Lai Sun Development Company Limited, together with its subsidiaries, invests in, develops, leases, and sells real estate properties in Hong Kong, Mainland China, the United Kingdom, Vietnam, and internationally.
Lai Sun Development Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$4.30|
|52 Week High||HK$4.24|
|52 Week Low||HK$7.34|
|1 Month Change||-2.94%|
|3 Month Change||-27.24%|
|1 Year Change||-35.14%|
|3 Year Change||-60.77%|
|5 Year Change||-48.81%|
|Change since IPO||-97.93%|
Recent News & Updates
|488||HK Real Estate||HK Market|
Return vs Industry: 488 underperformed the Hong Kong Real Estate industry which returned -12.1% over the past year.
Return vs Market: 488 underperformed the Hong Kong Market which returned 5.7% over the past year.
Stable Share Price: 488 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 488's weekly volatility (9%) has been stable over the past year.
About the Company
Lai Sun Development Company Limited, together with its subsidiaries, invests in, develops, leases, and sells real estate properties in Hong Kong, Mainland China, the United Kingdom, Vietnam, and internationally. It operates through Property Development and Sales; Property Investment; Hotel Operation; Restaurant Operation; Media and Entertainment; Film and TV Program; Cinema Operation; Theme Park Operation; and Others segments. The company also invests in, develops, operates in, and manages cultural, leisure, entertainment, and related facilities; hotels and restaurants; and provides management and consultancy services to hotels, serviced apartments, and restaurants.
Lai Sun Development Fundamentals Summary
|488 fundamental statistics|
Is 488 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|488 income statement (TTM)|
|Cost of Revenue||HK$4.01b|
Last Reported Earnings
Jan 31, 2021
Next Earnings Date
Oct 22, 2021
|Earnings per share (EPS)||-3.15|
|Net Profit Margin||-58.63%|
How did 488 perform over the long term?See historical performance and comparison
Is Lai Sun Development 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: Insufficient data to calculate 488's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 488's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 488 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.
PE vs Market: 488 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 488's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 488 is good value based on its PB Ratio (0.1x) compared to the HK Real Estate industry average (0.4x).
How is Lai Sun Development 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 Lai Sun Development 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 Lai Sun Development performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 488 is currently unprofitable.
Growing Profit Margin: 488 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 488 is unprofitable, and losses have increased over the past 5 years at a rate of 21.5% per year.
Accelerating Growth: Unable to compare 488's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 488 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).
Return on Equity
High ROE: 488 has a negative Return on Equity (-8.91%), as it is currently unprofitable.
How is Lai Sun Development's financial position?
Financial Position Analysis
Short Term Liabilities: 488's short term assets (HK$19.6B) exceed its short term liabilities (HK$10.3B).
Long Term Liabilities: 488's short term assets (HK$19.6B) do not cover its long term liabilities (HK$26.0B).
Debt to Equity History and Analysis
Debt Level: 488's debt to equity ratio (52.4%) is considered high.
Reducing Debt: 488's debt to equity ratio has increased from 32.6% to 52.4% over the past 5 years.
Debt Coverage: 488's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: Insufficient data to determine if 488's interest payments on its debt are well covered by EBIT.
What is Lai Sun Development current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 488's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 488's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 488's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 488's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 488 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 488's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Julius Lau (65 yo)
Mr. Shu Yan Lau, also known as Julius, has been the Chief Executive Officer of Lai Sun Development Co. Ltd. since November 1, 2005 and served as its Chairman since December 20, 2011. Mr. Lau has extensive...
CEO Compensation Analysis
Compensation vs Market: Julius's total compensation ($USD679.27K) is above average for companies of similar size in the Hong Kong market ($USD348.14K).
Compensation vs Earnings: Julius's compensation has been consistent with company performance over the past year.
Experienced Management: 488's management team is seasoned and experienced (8.6 years average tenure).
Experienced Board: 488's board of directors are seasoned and experienced ( 14.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 488 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 58.3%.
Lai Sun Development Company Limited's employee growth, exchange listings and data sources
- Name: Lai Sun Development Company Limited
- Ticker: 488
- Exchange: SEHK
- Founded: 1959
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$4.166b
- Shares outstanding: 968.89m
- Website: https://www.laisun.com/lai-sun-development/en-US
Number of Employees
- Lai Sun Development Company Limited
- AIA Central
- 19th Floor
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:32|
|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.