Cebu Landmasters, Inc. · PSE:CLI
Cebu Landmasters — H1 2023 Earnings Presentation
37 slides from Cebu Landmasters's earnings presentation, Aug 10, 2023
Slide 1: H1 2023 Investors and Analysts Briefing
H1 2023 INVESTORS AND ANALYSTS BRIEFING August 10, 2023 | 2PM www.cebulandmasters.com
Slide 2: Visit our Investor Relations website
Visit our Investor Relations website at https://ir.cebulandmasters.com/ You may download the H1 2023 presentation materials and Financial Reports by scanning the QR codes below. Presentation Financial Materials Statements For inquiries you may e-mail ir@cebulandmasters.com H1 2023 Investors and Anal
Slide 3: Reminders
Reminders For any questions, you may Participants are kept on mute use the Q&A chat box during the webinar session. provided. Indicate your name & organization. The meeting is recorded and All questions will be addressed can be accessed in the during the Q&A session. company’s website. H1 2023 Inves
Slide 4: Financial Performance, Business Updates, Significant Milestones
01 02 03 FINANCIAL BUSINESS SIGNIFICANT PERFORMANCE UPDATES MILESTONES H1 2023 Investors and Analysts Briefing
Slide 5: H1 2023 Key Highlights
H1 2023 KEY HIGHLIGHTS SUSTAINED ROBUST TOP LINE RECORD BREAKING SOLID AND HEALTHY PERSISTENT LAUNCH OF CONTINUOUS BUILD EARNINGS GROWTH GROWTH ACROSS SALES TAKE UP BALANCE SHEET QUALITY PROJECTS UP OF LANDBANK MOMENTUM ALL SEGMENTS +32% +23% +36% 93 BN 13.5 BN 113 HA YOY YOY YOY IN ASSETS NEW LAUNC
Slide 6: Financial Performance
01 02 03 FINANCIAL BUSINESS SIGNIFICANT PERFORMANCE UPDATES MILESTONES H1 2023 Investors and Analysts Briefing
Slide 7: Sustained Earnings Growth Momentum
Sustained Earnings Growth Momentum Posts 32% growth on Consolidated Earnings H1 2023 PARENT NIAT DROVE A (₱ IN MILLIONS) H1 2023 Actual H1 2022 Actual Movement Movement (%) SOLID 9% INCREASE Sale of real estates 9,009 7,364 1,646 22% (IN MILLIONS) Hotel 57 33 24 74% Leasing 50 35 15 41% Management f
Slide 8: Robust top line growth across all segments
Robust top Line growth across all segments Increased 23% with ₱30 Bn in Unrealized Revenue REALIZED AND UNREALIZED REVENUE MARKET (Realized Revenue) (PH in Millions) Increasing contribution from Garden Series projects Unrealized Revenue Realized Revenue +17% +2% +23% +34% 2022 H1 2023 +28% 2021 +40%
Slide 9: Highest first-half reservation sales figure
Highest first-half reservation sales figure Driven by new launches RESERVATION SALES MARKET (Reservation Sales) (PHP IN MILLIONS) Strongly driven by economic housing BUYERS’ PROFILE: NATIONALITY: 58% LOCALLY EMPLOYED 97% FILIPINO 30% OFW 3% FOREIGN 12% BUSINESS +10% +16% % vs YoY Growth +12% +32% +36%
Slide 10: Solid and Healthy Financial Position with ₱93Bn Total Assets
Solid and Healthy Financial Position with ₱93Bn Total Assets Driven by continued construction progress of units sold As of Jun 30, As of Dec 31, Movement In (₱ IN MILLIONS) Movement % ROA CONSO ROA 2023 2022 Php H1 2023 Cash 987 1,435 (448) (31%) CONSO Accounts Receivables 2,784 3,678 (894) (24%) Co
Slide 11: Conso Debt Maturity Profile
Conso | Debt Maturity Profile Net Debt to Equity within Loan Covenants OUTSTANDING LOANS AS OF JUNE 30, 2023 COST OF DEBT & NET D/E (PHP IN MILLIONS) FLOAT AND FIXED O/S LOANS AND RATES Fixed - 65%, Float - 35%
Slide 12: Business Updates
01 02 03 FINANCIAL BUSINESS SIGNIFICANT PERFORMANCE UPDATES MILESTONES H1 2023 Investors and Analysts Briefing
