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Producer Manufacturing

Jardine Matheson Holdings Ltd.

  • 65.50 USD
  • -0.25
  • -0.38%
  • Hong Kong
    Aug 16, 2018
  • Ticker
    SES(J36)
  • Prev. close
    65.75
  • Market cap (USD)
    48,414.70M
  • Shares
    736.34M

Company Background

Jardine Matheson Holdings is a Hong Kong-based conglomerate listed in Singapore, with total assets of more than $66 billion. The company engages in engineering and construction, transport services, property investment and development, retailing, restaurants, luxury hotels, motor vehicles, financial services, heavy equipment, mining, and agribusiness through its subsidiaries. Focused mainly on the Asian region, the company employs more than 390,000 people globally.

Jardine Matheson was founded in China as a trading company in 1832 by Scotland's William Jardine and James Matheson, and has become one of the world's largest conglomerates. The company is majority owned by the Keswick family, descendants of William Jardine's older sister Jean Johnstone. Chairman Henry Keswick has been a director of the company since 1967.

The company's interests include Hongkong Land, Dairy Farm and Mandarin Oriental. Hongkong Land is Asia's leading property developer, operating some 800,000 sq. meter of office and retail property in major cities across the region. Dairy Farm manages retail businesses in Asia under brands such as Ikea, 7-Eleven, Mannings and Wellcome. Mandarin Oriental is an international hotel investment and management company, which operates more than 40 resorts around the world.

Business Summary

Jardine Matheson Holdings Ltd. operates as a diversified business group, which focuses principally on Asia. It operates through following segments: Jardine Pacific; Jardine Motors; Jardine Lloyd Thompson; Hong Kong Land; Dairy Farm; Madarin Oriental; Jardine Cycle and Carriage; Astra; and Corporate and Other Interests. The Jardine Pacific segment focuses on the areas of engineering and construction, airport and transport services, restaurants, and information technology. The Jardine Motors segment includes the sales and service of motor vehicles and related activities. The Jardine Lloyd Thompson segment offers insurance, reinsurance and employee benefits related advice, brokerage, and associated services. The Hong Kong Land segment engages in the property investment, management, and development. The Dairy Farm segment operates supermarkets, hypermarkets, health and beauty stores, convenience stores, home furnishings stores, and restaurants. The Madarin Oriental segment covers the hotel investment and management group. The Jardine Cycle and Carriage segment comprises of motor dealerships, financial services, dairy, cement, engineering, and property. The Astra segment is consist of automotive, financial services, and heavy equipment. The company was founded in 1832 and is headquartered in Hong Kong.

Financial Highlights

Dec 2017 USD
Revenue39,456M39,456M
Gross Profit9,406M9,406M
Operating income2,928M2,928M
Income before tax9,322M9,322M
Net income3,785M3,785M
EBITDA3,869M3,869M
Diluted EPS10.0310.03
Dividends Per Share1.601.60
Total Assets82,814M82,814M
Total liabilities25,044M25,044M
Total equity25,669M25,669M
Operating cash flow4,298M4,298M
Currency in USDCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 39,465M 39,921M 37,007M 37,051M 39,456M
Gross Profit 8,802M 9,346M 8,613M 8,819M 9,406M
Operating income 3,216M 3,373M 3,434M 2,788M 2,928M
Income before tax 3,387M 3,560M 3,653M 6,346M 9,322M
Net income 1,566M 1,710M 1,799M 2,503M 3,785M
EBITDA 4,255M 4,347M 4,364M 3,697M 3,869M
Diluted EPS 4.25 4.61 4.81 6.67 10.03
Dividends Per Share 1.40 1.45 1.45 1.50 1.60
Total Assets 63,835M 66,457M 66,581M 71,523M 82,814M
Total liabilities 21,053M 21,652M 21,081M 21,786M 25,044M
Total equity 18,386M 19,267M 19,886M 21,800M 25,669M
Operating cash flow 4,200M 3,354M 4,089M 3,967M 4,298M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 39,465M 39,921M 37,007M 37,051M 39,456M
Gross Profit 8,802M 9,346M 8,613M 8,819M 9,406M
Operating income 3,216M 3,373M 3,434M 2,788M 2,928M
Income before tax 3,387M 3,560M 3,653M 6,346M 9,322M
Net income 1,566M 1,710M 1,799M 2,503M 3,785M
EBITDA 4,255M 4,347M 4,364M 3,697M 3,869M
Diluted EPS 4.25 4.61 4.81 6.67 10.03
Dividends Per Share 1.40 1.45 1.45 1.50 1.60
Total Assets 63,835M 66,457M 66,581M 71,523M 82,814M
Total liabilities 21,053M 21,652M 21,081M 21,786M 25,044M
Total equity 18,386M 19,267M 19,886M 21,800M 25,669M
Operating cash flow 4,200M 3,354M 4,089M 3,967M 4,298M

Valuation Measures

Dec 2017
PER6.03
ROA4.90%
ROE15.94%
Operating margin7.42%
Profit margin9.59%

Key executives

  • Managing Director & Executive Director: Ben Keswick
  • Executive Director & Group Finance Director: John Raymond Witt
  • Executive Director & Group Strategy Director: Mark Spencer Greenberg
  • Executive Director & Deputy Managing Director: Yiu Kai Pang
  • Executive Director & Group General Counsel: Jeremy Glyn Parr

Shareholders

  • Jardine Strategic Holdings Ltd. (56.8%)
  • 1947 Trust (4.8%)
  • KESWICK FAMILY (4.6%)
  • First Eagle Investment Management LLC (1.8%)
  • KESWICK HENRY NEVILLE LINDLEY (1.5%)
  • KESWICK BENJAMIN WILLIAM (1.2%)
  • The Vanguard Group, Inc. (0.7%)
  • BlackRock Fund Advisors (0.6%)
  • Capital Research & Management Co. (World Investors) (0.5%)
  • Norges Bank Investment Management (0.4%)

Contact Details

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Competitors

    Last Updated on 16 Aug, 2018

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