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Consumer Services

Jollibee Foods Corp.

  • 253.00 PHP
  • -9.00
  • -3.44%
  • Philippines
    Oct 12, 2018
  • Ticker
    PHS(JFC)
  • Prev. close
    262.00
  • Market cap (PHP)
    284,797M
  • Market cap (USD)
    5,261.83M
  • Shares
    1,087.01M

Company Background

Started by its chairman, Tony Tan Caktiong, as an ice cream parlor in 1975, Jollibee Foods is now one of Asia's top quick-service restaurant chains by market value. Jollibee, the company's flagship chain, has become a household name in the Philippines Its other quick-service restaurant brands include Chowking, which serves Asian cuisine; Greenwich, which does pizza; Red Ribbon, a bakery chain; and Mang Inasal, where the specialty is grilled chicken. The company also owns the Philippines franchise rights for Burger King.

Outside the Philippines, Jollibee Foods has affiliates that develop and operate international brands like Yonghe King, Hong Zhuang Yuan, San Pin Wang and 12 Hotpot. It has restaurants in Brunei, China, Hong Kong, Kuwait, Oman, Qatar, Saudi Arabia, Singapore, the U.S. and Vietnam.

The chains sell dishes that are prepared on-site and are based on original company recipes. The restaurants use company-specified ingredients and supplies, and follow company standards and procedures. Tan Caktiong, a chemical engineering graduate from the University of Santo Tomas in Manila, in August stepped down as Jollibee CEO and was replaced by his brother Ernesto Tanmantiong.

Business Summary

Jollibee Foods Corp. is engaged in developing, operating, and franchising fast food stores under the trade name Jollibee. The company operates through the following segments: Food Service, Franchising, and Leasing. The Food Service segment engages in the operations of quick service restaurants and the manufacture of food products to be sold to Jollibee Group-owned and franchised QSR outlets. The Franchising segment is involved in the franchising of the Jollibee Group's QSR store concepts. The Leasing segment leases store sites mainly to the Jollibee Group's independent franchisees. Jollibee Foods was founded by Tony Tan Caktiong in 1975 and is headquartered in Pasig City, Philippines.

Financial Highlights

Dec 2017 PHPUSD
Revenue131,576.55M2,609.88M
Gross Profit23,481.06M465.75M
Operating income7,259.01M143.98M
Income before tax8,339.51M165.41M
Net income7,109.12M141.01M
EBITDA12,004.17M238.10M
Diluted EPS6.490.12
Dividends Per Share2.320.04
Total Assets90,111.72M1,805.12M
Total liabilities47,512.56M951.77M
Total equity40,799.81M817.30M
Operating cash flow12,502.80M247.99M
Currency in PHPCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 80,282.76M 90,671.23M 100,779.71M 113,811.47M 131,576.55M
Gross Profit 14,737.22M 16,616.76M 17,546.49M 20,542.73M 23,481.06M
Operating income 5,918.89M 6,076.11M 5,355.03M 6,825.22M 7,259.01M
Income before tax 6,361.07M 6,885.64M 6,624.02M 7,730.12M 8,339.51M
Net income 4,671.55M 5,361.97M 4,928.23M 6,164.73M 7,109.12M
EBITDA 9,101.55M 9,262.49M 8,780.70M 10,821.09M 12,004.17M
Diluted EPS 4.36 4.95 4.52 5.64 6.49
Dividends Per Share 1.36 1.69 1.83 2 2.32
Total Assets 46,043.81M 54,135.85M 65,646.92M 72,878.72M 90,111.72M
Total liabilities 22,665.69M 26,040.65M 33,873.15M 38,580.14M 47,512.56M
Total equity 22,566.05M 27,207.50M 30,640.40M 33,619.39M 40,799.81M
Operating cash flow 9,078.23M 2,738.95M 13,296.46M 14,527.67M 12,502.80M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 1,890.35M 2,042.66M 2,213.33M 2,396.66M 2,609.88M
Gross Profit 347.00M 374.34M 385.35M 432.59M 465.75M
Operating income 139.36M 136.88M 117.60M 143.72M 143.98M
Income before tax 149.77M 155.12M 145.47M 162.78M 165.41M
Net income 109.99M 120.79M 108.23M 129.81M 141.01M
EBITDA 214.30M 208.66M 192.84M 227.87M 238.10M
Diluted EPS 0.10 0.11 0.09 0.11 0.12
Dividends Per Share 0.03 0.03 0.04 0.04 0.04
Total Assets 1,037.43M 1,210.21M 1,395.11M 1,466.00M 1,805.12M
Total liabilities 510.68M 582.14M 719.86M 776.06M 951.77M
Total equity 508.44M 608.22M 651.16M 676.27M 817.30M
Operating cash flow 213.75M 61.70M 292.01M 305.92M 247.99M

