Sinyi Realty Inc. · TWSE:9940
Sinyi Realty — Q1 2025 Earnings Presentation
19 slides from Sinyi Realty's earnings presentation, May 12, 2025
Slide 1: Sinyi Realty Inc. (9940) 2025Q1 Earning Release Conference
Sinyi Realty Inc. (9940) 2025Q1 Earning Release Conference Speaker： Chen, Chih-Huan, CFO Tseng, Chin-Der, Research Project Manager May 12, 2025 1
Slide 2: Agenda
1 Opening 2 2025 Q1 Operational Report Agenda The Forward-looking of 3 2025Q3 4 Q&A 2
Slide 3: Disclaimer
Disclaimer The information herein and the presentation made during the conference contain forward-looking statements and are provided for information purposes only. Neither Sinyi Realty Inc. nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statemen
Slide 4: 2025Q1 Consolidated Comprehensive Income
2025Q1 Consolidated Comprehensive Income in NT$ thousands (EPS in NT$) 2025Q1 2024Q1 YoY YoY Sales Revenue 2,764 22,657 (19,893) (88%) Service Revenue 2,210,204 3,117,013 (906,809) (29%) Net sales 2,212,968 3,139,670 (926,702) (30%) Sales of Goods Sold 3,093 18,089 (14,996) (83%) Service Cost 1,743,
Slide 5: 2025Q1 Consolidated Comprehensive Income
2025Q1 Consolidated Comprehensive Income in NT$ thousands 2025Q1 2024Q1 YoY YoY Net income 92,322 462,864 (370,542) (80%) Other comprehensive income Items that will not be reclassified subsequently to profit or loss Unrealized gain (loss) on investments in equity instruments at (11,918) 42,883 (54,8
Slide 6: Sales Revenue Per Business
Sales Revenue Per Business China China (non- Domestic 2025Q1 (development development development subsidiaries) subsidiaries) subsidiaries 0% 2% Sinyi Realty Inc. 0% Japan Malaysia 8% 0% Domestic non-development subsidiaries Japan Domestic non- development subsidiaries Domestic development 6% subsid
Slide 7: Trend Of Consolidated Revenue In The Past Three Years
Trend Of Consolidated Revenue In The Past Three Years in NT$ millions 2023 2024 2025 3,000 2,000 2,063 1,368 1,425 1,480 1,380 1,117 1,190 1,190 1,259 990 1,074 1,180 1,166 1,135 1,063 961 1,090 1,000 1,006 976 884 781 863 836 787 727 582 625 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 7
Slide 8: Trend of Non-development Consolidated Revenue In The Past Three Years
Trend of Non-development Consolidated Revenue In The Past Three Years in NT$ millions 2025 2023 2024 1,600 1,480 1,400 1,388 1,348 1,362 1,200 1,243 1,173 999 1,092 1,084 1,089 1,000 1,034 1,001 1,044 988 960 941 781 978 862 881 800 815 786 581 725 600 660 624 485 400 200 0 Jan Feb Mar Apr May Jun J
Slide 9: 2025.3.31 Consolidated Balance Sheets
2025.3.31 Consolidated Balance Sheets in NT$ thousands Year 2025.03.31 2024.12.31 2024.03.31 Account Amount % Amount % Amount % Cash & Cash equivalents 3,590,166 11% 4,205,337 13% 4,724,486 15% Financial assets at fair value through P&L 1,354,325 4% 1,345,620 4% 1,281,265 4% Trade & Notes Receivable
Slide 10: 2025.3.31 Consolidated Balance Sheets
2025.3.31 Consolidated Balance Sheets in NT$ thousands Year 2025.03.31 2024.12.31 2024.03.31 Account Amount % Amount % Amount % Short-term borrowings 1,615,782 5% 618,619 2% 200,000 1% Contract liabilities - current 833,781 3% 829,967 3% 792,093 2% Trade payable & Notes payable 387,271 1% 428,430 1%
Slide 11: 2025.3.31 Consolidated Balance Sheets
2025.3.31 Consolidated Balance Sheets in NT$ thousands Year 2025.03.31 2024.12.31 2024.03.31 Account Amount % Amount % Amount % Ordinary shares 7,368,465 23% 7,368,465 23% 7,368,465 24% Capital surplus 63,790 - 63,790 - 63,790 - Retained earnings Legal reserve 3,073,308 9% 3,073,308 9% 2,896,935 9%
Slide 12: 2025Q1 Consolidated Cash Flows
2025Q1 Consolidated Cash Flows in NT$ thousands 2025Q1 2024Q1 YoY Beginning Balance 4,205,337 5,081,864 (876,527) Net cash used in operating activities (1,138,834) (465,798) (673,036) Net cash used in investing activities (725,454) (685,734) (39,720) Net cash generated from financing activities 1,15
Slide 13: Inventory as of March 31, 2025
Inventory as of March 31, 2025 in NT$ thousands Expected Completion 2025.03.31 2024.12.31 2024.03.31 Year of the Sales Contract Property under development Banqiao District, New Taipei City Before the year end of 2026 2,657,287 2,603,813 2,280,550 (Jia-Pin project) Xinzhuang District, New Taipei Befo
Slide 14: Development Projects of Sinyi's Subsidiaries
Development Projects of Sinyi’s Subsidiaries Accumulated Total 2025Q1 (As of March 31, 2025) Project Available Rate of Delivered Revenue Delivered Revenue Units sale Units Recognized Units Recognized Jia-Pin 114 100% - - - - Sanshui Jiating TWD TWD 608 70% 424 - (Wuxi) 6.484B 1M Jia-Hsueh 100 100% -
Slide 15: Development Schedule of Tourism Business
Development Schedule of Tourism Business 1. Schedule on Hotel in Melinsung 2024 H2 of 2027 Begin Hotel Grand opening of construction Hotel The team continues to progress works of structural engineering and interior design optimization. 2. Development schedule of Mengalum Island The primary focus is
Slide 16: Physical Store Location in Taiwan
Physical Store Location in Taiwan 2025.04 2024.04 Area Diff. No. % No. % Greater Taipei Area 260 56% 262 56% (2) Taoyuan & Hsinchu 66 14% 67 14% (1) Taichung 75 17% 77 17% (2) Tainan & Kaohsiung 61 13% 63 13% (2) Total 462 100% 469 100% (7) Note：As of February 28, 2025, the total number of stores we
Slide 17: The Foward-looking of 2025Q3
The Foward-looking of 2025Q3 The volatility in the stock market, foreign exchange market and bond market will affect consumer confidence in the domestic housing market in the short term. Mortgage conditions are still tight, and the pattern of the housing market dominated by self-use demand remai
Slide 18: Q&A
fene O&A
Slide 19: Contact
Contact 19