Kowloon Development Company Limited

SEHK:34 Stock Report

Market Cap: HK$5.0b

Kowloon Development Past Earnings Performance

Past criteria checks 0/6

Kowloon Development's earnings have been declining at an average annual rate of -22.8%, while the Real Estate industry saw earnings declining at 1% annually. Revenues have been declining at an average rate of 24.9% per year. Kowloon Development's return on equity is 1.4%, and it has net margins of 7.4%.

Key information

-22.8%

Earnings growth rate

-22.8%

EPS growth rate

Real Estate Industry Growth2.8%
Revenue growth rate-24.9%
Return on equity1.4%
Net Margin7.4%
Last Earnings Update30 Jun 2024

Recent past performance updates

We Think You Can Look Beyond Kowloon Development's (HKG:34) Lackluster Earnings

May 07
We Think You Can Look Beyond Kowloon Development's (HKG:34) Lackluster Earnings

Recent updates

Kowloon Development Company Limited (HKG:34) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable

Oct 02
Kowloon Development Company Limited (HKG:34) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable

Does Kowloon Development (HKG:34) Have A Healthy Balance Sheet?

Aug 25
Does Kowloon Development (HKG:34) Have A Healthy Balance Sheet?

Kowloon Development Company Limited's (HKG:34) Share Price Not Quite Adding Up

Jul 26
Kowloon Development Company Limited's (HKG:34) Share Price Not Quite Adding Up

We Think You Can Look Beyond Kowloon Development's (HKG:34) Lackluster Earnings

May 07
We Think You Can Look Beyond Kowloon Development's (HKG:34) Lackluster Earnings

Kowloon Development Company Limited's (HKG:34) Popularity With Investors Is Under Threat From Overpricing

Apr 26
Kowloon Development Company Limited's (HKG:34) Popularity With Investors Is Under Threat From Overpricing

Is Kowloon Development (HKG:34) A Risky Investment?

Mar 26
Is Kowloon Development (HKG:34) A Risky Investment?

Is Kowloon Development (HKG:34) A Risky Investment?

Nov 13
Is Kowloon Development (HKG:34) A Risky Investment?

Calculating The Fair Value Of Kowloon Development Company Limited (HKG:34)

Jan 05
Calculating The Fair Value Of Kowloon Development Company Limited (HKG:34)

Calculating The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)

Mar 09
Calculating The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)

These 4 Measures Indicate That Kowloon Development (HKG:34) Is Using Debt Extensively

Dec 21
These 4 Measures Indicate That Kowloon Development (HKG:34) Is Using Debt Extensively

A Look At The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)

Nov 30
A Look At The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)

Is Kowloon Development (HKG:34) A Risky Investment?

Apr 30
Is Kowloon Development (HKG:34) A Risky Investment?

Shareholders Of Kowloon Development (HKG:34) Must Be Happy With Their 152% Total Return

Feb 28
Shareholders Of Kowloon Development (HKG:34) Must Be Happy With Their 152% Total Return

Calculating The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)

Feb 05
Calculating The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)

What To Know Before Buying Kowloon Development Company Limited (HKG:34) For Its Dividend

Jan 18
What To Know Before Buying Kowloon Development Company Limited (HKG:34) For Its Dividend

What Kind Of Shareholders Hold The Majority In Kowloon Development Company Limited's (HKG:34) Shares?

Dec 29
What Kind Of Shareholders Hold The Majority In Kowloon Development Company Limited's (HKG:34) Shares?

Are Kowloon Development's (HKG:34) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 13
Are Kowloon Development's (HKG:34) Statutory Earnings A Good Reflection Of Its Earnings Potential?

What Are The Total Returns Earned By Shareholders Of Kowloon Development (HKG:34) On Their Investment?

Nov 24
What Are The Total Returns Earned By Shareholders Of Kowloon Development (HKG:34) On Their Investment?

Revenue & Expenses Breakdown

How Kowloon Development makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:34 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 243,6082669540
31 Mar 243,2753028940
31 Dec 232,9433378330
30 Sep 234,0397928480
30 Jun 235,1341,2478630
31 Mar 234,8581,2318330
31 Dec 224,5821,2158030
30 Sep 223,1801,4787810
30 Jun 221,7781,7427590
31 Mar 221,9141,9767500
31 Dec 212,0502,2097410
30 Jun 212,2626877400
31 Mar 213,4846398240
31 Dec 204,7065929070
30 Jun 208,6126311,0400
31 Mar 209,7251,2959470
31 Dec 1910,8371,9588540
30 Sep 199,7132,7177080
30 Jun 197,8022,9845300
31 Mar 195,3222,5894480
31 Dec 182,8422,1933660
30 Sep 182,5562,2403650
30 Jun 182,2702,2863640
31 Mar 182,6951,9603860
31 Dec 173,1201,6354080
30 Sep 174,3471,3504440
30 Jun 175,5741,0644800
31 Mar 176,1761,0064940
31 Dec 166,7789475080
30 Sep 165,8869825070
30 Jun 164,9941,0175060
31 Mar 164,4931,1105390
31 Dec 153,9931,2025720
30 Sep 153,9981,2105720
30 Jun 154,0031,2185720
31 Mar 153,5771,1295070
31 Dec 143,1501,0414420
30 Sep 142,5588263920
30 Jun 141,9656103410
31 Mar 141,6919523300
31 Dec 131,4171,2943190

Quality Earnings: 34 has a large one-off loss of HK$307.6M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: 34's current net profit margins (7.4%) are lower than last year (24.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 34's earnings have declined by 22.8% per year over the past 5 years.

Accelerating Growth: 34's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 34 had negative earnings growth (-78.7%) over the past year, making it difficult to compare to the Real Estate industry average (-13.2%).


Return on Equity

High ROE: 34's Return on Equity (1.4%) is considered low.


Return on Assets


Return on Capital Employed


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