Wharf Real Estate Investment Company Limited

SZSC:1997 Stock Report

Market Cap: HK$64.4b

Wharf Real Estate Investment Past Earnings Performance

Past criteria checks 1/6

Wharf Real Estate Investment's earnings have been declining at an average annual rate of -16.7%, while the Real Estate industry saw earnings declining at 1% annually. Revenues have been declining at an average rate of 5.1% per year. Wharf Real Estate Investment's return on equity is 0.9%, and it has net margins of 14.3%.

Key information

-16.7%

Earnings growth rate

-16.7%

EPS growth rate

Real Estate Industry Growth2.8%
Revenue growth rate-5.1%
Return on equity0.9%
Net Margin14.3%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Wharf Real Estate Investment makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSC:1997 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2413,3341,9094780
31 Mar 2413,3203,3384700
31 Dec 2313,3064,7664610
30 Sep 2313,014-4085900
30 Jun 2312,722-5,5837180
31 Mar 2312,591-7,2197890
31 Dec 2212,459-8,8568600
30 Sep 2213,614-4,4519640
30 Jun 2214,768-471,0670
31 Mar 2215,4062,1721,1890
31 Dec 2116,0434,3911,3110
30 Sep 2116,1341,9811,2820
30 Jun 2116,225-4301,2520
31 Mar 2115,870-4,1421,0650
31 Dec 2015,515-7,8548780
30 Sep 2014,918-7,6847210
30 Jun 2014,320-7,5155630
31 Mar 2015,182-1,7935910
31 Dec 1916,0433,9286180
30 Sep 1916,4349,3836330
30 Jun 1916,82514,8376480
31 Mar 1916,65316,4326180
31 Dec 1816,48118,0275870
30 Sep 1817,99720,2626510
30 Jun 1819,51222,4977150
31 Mar 1820,20819,8587740
31 Dec 1720,90417,2188320
30 Sep 1719,24913,7987820
30 Jun 1717,59310,3777320
31 Mar 1717,22210,1476720
31 Dec 1616,8519,9176120
31 Dec 1517,57613,7876710
31 Dec 1417,43735,1278120

Quality Earnings: 1997 has a large one-off loss of HK$4.9B impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: 1997 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1997's earnings have declined by 16.7% per year over the past 5 years.

Accelerating Growth: 1997 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1997 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-13.2%).


Return on Equity

High ROE: 1997's Return on Equity (0.9%) is considered low.


Return on Assets


Return on Capital Employed


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