Hang Lung Group Limited
Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and Mainland China. It operates through Property Leasing, Property Sales, and Hotels segments. The company develops properties for sale and lease, such as retail, office, residential and serviced apartments. It also operates hotels; and shopping malls, office and industrial premises, residential … Read more
Hang Lung Group Limited (HNLGF) - Net Assets
Latest net assets as of December 2024: $152.69 Billion USD
Based on the latest financial reports, Hang Lung Group Limited (HNLGF) has net assets worth $152.69 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($234.97 Billion) and total liabilities ($82.28 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 | $152.69 Billion |
| % of Total Assets | 64.98% |
| Annual Growth Rate | 4.81% |
| 5-Year Change | -4.17% |
| 10-Year Change | 8.83% |
| Growth Volatility | 19.04 |
Hang Lung Group Limited - Net Assets Trend (1993–2024)
This chart illustrates how Hang Lung Group 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 Group Limited (1993–2024)
The table below shows the annual net assets of Hang Lung Group Limited from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $152.69 Billion | -1.44% |
| 2023-12-31 | $154.92 Billion | -0.19% |
| 2022-12-31 | $155.21 Billion | -5.64% |
| 2021-12-31 | $164.49 Billion | +3.23% |
| 2020-12-31 | $159.34 Billion | +0.64% |
| 2019-12-31 | $158.33 Billion | +5.04% |
| 2018-12-31 | $150.74 Billion | +0.79% |
| 2017-12-31 | $149.56 Billion | +8.36% |
| 2016-12-31 | $138.01 Billion | -1.63% |
| 2015-12-31 | $140.30 Billion | -3.04% |
| 2014-12-31 | $144.70 Billion | +6.08% |
| 2013-12-31 | $136.41 Billion | +5.24% |
| 2012-12-31 | $129.62 Billion | +6.97% |
| 2011-12-31 | $121.17 Billion | +24.70% |
| 2009-12-31 | $97.17 Billion | +29.65% |
| 2008-12-31 | $74.94 Billion | +4.00% |
| 2007-12-31 | $72.06 Billion | +23.19% |
| 2006-12-31 | $58.49 Billion | +26.26% |
| 2005-12-31 | $46.33 Billion | +4.52% |
| 2004-12-31 | $44.32 Billion | +25.89% |
| 2003-12-31 | $35.21 Billion | +19.24% |
| 2002-12-31 | $29.53 Billion | -8.82% |
| 2001-12-31 | $32.38 Billion | +72.95% |
| 2000-12-31 | $18.72 Billion | -2.95% |
| 1999-12-31 | $19.29 Billion | -41.28% |
| 1998-12-31 | $32.86 Billion | -9.88% |
| 1997-12-31 | $36.46 Billion | -22.45% |
| 1996-12-31 | $47.01 Billion | +19.08% |
| 1995-12-31 | $39.48 Billion | +5.27% |
| 1994-12-31 | $37.50 Billion | +5.33% |
| 1993-12-31 | $35.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hang Lung Group 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 8643800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $86.44 Billion | 90.25% |
| Common Stock | $4.07 Billion | 4.24% |
| Other Components | $5.27 Billion | 5.51% |
| Total Equity | $95.78 Billion | 100.00% |
Hang Lung Group Limited Competitors by Market Cap
The table below lists competitors of Hang Lung Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tuas Ltd
AU:TUA
|
$1.06 Billion |
|
Ruijie Networks Co. Ltd. A
SHE:301165
|
$1.06 Billion |
|
Indian Renewable Energy Development Agency Limited
NSE:IREDA
|
$1.06 Billion |
|
Berli Jucker Public Company Limited
STU:NVP8
|
$1.06 Billion |
|
Distribution Solutions Group Inc
NASDAQ:DSGR
|
$1.06 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
$1.06 Billion |
|
Norconsult ASA
OL:NORCO
|
$1.06 Billion |
|
Sunonwealth Electric Machine Industry Co Ltd
TW:2421
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hang Lung Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 94,360,000,000 to 95,776,000,000, a change of 1,416,000,000 (1.5%).
- Net income of 1,613,000,000 contributed positively to equity growth.
- Dividend payments of 1,171,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 4,098,000,000.
