Ho Bee Land Limited

Ho Bee Land Limited

SSGX:H13
1.88
SGD
-0.01
(-0.53%)
1.40BMarket Cap
Mar 01Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.21
0.15
0.19
0.45
0.25
0.3
0.32
0.32
0.52
0.66
0.67
0.8
0.66
- -
Basic EPS, GAAP
0.87
0.47
0.36
0.33
0.37
0.41
0.5
0.21
0.5
0.25
-0.39
0.16
0.15
- -
Free Cash Flow per Basic Share
0.09
-0.01
-0.03
0.27
0.16
0.32
0.2
0.07
0.08
0.07
0.48
0.42
0.26
- -
Dividend per Share
0.05
0.08
0.05
0.07
0.06
0.1
0.1
0.1
0.1
0.1
0.08
0.03
0.04
0.1
Book Value per Share
3.48
3.9
4.23
4.39
4.7
4.67
5.32
5.46
5.92
5.9
5.42
5.56
5.67
5.32
Tangible Book Value per Share
3.48
3.9
4.23
4.39
4.7
4.67
5.32
5.46
5.92
5.9
5.42
5.56
5.67
5.32
Basic Weighted Avg Shares
677
668
667
666
666
665
665
665
664
664
664
664
664
665
Sales/Revenue/Turnover
139
100
130
299
165
197
212
216
348
436
445
528
440
- -
Operating Margin (%)
19.34
53.12
63.95
44.9
64.43
70.36
77.37
80.04
55.91
60.88
57.45
48.06
51.47
- -
Depreciation Expense
1
1
1
1
1
1
1
1
1
1
1
1
1
- -
Net Income, GAAP
592
315
242
217
249
270
332
137
331
166
-260
110
100
- -
Effective Tax Rate (%)
0.7
2.29
6.54
8.33
10.17
15.52
9.24
17.01
4.91
6.07
- -
27.95
23.14
- -
Profit Margin (%)
424.69
316.25
186.44
72.39
151.38
137.19
156.43
63.55
95.06
38.08
-58.41
20.75
22.77
- -
Working Capital
-151
21
-93
187
104
-90
50
-153
-319
-323
81
317
93
-112
LT Debt
99
752
1,195
1,111
1,181
2,068
2,146
1,996
1,803
2,194
2,585
2,419
1,983
2,057
Total Equity
2,348
2,616
2,834
2,939
3,142
3,300
3,553
3,641
3,950
3,930
3,610
3,705
3,777
3,553
Return on Invested Capital (%)
22.88
10.52
7.07
4.86
4.25
4.28
6.27
2.15
4.22
2.52
- -
3.18
2.74
- -
Return on Capital (%)
22.93
10.54
6.69
5.65
6.22
5.99
6.53
2.82
5.74
3.62
- -
3.45
3.05
- -
Return on Common Equity (%)
28.74
12.77
8.94
7.54
8.24
8.42
9.74
3.83
8.75
4.23
-6.92
3.01
2.69
- -

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
122
277
357
LT Borrowings
2,264
2,146
2,057
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
665
665
665
Market Capitalization
1,550
1,603
1,404

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
419
453
387
Cash, Cash Equivalents & STI
156
191
88
Accounts Receivable, Net
30
7
38
Inventories
224
226
251
Total Current Liabilities
237
403
499
Payables & Accruals
- -
- -
- -
ST Debt
122
277
357
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.02%
0.89%
1.96%
Free Cash Flow
-39.62%
105.9%
-36.47%
Net Income, GAAP
-33.89%
-63.2%
-8.54%
Sales/Revenue/Turnover
20.51%
18.13%
-16.66%
Total Cash Common Dividend
- -
- -
33.34%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
528
2025
- -
- -
440
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.16
2025
- -
- -
0.15
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.03
2025
- -
- -
0.04
2026
- -
- -
- -

Company Description

CEO
Wee Chern Chua
Full Time Employees
250
Sector
Finance
Industry
Real estate investment trusts
Address
9 North Buona Vista Drive Singapore CE Singapore 138588
IPO Date
Dec 2, 1999
Website
hobee.com
Business
Ho Bee Land Limited, a Singapore-listed real estate developer and investor (SGX: H13), specializes in high-end residential properties, prime commercial offices, and high-tech industrial and biomedical facilities; its core offerings encompass luxury condominiums such as those pioneering Sentosa Cove including Cape Royale and The Berth by the Cove, Grade A office developments like The Metropolis at one-north which serves as its global headquarters, and innovative biomedical sciences projects including the recently completed Elementum; the company also manages investment portfolios featuring landmark London offices such as The Scalpel at 52 Lime Street, Ropemaker Place, and 1 St Martin’s Le Grand. Founded in 1987 and headquartered at The Metropolis in Singapore, Ho Bee operates across Singapore, Australia, the United Kingdom, China, and Europe, targeting affluent residential buyers, corporate tenants, and innovation-driven enterprises in key urban and growth precincts. Recent developments include the acquisition of five residential sites in Queensland and Victoria, Australia, for A$96.6 million to yield 1,079 lots as part of master-planned communities in 2025; the sale of a 49% interest in Elementum; issuance of S$160 million green notes due 2029 to fund sustainable projects; a non-binding indicative offer for AVJennings Limited; site acquisitions in Melbourne and Queensland; extension of cooperation with Yanlord to Tianjin, China; and divestments such as Rose Court in London for £94.5 million and Munich's Elementum office.