SKP Resources’ balance sheet is still strong, despite the weak Q1 profit.
Balance sheet as at 30 June 2026
Item
RM million
Comment
Total assets
1,312.6
↑ from 1,275.0m
Shareholders’ equity
933.3
Very strong
Total liabilities
341.7
↓ from 384.4m
Cash & bank
63.8
Down from 103.6m
Other investments
227.0
Cash-management funds
Inventory
241.6
↑ significantly
Receivables
286.2
↓ from 340.0m
Borrowings
50.2
Low
Net assets/share
RM0.60
Unchanged
Source: SKP Q1 FY2027 balance sheet. �
SKP%20-%201st%20Qu

below is analysis on the balance sheet. is strong....

https://chatgpt.com/s/t_6a915d8d4c4c81918d65fe2c1b4aa6a7

nick chung. are u better than chat gpt AI?

Wong ..the number u shown above ..

cash less -40 m compare to last qr

oth invest also almost reduce 50m

all go into....
inventory and receivable sky high..

need to pay attention!!!

Yes, agreed. The numbers need closer attention.

Cash is down about RM40m versus the last quarter, while other investments have also fallen by almost RM50m. At the same time, inventory and receivables have increased significantly.

A large portion of the cash movement appears to have been absorbed by working capital. We definitely need to monitor this closely in the next QR, especially whether inventory and receivables can come down and operating cash flow turns positive.

part of 28 august headline.....
nick chung is what???
SKP Resources should attract buyers looking for rebound upside, with a climb above the 100%FR (36sen) to enhance upside potential towards 45sen and the 76.4%FR (52sen) before pausing, while the 123.6%FP (20sen) provides key chart support.