SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-A, AS AMENDED
ANNUAL REPORT PURSUANT TO SECTION 17 OF THE SECURITIES REGULATION CODE AND SECTION 141 OF THE CORPORATION CODE OF THE PHILIPPINES
1. For the fiscal year ended
Jun 30, 2024
2. SEC Identification Number
CS200909233
3. BIR Tax Identification No.
007-315-916
4. Exact name of issuer as specified in its charter
ALTERNERGY HOLDINGS CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Level 3B, 111 Paseo de Roxas Building, Paseo de Roxas Avenue corner Legazpi Street, Legaspi Village, Makati CityPostal Code1229
8. Issuer's telephone number, including area code
+632 8813 4678
9. Former name or former address, and former fiscal year, if changed since last report
NA
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
3,933,840,480
Perpetual Preferred 2 - Series A
100,000,000
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 and Perpetual Preferred 2 - Series A 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
As of June 30, 2024, PhP960,473,961.00 (1,333,991,613 shares at PhP0.72 on last day of trading)
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
2024 Sustainability Report
(b) Any information statement filed pursuant to SRC Rule 20
2024 Consolidated and Parent Company Audited Financial Statements
(c) Any prospectus filed pursuant to SRC Rule 8.1
NA
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.
Alternergy Holdings CorporationALTER
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
Jun 30, 2024
Currency
PhP
Balance Sheet
Year Ending
Previous Year Ending
Jun 30, 2024
Jun 30, 2023
Current Assets
3,716,177,145
1,568,984,477
Total Assets
8,744,764,879
4,874,238,796
Current Liabilities
745,415,844
634,746,488
Total Liabilities
4,448,140,175
2,150,064,265
Retained Earnings/(Deficit)
67,183,056
(568,660)
Stockholders' Equity
4,296,624,704
2,724,174,531
Stockholders' Equity - Parent
3,554,742,862
2,081,127,824
Book Value Per Share
0.9
1.32
Income Statement
Year Ending
Previous Year Ending
Jun 30, 2024
Jun 30, 2023
Gross Revenue
274,903,345
171,484,045
Gross Expense
220,987,832
112,599,461
Non-Operating Income
177,206,733
76,624,390
Non-Operating Expense
83,985,237
88,019,114
Income/(Loss) Before Tax
147,137,009
47,489,859
Income Tax Expense
17,572,183
9,468,683
Net Income/(Loss) After Tax
129,564,826
38,021,176
Net Income/(Loss) Attributable to Parent Equity Holder
29,965,716
(17,875,826)
Earnings/(Loss) Per Share (Basic)
0.01
(0.01
Earnings/(Loss) Per Share (Diluted)
0.01
(0.01
Financial Ratios
Formula
Fiscal Year Ended
Previous Fiscal Year
Jun 30, 2024
Jun 30, 2023
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio
Current Assets / Current Liabilities
4.99
2.47
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
4.96
2.08
Solvency Ratio
Total Assets / Total Liabilities
1.97
2.27
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
0.43
0.37
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
0.88
0.66
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
2.75
1.54
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
2.03
1.79
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales
63%
65%
Net Profit Margin
Net Profit / Sales
47.13
19.66
Return on Assets
Net Income / Total Assets
1.9
0.91
Return on Equity
Net Income / Total Stockholders' Equity
3.69
1.97
Price/Earnings Ratio
Price Per Share / Earnings Per Common Share
72
(109.0
Other Relevant Information
NOTES: Gross Revenue includes Revenues from sale of electricity; Gross Expense includes Cost of sale of electricity and General and administrative expenses; Non-Operating Income includes Equity in net earnings of associates, Project cost recovery, Advisory fees, Interest income, Net foreign exchange gains; and Non-Operating Expense includes Finance costs
Please see attached executed SEC Form 17-A dated September 25, 2024 with its corresponding annexes, namely:
1. 2024 Consolidated and Parent Company Audited Financial Statements; and 2. 2024 Sustainability Report.