Income Statement SOCResources, Inc.

Stocks

SOC

PHY8076K1008

Real Estate Development & Operations

Market Closed - Philippines S.E. 22:59:57 2026-06-15 EDT			5-day change	1st Jan Change
0.2090 ^PHP	-.--%		-.--%	+13.59%

08-20	SOCResources, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-21	SOCResources, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: SOCRESOURCES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020 (PHP)	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)
Revenues	51.05M	311M	177M	283M	158M
Gain (Loss) on Sale of Investment, Total (Rev)	-	247K	89.41K	-	-
Interest And Invest. Income (Rev)	12.44M	8.78M	11.32M	31.92M	39.64M
Total Revenues	63.48M	320M	188M	315M	198M
Cost of Goods Sold, Total	28.24M	187M	110M	153M	91.73M
Gross Profit	35.25M	132M	78.53M	162M	106M
Selling General & Admin Expenses, Total	50.97M	85.36M	66.44M	100M	66.8M
Exploration / Drilling Costs, Total	-	634K	-	-	-
Other Operating Expenses	-7.79M	8.16M	-30.11M	-5.73M	-16.12M
Other Operating Expenses, Total	43.18M	94.15M	36.34M	94.58M	50.68M
Operating Income	-7.93M	38.24M	42.2M	67.44M	55.53M
Interest Expense, Total	-	-	-	-	-
Net Interest Expenses	-	-	-	-	-
Currency Exchange Gains (Loss)	-325K	371K	592K	-47.99K	309K
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-8.25M	38.61M	42.79M	67.39M	55.84M
EBT, Incl. Unusual Items	-8.25M	38.61M	42.79M	67.39M	55.84M
Income Tax Expense	3.09M	15.33M	11.69M	14.48M	8.29M
Earnings From Continuing Operations	-11.35M	23.28M	31.1M	52.92M	47.55M
Net Income to Company	-11.35M	23.28M	31.1M	52.92M	47.55M
Net Income - (IS)	-11.35M	23.28M	31.1M	52.92M	47.55M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-11.35M	23.28M	31.1M	52.92M	47.55M
Net Income to Common Excl. Extra Items	-11.35M	23.28M	31.1M	52.92M	47.55M
Per Share Items
Net EPS - Basic	-0.01	0.03	0.03	0.06	0.05
Basic EPS - Continuing Operations	-0.01	0.03	0.03	0.06	0.05
Basic Weighted Average Shares Outstanding	902M	902M	902M	902M	902M
Net EPS - Diluted	-0.01	0.03	0.03	0.06	0.05
Diluted EPS - Continuing Operations	-0.01	0.03	0.03	0.06	0.05
Diluted Weighted Average Shares Outstanding	902M	902M	902M	902M	902M
Normalized Basic EPS	-0.01	0.03	0.03	0.05	0.04
Normalized Diluted EPS	-0.01	0.03	0.03	0.05	0.04
Supplemental Items
EBITDA	-5.38M	42.52M	45.8M	70.51M	58.04M
EBITA	-7.93M	38.24M	42.2M	67.44M	55.53M
EBIT	-7.93M	38.24M	42.2M	67.44M	55.53M
EBITDAR	-	45.2M	48.34M	73.39M	60.59M
Total Revenues (As Reported)	-	9.4M	42.11M	37.64M	-
Effective Tax Rate - (Ratio)	-37.45	39.7	27.32	21.48	14.85
Total Current Taxes	3.09M	17.36M	13.88M	6.53M	7.69M
Total Deferred Taxes	-	-2.03M	-2.19M	7.95M	603K
Normalized Net Income	-5.16M	24.13M	26.74M	42.12M	34.9M
Non-Cash Pension Expense	-	223K	360K	602K	483K
Supplemental Operating Expense Items
Advertising Expense	-	1.37M	1.59M	331K	553K
Selling and Marketing Expenses	6.67M	23.22M	15.78M	44.65M	12.19M
General and Administrative Expenses	44.3M	59.46M	48.13M	52.78M	52.06M
Research And Development Expense From Footnotes	-	308K	1.98M	2.49M	102K
Exploration/Drilling Costs	-	634K	-	-	-
Net Rental Expense, Total	-	2.68M	2.53M	2.88M	2.55M
Maintenance & Repair Expenses, Total	-	514K	3.76M	1.05M	1.22M

