Fantasia Holdings Group Co. Ltd. · HKEX:1777

Fantasia — H1 2013 Earnings Presentation

24 slides from Fantasia's earnings presentation, August 2013

  1. Slide 1: 2013 Interim Results Presentation

    Stock code：1777 2013 Interim Results Presentation August 2013

  2. 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

  3. Slide 3: Section

    Section 1. 1H 2013 Results Overview 2. 1H 2013 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 3

  4. Slide 4: Steady Growth in Contract Sales

    Steady Growth in Contract Sales  Contract sales area for 1H 2013 reached 450,987 sq.m., recorded YoY growth of 16%;  Contract sales for 1H 2013 reached RMB3.67 billion, recorded YoY growth of 10%;  Realized sales target for first half year Contract Sales Contract Sales Area （RMB billion） （sq.m） 3

  5. Slide 5: Steady Profitability

    Steady Profitability  Steady profitability - Gross profit margin: 37.5% - Net profit margin: 11.5% - EPS: RMB0.06  Financial position - Cash on hand: RMB4.2 billion - Net Gearing Ratio: 90.7%  Senior Note Insurance - USD 0.25 billion 10.75% due 2020 in Jan.2013 - RMB1 billion 7.875% due 2016 in M

  6. Slide 6: Steady Profitability

    Steady Profitability June 30 Change % RMB mn 2012 2013 Revenue 1,205 2,751 128.3% Gross Profit 503 1,030 104.8% EBITDA (1) 252 807 220.2% Net profit 201 317 57.7% EPS(RMB) 0.04 0.06 50.0% Gross Profit margin 41.7% 37.5% （4.2pts） EBITDA (1) margin 20.9% 29.3% 8.4pts Net profit margin 16.7% 11.5% （5.2

  7. Slide 7: Healthy and Steady Financial Position

    Healthy and Steady Financial Position RMB mn 31 Dec 2012 30 Jun 2013 Change % Cash(1) 3,496 4,200 20.1% Non-restricted cash 2,788 3,595 28.9% Total assets 24,527 28,785 17.4% Short-term debt 2,452 2,981 21.6% Long-term debt 5,429 7,865 44.9% Total debt 7,881 10,846 37.6% Shareholders’ equity 6,601 6

  8. Slide 8: Section

    Section 1. 1H 2013 Results Overview 2. 1H 2013 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 8

  9. 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 2012 1H 2013 Contract sales breakdown: by product 1H 2012 1H 2013 9

  10. Slide 10: Strategic Project Planning and Execution

    Strategic Project Planning and Execution 1H 2013 Newly Commenced Projects Product GFA City Project Category （sq.m） Huizhou Fantasia Special Town Mid-to-high End 149,981 Guilin Fantasia Town Urban complex 298,619 Guilin Lakeside Eden Boutique Upscale 206,788 Chengdu Long Nian International Center Urb

  11. Slide 11: Strategic Project Planning and Execution

    Strategic Project Planning and Execution 1H 2013 Completed Projects GFA Product City Project Category （sq.m） Dongguan Wonderland Boutique Upscale 75,557 Guilin Fantasia Town Urban complex 108,656 Dali Art Wisdom Mid-to-high End 77,408 Nanjing Yuhuatai Project Urban complex 94,774 Suzhou Lago Paradis

  12. Slide 12: High Quality Land Bank: prudent investment and operations

    High Quality Land Bank: prudent investment and operations Land bank spanning four major regions and 13 core cities of high strategic importance Beijing-Tianjin Metropolitan Region City GFA (sq.m) Percentage Tianjin 710,658 5.3% Beijing 140,000 1.1% The Yangze River Delta Subtotal 850,658 6.4% City G

  13. Slide 13: High Quality and Low Cost Land Bank

    High Quality and Low Cost Land Bank Land bank with use right Product Avg.Cost Product Avg.Cost City Project GFA (sq.m) City Project GFA (sq.m) Category (RMB/sqm) Category (RMB/sqm) Zhizhou Building Project 77,500 Urban Complex 2,754 Belle Epoque 283,304 Boutique upscale 823 Shenzhen Grande Valley 1,

  14. Slide 14: Continuous Expansion of Property Services and Business Operating Capacity

    Continuous Expansion of Property Services and Business Operating Capacity In 1H 2013, our other business such as property operation and hotel services also achieved sustainable growth. Recurrent revenue from property investment, hotel and community services businesses (RMB mn) 1H 2012 1H 2013 14

  15. Slide 15: Maintaining Competitive Team Scale

    Maintaining Competitive Team Scale Maintaining competitive team scale is in line with the expansion of business operations Number of Total Employees Business 2011 2012 2013 Segment Dec 31 Dec 31 June 30 Property Development 738 796 823 Property Operation 5,542 5,912 7,231 Hotel Services 649 794 625

  16. Slide 16: Section

    Section 1. 1H 2013 Results Overview 2. 1H 2013 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 16

  17. Slide 17: Market Outlook - 2013

    Market Outlook - 2013  New PRC government officials aim to maintain a comprehensive stable environment in 2013, especially social stability. The overall objective has been adjusted from maintenance of high economic growth to emphasis on social order and stability  It is expected that the “purchase

  18. Slide 18: Corporate Strategy - 2013

    Corporate Strategy - 2013 By virtue of the solid foundation in the real estate industry, Fantasia transformed to a property services–related enterprise mainly covering : financial service, community service, real estate development, business management, hotel management, cultural tourism and senior

  19. Slide 19: 2013 Target

    2013 Target 2013 Target Contract sales (RMB mn) 10,000 GFA of newly commenced projects ('000 sq.m) 1,520 GFA of completed projects ('000 sq.m) 1,150 GFA of available for sale projects ('000 sq.m) 1,950 * Most of the projects plan to be completed in 2H 2013. 19

  20. Slide 20: Make Life in Style

    Make Life in Style www.cnfantasia.com 20

  21. Slide 21: Section

    Section 1. 1H 2012 Results Overview 2. 1H 2012 Business Review 3. Market Outlook and Corporate Strategy 4. Appendix 21

  22. Slide 22: Appendix I: Contract Sales in 1H 2013

    Appendix I：Contract Sales in 1H 2013 GFA Sold Contract sales ASP City Project (sq.m) （RMB'000） （RMB/sq.m） Future Plaza 25,485 27,218 10,680 Fantasia Town 26,485 12,351 4,663 Funian Plaza 45,123 52,142 11,556 Chengdu Grande Valley 9,866 10,779 10,925 Mont Conquerant 2,177 1,576 7,239 Long Nian Intern

  23. Slide 23: Appendix II: Newly Completed Projects in 1H 2013

    Appendix II：Newly Completed Projects in 1H 2013 GFA City Project Product Category （sq.m) Dongguan Wonderland Phase 2 Boutique upscale residence 75,557 Guilin Fantasia Town Phase 1 Urban complex 108,656 Dali Art Wisdom Mid-to-high end residence 77,408 Nanjing Yuhuatai Project Urban complex 94,774 Suz

  24. Slide 24: Appendix III: Planned Newly Commenced Projects in 2H 2013

    Appendix III：Planned Newly Commenced Projects in 2H 2013 GFA City Project Product Category （sq.m） Shenzhen Zhizhou Building Project Unban Complex 40,000 Dongguan Wonderland Boutique upscale residence 37,774 Tianjin Love Forever Phase 1.4 Mid-to-high end residence 90,000 Suzhou Hailrun Plaza (East si

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