Hong Kong Land Holdings Ltd (HKLB) - Net Assets
Based on the latest financial reports, Hong Kong Land Holdings Ltd (HKLB) has net assets worth $29.76 Billion USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($38.66 Billion) and total liabilities ($8.90 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. Check Hong Kong Land Holdings Ltd (HKLB) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $29.76 Billion |
| % of Total Assets | 76.98% |
| Annual Growth Rate | 4.63% |
| 5-Year Change | -16.15% |
| 10-Year Change | 4.35% |
| Growth Volatility | 20.83 |
Hong Kong Land Holdings Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Hong Kong Land Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hong Kong Land Holdings Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Hong Kong Land Holdings Ltd (1997–2024)
The table below shows the annual net assets of Hong Kong Land Holdings Ltd from 1997 to 2024. For live valuation and market cap data, see how much is Hong Kong Land Holdings Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $29.97 Billion | -6.31% |
| 2023-12-31 | $31.99 Billion | -4.02% |
| 2022-12-31 | $33.33 Billion | -3.73% |
| 2021-12-31 | $34.62 Billion | -3.13% |
| 2020-12-31 | $35.74 Billion | -6.66% |
| 2019-12-31 | $38.29 Billion | -0.21% |
| 2018-12-31 | $38.37 Billion | +4.24% |
| 2017-12-31 | $36.81 Billion | +17.54% |
| 2016-12-31 | $31.31 Billion | +9.03% |
| 2015-12-31 | $28.72 Billion | +4.07% |
| 2014-12-31 | $27.60 Billion | +2.60% |
| 2013-12-31 | $26.90 Billion | +2.73% |
| 2012-12-31 | $26.18 Billion | +5.74% |
| 2011-12-31 | $24.76 Billion | +27.14% |
| 2010-12-31 | $19.48 Billion | +51.09% |
| 2009-12-31 | $12.89 Billion | -3.82% |
| 2009-01-31 | $13.40 Billion | 0.00% |
| 2008-12-31 | $13.40 Billion | +12.09% |
| 2007-12-31 | $11.96 Billion | +28.52% |
| 2006-12-31 | $9.30 Billion | +28.92% |
| 2005-12-31 | $7.22 Billion | +38.63% |
| 2004-12-31 | $5.21 Billion | +42.98% |
| 2003-12-31 | $3.64 Billion | -26.56% |
| 2002-12-31 | $4.96 Billion | -18.03% |
| 2001-12-31 | $6.05 Billion | -12.93% |
| 2000-12-31 | $6.95 Billion | +32.94% |
| 1999-12-31 | $5.23 Billion | +6.10% |
| 1998-12-31 | $4.93 Billion | -44.25% |
| 1997-12-31 | $8.84 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hong Kong Land Holdings Ltd'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 3043060000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $30.43 Billion | 101.64% |
| Common Stock | $220.70 Million | 0.74% |
| Other Comprehensive Income | $-711.20 Million | -2.38% |
| Total Equity | $29.94 Billion | 100.00% |
Hong Kong Land Holdings Ltd Competitors by Market Cap
The table below lists competitors of Hong Kong Land Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
$17.40 Billion |
|
Will Semiconductor Co Ltd
SHG:603501
|
$17.41 Billion |
|
Dongfang Electric Corp Ltd Class A
SHG:600875
|
$17.41 Billion |
|
Santander Bank Polska SA
WAR:SPL
|
$17.44 Billion |
|
Banco Bradesco S.A.
SA:BBDC3
|
$17.38 Billion |
|
Twilio Inc
NYSE:TWLO
|
$17.34 Billion |
|
Viatris Inc
NASDAQ:VTRS
|
$17.32 Billion |
|
Sichuan Tianqi Lithium Industries Inc
SHE:002466
|
$17.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hong Kong Land Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,965,400,000 to 29,940,100,000, a change of -2,025,300,000 (-6.3%).
- Net loss of 1,384,900,000 reduced equity.
- Dividend payments of 478,200,000 reduced retained earnings.
- Other comprehensive income decreased equity by 156,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.38 Billion | -4.63% |
| Dividends Paid | $478.20 Million | -1.6% |
| Other Comprehensive Income | $-156.40 Million | -0.52% |
| Other Changes | $-5.80 Million | -0.02% |
| Total Change | $- | -6.34% |
Book Value vs Market Value Analysis
This analysis compares Hong Kong Land Holdings Ltd'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: 0.55x
- 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.
