A-living Smart City Services Co., Ltd. Class H · HKEX:3319
A-living Smart City Services Co., Ltd. Class H — FY2023 Earnings Presentation
17 slides from A-living Smart City Services Co., Ltd. Class H's earnings presentation, 2024
Slide 1: Annual Results Presentation
A-LIVING SMART CITY SERVICES CO., LTD. 3319.HK 2023 Annual Results Presentation
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements. Any such forward-looking statements are based on a number of assumptions about the operations of the A-Living Smart City Services Co., Ltd. (the “Company”) and factors beyond the Company's control and are subject to significant ris
Slide 3: Results Highlights
Pema SAS HIGHLIGHTS —.———_—§—
Slide 4: Results Highlights
Results Highlights Focusing on main Scaling up steadily business Focusing on main business, A-Living recorded stable revenue, Industry-leading mgmt scale improved cash flow and continued to distribute dividend • Contracted GFA: ~767 mn sq.m. Revenue 15,443.4 mn +0.4% • GFA under mgmt: ~591 mn sq.m.
Slide 5: Financial Summary
FINANCIAL SUMMARY —.———_—§—
Slide 6: Financial Summary
Financial Summary RMB mn 2023 % of revenue 2022 % of revenue Change Revenue 15,443 15,379 +0.4% Cost of sales (12,798) (82.9%) (11,995) (78.0%) +6.7% Gross profit 2,646 3,384 -21.8% Gross profit margin 17.1% 22.0% -4.9 p.p. Net impairment losses on trade (535) (466) +14.9% and other receivables Impa
Slide 7: Breakdown of Revenue and Profit
Breakdown of Revenue and Profit （RMB mn） +7.8% Revenue of non-cyclical businesses 2022 2023 Revenue Mix +0.4% as a whole up 6.3% YoY 10,807 10,029 15,379 15,443 Non-cyclical businesses Extended VAS -46.6% Revenue +0.6% +5.5% 11% 6% 2,334 2,320 1,315 1,387 1,715 915 89% 94% % of PM Services Property
Slide 8: Balance Sheet Overview
Balance Sheet Overview RMB mn As of 31 Dec 2023 As of 31 Dec 2022 Change Total assets 24,051 22,702 +5.9% Total liabilities 9,601 8,577 +11.9% Total equity 14,449 14,125 +2.3% Current assets 16,488 15,301 +7.8% Cash and cash equivalents 4,075 3,799 +7.3% Current Ratio 182.3% 186.9% -4.6 p.p. 8
Slide 9: Business and Operation Review
03 BUSINESS AND O P E R AT I O N R E V I E W 9
Slide 10: Steady Growth in Scale & Quality Enhancement
Steady Growth in Scale & Quality Enhancement Balanced Portfolio Nationwide Presence (mn sq.m.) 31/12/2022 31/12/2023 • Adhering to the market-oriented approach, A-Living has • A nationwide presence with a high concentration in developed a comprehensive mgmt portfolio covering residential economicall
Slide 11: Market-Oriented Development with Quality First
Market-Oriented Development with Quality First Commercial Growth driven by market Residential and enterprise expansion • Continued to implement the “city-specific” and “service classification” strategies, adjusted market expansion approach promptly according to market conditions, and targeted projec
Slide 12: Diversified Development Centered around Main Business
Diversified Development Centered around Main Business Centering around main business, A-Living develops diverse businesses along the value chain on a selective basis, with a particular emphasis on profitability and sustainability VAS to property City services owners Refined business structure Focuse
Slide 13: Efficiency Improvement across Group & Empowerment through Technology
Efficiency Improvement across Group & Empowerment through Technology Improved operational and management efficiency by adhering to the strategy of “brand enhancement, steady development, enhancing competence, facilitating integration” Enhanced brand strength Improved digitalized operation • Continue
Slide 14: Outlook
OUTLOOK —.———_—§—
Slide 15: Refocusing on the Essence of Operation and Growth
Refocusing on the Essence of Operation and Growth High-quality expansion of Selective development Strategic development of property mgmt market of VAS city services • High-quality expansion • Instead of pursuing scale at all costs, we will obtain • Sustainable businesses in focus • Asset-light model
Slide 16: Refocusing on the Essence of Service and Management
Refocusing on the Essence of Service and Management Enhancement of quality Empowerment through digitalized operation Further integration within the organization • Enhance our professional capabilities and quality • Improve the level of standardization through • Optimize the Group’s structure and con
Slide 17: Lifelong Caring for You, Heartwarming Service to City
A-Living Smart City Services Co., Ltd. Lifelong Caring for You Heartwarming Service to City
A-Living Smart City Services — FY2023 Earnings Presentation on 6ix