Hang Lung Properties (0101) AI Stock Analysis

• Market Cap: $40.62B
• Dividend Yield: 6.4%
• Average Volume (3M): 11.09M
• Price to Earnings (P/E): 19.4
• Beta (1Y): 1.02
• Revenue Growth: -9.76%
• EPS Growth: -28.29%
• Country: HK
• Employees: 3,930
• Sector: Real Estate
• Sector Strength: 46
• Industry: Real Estate - Services
• EPS (TTM): 0.33
• Shares Outstanding: 5,002,011,700
• 10 Day Avg. Volume: 10,174,465
• 30 Day Avg. Volume: 11,086,150
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.32
• Enterprise Value/Revenue: 8.35
• Enterprise Value/Gross Profit: 14.51
• Enterprise Value/Ebitda: 64.16
• 1Y Price Target: $8.77
• Price Target Upside: 10.44% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7

• Rating: 77 Outperform
• Price Target: HK$8.50 ▲(7.05% Upside)

Hang Lung Properties demonstrates strong technical indicators and attractive valuation with a high dividend yield, making it appealing to income-focused investors. However, concerns about declining profit margins and negative free cash flow growth weigh on its financial performance.

Positive Factors

Investment Value

The stock remains attractive from a historical perspective, especially for long-term investors seeking exposure in China’s luxury malls.

Rental Growth

Westlake 66 in Hangzhou to drive rental growth.

Negative Factors

Consumer Confidence

Deterioration in consumer confidence in China could drag earnings and share price performance.

Hang Lung Properties Business Overview & Revenue Model

Company Description

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties. Its investment properties portfolio includes shopping malls, office, residential, serviced apartment, hotel, and car parking properties, as well as industrial premises. The company also engages in the apartment operating and management; project management; and property agency activities. In addition, it provides management and financial services. The company was incorporated in 1949 and is headquartered in Central, Hong Kong. Hang Lung Properties Limited is a subsidiary of Hang Lung Group Limited.

How the Company Makes Money

Hang Lung Properties generates revenue primarily through leasing and management of its commercial and residential properties. The company owns and operates a range of shopping malls and office buildings, from which it earns rental income. Additionally, Hang Lung engages in property development, selling residential and commercial units, which contributes to its revenue. The company has also formed strategic partnerships and collaborates with international brands to enhance the value and attractiveness of its retail spaces. Factors such as property market conditions, consumer spending trends, and economic developments in Hong Kong and China significantly impact Hang Lung's earnings.

Hang Lung Properties Financial Statement Overview

Summary

Hang Lung Properties shows moderate revenue growth and a strong balance sheet with low leverage. However, the decline in profit margins and negative free cash flow growth rate suggest potential challenges in profitability and liquidity.

Income Statement

Hang Lung Properties shows moderate revenue growth with a 8.6% increase from the previous year. However, there's a significant drop in gross profit margin from 71.7% to 57.4%, and net profit margin also declined from 38.3% to 19.1%. The EBITDA margin remains strong at 44.4%, but the absence of EBIT margin due to zero EBIT is concerning.

Balance Sheet

The company maintains a stable financial position with a low debt-to-equity ratio of 0.44 and a strong equity ratio of 59.4%. However, the return on equity has decreased to 16.4%, indicating reduced profitability on shareholder investments. The balance sheet reflects strong equity and manageable debt levels.

