Fantasia Holdings Group Co. Ltd. · HKEX:1777
Fantasia — H1 2012 Earnings Presentation
23 slides from Fantasia's earnings presentation, August 2012
Slide 1: 2012 Interim Results Presentation
Stock code：1777 2012 Interim Results Presentation August 2012
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Fantasia Holdings Group Co., Limited (the “Company”) solely for use at the presentation regarding the Company and its subsidiaries (collectively, the “Group”). No representation or warranty (whether express or implied) is made as to the fairness, acc
Slide 3: Section
Section 1. 1H 2012 Results Overview 2. 1H 2012 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 3
Slide 4: Steady Growth in Contract Sales
Steady Growth in Contract Sales Contract sales area for 1H 2012 recorded YoY growth of 11%; Cumulated contract sales for 1H 2012 reached RMB3.35 billion, achieved 47% of the annual contract sales target; Cumulated contract sales for first 7 months of 2012 reached RMB4.02 billion, achieved 55%
Slide 5: Steady Profitability
Steady Profitability Steady profitability - Gross profit margin: 41.7% - Net profit margin: 16.7% - EPS: RMB0.04 Healthy and steady financial position - Cash on hand: RMB1.44 billion - Net Gearing Ratio: 81.6% 5
Slide 6: Steady Profitability
Steady Profitability June 30 RMB mn 2011 2012 Decrease% Revenue 2,005 1,205 39.9% Gross Profit 1,053 503 52.2% Net profit 499 201 59.7% EPS(RMB) 0.10 0.04 60.0% Gross Profit margin 52.5% 41.7% 10.8pts Net profit margin 24.9% 16.7% 8.2pts (1) Excluding profit attributed to revaluation of investment p
Slide 7: Healthy and Steady Financial Position
Healthy and Steady Financial Position RMB mn 31 Dec 2011 30 Jun 2012 Change % Cash(1) 1,336 1,438 7.6% Non restricted cash 1,021 1,074 5.2% Total assets 18,123 20,862 15.1% Short-term debt 2,100 1,810 (13.8%) Long-term debt 3,393 4,239 24.9% Total debt 5,493 6,049 10.1% Shareholders’ equity 5,602 5,
Slide 8: Section
Section 1. 1H 2012 Results Overview 2. 1H 2012 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 8
Slide 9: Increasingly Diversified Revenue and Enhanced Sales Contribution from Multi-regions
Increasingly Diversified Revenue and Enhanced Sales Contribution from Multi-regions Contract sales breakdown: by region 1H 2011 1H 2012 Contract sales breakdown: by product 1H 2011 1H 2012 9
Slide 10: Strategic Project Planning and Execution
Strategic Project Planning and Execution 1H 2012 Newly Commenced Projects Product GFA City Project Category （sq.m） Huizhou Phase 3 of Fantasia Special Mid-to-high End 160,250 Nanjing Phase 1 of Yuhuatai Project Boutique Upscale 6,766 Fantasia Town Mid-to-high End 161,355 Chengdu Meinian Internationa
Slide 11: High Quality Land Bank: prudent investment and cautious operations
High Quality Land Bank: prudent investment and cautious operations Land bank spanning four major regions and 10 core cities of high strategic importance Beijing-Tianjin Metropolitan Region City GFA (sq.m) Percentage Tianjin 765,738 9.3% Subtotal 765,738 9.3% The Yangze River Delta City GFA（sq.m） Per
Slide 12: High Quality and Low Cost Land Bank
High Quality and Low Cost Land Bank Land bank with use right Land bank with framework agreement GFA Avg.Cost Product City Project (sq.m) Product Category (RMB/sqm) City Project GFA (sq.m) Interest Category Shenzhen Funian Plaza 61,219 Urban Complex 2,418 Chengdu Pixian Project 3,917,332 Urban Comple
Slide 13: Continuous Expansion of Property Services and Business Operating Capacity
Continuous Expansion of Property Services and Business Operating Capacity In 1H 2012, our other business such as property operation and hotel services also achieved sustainable growth. Recurrent revenue from property investment, hotel and community services businesses (RMB mn) 13
Slide 14: Maintaining Competitive Team Scale
Maintaining Competitive Team Scale Maintaining competitive team scale is in line with the expansion of business operations Number of Total Employees 6,929 6,691 Business 2010 2011 2012 4,199 Segment Dec 31 Dec 31 Jun 30 Property 607 738 758 Development Property Operation 3,211 5,542 5,259 Hotel Serv
Slide 15: Section
Section 1. 1H 2012 Results Overview 2. 1H 2012 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 15
Slide 16: Market Outlook - 2H 2012
Market Outlook - 2H 2012 The US economy is expected to remain sluggish. Meanwhile the development of the European economy will still be shadowed by the debt crisis, whereas the economic growth rate in the emerging markets led by China now facing the downward trend As the demand for residential p
Slide 17: Corporate Strategy - 2H 2012
Corporate Strategy - 2H 2012 We will continue to maintain a flexible and proactive strategy to boost sales, and to strive to achieve or exceed the planned annual contract sales target We will continue to prudently acquire premium land parcels at competitive prices, to reasonably expand the scale
Slide 18: 2012 Target
2012 Target Achieved in Achieved Ratio 2012 Target 1H 2012 in 1H 2012 Contract sales (RMB mn) 7,200 3,351 47% GFA of newly commenced projects ('000 sq.m) 1,000 608 61% GFA of completed projects ('000 sq.m) 800 21 * 3% GFA of available for sale projects ('000 sq.m) 1,400 963 69% * Most of the project
Slide 19: Make Life in Style
Make Life in Style www.cnfantasia.com 19
Slide 20: Section
Section 1. 1H 2012 Results Overview 2. 1H 2012 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 20
Slide 21: Appendix I: Contract Sales in 1H 2012
Appendix I：Contract Sales in 1H 2012 C ity P roject G F A Sold C ontract sales A SP (sq.m ) （R M B '000） （R M B / sq.m ） Funian Plaza 11,011 386,739 35,123 Shenzhen M einian Int'lC om plex 292 8,780 30,068 O thers 99 1,457 14,717 Fantasia T ow n 40,292 176,505 4,381 M einian Int'lC om plex 19,979 15
Slide 22: Appendix II: Planned Newly Commenced Projects in 2H 2012
Appendix II：Planned Newly Commenced Projects in 2H 2012 GFA City Project Product Category （s q . m ) Mid-to-high End Huizhou Love Forever 81,000 Residence Meinian Int'l Plaza Urban Complex 90,000 Chengdu Belle Epoque Urban Complex 80,000 Grande Valley Four Point Hotel 35,000 Hotel Lago Paradise land
Slide 23: Appendix III: Planned Completed Projects in 2H 2012
Appendix III：Planned Completed Projects in 2H 2012 GFA City Project Product Category （sq.m） Shenzhen Funian Plaza Urban Complex 61,000 Boutique Upscale Dongguan Wonderland 83,000 Residence Future Plaza Urban Complex 242,500 Mid-to-high End Fanatsia Town 181,000 Chengdu Residence Mid-to-high End Bell
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