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

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. The company was founded on May 7, 1998 and is headquartered in Singapore.

Financial Highlights

Dec 2021	SGD	USD
Revenue	2,042.60M	1,519.94M
Gross Profit	514.30M	382.70M
Operating income	216.80M	161.32M
Income before tax	185.10M	137.73M
Net income	141.40M	105.21M
EBITDA	495.80M	368.93M
Diluted EPS	0.08	0.06
Dividends Per Share	0.06	0.04
Total Assets	3,242.90M	2,405.44M
Total liabilities	2,746.60M	2,037.31M
Total equity	389.60M	288.98M
Operating cash flow	608.20M	452.57M
	Currency in SGD	Currency in USD

Historical Data

SGD | USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	2,410.70M	2,362M	2,330.60M	2,028.80M	2,042.60M
Gross Profit	806.90M	719.90M	617.30M	470.60M	514.30M
Operating income	358M	282.50M	244.60M	192.70M	216.80M
Income before tax	335.50M	246.50M	219.10M	192.30M	185.10M
Net income	268.60M	193.80M	178.40M	150M	141.40M
EBITDA	638.40M	573.70M	605.80M	499.20M	495.80M
Diluted EPS	0.15	0.11	0.10	0.08	0.08
Dividends Per Share	0.16	0.16	0.09	0.05	0.06
Total Assets	2,636M	2,653.50M	2,733.90M	2,931.30M	3,242.90M
Total liabilities	2,229.10M	2,265.10M	2,353.60M	2,504.70M	2,746.60M
Total equity	401.60M	308.10M	318.20M	338.40M	389.60M
Operating cash flow	490.60M	390.80M	411.50M	535.70M	608.20M

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	1,746.27M	1,750.53M	1,708.40M	1,470.79M	1,519.94M
Gross Profit	584.50M	533.53M	452.50M	341.16M	382.70M
Operating income	259.33M	209.36M	179.29M	139.69M	161.32M
Income before tax	243.03M	182.68M	160.60M	139.40M	137.73M
Net income	194.57M	143.62M	130.77M	108.74M	105.21M
EBITDA	462.44M	425.18M	444.07M	361.89M	368.93M
Diluted EPS	0.11	0.08	0.07	0.06	0.06
Dividends Per Share	0.11	0.11	0.06	0.03	0.04
Total Assets	1,972.46M	1,946.80M	2,033.16M	2,217.90M	2,405.44M
Total liabilities	1,667.98M	1,661.84M	1,750.34M	1,895.13M	2,037.31M
Total equity	300.50M	226.04M	236.64M	256.04M	288.98M
Operating cash flow	355.38M	289.63M	301.64M	388.36M	452.57M

Valuation Measures

Dec 2021
PER	16.64
ROA	4.58%
ROE	38.84%
Operating margin	10.61%
Profit margin	6.92%

Key executives

Chief Executive Officer & Executive Director: Nikhil Oommen Jacob Eapen
Chief Financial Officer: Choon Hwee Chia
Chief Technology Officer-Transformation & Product: Ayush Sharma
Chief Technology Officer-Network Operations: Siew Loong Chong
Head-Information Services: Yaw Yee Kee

Shareholders

Singapore Technologies Telemedia Pte Ltd. (55.7%)
Nippon Telegraph & Telephone Corp. (9.9%)
DBS Group Holdings Ltd. (1.3%)
The Vanguard Group, Inc. (0.8%)
OH YUNG HSING ANDREW (0.6%)
Dimensional Fund Advisors LP (0.5%)
Norges Bank Investment Management (0.5%)
BlackRock Fund Advisors (0.4%)
JPMorgan Investment Management, Inc. (0.3%)
CHOO PIANG WONG (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

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Competitors

Last Updated on 9 Dec, 2022