Sino Land Company Limited

0083
Failed

Company Overview

Sino Group is one of the major real estate developers in Hong Kong. It was founded in the 1970s and has now invested and developed more than 250 projects, covering an area of over 80,000,000 square feet. The Group's core business is sales and investment in property development. The types of properties include residential, office, industrial and trade buildings and shopping malls, and has a footprint throughout China (Hong Kong and Mainland), Singapore and Australia. The Group operates in a broad range of fields and consists of three listed companies and several privately held companies owned by the Wong family. The Group is also engaged in a series of property-related businesses. In addition to property management, security services, and sanitation and cleaning services, the Group also includes hotel and club management services. It strives to provide customers with comprehensive and smooth services, and takes a strict look at every customer experience. We are committed to building a better life with our more than 10,000 professional and responsible employees. The 3 listed companies are: Sino Properties Limited (HKEx: 083) Tsim Sha Tsui Properties Group Limited (HKEx: 0247) Sino Hotels (Group) Limited (HKEx: 1221) Far Eastern Agency-Sino Group's sister company in Singapore is the largest private developer in the region. Since its establishment in 1960, Far East Agency has developed over 780 properties in Singapore, including 58,000 private residences, accounting for one-sixth of the local supply of private homes. Yang Xiecheng - Another joint venture of the Group, focuses on developing the food business in the Asia-Pacific region and owns more than 200 brands. Yang Xiecheng is also involved in real estate development business in Singapore and other regions. Sino Group is one of the major real estate developers in Hong Kong, and its business covers a wide range of fields. The Group consists of 3 Hong Kong listed companies and several private holding companies of the Wong family. The three listed companies are Sino Properties Limited (HKEx: 083), Tsim Sha Tsui Properties Group Limited (HKEx: 0247), and Sino Hotels (Group) Limited (HKEx: 1221). The core business of the Sino Group is to sell and invest in property development. Property types include residences, office buildings, industrial buildings and shopping malls. The Group has more than 200 development projects in Hong Kong, Mainland China and Singapore, with a total floor area of over 76.5 million square feet in terms of land area ratio. The Group is also engaged in a range of property-related businesses. Sino Management has the advantage of providing one-stop property services such as property management, parking lot management, sanitation, cleaning and security services. In addition, the Group is also engaged in the management of hotels and clubs. Sino Group employs about 11,000 employees. The professional team actively builds high-quality projects and provides attentive service, and strives to exceed customer expectations. Sino Group's position in Singapore also plays an important role. Its sister company, Far East Agency, is the largest private developer in the region and the only developer to receive 8 awards at the prestigious International Federation of Real Estate Industries (FIABCI) Construction Awards of the Year since 1999. Yang Xiecheng, another affiliate of the group, focuses on developing the food business in the Asia-Pacific region and has established a solid foundation in the beverage markets of Southeast Asia and China.

Country
HK
Market Cap
$8.93B
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
12.53% failed
5% Threshold
12.5%
Liabilities Compliance
1.19% passed
33% Threshold
1.2%
Final Shariah Status
Failed

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

Stock Information
Name Sino Land Company Limited
Ticker 0083
Main Business Real Estateā€”Development
Type Common Stock
Industry Real Estateā€”Development
Country HK
Market Cap $8.93 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Property sales $3,580.0 $0.0 -
Property lease $2,780.0 $0.0 -
Property management and other services $1,300.0 $0.0 -
Hotel management $953.0 $953.0 Hotel
Finance $80.0 $80.0 Finance
portfolio investment $64.0 $64.0 investment
Total $8,757.0 $1,097.0 12.53% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
long term bank loan $106,666,666.7 1.19%
Total Interest-Bearing Debt $106,666,666.7 1.19%
Market Capitalization $8,927,243,589.7 100.00%
Compliance Status Threshold: 33% passed