DMCI Holdings, Inc. - Nikkei Asian Review

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href="/web/20160505062857/http://asia.nikkei.com/magazine">Print Edition</a></li> </ul> </div> </div> </div> <div id="content"> <div class="primary"> <div id="a300C"> <span class="sub-title-a300">Asia300</span> <h1 class="title">DMCI Holdings, Inc.</h1> <h4 class="a300ctry">Philippines</h4> <div class="article list-area"> <div class="article-box"> <div class="column-layout feature list no-image no-border"> <div class="feature-article"> <div class="clearfix"> <ul class="base-list-a300 list-link"> <li>Summary </li> <li><a href="/web/20160505062857/http://asia.nikkei.com/Company/05JG1N-E/Historical">Historical data</a></li> </ul> </div> <div class="clearfix"> <div id="a300CR"> <ul class="chart tab-tget"> <li><img data-src="/Company/Chart/Images?quote=%40DMC%2FPL&term=3m" src="/web/20160505062857im_/http://asia.nikkei.com/images/bg_chart.png"></li> </ul> <script type="text/javascript">  </script> <div class="clearfix"> <ul class="base-list-a300 date tab-trg"> <li id="1d">1m</li> <li id="3m" class="select">3m</li> <li id="6m">6m</li> <li id="1y">1y</li> <li id="2y">2y</li> <li id="5y">5y</li> </ul> </div> <table class="tbla300C mb5"> <tr> <th></th> <th class="date-area">May 4, 2016</th> </tr> <tr> <th>Prev close:</th> <td>12</td> </tr> </table> <table class="tbla300C mb5"> <tr> <th></th> <th class="date-area">May 4, 2016</th> </tr> <tr> <th>Market cap:<br>Market cap(USD):</th> <td>159,329.64M<br>3,384.41M</td> </tr> <tr> <th>Shares:</th> <td>13,277.47M</td> </tr> </table> <p class="notes taR">Currency in PHP</p> </div> <div id="a300CL"> <div class="article-box mb20"> <h2 class="titleG">Company profile</h2> <table class="tbla300C tdL"> <tr> <th class="w40">Market(Ticker):</th> <td>PHS(DMC)</td> </tr> <tr> <th>Sector:<br>Industry:</th> <td>Producer Manufacturing<br>Industrial Conglomerates</td> </tr> <tr> <th>Full time employees:</th> <td>12</td> </tr> </table> </div> </div> <div id="a300BS"> <div id="co-textbox-lg2" class="article-box"> <h2 class="titleG">Business summary</h2> <p class="text_overflow-bs">DMCI Holdings, Inc. engages in the provision of civil engineering and general construction services. It operates through the following segments: Construction, Coal Mining, Nickel Mining, Real Estate, Power, and Water. The Construction segment covers various construction component businesses such as production and trading of concept products; handling steel fabrication; and electrical and foundation works. The Coal Mining segment explores, mines, and develops coal resources in Semirara Island. The Nickel Mining segment mines and sells nickel ore from existing stockpile in Acoje and Berong mines. The Real Estate segment focuses in mid-income residential development under the DMCI Homes brand. The Power segment designs, constructs, invests in, and operates power plants. The Water segment provides water services for the west portion of Metro Manila, Olongapo City, and Subic Bay Freeport. The company was founded by David M. Consunji on March 8, 1995 and is headquartered in Makati, Philippines.</p> <h2 class="titleG strong02">Company background</h2> <p class="text_overflow-bs">DMCI Holdings is a major Philippine infrastructure conglomerate founded by Filipino-Chinese businessman Isidro Consunji, who served as transportation and public works minister during the Ferdinand Marcos administration in the 1970s. DMCI Holdings was incorporated on March 8, 1995, as a holding company of the Consunji family. It was listed on the Philippine Stock Exchange on Dec. 18 the same year.