ASX Share rice
Fri 07 Aug 2020 - 07:35:am (Sydney)

MQG Share Price

MACQUARIE GROUP LIMITEDMQGDiversified Financials

MQG Company Information

Name:

Macquarie Group Limited

Sector:

Financial Services

Industry:

Capital Markets

GIC Industry:

Capital Markets

GIC Sub Industry:

Diversified Capital Markets

Address:

50 Martin Place Sydney NSW Australia 2000

Phone:

61 2 8232 3333

Full Time Employees:

15849

CEO, MD & Exec. Voting Director:

Ms. Shemara R. Wikramanayake B.Com., L.L.B., LLB, BCom (UNSW)

CFO, Head of Financial Mgt Group & Exec. Chairman of Macquarie Group, Asia:

Mr. Alexander Harms Harvey

Exec. Director, Global COO & Group Head of Corp. Operations Group:

Ms. Nicole Sorbara

Head of Banking & Financial Services Group and Deputy MD:

Mr. Gregory Colin Ward B.Ec., FCA, M.Ec., F Fin

Head of Commodities & Global Markets:

Mr. Nicholas O'Kane

Company Overview:

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CMG), and Macquarie Capital segments. The MAM segment is involved in the asset management business, which specializes in the infrastructure and renewables, real estate, agriculture, transportation finance, private credit, equities, fixed income, and multi-asset solutions. The BFS segment offers personal banking products comprising home loans, credit cards, transaction and savings accounts, and vehicle finance; and wrap platform and cash management, financial advisory, and private banking and stockbroking services, as well as investment and superannuation products. It also provides deposit, lending, and payment solutions, as well as services to business clients, such as sole practitioners to corporate professional firms. The CGM segment offers products in the areas of equities, fixed income, foreign exchange, commodities and technology, media, and telecoms. The Macquarie Capital segment provides advisory and capital raising services. The company was founded in 1969 and is headquartered in Sydney, Australia.

MQG Share Price Information

Shares Issued:

365.46M

Market Capitalisation:

$45.65B

Dividend per Share:

$4.3

Ex Dividend Date:

2020-05-18

Dividend Yield:

3.44%

Revenue (TTM):

$12.33B

Revenue Per Share (TTM):

$37

Earnings per Share:

$7.645

Profit Margin:

0.2215

Operating Margin (TTM):

$0.28

Return On Assets (TTM):

$0.01

Return On Equity (TTM):

$0.14

Quarterly Revenue Growth (YOY):

-0.116

Gross Profit(TTM):

$12.33B

Diluted Earnings Per Share (TTM):

$7.645

QuarterlyEarnings Growth(YOY):

-0.282

MQG CashFlow Statement

CashFlow Date:

2020-03-31

Investments:

$-2,745,000,000

Change To Liabilities:

$0

Total Cashflow From Investing Activities:

$-2,745,000,000

Net Borrowings:

$-429,000,000

Net Income:

$2.73B

Total Cash From Operating Activities:

$1.20B

Dividends Paid:

$-2,122,000,000

Sale Purchase Of Stock:

$-607,000,000

Capital Expenditures:

$1.17B

MQG Income Statement

Income Date:

2020-03-31

Income Before Tax:

$3.45B

Net Income:

$2.73B

Gross Profit:

$5.84B

Operating Income:

$-4,842,000,000

Other Operating Expenses:

$2.29B

Interest Expense:

$3.30B

Income Tax Expense:

$728M

Total Revenue:

$5.84B

Total Operating Expenses:

$10.68B

MQG Balance Sheet

Balance Sheet Date:

2020-03-31

Intangible Assets:

$1.55B

Total Liabilities:

$234.02B

Total Stockholder Equity:

$21.06B

Other Current Liabilities:

$35.24B

Total Assets:

$255.80B

Common Stock:

$9.30B

Other Current Assets:

$48.37B

Retained Earnings:

$10.44B

Other Liabilities:

$2.43B

Good Will:

$1.72B

Other Assets:

$96.59B

Cash:

$9.72B

Total Current Liabilities:

$144.72B

Property - Plant & Equipment:

$5.04B

Net Tangible Assets:

$17.80B

Long-Term Investments:

$17.25B

Total Current Assets:

$127.92B

Long-Term Debt:

$89.06B

Net Receivables:

$3.41B

Short-Term Investments:

$127.89B

Accounts Payable:

$1.72B

Non Currrent Assets (Other):

