SPMXF — Stock Film
STOCK FILMSCENE 1/11SPMXF · $0.15
Stock Expert AI presents
SPMXF
Supermax Corporation Berhad
~4 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Supermax Corporation Berhad. What it actually does.

Manufactures natural rubber and nitrile latex medical gloves. Produces and distributes contact lenses. Now — the numbers.

on the stock market since 2013
1,624 employees
$458.6M market value
Revenue last year:
$180.1M
The loss that same year:
$37.6M
For every $1 it earns, the company spends $1.2.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales have been shrinking.

An average decline of 28% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$659.2M
2022
2023
2024
2025
$180.1M
2026
In the vault right now:
$149.6M
DEBT: $52.4M
At this pace, that money lasts about 4 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
2.5×

This company is not turning a profit, so the market is pricing its sales instead: 2.5× for every dollar of annual revenue.

No analyst target is on record for this company.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 2 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
A strong cash pile8/10
WEAK SPOTS
The stock has lost its spark0/10
THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 91% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/2
Strong cash, light debt

There is $149.6M in the vault; even if every debt were paid off, $97.2M would remain.

2
THE BRIGHT SIDE · 2/2
Pays a steady dividend

It pays out $0.01 per share each year — regular cash for whoever holds the stock.

1
THE RISKS · 1/2
Running at a loss

A loss of $37.6M against $180.1M in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/2
Trading under $1

The stock sits at $0.15. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

FINALE · THE GRADE
grade pending

We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film