SBS Transit, Singapore’s iconic bus operator, has been named overall winner for the transport industry sector of the Centurion Club. In addition, the company has been named winner for best weighted return on equity for this industry sector too. During the lockdown period earlier this year, the company’s ridership has been affected.
SBS Transit, a subsidiary of land transport giant ComfortDelGro, today runs more than 200 bus services and operates a fleet of some 3,000 buses. In addition, it runs the NorthEast MRT Line, which is the world’s first fully automated, underground heavy rail system as well as the Downtown Line. At 42-km long, this line with 34 stations is the longest underground line in the city-state. During the three-year evaluation period, SBS Transit scored a return on equity ranging between 10.87 times and 16.91 times, and the weighted return on equity was 15.17 times.
Often, companies which are able to identify and carve out a niche for themselves, are able to do well for themselves, and their shareholders. Penguin International, which specialises in the design, construction, owner and operator of aluminium high-speed craft, has been named the company with the best shareholders’ returns for this Centurion Club sector.
Since 1995, Penguin has delivered more than 150 aluminium workboats, patrol craft and passenger ferries to ship owners around the world, including over 120 of its proprietary-designed Flex offshore crew boats and armoured security boats. The company claims it is the world’s most prolific builder of mid-sized, multi-role crew boats for the offshore and maritime security industries and that the Flex class of vessels have become the industry standard.
China Everbright Water is a water environment management company that has developed an integrated business chain, ranging from raw water protection, water supply, municipal wastewater treatment, industrial wastewater treatment, reusable water, river-basin ecological restoration, and sludge treatment and disposal.
See also: A market worth your time and participation
As at June 30 this year, the company — which also has a Hong Kong listing — has invested and held 135 projects, with a total investment of approximately RMB24.29 billion ($4.97 billion), including one raw water protection project, three water supply projects, 103 municipal wastewater treatment projects and 12 industrial waste water treatment projects. Its projects span across China’s various provinces and autonomous regions ranging from Beijing to Guangxi. For the most recent financial year ended Dec 31, 2019, it recorded earnings of HK$833.5 million ($143.67 million). Back in FY2016, it was just HK$349.3 million. The change in this evaluation period represented a CAGR of 33.6%, which makes it the winner of the profit after tax category in this industry sector.
