# Hang Lung Properties Limited (HLPPY)

> Real Estate · HK · Reports in HKD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/HLPPY/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | HK$ 9.94B | HK$ 1.80B | HK$ 4.89B | HK$ 54.12B | HK$ 134.72B |
| 2024 | HK$ 11.24B | HK$ 2.15B | HK$ 4.79B | HK$ 57.64B | HK$ 131.59B |
| 2023 | HK$ 10.32B | HK$ 3.97B | HK$ -1.11B | HK$ 50.98B | HK$ 132.41B |
| 2022 | HK$ 10.35B | HK$ 3.84B | HK$ 127.00M | HK$ 45.82B | HK$ 133.38B |
| 2021 | HK$ 10.33B | HK$ 3.87B | HK$ -1.42B | HK$ 46.03B | HK$ 141.72B |
| 2020 | HK$ 9.00B | HK$ -2.57B | HK$ -846.00M | HK$ 38.25B | HK$ 138.30B |
| 2019 | HK$ 8.89B | HK$ 8.01B | HK$ 2.05B | HK$ 29.99B | HK$ 138.67B |
| 2018 | HK$ 9.51B | HK$ 8.08B | HK$ 5.74B | HK$ 27.57B | HK$ 137.56B |
| 2017 | HK$ 11.28B | HK$ 8.12B | HK$ 8.56B | HK$ 25.16B | HK$ 136.16B |
| 2016 | HK$ 13.12B | HK$ 6.20B | HK$ 6.74B | HK$ 27.08B | HK$ 126.57B |
| 2015 | HK$ 9.02B | HK$ 5.09B | HK$ 5.46B | HK$ 32.77B | HK$ 128.99B |
| 2014 | HK$ 17.11B | HK$ 11.70B | HK$ 15.36B | HK$ 35.10B | HK$ 132.33B |
| 2013 | HK$ 9.23B | HK$ 7.21B | HK$ -4.73B | HK$ 34.98B | HK$ 124.53B |
| 2012 | HK$ 7.37B | HK$ 8.40B | N/A | HK$ 29.74B | HK$ 117.93B |
| 2011 | N/A | N/A | N/A | HK$ 20.73B | HK$ 111.46B |
| 2010 | N/A | N/A | N/A | HK$ 12.19B | HK$ 106.75B |
| 2009 | HK$ 12.06B | HK$ 22.26B | N/A | HK$ 6.45B | HK$ 68.04B |
| 2008 | HK$ 4.17B | HK$ 4.13B | N/A | HK$ 4.81B | HK$ 66.38B |
| 2007 | HK$ 10.08B | HK$ 13.16B | N/A | HK$ 6.28B | HK$ 54.28B |
| 2006 | N/A | N/A | N/A | HK$ 9.95B | HK$ 43.25B |
| 2005 | N/A | N/A | N/A | HK$ 4.11B | HK$ 40.64B |
| 2004 | N/A | N/A | N/A | HK$ 9.59B | HK$ 31.97B |
| 2003 | N/A | N/A | N/A | HK$ 11.35B | HK$ 24.84B |
| 2002 | N/A | N/A | N/A | HK$ 11.19B | HK$ 26.11B |
| 2001 | N/A | N/A | N/A | HK$ 3.82B | HK$ 27.02B |
| 2000 | N/A | N/A | N/A | HK$ 7.30B | HK$ 27.48B |
| 1999 | N/A | N/A | N/A | HK$ 0 | HK$ 26.29B |
| 1998 | N/A | N/A | N/A | HK$ 0 | HK$ 29.47B |
| 1997 | N/A | N/A | N/A | HK$ 0 | HK$ 38.26B |
| 1996 | N/A | N/A | N/A | HK$ 0 | HK$ 30.49B |
| 1995 | N/A | N/A | N/A | HK$ 0 | HK$ 29.79B |
| 1994 | N/A | N/A | N/A | HK$ 0 | HK$ 29.54B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.40 |
| Liabilities / Eq | 0.58 |
| Current Ratio | 1.83 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 12.45 |
| Gross Debt / FCF | 18.34 |

## Other views

- [Metrics](https://sponda.capital/en/HLPPY.md)
- [Charts](https://sponda.capital/en/HLPPY/charts.md)
- [Compare](https://sponda.capital/en/HLPPY/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.