pww.comSwire Properties Limited - SEHK:1972

Profile

Price

HKD$ 15.7

()

Market Cap

HKD$ 91.095B

Shares Out

5802.22 M

Employees

5800

Dividends

Yield

6.39 %

Payout (TTM)

277.96 %

DPS (TTM)

1.06

DPS Growth 3Yr

13.5 %

DPS Growth 5Yr

27.85 %

DPS Growth 10Yr

74.15 %

FinancialHealth

Cash

-

Net Debt

HKD$ 28.531B

Debt/Equity (TTM)

12.24 %

Returns(TTM)

ROA

0.62 %

ROE

0.78 %

ROCE

2.01 %

Valuation(TTM)

P/E

41.559

P/B

0.327

P/FCF

21.515 %

Margins(TTM)

Gross

71.3 %

Operating

47.29 %

Pre-Tax

33.65 %

Net

14.69 %

FCFPS

0.724 %

Growth(CAGR)

RevPS 3Yr

0.161 %

RevPS 5Yr

-0.009 %

RevPS 10Yr

0.174 %

NetIncomePS 3Yr

-0.356 %

NetIncomePS 5Yr

-0.908 %

NetIncomePS 10Yr

-0.789 %

  • Last Price

    HKD$ 15.7

  • 5D

    2.214%

  • 1M

    1.160%

  • 3M

    -4.151%

  • 1Y

    6.948%

Swire Properties Limited (SEHK:1972) shows strong potential for growth, driven by a robust recovery in retail and hotel sectors, strategic expansion plans, and a healthy financial position with a commitment to dividend growth and share buybacks. The company is also a leader in ESG initiatives, aiming for net-zero emissions by 2050. However, challenges include market uncertainties, oversupply in the Hong Kong office market, intense competition in luxury retail, and potential economic slowdowns affecting sales. Investors should consider these factors when evaluating the company's long-term prospects amidst current challenges.

Valuation And Growth

Segments

Guidance and Outlook

Bulls - Bears Say

1Y

3Y

5Y

ALL

For the Fiscal PeriodFeb-28-2025Jan-31-2025Dec-31-2024Nov-30-2024Oct-31-2024Sep-30-2024Aug-31-2024Jul-31-2024Jun-30-2024May-31-2024Apr-30-2024Mar-31-2024Feb-29-2024Jan-31-2024Dec-31-2023Nov-30-2023Oct-31-2023Sep-30-2023Aug-31-2023Jul-31-2023Jun-30-2023May-31-2023Apr-30-2023Mar-31-2023Feb-28-2023Jan-31-2023Dec-31-2022Nov-30-2022Oct-31-2022Sep-30-2022Aug-31-2022Jul-31-2022Jun-30-2022May-31-2022Apr-30-2022Mar-31-2022Feb-28-2022Jan-31-2022Dec-31-2021Nov-30-2021Oct-31-2021Sep-30-2021Aug-31-2021Jul-31-2021Jun-30-2021May-31-2021Apr-30-2021Mar-31-2021Feb-28-2021Jan-31-2021Dec-31-2020Nov-30-2020Oct-31-2020Sep-30-2020Aug-31-2020Jul-31-2020Jun-30-2020May-31-2020Apr-30-2020Mar-31-2020Feb-29-2020Jan-31-2020Dec-31-2019Nov-30-2019Oct-31-2019Sep-30-2019Aug-31-2019Jul-31-2019Jun-30-2019May-31-2019Apr-30-2019Mar-31-2019Feb-28-2019Jan-31-2019Dec-31-2018Nov-30-2018Oct-31-2018Sep-30-2018Aug-31-2018Jul-31-2018Jun-30-2018May-31-2018Apr-30-2018Mar-31-2018Feb-28-2018Jan-31-2018Dec-31-2017Nov-30-2017Oct-31-2017Sep-30-2017Aug-31-2017Jul-31-2017Jun-30-2017May-31-2017Apr-30-2017Mar-31-2017Feb-28-2017Jan-31-2017Dec-31-2016Nov-30-2016Oct-31-2016Sep-30-2016Aug-31-2016Jul-31-2016Jun-30-2016May-31-2016Apr-30-2016Mar-31-2016Feb-29-2016Jan-31-2016Dec-31-2015Nov-30-2015Oct-31-2015Sep-30-2015Aug-31-2015Jul-31-2015Jun-30-2015May-31-2015Apr-30-2015Mar-31-2015Feb-28-2015Jan-31-2015Dec-31-2014Nov-30-2014Oct-31-2014Sep-30-2014Aug-31-2014Jul-31-2014Jun-30-2014May-31-2014Apr-30-2014Mar-31-2014Feb-28-2014Jan-31-2014Dec-31-2013Nov-30-2013Oct-31-2013Sep-30-2013Aug-31-2013Jul-31-2013Jun-30-2013May-31-2013Apr-30-2013Mar-31-2013Feb-28-2013Jan-31-2013Dec-31-2012Nov-30-2012Oct-31-2012Sep-30-2012Aug-31-2012Jul-31-2012Jun-30-2012May-31-2012Apr-30-2012Mar-31-2012Feb-29-2012Jan-31-2012

