Guangdong Land Holdings Limited (0124) AI Stock Analysis

• Market Cap: HK$393.65M
• Dividend Yield: N/A
• Average Volume (3M): 1.82M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.93
• Revenue Growth: 69.55%
• EPS Growth: 64.09%
• Country: HK
• Employees: 376
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): N/A
• Shares Outstanding: 1,711,536,900
• 10 Day Avg. Volume: 1,623,344
• 30 Day Avg. Volume: 1,820,628
• PEG Ratio: <0.01
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 0.08
• P/FCF Ratio: 0.27
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: HK$0.22 ▼(-5.65% Downside)

The overall stock score is heavily influenced by significant financial challenges, including negative profitability and cash flow issues. Technical indicators suggest weak market momentum, and the valuation is unattractive due to a negative P/E ratio and lack of dividends. These factors collectively contribute to a low overall score.

Positive Factors

Diversified property business lines

Operating across development, investment (holding/leasing) and property management creates multiple revenue streams and cross-selling opportunities. This structural diversity can smooth cash flows across real estate cycles and supports long-term resilience versus single-line peers.

Strong recent revenue growth

Material revenue growth indicates the company can scale sales or dispose/recognize assets despite headwinds. Sustained top-line expansion provides a platform to improve margins and leverage operating fixed costs, helping long-term recovery if cost control follows revenue gains.

Hong Kong listing provides capital market access

Being listed on HKEX grants ongoing access to regional capital markets and investor visibility, facilitating equity or bond raises when needed. This structural access can improve financing options and credibility for large project funding over the medium term.

Negative Factors

Negative operating and free cash flow

Persistent negative operating and free cash flow signals chronic liquidity strain and inability to internally fund operations or capex. In real estate, this raises refinancing and completion risk for projects and makes the firm reliant on external capital under adverse conditions.

High and rising leverage

An increasing debt-to-equity ratio and reduced shareholders' equity materially heighten financial risk. Elevated leverage raises interest burden, reduces flexibility to pursue projects, and increases chance of covenant breaches, especially in cyclical property downturns.

Negative profitability and margins

Negative gross and operating margins indicate structural issues in pricing, costs, or project economics. Sustained unprofitability erodes equity, undermines reinvestment capacity and shareholder returns, and necessitates operational restructuring or asset sales to restore viability.

Guangdong Land Holdings Limited Business Overview & Revenue Model

Company Description

Guangdong Land Holdings Limited, an investment holding company, engages in property development and investment businesses primarily in Mainland China. The company was formerly known as Kingway Brewery Holdings Limited and changed its name to Guangdong Land Holdings Limited in September 2013. The company was incorporated in 1997 and is headquartered in Central, Hong Kong. Guangdong Land Holdings Ltd. is a subsidiary of Guangdong Investment Limited.

How the Company Makes Money

Guangdong Land Holdings generates revenue through several key streams, primarily from property sales and leasing. The company profits from the sale of residential and commercial properties developed under its brand. Additionally, it earns recurring income from leasing properties to commercial tenants, which provides a stable cash flow. The company also engages in joint ventures and partnerships with other developers and local government entities, allowing it to mitigate risks and share resources in large-scale projects. Furthermore, Guangdong Land Holdings may benefit from favorable government policies and incentives aimed at promoting real estate development in key urban areas, which can enhance its profitability.

Guangdong Land Holdings Limited Financial Statement Overview

Summary

Guangdong Land Holdings Limited faces significant financial challenges. The income statement shows declining profitability and efficiency, with negative profit margins. The balance sheet indicates high leverage and reduced equity, while cash flows are negative, raising concerns about liquidity and operational sustainability.

Income Statement

The income statement reveals persistent challenges in profitability and revenue growth. The net profit margin has declined significantly from positive figures in 2020 to negative in recent years, indicating operational inefficiencies. In the latest year, revenue growth was positive, but the gross profit margin turned negative, highlighting cost pressures. EBIT and EBITDA margins are also negative, reflecting ongoing financial struggles.

Balance Sheet

The balance sheet shows high leverage with a debt-to-equity ratio that has increased over time, indicating greater financial risk. Stockholders' equity has decreased, impacting the equity ratio negatively. The return on equity has turned negative, pointing to challenges in generating returns for shareholders.

