Singapore Land Group Limited

Singapore Land Group Limited

2.35
USD
-0.16
(-6.37%)
2.10BMarket Cap
Feb 23Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.44
0.5
0.58
0.73
0.91
0.46
0.55
0.47
0.35
0.43
0.48
0.51
0.55
- -
Basic EPS, GAAP
0.23
0.29
0.19
0.2
0.21
0.22
0.42
0.06
0.23
0.32
0.19
0.2
0.19
- -
Free Cash Flow per Basic Share
-0.06
0.14
0.2
0.17
0.59
0.25
0.29
0.12
0.1
0.17
0.18
0.15
0.19
- -
Dividend per Share
0.03
- -
- -
- -
- -
0.03
0.04
0.04
0.03
0.03
0.03
0.04
0.04
0.04
Book Value per Share
3.61
4.09
4.24
4.4
4.55
4.74
5.1
5.12
5.3
5.57
5.72
5.87
6.01
5.03
Tangible Book Value per Share
3.61
4.09
4.24
4.4
4.55
4.74
5.06
5.09
5.27
5.54
5.68
5.84
5.97
5
Basic Weighted Avg Shares
1,379
1,387
1,400
1,413
1,427
1,432
1,433
1,433
1,433
1,433
1,433
1,433
1,433
1,239
Sales/Revenue/Turnover
610
693
807
1,037
1,292
657
789
671
505
611
685
732
783
- -
Operating Margin (%)
35.72
35.11
31.52
29.12
26.08
39.14
33.25
29.36
35.38
31.25
30.56
33.31
35.76
- -
Depreciation Expense
24
24
24
24
23
23
35
50
42
45
49
45
43
- -
Net Income, GAAP
316
398
261
286
297
317
605
90
331
455
271
284
272
- -
Effective Tax Rate (%)
6.88
8.22
11.9
15.1
13.27
10.78
6.44
26.37
10.26
7.96
13.24
13.77
15.04
- -
Profit Margin (%)
51.84
57.41
32.28
27.59
23.01
48.21
76.65
13.45
65.6
74.49
39.56
38.81
34.77
- -
Working Capital
419
366
430
-225
495
330
-248
-195
-24
87
-117
99
-68
-215
LT Debt
478
1,012
768
12
479
307
169
172
361
407
154
321
418
222
Total Equity
6,795
6,498
6,781
7,041
7,338
7,628
7,973
7,997
8,240
8,620
8,816
9,015
9,257
7,868
Return on Invested Capital (%)
2.76
2.87
2.83
3.13
3.6
2.86
5.98
1.67
2.2
1.96
1.97
2.44
2.43
- -
Return on Capital (%)
2.16
4.4
2.95
3.66
3.52
3.76
6.46
1.25
3.91
5.03
2.82
2.93
2.75
- -
Return on Common Equity (%)
6.54
7.46
4.47
4.69
4.66
4.76
8.59
1.23
4.43
5.84
3.35
3.43
3.2
- -

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
448
421
331
LT Borrowings
312
167
212
LT Finance Leases
- -
1
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,433
1,433
1,433
Market Capitalization
3,621
3,968
2,923

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
591
431
425
Cash, Cash Equivalents & STI
254
179
168
Accounts Receivable, Net
147
46
95
Inventories
189
181
162
Total Current Liabilities
682
679
639
Payables & Accruals
- -
- -
- -
ST Debt
448
421
331
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.17%
2.97%
2.69%
Free Cash Flow
21.66%
14.69%
23.3%
Net Income, GAAP
29.09%
52.95%
-4.21%
Sales/Revenue/Turnover
3.13%
4.44%
6.93%
Total Cash Common Dividend
- -
- -
12.5%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
732
2025
- -
- -
783
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.2
2025
- -
- -
0.19
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.04
2026
- -
- -
- -

Company Description

CEO
Zai Jie Eu
Full Time Employees
496
Sector
Finance
Industry
Real estate development
Address
50 Raffles Place Singapore CE Singapore 048623
IPO Date
Jul 21, 2009
Business
Singapore Land Group Limited, formerly known as United Industrial Corporation Limited (UIC), is a premier real estate company headquartered in Singapore, founded in 1963. The company operates primarily in property investment, development, and management across multiple asset classes including commercial office buildings, retail properties, residential developments, and hotels. Its portfolio features landmark properties such as Singapore Land Tower, Marina Square, SGX Centre, UIC Building, The Gateway, Tampines Plaza 1 & 2, and West Mall, with operations extending beyond Singapore to investments in China and the United Kingdom. The company also has a technology operations segment providing information technology services alongside its core real estate activities. Singapore Land Group’s core products and services include property investment and trading, property management, hotel operations, and technology solutions. The property investment segment involves leasing commercial office and retail spaces, while property trading encompasses development projects aimed at capital appreciation. Hotel operations include managing hospitality assets integrated within its property portfolio. The technology operations segment supports internal systems and client-facing IT services, complementing the group’s real estate business. In the last 1-2 years, Singapore Land Group has undertaken a significant rebranding from United Industrial Corporation Limited to its current name, reflecting a strategic emphasis on integrated real estate solutions and sustainable urban development. The company completed a major asset enhancement initiative of the iconic Singapore Land Tower with a S$160 million makeover aimed at improving tenant experience and leasing prospects by the end of 2024. In December 2025, it announced the acquisition of a S$99.1 million land parcel at 6 Raffles Boulevard within the Marina Square complex, signaling expansion in its prime Singapore commercial property portfolio. For the financial year ended 31 December 2024, the group reported a net profit attributable to equity holders of S$284.2 million on revenue of S$732.4 million, reflecting steady growth and operational resilience. Singapore Land Group serves institutional investors, corporate tenants, retail consumers, and hospitality clientele, operating principally within Singapore’s highly regulated real estate sector with diversified exposure to selective overseas markets. The company is a longstanding listed entity on the Singapore Exchange (SGX: U06) since 1971 and is recognized for its comprehensive property management capabilities and its commitment to sustainable development practices, fostering inclusive environments that enhance community value. This comprehensive portfolio and strategic moves position Singapore Land Group Limited as a leading integrated real estate investment and development company in Southeast Asia with a growing footprint and enhanced asset quality in its core markets.