View Future GrowthRaslag 과거 순이익 실적과거 기준 점검 4/6Raslag은 연평균 25.8%의 비율로 수입이 증가해 온 반면, Renewable Energy 산업은 수입이 11.8% 증가했습니다. 매출은 연평균 15.5%의 비율로 증가했습니다. Raslag의 자기자본이익률은 17.3%이고 순이익률은 75.6%입니다.핵심 정보25.83%순이익 성장률15.77%주당순이익(EPS) 성장률Renewable Energy 산업 성장률8.17%매출 성장률15.55%자기자본이익률17.27%순이익률75.65%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • 10hFirst quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.002 in 1Q 2025)First quarter 2026 results: EPS: ₱0.05 (up from ₱0.002 in 1Q 2025). Revenue: ₱160.6m (up 24% from 1Q 2025). Net income: ₱75.7m (up ₱73.3m from 1Q 2025). Profit margin: 47% (up from 1.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 16Full year 2025 earnings released: EPS: ₱0.33 (vs ₱0.044 in FY 2024)Full year 2025 results: EPS: ₱0.33 (up from ₱0.044 in FY 2024). Revenue: ₱723.7m (up 65% from FY 2024). Net income: ₱510.7m (up ₱444.7m from FY 2024). Profit margin: 71% (up from 15% in FY 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.19 (vs ₱0.01 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.19 (up from ₱0.01 in 3Q 2024). Revenue: ₱121.8m (up 32% from 3Q 2024). Net income: ₱277.9m (up ₱263.0m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₱0.03 (vs ₱0.04 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.03 (down from ₱0.04 in 2Q 2024). Revenue: ₱169.9m (up 25% from 2Q 2024). Net income: ₱45.9m (down 14% from 2Q 2024). Profit margin: 27% (down from 39% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 18Full year 2024 earnings released: EPS: ₱0.044 (vs ₱0.092 in FY 2023)Full year 2024 results: EPS: ₱0.044 (down from ₱0.092 in FY 2023). Revenue: ₱438.9m (down 5.4% from FY 2023). Net income: ₱66.0m (down 52% from FY 2023). Profit margin: 15% (down from 30% in FY 2023). The decrease in margin was primarily driven by higher expenses.Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.01 (vs ₱0.02 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.01 (down from ₱0.02 in 3Q 2023). Revenue: ₱92.5m (down 10% from 3Q 2023). Net income: ₱14.8m (down 55% from 3Q 2023). Profit margin: 16% (down from 32% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.모든 업데이트 보기Recent updatesReported Earnings • 10hFirst quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.002 in 1Q 2025)First quarter 2026 results: EPS: ₱0.05 (up from ₱0.002 in 1Q 2025). Revenue: ₱160.6m (up 24% from 1Q 2025). Net income: ₱75.7m (up ₱73.3m from 1Q 2025). Profit margin: 47% (up from 1.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공시 • Apr 24J Ten Equities, Inc. acquired an additional 10% stake in Raslag Corp. (PSE:ASLAG) from Angeles Power,Inc. for approximately PHP 170 million.J Ten Equities, Inc. acquired an additional 10% stake in Raslag Corp. (PSE:ASLAG) from Angeles Power,Inc. for approximately PHP 170 million on April 22, 2026. A cash consideration valued at PHP 1.1 per share will be paid by J Ten Equities, Inc. Following the transaction, J Ten Equities, Inc. increased its stake to 67.18% and Angeles Power, Inc.'s stake was reduced to 8.98% in Raslag Corp. J Ten Equities, Inc. completed the acquisition of additional 10% stake in Raslag Corp. (PSE:ASLAG) from Angeles Power,Inc. on April 22, 2026.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 38%After last week's 38% share price gain to ₱1.16, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 8x in the Renewable Energy industry in Philippines. Total loss to shareholders of 14% over the past three years.New Risk • Apr 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 130% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₱1.62b market cap, or US$27.0m).Reported Earnings • Apr 16Full year 2025 earnings released: EPS: ₱0.33 (vs ₱0.044 in FY 2024)Full year 2025 results: EPS: ₱0.33 (up from ₱0.044 in FY 2024). Revenue: ₱723.7m (up 65% from FY 2024). Net income: ₱510.7m (up ₱444.7m from FY 2024). Profit margin: 71% (up from 15% in FY 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공시 • Apr 07Raslag Corp., Annual General Meeting, Jun 26, 2026Raslag Corp., Annual General Meeting, Jun 26, 2026, at 14:00 W. Australia Standard Time.