Champion Real Estate Investment Trust (2778.HK) stock price, financials & research

Regular session · HKT · Market data may be delayed.

Company profile

Champion Real Estate Investment Trust operates as an investment vehicle specifically established to acquire and manage income-generating office and retail real estate. Its investment strategy prioritizes Grade-A commercial properties located in prime geographical areas. Currently, it provides investors with direct access to an impressive 2.93 million square feet of premium office and retail space, primarily through its two landmark assets: Three Garden Road and Langham Place, positioned strategically on either side of Victoria Harbour.

Industry: REIT - Retail
Sector: Real Estate
Headquarters: HK
CEO: Shun Hau
Listed since: May 24, 2006
Employees: 0

Market position

Day range

Current HK$2.265

HK$2.26HK$2.285

52-week range

Current HK$2.265

HK$1.98HK$2.82

Open: HK$2.27
Previous close: HK$2.27
Volume: 169K; 0.09× average
Average volume: 1.79M; Average daily volume
Market cap: 13.94B HKD
Beta: 0.82; Market reference 1
50-day average: HK$2.2175; +2.14% above average
200-day average: HK$2.3661; -4.27% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value: 29.36B HKD
P/E (TTM): -12.51×
P/B (TTM): 0.35×
P/S (TTM): 6.34×
EV / EBITDA: 20.85×
Earnings yield: -20.94%
Free cash flow yield: 4.72%
Dividend yield: 5.58%

Profitability & efficiency

Gross margin: 62.76%
Operating margin: 61.37%
Net margin: -48.93%
Return on equity: -8.25%
Return on assets: -5.70%
Return on invested capital: 2.46%

Financial health

Debt / equity: 0.36×
Current ratio: 0.34×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

2.26B HKD-7.93%

Operating income

1.41B HKD-13.46%

Net income

−3.27B HKD-56.55%

Metric (HKD)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	2.26B HKD	2.46B HKD	2.51B HKD	2.65B HKD	2.85B HKD
Cost of goods sold	808.82M HKD	639.04M HKD	841.07M HKD	862.36M HKD	859.1M HKD
Gross profit	1.46B HKD	1.82B HKD	1.67B HKD	1.79B HKD	1.99B HKD
Selling, general, and administrative	46.46M HKD	221.28M HKD	46.73M HKD	47.62M HKD	41.79M HKD
Operating expenses	46.46M HKD	239.18M HKD	46.73M HKD	73.98M HKD	79.14M HKD
Interest income	26.34M HKD	46.99M HKD	47.03M HKD	22.45M HKD	80.05M HKD
Interest expense	581.82M HKD	668.98M HKD	619.42M HKD	447.52M HKD	431.34M HKD
Depreciation and amortization	—	—	120.69M HKD	42.51M HKD	—
Operating income	1.41B HKD	1.63B HKD	1.62B HKD	1.72B HKD	1.91B HKD
Net income	−3.27B HKD	−2.09B HKD	220.62M HKD	−749.32M HKD	−831.36M HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate: 33%; 2 beats, 4 misses, 0 met estimates
Average EPS surprise: +23.55%; 6 comparable reports
Latest EPS result: 0.09

EPS: actual versus estimate

Recent quarterly results

ActualEstimate

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.1314

2025 complete year-46.8% since 2021

2026 partial: HK$0.0562

HK$0.2468

2,021

HK$0.2143

2,022

HK$0.182

2,023

HK$0.1565

2,024

HK$0.1314

2,025

HK$0.0562

2,026*

* Partial calendar year in the available dividend history.

Corporate action history

Action	Ex-dividend date	Details	Record date	Payment date
Dividend	Mar 11, 2026	HK$0.0562Semi-Annual	Mar 12, 2026	May 28, 2026
Dividend	Sep 22, 2025	HK$0.0701Semi-Annual	Sep 23, 2025	Oct 8, 2025
Dividend	Mar 7, 2025	HK$0.0613Semi-Annual	Mar 10, 2025	May 29, 2025
Dividend	Sep 16, 2024	HK$0.0809Semi-Annual	Sep 17, 2024	Oct 8, 2024
Dividend	May 10, 2024	HK$0.0756Semi-Annual	May 13, 2024	May 24, 2024
Dividend	Sep 15, 2023	HK$0.0927Semi-Annual	Sep 18, 2023	Oct 6, 2023