | 163,133,514 | 167,824,589 |
| Total liabilities总负债 | 14,726,295 | 29,186,182 | 19,417,338 | 23,315,092 |
| Total equity总权益 | 123,382,230 | 134,899,113 | 143,716,176 | 144,509,497 |
| Loans and borrowings贷款与借款 | – | 3,247,076 | 3,104,097 | 2,950,923 |
| Cash and bank balances现金与银行结余 | 26,948,780 | 38,143,891 | 43,244,030 | 77,209,151 |
| Fixed deposits placed with licensed banks存放在持牌银行的定期存款 | 25,221,110 | 34,122,100 | 33,412,888 | 703,291 |
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 |
|---|---|---|
| Utilise RM6.8 million of IPO proceeds for construction of a new D&D centre within 84 months of listing在上市起 84 个月内动用 RM6.8 million 的 IPO 所得款项建设新研发中心 | The RM6.8 million remained completely unutilised across the 2024 and 2025 reports, with the timeframe unchanged at 84 months.2024 与 2025 年报显示该 RM6.8 million 仍完全未动用，期限维持在 84 个月。 Source: annual report 2023, page 52; annual report 2024, page 55; annual report 2025, page 57.出处：2023 年年报第 52 页；2024 年年报第 55 页；2025 年年报第 57 页。 | Still unspent仍未动用 |
| Utilise remaining RM4.0 million of subscription placement proceeds for working capital requirements within 60 months在 60 个月内动用认购配售所得款项剩余的 RM4.0 million 作为营运资金需求 | The 2024 and 2025 reports show the allocation of RM24.9 million for working capital requirements was fully utilised.2024 与 2025 年报显示分配用于营运资金需求的 RM24.9 million 已全额动用。 Source: annual report 2023, page 52; annual report 2024, page 55; annual report 2025, page 57.出处：2023 年年报第 52 页；2024 年年报第 55 页；2025 年年报第 57 页。 | Fully utilised已全额动用 |
| Utilise remaining RM2.1 million of subscription proceeds for business and investment opportunities within 60 months在 60 个月内动用认购配售所得款项剩余的 RM2.1 million 用于业务或投资机会 | The unutilised balance remained unchanged at RM2.1 million in both the 2024 and 2025 reports.2024 与 2025 年报中，该项未动用余额均维持在 RM2.1 million 不变。 Source: annual report 2023, page 52; annual report 2024, page 55; annual report 2025, page 57.出处：2023 年年报第 52 页；2024 年年报第 55 页；2025 年年报第 57 页。 | No further spending未有进一步支出 |
| Proposed share buy-back of up to 10% of total issued shares提议回购至多占已发行股份总数 10% 的公司股份 | The company purchased 2,000,000 shares in 2024 at an average of RM0.16 and 21,366,100 shares in 2025 at an average of RM0.103.公司于 2024 年以平均每股 RM0.16 回购 2,000,000 股，并于 2025 年以平均每股 RM0.103 回购 21,366,100 股。 Source: annual report 2023, page 156; annual report 2024, page 124; annual report 2025, page 127.出处：2023 年年报第 156 页；2024 年年报第 124 页；2025 年年报第 127 页。 | Carried out已执行 |
| Recognise RM9,977,679 of contract liabilities within 12 months from the end of the reporting period在报告期末起 12 个月内将 RM9,977,679 的合同负债确认为营业额 | Contract liabilities decreased by RM9,440,254 during 2024, leaving a balance of RM537,425.合同负债在 2024 年减少了 RM9,440,254，结余降至 RM537,425。 Source: annual report 2023, pages 121, 122; annual report 2024, pages 86, 130.出处：2023 年年报第 121、122 页；2024 年年报第 86、130 页。 | Balance fell to RM537,425结余降至 RM537,425 |
What the reports leave open年报留下待看的事
- AFSYS has Pioneer Status until 6 February 2032, but income tax exemption under the incentive fell from RM1,865,830 in 2024 to nil in 2025.AFSYS 的先锋地位有效期至 2032 年 2 月 6 日，但该优惠下的所得税豁免额从 2024 年的 RM1,865,830 降至 2025 年的零。
Source: annual report 2024, page 133; annual report 2025, pages 136, 137.出处：2024 年年报第 133 页；2025 年年报第 136、137 页。
- Goodwill impairment testing lowered assumed revenue growth rates to between 4.00% and 7.00% (from 10.56% to 27.40% in 2024) and raised the discount rate to 12.35% (from 9.10% in 2024).商誉减值测试将假设的年营业额增长率从 2024 年的 10.56% 至 27.40% 下调至 4.00% 至 7.00%，同时将折现率从 2024 年的 9.10% 上调至 12.35%。
Source: annual report 2024, page 120; annual report 2025, page 122.出处：2024 年年报第 120 页；2025 年年报第 122 页。
- The group says its order book has delivery schedules extending into 2027, and that 2025 was a transition phase to diversify its customers beyond consumer electronics.集团表示其订单交付期延伸至 2027 年，并称 2025 年是将客户群拓展至消费电子以外领域的过渡阶段。
Source: annual report 2025, page 18.出处：2025 年年报第 18 页。
- Unutilised proceeds include RM8.1 million from the 2019 IPO and RM2.1 million from the 2022 subscription placement, both following approved timeframe extensions.未动用所得款项包括 2019 年 IPO 的 RM8.1 million 和 2022 年认购配售的 RM2.1 million，两者均已获准延期。
Source: annual report 2025, page 57.出处：2025 年年报第 57 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。