Fantasia Holdings Group Co. Ltd. · HKEX:1777
Fantasia — H1 2014 Earnings Presentation
25 slides from Fantasia's earnings presentation, August 2014
Slide 1: Interim Result Presentation
Stock code：1777.HK Interim Result Presentation Aug 2014
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: Agenda
Agenda 1. Business Review 2. Financial Review 3. Outlook for 2H2014 4. Appendix 3
Slide 4: Strategic Transformation: We Dedicate to Become a Social Community Service Platform
Strategic Transformation: We Dedicate to Become a Social Community Service Platform 1 Property Development 2 Colour Life Focus on making breakthroughs on Provides integrated property management destocking through a variety of means and services to over 1000 projects with a total strategies so as
Slide 5: Colour Life Got Listed: Milestone for Our Transformation Story
Colour Life Got Listed: Milestone for Our Transformation Story In Jun 2014, Colour Life Services Group Co., (SEHK: 1778) Ltd was listed in Hong Kong Stock Exchange The Offering Price was HK $ 3.78 / share (Aug 7 closing price HK$ 4.56 / share， with 20.6% growth), with net proceeds of approximate
Slide 6: Contract Sales Overview
Contract Sales Overview Contract sales for 1H2014 reached RMB1.8 billion; Contract sales GFA for 1H2014 reached 284,116 sq.m; Amount City Project Name GFA (sq.m) （million RMB） Chengdu Fantasia Town 44,559 208.3 Huizhou Huiyang Special Town Project 32,752 179.3 Chengdu Long Nian International Pla
Slide 7: Increasingly Diversified Revenue
Increasingly Diversified Revenue Contract Sales Breakdown (by Product) Boutique 1H2013 1H2014 Upscale Urban Residences Complexes 28.6% Boutique 25.9% Upscale Urban Residences Complexes 36.7% 46.9% Mid-to-high End Mid-to-high End Residences Residences 24.5% 37.4% Contract Sales Breakdown (by Region)
Slide 8: High Quality Land Bank
High Quality Land Bank As at 30 June 2014, the planned GFA of the Group’s land bank amounted to approximately 9.86 mn sq.m., and the planned GFA of properties with framework agreements signed amounted to 6.34 mn sq.m In 1H2014, we acquired three pieces of land, one in Shenzhen and two in Nanjing, wi
Slide 9: High Quality Land Bank (Cont’d)
High Quality Land Bank (Cont’d) Land Bank Under Development City Project name Aggregate GFA (sq.m.) Product Category Longnian Building (龍年大廈) 38,482 Urban complex Shenzhen Phase 2 of Able 85,428 Urban complex Longqi Bay 38,139 Boutique upscale residence Phase 4 and 5 of Fantasia Special Town 306,125
Slide 10: High Quality Land Bank (Cont’d)
High Quality Land Bank (Cont’d) Land Bank Held for Future Development City Project name Aggregate GFA (sq.m.) Nature of land Nanshan District Project (TCL Project) 39,587 Industrial, commercial and financial Shenzhen Xinghua Industrial Project (興華工業項目) 37,500 Commercial and financial land use Lenian
Slide 11: Strategic Project Planning and Execution
Strategic Project Planning and Execution 1H2014 Newly Commenced Projects Aggregate GFA Region Project name Type (sq.m.) Pearl River Delta Shenzhen Phase 2 of Shenzhen Able Plant and ancillary office 85,428 Chengdu-Chongqing Economic Zone Chengdu Phase 2.2 of Chengdu Grande Valley Residential and com
Slide 12: Strategic Project Planning and Execution (Cont’d)
Strategic Project Planning and Execution (Cont’d) 1H2014 Completed Projects Region Project name Aggregate GFA (sq.m.) Pearl River Delta Shenzhen Shenzhen Xingnian Plaza 52,340 Dongguan Phase 3.2 of Dongguan Wonderland 86,965 Huizhou Phase 3 of Huizhou Fantasia Special Town 159,918 Guilin Phase 1.3 o
Slide 13: Agenda
