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

Sunac’s FY 2020 results beat our expectations, especially given its strong recovery in H2. We like the company’s prudent pace of expansion and the decline in borrowings. Sunac’s contracted sales were robust, and continued to be strong in the first two months of 2021. That said, we expect the margin to remain weak, given the declining ASP in past years. Sunac’s capital structure has gradually improved, and is now less skewed towards debt. Debt/Capitalisation declined from over 80% five years ago to 63% as of FYE 2020. We view the company’s deleveraging efforts positively, and expect credit metrics to improve.

  Sunac’s FY 2020 results beat our expectations, especially given its strong recovery in H2. We like the company’s prudent pace of expansion and the decline in borrowings. Sunac’s contracted sales were robust, and continued to be strong in the first two months of 2021. That said, we expect the margin to remain weak, given the declining ASP in past years.   Sunac’s capital structure has gradually improved, and is now less skewed towards debt. Debt/Capitalisation declined from over 80% five years ago to 63% as of FYE 2020. We view the company’s deleveraging efforts positively, and expect credit metrics to improve. 

Sunac - Earnings Flash - FY 2020 Results - Lucror Analytics

Sunac China Holdings

Sunac - Earnings Flash - FY 2020 Results - Lucror Analytics