XHKG0034
Market cap622mUSD
Dec 23, Last price
3.70HKD
1D
-3.90%
1Q
9.79%
Jan 2017
-49.25%
Name
Kowloon Development Company Limited
Chart & Performance
Profile
Kowloon Development Company Limited, an investment holding company, engages in the investment, development, and management of properties in Hong Kong and Mainland China. The company develops, leases, and sells various residential and commercial projects, such as club houses, car parking facilities, retail shops, shopping arcades, and residential towers, as well as hotels and office buildings. As of December 31, 2021, its land bank for development totaled to approximately 3.6 million square meters of gross floor area. The company also provides security, technical, and housekeeping services; building surveying and guarding services; financial investments and services; and project management services, as well as undertakes construction contracts. In addition, it engages in the treasury operations; retail activities; and distribution of films and cinematograph films. The company was founded in 1961 and is headquartered in Mong Kok, Hong Kong. Kowloon Development Company Limited is a subsidiary of Intellinsight Holdings Limited.
Valuation
Title HKD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,942,765 -33.53% | 4,427,088 108.06% | 2,127,815 -55.67% | |||||||
Cost of revenue | 2,030,272 | 2,468,272 | 1,296,597 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 912,493 | 1,958,816 | 831,218 | |||||||
NOPBT Margin | 31.01% | 44.25% | 39.06% | |||||||
Operating Taxes | 166,415 | 403,884 | 106,286 | |||||||
Tax Rate | 18.24% | 20.62% | 12.79% | |||||||
NOPAT | 746,078 | 1,554,932 | 724,932 | |||||||
Net income | 337,195 -72.25% | 1,214,934 -45.00% | 2,209,081 175.84% | |||||||
Dividends | (975,562) | (670,453) | (952,018) | |||||||
Dividend yield | 14.03% | 7.71% | 7.86% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 3,788,288 | 14,488,973 | 2,053,727 | |||||||
Long-term debt | 19,941,162 | 9,461,934 | 13,847,412 | |||||||
Deferred revenue | 722,211 | 445,200 | ||||||||
Other long-term liabilities | (1,299,550) | (1,011,692) | ||||||||
Net debt | 22,627,769 | 19,508,264 | 10,748,396 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,452,871 | (6,066,589) | (2,118,424) | |||||||
CAPEX | (2,212) | (2,418) | (5,224) | |||||||
Cash from investing activities | 36,644 | (814,121) | (655,279) | |||||||
Cash from financing activities | (1,238,868) | 6,719,958 | 2,663,367 | |||||||
FCF | (24,353,315) | (6,426,706) | 9,845,075 | |||||||
Balance | ||||||||||
Cash | 1,101,681 | 908,200 | 1,110,032 | |||||||
Long term investments | 3,534,443 | 4,042,711 | ||||||||
Excess cash | 954,543 | 4,221,289 | 5,046,352 | |||||||
Stockholders' equity | 18,214,229 | 18,535,699 | 19,074,434 | |||||||
Invested Capital | 40,542,878 | 37,860,972 | 29,613,683 | |||||||
ROIC | 1.90% | 4.61% | 2.70% | |||||||
ROCE | 2.17% | 4.59% | 2.36% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,176,631 | 1,176,631 | 1,176,631 | |||||||
Price | 5.91 -20.03% | 7.39 -28.25% | 10.30 30.38% | |||||||
Market cap | 6,953,891 -20.03% | 8,695,305 -28.25% | 12,119,302 30.38% | |||||||
EV | 30,126,451 | 28,313,683 | 22,989,044 | |||||||
EBITDA | 932,954 | 1,980,280 | 854,055 | |||||||
EV/EBITDA | 32.29 | 14.30 | 26.92 | |||||||
Interest | 178,736 | 602,537 | 258,491 | |||||||
Interest/NOPBT | 19.59% | 30.76% | 31.10% |