Ying Li International Real Estate Limited · SGX:5DM
Ying Li International Real Estate — Q3 2012 Earnings Presentation
25 slides from Ying Li International Real Estate's earnings presentation, 2012
Slide 1: 3Q 2012 Results Presentation
Chongqing Jiefangbei CBD 3Q 2012 Results Presentation
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements that involve known and unknown risks, uncertainties, assumptions and other factors which may cause the actual results, performance or achievements of Ying Li or the Group, or industry results, to be materially different from any fut
Slide 3: Agenda
Agenda 1. Financial Results 2. Sector / Industry Updates 3. Business Updates 4. Appendix 3
Slide 4: Financial Results
Financial Results aL uae
Slide 5: 3Q 2012 – Consolidated Income Statement
3Q 2012 – Consolidated Income Statement 3Q 2012 (RMB’000) 3Q 2011 (RMB’000) % CHANGE Revenue 160,078 33,257 381.3% Sales of Properties 136,813 22,082 519.6% Rental Income 23,265 11,175 108.2% Gross Profit 54,432 7,907 588.4% Gross Profit Margin 34.0% 26.4% +10.2pp Other Income 649 505 28.5% Selling
Slide 6: YTD 3Q 2012 – Consolidated Income Statement
YTD 3Q 2012 – Consolidated Income Statement Jan - Sep 2012 (RMB’000) Jan - Sep 2011 (RMB’000) % CHANGE Revenue 426,430 102,447 316.2% Sales of Properties 369,492 66,838 436.8% Rental Income 56,938 33,609 69.4% Gross Profit 187,778 34,048 451.5% Gross Profit Margin 44.0% 33.2% +10.8pp Other Income 10
Slide 7: Revenue Contribution
Revenue Contribution Sales Revenue (RMB million) 600 547.1 500 369.5 +519.6% 400 300 +470.3% +348.5% 200 125.1 136.8 88.5 107.6 100 31.2 27.9 18.9 22.1 0 FY 09 FY 10 FY 11 9M 12 1Q 11 1Q 12 2Q 11 2Q 12 3Q 11 3Q 12 Rental Revenue (RMB million) 60 56.9 50 45.7 46.4 +108.2% 43.6 40 +80.3% +19.8% 30 23.
Slide 8: Note – Consolidated Income Statement
Note – Consolidated Income Statement Sales of Properties • 2009-2010 were the periods where IFC was under construction and no sales was recognised. Substantial portion of major projects prior to IFC, such as Future International mall was held for capital appreciation and recurring income, thus it ha
Slide 9: 3Q 2012 – Statement of Financial Position
3Q 2012 – Statement of Financial Position (RMB’000) 30 Sep 12 31 Dec 11 Non Current Assets 2,542,060 2,582,663 Current Assets 3,930,552 3,352,162 Total Assets 6,472,612 5,934,825 Non Current Liabilities 1,383,218 1,319,478 Current Liabilities 2,193,037 1,738,343 Total Liabilities 3,576,255 3,057,821
Slide 10: Note – Statement of Financial Position (cont.)
Note – Statement of Financial Position (cont.) Current liabilities • The line item current liabilities includes obligations not repayable within the next 12 months and not repayable in cash • Approximately 80% of current liabilities have obligation after 12 months from the balance sheet date • These
Slide 11: Sector / Industry Updates
Sector / Industry Updates aL uae 11
Slide 12: Chongqing’s Property Landscape
Chongqing’s Property Landscape • Chongqing’s Property Landscape for 3Q 2012 • Chongqing Grade A office market recorded steady rental appreciation and take-up growth during quarter^ • Yuzhong district Grade A office rental rate increased 3.2% q-o-q to RMB 107 per sq.m per month^ • Driven by the launc
Slide 13: Business Updates
Business Updates aL uae 13
Slide 14: Business Updates – Ying Li IFC Office
Business Updates – Ying Li IFC Office Ying Li IFC Office • Leasing activities continue to progress smoothly. Secured new international and domestic tenants such as: OCBC bank NYK Logistics Guiyang Hongyi Real Estate Development Co., Ltd Zhejiang Tairu Investment Management Co., Ltd Chongqi
Slide 15: Business Updates – Ying Li IFC Mall
Business Updates – Ying Li IFC Mall Ying Li IFC Retail Mall • New tenants: illy Coffee, Italian gourmet coffee company Powerland, leading Chinese producer of fashionable luggage and bags We Grow, well-known Chinese retailer that focus on high quality kids apparel A-Fontane, leading Hong Kong
Slide 16: Business Updates – Ying Li IFC Mall (cont.)
