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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, and Others. The Industrial segment consists of sale and installation of equipment, sale of parts, provision of after-sales services, and engineering services. The Motors segment sells vehicles and parts, after-sales services, assembly of vehicles, and handling and commission income. The Logistics segment focuses on terminal handling and related services. The Others segment refers to other sources. 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 2022 MYRUSD
Revenue42,502M10,044.64M
Gross Profit1,536M363.00M
Operating income1,750M413.58M
Income before tax1,641M387.82M
Net income1,172M276.98M
EBITDA2,863M676.62M
Diluted EPS0.160.03
Dividends Per Share0.110.02
Total Assets30,229M6,858.53M
Total liabilities13,858M3,144.18M
Total equity16,010M3,632.44M
Operating cash flow772M182.44M
Currency in MYRCurrency in USD

Historical Data

 Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022
Revenue 33,828M 36,156M 36,934M 44,483M 42,502M
Gross Profit 1,699M 2,110M 1,774M 2,039M 1,536M
Operating income 780M 1,220M 1,253M 1,605M 1,750M
Income before tax 1,065M 1,291M 1,381M 2,091M 1,641M
Net income 618M 948M 820M 1,425M 1,172M
EBITDA 1,393M 1,811M 2,306M 2,760M 2,863M
Diluted EPS 0.28 0.13 0.12 0.20 0.16
Dividends Per Share 0.06 0.09 0.09 0.10 0.11
Total Assets 24,873M 25,516M 27,273M 28,487M 30,229M
Total liabilities 9,961M 10,246M 11,707M 12,158M 13,858M
Total equity 14,370M 14,713M 14,997M 15,883M 16,010M
Operating cash flow 1,229M 1,234M 2,932M 2,768M 772M
 Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022
Revenue 8,300.93M 8,761.84M 8,778.14M 10,779.81M 10,044.64M
Gross Profit 416.91M 511.32M 421.62M 494.12M 363.00M
Operating income 191.40M 295.64M 297.80M 388.94M 413.58M
Income before tax 261.33M 312.85M 328.22M 506.72M 387.82M
Net income 151.64M 229.73M 194.89M 345.32M 276.98M
EBITDA 341.82M 438.86M 548.06M 668.84M 676.62M
Diluted EPS 0.06 0.03 0.02 0.05 0.03
Dividends Per Share 0.01 0.02 0.02 0.02 0.02
Total Assets 6,157.44M 6,174.47M 6,364.76M 6,861.85M 6,858.53M
Total liabilities 2,465.89M 2,479.37M 2,732.08M 2,928.57M 3,144.18M
Total equity 3,557.37M 3,560.31M 3,499.88M 3,825.84M 3,632.44M
Operating cash flow 301.58M 299.04M 696.85M 670.78M 182.44M

Valuation Measures

Jun 2022
PER13.14
ROA3.99%
ROE7.34%
Operating margin4.11%
Profit margin2.75%

Key executives

  • Group Chief Executive Officer & Executive Director: Jeffri Salim Davidson
  • Group Chief Financial Officer: Encik Mustamir Mohamad
  • Group Chief Information & Digital Officer: Hai Peow Goh
  • Group Chief Strategy Officer: Yao Kang Liang
  • Group Chief Safety & Sustainability Officer: Glenn Sheahan

Shareholders

  • Permodalan Nasional Bhd. (39.7%)
  • Employees Provident Fund (9.8%)
  • Kumpulan Wang Persaraan (7.7%)
  • Bumiputra Investment Foundation (6.1%)
  • AIA Bhd. (1.7%)
  • The Vanguard Group, Inc. (1.6%)
  • Great Eastern Life Assurance Co. Ltd. (1.1%)
  • Eastspring Investments (Singapore) Ltd. (0.9%)
  • BlackRock Fund Advisors (0.9%)
  • Dimensional Fund Advisors LP (0.5%)

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

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Competitors

    Last Updated on 4 Oct, 2022

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