Singapore Exchange Ltd.
- 8.18 SGD
- +0.01
- +0.12%
Singapore
Aug 19, 2019Ticker
SES(S68)Prev. close
8.17Market cap (SGD)
8,755.31MMarket cap (USD)
6,322.93MShares
1,071.64M
In the news
- Asian stocks fall as US Fed rate outlook damps risk-asset demand Aug 1, 2019
- China's Hillhouse buys into US bond-trading platform Trumid May 15, 2019
- Singapore IPOs plunge, hurt by volatility, global tensions Dec 20, 2018
- SGX rides derivatives boom as listings stagnate Oct 25, 2018
- India shares recover as State Bank, Tata Motors advance May 22, 2018 See more articles on Singapore Exchange Ltd.
Company Background
Singapore Exchange (SGX) plays a key role in Asia's securities and derivatives market, offering the world's largest offshore market for Asian equities index derivatives. Its markets attract many overseas players, and approximately 40% of listed companies have their origins overseas. The company was formed in 1999 through a consolidation of three Singaporean companies that ran exchanges and clearing services, namely Stock Exchange of Singapore (SES), Singapore International Monetary Exchange (Simex) and Securities Clearing and Computer Services (SCCS). The company went public in November 2000. Over 20% of SGX shares are held by SEL Holdings, a special-purpose company wholly owned by Temasek Holdings under Singapore's regulations that restrict the exercise of votes attached to shares of financial exchange companies.
Magnus Bocker was appointed CEO in December 2009. Prior to joining SGX, he spearheaded the creation of the Nordic Exchanges Company (OMX), the world's largest provider of technology solutions for exchanges and clearing organizations. He also played a key role in OMX's merger with Nasdaq in 2008, eventually becoming president of Nasdaq OMX. Under Bocker's leadership, SGX has been diversifying its derivatives offerings. In recent years, SGX has launched Chinese yuan futures contracts as well as gold futures, the "Singapore Kilobar Gold Contract."
Business Summary
Financial Highlights
| Jun 2019 | SGD | USD |
| Revenue | 909.74M | 666.34M |
| Gross Profit | 800.05M | 586.00M |
| Operating income | 461.56M | 338.07M |
| Income before tax | 472.98M | 346.43M |
| Net income | 391.09M | 286.46M |
| EBITDA | 524M | 383.80M |
| Diluted EPS | 0.36 | 0.26 |
| Dividends Per Share | 0.30 | 0.21 |
| Total Assets | 2,132.28M | 1,576.02M |
| Total liabilities | 1,041.43M | 769.75M |
| Total equity | 1,090.84M | 806.27M |
| Operating cash flow | 419.92M | 307.57M |
| Currency in SGD | Currency in USD |
Historical Data
| Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | |
| Revenue | 784.62M | 828.88M | 806.44M | 855.15M | 909.74M |
| Gross Profit | 530.50M | 551.48M | 541.32M | 572.43M | 800.05M |
| Operating income | 408.00M | 420.03M | 412.81M | 436.28M | 461.56M |
| Income before tax | 409.64M | 414.84M | 408.88M | 437.47M | 472.98M |
| Net income | 348.61M | 349.01M | 339.69M | 363.20M | 391.09M |
| EBITDA | 465.27M | 479.88M | 470.34M | 496.93M | 524M |
| Diluted EPS | 0.32 | 0.32 | 0.31 | 0.33 | 0.36 |
| Dividends Per Share | 0.28 | 0.28 | 0.28 | 0.30 | 0.30 |
| Total Assets | 1,803.85M | 2,110.56M | 2,046.60M | 2,118.30M | 2,132.28M |
| Total liabilities | 827.45M | 1,120.98M | 1,014.07M | 1,022.07M | 1,041.43M |
| Total equity | 976.39M | 989.58M | 1,032.53M | 1,096.23M | 1,090.84M |
| Operating cash flow | 431.40M | 435.04M | 393.27M | 448.71M | 419.92M |
| Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | |
| Revenue | 598.54M | 596.36M | 579.19M | 637.08M | 666.34M |
| Gross Profit | 404.69M | 396.78M | 388.78M | 426.45M | 586.00M |
| Operating income | 311.24M | 302.20M | 296.48M | 325.03M | 338.07M |
| Income before tax | 312.49M | 298.47M | 293.66M | 325.91M | 346.43M |
| Net income | 265.93M | 251.11M | 243.97M | 270.58M | 286.46M |
| EBITDA | 354.93M | 345.27M | 337.80M | 370.21M | 383.80M |
| Diluted EPS | 0.24 | 0.23 | 0.22 | 0.25 | 0.26 |
| Dividends Per Share | 0.21 | 0.20 | 0.20 | 0.22 | 0.21 |
| Total Assets | 1,339.65M | 1,568.14M | 1,486.44M | 1,553.58M | 1,576.02M |
| Total liabilities | 614.52M | 832.89M | 736.51M | 749.59M | 769.75M |
| Total equity | 725.13M | 735.25M | 749.92M | 803.98M | 806.27M |
| Operating cash flow | 329.09M | 313.00M | 282.45M | 334.29M | 307.57M |
Valuation Measures
| Jun 2019 | |
| PER | 21.66 |
| ROA | 18.40% |
| ROE | 35.76% |
| Operating margin | 50.73% |
| Profit margin | 42.98% |
Key executives
- CEO & Non-Independent Executive Director: Boon Chye Loh
- President: Muthukrishnan Ramaswami
- Chief Financial Officer: Lay Chew Chng
- Head-Technology: Tinku Gupta
- Co-Secretary, Legal & Compliance: Kim Ming Seah
Shareholders
- Temasek Holdings Pte Ltd. (Investment Company) (23.3%)
- Japan Exchange Group, Inc. (3.4%)
- The Vanguard Group, Inc. (2.1%)
- BlackRock Fund Advisors (1.6%)
- Norges Bank Investment Management (1.3%)
- Formuepleje A/S Fondsmaeglerselskab (1.3%)
- Capital Research & Management Co. (Global Investors) (0.8%)
- CPH Capital Fondsmaeglerselskab A/S (0.7%)
- AllianceBernstein LP (0.6%)
- GQG Partners LLC (0.4%)
Contact Details
- Website:http://www.sgx.com
- Address: 2 Shenton Way, No. 02-02, SGX Centre 1, Singapore, 068804, Singapore
- Phone: +65.6236.8888
Related Companies
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- Singapore Exchange Ltd. (Illinois)
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- Baltic Exchange Ltd.
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- SGX Investment (Mauritius) Ltd.
- Asian Gateway Investments Pte. Ltd.
- Singapore Exchange Securities Trading Ltd.
- Singapore Exchange Derivatives Clearing Ltd.
- Singapore Commodity Exchange Ltd.
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- SGX MSCI Taiwan Index
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Competitors
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Last Updated on 19 Aug, 2019