OverviewSuggest Edit

Top Glove Corporation is a manufacturer of disposable rubber gloves. The company provides a range of products in the healthcare and non-healthcare segment, including hand protection, sexual wellness, and dental care categories. It also offers face masks, latex tourniquets, exercise bands, and latex sheets.
TypePublic
Founded1991
HQShah Alam, MY
Websitetopglove.com

Latest Updates

Employees (est.) (Sept 2020)20,000(+15%)
Job Openings99
Revenue (FY, 2021)RM16.4 B(+127%)
Share Price (May 2022)RM1.5
Cybersecurity ratingBMore
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Key People/Management at Top Glove

Tenure Policy

Tenure Policy

Independent Director

Top Glove Office Locations

Top Glove has offices in Shah Alam, Klang, Duisburg, Neu-Ulm and in 1 other location
Shah Alam, MY (HQ)
Level 21, Top Glove Tower, 16, Persiaran Setia Dagang, Setia Alam, Seksyen U13
Klang, MY
Jalan Teratai, Meru
Duisburg, DE
Bliersheimer Str. 80a
Neu-Ulm, DE
Pfaffenweg 35
Lai Uyen, VN
Land Lot A_8B_CN, Bau Bang Industrial Park
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Top Glove Financials and Metrics

Top Glove Revenue

Top Glove's revenue was reported to be RM16.36 b in FY, 2021
MYR

Revenue (Q2, 2022)

1.4b

Gross profit (Q2, 2022)

1.5b

Net income (Q2, 2022)

102.3m

EBITDA (Q2, 2022)

196.5m

EBIT (Q2, 2022)

110.7m

Market capitalization (18-May-2022)

1.8b

Closing stock price (18-May-2022)

1.5

Cash (28-Feb-2022)

562.5m

EV

1.7b
Top Glove's current market capitalization is RM1.8 b.
Annual
MYRFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

4.2b4.8b7.2b16.4b

Cost of goods sold

(3.2b)(3.7b)(4.1b)(5.0b)

Gross profit

1.0b1.1b3.1b11.5b
Quarterly
MYRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

1.3b1.2b1.2b1.2b1.2b1.7b4.8b5.4b4.2b1.6b1.4b

Gross profit

1.3b1.2b1.2b1.2b1.2b1.7b4.8b5.4b4.2b1.6b1.5b
Annual
MYRFY, 2018FY, 2019FY, 2020FY, 2021

Cash

165.2m165.8m1.2b878.4m

Accounts Receivable

618.1m562.8m771.1m541.3m

Prepaid Expenses

105.3m63.5m74.9m124.0m

Inventories

505.9m629.9m530.7m1.1b
Quarterly
MYRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

202.2m174.4m200.5m154.2m854.9m347.8m1.2b2.4b1.0b894.9m562.5m

Accounts Receivable

641.2m591.6m587.0m637.5m630.3m710.5m993.4m1.9b1.1b344.7m396.2m

Prepaid Expenses

172.3m201.9m

Inventories

502.0m533.0m578.7m603.1m618.6m515.4m652.0m856.8m1.2b997.0m879.5m
Annual
MYRFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

522.8m423.6m2.2b10.0b

Depreciation and Amortization

146.7m194.9m241.0m300.4m

Inventories

(107.6m)(124.0m)100.1m(727.2m)

Accounts Payable

(34.7m)(6.0m)318.1m(112.8m)
Quarterly
MYRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

141.9m267.3m349.6m125.5m255.8m677.8m3.1b6.8b9.4b258.8m371.1m

Depreciation and Amortization

47.7m95.1m145.7m54.4m110.6m169.9m70.7m151.1m230.6m83.6m169.5m
MYRFY, 2018

Revenue/Employee

245.0k
Show all financial metrics

Top Glove Revenue Breakdown

Embed Graph

Top Glove revenue breakdown by business segment: 100.0% from MANUFACTURE OF RUBBER GLOVE

Top Glove Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Top Glove Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Top Glove Online and Social Media Presence

Embed Graph

Top Glove News and Updates

Global Medical Gloves Market Report 2022: Market to Reach $29.8 Billion by 2026 - Top Glove is the Largest Rubber Glove Manufacturer

Dublin, May 13, 2022 (GLOBE NEWSWIRE) -- The "Medical Gloves - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Medical Gloves Market to Reach US$29.8 Billion by the Year 2026

Worldwide Disposable Gloves Industry to 2031 - Featuring Top Glove, Ansell and Hartalega Holdings Berhad Among Others

Dublin, April 19, 2022 (GLOBE NEWSWIRE) -- The "Disposable Gloves Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering. The latest study analyzes the historical and present-day scenario of the global dis…

Insights on the Surgical Gloves Global Market to 2027 - Featuring Top Glove, Ansell and 3M Among Others

DUBLIN, Feb. 4, 2022 /PRNewswire/ -- The "Global Surgical Gloves Market By Type (Nitrile, Latex, Neoprene, Others), By Origin, By Distribution Channel (Distributors/Wholesalers, Direct Sales, Drug Stores/Pharmacies, Online Stores, Others), By Form, By Application, By Region, Competition...

Top Glove Jumps 30% as Omicron Variant Concerns Boost Outlook

Top Glove Jumps 30% as Omicron Variant Concerns Boost Outlook

Top Glove Expects ‘Headwinds’ as Speedy Vaccination Damps Prices

Top Glove Expects ‘Headwinds’ as Speedy Vaccination Damps Prices

Malaysian Billionaire Lim Wee Chai’s Top Glove Fourth-Quarter Profit Slumps Amid Softer Demand

Top Glove—controlled by billionaire Lim Wee Chai—said Friday profit for the fourth-quarter slumped 48% as sales of rubber gloves declined following a temporary ban in the U.S. amid allegations of forced labour at its factories.
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Top Glove Frequently Asked Questions

  • When was Top Glove founded?

    Top Glove was founded in 1991.

  • Who are Top Glove key executives?

    Top Glove's key executives are Tenure Policy.

  • How many employees does Top Glove have?

    Top Glove has 20,000 employees.

  • What is Top Glove revenue?

    Latest Top Glove annual revenue is RM16.4 b.

  • What is Top Glove revenue per employee?

    Latest Top Glove revenue per employee is RM818.1 k.

  • Who are Top Glove competitors?

    Competitors of Top Glove include Torrington Brush Works, AXG Industries and Barber Healthcare.

  • Where is Top Glove headquarters?

    Top Glove headquarters is located at Level 21, Top Glove Tower, 16, Persiaran Setia Dagang, Setia Alam, Seksyen U13, Shah Alam.

  • Where are Top Glove offices?

    Top Glove has offices in Shah Alam, Klang, Duisburg, Neu-Ulm and in 1 other location.

  • How many offices does Top Glove have?

    Top Glove has 7 offices.