Valuation Multiples

TEV/LTM Unlevered FCF

24.48

24.36

24.88

24.58

24.98

25.16

23.65

18.53

18.61

20.44

22.34

21.79

22.50

20.86

22.13

21.49

21.45

22.69

20.82

40.49

40.07

39.03

43.18

30.37

-

-

-

-

-

-

-

44.62

46.33

45.73

45.26

38.89

13.87

14.12

13.39

12.76

14.21

13.38

14.33

32.74

34.20

33.78

34.27

34.54

25.03

22.90

22.90

23.88

21.30

20.99

21.52

6.65

7.22

6.45

7.88

7.87

9.51

9.96

10.51

9.97

10.10

10.06

10.47

191.62

209.14

213.37

210.83

-

-

-

-

-

-

-

-

67.42

63.99

67.15

62.10

49.57

18.40

18.74

17.54

18.24

18.18

18.26

18.60

28.40

27.34

27.55

27.64

26.04

27.22

25.89

25.43

27.31

26.26

26.62

25.84

20.68

19.90

20.42

19.64

19.71

20.58

20.61

22.46

22.54

23.21

21.68

23.48

29.67

29.48

31.06

31.34

29.23

42.40

41.33

38.61

40.20

41.20

40.34

42.73

38.19

34.82

36.72

35.62

33.29

21.01

20.53

20.16

21.18

21.30

21.91

21.87

37.57

37.78

39.59

44.17

40.63

70.57

69.33

64.10

63.48

60.30

60.30

56.60

30.26

30.32

27.73

28.21

-

-

-

Market Cap/LTM Levered FCF

18.45

18.31

18.89

18.56

19.00

19.20

17.47

12.74

12.83

14.79

16.81

16.37

17.38

15.68

16.99

16.33

16.28

17.57

16.09

35.16

34.73

33.64

37.95

26.26

-

-

-

-

-

-

-

43.92

45.81

45.15

44.63

38.00

13.05

13.31

12.57

11.91

13.41

12.55

13.54

33.23

34.81

34.36

34.88

35.16

23.57

21.30

21.30

22.34

19.60

19.27

19.83

5.85

6.43

5.64

7.11

7.10

8.49

8.95

9.52

8.97

9.09

9.06

9.48

-

-

-

-

-

-

-

-

-

-

-

-

66.35

62.27

66.03

60.02

46.10

15.93

16.29

15.01

15.75

15.69

15.78

16.14

25.50

24.32

24.56

24.65

22.63

24.26

22.75

22.23

24.36

23.17

23.58

22.70

17.97

17.09

17.67

16.80

16.72

17.66

17.71

19.78

19.87

20.62

18.90

20.93

27.59

27.36

29.19

29.52

26.58

40.74

39.47

36.23

38.13

39.31

38.28

41.13

37.22

33.19

35.46

34.14

31.42

18.82

18.28

17.87

19.01

19.14

19.83

19.78

36.90

37.14

39.33

44.83

40.60

78.88

77.25

70.31

69.50

65.28

65.28

60.38

28.80

28.86

25.88

26.44

-

-

-

P/LTM Normalized EPS

18.72

18.57

19.13

18.74

19.15

19.32

17.39

14.30

14.40

16.59

18.86

19.02

18.93

17.08

18.51

17.78

17.73

19.14

19.39

22.91

22.63

21.92

24.73

23.59

23.89

25.45

22.95

20.22

17.45

19.55

20.17

19.59

20.43

20.13

19.90

20.31

21.33

21.75

20.54

19.46

21.91

20.51

22.12

24.07

25.21

24.89

25.27

26.19

26.95

24.36

24.36

25.54

22.41

22.03

22.68

19.10

20.99

18.41

23.20

23.26

24.23

25.55

27.18

25.60

25.97

25.86

27.07

31.00

34.37

35.19

34.70

36.77

37.01

35.84

32.31

32.02

31.43

34.84

36.25

31.94

29.98

31.79

28.89

28.43

26.35

26.94

24.82

26.05

25.95

26.10

26.69

32.02

30.53

30.83

30.95

29.53

28.60

26.83

26.21

28.73

27.32

27.81

26.77

24.28

23.10

23.89

22.71

23.55

22.27

22.32

24.94

25.05

26.00

23.83

26.39

28.76

28.53

30.43

30.77

29.10

29.94

29.01

26.63

28.02

28.90

28.14

30.23

34.53

30.79

32.90

31.68

30.04

24.37

23.66

23.13

24.60

24.78

25.67

25.61

28.19

28.37

30.04

34.24

31.69

46.55

45.59

41.49

41.01

38.52

38.52

35.63

38.02

38.10

34.16

34.90

31.74

29.03

29.70

P/LTM EPS

40.98

40.66

41.88

41.03

41.93

42.30

38.06

27.42

27.60

31.81

36.16

36.47

16.15

14.57

15.79

15.17

15.13

16.33

16.39

14.30

14.12

13.68

15.43

14.81

12.78

13.61

12.27

10.81

9.33

10.46

11.22

15.35

16.00

15.77

15.59

15.99

