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Henderson Land Development Company Limited (0012.HK)

HKD26.90 +1.20 (+4.67%)
HK HKSE Real Estate Real Estate - Diversified
Address Two International Finance Centre
Central, HK
CEO Ka-Shing Lee
Website hld.com
IPO 1981-07-23
ISIN HK0012000102

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 0012.HK (HKD) Other OTC · HLDCY (USD) Other OTC · HLDVF (USD)
Description

Henderson Land Development Company Limited, established in 1976 and based in Central, Hong Kong, operates as an investment holding company with a primary focus on real estate development and investment ventures across both Hong Kong and mainland China. The firm's extensive business activities are structured into several key divisions: Property Development: This segment is dedicated to the creation and sale of diverse real estate assets, encompassing commercial properties such as office towers, shopping arcades, larger retail complexes, and various residential projects. Property Leasing: Through this division, the company manages and leases out its significant portfolio of properties. Retail Operations: This involves the oversight and management of both department stores and a network of supermarket-cum-stores. Diversified Services: A broad "Other Businesses" category covers hotel management, construction services, financial activities, comprehensive project and property management, agency functions, and the provision of cleaning and security personnel. It further includes the trading of building materials, the divestiture of leasehold land, and engagement in the food and beverage as well as travel industries. Utilities and Energy: This segment addresses the full spectrum of gas production, distribution, and marketing, alongside water provision and investments in environmentally sustainable energy solutions. Henderson Land Development Company Limited ultimately functions as a subsidiary of Henderson Development Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD26.90 +1.20 (+4.67%)
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Volume Profile
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Liquidity & share structure
Average Volume
9M
Beta
1.14
Float Shares
1.33B
Free Float %
27.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.26% -3.25% +0.45% -12.64% +5.52% +10.02% +27.15% +16.17% -16.55% -2.43% +21.65%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
26.90
Ratings Trend (MoM) 54% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 4 0
Hold 6 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.38
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Real Estate - Diversified: +7.3%
    +1.9% Q4'25: -4.6% (vs Q4'23)
  • EPS growth Real Estate - Diversified: +24.5%
    -12.3% Q4'25: -20.6% (vs Q4'23)
  • FCF margin FCF growth · Real Estate - Diversified: +20.5%
    +38.1% Q4'25: +20.1% (vs Q4'23)
  • EBIT margin Real Estate - Diversified: +35.8%
    +16.9% Q4'25: +13.5% (vs Q4'23)
  • ROIC Real Estate - Diversified: +3.0%
    +0.9% Q4'25: +1.6% (vs Q4'23)
  • Share dilution Real Estate - Diversified: +0.0%
    +2.2% Q4'25: +4.3% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Real Estate - Diversified: 3.57×
    36.17× Q4'25: 18.04× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.15) × ERP
WACC = 48% × Ke + 52% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 26.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
9 EPS Ana.
Dec 2027
7 Rev. Ana.
9 EPS Ana.
Dec 2028
4 Rev. Ana.
4 EPS Ana.
Revenue
23.64B
est: 24.08B (-1.8%)
25.57B
est: 26.16B (-2.3%)
27.96B
est: 24.29B (+15.1%)
21.98B
est: 23.88B (-7.9%)
24.37B
est: 26.45B (-7.9%)
25.02B
est: 22.04B (+13.5%)
23.89B
est: 24.77B (-3.6%)
25.44B
est: 26.34B (-3.4%)
27.57B
est: 27.95B (-1.4%)
25.26B
est: 29.01B (-12.9%)
25.74B
est: 27.76B (-7.3%)
28.07B
23.16B – 33.15B
+1.1% YoY
28.39B
22.73B – 32.59B
+1.1% YoY
30.80B
25.02B – 35.85B
+8.5% YoY
EBITDA
7.74B
est: 9.75B (-20.6%)
7.68B
est: 10.59B (-27.5%)
9.46B
est: 9.83B (-3.8%)
9.79B
est: 9.67B (+1.3%)
10.10B
est: 10.71B (-5.7%)
13.09B
est: 8.92B (+46.7%)
9.80B
est: 10.03B (-2.3%)
7.11B
est: 10.66B (-33.3%)
12.83B
est: 11.31B (+13.4%)
8.73B
est: 9.73B (-10.2%)
4.53B
est: 9.31B (-51.3%)
9.41B
7.77B – 11.12B
+1.1% YoY
9.52B
7.62B – 10.93B
+1.1% YoY
10.33B
8.39B – 12.02B
+8.5% YoY
EBIT
24.00B
est: 9.33B (+157.2%)
25.15B
est: 10.13B (+148.1%)
34.06B
est: 9.41B (+262.0%)
34.16B
est: 9.25B (+269.3%)
19.55B
est: 10.25B (+90.8%)
12.65B
est: 8.54B (+48.2%)
9.30B
est: 9.59B (-3.1%)
6.57B
est: 10.20B (-35.6%)
12.29B
est: 10.83B (+13.5%)
8.53B
est: 9.28B (-8.1%)
