Investor Relations at CIC

Concepcion Industrial Corporation’s listed its initial public offering on November 27, 2013 and the company has focused on an interactive and clear Investor Relations program that encapsulates CIC’s corporate governance policy relating to its shareholders and their rights.

The Investor Relations team of the Company has embarked on bringing the CIC story to our investors, analysts and shareholders through participating in Stock Brokerage firm-organized Investor Forums and conferences in the Philippines and abroad including non-deal roadshows and country/region-specific events. We have also engaged the investing public through various channels which including, but are not limited to, quarterly company update briefings, conference calls, electronic email distribution, public disclosures on our website and through the Philippine Stock Exchange EDGE and Securities and Exchange Commission.

Stock Information

Company Identifiers

PSE

CIC

Bloomberg

CIC.PM

Reuters

CIC.PS

Issue Type

Common

Listing Date

27-Nov-13

Board Lot

100

Outstanding Shares

405,505,191

Listed Shares

407,263,891

Listed Shares

407,263,891

Foreign Ownership Limit

N/A

Investor Relations at CIC

Concepcion Industrial Corporation’s listed its initial public offering on November 27, 2013 and the company has focused on an interactive and clear Investor Relations program that encapsulates CIC’s corporate governance policy relating to its shareholders and their rights.

The Investor Relations team of the Company has embarked on bringing the CIC story to our investors, analysts and shareholders through participating in Stock Brokerage firm-organized Investor Forums and conferences in the Philippines and abroad including non-deal roadshows and country/region-specific events. We have also engaged the investing public through various channels which including, but are not limited to, quarterly company update briefings, conference calls, electronic email distribution, public disclosures on our website and through the Philippine Stock Exchange EDGE and Securities and Exchange Commission.

Stock Information

Company Identifiers

PSE

CIC

Bloomberg

CIC.PM

Reuters

CIC.PS

Issue Type

Common

Listing Date

27-Nov-13

Board Lot

100

Outstanding Shares

405,505,191

Listed Shares

407,263,891

Listed Shares

407,263,891

Foreign Ownership Limit

N/A

Financial Highlights

Financial Highlights

The consolidated results of operations of CIC for the year ended December 31, 2018 was affected by short-term volatility in the consumer segment (particularly consumer air-conditioning and refrigeration) caused by extremely rainy weather, depreciation of the peso, rise in inflation rate and overall drop in both consumer and business confidence levels resulting in year on year decline in demand for durables.

2020 Financial Highlights

Q3 2020

Q3 2019

VPY%

YTD 2020

YTD 2019

VPY%

Net Sales (with
CMIP)

3,740

3,750

0%

8,993

12,281

-27%

Net Sales

3,053

3,168

-4%

7,490

10,938

-32%

Gross Profit

1,133

1,154

-2%

2,643

3,961

-33%

Actual Gross
Margin(%)

37.1%

36.4%

0.7 pts

35.3%

36.2%

(0.9) pts

OPEX

-755

-834

10%
lower

-2,174

-2,518

14% lower

% of sales

24.7%

26.3%

1.6 pts

29.0%

23.0%

(6.0) pts

Profit Before Tax

438

340

29%

520

1,488

-65%

Return of Sales
(%)

14.5%

11.0%

3.5 pts

7.2%

13.8%

(6.6) pts

Profit After Tax

307

230

33%

308

1,013

-70%

PAT%

10.0%

7.3%

2.8%

4.1%

9.3%

(5.1) pts

Net Income

Attributable to

Shareholders

232

156

49%

196

642

-69%

2019 Financial Highlights

2016

2017

2018

2019

GROWTH

2018 vs 2019

Net Sales

12,342

13,859

14,202

15,066

6.1%

Gross Profit

Gross Margin (%)

4,388

35.6

4,797

34.6

5,802

35.8

5,383

35.7

5.9%

(0.1) pts

OPEX

% of sales

(2,344)

(19.0)

(2,942)

(18.2)

(2,526)

(20.7)

(3,411)

(22.6)

15.9%

(1.9) pts

Profit Before Tax

Return on Sales (%)

2,065

16.7

2,251

16.2

2,142

15.1

2,081

13.6

(5.6)%

(1.7) pts

Profit After Tax

PAT%

1,401

11.3

1,528

11.0

1,457

10.3

1,429

9.5%

(4.64%)

(0.8) pts

Net Income Attributable to Shareholders

PATAMI (%)

912

7.4

987

7.1

913

6.4

913

3.7%

Return on Average Equity (%)

Return on Average Assets (%)

25.8

16.8

23.8

15.9

19.5

13.7 pts

18.6

12.3 pts

(0.9) pts

(1.4) pts

Earnings per Share

# of outstanding shares

2.70

338,233

2.43

405,880

2.25

405,505

2.3

403,219

4.3%

Earnings per Share (at constant # of shares of 405,880 shares)

2.25

2.43

2.25

Debt to Equity Ratio

Asset to equity Ratio

Current Ratio

Book Value per Share

0.64

1.64

2.22

11.35

0.66

1.66

2.23

11.02

0.63

1.63

2.28

12.05

0.7

1.7

2.5

13.0

2018 Financial Highlights

2014

2015

2016

2017

2018

GROWTH

2017 vs 2018

Net Sales

9,175

10,594

12,342

13,859

14,202

2.47%

Gross Profit

Gross Margin (%)

3,060

33.3

3,365

31.8

4,388

35.6

4,797

34.6

5,082

35.8

5.95%

1.2 pts

OPEX

% of sales

(1,543)

(16.8)

(1,784)

(16.8)

(2,344)

(19.0)

(2,526)

(18.2)

(2,942)

(20.7)

16.45%

2.5 pts

Profit Before Tax

Return on Sales (%)

1,569

17.1

1,621

15.3

2,065

16.7

2,251

16.2

2,142

15.1

(4.82%)

(1.1) pts

Profit After Tax

PAT%

1,056

11.5

1,097

10.4

1,401

11.3

1,528

11.0

1,457

10.3

(4.64%)

(0.8) pts

Net Income Attributable to Shareholders

PATAMI (%)

637

6.9

667

6.3

912

7.4

987

7.1

913

6.4

(7.49%)

(0.7) pts

Return on Average Equity (%)

Return on Average Assets (%)

25.2

17.1

22.3

14.3

25.8

16.8

23.8

15.9

19.5

13.7 pts

(4.3) pts

(2.2) pts

Earnings per Share

# of outstanding shares

1.88

339,617

1.97

339,617

2.70

338,233

2.43

405,880

2.25

405,505

(7.41%)

Earnings per Share (at constant # of shares of 405,880 shares)

1.88

1.65

2.25

2.43

2.25

(7.49%)

Debt to Equity Ratio

Asset to equity Ratio

Current Ratio

Book Value per Share

0.94

1.94

1.71

8.13

0.73

1.73

1.99

9.48

0.64

1.64

2.22

11.35

0.66

1.66

2.23

11.02

0.63

1.63

2.28

12.05

2017 Financial Highlights

2013

2014

2015

2016

2017

GROWTH

2016 vs 2017

Net Sales

7,588

9,175

10,594

12,342

13,859

12.29%

Gross Profit

Gross Margin (%)

2,460

32.4

3,060

33.3

3,365

31.8

4,388

35.6

4,797

34.6

9.44%

(0.9) pts

OPEX

% of sales

(1,266)

(16.7)

(1,543)

(16.8)

(1,784)

(16.8)

(2,344)

(19.0)

(2,526)

(18.2)

7.97%

0.7 pts

Profit Before Tax

Return on Sales (%)

1,218

16.0

1,569

17.1

1,621

15.3

2,065

16.7

2,251

16.2

8.75%

(0.5) pts

Profit After Tax

PAT%

841

11.1

1,056

11.5

1,097

10.4

1,401

11.3

1,528

11.0

8.58%

(0.4) pts

Net Income Attributable to Shareholders

PATAMI (%)

511

6.7

637

6.9

667

6.3

912

7.4

987

7.1

7.52%

(0.3) pts

Return on Average Equity (%)

Return on Average Assets (%)

28.5

17.0

25.2

17.1

22.3

14.3

25.8

16.8

23.8

15.9

(2.3) %

(1.0) pts

Earnings per Share

# of outstanding shares

1.95

261,244

1.88

339,617

1.97

339,617

2.70

338,233

2.43

405,880

(10.40%)

Earnings per Share (at constant # of shares of 405,880 shares)

1.26

1.88

1.65

2.25

2.43

7.52%

Debt to Equity Ratio

Asset to equity Ratio

Current Ratio

Book Value per Share

1.57

1.57

2.68

6.73

0.94

1.94

1.71

8.13

0.73

1.73

1.99

9.48

0.64

1.64

2.22

11.35

0.66

1.66

2.23

11.02

Overall Company Highlights

Stock Information