0405: Yuexiu Real Estate Investment Trust - Summary | Jitta

Yuexiu Real Estate Investment Trust

HKG:0405

Price
HK$2.41
Loss Chance
51.0%
3.81JITTA SCORE
45.32%Over Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (43)
Recent Business Performance (9)
Financial Strength (56)
Return to Shareholders (8)
Competitive Advantage (33)
Jitta Signs
CapExVery Low
Interest Coverage RatioGood
Cash Conversion CycleLess than 60 days
Revenue and EarningRevenue decline from 2018-2021
Debt LevelVery High Long Term Debt
Recent Business PerformanceEarning decline 234.90% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
3.81
45.32%
Diversified REITs
3.81
45.32%
4.76
230.23%
3.30
114.35%
COMPANY DESCRIPTION
Yuexiu Real Estate Investment Trust (“Yuexiu REIT”) was listed on the Hong Kong Stock Exchange of Hong Kong Limited on 21 December 2005 and is the first listed real estate investment trust only investing in properties in the People’s Republic of China (the “PRC”) in the world. Yuexiu REIT focuses on office, retail and other commercial purposes, strives for properties which can bring considerable cash flows and returns and identifies business opportunities for achieving higher revenue growth through the optimization of its operations. The current property portfolio comprises eight high quality properties, namely White Horse Building, Fortune Plaza, City Development Plaza, Victory Plaza, Guangzhou International Finance Center in Guangzhou, Yuexiu Tower in Shanghai, Wuhan Properties in Wuhan and Victory Business Centre in Hangzhou, with a total area of ownership of approximately 973,001 square metres. All properties are located in the central business district (“CBD”) of Guangzhou, Shanghai, Wuhan and Hangzhou respectively. The categories of the properties include professional clothing market, Grade-A offices, multiple functional commercial offices, retail business, hotel and serviced apartments etc. The Manager of Yuexiu REIT is Yuexiu REIT Asset Management Limited (“Manager”). Yuexiu REIT is managed by an experienced professional team with extensive experience in real estate management, asset management and the securities market and brings long-term and steady investment incomes to the Unitholders (“Unitholders”) of Yuexiu REIT through actively managing its assets and expanding its operations. While the real estate investment trust market is flourishing, the Manager is committed to becoming a professional asset management institution with a focus on the PRC commercial property market, continuing asset appreciation capability, commercial operation capability, capital operation capability and a leading position in the industry.