Reported Earnings • Apr 16
Full year 2025 earnings released: EPS: ₱0.13 (vs ₱0.11 in FY 2024) Full year 2025 results: EPS: ₱0.13 (up from ₱0.11 in FY 2024). Revenue: ₱14.9b (up 19% from FY 2024). Net income: ₱799.8m (up 11% from FY 2024). Profit margin: 5.4% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Mar 27
Alsons Consolidated Resources, Inc., Annual General Meeting, May 28, 2026 Alsons Consolidated Resources, Inc., Annual General Meeting, May 28, 2026, at 14:00 W. Australia Standard Time. Location: makati city Philippines New Risk • Jan 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₱3.52b market cap, or US$59.5m). Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₱0.039 (vs ₱0.038 in 3Q 2024) Third quarter 2025 results: EPS: ₱0.039 (up from ₱0.038 in 3Q 2024). Revenue: ₱3.13b (up 3.3% from 3Q 2024). Net income: ₱250.0m (up 3.2% from 3Q 2024). Profit margin: 8.0% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: ₱0.06 (vs ₱0.03 in 2Q 2024) Second quarter 2025 results: EPS: ₱0.06 (up from ₱0.03 in 2Q 2024). Revenue: ₱2.79b (down 14% from 2Q 2024). Net income: ₱380.6m (up 80% from 2Q 2024). Profit margin: 14% (up from 6.5% 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 15% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 20
Upcoming dividend of ₱0.02 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 16 July 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Filipino dividend payers (6.0%). Lower than average of industry peers (4.6%). Declared Dividend • May 31
Dividend of ₱0.02 announced Dividend of ₱0.02 is the same as last year. Ex-date: 27th June 2025 Payment date: 16th July 2025 Dividend yield will be 3.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 30
Alsons Consolidated Resources, Inc. announces Annual dividend, payable on July 16, 2025 Alsons Consolidated Resources, Inc. announced Annual dividend of PHP 0.0200 per share payable on July 16, 2025, ex-date on June 27, 2025 and record date on June 30, 2025. Reported Earnings • May 17
First quarter 2025 earnings released: EPS: ₱0.021 (vs ₱0.023 in 1Q 2024) First quarter 2025 results: EPS: ₱0.021 (down from ₱0.023 in 1Q 2024). Revenue: ₱2.99b (up 14% from 1Q 2024). Net income: ₱136.6m (down 6.7% from 1Q 2024). Profit margin: 4.6% (down from 5.6% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 16
Full year 2024 earnings released: EPS: ₱0.11 (vs ₱0.10 in FY 2023) Full year 2024 results: EPS: ₱0.11 (up from ₱0.10 in FY 2023). Revenue: ₱12.5b (up 1.0% from FY 2023). Net income: ₱722.2m (up 13% from FY 2023). Profit margin: 5.8% (up from 5.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Mar 20
Alsons Consolidated Resources, Inc., Annual General Meeting, May 29, 2025 Alsons Consolidated Resources, Inc., Annual General Meeting, May 29, 2025, at 14:00 W. Australia Standard Time. Location: makati city Philippines New Risk • Nov 24
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₱2.96b market cap, or US$50.1m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: ₱0.038 (vs ₱0.024 in 3Q 2023) Third quarter 2024 results: EPS: ₱0.038 (up from ₱0.024 in 3Q 2023). Revenue: ₱3.03b (down 1.3% from 3Q 2023). Net income: ₱242.3m (up 53% from 3Q 2023). Profit margin: 8.0% (up from 5.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Declared Dividend • Jun 01
Dividend of ₱0.02 announced Dividend of ₱0.02 is the same as last year. Ex-date: 17th June 2024 Payment date: 4th July 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 41% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 30
Alsons Consolidated Resources, Inc. Approves Cash Dividend for the Year Ended December 31, 2023, Payable on or Before July 4, 2024 The board of directors of Alsons Consolidated Resources, Inc. at its meeting held on May 30, 2024 approved the declaration of a cash dividend of PHP 0.02 per share or a total of PHP 125,830,000.00 out of the unrestricted retained earnings of the company as of December 31, 2023, in favor of holders of common shares as of record date June 18, 2024 and payable on or before July 4, 2024. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: ₱0.023 (vs ₱0.014 in 1Q 2023) First quarter 2024 results: EPS: ₱0.023 (up from ₱0.014 in 1Q 2023). Revenue: ₱2.62b (down 21% from 1Q 2023). Net income: ₱150.9m (up 71% from 1Q 2023). Profit margin: 5.8% (up from 2.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: ₱0.10 (vs ₱0.097 in FY 2022) Full year 2023 results: EPS: ₱0.10 (up from ₱0.097 in FY 2022). Revenue: ₱12.4b (up 3.6% from FY 2022). Net income: ₱641.1m (up 4.6% from FY 2022). Profit margin: 5.2% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Mar 15
