A-living Smart City Services Co., Ltd. Class H · HKEX:3319
A-living Smart City Services Co., Ltd. Class H — H1 2023 Earnings Presentation
19 slides from A-living Smart City Services Co., Ltd. Class H's earnings presentation, 2023
Slide 1: A-Living Smart City Services 2023 Interim Results Presentation
A-LIVING SMART CITY SERVICES CO., LTD 3319.HK 2023 Interim 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: 01 Results Highlights
5 = Oo ¥ Y | Md WW YF \itn % Y Y ff ALL LL A Nee =—o 01 RESULTS HIGHLIGHTS
Slide 4: Results Highlights
Results Highlights Solid fundamentals with sustained growth in non-cyclical businesses Overall strength remains as a leading company of the industry Revenue 7,698.5 mn +1.0% Widely recognized overall strength, evidenced by the 2nd place among Gross profit 1,573.6 mn -23.3% the Top 100 Property Manag
Slide 5: 02 Financial Summary
v oO of ) ¥ A 4 ° I, yp : X e | Wag ay wn CN Ss 02 FINANCIAL SUMMARY
Slide 6: Financial Summary
Financial Summary RMB mn 1H 2023 % of revenue 1H 2022 % of revenue Change Revenue 7,699 7,620 +1.0% Cost of sales (6,125) (79.6%) (5,567) (73.1%) +10.0% Gross profit 1,574 2,053 -23.3% Gross profit margin 20.4% 26.9% -6.5 p.p. Sales and marketing cost (53) (0.7%) (29) (0.4%) +79.2% Administrative ex
Slide 7: Breakdown of Revenue and Net Profit by Business Lines
Breakdown of Revenue and Net Profit by Business Lines （RMB mn） +7.4% Revenue of non-cyclical businesses 1H2022 1H2023 Revenue Mix +1.0% as a whole up 7.2% YoY 5,267 4,904 7,620 7,699 Non-cyclical Businesses Extended VAS Revenue -40.4% +7.7% +5.0% 8% 13% 1,167 1,084 990 590 642 674 87% 92% PM Service
Slide 8: Balance Sheet Overview
Balance Sheet Overview RMB mn As of 30 Jun 2023 As of 31 Dec 2022 Change Total assets 23,670 22,702 +4.3% Trade and other receivables and prepayments 10,829 10,716 +1.1% Total liabilities 8,818 8,577 +2.8% Total equity 14,852 14,125 +5.1% Current assets 15,788 15,301 +3.2% Cash and cash equivalents
Slide 9: 03 Business Review
v oO of ) ¥ A 4 ° I, yp : X e | Wag ay wn CN Ss 03 BUSINESS REVIEW
Slide 10: Non-cyclical Businesses Demonstrate Steady Growth
Non-cyclical Businesses Demonstrate Steady Growth Non-cyclical businesses Market expansion drives scale growth remain resilient (mn sq.m.) 31/12/2022 30/06/2023 (RMB mn) 1H2022 1H2023 +30.62 mn sq.m. +29.62 mn sq.m. 7,108 731.5 762.1 6,630 5,267 545.8 575.4 4,904 83.3% of GFA under mgmt from third-p
Slide 11: Maintains Leadership in Market Expansion
Maintains Leadership in Market Expansion In 1H 2023, A-Living maintained its industry-leading Public buildings Guangzhou Library Shenzhen Honggang Park position in market expansion by adhering to the “product Benchmark project in Annualized contract value: branding strategy” and “city-specific busin
Slide 12: Expands City Services at Rapid Pace
Expands City Services at Rapid Pace Strengthened foothold and formed economies of scale Focused on improving the quality of projects and through high-quality expansion proactively optimized business structure Ranking of PM companies in terms of market expansion capabilities for city • Attached great
Slide 13: Optimizes Structure and Allocation of Resources to Improve VAS Ecosystem
Optimizes Structure and Allocation of Resources to Improve VAS Ecosystem Property owners VAS maintained steady growth Optimized service structure to focus on businesses with potentials (RMB mn) (RMB mn) 1H 2022 1H 2023 1H 2022 1H 2023 1,167.2 1,084.1 574.5 418.4 300.8 296.0 186.6 95.9 178.3 200.8 %
Slide 14: Refocusing on Service Quality and Promoting Integration of Business Units
Refocusing on Service Quality and Promoting Integration of Business Units Quality improvement and intelligentization Deepened integration and collaboration Pressed ahead with the implementation of standardization and Integration of regional offices and Example: Integration of the regional offices in
Slide 15: 04 Outlook
v oO of ) ed ¥ A 4 ° I, yp : X e | Wag ay Z ¢ Ss 04 OUTLOOK
Slide 16: Sustainable Growth in Management Scale
Sustainable Growth in Management Scale Adhering to market-oriented development to realize sustainable growth in management scale “City-specific business strategy” “Key client strategy” “Product branding” City Services Optimize both density and depth Secure resources through diversified Further devel
Slide 17: High-quality Development along Industry Value Chain
High-quality Development along Industry Value Chain Adhere to long-termism Shift from “all-inclusive” services to “specialized and professional” Focus on the needs of property owners Further develop key business units Driven by market-oriented, professional development, Balance investment and benefi
Slide 18: Improvement of Quality and Operational Capabilities
Improvement of Quality and Operational Capabilities Standardization capability Smart operation capability Integration capability • Enhance the service quality and improve the • Utilize information technology to advance service • Optimize the regional presence, promote the refinement of management, c
Slide 19: Lifelong Caring for You, Heartwarming Service to City
A-Living Smart City Services Co., Ltd. Lifelong Caring for You Heartwarming Service to City 19
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