Jardine Matheson Sets Sustainability Goals for 2022
June 19, 2023
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Jardine Matheson ($SGX:J36) is a Hong Kong-based conglomerate with a long history in global markets, from automotive to construction and engineering to hospitality and more. Their commitment to sustainability is driven by the future of the planet, and they have recently announced their goals for the next three years. By 2022, Jardine Matheson aims to reduce their carbon emissions and energy consumption by 10%, implement a water conservation plan, and increase customer satisfaction. They also plan to reduce their impact on the environment by increasing recycling and reducing waste.
Additionally, they are investing in renewable energy sources such as solar, wind, and geothermal, as well as developing new technologies to improve efficiency. Jardine Matheson is also taking steps to ensure that their supply chain is socially responsible by working with suppliers in reducing their environmental footprint. They are also committed to sustainable sourcing and procurement practices. Through their commitment to sustainability, Jardine Matheson is helping to create a better tomorrow. They are demonstrating that businesses can do their part to reduce their environmental impact while still providing excellent customer service. By setting goals for 2022, they are showing that they are dedicated to making the world a better place.
Price History
On Monday, JARDINE MATHESON stock opened at SG$48.9 and closed at SG$49.5, up by 2.2% from last closing price of 48.4. This development comes in the wake of their announcement that they have set sustainability goals for the year 2022. They plan to focus on achieving carbon neutrality, using renewable energy sources, reducing plastic waste and creating a more circular economy. They will also emphasize social responsibility, environmental responsibility, and responsible investing in order to achieve these goals.
Additionally, they aim to promote the use of alternative sources of energy, like solar and wind power, and to reduce their reliance on fossil fuels. JARDINE MATHESON is committed to creating a better future for all stakeholders and hopes to achieve these sustainability goals in the near future. 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 conducted an analysis of JARDINE MATHESON‘s fundamentals and found that the company is classified as a ‘cow’ according to our Star Chart system. This type of company typically has a track record of paying out consistent and sustainable dividends. JARDINE MATHESON displays a strong level of dividend, medium levels of asset, profitability, and weak growth. However, its high health score of 8/10 with regard to its cashflows and debt shows that it is very capable of safely riding out any crisis without the risk of bankruptcy. Given the stability provided by JARDINE MATHESON’s dividends and its strong financials, we believe that income investors will be particularly interested in the company. These investors may also be attracted to the potential for capital appreciation as the company’s profitability and asset levels increase. Value investors may also find JARDINE MATHESON attractive given its current market price relative to its intrinsic value. 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 an international conglomerate with a focus on sustainability and long-term growth. As of 2022, the company has plans to continue investing in sustainable practices across all business segments. Jardine Matheson has set targets to reduce emissions, improve energy efficiency, increase water conservation, and promote responsible sourcing. Investing analysis in the company looks promising due to its commitment to sustainability and consistent financial performance. Jardine Matheson has a strong balance sheet and is well diversified across its businesses.
Additionally, the company offers investors a high dividend yield with a low-risk profile. Furthermore, there are numerous opportunities for growth, both organically and through acquisitions. Overall, Jardine Matheson is an attractive stock for investors looking for steady returns and long-term capital appreciation.
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