공시 • Feb 12Verdant Philippines Alpha Pte. Ltd. and Raslag Corp. (PSE:ASLAG) acquired Philippine Hybrid Energy Systems Inc.Verdant Philippines Alpha Pte. Ltd. and Raslag Corp. (PSE:ASLAG) signed a letter of intent to acquire Philippine Hybrid Energy Systems Inc. on March 27, 2025. Verdant Philippines Alpha Pte. Ltd. and Raslag Corp signed an agreement to acquire Philippine Hybrid Energy Systems Inc. on May 15, 2025. RASLAG will own 60% of PHC by purchasing 1,515,001 shares for PHP 6 million at PHP 3.96 per share. The transaction is subject to approval of offer by acquirer board. The deal has been approved by Raslag Corp.'s board. The closing of the acquisition is dependent on the approval of the relevant government agencies. As of October 24, 2025, Philippine Competition Commission approved the transaction. As of November 26, 2025 the parties expect the closing of the transaction within the year, barring unforeseen circumstances which may cause delay. Verdant Philippines Alpha Pte. Ltd. and Raslag Corp. (PSE:ASLAG) completed the acquisition of Philippine Hybrid Energy Systems Inc. on February 12, 2026.Upcoming Dividend • Nov 20Upcoming dividend of ₱0.05 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 12 December 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Filipino dividend payers (6.5%). Higher than average of industry peers (4.6%).Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.19 (vs ₱0.01 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.19 (up from ₱0.01 in 3Q 2024). Revenue: ₱121.8m (up 32% from 3Q 2024). Net income: ₱277.9m (up ₱263.0m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.공시 • Nov 14Raslag Corp. announces Annual dividend, payable on December 12, 2025Raslag Corp. announced Annual dividend of PHP 0.0133 per share payable on December 12, 2025, ex-date on November 27, 2025 and record date on November 28, 2025.New Risk • Nov 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 193% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Market cap is less than US$100m (₱1.20b market cap, or US$20.3m).Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₱0.03 (vs ₱0.04 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.03 (down from ₱0.04 in 2Q 2024). Revenue: ₱169.9m (up 25% from 2Q 2024). Net income: ₱45.9m (down 14% from 2Q 2024). Profit margin: 27% (down from 39% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 18Full year 2024 earnings released: EPS: ₱0.044 (vs ₱0.092 in FY 2023)Full year 2024 results: EPS: ₱0.044 (down from ₱0.092 in FY 2023). Revenue: ₱438.9m (down 5.4% from FY 2023). Net income: ₱66.0m (down 52% from FY 2023). Profit margin: 15% (down from 30% in FY 2023). The decrease in margin was primarily driven by higher expenses.공시 • Apr 07+ 1 more updateRaslag Corp., Annual General Meeting, Jun 27, 2025Raslag Corp., Annual General Meeting, Jun 27, 2025, at 14:00 W. Australia Standard Time.공시 • Nov 27+ 1 more updateRaslag Corp. Announces Change in Designation of Karl Geo D Origeneza from OIC Chief Finance Officer to Chief Finance OfficerThe Board of Directors of Raslag Corp. approved during its special meeting on November 25, 2024, the Promotion or Change in Designation of Karl Geo D Origeneza from OIC Chief Finance Officer to Chief Finance Officer. Date of Approval is November 25, 2024. Effective Date of Change is November 25, 2024.Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.01 (vs ₱0.02 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.01 (down from ₱0.02 in 3Q 2023). Revenue: ₱92.5m (down 10% from 3Q 2023). Net income: ₱14.8m (down 55% from 3Q 2023). Profit margin: 16% (down from 32% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.