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Hysan Development Company LimitedSEHK:14 Stock Report

Market Cap HK$17.4b
Share Price
HK$17.28
HK$23.26
25.7% undervalued intrinsic discount
1Y20.8%
7D-3.2%
1D
Portfolio Value
View

Hysan Development Company Limited

SEHK:14 Stock Report

Market Cap: HK$17.4b

Hysan Development (14) Stock Overview

Hysan Development Company Limited investment portfolio is set predominantly in Lee Gardens, a unique part of Hong Kong’s renowned commercial heart in Causeway Bay. More details

14 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance4/6
Financial Health2/6
Dividends2/6

14 Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Hysan Development Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hysan Development
Historical stock prices
Current Share PriceHK$17.28
52 Week HighHK$23.30
52 Week LowHK$13.48
Beta0.80
1 Month Change-11.93%
3 Month Change-5.78%
1 Year Change20.84%
3 Year Change-15.50%
5 Year Change-43.62%
Change since IPO108.19%

Recent News & Updates

Narrative Update Jun 04

14: Paperless Corporate Actions Will Support Bullish Repricing Over Time

Analysts have maintained their fair value estimate for Hysan Development at HK$23.26. They made only minimal adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, resulting in no material change to the overall price target.
Narrative Update Apr 20

14: Treasury Share And Paperless Dividend Reforms Will Drive Bullish Repricing

Analysts have held their HK$23.26 price target steady for Hysan Development, citing unchanged assumptions for the discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view. What's in the News The board proposes amendments to Hysan Development's articles of association to align with the amended Companies Ordinance on the treasury share regime for Hong Kong incorporated listed issuers (Key Developments).
Narrative Update Apr 05

14: 2025 Dividend Decision And Treasury Share Reforms Will Unlock Bullish Repricing

Analysts have trimmed their price target for Hysan Development slightly to around HK$23.26 from about HK$23.41, reflecting updated assumptions for profit margin and future P/E while keeping the discount rate and revenue growth outlook broadly unchanged. What's in the News The board proposes amendments to Hysan Development's articles of association to align with the amended Hong Kong Companies Ordinance on treasury shares, reflecting updated rules for Hong Kong incorporated listed issuers (Key Developments).
Narrative Update Mar 21

14: Upcoming 2025 Dividend Decision Will Drive Bullish Repricing Potential

Analysts have trimmed their 12 month price target for Hysan Development slightly to around HK$23.41, with the shift mainly reflecting small adjustments to fair value estimates, discount rate assumptions and projected profit margins, rather than a change in the core outlook. What's in the News A board meeting has been scheduled for February 26, 2026, to review and approve the final results of Hysan Development and its subsidiaries for the year ended December 31, 2025 (Key Developments).
Narrative Update Mar 06

14: Future Dividend Decisions Following 2025 Results Will Drive Upside Potential

Analysts have lifted their price target on Hysan Development from HK$22.03 to HK$23.42, citing updated assumptions on revenue growth, profit margins, and a higher future P/E multiple. What's in the News A board meeting is scheduled for February 26, 2026, to review and approve the final results of Hysan Development and its subsidiaries for the year ended December 31, 2025.

Recent updates

Narrative Update Jun 04

14: Paperless Corporate Actions Will Support Bullish Repricing Over Time

Analysts have maintained their fair value estimate for Hysan Development at HK$23.26. They made only minimal adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, resulting in no material change to the overall price target.
Narrative Update Apr 20

14: Treasury Share And Paperless Dividend Reforms Will Drive Bullish Repricing

Analysts have held their HK$23.26 price target steady for Hysan Development, citing unchanged assumptions for the discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view. What's in the News The board proposes amendments to Hysan Development's articles of association to align with the amended Companies Ordinance on the treasury share regime for Hong Kong incorporated listed issuers (Key Developments).
Narrative Update Apr 05

14: 2025 Dividend Decision And Treasury Share Reforms Will Unlock Bullish Repricing

