Jardine Matheson Holdings Limited

SGX:J36 Stock Report

Market Cap: US$19.6b

Jardine Matheson Holdings Past Earnings Performance

Past criteria checks 4/6

Jardine Matheson Holdings's earnings have been declining at an average annual rate of -12.8%, while the Industrials industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 0.7% per year. Jardine Matheson Holdings's return on equity is 2.8%, and it has net margins of 0.3%.

Key information

-12.75%

Earnings growth rate

-13.32%

EPS growth rate

Industrials Industry Growth14.32%
Revenue growth rate0.72%
Return on equity2.75%
Net Margin0.28%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

Investors Appear Satisfied With Jardine Matheson Holdings Limited's (SGX:J36) Prospects

Oct 27
Investors Appear Satisfied With Jardine Matheson Holdings Limited's (SGX:J36) Prospects

Does Jardine Matheson Holdings (SGX:J36) Have A Healthy Balance Sheet?

Aug 25
Does Jardine Matheson Holdings (SGX:J36) Have A Healthy Balance Sheet?

Jardine Matheson Holdings Limited (SGX:J36) Investors Are Less Pessimistic Than Expected

Jul 27
Jardine Matheson Holdings Limited (SGX:J36) Investors Are Less Pessimistic Than Expected

Is There An Opportunity With Jardine Matheson Holdings Limited's (SGX:J36) 28% Undervaluation?

May 14
Is There An Opportunity With Jardine Matheson Holdings Limited's (SGX:J36) 28% Undervaluation?

Shareholders Should Be Pleased With Jardine Matheson Holdings Limited's (SGX:J36) Price

Apr 27
Shareholders Should Be Pleased With Jardine Matheson Holdings Limited's (SGX:J36) Price

Jardine Matheson Holdings (SGX:J36) Has A Somewhat Strained Balance Sheet

Apr 07
Jardine Matheson Holdings (SGX:J36) Has A Somewhat Strained Balance Sheet
User avatar

Mandarin Oriental Will Expand Asset-Light Strategy To Double Management Portfolio

Jardine Matheson's focus on leadership and shareholder-aligned incentives aims to boost long-term growth, improving management efficiency and net margins.

Why Investors Shouldn't Be Surprised By Jardine Matheson Holdings Limited's (SGX:J36) Low P/S

Jan 15
Why Investors Shouldn't Be Surprised By Jardine Matheson Holdings Limited's (SGX:J36) Low P/S

Is Jardine Matheson Holdings Limited (SGX:J36) Worth US$45.5 Based On Its Intrinsic Value?

Dec 05
Is Jardine Matheson Holdings Limited (SGX:J36) Worth US$45.5 Based On Its Intrinsic Value?

Revenue & Expenses Breakdown

How Jardine Matheson Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SGX:J36 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2535,5771006,3240
31 Mar 2535,678-1846,2980
31 Dec 2435,779-4686,2710
30 Sep 2435,451-1946,2540
30 Jun 2435,122806,2370
31 Mar 2435,5863836,2700
31 Dec 2336,0496866,3030
30 Sep 2336,7385926,3030
30 Jun 2337,4264976,3020
31 Mar 2337,4614266,3080
31 Dec 2237,4963546,3130
30 Sep 2237,0721,3886,3350
30 Jun 2236,6472,4216,3570
31 Mar 2236,2552,1516,3320
31 Dec 2135,8621,8816,3070
30 Sep 2135,0481,0736,3840
30 Jun 2134,2332646,4600
31 Mar 2133,440-656,5200
31 Dec 2032,647-3946,5800
30 Sep 2034,652-2926,6010
30 Jun 2036,656-1916,6220
31 Mar 2038,7891,3246,7100
31 Dec 1940,9222,8386,7980
30 Sep 1941,1472,9606,8230
30 Jun 1941,3723,0816,8480
31 Mar 1941,9502,4026,8280
31 Dec 1842,5271,7226,8070
30 Sep 1841,9102,1936,7430
30 Jun 1841,2922,6646,6780
31 Mar 1840,0203,3046,5820
31 Dec 1738,7483,9436,4850
30 Sep 1738,2783,8186,3310
30 Jun 1737,8083,6936,1760
31 Mar 1737,4303,0986,1030
31 Dec 1637,0512,5036,0300
30 Sep 1636,6582,2895,9760
30 Jun 1636,2642,0755,9210
31 Mar 1636,6361,9375,9310
31 Dec 1537,0071,7995,9410
30 Sep 1538,0661,7005,9950
30 Jun 1539,1251,6006,0490
31 Mar 1539,5231,6556,0110
31 Dec 1439,9211,7105,9730

Quality Earnings: J36 has a large one-off loss of $1.9B impacting its last 12 months of financial results to 30th June, 2025.

Growing Profit Margin: J36's current net profit margins (0.3%) are higher than last year (0.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: J36 has become profitable over the past 5 years, growing earnings by -12.8% per year.

Accelerating Growth: J36's earnings growth over the past year (25%) exceeds its 5-year average (-12.8% per year).

Earnings vs Industry: J36 earnings growth over the past year (25%) exceeded the Industrials industry 13.1%.


Return on Equity

High ROE: J36's Return on Equity (2.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/27 01:39
End of Day Share Price 2025/11/27 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Jardine Matheson Holdings Limited is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Boon Chong TngCGS International
Shui Lung ChoiCitigroup Inc
Leif EskesenCLSA