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One of the largest integrated property developer in Southeast Asia by market capitalization
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
US$18.54bnMarket
Capitalization
PSE Stock Symbol SMPH
Market Capitalization PHP862bn
Outstanding Shares 28,879mn
Last Traded Price (15 Aug 2016)
Php29.85/share
Fast Facts
► 58 Malls in the Philippines
► 6 Malls in China
► 8.5 million sqm total Gross Floor
Area
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
Fast Facts
► 37 Residential Projects
► Launched 97,287 Residential
Units (since 2003)
► Completed 78,405 Residential
Units
1H2016 Operating
Highlights
► 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.
Fast Facts
► 6 Office Buildings
► 370,685 sqm total Gross
Floor Area
1H2016 Operating
Highlights
► 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
Fast Facts
► 6 Hotels
► 1,510 Hotel Rooms
► 4 Convention Centers and
2 Trade Halls
1H2016 Operating
Highlights
► Total Revenues of PHP1.3
billion increased by 26.8%
from 1H2015
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
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012 2013 2014 2015 1H2016
53% 57% 59% 60% 60%
40% 35% 34% 32% 34%
4% 5% 4% 5% 3%2% 3% 3% 3% 3%
Malls Residences Commercial Hotels and Convention Centers
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
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012 2013 2014 2015 1H2016
64%70% 69% 69% 68%
31%25% 25% 23% 26%
5% 5% 4% 6% 5%1% 2% 1%
Malls Residences Commercial Hotels and Conventions
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
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
Opening GFA (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
Fame Residences, Mandaluyong City
Jazz Residences, Makati City
Air Residences, Makati city
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
Projects Overview
Ready-for-Occupancy (RFO) Units 2,613
1H2016 Reservation Sales (value) PHP22.6 bn
1H2016 Reservation Sales (units) 8,078
2016 Planned launches 11,000-14,000 units (est.)
2016 CAPEX PHP16.3bn
Project PHP10.4 bn
Landbanking PHP5.9 bn
Fame Residences, Mandaluyong City
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 ofHamilo Coast project, a premier and sustainableleisure destination in Nasugbu, Batangas
Landbank of 559.8 hectares
Capital expenditure of PHP750 mn
Pico de Loro at Hamilo Coast
Construction of Woodridge Place’s Mahogany and Linden buildings
The Aspenhills Village Hall
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
On-going construction of office buildings
within existing malls
TwoE-comCenter FiveE-comCenter
On-going Project
FourE-comCenterThreeE-comCenter
Radisson Blu Hotel
Park Inn Clark
SMX Convention Center
Operates with 6 hotels with over 1,500
rooms; 4 SMX Convention Centers, and
2 Megatrade Halls reaching 36,000 sqm
of leasable space
Opened Park Inn by Radisson in Clark,
Pampanga with 154 rooms on December
2015
Launched the iconic 347-room Conrad Manila
in MOA Complex last June
Pico Sands Hotel Park inn by Radisson
Conrad Manila