Country Garden Holdings Company Limited
碧 桂 园 控 股 有 限 公 司 (2007.HK)Newsletter November 2017
Country Garden Holdings Company Limited ("Country Garden" or the "Company") together with its subsidiaries, (collectively, the "Group") (stock code: 2007) is one of China's leading integrated property developers. The Group became a constituent stock of MSCI Global Standard Indices on 1 September 2007, Hang Seng Composite Index and Hang Seng Mainland 100 on 10 September 2007, FTSE China 50 Index on 14 September 2016, Hang Seng China (Hong Kong-listed) 25 Index
on 12 June 2017, and Hang Seng Index on 4 December 2017.
Contracted SalesFor the first 10 months of 2017, the Group, together with its joint ventures and associates, achieved contracted sales of approximately RMB484.77 billion with contracted sales GFA of approximately 53.12 million square meters ("sqm") (among which, the contracted sales and contracted sales GFA attributable to owners of the Company amounted to RMB337.99 billion and
38.56 million sqm, respectively).
Geographical breakdown of contracted sales for the first 10 months of 2017 (By Value)
Hebei, 3%
Others*,
Product type breakdown of contracted sales for the first 10 months of 2017 (By Value)
Parking space & commercial, 7%
Low-rise residential, 11%
Guizhou, 3%
Hubei, 3%
18%
Guangdong,
30%
Hainan, 4%
Henan, 4%
Hunan, 4%
Jiangsu, 16%
Zhejiang, 7% Anhui,
8%
High-rise residential, 82%
Note : Others* including Guangxi, Fujian, Liaoning, Shandong, Malaysia, Shanghai, Sichuan, Shaanxi, Gansu, Chongqing, Jiangxi, Yunnan, Tianjin, Shanxi, Inner Mongolia, Qinghai, Jilin, Heilongjiang and Australia.
City type breakdown of onshore contracted sales for the first 10 months of 2017 (By Value)
Domestic tier of cities breakdown of contracted sales for the first 10 months of 2017 (By Value)
Cities with sales started from 2017, 3%
Located in tier 1 cities, targeting tier 1 cities, 7%
Located in tier
Located in tier 2 cities, targeting tier 1 cities, 2%
Located in tier 3&4 cities, targeting tier 1
Cities with sales started by the end of 2016, 97%
3&4 cities, targeting tier 3&4 cities, 50%
Located in tier 2 cities, targeting tier 2 cities, 33%
cities, 4%
Located in tier 3&4 cities, targeting tier 2 cities, 4%
Country Garden Holdings Company Limited
碧 桂 园 控 股 有 限 公 司 (2007.HK)Newsletter November 2017
Co ntracted Sal es (Cont 'd )Unit size breakdown of contracted sales of high- rise residential products for the first 10 months of 2017 (By Value)
Unit size breakdown of contracted sales of low- rise residential products for the first 10 months of 2017 (By Value)
Less than 90 sqm,
12%
300-500
sqm, 10%
Over 500
sqm, 10%
Over 140
sqm, 34%
90-140
sqm, 54%
Less than 300 sqm,
80%
Top ten cities where the Group, together with its joint ventures and associates, achieved the highest contracted sales for the first 10 months of 2017 were as follows; the aggregated contracted sales amount in these 10 cities was approximately RMB157.38 billion, accounting for approximately 32.9% of the Group together with its joint ventures and associates' total contracted sales.
