company background image
89 logo

Tai Sang Land Development SEHK:89 Stock Report

Last Price

HK$2.12

Market Cap

HK$609.9m

7D

-5.8%

1Y

-43.5%

Updated

15 Jun, 2024

Data

Company Financials

Tai Sang Land Development Limited

SEHK:89 Stock Report

Market Cap: HK$609.9m

89 Stock Overview

An investment holding company, engages in the investment, development, management, resale, and rental of properties in Hong Kong and North America.

89 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends3/6

Tai Sang Land Development Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tai Sang Land Development
Historical stock prices
Current Share PriceHK$2.12
52 Week HighHK$3.80
52 Week LowHK$1.95
Beta0.20
1 Month Change-7.02%
3 Month Change-3.64%
1 Year Change-43.47%
3 Year Change-50.70%
5 Year Change-59.85%
Change since IPO-11.16%

Recent News & Updates

Recent updates

Tai Sang Land Development's (HKG:89) Dividend Will Be HK$0.06

May 25
Tai Sang Land Development's (HKG:89) Dividend Will Be HK$0.06

Tai Sang Land Development (HKG:89) Has Affirmed Its Dividend Of HK$0.06

Apr 20
Tai Sang Land Development (HKG:89) Has Affirmed Its Dividend Of HK$0.06

These 4 Measures Indicate That Tai Sang Land Development (HKG:89) Is Using Debt Extensively

Mar 28
These 4 Measures Indicate That Tai Sang Land Development (HKG:89) Is Using Debt Extensively

Tai Sang Land Development (HKG:89) Will Pay A Smaller Dividend Than Last Year

Aug 30
Tai Sang Land Development (HKG:89) Will Pay A Smaller Dividend Than Last Year

Tai Sang Land Development's (HKG:89) Dividend Will Be HK$0.10

Aug 25
Tai Sang Land Development's (HKG:89) Dividend Will Be HK$0.10

Read This Before Buying Tai Sang Land Development Limited (HKG:89) For Its Dividend

Apr 20
Read This Before Buying Tai Sang Land Development Limited (HKG:89) For Its Dividend

Tai Sang Land Development's (HKG:89) Shareholders Are Down 19% On Their Shares

Feb 23
Tai Sang Land Development's (HKG:89) Shareholders Are Down 19% On Their Shares

A Look At The Intrinsic Value Of Tai Sang Land Development Limited (HKG:89)

Jan 19
A Look At The Intrinsic Value Of Tai Sang Land Development Limited (HKG:89)

We Wouldn't Rely On Tai Sang Land Development's (HKG:89) Statutory Earnings As A Guide

Dec 30
We Wouldn't Rely On Tai Sang Land Development's (HKG:89) Statutory Earnings As A Guide

Could Tai Sang Land Development Limited (HKG:89) Have The Makings Of Another Dividend Aristocrat?

Dec 10
Could Tai Sang Land Development Limited (HKG:89) Have The Makings Of Another Dividend Aristocrat?

Reflecting on Tai Sang Land Development's (HKG:89) Share Price Returns Over The Last Three Years

Nov 25
Reflecting on Tai Sang Land Development's (HKG:89) Share Price Returns Over The Last Three Years

Shareholder Returns

89HK Real EstateHK Market
7D-5.8%-3.1%-1.8%
1Y-43.5%-28.5%-3.7%

Return vs Industry: 89 underperformed the Hong Kong Real Estate industry which returned -28.5% over the past year.

Return vs Market: 89 underperformed the Hong Kong Market which returned -3.7% over the past year.

Price Volatility

Is 89's price volatile compared to industry and market?
89 volatility
89 Average Weekly Movement5.5%
Real Estate Industry Average Movement8.3%
Market Average Movement7.2%
10% most volatile stocks in HK Market15.3%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 89 has not had significant price volatility in the past 3 months.

Volatility Over Time: 89's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968253William Mawww.tsld.com.hk

Tai Sang Land Development Limited, an investment holding company, engages in the investment, development, management, resale, and rental of properties in Hong Kong and North America. The company is also involved in the provision of catering, estate management, and agency services; operation and management of hotels; rental of motor vehicles; operation of a club house; and trademark, restaurant license, and motor vehicle holding businesses. Its portfolio of properties includes residential, industrial, commercial, and mixed-use properties.

Tai Sang Land Development Limited Fundamentals Summary

How do Tai Sang Land Development's earnings and revenue compare to its market cap?
89 fundamental statistics
Market capHK$609.86m
Earnings (TTM)-HK$185.66m
Revenue (TTM)HK$487.06m

1.3x

P/S Ratio

-3.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
89 income statement (TTM)
RevenueHK$487.06m
Cost of RevenueHK$183.45m
Gross ProfitHK$303.62m
Other ExpensesHK$489.27m
Earnings-HK$185.66m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.65
Gross Margin62.34%
Net Profit Margin-38.12%
Debt/Equity Ratio28.9%

How did 89 perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

-19%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.