Alsons Consolidated Resources, Inc., Annual General Meeting, May 30, 2024 Alsons Consolidated Resources, Inc., Annual General Meeting, May 30, 2024, at 14:00 Singapore Standard Time. Announcement • Dec 14
Alsons Consolidated Resources, Inc. Announces Retirement of Alexander Benhur M. Simon as Group Chief Financial Officer, Effective 31 December 2023 The Board of Alsons Consolidated Resources, Inc. in its 14 December 2023 special board meeting, accepted the optional retirement of its Group Chief Financial Officer, Mr. Alexander Benhur M. Simon, effective by the close of business on 31 December 2023. New Risk • Dec 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₱3.46b market cap, or US$62.6m). Reported Earnings • Nov 16
Third quarter 2023 earnings released: EPS: ₱0.024 (vs ₱0.043 in 3Q 2022) Third quarter 2023 results: EPS: ₱0.024 (down from ₱0.043 in 3Q 2022). Revenue: ₱3.07b (down 20% from 3Q 2022). Net income: ₱158.5m (down 41% from 3Q 2022). Profit margin: 5.2% (down from 7.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Aug 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (₱4.59b market cap, or US$81.1m). Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: ₱0.041 (vs ₱0.014 in 2Q 2022) Second quarter 2023 results: EPS: ₱0.041 (up from ₱0.014 in 2Q 2022). Revenue: ₱3.61b (up 32% from 2Q 2022). Net income: ₱256.0m (up 183% from 2Q 2022). Profit margin: 7.1% (up from 3.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 23
Upcoming dividend of ₱0.02 per share at 2.6% yield Eligible shareholders must have bought the stock before 30 June 2023. Payment date: 24 July 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Filipino dividend payers (5.8%). Lower than average of industry peers (3.7%). Announcement • Jun 20
Alsons Consolidated Resources, Inc. Declares Cash Dividend, Payable on or Before July 24, 2023 The board of directors of Alsons Consolidated Resources, Inc. at its meeting held on June 19, 2023, approved cash dividend of PHP 0.02 per share in favor of the common stockholders from the unrestricted retained earnings of the Corporation as of 31 December 2022. Record date is July 5, 2023 and payable on or before July 24, 2023. Reported Earnings • May 16
First quarter 2023 earnings released: EPS: ₱0.024 (vs ₱0.014 in 1Q 2022) First quarter 2023 results: EPS: ₱0.024 (up from ₱0.014 in 1Q 2022). Revenue: ₱3.32b (up 24% from 1Q 2022). Net income: ₱155.8m (up 82% from 1Q 2022). Profit margin: 4.7% (up from 3.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: ₱0.097 (vs ₱0.064 in FY 2021) Full year 2022 results: EPS: ₱0.097 (up from ₱0.064 in FY 2021). Revenue: ₱12.0b (up 19% from FY 2021). Net income: ₱617.3m (up 54% from FY 2021). Profit margin: 5.1% (up from 4.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 23
Third quarter 2022 earnings released: EPS: ₱0.043 (vs ₱0.009 in 3Q 2021) Third quarter 2022 results: EPS: ₱0.043 (up from ₱0.009 in 3Q 2021). Revenue: ₱3.85b (up 59% from 3Q 2021). Net income: ₱270.4m (up 387% from 3Q 2021). Profit margin: 7.0% (up from 2.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 8 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Thomas Aquino was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: ₱0.014 (vs ₱0.027 in 2Q 2021) Second quarter 2022 results: EPS: ₱0.014 (down from ₱0.027 in 2Q 2021). Revenue: ₱2.73b (up 11% from 2Q 2021). Net income: ₱90.5m (down 48% from 2Q 2021). Profit margin: 3.3% (down from 7.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 20
Upcoming dividend of ₱0.02 per share Eligible shareholders must have bought the stock before 27 June 2022. Payment date: 23 July 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Filipino dividend payers (4.9%). Lower than average of industry peers (3.1%). Reported Earnings • May 14