Cities (By Location) | Contracted Sales (RMB Billion) | Contracted Sales GFA ('000 Sqm) | Contracted Sales ASP (RMB per Sqm) |
Jiangsu-Suzhou | 23.56 | 1,820 | 12,942 |
Guangdong-Dongguan | 22.62 | 1,305 | 17,337 |
Guangdong-Guangzhou | 22.15 | 1,454 | 15,237 |
Guangdong-Huizhou | 18.80 | 1,492 | 12,603 |
Guangdong-Foshan | 16.89 | 1,356 | 12,449 |
Jiangsu-Nantong | 11.87 | 963 | 12,329 |
Hainan-Lingshui | 11.26 | 619 | 18,198 |
Henan-Zhengzhou | 10.91 | 1,121 | 9,732 |
Guangdong-Jiangmen | 9.83 | 1,203 | 8,171 |
Anhui-Chuzhou | 9.49 | 1,408 | 6,740 |
Country Garden Holdings Company Limited
碧 桂 园 控 股 有 限 公 司 (2007.HK)Newsletter November 2017
New Land Acquisitions in ChinaThe Group acquired RMB314.15 billion (including minority interests) new lands with an estimated GFA of 94.69 million sqm for the first 10 months of 2017 in China. The estimated attributable GFA to the owners of the Company in China was approximately 69.96 million sqm, and the total land premium was approximately RMB232.56 billion, the average land price was approximately RMB3,324 per sqm. The breakdown of the estimated attributable GFA or value to the owners of the Company was as follows:
Provinces breakdown of newly acquired lands for the first 10 months of 2017 (By GFA)
Project type breakdown of newly acquired lands for the first 10 months of 2017 (By GFA)
Old Projects, 7%
Guangxi, 4%
Guizhou, 4%
Chongqing, 4%
Hubei, 4%
Others*, 19%
Guangdong, 20%
Jiangsu, 13%
Anhui, 13%
New Projects, 93%
Henan, 6%
Zhejiang, 6%
Hunan ,7%
Note : Others* including Hebei, Shandong, Fujian, Jiangxi, Shaanxi, Beijing, Tianjin, Shanxi, Hainan, Sichuan, Shanghai, Yunnan, Liaoning, Ningxia, Gansu and Jilin.
City type breakdown of newly acquired lands for the first 10 months of 2017 (By Value)
Tier cities breakdown of newly acquired lands for the first 10 months of 2017 (By GFA)
Located in tier 2
Tier cities breakdown of newly acquired lands for the first 10 months of 2017 (By Value)
Located in
Newly entered cities in 2017, 3%
Located in tier 1 cities, targeting tier 1 cities, 5%
Located in tier
cities, targeting
tier 1 cities, 2%
Located in tier 2 cities, targeting tier 2 cities, 25%
Located in tier 3&4 cities, targeting tier 1
cities, 5%
Located in tier 3&4 cities, targeting tier 3&4
Located in tier 1 cities,
targeting tier 1
cities, 17%
tier 2 cities, targeting tier 1 cities, 2%
Cities already entered at
the end of 2016, 97%
3&4 cities,
targeting tier 3&4 cities, 57%
cities, 40%
Located in tier 2 cities, targeting tier 2 cities, 34%
Located in tier 3&4 cities, targeting tier 2 cities, 6%
Located in tier 3&4 cities, targeting tier 2 cities, 3%
Located in tier 3&4 cities, targeting tier 1 cities, 4%
Country Garden Holdings Company Limited
碧 桂 园 控 股 有 限 公 司 (2007.HK)Newsletter November 2017
Code | Province | Project | City(District) | SiteArea | ExpectedGFA | LandCost | CGEquity |
(sqm) | (sqm) | (RMBMillion) | Ratio** | ||||
1 | Guangxi | VankePark* | Nanning(Liangqing) | 75,940 | 227,820 | 759 | 40% |
2 | Tianjin | (To Be Confirmed)* | Tianjin(Jixian) | 145,607 | 115,029 | 328 | 80% |
3 | Anhui | Xuancheng Country Garden PhaseII* | Xuancheng(Xuanzhou) | 41,549 | 83,098 | 144 | 51% |
