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Consumer Services

Astro Malaysia Holdings Bhd.

Company Background

Astro Malaysia Holdings has a near-monopoly on pay-TV, radio, publications and digital media in its home market. More than half of Malaysia's TV-viewing households get the company's 170-plus channels, which are delivered through satellite dishes and over the Internet. Astro's programming includes both domestic and international content in multiple languages, including Chinese, English, Malay and Tamil.

 

Ananda Krishnan, a well-known businessman, owns a majority stake in Astro through his privately held company, Usaha Tegas. Krishnan's business interests span the telecommunications, energy, property and gaming sectors.

 

Astro is currently led by CEO Rohana Rozhan, an accountant who joined the company in the 1990s. The media group is in the process of launching a home shopping channel and broadening its TV programming to reach a wider audience in Southeast Asia.

Business Summary

Astro Malaysia Holdings Bhd. operates as an investment holding company. The firm engages in the provision of television services, radio services, film library licensing, content creation, aggregation and distribution, talent management, multimedia interactive services, digital, media and home shopping services. It operates through the following segments: Television, Radio, Home-Shopping, and Others. The Television segment provides content, creation, aggregation and distribution, magazine publication, and distribution and multimedia interactive services. The Radio segment offers radio broadcasting services. The Home-Shopping segment covers the Go Shop home-shopping business. The company was founded on February 14, 2012 and is headquartered in Kuala Lumpur, Malaysia.

Financial Highlights

Jan 2021 MYRUSD
Revenue4,359.66M1,037.99M
Gross Profit1,619.80M385.66M
Operating income875.47M208.44M
Income before tax692.96M164.98M
Net income539.84M128.53M
EBITDA1,812.39M431.51M
Diluted EPS0.100.02
Dividends Per Share0.080.01
Total Assets5,785.22M1,431.10M
Total liabilities4,636.45M1,146.92M
Total equity1,077.83M266.62M
Operating cash flow1,567.74M373.26M
Currency in MYRCurrency in USD

Historical Data

 Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021
Revenue 5,612.64M 5,530.75M 5,479.04M 4,911.80M 4,359.66M
Gross Profit 2,151.50M 2,260.86M 1,935.65M 1,895.56M 1,619.80M
Operating income 1,085.20M 1,130.12M 976.93M 1,070.80M 875.47M
Income before tax 843.74M 1,074.75M 650.34M 862.59M 692.96M
Net income 623.68M 770.63M 462.92M 655.29M 539.84M
EBITDA 2,176.93M 2,200.70M 2,070.78M 2,138.30M 1,812.39M
Diluted EPS 0.12 0.15 0.08 0.12 0.10
Dividends Per Share 0.12 0.12 0.09 0.07 0.08
Total Assets 6,360.37M 6,914.68M 6,259.55M 6,198.41M 5,785.22M
Total liabilities 5,730.56M 6,261.35M 5,580.65M 5,259.65M 4,636.45M
Total equity 623.41M 653.59M 585.26M 855.80M 1,077.83M
Operating cash flow 1,768.19M 1,822.17M 1,668.85M 1,455.19M 1,567.74M
 Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021
Revenue 1,351.56M 1,299.15M 1,353.06M 1,186.51M 1,037.99M
Gross Profit 518.09M 531.07M 478.01M 457.89M 385.66M
Operating income 261.32M 265.46M 241.25M 258.66M 208.44M
Income before tax 203.17M 252.45M 160.60M 208.37M 164.98M
Net income 150.18M 181.01M 114.31M 158.29M 128.53M
EBITDA 524.22M 516.93M 511.38M 516.53M 431.51M
Diluted EPS 0.02 0.03 0.02 0.03 0.02
Dividends Per Share 0.03 0.02 0.02 0.01 0.01
Total Assets 1,435.91M 1,774.01M 1,528.21M 1,512.54M 1,431.10M
Total liabilities 1,293.72M 1,606.40M 1,362.46M 1,283.46M 1,146.92M
Total equity 140.74M 167.68M 142.88M 208.83M 266.62M
Operating cash flow 425.79M 428.02M 412.12M 351.52M 373.26M

Valuation Measures

Jan 2021
PER8.21
ROA9.00%
ROE55.83%
Operating margin20.08%
Profit margin12.38%

Key executives

  • Group Chief Executive Officer: Poh Hock Tan
  • Group Chief Operating Officer & CEO-TV: Euan Smith
  • Group Chief Financial Officer: Shafiq Abdul Jabbar
  • Chief Technology Officer: Mauro di Pietro Paolo
  • Chief Executive Officer-Go Shop: Yen Wah Lim

Shareholders

  • KRISHNAN TATPARANANDAM ANANDA (41.2%)
  • Khazanah Nasional Bhd. (20.6%)
  • Harapan Terus Sdn. Bhd. (8.6%)
  • Employees Provident Fund (6.9%)
  • Permodalan Nasional Bhd. (6.4%)
  • Kumpulan Wang Persaraan (0.8%)
  • The Vanguard Group, Inc. (0.8%)
  • KOO KOW KIANG (0.5%)
  • Affin Hwang Asset Management Bhd. (0.4%)
  • Schroder Investment Management Ltd. (0.4%)

Contact Details

  • Website:http://corporate.astro.com.my
  • Address: 3rd Floor, Administration Building, All Asia Broadcast Centre, Kuala Lumpur, 57000, Malaysia
  • Phone: +60.3.9543.6688

Related Companies

  • Astro Awani Network Sdn. Bhd.
  • Maestra Broadcast Sdn. Bhd.
  • Astro Radio Sdn. Bhd.
  • Astro (Brunei) Sdn. Bhd.
  • Astro Television Network System Sdn. Bhd.
  • Mbns Multimedia Technologies Sdn. Bhd.
  • Astro Digital Sdn. Bhd.
  • Astro Retail Ventures Sdn. Bhd.
  • Astro Production Services Sdn. Bhd.
  • Astro Sports Marketing Sdn. Bhd.
  • MEASAT Broadcast Network Systems Sdn. Bhd.

Competitors

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