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Hong Kong property developer and investor that also owns the Langham hotel brand through Langham Hospitality.
Hong Kong property developer and investor that also owns the Langham hotel brand through Langham Hospitality.
Earns rent from properties it owns directly and through Champion REIT, a Hong Kong office and retail landlord whose manager it owns, plus management fees from running that REIT and hotel income from its Langham hotels in Asia, Europe and North America. The Lo family controls the group.
In one line: A Hong Kong property group with an owned luxury-hotel brand.
Moat: narrow (brand, scale). Established Langham hotel brand plus a long-held Hong Kong investment-property portfolio.
Headquarters: Hong Kong · Founded: 1963 · Employees: 6,216
Size Great Eagle (0041.HK) is a Hong Kong Consumer Discretionary company (Hotels/Resorts/Cruise lines) with a market value of $1.37B, the 514th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$14.29 on 6 Nov 2026.
Performance Over six months the shares fell 23.9%, against -7.4% 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 74.9% over the last twelve months (peer median +5.3%); the operating margin is 12.5% (peer median 17.7%).
Valuation It trades at 2.4× enterprise value to sales against a peer median of 3.2× (9th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.1 points below its cost of capital (5.2% WACC).
Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$19.3B | HK$19.7B | HK$10.9B | HK$10.6B | HK$8.88B |
| Revenue growth | — | +81% | +2% | +20% | — |
| Gross profit | HK$2.96B | HK$3.06B | HK$3.32B | HK$3.78B | HK$2.77B |
| EBITDA | HK$3.31B | HK$3.42B | HK$3.68B | HK$4.16B | HK$3.10B |
| Net income | -HK$271M | -HK$1.65B | -HK$1.73B | HK$764M | -HK$181M |
| Free cash flow | HK$5.16B | HK$6.02B | HK$3.70B | HK$746M | HK$1.45B |
| Capital expenditure | HK$496M | HK$531M | HK$556M | HK$420M | HK$450M |
| Total debt | n/a | HK$30.9B | HK$32.4B | HK$34.6B | HK$33.2B |
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 |
|---|---|---|---|---|---|---|
| Great Eagle 0041.HK | $1.37B | -24% | +75% | 12% | 2.4× | -0.9% |
| Shangri-La Asia 0069.HK | $1.87B | -9% | +5% | 35% | 3.3× | -8.7% |
| Hongkong & Shanghai Hotels 0045.HK | $1.11B | -12% | -4% | 13% | 2.7× | 4.0% |
| Wharf (Holdings) 0004.HK | $7.92B | -32% | -1% | 41% | 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 | 0041.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.2% | +0.4% | 9th highest of 21 |
| 6-month return | -23.9% | -7.4% | 4th lowest of 21 |
| Distance from 52-week high | -25.6% | -25.4% | 11th highest of 21 |
| Revenue growth (TTM) | +74.9% | +5.3% | highest of 21 |
| Operating margin | 12.5% | 17.7% | 7th lowest of 21 |
| EV / Sales | 2.4× | 3.2× | 9th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -0.9% | 4.0% | 8th least demanding of 20 |
| Growth delivered (Del g) | +13.8% | +23.2% | 6th lowest of 20 |
| Hurdle (Req g minus delivered) | -14.7 pp | -20.2 pp | 7th most demanding of 20 |
| ROIC minus cost of capital | -3.1 pp | +1.9 pp | 5th lowest of 21 |
| EV / EBITDA | 13.7× | 12.5× | 6th most expensive of 18 |
| Net debt / EBITDA | 7.2× | 2.5× | 3rd most indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Great Eagle 0041.HK | Hong Kong | $1.37B | -24% | +75% | 12% | 2.4× | -0.9% | +13.8% |
| Ventive Hospitality VENTIVE.NS | India | $1.34B | -17% | +15% | 29% | 6.5× | 29.9% | +78.5% |
| NagaCorp 3918.HK | Hong Kong | $1.21B | -48% | +12% | 58% | 1.3× | -19.3% | -4.1% |
| SkiStar SKIS-B.ST | Sweden | $1.58B | +27% | +7% | 17% | 3.8× | 8.4% | +12.5% |
| Target Hospitality TH | United States | $1.13B | -26% | +12% | -9% | 3.4× | 49.9% | +7.3% |
| Hongkong & Shanghai Hotels 0045.HK | Hong Kong | $1.11B | -12% | -4% | 13% | 2.7× | 4.0% | +24.1% |
| Fujita Kanko 9722.T | Japan | $1.08B | +37% | +3% | 16% | 2.1× | -4.6% | +25.2% |
| Melco Resorts & Entertainment Ltd. Sponsored ADR MLCO | United States | $1.79B | -16% | +6% | 12% | 1.6× | -6.2% | +24.5% |
| Shangri-La Asia 0069.HK | Hong Kong | $1.87B | -9% | +5% | 35% | 3.3× | -8.7% | +16.8% |
| Chalet Hotels CHALET.NS | India | $1.88B | +2% | -17% | 34% | 9.3× | 24.1% | +57.5% |
| HtlShilla 008770.KS | South Korea | $985M | -46% | +1% | 3% | 0.3× | -7.6% | +5.0% |
| Lemon Tree Hotels LEMONTREE.NS | India | $984M | -4% | +10% | 38% | 6.3× | 17.4% | +41.3% |
| Pierre et Vacances VAC.PA | France | $974M | -1% | +5% | 15% | 2.1× | -0.6% | +9.8% |
| Monarch Casino & Resort MCRI | United States | $1.92B | -8% | +5% | 27% | 3.2× | 6.7% | +24.2% |
| Kyoritsu Maintenance 9616.T | Japan | $2.00B | +47% | +20% | 9% | 1.5× | 2.3% | +17.8% |
| Huangshan Tourism Development 600054.SS | China | $926M | -13% | +2% | 20% | 2.3× | -9.4% | +23.2% |
| EIH EIHOTEL.NS | India | $2.07B | -7% | +8% | 29% | 6.5× | 28.9% | +42.9% |
| Hotel Properties H15.SI | Singapore | $2.07B | +11% | +2% | 7% | 6.8× | n/a | n/a |
| Guangzhou Lingnan 000524.SZ | China | $885M | -19% | +6% | 2% | 0.9× | 11.7% | +19.4% |
| PPHE Hotel PPH.L | United Kingdom | $864M | -2% | +5% | 19% | 3.7× | 7.7% | +35.6% |
| Hbx Group International HBX.MC | Spain | $2.19B | +29% | +4% | 38% | 3.6× | -4.2% | +18.4% |