공시 • Oct 18+ 1 more updateRaslag Corp. Declares Cash Dividends, Payable on November 25, 2024Raslag Corp. at its board of directors meeting held on October 15, 2024, approved declaration of cash dividends above the 50% cap indicated in ASLAG's dividend policy, for a total of PHP 75 Million or PHP 0.05 per share, to stockholders of record as of October 31, 2024 and payable on November 25, 2024.Declared Dividend • Oct 18Dividend of ₱0.05 announcedShareholders will receive a dividend of ₱0.05. Ex-date: 30th October 2024 Payment date: 25th November 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 23% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₱1.29, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 11x in the Renewable Energy industry in Philippines. Total returns to shareholders of 7.4% over the past year.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ₱0.04 (vs ₱0.03 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.04 (up from ₱0.03 in 2Q 2023). Revenue: ₱136.2m (down 3.3% from 2Q 2023). Net income: ₱53.1m (up 3.5% from 2Q 2023). Profit margin: 39% (up from 36% in 2Q 2023). The increase in margin was driven by lower expenses.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ₱0.01 (vs ₱0.035 in 1Q 2023)First quarter 2024 results: EPS: ₱0.01 (down from ₱0.035 in 1Q 2023). Revenue: ₱102.8m (down 13% from 1Q 2023). Net income: ₱22.3m (down 58% from 1Q 2023). Profit margin: 22% (down from 45% in 1Q 2023). The decrease in margin was primarily driven by higher expenses.Reported Earnings • Apr 17Full year 2023 earnings released: EPS: ₱0.09 (vs ₱0.11 in FY 2022)Full year 2023 results: EPS: ₱0.09 (down from ₱0.11 in FY 2022). Revenue: ₱463.8m (up 21% from FY 2022). Net income: ₱137.3m (down 6.7% from FY 2022). Profit margin: 30% (down from 38% in FY 2022). The decrease in margin was driven by higher expenses.공시 • Apr 11Raslag Corp., Annual General Meeting, Jun 28, 2024Raslag Corp., Annual General Meeting, Jun 28, 2024, at 14:00 China Standard Time.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ₱0.02 (vs ₱0.03 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.02 (down from ₱0.03 in 3Q 2022). Revenue: ₱103.2m (down 7.2% from 3Q 2022). Net income: ₱33.0m (down 2.8% from 3Q 2022). Profit margin: 32% (up from 31% in 3Q 2022). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₱1.24, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines. Total loss to shareholders of 30% over the past year.공시 • Oct 18+ 1 more updateRaslag Corp. Appoints Pedro H. Maniego as Lead Independent Director, Effective October 17, 2023Raslag Corp. announced the designation of Pedro H. Maniego, Jr as Lead Independent Director, effective October 17, 2023. Pedro H. Maniego was elected as The chairman and president of the Institute of Corporation Directors effective on January 1 2024 in the organizational meeting held after the annual general meeting of the institute on October 11, 2023. he has been a trustee of the institute for the past eight years and served as the chairman of the fellow's strategy execution pathway, nominations and elections and golf committees. Director Maniego has been an independent director of the company since April 19, 2021 or for more than two years. He is the incumbent's chairman of the related party transactions committee and risk and oversight committee, as well as an increment member of the audit committee and corporate governance committee. He also previously served as an interim chairman of the nomination compensation and election committee.New Risk • Aug 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). High level of non-cash earnings (27% accrual ratio). Minor Risk Market cap is less than US$100m (₱2.06b market cap, or US$36.5m).Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: ₱0.03 (vs ₱0.02 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.03 (up from ₱0.02 in 2Q 2022). Revenue: ₱140.8m (up 66% from 2Q 2022). Net income: ₱51.3m (up 73% from 2Q 2022). Profit margin: 36% (up from 35% in 2Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Apr 19Full year 2022 earnings released: EPS: ₱0.11 (vs ₱0.11 in FY 2021)Full year 2022 results: EPS: ₱0.11. Revenue: ₱383.8m (up 32% from FY 2021). Net income: ₱147.1m (up 27% from FY 2021). Profit margin: 38% (down from 40% in FY 2021). The decrease in margin was driven by higher expenses.