Securities Commission Malaysia

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Sun Hung Kai Properties Limited

0016
Failed

Company Overview

Sun Hung Kai Properties is one of the largest real estate development companies in Hong Kong. Its main core business is developing properties for sale and investment, as well as operating various real estate-related businesses, including hotels, property management, construction, insurance and mortgage services. The Group also invests in other businesses, including telecommunications, information technology, infrastructure and other businesses.

Country
HK
Market Cap
$25.11B
Last Fiscal Year
2024
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
14.90% failed
5% Threshold
14.9%
Liabilities Compliance
64.88% failed
33% Threshold
64.9%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Sun Hung Kai Properties Limited
Ticker 0016
Main Business Real Estate—Development
Type Common Stock
Industry Real Estate—Development
Country HK
Market Cap $25.11 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Property Development-Hong Kong $24,750.0 $0.0 -
Property tenancy-Hong Kong $15,210.0 $4,563.0 Rental for SNC activities
Other business $8,150.0 $0.0 -
Telecommunication $6,220.0 $0.0 -
Property tenancy-mainland $5,150.0 $1,545.0 Rental for SNC activities
Transport infrastructure and logistics $4,570.0 $0.0 -
Hotel business $4,420.0 $4,420.0 Hotel
Data center service $2,670.0 $0.0 -
Property Development - Mainland $361.0 $0.0 -
Finance income $479.0 $479.0 Interest income on bank deposits
Share of results of Associates & Joint ventures $1,879.0 $0.0 -
Total $73,859.0 $11,007.0 14.90% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $1,346,153,846.2 5.36%
long term bank loan $14,947,435,897.4 59.52%
Total Interest-Bearing Debt $16,293,589,743.6 64.88%
Market Capitalization $25,114,743,589.7 100.00%
Compliance Status Threshold: 33% failed