Fortune Real Estate Investment Trust (0778.HK) stock price, financials & research

Regular session · HKT · Market data may be delayed.

Company profile

Launched in 2003, Fortune REIT operates as a real estate investment trust, structured under a trust deed that may be updated periodically. It is recognized as the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. The trust's portfolio presently comprises 16 retail properties located within private housing estates across Hong Kong, collectively offering three million square feet of commercial space and 2,713 car parking spots. These properties include Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Belvedere Square, Laguna Plaza, Waldorf Avenue, Caribbean Square, Jubilee Square, Smartland, Tsing Yi Square, Centre de Laguna, Hampton Loft, Lido Avenue, and Rhine Avenue. They cater to a diverse range of tenants, such as supermarkets, dining establishments, financial institutions, property agencies, and educational providers.

Industry: REIT - Retail
Sector: Real Estate
Headquarters: HK
CEO: Yu Chiu
Listed since: Apr 20, 2010

Market position

Day range

Current HK$4.525

HK$4.525HK$4.57

52-week range

Current HK$4.525

HK$4.39HK$5.44

Open: HK$4.57
Previous close: HK$4.55
Volume: 841K; 0.29× average
Average volume: 2.85M; Average daily volume
Market cap: 9.35B HKD
Beta: 0.86; Market reference 1
50-day average: HK$4.6404; -2.49% below average
200-day average: HK$4.894; -7.54% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value: 19.82B HKD
EV / EBITDA: 18.41×
Earnings yield: -11.55%
Free cash flow yield: 7.02%

Profitability & efficiency

Return on equity: -4.60%
Return on assets: -3.15%
Return on invested capital: 2.91%

Financial health

Current ratio: 0.03×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

1.68B HKD-3.66%

Operating income

1.07B HKD-5.33%

Net income

−1.16B HKD-122.98%

Metric (HKD)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	1.68B HKD	1.75B HKD	1.79B HKD	1.76B HKD	1.81B HKD
Cost of goods sold	591.49M HKD	594.4M HKD	585.29M HKD	597.87M HKD	595.11M HKD
Gross profit	1.09B HKD	1.15B HKD	1.2B HKD	1.17B HKD	1.21B HKD
Selling, general, and administrative	21.05M HKD	21.8M HKD	27.6M HKD	27.14M HKD	36.59M HKD
Operating expenses	21.05M HKD	21.8M HKD	27.6M HKD	604K HKD	2.4M HKD
Interest income	—	−21.22M HKD	−20.22M HKD	32K HKD	55K HKD
Interest expense	—	541.13M HKD	510.84M HKD	221.5M HKD	107.21M HKD
Depreciation and amortization	6.48M HKD	7.05M HKD	8.26M HKD	5.91M HKD	14.1M HKD
Operating income	1.07B HKD	1.13B HKD	1.17B HKD	1.17B HKD	1.21B HKD
Net income	−1.16B HKD	−518.98M HKD	−154.92M HKD	502.64M HKD	1.32B HKD