Philippine Stock Exchange, Inc. · PSE:PSE

Philippine Stock Exchange — The Philippine Stock Exchange — H1 2016 Earnings Presentation

34 slides from Philippine Stock Exchange's earnings presentation, Aug 15, 2016

  1. Slide 1: SEC Form 17-C Cover Sheet

    COVER SHEET LAIN/o/9[2/o[o[2[5]5[7 | S.E.C, Registration Number [T] HY E | ip [H[i[tir[PlP|rinee] [| [| | TT TT) Pee | [s|tiolc}]K] | [| a [E[ x] CH] A] N[ G/E| LittTitTtT Titi?) Te tt Prt) Uu[Nfe}.] | PT ee Pet PP PEP tT ttt et et Te | (Company’s Full Name) [p[sie] [piejajzjal, | Talyfa[eyal [t[R[

  2. Slide 2: SEC Form 17-C Current Report

    SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER Date of Report (Date of earliest event reported): © August 15, 2016 2. SEC identification Number: ANO092-002557 3, BIR Tax Identification No.: 002-333-13

  3. Slide 3: Item 9. Other Events

    Item 9. Other Events Please see attached presentation materials for the analysts’ briefing today, 15 August 2016 at 3:00 p.m. at the PSE Ayala Boardroom, 3/F PSE Plaza, Ayala Triangle, Ayala Avenue, Makati City. SIGNATURES Pursuant to the requirements of the Securities Regulation Code, the Issuer ha

  4. Slide 4: 1H16 PSE Analysts' Briefing

    1H16 PSE Analysts’ Briefing August 15, 2016 HANS B. SICAT President and Chief Executive Officer

  5. Slide 5: Presentation Outline

    Presentation Outline  Economic Snapshot  Stock Market Highlights  PSE Strategy and Initiatives The Philippine Stock Exchange, Inc.

  6. Slide 6: Economic Snapshot

    Economic Snapshot A bright outlook anchored on sound and intact economic fundamentals 6.9% GDP Growth in 1Q16 6.0% GDP IMF/ADB Projection for 2016 In 1Q16, PH economy outperformed CHN’s for the first time in 27 years Financial markets more volatile than the real market 47th WEF Competitiveness Conti

  7. Slide 7: Stock Market Performance

    Stock Market Performance 8,500 PSEi 6-YR CAGR: 14.7% 8,000 7,500 year-on-year growth 7,000 6,500 6,000 2009 63% 5,500 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 2010 38% 7,955.86 points 2011 4% 2012 33% up by 14.4% as of 12 August 2016 1% 2013 all time high 23% 8,127.48 points 2014 on 10 April

  8. Slide 8: PSEi vs. Select Asian Indices

    PSEi vs. Select Asian Indices PSEi Performance vs Select Asian PSEi Performance vs Select Asian Indices, Indices, 2010 to 2015 as of August 12, 2016 86.1% Nikkei 20.5% SET 78.9% SzSE 17.1% JCI 72.2% Topix 14.4% PSEi 65.5% PSEi 13.2% VNI 29.5% Nifty 9.7% Taiex 27.3% Sensex 9.1% Nifty 26.0% ShSE 7.8%

  9. Slide 9: Stock Market Indicators

    Stock Market Indicators as of 12 August 2016 TOTAL DOMESTIC AVERAGE NET FOREIGN MARKET CAP MARKET CAP DAILY VALUE BUYING up by up by down by 13.7% 18.8% 11.8% P61.57 YTD YTD YTD Billion (USD1.31 bn) P15.32 trillion P13.29 trillion P7.90 billion (USD327.73 bn) (USD284.42 bn) (USD168.45 mn) 5-YR CAGR:

  10. Slide 10: Capital Raising Activities

    Capital Raising Activities Total Capital Raised in PhP Billion (USD Billion) 250.00 219.07 (5.19) 175.07 184.60 200.00 (4.12) (3.91) 153.08 (3.45) 150.00 107.50 105.00 (2.48) (2.34) 90.97 100.00 (1.94) 50.00 20.6% 18.4% - 2011 2012 2013 2014 2015 Aug 12, 2015 Aug 12, 2016 IPO (Primary Offerings) FOO

