978 Stock Overview
An investment holding company, engages in the development, management, lease, investment, and sale of properties. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
China Merchants Land Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.28 |
| 52 Week High | HK$0.56 |
| 52 Week Low | HK$0.20 |
| Beta | 0.24 |
| 1 Month Change | 11.79% |
| 3 Month Change | -5.17% |
| 1 Year Change | -5.17% |
| 3 Year Change | -61.81% |
| 5 Year Change | -77.82% |
| Change since IPO | -94.82% |
Recent News & Updates
Recent updates
There's Reason For Concern Over China Merchants Land Limited's (HKG:978) Price
Jul 26
We Think China Merchants Land (HKG:978) Is Taking Some Risk With Its Debt
Sep 07Estimating The Fair Value Of China Merchants Land Limited (HKG:978)
Nov 21Here's Why China Merchants Land (HKG:978) Has A Meaningful Debt Burden
Sep 17Investors Can Find Comfort In China Merchants Land's (HKG:978) Earnings Quality
May 03China Merchants Land's (HKG:978) Shareholders Are Down 27% On Their Shares
Mar 12What Type Of Shareholders Make Up China Merchants Land Limited's (HKG:978) Share Registry?
Feb 02
Is China Merchants Land (HKG:978) Using Too Much Debt?
Dec 30China Merchants Land (HKG:978) Shareholders Received A Total Return Of Negative 8.0% In The Last Five Years
Nov 25Shareholder Returns
| 978 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | 3.8% | 0.04% | 1.5% |
| 1Y | -5.2% | -8.6% | 20.6% |
Return vs Industry: 978 exceeded the Hong Kong Real Estate industry which returned -8.6% over the past year.
Return vs Market: 978 underperformed the Hong Kong Market which returned 20.6% over the past year.
Price Volatility
| 978 volatility | |
|---|---|
| 978 Average Weekly Movement | 13.5% |
| Real Estate Industry Average Movement | 9.9% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.0% |
Stable Share Price: 978's share price has been volatile over the past 3 months compared to the Hong Kong market.
Volatility Over Time: 978's weekly volatility has increased from 8% to 13% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 799 | n/a | 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
| 978 fundamental statistics | |
|---|---|
| Market cap | HK$1.35b |
| Earnings (TTM) | -HK$296.28m |
| Revenue (TTM) | HK$25.79b |
0.1x
P/S Ratio-4.6x
P/E RatioIs 978 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 978 income statement (TTM) | |
|---|---|
| Revenue | CN¥24.23b |
| Cost of Revenue | CN¥22.05b |
| Gross Profit | CN¥2.18b |
| Other Expenses | CN¥2.45b |
| Earnings | -CN¥278.38m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.057 |
| Gross Margin | 8.98% |
| Net Profit Margin | -1.15% |
| Debt/Equity Ratio | 120.2% |
How did 978 perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield-19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:00 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
China Merchants Land Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shun Tak So | China Merchants Securities (HK) Co., Ltd |
| Vicky Li | Goldman Sachs |