View ValuationCiticore Renewable Energy 향후 성장Future 기준 점검 6/6Citicore Renewable Energy (는) 각각 연간 49.5% 및 37.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 15.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 20.4% 로 예상됩니다.핵심 정보49.5%이익 성장률15.09%EPS 성장률Electric Utilities 이익 성장9.5%매출 성장률37.5%향후 자기자본이익률20.41%애널리스트 커버리지Low마지막 업데이트29 Apr 2026최근 향후 성장 업데이트Major Estimate Revision • May 23Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₱8.94b to ₱7.49b. EPS estimate fell from ₱0.276 to ₱0.221 per share. Net income forecast to grow 189% next year vs 6.9% growth forecast for Electric Utilities industry in Philippines. Consensus price target up from ₱3.90 to ₱5.00. Share price was steady at ₱3.85 over the past week.모든 업데이트 보기Recent updatesReported Earnings • May 16First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: ₱1.14b (down 19% from 1Q 2025). Net income: ₱272.4m (up 98% from 1Q 2025). Profit margin: 24% (up from 9.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electric Utilities industry in Asia.공시 • May 14Citicore Renewable Energy Corporation to Report Q1, 2026 Results on May 14, 2026Citicore Renewable Energy Corporation announced that they will report Q1, 2026 results on May 14, 2026Reported Earnings • Mar 31Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₱0.074. Revenue: ₱5.32b (up 3.4% from FY 2024). Net income: ₱745.5m (up 21% from FY 2024). Profit margin: 14% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to grow 65% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Electric Utilities industry in Asia.공시 • Mar 27Citicore Renewable Energy Corporation, Annual General Meeting, Jun 08, 2026Citicore Renewable Energy Corporation, Annual General Meeting, Jun 08, 2026, at 14:00 W. Australia Standard Time.공시 • Jan 05Citicore Renewable Energy Corporation Announces Retirement of Abigail Joan R. Cosico as Director and Chief Investor Relations, Corporate Communications, Effective January 1, 2026Citicore Renewable Energy Corporation announced that during the special board of directors meeting held on January 5, 2026, the board of directors noted and approved the retirement of Ms. Abigail Joan R. Cosico as Director and Chief Investor Relations, Corporate Communications, and Branding Officer, effective January 1, 2026. Ms. Abigail Joan R. Cosico retired to pursue personal endeavors.Reported Earnings • Nov 15Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₱1.15b (down 11% from 3Q 2024). Net income: ₱242.0m (up 18% from 3Q 2024). Profit margin: 21% (up from 16% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electric Utilities industry in Asia.공시 • Nov 12Citicore Renewable Energy Corporation Announces Executive Changes, Effective November 12, 2025During the regular board of directors meeting held on 12 November 2025, the board of directors of Citicore Renewable Energy Corporation approved the resignation of Ms. Michelle A. Magdato as Treasurer, and the appointment of Ms. Athena Ava Alsol as Treasurer, effective 12 November 2025. Ms. Michelle A.Magdato resigned as Treasurer due to personal reasons.Recent Insider Transactions • Oct 04Insider recently sold ₱876k worth of stockOn the 1st of October, Abigail Joan Cosico sold around 200k shares on-market at roughly ₱4.38 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱128k more than they bought in the last 12 months.공시 • Aug 22Citicore Renewable Energy Corporation Elects Abigail Joan R. Cosico as Member of the Board of DirectorsCiticore Renewable Energy Corporation announced that the special stockholders meeting held 20 August 2025, the stockholders approved the election of Ms. Abigail Joan R. Cosico as a member of the board of directors, subject to and effective on the final approval by the Securities and Exchange Commission of the amendment of the articles of incorporation to increase the number of board seats to eight (8).Board Change • Aug 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Lead Independent Director Topper Coronel was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 15Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₱1.26b (up 16% from 2Q 2024). Net income: ₱305.5m (up 177% from 2Q 2024). Profit margin: 24% (up from 10% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electric Utilities industry in Asia.공시 • Aug 14Citicore Renewable Energy Corporation to Report Q2, 2025 Results on Aug 13, 2025Citicore Renewable Energy Corporation announced that they will report Q2, 2025 results on Aug 13, 2025New Risk • Jul 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). High level of non-cash earnings (56% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (25% increase in shares outstanding).공시 • Jun 20Citicore Renewable Energy Corporation Announces Resignation of Abigail Joan R. Cosico as Director, Effective 18 June 2025Citicore Renewable Energy Corporation at its special meeting held, 18 June 2025, the Board of Directors of the company noted and approved the resignation of Ms. Abigail Joan R. Cosico as director of the Corporation, effective 18 June 2025. Reason: In anticipation of the subsequent election of a new director.Major Estimate Revision • May 23Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₱8.94b to ₱7.49b. EPS estimate fell from ₱0.276 to ₱0.221 per share. Net income forecast to grow 189% next year vs 6.9% growth forecast for Electric Utilities industry in Philippines. Consensus price target up from ₱3.90 to ₱5.00. Share price was steady at ₱3.85 over the past week.Reported Earnings • May 16First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: ₱1.41b (up 35% from 1Q 2024). Net income: ₱137.9m (up 2.2% from 1Q 2024). Profit margin: 9.8% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electric Utilities industry in Asia.Reported Earnings • Apr 09Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₱0.076 (down from ₱0.096 in FY 2023). Revenue: ₱5.15b (up 40% from FY 2023). Net income: ₱618.3m (down 9.7% from FY 2023). Profit margin: 12% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 35%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 54% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electric Utilities industry in Asia.