AVANGAAD: Avangaad Berhad - Summary | Jitta

Avangaad Berhad

MAL:AVANGAAD

Price
RM0.30
Loss Chance
46.5%
3.75JITTA SCORE
11.38%Under Jitta Line
Jitta Ranking
24 / 31
661 / 1,001
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (52)
Recent Business Performance (72)
Financial Strength (75)
Return to Shareholders (15)
Competitive Advantage (39)
Jitta Signs
Cash Conversion CycleLess than 30 days
Revenue and EarningEarning loss detected in 2021
Operating MarginInconsistent
Recent Business PerformanceEarning decline 147.75% in the last quarter (yoy)
New Share IssuedMore than 50% in 5 years
CapExVery High
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
3.75
11.38%
3.32
24.11%
Oil and Gas Storage and Transportation
4.36
10.20%
COMPANY DESCRIPTION
Avangaad Berhad owns and operates marine vessels for the transportation and offshore storage of oil and gas in Malaysia. The company offers offshore storage of oil and gas product tankers that are built to transport refined petroleum products to end-users or other refineries for further processing; floating storage unit/ Offloading (FSU/FSO), a support services for production platforms, including the operation of offshore oil and gas storage facilities; and operates offshore supply vessels and fast crew boats that are designed to transport personnel or light cargo between offshore facilities. It also provides various port marine services, including towage services comprising towage or positioning support for vessels lacking in maneuverability; mooring services that secures a marine vessel to specially constructed fixture, such as handling mooring lines; dockside mooring services that secure vessels to floating structures and fixtures at the wharf; escort assistance; environmental monitoring that provides monitoring and reporting support to assist in maintaining compliance with environmental regulations; and support for ship-to-ship transfer services. In addition, the company is involved in marine engineering services, including shipbuilding and repair services, such as hull construction, machinery installation, equipment integration, painting and thorough testing, as well as inspection, modification, and maintenance solutions. Further, it engages in the provision of engineering, procurement, construction, installation and commissioning of floating storage and offloading vessels, as well as marine consultancy and cargo broking services. The company was formerly known as E.A. Technique (M) Berhad and changed its name to Avangaad Berhad in February in 2025. The company was incorporated in 1993 and is headquartered in Kuala Lumpur, Malaysia. Avangaad Berhad operates as a subsidiary of Voultier Sdn Bhd.