Hang Lung Properties Limited
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing, Property Sales, and Hotel segments. The company is involved in the development, lease, and sale of properties. Its investment properties portfolio includes shopping malls, office and residenti… Read more
Hang Lung Properties Limited (AOP) - Net Assets
Latest net assets as of June 2025: €143.08 Billion EUR
Based on the latest financial reports, Hang Lung Properties Limited (AOP) has net assets worth €143.08 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€221.37 Billion) and total liabilities (€78.29 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €143.08 Billion |
| % of Total Assets | 64.63% |
| Annual Growth Rate | 0.15% |
| 5-Year Change | -4.82% |
| 10-Year Change | 4.57% |
| Growth Volatility | 3.55 |
Hang Lung Properties Limited - Net Assets Trend (2014–2024)
This chart illustrates how Hang Lung Properties Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hang Lung Properties Limited (2014–2024)
The table below shows the annual net assets of Hang Lung Properties Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €141.05 Billion | -0.75% |
| 2023-12-31 | €142.12 Billion | -0.71% |
| 2022-12-31 | €143.15 Billion | -6.06% |
| 2021-12-31 | €152.38 Billion | +2.83% |
| 2020-12-31 | €148.19 Billion | +0.25% |
| 2019-12-31 | €147.81 Billion | +2.94% |
| 2018-12-31 | €143.59 Billion | +0.95% |
| 2017-12-31 | €142.25 Billion | +7.64% |
| 2016-12-31 | €132.15 Billion | -2.04% |
| 2015-12-31 | €134.89 Billion | -2.96% |
| 2014-12-31 | €139.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hang Lung Properties Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 14.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €96.39 Billion | 73.25% |
| Other Components | €35.20 Billion | 26.75% |
| Total Equity | €131.59 Billion | 100.00% |
Hang Lung Properties Limited Competitors by Market Cap
The table below lists competitors of Hang Lung Properties Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CTP N.V
PINK:CTPVF
|
$1.87 Billion |
|
Joinn Laboratories(China)Co
SHG:603127
|
$1.87 Billion |
|
Webull Corp
NASDAQ:BULL
|
$1.87 Billion |
|
Nordic Semiconductor ASA
PINK:NRSDY
|
$1.87 Billion |
|
China Merchants Port Holdings Company Limited
PINK:CMHHF
|
$1.87 Billion |
|
Ocular Therapeutix Inc
NASDAQ:OCUL
|
$1.87 Billion |
|
Glodon Software Co Ltd
SHE:002410
|
$1.87 Billion |
|
Anywhere Real Estate Inc
NYSE:HOUS
|
$1.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hang Lung Properties Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 132,408,000,000 to 131,587,000,000, a change of -821,000,000 (-0.6%).
- Net income of 2,153,000,000 contributed positively to equity growth.
- Dividend payments of 1,164,000,000 reduced retained earnings.
- Other factors decreased equity by 1,810,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.15 Billion | +1.64% |
| Dividends Paid | €1.16 Billion | -0.88% |
| Other Changes | €-1.81 Billion | -1.38% |
| Total Change | €- | -0.62% |
Book Value vs Market Value Analysis
This analysis compares Hang Lung Properties Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €30.27 | €1.06 | x |
| 2018-12-31 | €30.58 | €1.06 | x |
| 2019-12-31 | €30.83 | €1.06 | x |
| 2020-12-31 | €30.75 | €1.06 | x |
| 2021-12-31 | €31.50 | €1.06 | x |
| 2022-12-31 | €29.65 | €1.06 | x |
| 2023-12-31 | €29.43 | €1.06 | x |
| 2024-12-31 | €27.51 | €1.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hang Lung Properties Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.15%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.68x
- Recent ROE (1.64%) is below the historical average (3.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.84% | 68.42% | 0.09x | 1.46x | €-1.53 Billion |
| 2015 | 3.95% | 56.43% | 0.05x | 1.43x | €-7.81 Billion |
| 2016 | 4.89% | 47.44% | 0.07x | 1.38x | €-6.46 Billion |
| 2017 | 5.97% | 72.54% | 0.06x | 1.35x | €-5.49 Billion |
| 2018 | 5.87% | 85.86% | 0.05x | 1.36x | €-5.68 Billion |
| 2019 | 4.45% | 69.72% | 0.04x | 1.44x | €-7.69 Billion |
| 2020 | -1.86% | -28.65% | 0.04x | 1.53x | €-16.40 Billion |
| 2021 | 2.73% | 37.48% | 0.05x | 1.58x | €-10.30 Billion |
| 2022 | 2.88% | 37.07% | 0.05x | 1.59x | €-9.50 Billion |
| 2023 | 3.00% | 38.48% | 0.05x | 1.64x | €-9.27 Billion |
| 2024 | 1.64% | 19.15% | 0.05x | 1.68x | €-11.01 Billion |
Industry Comparison
This section compares Hang Lung Properties Limited's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,177,305,112
- Average return on equity (ROE) among peers: 3.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hang Lung Properties Limited (AOP) | €143.08 Billion | 8.84% | 0.55x | $1.87 Billion |
| Intea Fastigheter AB (publ) (1DZ0) | $8.99 Billion | 10.06% | 1.40x | $1.74 Billion |
| The RMR Group Inc (26R) | $289.66 Million | 14.60% | 0.32x | $202.36 Million |
| Latvian Forest Company AB (publ) (2FD) | $33.43 Million | 0.82% | 0.28x | $19.45 Million |
| PHN (2PN) | $2.05 Billion | 2.33% | 0.36x | $30.54 Million |
| AMASTEN (4M2B) | $17.10 Million | -53.22% | 0.33x | $207.35 Million |
| ZUEBLIN IMMO.H.NAM.SF22,5 (61Z1) | $138.51 Million | 3.84% | 0.68x | $135.94 Million |
| Accentro Real Estate AG (A4Y) | $153.70 Million | 13.11% | 1.26x | $104.15 |
| Hasen-Immobilien AG (ABHA) | $62.88 Million | 26.88% | 3.42x | $6.07 Million |
| AGROB Immobilien AG (AGR3) | $32.34 Million | 0.04% | 3.66x | $55.86 Million |
| The Grounds Real Estate Development AG (AMM) | $7.44 Million | 15.96% | 2.76x | $6.03 Million |