23.51

23.97

22.63

21.45

24.15

22.61

24.38

31.56

33.06

32.63

33.13

34.35

26.64

24.08

24.08

25.25

22.16

21.78

22.42

7.80

8.58

7.52

9.48

9.50

8.21

8.65

9.20

8.67

8.79

8.76

9.17

5.81

6.44

6.59

6.50

6.89

4.56

4.42

3.98

3.95

3.87

4.29

4.47

5.32

5.00

5.30

4.82

4.74

6.39

6.54

6.02

6.32

6.30

6.33

6.48

10.50

10.01

10.11

10.15

9.68

12.52

11.74

11.47

12.57

11.95

12.17

11.71

8.98

8.54

8.83

8.40

8.71

10.13

10.16

11.35

11.40

11.83

10.84

12.01

15.34

15.22

16.23

16.41

15.52

12.52

12.13

11.13

11.72

12.08

11.76

12.64

11.86

10.58

11.30

10.88

10.32

7.62

7.40

7.23

7.69

7.75

8.02

8.00

7.11

7.16

7.58

8.64

8.59

11.21

10.98

9.99

9.88

9.28

9.28

8.58

5.26

5.27

4.72

4.82

4.38

2.84

2.90

P/BV

0.32

0.32

0.33

0.32

0.33

0.33

0.30

0.25

0.26

0.29

0.33

0.34

0.33

0.30

0.32

0.31

0.31

0.33

0.34

0.39

0.39

0.38

0.43

0.41

0.42

0.44

0.40

0.35

0.30

0.34

0.37

0.37

0.39

0.38

0.38

0.39

0.41

0.42

0.40

0.38

0.42

0.40

0.43

0.45

0.47

0.46

0.47

0.49

0.51

0.46

0.46

0.49

0.43

0.42

0.43

0.36

0.40

0.35

0.44

0.44

0.47

0.50

0.53

0.50

0.51

0.51

0.53

0.60

0.66

0.68

0.67

0.71

0.67

0.65

0.58

0.58

0.57

0.63

0.66

0.70

0.66

0.70

0.64

0.63

0.66

0.67

0.62

0.65

0.65

0.65

0.67

0.70

0.67

0.67

0.68

0.65

0.63

0.59

0.57

0.63

0.60

0.61

0.59

0.58

0.56

0.57

0.55

0.57

0.55

0.55

0.61

0.62

0.64

0.59

0.65

0.70

0.70

0.74

0.75

0.71

0.73

0.71

0.65

0.68

0.71

0.69

0.74

0.73

0.65

0.70

0.67

0.64

0.61

0.59

0.58

0.62

0.62

0.64

0.64

0.69

0.70

0.74

0.84

0.84

0.92

0.90

0.82

0.81

0.76

0.76

0.70

0.77

0.77

0.69

0.71

0.64

0.62

0.63

P/Tangible BV

0.32

0.32

0.33

0.32

0.33

0.33

0.30

0.26

0.26

0.30

0.34

0.34

0.33

0.30

0.33

0.31

0.31

0.34

0.34

0.39

0.39

0.38

0.43

0.41

0.42

0.44

0.40

0.35

0.30

0.34

0.37

0.37

0.39

0.38

0.38

0.39

0.41

0.42

0.40

0.38

0.42

0.40

0.43

0.45

0.47

0.46

0.47

0.49

0.51

0.47

0.47

0.49

0.43

0.42

0.43

0.37

0.40

0.35

0.44

0.44

0.47

0.50

0.53

0.50

0.51

0.51

0.53

0.60

0.66

0.68

0.67

0.71

0.67

0.65

0.59

0.58

0.57

0.63

0.66

0.70

0.66

0.70

0.64

0.63

0.66

0.67

0.62

0.65

0.65

0.65

0.67

0.70

0.67

0.68

0.68

0.65

0.63

0.59

0.57

0.63

0.60

0.61

0.59

0.58

0.56

0.58

0.55

0.57

0.55

0.55

0.61

0.62

0.64

0.59

0.65

0.70

0.70

0.74

0.75

0.71

0.73

0.71

0.65

0.68

0.71

0.69

0.74

0.73

0.66

0.70

0.67

0.64

0.61

0.59

0.58

0.62

0.62

0.64

0.64

0.69

0.70

0.74

0.84

0.84

0.92

0.90

0.82

0.81

0.76

0.76

0.70

0.77

0.77

0.69

0.71

0.64

0.62

0.63

TEV/LTM Total Revenue

8.63

8.59

8.77

8.67

8.81

8.87

8.27

7.23

7.26

7.98

8.72

8.79

8.36

7.75

8.22

7.98

7.96

8.43

8.49

9.23

9.13

8.90

9.84

9.51

9.88

10.44

9.54

8.57

7.58

8.33

8.64

7.24

7.52

7.42

7.34

7.48

7.78

7.92

7.52

7.16

7.98

7.51

8.05

9.79

10.22

10.10

10.24

10.59

11.63

10.64

10.64

11.09

9.89

9.75

10.00

8.02

8.70

7.77

9.50

9.52

9.73

10.19

10.76

10.21

10.33

10.30

10.72

12.69

13.85

14.13

13.96

14.68

14.46

14.07

12.90

12.81

12.61

13.74

14.21

11.41

10.83

11.36

10.51

10.37

9.22

9.39

8.79

9.14

9.11

9.15

9.32

11.35

10.92

11.01

11.04

10.63

11.26

10.71

10.52

11.30

10.86

11.01

10.69

9.62

9.25

9.50

9.13

9.39

9.07

9.09

9.90

9.94

10.23

9.55

10.35

11.32

11.25

11.85

11.96

11.43

11.68