Analysts have trimmed their price target for Hysan Development slightly to around HK$23.26 from about HK$23.41, reflecting updated assumptions for profit margin and future P/E while keeping the discount rate and revenue growth outlook broadly unchanged. What's in the News The board proposes amendments to Hysan Development's articles of association to align with the amended Hong Kong Companies Ordinance on treasury shares, reflecting updated rules for Hong Kong incorporated listed issuers (Key Developments).
Narrative Update Mar 21

14: Upcoming 2025 Dividend Decision Will Drive Bullish Repricing Potential

Analysts have trimmed their 12 month price target for Hysan Development slightly to around HK$23.41, with the shift mainly reflecting small adjustments to fair value estimates, discount rate assumptions and projected profit margins, rather than a change in the core outlook. What's in the News A board meeting has been scheduled for February 26, 2026, to review and approve the final results of Hysan Development and its subsidiaries for the year ended December 31, 2025 (Key Developments).
Narrative Update Mar 06

14: Future Dividend Decisions Following 2025 Results Will Drive Upside Potential

Analysts have lifted their price target on Hysan Development from HK$22.03 to HK$23.42, citing updated assumptions on revenue growth, profit margins, and a higher future P/E multiple. What's in the News A board meeting is scheduled for February 26, 2026, to review and approve the final results of Hysan Development and its subsidiaries for the year ended December 31, 2025.
Narrative Update Feb 19

14: Fair Value Will Depend On Sustained Margins And Upcoming Dividend Decisions

Analysts have lifted their price target for Hysan Development to HK$22.03 from HK$19.87, citing updated assumptions that include a slightly lower discount rate, a modest adjustment to revenue growth expectations, higher projected profit margins, and a marginally higher future P/E multiple. What's in the News A board meeting is scheduled for February 26, 2026, to review and approve the final results for Hysan Development and its subsidiaries for the year ended December 31, 2025 (Key Developments).
Narrative Update Feb 04

14: Fair Value Will Depend On High Margins Proving Sustainable

Analysts have modestly raised their price target on Hysan Development from HK$18.92 to HK$19.87. They cite updated expectations for revenue growth, a profit margin of about 64%, and a forward P/E of roughly 12.7x.
Narrative Update Jan 21

14: Fair Value Will Reflect Steady Margins And Slightly Higher Forward Multiple

Analysts have increased their fair value estimate for Hysan Development from HK$18.65 to about HK$18.92, reflecting minor adjustments to long term assumptions regarding profitability and future P/E levels. Valuation Changes Fair Value: Adjusted slightly from HK$18.65 to about HK$18.92 per share.
Narrative Update Jan 06

14: Fair Value Will Reflect Softer Margins And Higher Forward Multiple

Analysts have nudged their fair value estimate for Hysan Development higher to HK$18.65 from HK$18.12, reflecting updated views on slightly lower revenue growth and profit margin assumptions, alongside a higher forward P/E multiple. Valuation Changes Fair value estimate adjusted from HK$18.12 to HK$18.65, reflecting updated model inputs.
Narrative Update Dec 14

14: Fair Value Will Reflect Slightly Higher Margins Amid Softer Outlook

Analysts have modestly raised their price target on Hysan Development to HK$18.12 from HK$17.29, citing slightly improved profit margin expectations despite a marginally softer revenue growth outlook and a higher implied future price-to-earnings multiple. Valuation Changes The fair value estimate has risen slightly from HK$17.29 to HK$18.12, reflecting a modestly higher intrinsic valuation.
Narrative Update Nov 29

14: Fair Value Is Expected To Remain Steady Amid Slightly Higher Risk

Analysts have maintained their price target for Hysan Development at HK$17.29, citing stable outlooks across key valuation drivers such as revenue growth, discount rate, and expected profit margins. Valuation Changes Fair Value remains unchanged at HK$17.29.
Narrative Update Nov 14

14: Fair Value Is Expected To Remain Steady Amid Slightly Higher Risk

Analysts have maintained their price target for Hysan Development at HK$17.29. This reflects stable forecasts, given only minor adjustments in key valuation inputs and the overall outlook.
Narrative Update Oct 31

