9. Former name or former address, and former fiscal year, if changed since last report
None
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
7,093,935,664
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
Philippine Stock Exchange, common shares
12. Check whether the issuer:
(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17.1 thereunder or Section 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of The Corporation Code of the Philippines during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)
Yes
No
(b) has been subject to such filing requirements for the past ninety (90) days
Yes
No
13. State the aggregate market value of the voting stock held by non-affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within sixty (60) days prior to the date of filing. If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided the assumptions are set forth in this Form
Please refer to the attached Annual Report
APPLICABLE ONLY TO ISSUERS INVOLVED IN INSOLVENCY SUSPENSION OF PAYMENTS PROCEEDINGS DURING THE PRECEDING FIVE YEARS
14. Check whether the issuer has filed all documents and reports required to be filed by Section 17 of the Code subsequent to the distribution of securities under a plan confirmed by a court or the Commission.
Yes
No
DOCUMENTS INCORPORATED BY REFERENCE
15. If any of the following documents are incorporated by reference, briefly describe them and identify the part of SEC Form 17-A into which the document is incorporated:
(a) Any annual report to security holders
SEC 17-A or Annual Report is attached as part of the disclosure
(b) Any information statement filed pursuant to SRC Rule 20
None
(c) Any prospectus filed pursuant to SRC Rule 8.1
None
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Cosco Capital, Inc.COSCO
PSE Disclosure Form 17-1 - Annual Report References: SRC Rule 17 and Section 17.2 and 17.8 of the Revised Disclosure Rules
For the fiscal year ended
Dec 31, 2023
Currency
Php (in thousands)
Balance Sheet
Year Ending
Previous Year Ending
Dec 31, 2023
Dec 31, 2022
Current Assets
111,032,844
110,208,884
Total Assets
227,165,025
218,537,406
Current Liabilities
33,943,190
37,386,879
Total Liabilities
85,213,948
85,731,512
Retained Earnings/(Deficit)
77,592,026
71,621,880
Stockholders' Equity
141,951,077
132,805,894
Stockholders' Equity - Parent
92,916,680
87,074,443
Book Value Per Share
20.51
19.14
Income Statement
Year Ending
Previous Year Ending
Dec 31, 2023
Dec 31, 2022
Gross Revenue
217,759,598
200,323,852
Gross Expense
200,530,189
182,608,042
Non-Operating Income
1,511,305
867,816
Non-Operating Expense
2,891,381
2,656,565
Income/(Loss) Before Tax
15,849,333
15,927,061
Income Tax Expense
3,442,546
3,643,662
Net Income/(Loss) After Tax
12,406,787
12,283,399
Net Income/(Loss) Attributable to Parent Equity Holder
7,381,788
7,054,012
Earnings/(Loss) Per Share (Basic)
1.06
1.02
Earnings/(Loss) Per Share (Diluted)
-
-
Financial Ratios
Formula
Fiscal Year Ended
Previous Fiscal Year
Dec 31, 2023
Dec 31, 2022
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio
Current Assets / Current Liabilities
3.27
2.94
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
2.18
1.88
Solvency Ratio
Total Assets / Total Liabilities
2.67
2.55
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
0.38
0.39
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
0.6
0.64
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
7.71
8.64
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
1.6
1.65
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales
18.95
19.24
Net Profit Margin
Net Profit / Sales
5.78
6.23
Return on Assets
Net Income / Total Assets
0.05
0.06
Return on Equity
Net Income / Total Stockholders' Equity
0.09
0.09
Price/Earnings Ratio
Price Per Share / Earnings Per Common Share
4.34
4.6
Other Relevant Information
Please see the attached 2023 Annual Report (SEC Form 17-A) and the Separate Audited Financial Statement of Cosco Capital, Inc.