Wharf Real Estate Investment Company Limited Share Price and Company Fundamentals



Price
$37.4
Change
0.100 (0.268%)
52 week
32.5 - 46.2

Last traded: Last Thursday at 8:08 AM

Wharf Real Estate Investment Company Limited, an investment holding company, invests in, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. The company operates through four segments: Investment Properties, Development Properties, Hotel, and Investment segments. It primarily operates 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. The company also operates Wheelock House and Crawford House commercial properties; The Murray, a luxury hotel that consists of 336 rooms; Plaza Hollywood, a shopping mall with retail outlets, restaurants, and a stadium housing six-screen cinema multiplex; The Star Ferry, which provides two inner harbour ferry services, including Tsim Sha Tsui and Wan Chai; and Wheelock Place and Scotts Square mall. In addition, it offers leasing, finance, and management services; and engages in property investment. The company was founded in 1886 and is headquartered in Kowloon, Hong Kong.

Key Metrics

PE ratio

26.07

PB ratio

0.56

Dividend yield

3.51%

Beta

1.17

Market cap

-

Enterprise value

-

Company profile

Industry / SectorReal Estate Services / Real Estate
Full time employees2900
Websitehttps://www.wharfreic.com
Mailing addressOcean Centre 16th Floor Harbour City Canton Road Kowloon Hong Kong
Phone / Fax852 2118 3118 / 852 2118 3208

Dividends

Dividend yield

3.51%

Dividend amount

$1.31

Payout ratio

93.79%

Wharf Real Estate Investment Company Limited paid $1.31 dividend and the ex-dividend date was 31 Mar 2022.The dividend payout ratio is 93.79%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.1997 dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.

1997's forward dividend amount is $1.28 and the forward dividend yield is 3.42%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Wharf Real Estate Investment Company Limited.

NameTitleAgeTotal Pay
Mr. Tin Hoi NgChairman & MD6920.3M
Mr. Yiu Cheung Tsui CGA-Canada, CGMA, CPA, FCCA, FCIS, FCMA, FCPAExec. Vice Chairman744.57M
Ms. Yen Thean Leng B.Sc., BSc (Hons), MHKIS, MRICS, RPSExec. Director5019.51M
Mr. Chung Ying Hui C.P.A., FCCA, FCIS, FCS, HKICPACompany Sec.641.6M
Ms. Angela NgInvestor Relations Mang. of Wharf Limited

Profitability and management effectiveness

Profit margin

27.37%

Operating margin

56.50%

Return on assets

2.06%

Return on equity

2.11%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Wharf Real Estate Investment Company Limited is and its enterprise value is .

The 1997's stocks Beta value is 1.17 making it 17% more volatile compared to HKEX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Wharf Real Estate Investment Company Limited (HKEX:1997) Frequently Asked Questions

1. What is Wharf Real Estate Investment Company Limited's Stock Symbol?

Wharf Real Estate Investment Company Limited trades on HKEX under the ticker symbol "1997".

2. What is Wharf Real Estate Investment Company Limited's stock price today?

One share of 1997 stock can currently be purchased for approximately $37.4.

3. How can I contact Wharf Real Estate Investment Company Limited?

Wharf Real Estate Investment Company Limited's mailing address is Ocean Centre 16th Floor Harbour City Canton Road Kowloon Hong Kong. The company can be reached via phone at 852 2118 3118.

4. What is Wharf Real Estate Investment Company Limited's official website?

The official website of Wharf Real Estate Investment Company Limited is https://www.wharfreic.com.