How does 10's PE Ratio compare to its peers?

10 is good value based on its Price-To-Earnings Ratio (7x) compared to the peer average (11.1x).

How does 10's PE Ratio compare vs other companies in the HK Real Estate Industry?

10 is expensive based on its Price-To-Earnings Ratio (7x) compared to the Hong Kong Real Estate industry average (6.9x).

What is 10's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 10's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 10 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

10 (HK$10.32) is trading below our estimate of [[fair value]] (HK$22.46)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

10 Stock Overview

An investment holding company, operates as a property developer in Hong Kong and the Mainland of China. More details

10 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	1/6
Financial Health	3/6
Dividends	6/6

Rewards

Trading at 54.1% below our estimate of its fair value

Pays a high and reliable dividend of 8.33%

Risk Analysis

Earnings have declined by 12.2% per year over past 5 years

Profit margins (16.9%) are lower than last year (27.2%)

My Notes

Capture your thoughts, links and company narrative

Hang Lung Group Limited Competitors

Poly Property Services

SEHK:6049

HK$16.5b

Greentown Service Group

SEHK:2869

HK$11.1b

Onewo

SEHK:2602

HK$23.1b

Evergrande Property Services Group

SEHK:6666

HK$8.3b

Price History & Performance

Summary of share price highs, lows and changes for Hang Lung Group
Historical stock prices
Current Share Price	HK$10.32
52 Week High	HK$11.68
52 Week Low	HK$8.52
Beta	0.71
1 Month Change	2.58%
3 Month Change	13.91%
1 Year Change	n/a
3 Year Change	-37.07%
5 Year Change	-47.02%
Change since IPO	-52.11%

Recent updates

Shareholder Returns

	10	HK Real Estate	HK Market
7D	-1.1%	-4.3%	-0.5%
1Y	n/a	-10.3%	19.9%

Return vs Industry: Insufficient data to determine how 10 performed against the Hong Kong Real Estate industry.

Return vs Market: Insufficient data to determine how 10 performed against the Hong Kong Market.

Price Volatility

Is 10's price volatile compared to industry and market?
10 volatility
10 Average Weekly Movement	4.9%
Real Estate Industry Average Movement	9.8%
Market Average Movement	8.8%
10% most volatile stocks in HK Market	18.6%
10% least volatile stocks in HK Market	4.1%

Stable Share Price: 10 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 10's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1960	4,141	Weber Lo	www.hanglung.com

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.

Hang Lung Group Limited Fundamentals Summary

How do Hang Lung Group's earnings and revenue compare to its market cap?
10 fundamental statistics
Market cap	HK$14.05b
Earnings (TTM)	HK$2.02b
Revenue (TTM)	HK$11.92b

7.0x

P/E Ratio

1.2x

P/S Ratio

Is 10 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
10 income statement (TTM)
Revenue	HK$11.92b
Cost of Revenue	HK$4.36b
Gross Profit	HK$7.56b
Other Expenses	HK$5.55b
Earnings	HK$2.02b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.48
Gross Margin	63.42%
Net Profit Margin	16.92%
Debt/Equity Ratio	34.9%

How did 10 perform over the long term?

See historical performance and comparison

Dividends

8.3%

Current Dividend Yield

58%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 23:02
End of Day Share Price	2024/12/20 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Hang Lung Group Limited is covered by 9 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
Andrew Lawrence	Barclays
Manfred Ho	BOCI Research Ltd.
Cusson Leung	Credit Suisse

Hang Lung Group SHSC:10 Stock Report