Hotel Properties（H15）株式概要投資持株会社であるホテル・プロパティーズ・リミテッドは、シンガポール国内外にホテルを所有、管理、運営している。 詳細H15 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性1/6配当金0/6リスク分析利払いは収益で十分にカバーされない すべてのリスクチェックを見るH15 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW478,038 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA478,038 investors already sharing narrativesYour Fair ValueS$Current PriceS$4.6044.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-192m2b2016201920222025202620282031Revenue S$1.8bEarnings S$135.0mAdvancedSet Fair ValueView all narrativesHotel Properties Limited 競合他社Stamford LandSymbol: SGX:H07Market cap: S$712.1mHotel Grand CentralSymbol: SGX:H18Market cap: S$528.7mBanyan Tree HoldingsSymbol: SGX:B58Market cap: S$477.2mBonvests HoldingsSymbol: SGX:B28Market cap: S$393.5m価格と性能株価の高値、安値、推移の概要Hotel Properties過去の株価現在の株価S$4.6052週高値S$5.5852週安値S$4.40ベータ0.251ヶ月の変化1.55%3ヶ月変化-2.54%1年変化-15.75%3年間の変化26.72%5年間の変化40.24%IPOからの変化104.44%最新ニュースお知らせ • 7hHotel Properties Limited Provides Group Earnings Guidance for Half Year Ended 30 June 2026Hotel Properties Limited provided group earnings guidance for half year ended 30 June 2026. For the period, the Group is expected to report a net loss for first half of 2026, primarily due to the adverse impact of the ongoing conflict in the Middle East on the operating performance of its hotels and resorts. Borrowing costs also remained elevated, mainly as a result of additional borrowings undertaken to fund new acquisitions.お知らせ • 19hHotel Properties Limited to Report First Half, 2026 Results on Aug 14, 2026Hotel Properties Limited announced that they will report first half, 2026 results on Aug 14, 2026Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Nick Loup was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • May 01Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 22 May 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Singaporean dividend payers (5.0%). Lower than average of industry peers (4.1%).Reported Earnings • Apr 19Full year 2025 earnings released: S$0.10 loss per share (vs S$0.039 profit in FY 2024)Full year 2025 results: S$0.10 loss per share (down from S$0.039 profit in FY 2024). Revenue: S$742.7m (up 7.2% from FY 2024). Net loss: S$55.0m (down 373% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Declared Dividend • Apr 17Dividend of S$0.04 announcedDividend of S$0.04 is the same as last year. Ex-date: 8th May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.9%.最新情報をもっと見るRecent updatesお知らせ • 7hHotel Properties Limited Provides Group Earnings Guidance for Half Year Ended 30 June 2026Hotel Properties Limited provided group earnings guidance for half year ended 30 June 2026. For the period, the Group is expected to report a net loss for first half of 2026, primarily due to the adverse impact of the ongoing conflict in the Middle East on the operating performance of its hotels and resorts. Borrowing costs also remained elevated, mainly as a result of additional borrowings undertaken to fund new acquisitions.お知らせ • 19hHotel Properties Limited to Report First Half, 2026 Results on Aug 14, 2026Hotel Properties Limited announced that they will report first half, 2026 results on Aug 14, 2026Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Nick Loup was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • May 01Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 22 May 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Singaporean dividend payers (5.0%). Lower than average of industry peers (4.1%).Reported Earnings • Apr 19Full year 2025 earnings released: S$0.10 loss per share (vs S$0.039 profit in FY 2024)Full year 2025 results: S$0.10 loss per share (down from S$0.039 profit in FY 2024). Revenue: S$742.7m (up 7.2% from FY 2024). Net loss: S$55.0m (down 373% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Declared Dividend • Apr 17Dividend of S$0.04 announcedDividend of S$0.04 is the same as last year. Ex-date: 8th May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.9%.お知らせ • Apr 15Hotel Properties Limited, Annual General Meeting, Apr 30, 2026Hotel Properties Limited, Annual General Meeting, Apr 30, 2026, at 16:00 Singapore Standard Time. Location: crescent ballroom, level 2 four seasons hotel singapore, 190 orchard boulevard, singapore 248646, SingaporeReported Earnings • Mar 02Third quarter 2025 earnings released: S$0.89 loss per share (vs S$0.027 profit in 3Q 2024)Third quarter 2025 results: S$0.89 loss per share (down from S$0.027 profit in 3Q 2024). Revenue: S$182.1m (up 5.4% from 3Q 2024). Net loss: S$28.8m (down 302% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 13+ 1 more updateHotel Properties Limited to Report Fiscal Year 2025 Results on Feb 27, 2026Hotel Properties Limited announced that they will report fiscal year 2025 results on Feb 27, 2026分析記事 • Jan 28Hotel Properties Limited's (SGX:H15) Popularity With Investors Is Under Threat From OverpricingWhen you see that almost half of the companies in the Hospitality industry in Singapore have price-to-sales ratios (or...分析記事 • Jan 08Hotel Properties' (SGX:H15) Returns On Capital Are Heading HigherIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Aug 18Returns On Capital Are Showing Encouraging Signs At Hotel Properties (SGX:H15)SGX:H15 1 Year Share Price vs Fair Value Explore Hotel Properties's Fair Values from the Community and select yours...Reported Earnings • Aug 16First half 2025 earnings released: EPS: S$0.013 (vs S$0.016 loss in 1H 2024)First half 2025 results: EPS: S$0.013 (up from S$0.016 loss in 1H 2024). Revenue: S$378.4m (up 9.0% from 1H 2024). Net income: S$11.4m (up S$16.4m from 1H 2024). Profit margin: 3.0% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 25Getting In Cheap On Hotel Properties Limited (SGX:H15) Is UnlikelyHotel Properties Limited's ( SGX:H15 ) price-to-sales (or "P/S") ratio of 4x may look like a poor investment...