Universal Robina Corp.
In the news
- Asian equities fall as Middle East tensions escalate Jan 8, 2020
- Philippine conglomerate JG Summit names new CEO Apr 27, 2018
- Philippines' Universal Robina appoints first outsider CEO Apr 25, 2018
- Philippines' JG Summit to quadruple banking assets Jan 11, 2018
- Philippine tax reform will add to Duterte's infrastructure war chest Dec 21, 2017 See more articles on Universal Robina Corp.
Company Background
Founded by Filipino-Chinese John Gokongwei in 1954 as a cornstarch factory, Universal Robina is now a leading snack and beverage producer in the Philippines. It is also one of the Filipino companies that have successfully expanded their footprint abroad. The company has full-scale operations in Thailand, Singapore, Malaysia, Vietnam, Indonesia, China and Hong Kong. It also plans to start operations in Myanmar by the end of 2014.
In the Philippines, Universal Robina enjoys the No. 1 market share in the snacks, candies, chocolates, canned beans and ready-to-drink tea segments and the No. 2 position in cup noodles and instant coffee sectors.
The company is continuously expanding its product portfolio. In 2014 alone, the company struck at least three deals as part of this effort.
In March, it teamed up with Calbee for the local production and sale of the Japanese snack marker's products in the Philippines. In July, Universal Robina took over New Zealand's NZ Snack Food Holdings for 700 million New Zealand dollars ($550 million), marking its first expansion outside Southeast Asia and China. In October, the company announced a joint venture with Danone Asia Holdings in a bid to expand its beverage portfolio.
The company is looking at establishing production plants in Laos and Cambodia to complete its presence in Southeast Asia.
Business Summary
Financial Highlights
Dec 2021 | PHP | USD |
Revenue | 116,954.78M | 2,372.56M |
Gross Profit | 32,699.11M | 663.34M |
Operating income | 12,583.64M | 255.27M |
Income before tax | 14,635.05M | 296.88M |
Net income | 12,515.15M | 253.88M |
EBITDA | 18,346.51M | 372.18M |
Diluted EPS | 6.00 | 0.12 |
Dividends Per Share | 3.45 | 0.06 |
Total Assets | 152,772.82M | 2,995.98M |
Total liabilities | 43,005.08M | 843.36M |
Total equity | 109,420.98M | 2,145.82M |
Operating cash flow | 12,952.08M | 262.74M |
Currency in PHP | Currency in USD |
Historical Data
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 125,007.82M | 127,769.94M | 134,174.52M | 113,161.78M | 116,954.78M |
Gross Profit | 38,673.39M | 36,705.83M | 39,392.38M | 33,838.91M | 32,699.11M |
Operating income | 14,941.63M | 13,386.08M | 15,015.95M | 13,868.30M | 12,583.64M |
Income before tax | 13,950.40M | 11,544.88M | 12,055.01M | 12,539.30M | 14,635.05M |
Net income | 10,888.08M | 9,204.30M | 9,772.12M | 10,074.43M | 12,515.15M |
EBITDA | 21,042.04M | 19,752.57M | 22,326.01M | 20,025.50M | 18,346.51M |
Diluted EPS | 4.94 | 4.17 | 4.43 | 4.87 | 6.00 |
Dividends Per Share | 3.15 | 3.15 | 3.15 | 1.50 | 3.45 |
Total Assets | 148,213.07M | 151,935.71M | 168,652.98M | 176,221.31M | 152,772.82M |
Total liabilities | 66,527.06M | 67,942.23M | 73,468.48M | 78,437.15M | 43,005.08M |
Total equity | 81,403.17M | 83,791.22M | 89,950.66M | 92,258.90M | 109,420.98M |
Operating cash flow | 15,662.68M | 11,931.17M | 12,875.98M | 20,228.06M | 12,952.08M |
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 2,479.59M | 2,425.26M | 2,591.22M | 2,281.46M | 2,372.56M |
Gross Profit | 767.10M | 696.73M | 760.75M | 682.22M | 663.34M |
Operating income | 296.37M | 254.08M | 289.99M | 279.60M | 255.27M |
Income before tax | 276.71M | 219.13M | 232.81M | 252.80M | 296.88M |
Net income | 215.97M | 174.71M | 188.72M | 203.11M | 253.88M |
EBITDA | 417.37M | 374.93M | 431.16M | 403.73M | 372.18M |
Diluted EPS | 0.09 | 0.07 | 0.08 | 0.09 | 0.12 |
Dividends Per Share | 0.06 | 0.05 | 0.06 | 0.03 | 0.06 |
Total Assets | 2,969.01M | 2,889.33M | 3,330.10M | 3,669.48M | 2,995.98M |
Total liabilities | 1,332.67M | 1,292.04M | 1,450.65M | 1,633.30M | 843.36M |
Total equity | 1,630.67M | 1,593.44M | 1,776.10M | 1,921.12M | 2,145.82M |
Operating cash flow | 310.67M | 226.47M | 248.66M | 407.81M | 262.74M |
Valuation Measures
Dec 2021 | |
PER | 21.33 |
ROA | 7.60% |
ROE | 12.41% |
Operating margin | 10.75% |
Profit margin | 10.70% |
Key executives
- President, Chief Executive Officer & Director: Irwin C. Lee
- Chief Financial Officer & Senior Vice President: Francisco M. del Mundo
- VP-Global Innovation, Research & Development: Krishna S. Mohan
- Chief Information Officer: Karen Therese C. Salgado
- Controller, Chief Compliance & Risk Officer: Rhodora T. Lao
Shareholders
- JG Summit Holdings, Inc. (55.8%)
- Universal Robina Corp. (2.1%)
- First Sentier Investors (Hong Kong) Ltd. (1.8%)
- First Sentier Investors (UK) IM Ltd. (1.5%)
- The Vanguard Group, Inc. (1.2%)
- T. Rowe Price International Ltd. (1.1%)
- BlackRock Fund Advisors (0.7%)
- Massachusetts Financial Services Co. (0.6%)
- T. Rowe Price Associates, Inc. (Investment Management) (0.5%)
- T. Rowe Price Hong Kong Ltd. (0.5%)
Contact Details
- Website:http://www.urc.com.ph
- Address: 8th Floor, Tera Tower, Bridgetowne, E. Rodriguez Jr. Avenue, Quezon City, 1100, Philippines
- Phone: +63.2.516.9888
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Competitors
- San Miguel Corp.
- Aboitiz Equity Ventures Inc.
- Nestle S.A.
- PT Mayora Indah Tbk
- PepsiCo, Inc.
- Mondelez International, Inc. Class A
- Monde Nissin Corp.
- Procter & Gamble Company
- San Miguel Food & Beverage, Inc.
- Top Frontier Investment Holdings, Inc.
- Liberty Flour Mills Inc.
- Roxas Holdings Inc.
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