Saturday, February 10, 2018

Roxas Holdings, Inc. (ROX)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Roxas Holdings, Inc. (ROX)
Sector
Industrial
Incorporation Date
Oct 31, 1930
Subsector
Food, Beverage & Tobacco
Number of employees
1,117 (Group Total)
Board of Directors
Chairman: Pedro E. Roxas, Vice chairman: Manuel V. Pangilinan (MPI)
Website / E-mail
http://www.roxasholdings.com.ph / florencio.mamauag@rhi.com.ph
2. Stock Information
Total Assets
24,815,128,000
Market Capitalization
6,883,952,713.70
Total Liabilities
14,863,722,000
Outstanding Shares
1,546,955,666
Retained Earnings
2,790,045,000
Listed Shares
1,564,599,146
Listing Date
Aug 08, 1996
Issued Shares
1,564,599,146
Board Lot
1,000
Free Float Level (%)
12.32%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Roxas & Company, Inc.
First Agri Holdings, Inc. (FAHI)
First Pacific Natural Resources Holdings BVI (FPNR)
24.37%
29.90%
32.32%
4. Company Descriptions and Business Development
Notes
1. FPNR is a subsidiary of First Pacific Company, Ltd. FAHI is a affiliate of FPNR.
Overview
It is one of the biggest raw sugar producers in the country with a combined capacity of thirty six thousand five hundred (36,500) metric tons cane per day. The Group also owns the second largest sugar refinery with a capacity of eighteen thousand (18,000) Lkg. per day and the two biggest ethanol producers in the country with a combined daily production capacity of two hundred seventy five thousand (275,000) liters.  It purchases sugar cane from planters and traders. Most of the sugar is sold domestically. Alcohol is to all oil companies in the Philippines. It partnered with Global Business Power Corp. for the 40 MW co-generation project in 2015.


Business
Revenue contribution in 2016
Raw sugar
Refined sugar
Alcohol (ethanol)
Others
3,357,272
3,843,345
4,201,952
647,665
28%
32%
35%
5%
Others include molasses, tolling fees, etc. It provides refining services to raw sugar owners.
Alhocol 
Biofuels Act of 2006 mandates the blending of 10% ethanol in gasoline.

Subsidiaries / Associates / Affiliates / Joint Ventures
Central Azucarera Don Pedro, Inc. (CADPI, 100%)
Central Azucarera de la Carlota, Inc. (CACI, 100%)
Roxol Bioenergy Corp. (RBC, 100%)
San Carlos Bioenergy, Inc. (SCBI, 93.35)
Roxas Power Corporation (RPC, 50%)
Hawaiian-Philippine Company (HPCO, 45.09%)

+++++++++++++++++++++++++++++++++++++++++

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...