Landsea Green Management Limited · HKEX:106
Landsea Green Management — FY2022 Earnings Presentation
30 slides from Landsea Green Management's earnings presentation, March 2023
Slide 1: 2022 Annual Results Presentation
朗诗绿色管理有限公司 (106.HK) Landsea Green Management Limited 2022 Annual Results Presentation 2023 March
Slide 2: Overview, Operation Review, Financial Performance, Future Prospect, Appendices
Overview of the Company Operation Review Financial Performance Future Prospect Appendices Figure: Suzhou Landsea Shangjun
Slide 3: Overview of the Company
Overview of the Company Figure: Nanjing Luxurious Mansion
Slide 4: Structure of Landsea Green Management
Structure of Landsea Green Management Landsea Green Management （106.HK） 100% 57.8% Operation in Operation in the PRC the US Listed on NASDAQ under stock code: LSEA projects with project Development management Development minority and sales services and sales interests (Consolidated) (Consolidated) 4
Slide 5: Business layout and market position - Operation in China
Business layout and market position-Operation in China 8 36 Regional companies Cities Taian, Huangshi, Yancheng, Huizhou, Chuzhou, Jinhua Yingtan, Ganzi Zhangzhou, Wenling, Dongyang 150 Developed projects, >25 million m² Mianyang, Huai’an, Taizhou green residential projects of development area amoun
Slide 6: Business layout and market position - Operation in the US
Business layout and market position-Operation in the US Landsea America is mainly engaged in the development and sales of real estate, aiming 2022 Builder to provide high-quality residences to domestic and global customers in America The Gold of the Year Arizona Builder MAME Awards Magazine Landsea
Slide 7: Green Certifications
Green Certifications Green certifications A total of 56 national green building evaluation mark 3-start certifications in the PRC International green A total of 21 top international green building certifications, including WELL, LEED, BREEAM, certifications PHI, DGNB and other top international cert
Slide 8: Operation Review
Operation Review Figure: Langshi South Gate Residence
Slide 9: Landsea products contracted sales and saleable value of new projects in 2022
Landsea products contracted sales and saleable value of new projects in 2022 Contracted value in the PRC by project type, of which the equity ratio for equity projects was 34% Contracted sales Development Project manageme with minority Development and RMB 22.3 billion 1.16 million sq. m. interests c
Slide 10: Developable projects as of December 2021
Developable projects as of 31 December 2021 (Comprehensive) Developable projects at the end of the period The PRC The US 7.27 million sq. m. RMB 131.2 billion 5.32 million sq. m. RMB 99.9 billion 1.96 million sq. m. RMB 31.3 billion of saleable area Note 1 of saleable value Note 2 of saleable area o
Slide 11: The service type and service content of asset-light business
The service type and service content of asset-light business Project Format Service Content Diverse vertical use case scenarios for residences Feasibility Investment and public buildings study Advisory Specialized Post investment Items Planning management Residences Apartment Office Hotel Service ta
Slide 12: Core advantages of asset-light business
Core advantages of asset-light business Differentiated green architecture products Resource Integration Branding and customer Capability resources First-mover advantage of project management Well established business development service system Distressed Asset Relief Capacity 12
Slide 13: Accumulated saleable value of asset-light business
Accumulated saleable value of asset-light business (project management and development with minority interests) Percentage of accumulated saleable value by project type in the PRC consolidated development and sales Saleable value of project projects 7% management services projects development 10% 82
Slide 14: Business in the PRC - Ark of Freedom and Healthy Fortress
Business in the PRC - Ark of Freedom (Green differentiated healthy residential product) and Healthy Fortress 14
Slide 15: Implementation and premium advantage of the Ark of Freedom
Business in the PRC - Implementation and premium advantage of the Ark of Freedom Implementation of Ark of Freedom as at the Figure: Chengdu Landsea Le Figure: Changshu Shangjing end of 2021: Mansion Mingzhu 16 12,000 Projects of Ark of Cities1 entered 1 Freedom launched Differentiated premium advant