Slide 13: Continuous Expansion of Landbank to Hectares
Continuous Expansion of Landbank to 113 Hectares with New Expansion Site in General Santos 23% LANDBANK (IN SQ.M) 1% 1% 2% 15% CEBU BOHOL MACTAN PALAWAN 13% BUTUAN CAGAYAN DE ORO 1% 27% DAVAO 19% GENERAL SANTOS ₱10 Bn 21 Ha 1% LAND VALUE PURCHASED Palawan JV Cebu Vertical Horizontal Visayas 100 Ha 1
Slide 14: Spent ₱5 Bn in Capital Expenditures
Spent ₱5 Bn in Capital Expenditures Mainly for Property Development CAPITAL EXPENDITURE CAPEX SPENDING (₱ IN MILLIONS) ● Lot Acquisition ● Investment Property ● Residential Development ● Others
Slide 15: Business Portfolio
Business Portfolio as of H1 2023 86 RESIDENTIAL 6 OFFICES 10 HOTELS 10 MIXED-USE 3 TOWNSHIPS
Slide 16: Real Estate Sales
REAL ESTATE SALES Continues to make up majority of CLI’s portfolio as the Company addresses demand for quality-built, cost-effective, value-for-money housing and well-planned communities. 22% ↑ ₱9 billion real estate sales revenue 90% Sold out units across all stages ₱13.5 Bn Project Sales value laun
Slide 17: Real Estate Sales
REAL ESTATE SALES TOTAL RECENT CONSTRUCTION IN COMPLETED PORTFOLIO LAUNCHES* PROGRESS NO. OF PROJECTS 90 22 33 35 TOTAL UNITS 36,913 7,593 17,735 11,585 TOTAL PROJECT VALUE ₱122.62 Bn ₱33.83 Bn ₱62.07 Bn ₱26.72 Bn LAND AREA 208.12 Ha 26.84 Ha 86.72 Ha 94.55 Ha % SOLD 90% 71% 94% 98% UNITS SOLD 33,35
Slide 18: Real Estate Sales: Recent Launches
CMT Palawan Ph1, Calle 104 sold out in a 85% sold in less Real Estate Sales record of 3 days than 1 week 2.4Bn Recent Launches 22 RECENTLY LAUNCHED PROJECTS WITH 26.84 HECTARES, CASA MIRA TOWERS PALAWAN PH 1 AUG 2022 CASA MIRA HOMES DAVAO JUNE 2023 7,593 UNITS WORTH ₱33.83 Bn SALES VALUE AS OF H1 20
Slide 19: Real Estate Sales: Construction in Progress
Real Estate Sales Construction in Progress MESAVIRRE GARDEN RESIDENCES C (BACOLOD) CASA MIRA HOMES ORMOC - APR 2021 ₱1 BILLION | 336 UNITS | 92% SOLD ₱1.9 BILLION | 685 UNITS | 99% SOLD 33 PROJECTS IN PROGRESS WITH 86.72 HECTARES, 17,735 UNITS WORTH ₱62.07 Bn SALES VALUE AS OF H1 2023, 94% SOLD 16,6
Slide 20: Real Estate Sales: Completed Projects
Real Estate Sales Completed Projects BASE LINE PREMIER (CEBU CITY) MESAVERTE RESIDENCES T1-T3 (CDO) ₱1.7 Bn | 351 UNITS | 100% SOLD ₱2.0 Bn | 798 UNITS | 99% SOLD 35 COMPLETED PROJECTS WITH 94.55 HECTARES, 11,585 UNITS WORTH ₱26.72 Bn SALES VALUE AS OF H1 2023, Cebu 98% SOLD 11,328 UNITS WORTH ₱25.0
Slide 21: Office and Retail Projects
OFFICE AND RETAIL PROJECTS Expansion of recurring revenue through strong pipeline of leasing projects – office buildings and commercial spaces to compliment its residential segment. 30KSQM in GLA completed 200KSQM in GLA the next 5 years 41% ↑ Revenue from leasing growth 47.0KSQM in GLA under construc
Slide 22: Office and Retail Projects
Office and Retail Projects PREMIUM LEASING PARTNERS IN NEWLY COMPLETED 38 PARK AVENUE GROSS LEASABLE AREA (IN SQM) +100% +60% +2% THE PARK @ 38 PARK AVENUE 921 GLA |100% LEASED OUT | ON-GOING FITOUTS GROWING ROSTER OF NOTABLE TENANTS PATRIA DE CEBU ASTRA LIFESTYLE MALL CEBU 21,000 GFA | 182 HOTEL ROO
Slide 23: First 5-Star BERDE Certified Commercial Building in Cebu
First 5-Star BERDE Certified Commercial Building in Cebu 5-STAR BERDE CERTIFIED for SUSTAINABLE DESIGN and CONSTRUCTION Sustainable features include: ● LED lighting ● High-performance building envelope ● Operable windows for natural ventilation ● Rainwater collection system ● Stub-outs for fresh air
