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1997 logo

Wharf Real Estate Investment SHSC:1997 Stock Report

Last Price

HK$19.50

Market Cap

HK$59.2b

7D

-3.0%

1Y

-20.9%

Updated

20 Dec, 2024

Data

Company Financials +

Wharf Real Estate Investment Company Limited

SHSC:1997 Stock Report

Market Cap: HK$59.2b

1997 Stock Overview

An investment holding company, invests in, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. More details

1997 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Wharf Real Estate Investment Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wharf Real Estate Investment
Historical stock prices
Current Share PriceHK$19.50
52 Week HighHK$29.25
52 Week LowHK$18.00
Beta0.87
1 Month Change-8.24%
3 Month Change-17.02%
1 Year Change-20.89%
3 Year Change-51.19%
5 Year Change-57.47%
Change since IPO-60.73%

Recent News & Updates

Recent updates

Shareholder Returns

1997HK Real EstateHK Market
7D-3.0%-4.3%-0.5%
1Y-20.9%-10.3%19.9%

Return vs Industry: 1997 underperformed the Hong Kong Real Estate industry which returned -10.6% over the past year.

Return vs Market: 1997 underperformed the Hong Kong Market which returned 18.3% over the past year.

Price Volatility

Is 1997's price volatile compared to industry and market?
1997 volatility
1997 Average Weekly Movement5.2%
Real Estate Industry Average Movement9.8%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 1997 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1997's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18862,900Stephen Tinwww.wharfreic.com

Wharf Real Estate Investment Company Limited, an investment holding company, invests in, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. The company operates through four segments: Investment Properties, Development Properties, Hotel, and Investment segments. It primarily operates Harbour City, a commercial space comprising offices, retail shops, serviced apartments, hotels and clubs, and car parking spaces; and Times Square, a retail space that consists of office and car parking spaces.

Wharf Real Estate Investment Company Limited Fundamentals Summary

How do Wharf Real Estate Investment's earnings and revenue compare to its market cap?
1997 fundamental statistics
Market capHK$59.21b
Earnings (TTM)HK$1.91b
Revenue (TTM)HK$13.33b

31.0x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1997 income statement (TTM)
RevenueHK$13.33b
Cost of RevenueHK$2.66b
Gross ProfitHK$10.67b
Other ExpensesHK$8.76b
EarningsHK$1.91b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.63
Gross Margin80.03%
Net Profit Margin14.32%
Debt/Equity Ratio19.9%

How did 1997 perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

199%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 06:36
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wharf Real Estate Investment Company Limited is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karl ChoiBofA Global Research
Siu-Fung LungCCB International Securities Limited
Wei OngCFRA Equity Research