Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. More Details
Reasonable growth potential second-rate dividend payer.
Share Price & News
How has Hang Lung Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 101 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 101's weekly volatility (3%) has been stable over the past year.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 101 exceeded the Hong Kong Real Estate industry which returned 7.8% over the past year.
Return vs Market: 101 underperformed the Hong Kong Market which returned 28.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hang Lung Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StWhy It Might Not Make Sense To Buy Hang Lung Properties Limited (HKG:101) For Its Upcoming Dividend
1 month ago | Simply Wall StCalculating The Intrinsic Value Of Hang Lung Properties Limited (HKG:101)
2 months ago | Simply Wall StIs It Too Late To Consider Buying Hang Lung Properties Limited (HKG:101)?
Is Hang Lung Properties undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 101 (HK$19.98) is trading above our estimate of fair value (HK$17.49)
Significantly Below Fair Value: 101 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 101 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.
PE vs Market: 101 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 101's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 101 is overvalued based on its PB Ratio (0.6x) compared to the HK Real Estate industry average (0.5x).
How is Hang Lung Properties forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 101 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: 101 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 101's is expected to become profitable in the next 3 years.
Revenue vs Market: 101's revenue (15.9% per year) is forecast to grow faster than the Hong Kong market (12.8% per year).
High Growth Revenue: 101's revenue (15.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 101's Return on Equity is forecast to be low in 3 years time (5%).
How has Hang Lung Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 101 is currently unprofitable.
Growing Profit Margin: 101 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 101 is unprofitable, and losses have increased over the past 5 years at a rate of 16.9% per year.
Accelerating Growth: Unable to compare 101's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 101 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (5.9%).
Return on Equity
High ROE: 101 has a negative Return on Equity (-1.39%), as it is currently unprofitable.
How is Hang Lung Properties's financial position?
Financial Position Analysis
Short Term Liabilities: 101's short term assets (HK$17.9B) do not cover its short term liabilities (HK$19.1B).
Long Term Liabilities: 101's short term assets (HK$17.9B) do not cover its long term liabilities (HK$44.1B).
Debt to Equity History and Analysis
Debt Level: 101's debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 101's debt to equity ratio has increased from 24.3% to 26% over the past 5 years.
Debt Coverage: 101's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 101 is unprofitable, therefore interest payments are not well covered by earnings.
What is Hang Lung Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 101's dividend (3.8%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.93%).
High Dividend: 101's dividend (3.8%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.03%).
Stability and Growth of Payments
Stable Dividend: 101's dividend payments have been volatile in the past 10 years.
Growing Dividend: 101's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 101 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: 101's dividends in 3 years are forecast to be covered by earnings (54.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Weber Lo (49 yo)
Mr. Wai Pak Lo, also known as Weber, has been an Executive Director of Hang Lung Group Limited and Hang Lung Properties Limited since May 16, 2018. Mr. Lo served as Chairman of Citibank (China) Co., Ltd. H...
CEO Compensation Analysis
Compensation vs Market: Weber's total compensation ($USD4.47M) is above average for companies of similar size in the Hong Kong market ($USD850.49K).
Compensation vs Earnings: Weber's compensation has been consistent with company performance over the past year.
Experienced Management: 101's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: 101's board of directors are considered experienced (8.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 Properties Limited's company bio, employee growth, exchange listings and data sources
- Name: Hang Lung Properties Limited
- Ticker: 101
- Exchange: SEHK
- Founded: 1949
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$89.870b
- Shares outstanding: 4.50b
- Website: https://www.hanglung.com
Number of Employees
- Hang Lung Properties Limited
- Standard Chartered Bank Building
- 28th Floor
- Hong Kong
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. The company operates through Propert...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 10:36|
|End of Day Share Price||2021/05/06 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.