- Other factors increased equity by 5,072,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.61 Billion | +1.68% |
| Dividends Paid | $1.17 Billion | -1.22% |
| Other Comprehensive Income | $-4.10 Billion | -4.28% |
| Other Changes | $5.07 Billion | +5.3% |
| Total Change | $- | 1.50% |
Book Value vs Market Value Analysis
This analysis compares Hang Lung Group 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: 0.02x
- 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 |
|---|---|---|---|
| 1993-12-31 | $14.90 | $1.27 | x |
| 1994-12-31 | $15.86 | $1.27 | x |
| 1995-12-31 | $16.85 | $1.27 | x |
| 1996-12-31 | $19.36 | $1.27 | x |
| 1997-12-31 | $15.63 | $1.27 | x |
| 1998-12-31 | $14.06 | $1.27 | x |
| 1999-12-31 | $14.52 | $1.27 | x |
| 2000-12-31 | $14.13 | $1.27 | x |
| 2001-12-31 | $13.70 | $1.27 | x |
| 2002-12-31 | $12.85 | $1.27 | x |
| 2003-12-31 | $14.41 | $1.27 | x |
| 2004-12-31 | $17.09 | $1.27 | x |
| 2005-12-31 | $18.66 | $1.27 | x |
| 2006-12-31 | $21.63 | $1.27 | x |
| 2007-12-31 | $27.20 | $1.27 | x |
| 2008-12-31 | $28.66 | $1.27 | x |
| 2009-12-31 | $37.12 | $1.27 | x |
| 2011-12-31 | $44.59 | $1.27 | x |
| 2012-12-31 | $48.03 | $1.27 | x |
| 2013-12-31 | $52.01 | $1.27 | x |
| 2014-12-31 | $55.98 | $1.27 | x |
| 2015-12-31 | $55.62 | $1.27 | x |
| 2016-12-31 | $55.71 | $1.27 | x |
| 2017-12-31 | $61.04 | $1.27 | x |
| 2018-12-31 | $63.49 | $1.27 | x |
| 2019-12-31 | $67.05 | $1.27 | x |
| 2020-12-31 | $67.64 | $1.27 | x |
| 2021-12-31 | $70.39 | $1.27 | x |
| 2022-12-31 | $68.17 | $1.27 | x |
| 2023-12-31 | $69.30 | $1.27 | x |
| 2024-12-31 | $70.34 | $1.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hang Lung Group 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): 1.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.72%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.45x
- Recent ROE (1.68%) is below the historical average (8.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 10.30% | 36.99% | 0.12x | 2.42x | $58.33 Million |
| 1994 | 10.13% | 41.96% | 0.10x | 2.30x | $28.26 Million |
| 1995 | 10.02% | 32.79% | 0.13x | 2.29x | $3.77 Million |
| 1996 | 9.66% | 34.24% | 0.13x | 2.17x | $-89.51 Million |
| 1997 | 4.93% | 19.68% | 0.11x | 2.22x | $-1.06 Billion |
| 1998 | 6.77% | 35.90% | 0.08x | 2.45x | $-603.63 Million |
| 1999 | 4.53% | 30.94% | 0.06x | 2.57x | $-1.06 Billion |
| 2000 | 7.56% | 24.32% | 0.12x | 2.68x | $-456.04 Million |
| 2001 | 3.81% | 21.26% | 0.07x | 2.69x | $-1.12 Billion |
| 2002 | 2.86% | 14.26% | 0.07x | 2.73x | $-1.22 Billion |
| 2003 | 5.15% | 18.11% | 0.10x | 2.71x | $-928.78 Million |
| 2004 | 36.26% | 110.84% | 0.13x | 2.57x | $6.00 Billion |
| 2005 | 11.32% | 66.13% | 0.06x | 2.66x | $331.29 Million |
| 2006 | 29.53% | 179.83% | 0.06x | 2.62x | $5.68 Billion |
| 2007 | 20.43% | 71.22% | 0.11x | 2.54x | $3.84 Billion |
| 2008 | 6.83% | 56.17% | 0.05x | 2.55x | $-1.23 Billion |
| 2009 | 24.69% | 98.60% | 0.10x | 2.52x | $7.38 Billion |
| 2011 | 2.61% | 46.95% | 0.02x | 2.70x | $-4.47 Billion |
| 2012 | 8.07% | 65.89% | 0.04x | 2.80x | $-1.26 Billion |
| 2013 | 6.46% | 46.82% | 0.05x | 2.82x | $-2.50 Billion |
| 2014 | 8.98% | 38.77% | 0.09x | 2.70x | $-777.60 Million |
| 2015 | 4.25% | 33.70% | 0.05x | 2.59x | $-4.34 Billion |
| 2016 | 4.91% | 27.21% | 0.07x | 2.46x | $-3.85 Billion |
| 2017 | 6.39% | 45.13% | 0.06x | 2.36x | $-3.00 Billion |
| 2018 | 6.11% | 52.77% | 0.05x | 2.30x | $-3.36 Billion |
| 2019 | 7.47% | 72.24% | 0.04x | 2.34x | $-2.31 Billion |
| 2020 | -1.67% | -16.18% | 0.04x | 2.44x | $-10.75 Billion |
| 2021 | 2.70% | 23.71% | 0.05x | 2.48x | $-7.00 Billion |
| 2022 | 2.93% | 24.84% | 0.05x | 2.44x | $-6.56 Billion |
| 2023 | 2.98% | 25.83% | 0.05x | 2.45x | $-6.62 Billion |
| 2024 | 1.68% | 13.72% | 0.05x | 2.45x | $-7.96 Billion |
Industry Comparison
This section compares Hang Lung Group 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: $860,434,363
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hang Lung Group Limited (HNLGF) | $152.69 Billion | 10.30% | 0.54x | $1.06 Billion |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Americann Inc (ACAN) | $1.31 Million | -131.48% | 2.04x | $2.44K |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |