Hong Kong · Delayed Price · Currency is HKD China Merchants Land Statistics
Total Valuation
HKG:0978 has a market cap or net worth of HKD 1.18 billion. The enterprise value is 47.72 billion.
| Market Cap | 1.18B |
| Enterprise Value | 47.72B |
Important Dates
The next estimated earnings date is Wednesday, November 18, 2026.
| Earnings Date | Nov 18, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
HKG:0978 has 4.91 billion shares outstanding.
| Current Share Class | 4.91B |
| Shares Outstanding | 4.91B |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.65% |
| Owned by Institutions (%) | 74.67% |
| Float | 1.23B |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.04 |
| PB Ratio | 0.03 |
| P/TBV Ratio | 0.19 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.64 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.15, with a Debt / Equity ratio of 1.01.
| Current Ratio | 1.15 |
| Quick Ratio | 0.30 |
| Debt / Equity | 1.01 |
| Debt / EBITDA | 27.55 |
| Debt / FCF | -10.85 |
| Interest Coverage | 1.63 |
Financial Efficiency
Return on equity (ROE) is -6.85% and return on invested capital (ROIC) is 1.55%.
| Return on Equity (ROE) | -6.85% |
| Return on Assets (ROA) | 0.36% |
| Return on Invested Capital (ROIC) | 1.55% |
| Return on Capital Employed (ROCE) | 1.48% |
| Weighted Average Cost of Capital (WACC) | 1.34% |
| Revenue Per Employee | 41.46M |
| Profits Per Employee | -3.61M |
| Employee Count | 702 |
| Asset Turnover | 0.20 |
| Inventory Turnover | 0.39 |
Taxes
In the past 12 months, HKG:0978 has paid 1.82 billion in taxes.
| Income Tax | 1.82B |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -14.29% in the last 52 weeks. The beta is 0.50, so HKG:0978's price volatility has been lower than the market average.
| Beta (5Y) | 0.50 |
| 52-Week Price Change | -14.29% |
| 50-Day Moving Average | 0.24 |
| 200-Day Moving Average | 0.26 |
| Relative Strength Index (RSI) | 51.09 |
| Average Volume (20 Days) | 618,500 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, HKG:0978 had revenue of HKD 29.10 billion and -2.54 billion in losses. Loss per share was -0.52.
| Revenue | 29.10B |
| Gross Profit | 2.22B |
| Operating Income | 818.82M |
| Pretax Income | -695.84M |
| Net Income | -2.54B |
| EBITDA | 1.25B |
| EBIT | 818.82M |
| Loss Per Share | -0.52 |
Balance Sheet
The company has 16.01 billion in cash and 34.52 billion in debt, with a net cash position of -18.52 billion or -3.77 per share.
| Cash & Cash Equivalents | 16.01B |
| Total Debt | 34.52B |
| Net Cash | -18.52B |
| Net Cash Per Share | -3.77 |
| Equity (Book Value) | 34.25B |
| Book Value Per Share | 1.27 |
| Working Capital | 10.89B |
Cash Flow
In the last 12 months, operating cash flow was -3.18 billion and capital expenditures -3.90 million, giving a free cash flow of -3.18 billion.
| Operating Cash Flow | -3.18B |
| Capital Expenditures | -3.90M |
| Depreciation & Amortization | 437.28M |
| Net Borrowing | -2.74B |
| Free Cash Flow | -3.18B |
| FCF Per Share | -0.65 |
Margins
Gross margin is 7.62%, with operating and profit margins of 2.81% and -8.72%.
| Gross Margin | 7.62% |
| Operating Margin | 2.81% |
| Pretax Margin | -2.39% |
| Profit Margin | -8.72% |
| EBITDA Margin | 4.30% |
| EBIT Margin | 2.81% |
| FCF Margin | n/a |
Dividends & Yields
HKG:0978 does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| FCF Payout Ratio | n/a |
| Buyback Yield | n/a |
| Shareholder Yield | n/a |
| Earnings Yield | -215.46% |
| FCF Yield | -270.25% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on December 6, 2010. It was a reverse split with a ratio of 0.1.
| Last Split Date | Dec 6, 2010 |
| Split Type | Reverse |
| Split Ratio | 0.1 |
Scores
HKG:0978 has an Altman Z-Score of 0.42 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.42 |
| Piotroski F-Score | 4 |