ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Consumer Services

Genting Singapore Ltd.

Business Summary

Genting Singapore Ltd. is an investment holding company, which engages in the development and operation of resorts and casinos. It operates through the Leisure and Hospitality; and Investments segments. The Leisure and Hospitality segment focuses on e integrated resort in Singapore and other hospitality and support services. The company was founded on August 16, 1984 and is headquartered in Singapore.

Financial Highlights

Dec 2020 SGDUSD
Revenue1,063.74M771.17M
Gross Profit231.85M168.08M
Operating income83.62M60.62M
Income before tax111.73M81.00M
Net income69.24M50.19M
EBITDA386.03M279.86M
Diluted EPS0.000.00
Dividends Per Share0.010.00
Total Assets8,787.55M6,648.92M
Total liabilities951.99M720.30M
Total equity7,835.56M5,928.61M
Operating cash flow243.45M176.49M
Currency in SGDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 1,948.38M 2,108.08M 2,539.23M 2,480.34M 1,063.74M
Gross Profit 689.49M 1,074.85M 1,211.89M 1,130.14M 231.85M
Operating income 475.28M 963.66M 907.76M 773.53M 83.62M
Income before tax 502.85M 856.64M 939.27M 842.91M 111.73M
Net income 266.34M 601M 755.39M 688.60M 69.24M
EBITDA 771.98M 1,246.57M 1,223.28M 1,163.33M 386.03M
Diluted EPS 0.02 0.04 0.06 0.05 0.00
Dividends Per Share 0.03 0.03 0.03 0.04 0.01
Total Assets 11,446.30M 9,606.82M 9,767.14M 9,250.07M 8,787.55M
Total liabilities 4,224.37M 2,165.26M 1,985.79M 1,192.48M 951.99M
Total equity 7,221.93M 7,441.55M 7,781.34M 8,057.58M 7,835.56M
Operating cash flow 1,012.37M 1,113.04M 1,119.55M 1,073.35M 243.45M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 1,411.20M 1,527.07M 1,881.88M 1,818.16M 771.17M
Gross Profit 499.40M 778.60M 898.16M 828.43M 168.08M
Operating income 344.24M 698.06M 672.76M 567.02M 60.62M
Income before tax 364.21M 620.53M 696.12M 617.88M 81.00M
Net income 192.91M 435.35M 559.83M 504.76M 50.19M
EBITDA 559.14M 903.00M 906.60M 852.76M 279.86M
Diluted EPS 0.01 0.03 0.04 0.04 0.00
Dividends Per Share 0.02 0.02 0.02 0.02 0.00
Total Assets 7,922.96M 7,188.58M 7,165.91M 6,879.17M 6,648.92M
Total liabilities 2,924.04M 1,620.22M 1,456.92M 886.83M 720.30M
Total equity 4,998.91M 5,568.36M 5,708.98M 5,992.33M 5,928.61M
Operating cash flow 733.26M 806.27M 829.72M 786.80M 176.49M

Valuation Measures

Dec 2020
PER149.12
ROA0.76%
ROE0.87%
Operating margin7.86%
Profit margin6.50%

Key executives

  • President, COO & Non-Independent Director: Hee Teck Tan
  • Chief Financial Officer: Shi Ruh Lee
  • Chief Corporate Officer: Nanami Kasasaki
  • Secretary: Lan Hing Liew

Shareholders

  • Genting Bhd. (52.5%)
  • The Vanguard Group, Inc. (1.1%)
  • Schroder Investment Management Ltd. (1.0%)
  • BlackRock Fund Advisors (0.9%)
  • Norges Bank Investment Management (0.8%)
  • Invesco Asset Management Ltd. (0.4%)
  • Principal Global Investors LLC (0.2%)
  • State Street Global Advisors Singapore Ltd. (0.2%)
  • Geode Capital Management LLC (0.2%)
  • Jupiter Asset Management Ltd. (0.2%)

Contact Details

Related Companies

  • GSHK Capital Ltd.
  • Happy Bay Pte Ltd.
  • Landing Jeju & Happy Bay Pte Ltd.
  • Genting International Resorts Management Ltd.
  • Algona Pte Ltd.
  • Legold Pte Ltd.
  • Genting International Management Services Pte Ltd.
  • Genting International (Singapore) Pte. Ltd.
  • Grand Knight International Ltd.
  • Greenfield Resources Capital Ltd.
  • Goldnature Investments Ltd.
  • Adriana Ltd.
  • Genting Integrated Resorts Operations Management Pte Ltd.
  • Genting Singapore Aviation II
  • Genting Singapore Aviation
  • Infinity At TheBay Sdn. Bhd.
  • Equarius Resort Sdn. Bhd.
  • Genting International Services Singapore Pte Ltd.
  • Star Eagle Holdings Ltd.
  • Genting Star (Macau) Ltd.
  • Genting Star Ltd.
  • Geremi Ltd.
  • Genting International Corp.
  • Sedby Ltd.
  • Palomino World UK Ltd.
  • Palomino Sun (UK) Ltd.
  • Palomino Sun Ltd.
  • Palomino Holdings Ltd.
  • Prime Holdings (Labuan) Ltd.
  • Genting (NSW) Pty Ltd.

Competitors

  • Las Vegas Sands Corp.
  • Genting Hong Kong Limited
  • Melco Resorts & Entertainment Limited Sponsored ADR
  • Studio City International Holdings Ltd. Sponsored ADR Class A
Last Updated on 24 Sep, 2021

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

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 Nikkei Asia 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

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more