Valuation Measures

Dec 2017
PER38.44
ROA8.72%
ROE19.10%
Operating margin5.51%
Profit margin5.40%

Key executives

  • President, CEO & Executive Director: Ernesto Tanmantiong
  • CFO, Compliance Officer & VP-Corporate Finance: Ysmael Villoso Baysa
  • Vice President & Head-Research & Development: Chuan Hua Yang
  • Vice President & Head-Corporate Legal: Valerie Feria Amante
  • Chief Accounting Officer, VP & Comptroller: Marilou N. Sibayan

Shareholders

  • Hyper Dynamic Corp. (25.1%)
  • Honeysea Corp. (11.7%)
  • Winall Holding Corp. (4.9%)
  • OppenheimerFunds, Inc. (4.4%)
  • Honeyworth Corp. (3.5%)
  • Kingsworth Corp. (2.6%)
  • Centregold Corp. (2.5%)
  • TANBUNTIONG GEMMA (1.9%)
  • Venice Corp. (1.6%)
  • A-Star Holding Corp. (1.5%)

Contact Details

  • Website:http://www.jollibee.com.ph
  • Address: Jollibee Plaza Building, No. 10 F. Ortigas Jr. Avenue, Pasig City, 1605, Philippines
  • Phone: +63.2.634.1111

Related Companies

  • Jollibee Foods Corp. (USA)
  • BK Titans, Inc.
  • Jollibee Hong Kong Ltd.
  • Adgraphix, Inc.
  • Wuhan Yonghe King Food & Beverage Co. Ltd.
  • Shenzhen Yong He King Food & Beverage Co. Ltd.
  • Beijing Yong He King Food & Beverage Co. Ltd.
  • Tianjin Yong He King Food & Beverage Co. Ltd.
  • Hangzhou Yongtong Food & Beverage Co. Ltd.
  • Hangzhou Yonghe Food & Beverage Co. Ltd.
  • Shanghai Yong He King Food & Beverage Management Co. Ltd.
  • Guangxi San Pin Wang Food & Beverage Co. Ltd.
  • Beijing New Hongzhuangyuan Food & Beverage Management Co. Ltd
  • Jollibee (China) Food & Beverage Management Co. Ltd.
  • Southsea Binaries Ltd.
  • Golden Plate Pte Ltd.
  • Chanceux, Inc.
  • RRB Holdings, Inc.
  • Tokyo Teriyaki Corp.
  • Jollibee Foods Processing Pte Ltd.
  • Coffeetap Corp.
  • Mang Inasal Philippines, Inc.
  • Jollibee Vietnam Corp. Ltd.
  • Vismin Foods Corp.
  • Zenith Foods Corp.
  • Mary's Foods Corp.
  • Grandworth Resources Corp.
  • Tokyo Terriyaki Corp.
  • Jollibee International (BVI) Ltd.
  • Honeybee Foods Corp.

Competitors

  • Yum! Brands, Inc.
  • McDonald's Corporation
  • Wendy's Company
  • Max's Group, Inc.
  • Alliance Global Group Inc.
  • Freshii, Inc. Class A
Last Updated on 12 Oct, 2018

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