공시 • Apr 04Citicore Renewable Energy Corporation, Annual General Meeting, Jun 09, 2025Citicore Renewable Energy Corporation, Annual General Meeting, Jun 09, 2025, at 14:00 W. Australia Standard Time.New Risk • Nov 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.4% 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 (7.4% operating cash flow to total debt). High level of non-cash earnings (74% accrual ratio).공시 • Sep 26+ 1 more updateCiticore Renewable Energy Corporation Announces CFO ChangesCiticore Renewable Energy Corporation at its special meeting held on September 26, 2024, approved resignation of Ms. Mia Grace Paula S. Cortez as Chief Finance Officer and appointment of Ms. Ma. Lucia Lorenz L. Roderos as Chief Finance Officer, effective 1 October 2024. Reason(s) for Resignation is due to Personal reasons.Reported Earnings • Aug 16Second quarter 2024 earnings releasedSecond quarter 2024 results: EPS: ₱0.015. Net income: ₱110.3m (up ₱110.3m from 2Q 2023). Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Electric Utilities industry in Asia.공시 • Aug 08Citicore Renewable Energy Corporation Appoints Raymund Jay S. Gomez as Chief Compliance OfficerDuring the organizational meeting of the Board of Directors of Citicore Renewable Energy Corporation held on August 7, 2024, the Board approved the appointment of Raymund Jay S. Gomez as Chief Compliance Officer of the company, effective August 7, 2024.Recent Insider Transactions • Jul 16President recently bought ₱11m worth of stockOn the 12th of July, Oliver Tan bought around 4m shares on-market at roughly ₱2.61 per share. This transaction increased Oliver's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Oliver has been a buyer over the last 12 months, purchasing a net total of ₱22m worth in shares.공시 • Jun 22Citicore Renewable Energy Corporation, Annual General Meeting, Aug 07, 2024Citicore Renewable Energy Corporation, Annual General Meeting, Aug 07, 2024, at 14:00 W. Australia Standard Time.공시 • Jun 20Citicore Renewable Energy Corporation Appoints Steven Angelo Michael C. Sy, Assistant Corporate Secretary; and Corporate Information OfficerCiticore Renewable Energy Corporation announced that The Board of Directors, at a special meeting held on 19 June 2024, approved the appointment of Mr. Steven Angelo Michael C. Sy, the Corporation's Corporate Legal Counsel, as the Corporation's (i) Assistant Corporate Secretary; and (ii) Corporate Information Officer, effective 19 June 2024.공시 • Jun 08Citicore Renewable Energy Corporation has completed an IPO in the amount of PHP 4.821431 billion.Citicore Renewable Energy Corporation has completed an IPO in the amount of PHP 4.821431 billion. Security Name: Common Shares Security Type: Common Stock Securities Offered: 535,715,000 Price\Range: PHP 2.7 Security Name: Common Shares Security Type: Common Stock Securities Offered: 1,250,000,000 Price\Range: PHP 2.7Board Change • Jun 07Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Mar 28SM Investments Corporation (PSE:SM) acquired 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion.SM Investments Corporation (PSE:SM) acquired 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion on March 27, 2024.SM Investments Corporation (PSE:SM) completed the acquisition of 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion on March 27, 2024.이익 및 매출 성장 예측PSE:CREC - 애널리스트 향후 추정치 및 과거 재무 데이터 (PHP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202813,6844,054N/AN/A112/31/202718,5115,973-15,73011,898212/31/202610,3162,6654,2257,45413/31/20265,056880-17,0653,525N/A12/31/20255,319746-19,8681,792N/A9/30/20255,582829-15,6663,133N/A6/30/20255,727792-21,0983,508N/A3/31/20255,553637-16,7122,952N/A12/31/20245,146618-12,4372,763N/A9/30/20244,448611-17,5231,389N/A6/30/20243,917609-5,787922N/A3/31/20243,756672-2,984679N/A12/31/20233,684685-4,279905N/A12/31/20222,7906321,0071,011N/A12/31/20211,009192330359N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CREC 의 연간 예상 수익 증가율(49.5%)이 saving rate(6%)보다 높습니다.수익 vs 시장: CREC 의 연간 수익(49.5%)이 PH 시장(8.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: CREC 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: CREC 의 수익(연간 37.5%)이 PH 시장(연간 7.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: CREC 의 수익(연간 37.5%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: CREC의 자본 수익률은 3년 후 20.4%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 06:31종가2026/05/25 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 소스Citicore Renewable Energy Corporation는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jan Derrick GuarinCLSAMicaela Gabrielle AbaquitaUBS Investment Bank
Major Estimate Revision • May 23Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₱8.94b to ₱7.49b. EPS estimate fell from ₱0.276 to ₱0.221 per share. Net income forecast to grow 189% next year vs 6.9% growth forecast for Electric Utilities industry in Philippines. Consensus price target up from ₱3.90 to ₱5.00. Share price was steady at ₱3.85 over the past week.
