Kowloon Development（KOX）株式概要九龍開発有限公司は投資持株会社で、香港と中国本土で不動産の投資、開発、管理を行っている。 詳細KOX ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性3/6配当金3/6報酬当社が推定した公正価値より39.8%で取引されている リスク分析過去5年間で収益は年間36.9%減少しました。 負債は営業キャッシュフローで十分にカバーされていない 財務結果に影響を与える大きな一時的項目 5.08%の配当は利益で十分にカバーされていない すべてのリスクチェックを見るKOX Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.4715.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture011b2016201920222025202620282031Revenue HK$9.3bEarnings HK$246.5mAdvancedSet Fair ValueView all narrativesKowloon Development Company Limited 競合他社Instone Real Estate GroupSymbol: XTRA:INSMarket cap: €328.4mGAG ImmobilienSymbol: HMSE:GWK3Market cap: €800.4mKrona Public Real EstateSymbol: DB:927Market cap: €458.2mPATRIZIASymbol: XTRA:PATMarket cap: €676.1m価格と性能株価の高値、安値、推移の概要Kowloon Development過去の株価現在の株価HK$0.4752週高値HK$0.5652週安値HK$0.25ベータ0.321ヶ月の変化0.43%3ヶ月変化-0.84%1年変化82.95%3年間の変化-44.55%5年間の変化-45.13%IPOからの変化-66.84%最新ニュースUpcoming Dividend • Jun 04Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 08 July 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%).Declared Dividend • May 20Final dividend of HK$0.14 announcedShareholders will receive a dividend of HK$0.14. Ex-date: 11th June 2026 Payment date: 8th July 2026 Dividend yield will be 31%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (240% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 167% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend.Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Duff Karman Hsu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 20Kowloon Development Company Limited, Annual General Meeting, Jun 03, 2026Kowloon Development Company Limited, Annual General Meeting, Jun 03, 2026.お知らせ • Mar 06Kowloon Development Company Limited to Report Fiscal Year 2025 Results on Mar 20, 2026Kowloon Development Company Limited announced that they will report fiscal year 2025 results on Mar 20, 2026お知らせ • Aug 23Kowloon Development Company Limited Declares Ordinary Interim (Semi-Annual) Cash Dividend for the Six Months Ended 30 June 2025, Payable on 7 January 2026The Board of Directors of Kowloon Development Company Limited has declared ordinary interim (semi-annual) cash dividend of HKD 0.10 per share for the six months ended 30 June 2025 (2024: HKD 0.10). The interim dividend will be payable on 7 January 2026 to shareholders whose names appear on the register of members of the Company on 16 December 2025. Ex-dividend date is 11 December 2025.最新情報をもっと見るRecent updatesUpcoming Dividend • Jun 04Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 08 July 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%).Declared Dividend • May 20Final dividend of HK$0.14 announcedShareholders will receive a dividend of HK$0.14. Ex-date: 11th June 2026 Payment date: 8th July 2026 Dividend yield will be 31%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (240% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 167% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend.Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Duff Karman Hsu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 20Kowloon Development Company Limited, Annual General Meeting, Jun 03, 2026Kowloon Development Company Limited, Annual General Meeting, Jun 03, 2026.お知らせ • Mar 06Kowloon Development Company Limited to Report Fiscal Year 2025 Results on Mar 20, 2026Kowloon Development Company Limited announced that they will report fiscal year 2025 results on Mar 20, 2026お知らせ • Aug 23Kowloon Development Company Limited Declares Ordinary Interim (Semi-Annual) Cash Dividend for the Six Months Ended 30 June 2025, Payable on 7 January 2026The Board of Directors of Kowloon Development Company Limited has declared ordinary interim (semi-annual) cash dividend of HKD 0.10 per share for the six months ended 30 June 2025 (2024: HKD 0.10). The interim dividend will be payable on 7 January 2026 to shareholders whose names appear on the register of members of the Company on 16 December 2025. Ex-dividend date is 11 December 2025.お知らせ • Aug 09Kowloon Development Company Limited to Report First Half, 2025 Results on Aug 22, 2025Kowloon Development Company Limited announced that they will report first half, 2025 results on Aug 22, 2025お知らせ • Jun 29Kowloon Development Company Limited Announces Changes in Composition of Nomination Committee, Effect from 1 July 2025The board of directors of Kowloon Development Company Limited announced the following changes in the composition of the Nomination Committee of the Company (the "Nomination Committee") with effect from 1 July 2025: (1) Mr. Or Wai Sheun ("Mr Or"), the chairman of the Board and an Executive Director of the Company, will cease to act as the chairman of the Nomination Committee; (2) Mr. Hsu Duff Karman ("Mr Hsu"), an Independent Non-executive Director of the Company, will be re-designated from a member of the Nomination Committee to its chairman; and (3) Ms Ng Chi Man ("Ms Ng"), a Non-executive Director of the Company, will act as a member of the Nomination Committee.お知らせ • Mar 22Kowloon Development Company Limited Proposes Ordinary Final Cash Dividend for the Year Ended 31 December 2024, Payable on 09 July 2025Kowloon Development Company Limited proposed ordinary final cash dividend of HKD 0.12 per share for the year ended 31 December 2024, payable on 09 July 2025. Record date is 17 June 2025. Ex-dividend date is 12 June 2025. Date of shareholders' approval is 04 June 2025.お知らせ • Mar 21Kowloon Development Company Limited, Annual General Meeting, Jun 04, 2025Kowloon Development Company Limited, Annual General Meeting, Jun 04, 2025.