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Sembcorp Industries Ltd.
- 3.14 SGD
- +0.10
- +3.29%
Singapore
Apr 26, 2018Ticker
SES(U96)Prev. close
3.04Market cap (SGD)
5,434.14MMarket cap (USD)
4,096.58MShares
1,787.54M
In the news
- Nikkei Asia300 Index extends losses with US 10-year bond yields above 3% Apr 26, 2018
- Singapore, Malaysia shares hold steady Apr 26, 2018
- Singapore, Malaysia shares decline on US bond yield jitters Apr 25, 2018
- Singapore ekes out gains, Malaysia falls as caution looms Apr 23, 2018
- Malaysia shares rise, Singapore equities fall after Fed outcome Mar 22, 2018 See more articles on Sembcorp Industries Ltd.
Company Background
One of Singapore's biggest conglomerates, Sembcorp Industries has three core businesses: marine, utility and urban development. The marine and offshore business is conducted by publicly-listed subsidiary Sembcorp Marine, whose jack-up rigs and other platforms are used in major offshore oil production sites all over the world. At the west tip of Singapore, a major development to consolidate all existing shipyards to form one large-scale facility, dubbed Sembmarine Integrated Yard @ Tuas, is underway.
In the urban development business, Sembcorp is playing a key role in several government-led industrial park development projects in Vietnam and China. The utility business, which ranges from gas to power generation to water processing, was accelerated by current Group President and CEO Tang Kin Fei. Joining Sembawang Corp., the predecessor to Sembcorp, in 1987, Tang reached the top post in 2005. With Tang at the helm, the company won the bid for a water desalination and power plant project in the United Arab Emirates in 2006, its first key project in the Middle East in this area. Temasek Holdings is the largest shareholder of the company, with about 50% ownership.
Business Summary
Financial Highlights
| Dec 2017 | SGD | USD |
| Revenue | 8,345.60M | 6,045.44M |
| Gross Profit | 962.82M | 697.45M |
| Operating income | 546.98M | 396.22M |
| Income before tax | 148.04M | 107.24M |
| Net income | 187.88M | 136.10M |
| EBITDA | 1,123.05M | 813.52M |
| Diluted EPS | 0.10 | 0.07 |
| Dividends Per Share | 0.05 | 0.03 |
| Total Assets | 23,213.17M | 17,369.93M |
| Total liabilities | 15,997.50M | 11,970.59M |
| Total equity | 5,966.08M | 4,464.29M |
| Operating cash flow | 430.75M | 312.03M |
| Currency in SGD | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 10,797.62M | 10,894.66M | 9,544.62M | 7,907.04M | 8,345.60M |
| Gross Profit | 1,348.01M | 1,411.12M | 799.00M | 1,088.19M | 962.82M |
| Operating income | 1,008.97M | 1,069.21M | 279.90M | 739.10M | 546.98M |
| Income before tax | 1,059.33M | 1,088.17M | 420.15M | 412.31M | 148.04M |
| Net income | 816.22M | 791.50M | 520.91M | 355.87M | 187.88M |
| EBITDA | 1,312.26M | 1,384.04M | 684.86M | 1,198.67M | 1,123.05M |
| Diluted EPS | 0.45 | 0.43 | 0.28 | 0.19 | 0.10 |
| Dividends Per Share | 0.15 | 0.16 | 0.11 | 0.08 | 0.05 |
| Total Assets | 13,753.88M | 17,176.39M | 19,915.49M | 22,290.23M | 23,213.17M |
| Total liabilities | 7,422.11M | 10,142.27M | 12,671.88M | 14,928.63M | 15,997.50M |
| Total equity | 5,027.47M | 5,413.56M | 5,630.37M | 5,898.32M | 5,966.08M |
| Operating cash flow | 1,458.63M | -8.04M | -861.16M | 549.60M | 430.75M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 8,628.95M | 8,598.85M | 6,940.23M | 5,727.05M | 6,045.44M |
| Gross Profit | 1,077.26M | 1,113.76M | 580.98M | 788.17M | 697.45M |
| Operating income | 806.32M | 843.90M | 203.52M | 535.33M | 396.22M |
| Income before tax | 846.57M | 858.86M | 305.50M | 298.64M | 107.24M |
| Net income | 652.29M | 624.70M | 378.77M | 257.76M | 136.10M |
| EBITDA | 1,048.69M | 1,092.39M | 497.98M | 868.19M | 813.52M |
| Diluted EPS | 0.36 | 0.34 | 0.21 | 0.14 | 0.07 |
| Dividends Per Share | 0.11 | 0.12 | 0.07 | 0.05 | 0.03 |
| Total Assets | 10,893.30M | 12,962.33M | 14,038.34M | 15,428.97M | 17,369.93M |
| Total liabilities | 5,878.43M | 7,653.96M | 8,932.35M | 10,333.37M | 11,970.59M |
| Total equity | 3,981.84M | 4,085.40M | 3,968.82M | 4,082.73M | 4,464.29M |
| Operating cash flow | 1,165.67M | -6.34M | -626.18M | 398.07M | 312.03M |
Valuation Measures
| Dec 2017 | |
| PER | 28.82 |
| ROA | 0.82% |
| ROE | 3.16% |
| Operating margin | 6.55% |
| Profit margin | 2.25% |
Key executives
- Group President & Chief Executive Officer: Neil Garry McGregor
- Group Chief Financial Officer: Chiap Khiong Koh
- Chief Technology Officer: Keng Boon Siah
- Senior Vice President-Group Information Technology: Jasmine Teo
- EVP & Head-Group Asset Management, Utilities: Meng Poh Ng
Shareholders
- Temasek Holdings Pte Ltd. (Investment Company) (49.2%)
- The Vanguard Group, Inc. (1.2%)
- Norges Bank Investment Management (1.1%)
- BlackRock Fund Advisors (1.0%)
- M&G Investment Management Ltd. (0.9%)
- Dimensional Fund Advisors LP (0.8%)
- T. Rowe Price Associates, Inc. (0.4%)
- TANG KIN FEI (0.3%)
- TD Asset Management, Inc. (0.2%)
- Manulife Asset Management (US) LLC (0.2%)
Contact Details
- Website:http://www.sembcorp.com
- Address: 30 Hill Street, No. 05-04, Singapore, 179360, Singapore
- Phone: +65.6723.3113
Related Companies
- Sembcorp India Pvt Ltd.
- Singapore Intelligent Eco Island Development Pte Ltd.
- Sembcorp Green Infra Ltd.
- Sembcorp Utilities (Netherlands) NV
- China Water Co. Yancheng Ltd.
- Sembcorp Holdings Ltd.
- Sembcorp Development Indonesia Pte Ltd.
- Pulau Holdings Pte Ltd.
- Sembcorp Gulf O&M Co. Ltd. FFZ
- Sembcorp Energy India Limited
- Sembcorp Development Ltd.
- SembCorp Financial Services Pte Ltd.
- Sembcorp Construction Pte Ltd.
- Sembawang Corp. Ltd.
- Sembawang Nominees Pte Ltd.
- Sembcorp Energy (Kwinana) Pte Ltd.
- Sembcorp Parks Holdings Ltd.
- Singapore-Wuxi Investment Holdings Pte Ltd.
- SembCorp Waste Management Pte Ltd
- Sembcorp Environment Pte Ltd.
- Simon Carves Ltd.
- SembCorp Utilities Pte Ltd.
- SembCorp Ventures Pte Ltd.
- Sembcorp Marine Ltd.
Competitors
- Veolia Environnement SA
- Huaneng Power International, Inc. Class H
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