$6.87B

Short-Term Investments:

$127.89

Non Current Liabilities (Other):

$8.03B

Non Current Liabilities Total:

$89.30B

MQG Share Price History

MQG News

30 Jul, 2020
Australia's Macquarie Group on Thursday reported a lower first-quarter profit and continued to withhold earnings guidance for fiscal 2021, warning that the impact of the global pandemic would challenge each of its units. The company did not disclose a figure, but said the profit contribution from its operating groups was slightly below a year ago, as lower investment income and ongoing provisions for expected losses in its financing business hurt performance. Market conditions were likely to remain challenging due to the global fallout from COVID-19 and the uncertain economic recovery, the bank said.
27 Jul, 2020
Comcast unit SKY, utility A2A and state agency Invitalia are considering investing in an Italian single ultra-fast broadband network, two sources told Reuters, as Rome steps up efforts to close the digital gap with the rest of Europe. Former phone monopoly Telecom Italia (TIM), partly owned by state lender CDP, has been in talks for months over a merger of its fibre assets with those of smaller rival Open Fiber, controlled by Italian utility Enel and CDP. To end the stalemate, Economy Minister Roberto Gualtieri asked TIM and Enel to sign a Memorandum of Understanding (MOU) by the end of July, Reuters exclusively reported on July 11.
21 Jul, 2020
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Macquarie Bank Limited and other ratings that are associated with the same analytical unit. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.
09 Jul, 2020
Full Year 2020 Macquarie Group Ltd Earnings Call
30 Jun, 2020
UBS, long the dominant bank in Australian equities markets, has closed this half-year outside the top three for the first time in 15 years, even as a rush of coronavirus-related share sales have generated bumper investment banking fees. Its slide to fourth place in the equity capital markets (ECM) league table has been attributed by rivals to the departure of a number of senior bankers from the Australian operations, which have opened the way for rivals to target mandates traditionally dominated by UBS. Such is the Swiss bank's dominance in Australia, it has only finished the year off the ECM top spot once in the past 15 years.
11 Jun, 2020
A group of bondholders of LATAM Airlines Group SA is in talks to supply up to $1.5 billion in a debtor-in-possession loan within the Chapter 11 proceeding in the United States, two people with knowledge of the matter said on Thursday. Bondholders including Blackrock Inc, Australia's Macquarie Group, HSBC and Chile's Moneda Asset Management, are informally discussing the issue with investment bank Moelis & Co. LATAM, the bondholders and Moelis did not immediately comment on the matter.
(Bloomberg) -- Chinese tech firms are expanding their footprint in Hong Kong even as the pandemic prompts some banks to consider scaling back in the world’s most expensive office market.TikTok owner ByteDance Ltd. and Alibaba Group Holding Ltd. have signed leases to add office space in Hong Kong, according to people familiar with the matter who asked not to be identified as the matter is private.ByteDance took out a three-year lease on about 3,000 square feet (279 square meters) of space in Causeway Bay’s Times Square, according to a person familiar. Alibaba has also signed up for one more floor spanning approximately 17,000 square feet in the same building, one of the people said. The firm currently leases three floors and a dozen more units.Representatives for ByteDance and Alibaba declined to comment.The new leases underscore the twin tech giants’ ambition to broaden their global footprint, as growth in their home market slows. While ByteDance is looking for the next global hit to replicate TikTok’s success in online entertainment, Alibaba’s divisions including e-commerce and cloud computing are tapping overseas clients and customers.Bytedance’s valuation has surged to more than $100 billion in recent private share transactions, as investor confidence in the popular TikTok video platform grows. The company previously laid out an aggressive expansion plan of providing 40,000 new jobs in 2020. Those include two Hong Kong-based positions for crafting content policies, according to ByteDance’s job referral site.Bank OfficesThe expansion of the Chinese tech giants comes as some financial firms reassess their office needs with so many staff working from home. The city is also mired in its deepest recession on record, and faces growing tension over a new security law proposed by China.In March, Nomura Holdings Inc. said it will cut its space in Two International Finance Centre when a new lease takes effect at the start of 2021. Macquarie Group Ltd. is handing back space in One International Finance Centre that the Australian investment bank had sublet to a co-working provider.As companies look to cut costs, demand for office space has declined. The average vacancy rate across the city’s major business areas rose to 7.2% in April, the highest since October 2009, according to Jones Lang LaSalle Inc. Meanwhile, rents dropped 3% in April from March, the property agency said.Hong Kong’s Central district has the world’s highest rents for office space, averaging $313 per square foot, topping New York’s Midtown and London’s West End, data from JLL show.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