お知らせ • Mar 07Kowloon Development Company Limited to Report Fiscal Year 2024 Results on Mar 21, 2025Kowloon Development Company Limited announced that they will report fiscal year 2024 results on Mar 21, 2025Reported Earnings • Sep 30First half 2024 earnings released: EPS: HK$0.087 (vs HK$0.14 in 1H 2023)First half 2024 results: EPS: HK$0.087 (down from HK$0.14 in 1H 2023). Revenue: HK$1.94b (up 52% from 1H 2023). Net income: HK$113.5m (down 39% from 1H 2023). Profit margin: 5.8% (down from 14% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.New Risk • Sep 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.1% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (301% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin).Declared Dividend • Sep 02Dividend of HK$0.10 announcedShareholders will receive a dividend of HK$0.10. Ex-date: 12th December 2024 Payment date: 8th January 2025 Dividend yield will be 30%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (301% earnings payout ratio). However, it is covered by cash flows (67% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 38% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Aug 26First half 2024 earnings released: EPS: HK$0.087 (vs HK$0.14 in 1H 2023)First half 2024 results: EPS: HK$0.087 (down from HK$0.14 in 1H 2023). Revenue: HK$1.94b (up 52% from 1H 2023). Net income: HK$113.5m (down 39% from 1H 2023). Profit margin: 5.8% (down from 14% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.お知らせ • Aug 09Kowloon Development Company Limited to Report First Half, 2024 Results on Aug 23, 2024Kowloon Development Company Limited announced that they will report first half, 2024 results on Aug 23, 2024New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Earnings have declined by 18% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (290% payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).お知らせ • Jun 06Kowloon Development Company Limited Declares Final Dividend for the Year Ended 31 December 2023Kowloon Development Company Limited at its AGM held on June 5, 2024, declared a final dividend of HKD 0.57 per share for the year ended 31 December 2023 (payable wholly in the form of new fully paid shares of the Company).New Risk • Mar 27New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 290% Dividend yield: 17% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt). Earnings have declined by 18% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (290% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).Reported Earnings • Mar 24Full year 2023 earnings released: EPS: HK$0.29 (vs HK$1.03 in FY 2022)Full year 2023 results: EPS: HK$0.29 (down from HK$1.03 in FY 2022). Revenue: HK$2.94b (down 36% from FY 2022). Net income: HK$337.2m (down 72% from FY 2022). Profit margin: 12% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 22Kowloon Development Company Limited, Annual General Meeting, Jun 05, 2024Kowloon Development Company Limited, Annual General Meeting, Jun 05, 2024, at 10:00 China Standard Time. Location: 9th Floor, Pioneer Centre, 750 Nathan Road Kowloon Kowloon Hong Kongお知らせ • Mar 09Kowloon Development Company Limited to Report Fiscal Year 2023 Results on Mar 22, 2024Kowloon Development Company Limited announced that they will report fiscal year 2023 results on Mar 22, 2024New Risk • Feb 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.0% operating cash flow to total debt). Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (24% net profit margin).Recent Insider Transactions • Jan 12Chairman & CEO recently bought €148k worth of stockOn the 5th of January, Wai Sheun Or bought around 210k shares on-market at roughly €0.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €379k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €20m worth in shares.Recent Insider Transactions • Dec 26Chairman & CEO recently bought €179k worth of stockOn the 18th of December, Wai Sheun Or bought around 260k shares on-market at roughly €0.69 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €379k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €19m worth in shares.Recent Insider Transactions • Dec 19Chairman & CEO recently bought €227k worth of stockOn the 12th of December, Wai Sheun Or bought around 320k shares on-market at roughly €0.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €379k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €17m worth in shares.Upcoming Dividend • Dec 08Upcoming dividend of HK$0.26 per share at 14% yieldEligible shareholders must have bought the stock before 15 December 2023. Payment date: 09 January 2024. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 14%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.3%).Recent Insider Transactions • Nov 29Chairman & CEO recently bought €256k worth of stockOn the 20th of November, Wai Sheun Or bought around 330k shares on-market at roughly €0.77 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €277k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €14m worth in shares.Recent Insider Transactions • Nov 19Chairman & CEO recently bought €256k worth of stockOn the 13th of November, Wai Sheun Or bought around 320k shares on-market at roughly €0.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €277k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €13m worth in shares.Recent Insider Transactions • Oct 31Chairman & CEO recently bought €245k worth of stockOn the 24th of October, Wai Sheun Or bought around 296k shares on-market at roughly €0.83 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €277k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares.Recent Insider Transactions • Oct 25Chairman & CEO recently bought €167k worth of stockOn the 16th of October, Wai Sheun Or bought around 200k shares on-market at roughly €0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €271k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €9.7m worth in shares.Recent Insider Transactions • Oct 18Chairman & CEO recently bought €222k worth of stockOn the 11th of October, Wai Sheun Or bought around 265k shares on-market at roughly €0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €270k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €9.7m worth in shares.Recent Insider Transactions • Oct 10Chairman & CEO recently bought €132k worth of stockOn the 3rd of October, Wai Sheun Or bought around 160k shares on-market at roughly €0.82 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €456k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares.Recent Insider Transactions • Oct 05Chairman & CEO recently bought €270k worth of stockOn the 26th of September, Wai Sheun Or bought around 320k shares on-market at roughly €0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €456k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares.Recent Insider Transactions • Sep 26Chairman & CEO recently bought €134k worth of stockOn the 19th of September, Wai Sheun Or bought around 160k shares on-market at roughly €0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €456k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €12m worth in shares.