Fantasia Holdings Group Co. Ltd. · HKEX:1777
Fantasia — H1 2011 Earnings Presentation
23 slides from Fantasia's earnings presentation, August 2011
Slide 1: 2011 Interim Results Presentation
Stock code：1777 2011 Interim Results Presentation August 2011
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 2011 Results Overview 2. 1H 2011 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 3
Slide 4: Strong Growth in Contract Sales
Strong Growth in Contract Sales Contract sales and the contract sales area for 1H 2011 recorded YoY growth of 144% and 198% respectively; Cumulated contract sales for the first seven months in 2011 reached RMB 3.96 billion, exceeding the total contract sales of 2010. Contract Sales Contract Sale
Slide 5: Sustainable Profitability
Sustainable Profitability Steady growth in profitability - Gross profit margin: 52.5%, a YoY increase of 2.8pts; - Net profit margin: 25.0%, a YoY increase of 3.5pts; - Net profit margin from core business: 22.0%, a YoY increase of 6.1pts； - EPS: RMB0.10, a YoY increase of 25.0%. Robust financia
Slide 6: Steady Growth in Profitability
Steady Growth in Profitability (RMB mn) June 30 Net profit Net profit from core business RMB mn 2010 2011 Change% Revenue 1,918 2,005 4.6% 502 441 411 Gross Profit 952 1,053 10.6% 305 EBITDA (1) 782 851 8.8% Net Profit from core 305 441 44.3% business(1) 1H 2010 1H 2011 1H 2010 1H 2011 Net profit 41
Slide 7: Robust Financial Position
Robust Financial Position RMB mn 31 Dec 2010 30 Jun 2011 Change % Cash(1) 2,457 1,820 (25.9)% Non restricted cash 2,371 1,255 (47.1)% Total assets 15,382 16,829 9.4% Short-term debt 2,132 2,188 2.6% Long-term debt 3,430 3,483 1.5% Total debt 5,562 5,671 1.9% Shareholders’ equity 4,502 5,170 14.8% Ne
Slide 8: Section
Section 1. 1H 2011 Results Overview 2. 1H 2011 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 2010 1H 2011 7.0% 13.0% 6.0% 4.0% 56.0% 42.0% 45.0% 27.0% Chengdu-Chongqing The Pearl River Delta The Yangtze River Delta Beijing-Tianjin Contract sales breakdown: by product 1H
Slide 10: Effective Project Planning and Execution
Effective Project Planning and Execution 1H 2011 Newly Commenced Projects Product GFA unit：sq.m City Project Category （sq.m） 1H 2010 1H 2011 Dongguan Wonderland Boutique Upscale 160,139 Guilin Fantasia Town Urban Complex 440,931 2,253,495 Fantasia Town Mid-to-high End 181,559 Chengdu Funina Plaza Ur
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 849,027 9.6% Subtotal 849,027 9.6% 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 Product Category City Project GFA (sq.m) Interest (sq.m) (RMB/sqm) 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 2011, our other business such as property operation and hotel services also achieved sustainable growth. Revenue from non-property development businesses 120 90.6 (RMB mn) 80 63.8 40 0 1H 2010 1H 2011 13
Slide 14: Continuous Growth of Team Scale
Continuous Growth of Team Scale The growth of team scale is in line with business expansion Number of Total Employees 5,897 442 668 Business 2009 2010 2011 4,199 381 Segment Dec 31 Dec 31 Jun 30 2,962 607 Property 39 470 607 668 470 Development 4,787 Property Operation 2,453 3,211 4,787 3,211 2,453
Slide 15: Section
Section 1. 1H 2011 Results Overview 2. 1H 2011 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 15
Slide 16: Market Outlook - 2H 2011
Market Outlook - 2H 2011 The US economy is expected to remain sluggish with its sovereign credit rating being downgraded for the first time in the 70 years. Meanwhile the development of the European economy will still be shadowed by the debt crisis, whereas the emerging markets led by China will f
Slide 17: Corporate Strategy - 2H 2011
Corporate Strategy - 2H 2011 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 scal
Slide 18: 2011 Target
2011 Target Achieved in Achieved Ratio 2011 Target 1H 2011 in 1H 2011 Contract sales (RMB mn) 6,000 3,405 57% GFA of newly commenced projects ('000 sq.m) 1,400 1,270 91% GFA of completed projects ('000 sq.m) 650 64 * 10% GFA of available for sale projects ('000 sq.m) 1,500 950 63% * Most of the proj
Slide 19: Make Life in Style
Make Life in Style www.cnfantasia.com 19
Slide 20: Section
Section 1. 1H 2011 Results Overview 2. 1H 2011 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 20
Slide 21: Appendix I: Contract Sales in 1H 2011
Appendix I：Contract Sales in 1H 2011 GFA Sold Contract sales ASP City Project (sq.m) ('000 RMB） （RMB/sq.m） Meinian Int'l Complex 24,709 658,580 26,654 Shenzhen Love Forever 11,033 246,140 22,309 Fantasia Town 79,615 354,068 4,447 Meinian Int'l Plaza 58,491 486,213 8,313 Future Plaza 30,049 341,851 1
Slide 22: Appendix II: Planned Newly Commenced Projects in 2H 2011
Appendix II：Planned Newly Commenced Projects in 2H 2011 GFA City Project Product Category (sq.m ) Fantasia Special Tow n Phase 2 Mid-to-high End Residence 155,000 Huizhou Love Forever Mid-to-high End Residence 140,000 Total 295,000 22
Slide 23: Appendix III: Planned Completed Projects in 2H 2011
Appendix III：Planned Completed Projects in 2H 2011 GFA City Project Product Category (sq.m) Dongguan Mont Conquerant Boutique Upscale Residence 123,000 Huizhou Fantasia Special Town Phase 1 Mid-to-high End Residence 72,400 Meinian Int'l Plaza Phase1.3 Urban Complex 198,000 Chengdu Fantasia Town Phas
Fantasia Holdings Group — H1 2011 Earnings Presentation on 6ix