| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
83 Stock Overview
Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties.
Sino Land Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$9.69 |
| 52 Week High | HK$12.98 |
| 52 Week Low | HK$9.22 |
| Beta | 0.69 |
| 1 Month Change | 2.98% |
| 3 Month Change | -10.44% |
| 1 Year Change | -9.10% |
| 3 Year Change | -31.28% |
| 5 Year Change | -24.30% |
| Change since IPO | 290.83% |
Recent News & Updates
Does Sino Land (HKG:83) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Estimating The Fair Value Of Sino Land Company Limited (HKG:83)
In this article we are going to estimate the intrinsic value of Sino Land Company Limited ( HKG:83 ) by taking the...
Shareholder Returns
| 83 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | -1.3% | -4.1% | 1.0% |
| 1Y | -9.1% | -28.7% | -15.6% |
Return vs Industry: 83 exceeded the Hong Kong Real Estate industry which returned -22.4% over the past year.
Return vs Market: 83 exceeded the Hong Kong Market which returned -11.9% over the past year.
Price Volatility
| 83 volatility | |
|---|---|
| 83 Average Weekly Movement | 2.7% |
| Real Estate Industry Average Movement | 5.6% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in HK Market | 13.3% |
| 10% least volatile stocks in HK Market | 3.1% |
Stable Share Price: 83 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 83's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 7,000 | Robert Ng | https://www.sino.com |
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 Other Services, Hotel Operations, Investments in Securities, and Financing. The company’s property portfolio includes office, industrial, and residential buildings, as well as shopping malls, car parks, and hotels.
Sino Land Fundamentals Summary
| 83 fundamental statistics | |
|---|---|
| Market Cap | HK$73.79b |
| Earnings (TTM) | HK$9.65b |
| Revenue (TTM) | HK$24.55b |
7.6x
P/E Ratio3.0x
P/S RatioIs 83 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 83 income statement (TTM) | |
|---|---|
| Revenue | HK$24.55b |
| Cost of Revenue | HK$11.01b |
| Gross Profit | HK$13.53b |
| Expenses | HK$3.89b |
| Earnings | HK$9.65b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.27 |
| Gross Margin | 55.14% |
| Net Profit Margin | 39.30% |
| Debt/Equity Ratio | 5.0% |
How did 83 perform over the long term?
See historical performance and comparisonDividends
5.7%
Current Dividend Yield41%
Payout RatioValuation
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$9.69) is trading below our estimate of fair value (HK$24.19)
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 (7.6x) compared to the Hong Kong Real Estate industry average (6.7x).
PE vs Market: 83 is good value based on its PE Ratio (7.6x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: 83's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 83's PB Ratio (0.5x) is in line with the HK Real Estate industry average.
Future Growth
How is Sino Land forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
-9.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 83's earnings are forecast to decline over the next 3 years (-9% per year).
Earnings vs Market: 83's earnings are forecast to decline over the next 3 years (-9% per year).
High Growth Earnings: 83's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 83's revenue is expected to decline over the next 3 years (-12.2% per year).
High Growth Revenue: 83's revenue is forecast to decline over the next 3 years (-12.2% 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 (4.3%).
Past Performance
How has Sino Land performed over the past 5 years?
-16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 83 has high quality earnings.
Growing Profit Margin: 83's current net profit margins (39.3%) are higher than last year (28.7%).
Past Earnings Growth Analysis
Earnings Trend: 83's earnings have declined by 16% per year over the past 5 years.
Accelerating Growth: 83's earnings growth over the past year (471.4%) exceeds its 5-year average (-16% per year).
Earnings vs Industry: 83 earnings growth over the past year (471.4%) exceeded the Real Estate industry 21.7%.
Return on Equity
High ROE: 83's Return on Equity (6.7%) is considered low.
Financial Health
How is Sino Land's financial position?
Financial Position Analysis
Short Term Liabilities: 83's short term assets (HK$74.8B) exceed its short term liabilities (HK$18.0B).
Long Term Liabilities: 83's short term assets (HK$74.8B) exceed its long term liabilities (HK$6.9B).
Debt to Equity History and Analysis
Debt Level: 83 has more cash than its total debt.
Reducing Debt: 83's debt to equity ratio has increased from 3.6% to 5% over the past 5 years.
Debt Coverage: 83's debt is well covered by operating cash flow (28.1%).
Interest Coverage: 83 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Sino Land current dividend yield, its reliability and sustainability?
5.68%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 83's dividend (5.68%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.36%).
High Dividend: 83's dividend (5.68%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.96%).
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 reasonably low payout ratio (41.2%), 83's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 83's dividends in 3 years are forecast to be covered by earnings (58% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.4yrs
Average board tenure
CEO
Robert Ng (69 yo)
no data
Tenure
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: Insufficient data to establish whether Robert's total compensation is reasonable compared to companies of similar size in the Hong Kong market.
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: 83's board of directors are seasoned and experienced ( 15.4 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Top Shareholders
Company Information
Sino Land Company Limited's 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
- Implied Market Cap: HK$73.791b
- Shares outstanding: 7.62b
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:15 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.