Prosperity Real Estate Investment Trust (HK:0808)
:0808
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Prosperity Real Estate Investment
(0808)
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Rating:57Neutral
Price Target:
HK$1.50
▲(4.90% Upside)
Action:ReiteratedDate:04/25/26
The score is held back primarily by weakening financial performance—declining revenue and sustained net losses—despite resilient operating and free cash flow. Technicals are moderately supportive with the price above major moving averages, and valuation is mixed: an attractive dividend yield offsets the negative P/E tied to recent losses.
Positive Factors
Consistent cash generation
Consistent positive operating and free cash flow, including a notable rebound in 2025, gives the REIT durable internal funding for distributions, maintenance capex and debt servicing. Over a 2–6 month horizon this cash generation supports dividend continuity and liquidity resilience despite earnings volatility.
Negative Factors
Declining revenue trend
Ongoing revenue decline through 2025 suggests structural demand or portfolio-performance weaknesses. Persistent top-line contraction reduces operating scale, weakens rental leverage and limits margin recovery and reinvestment capacity absent asset repositioning or stronger leasing trends over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent cash generation
Consistent positive operating and free cash flow, including a notable rebound in 2025, gives the REIT durable internal funding for distributions, maintenance capex and debt servicing. Over a 2–6 month horizon this cash generation supports dividend continuity and liquidity resilience despite earnings volatility.
Read all positive factors
Prosperity Real Estate Investment (0808) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$2.26B
Dividend Yield8.01%
Average Volume (3M)2.11M
Price to Earnings (P/E)―
Beta (1Y)0.61
Revenue Growth-7.10%
EPS Growth-226.73%
CountryHK
Employees1
SectorReal Estate
Sector Strength53
IndustryREIT - Diversified
Share Statistics
EPS (TTM)-0.05
Shares Outstanding1,588,659,200
10 Day Avg. Volume1,083,135
30 Day Avg. Volume2,114,536
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)0.36
Price to Sales (P/S)5.41
P/FCF Ratio8.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$1.70Price Target Upside18.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)HK$404.70M
Prosperity Real Estate Investment Business Overview & Revenue Model
Company Description
Prosperity REIT [SEHK: 808] is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Prosperity REIT owns a diverse portfolio of seven high-quality pro...
Prosperity Real Estate Investment Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
63
Positive
Cash Flow
71
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 415.94M | 425.37M | 437.31M | 434.01M | 444.98M |
| Gross Profit | 263.25M | 275.16M | 299.31M | 280.04M | 276.57M |
| EBITDA | -115.09M | 370.38M | 278.36M | 377.17M | 23.89M |
| Net Income | -251.57M | -74.64M | -5.67M | 74.89M | 57.02M |
Balance Sheet | |||||
| Total Assets | 9.28B | 9.63B | 9.81B | 9.98B | 10.19B |
| Cash, Cash Equivalents and Short-Term Investments | 54.27M | 47.32M | 61.01M | 100.37M | 205.96M |
| Total Debt | 2.44B | 2.40B | 2.35B | 2.31B | 2.32B |
| Total Liabilities | 3.00B | 2.95B | 2.92B | 2.88B | 2.92B |
| Stockholders Equity | 6.29B | 6.68B | 6.89B | 7.10B | 7.26B |
Cash Flow | |||||
| Free Cash Flow | 255.44M | 247.65M | 283.91M | 222.63M | 260.51M |
| Operating Cash Flow | 269.96M | 269.51M | 306.86M | 243.14M | 267.03M |
| Investing Cash Flow | -14.49M | -21.57M | -21.75M | -20.50M | -6.52M |
| Financing Cash Flow | -248.52M | -261.63M | -324.47M | -328.23M | -406.34M |
Prosperity Real Estate Investment Technical Analysis
Positive
1.43
Price Trends
1.40
Positive
1.40
Positive
1.35
Positive
Market Momentum
0.01
Negative
57.22
Neutral
18.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0808, the sentiment is Positive. The current price of 1.43 is above the 20-day moving average (MA) of 1.40, above the 50-day MA of 1.40, and above the 200-day MA of 1.35, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.22 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0808.
Prosperity Real Estate Investment Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
58 Neutral | HK$4.04B | -9.94 | ― | 7.90% | ― | ― | |
57 Neutral | HK$2.26B | -6.72 | -2.04% | 8.01% | -7.10% | -226.73% | |
55 Neutral | HK$1.22B | -6.35 | -5.47% | ― | 0.64% | 15.92% | |
52 Neutral | HK$3.90B | -6.20 | -4.08% | 7.40% | -9.48% | -99.42% | |
49 Neutral | HK$2.34B | -3.10 | -0.27% | ― | -12.11% | -158.05% | |
44 Neutral | HK$1.27B | -13.08 | -3.21% | 8.62% | -19.40% | 46.62% |
* Real Estate Sector Average
HK:0808
Prosperity Real Estate Investment
1.43
0.35
32.65%
HK:1881
Regal Real Estate Investment
0.38
-0.02
-3.80%
HK:0435
Sunlight Real Estate Investment
2.34
0.55
30.87%
HK:0410
SOHO China
0.45
-0.09
-16.67%
HK:0405
Yuexiu Real Estate Investment
0.73
0.05
6.88%
HK:1503
China Merchants Commercial Real Estate Investment Trust
1.12
0.04
3.42%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.