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Tai Sang Land Development Limited (0089) AI Stock Analysis
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Tai Sang Land Development Limited
(HKEX:0089)
The score is held back primarily by deteriorating operating performance (steep 2025 revenue decline and multi-year net losses) and a technically weak price trend (below key moving averages with negative MACD). Moderate leverage and consistently positive recent operating/free cash flow provide some stability, while the dividend yield supports valuation despite losses (negative P/E).
Tai Sang Land Development Limited (0089) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 526.44M
- Dividend Yield
- 4.37%
- Average Volume (3M)
- 24.57K
- Price to Earnings (P/E)
- -91.5
- Beta (1Y)
- 0.56
- Revenue Growth
- -2.16%
- EPS Growth
- 98.09%
- Country
- Hong Kong
- Employees
- 267
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Services
Tai Sang Land Development Limited Business Overview & Revenue Model
Company Description
As an investment holding firm, Tai Sang Land Development Limited operates in both Hong Kong and North America, with core activities spanning the acquisition, development, management, sale, and leasing of real estate. Its diverse property holdings enc...
How the Company Makes Money
Tai Sang Land Development Limited primarily makes money through (1) rental income from leasing its investment properties to tenants and (2) property-related income connected to operating and managing those assets (e.g., leasing renewals, tenant manag...
Tai Sang Land Development Limited Financial Statement Overview
Summary
Financials are mixed but skew weak: the income statement shows material deterioration with a sharp 2025 revenue contraction (~-78% YoY) and net losses in 2023–2025. Offsetting factors include a relatively resilient balance sheet with moderate leverage (debt-to-equity ~0.30–0.33) and generally positive operating/free cash flow in 2021–2025, including a 2025 free cash flow rebound.
Income Statement
28NegativeBalance Sheet
67PositiveCash Flow
62Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 466.55M | 472.21M | 481.55M | 487.06M | 440.80M | 407.95M |
| Gross Profit | 239.84M | 249.67M | 298.61M | 303.62M | 292.64M | 271.51M |
| EBITDA | 162.37M | -94.53M | -157.71M | -11.55M | 176.53M | 153.13M |
| Net Income | -7.22M | -257.61M | -333.41M | -185.66M | 360.12M | 633.62M |
Balance Sheet | ||||||
| Total Assets | 11.36B | 11.27B | 11.53B | 11.89B | 12.13B | 11.83B |
| Cash, Cash Equivalents and Short-Term Investments | 150.23M | 119.50M | 123.44M | 108.36M | 134.13M | 112.18M |
| Total Debt | 2.70B | 2.65B | 2.63B | 2.58B | 2.58B | 2.51B |
| Total Liabilities | 3.06B | 3.02B | 2.99B | 2.98B | 3.02B | 3.02B |
| Stockholders Equity | 8.02B | 7.98B | 8.26B | 8.62B | 8.84B | 8.56B |
Cash Flow | ||||||
| Free Cash Flow | 21.21M | 139.91M | 157.60M | 159.01M | 65.43M | 38.66M |
| Operating Cash Flow | 26.29M | 140.63M | 167.58M | 162.59M | 103.20M | 102.38M |
| Investing Cash Flow | -40.48M | -22.05M | -8.87M | -19.44M | -65.86M | -142.43M |
| Financing Cash Flow | 17.89M | -122.54M | -143.63M | -168.93M | -15.31M | 10.87M |
Tai Sang Land Development Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0089, the sentiment is Negative. The current price of 1.83 is below the 20-day moving average (MA) of 1.86, below the 50-day MA of 1.89, and below the 200-day MA of 2.08, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 42.54 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0089.
Tai Sang Land Development Limited Peers Comparison
Overall Rating
HK:022459Neutral
HK:022555Neutral- HK:008951Neutral
HK:065550Neutral
HK:036748Neutral
HK:043230Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:0224 | 59Neutral | HKD 680.88M | 13.02 | 0.71% | 3.28% | -7.15% | ― |
| HK:0225 | 55Neutral | HKD 558.61M | -13.70 | -0.94% | 7.10% | -0.96% | 91.94% |
| HK:0089 | 51Neutral | HKD 526.44M | -91.50 | -0.09% | 4.37% | -2.16% | 98.09% |
| HK:0655 | 50Neutral | HKD 699.40M | -0.32 | -26.12% | ― | -58.66% | -186.85% |
| HK:0367 | 48Neutral | HKD 341.20M | -0.95 | -4.84% | ― | 36.56% | 45.41% |
| HK:0432 | 30Underperform | HKD 397.46M | 0.25 | 108.51% | ― | -17.31% | 97.25% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0089 | Tai Sang Land Development Limited | 1.83 | -0.39 | -17.42% | |
| HK:0367 | Chuang's Consortium International | 0.20 | -0.14 | -40.00% | |
| HK:0655 | Hongkong Chinese Limited | 0.35 | 0.03 | 9.37% | |
| HK:0224 | Pioneer Global Group Limited | 0.59 | 0.03 | 5.36% | |
| HK:0225 | Pokfulam Development Co. Ltd. | 5.07 | -0.45 | -8.20% | |
| HK:0432 | Pacific Century Premium Developments Limited | 0.20 | -0.01 | -2.50% |
Tai Sang Land Development Limited Corporate Events
Tai Sang Land Swings Back to Profit on Property Valuation Gains
Tai Sang Land Development Limited reported a sharp turnaround in its interim results for the six months ended 30 June 2026, returning to a profit of HK$58.4 million from a loss of HK$204.5 million a year earlier. The swing was driven largely by HK$56...
Tai Sang Land Declares HKD 0.03 Interim Dividend for First Half of 2026
Tai Sang Land Development Limited has declared an interim ordinary cash dividend of HKD 0.03 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The ex-dividend date is set for 8 September 2026, with a rec...
Tai Sang Land Signals Return to Profit on Property Revaluation Gains
Tai Sang Land Development Limited expects to swing to a consolidated profit of about HK$58 million for the first half of 2026, reversing a loss of HK$204.5 million a year earlier, driven mainly by fair value gains on its investment properties instead...
Tai Sang Land Board to Review Interim Results and Dividend on 24 August
Tai Sang Land Development Limited has scheduled a board meeting for 24 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend, a decision that c...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 24, 2026