4 | Jiangxi | (To Be Confirmed)* | Nanchang(Nanchang) | 51,667 | 129,167 | 234 | 30% |
5 | Hebei | Country Garden-Guangting Lan* | Zhangjiakou(Huailai) | 130,978 | 239,690 | 327 | 70% |
6 | Hunan | (To Be Confirmed)* | Hengyang(Leiyang) | 34,468 | 51,702 | 42 | 55% |
7 | Anhui | Country Garden-GoldenTime* | Fuyang(Yingzhou) | 210,026 | 420,052 | 1,894 | 59% |
8 | Anhui | Country Garden-Jade Bay South* | Fuyang(Jingkaiqu) | 238,136 | 523,899 | 936 | 30% |
9 | Zhejiang | Lucheng Fengmen Country Garden* | Wenzhou(Lucheng) | 27,729 | 55,459 | 282 | 100% |
10 | Zhejiang | Lucheng Fengmen Country Garden* | Wenzhou(Lucheng) | 23,785 | 47,570 | 220 | 100% |
11 | Anhui | Country Garden-Jade Bay North* | Fuyang(Jingkai) | 149,456 | 373,640 | 643 | 22% |
12 | Guizhou | Country Garden-Coast one* | Qiandongnan(Kaili) | 244,379 | 268,817 | 403 | 100% |
13 | Henan | Country Garden-Moon Coast* | Zhumadian(Xincai) | 120,800 | 302,001 | 289 | 100% |
14 | Henan | Country Garden-Jade City | Zhengzhou(Xingyang) | 184,267 | 294,827 | 456 | 51% |
15 | Guangdong | (To Be Confirmed) | Huizhou(Huidong) | 38,679 | 46,414 | 45 | 100% |
16 | Guangdong | (To Be Confirmed)* | Jiangmen(Xinhui) | 55,709 | 167,127 | 451 | 47% |
17 | Guizhou | Country Garden-Institution One* | Guiyang(Huaxi) | 82,309 | 164,618 | 121 | 100% |
18 | Anhui | Country Garden-Dragon Mansion* | Chuzhou(Langya) | 141,880 | 312,136 | 952 | 85% |
19 | Guangdong | (To Be Confirmed)* | Zhongshan(Sanxiang) | 54,634 | 136,584 | 820 | 85% |
20 | Shanxi | Country Garden-Tianhui* | Taiyuan(Xiaodian) | 12,757 | 51,030 | 101 | 30% |
21 | Anhui | (To Be Confirmed)* | Wuhu(Wuhu) | 59,080 | 129,976 | 107 | 51% |
22 | Anhui | (To Be Confirmed)* | Hefei(Binhu) | 67,340 | 168,350 | 2,682 | 100% |
23 | Guangdong | (To Be Confirmed)* | Qingyuan(Qingcheng) | 129,653 | 318,947 | 863 | 100% |
24 | Guangdong | (To Be Confirmed)* | Qingyuan(Qingcheng) | 104,253 | 272,101 | 696 | 100% |
25 | Hubei | Jingzhou Country Garden* | Jingzhou(Shashi) | 72,987 | 255,454 | 470 | 100% |
26 | Liaoning | (To Be Confirmed)* | Shenyang(Heping) | 38,127 | 141,069 | 421 | 100% |
27 | Zhejiang | (To Be Confirmed)* | Hangzhou(Xiaoshan) | 32,427 | 74,582 | 522 | 55% |
28 | Zhejiang | (To Be Confirmed)* | Hangzhou(Xiaoshan) | 48,320 | 120,800 | 882 | 55% |
29 | Zhejiang | (To Be Confirmed)* | Hangzhou(Xiaoshan) | 24,306 | 63,196 | 681 | 54% |
30 | Zhejiang | (To Be Confirmed)* | Hangzhou(Xiaoshan) | 39,617 | 99,043 | 1,068 | 54% |
31 | Fujian | Country Garden-Gui'an Mansion* | Fuzhou(Lianjiang) | 184,407 | 210,224 | 470 | 80% |
32 | Hebei | (To Be Confirmed)* | Langfang(Bazhou) | 33,640 | 67,280 | 726 | 51% |
33 | Hunan | Country Garden-Ten Mile Coast* | Huaihua(Hecheng) | 275,140 | 605,308 | 389 | 100% |
34 | Hunan | (To Be Confirmed)* | Changsha(Wangcheng) | 44,180 | 66,270 | 114 | 100% |
35 | Hubei | (To Be Confirmed)* | Wuhan(Caidian) | 37,002 | 92,505 | 71 | 100% |
Country Garden Holdings Company Limited published this content on 27 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 November 2017 04:16:01 UTC.
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