View Financial HealthSPC Power 配当と自社株買い配当金 基準チェック /46SPC Power配当を支払う会社であり、現在の利回りは11.3%で、収益によって十分にカバーされています。主要情報11.3%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長5.6%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向52%最近の配当と自社株買いの更新Upcoming Dividend • Jun 18Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 41% and the cash payout ratio is 90%. Trailing yield: 4.5%. Lower than top quartile of Filipino dividend payers (5.9%). In line with average of industry peers (4.6%).お知らせ • Jun 12SPC Power Corporation announces Annual dividend, payable on July 10, 2025SPC Power Corporation announced Annual dividend of PHP 0.4000 per share payable on July 10, 2025, ex-date on June 25, 2025 and record date on June 26, 2025.Upcoming Dividend • Feb 14Upcoming dividend of ₱0.60 per share at 4.7% yieldEligible shareholders must have bought the stock before 21 February 2024. Payment date: 07 March 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (3.3%).お知らせ • Jul 29SPC Power Corporation Approves the Declaration of Cash Dividends, Payable on or Before August 23, 2023SPC Power Corporation announced during the July 26, 2023 Special Meeting of the Board of Directors of the company approved the declaration of cash dividends in the amount of PHP 0.20 per share or a total amount of PHP 299.31 million to all shareholders of record as of August 9, 2023 payable on or before August 23, 2023.お知らせ • Jun 07SSPC Power Corporation Approves the Declaration of Cash Dividends, Payable June 24, 2022The Board of SPC Power Corporation approved the declaration of cash dividends in the amount of 0.20 per share, for stockholders of record as of June 15, 2022, payable on June 24, 2022.Upcoming Dividend • Jun 03Upcoming dividend of ₱0.20 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of Filipino dividend payers (4.7%). Higher than average of industry peers (3.0%).すべての更新を表示Recent updatesReported Earnings • Apr 18Full year 2025 earnings released: EPS: ₱1.49 (vs ₱0.87 in FY 2024)Full year 2025 results: EPS: ₱1.49 (up from ₱0.87 in FY 2024). Revenue: ₱2.99b (down 1.3% from FY 2024). Net income: ₱2.22b (up 71% from FY 2024). Profit margin: 74% (up from 43% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 09SPC Power Corporation, Annual General Meeting, May 07, 2026SPC Power Corporation, Annual General Meeting, May 07, 2026, at 09:30 W. Australia Standard Time. Location: 7th floor bdo towers paseo, 8741 paseo de roxas,c 1209, makati PhilippinesValuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₱10.80, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines. Total returns to shareholders of 33% over the past three years.Recent Insider Transactions • Nov 26VP of Finance & Treasurer recently bought ₱88k worth of stockOn the 20th of November, Nino D. Aguirre bought around 11k shares on-market at roughly ₱8.35 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱210k. Insiders have collectively bought ₱885k more in shares than they have sold in the last 12 months.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.58 (vs ₱0.18 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.58 (up from ₱0.18 in 3Q 2024). Revenue: ₱1.02b (up 46% from 3Q 2024). Net income: ₱864.1m (up 234% from 3Q 2024). Profit margin: 85% (up from 37% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Nov 13VP of Finance & Treasurer recently bought ₱210k worth of stockOn the 7th of November, Nino D. Aguirre bought around 27k shares on-market at roughly ₱7.79 per share. This transaction increased Nino's direct individual holding by 15x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱798k more in shares than they have sold in the last 12 months.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: ₱0.43 (vs ₱0.41 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.43 (up from ₱0.41 in 2Q 2024). Revenue: ₱726.8m (down 34% from 2Q 2024). Net income: ₱645.3m (up 4.9% from 2Q 2024). Profit margin: 89% (up from 56% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 18Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 41% and the cash payout ratio is 90%. Trailing yield: 4.5%. Lower than top quartile of Filipino dividend payers (5.9%). In line with average of industry peers (4.6%).お知らせ • Jun 12SPC Power Corporation announces Annual dividend, payable on July 10, 2025SPC Power Corporation announced Annual dividend of PHP 0.4000 per share payable on July 10, 2025, ex-date on June 25, 2025 and record date on June 26, 2025.お知らせ • May 03SPC Power Corporation, Annual General Meeting, Jun 11, 2025SPC Power Corporation, Annual General Meeting, Jun 11, 2025, at 09:00 W. Australia Standard Time. Location: 7/f, bdo towers paseo, 8741 paseo de roxas, makati PhilippinesReported Earnings • Apr 15Full year 2024 earnings released: EPS: ₱0.87 (vs ₱0.78 in FY 2023)Full year 2024 results: EPS: ₱0.87 (up from ₱0.78 in FY 2023). Revenue: ₱3.03b (down 33% from FY 2023). Net income: ₱1.30b (up 11% from FY 2023). Profit margin: 43% (up from 26% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Dec 10Key Executive recently bought ₱573k worth of stockOn the 4th of December, Cesar Villegas bought around 63k shares on-market at roughly ₱9.10 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Cesar's only on-market trade for the last 12 months.Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: ₱0.17 (vs ₱0.25 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.17 (down from ₱0.25 in 3Q 2023). Revenue: ₱698.8m (down 47% from 3Q 2023). Net income: ₱258.9m (down 32% from 3Q 2023). Profit margin: 37% (up from 29% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ₱0.42 (vs ₱0.37 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.42 (up from ₱0.37 in 2Q 2023). Revenue: ₱1.49b (up 13% from 2Q 2023). Net income: ₱627.6m (up 13% from 2Q 2023). Profit margin: 42% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 10First quarter 2024 earnings released: EPS: ₱0.07 (vs ₱0.18 in 1Q 2023)First quarter 2024 results: EPS: ₱0.07 (down from ₱0.18 in 1Q 2023). Revenue: ₱820.4m (down 10% from 1Q 2023). Net income: ₱106.8m (down 60% from 1Q 2023). Profit margin: 13% (down from 29% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.お知らせ • Apr 26Primelectric Holdings, Inc agreed to acquire an unknown stake in Bohol Light Company, Inc from SPC Power Corporation (PSE:SPC) for approximately PHP 200 million.Primelectric Holdings, Inc agreed to acquire an unknown stake in Bohol Light Company, Inc from SPC Power Corporation (PSE:SPC) for approximately PHP 200 million on April 24, 2024. The SPC Board in a special board meeting on April 24, 2024 approved the sale of the Corporation’s 29,925,000 common shares in Bohol Light Company, Inc. for PHP 6.67 per share. The sale shall be in accordance with the terms and conditions of a Share Purchase Agreement and other definitive documents to be entered into by the parties.New Risk • Apr 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 154% Cash payout ratio: 238% Dividend yield: 12% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 154% Cash payout ratio: 238% Earnings have declined by 9.7% per year over the past 5 years.Reported Earnings • Apr 17Full year 2023 earnings released: EPS: ₱0.78 (vs ₱0.85 in FY 2022)Full year 2023 results: EPS: ₱0.78 (down from ₱0.85 in FY 2022). Revenue: ₱4.55b (up 18% from FY 2022). Net income: ₱1.17b (down 8.1% from FY 2022). Profit margin: 26% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.お知らせ • Apr 13SPC Power Corporation, Annual General Meeting, May 30, 2024SPC Power Corporation, Annual General Meeting, May 30, 2024, at 01:30 Coordinated Universal Time. Location: SPC Power Corporation Conference Room, 7/F BDO Towers Paseo (formerly Citibank Center), 8741 Paseo de Roxas, Makati City Makati City PhilippinesUpcoming Dividend • Feb 14Upcoming dividend of ₱0.60 per share at 4.7% yieldEligible shareholders must have bought the stock before 21 February 2024. Payment date: 07 March 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₱8.10, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 8x in the Renewable Energy industry in Philippines. Total loss to shareholders of 6.6% over the past three years.Buy Or Sell Opportunity • Feb 07Now 32% overvaluedOver the last 90 days, the stock has fallen 2.0% to ₱7.74. The fair value is estimated to be ₱5.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has declined by 6.5%.Buy Or Sell Opportunity • Jan 23Now 21% overvaluedOver the last 90 days, the stock has fallen 9.6% to ₱7.10. The fair value is estimated to be ₱5.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has declined by 6.5%.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₱0.25 (vs ₱0.32 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.25 (down from ₱0.32 in 3Q 2022). Revenue: ₱1.33b (up 40% from 3Q 2022). Net income: ₱380.0m (down 20% from 3Q 2022). Profit margin: 29% (down from 50% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: ₱0.37 (vs ₱0.22 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.37 (up from ₱0.22 in 2Q 2022). Revenue: ₱1.32b (up 44% from 2Q 2022). Net income: ₱553.6m (up 65% from 2Q 2022). Profit margin: 42% (up from 37% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jul 29SPC Power Corporation Approves the Declaration of Cash Dividends, Payable on or Before August 23, 2023SPC Power Corporation announced during the July 26, 2023 Special Meeting of the Board of Directors of the company approved the declaration of cash dividends in the amount of PHP 0.20 per share or a total amount of PHP 299.31 million to all shareholders of record as of August 9, 2023 payable on or before August 23, 2023.Reported Earnings • Apr 19Full year 2022 earnings released: EPS: ₱0.85 (vs ₱0.80 in FY 2021)Full year 2022 results: EPS: ₱0.85 (up from ₱0.80 in FY 2021). Revenue: ₱3.85b (up 56% from FY 2021). Net income: ₱1.27b (up 6.9% from FY 2021). Profit margin: 33% (down from 48% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱0.32 (vs ₱0.38 in 3Q 2021)Third quarter 2022 results: EPS: ₱0.32 (down from ₱0.38 in 3Q 2021). Revenue: ₱948.7m (up 8.7% from 3Q 2021). Net income: ₱474.0m (down 16% from 3Q 2021). Profit margin: 50% (down from 65% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Francisco Viray was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Buying Opportunity • Sep 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.2%. The fair value is estimated to be ₱12.