Asia300

Banyan Tree Holdings Ltd.

Singapore

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Apr 21, 2017
Prev close: 0.535
Apr 21, 2017
Market cap:
Market cap(USD):
407.35M
291.49M
Shares: 761.40M

Currency in SGD

Company profile

Market(Ticker): SES(B58)
Sector:
Industry:
Consumer Services
Hotels/Resorts/Cruiselines
Full time employees: --

Business summary

Banyan Tree Holdings Ltd. operates as an investment holding company. It engages in managing and developing hotels, resorts, spas. The company operates through the following business segments: Hotel Investments, Property Sales, Fee-based and Head Office. The Hotel Investment segment engages in hotel and restaurant operations. The Property Sales segment includes hotel residences, property sales and development project sales. The Fee-based segment comprises the management and operation of hotels, resorts, clubs, funds, spas, galleries, and other related services. The Head Office segment relates to expenses incurred by corporate office. Banyan Tree Holdings was founded by Kwon Ping Ho in 1984 and is headquartered in Singapore.

Company background

Banyan Tree Holdings owns, develops and manages through its subsidiaries resorts, spas, hotels and golf courses in over 10 countries in Asia, the Middle East and Africa. Banyan Tree is run by Ho Kwon Ping, who is the executive chairman and founder of the group. Born in Hong Kong, he was a journalist prior to entering the hotel industry. He is the largest shareholder of Banyan Tree along with his wife, Claire Chiang.

The company was launched in 1994 when it opened its first resort under the flagship Banyan Tree brand in Phuket, Thailand. It also develops residential properties and manages their retail sales. Although a large percentage of Banyan Tree's assets are in Thailand, the company is in the process of diversifying its geography, particularly in China and India. Its resorts have been attracting a growing number of Chinese tourists. The company is also venturing into the serviced apartment business as a core strategy for this expansion. In June 2014, it announced the launch of Cassia, which will focus on developing serviced apartments in Thailand, Sri Lanka, Australia, Japan, the U.S. and several other countries.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 309.56M
Gross profit 131.14M
Operating income -2.84M
Income before tax 0.67M
Net income -16.19M
EBITDA 22.21M
Diluted EPS -0.02
Dividends per share 0
Total assets 1,608.22M
Total liabilities 867.33M
Total equity 564.48M
Operating cash flow -6.23M

Currency in SGD

Revenue 224.21M
Gross profit 94.98M
Operating income -2.06M
Income before tax 0.49M
Net income -11.73M
EBITDA 16.08M
Diluted EPS -0.01
Dividends per share 0
Total assets 1,113.18M
Total liabilities 600.35M
Total equity 390.72M
Operating cash flow -4.51M

Currency in USD

Valuation measures

Dec 2016

PER --
ROA -1.01%
ROE -2.90%
Operating margin -0.92%
Profit margin -5.23%

Key executive

  • Group Chief Financial Officer & Senior VP: Hock Lye See
  • Senior Vice President & Group Chief Designer: Kwon Cjan Ho
  • Senior Vice President & MD-Architrave: Dharmali Kusumadi
  • Senior Vice President & MD-Spa Operations: Shankar Chandran
  • SVP & Managing Director-Retail Operations: See Ngoh Chiang

Share holders

  • HO FAMILY /SG/(38.5%)
  • Qatar Investment Authority (Investment Management)(19.6%)
  • Qatar Holding LLC(7.3%)
  • Platinum Enterprise Ltd. (SG)(4.0%)
  • China Asset Management Co., Ltd.(3.9%)
  • HO KWON CJAN(2.1%)
  • Freesia Investments Ltd.(1.3%)
  • Alpine Woods Capital Investors LLC(0.9%)
  • LEE FAMILY /OCBC/(0.2%)
  • Dimensional Fund Advisors LP(0.2%)

Address

  • Website: http://www.banyantree.com
  • Address: 211 Upper Bukit Timah Road, Singapore, 588182, Singapore
  • Phone: +65.6849.5888

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