Fiscal Period: December	2020 (PHP)	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)
Assets
Cash And Equivalents	599M	491M	749M	764M	778M
Short Term Investments	-	188M	-	-	-
Total Cash And Short Term Investments	599M	679M	749M	764M	778M
Accounts Receivable, Total	87.89M	54.48M	47.35M	46.32M	34.33M
Other Receivables	256K	961K	5.62M	6.63M	17.48M
Total Receivables	88.15M	55.44M	52.97M	52.95M	51.81M
Inventory	1.06B	1.01B	1.07B	1.02B	987M
Prepaid Expenses	57.8M	-	-	-	-
Other Current Assets, Total	-	68.72M	64.25M	61.64M	51.13M
Total Current Assets	1.81B	1.82B	1.94B	1.9B	1.87B
Gross Property Plant And Equipment	-	78.63M	79.44M	79.84M	80.13M
Accumulated Depreciation	-	-44.87M	-48.48M	-51.55M	-54.07M
Net Property Plant And Equipment	36.57M	33.76M	30.96M	28.29M	26.07M
Long-term Investments	43.87M	84.3M	64.25M	85.64M	96.38M
Accounts Receivable Long-Term	18.42M	45.54M	47.94M	18.02M	10.97M
Deferred Tax Assets Long-Term	-	8.99M	16.07M	7.92M	7.25M
Other Long-Term Assets, Total	13.18M	8.5M	2.96M	4.37M	5.47M
Total Assets	1.92B	2B	2.1B	2.04B	2.01B
Liabilities
Accounts Payable, Total	56.12M	15.68M	15.03M	14.61M	12.02M
Accrued Expenses, Total	-	16.78M	18.29M	16.14M	10.21M
Unearned Revenue Current, Total	81.78M	99.74M	140M	161M	84.19M
Other Current Liabilities	-	38.89M	45.58M	40.12M	32.6M
Total Current Liabilities	138M	171M	219M	232M	139M
Unearned Revenue Non Current	158M	169M	175M	34.44M	37.67M
Pension & Other Post Retirement Benefits	6.62M	9.03M	8.99M	7.92M	7.79M
Deferred Tax Liability Non Current	1.68M	-	6.27M	9.48M	11.17M
Total Liabilities	304M	349M	409M	283M	196M
Common Stock, Total	601M	601M	601M	601M	601M
Additional Paid In Capital	72.27M	72.27M	72.27M	72.27M	72.27M
Retained Earnings	856M	883M	914M	967M	1.01B
Treasury Stock	-4.96M	-4.96M	-4.96M	-4.96M	-4.96M
Comprehensive Income and Other	90.14M	98.56M	107M	126M	136M
Total Common Equity	1.61B	1.65B	1.69B	1.76B	1.82B
Total Equity	1.61B	1.65B	1.69B	1.76B	1.82B
Total Liabilities And Equity	1.92B	2B	2.1B	2.04B	2.01B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	902M	902M	902M	902M	902M
ECS Total Common Shares Outstanding	902M	902M	902M	902M	902M
Book Value / Share	1.79	1.83	1.87	1.95	2.02
Tangible Book Value	1.61B	1.65B	1.69B	1.76B	1.82B
Tangible Book Value Per Share	1.79	1.83	1.87	1.95	2.02
Total Debt	0	0	0	0	0
Net Debt	-599M	-679M	-749M	-764M	-778M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	9.03M	8.99M	7.92M	7.79M
Debt Equivalent Oper. Leases	-	21.43M	20.28M	23.03M	20.36M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	1.06B	1.01B	1.07B	1.02B	987M
Land - (BS)	-	16.34M	16.34M	16.34M	16.34M
Buildings, Total	-	20.38M	20.38M	20.38M	20.38M
Machinery, Total	-	36.2M	36.9M	37.3M	37.59M
Full Time Employees	6	-	40	38	7

