Henderson Land (HLDCY) AI Stock Analysis

• Market Cap: $16.41B
• Dividend Yield: 9.87%
• Average Volume (3M): 28.18K
• Price to Earnings (P/E): 20.3
• Beta (1Y): 0.35
• Revenue Growth: -7.35%
• EPS Growth: -31.76%
• Country: US
• Employees: 9,970
• Sector: Real Estate
• Sector Strength: 70
• Industry: Real Estate - Diversified
• EPS (TTM): 0.09
• Shares Outstanding: 4,841,387,000
• 10 Day Avg. Volume: 4,877
• 30 Day Avg. Volume: 28,182
• PEG Ratio: -0.48
• Price to Book (P/B): 0.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.84
• 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

• Rating: 76 Outperform
• Price Target: $3.50 ▲(3.24%Upside)

The stock's strong technical indicators and high dividend yield support a favorable outlook. Financial performance is robust with strong cash flow, though revenue decline poses a risk.

Henderson Land Business Overview & Revenue Model

Company Description

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Other Businesses, and Utility and Energy segments. The Property Development segment develops and sells real estate properties. Its property portfolio primarily includes offices, shopping arcades, shopping malls, commercial complexes, and residential properties. The Property Leasing segment leases properties. The Department Stores and Supermarket-Cum-Stores Operations segment operates and manages department stores and supermarket-cum-stores. The Other Businesses segment operates and manages hotels; provides construction, finance, project management, property management, agency, and cleaning and security guard services; trades in building materials; and disposes leasehold land, as well as engages in the food and beverage and travel operations. The Utility and Energy segment is involved in production, distribution, and marketing gas; and water supply and environmentally friendly energy businesses. The company was incorporated in 1976 and is headquartered in Central, Hong Kong. Henderson Land Development Company Limited is a subsidiary of Henderson Development Limited.

How the Company Makes Money

Henderson Land generates revenue primarily through the sale and leasing of properties. The company's key revenue streams include the development and sale of residential properties, which are major contributors to its income. Additionally, Henderson Land earns significant income from its portfolio of investment properties, which include commercial and industrial spaces that are leased to tenants. The company also benefits from its stakes in utility and infrastructure investments, providing a steady flow of income. Partnerships with construction firms and other real estate developers also play a role in enhancing its project execution capabilities and financial performance.

Henderson Land Financial Statement Overview

Summary

Henderson Land shows a mixed financial performance with strong cash flow and low leverage, but revenue decline and modest ROE are concerns. The company maintains healthy profitability margins, though slightly reduced from previous years.

Income Statement

The income statement shows some negative trends with a decrease in total revenue from 2023 to 2024. Gross profit margin for 2024 is 36.01%, and net profit margin is 24.92%, indicating stable profitability, but both are lower compared to 2023. EBITDA margin is 43.24% for 2024, reflecting strong operational efficiency. Revenue has decreased by 8.41% from 2023, which is a concern. Overall, the company maintains good margins but faces challenges in revenue growth.

Balance Sheet

The balance sheet indicates a strong equity position with a debt-to-equity ratio of 0.26 for 2024, suggesting low leverage. Return on equity (ROE) is 1.95% for 2024, showing modest returns on shareholder investments. The equity ratio stands at 60.64%, reflecting financial stability. Overall, the company has a strong balance sheet with prudent debt management, but the ROE has declined compared to previous years.

Cash Flow

Cash flow analysis shows a positive trend with operating cash flow and free cash flow both at 15,297 million for 2024, demonstrating strong cash generation. The free cash flow has increased by 5.79% from 2023, indicating good cash management. The operating cash flow to net income ratio is 2.43, and the free cash flow to net income ratio is 2.43, both indicating efficient cash conversion. Overall, the company exhibits strong cash flow generation and growth.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
25.26B	27.57B	25.44B	23.89B	25.42B
	Gross Profit
9.09B	10.03B	10.26B	12.44B	15.71B
	EBIT
5.15B	6.21B	6.57B	9.30B	12.66B
	EBITDA
10.92B	12.83B	7.11B	9.80B	13.09B
	Net Income Common Stockholders
6.30B	9.26B	9.24B	13.20B	10.19B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
18.77B	22.11B	11.74B	11.34B	6.13B
	Total Assets
531.24B	542.55B	529.79B	550.30B	461.09B
	Total Debt
83.25B	161.69B	150.09B	159.48B	96.29B
	Net Debt
65.34B	140.07B	140.26B	150.99B	90.71B
	Total Liabilities
190.66B	198.45B	184.64B	198.13B	128.90B
	Stockholders Equity
322.15B	326.54B	327.95B	335.02B	327.61B
Cash Flow		Free Cash Flow
15.30B	14.46B	7.95B	-54.16B	4.51B
	Operating Cash Flow
15.30B	14.46B	11.13B	685.00M	7.07B
	Investing Cash Flow
-1.87B	16.00M	12.15B	-50.04B	-974.00M
	Financing Cash Flow
-21.20B	-5.42B	-21.30B	52.05B	-10.75B

Henderson Land Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.39
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HLDCY, the sentiment is Positive. The current price of 3.39 is above the 20-day moving average (MA) of 3.06, above the 50-day MA of 2.84, and above the 200-day MA of 2.89, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 82.58 is Negative, neither overbought nor oversold. The STOCH value of 99.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HLDCY.

Henderson Land Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HLDCY	76 Outperform	$16.41B	20.33	1.94%	9.87%	-7.35%	-31.76%
KIM	75 Outperform	$14.21B	27.45	5.19%	4.76%	12.55%	45.10%
AMH	71 Outperform	$13.52B	33.88	5.81%	3.29%	6.90%	9.99%
DOC	69 Neutral	$12.09B	42.87	3.26%	7.16%	23.65%	12.82%
WPC	68 Neutral	$13.95B	32.86	5.02%	5.59%	-5.89%	-26.36%
ELS	68 Neutral	$12.63B	33.74	22.87%	3.27%	0.69%	5.67%
Sector *	61 Neutral	$2.84B	10.85	0.42%	9.90%	5.94%	-21.26%