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Fortune Real Estate Investment Trust logo

778 - Fortune Real Estate Investment Trust Share Price

HK$8.44 -0.0  -0.1%

Last Trade - 30/07/21

Sector
Financials
Size
Mid Cap
Market Cap £1.53bn
Enterprise Value £2.32bn
Revenue £170.0m
Position in Universe 690th / 6121
Bullish
Bearish
Unlock 778 Revenue
Momentum
Relative Strength (%)
1m +3.45%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -1.86%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1,882 1,975 1,935 1,940 1,960 1,844 -0.4%
-37.2 -49.8 +152.8 +85.9 -75.5
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, FortuneReal Estate Investment Trust revenues decreased 6% toHK$1.84B. Net loss totaled HK$3.19B vs. income of HK$1.48B.Revenues reflect a decrease in demand for the Company'sproducts and services due to unfavorable market conditions.Net loss reflects Net Operating Income (NOI), Totaldecrease of 7% to HK$1.38B.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

778 Revenue Unlock 778 Revenue

Net Income

778 Net Income Unlock 778 Revenue

Normalised EPS

778 Normalised EPS Unlock 778 Revenue

PE Ratio Range

778 PE Ratio Range Unlock 778 Revenue

Dividend Yield Range

778 Dividend Yield Range Unlock 778 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
778 EPS Forecasts Unlock 778 Revenue
Profile Summary

Fortune Real Estate Investment Trust (Fortune REIT) is a real estate investment trust. The principal activity of Fortune REIT is investment holding. The Company, through its subsidiaries owns and invests in a portfolio of retail shopping malls located in Hong Kong. It holds a portfolio of approximately 20 private housing estate retail properties in Hong Kong consisting of approximately three million square feet of retail space and 2,710 car parking spaces. Its retail properties include Fortune City One, Fortune Kingswood, Fortune Metropolis, Ma On Shan Plaza, Metro Town, Laguna Plaza, Waldorf Avenue, Caribbean Square, Jubilee Square, Belvedere Square, Smartland, Lido Avenue, Provident Square, Centre de Laguna and Hampton Loft. It house tenants from various trade sectors, such as supermarkets, food and beverage outlets, banks, real estate agencies and education providers. It is managed by ARA Asset Management (Fortune) Limited, which is a subsidiary of ARA Asset Management Limited.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated July 4, 2003
Public Since April 20, 2010
No. of Shareholders: n/a
No. of Employees: n/a
Sector Financials
Industry Residential & Commercial REITs
Index Hang Seng Composite , Hang Seng Composite LargeCap & MidCap , Hang Seng Composite MidCap , Hang Seng Composite Mid & SmallCap ,
Exchange Stock Exchange of Hong Kong Limited
Shares in Issue 1,966,220,930
Free Float (0.0%)
Eligible for
ISAs
SIPPs
778 Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
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Open - Close
Range (12m)
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Latest News for 778
Upcoming Events for 778
Frequently Asked Questions for Fortune Real Estate Investment Trust
What is the Fortune Real Estate Investment Trust share price?

As of 30/07/21, shares in Fortune Real Estate Investment Trust are trading at HK$8.44, giving the company a market capitalisation of £1.53bn. This share price information is delayed by 15 minutes.

How has the Fortune Real Estate Investment Trust share price performed this year?

Shares in Fortune Real Estate Investment Trust are currently trading at HK$8.44 and the price has moved by 24.67% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Fortune Real Estate Investment Trust price has moved by -5.92% over the past year.

What are the analyst and broker recommendations for Fortune Real Estate Investment Trust?

There are no analysts currently covering Fortune Real Estate Investment Trust.

When will Fortune Real Estate Investment Trust next release its financial results?

Fortune Real Estate Investment Trust is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Fortune Real Estate Investment Trust dividend yield?

The Fortune Real Estate Investment Trust dividend yield is 5.59% based on the trailing twelve month period.

Does Fortune Real Estate Investment Trust pay a dividend?

Last year, Fortune Real Estate Investment Trust paid a total dividend of 0.47, and it currently has a trailing dividend yield of 5.59%. Looking ahead, Fortune Real Estate Investment Trust has not announced an ex-dividend date yet.

When does Fortune Real Estate Investment Trust next pay dividends?

Fortune Real Estate Investment Trust has yet to annouce their ex-dividend date. The historic dividend yield on Fortune Real Estate Investment Trust shares is currently 5.59%.

How do I buy Fortune Real Estate Investment Trust shares?

To buy shares in Fortune Real Estate Investment Trust you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Fortune Real Estate Investment Trust?

Shares in Fortune Real Estate Investment Trust are currently trading at HK$8.44, giving the company a market capitalisation of £1.53bn.

Where are Fortune Real Estate Investment Trust shares listed? Where are Fortune Real Estate Investment Trust shares listed?

Here are the trading details for Fortune Real Estate Investment Trust:

Country of listing: Hong Kong
Exchange: HKG
Ticker Symbol: 778
What kind of share is Fortune Real Estate Investment Trust?

Based on an overall assessment of its quality, value and momentum, Fortune Real Estate Investment Trust is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Fortune Real Estate Investment Trust share price forecast 2021?

Shares in Fortune Real Estate Investment Trust are currently priced at HK$8.44. At that level they are trading at 25.98% discount to the analyst consensus target price of 0.00.

How can I tell whether the Fortune Real Estate Investment Trust share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Fortune Real Estate Investment Trust. Over the past six months, the relative strength of its shares against the market has been 17.63%. At the current price of HK$8.44, shares in Fortune Real Estate Investment Trust are trading at 12.16% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Fortune Real Estate Investment Trust PE Ratio?

We were not able to find PE ratio data for Fortune Real Estate Investment Trust.

Who are the key directors of Fortune Real Estate Investment Trust?

Fortune Real Estate Investment Trust's management team is headed by:

Kwok Hung Chiu - NED
Hwee Chiang Lim - NED
Eirene Yeung - NED
Yu Chiu - CEO
Yuen Chun Hung - OTH
Lai Chee Ma - NED
Kar Choo Yeoh - SEC
Sing Loi Chui - NEC
Who are the major shareholders of Fortune Real Estate Investment Trust?

Here are the top five shareholders of Fortune Real Estate Investment Trust based on the size of their shareholding:

Focus Eagle Investments Ltd. Corporation
Percentage owned: 21.01% (413.1m shares)
Ballston Profits Ltd. Corporation
Percentage owned: 5.72% (112.6m shares)
Schroder Investment Management Ltd. (SIM) Investment Advisor/Hedge Fund
Percentage owned: 2.54% (49.9m shares)
Schroder Investment Management (Hong Kong) Ltd. Investment Advisor/Hedge Fund
Percentage owned: 2.41% (47.4m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 2.35% (46.3m shares)
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