Sinyi Realty Inc. · TWSE:9940
Sinyi Realty — Q2 2025 Earnings Presentation
22 slides from Sinyi Realty's earnings presentation, 2025
Slide 1: Sinyi Realty Inc. 2025Q2 Investors' meeting
Sinyi Realty Inc. 2025Q2 Investors 'meeting Chen, Chih-Huan, Chief Finance Officer Cheng, Jin-De, manager of real estate research department
Slide 2: Outline
Outline Operational highlights Q2 financials and financial indicators Operational Results Real estate brokerage business and other business Financial Results Significant changes of assets, liabilities and equities Forward-looking Market prediction and corresponding actions 2
Slide 3: Disclaimer
Disclaimer The information herein and the presentation made during the conference contain forward-looking statements and are provided for information purposes only. Neither Sinyi Realty Inc. nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statemen
Slide 4: 2025Q2 Operational highlights
2025Q2 Operational highlights Consolidated revenue NT$2,293 Million YoY -47%, mainly due to continued tightening of housing market, resulting in a significant decline in brokerage business revenue. Net income after tax NT$(119 Million) YoY -117%, due to a sluggish market and a decline in transaction
Slide 5: Revenue contribution by business segment
Operational Results Revenue contribution by business segment 2025Q2 2024Q2 Japan Japan China (non-development China (development subsidiaries) 4% 8% subsidiaries) 1% Domestic non- China (non-development 2% development Domestic non- subsidiaries) subsidiaries development 1% 3% subsidiaries Sinyi Real
Slide 6: Quarterly Performance
Quarterly Performance Operational Results Consolidated Revenue (In 100 million NTD) 2025Q2 vs 2025Q1 42.86 Description：Despite a general market slowdown, the company 29.58 achieved revenue growth in Q2 2025 compared to Q1 2025, 23.99 22.13 22.93 reflecting steady operational fundamentals and signali
Slide 7: Store Count
Operational Results Store Count As of 2025.07 Taoyuan- Hsinchu area FY2025 65 FY2024 66 Taipei Metro Area FY2025 258 Taichung area FY2024 261 FY2025 73 FY2024 77 Tainan-Kaohsiung area Total FY2025 60 FY2025 456 FY2024 61 FY2024 465 7
Slide 8: Development Projects of Sinyi's Subsidiaries
Operational Results Development Projects of Sinyi’s Subsidiaries Accumulated Total 2025Q2 (As of June 30, 2025) Project Available Rate of Delivered Revenue Delivered Revenue Units sale Units Recognized Units Recognized Jia-Pin 114 100% - - - - Sanshui Jiating NT$ NT$ 608 70% 424 - (Wuxi) 6.488B 2M J
Slide 9: Development Schedule of East Malaysia Tourism Business
Operational Results Development Schedule of East MalaysiaTourism Business 1. Schedule on Hotel in Melinsung 2024 2027H2 Begin Hotel Grand opening of construction Hotel Mainly carrying out structural construction works (1st or 2nd floor) and reviewing decoration project operations. 2. Development sch
Slide 10: Balance Sheet Highlights
Financial Results Balance Sheet Highlights As of June 30th 2025 vs December 31st 2024 Cash and cash equivalents An increase of NT$774 million, mainly due to operating surplus of NT$545 million, a net increase of NT$1,715 million in borrowings and a decrease of NT$1,324 million due to the payment of
Slide 11: Corresponding Strategy
Forward-looking Corresponding Strategy Market Atmosphere Real Estate Brokerage Business The Central Bank's policy has not been Strategy in Taiwan relaxed, but with the tariff bottom, the Implement the“Sales Dream Fulfillment wait-and-see atmosphere has gradually Action Plan”to help salesperson achie
