Overview
Food, phones, and flying are only a part of the JG Summit empire. Besides its consumer foods, wireless telecom, and aviation operations, the Philippine conglomerate has interests in packaging plants, real estate development, petrochemicals, and banking and financial services. Its Universal Robina unit makes and sells consumer foods, animal feed, and animal health items. JG Summit's real estate arm, Robinsons Land Corporation, develops commercial
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Read More and residential properties and manages hotels. Its listed Digital Telecommunications Philippines (aka Digitel) subsidiary provides wireless service.
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Read More and residential properties and manages hotels. Its listed Digital Telecommunications Philippines (aka Digitel) subsidiary provides wireless service.
Read Less
Lance Yu Gokongwei
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Management of Companies and Enterprises
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Holding companies, nec
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Estimated
$6.81 billion
Actual
10.28%
6.39%
$1.04 million
DEC
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Philippine:JGS
Contacts
Get in Touch with 13 Principals*
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Lance Yu GokongweiChief Executive Officer and President
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2024
$6.81 billion
USD
Actual
1 USD = 55.5679 PHP
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $951 | $773 | $123 |
| Net Investing Cash | -$583 | -$449 | -$140 |
| Net Financing Cash | -$400 | -$974 | $69 |
| Net Change in Cash | -$32 | -$651 | $51 |
| Cash at Beginning of Period | $892 | $1,542 | $1,492 |
| Cash at End of Period | $860 | $892 | $1,542 |
| Capital Expenditure | -$1,136 | -$868 | -$583 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $860 | $683 | $1,423 |
| Accounts Receivable | $763 | $811 | $746 |
| Inventories | $1,773 | $1,800 | $1,660 |
| Other Current Assets | $836 | $3,868 | $3,773 |
| Asset Summary | |||
| Total Current Assets | $4,233 | $7,161 | $7,601 |
| Tangible Fixed Assets | $7,061 | $6,260 | $5,419 |
| Intangible Assets | $131 | $110 | $106 |
| Total Assets | $1,042,498 | $1,112,257 | $1,073,202 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $661 | $744 | $656 |
| Short-Term Debt | $1,815 | $1,953 | $2,922 |
| Other Current Liabilities | $1,636 | $4,057 | $3,747 |
| Liability Summary | |||
| Total Current Liabilities | $4,113 | $6,754 | $7,326 |
| Long-Term Debt | $3,845 | $3,476 | $3,009 |
| Other Long-Term Liabilities | $34 | $31 | $41 |
| Total Liabilities | $10,228 | $12,007 | $11,622 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $949 | $949 | $949 |
| Retained Earnings | $5,025 | $4,694 | $4,388 |
| Equity Summary | |||
| Total Equity | $6,558 | $6,045 | $5,757 |
| Shares Outstanding | 7,520,983,658 | 7,520,983,658 | 7,520,983,658 |