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San Miguel Corp
XPHS:SMC

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San Miguel Corp
XPHS:SMC
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Price: 87.4 PHP
Market Cap: 208.4B PHP
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Income Statement

Earnings Waterfall
San Miguel Corp

Revenue
1.6T PHP
Cost of Revenue
-1.3T PHP
Gross Profit
257.1B PHP
Operating Expenses
-101.7B PHP
Operating Income
155.4B PHP
Other Expenses
-159.4B PHP
Net Income
-4.1B PHP

Income Statement
San Miguel Corp

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Income Statement
Currency: PHP
Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
863 803
N/A
793 002
-8%
725 797
-8%
712 891
-2%
783 125
+10%
845 236
+8%
941 193
+11%
1 056 798
+12%
1 242 485
+18%
1 403 142
+13%
1 142 482
-19%
1 086 335
-5%
1 061 088
-2%
1 446 703
+36%
1 492 691
+3%
1 550 495
+4%
1 565 136
+1%
Gross Profit
Cost of Revenue
(709 879)
(644 475)
(576 449)
(544 052)
(589 362)
(652 943)
(746 050)
(853 885)
(1 020 882)
(1 184 528)
(980 531)
(931 004)
(884 199)
(1 208 410)
(1 246 591)
(1 292 390)
(1 308 014)
Gross Profit
153 924
N/A
148 527
-4%
149 348
+1%
168 839
+13%
193 763
+15%
192 293
-1%
195 143
+1%
202 913
+4%
221 603
+9%
218 614
-1%
161 951
-26%
155 331
-4%
176 889
+14%
238 293
+35%
246 100
+3%
258 105
+5%
257 122
0%
Operating Income
Operating Expenses
(82 470)
(81 675)
(77 872)
(76 688)
(76 007)
(74 342)
(77 991)
(78 290)
(80 058)
(81 124)
(58 503)
(62 742)
(66 703)
(93 808)
(96 984)
(99 232)
(101 749)
Selling, General & Administrative
(80 897)
(80 102)
(66 286)
(76 880)
(76 199)
(74 534)
(67 453)
(77 841)
(79 609)
(80 675)
(58 503)
(62 742)
(66 703)
(81 261)
(96 204)
(98 452)
(100 969)
Research & Development
0
0
(50)
0
0
0
(38)
0
0
0
0
0
0
(80)
0
0
0
Depreciation & Amortization
0
0
(11 536)
0
0
0
(10 500)
0
0
0
0
0
0
(12 467)
0
0
0
Other Operating Expenses
(1 573)
(1 573)
0
192
192
192
0
(449)
(449)
(449)
0
0
0
0
(780)
(780)
(780)
Operating Income
71 454
N/A
66 852
-6%
71 476
+7%
92 151
+29%
117 756
+28%
117 951
+0%
117 152
-1%
124 623
+6%
141 545
+14%
137 490
-3%
103 448
-25%
92 589
-10%
110 186
+19%
144 485
+31%
149 116
+3%
158 873
+7%
155 373
-2%
Pre-Tax Income
Interest Income Expense
(39 666)
(37 504)
(37 947)
(48 898)
(49 654)
(58 425)
(49 692)
(62 308)
(86 026)
(102 881)
(80 109)
(68 810)
(56 068)
(66 113)
(83 966)
(96 637)
(74 115)
Non-Reccuring Items
0
0
192
0
0
0
(449)
0
0
0
0
0
0
(780)
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13
0
0
Total Other Income
4 508
8 245
3 689
9 637
8 998
5 008
(1 059)
4 354
3 620
3 788
2 959
3 265
(4 557)
(4 485)
(5 280)
(6 336)
1 930
Pre-Tax Income
36 296
N/A
37 593
+4%
37 410
0%
52 890
+41%
77 100
+46%
64 534
-16%
65 952
+2%
66 669
+1%
59 139
-11%
38 397
-35%
26 298
-32%
27 044
+3%
49 561
+83%
73 107
+48%
59 883
-18%
55 900
-7%
83 188
+49%
Net Income
Tax Provision
(17 862)
(17 968)
(15 531)
(14 930)
(21 663)
(19 249)
(17 793)
(21 741)
(20 745)
(11 445)
(9 557)
(10 579)
(18 374)
(28 408)
(24 036)
(20 948)
(32 582)
Income from Continuing Operations
18 434
19 625
21 879
37 960
55 437
45 285
48 159
44 928
38 394
26 952
16 741
16 465
31 187
44 699
35 847
34 952
50 606
Income to Minority Interest
(17 930)
(18 964)
(18 906)
(24 417)
(31 801)
(29 920)
(34 234)
(33 963)
(38 880)
(40 109)
(29 360)
(29 482)
(31 041)
(44 501)
(43 972)
(44 214)
(45 576)
Net Income (Common)
(6 157)
N/A
(6 000)
+3%
(3 967)
+34%
6 110
N/A
15 523
+154%
6 964
-55%
5 919
-15%
3 562
-40%
(7 368)
N/A
(19 557)
-165%
(17 222)
+12%
(17 407)
-1%
(4 080)
+77%
(5 994)
-47%
(15 310)
-155%
(17 439)
-14%
(4 065)
+77%
EPS (Diluted)
-2.59
N/A
-2.52
+3%
-1.66
+34%
2.56
N/A
6.51
+154%
2.92
-55%
2.48
-15%
1.49
-40%
-3.09
N/A
-8.2
-165%
-7.22
+12%
-7.3
-1%
-1.71
+77%
-2.51
-47%
-6.42
-156%
-7.32
-14%
-1.71
+77%

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