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

Logan Group’s H1/21 results were in line with our expectations. The growth in contracted sales and revenue was robust, reflecting good sales execution and a satisfactory pace of property delivery. Margins contracted, but remained strong compared to peers. Profitability will likely be sustained as Logan gradually converts its urban redevelopment projects into saleable resources. Although Logan's expansion continued at an aggressive pace, land spending did not exceed the limit (40% of contracted sales) set by the regulator. However, the group may spend the entire 40% of its contracted sales for the full year. Positively, Logan's debt level remained stable in H1/21. Credit metrics broadly improved, except for weaker Debt/EBITDA, as the margin contraction led to lower earnings.

  Logan Group’s H1/21 results were in line with our expectations. The growth in contracted sales and revenue was robust, reflecting good sales execution and a satisfactory pace of property delivery. Margins contracted, but remained strong compared to peers. Profitability will likely be sustained as Logan gradually converts its urban redevelopment projects into saleable resources.   Although Logan's expansion continued at an aggressive pace, land spending did not exceed the limit (40% of contracted sales) set by the regulator. However, the group may spend the entire 40% of its contracted sales for the full year. Positively, Logan's debt level remained stable in H1/21. Credit metrics broadly improved, except for weaker Debt/EBITDA, as the margin contraction led to lower earnings. 

Logan Group - Earnings Flash - H1 FY 2021 Results - Lucror Analytics

Logan Property Holdings

Logan Group - Earnings Flash - H1 FY 2021 Results - Lucror Analytics