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Hang Lung GroupHNLGF 62 Debt-to-Equity is 0.56 as of Dec. 2025, which is 24% above its 10-year median of 0.45. GuruFocus rates HNLGF with a GF Score™ of 62/100 and a GF Value™ of $1.51. The stock has 7 warning signs investors should review. Among 1,544 Real Estate companies, Hang Lung Group ranks better than 59.26% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Hang Lung Group's Debt-to-Equity or its related term are showing as below:
HNLGF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.45 Max: 0.61
Current: 0.55
During the past 13 years, the highest Debt-to-Equity Ratio of Hang Lung Group was 0.61. The lowest was 0.34. And the median was 0.45.
HNLGF's Debt-to-Equity is ranked better than 59.26% of 1544
companies
in the Real Estate industry
Industry Median: 0.75
vs HNLGF: 0.55
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Hang Lung Group Debt-to-Equity Related Terms
Hang Lung Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Hang Lung Group's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HNLGF vs CBRE, BEKE, JLL: Debt-to-Equity Comparison
For the Real Estate Services subindustry, Hang Lung Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hang Lung Group Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hang Lung Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hang Lung Group's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hang Lung Group (HNLGF) has a Debt-to-Equity of 0.56 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hang Lung Group and its competitors. This is 24% above median its historical median of 0.45. Over the past decade, Hang Lung Group's Debt-to-Equity has ranged from 0.34 to 0.61. According to the industry distribution chart, Hang Lung Group ranks #629 out of 1544 companies in the Real Estate industry, placing it in the top 40.7%.
Is Hang Lung Group's Debt-to-Equity too high?
Hang Lung Group's current Debt-to-Equity of 0.56 is 24% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.61. The Real Estate industry median Debt-to-Equity is 0.75. Hang Lung Group's value of 0.56 is 25.3% below this industry median. Based on the distribution chart, Hang Lung Group ranks #629 out of 1544 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hang Lung Group has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Hang Lung Group's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hang Lung Group ranks #629 out of 1544 companies for Debt-to-Equity. This puts Hang Lung Group in the upper half of its industry. The industry median Debt-to-Equity is 0.75. Hang Lung Group's value of 0.56 is 25.3% below this benchmark. Historically, Hang Lung Group's own Debt-to-Equity has ranged from 0.34 to 0.61 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.75, Hang Lung Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hang Lung Group's current Debt-to-Equity of 0.56 is 25.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hang Lung Group and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hang Lung Group's current Debt-to-Equity is 0.56, which is 24% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Lung Group stock overvalued right now?
Hang Lung Group (HNLGF) has a current Debt-to-Equity of 0.56. The stock's GF Value™ is $1.51, compared to a current price of $1.94 — trading 28.5% above its estimated fair value. The current Debt-to-Equity is 0.56, which is 24% above median its 10-year median of 0.45 and 25.3% below the Real Estate industry median of 0.75. Hang Lung Group's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Hang Lung Group (HNLGF), the current Debt-to-Equity is 0.56 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hang Lung Group (HNLGF) Overvalued in 2026?
Based on GuruFocus' analysis, Hang Lung Group stock appears to be overvalued.
The current stock price of $1.94 is trading 28.5% above its estimated GF Value™ of $1.51.
Key valuation signals for HNLGF:
Debt-to-Equity: 0.56 (24% above median its 10-year median of 0.45)
GF Value™: $1.51 vs. price of $1.94 (28.5% above fair value)
Industry Position: 25.3% below the Real Estate median (#629 of 1544)
No single metric tells the full story. See the HNLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hang Lung Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development for sales and leasing, property investment for rental income, and other investments. The Group also operates in property management, and through its joint ventures, is involved in the provision of dry and laundry cleaning services. Its reportable segments are Property Leasing, Hotels, and Property Sales. Maximum revenue is generated from the Property Leasing segment, which includes leasing of a portfolio of commercial, office, and residential properties in Mainland China and Hong Kong. Geographically, the Group generates maximum revenue from the Chinese Mainland and the rest from Hong Kong.
62GF Score
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