Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
9.75B | 15.56B | 17.55B | 4.60B | 10.39B | Gross Profit |
5.04B | 6.65B | 7.17B | 2.12B | 5.31B | EBIT |
3.88B | 5.45B | 5.92B | 1.17B | 4.33B | EBITDA |
4.00B | 5.57B | 6.03B | 1.27B | 4.42B | Net Income Common Stockholders |
810.00M | 1.02B | 1.87B | -740.00M | 2.32B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
5.75B | 11.20B | 17.28B | 14.48B | 10.57B | Total Assets |
101.00B | 104.88B | 113.90B | 115.47B | 108.42B | Total Debt |
38.41B | 39.91B | 34.94B | 39.23B | 40.09B | Net Debt |
34.70B | 28.74B | 17.66B | 24.75B | 29.52B | Total Liabilities |
56.85B | 60.48B | 64.72B | 68.74B | 59.11B | Stockholders Equity |
38.86B | 39.15B | 43.98B | 42.64B | 45.48B |
Cash Flow | Free Cash Flow | |||
1.11B | 4.05B | 10.16B | 9.20B | -3.59B | Operating Cash Flow |
1.11B | 4.05B | 10.16B | 9.59B | -1.72B | Investing Cash Flow |
-1.35B | -2.97B | -1.42B | -1.75B | 3.32B | Financing Cash Flow |
-5.11B | -7.31B | -5.89B | -3.87B | -4.15B |
Shui On Land Limited has announced its upcoming Annual General Meeting scheduled for May 16, 2025, in Hong Kong. Key agenda items include the adoption of financial statements for 2024, declaration of a final dividend, re-election of directors, and re-appointment of auditors. The meeting will also consider resolutions to authorize the board to allot and issue additional shares, which could impact the company’s capital structure and shareholder value.
Shui On Land Limited has announced a final cash dividend of HKD 0.036 per share for the financial year ending December 31, 2024. The dividend will be paid on May 29, 2025, following shareholder approval on May 16, 2025. This announcement reflects the company’s stable financial performance and commitment to returning value to its shareholders.
Shui On Land Limited demonstrated resilience in 2024 despite challenging economic conditions in China, with a recorded profit of RMB810 million. The company saw a decline in profits due to fewer residential property completions and reduced property sales, but achieved solid rental growth driven by successful commercial projects like Panlong Tiandi and Hong Shou Fang. Shui On Land also maintained financial health by repaying significant offshore debts and received global recognition for its sustainability efforts. The company remains cautious about the near-term outlook due to the fragile Chinese economy and property market.
Shui On Land Limited has scheduled a board meeting on March 28, 2025, to approve the annual results for the year ended December 31, 2024, and to consider the recommendation of a final dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.
Shui On Land Limited announced that Guotai Junan has exercised its put option to sell its entire equity interest in a joint venture company to Sheng Pu for RMB31 million. This transaction will increase Sheng Pu’s stake in the joint venture from 49% to 80%, impacting the company’s investment portfolio and potentially strengthening its market position.
Shui On Land Limited has issued a profit warning for its 2024 annual results, anticipating a significant decline in net profit to between RMB800 million and RMB825 million, down from RMB1,397 million in 2023. This decrease is mainly due to fewer residential project completions amid a fragile Chinese economy and modest growth in the property market. The company plans to continue prudent financial management and strategic reviews to sustain long-term growth.