One of the largest integrated property developer in Southeast Asia by market capitalization. US$18.54bn

Transcription

1

2 One of the largest integrated property developer in Southeast Asia by market capitalization Market Capitalization US$18.54bn The largest listed real estate developer on the PSE by market capitalization, total assets and net income Consistently cited for excellence in corporate governance, property development, environmental consciousness, and service PSE Stock Symbol Market Capitalization Outstanding Shares Last Traded Price (15 Aug 2016) SMPH PHP862bn 28,879mn Php29.85/share

3 Fast Facts Fast Facts Fast Facts Fast Facts 58 Malls in the Philippines 6 Malls in China 8.5 million sqm total Gross Floor Area 37 Residential Projects Launched 97,287 Residential Units (since 2003) Completed 78,405 Residential Units 6 Office Buildings 370,685 sqm total Gross Floor Area 6 Hotels 1,510 Hotel Rooms 4 Convention Centers and 2 Trade Halls 1H2016 Operating Highlights 1H2016 Operating Highlights 1H2016 Operating Highlights 1H2016 Operating Highlights Total Revenues of PHP23.6 billion grew by 9.1% from 1H2015 Operating Income of PHP13.2 billion rose by 9.4% from 1H15 Total Real Estate Revenues of PHP13.2 billion improved by 6.1% from 1H2015 Operating Income of PHP3.9 billion increased by 4.8% from 1H2015 Reservation sales of PHP14.5bn, up by 20%, translating an 18% increase to 8,078 unit sales. Total Revenues of PHP1.1 billion grew by 50.8% from 1H2015 Operating Income amounted to PHP0.8 billion jumped by 111.4% from 1H2015 Total Revenues of PHP1.3 billion increased by 26.8% from 1H2015

4 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2% 3% 3% 3% 3% 4% 5% 4% 5% 3% 40% 35% 34% 32% 34% 53% 57% 59% 60% 60% H2016 Malls Residences Commercial Hotels and Convention Centers Malls revenue accounts to 60% of SM Prime s revenue, Residences likewise holds 34% Revenue from commercial properties group contributes 3% Hotels and Convention centers take up the rest

5 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 1% 2% 1% 5% 5% 4% 6% 5% 31% 64% 25% 25% 23% 26% 70% 69% 69% 68% H2016 Malls Residences Commercial Hotels and Conventions More than 70% of the consolidated net income are recurring while the rest comes from developmental income Malls contribute the most among key business units The contribution from these BUs should be sustained over the medium term

6 SM Prime is the largest mall operator/developer in the Philippines

7 Metro Manila malls accounts for 44% of total mall space followed by Luzon (35%), Visayas (14%) and Mindanao (7%) New expansions is geared towards the provincial areas Average mature mall occupancy rate of 94% Serve as anchor for Lifestyle City developments

8 Opening GFA (sqm) Opening GFA (sqm) Apr2016 SM San Jose Del Monte 114,186 May2016 SM Trece Martires 83,783 Nov2016 Cherry SM Congressional 13,273 2H2016 SM East Ortigas 80,127 Expansions 2H2016 SM San Pablo 13,359 2H2016 SM Molino 39,674 Total 344,401 Projection End of 2016 Total Malls 60 GFA 7.66 mn sqm 1H2017 SM Center Tuguegarao 25,890 1H2017 SM Puerto Princesa 65,073 2H2017 Cherry SM Antipolo 22,777 2H2017 SM Center Lemery 24,079 2H2017 SM Premier Cagayan de Oro 81,133 2H2017 SM Urdaneta 46,570 2H2017 SM Center Ormoc 28,408 Total 293,930 Projection End of 2017 Total Malls 67 GFA 7.95 mn sqm

9 A leading condominium developer in Metro Manila that focuses on affordable housing segment Accounts for 34% of the group s revenue A total of 37 projects which is equivalent to 97,287 launched units and 78,405 completed and delivered units 8 new and 4 expansion of existing projects equivalent to at least 11,000 units will be launched this year Has a land bank of 61.9 hectares in key cities within Metro Manila Fame Residences, Mandaluyong City Jazz Residences, Makati City Air Residences, Makati city

10 Projects Overview Ready-for-Occupancy (RFO) Units 2,613 1H2016 Reservation Sales (value) PHP22.6 bn 1H2016 Reservation Sales (units) 8, Planned launches 11,000-14,000 units (est.) 2016 CAPEX PHP16.3bn Project Landbanking PHP10.4 bn PHP5.9 bn Fame Residences, Mandaluyong City

11 Have 2 large-scale tourism projects Tagaytay Highlands and Pico de Loro Tagaytay Highlands is an exclusive mountain resort, golf club and residential complex 40 hectares Pico de Loro project is Phase 1 of Hamilo Coast project, a premier and sustainable leisure destination in Nasugbu, Batangas Pico de Loro at Hamilo Coast Construction of Woodridge Place s Mahogany and Linden buildings Landbank of hectares Capital expenditure of PHP750 mn The Aspenhills Village Hall

12 Completed Projects Caters primarily to the growing BPO Industry Have a GFA of almost 371,000 sqm for 6 completed towers Target to increase GFA to almost 610,000 sqm by 2020 TwoE-comCenter FiveE-comCenter On-going Project On-going construction of office buildings within existing malls ThreeE-comCenter FourE-comCenter

13 Operates with 6 hotels with over 1,500 rooms; 4 SMX Convention Centers, and 2 Megatrade Halls reaching 36,000 sqm of leasable space Radisson Blu Hotel Pico Sands Hotel Park inn by Radisson Opened Park Inn by Radisson in Clark, Pampanga with 154 rooms on December 2015 Park Inn Clark Conrad Manila Launched the iconic 347-room Conrad Manila in MOA Complex last June SMX Convention Center

14