お知らせ • Aug 20Kowloon Development Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 09 January 2024Kowloon Development Company Limited announced the interim dividend of HKD 0.26 per share for the Six Months ended 30 June 2023. Ex-dividend date is on 15 December 2023 with Record date is on 20 December 2023. Payment date is on 09 January 2024.Reported Earnings • Aug 20First half 2023 earnings released: EPS: HK$0.16 (vs HK$0.13 in 1H 2022)First half 2023 results: EPS: HK$0.16 (up from HK$0.13 in 1H 2022). Revenue: HK$1.28b (up 76% from 1H 2022). Net income: HK$184.5m (up 21% from 1H 2022). Profit margin: 14% (down from 21% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Aug 05Kowloon Development Company Limited to Report Q2, 2023 Results on Aug 18, 2023Kowloon Development Company Limited announced that they will report Q2, 2023 results on Aug 18, 2023Recent Insider Transactions • Jul 26Chairman & CEO recently bought €456k worth of stockOn the 18th of July, Wai Sheun Or bought around 500k shares on-market at roughly €0.91 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €13m worth in shares.Recent Insider Transactions • Jul 16Chairman & CEO recently bought €236k worth of stockOn the 10th of July, Wai Sheun Or bought around 250k shares on-market at roughly €0.95 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares.Upcoming Dividend • Jun 08Upcoming dividend of HK$0.57 per share at 9.2% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 05 July 2023. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 9.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.5%).Recent Insider Transactions • Jun 05Chairman & CEO recently bought €102k worth of stockOn the 29th of May, Wai Sheun Or bought around 100k shares on-market at roughly €1.02 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €122k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €8.2m worth in shares.Recent Insider Transactions • May 14Chairman & CEO recently bought €99k worth of stockOn the 5th of May, Wai Sheun Or bought around 100k shares on-market at roughly €0.99 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €6.7m worth in shares.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: HK$1.03 (vs HK$1.88 in FY 2021)Full year 2022 results: EPS: HK$1.03 (down from HK$1.88 in FY 2021). Revenue: HK$4.58b (up 124% from FY 2021). Net income: HK$1.21b (down 45% from FY 2021). Profit margin: 27% (down from 108% in FY 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Buying Opportunity • Dec 17Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be €1.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Earnings per share has declined by 15%.Upcoming Dividend • Dec 09Upcoming dividend of HK$0.26 per shareEligible shareholders must have bought the stock before 16 December 2022. Payment date: 04 January 2023. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (6.0%).Recent Insider Transactions • Nov 17Chairman & CEO recently bought €89k worth of stockOn the 15th of November, Wai Sheun Or bought around 100k shares on-market at roughly €0.89 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €426k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €6.6m worth in shares.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Duff Karman Hsu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Recent Insider Transactions • Nov 04Chairman & CEO recently bought €64k worth of stockOn the 26th of October, Wai Sheun Or bought around 70k shares on-market at roughly €0.92 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €426k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €6.5m worth in shares.Recent Insider Transactions • Oct 25Chairman & CEO recently bought €378k worth of stockOn the 17th of October, Wai Sheun Or bought around 340k shares on-market at roughly €1.11 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €426k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €6.2m worth in shares.Recent Insider Transactions • Oct 18Chairman & CEO recently bought €426k worth of stockOn the 12th of October, Wai Sheun Or bought around 370k shares on-market at roughly €1.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €5.1m worth in shares.Recent Insider Transactions • Oct 11Chairman & CEO recently bought €306k worth of stockOn the 7th of October, Wai Sheun Or bought around 260k shares on-market at roughly €1.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €318k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €3.1m worth in shares.Recent Insider Transactions • Sep 25Chairman & CEO recently bought €166k worth of stockOn the 21st of September, Wai Sheun Or bought around 140k shares on-market at roughly €1.19 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €307k worth in shares.Reported Earnings • Aug 18First half 2022 earnings released: EPS: HK$0.13 (vs HK$0.53 in 1H 2021)First half 2022 results: EPS: HK$0.13 (down from HK$0.53 in 1H 2021). Revenue: HK$723.6m (down 27% from 1H 2021). Net income: HK$152.2m (down 75% from 1H 2021). Profit margin: 21% (down from 62% in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Aug 18Kowloon Development Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payment Date Is 04 January 2023Kowloon Development Company Limited announced Interim Dividend of HKD 0.26 per share for the Six Months ended 30 June 2022. Ex-dividend date is 16 December 2022. Record date is 21 December 2022. Payment date is 04 January 2023.お知らせ • Jul 30+ 1 more updateKowloon Development Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022Kowloon Development Company Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the six months, the Group is expected to record a significant decrease in profit attributable to shareholders of the company in the range of 70% to 80% as compared to that of the corresponding period in 2021, which was mainly due to the decrease in net fair value gains on investment properties in Hong Kong.お知らせ • Jun 25Kowloon Development Company Limited Announces Executive ChangesKowloon Development Company Limited announced that Mr. Lee Kuen Chiu has resigned as the Company Secretary and an authorised representative of the Company with effect from 24 June 2022. Ms. Tse Wah Ting, Wendy has been appointed as the Company Secretary and an authorised representative of the Company with effect from 24 June 2022. Ms. Tse holds a Master of Laws degree in Chinese Business Law from The Chinese University of Hong Kong and a Bachelor of Laws degree from the University of London. She is an associate member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. Ms Tse joined the Company as the Assistant Company Secretary in October 2006 and has over 20 years of practical experience in the company secretarial field for Hong Kong listed companies.Upcoming Dividend • Jun 14Upcoming dividend of HK$0.57 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 06 July 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.5%).お知らせ • Jun 09Kowloon Development Company Limited Appoints Lok Kung Chin, Hardy as Chairman of the Remuneration CommitteeKowloon Development Company Limited announced that Mr. Lok Kung Chin, Hardy, an Independent Non-executive Director of the Company, has been appointed as the chairman of the RemunerationCommittee of the Company to fill up the vacancy as a result of the retirement of M.r Seto Gin Chung, John with effect from the conclusion of the AGM.Reported Earnings • Apr 28Full year 2021 earnings released: EPS: HK$1.88 (vs HK$0.50 in FY 2020)Full year 2021 results: EPS: HK$1.88 (up from HK$0.50 in FY 2020). Revenue: HK$2.05b (down 56% from FY 2020). Net income: HK$2.21b (up 274% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 9 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director David John Shaw was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Feb 27Kowloon Development Company Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2021Kowloon Development Company Limited provided consolidated earnings guidance for the year ended 31 December 2021. The Board of the company informed the shareholders of the Company and potential investors that, based on a preliminary review of the draft unaudited consolidated management accounts of the Group for the year ended 31 December 2021, the Group is expected to record a significant increase in net profit attributable to shareholders of the Company in the range of 170% to 180% for the year ended 31 December 2021 as compared to that of the corresponding period in 2020, which was mainly due to the significant net fair value gains on investment properties in Hong Kong arising from the acceptance of the land premium offered by the Government of the Hong Kong Special Administrative Region with regard to an investment property under development located at No. 35 Clear Water Bay Road, Ngau Chi Wan, partially offset by provision for financial investments.Upcoming Dividend • Nov 04Upcoming dividend of HK$0.25 per shareEligible shareholders must have bought the stock before 11 November 2021. Payment date: 01 December 2021. Trailing yield: 7.7%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.0%).Reported Earnings • Sep 26First half 2021 earnings released: EPS HK$0.53 (vs HK$0.43 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$995.6m (down 71% from 1H 2020). Net income: HK$619.3m (up 23% from 1H 2020). Profit margin: 62% (up from 15% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Aug 21First half 2021 earnings released: EPS HK$0.53 (vs HK$0.49 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$995.6m (down 73% from 1H 2020). Net income: HK$619.3m (up 7.6% from 1H 2020). Profit margin: 62% (up from 15% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 01Upcoming dividend of HK$0.56 per shareEligible shareholders must have bought the stock before 07 June 2021. Payment date: 25 June 2021. Trailing yield: 8.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.9%).お知らせ • Mar 18Kowloon Development Company Limited to Report Fiscal Year 2020 Results on Mar 31, 2021Kowloon Development Company Limited announced that they will report fiscal year 2020 results on Mar 31, 2021Is New 90 Day High Low • Mar 09New 90-day high: €0.93The company is up 20% from its price of €0.78 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 3.0% over the same period.Is New 90 Day High Low • Feb 10New 90-day high: €0.91The company is up 14% from its price of €0.80 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period.Is New 90 Day High Low • Jan 08New 90-day high: €0.84The company is up 1.0% from its price of €0.83 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Real Estate industry, which is also up 1.0% over the same period.Is New 90 Day High Low • Dec 18New 90-day low: €0.77The company is down 23% from its price of €0.99 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 2.0% over the same period.Is New 90 Day High Low • Oct 29New 90-day low: €0.81The company is down 9.0% from its price of €0.90 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 3.0% over the same period.Is New 90 Day High Low • Oct 07New 90-day high: €1.04The company is up 9.0% from its price of €0.95 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period.Reported Earnings • Sep 26First half earnings releasedOver the last 12 months the company has reported total profits of HK$1.17b, down 61% from the prior year. Total revenue was HK$9.69b over the last 12 months, up 24% from the prior year.