Reported Earnings • May 16First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: ₱1.14b (down 19% from 1Q 2025). Net income: ₱272.4m (up 98% from 1Q 2025). Profit margin: 24% (up from 9.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electric Utilities industry in Asia.
공시 • May 14Citicore Renewable Energy Corporation to Report Q1, 2026 Results on May 14, 2026Citicore Renewable Energy Corporation announced that they will report Q1, 2026 results on May 14, 2026
Reported Earnings • Mar 31Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₱0.074. Revenue: ₱5.32b (up 3.4% from FY 2024). Net income: ₱745.5m (up 21% from FY 2024). Profit margin: 14% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to grow 65% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Electric Utilities industry in Asia.
공시 • Mar 27Citicore Renewable Energy Corporation, Annual General Meeting, Jun 08, 2026Citicore Renewable Energy Corporation, Annual General Meeting, Jun 08, 2026, at 14:00 W. Australia Standard Time.
공시 • Jan 05Citicore Renewable Energy Corporation Announces Retirement of Abigail Joan R. Cosico as Director and Chief Investor Relations, Corporate Communications, Effective January 1, 2026Citicore Renewable Energy Corporation announced that during the special board of directors meeting held on January 5, 2026, the board of directors noted and approved the retirement of Ms. Abigail Joan R. Cosico as Director and Chief Investor Relations, Corporate Communications, and Branding Officer, effective January 1, 2026. Ms. Abigail Joan R. Cosico retired to pursue personal endeavors.
Reported Earnings • Nov 15Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₱1.15b (down 11% from 3Q 2024). Net income: ₱242.0m (up 18% from 3Q 2024). Profit margin: 21% (up from 16% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electric Utilities industry in Asia.
공시 • Nov 12Citicore Renewable Energy Corporation Announces Executive Changes, Effective November 12, 2025During the regular board of directors meeting held on 12 November 2025, the board of directors of Citicore Renewable Energy Corporation approved the resignation of Ms. Michelle A. Magdato as Treasurer, and the appointment of Ms. Athena Ava Alsol as Treasurer, effective 12 November 2025. Ms. Michelle A.Magdato resigned as Treasurer due to personal reasons.
Recent Insider Transactions • Oct 04Insider recently sold ₱876k worth of stockOn the 1st of October, Abigail Joan Cosico sold around 200k shares on-market at roughly ₱4.38 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱128k more than they bought in the last 12 months.
공시 • Aug 22Citicore Renewable Energy Corporation Elects Abigail Joan R. Cosico as Member of the Board of DirectorsCiticore Renewable Energy Corporation announced that the special stockholders meeting held 20 August 2025, the stockholders approved the election of Ms. Abigail Joan R. Cosico as a member of the board of directors, subject to and effective on the final approval by the Securities and Exchange Commission of the amendment of the articles of incorporation to increase the number of board seats to eight (8).
Board Change • Aug 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Lead Independent Director Topper Coronel was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 15Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₱1.26b (up 16% from 2Q 2024). Net income: ₱305.5m (up 177% from 2Q 2024). Profit margin: 24% (up from 10% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electric Utilities industry in Asia.
공시 • Aug 14Citicore Renewable Energy Corporation to Report Q2, 2025 Results on Aug 13, 2025Citicore Renewable Energy Corporation announced that they will report Q2, 2025 results on Aug 13, 2025
New Risk • Jul 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). High level of non-cash earnings (56% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (25% increase in shares outstanding).