11.38

10.63

11.07

11.35

11.11

11.77

13.80

12.58

13.27

12.87

12.34

9.97

9.74

9.57

10.05

10.11

10.39

10.38

11.42

11.48

12.04

13.43

12.85

18.64

18.32

16.93

16.77

15.93

15.93

14.95

15.48

15.51

14.18

14.43

13.35

14.14

14.38

Market Cap/LTM Total Revenue

5.86

5.81

6.00

5.89

6.03

6.10

5.50

4.67

4.70

5.41

6.15

6.21

6.22

5.61

6.08

5.84

5.83

6.29

6.34

7.72

7.63

7.39

8.34

8.00

8.54

9.09

8.20

7.23

6.23

6.99

7.33

6.48

6.76

6.66

6.58

6.75

7.11

7.25

6.84

6.48

7.30

6.83

7.37

9.17

9.61

9.49

9.63

9.98

10.29

9.30

9.30

9.76

8.56

8.42

8.66

6.88

7.56

6.63

8.36

8.38

8.44

8.89

9.46

8.91

9.04

9.00

9.42

10.65

11.81

12.09

11.92

12.63

12.26

11.87

10.70

10.60

10.41

11.54

12.00

9.44

8.86

9.39

8.54

8.40

7.49

7.65

7.05

7.40

7.37

7.42

7.58

9.17

8.74

8.83

8.86

8.45

8.84

8.30

8.11

8.88

8.45

8.60

8.28

7.49

7.13

7.37

7.01

7.27

6.93

6.95

7.76

7.80

8.09

7.41

8.21

9.10

9.03

9.63

9.74

9.21

9.42

9.13

8.38

8.82

9.09

8.86

9.52

11.25

10.04

10.72

10.32

9.79

7.96

7.73

7.56

8.04

8.10

8.39

8.37

9.32

9.39

9.94

11.33

10.84

15.73

15.41

14.02

13.86

13.02

13.02

12.04

12.79

12.82

11.49

11.74

10.66

10.43

10.67

TEV/LTM EBITDA

14.37

14.29

14.60

14.42

14.66

14.76

13.77

11.92

11.96

13.15

14.37

14.41

13.81

12.80

13.58

13.19

13.16

13.92

14.00

15.19

15.04

14.65

16.20

15.51

15.59

16.47

15.06

13.52

11.95

13.14

13.44

12.37

12.84

12.67

12.54

12.70

13.17

13.41

12.72

12.12

13.50

12.71

13.62

14.87

15.54

15.35

15.57

16.07

17.84

16.32

16.32

17.01

15.18

14.96

15.34

12.54

13.62

12.16

14.86

14.87

15.47

16.20

17.10

16.23

16.43

16.37

17.04

20.03

21.86

22.30

22.04

23.13

23.09

22.47

20.60

20.45

20.14

21.94

22.68

21.05

19.98

20.97

19.39

19.11

17.75

18.08

16.92

17.59

17.54

17.62

17.94

20.41

19.65

19.80

19.86

19.11

18.67

17.76

17.45

18.74

18.01

18.27

17.73

16.22

15.60

16.01

15.40

15.84

15.09

15.12

16.48

16.53

17.02

15.90

17.23

18.26

18.14

19.11

19.29

18.43

18.71

18.24

17.04

17.74

18.18

17.80

18.85

20.58

18.76

19.79

19.19

18.40

14.68

14.34

14.08

14.79

14.87

15.30

15.27

16.85

16.94

17.76

19.81

18.63

27.09

26.62

24.61

24.37

23.15

23.15

21.73

22.30

22.34

20.43

20.79

19.28

19.84

20.17

TEV/LTM EBIT

14.97

14.89

15.22

15.03

15.27

15.39

14.35

12.41

12.46

13.69

14.96

15.08

14.35

13.30

14.11

13.70

13.67

14.47

14.63

15.75

15.59

15.18

16.80

16.13

16.21

17.13

15.66

14.06

12.43

13.67

13.98

12.83

13.33

13.15

13.02

13.21

13.66

13.90

13.19

12.57

14.00

13.18

14.12

15.48

16.17

15.97

16.20

16.76

18.55

16.97

16.97

17.69

15.78

15.55

15.95

13.02

14.13

12.62

15.43

15.46

15.98

16.73

17.66

16.76

16.97

16.91

17.60

20.75

22.64

23.10

22.83

23.99

23.99

23.34

21.40

21.24

20.92

22.79

23.57

21.81

20.70

21.72

20.09

19.82

18.31

18.65

17.45

18.15

18.09

18.17

18.51

21.08

20.29

20.45

20.51

19.75

19.24

18.30

17.97

19.30

18.56

18.82

18.27

16.66

16.03

16.45

15.82

16.27

15.50

15.53

16.92

16.98

17.48

16.33

17.69

18.75

18.63

19.63

19.81

18.93

19.25

18.76

17.53

18.25

18.70

18.31

19.40

21.28

19.40

20.46

19.84

19.02

15.06

14.71

14.45

15.18

15.26

15.70

15.67

17.25

17.34

18.17

20.27

19.04

27.91

27.42

25.35

25.11

23.85

23.85

22.39

23.00

23.04

21.07

21.44

19.86

