Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 760.43M | 1.01B | 1.09B | 1.05B | 1.11B | 1.28B |
Gross Profit | 410.40M | 526.86M | 581.35M | 556.22M | 593.10M | 637.97M |
EBITDA | 323.43M | -188.00M | 520.46M | 370.09M | 466.59M | 494.06M |
Net Income | -123.64M | -675.31M | 4.57M | 153.42M | 91.69M | 121.52M |
Balance Sheet | ||||||
Total Assets | 19.96B | 18.93B | 19.40B | 20.17B | 20.54B | 20.39B |
Cash, Cash Equivalents and Short-Term Investments | 1.26B | 799.12M | 1.30B | 1.76B | 1.88B | 1.91B |
Total Debt | 6.56B | 6.34B | 6.55B | 6.15B | 5.57B | 5.73B |
Total Liabilities | 8.18B | 8.05B | 8.07B | 8.29B | 8.03B | 8.18B |
Stockholders Equity | 11.46B | 10.53B | 11.06B | 11.66B | 12.26B | 11.98B |
Cash Flow | ||||||
Free Cash Flow | 6.07M | 455.53M | 81.45M | 162.37M | 395.10M | 233.06M |
Operating Cash Flow | 12.93M | 457.15M | 86.99M | 163.64M | 397.27M | 253.97M |
Investing Cash Flow | -298.76M | -85.00M | -545.66M | -538.23M | -43.80M | -39.59M |
Financing Cash Flow | -323.07M | -611.83M | 36.71M | 349.27M | -485.55M | -568.91M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
54 Neutral | HK$763.66M | ― | -6.26% | 2.83% | -5.90% | -14746.88% | |
53 Neutral | $1.24B | 3.03 | -6.08% | 5.65% | -8.21% | -81.31% | |
― | HK$522.19M | ― | -94.81% | ― | ― | ― | |
61 Neutral | HK$863.17M | 10.70 | 1.50% | ― | 10.78% | -12.42% | |
51 Neutral | HK$1.07B | 23.91 | 0.97% | 5.29% | 2.19% | -70.51% | |
45 Neutral | HK$761.68M | ― | -12.55% | ― | -25.51% | -158.20% | |
38 Underperform | HK$460.80M | ― | ― | -62.71% | -16.95% |
Hon Kwok Land Investment Co., Ltd. has announced the closure of its register of members in preparation for its annual general meeting scheduled for August 29, 2025. During this period, no share transfers will be registered, and shareholders on record by the meeting date will be eligible to attend and vote. Additionally, the company has proposed a final dividend of 3 Hong Kong cents per ordinary share for the year ending March 31, 2025, contingent upon shareholder approval at the meeting. The register of members will also be closed from September 5 to September 8, 2025, to determine eligibility for the dividend, with the last trading day for cum entitlements being September 2, 2025.
Hon Kwok Land Investment Co., Ltd. announced the retirement of Mr. David Tak-Wai Ma as an independent non-executive director, effective after the annual general meeting on August 29, 2025. Mr. Ma, who also served as the Chairman of the Remuneration Committee and a member of both the Audit and Nomination Committees, is stepping down to focus on personal commitments. The company is actively seeking a suitable replacement to comply with Hong Kong Stock Exchange listing rules, ensuring the necessary composition of its committees. This transition is not expected to affect the company’s operations significantly, as Mr. Ma has no disagreements with the board, and the company is committed to maintaining compliance and continuity.
Hon Kwok Land Investment Co., Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for August 29, 2025. Key agenda items include the consideration of audited financial statements, declaration of a final dividend, re-election of directors, and re-appointment of auditors. Additionally, the company seeks shareholder approval to authorize directors to issue additional shares and securities, enhancing its capital flexibility. This move could potentially impact the company’s market positioning by providing it with the means to raise capital for future growth and investment opportunities.
Hon Kwok Land Investment Co., Ltd. announced the re-designation of Mr. Philip Bing-Lun Lam from Executive Director to Non-Executive Director, effective July 1, 2025. Mr. Lam, who joined the company in 2019 and has extensive experience in finance and governance, will transition to a mentor and advisor role, providing guidance to the board. This change reflects the company’s strategic decision to leverage Mr. Lam’s expertise in a non-executive capacity, potentially impacting its governance structure and advisory processes.
Hon Kwok Land Investment Co., Ltd. has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The announcement details the roles and functions of each board member, as well as their membership in the company’s audit, remuneration, and nomination committees. This update provides stakeholders with clarity on the governance structure of the company, which is crucial for ensuring effective oversight and strategic direction.
Hon Kwok Land Investment Co., Ltd. reported a 7% decrease in revenue for the fiscal year ending March 2025, primarily due to delays in project sales and hotel reopenings, as well as ongoing challenges in the Chinese property market. The company faced significant fair value losses on investment properties, resulting in a net loss of HK$675.3 million, compared to a profit in the previous year. The real estate market in Hong Kong and China remained difficult, impacted by high interest rates, economic restructuring, and trade tensions, despite government measures to stabilize the market.
Hon Kwok Land Investment Company, Limited announced a final cash dividend of HKD 0.03 per share for the financial year ending March 31, 2025. The dividend will be paid on October 6, 2025, following shareholder approval on August 29, 2025. This announcement reflects the company’s financial health and commitment to returning value to its shareholders.
Hon Kwok Land Investment Co., Ltd. has announced a proposal to adopt new articles of association to align with the updated Companies Ordinance and the latest Listing Rules. This move aims to incorporate a treasury share regime and promote paperless corporate communications, subject to shareholder approval at the upcoming annual general meeting.
Hon Kwok Land Investment Co., Ltd. has announced a board meeting scheduled for June 26, 2025, to discuss and approve the company’s final results for the fiscal year ending March 31, 2025. The meeting will also consider the payment of a final dividend, indicating potential financial distributions to shareholders, which could influence investor sentiment and market positioning.
Hon Kwok Land Investment Co., Ltd. has issued a profit warning, indicating a significant expected net loss for the year ending March 31, 2025, due to a substantial revaluation loss of investment properties and deferred revenue recognition from a residential project in Guangzhou. Despite these challenges, the company’s overall financial position remains stable, with a slight increase in the gearing ratio, and the anticipated losses are non-cash and will not impact cash flow.
Hon Kwok Land Investment Co., Ltd. has announced a change in its share registrar, effective from May 16, 2025. The new registrar will be Tricor Investor Services Limited, and all applications for registration of share transfers should be directed to them from this date onwards. This change is part of the company’s operational updates and may impact shareholders who need to collect share certificates after the specified date.