Hongkong Land released its preliminary financial results for 2020 on 11 March. 

I find this report to be useful.
https://hklandblob.blob.core.windows.net/assets/financial-reports-and-results/2021/en/hll_20210311.pdf   

Highlights •
Underlying profit of US$963 million, down 11%
• Net asset value per share down 7% on lower capital values
• Dividend level maintained
• 43% interest retained in the prime West Bund project in Shanghai
• Balance sheet and funding position remain strong

Based on the current stock price of $4.92 USD, the key metrics are:
Price earning ratio (based on underlying profit) - 11.88 times
Dividend yield: 4.39%
Price to book value: 32% (i.e. discount of 68%)

Note - HK land showed the underlying profit separate from the "normal profit". The normal profit showed a loss due to revaluation of assets. I find the underlying profit to be a more reliable figure.

I find this stock to be attractive due to its discount of 6% to asset value, acceptable PE ratio and attractive dividend yield. I have decided to re-invest in this stock using my SRS and cash. 

Note - this is my personal view. I am not giving investment advice. 

Tan Kin Lian