20.43

20.78

Margin Analysis

Gross Margin

71.79

71.79

71.79

71.79

71.79

71.79

71.79

72.08

72.08

72.36

72.36

72.36

71.71

71.71

71.71

71.04

71.04

71.04

70.96

70.96

70.96

70.87

70.87

70.87

71.21

71.21

71.21

71.54

71.54

71.54

68.80

68.80

68.80

66.45

66.45

66.45

68.54

68.54

68.54

68.43

68.43

68.43

71.82

71.82

71.82

75.90

75.90

75.90

75.53

75.53

75.53

75.17

75.17

75.17

74.32

74.32

74.32

73.53

73.53

73.53

73.13

73.13

73.13

72.75

72.75

72.75

72.01

72.01

72.01

71.26

71.26

71.26

70.39

70.39

70.39

69.48

69.48

69.48

64.44

64.44

64.44

60.47

60.47

60.47

59.05

59.05

59.05

57.76

57.76

57.76

59.83

59.83

59.83

62.35

62.35

62.35

64.92

64.92

64.92

67.79

67.79

67.79

66.70

66.70

66.70

65.71

65.71

65.71

65.89

65.89

65.89

66.06

66.06

66.06

67.01

67.01

67.01

68.00

68.00

68.00

67.96

67.96

67.96

67.93

67.93

67.93

70.41

70.41

70.41

73.42

73.42

73.42

73.52

73.52

73.52

73.61

73.61

73.61

73.64

73.64

73.64

73.67

73.67

73.67

74.85

74.85

74.85

76.53

76.53

76.53

76.52

76.52

76.52

76.52

76.52

76.52

76.45

76.45

SG&A Margin

13.86

13.86

13.86

13.86

13.86

13.86

13.86

13.57

13.57

13.28

13.28

13.28

12.68

12.68

12.68

12.08

12.08

12.08

11.84

11.84

11.84

11.60

11.60

11.60

12.03

12.03

12.03

12.47

12.47

12.47

11.63

11.63

11.63

10.92

10.92

10.92

10.62

10.62

10.62

10.21

10.21

10.21

11.03

11.03

11.03

12.02

12.02

12.02

11.76

11.76

11.76

11.51

11.51

11.51

11.25

11.25

11.25

11.00

11.00

11.00

10.92

10.92

10.92

10.84

10.84

10.84

10.46

10.46

10.46

10.08

10.08

10.08

9.68

9.68

9.68

9.26

9.26

9.26

8.08

8.08

8.08

7.15

7.15

7.15

6.75

6.75

6.75

6.39

6.39

6.39

6.89

6.89

6.89

7.51

7.51

7.51

7.82

7.82

7.82

8.16

8.16

8.16

7.51

7.51

7.51

6.92

6.92

6.92

6.61

6.61

6.61

6.31

6.31

6.31

6.30

6.30

6.30

6.30

6.30

6.30

6.16

6.16

6.16

6.03

6.03

6.03

6.64

6.64

6.64

7.38

7.38

7.38

6.74

6.74

6.74

6.18

6.18

6.18

6.18

6.18

6.18

6.19

6.19

6.19

8.06

8.06

8.06

10.71

10.71

10.71

10.55

10.55

10.55

10.38

10.38

10.38

9.33

9.33

EBITDA Margin

59.57

59.57

59.57

59.57

59.57

59.57

59.57

59.88

59.88

60.18

60.18

60.18

60.13

60.13

60.13

60.07

60.07

60.07

60.19

60.19

60.19

60.31

60.31

60.31

60.12

60.12

60.12

59.93

59.93

59.93

58.06

58.06

58.06

56.47

56.47

56.47

59.16

59.16

59.16

59.46

59.46

59.46

62.13

62.13

62.13

65.36

65.36

65.36

65.15

65.15

65.15

64.94

64.94

64.94

64.25

64.25

64.25

63.60

63.60

63.60

63.27

63.27

63.27

62.95

62.95

62.95

63.16

63.16

63.16

63.37

63.37

63.37

63.03

63.03

63.03

62.67

62.67

62.67

57.92

57.92

57.92

54.20

54.20

54.20

53.04

53.04

53.04

51.98

51.98

51.98

53.61

53.61

53.61

55.59

55.59

55.59

57.82

57.82

57.82

60.31

60.31

60.31

59.79

59.79

59.79

59.30

59.30

59.30

59.70

59.70

59.70

60.09

60.09

60.09

61.03

61.03

61.03

62.01

62.01

62.01

62.22

62.22

62.22

62.42

62.42

62.42

64.52

64.52

64.52

67.07

67.07

67.07

67.49

67.49

67.49

67.86

67.86

67.86

67.77

67.77

67.77

67.69

67.69

67.69

67.25

67.25

67.25

66.63

66.63

66.63

66.97

66.97

66.97

67.32

67.32

67.32

68.50

68.50

EBIT Margin

57.66

57.66

57.66

57.66

57.66

57.66

57.66

57.97

57.97

58.27

58.27

58.27

58.26

58.26

58.26

58.24

58.24

58.24

58.42

58.42

58.42

58.60

58.60

58.60

58.43

