YTL Power International Berhad
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YTL Power International Berhad Financial Snapshot
Operating Performance
Fast Facts
The company reported revenues of US$4,161.89
Headquarters Address 11th Floor, Kuala Lumpur, 55100,Malaysia
million during 2010, with a CAGR of 41.99% during
2006–2010. Its revenue grew at an annual rate of
Telephone + 60 3 2423652
141.11% over the previous fiscal year. In 2010, the
company recorded an operating margin of 17.01%, as
Fax + 60 3 21412703 against 33.46% in 2009.
Website www.ytlpowerinternational.com
Revenue and Margins
Ticker Symbol, Stock Exchange YTLPOWR, Bursa Malaysia
Number of Employees 2,054
Fiscal Year End June
Revenue (in US$ million) 4,161.89
Revenue (in MYR million) 13,442.92
SWOT Analysis Return on Equity
Strengths Weaknesses The company recorded a return on equity (ROE) of
16.77% for 2010, as compared to its peers, Genting
Expanding Market Share in Sector Dependency on Thermal Fuel Sources Berhad (Ticker: GENTING), MVV Energie AG (Ticker:
MVV1) and Tenaga Nasional Berhad (Ticker:
TENAGA), which recorded ROEs of 14.22%, 12.73%
Strong Market Position Limited Investor Confidence and 11.13% respectively. The company reported an
operating margin of 17.01% in 2010.
Strong Position of the Parent Company
Return on Equity
Synergy of PowerSeraya
Opportunities Threats
Increasing Demand for Electricity in
Legal and Political Framework
Asia
Recent Alliance & Partnerships Volatility in Raw Material Price Level
Liquidity Position
The company reported a current ratio of 2.05 in 2010,
as compared to its peers, Genting Berhad, MVV
Energie AG and Tenaga Nasional Berhad, which
recorded current ratios of 3.26, 1.00 and 1.53
respectively. As of June 2010, the company recorded
cash and short-term investments of worth
US$2,297.19 million, against US$574.45 million
current debt. The company reported a debt to equity
ratio of 2.94 in 2010 as compared to its peers,
Genting Berhad, MVV Energie AG and Tenaga
Nasional Berhad, which recorded debt to equity ratios
of 0.87, 1.10 and 0.74 respectively.
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YTL Power International Berhad - SWOT Profile Page 1
YTL Power International Berhad
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................12
2.2.4 Operational Efficiency ......................................................................................................................................13
2.2.5 Solvency ..........................................................................................................................................................14
2.2.6 Valuation ..........................................................................................................................................................15
2.3 Competitive Benchmarking ..................................................................................................................................16
2.3.1 Market Capitalization .......................................................................................................................................16
2.3.2 Efficiency ..........................................................................................................................................................17
2.3.3 Capital Expenditure ..........................................................................................................................................18
2.3.4 Valuation ..........................................................................................................................................................19
2.3.5 Turnover – Inventory and Asset .......................................................................................................................20
2.3.6 Liquidity ............................................................................................................................................................21
3 Mergers & Acquisitions and Partnerships ........................................................................................... 22
3.1 M&A and Partnerships Strategy .................................................................................................................