Cash Flow

Operating cash flow has increased significantly to HKD 4.96 billion. The free cash flow to net income ratio is robust, indicating efficient cash generation relative to net income. However, free cash flow growth rate is negative due to higher capital expenditures, which could impact future liquidity.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.24B	10.35B	10.35B	10.33B	9.00B
Gross Profit	6.46B	7.42B	7.26B	7.38B	6.51B
EBITDA	5.00B	6.83B	6.69B	6.85B	-693.00M
Net Income	2.15B	3.97B	3.84B	3.87B	-2.57B
Balance Sheet
Total Assets	221.65B	217.30B	212.69B	224.24B	211.32B
Cash, Cash Equivalents and Short-Term Investments	10.30B	5.35B	5.23B	8.52B	6.32B
Total Debt	57.64B	50.98B	45.82B	46.03B	38.24B
Total Liabilities	80.60B	75.18B	69.54B	71.85B	63.13B
Stockholders Equity	131.59B	132.41B	133.38B	141.72B	138.29B
Cash Flow
Free Cash Flow	4.79B	632.00M	1.44B	-123.00M	306.00M
Operating Cash Flow	4.96B	3.71B	4.14B	2.73B	3.41B
Investing Cash Flow	-3.17B	-2.94B	-2.56B	-1.42B	-2.20B
Financing Cash Flow	3.21B	-607.00M	-4.57B	1.98B	2.31B

Hang Lung Properties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0101, the sentiment is Positive. The current price of 7.94 is above the 20-day moving average (MA) of 7.78, above the 50-day MA of 7.35, and above the 200-day MA of 6.28, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 68.88 is Neutral, neither overbought nor oversold. The STOCH value of 66.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0101.

Hang Lung Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0101	77 Outperform	$40.62B	19.35	1.52%	6.40%	-9.76%	-28.29%
Sector *	65 Neutral	£943.95M	14.34	6.19%	6.64%	15.07%	66.67%
CNPPF	―	$2.42B	11.47		5.80%	―	―
CTRGF	―	$2.96B	11.72	4.96%	4.39%	―	―
HYSNF	―	$2.02B	400.00	-0.48%	9.70%	―	―
WRFRF	―	$9.10B	83.64	-0.25%	5.44%	―	―
2602	66 Neutral	HK$27.47B	22.15	6.76%	4.86%	5.75%	-31.63%

Hang Lung Properties Corporate Events

Hang Lung Properties Declares Interim Dividend with Scrip Option

Hang Lung Properties Limited announced an interim dividend of HKD 0.12 per share for the six months ending June 30, 2025. Shareholders have the option to receive this dividend in cash or convert it into scrip shares, with the conversion price to be announced later. The dividend will be paid on September 24, 2025, with key dates for shareholders to note, including the ex-dividend date on August 13, 2025, and the record date on August 15, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders.

The most recent analyst rating on (HK:0101) stock is a Hold with a HK$6.30 price target. To see the full list of analyst forecasts on Hang Lung Properties stock, see the HK:0101 Stock Forecast page.

Hang Lung Properties Announces 2025 Interim Results

Hang Lung Properties Limited, a company incorporated in Hong Kong, has announced its 2025 interim results. The announcement includes financial highlights, a review of operations, and consolidated financial statements. This release provides stakeholders with insights into the company’s financial performance and operational review, which are crucial for assessing its market position and future prospects.

The most recent analyst rating on (HK:0101) stock is a Hold with a HK$6.30 price target. To see the full list of analyst forecasts on Hang Lung Properties stock, see the HK:0101 Stock Forecast page.

Hang Lung Properties to Review Interim Results and Dividend

Hang Lung Properties Limited has announced that its board of directors will meet on July 30, 2025, to approve the interim results for the first half of the year and consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial health and potential returns for shareholders, impacting its market position and stakeholder interests.

The most recent analyst rating on (HK:0101) stock is a Hold with a HK$6.30 price target. To see the full list of analyst forecasts on Hang Lung Properties stock, see the HK:0101 Stock Forecast page.

Hang Lung Properties Announces Final Dividend with Scrip Option

Hang Lung Properties Limited announced a final dividend of HKD 0.4 per share for the financial year ending December 31, 2024, with a scrip option allowing shareholders to receive dividends in the form of additional shares. The conversion price for the scrip shares is set at HKD 6.17, and shareholders can opt for this until June 4, 2025. This announcement reflects the company’s commitment to providing shareholder returns and may impact its financial position by offering flexibility in dividend payments.

The most recent analyst rating on (HK:0101) stock is a Hold with a HK$6.30 price target. To see the full list of analyst forecasts on Hang Lung Properties stock, see the HK:0101 Stock Forecast page.