Ying Li International Real Estate Limited · SGX:5DM
Ying Li International Real Estate — FY2011 Earnings Presentation
26 slides from Ying Li International Real Estate's earnings presentation, 2012
Slide 1: 4Q & FY2011 Results Presentation
4Q & FY2011 Results Presentation
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
Slide 3: Agenda
Agenda 1. 4Q & FY2011 Financial Results 2. Economy Updates & Outlook 3. Business Updates & Outlook 4. Appendix 3
Slide 4: 4Q & FY2011 Financial Results
4Q & FY2011 Financial Results 4
Slide 5: 4Q & FY2011 – Revenue
4Q & FY2011 – Revenue 4Q 2011 4Q 2010 % JAN TO DEC 2011 JAN TO DEC 2010 % (RMB’000) (RMB’000) CHANGE (RMB’000) (RMB’000) CHANGE Sale of Properties 482,621 2,541 18,893.3% 551,459 31,182 1,668.5% Rental Income 12,795 12,214 4.8% 46,404 45,692 1.6% Consultancy Income - 20,988 n.m. - 20,988 n.m. Total
Slide 6: 4Q & FY2011 – Gross Profit and Margin
4Q & FY2011 – Gross Profit and Margin 4Q 2011 GP 4Q 2010 GP JAN TO DEC GP JAN TO DEC GP (RMB’000) MARGIN (RMB’000) MARGIN 2011 MARGIN 2010 MARGIN % % (RMB’000) % (RMB’000) % Sale of 193,734 40.1% (9,366) n.m. 204,639 37.1% 12,722 40.8% Properties Rental 8,938 69.9% 8,052 65.9% 32,081 69.1% 31,141 68
Slide 7: 4Q & FY2011 – Profit attributable to owners of the parent
4Q & FY2011 – Profit attributable to owners of the parent Profit attributable to : 4Q 2011 4Q 2010 % FY2011 FY2010 % (RMB’000) (RMB’000) CHANGE (RMB’000) (RMB’000) CHANGE - Owners of the parent 308,265 255,997 20.4% 277,030 226,883 22.1% - Non-Controlling 3,198 2,608 22.6% 1,000 3,099 (67.7%) Intere
Slide 8: 4Q & FY2011 – Statements of Financial Position
4Q & FY2011 –Statements of Financial Position (RMB’000) 30 Dec 11 30 Dec 10 Total Assets 5,934,825 5,220,736 Total Liabilities 3,057,821 2,669,954 Total Equity 2,877,004 2,550,782 Net Gearing 56.9% 41.1% • Increase in Total assets by RMB 714.1 million to RMB 5,934.8million due to increase in i. Inve
Slide 9: Economy Update & Outlook
Economy Update & Outlook aL uae
Slide 10: Chongqing’s economy continues strong growth
Chongqing’s economy continues strong growth Source: Chongqing Statistical Bureau, JLL Research 10
Slide 11: Robust economic performance versus other China cities
Robust economic performance versus other China cities GDP (as at 2011) Urban household annual disposable Income per capita (as at 2011) RMB Billion RMB ‘000 2000 40 Lowest urban disposable income 35 with huge growth potential 1500 30 GDP leading Tier two cities 25 1000 20 15 500 10 5 0 0 Tier One Ci
Slide 12: Chongqing – Leading FDI destination in China
Chongqing – Leading FDI destination in China Growth Forecast 2011 – 15 inflow, 2015 (%) (US$ m) Chongqing 28.3 22,084 Yunnan 25.7 4,166 Sichuan 24.1 17,762 Henan 23.7 18,126 Anhui 21.8 13,449 Liaoning 19.3 50,129 Guangdong 10.3 33,138 Jiangsu 9.5 44,583 Source: Economic Intelligence Unit • China wil
Slide 13: Chongqing’s investment landscape
Chongqing’s investment landscape • Chongqing’s Investment Landscape for 4Q 2011 • According to Chongqing Municipal Banking Regulatory Commission, Chongqing has established itself as the financial center in Central and Western China by having the most complete banking institutions with over 72 banks
Slide 14: Chongqing’s property landscape
Chongqing’s property landscape • Chongqing’s Property Landscape for 4Q 2011 • The commercial property market grew steadily propelled by domestic consumption and various services industries expanding in the local market* • Average Grade A office availability ratio dropped 8.95 percentage point q-o-q
Slide 15: China property sector developments
