Company Analysis

VCI Global Limited (VCIG)

Nasdaq: VCIG · Services-Facilities Support Management Services · Kuala Lumpur · filing with the SEC since 2022
Grade6.3
◀ Past 5.4● Present 6.9▶ Future 6.2
1 est.

The grade of VCI Global Limited

Nine metrics read from its own filings, by tense
Headline grade
6.3/10
◀ Past5.425% of the headline
● Present6.945% of the headline
▶ Future6.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.2/10

Has it survived what it has been through?

3 warning events since 2022; the latest 2026-05-01.

weight 22% of this tense · 32nd percentile among 14 sector filers · read for itself

From the record

VCI Global Limited's filings since 2022 show 3 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2026-05-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.0/10

What has it actually done, year after year?

+141.6% a year over 5 filed years; profitable in 5 of 5.

weight 45% of this tense · 60th percentile among 13 sector filers · read for its customers

From the record

VCI Global Limited's 5 filed years say what it did: revenue went from MYR 4 million in fiscal 2020 to MYR 124 million in fiscal 2024, up 141.6% a year; it rose in 3 of 4 years; the deepest fall was 25% from fiscal 2021 to fiscal 2022; net income was positive in 5 of 5 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span141.6%top 12% of its family
  • the share of years revenue rosebottom 35% of its family
  • the share of filed years with a profittop 19% of its family
  • the deepest fall from a revenue peak25.1%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.1/10

How has it treated the people who own it?

Share count shrank 83.7% a year. 0% of cash flow returned. Insiders: 0 sales, 3 purchases.

weight 33% of this tense · 61st percentile among 9 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2024-12-31, VCI Global Limited's diluted share count shrank about 83.7% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 3 purchases of their own stock on the open market in the year to 2026-10-05, buying about $2 million (their Form 4 filings).

What it rests on

  • the share count over the yearstop 4% of its family
  • cash returned against operating cash flowbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.9/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.8/10

Is it financially healthy right now?

ROE 9%: 9¢ of profit per shareholder dollar. Leverage 6%: owes 6¢ per asset dollar.

weight 33% of this tense · 48th percentile among 13 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, VCI Global Limited earned about 9 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 25 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 6 cents per dollar of assets, and net share issuance: its share count grew 270.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 4% of its family
  • return on equitytop 46% of its family
  • gross profit against assetsbottom 38% of its family
  • the share count against the year beforebottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
9.3/10

How strong is its position in its industry?

top 7% of 14 in its family; net margin 27.2%.

weight 45% of this tense · 93rd percentile among 14 sector filers · read for its customers

From the record

VCI Global Limited's standing among 14 graded names in its industry family: revenue of MYR 124 million in fiscal 2024 is not ranked by size, since the family reports in another currency; a net margin of 27.2% ranks in the top 4%; revenue growth of 37.8% a year over the last 3 filed years ranks in the top 11% (its annual reports).

What it rests on

  • net margin27.2%top 4% of its family
  • three-year revenue growth37.8%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 7 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-03 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 7 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-03 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 7 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: VCI Global Limited's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-03 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 7 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.3/10

How much room does it have to grow?

top 17% of 13 in its family for room to expand.

weight 22% of this tense · 83rd percentile among 13 sector filers · read for itself

From the record

VCI Global Limited's room to grow, from the newest filed statements (fiscal 2024): cash of MYR 36 million against debt of MYR 815 thousand leaves 8.6% of its assets as net cash, top 42% of its family; cash from operations less capital spending is 78.9% of revenue (top 4%); a gross margin of 82.2% (top 4%) (its annual report).

What it rests on

  • cash less debt against assets8.6%top 42% of its family
  • cash from operations less capital spending against revenue78.9%top 4% of its family
  • gross margin82.2%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.7/10

What could actually drive growth from here?

top 43% of 13 in its family for growth drivers.

weight 45% of this tense · 57th percentile among 13 sector filers · read for its customers

From the record

VCI Global Limited's growth drivers, from the filed years to fiscal 2024: revenue grew 37.8% a year over the last three filed years against 141.6% over all 5, slowing (bottom 4% of its family); the newest year grew 36.9% (top 19%); capital spending grew 140.2% a year (top 14%) (its annual reports). VCI Global Limited tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-103.8 points a yearbottom 4% of its family
  • the newest year's revenue growth36.9%top 19% of its family
  • three-year growth of capital spending140.2%top 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.4/10

Did its newest year beat what its own record pointed to?

top 46% of 12 in its family for expectations against reality.

weight 33% of this tense · 54th percentile among 12 sector filers · read for its shareholders

From the record

VCI Global Limited's newest year against its own record: revenue of MYR 124 million in fiscal 2024 came in 1% below the MYR 126 million its prior three years' pace pointed to (bottom 46% of its family); net income of MYR 34 million against a prior three-year average of MYR 24 million (top 12%); a net margin of 27.2% against 45.2% before (bottom 29%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-1.0%bottom 46% of its family
  • net income against the prior three years' average+38%top 12% of its family
  • net margin against its prior average-18.0 pointsbottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton VCIG · research, not advice