- The report contains detailed information about Siem Industries Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for Siem Industries Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The Siem Industries Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes Siem Industries Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Siem Industries Inc. business.
About Siem Industries Inc.
Siem Industries Inc. (the company) was incorporated in 1980 under the laws of the Cayman Islands. The Company is the parent company of the Siem Industries Group. The Company operates as a diversified industrial holding company with current main interests in four industrial areas; the oil and gas services industry, the ocean transport of refrigerated cargoes, the ocean transport of automobiles and Swedish industrial investments through Siem Industrikapital AB. The Group also has substantial investments in different high-yield securities, concentrated in the industries where the Group has experience. Further, the Group holds a trading portfolio of equities, certain property investments, a German potash mining business, and some smaller interests within shipping and other segments.
The Company's main subsidiaries include DSND Inc., Star Reefers Inc., Siem Thoen Car Carriers Inc., Siem Industrikapital AB, Siem Acquisition and Reorganisation Fund Inc. and Siem Capital UK Ltd.
DSND Inc. is a 72.2%-owned subsidiary was consolidated in December 2002. DSND Inc. is a offshore subsea contractor for the international oil and gas industry with activities in the North Sea, Gulf of Mexico, Brazil and West Africa.
In 2002, DSND Inc and Halliburton Subsea, a business unit of Halliburton's Energy Services Group, combined their respective subsea interests in the upstream oil and gas industry in the 50/50 owned company, Subsea 7 with effect from 23rd May 2002.
STAR Reefers Inc
As of December 31, 2002, the Company owned approximately 73.4% of its issued and outstanding shares. STAR Reefers Inc., a Cayman Islands company, was established in 2001 in order to acquire shares of Swan Reefer ASA, a publicly-traded Norwegian company (ASA and AS denote publicly-traded and non-publicly-traded Norwegian companies, respectively; Swan Reefer AS will be used hereinafter to reflect the status of the company following its acquisition by Swan Reefer Inc.) (collectively, these entities are referred to as STAR).
STAR is a reefer owners and operators controlling a modern fleet of 39 owned and chartered vessels with a total capacity of 20.8 million cubic feet. The operations include the refrigerated transport of perishable commodities, such as fruits and vegetables with the shipping activities concentrated during the normal seasonal rush throughout the southern and northern hemisphere harvests.
The STAR fleet is one the most modern fleet available to charterers and shippers of fruit and other perishable food in the world. All ships are classed by Det norske Veritas and managed by Fleet Shipmanagement Ltd., Hong Kong, Dobson Shipmanagement Ltd, Cyprus and IUM Shipmanagement AS, Norway.
Caribbean Shipping Inc. (CSI), a wholly owned subsidiary, commenced operations in August 2003 after purchasing two reefer vessels.
Siem Thoen Car Carriers Inc
The Group controls 88% of Siem Thoen Car Carriers Inc. (STCC) a Cayman Island company. In August 2002, STCC acquired the three year 2000 built car carriers 'Verona', 'Dresden' and 'Mosel Ace' from companies affiliated with Thyssen Krupp AG. The vessels each have a capacity for 4,300 cars plus 400 high and heavy units. All three vessels are currently on charters to Volkswagen Transport GmBH until mid to late 2005.
Siem Offshore AS in Norway undertakes the vessels commercial management. Barber Shipmanagement Ltd. in Kuala Lumpur, Malaysia is the technical manager.
Siem Industrikapital AB
The Group holds 64% of the capital and 50% of the votes of Siem Industrikapital AB, a Swedish investment company.
Siem Industrikapital holds a number of investments in different Swedish industrial enterprises. Directly and indirectly through Shipinvest Interessenter AB, Siem Industrikapital controls approximately 28%of the votes and 15.5% of the capital of Broström AB, one of the world's major logistics companies for the oil and chemical industry, focusing on industrial product and chemical tanker shipping and marine services.
Siem Industrikapital holds approximately 31% of the Swedish group EFG European Furniture Group AB, one of Europe's major producers of office furniture. It also has significant holdings in Boule Diagnostics International AB, Gramineer International AB, Emotron AB, Opcon AB and the SRM Group AB.
