Kaisa : Interim Results 2021

Interim Results Presentation 2021

August 2021

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 Kaisa Group Holdings Ltd. (the "Company") and factors beyond the Company's control and are subject to significant risks and uncertainties, and accordingly, actual results may differ materially from these forward-looking statements. The Company undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates. The information in this presentation should be considered in the context of the circumstances prevailing at the time of its presentation and has not been, and will not be, updated to reflect material developments which may occur after the date of this presentation. The slides forming part of this presentation have been prepared solely as a support for discussion about background information about the Company. This presentation also contains information and statistics relating to the China and property development industry. The Company has derived such information and data from unofficial sources, without independent verification. The Company cannot ensure that these sources have compiled such data and information on the same basis or with the same degree of accuracy or completeness as are found in other industries. You should not place undue reliance on statements in this presentation regarding the property development industry. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of any information or opinion contained herein. It should not be regarded by recipients as a substitute for the exercise of their own judgment. Information and opinion contained in this presentation may be based on or derived from the judgment and opinion of the management of the Company. Such information is not always capable of verification or validation. None of the Company or financial adviser of the Company, or any of their respective directors, officers, employees, agents or advisers shall be in any way responsible for the contents hereof, or shall be liable for any loss arising from use of the information contained in this presentation or otherwise arising in connection therewith. This presentation does not take into consideration the investment objectives, financial situation or particular needs of any particular investor. It shall not to be construed as a solicitation or an offer or invitation to buy or sell any securities or related financial instruments. No part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. This presentation may not be copied or otherwise reproduced. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities or financial instruments or to provide any investment service or investment advice, and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment decision in relation thereto.

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© 2021 Kaisa Group Holdings Ltd. All rights reserved.

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Table of Contents

01.

02.

03.

04.

1H2021 Results Highlights

Operational Review in 1H2021

2H2021 Outlook

Financial Highlights & Liability Management in 1H2021

05. Appendix

01. 1H2021 Results Highlights

1H2021 Results Highlights

	Contracted					URP
		Landbank			URP Pipeline²
	Sales				Conversion
	RMB 63.9 bn		31.1 mn sqm			1.1 mn sqm		Over 53.7 mn sqm
	Hit new record high							Site Area
		Greater Bay Area: 76%2			Improved URP conversion lead time
	Completed nearly 50%
						213 URPs
	full year target		T1 cities: 54%2			RMB73 bn saleable resources
						Greater Bay Area: 99%2
	+77% yoy		URPs: 47%2			Favorable urban renewal policies
	Ranked¹ 23th nationwide
						Cash and
	Revenue		Core Net Profit				Dividend
				Bank Deposits
	RMB 30.1 bn		RMB 3.9 bn			RMB 48.7 bn		Proposed interim dividend:
	+35% yoy		+29% yoy			+3% vs. FY2020		HKD 4 cents/share

Net Gearing	Liabilities to	Cash to Short-	Three Red
Ratio4	Assets Ratio5	term Debt Ratio6	Lines

93.7%	69.9%	1.53x	All 3 Passed
-240 bps vs.	-20 bps vs.	-0.03x vs.
FY2020	FY2020	FY2020

1. CRIC 2021 TOP200 Chinese Developers-Attributable Contracted Sales Ranking
2. By saleable resources
3. Not yet converted into landbank
4. Net gearing ratio is calculated by dividing total borrowings (including short-term and long-term borrowings) minus cash and cash equivalents (including bank deposits, restricted cash and cash and bank balances) by total equity (excluding perpetual capital securities)
5. Liabilities to assets ratio excluding receipts in advance is calculated by subtracting receipts in advance(including contract liabilities) from total liabilities and dividing by total assets excluding perpetual capital

	securities minus receipts in advance (including contract liabilities)	5
6.	Cash to short-term debt ratio is calculated by dividing cash and cash equivalents (excluding restricted cash and bank deposits) by short-term borrowings