PREU.F 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

PREU.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 60.6% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Prosperity Real Estate Investment Trust Competitors

City Office REIT

NYSE:CIO

US$218.8m

Equity Commonwealth

NYSE:EQC

US$190.3m

Hudson Pacific Properties

NYSE:HPP

US$424.0m

KBS Real Estate Investment Trust III

OTCPK:KBSR

US$133.7m

Price History & Performance

Summary of share price highs, lows and changes for Prosperity Real Estate Investment Trust
Historical stock prices
Current Share Price	HK$0.16
52 Week High	HK$0.17
52 Week Low	HK$0.16
Beta	0.72
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-11.11%

Recent updates

Shareholder Returns

	PREU.F	US Office REITs	US Market
7D	0%	-6.6%	-2.7%
1Y	n/a	6.9%	23.4%

Return vs Industry: Insufficient data to determine how PREU.F performed against the US Office REITs industry.

Return vs Market: Insufficient data to determine how PREU.F performed against the US Market.

Price Volatility

Is PREU.F's price volatile compared to industry and market?
PREU.F volatility
PREU.F Average Weekly Movement	n/a
Office REITs Industry Average Movement	4.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.2%

Stable Share Price: PREU.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine PREU.F's volatility change 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

How do Prosperity Real Estate Investment Trust's earnings and revenue compare to its market cap?
PREU.F fundamental statistics
Market cap	US$240.83m
Earnings (TTM)	-US$9.72m
Revenue (TTM)	US$55.93m

4.3x

P/S Ratio

-24.8x

P/E Ratio

Is PREU.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PREU.F 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 PREU.F perform over the long term?

See historical performance and comparison

Dividends

10.5%

Current Dividend Yield

73%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 11:17
End of Day Share Price	2024/11/07 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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