Hongkong and Shanghai Hotels Ltd
HKEX:45

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Hongkong and Shanghai Hotels Ltd
HKEX:45
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Price: 5.89 HKD -0.84% Market Closed
Market Cap: HK$9.8B

Operating Margin

12%
Current
Improving
by 4.5%
vs 3-y average of 7.6%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
12%
=
Operating Income
HK$961m
/
Revenue
HK$8B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
12%
=
Operating Income
HK$961m
/
Revenue
HK$8B

Peer Comparison

Country Company Market Cap Operating
Margin
HK
Hongkong and Shanghai Hotels Ltd
HKEX:45
9.8B HKD
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CN
H World Group Ltd
BMV:HTHTN
2.7T MXN
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US
Marriott International Inc
NASDAQ:MAR
89.9B USD
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US
Airbnb Inc
NASDAQ:ABNB
77.5B USD
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US
Royal Caribbean Cruises Ltd
NYSE:RCL
74.6B USD
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US
Hilton Worldwide Holdings Inc
NYSE:HLT
70.7B USD
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US
Carnival Corp
NYSE:CCL
36B USD
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US
Viking Holdings Ltd
NYSE:VIK
32.7B USD
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UK
Carnival PLC
LSE:CCL
24.6B GBP
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CN
Trip.com Group Ltd
HKEX:9961
255.3B HKD
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US
Expedia Group Inc
NASDAQ:EXPE
28.1B USD
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Market Distribution

Higher than 74% of companies in Hong Kong
Percentile
74rd
Based on 2 973 companies
74rd percentile
12%
Low
-36 930 000% — -5.1%
Typical Range
-5.1% — 9.4%
High
9.4% — 8 238.3%
Distribution Statistics
Hong Kong
Min -36 930 000%
30th Percentile -5.1%
Median 2.5%
70th Percentile 9.4%
Max 8 238.3%

Hongkong and Shanghai Hotels Ltd
Glance View

Hongkong and Shanghai Hotels Ltd., famously helming the prestigious Peninsula brand, traces its origins to the early 20th century. What began as a singular property in Hong Kong in 1928 has evolved into a distinguished ensemble of luxury hotels, clubs, and residential properties worldwide. Through decades marked by historical upheavals and global transformations, the company has consistently upheld a reputation synonymous with luxury and timeless elegance. The Peninsula hotels are not mere accommodations; they offer immersive experiences that blend tradition with cutting-edge technology. Catering to a clientele that demands privacy, exclusivity, and unparalleled service, the company ensures that every guest interaction echoes its commitment to refined hospitality. Beyond the opulent facades of its hotels, Hongkong and Shanghai Hotels Ltd. has astutely diversified its portfolio. Its revenue streams are bolstered not just by lodging, but also through upscale culinary venues, wellness and spa services, and luxury retail arcades housed within its properties. This strategic embrace of ancillary services allows the company to capture value across numerous touchpoints of the luxury experience. Meanwhile, the real estate aspects of the business, from residential leasing to exclusive clubs, provide stable income in fluctuating market conditions. By intertwining innovative hospitality practices with strategic diversification, the company not only enhances its profitability but also strengthens its position as a beacon of luxury in the global hospitality landscape.

Intrinsic Value
6.54 HKD
Undervaluation 10%
Intrinsic Value
Price HK$5.89
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
12%
=
Operating Income
HK$961m
/
Revenue
HK$8B
What is Hongkong and Shanghai Hotels Ltd's current Operating Margin?

The current Operating Margin for Hongkong and Shanghai Hotels Ltd is 12%, which is above its 3-year median of 7.6%.

How has Operating Margin changed over time?

Over the last 3 years, Hongkong and Shanghai Hotels Ltd’s Operating Margin has increased from -1.3% to 12%. During this period, it reached a low of -1.3% on Dec 31, 2022 and a high of 12% on Jan 1, 2026.

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