Share this postEmerging Market SkepticSingapore Stocks: The Edge Billion Dollar Club 2024 Award WinnersCopy linkFacebookEmailNotesMoreSingapore Stocks: The Edge Billion Dollar Club 2024 Award WinnersSingapore listed stocks who won the following metric categories by sector: growth in profit after tax, returns to shareholders, weighted return on equity & overall sector winner.Dec 19, 2024∙ Paid2Share this postEmerging Market SkepticSingapore Stocks: The Edge Billion Dollar Club 2024 Award WinnersCopy linkFacebookEmailNotesMore2Share

Since 2017, The Edge Singapore Billion Dollar Club (sponsored by local business newspaper The Edge Singapore) has become “one of the most prestigious events” in the region focused on “recognizing and celebrating excellence” among companies listed on the Singapore Exchange Limited (SGX: S68 / FRA: SOU / SOUU / OTCMKTS: SPXCF / SPXCY) with the most recent event being held back in early November.

Once again, I realize these sorts of award events are often paid-for and sponsored corporate PR events that don’t mean much. However, this one is a little different as it recognizes Singapore-listed companies (some winners are based elsewhere or operate regionally or globally, but have a listing on the Singapore Exchange) that have done better than their industry sector peers in three key metrics (see their Methodology here):

• Highest Returns to Shareholders Over Three (3) Years

• Highest Growth in Profit After Tax Over Three (3) Years Award

• Highest Weighted Return on Equity Over Three (3) Years Award

• Overall Sector Winner

You can decide for yourself whether or not any calculations for these awards are reasonably accurate…

Winners in the Billion Dollar Club (BDC) are those with a market cap that is above $1 billion (I assume this is in Singapore dollars…) while the Centurion Club recognizes companies with a market value of between $100 million and $1 billion:

BILLION DOLLAR CLUB (BDC) AWARDSCENTURION CLUB (CC) AWARDS

We did a post for 2023 winners last year plus a recent post covering The Edge Billion Ringgit Club 2024 for Malaysia listed or based stocks:

• Singapore Stocks: The Edge Billion Dollar Club 2023 Award Winners (December 2023)

• Remembering the CLOB Stock Trading Fiasco + The Edge Billion Ringgit Club (BRC) 2024 Award Winners (December 2024)

The rest of this post is organized as follows:

* Note: For paid subscribers on a desktop (non-mobile) browser (I am not sure about the Substack App…), an autogenerated Substack table of contents with the industry/sector, stock, and awards will appear as small lines on the left side of the desktop browser. I can only add those links a Table of Contents within a post AFTER a post is published and emailed out (which I will do within a few hours…).

Contents

• Billion Dollar Club

  • COMPANY OF THE YEAR

    • DBS Group

  • Best ESG Risk Ratings

    • City Developments Limited

  • Automobiles & Auto Parts + Transportation

    • Singapore Airlines

      • Highest Returns to Shareholders Over Three (3) Years

    • Comfortdelgro Corporation

      • Highest Growth in Profit After Tax Over Three (3) Years Award / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

  • Banking & Investment Services + Fintech & Infrastructure + Insurance

    • DBS Group

      • Highest Returns to Shareholders Over Three (3) Years / Highest Growth in Profit After Tax Over Three (3) Years Award / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

  • Chemicals + Industrial Goods + Utilities + Shipbuilding

    • Yangzijiang Shipbuilding Holdings

      • Highest Returns to Shareholders Over Three (3) Years

    • Singapore Technologies Engineering Ltd

      • Highest Growth in Profit After Tax Over Three (3) Years Award / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

  • Consumer Goods Conglomerates + Cyclical Consumer Services + Retailers

    • Keppel Ltd

      • Highest Returns to Shareholders Over Three (3) Years

    • Jardine Cycle & Carriage

      • Highest Growth in Profit After Tax Over Three (3) Years Award

    • The Hour Glass

      • Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

  • Food & Beverages + Food & Drug Retailing

    • Bumitama Agri Ltd

      • Highest Returns to Shareholders Over Three (3) Years / Highest Growth in Profit After Tax Over Three (3) Years Award / Overall Sector Winner

    • Sheng Siong Group

      • Highest Weighted Return on Equity Over Three (3) Years Award

  • Healthcare Services + Pharmaceuticals & Medical Research

    • Tianjin Pharmaceutical Da Ren Tang Group

      • Highest Returns to Shareholders Over Three (3) Years / Overall Sector Winner

    • Haw Par Corporation

      • Highest Growth in Profit After Tax Over Three (3) Years Award

    • Riverstone Holdings

      • Highest Weighted Return on Equity Over Three (3) Years Award

  • Real Estate Companies

    • GuocoLand

      • Highest Returns to Shareholders Over Three (3) Years / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

