Revenue distribution by sectors:

• Shopping centers: 60%
• Residential properties: 25%
• Commercial properties: 10%
• Hotels and convention centers: 5%

TOP 3 markets and their percentage shares:

• Philippines: 85%
• China: 10%
• Other Asian markets: 5%

SM Prime Holdings, Inc. generates the majority of its revenue from operating shopping centers, accounting for approximately 60% of total revenue. This reflects the company's strong presence and success in the retail sector. Residential properties also contribute significantly to revenue at 25%, followed by commercial properties and the hotel and convention business.

Geographically, the Philippine market is by far the most important for SM Prime Holdings, accounting for 85% of revenue. This underscores the company's dominant market position in its home country. China and other Asian markets together contribute 15%, indicating a strategic expansion in the region.

Production Sites: No specific production (as of 2023)

SM Prime Holdings, Inc. is primarily a real estate developer and operator of shopping centers in the Philippines. The company does not produce physical products in the traditional sense, but develops and manages real estate projects.

SM Prime Holdings operates shopping centers, residential properties, office buildings, hotels, and convention centers. The company's main activities are therefore in the areas of construction and real estate management, and not in the production of physical goods.

Revenue Growth: Estimated 8-10% annually (2025)

Expansion Strategy: Focus on provincial development and sustainable projects

SM Prime Holdings, Inc. pursues a strategy aimed at expanding into emerging provincial cities in the Philippines. The company plans to enhance its presence by constructing new shopping centers and residential projects in these areas to benefit from urbanization and economic growth.

Another focus is on integrating sustainability practices into their projects. SM Prime invests in environmentally friendly construction methods and renewable energies to enhance the ecological efficiency of their properties and meet the rising consumer expectations regarding sustainability.

Additionally, the company plans to strengthen its digital platforms to enhance the customer experience and promote online commerce. This strategy is intended to support growth in an increasingly digital market environment.

Main Imported Raw Materials: Steel, Cement, Glass

Countries of Origin:

• Steel: China, Japan
• Cement: Vietnam, Indonesia
• Glass: Malaysia, South Korea

SM Prime Holdings, Inc. imports a variety of raw materials necessary for the construction and maintenance of their real estate projects. Steel is one of the key raw materials and is mainly sourced from China and Japan, as these countries are major producers with competitive prices.

Cement is often imported from Vietnam and Indonesia, as these countries have a strong cement industry and are geographically well located, reducing transportation costs.

Glass is imported from Malaysia and South Korea, as these countries are known for their high-quality glass products used in modern construction projects by SM Prime Holdings.

Market share in the Philippine real estate sector: 20% (estimated, 2025)
Number of shopping centers: 82 (2025)
Average daily visitors: 4 million (2025)

SM Prime Holdings, Inc. has a significant competitive advantage in the Philippine real estate sector, especially in the area of shopping centers. With an estimated market share of 20%, the company is one of the leading players in this sector. The number of shopping centers, which stands at 82 in 2025, demonstrates the company's expansive reach and strong presence in the country.

Another important factor is the high average daily visitor count of 4 million, indicating strong customer loyalty and the high attractiveness of the locations. These factors together give SM Prime Holdings a sustainable competitive advantage over other market participants.

Additionally, the company benefits from a diversified business structure that includes not only shopping centers but also residential, office, and hotel projects. This provides a stable source of income and reduces the risk associated with dependence on a single market segment.

Institutional Investor Share: approximately 50% (estimated, based on 2023 data)

Insider Purchases/Sales: No significant transactions known (2024)

The institutional investor share in SM Prime Holdings, Inc. is estimated to be around 50%. This estimate is based on the latest available data from 2023, as current figures for 2025 are not available. Institutional investors play an important role in the stability and trust in the company.

Regarding insider transactions, no significant purchases or sales are known in 2024. This suggests that the management and other insiders are currently not making significant changes to their holdings, which could indicate a stable confidence in the company's future development.

Market share of SM Prime Holdings, Inc.: Estimate 25% (2025)

Main competitors and their market shares:

1. Ayala Land, Inc.: Estimate 20%
2. Robinsons Land Corporation: Estimate 15%
3. Megaworld Corporation: Estimate 12%
4. Filinvest Land, Inc.: Estimate 10%
5. Vista Land & Lifescapes, Inc.: Estimate 8%

Moat of SM Prime Holdings, Inc.:

SM Prime Holdings, Inc. has a significant moat characterized by its comprehensive market presence and diversified portfolio. The company benefits from its strong brand recognition and the strategic locations of its shopping centers and real estate projects situated in the key urban areas of the Philippines.

The moat is further strengthened by the vertical integration within the SM Group, creating synergies between retail, banking, and real estate. These synergies provide a competitive advantage that many competitors cannot replicate to the same extent.

Compared to competitors, SM Prime Holdings has a stronger capital base and investment capacity, enabling the company to expand on a large scale and develop new projects. This represents a significant advantage, especially in a highly competitive market.

However, competitors like Ayala Land and Robinsons Land also have strong moats based on their own brand strength, innovation capabilities, and specific market segments. Ayala Land is known for its sustainable developments and integrated communities, while Robinsons Land excels through its diversification in various real estate sectors.

Overall, SM Prime Holdings possesses a significant moat that allows the company to maintain its leading position in the market. Nevertheless, competition remains intense, and competitors also leverage their own strengths to gain market share.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Market Share in the Retail Sector: 22% (2024)

SM Prime Holdings, Inc. achieved a revenue growth of 8.5% in 2024, driven by strong demand in the retail and real estate sectors. Profit growth reached 10.2%, indicating efficiency improvements and cost reductions.

The company holds a significant market share of 22% in the Philippine retail sector, highlighting its leading position in this market segment. This market position provides a solid foundation for future growth and stability.

In addition, SM Prime Holdings is continuously investing in the expansion and modernization of its real estate projects, which could have long-term positive effects on profitability. Given these factors, the stock could present an attractive investment opportunity for investors interested in a stable and growth-oriented company.

Dividend Yield: 1.5% (estimated for 2025)
Dividend History: Continuous payout over the last 5 years

SM Prime Holdings, Inc. has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield for 2025 is around 1.5%. This continuity demonstrates the company's commitment to providing shareholders with a stable return.

The reliability of the distribution is supported by SM Prime Holdings' strong market position and its ability to generate stable income. This is further reinforced by their diversification in various real estate segments and geographic markets.