StarHub Ltd.

In the news

Asian stocks post weekly loss amid China virus outbreak Jan 24, 2020
StarHub shares find favor after upside surprise from earnings Nov 7, 2019
Asian equities little changed amid lingering worries over US-China trade Aug 7, 2019
Singapore's Keppel and Straits Times to buy mobile carrier M1 Feb 16, 2019
StarHub risks losing Discovery Channel and viewers in payment row Jun 2, 2018

Company Background

StarHub offers a full range of information and communications services to both corporate and individual customers in Singapore, including fixed-line telephone services, a mobile network, a multichannel pay TV network and broadband Internet services. The company was created in 1998 by a consortium led by Singapore Technologies Telemedia, a unit of Singapore's state-owned investment firm Temasek Holdings, as a part of telecommunications market liberalization efforts at the time. StarHub officially launched operations in 2000, and was listed on the Singapore Stock Exchange in 2004. Temasek Holdings is the largest shareholder of StarHub, with a majority stake, followed by Japan's Nippon Telegraph and Telephone (NTT).

Tan Tong Hai was appointed CEO in 2013. Prior to joining StarHub in 2009 as chief operating officer, Tan held management positions at various Internet-related companies, including IBM Asia Pacific. In the face of heated price competition especially in broadband services, StarHub is adding new services to encourage the bundled use of services across different devices. One of such efforts is StarHub's "TV Anywhere" service which allows pay TV subscribers to watch TV programs on their Internet-enabled mobile devices.

Business Summary

StarHub Ltd. is engages in the operations of telecommunications services and other businesses relating to the info-communications industry. It operates through the following segments: Telecommunications, Cyber Security and High Security Assurance Product segments. The company was founded on May 5, 1998 and is headquartered in Singapore.

Financial Highlights

Dec 2019	SGD	USD
Revenue	2,330.60M	1,708.40M
Gross Profit	690.10M	505.86M
Operating income	256.90M	188.31M
Income before tax	219.10M	160.60M
Net income	186.40M	136.63M
EBITDA	618.10M	453.08M
Diluted EPS	0.10	0.07
Dividends Per Share	--	--
Total Assets	2,733.90M	2,033.16M
Total liabilities	2,353.70M	1,750.41M
Total equity	318.20M	236.64M
Operating cash flow	403.70M	295.92M
	Currency in SGD	Currency in USD

Historical Data

SGD | USD

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019
Revenue	2,444.30M	2,396.70M	2,410.70M	2,362M	2,330.60M
Gross Profit	849.10M	875.70M	806.90M	719.70M	690.10M
Operating income	393.30M	429.80M	358M	283.40M	256.90M
Income before tax	440.50M	411.90M	335.50M	246.50M	219.10M
Net income	372.30M	341.40M	268.60M	193.80M	186.40M
EBITDA	664.70M	694.80M	638.40M	574.60M	618.10M
Diluted EPS	0.21	0.19	0.15	0.11	0.10
Dividends Per Share	0.20	0.20	0.16	0.16	--
Total Assets	1,909.40M	2,196.30M	2,636M	2,635.50M	2,733.90M
Total liabilities	1,720.70M	2,000M	2,229.10M	2,247.10M	2,353.70M
Total equity	187.60M	194.90M	401.60M	328.20M	318.20M
Operating cash flow	526.80M	528.90M	490.60M	390.80M	403.70M

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019
Revenue	1,777.33M	1,735.92M	1,746.27M	1,750.53M	1,708.40M
Gross Profit	617.41M	634.26M	584.50M	533.38M	505.86M
Operating income	285.98M	311.30M	259.33M	210.03M	188.31M
Income before tax	320.30M	298.33M	243.03M	182.68M	160.60M
Net income	270.71M	247.27M	194.57M	143.62M	136.63M
EBITDA	483.32M	503.24M	462.44M	425.84M	453.08M
Diluted EPS	0.15	0.14	0.11	0.08	0.07
Dividends Per Share	0.14	0.14	0.11	0.11	--
Total Assets	1,345.92M	1,520.24M	1,972.46M	1,933.60M	2,033.16M
Total liabilities	1,212.91M	1,384.37M	1,667.98M	1,648.64M	1,750.41M
Total equity	132.23M	134.90M	300.50M	240.79M	236.64M
Operating cash flow	383.05M	383.08M	355.38M	289.63M	295.92M

Valuation Measures

Dec 2019
PER	13.19
ROA	6.94%
ROE	57.67%
Operating margin	11.02%
Profit margin	7.99%

Key executives

Chief Executive Officer: Peter Kaliaropoulos
Chief Financial Officer: Choon Hwee Chia
Head-Information Services: Yaw Yee Kee
Chief-Enterprise Business Group: Yoke Sin Chong
Head-Network: Siew Loong Chong

Shareholders

Singapore Technologies Telemedia Pte Ltd. (55.7%)
Nippon Telegraph & Telephone Corp. (9.9%)
The Vanguard Group, Inc. (0.9%)
Norges Bank Investment Management (0.6%)
Dimensional Fund Advisors LP (0.6%)
BlackRock Advisors (UK) Ltd. (0.6%)
OH YUNG HSING ANDREW (0.6%)
BlackRock Asset Management Deutschland AG (0.4%)
BlackRock Fund Advisors (0.4%)
Mellon Investments Corp. (0.3%)

Contact Details

Website:http://www.starhub.com
Address: No. 05-01 StarHub Green, 67 Ubi Avenue 1, Singapore, 408942, Singapore
Phone: +65.6825.5000

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Competitors

Last Updated on 6 Apr, 2020