XHKG0808
Market cap243mUSD
Dec 23, Last price
1.22HKD
1D
0.83%
1Q
-9.63%
Jan 2017
-60.13%
IPO
-23.75%
Name
Prosperity Real Estate Investment Trust
Chart & Performance
Profile
Prosperity REIT [SEHK: 808] is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Prosperity REIT owns a diverse portfolio of seven high-quality properties in the decentralized business districts of Hong Kong, comprising all, or a portion of, three Grade A office buildings, one commercial building, two industrial/office buildings and one industrial building, with a total gross rentable area of about 1.28 million sq. ft.
Valuation
Title HKD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 437,314 1.98% | 428,806 1.36% | 423,055 -7.52% | |||||||
Cost of revenue | 157,215 | 168,412 | 165,813 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 280,099 | 260,394 | 257,242 | |||||||
NOPBT Margin | 64.05% | 60.73% | 60.81% | |||||||
Operating Taxes | 27,155 | 46,251 | 41,269 | |||||||
Tax Rate | 9.69% | 17.76% | 16.04% | |||||||
NOPAT | 252,944 | 214,143 | 215,973 | |||||||
Net income | (5,673) -107.58% | 74,891 31.34% | 57,020 -106.52% | |||||||
Dividends | (227,361) | (260,904) | (274,519) | |||||||
Dividend yield | 10.77% | 8.71% | 5.83% | |||||||
Proceeds from repurchase of equity | (37,428) | 82,593 | 58,646 | |||||||
BB yield | 1.77% | -2.76% | -1.25% | |||||||
Debt | ||||||||||
Debt current | 30,000 | 324,145 | 1,535,064 | |||||||
Long-term debt | 2,315,774 | 2,306,789 | 788,155 | |||||||
Deferred revenue | 5,351 | 4,913 | ||||||||
Other long-term liabilities | 2,681 | (256,125) | (231,198) | |||||||
Net debt | 2,272,108 | 2,460,392 | 2,117,259 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 306,862 | 243,139 | 267,032 | |||||||
CAPEX | (20,504) | (6,518) | ||||||||
Cash from investing activities | (21,745) | (20,504) | (6,518) | |||||||
Cash from financing activities | (324,470) | (328,229) | (406,342) | |||||||
FCF | 10,239,011 | 56,568 | 384,520 | |||||||
Balance | ||||||||||
Cash | 61,013 | 100,366 | 205,960 | |||||||
Long term investments | 12,653 | 70,176 | ||||||||
Excess cash | 51,800 | 149,102 | 184,807 | |||||||
Stockholders' equity | 6,888,706 | 7,098,489 | 7,264,576 | |||||||
Invested Capital | 9,185,361 | 9,580,321 | 9,405,838 | |||||||
ROIC | 2.70% | 2.26% | 2.27% | |||||||
ROCE | 2.95% | 2.61% | 2.62% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,519,399 | 1,505,738 | 1,528,106 | |||||||
Price | 1.39 -30.15% | 1.99 -35.39% | 3.08 26.75% | |||||||
Market cap | 2,111,965 -29.52% | 2,996,419 -36.34% | 4,706,567 27.56% | |||||||
EV | 4,384,073 | 5,456,811 | 6,825,799 | |||||||
EBITDA | 280,099 | 260,394 | 257,242 | |||||||
EV/EBITDA | 15.65 | 20.96 | 26.53 | |||||||
Interest | 134,597 | 61,454 | 32,777 | |||||||
Interest/NOPBT | 48.05% | 23.60% | 12.74% |