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Champion Real Estate Investment Trust (HKSE:02778) Net Cash per Share : HK$-2.84 (As of Dec. 2023)


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What is Champion Real Estate Investment Trust Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Champion Real Estate Investment Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was HK$-2.84.

The historical rank and industry rank for Champion Real Estate Investment Trust's Net Cash per Share or its related term are showing as below:

HKSE:02778's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 20.585
* Ranked among companies with meaningful Price-to-Net-Cash only.

Champion Real Estate Investment Trust Net Cash per Share Historical Data

The historical data trend for Champion Real Estate Investment Trust's Net 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.

Champion Real Estate Investment Trust Net Cash per Share Chart

Champion Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.87 -3.22 -2.91 -2.89 -2.84

Champion 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
Net 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 -2.91 -2.93 -2.89 -2.86 -2.84

Competitive Comparison of Champion Real Estate Investment Trust's Net Cash per Share

For the REIT - Retail subindustry, Champion Real Estate Investment Trust's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Champion Real Estate Investment Trust's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Champion Real Estate Investment Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Champion Real Estate Investment Trust's Price-to-Net-Cash falls into.



Champion Real Estate Investment Trust Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

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

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(980.582-18050.956-0)/6013.73
=-2.84

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

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(980.582-18050.956-0)/6013.73
=-2.84

* 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.


Champion Real Estate Investment Trust  (HKSE:02778) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Champion Real Estate Investment Trust Net Cash per Share Related Terms

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Champion Real Estate Investment Trust (HKSE:02778) Business Description

Traded in Other Exchanges
Address
Great Eagle Centre, 23 Harbour Road, Suite 3008, 30th Floor, Wanchai, Hong Kong, HKG
Champion Real Estate Investment Trust, or Champion REIT, owns and invests in income-producing office and retail properties, with a focus on Grade A commercial properties in prime locations. In Hong Kong, the trust holds two assets in Three Garden Road in the central business district and the retail and office components of Langham Place in Mong Kok. Great Eagle Holdings listed Champion REIT with a 91.5% stake in Three Garden Road in 2006 and injected the Langham Place office and retail portions into the trust in 2008. The trust acquired the remaining stake in Three Garden Road and unified ownership of the property in 2013. Great Eagle Holdings retains a 68.3% stake in Champion REIT. In 2021, the trust entered into a joint venture to acquire a 27% stake in 66 Shoe Lane in London.
Executives
Great Eagle Holdings Limited 2201 Interest of corporation controlled by you
Lo Ka Shui 2201 Interest of corporation controlled by you
Eagle Asset Management (cp) Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee

Champion Real Estate Investment Trust (HKSE:02778) Headlines

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