Hang Lung Properties Limited (HK:0101)
:0101
Top Page
Hang Lung Properties
(0101)
Select Model
Select Model
Rating:65Neutral
Price Target:
HK$9.50
▲(7.22% Upside)
Action:DowngradedDate:03/28/26
Overall score reflects a stable financial base but inconsistent earnings and cash-flow quality, a currently weak technical trend, and partially offsets from reasonable valuation and a high dividend yield.
Positive Factors
Premium investment property portfolio
Hang Lung's focus on premium shopping malls and office properties underpins recurring rental income and tenant demand resilience. High-quality, large-scale assets support occupancy and pricing power across Hong Kong and mainland China, giving durable cashflow that persists beyond short-term cycles.
Negative Factors
Limited and declining revenue growth
Flat-to-declining top line constrains the company's ability to expand recurring income and reinvest in assets. Without consistent revenue growth, rental reversion and development margins must compensate, leaving earnings and cashflow vulnerable to weaker leasing or retail consumption trends in key cities.
Read all positive and negative factors
Positive Factors
Negative Factors
Premium investment property portfolio
Hang Lung's focus on premium shopping malls and office properties underpins recurring rental income and tenant demand resilience. High-quality, large-scale assets support occupancy and pricing power across Hong Kong and mainland China, giving durable cashflow that persists beyond short-term cycles.
Read all positive factors
Hang Lung Properties (0101) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$44.80B
Dividend Yield5.92%
Average Volume (3M)9.47M
Price to Earnings (P/E)23.4
Beta (1Y)1.01
Revenue Growth-9.76%
EPS Growth-28.29%
CountryHK
Employees3,930
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)0.18
Shares Outstanding5,056,646,500
10 Day Avg. Volume8,853,264
30 Day Avg. Volume9,466,734
Financial Highlights & Ratios
PEG Ratio-1.20
Price to Book (P/B)0.31
Price to Sales (P/S)4.25
P/FCF Ratio11.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$10.89Price Target Upside22.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)0.63
Revenue Forecast (FY)HK$11.11B
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...
How the Company Makes Money
Hang Lung Properties makes money mainly through (1) recurring rental income from its investment property portfolio and (2) profits and cash proceeds from property development activities.
1) Rental income from investment properties (core earnings ...
Hang Lung Properties Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
72
Positive
Cash Flow
61
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.96B | 11.24B | 10.35B | 10.35B | 10.33B |
| Gross Profit | 6.39B | 6.46B | 7.42B | 7.26B | 7.38B |
| EBITDA | 6.04B | 5.00B | 6.83B | 6.69B | 6.85B |
| Net Income | 1.81B | 2.15B | 3.97B | 3.84B | 3.87B |
Balance Sheet | |||||
| Total Assets | 222.91B | 221.65B | 217.30B | 212.69B | 224.24B |
| Cash, Cash Equivalents and Short-Term Investments | 6.33B | 10.30B | 5.35B | 5.23B | 8.52B |
| Total Debt | 54.12B | 57.64B | 50.98B | 45.82B | 46.03B |
| Total Liabilities | 78.45B | 80.60B | 75.18B | 69.54B | 71.85B |
| Stockholders Equity | 134.73B | 131.59B | 132.41B | 133.38B | 141.72B |
Cash Flow | |||||
| Free Cash Flow | 3.80B | 4.79B | 632.00M | 1.44B | -123.00M |
| Operating Cash Flow | 4.05B | 4.96B | 3.71B | 4.14B | 2.73B |
| Investing Cash Flow | -2.48B | -3.17B | -2.94B | -2.56B | -1.42B |
| Financing Cash Flow | -5.87B | 3.21B | -607.00M | -4.57B | 1.98B |
Hang Lung Properties Technical Analysis
Negative
8.86
Price Trends
9.37
Negative
9.17
Negative
8.61
Positive
Market Momentum
-0.19
Negative
44.67
Neutral
66.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0101, the sentiment is Negative. The current price of 8.86 is below the 20-day moving average (MA) of 9.00, below the 50-day MA of 9.37, and above the 200-day MA of 8.61, indicating a neutral trend. The MACD of -0.19 indicates Negative momentum. The RSI at 44.67 is Neutral, neither overbought nor oversold. The STOCH value of 66.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0101.
Hang Lung Properties Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$67.65B | -17.53 | -2.32% | 5.04% | -3.87% | -124.27% | |
69 Neutral | HK$7.34B | 10.35 | 3.35% | 5.29% | -2.09% | -28.30% | |
69 Neutral | HK$13.23B | 10.01 | 23.68% | 3.82% | ― | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | HK$44.80B | 23.45 | 1.35% | 5.92% | -9.76% | -28.29% | |
61 Neutral | HK$18.92B | 23.11 | 1.20% | 5.77% | 2.60% | 50.07% | |
46 Neutral | HK$10.42B | -1.13 | -9.42% | ― | -25.49% | -19.64% |
* Real Estate Sector Average
HK:0101
Hang Lung Properties
8.86
3.35
60.89%
HK:2669
China Overseas Property Holdings
4.03
-0.68
-14.40%
HK:0014
Hysan Development Co
18.42
7.18
63.81%
HK:0071
Miramar Hotel & Investment Co
10.63
2.48
30.43%
HK:1997
Wharf Real Estate Investment Co
22.28
5.89
35.90%
HK:1528
Red Star Macalline Group Corporation Ltd Class H
1.25
0.07
5.93%
Hang Lung Properties Corporate Events
Hang Lung Properties Sets 2026 AGM to Approve Dividend, Board Mandates and Capital Powers
Mar 26, 2026
Hang Lung Properties has called its annual general meeting for April 30, 2026 in Hong Kong, where shareholders will review the 2025 audited financial statements, vote on a final dividend, re-elect retiring directors with authority for the board to...
Hang Lung Properties Announces HK$0.40 Final Dividend with Scrip Option for 2025
Jan 30, 2026
Hang Lung Properties has declared a final ordinary dividend of HK$0.40 per share for the financial year ended 31 December 2025, with shareholders given the option to receive the payout either in cash or in scrip shares. Subject to shareholder appr...
Hang Lung Properties Releases 2025 Annual Results
Jan 30, 2026
Hang Lung Properties Limited has released its 2025 annual results, accompanied by financial highlights, a review of operations, consolidated financial statements, and additional notes and information. The publication of these results provides inve...
Hang Lung Properties Sets Board Meeting to Approve 2025 Results and Consider Final Dividend
Jan 2, 2026
Hang Lung Properties has scheduled a board meeting for January 30, 2026 to review and approve the annual results for the financial year ended December 31, 2025, covering the performance of the company and its subsidiaries. At the same meeting, the...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.