Kerry Properties (SEHK:683) - Stock Price, News & Analysis

683 Stock Overview

An investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. More details

683 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	4/6
Financial Health	3/6
Dividends	5/6

Rewards

Trading at 70.8% below our estimate of its fair value

Earnings are forecast to grow 15.22% per year

Earnings grew by 31.2% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 8.71% is not well covered by free cash flows

Kerry Properties Limited Competitors

Shoucheng Holdings

SEHK:697

HK$6.9b

Sun Hung Kai Properties

SEHK:16

HK$221.1b

Tai Cheung Holdings

SEHK:88

HK$1.8b

Hong Kong Ferry (Holdings)

SEHK:50

HK$1.5b

Price History & Performance

Summary of all time highs, changes and price drops for Kerry Properties
Historical stock prices
Current Share Price	HK$15.50
52 Week High	HK$17.72
52 Week Low	HK$11.92
Beta	0.62
11 Month Change	-6.29%
3 Month Change	10.40%
1 Year Change	14.14%
33 Year Change	-24.21%
5 Year Change	-38.61%
Change since IPO	-11.68%

Recent updates

Kerry Properties (HKG:683) Takes On Some Risk With Its Use Of Debt

Oct 22

Not Many Are Piling Into Kerry Properties Limited (HKG:683) Just Yet

Sep 30

Kerry Properties (HKG:683) Is Paying Out A Dividend Of HK$0.40

Sep 06

The Kerry Properties Limited (HKG:683) Interim Results Are Out And Analysts Have Published New Forecasts

Aug 23

Insufficient Growth At Kerry Properties Limited (HKG:683) Hampers Share Price

Jun 10

Kerry Properties Limited's (HKG:683) CEO Might Not Expect Shareholders To Be So Generous This Year

May 13

These 4 Measures Indicate That Kerry Properties (HKG:683) Is Using Debt Extensively

Apr 26

Kerry Properties Limited's (HKG:683) Business Is Yet to Catch Up With Its Share Price

Feb 05

A Look At The Intrinsic Value Of Kerry Properties Limited (HKG:683)

Jan 09

Is Kerry Properties (HKG:683) Using Too Much Debt?

Oct 25

An Intrinsic Calculation For Kerry Properties Limited (HKG:683) Suggests It's 23% Undervalued

Oct 03

Analysts Have Just Cut Their Kerry Properties Limited (HKG:683) Revenue Estimates By 11%

Sep 05

Kerry Properties Limited's (HKG:683) Intrinsic Value Is Potentially 21% Below Its Share Price

Jun 14

Kerry Properties (HKG:683) Seems To Be Using A Lot Of Debt

May 19

Kerry Properties (HKG:683) Is Paying Out A Dividend Of HK$0.95

Mar 31

We Think Kerry Properties (HKG:683) Is Taking Some Risk With Its Debt

Nov 04

Kerry Properties (HKG:683) Is Paying Out A Dividend Of HK$0.40

Aug 22

Kerry Properties (HKG:683) Is Due To Pay A Dividend Of HK$0.95

May 20

Kerry Properties (HKG:683) Will Pay A Dividend Of HK$0.95

Apr 28

Kerry Properties (HKG:683) Has Affirmed Its Dividend Of HK$0.95

Apr 13

Is Kerry Properties (HKG:683) Using Too Much Debt?

Mar 21

Calculating The Fair Value Of Kerry Properties Limited (HKG:683)

Dec 27

Kerry Properties (HKG:683) Has Affirmed Its Dividend Of HK$0.40

Aug 21

A Look At The Intrinsic Value Of Kerry Properties Limited (HKG:683)

Jul 27

At HK$26.30, Is Kerry Properties Limited (HKG:683) Worth Looking At Closely?

Jun 12

Here's Why Kerry Properties (HKG:683) Has A Meaningful Debt Burden

Apr 20

Estimating The Intrinsic Value Of Kerry Properties Limited (HKG:683)

Apr 06

Here's What You Should Know About Kerry Properties Limited's (HKG:683) 5.3% Dividend Yield

Mar 23

Kerry Properties Limited (HKG:683) Insiders Increased Their Holdings

Mar 08

Shareholder Returns

	683	HK Real Estate	HK Market
7D	-1.6%	-2.5%	-0.6%
1Y	14.1%	-14.5%	9.6%

Return vs Industry: 683 exceeded the Hong Kong Real Estate industry which returned -14.5% over the past year.

Return vs Market: 683 exceeded the Hong Kong Market which returned 9.6% over the past year.

Price Volatility

Is 683's price volatile compared to industry and market?
683 volatility
683 Average Weekly Movement	5.1%
Real Estate Industry Average Movement	10.1%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.2%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 683 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 683's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1978	7,400	Khoon Hua Kuok	www.kerryprops.com

Kerry Properties Limited, an investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The company owns and operates hotels; and provides logistics and international freight forwarding, consultancy, administrative support, project management, financial, IT system and consultancy, estate agency, and construction services. It is also involved in the warehouse operations, as well as operation of restaurants, recreation parks, and ice rinks.

Kerry Properties Limited Fundamentals Summary

How do Kerry Properties's earnings and revenue compare to its market cap?
683 fundamental statistics
Market cap	HK$22.50b
Earnings (TTM)	HK$2.29b
Revenue (TTM)	HK$12.66b

9.8x

P/E Ratio

1.8x

P/S Ratio

Is 683 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
683 income statement (TTM)
Revenue	HK$12.66b
Cost of Revenue	HK$6.23b
Gross Profit	HK$6.43b
Other Expenses	HK$4.14b
Earnings	HK$2.29b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.58
Gross Margin	50.81%
Net Profit Margin	18.11%
Debt/Equity Ratio	53.6%

How did 683 perform over the long term?

