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

Future Land’s H1/19 results fell short of our expectations, with slower-than-anticipated revenue recognition and continued aggressive, debt-funded expansion. The financial profile deteriorated significantly, and we note this was prior to the detention of Chairman Wang Zhenhua for child molestation charges in July. He has since been replaced as Chairman by his son, Wang Xiaosong, but remains the controlling shareholder. The company has slowed its pace of land acquisition, owing to limited access to funding. In late July, Seazen Holdings, the onshore subsidiary that holds most of the group's operations, disposed of 15 projects for c. CNY 6.9 bn. For now, Future Land's contracted sales do not appear to have been affected.

   Future Land’s H1/19 results fell short of our expectations, with slower-than-anticipated revenue recognition and continued aggressive, debt-funded expansion. The financial profile deteriorated significantly, and we note this was prior to the detention of Chairman Wang Zhenhua for child molestation charges in July. He has since been replaced as Chairman by his son, Wang Xiaosong, but remains the controlling shareholder.    The company has slowed its pace of land acquisition, owing to limited access to funding. In late July, Seazen Holdings, the onshore subsidiary that holds most of the group's operations, disposed of 15 projects for c. CNY 6.9 bn. For now, Future Land's contracted sales do not appear to have been affected. 

Future Land - Earnings Flash - H1 FY 2019 Results - Lucror Analytics

Seazen (Formerly Future Land)

Future Land - Earnings Flash - H1 FY 2019 Results - Lucror Analytics