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Hang Lung Properties LimitedSEHK:101 Stock Report

Market Cap HK$39.8b
Share Price
HK$7.87
HK$10.94
28.1% undervalued intrinsic discount
1Y24.1%
7D-2.1%
1D
Portfolio Value
View

Hang Lung Properties Limited

SEHK:101 Stock Report

Market Cap: HK$39.8b

Hang Lung Properties (101) Stock Overview

An investment holding company, operates as a property developer in Hong Kong and Mainland China. More details

101 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance1/6
Financial Health3/6
Dividends2/6

101 Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Hang Lung Properties Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hang Lung Properties
Historical stock prices
Current Share PriceHK$7.87
52 Week HighHK$10.30
52 Week LowHK$6.32
Beta0.74
1 Month Change-13.04%
3 Month Change-18.36%
1 Year Change24.13%
3 Year Change-40.38%
5 Year Change-60.17%
Change since IPO47.59%

Recent News & Updates

Narrative Update May 27

101: Updated Profit Outlook And P/E Assumptions Will Support Further Upside

Analysts have made a small trim to their fair value estimate for Hang Lung Properties, and the updated HK$10.94 price target reflects slightly different assumptions on discount rate, revenue growth, profit margins and future P/E. Valuation Changes Fair Value: HK$10.98 has moved slightly to HK$10.94, representing a small adjustment to the modelled price level.
Narrative Update May 07

101: Slightly Higher Margins And Lower Required Returns Will Support Future Upside

Analysts maintain their Hang Lung Properties target at HK$12.00, with slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions supporting this unchanged view. Valuation Changes Fair Value: HK$12.0 remains unchanged, keeping the analyst fair value estimate steady.
Narrative Update Apr 22

101: Updated Profitability Assumptions Will Sustain Fair Pricing But Keep Earnings Quality Exposed

Analysts have raised their price target for Hang Lung Properties to HK$9.20 from HK$9.20, reflecting slightly updated assumptions around discount rate, revenue growth, profit margin and future P/E. The fair value estimate remains HK$9.20.
Narrative Update Apr 07

101: Higher Profitability Outlook And P/E Rerating Will Support Future Upside

Analysts have increased their fair value estimate for Hang Lung Properties from HK$9.0 to HK$12.0, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. Valuation Changes Fair Value: raised from HK$9.0 to HK$12.0, representing a sizeable upward adjustment in the estimated intrinsic value per share.
Analysis Article Apr 05

Hang Lung Properties' (HKG:101) Soft Earnings Don't Show The Whole Picture

Soft earnings didn't appear to concern Hang Lung Properties Limited's ( HKG:101 ) shareholders over the last week. We...

Recent updates

Narrative Update May 27

101: Updated Profit Outlook And P/E Assumptions Will Support Further Upside

Analysts have made a small trim to their fair value estimate for Hang Lung Properties, and the updated HK$10.94 price target reflects slightly different assumptions on discount rate, revenue growth, profit margins and future P/E. Valuation Changes Fair Value: HK$10.98 has moved slightly to HK$10.94, representing a small adjustment to the modelled price level.
Narrative Update May 07

101: Slightly Higher Margins And Lower Required Returns Will Support Future Upside

Analysts maintain their Hang Lung Properties target at HK$12.00, with slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions supporting this unchanged view. Valuation Changes Fair Value: HK$12.0 remains unchanged, keeping the analyst fair value estimate steady.
Narrative Update Apr 22

101: Updated Profitability Assumptions Will Sustain Fair Pricing But Keep Earnings Quality Exposed

Analysts have raised their price target for Hang Lung Properties to HK$9.20 from HK$9.20, reflecting slightly updated assumptions around discount rate, revenue growth, profit margin and future P/E. The fair value estimate remains HK$9.20.
Narrative Update Apr 07

101: Higher Profitability Outlook And P/E Rerating Will Support Future Upside

Analysts have increased their fair value estimate for Hang Lung Properties from HK$9.0 to HK$12.0, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. Valuation Changes Fair Value: raised from HK$9.0 to HK$12.0, representing a sizeable upward adjustment in the estimated intrinsic value per share.
Analysis Article Apr 05

Hang Lung Properties' (HKG:101) Soft Earnings Don't Show The Whole Picture

Soft earnings didn't appear to concern Hang Lung Properties Limited's ( HKG:101 ) shareholders over the last week. We...
Narrative Update Mar 24

