Hang Lung Properties (SHSC:101) - Stock Price, News & Analysis

101 Stock Overview

An investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China.

About the company

101 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Earnings are forecast to grow 13.21% per year

Risk Analysis

Dividend of 10.39% is not well covered by earnings or free cash flows

Shareholders have been diluted in the past year

Profit margins (23.5%) are lower than last year (41.5%)

Hang Lung Properties Limited Competitors

Onewo

SEHK:2602

HK$28.7b

Hang Lung Group

SEHK:10

HK$14.4b

Poly Property Services

SEHK:6049

HK$19.4b

Wharf Real Estate Investment

SEHK:1997

HK$69.2b

Price History & Performance

Summary of all time highs, changes and price drops for Hang Lung Properties
Historical stock prices
Current Share Price	HK$6.93
52 Week High	HK$11.68
52 Week Low	HK$5.28
Beta	0.56
11 Month Change	-3.08%
3 Month Change	22.22%
1 Year Change	-34.00%
33 Year Change	-60.94%
5 Year Change	-56.85%
Change since IPO	-69.87%

Recent updates

Shareholder Returns

	101	HK Real Estate	HK Market
7D	6.0%	3.5%	1.6%
1Y	-34.0%	-2.1%	16.8%

Return vs Industry: 101 underperformed the Hong Kong Real Estate industry which returned -2.1% over the past year.

Return vs Market: 101 underperformed the Hong Kong Market which returned 16.8% over the past year.

Price Volatility

Is 101's price volatile compared to industry and market?
101 volatility
101 Average Weekly Movement	8.2%
Real Estate Industry Average Movement	9.9%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.0%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 101 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 101's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1949	4,059	Weber Lo	www.hanglung.com

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.

Hang Lung Properties Limited Fundamentals Summary

How do Hang Lung Properties's earnings and revenue compare to its market cap?
101 fundamental statistics
Market cap	HK$33.15b
Earnings (TTM)	HK$2.64b
Revenue (TTM)	HK$11.23b

12.6x

P/E Ratio

3.0x

P/S Ratio

Is 101 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
101 income statement (TTM)
Revenue	HK$11.23b
Cost of Revenue	HK$4.20b
Gross Profit	HK$7.03b
Other Expenses	HK$4.39b
Earnings	HK$2.64b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.55
Gross Margin	62.61%
Net Profit Margin	23.49%
Debt/Equity Ratio	37.9%

How did 101 perform over the long term?

See historical performance and comparison

Dividends

10.4%

Current Dividend Yield

123%

Payout Ratio

101 Stock Overview

Rewards

Risk Analysis

Hang Lung Properties Limited Competitors

SEHK:2602

HK$28.7b

SEHK:10

HK$14.4b

SEHK:6049

HK$19.4b

SEHK:1997

HK$69.2b

Price History & Performance

Recent News & Updates

Now 25% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.53 in 1H 2023)

Upcoming dividend of HK$0.12 per share

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.53 in 1H 2023)

New major risk - Dividend sustainability

Recent updates

Now 25% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.53 in 1H 2023)

Upcoming dividend of HK$0.12 per share

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.53 in 1H 2023)

New major risk - Dividend sustainability

Now 22% undervalued after recent price drop

Hang Lung Properties Limited to Report First Half, 2024 Results on Jul 30, 2024

Now 23% undervalued after recent price drop

Now 22% undervalued after recent price drop

New minor risk - Shareholder dilution

Hang Lung Properties Limited Announces Final Dividend for the Year Ended 31 December 2023, Payable on 14 June 2024

New minor risk - Dividend sustainability

Full year 2023 earnings released: EPS: HK$0.88 (vs HK$0.85 in FY 2022)

Hang Lung Properties Limited Announces Board Changes

Executive Vice Chair of the Board recently bought HK$1.8m worth of stock

Final dividend of HK$0.60 announced

Hang Lung Properties Limited, Annual General Meeting, Apr 26, 2024

Full year 2023 earnings released: EPS: HK$0.88 (vs HK$0.85 in FY 2022)

Hang Lung Properties Limited and Hang Lung Group Limited Announce Retirement of Mr. Ronnie Chichung Chan as the Chair, an Executive Director, and the Chair of Executive Committees, with Effect from April 26, 2024

Hang Lung Properties Limited, Annual General Meeting, Apr 26, 2024

Now 20% overvalued

Hang Lung Properties Limited to Report Fiscal Year 2023 Results on Jan 30, 2024

Hang Lung Properties Limited Declares Interim Dividend to Be Paid in Cash on September 29, 2023

Upcoming dividend of HK$0.18 per share at 7.4% yield

CEO & Executive Director recently bought HK$506k worth of stock

First half 2023 earnings released: EPS: HK$0.53 (vs HK$0.43 in 1H 2022)

Hang Lung Properties Limited Announces Interim Dividend for the Six Months Ended 30 June 2023

Hang Lung Properties Limited to Report First Half, 2023 Results on Jul 31, 2023

Upcoming dividend of HK$0.60 per share at 5.5% yield

Full year 2022 earnings released: EPS: HK$0.85 (vs HK$0.86 in FY 2021)

Full year 2022 earnings released: EPS: HK$0.85 (vs HK$0.86 in FY 2021)

Hang Lung Properties Limited Proposes Final Dividend for the Year Ended 31 December 2022, Payable on 19 May 2023

Hang Lung Properties Limited to Report Fiscal Year 2022 Results on Jan 31, 2023

Insufficient new directors

Investor sentiment deteriorated over the past week

Executive Vice Chair of the Board recently bought HK$5.0m worth of stock

Upcoming dividend of HK$0.18 per share

CEO & Executive Director recently bought HK$669k worth of stock

CEO & Executive Director recently bought HK$798k worth of stock

First half 2022 earnings released: EPS: HK$0.43 (vs HK$0.50 in 1H 2021)

Hang Lung Properties Limited Declares Interim Dividend for the Six Months Ended 30 June 2022, Payable on 29 September 2022

Hang Lung Properties Limited to Report First Half, 2022 Results on Jul 28, 2022

Hang Lung Properties Declares Final Dividend for 2021

Insufficient new directors

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Hang Lung Properties Limited Declares Final Dividend for the Year Ended 31 December 2021 Payable on 19 May 2022

CEO & Executive Director recently bought HK$822k worth of stock

First half 2021 earnings released: EPS HK$0.50 (vs HK$0.56 loss in 1H 2020)

CEO & Executive Director recently bought HK$4.5m worth of stock

Upcoming dividend of HK$0.18 per share

First half 2021 earnings released: EPS HK$0.50 (vs HK$0.56 loss in 1H 2020)

Director of General Counsel has left the company

Independent Non-Executive Director has left the company

Hang Lung Properties Limited Declares Final Dividend

Upcoming dividend of HK$0.59 per share

Full year 2020 earnings released: HK$0.57 loss per share (vs HK$1.37 profit in FY 2019)

New 90-day high: HK$22.30

Hang Lung Properties Limited Announces Retirement of Ronald Joseph Arculli as Independent Non-Executive Director