Utilities 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 offers its products and services to commercial, industrial, and residential customers. The company was founded on September 1, 1949 and is headquartered in Kuala Lumpur, Malaysia.
Financial Highlights
Dec 2020
MYR USD Revenue 43,976M 10,464.96M Gross Profit 11,686M 2,780.91M Operating income 8,262.10M 1,966.13M Income before tax 4,158.90M 989.69M Net income 3,592.70M 854.95M EBITDA 18,884.50M 4,493.94M Diluted EPS 0.62 0.14 Dividends Per Share 0.40 0.09 Total Assets 181,433.30M 45,104.61M Total liabilities 123,005.80M 30,579.44M Total equity 55,833.20M 13,880.22M Operating cash flow 13,614.10M 3,239.74M Currency in MYR Currency in USD
Historical Data Aug 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Revenue
44,531.50M
15,692.20M
50,392.50M
50,939.70M
43,976M
Gross Profit
12,288.70M
4,119.70M
12,116.70M
11,746.10M
11,686M
Operating income
10,025.90M
3,280M
9,675.60M
9,016.40M
8,262.10M
Income before tax
7,973.50M
2,843.50M
5,046.60M
5,425.10M
4,158.90M
Net income
7,367.60M
2,622.30M
3,723.70M
4,529.20M
3,592.70M
EBITDA
15,748.10M
5,329.90M
16,166.90M
19,205.30M
18,884.50M
Diluted EPS
1.30
0.46
0.65
0.79
0.62
Dividends Per Share
0.32
0.82
0.53
0.50
0.40
Total Assets
132,902.20M
144,250M
153,695M
178,847.20M
181,433.30M
Total liabilities
79,283.30M
85,296.90M
93,638.10M
118,533.80M
123,005.80M
Total equity
52,388.60M
57,065.80M
57,837.80M
57,981.80M
55,833.20M
Operating cash flow
12,586.40M
1,753.50M
11,288.40M
18,168.60M
13,614.10M
Aug 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Revenue
10,729.41M
3,649.75M
12,487.67M
12,295.42M
10,464.96M
Gross Profit
2,960.83M
958.17M
3,002.61M
2,835.18M
2,780.91M
Operating income
2,415.63M
762.87M
2,397.69M
2,176.30M
1,966.13M
Income before tax
1,921.13M
661.35M
1,250.58M
1,309.46M
989.69M
Net income
1,775.14M
609.90M
922.76M
1,093.22M
854.95M
EBITDA
3,794.34M
1,239.65M
4,006.29M
4,635.62M
4,493.94M
Diluted EPS
0.31
0.10
0.16
0.19
0.14
Dividends Per Share
0.07
0.19
0.13
0.12
0.09
Total Assets
32,770.85M
35,643.68M
37,191.77M
43,722.57M
45,104.61M
Total liabilities
19,549.57M
21,076.57M
22,658.94M
28,977.82M
30,579.44M
Total equity
12,917.91M
14,100.76M
13,995.83M
14,174.74M
13,880.22M
Operating cash flow
3,032.56M
407.83M
2,797.35M
4,385.39M
3,239.74M
Valuation Measures
Dec 2020
PER 16.52 ROA 1.99% ROE 6.31% Operating margin 18.78% Profit margin 8.16%
Key executives
President, CEO & Executive Director:
Baharin bin Din
Chief Financial Officer:
Nazmi bin Othman
Chief Information Officer:
Fazil bin Ibrahim
Chief Regulatory & Stakeholder Management Officer:
Roslan bin Abdul Rahman
Chief Grid Officer:
Husaini bin Husin Shareholders
Khazanah Nasional Bhd. (Investment Company) (25.5%)
Employees Provident Fund (16.7%)
Permodalan Nasional Bhd. (9.7%)
Kumpulan Wang Persaraan (7.3%)
Bumiputra Investment Foundation (2.6%)
The Vanguard Group, Inc. (2.0%)
Public Mutual Bhd. (2.0%)
Great Eastern Life Assurance Co. Ltd. (1.3%)
Eastspring Investments (Singapore) Ltd. (1.0%)
BlackRock Fund Advisors (0.7%)
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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Last Updated on 26 Oct, 2021
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