Stock 16 SUN HUNG KAI PROPERTIES LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Sun Hung Kai Properties Limited

Equities

16

HK0016000132

Real Estate Development & Operations

Market Closed - Hong Kong S.E.
Other stock markets
 04:09:05 2024-06-07 am EDT 		5-day change 1st Jan Change
73.6 HKD -1.87% Intraday chart for Sun Hung Kai Properties Limited -2.26% -12.85%
Jun. 03 Talent Property Group Unit Accepts Cut-Down Proportional Dividend, Shares Down 6% MT
May. 22 Sun Hung Kai Properties Lends HK$23 Billion Through Credit Facility MT

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 383,934 286,735 335,273 268,624 286,011 201,474 - -
Enterprise Value (EV) 1 456,902 367,636 430,315 373,232 395,784 319,992 318,330 314,886
P/E ratio 8.55 x 12.2 x 12.6 x 10.5 x 12 x 9.16 x 8.5 x 7.57 x
Yield 3.74% 5% 4.28% 5.34% 5.02% 5.38% 5.57% 6.19%
Capitalization / Revenue 4.5 x 3.47 x 3.93 x 3.46 x 4.02 x 2.62 x 2.37 x 2.21 x
EV / Revenue 5.36 x 4.45 x 5.05 x 4.8 x 5.56 x 4.16 x 3.75 x 3.46 x
EV / EBITDA 11.4 x 9.47 x 10.6 x 10.1 x 12.7 x 9.86 x 9.18 x 8.55 x
EV / FCF 63.5 x -263 x 79.2 x 135 x 37.5 x 14.9 x 13.9 x 13.1 x
FCF Yield 1.57% -0.38% 1.26% 0.74% 2.66% 6.71% 7.19% 7.66%
Price to Book 0.68 x 0.5 x 0.56 x 0.45 x 0.47 x 0.35 x 0.34 x 0.33 x
Nbr of stocks (in thousands) 2,897,616 2,897,780 2,897,780 2,897,780 2,897,780 2,737,417 - -
Reference price 2 132.5 98.95 115.7 92.70 98.70 73.60 73.60 73.60
Announcement Date 9/12/19 9/10/20 9/9/21 9/8/22 9/7/23 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 85,302 82,653 85,262 77,747 71,195 76,878 84,973 91,040
EBITDA 1 40,019 38,836 40,726 36,981 31,169 32,457 34,680 36,838
EBIT 1 37,858 35,455 37,245 33,362 27,545 28,292 30,706 33,061
Operating Margin 44.38% 42.9% 43.68% 42.91% 38.69% 36.8% 36.14% 36.32%
Earnings before Tax (EBT) 1 54,483 30,511 36,676 31,786 28,522 29,362 31,331 35,267
Net income 1 44,912 23,521 26,686 25,560 23,907 23,288 25,044 28,204
Net margin 52.65% 28.46% 31.3% 32.88% 33.58% 30.29% 29.47% 30.98%
EPS 2 15.50 8.120 9.210 8.820 8.250 8.038 8.658 9.718
Free Cash Flow 1 7,195 -1,396 5,433 2,773 10,543 21,465 22,904 24,112
FCF margin 8.43% -1.69% 6.37% 3.57% 14.81% 27.92% 26.95% 26.48%
FCF Conversion (EBITDA) 17.98% - 13.34% 7.5% 33.83% 66.13% 66.04% 65.45%
FCF Conversion (Net income) 16.02% - 20.36% 10.85% 44.1% 92.17% 91.45% 85.49%
Dividend per Share 2 4.950 4.950 4.950 4.950 4.950 3.962 4.103 4.555
Announcement Date 9/12/19 9/10/20 9/9/21 9/8/22 9/7/23 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 38,711 43,942 46,070 39,192 40,153 37,594 27,428 43,767 27,542 50,408
EBITDA - - - - - - - - - -
EBIT 1 - - - 16,222 16,907 16,455 10,859 16,686 10,953 16,277
Operating Margin - - - 41.39% 42.11% 43.77% 39.59% 38.12% 39.77% 32.29%
Earnings before Tax (EBT) - - - - - - - - 10,958 -
Net income - - - - - - - - 9,145 -
Net margin - - - - - - - - 33.2% -
EPS 2 4.630 3.490 4.690 4.520 5.240 3.580 2.900 8.350 3.160 4.520
Dividend per Share 2 - - - - - - 1.250 - 0.9500 2.850
Announcement Date 2/27/20 9/10/20 2/25/21 9/9/21 2/24/22 9/8/22 2/23/23 9/7/23 2/28/24 -
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 72,968 80,901 95,042 104,608 109,773 118,518 116,856 113,412
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.823 x 2.083 x 2.334 x 2.829 x 3.522 x 3.652 x 3.37 x 3.079 x
Free Cash Flow 1 7,195 -1,396 5,433 2,773 10,543 21,465 22,904 24,112
ROE (net income / shareholders' equity) 5.86% 5.16% 5.13% 4.81% 3.97% 3.83% 4.05% 4.35%
ROA (Net income/ Total Assets) 4.42% 3.79% 3.75% 3.58% 2.96% 2.91% 3% 3.25%
Assets 1 1,016,569 620,296 712,082 713,528 806,851 800,427 834,576 867,319
Book Value Per Share 2 195.0 197.0 205.0 208.0 208.0 212.0 217.0 222.0
Cash Flow per Share 2 6.820 16.50 5.400 5.310 9.030 8.270 10.80 12.40
Capex 1 12,560 49,264 10,223 12,619 15,634 15,956 15,336 15,228
Capex / Sales 14.72% 59.6% 11.99% 16.23% 21.96% 20.76% 18.05% 16.73%
Announcement Date 9/12/19 9/10/20 9/9/21 9/8/22 9/7/23 - - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Sun Hung Kai Properties Limited

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
73.6 HKD
Average target price
90.91 HKD
Spread / Average Target
+23.52%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

1st Jan change Capi.
SUN HUNG KAI PROPERTIES LIMITED Stock Sun Hung Kai Properties Limited
-12.85% 25.79B
MITSUI FUDOSAN CO., LTD. Stock Mitsui Fudosan Co., Ltd.
+30.61% 26.94B
CHINA RESOURCES LAND LIMITED Stock China Resources Land Limited
+3.93% 26.56B
DLF LIMITED Stock DLF Limited
+16.11% 25B
MITSUBISHI ESTATE CO., LTD. Stock Mitsubishi Estate Co., Ltd.
+35.64% 21.27B
CHINA OVERSEAS LAND & INVESTMENT LTD. Stock China Overseas Land & Investment Ltd.
+11.63% 21.52B
EMAAR PROPERTIES Stock Emaar Properties
-6.57% 17.81B
POLY DEVELOPMENTS AND HOLDINGS GROUP CO., LTD. Stock Poly Developments and Holdings Group Co., Ltd.
+5.25% 17.06B
MACROTECH DEVELOPERS LIMITED Stock Macrotech Developers Limited
+40.04% 17.07B
SUMITOMO REALTY & DEVELOPMENT CO., LTD. Stock Sumitomo Realty & Development Co., Ltd.
+16.81% 14.83B
Other Real Estate Development & Operations
  1. Stock Market
  2. Equities
  3. 16 Stock
  4. Financials Sun Hung Kai Properties Limited