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China Resources Land Limited logo

China Resources Land Limited

1109.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$34.22

−HK$1.16 · -3.28%

Aug 24, 4:08 PM HKT

1109.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Resources Land Limited, an investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China. The company operates through four segments: Development Property Business, Investment Property Business, Asset-light Management Business, and Eco-system Elementary Business. It engages in development and sale of residential properties, offices, and commercial premises; and leases investment properties comprising self-developed and under sublease, such as shopping malls, offices, hotels, apartments, and industrial park. In addition, the company is involved in the commercial operation and property management, as well as building operation, construction and operation services, rental housing business, industrial property, etc. The company was formerly known as China Resources (Beijing) Land Co., Ltd. and changed its name to China Resources Land Limited in 2001. China Resources Land Limited was founded in 1994 and is headquartered in Wan Chai, Hong Kong. China Resources Land Limited operates as a subsidiary of CRH (Land) Limited.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
HK
CEO
Xin Li
Listed since
Nov 7, 1996
Employees
59,077

Market position

Day range

Current HK$34.22

52-week range

Current HK$34.22

Open
HK$35.26
Previous close
HK$35.38
Volume
26.14M
1.12× average
Average volume
23.34M
Average daily volume
Market cap
244.02B HKD
Beta
0.7
Market reference 1
50-day average
HK$33.168
+3.17% above average
200-day average
HK$31.5318
+8.53% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
364.64B CNY
P/E (TTM)
8.31×
P/B (TTM)
0.72×
P/S (TTM)
0.74×
EV / EBITDA
7.87×
Earnings yield
13.10%
Free cash flow yield
19.54%
Dividend yield
3.88%

Profitability & efficiency

Gross margin
21.23%
Operating margin
16.06%
Net margin
8.95%
Return on equity
8.77%
Return on assets
2.35%
Return on invested capital
2.57%

Financial health

Debt / equity
0.99×
Current ratio
4.33×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends28%21%14%7%Gross margin, FY2021: 26.60%Gross margin, FY2022: 26.22%Gross margin, FY2023: 25.15%Gross margin, FY2024: 21.64%Gross margin, FY2025: 21.23%Operating margin, FY2021: 21.72%Operating margin, FY2022: 21.83%Operating margin, FY2023: 19.64%Operating margin, FY2024: 16.73%Operating margin, FY2025: 16.07%Net margin, FY2021: 15.47%Net margin, FY2022: 13.65%Net margin, FY2023: 12.49%Net margin, FY2024: 9.17%Net margin, FY2025: 9.03%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.60%. Gross margin FY2022 26.22%. Gross margin FY2023 25.15%. Gross margin FY2024 21.64%. Gross margin FY2025 21.23%. Operating margin FY2021 21.72%. Operating margin FY2022 21.83%. Operating margin FY2023 19.64%. Operating margin FY2024 16.73%. Operating margin FY2025 16.07%. Net margin FY2021 15.47%. Net margin FY2022 13.65%. Net margin FY2023 12.49%. Net margin FY2024 9.17%. Net margin FY2025 9.03%.

