| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
2778 Stock Overview
Champion Real Estate Investment Trust is a trust formed to own and invest in income- producing office and retail properties.
Rewards
Risk Analysis
No risks detected for 2778 from our risk checks.
Champion Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$3.50 |
| 52 Week High | HK$4.70 |
| 52 Week Low | HK$3.29 |
| Beta | 0.59 |
| 1 Month Change | -0.85% |
| 3 Month Change | -12.06% |
| 1 Year Change | -21.35% |
| 3 Year Change | -48.53% |
| 5 Year Change | -30.56% |
| Change since IPO | -18.61% |
Recent News & Updates
Shareholder Returns
| 2778 | HK REITs | HK Market | |
|---|---|---|---|
| 7D | 1.7% | 0.9% | 0.05% |
| 1Y | -21.3% | -11.6% | -25.2% |
Return vs Industry: 2778 underperformed the Hong Kong REITs industry which returned -12% over the past year.
Return vs Market: 2778 exceeded the Hong Kong Market which returned -24.4% over the past year.
Price Volatility
| 2778 volatility | |
|---|---|
| 2778 Average Weekly Movement | 4.0% |
| REITs Industry Average Movement | 3.3% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in HK Market | 14.9% |
| 10% least volatile stocks in HK Market | 3.9% |
Stable Share Price: 2778 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2778's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | n/a | Christina Hau | https://www.championreit.com |
Champion Real Estate Investment Trust is a trust formed to own and invest in income- producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to 2.93 million sq.
Champion Real Estate Investment Trust Fundamentals Summary
| 2778 fundamental statistics | |
|---|---|
| Market Cap | HK$20.84b |
| Earnings (TTM) | -HK$831.36m |
| Revenue (TTM) | HK$2.79b |
7.5x
P/S Ratio-25.1x
P/E RatioIs 2778 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2778 income statement (TTM) | |
|---|---|
| Revenue | HK$2.79b |
| Cost of Revenue | HK$820.30m |
| Gross Profit | HK$1.97b |
| Other Expenses | HK$2.80b |
| Earnings | -HK$831.36m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.14 |
| Gross Margin | 70.61% |
| Net Profit Margin | -29.78% |
| Debt/Equity Ratio | 31.3% |
How did 2778 perform over the long term?
See historical performance and comparisonDividends
6.5%
Current Dividend Yield98%
Payout RatioValuation
Is Champion Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
41.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2778 (HK$3.5) is trading below our estimate of fair value (HK$5.96)
Significantly Below Fair Value: 2778 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2778 is unprofitable, so we can't compare its PE Ratio to the Hong Kong REITs industry average.
PE vs Market: 2778 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2778's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2778's PB Ratio (0.4x) is in line with the HK REITs industry average.
Future Growth
How is Champion Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
63.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2778 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: 2778 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 2778's is expected to become profitable in the next 3 years.
Revenue vs Market: 2778's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: 2778's revenue is forecast to decline over the next 3 years (-1.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2778's Return on Equity is forecast to be low in 3 years time (2.6%).
Past Performance
How has Champion Real Estate Investment Trust performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-53.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2778 is currently unprofitable.
Growing Profit Margin: 2778 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2778 is unprofitable, and losses have increased over the past 5 years at a rate of 53.4% per year.
Accelerating Growth: Unable to compare 2778's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2778 is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (11.5%).
Return on Equity
High ROE: 2778 has a negative Return on Equity (-1.7%), as it is currently unprofitable.
Financial Health
How is Champion Real Estate Investment Trust's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 2778's short term assets (HK$1.9B) do not cover its short term liabilities (HK$4.9B).
Long Term Liabilities: 2778's short term assets (HK$1.9B) do not cover its long term liabilities (HK$14.0B).
Debt to Equity History and Analysis
Debt Level: 2778's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 2778's debt to equity ratio has increased from 29.1% to 31.3% over the past 5 years.
Debt Coverage: 2778's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 2778's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
Dividend
What is Champion Real Estate Investment Trust current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
6.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2778's dividend (6.51%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.93%).
High Dividend: 2778's dividend (6.51%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.81%).
Stability and Growth of Payments
Stable Dividend: 2778's dividends per share have been stable in the past 10 years.
Growing Dividend: 2778's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (97.9%), 2778's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (90.8%), 2778's dividend payments are covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.0yrs
Average board tenure
CEO
Christina Hau (46 yo)
0.25
Tenure
Ms. Shun Hau, also known as Christina, is Chief Executive Officer, Chief Investment Officer and Executive Director of Eagle Asset Management (CP) Limited Manager of Champion Real Estate Investment Trust si...
Board Members
Experienced Board: 2778's board of directors are seasoned and experienced ( 13 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Champion Real Estate Investment Trust's employee growth, exchange listings and data sources
Key Information
- Name: Champion Real Estate Investment Trust
- Ticker: 2778
- Exchange: SEHK
- Founded: 2006
- Industry: Office REITs
- Sector: Real Estate
- Implied Market Cap: HK$20.843b
- Shares outstanding: 5.96b
- Website: https://www.championreit.com
Location
- Champion Real Estate Investment Trust
- Great Eagle Centre
- Suite 3008
- Wan Chai
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/16 00:00 |
| End of Day Share Price | 2022/05/16 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.