Tenaga Nasional Bhd.
In the news
- China's central bank ups stake in India's biggest mortgage lender Apr 13, 2020
- Asian stocks rebound as central banks pledge support to fight virus impact Mar 2, 2020
- Malaysia unveils $4.8 billion package to fight coronavirus impact Feb 27, 2020
- Nikkei Asia300 falls, dragged down by Chinese equities Dec 31, 2019
- Asian stocks fall amid concerns US-China relations may worsen Nov 29, 2019 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 2021 | MYR | USD |
Revenue | 52,629.50M | 12,696.36M |
Gross Profit | 14,121.90M | 3,406.77M |
Operating income | 10,028.90M | 2,419.37M |
Income before tax | 4,544.80M | 1,096.38M |
Net income | 3,661.80M | 883.37M |
EBITDA | 20,720.40M | 4,998.59M |
Diluted EPS | 0.63 | 0.15 |
Dividends Per Share | 0.40 | 0.09 |
Total Assets | 188,226.10M | 45,181.49M |
Total liabilities | 128,885.30M | 30,937.42M |
Total equity | 56,608.40M | 13,588.19M |
Operating cash flow | 11,245.30M | 2,712.82M |
Currency in MYR | Currency in USD |
Historical Data
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 15,692.20M | 50,392.50M | 50,939.70M | 43,976M | 52,629.50M |
Gross Profit | 4,119.70M | 12,116.70M | 11,746.10M | 11,686M | 14,121.90M |
Operating income | 3,280M | 9,675.60M | 9,016.40M | 8,262.10M | 10,028.90M |
Income before tax | 2,843.50M | 5,046.60M | 5,425.10M | 4,158.90M | 4,544.80M |
Net income | 2,622.30M | 3,723.70M | 4,529.20M | 3,592.70M | 3,661.80M |
EBITDA | 5,329.90M | 16,166.90M | 19,205.30M | 18,884.50M | 20,720.40M |
Diluted EPS | 0.46 | 0.65 | 0.79 | 0.62 | 0.63 |
Dividends Per Share | 0.82 | 0.53 | 0.50 | 0.40 | 0.40 |
Total Assets | 144,250M | 153,695M | 178,847.20M | 181,433.30M | 188,226.10M |
Total liabilities | 85,296.90M | 93,638.10M | 118,533.80M | 123,005.80M | 128,885.30M |
Total equity | 57,065.80M | 57,837.80M | 57,981.80M | 55,833.20M | 56,608.40M |
Operating cash flow | 1,753.50M | 11,288.40M | 18,168.60M | 13,614.10M | 11,245.30M |
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 3,649.75M | 12,487.67M | 12,295.42M | 10,464.96M | 12,696.36M |
Gross Profit | 958.17M | 3,002.61M | 2,835.18M | 2,780.91M | 3,406.77M |
Operating income | 762.87M | 2,397.69M | 2,176.30M | 1,966.13M | 2,419.37M |
Income before tax | 661.35M | 1,250.58M | 1,309.46M | 989.69M | 1,096.38M |
Net income | 609.90M | 922.76M | 1,093.22M | 854.95M | 883.37M |
EBITDA | 1,239.65M | 4,006.29M | 4,635.62M | 4,493.94M | 4,998.59M |
Diluted EPS | 0.10 | 0.16 | 0.19 | 0.14 | 0.15 |
Dividends Per Share | 0.19 | 0.13 | 0.12 | 0.09 | 0.09 |
Total Assets | 35,643.68M | 37,191.77M | 43,722.57M | 45,104.61M | 45,181.49M |
Total liabilities | 21,076.57M | 22,658.94M | 28,977.82M | 30,579.44M | 30,937.42M |
Total equity | 14,100.76M | 13,995.83M | 14,174.74M | 13,880.22M | 13,588.19M |
Operating cash flow | 407.83M | 2,797.35M | 4,385.39M | 3,239.74M | 2,712.82M |
Valuation Measures
Dec 2021 | |
PER | 14.58 |
ROA | 1.98% |
ROE | 6.51% |
Operating margin | 19.05% |
Profit margin | 6.95% |
Key executives
- President, CEO & Executive Director: Baharin bin Din
- Chief Financial Officer: Nazmi bin Othman
- Chief Information Officer: Fazil bin Ibrahim
- Chief Grid Officer: Husaini bin Husin
- Chief Procurement Officer: Amir Mahmod bin Abdullah
Shareholders
- Khazanah Nasional Bhd. (Investment Company) (25.4%)
- Employees Provident Fund (15.6%)
- Permodalan Nasional Bhd. (9.6%)
- Kumpulan Wang Persaraan (7.2%)
- Bumiputra Investment Foundation (2.6%)
- Public Mutual Bhd. (2.0%)
- The Vanguard Group, Inc. (1.7%)
- Great Eastern Life Assurance Co. Ltd. (1.3%)
- Eastspring Investments (Singapore) Ltd. (1.0%)
- BlackRock Fund Advisors (0.8%)
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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