Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and Mainland China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$18.30|
|52 Week High||HK$17.08|
|52 Week Low||HK$21.60|
|1 Month Change||1.11%|
|3 Month Change||-3.68%|
|1 Year Change||-0.54%|
|3 Year Change||-7.11%|
|5 Year Change||-40.29%|
|Change since IPO||124.54%|
Recent News & Updates
|10||HK Real Estate||HK Market|
Return vs Industry: 10 exceeded the Hong Kong Real Estate industry which returned -12.1% over the past year.
Return vs Market: 10 underperformed the Hong Kong Market which returned 5.7% over the past year.
Stable Share Price: 10 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 10's weekly volatility (3%) has been stable over the past year.
About the Company
Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and Mainland 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 Fundamentals Summary
|10 fundamental statistics|
Is 10 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|10 income statement (TTM)|
|Cost of Revenue||HK$2.86b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.15|
|Net Profit Margin||15.33%|
How did 10 perform over the long term?See historical performance and comparison
4.6%Current Dividend Yield
Is Hang Lung Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 10 (HK$18.3) is trading above our estimate of fair value (HK$11.74)
Significantly Below Fair Value: 10 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 10 is poor value based on its PE Ratio (16x) compared to the Hong Kong Real Estate industry average (7.5x).
PE vs Market: 10 is poor value based on its PE Ratio (16x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 10's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 10 is good value based on its PB Ratio (0.3x) compared to the HK Real Estate industry average (0.4x).
How is Hang Lung Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hang Lung Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Hang Lung Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 10 has a large one-off loss of HK$1.4B impacting its June 30 2021 financial results.
Growing Profit Margin: 10's current net profit margins (15.3%) are lower than last year (16.3%).
Past Earnings Growth Analysis
Earnings Trend: 10's earnings have declined by 16.7% per year over the past 5 years.
Accelerating Growth: 10's earnings growth over the past year (3.3%) exceeds its 5-year average (-16.7% per year).
Earnings vs Industry: 10 earnings growth over the past year (3.3%) underperformed the Real Estate industry 23.4%.
Return on Equity
High ROE: 10's Return on Equity (2%) is considered low.
How is Hang Lung Group's financial position?
Financial Position Analysis
Short Term Liabilities: 10's short term assets (HK$19.2B) exceed its short term liabilities (HK$18.8B).
Long Term Liabilities: 10's short term assets (HK$19.2B) do not cover its long term liabilities (HK$48.4B).
Debt to Equity History and Analysis
Debt Level: 10's debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 10's debt to equity ratio has reduced from 25.8% to 25.5% over the past 5 years.
Debt Coverage: 10's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 10's interest payments on its debt are well covered by EBIT (31.9x coverage).
What is Hang Lung Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 10's dividend (4.59%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 10's dividend (4.59%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
Stability and Growth of Payments
Stable Dividend: 10's dividend payments have been volatile in the past 10 years.
Growing Dividend: 10's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (73.2%), 10's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Weber Lo (50 yo)
Mr. Wai Pak Lo, also known as Weber, has been an Executive Director of Hang Lung Group Limited and Hang Lung Properties Limited since May 16, 2018. Mr. Lo served as Chairman of Citibank (China) Co., Ltd. H...
CEO Compensation Analysis
Compensation vs Market: Weber's total compensation ($USD4.56M) is above average for companies of similar size in the Hong Kong market ($USD697.61K).
Compensation vs Earnings: Weber's compensation has been consistent with company performance over the past year.
Experienced Board: 10's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 10 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hang Lung Group Limited's employee growth, exchange listings and data sources
- Name: Hang Lung Group Limited
- Ticker: 10
- Exchange: SEHK
- Founded: 1960
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: HK$24.945b
- Shares outstanding: 1.36b
- Website: https://www.hanglung.com/en-US/group/home
Number of Employees
- Hang Lung Group Limited
- Standard Chartered Bank Building
- 28th Floor
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 10:03|
|End of Day Share Price||2021/10/19 00:00|
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.