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ₱0.22 (vs ₱0.22 in 2Q 2021)Second quarter 2022 results: EPS: ₱0.22 (vs ₱0.22 in 2Q 2021). Revenue: ₱916.9m (up 39% from 2Q 2021). Net income: ₱335.4m (flat on 2Q 2021). Profit margin: 37% (down from 51% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Recent Insider Transactions • Jun 15Insider recently sold ₱965k worth of stockOn the 10th of June, Maria Luz Caminero sold around 93k shares on-market at roughly ₱10.40 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱3.9m more than they bought in the last 12 months.Buying Opportunity • Jun 10Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be ₱12.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 14%.お知らせ • Jun 07SSPC Power Corporation Approves the Declaration of Cash Dividends, Payable June 24, 2022The Board of SPC Power Corporation approved the declaration of cash dividends in the amount of 0.20 per share, for stockholders of record as of June 15, 2022, payable on June 24, 2022.Upcoming Dividend • Jun 03Upcoming dividend of ₱0.20 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of Filipino dividend payers (4.7%). Higher than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₱10.60, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 13x in the Renewable Energy industry in Philippines. Total returns to shareholders of 120% over the past three years.Recent Insider Transactions • Jun 01Key Executive recently sold ₱237k worth of stockOn the 26th of May, Cesar Villegas sold around 18k shares on-market at roughly ₱13.11 per share. This was the largest sale by an insider in the last 3 months. Cesar has been a seller over the last 12 months, reducing personal holdings by ₱3.0m.Reported Earnings • May 13First quarter 2022 earnings released: EPS: ₱0.08 (vs ₱0.31 in 1Q 2021)First quarter 2022 results: EPS: ₱0.08 (down from ₱0.31 in 1Q 2021). Revenue: ₱674.4m (up 45% from 1Q 2021). Net income: ₱126.7m (down 73% from 1Q 2021). Profit margin: 19% (down from 100% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Francisco Viray was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Apr 20Full year 2021 earnings released: EPS: ₱0.80 (vs ₱1.07 in FY 2020)Full year 2021 results: EPS: ₱0.80 (down from ₱1.07 in FY 2020). Revenue: ₱2.47b (up 24% from FY 2020). Net income: ₱1.19b (down 26% from FY 2020). Profit margin: 48% (down from 80% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.お知らせ • Apr 19+ 1 more updateSPC Power Corporation, Annual General Meeting, May 31, 2022SPC Power Corporation, Annual General Meeting, May 31, 2022, at 09:00 Singapore Standard Time. Location: Conference Room of SPC Power Corporation 7th Floor BDO Towers, Paseo de Roxas Makati City Philippinesお知らせ • Feb 12Intrepid Holdings, Inc. and SPC Power Corporation (PSE:SPC) agreed to acquire STEAG State Power, Inc. from STEAG GmbH for $52 million.Intrepid Holdings, Inc. and SPC Power Corporation (PSE:SPC) agreed to acquire STEAG State Power, Inc. from STEAG GmbH for $52 million on February 10, 2022. The Consideration for the transfer of the ownership rights over the Shares shall be the sum of (i) the consideration for the common shares of $33.889 million (ii) the consideration for the redeemable shares of $18.110888 million and (iii) interest accrued. Locked Box Interest Rate means an amount equal to the interest, accrued on a daily basis, at a rate of four percent (4%) per annum calculated over the period starting from 01 January 2021 until (and including) Completion or 31 March 2022, whichever is earlier. The closing of the sale shall be subject to conditions precedent.お知らせ • Feb 08Spc Power Corporation Announces Election of Messrs. Lee Dal-Hun and Kim, Kilwon to the Board of DirectorsDuring the Special Meeting of the Board of Directors of SPC Power Corporation held on February 4, 2022, the Board of Directors elected, by unanimous vote, Mr. Lee, Dal Hun and Mr. Kim, Kilwon to replace Mr. Yoon, Jong-Ryoon and Mr. Kim, Yong-Uk and serve the remaining term. Mr. Lee Dal Hun was also elected as member of the Executive Committee and Mr. Kim, Kilwon as member of the Executive Committee, Audit Committee, and Corporate Governance Committee.Recent Insider Transactions • Feb 08Key Executive recently sold ₱1.7m worth of stockOn the 3rd of February, Cesar Villegas sold around 121k shares on-market at roughly ₱14.39 per share. This was the largest sale by an insider in the last 3 months. Cesar has been a seller over the last 12 months, reducing personal holdings by ₱2.7m.Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS ₱0.38 (vs ₱0.25 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ₱872.7m (up 69% from 3Q 2020). Net income: ₱567.0m (up 51% from 3Q 2020). Profit margin: 65% (down from 73% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings.Executive Departure • Sep 23Independent Non-Executive Director Ramon Sy has left the companyOn the 16th of September, Ramon Sy's tenure as Independent Non-Executive Director ended after 15.6 years in the role. As of June 2021, Ramon still personally held only 2.00 shares (₱24.0 worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS ₱0.22 (vs ₱0.29 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₱657.7m (up 54% from 2Q 2020). Net income: ₱332.3m (down 24% from 2Q 2020). Profit margin: 51% (down from 103% in 2Q 2020). The decrease in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.お知らせ • May 31Spc Power Corporation Approves Declaration of Cash Dividends, Payable on Jun 22, 2021The Board of SPC Power Corporation approved the declaration of cash dividends in the amount of PHP 0.60 per share, for stockholders of record as of June 14, 2021, payable on June 22,2021.Reported Earnings • May 17First quarter 2021 earnings released: EPS ₱0.31 (vs ₱0.32 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: ₱464.5m (down 14% from 1Q 2020). Net income: ₱462.5m (down 3.8% from 1Q 2020). Profit margin: 100% (up from 89% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Reported Earnings • Apr 19Full year 2020 earnings released: EPS ₱1.07 (vs ₱1.19 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: ₱2.00b (down 29% from FY 2019). Net income: ₱1.60b (down 10.0% from FY 2019). Profit margin: 80% (up from 64% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Executive Departure • Apr 14Director has left the companyOn the 7th of April, Keeyong Chung's tenure as Director ended after less than a year in the role. As of December 2020, Keeyong personally held only 1.00 share (₱9.0 worth at the time). A total of 5 executives have left over the last 12 months.Executive Departure • Apr 14Director has left the companyOn the 7th of April, Jeong-Heon Kim's tenure as Director ended after less than a year in the role. As of December 2020, Jeong-Heon personally held only 1.00 share (₱9.0 worth at the time). A total of 5 executives have left over the last 12 months.Upcoming Dividend • Apr 13Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 20 April 2021. Payment date: 30 April 2021. Trailing yield: 7.4%. Within top quartile of Filipino dividend payers (4.1%). Higher than average of industry peers (2.4%).Is New 90 Day High Low • Dec 09New 90-day high: ₱11.12The company is up 21% from its price of ₱9.17 on 11 September 2020. The Filipino market is also up 21% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Renewable Energy industry, which is up 18% over the same period.お知らせ • Dec 09SPC Power Corporation Announces Board ChangesSPC Power Corporation, at the meeting of the Board of Directors on December 2, 2020, which was conducted through video conferencing and upon motion duly made and seconded, the Board unanimously appointed/elected Mr. Chung, Keeyong as a new director of the SPC Board to replace Mr. Kim, Jung-In who was recalled back to its main office in Korea. Mr. Chung, Keeyong was also appointed/elected to the Executive Committee in lieu of Mr. Kim, Jung-In.Is New 90 Day High Low • Nov 04New 90-day high: ₱11.00The company is up 38% from its price of ₱8.00 on 06 August 2020. The Filipino market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 13% over the same period.Is New 90 Day High Low • Oct 10New 90-day high: ₱10.30The company is up 28% from its price of ₱8.02 on 10 July 2020. The Filipino market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 1.0% over the same period.決済の安定と成長配当データの取得安定した配当: SPCの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: SPCの配当金は過去10年間にわたって増加しています。配当利回り対市場SPC Power 配当利回り対市場SPC 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (SPC)11.3%市場下位25% (PH)2.7%市場トップ25% (PH)6.4%業界平均 (Renewable Energy)3.0%アナリスト予想 (SPC) (最長3年)n/a注目すべき配当: SPCの配当金 ( 11.3% ) はPH市場の配当金支払者の下位 25% ( 2.7% ) よりも高くなっています。高配当: SPCの配当金 ( 11.3% ) はPH市場 ( 6.42% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: SPCの配当金は、合理的な 配当性向 ( 52% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: SPCは高い 現金配当性向 ( 106.2% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YPH 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 05:20終値2026/05/06 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SPC Power Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Upcoming Dividend • Jun 18Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 41% and the cash payout ratio is 90%. Trailing yield: 4.5%. Lower than top quartile of Filipino dividend payers (5.9%). In line with average of industry peers (4.6%).
