Jardine Cycle & Carriage Ltd (JCC) is a SGX-listed ASEAN-based conglomerate. It is a part of the Jardine Group where JCC is currently a 75%-subsidiary of Jardine Strategic Holdings Ltd. As of 16 May 2019, its market capitalisation is US$ 13.12 billion, thus, placing JCC as one of the 30 constituents of the Straits Times Index (STI). In this article, I’ll cover on its latest financial results and valuation figures.
Thus, here are 10 things to know about JCC before you invest:
3 Core BusinessesJCC derives income from 3 Core Businesses. They include:
Core Businesses Underlying Profits
(US$ Million) Underlying Profits
(%) Astra International 718.7 76.9% Direct Motor Interest 144.6 15.5% Strategic Interests 71.1 7.6% Total Core Businesses 934.4 100.0
*Exclude Corporate Costs
Source: JCC’s FY 2018 Results
JCC hass 50.1% shareholdings of Astra International, a diversified listed conglomerate in Indonesia. It has seven main businesses, ranging from...
