Sun Hung Kai Properties Limited

Sun Hung Kai Properties Limited

104.10
HKD
-3.30
(-3.07%)
216.34BMarket Cap
Feb 25Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
27.89
23.82
31.58
27.01
29.57
29.44
28.52
29.42
26.83
24.57
24.68
- -
- -
- -
Basic EPS, GAAP
12.45
11.09
11.31
14.44
17.3
15.56
8.18
9.23
8.82
8.25
6.57
- -
- -
- -
Free Cash Flow per Basic Share
-2.45
4.05
4.51
10.27
-0.53
4.08
15.02
4.3
3.92
7.49
6.87
- -
- -
- -
Dividend per Share
1.42
3.39
3.46
3.9
4.2
4.7
4.95
4.95
4.95
4.95
4.65
- -
- -
- -
Book Value per Share
152.21
156.82
161.9
173.39
187.43
196.76
198.63
204.91
207.71
207.75
209.36
- -
- -
208.78
Tangible Book Value per Share
150.55
155.4
160.61
171.48
185.71
195.23
197.15
203.43
205.7
206
207.86
- -
- -
207.41
Basic Weighted Avg Shares
2,693
2,804
2,887
2,895
2,897
2,897
2,898
2,898
2,898
2,898
2,898
2,898
2,898
2,898
Sales/Revenue/Turnover
75,100
66,783
91,184
78,207
85,644
85,302
82,653
85,262
77,747
71,195
71,506
- -
- -
- -
Operating Margin (%)
31.92
33.22
30.81
36.57
40.05
43.51
41.89
43.39
42.14
38.11
34.94
- -
- -
- -
Depreciation Expense
1,878
1,972
1,950
1,939
2,007
2,161
3,381
3,481
3,619
3,624
3,823
- -
- -
- -
Net Income, GAAP
33,520
31,082
32,666
41,800
50,125
45,083
23,690
26,752
25,560
23,907
19,046
- -
- -
- -
Effective Tax Rate (%)
15.28
12.85
16.06
13.71
14.16
15.55
20.31
25.17
17.79
13.84
16.87
- -
- -
- -
Profit Margin (%)
44.63
46.54
35.82
53.45
58.53
52.85
28.66
31.38
32.88
33.58
26.64
- -
- -
- -
Working Capital
145,822
146,456
142,559
145,766
158,872
176,513
186,320
169,634
187,274
189,369
186,651
- -
- -
175,114
LT Debt
74,490
72,316
63,275
61,936
78,788
85,838
87,016
96,897
110,100
119,168
118,282
- -
- -
109,431
Total Equity
419,689
456,818
474,508
507,363
548,432
575,819
590,415
599,626
606,744
606,796
611,071
- -
- -
609,444
Return on Invested Capital (%)
4.36
3.76
4.37
4.45
4.94
4.8
4.04
3.84
3.71
3.18
2.98
- -
- -
- -
Return on Capital (%)
7.23
6.12
6.18
7.58
8.4
7.05
3.65
3.92
3.68
3.52
2.96
- -
- -
- -
Return on Common Equity (%)
8.37
7.18
7.1
8.61
9.59
8.1
4.13
4.58
4.28
3.97
3.15
- -
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
ST Debt
21,757
11,372
13,617
LT Borrowings
115,427
116,589
109,431
LT Finance Leases
- -
1,693
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,898
2,898
2,898
Market Capitalization
244,736
195,760
216,336

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
Total Current Assets
244,705
248,663
239,368
Cash, Cash Equivalents & STI
8,654
16,969
15,160
Accounts Receivable, Net
3,793
3,645
3,959
Inventories
220,280
214,579
202,830
Total Current Liabilities
65,092
62,012
64,254
Payables & Accruals
- -
- -
- -
ST Debt
21,757
11,372
13,617
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
71,506
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6.57
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4.65
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Ping Luen Kwok
Full Time Employees
39,000
Sector
Finance
Industry
Real estate development
Address
Sun Hung Kai Centre Hong Kong Hong Kong
IPO Date
Sep 8, 1972
Website
shkp.com
Business
Sun Hung Kai Properties Limited (0016.HK), founded in 1963 and headquartered in Wan Chai, Hong Kong, serves as one of Asia's largest property developers with primary operations in Hong Kong and Mainland China, alongside select investments in Singapore and other international markets; the company develops and sells premium residential estates including Cullinan Sky, Sai Sha Residences (Sierra Sea), Victoria Harbour, YOHO series, NOVO LAND and Dynasty Court; constructs and invests in Grade-A offices such as International Finance Centre (IFC), International Commerce Centre (ICC) and International Gateway Centre (IGC); operates extensive retail shopping malls like New Town Plaza, APM, The Millennity, Scramble Hill, Cullinan Sky Mall and GO PARK Sai Sha; builds industrial estates and logistics facilities; manages hotels including The Ritz-Carlton, Four Seasons Suzhou, Andaz Nanjing and Royal Garden; provides property management through subsidiaries Hong Yip Service and Kai Shing Management; offers construction services via Sanfield including landscaping, electrical systems and concrete supply; and participates in non-property businesses such as telecommunications through SmarTone, data centres via SUNeVision, insurance brokerage and transport infrastructure. The Kwok family maintains controlling ownership exceeding 40% through a family trust. In recent developments, the company launched The Point Gold VIP loyalty programme in July 2025 for its malls, opened GO PARK Sai Sha sporting complex in early 2025 attracting over two million visits, reported HK$42.3 billion in attributable Hong Kong contracted sales for fiscal 2024/25 driven by projects like Cullinan Sky Phase 1 and Sierra Sea, advanced phased openings of Scramble Hill and Cullinan Sky Mall in late 2025, progressed completion of Shanghai's Three ITC mega-project including Tower B office, ITC Maison mall and Andaz hotel by year-end 2025, upgraded its MSCI ESG rating to AA with ICC achieving Asia's first LEED v5.0 Platinum for operations, installed 20,000 solar panels forming Hong Kong's largest network and completed a pioneering private solar farm on landfill, expanded its EV super-charging network to nearly 100 stations across 18 districts, and deepened strategic partnership with Wentworth via additional seed investment in December 2025 for Wentworth Private Credit platform targeting Australian real estate debt. The group holds substantial land banks of 57.9 million square feet gross floor area in Hong Kong and 75.3 million square feet in Mainland China, positioning it for sustained growth amid Hong Kong's economic transformation and policy support for talent and capital inflows.

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