14: Consistent Outlook Will Sustain Momentum Amid Stability In Core Metrics

Analysts have maintained their fair value estimate for Hysan Development at HK$17.29, citing consistent assumptions around revenue growth, profit margins, and the discount rate. This indicates a stable outlook despite the lack of notable updates in recent research.
Narrative Update Oct 17

Lee Garden Eight Expansion Will Redefine Hong Kong Urban Lifestyle

Analysts have revised their price target for Hysan Development upward from $16.59 to $17.29. This change reflects a more optimistic view supported by improved revenue growth projections, even though there are only modest changes in profit margin and future P/E expectations.
Analysis Article Aug 18

Is Hysan Development (HKG:14) Using Too Much Debt?

SEHK:14 1 Year Share Price vs Fair Value Explore Hysan Development's Fair Values from the Community and select yours...
Narrative Update Aug 16

Hong Kong Mixed-Use, Office And Digital Developments Will Define Future

The consensus analyst price target for Hysan Development has been revised upward, primarily reflecting a sharp increase in both future P/E and net profit margin expectations, with the fair value rising from HK$15.11 to HK$16.24. What's in the News Board meeting scheduled to approve interim results for Hysan Development and subsidiaries for the six months ended June 30, 2025.
User avatar
New Narrative Jul 29

Hong Kong Mixed-Use, Office And Digital Developments Will Define Future

Expansion with sustainability-certified, modern commercial assets and refreshed luxury offerings is strengthening tenant appeal, boosting rental income, and supporting long-term earnings growth.
Analysis Article Jun 25

Does This Valuation Of Hysan Development Company Limited (HKG:14) Imply Investors Are Overpaying?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Hysan Development fair value estimate is HK$11.00 Current...
Analysis Article Apr 30

Hysan Development (HKG:14) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 07

What Is Hysan Development Company Limited's (HKG:14) Share Price Doing?

Hysan Development Company Limited ( HKG:14 ), might not be a large cap stock, but it saw significant share price...
Analysis Article Sep 30

Here's Why Hysan Development (HKG:14) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 26

Hysan Development (HKG:14) Has Affirmed Its Dividend Of HK$0.27

Hysan Development Company Limited ( HKG:14 ) has announced that it will pay a dividend of HK$0.27 per share on the 20th...
Analysis Article Jul 12

Should You Think About Buying Hysan Development Company Limited (HKG:14) Now?

While Hysan Development Company Limited ( HKG:14 ) might not have the largest market cap around , it saw significant...
Analysis Article May 09

A Look At The Fair Value Of Hysan Development Company Limited (HKG:14)

Key Insights The projected fair value for Hysan Development is HK$10.38 based on Dividend Discount Model Hysan...
Analysis Article Mar 18

Is Hysan Development Company Limited (HKG:14) Potentially Undervalued?

Hysan Development Company Limited ( HKG:14 ), is not the largest company out there, but it saw significant share price...
Analysis Article Dec 24

Calculating The Intrinsic Value Of Hysan Development Company Limited (HKG:14)

Key Insights The projected fair value for Hysan Development is HK$12.82 based on Dividend Discount Model Current share...
Analysis Article Dec 02

What Is Hysan Development Company Limited's (HKG:14) Share Price Doing?

Hysan Development Company Limited ( HKG:14 ), is not the largest company out there, but it received a lot of attention...
Analysis Article Sep 26

Hysan Development (HKG:14) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 21

Revenue Downgrade: Here's What Analysts Forecast For Hysan Development Company Limited (HKG:14)

One thing we could say about the analysts on Hysan Development Company Limited ( HKG:14 ) - they aren't optimistic...
Analysis Article Aug 13

Hysan Development's (HKG:14) Dividend Will Be HK$0.27

The board of Hysan Development Company Limited ( HKG:14 ) has announced that it will pay a dividend on the 5th of...
Analysis Article May 10

What Is Hysan Development Company Limited's (HKG:14) Share Price Doing?

