CENTURY PROPERTIES GROUP, INC.

AND SUBSIDIARIES
 ABOUT THE COMPANY

• Century Properties Group Inc., a publicly-listed

company, was incorporated and registered with the
Philippine Securities and Exchange Commission (SEC)
on May 6, 1975.
• The Parent Company is a 63.59%-owned subsidiary of
Century Properties Inc. are primarily engaged in the
development and construction of residential and
commercial real estate projects.
12/12/2019 2
 ABOUT THE COMPANY

• For the year ended December 31, 2018, the Group’s

affordable housing segment contributed Php.
1,170.46 million of the Group’s real estate revenue.
• The accompanying consolidated financial statements
as at December 31, 2018 and 2017 and for each of the
three years in the period ended December 31, 2018
were approved and authorized for issue by the Board
of Directors (BOD) on March 18, 2019.
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 LIQUIDITY RATIOS

• Liquidity ratios are an important class of financial

metrics used to determine a debtor's ability to pay off
current debt obligations without raising external
capital.
• Liquidity ratios measure a company's ability to pay
debt obligations and its margin of safety through the
calculation of metrics including the current ratio,
quick ratio, and operating cash flow.
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 CURRENT RATIO

•Through the current ratio, the Century

Properties Group Inc. and Subsidiaries
measures the ability of the company to pay
its short-term obligations as they fall due

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 CURRENT RATIO

•Formula:
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝑅𝑎𝑡𝑖𝑜 =
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡𝑠
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠

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 CURRENT RATIO

Summary:
December 2018 December 2017 (Restated)
Current Assets 31,997,110,107 28,251,689,918

Current Liabilities 15,050,236,472 11,224,580,053

Current Ratios 2.1 2.5

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 CURRENT RATIO

• Current ratio for 2017 is 2.5 to 1 while that of 2018 is

2.1 to 1. This means that for 2017, the company has
Php. 2.5 of current assets that can be converted to
cash to pay every peso of current liability while for
2018, the company has Php. 2.1 of current assets to
cover every peso of current liability that will fall due.

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 QUICK RATIO

•Quick Ratio, otherwise known as the

acid test ratio, measures immediate
liquidity with the ability to pay current
liabilities with the most liquid assets.

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 QUICK RATIO

• Formula:

𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡𝑠 − 𝐼𝑛𝑣𝑒𝑛𝑡𝑜𝑟𝑦

𝑄𝑢𝑖𝑐𝑘 𝑅𝑎𝑡𝑖𝑜 =
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠

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 QUICK RATIO
Summary:
December 2018 December 2017 (Restated)
Current Assets 31,997,110,107 28,251,689,918

Inventory 17,257,481,436 15,845,868,208

Quick Assets 14,739,628,671 12,405,821,710

Current Liabilities 15,050,236,472 11,224,580,053

Quick Ratios 1.0 1.1

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 QUICK RATIO

• The quick ratio of Century Properties Group Inc

and subsidiaries is 1.1 to 1 for 2017 and 1.0 to 1
for 2018. This means that for 2017, the company
has Php. 1.1 of quick assets for every Php. 1 of
current liability and Php. 1 of quick assets for
every Php. 1 of current liability for 2018.

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 DEBT RATIO

•Debt Ratio measures the company’s

liabilities as a percentage of total assets.
It measures the extent of total assets
financed by liabilities.

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 DEBT RATIO

• Formula:

𝑇𝑜𝑡𝑎𝑙 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠
𝐷𝑒𝑏𝑡 𝑅𝑎𝑡𝑖𝑜 =
𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠

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 DEBT RATIO

Summary:
December 2018 December 2017 (Restated)
Total Liabilities 31,903,216,270 26,300,029,158

Total Assets 49,366,682,829 42,555,650,621

Debt-to-total-assets ratio 64.6% 61.8%

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 DEBT RATIO

• In 2017, 61.8% of the Century Properties Group

Inc. and Subsidiaries’ assets was already
financed by its creditors. This went slightly
higher in 2018 as the debt ratio is 64.6%. It
means that more than half of the company’s
finances were sourced from its creditors.

