808 Stock Overview
Prosperity REIT [SEHK: 808] is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Prosperity Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.21 |
| 52 Week High | HK$1.48 |
| 52 Week Low | HK$1.10 |
| Beta | 0.72 |
| 1 Month Change | 0% |
| 3 Month Change | -9.02% |
| 1 Year Change | -9.70% |
| 3 Year Change | -60.33% |
| 5 Year Change | -60.84% |
| Change since IPO | -53.46% |
Recent News & Updates
Shareholder Returns
| 808 | HK Office REITs | HK Market | |
|---|---|---|---|
| 7D | -0.8% | -1.7% | -0.5% |
| 1Y | -9.7% | -4.2% | 19.9% |
Return vs Industry: 808 underperformed the Hong Kong Office REITs industry which returned -4.2% over the past year.
Return vs Market: 808 underperformed the Hong Kong Market which returned 19.9% over the past year.
Price Volatility
| 808 volatility | |
|---|---|
| 808 Average Weekly Movement | 4.1% |
| Office REITs Industry Average Movement | 2.7% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 808 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 808's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | n/a | Mavis Wong | www.prosperityreit.com |
Prosperity REIT [SEHK: 808] is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Prosperity REIT owns a diverse portfolio of seven high-quality properties in the decentralized business districts of Hong Kong, comprising all, or a portion of, three Grade A office buildings, one commercial building, two industrial/office buildings and one industrial building, with a total gross rentable area of about 1.28 million sq. ft..
Prosperity Real Estate Investment Trust Fundamentals Summary
| 808 fundamental statistics | |
|---|---|
| Market cap | HK$1.87b |
| Earnings (TTM) | -HK$75.59m |
| Revenue (TTM) | HK$434.87m |
4.3x
P/S Ratio-24.8x
P/E RatioIs 808 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 808 income statement (TTM) | |
|---|---|
| Revenue | HK$434.87m |
| Cost of Revenue | HK$138.56m |
| Gross Profit | HK$296.32m |
| Other Expenses | HK$371.91m |
| Earnings | -HK$75.59m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.049 |
| Gross Margin | 68.14% |
| Net Profit Margin | -17.38% |
| Debt/Equity Ratio | 35.2% |
How did 808 perform over the long term?
See historical performance and comparisonDividends
10.5%
Current Dividend Yield73%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Prosperity Real Estate Investment Trust is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alfred Lau | BOCI Research Ltd. |
| Jonas Kan | Daiwa Securities Co. Ltd. |
| Percy Leung | DBS Bank Ltd |