of the CapitaLand Group last year in an exercise that saw the real estate giant’s development arm being privatised.the now delisted CapitaLand Group with its peerInvestors may now be curious as to how CLI compares with another property behemoth —We decided to pit the two real estate conglomerates against each other to determine which makes the better investment choice.CLI reported a 15.6% year on year rise in revenue to S$2.3 billion while CDL saw a 24.5% year on year jump in revenue to S$2.
CLI, however, had indicated that its core net profit increased by 12.2% year on year to S$497 million after excluding one-off gains and losses, revaluation adjustments, and impairments.Debt indicatorsCLI has a lower net debt to equity as well as a lower net debt to total assets compared with CDL. The higher this ratio is, the better, as it assures that a company’s interest expense can be adequately serviced by its operating profit.Both CLI and CDL generated positive free cash flow for FY2021.This financial metric looks at how much free cash flow is generated per dollar of revenue.Winner: CDLWe were also curious about how each company’s hotel cum lodging division fared in the light of the pandemic.