Ying Li International Real Estate Limited · SGX:5DM
Ying Li International Real Estate — Q1 2010 Earnings Presentation
11 slides from Ying Li International Real Estate's earnings presentation, 2010
Slide 1: 1st Quarter 2010 Result Presentation
1st Quarter 2010 Result 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: 1Q 2010 Financial Result; Business Updates & Outlook
1. 1Q 2010 Financial Result 2. Business Updates & Outlook
Slide 4: 1Q 2010 Financial Result
al “JL Kl Gf Ra YING LI INTERNATIONAL 1Q 2010 Financial Result
Slide 5: 1Q 2010 – Comprehensive Income Statement
1Q 2010 – Comprehensive Income Statement 1Q 2010 (RMB’000) 1Q 2009 (RMB’000) % CHANGE Sales Revenue 382 17,216 (97.8%) Rental Revenue 11,215 10,615 5.7% Total Revenue 11,597 27,831 (58.3%) Gross Profit 7,980 12,084 (34.0%) Other income 1,358 142 856.3% Selling expenses (1,321) (342) 286.3% Administr
Slide 6: 1Q 2010 – Statements of Financial Position
1Q 2010 – Statements of Financial Position 31 Mar 10 (RMB’000) 31 Dec 09 (RMB’000) Property, Plant and Equipment 16,091 15,803 Investment Properties 1,449,400 1,449,400 Development Properties 1,472,783 577,545 Other assets 185,664 1,235,045 Cash and bank balances 1,179,252 233,282 Total Assets 4,303
Slide 7: Business Updates & Outlook
Business Updates & Outlook —_ 1 7 i
Slide 8: Business Updates & Outlook
Business Updates & Outlook Lesser business activities in San Ya Wan due to seasonal and market timing factors. Increase in rental income from higher rental from Future International. Increase in expenses due to interest and expenses related to the issuance of on Convertible Bonds (CB) and loss on fo
Slide 9: Business Updates & Outlook (Cont.)
Business Updates & Outlook z (Cont.) Net debt to equity decreased from 13.8% (as at 31 Dec 09) to 7.1% (as at 31 Mar 10) due to the repayment of borrowing of RMB 98.3million. Total debt to total equity increased from 24.7% (as at 31 Dec 09) to 58.8% (as at 31 Mar 10) resulting from the issuance of C
Slide 10: Business Updates & Outlook (Cont.)
Business Updates & Outlook (Cont.) Relatively less impact from the Chinese government tightening policies on the residential property sector as we are a commercial property focused developer in prime CBD locations. Affect mainly the Tier-1 cities such as Beijing, Shanghai, Tianjing, Guangzhou and Sh
Slide 11: THANK YOU
THANK YOU
Ying Li International Real Estate — Q1 2010 Earnings Presentation on 6ix