<br/> <br/> The company has five operating subsidiaries, namely: D.M. Consunji (construction services), DMCI Project Developers (real estate development), Semirara Mining (coal mining), DMCI Mining (nickel mining), and DMCI Power (power generation). It also has affiliates in water distribution, DMCI-MPIC Water Company, and road infrastructure, Private Infra Dev.<br/> <br/> The company is investing heavily in the expansion of its power generation capacity on the back of rising demand for electricity in the Philippines. The company is also evaluating plans for regional expansion. For instance, DMCI Homes officials in 2013 went to Myanmar to look for opportunities in the residential sector.</p> </div> </div> </div> </div> </div> <div id="a300C2clm" class="two-column"> <div class="article-list"> <h2 class="titleG strong">In the news</h2> <div class="article-box"> <ul> <li> <h3 class="title"><a href="/web/20160505062857/http://asia.nikkei.com/Business/AC/DMCI-goes-regional-in-fiveyear-road-map-to-avoid-plateau">Philippines' DMCI going regional to avoid earnings plateau</a></h3> <div class="column-layout"> <a href="/web/20160505062857/http://asia.nikkei.com/Business/AC/DMCI-goes-regional-in-fiveyear-road-map-to-avoid-plateau"> <img src="/web/20160505062857im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/a300/philippines/dmci-holdings-logo-1-thm/3634422-1-eng-GB/DMCI-Holdings-logo-1-thm_medium_thumbnail.jpg" width="120" alt=""/> </a> <p>MANILA -- Philippine infrastructure conglomerate DMCI Holdings is determined to ramp up growth at home and abroad over the next five years, lest the effects of China's slowdown and other headwinds hur...</p> <p class="date-area">April 1, 2016 9:48 pm JST</p> </div> </li> <li> <div class="sub-title">Ayala Corp.</div> <h3 class="title"><a href="/web/20160505062857/http://asia.nikkei.com/Business/AC/Conglomerate-sells-wind-park-stake-to-Mitsubishi">Conglomerate sells wind park stake to Mitsubishi</a></h3> <div class="column-layout"> <p>MANILA -- Ayala Corp. has off-loaded part of its holding in a wind farm to Japan's Mitsubishi, the Philippine conglomerate's longtime partner and shareholder. Ayala International Holdings, an Aya...</p> <p class="date-area">September 3, 2015 7:56 pm JST</p> </div> </li> <li> <div class="sub-title">Rally is too modest</div> <h3 class="title"><a href="/web/20160505062857/http://asia.nikkei.com/Business/AC/ASEAN-blue-chips-resource-stocks-hammered-despite-China-rate-cut">ASEAN blue chips, resource stocks hammered despite China rate cut</a></h3> <div class="column-layout"> <p>BANGKOK -- Though Southeast Asian stocks saw a slight rebound Wednesday following overnight interest rate cuts by China's central bank, the gains were too modest to wipe out the losses from the previo...</p> <p class="date-area">August 27, 2015 2:00 am JST</p> </div> </li> <li> <div class="sub-title">DMCI Holdings</div> <h3 class="title"><a href="/web/20160505062857/http://asia.nikkei.com/Business/AC/Mining-disaster-brings-down-shares">Mining disaster brings down shares</a></h3> <div class="column-layout"> <p>MANILA -- Shares in conglomerate DMCI Holdings and its subsidiary Semirara Mining and Power have fallen victim to an open-pit coal mine collapse that killed nine miners on July 17. DMCI derives 28...</p> <p class="date-area">July 20, 2015 10:45 pm JST</p> </div> </li> <li> <div class="sub-title">Philippines infrastructure</div> <h3 class="title"><a href="/web/20160505062857/http://asia.nikkei.com/Politics-Economy/Economy/Bidding-opens-for-biggest-rail-upgrade-yet">Bidding opens for biggest rail upgrade yet</a></h3> <div class="column-layout"> <p>MANILA -- The Philippine government invited bids on July 15 for a 171-billion peso ($3.75 billion) railway project that is President Benigno Aquino's biggest public-private partnership (PPP) deal to d...</p> <p class="date-area">July 16, 2015 12:00 am JST</p> </div> </li> <li> <div class="sub-title">DMCI</div> <h3 class="title"><a href="/web/20160505062857/http://asia.nikkei.com/Business/Companies/Profits-down-compared-to-extraordinary-2013">Profits down compared to extraordinary 2013</a></h3> <div class="column-layout"> <p>MANILA -- Profits of DMCI Holdings, a Philippine infrastructure conglomerate, fell 43% to 10.78 billion pesos ($244 million) last year, hurt by the absence of a hefty one-off gain the previous year an...</p> <p class="date-area">April 20, 2015 10:00 pm JST</p> </div> </li> <li> <div class="sub-title">San Miguel diversification</div> <h3 class="title"><a href="/web/20160505062857/http://asia.nikkei.com/Business/AC/Philippine-conglomerate-takes-control-of-another-expressway">Philippine conglomerate takes control of another expressway</a></h3> <div class="column-layout"> <p>MANILA -- San Miguel, one of the most diversified conglomerates in the Philippines, is acquiring the controlling interest in expressway operator Private Infra Dev (PIDC), of which it already owns 45%....</p> <p class="date-area">December 23, 2014 1:30 pm JST</p> </div> </li> </ul> <div class="more"> <a href="/web/20160505062857/http://asia.nikkei.com/search/find?search_keyword=%22DMCI+Holdings%22&cm=DMCI+Holdings%2C+Inc.&facet_company=05JG1N-E">more news for DMCI Holdings, Inc.</a> </div> </div> </div> <div class="sub-area"> <h2 class="titleG">Financial highlights</h2> <p class="date-area taR">Dec 2015</p> <ul class="base-list-a300 tab-trg-f"> <li class="select">Local currency</li> <li>US Dollar</li> </ul> <div class="tab-tget-f"> <div class="tab-tget-el"> <div class="sub-box sub-inr"> <table class="tbla300C"> <tr> <th>Revenue</th> <td>57,203.92M</td> </tr> <tr> <th>Gross profit</th> <td>24,589.54M</td> </tr> <tr> <th>Operating income</th> <td>16,868.13M</td> </tr> <tr> <th>Income before tax</th> <td>18,151.22M</td> </tr> <tr> <th>Net income</th> <td>12,834.66M</td> </tr> <tr> <th>EBITDA</th> <td>20,514.65M</td> </tr> <tr> <th>Diluted EPS</th> <td>0.97</td> </tr> <tr> <th>Dividends per share</th> <td>0</td> </tr> </table> </div> <div class="sub-box sub-inr"> <table class="tbla300C"> <tr> <th>Total assets</th> <td>148,639.73M</td> </tr> <tr> <th>Total liabilities</th> <td>73,864.55M</td> </tr> <tr> <th>Total equity</th> <td>62,504.71M</td> </tr> </table> </div> <div class="sub-box sub-inr-last"> <table class="tbla300C"> <tr> <th>Operating cash flow</th> <td>13,650.19M</td> </tr> </table> <p class="notes taR">Currency in PHP</p> <div class="more taR"> <a href="/web/20160505062857/http://asia.nikkei.com/Company/05JG1N-E/Historical">Historical data</a> </div> </div> </div> <div class="tab-tget-el hide"> <div class="sub-box sub-box sub-inr"> <table class="tbla300C"> <tr> <th>Revenue</th> <td>1,256.31M</td> </tr> <tr> <th>Gross profit</th> <td>540.03M</td> </tr> <tr> <th>Operating income</th> <td>370.45M</td> </tr> <tr> <th>Income before tax</th> <td>398.63M</td> </tr> <tr> <th>Net income</th> <td>281.87M</td> </tr> <tr> <th>EBITDA</th> <td>450.54M</td> </tr> <tr> <th>Diluted EPS</th> <td>0.02</td> </tr> <tr> <th>Dividends per share</th> <td>0</td> </tr> </table> </div> <div class="sub-box sub-box sub-inr"> <table class="tbla300C"> <tr> <th>Total