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Henderson Land Development Co. Ltd.
- 41.15 HKD
- 0.00
- 0.00%
Hong Kong
Aug 16, 2018Ticker
HKG(12)Prev. close
41.15Market cap (HKD)
181,111.90MMarket cap (USD)
23,072.90MShares
4,401.26M
In the news
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- Hong Kong stocks slip as property developers retreat May 16, 2018
- Apartments shrink as Hong Kong's property tycoons prosper Apr 18, 2018
- After Li Ka-shing, Hong Kong's property tycoons inherit tough market Apr 18, 2018 See more articles on Henderson Land Development Co. Ltd.
Company Background
Henderson Land Development is a major property developer that is based and listed in Hong Kong. It builds residential properties, including luxury condominiums, as well as office and commercial complexes, such as the International Finance Centre on Hong Kong Island and the World Financial Centre in Beijing.
Its chairman, Lee Shau-kee, was a founding member of leading Hong Kong real estate developer Sun Hung Kai Properties. But in 1976, he branched out and created Henderson Land Development.
With the money generated from the company's listing on the Hong Kong stock exchange, Lee began acquiring old buildings and farmland and developed the land for sale. This strategy has enabled Henderson Land to grow rapidly over the years. The company is now the biggest landowner in Hong Kong's New Territories.
Group company Hong Kong and China Gas is the dominant supplier of city gas in Hong Kong. It also supplies city gas across the mainland, and boasts more than 20 million customers.
Henderson Land's subsidiaries also include Hong Kong Ferry Holdings and Miramar Hotel and Investment.
Lee is a high-profile stock investor and has been called the "Warren Buffett of Asia." His comments on stock markets attract keen attention from the Hong Kong public.
Business Summary
Financial Highlights
| Dec 2017 | HKD | USD |
| Revenue | 25,310M | 3,247.86M |
| Gross Profit | 12,584M | 1,614.82M |
| Operating income | 8,570M | 1,099.73M |
| Income before tax | 23,592M | 3,027.40M |
| Net income | 30,433M | 3,905.26M |
| EBITDA | 9,501M | 1,219.19M |
| Diluted EPS | 6.91 | 0.88 |
| Dividends Per Share | 1.55 | 0.19 |
| Total Assets | 411,592M | 52,651.42M |
| Total liabilities | 112,980M | 14,452.56M |
| Total equity | 293,125M | 37,496.96M |
| Operating cash flow | 916M | 117.54M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 23,717M | 23,804M | 23,878M | 26,167M | 25,310M |
| Gross Profit | 9,209M | 9,636M | 11,209M | 11,465M | 12,584M |
| Operating income | 4,720M | 5,551M | 6,817M | 6,946M | 8,570M |
| Income before tax | 11,513M | 11,635M | 15,038M | 16,661M | 23,592M |
| Net income | 15,948M | 16,752M | 21,326M | 21,916M | 30,433M |
| EBITDA | 5,874M | 6,586M | 7,798M | 7,934M | 9,501M |
| Diluted EPS | 3.70 | 3.83 | 4.85 | 4.98 | 6.91 |
| Dividends Per Share | 0.65 | 0.75 | 1.08 | 1.28 | 1.55 |
| Total Assets | 304,114M | 316,980M | 336,269M | 355,498M | 411,592M |
| Total liabilities | 76,114M | 73,763M | 80,000M | 86,197M | 112,980M |
| Total equity | 223,402M | 238,150M | 251,247M | 263,534M | 293,125M |
| Operating cash flow | -342M | 5,653M | 1,793M | 9,048M | 916M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 3,057.63M | 3,069.62M | 3,080.00M | 3,370.96M | 3,247.86M |
| Gross Profit | 1,187.24M | 1,242.60M | 1,445.84M | 1,476.98M | 1,614.82M |
| Operating income | 608.51M | 715.82M | 879.32M | 894.81M | 1,099.73M |
| Income before tax | 1,484.27M | 1,500.38M | 1,939.74M | 2,146.35M | 3,027.40M |
| Net income | 2,056.04M | 2,160.24M | 2,750.82M | 2,823.33M | 3,905.26M |
| EBITDA | 757.28M | 849.29M | 1,005.85M | 1,022.09M | 1,219.19M |
| Diluted EPS | 0.47 | 0.49 | 0.62 | 0.64 | 0.88 |
| Dividends Per Share | 0.08 | 0.09 | 0.14 | 0.16 | 0.19 |
| Total Assets | 39,221.54M | 40,875.06M | 43,388.70M | 45,852.07M | 52,651.42M |
| Total liabilities | 9,816.41M | 9,511.85M | 10,322.38M | 11,117.67M | 14,452.56M |
| Total equity | 28,812.12M | 30,709.81M | 32,418.33M | 33,990.57M | 37,496.96M |
| Operating cash flow | -44.09M | 728.97M | 231.27M | 1,165.61M | 117.54M |
Valuation Measures
| Dec 2017 | |
| PER | 6.76 |
| ROA | 7.93% |
| ROE | 10.93% |
| Operating margin | 33.86% |
| Profit margin | 120.24% |
Key executives
- Chairman & Managing Director: Shau Kee Lee
- Chief Financial Officer: Andrew Fung
- GM-Information Technology Department: Tak Cheung Kum
- Chief Treasurer & Executive Director: Woon King Fung Lee
- General Manager-Portfolio Leasing Department: Pak Wing Sit
Shareholders
- LEE SHAU KEE FAMILY (72.4%)
- Capital Research & Management Co. (World Investors) (0.9%)
- The Vanguard Group, Inc. (0.9%)
- BlackRock Fund Advisors (0.6%)
- Third Avenue Management LLC (0.4%)
- Norges Bank Investment Management (0.4%)
- Capital Research & Management Co. (Global Investors) (0.3%)
- LEE SHAU KEE (0.3%)
- State Street Global Advisors Asia Ltd. (0.3%)
- Hong Kong & China Gas Co. Ltd. (0.2%)
Contact Details
- Website:http://www.hld.com
- Address: 72-76/F, Two International Finance Centre, Hong Kong, Hong Kong
- Phone: +852.2908.8888
Related Companies
- Uhray Investment Ltd.
- Tactwin Development Ltd.
- Profit Best Development Ltd.
- Davenport Investment Ltd.
- Henderson International Finance Ltd.
- St. Helena Holdings Co. Ltd.
- Broad Capital Ltd.
- Future Home Ltd.
- Ginca Construction Machinery Co. Ltd.
- Dorway Investment Ltd.
- Shanghai Hengzhi Properties Development Co. Ltd.
- Henderson Real Estate Finance Ltd.
- Henderson Land Finance (2011) Ltd.
- Henderson (China) Finance Ltd.
- Hang Yick Properties Management Ltd.
- Carry Express Investment Ltd.
- E Man Construction Co. Ltd.
- Henderson Land Credit (2014) Ltd.
- Henderson Land Credit (2009) Ltd.
- Henderson Land MTN (S) Pte Ltd.
- Henland Finance Ltd.
- Henderson Real Estate Agency Ltd.
- Henderson Land MTN Ltd.
- Begonia Investment Ltd.
- Viaduct Enterprises Ltd.
- Resources Investment Ltd.
- Jitterbug Investment Ltd.
- Data City Holdings Ltd.
- Jumbo Harvest Development Ltd.
- Ratex Enterprises Ltd.
Competitors
- CK Infrastructure Holdings Limited
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