Fiscal Period: December	2020 (PHP)	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)
Net Income	-11.35M	23.28M	31.1M	52.92M	47.55M
Depreciation & Amortization - CF	2.55M	4.28M	3.61M	3.07M	2.52M
Depreciation & Amortization, Total	2.55M	4.28M	3.61M	3.07M	2.52M
(Gain) Loss on Sale of Investments - (CF)	-	-247K	-89.41K	-	-
Asset Writedown & Restructuring Costs	-1.13M	-	-	-	-
Other Operating Activities, Total	1.59M	-2.29K	-2.47M	4.76M	-9.78M
Change In Accounts Receivable	-5.06M	-15.36M	1.24M	28.57M	13.63M
Change In Inventories	-3.77M	47.62M	-49.82M	51.09M	39.02M
Change In Accounts Payable	-4.06M	15.23M	7.55M	-8.03M	-16.04M
Change in Unearned Revenues	60.17M	28.95M	46.43M	-120M	-73.28M
Change in Other Net Operating Assets	4.18M	7.24M	5.02M	4.15M	9.97M
Cash from Operations	43.11M	111M	42.56M	16.63M	13.59M
Capital Expenditure	-23.54K	-3.33M	-1.7M	-1.8M	-291K
Investment in Marketable and Equity Securities, Total	-	-216M	217M	-	-
Other Investing Activities, Total	-1M	141K	116K	295K	425K
Cash from Investing	-1.02M	-219M	215M	-1.51M	134K
Issuance of Common Stock	-	-	-	-	-
Cash from Financing	-	-	-	-	-
Foreign Exchange Rate Adjustments	-325K	371K	592K	-47.99K	309K
Net Change in Cash	41.76M	-108M	258M	15.08M	14.03M
Supplemental Items
Cash Income Tax Paid (Refund)	3.41M	15.11M	8.06M	6.7M	9.06M
Levered Free Cash Flow	-64.69M	65.08M	28.35M	107M	-9.49M
Unlevered Free Cash Flow	-64.69M	65.08M	28.35M	107M	-9.49M
Change In Net Working Capital	62.26M	-40.23M	-70.2K	-63.56M	46.42M

