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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, 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 2020 MYRUSD
Revenue36,934M8,778.14M
Gross Profit1,774M421.62M
Operating income1,253M297.80M
Income before tax1,381M328.22M
Net income820M194.89M
EBITDA2,306M548.06M
Diluted EPS0.120.02
Dividends Per Share0.090.02
Total Assets27,273M6,364.76M
Total liabilities11,707M2,732.08M
Total equity14,997M3,499.88M
Operating cash flow2,932M696.85M
Currency in MYRCurrency in USD

Historical Data

 Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020
Revenue 29,452M 31,087M 33,828M 36,156M 36,934M
Gross Profit 1,457M 1,458M 1,699M 2,110M 1,774M
Operating income 544M 486M 780M 1,220M 1,253M
Income before tax 1,046M 1,007M 1,065M 1,291M 1,381M
Net income 792M 615M 618M 948M 820M
EBITDA 1,098M 1,055M 1,393M 1,811M 2,306M
Diluted EPS 0.38 0.36 0.28 0.13 0.12
Dividends Per Share 0.27 0.23 0.06 0.09 0.09
Total Assets 64,509M 67,680M 24,873M 25,516M 27,273M
Total liabilities 30,963M 29,174M 9,961M 10,246M 11,707M
Total equity 32,395M 37,343M 14,370M 14,713M 14,997M
Operating cash flow 3,738M 5,008M 1,229M 1,234M 2,932M
 Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020
Revenue 7,123.53M 7,254.44M 8,300.93M 8,761.84M 8,778.14M
Gross Profit 352.40M 340.23M 416.91M 511.32M 421.62M
Operating income 131.57M 113.41M 191.40M 295.64M 297.80M
Income before tax 252.99M 234.99M 261.33M 312.85M 328.22M
Net income 191.56M 143.51M 151.64M 229.73M 194.89M
EBITDA 265.57M 246.19M 341.82M 438.86M 548.06M
Diluted EPS 0.09 0.08 0.06 0.03 0.02
Dividends Per Share 0.06 0.05 0.01 0.02 0.02
Total Assets 16,001.24M 15,766.48M 6,157.44M 6,174.47M 6,364.76M
Total liabilities 7,680.26M 6,796.26M 2,465.89M 2,479.37M 2,732.08M
Total equity 8,035.47M 8,699.28M 3,557.37M 3,560.31M 3,499.88M
Operating cash flow 904.10M 1,168.66M 301.58M 299.04M 696.85M

Valuation Measures

Jun 2020
PER17.82
ROA3.10%
ROE5.52%
Operating margin3.39%
Profit margin2.22%

Key executives

  • Group Chief Executive Officer & Director: Jeffri Salim Davidson
  • Group Chief Financial Officer: Encik Mustamir Mohamad
  • Group Chief Information & Digital Officer: Hai Peow Goh
  • Managing Director-Logistics Division: Chi Tim Lee
  • Group Chief Strategy Officer: Yao Kang Liang

Shareholders

  • Permodalan Nasional Bhd. (40.8%)
  • Employees Provident Fund (10.4%)
  • Bumiputra Investment Foundation (7.8%)
  • Kumpulan Wang Persaraan (6.9%)
  • The Vanguard Group, Inc. (1.8%)
  • Great Eastern Life Assurance Co. Ltd. (1.6%)
  • Principal Asset Management Bhd. (0.9%)
  • Eastspring Investments (Singapore) Ltd. (0.8%)
  • Dimensional Fund Advisors LP (0.7%)
  • BlackRock Fund Advisors (0.6%)

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

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  • PT Udaya Loh Denawi
  • PT Asricipta Indah
  • PT Sajang Heulang
  • 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.

Competitors

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