绿城集团介绍ppt板

076526-037GreentownChinaHoldingsLimited绿城中国控股有限公司March20072076526-037AgendaCompanyoverviewMajorcorporatemovesOperationalupdateFutureoutlookandstrategies3076526-037Companyoverview4076526-037AleadingpropertydeveloperinChinaNationalpresence:propertyprojectsin19citiesandoverathousandemployeesHighprofitmarginandgrowth:2003—2006EnetprofitCAGRof167%and2005grossprofitmarginof35%Largeandlowcostlandbank:11.3mmsqmsiteareaand12.9mmsqmtotalGFA*Marketleader:No.1propertydeveloperinZhejiangProvinceandoneofthetop10developersinthenationHighqualityproducts:targetingmiddleandhighincomebracketBrandequity:Oneofthe10mostvaluablepropertybrandsinChinafor3consecutiveyears*AtatDec.31,2006,includingthelandreservesunderlandacquisitioncontractualarrangementsGreentownQiandaohuGreentownZhoushanGreentownHainingGreentownNingboGreentownShangyuGreentownXinchangGreentownChangshaGreentownHefeiGreentownShanghaiGreentownQingdaoGreentownBeijingGreentownUrumqiGreentownNanjing齐齐哈尔哈尔滨长春沈阳北京石家庄天津大连河南烟台青岛南京合肥上海武汉重庆乌鲁木齐苏州南通GreentownLinan浙江GreentownTongluGreentownNantongGreentownKunshan昆山GreentownWenzhouGreentownHangzhou5076526-037High-qualityprojectdevelopmentcapabilityThefoundationofhigh-qualityproductsEstablishedcustomerservicesqualitycontrolgroupandprojectqualitycontrolgroupFiveexpertpanelsledbytheChairman—planning,design,landscape,interiordecorationandunitplanAmongthefirstinChina’srealestateindustrytointroduceISO9000since1999CustomersupervisionExpertpanelInternationalpartnershipStrictqualitycontrolHangzhouGreenGarden“QianJiangAward”ofHangzhouShanghaiGreentown“MagnoliaAward”ofShanghaiLongtermpartnershipwithleadingdesigncompanies,constructionfirmsandsuppliersDeepBluePlazaChinaArchitecturalArtAward(Residential)ChangshaGuihuaCityBestPropertyinChangsha6076526-037ValueofnationalbrandingPricingpremiumoverotherpropertiesinthesamelocationHighermarginFosterstrategicpartnership:─Localgovernment─Landowners─FinancialinvestorsHighpre-saleratebeforeprojectcompletionRepeatedandreferredcustomersStrongsales&customerloyaltyLeverageonbrandequityPricingpremiumBrandpremium,highsalesgrowthandlowcostlandbankcontributetocontinuoushighprofitmargin7076526-037QingdaoprojectStartingfromJanuary2006:Urbanprojectwithtotalsiteareaof1.18mmsqmandtotalGFAof2.10mmsqmInvitedbytheQingdaogovernmenttoparticipateintheprojectduetoGreentown’sstrongbrandandproductsrecognitionStartingfromSeptember2006:XiziElevatorGroup,theprojectpartner,injectedlandbankof1.42mmsqmsitearea,allwithlandtitles,landpremiumfullypaidupGreentown,leveragingonbrandequityandmanagementexpertise,hasa50%ownershipPartnershipprojectsincludeRoseCreekValley,TulipBank,KunshanGreentown,andHupanjuXizipartnershipExamplesofbrandequityleveragein20068076526-03729488881602004006008001,0002003200420050%10%20%30%40%Netmargin(beforeMI)(%)StrongfinancialprofileNetincome(RMBmm)Grossmargin(%)EBITDA(RMBmm)EBITDA%margin776231,471*45405001,0001,5002,0002003200420052006E*AssumingaRMB9mmconvertiblebondsrelatedadjustment30%35%43%32%0%10%20%30%40%50%2003200420051H20066%23%21%16%0%5%10%15%20%25%30%2003200420051H20069076526-037Improvedcapitalstructure91.64%84.28%84.97%87.45%57.07%0.00%10.00%20.00%30.00%40.00%50.00%60.00%70.00%80.00%90.00%100.00%2003.12.312004.12.312005.12.312006.06.302006.09.30DateTotaldebt/totalcapitalisation10076526-037AdvancedcorporategovernanceExecutivedirectorsIndependentDirectorsMr.JiaShenghuaMr.JiangWeiMr.ShiXipingMr.TangShidingMr.XuYaohuaMr.SongWeipingMr.ShouBainianMr.ChenShunhuaMr.GuoJiafeng123412345InternationalstrategicinvestorsDiversifiedBoDstructureINEDsrepresentthemajorityofGreentownboardHighcalibreINEDswithdiverseexperiencesinrealestate,finance,complianceandcorporategovernanceWell-knowninternationalinvestorswithrichexperienceininvestmentsinChinaLong-termcommitmentswithstrategicsupports11076526-037Majorcorporatemovesin200612076526-037JanuaryUSD130million5-yrsconvertiblebond&USD20millionshareplacementtoJPMorganandStarkAcquireQingdaoProjectJulyUSD390millioninitialpublicofferingAugustStrategiccooperationwithGezhoubaGroupSeptemberAcquireHangzhouHushuProjectOctoberStrategiccooperationwithXiziElevatorGrouponfourprojectsNovemberUSD400million7-yrshighyieldbondDecemberStrategiccooperationwithWarburgPincusAcquireWenzhouTianshengProjectMajorCorporateMoves13076526-037Diversifiedlandbankreplenishmentin2006QingdaoProjectTongluGreentownHangzhouHushuProjectHangzhouFengqiProjectHangzhouTianchengProjectPanlongLakeProjectHefeiTongchengProjectWezhouTianshengProjectTenderandauctionBishuiQingfengIncreasestakeZhedaTechnologyParkRe-negotiationHangzhouJiubaoProjectRoseCreekValleyTulipBankKunshanGreentownHupanjuProjectNanjingRoseGardenTongluJiuzhouStrategiccooperationoracquisition14076526-037Newlandadded(I)InterestSiteArea(sqm)TotalGFA(sqm)SaleableGFA(sqm)JiaheJiubaoProjectPhaseI100%60,955179,755137,156JiaheJiubaoProjectPhaseII100%39,854134,959105,686TongluGreentown100%107,671145,906106,900TongluJiuzhou51%33,08715,58011,960HangzhouHushuProjectPhaseI50%27,420106,01879,518HangzhouHushuProjectPhaseII50%33,656137,925103