China New City Group Limited · HKEX:1321
China New City — China New City Commercial Development — FY2020 Earnings Presentation
25 slides from China New City's earnings presentation, Mar 26, 2021
Slide 1: 2020 Annual Results Briefing
2 0 2 0 A n n u a l Re s u l t s B r i e f i n g 26 Mar 2021
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation materials, you agree to be bound by the following limitations: The information in this presentation has been prepared by representatives of China New City Commercial Development Limited(the "Company",
Slide 3: Contents
CONTENTS 01 Highlights 02 Business Operation 03 Financial Performance 04 Future Development
Slide 4: 1. Highlights
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Slide 5: Highlights
Highlights （1）Stable income and optimized capital structure： （2）Contract sales hit a new high Sales revenue reached RMB 1.07 billion, including sales of RMB Total contracted sales for the whole 820 million investment properties year of 2020 reached RMB 1.24 billion, Leasing and property manage
Slide 6: Commercial Operation Management
Highlights China New City Commercial Development Co., Ltd. currently focuses on four major business segments: commercial real estate development, commercial operation , hotel management , and capital management . At the same time , it has a layout of multiple industries such as film and television ,
Slide 7: 2. Business Operation
Ns the SIRAS S48 Cp BST iat rh ra Se 28 RA PR China New City Commercial Development Limited 2. Business Operation
Slide 8: The "dual" development model of "commercial + residential"
The "dual" development model 150+ 10000 + 2000000 + of "commercial + residential" (themed commercial and development) : 10+ More than 150 business Over 10,000 The commercial area More than 10 years of experience in in-depth strategic various brand under management commercial real estate development
Slide 9: Helping the organic renewal of the city
The "dual" development model of "commercial + residential" (Helping the Sandun Dagang organic renewal of the city) Bridge Project Helping the organic renewal of the city is one of the key directions for the future development of China New City Hangzhou has huge potential for urban renewal: The p
Slide 10: Contracted Sales
Contracted Sales Contracted Sales Contracted Contracted sales ASP Project sales revenue (RMB （RMB） area(sq.m) million) In 2020, the total contracted sales Fashion Color City 1,707 26,714 45.6 and reached RMB1.24 billion, Yuyao Zhong An 7,661 with a YoY increase of around Times Square Phase I 4,477 3
Slide 11: Land Reserve
Land Reserve • As of 31 December 2021, 15 projects layout in Yangtze River Delta Region • The attributable land reserve area was around 4.1 million sq.m. New Projects •5 GFA • 1.02 million sq.m Yangtze River Delta Average Land Cost • RMB 1,670/m2 Region New land reserve area by city tier Tier-1 New
Slide 12: Commercial sector
Commercial sector Jia Run Mansion Committed to the development of commercial real estate and building the core business of the city After more than ten years of experience in commercial real estate development and operation, the group has relied on rich commercial real estate development experienc
Slide 13: Hotel business
Hotel business Hotel management, committed to becoming the most competitive hotel brand in the mid-to-high-end accommodation industry 2020 Total revenue： " Bright " means bright, whatever the sound and meaning, the establishment of the " Bright " RMB182 million brand hotel chain, you can see the s
Slide 14: Hotel operation and leasing business
Hotel operation and leasing business There are four hotels of the Group namely Holiday Inn The leasing income of the Group mainly comes from Highlong Hangzhou Xiaoshan, Somerset International Office Center Plaza, International Office Centre and Zhong An Times Hangzhou Service Apartment, Qiandao Lake
Slide 15: Industrial Park + Industrial Real Estate
Industrial Park + Industrial Real Estate China New City’s industrial parks are moving towards the development of the entire industrial chain, especially the thematic industrial parks and new industrial parks. On the one hand, in industrial real estate, village reserved land and other projects, fro
Slide 16: Film and television culture
Film and television culture Film and television culture, committed to forming a comprehensive, diversified and entire industry chain The Group’s Cinema new curtain Studios is committed to providing innovative viewing experience of high-end cinema brand, brand adhere to "socialize Studios leader"
Slide 17: Education Business
Education Business Early education curriculum Hands with outstanding education brands to build an system in line with A management team that localization and integrates localization and international urban area internationalization internationalization Maggie & Rose parent-child family club is the
Slide 18: 3. Financial Performance
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Slide 19: Financial summary
Financial summary Revenue（RMB ‘000） 2020 2019 Change Sales of properties 248,942 1,543,552 -83.8% Sales of properties (including 1,068,742 1,534,552 -30.4% sales of investment properties) Property rental 144,845 175,412 -17.4% Hotel Operation 182,516 141,270 +29.2% Others 124,067 104,619 +18.6% Tota
Slide 20: Robust balance sheet
Robust balance sheet (RMB million) 31 Dec 2020 31 Dec 2019 Change Cash 1,109 432 +156.7% Total assets 15,175 14,508 +4.6% Total liabilities 9,098 8,367 +8.7% Total equity 6,077 6,141 -1.0% - Non-controlling 243 357 -32.1% interests Debt ratio 72% 66% -6% Debt analysis Secured 5,861 2,904 +18.5% Debt
Slide 21: Sales of properties
Sales of properties In 2020, the recognized sales of properties sold and delivered was approximately RMB249 million. In addition, the sales of investment properties of approximately RMB820 million, was not recognized in the sales of properties in accordance with the International Accounting Standard
Slide 22: 4. Future Development
iW) OS Oo PBST iat rh a Se 8 RA PRB] hina New City Commercial Development Limited 4.Future Development
Slide 23: Linkage of the eight major industries, acquisition of land
Investment, financing, management, linkage of the eight major industries, acquisition of land with the advantage of linkage According to China New City's three-year strategic plan for new cities, by 2023 , all industries will reach a new level. With the steady increase in scale, increasingly mature
Slide 24: Industry + finance, boost development
Deeply dig into business sector operations and promote commercial IP ; the film and television business grasps supporting services and diversified operations to seize opportunities after the epidemic; seize future acquisition opportunities Focus on the future core of the city Contribute to the o
Slide 25: Thank You
iW) OF ov PBC Arde ri Fes Se 28 A PRA hina New City Commercial Development Limited THANK YOU 26 Mar 2021
China New City Commercial Development — FY2020 Earnings Presentation on 6ix