分析記事 • Jun 02Here's Why Hotel Properties (SGX:H15) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • May 14Here's What's Concerning About Hotel Properties' (SGX:H15) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Upcoming Dividend • Apr 30Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 23 May 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.1%. Lower than top quartile of Singaporean dividend payers (6.0%). Lower than average of industry peers (4.0%).Declared Dividend • Apr 16Dividend of S$0.04 announcedShareholders will receive a dividend of S$0.04. Ex-date: 7th May 2025 Payment date: 23rd May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.9%.お知らせ • Apr 14+ 3 more updatesHotel Properties Limited, Annual General Meeting, Apr 29, 2025Hotel Properties Limited, Annual General Meeting, Apr 29, 2025, at 16:00 Singapore Standard Time. Location: crescent ballroom, level 2 four seasons, hotel singapore, 190 orchard boulevard, singapore 248646, SingaporeReported Earnings • Mar 01Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: S$0.039 (down from S$1.06 in FY 2023). Revenue: S$692.9m (up 7.9% from FY 2023). Net income: S$27.2m (down 95% from FY 2023). Profit margin: 3.9% (down from 86% in FY 2023). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates by 80%. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Feb 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 100% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings are forecast to decline by an average of 100% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Recent Insider Transactions Derivative • Jan 09Executive Director exercised options to buy S$2.7m worth of stock.On the 6th of January, Buong Lik Lau exercised options to buy 750k shares at a strike price of around S$3.24, costing a total of S$2.4m. This transaction amounted to 73% of their direct individual holding at the time of the trade. Since March 2024, Buong Lik has owned 1.03m shares directly. Company insiders have collectively bought S$5.3m more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Aug 17First half 2024 earnings released: S$0.016 loss per share (vs S$0.04 loss in 1H 2023)First half 2024 results: S$0.016 loss per share (improved from S$0.04 loss in 1H 2023). Revenue: S$347.3m (up 8.9% from 1H 2023). Net loss: S$4.93m (loss narrowed 71% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • May 23Hotel Properties Limited Announces Board and Committee ChangesThe Board of Directors of Hotel Properties Limited announced the appointment of Mr. Rahul Goswamy as non-executive independent director of the Company with effect from 21 May 2024. AUDIT COMMITTEE; Rahul Goswamy; Chairman, Independent Director, Arthur Tan Keng Hock; Non-Executive Director, Wong Liang Ying; Independent Director. REMUNERATION COMMITTEE; Nicholas James Loup; Chairman, Independent Director, Ong Beng Seng; Executive Director, Rahul Goswamy; Independent Director. NOMINATING COMMITTEE; Wong Liang Ying; Chairman, Independent Director,David Fu Kuo Chen; Non-Executive Director, Nicholas James Loup; Independent Director.Recent Insider Transactions Derivative • May 09Group Executive Director exercised options to buy S$3.2m worth of stock.On the 6th of May, Tien Lock Lim exercised options to buy 900k shares at a strike price of around S$3.21, costing a total of S$2.9m. This was the only transaction from an insider over the last 12 months.Upcoming Dividend • May 02Upcoming dividend of S$0.06 per shareEligible shareholders must have bought the stock before 08 May 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 3.8% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Singaporean dividend payers (6.2%). Lower than average of industry peers (3.4%).分析記事 • May 01Hotel Properties (SGX:H15) Has Announced A Dividend Of SGD0.06The board of Hotel Properties Limited ( SGX:H15 ) has announced that it will pay a dividend of SGD0.06 per share on the...お知らせ • May 01Hotel Properties Limited Announces Board ChangesThe Board of Directors Hotel Properties Limited announced the appointment of Mr. Wong Liang Ying as the new Independent Chairman of the Board, in place of Mr. Arthur Tan Keng Hock upon the conclusion of the Company's Annual General Meeting on 30 April 2024. Mr. Arthur Tan Keng Hock who has served as Independent Director for more than nine years, will cease to be independent upon the conclusion of the Company's Annual General Meeting on 30 April 2024 and he will be redesignated as Non-Independent Non-Executive Director of the Company.お知らせ • Apr 30+ 2 more updatesHotel Properties Limited Approves First and Final One-Tier Tax-Exempt Dividend for the Year Ended 31 December 2023Hotel Properties Limited approved first and final one-tier tax-exempt dividend of 4 cents per ordinary share for the year ended 31 December 2023 at its Annual General Meeting held on 30 April 2024.分析記事 • Apr 17Hotel Properties (SGX:H15) Is Due To Pay A Dividend Of SGD0.06Hotel Properties Limited ( SGX:H15 ) has announced that it will pay a dividend of SGD0.06 per share on the 24th of May...Reported Earnings • Apr 17Full year 2023 earnings released: EPS: S$1.06 (vs S$0.057 in FY 2022)Full year 2023 results: EPS: S$1.06 (up from S$0.057 in FY 2022). Revenue: S$642.1m (up 22% from FY 2022). Net income: S$554.0m (up S$524.3m from FY 2022). Profit margin: 86% (up from 5.