Projected Income Statement: Prosperity Real Estate Investment Trust

Forecast Balance Sheet: Prosperity Real Estate Investment Trust

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - 2,383 -2,437 -2,437
Change - - - - - -202.27% 0%
Announcement Date 3/10/22 3/9/23 3/15/24 3/21/25 3/24/26 - -
1HKD in Million
Estimates

Cash Flow Forecast: Prosperity Real Estate Investment Trust

Fiscal Period: December 2021 2023 2024 2026 2027
CAPEX 1 6.518 22.95 21.86 10 10
Change - - -4.76% - 0%
Free Cash Flow (FCF) 1 - - - - -
Change - - - - -
Announcement Date 3/10/22 3/15/24 3/21/25 - -
1HKD in Million
Estimates

Forecast Financial Ratios: Prosperity Real Estate Investment Trust

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027

Profitability

       
EBITDA Margin (%) - 86.9% 87.37% 63.01% - - -
EBIT Margin (%) 66.13% - - - - - -
EBT Margin (%) 22.09% 27.91% 4.91% -9.9% -55.04% 39.39% 39.45%
Net margin (%) 12.81% 17.26% -1.3% -17.55% -61.58% 32.03% 32.09%
FCF margin (%) - - - - - - -
FCF / Net Income (%) - - - - - - -

Profitability

       
ROA 1.6% 0.74% 1.16% 1.06% -2.66% 1.4% 1%
ROE 2.23% 1.04% 1.65% 1.52% -3.88% 2.1% 2.1%

Financial Health

       
Leverage (Debt/EBITDA) - - - - - - -
Debt / Free cash flow - - - - - - -

Capital Intensity

       
CAPEX / Current Assets (%) 1.46% - 5.25% 5.14% - 2.49% 2.48%
CAPEX / EBITDA (%) - - 6.01% 8.15% - - -
CAPEX / FCF (%) - - - - - - -

Items per share

       
Cash flow per share 1 - - - - - - -
Change - - - - - - -
Dividend per Share 1 0.1763 0.1625 0.1409 0.1198 0.1156 0.11 0.11
Change - -7.83% -13.29% -14.98% -3.51% -4.84% 0%
Book Value Per Share 1 4.83 4.71 4.56 4.31 3.97 3.82 3.74
Change - -2.48% -3.18% -5.48% -7.89% -3.78% -2.09%
EPS 1 0.04 - - - - - -
Change - - - - - - -
Nbr of stocks (in thousands) 1,506,512 1,508,461 1,510,529 1,547,604 1,581,554 1,595,536 1,595,536
Announcement Date 3/10/22 3/9/23 3/15/24 3/21/25 3/24/26 - -
1HKD
Estimates
2026 *2027 *
P/E - -
PBR 0.39x 0.4x
EV / Sales -0.19x -0.19x
Yield 7.43% 7.43%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
1.480HKD
Average target price
1.700HKD
Spread / Average Target
+14.86%

Net sales - Rate of surprise

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  4. Financials Prosperity Real Estate Investment Trust