58.43

58.43

58.26

58.26

58.26

56.38

56.38

56.38

54.77

54.77

54.77

57.36

57.36

57.36

57.65

57.65

57.65

60.18

60.18

60.18

63.22

63.22

63.22

62.96

62.96

62.96

62.69

62.69

62.69

62.11

62.11

62.11

61.56

61.56

61.56

61.22

61.22

61.22

60.90

60.90

60.90

61.04

61.04

61.04

61.17

61.17

61.17

60.74

60.74

60.74

60.29

60.29

60.29

55.82

55.82

55.82

52.31

52.31

52.31

51.29

51.29

51.29

50.36

50.36

50.36

51.93

51.93

51.93

53.83

53.83

53.83

56.05

56.05

56.05

58.52

58.52

58.52

58.10

58.10

58.10

57.72

57.72

57.72

58.12

58.12

58.12

58.52

58.52

58.52

59.42

59.42

59.42

60.37

60.37

60.37

60.52

60.52

60.52

60.68

60.68

60.68

62.57

62.57

62.57

64.87

64.87

64.87

65.54

65.54

65.54

66.12

66.12

66.12

66.13

66.13

66.13

66.14

66.14

66.14

65.45

65.45

65.45

64.48

64.48

64.48

64.76

64.76

64.76

65.06

65.06

65.06

66.27

66.27

Earnings from Cont. Ops Margin

15.53

15.53

15.53

15.53

15.53

15.53

15.53

16.65

16.65

17.75

17.75

17.75

28.58

28.58

28.58

39.61

39.61

39.61

47.54

47.54

47.54

55.70

55.70

55.70

60.49

60.49

60.49

65.28

65.28

65.28

52.79

52.79

52.79

42.10

42.10

42.10

36.64

36.64

36.64

30.67

30.67

30.67

29.85

29.85

29.85

28.87

28.87

28.87

33.47

33.47

33.47

38.04

38.04

38.04

64.15

64.15

64.15

88.48

88.48

88.48

96.05

96.05

96.05

103.25

103.25

103.25

143.03

143.03

143.03

183.71

183.71

183.71

225.75

225.75

225.75

269.46

269.46

269.46

218.02

218.02

218.02

177.63

177.63

177.63

146.12

146.12

146.12

117.25

117.25

117.25

104.16

104.16

104.16

88.28

88.28

88.28

80.36

80.36

80.36

71.54

71.54

71.54

78.15

78.15

78.15

84.20

84.20

84.20

76.79

76.79

76.79

69.39

69.39

69.39

65.12

65.12

65.12

60.64

60.64

60.64

68.61

68.61

68.61

76.60

76.60

76.60

85.31

85.31

85.31

95.84

95.84

95.84

101.75

101.75

101.75

106.89

106.89

106.89

119.78

119.78

119.78

133.45

133.45

133.45

139.61

139.61

139.61

148.34

148.34

148.34

200.68

200.68

200.68

254.05

254.05

254.05

316.95

316.95

Net Income Margin

14.44

14.44

14.44

14.44

14.44

14.44

14.44

15.73

15.73

17.01

17.01

17.01

27.66

27.66

27.66

38.51

38.51

38.51

46.16

46.16

46.16

54.02

54.02

54.02

59.04

59.04

59.04

64.05

64.05

64.05

51.70

51.70

51.70

41.13

41.13

41.13

35.70

35.70

35.70

29.76

29.76

29.76

29.45

29.45

29.45

29.06

29.06

29.06

33.87

33.87

33.87

38.64

38.64

38.64

64.29

64.29

64.29

88.20

88.20

88.20

95.68

95.68

95.68

102.80

102.80

102.80

142.63

142.63

142.63

183.36

183.36

183.36

225.19

225.19

225.19

268.70

268.70

268.70

217.52

217.52

217.52

177.33

177.33

177.33

145.90

145.90

145.90

117.11

117.11

117.11

103.67

103.67

103.67

87.35

87.35

87.35

79.46

79.46

79.46

70.66

70.66

70.66

77.34

77.34

77.34

83.46

83.46

83.46

75.92

75.92

75.92

68.40

68.40

68.40

63.99

63.99

63.99

59.35

59.35

59.35

67.30

67.30

67.30

75.28

75.28

75.28

84.14

84.14

84.14

94.86

94.86

94.86

100.00

100.00

100.00

104.47

104.47

104.47

117.39

117.39

117.39

131.10

131.10

131.10

138.10

138.10

138.10

148.00

148.00

148.00

200.24

200.24

200.24

253.52

253.52

253.52

316.33

316.33

Levered Free Cash Flow Margin

31.46

31.46

31.46

31.46

31.46

31.46

31.46

32.26

32.26

36.60

36.60

36.60

37.30

37.30

37.30

35.78

35.78

35.78

36.01

36.01

36.01

21.97

21.97

21.97

