Fortune Real Estate Investment Trust
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 17 retail properties, with 16 private housing estate ret… Read more
Fortune Real Estate Investment Trust (FRIVF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.010x
Based on the latest financial reports, Fortune Real Estate Investment Trust (FRIVF) has a cash flow conversion efficiency ratio of 0.010x as of June 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($280.47 Million) by net assets ($27.72 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fortune Real Estate Investment Trust - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Fortune Real Estate Investment Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Fortune Real Estate Investment Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fortune Real Estate Investment Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ScanSource Inc
NASDAQ:SCSC
|
0.025x |
|
Theon International Plc
AS:THEON
|
-0.012x |
|
Pacira BioSciences, Inc.
NASDAQ:PCRX
|
0.063x |
|
Jizhong Energy Resources Co Ltd
SHE:000937
|
0.023x |
|
J.S. Corrugating Machinery Co Ltd
SHE:000821
|
0.037x |
|
Global Digital Niaga
JK:BELI
|
-0.022x |
|
LIMBACH HLDGS DL-0001
F:J4B
|
N/A |
|
Astronics Corp Cl B
PINK:ATROB
|
0.320x |
Annual Cash Flow Conversion Efficiency for Fortune Real Estate Investment Trust (2004–2024)
The table below shows the annual cash flow conversion efficiency of Fortune Real Estate Investment Trust from 2004 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $26.93 Billion | $1.03 Billion | 0.038x | -7.52% |
| 2023-12-31 | $28.08 Billion | $1.16 Billion | 0.041x | +2.27% |
| 2022-12-31 | $28.93 Billion | $1.17 Billion | 0.041x | +8.37% |
| 2021-12-31 | $29.18 Billion | $1.09 Billion | 0.037x | +9.20% |
| 2020-12-31 | $28.63 Billion | $980.00 Million | 0.034x | -19.37% |
| 2019-12-31 | $32.62 Billion | $1.38 Billion | 0.042x | +6.42% |
| 2018-12-31 | $32.01 Billion | $1.28 Billion | 0.040x | -16.34% |
| 2017-12-31 | $26.89 Billion | $1.28 Billion | 0.048x | -9.46% |
| 2016-12-31 | $24.54 Billion | $1.29 Billion | 0.053x | +7.96% |
| 2015-12-31 | $24.11 Billion | $1.18 Billion | 0.049x | +5.19% |
| 2014-12-31 | $22.38 Billion | $1.04 Billion | 0.046x | +10.18% |
| 2013-12-31 | $19.11 Billion | $804.16 Million | 0.042x | -13.81% |
| 2012-12-31 | $14.98 Billion | $731.25 Million | 0.049x | +0.64% |
| 2011-12-31 | $13.23 Billion | $641.70 Million | 0.049x | +5.27% |
| 2010-12-31 | $10.33 Billion | $476.20 Million | 0.046x | -15.59% |
| 2009-12-31 | $8.83 Billion | $482.21 Million | 0.055x | -17.13% |
| 2008-12-31 | $6.16 Billion | $405.56 Million | 0.066x | +22.95% |
| 2007-12-31 | $39.62 Billion | $2.12 Billion | 0.054x | -10.04% |
| 2006-12-31 | $34.83 Billion | $2.07 Billion | 0.060x | +16.96% |
| 2005-12-31 | $28.99 Billion | $1.48 Billion | 0.051x | -22.00% |
| 2004-12-31 | $14.92 Billion | $974.24 Million | 0.065x | -- |