Agenda 1. Business Review 2. Financial Review 3. Outlook for 2H2014 4. Appendix 13
Slide 14: Key Financial Highlights
Key Financial Highlights Profitability Gross profit margin EPS 34.7% RMB0.02 / share Financial position Cash on hand Net gearing(1) RMB4.8 billion 84.5% Financing activities in 1H2014 - Colour Life Services Group was listed in Hong Kong Stock Exchange with net proceeds of approximately RMB 710 milli
Slide 15: Financial Performance
Financial Performance RMB mn 1H2013 1H2014 Change Revenue 2,751 2,917 6.0% Gross profit 1.030 1,011 (1.9%) Core profit (netting of fair value change of IP 228 184 (19.3%) and exchange gain / (loss)) Net profit attributable to owners of the company 317 101 (68.1%) Gross margin 37.5% 34.7% (2.8pts) Co
Slide 16: Healthy Financial Position
Healthy Financial Position RMB mn Dec 31 2013 Jun 30 2014 Change Cash (1) 3,632 4,802 32.2% Total Assets 30,563 36,380 19.0% Short-term debt 2,053 3,090 50.5% Long-term debt 9,785 10,191 4.1% Total debt 11,838 13,281 12.2% Shareholder's equity 7,831 10,040 28.2% Total debt over total asset 38.7% 36.
Slide 17: Debt Maturity Profile
Debt Maturity Profile > 5 years (1) As of June 2014, the company had a total debt of c. 17% < 1 year 23% RMB 13.3bn The total debt represented loans and senior notes, 1 - 2 year including offshore debt RMB7.0bn (52.8%) and 19% onshore debt RMB6.3bn (47.2%). 2 - 5 year 41% (RMB mn) 5,492 (1) 3,090 2,
Slide 18: Continuous Expansion of Property Services and Business Operating Capacity
Continuous Expansion of Property Services and Business Operating Capacity In 1H2014, our other business such as property operation and hotel services also achieved a sustainable growth. Recurrent Revenue From Property Investment, Hotel and Community Services Businesses 1H2013 1H2014 Recurrent Recurr
Slide 19: Agenda
Agenda 1. Business Review 2. Financial Review 3. Outlook for 2H2014 4. Appendix 19
Slide 20: Recent Development
Recent Development In the financial service sector, we launched P2P business with the largest Jul 2014 social platform in China Colour Life Services Group Co., (SEHK: 1778) Ltd was listed in Hong Kong Jun 2014 Stock Exchange Shenzhen Fantasia Business Management has successfully entered into a Jun 2
Slide 21: Market Outlook – 2H2014
Market Outlook – 2H2014 Fantasia endeavours to improve where traditional business is causing inconvenience to customers and insists on innovation Target to achieve strategic transformation in eight major sections, namely real estate development, Colour Life Services, financial services, internat
Slide 22: Strategic Transformation for the Next Few Years
Strategic Transformation for the Next Few Years From asset-heavy to asset-light Offline + online services All-round development Property Development Colour Life Financial Service International Property Business Retirement Life Hotel Management Education Management Service Services 22
Slide 23: Agenda
Agenda 1. Business Review 2. Financial Review 3. Outlook for 2H2014 4. Appendix 23
Slide 24: Appendix: Key Milestones
Appendix: Key Milestones 2001 2004 2007 2010 2012 • Entered • Completed the • Expanded our property • Entered Wuxi, • Entered Beijing and Chengdu first residential development business Dali and Nanjing markets Corporate market development to include the Yangtze Suzhou • Started operation of the • Co
Slide 25: Please contact our IR team for further information
Please contact our IR team (Christy Zheng, zhengjy@cnfantasia.com) for further information or visit www.cnfantasia.com 25
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