Ying Li International Real Estate Limited · SGX:5DM

Ying Li International Real Estate — Q3 2013 Earnings Presentation

20 slides from Ying Li International Real Estate's earnings presentation, 2013

  1. Slide 1: 3Q 2013 Results Presentation

    Chongqing Jiefangbei CBD 3Q 2013 Results Presentation

  2. Slide 2: Disclaimer

    Disclaimer This presentation may contain forward-looking statements that involve known and unknown risks, uncertainties, assumptions and other factors which may cause the actual results, performance or achievements of Ying Li or the Group, or industry results, to be materially different from any fut

  3. Slide 3: Agenda

    Agenda 1. Financial Results 2. Business Updates 3. Appendix 3

  4. Slide 4: Financial Results

    Financial Results AMME EE

  5. Slide 5: 3Q 2013 – Consolidated Income Statement

    3Q 2013 – Consolidated Income Statement 3Q 2013 (RMB’000) 3Q 2012 (RMB’000) % CHANGE Revenue 28,209 160,078 (82.4%) Sales of Properties - 136,813 (100.0%) Rental Income 28,209 23,265 21.3% Gross Profit 22,212 54,432 (59.2%) Gross Profit Margin 78.7% 34.0% +44.7pp Other Income 1,003 649 54.5% Selling

  6. Slide 6: Revenue Contribution

    Revenue Contribution Sales Revenue (RMB million) 600 547.1 501.2 500 400 300 200 139.0 125.0 136.8 107.6 76.7 62.3 100 31.2 0 0 FY 10 FY 11 FY 12 9M 13 1Q 12 1Q 13 2Q 12 2Q 13 3Q 12 3Q 13 Rental Revenue (RMB million) 100 84.0 82.1 80 +21.3% 60 28.2 45.7 46.4 26.8 27.1 23.3 40 20.3 13.4 20 0 FY 10 FY

  7. Slide 7: Note – Consolidated Income Statement

    Note – Consolidated Income Statement Revenue Sale of Properties • Fewer properties being available for sale as the bulk of our completed projects were sold in prior periods. The profile of booked property sales being experienced is common with an initial surge, a more constant streaming and as the n

  8. Slide 8: 3Q 2013 – Statement of Financial Position

    3Q 2013 – Statement of Financial Position (RMB’000) 30 Sep 13 31 Dec 12 Total Assets 8,011,787 7,375,119 Total Liabilities 4,810,071 4,141,761 Total Equity 3,201,716 3,233,358 Cash and Cash Equivalents 796,806 758,974 Net Gearing Ratio 62.0% 54.5% Total Debts to Total Asset 34.7% 34.2% • Increase in

  9. Slide 9: Business Updates

    Business Updates 9

  10. Slide 10: Business Updates – Ying Li IFC Office

    Business Updates – Ying Li IFC Office Ying Li IFC Office • Leasing activities continue to progress smoothly. High Zone Office  New tenants include: Leased / Sold 51.2% o Chongqing Home of Full Green Industry Group o Zhejiang Tairan Asset Management Co., Ltd Mid Zone Office Office Leased / Sold Aver

  11. Slide 11: Business Updates – Ying Li IFC Mall

    Business Updates – Ying Li IFC Mall Ying Li IFC Retail Mall • New tenants:  Karvin Max （卡芬美钻） o A leading domestic Chinese jeweller that specializes in diamonds, gemstones and jades  Eve’s Temptation（夏娃的诱惑） o Leading specialty retailer of lingerie and apparels  Elephant & Castle Café & Restaurant

  12. Slide 12: Business Updates – Ying Li International Plaza

    Business Updates – Ying Li International Plaza Ying Li International Plaza Construction Progress Block 2 (SOHO) Block 3 Block 1 Block 1 (Resi) (Office) (Office) Block 3 Block 4 (Resi) (Resi) Retail Podium *Photos as at Nov 2013 • Completed all the necessary statutory procedures for the handing over

  13. Slide 13: Business Updates – Ying Li International Plaza (cont.)

    Business Updates – Ying Li International Plaza (cont.) Ying Li International Plaza Retail Mall Ying Li International Plaza Mall (Commercial) Total leasable GFA = 98,439 m2 Contracted Leased Rate = 71.9% Expected to open in 4Q 2013 *Photos as at Nov 2013 • Construction progressing smoothly at Ying Li

  14. Slide 14: Business Updates – Ying Li International Plaza (cont.)

    Business Updates – Ying Li International Plaza (cont.) Ying Li International Plaza Pre-Sales % Units Sold (to date) 99.2% 98.0% 99.4% 93.0% ASP = RMB14,000/m2 Cumulative Contracted ASP to-date = RMB11,000/m2 (Net Sellable Area) Cumulative contracted pre-sales to-date = RMB945 mil 30.1% Phase 1 Phase

  15. Slide 15: Business Updates – San Ya Wan Phase 2

    Business Updates – San Ya Wan Phase 2 San Ya Wan Phase 2 *Photos as at Nov 2013 • Ongoing earthworks at San Ya Wan Phase 2 • Commenced the beam foundation construction for residential townhouses units • Started on project design and expect to complete the project in stages in 2015 to 2016 15

  16. Slide 16: Business Updates – Chongqing Financial Street Project

    Business Updates – Chongqing Financial Street Project Chongqing Financial Street Project • Completed the subway track protection construction • Ongoing beam foundation construction • Commenced construction of the basement level at Jian Fa Liang Yuan land parcel • Ongoing resettlement at the adjacent

  17. Slide 17: Thank You

    Thank You For further information, please contact: Investor Relations Tel : (65) 6334 9052 Email : ir@yingligj.com Please visit our website at www.yingligj.com for more information. 17

  18. Slide 18: Appendix

    Appendix 18

  19. Slide 19: Chongqing Economic indicators

    Chongqing Economic indicators Chongqing 3Q 2013 Economic Indicators Indicators Unit Value Change y-o-y (%) GDP RMB billion 863.71 12.4% Industrial Output RMB billion 1,103.05 13.6% Fixed Asset Investment RMB billion 453.12 21.3% Foreign Direct Investment (FDI) US$ billion 5.35 27.2% Retail Sales RMB

  20. Slide 20: Chongqing’s Property Landscape

    Chongqing’s Property Landscape • Chongqing’s Property Landscape for 3Q 2013 • Chongqing Grade A office rental rate decreased 1.35% q-o-q to RMB 94.68 per sq.m per month ^ • Yuzhong district Grade A office rental rate slide marginally of 0.47% q-o-q to RMB 98.76 per sq.m per month ^ • Overall office

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