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Hysan Development Company Limited logo

Hysan Development Company Limited

0014.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$16.99

+HK$0.15 · +0.89%

Aug 24, 4:08 PM HKT

0014.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hysan is a preeminent real estate firm in Hong Kong, specializing in property investment, management, and development. It oversees an extensive portfolio of over 4 million square feet, featuring high-quality office, retail, and residential assets. Primarily concentrated in Causeway Bay, the city's vibrant prime retail and office district, the company is dedicated to ensuring client satisfaction and generating exceptional returns for its investors.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Yun-Lien Lee
Listed since
Jan 4, 2000
Employees
507

Market position

Day range

Current HK$16.99

52-week range

Current HK$16.99

Open
HK$16.84
Previous close
HK$16.84
Volume
3M
1.46× average
Average volume
2.06M
Average daily volume
Market cap
17.45B HKD
Beta
0.85
Market reference 1
50-day average
HK$17.4616
-2.70% below average
200-day average
HK$18.9445
-10.32% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
53.51B HKD
P/E (TTM)
56.43×
P/B (TTM)
0.27×
P/S (TTM)
4.89×
EV / EBITDA
45.23×
Earnings yield
4.33%
Free cash flow yield
11.71%
Dividend yield
6.36%

Profitability & efficiency

Gross margin
79.66%
Operating margin
72.31%
Net margin
23.73%
Return on equity
1.28%
Return on assets
0.73%
Return on invested capital
1.14%

Financial health

Debt / equity
0.56×
Current ratio
2.91×
Altman Z-score
0.3
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends98%51%4%-43%Gross margin, FY2021: 86.48%Gross margin, FY2022: 84.70%Gross margin, FY2023: 80.65%Gross margin, FY2024: 81.05%Gross margin, FY2025: 79.86%Operating margin, FY2021: 79.06%Operating margin, FY2022: 75.74%Operating margin, FY2023: 71.09%Operating margin, FY2024: 72.02%Operating margin, FY2025: 72.53%Net margin, FY2021: 37.46%Net margin, FY2022: -31.22%Net margin, FY2023: -27.17%Net margin, FY2024: 1.03%Net margin, FY2025: 23.24%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 86.48%. Gross margin FY2022 84.70%. Gross margin FY2023 80.65%. Gross margin FY2024 81.05%. Gross margin FY2025 79.86%. Operating margin FY2021 79.06%. Operating margin FY2022 75.74%. Operating margin FY2023 71.09%. Operating margin FY2024 72.02%. Operating margin FY2025 72.53%. Net margin FY2021 37.46%. Net margin FY2022 -31.22%. Net margin FY2023 -27.17%. Net margin FY2024 1.03%. Net margin FY2025 23.24%.

