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0978 Stock Chart & Stats
HK$0.26
>-HK$0.01(-1.92%)
At close: 4:00 PM EST
HK$0.26
>-HK$0.01(-1.92%)
Day’s Range― - ―
52-Week RangeHK$0.22 - HK$0.33
Previous CloseN/A
Volume102.00K
Average Volume (3M)1.03M
Market Cap
HK$1.18B
Enterprise ValueHK$21.65B
Total Cash (Recent Filing)HK$11.13B
Total Debt (Recent Filing)HK$31.70B
Price to Earnings (P/E)―
Beta1.45
Next Earnings
Aug 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.36%
Share Statistics
EPS (TTM)-0.45
Shares Outstanding4,905,258,000
10 Day Avg. Volume702,400
30 Day Avg. Volume1,026,006
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)0.21
Price to Sales (P/S)0.05
P/FCF Ratio-0.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Diversified Revenue StreamsThe company earns from development sales, recurring rental income, and property-management fees. This multi-stream model reduces reliance on single-project sales, offers recurring cash-flow potential from investment properties, and helps smooth cyclical swings inherent in development over the medium term.
2025 Revenue ReboundA 25.9% revenue rebound in 2025 indicates improved project deliveries and demand conversion, demonstrating operational execution and backlog monetization. Sustained revenue recovery can increase scale to absorb fixed costs and support gradual profitability and cash-flow stabilization if maintained.
Large Asset Base / ScaleA large asset base provides development scale, inventory and investment-property collateral, and options to monetize or reallocate assets. Structurally, that scale supports long-term rental income growth and gives management more levers to manage liquidity or restructure financing if needed.
Bears Say
Very High LeverageDebt-to-equity of ~5.5x and falling equity indicate elevated leverage and weakened capital buffers. High leverage raises refinancing, interest-rate, and covenant risks, reducing financial flexibility and increasing the chance that funding stress will impair development execution or require asset sales.
Compressed Margins And LossesSharp margin compression to ~6.3% and consecutive net losses erode equity and reduce internal capital for projects. Persistent weak margins signal pricing pressure or rising costs, limiting the firm's ability to rebuild reserves and undermining long-term profitability absent structural cost or mix improvements.
Volatile, Negative Cash GenerationOperating cash flow turned to a sizable outflow in 2025 and free cash flow was negative, after prior years of volatility. Erratic cash generation increases reliance on external funding, heightens working-capital and execution risk, and makes sustaining development pipelines more funding-dependent.
China Merchants Land Limited News
0978 FAQ
What was China Merchants Land Limited’s price range in the past 12 months?
China Merchants Land Limited lowest stock price was HK$0.22 and its highest was HK$0.33 in the past 12 months.
What is China Merchants Land Limited’s market cap?
China Merchants Land Limited’s market cap is HK$1.18B.
When is China Merchants Land Limited’s upcoming earnings report date?
China Merchants Land Limited’s upcoming earnings report date is Aug 13, 2026 which is in 7 days.
How were China Merchants Land Limited’s earnings last quarter?
China Merchants Land Limited released its earnings results on Mar 12, 2026. The company reported -HK$0.44 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.44.
Is China Merchants Land Limited overvalued?
According to Wall Street analysts China Merchants Land Limited’s price is currently Overvalued.
Does China Merchants Land Limited pay dividends?
China Merchants Land Limited pays a Annually dividend of HK$0.012 which represents an annual dividend yield of 4.36%. See more information on China Merchants Land Limited dividends here
What is China Merchants Land Limited’s EPS estimate?
China Merchants Land Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does China Merchants Land Limited have?
China Merchants Land Limited has 4,905,258,000 shares outstanding.
What happened to China Merchants Land Limited’s price movement after its last earnings report?
China Merchants Land Limited reported an EPS of -HK$0.44 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of China Merchants Land Limited?
Currently, no hedge funds are holding shares in HK:0978
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
China Merchants Land Limited
China Merchants Land Limited (0978) is a property company principally engaged in real estate development and related businesses in Mainland China. The company develops and sells residential and commercial properties, and also operates property investment and management-related activities connected to its projects.
Technical Analysis
Henderson Land Development Co
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Hang Lung Group
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New World Development
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Sino-Ocean Group Holding
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HKR International Limited
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