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Distribution Services

Sime Darby Bhd.

Company Background

Sime Darby is a Malaysian conglomerate with businesses in plantations, industrial equipment, automotives, property and energy.

As a diversified multinational company with a staff of more than 100,000, operating in 23 countries, Sime Darby plays a key role in the Malaysian economy. Its plantation division is the world's largest producer of palm oil, accounting for about 2.47 million tons, or 5% of global crude palm oil, annually.

Sime Darby Plantation operates upstream and downstream businesses, turning palm oil into consumer products such as cooking oil and detergents. The division owns about 8,600 sq. km of plantation land -- 12 times the size of Singapore -- in Malaysia, Indonesia and Liberia.

The group has dealerships to distribute heavy industry equipment and luxury marques such as BMW, Rolls-Royce and Porsche in the Asia Pacific region. In property development, Sime Darby builds townships in Malaysia and abroad. Mohd Bakke Salleh has been the president of the company since 2010. He formerly worked with state fund Permodalan Nasional, Sime Darby's major shareholder.

Business Summary

Sime Darby Bhd. is an investment holding company, which engages in the trading, healthcare and logistics business. It operates through the following segments: Industrial, Motors, Logistics, Healthcare, and Others. The Industrial segment includes sales, rental and servicing of equipment, and engineering services. The Motors segment involves in the assembly and distribution of vehicles and the provision of after-sales services. The Logistics segment manages port facilities. The Healthcare segment offers healthcare services. The Others segment refers to the insurance broking and other general investments. The company was founded by Alexander Guthrie, Daniel Harrison, Smith Harrison, Joseph Crosfield, William Middleton Sime, Henry d'Esterre Darby, and Herbert Mitford Darby in 1910 and is headquartered in Petaling Jaya, Malaysia.

Financial Highlights

Jun 2019 MYRUSD
Revenue36,156M8,761.84M
Gross Profit2,110M511.32M
Operating income1,220M295.64M
Income before tax1,291M312.85M
Net income948M229.73M
EBITDA1,811M438.86M
Diluted EPS0.130.03
Dividends Per Share0.100.02
Total Assets25,516M6,174.47M
Total liabilities10,246M2,479.37M
Total equity14,713M3,560.31M
Operating cash flow1,234M299.04M
Currency in MYRCurrency in USD

Historical Data

 Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019
Revenue 43,728.70M 29,452M 31,087M 33,828M 36,156M
Gross Profit 3,406.20M 1,457M 1,458M 1,699M 2,110M
Operating income 2,457.50M 544M 486M 780M 1,220M
Income before tax 3,267.40M 1,046M 1,007M 1,065M 1,291M
Net income 2,430M 792M 615M 618M 948M
EBITDA 3,847.40M 1,098M 1,055M 1,393M 1,811M
Diluted EPS 0.39 0.38 0.36 0.28 0.13
Dividends Per Share 0.25 0.27 0.23 0.08 0.10
Total Assets 62,238.40M 64,509M 67,680M 24,873M 25,516M
Total liabilities 30,259.40M 30,963M 29,174M 9,961M 10,246M
Total equity 30,568.10M 32,395M 37,343M 14,370M 14,713M
Operating cash flow 2,922.90M 3,738M 5,008M 1,229M 1,234M
 Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019
Revenue 12,654.06M 7,123.53M 7,254.44M 8,300.93M 8,761.84M
Gross Profit 985.67M 352.40M 340.23M 416.91M 511.32M
Operating income 711.14M 131.57M 113.41M 191.40M 295.64M
Income before tax 945.50M 252.99M 234.99M 261.33M 312.85M
Net income 703.18M 191.56M 143.51M 151.64M 229.73M
EBITDA 1,113.34M 265.57M 246.19M 341.82M 438.86M
Diluted EPS 0.11 0.09 0.08 0.06 0.03
Dividends Per Share 0.07 0.06 0.05 0.01 0.02
Total Assets 16,495.73M 16,001.24M 15,766.48M 6,157.44M 6,174.47M
Total liabilities 8,019.98M 7,680.26M 6,796.26M 2,465.89M 2,479.37M
Total equity 8,101.80M 8,035.47M 8,699.28M 3,557.37M 3,560.31M
Operating cash flow 845.81M 904.10M 1,168.66M 301.58M 299.04M

Valuation Measures

Jun 2019
PER16.21
ROA3.76%
ROE6.51%
Operating margin3.37%
Profit margin2.62%

Key executives

  • Group Chief Executive Officer & Director: Jeffri Salim Davidson
  • Group Chief Financial Officer: Encik Mustamir Mohamad
  • Vice President-Plantation Downstream Department: Zainal Abidin Bin Shariff
  • Managing Director-Industrial Division: Scott William Cameron
  • Managing Director-Logistics Division: Chi Tim Lee

Shareholders

  • Permodalan Nasional Bhd. (46.0%)
  • Employees Provident Fund (9.4%)
  • Kumpulan Wang Persaraan (7.0%)
  • Bumiputra Investment Foundation (4.3%)
  • GIC Pte Ltd. (Investment Management) (2.4%)
  • The Vanguard Group, Inc. (1.8%)
  • Great Eastern Life Assurance Co. Ltd. (1.1%)
  • Norges Bank Investment Management (1.1%)
  • Public Mutual Bhd. (1.1%)
  • Principal Asset Management Bhd. (0.9%)

Contact Details

  • Website:http://www.simedarby.com
  • Address: Level 9, Menara Sime Darby, Oasis Corporate Park, Petaling Jaya, 47301, Malaysia
  • Phone: +60.3.7623.2000

Related Companies

  • Sime Darby (NZ) Holdings Ltd.
  • Sime Darby Pagoh Development Sdn. Bhd.
  • Guthrie Industries Malaysia Sdn. Bhd.
  • Ironwood Development Sdn. Bhd.
  • Sime Darby Sunrise Development Sdn. Bhd.
  • Sime Darby Pecconina Sdn. Bhd.
  • Syarikat Perumahan Guthrie Sdn. Bhd.
  • Sime Darby Industrial Park Sdn. Bhd.
  • China Engineers (Malaysia) Sdn. Bhd.
  • Sime Healthcare Sdn. Bhd.
  • Sime Darby Property Selatan Satu Sdn. Bhd.
  • Sime Darby Property Selatan Dua Sdn. Bhd.
  • Simewinner Nissan Autocrafts Ltd.
  • Autofrance China Ltd.
  • Sime Winner Holdings Ltd.
  • Verdant Bioscience Pte Ltd.
  • Sime Darby Allied Operations Pty Ltd.
  • Sime Darby Property (Hong Kong) Ltd.
  • Sime Darby Offshore Engineering Sdn. Bhd.
  • Sime Darby Services Pte Ltd.
  • Sime Darby Auto Connexion Sdn. Bhd.
  • Austchrome Pty Ltd.
  • Dunlopillo (Shenzhen) Pte Ltd.
  • Shantou Dehong Bow Ma Motors Co. Ltd.
  • Sime Darby Elco Power Equipment (Shenzhen) Ltd.
  • Sime Darby Joy (Shanghai) Co. Ltd.
  • Sime Darby Sem Dealer (Fujian) Ltd.
  • Shenzhen Sime Darby Motor Enterprises Co. Ltd.
  • Shanghai Sime Darby Motor Sales & Services Co. Ltd.
  • Sime Darby Hongkong Finance Ltd.

Competitors

  • Bapcor Ltd
  • SIPEF group
Last Updated on 5 Dec, 2019

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