DMCI Holdings, Inc.

In the news

Chinese appetite for Manila condos grows with warmer ties, weaker peso Mar 29, 2018
Southeast Asia's power plants are getting an IoT upgrade Sep 7, 2017
DMCI Holdings founder David Consunji dies at 95 Sep 5, 2017
Southeast Asia gets smart about power plants Sep 4, 2017
Duterte threatens to impose minerals export ban Aug 3, 2017

See more articles on DMCI Holdings, Inc.

Company Background

DMCI Holdings is a major Philippine infrastructure conglomerate founded by Filipino-Chinese businessman Isidro Consunji, who served as transportation and public works minister during the Ferdinand Marcos administration in the 1970s. DMCI Holdings was incorporated on March 8, 1995, as a holding company of the Consunji family. It was listed on the Philippine Stock Exchange on Dec. 18 the same year.

The company has five operating subsidiaries, namely: D.M. Consunji (construction services), DMCI Project Developers (real estate development), Semirara Mining (coal mining), DMCI Mining (nickel mining), and DMCI Power (power generation). It also has affiliates in water distribution, DMCI-MPIC Water Company, and road infrastructure, Private Infra Dev.

The company is investing heavily in the expansion of its power generation capacity on the back of rising demand for electricity in the Philippines. The company is also evaluating plans for regional expansion. For instance, DMCI Homes officials in 2013 went to Myanmar to look for opportunities in the residential sector.

Business Summary

DMCI Holdings, Inc. engages in the provision of civil engineering and general construction services. It operates through the following segments: Construction & Others, Coal Mining, Nickel Mining, Real Estate, On-grid Power, Off-grid Power, and Water. The Construction & Others segment covers various construction component businesses such as production and trading of concept products; handling steel fabrication; and electrical and foundation works. The Coal Mining segment explores, mines, and develops coal resources in Semirara Island. The Nickel Mining segment mines and sells nickel ore from existing stockpile in Acoje and Berong mines. The Real Estate segment focuses in mid-income residential development under the DMCI Homes brand. The On-grid Power segment engages in power generation through coal-fired power plants. The Off-grid Power segment is engaged in power generation through satellite power plants providing electricity to areas that are not connected to the main transmission grid. The Water segment provides water services for the west portion of Metro Manila, Olongapo City, and Subic Bay Freeport. The company was founded by David M. Consunji on March 8, 1995 and is headquartered in Makati, Philippines.

Financial Highlights

Dec 2019	PHP	USD
Revenue	87,761.22M	1,694.87M
Gross Profit	26,383.39M	509.52M
Operating income	16,154.20M	311.97M
Income before tax	14,801.98M	285.86M
Net income	10,533.13M	203.41M
EBITDA	25,388.99M	490.32M
Diluted EPS	0.79	0.01
Dividends Per Share	0.48	0.00
Total Assets	200,921.13M	3,967.24M
Total liabilities	98,083.05M	1,936.67M
Total equity	82,403.64M	1,627.08M
Operating cash flow	24,746.48M	477.91M
	Currency in PHP	Currency in USD

Historical Data

PHP | USD

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019
Revenue	57,203.92M	68,287.48M	80,702.74M	82,842.86M	87,761.22M
Gross Profit	24,589.54M	26,360.62M	32,757.28M	29,129.17M	26,383.39M
Operating income	16,868.13M	17,632.44M	21,624.81M	20,400.73M	16,154.20M
Income before tax	18,151.22M	20,512.98M	24,177.27M	23,054.32M	14,801.98M
Net income	12,834.66M	12,680.49M	14,764.55M	14,512.93M	10,533.13M
EBITDA	20,514.65M	24,145.14M	29,914.13M	30,392.19M	25,388.99M
Diluted EPS	0.97	0.96	1.11	1.09	0.79
Dividends Per Share	0.48	0.48	0.48	0.96	0.48
Total Assets	148,639.73M	156,062.51M	172,028.85M	182,744M	200,921.13M
Total liabilities	73,864.55M	72,317.91M	78,422.30M	85,664.54M	98,083.05M
Total equity	62,504.71M	67,995.87M	76,362.41M	78,542.52M	82,403.64M
Operating cash flow	13,650.19M	20,380.49M	22,179.48M	17,828.91M	24,746.48M

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019
Revenue	1,256.31M	1,438.00M	1,600.77M	1,572.48M	1,694.87M
Gross Profit	540.03M	555.10M	649.75M	552.91M	509.52M
Operating income	370.45M	371.30M	428.93M	387.23M	311.97M
Income before tax	398.63M	431.96M	479.56M	437.60M	285.86M
Net income	281.87M	267.02M	292.86M	275.47M	203.41M
EBITDA	450.54M	508.45M	593.36M	576.88M	490.32M
Diluted EPS	0.02	0.02	0.02	0.02	0.01
Dividends Per Share	0.01	0.01	0.00	0.01	0.00
Total Assets	3,158.85M	3,139.30M	3,446.09M	3,475.21M	3,967.24M
Total liabilities	1,569.74M	1,454.72M	1,570.95M	1,629.06M	1,936.67M
Total equity	1,328.33M	1,367.78M	1,529.69M	1,493.62M	1,627.08M
Operating cash flow	299.78M	429.17M	439.94M	338.41M	477.91M

Valuation Measures

Dec 2019
PER	8.33
ROA	5.49%
ROE	13.08%
Operating margin	18.40%
Profit margin	12.00%

Key executives

President & Director: Isidro Almeda Consunji
CFO, Executive Director & Chief Compliance Officer: Herbert M. Consunji
Vice President & Senior Finance Officer: Brian T. Lim
Managing Director: Victor S. Limlingan
Treasurer & Executive Director: Maria Edwina C. Laperal

Shareholders

Dacon Corp. (51.5%)
DFC Holdings, Inc. (17.9%)
Social Security System (2.1%)
Government Service Insurance System (1.4%)
The Vanguard Group, Inc. (1.0%)
DMCI Retirement Plan (0.8%)
GOTIANUN MARIA CRISTINA C (0.8%)
Templeton Asset Management Ltd. (0.7%)
Berit Holding Corp. (0.7%)
LAPERAL MARIA EDWINA C (0.6%)

Contact Details

Website:http://www.dmciholdings.com
Address: Dacon Building, 2281 Chino Roces Avenue, Makati City, 1231, Philippines
Phone: +63.2.888.3000

Related Companies

Zambales Diversified Metals Corp.
DMCI Masbate Power Corp.
DMCI Mining Corp.
DMC Construction Equipment Resources, Inc.
DMCI Construction, Inc.
DMCI Power Corp.
DMCI Project Developers, Inc.
Dmci Homes, Inc.
D.M. Consunji, Inc.
Wire Rope Corp. of the Philippines
Semirara Mining & Power Corp.
ENK Limited

Competitors

EEI Corporation
Aboitiz Equity Ventures Inc.
Ayala Corp.
D.M. Wenceslao & Associates, Inc.
Filinvest Land Incorporated
Rockwell Land Corp.
Robinsons Land Corp.
SM Investments Corporation
JG Summit Holdings Inc.

Last Updated on 4 Jun, 2020