Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Executive Director Mario Fishman Lerner was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Executive Director Mario Fishman Lerner was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 11
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Executive Director Mario Fishman Lerner was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jun 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Executive Director Mario Fishman Lerner was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jun 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Executive Director Mario Fishman Lerner was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공시 • Mar 18
Quimpac S.A., Annual General Meeting, Mar 31, 2025 Quimpac S.A., Annual General Meeting, Mar 31, 2025, at 08:00 SA Pacific Standard Time. Location: av nestor gambetta 8585, callao Peru Board Change • Dec 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. Chief Executive Officer and Director Segundo Viton Ramírez was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 17
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: US$103.2m (up 2.3% from 3Q 2023). Net income: US$6.24m (up US$7.25m from 3Q 2023). Profit margin: 6.0% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Reported Earnings • Aug 17
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: US$113.0m (up 7.6% from 2Q 2023). Net income: US$1.60m (down 79% from 2Q 2023). Profit margin: 1.4% (down from 7.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Jun 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 58% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.8% net profit margin). Market cap is less than US$100m (S/276.8m market cap, or US$74.0m). Reported Earnings • May 18
First quarter 2024 earnings released First quarter 2024 results: Revenue: US$97.5m (down 18% from 1Q 2023). Net income: US$5.42m (down 43% from 1Q 2023). Profit margin: 5.6% (down from 8.0% in 1Q 2023). The decrease in margin was driven by lower revenue. New Risk • May 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.5% net profit margin). Market cap is less than US$100m (S/276.8m market cap, or US$74.6m). New Risk • Nov 22
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 56% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (56% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.3% net profit margin). Market cap is less than US$100m (S/276.8m market cap, or US$73.9m). Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: US$100.8m (down 23% from 3Q 2022). Net loss: US$1.02m (down 105% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 19
Upcoming dividend of US$0.02 per share at 37% yield Eligible shareholders must have bought the stock before 26 October 2023. Payment date: 07 November 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 37%. Within top quartile of Peruvian dividend payers (14%). Higher than average of industry peers (19%). Reported Earnings • Aug 19
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: US$105.0m (down 19% from 2Q 2022). Net income: US$7.45m (down 66% from 2Q 2022). Profit margin: 7.1% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 01
Upcoming dividend of US$0.02 per share at 32% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 18 May 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 32%. Within top quartile of Peruvian dividend payers (15%). Higher than average of industry peers (23%). Upcoming Dividend • Nov 30
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 20 December 2022. The company last paid an ordinary dividend in March 2017. The average dividend yield among industry peers is 13%. Reported Earnings • Nov 19
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: US$130.7m (up 57% from 3Q 2021). Net income: US$22.4m (up 274% from 3Q 2021). Profit margin: 17% (up from 7.2% in 3Q 2021). The increase in margin was driven by higher revenue. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Chief Executive Officer and Director Esteban Viton Ramírez was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Jul 14
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 21 July 2022. Payment date: 26 July 2022. The company last paid an ordinary dividend in March 2017. The average dividend yield among industry peers is 11%. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Chief Executive Officer and Director Esteban Viton Ramírez was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Apr 13
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 20 April 2022. Payment date: 26 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 11%. Lower than top quartile of Peruvian dividend payers (17%). Higher than average of industry peers (9.1%). Reported Earnings • Oct 14
First half earnings released Over the last 12 months the company has reported total losses of US$5.41m, with earnings decreasing by US$22.1m from the prior year. Total revenue was US$312.8m over the last 12 months, down 12% from the prior year.