Hon Kwok Land Investment Company
Market Cap
HK$1.9b
Last Updated
2021/01/16 10:28 UTC
Data Sources
Company Financials
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with imperfect balance sheet.
Similar Companies
Share Price & News
How has Hon Kwok Land Investment Company's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 160 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 160's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0%
160
0.4%
HK Real Estate
2.2%
HK Market
1 Year Return
-16.5%
160
-18.2%
HK Real Estate
7.5%
HK Market
Return vs Industry: 160 exceeded the Hong Kong Real Estate industry which returned -18.2% over the past year.
Return vs Market: 160 underperformed the Hong Kong Market which returned 7.5% over the past year.
Shareholder returns
| 160 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.4% | 2.2% |
| 30 Day | 2.3% | 2.7% | 9.4% |
| 90 Day | 6.0% | 0.3% | 15.8% |
| 1 Year | -12.5%-16.5% | -14.1%-18.2% | 11.8%7.5% |
| 3 Year | -42.7%-47.6% | -15.2%-26.1% | -3.5%-13.6% |
| 5 Year | 22.1%4.4% | 65.9%31.2% | 65.0%37.0% |
Long-Term Price Volatility Vs. Market
How volatile is Hon Kwok Land Investment Company's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
These 4 Measures Indicate That Hon Kwok Land Investment Company (HKG:160) Is Using Debt In A Risky Way1 month ago | Simply Wall St
Hon Kwok Land Investment Company's (HKG:160) Stock Price Has Reduced 47% In The Past Three Years2 months ago | Simply Wall St
Hon Kwok Land Investment Company, Limited (HKG:160) Is Yielding 5.0% - But Is It A Buy?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$2.63) is trading below our estimate of fair value (HK$9.26)
Significantly Below Fair Value: 160 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 160 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.
PE vs Market: 160 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 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).
Next Steps
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?
20.0%
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.
Next Steps
- Examine whether Hon Kwok Land Investment Company is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Hon Kwok Land Investment Company competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Hon Kwok Land Investment Company performed over the past 5 years?
-17.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 160 is currently unprofitable.
Growing Profit Margin: 160 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 160 is unprofitable, and losses have increased over the past 5 years at a rate of 17.5% per year.
Accelerating Growth: Unable to compare 160's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 160 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (5.9%).
Return on Equity
High ROE: 160 has a negative Return on Equity (-1.37%), as it is currently unprofitable.
Next Steps
Financial Health
How is Hon Kwok Land Investment Company's financial position?
Financial Position Analysis
Short Term Liabilities: 160's short term assets (HK$4.2B) exceed its short term liabilities (HK$3.3B).
Long Term Liabilities: 160's short term assets (HK$4.2B) do not cover its long term liabilities (HK$4.9B).
Debt to Equity History and Analysis
Debt Level: 160's debt to equity ratio (49.2%) is considered high.
Reducing Debt: 160's debt to equity ratio has reduced from 71.1% to 49.2% over the past 5 years.
Debt Coverage: 160's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 160 is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Hon Kwok Land Investment Company current dividend yield, its reliability and sustainability?
4.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 160's dividend (4.75%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.13%).
High Dividend: 160's dividend (4.75%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.66%).
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: 160 is paying a dividend but the company is unprofitable.
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?
2.6yrs
Average management tenure
CEO
James Wong (82 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | no data | no data | |
| Executive Director | 11.08yrs | HK$8.76m | no data | |
| Executive Director | 3.42yrs | HK$175.00k | no data | |
| Executive Director | 1.75yrs | HK$1.50m | no data | |
| Director of Finance | 2.67yrs | no data | no data | |
| General Manager of Operations | no data | no data | no data | |
| Director of Corporate Finance & & Business Development | no data | no data | no data | |
| Assistant General Manager of Asset Management | no data | no data | no data | |
| Company Secretary | 2.67yrs | no data | no data |
2.6yrs
Average Tenure
60yo
Average Age
Experienced Management: 160's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | no data | no data | |
| Executive Director | 11.08yrs | HK$8.76m | no data | |
| Executive Director | 3.42yrs | HK$175.00k | no data | |
| Executive Director | 1.75yrs | HK$1.50m | no data | |
| Independent Non-Executive Director | 5.75yrs | HK$175.00k | no data | |
| Independent Non-Executive Director | 1.67yrs | HK$125.00k | no data | |
| Independent Non-Executive Director | 1.42yrs | HK$75.00k | no data |
3.4yrs
Average Tenure
62yo
Average Age
Experienced Board: 160's board of directors are considered experienced (3.4 years average tenure).
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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hon Kwok Land Investment Company, Limited
- Ticker: 160
- Exchange: SEHK
- Founded:
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$1.895b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 160 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
Biography
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. It operates through three ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 10:28 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.