No Va Land Investment Group Corp. · HOSE:NVL
No Va Land Investment — Q3 2021 Earnings Presentation
32 slides from No Va Land Investment's earnings presentation, Nov 2, 2021
Slide 1: Earnings Presentation 3Q2021
EARNINGS PRESENTATION 3Q2021
Slide 2: Agenda
01. MARKET HIGHLIGHTS NOVALAND’S PROJECTS UNDER 02. DEVELOPMENT 03. FINANCIAL HIGHLIGHTS 04. OPERATIONS
Slide 3: Disclaimer
DISCLAIMER This document and any related presentations have been prepared by No Va Land Investment Group Corporation (“Novaland” or the “Company”) solely for use at its presentation to prospective investors and may not be taken away, reproduced or redistributed to any other person. By attending this
Slide 4: Market Highlights
01. Bat MARKET HIGHLIGHTS
Slide 5: Vietnam's Economy Severely Impacted Yet Expected a Rebound
VIETNAM’S ECONOMY SEVERELY IMPACTED YET EXPECTED A REBOUND 9M2021 GDP up 1.42% compared to 9M2020 GDP Growth in 9M 2021 (%) (q-o-q) GDP Growth among 5 ASEAN countries • Vietnam’s 9M/2021 GDP 6 8 3.8 3.5 3.2 3.2 growth grew by 1.42% y-o-y 6.96 7.04 4 2.9 7 6.53 6.41 due to social distancing. 6.03 2 1
Slide 6: Q3 2021: Social Distancing Due to COVID Prevention
Q3 2021: SOCIAL DISTANCING DUE TO COVID- 19 PREVENTION To prevent the spread of COVID-19 pandemic, Vietnam has carried out strict social distancing since July 2021 Doses Given: 77.4M (*) Fully vaccinated: 22.2M % of population fully vaccinated: 23.0% INVESTOR RELATION Vaccination for 780,000 childre
Slide 7: HCMC: A Quiet Quarter with Very Limited New Launch
HCMC: A QUIET QUARTER WITH VERY LIMITED NEW LAUNCH HCMC Condominium, Q3 2021 HCMC Landed Property, Q3 2021 Lowest new supply since 2014 • New launch reached 1,600 condo units in Q3/2021, reduced by 73% q-o-q and 67% y- o-y. CONDOMINUM: New supply • Sales events are delayed due to the and sold units
Slide 8: New Supply Concentrated in Major Development Clusters
NEW SUPPLY CONCENTRATED IN MAJOR DEVELOPMENT CLUSTERS The rise of Condo in the metropolitan area of HCMC in Q3 2021 Binh Duong Apartment 879 units 25% Dong Nai 14,000 246 units 11,369 11,706 12,000 HCMC 7% 13 projects (incl. 3 new launches and 10,000 9646 9261 Long An 2,250 units 10 new phases) 8,00
Slide 9: Hospitality Market Witnesses Positive Signs Despite the Outbreak
HOSPITALITY MARKET WITNESSES POSITIVE SIGNS DESPITE THE OUTBREAK New supply in Q3/2021 Villa: New supply by region 5% 1% Villa 900 9% 800 29% 700 14% 600 500 400 300 25% 17% Transaction 200 100 recorded in 0 Q3/2020 Q4/2020 Q1/2021 Q2/2021 Q3/2021 Binh Thuan Phu Quoc Binh Dinh Quang Nam big develope
Slide 10: Legal Updates
LEGAL UPDATES • The HCMC DONRE has • Provided LURC to • Decree No. 148/2020/ND- • Provided LURC to sufficiently provided 1,000 several projects in CP allows the allocation Novaland's Saigon Royal. residents' LURC which HCMC, including and leasing of small • SPA signing for Aqua City’s belongs to 16
Slide 11: Infrastructure Development in 3Q2021
INFRASTRUCTURE DEVELOPMENT IN 3Q2021 PHAN THIET – DAU GIAY EXPRESS BIEN HOA – VUNG TAU EXPRESS WAY WAY - Good construction/ disbursement - Sep. 2021: Approval from the Prime progress. Minister on investment plan via PPP. - Aug. 2021: 88% of 2021 plan. THU THIEM BRIDGE NO.2 - Sep. 2021: Connection of
Slide 12: Novaland's Projects Under Development
02. NOVALAND’S PROJECTS UNDER DEVELOPMENT
Slide 13: Aqua City
AQUA CITY Aqua City Aqua Riverside City Phoenix Island Construction Done Done 4Q2021 Permits: 58 sample model houses (5 interior-finished Completed: units), Clubhouse Forest, Park 1, parks in internal Clubhouse, outdoor sport area, marina areas, protection embankment Infrastructure, shopping mall, t
Slide 14: NovaWorld Phan Thiet
NOVAWORLD PHAN THIET Villas and clubhouse Shop houses Amenities Construction Done Done Done Permits: 1st phase: 100% Infrastructure: 94% 95% 2nd phase: 56% Clubhouses: 90% Finished: Ocean golf, sport fields (1st phase) Under 115 units finished Villas: 272 units finished, 259 units constructed Ongoin
