Sino Land Co (0083) AI Stock Analysis

• Market Cap: $73.57B
• Dividend Yield: 7.17%
• Average Volume (3M): 5.74M
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.50
• Revenue Growth: -30.38%
• EPS Growth: -43.73%
• Country: HK
• Employees: 10,000
• Sector: Real Estate
• Sector Strength: 79
• Industry: Real Estate - Development
• EPS (TTM): 0.41
• Shares Outstanding: 9,150,104,000
• 10 Day Avg. Volume: 4,399,456
• 30 Day Avg. Volume: 5,739,992
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $9.46
• Price Target Upside: 17.65% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Sino Land Co has a strong profitability profile and a solid balance sheet, which are its main strengths. However, the declining revenue and cash flow fluctuations highlight potential risks. The stock's valuation is reasonable, with a high dividend yield adding appeal. Technical indicators suggest positive momentum, supporting a moderately favorable outlook.

Positive Factors

Dividends and Acquisitions

Sino Land sat on net cash balance of HKD45.9bn which allows the company to deliver steady dividends while pursuing value-accretive land acquisitions.

Financial Strength

With impeccable financial strength, Sino Land is well positioned to make value-accretive land acquisitions which should enhance its long-term growth prospects and support its stock valuation.

Market Response

A favourable market response to project launches could provide upside on stock price.

Negative Factors

Earnings Performance

1HFY25 underlying profit dropped 24% y/y to HKD2.2bn, dragged by lower development earnings.

Property Demand

Any property demand softening could drag its earnings and thus share price.

Sino Land Co Business Overview & Revenue Model

Company Description

Sino Land Co. Ltd (0083) is a leading property developer based in Hong Kong, primarily engaged in the development of residential, office, industrial, and retail properties. The company's diverse portfolio extends across Mainland China, Singapore, and Australia, reflecting its strategic expansion beyond Hong Kong. Sino Land is also involved in the management and operation of hotels, car parks, and shopping malls, enhancing its integrated real estate offerings.

How the Company Makes Money

Sino Land Co. Ltd generates revenue through several key streams. Primarily, the company earns from the sale of developed residential, office, and retail properties, which constitutes a significant portion of its income. Additionally, Sino Land benefits from rental income derived from its extensive portfolio of leased properties, including shopping centers and office spaces. The management and operation of hotels and car parks provide supplementary revenue streams. The company also engages in strategic partnerships and joint ventures, enabling it to leverage additional resources and expertise, which contribute to its earnings. Furthermore, Sino Land invests in property management services, adding a steady flow of income from managing its own and third-party properties.

Sino Land Co Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
8.77B	11.90B	15.65B	24.43B	7.12B
	Gross Profit
3.42B	5.21B	8.17B	13.24B	4.49B
	EBIT
2.34B	4.28B	7.31B	12.39B	3.64B
	EBITDA
4.97B	4.47B	7.49B	12.57B	3.82B
	Net Income Common Stockholders
4.40B	5.85B	5.74B	9.65B	1.69B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
46.43B	43.94B	44.79B	44.14B	43.67B
	Total Assets
180.34B	179.27B	178.98B	181.72B	186.72B
	Total Debt
854.00M	2.08B	3.37B	5.39B	6.93B
	Net Debt
-953.00M	-11.70B	-252.02M	1.80B	791.43M
	Total Liabilities
14.03B	16.17B	20.76B	24.91B	40.96B
	Stockholders Equity
165.79B	162.35B	157.40B	155.16B	144.92B
Cash Flow		Free Cash Flow
1.08B	1.40B	7.29B	3.98B	9.38B
	Operating Cash Flow
1.15B	1.51B	7.34B	4.02B	9.43B
	Investing Cash Flow
-6.86B	-3.97B	-12.09B	2.26B	-966.84M
	Financing Cash Flow
-1.34B	-1.29B	-6.13B	-1.09B	-2.01B

Sino Land Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0083, the sentiment is Positive. The current price of 8.04 is above the 20-day moving average (MA) of 7.72, above the 50-day MA of 7.77, and above the 200-day MA of 7.67, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 66.27 is Neutral, neither overbought nor oversold. The STOCH value of 86.27 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0083.

Sino Land Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0113	76 Outperform	HK$2.64B	10.21	7.44%	9.38%	-12.74%	-17.17%
0016	71 Outperform	$218.06B	12.32	2.88%	5.02%	20.91%	-29.29%
0083	70 Outperform	$73.57B	19.11	2.17%	7.17%	-30.38%	-43.73%
0012	68 Neutral	$108.69B	17.07	1.94%	8.99%	-7.64%	-32.01%
Sector *	60 Neutral	$2.82B	11.31	0.21%	8508.30%	6.32%	-13.73%
0084	60 Neutral	HK$80.45M	0.18	70.23%	―	-8.35%	―
0017	44 Neutral	$12.16B	―	-10.34%	10.14%	-56.64%	-3398.20%

Sino Land Co Corporate Events

Sino Land Announces Interim Dividend with Scrip Option

Sino Land Company Limited announced an interim cash dividend of HKD 0.15 per share for the six months ending December 31, 2024, with a scrip option available. The update includes details on the conversion price for scrip shares, first dealing date, fractional entitlements, and election closing date. This announcement reflects Sino Land’s ongoing commitment to shareholder returns and provides flexibility for investors, potentially enhancing the company’s attractiveness in the market.

Sino Land Reports Decrease in Interim Profit Amidst Market Challenges

Sino Land Company Limited reported a decrease in its unaudited underlying profit for the six months ending December 31, 2024, with profits falling to HK$2,241 million from HK$2,945 million the previous year. The company declared an interim dividend of HK15 cents per share, maintaining the same level as the previous year. Despite a challenging market environment reflected in lower property sales revenue, the company continues to focus on its pipeline of new projects, including developments in Central, Yuen Long, and Tseung Kwan O, which are expected to bolster future growth. The company’s extensive land bank and diversified property portfolio position it well for future opportunities.

Sino Land Announces Interim Dividend with Scrip Option

Sino Land Company Limited has announced an interim dividend of HKD 0.15 per share for the six months ending December 31, 2024. This announcement reflects the company’s ongoing commitment to providing shareholder value and indicates a stable financial performance. The dividend offers a scrip option, allowing shareholders to receive additional shares instead of cash, with key dates including an ex-dividend date of March 11, 2025, and a payment date of April 22, 2025.

Sino Land Announces Change of Share Registrar

Sino Land Company Limited has announced a change in its share registrar, effective February 25, 2025, shifting from Tricor Standard Limited to Tricor Investor Services Limited. This transition is significant for stakeholders as it affects the processing of share transfers and collection of share certificates, indicating a possible strategic move to enhance shareholder services.