08 Jun, 2020
(Bloomberg Opinion) -- I returned to the office this week, joining thousands of bankers from Citigroup Inc. to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, it's going to take some getting used to.The easing of coronavirus lockdowns heralds the beginning of the end for the world's greatest work-from-home experiment. Perhaps. Twitter Inc. will let employees work from home permanently even after the outbreak recedes, while others such as Google have said staff should expect to stay away for the rest of the year. The upheaval caused by the pandemic has caused many to question whether we will ever return to business as usual, giving rise to headlines such as “the death of the office.” I have my doubts.My initial reaction at being told to stay home in January was panic. With two teenage daughters about to start online schooling and a husband who would also need to work from home, I struggled to see how our crowded 47th-floor apartment would cope. I’d had a taste already, when the office became all but inaccessible for several days during the height of Hong Kong’s protests last year, so I knew what we were facing. Over the following, fractious few months, I have jostled for space on the dining table, mediated disputes between the girls, and tussled over the yoga mat — a crucial stretching prop for laptop-induced shoulder strains, as well as an essential accessory for online PE classes.Somewhere along the line, I grew to like it. I'll miss the home-work experience, when it finally ends (like many other companies in Hong Kong, our return is on a split-team basis, so we aren’t back at the office full-time yet). The family has bonded more tightly as a result. I’ve grown accustomed to the home-office rhythm, acquiring some admittedly unhealthy habits along the way — such as snacking on Cheetos, bingeing on TV news channels, and reading the obituaries.I’m in the minority, though. We’re fortunate in having more living space than most. In a city such as Hong Kong, which is densely packed with tiny apartments, it’s simply not viable for many people to work from home indefinitely. The average apartment size is 40 square meters (430 square feet) compared with 137 square meters in New York City, according to Jones Lang LaSalle Inc. Many employees just don’t have the room to set up a home office. And living in such cramped quarters, they need to get out regularly. The cost-benefit equation for Hong Kong is skewed. With urban areas being closely packed and the subway system efficient, getting to the office is quick and easy for most people. It may be a different story in the U.S., where cities sprawl into the suburbs, commute times may be long, and public transport is often less reliable. Or in Asian metropolises such as Mumbai, which is densely packed but plagued with horrendous traffic congestion and a  more than 150-year-old train network that make suburban working attractive.That’s not to suggest that Hong Kong will escape any long-term impact from Covid. Macquarie Group Ltd. is among companies that have already decided to cut space in the city’s skyscrapers. Other financial services firms can be expected to follow.Still, there are many office jobs that can’t be done remotely. At most, 30% of bank employees in the city can work from home, Bloomberg Intelligence analyst Francis Chan estimates. “In industries that thrive on information flow and speed, like sales and trading, you may see back offices and compliance work from home but traders will likely have to go back even if they already have three screens at home,” said Parijat Banerjee, a financial services consultant at Singapore-based Greenwich Associates.In any case, most people don’t want to get rid of the workplace, HSBC Holdings Plc analysts James Pomeroy and Davey Jose wrote in a report titled "Leaving the City." They just don’t want to be there all the time. That broad conclusion applies across all developed markets where the technology is adequate to enable remote working, Pomeroy said.Ultimately, offices are more than just a place to do business — like the cities that surround them, they are meeting points for social and cultural exchanges. Humans are social animals, and we need more contacts than those our immediate family provide.That’s a thought that resonated with me this week as I surveyed the near-deserted pantry at Bloomberg’s central Hong Kong offices, a space that was typically heaving with people and animated conversations before the pandemic. A return to normality can’t come soon enough. (Corrects the seventh paragraph to remove a reference to Nomura reducing space, a decision that was taken before the Covid pandemic.)This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
03 Jun, 2020
