Heiwa Real Estate REIT, Inc.

TSE:8966 Stock Report

Market Cap: JP¥151.6b

Heiwa Real Estate REIT Past Earnings Performance

Past criteria checks 3/6

Heiwa Real Estate REIT has been growing earnings at an average annual rate of 9.1%, while the REITs industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 7.2% per year. Heiwa Real Estate REIT's return on equity is 6.4%, and it has net margins of 45.2%.

Key information

9.1%

Earnings growth rate

5.6%

EPS growth rate

REITs Industry Growth5.9%
Revenue growth rate7.2%
Return on equity6.4%
Net Margin45.2%
Last Earnings Update30 Nov 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

TSE:8966 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Nov 2417,7818,0371250
31 Aug 2417,5877,9851250
31 May 2417,3927,9331230
29 Feb 2417,0507,7441240
30 Nov 2316,7077,5541240
31 Aug 2316,2967,3391230
31 May 2315,8867,1241210
28 Feb 2315,5236,9421200
30 Nov 2215,1596,7591190
31 Aug 2214,6796,4621190
31 May 2214,1996,1651190
28 Feb 2213,9036,0271180
30 Nov 2113,6075,8871140
31 Aug 2113,7056,0401210
31 May 2113,8036,1921260
28 Feb 2113,7326,1281390
30 Nov 2013,6606,0641520
31 Aug 2013,2885,6791470
31 May 2012,9175,2951410
29 Feb 2012,8145,1901290
30 Nov 1912,6565,0121340
31 Aug 1912,6545,0751170
31 May 1912,5975,0651260
28 Feb 1913,8096,1841190
30 Nov 1812,4304,9741420
31 Aug 1814,8527,0111210
31 May 1814,6856,7201390
28 Feb 1813,1985,3161220
30 Nov 1711,7623,8081560
31 Aug 1711,6183,5021220
31 May 1711,5253,0921390
28 Feb 1711,4282,9861220
30 Nov 1611,3962,1701540
31 Aug 1611,4433,3921230
31 May 1611,5553,9041410
30 Nov 1511,8464,2181580
31 May 1510,8302,2221540
30 Nov 1410,1043,0021500
31 May 1410,1182,8881560

Quality Earnings: 8966 has high quality earnings.

Growing Profit Margin: 8966's current net profit margins (45.2%) are lower than last year (45.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8966's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: 8966's earnings growth over the past year (6.4%) is below its 5-year average (9.1% per year).

Earnings vs Industry: 8966 earnings growth over the past year (6.4%) exceeded the REITs industry 3.1%.

Return on Equity

High ROE: 8966's Return on Equity (6.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 04:18
End of Day Share Price 2025/02/06 00:00
Earnings2024/11/30
Annual Earnings2024/05/31

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.

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 Github.

Analyst Sources

Heiwa Real Estate REIT, Inc. is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Noritaka HoboDaiwa Securities Co. Ltd.
Yosuke OhataMizuho Securities Co., Ltd.
Kohei OmuraNomura Securities Co. Ltd.