Sino Land Company Limited

SNO0.F · Real Estate · Real Estate - Development · Valued as of 2026-11-05 · Statements 2026-06-30

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

11.57B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

11.91B USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

14.68B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

12.72B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

63.81B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.20×

the ratio the screener ranks by

Margin of Safety

-401.7%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 11.57B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)4.68B USD
+②Net Cash Today6.89B USD
+③Growth Value0 USD
=Value11.57B USD

EPV of the Operations (NOPAT over WACC)

4.68B USD

Net cash today

+6.89B USD

Growth Value

0 USD

Value

11.57B USD

①EPV (Earnings Power Value)

4.68B USD

②Net Cash Today

6.89B USD

③Growth Value

0 USD

Market value

Market Cap63.81B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-451.5%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 11.91B USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE2.94B USD
+②Equity at Year 15, Today8.97B USD
=Value11.91B USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment rising to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

2.94B USD

②Equity at Year 15, Today

8.97B USD

Market value

Market Cap63.81B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-435.8%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 14.68B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF2.18B USD
+②Invested Capital at Year 15, Today5.61B USD
+③Net Cash Today6.89B USD
=Value14.68B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROIC on new investment rising to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

2.18B USD

②Invested Capital at Year 15, Today

5.61B USD

③Net Cash Today

6.89B USD

Market value

Market Cap63.81B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-334.7%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 7.53%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.51×Market Risk Premium 6.00%= 7.58%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 98.82M USDPretax Income 690.33M USD= 14.31%

The tax the interest saves.

Interest Expense =EBIT 696.20M USD−Pretax Income 690.33M USD= 5.87M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 5.87M USDTotal Debt 520.91M USD×(1 − Tax Rate for WACC 14.31%)= 0.97%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 520.91M USDMarket Cap + Total Debt 63.81B USD + 520.91M USD= 0.81%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 99.19%×Cost of Equity 7.58%+Debt Weight 0.81%×Cost of Debt 0.97%= 7.53%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 24.48B USD − Total Liabilities 2.21B USD = Book Value Today 22.26B USD

Total Debt 520.91M USD − Cash and Short-Term Investments 7.41B USD = Net Debt Today -6.89B USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 110.8%at most 5%does not pass9,586,141,247 / 8,649,730,572
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets-1.4%at least -10.0%passes(250.75M USD − 585.89M USD) ÷ 24.48B USD
Price to bookMarket Cap ÷ Book Value Today2.87×at most 3×passes63.81B USD ÷ 22.26B USD
Operating marginOperating Income ÷ Revenue30.7%above 10.0%passes363.61M USD ÷ 1.18B USD
Revenue growthRevenue ÷ Revenue a Year Before − 113.5%above 10.0%passes1.18B USD / 1.04B USD
Net cash(Cash − Total Debt) ÷ Market Cap-0.3%above -30%passes(346.38M USD − 520.91M USD) ÷ 63.81B USD
Operating efficiencyOperating Income ÷ Gross Profit67.6%above 25.0%passes363.61M USD ÷ 538.27M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

5.93 EUR

Enterprise value

-39.62B EUR

the provider's own figure

EV / EBITDA

-13.39×

Price / book

0.58×

the provider's book

Price / earnings

118.40×

Return on equity

2.7%

the provider's figure, not this page's

Profit margin

49.5%

Revenue growth

-5.6%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2023202420252026

Revenue

1.52B1.12B1.04B1.18B

Gross profit

688.17M438.52M496.71M538.27M

Operating income

543.99M299.57M337.56M363.61M

EBITDA

operating income before depreciation and amortisation

895.80M637.47M598.09M717.91M

Pretax income

860.81M611.44M570.29M690.33M

Net income

746.91M564.27M512.52M585.89M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

742.45M565.19M511.49M582.07M

R&D

————
Balance sheet, year end (USD)2023202420252026

Total assets

22.89B23.12B23.42B24.48B

Total liabilities

2.06B1.80B1.75B2.21B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

20.73B21.25B21.60B22.20B

Total debt

462.27M316.87M376.96M520.91M

Cash and equivalents

356.66M231.63M295.60M346.38M

Net PP&E

fixed assets after depreciation

168.43M161.90M175.47M175.30M

Working capital

current assets less current liabilities

7.25B8.03B8.07B8.69B
Cash flow (USD)2023202420252026

Operating cash flow

-73.43M147.29M489.56M250.75M

Capital expenditure

paid out, so below zero

-13.79M-8.84M-14.41M-13.28M

Depreciation and amortisation

25.28M20.51M20.15M21.70M

Free cash flow

operating cash flow plus capital expenditure

-87.22M138.44M475.15M237.47M