Income trends

Revenue

281.33B CNY+0.91%

Operating income

45.2B CNY-3.08%

Net income

25.41B CNY-0.66%
Income trends across reported periods306.92B CNY204.55B CNY102.18B CNY−184.43M CNYRevenue, FY2021: 256.5B CNYRevenue, FY2022: 234.34B CNYRevenue, FY2023: 251.14B CNYRevenue, FY2024: 278.8B CNYRevenue, FY2025: 281.33B CNYOperating income, FY2021: 55.71B CNYOperating income, FY2022: 51.16B CNYOperating income, FY2023: 49.32B CNYOperating income, FY2024: 46.64B CNYOperating income, FY2025: 45.2B CNYNet income, FY2021: 39.67B CNYNet income, FY2022: 31.99B CNYNet income, FY2023: 31.37B CNYNet income, FY2024: 25.58B CNYNet income, FY2025: 25.41B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 256.5B CNY. Revenue FY2022 234.34B CNY. Revenue FY2023 251.14B CNY. Revenue FY2024 278.8B CNY. Revenue FY2025 281.33B CNY. Operating income FY2021 55.71B CNY. Operating income FY2022 51.16B CNY. Operating income FY2023 49.32B CNY. Operating income FY2024 46.64B CNY. Operating income FY2025 45.2B CNY. Net income FY2021 39.67B CNY. Net income FY2022 31.99B CNY. Net income FY2023 31.37B CNY. Net income FY2024 25.58B CNY. Net income FY2025 25.41B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue281.33B CNY278.8B CNY251.14B CNY234.34B CNY256.5B CNY
Cost of goods sold221.61B CNY218.47B CNY187.98B CNY179.2B CNY188.27B CNY
Gross profit59.72B CNY60.33B CNY63.16B CNY61.44B CNY68.23B CNY
Selling, general, and administrative14.52B CNY13.8B CNY13.98B CNY11.28B CNY11.95B CNY
Operating expenses14.52B CNY13.7B CNY13.84B CNY11.57B CNY12.85B CNY
Interest income1.98B CNY2.97B CNY3.07B CNY2.66B CNY3.13B CNY
Interest expense2.92B CNY2.97B CNY1.58B CNY1.98B CNY1.68B CNY
Depreciation and amortization1.16B CNY1.53B CNY1.31B CNY1.52B CNY1.6B CNY
Operating income45.2B CNY46.64B CNY49.32B CNY51.16B CNY55.71B CNY
Net income25.41B CNY25.58B CNY31.37B CNY31.99B CNY39.67B CNY

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
3.57
FY2025 · -0.56% year over year
Latest fiscal-year revenue
281.33B CNY
FY2025 · +0.91% year over year
Next fiscal-year EPS consensus
3.25
FY2026 · 14 analysts
Next fiscal-year revenue consensus
241.54B CNY
FY2026 · 18 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend5.384.513.632.76FY21FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend354.33B294.05B233.78B173.5BFY21FY22FY23FY24FY25FY26FY27FY28

1109.HK peers

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Henderson Land Development Company Limited logo

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Swire Properties Limited logo

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ETFs holding 1109.HK

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

Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
181.64M
Weight
0.03%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.295-0.47%
Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
171.8M
Weight
0.10%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$59.995-0.75%
iShares Core MSCI Emerging Markets ETF logoiShares Core MSCI Emerging Markets ETFIEMG
Market value
149.09M
Weight
0.09%
AUM
160B USD
Expense ratio
0.09%
Price / 1D
$80.665-1.11%
Avantis Emerging Markets Equity ETF logoAvantis Emerging Markets Equity ETFAVEM
Market value
47.39M
Weight
0.17%
AUM
27.89B USD
Expense ratio
0.33%
Price / 1D
$93.2599-1.03%
iShares China Large-Cap ETF logoiShares China Large-Cap ETFFXI
Market value
45.34M
Weight
1.05%
AUM
4.27B USD
Expense ratio
0.73%
Price / 1D
$35.505-0.99%
Vanguard Global ex-U.S. Real Estate ETF logoVanguard Global ex-U.S. Real Estate ETFVNQI
Market value
44.08M
Weight
1.12%
AUM
3.9B USD
Expense ratio
0.12%
Price / 1D
$45.815+0.23%
Schwab Fundamental Emerging Markets Large Company Index ETF logoSchwab Fundamental Emerging Markets Large Company Index ETFFNDE
Market value
39.25M
Weight
0.38%
AUM
10.2B USD
Expense ratio
0.39%
Price / 1D
$41.685-0.44%
iShares MSCI Emerging Markets ETF logoiShares MSCI Emerging Markets ETFEEM
Market value
32.75M
Weight
0.10%
AUM
31.22B USD
Expense ratio
0.72%
Price / 1D
$66.23-1.33%

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