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Hap Seng Consolidated Bhd.

Business Summary

Hap Seng Consolidated Bhd. is an investment holding company, which engages in the businesses of plantations, property investment and development, credit financing and trading of fertilizers, automotive, building materials, and stone quarries. It operates through the following segments: Plantation, Property, Credit Financing, Automotive, Trading and Building Materials. The Plantation segment cultivates oil palm and processes fresh fruit bunches. The Property segment invests and develops properties. The Credit Financing segment provides financial services. The Automotive segment trades motor vehicles, spare parts, and services motor vehicles. The Trading segment trades and distributes fertilizers and agro-chemicals. The Building Materials segment operates stone quarries and asphalt plants; and manufactures bricks. The company was founded on March 24, 1975 and is headquartered in Kuala Lumpur, Malaysia.

Financial Highlights

Dec 2020 MYRUSD
Revenue5,850.32M1,392.20M
Gross Profit978.68M232.89M
Operating income1,239.91M295.06M
Income before tax1,084.93M258.18M
Net income750.17M178.52M
EBITDA1,451.49M345.41M
Diluted EPS----
Dividends Per Share0.250.05
Total Assets17,246.81M4,287.58M
Total liabilities8,589.21M2,135.29M
Total equity7,484.32M1,860.61M
Operating cash flow1,435.99M341.72M
Currency in MYRCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 4,891.71M 5,293.99M 6,246.51M 7,096.06M 5,850.32M
Gross Profit 1,240.10M 1,431.53M 1,468.25M 1,703.87M 978.68M
Operating income 740.72M 906.83M 882.16M 1,170.78M 1,239.91M
Income before tax 1,244.93M 1,375.89M 1,394.17M 1,446.92M 1,084.93M
Net income 1,000.96M 1,098.92M 1,145.60M 1,162.87M 750.17M
EBITDA 864.37M 1,084.30M 1,061.17M 1,388.93M 1,451.49M
Diluted EPS 0.42 0.44 0.46 0.46 --
Dividends Per Share 0.35 0.35 0.35 0.35 0.25
Total Assets 11,795.06M 13,169.32M 15,575.80M 17,431.83M 17,246.81M
Total liabilities 5,672.61M 6,062.12M 7,279.06M 8,812.98M 8,589.21M
Total equity 5,490.67M 6,137.86M 7,025.38M 7,340.16M 7,484.32M
Operating cash flow 652.71M -739.32M -427.65M 420.86M 1,435.99M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 1,180.79M 1,231.29M 1,547.93M 1,712.79M 1,392.20M
Gross Profit 299.34M 332.95M 363.84M 411.26M 232.89M
Operating income 178.80M 210.91M 218.60M 282.59M 295.06M
Income before tax 300.51M 320.01M 345.48M 349.24M 258.18M
Net income 241.61M 255.59M 283.89M 280.68M 178.52M
EBITDA 208.65M 252.19M 262.96M 335.24M 345.41M
Diluted EPS 0.10 0.10 0.11 0.11 --
Dividends Per Share 0.08 0.08 0.08 0.08 0.05
Total Assets 2,629.30M 3,254.09M 3,769.09M 4,261.54M 4,287.58M
Total liabilities 1,264.51M 1,497.92M 1,761.41M 2,154.49M 2,135.29M
Total equity 1,223.95M 1,516.64M 1,700.03M 1,794.44M 1,860.61M
Operating cash flow 157.55M -171.95M -105.97M 101.58M 341.72M

Valuation Measures

Dec 2020
PER28.54
ROA4.32%
ROE10.12%
Operating margin21.19%
Profit margin12.82%

Key executives

  • Managing Director & Executive Director: Ming Foo Lee
  • Group Chief Operating Officer: Harald Uwe Behrend
  • Chief Financial Officer: Siew Loon Au
  • Executive Director & Director-Corporate Affairs: Yee Leng Cheah
  • Chief Executive-Credit Financing Division: Chen Keck Puan

Shareholders

  • Gek Poh (Holdings) Sdn. Bhd. (62.6%)
  • Estate of Lau Gek Poh (13.0%)
  • The Vanguard Group, Inc. (0.7%)
  • Chinchoo Investment Sdn. Bhd. (0.5%)
  • BlackRock Fund Advisors (0.5%)
  • Gan Teng Siew Realty Sdn. Bhd. (0.4%)
  • Key Development Sdn. Bhd. (0.4%)
  • Dimensional Fund Advisors LP (0.4%)
  • Mikdavid Sdn. Bhd. (0.3%)
  • HNG POH GIN (0.3%)

Contact Details

  • Website:http://www.hapseng.com.my
  • Address: Menara Hap Seng, Jalan P. Ramlee, Kuala Lumpur, 50250, Malaysia
  • Phone: +60.3.2172.5228

Related Companies

  • Hap Seng Trading (BM) Sdn. Bhd.
  • Hsc Melbourne Holding Pte Ltd.
  • Aceford Food Industry Sdn. Bhd.
  • Hap Seng Land Development (Puchong) Sdn. Bhd.
  • Hap Seng Building Materials Marketing Pte Ltd.
  • Hap Seng Management Sdn. Bhd.
  • Hap Seng Trucks Distribution Sdn. Bhd.
  • Eighty Illusion Sdn. Bhd.
  • Hap Seng Management Services Sdn. Bhd.
  • Lei Shing Hong Wood Products Ltd.
  • Hap Seng Realty (KL City) Sdn. Bhd.
  • Hap Seng Investment Holdings Pte Ltd.
  • Hap Seng Land Sdn. Bhd.
  • Hap Seng Buildings Materials Holdings Sdn. Bhd.
  • Hap Seng Fertilizers Sdn. Bhd.
  • Hap Seng Auto Sdn. Bhd.
  • Hap Seng Land Development Sdn. Bhd.
  • Capital Chip (M) Sdn. Bhd.
  • Hap Seng Trading Sdn. Bhd.
  • Euro-Asia Food & Beverage (Bermuda) Ltd.
  • Hap Seng (Oil & Transport) Sdn. Bhd.
  • Sasco Sdn. Bhd.
  • Si Khiong Industries Sdn. Bhd.
  • Otentik Sdn Bhd
  • Agritim Corp Sdn Bhd
  • Malaysian Mosaics Sdn Bhd.
  • Hap Seng Plantations Holdings Bhd.

Competitors

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