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Wharf Real Estate Investment Company Limited

Wharf Real Estate Investment Company Limited

4WF · F · Real Estate / Real Estate Services

3.58EUR-0.04 (-1.10%)

Price History

Full chart

Market Stats

Previous Close3.62
Open3.58
Day Range3.58 – 3.58
52-Week Range2.17 – 3.54
Volume0
Market Cap10.02B
P/E (TTM)0.00
Forward P/E13.95
EPS-0.08
Dividend Yield5.21%
Beta0.84
50-Day Avg3.28
200-Day Avg2.80

About

Wharf Real Estate Investment Company Limited, an investment holding company, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. It operates through Investment Properties, Development Properties, Hotel, and Investment segments. The company's properties include Harbour City, a commercial space comprising offices, retail shops, serviced apartments, hotels and clubs, and car parking spaces; and Times Square, a retail space that consists of office and car parking spaces. It also owns and operates the Wheelock House and Crawford House commercial properties; The Murray hotel; Plaza Hollywood, a shopping mall with shops, restaurants, and a cinema multiplex; The Star Ferry, which operates two inner harbor ferry services; and Wheelock Place and Scotts Square malls. In addition, the company engages in the leasing and management of retail and office properties, and serviced apartments; property and equity investments; and provision of leasing, finance, treasury, public transport, and management services. The company was founded in 1886 and is headquartered in Kowloon, Hong Kong.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. Tin Hoi Ng
  • Employees2.80K
  • HeadquartersOcean Centre, Kowloon, Hong Kong, Germany
  • Websitehttps://www.wharfreic.com

Leadership

  • Mr. Tin Hoi NgChairman & MD · b. 1952
  • Mr. Yiu Cheung Tsui C.P.A., CGA, CGA-Canada, CGMA, FCCA, FCIS, FCMA, FExecutive Vice Chairman · b. 1947
  • Ms. Yen Thean Leng B.Sc., BSc (Hons), MHKIS, MRICS, RPSExecutive Director · b. 1971
  • Mr. Wai Chung Lee CPAExecutive Director · b. 1960
  • Mr. Chung Ying Hui C.P.A., FCCA, FCIS, FCS, HKICPACompany Secretary · b. 1957
  • Ms. Angela NgInvestor Relations Manager of Wharf Limited

Financials

Income Statement

Currency: HKD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue16.85B20.90B16.48B16.04B15.52B16.04B12.46B13.31B12.91B12.81B
Growth (%)-+24.05%-21.16%-2.66%-3.29%+3.40%-22.34%+6.80%-2.96%-0.75%
Cost of Revenue4.25B4.49B2.88B2.43B4.38B5.34B2.48B2.62B2.57B2.78B
Gross Profit12.60B16.41B13.60B13.61B11.14B10.71B9.98B10.68B10.34B10.03B
Gross Margin74.80%78.50%82.49%84.85%71.78%66.73%80.09%80.29%80.08%78.30%
Operating Expense780.00M968.00M872.00M901.00M1.16B1.64B1.14B691.00M649.00M685.00M
Operating Income11.82B15.44B12.72B12.71B9.97B9.06B8.84B9.99B9.69B9.35B
Operating Margin70.17%73.87%77.20%79.23%64.28%56.50%70.96%75.10%75.05%72.95%
EBITDA-23.24B21.26B7.18B-5.74B7.01B-6.15B8.29B4.31B-1.50B
EBITDA Margin-111.16%129.02%44.75%-37.02%43.67%-49.39%62.30%33.41%-11.67%
Net Income9.92B17.22B18.03B3.93B-7.85B4.39B-8.86B4.77B891.00M-4.26B
Net Income Margin58.85%82.37%109.38%24.48%-50.62%27.37%-71.08%35.82%6.90%-33.22%
Interest Expense00718.00M937.00M896.00M638.00M1.14B2.26B2.02B1.36B
Interest Expense % of Total Revenue0.00%0.00%4.36%5.84%5.78%3.98%9.17%16.99%15.68%10.62%

Balance Sheet

Currency: HKD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets265.46B272.68B280.36B284.34B277.91B272.27B255.25B245.32B238.07B229.69B
Total Liabilities61.33B59.71B56.02B62.93B68.50B61.39B60.37B49.72B46.09B43.63B
Total Equity198.91B207.32B218.80B216.16B204.55B206.11B190.36B191.41B187.82B181.71B
Cash5.21B3.05B2.67B2.89B2.26B1.80B1.34B1.12B1.31B2.03B
Net Debt-42.50B39.42B42.65B52.02B47.53B45.15B36.30B34.23B31.98B

Cash Flow

Currency: HKD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow11.37B9.65B9.50B12.02B4.82B7.97B6.69B5.87B6.34B6.77B
Investing Cash Flow6.25B-12.61B-213.00M-8.06B-8.13B199.00M----
Financing Cash Flow-477.00M-9.57B-3.68B2.59B-8.66B----
Capital Expenditure1.02B1.65B43.00M65.00M173.00M196.00M35.00M50.00M41.00M41.00M
Free Cash Flow-8.00B9.46B11.96B4.65B7.77B6.65B5.82B6.30B6.73B
Dividends Paid15.75B10.21B6.07B6.53B5.19B4.13B4.07B3.89B3.79B3.83B
FCF to OCF-82.92%99.55%99.46%96.41%97.54%99.48%99.15%99.35%99.39%
Dividend Paid to FCF-127.56%64.22%54.59%111.63%53.13%61.15%66.83%60.27%56.88%

Earnings

Report DateMar 10, 2027
EPS Estimate-
EPS Actual-
Surprise-
TimingAfter-hours

Key Statistics & Ratios

Market Cap10.02B
Enterprise Value13.75B
Trailing P/E0.00
Forward P/E13.95
PEG Ratio0.17
Price / Sales0.79
Price / Book0.54
EPS-0.08
Book Value6.71
Revenue (TTM)12.75B
Gross Profit (TTM)9.95B
EBITDA9.49B
Profit Margin-15.90%
Operating Margin72.62%
Return on Equity-1.12%
Return on Assets2.52%
Shares Outstanding3.04B
Shares Float1.60B
Beta0.84
Dividend Yield5.21%
Dividend Rate0.18
Payout Ratio431.03%

Dividends

20262×
0.10Aug 25, 20260.07Apr 2, 2026
20252×
0.07Aug 26, 20250.07Apr 3, 2025
20242×
0.07Aug 23, 20240.07Apr 5, 2024
20232×
0.07Aug 25, 20230.07Apr 4, 2023
20222×
0.08Aug 23, 20220.07Mar 31, 2022
20212×
0.07Aug 25, 20210.08Mar 24, 2021
20202×
0.09Aug 17, 20200.10Apr 3, 2020
20192×
0.12Aug 22, 20190.12Apr 2, 2019
20182×
0.12Aug 22, 20180.11Apr 6, 2018