See historical performance and comparison

Dividends

8.7%

Current Dividend Yield

85%

Payout Ratio

683 Stock Overview

Rewards

Risk Analysis

Kerry Properties Limited Competitors

SEHK:697

HK$6.9b

SEHK:16

HK$221.1b

SEHK:88

HK$1.8b

SEHK:50

HK$1.5b

Price History & Performance

Recent News & Updates

Kerry Properties (HKG:683) Takes On Some Risk With Its Use Of Debt

Price target increased by 7.5% to HK$17.75

Not Many Are Piling Into Kerry Properties Limited (HKG:683) Just Yet

Upcoming dividend of HK$0.40 per share

Kerry Properties (HKG:683) Is Paying Out A Dividend Of HK$0.40

Kerry Properties Limited (SEHK:683) agreed to acquire 10% stake in Great Billion Corporation Limited from Top Spring International Holdings Limited (SEHK:3688) for HKD 1.

Recent updates

Kerry Properties (HKG:683) Takes On Some Risk With Its Use Of Debt

Price target increased by 7.5% to HK$17.75

Not Many Are Piling Into Kerry Properties Limited (HKG:683) Just Yet

Upcoming dividend of HK$0.40 per share

Kerry Properties (HKG:683) Is Paying Out A Dividend Of HK$0.40

Kerry Properties Limited (SEHK:683) agreed to acquire 10% stake in Great Billion Corporation Limited from Top Spring International Holdings Limited (SEHK:3688) for HKD 1.

First half 2024 earnings: Revenues and EPS in line with analyst expectations

The Kerry Properties Limited (HKG:683) Interim Results Are Out And Analysts Have Published New Forecasts

First half dividend of HK$0.40 announced

Kerry Properties Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 25 September 2024

Kerry Properties Limited to Report First Half, 2024 Results on Aug 21, 2024

Chairman & CEO recently bought HK$1.4m worth of stock

Insufficient Growth At Kerry Properties Limited (HKG:683) Hampers Share Price

Upcoming dividend of HK$0.95 per share

Kerry Properties Limited's (HKG:683) CEO Might Not Expect Shareholders To Be So Generous This Year

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

These 4 Measures Indicate That Kerry Properties (HKG:683) Is Using Debt Extensively

Final dividend of HK$0.95 announced

Kerry Properties Limited, Annual General Meeting, May 20, 2024

Full year 2023 earnings released: EPS: HK$2.23 (vs HK$1.90 in FY 2022)

Kerry Properties Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 05 June 2024

Kerry Properties Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

Kerry Properties Limited's (HKG:683) Business Is Yet to Catch Up With Its Share Price

Now 21% undervalued after recent price drop

A Look At The Intrinsic Value Of Kerry Properties Limited (HKG:683)

Now 21% undervalued after recent price drop

Kerry Properties Limited Announces Director Appointments with Effect from November 1, 2023

Is Kerry Properties (HKG:683) Using Too Much Debt?

Price target decreased by 7.6% to HK$18.06

Price target decreased by 7.0% to HK$18.64

An Intrinsic Calculation For Kerry Properties Limited (HKG:683) Suggests It's 23% Undervalued

Now 21% undervalued after recent price drop

Consensus revenue estimates increase by 22%, EPS downgraded

Price target decreased by 7.0% to HK$20.05

Upcoming dividend of HK$0.40 per share at 9.1% yield

Analysts Have Just Cut Their Kerry Properties Limited (HKG:683) Revenue Estimates By 11%

First half 2023 earnings released: EPS: HK$1.20 (vs HK$1.89 in 1H 2022)

Kerry Properties Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 28 September 2023

Now 21% undervalued after recent price drop

Kerry Properties Limited to Report First Half, 2023 Results on Aug 29, 2023

Kerry Properties Limited Announces Resignation of Mr. Cheung Leong as Independent Non-Executive Director, Effective on June 30, 2023

Kerry Properties Limited's (HKG:683) Intrinsic Value Is Potentially 21% Below Its Share Price

Upcoming dividend of HK$0.95 per share at 7.6% yield

Kerry Properties (HKG:683) Seems To Be Using A Lot Of Debt

Kerry Properties (HKG:683) Is Paying Out A Dividend Of HK$0.95

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Kerry Properties Limited Appoints Cheng Wai Sin, Suzanne as Chief Financial Officer

We Think Kerry Properties (HKG:683) Is Taking Some Risk With Its Debt

Chairman & CEO recently bought HK$1.8m worth of stock

Upcoming dividend of HK$0.40 per share

Consensus forecasts updated

Kerry Properties (HKG:683) Is Paying Out A Dividend Of HK$0.40

Kerry Properties Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 16 September 2022

First half 2022 earnings released: EPS: HK$1.89 (vs HK$2.59 in 1H 2021)

Kerry Properties Limited Announces Executive Changes

High number of new directors

Executive Director recently sold HK$2.1m worth of stock

Kerry Properties Limited Announces Board Changes

China Enterprises Limited entered into definitive sale and purchase agreement to acquire Two Warehouses in Hong Kong from Kerry Properties Limited (SEHK:683) for HKD 4.62 billion.