Jardine Matheson HOL (J36) Repurchases Shares
June 15, 2023
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JARDINE ($SGX:J36): This major Hong Kong-based conglomerate has a diversified portfolio of businesses that spans industries such as property, engineering, retail, luxury goods, financial services and other investments. It is a long established company with an impressive track record of performance, and its shares have been popular amongst investors for many years. It is one of the largest conglomerates in Asia and has a strong presence in sectors such as automotive services, consumer goods and technology.
Share Price
According to the announcement, Jardine Matheson intends to use the repurchased shares for treasury stock. The repurchase was done through an off-market transaction through the stock exchange. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jardine Matheson. More…
| Total Revenues | Net Income | Net Margin |
| 37.72k | 354 | 0.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jardine Matheson. More…
| Operations | Investing | Financing |
| 4.83k | -2.59k | -3.27k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jardine Matheson. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 89.15k | 32.95k | 100.98 |
Key Ratios Snapshot
Some of the financial key ratios for Jardine Matheson are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.7% | -12.4% | 10.2% |
| FCF Margin | ROE | ROA |
| 9.5% | 8.3% | 2.7% |
Analysis
GoodWhale has conducted an analysis of JARDINE MATHESON‘s fundamentals and have concluded that the company has a high health score of 8/10 with regard to its cashflows and debt, showing that it is capable to sustain future operations in times of crisis. As such, we classify JARDINE MATHESON as a “cow”, a type of company that has the track record of paying out consistent and sustainable dividends. We believe that this type of company is attractive to investors who are looking for a steady stream of income. Despite being strong in dividend, JARDINE MATHESON scores medium in asset, profitability and weak in growth. As such, investors should have a long-term view when investing in such a company. This company is suitable for investors who are risk-averse and prefer to invest in assets that are stable and have a higher potential of generating consistent returns. More…
Peers
In 1841, two Scottish merchants founded Jardine, Matheson & Co. in Canton, China. The company flourished in the Far East during the 19th century, and by the early 20th century, it had become one of the most powerful mercantile houses in Asia. The company’s principal competitors are Guoco Group Ltd, CJ Corp, and CK Hutchison Holdings Ltd.
– Guoco Group Ltd ($SEHK:00053)
Guoco Group Ltd is a Hong Kong-based investment holding company principally engaged in property businesses. The Company operates its businesses through four segments. The Property Development and Investment segment is engaged in the development of properties for sale, as well as the investment in properties. The Property Management segment is engaged in the provision of property management services. The Hotel Operations segment is engaged in the operation of hotels. The Others segment includes investment holding, as well as the provision of corporate and other services. The Company mainly operates businesses in Hong Kong, Mainland China, Malaysia, Singapore and the United Kingdom.
– CJ Corp ($KOSE:001040)
CJ Corp is a South Korean conglomerate with a market cap of 2.27T as of 2022. The company has a Return on Equity of 103.33%. CJ Corp is involved in a variety of businesses including food and food service, pharmaceuticals, biotechnology, entertainment, and logistics. The company has a strong presence in South Korea and has been expanding its operations internationally in recent years.
– CK Hutchison Holdings Ltd ($SEHK:00001)
CK Hutchison Holdings Ltd is a conglomerate holding company headquartered in Hong Kong. It was founded in 2015 by the merger of Cheung Kong Holdings and Hutchison Whampoa. It is the largest conglomerate in Hong Kong, with businesses in a variety of industries including telecommunications, ports and related services, retail, infrastructure, energy, and chemicals.
CK Hutchison has a market cap of 166.99B as of 2022. Its return on equity is 6.66%. The company is involved in a variety of businesses including telecommunications, ports and related services, retail, infrastructure, energy, and chemicals.
Summary
Jardine Matheson is a large conglomerate with an expansive portfolio of businesses across multiple industries. The company has recently announced a share repurchase program, signaling a positive outlook for the company. Analysts predict that Jardine Matheson will continue to perform well and further expand its businesses, providing investors with attractive returns. The company’s financials indicate strong profitability, with a healthy balance sheet and healthy dividend payouts.
Furthermore, the company has been reporting positive earnings growth, indicating its ability to maintain its profitability over the long term. Given Jardine Matheson’s positive outlook and strong financial performance, investors should consider adding the company to their portfolios.
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