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Aboitiz Power Corporation

Utilities US ABZPF

NoneUSD
-(-%)

Last update at 2024-04-09T03:58:07.986904Z

Day Range

--
LowHigh

52 Week Range

0.520.66
LowHigh

Fundamentals

  • Previous Close -
  • Market Cap4831.21M
  • VolumeNone
  • P/E Ratio7.33
  • Dividend Yield5.22%
  • EBITDA39646.75M
  • Revenue TTM212740.16M
  • Revenue Per Share TTM29.04
  • Gross Profit TTM 51508.71M
  • Diluted EPS TTM0.09

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 32711.62M 24655.92M 20883.13M 23397.28M 28359.12M
Minority interest -2012.28400M -1708.03300M 7426.49M 8100.02M 8863.75M
Net income 27535.13M 20837.18M 12577.68M 17322.68M 21707.60M
Selling general administrative 4200.66M 3441.72M 3195.74M 3356.69M 3118.89M
Selling and marketing expenses 212.62M 41.51M 45.42M 38.06M 44.11M
Gross profit 51492.84M 48629.52M 46234.19M 46600.62M 52946.07M
Reconciled depreciation 11863.67M 11202.27M 10973.36M 9895.69M 8681.40M
Ebit 46768.30M 38849.15M 35050.52M 37286.13M 40602.00M
Ebitda 58631.97M 50051.43M 46023.89M 47181.83M 49283.40M
Depreciation and amortization 11863.67M 11202.27M 10973.36M 9895.69M 8681.40M
Non operating income net other - - - - -
Operating income 46768.30M 38849.15M 35050.52M 37286.13M 40602.00M
Other operating expenses 164043.89M 106010.50M 83354.75M 96608.64M 94933.04M
Interest expense 13044.44M 12893.07M 14071.92M 13798.28M 11899.15M
Tax provision 3164.20M 2110.71M 6061.91M 3215.50M 2925.62M
Interest income 678.70M 343.23M 653.08M 1291.70M 880.09M
Net interest income -12696.69000M -12799.63000M -13600.45200M -12755.94300M -11202.07300M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 3164.20M 2110.71M 6061.91M 3215.50M 2925.62M
Total revenue 193993.59M 134359.22M 110376.65M 125635.16M 131572.08M
Total operating expenses 21543.14M 20280.81M 19212.29M 17574.10M 16307.03M
Cost of revenue 142500.75M 85729.70M 64142.46M 79034.54M 78626.01M
Total other income expense net -14056.67700M -14193.22800M -14167.39000M -13888.85100M -12242.87500M
Discontinued operations - - - - -
Net income from continuing ops 29547.42M 22545.22M 14821.22M 20181.78M 25433.50M
Net income applicable to common shares - 20837.18M 12577.68M 17322.68M 21707.60M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 477593.88M 427415.62M 397925.12M 410469.36M 389662.18M
Intangible assets 4850.99M 4851.89M 5466.53M 5836.42M 5941.08M
Earning assets - - - - -
Other current assets 134.41M 86.43M 101.05M 391.95M 530.48M
Total liab 297419.11M 271834.92M 263340.04M 276826.35M 253085.51M
Total stockholder equity 171102.95M 147951.08M 127158.58M 125542.99M 127712.92M
Deferred long term liab - 449.00M 702.67M 622.49M 388.47M
Other current liab 12293.73M 11304.31M 10654.98M 15234.26M 13440.36M
Common stock 19947.50M 19947.50M 19947.50M 19947.50M 19947.50M
Capital stock 19947.50M 19947.50M 19947.50M 19947.50M 19947.50M
Retained earnings 130037.43M 113172.27M 84989.90M 81095.38M 74427.74M
Other liab - 14129.52M 15090.54M 18547.67M 14146.91M
Good will 44920.39M 41163.61M 38812.85M 40876.08M 40224.41M
Other assets 10875.66M 9243.64M 11580.28M 17101.21M 13653.13M
Cash 64763.64M 57130.24M 38699.54M 37433.93M 46343.04M
Cash and equivalents - - - - -
Total current liabilities 74567.88M 68419.55M 56023.59M 51390.47M 46815.02M
Current deferred revenue 12199.23M 10221.45M 9572.12M 14151.40M 12357.50M
Net debt 183632.95M 177307.16M 189628.18M 195662.76M 170155.57M
Short term debt 40970.22M 45151.55M 36101.81M 26208.48M 24375.02M
Short long term debt 31681.93M 37044.77M 28997.63M 20721.73M 20243.96M
Short long term debt total 248396.59M 234437.40M 228327.72M 233096.69M 216498.61M
Other stockholder equity 21118.02M 14831.32M 22221.18M 24500.12M 33337.68M
Property plant equipment - 203239.83M 203451.24M 209521.47M 207110.41M
Total current assets 132976.39M 104419.94M 77504.70M 76896.79M 88708.61M
Long term investments - - - - 34413.00M
Net tangible assets 122138.35M 102384.58M 83581.86M 79452.98M 81935.89M
Short term investments - - - - -
Net receivables 51954.63M 37628.65M 32395.91M 32438.88M 35144.63M
Long term debt 189172.71M 163618.75M 160067.12M 167585.31M 149360.29M
Inventory 16123.70M 9574.61M 6308.20M 6632.03M 6690.45M
Accounts payable 21303.92M 11963.68M 9266.80M 9947.73M 8999.63M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 86645.18M 72298.59M 71150.77M 74552.29M 45443.97M
Deferred long term asset charges - - - - -
Non current assets total 344617.49M 322995.68M 320420.42M 333572.57M 300953.57M
Capital lease obligations 27541.96M 33773.88M 39262.98M 44789.64M 46894.36M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -11442.21600M -939.97300M -2325.65200M -27484.50100M -2418.68900M
Change to liabilities 0.00000M 2427.34M 632.05M 5230.98M 2687.68M
Total cashflows from investing activities - 1018.17M -4526.97300M -34060.58400M -7243.11900M
Net borrowings - -1491.86500M -4682.92100M 13068.07M 2892.96M
Total cash from financing activities -14475.87600M -19103.66000M -25914.01000M -14376.05500M -19155.75300M
Change to operating activities - 1464.35M 3095.09M 3254.10M -3527.78400M
Net income 32711.62M 24655.92M 20883.13M 23397.28M 28359.12M
Change in cash 7633.40M 18430.70M 1265.62M -8909.11200M 10643.41M
Begin period cash flow 57130.24M 38699.54M 37433.93M 46343.04M 35699.63M
End period cash flow 64763.64M 57130.24M 38699.54M 37433.93M 46343.04M
Total cash from operating activities 34213.34M 36327.04M 31781.67M 39356.96M 37287.90M
Issuance of capital stock - - - - -
Depreciation 11863.67M 11202.27M 10973.36M 9895.69M 8681.40M
Other cashflows from investing activities - 10228.51M 3258.51M 3096.80M 3817.31M
Dividends paid 10669.61M 6254.59M 8682.75M 10817.15M 10228.46M
Change to inventory -6549.08700M -3266.41300M 323.83M 58.42M -1057.73000M
Change to account receivables - -4134.87900M -8521.32800M -5765.52600M -3449.87100M
Sale purchase of stock - - - - -
Other cashflows from financing activities 26860.47M 24330.76M 2674.17M 8260.32M 11699.36M
Change to netincome - 7797.19M 12700.99M 9360.61M 12246.60M
Capital expenditures 13643.09M 8281.98M 5470.50M 9736.44M 8660.12M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -7290.23200M -3509.61000M -4356.67700M 2777.98M -5347.71000M
Stock based compensation - - - - -
Other non cash items -3071.72300M 3978.45M 4281.85M 3286.01M 5595.08M
Free cash flow 20570.25M 28045.06M 26311.17M 29620.52M 28627.78M

