China Merchants Land (HKSE:00978) Shareholder Yield % : 474.41% (As of Dec. 2025)

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HKSE:00978 China Merchants Land Ltd HKSE:00978
43 GF Score
Price HK$0.24
GF Value HK$0.31
Valuation Modestly Undervalued
! 8 Warning Signs
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What is China Merchants Land Shareholder Yield %?

China Merchants Land HKSE:00978 +2.13% 43 Shareholder Yield % is 474.41% as of Dec. 2025. GuruFocus rates HKSE:00978 with a GF Score™ of 43/100 and a GF Value™ of HK$0.31 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,704 Real Estate companies, China Merchants Land ranks better than 97.89% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, China Merchants Land's Shareholder Yield % was 474.41%.


China Merchants Land  (HKSE:00978) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


China Merchants Land Shareholder Yield % Related Terms


China Merchants Land Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for China Merchants Land's Shareholder Yield % 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.

China Merchants Land Shareholder Yield % Chart

China Merchants Land Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -312.68 -291.57 235.53 -166.84 406.64

China Merchants Land Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shareholder Yield % 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 235.53 -217.41 -166.84 399.95 406.64

China Merchants Land Shareholder Yield % Competitor Comparison

For the Real Estate - Diversified subindustry, China Merchants Land's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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.


China Merchants Land Shareholder Yield % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, China Merchants Land's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where China Merchants Land's Shareholder Yield % falls into.


HKSE:00978
43GF Score
China Merchants Land Ltd HKSE:00978
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Land Shareholder Yield % Calculation

China Merchants Land's Shareholder Yield % for the quarter that ended in Dec. 2025 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0.00 %+0.00 %+406.64 %
=406.64 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 474.41% mean?
China Merchants Land (HKSE:00978) has a Shareholder Yield % of 474.41% as of Dec. 2025. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on China Merchants Land and its competitors. According to the industry distribution chart, China Merchants Land ranks #36 out of 1704 companies in the Real Estate industry, placing it in the top 2.1%.
Is China Merchants Land's Shareholder Yield % too high?
China Merchants Land's current Shareholder Yield % is 474.41%. The Real Estate industry median Shareholder Yield % is 0.49. China Merchants Land's value of 474.41% is 97716.5% above this industry median. Based on the distribution chart, China Merchants Land ranks #36 out of 1704 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, China Merchants Land has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Land's Shareholder Yield % compare to competitors?
According to the Real Estate industry distribution chart, China Merchants Land ranks #36 out of 1704 companies for Shareholder Yield %. This places China Merchants Land in the top 2% of its industry — outperforming the majority of peers. The industry median Shareholder Yield % is 0.49. China Merchants Land's value of 474.41% is 97716.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for a Real Estate company?
The median Shareholder Yield % among Real Estate companies is 0.49, based on 1,704 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Merchants Land's current Shareholder Yield % of 474.41% is 97716.5% above 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on China Merchants Land and its competitors. For the Real Estate industry, the median Shareholder Yield % is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Land's current Shareholder Yield % is 474.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Land stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Land (HKSE:00978) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.31, compared to a current price of HK$0.24 — trading 22.6% below its estimated fair value. The current Shareholder Yield % is 474.41% and 97716.5% above the Real Estate industry median of 0.49. China Merchants Land's overall GF Score™ is 43/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For China Merchants Land (HKSE:00978), the current Shareholder Yield % is 474.41% 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 China Merchants Land (HKSE:00978) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Land stock appears to be undervalued. The current stock price of HK$0.24 is trading 22.6% below its estimated GF Value™ of HK$0.31. GuruFocus considers China Merchants Land to be Modestly Undervalued.

Key valuation signals for HKSE:00978:

  • Shareholder Yield %: 474.41%
  • GF Value™: HK$0.31 vs. price of HK$0.24 (22.6% below fair value)
  • GF Score™: 43/100 with 8 warning signs
  • Industry Position: 97716.5% above the Real Estate median (#36 of 1704)

No single metric tells the full story. See the HKSE:00978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Merchants Land Business Description

Other Exchanges TNY1:Germany
Address No. 303 Des Voeux Road Central, 8th Floor, China Merchants Plaza, Hong Kong, HKG
China Merchants Land Ltd is an investment holding company. The company is principally engaged in the development, sale, lease, investment and management of properties; assets management; and investment holding activities. The company has two operating segment Development and sales of properties and property leasing (Properties Segment); and Asset management for office premises and shopping malls (Asset Management Segment). The company generated majority of revenue from Properties Segment. The company has presence in Foshan, Guangzhou, Nanjing and Jurong, Chongqing, Xi'an, and Hong Kong.
43GF Score

Get the complete analysis for HKSE:00978

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

HK$0.24
Price
HK$0.31
GF Value