お知らせ • Aug 06Kowloon Development Company Limited to Report First Half, 2020 Results on Aug 19, 2020Kowloon Development Company Limited announced that they will report first half, 2020 results on Aug 19, 2020株主還元KOXDE Real EstateDE 市場7D-6.5%-0.08%-0.7%1Y82.9%-19.7%2.0%株主還元を見る業界別リターン: KOX過去 1 年間で-19.7 % の収益を上げたGerman Real Estate業界を上回りました。リターン対市場: KOX過去 1 年間で2 % の収益を上げたGerman市場を上回りました。価格変動Is KOX's price volatile compared to industry and market?KOX volatilityKOX Average Weekly Movement5.7%Real Estate Industry Average Movement5.1%Market Average Movement5.9%10% most volatile stocks in DE Market13.0%10% least volatile stocks in DE Market2.8%安定した株価: KOX 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: KOXの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19611,992Johnny Orwww.kdc.com.hk九龍開発有限公司は投資持株会社で、香港と中国本土で不動産の投資、開発、管理に従事している。同社の不動産ポートフォリオは、オフィス、小売店、ショッピングモール、駐車場などで構成されている。同社は、警備、技術、ハウスキーピング・サービス、建物調査・警備サービス、金融投資・サービス、プロジェクト管理サービスを提供し、建設契約も請け負っている。また、財務業務、小売業務、映画やシネマトグラフの配給も行っている。同社は1961年に設立され、香港の旺角に本社を置いている。九龍開発有限公司はインテリインサイト・ホールディングス・リミテッドの子会社である。もっと見るKowloon Development Company Limited 基礎のまとめKowloon Development の収益と売上を時価総額と比較するとどうか。KOX 基礎統計学時価総額€680.03m収益（TTM）€14.40m売上高(TTM)€546.35m47.2xPER（株価収益率1.2xP/SレシオKOX は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計KOX 損益計算書（TTM）収益HK$4.95b売上原価HK$2.28b売上総利益HK$2.68bその他の費用HK$2.55b収益HK$130.58m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）0.10グロス・マージン54.04%純利益率2.64%有利子負債／自己資本比率117.8%KOX の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.1%現在の配当利回り240%配当性向KOX 配当は確実ですか？KOX 配当履歴とベンチマークを見るKOX 、いつまでに購入すれば配当金を受け取れますか？Kowloon Development 配当日配当落ち日Jun 11 2026配当支払日Jul 08 2026配当落ちまでの日数3 days配当支払日までの日数24 daysKOX 配当は確実ですか？KOX 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/12 20:18終値2026/06/12 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kowloon Development Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Sylvia WongUOB Kay Hian Research Pte Ltd
Upcoming Dividend • Jun 04Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 08 July 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%).
Declared Dividend • May 20Final dividend of HK$0.14 announcedShareholders will receive a dividend of HK$0.14. Ex-date: 11th June 2026 Payment date: 8th July 2026 Dividend yield will be 31%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (240% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 167% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend.
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Duff Karman Hsu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 20Kowloon Development Company Limited, Annual General Meeting, Jun 03, 2026Kowloon Development Company Limited, Annual General Meeting, Jun 03, 2026.
お知らせ • Mar 06Kowloon Development Company Limited to Report Fiscal Year 2025 Results on Mar 20, 2026Kowloon Development Company Limited announced that they will report fiscal year 2025 results on Mar 20, 2026
お知らせ • Aug 23Kowloon Development Company Limited Declares Ordinary Interim (Semi-Annual) Cash Dividend for the Six Months Ended 30 June 2025, Payable on 7 January 2026The Board of Directors of Kowloon Development Company Limited has declared ordinary interim (semi-annual) cash dividend of HKD 0.10 per share for the six months ended 30 June 2025 (2024: HKD 0.10). The interim dividend will be payable on 7 January 2026 to shareholders whose names appear on the register of members of the Company on 16 December 2025. Ex-dividend date is 11 December 2025.
Upcoming Dividend • Jun 04Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 08 July 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%).
Declared Dividend • May 20Final dividend of HK$0.14 announcedShareholders will receive a dividend of HK$0.14. Ex-date: 11th June 2026 Payment date: 8th July 2026 Dividend yield will be 31%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (240% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 167% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend.
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Duff Karman Hsu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 20Kowloon Development Company Limited, Annual General Meeting, Jun 03, 2026Kowloon Development Company Limited, Annual General Meeting, Jun 03, 2026.
お知らせ • Mar 06Kowloon Development Company Limited to Report Fiscal Year 2025 Results on Mar 20, 2026Kowloon Development Company Limited announced that they will report fiscal year 2025 results on Mar 20, 2026
お知らせ • Aug 23Kowloon Development Company Limited Declares Ordinary Interim (Semi-Annual) Cash Dividend for the Six Months Ended 30 June 2025, Payable on 7 January 2026The Board of Directors of Kowloon Development Company Limited has declared ordinary interim (semi-annual) cash dividend of HKD 0.10 per share for the six months ended 30 June 2025 (2024: HKD 0.10). The interim dividend will be payable on 7 January 2026 to shareholders whose names appear on the register of members of the Company on 16 December 2025. Ex-dividend date is 11 December 2025.
お知らせ • Aug 09Kowloon Development Company Limited to Report First Half, 2025 Results on Aug 22, 2025Kowloon Development Company Limited announced that they will report first half, 2025 results on Aug 22, 2025
お知らせ • Jun 29Kowloon Development Company Limited Announces Changes in Composition of Nomination Committee, Effect from 1 July 2025The board of directors of Kowloon Development Company Limited announced the following changes in the composition of the Nomination Committee of the Company (the "Nomination Committee") with effect from 1 July 2025: (1) Mr. Or Wai Sheun ("Mr Or"), the chairman of the Board and an Executive Director of the Company, will cease to act as the chairman of the Nomination Committee; (2) Mr. Hsu Duff Karman ("Mr Hsu"), an Independent Non-executive Director of the Company, will be re-designated from a member of the Nomination Committee to its chairman; and (3) Ms Ng Chi Man ("Ms Ng"), a Non-executive Director of the Company, will act as a member of the Nomination Committee.