Hysan Development Company Limited ( HKG:14 ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Apr 19

We Think Hysan Development (HKG:14) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 31

A Look At The Fair Value Of Hysan Development Company Limited (HKG:14)

Key Insights Hysan Development's estimated fair value is HK$20.59 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article Feb 20

Hysan Development (HKG:14) Has Affirmed Its Dividend Of HK$1.17

The board of Hysan Development Company Limited ( HKG:14 ) has announced that it will pay a dividend of HK$1.17 per...
Analysis Article Jan 19

Is There Now An Opportunity In Hysan Development Company Limited (HKG:14)?

While Hysan Development Company Limited ( HKG:14 ) might not be the most widely known stock at the moment, it saw a...
Analysis Article Dec 06

Is Hysan Development Company Limited (HKG:14) Worth HK$21.8 Based On Its Intrinsic Value?

Does the December share price for Hysan Development Company Limited ( HKG:14 ) reflect what it's really worth? Today...
Analysis Article Oct 17

Getting In Cheap On Hysan Development Company Limited (HKG:14) Might Be Difficult

With a price-to-earnings (or "P/E") ratio of 21.1x Hysan Development Company Limited ( HKG:14 ) may be sending very...
Analysis Article Oct 02

These 4 Measures Indicate That Hysan Development (HKG:14) Is Using Debt Extensively

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 24

Calculating The Fair Value Of Hysan Development Company Limited (HKG:14)

Does the August share price for Hysan Development Company Limited ( HKG:14 ) reflect what it's really worth? Today, we...
Analysis Article Jun 16

Should You Think About Buying Hysan Development Company Limited (HKG:14) Now?

Hysan Development Company Limited ( HKG:14 ), might not be a large cap stock, but it saw a double-digit share price...
Analysis Article May 19

Estimating The Fair Value Of Hysan Development Company Limited (HKG:14)

Does the May share price for Hysan Development Company Limited ( HKG:14 ) reflect what it's really worth? Today, we...

Shareholder Returns

14HK Real EstateHK Market
7D-3.2%-0.4%0.2%
1Y20.8%13.5%5.5%

Return vs Industry: 14 exceeded the Hong Kong Real Estate industry which returned 13.5% over the past year.

Return vs Market: 14 exceeded the Hong Kong Market which returned 5.5% over the past year.

Price Volatility

Is 14's price volatile compared to industry and market?
14 volatility
14 Average Weekly Movement4.1%
Real Estate Industry Average Movement6.2%
Market Average Movement7.4%
10% most volatile stocks in HK Market16.0%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 14 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 14's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923493n/awww.hysan.com.hk

Hysan Development Company Limited investment portfolio is set predominantly in Lee Gardens, a unique part of Hong Kong’s renowned commercial heart in Causeway Bay. Within our approximately 5.5 million square feet of retail, office and residential tenant space, we strive to become partners with our tenants and create a sustainable ecosystem. Our medium-to-long term strategy involves the continued refinement and expansion of our Core in Lee Gardens, as well as investment in growth which will deliver a more balanced and diversified portfolio for Hysan.

Hysan Development Company Limited Fundamentals Summary

How do Hysan Development's earnings and revenue compare to its market cap?
14 fundamental statistics
Market capHK$17.44b
Earnings (TTM)HK$315.00m
Revenue (TTM)HK$2.88b
56.3x
P/E Ratio
6.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
14 income statement (TTM)
RevenueHK$2.88b
Cost of RevenueHK$686.00m
Gross ProfitHK$2.20b
Other ExpensesHK$1.88b
EarningsHK$315.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin76.21%
Net Profit Margin10.93%
Debt/Equity Ratio45.6%

How did 14 perform over the long term?

See historical performance and comparison

Dividends

6.3%
Current Dividend Yield
352%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 14:14
End of Day Share Price 2026/06/15 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Hysan Development Company Limited is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kwok Yi LouieBarclays
Andrew LawrenceBarclays
Fan TsoBofA Global Research