The Wharf (Holdings) Limited (0004.HK)
- Previous Close
23.250 - Open
23.100 - Bid 23.750 x --
- Ask 23.800 x --
- Day's Range
23.100 - 23.950 - 52 Week Range
15.740 - 28.950 - Volume
3,986,011 - Avg. Volume
1,226,614 - Market Cap (intraday)
72.734B - Beta (5Y Monthly) 0.65
- PE Ratio (TTM)
76.77 - EPS (TTM)
0.310 - Earnings Date Aug 7, 2024 - Aug 12, 2024
- Forward Dividend & Yield 0.40 (1.72%)
- Ex-Dividend Date Apr 9, 2024
- 1y Target Est
22.18
Founded in 1886 as the 17th company registered in Hong Kong, The Wharf (Holdings) Limited (Stock Code: 0004) is a premier company with strong connection to the history of Hong Kong. As one of the 30 constituent stocks in the original Hang Seng Index from the 1960s, Wharf is backed by a long standing mission of Building for Tomorrow and a proven track record in management and execution. After spinning off Wharf Real Estate Investment Company Limited as a separately-listed company (Stock Code: 1997) in 2017, the Group's businesses currently comprise Investment Properties, Hotels and Development Properties in Hong Kong and Mainland China. Other businesses include Logistics Infrastructure through Modern Terminals and Hong Kong Air Cargo Terminals. The Group's exclusive Peak Portfolio, comprising a rare collection of unique properties, continues to feature the highest bespoke quality and craftsmanship catering to the demands of a discerning clientele that does not buy in off plans presale. The development profile is characterised by attention to details, generous development cost, long payback period and high capital intensity. In Mainland Investment Properties, starting from a small nascent base some 20 years ago, the Group's proactive efforts are beginning to bear fruit in order to realise plans to generate a proper return over the next 20 to 30 years remaining on the majority of the underlying land leases. However, market dynamics have changed and competition has significantly stiffened. The Mainland Development Properties land bank at the end of June 2022 was 1.94 million square metres. Strict price control and other regulatory policies have depressed selling prices and increased investment risk. The Group has become more selective with new land acquisition. At the same time, the Group's land bank has been marked to market, which is however still undergoing correction. Wharf Hotels manages 16 hotels, with over 5,000 rooms and suites, in Mainland China, Hong Kong and the Philippines. Niccolo Suzhou, opened in April 2021, was the fifth addition to the luxury Niccolo Hotels brand, with the other 11 hotels under the foundation Marco Polo Hotels brand. The Group owns three of these hotels and a fourth through a 50/50 joint venture. The Group also owns and operates Modern Terminals and is a founding partner in Hong Kong Air Cargo Terminals, key components in Hong Kong's success as an international trade and transportation hub for decades. Building for Tomorrow also extends to Wharf's Business-in-Community (BIC) commitment. Flagship school improvement programme Project WeCan grows from strength to strength along with a series of BIC initiatives, with an aim of helping different segments of society in Hong Kong and the Mainland.
www.wharfholdings.com6,400
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
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Performance Overview: 0004.HK
Trailing total returns as of 6/3/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
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Statistics: 0004.HK
Valuation Measures
Market Cap
71.05B
Enterprise Value
86.93B
Trailing P/E
75.00
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
3.75
Price/Book (mrq)
0.50
Enterprise Value/Revenue
4.59
Enterprise Value/EBITDA
23.18
Financial Highlights
Profitability and Income Statement
Profit Margin
4.99%
Return on Assets (ttm)
2.02%
Return on Equity (ttm)
0.73%
Revenue (ttm)
18.95B
Net Income Avi to Common (ttm)
945M
Diluted EPS (ttm)
0.310
Balance Sheet and Cash Flow
Total Cash (mrq)
11.59B
Total Debt/Equity (mrq)
13.16%
Levered Free Cash Flow (ttm)
1.63B
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