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 143% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 17Dividend of S$0.06 announcedShareholders will receive a dividend of S$0.06. Ex-date: 8th May 2024 Payment date: 24th May 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (4% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Apr 16+ 2 more updatesHotel Properties Limited, Annual General Meeting, Apr 30, 2024Hotel Properties Limited, Annual General Meeting, Apr 30, 2024, at 16:00 Singapore Standard Time. Location: Crescent Ballroom, Level 2 Four Seasons Hotel Singapore, 190 Orchard Boulevard, Singapore 248646 Singapore Singapore Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended December 31, 2023 and the Auditors' Report thereon; to declare a first and final one-tier tax exempt dividend of 4 cents per ordinary share and a one-tier tax exempt special dividend of 2 cents per ordinary share for the year ended December 31, 2023; and to consider other matters.Reported Earnings • Feb 28Full year 2023 earnings released: EPS: S$1.06 (vs S$0.13 in FY 2022)Full year 2023 results: EPS: S$1.06 (up from S$0.13 in FY 2022). Revenue: S$642.1m (up 22% from FY 2022). Net income: S$561.0m (up S$495.1m from FY 2022). Profit margin: 87% (up from 13% in FY 2022). Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Feb 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results.New Risk • Oct 13New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.分析記事 • Sep 28Here's Why Hotel Properties (SGX:H15) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Aug 12First half 2023 earnings released: S$0.04 loss per share (vs S$0.01 loss in 1H 2022)First half 2023 results: S$0.04 loss per share (further deteriorated from S$0.01 loss in 1H 2022). Revenue: S$319.0m (up 28% from 1H 2022). Net loss: S$17.2m (down S$19.1m from profit in 1H 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 29+ 1 more updateHotel Properties Limited Provides Group Earnings Guidance for the First Half Ended 30 June 2023Hotel Properties Limited provided group earnings guidance for the first half ended 30 June 2023. For the half year, the Group is expected to report a net loss. Despite an improvement in the performance of the Group's hotels and resorts in general, higher interest cost and share of losses from the associates and jointly controlled entities is expected to result in a net loss for 1H 2023.分析記事 • Jul 14Be Wary Of Hotel Properties (SGX:H15) And Its Returns On CapitalWhat underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of...分析記事 • Jun 12Does Hotel Properties (SGX:H15) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • May 09Hotel Properties Limited Approves Appointment of Nicholas James Loup as Non-Executive Independent DirectorThe Board of Hotel Properties Limited approved the appointment of Mr. Nicholas James Loup as a Non-Executive Independent Director, a Member of the Audit Committee and a Member of the Nominating Committee of the Company with effect from May 8, 2023 after having considered the recommendation of the Nominating Committee and having reviewed the credentials and experience of Mr. Loup. Working Experience: 1) Chelsfield Asia (2016 to Present) Group Vice Chairman, CEO Asia 2) Dymon Asia Real Estate (2015-2016) CEO - Business sold to Chelsfield 3) Chelsfield Group Board (2015) Working with Chairman on Group Strategy 4) Grosvenor Asia Pacific, Hong Kong (1996-2015) Chief Executive, and involved with Audit and Remuneration Committees. However, Mr. Loup was a Director of Asia Standard International Group Ltd. (Hong Kong Stock Code Number 129) since August 20, 1999 and re-designated as Non-Executive Director on March 25, 2011. He resigned on July 9, 2012. The Company will be enrolling Mr. Loup in the relevant training courses offered by the Singapore Institute of Directors within one year from the date of his appointment.Upcoming Dividend • May 03Upcoming dividend of S$0.05 per share at 1.1% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 23 May 2023. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of Singaporean dividend payers (6.4%). Lower than average of industry peers (3.1%).Reported Earnings • Apr 07Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: S$0.13 (up from S$0.042 loss in FY 2021). Revenue: S$525.5m (up 53% from FY 2021). Net income: S$65.9m (up S$87.6m from FY 2021). Profit margin: 13% (up from net loss in FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 25Full year 2022 earnings released: EPS: S$0.13 (vs S$0.042 loss in FY 2021)Full year 2022 results: EPS: S$0.13 (up from S$0.042 loss in FY 2021). Revenue: S$525.5m (up 53% from FY 2021). Net income: S$76.4m (up S$98.1m from FY 2021). Profit margin: 14% (up from net loss in FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 02Hotel Properties Limited Announces Changes of Company SecretariesThe Board of Directors of Hotel Properties Limited (the "Company") announced the following: 1) the resignation of Ms Michelle Fiona Heng and Ms Lim Guek Hong as Company Secretaries of the Company with effect from 1 February 2023. 2) the appointment of Ms Joanna Lim Lan Sim as the Company Secretary of the Company with effect from 1 February 2023.お知らせ • Dec 22Royal Hiranandani Pte Ltd agreed to acquire 7 shop units in Ming Arcade from Hotel Properties Limited.Royal Hiranandani Pte Ltd agreed to acquire 7 shop units in Ming Arcade from Hotel Properties Limited on December 20, 2022. The disposal of the Sale Assets is expected to result in a gain of approximately SGD 61 million for the Group.