|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Forum Pacific, Inc.
Main Activities: Oil and Gas Extraction - Investment Brokerage and Other Financial Investments
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Forum Pacific, Inc. Headquarters 22/F Citibank Tower 8741 Paseo de Roxas Ave; Makati ; National Capital Region; 1226 Legal Address 22/F Citibank Towers 8741 Paseo de Roxas Ave; Makati ; National Capital Region; 1226 |
Status: Listed Legal Form: Public Limited Company Operational Status: Operational Financial Auditors: BDO Alba Romeo & Company (2012) Incorporation Date: January 8, 1993 Total Employees: 37 Tel: (63 2) 8480848 |
|
Company Description |
| Forum Pacific, Inc. (FPI) is a holding company. 56 % owned Express Savings Bank (ESB) is the main revenue source of FPI. ESB is a savings bank based in Cabuyao, Laguna. In 2004, ESB suffer from continued losses. Furthermore, the Bangko Sentral ng Pilipinas (BSP) ordered ESB to infuse fresh fund in order to meet the minimum capital requirement for thrift banks outside Metro Manila area and to maintain at least 10 % of its capital adequacy. Due to this ESB has entered into a Memorandum of Undertaking | ||
|
||
Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2009, total net operating revenues increased with 101.36%, from PHP -186,291.85 thousands to PHP 2,527 thousands. Operating result increased from PHP -199,883.4 thousands to PHP -15,238 thousands which means 92.38% change. The results of the period increased 93.10% reaching PHP -12,559 thousands at the end of the period against PHP -182,016.99 thousands last year. Return on equity (Net income/Total equity) went from -41.96% to -2.76%, the Return On Asset (Net income / Total Asset) went from -25.03% to -1.65% and the Net Profit Margin (Net Income/Net Sales) went from -97.71% to -496.99% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 65.85% compared to 67.64% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.09 to 22.00 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2012 Y (cons) |
2012 Q3C (cons) |
|
 | ||
| Audited | Non-Audited | |
| ||
| WVB Company Financials | WVB Company Financials | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
402,710 |
652,151 |
| ||
Current Assets |
727 |
50,426 |
| ||
Total Liabilities |
3,872 |
280,313 |
| ||
Shareholders Equity |
398,838 |
368,149 |
| ||
Current Liabilities |
425 |
1,417 |
| ||
| * All the accounts are in PHP. | ||
Income Statement
| ||
Total Operating Revenue |
920 |
0 |
| ||
Operational Profit (Loss) |
-1,474 |
-1,800 |
| ||
Net Profit (Loss) |
-1,265 |
-1,800 |
| ||
| * All the accounts are in PHP. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
-0.31% |
-0.28% |
| ||
Annualised Return on Assets (ROA) |
-0.31% |
-0.37% |
| ||
Return on Equity (ROE) |
-0.32% |
-0.48% |
| ||
Annualised Return on Equity (ROE) |
-0.32% |
-0.64% |
| ||
Return on Capital |
-0.32% |
-0.48% |
| Valuation figures and ratios | ||
| ||
Earning Before Interests and Taxes (EBIT) |
-1,474 |
-1,800 |
| ||
EBITDA |
-1,474 |
-1,800 |
| ||
Enterprise value |
299,708 |
341,243 |
| ||
Enterprise Value / EBITDA |
-203.33 |
-189.58 |
| ||
Bookvalue (BV) |
402,710 |
652,151 |
| ||
Net Cash |
-133 |
-1,349 |
| Liquidity Ratios | ||
| ||
Current Ratio |
171.06% |
3,558.65% |
| ||
Quick ratio |
171.06% |
3,558.65% |
| ||
Doom's day ratio |
68.71% |
4.8% |
| Leverage Ratios | ||
| ||
Leverage ratio |
100.97% |
175.39% |
| ||
Debt to equity |
0.97% |
75.39% |
| ||
Debt to total assets |
0.96% |
42.98% |
| ||
Long Term Debt to Capital |
0.28% |
18.76% |
| Market ratios | ||
| ||
Market Capitalization/EBITDA |
-203.53 |
-191.67 |
| ||
Price/Book Ratio |
0.74 |
0.46 |
| ||
Market Cap / Net cash |
-2,255.64 |
-255.75 |
| Trend Ratios | ||
| ||
Net Income Trend |
3.45% |
35.81% |
| ||
Operating Income Trend |
84.37% |
35.81% |
| ||
 |