Peer Comparison

Sector: Utilities Industry: Utilities - Regulated Electric

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ABZPF
Aboitiz Power Corporation
- -% - 7.33 8.37 0.02 1.50 0.04 0.12
NEE
Nextera Energy Inc
0.71 1.04% 69.30 15.77 17.61 4.52 2.61 7.10 12.28
SO
Southern Company
1.18 1.34% 88.91 25.35 17.76 2.89 2.48 5.27 13.35
DUK
Duke Energy Corporation
0.90 0.77% 116.97 20.54 16.34 2.60 1.59 5.34 11.98
AEP
American Electric Power Co Inc
1.36 1.33% 103.86 19.17 16.18 2.58 1.91 4.83 12.39

Reports Covered

Stock Research & News

Profile

Aboitiz Power Corporation, through its subsidiaries, engages in the power generation and distribution, and electricity retail businesses in the Philippines. It operates hydropower, geothermal, solar, coal, and oil-based power plants. The company supplies its electricity through power supply contracts, ancillary service procurement agreements, and trading in the wholesale electricity spot market; and distributes electricity to the industrial, residential, commercial, and other customers through nine distribution utilities that supply electricity to franchise areas covering 18 cities and municipalities and five economic zones in Luzon, Visayas, and Mindanao. It is also involved in the provision of electricity-related services, such as installation of electrical equipment; and retail of electricity to various industries, including property development, meat processing, semiconductors, steel, and cement. As of February 28, 2023, the company owned 5,332 megawatts of net sellable capacity. The company was incorporated in 1998 and is headquartered in Taguig City, the Philippines. Aboitiz Power Corporation operates as a subsidiary of Aboitiz Equity Ventures, Inc.

Aboitiz Power Corporation

NAC Tower, Taguig City, Philippines, 1634

Key Executives

Name Title Year Born
Mr. Emmanuel V. Rubio Pres, CEO & Director 1965
Ms. Liza Luv L. Tajanlangit-Montelibano Sr. VP, CFO & Corp. Information Officer 1976
Mr. Robert McGregor Exec. VP & Chief Investment Officer 1960
Myla M. Espineda Controller & Principal Accounting Officer NA
Mark A. Valencia VP & CTO NA
Ms. Kristina Cinderella V. Rivera VP of HR & Admin. 1971
Mr. Francisco Victor G. Salas Investors Relations Officer NA
Mr. Manuel Alberto R. Colayco Corp. Sec. & Chief Compliance Officer 1970
Ms. Justine Mae Cabatingan Associate Gen. Counsel NA
Ms. Maria Luisa A. C. Inofre First VP & Chief HR Officer NA

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