EC World Real Estate Investment Trust (BWCU) AI Stock Analysis

• Market Cap: S$226.75M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: -55.98%
• EPS Growth: 76.02%
• Country: SG
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): -0.04
• Shares Outstanding: 809,838,260
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: -0.02
• Price to Book (P/B): -2.06
• Price to Sales (P/S): 4.58
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: S$0.27 ▼(-3.93% Downside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is held down primarily by weakened financial performance—persistent net losses, sharply reduced cash generation, and a balance sheet that has deteriorated to negative equity with high debt. Technical signals do not show a clear uptrend, and valuation support is limited given the negative P/E and no provided dividend yield.

Positive Factors

Exposure to e-commerce and logistics assets

EC World REIT’s portfolio is concentrated in logistics and e-commerce real estate in China, a structural end-market driven by secular online retail and supply-chain expansion. That focus on specialized, income-producing assets supports durable tenant demand and long-term lease renewal potential.

Negative Factors

Negative equity and elevated leverage

Equity deterioration from positive in prior years to negative in 2025 materially weakens financial cushions. High leverage reduces ability to absorb operating setbacks, constrains refinancing options, and increases the risk that future cash shortfalls force asset sales or lender-driven restructurings.

EC World Real Estate Investment Trust Business Overview & Revenue Model

Company Description

Listed on 28 July 2016, EC World REIT is the first Chinese specialised logistics and e-commerce logistics REIT listed on Singapore Exchange Securities Trading Limited (SGX-ST). With its portfolio of eight quality properties located predominantly i...

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Listed on 28 July 2016, EC World REIT is the first Chinese specialised logistics and e-commerce logistics REIT listed on Singapore Exchange Securities Trading Limited (SGX-ST). With its portfolio of eight quality properties located predominantly i...

EC World Real Estate Investment Trust Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	49.46M	92.21M	107.77M	121.57M	125.22M
Gross Profit	37.50M	78.92M	95.54M	106.02M	106.31M
EBITDA	-109.89M	69.44M	90.29M	64.34M	74.26M
Net Income	-130.06M	-64.86M	-449.27M	10.11M	24.48M
Balance Sheet
Total Assets	670.54M	887.08M	1.01B	1.67B	1.90B
Cash, Cash Equivalents and Short-Term Investments	6.76M	4.51M	100.96M	113.83M	169.25M
Total Debt	473.68M	480.38M	559.08M	593.14M	721.49M
Total Liabilities	780.07M	855.02M	910.42M	1.06B	1.14B
Stockholders Equity	-110.10M	32.06M	94.86M	606.99M	751.75M
Cash Flow
Free Cash Flow	0.00	4.78M	38.95M	93.56M	70.21M
Operating Cash Flow	2.49M	4.78M	38.95M	93.56M	70.21M
Investing Cash Flow	-73.00K	-1.64M	25.84M	53.62M	-375.00K
Financing Cash Flow	-2.08M	-6.06M	-63.79M	-163.14M	-85.98M

EC World Real Estate Investment Trust Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DHLU	60 Neutral	S$346.87M	11.08	7.30%	8.04%	-5.80%	-27.16%
OXMU	56 Neutral	$252.99M	12.97	2.75%	2.40%	-12.01%	―
CMOU	51 Neutral	$189.05M	―	-2.16%	―	-1.55%	78.22%
UD1U	43 Neutral	S$316.04M	-4.18	1.74%	8.37%	-11.29%	―
BTOU	43 Neutral	$103.04M	-2.04	-59.66%	―	-27.66%	-106.71%
BWCU	42 Neutral	S$226.75M	-1.74	―	―	-55.98%	76.02%

EC World Real Estate Investment Trust Corporate Events