HKSE:00012 (Hong Kong)  
Henderson Land Development Co Ltd logo

Henderson Land Development Co Ltd

HK$ 28.95 (0%) Feb 1
On watch
P/E:
12.46
P/B:
0.44
Market Cap:
HK$ 144.75B ($ 18.33B)
Enterprise V:
HK$ 228.43B ($ 29.00B)
Volume:
2.74M
Avg Vol (2M):
3.32M
Also Trade In:
Volume:
2.74M
Market Cap HK$:
144.75B
Market Cap $:
18.33B
PE Ratio:
12.46
Avg Vol (2-Month):
3.32M
Enterprise Value HK$:
228.43B
Enterprise Value $:
29.00B
PB Ratio:
0.44

Business Description

Description
Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Founder Lee Shau Kee is the controlling shareholder, and a series of disposals in December 2017 reduced his stake to below 72.8%. The share disposals were the first since 1993, lessening the possibility of a privatization. Lee stepped down in May 2019, succeeded by his two sons as joint chairmen and managing directors. Henderson Land also controls four listed entities directly, including a 33.4% stake in Hong Kong Ferry, a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, and a 50.1% stake in Miramar Hotel & Investment.