공시 • Jan 30Raslag Corporation, Annual General Meeting, Jun 30, 2023Raslag Corporation, Annual General Meeting, Jun 30, 2023.Recent Insider Transactions • Jan 04CFO & Director recently sold ₱414k worth of stockOn the 29th of December, Robert Gerard Nepomuceno sold around 250k shares on-market at roughly ₱1.66 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Robert Gerard has been a net buyer over the last 12 months, purchasing a net total of ₱1.6m worth of shares.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Vice Chairman & Treasurer Gerry Nepomuceno was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Nov 09Raslag Corporation Declares Cash Dividend, Payable on December 22, 2022Raslag Corporation declared cash dividends for a total amount of PHP 50,100,000.00, equivalent to PHP 0.0334 per common share, to stockholders of record as of December 8, 2022, payable on December 22, 2022.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₱1.93, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 14x in the Renewable Energy industry in Philippines.공시 • Jun 08Raslag Corporation has completed an IPO in the amount of PHP 700 million.Raslag Corporation has completed an IPO in the amount of PHP 700 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 245,000,000 Price\Range: PHP 2 Discount Per Security: PHP 0.0554 Security Name: Common Shares Security Type: Common Stock Securities Offered: 105,000,000 Price\Range: PHP 2 Discount Per Security: PHP 0.0554Board Change • Jun 06Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.매출 및 비용 세부 내역Raslag가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이PSE:ASLAG 매출, 비용 및 순이익 (PHP Millions)날짜매출순이익일반관리비연구개발비31 Mar 267555710031 Dec 257244980030 Sep 255293029030 Jun 25500396031 Mar 25466461031 Dec 24439661030 Sep 24433908030 Jun 2444310912031 Mar 244481071031 Dec 234641371030 Sep 2347119837030 Jun 2347919926031 Mar 234231788031 Dec 223841470030 Sep 223429218030 Jun 2230210018031 Mar 2229410418031 Dec 212921163030 Sep 214001933031 Dec 203961799031 Dec 192849212031 Dec 1830112519031 Dec 17288122110양질의 수익: ASLAG는 ₱325.0M 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: ASLAG의 현재 순 이익률 (75.6%)은 지난해 (9.9%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ASLAG의 수익은 지난 5년 동안 연평균 25.8%로 크게 증가했습니다.성장 가속화: 지난 1년간 ASLAG 의 수익 증가율(1137.2%)은 연간 평균(25.8%)을 초과합니다.수익 대 산업: ASLAG의 지난 1년 수익 증가율(1137.2%)은 Renewable Energy 업계의 18.4%를 상회했습니다.자기자본이익률높은 ROE: ASLAG의 자본 수익률(17.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YUtilities 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/16 07:11종가2026/05/15 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Raslag Corp.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • 10hFirst quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.002 in 1Q 2025)First quarter 2026 results: EPS: ₱0.05 (up from ₱0.002 in 1Q 2025). Revenue: ₱160.6m (up 24% from 1Q 2025). Net income: ₱75.7m (up ₱73.3m from 1Q 2025). Profit margin: 47% (up from 1.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 16Full year 2025 earnings released: EPS: ₱0.33 (vs ₱0.044 in FY 2024)Full year 2025 results: EPS: ₱0.33 (up from ₱0.044 in FY 2024). Revenue: ₱723.7m (up 65% from FY 2024). Net income: ₱510.7m (up ₱444.7m from FY 2024). Profit margin: 71% (up from 15% in FY 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.19 (vs ₱0.01 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.19 (up from ₱0.01 in 3Q 2024). Revenue: ₱121.8m (up 32% from 3Q 2024). Net income: ₱277.9m (up ₱263.0m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₱0.03 (vs ₱0.04 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.03 (down from ₱0.04 in 2Q 2024). Revenue: ₱169.9m (up 25% from 2Q 2024). Net income: ₱45.9m (down 14% from 2Q 2024). Profit margin: 27% (down from 39% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 18Full year 2024 earnings released: EPS: ₱0.044 (vs ₱0.092 in FY 2023)Full year 2024 results: EPS: ₱0.044 (down from ₱0.092 in FY 2023). Revenue: ₱438.9m (down 5.4% from FY 2023). Net income: ₱66.0m (down 52% from FY 2023). Profit margin: 15% (down from 30% in FY 2023). The decrease in margin was primarily driven by higher expenses.
