Banyan Tree Holdings Ltd.
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- Nikkei Asia300 Index falls as Chinese banks decline Feb 27, 2018
- Malaysian shares rise as banks advance, Singapore stocks edge lower Feb 27, 2018 See more articles on Banyan Tree Holdings Ltd.
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.
Business Summary
Financial Highlights
| Dec 2020 | SGD | USD |
| Revenue | 157.83M | 114.42M |
| Gross Profit | 29.68M | 21.52M |
| Operating income | -23.87M | -17.30M |
| Income before tax | -87.88M | -63.71M |
| Net income | -95.83M | -69.47M |
| EBITDA | 2.46M | 1.78M |
| Diluted EPS | -0.11 | -0.08 |
| Dividends Per Share | -- | -- |
| Total Assets | 1,578.71M | 1,194.50M |
| Total liabilities | 951.11M | 719.63M |
| Total equity | 566.23M | 428.43M |
| Operating cash flow | -18.63M | -13.50M |
| Currency in SGD | Currency in USD |
Historical Data
| Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | |
| Revenue | 309.56M | 317.51M | 329.04M | 346.95M | 157.83M |
| Gross Profit | 131.14M | 136.78M | 145.69M | 152.18M | 29.68M |
| Operating income | -2.84M | 17.90M | 16.30M | 35.62M | -23.87M |
| Income before tax | 0.67M | 22.65M | 24.96M | 13.47M | -87.88M |
| Net income | -16.19M | 12.92M | 13.47M | 0.65M | -95.83M |
| EBITDA | 22.21M | 43.01M | 38.67M | 59.33M | 2.46M |
| Diluted EPS | -0.02 | 0.01 | 0.01 | 0.00 | -0.11 |
| Dividends Per Share | 0 | 0.01 | 0.01 | 0 | -- |
| Total Assets | 1,608.22M | 1,679.74M | 1,633.80M | 1,743.86M | 1,578.71M |
| Total liabilities | 867.33M | 902.21M | 914.04M | 996.45M | 951.11M |
| Total equity | 564.48M | 600.62M | 646.12M | 674.23M | 566.23M |
| Operating cash flow | -6.23M | 0.46M | 19.48M | 1.73M | -18.63M |
| Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | |
| Revenue | 224.21M | 230.00M | 243.86M | 254.32M | 114.42M |
| Gross Profit | 94.98M | 99.08M | 107.98M | 111.55M | 21.52M |
| Operating income | -2.06M | 12.97M | 12.08M | 26.11M | -17.30M |
| Income before tax | 0.49M | 16.41M | 18.50M | 9.87M | -63.71M |
| Net income | -11.73M | 9.36M | 9.98M | 0.47M | -69.47M |
| EBITDA | 16.08M | 31.16M | 28.66M | 43.49M | 1.78M |
| Diluted EPS | -0.01 | 0.01 | 0.01 | 0.00 | -0.08 |
| Dividends Per Share | 0 | 0.00 | 0.00 | 0 | -- |
| Total Assets | 1,113.18M | 1,256.91M | 1,198.68M | 1,296.89M | 1,194.50M |
| Total liabilities | 600.35M | 675.10M | 670.61M | 741.05M | 719.63M |
| Total equity | 390.72M | 449.43M | 474.04M | 501.42M | 428.43M |
| Operating cash flow | -4.51M | 0.33M | 14.44M | 1.26M | -13.50M |
Valuation Measures
| Dec 2020 | |
| PER | -- |
| ROA | -5.76% |
| ROE | -15.45% |
| Operating margin | -15.12% |
| Profit margin | -60.72% |
Key executives
- Group Managing Director, Group MD & Executive VP: Hock Lye See
- SVP & Managing Director-Retail Operations: Claire See Ngoh Chiang
- Senior Vice President & Group Chief Designer: Kwon Cjan Ho
- Senior Vice President & MD-Architrave: Dharmali Kusumadi
- Senior Vice President & MD-Spa Operations: Shankar Chandran
Shareholders
- HO FAMILY /SG/ (34.8%)
- Qatar Investment Authority (Investment Company) (17.7%)
- Qatar Holding LLC (6.6%)
- HO KWON CJAN (1.8%)
- Freesia Investments Ltd. (1.1%)
- Li-Ho Holdings Pte Ltd. (1.0%)
- Dimensional Fund Advisors LP (0.6%)
- Nikko Asset Management Asia Ltd. (0.2%)
- ANG KOON SAN SUNNY (0.1%)
- Banyan Tree Holdings Ltd. (0.1%)
Contact Details
- Website:http://www.banyantree.com
- Phone: +65.6849.5888
Related Companies
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- Banyan Tree Resorts Ltd.
- Banyan Tree Indochina Holdings Pte Ltd.
- Banyan Tree Indochina Hospitality Fund LP
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- Maldives Bay Pvt Ltd.
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- Hill View Resorts Holdings Ltd.
- Banyan Tree Anhui (S) Pte Ltd.
- Banyan Tree Global Foundation
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- Banyan Tree Resorts Management Co. Ltd.
- Banyan Tree Gallery Thailand Ltd.
- Banyan Tree Seychelles
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- Banyan Tree China Holdings Pte Ltd.
- Banyan Tree Chengdu Pte Ltd.
- Banyan Tree Jiuzhaigou (S) Pte Ltd.
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- Banyan Tree Hotels & Resorts Pte Ltd.
- Enda Pte Ltd.
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- Banyan Tree 2004-1
- Banyan Tree Resorts & Spas (Thailand) Co. Ltd.
- Laguna Resorts & Hotels Public Co. Ltd.
Competitors
- Hyatt Hotels Corporation Class A
- Dusit Thani Public Co. Ltd.
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Last Updated on 26 Feb, 2021
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