StarHub Ltd.
In the news
- Huawei 5G dominance threatened in Southeast Asia Jul 20, 2020
- 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 See more articles on StarHub Ltd.
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
Financial Highlights
| Dec 2020 | SGD | USD |
| Revenue | 2,028.80M | 1,470.79M |
| Gross Profit | 470.60M | 341.16M |
| Operating income | 192.70M | 139.69M |
| Income before tax | 192.30M | 139.40M |
| Net income | 150M | 108.74M |
| EBITDA | 499.20M | 361.89M |
| Diluted EPS | 0.08 | 0.06 |
| Dividends Per Share | 0.05 | 0.03 |
| Total Assets | 2,931.30M | 2,217.90M |
| Total liabilities | 2,504.70M | 1,895.13M |
| Total equity | 338.40M | 256.04M |
| Operating cash flow | 535.70M | 388.36M |
| Currency in SGD | Currency in USD |
Historical Data
| Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | |
| Revenue | 2,396.70M | 2,410.70M | 2,362M | 2,330.60M | 2,028.80M |
| Gross Profit | 875.70M | 806.90M | 719.90M | 617.30M | 470.60M |
| Operating income | 429.80M | 358M | 282.50M | 244.60M | 192.70M |
| Income before tax | 411.90M | 335.50M | 246.50M | 219.10M | 192.30M |
| Net income | 341.40M | 268.60M | 193.80M | 178.40M | 150M |
| EBITDA | 694.80M | 638.40M | 573.70M | 605.80M | 499.20M |
| Diluted EPS | 0.19 | 0.15 | 0.11 | 0.10 | 0.08 |
| Dividends Per Share | 0.20 | 0.16 | 0.16 | 0.09 | 0.05 |
| Total Assets | 2,196.30M | 2,636M | 2,653.50M | 2,733.90M | 2,931.30M |
| Total liabilities | 2,000M | 2,229.10M | 2,265.10M | 2,353.60M | 2,504.70M |
| Total equity | 194.90M | 401.60M | 308.10M | 318.20M | 338.40M |
| Operating cash flow | 528.90M | 490.60M | 390.80M | 411.50M | 535.70M |
| Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | |
| Revenue | 1,735.92M | 1,746.27M | 1,750.53M | 1,708.40M | 1,470.79M |
| Gross Profit | 634.26M | 584.50M | 533.53M | 452.50M | 341.16M |
| Operating income | 311.30M | 259.33M | 209.36M | 179.29M | 139.69M |
| Income before tax | 298.33M | 243.03M | 182.68M | 160.60M | 139.40M |
| Net income | 247.27M | 194.57M | 143.62M | 130.77M | 108.74M |
| EBITDA | 503.24M | 462.44M | 425.18M | 444.07M | 361.89M |
| Diluted EPS | 0.14 | 0.11 | 0.08 | 0.07 | 0.06 |
| Dividends Per Share | 0.14 | 0.11 | 0.11 | 0.06 | 0.03 |
| Total Assets | 1,520.24M | 1,972.46M | 1,946.80M | 2,033.16M | 2,217.90M |
| Total liabilities | 1,384.37M | 1,667.98M | 1,661.84M | 1,750.34M | 1,895.13M |
| Total equity | 134.90M | 300.50M | 226.04M | 236.64M | 256.04M |
| Operating cash flow | 383.08M | 355.38M | 289.63M | 301.64M | 388.36M |
Valuation Measures
| Dec 2020 | |
| PER | 15.12 |
| ROA | 5.29% |
| ROE | 45.68% |
| Operating margin | 9.49% |
| Profit margin | 7.39% |
Key executives
- Chief Executive Officer: Nikhil Oommen Jacob Eapen
- Chief Financial Officer: Choon Hwee Chia
- Head-Information Services: Yaw Yee Kee
- Head-Network: Siew Loong Chong
- Manager-Investor Relations: Amelia Lee
Shareholders
- Singapore Technologies Telemedia Pte Ltd. (55.7%)
- Nippon Telegraph & Telephone Corp. (9.9%)
- The Vanguard Group, Inc. (0.8%)
- OH YUNG HSING ANDREW (0.6%)
- Dimensional Fund Advisors LP (0.5%)
- JPMorgan Investment Management, Inc. (0.4%)
- BlackRock Fund Advisors (0.4%)
- Mellon Investments Corp. (0.2%)
- CHOO PIANG WONG (0.2%)
- CHEN CHUN NAN (0.2%)
Contact Details
- Website:http://www.starhub.com
- Address: No. 05-01 StarHub Green, 67 Ubi Avenue 1, Singapore, 408942, Singapore
- Phone: +65.6825.5000
Related Companies
- Nettilling Sdn. Bhd.
- Starhub Ltd. /Cyber Security Business/
- Starhub Ltd. /2 Subsidiaries/
- Accel Systems & Technologies Pte Ltd.
- Starhub, Inc.
- Starhub (Hong Kong) Ltd.
- Starhub (Mauritius) Ltd.
- Starhub Shop Pte Ltd.
- StarHub Internet Pte Ltd.
- Singapore CableVision Pte Ltd.
- Nucleus Connect Pte Ltd.
- StarHub Mobile Pte Ltd.
- StarHub Online Pte Ltd.
- StarHub Cable Vision Ltd.
Competitors
- Tuas Ltd.
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Last Updated on 2 Aug, 2021
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