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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 2019 MYRUSD
Revenue7,096.06M1,712.79M
Gross Profit1,703.87M411.26M
Operating income1,170.78M282.59M
Income before tax1,446.92M349.24M
Net income1,162.87M280.68M
EBITDA1,388.93M335.24M
Diluted EPS0.460.11
Dividends Per Share0.350.08
Total Assets17,431.83M4,261.54M
Total liabilities8,812.98M2,154.49M
Total equity7,340.16M1,794.44M
Operating cash flow420.86M101.58M
Currency in MYRCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 4,393.33M 4,891.71M 5,293.99M 6,246.51M 7,096.06M
Gross Profit 1,052.10M 1,240.10M 1,431.53M 1,468.25M 1,703.87M
Operating income 639.29M 740.72M 906.83M 882.16M 1,170.78M
Income before tax 1,117.59M 1,244.93M 1,375.89M 1,394.17M 1,446.92M
Net income 908.47M 1,000.96M 1,098.92M 1,145.60M 1,162.87M
EBITDA 743.03M 864.37M 1,084.30M 1,061.17M 1,388.93M
Diluted EPS 0.39 0.42 0.44 0.46 0.46
Dividends Per Share 0.30 0.35 0.35 0.35 0.35
Total Assets 10,070.41M 11,795.06M 13,169.32M 15,575.80M 17,431.83M
Total liabilities 5,229.01M 5,672.61M 6,062.12M 7,279.06M 8,812.98M
Total equity 4,242.64M 5,490.67M 6,137.86M 7,025.38M 7,340.16M
Operating cash flow -430.93M 652.71M -739.32M -427.65M 420.86M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 1,123.71M 1,180.79M 1,231.29M 1,547.93M 1,712.79M
Gross Profit 269.10M 299.34M 332.95M 363.84M 411.26M
Operating income 163.51M 178.80M 210.91M 218.60M 282.59M
Income before tax 285.85M 300.51M 320.01M 345.48M 349.24M
Net income 232.36M 241.61M 255.59M 283.89M 280.68M
EBITDA 190.04M 208.65M 252.19M 262.96M 335.24M
Diluted EPS 0.10 0.10 0.10 0.11 0.11
Dividends Per Share 0.07 0.08 0.08 0.08 0.08
Total Assets 2,345.50M 2,629.30M 3,254.09M 3,769.09M 4,261.54M
Total liabilities 1,217.89M 1,264.51M 1,497.92M 1,761.41M 2,154.49M
Total equity 988.15M 1,223.95M 1,516.64M 1,700.03M 1,794.44M
Operating cash flow -110.22M 157.55M -171.95M -105.97M 101.58M

Valuation Measures

Dec 2019
PER21.36
ROA7.04%
ROE16.18%
Operating margin16.49%
Profit margin16.38%

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. (0.8%)
  • BlackRock Fund Advisors (0.6%)
  • Chinchoo Investment Sdn. Bhd. (0.5%)
  • Gan Teng Siew Realty Sdn. Bhd. (0.4%)
  • Dimensional Fund Advisors LP (0.4%)
  • Key Development Sdn. Bhd. (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.
  • Hafary Holdings Limited
  • 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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