Slide 12: 2025H2 Market Prediction
Forward-looking 2025H2 Market Prediction Tariff uncertainty has gradually eased, and the housing market is cooling and returning to a more rational state. As mortgages lending remain relatively tight, and the current period of bank self-regulation is set to expires at the end of the year, buyers
Slide 13: Appendix: Financial figures
Appendix：Financial figures Income Statement Analysis Inventory details Balance Sheet Analysis Cash flow details 13
Slide 14: Appendix I – Profit and Loss YoY Variance
Appendix I 2025Q2 2024Q2 Diff. Diff(%) YoY Variance Net sales 2,292,616 4,285,552 (1,992,936) -47% – Profit and Loss Operating cost 1,882,731 2,921,518 (1,038,787) -36% Gross Profit 409,885 1,364,034 (954,149) -70% Operating expense 414,880 499,992 (85,112) -17% Operating profit (4,995) 864,042 (869
Slide 15: Appendix II – Asset (Current Assets)
Appendix II YoY Variance 2025.6.30 2024.12.31 Diff. Diff(%) –Asset Current Assets Cash & Cash 4,979,718 4,205,337 774,381 18% equivalents Financial Assets at Fair 1,266,816 1,345,620 (78,804) -6% Value through P&L Trade & Notes 1,090,536 1,252,859 (162,323) -13% Receivable Other Receivable 94,189 75
Slide 16: Appendix II – Asset (Non-Current Assets)
Appendix II YoY Variance 2025.6.30 2024.12.31 Diff. Diff(%) –Asset Non-Current Assets Financial Assets measured at fair value 6,071 6,071 0 0% through profit and loss Financial Assets measured at fair value 150,212 115,280 34,932 30% through other comprehensive income Investment Accounted 220,509 23
Slide 17: Appendix II – Liability (Current Liabilities)
Appendix II YoY Variance 2025.6.30 2024.12.31 Diff. Diff(%) –Liability Current Liabilities Short-term Borrowings 2,910,538 618,619 2,291,919 370% Contract Liabilities 943,563 829,967 113,596 14% - current Trade payable & Notes 357,889 388,803 (30,914) -8% payable Other Payables 3,451,473 3,048,587 4
Slide 18: Appendix II – Liability (Non-Current Liabilities)
Appendix II YoY Variance 2025.6.30 2024.12.31 Diff. Diff(%) –Liability Non-Current Liabilities Bonds Payable 900,000 900,000 - - Long-term Borrowings 5,317,940 6,494,972 (1,177,032) -18% Lease Liabilities - non- 2,834,274 2,776,523 57,751 2% current Deposits Received 29,140 30,613 (1,473) -5% Tax Li
Slide 19: Appendix II – Shareholders' Equity
Appendix II YoY Variance 2025.6.30 2024.12.31 Diff. Diff(%) –Shareholders’ Ordinary shares 7,368,465 7,368,465 - 0% Equity Capital surplus 63,790 63,790 - 0% Legal reserve 3,257,815 3,073,308 184,507 6% Special reserve 490,275 1,246,293 (756,018) -61% Unappropriated earnings 1,782,105 2,568,760 (786
Slide 20: Appendix III – Inventory as of June 30, 2025
Appendix III Inventory as of June 30, 2025 Expected Completion Year of the Sales 2025.06.30 2024.12.31 2024.06.30 Contract Property under development Banqiao District, New Taipei City Before the year end (Jia-Pin project) of 2026 2,795,061 2,603,813 2,399,870 Xinzhuang District, New Taipei City Befo
Slide 21: Appendix IV – 2025H1 Consolidated Cash Flows
Appendix IV 2025H1 Consolidated Cash Flows 2025H1 2024H1 YoY Beginning Balance 4,205,337 5,081,864 (876,527) Net cash generated (used in) from operating activities (618,106) 672,244 (1,290,350) Net cash generated from (used in) investing activities 407,653 (1,376,986) 1,784,639 Net cash generated fr
Slide 22: Contact Information
Contact Information Spokesperson of Finance Dept Contact Phone Number Email to the Company Chen, Chih-Huan Su, Pei-Yi #42602 (02)2755-7666 Investor@sinyi.com.tw Vice general manager Manager