Cebu Landmasters, Inc. · PSE:CLI
Cebu Landmasters — Q1 2021 Earnings Presentation
28 slides from Cebu Landmasters's earnings presentation, May 17, 2021
Slide 1: Q1 2021 Investors and Analysts Briefing
May 17, 2021 * 10 AM
Slide 2: Key Highlights
KEY HIGHLIGHTS Resumed Net income growth trajectory > 25% YOY growth on Net income to Parent, to P713.8 Mn > 12% YOY growth on Consolidated Net income, to P725.2 Mn Resilient consolidated topline performance, grew 11% YOY to P2.35 Bn with over P21 Bn in unrealized revenue. Sustained growth trend in
Slide 3: Financial Performance, Business Updates, Significant Milestones
01 02 03 FINANCIAL BUSINESS SIGNIFICANT PERFORMANCE UPDATES MILESTONES
Slide 4: Financial Performance
01 02 03 FINANCIAL BUSINESS SIGNIFICANT PERFORMANCE UPDATES MILESTONES
Slide 5: Resumed Net Income Growth Trajectory
RESUMED NET INCOME GROWTH TRAJECTORY 25% INCREASE YEAR ON YEAR REVENUE. OPEX. TAX EXPENSE.
Slide 6: Resilient Topline Performance
RESILIENT TOPLINE PERFORMANCE GREW 11% WITH OVER P21 Bn IN UNREALIZED REVENUE REVENUE (MARKET) REVENUE +4% +32% 21,089 20,339 FY 2019 FY 2020 Q1 2020 Q1 2021 +20% 15,182 11,818 REVENUE (LOCATION) +26% -2% 8,499 8,299 6,763 +11% 2,107 2,349 FY 2019 FY 2020 Q1 2020 Q1 2021
Slide 7: Sustained Growth Trend in Sales Take-Up
SUSTAINED GROWTH TREND IN SALES TAKE-UP 17% INCREASE, BACKED BY SOLID HOUSING DEMAND BUYERS’ PROFILE: NATIONALITY: RESERVATION SALES (MARKET) RESERVATION SALES 14,248 12,676 FY 2019 FY 2020 Q1 2020 Q1 2021 9,608 RESERVATION SALES (LOCATION) 3,290 FY 2019 FY 2020 Q1 2020 Q1 2021 ▪
Slide 8: Solid and Healthy Financial Position with PHP 52Bn in Assets
SOLID AND HEALTHY FINANCIAL POSITION WITH PHP 52Bn IN ASSETS TREASURY SHARES CASH DIVIDENDS
Slide 9: Prudent Debt Management
PRUDENT DEBT MANAGEMENT 1.49x NET DEBT TO EQUITY LATEST DEBT MATURITY 5,378 COST OF DEBT & NET D/E 4,923 4,202 4.77% 4.74% 1.49 3,220 2,726 FLOAT AND FIXED 2,290 O/S LOANS AND RATES 1,750 1,294 787 500 157
Slide 10: Spent P1.65 Bn in Capital Expenditures
SPENT P1.65 Bn IN CAPITAL EXPENDITURES MAINLY FOR PROJECT DEVELOPMENT CAPITAL EXPENDITURE CAPEX SPENDING 12,000 Q1 2021
Slide 11: Continuous Land Acquisition for Development
CONTINUOUS LAND ACQUISITION FOR DEVELOPMENT SCHEDULED DURING THE YEAR LANDBANK CURRENTLY PRESENT IN 15 KEY LOCATIONS 1,795,738 1,239,430 8% 3% 2% 100 HAS 1% MINGMORI 915,204 908,959 10% 859,882 4% 10% 2% 2% 795,738 12% 17% 1% 3% 12% 17% 2% 3% 13% 2% 3% 17% 1% 17% 420,278 28% 43% 361,537 1% 27% 57% 6
Slide 12: Business Updates
01 02 03 FINANCIAL BUSINESS SIGNIFICANT PERFORMANCE UPDATES MILESTONES
Slide 13: Project Portfolio: Residential, Offices, Hotels, Mixed-Use, Townships
RESIDENTIAL i Asa SOME ve Premier all yess, ue ® Bx PARAGON a —— PLACE VILLACASITA : BALAMBAN IVESA VETER MiveLA MIVA Mi Mesaiférra MESAVIRRE MESA Midori qj cows CASA MIRA 3ohes OFFICES BASE LINE, HO La Park (Centrale TUDE HOTELS , + RED BEWEsve ASTRAL # mM & Citadines — ,av3S3ER&, PARAGON cebu city
