Yanlord Land

[behappyalways]

Yanlord acquires Shanghai prime residential development site for RMB4.5 bil through JV company
https://www.theedgesingapore.com/news/p ... through-jv

[winston]

not vested

Yanlord posts total contracted pre-sales of $1.09 bil in Sept 2020

by Felicia Tan

Yanlord Land Group posted a total of RMB5.42 billion ($1.09 billion) in contracted pre-sales from residential and commercial units and car parks amounting to some 159,171 sqm on contracted gross floor area (GFA) for the month of September.

For the nine months ended Sept 30, the group’s pre-sales rose 66.7% y-o-y to approximately RMB53.19 billion.

In addition, the group registered a total of RMB6.39 billion of subscription sales, which is expected to be subsequently turned into contracted pre-sales in the following months.

About 78.6% of the group’s sales – or a total of RMB41.80 billion – were contributed by Suzhou, Nanjing, Shenzhen, Hangzhou and Shanghai.

Shares in Yanlord closed 1 cent lower, or 0.9% down, at $1.13 on Oct 6.

Source: The Edge

https://www.theedgesingapore.com/news/p ... -sept-2020

[behappyalways]

Yanlord posts more than double total contracted pre-sales of RMB5.22 bil in January
https://www.theedgesingapore.com/news/p ... il-january

[behappyalways]

Yanlord reports 2HFY2020 earnings of RMB2.1 bil, maintains dividend at 6.8 cents per share
https://www.theedgesingapore.com/news/r ... ents-share


Yanlord posts lower m-o-m total contracted pre-sales of RMB2.54 bil in February
https://www.theedgesingapore.com/news/p ... l-february

[behappyalways]

Yanlord and Ho Bee Land enter into agreement to jointly develop site in Tianjin, China
https://www.theedgesingapore.com/news/p ... njin-china

[winston]

YANLORD LAND GROUP LTD (YLLG SP)

Recommendation : HOLD
Fair Value: SGD 1.20

CHALLENGING INDUSTRY OUTLOOK TO WEIGH.

Contracted sales for Jun dipped 61.5% YoY to RMB4.2b

Seeking more JV partnerships on projects

Lower FV to SGD1.20

Yanlord Land Group is a high-quality Chinese developer with strong exposure to key economic regions in PRC such as the Yangtze River Delta, Bohai Rim and Greater Bay Area.

Key management’s interests are also aligned with minority shareholders, as Yanlord’s founder, Chairman and CEO Mr. Zhong Sheng Jian owns ~70% of Yanlord’s total shares outstanding.

However, Yanlord’s gross margin and contracted sales are expected to register a decline in 2021.

Source: OCBC

[winston]

not vested

Yanlord Land Group Ltd (YLLG SP) - Healthy financial position to mitigate industry headwinds

Yanlord Land Group is a high-quality Chinese developer with strong exposure to key economic regions in PRC such as the Yangtze River Delta, Bohai Rim and Greater Bay Area.

Key management’s interests are also aligned with minority shareholders, as Yanlord’s founder, Chairman and CEO Mr. Zhong Sheng Jian owns ~70% of Yanlord’s total shares outstanding.

However, Yanlord’s gross margin and contracted sales are expected to register a decline in 2021. HOLD.

Source: OCBC

[behappyalways]

Yanlord generates pre-contracted sales of RMB36.8 bil for 9MFY2021, down 30.9% y-o-y
https://www.theedgesingapore.com/capita ... -309-y-o-y

[behappyalways]

Yanlord records lower sales in October
https://www.theedgesingapore.com/capita ... es-october

[behappyalways]

Initial phase of Yanlord's latest Shanghai development 100% sold
https://www.theedgesingapore.com/news/p ... t-100-sold