4.35B
est: 8.88B (-51.0%)
8.98B
7.41B – 10.61B
+1.1% YoY
9.09B
7.27B – 10.43B
+1.1% YoY
9.85B
8.01B – 11.47B
+8.5% YoY
Net Income
21.33B
est: 9.97B (+113.8%)
21.92B
est: 12.52B (+75.0%)
30.43B
est: 15.15B (+100.9%)
31.16B
est: 17.84B (+74.6%)
16.99B
est: 15.44B (+10.0%)
10.19B
est: 14.97B (-31.9%)
13.20B
est: 13.51B (-2.3%)
9.24B
est: 11.27B (-18.0%)
9.26B
est: 10.60B (-12.6%)
6.30B
est: 11.15B (-43.5%)
5.65B
est: 7.15B (-20.9%)
7.73B
6.69B – 9.00B
+8.1% YoY
8.83B
7.02B – 10.43B
+14.2% YoY
11.45B
8.66B – 13.89B
+29.7% YoY
SGA
3.38B
est: 3.29B (+2.7%)
3.12B
est: 3.57B (-12.9%)
3.29B
est: 3.32B (-0.8%)
2.55B
est: 3.26B (-21.9%)
3.25B
est: 3.61B (-10.0%)
3.03B
est: 3.01B (+0.7%)
3.22B
est: 3.38B (-4.9%)
3.74B
est: 3.60B (+3.8%)
3.63B
est: 3.82B (-4.9%)
3.75B
est: 4.11B (-8.7%)
3.77B
est: 3.93B (-4.1%)
3.98B
3.28B – 4.70B
+1.1% YoY
4.02B
3.22B – 4.62B
+1.1% YoY
4.36B
3.55B – 5.08B
+8.5% YoY
EPS
4.41
est: 2.06 (+114.0%)
4.53
est: 2.59 (+75.1%)
6.36
est: 3.13 (+103.2%)
6.44
est: 3.69 (+74.7%)
3.51
est: 3.19 (+10.0%)
2.11
est: 3.09 (-31.8%)
2.73
est: 2.79 (-2.2%)
1.91
est: 2.33 (-17.9%)
1.91
est: 2.19 (-12.7%)
1.30
est: 2.25 (-42.3%)
1.17
est: 1.45 (-19.1%)
1.56
1.35 – 1.82
+8.1% YoY
1.78
1.42 – 2.11
+14.2% YoY
2.31
1.75 – 2.81
+29.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-28 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-27 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-26 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-22 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-21 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-20 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-19 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-18 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-15 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-14 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-13 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-12 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-11 B- 3/5 1/5 2/5 3/5 3/5 2/5 4/5
2026-05-08 B 3/5 1/5 2/5 3/5 3/5 2/5 5/5
2026-05-07 B 3/5 1/5 2/5 3/5 3/5 2/5 5/5
2026-05-06 B 3/5 1/5 2/5 3/5 3/5 2/5 5/5
2026-05-05 B 3/5 1/5 2/5 3/5 3/5 2/5 5/5
2026-05-04 B 3/5 1/5 2/5 3/5 3/5 2/5 5/5
2026-04-30 B- 3/5 1/5 2/5 3/5 2/5 2/5 5/5
2026-04-29 B- 2/5 1/5 2/5 3/5 2/5 2/5 4/5
2026-04-28 B- 2/5 1/5 2/5 3/5 2/5 2/5 4/5
2026-04-27 B 3/5 1/5 2/5 4/5 2/5 2/5 5/5
2026-04-24 B 3/5 1/5 2/5 4/5 2/5 2/5 5/5
2026-04-23 B 3/5 1/5 2/5 4/5 2/5 2/5 5/5
2026-04-22 B 3/5 1/5 2/5 4/5 2/5 2/5 5/5
2026-04-21 B 3/5 1/5 2/5 4/5 2/5 2/5 5/5
2026-04-20 B 3/5 1/5 2/5 4/5 2/5 2/5 5/5
2026-04-17 B 3/5 1/5 2/5 4/5 2/5 2/5 5/5
2026-04-16 B 3/5 1/5 2/5 4/5 2/5 2/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
7.05B
OE per share TTM
1.44
Owner's Yield
4.50%
Maintenance CapEx ratio
111.91%
Maint CapEx / Avg PPE
171.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 210 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares Asia/Pacific Dividend ETF DVYA 1.84% 1.26M 0.49%
2 iShares Dow Jones Asia Pacific Select Dividend 50 UCITS ETF (DE) EXXW.DE 1.84% 12.32M 0.31%
3 iShares Asia Pacific Dividend UCITS ETF IDAP.L 1.84% 11.68M 0.59%
4 Global X - MSCI SuperDividend EAFE ETF EFAS 1.57% 769.7K 0.55%
5 iShares MSCI Hong Kong ETF EWH 1.44% 16.80M 0.50%
6 iShares Asia Property Yield UCITS ETF IDAR.L 1.37% 2.65M 0.59%
7 iShares Asia Property Yield UCITS ETF AYEP.DE 1.37% 335.0K 0.59%
8 iShares STOXX Global Select Dividend 100 UCITS ETF (DE) ISPA.DE 1.04% 56.21M 0.46%
9 Macquarie Focused International Core ETF EXUS 1.01% 170.5K 0.59%
10 iShares International Select Dividend ETF IDV 0.64% 51.86M 0.50%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
436.5K
Shares Outstanding
4.84B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ko Yin Lam ACIB FCILT FCIT FHKIOD MBIM Executive Vice Chairman 31M
Ming Wong FHKIS MRICS Executive Director of Property Development Department & Executive Director 27M male
Ying Chee Yip Executive Director of Group Business Development Department, Assistant GM & Executive Director 25M male
Ka-Kit Lee Chairman, MD & GM 23M
Ka-Shing Lee Chairman, MD & GM 23M
Kwok Lam Suen FHIREA Executive Director 16M male
Hau Chung Fung Chief Financial Officer & Executive Director 16M male
Woon King Fung Lee Chief Treasurer & Executive Director 11M female
Ping Kwok ACIB Executive Director of Finance Department & Executive Director 7M male
Wing Kee Wong General Manager of Accounts Department male
Mei Po Leung General Manager of Corporate Communications Department female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits