Hang Lung Group Limited (HNLGF) Stock

About Hang Lung Group Limited

Hang Lung Group Limited is an investment conglomerate primarily engaged in real estate development across Hong Kong and mainland China. Its operations are divided into property leasing and sales divisions. The firm constructs and manages properties for both sale and rental, encompassing a diverse portfolio of large-scale commercial, office, and residential complexes. This includes significant developments like shopping centers, corporate offices, residential and industrial buildings, and parking facilities. The company's impressive investment property portfolio features prominent landmarks such as Grand Gateway 66 (a mixed-use commercial, office, and residential complex) and Plaza 66 (a commercial and office hub) in Shanghai. Other notable holdings include Palace 66 and Forum 66 in Shenyang, Parc 66 in Jinan, Center 66 in Wuxi, Riverside 66 in Tianjin, Olympia 66 in Dalian, Spring City 66 in Kunming, Heartland 66 in Wuhan, and Westlake 66 in Hangzhou. Beyond development, Hang Lung Group provides a range of ancillary services, including parking management, comprehensive property management, financial solutions, project oversight, dry cleaning and laundry services, property brokerage, and apartment operations and management. Established in 1960, the company maintains its headquarters in Central, Hong Kong.

Hang Lung Group Limited is headquartered in HK.

Hang Lung Group Limited (HNLGF) stock trades at $1.94 with a market capitalization of $2.64B. The stock is valued at a price-to-earnings (P/E) ratio of 13.49, price-to-book of 0.19, price-to-sales of 1.76. Over the past 52 weeks the stock has ranged between $1.27 and $2.03, and currently trades 4.4% below its 52-week high. It pays a dividend yielding 8.76%.

On profitability, Hang Lung Group Limited generates a return on equity (ROE) of 1.39%, return on capital employed of 2.79%, an operating margin of 59.03%, a net profit margin of 13.12%.

Official website: www.hanglung.com