View Financial HealthSPC Power 배당 및 자사주 매입배당 기준 점검 4/6SPC Power 수익으로 충분히 충당되는 현재 수익률 11.3% 보유한 배당금 지급 회사입니다.핵심 정보11.3%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률5.6%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향52%최근 배당 및 자사주 매입 업데이트Upcoming 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%).공지 • 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%).공지 • 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.공지 • 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%).모든 업데이트 보기Recent 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.공지 • 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%).공지 • 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.공지 • 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.공지 • 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.공지 • 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.공지 • 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%.공지 • 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.공지 • 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 Philippines공지 • 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.공지 • 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.공지 • 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.공지 • 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.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: SPC 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: SPC 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장SPC Power 배당 수익률 vs 시장SPC의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (SPC)11.3%시장 하위 25% (PH)2.7%시장 상위 25% (PH)6.4%업계 평균 (Renewable Energy)3.0%분석가 예측 (SPC) (최대 3년)n/a주목할만한 배당금: SPC 의 배당금( 11.3% )은 PH 시장에서 배당금 지급자의 하위 25%( 2.7% )보다 높습니다.고배당: SPC 의 배당금( 11.3% )은 PH 시장( 6.42% )주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 52% )을 통해 SPC 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 106.2% )이 높기 때문에 SPC 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YPH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 08:12종가2026/05/06 00:00수익2025/12/31연간 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 소스SPC Power Corporation는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
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%).
공지 • 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%).
공지 • 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.
공지 • 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.
공지 • 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%).
공지 • 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.
공지 • 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.
공지 • 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.
공지 • 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.
공지 • 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%.
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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.
공지 • 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.
공지 • 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.