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Fortune Real Estate Investment Trust (HKSE:00778) Cash per Share : HK$0.05 (As of Dec. 2023)


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What is Fortune Real Estate Investment Trust Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Fortune Real Estate Investment Trust's Cash per Share for the quarter that ended in Dec. 2023 was HK$0.05.

Fortune Real Estate Investment Trust Cash per Share Historical Data

The historical data trend for Fortune Real Estate Investment Trust's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortune Real Estate Investment Trust Cash per Share Chart

Fortune Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.09 0.06 0.10 0.05

Fortune Real Estate Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.10 0.10 0.09 0.05

Fortune Real Estate Investment Trust Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Fortune Real Estate Investment Trust's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=106.718/2,015
=0.05

Fortune Real Estate Investment Trust's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=106.718/2,015
=0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortune Real Estate Investment Trust  (HKSE:00778) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Fortune Real Estate Investment Trust Cash per Share Related Terms

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Fortune Real Estate Investment Trust (HKSE:00778) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fortune Real Estate Investment Trust (HKSE:00778) » Definitions » Cash per Share
Comparable Companies
HKSE:02778 SPG O KIM HKSE:00823 REG ASX:SCG XPAR:URW SGX:C38U FRT NNN XPAR:LI BRX ASX:VCX ADC KRG PECO TSE:8953 TSX:REI.UN MAC
Traded in Other Exchanges
FRIVF:USA
Address
5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985
Website
https://www.fortunereit.com
Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.
Executives
Ck Asset Holdings Limited
Li Ka-shing

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