    • Singapore Land Group Ltd

      • Highest Growth in Profit After Tax Over Three (3) Years Award

  • Real Estate Investment Trusts (REITs)

    • AIMS APAC REIT

      • Highest Returns to Shareholders Over Three (3) Years

    • CapitaLand Integrated Commercial Trust

      • Highest Growth in Profit After Tax Over Three (3) Years Award

    • Keppel DC REIT

      • Highest Weighted Return on Equity Over Three (3) Years Award

    • Frasers Centrepoint Trust

      • Overall Sector Winner

  • Technology Equipment + Telecommunications Services

    • Singapore Telecommunications Ltd

      • Highest Returns to Shareholders Over Three (3) Years / Highest Growth in Profit After Tax Over Three (3) Years Award / Overall Sector Winner

    • StarHub

      • Highest Weighted Return on Equity Over Three (3) Years Award

  • Super Big Cap Companies (Top 10% Market Capitalisation)

    • DBS Group

      • Highest Returns to Shareholders Over Three (3) Years / Highest Growth in Profit After Tax Over Three (3) Years Award / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

• Centurion Club

  • COMPANY OF THE YEAR

    • Cortina Holdings

  • Applied Resources + Chemicals + Energy – Fossil Fuels + Mineral Resources + Renewable Energy + Utilities

    • Dyna-Mac Holdings Ltd

      • Highest Returns to Shareholders Over Three (3) Years

    • China Sunsine Chemical Holdings

      • Highest Growth in Profit After Tax Over Three (3) Years Award

    • Geo Energy Resources

      • Highest Weighted Return on Equity Over Three (3) Years Award

    • Pan-United Corporation Ltd

      • Overall Sector Winner

  • Automobiles & Auto Parts + Transportation + Marine Freight & Logistics

    • Samudera Shipping Line

      • Highest Returns to Shareholders Over Three (3) Years / Highest Growth in Profit After Tax Over Three (3) Years Award / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

  • Banking & Investment Services + Collective Investments + Fintech & Infrastructure + Insurance

    • Sing Investments & Finance

      • Highest Returns to Shareholders Over Three (3) Years / Highest Growth in Profit After Tax Over Three (3) Years Award / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

  • Cyclical Consumer Products + Cyclical Consumer Services + Personal & Household Products & Services

    • Hafary Holdings Ltd

      • Highest Returns to Shareholders Over Three (3) Years / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

    • BRC Asia Limited

      • Highest Growth in Profit After Tax Over Three (3) Years Award

    • Stamford Land

      • Highest Growth in Profit After Tax Over Three (3) Years Award

  • Food & Beverages + Food & Drug Retailing + Retailers

    • Cortina Holdings

      • Highest Returns to Shareholders Over Three (3) Years / Highest Growth in Profit After Tax Over Three (3) Years Award / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

  • Healthcare Services

    • ISEC Healthcare Ltd

      • Highest Returns to Shareholders Over Three (3) Years / Highest Growth in Profit After Tax Over Three (3) Years Award / Overall Sector Winner

    • TalkMed Group Ltd

      • Highest Weighted Return on Equity Over Three (3) Years Award

  • Holding Companies + Industrial & Commercial Services + Industrial Goods

    • Civmec Ltd

      • Highest Returns to Shareholders Over Three (3) Years / Overall Sector Winner

    • Sinar Mas Land Ltd

      • Highest Growth in Profit After Tax Over Three (3) Years Award

    • Vicom Ltd

      • Highest Weighted Return on Equity Over Three (3) Years Award

  • Real Estate Companies

    • PropNex

      • Highest Returns to Shareholders Over Three (3) Years / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

    • Centurion Corporation Ltd

      • Highest Growth in Profit After Tax Over Three (3) Years Award

    • Tosei Corp

      • Highest Growth in Profit After Tax Over Three (3) Years Award

  • Real Estate Investment Trusts (REITs)

    • First Real Estate Investment Trust

      • Highest Returns to Shareholders Over Three (3) Years

    • United Hampshire US REIT

      • Highest Growth in Profit After Tax Over Three (3) Years Award /

        Overall Sector Winner

    • Sasseur Real Estate Investment Trust

      • Highest Weighted Return on Equity Over Three (3) Years Award

  • Software & IT Services + Technology Equipment

    • Azeus Systems Holdings

      • Highest Returns to Shareholders Over Three (3) Years / Highest Weighted Return on Equity Over Three (3) Years Award / Overall Sector Winner

    • Aztech Global

      • Highest Growth in Profit After Tax Over Three (3) Years Award

To make your life easier, the rest of this post has a much shorter stock description (from our Oceania & Southeast Asia Stock Index) to make the whole post easier to skim through and includes:

• Industry/sector group, the name of the stock, then the specific award categories won within the industry/sector group.

• The linked headline to and excerpt from a detailed article from The Edge about the individual stock and why it received the award.