ALPHA
1Q 2013
1,984,322,351 -Out.shares
34,725,641,142 -MarCap
36.342 billion pesos -Equity
attributable to parent company
1.838 billion pesos -Capital
stock
8.280 billion pesos -Retained earnings
4.797 billion pesos -Current Assets
52.567 billion pesos -Total Asset
225.2 million pesos -Cash
and cash equivalent
13.791billion pesos -Liabilities
Revenue: 1Qs
142.656 million pesos -2013
119.033 million pesos -2012
% change: 19.85 %
Net Income 1Qs: Operation
402.540 million pesos -2013
375.070 million pesos -2012
% change: 7.3%
Annualized income: 1.6B
closing price 17-05-2013: 17.5 pesos
ANNUALIZED EPS : 81 centavos
P/E : *21.6X (expensive for me)
*While many projects have been operational, we will expect
this to contribute to earnings and put down the PE to a more conservative
level.
B/V per share: 18.32 pesos
Price to book value: 0.96x
Note: Market price is below Book value
Projects:
Alphaland Southgate
Tower- fully
develop
Alphaland
Makati Place- one of
the highest residential buildings along Ayala Avenue, Makati
City with 55 floors.
Alphaland Balesin lsland- as
of December 31st, 2012 the Club is substantially completed and is already
operating
Alphaland
Tower- the 34-storey Alphaland ower will rise on a 2,400s square meter property
along Ayala Avenue which is know near completion d slated for delivery within
the first half of 2013
Alphaland Boracay Gateway Country Club- Situated
in a sprawling 500-hectare property in the Northern tip of Nabas, Aklan Panay
Island. The property
faces the world-famous Boracay
Island. With the proposed
Caticlan Airport International
Airport and the Boracay
Jetty is only five minutes drive away. Alphalang can truly build a gateway
development and a spectacular destination itself.
Alphaland Bay
City- 32 hectares planned premiums seaside residential,
commercial and business located along Manila
bay beside the Mall of Asia compound.
Alphaland Marina Club- Alphaland
bay City’s centerpiece is a modern Marina Club that provies
world-class yachiting facilities for 300 yachts, including super and mega
yachts.
Shangri-La at the Fort- 20% stake in the Shangri-la at the fort
project. Six star hotel
Silang
Property- acquired 300,000 square meers, more or less, in
Silang cavite.
Expect property values to further appreciate once the government completes the
62Billion 11.7 km light rail transit (LRT) Line 1 project, which will extend
the existing LRT line from Baclaran (Paranaque)
to Bacoor (Cavite)
Other notes:
Return on Equity: 4.4 %
Return on Assets: 3.04 %
Net income margin: 182%
Current ratio: 0.82
Debt-to-equity: 0.38
Happy Investing