China Merchants Land Limited (HK:0978)
:0978
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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$0.21 - HK$0.33
Previous CloseN/A
Volume102.00K
Average Volume (3M)1.03M
Market Cap
HK$1.28B
Enterprise ValueHK$21.74B
Total Cash (Recent Filing)HK$11.13B
Total Debt (Recent Filing)HK$31.70B
Price to Earnings (P/E)―
Beta1.50
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-0.44
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 indicates the company can convert projects to sales and restore top-line momentum. Over 2–6 months this supports cash inflows from completed projects, demonstrates ongoing demand for its inventory, and provides a base to stabilize operations if margins and execution improve.
Recurring Income StreamsRental income and property-management fees create recurring cash flows that reduce reliance on one-time development sales. These structural, higher-visibility revenues can smooth volatility across cycles and support liquidity and valuation resilience as development cash flows fluctuate over the medium term.
Large Asset BaseA large asset base provides tangible collateral and optionality: the company can prioritize monetizing or refinancing specific assets, pursue joint ventures, or restructure project sales. This structural asset depth offers avenues to manage liquidity or deleverage if execution and market conditions permit.
Bears Say
Very High LeverageDebt-to-equity near 5.5x materially elevates refinancing, interest-rate and covenant risk. High leverage reduces financial flexibility, increases probability of forced asset disposals or expensive funding, and constrains capital for new projects—structural risks that persist across quarters absent clear deleveraging.
Profitability DeteriorationSharp margin compression and sustained net losses indicate structural margin pressure from cost, pricing, or product-mix issues. For a developer, weak gross margins undermine ability to generate returns on projects and rebuild equity, making it harder to fund future development or service debt over the medium term.
Volatile, Negative Cash FlowLarge swings in operating cash flow and recent negative free cash flow increase reliance on external financing and heighten execution risk. Irregular cash generation complicates working-capital management and can force distress asset sales or costly borrowing, threatening project continuity across months.
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$0.21 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$1.28B.
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 62 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 Limited functions as an investment holding firm primarily focused on the real estate industry. Its business encompasses the acquisition, development, oversight, leasing, and divestment of various properties. The company's operations are divided into two main segments: Properties and Asset Management. Its extensive property catalog includes individual residential units and integrated residential and commercial developments, featuring apartments, villas, office spaces, and retail outlets. Furthermore, China Merchants Land provides comprehensive asset management services for commercial buildings and shopping centers. As of December 31, 2021, the company oversaw 50 property development projects situated in prominent Chinese cities such as Guangzhou, Foshan, Chongqing, Xi'an, Nanjing, and Jurong. At that same date, it held a substantial land reserve measuring approximately 5,406,063 square meters. Founded in 1997, the company was initially known as Tonic Industries Holdings Limited. It is headquartered in Central, Hong Kong, and is a subsidiary of Success Well Investments Limited.
Technical Analysis
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Options Prices
Currently, No data available
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