Henderson Land: Spotlight Is On Unsatisfactory Results And Undemanding Valuations (Rating Downgrade)
Source: SeekingAlpha
2025-03-21 16:51:38 ET
Summary
- My rating for Henderson Land is revised to a Hold, after considering its recently disclosed financial metrics and possible actions to address the stock's depressed valuations.
- The underperformance of HLDCY's Mainland Chinese residential property business and its substantial finance expenses are the key negative takeaways from its second-half '24 results.
- Henderson Land is trading slightly above one-third of book value; there are multiple things that management can do to correct the undervaluation of the company's shares.
I rate Henderson Land Development Company Limited ( OTCPK:HLDVF ) ( OTCPK:HLDCY ) (0012:HK) as a Hold....
Read the full article on Seeking Alpha
For further details see:
Henderson Land: Spotlight Is On Unsatisfactory Results And Undemanding Valuations (Rating Downgrade)
Henderson Land Development Co. Ltd. ADR
NASDAQ: HLDCY
HLDCY Trading
1.77% G/L:
$4.0912 Last:
5,209 Volume:
$4.155 Open:
