Financials Sunlight Real Estate Investment Trust

Equities

435

HK0435036626

Commercial REITs

Market Closed - Hong Kong S.E. 04:08:06 2024-04-30 am EDT 5-day change 1st Jan Change
1.69 HKD -1.17% Intraday chart for Sunlight Real Estate Investment Trust +4.32% -22.48%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2024 2025
Capitalization 1 9,894 6,397 7,508 6,138 2,931 -
Enterprise Value (EV) 1 9,894 6,397 7,508 6,138 2,931 2,931
P/E ratio 6.18 x -8.56 x - - - -
Yield 4.56% 6.96% - 6.85% 16.4% 12.3%
Capitalization / Revenue 11.6 x 7.49 x - 7.64 x 2.32 x 3.42 x
EV / Revenue 11.6 x 7.49 x - 7.64 x 2.32 x 3.42 x
EV / EBITDA - 10.8 x - 11.3 x 3.6 x 5.29 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.62 x 0.43 x 0.53 x 0.44 x 0.21 x 0.21 x
Nbr of stocks (in thousands) 1,651,723 1,661,429 1,672,133 1,681,712 1,714,051 -
Reference price 2 5.990 3.850 4.490 3.650 1.710 1.710
Announcement Date 9/4/19 9/8/20 10/4/21 9/6/22 - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2024 2025
Net sales 1 850.7 854.6 - 802.9 1,262 856
EBITDA 1 - 592 - 541.3 814 554
EBIT 581.6 574.9 532.1 - - -
Operating Margin 68.37% 67.27% - - - -
Earnings before Tax (EBT) 1,672 -671.3 - - - 377
Net income 1 1,591 -751.4 - 102.9 481 363
Net margin 187.03% -87.93% - 12.82% 38.11% 42.41%
EPS 0.9700 -0.4500 - - - -
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.2730 0.2680 - 0.2500 0.2800 0.2100
Announcement Date 9/4/19 9/8/20 10/4/21 9/6/22 - -
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 2.95% 2.54% 2.57% 2.6% 3.1% 2.3%
ROA (Net income/ Total Assets) 2.25% 1.93% 1.91% 1.92% 2.2% 1.6%
Assets 1 70,672 -38,852 - 5,354 21,864 22,688
Book Value Per Share 2 9.680 8.890 8.450 8.360 8.100 8.200
Cash Flow per Share - - - - - -
Capex 59.7 53 29.3 - - 30
Capex / Sales 7.02% 6.2% - - - 3.5%
Announcement Date 9/4/19 9/8/20 10/4/21 9/6/22 - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1.71 HKD
Average target price
2.67 HKD
Spread / Average Target
+56.14%
Consensus

Chiffre d''affaires - Rate of surprise

  1. Stock Market
  2. Equities
  3. 435 Stock
  4. Financials Sunlight Real Estate Investment Trust