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.01 (vs ₱0.02 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.01 (down from ₱0.02 in 3Q 2023). Revenue: ₱92.5m (down 10% from 3Q 2023). Net income: ₱14.8m (down 55% from 3Q 2023). Profit margin: 16% (down from 32% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.
Reported Earnings • 10hFirst quarter 2026 earnings released: EPS: ₱0.05 (vs ₱0.002 in 1Q 2025)First quarter 2026 results: EPS: ₱0.05 (up from ₱0.002 in 1Q 2025). Revenue: ₱160.6m (up 24% from 1Q 2025). Net income: ₱75.7m (up ₱73.3m from 1Q 2025). Profit margin: 47% (up from 1.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공시 • Apr 24J Ten Equities, Inc. acquired an additional 10% stake in Raslag Corp. (PSE:ASLAG) from Angeles Power,Inc. for approximately PHP 170 million.J Ten Equities, Inc. acquired an additional 10% stake in Raslag Corp. (PSE:ASLAG) from Angeles Power,Inc. for approximately PHP 170 million on April 22, 2026. A cash consideration valued at PHP 1.1 per share will be paid by J Ten Equities, Inc. Following the transaction, J Ten Equities, Inc. increased its stake to 67.18% and Angeles Power, Inc.'s stake was reduced to 8.98% in Raslag Corp. J Ten Equities, Inc. completed the acquisition of additional 10% stake in Raslag Corp. (PSE:ASLAG) from Angeles Power,Inc. on April 22, 2026.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 38%After last week's 38% share price gain to ₱1.16, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 8x in the Renewable Energy industry in Philippines. Total loss to shareholders of 14% over the past three years.
New Risk • Apr 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 130% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₱1.62b market cap, or US$27.0m).
Reported Earnings • Apr 16Full year 2025 earnings released: EPS: ₱0.33 (vs ₱0.044 in FY 2024)Full year 2025 results: EPS: ₱0.33 (up from ₱0.044 in FY 2024). Revenue: ₱723.7m (up 65% from FY 2024). Net income: ₱510.7m (up ₱444.7m from FY 2024). Profit margin: 71% (up from 15% in FY 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공시 • Apr 07Raslag Corp., Annual General Meeting, Jun 26, 2026Raslag Corp., Annual General Meeting, Jun 26, 2026, at 14:00 W. Australia Standard Time.
공시 • Feb 12Verdant Philippines Alpha Pte. Ltd. and Raslag Corp. (PSE:ASLAG) acquired Philippine Hybrid Energy Systems Inc.Verdant Philippines Alpha Pte. Ltd. and Raslag Corp. (PSE:ASLAG) signed a letter of intent to acquire Philippine Hybrid Energy Systems Inc. on March 27, 2025. Verdant Philippines Alpha Pte. Ltd. and Raslag Corp signed an agreement to acquire Philippine Hybrid Energy Systems Inc. on May 15, 2025. RASLAG will own 60% of PHC by purchasing 1,515,001 shares for PHP 6 million at PHP 3.96 per share. The transaction is subject to approval of offer by acquirer board. The deal has been approved by Raslag Corp.'s board. The closing of the acquisition is dependent on the approval of the relevant government agencies. As of October 24, 2025, Philippine Competition Commission approved the transaction. As of November 26, 2025 the parties expect the closing of the transaction within the year, barring unforeseen circumstances which may cause delay. Verdant Philippines Alpha Pte. Ltd. and Raslag Corp. (PSE:ASLAG) completed the acquisition of Philippine Hybrid Energy Systems Inc. on February 12, 2026.
