Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. No independent directors (5 non-independent directors). Director Luis Grez Jordan was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 02
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. No independent directors (5 non-independent directors). Director Luis Grez Jordan was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Mar 12
Quemchi S.A., Annual General Meeting, Apr 10, 2026 Quemchi S.A., Annual General Meeting, Apr 10, 2026. Location: hendaya no 60 15th floor, las condes, santiago Chile Board Change • Dec 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Luis Grez Jordán was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Luis Grez Jordán was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Luis Grez Jordán was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 12
Quemchi S.A., Annual General Meeting, Apr 11, 2025 Quemchi S.A., Annual General Meeting, Apr 11, 2025. Location: hendava n60 15th floor, las condes, santiago Chile Board Change • Dec 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Luis Grez Jordán was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Luis Grez Jordán was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CL$95.2b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Revenue is less than US$5m (CL$4.3b revenue, or US$4.5m). Market cap is less than US$100m (CL$95.2b market cap, or US$99.9m). Upcoming Dividend • Aug 19
Upcoming dividend of CL$270 per share Eligible shareholders must have bought the stock before 26 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 25%. Within top quartile of Chilean dividend payers (9.8%). Higher than average of industry peers (5.5%). Reported Earnings • Aug 12
Second quarter 2024 earnings released: EPS: CL$595 (vs CL$53.98 in 2Q 2023) Second quarter 2024 results: EPS: CL$595 (up from CL$53.98 in 2Q 2023). Net income: CL$72.6b (up CL$65.0b from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Jun 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CL$95.2b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1,733% net profit margin). Revenue is less than US$5m (CL$3.9b revenue, or US$4.1m). Market cap is less than US$100m (CL$95.2b market cap, or US$99.9m). Reported Earnings • May 08
First quarter 2024 earnings released: EPS: CL$434 (vs CL$256 in 1Q 2023) First quarter 2024 results: EPS: CL$434 (up from CL$256 in 1Q 2023). Net income: CL$53.0b (up 70% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Apr 29
Upcoming dividend of CL$193 per share Eligible shareholders must have bought the stock before 06 May 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 20%. Within top quartile of Chilean dividend payers (12%). Higher than average of industry peers (6.3%). New Risk • Mar 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 41% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1,618% net profit margin). Revenue is less than US$5m (CL$2.8b revenue, or US$2.9m). Market cap is less than US$100m (CL$95.2b market cap, or US$98.4m). Reported Earnings • Mar 07
Full year 2023 earnings released: EPS: CL$372 (vs CL$358 in FY 2022) Full year 2023 results: EPS: CL$372 (up from CL$358 in FY 2022). Net income: CL$45.4b (up 4.0% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Feb 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CL$95.2b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2,129% net profit margin). Revenue is less than US$5m (CL$1.8b revenue, or US$1.9m). Market cap is less than US$100m (CL$95.2b market cap, or US$99.7m). Reported Earnings • Nov 10
Third quarter 2023 earnings released: CL$8.12 loss per share (vs CL$253 loss in 3Q 2022) Third quarter 2023 results: CL$8.12 loss per share (improved from CL$253 loss in 3Q 2022). Net loss: CL$1.15b (loss narrowed 97% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: CL$53.98 (vs CL$361 in 2Q 2022) Second quarter 2023 results: EPS: CL$53.98 (down from CL$361 in 2Q 2022). Net income: CL$7.66b (down 85% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • May 15
Upcoming dividend of CL$154 per share at 4.5% yield Eligible shareholders must have bought the stock before 22 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Chilean dividend payers (13%). Lower than average of industry peers (20%). Reported Earnings • Mar 16
Full year 2022 earnings released: EPS: CL$358 (vs CL$928 in FY 2021) Full year 2022 results: EPS: CL$358 (down from CL$928 in FY 2021). Net income: CL$43.7b (down 61% from FY 2021). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: CL$361 (vs CL$379 in 2Q 2021) Second quarter 2022 results: EPS: CL$361 (down from CL$379 in 2Q 2021). Net income: CL$51.3b (down 4.7% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 05
First quarter 2022 earnings released: EPS: CL$224 (vs CL$164 in 1Q 2021) First quarter 2022 results: EPS: CL$224 (up from CL$164 in 1Q 2021). Net income: CL$27.3b (up 36% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Director Benito Bustamante Castagnola was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 12
Upcoming dividend of CL$17.44 per share Eligible shareholders must have bought the stock before 18 April 2022. Payment date: 22 April 2022. Payout ratio is a comfortable 3.2% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Chilean dividend payers (9.2%). Lower than average of industry peers (11%). Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CL$928 (up from CL$74.15 in FY 2020). Net income: CL$113.2b (up CL$104.1b from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Dec 09
Inaugural dividend of CL$12.29 per share Eligible shareholders must have bought the stock before 16 December 2021. Payment date: 21 December 2021. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in March 2011. The average dividend yield among industry peers is 3.8%. Reported Earnings • Nov 10
Third quarter 2021 earnings released: CL$74.20 loss per share (vs CL$57.38 profit in 3Q 2020) Third quarter 2021 results: Net loss: CL$10.5b (down 250% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS CL$379 (vs CL$41.51 in 2Q 2020) Second quarter 2021 results: Net income: CL$53.8b (up CL$48.7b from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jun 03
First quarter 2021 earnings released: EPS CL$164 (vs CL$152 loss in 1Q 2020) First quarter 2021 results: Net income: CL$20.0b (up CL$38.5b from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS CL$74.14 (vs CL$133 in FY 2019) Full year 2020 results: Net income: CL$9.05b (down 44% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS CL$57.38 Third quarter 2020 results: Net income: CL$7.00b (up 85% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.