XHKG1821
Market cap6.52bUSD
Dec 20, Last price
11.94HKD
1D
-0.33%
1Q
-5.24%
IPO
-28.93%
Name
ESR Group Ltd
Chart & Performance
P/E
28.26
P/S
7.49
EPS
0.05
Div Yield, %
0.28%
Shrs. gr., 5y
7.67%
Rev. gr., 5y
27.94%
Revenues
871m
-16.85%
Net income
231m
-59.79%
CFO
143m
+80.28%
Dividend
Jun 07, 20240.125 HKD/sh
Earnings
Mar 19, 2025
Profile
ESR Group Limited, together with its subsidiaries, engages in the logistics real estate development, leasing, and management activities in the Public's Republic of China, Japan, South Korea, Singapore, Australia, and India. It operates through three segments: Investment, Fund Management, and Development. The company develops, constructs, invests in, and sells logistics real estate properties, as well as data centers and commercial assets. It is also involved in the fund management business; and warehousing business. In addition, the company invests in properties, co-investments funds and investment vehicles, public REITs, and other investments. It serves e-commerce companies, 3PL providers, bricks-and-mortar retailers, manufacturers, cold-chain logistics providers, and other enterprises in various industries. The company was formerly known as ESR Cayman Limited and changed its name to ESR Group Limited in June 2022. ESR Group Limited was incorporated in 2011 and is headquartered in Central, Hong Kong.
Valuation
Title USD in thousands, except ratios and share amounts | 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 | |
| Income | |||||||||
Revenues | 871,326 -16.85% | 1,047,870 83.04% | 572,480 16.02% | ||||||
Cost of revenue | 520,294 | 498,040 | 295,792 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 351,032 | 549,830 | 276,688 | ||||||
NOPBT Margin | 40.29% | 52.47% | 48.33% | ||||||
Operating Taxes | 126,182 | 184,016 | 106,164 | ||||||
Tax Rate | 35.95% | 33.47% | 38.37% | ||||||
NOPAT | 224,850 | 365,814 | 170,524 | ||||||
Net income | 230,849 -59.79% | 574,145 64.30% | 349,440 21.98% | ||||||
Dividends | (181,385) | (70,777) | (5,835) | ||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | (217,770) | (138,119) | 760,482 | ||||||
BB yield | |||||||||
| Debt | |||||||||
Debt current | 911,251 | 300,855 | 1,316,371 | ||||||
Long-term debt | 5,135,022 | 5,240,366 | 2,944,101 | ||||||
Deferred revenue | 11,664 | 4,588,674 | 2,579,800 | ||||||
Other long-term liabilities | 2,347,592 | (5,206,178) | (2,935,012) | ||||||
Net debt | 383,392 | (928,873) | (1,666,973) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 142,787 | 79,202 | 75,149 | ||||||
CAPEX | (156,991) | (13,685) | |||||||
Cash from investing activities | (758,166) | (170,627) | (1,158,707) | ||||||
Cash from financing activities | (123,044) | 405,068 | 1,256,639 | ||||||
FCF | (446,160) | 1,780,191 | (1,408,262) | ||||||
| Balance | |||||||||
Cash | 957,486 | 1,806,915 | 1,638,228 | ||||||
Long term investments | 4,705,395 | 4,663,179 | 4,289,217 | ||||||
Excess cash | 5,619,315 | 6,417,701 | 5,898,821 | ||||||
Stockholders' equity | 2,439,042 | 2,692,095 | 2,391,847 | ||||||
Invested Capital | 13,033,058 | 12,880,163 | 7,715,843 | ||||||
ROIC | 1.74% | 3.55% | 2.44% | ||||||
ROCE | 2.27% | 3.40% | 2.64% | ||||||
| EV | |||||||||
Common stock shares outstanding | 4,405,369 | 4,492,820 | 3,094,042 | ||||||
Price | |||||||||
Market cap | |||||||||
EV | |||||||||
EBITDA | 401,375 | 597,291 | 293,546 | ||||||
EV/EBITDA | |||||||||
Interest | 312,901 | 222,415 | 163,549 | ||||||
Interest/NOPBT | 89.14% | 40.45% | 59.11% | ||||||