Slide 24: Hotel and Recreational Development
HOTEL AND RECREATIONAL DEVELOPMENT Portfolio of hotels, co-living spaces and resorts, some of which are managed by well-known hotel management companies. 180 Rooms completed 1,542 Room keys under construction 10 Projects in portfolio 74% ↑ Hospitality revenue growth H1 2023 Investors and Analysts Br
Slide 25: Hotel and Recreational Development
Hotel and Recreational Development PROMISING MASSIVE GROWTH OF HOTEL PORTFOLIO HOSPITALITY PROJECTS UNDER CONSTRUCTION TO BOOST UP RECURRING INCOME PORTFOLIO IN BALAMBAN IN MACTAN, IN ASTRA CEBU CEBU CENTRE, CEBU 13 Villas 125 Rooms 144 Rooms 20 rooms To be completed To be completed To be completed
Slide 26: Mixed-Use and Townships
MIXED-USE AND TOWNSHIPS Strengthening its township ventures and large scale developments in prime urban locations within the region. 135+ Hectares of land for development 3 Existing planned sites 8 Mixed-use projects in portfolio 4KSQM Expected GLA from completed Phase 1 in Davao Global Township (DG
Slide 27: Davao Global Township
DAVAO GLOBAL TOWNSHIP | 22 HECTARES | 100% LAND DEVELOPMENT Phase 1 includes 6 residential towers, 4.7 hectares of commercial lot, Central Park, Drive Thru, City Center & Pavillon
Slide 28: Officially opened Davao Global Township
Officially opened Davao Global Township 33-billion township positioned to become a global business district in Davao City H1 2023 Investors and Analysts Briefing
Slide 29: Significant Milestones
01 02 03 FINANCIAL BUSINESS SIGNIFICANT PERFORMANCE UPDATES MILESTONES H1 2023 Investors and Analysts Briefing
Slide 30: CLI Breaks Ground on Northern Cebu Project
CLI Breaks Ground on Northern Cebu Project In the process of introducing a new affordable housing development in the area The 6.8-hectare property that sits in the northern city of Danao in Metro Cebu has been remarkable, with 595 of its housing units marked at 96%-sold. Expected to generate P1.97 bi
Slide 31: Completed the Topping Off Ceremony of Tipolo Residences
Completed the Topping Off Ceremony of Tipolo Residences Undergoing BERDE certification with target turnover in Q4 2023 Tipolo Residences Building 2 is undergoing BERDE Certification for the integration of Target turnover in Q4 2023 energy efficient construction practices, environmentally friendly design
Slide 32: Strengthening VisMin Leadership with H2 2023 Pipeline Projects
Strengthening VisMin Leadership with H2 2023 Pipeline Projects MINDARA RESIDENCES (DAVAO) VELMIRO HEIGHTS DAVAO (MAGTUOD, DAVAO) COSTA MIRA MACTAN T3-T4 (CEBU) ₱2.49 BILLION | 546 UNITS ₱1BILLION | 362 UNITS ₱1.4 BILLION | 460 UNITS THE EAST VILLAGE AT DGT T5-T6 (DAVAO) CASA MIRA SHOUTH 4A SENOR VEL
Slide 33: Awards and Recognition
Awards and Recognition CLI among the Top 10 developers in the Bronze 2023 Stevie Winner for Innovative Philippines by BCI Asia Awards 2023 Achievement in Corporate Social Responsibility H1 2023 Investors and Analysts Briefing
Slide 34: Questions & Answers
Questions & Answers
Slide 35: Integrated Report 2022
——aaeeE—._ =— CEBULANDMASTERS We Build with You in Mind INTEGRATED REPORT 2022 Scan the QR code to view
Slide 36: Thank You!
THANK YOU!
Slide 37: H1 2023 Investors and Analysts Briefing
H1 2023 INVESTORS AND ANALYSTS BRIEFING August 10, 2023 | 2PM www.cebulandmasters.com