공시 • Jun 20Citicore Renewable Energy Corporation Announces Resignation of Abigail Joan R. Cosico as Director, Effective 18 June 2025Citicore Renewable Energy Corporation at its special meeting held, 18 June 2025, the Board of Directors of the company noted and approved the resignation of Ms. Abigail Joan R. Cosico as director of the Corporation, effective 18 June 2025. Reason: In anticipation of the subsequent election of a new director.
Major Estimate Revision • May 23Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₱8.94b to ₱7.49b. EPS estimate fell from ₱0.276 to ₱0.221 per share. Net income forecast to grow 189% next year vs 6.9% growth forecast for Electric Utilities industry in Philippines. Consensus price target up from ₱3.90 to ₱5.00. Share price was steady at ₱3.85 over the past week.
Reported Earnings • May 16First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: ₱1.41b (up 35% from 1Q 2024). Net income: ₱137.9m (up 2.2% from 1Q 2024). Profit margin: 9.8% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electric Utilities industry in Asia.
Reported Earnings • Apr 09Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₱0.076 (down from ₱0.096 in FY 2023). Revenue: ₱5.15b (up 40% from FY 2023). Net income: ₱618.3m (down 9.7% from FY 2023). Profit margin: 12% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 35%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 54% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electric Utilities industry in Asia.
공시 • Apr 04Citicore Renewable Energy Corporation, Annual General Meeting, Jun 09, 2025Citicore Renewable Energy Corporation, Annual General Meeting, Jun 09, 2025, at 14:00 W. Australia Standard Time.
New Risk • Nov 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.4% 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 (7.4% operating cash flow to total debt). High level of non-cash earnings (74% accrual ratio).
공시 • Sep 26+ 1 more updateCiticore Renewable Energy Corporation Announces CFO ChangesCiticore Renewable Energy Corporation at its special meeting held on September 26, 2024, approved resignation of Ms. Mia Grace Paula S. Cortez as Chief Finance Officer and appointment of Ms. Ma. Lucia Lorenz L. Roderos as Chief Finance Officer, effective 1 October 2024. Reason(s) for Resignation is due to Personal reasons.
Reported Earnings • Aug 16Second quarter 2024 earnings releasedSecond quarter 2024 results: EPS: ₱0.015. Net income: ₱110.3m (up ₱110.3m from 2Q 2023). Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Electric Utilities industry in Asia.
공시 • Aug 08Citicore Renewable Energy Corporation Appoints Raymund Jay S. Gomez as Chief Compliance OfficerDuring the organizational meeting of the Board of Directors of Citicore Renewable Energy Corporation held on August 7, 2024, the Board approved the appointment of Raymund Jay S. Gomez as Chief Compliance Officer of the company, effective August 7, 2024.
Recent Insider Transactions • Jul 16President recently bought ₱11m worth of stockOn the 12th of July, Oliver Tan bought around 4m shares on-market at roughly ₱2.61 per share. This transaction increased Oliver's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Oliver has been a buyer over the last 12 months, purchasing a net total of ₱22m worth in shares.
공시 • Jun 22Citicore Renewable Energy Corporation, Annual General Meeting, Aug 07, 2024Citicore Renewable Energy Corporation, Annual General Meeting, Aug 07, 2024, at 14:00 W. Australia Standard Time.
공시 • Jun 20Citicore Renewable Energy Corporation Appoints Steven Angelo Michael C. Sy, Assistant Corporate Secretary; and Corporate Information OfficerCiticore Renewable Energy Corporation announced that The Board of Directors, at a special meeting held on 19 June 2024, approved the appointment of Mr. Steven Angelo Michael C. Sy, the Corporation's Corporate Legal Counsel, as the Corporation's (i) Assistant Corporate Secretary; and (ii) Corporate Information Officer, effective 19 June 2024.
공시 • Jun 08Citicore Renewable Energy Corporation has completed an IPO in the amount of PHP 4.821431 billion.Citicore Renewable Energy Corporation has completed an IPO in the amount of PHP 4.821431 billion. Security Name: Common Shares Security Type: Common Stock Securities Offered: 535,715,000 Price\Range: PHP 2.7 Security Name: Common Shares Security Type: Common Stock Securities Offered: 1,250,000,000 Price\Range: PHP 2.7
Board Change • Jun 07Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Mar 28SM Investments Corporation (PSE:SM) acquired 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion.SM Investments Corporation (PSE:SM) acquired 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion on March 27, 2024.SM Investments Corporation (PSE:SM) completed the acquisition of 28.79% stake in Citicore Energy REIT Corp. (PSE:CREIT) from Citicore Renewable Energy Corporation (PSE:CREC) for PHP5 billion on March 27, 2024.