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XHKG0405
Market cap619mUSD
Dec 23, Last price  
0.95HKD
1D
1.06%
1Q
-3.06%
Jan 2017
-76.77%
IPO
17.28%
Name

Yuexiu Real Estate Investment Trust

Chart & Performance

D1W1MN
XHKG:0405 chart
P/E
978.19
P/S
2.17
EPS
0.00
Div Yield, %
9.42%
Shrs. gr., 5y
7.86%
Rev. gr., 5y
0.54%
Revenues
2.09b
+11.43%
370,472,746376,603,285436,453,733468,577,760484,655,000522,286,000712,201,0001,370,653,0001,571,168,0001,709,645,0001,837,579,0001,853,899,0002,031,876,0002,058,112,0001,758,732,0001,796,686,0001,872,860,0002,086,855,000
Net income
5m
P
245,096,085341,258,903205,133,765264,501,938635,635,0001,337,275,000686,473,000524,553,000925,506,000735,817,000705,540,0001,429,996,000911,758,000876,819,000565,495,000645,003,000-529,044,0004,625,000
CFO
451m
+27.38%
216,013,761216,996,644242,273,443243,317,447262,188,000275,168,00071,370,000567,702,000727,222,000630,405,000867,136,000622,542,000775,372,000788,543,000694,827,000774,537,000354,144,000451,111,000
Dividend
Sep 10, 20240.0398 HKD/sh
Earnings
Mar 05, 2025

Profile

Yuexiu Real Estate Investment Trust (“Yuexiu REIT”) was listed on the Hong Kong Stock Exchange of Hong Kong Limited on 21 December 2005 and is the first listed real estate investment trust only investing in properties in the People's Republic of China (the “PRC”) in the world. Yuexiu REIT focuses on office, retail and other commercial purposes, strives for properties which can bring considerable cash flows and returns and identifies business opportunities for achieving higher revenue growth through the optimization of its operations. The current property portfolio comprises eight high quality properties, namely White Horse Building, Fortune Plaza, City Development Plaza, Victory Plaza, Guangzhou International Finance Center in Guangzhou, Yuexiu Tower in Shanghai, Wuhan Properties in Wuhan and Victory Business Centre in Hangzhou, with a total area of ownership of approximately 973,001 square metres. All properties are located in the central business district (“CBD”) of Guangzhou, Shanghai, Wuhan and Hangzhou respectively. The categories of the properties include professional clothing market, Grade-A offices, multiple functional commercial offices, retail business, hotel and serviced apartments etc. The Manager of Yuexiu REIT is Yuexiu REIT Asset Management Limited (“Manager”). Yuexiu REIT is managed by an experienced professional team with extensive experience in real estate management, asset management and the securities market and brings long-term and steady investment incomes to the Unitholders (“Unitholders”) of Yuexiu REIT through actively managing its assets and expanding its operations. While the real estate investment trust market is flourishing, the Manager is committed to becoming a professional asset management institution with a focus on the PRC commercial property market, continuing asset appreciation capability, commercial operation capability, capital operation capability and a leading position in the industry.
IPO date
Dec 21, 2005
Employees
673
Domiciled in
HK
Incorporated in
HK

Valuation

Title
CNY in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
2,086,855
11.43%
1,872,860
4.24%
1,796,686
2.16%
Cost of revenue
608,187
688,257
639,480
Unusual Expense (Income)
NOPBT
1,478,668
1,184,603
1,157,206
NOPBT Margin
70.86%
63.25%
64.41%
Operating Taxes
251,452
237,986
263,608
Tax Rate
17.01%
20.09%
22.78%
NOPAT
1,227,216
946,617
893,598
Net income
4,625
-100.87%
(529,044)
-182.02%
645,003
14.06%
Dividends
(453,738)
(893,242)
(682,345)
Dividend yield
6.89%
9.86%
5.64%
Proceeds from repurchase of equity
4,602,415
BB yield
-50.82%
Debt
Debt current
5,856,646
4,374,609
2,903,977
Long-term debt
14,445,492
15,574,035
14,777,439
Deferred revenue
10,160,062
9,565,931
Other long-term liabilities
5,713,745
(15,541,033)
(14,767,446)
Net debt
19,064,032
18,527,617
16,204,536
Cash flow
Cash from operating activities
451,111
354,144
774,537
CAPEX
(15,421)
(17,742)
Cash from investing activities
(91,807)
(3,711,357)
(4,161,724)
Cash from financing activities
(276,975)
3,274,322
3,035,667
FCF
40,174,423
(2,254,606)
(3,848,525)
Balance
Cash
1,238,106
1,371,027
1,453,356
Long term investments
50,000
23,524
Excess cash
1,133,763
1,327,384
1,387,046
Stockholders' equity
17,494,527
17,456,894
15,923,878
Invested Capital
41,698,140
35,987,748
32,215,074
ROIC
3.16%
2.78%
2.95%
ROCE
3.45%
2.77%
2.98%
EV
Common stock shares outstanding
5,224,331
4,596,839
3,745,873
Price
1.26
-36.04%
1.97
-39.01%
3.23
-15.00%
Market cap
6,582,657
-27.31%
9,055,773
-25.15%
12,099,170
-12.48%
EV
27,180,879
28,935,889
29,509,732
EBITDA
1,628,647
1,331,480
1,301,884
EV/EBITDA
16.69
21.73
22.67
Interest
903,950
543,576
327,213
Interest/NOPBT
61.13%
45.89%
28.28%