Asia300

Sembcorp Industries Ltd.

Singapore

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 3.13
Mar 23, 2017
Market cap:
Market cap(USD):
5,595.02M
3,994.64M
Shares: 1,787.54M

Currency in SGD

Company profile

Market(Ticker): SES(U96)
Sector:
Industry:
Utilities
Electric Utilities
Full time employees: --

Business summary

Sembcorp Industries Ltd. is an investment holding company, which engages in the production and supply of utilities services, terminalling, and storage of petroleum products and chemicals. It operates through the following segments: Utilities, Marine, Urban Development, and Others/Corporate. The Utilities segment involves in providing energy, water, on-site logistics, and solid waste management services to industrial and municipal customers. The Marine segment offers solutions in the repair, building, and conversion of ships and rigs. The Urban Development segment includes owning, developing, marketing, and managing industrial parks as well as business, commercial, and residential properties. The Others/Corporate segment comprises of in minting, design, construction, and offshore engineering activities. The company was founded on May 20, 1998 and is headquartered in Singapore.

Company background

One of Singapore's biggest conglomerates, Sembcorp Industries has three core businesses: marine, utility and urban development. The marine and offshore business is conducted by publicly-listed subsidiary Sembcorp Marine, whose jack-up rigs and other platforms are used in major offshore oil production sites all over the world. At the west tip of Singapore, a major development to consolidate all existing shipyards to form one large-scale facility, dubbed Sembmarine Integrated Yard @ Tuas, is underway.

In the urban development business, Sembcorp is playing a key role in several government-led industrial park development projects in Vietnam and China. The utility business, which ranges from gas to power generation to water processing, was accelerated by current Group President and CEO Tang Kin Fei. Joining Sembawang Corp., the predecessor to Sembcorp, in 1987, Tang reached the top post in 2005. With Tang at the helm, the company won the bid for a water desalination and power plant project in the United Arab Emirates in 2006, its first key project in the Middle East in this area. Temasek Holdings is the largest shareholder of the company, with about 50% ownership.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 7,907.04M
Gross profit 1,086.30M
Operating income 751.51M
Income before tax 412.31M
Net income 355.87M
EBITDA 1,205.22M
Diluted EPS 0.19
Dividends per share 0.08
Total assets 22,290.23M
Total liabilities 14,930.61M
Total equity 5,898.32M
Operating cash flow 549.60M

Currency in SGD

Revenue 5,727.05M
Gross profit 786.81M
Operating income 544.31M
Income before tax 298.64M
Net income 257.76M
EBITDA 872.94M
Diluted EPS 0.14
Dividends per share 0.05
Total assets 15,428.97M
Total liabilities 10,334.75M
Total equity 4,082.73M
Operating cash flow 398.07M

Currency in USD

Valuation measures

Dec 2016

PER 14.30
ROA 1.68%
ROE 6.17%
Operating margin 9.50%
Profit margin 4.50%

Key executive

  • Group President, CEO & Executive Director: Kin Fei Tang
  • Group Chief Financial Officer: Chiap Khiong Koh
  • Chief Technology Officer: Keng Boon Siah
  • EVP & Head-Group Asset Management, Utilities: Meng Poh Ng
  • EVP, Head-Group Business Development & Commercial: Cheng Guan Tan

Share holders

  • Temasek Holdings Pte Ltd. (Investment Company)(49.2%)
  • Mondrian Investment Partners Ltd.(4.9%)
  • Norges Bank Investment Management(1.1%)
  • The Vanguard Group, Inc.(1.0%)
  • BlackRock Fund Advisors(0.7%)
  • Dimensional Fund Advisors LP(0.7%)
  • T. Rowe Price Associates, Inc.(0.5%)
  • TANG KIN FEI(0.3%)
  • Manulife Asset Management (US) LLC(0.2%)
  • TD Asset Management, Inc.(0.2%)

Address

  • Website: http://www.sembcorp.com
  • Address: 30 Hill Street, No. 05-04, Singapore, 179360, Singapore
  • Phone: +65.6723.3113

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.