02191.HK
SF Real Estate Investment Trust
HKSE · Real Estate · REIT - Industrial · HK
HKD 2.53
+1.40%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 857.1M | 420.2M | 446.0M | 444.9M | 421.5M |
| Cost of Revenue | 184.4M | 83.3M | 102.7M | 87.3M | 77.9M |
| Gross Profit | 672.7M | 336.9M | 343.3M | 357.7M | 343.6M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 26.8M | 5.8M | 6.9M | 37.4M | 32.0M |
| General & Admin Expense | 26.8M | 5.7M | 6.9M | 37.4M | 32.0M |
| Selling & Marketing Expense | — | 108.0K | — | — | — |
| Other Expenses | 1.0B | 23.6M | 591.8M | (57.7M) | — |
| Total Operating Expenses | 1.0B | 29.5M | 598.7M | (20.4M) | 32.0M |
| Cost and Expenses | 1.2B | 112.7M | 701.5M | 66.9M | 109.9M |
| Operating Income (EBIT) | 150.8M | 307.5M | (255.5M) | 378.0M | 613.7M |
| Non-Operating | |||||
| Interest Income | (67.0K) | 2.5M | 5.3M | 9.2M | 3.5M |
| Interest Expense | 78.0M | 85.3M | 115.4M | 113.2M | 72.5M |
| Net Interest Income | (180.7M) | (82.8M) | (110.1M) | (104.8M) | (69.7M) |
| Other Non-Op Income/Expense | (788.9M) | (693.0M) | (110.1M) | (104.8M) | (69.7M) |
| Non-Operating Income (excl Interest) | (955.6M) | 607.7M | (5.3M) | (8.4M) | 300.6M |
| EBT (Pre-Tax Income) | (638.1M) | (385.6M) | (365.5M) | 273.2M | 544.0M |
| Income Tax Expense | 46.0M | (53.3M) | (71.0M) | 53.8M | 104.4M |
| Bottom Line | |||||
| Net Income | (541.3M) | (332.3M) | (294.5M) | 219.5M | 439.7M |
| Earnings from Cont. Ops | (684.1M) | (332.3M) | (294.5M) | 219.5M | 439.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (541.3M) | (332.3M) | (294.5M) | 219.5M | 439.7M |
| Per Share | |||||
| Basic EPS | (HK$0.66) | (HK$0.41) | (HK$0.36) | HK$0.27 | HK$0.55 |
| Diluted EPS | (HK$0.66) | (HK$0.41) | (HK$0.36) | HK$0.27 | HK$0.55 |
| Revenue Per Share | HK$1.04 | HK$0.51 | HK$0.55 | HK$0.56 | HK$0.53 |
| Shares | |||||
| Basic Shares Outstanding | 820.4M | 819.2M | 810.9M | 801.6M | 800.0M |
| Diluted Shares Outstanding | 820.4M | 819.2M | 810.9M | 807.2M | 800.0M |
| Profitability Metrics | |||||
| EBITDA | 585.6M | (298.1M) | (248.0M) | 388.6M | 317.9M |
| D&A | 4.3M | 2.2M | 2.1M | 2.2M | 1.6M |
| EBIT | 581.3M | (300.3M) | (250.2M) | 386.4M | 316.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026