SHK Properties stock reports higher fiscal 2026 profit

Published on 09/28/2026 at 16:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SHK Properties stock is at HKD 107.60 on September 28, 2026, after fiscal 2026 reported profit rose 11.15 percent. Revenue reached HKD 94.194 billion.

SHK Properties, HK0016000132, Illustration mit AI erstellt.

SHK Properties (ISIN HK0016000132) was last at HKD 107.60 on the Hong Kong Stock Exchange on September 28, 2026 at 4:08 p.m. HKT, up 0.47 percent from the prior close of HKD 107.10. The latest annual results showed higher profit and a larger dividend, but management set a lower Hong Kong contracted-sales target for fiscal 2027.

Profit rose in fiscal 2026

For the year ended June 30, 2026, revenue reached HKD 94.194 billion, up 18.15 percent from HKD 79.721 billion a year earlier, while reported profit rose 11.15 percent to HKD 21.426 billion from HKD 19.277 billion, according to Reuters.

Investing.com reported on September 10, 2026 that underlying profit increased 4.6 percent to HKD 22.9 billion. The board recommended a final dividend of HKD 2.93 per share, up 4.6 percent from HKD 2.80, bringing the full-year dividend to HKD 3.91 per share.

Sales target signals caution

Hong Kong contracted sales reached HKD 38.1 billion in fiscal 2026, while management set a fiscal 2027 target of HKD 33 billion, a reduction of HKD 5.1 billion or 13.39 percent. The lower target reflects caution around sales approvals, while the company continues to prepare residential launches and expand its commercial portfolio.

The balance sheet remains a central part of the investment case. Net debt stood at HKD 67.6 billion at June 30, 2026, and the gearing ratio improved to 10.7 percent from 13.5 percent in December 2025, according to Investing.com.

Analyst target stays above market

UOB Kay Hian maintained a Buy rating and an HKD 143.80 target on September 11, 2026. That target is 33.64 percent above the September 28 market price, leaving the analyst view materially more optimistic than the current quotation.

Stock remains below yearly high

SHK Properties was last at HKD 107.60 on September 28, 2026, with a 52-week range of HKD 91.20 to HKD 148.80 and volume of 4,487,910 shares. The market capitalization was HKD 311.8 billion on the same date, while the company calendar lists the annual general meeting for November 5, 2026 and the final dividend ex-date for November 10, 2026, according to Sun Hung Kai Properties.