K. Wah International Holdings Limited · HKEX:173
K. Wah International — H1 2010 Earnings Presentation
36 slides from K. Wah International's earnings presentation, Aug 24, 2010
Slide 1: Interim Results 2010
INTERIM RESULTS 2010 24 August 2010
Slide 2: Financial Highlights
2 | Highlights Inancia K. WAH INTERNATIONAL HOLDINGS LIMITED REBARATD 4 F Il
Slide 3: Solid Performance
Solid Performance 2010 2009 (HK$ million) (HK$ million) For six months ended 30 June Revenue 617 1,089 Gross Profit 414 608 Profit Attributable to Shareholders 155 155 Basic EPS (HK cents) 6.25 6.27 Dividend (HK cents) 1 1 3
Slide 4: Sound Financial Position
Sound Financial Position 2010 2009 (HK$ million) (HK$ million) As at 30 June 2010 As at 31 Dec 2009 Total Assets 20,226 18,166 Cash and Bank Deposits 1,851 2,274 Gearing Ratio* 34% 21% NAV per Share (HK$) 3.62 3.60 * The ratio of total loans outstanding less cash and bank deposits to total assets ex
Slide 5: Business Review
5 K. WAH INTERNATIONAL HOLDINGS LIMITED ReEBARAD Business Review =
Slide 6: Property Sales Recognized in 1H2010
Property Sales Recognized in 1H2010 Total sales proceeds of HK$450 million recognized during the reporting period Shanghai Westwood II The Great Hill 6
Slide 7: Prime Property Investments - Shanghai K. Wah Centre
Prime Property Investments - Shanghai K. Wah Centre Type : Grade A office Location : Shanghai CBD GFA : 72,000 sqm Occupancy : Over 95% Rental Income : RMB200million p.a. Major tenants: 7
Slide 8: Momentum Fuelled by Timely Replenishment of Prime Assets
Momentum Fuelled by Timely Replenishment of Prime Assets Assets acquired since late 2009 GFA Location Land Premium Interest (sqm) 2 Grampian Road, Kowloon, Hong Kong HK$260,300,000 6,100 100% 九龍嘉林邊道2號 30 Po Shan Road, Mid-levels, Hong Kong HK$325,000,000 3,000 50% 香港半山寶珊道30號 Pak Shek Kok, Tai Po (Lo
Slide 9: Premium Projects in the Pipeline
Premium Projects in the Pipeline 9
Slide 10: Hong Kong
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Slide 11: Projects in Hong Kong
Projects in Hong Kong 1 Tai Po Town Lot No.186,188 & 201 大埔市地段186號、188號及201號 2 The Great Hill, Shatin 沙田嘉御山 3 2 Grampian Road, Kowloon 九龍嘉林邊道2號 4 Kowloon Inland Lot. No.11073 西九龍海泓道內地段11073號 5 30 Po Shan Road, Mid-Levels 港島半山寶珊道30號 6 J SENSES, Wanchai 灣仔嘉薈軒商場 7 6 Shiu Fai Terrace, Stubbs Road 司徒拔道肇輝
Slide 12: The Great Hill Penthouses & Houses
The Great Hill Penthouses & Houses 嘉御山獨立屋及特色單位 No. of as-is units: 19 apartments & 7 houses (as of 30 June 2010) Remaining GFA: 8,585 sqm 12
Slide 13: 6 Shiu Fai Terrace, Stubbs Road
6 Shiu Fai Terrace, Stubbs Road 司徒拔道肇輝台6號 司徒拔道肇輝台 號 Type: High-end residential development GFA: 6,340 sqm No. of units: 24 Unit size: Over 3,500 sq ft 13
Slide 14: Aberdeen Inland Lot No. 451
Aberdeen Inland Lot No. 451 香港仔惠福道內地段451號 香港仔惠福道內地段 號 Type: Luxurious sea view residence Location: Welfare Road, Aberdeen, Hong Kong GFA: 60,000 sqm (35% owned) Progress as of Aug 2010 14
Slide 15: Kowloon Inland Lot No. 11073
Kowloon Inland Lot No. 11073 香港西九龍海泓道內地段11073號 香港西九龍海泓道內地段 號 Type : Residential / Commercial Location : Hoi Wang Road, West Kowloon, Hong Kong GFA : 60,500 sqm (15% owned) Progress as of July 2010 16 15
Slide 16: Tai Po Town Lot No. 186, 188 and 201
Tai Po Town Lot No. 186, 188 and 201 香港大埔市地段186號 香港大埔市地段 號、188號及 號及201號 號及 號 Type : Residential Location : Pak Shek Kok, Tai Po, New Territories, Hong Kong GFA : 66,500 sqm (Lot No. 186 – 15% owned) 69,700 sqm (Lot No. 188 – 25% owned) 67,000 sqm (Lot No. 201 – 15% owned) Lot No. 186 Lot No. 188 Pro
Slide 17: 30 Po Shan Road, Mid-levels
30 Po Shan Road, Mid-levels 香港半山寶珊道30號 香港半山寶珊道 號 Type : Residential Location : Po Shan Road, Mid-levels GFA : 3,000 sqm (50% owned) 17
