Sun Hung Kai Properties (FRA:SHG) Net Income: €2,423 Mil (TTM As of Dec. 2025)

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FRA:SHG Sun Hung Kai Properties Ltd FRA:SHG
76 GF Score
Price €12.70
GF Value €10.38
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sun Hung Kai Properties Net Income?

Sun Hung Kai Properties FRA:SHG -1.55% 76 Net Income is €2,423 Mil as of Dec. 2025. GuruFocus rates FRA:SHG with a GF Score™ of 76/100 and a GF Value™ of €10.38 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Sun Hung Kai Properties's Net Income for the six months ended in Dec. 2025 was €1,125 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was €2,423 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sun Hung Kai Properties's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was €0.39.


Sun Hung Kai Properties  (FRA:SHG) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Sun Hung Kai Properties's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sun Hung Kai Properties Net Income Related Terms


Sun Hung Kai Properties Net Income Historical Data

* Premium members only.

The historical data trend for Sun Hung Kai Properties's Net Income 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.

Sun Hung Kai Properties Net Income Chart

Sun Hung Kai Properties Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,860.73 3,080.97 2,817.08 2,265.52 2,129.45

Sun Hung Kai Properties Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,073.78 1,177.73 924.24 1,298.41 1,124.68
FRA:SHG
76GF Score
Sun Hung Kai Properties Ltd FRA:SHG
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sun Hung Kai Properties Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Sun Hung Kai Properties's Net Income for the fiscal year that ended in Jun. 2025 is calculated as

Net Income(A: Jun. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2734.354+-537.857+0+-67.052
=2,129

Sun Hung Kai Properties's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1510.59+-348.809+0+-37.097
=1,125

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2,423 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of €2,423 Mil mean?
Sun Hung Kai Properties (FRA:SHG) has a Net Income of €2,423 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Sun Hung Kai Properties and its competitors.
Is Sun Hung Kai Properties' Net Income too high?
Sun Hung Kai Properties' current Net Income is €2,423 Mil. Overall, Sun Hung Kai Properties has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai Properties' Net Income compare to competitors?
Sun Hung Kai Properties' Net Income of €2,423 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Real Estate company?
A good Net Income depends on the Real Estate industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Sun Hung Kai Properties and its competitors. Sun Hung Kai Properties's current Net Income is €2,423 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai Properties stock overvalued right now?
Based on GuruFocus' analysis, Sun Hung Kai Properties (FRA:SHG) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.38, compared to a current price of €12.70 — trading 22.4% above its estimated fair value. The current Net Income is €2,423 Mil. Sun Hung Kai Properties' overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Sun Hung Kai Properties (FRA:SHG), the current Net Income is €2,423 Mil 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 Sun Hung Kai Properties (FRA:SHG) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Hung Kai Properties stock appears to be overvalued. The current stock price of €12.70 is trading 22.4% above its estimated GF Value™ of €10.38. GuruFocus considers Sun Hung Kai Properties to be Modestly Overvalued.

Key valuation signals for FRA:SHG:

  • Net Income: €2,423 Mil
  • GF Value™: €10.38 vs. price of €12.70 (22.4% above fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the FRA:SHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Hung Kai Properties Business Description

Address 30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, office, and retail real estate segments. Most of its business is based in Hong Kong, where it is a leading private housing developer and holds a portfolio of high-quality retail and office properties for rental income. The company also invests in other listed entities, including a telecommunication company, SmarTone, and a data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.
76GF Score

Get the complete analysis for FRA:SHG

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.70
Price
€10.38
GF Value