Midland Holdings Limited logo

Midland Holdings Limited

1200.HK

HKSEReal EstateReal Estate - Services

Latest quote

HK$2.375

+HK$0.105 · +4.63%

Aug 24, 11:59 AM HKT

1200.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Midland Holdings Limited functions as an investment holding firm with a core business centered on real estate brokerage throughout Hong Kong, Macau, and mainland China. The company's services extend to both residential properties and various non-residential sectors, including industrial, commercial, and retail spaces. Its comprehensive offerings also feature money lending, detailed project planning, commercial property administration, and strategic marketing and sales development. Additionally, Midland Holdings provides surveying, property leasing, and general property management services. The company further offers immigration advisory, specialized surveying consultations—which cover valuation, development studies, sales, marketing, tender processes, and project auctions—and operates an online platform. Moreover, it engages in property investment and delivers marketing and referral support for international real estate developments. Founded in 1973, Midland Holdings Limited maintains its principal office in Central, Hong Kong.

Industry
Real Estate - Services
Sector
Real Estate
Headquarters
HK
CEO
Kin Yip Wong
Listed since
Jun 8, 1995
Employees
4,781

Market position

Day range

Current HK$2.375

52-week range

Current HK$2.375

Open
HK$2.30
Previous close
HK$2.27
Volume
2.9M
2.14× average
Average volume
1.36M
Average daily volume
Market cap
1.7B HKD
Beta
0.98
Market reference 1
50-day average
HK$2.2667
+4.78% above average
200-day average
HK$2.6087
-8.96% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
954.92M HKD
P/E (TTM)
4.03×
P/B (TTM)
1.22×
P/S (TTM)
0.31×
EV / EBITDA
1.81×
Earnings yield
25.54%
Free cash flow yield
32.85%
Dividend yield
3.79%

Profitability & efficiency

Gross margin
53.86%
Operating margin
9.04%
Net margin
7.68%
Return on equity
30.11%
Return on assets
9.00%
Return on invested capital
23.89%

Financial health

Debt / equity
0.21×
Current ratio
1.36×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends112%65%17%-30%Gross margin, FY2021: 9.25%Gross margin, FY2022: -9.15%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 100.00%Operating margin, FY2021: 2.52%Operating margin, FY2022: -17.95%Operating margin, FY2023: -0.44%Operating margin, FY2024: 6.32%Operating margin, FY2025: 9.04%Net margin, FY2021: 1.67%Net margin, FY2022: -17.14%Net margin, FY2023: -1.03%Net margin, FY2024: 5.26%Net margin, FY2025: 7.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 9.25%. Gross margin FY2022 -9.15%. Gross margin FY2023 100.00%. Gross margin FY2024 100.00%. Gross margin FY2025 100.00%. Operating margin FY2021 2.52%. Operating margin FY2022 -17.95%. Operating margin FY2023 -0.44%. Operating margin FY2024 6.32%. Operating margin FY2025 9.04%. Net margin FY2021 1.67%. Net margin FY2022 -17.14%. Net margin FY2023 -1.03%. Net margin FY2024 5.26%. Net margin FY2025 7.68%.

Income trends

Revenue

5.5B HKD-9.61%

Operating income

497.43M HKD+29.34%

Net income

422.68M HKD+31.95%
Income trends across reported periods6.75B HKD4.09B HKD1.43B HKD−1.22B HKDRevenue, FY2021: 6B HKDRevenue, FY2022: 3.12B HKDRevenue, FY2023: 4.08B HKDRevenue, FY2024: 6.09B HKDRevenue, FY2025: 5.5B HKDOperating income, FY2021: 150.96M HKDOperating income, FY2022: −559.27M HKDOperating income, FY2023: −17.9M HKDOperating income, FY2024: 384.59M HKDOperating income, FY2025: 497.43M HKDNet income, FY2021: 100.21M HKDNet income, FY2022: −533.97M HKDNet income, FY2023: −41.92M HKDNet income, FY2024: 320.32M HKDNet income, FY2025: 422.68M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6B HKD. Revenue FY2022 3.12B HKD. Revenue FY2023 4.08B HKD. Revenue FY2024 6.09B HKD. Revenue FY2025 5.5B HKD. Operating income FY2021 150.96M HKD. Operating income FY2022 −559.27M HKD. Operating income FY2023 −17.9M HKD. Operating income FY2024 384.59M HKD. Operating income FY2025 497.43M HKD. Net income FY2021 100.21M HKD. Net income FY2022 −533.97M HKD. Net income FY2023 −41.92M HKD. Net income FY2024 320.32M HKD. Net income FY2025 422.68M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue5.5B HKD6.09B HKD4.08B HKD3.12B HKD6B HKD
Cost of goods sold2.68B HKD2.69B HKD2.45B HKD2.64B HKD3.64B HKD
Gross profit5.5B HKD6.09B HKD4.08B HKD−285.16M HKD555.17M HKD
Selling, general, and administrative4.52B HKD5.16B HKD134.3M HKD150.74M HKD144.81M HKD
Operating expenses5B HKD5.7B HKD4.1B HKD3.69B HKD5.85B HKD
Interest income2.17M HKD5.65M HKD3.84M HKD176K HKD206K HKD
Interest expense16.89M HKD27.57M HKD42.26M HKD33.35M HKD30.07M HKD
Depreciation and amortization22.43M HKD46.2M HKD476.61M HKD651.18M HKD628.62M HKD
Operating income497.43M HKD384.59M HKD−17.9M HKD−559.27M HKD150.96M HKD
Net income422.68M HKD320.32M HKD−41.92M HKD−533.97M HKD100.21M HKD

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

HK$0.082

2018 complete year-61.0% since 2009

2026 partial: HK$0.09

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 10, 2026

HK$0.09

Special

Record Jun 11, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Sep 11, 2018

HK$0.032

Quarterly

Record Sep 12, 2018 · Payment Sep 21, 2018

Dividend

Ex-dividend Jun 5, 2018

HK$0.05

Quarterly

Record Jun 6, 2018 · Payment Jun 14, 2018

Dividend

Ex-dividend May 23, 2013

HK$0.10

Special

Record May 24, 2013 · Payment May 31, 2013

Dividend

Ex-dividend Sep 7, 2012

HK$0.1434

Quarterly

Record Sep 10, 2012 · Payment Sep 20, 2012

Dividend

Ex-dividend May 30, 2012

HK$0.0834

Special

Record May 31, 2012 · Payment Jun 8, 2012

1200.HK peers

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

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