お知らせ • Jun 12SPC Power Corporation announces Annual dividend, payable on July 10, 2025SPC Power Corporation announced Annual dividend of PHP 0.4000 per share payable on July 10, 2025, ex-date on June 25, 2025 and record date on June 26, 2025.
Upcoming Dividend • Feb 14Upcoming dividend of ₱0.60 per share at 4.7% yieldEligible shareholders must have bought the stock before 21 February 2024. Payment date: 07 March 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (3.3%).
お知らせ • Jul 29SPC Power Corporation Approves the Declaration of Cash Dividends, Payable on or Before August 23, 2023SPC Power Corporation announced during the July 26, 2023 Special Meeting of the Board of Directors of the company approved the declaration of cash dividends in the amount of PHP 0.20 per share or a total amount of PHP 299.31 million to all shareholders of record as of August 9, 2023 payable on or before August 23, 2023.
お知らせ • Jun 07SSPC Power Corporation Approves the Declaration of Cash Dividends, Payable June 24, 2022The Board of SPC Power Corporation approved the declaration of cash dividends in the amount of 0.20 per share, for stockholders of record as of June 15, 2022, payable on June 24, 2022.
Upcoming Dividend • Jun 03Upcoming dividend of ₱0.20 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of Filipino dividend payers (4.7%). Higher than average of industry peers (3.0%).
Reported Earnings • Apr 18Full year 2025 earnings released: EPS: ₱1.49 (vs ₱0.87 in FY 2024)Full year 2025 results: EPS: ₱1.49 (up from ₱0.87 in FY 2024). Revenue: ₱2.99b (down 1.3% from FY 2024). Net income: ₱2.22b (up 71% from FY 2024). Profit margin: 74% (up from 43% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 09SPC Power Corporation, Annual General Meeting, May 07, 2026SPC Power Corporation, Annual General Meeting, May 07, 2026, at 09:30 W. Australia Standard Time. Location: 7th floor bdo towers paseo, 8741 paseo de roxas,c 1209, makati Philippines
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₱10.80, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines. Total returns to shareholders of 33% over the past three years.
Recent Insider Transactions • Nov 26VP of Finance & Treasurer recently bought ₱88k worth of stockOn the 20th of November, Nino D. Aguirre bought around 11k shares on-market at roughly ₱8.35 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱210k. Insiders have collectively bought ₱885k more in shares than they have sold in the last 12 months.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.58 (vs ₱0.18 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.58 (up from ₱0.18 in 3Q 2024). Revenue: ₱1.02b (up 46% from 3Q 2024). Net income: ₱864.1m (up 234% from 3Q 2024). Profit margin: 85% (up from 37% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Nov 13VP of Finance & Treasurer recently bought ₱210k worth of stockOn the 7th of November, Nino D. Aguirre bought around 27k shares on-market at roughly ₱7.79 per share. This transaction increased Nino's direct individual holding by 15x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱798k more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: ₱0.43 (vs ₱0.41 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.43 (up from ₱0.41 in 2Q 2024). Revenue: ₱726.8m (down 34% from 2Q 2024). Net income: ₱645.3m (up 4.9% from 2Q 2024). Profit margin: 89% (up from 56% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 18Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 41% and the cash payout ratio is 90%. Trailing yield: 4.5%. Lower than top quartile of Filipino dividend payers (5.9%). In line with average of industry peers (4.6%).
お知らせ • Jun 12SPC Power Corporation announces Annual dividend, payable on July 10, 2025SPC Power Corporation announced Annual dividend of PHP 0.4000 per share payable on July 10, 2025, ex-date on June 25, 2025 and record date on June 26, 2025.
