Pan Hong Holdings Group Limited · SGX:P36
Pan Hong — Pan Hong Property Group — FY2012 Earnings Presentation
18 slides from Pan Hong's earnings presentation, May 2012
Slide 1: Pan Hong Property Group Full Year FY2012 Results Presentation
Fuzhou Hua Cui Ting Yuan PAN HONG PROPERTY GROUP Full Year FY2012 Results Presentation 1
Slide 2: Table of Contents
Table of Contents Business Review Financial Highlights Status of Ongoing Projects Future Developments and Land Reserves Company Outlook and Strategy 2
Slide 3: Business Review
BUSINESS REVIEW Fuzhou Hua Cui Ting Yuan 3
Slide 4: Business Review
Business Review The Group launched its latest development in Jiangxi Province, Yichun Royal City (Phase 1) The Group has proposed final dividend of SGD$0.01 per share subject to approval of shareholders to be obtained at forthcoming Annual General Meeting Gross profit Margin has improved to 42.8% du
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS ee.
Slide 6: Financial Highlights
Financial Highlights Revenue (RMB'000) NAV/Share (RMB) 3.45 768,767 2.64 564,857 577,384 2.19 432,684 1.61 1.52 39,859 FY2007 FP2008/2009 FY2010 FY2011 FY2012 FY2007 FP2008/2009 FY2010 FY2011 FY2012 Profit after tax (RMB’000) Gearing Ratio 28.2% 235,460 185,669 170,679 177,624 15.0% 13.8% 13.7% 0.15
Slide 7: Financial Highlights
Financial Highlights RMB ('000) FY2012 FY2011 Change Revenue 577,384 768,767 (24.9%) Gross profit 246,901 300,485 (17.8%) Gross profit margin 42.8% 39.1% 3.7 pts Operating profit 313,639 345,522 (9.2%) Profit before income tax 306,985 340,575 (9.9%) Profit after tax 177,624 235,460 (24.6%) EPS (RMB
Slide 8: Revenue
Revenue Revenue Analysis by business segments (RMB’000) Revenue Analysis by geographical segments (RMB’000) 161,938 62,203 21.1% 11% 185,664 32.2% 606,829 78.9% 515,181 391,720 89% 67.8% FY2011 FY2012 Commercial Units and others Residential Zhejiang region Jiangxi For FY2012, the revenue was contrib
Slide 9: Sound Financial Position
Sound Financial Position RMB ('000) As at 31 Mar 2012 As at 31 Mar 2011 Change Cash and bank balances 144,786 223,069 (78,283) Bank and other loans 40,743 364,779 (324,036) Net current assets 1,458,973 1,096,254 362,719 Total equity 1,776,823 1,361,207 415,616 Gearing ratio 0.15% 15.0% (14.9 pts) Fi
Slide 10: Status of On-Going Projects
STATUS OF ON-GOING PROJECTS 10 Nanchang Honggu Kaixuan
Slide 11: Status of on-going projects
Status of on-going projects • Total unbilled sales as at 18 May 2012 RMB 387.0m Residential Fuzhou Hua Cui Ting Yuan P1 Nanchang Honggu Kaixuan P2 Location Jiangxi Location Jiangxi % sold 80% % sold 98% Unbilled sales^ RMB183.8m Unbilled sales RMB18.0m ASP per sq m RMB4,914 ASP per sq m RMB7,567 Y
Slide 12: Future Developments and Land Reserves
FUTURE DEVELOPMENTS AND LAND RESERVES Yichun Royal Lake City 12
Slide 13: Future Developments
Future Developments Projects Location 2012 2013 2014 2015 2016 2017 2018 2019 Huzhou Hua Cui Ting Yuan P2 Zhejiang Huzhou Runyuan Project Zhejiang Fuzhou Hua Cui Ting Yuan P2 and 3 Jiangxi Nanchang Dingxun Project P1 to 5 Jiangxi Leping Projects P1 to 3 Jiangxi Yichun Royal Lake City Project Jiangxi
Slide 14: Land Reserves
Land Reserves Project Equity Location Est. GFA Expected Completion Date (sq m) 1 Huzhou Hua Cui Ting Yuan 100% Zhejiang 55,000 CY2015 Phase 2 2 Fuzhou Hua Cui Ting Yuan 100% Jiangxi 177,871 Phase 2: 4QCY2013 Phase 2 and 3 Phase 3: 4QCY2014 3 Huzhou Runyuan Project 100% Zhejiang 216,000 CY2014 4 Nanc
Slide 15: Company Outlook and Strategy
COMPANY OUTLOOK AND STRATEGY Nanchang Dingxun 15
Slide 16: Company Outlook & Strategy
Company Outlook & Strategy The Group will closely monitor any development or changes in the property market and stay nimble and astute in timing its development and launches of sales of residential and commercial properties to maintain healthy cash flow In response to strong interest in Fuzhou H
Slide 17: Contact
Contact Pan Hong PANH SP Equity Last price (25 May 2012) S$ 0.295 Issued shares 515,395,024 (excluding treasury shares) Market capitalization S$152,041,532 Free float (%) 37.24% P/E (Historical) 5.1 times Major shareholders : Substantial Shareholders: 1. Extra Good - 55.88% 2. Wong Lam Ping - 3.95%
Slide 18: Nanchang Dingxun
Reiter ee Pan Hong Property Group p »- Nanchang Dingxun
Pan Hong Property Group — FY2012 Earnings Presentation on 6ix