101: Revised Assumptions Suggest Fair Valuation But Leave Earnings Quality At Risk

Analysts have adjusted their HK$ fair value estimate for Hang Lung Properties from about HK$7.63 to HK$9.20, reflecting updated assumptions on the discount rate, revenue growth, profit margins and future P/E levels. What's in the News Board meeting scheduled for January 30, 2026, to review and approve the annual results for the year ended December 31, 2025.
Narrative Update Mar 10

101: Upcoming Results And Dividend Decision Will Support More Attractive Upside

Analysts have modestly lifted their price target for Hang Lung Properties to about HK$11.0 from roughly HK$10.6, reflecting updated views on fair value, discount rate, revenue, profit margins and future P/E assumptions. What's in the News A board meeting is scheduled for January 30, 2026 to review and approve the annual results for the year ended December 31, 2025 for Hang Lung Properties and its subsidiaries (Key Developments).
Narrative Update Feb 24

101: Upcoming Results And Dividend Will Shape Fairly Balanced Return Outlook

Analysts have slightly raised their price target for Hang Lung Properties to HK$10.57 from HK$10.43, reflecting updated assumptions for a lower discount rate and a more moderate future P/E multiple. What's in the News Board meeting scheduled for January 30, 2026, to consider and approve the annual results of Hang Lung Properties and its subsidiaries for the year ended December 31, 2025 (Key Developments).
Narrative Update Feb 10

101: Upcoming Results And Dividend Decision Will Support Balanced Return Potential

Analysts now see fair value for Hang Lung Properties at HK$10.43 versus HK$9.94 previously. This reflects updated assumptions around slightly higher revenue growth, a marginally lower discount rate, a modestly lower profit margin, and a higher future P/E multiple.
Analysis Article Feb 02

Hang Lung Properties (HKG:101) Is Due To Pay A Dividend Of HK$0.40

Hang Lung Properties Limited ( HKG:101 ) will pay a dividend of HK$0.40 on the 15th of June. This payment means that...
Narrative Update Jan 26

101: Stable Margins And Upcoming Dividend Decision Will Support Balanced Upside Potential

Analysts have slightly raised their price target for Hang Lung Properties to $9.94 from $9.74. This reflects updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E.
Analysis Article Jan 19

Getting In Cheap On Hang Lung Properties Limited (HKG:101) Might Be Difficult

Hang Lung Properties Limited's ( HKG:101 ) price-to-earnings (or "P/E") ratio of 23.8x might make it look like a strong...
Narrative Update Jan 12

101: Higher Profit Assumptions Will Likely Leave Shares Exposed To Disappointment

Analysts have raised their price target for Hang Lung Properties by about $2.23 per share, reflecting updated assumptions that incorporate modeled revenue growth of 9.24%, a profit margin of 35.88% and a future P/E of 13.23x. What's in the News A board meeting is scheduled for January 30, 2026, to consider and approve the annual results for the year ended December 31, 2025.
Narrative Update Dec 25

101: Stable Margins And Lower Risk Profile Will Support Upside Potential

Analysts have nudged their price target on Hang Lung Properties slightly higher to approximately $9.74 from about $9.53, citing modestly lower discount rate assumptions, a marginally richer expected earnings multiple, and revenue growth and profit margin forecasts that remain solid, though slightly tempered. Valuation Changes Fair Value: Price target increased slightly from HK$9.53 to HK$9.74, reflecting a modest uplift in estimated equity value.
Narrative Update Dec 11

101: Strong Margins And Stable Multiples Will Support Fair Value Outlook

Analysts have nudged their price target on Hang Lung Properties slightly higher to reflect a modestly improved fair value estimate of HK$9.53 from about HK$9.51. This is supported by stable profit margin expectations and a marginally higher future P E multiple, despite a slightly higher discount rate and marginally softer revenue growth outlook.
Narrative Update Nov 27

101: Strong Margins And Stable Revenue Will Sustain Fair Value

Narrative Update on Hang Lung Properties: Analyst Price Target Adjustment Analysts have made a minor adjustment to their price target for Hang Lung Properties, revising the estimate to $9.51 per share. This reflects negligible changes in underlying assumptions and market outlook.
Narrative Update Nov 07

101: Strong Margins And Stable Revenue Will Sustain Fair Value

Analysts have raised their price target for Hang Lung Properties by a small margin to $9.51, citing updated discount rate assumptions as well as steady outlooks for revenue growth and profit margins. Valuation Changes Fair Value Estimate: Remains unchanged at HK$9.51 following the latest review.
Narrative Update Oct 24

Urbanization And Mixed-Use Trends Will Define Future Success

Analysts have increased their price target for Hang Lung Properties to $9.51 from $9.24. They cite higher projected profit margins, despite slightly slower revenue growth and a marginal rise in the discount rate.
Narrative Update Oct 10

Urbanization And Mixed-Use Trends Will Define Future Success

Hang Lung Properties saw its analyst price target raised slightly from $9.08 to $9.24. Analysts cited marginal improvements in projected revenue growth and a lower discount rate as factors supporting the upward revision.
Analysis Article Oct 03

Hang Lung Properties' (HKG:101) Anemic Earnings Might Be Worse Than You Think

A lackluster earnings announcement from Hang Lung Properties Limited ( HKG:101 ) last week didn't sink the stock price...
Narrative Update Sep 05

Urbanization And Mixed-Use Trends Will Define Future Success

The slight increase in the analyst price target for Hang Lung Properties appears driven by marginal improvements in revenue growth forecasts and a steady forward P/E multiple, raising the fair value estimate from HK$8.89 to HK$9.08. What's in the News Board meeting scheduled to review interim results for the six months ended June 30, 2025, and consider payment of an interim dividend.
Analysis Article Aug 31

Does Hang Lung Properties (HKG:101) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 04

Hang Lung Properties' (HKG:101) Dividend Will Be HK$0.12

The board of Hang Lung Properties Limited ( HKG:101 ) has announced that it will pay a dividend of HK$0.12 per share on...
Analysis Article Jul 02

Hang Lung Properties Limited (HKG:101) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Hang Lung Properties Limited ( HKG:101 ) shareholders would be excited to see that the share price has had a great...
User avatar
New Narrative Feb 02

Sustainability Initiatives Will Reduce Costs And Appeal To Eco-Conscious Tenants

Hang Lung Properties' focus on fixed rents and increased brand presence aims to stabilize revenue and boost net margins, especially in luxury sectors.

Shareholder Returns

101HK Real EstateHK Market
7D-2.1%-3.1%-0.9%
1Y24.1%17.0%7.3%

Return vs Industry: 101 exceeded the Hong Kong Real Estate industry which returned 19% over the past year.

Return vs Market: 101 exceeded the Hong Kong Market which returned 8.2% over the past year.

Price Volatility

Is 101's price volatile compared to industry and market?
101 volatility
101 Average Weekly Movement4.1%
Real Estate Industry Average Movement6.1%
Market Average Movement7.4%
10% most volatile stocks in HK Market15.8%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 101 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 101's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19494,526Weber Lowww.hanglung.com

Hang Lung Properties Limited, an investment holding company, operates as a property developer in Hong Kong and Mainland China. It operates through Property Leasing, Hotels, and Property Sales segments. The company is involved in property development, sale, and leasing, as well as car park management and property management; develops, holds, and manages commercial complexes; and customer engagement business, including hello Hang Lung mall rewards program and House 66.

Hang Lung Properties Limited Fundamentals Summary

How do Hang Lung Properties's earnings and revenue compare to its market cap?
101 fundamental statistics
Market capHK$39.80b
Earnings (TTM)HK$1.81b
Revenue (TTM)HK$9.95b
22.0x
P/E Ratio
4.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
101 income statement (TTM)
RevenueHK$9.95b
Cost of RevenueHK$3.42b
Gross ProfitHK$6.53b
Other ExpensesHK$4.72b
EarningsHK$1.81b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin65.61%
Net Profit Margin18.15%
Debt/Equity Ratio37.5%

How did 101 perform over the long term?

See historical performance and comparison

Dividends

6.6%
Current Dividend Yield
142%
Payout Ratio

Does 101 pay a reliable dividends?

See 101 dividend history and benchmarks
When do you need to buy 101 by to receive an upcoming dividend?
Hang Lung Properties dividend dates
Ex Dividend DateMay 06 2026
Dividend Pay DateJun 15 2026
Days until Ex dividend31 days
Days until Dividend pay date9 days

Does 101 pay a reliable dividends?

See 101 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 07:28
End of Day Share Price 2026/06/05 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hang Lung Properties Limited is covered by 32 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kwok Yi LouieBarclays
Andrew LawrenceBarclays
Fan TsoBofA Global Research