お知らせ • Mar 22Kowloon Development Company Limited Proposes Ordinary Final Cash Dividend for the Year Ended 31 December 2024, Payable on 09 July 2025Kowloon Development Company Limited proposed ordinary final cash dividend of HKD 0.12 per share for the year ended 31 December 2024, payable on 09 July 2025. Record date is 17 June 2025. Ex-dividend date is 12 June 2025. Date of shareholders' approval is 04 June 2025.
お知らせ • Mar 21Kowloon Development Company Limited, Annual General Meeting, Jun 04, 2025Kowloon Development Company Limited, Annual General Meeting, Jun 04, 2025.
お知らせ • Mar 07Kowloon Development Company Limited to Report Fiscal Year 2024 Results on Mar 21, 2025Kowloon Development Company Limited announced that they will report fiscal year 2024 results on Mar 21, 2025
Reported Earnings • Sep 30First half 2024 earnings released: EPS: HK$0.087 (vs HK$0.14 in 1H 2023)First half 2024 results: EPS: HK$0.087 (down from HK$0.14 in 1H 2023). Revenue: HK$1.94b (up 52% from 1H 2023). Net income: HK$113.5m (down 39% from 1H 2023). Profit margin: 5.8% (down from 14% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
New Risk • Sep 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.1% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (301% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin).
Declared Dividend • Sep 02Dividend of HK$0.10 announcedShareholders will receive a dividend of HK$0.10. Ex-date: 12th December 2024 Payment date: 8th January 2025 Dividend yield will be 30%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (301% earnings payout ratio). However, it is covered by cash flows (67% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 38% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Aug 26First half 2024 earnings released: EPS: HK$0.087 (vs HK$0.14 in 1H 2023)First half 2024 results: EPS: HK$0.087 (down from HK$0.14 in 1H 2023). Revenue: HK$1.94b (up 52% from 1H 2023). Net income: HK$113.5m (down 39% from 1H 2023). Profit margin: 5.8% (down from 14% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 09Kowloon Development Company Limited to Report First Half, 2024 Results on Aug 23, 2024Kowloon Development Company Limited announced that they will report first half, 2024 results on Aug 23, 2024
New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Earnings have declined by 18% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (290% payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).
お知らせ • Jun 06Kowloon Development Company Limited Declares Final Dividend for the Year Ended 31 December 2023Kowloon Development Company Limited at its AGM held on June 5, 2024, declared a final dividend of HKD 0.57 per share for the year ended 31 December 2023 (payable wholly in the form of new fully paid shares of the Company).
New Risk • Mar 27New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 290% Dividend yield: 17% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt). Earnings have declined by 18% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (290% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).
Reported Earnings • Mar 24Full year 2023 earnings released: EPS: HK$0.29 (vs HK$1.03 in FY 2022)Full year 2023 results: EPS: HK$0.29 (down from HK$1.03 in FY 2022). Revenue: HK$2.94b (down 36% from FY 2022). Net income: HK$337.2m (down 72% from FY 2022). Profit margin: 12% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 22Kowloon Development Company Limited, Annual General Meeting, Jun 05, 2024Kowloon Development Company Limited, Annual General Meeting, Jun 05, 2024, at 10:00 China Standard Time. Location: 9th Floor, Pioneer Centre, 750 Nathan Road Kowloon Kowloon Hong Kong
お知らせ • Mar 09Kowloon Development Company Limited to Report Fiscal Year 2023 Results on Mar 22, 2024Kowloon Development Company Limited announced that they will report fiscal year 2023 results on Mar 22, 2024
New Risk • Feb 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.0% operating cash flow to total debt). Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (24% net profit margin).
Recent Insider Transactions • Jan 12Chairman & CEO recently bought €148k worth of stockOn the 5th of January, Wai Sheun Or bought around 210k shares on-market at roughly €0.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €379k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €20m worth in shares.
Recent Insider Transactions • Dec 26Chairman & CEO recently bought €179k worth of stockOn the 18th of December, Wai Sheun Or bought around 260k shares on-market at roughly €0.69 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €379k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €19m worth in shares.
Recent Insider Transactions • Dec 19Chairman & CEO recently bought €227k worth of stockOn the 12th of December, Wai Sheun Or bought around 320k shares on-market at roughly €0.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €379k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €17m worth in shares.
Upcoming Dividend • Dec 08Upcoming dividend of HK$0.26 per share at 14% yieldEligible shareholders must have bought the stock before 15 December 2023. Payment date: 09 January 2024. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 14%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.3%).
Recent Insider Transactions • Nov 29Chairman & CEO recently bought €256k worth of stockOn the 20th of November, Wai Sheun Or bought around 330k shares on-market at roughly €0.77 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €277k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €14m worth in shares.
Recent Insider Transactions • Nov 19Chairman & CEO recently bought €256k worth of stockOn the 13th of November, Wai Sheun Or bought around 320k shares on-market at roughly €0.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €277k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €13m worth in shares.
Recent Insider Transactions • Oct 31Chairman & CEO recently bought €245k worth of stockOn the 24th of October, Wai Sheun Or bought around 296k shares on-market at roughly €0.83 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €277k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares.
