Revenue distribution by sector:

• Real estate development: approx. 60%
• Real estate investments: approx. 25%
• Hotel operation: approx. 10%
• Real estate management and others: approx. 5%

TOP 3 markets:

1. Hong Kong: approx. 70%
2. Mainland China: approx. 20%
3. Singapore: approx. 5%

Sino Land Company Limited generates the majority of its revenue from real estate development, followed by real estate investments. The main market is Hong Kong, where the company has a strong presence. Mainland China and Singapore complement the geographical revenue distribution, with Hong Kong accounting for the largest share.

Production Sites: No specific production sites, as Sino Land is a real estate developer.

Sino Land Company Limited is primarily active in the real estate sector and not in the production of physical goods. The company focuses on the development, investment, and management of real estate projects, mainly in Hong Kong and China. Therefore, there are no production sites in the traditional sense, but rather development projects and real estate locations.

Growth Strategy: Diversification and Expansion into New Markets (2025)

Sino Land Company Limited is pursuing a strategy of diversification and geographical expansion to secure future growth. The company plans to strengthen its presence in emerging markets, particularly in Southeast Asia, to benefit from urban development and increasing demand for residential and commercial properties in the region.

In addition, Sino Land is investing in sustainable construction projects and green technologies to meet rising environmental requirements and position itself as a leading provider of eco-friendly properties. This strategy is supported by partnerships with international construction companies and technology firms to develop and offer innovative solutions.

Through these measures, Sino Land aims to solidify its market position and tap into new revenue streams, ultimately leading to stable and sustainable growth in the long term.

Main Imported Raw Materials: Steel, Cement, Wood

Main Supplier Countries: China, Vietnam, Indonesia

Sino Land Company Limited, as a significant real estate development company in Hong Kong, mainly imports building materials such as steel, cement, and wood. These materials are essential for their construction projects and are needed in large quantities.

China is the main supplier of steel and cement, as it is one of the largest producers of these materials worldwide. Vietnam and Indonesia are important suppliers of wood, as these countries have extensive forest resources and are well positioned in the Asia-Pacific region to efficiently meet the needs of Hong Kong companies.

These import strategies enable Sino Land to optimize costs and ensure material availability for their construction projects.

Market share in Hong Kong: 5.2% (2024, estimate) EBITDA margin: 45% (2024) Real estate portfolio value: 120 billion HKD (2024)

Sino Land Company Limited has a significant competitive advantage due to its extensive real estate portfolio strategically positioned in prime locations in Hong Kong. The high EBITDA margin of 45% indicates an efficient cost structure and strong operational performance, pointing to a solid market position.

The competitive advantage is further supported by the diversification of their projects, which include residential, office, and retail properties. This allows the company to benefit from different market segments and diversify risks.

In addition, Sino Land continuously invests in sustainable construction projects and innovative technologies to meet changing market demands and remain competitive in the long term.

Institutional Investor Share: Estimated 45% (2025)

Insider Buys/Sells: No significant changes in the last year

The institutional investor share in Sino Land Company Limited is approximately 45%. This indicates a moderate interest from institutional investors, suggesting a certain level of stability and confidence in the company.

There have been no significant insider buys or sells in the last year, indicating that the management and other insiders do not expect drastic changes in the company's value. This can be interpreted as a sign of stable corporate governance and a balanced market position.

Market Share of Sino Land Company Limited: Estimated at around 5% in the Hong Kong real estate market (2025)

Major Competitors and Their Market Shares:

1. Sun Hung Kai Properties Limited: approximately 15%
2. CK Asset Holdings Limited: approximately 12%
3. Henderson Land Development Company Limited: approximately 10%
4. New World Development Company Limited: approximately 8%
5. Wharf Real Estate Investment Company Limited: approximately 7%

Moat of Sino Land: Sino Land Company Limited has a moderate moat, mainly based on its strong brand presence and portfolio of premium real estate projects. The company benefits from a solid financial foundation and a diversified project pipeline, allowing it to be active in various market segments.

However, compared to its competitors, Sino Land does not have a significant technological or operational advantage. Companies like Sun Hung Kai Properties and CK Asset Holdings have larger resources and a broader geographical presence, giving them a stronger moat. These companies often also enjoy better economies of scale and a more efficient cost structure.

Overall, Sino Land's moat is less pronounced compared to the leading competitors, meaning the company operates in a competitive market and must continuously invest in innovation and efficiency to maintain or improve its market position.

Revenue Growth: 8% (2024) Net Income Growth: 5% (2024) Real Estate Portfolio Appreciation: 6% (2024)

Sino Land Company Limited recorded a revenue growth of 8% in 2024, attributed to the successful development of new real estate projects and increased demand in the real estate sector. Net income grew by 5%, indicating efficient cost controls and improved operational efficiency.

The company also achieved a 6% appreciation in its real estate portfolio value, attributed to a positive market development and strategic investments in value-enhancing projects. These factors point to a solid financial health and a strong market position.

Given these positive developments and stable market conditions, the stock of Sino Land Company Limited could present an attractive investment opportunity. However, investors should also consider macroeconomic factors and potential risks in the real estate sector.

Dividend Yield: 4.5% (estimated for 2025)
Dividend History: Continuous payouts over the last 5 years

Sino Land Company Limited is known for its reliable dividend policy. In recent years, the company has consistently distributed dividends, indicating a stable financial position and a solid business model.

The dividend yield of approximately 4.5% is competitive compared to other companies in the real estate industry. This shows that Sino Land is committed to providing shareholders with consistent value.

Analysts expect that the company will continue its dividend policy in the future, unless significant economic or industry-specific challenges arise.