Philippine Stock Exchange, Inc. · PSE:PSE

Philippine Stock Exchange — The Philippine Stock Exchange — H1 2017 Earnings Presentation

30 slides from Philippine Stock Exchange's earnings presentation, Aug 2, 2017

  1. Slide 1: SEC Form 17-C Current Report

    Remarks C04787-2017 Pursuant to the relevant provisions of the Memorandum of Understanding By and Between the Philippine Stock Exchange, Inc. and the Securities and Exchange Commission on the Listing of the PSE Shares on the PSE Trading Board, the Commission has caused the immediate posting of the f

  2. Slide 2: PSE Disclosure Form 4-30 - Material Information

    11. Indicate the item numbers reported herein Item 9. Other Events The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by

  3. Slide 3: Cover Sheet

    COVER SHEET LAIN[ol9[2{ole][2[5[5[7 | S.E.C. Registration Number [t[Hle] [Pp [aii eiife[eii[Nve] | | | | Td Td Td Td PL TW TUL Eh [is[tlo[c]kE [TT TT TTTT TTT tT ttt tT tT Tt td (E[X] GuvAINiGfET | | PT TT tT PP ET EP (EIN[c]. | TT TTT TT eet ee tt te | (Company's Full Name) [P[s[el [e[clalzfal,] [a

  4. Slide 4: Securities and Exchange Commission SEC Form 17-C

    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 2, 2017 2. SEC Identification Number: ANO92-002557 3. BIR Tax Identification No.: 002-333-130

  5. Slide 5: Item 9. Other Events

    Item 9. Other Events Please see-attached presentation materials for the analysts’ briefing today, 2 August 2017 at 4:00 p.m. to 5:30 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, t

  6. Slide 6: First Half 2017 PSE Analysts' Briefing

    First Half 2017 PSE Analysts’ Briefing August 2, 2017 RAMON S. MONZON President & CEO

  7. Slide 7: Outline

    Outline  Stock Market Highlights  PSE Strategy and Initiatives

  8. Slide 8: Stock Market Highlights

    Stock Market Highlights

  9. Slide 9: Stock Market Performance

    Stock Market Performance PSEi 2016 to Present 8,500 8,000 7,500 7,000 6,500 6,000 5,500 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17  Resilient economic growth  Investor optimism on  Robust corporate earnings structural reform 31 July 2017 17.2% 8,018.05 points YOY

  10. Slide 10: Stock Market Indicators

    Stock Market Indicators TOTAL MCAP AVE. DAILY VALUE 16.2% YTD 1.7% YOY P16.78 trillion P7.94 billion 2016: P14.44 trillion 2016: P7.80 billion 5YR CAGR: 10.7% 31 July 2017 5YR CAGR: 10.7% DOMESTIC MCAP NET FOREIGN BUYING 16.3% YTD P24.46 billion (Jan-Jul 17) P13.81 trillion 2016: P51.50 billion 2016

  11. Slide 11: Capital Raising Activities

    Capital Raising Activities as of July 31, 2017 Capital Raised, in PHP billion *Total Offerings, in PHP billion 228.33 227.25 219.07 175.07 184.60 176.80 177.02 184.96 162.19 153.08 109.45 111.32 2012 2013 2014 2015 2016 2017 2012 2013 2014 2015 2016 2017 IPO FOO Private Placement Stock Rights Offeri

  12. Slide 12: PSE Strategy

    PSE Strategy New and Enhanced Products and Services WORLD-CLASS PSE Expanding Technology and People the Investor Base Capacity-Building

  13. Slide 13: Dollar Denominated Securities

    Dollar Denominated Securities  Securities traded and settled in US dollars  Rules approved on 10 Nov 2016  11 eligible brokers as of July 18, 2017  First Listing: April 7, 2017 (DMPA1) DMPA1 Transaction Summary (as of July 31, 2017) No. of Trades1 96 To hold discussions with listed companies wit

  14. Slide 14: Upcoming New Products and Services

    Upcoming New Products and Services SHORT SELLING STRUCTURED WARRANTS Background Background  Short selling is any sale of a  A structured warrant is a leveraged security that will be settled by the financial instrument which derives delivery of a borrowed security. its value from an underlying  Al

  15. Slide 15: Upcoming New Products and Services

    Upcoming New Products and Services SME LISTING PROGRAM (ASPIRE PSE)  A handholding program to introduce and encourage qualified companies to list at the PSE  PSE to partner with business organizations, incubators and accelerators  Inform and Educate  Introduce  Listing ENHANCED LSI PROGRAM  Pr