- The price-to-book ratio has decreased from 2.19x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $3.38 | $7.41 | x |
| 1998-12-31 | $1.95 | $7.41 | x |
| 1999-12-31 | $2.07 | $7.41 | x |
| 2000-12-31 | $2.76 | $7.41 | x |
| 2001-12-31 | $2.54 | $7.41 | x |
| 2002-12-31 | $2.23 | $7.41 | x |
| 2003-12-31 | $1.64 | $7.41 | x |
| 2004-12-31 | $2.34 | $7.41 | x |
| 2005-12-31 | $3.24 | $7.41 | x |
| 2006-12-31 | $3.98 | $7.41 | x |
| 2007-12-31 | $4.93 | $7.41 | x |
| 2008-12-31 | $5.57 | $7.41 | x |
| 2009-12-31 | $5.42 | $7.41 | x |
| 2010-12-31 | $8.27 | $7.41 | x |
| 2011-12-31 | $10.58 | $7.41 | x |
| 2012-12-31 | $11.15 | $7.41 | x |
| 2013-12-31 | $11.41 | $7.41 | x |
| 2014-12-31 | $11.71 | $7.41 | x |
| 2015-12-31 | $12.19 | $7.41 | x |
| 2016-12-31 | $13.30 | $7.41 | x |
| 2017-12-31 | $15.63 | $7.41 | x |
| 2018-12-31 | $16.37 | $7.41 | x |
| 2019-12-31 | $16.39 | $7.41 | x |
| 2020-12-31 | $15.30 | $7.41 | x |
| 2021-12-31 | $14.85 | $7.41 | x |
| 2022-12-31 | $14.78 | $7.41 | x |
| 2023-12-31 | $14.43 | $7.41 | x |
| 2024-12-31 | $13.57 | $7.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hong Kong Land Holdings Ltd 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): -4.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -69.17%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.30x
- Recent ROE (-4.63%) is below the historical average (6.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 4.44% | 79.11% | 0.04x | 1.26x | $-490.79 Million |
| 1998 | 2.55% | 27.97% | 0.06x | 1.45x | $-366.88 Million |
| 1999 | 5.11% | 63.76% | 0.06x | 1.42x | $-255.46 Million |
| 2000 | 5.10% | 91.75% | 0.04x | 1.36x | $-340.08 Million |
| 2001 | -6.88% | -104.92% | 0.05x | 1.36x | $-1.02 Billion |
| 2002 | -16.65% | -208.17% | 0.05x | 1.49x | $-1.32 Billion |
| 2003 | -15.61% | -148.11% | 0.06x | 1.81x | $-932.32 Million |
| 2004 | 32.44% | 412.69% | 0.05x | 1.64x | $1.17 Billion |
| 2005 | 28.56% | 560.61% | 0.03x | 1.64x | $1.34 Billion |
| 2006 | 20.74% | 343.12% | 0.04x | 1.63x | $987.67 Million |
| 2007 | 24.13% | 305.93% | 0.05x | 1.56x | $1.67 Billion |
| 2008 | -0.82% | -10.70% | 0.06x | 1.35x | $-1.44 Billion |
| 2009 | 12.87% | 124.08% | 0.07x | 1.53x | $365.51 Million |
| 2010 | 24.36% | 353.53% | 0.06x | 1.24x | $2.79 Billion |
| 2011 | 21.45% | 433.64% | 0.04x | 1.17x | $2.83 Billion |
| 2012 | 5.50% | 129.04% | 0.04x | 1.22x | $-1.18 Billion |
| 2013 | 4.43% | 64.06% | 0.06x | 1.23x | $-1.50 Billion |
| 2014 | 4.82% | 70.75% | 0.06x | 1.22x | $-1.43 Billion |
| 2015 | 7.01% | 104.12% | 0.06x | 1.20x | $-856.80 Million |
| 2016 | 10.69% | 167.83% | 0.05x | 1.18x | $216.86 Million |
| 2017 | 15.19% | 285.00% | 0.05x | 1.17x | $1.91 Billion |
| 2018 | 6.41% | 89.37% | 0.06x | 1.17x | $-1.38 Billion |
| 2019 | 0.52% | 8.54% | 0.05x | 1.18x | $-3.63 Billion |
| 2020 | -7.43% | -126.63% | 0.05x | 1.24x | $-6.22 Billion |
| 2021 | -1.01% | -14.65% | 0.05x | 1.27x | $-3.81 Billion |
| 2022 | 0.61% | 9.03% | 0.05x | 1.28x | $-3.13 Billion |
| 2023 | -1.82% | -31.57% | 0.05x | 1.28x | $-3.78 Billion |
| 2024 | -4.63% | -69.17% | 0.05x | 1.30x | $-4.38 Billion |
Industry Comparison
This section compares Hong Kong Land Holdings Ltd's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hong Kong Land Holdings Ltd (HKLB) | $29.76 Billion | 4.44% | 0.30x | $17.39 Billion |
| Kambi Group PLC Series B (0EAW) | $172.15 Million | 8.66% | 0.25x | $494.35 Million |
| Embracer Group AB Series B (0GFE) | $6.40 Billion | 4.45% | 0.66x | $598.03 Million |
| STMicroelectronics NV (0INB) | $7.06 Billion | 23.07% | 0.67x | $536.57K |
| Uniti Group Inc. (0LJB) | $-2.07 Billion | 0.00% | 0.00x | $2.17 Billion |
| RTL Group SA (0MNC) | $3.05 Billion | 21.92% | 1.73x | $359.10K |
| Subsea 7 SA (0OGK) | $5.33 Billion | -1.57% | 0.36x | $348.17K |
| Stolt-Nielsen Limited (0OHK) | $2.15 Billion | 18.34% | 1.37x | $1.93 Billion |
| Aperam SA (0OLF) | $2.19 Billion | 8.63% | 0.88x | $509.44K |
| Gedeon Richter PLC (0QFP) | $678.00 Billion | 9.76% | 0.20x | $64.42 Million |
| Creades AB Series A (0QI9) | $10.16 Billion | 11.83% | 0.02x | $94.84 Million |
About Hong Kong Land Holdings Ltd
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. It operates through two segments, Prime Properties Investment and Build-to-Sell. The company owns and manages mixed-use real estate, including offices, luxury retail, residential, and hospital… Read more