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Lawrence Wong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 14First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up S$22.3m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Upcoming Dividend • May 03Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 20 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Singaporean dividend payers (5.8%). Lower than average of industry peers (1.4%).お知らせ • May 02Hotel Properties Limited Announces Executive ChangesThe Board of Directors of Hotel Properties Limited announce the appointment of Ms. Heng Michelle Fiona as Company Secretary in place of Ms. Lo Swee Oi who has resigned with effect from 29 April 2022.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Lawrence Wong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 08Full year 2021 earnings released: S$0.042 loss per share (vs S$0.37 loss in FY 2020)Full year 2021 results: S$0.042 loss per share (up from S$0.37 loss in FY 2020). Revenue: S$344.2m (up 33% from FY 2020). Net loss: S$21.7m (loss narrowed 89% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.お知らせ • Apr 06+ 1 more updateHotel Properties Limited, Annual General Meeting, Apr 28, 2022Hotel Properties Limited, Annual General Meeting, Apr 28, 2022, at 16:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended December 31, 2021 and the Auditors' Report thereon; to consider and declare a first and final one-tier tax exempt dividend of 4 cents per ordinary share for the year ended December 31, 2021; to consider and approve the proposed Directors' fees of SGD 518,000 for the year ended December 31, 2021 (2020: SGD 543,479); to consider and re-appoint Auditors for the ensuing year and to authorise the Directors to fix their remuneration; to consider and Mr. Arthur Tan Keng Hock be and is hereby re-elected as a Director of the Company in accordance with Article 80 of the Company's Constitution; to consider and Mr. Ong Beng Seng be and is hereby re-elected as a Director of the Company in accordance with Rule 720(5) of the Listing Manual of Singapore Exchange Securities Trading Limited; and to consider other matter also.Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: S$0.042 loss per share (up from S$0.37 loss in FY 2020). Revenue: S$344.2m (up 33% from FY 2020). Net loss: S$7.69m (loss narrowed 96% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.分析記事 • Nov 01Hotel Properties (SGX:H15) Is Making Moderate Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • May 11Hotel Properties Limited Approves First and Final One-Tier Tax-Exempt Dividend for the Year Ended 31 December 2020Hotel Properties Limited announced that at its AGM held on April 28, 2021, approve a First and Final One-Tier Tax-Exempt Dividend of 4 cents per ordinary share for the year ended 31 December 2020.Upcoming Dividend • Apr 29Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 18 May 2021. Trailing yield: 1.2%. Lower than top quartile of Singaporean dividend payers (4.6%). In line with average of industry peers (1.3%).分析記事 • Apr 12Does Hotel Properties (SGX:H15) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Apr 08Full year 2020 earnings released: S$0.37 loss per share (vs S$0.096 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$258.8m (down 54% from FY 2019). Net loss: S$191.5m (down 482% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.分析記事 • Mar 14Did Hotel Properties' (SGX:H15) Share Price Deserve to Gain 12%?On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...Reported Earnings • Feb 26Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$258.8m (down 54% from FY 2019). Net loss: S$177.5m (down 464% from profit in FY 2019).Is New 90 Day High Low • Feb 25New 90-day high: S$3.15The company is up 3.0% from its price of S$3.05 on 26 November 2020. The Singaporean market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is flat over the same period.お知らせ • Feb 20Hotel Properties Limited to Report Fiscal Year 2020 Results on Mar 01, 2021Hotel Properties Limited announced that they will report fiscal year 2020 results on Mar 01, 2021分析記事 • Feb 16Zooming in on SGX:H15's 2.6% Dividend YieldDividend paying stocks like Hotel Properties Limited ( SGX:H15 ) tend to be popular with investors, and for good reason...分析記事 • Jan 20How Much Of Hotel Properties Limited (SGX:H15) Do Insiders Own?If you want to know who really controls Hotel Properties Limited ( SGX:H15 ), then you'll have to look at the makeup of...Is New 90 Day High Low • Jan 15New 90-day high: S$3.09The company is up 8.0% from its price of S$2.85 on 15 October 2020. The Singaporean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 16% over the same period.分析記事 • Dec 25Does Hotel Properties (SGX:H15) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Dec 04Hotel Properties'(SGX:H15) Share Price Is Down 21% Over The Past Three Years.For many investors, the main point of stock picking is to generate higher returns than the overall market. But its...Is New 90 Day High Low • Nov 05New 90-day low: S$2.70The company is down 10.0% from its price of S$3.00 on 06 August 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 1.0% over the same period.お知らせ • Aug 07Hotel Properties Limited to Report First Half, 2020 Results on Aug 14, 2020Hotel Properties Limited announced that they will report first half, 2020 results on Aug 14, 2020株主還元H15SG HospitalitySG 市場7D0.4%1.3%0.7%1Y-15.8%-11.0%28.3%株主還元を見る業界別リターン: H15過去 1 年間で-11 % の収益を上げたSG Hospitality業界を下回りました。リターン対市場: H15は、過去 1 年間で28.3 % のリターンを上げたSG市場を下回りました。価格変動Is H15's price volatile compared to industry and market?H15 volatilityH15 Average Weekly Movement1.4%Hospitality Industry Average Movement3.6%Market Average Movement5.3%10% most volatile stocks in SG Market12.0%10% least volatile stocks in SG Market2.4%安定した株価: H15 、 SG市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: H15の 週次ボラティリティ ( 1% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1980n/an/awww.hotelprop.com.sg投資持株会社であるホテル・プロパティーズ・リミテッドは、シンガポール内外でホテルの所有、管理、運営を行っている。ホテル事業、不動産事業、その他事業を展開。ホテル・プロパティーズ・リミテッドは、住宅および商業施設の賃貸・販売、不動産開発・プロジェクト管理活動、上場投資および株式売買、カードサービス業務、管理・情報サービスの提供などを行っている。また、フォーシーズンズ・ホテルズ＆リゾーツ、コモ・ホテルズ＆リゾーツ、インターコンチネンタル・ホテルズ・グループ、シックスセンシズ・ホテルズ＆リゾーツ、マリオット・インターナショナル、ハードロック・ホテルズ、コンコルド・ホテルズ＆リゾーツの各ブランドのホテルや、主にシンガポール、マレーシア、タイ、インドネシア、モルディブ、セイシェル、バヌアツ、米国、ブータン、タンザニア、南アフリカ、ベトナム、英国、イタリア、スリランカでショッピングギャラリーを所有・運営している。同社は1980年に設立され、シンガポールを拠点としている。もっと見るHotel Properties Limited 基礎のまとめHotel Properties の収益と売上を時価総額と比較するとどうか。H15 基礎統計学時価総額S$2.44b収益（TTM）-S$55.01m売上高(TTM)S$742.69m3.3xP/Sレシオ-44.4xPER（株価収益率H15 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計H15 損益計算書（TTM）収益S$742.69m売上原価S$589.19m売上総利益S$153.50mその他の費用S$208.52m収益-S$55.01m直近の収益報告Dec 31, 2025次回決算日Aug 14, 2026一株当たり利益（EPS）-0.10グロス・マージン20.67%純利益率-7.41%有利子負債／自己資本比率81.3%H15 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.9%現在の配当利回り-38%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/31 14:07終値2026/07/31 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hotel Properties Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Huijun PangDBS Bank LtdWilson LiewMaybank Research Pte. Ltd.
お知らせ • 7hHotel Properties Limited Provides Group Earnings Guidance for Half Year Ended 30 June 2026Hotel Properties Limited provided group earnings guidance for half year ended 30 June 2026. For the period, the Group is expected to report a net loss for first half of 2026, primarily due to the adverse impact of the ongoing conflict in the Middle East on the operating performance of its hotels and resorts. Borrowing costs also remained elevated, mainly as a result of additional borrowings undertaken to fund new acquisitions.
お知らせ • 19hHotel Properties Limited to Report First Half, 2026 Results on Aug 14, 2026Hotel Properties Limited announced that they will report first half, 2026 results on Aug 14, 2026
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Nick Loup was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • May 01Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 22 May 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Singaporean dividend payers (5.0%). Lower than average of industry peers (4.1%).
Reported Earnings • Apr 19Full year 2025 earnings released: S$0.10 loss per share (vs S$0.039 profit in FY 2024)Full year 2025 results: S$0.10 loss per share (down from S$0.039 profit in FY 2024). Revenue: S$742.7m (up 7.2% from FY 2024). Net loss: S$55.0m (down 373% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Declared Dividend • Apr 17Dividend of S$0.04 announcedDividend of S$0.04 is the same as last year. Ex-date: 8th May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.9%.
お知らせ • 7hHotel Properties Limited Provides Group Earnings Guidance for Half Year Ended 30 June 2026Hotel Properties Limited provided group earnings guidance for half year ended 30 June 2026. For the period, the Group is expected to report a net loss for first half of 2026, primarily due to the adverse impact of the ongoing conflict in the Middle East on the operating performance of its hotels and resorts. Borrowing costs also remained elevated, mainly as a result of additional borrowings undertaken to fund new acquisitions.
お知らせ • 19hHotel Properties Limited to Report First Half, 2026 Results on Aug 14, 2026Hotel Properties Limited announced that they will report first half, 2026 results on Aug 14, 2026
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Nick Loup was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • May 01Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 22 May 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Singaporean dividend payers (5.0%). Lower than average of industry peers (4.1%).
Reported Earnings • Apr 19Full year 2025 earnings released: S$0.10 loss per share (vs S$0.039 profit in FY 2024)Full year 2025 results: S$0.10 loss per share (down from S$0.039 profit in FY 2024). Revenue: S$742.7m (up 7.2% from FY 2024). Net loss: S$55.0m (down 373% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Declared Dividend • Apr 17Dividend of S$0.04 announcedDividend of S$0.04 is the same as last year. Ex-date: 8th May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.9%.
お知らせ • Apr 15Hotel Properties Limited, Annual General Meeting, Apr 30, 2026Hotel Properties Limited, Annual General Meeting, Apr 30, 2026, at 16:00 Singapore Standard Time. Location: crescent ballroom, level 2 four seasons hotel singapore, 190 orchard boulevard, singapore 248646, Singapore
Reported Earnings • Mar 02Third quarter 2025 earnings released: S$0.89 loss per share (vs S$0.027 profit in 3Q 2024)Third quarter 2025 results: S$0.89 loss per share (down from S$0.027 profit in 3Q 2024). Revenue: S$182.1m (up 5.4% from 3Q 2024). Net loss: S$28.8m (down 302% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 13+ 1 more updateHotel Properties Limited to Report Fiscal Year 2025 Results on Feb 27, 2026Hotel Properties Limited announced that they will report fiscal year 2025 results on Feb 27, 2026
分析記事 • Jan 28Hotel Properties Limited's (SGX:H15) Popularity With Investors Is Under Threat From OverpricingWhen you see that almost half of the companies in the Hospitality industry in Singapore have price-to-sales ratios (or...
