Swire Pacific (0019) Price & Analysis

Swire Pacific Limited is a diversified conglomerate, founded in Central, Hong Kong, in 1816, with extensive global operations in property, aviation, beverages, marine, and trading and industrial sectors, particularly across Hong Kong, Mainland China, the rest of Asia, and the United States. Its Property division focuses on developing, owning, and operating a variety of mixed-use properties, encompassing a portfolio of office and retail spaces, serviced apartments, luxury residential units, and commercial developments, alongside a trading portfolio of residential properties. This division also manages six hotels—two in Hong Kong and four in Mainland China—and holds a stake in the Mandarin Oriental hotel in the U.S. The Aviation arm offers a wide range of services, including flight catering, ramp support, passenger and cargo services, and aircraft maintenance and modification, operating a fleet of 234 aircraft as of December 31, 2021. Through its Beverages division, the company manufactures, markets, and distributes soft drinks. The Trading & Industrial division is highly varied, including the retail of footwear, apparel, and accessories across 164 stores, the sale of various vehicles (cars, commercial vehicles, motorcycles, scooters), the operation of 538 bakery stores, the packaging and sale of "Taikoo Sugar" products, and the provision of waste management services.