25.41

25.41

25.41

-5.05

-5.05

-5.05

-3.18

-3.18

-3.18

17.62

17.62

17.62

15.66

15.66

15.66

54.57

54.57

54.57

57.75

57.75

57.75

27.61

27.61

27.61

27.42

27.42

27.42

43.93

43.93

43.93

43.07

43.07

43.07

117.57

117.57

117.57

115.60

115.60

115.60

99.50

99.50

99.50

99.82

99.82

99.82

3.15

3.15

3.15

1.86

1.86

1.86

-42.33

-42.33

-42.33

-35.21

-35.21

-35.21

17.48

17.48

17.48

17.34

17.34

17.34

47.41

47.41

47.41

49.73

49.73

49.73

36.46

36.46

36.46

37.37

37.37

37.37

36.56

36.56

36.56

36.12

36.12

36.12

41.78

41.78

41.78

42.14

42.14

42.14

39.24

39.24

39.24

39.83

39.83

39.83

33.00

33.00

33.00

33.00

33.00

33.00

22.53

22.53

22.53

21.77

21.77

21.77

28.92

28.92

28.92

30.62

30.62

30.62

41.35

41.35

41.35

41.83

41.83

41.83

25.18

25.18

25.18

22.06

22.06

22.06

17.03

17.03

17.03

16.93

16.93

16.93

43.17

43.17

43.17

-

-

Unlevered Free Cash Flow Margin

34.98

34.98

34.98

34.98

34.98

34.98

34.98

35.23

35.23

39.02

39.02

39.02

39.19

39.19

39.19

37.14

37.14

37.14

37.11

37.11

37.11

22.79

22.79

22.79

26.39

26.39

26.39

-3.93

-3.93

-3.93

-1.89

-1.89

-1.89

19.05

19.05

19.05

17.21

17.21

17.21

56.23

56.23

56.23

59.69

59.69

59.69

29.89

29.89

29.89

29.95

29.95

29.95

46.70

46.70

46.70

45.92

45.92

45.92

120.49

120.49

120.49

118.54

118.54

118.54

102.46

102.46

102.46

103.03

103.03

103.03

6.62

6.62

6.62

5.40

5.40

5.40

-38.74

-38.74

-38.74

-32.12

-32.12

-32.12

20.17

20.17

20.17

20.04

20.04

20.04

50.11

50.11

50.11

52.79

52.79

52.79

39.95

39.95

39.95

41.50

41.50

41.50

41.39

41.39

41.39

40.90

40.90

40.90

46.50

46.50

46.50

46.92

46.92

46.92

44.08

44.08

44.08

44.83

44.83

44.83

38.16

38.16

38.16

38.09

38.09

38.09

27.54

27.54

27.54

27.78

27.78

27.78

36.14

36.14

36.14

37.22

37.22

37.22

47.40

47.40

47.40

47.45

47.45

47.45

30.34

30.34

30.34

27.95

27.95

27.95

23.94

23.94

23.94

23.98

23.98

23.98

50.37

50.37

50.37

-

-

Margin Analysis

Total Revenue

-
-
-
-
-
-
-
-

HKD$ 15307.00

-
-

HKD$ 15403.00

-
-

HKD$ 15499.00

-
-

HKD$ 15350.50

-
-

HKD$ 15202.00

-
-

HKD$ 14986.50

-
-

HKD$ 14771.00

-
-

HKD$ 14783.00

-
-

HKD$ 14795.00

-
-

HKD$ 16042.50

-
-

HKD$ 17290.00

-
-

HKD$ 17048.00

-
-

HKD$ 16970.00

-
-

HKD$ 15531.50

-
-

HKD$ 14093.00

-
-

HKD$ 14136.50

-
-

HKD$ 14180.00

-
-

HKD$ 14699.50

-
-

HKD$ 15219.00

-
-

HKD$ 15602.50

-
-

HKD$ 15986.00

-
-

HKD$ 15810.00

-
-

HKD$ 15634.00

-
-

HKD$ 15334.50

-
-

HKD$ 15035.00

-
-

HKD$ 17092.00

-
-

HKD$ 19149.00

-
-

HKD$ 20025.50

-
-

HKD$ 20902.00

-
-

HKD$ 19065.50

-
-

HKD$ 17229.00

-
-

HKD$ 16336.50

-
-

HKD$ 15444.00

-
-

HKD$ 16152.00

-
-

HKD$ 16860.00

-
-

HKD$ 16872.00

-
-

HKD$ 16884.00

-
-

HKD$ 16459.50

-
-

HKD$ 16035.00

-
-

HKD$ 16010.00

-
-

HKD$ 15985.00

-
-

HKD$ 14594.50

-
-

HKD$ 13204.00

-
-

HKD$ 14188.50

-
-

HKD$ 15173.00

-
-

HKD$ 14738.50

-
-

HKD$ 14304.00

-
-

HKD$ 12205.00

-
-

HKD$ 10106.00

-
-

HKD$ 10008.50

-
-

Profitability

Return on Equity

0.83 %

0.83 %

0.83 %

0.83 %

0.83 %

0.83 %

0.83 %

0.90 %

0.90 %

0.95 %

0.95 %

0.95 %

1.51 %

1.51 %

1.51 %

2.07 %

2.07 %

2.07 %

2.45 %

2.45 %

2.45 %

2.81 %

2.81 %

2.81 %

3.05 %

3.05 %

3.05 %

3.31 %

3.31 %

3.31 %

2.90 %

2.90 %

2.90 %

2.49 %

2.49 %

2.49 %

2.14 %

2.14 %

2.14 %

1.81 %

1.81 %

1.81 %