分析記事 • Jan 08Hotel Properties' (SGX:H15) Returns On Capital Are Heading HigherIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Aug 18Returns On Capital Are Showing Encouraging Signs At Hotel Properties (SGX:H15)SGX:H15 1 Year Share Price vs Fair Value Explore Hotel Properties's Fair Values from the Community and select yours...
Reported Earnings • Aug 16First half 2025 earnings released: EPS: S$0.013 (vs S$0.016 loss in 1H 2024)First half 2025 results: EPS: S$0.013 (up from S$0.016 loss in 1H 2024). Revenue: S$378.4m (up 9.0% from 1H 2024). Net income: S$11.4m (up S$16.4m from 1H 2024). Profit margin: 3.0% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 25Getting In Cheap On Hotel Properties Limited (SGX:H15) Is UnlikelyHotel Properties Limited's ( SGX:H15 ) price-to-sales (or "P/S") ratio of 4x may look like a poor investment...
分析記事 • Jun 02Here's Why Hotel Properties (SGX:H15) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • May 14Here's What's Concerning About Hotel Properties' (SGX:H15) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Upcoming Dividend • Apr 30Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 23 May 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.1%. Lower than top quartile of Singaporean dividend payers (6.0%). Lower than average of industry peers (4.0%).
Declared Dividend • Apr 16Dividend of S$0.04 announcedShareholders will receive a dividend of S$0.04. Ex-date: 7th May 2025 Payment date: 23rd May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.9%.
お知らせ • Apr 14+ 3 more updatesHotel Properties Limited, Annual General Meeting, Apr 29, 2025Hotel Properties Limited, Annual General Meeting, Apr 29, 2025, at 16:00 Singapore Standard Time. Location: crescent ballroom, level 2 four seasons, hotel singapore, 190 orchard boulevard, singapore 248646, Singapore
Reported Earnings • Mar 01Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: S$0.039 (down from S$1.06 in FY 2023). Revenue: S$692.9m (up 7.9% from FY 2023). Net income: S$27.2m (down 95% from FY 2023). Profit margin: 3.9% (down from 86% in FY 2023). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates by 80%. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 100% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings are forecast to decline by an average of 100% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Recent Insider Transactions Derivative • Jan 09Executive Director exercised options to buy S$2.7m worth of stock.On the 6th of January, Buong Lik Lau exercised options to buy 750k shares at a strike price of around S$3.24, costing a total of S$2.4m. This transaction amounted to 73% of their direct individual holding at the time of the trade. Since March 2024, Buong Lik has owned 1.03m shares directly. Company insiders have collectively bought S$5.3m more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Aug 17First half 2024 earnings released: S$0.016 loss per share (vs S$0.04 loss in 1H 2023)First half 2024 results: S$0.016 loss per share (improved from S$0.04 loss in 1H 2023). Revenue: S$347.3m (up 8.9% from 1H 2023). Net loss: S$4.93m (loss narrowed 71% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • May 23Hotel Properties Limited Announces Board and Committee ChangesThe Board of Directors of Hotel Properties Limited announced the appointment of Mr. Rahul Goswamy as non-executive independent director of the Company with effect from 21 May 2024. AUDIT COMMITTEE; Rahul Goswamy; Chairman, Independent Director, Arthur Tan Keng Hock; Non-Executive Director, Wong Liang Ying; Independent Director. REMUNERATION COMMITTEE; Nicholas James Loup; Chairman, Independent Director, Ong Beng Seng; Executive Director, Rahul Goswamy; Independent Director. NOMINATING COMMITTEE; Wong Liang Ying; Chairman, Independent Director,David Fu Kuo Chen; Non-Executive Director, Nicholas James Loup; Independent Director.
Recent Insider Transactions Derivative • May 09Group Executive Director exercised options to buy S$3.2m worth of stock.On the 6th of May, Tien Lock Lim exercised options to buy 900k shares at a strike price of around S$3.21, costing a total of S$2.9m. This was the only transaction from an insider over the last 12 months.
Upcoming Dividend • May 02Upcoming dividend of S$0.06 per shareEligible shareholders must have bought the stock before 08 May 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 3.8% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Singaporean dividend payers (6.2%). Lower than average of industry peers (3.4%).
分析記事 • May 01Hotel Properties (SGX:H15) Has Announced A Dividend Of SGD0.06The board of Hotel Properties Limited ( SGX:H15 ) has announced that it will pay a dividend of SGD0.06 per share on the...
お知らせ • May 01Hotel Properties Limited Announces Board ChangesThe Board of Directors Hotel Properties Limited announced the appointment of Mr. Wong Liang Ying as the new Independent Chairman of the Board, in place of Mr. Arthur Tan Keng Hock upon the conclusion of the Company's Annual General Meeting on 30 April 2024. Mr. Arthur Tan Keng Hock who has served as Independent Director for more than nine years, will cease to be independent upon the conclusion of the Company's Annual General Meeting on 30 April 2024 and he will be redesignated as Non-Independent Non-Executive Director of the Company.
