The earnings call conveyed a generally stable financial performance for Sun Hung Kai Properties with notable achievements in contracted sales in Hong Kong and significant growth in Mainland China development sales. However, the group faced challenges with decreased net rental income and a decline in the hotel segment's operating profit. Despite these challenges, improvements in financial position and the Moody's outlook upgrade provide a positive outlook.

Company Guidance

During Sun Hung Kai Properties' FY 2025 Annual Results Analyst Briefing, the company reported an underlying profit of HKD 21.9 billion, marking a 0.5% increase year-on-year, primarily due to high profits from property sales and lower finance costs. The reported profit was HKD 19.3 billion, up 1.2% from the previous year. The underlying earnings per share rose by 0.5% to HKD 7.54, while the reported earnings per share increased by 1.2% to HKD 6.65. The Board recommended a final dividend of HKD 2.80 per share, bringing the total dividend for the year to HKD 3.75. Property development profits grew by 5.6% to HKD 8.3 billion, while net rental income decreased by 3.2% to HKD 18.4 billion. The group's net debt was reduced to HKD 93.3 billion, with a net gearing ratio of 15.1%, and interest coverage improved to 6x. The company plans to maintain a stable recurring income base, with 55% of borrowings tied to fixed or RMB floating rates. The group's land bank in Hong Kong was 57.4 million square feet, with significant residential projects under development. Contracted sales in Hong Kong reached HKD 42.3 billion, with a focus on high asset turnover and strategic launches of new projects.

Stable Underlying Profit

The group's underlying profit amounted to $21.9 billion, an increase of 0.5% year-on-year, driven by the sale of trading and investment properties and lower finance costs.

Improved Financial Position

Net debt was reduced to $93.3 billion, with a net gearing ratio improvement to 15.1% from 17.8% at the end of December last year. Interest coverage improved to 6x from 4.6x.

Record Contracted Sales in Hong Kong

The group achieved contracted sales of $42.3 billion in Hong Kong, the highest level over the past 5 financial years.

Strong Performance in Mainland China Development

Recognized property sales on the Mainland rose by 214% year-on-year to $8.4 billion, with robust development margins.

Moody's Upgrade

Moody's upgraded the group's outlook to stable from negative, affirming an A1 rating.

Sun Hung Kai Properties (HK:0016) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HK:0016 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 26, 2026	2026 (Q2)	3.68 / -	3.61	―	―	―
Sep 04, 2025	2025 (Q4)	4.21 / 4.06	3.42	18.71% (+0.64)
Feb 27, 2025	2025 (Q2)	3.50 / 3.61	3.07	17.59% (+0.54)
Sep 05, 2024	2024 (Q4)	4.52 / 3.42	5.35	-36.07% (-1.93)
Feb 28, 2024	2024 (Q2)	3.63 / 3.07	3.27	-6.12% (-0.20)
Sep 07, 2023	2023 (Q4)	5.64 / 5.35	3.58	49.44% (+1.77)	―	―
Feb 23, 2023	2023 (Q2)	4.14 / 3.27	5.11	-36.01% (-1.84)	―	―
Sep 08, 2022	2022 (Q4)	3.90 / 3.58	4.4	-18.64% (-0.82)	―	―
Feb 24, 2022	2022 (Q2)	5.78 / 5.11	6.03	-15.26% (-0.92)	―	―
Sep 09, 2021	2021 (Q4)	45.02 / 4.40	4.15	6.02% (+0.25)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HK:0016 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Sep 04, 2025	HK$92.10	HK$91.40	-0.76%
Feb 27, 2025	HK$73.68	HK$74.02	+0.47%
Sep 05, 2024	HK$70.39	HK$71.72	+1.90%
Feb 28, 2024	HK$73.08	HK$73.55	+0.64%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Sun Hung Kai Properties Limited (HK:0016) report earnings?

Sun Hung Kai Properties Limited (HK:0016) is schdueled to report earning on Feb 26, 2026, TBA (Confirmed).

What is Sun Hung Kai Properties Limited (HK:0016) earnings time?

Sun Hung Kai Properties Limited (HK:0016) earnings time is at Feb 26, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Sun Hung Kai Properties Limited stock?

The P/E ratio of Sun Hung Kai Properties is N/A.

What is HK:0016 EPS forecast?

HK:0016 EPS forecast for the fiscal quarter 2026 (Q2) is 3.68.

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