1.61 %

1.61 %

1.61 %

1.40 %

1.40 %

1.40 %

1.63 %

1.63 %

1.63 %

1.88 %

1.88 %

1.88 %

3.29 %

3.29 %

3.29 %

4.72 %

4.72 %

4.72 %

5.26 %

5.26 %

5.26 %

5.86 %

5.86 %

5.86 %

8.02 %

8.02 %

8.02 %

10.62 %

10.62 %

10.62 %

12.81 %

12.81 %

12.81 %

15.66 %

15.66 %

15.66 %

14.41 %

14.41 %

14.41 %

13.98 %

13.98 %

13.98 %

12.03 %

12.03 %

12.03 %

10.65 %

10.65 %

10.65 %

8.63 %

8.63 %

8.63 %

6.83 %

6.83 %

6.83 %

5.90 %

5.90 %

5.90 %

5.08 %

5.08 %

5.08 %

5.80 %

5.80 %

5.80 %

6.66 %

6.66 %

6.66 %

6.08 %

6.08 %

6.08 %

5.55 %

5.55 %

5.55 %

5.08 %

5.08 %

5.08 %

4.72 %

4.72 %

4.72 %

5.34 %

5.34 %

5.34 %

6.05 %

6.05 %

6.05 %

6.15 %

6.15 %

6.15 %

6.39 %

6.39 %

6.39 %

7.29 %

7.29 %

7.29 %

8.46 %

8.46 %

8.46 %

9.21 %

9.21 %

9.21 %

10.33 %

10.33 %

10.33 %

9.22 %

9.22 %

9.22 %

8.29 %

8.29 %

8.29 %

11.11 %

11.11 %

11.11 %

15.04 %

15.04 %

15.04 %

-

-

Return on Assets

1.58 %

1.58 %

1.58 %

1.58 %

1.58 %

1.58 %

1.58 %

1.59 %

1.59 %

1.63 %

1.63 %

1.63 %

1.62 %

1.62 %

1.62 %

1.62 %

1.62 %

1.62 %

1.61 %

1.61 %

1.61 %

1.60 %

1.60 %

1.60 %

1.59 %

1.59 %

1.59 %

1.61 %

1.61 %

1.61 %

1.69 %

1.69 %

1.69 %

1.75 %

1.75 %

1.75 %

1.80 %

1.80 %

1.80 %

1.83 %

1.83 %

1.83 %

1.75 %

1.75 %

1.75 %

1.65 %

1.65 %

1.65 %

1.65 %

1.65 %

1.65 %

1.67 %

1.67 %

1.67 %

1.71 %

1.71 %

1.71 %

1.74 %

1.74 %

1.74 %

1.78 %

1.78 %

1.78 %

1.83 %

1.83 %

1.83 %

1.82 %

1.82 %

1.82 %

1.84 %

1.84 %

1.84 %

1.80 %

1.80 %

1.80 %

1.82 %

1.82 %

1.82 %

1.92 %

1.92 %

1.92 %

2.10 %

2.10 %

2.10 %

2.15 %

2.15 %

2.15 %

2.32 %

2.32 %

2.32 %

2.18 %

2.18 %

2.18 %

2.09 %

2.09 %

2.09 %

2.06 %

2.06 %

2.06 %

2.08 %

2.08 %

2.08 %

2.16 %

2.16 %

2.16 %

2.28 %

2.28 %

2.28 %

2.30 %

2.30 %

2.30 %

2.35 %

2.35 %

2.35 %

2.32 %

2.32 %

2.32 %

2.36 %

2.36 %

2.36 %

2.36 %

2.36 %

2.36 %

2.41 %

2.41 %

2.41 %

2.27 %

2.27 %

2.27 %

2.19 %

2.19 %

2.19 %

2.38 %

2.38 %

2.38 %

2.63 %

2.63 %

2.63 %

2.55 %

2.55 %

2.55 %

2.60 %

2.60 %

2.60 %

2.19 %

2.19 %

2.19 %

1.77 %

1.77 %

1.77 %

1.76 %

1.76 %

1.76 %

1.90 %

1.90 %

1.90 %

-

-

Return on Capital

1.69 %

1.69 %

1.69 %

1.69 %

1.69 %

1.69 %

1.69 %

1.71 %

1.71 %

1.75 %

1.75 %

1.75 %

1.73 %

1.73 %

1.73 %

1.74 %

1.74 %

1.74 %

1.72 %

1.72 %

1.72 %

1.70 %

1.70 %

1.70 %

1.70 %

1.70 %

1.70 %

1.71 %

1.71 %

1.71 %

1.79 %

1.79 %

1.79 %

1.86 %

1.86 %

1.86 %

1.91 %

1.91 %

1.91 %

1.94 %

1.94 %

1.94 %

1.85 %

1.85 %

1.85 %

1.75 %

1.75 %

1.75 %

1.74 %

1.74 %

1.74 %

1.76 %

1.76 %

1.76 %

1.81 %

1.81 %

1.81 %

1.85 %

1.85 %

1.85 %

1.89 %

1.89 %

1.89 %

1.94 %

1.94 %

1.94 %

1.92 %

1.92 %

1.92 %

1.96 %

1.96 %

1.96 %

1.91 %

1.91 %

1.91 %

1.93 %

1.93 %

1.93 %

2.03 %

2.03 %

2.03 %

2.23 %

2.23 %

2.23 %

2.29 %

2.29 %

2.29 %

2.46 %

2.46 %

2.46 %

2.31 %

2.31 %

2.31 %

2.23 %

2.23 %

2.23 %

2.20 %

2.20 %

2.20 %

2.21 %

2.21 %

2.21 %

2.29 %

2.29 %

2.29 %

2.42 %

2.42 %

2.42 %

2.44 %

2.44 %

2.44 %

2.48 %

2.48 %

2.48 %

2.46 %

2.46 %

2.46 %

2.50 %

2.50 %

2.50 %

2.50 %

2.50 %

2.50 %

2.54 %

2.54 %

2.54 %

2.39 %

2.39 %

2.39 %

2.31 %

2.31 %

2.31 %

2.51 %

2.51 %

2.51 %

2.77 %

2.77 %

2.77 %

2.69 %

2.69 %

2.69 %

2.75 %

2.75 %

2.75 %

2.32 %

2.32 %

2.32 %

1.86 %

1.86 %

1.86 %

1.85 %

1.85 %

1.85 %

2.00 %

2.00 %

2.00 %

-

-

Dividends