お知らせ • May 03SPC Power Corporation, Annual General Meeting, Jun 11, 2025SPC Power Corporation, Annual General Meeting, Jun 11, 2025, at 09:00 W. Australia Standard Time. Location: 7/f, bdo towers paseo, 8741 paseo de roxas, makati Philippines
Reported Earnings • Apr 15Full year 2024 earnings released: EPS: ₱0.87 (vs ₱0.78 in FY 2023)Full year 2024 results: EPS: ₱0.87 (up from ₱0.78 in FY 2023). Revenue: ₱3.03b (down 33% from FY 2023). Net income: ₱1.30b (up 11% from FY 2023). Profit margin: 43% (up from 26% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Dec 10Key Executive recently bought ₱573k worth of stockOn the 4th of December, Cesar Villegas bought around 63k shares on-market at roughly ₱9.10 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Cesar's only on-market trade for the last 12 months.
Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: ₱0.17 (vs ₱0.25 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.17 (down from ₱0.25 in 3Q 2023). Revenue: ₱698.8m (down 47% from 3Q 2023). Net income: ₱258.9m (down 32% from 3Q 2023). Profit margin: 37% (up from 29% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ₱0.42 (vs ₱0.37 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.42 (up from ₱0.37 in 2Q 2023). Revenue: ₱1.49b (up 13% from 2Q 2023). Net income: ₱627.6m (up 13% from 2Q 2023). Profit margin: 42% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: ₱0.07 (vs ₱0.18 in 1Q 2023)First quarter 2024 results: EPS: ₱0.07 (down from ₱0.18 in 1Q 2023). Revenue: ₱820.4m (down 10% from 1Q 2023). Net income: ₱106.8m (down 60% from 1Q 2023). Profit margin: 13% (down from 29% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.
お知らせ • Apr 26Primelectric Holdings, Inc agreed to acquire an unknown stake in Bohol Light Company, Inc from SPC Power Corporation (PSE:SPC) for approximately PHP 200 million.Primelectric Holdings, Inc agreed to acquire an unknown stake in Bohol Light Company, Inc from SPC Power Corporation (PSE:SPC) for approximately PHP 200 million on April 24, 2024. The SPC Board in a special board meeting on April 24, 2024 approved the sale of the Corporation’s 29,925,000 common shares in Bohol Light Company, Inc. for PHP 6.67 per share. The sale shall be in accordance with the terms and conditions of a Share Purchase Agreement and other definitive documents to be entered into by the parties.
New Risk • Apr 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 154% Cash payout ratio: 238% Dividend yield: 12% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 154% Cash payout ratio: 238% Earnings have declined by 9.7% per year over the past 5 years.
Reported Earnings • Apr 17Full year 2023 earnings released: EPS: ₱0.78 (vs ₱0.85 in FY 2022)Full year 2023 results: EPS: ₱0.78 (down from ₱0.85 in FY 2022). Revenue: ₱4.55b (up 18% from FY 2022). Net income: ₱1.17b (down 8.1% from FY 2022). Profit margin: 26% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.
お知らせ • Apr 13SPC Power Corporation, Annual General Meeting, May 30, 2024SPC Power Corporation, Annual General Meeting, May 30, 2024, at 01:30 Coordinated Universal Time. Location: SPC Power Corporation Conference Room, 7/F BDO Towers Paseo (formerly Citibank Center), 8741 Paseo de Roxas, Makati City Makati City Philippines
Upcoming Dividend • Feb 14Upcoming dividend of ₱0.60 per share at 4.7% yieldEligible shareholders must have bought the stock before 21 February 2024. Payment date: 07 March 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Filipino dividend payers (5.6%). Higher than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₱8.10, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 8x in the Renewable Energy industry in Philippines. Total loss to shareholders of 6.6% over the past three years.
Buy Or Sell Opportunity • Feb 07Now 32% overvaluedOver the last 90 days, the stock has fallen 2.0% to ₱7.74. The fair value is estimated to be ₱5.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has declined by 6.5%.
Buy Or Sell Opportunity • Jan 23Now 21% overvaluedOver the last 90 days, the stock has fallen 9.6% to ₱7.10. The fair value is estimated to be ₱5.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has declined by 6.5%.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₱0.25 (vs ₱0.32 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.25 (down from ₱0.32 in 3Q 2022). Revenue: ₱1.33b (up 40% from 3Q 2022). Net income: ₱380.0m (down 20% from 3Q 2022). Profit margin: 29% (down from 50% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: ₱0.37 (vs ₱0.22 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.37 (up from ₱0.22 in 2Q 2022). Revenue: ₱1.32b (up 44% from 2Q 2022). Net income: ₱553.6m (up 65% from 2Q 2022). Profit margin: 42% (up from 37% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jul 29SPC Power Corporation Approves the Declaration of Cash Dividends, Payable on or Before August 23, 2023SPC Power Corporation announced during the July 26, 2023 Special Meeting of the Board of Directors of the company approved the declaration of cash dividends in the amount of PHP 0.20 per share or a total amount of PHP 299.31 million to all shareholders of record as of August 9, 2023 payable on or before August 23, 2023.
