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Lai Sun Development Co (0488) AI Stock Analysis
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Lai Sun Development Co
(HKEX:0488)
The score is driven primarily by weak financial performance, marked by declining revenue, persistent losses, and deteriorating free cash flow, with leverage adding balance-sheet risk. Technicals also weigh on the score as the stock trades below key moving averages and momentum signals are mildly negative. Valuation is difficult to support with a negative P/E and no dividend yield data provided.
Lai Sun Development Co (0488) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 72.67M
- Dividend Yield
- ―
- Average Volume (3M)
- 64.84K
- Price to Earnings (P/E)
- -0.4
- Beta (1Y)
- 0.73
- Revenue Growth
- 2.77%
- EPS Growth
- 16.62%
- Country
- Hong Kong
- Employees
- 3,600
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Diversified
Lai Sun Development Co Business Overview & Revenue Model
Company Description
Lai Sun Development Company Limited is a diversified conglomerate, headquartered in Central, Hong Kong, and operating as a subsidiary of Lai Sun Garment (International) Limited. The company's core business involves the investment, development, leasin...
How the Company Makes Money
Lai Sun Development makes money mainly through (1) property development: generating revenue and profit from the sale of developed residential or commercial properties (recognizing income when units/projects are sold and delivered under applicable acc...
Lai Sun Development Co Financial Statement Overview
Summary
Overall financials indicate material weakness: declining revenue (-15.53%), deeply negative profitability (net margin -58.67% with negative EBIT/EBITDA margins), and significant cash flow pressure (free cash flow growth -190.22%). Balance sheet leverage (debt-to-equity 1.13) adds risk, despite a relatively stable equity ratio.
Income Statement
35NegativeBalance Sheet
45NeutralCash Flow
30Negative| Breakdown | TTM | Jul 2026 | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.28B | 5.33B | 4.90B | 6.00B | 5.21B | 5.34B |
| Gross Profit | 1.43B | 813.57M | 990.18M | 1.53B | 328.95M | 968.81M |
| EBITDA | -169.63M | -1.02B | -1.47B | -1.69B | -434.59M | 398.01M |
| Net Income | -2.40B | -2.40B | -2.87B | -3.67B | -2.97B | -1.97B |
Balance Sheet | ||||||
| Total Assets | 59.75B | 59.75B | 64.23B | 67.42B | 73.97B | 80.90B |
| Cash, Cash Equivalents and Short-Term Investments | 4.03B | 4.03B | 3.19B | 2.88B | 5.01B | 7.62B |
| Total Debt | 23.54B | 23.54B | 26.12B | 26.20B | 27.01B | 29.09B |
| Total Liabilities | 31.90B | 31.90B | 34.84B | 35.11B | 37.11B | 39.91B |
| Stockholders Equity | 21.38B | 21.38B | 23.12B | 25.81B | 29.78B | 32.79B |
Cash Flow | ||||||
| Free Cash Flow | -352.13M | 0 | 173.30M | -907.79M | -570.00M | -4.58B |
| Operating Cash Flow | -321.06M | 0 | 269.72M | -763.84M | -379.60M | -4.31B |
| Investing Cash Flow | 77.60M | 0 | 297.32M | 899.15M | 559.11M | -767.50M |
| Financing Cash Flow | 145.53M | 0 | -379.08M | -977.20M | -1.45B | 2.15B |
Lai Sun Development Co Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0488, the sentiment is Negative. The current price of 0.61 is below the 20-day moving average (MA) of 0.62, below the 50-day MA of 0.66, and below the 200-day MA of 0.71, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 47.41 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0488.
Lai Sun Development Co Peers Comparison
Overall Rating
HK:001071Outperform
HK:004158Neutral
HK:001252Neutral
HK:097842Neutral- HK:048842Neutral
HK:001737Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0010 | 71Outperform | HKD 16.63B | 11.74 | 1.41% | 7.04% | 9.19% | -0.21% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:0041 | 58Neutral | HKD 10.32B | -38.22 | -0.52% | 7.78% | 74.94% | 84.97% |
| HK:0012 | 52Neutral | HKD 135.75B | 20.32 | 2.11% | 4.49% | 45.52% | 13.35% |
| HK:0978 | 42Neutral | HKD 1.16B | -0.45 | -39.42% | ― | 25.82% | -27.10% |
| HK:0488 | 42Neutral | HKD 886.53M | -0.37 | -10.97% | ― | 2.77% | 16.62% |
| HK:0017 | 37Underperform | HKD 12.71B | -0.65 | -16.35% | ― | 9.77% | -72.68% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0488 | Lai Sun Development Co | 0.61 | -0.01 | -1.61% | |
| HK:0041 | Great Eagle Holdings | 13.76 | -0.03 | -0.21% | |
| HK:0012 | Henderson Land Development Co | 28.04 | 1.59 | 6.03% | |
| HK:0010 | Hang Lung Group | 12.21 | -1.93 | -13.66% | |
| HK:0017 | New World Development Co. Ltd. | 5.05 | -2.36 | -31.85% | |
| HK:0978 | China Merchants Land Limited | 0.24 | -0.06 | -19.66% |
Lai Sun Development Co Corporate Events
Lai Sun Development Outlines Plan to Restore Hong Kong Public Float Compliance
Lai Sun Development Company Limited, a Hong Kong-listed property and investment conglomerate, operates under the Stock Exchange’s regulatory framework that mandates a minimum public float. The company’s shareholding structure includes sub...
Lai Sun Development Completes Consent Solicitation and Exchange Offer for 2026 Notes
Lai Sun Development Company Limited announced the successful settlement of its consent solicitation related to the 5.00 per cent guaranteed notes due 2026, confirming that all conditions were met, consent fees were paid and the proposed amendments an...
Lai Sun Development Restructures 2026 Guaranteed Notes via Consent and Exchange Offer
Lai Sun Development Company Limited has announced the successful outcome of a consent solicitation for its 5.00 per cent guaranteed notes due 2026, issued by Lai Sun MTN Limited. Noteholders passed an Extraordinary Resolution, satisfying the eligibil...
Lai Sun Development Warns of Ongoing Shortfall in Public Float
Lai Sun Development Company Limited, a Hong Kong-listed property and investment group and a key subsidiary of Lai Sun Garment (International) Limited, is navigating constraints from its controlling shareholder and market valuation. The company’...
Lai Sun Development Wins Strong Noteholder Backing for 2026 Bond Amendments
Lai Sun Development Company Limited, acting as guarantor for Lai Sun MTN Limited, is involved in the issuance and guarantee of medium-term notes, including its 5.00 per cent guaranteed notes due 2026. These capital markets activities underpin the gro...
Lai Sun Development Launches Exchange Offer to Ease Liquidity Pressures
Lai Sun Development Company Limited, through its financing vehicle Lai Sun MTN Limited, has issued 5.00 per cent guaranteed notes due 2026 and uses such instruments to support its funding needs in the property and investment sector. The group’s...
Lai Sun Development Updates Market on Continuing Public Float Shortfall
Lai Sun Development Company Limited has disclosed that its current public float stands at 19.60%, below the 25% minimum required under Hong Kong Stock Exchange Listing Rules. The company has been providing periodic updates since January 2026 as it wo...
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: Aug 19, 2026