China Merchants Land Limited Logo

China Merchants Land Limited

0978.HK

(2.8)
Stock Price

0,28 HKD

0.07% ROA

0.92% ROE

16.59x PER

Market Cap.

1.514.968.948,91 HKD

374.17% DER

7.77% Yield

0.38% NPM

China Merchants Land Limited Stock Analysis

China Merchants Land Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

China Merchants Land Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (17.65%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 PBV

With a remarkably low PBV ratio (0.14x), the stock offers substantial upside potential at a bargain price.

3 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

4 ROA

The stock's ROA (1.32%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

7 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (5), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 DER

The company has a high debt to equity ratio (363%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

China Merchants Land Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

China Merchants Land Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Hold

China Merchants Land Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

China Merchants Land Limited Revenue
Year Revenue Growth
1997 1.628.843.606
1998 1.965.737.787 17.14%
1999 2.166.929.246 9.28%
2000 2.783.285.146 22.14%
2001 2.134.504.409 -30.39%
2002 2.844.468.366 24.96%
2003 2.202.917.034 -29.12%
2004 2.797.791.007 21.26%
2005 2.472.649.386 -13.15%
2006 2.569.330.654 3.76%
2007 2.181.500.290 -17.78%
2008 1.812.848.059 -20.34%
2009 428.100.198 -323.46%
2010 65.299.960 -555.59%
2011 144.781.910 54.9%
2012 4.362.053.000 96.68%
2013 6.927.871.000 37.04%
2014 7.440.436.000 6.89%
2015 6.394.944.000 -16.35%
2016 11.606.442.000 44.9%
2017 17.310.562.000 32.95%
2018 11.955.899.000 -44.79%
2019 19.453.295.000 38.54%
2019 19.453.295.000 0%
2020 18.956.418.000 -2.62%
2021 25.921.416.000 26.87%
2022 29.871.347.000 13.22%
2023 37.973.098.000 21.34%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

China Merchants Land Limited Research and Development Expenses
Year Research and Development Expenses Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

China Merchants Land Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1997 0
1998 0 0%
1999 88.256.635 100%
2000 95.898.365 7.97%
2001 79.980.459 -19.9%
2002 75.583.934 -5.82%
2003 77.760.696 2.8%
2004 89.206.256 12.83%
2005 71.378.811 -24.98%
2006 76.408.362 6.58%
2007 76.117.204 -0.38%
2008 69.637.252 -9.31%
2009 89.672.331 22.34%
2010 34.015.142 -163.62%
2011 25.209.733 -34.93%
2012 45.158.000 44.17%
2013 89.235.000 49.39%
2014 89.357.000 0.14%
2015 98.352.000 9.15%
2016 130.201.000 24.46%
2017 140.611.000 7.4%
2018 162.740.000 13.6%
2019 247.011.000 34.12%
2019 247.011.000 0%
2020 202.843.000 -21.77%
2021 277.676.000 26.95%
2022 296.312.000 6.29%
2023 558.900.000 46.98%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

China Merchants Land Limited EBITDA
Year EBITDA Growth
1997 47.660.148
1998 68.077.910 29.99%
1999 97.897.116 30.46%
2000 36.696.922 -166.77%
2001 23.966.258 -53.12%
2002 125.226.451 80.86%
2003 87.825.032 -42.59%
2004 88.733.996 1.02%
2005 122.293.980 27.44%
2006 38.291.657 -219.38%
2007 159.645.093 76.01%
2008 -14.654.069 1189.43%
2009 -648.131.535 97.74%
2010 370.791.625 274.8%
2011 -15.684.287 2464.1%
2012 2.280.801.000 100.69%
2013 2.764.861.000 17.51%
2014 1.900.781.000 -45.46%
2015 1.132.805.000 -67.79%
2016 2.901.451.000 60.96%
2017 5.826.918.000 50.21%
2018 4.400.048.000 -32.43%
2019 5.779.627.000 23.87%
2019 6.663.645.000 13.27%
2020 4.427.409.000 -50.51%
2021 4.489.546.000 1.38%
2022 3.636.157.000 -23.47%
2023 2.461.030.000 -47.75%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

