ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconFacebook IconIcon FacebookGoogle Plus IconLayer 1InstagramCreated with Sketch.Linkedin IconIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerIcon Opinion QuotePositive ArrowIcon PrintRSS IconIcon SearchSite TitleTitle ChevronTwitter IconIcon TwitterYoutube Icon
Consumer Durables

DRB-Hicom Bhd.

  • 2.11 MYR
  • +0.02
  • +0.96%
  • Malaysia
    Apr 24, 2018
  • Ticker
    KLS(1619)
  • Prev. close
    2.09
  • Market cap (MYR)
    4,040.46M
  • Market cap (USD)
    1,034.55M
  • Shares
    1,933.23M

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.

Business Summary

DRB-Hicom Bhd. is an investment holding company, which engages in the provision of automotive, services, and property businesses. The company was founded on August 28, 1990 and is headquartered in Shah Alam, Malaysia.

Financial Highlights

Mar 2017 MYRUSD
Revenue12,058.33M2,867.49M
Gross Profit1,491.21M354.61M
Operating income-257.63M-61.26M
Income before tax-471.66M-112.16M
Net income-454.40M-108.05M
EBITDA664.29M157.97M
Diluted EPS-0.23-0.05
Dividends Per Share0.010.00
Total Assets44,190.64M9,985.45M
Total liabilities35,103.97M7,932.20M
Total equity7,363.57M1,663.89M
Operating cash flow48.41M11.51M
Currency in MYRCurrency in USD

Historical Data

 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 13,134.72M 14,200.74M 13,687.83M 12,172.94M 12,058.33M
Gross Profit 2,650.37M 2,666.73M 1,958.20M 1,167.56M 1,491.21M
Operating income 399.81M 498.03M 150.12M -812.69M -257.63M
Income before tax 874.78M 623.92M 200.46M -1,049.19M -471.66M
Net income 575.30M 462.16M 300.19M -992.76M -454.40M
EBITDA 1,170.99M 1,240.75M 826.97M -73.36M 664.29M
Diluted EPS 0.29 0.23 0.15 -0.51 -0.23
Dividends Per Share 0.05 0.06 0.06 0.02 0.01
Total Assets 42,130.49M 40,013.50M 42,640.20M 42,345.96M 44,190.64M
Total liabilities 33,808.21M 31,501.95M 34,110.41M 34,895.37M 35,103.97M
Total equity 7,068.25M 7,311.48M 7,570.49M 6,542.22M 7,363.57M
Operating cash flow 661.74M -1,521.26M 920.42M -221.44M 48.41M
 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 4,246.06M 4,433.45M 4,084.48M 3,005.95M 2,867.49M
Gross Profit 856.78M 832.55M 584.33M 288.31M 354.61M
Operating income 129.24M 155.48M 44.79M -200.68M -61.26M
Income before tax 282.79M 194.78M 59.81M -259.08M -112.16M
Net income 185.97M 144.28M 89.57M -245.15M -108.05M
EBITDA 378.54M 387.36M 246.77M -18.11M 157.97M
Diluted EPS 0.09 0.07 0.04 -0.12 -0.05
Dividends Per Share 0.01 0.01 0.01 0.00 0.00
Total Assets 13,605.93M 12,253.40M 11,513.48M 10,853.76M 9,985.45M
Total liabilities 10,918.27M 9,646.90M 9,210.31M 8,944.09M 7,932.20M
Total equity 2,282.67M 2,239.00M 2,044.14M 1,676.84M 1,663.89M
Operating cash flow 213.92M -474.93M 274.65M -54.68M 11.51M

Valuation Measures

Mar 2017
PER--
ROA-1.05%
ROE-6.53%
Operating margin-2.13%
Profit margin-3.76%

Key executives

  • Group Managing Director & Director: Faisal Albar bin Ali Rethza Albar
  • Head-Group Information Technology: Kim Fatt Cham
  • Group Director-Business Development: Khalid bin Abdol Rahman
  • Deputy Chief Executive Officer: Radzaif bin Mohamed
  • Head-Risk Management: Chee Kong Cheah

Shareholders

  • NOR MOKHTAR SHAH (55.9%)
  • Employees Provident Fund (8.6%)
  • Lembaga Tabung Haji (7.3%)
  • Kumpulan Wang Persaraan (3.4%)
  • Dimensional Fund Advisors LP (1.6%)
  • The Vanguard Group, Inc. (1.5%)
  • Eastspring Investments (Singapore) Ltd. (1.0%)
  • Norges Bank Investment Management (0.9%)
  • Macquarie Bank Ltd. (0.5%)
  • Tai Tak Estates Sdn. Bhd. (0.5%)

Contact Details

  • 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

Related Companies

  • DRB-Hicom Bhd. /2 Subs/
  • Hicom University College Sdn. Bhd.
  • DRB-HICOM Environmental Services Sdn. Bhd.
  • DRB-HICOM Leasing Sdn. Bhd.
  • Media City Ventures Sdn. Bhd.
  • Northern Gateway Infrastructure Sdn. Bhd.
  • Proton City Development Corp. Sdn. Bhd.
  • USF HICOM (Malaysia) Sdn. Bhd.
  • HICOM Diecastings Sdn. Bhd.
  • Hicom Teck See Manufacturing (Malaysia) Sdn. Bhd.
  • Alam Flora Sdn. Bhd.
  • Intrakota Komposit Sdn. Bhd.
  • Desa Puchong Sdn. Bhd.
  • HICOM-YAMAHA Manufacturing (Malaysia) Sdn. Bhd.
  • DRB-HICOM Auto Solutions Sdn. Bhd.
  • Comtrac Sabkar Development Sdn. Bhd.
  • Hicom Automotive Manufacturers (Malaysia) Sdn. Bhd.
  • Automotive Corp. Malaysia Sdn. Bhd.
  • DRB-HICOM Commercial Vehicles Sdn. Bhd.
  • Puspakom Sdn. Bhd.
  • Kenyir Splendour Bhd.
  • Horsedale Development Bhd.
  • Avis Rental Car Systems
  • Pos Malaysia Bhd.
  • Rangkai Positif Sdn. Bhd.
  • Comtrac Sdn. Bhd.
  • HICOM Properties Sdn. Bhd.
  • DRB-HICOM Defence Technologies Sdn. Bhd.
  • Motosikal Dan Enjin Nasional Sdn. Bhd.
  • Suzuki Malaysia Automobile Sdn. Bhd.

Competitors

  • UMW Holdings Bhd
Last Updated on 24 Apr, 2018

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

Get unlimited access
NAR site on phone, device, tablet

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

3 months for $9

Get unlimited access
NAR site on phone, device, tablet

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media