Lucror Analytics

Lucror Analytics is a leading credit and ESG research specialist and a provider of technology solutions for differentiated fixed income strategies. Our roots are in bottom-up fundamental credit analysis with a specialization in high yield corporate credits from Europe, Asia and Latin America. We are one of few research specialists integrating ESG considerations with fundamental credit research through a dedicated ESG platform. Our ESG assessment covers five key criteria: Disclosure, E,S, & G Pillars, Controversies, ESG Impact on Credit and ESG Momentum.

Recognizing the importance and value-add of Factor Investing in fixed income, Lucror developed the Smart Quant Navigator (SQN), an intuitive platform that helps clients devise and implement factor-based strategies ranging from pure quant to active fundamental, with integrated ESG.

Our company has been at the forefront of developments in the fixed income markets, identifying opportunities and consistently delivering new products and value-adding solutions to clients. Lucror has close relationships with the largest and most reputable asset managers, family offices, hedge funds, investment and wealth managers globally.

High Yield Experts

Credit Analyst, Lucror Analytics

Chuanyi Zhou

Credit Analyst

Credit

Fantasia’s FY 2020 results were in line with our expectations. Contracted sales were robust, but cash collection appeared to be poor. Revenue from property sales continued to grow, as property delivery was not delayed. The decline in recurring income during the period would have been unavoidable. Positively, the recurring income was still sufficient for covering interest expense. The margins are under pressure, despite the upward trend for contracted ASP. Credit metrics deteriorated owing to the weaker profitability and increased borrowings. The company continues to be highly levered. Fantasia's aggressive land acquisitions and involvement in urban redevelopment could have driven up leverage.

  Fantasia’s FY 2020 results were in line with our expectations. Contracted sales were robust, but cash collection appeared to be poor. Revenue from property sales continued to grow, as property delivery was not delayed. The decline in recurring income during the period would have been unavoidable. Positively, the recurring income was still sufficient for covering interest expense. The margins are under pressure, despite the upward trend for contracted ASP.   Credit metrics deteriorated owing to the weaker profitability and increased borrowings. The company continues to be highly levered. Fantasia's aggressive land acquisitions and involvement in urban redevelopment could have driven up leverage. 

Fantasia - Earnings Flash - FY 2020 Results - Lucror Analytics

Fantasia Holdings Group Co

Fantasia - Earnings Flash - FY 2020 Results - Lucror Analytics