Australian investment bank Macquarie Group is giving up a major portion of space it leases at One IFC, one of the most expensive office buildings in Hong Kong, as finance firms rethink their office needs in the city and look to save costs in an uncertain economy.Macquarie will surrender 13 out of 16 units on the 20th floor before the end of September, according to Land Registry documents.That space, amounting to about 17,000 square feet, had been sublet to The Executive Centre since 2015, which the co-working space operator will lease directly from the landlord from October, people familiar with the matter told the Post.None of the Sydney-based bank's 500 employees use the space that is being given up, they added.Macquarie is Australia's top investment bank. Photo: Reuters alt=Macquarie is Australia's top investment bank. Photo: ReutersIn March, Nomura Holdings, Japan's biggest investment bank and brokerage, decided to downsize its space in the neighbouring Two IFC when a new lease starts next year.Investors pile pressure on Hong Kong office sellers as they expect proposed national security law to depress prices furtherOffice vacancy rates in Hong Kong reached 7.3 per cent in the first quarter, a 10-year high, according to Colliers International.Hong Kong's economy shrank 8.9 per cent last quarter from a year earlier, the worst on record, because of the serious and sustained impact of the coronavirus pandemic. And rising tensions between the United States and China over Beijing's could further dampen business sentiment. Last Saturday, Trump said that he would revoke Hong Kong's special customs status, in response to China's plan to introduce a national security law for the city.According to documents lodged with the Land Registry, Macquarie had initially leased six floors " 18 to 23 " in One IFC in June 2008, but gave up two floors " 19 and 21 " when it renewed the lease in 2014. The rent for these four floors then stood at HK$9.42 million (US$1.2 million) per month. Last October, the bank extended the lease for an undisclosed rent.Data from CBRE shows that the average rents in May for One IFC and Two IFC stood at HK$175 and HK$185 per sq ft a month, respectively.This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2020 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2020. South China Morning Post Publishers Ltd. All rights reserved.
26 May, 2020
(Bloomberg) -- The list of Intel Corp.’s annual supplier award winners tends to read like a who’s-who of the semiconductor industry’s biggest names. This year, it included a little-known Japanese company whose machines have become indispensable in the race to improve semiconductors and whose stock has been rocketing up as a result.Lasertec Corp. is the world’s only maker of testing machines required to verify chip designs for the nascent extreme ultraviolet lithography (or EUV) method of chipmaking. In 2017, Lasertec solved a key piece of the EUV puzzle when it created a machine that can inspect blank EUV masks for internal flaws. Last September, it cleared another milestone by unveiling equipment that can do the same for stencils with chip designs already printed on them. This March, Intel gave the tiny Yokohama-based company an award for innovation, its first after decades of doing business together.“That’s a major milestone for us,” Lasertec President Osamu Okabayashi said in an interview. “It means a lot to be recognized this way as a supplier.”The company’s stock has soared about 550% since the start of 2019, more than twice the gain of the second-best-performing security in the benchmark Topix index. Shares increased about 4% Tuesday, pushing its rise this year to more than 60%.Intel declined to say if it was buying EUV equipment from Lasertec, which already supplies test gear to its rivals Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. The three chip fabricators are the only ones so far to announce EUV plans, because the technology is so complex and expensive. Okabayashi would only say that his company has “two or more” EUV customers.“This can be read as a sign that Lasertec’s tools are indispensable to Intel’s EUV roadmap.” said Damian Thong, an analyst at Macquarie Group Ltd.Read more: Japan’s Star Electronics Stock Will Be Vital to Intel, SamsungEUV is just entering the mass production phase after two decades in development, but investors are already betting Lasertec will be one of the key beneficiaries. The move to EUV overcomes key hurdles to shrinking manufacturing geometries of semiconductors, allowing more and smaller transistors to be crammed onto silicon. It promises to unleash another wave of gadgets that are slimmer, cheaper and more powerful.Last month, Lasertec raised its annual order forecast for the second time this year to 85 billion yen ($789 million) in the period ending June, nearly double the amount it received in fiscal 2019. The company is headed for the fourth straight year of record revenue and profits. Sales will climb 39% to 40 billion yen and profit will jump 76%, according to its estimates. And that’s likely to be just the beginning.Samsung earlier this month said it is building a 5-nanometer fabrication facility that will use EUV to make processors for applications ranging from 5G networking to high-performance computing from the second half of next year. Taiwan’s TSMC is pushing ahead with plans to adopt 3-nanometer lithography mass production in 2022 and announced plans to build an advanced fab in the U.S. Intel’s first product made using EUV is expected late next year.Their primary focus is on so-called logic processors, used to power devices and networking applications, but the new manufacturing technique will eventually filter through into the production of DRAM and other memory chips.Read more: Samsung Takes Another Step in $116 Billion Plan to Take on TSMC“Logic makers will be first to adopt EUV, with memory makers following later,” Okabayashi said. “The real volume of orders will come when they reach mass production stage. Right now it’s 7- and 5-nanometer chips. 