Reported Earnings • Apr 19Full year 2022 earnings released: EPS: ₱0.85 (vs ₱0.80 in FY 2021)Full year 2022 results: EPS: ₱0.85 (up from ₱0.80 in FY 2021). Revenue: ₱3.85b (up 56% from FY 2021). Net income: ₱1.27b (up 6.9% from FY 2021). Profit margin: 33% (down from 48% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱0.32 (vs ₱0.38 in 3Q 2021)Third quarter 2022 results: EPS: ₱0.32 (down from ₱0.38 in 3Q 2021). Revenue: ₱948.7m (up 8.7% from 3Q 2021). Net income: ₱474.0m (down 16% from 3Q 2021). Profit margin: 50% (down from 65% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Francisco Viray was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Buying Opportunity • Sep 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.2%. The fair value is estimated to be ₱12.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ₱0.22 (vs ₱0.22 in 2Q 2021)Second quarter 2022 results: EPS: ₱0.22 (vs ₱0.22 in 2Q 2021). Revenue: ₱916.9m (up 39% from 2Q 2021). Net income: ₱335.4m (flat on 2Q 2021). Profit margin: 37% (down from 51% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Jun 15Insider recently sold ₱965k worth of stockOn the 10th of June, Maria Luz Caminero sold around 93k shares on-market at roughly ₱10.40 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱3.9m more than they bought in the last 12 months.
Buying Opportunity • Jun 10Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be ₱12.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 14%.
お知らせ • Jun 07SSPC Power Corporation Approves the Declaration of Cash Dividends, Payable June 24, 2022The Board of SPC Power Corporation approved the declaration of cash dividends in the amount of 0.20 per share, for stockholders of record as of June 15, 2022, payable on June 24, 2022.
Upcoming Dividend • Jun 03Upcoming dividend of ₱0.20 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of Filipino dividend payers (4.7%). Higher than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₱10.60, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 13x in the Renewable Energy industry in Philippines. Total returns to shareholders of 120% over the past three years.
Recent Insider Transactions • Jun 01Key Executive recently sold ₱237k worth of stockOn the 26th of May, Cesar Villegas sold around 18k shares on-market at roughly ₱13.11 per share. This was the largest sale by an insider in the last 3 months. Cesar has been a seller over the last 12 months, reducing personal holdings by ₱3.0m.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: ₱0.08 (vs ₱0.31 in 1Q 2021)First quarter 2022 results: EPS: ₱0.08 (down from ₱0.31 in 1Q 2021). Revenue: ₱674.4m (up 45% from 1Q 2021). Net income: ₱126.7m (down 73% from 1Q 2021). Profit margin: 19% (down from 100% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Francisco Viray was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Apr 20Full year 2021 earnings released: EPS: ₱0.80 (vs ₱1.07 in FY 2020)Full year 2021 results: EPS: ₱0.80 (down from ₱1.07 in FY 2020). Revenue: ₱2.47b (up 24% from FY 2020). Net income: ₱1.19b (down 26% from FY 2020). Profit margin: 48% (down from 80% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
お知らせ • Apr 19+ 1 more updateSPC Power Corporation, Annual General Meeting, May 31, 2022SPC Power Corporation, Annual General Meeting, May 31, 2022, at 09:00 Singapore Standard Time. Location: Conference Room of SPC Power Corporation 7th Floor BDO Towers, Paseo de Roxas Makati City Philippines
お知らせ • Feb 12Intrepid Holdings, Inc. and SPC Power Corporation (PSE:SPC) agreed to acquire STEAG State Power, Inc. from STEAG GmbH for $52 million.Intrepid Holdings, Inc. and SPC Power Corporation (PSE:SPC) agreed to acquire STEAG State Power, Inc. from STEAG GmbH for $52 million on February 10, 2022. The Consideration for the transfer of the ownership rights over the Shares shall be the sum of (i) the consideration for the common shares of $33.889 million (ii) the consideration for the redeemable shares of $18.110888 million and (iii) interest accrued. Locked Box Interest Rate means an amount equal to the interest, accrued on a daily basis, at a rate of four percent (4%) per annum calculated over the period starting from 01 January 2021 until (and including) Completion or 31 March 2022, whichever is earlier. The closing of the sale shall be subject to conditions precedent.
お知らせ • Feb 08Spc Power Corporation Announces Election of Messrs. Lee Dal-Hun and Kim, Kilwon to the Board of DirectorsDuring the Special Meeting of the Board of Directors of SPC Power Corporation held on February 4, 2022, the Board of Directors elected, by unanimous vote, Mr. Lee, Dal Hun and Mr. Kim, Kilwon to replace Mr. Yoon, Jong-Ryoon and Mr. Kim, Yong-Uk and serve the remaining term. Mr. Lee Dal Hun was also elected as member of the Executive Committee and Mr. Kim, Kilwon as member of the Executive Committee, Audit Committee, and Corporate Governance Committee.
Recent Insider Transactions • Feb 08Key Executive recently sold ₱1.7m worth of stockOn the 3rd of February, Cesar Villegas sold around 121k shares on-market at roughly ₱14.39 per share. This was the largest sale by an insider in the last 3 months. Cesar has been a seller over the last 12 months, reducing personal holdings by ₱2.7m.
Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS ₱0.38 (vs ₱0.25 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ₱872.7m (up 69% from 3Q 2020). Net income: ₱567.0m (up 51% from 3Q 2020). Profit margin: 65% (down from 73% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings.
Executive Departure • Sep 23Independent Non-Executive Director Ramon Sy has left the companyOn the 16th of September, Ramon Sy's tenure as Independent Non-Executive Director ended after 15.6 years in the role. As of June 2021, Ramon still personally held only 2.00 shares (₱24.0 worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS ₱0.22 (vs ₱0.29 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₱657.7m (up 54% from 2Q 2020). Net income: ₱332.3m (down 24% from 2Q 2020). Profit margin: 51% (down from 103% in 2Q 2020). The decrease in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
お知らせ • May 31Spc Power Corporation Approves Declaration of Cash Dividends, Payable on Jun 22, 2021The Board of SPC Power Corporation approved the declaration of cash dividends in the amount of PHP 0.60 per share, for stockholders of record as of June 14, 2021, payable on June 22,2021.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ₱0.31 (vs ₱0.32 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: ₱464.5m (down 14% from 1Q 2020). Net income: ₱462.5m (down 3.8% from 1Q 2020). Profit margin: 100% (up from 89% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 19Full year 2020 earnings released: EPS ₱1.07 (vs ₱1.19 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: ₱2.00b (down 29% from FY 2019). Net income: ₱1.60b (down 10.0% from FY 2019). Profit margin: 80% (up from 64% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Executive Departure • Apr 14Director has left the companyOn the 7th of April, Keeyong Chung's tenure as Director ended after less than a year in the role. As of December 2020, Keeyong personally held only 1.00 share (₱9.0 worth at the time). A total of 5 executives have left over the last 12 months.
Executive Departure • Apr 14Director has left the companyOn the 7th of April, Jeong-Heon Kim's tenure as Director ended after less than a year in the role. As of December 2020, Jeong-Heon personally held only 1.00 share (₱9.0 worth at the time). A total of 5 executives have left over the last 12 months.
Upcoming Dividend • Apr 13Upcoming dividend of ₱0.40 per shareEligible shareholders must have bought the stock before 20 April 2021. Payment date: 30 April 2021. Trailing yield: 7.4%. Within top quartile of Filipino dividend payers (4.1%). Higher than average of industry peers (2.4%).
Is New 90 Day High Low • Dec 09New 90-day high: ₱11.12The company is up 21% from its price of ₱9.17 on 11 September 2020. The Filipino market is also up 21% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Renewable Energy industry, which is up 18% over the same period.
お知らせ • Dec 09SPC Power Corporation Announces Board ChangesSPC Power Corporation, at the meeting of the Board of Directors on December 2, 2020, which was conducted through video conferencing and upon motion duly made and seconded, the Board unanimously appointed/elected Mr. Chung, Keeyong as a new director of the SPC Board to replace Mr. Kim, Jung-In who was recalled back to its main office in Korea. Mr. Chung, Keeyong was also appointed/elected to the Executive Committee in lieu of Mr. Kim, Jung-In.
Is New 90 Day High Low • Nov 04New 90-day high: ₱11.00The company is up 38% from its price of ₱8.00 on 06 August 2020. The Filipino market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 13% over the same period.
Is New 90 Day High Low • Oct 10New 90-day high: ₱10.30The company is up 28% from its price of ₱8.02 on 10 July 2020. The Filipino market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 1.0% over the same period.