Sino Land
Market Cap
HK$86.7b
Last Updated
2021/03/04 10:19 UTC
Data Sources
Company Financials +
Executive Summary
Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Sino Land's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 83 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 83's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-5.3%
83
3.6%
HK Real Estate
-0.5%
HK Market
1 Year Return
9.3%
83
-4.8%
HK Real Estate
21.5%
HK Market
Return vs Industry: 83 exceeded the Hong Kong Real Estate industry which returned -4.8% over the past year.
Return vs Market: 83 underperformed the Hong Kong Market which returned 21.5% over the past year.
Shareholder returns
| 83 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.3% | 3.6% | -0.5% |
| 30 Day | 5.4% | 7.9% | 2.1% |
| 90 Day | 13.2% | 8.4% | 11.9% |
| 1 Year | 15.8%9.3% | -0.02%-4.8% | 26.2%21.5% |
| 3 Year | -3.2%-18.5% | -3.0%-15.3% | 6.2%-4.9% |
| 5 Year | 28.5%1.0% | 61.8%28.2% | 61.7%34.1% |
Long-Term Price Volatility Vs. Market
How volatile is Sino Land's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
What You Need To Know About The Sino Land Company Limited (HKG:83) Analyst Downgrade Today2 weeks ago | Simply Wall St
What Can We Conclude About Sino Land's (HKG:83) CEO Pay?1 month ago | Simply Wall St
Are Sino Land's (HKG:83) Statutory Earnings A Good Reflection Of Its Earnings Potential?Valuation
Is Sino Land 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: 83 (HK$11.7) is trading below our estimate of fair value (HK$24.38)
Significantly Below Fair Value: 83 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 83 is poor value based on its PE Ratio (424.7x) compared to the HK Real Estate industry average (8.3x).
PE vs Market: 83 is poor value based on its PE Ratio (424.7x) compared to the Hong Kong market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: 83 is poor value based on its PEG Ratio (70.5x)
Price to Book Ratio
PB vs Industry: 83 is overvalued based on its PB Ratio (0.6x) compared to the HK Real Estate industry average (0.5x).
Next Steps
Future Growth
How is Sino Land forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
6.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 83's forecast earnings growth (6% per year) is above the savings rate (1.5%).
Earnings vs Market: 83's earnings (6% per year) are forecast to grow slower than the Hong Kong market (21.3% per year).
High Growth Earnings: 83's earnings are forecast to grow, but not significantly.
Revenue vs Market: 83's revenue is expected to decline over the next 3 years (-9.3% per year).
High Growth Revenue: 83's revenue is forecast to decline over the next 3 years (-9.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 83's Return on Equity is forecast to be low in 3 years time (5.5%).
Next Steps
Past Performance
How has Sino Land performed over the past 5 years?
-17.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 83 has a large one-off loss of HK$2.7B impacting its December 31 2020 financial results.
Growing Profit Margin: 83's current net profit margins (2.8%) are lower than last year (99.4%).
Past Earnings Growth Analysis
Earnings Trend: 83's earnings have declined by 17.8% per year over the past 5 years.
Accelerating Growth: 83's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 83 had negative earnings growth (-97%) over the past year, making it difficult to compare to the Real Estate industry average (7.6%).
Return on Equity
High ROE: 83's Return on Equity (0.1%) is considered low.
Next Steps
Financial Health
How is Sino Land's financial position?
Financial Position Analysis
Short Term Liabilities: 83's short term assets (HK$81.1B) exceed its short term liabilities (HK$33.6B).
Long Term Liabilities: 83's short term assets (HK$81.1B) exceed its long term liabilities (HK$6.9B).
Debt to Equity History and Analysis
Debt Level: 83's debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 83's debt to equity ratio has increased from 3.8% to 4.2% over the past 5 years.
Debt Coverage: 83's debt is well covered by operating cash flow (95.5%).
Interest Coverage: 83 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Sino Land current dividend yield, its reliability and sustainability?
4.70%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 83's dividend (4.7%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2%).
High Dividend: 83's dividend (4.7%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.3%).
Stability and Growth of Payments
Stable Dividend: 83's dividends per share have been stable in the past 10 years.
Growing Dividend: 83's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1996.5%), 83's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 83's dividends in 3 years are forecast to be covered by earnings (52.4% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
11.3yrs
Average board tenure
CEO
Robert Ng (68 yo)
no data
Tenure
HK$920,584
Compensation
Mr. Chee Siong Ng, also known as Robert, has been an Advisor to China on Hong Kong affairs since 1992. Mr. Ng has been actively engaged in property investment and development in Hong Kong. He is a Business...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD118.66K) is below average for companies of similar size in the Hong Kong market ($USD833.76K).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | HK$920.58k | 2.71% HK$ 2.4b | |
| Deputy Chairman | 3.33yrs | HK$900.03k | 0.0019% HK$ 1.6m | |
| Group CFO & Executive Director | 1.17yrs | HK$2.68m | no data | |
| Executive Director | 13.17yrs | HK$6.45m | 0.0029% HK$ 2.5m | |
| Executive Director | 8.17yrs | HK$8.63m | no data | |
| Non-Executive Director | 40.17yrs | HK$200.00k | 0.016% HK$ 14.1m | |
| Independent Non-Executive Director | 16.5yrs | HK$380.00k | no data | |
| Independent Non-Executive Director | 15.92yrs | HK$380.00k | no data | |
| Independent Non-Executive Director | 9.42yrs | HK$350.00k | no data | |
| Independent Non-Executive Director | 6.17yrs | HK$200.00k | no data |
11.3yrs
Average Tenure
63.5yo
Average Age
Experienced Board: 83's board of directors are seasoned and experienced ( 11.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 83 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.
Top Shareholders
Company Information
Sino Land Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sino Land Company Limited
- Ticker: 83
- Exchange: SEHK
- Founded: 1971
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$86.749b
- Shares outstanding: 7.33b
- Website: https://www.sino.com
Number of Employees
Location
- Sino Land Company Limited
- Tsim Sha Tsui Centre
- 12th Floor
- Tsim Sha Tsui
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SNLA.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| 83 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| SNO | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| 83 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| 83 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| SNLA.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Jan 1994 |
Biography
Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. It operates through six segments: Property Sales, Property Rental, Property Management and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 10:19 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.