  11. Slide 11: Initial Public Offerings

    Initial Public Offerings Cemex Holdings Golden Haven Memorial Park Philippines, Inc. Description of Business Cemetery/memorial park operator Cement manufacturing firm Listing Date 29 June 2016 18 July 2016 P778.24 million P25.13 billion* Capital Raised (US$16.54 million) (US$536.14 million) P7.77 bi

  12. Slide 12: Stock Market Investor Profile 2015

    Stock Market Investor Profile 2015 Total Number of Stock Market Accounts 800,000 712,549 640,665 7.4% 700,000 FIVE-YEAR CAGR 600,000 TOTAL MARKET ACCOUNTS 498,838 500,000 43.4% 400,000 INCREASE 300,000 FROM 2010 to 2015 11.2% 200,000 100,000 0 2010 2014 2015 32.7% RATIO OF ACTIVE TO TOTAL ACCOUNTS T

  13. Slide 13: PSE Strategy

    PSE Strategy New and Enhanced Products and Services WORLD-CLASS PSE Expanding Technology and People the Investor Base Capacity-Building The Philippine Stock Exchange, Inc.

  14. Slide 14: Dollar Denominated Securities (DDS)

    Dollar Denominated Securities (DDS) OBJECTIVES KEY FEATURES To provide issuers the flexibility to meet Listing and Trading their capitalization requirements  Issuer must be a listed company To create an alternative investment  Investors and brokers must have instrument for investors with USD depos

  15. Slide 15: Proposed Listing and Disclosure Rules for PPP Firms

    Proposed Listing and Disclosure Rules for PPP Firms Highlights OBJECTIVES  Corporation awarded with a national project To create listing and disclosure rules  Allowed to list without compliance to the allowing PPP firms with no operating three-year Track Record and Operating History history to lis

  16. Slide 16: Raising Market Awareness

    Raising Market Awareness Stock Market 101 IPO Kiosks for Local Webinars Small Investors SIX webinars held so far this year Promoting market inclusivity by encouraging the participation of local small retail investors in IPOs 490 TWO regular PSE-sponsored IPO Kiosks for LSIs average no. of participan

  17. Slide 17: Capital Markets Integration

    Capital Markets Integration Continued pursuit of the integration of the Philippine equities and bond markets Consolidation of products and services platforms Vertical integration of equity trading framework Enhanced industry risk management processes and expertise Improved competitiveness in the reg

  18. Slide 18: Capital Markets Outlook and Expectations

    Capital Markets Outlook and Expectations BSP to maintain its autonomy and monetary policies to remain PSE to continue advocacy for the  development of the local capital market independent The Exchange will continue to pursue initiatives that will help make our market be more Support from policymake

  19. Slide 19: Upcoming Initiatives

    Upcoming Initiatives NEW AND ENHANCED EXPANDING Technology and People Products & Services the Investor Base CAPACITY-BUILDING  PSE Rules for  New PSE Website  New Data Center Build Structured Warrants  Social Media Campaign  New Building  New Market Data  New PSE Listing  New Clearing and Pr

  20. Slide 20: We Are Ready for Bigger Milestones

    WE ARE READY FOR BIGGER MILESTONES ENHANCING ACHIEVING MODERNIZING EXPERTISE EXCELLENCE INFRASTRUCTURE FORTIFYING LEVERAGING BROADENING GOVERNANCE TECHNOLOGY REACH The Philippine Stock Exchange, Inc.

  21. Slide 21: Thank you!

    Thank you! Please follow us on: Download: @PhStockExchange PSE EDGE Mobile App Visit: The Philippine Stock Exchange, Inc. PSE Academy www.pseacademy.com.ph © The Philippine Stock Exchange, Inc. (PSE). All rights reserved. This document is a property of the PSE and cannot be used or reproduced, distr

  22. Slide 22: Financial Report 1st Half 2016

    FINANCIAL REPORT 1st Half 2016 Omelita J. Tiangco Treasurer 15 August 2016

  23. Slide 23: Consolidated Financial Performance

    Consolidated Financial Performance 2016 2015 Change Net Income After Tax (in million Php) 372.70 366.84 2% Operating Revenues (in million Php) 560.81 651.54 14% Total Expenses (in million Php) 271.66 296.09 8% Other Income (in million Php) 156.41 110.51 42% The Philippine Stock Exchange, Inc.