China Merchants Land Limited Gross Profit
Year Gross Profit Growth
1997 1.628.843.606
1998 1.965.737.787 17.14%
1999 203.388.636 -866.49%
2000 151.546.408 -34.21%
2001 125.447.343 -20.8%
2002 157.729.634 20.47%
2003 111.005.080 -42.09%
2004 114.421.772 2.99%
2005 126.518.393 9.56%
2006 123.064.088 -2.81%
2007 169.886.147 27.56%
2008 -17.606.400 1064.91%
2009 -31.769.626 44.58%
2010 2.013.994 1677.44%
2011 -2.484.333 181.07%
2012 2.441.916.000 100.1%
2013 2.802.659.000 12.87%
2014 2.072.912.000 -35.2%
2015 1.556.932.000 -33.14%
2016 3.337.146.000 53.35%
2017 5.706.458.000 41.52%
2018 3.988.020.000 -43.09%
2019 6.329.628.000 36.99%
2019 6.329.628.000 0%
2020 4.719.576.000 -34.11%
2021 4.791.751.000 1.51%
2022 4.003.533.000 -19.69%
2023 3.954.872.000 -1.23%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

China Merchants Land Limited Net Profit
Year Net Profit Growth
1997 44.325.306
1998 73.624.437 39.8%
1999 75.784.595 2.85%
2000 13.287.091 -470.36%
2001 9.794.693 -35.66%
2002 46.555.314 78.96%
2003 27.188.363 -71.23%
2004 29.248.300 7.04%
2005 19.235.699 -52.05%
2006 23.734.106 18.95%
2007 5.122.779 -363.31%
2008 -154.218.692 103.32%
2009 -695.908.354 77.84%
2010 327.743.466 312.33%
2011 -50.872.789 744.24%
2012 428.780.000 111.86%
2013 458.890.000 6.56%
2014 380.245.000 -20.68%
2015 185.416.000 -105.08%
2016 811.449.000 77.15%
2017 1.638.124.000 50.46%
2018 1.216.132.000 -34.7%
2019 2.699.736.000 54.95%
2019 2.699.736.000 0%
2020 1.513.445.000 -78.38%
2021 1.582.866.000 4.39%
2022 1.730.026.000 8.51%
2023 98.548.000 -1655.52%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

China Merchants Land Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1997 1
1998 1 0%
1999 1 0%
2000 0 0%
2001 0 0%
2002 1 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 -1 100%
2009 -7 83.33%
2010 1 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 1 0%
2019 1 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

China Merchants Land Limited Free Cashflow
Year Free Cashflow Growth
1997 84.811.428
1998 16.054.387 -428.28%
1999 39.023.220 58.86%
2000 -80.322.554 148.58%
2001 25.670.789 412.89%
2002 118.702.891 78.37%
2003 -220.715.476 153.78%
2004 -134.132.538 -64.55%
2005 121.586.983 210.32%
2006 -74.906.943 262.32%
2007 -64.999.377 -15.24%
2008 -23.900.824 -171.95%
2009 -72.648.235 67.1%
2010 -53.426.090 -35.98%
2011 -24.199.102 -120.78%
2012 2.570.535.000 100.94%
2013 -1.848.554.000 239.06%
2014 -6.170.265.000 70.04%
2015 1.431.059.000 531.17%
2016 -792.565.000 280.56%
2017 2.236.556.000 135.44%
2018 1.149.177.000 -94.62%
2019 3.190.834.000 63.99%
2019 797.708.500 -300%
2020 7.657.407.000 89.58%
2021 -6.125.719.000 225%
2022 6.123.769.000 200.03%
2023 -2.156.925.000 383.91%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

China Merchants Land Limited Operating Cashflow
Year Operating Cashflow Growth
1997 136.734.962
1998 117.134.884 -16.73%
1999 95.190.979 -23.05%
2000 54.515.872 -74.61%
2001 99.133.113 45.01%
2002 193.329.570 48.72%
2003 -88.906.237 317.45%
2004 23.752.040 474.31%
2005 195.282.141 87.84%
2006 9.566.983 -1941.21%
2007 8.277.546 -15.58%
2008 -8.215.026 200.76%
2009 -51.793.365 84.14%
2010 -51.670.279 -0.24%
2011 -23.967.567 -115.58%
2012 2.571.749.000 100.93%
2013 -1.847.255.000 239.22%
2014 -6.162.799.000 70.03%
2015 1.435.541.000 529.3%
2016 -760.759.000 288.7%
2017 2.322.702.000 132.75%
2018 1.252.716.000 -85.41%
2019 3.279.939.000 61.81%
2019 819.984.750 -300%
2020 7.670.106.000 89.31%
2021 -6.113.200.000 225.47%
2022 6.151.514.000 199.38%
2023 -2.153.444.500 385.66%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