Income trends

Revenue

3.62B HKD+6.04%

Operating income

2.62B HKD+6.80%

Net income

840M HKD+2300.00%
Income trends across reported periods4.19B HKD2.25B HKD301.9M HKD−1.64B HKDRevenue, FY2021: 3.69B HKDRevenue, FY2022: 3.71B HKDRevenue, FY2023: 3.21B HKDRevenue, FY2024: 3.41B HKDRevenue, FY2025: 3.62B HKDOperating income, FY2021: 2.92B HKDOperating income, FY2022: 2.81B HKDOperating income, FY2023: 2.28B HKDOperating income, FY2024: 2.46B HKDOperating income, FY2025: 2.62B HKDNet income, FY2021: 1.38B HKDNet income, FY2022: −1.16B HKDNet income, FY2023: −872M HKDNet income, FY2024: 35M HKDNet income, FY2025: 840M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.69B HKD. Revenue FY2022 3.71B HKD. Revenue FY2023 3.21B HKD. Revenue FY2024 3.41B HKD. Revenue FY2025 3.62B HKD. Operating income FY2021 2.92B HKD. Operating income FY2022 2.81B HKD. Operating income FY2023 2.28B HKD. Operating income FY2024 2.46B HKD. Operating income FY2025 2.62B HKD. Net income FY2021 1.38B HKD. Net income FY2022 −1.16B HKD. Net income FY2023 −872M HKD. Net income FY2024 35M HKD. Net income FY2025 840M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue3.62B HKD3.41B HKD3.21B HKD3.71B HKD3.69B HKD
Cost of goods sold728M HKD646M HKD621M HKD567M HKD499M HKD
Gross profit2.89B HKD2.76B HKD2.59B HKD3.14B HKD3.19B HKD
Selling, general, and administrative309M HKD308M HKD307M HKD332M HKD274M HKD
Operating expenses265M HKD308M HKD307M HKD332M HKD274M HKD
Interest income151M HKD−64M HKD3M HKD248M HKD92M HKD
Interest expense549M HKD417M HKD478M HKD408M HKD348M HKD
Depreciation and amortization42M HKD36M HKD33M HKD32M HKD29M HKD
Operating income2.62B HKD2.46B HKD2.28B HKD2.81B HKD2.92B HKD
Net income840M HKD35M HKD−872M HKD−1.16B HKD1.38B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-62.86%
11 comparable reports
Latest EPS result
1.02
Estimate 0.79 · Beat by 29.11%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.280.45-0.38-1.21Q3 '23MissQ2 '24MissQ3 '24MissQ1 '25MissQ3 '25BeatQ1 '26MissQ3 '26BeatQ1 '27Estimate
Q3 2023, reported Aug 10, 2023: actual 0.19, estimate 1.11, surprise -82.88%, Miss. Q2 2024, reported Jun 5, 2024: actual -1.03, estimate 0.93, surprise -211.19%, Miss. Q3 2024, reported Aug 23, 2024: actual 0.416, estimate 0.67, surprise -37.94%, Miss. Q1 2025, reported Feb 20, 2025: actual -0.382, estimate 0.72, surprise -153.01%, Miss. Q3 2025, reported Aug 14, 2025: actual 1, estimate 0.8, surprise +25.00%, Beat. Q1 2026, reported Feb 26, 2026: actual 0.23, estimate 0.77, surprise -70.13%, Miss. Q3 2026, reported Aug 13, 2026: actual 1.02, estimate 0.79, surprise +29.11%, Beat. Q1 2027, reported Feb 25, 2027: actual —, estimate 0.59, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.51B2.8B2.09B1.38BQ3 '23MissQ2 '24MissQ3 '24BeatQ1 '25BeatQ3 '25BeatQ1 '26MissQ3 '26MissQ1 '27Estimate
Q3 2023, reported Aug 10, 2023: actual 1.61B HKD, estimate 3.36B HKD, surprise -52.09%, Miss. Q2 2024, reported Jun 5, 2024: actual 1.76B HKD, estimate 3.25B HKD, surprise -46.00%, Miss. Q3 2024, reported Aug 23, 2024: actual 1.61B HKD, estimate 1.53B HKD, surprise +5.39%, Beat. Q1 2025, reported Feb 20, 2025: actual 1.79B HKD, estimate 1.65B HKD, surprise +8.77%, Beat. Q3 2025, reported Aug 14, 2025: actual 1.73B HKD, estimate 1.7B HKD, surprise +1.83%, Beat. Q1 2026, reported Feb 26, 2026: actual 1.73B HKD, estimate 1.74B HKD, surprise -0.28%, Miss. Q3 2026, reported Aug 13, 2026: actual 1.73B HKD, estimate 1.77B HKD, surprise -2.10%, Miss. Q1 2027, reported Feb 25, 2027: actual —, estimate 1.72B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$1.08

2025 complete year-25.0% since 2021

2026 partial: HK$0.81

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Mar 11, 2026

HK$0.81

Semi-Annual

Record Mar 12, 2026 · Payment Mar 27, 2026

Dividend

Ex-dividend Aug 27, 2025

HK$0.27

Semi-Annual

Record Aug 28, 2025 · Payment Sep 9, 2025

Dividend

Ex-dividend Mar 3, 2025

HK$0.81

Semi-Annual

Record Mar 4, 2025 · Payment Mar 19, 2025

Dividend

Ex-dividend Sep 5, 2024

HK$0.27

Semi-Annual

Record Sep 6, 2024 · Payment Sep 20, 2024

Dividend

Ex-dividend Mar 6, 2024

HK$0.81

Semi-Annual

Record Mar 7, 2024 · Payment Mar 22, 2024

Dividend

Ex-dividend Aug 23, 2023

HK$0.27

Semi-Annual

Record Aug 24, 2023 · Payment Sep 5, 2023

0014.HK peers

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China Overseas Land & Investment Ltd. logo

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KE Holdings Inc. logo

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Henderson Land Development Company Limited logo

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ETFs holding 0014.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Global X Hang Seng High Dividend Yield ETF (HKD) logoGlobal X Hang Seng High Dividend Yield ETF (HKD)3110.HK
Market value
115.08M
Weight
1.96%
AUM
5.93B HKD
Expense ratio
0.68%
Price / 1D
HK$31.76-0.56%
iShares International Select Dividend ETF logoiShares International Select Dividend ETFIDV
Market value
28.24M
Weight
0.33%
AUM
8.67B USD
Expense ratio
0.50%
Price / 1D
$44.965-0.27%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
20.17M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.055-0.75%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
13.72M
Weight
0.00%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$72.9799-0.60%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
8.33M
Weight
0.00%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.58-0.27%
Vanguard Global ex-U.S. Real Estate ETF logoVanguard Global ex-U.S. Real Estate ETFVNQI
Market value
5.16M
Weight
0.13%
AUM
3.9B USD
Expense ratio
0.12%
Price / 1D
$45.765+0.12%
JPMorgan International Value ETF logoJPMorgan International Value ETFJIVE
Market value
4.88M
Weight
0.13%
AUM
3.8B USD
Expense ratio
0.55%
Price / 1D
$97.5899-0.51%
iShares MSCI EAFE Small-Cap ETF logoiShares MSCI EAFE Small-Cap ETFSCZ
Market value
4.58M
Weight
0.03%
AUM
13.28B USD
Expense ratio
0.40%
Price / 1D
$86.52-0.09%

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