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0978 Stock Chart & Stats
HK$0.26
>-HK$0.01(-1.92%)
At close: 4:00 PM EST
HK$0.26
>-HK$0.01(-1.92%)
Day’s Range― - ―
52-Week RangeHK$0.23 - HK$0.33
Previous CloseN/A
Volume102.00K
Average Volume (3M)1.03M
Market Cap
HK$1.16B
Enterprise ValueHK$21.65B
Total Cash (Recent Filing)HK$11.13B
Total Debt (Recent Filing)HK$31.70B
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Aug 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.36%
Share Statistics
EPS (TTM)-0.45
Shares Outstanding4,905,258,000
10 Day Avg. Volume702,400
30 Day Avg. Volume1,026,006
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)0.21
Price to Sales (P/S)0.05
P/FCF Ratio-0.46
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
Bulls Say, Bears Say
Bulls Say
Revenue ReboundA 25.9% revenue rebound in 2025 signals meaningful recovery in sales and project deliveries. For a developer, sustained top-line growth provides the scale to improve cash conversion and supports the potential for margin recovery and deleveraging if execution and pricing stabilize over coming quarters.
Large Asset BaseA large asset base gives the company collateral and optionality to monetize holdings, reconfigure its portfolio, or secure refinancing. For a heavily leveraged developer, sizeable assets provide structural flexibility to pursue asset disposals, sale-and-leaseback, or conversion to investment properties to shore up liquidity.
Diversified Revenue StreamsHaving development, rental/investment-property income, and property-management fees creates multiple cash channels. Recurring rental and management revenues can smooth cash flow volatility across cycles, supporting more stable cash generation while development revenues recover or are timed across projects.
Bears Say
Elevated LeverageDebt-to-equity near 5.5x and rising materially since 2020 shows heavy financial leverage. High obligations constrain strategic flexibility, increase refinancing and interest-rate risk, and amplify earnings swings; this structural leverage pressure heightens default or distress risk absent consistent cash generation.
Margin Deterioration & LossesSharp gross-margin compression and consecutive net losses indicate structural margin pressure—likely from pricing, cost inflation, or product-mix shifts. Sustained low margins erode equity and make it difficult for the developer to convert revenue into durable profits without significant cost or pricing improvements.
Volatile, Negative Cash FlowOperating cash flow moved from a strong inflow in 2024 to a sizable outflow in 2025, and free cash flow turned negative. This volatility increases dependence on external funding, raises liquidity and execution risk, and limits the company's ability to reduce leverage or invest without access to capital markets.
China Merchants Land Limited News
0978 FAQ
What was China Merchants Land Limited’s price range in the past 12 months?
China Merchants Land Limited lowest stock price was HK$0.23 and its highest was HK$0.33 in the past 12 months.
What is China Merchants Land Limited’s market cap?
China Merchants Land Limited’s market cap is HK$1.16B.
When is China Merchants Land Limited’s upcoming earnings report date?
China Merchants Land Limited’s upcoming earnings report date is Aug 13, 2026 which is in 20 days.
How were China Merchants Land Limited’s earnings last quarter?
China Merchants Land Limited released its earnings results on Mar 12, 2026. The company reported -HK$0.44 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.44.
Is China Merchants Land Limited overvalued?
According to Wall Street analysts China Merchants Land Limited’s price is currently Overvalued.
Does China Merchants Land Limited pay dividends?
China Merchants Land Limited pays a Annually dividend of HK$0.012 which represents an annual dividend yield of 4.36%. See more information on China Merchants Land Limited dividends here
What is China Merchants Land Limited’s EPS estimate?
China Merchants Land Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does China Merchants Land Limited have?
China Merchants Land Limited has 4,905,258,000 shares outstanding.
What happened to China Merchants Land Limited’s price movement after its last earnings report?
China Merchants Land Limited reported an EPS of -HK$0.44 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of China Merchants Land Limited?
Currently, no hedge funds are holding shares in HK:0978
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
China Merchants Land Limited
China Merchants Land Ltd. is an investment holding company, which engages in the development, selling, leasing, investment and management of properties. It operates through the following segments: Properties and Asset Management. The Properties segment involves in the development and sale of properties and property leasing. The Asset Management segment includes asset management for office premises and shopping malls. The company was founded on April 24, 1997 and is headquartered in Hong Kong.
Technical Analysis
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