Slide 14: 3 Newly Launched Residential Projects
RESIDENTIAL PORTFOLIO LAUNCHED IN Q1 2021 3 NEWLY LAUNCHED PROJECTS WITH 13 HECTARES AND 1,566 UNITS WORTH P4.9Bn IN SALES VALUE AS OF Q1 2021, 48% SOLD 752 UNITS WORTH P2.5Bn IN VALUE WITH P2.3Bn UNREALIZED REVENUE
Slide 15: 26 Residential Projects in Construction
RESIDENTIAL PORTFOLIO CONSTRUCTION IN PROGRESS 26 RESIDENTIAL ROJECTS IN PROGRESS* WITH 68 HECTARES AND 13,152 UNITS WORTH P45.2Bn IN SALES VALUE AS OF Q1 2021, 87% SOLD 11,456 UNITS WORTH P36.8Bn IN SALES VALUE WITH P17.9Bn UNREALIZED REVENUE *Excluding Projects launched Q1 2021
Slide 16: 27 Completed Projects
RESIDENTIAL PORTFOLIO COMPLETED PROJECTS 27 COMPLETED PROJECTS WITH 71 HECTARES AND 10,218 UNITS WORTH P17.6Bn IN SALES VALUE AS OF Q1 2021, 97% SOLD 9,864 UNITS WORTH P16.8Bn IN SALES VALUE WITH P631 Mn UNREALIZED REVENUE.
Slide 17: Residential Portfolio Summary
RESIDENTIAL TOTAL LAUNCHED IN CONSTRUCTION COMPLETED PORTFOLIO Q1 2021 IN PROGRESS TOTAL UNITS 24,936 1,566 13,152 10,218 TOTAL PROJECT VALUE P67.6 Bn P4.9 Bn P45.2 Bn P17.6 Bn LAND AREA (IN Ha) 152 Ha 13 Ha 68 Ha 71 Ha % SOLD 89% 48% 87% 97% UNITS SOLD 22,072 752 11,456 9,864 TOTAL SALES VALUE P56.
Slide 18: Significant Milestones
01 02 03 FINANCIAL BUSINESS SIGNIFICANT PERFORMANCE UPDATES MILESTONES
Slide 19: Launched 3 Residential Projects Worth P4.9Bn
SIGNIFICANT MILESTONES IN Q1 2021 LAUNCHED 3 RESIDENTIAL PROJECTS WORTH PHP P4.9Bn
Slide 20: Unveiled Masters Tower in Cebu
SIGNIFICANT MILESTONES IN Q1 2021 UNVEILED MASTERS TOWER IN CEBU P4-BILLION MIXED-USE SKYSCRAPER WITH THE FIRST FIVE-STAR LUXURY HOTEL IN CEBU CITY | UP FOR LEED GOLD CERTIFICATION
Slide 21: Started Construction of Patria de Cebu
SIGNIFICANT MILESTONES IN Q1 2021 STARTED CONSTRUCTION OF PATRIA DE CEBU MIXED-USE DEVELOPMENT WITH 21,000 SQM GFA AND 182-ROOM MERCURE IN CEBU DOWNTOWN
Slide 22: Completed for Turnover: Horizontal Projects
SIGNIFICANT MILESTONES IN Q1 2021 COMPLETED FOR TURNOVER | HORIZONTAL PROJECTS
Slide 23: Completed for Turnover: Vertical Projects
SIGNIFICANT MILESTONES IN Q1 2021 COMPLETED FOR TURNOVER | VERTICAL PROJECTS
Slide 24: To Start Development of Phase 1
SIGNIFICANT MILESTONES IN Q1 2021 TO START DEVELOPMENT OF PHASE 1 SITE DEVELOPMENT NEARING 50% COMPLETION
Slide 25: Ventured in New Alliances and Product Lines
SIGNIFICANT MILESTONES IN Q1 2021 VENTURED IN NEW ALLIANCES AND PRODUCT LINES INKED A P360MN JOINT VENTURE FOR A MIXED-USE DEVELOPMENT CO-LIVING SPACES AND SELF STORAGE FACILITY
Slide 26: In Summary
IN SUMMARY ° Resumed Net income growth trajectory > 25% YOY growth on Net income to Parent, to P713.8 Mn > 12% YOY growth on Consolidated Net income, to P725.2 Mn ® Resilient consolidated topline performance, grew 11% to P2.35 Bn with over P21 Bn in unrealized revenue. ® Sustained growth trend in sa
Slide 27: Thank You
Slide 28: May 17, 2021
May 17, 2021 * 10 AM