CapitaLand Ltd.


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  • 1y
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Mar 20, 2018
Prev close: 3.68
Mar 20, 2018
Market cap:
Market cap(USD):
Shares: 4,274.38M

Currency in SGD

Company profile

Market(Ticker): SES(C31)
Real Estate Development
Full time employees: --

Business summary

CapitaLand Ltd. is an investment holding company, which engages in the provision of consultancy services. It operates through the following business segments: CapitaLand Singapore, CapitaLand China, CapitaLand Mall Asia, Ascott Limited, and Others. The CapitaLand Singapore segment owns and manages commercial properties and develops residential properties in Singapore and Malaysia for sale. The CapitaLand China segment involves residential, commercial and integrated property development. The CapitaLand Mall Asia owns and manages shopping malls in Singapore, China, India, Japan, and Malaysia. The Ascott Limited segment is an international serviced residence owner-operator with operations in key cities of Asia Pacific, Europe, U.S. and the Gulf region. Its brands include Ascott, Somerset and Citadines. The Others segment includes corporate office, group treasury, StorHub, financial services, and other businesses in Vietnam, Indonesia, Japan, and Gulf Cooperation Council countries. The company was founded in November 2000 and is headquartered in Singapore.

Company background

CapitaLand is the largest real estate developer in Southeast Asia. It was established in 2000 through a merger of DBS Land and Pidemco Land, two government-linked real estate developers in Singapore. Temasek Holdings, Singapore's sovereign wealth fund, has a nearly 40% share. CapitaLand is led by President and Group CEO Lim Ming Yan, who took over in early 2013. Lim was CEO of CapitaLand China Holdings from 2000 to 2009, during which time he drove major development in China.

About 80% of CapitaLand's assets are in Singapore and China, where the company plans to expand further. Its strength is developing different types of properties, such as apartments, offices and shopping malls, as a single project. CapitaLand owns and operates The Ascott, the world's largest chain of international serviced apartments. It also has five publicly listed real estate investment trusts and more than a dozen real estates private equity funds under its umbrella. The company recently privatized CapitaMalls Asia and delisted it from the Singapore Exchange as a part of restructuring. It sold its Australian unit Australand Property Group.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 5,171.52M
Gross profit 2,324.19M
Operating income 1,458.29M
Income before tax 1,747.21M
Net income 1,550.75M
EBITDA 2,021.25M
Diluted EPS 0.32
Dividends per share --
Total assets 61,445.66M
Total liabilities 29,362.59M
Total equity 18,382.37M
Operating cash flow 1,963.30M

Currency in SGD

Revenue 3,746.18M
Gross profit 1,683.61M
Operating income 1,056.36M
Income before tax 1,265.65M
Net income 1,123.34M
EBITDA 1,464.17M
Diluted EPS 0.23
Dividends per share --
Total assets 45,978.49M
Total liabilities 21,971.41M
Total equity 13,755.14M
Operating cash flow 1,422.19M

Currency in USD

Valuation measures

Dec 2017

PER 9.67
ROA 2.89%
ROE 8.61%
Operating margin 28.19%
Profit margin 29.98%

Key executive

  • President, Group CEO & Executive Director: Ming Yan Lim
  • Chief Operating Officer: Juan Thong Leow
  • Group Chief Financial Officer: Cho Pin Lim
  • Chief Investment Officer: Chee Koon Lee
  • Group Chief Digital Officer: Kok Siong Ng

Share holders

  • Temasek Holdings Pte Ltd. (Investment Company)(39.3%)
  • BlackRock Investment Management LLC(5.9%)
  • The Vanguard Group, Inc.(1.8%)
  • BlackRock Fund Advisors(1.1%)
  • Matthews International Capital Management LLC(1.1%)
  • CapitaLand Ltd.(0.9%)
  • Norges Bank Investment Management(0.8%)
  • SSgA Funds Management, Inc.(0.7%)
  • APG Asset Management NV(0.5%)
  • BlackRock Advisors (UK) Ltd.(0.5%)


  • Website:
  • Address: No. 30-01, Capital Tower, 168 Robinson Road, Singapore, 068912, Singapore
  • Phone: +65.6713.2888

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