  24. Slide 24: Operating Revenues

    Operating Revenues 2016 2015 Change % Change Listing-related income 216,966 253,321 (36,356) -14% Trading-related income 145,907 164,281 (18,374) -11% SCCP service fees 166,381 213,423 (47,042) -22% Other income 31,553 20,518 11,035 54% 560,807 651,544 (90,737) -14% Other income 6% SCCP service fees

  25. Slide 25: Operating Revenues: Listing-related income

    Operating Revenues 2016 2015 Change % Listing-related income 216,966 253,321 (36,356) -14% Listing fees 99,385 134,125 (34,740) -26% Listing maintenance fees 117,240 118,426 (1,186) -1% Processing fees 340 770 (430) -56% 2016 2015 Nature Fees Nature Fees Private Placements 41,370 Private Placements

  26. Slide 26: Operating Revenues: Trading-related income

    Operating Revenues 2016 2015 Change % Trading-related income 145,907 164,281 (18,375) -11% Transaction fees & block sales 93,174 119,508 (26,334) -22% Market data revenue 38,425 33,071 5,353 16% Subscription fees 14,309 11,702 2,607 22% Total Turnover Value (In Billion PhP) ₱ 70 B Block sales, 1,400

  27. Slide 27: Trading Data

    Trading Data 2016 2015 Average Average Average Average Total For the Daily Total For the Daily Cumulative Month Value Turnover Month (YTD) Value Turnover Month (YTD) Change Jan 115.91 5.80 5.80 221.52 12.31 12.31 -48% Feb 127.14 6.69 6.23 206.55 10.87 11.57 -43% Mar 164.01 7.81 6.78 213.51 9.70 10.8

  28. Slide 28: SCCP Operating Revenues

    SCCP Operating Revenues 2016 2015 Change % Change SCCP service fees 166,381 213,423 (47,042) -22% Other income 3,718 31 3,687 11894% 170,099 213,454 (43,355) -20% CMIC CMIC 1% 1% SCCP 33% SCCP 43% PSE PSE 56% 66% Consolidated Operating Revenues Consolidated Net Income The Philippine Stock Exchange,

  29. Slide 29: Other Income

    Other Income 2016 2015 Change % Change Interest & other investment income 76,339 42,379 33,960 80% Income from donation 57,708 57,708 Share in net income of an associate 22,365 26,498 (4,133) -16% Gain on sale of CWDC shares 41,635 (41,635) -100% 156,412 110,512 45,900 42% Equity Funds Net realized

  30. Slide 30: Total Expenses

    Total Expenses 2016 2015 Change % Compensation & other related staff costs 109,017 108,013 1,004 1% Depreciation 46,472 70,831 (24,359) -34% Maintenance and insurance 40,319 27,892 12,427 45% Professional fees 26,738 26,655 83 0% Occupancy costs 25,613 24,913 700 3% Other expenses 23,501 37,786 (14,

  31. Slide 31: Total Assets

    Total Assets (in Million ₱) 2016 2015 Change % Cash & cash equivalents 408 557 -148 -27% Other current assets 219 229 -10 -4% Investments 1,456 1,668 -211 -13% Property & equipment 384 441 -57 -13% Other non-current assets 714 112 602 536% Total 3,182 3,007 175 6% Cash & cash Other non- equivalents

  32. Slide 32: Investments

    Investments Amount (in Million P) % Fixed income securities 584 40% Equity funds 523 36% Investment in PDSH 349 24% Total 1,456 100% The Philippine Stock Exchange, Inc.

  33. Slide 33: Fundamentals (for the period ending June 30)

    Fundamentals (for the period ending June 30) 2016 2015 Current Ratio 2.52:1 3.13: 1 Book Value per Share ₱36.95 ₱34.32 Earnings per Share (EPS) ₱5.08 ₱5.00 Market Value per Share ₱264 ₱305.60 Price-Earnings Ratio (PER) * 28.13 33.75 Price to Book 7.14 8.90 Return on Equity 14% 15% The Philippine Sto

  34. Slide 34: Thank you!

    Thank you! Please follow us on: Download: @PhStockExchange PSE EDGE Mobile App Visit: The Philippine Stock Exchange, Inc. PSE Academy www.pseacademy.com.ph © The Philippine Stock Exchange, Inc. (PSE). All rights reserved. This document is a property of the PSE and cannot be used or reproduced, distr

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