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Consumer Services

Shangri-La Asia Ltd.

Business Summary

Shangri-La Asia Ltd. engages in the ownership and operation of hotels and associated properties and the provision of hotel management and related services. The company operates through the following segments: Hotel Ownership, Hotel Management Services, Property Rentals, and Property Sales. The Hotel Ownership segment includes hotels under lease. The Hotel Management Services segment is for group-owned hotels and for hotels owned by third parties. The Property Rentals segment engages in ownership and leasing of office properties, commercial properties and serviced apartments/residences. It manages hotels under the following brands: Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotel. The company was founded on August 14, 1992 and is headquartered in Hong Kong.

Financial Highlights

Dec 2019 HKDUSD
Revenue19,049.05M2,431.21M
Gross Profit8,143.37M1,039.33M
Operating income5,154.70M657.89M
Income before tax479.83M61.24M
Net income1,194.75M152.48M
EBITDA7,818.73M997.89M
Diluted EPS0.330.04
Dividends Per Share----
Total Assets106,919.64M13,722.07M
Total liabilities56,241.52M7,218.04M
Total equity48,227.96M6,189.57M
Operating cash flow2,981.26M380.49M
Currency in HKDCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 16,455.79M 15,955.13M 17,064.88M 19,733.81M 19,049.05M
Gross Profit 6,696.73M 6,726.71M 7,183.83M 8,372.97M 8,143.37M
Operating income 4,430.28M 4,354.24M 4,656.10M 5,599.65M 5,154.70M
Income before tax 139.35M -1,117.65M 362.22M -117.53M 479.83M
Net income 1,086.37M 823.23M 1,231.24M 1,511.90M 1,194.75M
EBITDA 6,954.25M 6,765.33M 7,104.96M 8,247.17M 7,818.73M
Diluted EPS 0.30 0.23 0.34 0.42 0.33
Dividends Per Share 0.10 0.13 0.17 0.22 --
Total Assets 102,963.94M 100,742.75M 106,902.92M 103,117.61M 106,919.64M
Total liabilities 49,912.87M 51,026.19M 51,853.53M 50,841.91M 56,241.52M
Total equity 49,196.20M 46,447.78M 51,614.16M 49,238.39M 48,227.96M
Operating cash flow 3,135.69M 3,410.93M 4,628.73M 4,418.14M 2,981.26M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 2,122.62M 2,055.42M 2,189.82M 2,517.85M 2,431.21M
Gross Profit 863.80M 866.57M 921.85M 1,068.31M 1,039.33M
Operating income 571.46M 560.93M 597.48M 714.46M 657.89M
Income before tax 17.97M -143.98M 46.48M -14.99M 61.24M
Net income 140.13M 106.05M 157.99M 192.90M 152.48M
EBITDA 897.02M 871.54M 911.73M 1,052.26M 997.89M
Diluted EPS 0.03 0.02 0.04 0.05 0.04
Dividends Per Share 0.01 0.01 0.02 0.02 --
Total Assets 13,285.41M 12,993.78M 13,675.17M 13,170.64M 13,722.07M
Total liabilities 6,440.24M 6,581.34M 6,633.17M 6,493.76M 7,218.04M
Total equity 6,347.77M 5,990.82M 6,602.55M 6,288.95M 6,189.57M
Operating cash flow 404.47M 439.41M 593.97M 563.71M 380.49M

Valuation Measures

Dec 2019
PER24.33
ROA1.13%
ROE2.45%
Operating margin27.06%
Profit margin6.27%

Key executives

  • Chief Executive Officer & Executive Director: Beng Chee Lim
  • Chief Financial Officer: Dennis Tan
  • Chief Technology Officer: Jian Cheng Yang
  • Chief Investment Officer: Chee Wui Chua
  • Group Vice President: Shao Hu Qian

Shareholders

  • Kerry Group Ltd. (50.6%)
  • Kuok Group (8.5%)
  • HO FAMILY (2.6%)
  • Fidelity Management & Research Co. LLC (2.3%)
  • KUOK HUI KWONG FAMILY (1.3%)
  • FIL Investment Management (Singapore) Ltd. (1.2%)
  • Keck Seng (Malaysia) Bhd. (1.0%)
  • Seafarer Capital Partners LLC (0.9%)
  • Massachusetts Financial Services Co. (0.8%)
  • The Vanguard Group, Inc. (0.8%)

Contact Details

Related Companies

  • Shangri-La International Hotel Management Pte Ltd
  • Traders Yangon Co. Ltd. (Myanmar)
  • Shangri-La Ulaanbaatar Hotel LLC
  • Shangri-La Ulaanbaatar LLC
  • Dalian Wolong Bay Shangri-La Hotel Co., Ltd.
  • Harbin Songbei Shangri-La Hotel Co., Ltd.
  • Shangri-La Hotel (Cairns) Pty Ltd.
  • Shangri-La Hotel Management (Shanghai) Co., Ltd.
  • Shangri-La Hotel (Xiamen) Co., Ltd.
  • Shangri-La Hotel (Diqing) Co., Ltd.
  • Shangri-La Hotel (Qufu) Co., Ltd.
  • Shangri-La Hotel (Lhasa) Co., Ltd.
  • Shangri-La Hotel (Qinhuangdao) Co., Ltd.
  • Shangri-La Hotel (Hefei) Co., Ltd.
  • Shangri-La Hotel (Zhoushan) Co., Ltd.
  • Shangri-La Hotel (Huhhot) Co., Ltd.
  • Shangri-La Hotel (Guilin) Co., Ltd.
  • Shangri-La Hotel (Xian) Co., Ltd.
  • Shangri-La Hotel (Wenzhou) Co., Ltd.
  • Shangri-La Hotel (Chengdu) Co., Ltd.
  • Sheng Xiang Real Estate (Shenyang) Co., Ltd.
  • Well Fortune Real Estate (Putian) Co., Ltd
  • Zhengzhou Yuheng Real Estate Co., Ltd.
  • Wuhan Shangri-La Hotel Co., Ltd.
  • Harbin Shangri-La Hotel Co., Ltd.
  • Dalian Shangri-La Hotel Co., Ltd.
  • Jilin Province Kerry Real Estate Development Ltd.
  • Shenyang Hotel Jen Ltd.
  • Beihai Shangri-La Hotel Ltd.
  • Shenzhen Shangri-La Hotel Ltd.

Competitors

  • Keck Seng Investments (Hong Kong) Limited
  • Hyatt Hotels Corporation Class A
Last Updated on 27 May, 2020

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