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H

Hongkong Land Holdings H78.SI · SGD

Real Estate · SGX · 🇸🇬 Singapore

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8.28

-4.50%

Close of 6 Nov 2026, in SGD

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At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$1.45bn

FY2016FY2025

Net income

$1.26bn

FY2016FY2025

Free cash flow

$420.2m

FY2016FY2025

Shareholders' equity

$30.80bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$1.45bn$2.00bn$1.84bn$2.24bn$2.38bn$2.09bn$2.32bn$2.67bn$1.62bn$1.99bn
Operating income$310.4m$597.7m$763.4m$847.5m$907.9m−$2.48bn$350.6m$2.33bn$5.61bn$3.52bn
Net income$1.26bn−$1.38bn−$582.3m$202.7m−$349.2m−$2.65bn$198.0m$2.46bn$5.61bn$3.35bn
Diluted earnings per share0.59-0.64-0.270.09-0.15-1.130.081.142.601.55

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$40.06bn$39.05bn$40.77bn$42.60bn$43.86bn$44.26bn$45.26bn$44.96bn$42.84bn$36.95bn
Cash and short-term investments—————$2.00bn$1.33bn$1.29bn$1.58bn$1.79bn
Total liabilities$9.22bn$9.08bn$8.78bn$9.27bn$9.24bn$8.55bn$7.01bn$6.62bn$6.00bn$5.66bn
Debt$5.84bn$5.34bn$5.79bn$6.57bn$5.72bn$5.88bn$4.69bn$4.31bn$3.99bn$3.71bn
Shareholders' equity$30.80bn$29.94bn$31.97bn$33.30bn$34.58bn$35.71bn$38.25bn$38.34bn$36.84bn$31.29bn
Shares outstanding2,159m2,159m2,159m2,159m2,334m2,334m2,334m2,159m2,159m2,159m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$584.4m$670.6m$701.6m$858.3m$528.6m$981.1m$1.18bn$604.4m$800.2m$1.10bn
Capital spending−$164.2m−$78.5m−$85.3m−$94.6m−$98.9m−$129.1m−$116.4m−$93.0m−$108.2m−$239.5m
Free cash flow$420.2m$592.1m$616.3m$763.7m$429.7m$852.0m$1.07bn$511.4m$692.0m$856.7m
Dividends paid−$502.6m−$478.2m−$486.2m−$503.7m−$509.1m−$509.6m−$510.1m−$466.6m−$443.4m−$443.8m

Latest quarters

By quarter end

Jun 2025Dec 2024Jun 2024Dec 2023Dec 2020Jun 2020Dec 2019Sept 2019
Revenue$751.2m$1.03bn$972.4m$1.17bn$2.09bn$820.2m$1.52bn$757.9m
Operating income$295.1m$383.6m$214.1m$402.3m−$2.48bn−$1.63bn−$77.4m$350.3m
Net income$220.9m−$551.9m−$833.0m−$249.3m−$2.65bn−$1.83bn−$212.9m−$106.5m
Diluted earnings per share0.10-0.25-0.38-0.11-1.13-0.78-0.09-0.05
Cash from operations————$237.0m$253.0m$372.0m$372.0m
Capital spending————−$35.0m−$29.0m−$143.0m−$33.0m
Free cash flow————$202.0m$224.0m$229.0m$339.0m
Total assets$38.66bn$39.05bn$38.80bn$42.07bn$44.26bn$46.67bn$45.26bn$45.26bn
Cash and short-term investments————$2.00bn$927.6m$1.42bn—
Debt$5.07bn$5.34bn$5.75bn$5.79bn$5.88bn$6.51bn$4.69bn$4.63bn
Shareholders' equity$29.73bn$29.94bn$30.50bn$31.97bn$35.71bn$35.96bn$38.25bn$38.25bn

Financial ratios

Data as of 28 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin21.4%29.9%41.4%37.8%38.1%45.5%—
Net margin87.2%-69.2%-31.6%9.0%-14.6%-126.4%—
Return on equity4.1%-4.6%-1.8%0.6%-1.0%-7.4%—
Return on assets3.2%-3.5%-1.4%0.5%-0.8%-6.0%—
Free cash flow yield4.1%———3.2%5.6%6.5%
Revenue growth-27.7%8.6%-17.8%-5.9%13.9%-9.7%—
Earnings growth-191.2%137.8%-387.3%-158.0%-86.8%-1437.1%—
Current ratio3.70x1.50x1.70x1.94x1.69x2.09x—
Debt to equity0.19x0.18x0.18x0.20x0.17x0.16x—
Equity ratio76.9%76.7%78.4%78.2%78.8%80.7%—
Interest coverage1.53x2.64x3.14x3.61x4.48x5.22x—
Buybacks as a share of market value7.5%———0.0%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-13.6%-7.1%-2.8%
Operating income-28.5%—-17.0%
Net income84.0%—-4.5%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin26.3%33.4%7.9%65.5%
Net margin-3.5%-6.6%-29.1%44.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings9.3-5.4-10.138.2-27.1-2.852.94.32.13.2
Price to sales8.13.73.23.54.03.64.54.07.35.3

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 20 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.270.230.280.220.220.220.220.22

Sources and methodology

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

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