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 WORKING CAPITAL

•Working Capital measures the short

term liquidity of the company. This
represents a company's ability to pay its
current liabilities with its current assets.

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 WORKING CAPITAL

• Formula:
𝑊𝑜𝑟𝑘𝑖𝑛𝑔 𝐶𝑎𝑝𝑖𝑡𝑎𝑙
= 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡𝑠 − 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠

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 WORKING CAPITAL

Summary:
December 2018 December 2017 (Restated)
Current Assets 31,997,110,107 28,251,689,918

Current Liabilities 15,050,236,472 11,224,580,053

Working Capital 16,946,837,635 17,027,109,865

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 WORKING CAPITAL

• The working capital for Century Properties

Group Inc. and Subsidiaries is Php.
17,027,109,865 in 2017 and Php. 16,946,837,635
in 2018. This means that for 2018, the company
is less liquid in meeting its short-term obligations
during the year 2018.

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 PROFITABILITY RATIOS

• Profitability ratios are a class of financial metrics

that are used to assess a business's ability to
generate earnings relative to its revenue,
operating costs, balance sheet assets, and
shareholders' equity over time, using data from
a specific point in time.

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 RETURN ON SALES RATIO

•Measures the percentage of income

earned by the Century Properties Group
Inc. and Subsidiaries.

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 RETURN ON SALES RATIO

• Formula:

𝑁𝑒𝑡 𝑖𝑛𝑐𝑜𝑚𝑒
𝑅𝑒𝑡𝑢𝑟𝑛 𝑜𝑛 𝑠𝑎𝑙𝑒𝑠 𝑟𝑎𝑡𝑖𝑜 =
𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠

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 RETURN ON SALES RATIO
Summary:
December 2018 December 2017 (Restated)
Net Income Attributable

to Equity holders of the

Parent Company 985,915,365 630,312,072

Revenue 10,701,878,291 6,705,771,898

Net Income Margin 9.2% 9.4%

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 RETURN ON SALES RATIO

•The net profit margin decreased slightly.

From 9.4% in 2017, it went down to
9.2% in 2018. This indicates that the
company is not efficiently managing its
expenses slightly during this year.
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 RETURN ON ASSETS RATIO

•Through return on assets, the Century

Properties Inc. and Subsidiaries identify
that the management has earned a
reasonable return with the assets under
its control.
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 RETURN ON ASSETS RATIO

• Formula:

𝑁𝑒𝑡 𝑖𝑛𝑐𝑜𝑚𝑒
𝑅𝑒𝑡𝑢𝑟𝑛 𝑜𝑛 𝑎𝑠𝑠𝑒𝑡𝑠 𝑟𝑎𝑡𝑖𝑜 =
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡

𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠

𝐴𝑠𝑠𝑒𝑡𝑠 𝑎𝑡 𝑡ℎ𝑒 𝐵𝑒𝑔𝑖𝑛𝑛𝑖𝑛𝑔 𝑜𝑓 𝑡ℎ𝑒 𝑌𝑒𝑎𝑟 + 𝐴𝑠𝑠𝑒𝑡𝑠 𝑎𝑡 𝑡ℎ𝑒 𝐸𝑛𝑑𝑖𝑛𝑔 𝑜𝑓 𝑡ℎ𝑒 𝑦𝑒𝑎𝑟
=
2

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 RETURN ON ASSETS RATIO
Summary:
December 2018 December 2017 (Restated)
Total Net Income after tax 1,118,186,619 649,925,140

Total Asset CY 49,366,682,829 42,555,650,621

Total Asset PY 42,555,650,621 41,308,524,254

Average total asset 45,961,166,725 41,932,087,438

Return on Asset 2.4% 1.5%
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 RETURN ON ASSETS RATIO

•The return on assets was 1.5% in 2017,

this increased to 2.4% in 2018. It means
that Century Properties Group Inc. and
Subsidiaries were utilized to generate
income.
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 RETURN ON EQUITY

•This measures the company’s

the return the firm is earning on
its stockholders’ investment.

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 RETURN ON EQUITY

• Formula:

𝑁𝑒𝑡 𝑖𝑛𝑐𝑜𝑚𝑒
𝑅𝑒𝑡𝑢𝑟𝑛 𝑜𝑛 𝐸𝑞𝑢𝑖𝑡𝑦 =
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑡𝑜𝑡𝑎𝑙 𝑆ℎ𝑎𝑟𝑒ℎ𝑜𝑙𝑑𝑒𝑟𝑠 ′ 𝐸𝑞𝑢𝑖𝑡𝑦

𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝑆ℎ𝑎𝑟𝑒ℎ𝑜𝑙𝑑𝑒𝑟𝑠 ′ 𝐸𝑞𝑢𝑖𝑡𝑦

𝐸𝑞𝑢𝑖𝑡𝑦 𝑎𝑡 𝑡ℎ𝑒 𝐵𝑒𝑔𝑖𝑛𝑛𝑖𝑛𝑔 𝑜𝑓 𝑡ℎ𝑒 𝑌𝑒𝑎𝑟 + 𝐸𝑞𝑢𝑖𝑡𝑦 𝑎𝑡 𝑡ℎ𝑒 𝐸𝑛𝑑𝑖𝑛𝑔 𝑜𝑓 𝑡ℎ𝑒 𝑦𝑒𝑎𝑟
=
2

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 RETURN ON EQUITY
Summary:
December 2018 December 2017 (Restated)
Total Net Income after tax 1,118,186,619 649,925,140

Total Equity CY 17,463,466,559 16,255,621,463

Total Equity PY 16,255,621,463 15,346,420,286

Average total equity 16,859,544,011 15,801,020,875

Return on Equity 6.6% 4.1%
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 RETURN ON EQUITY

•The return on Equity was 4.1% in 2017, this

increased to 6.6% in 2018. This indicates
that the Century Properties Group Inc. and
Subsidiaries utilizes its investments to
stockholders efficiently and effectively to
generate profits during this year.
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 FREE CASH FLOW

• Through Free cash flow, the Century Properties

Group Inc. and Subsidiaries will be able to
indicate its ability to expand operations, repay
lenders or pay shareholders’ dividend after
replacing the value of any property, plant and
equipment used in operations.

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 FREE CASH FLOW

• Formula:

𝐹𝑟𝑒𝑒 𝐶𝑎𝑠ℎ 𝐹𝑙𝑜𝑤

= 𝐶𝑎𝑠ℎ 𝑃𝑟𝑜𝑣𝑖𝑑𝑒𝑑 𝑏𝑦 𝑜𝑝𝑒𝑟𝑎𝑡𝑖𝑜𝑛𝑠
− 𝐶𝑎𝑝𝑖𝑡𝑎𝑙 𝐸𝑥𝑝𝑒𝑛𝑑𝑖𝑡𝑢𝑟𝑒𝑠

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 FREE CASH FLOW

Summary:
December 2018 December 2017 (Restated)
Cash Flow provided by operations (2,155,514,473) (183,598,440)

Capital Expenditures (2,277,319,337) (2,232,855,642)

Free Cash Flow (121, 804, 864) (2,049,257,202)

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 FREE CASH FLOW

•The free cash flow was (Php. 121, 804, 864)

in 2018 and (Php. 2, 049,257,202) for the
year 2017.

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 THANK YOU
Group 3
Ansay, Allyson Charissa
Bernardez, Jasmin Joy
Cruzada, Venus
De Villa, Wenelyn
Elgera, Monique
Gatdula, John Vincent
Lopez, Isabella Mae
Pega, Erica
Reyes, Jazfer Kein
Tejidor, Ace
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