tiprankstipranks
Trending News
More News >
Sunlight Real Estate Investment Trust (SHTRF)
:SHTRF

Sunlight Real Estate Investment (SHTRF) AI Stock Analysis

Compare
4 Followers

Top Page

Positive Factors
Dividend Yield
Offers attractive dividend yield of more than 9.5%, maintaining a BUY recommendation.
Market Sentiment
Stronger traffic from same-day travellers is expected to boost sentiment towards the counter.
Valuation
The stock's valuation is seen as attractive, with REIT Connect potentially driving the unit price higher.
Negative Factors
Office Leasing
Heightened global macro uncertainties would dampen office leasing demand.
Rental Earnings
Negative rental reversion has impacted office rental earnings.
Retail Market Risks
Any derailment of retail market recovery would impact leasing demand for retail space, posing a risk to the REIT.

Sunlight Real Estate Investment (SHTRF) vs. SPDR S&P 500 ETF (SPY)

Sunlight Real Estate Investment Business Overview & Revenue Model

Company DescriptionSunlight REIT (Stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission and constituted by the trust deed dated 26 May 2006 (as amended and supplemented by six supplemental deeds) (the "Trust Deed"), and has been listed on The Stock Exchange of Hong Kong Limited on 21 December 2006. Sunlight REIT offers investors the opportunity to invest in a diversified portfolio of 11 office and five retail properties in Hong Kong with a total gross rentable area of over 1.2 million sq. ft.. The office properties are primarily located in core business areas, including Wan Chai and Sheung Wan, as well as in decentralized business areas such as Mong Kok and North Point. The key retail properties are situated in regional transportation hubs and new towns including Sheung Shui, Tseung Kwan O and Yuen Long.
How the Company Makes Money

Sunlight Real Estate Investment Financial Statement Overview

Summary
Sunlight Real Estate Investment exhibits a stable financial position with strong profitability margins and a conservative balance sheet. The company has shown resilience in revenue growth and profitability recovery, yet faces challenges in cash flow management.
Income Statement
65
Positive
Sunlight Real Estate Investment has shown stable revenue growth with a 5.42% increase from the previous year. The gross profit margin remains strong at 78.55%, and the net profit margin has improved significantly from a negative value to 18.67% in 2024. However, the EBIT and EBITDA margins are slightly lower compared to previous years, indicating increased operational costs.
Balance Sheet
70
Positive
The company's balance sheet is stable, with a debt-to-equity ratio of 0.36, indicating conservative leverage. The equity ratio is strong at 70.81%, suggesting a solid financial foundation. However, there is a slight decline in stockholders' equity over time, which may need to be monitored.
Cash Flow
60
Neutral
Operating cash flow has decreased, yet remains positive, reflecting the company's ability to generate cash from operations. Free cash flow growth is negative, indicating challenges in maintaining cash reserves. The operating cash flow to net income ratio is positive, suggesting efficient cash conversion from earnings.
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
852.88M809.00M811.13M808.06M865.35M
Gross Profit
669.95M649.53M650.07M648.40M695.47M
EBIT
562.54M544.21M543.96M539.92M584.54M
EBITDA
563.25M517.39M543.98M-71.42M-563.58M
Net Income Common Stockholders
159.24M-28.43M102.94M-233.68M-751.39M
Balance SheetCash, Cash Equivalents and Short-Term Investments
445.49M485.24M630.99M623.30M499.43M
Total Assets
19.06B19.22B18.96B19.20B19.67B
Total Debt
4.83B4.87B4.29B4.40B4.24B
Net Debt
4.82B4.86B4.23B4.36B4.19B
Total Liabilities
5.56B5.55B4.91B5.08B4.90B
Stockholders Equity
13.50B13.67B14.05B14.12B14.77B
Cash FlowFree Cash Flow
317.79M404.01M409.26M452.12M386.31M
Operating Cash Flow
317.79M404.06M409.27M452.21M439.03M
Investing Cash Flow
14.03M-684.37M100.25M-318.22M32.45M
Financing Cash Flow
-350.26M206.03M-416.65M-274.55M-456.01M

Sunlight Real Estate Investment Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$469.62M31.671.17%6.09%
61
Neutral
$2.83B10.980.41%8438.90%5.81%-21.06%
$269.46M-1.09%8.95%
-0.78%
$491.32M-2.11%6.80%
DE8ET
€264.33M28.49-7.37%11.27%
55
Neutral
¥3.16B-3.39%0.84%-3.16%-28.30%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SHTRF
Sunlight Real Estate Investment
0.38
0.02
5.56%
PREUF
Prosperity Real Estate Investment
0.17
-0.03
-15.00%
SGRRF
Spring Real Estate Investment
YUXXF
Yuexiu Real Estate Investment
0.13
-0.06
-31.58%
DE:8ET
SF Real Estate Investment Trust
0.29
<0.01
3.57%
HK:87001
Hui Xian Real Estate Investment Trust
0.48
-0.20
-29.41%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.