Henderson Land Development stock
0012.HKHKSEHenderson Land Development Company Limited, Real EstateISIN HK0012000102
56Score 56 out of 100, Neutral
Price and trend
60 / 100
Price history
−2.7% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 0.7% above it.
Since July 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 76).
The price is 17% below its 52-week high. Largest decline in 20 years: 71% (January 2008 to October 2008).
Chart figures for advanced users
- SMA 50$3.44
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$3.70
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)76
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$3.15
- The lowest closing price of the last twelve months.
- Resistance$4.50
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Henderson Land Development Company Limited belongs to the Real Estate (Diversified) industry (Hong Kong SAR China) and, with a market value of $18.04B, is number 3 of 13 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $3.27B (up 1.9% year on year) and earnings of $717.55M (down 10.2%).
- For fiscal 2026, analysts expect on average revenue of $3.65B (up 11.6%) and adjusted earnings per share of $0.22 (up 44%).
Show more
- MEQIRI Score 56 out of 100 (Neutral): rank 141 of 325 in Real Estate, median 55.
- The P/E is 21.8 (Real Estate (Diversified) median 12.8, own median of recent years 12.4).
- Our model puts fair value at $4.11, with the price 9% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 215% of earnings over the last 12 months.Fundamentals 73
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 73
- High marginNet margin 20.5% over the last 12 months, Real Estate sector median 12.7%.
Weaknesses
- Richly valuedP/E 21.8, Real Estate (Diversified) median 12.8, own median 12.4.Valuation 58
- Interest barely coveredOperating profit covers interest only 1.8 times.Stability 69
- Margin fallingOperating margin 16.9%, average of the prior years 25.8% (to 2024).Profitability 47
Its standout strength is fundamentals, while growth and capital allocation hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $2.94 and expensive above $6.85 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $6.03 (cash-flow model) and $2.19 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $3.61, at 7.8% it would be $4.87.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (12.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 44.8% on the twelve months before. Revenue has grown solidly since 2005, at about 7% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 32%, operating 17%, net 22%.
Debt & balance sheet
Fiscal 2025Debt is moderate, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 23 Mar 2027in 130 days
- Last reported
- 20 Aug 2026EPS reported $0.13 (expected $0.10)above expectations
Analyst estimates
Earnings estimates have barely changed since 24 Oct 2026.
- Earnings per share
- $0.220.0%
- Revenue
- $3.65B0.0%
- Earnings per share
- $0.250.0%
- Revenue
- $3.64B0.0%
MEQIRI has stored the estimates since 24 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Henderson Land Development
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
325 rated companies in Real Estate
- This company
- 56
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Real Estate (Diversified)
The next larger and next smaller companies by market value
- Mitsubishi Estate8802.T $30.72B62
- Mitsui Fudosan8801.T $26.9B54
- Swiss Prime SiteSPSN.SW $12.93B51
- Daito Trust Construction1878.T $6.87B68
- Tokyu Fudosan Holdings3289.T $5.42B55
- Open House Group3288.T $5.26B62
- HIAG Immobilien HoldingHIAG.SW $1.63B64
- FastPartnerFPAR-A.ST $947.37M46
ETFs that hold Henderson Land Development
Held by 63 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares Asia Pacific Dividend UCITS ETFIQQX | 2.10% | 0.59% | €668.84M |
| iShares Dow Jones Asia Pacific Select Dividend 50 UCITS ETF (DE)EXXW | 2.08% | 0.31% | €678.06M |
| iShares Asia Property Yield UCITS ETFIQQ4 | 1.57% | 0.59% | €170.98M |
Show 5 more
| iShares STOXX Global Select Dividend 100 UCITS ETF (DE)ISPA | 1.18% | 0.46% | €5.31B |
| VanEck Global Real Estate UCITS ETFTRET | 0.35% | 0.25% | €475.95M |
| UBS FTSE EPRA Nareit Developed Green UCITS ETF USD disCSYZ | 0.34% | 0.25% | €207.65M |
| iShares Developed Markets Property Yield UCITS ETFIQQ6 | 0.29% | 0.59% | €813.1M |
| Amundi FTSE EPRA NAREIT Global UCITS ETF Dist10AJ | 0.24% | 0.24% | €606.07M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = HK$7.8782)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 2 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.