WinstonWınston
Back
Stock

Hang Lung Group Limited

0010.HK
49
Real Estate - Development · Real Estate
Price
HK$12.16
+0.03 (+0.25%)
Market Cap
HK$16.56B
Exchange
Hong Kong Stock Exchange
Winston Score
49
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Oct 8, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Good
17/30
Growth
Mixed
6/20
Cash Flow
Weak
0/10
Stability
Strong
8/10
Valuation
Good
5/10
Ownership
Good
10/15
Dividends
Good
3/5

49 of 100 counted points = Winston Score 49.

Track this stock — start free trial

§Winston Score History

The full picture

Hang Lung Group Ltd is a Hong Kong-based holding company that mainly owns and develops real estate. Its core business involves building and renting out shopping malls, office towers, and residential properties. The company is best known for its large commercial properties in Hong Kong and mainland China, serving retail tenants, businesses, and shoppers.

Hang Lung makes most of its money from rental income collected from tenants in its malls and office buildings, which provides a relatively steady revenue stream. It operates primarily in Hong Kong and major Chinese cities like Shanghai, Shenyang, and Wuhan, and its portfolio of premium properties gives it a durable asset base. However, the company faces real risks from weak consumer spending in China, high vacancy rates in some mainland malls, and a sluggish property market — all of which have pressured rental revenues in recent years and remain the key challenge going forward.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+21.4% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+7.8% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

HK$0/ year

0.0% of revenue

Below sector average (1%)

Research and development spending

Insider Activity

38.5%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~20 months

HK$11.5B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Adequate runway but may need to raise capital within 2 years

Growth context

Hang Lung Group Limited is growing revenue at 21% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

−0.0% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 1.36B (2021) → 1.36B (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
52.6%
Healthy — 52.6% gross margin
Profit after running costs
Operating Margin
48.6%
Excellent — 48.6% operating margin
Return on the money invested
ROCE
4.0%
Weak — 4.0% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+9.0%
Steady sales growth (+9.0% YoY)
Profit growth
EPS YoY
+0.0%
Flat earnings

Single-digit earnings growth — steady but not exciting.

How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
0%
Weak — only 0% of profit becomes cash
Spare cash per sale
FCF Margin
-3.0%
Burning cash (-3.0%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.54
Conservative — low debt load (0.54)
Covers its interest
Interest Cover
11.05x
Comfortably covers interest (11.1x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
11.7x
Attractive valuation — P/E 11.7

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
6.82%
Healthy income — 6.82% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
+0.0%
Dividend flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial