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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Sino Land Company Limited    0083   HK0083000502

SINO LAND COMPANY LIMITED

(0083)
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End-of-day quote. End-of-day quote Stock Exchange of Hong Kong - 08/21
11.9 HKD   +0.34%
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Sino Land : Group Celebrates the Grand Opening of ‘ Inno Lab' Sandbox Platform Facilitates Collaboration with Innovation and Technology Companies for Commercial Applications and R & D

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10/29/2018 | 04:52am EDT

Sino Group launches Sino Inno Lab in a further effort to support Hong Kong's innovative business ecosystem through encouraging innovators to develop products and solutions for property technology (PropTech). 'Sino Inno Lab' also explores other technologies, such as Artificial Intelligence, robotics, big data and blockchain, for future applications.  
 
Mr David Ng, Group General Manager of Sino Group, notes that Sino Inno Lab serves as a platform to support Hong Kong's innovation development. He remarks, 'The Lab enables innovation and technology companies to showcase their products, test market potential, enhance products and expand product applications. We partner with industry players including local universities, research and development centres such as the Hong Kong Science Park, Cyberport and the Federation of Hong Kong Industries to encourage collaboration among innovators, the academia, businesses and industries. Through the Lab, Sino Group strives to cultivate the learning interest among our staff and deepen their understanding of the products for possible business application.'
 
Fosters Partnership to Support Hong Kong's Innovation Development
Sino Group celebrated the grand opening of 'Sino Inno Lab' today with a reception graced by government officials, like-minded partners and industry players. Officiating guests included Ms Ester Perets Burke, Consul, Head of Economic and Trade Mission, Consulate General of Israel in Hong Kong; Dr Daniel Yip, Deputy Chairman of the Federation of Hong Kong Industries; Mr Jeff Lin, Chief Commercial Officer and Co-Founder of Liricco Technologies Limited; Mr Toby So, Founder and Chief Executive Officer of Film Players Limited, and Mr Andrew Young, Associate Director (Innovation), Sino Group.
 
'Innovation technology, which is the cornerstone of the development of a society, is leapfrogging. 'Sino Inno Lab' serves as a platform for tech companies to connect and interact with business partners. Technology is integral to every aspect of our lives with outstanding achievements of local and overseas innovators. Their innovation spirit and products help raise the competitiveness of Hong Kong,' said Mr Andrew Young, Associate Director (Innovation), Sino Group at the opening reception.
 
Provides Platform for Startups to Showcase Product Applications
Finding a platform to showcase tech products is one of the challenges for startups. Film Players Limited demonstrated their Digital Film in a simulated hotel room in the Lab. 'Digital Film is co-developed by Film Players, The Hong Kong University of Science and Technology, and International Iberian Nanotechnology Laboratory (INL). The film is multifunctional and can be conveniently recharged with power bank. When applying on a glass window, the film can turn into a smart window to enable different shades of transparency or become a display board according to the user's needs. The product has earned numerous international awards and has been used both locally and overseas,' said Mr Toby So of Film Players.
 
Mr Jeff Lin of Liricco Technologies Limited introduced the Smart Car Park Lighting System which integrates multiple functions such as energy saving, data collection and security alert. It is now on pilot in the car park of Olympian City 3. The system can turn on and off the lights or adjust their brightness based on the extent of sunlight and the usage patterns of the drivers and passers-by, enabling substantial energy saving. The system also collects data and sends out security alert when irregularity arises. Jeff is grateful to 'Sino Inno Lab' for helping startups in expanding businesses, networks and new markets.
 
Encourages Collaboration to Explore New Horizons
'Sino Inno Lab' also brings in outstanding tech products from overseas. Ms Ester Perets Burke of the Consulate General of Israel in Hong Kong introduced the Israel-made Active Noise Cancellation Technology which can be applied on household amenities to facilitate a tranquil home environment.
 
Strengthens PropTech to Enrich Smart Living Experience
'Sino Inno Lab' showcases diverse cutting-edge innovative products and solutions which can be applied to hotels, residences, shopping malls and property management to enhance services. Artificial Intelligence is applied in some of the exhibits to enrich customers' experience and explore new potential in smart living, enabling the property industry to create a smarter community.
 
About Sino Group
Sino Group is one of the leading property developers in Hong Kong with core business in developing residential, office, industrial and retail properties for sale and investment.  The Group is also a major player in hotel investment and management, club management, property management, car park operations as well as environmental and security services. With a team of over 10,000 dedicated professionals, Sino Group strives to consistently deliver quality properties and services that surpass the expectations of customers.
 
As a committed corporate citizen, Sino Group has been actively participating in community services and green activities as well as art and culture events over the years.  The Group focuses corporate social responsibility efforts on four areas: Sino Care, Sino Green, Sino Art and Sino Heritage. Sino Land Company Limited (083) has been a constituent member of the Hang Seng Corporate Sustainability Index Series since September 2012 for its continual efforts in promoting sustainability.  www.sino.com

Disclaimer

Sino Land Co. Ltd. published this content on 29 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 October 2018 09:51:10 UTC

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Financials (HKD)
Sales 2019 8 460 M
EBIT 2019 4 084 M
Net income 2019 4 680 M
Finance 2019 29 679 M
Yield 2019 4,78%
P/E ratio 2019 15,7x
P/E ratio 2020 14,7x
EV / Sales2019 5,84x
EV / Sales2020 5,29x
Capitalization 79 077 M
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 14,89  HKD
Last Close Price 11,60  HKD
Spread / Highest target 68,1%
Spread / Average Target 28,4%
Spread / Lowest Target -0,86%
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Managers
NameTitle
Chee Siong Ng Chairman
Velencia Lee Chief Financial Officer & Secretary
Win Kong Ng Deputy Chairman
Wing Kwong Chan Executive Director
Ronald Joseph Arculli Non-Executive Director
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