Hongkong Land develops, grows, and holds a portfolio of high-quality assets in Hong Kong’s central business district. Over more than a century, it assiduously assembled and upgraded these assets and turned them into a portfolio consisting of the most desirable office and retail locations in the city. The Central portfolio accounts for nearly 65% of the company’s operating profit.
Hongkong Land’s core portfolio will continue to benefit from a strong office market in Hong Kong, as well as the recovery of the city’s luxury retail sector.
The over-reliance on the Hong Kong portfolio exposes the company to a cyclical Hong Kong property market.
|
Metric
|
H78
|
01972
|
01997
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.57 | 11.40 | 11.21 |
Price/Book Value | 0.20 | 0.31 | 0.36 |
Price/Sales | 3.42 | 5.97 | 5.19 |
Price/Cash Flow | 14.93 | 13.15 | 10.39 |
|
Metric
|
H78
|
01972
|
01997
|
|---|---|---|---|
Quick Ratio | 0.61 | 0.48 | 0.16 |
Current Ratio | 1.70 | 1.03 | 0.24 |
Interest Coverage | −1.16 | 7.92 | 3.54 |
|
Metric
|
H78
|
01972
|
01997
|
|---|---|---|---|
Return on Assets (Normalized) | 1.87% | 2.11% | 2.41% |
Return on Equity (Normalized) | 2.39% | 2.54% | 3.15% |
Return on Invested Capital (Normalized) | 2.39% | 2.33% | 3.30% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
SUHJY
| Sun Hung Kai Properties Ltd ADR | — | Bnm | $25.9 Bil | |
SUHJF
| Sun Hung Kai Properties Ltd | — | Qrp | $25.7 Bil | |
CRBJY
| China Resources Land Ltd ADR | — | Mxmp | $21.7 Bil | |
CRBJF
| China Resources Land Ltd | — | Bhfq | $21.1 Bil | |
DWAHF
| Daiwa House Industry Co Ltd | — | Gxrp | $17.9 Bil | |
DWAHY
| Daiwa House Industry Co Ltd ADR | — | Mhj | $17.7 Bil | |
CAOVY
| China Overseas Land & Investment Ltd ADR | — | Fcqd | $16.1 Bil | |
CAOVF
| China Overseas Land & Investment Ltd | — | Xcd | $16.1 Bil | |
CHKGF
| CK Asset Holdings Ltd | — | Ytcfggh | $14.0 Bil | |
CNGKY
| CK Asset Holdings Ltd ADR | — | Hhzmxz | $14.0 Bil |