Business Updates – Ying Li IFC Mall (cont.) Ying Li IFC Retail Mall – Event and Promotions • Both Alec Su (苏有朋) and Crystal Liu Yifei (刘亦菲) made their appearances at • Ying Li IFC’s 2012 Fashion Week Ying Li IFC’s Poly Cinema to promote their new film “The Assassins” (铜雀台) 16
Slide 17: Business Updates – Ying Li International Plaza
Business Updates – Ying Li International Plaza Ying Li International Plaza Construction Progress Blk 5 Blk 2 Blk 4 Blk 1 Blk 1 Blk 3 Blk 2 Retail Podium *Photos as at Nov 2012 Ying Li Int’l Plaza (as at 14 Nov 12) Construction Progress Total Floors Block 1 24th Floor 50 Block 2 27th Floor 46 Block 3
Slide 18: Business Updates – Ying Li International Plaza (cont.)
Business Updates – Ying Li International Plaza (cont.) Ying Li International Plaza Pre-Sales % Units Sold (to date) 95.1% 99.4% 99.5% 95.9% YTD Contracted ASP = RMB 10,423/sqm YTD contracted pre-sales = RMB 717m Phase 1 Phase 2 Phase 3 Phase 4 Phase Launched Period Phase 1 27 Dec 2011 Phase 2 25 Mar
Slide 19: Business Updates – Ying Li International Plaza (cont.)
Business Updates – Ying Li International Plaza (cont.) Launch of Ying Li International Plaza Phase 4 SOHO units • Strong response from the launch of Ying Li International Plaza Phase 4 SOHO units on 30 Sep 2012, with more than 95% of the units sold on to date • Phase 1, 2 and 3 launched units have a
Slide 20: Business Updates – Chongqing Financial Street Project
Business Updates – Chongqing Financial Street Project Chongqing Financial Street Project • Ongoing earthwork progressing smoothly at Chongqing Financial Street Project • Completion of project will be in stages from 2015 to 2016 20
Slide 21: Business Updates – San Ya Wan Phase 2
Business Updates – San Ya Wan Phase 2 San Ya Wan Phase 2 • Covering an approximately. 89,700 sqm site area, earthwork at San Ya Wan Phase 2 has begun and is progressing smoothly • We have started the project design phase and expect to complete the project in stages in 2014 to 2015 21
Slide 22: Thank You
Thank You For further information, please contact: Mr. Liew Kah Khong Mr. Ronald Ng Head, Strategic Development & Investor Relations Manager, Investor Relations Tel : (65) 6334 9059 Tel : (65) 6334 9056 Email : liewkk@yingligj.com Email : ronald.ngyz@yingligj.com Please visit our website at www.ying
Slide 23: Appendix
Appendix 23
Slide 24: Chongqing Economic indicators
Chongqing Economic indicators Chongqing 3Q 2012 (Jan – Sep) Economic Indicators Indicators Unit Value Change y-o-y (%) GDP RMB billion 815.80 13.8 Industrial Output RMB billion 962.14 18.5 Fixed Asset Investment RMB billion 632.50 23.7 Foreign Direct Investment (FDI) US$ billion 6.02 42.0 Retail Sal
Slide 25: Chongqing’s Investment Landscape
Chongqing’s Investment Landscape • Chongqing’s Investment Landscape • Foxconn Technology Group plans to set up a touch screen LCD TV plant, first of its kind made in China, in Chongqing with an annual production of 3million TV sets and annual sales income of RMB 12billion • China’s first pilot area
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