Cash Flow

Cash flow analysis reveals significant issues, with both operating and free cash flows being negative in recent years. This indicates potential liquidity constraints. The lack of positive cash flow growth and negative operating to net income ratio suggests the company struggles to convert its earnings into cash efficiently.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.71B	6.76B	3.88B	1.38B	6.02B	4.00B
Gross Profit	895.19M	-283.41M	371.35M	549.55M	3.48B	1.23B
EBITDA	1.56B	344.04M	-2.16B	886.25M	2.64B	2.86B
Net Income	-883.90M	-1.38B	-2.44B	392.69M	1.40B	1.68B
Balance Sheet
Total Assets	36.28B	40.56B	48.93B	48.92B	46.31B	20.86B
Cash, Cash Equivalents and Short-Term Investments	2.83B	1.32B	4.08B	2.66B	3.03B	2.65B
Total Debt	18.86B	20.45B	23.88B	26.42B	19.67B	7.77B
Total Liabilities	31.63B	36.21B	42.50B	40.30B	36.99B	13.91B
Stockholders Equity	3.90B	3.56B	5.04B	7.79B	8.49B	6.84B
Cash Flow
Free Cash Flow	2.44B	1.93B	3.57B	-6.54B	-9.36B	-2.30B
Operating Cash Flow	2.44B	1.94B	3.61B	-6.51B	-9.34B	-2.26B
Investing Cash Flow	-4.24M	-6.04M	-489.18M	-1.48B	-1.52B	-759.43M
Financing Cash Flow	-2.20B	-4.64B	-1.62B	8.44B	10.94B	4.28B

Guangdong Land Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0124, the sentiment is Negative. The current price of 0.23 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.24, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.10 is Neutral, neither overbought nor oversold. The STOCH value of 62.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0124.

Guangdong Land Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0216	53 Neutral	HK$347.36M	-0.48	-9.81%	―	48.60%	-441.98%
0618	50 Neutral	HK$602.23M	0.68	260.87%	―	82.96%	―
2772	42 Neutral	HK$289.02M	-0.16	-34.31%	―	-63.41%	77.97%
2231	40 Underperform	HK$123.46M	-0.51	―	―	-37.97%	87.04%
0124	39 Underperform	HK$393.65M	-0.45	-21.15%	―	69.55%	64.09%
3301	39 Underperform	HK$244.10M	-0.02	―	―	-60.50%	-103.48%

Guangdong Land Holdings Limited Corporate Events

Guangdong Land Holdings Renews 2026 Electricity Agreements

Guangdong Land Holdings Limited has announced the renewal of its electricity purchasing agreements for 2026 with GDH Energy Service. The agreements involve Yuehai Technology, Jiangmen Yuehai Land, and GDL Zhongshan, subsidiaries of Guangdong Land Holdings, continuing to purchase electricity through the Guangdong Power Grid. These transactions are considered continuing connected transactions under the Hong Kong Stock Exchange’s Listing Rules, requiring annual review and announcements but exempt from independent shareholders’ approval due to the applicable percentage ratios.

The most recent analyst rating on (HK:0124) stock is a Sell with a HK$0.24 price target. To see the full list of analyst forecasts on Guangdong Land Holdings Limited stock, see the HK:0124 Stock Forecast page.

Guangdong Land Holdings Announces Board Changes

Guangdong Land Holdings Limited has announced a change in its board of directors, with Ms. WANG Surong resigning as a Non-Executive Director and a member of the Nomination Committee, effective December 8, 2025. She is succeeded by Ms. ZHANG Xiaoli, who brings extensive experience from her roles in Guangdong Youth Federation and Guangdong Holdings Limited. This transition is expected to maintain the company’s strategic direction and governance stability, with Ms. Zhang’s appointment potentially enhancing the company’s leadership and operational insights.

The most recent analyst rating on (HK:0124) stock is a Sell with a HK$0.24 price target. To see the full list of analyst forecasts on Guangdong Land Holdings Limited stock, see the HK:0124 Stock Forecast page.

Guangdong Land Holdings Announces New Board Composition

Guangdong Land Holdings Limited has announced a new composition of its board of directors and board committees, effective from December 8, 2025. The board includes executive directors Mr. Zhong Yubin as Chairman and Mr. Wang Jian as Managing Director, along with non-executive and independent non-executive directors. The announcement outlines the roles within the audit, remuneration, and nomination committees, which may influence the company’s governance and strategic direction.

The most recent analyst rating on (HK:0124) stock is a Sell with a HK$0.24 price target. To see the full list of analyst forecasts on Guangdong Land Holdings Limited stock, see the HK:0124 Stock Forecast page.

Guangdong Land Holdings Limited Relocates Hong Kong Office

Guangdong Land Holdings Limited, a company incorporated in Bermuda, has announced a change in its principal place of business in Hong Kong. Effective from December 1, 2025, the company will relocate to Office B, 26th Floor, Guangdong Investment Tower, 148 Connaught Road Central, Hong Kong. This move may signal strategic positioning or operational adjustments within the Hong Kong market.

The most recent analyst rating on (HK:0124) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Guangdong Land Holdings Limited stock, see the HK:0124 Stock Forecast page.