GoAI
Get started
Kerry Properties Limited logo

Kerry Properties Limited

0683.HK

HKSEReal EstateReal Estate - Development

Open in GoAI

Latest quote

HK$19.45

−HK$0.34 · -1.72%

Aug 24, 4:08 PM HKT

0683.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Kerry Properties Limited, an investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The company owns and operates hotels; and provides integrated logistics and international freight forwarding, consultancy, administrative support, project management, financial, estate agency, and construction services. It is also involved in the warehouse operations, as well as operation of restaurants, recreation parks, and ice rinks. The company was founded in 1978 and is based in Quarry Bay, Hong Kong. Kerry Properties Limited operates as a subsidiary of Kerry Group Limited.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Khoon Hua Kuok
Listed since
Aug 4, 1996
Employees
7,490

Market position

Day range

Current HK$19.45

52-week range

Current HK$19.45

Open
HK$19.88
Previous close
HK$19.79
Volume
1.98M
1.17× average
Average volume
1.69M
Average daily volume
Market cap
28.14B HKD
Beta
0.74
Market reference 1
50-day average
HK$18.995
+2.40% above average
200-day average
HK$21.5547
-9.76% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
69.06B HKD
P/E (TTM)
29.92×
P/B (TTM)
0.27×
P/S (TTM)
1.41×
EV / EBITDA
16.86×
Earnings yield
3.20%
Free cash flow yield
47.41%
Dividend yield
6.94%

Profitability & efficiency

Gross margin
29.11%
Operating margin
17.64%
Net margin
4.70%
Return on equity
0.89%
Return on assets
0.45%
Return on invested capital
0.94%

Financial health

Debt / equity
0.53×
Current ratio
2.79×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends77%51%24%-3%Gross margin, FY2021: 57.04%Gross margin, FY2022: 47.87%Gross margin, FY2023: 51.35%Gross margin, FY2024: 32.75%Gross margin, FY2025: 29.23%Operating margin, FY2021: 70.62%Operating margin, FY2022: 26.20%Operating margin, FY2023: 42.03%Operating margin, FY2024: 8.54%Operating margin, FY2025: 21.86%Net margin, FY2021: 67.58%Net margin, FY2022: 18.88%Net margin, FY2023: 24.78%Net margin, FY2024: 4.14%Net margin, FY2025: 4.62%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 57.04%. Gross margin FY2022 47.87%. Gross margin FY2023 51.35%. Gross margin FY2024 32.75%. Gross margin FY2025 29.23%. Operating margin FY2021 70.62%. Operating margin FY2022 26.20%. Operating margin FY2023 42.03%. Operating margin FY2024 8.54%. Operating margin FY2025 21.86%. Net margin FY2021 67.58%. Net margin FY2022 18.88%. Net margin FY2023 24.78%. Net margin FY2024 4.14%. Net margin FY2025 4.62%.

