Road King Infrastructure Limited · HKEX:1098
Road King Infrastructure — FY2013 Earnings Presentation
12 slides from Road King Infrastructure's earnings presentation, March 2014
Slide 1: 2013 Annual Results Presentation
(incorporated in Bermuda with limited liability) Stock Code: 1098 2013 Annual Results Presentation March 2014 0
Slide 2: Disclaimer
Disclaimer This presentation is strictly confidential and may not be copied, published, distributed or transmitted to any person, in whole or in part, by any medium or in any form for any purpose. The information in this presentation is being provided by Road King Infrastructure Limited (the “Compan
Slide 3: A Property Developer with Stable Growth and Sustainable Profit Potential
A Property Developer with Stable Growth and Sustainable Profit Potential Overview Updates Q&A 2
Slide 4: Overview
Overview Maintain Corporate growth Net profit achieved 22% growth to over HK$1bn momentum Property development business Record contracted sales of RMB 12.2 bn in 2013 Strong and Proven execution capacity again by securing 1.1mm sustainable sqm sales and delivering 913,000 sqm to customers prof
Slide 5: A Property Developer with Stable Growth and Sustainable Profit Potential
A Property Developer with Stable Growth and Sustainable Profit Potential Overview Updates Q&A 4
Slide 6: Proven track record of strong business performance
Proven track record of strong business performance Contracted sales (RMB mm) Revenue (HK$ mm) Contracted sales (RMB mm) ASP (RMB/ sqm) 11,456 11,057 9,344 9,552 9,848 9,385 6,833 7,003 4,942 4,600 12,210 9,563 6,944 5,633 5,478 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 EBITDA (HK$ mm) Profit
Slide 7: Strong liquidity and proactive debt management
Strong liquidity and proactive debt management Total cash / short-term debt1 (HK$ mm) Total debt2 / EBITDA Total cash / short-term debt now 1.2x Total debt / EBITDA remains stable Total cash Short-term debt 4.4x 4.3x 4.4x 4.4x 4.0x 6,828 5,337 5,897 5,420 3,4213,500 3,370 3,093 3,003 1,201 2009 2010
Slide 8: Strengthening financial profile
Strengthening financial profile Financial snapshot (HK$ mm) 1 2011 2012 2013 Key observations Contracted sales (RMB mm) 5,633 9,563 12,210 Contracted sales (GFA’000 sqm) 573 1,019 1,104 Healthy property business performance through Property revenue 6,833 9,344 11,456 2013 Gross profit 1,911 2,718 2,
Slide 9: Continue to replenish land reserve to support future development
Continue to replenish land reserve to support future development ■ Acquired nine pieces of land for residential developments in four cities with a total saleable area of over 1.7 million sqm in 2013 Location Attributable interest Saleable area (sqm) Consideration (RMB mm) Shanghai 75% 215,000 1,447
Slide 10: Continue to replenish land reserve to support future development
Continue to replenish land reserve to support future development ■ In January 2014, additional three pieces of land in Yangtze River Delta region with an aggregate saleable area of about 452,000 sqm were acquired Location Attributable interest Saleable area (sqm) Consideration (RMB mm) Suzhou 100% 8
Slide 11: Expressway in the pipeline
Expressway in the pipeline ■ In January 2014, Road King announced the acquisition of 49% equity interest in Anhui Machao Expressway. The transaction is expected to be completed in 2014 Anhui Machao Expressway Grade Expressway, dual three-lane Distance 35.77 kilometers Project total investment RMB 2,
Slide 12: Questions & Answers
A Property Developer with Stable Growth and Sustainable Profit Potential Questions & Answers
Road King Infrastructure — FY2013 Earnings Presentation on 6ix