Asia300

CapitaLand Ltd.

Singapore

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jul 24, 2017
Prev close: 3.71
Jul 24, 2017
Market cap:
Market cap(USD):
15,857.96M
11,652.43M
Shares: 4,274.38M

Currency in SGD

Company profile

Market(Ticker): SES(C31)
Sector:
Industry:
Finance
Real Estate Development
Full time employees: 8,407

Business summary

CapitaLand Ltd. is an investment holding company, which engages in the provision of consultancy services. It operates through the following business segments: CapitaLand Singapore, CapitaLand China, CapitaLand Mall Asia, Ascott Limited, and Others. The CapitaLand Singapore segment owns and manages commercial properties and develops residential properties in Singapore and Malaysia for sale. The CapitaLand China segment involves residential, commercial and integrated property development. The CapitaLand Mall Asia owns and manages shopping malls in Singapore, China, India, Japan, and Malaysia. The Ascott Limited segment is an international serviced residence owner-operator with operations in key cities of Asia Pacific, Europe, U.S. and the Gulf region. Its brands include Ascott, Somerset and Citadines. The Others segment includes corporate office, group treasury, StorHub, financial services, and other businesses in Vietnam, Indonesia, Japan, and Gulf Cooperation Council countries. The company was founded in November 2000 and is headquartered in Singapore.

Company background

CapitaLand is the largest real estate developer in Southeast Asia. It was established in 2000 through a merger of DBS Land and Pidemco Land, two government-linked real estate developers in Singapore. Temasek Holdings, Singapore's sovereign wealth fund, has a nearly 40% share. CapitaLand is led by President and Group CEO Lim Ming Yan, who took over in early 2013. Lim was CEO of CapitaLand China Holdings from 2000 to 2009, during which time he drove major development in China.

About 80% of CapitaLand's assets are in Singapore and China, where the company plans to expand further. Its strength is developing different types of properties, such as apartments, offices and shopping malls, as a single project. CapitaLand owns and operates The Ascott, the world's largest chain of international serviced apartments. It also has five publicly listed real estate investment trusts and more than a dozen real estates private equity funds under its umbrella. The company recently privatized CapitaMalls Asia and delisted it from the Singapore Exchange as a part of restructuring. It sold its Australian unit Australand Property Group.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 5,343.47M
Gross profit 1,620.08M
Operating income 839.02M
Income before tax 1,199.11M
Net income 1,190.34M
EBITDA 1,360.24M
Diluted EPS 0.26
Dividends per share 0.1
Total assets 45,740.77M
Total liabilities 21,440.29M
Total equity 17,604.84M
Operating cash flow 3,296.47M

Currency in SGD

Revenue 3,870.26M
Gross profit 1,173.42M
Operating income 607.70M
Income before tax 868.51M
Net income 862.16M
EBITDA 985.22M
Diluted EPS 0.19
Dividends per share 0.07
Total assets 31,661.08M
Total liabilities 14,840.65M
Total equity 12,185.81M
Operating cash flow 2,387.62M

Currency in USD

Valuation measures

Dec 2016

PER 10.78
ROA 2.56%
ROE 6.70%
Operating margin 15.70%
Profit margin 22.27%

Key executive

  • President, Group CEO & Executive Director: Ming Yan Lim
  • Group Chief Financial Officer: Cho Pin Lim
  • Chief Corporate Development Officer: Kok Siong Ng
  • Deputy Group Chief Operating Officer: Lit Cheong Chong
  • Group Chief Corporate Officer: Seng Chai Tan

Share holders

  • Temasek Holdings Pte Ltd. (Investment Company)(39.3%)
  • BlackRock Investment Management LLC(5.9%)
  • The Vanguard Group, Inc.(1.6%)
  • Matthews International Capital Management LLC(1.2%)
  • BlackRock Fund Advisors(1.0%)
  • SSgA Funds Management, Inc.(0.8%)
  • Norges Bank Investment Management(0.8%)
  • CapitaLand Ltd.(0.6%)
  • BlackRock Advisors (UK) Ltd.(0.4%)
  • APG Asset Management NV(0.3%)

Address

  • Website: http://www.capitaland.com
  • Address: No. 30-01, Capital Tower, 168 Robinson Road, Singapore, 068912, Singapore
  • Phone: +65.6713.2888

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