ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Finance

Alliance Global Group, Inc.

Company Background

Alliance Global Group is the holding company for Filipino-Chinese tycoon Andrew Tan, a self-made billionaire, who chairs the conglomerate at present. The conglomerate has stakes in property development, liquor, gaming and fast food. Its flagship real estate unit Megaworld is a major condominium builder and claims to be the country's biggest business process outsourcing office landlord. Its liquor unit, Emperador, produces the namesake brandy, which was the world's largest selling brandy by volume in 2013. Emperador also operates vineyards in Spain, and in a move to further expand abroad, the company acquired Whyte & Mackay for about $700 million in 2014.

 

Meanwhile, its gaming unit Travellers International Hotel Group is a joint venture with Malaysia's Genting Group. Travellers operates Resorts World Manila, and by 2018 it plans to open Bayshore City Resorts World at a Las Vegas-like gaming hub, which is being developed near Manila Bay. Alliance Global Group's unit Golden Arches Development is the master franchise holder of McDonald's in the Philippines.

Business Summary

Alliance Global Group, Inc. is an investment holding company, which engages in the food and beverage, real estate, and quick service restaurant businesses. It operates through the following segments: Megaworld, Travellers, GADC, and Emperador. The Megaworld segment consists of development of real estate, integrated resorts, leasing of properties, and hotel operations. The Travellers segment relates to tourism-oriented business that integrates entertainment, hospitality, and leisure. The GADC segment refers to operation of McDonald's restaurants in the Philippines. The Emperador segment engages in the manufacture and distribution of distilled spirits including the production of glass containers. The company was founded by Andrew L. Tan on October 12, 1993 and is headquartered in Quezon City, Philippines.

Financial Highlights

Dec 2019 PHPUSD
Revenue174,563.12M3,371.22M
Gross Profit71,803.25M1,386.68M
Operating income38,067.75M735.17M
Income before tax35,689.59M689.24M
Net income17,721.51M342.24M
EBITDA47,798.19M923.09M
Diluted EPS1.820.03
Dividends Per Share00
Total Assets644,476.32M12,725.36M
Total liabilities347,359.53M6,858.71M
Total equity179,373.80M3,541.78M
Operating cash flow34,525.75M666.77M
Currency in PHPCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 135,673.44M 136,911.61M 135,644.24M 151,452.22M 174,563.12M
Gross Profit 52,467.54M 57,028.55M 56,749.37M 61,399.50M 71,803.25M
Operating income 29,355.04M 32,969.57M 32,582.08M 33,354.74M 38,067.75M
Income before tax 26,658.33M 28,344.07M 28,842.59M 31,481.43M 35,689.59M
Net income 13,964.76M 14,801.00M 15,192.00M 15,114.29M 17,721.51M
EBITDA 33,841.19M 38,016.99M 38,421.64M 40,237.75M 47,798.19M
Diluted EPS 1.35 1.44 1.49 1.52 1.82
Dividends Per Share 0.31 0 0.10 0 0
Total Assets 448,724.75M 491,296.96M 535,612.15M 588,240.42M 644,476.32M
Total liabilities 217,536.56M 245,193.29M 261,339.06M 297,678.53M 347,359.53M
Total equity 137,056.49M 147,140.15M 164,158.16M 172,186.22M 179,373.80M
Operating cash flow 9,167.90M 3,211.13M 10,907.90M 17,772.44M 34,525.75M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 2,979.67M 2,883.10M 2,690.57M 2,874.79M 3,371.22M
Gross Profit 1,152.29M 1,200.91M 1,125.65M 1,165.45M 1,386.68M
Operating income 644.69M 694.27M 646.28M 633.12M 735.17M
Income before tax 585.47M 596.87M 572.10M 597.56M 689.24M
Net income 306.69M 311.68M 301.34M 286.89M 342.24M
EBITDA 743.22M 800.56M 762.11M 763.77M 923.09M
Diluted EPS 0.02 0.03 0.02 0.02 0.03
Dividends Per Share 0.00 0 0.00 0 0
Total Assets 9,536.17M 9,882.76M 10,729.41M 11,186.46M 12,725.36M
Total liabilities 4,623.02M 4,932.22M 5,235.15M 5,660.90M 6,858.71M
Total equity 2,912.68M 2,959.82M 3,288.42M 3,274.43M 3,541.78M
Operating cash flow 201.34M 67.62M 216.36M 337.34M 666.77M

Valuation Measures

Dec 2019
PER6.38
ROA2.87%
ROE10.08%
Operating margin21.80%
Profit margin10.15%

Key executives

  • Chief Executive Officer & Executive Director: Kevin Andrew L. Tan
  • President, Chief Operating Officer & Director: Kingson Uy Siok Sian
  • Chief Financial Officer & Compliance Officer: Dina D. R. Inting
  • Treasurer & Director: Katherine L. Tan
  • Investor Relations Contact: Caroline L. Kabigting

Shareholders

  • TAN CHONG BUAN LIM (41.8%)
  • Yorkshire Holdings, Inc. (4.8%)
  • Altavision Resources, Inc. (4.6%)
  • Capital Research & Management Co. (Global Investors) (4.2%)
  • Asiagroup Holdings, Inc. (2.2%)
  • Globaland Holdings, Inc. (2.2%)
  • Grand Belair Holdings, Inc. (2.2%)
  • Capital International, Inc. (Investment Management Singapore) (1.3%)
  • The Vanguard Group, Inc. (1.3%)
  • California Orchard Growers Investment, Inc. (1.2%)

Contact Details

  • Address: Eastwood City CyberPark 188 E Rodriguez, 20th Floor IBM Plaza, Junior Avenue Bagumbayan Quezon City, 1110, Philippines
  • Phone: +63.2.8709.2038

Related Companies

  • Dew Dreams International, Inc.
  • Fil-Estate Subic Development Corp.
  • Infracorp Development, Inc.
  • Shiok Success International, Inc.
  • Travellers Group Ltd.
  • Greenspring Investment Holdings Properties Ltd.
  • Alliance Global Group Cayman Islands, Inc.
  • Emperador Inc.
  • ERA Real Estate Exchange, Inc.
  • Venezia Universal Ltd.
  • Alliance Global Brands, Inc.
  • Adams Properties, Inc.
  • Alliance DHO Corp.
  • First Centro, Inc.
  • New Town Land Partners, Inc.
  • Y&M Development Corp.
  • Mckester Pik-Nik International Ltd.
  • Golden Arches Development Corp.
  • Megaworld Corp.

Competitors

  • Robinsons Land Corp.
  • Bloomberry Resorts Corporation
  • Berjaya Corp. Bhd.
  • SM Prime Holdings, Inc.
  • Ayala Land Inc.
  • Filinvest Land Incorporated
  • Diageo plc
  • Pernod Ricard SA
  • Cosco Capital, Inc.
  • Wendy's Company
  • Ginebra San Miguel, Inc.
  • Universal Entertainment Corporation
  • Jollibee Foods Corp.
  • Shakey's Pizza Asia Ventures, Inc.
  • Yum! Brands, Inc.
  • JG Summit Holdings Inc.
  • SM Investments Corporation
  • Century Properties Group Inc.
Last Updated on 27 Nov, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more