China Merchants Land Limited Capital Expenditure
Year Capital Expenditure Growth
1997 51.923.533
1998 101.080.496 48.63%
1999 56.167.758 -79.96%
2000 134.838.426 58.34%
2001 73.462.324 -83.55%
2002 74.626.679 1.56%
2003 131.809.239 43.38%
2004 157.884.578 16.52%
2005 73.695.157 -114.24%
2006 84.473.926 12.76%
2007 73.276.923 -15.28%
2008 15.685.798 -367.15%
2009 20.854.870 24.79%
2010 1.755.811 -1087.76%
2011 231.535 -658.33%
2012 1.214.000 80.93%
2013 1.299.000 6.54%
2014 7.466.000 82.6%
2015 4.482.000 -66.58%
2016 31.806.000 85.91%
2017 86.146.000 63.08%
2018 103.539.000 16.8%
2019 89.105.000 -16.2%
2019 22.276.250 -300%
2020 12.699.000 -75.42%
2021 12.519.000 -1.44%
2022 27.745.000 54.88%
2023 3.480.500 -697.16%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

China Merchants Land Limited Equity
Year Equity Growth
1997 213.683.172
1998 306.650.135 30.32%
1999 717.502.616 57.26%
2000 397.076.669 -80.7%
2001 403.495.803 1.59%
2002 430.923.197 6.36%
2003 421.158.898 -2.32%
2004 551.735.872 23.67%
2005 525.148.024 -5.06%
2006 535.104.656 1.86%
2007 506.195.496 -5.71%
2008 340.981.799 -48.45%
2009 -372.697.049 191.49%
2010 49.371.103 854.89%
2011 3.534.773 -1296.73%
2012 3.375.851.999 99.9%
2013 11.456.311.000 70.53%
2014 10.924.717.000 -4.87%
2015 11.685.090.000 6.51%
2016 14.107.970.000 17.17%
2017 21.771.226.000 35.2%
2018 23.797.028.000 8.51%
2019 28.829.567.000 17.46%
2020 31.266.834.000 7.8%
2021 33.850.597.000 7.63%
2022 32.726.265.000 -3.44%
2023 35.124.989.000 6.83%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

China Merchants Land Limited Assets
Year Assets Growth
1997 727.901.814
1998 729.147.302 0.17%
1999 851.668.987 14.39%
2000 933.483.341 8.76%
2001 967.356.398 3.5%
2002 1.192.616.449 18.89%
2003 1.553.743.998 23.24%
2004 1.449.041.057 -7.23%
2005 1.571.779.885 7.81%
2006 1.466.413.307 -7.19%
2007 1.547.624.583 5.25%
2008 1.098.366.501 -40.9%
2009 383.987.751 -186.04%
2010 318.442.140 -20.58%
2011 206.870.759 -53.93%
2012 23.297.738.000 99.11%
2013 28.160.951.000 17.27%
2014 33.599.922.000 16.19%
2015 38.863.715.000 13.54%
2016 48.446.368.000 19.78%
2017 57.817.312.000 16.21%
2018 71.270.665.000 18.88%
2019 88.421.911.000 19.4%
2020 111.025.883.000 20.36%
2021 138.727.655.000 19.97%
2022 130.868.300.000 -6.01%
2023 132.670.547.000 1.36%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