  16. Slide 16: Infrastructure Upgrades

    Infrastructure Upgrades NEW CLEARING AND SETTLEMENT SYSTEM NEW FRONT-END SYSTEM TRANSFER TO NEW BUILDING AT BGC

  17. Slide 17: Capital Markets Integration

    Capital Markets Integration PDS Group Financial Performance Benefits Cost synergies in P million 2014 2015 2016 Additional products and Total Revenues 863.63 877.76 881.87 services Net Income 207.35 211.78 246.82 Enhanced risk management PSE offering of up to 11.5 million new shares Part of complian

  18. Slide 18: 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

  19. Slide 19: First Half 2017 Financial Report

    First Half 2017 Financial Report PSE Analysts’ Briefing August 2, 2017 OMELITA J. TIANGCO Treasurer

  20. Slide 20: Consolidated Financial Performance

    Consolidated Financial Performance 1H 2017 1H 2016 Change Operating Revenues (in million Php) 662.53 560.81 18% Total Expenses (in million Php) 301.21 271.66 11% EBITDA (in million Php) 408.01 335.46 22% Other Income (in million Php) 77.54 156.41 50% Net Income After Tax (in million Php) 345.15 372.

  21. Slide 21: Operating Revenues

    Operating Revenues in thousands Php 1H 2017 1H 2016 Change % Listing-related income 297,563 216,966 80,597 37% Trading-related income 163,749 145,907 17,842 12% SCCP service fees 177,480 166,381 11,099 7% Other income 23,737 31,553 (7,816) -25% 662,529 560,807 101,722 18% Other income 3% SCCP Listin

  22. Slide 22: Operating Revenues

    Operating Revenues in thousands Php 1H 2017 1H 2016 Change % Listing-related income 297,563 216,965 80,598 37% Listing fees 174,986 99,385 75,601 76% Listing maintenance fees 122,057 117,240 4,817 4% Processing fees 520 340 180 53% 1H 2017 1H 2016 Nature Fees Nature Fees Stock rights offering 75,000

  23. Slide 23: Operating Revenues

    Operating Revenues in thousands Php 1H 2017 1H 2016 Change % Trading-related income 163,749 145,908 17,841 12% Transaction fees 99,389 93,174 6,215 7% Data Feed 41,789 38,425 3,364 9% Subscription fees 22,571 14,309 8,262 58% Total Turnover Value (In Billion PhP) 1,000.00 993.89 Block 950.00 931.74

  24. Slide 24: SCCP Revenues

    SCCP Revenues in thousands P hp 1H 2017 1H 2016 Change % Change SCCP service fees 177,480 166,381 11,099 7% Consolidated Operating Revenues Consolidated Net Income CMIC, 0% CMIC, 0% SCCP, 27% SCCP, 36% PSE, 73% PSE, 64%

  25. Slide 25: Other Income

    Other Income in thousands Php 1H 2017 1H 2016 Change % Change Interest & other investment income 53,794 76,498 (22,704) -30% Income from donation - 57,708 (57,708) -100% Equity in PDSH 23,749 22,365 1,384 6% Others - (159) 159 -100% 77,543 156,412 (78,868) -50% Equity Funds Net realized income ₱23.7

  26. Slide 26: Total Expenses

    Total Expenses in thousands Php 1H 2017 1H 2016 Change % Compensation & other related staff costs 136,848 109,016 27,832 26% Depreciation and Amortization 46,693 46,472 221 0% Repairs and Maintenance 39,916 38,788 1,129 3% Occupancy costs 27,074 25,613 1,461 6% Professional fees 24,883 26,738 (1,854

  27. Slide 27: Total Assets

    Total Assets in million Php 1H 2017 1H 2016 Change % Cash & cash equivalents 711 408 303 74% Other current assets 186 139 48 34% Investments 1,232 1,456 -224 -15% Property & equipment 1,255 384 871 227% Other non-current assets 109 788 -678 -86% Total 3,494 3,176 318 10% Other non- current assets, 3

  28. Slide 28: Investments

    Investments in million Php 1H 2017 1H 2016 Change % Fixed income securities 529 584 -55 -9% Investment in PDSH 400 349 51 15% Equity funds 303 523 -220 -42% Total 1,232 1,456 -224 -15% Equity funds 25% Fixed income securities 43% Investment in PDSH 32%

  29. Slide 29: Fundamentals

    Fundamentals 1H 2017 1H 2016 Current Ratio 1.93:1 2.34:1 Book Value per Share ₱38.85 ₱36.96 Earnings per Share ₱4.70 ₱5.08 Market Value per Share ₱243.60 ₱264 Price-Earnings Ratio (TTM) 26.52 28.13 Price to Book 6.27 6.43 Return on Equity 12% 14%

  30. Slide 30: 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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