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Tenaga Nasional Bhd.
- 12.70 MYR
- -0.36
- -2.76%
Malaysia
Mar 18, 2019Ticker
KLS(5347)Prev. close
13.06Market cap (MYR)
74,270.77MMarket cap (USD)
18,212.65MShares
5,686.88M
In the news
- Malaysia sovereign wealth fund marks $1.5bn loss over impairments Mar 6, 2019
- Malaysian pension fund to review investment strategy Apr 23, 2018
- Singapore, Malaysia stocks fall after Wall Street selloff Apr 3, 2018
- Tenaga Nasional secures 120 million pound financing facility Apr 2, 2018
- Tenaga buys 80% stake in two U.K. renewable firms Mar 1, 2018 See more articles on Tenaga Nasional Bhd.
Company Background
Tenaga Nasional is a Malaysian state-controlled power company. Its main business is electricity generation and distribution of power throughout the entire country, with the exception of the state of Sarawak. It operates six thermal power stations and three hydroelectric facilities. In 2013, Tenaga used mainly gas (45.5%) and coal (40.5%) to generate electricity that accounted for more than 40% of the country's power needs. The remaining electricity is produced by independent power producers in the private sector.
Electricity is subsidized by the government. Khazanah Nasional and other state institutions own more than half of Tenaga Nasional's shareholdings. President and CEO Azman Mohd has been with the company since 1979, after serving in numerous managerial positions. Outside of Malaysia, Tenaga operates a power generation business in Kuwait and Abu Dhabi, both are run through joint ventures. The company also operates Universiti Tenaga Nasional, a private university.
Business Summary
Financial Highlights
| Dec 2018 | MYR | USD |
| Revenue | 50,392.50M | 12,487.67M |
| Gross Profit | 7,340.50M | 1,819.03M |
| Operating income | 8,165.60M | 2,023.50M |
| Income before tax | 5,046.60M | 1,250.58M |
| Net income | 3,723.70M | 922.76M |
| EBITDA | 14,656.90M | 3,632.10M |
| Diluted EPS | 0.65 | 0.16 |
| Dividends Per Share | 0.53 | 0.13 |
| Total Assets | 153,713.70M | 37,196.29M |
| Total liabilities | 93,265.60M | 22,568.80M |
| Total equity | 57,837.80M | 13,995.83M |
| Operating cash flow | 12,099.70M | 2,998.40M |
| Currency in MYR | Currency in USD |
Historical Data
| Aug 2014 | Aug 2015 | Aug 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 42,792.40M | 43,286.80M | 44,531.50M | 47,481.30M | 50,392.50M |
| Gross Profit | 9,475.60M | 10,897M | 12,288.70M | 12,350.70M | 7,340.50M |
| Operating income | 7,713.20M | 9,189.40M | 10,025.90M | 9,860.40M | 8,165.60M |
| Income before tax | 7,012M | 7,032.60M | 7,973.50M | 8,937.90M | 5,046.60M |
| Net income | 6,467M | 6,118.40M | 7,367.60M | 8,267.10M | 3,723.70M |
| EBITDA | 12,585.70M | 14,483.60M | 15,748.10M | 16,010.10M | 14,656.90M |
| Diluted EPS | 1.14 | 1.08 | 1.30 | 1.45 | 0.65 |
| Dividends Per Share | 0.29 | 0.29 | 0.32 | 0.82 | 0.53 |
| Total Assets | 110,665.40M | 117,135M | 132,902.20M | 144,277.20M | 153,713.70M |
| Total liabilities | 66,184.60M | 68,658.40M | 79,283.30M | 85,183.30M | 93,265.60M |
| Total equity | 43,222M | 47,208M | 52,388.60M | 57,204.60M | 57,837.80M |
| Operating cash flow | 10,004.40M | 11,111.40M | 12,586.40M | 1,521.50M | 12,099.70M |
| Aug 2014 | Aug 2015 | Aug 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 13,225.48M | 12,078.48M | 10,729.41M | 11,043.40M | 12,487.67M |
| Gross Profit | 2,928.54M | 3,040.63M | 2,960.83M | 2,872.57M | 1,819.03M |
| Operating income | 2,383.85M | 2,564.15M | 2,415.63M | 2,293.37M | 2,023.50M |
| Income before tax | 2,167.14M | 1,962.33M | 1,921.13M | 2,078.81M | 1,250.58M |
| Net income | 1,998.70M | 1,707.24M | 1,775.14M | 1,922.79M | 922.76M |
| EBITDA | 3,889.75M | 4,041.41M | 3,794.34M | 3,723.69M | 3,632.10M |
| Diluted EPS | 0.35 | 0.30 | 0.31 | 0.33 | 0.16 |
| Dividends Per Share | 0.08 | 0.08 | 0.07 | 0.19 | 0.13 |
| Total Assets | 35,109.58M | 27,889.28M | 32,770.85M | 35,650.40M | 37,196.29M |
| Total liabilities | 20,997.65M | 16,347.23M | 19,549.57M | 21,048.50M | 22,568.80M |
| Total equity | 13,712.56M | 11,240.00M | 12,917.91M | 14,135.06M | 13,995.83M |
| Operating cash flow | 3,091.97M | 3,100.45M | 3,032.56M | 353.87M | 2,998.40M |
Valuation Measures
| Dec 2018 | |
| PER | 20.72 |
| ROA | 2.49% |
| ROE | 6.47% |
| Operating margin | 16.20% |
| Profit margin | 7.38% |
Key executives
- President & Chief Executive Officer: Azman bin Mohammed
- Chief Financial Officer: Nazmi bin Othman
- Chief Information Officer: Fazil bin Ibrahim
- Chief Corporate Officer: Roslan bin Abdul Rahman
- Chief Procurement Officer: Syed Abu Hanifah bin Syed Alwi
Shareholders
- Khazanah Nasional Bhd. (Investment Company) (28.7%)
- Employees Provident Fund (13.8%)
- Permodalan Nasional Bhd. (13.0%)
- Kumpulan Wang Persaraan (5.4%)
- The Vanguard Group, Inc. (2.1%)
- Bumiputra Investment Foundation (2.1%)
- Public Mutual Bhd. (1.5%)
- Great Eastern Life Assurance Co. Ltd. (1.4%)
- BlackRock Fund Advisors (1.4%)
- Eastspring Investments (Singapore) Ltd. (1.0%)
Contact Details
- Website:http://www.tnb.com.my
- Address: Pejabat Setiausaha Syarikat, Level 2, Ibu Pejabat Tenaga Nasional Berhad, Kuala Lumpur, 59200, Malaysia
- Phone: +60.3.2296.5566
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Competitors
- HF Co. SA
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Last Updated on 18 Mar, 2019