Yanlord Land Group

Property

Yanlord Land Group outlook changed to 'stable' on more disciplined expansion: S&P Global

Yanlord, according to the ratings agency, is likely to slow down its pace of expansion over the next one to two years.
Moody's changes outlook for Yanlord to 'stable' from 'negative' - THE EDGE SINGAPORE

Property

Moody's changes outlook for Yanlord to 'stable' from 'negative'

Moody’s says it believes Yanlord will see total contracted sales to grow to RMB80 billion to RMB85 billion in FY2021 and FY2022.

Property

Yanlord posts lower m-o-m total contracted pre-sales of RMB2.54 bil in February

Contracted pre-sales in February stood 110.3% y-o-y higher, but 51.4% lower m-o-m.
OCBC lowers Yanlord Land Group's TP on softer gross margin and pre-sales outlook - THE EDGE SINGAPORE

Broker's Calls

OCBC lowers Yanlord Land Group's TP on softer gross margin and pre-sales outlook

The team has also lowered its core earnings forecast for FY2021 by 11.6% y-o-y.
Yanlord reports 2HFY2020 earnings of RMB2.1 bil, maintains dividend at 6.8 cents per share  - THE EDGE SINGAPORE

Results

Yanlord reports 2HFY2020 earnings of RMB2.1 bil, maintains dividend at 6.8 cents per share

As at Dec 31 2020, Yanlord and JVs, associates, have booked a total pre-sale of RMB106.5 billion
Yanlord posts more than double total contracted pre-sales of RMB5.22 bil in January - THE EDGE SINGAPORE

Property

Yanlord posts more than double total contracted pre-sales of RMB5.22 bil in January

During the month, about 73.4% of the contracted pre-sales were contributed by Nanjing, Suzhou, Shanghai, Hangzhou and Nantong.
Yanlord posts total contracted pre-sales of $1.09 bil in Sept 2020 - THE EDGE SINGAPORE

Property

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

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

Property

Yanlord acquires Shanghai prime residential development site for RMB4.5 bil through JV company

The acquisition was done through a public land auction for a total consideration of RMB4.5 billion ($890.1 million).

Broker's Calls

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Results

Yanlord reports higher revenue but lower profit for 1HFY20

During 1HFY20, it booked presales of some RMB29.8 billion, up 65% y-o-y.
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