Upcoming Dividend • Nov 20Upcoming dividend of ₱0.05 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 12 December 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Filipino dividend payers (6.5%). Higher than average of industry peers (4.6%).
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ₱0.19 (vs ₱0.01 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.19 (up from ₱0.01 in 3Q 2024). Revenue: ₱121.8m (up 32% from 3Q 2024). Net income: ₱277.9m (up ₱263.0m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
공시 • Nov 14Raslag Corp. announces Annual dividend, payable on December 12, 2025Raslag Corp. announced Annual dividend of PHP 0.0133 per share payable on December 12, 2025, ex-date on November 27, 2025 and record date on November 28, 2025.
New Risk • Nov 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 193% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Market cap is less than US$100m (₱1.20b market cap, or US$20.3m).
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₱0.03 (vs ₱0.04 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.03 (down from ₱0.04 in 2Q 2024). Revenue: ₱169.9m (up 25% from 2Q 2024). Net income: ₱45.9m (down 14% from 2Q 2024). Profit margin: 27% (down from 39% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 18Full year 2024 earnings released: EPS: ₱0.044 (vs ₱0.092 in FY 2023)Full year 2024 results: EPS: ₱0.044 (down from ₱0.092 in FY 2023). Revenue: ₱438.9m (down 5.4% from FY 2023). Net income: ₱66.0m (down 52% from FY 2023). Profit margin: 15% (down from 30% in FY 2023). The decrease in margin was primarily driven by higher expenses.
공시 • Apr 07+ 1 more updateRaslag Corp., Annual General Meeting, Jun 27, 2025Raslag Corp., Annual General Meeting, Jun 27, 2025, at 14:00 W. Australia Standard Time.
공시 • Nov 27+ 1 more updateRaslag Corp. Announces Change in Designation of Karl Geo D Origeneza from OIC Chief Finance Officer to Chief Finance OfficerThe Board of Directors of Raslag Corp. approved during its special meeting on November 25, 2024, the Promotion or Change in Designation of Karl Geo D Origeneza from OIC Chief Finance Officer to Chief Finance Officer. Date of Approval is November 25, 2024. Effective Date of Change is November 25, 2024.
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.01 (vs ₱0.02 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.01 (down from ₱0.02 in 3Q 2023). Revenue: ₱92.5m (down 10% from 3Q 2023). Net income: ₱14.8m (down 55% from 3Q 2023). Profit margin: 16% (down from 32% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.
공시 • Oct 18+ 1 more updateRaslag Corp. Declares Cash Dividends, Payable on November 25, 2024Raslag Corp. at its board of directors meeting held on October 15, 2024, approved declaration of cash dividends above the 50% cap indicated in ASLAG's dividend policy, for a total of PHP 75 Million or PHP 0.05 per share, to stockholders of record as of October 31, 2024 and payable on November 25, 2024.
Declared Dividend • Oct 18Dividend of ₱0.05 announcedShareholders will receive a dividend of ₱0.05. Ex-date: 30th October 2024 Payment date: 25th November 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 23% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₱1.29, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 11x in the Renewable Energy industry in Philippines. Total returns to shareholders of 7.4% over the past year.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ₱0.04 (vs ₱0.03 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.04 (up from ₱0.03 in 2Q 2023). Revenue: ₱136.2m (down 3.3% from 2Q 2023). Net income: ₱53.1m (up 3.5% from 2Q 2023). Profit margin: 39% (up from 36% in 2Q 2023). The increase in margin was driven by lower expenses.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ₱0.01 (vs ₱0.035 in 1Q 2023)First quarter 2024 results: EPS: ₱0.01 (down from ₱0.035 in 1Q 2023). Revenue: ₱102.8m (down 13% from 1Q 2023). Net income: ₱22.3m (down 58% from 1Q 2023). Profit margin: 22% (down from 45% in 1Q 2023). The decrease in margin was primarily driven by higher expenses.
