Ho Bee Land H13.SI · SGD

Real Estate · SGX · 🇸🇬 Singapore

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1.88

-2.59%

Close of 6 Nov 2026, in SGD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in SGD, from our data supplier.

FY2025

Revenue

SGD 440.1m

FY2016FY2025

Net income

SGD 100.2m

FY2016FY2025

Free cash flow

SGD 162.8m

FY2016FY2025

Shareholders' equity

SGD 3.77bn

FY2016FY2025

Income statement

Fiscal years

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Revenue	SGD 440.1m	SGD 528.0m	SGD 444.9m	SGD 435.6m	SGD 347.7m	SGD 215.7m	SGD 212.4m	SGD 196.8m	SGD 164.7m	SGD 299.4m
Gross profit	SGD 261.5m	SGD 288.1m	SGD 284.5m	SGD 289.2m	SGD 225.0m	SGD 214.2m	SGD 209.8m	SGD 186.2m	SGD 150.0m	SGD 174.0m
Operating income	SGD 226.5m	SGD 253.8m	SGD 256.3m	SGD 265.2m	SGD 194.4m	SGD 158.1m	SGD 410.2m	SGD 263.0m	SGD 209.8m	SGD 233.1m
Net income	SGD 100.2m	SGD 109.6m	−SGD 259.8m	SGD 165.9m	SGD 330.5m	SGD 137.1m	SGD 332.3m	SGD 270.0m	SGD 249.3m	SGD 216.8m
Diluted earnings per share	0.15	0.16	-0.39	0.25	0.50	0.21	0.50	0.41	0.37	0.33

Balance sheet

At each fiscal year end

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Total assets	SGD 6.55bn	SGD 6.58bn	SGD 6.98bn	SGD 7.60bn	SGD 6.74bn	SGD 6.33bn	SGD 6.20bn	SGD 5.97bn	SGD 4.62bn	SGD 4.39bn
Cash and short-term investments	—	—	—	—	—	SGD 118.7m	SGD 191.4m	—	—	—
Total liabilities	SGD 2.77bn	SGD 2.88bn	SGD 3.37bn	SGD 3.67bn	SGD 2.79bn	SGD 2.70bn	SGD 2.66bn	SGD 2.67bn	SGD 1.48bn	SGD 1.46bn
Debt	SGD 1.98bn	SGD 2.42bn	SGD 2.58bn	SGD 2.19bn	SGD 1.80bn	SGD 2.00bn	SGD 2.42bn	SGD 2.47bn	SGD 1.35bn	SGD 1.35bn
Shareholders' equity	SGD 3.77bn	SGD 3.69bn	SGD 3.60bn	SGD 3.92bn	SGD 3.93bn	SGD 3.62bn	SGD 3.54bn	SGD 3.29bn	SGD 3.13bn	SGD 2.93bn
Shares outstanding	664m	664m	664m	664m	664m	664m	665m	665m	666m	666m

Cash flow

Fiscal years

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Cash from operations	SGD 177.1m	SGD 278.9m	SGD 319.1m	SGD 57.1m	SGD 54.2m	SGD 109.9m	SGD 140.1m	SGD 220.9m	SGD 112.9m	SGD 178.1m
Capital spending	−SGD 14.3m	−SGD 24.6m	−SGD 168.7m	−SGD 10.1m	−SGD 2.0m	−SGD 9.1m	−SGD 9.1m	−SGD 9.1m	−SGD 4.5m	−SGD 983,000
Free cash flow	SGD 162.8m	SGD 254.2m	SGD 150.4m	SGD 46.9m	SGD 52.2m	SGD 100.8m	SGD 131.0m	SGD 211.8m	SGD 108.3m	SGD 177.2m
Dividends paid	−SGD 26.6m	−SGD 19.9m	−SGD 53.1m	−SGD 66.4m	−SGD 53.1m	−SGD 53.2m	−SGD 53.2m	−SGD 53.3m	−SGD 39.9m	−SGD 46.6m

Latest quarters

By quarter end

	Dec 2025	Jun 2025	Dec 2024	Jun 2024	Dec 2023	Dec 2020	Jun 2020	Dec 2019
Revenue	SGD 262.3m	SGD 177.7m	SGD 298.0m	SGD 230.0m	SGD 289.4m	SGD 108.3m	SGD 107.3m	SGD 54.3m
Gross profit	SGD 162.6m	SGD 131.8m	SGD 168.5m	SGD 152.1m	SGD 174.2m	SGD 106.8m	SGD 107.3m	SGD 53.7m
Operating income	SGD 128.9m	SGD 101.1m	SGD 130.3m	SGD 122.5m	SGD 139.5m	SGD 64.8m	SGD 93.2m	SGD 291.7m
Net income	SGD 50.4m	SGD 49.8m	SGD 100.7m	SGD 8.8m	−SGD 104.1m	SGD 46.5m	SGD 90.6m	SGD 267.6m
Diluted earnings per share	0.08	0.08	0.15	0.01	-0.16	0.07	0.14	0.40
Cash from operations	SGD 101.0m	SGD 75.0m	SGD 185.0m	SGD 93.0m	—	SGD 35.0m	SGD 19.0m	SGD 49.0m
Capital spending	−SGD 1.0m	—	−SGD 1.0m	—	—	−SGD 9.0m	−SGD 8.0m	−SGD 5.0m
Free cash flow	SGD 100.0m	—	SGD 184.0m	—	—	SGD 26.0m	SGD 11.0m	SGD 44.0m
Total assets	SGD 6.55bn	SGD 6.48bn	SGD 6.58bn	SGD 6.96bn	SGD 6.98bn	SGD 6.33bn	SGD 6.20bn	SGD 6.20bn
Cash and short-term investments	—	—	—	—	—	SGD 118.7m	SGD 88.5m	SGD 191.4m
Debt	SGD 1.98bn	SGD 2.27bn	SGD 2.42bn	SGD 2.73bn	SGD 2.58bn	SGD 2.00bn	SGD 2.06bn	SGD 2.42bn
Shareholders' equity	SGD 3.77bn	SGD 3.72bn	SGD 3.69bn	SGD 3.62bn	SGD 3.60bn	SGD 3.62bn	SGD 3.54bn	SGD 3.54bn

Financial ratios

Data as of 2 Nov 2026

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Gross margin	59.4%	54.6%	64.0%	66.4%	64.7%	99.3%	—	—	—	—
Operating margin	58.3%	59.1%	-11.5%	69.9%	67.4%	80.9%	—	—	—	—
Net margin	22.8%	20.7%	-58.4%	38.1%	95.1%	63.5%	—	—	—	—
Return on equity	2.7%	3.0%	-7.2%	4.2%	8.4%	3.8%	—	—	—	—
Return on assets	1.5%	1.7%	-3.7%	2.2%	4.9%	2.2%	—	—	—	—
Free cash flow yield	—	—	—	—	4.5%	9.5%	11.9%	18.4%	9.4%	14.3%
Revenue growth	-16.7%	18.7%	2.1%	25.3%	61.2%	1.5%	—	—	—	—
Earnings growth	-8.5%	-142.2%	-256.6%	-49.8%	141.1%	-58.8%	—	—	—	—
Current ratio	1.14x	1.87x	1.12x	0.77x	0.64x	0.74x	—	—	—	—
Debt to equity	0.53x	0.66x	0.72x	0.56x	0.46x	0.55x	—	—	—	—
Equity ratio	57.5%	56.1%	51.5%	51.5%	58.3%	57.3%	—	—	—	—
Interest coverage	2.08x	1.95x	-0.30x	3.33x	5.61x	3.88x	—	—	—	—
Buybacks as a share of market value	—	—	—	—	0.0%	0.2%	-0.0%	0.1%	0.0%	—

Growth per year

Compound annual rate

	3 years	5 years	10 years
Revenue	0.3%	15.3%	13.0%
Operating income	-5.1%	7.5%	-2.9%
Net income	-15.5%	-6.1%	-8.4%

Average margins

Over each period

	1 year	3 years	5 years	10 years
Gross margin	56.8%	60.8%	64.8%	70.7%
Operating margin	49.6%	54.2%	56.1%	81.2%
Net margin	21.7%	6.3%	24.2%	55.5%

Valuation history

At each fiscal year end

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Price to earnings	14.6	11.1	-4.5	9.7	5.6	11.6	4.8	5.7	6.4	6.1
Price to sales	3.3	2.3	2.6	3.7	5.3	7.4	7.5	7.9	9.7	4.4

Dividends and splits

Per share, in the currency the company pays

Paid for 26 years. Last went ex-dividend on 12 May 2026.

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Paid in the year	0.05	0.04	0.03	0.08	0.10	0.02	0.02	0.02

Sources and methodology

Data on this tab: Our data supplier
Chart on the Overview: TradingView

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Ho Bee Land H13.SI · SGD

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At a glance

Income statement

Balance sheet

Cash flow

Latest quarters

Financial ratios

Growth per year

Average margins

Valuation history

Dividends and splits

Sources and methodology