Hongkong Land Holdings Limited
H78.SI : Singapore Exchange
3.750
+1.08%
Share Price in USD. As of 12 Sep 17:14:37 SGT
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Key stats
Hongkong Land Holdings Limited’s share price has increased by 16.5% over the past 1 year. It has outperformed the Singapore stock market during this period.
- 52 Week Range
- $2.780 - 3.810
- Price vs historical high/low
- Near high
H78.SI | Market | |
---|---|---|
1 Day | 1.6% | 0.4% |
5 Day | 2.2% | 3.0% |
1 Month | 9.3% | 9.1% |
6 Month | 14.7% | 12.5% |
YTD | 8.4% | 10.1% |
1 Year | 16.5% | 15.7% |
5 Year | -31.8% | 11.4% |
- Market Cap
- $8.3B
- P/E
- 11
- P/E lower than historical average
- No
- P/B
- 0.27
- P/B lower than historical average
- Yes
Recently happened to Hongkong Land Holdings Limited
12 Sep 2024 • Earnings
02 Aug 2024 • Dividend
Beansprout Analysis
Market Analysis
Consensus Share Price Target
Hongkong Land Holdings Limited’s price target is $3.503, according to consensus estimates as of 12 Sep 2024. Hongkong Land Holdings Limited’s with a price target of $3.503 and current price of $3.75, has an upside potential of -6.6%.
Price Target: $3.503
Source: SGX as of 12 Sep 2024
Analyst Ratings
CGS-CIMB
11 Mar 2024
Hold
3.600
(prev 4.000)
DBS Research
02 Aug 2024
Buy
3.880
(prev 4.050)
Valuation
Price to earnings (P/E) ratio
11
9.45
Hongkong Land Holdings Limited's current P/E ratio of 11x is higher than its historical average P/E ratio of 9.45x.
P/E Ratio over Past 10 Years
Price to book (P/B) ratio
0.27
0.32
Hongkong Land Holdings Limited's current P/B ratio of 0.27x is inline with its historical average P/B ratio of 0.32x.
Earnings
Earnings Highlights
1H24 Results Summary
Revenue: SGD 972.40M
Increased 45% Year-on-Year
Higher revenue from Development Properties due to timing of project completions, partially offset by lower rental income from Investment Properties.
Net Profit: -SGD 828M
Decreased 15% Year-on-Year
Underlying loss of US$7 million due to provisions in China Development Properties, and unrealized net non-cash losses from revaluations of Investment Properties portfolio.
Dividend Per Share: SGD 0.06
Interim dividend unchanged from the prior year.
Debt to Equity Ratio: 18%
Increased 6% Year-on-Year
Net debt remained stable at US$5.4 billion, with net gearing increasing slightly to 18% from 17% at end of 2023.
Outlook
Market conditions are expected to remain challenging for the remainder of the year. Despite uncertainties, the Investment Properties portfolio is well positioned and resilient. Development Properties contributions are expected to increase in the second half due to planned project completions.
Sources: Hongkong Land Holdings Limited Financial Report
Earnings per share (EPS)
Hongkong Land Holdings Limited's' latest earnings per share is $0.09, which is higher than the earnings per share of -$0.15 in 2021.
Financials
Financial Statements
01 Aug 2024 | For period ending 30 Jun 2024 |
07 Mar 2024 | For period ending 31 Dec 2023 |
Annual Reports
09 Apr 2024 | For period ending 31 Dec 2023 |