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) - Total Assets
Latest total assets as of December 2024: $38.46 Billion USD
Based on the latest financial reports, Fortune Real Estate Investment Trust (FRIVF) holds total assets worth $38.46 Billion USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Fortune Real Estate Investment Trust - Total Assets Trend (2004–2024)
This chart illustrates how Fortune Real Estate Investment Trust’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fortune Real Estate Investment Trust - Asset Composition Analysis
Current Asset Composition (December 2024)
Fortune Real Estate Investment Trust's total assets of $38.46 Billion consist of 0.5% current assets and 99.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $59.37 Million | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Fortune Real Estate Investment Trust's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fortune Real Estate Investment Trust's current assets represent 0.5% of total assets in 2024, a decrease from 3.3% in 2004.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 2.5% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Fortune Real Estate Investment Trust Competitors by Total Assets
Key competitors of Fortune Real Estate Investment Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Qrf Comm. VA
F:2QR
|
Germany | €228.00 Million |
|
Mastern Premier REIT 1 Co. Ltd.
KO:357430
|
Korea | ₩152.85 Billion |
|
Lotte Reit Co Ltd
KO:330590
|
Korea | ₩2.62 Trillion |
|
Hektar Real Estate Investment Trust
KLSE:5121
|
Malaysia | RM1.45 Billion |
|
Sunway Real Estate Investment Trust
KLSE:5176
|
Malaysia | RM10.66 Billion |
|
CapitaLand Malaysia Mall Trust
KLSE:5180
|
Malaysia | RM5.62 Billion |
|
Pavilion Real Estate Inv Trust
KLSE:5212
|
Malaysia | RM9.83 Billion |
|
KIP Real Estate Investment Trust
KLSE:5280
|
Malaysia | RM1.75 Billion |
Fortune Real Estate Investment Trust - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Fortune Real Estate Investment Trust generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fortune Real Estate Investment Trust is currently not profitable relative to its asset base.
Fortune Real Estate Investment Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.12 | 0.05 |
| Quick Ratio | 0.05 | 0.12 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.11 Billion | $ -1.54 Billion | $ -4.70 Billion |
Fortune Real Estate Investment Trust - Advanced Valuation Insights
This section examines the relationship between Fortune Real Estate Investment Trust's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.32 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -2.7% |
| Total Assets | $38.46 Billion |
| Market Capitalization | $763.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fortune Real Estate Investment Trust's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Fortune Real Estate Investment Trust's assets decreased by 2.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Fortune Real Estate Investment Trust (2004–2024)
The table below shows the annual total assets of Fortune Real Estate Investment Trust from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $38.46 Billion | -2.66% |
| 2023-12-31 | $39.51 Billion | -2.05% |
| 2022-12-31 | $40.34 Billion | +1.54% |
| 2021-12-31 | $39.72 Billion | +0.99% |
| 2020-12-31 | $39.34 Billion | -8.63% |
| 2019-12-31 | $43.05 Billion | +0.98% |
| 2018-12-31 | $42.63 Billion | +7.60% |
| 2017-12-31 | $39.62 Billion | +6.88% |
| 2016-12-31 | $37.07 Billion | +0.99% |
| 2015-12-31 | $36.71 Billion | +9.26% |
| 2014-12-31 | $33.60 Billion | +10.77% |
| 2013-12-31 | $30.33 Billion | +45.53% |
| 2012-12-31 | $20.84 Billion | +20.33% |
| 2011-12-31 | $17.32 Billion | +24.88% |
| 2010-12-31 | $13.87 Billion | +14.97% |
| 2009-12-31 | $12.06 Billion | +35.81% |
| 2008-12-31 | $8.88 Billion | -83.61% |
| 2007-12-31 | $54.19 Billion | +12.22% |
| 2006-12-31 | $48.28 Billion | +16.74% |
| 2005-12-31 | $41.36 Billion | +107.45% |
| 2004-12-31 | $19.94 Billion | -- |