Fiscal Period: December	2020 (PHP)	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)
Profitability
Return on Assets	-0.26	1.22	1.29	2.03	1.71
Return on Total Capital	-0.31	1.46	1.58	2.44	1.94
Return On Equity %	-0.7	1.42	1.86	3.07	2.66
Return on Common Equity	-0.7	1.42	1.86	3.07	2.66
Margin Analysis
Gross Profit Margin %	55.52	41.4	41.77	51.37	53.66
SG&A Margin	80.29	26.69	35.34	31.8	33.75
EBITDA Margin %	-8.48	13.3	24.36	22.36	29.32
EBITA Margin %	-12.49	11.96	22.44	21.38	28.05
EBIT Margin %	-12.49	11.96	22.44	21.38	28.05
Income From Continuing Operations Margin %	-17.87	7.28	16.54	16.78	24.02
Net Income Margin %	-17.87	7.28	16.54	16.78	24.02
Net Avail. For Common Margin %	-17.87	7.28	16.54	16.78	24.02
Normalized Net Income Margin	-8.13	7.54	14.22	13.36	17.63
Levered Free Cash Flow Margin	-101.9	20.35	15.08	33.92	-4.79
Unlevered Free Cash Flow Margin	-101.9	20.35	15.08	33.92	-4.79
Asset Turnover
Asset Turnover	0.03	0.16	0.09	0.15	0.1
Fixed Assets Turnover	1.7	9.1	5.81	10.65	7.28
Receivables Turnover (Average Receivables)	0.74	6.16	3.47	6.05	3.93
Inventory Turnover (Average Inventory)	0.03	0.18	0.11	0.15	0.09
Short Term Liquidity
Current Ratio	13.1	10.62	8.83	8.21	13.44
Quick Ratio	4.98	4.29	3.66	3.53	5.97
Operating Cash Flow to Current Liabilities	0.31	0.65	0.19	0.07	0.1
Days Sales Outstanding (Average Receivables)	496.29	59.26	105.21	60.3	93.24
Days Outstanding Inventory (Average Inventory)	13.74K	2.02K	3.47K	2.49K	4.01K
Average Days Payable Outstanding	432.18	38.56	34.04	51.66	85.12
Cash Conversion Cycle (Average Days)	13.8K	2.04K	3.55K	2.5K	4.01K
Long Term Solvency
Total Liabilities / Total Assets	15.85	17.46	19.5	13.86	9.71
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Net Debt / EBITDA	111.3	-15.97	-16.36	-10.84	-13.41
Net Debt / (EBITDA - Capex)	110.81	-17.32	-16.99	-11.12	-13.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-53.36	403.75	-41.2	67.73	-37.24
Gross Profit, 1 Yr. Growth %	-47.6	304.96	-40.23	106.3	-34.44
EBITDA, 1 Yr. Growth %	-510.81	-889.21	7.73	53.94	-17.68
EBITA, 1 Yr. Growth %	201.65	-581.99	10.36	59.83	-17.67
EBIT, 1 Yr. Growth %	201.65	-581.99	10.36	59.83	-17.67
Earnings From Cont. Operations, 1 Yr. Growth %	368.72	-393.26	33.6	70.15	-10.15
Net Income, 1 Yr. Growth %	368.72	-393.26	33.6	70.15	-10.15
Normalized Net Income, 1 Yr. Growth %	187.59	-567.51	10.83	57.51	-17.15
Diluted EPS Before Extra, 1 Yr. Growth %	368.67	-393.28	33.64	70.15	-10.17
Accounts Receivable, 1 Yr. Growth %	73.88	17.35	-13.1	-2.16	-25.89
Inventory, 1 Yr. Growth %	0.32	-4.42	5.43	-4.55	-3.38
Net Property, Plant and Equip., 1 Yr. Growth %	-3.68	-7.68	-8.28	-8.62	-7.87
Total Assets, 1 Yr. Growth %	2.47	4.08	4.73	-2.58	-1.48
Tangible Book Value, 1 Yr. Growth %	-0.65	1.96	2.39	4.24	3.27
Common Equity, 1 Yr. Growth %	-0.65	1.96	2.39	4.24	3.27
Cash From Operations, 1 Yr. Growth %	-59.73	150.88	-61.65	-60.92	-18.31
Capital Expenditures, 1 Yr. Growth %	-99.6	47	-49.02	6.09	-83.86
Levered Free Cash Flow, 1 Yr. Growth %	-203.28	-1.33K	-56.43	277.31	-108.87
Unlevered Free Cash Flow, 1 Yr. Growth %	-203.28	-1.33K	-56.43	277.31	-108.87
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-36.15	53.29	72.1	-0.69	2.6
Gross Profit, 2 Yr. CAGR %	-37.2	40.3	54.99	11.04	16.29
EBITDA, 2 Yr. CAGR %	-46.46	469.58	191.58	28.78	12.57
EBITA, 2 Yr. CAGR %	-29.4	281.38	130.63	32.81	14.72