China property sector developments • Macroeconomic • 31 Nov 2011, People Bank of China (PBoC) ease credit strains for the first time in three years by cutting the bank reserve requirement ratio (RRR) by 0.5 percentage point to 21% • 18 Feb 2012, PBoC move to boost economic growth by further cutting
Slide 16: Business Update & Outlook
Business Update & Outlook aL uae 16
Slide 17: Business Update – IFC
Business Update – IFC IFC Retail Mall *Photo as at February 2012 RETAIL MALL • Soft opening of IFC retail mall on 18 Dec 2011 • Leased out over 80% of the retail space to both international and domestic brands • New tenants such as Rimowa, Folli Follie, Marlboro Classics 17
Slide 18: Business Update – IFC
Business Update – IFC IFC Office OFFICE TOWER • Completed office structure • Leased out 22% of office space to international and domestic tenants such as DBS Bank, JCDecaux, Heidrick & Struggles, CBRE, Taikang Insurance *Photos as at February 2012 • Ongoing negotiations with other potential tenants
Slide 19: Business Update – Ying Li International Plaza
Business Update – Ying Li International Plaza Ying Li International Plaza Construction Progress Ying Li Int’l Plaza Construction Total (as at 14 Feb 12) Progress Floors Retail Podium 2nd Floor 13, from Blk 5 Blk 4 B5 to 7F Block 1 2nd Floor 50 Block 2 5th Floor 46 Block 3 3rd Floor 38 Blk 2 Block 4
Slide 20: Business Update – Ying Li International Plaza (cont.)
Business Update – Ying Li International Plaza (cont.) Launch of Ying Li International Plaza Phase 1 residential unit • Strong response from the launch of Ying Li International Plaza Phase 1 residential units in Dec 2011 • Completion of project will be in stages with full completion of the whole proj
Slide 21: Business Update – Chongqing Financial Street Project
Business Update – Chongqing Financial Street Project Chongqing Financial Street Project • Secured the 5,452sq.m Wei Yuan land plot along the highly anticipated Chongqing Financial Street • Jointly developing with adjacent Wu Yi Road project • Expanding combined project land area to approximately 17,
Slide 22: Business Update – Chongqing Financial Street Project (cont.)
Business Update – Chongqing Financial Street Project (cont.) Integrated underground tunnels Existing subway stations linking CQFS to the existing subway stations at both ends, facilitating pedestrian access throughout the InterContinental entire Jiefangbei CBD. hotel Jiefangbei core CBD Harbour Plaz
Slide 23: Business Updates – Awards and Accolades
Business Updates – Awards and Accolades • “2011 Top 10 Brand of China Commercial Real Estate (IFC)” 1 • “2011 China Top 100 Office Building (IFC)” 2 • “Chongqing Top 50 Real Estate Companies” for 12 consecutive years 3 • “Chongqing’s Trusted Real Estate Enterprises” • “Chongqing Advanced Building En
Slide 24: Thank You
Thank You For further information, please contact: Mr. Liew Kah Khong Mr. Ronald Ng Head, Strategic Development & Investor Relations Manager, Investor Relations Tel : (65) 6334 9059 Tel : (65) 6334 9056 Email : liewkk@yingligj.com Email : ronald.ngyz@yingligj.com Please visit our website at www.ying
Slide 25: Appendix
Appendix 25
Slide 26: Economic indicators show Chongqing’s economy thriving
Economic indicators show Chongqing’s economy thriving Chongqing FY2011 (Jan – Dec) Economic Indicators Indicators Unit Value Change y-o-y (%) GDP RMB billion 1,001.11 16.4 Industrial Output RMB billion 12,038.52 28.2 Fixed Asset Investment RMB billion 763.18 30.0 Foreign Direct Investment (FDI) US$
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