China Merchants Land Limited Liabilities
Year Liabilities Growth
1997 514.218.642
1998 422.497.166 -21.71%
1999 134.166.369 -214.91%
2000 536.406.671 74.99%
2001 563.860.594 4.87%
2002 761.693.251 25.97%
2003 1.132.585.099 32.75%
2004 897.305.184 -26.22%
2005 1.046.631.860 14.27%
2006 931.308.650 -12.38%
2007 1.041.429.087 10.57%
2008 757.384.702 -37.5%
2009 756.684.800 -0.09%
2010 269.071.037 -181.22%
2011 203.335.986 -32.33%
2012 19.921.886.000 98.98%
2013 16.704.640.000 -19.26%
2014 22.675.205.000 26.33%
2015 27.178.625.000 16.57%
2016 34.338.398.000 20.85%
2017 36.046.086.000 4.74%
2018 47.473.637.000 24.07%
2019 59.592.344.000 20.34%
2020 79.759.049.000 25.28%
2021 104.877.058.000 23.95%
2022 98.142.035.000 -6.86%
2023 97.545.558.000 -0.61%

China Merchants Land Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.87
Net Income per Share
0.02
Price to Earning Ratio
16.59x
Price To Sales Ratio
0.06x
POCF Ratio
-0.62
PFCF Ratio
-0.62
Price to Book Ratio
0.15
EV to Sales
1.19
EV Over EBITDA
13.91
EV to Operating CashFlow
-11.66
EV to FreeCashFlow
-11.61
Earnings Yield
0.06
FreeCashFlow Yield
-1.61
Market Cap
1,51 Bil.
Enterprise Value
28,32 Bil.
Graham Number
0.92
Graham NetNet
-10.89

Income Statement Metrics

Net Income per Share
0.02
Income Quality
-26.6
ROE
0.01
Return On Assets
0
Return On Capital Employed
0.03
Net Income per EBT
0.05
EBT Per Ebit
1.02
Ebit per Revenue
0.08
Effective Tax Rate
0.56

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.12
Operating Profit Margin
0.08
Pretax Profit Margin
0.08
Net Profit Margin
0

Dividends

Dividend Yield
0.08
Dividend Yield %
7.77
Payout Ratio
4.39
Dividend Per Share
0.02

Operating Metrics

Operating Cashflow per Share
-0.5
Free CashFlow per Share
-0.5
Capex to Operating CashFlow
-0
Capex to Revenue
0
Capex to Depreciation
0.06
Return on Invested Capital
0.02
Return on Tangible Assets
0
Days Sales Outstanding
0.31
Days Payables Outstanding
195.44
Days of Inventory on Hand
1177.26
Receivables Turnover
1192.12
Payables Turnover
1.87
Inventory Turnover
0.31
Capex per Share
0

Balance Sheet

Cash per Share
2,10
Book Value per Share
7,16
Tangible Book Value per Share
7.13
Shareholders Equity per Share
2.02
Interest Debt per Share
7.74
Debt to Equity
3.74
Debt to Assets
0.28
Net Debt to EBITDA
13.16
Current Ratio
1.32
Tangible Asset Value
34,96 Bil.
Net Current Asset Value
-4,69 Bil.
Invested Capital
23317271000
Working Capital
22,58 Bil.
Intangibles to Total Assets
0
Average Receivables
0,02 Bil.
Average Payables
11,23 Bil.
Average Inventory
67634899000
Debt to Market Cap
24.48

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

China Merchants Land Limited Dividends
Year Dividends Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

China Merchants Land Limited Profile

About China Merchants Land Limited

China Merchants Land Limited, an investment holding company, engages in the investment, development, management, lease, and sale of properties. The company operates through Properties and Asset Management segments. Its property portfolio includes residential properties; and residential and commercial complex properties, such as apartments, villas, offices, retail shops, etc. The company also offers asset management services for office premises and shopping malls. As of December 31, 2021, it had a portfolio of 50 property development projects in Guangzhou, Foshan, Chongqing, Xi'an, Nanjing, and Jurong; and a land bank of approximately 5,406,063 square meters. The company was formerly known as Tonic Industries Holdings Limited. The company was incorporated in 1997 and is headquartered in Central, Hong Kong. China Merchants Land Limited is a subsidiary of Success Well Investments Limited.

CEO
Ms. Yan Chen
Employee
799
Address
China Merchants Tower
Central,

China Merchants Land Limited Executives & BODs

China Merchants Land Limited Executives & BODs
# Name Age
1 Mr. King Yuen Wong
Executive Director
70
2 Ms. Yan Chen
Executive Director & Chief Financial Officer
70
3 Mr. Ho Ng
Company Secretary
70
4 Dr. Shu Fai So
Executive Director
70

China Merchants Land Limited Competitors