Slide 16: Excellent Resource Integration Capability
Excellent resource Integration Capability Since its strategic transformation in 2014, Landsea has conducted different types of asset-light business exploration and cooperation with many well-known large and medium-sized state-owned enterprises, private enterprises, developers and financial investmen
Slide 17: Operation review of China properties
Operation review of China properties Assertive asset-light strategic Reduce debt Guaranteed delivery Safeguarding cash flow transformation Substantially expand asset-light In 2022, in extremely difficult In 2022, we strengthened Facilitate repayment - businesses and retain asset- conditions for the
Slide 18: U.S. Real Estate Operations Review
U.S. Real Estate Operations Review Figure: Texas Figure: Florida 1 The completion of the acquisition of Hannover Builders at the beginning of the year, diversifying our geographic footprint in high-growth markets with over 4,100 additional parcels, including 18 for-sale communities in the Orlando ar
Slide 19: Financial Performance
Financial Performance Figure: Suzhou Landsea Shangjun
Slide 20: Profit declines due to industry regulation and prudent impairment provisioning
Profit declines due to industry regulation and prudent principle of adequate impairment provisioning Change RMB million, % Jan-Dec 2022 Jan-Dec 2021 Amount Revenue under on and off-balance sheet 18,774 11,292 7,482 equityNote 1 Gross profit under on and off-balance sheet 1,342 2,100 -759 equityNote
Slide 21: Business in the PRC - Decrease in gross profit due to market impact
Business in the PRC- Decrease in gross profit due to the impact of the market Property business in the PRC (RMB Year-on-year Jan-Dec 2022 Jan-Dec 2021 million, %) change Revenue under on and off-balance sheet equity 8,990 4,616 ↑ 94.8% Revenue from development service (project 351 752 ↓ 53.3% manage
Slide 22: Business in the US - Increased revenue and prudent provision to lower gross margin
Business in the US - Increased revenue and prudent provision to lower gross margin Property business in the US (RMB Year-on-year Jan-Dec 2022 Jan-Dec 2021 million, %) change Revenue under on and off-balance sheet equity 9,784 6,676 ↑ 46.6% Development sales revenue on balance sheet 9,774 6,511 Devel
Slide 23: Future Prospect
Future Prospect Figure: Wuxi Landsea Fanghua Residence
Slide 24: Future Plans - Business in the PRC
Future Plans - Business in the PRC Determined to position itself strategically as a "real estate investment banker + green builder”, Landsea will continue to fulfill its mission of "building for people" and realize the vision of "Everlasting Green Company". "Live in the present" to defend cash flow
Slide 25: Future Plans - Business in the US
Future Plans - Business in the US 1 Promote visits and sales in the established markets to continue to increase market share #19 NY C ✓ San ✓ Focus on cash flow while maintaining an Francisco 2 appropriate land bank in major markets to prepare for the future Los Angeles ✓ #24 #14 Riverside #4 #4 Pho
Slide 26: Appendices
Appendices Figure: Suzhou Landsea Shangjun 26
Slide 27: Corporate structure of Landsea Group
Corporate structure of Landsea Group Stock code:LSEA International green developer A green technology service company in USA real estate Green Tech construction and related fields Developer service Biz Segments Stock code: 00106. HK Committed to creating a natural, comfortable, humanistic and life-l
Slide 28: Development history of Landsea Green Development
Development history of Landsea Green Development Changed its 提出深绿战略 Property Biz Implement In-depth transformation “Ark of Freedom” Deep-green Strategy 地产业务实施 深化转型 全新健康住宅 name to 绿色开发 产品差异化 Green development New generation of green “Landsea Establishment of Green development Product differentiation
Slide 29: Landsea Always on the Way
朗诗 永远在路上 LANDSEA ALWAYS ON THE WAY Landsea’s mountain climbing team climbing Qizi Peak in Tibet on 1 October 2020
Slide 30: Disclaimer
Disclaimer NOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. The information in this presentation has been prepared by representa
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