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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 2021 MYRUSD
Revenue44,483M10,779.81M
Gross Profit2,039M494.12M
Operating income1,605M388.94M
Income before tax2,091M506.72M
Net income1,425M345.32M
EBITDA2,760M668.84M
Diluted EPS0.200.05
Dividends Per Share0.100.02
Total Assets28,487M6,861.85M
Total liabilities12,158M2,928.57M
Total equity15,883M3,825.84M
Operating cash flow2,768M670.78M
Currency in MYRCurrency in USD

Historical Data

 Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021
Revenue 31,087M 33,828M 36,156M 36,934M 44,483M
Gross Profit 1,458M 1,699M 2,110M 1,774M 2,039M
Operating income 486M 780M 1,220M 1,253M 1,605M
Income before tax 1,007M 1,065M 1,291M 1,381M 2,091M
Net income 615M 618M 948M 820M 1,425M
EBITDA 1,055M 1,393M 1,811M 2,306M 2,760M
Diluted EPS 0.36 0.28 0.13 0.12 0.20
Dividends Per Share 0.23 0.06 0.09 0.09 0.10
Total Assets 67,680M 24,873M 25,516M 27,273M 28,487M
Total liabilities 29,174M 9,961M 10,246M 11,707M 12,158M
Total equity 37,343M 14,370M 14,713M 14,997M 15,883M
Operating cash flow 5,008M 1,229M 1,234M 2,932M 2,768M
 Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021
Revenue 7,254.44M 8,300.93M 8,761.84M 8,778.14M 10,779.81M
Gross Profit 340.23M 416.91M 511.32M 421.62M 494.12M
Operating income 113.41M 191.40M 295.64M 297.80M 388.94M
Income before tax 234.99M 261.33M 312.85M 328.22M 506.72M
Net income 143.51M 151.64M 229.73M 194.89M 345.32M
EBITDA 246.19M 341.82M 438.86M 548.06M 668.84M
Diluted EPS 0.08 0.06 0.03 0.02 0.05
Dividends Per Share 0.05 0.01 0.02 0.02 0.02
Total Assets 15,766.48M 6,157.44M 6,174.47M 6,364.76M 6,861.85M
Total liabilities 6,796.26M 2,465.89M 2,479.37M 2,732.08M 2,928.57M
Total equity 8,699.28M 3,557.37M 3,560.31M 3,499.88M 3,825.84M
Operating cash flow 1,168.66M 301.58M 299.04M 696.85M 670.78M

Valuation Measures

Jun 2021
PER10.40
ROA5.11%
ROE9.22%
Operating margin3.60%
Profit margin3.20%

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
  • Managing Director-Logistics Division: Thiam Huat Liew
  • Group Chief Strategy Officer: Yao Kang Liang

Shareholders

  • Permodalan Nasional Bhd. (41.0%)
  • Employees Provident Fund (9.1%)
  • Kumpulan Wang Persaraan (7.2%)
  • Bumiputra Investment Foundation (6.0%)
  • The Vanguard Group, Inc. (1.7%)
  • AIA Bhd. (1.7%)
  • Great Eastern Life Assurance Co. Ltd. (1.1%)
  • Eastspring Investments (Singapore) Ltd. (0.9%)
  • BlackRock Fund Advisors (0.7%)
  • Dimensional Fund Advisors LP (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

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Competitors

    Last Updated on 27 Jan, 2022

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