Jollibee Foods Corp.


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Nov 23, 2017
Prev close: 254
Nov 23, 2017
Market cap:
Market cap(USD):
Shares: 1,082.83M

Currency in PHP

Company profile

Market(Ticker): PHS(JFC)
Consumer Services
Full time employees: 11,957

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.

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.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 113,907.76M
Gross profit 20,639.02M
Operating income 6,825.22M
Income before tax 8,067.26M
Net income 6,164.73M
EBITDA 10,821.09M
Diluted EPS 5.64
Dividends per share 2
Total assets 72,878.72M
Total liabilities 38,580.14M
Total equity 33,619.39M
Operating cash flow 14,527.67M

Currency in PHP

Revenue 2,398.68M
Gross profit 434.62M
Operating income 143.72M
Income before tax 169.88M
Net income 129.81M
EBITDA 227.87M
Diluted EPS 0.11
Dividends per share 0.04
Total assets 1,466.00M
Total liabilities 776.06M
Total equity 676.27M
Operating cash flow 305.92M

Currency in USD

Valuation measures

Dec 2016

PER 33.75
ROA 8.90%
ROE 19.18%
Operating margin 5.99%
Profit margin 5.41%

Key executive

  • 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

Share holders

  • Hyper Dynamic Corp.(25.2%)
  • Honeysea Corp.(11.7%)
  • Winall Holding Corp.(4.9%)
  • OppenheimerFunds, Inc.(4.9%)
  • Honeyworth Corp.(3.5%)
  • Kingsworth Corp.(2.6%)
  • Centregold Corp.(2.5%)
  • Arisaig Partners (Asia) Pte Ltd.(2.5%)
  • Venice Corp.(1.6%)


  • Website:
  • Address: Jollibee Plaza Building, No. 10 F. Ortigas Jr. Avenue, Pasig City, 1605, Philippines
  • Phone: +63.2.634.1111

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