0778.HK
Price:
$4.94
Market Cap:
$10.14B
Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 16 private housing estate retail properties in Hong Kong, comprising of 3 million sq. ft. of retail space and 2,713 car parking spaces. The retail properties are Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Belvedere Square, Laguna Plaza, Waldorf Avenue, Caribbean Square, Jubilee Square, Smartland, Tsing Yi Square, Centre de L...[Read more]
Industry
REIT - Retail
IPO Date
2010-04-20
Stock Exchange
HKSE
Ticker
0778.HK
According to Fortune Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -66.28% compared to the average of 0.08 of the last 4 quarters.
The mean historical Current Ratio of Fortune Real Estate Investment Trust over the last ten years is 0.19. The current 0.03 Current Ratio has changed 1.24% with respect to the historical average. Over the past ten years (40 quarters), 0778.HK's Current Ratio was at its highest in in the June 2010 quarter at 1.07. The Current Ratio was at its lowest in in the June 2009 quarter at 0.
Average
0.19
Median
0.11
Minimum
0.05
Maximum
0.62
Discovering the peaks and valleys of Fortune Real Estate Investment Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 119.88%
Maximum Annual Current Ratio = 0.62
Minimum Annual Increase = -87.27%
Minimum Annual Current Ratio = 0.05
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.05 | -60.76% |
| 2023 | 0.12 | 18.31% |
| 2022 | 0.10 | 30.65% |
| 2021 | 0.08 | 40.61% |
| 2020 | 0.05 | 16.93% |
| 2019 | 0.05 | -87.27% |
| 2018 | 0.36 | -41.16% |
| 2017 | 0.62 | 76.51% |
| 2016 | 0.35 | 119.88% |
| 2015 | 0.16 | -59.03% |
The current Current Ratio of Fortune Real Estate Investment Trust (0778.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.09
5-year avg
0.08
10-year avg
0.19
Fortune Real Estate Investment Trust’s Current Ratio is less than Champion Real Estate Investment Trust (0.23), less than Great Eagle Holdings Limited (1.45), less than Radiance Holdings (Group) Company Limited (1.27), less than Hopson Development Holdings Limited (1.60), less than Logan Group Company Limited (1.04), greater than Red Star Macalline Group Corporation Ltd. (0), greater than Joy City Property Limited (0), less than Shenzhen Investment Limited (1.27), less than GR Life Style Company Limited (0.78), less than Evergrande Property Services Group Limited (0.93),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.23 | $13.68B | |
| 1.45 | $11.22B | |
| 1.27 | $8.37B | |
| 1.60 | $11.53B | |
| 1.04 | $8.68B | |
| 0 | $10.47B | |
| 0 | $8.82B | |
| 1.27 | $7.83B | |
| 0.78 | $11.82B | |
| 0.93 | $14.70B |
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What is the Current Ratio?
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How does the current Current Ratio for Fortune Real Estate Investment Trust (0778.HK) compare to its historical average?