Top 10 Companies by Market-Cap in SG (2/2)
In the last episode, we introduced of the top 10 companies in Singapore: Jardines, IHH, ThaiBev, Singapore Airlines, and Hongkong Land. Are you ready for the rest? Let's get started! ![]()
No.5 Wilmar
Market cap: SGD$26.26 billion
Wilmar International Ltd is a palm and lauric oil processor and a producer of consumer pack edible oils. It operates across food products, feed and industrial products, and shipping.
Market cap: SGD$26.26 billion
Wilmar International Ltd is a palm and lauric oil processor and a producer of consumer pack edible oils. It operates across food products, feed and industrial products, and shipping.
Figure 1 shows that the total revenue of Wilmar has experienced moderate growth grwoth in the past five years. It fell slightly in 2019 and rose 18.46% in 2020 to a new high. Likewise, the net income peaked at US$1.69 billion in 2020.
Wilmar's stock price was temporarily affected by the pandemic and hit the bottom in the first half of 2020. It soon recovered and reached a new high in Feb 2021 because of the rising demand for food under extreme circumstances. However, the price tumbled as the volume of production decreased. (Figure 2)
No.4 Singtel
Market cap: SGD$39.95 billion
Singapore Telecommunication Limited is one of the four major telcos in Singapore. It owns extensive wired and wireless networks and offers data and voice services to a broad customer base.
Market cap: SGD$39.95 billion
Singapore Telecommunication Limited is one of the four major telcos in Singapore. It owns extensive wired and wireless networks and offers data and voice services to a broad customer base.
The total revenue of Singtel has been relatively stable for the past five years, but it has started to drop slightly since 2019. The net income also fell considerably for three consecutive years. (Figure 3)
Singtel seems to be heavily affected by the Covid-19. Its stock price dropped significantly at the beginning of 2020 and hit the bottom later that year. The price per share is around US $2, which is almost half of the highest price. (Figure 4)
No.3 UOB
Market cap: SGD$44.67 billion
United Overseas Bank is a diversified financial institution based in Singapore. The group offers a wide range of banking services for consumers, corporates, and investment banking providers.
Market cap: SGD$44.67 billion
United Overseas Bank is a diversified financial institution based in Singapore. The group offers a wide range of banking services for consumers, corporates, and investment banking providers.
According to figure 5, the total revenue of UOB has a similar trend as its total net income. They both reached their peaks in 2018 and started to decline in 2020. (Figure 5).
Figure 6 indicates that the share price of UOB has been volatile from 2017 to 2021. It dropped significantly in 2020. However, it started to rise and remained stable at around US $25 per share in 2021.
No. 2 OCBC Bank
Market cap: SGD$50.86 billion
The Singapore-based Oversea-Chinses Banking Corp, provides consumer and corporate banking and treasury services throughout Asia.
Market cap: SGD$50.86 billion
The Singapore-based Oversea-Chinses Banking Corp, provides consumer and corporate banking and treasury services throughout Asia.
Figure 3 suggests that total revenue and net income were generally stable and slightly fell in 2020 compared to the previous year.
Figure 8 indicates that the share price of OCBC grew steadily before mid-2018. It has declined since then. The price was around US $11 between 2019 and the first quarter of 2020. Later, it suffered a significant drop in 2020. It seems to recover from the pandemic and reached around US $12 per share in the second half of 2021.
No.1 DBS
Market cap: SGD$81.78 billion
DBS is a Singapore-based group providing a full range of banking services for consumers, small to midsize enterprises (SMEs), and large corporations and institutions.
Market cap: SGD$81.78 billion
DBS is a Singapore-based group providing a full range of banking services for consumers, small to midsize enterprises (SMEs), and large corporations and institutions.
Figure 9 shows that DBS's total revenue and net income were stable until 2020. However, the growth rate of net income in 2020 has declined by over 26% compared to 2019.
The share price of DBS was on its way to growing until mid-2018. It later suffered a slight decline and hit bottom at the beginning of 2020, similar to the other companies mentioned above. However, it regained momentum in mid-2020 and reached its new high at around US $32 per share by the end of 2021. (Figure 10)
In summary, the Covid-19 pandemic has significantly impacted several industries. Singapore's banks have risen to the challenge and are gradually recovering. Singtel is still working hard to overcome difficulties. Wilmar experienced volatility recently.
The top 10 Singaporean companies by market cap series have come to an end. Let's pick the most bullish companies in your mind.
Disclaimer:
Moomoo is a trading platform offered by Moomoo Inc. In Singapore, capital markets products and services on moomoo are offered by Futu Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS).
Moomoo is a trading platform offered by Moomoo Inc. In Singapore, capital markets products and services on moomoo are offered by Futu Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS).
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ProfitTogether : To all the passionate gurus, we should do this kind of ranking and discussions more often with the common goal of growing the value of our portfolio. Cheers!
eitokun : They win digital banking license with Grab.
IcySilver : Perhaps $DBS Group Holdings (D05.SG)$ should reflect on their recent service disruption.
TravisLeong : Why is SEA Ltd not in the list? It has a market cap bigger than DBS.
正派的李山泉 : Well-funded
Tan Gek Siong : The benefits are all good
Ah Boo : SingTel is much better position as more people stay at home to work
FBI888 : $DBS Group Holdings (D05.SG)$
DBS Bank's pioneer in digital technology
UNeverSleppWell TravisLeong: BC SE in US stock mkt, this is SG stock mkt
Yao En : how did you get the USD when its in SGD
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