XHKG0089
Market cap63mUSD
Dec 23, Last price
1.72HKD
1D
-2.27%
1Q
-16.50%
Jan 2017
-61.17%
Name
Tai Sang Land Development Ltd
Chart & Performance
Profile
Tai Sang Land Development Limited, an investment holding company, engages in the investment, development, management, resale, and rental of properties in Hong Kong and North America. The company is also involved in the provision of catering, estate management, and agency services; operation and management of hotels; rental of motor vehicles; operation of a club house; money lending activities; and restaurant license and trademark holding business. Its portfolio of properties includes residential, industrial, commercial, and shop properties. The company was formerly known as Tai Mau Company Limited and changed its name to Tai Sang Land Development Limited in January 1973. Tai Sang Land Development Limited was incorporated in 1968 and is based in Wong Chuk Hang, Hong Kong.
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 | 487,063 10.50% | 440,799 8.05% | 407,946 15.69% | |||||||
Cost of revenue | 368,174 | 310,714 | 285,889 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 118,889 | 130,085 | 122,057 | |||||||
NOPBT Margin | 24.41% | 29.51% | 29.92% | |||||||
Operating Taxes | (46,227) | (53,258) | 29,015 | |||||||
Tax Rate | 23.77% | |||||||||
NOPAT | 165,116 | 183,343 | 93,042 | |||||||
Net income | (185,656) -151.55% | 360,115 -43.17% | 633,618 -506.31% | |||||||
Dividends | (34,520) | (74,794) | (63,287) | |||||||
Dividend yield | 4.29% | |||||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 1,514,862 | 972,560 | 565,826 | |||||||
Long-term debt | 1,066,739 | 1,602,521 | 1,945,654 | |||||||
Deferred revenue | (443,648) | (511,872) | ||||||||
Other long-term liabilities | 1 | 141,973 | 152,189 | |||||||
Net debt | 2,458,092 | 2,425,101 | 2,381,571 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 162,585 | 103,199 | 102,377 | |||||||
CAPEX | (3,572) | (37,769) | (63,714) | |||||||
Cash from investing activities | (19,443) | (65,859) | (142,432) | |||||||
Cash from financing activities | (168,933) | (15,311) | 10,868 | |||||||
FCF | 977,775 | (165,578) | 82,170 | |||||||
Balance | ||||||||||
Cash | 108,364 | 134,135 | 112,184 | |||||||
Long term investments | 15,145 | 15,845 | 17,725 | |||||||
Excess cash | 99,156 | 127,940 | 109,512 | |||||||
Stockholders' equity | 8,912,700 | 9,115,120 | 8,809,572 | |||||||
Invested Capital | 11,416,699 | 12,663,142 | 11,916,070 | |||||||
ROIC | 1.37% | 1.49% | 0.81% | |||||||
ROCE | 1.01% | 0.99% | 0.99% | |||||||
EV | ||||||||||
Common stock shares outstanding | 287,670 | 287,670 | 287,670 | |||||||
Price | 2.80 | |||||||||
Market cap | 805,476 | |||||||||
EV | 3,553,342 | |||||||||
EBITDA | 172,193 | 190,249 | 172,535 | |||||||
EV/EBITDA | 20.64 | |||||||||
Interest | 145,743 | 71,225 | 41,803 | |||||||
Interest/NOPBT | 122.59% | 54.75% | 34.25% |