Stock HLDCY HENDERSON LAND DEVELOPMENT COMPANY LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Henderson Land Development Company Limited OTC Markets

Equities

HLDCY

US4251663039

Real Estate Development & Operations

Market Closed - OTC Markets
Other stock markets
 20:59:59 28/06/2024 BST 		5-day change 1st Jan Change
2.61 USD -0.38% Intraday chart for Henderson Land Development Company Limited -1.51% -16.61%
06-04 The Henderson Investment Limited and Henderson Land Development Company Limited Have Decided to Integrate Their Respective Membership Loyalty Programmes, CU APP and HCOINS CI
06-04 Henderson to Continue Land Development Despite Turnover of Some Lands to Government MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 185,183 146,452 160,734 131,928 116,435 101,427 - -
Enterprise Value (EV) 1 267,693 236,553 249,526 208,160 186,647 209,800 213,756 264,295
P/E ratio 10.9 x 14.3 x 12.2 x 14.3 x 12.6 x 9.54 x 9.29 x 8.25 x
Yield 4.71% 5.95% 5.42% 6.61% 7.48% 8.59% 8.59% 8.63%
Capitalization / Revenue 7.66 x 5.85 x 6.83 x 5.16 x 4.22 x 3.42 x 3.21 x 3.33 x
EV / Revenue 11.1 x 9.45 x 10.6 x 8.15 x 6.77 x 7.08 x 6.77 x 8.67 x
EV / EBITDA 24.2 x 18.8 x 20 x 26.9 x 22.1 x 23.3 x 23.3 x 26.8 x
EV / FCF 84.3 x 52.5 x -4.61 x 26.2 x 18.9 x 14.8 x 20 x 16.9 x
FCF Yield 1.19% 1.91% -21.7% 3.82% 5.3% 6.78% 5% 5.91%
Price to Book 0.58 x 0.45 x 0.48 x 0.4 x 0.36 x 0.3 x 0.3 x 0.3 x
Nbr of stocks (in thousands) 4,841,387 4,841,387 4,841,387 4,841,387 4,841,387 4,841,387 - -
Reference price 2 38.25 30.25 33.20 27.25 24.05 20.95 20.95 20.95
Announcement Date 23/03/20 23/03/21 22/03/22 21/03/23 21/03/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 24,184 25,020 23,527 25,551 27,570 29,618 31,554 30,472
EBITDA 1 11,078 12,599 12,495 7,747 8,446 8,992 9,165 9,848
EBIT 1 10,701 12,171 11,990 7,207 7,907 8,571 8,902 9,122
Operating Margin 44.25% 48.65% 50.96% 28.21% 28.68% 28.94% 28.21% 29.94%
Earnings before Tax (EBT) 1 19,086 12,714 15,378 10,780 10,444 12,491 12,419 12,342
Net income 1 16,994 10,192 13,195 9,239 9,261 11,325 11,369 12,465
Net margin 70.27% 40.74% 56.08% 36.16% 33.59% 38.24% 36.03% 40.91%
EPS 2 3.510 2.110 2.730 1.910 1.910 2.195 2.256 2.539
Free Cash Flow 1 3,175 4,510 -54,165 7,945 9,892 14,216 10,686 15,614
FCF margin 13.13% 18.03% -230.22% 31.09% 35.88% 48% 33.87% 51.24%
FCF Conversion (EBITDA) 28.66% 35.8% - 102.56% 117.12% 158.09% 116.6% 158.54%
FCF Conversion (Net income) 18.68% 44.25% - 85.99% 106.81% 125.54% 94% 125.26%
Dividend per Share 2 1.800 1.800 1.800 1.800 1.800 1.800 1.799 1.807
Announcement Date 23/03/20 23/03/21 22/03/22 21/03/23 21/03/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 16,055 10,943 14,077 8,792 14,735 9,506 16,045 10,278 17,292 13,259 17,683
EBITDA - - - - - - - - - - -
EBIT 1 - - - 5,793 6,197 3,442 3,765 4,568 3,339 4,475 6,130
Operating Margin - - - 65.89% 42.06% 36.21% 23.47% 44.44% 19.31% 33.75% 34.67%
Earnings before Tax (EBT) - - - - - - - - 4,205 - -
Net income - - - - - - - - 3,304 - -
Net margin - - - - - - - - 19.11% - -
EPS 2 1.960 0.5900 1.520 1.350 1.380 0.9900 0.9200 1.230 0.6800 1.260 1.440
Dividend per Share - - - - - - - - 1.300 - -
Announcement Date 23/03/20 20/08/20 23/03/21 23/08/21 22/03/22 23/08/22 21/03/23 22/08/23 21/03/24 - -
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 82,510 90,101 88,792 76,232 70,212 108,373 112,329 162,868
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 7.448 x 7.151 x 7.106 x 9.84 x 8.313 x 12.05 x 12.26 x 16.54 x
Free Cash Flow 1 3,175 4,510 -54,165 7,945 9,892 14,217 10,686 15,614
ROE (net income / shareholders' equity) 5.36% 3.14% 3.98% 2.79% 2.83% 3.16% 3.27% 3.54%
ROA (Net income/ Total Assets) 3.79% 2.22% 2.61% 1.71% 1.73% 1.78% 1.9% 2.21%
Assets 1 448,178 458,170 505,691 539,977 536,155 637,840 597,480 564,882
Book Value Per Share 2 66.30 67.70 69.20 67.70 67.50 68.70 69.60 68.80
Cash Flow per Share 2 1.390 1.460 0.1400 2.300 2.990 0.0700 0.0600 1.050
Capex 1 3,569 2,562 54,850 3,186 4,568 5,865 10,737 13,127
Capex / Sales 14.76% 10.24% 233.14% 12.47% 16.57% 19.8% 34.03% 43.08%
Announcement Date 23/03/20 23/03/21 22/03/22 21/03/23 21/03/24 - - -
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 Henderson Land Development Company Limited

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
20.95 HKD
Average target price
25.26 HKD
Spread / Average Target
+20.59%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

1st Jan change Capi.
MITSUI FUDOSAN CO., LTD. Stock Mitsui Fudosan Co., Ltd.
+27.40% 25.58B
DLF LIMITED Stock DLF Limited
+13.54% 24.49B
CHINA RESOURCES LAND LIMITED Stock China Resources Land Limited
-5.18% 24.25B
SUN HUNG KAI PROPERTIES LIMITED Stock Sun Hung Kai Properties Limited
-20.01% 23.68B
MITSUBISHI ESTATE CO., LTD. Stock Mitsubishi Estate Co., Ltd.
+29.70% 19.8B
EMAAR PROPERTIES Stock Emaar Properties
+3.54% 19.73B
CHINA OVERSEAS LAND & INVESTMENT LTD. Stock China Overseas Land & Investment Ltd.
-1.60% 18.98B
MACROTECH DEVELOPERS LIMITED Stock Macrotech Developers Limited
+46.90% 17.94B
POLY DEVELOPMENTS AND HOLDINGS GROUP CO., LTD. Stock Poly Developments and Holdings Group Co., Ltd.
-11.52% 14.3B
Other Real Estate Development & Operations
  1. Stock Market
  2. Equities
  3. 12 Stock
  4. HLDCY Stock
  5. Financials Henderson Land Development Company Limited