FLDH

AcronymDefinition
FLDHFarming Language Dispersal Hypothesis
FLDHFox Sperm-Specific Lactate Dehydrogenase (reproductive science)
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
FLDH group's strategy to focus resources on the Yangtze River Delta, a wealthy region in eastern China, and around Shanghai, has helped drive strong sales turnover, as measured by contracted sales/gross debt, and its expansion in scale.
Focus on Yangtze River Delta: FLDH group's strategy to focus resources on the Yangtze River Delta, a wealthy region in eastern China, and around Shanghai, has helped drive strong sales turnover, as measured by contracted sales/gross debt, and its expansion in scale.
- FLDH to maintain a controlling shareholding in FLH and the operational ties between FLDH and FLH do not weaken
Lower Leverage: FLDH leverage dropped to 40% in 2017, from 45% in 2016, following prudent land acquisitions.
Margin Expansion: FLDH's EBITDA margin, after adding back capitalised interest to cost of goods sold, improved to 27.8% in 2017, from 17.5% in 2016.
Fitch uses a consolidated approach to rate FLDH and its 67.81%-owned (as at end-2017) subsidiary, Future Land Holdings Co., Ltd.
Hong Kong: Fitch Ratings says Future Land Development Holdings Limited's (FLDH, BB-/Positive) share placement will improve the company's financial profile and mitigate its structural subordination, which will support its ratings.
Hong Kong: Fitch Ratings has upgraded China-based homebuilder Future Land Development Holdings Limited's (FLDH) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BB' from 'BB-'.
Margin Expansion: FLDH's EBITDA margin (after adding back capitalised interest to cost of goods sold) improved to 27.8% in 2017 from 17.5% in 2016.
- Significant decrease in FLDH's shareholding in FLH resulting in a weak linkage between FLDH and FLH based on Fitch's Parent and Subsidiary Rating Linkage criteria
The rating upgrade reflects the increase in the FLDH group's scale without compromising its financial profile.
FLH is a subsidiary of Future Land Development Holdings Limited (FLDH, BB/Stable).