3-nanometer is still in development stage.”Okabayashi expects each customer will probably need several of his testers, which could cost well over $40 million apiece and take as long as two years to build. A chipmaker would need at least one machine in its mask shop to make sure the stencils come out right. Another would go into a wafer fab to keep an eye on the microscopic wear and tear that result from concentrated light being projected repeatedly through the chip design stencils.“Lasertec is still trying to get a feel for this market and how big it can be,” Macquarie’s Thong said. “Their stock is moving on expectation of future orders. But there is little actual visibility on the scale of this market, so Lasertec retains a lot of capacity for surprise.”(Updates with share price in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
22 May, 2020
There’s a question whether China’s developer credit rally has run its course. But top developer Country Garden Holdings is yielding about 5% while China Evergrande’s yield is closer to 10%.
15 May, 2020
(Bloomberg Opinion) -- For BT Group Plc, two things have long been sacrosanct: the dividend and ownership of its lucrative network. In 2020, it seems, the temple walls are being torn down.Over the past few years, carriers across Europe have looked at the vast sums needed to upgrade their fiber-optic connections and roll out fifth-generation wireless networks, and then at the lofty valuations put on existing network assets. One by one, they’ve decided to raise money from the latter to fund the former. It was a puzzle why Britain’s former national telecoms operator continued to be a holdout.On Thursday, the Financial Times reported that BT is in talks to sell a stake in broadband infrastructure division Openreach in a deal that could value it at 20 billion pounds ($24 billion) — twice BT’s market value. The report came a week after the company scrapped its dividend. If true, it would reveal just how urgently the London-based firm needs cash to fund a multibillion-pound full-fiber upgrade program, honor its pension commitments and preserve its investment-grade credit rating, according to Bloomberg Intelligence analyst Matthew Bloxham. There’s also the 5G network to think about.There would be hurdles to a deal — not least, foreign ownership of Britain’s main fixed network. The FT named Australia’s Macquarie Group Ltd. and an unidentified sovereign wealth fund as the potential investors. What's more, Jansen bought 2 million pounds of shares this week — if a deal really were in the works, it's unlikely that BT's compliance team would have permitted such a trade.BT Chief Executive Officer Philip Jansen has already been making a lot of the right moves to get in shape for the challenges ahead. The abandoned dividend and a new cost-cutting program will bring savings of some 5 billion pounds over the next five years, while the U.K. government has pledged a further 5 billion pounds to accelerate the rollout of fiber optic networks. But it’s hard to look beyond the huge appetite for network infrastructure, and the valuations similar assets have attracted.Just last week, Liberty Global Plc’s British broadband business was valued at 9.3 times Ebitda (a measure of operating performance) in a deal to combine it with Telefonica SA’s local mobile unit. BT as a whole is valued at just 1.3 times earnings on the same basis. The operator might have acted sooner were it not for Chairman Jan du Plessis’s staunch opposition to any divestment. Shortly after announcing Jansen’s appointment as CEO in 2018, du Plessis told the Daily Telegraph that 100% ownership of the division was best for “BT, for Openreach and for our stakeholders.” Just last week, when asked about the possible separation of the unit, Jansen responded, “Not now.”But selling a minority stake in the unit looks like the right move to shore up the company’s balance sheet. The right price would help BT stomach the humble pie brought on by a reversal of strategy, and reassure investors that, yes, even after the network investments, one day, the dividend will return.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
China presented a mixed picture of its recovery on Friday as it reported industrial production and retail sales data for April. Industrial production increased 3.9% year-on-year, beating analyst forecasts of a 1.5% increase prepared by Investing.com. Meanwhile, retail sales slumped 7.5% year-on-year, against predictions of a 7% decrease.

MQG Dividend Payments

EX-Date Dividend Amount
2010-05-10$1.0000
2010-11-07$0.8600
2011-05-09$1.0000
2011-11-06$0.6500
2012-05-07$0.7500
2012-11-01$0.7500
2013-05-13$1.2500
2013-11-10$1.0000
2014-05-14$1.6000
2014-11-11$1.3000
2015-05-18$2.0000
2015-11-08$1.6000
2016-05-17$2.4000
2016-11-07$1.9000
2017-05-16$2.8000
2017-11-06$2.0500
2018-05-14$3.2000
2018-11-11$2.1500
2019-05-13$3.6000
2019-11-10$2.5000
2020-05-18$1.8000

MQG Dividends (last 11 Years)