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160

Hon Kwok Land Investment CompanySEHK:160 Stock Report

Last Price

HK$2.82

Market Cap

HK$2.0b

7D

0.7%

1Y

4.4%

Updated

26 Jan, 2022

Data

Company Financials
160 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

160 Stock Overview

Hon Kwok Land Investment Company, Limited, an investment holding company, engages in the property development, investment, and related activities in Hong Kong and Mainland China.

Hon Kwok Land Investment Company Competitors

Sino Land

SEHK:83

HK$74.2b

Tsim Sha Tsui Properties

SEHK:247

HK$46.9b

New World Development

SEHK:17

HK$80.8b

Champion Real Estate Investment Trust

SEHK:2778

HK$23.7b

Price History & Performance

Summary of all time highs, changes and price drops for Hon Kwok Land Investment Company
Historical stock prices
Current Share PriceHK$2.82
52 Week HighHK$3.88
52 Week LowHK$2.65
Beta0.78
1 Month Change-2.76%
3 Month Change-6.93%
1 Year Change4.44%
3 Year Change-24.80%
5 Year Change-21.23%
Change since IPO-80.14%

Recent News & Updates

May 06
Are Dividend Investors Getting More Than They Bargained For With Hon Kwok Land Investment Company, Limited's (HKG:160) Dividend?

Are Dividend Investors Getting More Than They Bargained For With Hon Kwok Land Investment Company, Limited's (HKG:160) Dividend?

Could Hon Kwok Land Investment Company, Limited ( HKG:160 ) be an attractive dividend share to own for the long haul...

Shareholder Returns

160HK Real EstateHK Market
7D0.7%2.9%-0.06%
1Y4.4%-21.0%-15.0%

Return vs Industry: 160 exceeded the Hong Kong Real Estate industry which returned -21% over the past year.

Return vs Market: 160 exceeded the Hong Kong Market which returned -15% over the past year.

Price Volatility

Is 160's price volatile compared to industry and market?
160 volatility
160 Average Weekly Movement3.7%
Real Estate Industry Average Movement5.6%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 160 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 160's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a360James Wonghttps://www.honkwok.com.hk

Hon Kwok Land Investment Company, Limited, an investment holding company, engages in the property development, investment, and related activities in Hong Kong and Mainland China. The company operates through three segments: Property Development; Property Investment; and Property, Carpark Management, and Others. The company’s properties include commercial/office buildings, hotels, serviced apartment, and residential buildings.

Hon Kwok Land Investment Company Fundamentals Summary

How do Hon Kwok Land Investment Company's earnings and revenue compare to its market cap?
160 fundamental statistics
Market CapHK$2.02b
Earnings (TTM)HK$151.95m
Revenue (TTM)HK$1.14b

13.4x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
160 income statement (TTM)
RevenueHK$1.14b
Cost of RevenueHK$475.46m
Gross ProfitHK$659.77m
ExpensesHK$507.81m
EarningsHK$151.95m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.21
Gross Margin58.12%
Net Profit Margin13.39%
Debt/Equity Ratio43.8%

How did 160 perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

59%

Payout Ratio

Valuation

Is Hon Kwok Land Investment Company undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 160 (HK$2.82) is trading below our estimate of fair value (HK$20.43)

Significantly Below Fair Value: 160 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 160 is poor value based on its PE Ratio (13.4x) compared to the Hong Kong Real Estate industry average (6.8x).

PE vs Market: 160 is poor value based on its PE Ratio (13.4x) compared to the Hong Kong market (8.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 160's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 160 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).


Future Growth

How is Hon Kwok Land Investment Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.6%

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 Hon Kwok Land Investment Company 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.


Past Performance

How has Hon Kwok Land Investment Company performed over the past 5 years?

-38.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 160 has high quality earnings.

Growing Profit Margin: 160 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 160's earnings have declined by 38.7% per year over the past 5 years.

Accelerating Growth: 160 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 160 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (22.3%).


Return on Equity

High ROE: 160's Return on Equity (1.2%) is considered low.


Financial Health

How is Hon Kwok Land Investment Company's financial position?


Financial Position Analysis

Short Term Liabilities: 160's short term assets (HK$3.9B) exceed its short term liabilities (HK$3.2B).

Long Term Liabilities: 160's short term assets (HK$3.9B) do not cover its long term liabilities (HK$4.7B).


Debt to Equity History and Analysis

Debt Level: 160's net debt to equity ratio (30.3%) is considered satisfactory.

Reducing Debt: 160's debt to equity ratio has reduced from 68.4% to 43.8% over the past 5 years.

Debt Coverage: 160's debt is not well covered by operating cash flow (7.3%).

Interest Coverage: 160's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Dividend

What is Hon Kwok Land Investment Company current dividend yield, its reliability and sustainability?

4.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 160's dividend (4.43%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.38%).

High Dividend: 160's dividend (4.43%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.06%).


Stability and Growth of Payments

Stable Dividend: 160's dividends per share have been stable in the past 10 years.

Growing Dividend: 160's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59.3%), 160'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

James Wong (83 yo)

no data

Tenure

Dr. Sai-Wing Wong, also known as James, has been the Chairman and Managing Director of Hon Kwok Land Investment Co. Ltd. since 1990 and 1985 respectively. Dr. Wong serves as the Chief Executive Officer of...


Leadership Team

Experienced Management: 160's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: 160's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hon Kwok Land Investment Company, Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Hon Kwok Land Investment Company, Limited
  • Ticker: 160
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: HK$2.024b
  • Shares outstanding: 720.43m
  • Website: https://www.honkwok.com.hk

Number of Employees


Location

  • Hon Kwok Land Investment Company, Limited
  • Wing On Centre
  • 23rd Floor
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 10:02
End of Day Share Price2022/01/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.