assets</th> <td>3,158.85M</td> </tr> <tr> <th>Total liabilities</th> <td>1,569.74M</td> </tr> <tr> <th>Total equity</th> <td>1,328.33M</td> </tr> </table> </div> <div class="sub-box sub-box sub-inr-last"> <table class="tbla300C"> <tr> <th>Operating cash flow</th> <td>299.78M</td> </tr> </table> <p class="notes taR">Currency in USD</p> <div class="more taR"> <a href="/web/20160505062857/http://asia.nikkei.com/Company/05JG1N-E/Historical">Historical data</a> </div> </div> </div> </div> <div class="sub-box"> <h2 class="titleG">Valuation measures</h2> <p class="date-area taR">Dec 2015</p> <table class="tbla300C"> <tr> <th>PER</th> <td>14.22</td> </tr> <tr> <th>ROA</th> <td>8.97%</td> </tr> <tr> <th>ROE</th> <td>21.62%</td> </tr> <tr> <th>Operating margin</th> <td>29.48%</td> </tr> <tr> <th>Profit margin</th> <td>22.43%</td> </tr> </table> </div> <div class="sub-box"> <h2 class="titleG">Key executive</h2> <ul class="point-list lhL"> <li>Chairman, President & Chief Executive Officer: Isidro Almeda Consunji</li> <li>CFO, Executive Director & Chief Compliance Officer: Herbert M. Consunji</li> <li>Administration & Accounting Officer: Maria Luisa C. Austria</li> <li>Treasurer & Executive Director: Maria Edwina C. Laperal</li> <li>Assistant Secretary: Maria Pilar M. Pilares-Gutierrez</li> </ul> </div> <div class="sub-box js_see-more3"> <h2 class="titleG">Share holders</h2> <ul class="point-list"> <li>Dacon Corp.(51.5%)</li> <li>DFC Holdings, Inc.(17.9%)</li> <li>The Vanguard Group, Inc.(0.9%)</li> <li>DMCI Retirement Plan(0.8%)</li> <li>First State Investments (Hong Kong) Ltd.(0.7%)</li> <li>GOTIANUN MARIA CRISTINA C(0.7%)</li> <li>LAPERAL MARIA EDWINA C(0.6%)</li> <li>Fernwood Investment, Inc.(0.5%)</li> <li>Morgan Stanley Investment Management, Inc.(0.4%)</li> <li>Berit Holdings Corp.(0.4%)</li> <div class="more see-more"><a href="javascript: void(0);">Show more</a></div> <div class="more see-fewer"><a href="javascript: void(0);">Show fewer</a></div> </ul> </div> <div class="sub-box last"> <h2 class="titleG">Address</h2> <ul class="lhL"> <li>Website: http://www.dmciholdings.com</li> <li>Address: 3rd Floor, Dacon Building, 2281 Don Chino Roces Avenue, Makati City, 1231, Philippines</li> <li>Phone: +63.2.888.3000</li> </ul> </div> <div class="more space"> <a href="/web/20160505062857/http://asia.nikkei.com/info/help-company">Help</a> </div> <p class="copyrightFS taR">Copyright © 2016 FactSet Research Systems Inc. All rights reserved.</p> </div> </div> </div> </div> </div> </div> <div class="secondary"> <div class="link-box a300cpn js_see-more3 "> <h2 class="titleG">Related companies</h2> <ul class="point-list"> <li>DMCI Masbate Power Corp.</li> <li>DMCI Mining Corp.</li> <li>DMC Construction Equipment Resources, Inc.</li> <li>DMCI Construction, Inc.</li> <li>DMCI Power Corp.</li> <li>DMCI Project Developers, Inc.</li> <li>Dmci Homes, Inc.</li> <li>D.M. Consunji, Inc.</li> <li>Wire Rope Corp. of the Philippines</li> <li>Semirara Mining & Power Corp.</li> <li>Toledo Mining Corporation Plc</li> <li>ENK plc</li> <div class="more see-more"><a href="javascript: void(0);">Show more</a></div> <div class="more see-fewer"><a href="javascript: void(0);">Show fewer</a></div> </ul> </div> <div class="link-box a300cpn js_see-more3 "> <h2 class="titleG">Competitors</h2> <ul class="point-list"> <li>EEI Corporation</li> <li>Aboitiz Power Corp.</li> <li>Vista Land & Lifescapes, Inc.</li> <li>Empire East Land Holdings Inc.</li> <li>Nickel Asia Corp.</li> <li>Century Properties Group Inc.</li> <li>Sta. 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