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Consumer Services

Genting Malaysia Bhd.

Business Summary

Genting Malaysia Bhd. engages in the provision of casinos, leisure, and hospitality services. It operates through the following segments: Leisure and Hospitality, Properties, and Investment and Others. The Leisure and Hospitality segment comprises resort activities including gaming, hotels, food and beverage, theme parks, retail, entertainment attractions, tours and travel related services, and other supporting services. The Properties segment focuses on the property developments, property investment, and management. The Investment and Others segment refers to the utilities, reinsurance, yacht charter services, and information technology services. The company was founded on May 7, 1980 and is headquartered in Darul Makmur, Malaysia.

Financial Highlights

Dec 2020 MYRUSD
Revenue4,528.80M1,077.71M
Gross Profit-101M-24.03M
Operating income-804.90M-191.54M
Income before tax-1,852.40M-440.81M
Net income-2,263.80M-538.71M
EBITDA313.80M74.67M
Diluted EPS-0.40-0.09
Dividends Per Share----
Total Assets28,287.10M7,032.21M
Total liabilities13,693.40M3,404.20M
Total equity14,911.80M3,707.09M
Operating cash flow-849.60M-202.17M
Currency in MYRCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 8,931.60M 9,330.30M 9,927.60M 10,406.90M 4,528.80M
Gross Profit 2,482.60M 2,194.80M 2,662.20M 2,494.70M -101M
Operating income 1,501.60M 1,232.70M 1,810.70M 1,522.40M -804.90M
Income before tax 3,090.60M 1,319.80M -4M 1,521M -1,852.40M
Net income 2,880.10M 1,161.30M -19.50M 1,395.30M -2,263.80M
EBITDA 2,302.30M 2,172.60M 2,765.50M 2,593M 313.80M
Diluted EPS 0.50 0.20 -0.00 0.24 -0.40
Dividends Per Share 0.09 0.09 0.11 0.11 --
Total Assets 27,957.90M 30,050.80M 31,965.70M 33,582.30M 28,287.10M
Total liabilities 8,212.50M 10,886M 13,948M 15,309.90M 13,693.40M
Total equity 19,865M 19,323.50M 18,220.70M 18,497.60M 14,911.80M
Operating cash flow 2,368M 2,062.40M 2,487.50M 2,208.40M -849.60M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 2,155.97M 2,170.08M 2,460.14M 2,511.93M 1,077.71M
Gross Profit 599.26M 510.47M 659.71M 602.15M -24.03M
Operating income 362.46M 286.70M 448.70M 367.46M -191.54M
Income before tax 746.03M 306.96M -0.99M 367.12M -440.81M
Net income 695.22M 270.10M -4.83M 336.78M -538.71M
EBITDA 555.74M 505.31M 685.31M 625.87M 74.67M
Diluted EPS 0.12 0.04 -0.00 0.05 -0.09
Dividends Per Share 0.02 0.02 0.02 0.02 --
Total Assets 6,232.25M 7,425.45M 7,735.19M 8,209.82M 7,032.21M
Total liabilities 1,830.69M 2,689.89M 3,375.19M 3,742.79M 3,404.20M
Total equity 4,428.22M 4,774.77M 4,409.12M 4,522.08M 3,707.09M
Operating cash flow 571.60M 479.68M 616.42M 533.04M -202.17M

Valuation Measures

Dec 2020
PER--
ROA-7.31%
ROE-13.55%
Operating margin-17.77%
Profit margin-49.98%

Key executives

  • Deputy Chairman & Chief Executive Officer: Kok Thay Lim
  • President, COO & Executive Director: Choong Yan Lee
  • Chief Financial Officer: Poy Yong Koh
  • Senior Vice President-Information Technology: Way En Yong
  • Senior Vice President–Legal & Compliance: Sook Heng Chim

Shareholders

  • Genting Bhd. (47.0%)
  • Genting Malaysia Bhd. (4.7%)
  • Great Eastern Life Assurance Co. Ltd. (3.4%)
  • AIA Bhd. (1.6%)
  • Eastspring Investments (Singapore) Ltd. (1.4%)
  • The Vanguard Group, Inc. (1.3%)
  • BlackRock Fund Advisors (1.0%)
  • Norges Bank Investment Management (0.6%)
  • JPMorgan Asset Management (Singapore) Ltd. (0.5%)
  • LIM KOK THAY (0.4%)

Contact Details

Related Companies

  • GENM Capital Labuan Ltd.
  • Genting Malta Ltd.
  • Resorts World Genting
  • Genting MZW Pte Ltd.
  • Genting Properties (UK) Pte Ltd.
  • Genting Travel Agency (Shanghai) Co., Ltd.
  • Resorts World Tours Sdn. Bhd.
  • Genting Americas, Inc.
  • Vestplus (Hong Kong) Ltd.
  • GENM Capital Bhd.
  • Genting CSR Sdn. Bhd.
  • BB Investment Holdings Ltd.
  • Genting New York LLC
  • Possible Wealth Sdn. Bhd.
  • Genting (USA) Ltd.
  • Genting Worldwide Ltd.
  • Genting Highlands Tours & Promotion Sdn. Bhd.
  • Oakwood Sdn. Bhd.
  • Ascend International Holdings Ltd.
  • Phoenix Track Sdn. Bhd.
  • Genting Utilities & Services Sdn. Bhd.
  • Lingkaran Cergas Sdn. Bhd.
  • e-Genting Holdings Sdn. Bhd.
  • Stake Excellent Sdn. Bhd.
  • Eastern Wonder Sdn. Bhd.
  • Genting Irama Sdn. Bhd.
  • Sierra Springs Sdn. Bhd.

Competitors

  • LiNiu Technology Group
  • Genting Hong Kong Limited
  • Studio City International Holdings Ltd. Sponsored ADR Class A
Last Updated on 27 Oct, 2021

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