In addition to its industrial holdings, the Group controls a substantial portfolio of US, UK and Norwegian equities. The most significant of these investments is a holding of approximately 1.4 million shares in Transocean Inc., the world's major offshore drilling operator. The Group further holds 10% of the Norwegian bank, Privatbanken ASA.
Further, through its subsidiary, The Siem Acquisition and Reorganisation Fund, the Group controls a sizable portfolio of high-yield securities and loan notes, mainly within the shipping and offshore sectors where the Group has its main experience.
Siem Acquisition and Reorganisation Fund, Inc. (SARF) SARF, an investment company incorporated in the Cayman Islands, was established by the Company to provide the Company and third party investors with a vehicle to originate and/or participate in the acquisition, reorganization or restructuring of investment opportunities in particular businesses experiencing distress situations. The Company owned approximately 99% of SARFs outstanding shares at the end of 2002. SARF also holds 100% of the capital of DEUSA International GmbH, a German potash producer.
Amer Reefer Co. Limited In September 2001, the Company together with Vroon B.V., acquired a total of $67,640,000 face value of bonds issued by Amer Reefer Co. Limited (ARC), a holding company for shipowning companies controlling 7 reefer vessels. The Group also has interests in two mid-sized container vessels and owns office properties in Oslo and Grimstad in Norway.
The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.
1. SIEM INDUSTRIES INC. COMPANY PROFILE
1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. SIEM INDUSTRIES INC. BUSINESS OVERVIEW
2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. SIEM INDUSTRIES INC. SWOT ANALYSIS
4. SIEM INDUSTRIES INC. FINANCIAL ANALYSIS
4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. SIEM INDUSTRIES INC. COMPETITORS AND INDUSTRY ANALYSIS
5.1. Siem Industries Inc. Direct Competitors
5.2. Comparison of Siem Industries Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Siem Industries Inc. and Direct Competitors Stock Charts
5.4. Siem Industries Inc. Industry Analysis
5.4.1. Sea Transportation Industry Snapshot
5.4.2. Siem Industries Inc. Industry Position Analysis
6. SIEM INDUSTRIES INC. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. SIEM INDUSTRIES INC. EXPERTS REVIEW1
7.1. Experts Opinion
7.2. Experts Estimates
8. SIEM INDUSTRIES INC. ENHANCED SWOT ANALYSIS2
9. CAYMAN ISLANDS PESTEL ANALYSIS2
9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. SIEM INDUSTRIES INC. IFE, EFE, IE MATRICES2
10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. SIEM INDUSTRIES INC. PORTER FIVE FORCES ANALYSIS2
12. SIEM INDUSTRIES INC. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF TABLES
Siem Industries Inc. Key Facts
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Siem Industries Inc. Key Executives
Key Executives Biographies1
Key Executives Compensations1
Siem Industries Inc. Major Shareholders
Siem Industries Inc. History
Siem Industries Inc. Products
Revenues by Segment
Revenues by Region
Siem Industries Inc. Offices and Representations
Siem Industries Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Siem Industries Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Siem Industries Inc. Capital Market Snapshot
Siem Industries Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Sea Transportation Industry Statistics
Siem Industries Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Siem Industries Inc. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Revenue Estimates Trend1
Earnings Estimates Trend1
LIST OF FIGURES
Siem Industries Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Siem Industries Inc. 1-year Stock Charts
Siem Industries Inc. 5-year Stock Charts
Siem Industries Inc. vs. Main Indexes 1-year Stock Chart
Siem Industries Inc. vs. Direct Competitors 1-year Stock Charts
Siem Industries Inc. Article Density Chart
1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
Enhanced SWOT Analysis
Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Upon answering these questions a company can develop a project plan to improve its business performance.
PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.
Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.
Key Factors Examined by PESTEL Analysis:
- Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
- Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
- Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
- Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
- Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.
The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.
Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.
Porter Five Forces Analysis
The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:
- Tangible resources
- Intangible resources
- Innovation and Creativity
- Organizational capabilities
The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:
- Costly to imitate?
- Organized properly?