Consumer Services
Jollibee Foods Corp.
- 230.00 PHP
- +6.80
- +3.05%
Philippines
Sep 18, 2019Ticker
PHS(JFC)Prev. close
223.20Market cap (PHP)
244,087.75MMarket cap (USD)
4,675.56MShares
1,093.58M
In the news
- Asian equities rise amid bets of policy easing by ECB, Fed Jul 25, 2019
- Philippines' Jollibee takes on Starbucks with US coffee chain deal Jul 24, 2019
- Philippines' Jollibee becomes 100% owner of US's Smashburger Dec 14, 2018
- Philippines' Jollibee invests $33.5m in Tim Ho Wan franchiser May 9, 2018
- Duterte cracks down on big companies' labor practices Apr 5, 2018 See more articles on Jollibee Foods Corp.
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 operates quick service restaurants and the manufacture of food products to be sold to Jollibee Group-owned and franchised QSR outlets. The Franchising segment franchises 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 2018 | PHP | USD |
| Revenue | 161,199.38M | 3,059.80M |
| Gross Profit | 26,761.90M | 507.98M |
| Operating income | 7,554.07M | 143.38M |
| Income before tax | 10,490.58M | 199.12M |
| Net income | 8,329.88M | 158.11M |
| EBITDA | 13,463.83M | 255.56M |
| Diluted EPS | 7.54 | 0.14 |
| Dividends Per Share | 2.57 | 0.04 |
| Total Assets | 114,388.84M | 2,175.31M |
| Total liabilities | 64,453.51M | 1,225.70M |
| Total equity | 48,380.72M | 920.04M |
| Operating cash flow | 12,796.63M | 242.89M |
| Currency in PHP | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 90,671.23M | 100,779.71M | 113,811.47M | 133,613.08M | 161,199.38M |
| Gross Profit | 16,616.76M | 17,546.49M | 20,542.73M | 23,481.06M | 26,761.90M |
| Operating income | 6,076.11M | 5,355.03M | 6,825.22M | 7,259.01M | 7,554.07M |
| Income before tax | 6,885.64M | 6,624.02M | 7,730.12M | 8,339.51M | 10,490.58M |
| Net income | 5,361.97M | 4,928.23M | 6,164.73M | 7,109.12M | 8,329.88M |
| EBITDA | 9,262.49M | 8,780.70M | 10,821.09M | 12,004.17M | 13,463.83M |
| Diluted EPS | 4.95 | 4.52 | 5.64 | 6.49 | 7.54 |
| Dividends Per Share | 1.69 | 1.83 | 2 | 2.32 | 2.57 |
| Total Assets | 54,135.85M | 65,646.92M | 72,878.72M | 90,264.97M | 114,388.84M |
| Total liabilities | 26,040.65M | 33,873.15M | 38,580.14M | 47,665.81M | 64,453.51M |
| Total equity | 27,207.50M | 30,640.40M | 33,619.39M | 40,799.81M | 48,380.72M |
| Operating cash flow | 2,738.95M | 13,296.46M | 14,527.67M | 12,502.80M | 12,796.63M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 2,042.66M | 2,213.33M | 2,396.66M | 2,650.28M | 3,059.80M |
| Gross Profit | 374.34M | 385.35M | 432.59M | 465.75M | 507.98M |
| Operating income | 136.88M | 117.60M | 143.72M | 143.98M | 143.38M |
| Income before tax | 155.12M | 145.47M | 162.78M | 165.41M | 199.12M |
| Net income | 120.79M | 108.23M | 129.81M | 141.01M | 158.11M |
| EBITDA | 208.66M | 192.84M | 227.87M | 238.10M | 255.56M |
| Diluted EPS | 0.11 | 0.09 | 0.11 | 0.12 | 0.14 |
| Dividends Per Share | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Assets | 1,210.21M | 1,395.11M | 1,466.00M | 1,808.19M | 2,175.31M |
| Total liabilities | 582.14M | 719.86M | 776.06M | 954.84M | 1,225.70M |
| Total equity | 608.22M | 651.16M | 676.27M | 817.30M | 920.04M |
| Operating cash flow | 61.70M | 292.01M | 305.92M | 247.99M | 242.89M |
Valuation Measures
| Dec 2018 | |
| PER | 38.08 |
| ROA | 8.14% |
| ROE | 18.68% |
| Operating margin | 4.68% |
| Profit margin | 5.16% |
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
- Vice President & Comptroller-Worldwide: Marilou N. Sibayan
Shareholders
- Hyper Dynamic Corp. (24.9%)
- Honeysea Corp. (11.6%)
- Winall Holding Corp. (4.9%)
- Honeyworth Corp. (3.7%)
- Invesco Advisers, Inc. (3.0%)
- Kingsworth Corp. (2.6%)
- Centregold Corp. (2.5%)
- Government Service Insurance System (2.3%)
- TANBUNTIONG GEMMA (1.9%)
- Venice Corp. (1.5%)
Contact Details
- Website:http://www.jollibee.com.ph
- Address: 10/F Jollibee Plaza Building, No. 10 F. Ortigas Jr. Rad, Pasig City, 1605, Philippines
- Phone: +63.2.634.1111
Related Companies
- Jollibee Worldwide Pte Ltd. (Singapore)
- 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.
Competitors
- Yum! Brands, Inc.
- McDonald's Corporation
- Wendy's Company
- Max's Group, Inc.
- Shakey's Pizza Asia Ventures, Inc.
- Good Times Restaurants Inc.
- Alliance Global Group Inc.
- FAT Brands Inc.
- Habit Restaurants, Inc. Class A
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Last Updated on 18 Sep, 2019