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978

China Merchants Land SEHK:978 Stock Report

Last Price

HK$0.31

Market Cap

HK$1.5b

7D

-7.5%

1Y

-40.4%

Updated

03 Dec, 2023

Data

Company Financials

China Merchants Land Limited

SEHK:978 Stock Report

Mkt Cap: HK$1.5b

978 Stock Overview

China Merchants Land Limited, an investment holding company, engages in the development, management, lease, investment, and sale of properties.

978 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends5/6

China Merchants Land Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Merchants Land
Historical stock prices
Current Share PriceHK$0.31
52 Week HighHK$0.64
52 Week LowHK$0.30
Beta0.42
1 Month Change-3.13%
3 Month Change-24.39%
1 Year Change-40.38%
3 Year Change-73.95%
5 Year Change-72.07%
Change since IPO-94.16%

Recent News & Updates

We Think China Merchants Land (HKG:978) Is Taking Some Risk With Its Debt

Sep 07
We Think China Merchants Land (HKG:978) Is Taking Some Risk With Its Debt

Recent updates

We Think China Merchants Land (HKG:978) Is Taking Some Risk With Its Debt

Sep 07
We Think China Merchants Land (HKG:978) Is Taking Some Risk With Its Debt

Estimating The Fair Value Of China Merchants Land Limited (HKG:978)

Nov 21
Estimating The Fair Value Of China Merchants Land Limited (HKG:978)

Here's Why China Merchants Land (HKG:978) Has A Meaningful Debt Burden

Sep 17
Here's Why China Merchants Land (HKG:978) Has A Meaningful Debt Burden

Investors Can Find Comfort In China Merchants Land's (HKG:978) Earnings Quality

May 03
Investors Can Find Comfort In China Merchants Land's (HKG:978) Earnings Quality

China Merchants Land's (HKG:978) Shareholders Are Down 27% On Their Shares

Mar 12
China Merchants Land's (HKG:978) Shareholders Are Down 27% On Their Shares

What Type Of Shareholders Make Up China Merchants Land Limited's (HKG:978) Share Registry?

Feb 02
What Type Of Shareholders Make Up China Merchants Land Limited's (HKG:978) Share Registry?

Is China Merchants Land (HKG:978) Using Too Much Debt?

Dec 30
Is China Merchants Land (HKG:978) Using Too Much Debt?

China Merchants Land (HKG:978) Shareholders Received A Total Return Of Negative 8.0% In The Last Five Years

Nov 25
China Merchants Land (HKG:978) Shareholders Received A Total Return Of Negative 8.0% In The Last Five Years

Shareholder Returns

978HK Real EstateHK Market
7D-7.5%-6.0%-3.0%
1Y-40.4%-28.0%-7.7%

Return vs Industry: 978 underperformed the Hong Kong Real Estate industry which returned -28% over the past year.

Return vs Market: 978 underperformed the Hong Kong Market which returned -7.7% over the past year.

Price Volatility

Is 978's price volatile compared to industry and market?
978 volatility
978 Average Weekly Movement5.4%
Real Estate Industry Average Movement6.6%
Market Average Movement6.5%
10% most volatile stocks in HK Market14.5%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 978 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 978's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997762n/ahttps://www.cmland.hk

China Merchants Land Limited, an investment holding company, engages in the development, management, lease, investment, and sale of properties. The company operates through Properties and Asset Management segments. Its property portfolio includes residential properties; and residential and commercial complex properties, such as apartments, villas, offices, retail shops, etc. The company also offers asset management services for office premises and shopping malls.

China Merchants Land Limited Fundamentals Summary

How do China Merchants Land's earnings and revenue compare to its market cap?
978 fundamental statistics
Market CapHK$1.52b
Earnings (TTM)HK$179.58m
Revenue (TTM)HK$28.34b

8.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
978 income statement (TTM)
RevenueCN¥25.89b
Cost of RevenueCN¥22.15b
Gross ProfitCN¥3.74b
Other ExpensesCN¥3.57b
EarningsCN¥164.04m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.033
Gross Margin14.44%
Net Profit Margin0.63%
Debt/Equity Ratio146.1%

How did 978 perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

81%

Payout Ratio