Recent Insider Transactions • Oct 25Chairman & CEO recently bought €167k worth of stockOn the 16th of October, Wai Sheun Or bought around 200k shares on-market at roughly €0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €271k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €9.7m worth in shares.
Recent Insider Transactions • Oct 18Chairman & CEO recently bought €222k worth of stockOn the 11th of October, Wai Sheun Or bought around 265k shares on-market at roughly €0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €270k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €9.7m worth in shares.
Recent Insider Transactions • Oct 10Chairman & CEO recently bought €132k worth of stockOn the 3rd of October, Wai Sheun Or bought around 160k shares on-market at roughly €0.82 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €456k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares.
Recent Insider Transactions • Oct 05Chairman & CEO recently bought €270k worth of stockOn the 26th of September, Wai Sheun Or bought around 320k shares on-market at roughly €0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €456k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares.
Recent Insider Transactions • Sep 26Chairman & CEO recently bought €134k worth of stockOn the 19th of September, Wai Sheun Or bought around 160k shares on-market at roughly €0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €456k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €12m worth in shares.
お知らせ • Aug 20Kowloon Development Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 09 January 2024Kowloon Development Company Limited announced the interim dividend of HKD 0.26 per share for the Six Months ended 30 June 2023. Ex-dividend date is on 15 December 2023 with Record date is on 20 December 2023. Payment date is on 09 January 2024.
Reported Earnings • Aug 20First half 2023 earnings released: EPS: HK$0.16 (vs HK$0.13 in 1H 2022)First half 2023 results: EPS: HK$0.16 (up from HK$0.13 in 1H 2022). Revenue: HK$1.28b (up 76% from 1H 2022). Net income: HK$184.5m (up 21% from 1H 2022). Profit margin: 14% (down from 21% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Aug 05Kowloon Development Company Limited to Report Q2, 2023 Results on Aug 18, 2023Kowloon Development Company Limited announced that they will report Q2, 2023 results on Aug 18, 2023
Recent Insider Transactions • Jul 26Chairman & CEO recently bought €456k worth of stockOn the 18th of July, Wai Sheun Or bought around 500k shares on-market at roughly €0.91 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €13m worth in shares.
Recent Insider Transactions • Jul 16Chairman & CEO recently bought €236k worth of stockOn the 10th of July, Wai Sheun Or bought around 250k shares on-market at roughly €0.95 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares.
Upcoming Dividend • Jun 08Upcoming dividend of HK$0.57 per share at 9.2% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 05 July 2023. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 9.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.5%).
Recent Insider Transactions • Jun 05Chairman & CEO recently bought €102k worth of stockOn the 29th of May, Wai Sheun Or bought around 100k shares on-market at roughly €1.02 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €122k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €8.2m worth in shares.
Recent Insider Transactions • May 14Chairman & CEO recently bought €99k worth of stockOn the 5th of May, Wai Sheun Or bought around 100k shares on-market at roughly €0.99 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €6.7m worth in shares.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: HK$1.03 (vs HK$1.88 in FY 2021)Full year 2022 results: EPS: HK$1.03 (down from HK$1.88 in FY 2021). Revenue: HK$4.58b (up 124% from FY 2021). Net income: HK$1.21b (down 45% from FY 2021). Profit margin: 27% (down from 108% in FY 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Buying Opportunity • Dec 17Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be €1.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Earnings per share has declined by 15%.
Upcoming Dividend • Dec 09Upcoming dividend of HK$0.26 per shareEligible shareholders must have bought the stock before 16 December 2022. Payment date: 04 January 2023. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (6.0%).
Recent Insider Transactions • Nov 17Chairman & CEO recently bought €89k worth of stockOn the 15th of November, Wai Sheun Or bought around 100k shares on-market at roughly €0.89 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €426k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €6.6m worth in shares.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Duff Karman Hsu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Recent Insider Transactions • Nov 04Chairman & CEO recently bought €64k worth of stockOn the 26th of October, Wai Sheun Or bought around 70k shares on-market at roughly €0.92 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €426k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €6.5m worth in shares.
Recent Insider Transactions • Oct 25Chairman & CEO recently bought €378k worth of stockOn the 17th of October, Wai Sheun Or bought around 340k shares on-market at roughly €1.11 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €426k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €6.2m worth in shares.
Recent Insider Transactions • Oct 18Chairman & CEO recently bought €426k worth of stockOn the 12th of October, Wai Sheun Or bought around 370k shares on-market at roughly €1.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €5.1m worth in shares.
Recent Insider Transactions • Oct 11Chairman & CEO recently bought €306k worth of stockOn the 7th of October, Wai Sheun Or bought around 260k shares on-market at roughly €1.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €318k. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €3.1m worth in shares.
Recent Insider Transactions • Sep 25Chairman & CEO recently bought €166k worth of stockOn the 21st of September, Wai Sheun Or bought around 140k shares on-market at roughly €1.19 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheun has been a buyer over the last 12 months, purchasing a net total of €307k worth in shares.
