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Utilities
Tenaga Nasional Bhd.
- 15.96 MYR
- +0.04
- +0.25%
Malaysia
Apr 20, 2018Ticker
KLS(5347)Prev. close
15.92Market cap (MYR)
90,202.50MMarket cap (USD)
23,143.70MShares
5,665.99M
In the news
- 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
- Singapore stocks decline as higher levies damp real-estate developers Feb 20, 2018
- Malaysia stocks at three-year high as banks extend gains Jan 29, 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
Tenaga Nasional Bhd. engages in the generation, transmission, distribution, and sale of electricity. It operates through the following business divisions: Generation, Transmission, and Distribution. The Generation division operates and maintains the firm's power generating assets, comprising of thermal generation facilities and major hydro-generation schemes in addition to supporting the operations and maintenance of three Independent Power Producers (IPP). The Transmission division connects power generated by the company and IPPs throughout peninsular Malaysia with distribution's network, as well as directly to large industrial customers via the national grid. The Distribution division plans, designs, constructs, operates, and maintains electricity supply system. The company was founded on September 1, 1949 and is headquartered in Kuala Lumpur, Malaysia.
Financial Highlights
| Dec 2017 | MYR | USD |
| Revenue | 47,481.30M | 11,043.40M |
| Gross Profit | 12,350.70M | 2,872.57M |
| Operating income | 9,860.40M | 2,293.37M |
| Income before tax | 8,937.90M | 2,078.81M |
| Net income | 8,267.10M | 1,922.79M |
| EBITDA | 16,010.10M | 3,723.69M |
| Diluted EPS | 1.45 | 0.33 |
| Dividends Per Share | 0.82 | 0.19 |
| Total Assets | 144,277.20M | 35,650.40M |
| Total liabilities | 85,183.30M | 21,048.50M |
| Total equity | 57,204.60M | 14,135.06M |
| Operating cash flow | 1,521.50M | 353.87M |
| Currency in MYR | Currency in USD |
Historical Data
| Aug 2013 | Aug 2014 | Aug 2015 | Aug 2016 | Dec 2017 | |
| Revenue | 37,130.70M | 42,792.40M | 43,286.80M | 44,531.50M | 47,481.30M |
| Gross Profit | 8,556.40M | 9,475.60M | 10,897M | 12,288.70M | 12,350.70M |
| Operating income | 5,412.70M | 7,713.20M | 9,241.90M | 10,076.10M | 9,860.40M |
| Income before tax | 5,840.60M | 7,012M | 7,032.60M | 7,973.50M | 8,937.90M |
| Net income | 5,356.20M | 6,467M | 6,118.40M | 7,367.60M | 8,267.10M |
| EBITDA | 9,952.20M | 12,585.70M | 14,536.10M | 15,798.30M | 16,010.10M |
| Diluted EPS | 0.95 | 1.14 | 1.08 | 1.30 | 1.45 |
| Dividends Per Share | 0.25 | 0.29 | 0.29 | 0.32 | 0.82 |
| Total Assets | 99,999.30M | 110,665.40M | 117,135M | 132,902.20M | 144,277.20M |
| Total liabilities | 61,246.90M | 66,184.60M | 68,658.40M | 79,283.30M | 85,183.30M |
| Total equity | 37,693.10M | 43,222M | 47,208M | 52,388.60M | 57,204.60M |
| Operating cash flow | 9,283.90M | 10,004.40M | 11,111.40M | 12,586.40M | 1,521.50M |
| Aug 2013 | Aug 2014 | Aug 2015 | Aug 2016 | Dec 2017 | |
| Revenue | 11,984.49M | 13,225.48M | 12,078.48M | 10,729.41M | 11,043.40M |
| Gross Profit | 2,761.70M | 2,928.54M | 3,040.63M | 2,960.83M | 2,872.57M |
| Operating income | 1,747.03M | 2,383.85M | 2,578.80M | 2,427.73M | 2,293.37M |
| Income before tax | 1,885.14M | 2,167.14M | 1,962.33M | 1,921.13M | 2,078.81M |
| Net income | 1,728.79M | 1,998.70M | 1,707.24M | 1,775.14M | 1,922.79M |
| EBITDA | 3,212.22M | 3,889.75M | 4,056.06M | 3,806.43M | 3,723.69M |
| Diluted EPS | 0.30 | 0.35 | 0.30 | 0.31 | 0.33 |
| Dividends Per Share | 0.08 | 0.08 | 0.08 | 0.07 | 0.19 |
| Total Assets | 30,443.50M | 35,109.58M | 27,889.28M | 32,770.85M | 35,650.40M |
| Total liabilities | 18,645.83M | 20,997.65M | 16,347.23M | 19,549.57M | 21,048.50M |
| Total equity | 11,475.18M | 13,712.56M | 11,240.00M | 12,917.91M | 14,135.06M |
| Operating cash flow | 2,996.51M | 3,091.97M | 3,100.45M | 3,032.56M | 353.87M |
Valuation Measures
| Dec 2017 | |
| PER | 9.77 |
| ROA | 5.96% |
| ROE | 15.08% |
| Operating margin | 20.76% |
| Profit margin | 17.41% |
Key executives
- President, CEO & Executive Director: Azman bin Mohammed
- Chief Financial Officer & VP-Group Finance: Fazlur Rahman bin Zainuddin
- Chief Information Officer: Fazil bin Ibrahim
- Chief Investment Management Officer: Nazmi bin Othman
- Chief Corporate Officer: Roslan bin Abdul Rahman
Shareholders
- Khazanah Nasional Bhd. (Investment Company) (28.1%)
- Permodalan Nasional Bhd. (13.0%)
- Employees Provident Fund (11.9%)
- Kumpulan Wang Persaraan (5.3%)
- The Vanguard Group, Inc. (2.1%)
- Bumiputra Investment Foundation (2.1%)
- Lembaga Tabung Haji (1.8%)
- Public Mutual Bhd. (1.5%)
- Great Eastern Life Assurance Co. Ltd. (1.4%)
- BlackRock Fund Advisors (1.4%)
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
Related Companies
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- Jimah East Power Sdn. Bhd.
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- TNB Logistics Sdn. Bhd.
- TNB Properties Sdn. Bhd.
- TNB Generation Sdn. Bhd.
- TNB Workshop Services Sdn. Bhd.
- TNB Janamanjung Sdn. Bhd.
- Sabah Electricity Sdn. Bhd.
- Federal Power Sdn. Bhd.
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- Tenaga Nasional Bhd. Retirement Benefit Trust Fund
- Tanjung Bin Power Sdn. Bhd.
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- Malaysia Transformer Manufacturing Sdn. Bhd.
- TNB Ventures Sdn. Bhd.
- Northern Utility Resources Sdn. Bhd. /Kulim Hi-Tech Park Ops/
Competitors
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