Income trends

Revenue

20.29B HKD+4.07%

Operating income

4.44B HKD+166.27%

Net income

938M HKD+16.09%
Income trends across reported periods22.24B HKD14.45B HKD6.65B HKD−1.14B HKDRevenue, FY2021: 15.33B HKDRevenue, FY2022: 14.59B HKDRevenue, FY2023: 13.09B HKDRevenue, FY2024: 19.5B HKDRevenue, FY2025: 20.29B HKDOperating income, FY2021: 10.82B HKDOperating income, FY2022: 3.82B HKDOperating income, FY2023: 5.5B HKDOperating income, FY2024: 1.67B HKDOperating income, FY2025: 4.44B HKDNet income, FY2021: 10.36B HKDNet income, FY2022: 2.75B HKDNet income, FY2023: 3.24B HKDNet income, FY2024: 808M HKDNet income, FY2025: 938M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 15.33B HKD. Revenue FY2022 14.59B HKD. Revenue FY2023 13.09B HKD. Revenue FY2024 19.5B HKD. Revenue FY2025 20.29B HKD. Operating income FY2021 10.82B HKD. Operating income FY2022 3.82B HKD. Operating income FY2023 5.5B HKD. Operating income FY2024 1.67B HKD. Operating income FY2025 4.44B HKD. Net income FY2021 10.36B HKD. Net income FY2022 2.75B HKD. Net income FY2023 3.24B HKD. Net income FY2024 808M HKD. Net income FY2025 938M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue20.29B HKD19.5B HKD13.09B HKD14.59B HKD15.33B HKD
Cost of goods sold14.36B HKD13.11B HKD6.37B HKD7.61B HKD6.58B HKD
Gross profit5.93B HKD6.39B HKD6.72B HKD6.98B HKD8.74B HKD
Selling, general, and administrative1.95B HKD1.97B HKD1.78B HKD1.72B HKD2B HKD
Operating expenses1.5B HKD4.72B HKD1.22B HKD3.16B HKD−2.08B HKD
Interest income497M HKD578M HKD659.61M HKD593.89M HKD561.71M HKD
Interest expense714M HKD661M HKD824.2M HKD301.36M HKD562.66M HKD
Depreciation and amortization452M HKD342.07M HKD444.29M HKD482.91M HKD520.34M HKD
Operating income4.44B HKD1.67B HKD5.5B HKD3.82B HKD10.82B HKD
Net income938M HKD808M HKD3.24B HKD2.75B HKD10.36B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
18%
2 beats, 9 misses, 0 met estimates
Average EPS surprise
-26.53%
11 comparable reports
Latest EPS result
0.54
Estimate 0.7 · Miss by 22.89%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.330.950.570.19Q3 '23MissQ1 '24MissQ3 '24MissQ1 '25MissQ3 '25BeatQ1 '26MissQ3 '26MissQ1 '27Estimate
Q3 2023, reported Aug 29, 2023: actual 1.2, estimate 1.25, surprise -4.00%, Miss. Q1 2024, reported Mar 20, 2024: actual 1.04, estimate 1.11, surprise -6.31%, Miss. Q3 2024, reported Aug 21, 2024: actual 0.97, estimate 1.13, surprise -14.16%, Miss. Q1 2025, reported Mar 19, 2025: actual 0.27, estimate 0.85, surprise -68.24%, Miss. Q3 2025, reported Aug 20, 2025: actual 0.67, estimate 0.45, surprise +48.89%, Beat. Q1 2026, reported Mar 23, 2026: actual 0.22, estimate 0.85, surprise -74.12%, Miss. Q3 2026, reported Aug 24, 2026: actual 0.539, estimate 0.699, surprise -22.89%, Miss. Q1 2027, reported Mar 18, 2027: actual —, estimate 0.7, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates15.26B11.42B7.59B3.75BQ3 '23MissQ1 '24BeatQ3 '24BeatQ1 '25BeatQ3 '25BeatQ1 '26BeatQ3 '26MissQ1 '27Estimate
Q3 2023, reported Aug 29, 2023: actual 5.47B HKD, estimate 8.11B HKD, surprise -32.50%, Miss. Q1 2024, reported Mar 20, 2024: actual 7.62B HKD, estimate 7.57B HKD, surprise +0.63%, Beat. Q3 2024, reported Aug 21, 2024: actual 5.04B HKD, estimate 4.41B HKD, surprise +14.36%, Beat. Q1 2025, reported Mar 19, 2025: actual 14.46B HKD, estimate 8.73B HKD, surprise +65.69%, Beat. Q3 2025, reported Aug 20, 2025: actual 8.06B HKD, estimate 6.99B HKD, surprise +15.36%, Beat. Q1 2026, reported Mar 23, 2026: actual 11.51B HKD, estimate 10.25B HKD, surprise +12.32%, Beat. Q3 2026, reported Aug 24, 2026: actual 5.55B HKD, estimate 6.8B HKD, surprise -18.38%, Miss. Q1 2027, reported Mar 18, 2027: actual —, estimate 6.8B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$1.35

2025 complete year-63.0% since 2021

2026 partial: HK$0.95

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 27, 2026

HK$0.95

Semi-Annual

Record May 28, 2026 · Payment Jun 10, 2026

Dividend

Ex-dividend Sep 10, 2025

HK$0.40

Semi-Annual

Record Sep 11, 2025 · Payment Sep 23, 2025

Dividend

Ex-dividend May 27, 2025

HK$0.95

Semi-Annual

Record May 28, 2025 · Payment Jun 10, 2025

Dividend

Ex-dividend Sep 11, 2024

HK$0.40

Semi-Annual

Record Sep 12, 2024 · Payment Sep 25, 2024

Dividend

Ex-dividend May 22, 2024

HK$0.95

Semi-Annual

Record May 23, 2024 · Payment Jun 5, 2024

Dividend

Ex-dividend Sep 14, 2023

HK$0.40

Semi-Annual

Record Sep 15, 2023 · Payment Sep 28, 2023

ETFs holding 0683.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
125.1M
Weight
2.13%
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
32.32M
Weight
0.37%
AUM
8.67B USD
Expense ratio
0.50%
Price / 1D
$45.09+0.33%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
20.82M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
14.07M
Weight
0.00%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
10.78M
Weight
0.01%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
Avantis International Small Cap Value ETF logoAvantis International Small Cap Value ETFAVDV
Market value
9.78M
Weight
0.05%
AUM
20.24B USD
Expense ratio
0.36%
Price / 1D
$111.95+1.06%
Dimensional - International Small Cap Value ETF logoDimensional - International Small Cap Value ETFDISV
Market value
6.91M
Weight
0.13%
AUM
5.23B USD
Expense ratio
0.42%
Price / 1D
$44.49+0.86%
Vanguard Global ex-U.S. Real Estate ETF logoVanguard Global ex-U.S. Real Estate ETFVNQI
Market value
5.31M
Weight
0.13%
AUM
3.9B USD
Expense ratio
0.12%
Price / 1D
$45.71+0.04%

Continue in GoAI

Research 0683.HK

research.disclaimer