Henderson Land Development Company Limited logo

Henderson Land Development Company Limited

0012.HK

HKSEReal EstateReal Estate - Diversified

Latest quote

HK$29.60

−HK$0.58 · -1.92%

Aug 25, 4:08 PM HKT

0012.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

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.

Industry
Real Estate - Diversified
Sector
Real Estate
Headquarters
HK
CEO
Ka-Shing Lee
Listed since
Jan 4, 2000
Employees
10,078

Market position

Day range

Current HK$29.60

52-week range

Current HK$29.60

Open
HK$30.00
Previous close
HK$30.18
Volume
9.31M
1.05× average
Average volume
8.86M
Average daily volume
Market cap
143.31B HKD
Beta
1.15
Market reference 1
50-day average
HK$26.924
+9.94% above average
200-day average
HK$29.8864
-0.96% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends59%44%28%13%Gross margin, FY2021: 52.08%Gross margin, FY2022: 40.33%Gross margin, FY2023: 35.55%Gross margin, FY2024: 35.24%Gross margin, FY2025: 31.55%Operating margin, FY2021: 50.20%Operating margin, FY2022: 25.82%Operating margin, FY2023: 22.51%Operating margin, FY2024: 20.39%Operating margin, FY2025: 16.89%Net margin, FY2021: 55.24%Net margin, FY2022: 36.32%Net margin, FY2023: 33.59%Net margin, FY2024: 24.93%Net margin, FY2025: 21.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 52.08%. Gross margin FY2022 40.33%. Gross margin FY2023 35.55%. Gross margin FY2024 35.24%. Gross margin FY2025 31.55%. Operating margin FY2021 50.20%. Operating margin FY2022 25.82%. Operating margin FY2023 22.51%. Operating margin FY2024 20.39%. Operating margin FY2025 16.89%. Net margin FY2021 55.24%. Net margin FY2022 36.32%. Net margin FY2023 33.59%. Net margin FY2024 24.93%. Net margin FY2025 21.96%.

Income trends

Revenue

25.74B HKD+1.92%

Operating income

4.35B HKD-15.58%

Net income

5.65B HKD-10.21%
Income trends across reported periods29.89B HKD20.6B HKD11.31B HKD2.02B HKDRevenue, FY2021: 23.89B HKDRevenue, FY2022: 25.44B HKDRevenue, FY2023: 27.57B HKDRevenue, FY2024: 25.26B HKDRevenue, FY2025: 25.74B HKDOperating income, FY2021: 11.99B HKDOperating income, FY2022: 6.57B HKDOperating income, FY2023: 6.21B HKDOperating income, FY2024: 5.15B HKDOperating income, FY2025: 4.35B HKDNet income, FY2021: 13.2B HKDNet income, FY2022: 9.24B HKDNet income, FY2023: 9.26B HKDNet income, FY2024: 6.3B HKDNet income, FY2025: 5.65B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 23.89B HKD. Revenue FY2022 25.44B HKD. Revenue FY2023 27.57B HKD. Revenue FY2024 25.26B HKD. Revenue FY2025 25.74B HKD. Operating income FY2021 11.99B HKD. Operating income FY2022 6.57B HKD. Operating income FY2023 6.21B HKD. Operating income FY2024 5.15B HKD. Operating income FY2025 4.35B HKD. Net income FY2021 13.2B HKD. Net income FY2022 9.24B HKD. Net income FY2023 9.26B HKD. Net income FY2024 6.3B HKD. Net income FY2025 5.65B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue25.74B HKD25.26B HKD27.57B HKD25.44B HKD23.89B HKD
Cost of goods sold17.62B HKD16.36B HKD17.54B HKD15.18B HKD11.45B HKD
Gross profit8.12B HKD8.9B HKD9.8B HKD10.26B HKD12.44B HKD
Selling, general, and administrative3.77B HKD3.75B HKD3.63B HKD3.74B HKD3.22B HKD
Operating expenses3.87B HKD3.75B HKD3.82B HKD3.69B HKD3.14B HKD
Interest income444M HKD381M HKD679M HKD204M HKD109M HKD
Interest expense2.44B HKD2.19B HKD1.85B HKD1.11B HKD495M HKD
Depreciation and amortization180M HKD203M HKD539M HKD540M HKD502M HKD
Operating income4.35B HKD5.15B HKD6.21B HKD6.57B HKD11.99B HKD
Net income5.65B HKD6.3B HKD9.26B HKD9.24B HKD13.2B HKD

Company facts updated Aug 25, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-8.47%
11 comparable reports
Latest EPS result
1.05
Estimate 0.82 · Beat by 28.05%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.411.110.810.51Q3 '23BeatQ1 '24MissQ3 '24MissQ1 '25MissQ3 '25MissQ1 '26MissQ3 '26BeatQ1 '27Estimate
Q3 2023, reported Aug 22, 2023: actual 1.23, estimate 1.11, surprise +10.81%, Beat. Q1 2024, reported Mar 21, 2024: actual 0.683, estimate 1.35, surprise -49.41%, Miss. Q3 2024, reported Aug 21, 2024: actual 1.12, estimate 1.26, surprise -11.11%, Miss. Q1 2025, reported Mar 19, 2025: actual 0.66, estimate 1.18, surprise -44.07%, Miss. Q3 2025, reported Aug 19, 2025: actual 0.626, estimate 0.646, surprise -3.10%, Miss. Q1 2026, reported Mar 23, 2026: actual 0.573, estimate 0.855, surprise -32.98%, Miss. Q3 2026, reported Aug 20, 2026: actual 1.05, estimate 0.82, surprise +28.05%, Beat. Q1 2027, reported Mar 23, 2027: actual —, estimate 0.84, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates31.51B23.71B15.92B8.12BQ3 '23MissQ1 '24MissQ3 '24MissQ1 '25MissQ3 '25MissQ1 '26MissQ3 '26BeatQ1 '27Estimate
Q3 2023, reported Aug 22, 2023: actual 10.37B HKD, estimate 11.46B HKD, surprise -9.50%, Miss. Q1 2024, reported Mar 21, 2024: actual 16.97B HKD, estimate 29.88B HKD, surprise -43.20%, Miss. Q3 2024, reported Aug 21, 2024: actual 11.76B HKD, estimate 13.23B HKD, surprise -11.11%, Miss. Q1 2025, reported Mar 19, 2025: actual 13.49B HKD, estimate 15.58B HKD, surprise -13.37%, Miss. Q3 2025, reported Aug 19, 2025: actual 9.55B HKD, estimate 10.11B HKD, surprise -5.48%, Miss. Q1 2026, reported Mar 23, 2026: actual 16.29B HKD, estimate 21.04B HKD, surprise -22.59%, Miss. Q3 2026, reported Aug 20, 2026: actual 17.2B HKD, estimate 16.82B HKD, surprise +2.22%, Beat. Q1 2027, reported Mar 23, 2027: actual —, estimate 16.73B HKD, surprise —, Comparison unavailable.

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