Sunlight Real Estate Investment Trust (HKG:0435)

Hong Kong · Delayed Price · Currency is HKD

2.285

-0.020 (-0.87%)

Aug 21, 2026, 4:08 PM HKT

HKG:0435 Financials Overview

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Revenue	769.28	778.07	824.22	830.26	783.27	802.93
Revenue Growth	-1.13%	-5.60%	-0.73%	6.00%	-2.45%	0.46%
Net Income	-227.28	-275.45	-115.34	159.24	-28.43	102.94
Earnings Per Share	-0.13	-0.16	-0.07	0.09	-0.02	0.06
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Office Properties	358.06	359.68	379.03	382.02	384.64	398.54
Retail Properties	411.21	418.39	445.19	448.24	398.63	404.39
Total	769.28	778.07	824.22	830.26	783.27	802.93

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Cash & Investments	499.59	429.02	416	464.58	511.06	642.32
Total Debt	5,004	4,996	4,954	4,964	4,951	4,348
Net Cash (Debt)	-4,504	-4,567	-4,538	-4,500	-4,440	-3,705
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.58	-2.63	-2.66	-2.64	-2.63	-2.21

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Operating Cash Flow	-	485.28	491.67	517.85	524.65	499.64
Free Cash Flow	-	485.28	491.67	517.85	524.65	499.64
Free Cash Flow Growth	-	-1.30%	-5.06%	-1.30%	5.01%	-6.80%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Operating Margin	63.86%	64.32%	64.73%	64.98%	66.13%	66.84%
Pretax Margin	-22.07%	-28.03%	-7.05%	26.07%	4.95%	22.31%
Profit Margin	-29.54%	-35.40%	-13.99%	19.18%	-3.63%	12.82%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 21, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Dividend Per Share	0.176	0.182	0.183	0.181	0.220	0.250
Dividend Per Share Growth	-2.72%	-0.36%	0.92%	-17.73%	-12.00%	-2.34%
Dividend Yield	7.70%	8.04%	11.11%	12.56%	9.93%	9.52%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 21, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
PE Ratio	-	-	-	18.41	-	59.63
PS Ratio	5.22	5.28	3.90	3.53	6.23	7.65