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Finance

Megaworld Corp.

Business Summary

Megaworld Corp. engages in property-related activities such as project design, construction, and property management. It operates through the following segments: Real Estate, Rental, Hotel Operations, and Corporate and Others. The Real Estate segment pertains to the development and sale of residential and office developments. The Rental segment includes leasing of office and commercial spaces. The Hotel Operations segment relates to the management of hotel business operations. The Corporate and Others segment includes business process outsourcing, educational facilities provider, maintenance and property management operations, marketing services, e-commerce, general and corporate income and expense items. The company was founded by Andrew Lim Tan on August 24, 1989 and is headquartered in Taguig, Philippines.

Financial Highlights

Dec 2020 PHPUSD
Revenue39,273.46M791.79M
Gross Profit21,422.14M431.89M
Operating income12,800.96M258.08M
Income before tax14,006.35M282.38M
Net income9,350.73M188.52M
EBITDA15,898.65M320.53M
Diluted EPS0.290.00
Dividends Per Share----
Total Assets375,690.41M7,823.05M
Total liabilities173,397.83M3,610.68M
Total equity175,226.33M3,648.76M
Operating cash flow15,768.74M317.91M
Currency in PHPCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 45,219.73M 47,281.01M 53,819.88M 61,961.84M 39,273.46M
Gross Profit 21,136.22M 26,653.40M 30,216.01M 34,489.20M 21,422.14M
Operating income 16,471.93M 18,795.97M 21,277.79M 23,316.35M 12,800.96M
Income before tax 15,061.83M 17,767.72M 21,451.58M 25,436.51M 14,006.35M
Net income 11,331.82M 13,142.84M 15,084.27M 17,368.50M 9,350.73M
EBITDA 17,958.90M 20,626.73M 23,539.66M 26,028.02M 15,898.65M
Diluted EPS 0.35 0.41 0.47 0.54 0.29
Dividends Per Share 0.05 0.06 0.07 0.03 --
Total Assets 278,742.51M 284,322.70M 322,290.66M 349,633.07M 375,690.41M
Total liabilities 135,124.17M 120,622.63M 143,788.14M 155,005.45M 173,397.83M
Total equity 125,480.23M 141,108.46M 153,616.99M 168,226.18M 175,226.33M
Operating cash flow 2,090.78M 3,509.88M 11,182.54M 19,914.52M 15,768.74M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 952.24M 937.84M 1,021.58M 1,196.62M 791.79M
Gross Profit 445.09M 528.68M 573.54M 666.06M 431.89M
Operating income 346.86M 372.82M 403.88M 450.29M 258.08M
Income before tax 317.17M 352.43M 407.18M 491.23M 282.38M
Net income 238.62M 260.69M 286.32M 335.42M 188.52M
EBITDA 378.18M 409.14M 446.81M 502.66M 320.53M
Diluted EPS 0.00 0.00 0.00 0.01 0.00
Dividends Per Share 0.00 0.00 0.00 0.00 --
Total Assets 5,607.09M 5,695.56M 6,128.94M 6,903.60M 7,823.05M
Total liabilities 2,718.11M 2,416.31M 2,734.39M 3,060.62M 3,610.68M
Total equity 2,524.11M 2,826.69M 2,921.30M 3,321.67M 3,648.76M
Operating cash flow 44.02M 69.62M 212.26M 384.59M 317.91M

Valuation Measures

Dec 2020
PER13.81
ROA2.57%
ROE5.44%
Operating margin32.59%
Profit margin23.80%

Key executives

  • Executive Chairman & President: Chong Buan Lim Tan
  • Chief Operating Officer: Lourdes T. Gutierrez-Alfonso
  • CFO, Treasurer, Compliance Officer & SVP: Francisco C. Canuto
  • Finance Director & Senior Vice President: Giovanni C. Ng
  • VP-Corporate Advisory & Compliance Division: Maria Carla T. Uykim

Shareholders

  • Alliance Global Group, Inc. (65.4%)
  • Megaworld Corp. (1.7%)
  • The Vanguard Group, Inc. (1.2%)
  • Dimensional Fund Advisors LP (0.5%)
  • BlackRock Fund Advisors (0.4%)
  • AllianceBernstein LP (0.2%)
  • Grantham, Mayo, Van Otterloo & Co. LLC (0.2%)
  • Norges Bank Investment Management (0.2%)
  • Swedbank Robur Fonder AB (0.2%)
  • AllianceBernstein Hong Kong Ltd. (0.2%)

Contact Details

  • Website:http://www.megaworldcorp.com
  • Address: Alliance Global Tower, 36th Street cor. 11th Avenue, Taguig, 1634, Philippines
  • Phone: +63.2.894.6300

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  • Megaworld Bacolod Properties, Inc.
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  • Global Homes & Communities, Inc.
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Competitors

  • Robinsons Land Corp.
  • Ayala Land Inc.
  • SM Prime Holdings, Inc.
  • JG Summit Holdings Inc.
  • SM Investments Corporation
  • Rockwell Land Corp.
  • Vista Land & Lifescapes, Inc.
  • Shang Properties, Inc.
  • Filinvest Development Corporation
  • Century Properties Group Inc.
  • D.M. Wenceslao & Associates, Inc.
  • Ayala Corp.
  • Cityland Development Corporation
  • 8990 Holdings, Inc.
  • LT Group, Inc.
  • Belle Corp.
  • Aboitiz Equity Ventures Inc.
  • Vistamalls, Inc.
  • Liberty Flour Mills Inc.
Last Updated on 16 Sep, 2021

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