Fortune Real Estate Investment Trust

Fortune Real Estate Investment Trust

4.21
HKD
-0.05
(-1.29%)
17.51BMarket Cap
Mar 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.75
0.89
1
1.04
1.01
1.01
1.01
0.95
0.92
0.89
0.89
0.86
0.82
- -
Basic EPS, GAAP
2.07
2.1
1.32
0.66
1.68
3.12
0.76
-1.64
0.67
0.25
-0.08
-0.26
-0.56
- -
Free Cash Flow per Basic Share
0.46
0.55
0.62
0.68
0.67
0.66
0.72
0.5
0.55
0.59
0.58
0.51
0.51
- -
Dividend per Share
0.33
0.39
0.44
0.48
0.5
0.51
0.51
0.48
0.49
0.43
0.43
0.36
0.36
0.23
Book Value per Share
10.28
11.95
12.78
12.93
14.07
16.64
16.81
14.62
14.81
14.55
13.94
13.25
12.25
12.79
Tangible Book Value per Share
10.28
11.95
12.78
12.93
14.07
16.64
16.81
14.62
14.81
14.55
13.94
13.25
12.25
12.79
Basic Weighted Avg Shares
1,765
1,870
1,883
1,897
1,909
1,921
1,935
1,951
1,967
1,984
2,004
2,028
2,049
1,885
Sales/Revenue/Turnover
1,317
1,656
1,882
1,975
1,935
1,940
1,960
1,844
1,806
1,764
1,786
1,746
1,682
- -
Operating Margin (%)
64.19
63.62
63.71
64.92
68.56
68.69
67.85
67.22
66.92
66.08
65.68
64.71
63.59
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
3,649
3,931
2,486
1,258
3,201
5,991
1,477
-3,193
1,318
503
-155
-519
-1,157
- -
Effective Tax Rate (%)
3.5
4.17
7.32
14.4
6.41
3.56
12.9
- -
13.39
35.33
- -
- -
- -
- -
Profit Margin (%)
277
237.41
132.09
63.68
165.39
308.79
75.36
-173.17
72.94
28.49
-8.67
-29.72
-68.79
- -
Working Capital
-1,048
-1,180
-4,141
-1,212
-1,146
-1,075
-4,703
-4,568
-2,474
-2,922
-1,539
-4,112
-4,960
-4,950
LT Debt
8,860
8,881
7,229
10,230
9,286
8,459
4,980
5,165
7,241
7,480
8,998
6,516
5,745
6,464
Total Equity
19,109
22,376
24,106
24,545
26,888
32,013
32,624
28,632
29,183
28,927
28,080
26,931
25,140
24,218
Return on Invested Capital (%)
2.97
3.27
3.83
3.09
3.4
5.58
2.82
- -
2.78
1.97
- -
- -
- -
- -
Return on Capital (%)
15.34
13.33
7.86
3.99
9.23
15.81
4.15
- -
3.74
1.69
- -
- -
- -
- -
Return on Common Equity (%)
21.41
18.95
10.7
5.17
12.45
20.34
4.57
-10.43
4.56
1.73
-0.54
-1.89
-4.44
- -

Capital Structure

HKD

•

in mil. unless spec.
Sep'15
Dec'15
Jun'16
ST Debt
3,594
3,780
4,497
LT Borrowings
7,223
7,229
6,464
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,883
1,886
1,893
Market Capitalization
13,669
15,053
17,512

Working Capital

HKD

•

in mil. unless spec.
Sep'15
Dec'15
Jun'16
Total Current Assets
517
784
841
Cash, Cash Equivalents & STI
440
710
771
Accounts Receivable, Net
77
39
36
Inventories
- -
- -
- -
Total Current Liabilities
4,652
4,925
5,791
Payables & Accruals
914
1,096
1,157
ST Debt
3,594
3,780
4,497
Deferred Revenue
- -
22
27

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.75%
-2.52%
-6.65%
Free Cash Flow
-0.34%
1.73%
1.97%
Net Income, GAAP
-17.53%
4.81%
122.98%
Sales/Revenue/Turnover
-1.07%
-1.8%
-3.66%
Total Cash Common Dividend
-0.96%
-4.32%
-0.21%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,786
2024
- -
- -
1,746
2025
- -
- -
1,682

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.08
2024
- -
- -
-0.26
2025
- -
- -
-0.56

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.43
2024
- -
- -
0.36
2025
- -
- -
0.36

Company Description

CEO
Yu Chiu
Sector
Finance
Industry
Real estate investment trusts
Address
Unit 901, Level 9 Hong Kong Hong Kong 038985
IPO Date
Apr 20, 2010
Business
Fortune Real Estate Investment Trust (Ticker: 0778.HK) is a real estate investment trust primarily engaged in the ownership, management, acquisition, and development of income-producing commercial properties. The company’s core portfolio includes office buildings, retail spaces, and mixed-use commercial properties, with a particular focus on high-quality assets in prime locations. Its offerings extend to leasing, property management services, and property value enhancement through strategic asset management. Fortune REIT operates principally in Hong Kong, where it holds a diversified portfolio of properties serving commercial tenants and retail customers. Founded in 2003, the company is headquartered in Hong Kong. Its portfolio includes prominent office and retail properties in key urban districts, targeting multinational corporations, local businesses, and retail operators as its primary customer base. Fortune REIT’s management emphasizes stable rental income and long-term capital appreciation through active property management. Recent strategic developments include the enhancement of its property portfolio by acquiring additional commercial assets and the implementation of new leasing strategies that cater to evolving market demands. The company has also focused on sustainability initiatives and operational efficiencies in its properties, aligning with broader industry trends. These changes reflect Fortune REIT’s commitment to maintaining a competitive edge and maximizing shareholder value in the dynamic Hong Kong real estate market. There have been no recent major corporate name changes or restructuring reported within the last one to two years as of the latest data available. Fortune REIT is listed on the Hong Kong Stock Exchange and remains an independent entity dedicated to income-generating commercial real estate investments with a geographic concentration in Hong Kong. Its expertise encompasses property acquisition, development oversight, leasing, asset and property management, and capital management.

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