Holding company controlling Hang Lung Properties; value derives mainly from its listed mall/office property subsidiary.
Holding company controlling Hang Lung Properties; value derives mainly from its listed mall/office property subsidiary.
Reports the rental income of its subsidiary Hang Lung Properties, whose malls and offices, chiefly in mainland China with others in Hong Kong, carry almost all of the group's earnings. Because the group owns only a majority of that listed company, part of the profit belongs to its minority shareholders.
In one line: The parent holding company above a HK/China mall landlord.
Moat: narrow (installed base, brand). Value derives mainly from its controlling stake in Hang Lung Properties' mall portfolio.
Headquarters: Hong Kong · Founded: 1960 · Employees: 4,595
Size Hang Lung (0010.HK) is a Hong Kong Real Estate company (Real Estate Development) with a market value of $2.14B, the 404th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$12.35 on 6 Nov 2026.
Performance Over six months the shares fell 24.8%, against -5.4% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 9.2% over the last twelve months (peer median +8.6%); the operating margin is 53.3% (peer median 23.5%).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$11.6B | HK$10.4B | HK$11.8B | HK$10.9B | HK$10.9B |
| Revenue growth | — | -11% | +8% | -1% | — |
| Gross profit | HK$6.84B | HK$6.84B | HK$6.83B | HK$7.79B | HK$7.68B |
| EBITDA | HK$6.31B | HK$6.31B | HK$6.27B | HK$7.20B | HK$7.08B |
| Net income | HK$1.42B | HK$1.37B | HK$1.61B | HK$2.81B | HK$2.72B |
| Free cash flow | HK$5.04B | HK$4.02B | HK$1.00M | -HK$840M | HK$378M |
| Capital expenditure | HK$558M | HK$303M | HK$3.28B | HK$3.13B | HK$2.72B |
| Total debt | n/a | HK$55.2B | HK$58.1B | HK$51.0B | HK$46.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Hang Lung 0010.HK | $2.14B | -25% | +9% | 53% | n/a | n/a |
| Hang Lung Ppt 0101.HK | $4.40B | -29% | +10% | 53% | n/a | n/a |
| Wharf (Holdings) 0004.HK | $7.92B | -32% | -1% | 41% | n/a | n/a |
| Swire Properties 1972.HK | $19.4B | +4% | +6% | 49% | n/a | n/a |
| China Res Land 1109.HK | $29.1B | -7% | -12% | 16% | n/a | n/a |
| Wharf Reic 1997.HK | $12.6B | +24% | -1% | 73% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0010.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.6% | +1.3% | 10th highest of 21 |
| 6-month return | -24.8% | -5.4% | 4th lowest of 21 |
| Distance from 52-week high | -29.6% | -23.6% | 8th lowest of 21 |
| Revenue growth (TTM) | +9.2% | +8.6% | 11th highest of 21 |
| Operating margin | 53.3% | 23.5% | 7th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hang Lung 0010.HK | Hong Kong | $2.14B | -25% | +9% | 53% | n/a | n/a | n/a |
| Lumo Homes LUMO.HE | Finland | $2.14B | -3% | +1% | 59% | n/a | n/a | n/a |
| Sirius Real Estate SRE.L | United Kingdom | $2.14B | +1% | +13% | 41% | n/a | n/a | n/a |
| Hufvudstaden HUFV-A.ST | Sweden | $2.14B | -5% | -4% | 47% | n/a | n/a | n/a |
| Newmark NMRK | United States | $2.16B | -29% | +16% | 7% | n/a | n/a | n/a |
| Country Garden Services 6098.HK | Hong Kong | $2.13B | -21% | +11% | 4% | n/a | n/a | n/a |
| Hysan Development 0014.HK | Hong Kong | $2.16B | -20% | -2% | 72% | n/a | n/a | n/a |
| Winnovation Culturaltainment Development Limited 000620.SZ | China | $2.12B | -6% | +14% | -39% | n/a | n/a | n/a |
| Green Development Electricity Group of Tianjin 000537.SZ | China | $2.19B | -28% | +13% | 31% | n/a | n/a | n/a |
| Altarea SCA ALTA.PA | France | $2.05B | -31% | -20% | 9% | n/a | n/a | n/a |
| Neinor Homes HOME.MC | Spain | $2.04B | +10% | +165% | 10% | n/a | n/a | n/a |
| Investis IREN.SW | Switzerland | $2.26B | -2% | +10% | 67% | n/a | n/a | n/a |
| Fabege FABG.ST | Sweden | $2.02B | -16% | +27% | 59% | n/a | n/a | n/a |
| Wihlborgs Fastigheter WIHL.ST | Sweden | $2.28B | -14% | +7% | 70% | n/a | n/a | n/a |
| Nanjing Gaoke 600064.SS | China | $2.00B | -4% | +4% | -18% | n/a | n/a | n/a |
| Relo 8876.T | Japan | $2.30B | +21% | +7% | 20% | n/a | n/a | n/a |
| Leopalace21 8848.T | Japan | $1.99B | +52% | +3% | 8% | n/a | n/a | n/a |
| China Enterprise 600675.SS | China | $1.98B | -15% | -35% | 4% | n/a | n/a | n/a |
| Metrovacesa MVC.MC | Spain | $1.95B | -5% | +58% | 13% | n/a | n/a | n/a |
| Argan ARG.PA | France | $1.95B | +14% | +5% | 78% | n/a | n/a | n/a |
| Zhaojin International Gold 000506.SZ | China | $1.95B | -13% | +42% | 27% | n/a | n/a | n/a |