Asia300

Hyflux Ltd.

Singapore

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Apr 21, 2017
Prev close: 0.555
Apr 21, 2017
Market cap:
Market cap(USD):
479.81M
343.35M
Shares: 864.53M

Currency in SGD

Company profile

Market(Ticker): SES(600)
Sector:
Industry:
Producer Manufacturing
Industrial Machinery
Full time employees: 2,800

Business summary

Hyflux Ltd. is engaged in providing water solutions. It offers solutions in the areas of membrane-based desalination, water recycling, wastewater treatment, including membrane bioreactor technology and potable water treatment. The company operates through the following segments: Municipal and Industrial. The Municipal segment supplies innovative water and fluid treatment solutions to municipalities and governments including commissioning, operation and maintenance of a wide range of water treatment and liquid separation plants on turnkey or design-build-own-operate-transfer arrangements. The Industrial segment refers to the liquid separation applications for the manufacturing sector such as the pharmaceutical, biotechnology, food processing and petrochemical oil-related industries. Hyflux was founded by Ooi Lin Lum in 1989 and is headquartered in Singapore.

Company background

Hyflux ranks among the global leaders in water treatment. It has set up water recycling and desalination plants around the world. The business was founded by Olivia Lum, a former chemist at Glaxo Pharmaceutical, in 1989. Under the name Hydrochem, it started as a trading company that sold water systems in its home market of Singapore, along with Malaysia and Indonesia. Ten years later, it began manufacturing its own treatment membranes. Its seawater desalination plants play an integral role in the city-state, where fresh water is scarce.

Today, Lum owns about 30% of Hyflux's stock and holds the posts of executive chairman and group CEO. She remains the driving force behind the company's international expansion. In recent years, Hyflux has been exploring new markets in Latin America and Africa, aiming to build on its presence across Southeast Asia, China, India and the Middle East. In 2014, Hyflux partnered with Mexico's infrastructure bank, Banco Interacciones, to implement water and other projects there. Hyflux also formed a joint venture to develop water treatment plants in Nigeria.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 986.97M
Gross profit 112.52M
Operating income 61.95M
Income before tax 4.46M
Net income -34.94M
EBITDA 123.52M
Diluted EPS -0.07
Dividends per share 0.00
Total assets 3,843.33M
Total liabilities 3,079.59M
Total equity 742.40M
Operating cash flow -372.08M

Currency in SGD

Revenue 714.86M
Gross profit 81.50M
Operating income 44.87M
Income before tax 3.23M
Net income -25.30M
EBITDA 89.46M
Diluted EPS -0.05
Dividends per share 0.00
Total assets 2,660.29M
Total liabilities 2,131.65M
Total equity 513.88M
Operating cash flow -269.49M

Currency in USD

Valuation measures

Dec 2016

PER --
ROA -1.01%
ROE -4.44%
Operating margin 6.27%
Profit margin -3.54%

Key executive

  • Executive Chairman & Group Chief Executive Officer: Ooi Lin Lum
  • Group Chief Operating Officer & Group EVP: Lup Wai Wong
  • Group Chief Financial Officer & Group EVP: Suat Wah Lim
  • Group Senior Vice President-Investment: Nah Tien Liang
  • Group Executive Vice President: Aik Hock Cheong

Share holders

  • LUM OOI LIN /HYFLUX/(30.9%)
  • Hyflux Ltd.(9.1%)
  • Matthews International Capital Management LLC(5.3%)
  • Mondrian Investment Partners Ltd.(4.5%)
  • JGC Corp.(1.7%)
  • MURUGASU DEIRDRE(1.4%)
  • Dimensional Fund Advisors LP(1.4%)
  • The Vanguard Group, Inc.(1.2%)
  • Calvert Research & Management(1.2%)
  • ACTIAM NV(0.7%)

Address

  • Website: http://www.hyflux.com
  • Address: Hyflux Innovation Centre, 80 Bendemeer Road, Singapore, 339949, Singapore
  • Phone: +65.6214.0777

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