Thursday, February 8, 2018

Crown Asia Chemicals Corporation (CROWN)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Crown Asia Chemicals Corporation (CROWN)
Sector
Industrial
Incorporation Date
10-Feb-1989
Subsector
Chemicals
Number of employees
 (Group Total)
Board of Directors
Chairman: Walter H. Villanueva
Website / E-mail
http://crownpvc.com.ph / tpvillanueva@crownpvc.com.ph
2. Stock Information
Total Assets
1,200,878,852
Market Capitalization
1,217,444,000.00
Total Liabilities
223,753,480
Outstanding Shares
630,800,000
Retained Earnings
260,858,102
Listed Shares
630,800,000
Listing Date
Apr 27, 2015
Issued Shares
630,800,000
Board Lot
1,000
Free Float Level (%)
42.48%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORPORATION
VILLANUEVA, EUGENE H. LEE
VILLANUEVA, WALTER H.
32.02%
14.99%
11.36%
4. Company Descriptions and Business Development
Notes
1. Mrs. Tita P. Villanueva and Mr. Nicasio T. Perez are siblings. Mr. Walter H. Villanueva and Mr. Eugene H. Lee Villanueva are siblings. Mr. Walter H. Villanueva and Mrs. Tita P. Villanueva are spouses.
Overview
It is engaged in manufacturing and selling of plastic, synthetic resins and compounds. It maintains inventory around for 60 days to mitigate the raw material price fluctuation.


Business
Compound division
Pipe Division
597,404,432
518,571,097
53.53%
46.47%

Compound division produces compounds for Wires, Cables, IC tubes, Films and bottles.
Pipe division produces potable pipes, fittings, electrical conduit pipes, flexible electrical pipes, sanitary pipes. And it also manufactures high pressure pipes for waterworks, irrigation and infrastructures.

Subsidiaries / Associates / Affiliates / Joint Ventures

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MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...