ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconFacebook IconIcon FacebookGoogle Plus IconLayer 1InstagramCreated with Sketch.Linkedin IconIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerIcon Opinion QuotePositive ArrowIcon PrintRSS IconIcon SearchSite TitleTitle ChevronTwitter IconIcon TwitterYoutube Icon
Producer Manufacturing

Jardine Matheson Holdings Ltd.

  • 61.56 USD
  • +0.05
  • +0.08%
  • Hong Kong
    Apr 25, 2018
  • Ticker
    SES(J36)
  • Prev. close
    61.51
  • Market cap (USD)
    44,671.77M
  • Shares
    726.25M

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. The company operates through following segments: Jardine Pacific; Jardine Motors; Jardine Lloyd Thompson; Hong Kong Land; Dairy Farm; Madarin Oriental; Jardine Cycle & Carriage; and Astra International. The Jardine Motors segment engages in the sales and service of motor vehicles and related activities. The Jardine Lloyd Thompson segment operates through three key business groups: Risk & Insurance, Employee Benefits and Thistle Insurance Services. The Hong Kong Land segment engages in the property investment, management, and development. This segment also owns and manages commercial space at the Central Business District and develops residential properties throughout the region, primarily in China. The Dairy Farm segment is a Pan-Asian retailer, which operates supermarkets, hypermarkets, health and beauty stores, convenience stores, home furnishings stores, and restaurants. The Madarin Oriental segment engages in the hotel investment and management business that operates deluxe hotels, as well as residences in sought-after city and resort destinations worldwide. Jardine Matheson Holdings was founded on April 9, 1984 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 Director-Finance: John Raymond Witt
  • Executive Director & Group Director-Strategy: Mark Spencer Greenberg
  • Executive Director & Deputy Managing Director: Yiu Kai Pang
  • Executive Director & Group General Counsel: Jeremy Glyn Parr

Shareholders

  • Jardine Strategic Holdings Ltd. (57.6%)
  • The Bank of N.T. Butterfield & Son Ltd. (4.9%)
  • KESWICK FAMILY (4.7%)
  • First Eagle Investment Management LLC (2.0%)
  • KESWICK HENRY NEVILLE LINDLEY (1.5%)
  • KESWICK BENJAMIN WILLIAM (1.2%)
  • The Vanguard Group, Inc. (0.6%)
  • Capital Research & Management Co. (World Investors) (0.6%)
  • BlackRock Fund Advisors (0.5%)
  • Norges Bank Investment Management (0.4%)

Contact Details

Related Companies

  • Jardine Matheson Bermuda Ltd.
  • JMH Treasury Ltd.
  • TJ Engineering Services Ltd.
  • Js Holdings Luxembourg SARL
  • Jardine Pacific Ltd.
  • Jardine Motors Group Ltd.
  • Dairy Farm Management Services Ltd.
  • Jardine Matheson (Malaysia) Sdn. Bhd.
  • Jardine Matheson Australia Pty Ltd.
  • Jardine California Motors Ltd.
  • Jardine Matheson Holdings Investments Ltd.
  • RPG Guardian Pvt Ltd.
  • Culverdale Investments Ltd.
  • Franklins Holdings Ltd.
  • Appleyard Contracts Ltd.
  • Astra Sedaya Finance II
  • Astra Sedaya Finance I
  • Wellcome Taiwan Co. Ltd.
  • Securair Ltd.
  • Taco Aloha, Inc.
  • Jardine OneSolution Holdings Ltd.
  • Jardine Matheson /New Zealand/ Ltd.
  • Jardine Matheson Co. Ltd. (Taiwan)
  • Jardine Matheson (China) Ltd.
  • Yum Restaurants Taiwan Co. Ltd.
  • Jardine Matheson Ltd.
  • Jardine Matheson (Thailand) Ltd.
  • Jardine Onesolution Holdings Sdn. Bhd.
  • Jardine Motors Group Holdings Ltd.
  • Jardine Matheson International Services Ltd.

Competitors

    Last Updated on 25 Apr, 2018

    You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

    Subscribe to get unlimited access to all articles.

    Get unlimited access
    NAR site on phone, device, tablet

    You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

    Subscribe to get unlimited access to all articles.

    3 months for $9

    Get unlimited access
    NAR site on phone, device, tablet

    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 the Nikkei Asian Review 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