EBIT, 2 Yr. CAGR %	-29.4	281.38	130.63	32.81	14.72
Earnings From Cont. Operations, 2 Yr. CAGR %	20.33	210.1	97.94	50.77	23.65
Net Income, 2 Yr. CAGR %	20.33	210.1	97.94	50.77	23.65
Normalized Net Income, 2 Yr. CAGR %	-20.58	266.75	127.63	32.12	14.24
Diluted EPS Before Extra, 2 Yr. CAGR %	20.31	210.15	97.94	50.77	23.63
Accounts Receivable, 2 Yr. CAGR %	70.1	3.82	0.98	-7.79	-14.85
Inventory, 2 Yr. CAGR %	-0.25	-2.08	0.39	0.32	-3.97
Net Property, Plant and Equip., 2 Yr. CAGR %	0.81	-5.7	-7.98	-8.45	-8.24
Total Assets, 2 Yr. CAGR %	3.23	3.32	4.53	1.01	-2.03
Tangible Book Value, 2 Yr. CAGR %	-0.68	0.75	2.18	3.31	3.75
Common Equity, 2 Yr. CAGR %	-0.68	0.75	2.18	3.31	3.75
Cash From Operations, 2 Yr. CAGR %	-25.41	1.82	-1.91	-61.29	-43.5
Capital Expenditures, 2 Yr. CAGR %	-92.36	-25.57	-13.44	-26.46	-58.62
Levered Free Cash Flow, 2 Yr. CAGR %	99	2.01	131.83	28.21	-42.15
Unlevered Free Cash Flow, 2 Yr. CAGR %	99	2.01	131.83	28.21	-42.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.81	27.11	11.38	70.63	-14.78
Gross Profit, 3 Yr. CAGR %	-7.41	13.99	5.3	70.49	-6.85
EBITDA, 3 Yr. CAGR %	-25.36	31.3	226.95	135.66	10.93
EBITA, 3 Yr. CAGR %	-19.8	33.95	152.25	104.1	13.24
EBIT, 3 Yr. CAGR %	-19.8	33.95	152.25	104.1	13.24
Earnings From Cont. Operations, 3 Yr. CAGR %	-24.41	43.75	134.21	88.2	26.88
Net Income, 3 Yr. CAGR %	-24.41	43.75	134.21	88.2	26.88
Normalized Net Income, 3 Yr. CAGR %	-28.75	43.42	146.11	101.33	13.09
Diluted EPS Before Extra, 3 Yr. CAGR %	-24.42	43.74	134.23	88.21	26.87
Accounts Receivable, 3 Yr. CAGR %	15.21	21.5	-2.16	-0.08	-14.27
Inventory, 3 Yr. CAGR %	-0.96	-1.66	0.36	-1.29	-0.93
Net Property, Plant and Equip., 3 Yr. CAGR %	1.6	-2.1	-6.57	-8.2	-8.26
Total Assets, 3 Yr. CAGR %	2.96	3.54	3.87	2.1	0.17
Tangible Book Value, 3 Yr. CAGR %	-0.13	0.26	1.3	2.86	3.3
Common Equity, 3 Yr. CAGR %	-0.13	0.26	1.3	2.86	3.3
Cash From Operations, 3 Yr. CAGR %	24.17	12.53	-26.47	-27.83	-50.35
Capital Expenditures, 3 Yr. CAGR %	-79.18	-6.14	-34.39	-7.36	-55.64
Levered Free Cash Flow, 3 Yr. CAGR %	-26.84	58.53	-23.18	172.7	-47.37
Unlevered Free Cash Flow, 3 Yr. CAGR %	-26.84	58.53	-23.18	172.7	-47.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-24.3	13.43	19.11	15.16	7.78
Gross Profit, 5 Yr. CAGR %	-9.78	18.78	12.08	12.63	9.57
EBITDA, 5 Yr. CAGR %	-21.48	7.59	28.74	30.29	113.43
EBITA, 5 Yr. CAGR %	-17.21	7.36	22.38	33.49	84.06
EBIT, 5 Yr. CAGR %	-17.21	7.36	22.38	33.49	84.06
Earnings From Cont. Operations, 5 Yr. CAGR %	-11.84	-2.01	3.44	46.52	81.4
Net Income, 5 Yr. CAGR %	-11.84	-2.01	3.44	46.52	81.4
Normalized Net Income, 5 Yr. CAGR %	-16.3	7.3	13.4	38.79	81.05
Diluted EPS Before Extra, 5 Yr. CAGR %	-11.77	-2.02	3.43	46.51	81.4
Accounts Receivable, 5 Yr. CAGR %	-13.09	-6.35	-3.8	8.81	-7.45
Inventory, 5 Yr. CAGR %	-0.91	2.52	-0.42	-0.87	-1.39
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.28	-0.54	-2.35	-4.69	-7.24
Total Assets, 5 Yr. CAGR %	1.64	2.52	3.6	2.57	1.47
Tangible Book Value, 5 Yr. CAGR %	0.03	0.04	0.83	1.47	2.27
Common Equity, 5 Yr. CAGR %	0.03	0.04	0.83	1.47	2.27
Cash From Operations, 5 Yr. CAGR %	17.17	13.87	13.58	-26.56	-33.82
Capital Expenditures, 5 Yr. CAGR %	-65.6	63.95	-8.21	-14.87	-45.44
Levered Free Cash Flow, 5 Yr. CAGR %	44.97	-25.53	-29.71	45.62	-31.42
Unlevered Free Cash Flow, 5 Yr. CAGR %	44.97	-25.53	-29.71	45.62	-31.42