A-living Smart City Services Co., Ltd. Class H · HKEX:3319
A-living Smart City Services Co., Ltd. Class H — FY2020 Earnings Presentation
24 slides from A-living Smart City Services Co., Ltd. Class H's earnings presentation, March 2021
Slide 1: A-Living Smart City Services FY2020 Annual Results
A-Living Smart City Services Co., Ltd. （3319.HK） FY2020 Annual Results March 2021
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
Results Highlights 01
Slide 4: Results Highlights
Results Highlights Revenue 10,026 mn +95.5% Total contracted GFA reached 718 mn sq.m.; total Strategically upgraded into a full-scenario integrated GFA under management reached 569 mn sq.m.* service platform and officially renamed as “A-Living Gross profit 2,973 mn +57.9% Fruitful results in third-p
Slide 5: Results Summary
Results Summary 02
Slide 6: Results Overview
Results Overview Revenue Gross Profit Net Profit Profit Attributable to Shareholders RMB10,026 mn RMB2,973 mn RMB1,973 mn RMB1,754 mn +95.5% YoY +57.9% YoY +52.7% YoY +42.5% YoY Revenue and Growth Rate (by Business Lines) Gross Profit and Gross Profit Margin (by Business Lines) 8,000 2019 GP 2020 GP
Slide 7: Financial Highlights
Financial Highlights % of % of RMB mn 2020 2019 Change revenue revenue Revenue 10,026 5,127 +95.5% Cost of sales (7,053) (70.3) (3,244) (63.3%) +117.4% Gross profit 2,973 1,883 +57.9% Gross profit margin 29.7% 36.7% (7.0 p.p.) Selling and marketing (77) (0.8%) (43) （0.8%） - costs Administrative (548
Slide 8: Financial Highlights
Financial Highlights RMB mn 2020 2019 Change Total assets 13,975 9,388 +48.9% Total equity 8,657 6,506 +33.1% ROE 25.9% 21.2% +4.7 p.p. EPS (RMB per share) 1.32 0.92 +43.5% Annual dividend per share (RMB) 0.52 0.45 +15.6% Cash and cash equivalents 5,057 4,207 +20.2% Operating cash flow 2,621 1,600 +
Slide 9: Business & Operation Review
Business & Operation Review 03
Slide 10: Property Management Services – High-quality growth in core business
Property Management Services – High-quality growth in core business Revenue from property mgt services increased by 129.1%, accounting for 64.7% of total revenue, up 9.5 p.p. YoY Higher revenue contribution from property mgt services with a solid organic growth Revenue Gross profit • Revenue mix imp
Slide 11: Property Management Services – Ever-expanding scale and comprehensive business portfolio
Property Management Services – Ever-expanding scale and comprehensive business portfolio GFA Under Management （mn sq.m.） Contracted GFA （mn sq.m.） 31/12/2019 31/12/2020 Over 569 mn^ 31/12/2019 31/12/2020 Over 718 mn^ 500 700 600 400 374.8 * 522.6 * 500 301.1 300 387.4 400 176.6* 300 298.8 * 200 114.
Slide 12: Property Management Services – Market expansion and nationwide coverage
Property Management Services – All-out efforts in market expansion and completed nationwide coverage Encouraging news on City Services 城 River Featured Wellness market expansion 市 Cleaning Towns real estate 服 • In terms of market expansion, newly obtained approx. 46 mn Breakthroughs in business 务 sq
Slide 13: Property Owners VAS – Deeply explored property owners' needs
Property Owners VAS – Deeply explored property owners’ needs to achieve rapid growth Property owners VAS recorded revenue of RMB1,053 mn, up 116.9% y-o-y, accounting for 10.5% of the total revenue, with a GP margin of 53.2%, decreased by 1.2 p.p. y-o-y Community resources Parking lot operation / Com
Slide 14: Extended VAS – Focused on core businesses
Extended VAS – Focused on core businesses while offering full-cycle services Extended VAS recorded revenue of RMB2,491 mn, up 37.5% y-o-y, accounting for 24.8% of the total revenue, decreased by 10.5 p.p. y-o-y; GP margin was 40.1% （RMB mn） 1,500.4 35.3% Proportion of 24.8% 2019 1,110.5 990.9 cyclic
Slide 15: Co-Development and Deep Integration
Co-Development and Deep Integration Brand Market Information Mechanism Matrix Synergy Empowerment Empowerment • Reshaped the non-residential • Established a strategic market • Improved management • Introduced the Amoeba business centered on public map backed by big data and efficiency and quality by
Slide 16: Quality First and Brand Upgrade
Quality First and Brand Upgrade • Officially changed the company name to “A-Living Smart A guardian for property owners City Services Co., Ltd.” in a move to realize strategic upgrade • Upheld the vision of “lifelong caring for • Launched a brand upgrade plan to refine brand positioning property own
Slide 17: City Services Layout
City Services Layout 04
Slide 18: Mapping Out a Nationwide Layout for City Services
Mapping Out a Nationwide Layout for City Services Dalian Mingri Business layout of Yahao A subsidiary of A-Living Acquired 51% equity interest city services specialized in city services Ranked 16th out of Top 100 business environmental sanitation service Strategy implementation: Mapped out a devel
Slide 19: A Good Business with Stable Performance
A Good Business with Stable Performance Large- Diversified Large-scale projects with Asset-light scale partnership with long-term contracts asset-light DNA • The acquired companies are expected to hit a revenue of • Government’s bidding and procurement process is over RMB2.5 bn as a whole in 2021, g
Slide 20: Outlook
Outlook 05
Slide 21: Eyeing Two Hundred-Billion-Yuan Platforms
A New Vision Empowered by Intelligence, Eyeing Two “Hundred-Billion-Yuan” Platforms Hundred-Billion-Yuan Holding company Platform platform A-Living Smart City Services Co., Ltd. 3319.HK Development of Residential Non-residential City services industrial platform sector sector sector New Hundred-Bill
Slide 22: Development of Industrial Platform
Development of Industrial Platform Manage residential GFA of over 150 mn sq.m., over 1000 Quality-first service to property owners projects, serving 1.5 mn property owners Manage a diverse portfolio of high-end and large-scale Explore upstream and downstream along the industry chain to residential p
Slide 23: Incubation of Innovative Platform
Incubation of Innovative Platform Build an innovation platform through strategic business layout and diversified cooperation to incubate upstream and downstream businesses and build a full-scenario service platform for urban life Team up with leading companies in different fields to improve service
Slide 24: Lifelong Caring for A Better You
Lifelong Caring for A Better You A-Living Smart City Services Co., Ltd.
A-Living Smart City Services — FY2020 Earnings Presentation on 6ix