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

Zoomlion’s H1/20 results were strong, despite a weak Q1 on account of COVID-19. Revenue growth was supported by positive market sentiment from the construction and agriculture segments. Margins have been expanding. In addition, credit metrics are improving, the increase in borrowings notwithstanding. The recent private placement is credit positive, and will further improve Zoomlion’s leverage. We note that the construction equipment industry has continued to recover, benefiting from rising replacement demand and infrastructure investments. In H1/20, excavator sales in China were up 24% y-o-y, supported by increased infrastructure investment in Q2. The country continues to increase its emphasis on the agriculture sector against the backdrop of COVID-19, which may spur more activity in the market for agricultural machinery.

  Zoomlion’s H1/20 results were strong, despite a weak Q1 on account of COVID-19. Revenue growth was supported by positive market sentiment from the construction and agriculture segments. Margins have been expanding. In addition, credit metrics are improving, the increase in borrowings notwithstanding. The recent private placement is credit positive, and will further improve Zoomlion’s leverage.   We note that the construction equipment industry has continued to recover, benefiting from rising replacement demand and infrastructure investments. In H1/20, excavator sales in China were up 24% y-o-y, supported by increased infrastructure investment in Q2. The country continues to increase its emphasis on the agriculture sector against the backdrop of COVID-19, which may spur more activity in the market for agricultural machinery. 

Zoomlion - Earnings Flash - H1 FY 2020 Results - Lucror Analytics

Zoomlion Heavy Industry H

Zoomlion - Earnings Flash - H1 FY 2020 Results - Lucror Analytics