Industry Revenues:

• Automotive: 60%
• Financial Services: 20%
• Heavy Industry: 10%
• Real Estate: 5%
• Other: 5%

TOP 3 Markets:

• Indonesia: 45%
• Singapore: 25%
• Malaysia: 15%

Jardine Cycle & Carriage Limited generates the majority of its revenues from the automotive industry, which is attributed to its strong presence in the Asian market and the demand for vehicles. Indonesia is the largest market for the company, followed by Singapore and Malaysia, highlighting the strategic importance of these regions for the business. The diversification into financial services and heavy industry demonstrates the company's efforts to expand its sources of income and diversify risks.

Production Sites: Southeast Asia (especially Indonesia, Malaysia, Vietnam)

Jardine Cycle & Carriage Limited is a diversified company mainly operating in Southeast Asia. It is known for its investments in the automotive sector, particularly in Indonesia through its subsidiary Astra International. The production and assembly of vehicles and other products mainly take place in Indonesia, Malaysia, and Vietnam, where the company has significant production capacities. This strategic positioning enables Jardine Cycle & Carriage to benefit from the growing markets in the region.

Focus on Sustainability and Electromobility

Expansion in Southeast Asia

Diversification of Business Segments

Jardine Cycle & Carriage Limited pursues a strategy that strongly focuses on sustainability and promoting electromobility. The company invests in the development and distribution of electric vehicles to meet the growing environmental requirements and increasing demand for eco-friendly transportation solutions.

Additionally, the company is focusing on expanding into the Southeast Asian markets. This region offers significant growth potential due to increasing urbanization and the rising need for mobility solutions.

Another strategic focus is on diversifying business segments. Jardine Cycle & Carriage Limited is expanding its portfolio through investments in related sectors to strengthen its market position and tap into new revenue sources.

Main Imported Raw Materials/Components:

• Automotive parts and components
• Raw materials for automotive production

Main Import Countries:

• Japan
• South Korea
• China

Jardine Cycle & Carriage Limited, as a significant player in the automotive sector, mainly imports automotive parts and components needed for vehicle assembly and distribution. These parts are primarily sourced from Japan, South Korea, and China, as these countries are leading in the production of automotive parts and maintain close trade relations with Singapore.

The company's import strategy is focused on sourcing high-quality components at competitive prices to ensure the efficiency and quality of their vehicle assembly.

Market share in Southeast Asia: 25% (2024, estimated)
EBITDA margin: 12% (2024)
Return on Equity (ROE): 15% (2024)

Jardine Cycle & Carriage Limited has a significant competitive advantage in the Southeast Asian region, particularly due to its strong market presence and access to a broad network of subsidiaries and investments. The company benefits from its diversification across various sectors such as automotive, real estate, and agriculture, making it resilient to market fluctuations.

The EBITDA margin of 12% indicates solid operational efficiency, while the Return on Equity of 15% suggests effective utilization of equity. These metrics indicate that Jardine Cycle & Carriage is capable of generating sustainable profits while also investing in new business opportunities.

Furthermore, the strategic partnership with the Jardine Matheson Group strengthens the company's position by providing access to additional resources and expertise. All of this combined gives Jardine Cycle & Carriage a strong competitive advantage in a dynamic and challenging market environment.

Institutional Investor Share: 45% (estimated, 2025)
Insider Buys/Sells: No significant transactions in the last year (2024)

The institutional investor share in Jardine Cycle & Carriage Limited is estimated to be around 45%. This demonstrates the confidence of large investors in the company's stability and growth potential.

There were no significant insider buys or sells in the past year, indicating a stable assessment of the company's value by management. This can be interpreted as a sign that the management has confidence in the company's future development.

Market Share of Jardine Cycle & Carriage Limited: Estimated 5% (2025, based on regional market shares in the automotive sector in Southeast Asia)

Top Competitors and their Market Shares:

1. Toyota Motor Corporation: 15%
2. Honda Motor Co., Ltd.: 12%
3. Hyundai Motor Company: 10%
4. Nissan Motor Co., Ltd.: 8%
5. Mitsubishi Motors Corporation: 6%
6. Jardine Cycle & Carriage Limited: 5%
7. Mazda Motor Corporation: 4%
8. Suzuki Motor Corporation: 3%
9. Kia Corporation: 3%
10. Daihatsu Motor Co., Ltd.: 2%

Jardine Cycle & Carriage Limited is a significant player in the automotive sector in Southeast Asia, especially through its stakes in Astra International in Indonesia. The company's moat mainly consists of its strong regional presence and strategic partnerships that enable it to benefit from the growing demand in these markets.

Compared to global automakers like Toyota or Honda, which have extensive research and development resources and a strong global brand presence, Jardine Cycle & Carriage's moat is rather regionally limited. These global companies often have a technological and brand-related advantage that gives them a broader and deeper moat.

Nevertheless, Jardine Cycle & Carriage offers a significant advantage in Southeast Asia through its local market knowledge and ability to adapt to regional conditions. This can be seen as a specialized moat, albeit less deep in a global comparison.

Revenue Growth: 8.2% (2024) Profit Growth: 6.5% (2024) Market Share in Southeast Asia: 12% (2024)

Jardine Cycle & Carriage Limited recorded a revenue growth of 8.2% in 2024, indicating a solid performance in its core markets in Southeast Asia. The company benefits from a strong market position, especially in the automotive sector, and has expanded its market share in the region to 12%.

Diversification into various business segments, including automotive distribution, financial services, and infrastructure, provides some stability and risk mitigation. The company's growth strategy, focusing on expansion and innovation, could generate long-term positive returns for investors.

Analysts see the stable economic development of Southeast Asian markets and the strategic direction of Jardine Cycle & Carriage Limited as positive factors that position the company well for future growth. Therefore, the stock could be an attractive investment for investors interested in long-term engagements in the region.

Dividend Yield: 4.2% (2025, estimated)
Dividend History: Constant payout over the last 5 years

Jardine Cycle & Carriage Limited has been paying a constant dividend in recent years, indicating a reliable dividend policy. The estimated dividend yield for 2025 is around 4.2%, which can be considered attractive compared to other companies in the industry.

The company has a strong financial foundation and diversified business operations that contribute to the stability of dividend payments. Analysts expect that Jardine Cycle & Carriage Limited will also be able to maintain a constant dividend in the coming years, provided that no significant economic or company-specific challenges arise.