お知らせ • Apr 30+ 2 more updatesHotel Properties Limited Approves First and Final One-Tier Tax-Exempt Dividend for the Year Ended 31 December 2023Hotel Properties Limited approved first and final one-tier tax-exempt dividend of 4 cents per ordinary share for the year ended 31 December 2023 at its Annual General Meeting held on 30 April 2024.
分析記事 • Apr 17Hotel Properties (SGX:H15) Is Due To Pay A Dividend Of SGD0.06Hotel Properties Limited ( SGX:H15 ) has announced that it will pay a dividend of SGD0.06 per share on the 24th of May...
Reported Earnings • Apr 17Full year 2023 earnings released: EPS: S$1.06 (vs S$0.057 in FY 2022)Full year 2023 results: EPS: S$1.06 (up from S$0.057 in FY 2022). Revenue: S$642.1m (up 22% from FY 2022). Net income: S$554.0m (up S$524.3m from FY 2022). Profit margin: 86% (up from 5.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 143% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 17Dividend of S$0.06 announcedShareholders will receive a dividend of S$0.06. Ex-date: 8th May 2024 Payment date: 24th May 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (4% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 16+ 2 more updatesHotel Properties Limited, Annual General Meeting, Apr 30, 2024Hotel Properties Limited, Annual General Meeting, Apr 30, 2024, at 16:00 Singapore Standard Time. Location: Crescent Ballroom, Level 2 Four Seasons Hotel Singapore, 190 Orchard Boulevard, Singapore 248646 Singapore Singapore Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended December 31, 2023 and the Auditors' Report thereon; to declare a first and final one-tier tax exempt dividend of 4 cents per ordinary share and a one-tier tax exempt special dividend of 2 cents per ordinary share for the year ended December 31, 2023; and to consider other matters.
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: S$1.06 (vs S$0.13 in FY 2022)Full year 2023 results: EPS: S$1.06 (up from S$0.13 in FY 2022). Revenue: S$642.1m (up 22% from FY 2022). Net income: S$561.0m (up S$495.1m from FY 2022). Profit margin: 87% (up from 13% in FY 2022). Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results.
New Risk • Oct 13New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
分析記事 • Sep 28Here's Why Hotel Properties (SGX:H15) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Aug 12First half 2023 earnings released: S$0.04 loss per share (vs S$0.01 loss in 1H 2022)First half 2023 results: S$0.04 loss per share (further deteriorated from S$0.01 loss in 1H 2022). Revenue: S$319.0m (up 28% from 1H 2022). Net loss: S$17.2m (down S$19.1m from profit in 1H 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 29+ 1 more updateHotel Properties Limited Provides Group Earnings Guidance for the First Half Ended 30 June 2023Hotel Properties Limited provided group earnings guidance for the first half ended 30 June 2023. For the half year, the Group is expected to report a net loss. Despite an improvement in the performance of the Group's hotels and resorts in general, higher interest cost and share of losses from the associates and jointly controlled entities is expected to result in a net loss for 1H 2023.
分析記事 • Jul 14Be Wary Of Hotel Properties (SGX:H15) And Its Returns On CapitalWhat underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of...
分析記事 • Jun 12Does Hotel Properties (SGX:H15) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • May 09Hotel Properties Limited Approves Appointment of Nicholas James Loup as Non-Executive Independent DirectorThe Board of Hotel Properties Limited approved the appointment of Mr. Nicholas James Loup as a Non-Executive Independent Director, a Member of the Audit Committee and a Member of the Nominating Committee of the Company with effect from May 8, 2023 after having considered the recommendation of the Nominating Committee and having reviewed the credentials and experience of Mr. Loup. Working Experience: 1) Chelsfield Asia (2016 to Present) Group Vice Chairman, CEO Asia 2) Dymon Asia Real Estate (2015-2016) CEO - Business sold to Chelsfield 3) Chelsfield Group Board (2015) Working with Chairman on Group Strategy 4) Grosvenor Asia Pacific, Hong Kong (1996-2015) Chief Executive, and involved with Audit and Remuneration Committees. However, Mr. Loup was a Director of Asia Standard International Group Ltd. (Hong Kong Stock Code Number 129) since August 20, 1999 and re-designated as Non-Executive Director on March 25, 2011. He resigned on July 9, 2012. The Company will be enrolling Mr. Loup in the relevant training courses offered by the Singapore Institute of Directors within one year from the date of his appointment.
Upcoming Dividend • May 03Upcoming dividend of S$0.05 per share at 1.1% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 23 May 2023. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of Singaporean dividend payers (6.4%). Lower than average of industry peers (3.1%).
Reported Earnings • Apr 07Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: S$0.13 (up from S$0.042 loss in FY 2021). Revenue: S$525.5m (up 53% from FY 2021). Net income: S$65.9m (up S$87.6m from FY 2021). Profit margin: 13% (up from net loss in FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 25Full year 2022 earnings released: EPS: S$0.13 (vs S$0.042 loss in FY 2021)Full year 2022 results: EPS: S$0.13 (up from S$0.042 loss in FY 2021). Revenue: S$525.5m (up 53% from FY 2021). Net income: S$76.4m (up S$98.1m from FY 2021). Profit margin: 14% (up from net loss in FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 02Hotel Properties Limited Announces Changes of Company SecretariesThe Board of Directors of Hotel Properties Limited (the "Company") announced the following: 1) the resignation of Ms Michelle Fiona Heng and Ms Lim Guek Hong as Company Secretaries of the Company with effect from 1 February 2023. 2) the appointment of Ms Joanna Lim Lan Sim as the Company Secretary of the Company with effect from 1 February 2023.