Reported Earnings • Apr 17Full year 2023 earnings released: EPS: ₱0.09 (vs ₱0.11 in FY 2022)Full year 2023 results: EPS: ₱0.09 (down from ₱0.11 in FY 2022). Revenue: ₱463.8m (up 21% from FY 2022). Net income: ₱137.3m (down 6.7% from FY 2022). Profit margin: 30% (down from 38% in FY 2022). The decrease in margin was driven by higher expenses.
공시 • Apr 11Raslag Corp., Annual General Meeting, Jun 28, 2024Raslag Corp., Annual General Meeting, Jun 28, 2024, at 14:00 China Standard Time.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ₱0.02 (vs ₱0.03 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.02 (down from ₱0.03 in 3Q 2022). Revenue: ₱103.2m (down 7.2% from 3Q 2022). Net income: ₱33.0m (down 2.8% from 3Q 2022). Profit margin: 32% (up from 31% in 3Q 2022). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Oct 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₱1.24, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines. Total loss to shareholders of 30% over the past year.
공시 • Oct 18+ 1 more updateRaslag Corp. Appoints Pedro H. Maniego as Lead Independent Director, Effective October 17, 2023Raslag Corp. announced the designation of Pedro H. Maniego, Jr as Lead Independent Director, effective October 17, 2023. Pedro H. Maniego was elected as The chairman and president of the Institute of Corporation Directors effective on January 1 2024 in the organizational meeting held after the annual general meeting of the institute on October 11, 2023. he has been a trustee of the institute for the past eight years and served as the chairman of the fellow's strategy execution pathway, nominations and elections and golf committees. Director Maniego has been an independent director of the company since April 19, 2021 or for more than two years. He is the incumbent's chairman of the related party transactions committee and risk and oversight committee, as well as an increment member of the audit committee and corporate governance committee. He also previously served as an interim chairman of the nomination compensation and election committee.
New Risk • Aug 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). High level of non-cash earnings (27% accrual ratio). Minor Risk Market cap is less than US$100m (₱2.06b market cap, or US$36.5m).
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: ₱0.03 (vs ₱0.02 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.03 (up from ₱0.02 in 2Q 2022). Revenue: ₱140.8m (up 66% from 2Q 2022). Net income: ₱51.3m (up 73% from 2Q 2022). Profit margin: 36% (up from 35% in 2Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 19Full year 2022 earnings released: EPS: ₱0.11 (vs ₱0.11 in FY 2021)Full year 2022 results: EPS: ₱0.11. Revenue: ₱383.8m (up 32% from FY 2021). Net income: ₱147.1m (up 27% from FY 2021). Profit margin: 38% (down from 40% in FY 2021). The decrease in margin was driven by higher expenses.
공시 • Jan 30Raslag Corporation, Annual General Meeting, Jun 30, 2023Raslag Corporation, Annual General Meeting, Jun 30, 2023.
Recent Insider Transactions • Jan 04CFO & Director recently sold ₱414k worth of stockOn the 29th of December, Robert Gerard Nepomuceno sold around 250k shares on-market at roughly ₱1.66 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Robert Gerard has been a net buyer over the last 12 months, purchasing a net total of ₱1.6m worth of shares.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Vice Chairman & Treasurer Gerry Nepomuceno was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Nov 09Raslag Corporation Declares Cash Dividend, Payable on December 22, 2022Raslag Corporation declared cash dividends for a total amount of PHP 50,100,000.00, equivalent to PHP 0.0334 per common share, to stockholders of record as of December 8, 2022, payable on December 22, 2022.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₱1.93, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 14x in the Renewable Energy industry in Philippines.
공시 • Jun 08Raslag Corporation has completed an IPO in the amount of PHP 700 million.Raslag Corporation has completed an IPO in the amount of PHP 700 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 245,000,000 Price\Range: PHP 2 Discount Per Security: PHP 0.0554 Security Name: Common Shares Security Type: Common Stock Securities Offered: 105,000,000 Price\Range: PHP 2 Discount Per Security: PHP 0.0554
Board Change • Jun 06Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.