Slide 18: 2 Grampian Road, Kowloon
2 Grampian Road, Kowloon 九龍嘉林邊道2號 九龍嘉林邊道 號 Type : Residential Location : Grampian Road, Kowloon Tong, Hong Kong GFA : 6,100 sqm 18
Slide 19: Shanghai
Shanghai 19
Slide 20: Projects in Shanghai
Projects in Shanghai 1 Shanghai Westwood 慧芝湖花園 2 Jingan District Project 靜安區嚴家宅項目 3 Xuhui District Project 徐匯區建國西路項目 4 Shanghai K. Wah Centre 上海嘉華中心 5 Minhang District Project 閔行區項目 6 Zhujiajiao, Qingpu District 20 青浦區朱家角地塊
Slide 21: Shanghai Westwood II
Shanghai Westwood II 嘉寧薈(上海慧芝湖花園第二期 嘉寧薈 上海慧芝湖花園第二期) 上海慧芝湖花園第二期 No. of remaining units: 31 (as of 30 June 2010) Remaining GFA: 5,146 sqm 21
Slide 22: Shanghai Westwood III
Shanghai Westwood III 上海慧芝湖花園第三期 Type: Large-scale residential development and serviced apartments GFA: 100,000 sqm No. of units: Approx. 1,000 Progress as of Aug 2010 22
Slide 23: Jianguoxi Road, Xuhui District Project
Jianguoxi Road, Xuhui District Project 徐匯區建國西路高級住宅/ 徐匯區建國西路高級住宅/服務式公寓項目 Type: High-end residential units and serviced apartments Style: Pinnacle of French design embracing the ambience of old Shanghai GFA: 140,000 sqm Type No. of Units High-end residential 530 units Serviced apartments 400 units 23
Slide 24: Jianguoxi Road, Xuhui District Project
Jianguoxi Road, Xuhui District Project 徐匯區建國西路高級住宅/ 徐匯區建國西路高級住宅/服務式公寓項目 Ten towers have been topped out as of Aug 2010 Progress as of Aug 2010 24
Slide 25: Yanjiazhai, Jingan District Project
Yanjiazhai, Jingan District Project 靜安區嚴家宅豪華住宅項目 Type: Contemporary luxury residential development Style: Glamorous façade and avant-garde for those with a taste for modern living GFA: 100,000 sqm 25
Slide 26: Yanjiazhai, Jingan District Project
Yanjiazhai, Jingan District Project 靜安區嚴家宅豪華住宅項目 Four towers have been topped out as of Aug 2010 26
Slide 27: Shanghai Minhang District Project
Shanghai Minhang District Project 上海閔行區高級商住綜合項目 Type: Luxurious Integrated Development Location: Wujing, Minhang District GFA: 168,000 sqm Progress as of Aug 2010 29 27
Slide 28: Zhujiajiao, Qingpu District, Shanghai
Zhujiajiao, Qingpu District, Shanghai 上海青浦區朱家角地塊 Type: Residential Location: Plot B3, B4 Zhujiajiao, Qingpu District, Shanghai GFA: 70,000 sqm 28
Slide 29: Guangzhou
Guangzhou 29
Slide 30: Projects in Guangzhou
Projects in Guangzhou 1 Huadu Jianshebei Road Project 花都建設北路高級住宅項目 2 Huadu Airport CBD Project 花都新華鎮機場 CBD 項目 3 Huadu Mega Integrated Project 30 花都新華鎮超大型國際社區項目
Slide 31: Huadu Airport CBD Project Phase 1
Huadu Airport CBD Project Phase 1 花都新華鎮機場CBD項目第一期 花都新華鎮機場 項目第一期 (五星級酒店 五星級酒店/寫字樓 五星級酒店 寫字樓) 寫字樓 Type: Integrated development GFA: 323,000 sqm Type Facilities / Scale 5-star business hotel Comprises of 300 rooms, 2,000 sqm of meeting space (Crowne Plaza including a 1,200-seater ballroom, a fitness ce
Slide 32: Huadu Jianshebei Road Project
Huadu Jianshebei Road Project 花都建設北路高級住宅項目 Type: High-end Residential Development Location: Downtown Huadu GFA: 46,000 sqm Progress as of July 2010 37 32
Slide 33: Guangzhou Huadu Mega Integrated Project
Guangzhou Huadu Mega Integrated Project 廣州花都新華鎮超大型國際社區項目 Type: Large-scale integrated community Location: Xinhua Town, Huadu, Guangzhou 33
Slide 34: Strategy & Outlook
Strategy & Outlook LDINGS LIMITED
Slide 35: Strategically Poised for Sustained Growth
Strategically Poised for Sustained Growth Growth Drivers Continue to explore business Hong Kong Continue to build opportunities in Shanghai niche and premium Yangtze River Delta products and Pearl River Guangzhou Delta regions Achieve an optimum property Projects on portfolio mix of schedule to deli
Slide 36: Thank You
Hl K. WAH INTERNATIONAL HOLDINGS LIMITED ! = FA ReeARAD Thank You
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