Slide 15: NovaWorld Ho Tram
NOVAWORLD HO TRAM Tropicana Habana Construction Done 3Q2022 Done Permits: Sample model houses: 04 villas and 17 shop Villas (86%), shop houses (seaside 100%, Completed: houses; amenities, sales gallery, landscape, hillside 85%),Ocean Pool, lagoon, Koko coffee embankment Infrastructure: Under constru
Slide 16: New Phases
NEW PHASES NovaWorld Phan Thiet – Ocean Residence Total area: 57 hectares Safe and private residence with the view towards the ocean on the height of 60 – 80 meters above the sea level. Launching time: October 2021
Slide 17: Financial Highlights
03. FINANCIAL HIGHLIGHTS
Slide 18: Summary: 9M2021 Strong Presales Results
SUMMARY 9M2021 – STRONG PRESALES RESULTS Business Performance (USD m) 3Q2021 3Q2020 Y-o-Y Change 5,021 UNITS ~72% TARGET OF 2021 Revenue 152 96 59% Gross Profit Margin 49% 39% +11 ppt CONTRACTUAL VALUE Total Assets 8,053 5,661 42% ~USD2.4 BILLION Inventories 4,632 3,473 33% NPAT 23 93 -75% Capital M
Slide 19: Financial Highlights – Revenue Up 77% Y-o-Y
FINANCIAL HIGHLIGHTS – REVENUE UP 77% Y-O-Y Net Revenue (USD m); CAGR 2016 – 2020: 3% Gross Profit (USD m); CAGR 2016 – 2020: 35% REVENUE GROWTH: 28% 34% 29% 62% 62% 45% 77% Y-O-Y 1,181 226 227 221 172 669 143 138 509 478 494 367 278 2017 2018 2019 2020 2021F 9M2020 9M2021 2017 2018 2019 2020 9M2020
Slide 20: Balance Sheet Snapshot
BALANCE SHEET SNAPSHOT Total Assets (USD m); CAGR 2016 – 2020: 41% Inventories (USD m); CAGR 2016 – 2020: 53% 8,053 4,632 3,801 322 6,324 266 1,722 2,503 3,937 1,327 3,024 1,362 261 4,310 2,127 822 6,331 1,114 3,535 362 833 4,997 45 526 2,242 3,115 1,070 1,765 2,191 836 2017 2018 2019 2020 9M2021 20
Slide 21: Key Credit Metrics
KEY CREDIT METRICS Profitability Ratio Remained High (%) Liquidity Remained Healthy (times) 62 3.79 3.63 3.59 34 45 28 29 47 1.79 1.79 31 21 23 14 2017 2018 2019 2020 9 M2 0 2 1 2017 2018 2019 2020 9M2021 Net profit margin Gross profit margin Current ratio Stable Leverage Ratios (times) Interest Cov
Slide 22: Debt Profile
DEBT PROFILE Debt Maturity Schedule (USD m) Debt By Currency Mix (%) 2021 2022 2023 After 2023 10,000 900 USD 27% 9,000 800 805 8,000 773 700 694 7,000 600 6,000 500 VND 73% 5,000 400 4,000 300 Debt Structure (%) 3,000 2,000 200 195 1,000 100 0 0 Loans 41% Bonds 59% 2021 2022 2023 After 2023 Total 7
Slide 23: Presales Recorded Amid Severe Lockdown
PRESALES RECORDED AMID SEVERE LOCKDOWN Presales Performance (Units) Unbilled Revenue (USD b) 1.2 0.3 7,000 0.6 6.4 6.7 0.7 6,367 5,084 633 0.5 5.3 0.4 4.7 1,900 0.1 5,084 4,388 4.0 2,569 3.5 3,184 2.9 2.9 3.1 1,364 1.7 1.6 1,098 1,820 1,819 1,819 722 722 2017 2018 2019 1Q2020 2Q2020 3Q2020 4Q2020 1Q
Slide 24: Handed Over Projects in 3Q2021
HANDED OVER PROJECTS IN 3Q2021 NOVAHILLS MUI NE NOVAWORLD PHAN THIET NOVAWORLD HO TRAM SAIGON ROYAL
Slide 25: Operations
04. 04. OPERATIONS OPERATIONS
Slide 26: Launching & Experiencing Events
LAUNCHING & EXPERIENCING EVENTS AQUA CITY – SUN HARBOR AQUA CITY – AQUA MARINA NVW PHAN THIET NVW HO TRAM Livestream Aqua Green Lifestyle Attractive sales programs and incentives
Slide 27: Launching & Experiencing Events | Novaland Sales Gallery
LAUNCHING & EXPERIENCING EVENTS | NOVALAND SALES GALLERY
Slide 28: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY 500+Bil VND Actively participate in social activities and volunteering, which is an enlightened culture since Novaland’s establishment. “ With the vision of “The leader of Real Estate - Creating tourist destinations - Developing transport infrastructure”, we are respo
Slide 29: Utility – Service Ecosystem
UTILITY – SERVICE ECOSYSTEM Source: Company information
Slide 30: Perfecting NovaGroup Ecosystem
PERFECTING NOVAGROUP ECOSYSTEM
Slide 31: Awards & Upcoming IR Activities
AWARDS & UPCOMING IR ACTIVITIES BEST COMPANIES TO WORK FOR ANALYST - INVESTOR TOUR IN ASIA 2021 NOVAWORLD PHAN THIET (Nov-Dec 2021)
Slide 32: Thank You
N@VA CHO CUGC SONG BUNG SANG CAM ON
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