Reported Earnings • Aug 18First half 2022 earnings released: EPS: HK$0.13 (vs HK$0.53 in 1H 2021)First half 2022 results: EPS: HK$0.13 (down from HK$0.53 in 1H 2021). Revenue: HK$723.6m (down 27% from 1H 2021). Net income: HK$152.2m (down 75% from 1H 2021). Profit margin: 21% (down from 62% in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Aug 18Kowloon Development Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payment Date Is 04 January 2023Kowloon Development Company Limited announced Interim Dividend of HKD 0.26 per share for the Six Months ended 30 June 2022. Ex-dividend date is 16 December 2022. Record date is 21 December 2022. Payment date is 04 January 2023.
お知らせ • Jul 30+ 1 more updateKowloon Development Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022Kowloon Development Company Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the six months, the Group is expected to record a significant decrease in profit attributable to shareholders of the company in the range of 70% to 80% as compared to that of the corresponding period in 2021, which was mainly due to the decrease in net fair value gains on investment properties in Hong Kong.
お知らせ • Jun 25Kowloon Development Company Limited Announces Executive ChangesKowloon Development Company Limited announced that Mr. Lee Kuen Chiu has resigned as the Company Secretary and an authorised representative of the Company with effect from 24 June 2022. Ms. Tse Wah Ting, Wendy has been appointed as the Company Secretary and an authorised representative of the Company with effect from 24 June 2022. Ms. Tse holds a Master of Laws degree in Chinese Business Law from The Chinese University of Hong Kong and a Bachelor of Laws degree from the University of London. She is an associate member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. Ms Tse joined the Company as the Assistant Company Secretary in October 2006 and has over 20 years of practical experience in the company secretarial field for Hong Kong listed companies.
Upcoming Dividend • Jun 14Upcoming dividend of HK$0.57 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 06 July 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.5%).
お知らせ • Jun 09Kowloon Development Company Limited Appoints Lok Kung Chin, Hardy as Chairman of the Remuneration CommitteeKowloon Development Company Limited announced that Mr. Lok Kung Chin, Hardy, an Independent Non-executive Director of the Company, has been appointed as the chairman of the RemunerationCommittee of the Company to fill up the vacancy as a result of the retirement of M.r Seto Gin Chung, John with effect from the conclusion of the AGM.
Reported Earnings • Apr 28Full year 2021 earnings released: EPS: HK$1.88 (vs HK$0.50 in FY 2020)Full year 2021 results: EPS: HK$1.88 (up from HK$0.50 in FY 2020). Revenue: HK$2.05b (down 56% from FY 2020). Net income: HK$2.21b (up 274% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 9 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director David John Shaw was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Feb 27Kowloon Development Company Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2021Kowloon Development Company Limited provided consolidated earnings guidance for the year ended 31 December 2021. The Board of the company informed the shareholders of the Company and potential investors that, based on a preliminary review of the draft unaudited consolidated management accounts of the Group for the year ended 31 December 2021, the Group is expected to record a significant increase in net profit attributable to shareholders of the Company in the range of 170% to 180% for the year ended 31 December 2021 as compared to that of the corresponding period in 2020, which was mainly due to the significant net fair value gains on investment properties in Hong Kong arising from the acceptance of the land premium offered by the Government of the Hong Kong Special Administrative Region with regard to an investment property under development located at No. 35 Clear Water Bay Road, Ngau Chi Wan, partially offset by provision for financial investments.
Upcoming Dividend • Nov 04Upcoming dividend of HK$0.25 per shareEligible shareholders must have bought the stock before 11 November 2021. Payment date: 01 December 2021. Trailing yield: 7.7%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.0%).
Reported Earnings • Sep 26First half 2021 earnings released: EPS HK$0.53 (vs HK$0.43 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$995.6m (down 71% from 1H 2020). Net income: HK$619.3m (up 23% from 1H 2020). Profit margin: 62% (up from 15% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 21First half 2021 earnings released: EPS HK$0.53 (vs HK$0.49 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$995.6m (down 73% from 1H 2020). Net income: HK$619.3m (up 7.6% from 1H 2020). Profit margin: 62% (up from 15% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 01Upcoming dividend of HK$0.56 per shareEligible shareholders must have bought the stock before 07 June 2021. Payment date: 25 June 2021. Trailing yield: 8.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.9%).
お知らせ • Mar 18Kowloon Development Company Limited to Report Fiscal Year 2020 Results on Mar 31, 2021Kowloon Development Company Limited announced that they will report fiscal year 2020 results on Mar 31, 2021
Is New 90 Day High Low • Mar 09New 90-day high: €0.93The company is up 20% from its price of €0.78 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Feb 10New 90-day high: €0.91The company is up 14% from its price of €0.80 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Jan 08New 90-day high: €0.84The company is up 1.0% from its price of €0.83 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Real Estate industry, which is also up 1.0% over the same period.
Is New 90 Day High Low • Dec 18New 90-day low: €0.77The company is down 23% from its price of €0.99 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Oct 29New 90-day low: €0.81The company is down 9.0% from its price of €0.90 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Oct 07New 90-day high: €1.04The company is up 9.0% from its price of €0.95 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period.
Reported Earnings • Sep 26First half earnings releasedOver the last 12 months the company has reported total profits of HK$1.17b, down 61% from the prior year. Total revenue was HK$9.69b over the last 12 months, up 24% from the prior year.
お知らせ • Aug 06Kowloon Development Company Limited to Report First Half, 2020 Results on Aug 19, 2020Kowloon Development Company Limited announced that they will report first half, 2020 results on Aug 19, 2020
