Asia300

DRB-Hicom Bhd.

Malaysia

  • 1m
  • 3m
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  • 1y
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Apr 21, 2017
Prev close: 1.32
Apr 21, 2017
Market cap:
Market cap(USD):
2,551.87M
580.10M
Shares: 1,933.24M

Currency in MYR

Company profile

Market(Ticker): KLS(1619)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 60,000

Business summary

DRB-Hicom Bhd. is an investment holding company, which engages in the automotive, services, and property and infrastructure businesses. It operates through the following segments: Automotive, Services, and Property, Asset and Construction. The Automotive segment focuses on manufacturing, assembly, importation, pre-delivery inspection, composite manufacturing, distribution, and sale of motor vehicles, military vehicles, motorcycles, and special purpose vehicles including sale of related spare parts and services. The Services segment offers concession, banking, insurances, postal, integrated logistics and inventory solutions, education, and trading in engineering products and services. The Property, Asset, and Construction segment is involved in property holding, development and construction works, and asset management services. The company was founded on August 28, 1990 and is headquartered in Shah Alam, Malaysia.

Company background

DRB-Hicom counts automaking, services and property development among its many lines of business. It lead Malaysia's efforts to industrialize in the early 1980s, when national car Proton was introduced. The automaker was later spun off.

Proton Holdings was acquired in 2012 by DRB-Hicom. Besides automaking, DRB-Hicom is a contract manufacturer and distributor for Japanese and European brand cars. Proton recently appointed former Prime Minister Mahathir bin Mohamad as chairman in a bid to halt declining market share.

Under its services division, DRB-Hicom owns postal service Pos Malaysia, solid waste management company Alam Flora and commercial vehicle inspection business Puspakom. DRB-Hicom is also involved in township development in the country.

The company is majority owned by Etika Strategi, a private company controlled by tycoon Syed Mokhtar Albukhary. DRB-Hicom is headed by Managing Director Khamil Jamil, a lawyer by training.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 12,172.94M
Gross profit 1,167.56M
Operating income -811.83M
Income before tax -1,048.33M
Net income -991.9M
EBITDA -72.50M
Diluted EPS -0.51
Dividends per share 0.02
Total assets 42,346.80M
Total liabilities 34,895.37M
Total equity 6,543.08M
Operating cash flow -131.56M

Currency in MYR

Revenue 3,005.95M
Gross profit 288.31M
Operating income -200.47M
Income before tax -258.87M
Net income -244.93M
EBITDA -17.90M
Diluted EPS -0.12
Dividends per share 0.00
Total assets 10,853.98M
Total liabilities 8,944.09M
Total equity 1,677.06M
Operating cash flow -32.48M

Currency in USD

Valuation measures

Mar 2016

PER --
ROA -2.33%
ROE -14.05%
Operating margin -6.66%
Profit margin -8.14%

Key executive

  • Group Managing Director: Faisal Albar bin Ali Rethza Albar
  • Chief Operating Officer & Head-Finance: Ahmad Fuaad bin Mohammed Kenali
  • Head-Group Information Technology: Kim Fatt Cham
  • Group Director-Business Development: Khalid bin Abdol Rahman
  • Deputy Chief Executive Officer: Radzaif bin Mohamed

Share holders

  • NOR MOKHTAR SHAH(55.9%)
  • Lembaga Tabung Haji(5.5%)
  • Employees Provident Fund(4.9%)
  • Kumpulan Wang Persaraan(3.9%)
  • Dimensional Fund Advisors LP(1.8%)
  • Norges Bank Investment Management(1.4%)
  • The Vanguard Group, Inc.(1.2%)
  • Tai Tak Estates Sdn. Bhd.(0.5%)
  • LSV Asset Management(0.5%)
  • YAHAYA AHMAD FAMILY(0.4%)

Address

  • Website: http://www.drb-hicom.com
  • Address: Wisma DRB-HICOM, No. 2, Jalan Usahawan U1/8, Shah Alam, 40150, Malaysia
  • Phone: +60.3.2052.8000

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