Tern Properties Co. Ltd. (HK:0277)
:0277
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Tern Properties Co. Ltd.
(0277)
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Rating:42Neutral
Price Target:
HK$1.50
▲(2.04% Upside)
Action:ReiteratedDate:10/23/25
Tern Properties Co. Ltd. is facing significant financial and operational challenges, with ongoing losses and declining cash flows. The technical indicators suggest a bearish trend, and the valuation is unattractive due to negative earnings. The strong balance sheet provides some stability, but strategic improvements are necessary to enhance profitability and investor confidence.
Positive Factors
Low leverage / strong balance sheet
A low debt-to-equity ratio and strong equity position give Tern durable financial flexibility. Over 2-6 months this supports funding operations, negotiating with creditors, and pursuing restructuring or opportunistic investments without immediate refinancing pressure, reducing solvency risk.
Negative Factors
Sustained negative net margins
Persistent negative net margins reflect structural profitability issues, eroding retained earnings and investor confidence. Over months this limits reinvestment capacity, increases reliance on equity or asset dispositions for funding, and raises execution risk for any turnaround plan.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
A low debt-to-equity ratio and strong equity position give Tern durable financial flexibility. Over 2-6 months this supports funding operations, negotiating with creditors, and pursuing restructuring or opportunistic investments without immediate refinancing pressure, reducing solvency risk.
Read all positive factors
Tern Properties Co. Ltd. (0277) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$429.71M
Dividend Yield1.15%
Average Volume (3M)1.47K
Price to Earnings (P/E)6.7
Beta (1Y)0.08
Revenue Growth-8.55%
EPS GrowthN/A
CountryHK
Employees17
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)0.05
Shares Outstanding277,232,900
10 Day Avg. Volume0
30 Day Avg. Volume1,466
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.20
Price to Sales (P/S)9.90
P/FCF Ratio69.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tern Properties Co. Ltd. Business Overview & Revenue Model
Company Description
Tern Properties Company Limited, an investment holding company, engages in property investment and treasury investment businesses primarily in Hong Kong. The company owns commercial, office, and residential properties. It also invests in debt and ...
How the Company Makes Money
null...
Tern Properties Co. Ltd. Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.85M | 50.40M | 56.03M | 51.88M | 57.13M | 64.49M |
| Gross Profit | 54.49M | 45.16M | 51.11M | 49.62M | 55.28M | 63.01M |
| EBITDA | 29.46M | -46.79M | -3.00M | -68.30M | -45.49M | -120.05M |
| Net Income | 15.91M | -54.46M | -9.80M | -75.20M | -55.08M | -134.23M |
Balance Sheet | ||||||
| Total Assets | 2.65B | 2.63B | 2.68B | 2.75B | 2.84B | 3.19B |
| Cash, Cash Equivalents and Short-Term Investments | 401.88M | 375.37M | 331.83M | 202.20M | 169.12M | 158.25M |
| Total Debt | 40.37M | 42.18M | 45.54M | 47.68M | 51.00M | 244.83M |
| Total Liabilities | 109.86M | 105.05M | 108.09M | 109.31M | 109.58M | 307.95M |
| Stockholders Equity | 2.54B | 2.52B | 2.58B | 2.64B | 2.73B | 2.88B |
Cash Flow | ||||||
| Free Cash Flow | 14.97M | 7.17M | 14.62M | 21.20M | 17.65M | 32.71M |
| Operating Cash Flow | 14.97M | 7.17M | 15.63M | 21.20M | 17.65M | 32.71M |
| Investing Cash Flow | -60.73M | -34.55M | 20.80M | 42.97M | 182.66M | 184.34M |
| Financing Cash Flow | -8.34M | -9.55M | -8.93M | -10.18M | -204.27M | -80.61M |
Tern Properties Co. Ltd. Technical Analysis
Neutral
1.47
Price Trends
1.54
Positive
1.50
Positive
1.57
Negative
Market Momentum
>-0.01
Positive
47.83
Neutral
84.62
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0277, the sentiment is Neutral. The current price of 1.47 is below the 20-day moving average (MA) of 1.55, below the 50-day MA of 1.54, and below the 200-day MA of 1.57, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.83 is Neutral, neither overbought nor oversold. The STOCH value of 84.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0277.
Tern Properties Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | HK$570.82M | 3.36 | 0.39% | ― | -5.91% | -94.58% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
54 Neutral | HK$632.87M | -2.46 | -3.21% | 3.60% | -4.31% | 19.29% | |
52 Neutral | HK$258.39M | -2.67 | -4.29% | ― | 1303.01% | -45.00% | |
42 Neutral | HK$429.71M | 6.69 | 0.63% | 1.15% | -8.55% | ― | |
41 Neutral | HK$890.29M | -2.92 | -4.49% | ― | -49.07% | 94.90% |
* Real Estate Sector Average
HK:0277
Tern Properties Co. Ltd.
1.55
-0.23
-12.92%
HK:0089
Tai Sang Land Development Limited
2.20
0.65
41.94%
HK:0021
Great China Holdings (Hong Kong) Limited
0.07
-0.04
-36.89%
HK:0606
SCE Intelligent Commercial Management Holdings Limited
0.30
0.04
18.00%
HK:0727
Crown International Corporation Limited
0.70
0.17
31.58%
Tern Properties Co. Ltd. Corporate Events
Tern Properties Reshapes Board and Committee Line-Up
Feb 26, 2026
Tern Properties Company Limited has announced an updated composition of its board of directors, effective 26 February 2026, confirming a structure that includes executive and independent non-executive directors. The board is jointly led by Co-Mana...
Tern Properties Names Former Financial Controller as Independent Non-Executive Director
Feb 26, 2026
Tern Properties Company Limited has strengthened its board structure by appointing experienced financial executive Mr. Lee Siu Kau as an independent non-executive director, effective 26 February 2026. Lee, a qualified accountant with multinational...
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.