First quarter 2022 earnings released: EPS: ₱0.014 (vs ₱0.014 in 1Q 2021) First quarter 2022 results: EPS: ₱0.014 (vs ₱0.014 in 1Q 2021). Revenue: ₱2.67b (up 24% from 1Q 2021). Net income: ₱90.2m (up 1.9% from 1Q 2021). Profit margin: 3.4% (down from 4.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 8 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Thomas Aquino was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 24
Alsons Consolidated Resources, Inc., Annual General Meeting, May 26, 2022 Alsons Consolidated Resources, Inc., Annual General Meeting, May 26, 2022, at 14:00 Singapore Standard Time. Agenda: To approve 2021 Annual Report; to approve authority to issue corporate guarantees and sureties; to approve election of directors; to appoint external auditors; and to approve other matters. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: ₱0.064 (vs ₱0.051 in FY 2020) Full year 2021 results: EPS: ₱0.064 (up from ₱0.051 in FY 2020). Revenue: ₱10.1b (up 6.2% from FY 2020). Net income: ₱404.6m (up 26% from FY 2020). Profit margin: 4.0% (up from 3.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 21
Third quarter 2021 earnings released: EPS ₱0.008 (vs ₱0.005 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₱2.42b (up 19% from 3Q 2020). Net income: ₱55.5m (up 94% from 3Q 2020). Profit margin: 2.3% (up from 1.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ₱0.027 (vs ₱0.044 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱2.47b (down 20% from 2Q 2020). Net income: ₱174.2m (down 37% from 2Q 2020). Profit margin: 7.0% (down from 9.0% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 18
Upcoming dividend of ₱0.02 per share Eligible shareholders must have bought the stock before 25 June 2021. Payment date: 23 July 2021. Trailing yield: 1.5%. Lower than top quartile of Filipino dividend payers (3.9%). Lower than average of industry peers (2.7%). Announcement • May 21
Alsons Consolidated Resources, Inc. Declares Cash Dividend on Common Shares, Payable on July 23, 2021 The board of directors of Alsons Consolidated Resources, Inc. at its meeting held on May 20, 2021, approved cash dividend of PHP 0.02 per share in favor of the common stockholders from the unrestricted retained earnings of the Corporation as of 31 December 2020. Record date is June 30, 2021 and payment date is July 23, 2021. Reported Earnings • May 18
First quarter 2021 earnings released: EPS ₱0.014 (vs ₱0.009 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ₱2.16b (down 2.4% from 1Q 2020). Net income: ₱92.9m (up 69% from 1Q 2020). Profit margin: 4.3% (up from 2.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS ₱0.051 (vs ₱0.023 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₱9.47b (up 39% from FY 2019). Net income: ₱325.1m (up 127% from FY 2019). Profit margin: 3.4% (up from 2.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 19
Alsons Consolidated Resources, Inc., Annual General Meeting, May 20, 2021 Alsons Consolidated Resources, Inc., Annual General Meeting, May 20, 2021, at 14:30 Singapore Standard Time. Agenda: To consider approval of the Minutes of the Annual Meeting of the Stockholders held on July 23, 2020; to approve the Annual Report, and the 2019 Audited Financial Statements; to approve ratification of Acts of the Board and Management; to approve appointment of External Auditors; to approve election of Directors (including Independent Directors); to approve other business that may properly be brought before the Meeting; and to consider Adjournment. Executive Departure • Mar 10
Director has left the company On the 1st of March, Conrado Rafael Alcantara's tenure as Director ended after 10.3 years in the role. As of December 2020, Conrado Rafael personally held only 1.00 share (₱1.0 worth at the time). Conrado Rafael is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Mar 09
New 90-day low: ₱1.26 The company is down 11% from its price of ₱1.41 on 09 December 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 1.0% over the same period. Announcement • Mar 09
Alsons Consolidated Resources, Inc. Announces Resignation of Mr. Conrado Rafael C. Alcantara as Director Alsons Consolidated Resources, Inc. announced that at its special meeting held on February 18, 2021, the board approved the resignation of Mr. Conrado Rafael C. Alcantara as a Director. Is New 90 Day High Low • Oct 28
New 90-day high: ₱1.39 The company is up 18% from its price of ₱1.18 on 30 July 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 14% over the same period. 