お知らせ • Dec 22Royal Hiranandani Pte Ltd agreed to acquire 7 shop units in Ming Arcade from Hotel Properties Limited.Royal Hiranandani Pte Ltd agreed to acquire 7 shop units in Ming Arcade from Hotel Properties Limited on December 20, 2022. The disposal of the Sale Assets is expected to result in a gain of approximately SGD 61 million for the Group.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Lawrence Wong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 14First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up S$22.3m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Upcoming Dividend • May 03Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 20 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Singaporean dividend payers (5.8%). Lower than average of industry peers (1.4%).
お知らせ • May 02Hotel Properties Limited Announces Executive ChangesThe Board of Directors of Hotel Properties Limited announce the appointment of Ms. Heng Michelle Fiona as Company Secretary in place of Ms. Lo Swee Oi who has resigned with effect from 29 April 2022.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Lawrence Wong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 08Full year 2021 earnings released: S$0.042 loss per share (vs S$0.37 loss in FY 2020)Full year 2021 results: S$0.042 loss per share (up from S$0.37 loss in FY 2020). Revenue: S$344.2m (up 33% from FY 2020). Net loss: S$21.7m (loss narrowed 89% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 06+ 1 more updateHotel Properties Limited, Annual General Meeting, Apr 28, 2022Hotel Properties Limited, Annual General Meeting, Apr 28, 2022, at 16:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended December 31, 2021 and the Auditors' Report thereon; to consider and declare a first and final one-tier tax exempt dividend of 4 cents per ordinary share for the year ended December 31, 2021; to consider and approve the proposed Directors' fees of SGD 518,000 for the year ended December 31, 2021 (2020: SGD 543,479); to consider and re-appoint Auditors for the ensuing year and to authorise the Directors to fix their remuneration; to consider and Mr. Arthur Tan Keng Hock be and is hereby re-elected as a Director of the Company in accordance with Article 80 of the Company's Constitution; to consider and Mr. Ong Beng Seng be and is hereby re-elected as a Director of the Company in accordance with Rule 720(5) of the Listing Manual of Singapore Exchange Securities Trading Limited; and to consider other matter also.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: S$0.042 loss per share (up from S$0.37 loss in FY 2020). Revenue: S$344.2m (up 33% from FY 2020). Net loss: S$7.69m (loss narrowed 96% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
分析記事 • Nov 01Hotel Properties (SGX:H15) Is Making Moderate Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • May 11Hotel Properties Limited Approves First and Final One-Tier Tax-Exempt Dividend for the Year Ended 31 December 2020Hotel Properties Limited announced that at its AGM held on April 28, 2021, approve a First and Final One-Tier Tax-Exempt Dividend of 4 cents per ordinary share for the year ended 31 December 2020.
Upcoming Dividend • Apr 29Upcoming dividend of S$0.04 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 18 May 2021. Trailing yield: 1.2%. Lower than top quartile of Singaporean dividend payers (4.6%). In line with average of industry peers (1.3%).
分析記事 • Apr 12Does Hotel Properties (SGX:H15) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Apr 08Full year 2020 earnings released: S$0.37 loss per share (vs S$0.096 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$258.8m (down 54% from FY 2019). Net loss: S$191.5m (down 482% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 14Did Hotel Properties' (SGX:H15) Share Price Deserve to Gain 12%?On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...
Reported Earnings • Feb 26Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$258.8m (down 54% from FY 2019). Net loss: S$177.5m (down 464% from profit in FY 2019).
Is New 90 Day High Low • Feb 25New 90-day high: S$3.15The company is up 3.0% from its price of S$3.05 on 26 November 2020. The Singaporean market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is flat over the same period.
お知らせ • Feb 20Hotel Properties Limited to Report Fiscal Year 2020 Results on Mar 01, 2021Hotel Properties Limited announced that they will report fiscal year 2020 results on Mar 01, 2021
分析記事 • Feb 16Zooming in on SGX:H15's 2.6% Dividend YieldDividend paying stocks like Hotel Properties Limited ( SGX:H15 ) tend to be popular with investors, and for good reason...
分析記事 • Jan 20How Much Of Hotel Properties Limited (SGX:H15) Do Insiders Own?If you want to know who really controls Hotel Properties Limited ( SGX:H15 ), then you'll have to look at the makeup of...
Is New 90 Day High Low • Jan 15New 90-day high: S$3.09The company is up 8.0% from its price of S$2.85 on 15 October 2020. The Singaporean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 16% over the same period.
分析記事 • Dec 25Does Hotel Properties (SGX:H15) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Dec 04Hotel Properties'(SGX:H15) Share Price Is Down 21% Over The Past Three Years.For many investors, the main point of stock picking is to generate higher returns than the overall market. But its...
Is New 90 Day High Low • Nov 05New 90-day low: S$2.70The company is down 10.0% from its price of S$3.00 on 06 August 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 1.0% over the same period.
お知らせ • Aug 07Hotel Properties Limited to Report First Half, 2020 Results on Aug 14, 2020Hotel Properties Limited announced that they will report first half, 2020 results on Aug 14, 2020
