Sunlight Real Estate Investment Trust (HKG:0435)

HKG:0435 Statistics

Total Valuation

HKG:0435 has a market cap or net worth of HKD 4.01 billion. The enterprise value is 8.57 billion.

Market Cap	4.01B
Enterprise Value	8.57B

Important Dates

The last earnings date was Thursday, April 9, 2026.

Earnings Date	Apr 9, 2026
Ex-Dividend Date	Mar 26, 2026

Share Statistics

HKG:0435 has 1.76 billion shares outstanding. The number of shares has increased by 2.01% in one year.

Current Share Class	1.76B
Shares Outstanding	1.76B
Shares Change (YoY)	+2.01%
Shares Change (QoQ)	+0.64%
Owned by Insiders (%)	0.20%
Owned by Institutions (%)	18.58%
Float	732.81M

Valuation Ratios

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	14.69
PS Ratio	5.15
PB Ratio	0.32
P/TBV Ratio	0.32
P/FCF Ratio	8.26
P/OCF Ratio	8.26
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.13, with an EV/FCF ratio of 17.67.

EV / Earnings	-31.13
EV / Sales	11.02
EV / EBITDA	17.13
EV / EBIT	17.13
EV / FCF	17.67

Financial Position

The company has a current ratio of 0.31, with a Debt / Equity ratio of 0.40.

Current Ratio	0.31
Quick Ratio	0.31
Debt / Equity	0.40
Debt / EBITDA	9.98
Debt / FCF	10.30
Interest Coverage	2.86

Financial Efficiency

Return on equity (ROE) is -2.17% and return on invested capital (ROIC) is 2.86%.

Return on Equity (ROE)	-2.17%
Return on Assets (ROA)	1.72%
Return on Invested Capital (ROIC)	2.86%
Return on Capital Employed (ROCE)	3.05%
Weighted Average Cost of Capital (WACC)	5.21%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.04
Inventory Turnover	n/a

Taxes

In the past 12 months, HKG:0435 has paid 57.35 million in taxes.

Income Tax	57.35M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +12.26% in the last 52 weeks. The beta is 0.73, so HKG:0435's price volatility has been lower than the market average.

Beta (5Y)	0.73
52-Week Price Change	+12.26%
50-Day Moving Average	2.36
200-Day Moving Average	2.35
Relative Strength Index (RSI)	39.78
Average Volume (20 Days)	1,339,552

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:0435 had revenue of HKD 778.07 million and -275.45 million in losses. Loss per share was -0.16.

Revenue	778.07M
Gross Profit	604.09M
Operating Income	500.46M
Pretax Income	-218.10M
Net Income	-275.45M
EBITDA	500.51M
EBIT	500.46M
Loss Per Share	-0.16

Balance Sheet

The company has 429.02 million in cash and 5.00 billion in debt, with a net cash position of -4.57 billion or -2.60 per share.

Cash & Cash Equivalents	429.02M
Total Debt	5.00B
Net Cash	-4.57B
Net Cash Per Share	-2.60
Equity (Book Value)	12.40B
Book Value Per Share	7.09
Working Capital	-1.04B

Cash Flow

In the last 12 months, operating cash flow was 485.28 million and capital expenditures -6,000, giving a free cash flow of 485.27 million.

Operating Cash Flow	485.28M
Capital Expenditures	-6,000
Depreciation & Amortization	n/a
Net Borrowing	n/a
Free Cash Flow	485.27M
FCF Per Share	0.28

Margins

Gross margin is 77.64%, with operating and profit margins of 64.32% and -35.40%.

Gross Margin	77.64%
Operating Margin	64.32%
Pretax Margin	-28.03%
Profit Margin	-35.40%
EBITDA Margin	64.33%
EBIT Margin	64.32%
FCF Margin	62.37%

Dividends & Yields

This stock pays an annual dividend of 0.18, which amounts to a dividend yield of 7.91%.

Dividend Per Share	0.18
Dividend Yield	7.91%
Dividend Growth (YoY)	-1.09%
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	-2.01%
Shareholder Yield	5.90%
Earnings Yield	-6.87%
FCF Yield	12.11%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	4