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Landsea Green Management (HKSE:00106) Preferred Stock : HK$0 Mil (As of Jun. 2024)


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What is Landsea Green Management Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Landsea Green Management's preferred stock for the quarter that ended in Jun. 2024 was HK$0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Landsea Green Management's Enterprise Value for the quarter that ended in Jun. 2024 was HK$4,222 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Landsea Green Management's Book Value per Share for the quarter that ended in Jun. 2024 was HK$-0.16.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Landsea Green Management's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$-0.16.


Landsea Green Management Preferred Stock Historical Data

The historical data trend for Landsea Green Management's Preferred Stock 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.

* Premium members only.

Landsea Green Management Preferred Stock Chart

Landsea Green Management Annual Data
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Preferred Stock
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Landsea Green Management Semi-Annual Data
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Landsea Green Management Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Landsea Green Management  (HKSE:00106) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Landsea Green Management's Enterprise Value for the quarter that ended in Jun. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Landsea Green Management's Book Value per Share for the quarter that ended in Jun. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Landsea Green Management's Earnings per Share (Diluted) (EPS) for the six months ended in Jun. 2024 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.


Landsea Green Management Preferred Stock Related Terms

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Landsea Green Management Business Description

Traded in Other Exchanges
Address
8 Queen’s Road East, Unit 406, 4th Floor, Wan Chai, Hong Kong, HKG
Landsea Green Management Ltd is an investment holding company. It is principally engaged in development and sales of properties, provision of management services and leasing of properties. The company's segments include Property development and sales in US; Property development and sales in Mainland China; Management services; and Office property investment. It derives majority of revenue from Property development and sales in US segment. Geographically it operates in Mainland China, USA, and Hong Kong.
Executives
Tian Ming 2201 Interest of corporation controlled by you
Jin Yuanjie 2201 Interest of corporation controlled by you
Applied Equity Investment Limited 2101 Beneficial owner
Landsea Group Co., Ltd. 2201 Interest of corporation controlled by you
Nan Jing Ding Zhong Tou Zi Guan Li Gu Wen You Xian Gong Si 2201 Interest of corporation controlled by you
Landsea International Holdings Limited 2201 Interest of corporation controlled by you
Greensheid Corporation 2101 Beneficial owner
Tian Family Investment Pte. Ltd. 2101 Beneficial owner
Tian Family Holding Pte. Ltd. 2201 Interest of corporation controlled by you
Lucky Front Investments Limited 2101 Beneficial owner
Chen Huaijun 2201 Interest of corporation controlled by you
Ting Wang 2101 Beneficial owner
Nan Jing Shi Guo You Zi Chan Tou Zi Guan Li Kong Gu Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Nan Jing Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Nan Jing Shi Cheng Shi Jian She Tou Zi Kong Gu Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

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