Hang Lung Properties Limited’s FY2022 Earnings Forecast

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Hang Lung Intrinsic Value – Hang Lung ($SEHK:00010) Properties Limited is a leading property developer in Hong Kong. The company’s FY2022 earnings are forecast by equities analysts to be strong, with Hang Lung Properties Limited expected to report healthy profits. The company’s stock price is also expected to perform well in the coming year, making it a good investment for those looking to profit from the property sector in Hong Kong.

Earnings

Hang Lung Properties Limited’s FY2022 Earnings Forecast Hang Lung Properties Limited announced its earnings results for the second quarter of its fiscal year 2022, ended June 30. The company reported total revenue of 11.2 billion Hong Kong dollars , an increase of 2.8% from the previous year. Net income was 2.5 billion HKD, a decrease of 3.8% from the previous year. Hang Lung’s total revenue has increased from 9.5 billion HKD to 11.2 billion HKD in the last three years.

The company attributed the decrease in net income to higher operating expenses and interest expenses. Looking ahead, Hang Lung expects to continue to grow its total revenue and net income in the second half of its fiscal year 2022. The company is optimistic about the future as it continues to invest in new projects and improve its existing properties.

Market Price

The current media exposure surrounding Hang Lung Properties Limited is mostly negative. On Monday, HLP.HK stock opened at HK$12.9 and closed at HK$12.5, down by 3.5% from prior closing price of 13.0. This marks a continued trend of decline for HLP.HK, which has seen its stock price fall by over 20% in the past year. HLP.HK is a Hong Kong-based real estate investment and development company. It is one of the largest property developers in Hong Kong, with a portfolio of properties that includes residential, office, retail, and hotel properties.

This has resulted in a sharp decline in rental income for HLP.HK. The company is forecast to report a loss for FY2022. This is due to the continued impact of the pandemic on the company’s business, as well as the negative impact of the recent protests in Hong Kong on the city’s economy. HLP.HK is facing challenging times ahead, and it remains to be seen how it will weather the storm.

VI Analysis – Hang Lung Intrinsic Value Calculator

HANG LUNG is one of the leading developers in Hong Kong. The company’s fundamentals reflect its long term potential. The intrinsic value of HANG LUNG share is around HK$19.7, calculated by VI Line. Now HANG LUNG stock is traded at HK$12.5, undervalued by 36%.

Summary

Hang Lung Properties Limited is a leading property developer in Hong Kong. The company’s FY2022 earnings forecast is very positive, with strong growth expected in both its rental income and profits.

However, the stock price has moved down sharply in recent days, due to concerns about the negative media exposure surrounding the company. Despite the recent sell-off, we believe that Hang Lung is a great long-term investment. The company has a strong track record of delivering solid results, and we believe that the current negative media coverage is overdone. With its strong earnings forecast and attractive valuation, we believe Hang Lung is a great buy at current levels.